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Thursday, October 22, 2009 12:35:45 AM
BONZ.....
Yea......
http://www.facebook.com/note.php?note_id=174682971368
http://blog.qualitystocks.net/?p=18036
Don't miss that Q$ disclaimer!
Don't miss the BONZ 10-Q!
NOTE 2 - GOING CONCERN ISSUES
The accompanying financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America which contemplate continuation of the Company as a going concern. However, the Company has period end losses from operations in September 16, 2008. The Company has net losses for the period from inception (March 6, 2008) to September 16, 2008 of $152,321. Further, the Company has inadequate working capital to maintain or develop its operations, and is dependent upon funds from private investors and the support of certain stockholders.
These factors raise substantial doubt about the ability of the Company to continue as a going concern. The financial statements do not include any adjustments that might result from the outcome of these uncertainties. In this regard, Management is planning to raise any necessary additional funds through loans and additional sales of its common stock. There is no assurance that the Company will be successful in raising additional capital.
The Company's ability to meet its obligations and continue as a going concern is dependent upon its ability to obtain additional financing, achievement of profitable operations and/or the discovery, exploration, development and sale of mining reserves. The Company cannot reasonably be expected to earn revenue in the exploration stage of operations. Although the Company plans to pursue additional financing, there can be no assurance that the Company will be able to secure financing when needed or to obtain such financing on terms satisfactory to the Company, if at all.
http://www.sec.gov/Archives/edgar/data/1439264/000111650209001425/bonan10k.htm
Yea......
http://www.facebook.com/note.php?note_id=174682971368
http://blog.qualitystocks.net/?p=18036
Don't miss that Q$ disclaimer!
Don't miss the BONZ 10-Q!
NOTE 2 - GOING CONCERN ISSUES
The accompanying financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America which contemplate continuation of the Company as a going concern. However, the Company has period end losses from operations in September 16, 2008. The Company has net losses for the period from inception (March 6, 2008) to September 16, 2008 of $152,321. Further, the Company has inadequate working capital to maintain or develop its operations, and is dependent upon funds from private investors and the support of certain stockholders.
These factors raise substantial doubt about the ability of the Company to continue as a going concern. The financial statements do not include any adjustments that might result from the outcome of these uncertainties. In this regard, Management is planning to raise any necessary additional funds through loans and additional sales of its common stock. There is no assurance that the Company will be successful in raising additional capital.
The Company's ability to meet its obligations and continue as a going concern is dependent upon its ability to obtain additional financing, achievement of profitable operations and/or the discovery, exploration, development and sale of mining reserves. The Company cannot reasonably be expected to earn revenue in the exploration stage of operations. Although the Company plans to pursue additional financing, there can be no assurance that the Company will be able to secure financing when needed or to obtain such financing on terms satisfactory to the Company, if at all.
http://www.sec.gov/Archives/edgar/data/1439264/000111650209001425/bonan10k.htm
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