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EXCEL - IDEA: XBRL DOCUMENT - Portus Holdings Inc.Financial_Report.xls
10-Q - QUARTERLY REPORT - Portus Holdings Inc.portus_10q.htm
EX-32.2 - CERTIFICATION - Portus Holdings Inc.portus_ex32z2.htm
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EX-31.2 - CERTIFICATION - Portus Holdings Inc.portus_ex31z2.htm
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v2.4.0.6
GOING CONCERN (Policies)
9 Months Ended
Sep. 30, 2012
Going Concern  
Going Concern

 

The accompanying financial statements have been prepared assuming the Company will continue as a going concern. The Company has incurred a net loss of $216,129 for the period from March 31, 2011 (inception) to September 30, 2012. The future of the Company is dependent upon its ability to obtain financing and upon future profitable operations from the development of its new business opportunities.

 

The Company is contemplating conducting an offering of its debt or equity securities to obtain additional operating capital. The Company is dependent upon its ability, and will continue to attempt, to secure equity and/or debt financing. There are no assurances that the Company will be successful and without sufficient financing it would be unlikely for the Company to continue as a going concern.

 

The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts of and classification of liabilities that might be necessary in the event the Company cannot continue in existence. These conditions raise substantial doubt about the Company's ability to continue as a going concern. These financial statements do not include any adjustments that might arise from this uncertainty.