0001683168-20-000054.txt : 20200108 0001683168-20-000054.hdr.sgml : 20200108 20200108142509 ACCESSION NUMBER: 0001683168-20-000054 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 35 CONFORMED PERIOD OF REPORT: 20190831 FILED AS OF DATE: 20200108 DATE AS OF CHANGE: 20200108 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MOMENTOUS HOLDINGS CORP. CENTRAL INDEX KEY: 0001653876 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 320471741 STATE OF INCORPORATION: NV FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 333-207163 FILM NUMBER: 20515343 BUSINESS ADDRESS: STREET 1: 32 CURZON STREET CITY: LONDON, ENGLAND STATE: X0 ZIP: W1J 7WS BUSINESS PHONE: 44-744-430-1337 MAIL ADDRESS: STREET 1: 32 CURZON STREET CITY: LONDON, ENGLAND STATE: X0 ZIP: W1J 7WS 10-Q 1 momentous_10q-083119.htm FORM 10-Q

 

Table of Contents

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 10-Q

 

   Quarterly Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

For the quarterly period ended August 31, 2019

 

   Transition Report pursuant to 13 or 15(d) of the Securities Exchange Act of 1934

 

For the transition period from __________ to__________

 

Commission File Number: 333-207163

 

MOMENTOUS HOLDINGS CORP.

(Exact name of registrant as specified in its charter)

 

Nevada   7900   32-0471741
(State or other jurisdiction of
incorporation or organization)
  (Primary Standard Industrial
Classification Code Number)
  (I.R.S. Employer
Identification Number)

 

32 Curzon Street, London, W1J 7WS, United Kingdom

(address of principal executive offices)

 

Registrant's telephone number, including area code:   +44 203 871 3051

 

IncSmart.biz, Inc.

4264 Lady Burton St.

Las Vegas, NV 89129

(Name and address of agent for service of process)

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock: $0.001 par value MMNT Other OTC

 

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 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     No

 

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).   Yes     No

 

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

 

Large accelerated filer   Accelerated filer
Non-accelerated filer   Smaller reporting company
      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 check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).   Yes     No

 

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date: 34,165,000 shares as of January 7, 2020.

 

 

   

 

 

TABLE OF CONTENTS

 

PART I – FINANCIAL INFORMATION
       
1.   Financial Statements (unaudited)

1

       
    Notes to the unaudited Consolidated Financial Statements (unaudited) 5
       
2.   Management’s Discussion and Analysis of Financial Condition and Results of Operations 8
       
3.   Quantitative and Qualitative Disclosures About Market Risk 11
       
4.   Controls and Procedures 11
       
PART II – OTHER INFORMATION
       
1.   Legal Proceedings 13
       
1A.   Risk Factors 13
       
2.   Unregistered Sales of Equity Securities and Use of Proceeds 13
       
3.   Defaults Upon Senior Securities 13
       
4.   Mine Safety Disclosures 13
       
5.   Other Information 13
       
6.   Exhibits 13

 

 

 

 i 

 

 

PART I - FINANCIAL INFORMATION

Item 1. Financial Statements

 

Momentous Holdings Corp. and Subsidiaries

Consolidated Balance Sheets (unaudited)

 

   August 31,   May 31, 
   2019   2019 
ASSETS          
Current Assets          
Cash   13,009    4,840 
Accounts receivable   20,444    17,309 
Accounts receivable from related party       2,238 
Prepaid expenses and other   936    3,484 
Total Current Assets  $34,389   $27,871 
           
Intangible asset   46,524    48,125 
Property and Equipment, net of accumulated depreciation of $2,271 and $1,971 respectively   1,470    1,899 
           
TOTAL ASSETS  $82,383   $77,895 
           
LIABILITIES AND STOCKHOLDERS' DEFICIT          
Current Liabilities:          
Accounts payable   32,798    10,470 
Due to related parties   93,122    96,615 
Short term borrowings   5,677    17,424 
Other accrued expenses and liabilities   67,359    59,914 
Total Current Liabilities and Total Liabilities  $198,956   $184,423 
           
Stockholders' Deficit          
Common stock, $0.001 par value, 75,000,000 shares authorized; 34,155,000 and 34,115,000 shares issued and outstanding as of August 31, 2019 and May 31, 2019, respectively   34,155    34,115 
Additional paid-in capital   22,767    7,807 
Accumulated deficit   (178,159)   (152,605)
Accumulated other comprehensive income   4,664    4,155 
Total Stockholders' Deficit   (116,573)   (106,528)
           
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT  $82,383   $77,895 

 

The accompanying notes are an integral part of these unaudited consolidated financial statements.

 

 

 

 1 

 

 

Momentous Holdings Corp. and Subsidiaries

Consolidated Statements of Operations and Others Comprehensive Loss (unaudited)

 

 

   June 1, 2019   August 1, 2018     June 1, 2018 
   through   through     through 
   August 31,   August 31,     July 31, 
   2019   2018     2018 
    (Successor)    (Successor)      (Predecessor) 
                  
Revenues                 
Sales  $60,684   $8,829     $23,938 
Sales to related party       286      2,129 
    60,684    9,115      26,067 
Cost of goods sold   (32,314)   (630)     (22,559)
Gross Profit   28,370    8,485      3,508 
                  
Operating Expenses                 
General and administrative expenses   (55,986)   (60,816)     (26,949)
Selling and distribution expenses   (1,364)   (454)     (409)
Total Operating Expenses   (57,350)   (61,270)     (27,358)
                  
Operating Loss   (28,980)   (52,785)     (23,850)
                  
Other income   4,427          2,681 
Interest expense   (1,001)   (27)      
                  
Loss before income taxes   (25,554)   (52,812)     (21,169)
                  
Income Taxes              
                  
Net Loss  $(25,554)  $(52,812)    $(21,169)
                  
Other Comprehensive Income                 
Foreign currency translation adjustment   509    1,931      2,819 
Total Comprehensive Loss  $(25,045)  $(50,881)    $(18,350)
                  
Net Loss per Share: Basic and Diluted  $(0.00)  $(0.00)    $(211.69)
                  
Weighted Average Number of Shares Outstanding: Basic and Diluted   34,125,435    15,750,000      100 

 

The accompanying notes are an integral part of these unaudited consolidated financial statements.

 

 

 

 2 

 

 

Momentous Holdings Corp. and Subsidiaries

Consolidated Statements of Stockholders’ Deficit (unaudited)

 

   Common Stock   Additional Paid-in   Accumulated   Accumulated Other Comprehensive   Total Stakeholders’ 
   Shares   Amount   Capital   Deficit   Loss   Deficit 
PREDECESSOR                        
Balance, May 31, 2018   100   $129       $(31,725)  $363   $(31,233)
                               
Net loss               (21,169)       (21,169)
Foreign currency translation adjustment                   2,819    2,819 
                               
Balance, July 31, 2018   100    129        (52,894)   3,182    (49,583)
                               
                               
SUCCESSOR                              
Balance, July 31, 2018   15,750,000    15,750    (15,750)   (14,725)   (313)   (15,038)
                               
Net loss               (52,812)       (52,812)
Foreign currency translation adjustment                   1,931    1,931 
                               
Balance, August 31, 2018   15,750,000    15,750    (15,750)   (67,537)   1,618    (65,919)
                               
Balance, May 31, 2019   34,115,000    34,115    7,807    (152,605)   4,155    (106,528)
Net loss               (25,554)       (25,554)
Issuance of common stock for cash   40,000    40    14,960            15,000 
Foreign currency translation adjustment                   509    509 
                               
Balance, August 31, 2019   34,155,000    34,155    22,767    (178,159)   4,664    (116,573)

 

The accompanying notes are an integral part of these unaudited consolidated financial statements.

 

 

 

 3 

 

 

Momentous Holdings Corp. and Subsidiaries

Consolidated Statements of Cash Flows (unaudited)

 

   June 1, 2019   August 1, 2018     June 1, 2018 
   through   through     through 
   August 31,   August 31,     July 31, 
   2019   2018     2018 
    (Successor)    (Successor)      (Predecessor) 
CASH FLOWS FROM OPERATING ACTIVITIES                 
Net loss  $(25,554)  $(52,812)    $(21,169)
Adjustments to reconcile net loss to net cash used in operating activities                 
  Depreciation and amortization expense   429    188      265 
  Loss on goodwill impairment       49,581       
Changes in assets and liabilities:                 
  Accounts payable   22,328    (243)     747 
  Accounts receivable – third party   (3,135)   4,420      (6,276)
  Accounts receivable – related party   2,238    1,918      8,006 
  Prepaid expenses   2,548    507      1,239 
  Accrued expenses   4,636    (6,130)     155 
  Taxes payable   2,809    (4,694)     5,107 
Net cash provided by/(used in) operating activities   6,299    (7,265)     (11,926)
                  
CASH FLOWS FROM INVESTING ACTIVITIES                 
Purchase of fixed assets             (3,179)
Net cash used in investing activities             (3,179)
                  
CASH FLOWS FROM FINANCING ACTIVITIES                 
Proceeds from the sale of common stock   15,000           
Loans advanced       11,573       
Loans and overdrafts repaid   (11,747)          
Related party loans repaid   (630)          
Bank overdraft             7,481 
Net cash provided by financing activities   2,623    11,573      7,481 
                  
Effect of exchange rate changes on cash   (753)   (98)     2,821 
                  
Changes in cash   8,169    4,210      (4,803)
                  
Cash at beginning of period   4,840    198      4,803 
                  
Cash at end of period  $13,009   $4,408     $ 

 

The accompanying notes are an integral part of these unaudited consolidated financial statements.

