Replies to post #15595 on NUGL, Inc. (NUGL)

[WhaleEye]

I agree inside audit. How is this over $1 beats the hell out of me. Am I missing something here?

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The accompanying unaudited condensed consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business.

As shown in the accompanying unaudited condensed consolidated financial statements. In addition, the Company is in a development stage, has yet commercialized its planned business and has not generated any
revenues since inception. These factors among others may indicate that the Company will be unable to continue as a going concern for a reasonable period of time.