Thursday, July 02, 2015 11:05:25 AM
Liquidity and Capital Resources
As of February 28, 2015, the Company had $1,328 in cash and a total of $1,328 in assets. In management’s opinion, the Company’s cash position is insufficient to maintain its operations at the current level for the next 12 months. Any expansion may cause the Company to require additional capital until such expansion began generating revenue. It is anticipated that the raise of additional funds will principally be through the sales of our securities. As of the date of this report, additional funding has not been secured and no assurance may be given that we will be able to raise additional funds.
My opinions are my own and based on the knowledge I have acquired over the years of owning and operating businesses on a daily basis. They are my analysis and should to be interpreted as investment advice. Basically, just an analysis. NO more, No less.
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