TSXV:EVE.H - Post by User
Comment by
cannveston May 15, 2020 12:56pm
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Post# 31034264
RE:RE:GRIN
RE:RE:GRIN Hmmm someone on the FB group posted that same line last night...strange.
PatrickBateman wrote:
PatrickBateman wrote: Straight from the MD&A:
"These factors may lend significant doubt to the Company’s ability to continue as a going concern. The Company’s ability to realize its assets and discharge its liabilities is dependent upon its ability to continually refinance current obligations and/or raise additional financing and, ultimately, achieve profitable operations.
Although management is assessing various opportunities for incremental debt or equity financing and/or refinancing and is also pursuing cash-generating sales opportunities to achieve profitability, there are no assurances that the Company will be successful and there may be an adverse effect on the financial position of the Company should these efforts be unsuccessful. These material uncertainties may cast significant doubt about the Company’s ability to continue as a going concern. The Quarterly Financial Statements do not include any adjustments to the amounts and classification of assets and liabilities that would be necessary should the Company be unable to continue as a going concern. Refer to “Financial Risk – Liquidity Risk”."