0001002014-16-000808.txt : 20161220 0001002014-16-000808.hdr.sgml : 20161220 20161220163912 ACCESSION NUMBER: 0001002014-16-000808 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 5 CONFORMED PERIOD OF REPORT: 20161031 FILED AS OF DATE: 20161220 DATE AS OF CHANGE: 20161220 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Amazing Energy Oil & Gas, Co. CENTRAL INDEX KEY: 0001375618 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 820290112 STATE OF INCORPORATION: NV FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 000-52392 FILM NUMBER: 162061749 BUSINESS ADDRESS: STREET 1: 701 SOUTH TAYLOR STREET STREET 2: SUITE 470, LB 113 CITY: AMARILLO STATE: TX ZIP: 79101 BUSINESS PHONE: 855-448-1922 MAIL ADDRESS: STREET 1: 701 SOUTH TAYLOR STREET STREET 2: SUITE 470, LB 113 CITY: AMARILLO STATE: TX ZIP: 79101 FORMER COMPANY: FORMER CONFORMED NAME: GOLD CREST MINES INC DATE OF NAME CHANGE: 20060915 10-Q 1 amaz10q-10312016.htm AMAZING ENERGY OIL AND GAS, CO. FORM 10-Q (10/31/2016)






SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM 10-Q

[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended:
October 31, 2016

[   ] TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934

Commission File Number: 000-52392

AMAZING ENERGY OIL AND GAS, CO.
(Exact name of registrant as specified in its charter)

Nevada
82-0290112
(State or other jurisdiction of incorporation)
(I.R.S. Employer Identification Number)

701 S Taylor Street
Suite 470, LB 113
Amarillo, Texas 79101
(Address of principal executive office)

Registrant's telephone number, including area code: (806) 322-1922

Indicate by check mark whether the Registrant (i) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter period that the Registrant was required to file such reports), and (ii) has been subject to such filing requirements for the past 90 days.     YES [X]     NO [   ]

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (SS 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).     YES [X]     NO [   ]

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of "large accelerated filer," "accelerated filer," "non-accelerated filer," and "smaller reporting company" in Rule 12b-2 of the Exchange Act.

Large Accelerated Filer
[   ]
Accelerated Filer
[   ]
Non-accelerated Filer
(Do not check if smaller reporting company)
[   ]
Smaller Reporting Company
[X]

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). YES [   ]     NO [X]

State the number of shares outstanding of each of the issuer's classes of common equity, as of the latest practicable date: 64,941,754 as of December 19, 2016.
 





AMAZING ENERGY OIL AND GAS, CO.

TABLE OF CONTENTS

FINANCIAL INFORMATION
Page
     
Financial Statements (unaudited)
3
       
       
Management's Discussion and Analysis of Our Financial Condition and Results of Operations
3
     
Quantitative and Qualitative Disclosures About Market Risk
3
     
Controls and Procedures
3
     
OTHER INFORMATION
4
     
Legal Proceedings
4
     
Risk Factors
4
     
Unregistered Sales of Equity Securities and Use of Proceeds
4
     
Defaults Upon Senior Securities
4
     
Mine Safety Disclosures
4
     
Other Information
5
     
Exhibits
5
     
7
   
8






PART I

ITEM 1.
FINANCIAL STATEMENTS.

This Form 10-Q does not contain Financial Statements or Management's Discussion and Analysis of Our Financial Condition and Results of Operations because we have not completed the preparation of our financial statements for the quarter ended October 31, 2016.  We will amend this Form 10-Q as soon as we have prepared the required financial statements and the same have been reviewed by our auditors as required by Item 8.03 of Reg. S-X.


ITEM 2.
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.

This Form 10-Q does not contain Financial Statements or Management's Discussion and Analysis of Our Financial Condition and Results of Operations because we have not completed the preparation of our financial statements for the quarter ended October 31, 2016.  We will amend this Form 10-Q as soon as we have prepared the required financial statements and the same have been reviewed by our auditors as required by Item 8.03 of Reg. S-X.


ITEM 3.
QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.

We are a smaller reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and are not required to provide the information under this item.


ITEM 4.
CONTROLS AND PROCEDURES.

