10-Q

U.S. SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 10-Q 

Mark One

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

For the quarterly period ended September 30, 2017

¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ______ to _______

Commission File No. 000-55260

MakingORG, Inc.

(Exact name of registrant as specified in its charter)

Nevada	6770	39-2079723
(State or Other Jurisdiction of Incorporation or Organization)	(Primary Standard Industrial Classification Number)	(IRS Employer Identification Number)

17800 Castleton St., #386

City of Industry, CA 91748

(213) 805-5799

(Address and telephone number of principal executive offices)

Indicate by checkmark whether the issuer: (1) 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 (2) has been subject to such filing requirements for the past 90 days. Yes x No ¨

Indicate by check mark whether the registrant is a large accelerated filed, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company.

Large accelerated filer	¨	Accelerated filer	¨
Non-accelerated filer	¨	Smaller reporting company	x
Emerging growth company	¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act ¨

Indicate by checkmark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes x No ¨

Applicable Only to Issuer Involved in Bankruptcy Proceedings During the Preceding Five Years. N/A

Indicate by checkmark whether the issuer has filed all documents and reports required to be filed by Section 12, 13 and 15(d) of the Securities Exchange Act of 1934 after the distribution of securities under a plan confirmed by a court. Yes ¨ No x

Applicable Only to Corporate Registrants

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the most practicable date:

Class	Outstanding as of November 9, 2017
Common Stock: $0.001	35,430,000

PART 1 FINANCIAL INFORMATION
Item 1	Financial Statements (Unaudited)	3
	Balance Sheets	3
	Statements of Operations and Comprehensive Loss	4
	Statements of Cash Flows	5
	Notes to the Financial Statements	6
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	11
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	15
Item 4.	Controls and Procedures	15
PART II. OTHER INFORMATION
Item 1	Legal Proceedings	16
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	16
Item 3	Defaults Upon Senior Securities	16
Item 4	Mine safety disclosures	16
Item 5	Other Information	16
Item 6	Exhibits	17
	Signatures	18

2

PART I.

FINANCIAL INFORMATION

MakingORG, Inc. and Subsidiaries
(formerly DRIMEX INC.)
BALANCE SHEETS
	September 30, 2017			December 31, 2016
	(Unaudited)
ASSETS
Current Assets
Cash and cash equivalents	$	65,834		$	165,481
Inventory		22,836			-
Prepaid expenses and other current assets		12,861			12,150
Total Assets	$	101,531		$	177,631
LIABILITIES AND STOCKHOLDERS’ DEFICIT
Current Liabilities
Accounts payable	$	15,152		$	-
Accrued liabilities		29,587			8,075
Due to related party		75,479			74,579
Convertible note payable, net of discount $17,810 and $0, respectively		182,190			-
Total Current Liabilities		302,408			82,654
Long Term Liabilities
Convertible note payable, net of discount $0 and $32,381, respectively		-			167,619
TOTAL LIABILITIES		302,408			250,273
Stockholders’ Deficit
Preferred stock, par value $0.001; 50,000,000 shares authorized, zero shares issued and outstanding		-			-
Common stock, par value $0.001; 150,000,000 shares authorized, 35,430,000 shares issued and outstanding		35,430			35,430
Additional paid-in capital		27,592			27,592
Accumulated other comprehensive gain/(loss)		(12	)		-
Accumulated deficit		(263,887	)		(135,664	)
Total Stockholders’ Deficit		(200,877	)		(72,642	)
Total Liabilities and Stockholders’ Deficit	$	101,531		$	177,631

See accompanying notes to unaudited financial statements.

3

MakingORG, Inc. and Subsidiaries
(formerly DRIMEX INC.)
STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
(Unaudited)
	For the three months ended September 30,						For the nine months ended September 30,
	2017			2016			2017			2016
REVENUE	$	-		$	-		$	-		$	-
OPERATING EXPENSES
Selling, general and administrative		5,766			402			29,595			610
Professional fees		19,752			4,250			65,257			19,722
TOTAL OPERATING EXPENSES		25,518			4,652			94,852			20,332
OTHER INCOME (EXPENSE)
Interest expense		(10,857	)		(3,619	)		(32,571	)		(3,619	)
TOTAL OTHER INCOME (EXPENSE)		(10,857	)		(3,619	)		(32,571	)		(3,619	)
LOSS BEFORE INCOME TAX		(36,375	)		(8,271	)		(127,423	)		(23,951	)
Income tax		-			-			800			-
NET LOSS	$	(36,375	)	$	(8,271	)	$	(128,223	)	$	(23,951	)
Other comprehensive items
Foreign currency translation loss		12			-			12			-
Comprehensive loss	$	(36,387	)	$	(8,271	)	$	(128,235	)	$	(23,951	)
NET LOSS PER COMMON SHARE: BASIC AND DILUTED	$	(0.00	)	$	(0.00	)	$	(0.00	)	$	(0.00	)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING: BASIC AND DILUTED		35,430,000			35,430,000			35,430,000			35,430,000

See accompanying notes to unaudited financial statements.

4

MakingORG, Inc. and Subsidiaries
(formerly DRIMEX INC.)
STATEMENTS OF CASH FLOWS
(Unaudited)
	For the nine months ended September 30,
	2017			2016
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$	(128,223	)	$	(23,951	)
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization of debt discount		14,571			1,619
Changes in assets and liabilities:
Inventory		(22,836	)		-
Prepaid expenses and other current assets		(711	)		-
Accounts payable		15,152			-
Accrued liabilities		21,500			(300	)
CASH FLOWS USED IN OPERATING ACTIVITIES		(100,547	)		(22,632	)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds for convertible note		-			200,000
Loan from related party		900			28,088
CASH FLOWS PROVIDED BY FINANCING ACTIVITIES		900			228,088
EFFECT OF EXCHANGE RATE ON CASH		-			-
NET INCREASE IN CASH AND CASH EQUIVALENTS		(99,647	)		205,456
Cash and cash equivalents, beginning of period		165,481			-
Cash and cash equivalents, end of period	$	65,834		$	205,456
SUPPLEMENTAL CASH FLOW INFORMATION:
Interest paid	$	-		$	-
Income taxes paid	$	800		$	-
NON-CASH FINANCING ACTIVITIES:
Beneficial conversion feature recognition	$	-		$	(38,857	)

See accompanying notes to unaudited financial statements.

5

MakingORG, Inc. and Subsidiaries

CONDENSED NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

September 30, 2017

(Unaudited)

NOTE 1 – ORGANIZATION AND NATURE OF BUSINESS

MakingORG, Inc. was incorporated under the laws of the State of Nevada on August 10, 2012. The Company intends to establish a line of health food stores or stores-in-stores within the Asian communities in the United States. The trading symbol of the Company is "CQCQ".

