Our accountants have raised substantial doubt with respect to our ability to continue as a going concern.As noted in our financial statements, we have incurred a net loss of $16,662,828 for the period from inception on March 6, 2000 to December 31, 2009 and have no present source of revenue. At December 31, 2009, we had a working capital deficiency of $14,807,730. As of December 31, 2009, we had cash and cash equivalents in the amount of US $205,125. We will have to raise additional funds to meet our currently budgeted operating requirements for the next twelve months.The audit report of James Stafford, Inc., Chartered Accountants, for the fiscal year ended December 31, 2009 and 2008 contained a paragraph that emphasizes the substantial doubt as to our continuance as a going concern. This is a significant risk that we may not be able to generate and/or raise enough resources to remain operational for an indefinite period of time.
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