GOING CONCERN
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6 Months Ended | 12 Months Ended |
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Jun. 30, 2012
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Dec. 31, 2011
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Liquidity Disclosure [Policy Text Block] |
NOTE
2. GOING CONCERN
The
Company has suffered recurring losses from operations and
has a working capital deficit. These conditions raise
substantial doubt about the Company’s ability to
continue as a going concern. The Company may raise
additional capital through the sale of its equity
securities, through offerings of debt securities, or
through borrowings from financial institutions.
Management believes that actions presently being taken to
obtain additional funding provide the opportunity for the
Company to continue as a going concern.
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NOTE
2. GOING
CONCERN
The
Company has suffered recurring losses from operations and has
a large working capital deficit. These conditions raise
substantial doubt about the Company’s ability to
continue as a going concern. The Company may raise additional
capital through the sale of its equity securities, through
offerings of debt securities, or through borrowings from
financial institutions. Management believes that actions
presently being taken to obtain additional funding provide
the opportunity for the Company to continue as a going
concern.
|