AMERICAN CRYOSTEM Corp - FORM 10-K - XML - IDEA: XBRL DOCUMENT - January 14, 2013

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EX-32.1 - EXHIBIT 32.1 - AMERICAN CRYOSTEM Corpex32_1.htm
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EX-31.1 - EXHIBIT 31.1 - AMERICAN CRYOSTEM Corpex31_1.htm
10-K - FORM 10-K - AMERICAN CRYOSTEM Corpacryo_10k12.htm
v2.4.0.6
NOTE 2. Going Concern
 12 Months Ended
Sep. 30, 2012
Going Concern Note

Note 2. Going Concern


The accompanying financial statements have been presented in accordance with GAAP, which assumes the continuity of the Company as a going concern. However, the Company has incurred significant losses since its inception and has no material revenues to date and continues to rely on financing and the issuance of shares to raise capital to fund its business operations. Management’s plans with regard to this matter are as follows:


The Company has been actively engaged in creating and implementing its new business model. In connection with this process, management of the Company has raised $2,065,000 under SEC Rule 506 during the years ended September 30, 2012 and September 30, 2011.


The Company plans to continue to fund its operations through capital fundraising activities in 2013 until the new commercial facilities generate sufficient revenue to support its operations.


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