Looks like you may have been correct in your prediction. GLTA!
From the Annual Report Ending 12/31/2021 and recorded 3/25/2022.
NOTE 3 – GOING CONCERN
The accompanying financial statements have been prepared assuming that the Company will continue as a going concern,
which contemplates continuity of operations, realization of assets, and liquidation of liabilities in the normal course of business.
As reflected in the accompanying financial statements, the Company had an accumulated deficit at December 31, 2021 of
$3,413,584. This factor among others raises substantial doubt about the Company’s ability to continue as a going concern.
While the Company is attempting to commence operations and generate revenues, the Company’s cash position may
not be significant enough to support the Company’s daily operations. Management intends to raise additional funds by
way of a public or private offering. Management believes that the actions presently being taken to further implement
its business plan and generate revenues provide the opportunity for the Company to continue as a going concern. While
theCompany believes in the viability of its strategy to generate revenues and in its ability to raise additional funds,
there can be no assurances to that effect. The ability of the Company to continue as a going concern is dependent upon
the Company’s ability to further implement its business plan and generate revenues.
The financial statements do not include any adjustments that might be necessary if the Company is unable to continue
as a going concern.
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