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Just like you never want to hear a doctor say "oops" in the operating room, you never want to see a going-concern statement
in a financial report about a company you own. Accountants throw these in when they've been over the books, talked to customers,
and checked the horoscopes and have concluded there is "substantial doubt" about a company's ability to remain in business.
In short, don't blame the accountants if the company files for bankruptcy protection.
You¿d reckon that a going-concern
statement would be enough to send investors running to the exits, but it's not. True, many large institutions automatically
bail when an existing company gets slapped with one of these, but many individuals (often wrongly) take a chance they know
more than the bean counters.
During the tech boom of the late 1990s, many companies actually went public even though they had been hit with going-concern statements. Many of those companies subsequently disappeared. Enough said.
Home / Markets / Industries / Technology
Wednesday, July 02, 2008
MediaScrape's new Google Inc. Deal
Comtex
MONTREAL, Jul 2, 2008 (Canada NewsWire via COMTEX) ----Company integrates premium-priced video advertising
MediaScrape(TM), the leading multi-lingual digital television news network announces today with Google that it is Google's first" AdSense for Video (AFV)Partner to be fully operational in Canada.
Google currently sells ads onto the MediaScrape Home Page. This new technology will now allow Google to sell targeted and premium priced ads that are located within the live videos being shown on www.MediaScrape.com.
The Company stated that the "AFV Program is highly sought after by advertisers and we are extremely pleased that MediaScrape has the in-house technology strength and depth to accomplish this project.
Tyler N. Cavell, Publisher and CEO of MediaScrape, stated: "We are delighted to have been capable of meeting the expectations of Google, who are leaders in advertising web services on a global basis. Our technology team is world class and are proud that this quality of resource is available in Canada."
SOURCE: MediaScrape
Martha Twidale, MediaScrape, (514) 501-1620, martha@mediascrape.com
Copyright (C) 2008 CNW Group. All rights reserved.
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