Sunday, December 08, 2013 11:30:41 PM
Amazing investment! If AlverWest is still around bank on dillution but I can't imagne who would give them a nickle...
Hope they can pump this so we can short it. Everytime they touch a public compnay a pump and dump is sure to follow.
This new CEO best get these fleas off his back if he intends to be a real Co
From SEC filings:
The Company plans to continue to raise funds through the sales of common stock and to obtain credit from vendors for the purchase of inventory. The Company has a bank balance of $1,815 at September 30, 2013. The Company had a negative working capital ratio as follows:
Total current assets $ 64,005
Total current liabilities 518,776
Negative working capital $ (454,771 )
Management believes that the actions presently being taken and the success of future operations will be sufficient to enable the Company to continue as a going concern.
However, there can be no assurance that the raising of equity will be successful. Failure to achieve the needed equity funding could have a material adverse effect on the Company’s ability to continue as a going concern. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.
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