0001607062-19-000451.txt : 20191114 0001607062-19-000451.hdr.sgml : 20191114 20191114160619 ACCESSION NUMBER: 0001607062-19-000451 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 48 CONFORMED PERIOD OF REPORT: 20190930 FILED AS OF DATE: 20191114 DATE AS OF CHANGE: 20191114 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Genesys Industries, Inc. CENTRAL INDEX KEY: 0001683131 STANDARD INDUSTRIAL CLASSIFICATION: METAL DOORS, SASH, FRAMES, MOLDING & TRIM [3442] IRS NUMBER: 300852686 STATE OF INCORPORATION: FL FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 333-213387 FILM NUMBER: 191220056 BUSINESS ADDRESS: STREET 1: 1914 24TH AVENUE E CITY: PALMETTO STATE: FL ZIP: 34221 BUSINESS PHONE: 941-722-3600 MAIL ADDRESS: STREET 1: 1914 24TH AVENUE E CITY: PALMETTO STATE: FL ZIP: 34221 10-Q 1 gein093019form10q.htm FORM 10-Q

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: September 30, 2019 

or

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

_________________

GENESYS INDUSTRIES, INC.

_________________

 

Florida 333-213387 30-0852686
(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation or Organization) File Number) Identification No.)

1914 24th Ave E Palmetto, Florida 34221
(Address of Principal Executive Offices) (Zip Code)

941-722-3600
(Registrant’s telephone number, including area code)

_________________

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 friler ☐   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 Act).

Yes ☐  No ☒

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   GEIN   OTC Markets

 

APPLICABLE ONLY TO CORPORATE ISSUERS

State the number of shares outstanding of each of the issuer’s classes of common equity, as of the latest practicable date:  As of November 5, 2019, the issuer had 18,000,000 shares of its common stock issued and outstanding.

 1 

 

 

TABLE OF CONTENTS

PART I  
Item 1. Condensed Unaudited Consolidated Financial Statements 3
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations 13
Item 3. Quantitative and Qualitative Disclosures About Market Risk 16
Item 4. Controls and Procedures 16
PART II
Item 1. Legal Proceedings 16
Item 1A. Risk Factors 16
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 16
Item 3. Defaults Upon Senior Securities 16
Item 4. Mining Safety Disclosures 16
Item 5. Other Information 16
Item 6. Exhibits 17
Signatures 18

 

 2 

 

 

 PART I – FINANCIAL INFORMATION

 

ITEM 1. FINANCIAL STATEMENTS

 

GENESYS INDUSTRIES, INC.

INDEX TO CONSOLIDATED FINANCIAL STATEMENTS

 

September 30, 2019

 

Condensed Consolidated Balance Sheets as of September 30, 2019 and June 30, 2019 (Unaudited) 4
Condensed Consolidated Statements of Operations for the three months ended September 30, 2019 and 2018 (Unaudited) 5
Condensed Consolidated Statements of Stockholders’ Equity (Deficit) for the three months ended September 30, 2019 and 2018 (Unaudited) 6
Condensed Consolidated Statements of Cash Flows for the three months ended September 30, 2019 and 2018 (Unaudited) 7
Notes to the Condensed Consolidated Financial Statements (Unaudited) 8

 

 3 

 

 

GENESYS INDUSTRIES, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

 
    

September 30,

2019

    

June 30,

2019

 
ASSETS   (Unaudited)      
Current assets:          
Cash  $113,472   $170,205 
Accounts receivable   94,678    52,811 
Prepaids   8,065    —   
Total current assets   216,215    223,016 
Website development, net   —      —   
Machinery and equipment, net   273,962    163,028 
Real property & plant, net   236,171    239,377 
Total Assets  $726,348   $625,421 
           
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)          
Current liabilities:          
Accounts payable and accrued liabilities  $43,867   $25,137 
Accrued interest, related party   6,751    5,463 
Accrued compensation   4,937    3,642 
Line of credit – current portion   36,168    42,071 
Loans payable– current portion   31,598    24,329 
Due to related party   102,129    102,129 
Income tax accrual   41,286    38,484 
Total current liabilities   266,736    241,255 
Long term liabilities:          
Line of credit   98,332    101,192 
Loans payable   242,381    184,556 
Total liabilities   607,449    527,003 
           
Commitments and contingencies   —      —   
           
Stockholders' equity (deficit):          
Class B Preferred stock, $0.001 par value, 25,000,000 shares authorized; 10,000,000 and 10,000,000 issued and outstanding, respectively   10,000    10,000 
Common stock, $0.001 par value, 100,000,000 shares authorized; 18,000,000 and 17,870,000 shares issued and outstanding, respectively   18,000    17,870 
Additional paid-in capital   114,000    101,130 
Accumulated deficit   (23,101)   (30,582)
Total stockholders' equity (deficit)   118,899    98,418 
Total Liabilities and Stockholders' Deficit  $726,348   $625,421 

 

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

 

 4 

 

  

GENESYS INDUSTRIES, INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(Unaudited)

  

For the Three Months Ended

September 30,

   2019  2018
Revenue  $140,951   $185,241 
Cost of revenue   93,478    119,377 
Gross Margin   47,473    65,864 
           
Operating Expenses:          
Professional fees   5,005    3,500 
Payroll expense   6,789    7,628 
General & administrative expenses   18,452    23,085 
Total operating expenses   30,246    34,213 
           
Income from operations   17,227    31,651 
           
Other expense:          
Interest expense   (6,944)   (3,034)
Total other expense   (6,944)   (3,034)
           
Income before income taxes   10,283    28,617 
           
Provision for income taxes   (2,802)   (6,010)
           
Net income  $7,481   $22,607 
           
Net Income Per Common Share, basic & diluted  $0.00   $0.00 
Weighted Common Shares Outstanding, basic & diluted   17,881,630    17,870,000 

  

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

 

 5 

 

 

GENESYS INDUSTRIES, INC.

