Triad Pro Innovators Inc (TPII)

[Gitzstv]

TOO BAD IT'S NOT AUDITED.

NOTE 3 – GOING CONCERN
The accompanying financial statements have been prepared, using accounting principles generally accepted in
the United States of America (“GAAP”), assuming that the Company will continue as a going concern, which
contemplates the recoverability of assets and the satisfaction of liabilities in the normal course of business. Since
the change of management and control, the Company has been engaged substantially in developing its business
plan and production of proof of concept prototypes. The Company incurred accumulated net losses through
August 31, 2021 of $18,870,553. In addition, the Company’s development activities since acquisition have been
financially sustained through the sale of capital stock and capital contributions from lenders and an affiliated
party.
The ability of the Company to continue as a going concern is dependent upon its ability to raise additional capital
from the sale of common stock or through debt financing and, ultimately, the achievement of significant operating
revenues