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Alias Born | 10/29/2012 |
Friday, August 08, 2014 10:54:10 AM
NOTE 7- GOING CONCERN
The Company has incurred minimal operating gains, as of March 31, 2014; the Company had a capital balance of $1244.00 and zero receivables due at the close of the quarter. These factors raise substantial doubt about the Company’s ability to continue as a going concern.
At of the end of the full fiscal year ending December 31, 2011 management has discontinued all of its licensed mortgage services and moved to a strictly consulting oriented business model, which continues to this day but has limited operations. Management believes that the Company’s capital requirements will depend on many factors including new sales initiatives in its active consulting subsidiary and possible new business combinations. Management also believes the Company needs to raise additional capital for working capital purposes. The
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