Synodon Inc SYXXF

Accountants have "Going Concern" on company.

[mountainpose]

( Personally I do not know how they are going to do this). These consolidated financial statements have been prepared on a going concern basis which contemplates the realization of assets and discharge of liabilities in the normal course of business for the foreseeable future. The Company has incurred significant losses since incorporation and as at January 31, 2014, the Company has an accumulated deficit of $17,302,337 (October 31, 2013 - $16,618,836). The Company's ability to continue as a going concern is dependent upon achieving profitable operations and the ability to obtain additional debt or equity financing. The outcome of these matters cannot be predicted at this time. These consolidated financial statements do not reflect the adjustments, of which some could be material, to the carrying values of assets and liabilities and the reported expenses and consolidated statements of financial position classifications that would be necessary if the going concern assumption were to be determined to be inappropriate.

[CHINVESTMENST]

I've done my own financial analysis and yes the financials arn't the best when your typical accountant looks over them. However I'm not invested into Syndon for the short term run. This is a long term play as I believe Revenues will be huge in Q4 as they have been outstanding throughout the year already. They're draining cash but there's always financing options to obtain more.

[RedSox]

This is not news.  Synodon is a new start up company in the process of acquiring business so of course they are going to have debt and of course that standard term "Going Concern" is going to be applied to them because they have not yet begun operating in the green.  What is important to note is that they have had steady revenue increases since they began operating.  The