XML 18 R9.htm IDEA: XBRL DOCUMENT v3.21.2
GOING CONCERN
6 Months Ended
Jun. 30, 2021
GOING CONCERN  
3. GOING CONCERN

3. GOING CONCERN

 

As reflected in the accompanying financial statements, the Company had accumulated deficit of $2,773,540 as of June 30, 2021 which include a profit of $295,362 for the six months ended June 30, 2021.

 

The Company ability to generate profit in the next 12 months is uncertain given that the market in which it operates is facing an economic slowdown. Management’s plans include the raising of capital through the equity markets to fund future operations, seeking additional acquisitions, and generating profits through its business operations; however, there can be no assurances the Company will be successful in its efforts to secure additional equity financing and obtaining sufficient profit. These factors raise substantial doubt about the Company’s ability to continue as a going concern. The accompanying financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.