Our management is responsible for establishing and maintaining adequate internal control over financial reporting. Internal control over financial reporting is defined in Rule 13a-15(f) or 15d-15(f) promulgated under the Securities Exchange Act of 1934 as a process designed by, or under the supervision of, the company's principal executive and principal financial officers and effected by the company's board of directors, management and other personnel, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with accounting principles generally accepted in the United States of America and includes those policies and procedures that Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. All internal control systems, no matter how well designed, have inherent limitations. Therefore, even those systems determined to be effective can provide only reasonable assurance with respect to financial statement preparation and presentation. Because of the inherent limitations of internal control, there is a risk that material misstatements may not be prevented or detected on a timely basis by internal control over financial reporting. However, these inherent limitations are known features of the financial reporting process. Therefore, it is possible to design into the process safeguards to reduce, though not eliminate, this risk. As of October 31, 2016, management assessed the effectiveness of our internal control over financial reporting based on the criteria for effective internal control over financial reporting established in Internal Control-Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission ("COSO") and SEC guidance on conducting such assessments. Based on that evaluation, they concluded that, during the period covered by this report, such internal controls and procedures were not effective to detect the inappropriate application of US GAAP rules as more fully described below. This was because we did not have sufficient personnel in our accounting and financial reporting functions.  As a result, we were not able to achieve adequate segregation of duties and were not able to provide for adequate review of financial information, particularly our lack of a sufficient number of accounting staff with experience in public company SEC reporting and technical expertise. This control deficiency, which is pervasive in nature, results in a reasonable possibility that material misstatements of the financial statements will not be prevented or detected on a timely basis. The aforementioned material weakness was identified by our management in connection with the review of our financial statements for the period ended October 31, 2016.

Management of the company believes that these material weaknesses are due to the small size of the company's accounting staff.  The small size of the company's accounting staff may prevent adequate controls in the future, such as segregation of duties, due to the cost/benefit of such remediation.  To mitigate the current limited resources and limited employees, we rely heavily on direct management oversight of transactions, along with the use of external legal and accounting professionals.  As we grow, we expect to increase our number of employees, which will enable us to implement adequate segregation of duties within the internal control framework.

CEO and CFO Certifications

Appearing immediately following the Signatures section of this report there are Certifications of the CEO and the CFO. The Certifications are required in accordance with Section 302 of the Sarbanes-Oxley Act of 2002 (the Section 302 Certifications). This Item of this report which you are currently reading is the information concerning the Evaluation referred to in the Section 302 Certifications and this information should be read in conjunction with the Section 302 Certifications for a more complete understanding of the topics presented.
Changes in Internal Control over Financial Reporting

There were no changes in our internal control over financial reporting during the quarter ended October 31, 2016, that has affected, or are reasonably likely to affect, our internal control over financial reporting.


PART II

ITEM 1.
LEGAL PROCEEDINGS.

None.


ITEM 1A.
RISK FACTORS.

We are a smaller reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and are not required to provide the information under this item.


ITEM 2.
UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.

During the quarter ended October 31, 2016, we issued 4,985,374 restricted shares of common stock to 23 individuals.  The shares were issued pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended.  Each purchaser was furnished with the same information that can be found in Part I of a Form S-1 Registration Statement and is a "sophisticated investor" as that term is defined in the rules, regulations, and opinions of the Securities and Exchange Commission.


ITEM 3.
DEFAULTS UPON SENIOR SECURITIES.

None.


ITEM 4.
MINE SAFETY SECURITIES.

Not Applicable


ITEM 5.
OTHER INFORMATION.

During the quarter ended October 31, 2016, we issued 4,985,374 restricted shares of common stock to 23 individuals.  The shares were issued pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended.  Each purchaser was furnished with the same information that can be found in Part I of a Form S-1 Registration Statement and is a "sophisticated investor" as that term is defined in the rules, regulations, and opinions of the Securities and Exchange Commission.  The foregoing shares accounted for 7.69% of our total outstanding shares.  We failed to file a Form 8-K in conjunction therewith as required by Item 3.02 of Form 8-K.

ITEM 6.
EXHIBITS.