 

 

 

 4 

 

 

Momentous Holdings Corp.

Notes to the Financial Statements

August 31, 2019

(Unaudited)

 

 

NOTE 1 – ORGANIZATION, DESCRIPTION OF BUSINESS AND BASIS OF PRESENTATION

 

We were incorporated as Momentous Holdings Corp., (“the Company”), on May 29, 2015 in the State of Nevada for the purpose of designing, acquiring and developing mobile apps and mobile software for download by end consumers.

 

On August 1, 2018, V Beverages Limited. (“V Beverages”), acquired MaxChater Ltd. (“MaxChater”) for £1 ($1). MaxChater is the operating entity in the transaction and is therefore viewed as the predecessor entity for financial reporting purposes, and V Beverages is viewed as the successor entity. The acquisition of MaxChater by V Beverages was accounted for using the acquisition method of accounting, and the excess of the consideration paid over the net liabilities acquired, representing goodwill on acquisition, was fully impaired at the date of the transaction, as further described in the Company’s recently filed Form 10-K.

 

On December 31, 2018, the Company entered into a Share Exchange Agreement with Andrew Eddy (“Owner”), an individual residing in Great Britain and owner of 100% of the issued and outstanding capital shares of V Beverages, a company organized under the laws of the United Kingdom (the “Share Exchange Agreement”). Pursuant to the Share Exchange Agreement, the Company acquired 100% of the issued and outstanding capital shares of V Beverages (the “Target Shares”). Upon the closing of the transaction under the Share Exchange Agreement, the Owner transferred the Target Shares to the Company in exchange for 15,750,000 shares of the Company’s common stock, par value $0.001. The board members of the Company were replaced with those of V Beverages at the date of the transaction.

 

The transaction has been accounted for as a reverse merger and recapitalization, whereby V Beverages is considered to be the accounting acquirer and became a wholly-owned subsidiary of the Company. V Beverages is considered to be the accounting acquirer following the replacement of the Momentous Holdings Corp. board and management by V Beverages management and board member. Following the reverse merger we ceased operations of our app, the original business of the Company.

 

The consolidated financial statements for the period ended August 31, 2019 and as of that date (successor) comprise the financial statements of Momentous Holdings Corp., together with the financial statements of V Beverages and MaxChater for the period from June 1, 2019 to August 31, 2019.

 

The financial statements for the period ended August 31, 2018 (successor) comprise the financial statements of V Beverages and MaxChater. for the period from August 1, 2018 to August 31, 2018.

 

The financial statements for the period ended July 31, 2018 (predecessor – separated by black bar) comprise the financial statements of MaxChater. for the period from June 1, 2018 to July 31, 2018.

 

These unaudited interim consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (GAAP) and the rules of the Securities and Exchange Commission, and should be read in conjunction with the audited financial statements and notes thereto for the period ended May 31, 2019 contained in the Company’s Form 10-K filed with the Securities and Exchange Commission on December 18, 2019.

 

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 disclosure contained in the audited financial statements for the period ended May 31, 2019, as reported in the Company’s Form 10-K, have been omitted.

 

 

 

 5 

 

 

NOTE 2 - GOING CONCERN

 

The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company had a working capital deficit of $164,567 a total stockholders’ deficit of $116,573 at August 31, 2019 (successor) and accumulated losses at that date of $178,159. These factors, among others, raise substantial doubt about the ability of the Company to continue as a going concern for a reasonable period of time. The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty.

 

The continuing operations of the Company are dependent upon its ability to continue to raise adequate financing and to commence profitable operations in the future and repay its liabilities arising from normal business operations as they become due. Following the recent completion of the 10-K for the year ended May 31, 2019, management expects to raise funds in order to provide working capital for the foreseeable future.

 

NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

 

Principles of consolidation

 

The consolidated financial statements include the financial statements of Momentous Holdings Corp, together with the financial statements of V Beverages and MaxChater, presented in accordance with the basis of presentation footnote. All significant intercompany balances and transactions have been eliminated in full.

 

Recent Accounting Pronouncements

 

From time to time, new accounting pronouncements are issued by the Financial Accounting Standards Board or other standard setting bodies that may have an impact on the Company’s accounting and reporting. The Company believes that such recently issued accounting pronouncements and other authoritative guidance for which the effective date is in the future will not have an impact on its accounting or reporting or that such impact will not be material to its financial position, results of operations and cash flows when implemented.

 

NOTE 4 - DEBT

 

Short term borrowings from related parties at August 31, 2019 (successor) include an amount of $46,524 due in respect of the purchase of the ‘Victory’ brand acquired in November 2017. This balance was due for repayment in two equal installments by August 2, 2019 without interest, however the terms of the credit note have been extended until February 2020.

 

A bank loan of $11,573 was advanced on August 2, 2018 which bears interest at a commercial interest rate. As of May 31, 2019 the Company owed $2,390 on the bank loan and as of August 31, 2019 the Company had repaid the remaining $11,747 balance of the bank loan and reduced the overdraft.

 

On August 2, 2019, the Company entered into a new £20,000 ($24,250) bank overdraft facility with an effective rate of 12.22 per cent per annum which is personally guaranteed by one of the Company’s directors. The Facility does not have a fixed or minimum duration but may be cancelled by the bank at any time.

 

NOTE 5 - RELATED PARTY TRANSACTIONS

 

During the quarter ended August 31, 2019 (successor) there were no new amounts loaned by the directors, amounts repaid amounted to $630.

 

The total amounts due to directors as of August 31, 2019 and May 31, 2019 were $46,598 and $48,489, respectively, the change being mainly due to foreign currency translation from GBP in which the loans are denominated. The amounts loaned by the directors are unsecured, non-interest bearing, and due on demand. See Note 4 for other related party note.

 

In addition to amounts due to current directors, the amount due to James Horan, a former director, was $9,873 as of August 31, 2019 and May 31, 2019. This amount is included in the total due of $46,598 disclosed above. The amount loaned is unsecured, non-interest bearing, and due on demand.

 

 

 

   

 

 

During the period ended August 31, 2019 (successor), the Company invoiced and sold products, totaling $0 to a related party, The Drafthouse, which is considered to be a related party due to there being common significant shareholders with Momentous Holdings Corp. During the period ended August 31, 2018 (successor) the Company sold products to The Drafthouse totaling $286 and during the period ended July, 2018 (predecessor) the Company invoiced and sold products totaling $2,129.

 

Accounts receivable balances from The Drafthouse were $0, and $2,238 as of August 31, 2019 and May 31, 2019, respectively.

 

NOTE 6 - CAPITAL STOCK

 

On August 8, 2019, we issued 40,000 shares of common stock for cash in the amount of $0.375 per share for a total of $15,000.

 

NOTE 7 - COMMITMENTS AND CONTINGENCIES

 

Operating leases

 

The Company operated from rent-free premises in Central London until March 26, 2018 when the Company leased approximately 300 square feet of industrial space in Tottenham, London in the United Kingdom for approximately $450 per month which was cancelable by either party with one months’ notice The Company also purchased a shipping container for additional space on location.

 

The company incurred no rental costs for the shipping container.

 

On April 26, 2019, the Company entered into an agreement with a third party for the sale and leaseback of the shipping container in the amount of $2,223. Rental payment after usage of the credit from the sale and leaseback of the shipping container was agreed at approximately $1,100 per month. On November 1, 2019, the Company relinquished the 300 square feet of industrial space and has solely retained the shipping container at a reduced rental of approximately $410 per month which is cancelable by either party with two weeks notice.

 

The rental expense for the period ended August 31, 2019 (successor) was $3,270, for the period ended August 31, 2018 (successor) was approximately $450 and for the period ended July 31, 2018 (predecessor) was approximately $900.

 

NOTE 8 - SUBSEQUENT EVENTS

  

On October 17, 2019, we issued 10,000 shares of our common stock to one of our independent service providers as partial compensation for continued service and deferment of payment owed by the Company for prior services rendered.

 

 

 

 

 

 

 

 

 

 

 

 7 

 

 

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

 

Forward-Looking Statements

 

Management's statements contained in this portion of the prospectus are not historical facts and are forward-looking statements. Factors which could have a material adverse effect on the operations and future prospects of the Company on a consolidated basis include, but are not limited to, those matters discussed under the section entitled “Risk Factors,” above. Such risks and uncertainties should be considered in evaluating forward-looking statements and undue reliance should not be placed on such statements.

 

Our Plan for the Next 12 Months

 

On December 31, 2018, the Company completed the transactions contemplated by a certain Share Exchange Agreement entered into by and between the Company and Mr. Andrew Eddy, an individual residing in Great Britain and owner of 100% of the issued and outstanding capital shares of V Beverages, a company organized under the laws of the United Kingdom (the “Share Exchange Agreement”). Pursuant to the Share Exchange Agreement, the Company acquired 100% of the issued and outstanding capital shares of V Beverages (the “V Beverage Shares”). At the closing of the transactions under the Share Exchange Agreement, Mr. Eddy transferred and sold all of the V Beverage Shares to the Company in exchange for 15,750,000 shares of the Company’s common stock, par value $0.001, which the Company issued on April 17, 2019. Subsequent to the completion the transactions under the Share Exchange Agreement, V Beverages is operated as the Company’s wholly-owned subsidiary.

 

The Company is focused entirely on the business of its wholly owned subsidiaries. Our Subsidiary, V Beverages owns 100% of the issued and outstanding capital shares of MaxChater, a company organized under the laws of the United Kingdom, which it acquired on August 1, 2018. MaxChater serves as our wholly-owned operating subsidiary that is solely engaged in the business of designing, producing, marketing and selling low carbon, eco-friendly alcoholic beverages.

