awmi10q123114.htm

0001127855-15-000068.txt : 20150218 0001127855-15-000068.hdr.sgml : 20150216 20150217144655 ACCESSION NUMBER: 0001127855-15-000068 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 9 CONFORMED PERIOD OF REPORT: 20141231 FILED AS OF DATE: 20150217 DATE AS OF CHANGE: 20150217 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Active With Me Inc. CENTRAL INDEX KEY: 0001582249 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] IRS NUMBER: 392080103 STATE OF INCORPORATION: NV FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 333-191083 FILM NUMBER: 15621243 BUSINESS ADDRESS: STREET 1: 2014 HOLLAND AVENUE STREET 2: UNIT 248 CITY: PORT HURON STATE: MI ZIP: 48060 BUSINESS PHONE: (519) 331-9048 MAIL ADDRESS: STREET 1: 2014 HOLLAND AVENUE STREET 2: UNIT 248 CITY: PORT HURON STATE: MI ZIP: 48060 10-Q 1 awmi10q123114.htm ACTIVE WITH ME 10Q, 12.31.14 awmi10q123114.htm

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

x Quarterly Report Pursuant To Section 13 Or 15(D) Of The Securities Exchange Act Of 1934

For the quarterly period ended December 31, 2014

o Transition Report Under Section 13 Or 15(D) Of The Securities Exchange Act Of 1934

For the transition period from ____________ to ____________

COMMISSION FILE NUMBER 333-191083

ACTIVE WITH ME INC.

(Exact name of registrant as specified in its charter)

NEVADA	39-2080103
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)

2005 Lakeshore Road, Sarnia, Ontario, Canada, N7X 1G4

(Address of principal executive offices, including zip code)

519-337-9048

(Issuer’s telephone number, including area code)

Check whether the issuer (1) 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 o No x

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

	Large accelerated filer	o	Accelerated filer	o
	Non-accelerated filer	o	Smaller reporting company	x

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

State the number of shares outstanding of each of the issuer’s classes of common equity, as of the latest practicable date. 3,305,000 shares of common stock as of February 12, 2015.

PART I. FINANCIAL INFORMATION

Item 1. Financial Statements

The following interim unaudited condensed financial statements of Active With Me Inc. (the “Company”) for the six month period ended December 31, 2014 are included with this Quarterly Report on Form 10-Q:

	(a)	Condensed Balance Sheets as at December 31, 2014 (unaudited) and June 30, 2014.

	(b)	Unaudited Condensed Statements of Operations for the three and six months ended December 31, 2014 and 2013

	(c)	Unaudited Condensed Statements of Cash Flows for the three and six months ended December 31, 2014 and 2013

	(d)	Notes to Condensed Interim Financial Statements (Unaudited)

ACTIVE WITH ME, INC.

CONDENSED UNAUDITED BALANCE SHEETS

	December 31,			June 30,
	2014 (Unaudited)			2014 (Audited)

Assets
Current assets
Cash	$	858		$	6,335

Total current assets		858			6,335

Other assets		350			350

Total assets	$	1,208		$	6,685

Liabilities and Stockholders’ Equity (Deficit)

Liabilities
Accounts payable	$	-		$	375
Loan payable to officer and shareholder		2,605			605
Current liabilities		2,605			980
Total liabilities		2,605			980

Stockholders’ equity (deficit)
Preferred stock, $0.001 par value; 10,000,000 shares
authorized; no shares issued and outstanding		-			-
Common stock, $0.001 par value; 65,000,000 shares
authorized; 3,305,000 shares issued and outstanding		3,305			3,305
Additional paid in capital		47,795			47,795
Accumulated deficit		(52,497	)		(45,395	)
Stockholders’ equity (deficit)		(1,397	)		5,705
Total liabilities and stockholders’ equity (deficit)	$	1,208		$	6,685

The accompanying notes to unaudited condensed interim financial statements are

an integral part of this balance sheet.

ACTIVE WITH ME, INC.

CONDENSED UNAUDITED STATEMENT OF OPERATIONS

	Three			Three			Six			Six
	Months Ended December 31,			Months Ended December 31,			Months Ended December 31,			Months Ended December 31,
	2014			2013			2014			2013

Operating expenses:
General and administrative	$	3,672		$	14,217		$	7,102		$	21,680

Total operating expenses		3,672			14,217			7,102			21,680

Loss from operations		(3,672	)		(14,217	)		(7,102	)		(21,680	)


Net loss	$	(3,672	)	$	(14,217	)	$	(7,102	)	$	(21,680	)

Basic and Diluted Loss Per Share	$	(.00	)	$	(.00	)	$	(.00	)	$	(.00	)

Weighted average common shares
outstanding - basic and diluted		3,305,000			3,305,000			3,305,000			3,305,000

The accompanying notes to unaudited condensed interim financial statements are

an integral part of this statement.

ACTIVE WITH ME, INC.

CONDENSED UNAUDITED STATEMENT OF CASH FLOWS

	Six Months Ended December 31, 2014			Six Months Ended December 31, 2013

Operating activities:
Net loss	$	(7,102	)	$	(21,680	)
Adjustments to reconcile net loss to cash used in operating activities:
Changes in operating assets and liabilities:
Other assets		-			(350	)
Accounts payable		(375	)		650
Net cash used in operating activities		(7,477	)		(21,380	)

Financing activities:
Proceeds from loan from shareholder		2,000			-
Net cash provided by financing activities		2,000			-

Net decrease in cash		(5,477	)		(21,380	)

Cash, beginning of period		6,335			46,345

Cash, end of period	$	858		$	24,965

Cash paid for income taxes	$	-		$	-

Cash paid for interest	$	-		$	-

The accompanying notes to unaudited condensed interim financial statements are

an integral part of this statement.

