Advertising company RVue Holdings Inc. is replacing senior management after consistent years of losses, and after the company’s accounting firm raised liquidation concerns.

The company says in a 10-K filing with the U.S. Securities and Exchange Commission from July 1 that  accounting firm RubinBrown LLP raised substantial doubt about RVue’s continuing as a going concern because of recurring net losses and negative cash flows from operations.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.