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT)

(Unaudited)

 

For the Three Months Ended September 30, 2018
   Common Shares  Common Stock 

Preferred

Shares

  Preferred  Paid in Capital  Accumulated Deficit  Total
Balance, June 30, 2018   17,870,000   $17,870    10,000,000   $10,000   $101,130   $(133,325)  $(4,325)
Net income   —      —      —      —      —      22,607    22,607 
Balance, September 30, 2018   17,870,000   $17,870    10,000,000   $10,000   $101,130   $(110,718)  $18,282 

 

For the Three Months Ended September 30, 2019
   Common Shares  Common Stock 

Preferred

Shares

  Preferred  Paid in Capital  Accumulated Deficit  Total
Balance, June 30, 2019   17,870,000   $17,870    10,000,000   $10,000   $101,130   $(30,582)  $98,418 
Common stock issued for services   130,000    130    —      —      12,870    —      13,000 
Net income   —      —      —      —      —      7,481    7,481 
Balance, September 30, 2019   18,000,000   $18,000    10,000,000   $10,000   $114,000   $(23,101)  $118,899 

 

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

 

 6 

 

 

GENESYS INDUSTRIES, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited)

 
   For the Three Months Ended
September 30,
   2019  2018
Cash flows from operating activities:          
Net Income  $7,481   $22,607 
Adjustments to reconcile net income to net cash used in operating activities:          
Depreciation expense   14,034    9,852 
Stock compensation expense   4,935    —   
Changes in operating assets and liabilities:          
Accounts receivable   (41,867)   8,785 
Inventory   —      (1,359)
Accounts payable and accruals   22,828    (5,293)
Accrued interest, related party   1,287    831 
Net cash provided by operating activities   8,698    35,423 
Cash flows from investing activities:          
Purchase of property and equipment   (121,762)   —   
Net cash used in investing activities   (121,762)   —   
Cash flows from financing activities:          
Repayments to a related party   —      (1,388)
Proceeds from loan payable   70,147    —   
Payments on line of credit   (8,763)   (10,518)
Principal payment on mortgage   (2,487)   (3,134)
Principal payment on loan payable   (2,566)   (1,599)
Net cash provided by (used in) financing activities   56,331    (16,639)
           
Net (decrease) increase in cash   (56,733)   18,784 
           
Cash, beginning of period   170,205    17,866 
Cash, end of period  $113,472   $36,650 
           
Supplemental disclosure of cash flow information:          
Cash paid for interest  $2,166   $2,202 
Cash paid for taxes  $—     $—   

 

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

 

 7 

 

 

GENESYS INDUSTRIES, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

SEPTEMBER 30, 2019

(Unaudited)

 

 

NOTE 1 - NATURE OF OPERATIONS

 

Genesys Industries, Inc. (the “Company”), was incorporated on December 9, 2014 under the laws of the State of Florida. Genesys Industries is a diversified industrial manufacturer and supplier of precision products. The company is an on demand manufacturer and supplier of product. Some of the industries served include Automation, Automotive, Building Materials, Food Processing, Industrial, Medical, Railroad, Oil and Gas, Packaging, Semiconductor, Telecom, Textiles, Pulp Paper, Transportation and many more. We are a vertically integrated precision CNC manufacturing and fabrication company with core emphasis on product design, engineering and precision manufacturing of complex components and products.

 

On February 5, 2018, the Company formed Genesys Industries, LLC as a wholly owned subsidiary in the state of Missouri.

 

The Company’s headquarters are in Palmetto, Florida. The Company has adopted its fiscal year end to be June 30.

 

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

 

Basis of Presentation

The accompanying condensed consolidated financial statements have been prepared by the Company without audit. In the opinion of management, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations, and cash flows at September 30, 2019 and for the related periods presented have been made. The results for the three months ended September 30, 2019 are not necessarily indicative of the results of operations for the full year. These financial statements and related footnotes should be read in conjunction with the consolidated financial statements and footnotes thereto included in the Company’s Annual Report on Form 10-K for the year ended June 30, 2019, filed with the Securities and Exchange Commission

 

Use of estimates

The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.  Significant estimates include the estimated useful lives of property and equipment.  Actual results could differ from those estimates.

 

Principles of Consolidation

The accompanying consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary, Genesys Industries, LLC, and been prepared in conformity with accounting principles generally accepted in the United States of America. All significant intercompany transactions and balances have been eliminated.

 

Reclassifications

Certain reclassifications have been made to the prior period financial information to conform to the presentation used in the financial statements for the three months ended September 30, 2019.

 

Inventories

Inventories are valued at the lower of cost or market. Management compares the cost of inventories with the market value and allowance is made for writing down their inventories to market value, if lower.

 

Property, Plant and Equipment

Property and equipment are carried at the lower of cost or net realizable value. Major betterments that extend the useful lives of assets are also capitalized. Normal maintenance and repairs are charged to expense as incurred. When assets are sold or otherwise disposed of, the cost and accumulated depreciation are removed from the accounts and any resulting gain or loss is recognized in operations.

