14 - GOING CONCERN
consolidated financial statements have been prepared assuming that Company will continue as a going concern, which contemplates
the realization of assets and the discharge of liabilities in the normal course of business for the foreseeable future.
of March 31, 2012, the Company had a deficit of $1,231,844. Management has taken certain actions and continues to
implement changes designed to improve the Companys financial results and operating cash flows. The actions involve certain
cost-saving initiatives and growing strategies, including (a) reductions in operating expenses; and (b) expansion of the business
model into new markets. Management believes that these actions will enable the Company to improve future profitability and cash
flow in its continuing operations through March 31, 2013. As a result, the financial statements do not include any adjustments
to reflect the possible future effects on the recoverability and classification of assets or the amounts and classification of
liabilities that may result from the outcome of the Companys ability to continue as a going concern.