The Company’s net loss totaled $84,357 for the three months ended June 30, 2019, with basic and diluted loss per share of $0.00, of which the share of the loss by the non-controlling interest in EEStor was ($113,959). This compares with a net loss of $1,524,326 with basic and diluted loss per share of $0.01 for the three months ended June 30, 2018, of which the share of the loss by the non-controlling interest in EEStor was $411,908. The decrease in net loss of $1,439,969 was principally due to the temporary suspension of operations at EEStor in Cedar Park and cost saving initiatives for corporate overheads necessitated by the Company’s liquidity challenges.
As at June 30, 2019, the Company has a cash balance of $136,221 and current liabilities of $776,022 due within 12 months. As at June 30, 2019, the Company has working capital deficiency of $140,264. If adequate funds are not available on acceptable terms, the Company may not be able to fund its planned operations for at least the next 12 months and as a result may be required to continue highly scaled back operations.

 

Muahahahahahahahahahahahaha!!!

 

I predict EEScam will release a PR before end of September claiming some kind of improved test results in an attempt to cheer up Dicky Scott The Texas Boor ahole yayboobs at the AGM. Not one reputable company will be interested in con Clifford's/EEscam disruptive stories!