LIQUIDITY	12 Months Ended
Dec. 31, 2015
Liquidity
Note 2. LIQUIDITY	The Company has an accumulated deficit of $18,335,739 as of December 31, 2015, and for the year ended December 31, 2015 had a net loss of $1,656,782. As a result, there are concerns about the liquidity of our company at December 31, 2015. The following discussion addresses those concerns. Net cash of $622,578 was provided by operating activities, and although we have a working capital deficit of $1,116,266 as of December 31, 2015, current liabilities include $607,024 in deferred revenue and the expected costs necessary to realize the deferred revenue in 2016 are minimal. As of December 31, 2015, long-term liabilities consist of $9,436,923 due to related parties which are classified as long term because we do not expect to repay amounts owed to related parties during 2016. All repayments of amounts due to related parties must be approved by our Board of Directors. Repayments are subject to our company having sufficient cash on hand and are intended not to impair continuing business operations. Implementation of our business plan may require additional financing. Additional financings may come from future equity or debt offerings that could result in dilution to our stockholders. Although the Company must ultimately achieve profitable operations, based on the factors discussed above, management believes that our cash on hand and cash to be generated from operations will be sufficient to fund operations through fiscal 2016.

Disclosure of accounting policy for reporting when there is a substantial doubt about an entity's ability to continue as a going concern for a reasonable period of time (generally a year from the balance sheet date). Disclose: (a) pertinent conditions and events giving rise to the assessment of substantial doubt about the entity's ability to continue as a going concern for a reasonable period of time, (b) the possible effects of such conditions and events, (c) management's evaluation of the significance of those conditions and events and any mitigating factors, (d) possible discontinuance of operations, (e) management's plans (including relevant prospective financial information), and (f) information about the recoverability or classification of recorded asset amounts or the amounts or classification of liabilities. If management's plans alleviate the substantial doubt about the entity's ability to continue as a going concern, disclosure of the principal conditions and events that initially raised the substantial doubt about the entity's ability to continue as a going concern would be expected to be considered. Disclose whether operations for the current or prior years generated sufficient cash to cover current obligations, whether waivers were obtained from creditors relating to the company's default under the provisions of debt agreements and possible effects of such conditions and events, such as: whether there is a possible need to obtain additional financing (debt or equity) or to liquidate certain holdings to offset future cash flow deficiencies. Disclose appropriate parent company information when parent is dependent upon remittances from subsidiaries to satisfy its obligations.

No definition available.

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