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Going Concern and Management's Plans (Studio II Brands, Inc. (Successor))
12 Months Ended
Mar. 31, 2012
Studio II Brands, Inc. (Successor)
 
Going Concern and Management's Plans:  
Going Concern and Management's Plans

NOTE 2 GOING CONCERN AND MANAGEMENT’S PLANS

 

These consolidated financial statements have been prepared assuming that the Company will continue as a going concern and, accordingly, they do not include any adjustments that might result from the outcome of this uncertainty.  The Company’s minimal revenues, its dependency from continued funding from its stockholders raise substantial double about its ability to continue as a going concern.    The Company's business plan includes raising funds from outside potential investors.  However, there is no assurance that it will be able to do so.