Summer Regulatory Summit eBook

Oregon Action

Audited Financials (Hindsight Peek @ Prevention) • Excerpt from Financial Statements December 31, 2022. NMLS Upload Date: April 24, 2023. Note 2 - Going Concern *** [A]s of the year ended December 31, 2022, the Company had a net loss of $27 million and stockholder’s equity of $12 million. To date in 2023, the Company has continued to operate at a loss. These factors create an uncertainty about the Company’s ability to continue as a going concern. Management’s plans include the following: Cost Reduction *** Stockholder Contributions ***