News 
Market Data 
Discover
Replies to post #37246 on FastFunds Financial Corp (fka FFFC)
04/07/15 5:49 PM
04/07/15 5:57 PM
Certificate of Change filed Pursuant to NRS 78.209
For Nevada Profit Corporations
1. Name of corporation:
FastFunds Financial Corporation
2. The board of directors have adopted a resolution pursuant to NRS 78.209 and have obtained any required approval of the stockholders.
3. The current number of authorized shares and the par value, if any, of each class or series, if any, of shares before the change:
9,000,000,000 shares $0.001 par value Common Stock
6,000,000 shares $0.001 par value Preferred Stock
4. The number of authorized shares and the par value, if any, of each class or series, if any, of shares after the change:
9,000,000,000 shares $0.001 par value Common Stock
6,000,000 shares $0.001 par value Preferred Stock
5. The number of shares of each affected class or series, if any, to be issued after the change in exchange for each issued share of the same class or series:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10447530
HUGE DEBT:
Going concern and management’s plans:
In the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2013, the Report of the Independent Registered Public Accounting Firm includes an explanatory paragraph that describes substantial doubt about the Company’s ability to continue as a going concern. The Company’s interim financial statements for the three and nine months ended September 30, 2014 and 2013 have been prepared on a going concern basis, which contemplates the realization of assets and the settlement of liabilities and commitments in the normal course of business.
The Company reported a net loss of $1,887,284 for the nine months ended September 30, 2014, and has a working capital deficit of $10,461,422 and an accumulated deficit of $26,483,749 as of September 30, 2014. Moreover, the Company presently has no significant ongoing business operations or sources of revenue and has little resources with which to obtain or develop new operations.
These factors raise substantial doubt about the Company’s ability to continue as a going concern. The financial statements do not contain any adjustments relating to the recoverability and classification of assets or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10317170
