Replies to post #400 on Jayhawk Energy, Inc. (fka JYHW)

[CashCowMoo]

As shown in the accompanying consolidated financial statements, the Company has incurred annual operating losses since inception. As of December 31, 2012, the Company has limited financial resources with which to achieve the objectives and obtain profitability and positive cash flows. As shown in the accompanying balance sheets and statements of operations, the Company has an accumulated deficit of $22,755,713 and net income of $7,329 for the three months ended December 31, 2012, and as of that date the Company's current liabilities exceeded its current assets by $2,245,247.



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