NOTE 2 — GOING CONCERN

 

As of December 31, 2017, the Company has incurred cumulative net losses from its inception of approximately $40 million and has incurred a loss in 2017 of approximately $8 million. These circumstances raise substantial doubt as to the Company’s ability to continue as a going concern. The financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or amounts of liabilities that might be necessary should the Company be unable to continue in existence.