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Replies to post #22241 on Stevia Corp (STEV)
altruism
09/12/17 8:40 AM
#22242 RE: altruism #22241
We have incurred significant losses and our auditors have expressed uncertainty about our ability to continue as a going concern. Our auditors have expressed uncertainty as to our ability to continue as a going concern as of our fiscal year ended March 31, 2014. As of March 31, 2014, we had an accumulated deficit of $13,597,941. We anticipate that our existing cash and cash equivalents will not be sufficient to fund our longer term business needs and we will need to generate additional revenue or receive additional investment in the Company to continue operations. Such financing may not be available in sufficient amounts, or on terms acceptable to us and may dilute existing stockholders.