For Quarter Ended: September 30, 2015
|
Commission File Number 000-55019
|
COLORADO
|
26-3119496
|
(State or other jurisdiction of
|
(I.R.S. Employer Identification No.)
|
incorporation or organization)
|
|
4318 Tennyson Drive, Denver, Colorado
|
80212
|
(Address of principal executive offices)
|
(Zip code)
|
Large accelerated filer o
|
Accelerated filer o
|
Non-accelerated filer o
|
Smaller reporting company ý
|
Page
|
|
PART I FINANCIAL INFORMATION
|
|
Item 1. Financial Statements for the period ended September30, 2015
|
|
Consolidated Balance Sheets (Unaudited)
|
3
|
Consolidated Statements of Operations (Unaudited)
|
4
|
Consolidated Statements of Changes in Shareholders’ Equity (Deficit) (Unaudited)
|
5
|
Consolidated Statements of Cash Flows (Unaudited)
|
6
|
Notes to Consolidated Financial Statements
|
7
|
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations
|
10
|
Item 3. Quantitative and Qualitative Disclosures About Market Risk
|
11 |
Item 4. Controls and Procedures
|
11
|
Item 4T. Controls and Procedures
|
11 |
PART II OTHER INFORMATION
|
|
Item 1. Legal Proceedings
|
12
|
Item 1A. Risk Factors
|
12
|
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
|
24 |
Item 3. Defaults Upon Senior Securities
|
24
|
Item 4. Mine Safety
|
24
|
Item 5. Other Information
|
24
|
Item 6. Exhibits
|
24
|
Signatures
|
25
|
|
September 30,
|
December 31,
|
||||||
|
2015
|
2014
|
||||||
|
(Unaudited)
|
|||||||
Assets
|
||||||||
|
||||||||
Current Assets:
|
||||||||
Cash
|
$
|
21,873
|
$
|
36,848
|
||||
Rent receivable
|
500
|
-
|
||||||
Prepaid asset
|
6,536
|
753
|
||||||
|
||||||||
Total current assets
|
28,909
|
37,601
|
||||||
|
||||||||
Property and equipment, net
|
848,740
|
867,547
|
||||||
|
||||||||
Other assets:
|
||||||||
Security deposits
|
1,050
|
1,050
|
||||||
|
||||||||
Total assets
|
$
|
878,699
|
$
|
906,198
|
||||
Liabilities and Shareholders' Equity (Deficit)
|
||||||||
|
||||||||
Liabilities:
|
||||||||
Accounts payable
|
$
|
10,710
|
$
|
9,462
|
||||
Accrued wages
|
18,612
|
18,612
|
||||||
Accrued liabilities
|
72,906
|
52,128
|
||||||
Accrued interest related party
|
2,575
|
2,025
|
||||||
Note payable, current portion
|
12,542
|
13,003
|
||||||
Related party note payable
|
10,193
|
8,693
|
||||||
Total current liabilities
|
127,538
|
103,923
|
||||||
Long term debt
|
815,661
|
824,919
|
||||||
Total liabilities
|
943,199
|
928,842
|
||||||
|
||||||||
Shareholders' equity (deficit):
|
||||||||
Common stock, no par value; 100,000,000 shares authorized,
|
||||||||
13,205,450 shares issued and outstanding
|
215,267
|
215,267
|
||||||
Additional paid in capital
|
96,476
|
96,476
|
||||||
Accumulated deficit
|
(376,243
|
)
|
(334,387
|
)
|
||||
Total shareholder's equity (deficit)
|
(64,500
|
)
|
(22,644
|
)
|
||||
|
||||||||
Total liabilities and shareholders' equity (deficit)
|
$
|
878,699
|
$
|
906,198
|
|
For the Three Months Ended
|
For the Nine Months Ended
|
||||||||||||||
|
September 30,
|
September 30,
|
||||||||||||||
|
2015
|
2014
|
2015
|
2014
|
||||||||||||
|
||||||||||||||||
Commission income
|
$
|
73,928
|
$
|
18,220
|
$
|
147,470
|
$
|
74,964
|
||||||||
Property and rental management income
|
29,391
|
11,174
|
140,134
|
37,911
|
||||||||||||
Revenue
|
$
|
103,319
|
$
|
29,394
|
$
|
287,604
|
$
|
112,875
|
||||||||
|
||||||||||||||||
|
||||||||||||||||
Operating expenses:
|
||||||||||||||||
Commission expense
|
41,257
|
10,227
|
71,674
|
35,267
|
||||||||||||
Professional fees
|
5,419
|
3,497
|
27,760
|
25,394
|
||||||||||||
General and Administrative
|
61,975
|
57,961
|
185,708
|
189,556
|
||||||||||||
Total operating expenses
|
108,651
|
71,685
|
285,142
|
250,217
|
||||||||||||
|
||||||||||||||||
|
||||||||||||||||
Operating income (loss)
|
(5,332
|
)
|
(42,291
|
)
|
2,462
|
(137,342
|
)
|
|||||||||
|
||||||||||||||||
Other income (expense)
|
||||||||||||||||
Other income
|
-
|
3,047
|
-
|
3,047
|
||||||||||||
Interest expense
|
(14,738
|
)
|
(50
|
)
|
(44,318
|
)
|
(515
|
)
|
||||||||
|
||||||||||||||||
Total other income (expense)
|
(14,738
|
)
|
2,997
|
)
|
(44,318
|
)
|
2,532
|
)
|
||||||||
|
||||||||||||||||
Income (loss) before taxes
|
(20,070
|
)
|
(39,294
|
)
|
(41,856
|
)
|
(134,810
|
)
|
||||||||
|
||||||||||||||||
Income tax expense
|
—
|
—
|
—
|
—
|
||||||||||||
|
||||||||||||||||
Net income (loss)
|
$
|
(20,070
|
)
|
$
|
(39,294
|
)
|
$
|
(41,856
|
)
|
$
|
(134,810
|
)
|
||||
|
||||||||||||||||
|
||||||||||||||||
Basic and diluted loss per share
|
$
|
(0.00
|
)
|
$
|
(0.00
|
)
|
$
|
(0.00
|
)
|
$
|
(0.00
|
|||||
|
||||||||||||||||
Basic and diluted weighted average
|
||||||||||||||||
common shares outstanding
|
13,205,450
|
13,005,450
|
13,205,450
|
12,583,587
|
|
Additional
|
|||||||||||||||||||
|
Common Stock
|
Paid In
|
Accumulated
|
Total
|
||||||||||||||||
|
Shares
|
Amount
|
Capital
|
Deficit
|
Equity
|
|||||||||||||||
|
||||||||||||||||||||
|
||||||||||||||||||||
Balance at December 31, 2013
|
11,725,800
|
$
|
57,302
|
$
|
96,476
|
$
|
(194,905
|
)
|
$
|
(41,127
|
)
|
|||||||||
Common stock issued on March 31, 2014 for cash
|
||||||||||||||||||||
At $0.10 per share
|
1,196,000
|
119,600
|
—
|
—
|
119,600
|
|||||||||||||||
Common stock issued for services valued
|
||||||||||||||||||||
At $0.10 per share
|
83,650
|
8,365
|
—
|
—
|
8,365
|
|||||||||||||||
Common stock issued on October 8, 2014 for cash
|
||||||||||||||||||||
At $0.15 per share
|
200,000
|
30,000
|
—
|
—
|
30,000
|
|||||||||||||||
Net loss for the year ended December 31, 2014
|
—
|
—
|
—
|
(139,482
|
)
|
(139,482
|
)
|
|||||||||||||
|
||||||||||||||||||||
Balance at December 31, 2014
|
13,205,450
|
215,267
|
96,476
|
(334,387
|
)
|
(22,644
|
)
|
|||||||||||||
|
||||||||||||||||||||
Net loss for the nine months ended September 30, 2015(unaudited)
