How in the world you loose Soo much And why we
Post# of 82672
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Posted On: 08/22/2021 10:22:49 PM
How in the world you loose Soo much
And why we still own $3m
After stating
All debts paid
Wow
The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the settlement of liabilities and commitments in the normal course of business. As reflected in the accompanying financial statements, for the six months ended June 30, 2021, the Company incurred a net loss of $14,989,000 and used cash in operating activities of $1,271,000 and at June 30, 2021, the Company had a stockholders’ deficit of $12,428,000. Also, at June 30, 2021, the Company is in default on notes payable and convertible notes payable in the aggregate amount of $3,407,000. These factors, among others, raise substantial doubt about the Company’s ability to continue as a going concern within one year of the date that these financial statements are issued. In addition, the Company’s independent registered
And why we still own $3m
After stating
All debts paid
Wow
The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the settlement of liabilities and commitments in the normal course of business. As reflected in the accompanying financial statements, for the six months ended June 30, 2021, the Company incurred a net loss of $14,989,000 and used cash in operating activities of $1,271,000 and at June 30, 2021, the Company had a stockholders’ deficit of $12,428,000. Also, at June 30, 2021, the Company is in default on notes payable and convertible notes payable in the aggregate amount of $3,407,000. These factors, among others, raise substantial doubt about the Company’s ability to continue as a going concern within one year of the date that these financial statements are issued. In addition, the Company’s independent registered
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