Replies to post #17515 on Vystar Corp (VYST)

[pepeoil]

Cash flows from operating activities:








Net loss

$
(3,320,275
)

$
(872,714
)

[pepeoil]

oh my, look at this one.

""""The Company's financial statements are prepared using the accrual method of accounting in accordance with GAAP and have been prepared on a going concern basis, which contemplates the realization of assets and the settlement of liabilities in the normal course of business. However, the Company has incurred significant losses and experienced negative cash flow from operations since its inception. At September 30, 2018, the Company had cash of $191,000 and a deficit in working capital of approximately $986,000. Further, at September 30, 2018, the accumulated deficit amounted to approximately $31 million. As a result of the Company's history of losses and financial condition, there is substantial doubt about the ability of the Company to continue as a going concern.