On October 20, 2016, the Company filed documents registering its intention to transact interstate business in the state of California. On November 29, 2016, the Company incorporated HK Feng Wang Group Limited (“HKFW”) under the laws of Hong Kong. On August 22, 2017, HK Feng Wang Group Limited incorporated Chongqing Beauty Kenner Biotechnology Co., Ltd (“CBKB”) under the laws of the People’s Republic of China (“PRC”).

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Principles of Consolidation

The unaudited accompanying condensed consolidated financial statements include the accounts of MakingORG, Inc. and its subsidiaries as shown in the organization structure in Note 1 above. All significant intercompany transactions and balances were eliminated in consolidation.

Basis of Presentation

The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America and are presented in US dollars.

The accompanying unaudited interim financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission, and should be read in conjunction with the audited financial statements and notes thereto contained in the Company’s most recent Annual Financial Statements filed with the SEC on Form 10-K. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim period presented have been reflected herein. The results of operations for the interim period are not necessarily indicative of the results to be expected for the full year. Notes to the financial statements which would substantially duplicate the disclosures contained in the audited financial statements for the most recent fiscal period, as reported in the Form 10-K, have been omitted.

Accounting Basis

The Company uses the accrual basis of accounting and has adopted a calendar year end.

6

Use of Estimates

The preparation of the financial statements in conformity with accounting principles generally accepted in the U.S requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the financial statement date, and reported amounts of revenue and expenses during the reporting period. Actual results could differ from these estimates.

Cash and Cash Equivalents

The Company considers all highly liquid investments with the original maturities of three months or less to be cash equivalents. The Company had $65,834 and $165,481 cash and cash equivalents as of September 30, 2017 and December 31, 2016, respectively.

Inventories

Inventories consist of (a) packing materials and (b) raw materials, which are stated at the lower of cost or market under the first-in-first-out method. The Company reviews its inventories periodically for possible excess and obsolescence to determine if any reserves are necessary.

Revenue Recognition

The Company recognizes revenue when (1) delivery of product has occurred or services have been rendered, (2) there is persuasive evidence of a sale arrangement, (3) selling prices are fixed or determinable, and (4) collectability from the customer is reasonably assured.

Segment Reporting 

The Company follows FASB ASC Topic 280, “Segment Reporting” for its segment reporting. The Company and its subsidiaries managed and reviewed its business as three operating segments. The business of the Company was managed and reviewed as US segment. The business of HKFW was managed and reviewed as Hong Kong segment. The business of CBKB was managed and reviewed as PRC segment.

ASC-280-10-50-12 states, a public entity shall report separately information about an operating segment that meets any of the following quantitative thresholds:

a. Its reported revenue, including both sales to external customers and intersegment sales or transfers, is 10 percent or more of the combined revenue, internal and external, of all operating segments.

b. The absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount, of either:

1.	The combined reported profit of all operating segments that did not report a loss
2.	The combined reported loss of all operating segments that did report a loss.

c. Its assets are 10 percent or more of the combined assets of all operating segments.

Recently Issued Accounting Pronouncements

Management has considered all recent accounting pronouncements issued since the last audit of the Company’s financial statements. The Company’s management believes that these recent pronouncements will not have a material effect on the Company’s financial statements.

7

NOTE 3 – GOING CONCERN

Pursuant to ASU 2014-15, the Company has assessed its ability to continue as a going concern for a period of one year from the date of the issuance of these financial statements. Substantial doubt about an entity’s ability to continue as a going concern exists when relevant conditions and events, considered in the aggregate, indicate that it is probable that the entity will be unable to meet its obligations as they become due within one year from the financial statement issuance date. The accompanying financial statements have been prepared in conformity with generally accepted accounting principle, which contemplate continuation of the Company as a going concern. The Company currently has an accumulated deficit, and has not completed its efforts to establish a stabilized source of revenues sufficient to cover operating costs over an extended period of time. These conditions raise substantial doubt as to its ability to continue as a going concern. These financial statements do not include adjustments relating to the recoverability and classification of reported asset amounts or the amount and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

Management anticipates that the Company will be dependent, for the near future, on additional investment capital to fund operating expenses. The Company is in the process of initiating its profitable operations, so that it may be able to raise additional funds through its operations. In light of management’s efforts, there are no assurances that the Company will be successful in this or any of its endeavors or become financially viable and continue as a going concern. 

NOTE 4 – INVENTORIES

The components of the Company’s inventory were packaging materials and inventory in transit. Inventory consisted of the following as of September 30, 2017 and December 31, 2016:

	September 30, 2017		December 31, 2016
Packaging materials	$	5,524	$	-
Inventory in transit		17,312		-
Total inventory	$	22,836	$	-

NOTE 5 – PREPAID EXPENSES AND OTHER CURRENT ASSETS

Prepaid expenses and other current assets primarily include prepaid consulting fee, deposit for product processing fee and security deposit for rent. As of September 30, 2017, and December 31, 2016, prepaid expenses and other current assets were $12,861 and $12,150, respectively.

NOTE 6 – DUE TO RELATED PARTY

During the nine months ended September 30, 2017 and 2016, the Company's sole officer loaned the Company $900 and $28,088, respectively. As of September 30, 2017 and December 31, 2016, the Company was obligated to the officer, for an unsecured, non-interest bearing demand loan with a balance of $75,479 and $74,579, respectively.

NOTE 7 – CONVERTIBLE NOTE PAYABLE

On September 1, 2016, the Company entered into a Convertible Note Agreement in the principal amount of $200,000 with an unrelated party. The note bears interest at 12% per annum and the holder is able to convert all unpaid interest and principal into common shares at $3.50 per share. The note matures on September 1, 2018. The Company recognized a discount on the note of $38,857 at the agreement date. The interest expense was due every six months commencing on March 1, 2017 until the principal amount of this convertible note was paid in full.

The Company recognized interest expense related to the convertible note of $32,571 for the nine months ended September 30, 2017. The unamortized debt discount at September 30, 2017 was $17,810. As of September 30, 2017, net balance of the convertible note amounted to $182,190.

8

 NOTE 8 – COMMITMENTS

Operating Lease

The Company has operating leases for its office. Rental expenses for the three months ended September 30, 2017 and 2016 were $3,000 and nil, respectively. Rental expenses for the nine months ended September 30, 2017 and 2016 were $9,000 and nil, respectively. As of September 30, 2017, total future minimum annual lease payments under operating lease was as follows, by years: 

Twelve months ending September 30, 2018	$	12,000
Thereafter		-
Total	$	12,000

NOTE 9 – INCOME TAXES

The Company provides for income taxes under ASC 740, "Income Taxes”. ASC 740 requires the use of an asset and liability approach in accounting for income taxes. Deferred tax assets and liabilities are recorded based on the differences between the financial statement and tax basis of assets and liabilities and the tax rates in effect when these differences are expected to reverse. It also requires the reduction of deferred tax assets by a valuation allowance if, based on the weight of available evidence, it is more likely than not that some or all of the deferred tax assets will not be realized.