 
 
Incorporated by Reference
 
Exhibit
Number
Description of Document
Form
Date
Number
Filed
herewith
2.1
Articles of Merger dated October 15, 2014
8-K
10/17/14
2.1
 
3.1
Articles of Incorporation for Silver Crest Mines, Inc. dated September 11, 1968
10-SB12G
01/08/07
3.1
 
3.2
Articles of Merger of Domestic Corporations into Silver Crest Mines, Inc. dated December 20, 1982
10-SB12G
01/08/07
3.2
 
3.3
Articles of Incorporation of Silver Crest Resources, Inc. dated January 28, 2003
10-SB12G
01/08/07
3.3
 
3.4
Articles of Merger between Silver Crest Mines, Inc. into Silver Crest Resources, Inc. as filed in Nevada dated June 11, 2003
10-SB12G
01/08/07
3.4
 
3.5
Articles of Merger between Silver Crest Mines, Inc. into Silver Crest Resources, Inc. as filed in Idaho dated June 11, 2003
10-SB12G
01/08/07
3.5
 
3.6
Articles of Exchange of Niagara Mining and Development Company, Inc., and Silver Crest Resources, Inc. as filed in Nevada dated August 4, 2006
10-SB12G
01/08/07
3.6
 
3.7
Articles of Exchange of Niagara Mining and Development Company, Inc., and Silver Crest Resources, Inc. as filed in Idaho dated August 4, 2006
10-SB12G
01/08/07
3.7
 
3.8
Certificate of Amendment to Articles of Incorporation for a Nevada Corporation dated August 14, 2006
10-SB12G
01/08/07
3.8
 
3.9
Articles of Incorporation for Kisa Gold Mining, Inc. dated July 28, 2006
10-SB12G
01/08/07
3.9
 
3.10
Articles of Incorporation for Niagara Mining and Development Company, Inc. dated January 11, 2005
10-SB12G
01/08/07
3.10
 
3.11
Amended Bylaws adopted September 12, 2007
10-KSB
03/26/08
3.11
 
3.12
Articles of Incorporation – Amazing Energy, Inc.
10-K
11/13/15
3.12
 
3.13
Bylaws – Amazing Energy, Inc.
10-K
11/13/15
3.13
 
3.14
Articles of Organization – Amazing Energy LLC
10-K
11/13/15
3.14
 
3.15
Operating Agreement – Amazing Energy LLC
10-K
11/13/15
3.15
 
3.16
Articles of Incorporation – Gulf South Securities, Inc.
10-K
11/14/16
3.16
 
3.17
Bylaws of Gulf South Securities, Inc.
10-K
11/14/16
3.17
 
3.18
Articles of Incorporation – Jilpetco, Inc.
10-K
11/14/16
3.18
 
3.19
Bylaws of Jilpetco, Inc.
10-K
11/14/16
3.19
 
10.1
Employment Contract of Thomas H. Parker
10-SB12G/A
08/06/07
3.11
 
10.2
Employment Contract of Chris Dail
10-SB12G
07/08/07
10
 
10.3
Option and Royalty Sales Agreement between Gold Crest Mines, Inc. and the heirs of the Estate of J.J. Oberbillig
10-KSB
03/26/08
10.3
 
10.4
Option and Real Property Sales Agreement between Gold Crest Mines, Inc. and JJO, LLC, an Idaho limited liability company and personal representative of the Estate of J.J. Oberbillig
10-KSB
03/26/08
10.4
 
10.5
Mining Lease and Option to Purchase Agreement dated March 31, 2008, between Gold Crest Mines, Inc. and Bradley Mining Company, a California Corporation
10-Q
08/11/08
10.5
 


10.6
Golden Lynx, LLC, Limited Liability Company Agreement dated April 18, 2008, between Kisa Gold Mining, Inc. and Cougar Gold LLC
10-Q
08/11/08
10.6
 
10.7
AKO Venture Agreement dated May 5, 2008, between Kisa Gold Mining, Inc. and Newmont North America Exploration Limited, a Delaware Corporation
10-Q
08/11/08
10.7
 
10.8
Luna Venture Agreement dated May 5, 2008, between Kisa Gold Mining, Inc. and Newmont North America Exploration Limited, a Delaware Corporation
10-Q
08/11/08
10.8
 
10.9
Chilly Venture Agreement dated May 5, 2008, between Kisa Gold Mining, Inc. and Newmont North America Exploration Limited, a Delaware Corporation
10-Q
08/11/08
10.9
 
10.10
Purchase Agreement dated March 13, 2009, between Gold Crest Mines, Inc. and Frank Duval
10-K
03/25/09
10.9
 
10.11
Master Earn-In Agreement dated March 28, 2011, between Kisa Gold Mining, Inc. and North Fork LLC
10-Q
05/18/11
10.1
 
10.12
Terms Sheet and Loan Agreement and amendments thereto between Kisa Gold Mining, Inc. and Afranex Gold Limited
10-KSB
04/17/13
10.12
 
