Three Months Ended Three Months Ended
September 30, 2012 September 30, 2011
Revenue $ 1,500 $ 0
Operating Expenses $ 1,293,485 $ 115,208
Net Loss $ 1,291,985 $ 115,208
We are a development stage company and have generated nominal revenues of $1,598 from inception (January 18, 2011) to June 30, 2012. We do not anticipate significant revenues until we have completed and successfully sold our products and services in the market.
As of September 30, 2012, we have insufficient cash to operate our business at the current level for the next twelve months and insufficient cash to achieve our business goals. The success of our business plan beyond the next 12 months is contingent upon us obtaining additional financing. We intend to fund operations through debt and/or equity financing arrangements, which may be insufficient to fund our capital expenditures, working capital, or other cash requirements. We do not have any formal commitments or arrangements for the sales of stock or the advancement or loan of funds at this time. There can be no assurance that such additional financing will be available to us on acceptable terms, or at all.
