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3. GOING CONCERN
3 Months Ended
Mar. 31, 2014
Going Concern  
GOING CONCERN

The financial statements have been prepared on a going concern basis which assumes the Company will be able to realize its assets and discharge its liabilities in the normal course of business for the foreseeable future.  

 

The Company has incurred a loss since Inception (June 5, 2013) resulting in an accumulated deficit of approximately $1,917,000 and $711,000 as of March 31, 2014 December 31, 2013, respectively, and further losses are anticipated in the development of its business.  Accordingly, there is substantial doubt about the Company’s ability to continue as a going concern.

 

The ability to continue as a going concern is dependent upon the Company generating profitable operations in the future and, or, obtaining the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. There is no guarantee that the Company will be successful in achieving these objectives.

 

The accompanying condensed financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.

 

On April 10, 2014, trading in our Common Stock resumed on the OTC after having been suspended by the SEC on March 27, 2014.