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RMD1

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Re: Arthur post# 58809

Monday, 10/14/2013 2:06:51 PM

Monday, October 14, 2013 2:06:51 PM

Post# of 183556
They are right Arthur. Going Concern has been part of their reporting for years. I sell tax and accounting software for a living. If they did not report a Going Concern, they would not be GAAP compliant. Some pinks do not report this because they have no plans on ever being listed on an exchange. By doing this type of reporting, the SEC will not give them any problems as they are complying with Reg SX and Reg SK on all their Q's. I would be more worried if they DIDN'T report a Going Concern when releasing their numbers
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