|
—
|
—
|
—
|
(41,856
|
)
|
(41,856
|
)
|
|||||||||||||
|
||||||||||||||||||||
Balance at June 30, 2015 (unaudited)
|
13,205,450
|
$
|
215,267
|
$
|
96,476
|
$
|
(376,243
|
)
|
$
|
(64,500
|
)
|
|
For the Nine Months Ended
|
|||||||
|
September 30,
|
|||||||
|
2015
|
2014
|
||||||
Cash flows from operating activities:
|
||||||||
Net income (loss)
|
$
|
(41,856
|
)
|
$
|
(134,810
|
)
|
||
Adjustments to reconcile net loss to net cash provided
|
||||||||
(used) by operating activities:
|
||||||||
Depreciation and amortization
|
19,638
|
1,958
|
||||||
Common stock issued for services
|
-
|
8,365
|
||||||
Changes in operating assets and liabilities:
|
||||||||
Increase in rent receivable
|
(500
|
)
|
-
|
|||||
Increase in prepaid expense
|
(5,783
|
)
|
(1,561
|
)
|
||||
Increase in other current assets and other assets
|
-
|
(1,050
|
)
|
|||||
Increase in accrued salary
|
-
|
3,999
|
||||||
Increase in accrued interest related party
|
550
|
515
|
||||||
Increase in accrued liabilities
|
20,778
|
7,083
|
||||||
Increase in accounts payable
|
1,248
|
2,477
|
||||||
Net cash used in
|
||||||||
operating activities
|
(5,925
|
)
|
(113,024
|
)
|
||||
|
||||||||
Cash flows from investing activities:
|
||||||||
Cash paid for fixed assets
|
(831
|
)
|
(864,925
|
)
|
||||
Net cash used in investing activities
|
(831
|
)
|
(864,925
|
)
|
||||
|
||||||||
Cash flows from financing activities:
|
||||||||
Proceeds from common stock sales
|
-
|
119,600
|
||||||
Proceeds from long term debt
|
-
|
840,000
|
||||||
Proceeds from related party payable
|
1,500
|
10,350
|
||||||
Payment of related party payable
|
-
|
(500
|
)
|
|||||
Payment of long term debt
|
(9,719
|
)
|
-
|
|||||
Net cash provided by (used in)
|
||||||||
financing activities
|
(8,219
|
)
|
969,450
|
|||||
|
||||||||
Net change in cash
|
(14,975
|
)
|
(8,499
|
)
|
||||
|
||||||||
Cash, beginning of period
|
36,848
|
14,205
|
||||||
|
||||||||
Cash, end of period
|
$
|
21,873
|
$
|
5,706
|
||||
|
||||||||
Supplemental disclosure of cash flow information:
|
||||||||
Cash paid during the period for:
|
||||||||
Income taxes
|
$
|
—
|
$
|
—
|
||||
Interest
|
$
|
—
|
$
|
—
|
||||
|
||||||||
NON CASH FINANCING ACTIVITIES:
|
||||||||
Common stock issued for services
|
$ | - | $ | 8,365 |
|
||||
Computer equipment
|
$
|
5,672
|
||
Furniture and fixtures
|
6,084
|
|||
Leasehold improvements
|
4,000
|
|||
Warehouse units
|
861,000
|
|||
Accumulated amortization and depreciation
|
(28,016
|
)
|
||
Total fixed assets
|
$
|
848,740
|
|
1
|
First and Second year interest rate at 7% with 25 year amortization payment at $5,936.95 per month.
|
|
2.
|
Third and Fourth year at 8% with 25 year amortization payment at $6,277.73 per month.
|
|
3.
|
Fifth year at 9% with 25 year amortization payment at $6,639.64 per month.
|
|
4.
|
Balloon payment of $777,255.49 due at end of the fifth year.
|
Nine months ending
September 30,
|
||||
2016
|
$
|
12,542
|
||
2017
|
10,914
|
|||
2018
|
11,455
|
|||
2019
|
9,057
|
|||
2020
|
784,235
|
|||
$
|
828,203
|
1. | Tenant paid Landlord $24,000 as consideration for the Settlement, and landlord applied such payment to discharge rent due from Tenant for May, June and July. Landlord also reinstated the security deposit of $12,000 which had been previously used to cover the late rent. |
2. | Tenant timely paid landlord $8,000 for August rent. |
3. | Tenant agreed to continue the lease and lease the remainder of landlord's building, i.e. Tenant agreed to immediately take possession of the additional space known as 4440 Garfield and starting September 1, 2015 began paying landlord additional monthly rent of $4,000 per month. Settlement provided that Landlord and tenant will formalize this agreement by mutually executing an addendum to that present lease now in effect between landlord and tenant for 4420/4430 Garfield. |
4. | Various mutual commitments were made and agreed to by tenant and landlord. These included cooperating and acting in good faith to jointly resolve any remaining address issues and disputes regarding the land use regulations of the City and County of Denver. The parties agreed to undertake and pay for various property modifications believed by the parties to the litigation to be required by the City and County of Denver with a goal to their mutual efforts to comply with all requirements to obtain a certificate of occupancy for the three units known as 4420/2230/4440 Garfield. |
|
•
|
|
trends in the median home values in Colorado;
|
|
•
|
|
the availability, pricing and timeliness of web advertising campaigns;
|
|
•
|
|
the impact of seasonal variations in demand and/or revenue recognition linked to construction cycles and weather conditions and the retail price of signs, sign riders, telephone services, and Mentor Sales Workshops;
|
|
•
|
|
timing, availability and changes in government incentive programs;
|
|
•
|
|
unplanned additional expenses and/or shortfalls in anticipated rental income at our warehouse property;
|
|
•
|
|
logistical costs;
|
|
•
|
|
unpredictable volume and timing of buyer's agent sales;
|
|
•
|
|
our ability to establish and expand listing agent relationships;
|
|
•
|
|
the number of buyer agents that we are able to recruit, the ability to book facilities for planned sales training seminars;
|
|
•
|
|
the timing of new technology announcements or introductions by our competitors and other developments in the competitive environment;
|
|
•
|
|
increases or decreases in real estate appreciation rates due to changes in economic growth;
|
|
•
|
|
travel costs and other factors causing the mentor training business to become more difficult; and
|
|
•
|
|
changes in lending, inspection, appraisal and other factors that result in closing delays or cancellations.
