Note 3 Going Concern
As reflected in the accompanying financial statements, the Company
has a net loss of $15,392 and net cash used in operations of
$21,184 for the six months ended December 31, 2011, and a deficit
accumulated during the development stage of $57,319. In
addition, the Company is in the development stage and has not yet
generated any revenues. These factors raise substantial doubt about
the Company’s ability to continue as a going concern.
While the Company has positive working capital at December 31,
2011, the Company expects that its current cash resources as well
as expected lack of operating cash flows will not be sufficient to
sustain operations for a period greater than six months.
The ability of the Company to continue its operations is dependent
on Management's plans, which include continuing to raise equity
based financing as well as development of the business plan.
The accompanying 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.
These financial statements do not include any adjustments relating
to the recovery of the recorded assets or the classification of the
liabilities that might be necessary should the Company be unable to
continue as a going concern.