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Re: -XXXsir90 post# 31079

Friday, 06/03/2016 7:10:01 AM

Friday, June 03, 2016 7:10:01 AM

Post# of 33904
Good idea...I did some DD and this is what I found:

05/20/2016 4:08PM Edgar (US Regulatory) Notification That Quarterly Report Will Be Submitted Late (ntn 10q)


03/31/2016 12:10PM Edgar (US Regulatory) Notification That Annual Report Will Be Submitted Late (nt 10-k)


08/17/2015 3:33PM Edgar (US Regulatory) Notification That Quarterly Report Will Be Submitted Late (nt 10-q)


05/18/2015 4:39PM Edgar (US Regulatory) Notification That Quarterly Report Will Be Submitted Late (nt 10-q)


03/31/2015 10:31AM Edgar (US Regulatory) Notification That Annual Report Will Be Submitted Late (nt 10-k)


11/17/2014 10:19AM Edgar (US Regulatory) Notification That Quarterly Report Will Be Submitted Late (nt 10-q)


08/15/2014 6:09AM Edgar (US Regulatory) Notification That Quarterly Report Will Be Submitted Late (nt 10-q)


05/15/2014 4:31PM Edgar (US Regulatory) Notification That Quarterly Report Will Be Submitted Late (nt 10-q)



There were some appropriate statements in the last available, actually filed, report from two years ago:

As shown in the accompanying financial statements, we incurred a net operating loss in the years ended December 31, 2012, 2011, 2010, 2009 and 2008, and have minimum revenues at this time. These factors create an uncertainty about our ability to continue as a going concern.



The Company has incurred a net loss of $4,072,286 and $6,767,737 for the years ended December 31, 2012 and 2011, respectively. The Company has incurred significant losses and has an accumulated deficit of $31,331,949 at December 31, 2012. These factors raised substantial doubt about the Company’s ability to continue as a going concern.

There can be no assurance that sufficient funds will be generated during the next twelve months or thereafter from the Company’s current operations, or those funds will be available from external sources such as debt or equity financings or other potential sources. The lack of additional capital could force the Company to curtail or cease operations and would, therefore, have a material adverse effect on its business.



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