| Author | Message | ||
     Saarang Pilla Bewarse Username: Saarang Post Number: 924 Registered: 04-2015 Posted From: 66.25.5.81 Rating: N/A |
Risks Relating to Our Financial Condition and Going Concern If we are unable to continue as a going concern, our securities will have little or no value. The report of our independent registered public accounting firm that accompanies our audited consolidated financial statements for period from February 1, 2017 (inception) through December 31, 2017 includes a going concern explanatory paragraph in which such firm expressed substantial doubt about our ability to continue as a going concern. The Company has limited operating history and experienced a net loss of $26.4 million since its inception. The Company has $2.1 million of cash at December 31, 2017. The Company operates primarily in structured trade finance and providing technology services and our operating costs are primarily related to the cost of providing those services, employee compensation and administrative expenses. |