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Going Concern and Liquidity
3 Months Ended
Mar. 31, 2013
Going Concern and Liquidity [Abstract]  
Going Concern and Liquidity

3. Going Concern and Liquidity


The Company has an accumulated deficit through March 31, 2013 of $16,539,190, and has had negative cash flows from operating activities. These factors raise substantial doubt about the Company's ability to continue as a going concern.


In 2012 sources of funding did not materialize as committed and as a result the Company received insufficient funding to execute its business plan. The Company accrued significant liabilities for which the Company does not have liquidity or committed funding to meet its current obligations. If new sources of financing are insufficient or unavailable, we will modify our growth and operating plans to the extent of available funding, if any. If we cease or stop operations, our shares could become valueless. Historically, we have funded operating, administrative and development costs through the sale of equity capital and short term related party and other shareholder loans. If our plans and/or assumptions change or prove inaccurate, and we are unable to obtain further financing, or such financing and other capital resources, in addition to projected cash flow, if any, prove to be insufficient to fund operations, our continued viability could be at risk. To the extent that any such financing involves the sale of our equity, our current stockholders could be substantially diluted. There is no assurance that we will be successful in achieving any or all of these objectives in 2013.