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Going Concern
12 Months Ended
Dec. 31, 2019
Going Concern [Abstract]  
Going Concern

2. Going Concern


The Company has sustained losses since inception and does not have sufficient revenues and income to fully fund the operations. As a result, the Company has relied on stockholder loans to fund its activities to date. For the year ended December 31, 2019, the Company has a net loss of $1,686,641. At December 31, 2019, the Company has a working capital deficit of $2,820,926 and an accumulated deficit of approximately $64.5 million. The Company anticipates that it will continue to incur losses in future periods until the Company is successful in significantly increasing its revenues, if ever, particularly in light of the adverse impact of the Covid-19 pandemic on its Company’s operations. There are no assurances that the Company will be able to raise its revenues to a level which supports profitable operations and provides sufficient funds to pay our obligations. If the Company is unable to meet those obligations, the Company’s existing business and operations will be in jeopardy. The Company could be forced to cease its operations.


The Company’s financial statements have been prepared on the basis that it will operate as a going concern, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business. The financial statements do not include any adjustments that may result from the outcome of this uncertainty.