GOING CONCERN UNCERTAINTIES	12 Months Ended
Dec. 31, 2016
GOING CONCERN UNCERTAINTIES
GOING CONCERN UNCERTAINTIES	2. GOING CONCERN UNCERTAINTIES The accompanying 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. From its inception, the Company has suffered from continuous losses with an accumulated deficit of $13,409,329 as of December 31, 2016 and experienced negative cash flows from operations. The continuation of the Company as a going concern through December 31, 2016 is dependent upon the continued financial support from its stockholders. Management believes the Company is currently pursuing additional financing for its operations. However, there is no assurance that the Company will be successful in securing sufficient funds to sustain the operations. These and other factors raise substantial doubt about the Company’s ability to continue as a going concern. These 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

12 Months Ended

Dec. 31, 2016

GOING CONCERN UNCERTAINTIES

The accompanying 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.

From its inception, the Company has suffered from continuous losses with an accumulated deficit of $13,409,329 as of December 31, 2016 and experienced negative cash flows from operations. The continuation of the Company as a going concern through December 31, 2016 is dependent upon the continued financial support from its stockholders. Management believes the Company is currently pursuing additional financing for its operations. However, there is no assurance that the Company will be successful in securing sufficient funds to sustain the operations.

These and other factors raise substantial doubt about the Company’s ability to continue as a going concern. These 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-K