 

Momentous Holdings Corp. Group Structure

 

 

 

 

 8 

 

 

We are a modern craft beverage company, founded in 2015, that is based in London, United Kingdom. We design, produce, market and sell handcrafted, award-winning alcohol beverage products with a portfolio consisting of gin, vodka, bitter aperitif and ready-to-drink cocktails (“RTD”).

 

Our strategy is to produce premium products with minimal impact to the environment through the use of modern technology during production. Our methods help us to conserve energy and reduce water waste whilst delivering what we believe is a superior product. We also focus on environmentally friendly and recyclable packaging to reduce our carbon footprint. We are also looking to employ carbon offsetting in order to meet our carbon neutral status target by the end of 2020.

 

The following is a list of milestones we wish to accomplish within the next twelve months.

 
Secure necessary funding to meet additional expenses of being a public company and to expand operations
 

Product Development, Facility improvements and Equipment upgrades

 

Parent Company name change to better reflect new business
 

Engage in advertising and marketing programs, through both traditional sources and social media

 

Develop/Complete development of Cannabinoid infused alcoholic beverages
 
Hire additional skilled employees to complete our team, such as brand ambassadors
 
Develop an advisory committee to complement the board and employees of the Company
 
Develop additional corporate governance standards, including formation of independent majority compliance, audit and compensation committees
 
Continuation of MaxChater annual growth, in terms of both units sold and annual revenues

  

Our first major milestones are expected to be securing funds and increasing the scale of our production. This is our primary focus. In three years, we hope to have established our brand, products and corporate presence in the United States, and internationally.

 

Revenue

 

Revenue (including related party revenue) for the period ended August 31, 2019 (successor) was $60,684, for the period ended August 31, 2018 (successor) was approximately $9,115 and for the period ended July 31, 2018 (predecessor) was approximately $26,067.

 

Gross profit for the period ended August 31, 2019 (successor) was $28,370, for the period ended August 31, 2018 (successor) was approximately $8,485 and for the period ended July 31, 2018 (predecessor) was approximately $3,508.

 

 

 

 9 

 

 

Operating Expenses

 

Operating expenses for the period ended August 31, 2019 (successor) were $57,350, for the period ended August 31, 2018 (successor) were approximately $61,270 and for the period ended July 31, 2018 (predecessor) were approximately $27,358.

 

Our operating expenses for the periods ended August 31, 2019 and August 31, 2018 consisted of general and administrative expenses and increased due to the increase in operating activities following the acquisition of MaxChater by V Beverages. 

 

Our operating expenses for the period ended July 31, 2018 consisted of general and administrative expenses of MaxChater.

 

We anticipate our operating expenses will increase as we undertake our plan of operations. The increase will be attributable to the measures described above to implement our business plan and the professional fees associated with our being a reporting company under the U.S. Securities Exchange Act of 1934.

  

Net Loss

 

Net loss for the period ended August 31, 2019 (successor) was $25,554, for the period ended August 31, 2018 (successor) was approximately $52,812 and for the period ended July 31, 2018 (predecessor) was approximately $21,169.

 

Liquidity and Capital Resources

 

As of August 31, 2019, we had total current assets of $34,389, consisting of cash of $13,009, accounts receivable of $20,444, and prepaid expenses of $936. We had total current liabilities of $198,956 as of August 31, 2019 consisting of advances from related parties of $93,122, accounts payable of $32,798, taxes payable of $51,467, bank overdraft of $5,677, and other liabilities of $15,892. Accordingly, we had a working capital deficit of $164,567 as of August 31, 2019.

 

As of May 31, 2019 (successor), we had total current assets of $27,871, consisting of cash of $4,840, accounts receivable of $19,547 and prepayments and other receivables of $3,484. We had current liabilities of $184,423 as of May 31, 2019. We therefore had a working capital deficit of $156,552 as of May 31, 2019.

 

Operating activities resulted in a net cash inflow of $6,299 for the three months ended August 31, 2019.

 

Our ability to operate beyond the next twelve (12) months is contingent upon us obtaining additional financing and/or upon realizing sales revenue sufficient to fund our ongoing expenses. Our currently available funds will allow us to operate for another one (1) month. Until we are able to sustain our ongoing operations through sales revenue, we intend to fund operations through debt and/or equity financing arrangements, which may be insufficient to fund our capital expenditures, working capital, or other cash requirements. We do not have any formal commitments or arrangements for the sales of stock or the advancement or loan of funds at this time. There can be no assurance that such additional financing will be available to us on acceptable terms, or at all.

 

Going Concern

 

The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company had a working capital deficit of $164,567, a total stockholders’ deficit of $116,573 at August 31, 2019 and accumulated deficit at that date of $178,159. These factors, among others, raise substantial doubt about the ability of the Company to continue as a going concern for a reasonable period of time. The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty.

 

 

 

 10 

 

 

The continuing operations of the Company are dependent upon its ability to continue to raise adequate financing and to commence profitable operations in the future and repay its liabilities arising from normal business operations as they become due. The Directors are also in agreement that they will make unsecured loans to the business as necessary until such future funding can be secured.  

 

Off Balance Sheet Arrangements

 

As of August 31, 2019, there were no off balance sheet arrangements.

  

Critical Accounting Policies

 

In December 2001, the SEC requested that all registrants list their most “critical accounting policies” in the Management Discussion and Analysis. The SEC indicated that a “critical accounting policy” is one which is both important to the portrayal of a company’s financial condition and results, and requires management’s most difficult, subjective or complex judgments, often as a result of the need to make estimates about the effect of matters that are inherently uncertain. We do not believe that any accounting policies currently fit this definition.

 

Recently Issued Accounting Pronouncements

 

We do not expect the adoption of recently issued accounting pronouncements to have a significant impact on our results of operations, financial position or cash flow.

  

Item 3. Quantitative and Qualitative Disclosures about Market Risk

 

A smaller reporting company is not required to provide the information required by this Item.

 

Item 4. Controls and Procedures

 

Disclosure Controls and Procedures

 

As required by Rule 13a-15 of the Securities Exchange Act of 1934, our principal executive officer and principal financial officer evaluated our company's disclosure controls and procedures (as defined in Rules 13a-15(e) of the Securities Exchange Act of 1934) as of the end of the period covered by this report. Based on this evaluation, our principal executive officer and principal financial officer concluded that as of the end of the period covered by this report, these disclosure controls and procedures were not effective to ensure that the information required to be disclosed by our company in reports it files or submits under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported within the time periods specified in the rules and forms of the Securities Exchange Commission and to ensure that such information is accumulated and communicated to our company's management, including our principal executive officer and principal financial officer, to allow timely decisions regarding required disclosure. The conclusion that our disclosure controls and procedures were not effective was due to the presence of the following material weaknesses in internal control over financial reporting which are indicative of many small companies with small staff: (i) inadequate segregation of duties and effective risk assessment; and (ii) insufficient written policies and procedures for accounting and financial reporting with respect to the requirements and application of both United States generally accepted accounting principles and Securities and Exchange Commission guidelines. Management anticipates that such disclosure controls and procedures will not be effective until the material weaknesses are remediated.

 

 

 

 11 

 

 

We plan to take steps to enhance and improve the design of our internal controls over financial reporting. During the period covered by this quarterly report on Form 10-Q, we have not been able to remediate the material weaknesses identified above. To remediate such weaknesses, we plan to implement the following changes during our fiscal year ending May 31, 2020, subject to obtaining additional financing: (i) appoint additional qualified personnel to address inadequate segregation of duties and ineffective risk management; and (ii) adopt sufficient written policies and procedures for accounting and financial reporting. The remediation efforts set out above are largely dependent upon our securing additional financing to cover the costs of implementing the changes required. If we are unsuccessful in securing such funds, remediation efforts may be adversely affected in a material manner. 

 

Because of the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues, if any, within our 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.

 

Changes in Internal Control over Financial Reporting

 

There were no changes in our internal control over financial reporting during the quarter ended August 31, 2019 that have materially affected or are reasonably likely to materially affect, our internal control over financial reporting.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 12 

 

 

PART II – OTHER INFORMATION

 

Item 1. Legal Proceedings

 

We are not a party to any pending legal proceeding. We are not aware of any pending legal proceeding to which any of our officers, directors, or any beneficial holders of 5% or more of our voting securities are adverse to us or have a material interest adverse to us.

 

Item 1A. Risk Factors

 

Not applicable.

 

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

 

On August 8, 2019, we issued 40,000 shares of common stock for cash in the amount of $0.375 per share for a total of $15,000.

 

Item 3. Defaults upon Senior Securities

 

None

 

Item 4. Mine Safety Disclosures

 

Not applicable.

 

Item 5. Other Information

 

None

 

Item 6. Exhibits

 

SEC Ref. No.   Title of Document
     
31.1   Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
     
32.1   Certification pursuant to U.S.C. Section 1350 as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
     
101   XBRL Reports

 

 

 

 

 

 

 

 

 

 13 

 

 

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.

 

Momentous Holdings Corp.  
     
