AEterna Zentaris Inc. Message Board

  • taexpert928 taexpert928 Sep 14, 2012 12:28 PM Flag

    GOING CONCERN NOTE IN 10Q - BE AFRAID OF SUDDEN BK

    Although our audited consolidated financial statements as at December 31, 2011 and December 31, 2010 and for the years ended
    December 31, 2011 and 2010 have been prepared on a going concern basis, which contemplates the realization of assets and
    liquidation of liabilities during the normal course of operations, our ability to continue as a going concern is dependent on the
    successful execution of our business plan, which will require an increase in revenue and/or additional funding to be provided by
    potential investors as well as non-traditional sources of financing. Although we stated in our audited consolidated financial statements
    as at December 31, 2011 and December 31, 2010 and for the years ended December 31, 2011 and 2010 that management believed
    that the Company had, as at December 31, 2011, sufficient financial resources to fund planned expenditures and other working capital
    needs for at least, but not limited to, the 12-month period following such date, there can be no assurance that management’s
    assumptions will not change in our future financial statements.

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    • SCARY!!! Wow thank mister, any other small caps under the THREAT OF SUDDEN BANKRUPTCY!!! Here's one to avoid some scam company "microsurf.. soft. sent.." who knows never heard of them, but I'll avoid them thanks to you mister..

      MSFT - Microsoft Corporation (NASDAQ GS), 12:00 AM ET, 09/07/2012 ... As reported in Registrant's Quarterly Report on Form 10-Q for the quarter ended ..... which contemplate the realization of assets and the liquidation of liabilities in the ...

 
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