2.4.0.8007 - Disclosure - NOTE 2 - GOING CONCERNtruefalsefalse1falsefalsefalsec2_From1May2012To30Apr2013http://www.sec.gov/CIK0001439971duration2012-05-01T00:00:002013-04-30T00:00:001true1crcl_GoingConcernTextBlockAbstractcrcl_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse02false2crcl_GoingConcernTextBlockcrcl_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalseterseLabel1falsefalsefalse00<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">NOTE
2—GOING CONCERN</font>
</div><br/><div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">At
April 30, 2013, we had cash and cash equivalents of
$125,109 and a working capital deficit of
$4,167,097.  For the year ended April 30,
2013, we had a net loss of $10,812,694 and an operating
loss of $8,760,271 including an impairment of
long-lived assets (see Note 7) of
$4,758,812.  Cash used in operations was
$1,359,795.</font></font></font>
</div><br/><div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Given
that we have not achieved profitable operations to date,
our cash requirements are subject to numerous contingencies
and risks beyond our control, including operational and
development risks, competition from well-funded
competitors, and our ability to manage growth. We can offer
no assurance that the Company will generate cash flow
sufficient to achieve profitable operations or that our
expenses will not exceed our
projections.  Accordingly, there is substantial
doubt as to our ability to continue as a going concern for
a reasonable period of time.</font>
</div><br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">There
can be no assurance that financing will be available to us
when needed or, if available, or that it can be obtained on
commercially reasonable terms. Unprecedented disruptions in
the credit and financial markets over the past two years
have had a significant material adverse impact on access to
capital and credit for many companies. Considering our
financial condition, we may be forced to issue debt or
equity at less favorable terms than would otherwise be
available.  These disruptions could, among other
things, make it more difficult for the Company to obtain,
or increase its cost of obtaining capital and financing for
its operations.  If we are unable to obtain
additional or alternative financing on a timely basis and
are unable to generate sufficient revenues and cash flows,
we will be unable to meet our capital requirements and will
be unable to continue as a going concern.</font>
</div><br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">We
anticipate generating losses in the near term, and
therefore, may be unable to continue operations in the
future. To secure additional capital, we will have to issue
debt or equity or enter into a strategic arrangement with a
third party.  There can be no assurance that
additional capital will be available to us.  We
currently have no agreements, arrangements, or
understandings with any person to obtain funds through bank
loans, lines of credit, or any other sources. The financial
statements do not include any adjustments that may be
necessary if the Company is unable to continue as a going
concern.</font>
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