GOTTAPLAY INTERACTIVE, INC. Financials

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GOTTAPLAY INTERACTIVE, INC. Files SEC form 10-Q, Quarterly Report

Note 2 - Going Concern and Management's Plan The Company's consolidated condensed financial statements as of and for the nine months ended June 30, 2009 have been prepared using the generally accepted accounting principles applicable to a going concern, which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company recorded a net loss of $848,146 from continuing operations and $15,666 of negative cash flows from operating activities for the nine months ended June 30, 2009. At June 30, 2009, the Company had a working capital deficit of $4,010,187 and a stockholders' deficit of $3,651,539. The accompanying consolidated condensed financial statements do not include any adjustments that might result from the ultimate outcome of these risks and uncertainties. As of June 30, 2009 and as of the date of this report, the Company's working capital deficit and cash flow projections, would not enable it to meet the due dates of certain financial obligations and operating objectives as presently structured. The rate at which the Company expends it financial resources is variable, may be accelerated, and will depend on many factors. In order to obtain the necessary operating and working capital, the Company is seeking public or private equity investors and/or private debt financing. There can be no assurance that such additional funding, if any, will be available on acceptable terms. The Company's continued existence as a going concern is completely dependent upon its ability to: (a) grow sales (b) secure additional equity investments (c) secure new debt financing and (d) restructure existing debt. There is no assurance that the Company will be successful in any of these endeavors. Without sufficient, immediate, short-term financing, it will be unlikely for the Company to continue as a going concern. Note 3 - Account Receivable At June 30, 2009 and September 30, 2008, the Company was owed $102,989 and $295,450, respectively, ...
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GOTTAPLAY INTERACTIVE, INC. Files SEC form 8-K, Change in Directors or Principal Officers

Show all filings for GOTTAPLAY INTERACTIVE, INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for GOTTAPLAY INTERACTIVE, INC. 16-Jun-2009Change in Directors or Principal Officers Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informat...
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GOTTAPLAY INTERACTIVE, INC. Files SEC form 8-K, Change in Directors or Principal Officers

Show all filings for GOTTAPLAY INTERACTIVE, INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for GOTTAPLAY INTERACTIVE, INC. 19-May-2009Change in Directors or Principal Officers Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informat...
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GOTTAPLAY INTERACTIVE, INC. Files SEC form 10-Q, Quarterly Report

Note 2 - Going Concern and Management's Plan The Company's consolidated condensed financial statements as of and for the six months ended March 31, 2009 have been prepared using the generally accepted accounting principles applicable to a going concern, which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company recorded a net loss of $644,778 from continuing operations and $12,734 of negative cash flows from operating activities for the six months ended March 31, 2009. At March 31, 2009, the Company had a working capital deficit of $3,840,309 and a stockholders' deficit of $3,448,171. The accompanying consolidated condensed financial statements do not include any adjustments that might result from the ultimate outcome of these risks and uncertainties. As of March 31,2009 and as of the date of this report, the Company's working capital deficit and cash flow projections, would not enable it to meet the due dates of certain financial obligations and operating objectives as presently structured. The rate at which the Company expends it financial resources is variable, may be accelerated, and will depend on many factors. In order to obtain the necessary operating and working capital, the Company is seeking public or private equity investors and/or private debt financing. There can be no assurance that such additional funding, if any, will be available on acceptable terms. The Company's continued existence as a going concern is completely dependent upon its ability to: (a.) grow sales and (b.) secure additional equity investments (c.) secure new debt financing and (d.) restructure existing debt. There is no assurance that the Company will be successful in any of these endeavors. Without sufficient, immediate, short-term financing, it will be unlikely for the Company to continue as a going concern. Note 3 - Account Receivable At March 31, 2009 and September 30, 2008, the Company was owed $158,420 and $295,450, resp...
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GOTTAPLAY INTERACTIVE, INC. Files SEC form 8-K, Change in Directors or Principal Officers

Show all filings for GOTTAPLAY INTERACTIVE, INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for GOTTAPLAY INTERACTIVE, INC. 27-Mar-2009Change in Directors or Principal Officers Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informat...
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GOTTAPLAY INTERACTIVE, INC. Files SEC form 10-Q, Quarterly Report

Note 2 - Going Concern and Management's Plan The Company's consolidated condensed financial statements as of and for the three months ended December 31, 2008 have been prepared using the generally accepted accounting principles applicable to a going concern, which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company recorded a net loss of $336,960 from continuing operations and $11,319 of negative cash flows from operating activities Gottaplay Interactive, Inc. and Its Wholly Owned Subsidiary Notes to Consolidated Condensed Financial Statements December 31, 2008 (Unaudited) for the three months ended December 31, 2008. At December 31, 2008, the Company had a working capital deficit of $3,708,149 and a stockholders' deficit of approximately $3,284,153. The accompanying consolidated condensed financial statements do not include any adjustments that might result from the ultimate outcome of these risks and uncertainties. As of December 31,2008 and as of the date of this report, the Company's working capital deficit and cash flow projections, would not enable it to meet the due dates of certain financial obligations and operating objectives as presently structured. The rate at which the Company expends it financial resources is variable, may be accelerated, and will depend on many factors. In order to obtain the necessary operating and working capital, the Company is seeking public or private equity investors and/or private debt financing. There can be no assurance that such additional funding, if any, will be available on acceptable terms. The Company's continued existence as a going concern is completely dependent upon its ability to: (a.) grow sales and (b.) secure additional equity investments (c.) secure new debt financing and (d.) restructure existing debt. There is no assurance that the Company will be successful in any of these endeavors. Without sufficient, immediate, short-term financing, it will be unlikely...
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GOTTAPLAY INTERACTIVE, INC. Files SEC form 10KSB, Annual Report

Item 6. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS. The following discussion and analysis should be read in conjunction with the consolidated financial statements, including notes thereto, appearing in this Form 10-KSB. Some of the information in this Form 10-KSB contains forward-looking statements that involve substantial risks and uncertainties. You can identify these statements by forward-looking words such as "may", "will", "believes", "anticipates", "estimates", "expects", "continues" and/or words of similar import. Forward-looking statements are based upon our management's current expectations and beliefs concerning future developments and their potential effects upon us. There may be events in the future that we are not able to accurately predict or over which we have no control. Our actual results could differ materially from those anticipated for many reasons in these forward-looking statements. Factors that could cause or contribute to the differences include, but are not limited to, availability of financial resources adequate for short-, medium- and long-term needs, demand for our products and services and market acceptance, as well as those factors discussed and set forth under "Risk Factors", "Business", "Management's Discussion and Analysis of Financial Condition and Results of Operations" and elsewhere in this report. We believe it is important to communicate our expectations, however, our management disclaims any obligation to update any forward-looking statements whether as a result of new information, future events or otherwise. Application of Critical Accounting Policies and Estimates General Our discussion and analysis of our financial condition and results of operations as of and for the year ended September 30, 2008 are based upon our audited consolidated financial statements, ...
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GOTTAPLAY INTERACTIVE, INC. Files SEC form 8-K, Change in Directors or Principal Officers

Show all filings for GOTTAPLAY INTERACTIVE, INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for GOTTAPLAY INTERACTIVE, INC. 23-Dec-2008Change in Directors or Principal Officers Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informat...
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