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Re: SpaDe post# 27713

Thursday, 05/17/2012 6:34:31 PM

Thursday, May 17, 2012 6:34:31 PM

Post# of 74729
There are several parts of the 10K that disturb me, I just dont want to harp on them, I want to see if the price starts heading North, as there is lots of ground to make up since ASYIE almost hit 2 cents! and I was one of the suckers that bought the TOPfrown

At December 31, 2011, the Company’s deficit accumulated during the development stage was approximately $71,962,476 and the Company had utilized cash in operating activities of $29,199,495. The Company has funded these losses and cash flows through the sale of equity securities, the issuance of debt and from credit granted by vendors. The Company is also in arrears to certain creditors and in default under certain agreements which may have a material adverse effect on operations.



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