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Note 15 - Going Concern
12 Months Ended
Dec. 31, 2025
Notes to Financial Statements  
Substantial Doubt about Going Concern [Text Block]

NOTE 15. GOING CONCERN

  

The accompanying financial statements have been prepared on a going concern basis, which assumes the Company will be able to realize its assets and settle its liabilities in the normal course of business for the foreseeable future. During the year ended December 31, 2025, the Company incurred a net loss of $1,286,068 and had negative cash flows from operations of $2,512.  As of that date, the Company’s liabilities exceeded its assets by $235,128. These conditions, along with other matters, raise substantial doubt about the Company’s ability to continue as a going concern.

 

Management’s plans to mitigate these conditions include sale of assets, liquidation of Company, infusion of cash from Advisor, raising capital, and reducing overhead costs. While management believes these plans are probable, there is no guarantee they will be successful. These financial statements do not include any adjustments that might be necessary should the Company be unable to continue as a going concern.