Newlead Holdings Ltd. (fka NEWLF)

[MorningLightMountain]

really???

As of December 31, 2013, our cash and cash equivalents were $2.3 million and current liabilities of $291.7 million were payable within the next twelve months.

The above conditions raise substantial doubt about our ability to continue as a going concern. The financial statements do not include any adjustments relating to the recoverability and classification of asset carrying amounts or the amount and classification of liabilities that might result should we are unable to continue as a going concern.

Amounts in $thousands

Total assets 151,331
Total current liabilities 291,701

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9978563