UNCERTAINTY OF ABILITY TO CONTINUE AS A GOING CONCERN	3 Months Ended
Mar. 31, 2012
Notes to Financial Statements
Note 2. UNCERTAINTY OF ABILITY TO CONTINUE AS A GOING CONCERN	The Company's consolidated financial statements are prepared using the generally accepted accounting principles applicable to a going concern, which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The continuation of the Company as a going concern is dependent upon the ability of the Company to obtain necessary equity financing to continue operations and the attainment of profitable operations. As of March 31, 2012 and December 31, 2011, the Company has incurred accumulated deficits totaling $17,963,934 and $17,466,892, with stockholder’s deficiency totaling $17,177,434 and $16,665,331, and its current liabilities exceed its current assets by $1,752,403 and $1,329,556, respectively. For the three months ended March 31, 2012 and 2011, the Company has suffered from net loss of $497,042 and $2,915,013, respectively. These unaudited consolidated financial statements do not include any adjustments relating to the classification of liabilities that might be necessary should the Company be unable to continue as a going concern. These factors noted above raise substantial doubts regarding the Company's ability to continue as a going concern.

UNCERTAINTY OF ABILITY TO CONTINUE AS A GOING CONCERN

3 Months Ended

Mar. 31, 2012

Note 2. UNCERTAINTY OF ABILITY TO CONTINUE AS A GOING CONCERN

The Company's consolidated financial statements are prepared using the generally accepted accounting principles applicable to a going concern, which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The continuation of the Company as a going concern is dependent upon the ability of the Company to obtain necessary equity financing to continue operations and the attainment of profitable operations.

As of March 31, 2012 and December 31, 2011, the Company has incurred accumulated deficits totaling $17,963,934 and $17,466,892, with stockholder’s deficiency totaling $17,177,434 and $16,665,331, and its current liabilities exceed its current assets by $1,752,403 and $1,329,556, respectively. For the three months ended March 31, 2012 and 2011, the Company has suffered from net loss of $497,042 and $2,915,013, respectively. These unaudited consolidated financial statements do not include any adjustments relating to the classification of liabilities that might be necessary should the Company be unable to continue as a going concern. These factors noted above raise substantial doubts regarding the Company's ability to continue as a going concern.

China Executive Education Corp 10-Q