 

Website development

Website development is carried at cost. Major betterments that would extend the useful life are capitalized. Normal maintenance and repairs are charged to expense as incurred. When assets are sold or otherwise disposed of, the cost and accumulated amortization are removed from the accounts and any resulting gain or loss is recognized in operations. Website development costs are being amortized on a straight-line basis over three years.

 

 8 

 

 

Accounts Receivable

Revenues that have been recognized but not yet received are recorded as accounts receivable. Losses on receivables will be recognized when it is more likely than not that a receivable will not be collected. An allowance for estimated uncollectible amounts will be recognized to reduce the amount of receivables to its net realizable value. The allowance for uncollectible amounts is evaluated quarterly.

 

Revenue Recognition

Revenue is recognized goods are shipped or services performed and is recognized in an amount that reflects the consideration that an entity expects to receive in exchange for those goods or services. In addition, the standard requires disclosure of the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. The amount of revenue that is recorded reflects the consideration that the Company expects to receive in exchange for those goods. The Company applies the following five-step model in order to determine this amount: (i) identification of the promised goods in the contract; (ii) determination of whether the promised goods are performance obligations, including whether they are distinct in the context of the contract; (iii) measurement of the transaction price, including the constraint on variable consideration; (iv) allocation of the transaction price to the performance obligations; and (v) recognition of revenue when (or as) the Company satisfies each performance obligation.

 

The Company only applies the five-step model to contracts when it is probable that the entity will collect the consideration it is entitled to in exchange for the goods or services it transfers to the customer. Once a contract is determined to be within the scope of ASC 606 at contract inception, the Company reviews the contract to determine which performance obligations the Company must deliver and which of these performance obligations are distinct. The company recognizes revenue when all performance obligations are completed, and the risk of loss is transferred to the customer upon shipment.

 

During the three months ended September 30, 2019, the Company recognized $46,144 and $50,924 of sales from its two largest customers, representing 33%, and 37%, respectively, of total sales.

 

During the three months ended September 30, 2018, the Company recognized $103,665 in sales from one customer. This represents 55.9% of total sales.

 

Right of Return

From time to time, the company in the normal course of business encounters product returns.  The company policy is to identify the reason of return and to either replace product, rework product or cancel the order at the request of the customer. As of September 30, 2019 and June 30, 2019, there were no substantial claims for rework or replacement in the normal course of business.

 

Recently issued accounting pronouncements

The Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

 

NOTE 3 - GOING CONCERN

 

The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates continuity of operations, realization of assets, and liquidation of liabilities in the normal course of business.  As reflected in the accompanying consolidated financial statements, the Company has experienced a significant increase in revenue since commencing it operations in 2018. The accumulated deficit has decreased to only $23,101 and we received cash from operations of $8,698. Although the Company’s financial position is steadily improving our operations are still relatively new, circumstances may still occur that would raise substantial doubt about the Company’s ability to continue as a going concern.

 

While the Company is successfully executing its growth strategy, its cash position may not still be sufficient to support the Company’s daily operations without additional financing. While the Company believes in the viability of its strategy to produce sales volume and in its ability to raise additional funds, there can be no assurances to that effect. The ability of the Company to continue as a going concern is dependent upon the Company’s ability to further implement its business plan and generate sufficient revenues. The consolidated financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern. Management believes that the actions presently being taken to further implement its business plan and generate revenues provide the opportunity for the Company to continue as a going concern.

 

 9 

 

 

NOTE 4 – PROPERTY, PLANT & EQUIPMENT

 

Long lived assets, including property and equipment and certain intangible assets to be held and used by the Company are reviewed for impairment whenever events or changes in circumstances indicate that the carrying value of the assets may not be recoverable. Impairment losses are recognized if expected future cash flows of the related assets are less than their carrying values. Measurement of an impairment loss is based on the fair value of the asset. Long-lived assets and certain identifiable intangibles to be disposed of are reported at the lower of carrying amount or fair value less cost to sell.

 

Property and Equipment and intangible assets are first recorded at cost. Depreciation and/or amortization is computed using the straight-line method over the estimated useful lives of the various classes of assets between three and five years. Leasehold improvements are being depreciated over ten years, and the building over twenty years.

 

Maintenance and repair expenses, as incurred, are charged to expense. Betterments and renewals are capitalized in plant and equipment accounts. Cost and accumulated depreciation applicable to items replaced or retired are eliminated from the related accounts with any gain or loss on the disposition included as income.

 

Intangible assets stated at cost, less accumulated amortization consisted of the following:

 

   September 30, 2019 

June 30,

2019

Website development  $1,850   $1,850 
Less: accumulated amortization   (1,850)   (1,850)
Website development, net  $—     $—   

  

Amortization expense

Amortization expense for the three months ended September 30, 2019 and 2018 was $0 and $0, respectively.

 

Property, Plant and equipment stated at cost, less accumulated depreciation consisted of the following:

 

   September 30, 2019 

June 30,

2019

Leasehold Improvements  $72,820   $62,261 
Machinery and Equipment   245,068    136,365 
Furniture   2,500    —   
Real Property & Plant   256,443    256,443 
Less: accumulated depreciation   (66,698)   (52,664)
Fixed assets, net  $510,133   $402,405 

  

Depreciation expense

 

Depreciation expense for the three months ended September 30, 2019 and 2018 was $14,034 and $9,852, respectively.

 

NOTE 5 – LINES OF CREDIT

 

The Company has established a line of credit with a commercial bank in the amount of $50,000. This is a revolving business line of credit (BLOC) and bears a fixed interest rate of 7%. The company has also established a corporate business credit card for use in travel related purposes. That line of credit is established at $20,000. The company has also established a renewable Bank Term Loan Facility in the approximate amount of $200,000 with a fixed interest rate of 5%.

