Saturday, November 13, 2021 8:14:47 AM
CCYC is living on a shoestring, in need of a buyout or merger to continue operating.
"Although Beijing Clancy started business operation and had generated revenue for the YEAR ended July 31, 2021, the Company incurred loss, an accumulated deficit and experienced negative cash flow from operations. These conditions raise substantial doubt about the Company’s ability to continue as a going concern."
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