Date: January 8, 2020  
     
By: /s/ Andrew Eddy  
  Andrew Eddy  
Title: Chief Executive Officer, principal financial officer and principal accounting officer  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 14 

 

EX-31.1 2 momentous_ex3101.htm CERTIFICATION

Exhibit 31.1

 

CERTIFICATION

 

I, Andrew Eddy, certify that:

 

1. I have reviewed this Quarterly report on Form 10-Q of Momentous Holdings, Corp.;

 

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 Quarterly 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 Quarterly report;

 

4. I am responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-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 controls and procedures to be designed under my supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to me by others within those entities, particularly during the period in which this Quarterly report is being prepared;

 

b) designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under my 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 my 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 affect, the registrant’s internal control over financial reporting; and

 

5. I have disclosed, based on my 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/ Andrew Eddy
Date: January 8, 2020   Andrew Eddy
    Chief Executive Officer, principal financial officer and principal accounting officer

 

EX-32.1 3 momentous_ex3201.htm CERTIFICATION

Exhibit 32.1

 

CERTIFICATIONS PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

(18 U.S.C. SECTION 1350)

 

 

In connection with the Quarterly Report of Momentous Holdings Corp., (the "Company"), on Form 10-Q for the period ended August 31, 2019, as filed with the Securities and Exchange Commission on or about the date hereof (the "Report"), the undersigned, in the capacities and on the date indicated below, hereby certifies pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that to his knowledge:

 

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

 

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

 

 

Date: January 8, 2020

 

 

 

/s/ Andrew Eddy
By: Andrew Eddy
Its: Chief Executive Officer, principal financial officer and principal accounting officer

 

 

 