Active With Me, Inc.

Notes to Condensed Unaudited Interim Financial Statements

Note 1 Nature of Business

Business Overview

Active With Me, Inc., (the “Company”), was incorporated in the State of Nevada on December 6, 2012 to create a web-based service that will offer travelers unique, relevant and user-friendly information on activity-based travel. Listings will be provided for product and service providers of interest to the activity-based traveler.

The Company intends to maximize listings on the website, increase the value to the consumer, and provide potential advertisers with an ability to inexpensively feature their services to a very wide and targeted audience.

Note 2 Summary of Significant Accounting Policies

Cash and Concentration of Risk

As of December 31, 2014, the Company maintained its cash account at one commercial bank. The cash balance at December 31, 2014, was within the FDIC coverage of deposits totaling $250,000 per owner.

Risks and Uncertainties

The Company intends to operate in an industry that is subject to rapid change. The Company’s operations will be subject to significant risk and uncertainties including financial, operational, technological, regulatory, and other risks associated with a development stage company, including the potential risk of business failure.

Use of Estimates

Our management has made a number of estimates and assumptions relating to the reporting of assets and liabilities and the disclosure of contingent assets and liabilities to prepare these condensed unaudited financial statements in conformity with accounting principles generally accepted in the United States of America.

Net Loss per Share

Basic loss per share is computed by dividing net loss available to common shareholders by the weighted average number of common shares outstanding during the period. Diluted loss per share includes potentially dilutive securities such as outstanding options and warrants, using various methods such as the treasury stock or modified treasury stock method in the determination of dilutive shares outstanding during each reporting period. As of December 31, 2014, there were no common equivalent shares.

Research and Development Costs

The Company expenses research and development costs as incurred.

Note 3 Going Concern

The accompanying condensed unaudited interim financial statements have been prepared on a going concern basis, which assumes the Company will realize its assets and discharge its liabilities in the normal course of business. As reflected in the accompanying financial statements, the Company, has a deficit accumulated of $ 52,497 as of December 31, 2014. The Company’s ability to continue as a going concern is dependent upon its ability to generate future profitable operations and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. Management’s plans include obtaining additional funds by equity financing through a reverse merger transaction and/or related party advances; however there is no assurance of additional funding being available. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. The accompanying condensed unaudited financial statements do not include any adjustments that might arise as a result of this uncertainty.

Note 4 Loan Payable to Officer and Shareholder

On December 6, 2012, the Company received from its sole Director, President and shareholder, a loan of $605 which such proceeds were utilized to pay for initial organization costs of the Company. On December 12, 2014, the Company received from a shareholder, a loan of $2,000 which such proceeds were utilized to pay for operational expenses of the Company. The loan is not secured, has no specific maturity date and the loan is expected to be repaid from future proceeds received by the Company. There are no other terms to the loan. The balance of the loan is $2,605 and $ 605 as of December 31, 2014 and June 30, 2014, respectively.

Note 5 Stockholders’ Deficit

Authorized Shares

The Company’s Articles of Incorporation authorize the issuance of up to 10,000,000 shares of $.001 par value preferred stock. As of December 31, 2014 there is no preferred stock outstanding.

The Company’s Articles of Incorporation authorize the issuance of up to 65,000,000 shares of $.001 par value common stock. As of December 31, 2014, there are 3,305,000, shares of $0.001 par value common stock issued and outstanding.

Note 6 Commitments

As of December 31, 2014, the Company has not entered into any material operating leases or other financial commitments.

Note 7 Recent Accounting Pronouncements

On June 10, 2014, the FASB issued ASU 2014-10, Development Stage Entities (Topic 915). The amendments in this update remove the definition of a development stage entity from Topic 915, thereby removing the distinction between development stage entities and other reporting entities from U.S. GAAP. In addition, the amendments eliminate the requirements for development stage entities to (1) present inception-to-date information on the statements of income, cash flows, and shareholder’s equity, (2) label the financial statements as those of a development stage entity, (3) disclose a description of the development stage activities in which the entity is engaged, and (4) disclose in the first year in which the entity is no longer a development stage entity that in prior years it had been in the development stage. Early adoption is permitted. The Company adopted ASU 2014-10 during the quarter ended September 30, 2014, thereby no longer presenting or disclosing any information required by Topic 915.

Note 8 Subsequent Events

Management has evaluated events through February 12, 2015, the date that the accompanying unaudited condensed financial statements were issued, for transactions and other events that may require adjustment and/or disclosure. No material events were identified that require adjustment to the financial statements or additional disclosure.

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

THE FOLLOWING DISCUSSION OF THE RESULTS OF OUR OPERATIONS AND FINANCIAL CONDITION SHOULD BE READ IN CONJUNCTION WITH OUR FINANCIAL STATEMENTS AND THE NOTES THERETO INCLUDED ELSEWHERE IN THIS REPORT.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This section of this report includes a number of forward-looking statements that reflect our current views with respect to future events and financial performance. Forward-looking statements are often identified by words like: believe, expect, estimate, anticipate, intend, project and similar expressions, or words which, by their nature, refer to future events. You should not place undue certainty on these forward-looking statements, which apply only as of the date of our report. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results and predictions. We are a development stage company and have not yet generated or realized any revenues.

