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EXCEL - IDEA: XBRL DOCUMENT - Truli Media Group, Inc.Financial_Report.xls
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EX-31 - EXHIBIT 31 CERTIFICATION - Truli Media Group, Inc.exhibit31.htm
EX-32 - EXHIBIT 32 CERTIFICATION - Truli Media Group, Inc.exhibit32.htm
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10-K - SA RECOVERY CORP. FORM 10-K 02.29.2012 - Truli Media Group, Inc.f120611sarecovery10k02292012.htm
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v2.4.0.6
Risks and Uncertainties
12 Months Ended
Feb. 29, 2012
Risks and Uncertainties:  
Uncertainty, Continued Marketability of Goods and Services

Note 2 – Going Concern

 

The accompanying financial statements have been prepared assuming that SA Recovery Corp. will continue as a going concern. As shown in the accompanying financial statements, we had negative cash flows from operations of $103,638 for the period from inception (July 28, 2008) to February 29, 2012, and a working capital deficit of $142,946 at February 29, 2012.  These conditions raise substantial doubt as to our ability to continue as a going concern. The financial statements do not include any adjustments that might be necessary if we are unable to continue as a going concern.  Management intends to finance these deficits by making additional shareholder notes and seeking additional outside financing through either debt or sales of its common stock.