|
●
|
our failure to offer mentoring services that compete favorably against other services on the basis of cost, quality and performance;
|
|
|
●
|
our failure to offer mentoring services that compete favorably against conventional sales agents and realtors and alternative lead-generation technologies, such as text and e-mail spamming on the basis of cost, quality and performance.
|
•
|
cost-effectiveness of hiring a mentor as compared with establishing a conventional buyer agency agreement;
|
•
|
performance and reliability of trained mentors as compared with conventional and established buyer agents;
|
•
|
success of alternative lead generation technologies such as web-casts, text messaging, email spamming;
|
•
|
fluctuations in economic and market conditions that impact the viability of real estate purchases;
|
•
|
increases or decreases in the costs associated with obtaining a residential home loan;
|
•
|
capital expenditures by customers, which tend to decrease when the domestic or foreign economies slow;
|
•
|
continued regulation of the real estate and lending industries; and
|
•
|
availability and effectiveness of government subsidies and incentives.
|
·
|
that a broker or dealer approve a person's account for transactions in penny stocks; and the broker or dealer receive from the investor a written agreement to the transaction, setting forth the identity and quantity of the penny stock to be purchased.
|
·
|
obtain financial information and investment experience objectives of the person; and make a reasonable determination that the transactions in penny stocks are suitable for that person and the person has sufficient knowledge and experience in financial matters to be capable of evaluating the risks of transactions in penny stocks.
|
·
|
sets forth the basis on which the broker or dealer made the suitability determination; and
|
|
|
|
|
·
|
that the broker or dealer received a signed, written agreement from the investor prior to the transaction.
|
Exhibit
Number
|
|
Description
|
|
|
|
|
|
31.1
|
|
Certification of CEO/CFO pursuant to Sec. 302
|
|
32.1
|
|
Certification of CEO/CFO pursuant to Sec. 906
|
|
99.1 |
Settlement Agreement And Mutual Release
|
||
101.DEF
|
|
XBRL Taxonomy Extension Definition Linkbase Document*
|
|
101.INS
|
|
XBRL Instance Document
|
|
101SCH
|
|
XBRL Taxonomy Extension Schema Document
|
|
101.CAL
|
|
XBRL Taxonomy Extension Calculation Linkbase Document
|
|
101.LAB
|
|
XBRL Taxonomy Extension Label Linkbase Document
|
|
101.PRE
|
|
XBRL Taxonomy Extension Presentation Linkbase Document
|
|
101.DEF
|
|
XBRL Taxonomy Extension Definition Linkbase Document
|
|
|
HOME TREASURE FINDERS, INC. AND SUBSIDIARY
|
|
|
(Registrant)
|
|
|
|
|
|
|
|
DATE: November 16, 2015
|
BY:
|
/s/ Corey Wiegand
|
|
|
Corey Wiegand
|
|
|
President
|
1. I have reviewed this quarterly report on Form 10-Q of Home Treasure Finders, Inc. and Subsidiary.
|
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 small business issuer’s other certifying officer(s) 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 small business issuer 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 small business issuer, 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 small business issuer’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 small business issuer’s internal control over financial reporting that occurred during the small business issuer’s most recent fiscal quarter (the small business issuer’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the small business issuer’s internal control over financial reporting; and
|
5. The small business issuer’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the small business issuer’s auditors and the audit committee of the small business issuer’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 small business issuer’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 small business issuer’s internal control over financial reporting.
|
3 RELATED PARTY TRANSACTIONS |
9 Months Ended |
---|---|
Sep. 30, 2015 | |
Related Party Transactions [Abstract] | |
RELATED PARTY TRANSACTIONS |
Note 3: Related Party Transactions
During the nine months ended September 30, 2015, the related party payable had a net increase of $1,500. The balance of the related party payable was $10,193 and $8,693 as of September 30, 2015 and December 31, 2014, respectively. This payable is due on demand and has an interest rate of 8%. Accrued interest on this payable was $2,575 at September 30, 2015. Beginning in 2013, the Company began accruing salary of $5,500 per month to the CEO for his services. Effective April 14, 2014, the base salary to be paid to the CEO increased to $6,000 per month. The balance accrued at September 30, 2015 was $18,612. |
2 GOING CONCERN |
9 Months Ended |
---|---|
Sep. 30, 2015 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
GOING CONCERN |
Note 2: 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 accompanying financial statements, since inception the Company has incurred losses in all quarters except the quarter ended March 31, 2013 and it has a limited operating history. These factors, among others, may indicate that the Company will be unable to continue as a going concern for a reasonable period of time.
The financial statements do not include any adjustments relating to the recoverability and classification of assets and liabilities that might be necessary should the Company be unable to continue as a going concern. The Company's continuation as a going concern is dependent upon its ability to generate sufficient cash flow to meet its obligations on a timely basis and ultimately to attain profitability. The Company intends to seek additional funding through equity offerings to fund its business plan. There is no assurance that the Company will be successful in raising additional funds. |
1 Basis of Presentation |
9 Months Ended |
---|---|
Sep. 30, 2015 | |
Accounting Policies [Abstract] | |
Basis of Presentation |
Note 1: Basis of Presentation
The accompanying financial statements have been prepared without audit, pursuant to the rules and regulations of the Securities and Exchange Commission (the "SEC"). The interim financial statements reflect all adjustments, consisting of normal recurring adjustments which, in the opinion of management, are necessary to present a fair statement of the results for the period.
Certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted. It is suggested that these condensed financial statements be read in conjunction with the December 31, 2014 financial statements and notes thereto included. The results of operations for the period ended September 30, 2015, are not necessarily indicative of the operating results for the year ended December 31, 2015. |
Consolidated Balance Sheets (Parenthetical) - $ / shares |
Sep. 30, 2015 |
Dec. 31, 2014 |
---|---|---|
Stockholders Equity | ||
Common Stock par value | $ 0.00 | $ 0.00 |
Common Stock Authorized | 100,000,000 | 100,000,000 |
Common Stock Issued | 13,205,450 | 11,725,450 |
Common Stock Outstanding | 13,205,450 | 11,725,450 |
4 Property and Equipment - (Details) - USD ($) |
Sep. 30, 2015 |
Dec. 31, 2014 |
---|---|---|
Property, Plant and Equipment [Abstract] | ||
Computer equipment | $ 5,672 | |
Furniture and fixtures | 6,084 | |
Leasehold improvements | 4,000 | |
Warehouse units | 861,000 | |
Accumulated amortization and depreciation | (28,016) | |
Total fixed assets | $ 848,740 | $ 867,547 |
Document and Entity Information - shares |
9 Months Ended | |
---|---|---|
Sep. 30, 2015 |
Nov. 13, 2015 |
|
Document And Entity Information | ||
Entity Registrant Name | Home Treasure Finders, Inc. | |
Entity Central Index Key | 0001527102 | |
Document Type | 10-Q | |
Document Period End Date | Sep. 30, 2015 | |
Amendment Flag | false | |
Current Fiscal Year End Date | --12-31 | |
Is Entity a Well-known Seasoned Issuer? | No | |
Is Entity a Voluntary Filer? | No | |
Is Entity's Reporting Status Current? | Yes | |
Entity Filer Category | Smaller Reporting Company | |
Entity Common Stock, Shares Outstanding | 13,205,450 | |
Document Fiscal Period Focus | Q3 | |
Document Fiscal Year Focus | 2015 |
4 Property and Equipment (Details Narrative) |
9 Months Ended |
---|---|
Sep. 30, 2015
USD ($)
| |
Property, Plant and Equipment [Abstract] | |
Depreciation | $ 17,638 |
Amortization expense | $ 2,000 |
Consolidated Statements of Operations - USD ($) |
3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Sep. 30, 2015 |
Sep. 30, 2014 |
Sep. 30, 2015 |
Sep. 30, 2014 |
|
Income Statement [Abstract] | ||||
Commission income | $ 73,928 | $ 18,220 | $ 147,470 | $ 74,964 |
Property and rental management income | 29,391 | 11,174 | 140,134 | 37,911 |
Revenue | 103,319 | 29,394 | 287,604 | 112,875 |
Operating expenses: | ||||
Commision expense | 41,257 | 10,227 | 71,674 | 35,267 |
Professional fees | 5,419 | 3,497 | 27,760 | 25,394 |
General and Administrative | 61,975 | 57,961 | 185,708 | 189,556 |
Total operating expenses | 108,651 | 71,685 | 285,142 | 250,217 |
Operating income (loss) | $ (5,332) | (42,291) | $ 2,462 | (137,342) |
Other income (expense) | ||||
Other income | 3,047 | 3,047 | ||
Interest expense | $ (14,738) | (50) | $ (44,318) | (515) |
Total other income (expense) | (14,738) | 2,997 | (44,318) | 2,532 |
Income (loss) before taxes | $ (20,070) | $ (39,294) | $ (41,856) | $ (134,810) |
Income tax expense | ||||
Net Income (loss) | $ (20,070) | $ (39,294) | $ (41,856) | $ (134,810) |
Basic and diluted loss per share | $ (0.00) | $ (0.00) | $ (0.00) | $ (0.00) |
Basic and diluted weighted average common shares outstanding | 13,205,450 | 13,005,450 | 13,205,450 | 12,583,587 |
6 SUBSEQUENT EVENTS |
9 Months Ended |
---|---|
Sep. 30, 2015 | |
Accounting Policies [Abstract] | |
SUBSEQUENT EVENTS |
Note 6: Subsequent Events
The Company has evaluated subsequent events pursuant to ASC Topic 855 and has determined that there are no events that require disclosure as of the date of issuance. |
Note 5: Debt |
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sep. 30, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Note 5: Debt |
Note 5: Debt
On September 15, 2014, the Company entered into a promissory note for $840,000 on the purchase three warehouse units known as 4420, 4430 and 4440 Garfield Street, Denver, Colorado. The Company anticipates leasing each of the three separate units to one or more licensed third party growers for cannabis cultivation. The terms of the variable interest 25 year amortization note carried by the seller of the property call for payments to seller as follows:
The note to seller is secured by the three warehouse units.
As of September 30, 2015, the balance of the note was $828,203 and the annual maturities of the long-term debt were:
|
5 Debt - (Details) |
12 Months Ended |
---|---|
Dec. 31, 2014
USD ($)
| |
Debt Disclosure [Abstract] | |
First and Second year interest rate | 7.00% |
First and Second year 25 year amortization monthly payment | $ 5,937 |
Third and Fourth year interest rate | 8.00% |
Third and Fourth year 25 year amortization monthly payment | $ 6,278 |
Fifth year interest rate | 9.00% |
Fifth year 25 year amortization monthly payment | $ 6,640 |
Balloon payment at end of the fifth year | $ 777,255 |
3 RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($) |
9 Months Ended | 12 Months Ended |
---|---|---|
Sep. 30, 2015 |
Dec. 31, 2013 |
|
Related Party Transactions [Abstract] | ||
Payment to related party payable | $ 3,350 | $ 17,000 |
Balance of the related party payable | $ 10,193 | $ 8,693 |
Interest rate | 8.00% | 8.00% |
Accrued interest on this payable | $ 2,575 | $ 937 |
Monthly salary | 6,000 | $ 5,500 |
Accrued salary | $ 18,612 |
4 Property and Equipment (Tables) |
9 Months Ended | |||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sep. 30, 2015 | ||||||||||||||||||||||||||||||||||||
Property, Plant and Equipment [Abstract] | ||||||||||||||||||||||||||||||||||||
Fixed assets and related depreciation |
|
Note 5: Debt (Tables) |
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sep. 30, 2015 | |||||||||||||||||||||||||||||||||||||||||
Debt Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||
Long term promissory note |
|
5 Stock Transactions (Details Narrative) - USD ($) |
9 Months Ended | 12 Months Ended |
---|---|---|
Sep. 30, 2015 |
Dec. 31, 2013 |
|
Notes to Financial Statements | ||
Value of shares issed in private placement | $ 0.10 | |
Private placement revenue generated | $ 119,600 | |
Increase in CEO monthly salary | $ 6,000 | |
Shares issued for services | ||
Per share value of shares issued for services | $ 0.10 |
5 Debt (Details Narrative) - USD ($) |
12 Months Ended | |
---|---|---|
Dec. 31, 2014 |
Sep. 30, 2015 |
|
Debt Disclosure [Abstract] | ||
Promissory note for purchase three warehouse units | $ 840,000 | |
Length of time to pay off amortization note | 25 years | |
Balance of the note | $ 828,203 |
4 Property and Equipment |
9 Months Ended | |||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sep. 30, 2015 | ||||||||||||||||||||||||||||||||||||
Property, Plant and Equipment [Abstract] | ||||||||||||||||||||||||||||||||||||
4 Property and Equipment |
Note 4: Property and Equipment
The Company's capital assets consist of warehouse units, computer equipment, office furniture and leasehold improvements for the new office. Depreciation and amortization is calculated using the straight-line method over the estimated useful life of the asset, ranging from 18 months to 39 years. Expenditures for additions and improvements are capitalized, while repairs and maintenance costs are expensed as incurred. The cost and related accumulated depreciation of any capital assets that are sold or otherwise disposed of are removed from the accounts and any gain or loss is recorded in the year of disposal.
