GREY:QSLRF - Post by User
Comment by
mercurysmithon Feb 21, 2015 3:07am
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Post# 23450686
RE:QSolar needs financing to continue as going concern
RE:QSolar needs financing to continue as going concernThat pretty well sums it up:
QSolar has been, and continues to be, in various stages of discussions with a number of parties for potential equity financing. Discussions have not yet provided a definitive commitment(s).
The ability of the Corporation to continue as a going-concern and discharge its liabilities depends upon its ability to raise additional funding to finance its manufacturing facilities in China, provide operating working capital, obtain expansion capital and ultimately generate future profitable operations.
The Corporation will continue to issue news releases as material information becomes known.
https://cnsx.ca/cmsAssets/docs/Filings/2015/2015_02_20_16_11_19_QSL_QSOLAR_PROVIDES_CORPORATE_UPDATE.pdf