Metrospaces Inc (MSPC)

[Level2bull]

The Company has generated minimal revenues, has an accumulated deficit of $14,238,658, and stockholders’ deficit of $7,628,426, as of December 31, 2015. The continuation of the Company as a going concern is dependent upon, among other things, continued financial support from its stockholders and the attainment of profitable operations. These factors, among others, raise substantial doubt regarding the Company’s ability to continue as a going concern. There is no assurance that the Company will be able to generate revenues in the future. These financial statements do not give any effect to any adjustments that would be necessary should the Company be unable to continue as a going concern.