Fixed assets and related depreciation for the nine months ended September 30, 2015 are as follows:
Depreciation expense was $17,638 and amortization expense was $2,000 for the nine months ended September 30, 2015. |
.6AU6-O@_9%>)J7R;V!>&.+E'.*_&[[C/\/& ME>\8ZB:OIVX$W990EMC]DHX."BD,EUAT`;NTYD4@VG?595;^ M906PW];#UE^248@C366F5J=GZU49+YF#C)!J&,@[9>BXOXU#Z*N]+E@O"T^5 M;\[/+R^OKC;93A-[N2JX"R/Z)$;.:N)IO<665$A.N;V.VC=K*G?GJ@37(B:[ M4N2G4D_OS2K2Q,79UZK("FTR'5:[@@A4[-B:Q S`PLYR,Y+"5`_'AKRC?+"] M;:+\B][OJ%IO=[97`<-?UW)_N7[0:&JCI5LY-_ZZ9SB+'N4F@`W-UVC+>/5C M'8W-8PG,SG;F-6]GW:B3-?L=VVR[D]TLXA+S/>$SW,*C-[M-,A^12,-,Z?8R MN],S^JN1N$(AG8]Y6>BKZF;+MO>LR03#*P?2]Q0^/P1+#L&20[#D$"PY!$L. MP9(WHX=@R2%8<@B6O%RP9`?3_`TGTG+1C38VE]H] MHW!F:T%^$VOX[9/T#/]9OO=N(\=684=I%:ZE.SO1/R5A)%*.EB52R^YGW[13 MLR35EFVH^M(FS0*K9F`V9Y7>F$6M9]J]W0&K=89GH&J:U3ZF2L>;=+UGFNWS MKG2LK&<6$[*UJXLMA\IZAFVWSWO[9;DOT&KD;G)]@=;3Q@%);6`.U!VTHFK' M9C5-WX$UR>R6+QDA-$OO[0'5JS.G-@Y6&H9I]'<@O.WW8KR$2N5N;7@!E;9Q M&M6P>[II2&%+ACQ--W7\"W#+X[,A2^(?&3`\9X%+PN#-'+7P\^<@]-)S$+Q> M2EHQCN0/F1^F=G)`#+HH8Q02!^,*06%2$!IU1$8]8073&<9KHC3U"V[Y7^RX M7VP-YP<8X$4T$HDV\+6?R^>:[H]/T_BY+`E%ZIDAGG\@4?G!A+,TI]N$/089 MA:V5[2A`T<7,@YA2CK*@D'!EDCMZP'?Q"VR8??#WQ`EC/+-*GO!+_EGZ3)P; MX Z53*]\B,=J+^( MB?)IKCD\0`+F]8?+:(CMHK0I>(QGT$O3\O%#'?E4DOR(0]8HLB29Q,5C.,*8 MQ<$JUP?;YSGL2MI"WNZYZJ88\$!=S?-/*F#3B>\MY0(JT:4X?;*BS[6G9G+' MHP2%-+ZZ:A&8-XG@P1\\L9K,\'`2XD\K"1!$=D8PORC!XTX4EWIY5^%$$V7D MLT <7(6LA&,Q8+K MMEKQ?$Z!QT\T183\)H0S']R542(2J,>3D"7C"5^BCC&=THC@44K^'9;A@+.> M1X'^;:T\0YY?*F"HWB3DQYF6&Z.2-D31524N:AC/9T'E0H=&(E=I`6+4]L:1 MZ@/[UOSXXL1FLXS]FJV+%/1;N#0`4SU1_SP??E,P6S+TMRF>#?GYY2\.:$]0 MFV!AGU`S:&/T^F8N&HFDJI*O%%G4^K91CWREC.U&SZI'O4JV(,M6>YNIKSDP MSH]AMW"NGD.J>:B^.H8*T>*=8Y#-L%54O!3['6.7-=I7A[UF.*&%6O%4!I_` M$;\GX11SU,%'+J8N'I./Q$$JO\"_Z*3ET]EIU;J^=:G_[#2%@CS?8OZ']`*! M>W;F\I2V*#T@`U[!+ O'H;XNWI M=E]&O'HS\1K-Q#NH*UY#6KQ&*]+MF:J$=(WE#J^22MH`:MO@*.8ZM$J,-U^2 M=.6XY&R*:0WJ.FM]4UU:J2VG7WE_^L\\F\4G3&91468?;G3KG^IG]:+"DOJ" M>L'8/HKTM!=)]8O3EN6@]W752.UH06YE=*SBHU=9D]XTF>@7EAVWN>J5(,DL M_.T96@LYEU;G.NU`DUD-:1':II117S&>N(O]OJF7-EM);I74:AK:FDYBA5MN MFE/;B=;-@99GEZ,IRZ]2'ZA9O9Y6D=^BZFE:W+JUU%1CH!NE0DTIU^-=:8>K M;EM&^6BTAC=N)8ANQ%4?Q3LKTP]@M/C"Q,IQ@^E3X7Y/.9[M(ZYQR^?.(*<+ MJL1K:G6&JE;#N\RQ9;#5S-3*=W(-P,X#*\0E]$$ [ MF:%PT_)VUNF]/>WU69:NZ;EN8RW]1D"JB,+6!_F5G\I`UM]IW+1=%6]3WLJG M%6`UKGF6!I9>09BUNX9B&I@]O:"V$MKU$53KL.W\O2\5( 6?M\068LJC\UT]1"!*9(M`;/:GJ3X+DVX/F%-/!-;,O,>?F;>#3% M4TGC9M\VU7IXA'4T;,LP!5:U98O;V(`:-EV]/U!73'P-PQN>;MF[%&EL&M84 MG.6\G$LHUV9?Z3H!R^A)\L^Z-;`#'N9:^`@1F(.\.+9M+ZC-KTK]"^>&*G%: MN>@AVW':[AUF>F$T*V%2$T>-V\QLP]P)%.G;PRS#V)5,Y"X2,W5]H-5#DK:M M=FRD;VFEJLF8U$(A:R&ZI>J:W38*6>/0U'[/*M-)4UE(68:M]?J6!