Sealand Natural Resources Inc | 2013 | FY | 3


Development Stage Enterprise

 

The Company's financial statements are prepared pursuant to the provisions of Topic 26, "Accounting for Development Stage Enterprises," as it devotes substantially all of its efforts to acquiring and developing functional beverages that will eventually provide sufficient net profits to sustain the Company's existence. Until such interests are engaged in major commercial production, the Company will continue to prepare its financial statements and related disclosures in accordance with entities in the development stage.


us-gaap:DevelopmentStageEnterpriseGeneralDisclosuresTextBlock