Replies to post #65300 on SoOum Corp. (fka SOUM)

[UpWeGoFoSho]

This says it all from the 8-K:

"Going Concern

The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and the liquidation of liabilities in the normal course of business. We incurred a net loss of and used cash in operations for the three months ended December 31, 2016 and had an accumulated deficit of approximately $ 21,000,000 as of December 31, 2016. We have managed our liquidity during the first, second and third quarters of 2016 through revenues and issuance of notes. These factors raise substantial doubt about the Company's ability to continue as a going concern. The consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty."