Going Concern

12 Months Ended

Sep. 30, 2017

Notes to Financial Statements

Note 2 - Going Concern

These financial statements for the years ended September 30, 2017 and 2016 were prepared assuming the Company will continue as a going concern. During our recent year ended September 30, 2017, the Company has incurred a net loss of $9,920,022 and a cumulative loss since inception of $11,736,410. 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 may not allow it to continue as a going concern. These issues raise substantial doubt as to the company’s ability to continue as a going concern. In the interim, shareholders of the Company have committed to meeting its minimal operating expenses.