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Sunwin Stevia International, Inc. Going Concern

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In Form 10-K filed on August 6, 2015, Sunwin Stevia International, Inc.’s auditor, RBSM LLP, raised substantial doubt about the Company’s ability to continue as a going concern. According to RBSM, the Company has incurred recurring losses and generated negative cash flows from its operating activities. The Company has incurred a recurring net loss of $4,522,139 and incurred negative cash flows from operating activities of $379,764 for the year ended April 30, 2015. As of April 30, 2015, the Company has an accumulated deficit of $20,417,666, its cash and cash equivalents balance and its revenues generated are not currently sufficient and cannot be projected to cover operating expenses in the coming year. Read more on distressed companies.