FLA. From that NT/10-Q 3) Is it anticipated tha
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Posted On: 05/16/2014 9:47:39 AM
FLA. From that NT/10-Q
3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? x Yes o No
If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.
The Company anticipates the loss for the three month period ended March 31, 2014 to be approximately $800,000 versus $516,768 for the same period in 2013. This increase is primarily due to an increase in expense from derivative liabilities and related interest.
3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? x Yes o No
If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.
The Company anticipates the loss for the three month period ended March 31, 2014 to be approximately $800,000 versus $516,768 for the same period in 2013. This increase is primarily due to an increase in expense from derivative liabilities and related interest.
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