GRAPHIC 4 image_001.jpg GRAPHIC begin 644 image_001.jpg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end EX-101.INS 5 none-20190831.xml XBRL INSTANCE FILE 0001653876 2018-05-31 0001653876 2019-05-31 0001653876 us-gaap:CommonStockMember 2018-05-31 0001653876 us-gaap:AdditionalPaidInCapitalMember 2018-05-31 0001653876 us-gaap:RetainedEarningsMember 2018-05-31 0001653876 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-05-31 0001653876 2020-01-07 0001653876 2018-06-01 2018-07-31 0001653876 us-gaap:CommonStockMember 2018-07-31 0001653876 us-gaap:AdditionalPaidInCapitalMember 2018-07-31 0001653876 us-gaap:RetainedEarningsMember 2018-07-31 0001653876 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-07-31 0001653876 2018-07-31 0001653876 us-gaap:RetainedEarningsMember 2018-06-01 2018-07-31 0001653876 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-06-01 2018-07-31 0001653876 srt:DirectorMember 2019-05-31 0001653876 us-gaap:CommonStockMember 2018-08-02 0001653876 us-gaap:CommonStockMember 2019-05-31 0001653876 us-gaap:AdditionalPaidInCapitalMember 2018-08-02 0001653876 us-gaap:AdditionalPaidInCapitalMember 2019-05-31 0001653876 us-gaap:RetainedEarningsMember 2018-08-02 0001653876 us-gaap:RetainedEarningsMember 2019-05-31 0001653876 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-08-02 0001653876 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-05-31 0001653876 2018-08-02 0001653876 none:SalesToRelatedPartyMember 2018-06-01 2018-07-31 0001653876 none:FormerDirectorMember 2019-05-31 0001653876 us-gaap:ProductMember 2018-06-01 2018-07-31 0001653876 2019-08-31 0001653876 2019-06-01 2019-08-31 0001653876 2018-08-01 2018-08-31 0001653876 us-gaap:ProductMember 2018-08-01 2018-08-31 0001653876 us-gaap:ProductMember 2019-06-01 2019-08-31 0001653876 none:SalesToRelatedPartyMember 2019-06-01 2019-08-31 0001653876 none:SalesToRelatedPartyMember 2018-08-01 2018-08-31 0001653876 us-gaap:CommonStockMember 2019-06-01 2019-08-31 0001653876 us-gaap:CommonStockMember 2018-08-31 0001653876 us-gaap:CommonStockMember 2019-08-31 0001653876 us-gaap:AdditionalPaidInCapitalMember 2019-06-01 2019-08-31 0001653876 us-gaap:AdditionalPaidInCapitalMember 2018-08-31 0001653876 us-gaap:AdditionalPaidInCapitalMember 2019-08-31 0001653876 us-gaap:RetainedEarningsMember 2018-08-03 2018-08-31 0001653876 us-gaap:RetainedEarningsMember 2019-06-01 2019-08-31 0001653876 us-gaap:RetainedEarningsMember 2018-08-31 0001653876 us-gaap:RetainedEarningsMember 2019-08-31 0001653876 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-08-03 2018-08-31 0001653876 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-06-01 2019-08-31 0001653876 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-08-31 0001653876 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-08-31 0001653876 2018-08-03 2018-08-31 0001653876 2018-08-31 0001653876 none:VictoryMember 2019-08-31 0001653876 srt:DirectorMember 2019-06-01 2019-08-31 0001653876 us-gaap:CommonStockMember 2019-06-01 2019-08-08 0001653876 srt:DirectorMember 2019-08-31 0001653876 none:FormerDirectorMember 2019-08-31 0001653876 none:SalesToRelatedPartyMember none:DrafthouseMember 2019-06-01 2019-08-31 0001653876 none:SalesToRelatedPartyMember none:DrafthouseMember 2018-08-01 2018-08-31 0001653876 none:SalesToRelatedPartyMember none:DrafthouseMember 2018-06-01 2018-07-31 iso4217:USD xbrli:shares iso4217:USD xbrli:shares xbrli:pure iso4217:GBP 4803 4840 198 13009 4408 .001 0.001 75000000 750000000 34115000 34155000 34115000 34155000 0 15000 0 15000 40000 40000 -31233 -106528 129 0 -31725 363 129 0 -52894 3182 -49583 15750 34115 -15750 7807 -14725 -152605 -313 4155 -15038 -116573 15750 34155 -15750 22767 -67537 -178159 1618 4664 -65919 -21169 -21169 -25554 -52812 -52812 -25554 -52812 2819 2819 509 1931 509 1931 34165000 34115 34155 17309 20444 27871 34389 1899 1470 77895 82383 10470 32798 184423 198956 184423 198956 7807 22767 -152605 -178159 4155 4664 77895 82383 -211.69 -0.00 -0.00 26067 2129 23938 60684 9115 8829 60684 0 286 26949 55986 60816 27358 57350 61270 -21169 -25554 -52812 0 0 0 2819 509 1931 -18350 -25045 -50881 100 34125435 15750000 747 22328 -243 6276 3135 -4420 -1239 -2548 -507 -11926 6299 -7265 7481 2623 11573 2821 -753 -98 1971 2271 3484 936 17424 5677 59914 67359 22559 32314 630 3508 28370 8485 409 1364 454 -23850 -28980 -52785 0 1001 27 -3179 0 0 0 0 11573 96615 48489 9873 93122 46598 9873 3179 0 0 2238 0 48125 46524 -4803 8169 4210 15000 40 14960 2681 4427 0 265 429 188 0 0 49581 0 11747 0 155 4636 -6130 5107 2809 -4694 0 630 0 630 7481 0 0 2390 -8006 -2238 -1918 Momentous Holdings Corp. 0001653876 2019-08-31 false --05-31 Yes Non-accelerated Filer Q1 2019 true false true Yes NV 333-20163 10-Q <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>&#160;</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>NOTE 1 &#8211; ORGANIZATION, DESCRIPTION OF BUSINESS AND BASIS OF PRESENTATION</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">We were incorporated as Momentous Holdings Corp., (&#8220;the Company&#8221;), on May 29, 2015 in the State of Nevada for the purpose of designing, acquiring and developing mobile apps and mobile software for download by end consumers.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On August 1, 2018, V Beverages Limited. (&#8220;V Beverages&#8221;), acquired MaxChater Ltd. (&#8220;MaxChater&#8221;) for &#163;1 ($1). MaxChater is the operating entity in the transaction and is therefore viewed as the predecessor entity for financial reporting purposes, and V Beverages is viewed as the successor entity. The acquisition of MaxChater by V Beverages was accounted for using the acquisition method of accounting, and the excess of the consideration paid over the net liabilities acquired, representing goodwill on acquisition, was fully impaired at the date of the transaction, as further described in the Company&#8217;s recently filed <font style="font-family: Times New Roman, Times, Serif">Form 10-K.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On December 31, 2018, the Company entered into a Share Exchange Agreement with Andrew Eddy (&#8220;Owner&#8221;), an individual residing in Great Britain and owner of 100% of the issued and outstanding capital shares of V Beverages, a company organized under the laws of the United Kingdom (the &#8220;Share Exchange Agreement&#8221;). Pursuant to the Share Exchange Agreement, the Company acquired 100% of the issued and outstanding capital shares of V Beverages (the &#8220;Target Shares&#8221;). Upon the closing of the transaction under the Share Exchange Agreement, the Owner transferred the Target Shares to the Company in exchange for 15,750,000 shares of the Company&#8217;s common stock, par value $0.001. The board members of the Company were replaced with those of V Beverages at the date of the transaction.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The transaction has been accounted for as a reverse merger and recapitalization, whereby V Beverages&#160;is considered to be the accounting acquirer and became a wholly-owned subsidiary of the Company. V Beverages is considered to be the accounting acquirer following the replacement of the Momentous Holdings Corp. board and management by V Beverages management and board member. Following the reverse merger we ceased operations of our app, the original business of the Company.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The consolidated financial statements for the period ended August 31, 2019 and as of that date (successor) comprise the financial statements of Momentous Holdings Corp., together with the financial statements of V Beverages and MaxChater for the period from June 1, 2019 to August 31, 2019.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The financial statements for the period ended August 31, 2018 (successor) comprise the financial statements of V Beverages and MaxChater. for the period from August 1, 2018 to August 31, 2018.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The financial statements for the period ended July 31, 2018 (predecessor &#8211; separated by black bar) comprise the financial statements of MaxChater. for the period from June 1, 2018 to July 31, 2018.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">These unaudited interim consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (GAAP) <font style="font-family: Times New Roman, Times, Serif">and the rules of the Securities and Exchange Commission, and should be read in conjunction with the audited financial statements and notes thereto for the period ended May 31, 2019 contained in the Company&#8217;s Form 10-K filed with the Securities and Exchange Commission on December 18, 2019. </font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">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 disclosure contained in the audited financial statements for the period ended May 31, 2019, as reported in the Company&#8217;s Form 10-K, have been omitted.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>NOTE 2 - GOING CONCERN</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company had a working capital deficit of $164,567 a total stockholders&#8217; deficit of $116,573 at August 31, 2019 (successor) and accumulated losses at that date of $178,159. These factors, among others, raise substantial doubt about the ability of the Company to continue as a going concern for a reasonable period of time. The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The continuing operations of the Company are dependent upon its ability to continue to raise adequate financing and to commence profitable operations in the future and repay its liabilities arising from normal business operations as they become due. Following the recent completion of the 10-K for the year ended May 31, 2019, management expects to raise funds in order to provide working capital for the foreseeable future.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>Principles of consolidation</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The consolidated financial statements include the financial statements of Momentous Holdings Corp, together with the financial statements of V Beverages and MaxChater, presented in accordance with the basis of presentation footnote. All significant intercompany balances and transactions have been eliminated in full.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>Recent Accounting Pronouncements</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>&#160;</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">From time to time, new accounting pronouncements are issued by the Financial Accounting Standards Board or other standard setting bodies that may have an impact on the Company&#8217;s accounting and reporting. The Company believes that such recently issued accounting pronouncements and other authoritative guidance for which the effective date is in the future will not have an impact on its accounting or reporting or that such impact will not be material to its financial position, results of operations and cash flows when implemented.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>Principles of consolidation</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The consolidated financial statements include the financial statements of Momentous Holdings Corp, together with the financial statements of V Beverages and MaxChater, presented in accordance with the basis of presentation footnote. All significant intercompany balances and transactions have been eliminated in full.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>Recent Accounting Pronouncements</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>&#160;</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">From time to time, new accounting pronouncements are issued by the Financial Accounting Standards Board or other standard setting bodies that may have an impact on the Company&#8217;s accounting and reporting. The Company believes that such recently issued accounting pronouncements and other authoritative guidance for which the effective date is in the future will not have an impact on its accounting or reporting or that such impact will not be material to its financial position, results of operations and cash flows when implemented.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>NOTE 4 - DEBT</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Short term borrowings from related parties at August 31, 2019 (successor) include an amount of $46,524 due in respect of the purchase of the &#8216;Victory&#8217; brand acquired in November 2017. This balance was due for repayment in two equal installments by August 2, 2019 without interest, however the terms of the credit note have been extended until February 2020.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">A bank loan of $11,573 was advanced on August 2, 2018 which bears interest at a commercial interest rate. As of May 31, 2019 the Company owed $2,390 on the bank loan and as of August 31, 2019 the Company had repaid the remaining $11,747 balance of the bank loan and reduced the overdraft.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On August 2, 2019, the Company entered into a new &#163;20,000 ($24,250) bank overdraft facility with an effective rate of 12.22 per cent per annum which is personally guaranteed by one of the Company&#8217;s directors. The Facility does not have a fixed or minimum duration but may be cancelled by the bank at any time.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>NOTE 5 - RELATED PARTY TRANSACTIONS</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">During the quarter ended August 31, 2019 (successor) there were no new amounts loaned by the directors, amounts repaid amounted to $630.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The total amounts due to directors as of August 31, 2019 and May 31, 2019 were $46,598 and $48,489, respectively, the change being mainly due to foreign currency translation from GBP in which the loans are denominated. The amounts loaned by the directors are unsecured, non-interest bearing, and due on demand. See Note 4 for other related party note.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In addition to amounts due to current directors, the amount due to James Horan, a former director, was $9,873 as of August 31, 2019 and May 31, 2019. This amount is included in the total due of $46,598 disclosed above. The amount loaned is unsecured, non-interest bearing, and due on demand.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">During the period ended August 31, 2019 (successor), the Company invoiced and sold products, totaling $0 to a related party, The Drafthouse, which is considered to be a related party due to there being common significant shareholders with Momentous Holdings Corp. During the period ended August 31, 2018 (successor) the Company sold products to The Drafthouse totaling $286 and during the period ended July, 2018 (predecessor) the Company invoiced and sold products totaling $2,129.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Accounts receivable balances from The Drafthouse were $0, and $2,238 as of August 31, 2019 and May 31, 2019, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>NOTE 6 - CAPITAL STOCK</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>&#160;</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">On August 8, 2019, we issued 40,000 shares of common stock for cash in the amount of $0.375 per share for a total of $15,000.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>NOTE 7 - COMMITMENTS AND CONTINGENCIES</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>&#160;</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><i>Operating leases</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><i>&#160;</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company operated from rent-free premises in&#160;Central&#160;London until March 26, 2018 when the Company leased approximately 300 square feet of industrial space in Tottenham, London in the United Kingdom for approximately $450 per month which was cancelable by either party with one months&#8217; notice The Company also purchased a shipping container for additional space on location.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The company incurred no rental costs for the shipping container.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On April 26, 2019, the Company entered into an agreement with a third party for the sale and leaseback of the shipping container in the amount of $2,223. Rental payment after usage of the credit from the sale and leaseback of the shipping container was agreed at approximately $1,100 per month. On November 1, 2019, the Company&#160;relinquished&#160;the&#160;300 square feet of industrial space and has solely retained the shipping&#160;container at a reduced rental of approximately $410 per month which is cancelable by either party with two weeks notice.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The rental expense for the period ended August 31, 2019 (successor) was $3,270, for the period ended August 31, 2018 (successor) was approximately $450 and for the period ended July 31, 2018 (predecessor) was approximately $900.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>NOTE 8 - SUBSEQUENT EVENTS</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On October 17, 2019, we issued 10,000 shares of our common stock to one of our independent service providers as partial compensation for continued service and deferment of payment owed by the Company for prior services rendered.</p> .1222 -164597 24250 46524 0 286 2129 900 3270 450 100 100 15750000 34115000 15750000 34155000 EX-101.SCH 6 none-20190831.xsd XBRL SCHEMA FILE 00000001 - Document - Document and Entity Information link:presentationLink link:calculationLink link:definitionLink 00000002 - Statement - Consolidated Balance Sheets (Unaudited) link:presentationLink link:calculationLink link:definitionLink 00000003 - Statement - Consolidated Balance Sheets (Unaudited) (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 00000004 - Statement - Consolidated Statements of Operations And Other Comprehensive Loss (Unaudited) link:presentationLink link:calculationLink link:definitionLink 00000005 - Statement - Consolidated Statements of Changes Stockholders' Deficit (Unaudited) link:presentationLink link:calculationLink link:definitionLink 00000006 - Statement - Consolidated Statements of Cash Flows (Unaudited) link:presentationLink link:calculationLink link:definitionLink 00000007 - Disclosure - 1. Organization, Description of Business and Principles of Consolidation link:presentationLink link:calculationLink link:definitionLink 00000008 - Disclosure - 2. Going Concern link:presentationLink link:calculationLink link:definitionLink 00000009 - Disclosure - 3. Summary of Significant Accounting Policies link:presentationLink link:calculationLink link:definitionLink 00000010 - Disclosure - 4. Debt link:presentationLink link:calculationLink link:definitionLink 00000011 - Disclosure - 5. Related Party Transactions link:presentationLink link:calculationLink link:definitionLink 00000012 - Disclosure - 6. Capital Stock link:presentationLink link:calculationLink link:definitionLink 00000013 - Disclosure - 7. Commitments and Contingencies link:presentationLink link:calculationLink link:definitionLink 00000014 - Disclosure - 8. Subsequent Events link:presentationLink link:calculationLink link:definitionLink 00000015 - Disclosure - 3. Summary of Significant Accounting Policies (Policies) link:presentationLink link:calculationLink link:definitionLink 00000016 - Disclosure - 2. Going Concern (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000017 - Disclosure - 4. Debt (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000018 - Disclosure - 5. Related Party Transactions (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000019 - Disclosure - 6. Capital Stock (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000020 - Disclosure - 7. Commitments and Contingencies (Details Narrative) link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 7 none-20190831_cal.xml XBRL CALCULATION FILE EX-101.DEF 8 none-20190831_def.xml XBRL DEFINITION FILE EX-101.LAB 9 none-20190831_lab.xml XBRL LABEL FILE Equity Components [Axis] Common Stock Additional Paid-In Capital Accumulated Deficit Accumulated Other Comprehensive Income Related Party [Axis] Director [Member] Product and Service [Axis] Sales to related party [Member] Former Director [Member] Sales [Member] Victory [Member] Class of Stock [Axis] Drafthouse [Member] Document And Entity Information Entity Registrant Name Entity Central Index Key Document Type Document Period End Date Amendment Flag Current Fiscal Year End Date Is Entity a Well-known Seasoned Issuer? Is Entity a Voluntary Filer? Is Entity's Reporting Status Current? Entity Filer Category Entity Public Float Entity Common Stock, Shares Outstanding Document Fiscal Period Focus Document Fiscal Year Focus Emerging Growth Company Transition Period Small Business Entity Interactive data current? Incorporation state Entity file number Entity shell company Statement of Financial Position [Abstract] ASSETS Current Assets Cash Accounts receivable Accounts receivable from related party Prepaid expenses and other Total Current Assets Intangible asset Property and Equipment, net of accumulated depreciation of $2,271 and $1,971 respectively TOTAL ASSETS LIABILITIES AND STOCKHOLDERS' DEFICIT Liabilities Current Liabilities Accounts payable Due to related parties Short term borrowings Other accrued expenses and liabilities Total Current Liabilities Total Liabilities Stockholders' Deficit Common stock, $0.001 par value, 75,000,000 shares authorized; 34,155,000 and 34,115,000 shares issued and outstanding as of August 31, 2019 and May 31, 2019, respectively Additional paid-in capital Accumulated deficit Accumulated other comprehensive income Total Stockholders' Deficit TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT Accumulated depreciation Preferred stock, par value Preferred stock, shares authorized Preferred stock, shares issued Preferred stock, shares outstanding Common stock, par value Common stock, shares authorized Common stock, shares issued Common stock, shares outstanding Statement [Table] Statement [Line Items] Revenues Total sales Cost of goods sold Gross Profit Operating Expenses General and administrative expenses Selling and distribution expenses Total Operating Expenses Operating Loss Other income Interest expense Loss before Income Taxes Income Taxes Net Loss Other Comprehensive Income Foreign currency translation adjustment Total Comprehensive Loss Net Loss per Share: Basic and Diluted Weighted Average Number of Shares Outstanding: Basic and Diluted Beginning balance, shares Beginning balance, value Net loss Issuance of common stock issued for cash, shares Issuance of common stock issued for cash, value Foreign currency translation adjustment Ending balance, shares Ending balance, value Statement of Cash Flows [Abstract] CASH FLOWS FROM OPERATING ACTIVITIES Adjustments to reconcile net loss to net cash used in operating activities Depreciation and amortization expense Loss on goodwill impairment Changes in assets and liabilities: Accounts payable Accounts receivable - third party Accounts receivable - related party Prepaid expenses Accrued expenses Taxes payable Net cash provided by/(used in) operating activities CASH FLOW FROM INVESTING ACTIVITIES Purchase of fixed assets Net cash used in investing activities CASH FLOWS FROM FINANCING ACTIVITIES Proceeds from the sale of common stock Loans advanced Loans and overdrafts repaid Related party loans repaid Bank overdraft Net cash provided by financing activities Effect of exchange rate changes on cash Changes in cash Cash at beginning of period Cash at end of period Accounting Policies [Abstract] Organization, Description of Business and Principles of Consolidation Organization, Consolidation and Presentation of Financial Statements [Abstract] Going Concern Summary of Significant Accounting Policies Debt Disclosure [Abstract] Debt Related Party Transactions [Abstract] Related Party Transactions Equity [Abstract] Capital Stock Commitments and Contingencies Disclosure [Abstract] Commitments and Contingencies Subsequent Events [Abstract] Subsequent Events Basis of Presentation Principles of Consolidation Use of estimates Cash and Cash Equivalents Revenue Recognition Accounts Receivable Inventory Income Taxes Goodwill and intangible assets Fixed Assets Impairment of long-lived assets Software Development Cost Basic and Diluted/Net Loss Per Share Foreign Currency Translation Fair value of financial instruments Recent Accounting Pronouncements Accumulated losses Stockholders' deficit Working capital Line of credit maximum amount Line of credit interest rate Bank loan advanced Bank loan repaid Balance due on bank loan Due to related parties Amounts due to a director Related party loans advanced Related party loans repaid Sales to related party Accounts receivable - related party Stock issued new, shares Proceeds from issuance of common stock Rental Expense Working capital Assets, Current Assets Liabilities, Current Liabilities [Default Label] Liabilities and Equity Cost of Revenue Gross Profit Operating Expenses [Default Label] Operating Income (Loss) Interest Expense Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest Comprehensive Income (Loss), Net of Tax, Attributable to Parent Shares, Outstanding Temporary Equity, Foreign Currency Translation Adjustments Increase (Decrease) in Accounts Payable Increase (Decrease) in Accounts Receivable Increase (Decrease) in Accounts Receivable, Related Parties Increase (Decrease) in Prepaid Expense Net Cash Provided by (Used in) Operating Activities Payments to Acquire Property, Plant, and Equipment Net Cash Provided by (Used in) Investing Activities Net Cash Provided by (Used in) Financing Activities Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect Income Tax, Policy [Policy Text Block] Due to Related Parties EX-101.PRE 10 none-20190831_pre.xml XBRL PRESENTATION FILE XML 11 R4.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Statements of Operations And Other Comprehensive Loss (Unaudited) - USD ($)
1 Months Ended 2 Months Ended 3 Months Ended
Aug. 31, 2018
Jul. 31, 2018
Aug. 31, 2019
Revenues      
Total sales $ 9,115 $ 26,067 $ 60,684
Cost of goods sold (630) (22,559) (32,314)
Gross Profit 8,485 3,508 28,370
Operating Expenses      
General and administrative expenses 60,816 26,949 55,986
Selling and distribution expenses 454 409 1,364
Total Operating Expenses 61,270 27,358 57,350
Operating Loss (52,785) (23,850) (28,980)
Other income 0 2,681 4,427
Interest expense (27) 0 (1,001)
Loss before Income Taxes (52,812) (21,169) (25,554)
Income Taxes 0 0 0
Net Loss (52,812) (21,169) (25,554)
Other Comprehensive Income      
Foreign currency translation adjustment 1,931 2,819 509
Total Comprehensive Loss $ (50,881) $ (18,350) $ (25,045)
Net Loss per Share: Basic and Diluted $ (0.00) $ (211.69) $ (0.00)
Weighted Average Number of Shares Outstanding: Basic and Diluted 15,750,000 100 34,125,435
Sales [Member]      
Revenues      
Total sales $ 8,829 $ 23,938 $ 60,684
Sales to related party [Member]      
Revenues      
Total sales $ 286 $ 2,129 $ 0
XML 12 Show.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 13 R8.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
2. Going Concern
3 Months Ended
Aug. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Going Concern

