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LIQUIDITY
6 Months Ended
Jun. 30, 2022
LIQUIDITY  
Liquidity

NOTE 2 - LIQUIDITY:

 

At June 30, 2022 and December 31, 2021, the Company had cash and cash equivalents of approximately $465,934 and $497,135, respectively, consisting of money market funds and U.S. Treasury Bills. Our net losses incurred for the six months ended June 30, 2022 and 2021, amounted to $31,584 and $40,738, respectively, and we had working capital of approximately $465,074 and $496,658 at June 30, 2022 and December 31, 2021, respectively. Management believes that its cash and cash equivalents are sufficient for its business activities for at least the next twelve months and for the costs of seeking an acquisition of an operating business.