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Going Concern
3 Months Ended
Mar. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Going Concern

3. Going Concern

 

In the preparation of our financial statements we are required to evaluate whether relevant conditions, considered in the aggregate, indicate that it is probable that the company will be unable to meet its obligations as they come due within one year after the date that the financial statements are made available. As a result of this evaluation, we believe the company will be able to meet these obligations. Based on the cash on hand as of March 31, 2016 and the anticipated cash to be generated from our operations of our legacy GO-Global business, we believe that we will have sufficient capital resources to support only basic operations for at least the next twelve months such as ongoing GO-Global business and modest advancement of hopTo Work. However executing our plans for hopTo Work in any substantial way would require either significant revenue from hopTo Work or new capital from issuances of debt or equity.

 

In the event that revenues from our current products or future products are not consistent with the levels assumed in our current operational plans and we are not able to secure new capital through issuances of debt or equity, we have contingency plans to reorganize our operations to continue to maintain our current business.