on page 21 " at sept 30 2012 the co. had capital deficiency of 116,042 $... Imagine in december !!
So to the ones who doubted that this financing was mostly to pay bills and administration back log..
please explain .. ? And please tell how close were we from decomissioning.. What 's left and where exactly will it be going ?
Also read Related party transactions No 1) " the co. retains services of a co. owned by an officer ", I guess that would be Mojo Group ( Franks co. ) or Landrill .. But Landrill is mentionned at no 3) so who 's left ?
" services provided was 98 012 $ of wich 49 006$ was recorded in exploration fee's and 49 006 $ in mngmt fee's .."
Please also explain us how can this amount be divided in two exact halfs for both exploration fee's and adminstration .. ? It's like at the garage when the bill comes and labor is exactly double the parts amount !
Except that you're at least get your car fixed ! .. Here someone got paid 98 012 $ for 3 months , assisitng
a little 2000m drill prog going down in Rouyn Qc from Vancouver B-C .