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      &lt;font style="display: inline; font-family: Times New Roman, serif; font-size: 11pt; font-weight: bold;"&gt;Note

      2 - Uncertainty, going concern&lt;/font&gt;

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        &lt;font style="DISPLAY: inline; FONT-FAMILY: Times New Roman, serif; FONT-SIZE: 11pt"&gt;The

        Company&amp;#8217;s financial statements are prepared using

        generally accepted accounting principles in the United

        States of America applicable to a going concern which

        contemplates the realization of assets and liquidation of

        liabilities in the normal course of business. The Company

        has not yet established an ongoing source of revenues

        sufficient to cover its operating costs to allow it to

        continue as a going concern. As of July 31, 2011, the

        Company had an accumulated deficit of $34,160,926. The

        ability of the Company to continue as a going concern is

        dependent on the Company obtaining adequate capital to fund

        operating losses until it becomes profitable. If the

        Company is unable to obtain adequate capital, it could be

        forced to cease operations.&lt;/font&gt;

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        &lt;font style="DISPLAY: inline; FONT-FAMILY: Times New Roman, serif; FONT-SIZE: 11pt"&gt;In

        order to continue as a going concern, the Company will

        need, among other things, additional capital resources. The

        Company is contemplating conducting an offering of its debt

        or equity securities to obtain additional operating

        capital. The Company is dependent upon its ability, and

        will continue to attempt, to secure equity and/or debt

        financing. There are no assurances that the Company will be

        successful and without sufficient financing it would be

        unlikely for the Company to continue as a going

        concern.&lt;/font&gt;

      &lt;/div&gt;&lt;br/&gt;&lt;div style="LINE-HEIGHT: 12.55pt; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"&gt;

        &lt;font style="DISPLAY: inline; FONT-FAMILY: Times New Roman, serif; FONT-SIZE: 11pt"&gt;The

        ability of the Company to continue as a going concern is

        dependent upon its ability to successfully accomplish the

        plans described in the preceding paragraph and eventually

        secure other sources of financing and attain profitable

        operations. These financial statements do not include any

        adjustments relating to the recoverability and

        classification of recorded asset amounts, or amounts and

        classification of liabilities that might result from this

        uncertainty.&lt;/font&gt;

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 -Publisher FASB

 -Name Accounting Standards Codification

 -Topic 948

 -SubTopic 10

 -Section 50

 -Paragraph 4

 -URI http://asc.fasb.org/extlink&amp;oid=6490092&amp;loc=d3e47214-110998



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