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EX-32.1 - SARBANES-OXLEY 906 CERTIFICATION - CHIEF EXECUTIVE AND CHIEF FINANCIAL OFFICER. - MONAR INTERNATIONAL INC.exh32-1.htm
EXCEL - IDEA: XBRL DOCUMENT - MONAR INTERNATIONAL INC.Financial_Report.xls
XML - IDEA: XBRL DOCUMENT - MONAR INTERNATIONAL INC.R6.htm
XML - IDEA: XBRL DOCUMENT - MONAR INTERNATIONAL INC.R1.htm
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10-K - MONAR INTERNATIONAL INC. FORM 10-K (7/31/2012). - MONAR INTERNATIONAL INC.mnai10k-7312012.htm
XML - IDEA: XBRL DOCUMENT - MONAR INTERNATIONAL INC.R10.htm
EX-31.1 - SARBANES-OXLEY 302 CERTIFICATION - PRINCIPAL EXECUTIVE AND PRINCIPAL FINANCIAL OFFICER. - MONAR INTERNATIONAL INC.exh31-1.htm
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NOTE 3 - GOING CONCERN
12 Months Ended
Jul. 31, 2012
Going Concern Note
NOTE 3 – GOING CONCERN

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates, among other things, the realization of assets and satisfaction of liabilities in the normal course of business. If the Company fails to generate positive cash flow or obtain additional financing, when required, it may have to modify, delay, or abandon some or all of its business and expansion plans.

At July 31, 2012, the Company had cash and cash equivalents of $9 and working capital deficit of $165,967, which compares to $72 cash and $41,396 working capital deficit as of July 31, 2011. The ability of the Company to emerge from the development stage is dependent upon the Company’s successful efforts to raise sufficient capital and then attaining profitable operations. The Company intends to fund operations through sales and equity financing arrangements.

For the year ended July 31, 2012 and 2011, the Company had net operating losses of $124,453 and $72,742. From inception through July 31, 2012 the Company incurred a cumulative net operating loss of $241,846.

The Company believes that its existing capital resources may not be adequate to enable it to execute its business plan, and that it will require additional cash resources during 2012 based on its current operating  plan and conditions. These conditions raise substantial doubt as to the Company’s ability to continue as a going concern. The accompanying statements do not include any adjustments that might be necessary should the Company be unable to continue as a going concern.