| 3. | Going Concern |
The accompanying 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. We have begun operations but have not generated significant revenue to date. These conditions give rise to doubt about our ability to continue as a going concern. These financial statements do not include adjustments relating to the recoverability and classification of reported asset amounts or the amount and classification of liabilities that might be necessary should we be unable to continue as a going concern. Our continuation as a going concern is dependent upon our ability to obtain additional financing and to generate profits and positive cash flow. We will require a cash injection of $1,000,000 over the next twelve months to continue to grow our business.
In December of 2013 we offered 2,000,000 units (each a “Unit”) at $0.25 per Unit to raise an additional $500,000. Each Unit contained one common share and one common share purchase warrant exercisable at $0.50 per share for one year. We raised $202,500 as at December 31, 2013 and a further $182,500 subsequently. We have issued these shares and warrants and have closed this offering.