Overview

Active With Me Inc. is a development stage company formed to create online resources that seamlessly offer travelers unique, highly relevant and user-friendly information on activity-based travel. It will be designed to fill a void in the marketplace by offering third-party content and information to visitors in their activity of choice, while also having the ability to offer links to related clubs and organizations that provide additional information, as well as the potential for interactive experiences. The Company’s website www.activewithme.com will be designed to offer a fundamentally different experience than any other offering in today’s market. The Company’s plan is to design its website centered purely around activities and offer an ability to quickly access relevant content to the particular activity of choice.

We are still in our development stage and cannot commence business operations on our website until its completion. The website has not yet been developed, and substantial additional development work and funding will be required before the website can be fully operational.

We have not earned any revenues to date. We do not anticipate earning revenues until we have completed our website and commenced marketing activities. As of December 31, 2014, we had $858 cash on hand and $2,605 in liabilities. Accordingly, our working capital position as of December 31, 2014 was a deficit of $1,747. Since our inception through December 31, 2014, we have incurred a net loss of $52,497. Our net loss is due to lack of revenues to offset our expenses and the professional fees related to the creation and operation of our business.

Since inception we have worked toward the introduction and development of our website that we will use to generate revenues.

We have no revenues, have achieved losses since inception, have been issued a going concern opinion by our auditors and rely upon the sale of our securities to fund operations. Accordingly, we will be dependent on future additional financing in order to maintain our operations and continue seeking new business opportunities.

Our Plan of Operations

The Company is a development stage company with limited funding. Therefore, development will occur in several phases, as follows:

Early Stage Development

Early stage development of the website will include the design of initial content. Design and construct the initial beta website, populate the site with activity-based content for a particular region (we have yet to determine the best region to start with), develop the site graphics including branding and Company logo (the logo has been designed), and test market the site with friends and others and revise as appropriate.

Because of the costs involved and the fact that the Company’s officer will not be receiving a salary at this time, expenses related to this phase are expected to be less than $20,000. The president will spearhead this effort. The Company expects to have this stage of the plan of operations completed by the Spring of 2015.

The Company is currently working with Adam Schnare, a freelance webpage and application designer and developer. Mr. Schnare has training in Visual basics.NET, Java, Webmatrix, Fusebox and Webplus along with other development software. Mr. Schnare has over 15 years’ experience with website design and launch and over 10 years’ experience with application development.

Further development of the website

The initial live website will be focused on major US points of interest. The Company expects the further development to require the hiring of an initial two permanent employees. This second phase of the operating plan would principally be devoted to establishing a significant presence in the market with as much information on as many areas of interest as possible.

Because of the costs involved and the fact that the president will not be receiving a salary at this time, expenses related to this phase are expected to be related to the costs of hiring two employees, approximately $7,000 per month. The Company currently does not have sufficient capital to initiate this phase of its plan of operations.

Ongoing development of the website

If the Company’s website gains traction in the marketplace and is able to attract advertisers they will continue to build out the website to more and more points of interest all around the world. The Company will also begin to build on its marketing efforts as described in the Marketing section.

The Company does not currently have sufficient capital for this phase of its plan of operations.

We currently do not have any arrangements for financing and we may not be able to obtain financing when required. We believe the only source of funds that would be realistic is through the sale of equity capital.

Our company will require additional financing. There can be no assurance, however, that we will be able to acquire the financing necessary to enable us to pursue our plan of operation. If our company requires additional financing and we are unable to acquire such funds, our business may fail. As a development stage company, we are not able to fund our cash requirements through our current operations. Historically, we have been able to raise a limited amount of capital through private placements of our equity stock, but we are uncertain about our continued ability to raise funds privately. If we are unable to secure adequate capital to continue our operations, our shareholders may lose some or all of their investment and our business may fail.

Results of Operations

The following summary of our results of operations should be read in conjunction with our condensed financial statements included herein.

Our operating results for the three and six months ended December 31, 2014 and 2013 are summarized as follows:

	Three		Three		Six		Six
	Months		Months		Months		Months
	Ended		Ended		Ended		Ended
	December 31,		December 31,		December 31,		December 31,
		2014		2013		2014		2013

Revenue	$	-	$	-	$	-	$	-
Total Expenses	$	3,672	$	14,217	$	7,102	$	21,680
Net Loss	$	3,672	$	14,217	$	7,102	$	21,680

Revenues

We have not earned any revenues to date. Our website is not yet operational and we do not anticipate earning revenues until our website is fully operational. We are presently in the development stage of our business and we can provide no assurance that we begin earning revenues.

Expenses

Our expenses for the three and six months ended December 31, 2014 and 2013 are outlined in the table below:

	Three		Three		Six		Six
	Months		Months		Months		Months
	Ended		Ended		Ended		Ended
	December 31,		December 31,		December 31,		December 31,
		2014		2013		2014		2013

General & Administrative	$	3,672	$	14,217	$	7,102	$	21,680

General & Administrative

General and Administrative fees include our general expenses including accounting and auditing expenses incurred in connection with the preparation of our financial statements and fees that we pay to our legal counsel.

We incurred operating losses in the amount of $52,497 from inception on December 6, 2012 through the period ended December 31, 2014. These operating expenses were composed of general and administrative expenses.

Going Concern

We have not attained profitable operations and are dependent upon obtaining financing to pursue any extensive development activities. For these reasons our auditors stated in their report on our audited financial statements that they have substantial doubt we will be able to continue as a going concern.

Financings

Our operations to date have been funded by equity investment. All of our equity funding has come from a private placement of our securities.

