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Re: Irons3 post# 11833

Tuesday, 04/12/2011 11:37:21 AM

Tuesday, April 12, 2011 11:37:21 AM

Post# of 52916
Boilerplate?

Are you saying that it's standard "boilerplate" language in 10Ks for publicly trading companies to write:

"We do not now have funds sufficient to fund our operations at their current level for the next 12 months"


and

"The Company was incorporated under the laws of the State of Nevada on March 16, 1993. Since inception, we have experienced operating losses on an on-going basis."



I've noticed that many companies do not include this "boilerplate" language in their 10K's. Do you know why?

A casual stroll through the lunatic asylum shows that faith does not prove anything. Friedrich Nietzsche

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