PINL:GRPOF - Post by User
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DONOOWon Jul 25, 2021 10:29am
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financial risk at TBP MD RECENT RELEASE
financial risk at TBP MD RECENT RELEASEFinancial Risks The Company is in the research and development stage, has operated and is expected to operate at a loss until one of its lines of business becomes established and therefore will require additional financing in order to complete its research and development and to fund its ongoing and future operations. The failure to raise such capital could result in the delay or indefinite postponement of current business objectives or the Company going out of business. The Company’s ability to secure any required financing to sustain its operations will depend in part upon prevailing capital market conditions, as well as the Company's business success. There can be no assurance that the Company will be successful in its efforts to secure any additional financing or additional financing on terms satisfactory to the Company's management
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