We also have a history of incurring net operating cash flow deficits. RECENT (Nov 2012) private placement further diluting shareholder value, will allow us to meet our obligations into 2nd QTR 2013.
Further shareholder DILUTION will be needed after Q-2 2013 to continue as a going concern. There is no assurance we will be able to obtain additional funding beyond Q-2-2013.
SOOOO LONGS, you are invested in a BANKRUPT company running out of time fast. DEC 5th 2012 was the companies most recent REVERSE SPLIT 1-10, just to meet listing requirements.
WARNING: There is a high probability this stock will go to ZERO soon. Take out the last (2) 1-10 reverse splits and in reality, this stock is actually .05 cents per share.