(@?Q37L M>+[6F]*`WRN&MX:FY5LY<=RW[/PUD5M8MH!0UH"T_L#*W^ZV>X2RQ@4^=GYV MO!<12MF=90_R449)@.#>C4@4\6CZ%6FI;[+!A2MXD`46=2#(=TQ&_KK'-B#( M&HYEYH/-+0E!RC(, \$5[,I'XY:Z44TTS;SUTNO .Q%3*5W=&)E"P?I[D/-!V]SQ.5KMDW!S6LF MYSU6K5FV8-BBSVB:AI8SWR4.-0#(JM722E9$Z[.7]A5,VVB[_G*32K4R=VX9 M7UC`BI&P%JVANV0.FSDVQU=CLJGO#YUTZ'3)F/8@/4D?=;# /DJ#;S#`?"0C%A)1[MYY(M%G&C! C77N$_\HD5V,IPNQKZD%T-=J_KJKV07)UUGK`B 87O+F^C`&`[GK0]O4G ,2AG MI@0\`N++?W^[`B>`^2&!<.H.+XV3&NVGU6JU6J3].N_>]0 N2;9SYOP<+6F<&JK[G!8WVU;Z:28 MB'39R.5$6Q4(Y9-_ MHL4UI!JM9G\LMAOJ\8T**:^05=.TVJ`>BY4%5?C]D-H^,WHB+5XVD++(:'J7 M0HLBI6`43KOJQ>+[PACQ6*\3;[_2Z-'W8"%Z^CLFL`5_/K?WWDW\1VDF^M:P MB_>[^(7+A2WN!"!BTG09P(\*Z33>+)"A;VM9?'/.+5HN:.'B=BN]9"7]<3<, M4Y9ADF_<)6WSRY:+6MBVJ^KN#QP><0GQ6$8/RX)@7:+;^\*%_9%B@5YRQ0]+ ME8N?=`KE0]EXQ7YL]70)%IZUE>) Y3Q:-"Z,0]EL=V]%6`)PN=YT5<9>_4&C%(Y#\PN7"%M6XO;)+ MQ<'ZXV:/L5I1U7&3HMZ%7KJLT"QM&"[QE58O7B+FAU5XDX:E?L9^W=4L14KB M)7L%.&I'VD5(Z,5?9)<'I5)6\/(T,\OGH^LE#4$D00'8]+4?NT$4IY3 +B`$1$IJ):>]V:74W:+O3+:4$&5?9OA6OH?(K./$ MBJYKZ@S^7:J,JD/7=57Y[-![GP2>\BV!9Y.9 R[#D(.@F@?7XUGV9T$.TF6^P)(\<[!2`']'OL]9\IEOPO#V/M>LL6OJI>_ M*3DOL`N]=78QN5(.GU[XG-N)H9-HUT;]G`M;7@J3)5>>Y&`A7E2:YV='SF79 M.K^PM4_!"'$B?B/@S;W,&)^MDY'R.(EB7H*^DVV]M>:6A]^[,&;V ?6AS8>WS-GW'/`JJ>AVE%)29:3)1+%[EKF:::<[- MY;DJ=SF> !K]``M+5%`7+#P7IFG.-,.8Z[;B MI &UX-`HIWJFZ_9Z% M-R^1YE)ED2;$F]C?35:Q_F`E3#][B$PN+,V::2KC- 8C M>6%905*EE2RJ(*@S#JHJ9!,E2?3`'[I!\`C#&KY[H[WIU#%/>[#UH<[NW9OL M9V.;G3!;5Z"-XWZ'C4H:>A@&1_1*^>7CQT^?UNNVN+:F6\]6:)J7N3/-_]-E M.T/NT!)
,'-Y77\"GV9"@EE=@SU>#VLV?F4O)0_FV&!SH]-W;)0`/25$EA1"TX:0:1 MYU,/C6\"4&HF0HFCP/=.)FB(;9J6/M.6XW@Q\0$X@7/[L=S*V-[I)]QY56UJ M*7%*C]EV[2S6YAI.8R]*-P$Y^3:K&](0UY+GKD[D6MJ'JL8VJSG5^O18\XOX M,NEFS9O_H\+T[I9X:4!N[_&!.Y3>[Y3`E%B;$FL_K7N?$FM38FU*K)U9F#DE MUJ;$VI18FQ)K4V)M2JQ-B;4IL?;Z;F5*K$V)M2FQ]LJ)M0)_8DONJXUB^X_G M0V[%VSQ?J1_BO8;@)OR'.'3M/_;FN+75(MM&+]'#\44@'0/;@ M#MRQXYJ]B39A7SB@!TSX\"[L(TFLT7U$UQ97_A(Y86U9%!'23LW2BOS;1PW7 MW6*[">.$I@@VNXSINWF]">Q6G)]Y/OPI^D".;A6*$"M;.D1)Y5QZ'_DU!)'I M0\HN.%^3'061[&`[?`X(?D`:K,*!=[[J'4+
JB3!@M!<[Q'4 "P``(X0``!4`'`!H;71F+3(P M,34P.3,P7V-A;"YX;6Q55`D``S]$2E8_1$I6=7@+``$$)0X```0Y`0``W5U9 M;^,X$GY?8/\#UX,%>AX<'SEFDNGLP$GLC(&TD[7=C9VG`2/1"=$RZ2:E'/OK MEY3EM$Z2LNPFLWG(H;!*5?452U5%BO[X^\LR`$^(<4S)>:MWT&T!1#SJ8_)P MWOH\:P]FE^-Q"_`0$A\&E*#S%J&MW__U][\!\?7Q'^TV&&$4^&?@BGKM,5G0 MW\`$+M$9N$8$,1A2]AOX`H-(7J$C'"`&+NER%:`0B7^L;WP&C@Z.(&BW#=A^ M0<2G[/-T_,;V,0Q79YW.\_/S`:%/\)FRK_S`HV;L9C1B'DKQ6BSZW=YQ]_2P M>_"R$+)?P5! 2WHWFW?];OGO5/#.\1PC#B;_?HOG23KS7YQP"3 MKV?RVSWD"`A`"#][X?B\E=+L^?"`LH=.O]OM=?[SZ6;F/:(E;&,B@?%0:T,E MN931]4Y/3SOQ?S=#"R-?[EFPN<=A9R/.&V?Q7ZP8GY*$XS,>BW=#/1C&?J6] M#:@<(?]J;X:UY:5VK]\^[!V\<+^U,7YL048#-$4+('\*_WB[Z^,R7'3DQ8X` M)EHB$@Z(/R0A#E\E2FP9"RD$C[D\,K00I(*F_=T1N/^3"6WXNA+S@V/IWBW0 MJ2G=!0RD!6>/"(5<)T[IX!W>_PXRH>PC"K$'@UK"E%(VDTQ.