10.13
Amendment to Terms Sheet and Loan Agreement between Kisa Gold Mining, Inc. and Afranex Gold Limited
10-Q
08/14/13
10.1
 
10.14
Change in Control Agreement with certain shareholders of Amazing Energy, Inc.
8-K
10/08/14
10.1
 
10.15
Stock Exchange Agreement with Jilpetco, Inc. dated 8-10-2015
8-K
08/12/15
10.1
 
10.16
Termination of Stock Exchange Agreement
10-Q
12/15/15
10.1
 
10.17
Agreement with Delaney Equity Group, LLC
10-Q
03/16/16
10.17
 
10.18
Agreement with Gulf South Holdings, Inc.
8-K
04/20/16
10.1
 
10.19
Agreement with Jed Miesner
8-K
04/20/16
10.2
 
10.20
Amendment No. 1 to Agreement with Gulf South Holdings, Inc.
8-K/A
04/29/16
10.1
 
10.21
Amendment No. 2 to Agreement with Gulf South Holdings, Inc.
8-K/A-2
07/22/16
10.1
 
10.22
Amended Agreement with Jilpetco, Inc.
8-K/A-5
08/29/16
10.2
 
14.1
Code of Conduct and Ethics of Gold Crest Mines, Inc. adopted March 3, 2008
8-K
03/03/08
14.1
 
21.1
Subsidiaries of the Issuer
10-K
11/14/16
21.1
 
Certification of Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
     
X
Certification of Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
     
X
Certification of Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
     
X
Certification of Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
     
X
99.1
Gold Crest Mines, Inc., 2007 Stock Plan
10-SB12G/A
08/06/07
99
 
99.2
Audited Financial Statements of Amazing Energy, Inc. for the period ended July 31, 2014 and 2013
8-K
03/18/15
99.1
 
99.3
Unaudited Financial Statements of Amazing Energy, Inc. for the period ended January 31, 2015
8-K
03/18/15
99.2
 
99.4
Unaudited Pro Forma Consolidated Financial Statements
8-K
03/18/15
99.3
 
101.INS
XBRL Instance Document
       
101.SCH
XBRL Taxonomy Extension – Schema
       
101.CAL
XBRL Taxonomy Extension – Calculation
       
101.DEF
XBRL Taxonomy Extension – Definition
       
101.LAB
XBRL Taxonomy Extension – Label
       
101.PRE
XBRL Taxonomy Extension – Presentation
       


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized on December 20, 2016.

 
AMAZING ENERGY OIL AND GAS, CO.
     
 
By:
ART SELIGMAN
   
Art Seligman
   
Chief Executive Officer
     
     
 
By:
DAN N. DENTON
   
Dan N. Denton
   
Chief Financial Officer










EXHIBIT INDEX

 
 
Incorporated by Reference
 
Exhibit
Number
Description of Document
Form
Date
Number
Filed
herewith
2.1
Articles of Merger dated October 15, 2014
8-K
10/17/14
2.1
 
3.1
Articles of Incorporation for Silver Crest Mines, Inc. dated September 11, 1968
10-SB12G
01/08/07
3.1
 
3.2
Articles of Merger of Domestic Corporations into Silver Crest Mines, Inc. dated December 20, 1982
10-SB12G
01/08/07
3.2
 
3.3
Articles of Incorporation of Silver Crest Resources, Inc. dated January 28, 2003
10-SB12G
01/08/07
3.3
 
3.4
Articles of Merger between Silver Crest Mines, Inc. into Silver Crest Resources, Inc. as filed in Nevada dated June 11, 2003
10-SB12G
01/08/07
3.4
 
3.5
Articles of Merger between Silver Crest Mines, Inc. into Silver Crest Resources, Inc. as filed in Idaho dated June 11, 2003
10-SB12G
01/08/07
3.5
 
3.6
Articles of Exchange of Niagara Mining and Development Company, Inc., and Silver Crest Resources, Inc. as filed in Nevada dated August 4, 2006
10-SB12G
01/08/07
3.6
 
3.7
Articles of Exchange of Niagara Mining and Development Company, Inc., and Silver Crest Resources, Inc. as filed in Idaho dated August 4, 2006
10-SB12G
01/08/07
3.7
 
3.8
Certificate of Amendment to Articles of Incorporation for a Nevada Corporation dated August 14, 2006
10-SB12G
01/08/07
3.8
 
