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longhaul4

08/13/15 8:25 PM

#62931 RE: lesgetrich #62928

But 10k doesn't state that..u just figured that out from looking at last 10q? Why such little revenue?
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Perfectson

08/13/15 8:48 PM

#62935 RE: lesgetrich #62928

VTCQ P&L not great, but not bad

OPEX still running too high, which we know is going to happen on MCIG's book

good indicator for poor results on MCIG
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Perfectson

08/13/15 8:57 PM

#62936 RE: lesgetrich #62928

VTCQ Bankruptcy or secondary offering by Dec 2015-


We had cash available of $70,516 as of April 30, 2015. Based on our revenues, cash on hand and current monthly burn rate, around $7,500, we believe that our operations are sufficient to fund operations through December 2015.



Our independent registered public accounting firm has expressed substantial doubt about our ability to continue as a going concern.

Our independent registered public accounting firm issued its report in connection with the audit of our financial statements which included an explanatory paragraph describing the existence of conditions that raise substantial doubt about our ability to continue as a going concern. If we are not able to continue as a going concern, it is likely that holders of our common stock will lose all of their investment. Our financial statements do not include any adjustments that might result from the outcome of this uncertainty.