Wednesday, February 18, 2004 8:48:13 PM
NOT BECOME PROFITABLE.
We have incurred substantial operating losses and have limited financial resources at our disposal. We have substantial current and long-term obligations that we will not be able to satisfy without additional debt and/or equity capital and ultimately generating profits and cash flows from our e-Learning and Web conferencing operations. If we are unable to achieve profitability in the near future, we will face increasing demands for capital and liquidity. We may not be successful in raising additional debt or equity capital and may not become profitable in the short term. As a result, we may not have sufficient financial resources to satisfy our obligations as they come due in the short term.
Recent ILC News
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- Canadian Investment Regulatory Organization Trade Resumption - ILC • PR Newswire (Canada) • 02/20/2024 03:52:00 PM
- Suspension de la négociation par l'Organisme canadien de réglementation des investissements - ILC • PR Newswire (Canada) • 02/20/2024 02:57:00 PM
- Canadian Investment Regulatory Organization Trading Halt - ILC • PR Newswire (Canada) • 02/20/2024 02:54:00 PM
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- L'Organisme canadien de réglementation des investissements permet la reprise de la négociation - ILC • PR Newswire (Canada) • 12/04/2023 09:52:00 PM
- Canadian Investment Regulatory Organization Trade Resumption - ILC • PR Newswire (Canada) • 12/04/2023 09:49:00 PM
- Suspension de la négociation par l'Organisme canadien de réglementation des investissements - ILC • PR Newswire (Canada) • 12/04/2023 08:42:00 PM
- Canadian Investment Regulatory Organization Trading Halt - ILC • PR Newswire (Canada) • 12/04/2023 08:39:00 PM
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