ML Capital Group Inc. (MLCG)

[earlyret]

Guess this one is has been covered.

http://ih.advfn.com/p.php?pid=nmona&article=61832847

NOTE 2 – GOING CONCERN
The Company’
s financial statements are prepared using accountin
g principles generally accepted in the United State
s of America applicable to
a going concern that contemplates the realization o
f assets and liquidation of liabilities in the norm
al course of business. The Company, as
shown in the accompanying balance sheets, has a wor
king capital deficit of $82,828 and an accumulated
deficit of $2,389,172 as of December
31, 2013. The Company has not established any sourc
e of revenue to cover its operating costs. The Comp
any will engage in very limited
activities that must be satisfied in cash until a s
ource of funding is secured. The Company will offer
noncash consideration and seek equity
lines as a means of financing its operations. If th
e Company is unable to obtain revenue producing con
tracts or financing or if the revenue or
financing it does obtain is insufficient to cover a
ny operating losses it may incur, it may substantia
lly curtail or terminate its operations or seek
other business opportunities through strategic alli
ances, acquisitions or other arrangements that may
dilute the interests of existing stockholder.
The financial statements do not include any adjustm
ents that might be necessary if the Company is unab
le to continue as a going concern.