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EmptyBones

07/21/20 6:59 PM

#3005 RE: banderas63 #3000

BLXX If people would learn to read the 10k reports they might learn something instead of listening to pumpers.. This company is in deep sht. This will be delisted per clue 8k and back to pink and trips in the coming months.. https://www.otcmarkets.com/filing/html?id=14273172&guid=yPfFUn10eYl7e3h

https://www.otcmarkets.com/filing/html?id=14272180&guid=gPfFUnazjcXB63h

Going Concern



Our consolidated financial statements have been prepared on a going concern basis, which implies we will continue to realize our assets and discharge our liabilities in the normal course of business. We have incurred a net loss of $12,858,000 and $11,615,101 for the years ended March 31, 2020 and March 31, 2019, respectively, and have incurred cumulative losses since inception of $35,327,528 as at March 31, 2020. These factors raise substantial doubt about the ability of our company to continue as a going concern. The continuation of our company as a going concern is dependent upon the continued financial support from our shareholders, the ability of our company to obtain the necessary debt and/or equity financing to continue operations. Our consolidated financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should we be unable to continue as a going concern. Management of our company has undertaken steps as part of a plan to sustain operations for the next fiscal year, including plans to raise additional equity financing, control costs and reduce operating losses.