The Company is subject to taxation in the United States and certain state jurisdictions. The provision for income taxes differs from the amounts which would be provided by applying the statutory federal income tax rate of 34% to the net loss before provision for income taxes. HKFW in Hong Kong are governed by the Inland Revenue Ordinance Tax Law of Hong Kong, and are generally subject to a profits tax at the rate of 16.5% on the estimated assessable profits. CBNB in the PRC is governed by the Income Tax Law of the PRC concerning the private enterprises, which are generally subject to tax at 25% on income reported in the statutory financial statements after appropriated adjustments.

Provision (benefit) for income tax for the three months ended September 30, 2017 consisted of:

Three months ended September 30, 2017	Federal		State		Foreign		Total
Current	$	-	$	-	$	-	$	-
Deferred		-		-		-		-
Total	$	-	$	-	$	-	$	-

Provision (benefit) for income tax for the three months ended September 30, 2016 consisted of:

Three months ended September 30, 2016	Federal		State		Foreign		Total
Current	$	-	$	-	$	-	$	-
Deferred		-		-		-		-
Total	$	-	$	-	$	-	$	-

Provision (benefit) for income tax for the nine months ended September 30, 2017 consisted of:

Nine months ended September 30, 2017	Federal		State		Foreign		Total
Current	$	-	$	800	$	-	$	800
Deferred		-		-		-		-
Total	$	-	$	800	$	-	$	800

9

Provision (benefit) for income tax for the nine months ended September 30, 2016 consisted of:

Nine months ended September 30, 2016	Federal		State		Foreign		Total
Current	$	-	$	-	$	-	$	-
Deferred		-		-		-		-
Total	$	-	$	-	$	-	$	-

Net deferred tax assets consist of the following components as of:

	September 30, 2017			December 31, 2016
Deferred tax asset:
Net operating loss carry forwards	$	89,634		$	46,126
Valuation allowance		(89,634	)		(46,126	)
Net deferred tax asset	$	-		$	-

Due to the change in ownership provisions of the Income Tax laws of United States of America, net operating loss carry forwards of approximately $263,000, which expires in 2032, for federal income tax reporting purposes are subject to annual limitations. When a change in ownership occurs, net operating loss carry forwards may be limited as to use in future years.

NOTE 10 – SEGMENT INFORMATION

Except total assets, PRC and Hong Kong segment do not meet any ASC 280 quantitative thresholds in the reported consolidated amounts. The following table shows the Company’s total assets segments as of September 30, 2017 and December 31, 2016:

	September 30, 2017		December 31, 2016
Total Assets
United States	$	87,773	$	177,631
Hong Kong		13,758		-
PRC		-		-
Total Assets	$	101,531	$	177,631

NOTE 11 – SUBSEQUENT EVENT

The Company has evaluated all other subsequent events through the date the financial statements were issued, and determine that there were no other subsequent events or transactions that require recognition or disclosures in the financial statements.

10

Management’s Discussion and Analysis of Financial Condition and Results of Operations.

As used in this Form 10-Q, references to “MakingORG”,” the “Company,” “we,” “our” or “us” refer to MakingORG, Inc. unless the context otherwise indicates.

Forward-Looking Statements

The following discussion should be read in conjunction with our financial statements, which are included elsewhere in this Form 10-Q (the “Report”). This Report contains forward-looking statements which relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors that may cause our or our industry’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.

While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein. We assume no obligation to update forward-looking statements, except as otherwise required under the applicable federal securities laws.

Plan of Operation

Given our limited resources and the fact that we have never generated any revenues from the sale of our products, we are no longer focused on operating a business and have abandoned our initial business plan. Although our sole officer and director intends to have the Company open a line of health food stores or stores-in-stores within the Asian communities in the United States, we might just identify and negotiate with another company for the business combination or merger of that entity with and into our company. We would seek, investigate and, if such investigation warrants, acquire an interest in one or more business opportunities presented to it by persons or firms who or which desire to seek the perceived advantages of a publicly held corporation. At this time, we have no plan, proposal, agreement, understanding or arrangement to acquire or merge with any specific business or company, and the Company has not identified any specific business or company for investigation and evaluation. No member of management or promoter of the Company has had any material discussions with any other company with respect to any acquisition of that company.

We will not restrict our search for another target company to any specific business, industry or geographical location, and the Company may participate in a business venture of virtually any kind or nature. The discussion of the proposed plan of operation under this caption and throughout this Quarterly Report is purposefully general and is not meant to be restrictive of the Company's virtually unlimited discretion to search for and enter into potential business opportunities.

The following discussion should be read in conjunction with the unaudited interim financial statements contained in this Report and in conjunction with the Company's Form 10-K filed on April 17, 2017. Results for interim periods may not be indicative of results for the full year.

Critical Accounting Policies and Estimates

For revenue from product sales, the Company will recognize revenue in accordance with paragraph 605-10-S99-1 of the FASB Accounting Standards Codification (“ASC”) for revenue recognition. ASC 605 requires that four basic criteria must be met before revenue can be recognized: (1) persuasive evidence of an arrangement exists; (2) delivery has occurred; (3) the selling price is fixed and determinable; and (4) collectability is reasonably assured. Determination of criteria (3) and (4) are based on management’s judgment regarding the fixed nature of the selling prices of the products delivered and the collectability of those amounts. Provisions for discounts and rebates to customers, estimated returns and allowance, and other adjustments will be provided for in the same period the related sales are recorded.

11

The preparation of financial statements in conformity with generally accepted accounting principles in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosures of contingent assets and liabilities at the date of the financial statements, and the reported amount of revenues and expenses during the reported period. Actual results could differ from those estimates.

Results of Operations

For the three months ended September 30, 2017 and 2016

	Three Months Ended September 30,
	2017			2016			Change			Percent
Revenue	$	-		$	-		$	-			-	%
Operating expenses:
Selling, general and administrative		5,766			402			5,364			1334	%
Professional fees		19,752			4,250			15,502			365	%
Income from operations		25,518			4,652			20,866			449	%
Other income (expenses):
Interest expense		(10,857	)		(3,619	)		(7,238	)		200	%
Total other income (expenses)		(10,857	)		(3,619	)		(7,238	)		200	%
Loss before income taxes		(36,375	)		(8,271	)		(28,104	)		340	%
Income tax expense		-			-			-			-	%
Net income	$	(36,375	)	$	(8,271	)	$	(28,104	)		340	%

Revenue

The Company did not generate any revenue during the three months ended September 30, 2017 and 2016.

Total operating expenses

During the three months ended September 30, 2017, total operating expenses were $25,518, which consisted of professional fees of $19,752, rent expenses of $3,000, office expenses of $2,335 and bank service charge of $431. During the three months ended September 30, 2016, total operating expenses were $4,652, which included professional fees of $4,250, bank service charge of $144, and office expenses of $258. Total operating expenses increased by $20,866, or 449%, from the three months ended September 30, 2016 to 2017 primarily due to the increase in rent expenses and the professional fees.

