The board could hardly keep their jobs with a different opinion.
Nevertheless the auditors expressed their concerns on this issue in the very same document.
Any group doing their due diligence to offer finance will be aware of this, as well as that their convertible note debt, currently recorded as less than $7million on the balance sheet, in accordance with our strange accounting standards, is actually a debt of $9mil.
This will of course matter to prospective lenders.
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