Note 3 - Going Concern Uncertainties

6 Months Ended

Jun. 30, 2015

Notes to Financial Statements

Substantial Doubt about Going Concern [Text Block]

NOTE

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3     GOING CONCERN UNCERTAINTIES

These condensed consolidated financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and the discharge of liabilities in the normal course of business for the foreseeable future.

For the six months ended June 30, 2015, the Company has incurred a net loss of $92,186 and experienced negative cash flows from operations of $84,597 with an accumulated deficit of $3,647,640 as of that date

. The continuation of the Company is dependent upon the continuing financial support of shareholders. Management believes the existing stockholders will provide the additional cash to meet the Company’s obligations as they become due. However, there is no assurance that the Company will be successful in securing sufficient funds to sustain the operations.

These and other factors raise substantial doubt about the Company’s ability to continue as a going concern. These condensed consolidated financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classification of liabilities that may result in the Company not being able to continue as a going concern.