Total other income (expenses)

During the three months ended September 30, 2017 and 2016, the Company incurred interest expense of $10,857 and $3,619, respectively.

12

Net loss

During the three months ended September 30, 2017, the Company had a net loss of $36,375, compared with a net loss of $8,271 for the three months ended September 30, 2016.

For the nine months ended September 30, 2017 and 2016

	Nine Months Ended September 30,
	2017			2016			Change			Percent
Revenue	$	-		$	-		$	-			-	%
Operating expenses:
Selling, general and administrative		29,595			610			28,985			4752	%
Professional fees		65,257			19,722			45,535			231	%
Income from operations		94,852			20,332			74,520			367	%
Other income (expenses):
Interest expense		(32,571	)		(3,619	)		(28,952	)		800	%
Total other income (expenses)		(32,571	)		(3,619	)		(28,952	)		800	%
Loss before income taxes		(127,423	)		(23,951	)		(103,472	)		432	%
Income tax expense		800			-			800			-	%
Net income	$	(128,223	)	$	(23,951	)	$	(104,272	)		435	%

Revenue

The Company did not generate any revenue during the nine months ended September 30, 2017 and 2016.

Total operating expenses

During the nine months ended September 30, 2017, total operating expenses were $94,852, which consisted of professional fees of $65,257, marketing and product exam expense of $10,275, research and development expense of $7,000, rent expenses of $9,000, website expense of $1,800, bank service charge of $960, and office expenses of $560. During the nine months ended September 30, 2016, total operating expenses were $20,332, which included professional fees of $19,722, bank service charge of $144, and office expenses of $466. Total operating expenses increased by $74,520, or 367%, from nine months ended September 30, 2016 to 2017 primarily due to the increase in marketing and product exam expense, research and development expense, rent expenses and the professional fees.

Total other income (expenses)

During the nine months ended September 30, 2017 and 2016, the Company incurred interest expense of $32,571 and $3,619, respectively.

Net loss

During the nine months ended September 30, 2017, the Company had a net loss of $128,223, as compared with a net loss of $23,951 for the nine months ended September 30, 2016.

13

Liquidity and Capital Resources

As of September 30, 2017, the Company had cash and cash equivalents and total assets of $65,834 and $101,531, respectively. As of same date, the Company had total liabilities of $302,408, of which $182,190 was due to convertible note payable and $75,479 was due to the sole officer and director as an unsecured, non-interest bearing demand loan. As of September 30, 2017, and December 31, 2016, the Company had working capital amount of ($200,877) and $94,977, respectively.

Other than an oral agreement with Mrs. Cui to fund the expenses of the Company, we currently have no agreements, arrangements or understandings with any person to obtain funds through bank loans, lines of credit or any other sources. Since the Company has no such arrangements or plans currently in effect, its inability to raise funds for the above purposes will have a severe negative impact on its ability to remain a viable company.

Cash Flows from Operating Activities

For the nine months ended September 30, 2017, net cash flows used in operating activities was $100,547 resulting from a net loss of $128,223, amortization of debt discount of $14,571, an increase in inventory of $22,836, an increase in prepaid expenses and other current assets of $711, and an increase in accounts payable of $15,152 and accrued liabilities of $21,500. For the nine months ended September 30, 2016, net cash flows used in operating activities was $22,632 resulting from a net loss of $23,951, amortization of debt discount of $1,619, and an decrease in accrued liabilities of $300.

Cash Flows from Investing Activities

For the nine months ended September 30, 2017 and 2016, the Company did not have any cash flow from investing activities.

Cash Flows from Financing Activities

For the nine months ended September 30, 2017, advances from the Company’s sole officer and director provided $900. For the nine months ended September 30, 2016, net cash flows provided by financing activities was $228,088, resulting from proceeds from convertible note of $200,000 and advances from the Company’s sole officer and director of $28,088.

Going Concern Consideration

The Company had no revenues and incurred a net loss of $128,223 for the nine months ended September 30, 2017 and a net loss of $23,951 for the nine months ended September 30, 2016. In addition, the Company had an accumulated deficit of $263,887 at September 30, 2017. These factors raise substantial doubt about the Company’s ability to continue as a going concern. The Company’s ability to continue as a going concern is dependent on its ability to raise additional capital. The Company’s financial statements do not include any adjustments relating to the recoverability and classification of reported asset amounts or the amount and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

Convertible Note Payable

On September 1, 2016, the Company entered into a Convertible Note Agreement in the principal amount of $200,000 with an unrelated party. The note bears interest at 12% per annum and the holder is able to convert all unpaid interest and principal into common shares at $3.50 per share. The note matures on September 1, 2018. The Company recognized a discount on the note of $38,857 at the agreement date. The interest expense was due every six months commencing on March 1, 2017 until the principal amount of this convertible note was paid in full.

The Company recognized interest expense related to the convertible note of $32,571 for the nine months ended September 30, 2017. The unamortized debt discount at September 30, 2017 was $17,810. As of September 30, 2017, net balance of the convertible note amounted to $182,190.

14

Operating Lease

The Company has operating leases for its office. Rental expenses for the three months ended September 30, 2017 and 2016 were $3,000 and nil, respectively. Rental expenses for the nine months ended September 30, 2017 and 2016 were $9,000 and nil, respectively. As of September 30, 2017, total future minimum annual lease payments under operating lease was as follows, by years:

Twelve months ending September 30, 2018	$	12,000
Thereafter		-
Total	$	12,000

Off-Balance Sheet Arrangements

We have no off-balance sheet arrangements.

Item 3. Quantitative and Qualitative Disclosures About Market Risk.

Not applicable because we are an emerging growth company.

Item 4. Controls and Procedures.

Disclosure Controls and Procedures

Pursuant to Rule 13a-15(b) under the Securities Exchange Act of 1934 (“Exchange Act”), the Company carried out an evaluation, with the participation of the Company’s management, including the Company’s Chief Executive Officer (“CEO”) and Chief Financial Officer (“CFO”) (the Company’s principal financial and accounting officer), of the effectiveness of the Company’s disclosure controls and procedures (as defined under Rule 13a-15(e) under the Exchange Act) as of the end of the period covered by this report. Based upon that evaluation, the Company’s CEO and CFO concluded that the Company’s disclosure controls and procedures are not effective as of June 30, 2017 to ensure that information required to be disclosed by the Company in the reports that the Company files or submits under the Exchange Act, is recorded, processed, summarized and reported, within the time periods specified in the SEC’s rules and forms, and that such information is accumulated and communicated to the Company’s management, including the Company’s CEO and CFO, as appropriate, to allow timely decisions regarding required disclosure for the reason described below.

