MANAGEMENT PLANS	12 Months Ended
Dec. 31, 2022
MANAGEMENT PLANS
MANAGEMENT PLANS	NOTE 2. - MANAGEMENT PLANS The Company reported operating loss of $2,339,511 in 2022 and operating loss of $1,407,569 in 2021, net loss of $3,561,657 in 2022 and net loss of $1,568,813 in 2021, and stockholders’ deficiencies of $6,864,214 and $4,097,889 at December 31, 2022 and 2021, respectively. The Company has a working capital deficit of approximately $6.0 million at December 31, 2022. These factors raise initial doubt about the entities ability to continue as a going concern. The Company’s mission is to drive shareholder value by developing and bringing to market automated, cost effective, and innovative cybersecurity technologies. The Company’s strategy is to build its business by designing, developing, and marketing IT security-based products and solutions that fill technology gaps in cybersecurity. The Company’s goal is to increase sales and generate cash flow from operations on a consistent basis. The Company’s business plans require improving the results of its operations in future periods. The Company has renegotiated the terms of some certain obligations, using operational cash flow to pay down balances and extending terms, and provided financing with the issuance of new loans. The Company has applied for and expects approval of its ERTC application, plans to issue stock, restructure certain debt and anticipates significant growth of business. During the first quarter of 2022, the Company filed an S-1 for a public offering of $15 million of common stock and warrants, which was expected to be used for the Pratum acquisition and working capital needs. The public offering did not occur. On June 15, 2022, the acquisition agreement was terminated, and the transaction did not close. The Company believes the capital resources generated by the improving results of its operations as well as cash available under its factoring line of credit and from additional related parties and third-party loans, if needed, provide sources to fund its ongoing operations and to support the internal growth of the Company. The Company may need to extend existing debt agreements in order to provide resources for other purposes. If the Company experiences significant growth in its sales, the Company believes that this may require it to increase its financing line, finance additional accounts receivable, or obtain additional working capital from other sources to support its sales growth. The Company plans to continue to evaluate alternatives which may include continuing to renegotiate the terms of other notes, seeking conversion of the notes to shares of common stock and seeking funds to repay the notes. The Company continues to evaluate repayment of our remaining notes payable based on its cash flow. As a result, there is substantial doubt about the Company’s ability to continue as a going concern within one year of issuance of the financial statements.

MANAGEMENT PLANS

12 Months Ended

Dec. 31, 2022

NOTE 2. - MANAGEMENT PLANS

The Company reported operating loss of $2,339,511 in 2022 and operating loss of $1,407,569 in 2021, net loss of $3,561,657 in 2022 and net loss of $1,568,813 in 2021, and stockholders’ deficiencies of $6,864,214 and $4,097,889 at December 31, 2022 and 2021, respectively. The Company has a working capital deficit of approximately $6.0 million at December 31, 2022. These factors raise initial doubt about the entities ability to continue as a going concern.

The Company’s mission is to drive shareholder value by developing and bringing to market automated, cost effective, and innovative cybersecurity technologies. The Company’s strategy is to build its business by designing, developing, and marketing IT security-based products and solutions that fill technology gaps in cybersecurity.

The Company’s goal is to increase sales and generate cash flow from operations on a consistent basis. The Company’s business plans require improving the results of its operations in future periods. The Company has renegotiated the terms of some certain obligations, using operational cash flow to pay down balances and extending terms, and provided financing with the issuance of new loans.

The Company has applied for and expects approval of its ERTC application, plans to issue stock, restructure certain debt and anticipates significant growth of business.

During the first quarter of 2022, the Company filed an S-1 for a public offering of $15 million of common stock and warrants, which was expected to be used for the Pratum acquisition and working capital needs. The public offering did not occur. On June 15, 2022, the acquisition agreement was terminated, and the transaction did not close.

The Company believes the capital resources generated by the improving results of its operations as well as cash available under its factoring line of credit and from additional related parties and third-party loans, if needed, provide sources to fund its ongoing operations and to support the internal growth of the Company. The Company may need to extend existing debt agreements in order to provide resources for other purposes. If the Company experiences significant growth in its sales, the Company believes that this may require it to increase its financing line, finance additional accounts receivable, or obtain additional working capital from other sources to support its sales growth.

The Company plans to continue to evaluate alternatives which may include continuing to renegotiate the terms of other notes, seeking conversion of the notes to shares of common stock and seeking funds to repay the notes. The Company continues to evaluate repayment of our remaining notes payable based on its cash flow.

As a result, there is substantial doubt about the Company’s ability to continue as a going concern within one year of issuance of the financial statements.