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Basileus

3,219 Posts.

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24/05/19

19:52

Post #: 38736686
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Originally posted by Basileus: ↑

Seriously - where does one start with this?

I actually skimmed the document looking for some good figures - proved to be a rather difficult task.

I think there are 3 immediate areas where I think holders might want to make further enquiries.

1. Losses have increased on the previous period losses.
"The consolidated loss for the half- year ended 31 December 2018 was $4,944,428 (2017 loss$3,809,922)." p.2

2. Therefore, accumulated losses continuing to mount - currently standing at .
Accumulated losses Dec 18 (26,984,991) 30 June 2018 (23,617,200)

3. Related party transactions and loans. p. 45

Why is there still a management services agreement (commenced in 2007) when the consolidated loss for the half

Why is there a loan of $21,314 to AGMPL? How does this loan advantage CGB shareholders?

And where's the CGB rep these days?

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Got interrupted. Incomplete sentences.

**Why is there still a management services agreement (commenced in 2007) when the consolidated loss for the half was $4,944,428 dollars?

CGB Price at posting: 3.7¢ Sentiment: None Disclosure: Not Held
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Got interrupted. Incomplete sentences.Why is there still a...**