Because of our limited operations, we have limited number of employees which prohibits a segregation of duties. In addition, we lack a formal audit committee with a financial expert. As we grow and expand our operations we will engage additional employees and experts as needed. However, there can be no assurance that our operations will expand.

Changes in Internal Control Over Financial Reporting

There were no changes in our internal control over financial reporting that occurred during the period covered by this report that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

15

PART II. OTHER INFORMATION

Item 1. Legal Proceedings.

Management is not aware of any legal proceedings contemplated by any governmental authority or any other party involving us or our properties. As of the date of this Quarterly Report, no director, officer or affiliate is (i) a party adverse to us in any legal proceeding, or (ii) has an adverse interest to us in any legal proceedings. Management is not aware of any other legal proceedings pending or that have been threatened against us or our properties.

Item 1A. Risk Factors.

As an emerging growth company, we are not required to provide the information required by this item.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.

Unregistered Sales of Equity Securities

None.

Purchases of equity securities by the issuer and affiliated purchasers

None.

Use of Proceeds

None

Item 3. Defaults Upon Senior Securities.

None.

Item 4. Mine Safety Disclosures.

Not applicable.

Item 5. Other Information.

None.

16

Item 6. Exhibits

31.1	Certification of Principal Executive Officer and Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act
32.1	Certification of Principal Executive Officer and Principal Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act

101.INS	XBRL Instance Document
101.SCH	XBRL Taxonomy Extension Schema Document
101.CAL	XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF	XBRL Taxonomy Extension Definition Linkbase Document
101.LAB	XBRL Taxonomy Extension Label Linkbase Document
101.PRE	XBRL Taxonomy Extension Presentation Linkbase Document

17

SIGNATURES

In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	MakingORG, Inc.
Dated: November 13, 2017	By:	/s/ Juanzi Cui
	Name:	Juanzi Cui
		President, Chief Executive Officer and Chief Financial
		Officer (principal executive officer and principal financial and accounting officer)

18

EX-31.1

EXHIBIT 31.1

CERTIFICATION OF

PRINCIPAL EXECUTIVE OFFICER AND PRINCIPAL ACCOUNTING OFFICER

PURSUANT TO 18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO SECTION 906 OF

THE SARBANES-OXLEY ACT OF 2002

I, Juanzi Cui, certify that:

1.	I have reviewed this Quarterly Report on Form 10-Q of MakingORG, Inc. (the “Registrant”):
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(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 13-a13a-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(s) 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.

Dated: November 13, 2017	By:	/s/ Juanzi Cui
		Juanzi Cui
		Chief Executive Officer and Chief Financial Officer (Principal Executive Officer and Principal Accounting Officer)

EX-32.1

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 MakingORG, Inc. (the “Company”) on Form 10-Q for the period ended September 30, 2017 (the “Report”), I, Juanzi Cui, Chief Executive Officer and Chief Financial Officer of the Company, hereby 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), as applicable, of the Securities Exchange Act of 1934; and
2.	The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Dated: November 13, 2017	By:	/s/ Juanzi Cui
		Juanzi Cui
		Chief Executive Officer
		Chief Financial Officer
		(Principal Executive Officer and Principal Accounting Officer)

XML

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2017	Nov. 09, 2017
Document And Entity Information
Entity Registrant Name	MAKINGORG, INC.
Entity Central Index Key	0001569083
Document Type	10-Q
Document Period End Date	Sep. 30, 2017
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		35,430,000
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2017

XML

BALANCE SHEETS - USD ($)	Sep. 30, 2017	Dec. 31, 2016
Current Assets
Cash and cash equivalents	$ 65,834	$ 165,481
Inventory	22,836
Prepaid expenses and other current assets	12,861	12,150
Total Assets	101,531	177,631
Current Liabilities
Accounts payable	15,152
Accrued liabilities	29,587	8,075
Due to related party	75,479	74,579
Convertible note payable, net of discount $17,810 and $0, respectively	182,190
Total Current Liabilities	302,408	82,654
Long Term Liabilities
Convertible note payable, net of discount $0 and $32,381, respectively		167,619
TOTAL LIABILITIES	302,408	250,273
Stockholders' Deficit
Preferred stock, par value $0.001; 50,000,000 shares authorized, zero shares issued and outstanding
Common stock, par value $0.001; 150,000,000 shares authorized, 35,430,000 shares issued and outstanding	35,430	35,430
Additional paid-in capital	27,592	27,592
Accumulated other comprehensive gain/(loss)	(12)
Accumulated deficit	(263,887)	(135,664)
Total Stockholders' Deficit	(200,877)	(72,642)
Total Liabilities and Stockholders' Deficit	$ 101,531	$ 177,631

XML

BALANCE SHEETS (Parenthetical) - USD ($)	Sep. 30, 2017	Dec. 31, 2016
Current Liabilities
Debt discount of convertible note payable	$ 17,810	$ 0
Long Term Liabilities
Debt discount of convertible note payable	$ 0	$ 32,381
Stockholders' Deficit
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	150,000,000	150,000,000
Common stock, shares issued	35,430,000	35,430,000
Common stock, shares outstanding	35,430,000	35,430,000

XML

STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Statements Of Operations And Comprehensive Loss
REVENUES
OPERATING EXPENSES
Selling, general and administrative	5,766	402	29,595	610
Professional fees	19,752	4,250	65,257	19,722
TOTAL OPERATING EXPENSES	25,518	4,652	94,852	20,332
OTHER INCOME (EXPENSE)
Interest expense	(10,857)	(3,619)	(32,571)	(3,619)
TOTAL OTHER INCOME (EXPENSE)	(10,857)	(3,619)	(32,571)	(3,619)
LOSS BEFORE INCOME TAX	(36,375)	(8,271)	(127,423)	(23,951)
Income tax			800
NET LOSS	(36,375)	(8,271)	(128,223)	(23,951)
Other comprehensive items
Foreign currency translation loss	12		12
Comprehensive loss	$ (36,387)	$ (8,271)	$ (128,235)	$ (23,951)
NET LOSS PER COMMON SHARE: BASIC AND DILUTED	$ (0.00)	$ (0.00)	$ (0.00)	$ (0.00)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING: BASIC AND DILUTED	35,430,000	35,430,000	35,430,000	35,430,000

XML

STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (128,223)	$ (23,951)
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization of debt discount	14,571	1,619
Changes in assets and liabilities:
Inventory	(22,836)
Prepaid expenses and other current assets	(711)
Accounts payable	15,152
Accrued liabilities	21,500	(300)
CASH FLOWS USED IN OPERATING ACTIVITIES	(100,547)	(22,632)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds for convertible note		200,000
Loan from related party	900	28,088
CASH FLOWS PROVIDED BY FINANCING ACTIVITIES	900	228,088
EFFECT OF EXCHANGE RATE ON CASH
NET INCREASE IN CASH AND CASH EQUIVALENTS	(99,647)	205,456
Cash and cash equivalents, beginning of period	165,481
Cash and cash equivalents, end of period	65,834	205,456
SUPPLEMENTAL CASH FLOW INFORMATION:
Interest paid
Income taxes paid	800
NON-CASH FINANCING ACTIVITIES:
Beneficial conversion feature recognition		$ (38,857)

XML

ORGANIZATION AND NATURE OF BUSINESS

9 Months Ended

Sep. 30, 2017

Notes to Financial Statements

NOTE 1 - ORGANIZATION AND NATURE OF BUSINESS

MakingORG, Inc. was incorporated under the laws of the State of Nevada on August 10, 2012. The Company intends to establish a line of health food stores or stores-in-stores within the Asian communities in the United States. The trading symbol of the Company is "CQCQ".

