XML 18 R9.htm IDEA: XBRL DOCUMENT

Liquidity and Going Concern	12 Months Ended
Dec. 31, 2014
Liquidity And Going Concern [Abstract]
Liquidity and Going Concern	Note 3 - Liquidity and Going Concern The accompanying consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company sustained net loss of $295,569 and used cash in operating activities of $63,945 for the year ended December 31, 2014. The Company had a working capital deficit of $455,688, stockholders’ deficit of $452,295 and accumulated deficit of $2,412,030, respectively, at December 31, 2014. These factors raise substantial doubt about the ability of the Company to continue as a going concern. The Company is dependent upon its ability to generate revenues and its ability to continue receiving investment capital and loans from third parties to sustain its current level of operations. The Company is in the process of securing working capital from investors for common stock, convertible notes payable, and/or strategic partnerships. No assurance can be given that the Company will be successful in these efforts. The consolidated financial statements have been prepared assuming that the Company will continue to function as a going concern, and do not include adjustments that might result from the outcome of this uncertainty. Based on the Company’s operating plan, existing working capital at December 31, 2014 was insufficient to meet cash requirements to support Company operations through December 31, 2015. The consolidated financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

Liquidity and Going Concern

12 Months Ended

Dec. 31, 2014

Liquidity And Going Concern [Abstract]

Note 3 - Liquidity and Going Concern

The accompanying consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company sustained net loss of $295,569 and used cash in operating activities of $63,945 for the year ended December 31, 2014. The Company had a working capital deficit of $455,688, stockholders’ deficit of $452,295 and accumulated deficit of $2,412,030, respectively, at December 31, 2014. These factors raise substantial doubt about the ability of the Company to continue as a going concern. The Company is dependent upon its ability to generate revenues and its ability to continue receiving investment capital and loans from third parties to sustain its current level of operations. The Company is in the process of securing working capital from investors for common stock, convertible notes payable, and/or strategic partnerships. No assurance can be given that the Company will be successful in these efforts.

The consolidated financial statements have been prepared assuming that the Company will continue to function as a going concern, and do not include adjustments that might result from the outcome of this uncertainty. Based on the Company’s operating plan, existing working capital at December 31, 2014 was insufficient to meet cash requirements to support Company operations through December 31, 2015.

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