you raise a great point thanks Ozgull. Thank you!
the 100,000,000 options converted at 0.0035c = $350,000
Where is this $350,000 showing that CCO would have received onto the balance sheet in the quarterly released Jan 31st to ASX?
There is not mention of an increase of cash on hand that corresponds in the appendix.
what’s more bizarre is the company then proceeded in the following months with how many capital raises for how much!?
Let’s hope this money wasn’t inadvertently used or accounted for any way to attribute sales increase or revenue.
not suggesting in any way this is the case & surely this isn’t … but the question has to be asked where has this money gone and what was it used for? How did this get overlooked and where is it accounted? It can’t have just ‘vanished’?
I shall dig some more when I have more time.
This could be the best one yet!
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