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Posted On: 11/15/2022 3:30:51 PM
Post# of 6857
[/color]Can someone explain this
These consolidated financial statements have been prepared on a going concern basis which contemplates the realization of assets and
the satisfaction of liabilities in the normal course of business for the foreseeable future. As of September 30, 2022, and December 31,
2021, the Company has an accumulated deficit of $ 29,137,980 and $ 27,140,384 since inception, respectively. This raises substantial
doubt about the Company’s ability to continue as a going concern.
Quote:
it was highly anticipated...nothing shocking...with that said...the debt is paid...no note holders. any penny stock that has no debt is a def positive move.
These consolidated financial statements have been prepared on a going concern basis which contemplates the realization of assets and
the satisfaction of liabilities in the normal course of business for the foreseeable future. As of September 30, 2022, and December 31,
2021, the Company has an accumulated deficit of $ 29,137,980 and $ 27,140,384 since inception, respectively. This raises substantial
doubt about the Company’s ability to continue as a going concern.
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