RE:RE:The Rising Star in the Manganese Battery Space What good work?
From the latest financials, posted on SEDAR on June 29, 2015, is this statement:
"The Company has not yet realized profitable operations, has relied on non-operational sources of financing to fund operations, has accumulated deficit of $18,613,109 and has working capital deficiency of $1,160,122 as at April 30, 2015. These conditions may cast doubt on the validity of the going concern assumption. The Company’s ability to continue as a going concern is dependent on its ability to obtain the necessary financing and to ultimately generate profitable operations. The Company must secure additional financing to fund its
operations."