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Going Concern
6 Months Ended
Mar. 31, 2023
Going Concern  
Going Concern

Note 3 – Going Concern

 

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates continuity of operations, acquisition of assets, and liquidation of liabilities in the normal course of business.

 

As reflected in the accompanying financial statements, the Company at March 31, 2023, with new stockholder’s acquisition eliminated accumulated deficit and the company now has positive stockholder equity of US$ 482,310.

The Company is attempting to generate sufficient revenue and at the present time, daily operations are being supported by stockholders. Management intends to raise additional funds by way of a private or public offering. A new offering is open for $40,000,000. At March 31, 2023, the company had sold 10,000 shares from this new offering. The company issued 300,000 shares to International Monetary according to the agreement signed from the new offering approved.

 

While the Company believes in the viability of its strategy to continue operations and generate sufficient revenue and in its ability 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 generate sufficient revenue and its ability to raise additional funds by way of a public or private offering.

 

The company is discussing a new MDE with BINNOPS, a company registered in Bogota, Colombia, which is dedicated to the development of Artificial Intelligence and Digital Tweens.

 

The financial statements do not include any adjustments related to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might be necessary if the Company is unable to continue as a going concern.