Just had a quick look on the 10Q and the MDA, nothing surprising but looks like the court case is still going. If people are interested you can see some progress on a website call “www.court listener.com”. You can’t view any legal doc but looks like it’s moving in a sense.
The cashflow remains a concern as always, with 8mil in the bank and the three months operating expense is at 4.2m. So basically we need to secure funding with a 3-4 month period. Will that happen? Honestly with government turn around I highly doubted it as it mentioned they submitted the application only in March 2024. So what’s the next step? I don’t know the answer - it could be some internal loan probably to drag it out as I don’t suspect the convertible note to be revised again.
i don’t really understand the “loss on extinguishment of debt” if anyone can shed some light on this, it will be appreciated!!
Thanjs
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Just had a quick look on the 10Q and the MDA, nothing surprising...
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18.0¢ |
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Mkt cap ! $59.53M |
Open | High | Low | Value | Volume |
18.3¢ | 18.5¢ | 17.0¢ | $61.45K | 339.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 191798 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.0¢ | 42034 | 2 |
View Market Depth
No. | Vol. | Price($) |
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5 | 191798 | 0.170 |
6 | 106156 | 0.165 |
5 | 63759 | 0.160 |
1 | 66666 | 0.150 |
1 | 15000 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.180 | 42034 | 2 |
0.185 | 52696 | 2 |
0.190 | 80000 | 3 |
0.195 | 154000 | 2 |
0.200 | 1400 | 1 |
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