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Liquidity
9 Months Ended
Nov. 30, 2019
Liquidity  
Liquidity

Note 7. Liquidity

 

We have a history of operating losses and negative cash flow.  We currently have no operations and we intend to seek, investigate and, if such investigation warrants, engage in a business combination with a private entity whose business presents an opportunity for our stockholders.

 

These conditions raise substantial doubt over the Company’s ability to meet all of its obligations over the twelve months following the filing of this Form 10-Q.  Management has evaluated these conditions and concluded that current plans will alleviate this concern.  As of November 30, 2019, the only liabilities were accounts payable and advances from a stockholder.  The stockholder has agreed to continue to fund operating expenses and not to demand repayment of prior advances at least until 15 months from the end of our fiscal year.