Note 2 - Going Concern

6 Months Ended

Jun. 30, 2015

NOTE 2.

GOING CONCERN.

The Company's financial statements are prepared using generally accepted accounting principles in the United States of America applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has not yet established an ongoing source of revenues to cover its operating costs and allow it to continue as a going concern. For the three and six months ended June 30, 2015, the Company incurred a net loss of $444,206 and $918,052, respectively and a net loss attributable to common stockholders of $475,456 and $980,552, respectively. The accumulated deficit at June 30, 2015 totaled $3,475,898. The ability of the Company to continue as a going concern is dependent on raising capital to fund its business plan and ultimately to attain profitable operations. These factors raise substantial doubt about the Company’s ability to continue as a going concern.

The accompanying financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.

ATOMIC PAINTBALL INC 10-Q