ADM Endeavors Inc. (ADMQ)

[Thatguy3]

It also continued to say…


“Without a successful plan in place from management these conditions could negatively impact the Company’s ability to meets its financial obligations over the next year. In response, the Company has implemented a plan to alleviate such substantial concern as follows. During the year ended December 31, 2021, the Company had net income from continuing operations of $737,348, cash flow from operations of $498,545 and working capital of $527,697 (excluding the non-cash derivative liability). The Company plans to continue to generate additional revenue, improve cash flows from operations and seek additional funding through debt and equity offerings. As a result, following this plan substantial doubt about the Company’s ability to continue as a going concern is alleviated.”