Item 8.01 Other Events.
On
Because of the restrictions imposed on securities quoted on the Expert Market, most investors will not be able to publicly sell their shares. Additionally, they will not have access to bid and ask prices or other information, including trading volume. As such, Expert Market shares are illiquid.
We are working on funding solutions for our working capital requirements to fund
continued operations and we will proceed as quickly as possible with filing
these reports with the
No assurance can be given that the Company will be successful in obtaining such financing and funding solutions sufficient to fund continued operations. In the absence of such financing the Company will be required to scale back or terminate operations and/or seek protection under applicable bankruptcy laws. An extended delay or cessation of the Company's continuing product development efforts will have a material adverse effect on the Company's financial condition and results of operations.
© Edgar Online, source