(Total Views: 111)
Posted On: 05/04/2022 12:56:32 PM
Post# of 13818
Re: ThreeEmInEn #1523
Gee I am no accountant but it sure looks like the company is in better share than it was in 2020
2020 10K
Going Concern
The Company has an accumulated deficit of approximately $9.4 million and a working capital deficit of approximately $4.0 million as of December 31, 2020. The Company’s continuation as a going concern is dependent on its ability to generate sufficient cash flows from operations to meet its obligations, which it has not been able to accomplish to date, and/or obtain additional financing from its stockholders and/or other third parties.
1.6 million decrease in accumulated deficit
1.1 million decrease in working capital deficit
Thanks for pointing that out.
2020 10K
Going Concern
The Company has an accumulated deficit of approximately $9.4 million and a working capital deficit of approximately $4.0 million as of December 31, 2020. The Company’s continuation as a going concern is dependent on its ability to generate sufficient cash flows from operations to meet its obligations, which it has not been able to accomplish to date, and/or obtain additional financing from its stockholders and/or other third parties.
Quote:
2021 10K
Going Concern
The Company has an accumulated deficit of approximately $7.8 million and a working capital deficit of approximately $2.9 million as of December 31, 2021. The Company’s continuation as a going concern is dependent on its ability to generate sufficient cash flows from operations to meet its obligations, which it has not been able to accomplish to date, and/or obtain additional financing from its stockholders and/or other third partie
1.6 million decrease in accumulated deficit
1.1 million decrease in working capital deficit
Thanks for pointing that out.
(0)
(0)
