NOTE 2 - LIQUIDITY AND GOING CONCERN

The Company intends to finance its activities through:

·	managing current cash on hand; and
·	seeking additional funds raised in the future.

The Company has experienced recurring losses and negative cash flow from operations for the quarter ended September 30, 2014. There is substantial doubt about the Company’s ability to continue as a going concern as it is dependent on its ability to obtain short term financing and ultimately to generate sufficient cash flow to meet its obligations on a timely basis in order to attain profitability, as well as successfully obtain financing on favorable terms to fund the Company’s long term plans. The Company continually projects anticipated cash requirements, which may include business combinations, capital expenditures, and working capital requirements. In accordance with the Plan of Reorganization, most of the Company’s accounts payable were converted into Equity, which had a favorable impact on liquidity. As of September 30, 2014, the Company had cash of approximately $111, a working capital deficit of approximately $190 including note payable to stockholders due July 2015, and a total deficit of $189. During the three months ended September 30, 2014, the Company used approximately $80 of cash for operations. The Company’s existing liquidity is not sufficient to fund its operations, anticipated capital expenditures, working capital and other financing requirements for the foreseeable future.

The Company needs to raise additional capital to cover its budgeted operating and capital expenditures. If the capital raising efforts are not successful, the Company might not be able to continue as a going concern. The unaudited condensed consolidated financial statements do not include any adjustments relating to the recoverability and classification of asset carrying amounts or the amount and classification of liabilities that might be necessary should the Company not be able to continue as a going concern. These factors among others create a substantial doubt about the Company’s ability to continue as a going concern.