Bering Exploration, Inc. - FORM 10-K - XML - IDEA: XBRL DOCUMENT - July 16, 2012

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EXCEL - IDEA: XBRL DOCUMENT - Bering Exploration, Inc.Financial_Report.xls
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EX-99.1 - EXHIBIT 99.1 - Bering Exploration, Inc.v317579_ex99-1.htm
EX-32.2 - EXHIBIT 32.2 - Bering Exploration, Inc.v317579_ex32-2.htm
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EX-23 - EXHIBIT 23 - Bering Exploration, Inc.v317579_ex23.htm
v2.4.0.6
Going Concern
 12 Months Ended
Mar. 31, 2012
Going Concern Disclosure [Abstract]  
Going Concern Disclosure [Text Block]
Note 2. Going Concern

 

These consolidated financial statements have been prepared on a going concern basis, which implies the Company will continue to realize its assets and discharge its liabilities in the normal course of business.  The Company has not generated significant revenue since its inception and is unlikely to generate earnings in the immediate or foreseeable future.  The continuation of the Company as a going concern is dependent upon the continued financial support from its shareholders and the ability of the Company to obtain necessary equity financing to continue operations and the attainment of profitable operations.  As of March 31, 2012, the Company has accumulated losses of approximately $6,860,000 since inception and has negative working capital of approximately $600,000.  These factors raise substantial doubt regarding the Company's ability to continue as a going concern. These financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

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