Inergetics Inc (fka NRTI)

[Capt_Smith77]

The SEC filings are the only FACTS that truly matter with NRTI.

They paint a grim picture of Inergetics' (NRTI) past, present, and future outlook.

As of the last quarter, they're nearly out of cash (15K), you're starting to see some dilution to the shareholders that will likely accelerate if they don't start making $$$$ and very soon, the royalties to Martha & Co aren't being paid, and the revenues figures quarter over quarter were sobering at best, despite additional distribution channels being added.

On top of all of that, I'd like to add to anyone that's new to NRTI, that the company still has an authorized share count of TWO BILLION shares, meaning they could potentially dilute shareholders until they have nothing left.

2 . GOING CONCERN AND LIQUIDITY ISSUES

The Company’s future success is dependent upon its ability to achieve profitable operations and generate cash from operating activities, and upon additional financing. Management believes they can raise the appropriate funds needed to support their business plan and develop an operating company which is cash flow positive.

However, the Company has a working capital deficit, significant debt outstanding, incurred substantial net losses for the six months ended June 30, 2014 and 2013 and has accumulated a deficit of approximately $91 million at June 30, 2014. The Company has not been able to generate sufficient cash from operating activities to fund its ongoing operations. There is no guarantee that the Company will be able to generate enough revenue and/or raise capital to support its operations. These factors raise substantial doubt about the Company’s ability to continue as a going concern.

The condensed consolidated financial statements do not include any adjustments relating to the recoverability or classification of recorded assets and liabilities that might result should the Company be unable to continue as a going concern.