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Seven Aces Limited - Ordinary Shares ACEXF

Seven Aces Ltd is a gaming company with a vision of building a diversified portfolio of gaming operations. The corporation looks to enhance shareholder value by growing organically and through acquisitions. Currently, the corporation is the route operator of skill-based gaming machines in the State of Georgia, United States of America.


GREY:ACEXF - Post by User

Post by TMAZZon Oct 23, 2016 7:39pm
83 Views
Post# 25376368

Where r you guys get your information from?

Where r you guys get your information from?
I have some concerns when I read the following from the financials that were released in July.

Please do enlighten us where your getting information on revenues stream .....

THE AUDITORS issued a warning of continued operations.

This companies is trading like it just won the lottery. 

Click below link and see page 3

https://www.sedar.com/GetFile.do?lang=EN&docClass=5&issuerNo=00008019&issuerType=03&projectNo=02508342&docId=3953089


Emphasis of Matter Without qualifying our opinion, we draw attention to Note 2(a) of the consolidated financial statements which indicates that the Corporation incurred significant operating losses, has a working capital deficiency and has failed to satisfy the release conditions prior to the release deadline of the bought deal financing. These conditions, along with other matters as set forth in Note 2(a), indicate the existence of a material uncertainty that may cast significant doubt about the Corporation’s ability to continue as a going concern.
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