NOTE 3 - GOING CONCERN |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
| NOTE 3 - GOING CONCERN | NOTE 3 - GOING CONCERN
The Company's consolidated financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has suffered recurring losses from operations, has negative cash flows from operating activities and does not have an established source of revenues sufficient to cover its operating costs. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. The consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.
The ability of the Company to continue as a going concern is dependent upon its ability to successfully accomplish its business plan and eventually attain profitable operations.
During the next year, the Company’s foreseeable cash requirements will relate primarily to the continued development and expansion of its operating segments, the maintenance of its standing within the industry, and the ongoing execution of its commercial and marketing initiatives. Although management expects to continue strengthening its liquidity position, the Company may experience periods of cash shortfall and could be required to raise additional capital.
During the current year, the Company successfully accessed external financing through the implementation and utilization of an Equity Line of Credit, which has provided incremental funding to support operations and strategic initiatives. Management intends to continue evaluating similar capital-raising alternatives as needed to ensure adequate liquidity. . Historically, the Company has relied upon funds from its stockholders and loans from third parties. Management may raise additional capital through future public or private offerings of the Company's stock or through loans from private investors, although there can be no assurance that it will be able to obtain such financing. The Company's failure to do so could have a material and adverse effect upon its operations and its stockholders.
|