Nov. 15 at 3:58 PM
$AREC Net loss $ (21,620,830)
Rare Earth Oxide Revenue
$165
Total liabilities
$296,202,408
Going Concern
The Company has evaluated whether there are any conditions and events considered in the aggregate, which raise substantial doubt about its ability to continue as a going concern within one year beyond the issuance date
of these financial statements. Based on such evaluation and the Company’s current plans, which are subject to change, and the Company’s existing liquidity, there is substantial doubt about the Company’s ability to
continue as a going concern for the next twelve months from the date these financial statements were issued. LMFAO!