Quarterly report pursuant to Section 13 or 15(d)

Going Concern Consideration

Going Concern Consideration
6 Months Ended
Jun. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Going Concern Consideration (Details Narrative)



The accompanying financial statements have been prepared assuming the Company will continue as a going concern. While working capital (current assets less current liabilities) was negative at June 30, 2017, for the six months then ended, the Company generated positive cash flow from operating activities, and revenues increased to $2.8 million from $1.3 million for the same period a year ago.


During the six months ended June 30, 2017, the Company raised $5.8 million. The Company will need additional funding to fully implement its business plan. An inability to obtain additional funding may have a material adverse effect on the Company and its operations. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.