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Tuesday, August 25, 2020 1:10:00 PM
(disclaimer: this Q was not filed with the SEC, but filed as an unaudited disclosure with OTCMarkets.com)
https://backend.otcmarkets.com/otcapi/company/financial-report/211454/content
The accompanying financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and the liquidation of liabilities in the normal course of business. The Company intends to fund operations through equity financing arrangements, which may be insufficient to fund its capital expenditures, working capital and other cash requirements for the quarter...
In response to these problems, management intends to raise additional funds through public or private placement offerings.
These factors, among others, raise substantial doubt about the Company’s ability to continue as a going concern. The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty.
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