Description of business and going concern

3 Months Ended

Mar. 31, 2013

Description Of Business And Going Concern [Abstract]

Description of business and going concern

2.	Description of business and going concern:
	The Company was a manufacturer of baking and confectionery products, which were sold to supermarkets, food distributors, educational institutions, restaurants, mail order and to the public. Although the Company sold its products throughout the United States, its main customer base was on the East Coast of the United States. The Company has now become a holder and licensor of intellectual property.
	The accompanying financial statements are prepared assuming the Company will continue as a going concern. At March 31, 2013, the Company had an accumulated deficit of $13,661,619, and a working capital deficiency of $71,090. Additionally, for the three months ended March 31, 2013, the Company incurred a net loss from operations of $6,592 and had negative cash flows from operations in the amount of $9,312. The ability of the Company to continue as a going concern is dependent upon increasing licensing fees and obtaining additional capital and financing. While the Company believes in the viability of its strategy to increase licensing fees and in its ability to raise additional funds, there can be no assurances to that effect.