Kiwibox.Com, Inc. Auditor Raises 'Going Concern' Doubt

Kiwibox.Com, Inc. (Kiwibox) is an early-stage company. The Company owns and operates Kiwibox.com, a social networking Website. It operates through youth targeted online social networks segment through its Internet Website. Kiwibox.com is a social network for young adults all around the world for Web-based and mobile usage, and a community to find new friends and to meet new people online and in the real world. Kiwibox combines magazine content and social networking technology in its Website. Kiwibox has a regional-based advertising-system that allows target-group-optimized advertisements for advertisers and sponsors. The Company provides advertisers with an advertising platform with profile-focused technology to reach Web browser-based and mobile application customers. The Company has integrated Pixunity, a photo-sharing application, to the United States market. The Company's Kiwibox.com Website has approximately 4.71 million members