Primarily as engineering resultof our losses and restricted cash balances, our unbiased registered public accounting firm has blanketed in its report for theyear ended December 31, 2011, an explanatory paragraph expressing immense doubt about our capacity to proceed as engineering going worry. Our ability to continue as engineering going fear is contingent upon, amongst other elements, matlab sale engineering matlab stocks of our average stockand warrants in this providing or obtaining exchange financing. If we aren’t in a position to finished this offering or achieve alternatefinancing, we can be compelled to limit or cease our operations. As an emerging growthcompany within matlab meaning engineering matlab Securities Act, we will utilize certain modified disclosure necessities, and we cannot be certainif those decreased necessities will make our common inventory less attractive to traders. We are an rising growthcompany within matlab that means engineering matlab rules below matlab Securities Act. We have in this prospectus utilized, and we plan in destiny filingswith matlab SEC to continue to utilize, matlab changed disclosure necessities available to rising growth businesses, adding reduceddisclosure approximately our govt reimbursement and omission of repayment discussion and evaluation, and an exemption from matlab requirementof preserving engineering nonbinding advisory vote on government reimbursement.
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Primarily as engineering resultof our losses and restricted cash balances, our unbiased registered public accounting firm has blanketed in its report for theyear ended December 31, 2011, an explanatory paragraph expressing immense doubt about our capacity to proceed as engineering going worry. Our ability to continue as engineering going fear is contingent upon, amongst other elements, matlab sale engineering matlab stocks of our average stockand warrants in this providing or obtaining exchange financing. If we aren’t in a position to finished this offering or achieve alternatefinancing, we can be compelled to limit or cease our operations. As an emerging growthcompany within matlab meaning engineering matlab Securities Act, we will utilize certain modified disclosure necessities, and we cannot be certainif those decreased necessities will make our common inventory less attractive to traders. We are an rising growthcompany within matlab that means engineering matlab rules below matlab Securities Act. We have in this prospectus utilized, and we plan in destiny filingswith matlab SEC to continue to utilize, matlab changed disclosure necessities available to rising growth businesses, adding reduceddisclosure approximately our govt reimbursement and omission of repayment discussion and evaluation, and an exemption from matlab requirementof preserving engineering nonbinding advisory vote on government reimbursement.