Americann Inc (ACAN)

[1of3]

YA what's this say to you??


Our auditors have expressed doubt as to our ability to continue in business . The accompanying financial statements have been prepared assuming the Company will continue as a going concern, which contemplates, among other things, the realization of assets and satisfaction of liabilities in the normal course of business. We had an accumulated deficit of $8,676,825 and $5,904,931 at September 30, 2017 and 2016, respectively, and had net losses of $2,771,894 and $2,210,764 for the years ended September 30, 2017 and 2016, respectively. These matters, among others, raise substantial doubt about the Company’s ability to continue as a going concern. While the Company is attempting to increase operations and generate additional revenues, the Company's cash position may not be significant enough to support the Company's daily operations.

THERE AUDITORS SAY THERE DONE!!

Dont let the stock price game they did with 10k shares trade to pump up the price fool you