IDGlobal Corp (IDGC)

[Buddye]

The IDGlobal fins says it all...

5. GOING CONCERN
The accompanying financial statements have been prepared on a going concern basis, which implies the Company will continue to realize it assets and discharge its liabilities in the normal
course of business. As of December 31, 2013, the Company had accumulated deficits of $6,357,738. In addition, for the three months and year ended December 31, 2013 and 2012, the Company has not generated sufficient revenues to support ongoing operations. These factors raise substantial doubt regarding the Company’s ability to continue as a going concern. The continuation of the Company as a going concern is dependent upon the continued financial support from its stockholders, the ability of the Company to obtain necessary debt or equity financing to continue operations, and the attainment of profitable operations. The financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

*****************************************************************

Unless CEO Dufort can pull a rabbit out of his hat this 'to-who-er' isn't going anywhere. Maybe there's hope in the 1st quarter 2014 financials or some other miracle appears mysteriously.