NOTE 2 - LIQUIDITY
The Company expanded its sales during 2013 and expect further growth in 2014 and beyond. As of December 31, 2013, the Company had working capital of approximately $157,000. Of the outstanding current liabilities of $60,024, 94% represent liabilities due to Tom Rickards, the Company’s Chief Executive Officer (See Note 12).
As a result, the Company has sufficient capital resources to meet its projected cash flow requirements to conduct its proposed operations for at least the next 12 months. However, there can be no assurance that additional non-recurring expenses may be incurred during 2014 or that the Company will be successful in completing its business development plan.