GOING CONCERN CONSIDERATIONS |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
| GOING CONCERN CONSIDERATIONS | NOTE 2 – GOING CONCERN CONSIDERATIONS
The accompanying consolidated financial statements are prepared assuming the Company will continue as a going concern. As of June 30, 2026, the Company had an accumulated deficit of $1,062,876 and a working capital deficiency of $72,440. For the six months ended June 30, 2026, the Company had a net loss of $6,067 and cash provided by operating activities of $509,010. This was due to Stock Based Compensation and an increase in liabilities. These matters raise substantial doubt about the Company’s ability to continue as a going concern for a period of twelve months from the issue date of these financial statements. The ability of the Company to continue as a going concern is dependent upon initiating sales and obtaining additional capital and financing. The Company plans on securing loans from traditional and non-traditional lenders, private market raises, convertible debts and last through its planned Initial Public Offering (IPO) or DESPAC event. The Company’s IPO registration statement was rendered effective on 12/22/21 by the SEC. There is currently no public market for our common stock. While the Company believes in the viability of its strategy to initiate sales volume and in its ability to raise additional funds, there can be no assurances to that effect. The consolidated financial statements do not include adjustments to reflect the possible effects on the recoverability and classification of assets or the amounts and classification of liabilities that may result from the outcome of this uncertainty.
|