Note 3 – Going Concern
The accompanying financial statements
have been prepared assuming that the Company will continue
as a going concern, which contemplates continuity of operations,
realization of assets, and liquidation of liabilities in the normal
course of business.
As reflected in the accompanying financial statements, the Company
had a deficit accumulated during the development stage at November
30, 2011, a net loss and net cash used in operating activities for
the interim period then ended, respectively, with no revenues
earned during the period.
While the Company is attempting to commence operations and generate
revenues, the Company’s cash position may not be sufficient
enough to support the Company’s daily operations. Management
intends to raise additional funds by way of a private or public
offering. Management believes that the actions presently being
taken to further implement its business plan and generate revenues
provide the opportunity for the Company to continue as a going
concern. While the Company believes in the viability of its
strategy to generate revenues and in its ability to raise
additional funds, there can be no assurances to that effect. The
ability of the Company to continue as a going concern is dependent
upon the Company’s ability to further implement its business
plan and generate revenues.
The financial statements do not include any adjustments related to
the recoverability and classification of recorded asset amounts or
the amounts and classification of liabilities that might be
necessary should the Company be unable to continue as a going
concern.
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