("2-SV\7MRL9 M5831M2924S64Z%%H^4@#7P2PX;=(N(-6FDJ*W=GF$O+'44"?:YFF0-34BS@6 M7.\8XH*_T=12D#23Y9J*Q]@E%:[)M$*4C6UV]RD*A)5],1_"USF#A$//R&]U M=,VDNF-4S(7P5<8QX88KZ04ZB50TS:29T!`=7Z%[K0B%@0UG373/T;=(Z#%\ MDM-`.V$JQN\>BSF\#Y!6'CWECG`Q$Z=B^'[FSQ4*(0[X!#(9TI_0MO.IBD_3 M>$R]KTW$-6:P>]]K)[?:QOORM+N7KJXAZ_!H)JWT?%/;E8W=W=V-C:,D:B[/ M-N)L(XU(,;THB%.&&_%WA@*]A*)61/Z&CQ1NRZ)`7):T2=G6`VVPH4K_*DID ML&8!,CQV+G)Y\I^1L2\$>\ORQ.\BL^$TP+Z,A""A!PF#1+R-@`'U,D(%LHRC M+`?A6J:X5EM`?A\7;!%O/T"XZDAH.R@(^>9*#':[VTOJMI^2RW\-.!<"7$:, MI3**`-ZC(+[M7\FXW+"./8%ELEPMY_J_>?%2@`^8!R@3)SC&&NK"K2N!K`J"4IA<,_4F![T3#]PPG8@*-U%%-!65&X&M M,J+I%78.I1GR(B;2MBNTHAPK@"D,="-856!1H99SYK_!\!X'.,1(GPJ6C77@ MD7@'7V7T-WX&YL?;#K75$%0\^ L`I2&R'ZSK33*VV
F6M$23-IV M09%]^4VH3K7!I8X!Y!PO,/*U\ZD6$S,8C^W#N(5IG)MS"AW6DHL$?$*)UP#A M4CYF()\X#;+"0,[A'"\)E>X=*"E12L;:;)C2Y9*26*AX^Y.B>5H8:3LIKC9[ MOIM:H:1SCC3P?2SUAL$=Q/Z87,(5#K_OTBG)I:H(;*>^QMAH5'8.HJET4V!@X ,'6BMY[2=E`T MU2W?BZH>Z#!Z1D#9#X9;8E*BJ!J,CYV\>C?B[[VN;I?O)LTL=1^:+W6##QE^ M/^]A;5ZSZS0C^9%*\N^,`%V`%"N;SZ8G1"+5M/@^PN($'J%X'LBL#'.>-G]1 MX+*QMD-LWLRY:5NMGG.A=+,:]`D2^!`[\T@V(6/U],M?Y52V@ZT&'1.5G<,I MB2[D(=F)H)@P)4,M"IZQSEHVU/]TKCYSQ+I:MS'B6FP0+%T0D&,F`I M9WMNI.T9;@I(E8[.@;%^%2\0#XV!O\0$\W"]PU([8;2$MJM)4Z@,+>`< )2HZ4)O1?$6:J8S M<9SK3*3I0+X5N9?>2?&UU(R`)^:M$\D)K%E97*I%H91#I(Q/6!CBXO4S1_Z8 MO#TC!IY(1S0]QSH\;*Y*H]`D6\D-LQUUZP.47VLN4]NYA%(NG1"AGLB'%SB4 MNW0'2\I"_-_81+>+:X@)EQJH'+$6$]OANS&P6YC,.=CC-8$QYQ'RKR(FM+Y# M#%,_7JU>7QY1-D/L"7LJX&NRL5T=-H9^*[,Y![X(2PQ!CJ[0^N>8W%#R,$=L MF7IO1;L-K!X7V]OY&D._C='>`?+9-\[JH)VGM+W3;P\(EQOG':`:5QN;+6V: MM[O,J&UO\=L#NM5&>@<()QO"9S"`3%DD&)":8?O+>\*VPCSO!]CBKG+E&X)U M^9A!_NL[A%QIN/>#O]&F(S-J,ZQ/WR'6M3 _@:MT_G=.!]BS!#E:]U*];U:_!PM/FG@#:_ M%:"VP=Q;F:DPP@@32+QF_EW*P^[N%`\AGX^$(\@^CMPB>KM(O<:AW*ZB(W74 MFQ5`%C>VF)G'N1A=+OFF ><"TS1*DF93,-S-86CG6AS4'7& M<"]7C/6-U\+R#ED-H(K&=LJDUZ>XVE^W#G9R.^.N%%>52@T4W]^3=U>*JV:Y M`QN^5&?K9S94_2)/LL7<"RB/&!)_]$!,*W=09:EWONVK].C]C'"_YH7K@^O; M\>0:7-Y.+H?3R1Z$TI["GQ'P-"_@(9@.;P;SX16X&TSG?X+Y=#"9#2[GX]O) M;`_2*D_H3TO:Z^8E/0(;XO4!QL6NS,ZD+![BGQ&MEQ=-C@?'9P!DG_.[VV]8 M=:I_1JQ^7JP3,/M\,1O^^_-P,@?#+^+[CX(T=[Q^1LQ#4V#!AS6;?;S]6O5! M`!E)CY0X[U.\VA\%D)'[N,XD!Q\2IN"-ZWY>-S;]M(",*B=Y58Y!S`FD6?T@ M%8P^32`C?>%95>GJ[3<=?K:X^?='G`)KID[AX/T_/LU'\I">510BINKJRX$E MXVPG[D;GS5*E"HY6R*.($1P*_Q9:C?"+_(U?,^66:@6)[3JC#DYZ;1R%[$:6 M#_(MB?%R) X!B4Q,_O>%[ MBZ70W=W!=O]R"X_8M7G=:X9-$0R&7+YSM.Z"+-.U1%DCLW2X[2[F%M`J%7>A M^U'K(Z`R*6:AXU!=3?V0)+GT8Z,R$A=:$,?K @D,_5 MLS_K/<-0'\U)K=ZNU]KULYQE""@ T5 MMR\J@9H]-ZJ4/>CU6LW0__M^/3;G:`$UFRAA3%3QO524.#_C_/Q<=[_U3; FTJ;4^4+,=/50EQHZ"T1$AUA] M(FSQH@1E"Q=2@KM1Y@S-I*OTT5YSAEL?