We completed an offering of 1,500,000 shares of common stock on January 3, 2013 to our president and director, Sheri Strangway, at a price of $0.01 per share. The total proceeds received from this offering were $15,000. These shares were issued pursuant to Section 4(2) of the Securities Act of 1933 and are restricted shares as defined in the Securities Act. We did not engage in any general solicitation or advertising.

We completed an offering of 1,805,000 shares of our common stock at a price of $0.02 per share to a total of thirty six (36) purchasers on May 27, 2013. The total amount we received from this offering was $36,100. The identity of the purchasers from this offering is included in the selling shareholder table set forth above. We completed this offering pursuant to Rule 903(a) and conditions set forth in Category 3 (Rule 903(b)(3)) of Regulation S of the Securities Act of 1933.

Off-Balance Sheet Arrangements

We have no significant off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that is material to stockholders.

Item 3. Quantitative and Qualitative Disclosures About Market Risk

N/A

Item 4. Controls and Procedures

As of the end of the period covered by this Report, the Company’s President, and principal financial officer (the “Certifying Officer”), evaluated the effectiveness of the Company’s “disclosure controls and procedures,” as defined in Rule 13a-15(e) under the Securities Exchange Act of 1934. Based on that evaluation, the officer concluded that, as of the date of the evaluation, the Company’s disclosure controls and procedures were effective to provide reasonable assurance that the information required to be disclosed in the Company’s periodic filings under the Securities Exchange Act of 1934 is accumulated and communicated to management to allow timely decisions regarding required disclosure.

The Certifying Officer has also indicated that there were no changes in internal controls over financial reporting during the Company’s last fiscal quarter, and no significant changes in our internal controls or other factors that could significantly affect such controls subsequent to the date of their evaluation and there were no corrective actions with regard to significant deficiencies and material weaknesses.

Our management, including the Certifying Officer, does not expect that our disclosure controls or our internal controls will prevent all errors and fraud. A control system, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of the control system are met. In addition, the design of a control system must reflect the fact that there are resource constraints, and the benefits of controls must be considered relative to their costs. Because of the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues and instances of fraud, if any, within a company have been detected. These inherent limitations include the realities that judgments in decision-making can be faulty, and that breakdowns can occur because of simple error or mistake. Additionally, controls can be circumvented by the individual acts of some persons, by collusion of two or more people or by management override of the control. The design of any systems of controls also is based in part upon certain assumptions about the likelihood of future events, and there can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions. Because of these inherent limitations in a cost-effective control system, misstatements due to error or fraud may occur and not be detected.

Item 4(t). Controls and Procedures

The information required pursuant to item 4(t) has been provided in Item 4.

PART II. OTHER INFORMATION

Item 1. Legal Proceedings

None.

Item 1(a). Risk Factors

There have been no changes to our risk factors from those disclosed in our Amendment No. 2 to Form S-1 filed on December 5, 2013.

Item 2. Unregistered Sales of Equity Securities

We did not issue any securities without registration pursuant to the Securities Act of 1933 during the three months ended December 31, 2014.

Item 3. Defaults Upon Senior Securities

None.

Item 4. Submission of Matters to a Vote of Securities Holders

No matters were submitted to our security holders for a vote during the quarter of our fiscal year ending December 31, 2014.

Item 5. Other Information

None.

Item 6. Exhibits

Exhibit Number	Description of Exhibit
31.1	Certification of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
32.1	Certification of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

SIGNATURES

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

ACTIVE WITH ME INC.

By: /s/ Sheri Strangway

Sheri Strangway

President, Chief Executive Officer,

Chief Financial Officer and Director

Date: February 12, 2015

EX-31.1 2 awmiexh31_1.htm ACTIVE WITH ME 10Q, CERTIFICATION 302 awmiexh31_1.htm

Exhibit 31.1

CERTIFICATION PURSUANT TO 18 U.S.C. SS. 1350,

AS ADOPTED PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Sheri Strangway, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Active With Me, Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a)

Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b)

Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c)

Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d)

Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant’s other certifying officer(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.

	By:	/s/ Sheri Strangway
Date: February 12, 2015		Name: Sheri Strangway
		Title: President, Chief Executive Officer, Chief Financial Officer and Director

EX-32.1 3 awmiexh32_1.htm ACTIVE WITH ME 10Q, CERTIFICATION 906 awmiexh32_1.htm

Exhibit 32.1

CERTIFICATION PURSUANT TO

18 U.S.C. 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the quarterly report of Active With Me, Inc. (the "Company") on Form 10-Q for the quarter ended December 31, 2014, as filed with the Securities and Exchange Commission on the date hereof (the "Report"), I, Sheri Strangway, President, Chief Executive Officer, Chief Financial Officer and Director of the Company, certify, pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

1. The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

	By:	/s/ Sheri Strangway
Date: February 12, 2015		Name: Sheri Strangway
		Title: President, Chief Executive Officer, Chief Financial Officer and Director

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Note 1 Nature of Business   Business Overview Active With Me, Inc., (the Company), was incorporated in the State of Nevada on December 6, 2012 to create a web-based service that will offer travelers unique, relevant and user-friendly information on activity-based travel. Listings will be provided for product and service providers of interest to the activity-based traveler.   The Company intends to maximize listings on the website, increase the value to the consumer, and provide potential advertisers with an ability to inexpensively feature their services to a very wide and targeted audience.

