Note 2 – Liquidity

As of December 31, 2015, the Company had a working capital deficiency of $242,842. The Company’s cash flow used in operating cash flows was $202,602 for the year ended December 31, 2015. As discussed in Note 9, the Company has raised $500,000 subsequent to the December 31, 2015. In addition, the Company is working to manage its current liabilities while it continues to make changes in operations to further improve its cash flow and liquidity position. Based upon subsequent debt financing and the Company’s current cash flow projections, management believes the Company will have sufficient capital resources to meet projected cash flow requirements for the next twelve months.