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CEN BIOTECH INC.
(Total Views: 810)
Posted On: 04/15/2017 1:03:21 AM
Post# of 1288
Posted By: Steady Freddy
Re: RML65 #1164
Quote:
The fact that QMKR is willing to issue 100 M shares when they have only about 22 M right now says to me that they have much faith in what the new subsidiary(old CenBio) can do going forward.



Ok you're theCEO of QMKR

You are $400Kin debt and you decided to buy CENB with $14,000,000 in debt and $6,000,000 in assets which are Leasehold Improvements which since the last year have been amortized down the $1,400,000 according to the latest CEN S10. So by next year it'll be $0.

Yes awesome business plan. I don't even know what kind of a idiot would think this is a good business idea.

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