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GOING CONCERN
6 Months Ended
Jun. 30, 2021
GOING CONCERN  
NOTE 3 - GOING CONCERN

NOTE 3 – GOING CONCERN

 

At June 30, 2021, the Company had a working capital deficit of $883,623 and has yet to commence its plan of operations. The Company’s current liquidity resources are insufficient to fund its anticipated level of operations for at least the next 12 months from the date these financial statements were issued. As a result, there is substantial doubt regarding the Company’ ability to continue as a going concern.

 

The Company’s ability to continue operations depends on its ability to generate and grow revenue and results of operations as well as its ability to access capital markets when necessary to accomplish its strategic objectives. The Company expects that it will continue to incur losses for the immediate future and will need additional equity or debt financing until the Company can achieve profitability and positive cash flows from operating activities. The Company’s future capital requirements for its operations will depend on many factors, including the ability to generate revenues and its ability to obtain capital. There is no assurance that the Company will be successful in any capital-raising efforts that it may undertake to fund operations and implement its business plan in the future.