XML 21 R10.htm IDEA: XBRL DOCUMENT v3.10.0.1
Going Concern
9 Months Ended
Dec. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Going Concern

NOTE 4 - GOING CONCERN

 

As reflected in the accompanying condensed consolidated financial statements, the Company had no significant revenue, a negative equity, and recurring material losses. These factors raise substantial doubt about the Company’s ability to continue as a going concern.

 

Management intends to raise additional funds either through a private placement or public offering of the Company’s securities. Management believes that the actions presently being taken to further implement its business plan will enable the Company to continue as a going concern. While management believes in its viability to raise additional funds, there can be no assurances to that effect. The ability of the Company to continue as a going concern is dependent upon the Company’s ability to further implement its business plan and raise additional funds.

 

The net loss for the three and nine-month periods ending December 31, 2018 was ($619,943) and ($3,460,408), respectively. Our working capital as of December 31, 2018 was ($1,200,442). Our net cash used in operations for the nine-month period ending December 31, 2018 was ($602,352).

 

These financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.