 

Total consolidated revolving credit available under all credit arrangements is approximately $270,000. On March 9, 2018, the Company obtained a $180,000 loan against the bank term loan. The loan has a term of five years and requires interest only payments of $600 until May 26, 2018, thereafter payments of principal and interest of $3,396.82. As of September 30, 2019 and June 30, 2019, the balance on the loan is $134,500 and $143,263, respectively.

 

 10 

 

 

Future minimum payments of principal and interest for the fiscal years ended are as follows:

 

Fiscal Year  Amount
2020   31,553 
2021   42,071 
2022   42,071 
Thereafter   31,150 
Total  $146,845 

 

NOTE 6 – LOAN PAYABLE

 

On February 28, 2018, the Company purchased certain real property and approximately 2 acres of land in Missouri. The total acquisition cost including all closing costs and fees was $256,443. The purchase price was partially financed with a $200,000 loan from the company’s primary bank. The loan has a term of 5-years, at an interest rate of 4.09% and requires monthly payments of interest and principal of $1,494.59 with a final payment of approximately $148,063 due March 1, 2023. As of September 30, 2019, and June 30, 2019, the balance on the loan is $184,168 and $186,655, respectively.

 

Future minimum payments of principal and interest for the fiscal years ended are as follows:

 

Fiscal Year  Amount
2020  $13,451 
2021   17,935 
2022   17,935 
2023   17,935 
Thereafter   140,996 
Total  $208,252 

 

In April 2018 the Company purchased equipment to be used in their operations for a total acquisition price of $32,792. The equipment was purchased with a combination of cash and loan financing. The Company obtained a loan for $27,500 from their primary bank. The loan, dated May 7, 2018, matures on May 7, 2023, bears interest at 6% per annum and requires monthly payments of interest and principal of $532.84. As of September 30, 2019 and June 30, 2019, the balance on the loan is $20,966 and $22,230, respectively.

 

Future minimum payments of principal and interest for the fiscal years ended are as follows:

 

Fiscal Year  Amount
2020  $4,796 
2021   6,394 
2022   6,394 
2023   5,869 
Total  $23,453 

 

In September 2019 the Company purchased equipment to be used in their operations for a total acquisition price of $87,000. The equipment was purchased with a combination of cash and loan financing. The Company obtained a loan for $70,147. The loan, dated August 12, 2019, matures on August 12, 2024, bears interest at 6.6% per annum and requires monthly payments of interest and principal of $1,379.09. As of September 30, 2019 the balance on the loan is $68,845.

 

Future minimum payments of principal and interest for the fiscal years ended are as follows:

 

Fiscal Year  Amount
2020  $12,412 
2021   16,549 
2022   16,549 
2023   16,549 
2024   9,654 
Total  $71,713 

 

 11 

 

 

NOTE 7 - STOCKHOLDERS’ EQUITY

 

Common stock

 

Common stock includes 100,000,000 shares authorized at a par value of $0.001.

 

During the three months ended September 30, 2019, the Company granted 130,000 shares of common stock for servicers to two individuals. The shares were valued at $0.10, for total non-cash expense of $13,000. The expense is being recognized over the term of the agreements. As of September 30, 2019, $4,935 has been expensed and $8,065 has been debited to prepaids.

 

Preferred stock

 

Preferred stock includes 25,000,000 shares of authorized at a par value of $0.001. Preferred stock includes 25,000,000 shares of Class B authorized at a par value of $0.001. The Preferred Stock constitutes a convertible stock in which (1) one Preferred Share is convertible into (5) five Common Shares. The Preferred Stock holders are entitled to vote on any matters on which the common stock holders are entitled to vote.

 

NOTE 8 - RELATED PARTY TRANSACTIONS

 

On November 5, 2017, to fund its working capital requirements the Company obtained a Special Line of Credit (“LOC”) also recognized as a Blanket Secured Promissory Note for the total draw down amount of up to $500,000, from Twiga Capital Partners, LLC (“TCP”), an entity controlled by the Company’s sole officer and largest stockholder, Shefali Vibhakar. This Note is secured by all of the assets of the Company in accordance with the Security Agreement by and between the Company and the Holder dated as of November 5, 2017. The LOC bears interest at 5% per annum and is due on demand. As of September 30, 2019 and June 30, 2019, the Company owed $102,129 and $102,129 of principal and $6,751 and $5,463 of accrued interest on the LOC, respectively.

  

NOTE 9 – COMMITMENTS – RELATED PARTY

 

On November 1, 2017, the Company entered into a lease agreement with TCP to lease certain premises located in Florida to be effective from November 1, 2017 to November 1, 2027. The 8,000 square feet premises was to be used by the Company for plant and offices. Monthly rent of $7,500 was to be paid on the first of each month. No payment was due for the first four months of the lease. A $7,500 deposit was required and was loaned to the Company by TCP. The $7,500 was added to the balance due under the line of credit with TCP but has since been returned. As of June 30, 2018, the Company has incurred $25,000 of rent expense. TCP determined that it is in the best interest of the Company to contribute the $25,000 of rented space to the Company; which has been credited to paid in capital, and to cancel the lease agreement.

 

NOTE 10 - SUBSEQUENT EVENTS

 

In accordance with SFAS 165 (ASC 855-10) management has performed an evaluation of subsequent events through the date that the financial statements were available to be issued and has determined that it does not have any material subsequent events to disclose in these financial statements.