On October 20, 2016, the Company filed documents registering its intention to transact interstate business in the state of California. On November 29, 2016, the Company incorporated HK Feng Wang Group Limited (“HKFW”) under the laws of Hong Kong. On August 22, 2017, HK Feng Wang Group Limited incorporated Chongqing Beauty Kenner Biotechnology Co., Ltd (“CBKB”) under the laws of the People’s Republic of China (“PRC”).

XML

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

9 Months Ended

Sep. 30, 2017

Notes to Financial Statements

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Principles of Consolidation

The unaudited accompanying condensed consolidated financial statements include the accounts of MakingORG, Inc. and its subsidiaries as shown in the organization structure in Note 1 above. All significant intercompany transactions and balances were eliminated in consolidation.

Basis of Presentation

The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America and are presented in US dollars.

The accompanying unaudited interim financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission, and should be read in conjunction with the audited financial statements and notes thereto contained in the Company’s most recent Annual Financial Statements filed with the SEC on Form 10-K. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim period presented have been reflected herein. The results of operations for the interim period are not necessarily indicative of the results to be expected for the full year. Notes to the financial statements which would substantially duplicate the disclosures contained in the audited financial statements for the most recent fiscal period, as reported in the Form 10-K, have been omitted.

Accounting Basis

The Company uses the accrual basis of accounting and has adopted a calendar year end.

Use of Estimates

The preparation of the financial statements in conformity with accounting principles generally accepted in the U.S requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the financial statement date, and reported amounts of revenue and expenses during the reporting period. Actual results could differ from these estimates.

Cash and Cash Equivalents

The Company considers all highly liquid investments with the original maturities of three months or less to be cash equivalents. The Company had $65,834 and $165,481 cash and cash equivalents as of September 30, 2017 and December 31, 2016, respectively.

Inventories

Inventories consist of (a) packing materials and (b) raw materials, which are stated at the lower of cost or market under the first-in-first-out method. The Company reviews its inventories periodically for possible excess and obsolescence to determine if any reserves are necessary.

Revenue Recognition

The Company recognizes revenue when (1) delivery of product has occurred or services have been rendered, (2) there is persuasive evidence of a sale arrangement, (3) selling prices are fixed or determinable, and (4) collectability from the customer is reasonably assured.

Segment Reporting 

The Company follows FASB ASC Topic 280, “Segment Reporting” for its segment reporting. The Company and its subsidiaries managed and reviewed its business as three operating segments. The business of the Company was managed and reviewed as US segment. The business of HKFW was managed and reviewed as Hong Kong segment. The business of CBKB was managed and reviewed as PRC segment.

ASC-280-10-50-12 states, a public entity shall report separately information about an operating segment that meets any of the following quantitative thresholds:

a. Its reported revenue, including both sales to external customers and intersegment sales or transfers, is 10 percent or more of the combined revenue, internal and external, of all operating segments.

b. The absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount, of either:

1.	The combined reported profit of all operating segments that did not report a loss
2.	The combined reported loss of all operating segments that did report a loss.

c. Its assets are 10 percent or more of the combined assets of all operating segments.

Recently Issued Accounting Pronouncements

Management has considered all recent accounting pronouncements issued since the last audit of the Company’s financial statements. The Company’s management believes that these recent pronouncements will not have a material effect on the Company’s financial statements.

XML

GOING CONCERN

9 Months Ended

Sep. 30, 2017

Notes to Financial Statements

NOTE 3 - GOING CONCERN

Pursuant to ASU 2014-15, the Company has assessed its ability to continue as a going concern for a period of one year from the date of the issuance of these financial statements. Substantial doubt about an entity’s ability to continue as a going concern exists when relevant conditions and events, considered in the aggregate, indicate that it is probable that the entity will be unable to meet its obligations as they become due within one year from the financial statement issuance date. The accompanying financial statements have been prepared in conformity with generally accepted accounting principle, which contemplate continuation of the Company as a going concern. The Company currently has an accumulated deficit, and has not completed its efforts to establish a stabilized source of revenues sufficient to cover operating costs over an extended period of time. These conditions raise substantial doubt as to its ability to continue as a going concern. These financial statements do not include adjustments relating to the recoverability and classification of reported asset amounts or the amount and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

Management anticipates that the Company will be dependent, for the near future, on additional investment capital to fund operating expenses. The Company is in the process of initiating its profitable operations, so that it may be able to raise additional funds through its operations. In light of management’s efforts, there are no assurances that the Company will be successful in this or any of its endeavors or become financially viable and continue as a going concern. 

XML

INVENTORIES

9 Months Ended

Sep. 30, 2017

Notes to Financial Statements

NOTE 4 - INVENTORIES

The components of the Company’s inventory were packaging materials and inventory in transit. Inventory consisted of the following as of September 30, 2017 and December 31, 2016:

	September 30, 2017		December 31, 2016
Packaging materials	$	5,524	$	-
Inventory in transit		17,312		-
Total inventory	$	22,836	$	-

XML

PREPAID EXPENSES AND OTHER CURRENT ASSETS

9 Months Ended

Sep. 30, 2017

Notes to Financial Statements

NOTE 5 - PREPAID EXPENSES AND OTHER CURRENT ASSETS

Prepaid expenses and other current assets primarily include prepaid consulting fee, deposit for product processing fee and security deposit for rent. As of September 30, 2017, and December 31, 2016, prepaid expenses and other current assets were $12,861 and $12,150, respectively.

XML

DUE TO RELATED PARTY

9 Months Ended

Sep. 30, 2017

Notes to Financial Statements

NOTE 6 - DUE TO RELATED PARTY

During the nine months ended September 30, 2017 and 2016, the Company's sole officer loaned the Company $900 and $28,088, respectively. As of September 30, 2017 and December 31, 2016, the Company was obligated to the officer, for an unsecured, non-interest bearing demand loan with a balance of $75,479 and $74,579, respectively.

