Feb. 20 at 9:16 PM
$COSM @GKworldtraders:
There seems to be a misunderstanding. The company does not currently report ownership of a Montreal building.
Per the company’s own disclosure:
On January 6, 2023, the Company signed a purchase agreement to acquire approximately 450 sq. meters in Montreal, Canada for
$3,950,000.
Approximately
$1.2 million was paid in advance.
A 160-day closing window from January 6, 2023 was agreed — but the transaction was never completed.
As of late 2025, filings continue to reflect this as an “agreement to purchase”, not an owned asset.
The August 18, 2025 Form 10-Q still lists
$2,000,020 under “Advances for building’s acquisition.”
This raises reasonable questions:
• Why was closing not completed?
• What is the status of the advance?
• Is the price aligned with market value for a 450 sq. meter warehouse in Montreal?
Shareholders deserve clarity.
For direct inquiry:
[email protected]
