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XML - IDEA: XBRL DOCUMENT - Tuffnell Ltd.R22.htm
EXCEL - IDEA: XBRL DOCUMENT - Tuffnell Ltd.Financial_Report.xls
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EX-31.1 - CERTIFICATION - Tuffnell Ltd.ex31-1.htm
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10-K - TUFFNELL LTD. - Tuffnell Ltd.eps4972.htm
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EX-32.1 - CERTIFICATION PURSUANT TO 18 U.S.C. 1350 AS ADOPTED - Tuffnell Ltd.ex32-1.htm
v2.4.0.6
Going Concern
12 Months Ended
Sep. 30, 2012
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Going Concern

Note 2. Going Concern

 

The Company’s financial statements are prepared using generally accepted accounting principles in the United States of America applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has incurred a net operating loss of $1,530,475 through September 30, 2012. The Company has not commenced its operations, rather, still in the exploration stages, raising substantial doubt about the Company’s ability to continue as a going concern.

 

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.

 

The ability of the Company to continue as a going concern is dependent upon its ability to successfully accomplish the plans described in the preceding paragraph and eventually secure other sources of financing and attain profitable operations. The accompanying financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.