Note A - Organization and Business: Going Concern (Policies) |
3 Months Ended |
|---|---|
Mar. 31, 2017 | |
| Policies | |
| Going Concern | Going Concern
The consolidated financial statements as of March 31, 2017 and December 31, 2016 and for the three months ended March 31, 2017 have been prepared on the going concern basis which assumes that adequate sources of financing will be obtained as required and that our assets will be realized and liabilities settled in the ordinary course of business. Accordingly, the financial statements do not include any adjustments related to the recoverability of assets and classification of assets and liabilities that might be necessary should we be unable to continue as a going concern. The Company has not yet achieved profitable operations, has accumulated losses of $327,025, since Advantego's inception through March 31, 2017, and expects to incur further losses in the development of its business, all of which casts substantial doubt about the Company's ability to continue as a going concern. Following the reverse merger with Advantego Technologies, we have entered into a new line of business. However, no assurances that we will be able to obtain adequate financing to implement our business plan and remain a going concern. |