Tuesday, March 07, 2017 3:30:12 PM
https://www.otcmarkets.com/stock/EPAZ/profile
https://www.otcmarkets.com/ajax/showFinancialReportById.pdf?id=167171
Note 2 – Going Concern
As shown in the accompanying condensed consolidated financial statements, the Company has incurred recurring losses from operations
resulting in an accumulated deficit of $17,302,152, and as of September 30, 2016, the Company’s current liabilities exceeded its current
assets by $4,170,416 and its total liabilities exceeded its total assets by $4,965,269. These factors raise substantial doubt about the
Company’s ability to continue as a going concern. The financial statements do not include any adjustments that might result from the
outcome of any uncertainty as to the Company’s ability to continue as a going concern. These financial statements also do not include any
adjustments relating to the recoverability and classification of recorded asset amounts, or amounts and classifications of liabilities
that might be necessary should the Company be unable to continue as a going concern.
Recent EPAZ News
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- Epazz, Inc. (OTC Pink: EPAZ) US Navy Collaboration ZenaDrone 1000 • InvestorsHub NewsWire • 11/09/2023 01:30:00 PM
- Epazz, Inc. (OTC Pink: EPAZ) US Navy Collaboration ZenaDrone 1000 Extreme Weather Demo • InvestorsHub NewsWire • 11/07/2023 01:30:00 PM
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