InvestorsHub Logo
Followers 95
Posts 11597
Boards Moderated 0
Alias Born 12/27/2011

Re: jgrahamM3 post# 5577

Thursday, 02/20/2014 6:34:42 PM

Thursday, February 20, 2014 6:34:42 PM

Post# of 32302
The part about "the company may not be able to continue as a going concern" is standard language required by the SEC for a company that has not yet made a profit. You'll see it on a lot of SEC reports.

What concerns me more is that they are selling convertible debt, even as late as as this past week. If they need to raise money, why not simply sell shares in a public offering?

This board's been pretty quiet lately.

Les

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.