Note 2 Summary of Significant Accounting Policies   Cash and Concentration of Risk As of December 31, 2014, the Company maintained its cash account at one commercial bank.  The cash balance at December 31, 2014, was within the FDIC coverage of deposits totaling $250,000 per owner.   Risks and Uncertainties The Company intends to operate in an industry that is subject to rapid change. The Companys operations will be subject to significant risk and uncertainties including financial, operational, technological, regulatory, and other risks associated with a development stage company, including the potential risk of business failure.   Use of Estimates Our management has made a number of estimates and assumptions relating to the reporting of assets and liabilities and the disclosure of contingent assets and liabilities to prepare these condensed unaudited financial statements in conformity with accounting principles generally accepted in the United States of America.   Net Loss per Share   Basic loss per share is computed by dividing net loss available to common shareholders by the weighted average number of common shares outstanding during the period. Diluted loss per share includes potentially dilutive securities such as outstanding options and warrants, using various methods such as the treasury stock or modified treasury stock method in the determination of dilutive shares outstanding during each reporting period. As of December 31, 2014, there were no common equivalent shares.   Research and Development Costs   The Company expenses research and development costs as incurred.

Note 3 Going Concern   The accompanying condensed unaudited interim financial statements have been prepared on a going concern basis, which assumes the Company will realize its assets and discharge its liabilities in the normal course of business. As reflected in the accompanying financial statements, the Company, has a deficit accumulated of $52,497 as of December 31, 2014. The Companys ability to continue as a going concern is dependent upon its ability to generate future profitable operations and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due.  Managements plans include obtaining additional funds by equity financing through a reverse merger transaction and/or related party advances; however there is no assurance of additional funding being available. These conditions raise substantial doubt about the Companys ability to continue as a going concern. The accompanying condensed unaudited financial statements do not include any adjustments that might arise as a result of this uncertainty.

Note 4 Loan Payable to Officer and Shareholder On December 6, 2012, the Company received from its sole Director, President and shareholder, a loan of $605 which such proceeds were utilized to pay for initial organization costs of the Company. On December 12, 2014, the Company received from a shareholder, a loan of $2,000 which such proceeds were utilized to pay for operational expenses of the Company. The loan is not secured, has no specific maturity date and the loan is expected to be repaid from future proceeds received by the Company.  There are no other terms to the loan. The balance of the loan is $2,605 and $605 as of December 31, 2014 and June 30, 2014, respectively.

Note 5 Stockholders Deficit   Authorized Shares   The Companys Articles of Incorporation authorize the issuance of up to 10,000,000 shares of $0.001 par value preferred stock.  As of December 31, 2014 there is no preferred stock outstanding.   The Companys Articles of Incorporation authorize the issuance of up to 65,000,000 shares of $.001 par value common stock. As of December 31, 2014, there are 3,305,000, shares of $0.001 par value common stock issued and outstanding.

Note 6 Commitments   As of December 31, 2014, the Company has not entered into any material operating leases or other financial commitments.

Note 7 Recent Accounting Pronouncements   On June 10, 2014, the FASB issued ASU 2014-10, Development Stage Entities (Topic 915). The amendments in this update remove the definition of a development stage entity from Topic 915, thereby removing the distinction between development stage entities and other reporting entities from U.S. GAAP. In addition, the amendments eliminate the requirements for development stage entities to (1) present inception-to-date information on the statements of income, cash flows, and shareholders equity, (2) label the financial statements as those of a development stage entity, (3) disclose a description of the development stage activities in which the entity is engaged, and (4) disclose in the first year in which the entity is no longer a development stage entity that in prior years it had been in the development stage. Early adoption is permitted. The Company adopted ASU 2014-10 during the quarter ended September 30, 2014, thereby no longer presenting or disclosing any information required by Topic 915.

Note 8 Subsequent Events   Management has evaluated events through February 12, 2015, the date that the accompanying unaudited condensed financial statements were issued, for transactions and other events that may require adjustment and/or disclosure. No material events were identified that require adjustment to the financial statements or additional disclosure.

Business Overview Active With Me, Inc., (the Company), was incorporated in the State of Nevada on December 6, 2012 to create a web-based service that will offer travelers unique, relevant and user-friendly information on activity-based travel. Listings will be provided for product and service providers of interest to the activity-based traveler.   The Company intends to maximize listings on the website, increase the value to the consumer, and provide potential advertisers with an ability to inexpensively feature their services to a very wide and targeted audience.

Cash and Concentration of Risk As of December 31, 2014, the Company maintained its cash account at one commercial bank.  The cash balance at December 31, 2014, was within the FDIC coverage of deposits totaling $250,000 per owner.

Risks and Uncertainties The Company intends to operate in an industry that is subject to rapid change. The Companys operations will be subject to significant risk and uncertainties including financial, operational, technological, regulatory, and other risks associated with a development stage company, including the potential risk of business failure.

Use of Estimates Our management has made a number of estimates and assumptions relating to the reporting of assets and liabilities and the disclosure of contingent assets and liabilities to prepare these condensed unaudited financial statements in conformity with accounting principles generally accepted in the United States of America.

Net Loss per Share   Basic loss per share is computed by dividing net loss available to common shareholders by the weighted average number of common shares outstanding during the period. Diluted loss per share includes potentially dilutive securities such as outstanding options and warrants, using various methods such as the treasury stock or modified treasury stock method in the determination of dilutive shares outstanding during each reporting period. As of December 31, 2014, there were no common equivalent shares.

Research and Development Costs   The Company expenses research and development costs as incurred.

