Zhong Nong Yuan Fang Holdings Inc (ANAS)

[in4tehride]

"NOTE 7 - 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, insufficient working capital on hand and an accumulated deficit to date. 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 recoverability 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. "

Fair Value of the company as of March 31, 2015. $107935. Outstanding shares 3,109,991,493

Hmm wonder what happened to the money from issuing out ~800million shares over the last year.