The Company’s financial statements are prepared using accounting principles generally accepted in the United States of America
applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of
business. The Company has not yet established an ongoing source of revenues sufficient to cover its operating cost and allow it
to continue as a going concern. The ability of the Company to continue as a going concern is dependent on the Company obtaining
adequate capital to fund operating losses until it becomes profitable. If the Company is unable to obtain adequate capital, it could
be forced to cease operations.
In order to continue as a going concern, the Company will need, among other things, additional capital resources. Management’s
plan to obtain such resources for the Company include, obtaining capital from management and significant stockholders sufficient
to meet its minimal operating expenses. However, management cannot provide any assurance that the Company will be successful
in accomplishing any of its plans.
There is no assurance that the Company will be able to obtain sufficient additional funds when needed or that such funds, if
available, will be obtainable on terms satisfactory to the Company. In addition, profitability will ultimately depend upon the level
of revenues received from business operations. However, there is no assurance that the Company will attain profitability. The
accompanying financial statements do not include any adjustments that might be necessary if the Company is unable to continue
as a going concern.
So basically, waiting on news in regards to them obtaining capital to get things moving again. They have been on the market for a few years - acting like they are not a legitimate company is absurd.