Authorized Shares   The Companys Articles of Incorporation authorize the issuance of up to 10,000,000 shares of $0.001 par value preferred stock.  As of December 31, 2014 there is no preferred stock outstanding.   The Companys Articles of Incorporation authorize the issuance of up to 65,000,000 shares of $.001 par value common stock. As of December 31, 2014, there are 3,305,000, shares of $0.001 par value common stock issued and outstanding.

52497

2000

2605

605

10000000

0.001

65000000

3305000

0.001

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Note 4 Loan Payable To Officer and Shareholder	6 Months Ended
Dec. 31, 2014
Notes
Note 4 Loan Payable To Officer and Shareholder	Note 4 Loan Payable to Officer and Shareholder On December 6, 2012, the Company received from its sole Director, President and shareholder, a loan of $605 which such proceeds were utilized to pay for initial organization costs of the Company. On December 12, 2014, the Company received from a shareholder, a loan of $2,000 which such proceeds were utilized to pay for operational expenses of the Company. The loan is not secured, has no specific maturity date and the loan is expected to be repaid from future proceeds received by the Company. There are no other terms to the loan. The balance of the loan is $2,605 and $605 as of December 31, 2014 and June 30, 2014, respectively.

Note 4 Loan Payable To Officer and Shareholder

6 Months Ended

Dec. 31, 2014

Notes

Note 4 Loan Payable To Officer and Shareholder

Note 4 Loan Payable to Officer and Shareholder

On December 6, 2012, the Company received from its sole Director, President and shareholder, a loan of $605 which such proceeds were utilized to pay for initial organization costs of the Company. On December 12, 2014, the Company received from a shareholder, a loan of $2,000 which such proceeds were utilized to pay for operational expenses of the Company. The loan is not secured, has no specific maturity date and the loan is expected to be repaid from future proceeds received by the Company. There are no other terms to the loan. The balance of the loan is $2,605 and $605 as of December 31, 2014 and June 30, 2014, respectively.

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Note 3 Going Concern	6 Months Ended
Dec. 31, 2014
Notes
Note 3 Going Concern	Note 3 Going Concern The accompanying condensed unaudited interim financial statements have been prepared on a going concern basis, which assumes the Company will realize its assets and discharge its liabilities in the normal course of business. As reflected in the accompanying financial statements, the Company, has a deficit accumulated of $52,497 as of December 31, 2014. The Company’s ability to continue as a going concern is dependent upon its ability to generate future profitable operations and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. Management’s plans include obtaining additional funds by equity financing through a reverse merger transaction and/or related party advances; however there is no assurance of additional funding being available. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. The accompanying condensed unaudited financial statements do not include any adjustments that might arise as a result of this uncertainty.

Note 3 Going Concern

6 Months Ended

Dec. 31, 2014

Notes

Note 3 Going Concern

Note 3 Going Concern

The accompanying condensed unaudited interim financial statements have been prepared on a going concern basis, which assumes the Company will realize its assets and discharge its liabilities in the normal course of business. As reflected in the accompanying financial statements, the Company, has a deficit accumulated of $52,497 as of December 31, 2014. The Company’s ability to continue as a going concern is dependent upon its ability to generate future profitable operations and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. Management’s plans include obtaining additional funds by equity financing through a reverse merger transaction and/or related party advances; however there is no assurance of additional funding being available. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. The accompanying condensed unaudited financial statements do not include any adjustments that might arise as a result of this uncertainty.

XML 15 R2.htm IDEA: XBRL DOCUMENT

CONDENSED UNAUDITED BALANCE SHEETS (Unaudited for December 31, 2014) (USD $)	Dec. 31, 2014	Jun. 30, 2014
Current assets
Cash	$ 858	$ 6,335
Total current assets	858us-gaap_AssetsCurrent	6,335us-gaap_AssetsCurrent
Other assets	350us-gaap_OtherAssets	350us-gaap_OtherAssets
Total assets	1,208us-gaap_Assets	6,685us-gaap_Assets
Liabilities
Accounts payable		375us-gaap_AccountsPayableCurrent
Loan payable to officer and shareholder	2,605us-gaap_LoansPayableCurrent	605us-gaap_LoansPayableCurrent
Current liabilities	2,605us-gaap_LiabilitiesCurrent	980us-gaap_LiabilitiesCurrent
Total liabilities	2,605us-gaap_Liabilities	980us-gaap_Liabilities
Stockholders' equity (deficit)
Common stock	3,305us-gaap_CommonStockValue	3,305us-gaap_CommonStockValue
Additional paid in capital	47,795us-gaap_AdditionalPaidInCapital	47,795us-gaap_AdditionalPaidInCapital
Accumulated deficit	(52,497)	(45,395)
Stockholders' equity (deficit)	(1,397)us-gaap_StockholdersEquity	5,705us-gaap_StockholdersEquity
Total liabilities and stockholders' equity (deficit)	$ 1,208	$ 6,685

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Note 1 Nature of Business
6 Months Ended

Dec. 31, 2014

Notes

Note 1 Nature of Business
Note 1 Nature of Business

Business Overview

Active With Me, Inc., (the “Company”), was incorporated in the State of Nevada on December 6, 2012 to create a web-based service that will offer travelers unique, relevant and user-friendly information on activity-based travel. Listings will be provided for product and service providers of interest to the activity-based traveler.

The Company intends to maximize listings on the website, increase the value to the consumer, and provide potential advertisers with an ability to inexpensively feature their services to a very wide and targeted audience.

- Definition

The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure.

