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Live Ventures Incorporated Message Board

  • yogalad_returned yogalad_returned Sep 19, 2013 10:12 PM Flag

    All You Need to Know About LIVE

    Note 14: Going Concern

    The accompanying condensed consolidated financial statements have been prepared assuming that the Company will continue as a going concern. For the three and nine months ended June 30, 2013, the Company had a net loss of $511,169 and $4,786,695 as compared to a net loss of $281,770 and $732,401 for the three and nine months ended June 30, 2012. These circumstances result in substantial doubt as to the Company's ability to continue as a going concern.

    ***************

    Nothing has happened to change that viewpoint.

    Sentiment: Strong Sell

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