Quarterly report pursuant to Section 13 or 15(d)

LIQUIDITY AND CAPITAL RESOURCES

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LIQUIDITY AND CAPITAL RESOURCES
3 Months Ended
Mar. 31, 2015
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.