Ann: CPV sign MOU with VR hospitality developer Virtuality Venues, page-14

Looking at previous financials there are performance guarantees for the allocation of shares if the guidelines are met.
One of the conditions is that MOU'S are needed to fill the quota.
Lasts weeks financials document was really the most inventive bit of writing I have ever seen.
Not only is there any indication of forward earnings if any of these come to fruition but there is not even an update of current costings to compare with previous costings because they have never been mentioned.
It shows income of approx $600,000 attributed to grants and tax incentives and without that it's a bleak document.
Whichever way one crunches the numbers, it's hard to imagine that this will ever be viable but it stays airborne for the moment very cleverly as if hoping for a buyout.
In the meantime the daily volumes are smartly generated whilst the various holders have calculated what it costs to keep the shares looking as if there is a pulse in them.
The only perceivable value are the tax losses.