IDO Security, Inc. (fka IDOI)

[Isitreal]

IDOI SUBPENNY SOON?

SURE LOOKS THAT WAY.

WOW COMPANY MAY FOLD. THIS IS TERRIBLE!

The accompanying consolidated financial statements have been prepared assuming the Company will continue as a going concern. At June 30, 2012, the Company had not achieved profitable operations, had accumulated losses of $44.7 million (since inception), a working capital deficiency of $17.8 million and expects to incur further losses in the development of its business. These conditions raise substantial doubt about the Company’s ability to continue as a going concern.

ALL IN MY OPINION.