XML 60 R20.htm IDEA: XBRL DOCUMENT v2.4.0.6
Significant Accounting Policies: Uncertainty As A Going Concern (Policies)
6 Months Ended
Sep. 30, 2012
Uncertainty As A Going Concern:  
Uncertainty As A Going Concern

Uncertainty as a Going Concern

 

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. However, the Company has suffered recurring losses from operations since inception which raises substantial doubt about its ability to continue as a going concern.

 

The Company’s ability to continue as a going concern is dependent upon its ability to generate profitable operations in the future and/or obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. Management has plans to seek additional capital through a private placement and public offering of its common stock. These plans, if successful, will mitigate the factors which raise substantial doubt about the Company’s ability to continue as a going concern. These financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts, or amounts and classification of liabilities that might result from this uncertainty.