InvestorsHub Logo

waterchaser

12/06/22 11:15 AM

#29473 RE: skyhawk66 #29472

CANB LOSS FOR 9 mos 2022 $12,024,759.
(that’s 12 MILLION DOLLARS)

https://www.otcmarkets.com/filing/conv_pdf?id=16214672&guid=AfG-keOlfywfJth

The consolidated financial statements have been prepared on a “going concern” basis, which contemplates the realization of assets and liquidation of liabilities in a normal course of business. As of September 30, 2022, the Company had cash and cash equivalents of $34,471 and negative working capital of $2,205,209. For the nine months ended September 30, 2022 and 2021, the Company had incurred losses of $12,024,759 and $8,152,487, respectively. These factors raise substantial doubt as to the Company’s ability to continue as a going concern.

Bearish
Bearish