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Note 2 - Going Concern Uncertainty
3 Months Ended
Mar. 31, 2018
Notes  
Note 2 - Going Concern Uncertainty

NOTE 2 – Going Concern Uncertainty

 

The consolidated financial statements have been prepared on a “going concern” basis, which contemplates the realization of assets and liquidation of liabilities in a normal course of business. As of March 31, 2018, the Company had cash and cash equivalents of $54,117 and a working capital surplus of $144,563. For the three months ended March 31, 2018 and 2017, the Company had net gain of $407,558 and $24,100, respectively. These factors raise substantial doubt as to the Company’s ability to continue as a going concern.  The Company plans to improve its financial condition by raising capital through sales of shares of its common stock. Also, the Company plans to expand its operation of CBD products to increase its profitability. The consolidated financial statements do not include any adjustments that might be necessary should the Company be unable to continue as a going concern.