NovAccess Global Inc (XSNX)

[EmptyBones]

LMAO Are traders that blind.. Company is flat broke..

Going Concern

The accompanying unaudited condensed financial statements have been prepared on a going concern basis of accounting, which contemplates continuity of operations, realization of assets and liabilities and commitments in the normal course of business. The accompanying unaudited condensed financial statements do not reflect any adjustments that might result if the Company is unable to continue as a going concern. During the nine months ended June 30, 2018, the Company did not generate significant revenue, incurred a net loss of $6,797,392, and used cash in operations of $54,468. As of June 30, 2018, the Company had a working capital deficiency of $7,382,701, and a shareholders’ deficit of $7,547,529. These factors among others raise substantial doubt about the Company’s ability to continue as a going concern.