Endonovo Therapeutics Inc (ENDV)

[BlackDoggie]

I understand what you’re saying... but these disclosures and their gloomy language are required legal speak. Very common.

What’s not common is the clause about commercialization and sales reducing the required burden of raising debt and/or equity. That’s a major - and positive - departure from the language of most going concern disclosures. Most of them simply say something along the lines of “additional capital raises are required in order to continue operations, and there is no guarantee that the company will be able to raise funds, or raise funds at an acceptable cost...”.

Also, the liability structure is not alarming. You’d always like to have more assets than liabilities, sure. And the ability to easily pay down liabilities from free cash flow is fantastic... but ENDV isn’t AAPL. The debt overhang is just par for the course here. I can point you to many companies who have similar game changing potential, but who are absolutely crippled by their liability structure. Hint: I’m not making money in any of those right now.

This isn’t to say that there’s no risk here or anything like that, just saying that I wouldn’t get too worked up about the going concern disclosure. As always though, your mileage may vary.