Going Concern	9 Months Ended
Jun. 30, 2018
Notes to Financial Statements
Note 2 - Going Concern	These financial statements for the nine months ended June 30, 2018 were prepared assuming the Company will continue as a going concern. During the nine months ended June 30, 2018, the Company had a loss from operations of $296,118, negative working capital of $1,232,769 and has an accumulated deficit of $12,052,461 at June 30, 2018. These factors raise a substantial doubt about the company’s ability to continue as a going concern. In view of the matters described above, recoverability of a major portion of the recorded asset amounts shown in the accompanying balance sheets is dependent upon continued operations of the Company, which in turn is dependent upon the Company's ability to raise additional capital, obtain financing and to succeed in its future operations. The financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. The Company has begun principal operations and, as is common with a start-up company, the Company has had recurring losses during its early stage. The Company's financial statements are prepared using 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. However, the Company does not have significant cash or other material assets, nor does it have an established source of revenue sufficient to cover its operating costs and to allow it to continue as a going concern. In the interim, shareholders of the Company have committed to meeting its minimal operating expenses.

Going Concern

9 Months Ended

Jun. 30, 2018

These financial statements for the nine months ended June 30, 2018 were prepared assuming the Company will continue as a going concern. During the nine months ended June 30, 2018, the Company had a loss from operations of $296,118, negative working capital of $1,232,769 and has an accumulated deficit of $12,052,461 at June 30, 2018. These factors raise a substantial doubt about the company’s ability to continue as a going concern. In view of the matters described above, recoverability of a major portion of the recorded asset amounts shown in the accompanying balance sheets is dependent upon continued operations of the Company, which in turn is dependent upon the Company's ability to raise additional capital, obtain financing and to succeed in its future operations. The financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

The Company has begun principal operations and, as is common with a start-up company, the Company has had recurring losses during its early stage. The Company's financial statements are prepared using 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. However, the Company does not have significant cash or other material assets, nor does it have an established source of revenue sufficient to cover its operating costs and to allow it to continue as a going concern. In the interim, shareholders of the Company have committed to meeting its minimal operating expenses.

Renewable Energy & Power, Inc. 10-Q