Nexteligent Holdings Inc (NXGT)

[elichen]

Quote: "on every Annual Statement on an OTC stock this same statement appears”. So, are you saying that even if the company actually had very high net income (like $ seven figures) and absolutely no debt, the current Quarterly Report would nevertheless state that:
“The company is experiencing continued operating losses and has a high debt obligation. These conditions raise substantial doubt about the Company's ability to continue as a going concern”?
Merely because it is an OTC stock??