3.9
Articles of Incorporation for Kisa Gold Mining, Inc. dated July 28, 2006
10-SB12G
01/08/07
3.9
 
3.10
Articles of Incorporation for Niagara Mining and Development Company, Inc. dated January 11, 2005
10-SB12G
01/08/07
3.10
 
3.11
Amended Bylaws adopted September 12, 2007
10-KSB
03/26/08
3.11
 
3.12
Articles of Incorporation – Amazing Energy, Inc.
10-K
11/13/15
3.12
 
3.13
Bylaws – Amazing Energy, Inc.
10-K
11/13/15
3.13
 
3.14
Articles of Organization – Amazing Energy LLC
10-K
11/13/15
3.14
 
3.15
Operating Agreement – Amazing Energy LLC
10-K
11/13/15
3.15
 
3.16
Articles of Incorporation – Gulf South Securities, Inc.
10-K
11/14/16
3.16
 
3.17
Bylaws of Gulf South Securities, Inc.
10-K
11/14/16
3.17
 
3.18
Articles of Incorporation – Jilpetco, Inc.
10-K
11/14/16
3.18
 
3.19
Bylaws of Jilpetco, Inc.
10-K
11/14/16
3.19
 
10.1
Employment Contract of Thomas H. Parker
10-SB12G/A
08/06/07
3.11
 
10.2
Employment Contract of Chris Dail
10-SB12G
07/08/07
10
 
10.3
Option and Royalty Sales Agreement between Gold Crest Mines, Inc. and the heirs of the Estate of J.J. Oberbillig
10-KSB
03/26/08
10.3
 
10.4
Option and Real Property Sales Agreement between Gold Crest Mines, Inc. and JJO, LLC, an Idaho limited liability company and personal representative of the Estate of J.J. Oberbillig
10-KSB
03/26/08
10.4
 
10.5
Mining Lease and Option to Purchase Agreement dated March 31, 2008, between Gold Crest Mines, Inc. and Bradley Mining Company, a California Corporation
10-Q
08/11/08
10.5
 
10.6
Golden Lynx, LLC, Limited Liability Company Agreement dated April 18, 2008, between Kisa Gold Mining, Inc. and Cougar Gold LLC
10-Q
08/11/08
10.6
 
10.7
AKO Venture Agreement dated May 5, 2008, between Kisa Gold Mining, Inc. and Newmont North America Exploration Limited, a Delaware Corporation
10-Q
08/11/08
10.7
 
10.8
Luna Venture Agreement dated May 5, 2008, between Kisa Gold Mining, Inc. and Newmont North America Exploration Limited, a Delaware Corporation
10-Q
08/11/08
10.8
 


10.9
Chilly Venture Agreement dated May 5, 2008, between Kisa Gold Mining, Inc. and Newmont North America Exploration Limited, a Delaware Corporation
10-Q
08/11/08
10.9
 
10.10
Purchase Agreement dated March 13, 2009, between Gold Crest Mines, Inc. and Frank Duval
10-K
03/25/09
10.9
 
10.11
Master Earn-In Agreement dated March 28, 2011, between Kisa Gold Mining, Inc. and North Fork LLC
10-Q
05/18/11
10.1
 
10.12
Terms Sheet and Loan Agreement and amendments thereto between Kisa Gold Mining, Inc. and Afranex Gold Limited
10-KSB
04/17/13
10.12
 
10.13
Amendment to Terms Sheet and Loan Agreement between Kisa Gold Mining, Inc. and Afranex Gold Limited
10-Q
08/14/13
10.1
 
