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Going Concern
3 Months Ended
Mar. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Going Concern

14. GOING CONCERN

 

As reflected in the accompanying financial statements, the Company had a net loss of $56,124 and net cash used in operations of $197,148 for the three months ended March 31, 2017, and cash of $346,893, stockholders’ equity of $452,523 and an accumulated deficit of $796,775 at March 31, 2017. In addition, the Company is a start-up in the renewable energy space.

 

Management has evaluated the significance of these conditions and under these circumstances expects that its current cash resources as well as projections for 2017 would be sufficient to sustain operations for a period greater than one year from this report issuance date.