There is no historical financial information about us upon which to base an evaluation of our performance. We are in start-up stage operations and have not generated any revenues. We cannot guarantee we will be successful in our business operations. Our business is subject to risks inherent in the establishment of a new business enterprise, including limited capital resources and possible cost overruns due to price and cost increases in services and products.
We have no assurance that future financing will be available to us on acceptable terms. If financing is not available on satisfactory terms, we may be unable to continue, develop or expand our operations. Equity financing could result in additional dilution to existing shareholders.
The extent of the impact of the coronavirus ("COVID19") outbreak on the financial performance of the Company will depend on future developments, including the duration and spread of the outbreak and related advisories and restrictions and the impact of COVID19 on the overall economy, all of which are highly uncertain and cannot be predicted. If the overall economy is impacted for an extended period, the Company's future operating results may be materially adversely affected.
Results of Operations
For three months ended
The Company has not generated revenues for the three months ended
Our net loss for the three months ended
As of
LIQUIDITY AND CAPITAL RESOURCES
As of
As of
Cash Flows from Operating Activities
We have not generated positive cash flows from operating activities for the
three months ended
Cash Flows from Investing Activities
We have not generated cash flows from investing activities for the three months
ended
Cash Flows from Financing Activities
We have financed our operations primarily from either advancements or the
issuance of equity and debt instruments. For the three months ended
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