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.