TSX:CUS.DB.D - Post by User
Comment by
Khersonon Jun 30, 2016 8:51am
271 Views
Post# 25011549
RE:Independent Auditor's Report, 2015 AFS...
RE:Independent Auditor's Report, 2015 AFS...Kherson wrote: Emphasis of Matter:
These conditions, along with other matters as set forth in Note 2, indicate the existence of a material uncertainity that may cast significant doubt about Canexus Corporation's ability to continue as a going concern!
Note 2:
Management believes the potential exists for a covenant breach in 2016 which could result in the extendible revolving credit facility becoming due on demand!
You can read the complete Audited Annual Financial Statements on SEDAR as Canexus conveniently omitted the AFS on their website...
Kherson