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Note E - Going Concern
3 Months Ended
Mar. 31, 2015
Notes  
Note E - Going Concern

NOTE E – Going Concern

 

The Company’s consolidated financial statements have been presented on the basis that it is a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company has reported recurring losses from operations.  As a result, there is an accumulated deficit of $18,625,833 at March 31, 2015.

 

The Company’s continued existence is dependent upon its ability to raise capital or increase sales.  The consolidated financial statements do not include any adjustments that might be necessary should the Company be unable to continue as a going concern.