 

 12 

 

 

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

 

The following discussion and analysis should be read in conjunction with our unaudited financial statements, included herewith. This discussion should not be construed to imply that the results discussed herein will necessarily continue into the future, or that any conclusion reached herein will necessarily be indicative of actual operating results in the future. Such discussion represents only the best present assessment of our management.

 

Forward Looking Statements

 

Certain matters discussed herein are forward-looking statements. Such forward-looking statements contained in this Form 10-Q involve risks and uncertainties, including statements as to:

 

·our future operating results;
·our business prospects;
·our contractual arrangements and relationships with third parties;
·the dependence of our future success on the general economy;
·our possible future financings; and
·the adequacy of our cash resources and working capital.

 

These forward-looking statements can generally be identified as such because the context of the statement will include words such as we “believe,” “anticipate,” “expect,” “estimate” or words of similar meaning. Similarly, statements that describe our future plans, objectives or goals are also forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties which are described in close proximity to such statements and which could cause actual results to differ materially from those anticipated. Shareholders, potential investors and other readers are urged to consider these factors in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements included herein are only made as of the date of this Form 10-Q, and we undertake no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.

 

Cautionary Statement:

 

Statements included in this Management’s Discussion and Analysis of Financial Condition and Results of Operations, in future filings by the Company with the Securities and Exchange Commission, in the Company’s press releases and in oral statements made with the approval of an authorized executive officer that are not historical or current facts are “forward-looking statements.” These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and are subject to certain risks and uncertainties that could cause actual results to differ materially from historical earnings and those presently anticipated or projected. These risks and uncertainties are described in the Company’s Annual Report on Form 10-K for the year ended June 30, 2019, as well as other filings the Company makes with the Securities and Exchange Commission. The Company wishes to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made and are not predictions of actual future results. The Company disclaims any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.

 

Plan of Operations

 

Genesys Industries is a diversified multi-industry manufacturer of complex metal components and products. We serve all general industrial markets such as Aerospace, Automotive, Construction, Commercial, Food Processing, Industrial, Maritime, Medical, Railroad, Oil and Gas, Packaging, Telecom, Textiles, Pulp Paper, Transportation and many more. We are a vertically integrated precision cnc manufacturing and fabrication company with core emphasis on product design, engineering and precision manufacturing of complex components and products.

 

Results of Operation for the Three Months Ended September 30, 2019 and 2018

 

Revenues

For the three months ended September 30, 2019, we earned revenue of $140,951 compared to $185,241 for the three months ended September 30, 2018; a decrease of $44,290 or 24%. During the current period we ceased doing business with one of our former primary customers due to them becoming a credit risk.

 

 13 

 

 

Cost of Revenue

For the three months ended September 30, 2019, cost of revenue was $93,478, compared to $119,377 for the three months ended September 30, 2018; a decrease of $25,899 or 22%. Cost of revenue in the current period consists of $29,297 of direct materials, $42,001 of direct labor and $22,180 of manufacturing overhead. Cost of sales in the prior year consists of $49,174 of direct materials, $60,236 of direct labor and $9,962 of manufacturing overhead.

 

Professional fees

Professional fees were $5,005 for the three months ended September 30, 2019 compared to $3,500 for the three months ended September 30, 2018; an increase of $1,505 or 43%. Professional fees consist of accounting, audit and legal fees. The increase in fees in the current year is due to an increase in audit fees.

 

Payroll expense

Payroll expense was $6,789 for the three months ended September 30, 2019 compared to $7,628 for the three months ended September 30, 2018, a decrease of $839 or 11%.

 

General & administrative expenses

General & administrative expenses (“G&A”) were $18,452 for the three months ended September 30, 2019, compared to $23,085 for the three months ended September 30, 2018; a decrease of $4,633 or 20%. Travel and insurance expense both decreased in the current period contributing to the decrease in G&A expense.

  

Other expense

Interest expense for the three months ended September 30, 2019 was $6,944 compared to $3,034 for the three months ended September 30, 2018. Interest expense has increased due to the addition of our related party loan, line of credit, mortgage and equipment loans.

 

Net Loss

Net income for the three months ended September 30, 2019 was $7,481, after a $2,802 provision for income taxes, compared to $22,607, after a $6,010 provision for income taxes, for the three months ended September 30, 2018. The decrease net income is due to the lower gross margin in the current period.

 

Liquidity and Capital Resources

 

As reflected in the accompanying financial statements, the Company has an accumulated deficit of only $23,101 at September 30, 2019, had net income of $7,481, after a $2,802 provision for income taxes, and had net cash provided by operating activities of $8,698 for the three months ended September 30, 2019. 

 

Net cash used in investing activities for the three months ended September 30, 2019 and 2018 was $121,762 and $0, respectively, for the purchase of property and equipment.

 

Net cash received from financing activities for the three months ended September 30, 2019 was $56,331 compared to $16,639 used by financing activities in the prior year.

 

The Company has established a line of credit with a commercial bank in the amount of $50,000. This is a revolving business line of credit (BLOC) and bears a fixed interest rate of 7%. The company has also established a corporate business credit card for use in travel related purposes. That line of credit is established at $32,000. The company has also established a renewable Bank Term Loan Facility in the approximate amount of $200,000 with a fixed interest rate of 5%.

 

Total consolidated revolving credit available under all credit arrangements is approximately $270,000. On March 9, 2018, the Company obtained a $180,000 loan against the bank term loan. The loan has a term of five years and requires interest only payments of $600 until May 26, 2018, thereafter payments of principal and interest of $3,396.82. As of September 30, 2019 the balance on the loan is $134,500.

