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GOING CONCERN AND MANAGEMENT S PLAN | 12 Months Ended
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Sep. 30, 2023
GOING CONCERN AND MANAGEMENT'S PLAN |
GOING CONCERN AND MANAGEMENT'S PLAN | NOTE B – GOING CONCERN AND MANAGEMENT’S PLAN The Company has recurring net losses, which have resulted in an accumulated deficit of $302,447,147 as of September 30, 2023. The Company incurred a net loss of $10,022,916 and generated negative operating cash flow of $6,217,677 for the twelve-month period ended September 30, 2023.These factors raise substantial doubt about the Company’s ability to continue as a going concern for one year from the issuance of the financial statements. The ability of the Company to continue as a going concern is dependent on the Company’s ability to further implement its business plan, raise capital, and generate revenues. The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern. The Company’s current capital resources include cash and cash equivalents. Historically, the Company has financed its operations principally from the sale of equity and equity-linked securities.

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- Definition The entire disclosure about liquidity and management plan. + References No definition available. + Details
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