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speed_of_light

12/21/18 3:18 PM

#54590 RE: Foose #54588

Foose-that's100%false.The "going-concern" opinion DOES-NOT-STATEthat "they can't operate for the next 12 months." but rather highlights the "substantial doubt" surrounding the viability of the biz over the next year.

while "substantial doubt" is a grave concern, it's not the same as they can't make it over the next 12 months.

why do the "moderators" in this forum either tolerate blatantly false info 2be posted...or, in this case, actually do it himself?

Auditor's "going concern": "These conditions raise substantial doubt about the Company's ability to continue as a going concern."

Note A: "These factors raise substantial doubt about the Company’s ability to continue as a going concern for one year from the issuance of the financial statements."