10Q is out
There is no positive news in the 10Q. Nothing about a release of a Ploinks product. Only financial details which are pessimistic. Losses are growing, revenues decreasing.
"Net Loss Available to Common Stockholders. We had a net loss attributed to common stockholders of $2,407,242 and $458,357 for the three months ended September 30, 2016 and 2015, respectively. Net loss attributed to common stockholders was due to the factors discussed above.
We had a net loss attributed to common stockholders of $4,159,401 and $2,246,080 for the nine months ended September 30, 2016 and 2015, respectively. Net loss available to common stockholders was due to the factors discussed above."
"The carrying amounts of assets and liabilities presented in the consolidated financial statements do not purport to represent realizable or settlement values. As of September 30, 2016, we had negative working capital of approximately $19.6 million and defaulted on several of our debt obligations. These conditions raise substantial doubt about our ability to continue as a going concern."
