NOTE 3 — GOING CONCERN

The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the discharge of liabilities in the normal course of business for the foreseeable future.

The Company has incurred losses since inception and had an accumulated deficit of $(2,435,217) at June 30, 2026. The acquisition of Flipside AI on April 1, 2026 introduced revenue-generating operations, and the subsidiary was profitable for the quarter then ended. At June 30, 2026 the Company held cash of $489,216 and had current liabilities in excess of current assets.

Management’s plans include applying cash generated by the operations of Flipside AI to the servicing and repayment of these obligations, pursuing the renewal or refinancing of the subsidiary’s borrowings as they mature, and raising additional capital through the sale of equity securities or the issuance of convertible debt. The Company has historically funded its operations through private placements of common stock and the issuance of convertible debentures.

After considering these plans, management concluded that substantial doubt about the Company’s ability to continue as a going concern has not been alleviated. The accompanying financial statements have been prepared on the going concern basis and do not include any adjustments to the carrying amounts or classification of assets and liabilities that might result from the outcome of this uncertainty.