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CONDENSED FINANCIAL STATEMENTS
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3 Months Ended |
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Dec. 31, 2013
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| Condensed Financial Statements | |
| CONDENSED FINANCIAL STATEMENTS |
NOTE 1 – CONDENSED FINANCIAL STATEMENTS
The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission (“SEC”) and should be read in conjunction with the audited financial statements and notes thereto included in the Company’s Annual Report on Form 10-K filed with the SEC on December 27, 2013. In the opinion of management, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations, and cash flows at December 31, 2013, and for all periods presented herein, have been made.
Certain information and footnote disclosures that would substantially duplicate disclosures contained in the audited financial statements for the most recent fiscal year as reported in the Form 10-K have been condensed or omitted. The results of operations for the periods ended December 31, 2013 and 2012 are not necessarily indicative of the operating results for the full years.
On June 3, 2013, the Company effected a 1:3 reverse stock split on its shares of common stock. All stock numbers, conversion rates and warrant exercise terms reflect this split and are presented as post-split numbers.
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