GOING CONCERN CONSIDERATIONS
3 Months Ended
Mar. 31, 2012
Notes to Financial Statements  
GOING CONCERN CONSIDERATIONS

 

The accompanying consolidated financial statements are prepared assuming the Company will continue as a going concern.  At March 31, 2012, the Company had an accumulated deficit of approximately $14.6 million, and a working capital deficiency of $2,219,333. Additionally, for the three months ended March 31, 2012, the Company incurred net losses of $136,710 and had negative cash flows from operations in the amount of $32,938. The ability of the Company to continue as a going concern is dependent upon increasing sales and obtaining additional capital and financing.    Management intends to attempt to raise additional funds by way of a public or private offering.  While the Company believes in the viability of its strategy to increase sales volume and in its ability to raise additional funds, there can be no assurances to that effect. The Company's limited financial resources have prevented the Company from aggressively advertising its products and services to achieve consumer recognition.