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Re: Kev2128 post# 1190

Thursday, 11/15/2012 10:40:57 AM

Thursday, November 15, 2012 10:40:57 AM

Post# of 1381
this is from the auditors, dated Oct 15 2012, and in the latest 10-K:

"Our Auditors have issued an opinion expressing uncertainty regarding our ability to continue as a going concern. If we are not able to continue operations, investors could lose their entire investment in our Company.



We have a history of operating losses, and may continue to incur operating losses for the foreseeable future. This raises substantial doubts about our ability to continue as a going concern. Our auditors issued an opinion in their audit report dated October 15, 2012 expressing uncertainty about our ability to continue as a going concern. This means that there is substantial doubt whether we can continue as an ongoing business without additional financing and/or generating profits from our operations. If we are unable to continue as a going concern and our Company fails, investors in our Company could lose their entire investment"

I'd say that's enough right there to scare away a good amount of individuals that had bought up this company.

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