LIQUIDITY AND CAPITAL RESOURCES
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3 Months Ended |
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Mar. 31, 2015
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Notes to Financial Statements | |
LIQUIDITY AND CAPITAL RESOURCES |
NOTE 12 LIQUIDITY AND CAPITAL RESOURCES
As of March 31, 2015, the company believes that it will generate sufficient capital to satisfy working capital requirements for the next 12 months. We project that the Company will need approximately $1,000,000 in additional working capital to meet short term liquidity requirements.
Based on revenue already realized in the first quarter of 2015, revenue projections beyond the 2015 first quarter and the debt that was eliminated in 2014 management believes that it will generate sufficient capital over the next year to fund its operations and has adequately relieved the Company of its going concern. |
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- Definition
Liquidity and Capital Resources Text Block No definition available.
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