Excerpt from the 10Q ...
The Company has incurred net losses during the three months ended August 31, 2011 and 2010 of $167,804 and $164,199. respectively. In addition, the Company has no significant revenue-generating operations. To continue as a going concern, the Company plans to raise funds through private placements and public stock offerings. These funds will be used for marketing and payment of general and administrative expenses. 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.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8200924
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