GOING CONCERN

6 Months Ended

Jun. 30, 2016

GOING CONCERN [Abstract]

GOING CONCERN

NOTE 7– GOING CONCERN

As of June 30, 2016, the registrant had an accumulated deficit of $24,832,777 and during the six months ended June 30, 2016, the registrant used net cash of $13,747 for operating activities.  These factors raise substantial doubt about the registrant’s ability to continue as a going concern. The company has began to generate income from it’s operation in Nicaragua and anticipates that this income may sufficiently support the ongoing operating expenses of the company going forward.

While the registrant is attempting to commence operations and generate revenues, the registrant’s cash position may not be significant enough to support the registrant’s daily operations.  Management intends to raise additional funds by way of a public or private offering.  Management believes that the actions presently being taken to further implement our business plan and generate revenues provide the opportunity for the registrant to continue as a going concern.  While the registrant believes in the viability of its strategy to generate revenues and in its ability to raise additional funds, there can be no assurances to that effect.  The ability of the registrant to continue as a going concern is dependent upon the registrant’s ability to further implement its business plan and generate revenues.