NOTE 2 - GOING CONCERN

 

The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company had a working capital deficit of $164,567 a total stockholders’ deficit of $116,573 at August 31, 2019 (successor) and accumulated losses at that date of $178,159. These factors, among others, raise substantial doubt about the ability of the Company to continue as a going concern for a reasonable period of time. The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty.

 

The continuing operations of the Company are dependent upon its ability to continue to raise adequate financing and to commence profitable operations in the future and repay its liabilities arising from normal business operations as they become due. Following the recent completion of the 10-K for the year ended May 31, 2019, management expects to raise funds in order to provide working capital for the foreseeable future.

XML 14 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 15 FilingSummary.xml IDEA: XBRL DOCUMENT 3.19.3.a.u2 html 59 179 1 false 11 0 false 5 false false R1.htm 00000001 - Document - Document and Entity Information Sheet http://momentous.com/role/DocumentAndEntityInformation Document and Entity Information Cover 1 false false R2.htm 00000002 - Statement - Consolidated Balance Sheets (Unaudited) Sheet http://momentous.com/role/BalanceSheets Consolidated Balance Sheets (Unaudited) Statements 2 false false R3.htm 00000003 - Statement - Consolidated Balance Sheets (Unaudited) (Parenthetical) Sheet http://momentous.com/role/BalanceSheetsParenthetical Consolidated Balance Sheets (Unaudited) (Parenthetical) Statements 3 false false R4.htm 00000004 - Statement - Consolidated Statements of Operations And Other Comprehensive Loss (Unaudited) Sheet http://momentous.com/role/StatementsOfOperationsAndOtherComprehensiveLoss Consolidated Statements of Operations And Other Comprehensive Loss (Unaudited) Statements 4 false false R5.htm 00000005 - Statement - Consolidated Statements of Changes Stockholders' Deficit (Unaudited) Sheet http://momentous.com/role/StatementsOfChangesStockholdersDeficit Consolidated Statements of Changes Stockholders' Deficit (Unaudited) Statements 5 false false R6.htm 00000006 - Statement - Consolidated Statements of Cash Flows (Unaudited) Sheet http://momentous.com/role/StatementsOfCashFlows Consolidated Statements of Cash Flows (Unaudited) Statements 6 false false R7.htm 00000007 - Disclosure - 1. Organization, Description of Business and Principles of Consolidation Sheet http://momentous.com/role/OrganizationDescriptionOfBusinessAndPrinciplesOfConsolidation 1. Organization, Description of Business and Principles of Consolidation Notes 7 false false R8.htm 00000008 - Disclosure - 2. Going Concern Sheet http://momentous.com/role/GoingConcern 2. Going Concern Notes 8 false false R9.htm 00000009 - Disclosure - 3. Summary of Significant Accounting Policies Sheet http://momentous.com/role/SummaryOfSignificantAccountingPolicies 3. Summary of Significant Accounting Policies Notes 9 false false R10.htm 00000010 - Disclosure - 4. Debt Sheet http://momentous.com/role/Debt 4. Debt Notes 10 false false R11.htm 00000011 - Disclosure - 5. Related Party Transactions Sheet http://momentous.com/role/RelatedPartyTransactions 5. Related Party Transactions Notes 11 false false R12.htm 00000012 - Disclosure - 6. Capital Stock Sheet http://momentous.com/role/CapitalStock 6. Capital Stock Notes 12 false false R13.htm 00000013 - Disclosure - 7. Commitments and Contingencies Sheet http://momentous.com/role/CommitmentsAndContingencies 7. Commitments and Contingencies Notes 13 false false R14.htm 00000014 - Disclosure - 8. Subsequent Events Sheet http://momentous.com/role/SubsequentEvents 8. Subsequent Events Notes 14 false false R15.htm 00000015 - Disclosure - 3. Summary of Significant Accounting Policies (Policies) Sheet http://momentous.com/role/SummaryOfSignificantAccountingPoliciesPolicies 3. Summary of Significant Accounting Policies (Policies) Policies http://momentous.com/role/SummaryOfSignificantAccountingPolicies 15 false false R16.htm 00000016 - Disclosure - 2. Going Concern (Details Narrative) Sheet http://momentous.com/role/GoingConcernDetailsNarrative 2. Going Concern (Details Narrative) Details http://momentous.com/role/GoingConcern 16 false false R17.htm 00000017 - Disclosure - 4. Debt (Details Narrative) Sheet http://momentous.com/role/DebtDetailsNarrative 4. Debt (Details Narrative) Details http://momentous.com/role/Debt 17 false false R18.htm 00000018 - Disclosure - 5. Related Party Transactions (Details Narrative) Sheet http://momentous.com/role/RelatedPartyTransactionsDetailsNarrative 5. Related Party Transactions (Details Narrative) Details http://momentous.com/role/RelatedPartyTransactions 18 false false R19.htm 00000019 - Disclosure - 6. Capital Stock (Details Narrative) Sheet http://momentous.com/role/CapitalStockDetailsNarrative 6. Capital Stock (Details Narrative) Details http://momentous.com/role/CapitalStock 19 false false R20.htm 00000020 - Disclosure - 7. Commitments and Contingencies (Details Narrative) Sheet http://momentous.com/role/CommitmentsAndContingenciesDetailsNarrative 7. Commitments and Contingencies (Details Narrative) Details http://momentous.com/role/CommitmentsAndContingencies 20 false false All Reports Book All Reports none-20190831.xml none-20190831.xsd none-20190831_cal.xml none-20190831_def.xml none-20190831_lab.xml none-20190831_pre.xml http://fasb.org/srt/2019-01-31 http://xbrl.sec.gov/dei/2019-01-31 http://fasb.org/us-gaap/2019-01-31 true true XML 16 R15.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
3. Summary of Significant Accounting Policies (Policies)
3 Months Ended
Aug. 31, 2019
Accounting Policies [Abstract]  
Principles of Consolidation

