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10-Q - FORM 10-Q FOR 11-30-2012 - Dixie Foods International, Incform_10-q.htm
EX-31 - RULE 13A-14(A) OR RULE 15D-14(A) CERTIFICATION - Dixie Foods International, Incex_31-1.htm
EXCEL - IDEA: XBRL DOCUMENT - Dixie Foods International, IncFinancial_Report.xls
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v2.4.0.6
GOING CONCERN
3 Months Ended
Nov. 30, 2012
Notes to Financial Statements  
GOING CONCERN

NOTE 9 – GOING CONCERN

 

As reflected in the accompanying financial statements, the Company had a net loss for the three month period ended November 30, 2012 of  $6,454, and net loss for the period from May 11, 2010 (inception) through November 30, 2012 of $122,054, At November 30, 2012, the Company has minimal operating revenues.  The ability of the Company to continue as a going concern is dependent on the Company’s ability to further implement its business plan and raise capital.  The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.

 

The Company is currently a development stage company and its continued existence is dependent upon the Company’s ability to resolve its liquidity problems, principally by obtaining additional debt financing and/or equity capital.  The Company has yet to generate a significant internal cash flow, and until sales of products increase beyond current levels, the Company is highly dependent upon debt and equity funding, should continuing debt and equity funding requirements not be met the Company’s operations may cease to exist.