May & June Events
Posted: Thu May 02, 2024 9:23 am
We have 2 live webinars scheduled in May.
The first one is set for May 15. You can register on the EPG website. I will be talking to the CEO of a gold mining company, Amex Exploration (AMX.V).
On May 22 Mundoro Capital (MUN.V) will be hosting a live webinar for us. Mundoro is PROFITABLE and the stock is trading for just $0.185Cdn per share. I had a long telephone conversation with the Company's CEO. I think this "Penny Stock" could be a triple for us. First Call's price target is $0.66Cdn.
Financial Highlights and 2024 Outlook (All amounts are expressed in Canadian dollars unless otherwise indicated.)
Cash Position: As of December 31, 2023, the Company held $6.5 million in cash and cash equivalents and no long-term debt. As a result, the Company does not anticipate a need for capital raising in 2024.
Fees Earned and Net Option Payments Received: During the year-end December 31, 2023, the Company generated $3,015,408 in Fees earned and Net Option Payments, compared to $886,887, which represents a 240% increase, compared to the comparable period in 2022.
Corporate Expenses: During the year-end December 31, 2023, the Company incurred Corporate Expenses of $1,364,642, compared to $1,248,273, which represents a 9% increase, compared to the comparable period in 2022. Corporate Expenses include accounting and audit, regulatory and corporate governance, corporate communication, and general and administrative expenses.
Net Income: During the year-end December 31, 2023, the Company's net income was $1,398,323, compared to a net loss of $1,593,211, which represents a 187% increase, compared to the comparable period in 2022.
Cash flow from Operating Activities: During the year-end December 31, 2023, cash flow from operating activities is $1,009,300, compared to $1,203,915 in 2022.
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Our next Houston luncheon is going to be hosted by Ring Energy (REI) on June 13.
The first one is set for May 15. You can register on the EPG website. I will be talking to the CEO of a gold mining company, Amex Exploration (AMX.V).
On May 22 Mundoro Capital (MUN.V) will be hosting a live webinar for us. Mundoro is PROFITABLE and the stock is trading for just $0.185Cdn per share. I had a long telephone conversation with the Company's CEO. I think this "Penny Stock" could be a triple for us. First Call's price target is $0.66Cdn.
Financial Highlights and 2024 Outlook (All amounts are expressed in Canadian dollars unless otherwise indicated.)
Cash Position: As of December 31, 2023, the Company held $6.5 million in cash and cash equivalents and no long-term debt. As a result, the Company does not anticipate a need for capital raising in 2024.
Fees Earned and Net Option Payments Received: During the year-end December 31, 2023, the Company generated $3,015,408 in Fees earned and Net Option Payments, compared to $886,887, which represents a 240% increase, compared to the comparable period in 2022.
Corporate Expenses: During the year-end December 31, 2023, the Company incurred Corporate Expenses of $1,364,642, compared to $1,248,273, which represents a 9% increase, compared to the comparable period in 2022. Corporate Expenses include accounting and audit, regulatory and corporate governance, corporate communication, and general and administrative expenses.
Net Income: During the year-end December 31, 2023, the Company's net income was $1,398,323, compared to a net loss of $1,593,211, which represents a 187% increase, compared to the comparable period in 2022.
Cash flow from Operating Activities: During the year-end December 31, 2023, cash flow from operating activities is $1,009,300, compared to $1,203,915 in 2022.
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Our next Houston luncheon is going to be hosted by Ring Energy (REI) on June 13.