Principles of consolidation

 

The consolidated financial statements include the financial statements of Momentous Holdings Corp, together with the financial statements of V Beverages and MaxChater, presented in accordance with the basis of presentation footnote. All significant intercompany balances and transactions have been eliminated in full.

Recent Accounting Pronouncements

Recent Accounting Pronouncements

 

From time to time, new accounting pronouncements are issued by the Financial Accounting Standards Board or other standard setting bodies that may have an impact on the Company’s accounting and reporting. The Company believes that such recently issued accounting pronouncements and other authoritative guidance for which the effective date is in the future will not have an impact on its accounting or reporting or that such impact will not be material to its financial position, results of operations and cash flows when implemented.

XML 17 R11.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
5. Related Party Transactions
3 Months Ended
Aug. 31, 2019
Related Party Transactions [Abstract]  
Related Party Transactions

NOTE 5 - RELATED PARTY TRANSACTIONS

 

During the quarter ended August 31, 2019 (successor) there were no new amounts loaned by the directors, amounts repaid amounted to $630.

 

The total amounts due to directors as of August 31, 2019 and May 31, 2019 were $46,598 and $48,489, respectively, the change being mainly due to foreign currency translation from GBP in which the loans are denominated. The amounts loaned by the directors are unsecured, non-interest bearing, and due on demand. See Note 4 for other related party note.

 

In addition to amounts due to current directors, the amount due to James Horan, a former director, was $9,873 as of August 31, 2019 and May 31, 2019. This amount is included in the total due of $46,598 disclosed above. The amount loaned is unsecured, non-interest bearing, and due on demand.

 

During the period ended August 31, 2019 (successor), the Company invoiced and sold products, totaling $0 to a related party, The Drafthouse, which is considered to be a related party due to there being common significant shareholders with Momentous Holdings Corp. During the period ended August 31, 2018 (successor) the Company sold products to The Drafthouse totaling $286 and during the period ended July, 2018 (predecessor) the Company invoiced and sold products totaling $2,129.

 

Accounts receivable balances from The Drafthouse were $0, and $2,238 as of August 31, 2019 and May 31, 2019, respectively.

ZIP 18 0001683168-20-000054-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001683168-20-000054-xbrl.zip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end XML 19 R19.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
6. Capital Stock (Details Narrative) - USD ($)
1 Months Ended 2 Months Ended 3 Months Ended
Aug. 31, 2018
Aug. 08, 2019
Jul. 31, 2018
Aug. 31, 2019
Proceeds from issuance of common stock $ 0   $ 0 $ 15,000
Common Stock        
Stock issued new, shares   40,000    
Proceeds from issuance of common stock   $ 15,000    
XML 20 R18.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
5. Related Party Transactions (Details Narrative) - USD ($)
1 Months Ended 2 Months Ended 3 Months Ended
Aug. 31, 2018
Jul. 31, 2018
Aug. 31, 2019
May 31, 2019
Amounts due to a director     $ 93,122 $ 96,615
Related party loans repaid $ 0 $ 0 630  
Accounts receivable - related party     0 2,238
Director [Member]        
Amounts due to a director     46,598 48,489
Related party loans repaid     630  
Former Director [Member]        
Amounts due to a director     9,873 $ 9,873
Drafthouse [Member] | Sales to related party [Member]        
Sales to related party $ 286 $ 2,129 $ 0  
XML 21 R14.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
8. Subsequent Events
3 Months Ended
Aug. 31, 2019
Subsequent Events [Abstract]  
Subsequent Events

NOTE 8 - SUBSEQUENT EVENTS

  

On October 17, 2019, we issued 10,000 shares of our common stock to one of our independent service providers as partial compensation for continued service and deferment of payment owed by the Company for prior services rendered.

XML 22 R10.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
4. Debt
3 Months Ended
Aug. 31, 2019
Debt Disclosure [Abstract]  
Debt

NOTE 4 - DEBT

 

Short term borrowings from related parties at August 31, 2019 (successor) include an amount of $46,524 due in respect of the purchase of the ‘Victory’ brand acquired in November 2017. This balance was due for repayment in two equal installments by August 2, 2019 without interest, however the terms of the credit note have been extended until February 2020.

 

A bank loan of $11,573 was advanced on August 2, 2018 which bears interest at a commercial interest rate. As of May 31, 2019 the Company owed $2,390 on the bank loan and as of August 31, 2019 the Company had repaid the remaining $11,747 balance of the bank loan and reduced the overdraft.

 

On August 2, 2019, the Company entered into a new £20,000 ($24,250) bank overdraft facility with an effective rate of 12.22 per cent per annum which is personally guaranteed by one of the Company’s directors. The Facility does not have a fixed or minimum duration but may be cancelled by the bank at any time.

XML 23 R9.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
3. Summary of Significant Accounting Policies
3 Months Ended
Aug. 31, 2019
Accounting Policies [Abstract]  
Summary of Significant Accounting Policies

NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

 

Principles of consolidation

 

The consolidated financial statements include the financial statements of Momentous Holdings Corp, together with the financial statements of V Beverages and MaxChater, presented in accordance with the basis of presentation footnote. All significant intercompany balances and transactions have been eliminated in full.

 

Recent Accounting Pronouncements

 

From time to time, new accounting pronouncements are issued by the Financial Accounting Standards Board or other standard setting bodies that may have an impact on the Company’s accounting and reporting. The Company believes that such recently issued accounting pronouncements and other authoritative guidance for which the effective date is in the future will not have an impact on its accounting or reporting or that such impact will not be material to its financial position, results of operations and cash flows when implemented.

XML 24 R5.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Statements of Changes Stockholders' Deficit (Unaudited) - USD ($)
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Accumulated Other Comprehensive Income
Total
Beginning balance, shares at May. 31, 2018 100        
Beginning balance, value at May. 31, 2018 $ 129 $ 0 $ (31,725) $ 363 $ (31,233)
Net loss     (21,169)   (21,169)
Foreign currency translation adjustment       2,819 2,819
Ending balance, shares at Jul. 31, 2018 100        
Ending balance, value at Jul. 31, 2018 $ 129 0 (52,894) 3,182 (49,583)
Net loss         (52,812)
Ending balance, shares at Aug. 31, 2018 15,750,000        
Ending balance, value at Aug. 31, 2018 $ 15,750 (15,750) (67,537) 1,618 (65,919)
Beginning balance, shares at Aug. 02, 2018 15,750,000        
Beginning balance, value at Aug. 02, 2018 $ 15,750 (15,750) (14,725) (313) (15,038)
Net loss     (52,812)   (52,812)
Foreign currency translation adjustment       1,931 1,931
Ending balance, shares at Aug. 31, 2018 15,750,000        
Ending balance, value at Aug. 31, 2018 $ 15,750 (15,750) (67,537) 1,618 (65,919)
Beginning balance, shares at May. 31, 2019 34,115,000        
Beginning balance, value at May. 31, 2019 $ 34,115 7,807 (152,605) 4,155 (106,528)
Net loss     (25,554)   (25,554)
Issuance of common stock issued for cash, shares 40,000        
Issuance of common stock issued for cash, value $ 40 14,960     15,000
Foreign currency translation adjustment       509 509
Ending balance, shares at Aug. 31, 2019 34,155,000        
Ending balance, value at Aug. 31, 2019 $ 34,155 $ 22,767 $ (178,159) $ 4,664 $ (116,573)
XML 25 R1.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Document and Entity Information - shares
3 Months Ended
Aug. 31, 2019
Jan. 07, 2020
Document And Entity Information    
Entity Registrant Name Momentous Holdings Corp.  
Entity Central Index Key 0001653876  
Document Type 10-Q  
Document Period End Date Aug. 31, 2019  
Amendment Flag false  
Current Fiscal Year End Date --05-31  
Is Entity's Reporting Status Current? Yes  
Entity Filer Category Non-accelerated Filer  
Entity Common Stock, Shares Outstanding   34,165,000
Document Fiscal Period Focus Q1  
Document Fiscal Year Focus 2019  
Emerging Growth Company true  
Transition Period false  
Small Business Entity true  
Interactive data current? Yes  
Incorporation state NV  
Entity file number 333-20163  
XML 26 R16.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
2. Going Concern (Details Narrative) - USD ($)
Aug. 31, 2019
May 31, 2019
Aug. 31, 2018
Aug. 02, 2018
Jul. 31, 2018
May 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]            
Accumulated losses $ (178,159) $ (152,605)        
Stockholders' deficit (116,573) $ (106,528) $ (65,919) $ (15,038) $ (49,583) $ (31,233)
Working capital $ (164,597)          
XML 27 R12.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
6. Capital Stock
3 Months Ended
Aug. 31, 2019
Equity [Abstract]  
Capital Stock

NOTE 6 - CAPITAL STOCK

 

On August 8, 2019, we issued 40,000 shares of common stock for cash in the amount of $0.375 per share for a total of $15,000.

