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GOING CONCERN
9 Months Ended
Sep. 30, 2019
GOING CONCERN  
NOTE - 2 GOING CONCERN

As of September 30, 2019, the Company has cumulative losses totaling $68,0884,000 and negative working capital of $1,565,000. The Company incurred a net loss of $115,000 for the nine months ended September 30, 2019. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. Because of these conditions, the Company will require additional working capital to develop business operations. Management’s plans are to raise additional working capital through the continued licensing of its technology as well as to generate revenues for other services. There are no assurances that the Company will be able to achieve the level of revenues adequate to generate sufficient cash flow from operations to support the Company’s working capital requirements. To the extent that funds generated are insufficient, the Company will have to raise additional working capital. No assurance can be given that additional financing will be available, or if available, will be on terms acceptable to the Company. If adequate working capital is not available, the Company may not continue its operations.

 

The financial statements do not include any adjustments relating to the recoverability and classification of asset carrying amounts or the amount and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.