This is the part that matters most to me and should to you if you are considering holding this stock for a long period of time. If you are thinking emotionally when it comes to money, you are already at a loss. Let the facts speak and not your emotions.
Note 9: Going Concern
"The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. Currently, the Company has limited operating history and has incurred operating losses, and as of December 31, 2013 the Company had an accumulated deficit of $2,283,291.53 These factors raise substantial doubt about the Company’s ability to continue as a going concern.
Management believes that the Company’s capital requirements will depend on many factors including the success of the Company’s development efforts and its efforts to raise capital. Management also believes the Company needs to raise additional capital for working capital purposes. There is no assurance that such financing will be available in the future. The conditions described above raise substantial doubt about our ability to continue as a going concern. The financial statements of the Company do not include any adjustments relating to the recover-ability and classification of recorded assets, or the amounts and classifications of liabilities that might be necessary should the Company be unable to continue as a going concern."
