Capital Group Holdings, Inc (CGHC)

[mo4me]

Thanks for the pump, but NO THANKS!
Read the financials:


4. Going Concern

While the Company now has revenues, and substantial assets, it continues to operate at an overall loss and is currently seeking various funding sources to replenish its line of credit, and to fund additional initiatives that the Company believes will generate additional revenue and income. The Company is seeking capital in the form of a mixture of longer-term debt and/or equity and while the Company is confident that in the near term these new sources of capital will be secured, there is no assurance that the Company will be successful in its efforts. Consequently, while it may be able to continue to effectively operate its urgent care subsidiary; its ability to continue other operations at the same level or pursue its other initiatives is in doubt. The Auditor’s opinion for the fiscal year ended June 30, 2012 contained a reference to this uncertainty.