ExeLED Holdings Inc. (fka ELED)

[jsmoov]

Fact..ELED is a failing business that is not profitable..they have outstanding judgments and owe so many debts that no one is going to provide them additional funding. Bankruptcy is soon to come.. read their statement from financial report.

"Failure to obtain the financing necessary will have a significant negative impact on our Company and our ability to remain in business. We have identified multiple potential funding sources and have diligently pursued receiving financing from these sources for varying lengths of time. Management believes that these efforts will be coming to a conclusion in the near future and will either result in significant funding for us or in no funding at all. There are no assurances that these pursuits will be successful and, if none of them are successful, we will not have the financial resources to continue operations and may require relief from bankruptcy court."