XML

CONVERTIBLE NOTE PAYABLE

9 Months Ended

Sep. 30, 2017

Notes to Financial Statements

NOTE 7 - CONVERTIBLE NOTE PAYABLE

On September 1, 2016, the Company entered into a Convertible Note Agreement in the principal amount of $200,000 with an unrelated party. The note bears interest at 12% per annum and the holder is able to convert all unpaid interest and principal into common shares at $3.50 per share. The note matures on September 1, 2018. The Company recognized a discount on the note of $38,857 at the agreement date. The interest expense was due every six months commencing on March 1, 2017 until the principal amount of this convertible note was paid in full.

The Company recognized interest expense related to the convertible note of $32,571 for the nine months ended September 30, 2017. The unamortized debt discount at September 30, 2017 was $17,810. As of September 30, 2017, net balance of the convertible note amounted to $182,190.

XML

COMMITMENTS

9 Months Ended

Sep. 30, 2017

Notes to Financial Statements

NOTE 8 - COMMITMENTS

Operating Lease

The Company has operating leases for its office. Rental expenses for the three months ended September 30, 2017 and 2016 were $3,000 and nil, respectively. Rental expenses for the nine months ended September 30, 2017 and 2016 were $9,000 and nil, respectively. As of September 30, 2017, total future minimum annual lease payments under operating lease was as follows, by years: 

Twelve months ending September 30, 2018	$	12,000
Thereafter		-
Total	$	12,000

XML

INCOME TAXES

9 Months Ended

Sep. 30, 2017

Notes to Financial Statements

NOTE 9 - INCOME TAXES

The Company provides for income taxes under ASC 740, "Income Taxes”. ASC 740 requires the use of an asset and liability approach in accounting for income taxes. Deferred tax assets and liabilities are recorded based on the differences between the financial statement and tax basis of assets and liabilities and the tax rates in effect when these differences are expected to reverse. It also requires the reduction of deferred tax assets by a valuation allowance if, based on the weight of available evidence, it is more likely than not that some or all of the deferred tax assets will not be realized.

The Company is subject to taxation in the United States and certain state jurisdictions. The provision for income taxes differs from the amounts which would be provided by applying the statutory federal income tax rate of 34% to the net loss before provision for income taxes. HKFW in Hong Kong are governed by the Inland Revenue Ordinance Tax Law of Hong Kong, and are generally subject to a profits tax at the rate of 16.5% on the estimated assessable profits. CBNB in the PRC is governed by the Income Tax Law of the PRC concerning the private enterprises, which are generally subject to tax at 25% on income reported in the statutory financial statements after appropriated adjustments.

Provision (benefit) for income tax for the three months ended September 30, 2017 consisted of:

Three months ended September 30, 2017	Federal		State		Foreign		Total
Current	$	-	$	-	$	-	$	-
Deferred		-		-		-		-
Total	$	-	$	-	$	-	$	-

Provision (benefit) for income tax for the three months ended September 30, 2016 consisted of:

Three months ended September 30, 2016	Federal		State		Foreign		Total
Current	$	-	$	-	$	-	$	-
Deferred		-		-		-		-
Total	$	-	$	-	$	-	$	-

Provision (benefit) for income tax for the nine months ended September 30, 2017 consisted of:

Nine months ended September 30, 2017	Federal		State		Foreign		Total
Current	$	-	$	800	$	-	$	800
Deferred		-		-		-		-
Total	$	-	$	800	$	-	$	800

Provision (benefit) for income tax for the nine months ended September 30, 2016 consisted of:

Nine months ended September 30, 2016	Federal		State		Foreign		Total
Current	$	-	$	-	$	-	$	-
Deferred		-		-		-		-
Total	$	-	$	-	$	-	$	-

Net deferred tax assets consist of the following components as of:

	September 30, 2017			December 31, 2016
Deferred tax asset:
Net operating loss carry forwards	$	89,634		$	46,126
Valuation allowance		(89,634	)		(46,126	)
Net deferred tax asset	$	-		$	-

Due to the change in ownership provisions of the Income Tax laws of United States of America, net operating loss carry forwards of approximately $263,000, which expires in 2032, for federal income tax reporting purposes are subject to annual limitations. When a change in ownership occurs, net operating loss carry forwards may be limited as to use in future years.

XML

SEGMENT INFORMATION

9 Months Ended

Sep. 30, 2017

Notes to Financial Statements

NOTE 10 - SEGMENT INFORMATION

Except total assets, PRC and Hong Kong segment do not meet any ASC 280 quantitative thresholds in the reported consolidated amounts. The following table shows the Company’s total assets segments as of September 30, 2017 and December 31, 2016:

	September 30, 2017		December 31, 2016
Total Assets
United States	$	87,773	$	177,631
Hong Kong		13,758		-
PRC		-		-
Total Assets	$	101,531	$	177,631

XML

SUBSEQUENT EVENT

9 Months Ended

Sep. 30, 2017

Notes to Financial Statements

NOTE 11 - SUBSEQUENT EVENT

The Company has evaluated all other subsequent events through the date the financial statements were issued, and determine that there were no other subsequent events or transactions that require recognition or disclosures in the financial statements.

XML

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)

9 Months Ended

Sep. 30, 2017

Summary Of Significant Accounting Policies Policies

Principles of Consolidation

The unaudited accompanying condensed consolidated financial statements include the accounts of MakingORG, Inc. and its subsidiaries as shown in the organization structure in Note 1 above. All significant intercompany transactions and balances were eliminated in consolidation.

Basis of Presentation

The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America and are presented in US dollars.

The accompanying unaudited interim financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission, and should be read in conjunction with the audited financial statements and notes thereto contained in the Company’s most recent Annual Financial Statements filed with the SEC on Form 10-K. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim period presented have been reflected herein. The results of operations for the interim period are not necessarily indicative of the results to be expected for the full year. Notes to the financial statements which would substantially duplicate the disclosures contained in the audited financial statements for the most recent fiscal period, as reported in the Form 10-K, have been omitted.

Accounting Basis

The Company uses the accrual basis of accounting and has adopted a calendar year end.

Use of Estimates

The preparation of the financial statements in conformity with accounting principles generally accepted in the U.S requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the financial statement date, and reported amounts of revenue and expenses during the reporting period. Actual results could differ from these estimates.

Cash and Cash Equivalents

The Company considers all highly liquid investments with the original maturities of three months or less to be cash equivalents. The Company had $65,834 and $165,481 cash and cash equivalents as of September 30, 2017 and December 31, 2016, respectively.

Inventory

Inventories consist of (a) packing materials and (b) raw materials, which are stated at the lower of cost or market under the first-in-first-out method. The Company reviews its inventories periodically for possible excess and obsolescence to determine if any reserves are necessary.

Revenue Recognition

The Company recognizes revenue when (1) delivery of product has occurred or services have been rendered, (2) there is persuasive evidence of a sale arrangement, (3) selling prices are fixed or determinable, and (4) collectability from the customer is reasonably assured.

