Posts for Ticker ‘AWBC’

More ‘Going Concern’ Notes Hitting Companies (AWBC, AHR, BWTR, CHCI, DCGN, GST, MLP, OXGN, TMI, XCR)

burning-money-picThis might be a record year for auditor “going concern” notes being included in annual report filings with the SEC. If it isn’t a record, it sure feels like it.  This note in an annual report is either from the company or its auditor(s) that there is a risk that the company will not be able to operate without bringing in new capital or be operated in the same manner financially.
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Posted on: April 1, 2009 – 10:07 am in Accounting, Annual Report, SEC, , , , , , , , , ,