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LIQUIDITY
12 Months Ended
Dec. 31, 2023
LIQUIDITY  
LIQUIDITY

NOTE 2 - LIQUIDITY:

 

At December 31, 2023 and 2022, the Company had cash and cash equivalents of $388,171 and $441,243, respectively, consisting of money market funds and U.S. Treasury Bills. The Company’s net losses incurred for the years ended December 31, 2023 and 2022, amounted to $403,030 and $55,892, respectively, and it had working capital of $383,186 and $440,766 at December 31, 2023 and 2022, respectively. Management believes that the Company’s 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.