+ References+ Details

XML 18 R22.htm IDEA: XBRL DOCUMENT

Note 4 Loan Payable To Officer and Shareholder (Details) (USD $)	6 Months Ended
	Dec. 31, 2014	Jun. 30, 2014
Details
Proceeds from loan from shareholder (increase/decrease)	$ 2,000us-gaap_ProceedsFromLoans
Loan payable to officer and shareholder	$ 2,605us-gaap_LoansPayableCurrent	$ 605us-gaap_LoansPayableCurrent

XML 19 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.4.0.3 * */ var Show = {}; Show.LastAR = null, Show.hideAR = function(){ Show.LastAR.style.display = 'none'; }; Show.showAR = function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }; Show.toggleNext = function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }; XML 20 R7.htm IDEA: XBRL DOCUMENT

Note 2 Summary of Significant Accounting Policies

6 Months Ended

Dec. 31, 2014

Notes

Note 2 Summary of Significant Accounting Policies

Note 2 Summary of Significant Accounting Policies

Cash and Concentration of Risk

As of December 31, 2014, the Company maintained its cash account at one commercial bank. The cash balance at December 31, 2014, was within the FDIC coverage of deposits totaling $250,000 per owner.

Risks and Uncertainties

Use of Estimates

Net Loss per Share

Research and Development Costs

The Company expenses research and development costs as incurred.

- Definition

The entire disclosure for all significant accounting policies of the reporting entity.

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Statement of Financial Position - Parenthetical (USD $)	Dec. 31, 2014	Jun. 30, 2014
Statement of Financial Position
Preferred Stock, Par Value	$ 0.001	$ 0.001
Preferred Stock, Shares Authorized	10,000,000us-gaap_PreferredStockSharesAuthorized	10,000,000us-gaap_PreferredStockSharesAuthorized
Preferred Stock, Shares Issued	0us-gaap_PreferredStockSharesIssued	0us-gaap_PreferredStockSharesIssued
Preferred Stock, Shares Outstanding	0us-gaap_PreferredStockSharesOutstanding	0us-gaap_PreferredStockSharesOutstanding
Common Stock, Par Value	$ 0.001	$ 0.001
Common Stock, Shares Authorized	65,000,000us-gaap_CommonStockSharesAuthorized	65,000,000us-gaap_CommonStockSharesAuthorized
Common Stock, Shares Issued	3,305,000us-gaap_CommonStockSharesIssued	3,305,000us-gaap_CommonStockSharesIssued
Common Stock, Shares Outstanding	3,305,000us-gaap_CommonStockSharesOutstanding	3,305,000us-gaap_CommonStockSharesOutstanding

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Note 2 Summary of Significant Accounting Policies: Use of Estimates (Policies)

6 Months Ended

Dec. 31, 2014

Policies

Use of Estimates

Use of Estimates

XML 23 R1.htm IDEA: XBRL DOCUMENT

Document and Entity Information (USD $)	6 Months Ended
Document and Entity Information (USD $)	Dec. 31, 2014
Document and Entity Information:
Entity Registrant Name	Active With Me Inc.
Document Type	10-Q
Document Period End Date	Dec. 31, 2014
Amendment Flag	false
Entity Central Index Key	0001582249
Current Fiscal Year End Date	--06-30
Entity Common Stock, Shares Outstanding	3,305,000dei_EntityCommonStockSharesOutstanding
Entity Public Float	$ 3,305dei_EntityPublicFloat
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q2

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Note 2 Summary of Significant Accounting Policies: Net Loss Per Share (Policies)

6 Months Ended

Dec. 31, 2014

Policies

Net Loss Per Share

Net Loss per Share

- Definition

Disclosure of accounting policy for computing basic and diluted earnings or loss per share for each class of common stock and participating security. Addresses all significant policy factors, including any antidilutive items that have been excluded from the computation and takes into account stock dividends, splits and reverse splits that occur after the balance sheet date of the latest reporting period but before the issuance of the financial statements.

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CONDENSED UNAUDITED STATEMENT OF OPERATIONS (USD $)	3 Months Ended		6 Months Ended
CONDENSED UNAUDITED STATEMENT OF OPERATIONS (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Operating expenses:
General and administrative	$ 3,672us-gaap_GeneralAndAdministrativeExpense	$ 14,217us-gaap_GeneralAndAdministrativeExpense	$ 7,102us-gaap_GeneralAndAdministrativeExpense	$ 21,680us-gaap_GeneralAndAdministrativeExpense
Total operating expenses	3,672us-gaap_OperatingExpenses	14,217us-gaap_OperatingExpenses	7,102us-gaap_OperatingExpenses	21,680us-gaap_OperatingExpenses
Loss from operations	(3,672)	(14,217)	(7,102)	(21,680)
Net loss	$ (3,672)us-gaap_NetIncomeLoss	$ (14,217)us-gaap_NetIncomeLoss	$ (7,102)us-gaap_NetIncomeLoss	$ (21,680)us-gaap_NetIncomeLoss
Basic and Diluted Loss Per Share	$ 0.00us-gaap_EarningsPerShareBasicAndDiluted	$ 0.00us-gaap_EarningsPerShareBasicAndDiluted	$ 0.00us-gaap_EarningsPerShareBasicAndDiluted	$ 0.00us-gaap_EarningsPerShareBasicAndDiluted
Weighted average common shares outstanding - basic and diluted	3,305,000	3,305,000	3,305,000	3,305,000

- Definition

Amount of income (loss) from continuing operations attributable to the parent. Also defined as revenue less expenses and taxes from ongoing operations before extraordinary items but after deduction of those portions of income or loss from continuing operations that are allocable to noncontrolling interests.

