Lots of nothing. Interesting to see:
ACTUAL RECEIPTS AND DISBURSEMENTS 16. Attached as Confidential Appendix “A” is a summary of the Applicant’s actual receipts and disbursements during the Reporting Period. Xxx xxxxxxx xxxxxxx xxxxxxx xxxxxxx xxxxxx xx xxxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxx xx. The unfavourable variance is mainly due to timing differences in CCAA costs.
Hopefully Gowlings will be able to see the unredacted information to see what is really going on.
www.investopedia.com/terms/u/unfavorable-variance.asp
An accounting term that describes instances where actual costs are greater than the standard or expected costs. An unfavorable variance can alert management .
I'm sure our management is well aware of how people are getting fat of the backs of small decent shareholders who trusted them. Karma can be an amazing equalizer.
JJ
