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GOING CONCERN UNCERTAINTY
3 Months Ended
Apr. 30, 2023
GOING CONCERN UNCERTAINTY  
GOING CONCERN UNCERTAINTY

NOTE 2 – GOING CONCERN UNCERTAINTY

 

As reflected in the accompanying consolidated financial statements, the Company’s current liabilities exceeded its current assets by $172,304, has an accumulated deficit of $95,664, shareholders’ deficit of $57,662 as of April 30, 2023. For the period ended April 30, 2023, the Company suffered a net loss of $18,582 and negative operating cash flow of $9,797. These factors among others raise substantial doubt about our ability to continue as a going concern. The Company’s ability to continue as a going concern is dependent on its ability to raise additional capital and implement its business plan. These financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

 

Management believes that the current actions to obtain additional funding and implement its strategic plans provide the opportunity for the Company to continue as a going concern. There are no assurances that additional funds will be available when needed from any source or, if available, will be available on terms that are acceptable to us.