+ References+ Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

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Note 7 Recent Accounting Pronouncements

6 Months Ended

Dec. 31, 2014

Notes

Note 7 Recent Accounting Pronouncements

Note 7 Recent Accounting Pronouncements

- Definition

The entire disclosure for reporting accounting changes and error corrections. It includes the conveyance of information necessary for a user of the Company's financial information to understand all aspects and required disclosure information concerning all changes and error corrections reported in the Company's financial statements for the period.

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XML 27 R11.htm IDEA: XBRL DOCUMENT

Note 6 Commitments

6 Months Ended

Dec. 31, 2014

Notes

Note 6 Commitments

Note 6 Commitments

As of December 31, 2014, the Company has not entered into any material operating leases or other financial commitments.

- Definition

The entire disclosure for commitments and contingencies.

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XML 28 R23.htm IDEA: XBRL DOCUMENT

Note 5 Stockholders' Deficit: Authorized Shares (Details) (USD $)	Dec. 31, 2014	Jun. 30, 2014
Details
Preferred Stock, Shares Authorized	10,000,000us-gaap_PreferredStockSharesAuthorized	10,000,000us-gaap_PreferredStockSharesAuthorized
Preferred Stock, Par Value	$ 0.001	$ 0.001
Common Stock, Shares Authorized	65,000,000us-gaap_CommonStockSharesAuthorized	65,000,000us-gaap_CommonStockSharesAuthorized
Common Stock, Shares Outstanding	3,305,000us-gaap_CommonStockSharesOutstanding	3,305,000us-gaap_CommonStockSharesOutstanding
Common Stock, Par Value	$ 0.001	$ 0.001

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Note 2 Summary of Significant Accounting Policies: Research and Development Costs (Policies)

6 Months Ended

Dec. 31, 2014

Policies

Research and Development Costs

Research and Development Costs

The Company expenses research and development costs as incurred.

- Definition

Disclosure of accounting policy for its research and development and computer software activities including the accounting treatment for costs incurred for (1) research and development activities, (2) development of computer software for internal use, (3) computer software to be sold, leased or otherwise marketed as a separate product or as part of a product or process and (4) in-process research and development acquired in a purchase business combination.

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XML 30 R15.htm IDEA: XBRL DOCUMENT

Note 2 Summary of Significant Accounting Policies: Cash and Concentration of Risk (Policies)

6 Months Ended

Dec. 31, 2014

Policies

Cash and Concentration of Risk

Cash and Concentration of Risk

As of December 31, 2014, the Company maintained its cash account at one commercial bank. The cash balance at December 31, 2014, was within the FDIC coverage of deposits totaling $250,000 per owner.

- Definition

Disclosure of accounting policy for cash and cash equivalents, including the policy for determining which items are treated as cash equivalents. Other information that may be disclosed includes (1) the nature of any restrictions on the entity's use of its cash and cash equivalents, (2) whether the entity's cash and cash equivalents are insured or expose the entity to credit risk, (3) the classification of any negative balance accounts (overdrafts), and (4) the carrying basis of cash equivalents (for example, at cost) and whether the carrying amount of cash equivalents approximates fair value.

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XML 31 R13.htm IDEA: XBRL DOCUMENT

Note 8 Subsequent Events

6 Months Ended

Dec. 31, 2014

Notes

Note 8 Subsequent Events

Note 8 Subsequent Events

XML 32 R14.htm IDEA: XBRL DOCUMENT

Note 1 Nature of Business: Business Overview (Policies)

6 Months Ended

Dec. 31, 2014

Policies

Business Overview

Business Overview

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Note 2 Summary of Significant Accounting Policies: Risks and Uncertainties (Policies)

6 Months Ended

Dec. 31, 2014

Policies

Risks and Uncertainties

Risks and Uncertainties

- Definition

Disclosure of accounting policy for credit risk.

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Note 3 Going Concern (Details) (USD $)	Dec. 31, 2014	Jun. 30, 2014
Details
Accumulated deficit	$ 52,497	$ 45,395

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CONDENSED UNAUDITED STATEMENT OF CASH FLOWS (USD $)	6 Months Ended
CONDENSED UNAUDITED STATEMENT OF CASH FLOWS (USD $)	Dec. 31, 2014	Dec. 31, 2013
Operating activities:
Net loss	$ (7,102)us-gaap_NetIncomeLoss	$ (21,680)us-gaap_NetIncomeLoss
Other assets (increase/decrease)		(350)
Accounts payable (increase/decrease)	(375)	650
Net cash used in operating activities	(7,477)	(21,380)
Financing activities:
Proceeds from loan from shareholder (increase/decrease)	2,000us-gaap_ProceedsFromLoans
Net cash provided by financing activities	2,000
Net decrease in cash	(5,477)	(21,380)
Cash, beginning of period	6,335	46,345
Cash, end of period	$ 858	$ 24,965

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Note 5 Stockholders' Deficit

6 Months Ended

Dec. 31, 2014

Notes

Note 5 Stockholders' Deficit

Note 5 Stockholders’ Deficit

Authorized Shares

The Company’s Articles of Incorporation authorize the issuance of up to 10,000,000 shares of $0.001 par value preferred stock. As of December 31, 2014 there is no preferred stock outstanding.

- Definition

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

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Note 5 Stockholders' Deficit: Authorized Shares (Policies)

6 Months Ended

Dec. 31, 2014

Policies

Authorized Shares

Authorized Shares

The Company’s Articles of Incorporation authorize the issuance of up to 10,000,000 shares of $0.001 par value preferred stock. As of December 31, 2014 there is no preferred stock outstanding.