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Re: Swizzer13 post# 140

Thursday, 11/15/2007 8:41:15 AM

Thursday, November 15, 2007 8:41:15 AM

Post# of 2849
Absolutely.

"...º Our auditors have issued a going concern opinion. Therefore we may not be able to achieve our objectives and may have to suspend or cease operations;

º Because we have historically incurred losses and these losses may increase in the future, we must begin generating a profit from our operations. If we do not begin generating a profit we may have to suspend or cease operations;

º We have experienced a history of losses and expect to incur future losses. Therefore, we must continue to raise money from investors to fund our operations. If we are unable to fund our operations, we will cease doing business..."

In three months time they have eaten up 50% of their assets.
Something spectacular must come out of the discussions with the different interested parties, otherwise it will be GAME OVER !


Panta Rhei...
Also this will pass...

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