Arrowhead Water Products announces fiscal 2012 net loss of C$1.1M, accumulated deficit of C$5.9M, working capital deficiency of more than C$146,000
Nevin Barich
CALGARY, Alberta
,
January 29, 2013
(press release)
–
Arrowhead Water Products Ltd. has announced fiscal 2012 net losses of C$1.1 million, accumulated deficit of $5.9 million and working capital deficiency of $146,121. These conditions, according to the company, indicate the existence of a material uncertainty which casts doubt on Arrowhead's ability to continue as a going concern.
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