MineralRite Corp (RITE)

[MACH2]

I been gone awhile....did I miss anything let's see last sale .04 touched a six month low but pulled back....good, good. But 10QSB frightning....especially the boiler plate!

"Several conditions and events cast doubt about the Company's ability to continue as a "going concern". The Company has incurred net losses of approximately $3,000,000 for the period from August 23, 2002 (inception of development stage) to June 30, 2006, has a liquidity problem, and as of June 30, 2006 has no source of revenue. In the interim, shareholders of the Company have committed to meeting any shortfall of operational cash flow. In addition the company may require increasing equity and debt financing in order to finance its business activities on an ongoing basis"...