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EXCEL - IDEA: XBRL DOCUMENT - Delaine CorpFinancial_Report.xls
10-K - FORM 10-K - Delaine Corpdlne_10k.htm
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EX-32.2 - CERTIFICATION - Delaine Corpdlne_ex322.htm
EX-31.1 - CERTIFICATION - Delaine Corpdlne_ex311.htm
EX-31.2 - CERTIFICATION - Delaine Corpdlne_ex312.htm
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GOING CONCERN AND LIQUIDITY CONSIDERATIONS
12 Months Ended
Jun. 30, 2012
Weighted average shares outstanding [Default Label]  
Note 7 - GOING CONCERN AND LIQUIDITY CONSIDERATIONS

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. As of June 30, 2012 and 2011, the Company has an accumulated deficit of $78,550 and $7,278, respectively. The Company intends to fund operations through equity financing arrangements, which may be insufficient to fund its capital expenditures, working capital and other cash requirements for the next twelve months.

 

The ability of the Company to emerge from the development stage is dependent upon, among other things, obtaining additional financing to continue operations, develop, patent and market its technology. In response to these problems, management intends to raise additional funds through public or private placement offerings. These factors, among others, raise substantial doubt about the Company’s ability to continue as a going concern. The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty.