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Microcap & Penny Stocks : Stateside's Canadian Microcap Board

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To: ayeyou who wrote (1290)	11/5/2015 11:24:34 AM
From: ayeyou	of 1728

BRM Here is why the General and Admin number was skewed. From MD&A....Good to see they were not spending it on Cognac and strippers after September run up ............. General and Administrative Sept 2015 June 2015 Sept 2014 $537,000 $359,000 $343,000 General and Administration expenditures include administrative salaries, consulting, office supplies, regulatory and transfer fees, travel and corporate affairs. General and administrative expenses of $537,000 incurred during the quarter were higher than those incurred during the first and second quarter due to a $195,000 provision record in the third quarter against certain accounts receivable due to uncertainty over collection.

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