|
Going Concern
|
15 Months Ended |
|---|---|
|
Sep. 30, 2011
|
|
| Going Concern |
Note 3
Going Concern
As
reflected in the accompanying financial statements, the Company has
a net loss of $7,394 and net cash used in operations of $13,552 for
the three months ended September 30, 2011, and a deficit
accumulated during the development stage of $49,321. In
addition, the Company is in the development stage and has not yet
generated any revenues. These factors raise substantial doubt about
the Company’s ability to continue as a going
concern.
While
the Company has positive working capital at September 30, 2011, the
Company expects that its current cash resources as well as expected
lack of operating cash flows will not be sufficient to sustain
operations for a period greater than one year.
The
ability of the Company to continue its operations is dependent on
Management's plans, which include continuing to raise equity based
financing as well as development of the business plan.
The
accompanying financial statements have been prepared on a going
concern basis, which contemplates the realization of assets and the
satisfaction of liabilities in the normal course of
business.
These
financial statements do not include any adjustments relating to the
recovery of the recorded assets or the classification of the
liabilities that might be necessary should the Company be unable to
continue as a going concern.
|