BOREAL PRODUCTIONS INC. | 2013 | FY | 3


NOTE 3 - GOING CONCERN

 

The accompanying financial statements are presented on a going concern basis.  The Company had no operations during the period from September 24, 2007 (date of inception) to September 30, 2013 and generated a net loss of $83,407.  This condition raises substantial doubt about the Company’s ability to continue as a going concern.  Even though the Company is currently in the development stage and has minimal expenses, management does not believe that the company’s current cash of $476 is sufficient to cover the expenses they will incur during the next twelve months.

 


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