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There is no relationship between this SCAM ticker and tigerlynk.
The Company’s consolidated financial statements are prepared using accounting principles
generally accepted in the United States of America applicable to a going concern, which
contemplates the realization of assets and liquidation of liabilities in the normal course of
business. The Company has experienced recurring losses from operations, has an accumulated
deficit of approximately $4,349,000 as of December 31, 2012 and has returned its rights, patents
and physical components of the Tiger-Lynk underwater manipulator system to the former owners
of HIRS. These factors, among others, raise substantial doubt as to its ability to continue as a
going concern.
In order to continue as a going concern, the Company needs to develop a reliable source of
revenues, and achieve a profitable level of operations. As of December 31, 2012, the Company
has been involved primarily with acquiring an exclusive license agreement on the Tiger-Lynk
technology and organizing and restructuring the Company to meet the needs of shareholders and
attract suitable financing.
To fund operations for the next twelve months, the Company projects a need for $2.3 million that
will have to be raised through debt or equity. The Company has already identified a
manufacturer with facilities designed and capable of producing the Tiger-Lynk AR120 and
providing worldwide warranty and service.
Accordingly, the consolidated financial statements are accounted for as if the Company is a going
concern and does not include any adjustments relating to the recoverability and classification of
recorded asset amounts or the amount and classification of liabilities or other adjustments that
might be necessary should be Company be unable to continue as a going concern.
This means that the ticker needs to DILUTE 23,000,000,000 SHARES TO MAINTAIN .0001
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