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Article: ALCOBEX METALS UPDATES ON LIMITED REVIEW FOR Q2 ENDED SEPTEMBER 30
- Article from:
- The Hindustan Times
- Article date:
- December 19, 2006
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Report from the India Press Release brought to you by the Hindustan Times
MUMBAI, India, Dec 19 -- The Bombay Stock Exchange of India made the following corporate announcement:
Alcobex Metals Ltd., has informed BSE that in the limited review report of the company for the quarter ended September 30, 2006, the auditors of the company have made the following observations:
1. The company has not disclosed/addressed all audit qualifications of the previous accounting year i.e., 2005-06.
2. The accumulated losses of the Company have exceeded the net worth of the company and the company has been incurring cash losses for the past few years. However the account of the company has been prepared on ...