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Monday, August 19, 2013 1:17:41 PM
of course you're gonna see eventual effects and price dilution
Ever hear of “Stay in the game, as long as you can milk it”?
http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=9465945
As of June 30, 2013, the Company had an accumulated deficit of $48,089,198. In addition, the Company provided cash by operations in the amount of $15,948 during the six months ended June 30, 2013, and used cash in operations in the amount of $531 during the six months ended June 30, 2012. The Company also had a negative working capital balance of $23,788,078 as of June 30, 2013, and $26,458,490 as of December 31, 2012. These conditions raise substantial doubt about the Company’s ability to continue as a going concern.
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