Going Concern	3 Months Ended
Mar. 31, 2016
Notes to Financial Statements
Note 2 - Going Concern	As shown in the accompanying financial statements, the Company incurred net losses from operations resulting in an accumulated deficit of $3,313,698, and a working capital deficit of $1,380,501 as of March 31, 2016. These factors raise substantial doubt about the Company’s ability to continue as a going concern. The Company is currently in search of additional sources of capital to fund short term operations. The Company, however, is dependent upon its ability to secure equity and/or debt financing and there are no assurances that the Company will be successful; therefore, without sufficient financing it would be unlikely for the Company to continue as a going concern. The financial statements do not include any adjustments that might result from the outcome of any uncertainty as to the Company’s ability to continue as a going concern. The financial statements also do not include any adjustments relating to the recoverability and classification of recorded asset amounts, or amounts and classifications of liabilities that might be necessary should the Company be unable to continue as a going concern.

Going Concern

3 Months Ended

Mar. 31, 2016

As shown in the accompanying financial statements, the Company incurred net losses from operations resulting in an accumulated deficit of $3,313,698, and a working capital deficit of $1,380,501 as of March 31, 2016. These factors raise substantial doubt about the Company’s ability to continue as a going concern. The Company is currently in search of additional sources of capital to fund short term operations. The Company, however, is dependent upon its ability to secure equity and/or debt financing and there are no assurances that the Company will be successful; therefore, without sufficient financing it would be unlikely for the Company to continue as a going concern.

The financial statements do not include any adjustments that might result from the outcome of any uncertainty as to the Company’s ability to continue as a going concern. The financial statements also do not include any adjustments relating to the recoverability and classification of recorded asset amounts, or amounts and classifications of liabilities that might be necessary should the Company be unable to continue as a going concern.

Novagen Ingenium Inc. 10-Q