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Liquidity and Going Concern
12 Months Ended
Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Liquidity and Going Concern

Note 14: Liquidity


As of December 31, 2020, the Company had $215,836 in bank accounts and during 2020 used $2,297,317 of cash in operations.  The Company’s current projections for 2021 requires cash of $1,351,436.  These factors raise substantial doubt as to the Company’s ability to continue as a going concern.  


To address these factors, management believes that it will secure additional funding to meet prospective cash requirements.  Management believes the Company’s existing cash balances along with funding from our agreement with Dole, prospective funding from marketing additional genes and additional contributions from our largest shareholder will provide the necessary liquidity to meet our obligations as they come due over the next year. We expect that the funding from these sources will be more than enough to cover our obligations for the next twelve months.  However, if the funding does not arrive, the Company may not be able to meet its obligations as they become due.