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Going Concern
9 Months Ended
Jun. 30, 2016
Notes to Financial Statements  
Note 2 - Going Concern

These financial statements for the nine months ended June 30, 2016 were prepared assuming the Company will continue as a going concern. During the nine months ended June 30, 2016, the Company has incurred a loss of $721,653 and has an accumulated deficit of $1,386,497. These factors raise substantial doubt about the Company’s ability to continue as a going concern. The Company will need to generate significant revenue in order to achieve profitability and may never become profitable.

 

The Company has begun principal operations and, as is common with a start-up company, the Company has had recurring losses during its early stage. The Company’s financial statements are prepared using generally accepted accounting principles applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. However, the Company does not have significant cash or other material assets, nor does it have an established source of revenue sufficient to cover its operating costs and to allow it to continue as a going concern. In the interim, shareholders of the Company have committed to meeting its minimal operating expenses.