Gourmet Provisions Intl Corp (GMPR)

[meidiot]

QUARTERLY REPORT : Published Dec 13 2017

Note 8 – Going Concern and Uncertainty
The Company has suffered recurring losses from operations since inception. In addition, the
Company has yet to generate an internal cash flow from its business operations. These factors
raise substantial doubt as to the ability of the Company to continue as a going concern.
Management’s plans regarding these matters encompass the following actions: 1) obtain
funding from new investors to alleviate the Company’s liquid working deficiency, and 2)
implement a plan to generate sales. The Company’s continued existence is dependent upon its
ability to resolve it liquidity problems and increase profitability in its current business
operations. However, the outcome of management’s plans cannot be ascertained with any
degree of certainty. The accompanying consolidated financial statements do not include any
adjustments that might result from the outcome of these risks and uncertainties.