Quarterly report pursuant to Section 13 or 15(d)

Going Concern

v3.21.2
Going Concern
6 Months Ended
Jun. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Going Concern

Note 2 – Going Concern

 

The condensed consolidated financial statements have been prepared assuming the Company will continue as a going concern. The Company used $185,053 of cash in operating activities during the six months ended June 30, 2021 and currently has $109,579 in cash as of June 30, 2021. There is substantial doubt about the Company to continue as a going concern. This will not sustain the Company without additional funds. Management plans to raise additional capital within the next twelve months that will sustain its operations for the next year. No assurance can be given that any future financing will be available or, if available, that it will be on terms that are satisfactory to the Company. Even if the Company is able to obtain additional financing, it may contain restrictions on our operations, in the case of debt financing or cause substantial dilution for our stockholders, in case of equity financing. In addition, the Company will begin an active marketing campaign to market its services. There can be no assurance that such a plan will successful.

 

The accompanying condensed consolidated financial statements do not include any adjustments that might be necessary should the Company be unable to continue as a going concern.