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Going Concern
6 Months Ended
Mar. 31, 2012
Notes to Financial Statements  
Going Concern

 

Note 2 - Going Concern

 

As reflected in the accompanying unaudited condensed consolidated financial statements for the six months ended March 31, 2012, the Company had a net loss of $112,101 and cash used in operations of $7,395.  At March 31, 2012, the Company had a working capital deficit of $425,432, a stockholders' deficit of $425,432, and an accumulated deficit of $1,020,934.  In addition, the Company has had minimal revenue generating activities in fiscal 2012.  These matters raise substantial doubt about the Company's ability to continue as a going concern.  The unaudited condensed consolidated financial statements do not include any adjustments relating to the recovery of the recorded assets or the classification of the liabilities that might be necessary should the Company be unable to implement its business plan and continue as a going concern.  Management plans to continue to pursue contracts to develop websites in efforts to generate additional revenue.  In addition, the Company is actively seeking investor funding.