The company has no activity since 2012.
Risks and Uncertainties
On January 30, 2020, the World Health Organization ("WHO") announced a global
health emergency because of a new strain of coronavirus (the "COVID-19
outbreak"). In March 2020, the WHO classified the COVID-19 outbreak as a
pandemic, based on the rapid increase in exposure globally. The full impact of
the COVID-19 outbreak continues to evolve. The impact of the COVID-19 outbreak
on the Company's financial position will depend on future developments,
including the duration and spread of the outbreak and related advisories and
restrictions. These developments and the impact of the COVID-19 outbreak on the
financial markets and the overall economy are highly uncertain and cannot be
predicted. If the financial markets and/or the overall economy are impacted for
an extended period, the Company's financial position may be materially adversely
affected. Additionally, the Company's ability to complete its plans may be
materially adversely affected due to significant governmental measures being
implemented to contain the COVID-19 outbreak or treat its impact, including
travel restrictions, the shutdown of businesses and quarantines, among others,
which may limit the Company's ability to have meetings with potential investors
or affect the ability of a potential target company's personnel, vendors and
service providers to negotiate and consummate an initial business plan in a
timely manner. The Company's ability to consummate an initial business plan may
also be dependent on the ability to raise additional equity and debt financing,
which may be impacted by the COVID-19 outbreak and the resulting market
downturn. The financial statements do not include any adjustments that might
result from the outcome of this uncertainty.
Off-Balance Sheet Arrangements
We did not have any off-balance sheet arrangements as of March 31, 2021.
Contractual Obligations
We do not have any long-term debt obligations, capital lease obligations,
operating lease obligations, purchase obligations or other long-term
liabilities.
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