GOING CONCERN	3 Months Ended
Feb. 28, 2018
Notes to Financial Statements
NOTE 3 - GOING CONCERN	The accompanying financial statements have been prepared on a going concern basis which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. As shown in the financial statements, during the three months ended February 28, 2018, the Company incurred a net loss attributable to common shareholders of $115,756, and has an accumulated deficit of $332,077. If the Company is unable to generate profits and is unable to continue to obtain financing for its working capital requirements, it may have to curtail its business sharply or cease business altogether. These factors raise substantial doubt about the Company’s ability to continue as a going concern. The financial statements do not include any adjustment relating to the recoverability and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. The Company is taking certain steps to provide the necessary capital to continue its operations. These steps include, but are not limited to: 1) minimize the need for capital at this stage; 2) raising equity financing; 3) continuous focus on reductions in costs, where possible, and 4) implement a new business model.

GOING CONCERN

3 Months Ended

Feb. 28, 2018

The accompanying financial statements have been prepared on a going concern basis which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. As shown in the financial statements, during the three months ended February 28, 2018, the Company incurred a net loss attributable to common shareholders of $115,756, and has an accumulated deficit of $332,077. If the Company is unable to generate profits and is unable to continue to obtain financing for its working capital requirements, it may have to curtail its business sharply or cease business altogether. These factors raise substantial doubt about the Company’s ability to continue as a going concern.

The financial statements do not include any adjustment relating to the recoverability and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

The Company is taking certain steps to provide the necessary capital to continue its operations. These steps include, but are not limited to: 1) minimize the need for capital at this stage; 2) raising equity financing; 3) continuous focus on reductions in costs, where possible, and 4) implement a new business model.

Global Smart Capital Corp. 10-Q