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Re: None

Thursday, 06/22/2017 11:52:25 AM

Thursday, June 22, 2017 11:52:25 AM

Post# of 37236
All of the info being posted about Northup Grumman is old. It was confirmed about a year and a half ago that the JV agreement expired and they are no longer involved. The Deployable Gasification Unit was never developed past the prototype stage.

CRQE 10Q - Effective Date: 9/30/2015 Post Date: 1/6/2016

http://quote.morningstar.com/stock-filing/Quarterly-Report/2015/9/30/t.aspx?t=PINX:CRQE&ft=10-Q&d=a1024127e521d00c6f5baa9136be88e9

Note 4 – Going Concern

Our continuation as a going concern is dependent upon obtaining additional working capital to sustain our current status. As shown in the accompanying financial statements, the Company had an accumulated deficit of $17,512,324 at September 30, 2015. The Company is insolvent. The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts of and classification of liabilities that might be necessary in the event the Company cannot continue in existence.


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