Segment Reporting

The Company follows FASB ASC Topic 280, “Segment Reporting” for its segment reporting. The Company and its subsidiaries managed and reviewed its business as three operating segments. The business of the Company was managed and reviewed as US segment. The business of HKFW was managed and reviewed as Hong Kong segment. The business of CBKB was managed and reviewed as PRC segment.

ASC-280-10-50-12 states, a public entity shall report separately information about an operating segment that meets any of the following quantitative thresholds:

a. Its reported revenue, including both sales to external customers and intersegment sales or transfers, is 10 percent or more of the combined revenue, internal and external, of all operating segments.

b. The absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount, of either:

1.	The combined reported profit of all operating segments that did not report a loss
2.	The combined reported loss of all operating segments that did report a loss.

c. Its assets are 10 percent or more of the combined assets of all operating segments.

Recently Issued Accounting Pronouncements

Management has considered all recent accounting pronouncements issued since the last audit of the Company’s financial statements. The Company’s management believes that these recent pronouncements will not have a material effect on the Company’s financial statements.

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INVENTORIES (Tables)

9 Months Ended

Sep. 30, 2017

Inventories Tables

Schedule of Inventory

	September 30, 2017		December 31, 2016
Packaging materials	$	5,524	$	-
Inventory in transit		17,312		-
Total inventory	$	22,836	$	-

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COMMITMENTS (Tables)

9 Months Ended

Sep. 30, 2017

Commitments Tables

Schedule of Future Minimum Rental Payments for Operating Leases

As of September 30, 2017, total future minimum annual lease payments under operating lease was as follows, by years: 

Twelve months ending September 30, 2018	$	12,000
Thereafter		-
Total	$	12,000

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INCOME TAXES (Tables)

9 Months Ended

Sep. 30, 2017

Income Taxes Tables

Schedule of Provision (benefit) for income tax

Provision (benefit) for income tax for the three months ended September 30, 2017 consisted of:

Three months ended September 30, 2017	Federal		State		Foreign		Total
Current	$	-	$	-	$	-	$	-
Deferred		-		-		-		-
Total	$	-	$	-	$	-	$	-

Provision (benefit) for income tax for the three months ended September 30, 2016 consisted of:

Three months ended September 30, 2016	Federal		State		Foreign		Total
Current	$	-	$	-	$	-	$	-
Deferred		-		-		-		-
Total	$	-	$	-	$	-	$	-

Provision (benefit) for income tax for the nine months ended September 30, 2017 consisted of:

Nine months ended September 30, 2017	Federal		State		Foreign		Total
Current	$	-	$	800	$	-	$	800
Deferred		-		-		-		-
Total	$	-	$	800	$	-	$	800

Provision (benefit) for income tax for the nine months ended September 30, 2016 consisted of:

Nine months ended September 30, 2016	Federal		State		Foreign		Total
Current	$	-	$	-	$	-	$	-
Deferred		-		-		-		-
Total	$	-	$	-	$	-	$	-

Schedule of Deferred tax assets and liabilities

Net deferred tax assets consist of the following components as of:

	September 30, 2017			December 31, 2016
Deferred tax asset:
Net operating loss carry forwards	$	89,634		$	46,126
Valuation allowance		(89,634	)		(46,126	)
Net deferred tax asset	$	-		$	-

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SEGMENT INFORMATION (Tables)

9 Months Ended

Sep. 30, 2017

Segment Information Tables

Schedule of Segment Information

The following table shows the Company’s total assets segments as of September 30, 2017 and December 31, 2016:

	September 30, 2017		December 31, 2016
Total Assets
United States	$	87,773	$	177,631
Hong Kong		13,758		-
PRC		-		-
Total Assets	$	101,531	$	177,631

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ORGANIZATION AND NATURE OF BUSINESS (Details Narrative)	9 Months Ended
	Sep. 30, 2017
Organization And Nature Of Business Details Narrative
State of incorporation	State of Nevada
Date of incorporation	Aug. 10, 2012

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	Sep. 30, 2017	Dec. 31, 2016	Sep. 30, 2016	Dec. 31, 2015
Summary Of Significant Accounting Policies Details Narrative
Cash and cash equivalents	$ 65,834	$ 165,481	$ 205,456

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INVENTORIES (Details) - USD ($)	Sep. 30, 2017	Dec. 31, 2016
Inventories Details
Packaging materials	$ 5,524
Inventory in transit	17,312
Total inventory	$ 22,836

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PREPAID EXPENSES AND OTHER CURRENT ASSETS (Details Narrative) - USD ($)	Sep. 30, 2017	Dec. 31, 2016
Prepaid Expenses And Other Current Assets Details Narrative
Prepaid expenses and other current assets	$ 12,861	$ 12,150

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DUE TO RELATED PARTY (Details Narrative) - USD ($)	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Due to related party	$ 75,479		$ 74,579
Loan from related party	900	$ 28,088
Officer [Member]
Due to related party	$ 75,479		$ 74,579

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CONVERTIBLE NOTE PAYABLE (Details Narrative) - USD ($)	1 Months Ended	9 Months Ended
	Sep. 01, 2016	Sep. 30, 2017	Dec. 31, 2016
Convertible Note Payable Details Narrative
Principal amount	$ 200,000
Interest rate	12.00%
Share price	$ 3.50
Maturity date	Sep. 01, 2018
Discount on convertible note payable	$ 38,857
Interest expense		$ 32,571
Unamortized debt discount		17,810	$ 0
Convertible note payable, net of discount		$ 182,190

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COMMITMENTS (Details)	Sep. 30, 2017 USD ($)
Commitments Details
Future minimum annual lease payments, twelve months	$ 12,000
Future minimum annual lease payments, thereafter
Future minimum annual lease payments, total	$ 12,000

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COMMITMENTS (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Commitments Details Narrative
Rental expenses	$ 3,000		$ 9,000

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INCOME TAXES (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Current			$ 800
Deferred
Total			800
Federal [Member]
Current
Deferred
Total
State [Member]
Current			800
Deferred
Total			800
Foreign [Member]
Current
Deferred
Total

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INCOME TAXES (Details 1) - USD ($)	Sep. 30, 2017	Dec. 31, 2016
Deferred tax asset:
Net operating loss carry forwards	$ 89,634	$ 46,126
Valuation allowance	(89,634)	(46,126)
Net deferred tax asset

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INCOME TAXES (Detail Textuals)	9 Months Ended
	Sep. 30, 2017 USD ($)
Statutory federal income tax rate	34.00%
Operating loss carry forwards	$ 263,000
Federal income tax expire	2032
Hong Kong [Member]
Statutory federal income tax rate	16.50%
PRC [Member]
Statutory federal income tax rate	25.00%

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SEGMENT INFORMATION (Details) - USD ($)	Sep. 30, 2017	Dec. 31, 2016
Total Assets	$ 101,531	$ 177,631
United States [Member]
Total Assets	87,773	177,631
Hong Kong [Member]
Total Assets	13,758
PRC [Member]
Total Assets