EXCEL 28 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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end XML 29 R7.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
1. Organization, Description of Business and Principles of Consolidation
3 Months Ended
Aug. 31, 2019
Accounting Policies [Abstract]  
Organization, Description of Business and Principles of Consolidation

 

NOTE 1 – ORGANIZATION, DESCRIPTION OF BUSINESS AND BASIS OF PRESENTATION

 

We were incorporated as Momentous Holdings Corp., (“the Company”), on May 29, 2015 in the State of Nevada for the purpose of designing, acquiring and developing mobile apps and mobile software for download by end consumers.

 

On August 1, 2018, V Beverages Limited. (“V Beverages”), acquired MaxChater Ltd. (“MaxChater”) for £1 ($1). MaxChater is the operating entity in the transaction and is therefore viewed as the predecessor entity for financial reporting purposes, and V Beverages is viewed as the successor entity. The acquisition of MaxChater by V Beverages was accounted for using the acquisition method of accounting, and the excess of the consideration paid over the net liabilities acquired, representing goodwill on acquisition, was fully impaired at the date of the transaction, as further described in the Company’s recently filed Form 10-K.

 

On December 31, 2018, the Company entered into a Share Exchange Agreement with Andrew Eddy (“Owner”), an individual residing in Great Britain and owner of 100% of the issued and outstanding capital shares of V Beverages, a company organized under the laws of the United Kingdom (the “Share Exchange Agreement”). Pursuant to the Share Exchange Agreement, the Company acquired 100% of the issued and outstanding capital shares of V Beverages (the “Target Shares”). Upon the closing of the transaction under the Share Exchange Agreement, the Owner transferred the Target Shares to the Company in exchange for 15,750,000 shares of the Company’s common stock, par value $0.001. The board members of the Company were replaced with those of V Beverages at the date of the transaction.

 

The transaction has been accounted for as a reverse merger and recapitalization, whereby V Beverages is considered to be the accounting acquirer and became a wholly-owned subsidiary of the Company. V Beverages is considered to be the accounting acquirer following the replacement of the Momentous Holdings Corp. board and management by V Beverages management and board member. Following the reverse merger we ceased operations of our app, the original business of the Company.

 

The consolidated financial statements for the period ended August 31, 2019 and as of that date (successor) comprise the financial statements of Momentous Holdings Corp., together with the financial statements of V Beverages and MaxChater for the period from June 1, 2019 to August 31, 2019.

 

The financial statements for the period ended August 31, 2018 (successor) comprise the financial statements of V Beverages and MaxChater. for the period from August 1, 2018 to August 31, 2018.

 

The financial statements for the period ended July 31, 2018 (predecessor – separated by black bar) comprise the financial statements of MaxChater. for the period from June 1, 2018 to July 31, 2018.

 

These unaudited interim consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (GAAP) and the rules of the Securities and Exchange Commission, and should be read in conjunction with the audited financial statements and notes thereto for the period ended May 31, 2019 contained in the Company’s Form 10-K filed with the Securities and Exchange Commission on December 18, 2019.

 

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 disclosure contained in the audited financial statements for the period ended May 31, 2019, as reported in the Company’s Form 10-K, have been omitted.

XML 30 R3.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($)
Aug. 31, 2019
May 31, 2019
Statement of Financial Position [Abstract]    
Accumulated depreciation $ 2,271 $ 1,971
Common stock, par value $ 0.001 $ .001
Common stock, shares authorized 750,000,000 75,000,000
Common stock, shares issued 34,155,000 34,115,000
Common stock, shares outstanding 34,155,000 34,115,000
XML 31 R20.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
7. Commitments and Contingencies (Details Narrative) - USD ($)
1 Months Ended 2 Months Ended 3 Months Ended
Aug. 31, 2018
Jul. 31, 2018
Aug. 31, 2019
Commitments and Contingencies Disclosure [Abstract]      
Rental Expense $ 450 $ 900 $ 3,270
XML 32 R6.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
1 Months Ended 2 Months Ended 3 Months Ended
Aug. 31, 2018
Jul. 31, 2018
Aug. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES      
Net loss $ (52,812) $ (21,169) $ (25,554)
Adjustments to reconcile net loss to net cash used in operating activities      
Depreciation and amortization expense 188 265 429
Loss on goodwill impairment 49,581 0 0
Changes in assets and liabilities:      
Accounts payable (243) 747 22,328
Accounts receivable - third party 4,420 (6,276) (3,135)
Accounts receivable - related party 1,918 8,006 2,238
Prepaid expenses 507 1,239 2,548
Accrued expenses (6,130) 155 4,636
Taxes payable (4,694) 5,107 2,809
Net cash provided by/(used in) operating activities (7,265) (11,926) 6,299
CASH FLOW FROM INVESTING ACTIVITIES      
Purchase of fixed assets 0 (3,179) 0
Net cash used in investing activities 0 (3,179) 0
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from the sale of common stock 0 0 15,000
Loans advanced 11,573 0 0
Loans and overdrafts repaid 0 0 (11,747)
Related party loans repaid 0 0 (630)
Bank overdraft 0 7,481 0
Net cash provided by financing activities 11,573 7,481 2,623
Effect of exchange rate changes on cash (98) 2,821 (753)
Changes in cash 4,210 (4,803) 8,169
Cash at beginning of period 198 4,803 4,840
Cash at end of period $ 4,408 $ 198 $ 13,009
XML 33 R2.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Balance Sheets (Unaudited) - USD ($)
Aug. 31, 2019
May 31, 2019
Current Assets    
Cash $ 13,009 $ 4,840
Accounts receivable 20,444 17,309
Accounts receivable from related party 0 2,238
Prepaid expenses and other 936 3,484
Total Current Assets 34,389 27,871
Intangible asset 46,524 48,125
Property and Equipment, net of accumulated depreciation of $2,271 and $1,971 respectively 1,470 1,899
TOTAL ASSETS 82,383 77,895
Current Liabilities    
Accounts payable 32,798 10,470
Due to related parties 93,122 96,615
Short term borrowings 5,677 17,424
Other accrued expenses and liabilities 67,359 59,914
Total Current Liabilities 198,956 184,423
Total Liabilities 198,956 184,423
Stockholders' Deficit    
Common stock, $0.001 par value, 75,000,000 shares authorized; 34,155,000 and 34,115,000 shares issued and outstanding as of August 31, 2019 and May 31, 2019, respectively 34,155 34,115
Additional paid-in capital 22,767 7,807
Accumulated deficit (178,159) (152,605)
Accumulated other comprehensive income 4,664 4,155
Total Stockholders' Deficit (116,573) (106,528)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 82,383 $ 77,895
XML 34 R17.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
4. Debt (Details Narrative) - USD ($)
1 Months Ended 2 Months Ended 3 Months Ended
Aug. 31, 2018
Jul. 31, 2018
Aug. 31, 2019
Line of credit maximum amount     $ 24,250
Line of credit interest rate     12.22%
Bank loan advanced $ 11,573 $ 0 $ 0
Bank loan repaid $ 0 $ 0 11,747
Balance due on bank loan     2,390
Victory [Member]      
Due to related parties     $ 46,524
XML 35 R13.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
7. Commitments and Contingencies
3 Months Ended
Aug. 31, 2019
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies

NOTE 7 - COMMITMENTS AND CONTINGENCIES

 

Operating leases

 

The Company operated from rent-free premises in Central London until March 26, 2018 when the Company leased approximately 300 square feet of industrial space in Tottenham, London in the United Kingdom for approximately $450 per month which was cancelable by either party with one months’ notice The Company also purchased a shipping container for additional space on location.

 

The company incurred no rental costs for the shipping container.

 

On April 26, 2019, the Company entered into an agreement with a third party for the sale and leaseback of the shipping container in the amount of $2,223. Rental payment after usage of the credit from the sale and leaseback of the shipping container was agreed at approximately $1,100 per month. On November 1, 2019, the Company relinquished the 300 square feet of industrial space and has solely retained the shipping container at a reduced rental of approximately $410 per month which is cancelable by either party with two weeks notice.

 

The rental expense for the period ended August 31, 2019 (successor) was $3,270, for the period ended August 31, 2018 (successor) was approximately $450 and for the period ended July 31, 2018 (predecessor) was approximately $900.