Cono Italiano, Inc. (fka CNOZ)

[samsamsamiam]

those o/s numbers were as of June. With a gagged T/A you have no idea what is out there.
The stock is barely trading - so even if more were issued at this point they still need to be sold. Watch for a flurry of press releases and the volume spike - than you will know. It's the cost of doing business. Gotta get financing and services and gotta give shares in exchange.

http://www.sec.gov/Archives/edgar/data/1307701/000114420412045848/v321355_10q.htm

Note G - Going Concern





The Company’s financial statements have been presented on the basis that it is a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company has reported recurring losses from operations. As a result, there is an accumulated deficit of $2,585,533 at June 30, 2012.



. The Company’s continued existence is dependent upon its ability to raise capital. The financial statements do not include any adjustments that might be necessary should the Company be unable to continue as a going concern