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GOING CONCERN
12 Months Ended
Dec. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
GOING CONCERN

NOTE 2 – GOING CONCERN

 

With no visible progress towards an extension of the ACP Program, or the creation of a similar program, the Company may face further cost reduction measures, including additional reductions in our workforce. Although the Company eliminated its outstanding debt and increased its cash position earlier in 2024, the uncertainty surrounding the ACP and Lifeline Programs or the creation of other similar support programs, the Company’s ability to remain a going concern is dependent upon the success of IM Telecom’s ongoing health care initiative, Apeiron System’s SMS messaging, POTS replacement and VIVA-US Telecommunications, Inc. initiatives. The lack of our success in one or more of these foregoing initiatives raises substantial doubt about our ability to remain a going concern for the twelve (12) month period from the date of this Annual Report.

 

In order to mitigate any going concern risks, we continue to focus on our mobile services segment in California with the California Lifeline Program, through its’ additional state funding and Linkup program. We also shifted our focus to our ongoing health care sales initiative as well as Apeiron System’s SMS messaging and POTS replacement initiatives. If necessary, we will also consider additional reductions in force, which will create more than a twelve (12) month net working capital in order to mitigate further risk.