RE: 3 key areas...29 Dec 2018 19:46
This is the thing he can be the worst director in the world and still keep his place on the board. Shocking really should of paid these bonds off years ago struck a deal with someone. We are owed nearly $6.5 mill in tax rebate which I've been told we are getting by other means whatever that is. Money is what we need and $6.5 mill would go along way in helping
From the inception of operations in Georgia, the Company has incurred certain tax expenses which per the terms of the Production Sharing Agreement with the Georgian government are subject to reimbursement from the state. The Company has notified the appropriate authorities and is in the process of collecting a tax refund from the Georgian government. As of June 30, 2018 the amount of refund due to the Company was $6.4 million.