Quarterly report pursuant to Section 13 or 15(d)

Going Concern

v3.6.0.2
Going Concern
3 Months Ended
Dec. 31, 2016
Notes to Financial Statements  
NOTE 3 - Going Concern

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As reflected in the accompanying financial statements, the Company had a negative working capital of $215,676 and an accumulated deficit of $3,377,729 at December 31, 2016. As of December 31, 2016, the Company had not generated any significant revenue and had no committed sources of capital or financing. 

 

While the Company is attempting to generate revenues from telehealth platforms, the Company’s cash position may not be significant enough to support the Company’s daily operations. Management believes that the actions presently being taken to further implement its business plan and generate additional products and revenues provide the opportunity for the Company to continue as a going concern. While the Company believes in the viability of its strategy to realize revenues and in its ability to raise additional funds, there can be no assurances to that effect. The Company’s ability to continue as a going concern is dependent upon its ability to achieve profitable operations or obtain adequate financing. 

 

The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.