 

On February 28, 2018, the Company purchased certain real property and approximately 2 acres of land in Missouri. The total acquisition cost including all closing costs and fees was $256,443. The purchase price was partially financed with a $200,000 loan from the company’s primary bank. The loan has a term of 5-years, at an interest rate of 4.09% and requires monthly payments of interest and principal of $1,494.59 with a final payment of approximately $148,063 due March 1, 2023. As of September 30, 2019 the balance on the loan is $184,168.

 

In April 2018 the Company purchased equipment to be used in their operations for a total acquisition price of $51,792. The equipment was purchased with a combination of cash, $19,000 of equipment traded in and loan financing. The Company obtained a loan for $27,500 from their primary bank. The loan, dated May 7, 2018, matures on May 7, 2023, bears interest at 6% per annum and requires monthly payments of interest and principal of $532.84. As of September 30, 2019, the balance on the loan is $20,966.

 

 14 

 

 

In September 2019 the Company purchased equipment to be used in their operations for a total acquisition price of $87,000. The equipment was purchased with a combination of cash and loan financing. The Company obtained a loan for $70,147. The loan, dated August 12, 2019, matures on August 12, 2024, bears interest at 6.6% per annum and requires monthly payments of interest and principal of $1,379.09. As of September 30, 2019 the balance on the loan is $68,845.

 

On November 5, 2017, to fund its working capital requirements the Company obtained a Special Line of Credit (“LOC”) also recognized as a Blanket Secured Promissory Note for the total draw down amount of up to $500,000, from Twiga Capital Partners, LLC (“TCP”), an entity controlled by the Company’s sole officer and largest stockholder, Shefali Vibhakar. This Note is secured by all of the assets of the Company in accordance with the Security Agreement by and between the Company and the Holder dated as of November 5, 2017. The LOC bears interest at 5% per annum and is due on demand. As of September 30, 2019, the Company owed $102,129 of principal and $6,751 of accrued interest on the LOC.

 

We believe that our principal difficulty in our inability to successfully implement our plan in full force and attain profits has been the lack of available capital to operate and expand our business. We believe that because some of our shareholders can’t deposit their shares and clear shares with certain broker dealers and clearing firms due to extreme FINRA and SEC regulatory burden, it has caused us to not be able to raise capital since we do not have a liquid trading market for our common stock.  As of the date of this filing we have no other commitment from any investor or investment-banking firm to provide us with the necessary funding and there can be no assurances we will obtain such funding in the future.  Failure to obtain this additional financing will have a material negative impact on our ability to generate profits in the future. To such end, our auditor has indicated in its report on our financial statements for the year ended June 30, 2019.

 

Critical Accounting Estimates and Policies

 

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities of the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.  Note 1 to the Financial Statements describes the significant accounting policies and methods used in the preparation of the Financial Statements. Estimates are used for, but not limited to, contingencies and taxes.  Actual results could differ materially from those estimates. The following critical accounting policies are impacted significantly by judgments, assumptions, and estimates used in the preparation of the Financial Statements.

 

We are subject to various loss contingencies arising in the ordinary course of business.  We consider the likelihood of loss or impairment of an asset or the incurrence of a liability, as well as our ability to reasonably estimate the amount of loss in determining loss contingencies.  An estimated loss contingency is accrued when management concludes that it is probable that an asset has been impaired or a liability has been incurred and the amount of the loss can be reasonably estimated.  We regularly evaluate current information available to us to determine whether such accruals should be adjusted.

 

We recognize deferred tax assets (future tax benefits) and liabilities for the expected future tax consequences of temporary differences between the book carrying amounts and the tax basis of assets and liabilities.  The deferred tax assets and liabilities represent the expected future tax return consequences of those differences, which are expected to be either deductible or taxable when the assets and liabilities are recovered or settled.  Future tax benefits have been fully offset by a 100% valuation allowance as management is unable to determine that it is more likely than not that this deferred tax asset will be realized.

 

Off-Balance Sheet Arrangements 

 

We have not entered into any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources and would be considered material to investors.

 

Recent Accounting Pronouncements

 

The Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on our financial position or results of operations.

 

 15 

 

 

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

 

Not applicable to smaller reporting companies.

 

ITEM 4. CONTROLS AND PROCEDURES

 

Evaluation of Disclosure Controls and Procedures

We maintain disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) that are designed to be effective in providing reasonable assurance that information required to be disclosed in our reports under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the rules and forms of the Securities and Exchange Commission (the “SEC”), and that such information is accumulated and communicated to our management to allow timely decisions regarding required disclosure. Our Chief Executive Officer and Chief Financial Officer evaluated the effectiveness of our disclosure controls and procedures as of the end of the period covered by this report. Based on that evaluation, they concluded that our disclosure controls and procedures were effective for the quarterly period ended September 30, 2019.

 

In designing and evaluating disclosure controls and procedures, management recognizes that any controls and procedures, no matter how well designed and operated, can provide only reasonable, not absolute assurance of achieving the desired objectives. Also, the design of a control system must reflect the fact that there are resource constraints and the benefits of controls must be considered relative to their costs.

 

Changes in Internal Controls

 

Based on that evaluation, our Chief Executive Officer and our Chief Financial Officer concluded that no change occurred in the Company's internal controls over financial reporting during the quarter ended September 30, 2019 that has materially affected, or is reasonably likely to materially affect, the Company's internal controls over financial reporting.

  

PART II - OTHER INFORMATION

 

ITEM 1. LEGAL PROCEEDINGS

 

There are not presently any material pending legal proceedings to which the Company is a party or as to which any of our property is subject, and no such proceedings are known to the Company to be threatened or contemplated against it.

