GOING CONCERN UNCERTAINTIES	9 Months Ended
Sep. 30, 2015
GOING CONCERN UNCERTAINTIES
GOING CONCERN UNCERTAINTIES	NOTE-3 GOING CONCERN UNCERTAINTIES The accompanying condensed consolidated financial statements have been prepared using the going concern basis of accounting, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. For the period ended September 30, 2015, the Company has experienced a continuous loss of $109,046 with an accumulated deficit of $13,253,589 as of that date. The continuation of the Company as a going concern through September 30, 2016 is dependent upon the continued financial support from its stockholders. Management believes this funding will continue, and is also actively seeking new investors. Management believes the existing stockholders will provide the additional cash to meet the Company’s obligations as they become due, and will allow its planned principal business to commence and assembly the production lines of mobile handsets and components in the PRC. These factors raise substantial doubt about the Company’s ability to continue as a going concern. These condensed consolidated financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets and liabilities that may result in the Company not being able to continue as a going concern.

GOING CONCERN UNCERTAINTIES

9 Months Ended

Sep. 30, 2015

NOTE-3

GOING CONCERN UNCERTAINTIES

The accompanying condensed consolidated financial statements have been prepared using the going concern basis of accounting, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business.

For the period ended September 30, 2015, the Company has experienced a continuous loss of $109,046 with an accumulated deficit of $13,253,589 as of that date. The continuation of the Company as a going concern through September 30, 2016 is dependent upon the continued financial support from its stockholders. Management believes this funding will continue, and is also actively seeking new investors. Management believes the existing stockholders will provide the additional cash to meet the Company’s obligations as they become due, and will allow its planned principal business to commence and assembly the production lines of mobile handsets and components in the PRC.

These factors raise substantial doubt about the Company’s ability to continue as a going concern. These condensed consolidated financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets and liabilities that may result in the Company not being able to continue as a going concern.

INNOCOM TECHNOLOGY HOLDINGS, INC. 10-Q