Half, did you find it interesting that the company does not have the money for trials or to last longer than another year with the money from the offering?
There is already over 166 million shares outstanding. You ready for more dilution?
The Company
does not have sufficient cash nor does it have an established source of
revenue to cover its ongoing costs of operations for the next twelve months.
Management plans to obtain additional funds through the sale of its
securities. However there is no assurance of additional funding being
available. As at June 30, 2010, the Company has working capital of $1,692,126
and has accumulated losses of $21,933,063 since the inception of the
development stage. These factors raise substantial doubt about the Company's
ability to continue as a going concern. These financial statements do not
include any adjustments that might result from the outcome of this
uncertainty.
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