Pacific Gold Corp fka PCFG

[CashPirate]

After reading thru all of the messages for the day, nobody mentioned this part of the 10-Q. Am I the only one who finds this strange/odd?

NOTE 10 – GOING CONCERN


The Company’s financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. As of September 30, 2011, the Company had an accumulated deficit of ($26,529,372) negative working capital of ($1,400,755) and negative cash flows from operations of ($670,800) raising substantial doubt about its ability to continue as a going concern. During the quarter ended September 30, 2011, the Company financed its operations through issuance of debt.