CNBX Pharmaceuticals Inc (CNBX)

[clicktock]

From CNBX's Amended Annual Report (10-k/a)

Risks Related to Our Company and Business

"Our independent auditors have expressed substantial doubt about our ability to continue operating as a going concern, which could prevent us from obtaining new financing on reasonable terms or at all.

Our independent registered public accountants have expressed substantial doubt about our ability to continue as a going concern. This opinion could materially limit our ability to raise additional funds by issuing new debt or equity securities or otherwise. If we fail to raise sufficient capital when needed, we will not be able to complete our proposed business. As a result we may have to liquidate our business and investors may lose their investments. Our ability to continue as a going concern is dependent upon our ability to successfully accomplish our plan of operations described in this prospectus, obtain financing and eventually attain profitable operations. Investors should consider our independent registered public accountant’s comments when deciding whether to invest in the Company."

Add to that, this company has a weak balance sheet.

Glad I got out when I did.

Read the other risk factors from the "Amended" 10-k/a by clicking the link below or it's up above in the links section just below the stock quote box.

http://ih.advfn.com/p.php?pid=nmona&article=74102345

CNBX