10.14
Change in Control Agreement with certain shareholders of Amazing Energy, Inc.
8-K
10/08/14
10.1
 
10.15
Stock Exchange Agreement with Jilpetco, Inc. dated 8-10-2015
8-K
08/12/15
10.1
 
10.16
Termination of Stock Exchange Agreement
10-Q
12/15/15
10.1
 
10.17
Agreement with Delaney Equity Group, LLC
10-Q
03/16/16
10.17
 
10.18
Agreement with Gulf South Holdings, Inc.
8-K
04/20/16
10.1
 
10.19
Agreement with Jed Miesner
8-K
04/20/16
10.2
 
10.20
Amendment No. 1 to Agreement with Gulf South Holdings, Inc.
8-K/A
04/29/16
10.1
 
10.21
Amendment No. 2 to Agreement with Gulf South Holdings, Inc.
8-K/A-2
07/22/16
10.1
 
10.22
Amended Agreement with Jilpetco, Inc.
8-K/A-5
08/29/16
10.2
 
14.1
Code of Conduct and Ethics of Gold Crest Mines, Inc. adopted March 3, 2008
8-K
03/03/08
14.1
 
21.1
Subsidiaries of the Issuer
10-K
11/14/16
21.1
 
Certification of Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
     
X
Certification of Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
     
X
Certification of Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
     
X
Certification of Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
     
X
99.1
Gold Crest Mines, Inc., 2007 Stock Plan
10-SB12G/A
08/06/07
99
 
99.2
Audited Financial Statements of Amazing Energy, Inc. for the period ended July 31, 2014 and 2013
8-K
03/18/15
99.1
 
99.3
Unaudited Financial Statements of Amazing Energy, Inc. for the period ended January 31, 2015
8-K
03/18/15
99.2
 
99.4
Unaudited Pro Forma Consolidated Financial Statements
8-K
03/18/15
99.3
 
101.INS
XBRL Instance Document
       
101.SCH
XBRL Taxonomy Extension – Schema
       
101.CAL
XBRL Taxonomy Extension – Calculation
       
101.DEF
XBRL Taxonomy Extension – Definition
       
101.LAB
XBRL Taxonomy Extension – Label
       
101.PRE
XBRL Taxonomy Extension – Presentation
       







9
EX-31.1 2 exh31-1.htm SARBANES-OXLEY 302 CERTIFICATION - PRINCIPAL EXECUTIVE OFFICER
Exhibit 31.1

SARBANES-OXLEY SECTION 302(a) CERTIFICATION

I, Art Seligman, certify that:

1.
I have reviewed this Form 10-Q for the period ended October 31, 2016 of Amazing Energy Oil and Gas, Co.;
   
2.
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
   
3.
Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
   
4.
The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
   
 
a.
Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
     
 
b.
Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
     
 
c.
Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
     
 
d.
Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and
     
5.
The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):
   
 
a.
All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and
     
 
b.
Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date:
December 20, 2016
ART SELIMAN
 
 
Art Seligman
 
 
Principal Executive Officer


EX-31.2 3 exh31-2.htm SARBANES-OXLEY 302 CERTIFICATION - PRINCIPAL FINANCIAL OFFICER

Exhibit 31.2

SARBANES-OXLEY SECTION 302(a) CERTIFICATION

I, Dan Denton, certify that:

1.
I have reviewed this Form 10-Q for the period ended October 31, 2016 of Amazing Energy Oil and Gas, Co.;
   
2.
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
   
3.
Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
   
4.
The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
   
 
a.
Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
     
 
b.
Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
     
 
c.
Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
     
 
d.
Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and
     
5.
The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):
   
 
a.
All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and
     
 
b.
Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date:
December 20, 2016
DAN DENTON
 
 
Dan Denton
 
 
Principal Financial Officer

EX-32.1 4 exh32-1.htm SARBANES-OXLEY 906 CERTIFICATION - CHIEF EXECUTIVE OFFICER

Exhibit 32.1





CERTIFICATION PURSUANT TO
18 U.S.C. Section 1350,
AS ADOPTED PURSUANT TO
SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002


In connection with the Quarterly Report of Amazing Energy Oil and Gas, Co. (the "Company") on Form 10-Q for the period ended October 31, 2016, as filed with the Securities and Exchange Commission on the date hereof (the "report"), I, Art Seligman, Chief Executive Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

 
(1)
The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
     
 
(2)
The information contained in this Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Dated this 20th day of December, 2016.


 
ART SELIGMAN
 
Art Seligman
 
Chief Executive Officer







EX-32.2 5 exh32-2.htm SARBANES-OXLEY 906 CERTIFICATION - CHIEF FINANCIAL OFFICER

Exhibit 32.2





CERTIFICATION PURSUANT TO
18 U.S.C. Section 1350,
AS ADOPTED PURSUANT TO
SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002


In connection with the Quarterly Report of Amazing Energy Oil and Gas, Co. (the "Company") on Form 10-Q for the period ended October 31, 2016, as filed with the Securities and Exchange Commission on the date hereof (the "report"), I, Dan Denton, Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

 
(1)
The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
     
 
(2)
The information contained in this Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Dated this 20th day of December, 2016.


 
DAN DENTON
 
Dan Denton
 
Chief Financial Officer