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Message: August Tower Report

Francis, 

  • You borrowed 1m CAD recently and apparently nothing went into tower erection. How is this a sustainable business model? Please explain where the money went.
  • August tower report is a disappointment. Why is it late? No new towers is embarrassing. Where is the progress? You cannot borrow month per month monies at 20% interest rate, a horrendous conversion rate just to not build towers which is your core business. Please explain.
  • Why should investors believe that you will be able to erect towers with any kind of future financing if you have failed to do so in the past?

I hope you enjoyed your vacation - now back to work ASAP. There are lots of things to do.

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