Risks Related to Our Business
Our registered public accounting firm has expressed substantial doubt about our ability to continue as a going concern.
In its report dated March 1, 2013, our independent registered public accounting firm, Baker Tilly Virchow Krause, LLP, stated that our financial statements for the fiscal year ended December 31, 2012, were prepared assuming that we would continue as a going concern. These financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should our company be unable to continue as a going concern. However, our auditor also expressed substantial doubt about our ability to continue as a going concern. Our ability to continue as a going concern is an issue raised as a result of losses suffered from operations. We do not currently have sufficient capital resources to fund operations beyond May 2013. We continue to experience operating losses. At present, we have no commitments for any additional financing. Because we have received an opinion from our auditor that substantial doubt exists as to whether our company can continue as a going concern, it may be more difficult for our company to attract investors, secure debt financing or bank loans, or a combination of the foregoing, on favorable terms, if at all. Our future depends upon our ability to obtain financing and upon future profitable operations. If we are unable to generate sufficient revenue, find financing, or adjust our operating expenses so as to maintain positive working capital, then we likely will be forced to cease operations and investors will likely lose their entire investment. We can give no assurance as to our ability to generate adequate revenue, raise sufficient capital, sufficiently reduce operating expenses or our ability to continue as a going concern.
be careful if you are long or intend to.
Recent CREX News
- Creative Realities Warms Up for a New Season Across NFL, NHL and NBA Venues • GlobeNewswire Inc. • 09/25/2024 01:00:00 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 09/04/2024 08:08:36 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 08/27/2024 08:11:47 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/27/2024 08:07:58 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2024 12:25:42 PM
- Creative Realities Reports Fiscal 2024 Second Quarter Results • GlobeNewswire Inc. • 08/14/2024 11:00:00 AM
- Creative Realities, Inc. Announces Second Quarter 2024 Earnings Release Date and Conference Call Information • GlobeNewswire Inc. • 08/07/2024 11:00:00 AM
- Creative Realities Elevates Game Day with Innovative Digital Signage in Sports & Entertainment Venues • GlobeNewswire Inc. • 08/06/2024 11:00:00 AM
- Creative Realities Expands to LATAM to Accelerate the Booming Digital Signage Market, starting in Mexico • GlobeNewswire Inc. • 07/30/2024 01:00:00 PM
- Creative Realities added to membership of Russell Microcap® Index • GlobeNewswire Inc. • 07/08/2024 11:00:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/14/2024 08:48:04 PM
- Creative Realities Appoints David Schultz as Vice President, New Business Development • GlobeNewswire Inc. • 06/10/2024 11:00:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/28/2024 02:14:31 PM
- Creative Realities Closes on New Revolving Credit Facility • GlobeNewswire Inc. • 05/28/2024 11:00:00 AM
- Creative Realities Inc. plans its expansion into EMEA and announces its beta launch to EMEA Integrators in 2024 • GlobeNewswire Inc. • 05/15/2024 11:00:00 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/10/2024 12:22:02 PM
- Creative Realities Reports Fiscal 2024 First Quarter Results • GlobeNewswire Inc. • 05/10/2024 12:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 12:19:58 PM
- Creative Realities to Restructure Debt Through Revolving Credit Facility • GlobeNewswire Inc. • 05/09/2024 12:00:00 PM
- Creative Realities, Inc. Announces First Quarter 2024 Earnings Release Date and Conference Call Information • GlobeNewswire Inc. • 05/03/2024 01:30:00 PM
- Creative Realities Reports Fiscal 2023 Fourth Quarter Results • GlobeNewswire Inc. • 03/21/2024 11:30:00 AM
- Creative Realities, Inc. Announces Year End 2023 Earnings Release Date and Conference Call Information • GlobeNewswire Inc. • 03/14/2024 01:00:00 PM
- UPDATE – Creative Realities Partners with Departure Media Airport Advertising to Enhance Traveler Experience at Cincinnati/Northern Kentucky International Airport (CVG) • GlobeNewswire Inc. • 03/13/2024 09:02:16 PM
- Creative Realities Partners with Departure Media Airport Advertising to Enhance Traveler Experience at Cincinnati/Northern Kentucky International Airport (CVG) • GlobeNewswire Inc. • 03/13/2024 01:00:00 PM
- Creative Realities and IceBox Retail Media Network Partner to Revolutionize In-Store Advertising • GlobeNewswire Inc. • 02/27/2024 02:30:00 PM
ZenaTech, Inc. (NASDAQ: ZENA) Launchs IQ Nano Drone for Commercial Indoor Use • HALO • Oct 10, 2024 8:09 AM
CBD Life Sciences Inc. (CBDL) Targets Alibaba as the Next Retail Giant for Wholesale Expansion of Top-Selling CBD Products • CBDL • Oct 10, 2024 8:00 AM
Foremost Lithium Announces Option Agreement with Denison on 10 Uranium Projects Spanning over 330,000 Acres in the Athabasca Basin, Saskatchewan • FAT • Oct 10, 2024 5:51 AM
Element79 Gold Corp. Reports Significant Progress in Community Relations and Development Efforts in Chachas, Peru • ELEM • Oct 9, 2024 10:30 AM
Unitronix Corp Launches Share Buyback Initiative • UTRX • Oct 9, 2024 9:10 AM
BASANITE INDUSTRIES, LLC RECEIVES U.S. PATENT FOR ITS BASAFLEX™ BASALT FIBER COMPOSITE REBAR AND METHOD OF MANUFACTURING • BASA • Oct 9, 2024 7:30 AM