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GOING CONCERN
3 Months Ended
Mar. 31, 2026
GOING CONCERN  
GOING CONCERN

NOTE 2 – GOING CONCERN

 

As reflected in the financial statements, the Company had an accumulated deficit of $40,815,538 at March 31, 2026 and cash used in operations of $5,483 for the three months ended March 31, 2026. Management notes, however, that a substantial portion of the Company’s reported loss and operating expenses for the three months ended March 31, 2026 consisted of non-cash items, including stock-based compensation and impairment charges, which did not have a corresponding impact on near-term operating cash flows.

 

The Company's ability to continue as a going concern is contingent upon achieving future profitable operations and securing sufficient financing to meet operational obligations. Management plans to fund operations over the next twelve months through existing cash resources, related party support, additional debt or equity financing, and potential capital raises via public or private offerings.  Management is actively pursuing these funding and business development initiatives and believes that such efforts, together with ongoing liability management and strategic expansion activities, may support the Company’s operations and business objectives over the next twelve months. However, there can be no assurance that the Company will ultimately be successful in obtaining sufficient financing or achieving profitable operations.

 

To improve its financial position, the Company has implemented a comprehensive strategy focused on:

 

 

1.

Revenue Growth – expanding strategic consulting, enterprise technology, and infrastructure-related service opportunities;

 

2.

Strategic Expansion – integrating acquired businesses and developing scalable Web3, digital asset, and infrastructure platforms;

 

3.

Market Development – building strategic partnerships and expanding commercial relationships across multiple jurisdictions;

 

4.

Technology Advancement – strengthening platform capabilities, intellectual property development, and commercialization readiness.

 

5.

Capital Structure and Liquidity Management – pursuing equity and debt financing opportunities, related party support, strategic capital arrangements, and liability restructuring where appropriate.

 

Management believes these initiatives will support long-term financial improvement and future business expansion. The Company will continue to monitor and report on their operational and financial progress.