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EX-32.1 - CERTIFICATION - Skkynet Cloud Systems, Inc.skkynet_ex321.htm
EX-32.2 - CERTIFICATION - Skkynet Cloud Systems, Inc.skkynet_ex322.htm
EX-31.1 - CERTIFICATION - Skkynet Cloud Systems, Inc.skkynet_ex311.htm
EX-31.2 - CERTIFICATION - Skkynet Cloud Systems, Inc.skkynet_ex312.htm
EXCEL - IDEA: XBRL DOCUMENT - Skkynet Cloud Systems, Inc.Financial_Report.xls
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10-K - FORM 10-K - Skkynet Cloud Systems, Inc.skkynet_10k.htm
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v2.4.0.6
GOING CONCERN
12 Months Ended
Oct. 31, 2012
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
NOTE 3 - GOING CONCERN

As shown in the accompanying financial statements, Skkynet has an accumulated deficit of $353,944 as of October 31, 2012 and incurred a net loss of $108,327 for the year ended October 31, 2012. Unless profitability and increases in stockholders’ equity continues, these conditions raise doubt as to Skkynet ability to continue as a going concern. The consolidated financial statements do not include any adjustments that might be necessary if Skkynet is unable to continue as a going concern.

 

Skkynet continues to review its expense structure reviewing costs and their reduction to move towards profitability. The Company’s expenses are planned to decrease as a percent of revenue resulting in profitability and increased shareholders’ equity.