I stand corrected. Appy sent me a private email which I'm sure he wouldn't mind my sharing.

"Since we have not demonstrated sustainable profitability, our company's ability to continue as a going concern is in doubt and is dependent upon achieving sustained profitability and if necessary obtaining additional financing. We currently have no plans, arrangements or understandings regarding any acquisitions."

I believe this is from the last paragraph of the 10Q. I didn't see this when I skimmed and I was looking for it. Chalk that one up to my stigmatism or as Paul Simon might say, "People looking without seeing"

A years worth of working capital sure would placate me if I was an auditor. What kind of rule book do the have in Delaware anyways?

Larry