Paul S
07-05-2007, 08:20 PM
Whilst its not fair to pull a single paragraph out of a document and say look at this...........................
...........look at this from the SEC report.
the Company has incurred losses of approximately $19,644,549 from inception of the Company through December 31, 2006, and has negative cash flows from operations. The Company's stockholders' deficiency at December 31, 2006 was $527,852 and its current liabilities and claims and contingencies exceeded its current assets by $533,746. These factors combined, raise substantial doubt about the Company's ability to continue as a going concern
I love how they word it .......... "approximately 19,644,549" also there is verbage in the text of the report that says this form of the ABA was enacted in 2004, not 2000, you have to wonder if this is the final total or not.
Anyways, read it for ourself...... The ABA report to the Securities Exchange Commission (http://biz.yahoo.com/e/070427/abkb.ob10ksb.html)
Looks like fast exciting basketball is facing substantial doubt.
...........look at this from the SEC report.
the Company has incurred losses of approximately $19,644,549 from inception of the Company through December 31, 2006, and has negative cash flows from operations. The Company's stockholders' deficiency at December 31, 2006 was $527,852 and its current liabilities and claims and contingencies exceeded its current assets by $533,746. These factors combined, raise substantial doubt about the Company's ability to continue as a going concern
I love how they word it .......... "approximately 19,644,549" also there is verbage in the text of the report that says this form of the ABA was enacted in 2004, not 2000, you have to wonder if this is the final total or not.
Anyways, read it for ourself...... The ABA report to the Securities Exchange Commission (http://biz.yahoo.com/e/070427/abkb.ob10ksb.html)
Looks like fast exciting basketball is facing substantial doubt.