 

ITEM 1A. RISK FACTORS

 

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

 

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

 

None.

 

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

 

None.

ITEM 4. MINING SAFETY DISCLOSURES

 

Not applicable.

ITEM 5. OTHER INFORMATION.

 

None.

 

 16 

 

 

ITEM 6. EXHIBITS

 

Part I Exhibits

 

No. Description
31.1 Certification of Chief Executive Officer and Chief Financial Officer pursuant to Securities Exchange Act of 1934 Rule 13a-14(a) or 15d-14(a).
32.1 Certifications pursuant to Securities Exchange Act of 1934 Rule 13a-14(b) or 15d-14(b) and 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes- Oxley Act of 2002.

 

Part II Exhibits

 

No. Description
101.INS XBRL Instance Document
101.SCH XBRL Taxonomy Extension Schema Document
101.CAL XBRL Taxonomy Calculation Linkbase Document
101.DEF XBRL Taxonomy Extension Definition Linkbase Document
101.LAB XBRL Taxonomy Label Linkbase Document
101.PRE XBRL Taxonomy Presentation Linkbase Document

 

 17 

 

 

SIGNATURES

 

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

 

    Genesys Industries, Inc.
     
Date: November 14, 2019 By:   /s/ Shefali Vibhakar
  Name:  Ms. Shefali Vibhakar
  Title:  Chief Financial Officer, President and Treasurer
    (Principal Executive, Financial and Accounting Officer)

 

 18 

 

 EX-31.1 2 ex31_1.htm EXHIBIT 31.1

Exhibit 31.1

 

Certification pursuant to Securities Exchange Act of 1934 Rule 13a-14(a) or 15d-14(a)

 

I, Shefali Vibhakar, Chief Executive Officer and Chief Financial Officer of Genesys Industries, Inc. certify that:

 

1. I have reviewed this Quarterly Report on Form 10-Q of Genesys Industries, Inc.;

 

2. Based on my knowledge, this report does not contain any untrue statement of 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 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 report;

 

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

 

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

 

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

 

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

 

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

 

5.   The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

 

     a) all significant  deficiencies and material weaknesses in the design or operation  of internal  control  over  financial  reporting  which are reasonably  likely to  adversely  affect the  registrant's  ability to record, process summarize and report financial information; and

 

     b) any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

 

Dated:  November 14, 2019

/s/ Shefali Vibhakar

  Chief Executive Officer
  Chief Financial Officer

 EX-32.1 3 ex32_1.htm EXHIBIT 32.1

Exhibit 32.1

 

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

 

 

Pursuant to section 906 of the Sarbanes-Oxley Act of 2002 (subsections (a) and (b) of Section 1350, Chapter 63 of Title 18, United States Code), the undersigned officer of Genesys Industries, Inc., a Florida corporation (the "Company"), does hereby certify, to the best of their knowledge, that:

 

1. The Quarterly Report on Form 10-Q for the period ending September 30, 2019 (the "Report") of the Company complies in all material respects with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

 

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

 

 

Dated:  November 14, 2019

/s/ Shefali Vibhakar

  Chief Executive Officer
  Chief Financial Officer

 

 

 

 

