Seen On Screen TV, Inc. said in a SEC 10 – K/A filing, “With respect to the Company's short term liquidity, our Current Ratio as of October 31, 2007 was .14, compared with 1.2 as of October 31, 2006. The current ratio is a commonly used measure of a company's liquidity. Our management believes, however, that with a company still in the exploratory stage, such as FKLR, the ratio may not be as significant as with an ongoing business either in comparing the Company with others in the industry or comparing one period with another. In analyzing our liquidity, we look at actual dollars; we compare our cash on hand and other short-term assets with our bills payable and other short-term obligations. Since our only source of funds has been from the periodic sale of securities, when we determine that our short-term assets will not meet our current and anticipated obligations for a sufficient period of time, we must attempt to raise additional capital. If we are not able to raise adequate capital and to do so in a timely manner, we may not be able to continue in business.”

On 09/15/2008, Seen On Screen TV, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.