NOTE B—GOING CONCERN

The accompanying financial statements have been prepared on a going concern basis, which assumes the Company will realize its assets and discharge its liabilities in the normal course of business. As reflected in the accompanying financial statements, the Company has an accumulated deficit of $1,231,289 at June 30, 20026 and used $7,618 cash in operating activities during the three months then ended.

The Company’s ability to continue as a going concern is dependent upon its ability to generate future profitable operations and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. These circumstances raise substantial doubt about the Company’s ability to continue as a going concern for the 12 months from the date when these financial statements were issued. The accompanying financial statements do not include any adjustments that might arise because of this uncertainty.

To address these conditions, management has undertaken the following initiatives: 1) seek additional equity funding from current or new stockholders; 2) undertake a program to continue to monitor the Company’s working capital requirements and minimum expenditure commitments; and 3) maintain corporate overhead at a level consistent with the Company’s available cash resources.