\OB*EZ7L2MQ6/:$"]!WIOD&L6G`\ M1TCP+)Q8XQ++OX5,5G:.A&U"O!-,K& Q4D MFLM:SBFVY%C7_^G(=,BD2?0HKVVZD,\O,7W>J6FVG(IF$;=EU%N&N(R?JVNE MN!1CN:)RQNM2F9HL$R+.MECI(X1E*UNR/XB7"8.$0S-7WF;Y%:.Z953V!?&B MQC&9ADN5!5E$:3[%:(94H%8/33,1M@P+]AIGRM%/1]:C_Z2Z06:'2;`O7XL) MG&*4R9/M69(N^7`2S/?3?WI(0!OS(61J2']";^U/27&*CL?4?"R"FSM`^;FG M>46])?NBON73[=J0N\0H1JLR/V_;Q=F65WKNQDEU*L[S%IRWT$!F^D!QQJ%" MXW<8_D9';2U:+LMYRQ"LH6.--%)L(79KJGHT>&V#_W)O" M-(LNH+TC]+;W`8C=DK0%6DP1VQ$W[+I_5HCQ;H2NP_ZY"!6=7=%\GX/F))I! M!XLW)Z7O'F:6CVUBJVGR6OX9XD8K@8B%+)]/)WN:_A%-N66@3`-_#03H#`1#E8Z+(0PFU%<(-^P'/TT'PX3,T0$58G M>I3%#@9N)YY!/G5[LL.U!PB7NIKE=80%]Y^X\[Y6,[PCO`_>X_L-F6P&-)"_ M;AH=PRG";MGWGG& V9Q=%?DV%#O/AO9$PYW2S'G[;)B5")D\? MNZ7)(1P]!+?L,T87F>WIM1U-K4&P@25(!5`FL^FB8M1>63#ER+JH".;$5/D8 M*JU37;VOH$3US\[*SI-K\6ZE:AB[<,S2+"Q%@EYI=8Z1[ZA"15A[WG(T2:`$ M\U*%V5X<9ZF2VN`T3P62Q*G7WKTZ]T9,' \E-)OY-`>[CF6Y[0;Q+;2M`>G"I2T@ MSE(EU6T/W:MTB;(KD*C7<04;J5,J@JP^9,0F#SQ+J7C[^[A1_,0D2B%/G)N. MJXV[H^$WCG!OMDCFE&5=U/2^=1Q%\J^]8XE/ _I2Q",G M]HKC:S'@W$%6SV$R;VX1LZGEI9.8IPU>V;[O0ZOL*B0NU$Y1._?.V=ND>W5] MK\I%:I`D7/,4A5MGW?KY)65CQ)YL$Z6>/NP2Y[U*FE:=)'U;IZBOFYO%Y8T/ M\U[53:E-DKAG1Q5WB,2`F'2!KBE/$2]D=O+B;-,F-?ZGP"L*/5(/6 @Z!&+0K:!+[S^I7PJWO9D-N7(D-D1I1,V8-6&X"U M3^DO(I,N28:HZE&J,S"^^S;N_WO7'TY`_X?\/)">D :B.FM9M6'^L]D\LDO4$L#!!0````(`#J`<$=K MK,KV*"```(/$`0`5`!P`:&UT9BTR,#$U,#DS,%]L86(N>&UL550)``,_1$I6 M/T1*5G5X"P`!!"4.```$.0$``-5=^W/;.)+^_:KN?\!YZVJ2*CM^)#-[\ L/`!\BB2.WQSM(1S[21#&\Y_W/D\.1I.SJZL]E.5>''A1 M$N.?]^)D[Y=__/N_(?*_G_[CX`!=AC@*3M%YXA] >KT\/#;]^^O8F3!^];DOZ9O?$3L^8FR3KU<:.MV>SDZ/C[H_=OC]X\S@CV M_LF2>>')T='QX?_\^EZXB_PTCL(8_I@?+Q7 M:=%61'K'[]^_/V3?5J* 'M8P:E;)M^&"OD&DBP\S1B\Z\3W VNLX.YYZT.Z9ATB*,\JSXYH)\<'!V7WO%OY<=?R7B[ M3.))GOA_?L++*:Y_A%GX\YY"[K"+FFJ,T@JZE_H:^TN)0S\A@\,J/XB*GB[4 M9VFR5/Y\V4&)0NAK-*W;*WJ2_*0$>$LLQ1D;^WL]R"9Z7>^5R)81D:31%(X/ M/D_V_E'((2;XT^&F)7?\H/$)7N(XO_AK'>9/-#PC@5Z<9Z/',)-8J]&QR1LC M^$T.*17`\,D$99=;M &%S%9]XJ)".> MTCUI=&Q2S@A^DW)*!3"4,T'9I=Q&!U$E,O%!I1H,IMWAW`MC'%QX:4PFM9F2 M8C)AF]Q2`VZ22BP)ADU*>!R-?'^]7$ !;Z8;XU?Y;Y[&`SF2><^/73 M_>57-O!.UM/,3\,59:Z8$AI9&XPP@DL)H11TS@<3=/Q`1L112QZ&.SG'TUSI M0IH"-MTZSI*C;?.J>#%)+`):1KX@XF7N2E3^A3$N>+Z`G]42@!"62H%5=Q MEJ=K&G8I`F:1H&U^B(%V>=*6`L47(;0N;Z@@VD@:Q+TO9W)R8O5Q/.!TFM2K M(P-F*2>21_1LDQ/QD'^>^`5IXN`BSLDOT]7Y=,D6IT=30A3/ST6#EIF>M5"@ MCQEU6&"BY/P=[XN4>^5+541T4:&,&MJ['"HR[+^9)P^'`0[I*/&._H52[EUC M<"`??2U0W.%Y2)''.=T*ZE@M%[-!*1U(RB"9C'/":(!Q_J:@Q$:6[ (6&"H9 M1(5]'OV$OESD`N:HL!.K`5&61R('BA`<=MUA;BJ)!'5,&I M HIH'?U)55.FB0OD7=Z3ZDD3K./?2)Y:DV5W&5,C9)9$$9IL\'2%`I!$C M4Y&EUD!,Q2%#2F=XAU=)FH?QO,AKE4^_).*6Y[!*T)VIK%`6$'N4`*4D^BY# MM4:9C(S*EARRB;'YC(RC\R25KX!TI.QR1PBQ39F6"""FB'!)5C[*I/Q2UJ%[ MV230318>Z9+;=<[.'1#:RM\(I9)E5V-@0,?A*#0`D $R5