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Going Concern Matters
6 Months Ended
Jun. 30, 2014
Going Concern Matters [Abstract]  
GOING CONCERN MATTERS

NOTE G – GOING CONCERN MATTERS

 

The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. As shown in the accompanying financial statements for the three and six month periods ended June 30, 2014, the Company incurred an operating loss of ($136,575) and ($1,071,580). The loss was primarily due to loss on the conversion of a portion of convertible notes payable to common stock and the issuance of shares of common stock for services. The Company has a deficiency in stockholder’s equity of ($602,312) and ($808,932) at June 30, 2014 and December 31, 2013, respectively. These factors among others may indicate that the Company will be unable to continue as a going concern.