SEGG · Sports Entertainment Gaming Global Corp · Documents

Substantial doubt about the company's ability to continue as a going concern.

“As such, Management concluded that substantial doubt exists. These conditions, together with the Company’s recurring operating losses, negative cash flows from operations, working capital deficit, significant indebtedness, and continued dependence on external financing to meet its operating cash requirements, raise substantial doubt about the Company’s ability to continue as a going concern for one year from the date these financial statements are issued.”