Money for deposit on a facility in Canada? Plea
Post# of 56324
Posted On: 10/30/2014 2:33:41 PM
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Money for deposit on a facility in Canada?
Please excuse me if this was posted or discussed before.
From p14 and 15 of the quarterly report from qtr ending june 30th.
Looks like they have money to put toward a deposit on something if I read correctly. What is this or was this for?
Seems separate from site 1 and 2.
Just more to come that we don't know about?
Something in Alberta?
p15
NOTE 7 – Other Assets
The Company has a prepaid asset for a deposit on a facility in Canada for
$75,000, rent deposits and other loans to individuals.
Before the above on p14 construction build out is mentioned (assumed site 1) and purchase is mentioned of land (assumed site 2).see below.
From bottom of p14
The Company has started the construction and build-out of a facility in Canada and the construction costs in progress represent all costs incurred to June 30, 2014 for the facility and other related costs.
Additionally, the Company bought land with existing buildings on an adjacent
property during the quarter ended June 30, 2014 for $1,064,651.
p14
Please excuse me if this was posted or discussed before.
From p14 and 15 of the quarterly report from qtr ending june 30th.
Looks like they have money to put toward a deposit on something if I read correctly. What is this or was this for?
Seems separate from site 1 and 2.
Just more to come that we don't know about?
Something in Alberta?
p15
NOTE 7 – Other Assets
The Company has a prepaid asset for a deposit on a facility in Canada for
$75,000, rent deposits and other loans to individuals.
Before the above on p14 construction build out is mentioned (assumed site 1) and purchase is mentioned of land (assumed site 2).see below.
From bottom of p14
The Company has started the construction and build-out of a facility in Canada and the construction costs in progress represent all costs incurred to June 30, 2014 for the facility and other related costs.
Additionally, the Company bought land with existing buildings on an adjacent
property during the quarter ended June 30, 2014 for $1,064,651.
p14
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