Quarterly report pursuant to Section 13 or 15(d)

Management's Liquidity Plan

v3.21.1
Management's Liquidity Plan
3 Months Ended
Mar. 31, 2021
Managements Liquidity Plan  
Management's Liquidity Plan

Note 2 – Management’s Liquidity Plan

 

The accompanying unaudited condensed financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business.

 

Although we expect to continue incurring losses for the foreseeable future, may never earn revenues large enough to support operations, and may need to raise additional capital to sustain operations, pursue product development initiatives, and penetrate markets for the sale of products, Management believes that our capital resources at March 31, 2021, are sufficient to meet our obligations as they become due within one year after the date of this interim filing, and sustain operations.