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10-K - 10 - K TIRELESS STEPS, INC - META GOLD, INC.f10ksept302012v3.htm
EXCEL - IDEA: XBRL DOCUMENT - META GOLD, INC.Financial_Report.xls
XML - IDEA: XBRL DOCUMENT - META GOLD, INC.R1.htm
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EX-31 - RULE 13(A)-14(A)/15(D)-14(A) CERTIFICATION OF CHIEF EXECUTIVE OFFICER - META GOLD, INC.exhibit31.htm
EX-32 - SECTION 1350 CERTIFICATION OF CHIEF EXECUTIVE OFFICER - META GOLD, INC.exhibit32.htm
EX-23 - CONSENT OF PLS CPA - META GOLD, INC.exhibit231.htm
v2.4.0.6
Note 3 - Going Concern
12 Months Ended
Sep. 30, 2012
Notes  
Note 3 - Going Concern

NOTE 3 - GOING CONCERN

 

The Company’s financial statements are prepared in accordance with generally accepted accounting principles applicable to a going concern.  This contemplates the realization of assets and the liquidation of liabilities in the normal course of business. Currently, the Company has a negative working capital of $20,925, and net loss from operations since inception of $37,325. The Company does not have a source of revenue sufficient to cover its operation costs giving substantial doubt for it to continue as a going concern. The Company will be dependent upon the raising of additional capital through placement of our common stock in order to implement its business plan, or merge with an operating company.  There can be no assurance that the Company will be successful in either situation in order to continue as a going concern.  The Company is funding its initial operations by way of issuing Founder’s shares.

In order to continue as a going concern, the Company will need, among other things, additional capital resources. Management’s plan is to obtain such resources for the Company by obtaining capital from management and significant shareholders sufficient to meet its minimal operating expenses and seeking equity and/or debt financing. However management cannot provide any assurances that the Company will be successful in accomplishing any of its plans.