Note 13 - Going Concern |
6 Months Ended |
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Jun. 30, 2026 | |
| Notes to Financial Statements | |
| Substantial Doubt about Going Concern [Text Block] |
NOTE 13. GOING CONCERN
The accompanying financial statements have been prepared on a going concern basis, which assumes the Company will be able to realize its assets and settle its liabilities in the normal course of business for the foreseeable future. During the period ended June 30, 2026, the Company incurred a net investment loss of $177,824 and had no cash flows from operations. As of that date, the Company’s liabilities exceeded its assets by $447,081. These conditions, along with other matters, raise substantial doubt about the Company’s ability to continue as a going concern.
Management’s plans to mitigate these conditions include sale of assets, liquidation of Company, infusion of cash from Advisor, raising capital, and reducing overhead costs. While management believes these plans are probable, there is no guarantee they will be successful. These financial statements do not include any adjustments that might be necessary should the Company be unable to continue as a going concern.
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