InvestorsHub Logo
Followers 1
Posts 142
Boards Moderated 0
Alias Born 06/10/2009

Re: pipedreamz76 post# 13064

Tuesday, 03/15/2011 10:50:21 PM

Tuesday, March 15, 2011 10:50:21 PM

Post# of 60144
Management usually gives the auditors guarantees about future funding of the company ( I know what I am talking about, being myself an auditor...) and it rarely ends up with a going concern flag.

It does not seem the case here. I would start worrying about it.

Also, look at the dilution over the last 4 months. Since the company has not sufficient funding, it will issue new shares each time it needs in exchange of services, rather than paying cash....Sugo is not ready to take off yet.