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EXCEL - IDEA: XBRL DOCUMENT - IDS Industries, Inc.Financial_Report.xls
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EX-10.4 - EXHIBIT 10.4 - IDS Industries, Inc.ex10_4.htm
EX-31.2 - EXHIBIT 31.2 - IDS Industries, Inc.ex31_2.htm
EX-32.1 - EXHIBIT 32.1 - IDS Industries, Inc.ex32_1.htm
EX-31.1 - EXHIBIT 31.1 - IDS Industries, Inc.ex31_1.htm
EX-10.5 - EXHIBIT 10.5 - IDS Industries, Inc.ex10_5.htm
EX-10.3 - EXHIBIT 10.3 - IDS Industries, Inc.ex10_3.htm
v2.4.0.6
GOING CONCERN
12 Months Ended
Aug. 31, 2012
Notes to Financial Statements  
GOING CONCERN

 

Step Out has limited working capital and has a deficit accumulated during the development stage of $78,622 as of August 31, 2012. Step Out's financial statements are prepared using the generally accepted accounting principles applicable to a going concern, which contemplates the realization of assets and liquidation of liabilities in the normal course of business. However, Step Out has no current source of revenue. Without realization of additional capital, it would be unlikely for Step Out to continue as a going concern. Step Out's management plans on raising cash from public or private debt or equity financing, on an as needed basis and in the longer term, upon achieving profitable operations through its business activities.