Posted On: 05/14/2015 8:04:23 AM
Post# of 876
since bikeguy has clarified this directly from David Chalk =perhaps they should correct this 10Q language -which causes confusion and is used by bashers to mock the tech because its easier to create a language than to create the live auditing PROCESS
"proprietary fully patented fifth generation programming language (5GL)"
also, to answer helpme's question of where the additional working capital deficit came from-over 100k of that was incurrred /owed to Bruce and Texada in the nine months leading to feb 28- much higher than normal-indicating a lot of activity in searching for investors and setting this up- so since that is an insider debt its less critical and could be released by Bruce/Texada- esp if the 10% royalties they get are good from a successful program
"proprietary fully patented fifth generation programming language (5GL)"
also, to answer helpme's question of where the additional working capital deficit came from-over 100k of that was incurrred /owed to Bruce and Texada in the nine months leading to feb 28- much higher than normal-indicating a lot of activity in searching for investors and setting this up- so since that is an insider debt its less critical and could be released by Bruce/Texada- esp if the 10% royalties they get are good from a successful program
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