Not one that usually involes the ACTUAL NUMBERS from the balance sheet; it is normally a blanket statement, this one, from RBSM (current auditor) stated the EXACT numbers and REASONS for THEIR concern. This should shake current holders to the core:
[quote]The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 2 to the consolidated financial statements, the Company has sustained net losses from continuing operations of $7,196,469 for the year ended December 31, 2013 and has a working capital deficit of $3,253,407 and a stockholder’s deficit of $2,796,147. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. Management’s plans in regards to these matters are also described in Note 2. The consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.
/s/ RBSM LLP
RBSM LLP
April 15, 2014
New York, NY
[/quote]
Good Luck!
Dr H
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