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Liquidity and Going Concern
3 Months Ended
Mar. 31, 2017
Notes to Financial Statements  
Liquidity and Going Concern

As of December 31, 2016, the Company’s audited consolidated financial statements included an opinion containing an explanatory paragraph as to the uncertainty of the Company’s ability to continue as a going concern. The Company has continued to incur net losses through March 31, 2017 and have yet to establish profitable operations. These factors among others create a substantial doubt about the Company’s ability to continue as a going concern. The Company’s unaudited consolidated financial statements as of and for the period ended March 31, 2017 does not contain any adjustments for this uncertainty.

 

The Company is currently exploring other financing means to raise additional required capital which may include the sale of shares of the Company’s preferred or common stock. All additional amounts raised will be used for our future investing and operating cash flow needs. However, there can be no assurance that we will be successful in consummating additional financing. This description of our future plans for financing does not constitute an offer to sell or the solicitation of an offer to buy securities.