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Overunity Machines Forum



A Perspective On The B Type EESD - Robert Murray-Smith - Any issues?

Started by MileHigh, November 29, 2015, 04:51:35 AM

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0 Members and 9 Guests are viewing this topic.

MileHigh

More on SunVault:

http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=11028724-7849-135153&type=sect&TabIndex=2&companyid=880764&ppu=%252fdefault.aspx%253fcik%253d1547716

<<< These consolidated financial statements have been prepared on a going concern basis, which implies the Company will continue to realize its assets and discharge its liabilities in the normal course of business. The continuation of the Company as a going concern is dependent upon the continued financial support from its shareholders, the ability of the Company to obtain necessary equity financing to continue operations, and the attainment of profitable operations. As at September 30, 2015, the Company has a working capital deficiency of $3,371,682 and has accumulated losses of $7,928,731 since inception. These factors raise substantial doubt regarding the Company's ability to continue as a going concern. These consolidated financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.>>>

Don't hold your breath for an "electric supercar" to become available by March 31st, 2016 that makes use of RMS's yet-to-be-proven battery storage cells or supercapacitors.

For those that want to register:

Sunvault Energy: Late Filings Aren't The Only Problems

http://seekingalpha.com/article/3245496-sunvault-energy-late-filings-arent-the-only-problems?page=1

seychelles

HI MICROMLOW I DO NOT HAVE TO HIDE MY IDENTITY.
THIS WHEN I AM HAPPY..


tinman

Quote from: seychelles on December 03, 2015, 08:45:50 AM
NOW YOU DO NOT WANT TO PISS ME OFF.

Dude
Even our Roo's would have that bloke for breakfast.

meet Roger the Roo.

seychelles

YOU have put me off kangaroo stake  now, i did not know they
are on steroids now.