“The accompanying financial statements have been prepared on the basis that we will continue as a going concern. We have financed our operations since inception primarily through the sale of shares of our stock and convertible notes. We have incurred significant operating losses and negative cash flows from operating activities since our inception. As of September 30, 2009 and the date of filing this report, these conditions raised substantial doubt as to our ability to continue as a going concern.
We will need to immediately raise additional capital in order to avoid curtailing or substantially reducing operations.”Vilken är Carl Freers kommentar till de bistra nyheterna? Vi frågade honom i ett emejl och GetFugu är på väg mot konkurs och det ganska snart. Hans svar:
"nope. But it is a start-up
Still going strong!"Hans Sandberg
PS. Läs mer om GetFugu här!