These don't sound so good:
NOTE 7 – GOING CONCERN
The accompanying financial statements have been prepared assuming that the Company will
continue as a going concern. As shown in the accompanying financial statements, the Company
incurred losses since its inception and has not produced enough revenues from operations. These
factors raise substantial doubt about the Company's ability to continue as a going concern.
The financial statements do not include any adjustments relating to the recoverability and
classification of recorded assets, or the amounts and classification of liabilities that might be
necessary in the event that the Company cannot continue as a going concern. Management
anticipates that it will be able to raise additional working capital through the issuance of stock
and through additional loans from investors.
The ability of the Company to continue as a going concern is dependent upon the Company’s
ability to attain a satisfactory level of profitability and obtain suitable and adequate financing.
There can be no assurance that management's plan will be successful.
NOTE 8 – LACK OF INSURANCE
The Company could be exposed to liabilities or other claims for which the Company would have
no insurance protection. The Company does not currently maintain any property insurance,
business interruption insurance, products liability insurance, or any other comprehensive
insurance policy. Any purchaser of the Company's common stock could lose their entire
investment should uninsured losses occur.
