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Posted On: 05/18/2017 12:58:48 PM
Post# of 15624
E-mail response about the "Administrative and General Expenses":
Dear Mr. Feller,
The answer to your question can be understood looking at the Condensed Consolidated Statements of Cash Flows . the total G&A was 1,401 thousands deduct Amortization of services receivable 179 thousand plus Stock-based compensation 1,058 thousand so actual expenses were 164 thousand.
I hope it answers your question . we are working on a very minimum wages and expenses.
Sincerely yours
Mordechai Bignitz
Chairman & CEO
OWC Pharmaceutical Research Corp.
Email: mordechai.bignitz@owcpharma.com
Dear Mr. Feller,
The answer to your question can be understood looking at the Condensed Consolidated Statements of Cash Flows . the total G&A was 1,401 thousands deduct Amortization of services receivable 179 thousand plus Stock-based compensation 1,058 thousand so actual expenses were 164 thousand.
I hope it answers your question . we are working on a very minimum wages and expenses.
Sincerely yours
Mordechai Bignitz
Chairman & CEO
OWC Pharmaceutical Research Corp.
Email: mordechai.bignitz@owcpharma.com
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