Reading the financials omg, amazing or are my eyes deceivng me? What a fantastic gig they have. On revenue of $1.4mil making a gross profit of 325k, they spent $2.5m + .7m= $3.2mill on admin and directors fees. Plus 134k on travel expenses during a year of covid lockdown. 200k on other expenses??? And so on, for a total loss of $4.77million. We have 2 directors getting $312k each plus a COO getting 190k. Is this Alice in Wonderland and the Mad Hatters tea party !! imho.
CGB Price at posting:
0.4¢ Sentiment: None Disclosure: Held