CleanTech Alpha Corporation (F/K/A Greenshift Corporation)
Climate Impact & Sustainability Data (2016)
Reporting Period: 2016
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Negative working capital and a stockholders’ deficit.
- Inability to meet obligations as they become due and sustain operations.
- Insufficient cash resources to fund debt payments and working capital requirements.
- Uncertainty about ability to raise additional funds.
- Substantial doubt about the Company’s ability to continue as a going concern.
Mitigation Strategies
- Efforts to develop new revenue sources and negotiate further debt reductions with creditors.
- Plans to resolve the Company’s working capital deficit by increasing revenue, reducing debt and exploring new financing options.