Note 1 - Organization and Basis of Presentation

12 Months Ended

Dec. 31, 2015

Notes

Note 1 - Organization and Basis of Presentation

Note 1 – Organization and Basis of Presentation

Organization, Nature of Business

Tonner-One World Holdings, Inc. (the "Company"), a Nevada Corporation, is a Houston based company focused on doll design and marketing. Substantially all of the Company's operations are conducted through its wholly owned subsidiary, The One World Doll Project, Inc. (a Texas Corporation - "OWDPI"). OWDPI began operations on October 1, 2010, and in October 2013 commenced sales of dolls. National Fuel and Energy, Inc. (a Texas Corporation) is a wholly owned subsidiary of the Company that has been dormant since its inception on October 1, 2010. On March 3, 2016, the Board of Directors and the holders of a majority of the voting power of the Company voted to change the name of the Company from One World Holdings, Inc. to Tonner-One World Holdings, Inc. The name change became effective April 8, 2016.