Duos Technologies Group, Inc. Annual report pursuant to section 13 and 15(d)

Annual report pursuant to section 13 and 15(d)

Note 2 - Going Concerns

Note 2 - Going Concerns	12 Months Ended
Dec. 31, 2011
Notes to Financial Statements
Note 2 - Going Concerns	NOTE 2 – GOING CONCERN As reflected in the accompanying financial statements, the Company had a net operating loss for the year ended December 31, 2011 of $893,923. The total accumulated deficit as of December 31, 2011 was $3,511,200. The ability of the Company to continue as a going concern is dependent on the Company’s ability to further implement its business plan and raise capital. The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.

Note 2 - Going Concerns

12 Months Ended

Dec. 31, 2011

NOTE 2 – GOING CONCERN

As reflected in the accompanying financial statements, the Company had a net operating loss for the year ended December 31, 2011 of $893,923. The total accumulated deficit as of December 31, 2011 was $3,511,200. The ability of the Company to continue as a going concern is dependent on the Company’s ability to further implement its business plan and raise capital. The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.