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Re: Paulness post# 7836

Thursday, 08/06/2015 12:16:04 PM

Thursday, August 06, 2015 12:16:04 PM

Post# of 9931
Huh?

that's it?

only the cash balance and the Stockholders' Equity are mentioned?

Where is the balance of the "Second Quarter Financial Results and Balance Sheet Highlights"

What are the revenues?

What is the Net Loss?

not surprised

and why is this not surprising?

because this is what scam companies do!





Second Quarter Financial Results and Balance Sheet Highlights
The Company's cash and cash equivalents were $23,117,144 at June 30, 2015, compared with $17,391,601 at December 31, 2014.

Therefore, the Company’s ability to continue as a going concern is reasonably assured due to its cash and cash equivalents on hand at June 30, 2015. Given the Company’s current rate of expenditures and its ability to curtail or defer certain controllable expenditures, the Company has sufficient cash on hand to last well into 2017.

Stockholders' equity at June 30, 2015, was $30,246,789. This compares to stockholders' equity at December 31, 2014, of $25,189,876.

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