Don't forget admin. I would say they have been working very hard since early last year to put together the current business model & deals plus implement & investigate further business synergies &/or additions. Don't forget we are growing in 4 states & doing business over 4 continents. I'm sure Neil would have to receive a pay cheque as well as all board members & other staff which is why I have no real issue with the spend like some do. Personally I feel it is not bad for what they have achieved.
"We are most pleased to advise that our new company is presently finalising a significant and material partnership agreement regarding our medical cannabis formulations and hemp food consumables which will significantly move forward our production schedule and capacity in 2019, focusing on generating substantial short term revenues for our Company"
Just the Bonify or Pharmocann deal can quickly make us cashflow positive so as long as they build the facility & begin production ASAP there will be much to celebrate....especially if ahead of schedule 2019 will be a pivotal year!
- Forums
- ASX - By Stock
- CGB
- Ann: Quarterly Activities and Cashflow Report
Ann: Quarterly Activities and Cashflow Report, page-34
-
- There are more pages in this discussion • 248 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CGB (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online