 EX-101.INS 4 gein-20190930.xml XBRL INSTANCE FILE 0001683131 2019-09-30 0001683131 us-gaap:SeriesBPreferredStockMember 2019-06-30 0001683131 us-gaap:SeriesBPreferredStockMember 2019-09-30 0001683131 2018-07-01 2018-09-30 0001683131 2019-07-01 2019-09-30 0001683131 2019-06-30 0001683131 2019-11-05 0001683131 us-gaap:LineOfCreditMember 2019-03-02 2020-02-28 0001683131 us-gaap:LineOfCreditMember 2020-03-02 2021-02-28 0001683131 us-gaap:LineOfCreditMember 2021-03-02 2022-02-28 0001683131 us-gaap:LineOfCreditMember 2018-08-01 2023-02-28 0001683131 us-gaap:LineOfCreditMember 2018-03-10 2023-02-28 0001683131 gein:CommercialBankMember 2019-09-30 0001683131 us-gaap:CreditCardMember 2019-09-30 0001683131 gein:BankTermLoanFacilityMember 2019-09-30 0001683131 gein:BankTermLoanFacilityMember 2018-03-09 0001683131 gein:BankTermLoanFacilityMember 2018-03-10 2018-05-26 0001683131 gein:BankTermLoanFacilityMember 2018-06-27 2023-03-09 0001683131 us-gaap:EquipmentMember 2019-07-01 2019-09-30 0001683131 gein:RealPropertyMember 2018-03-01 2023-02-28 0001683131 gein:RealPropertyMember 2019-10-01 2020-06-30 0001683131 gein:RealPropertyMember 2020-07-01 2021-06-30 0001683131 gein:RealPropertyMember 2021-07-01 2022-06-30 0001683131 gein:RealPropertyMember 2023-03-01 2023-09-30 0001683131 us-gaap:EquipmentMember 2019-10-01 2020-05-07 0001683131 us-gaap:EquipmentMember 2020-07-01 2021-06-30 0001683131 us-gaap:EquipmentMember 2021-07-01 2022-06-30 0001683131 us-gaap:EquipmentMember 2022-07-01 2023-05-07 0001683131 gein:RealPropertyMember 2018-09-30 0001683131 us-gaap:EquipmentMember 2018-09-30 0001683131 gein:RealPropertyMember 2019-09-30 0001683131 us-gaap:EquipmentMember 2019-09-30 0001683131 gein:RealPropertyMember 2019-07-01 2019-09-30 0001683131 us-gaap:EquipmentMember 2018-04-30 2023-05-07 0001683131 gein:TCPMember 2019-06-30 0001683131 gein:TCPMember 2018-07-01 2019-06-30 0001683131 gein:Customer1Member 2019-07-01 2019-09-30 0001683131 gein:Customer2Member 2019-07-01 2019-09-30 0001683131 us-gaap:CommonStockMember 2019-06-30 0001683131 us-gaap:CommonStockMember 2018-06-30 0001683131 us-gaap:PreferredStockMember 2019-06-30 0001683131 us-gaap:PreferredStockMember 2018-06-30 0001683131 us-gaap:AdditionalPaidInCapitalMember 2019-06-30 0001683131 us-gaap:AdditionalPaidInCapitalMember 2018-06-30 0001683131 us-gaap:RetainedEarningsMember 2019-06-30 0001683131 us-gaap:RetainedEarningsMember 2018-06-30 0001683131 gein:Customer1Member 2018-07-01 2018-09-30 0001683131 gein:WebsiteDevelopmentMember 2019-09-30 0001683131 gein:WebsiteDevelopmentMember 2018-06-30 0001683131 gein:RealPropertyMember 2022-07-01 2023-06-30 0001683131 us-gaap:CommonStockMember 2018-07-01 2018-09-30 0001683131 us-gaap:CommonStockMember 2019-07-01 2019-09-30 0001683131 us-gaap:CommonStockMember 2018-09-30 0001683131 us-gaap:CommonStockMember 2019-09-30 0001683131 us-gaap:PreferredStockMember 2018-07-01 2018-09-30 0001683131 us-gaap:PreferredStockMember 2019-07-01 2019-09-30 0001683131 us-gaap:PreferredStockMember 2018-09-30 0001683131 us-gaap:PreferredStockMember 2019-09-30 0001683131 us-gaap:AdditionalPaidInCapitalMember 2018-07-01 2018-09-30 0001683131 us-gaap:AdditionalPaidInCapitalMember 2019-07-01 2019-09-30 0001683131 us-gaap:AdditionalPaidInCapitalMember 2018-09-30 0001683131 us-gaap:AdditionalPaidInCapitalMember 2019-09-30 0001683131 us-gaap:RetainedEarningsMember 2018-07-01 2018-09-30 0001683131 us-gaap:RetainedEarningsMember 2019-07-01 2019-09-30 0001683131 us-gaap:RetainedEarningsMember 2018-09-30 0001683131 us-gaap:RetainedEarningsMember 2019-09-30 0001683131 2018-06-30 0001683131 2018-09-30 0001683131 gein:Equipment2Member 2019-07-01 2019-09-30 0001683131 gein:Equipment2Member 2019-08-12 2020-06-30 0001683131 gein:Equipment2Member 2020-07-01 2021-06-30 0001683131 gein:Equipment2Member 2021-07-01 2022-06-30 0001683131 gein:Equipment2Member 2022-07-01 2023-06-30 0001683131 gein:Equipment2Member 2023-07-01 2024-06-30 0001683131 gein:Equipment2Member 2019-08-12 2024-08-24 0001683131 gein:Equipment2Member 2019-09-30 iso4217:USD xbrli:shares iso4217:USD xbrli:shares xbrli:pure 113472 170205 216215 223016 43867 25137 102129 102129 266736 241255 607449 527003 10000 10000 18000 17870 114000 101130 -23101 -30582 118899 98418 17870 17870 10000 10000 101130 101130 -30582 -133325 17870 18000 10000 10000 101130 114000 -110718 -23101 -4325 18282 726348 625421 100000000 100000000 18000000 17870000 18000000 17870000 .001 0.001 25000000 25000000 25000000 10000000 10000000 10000000 10000000 0.001 0.001 0.001 185241 140951 119377 93478 65864 47473 23085 18452 34213 30246 28617 10283 -6010 -2802 22607 7481 22607 7481 9852 14034 -5293 22828 35423 8698 18784 -56733 113472 170205 17866 36650 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>NOTE 1 - NATURE OF OPERATIONS</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Genesys Industries, Inc.&#160;(the &#8220;Company&#8221;), was incorporated on December 9, 2014 under the laws of the State of Florida. Genesys Industries is a diversified industrial manufacturer and supplier of precision products. The company is an on demand manufacturer and supplier of product. Some of the industries served include Automation, Automotive, Building Materials, Food Processing, Industrial, Medical, Railroad, Oil and Gas, Packaging, Semiconductor, Telecom, Textiles, Pulp Paper, Transportation and many more. We are a vertically integrated precision CNC manufacturing and fabrication company with core emphasis on product design, engineering and precision manufacturing of complex components and products.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On February 5, 2018, the Company formed Genesys Industries, LLC as a wholly owned subsidiary in the state of Missouri.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">The Company&#8217;s headquarters are in Palmetto, Florida. The Company has adopted its fiscal year end to be June 30.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>&#160;</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i><u>Basis of Presentation</u></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The accompanying condensed consolidated financial statements have been prepared by the Company without audit. In the opinion of management, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations, and cash flows at September 30, 2019 and for the related periods presented have been made. The results for the three months ended September 30, 2019 are not necessarily indicative of the results of operations for the full year. These financial statements and related footnotes should be read in conjunction with the consolidated financial statements and footnotes thereto included in the Company&#8217;s Annual Report on Form 10-K for the year ended June 30, 2019, filed with the Securities and Exchange Commission</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0"><i><u>Use of estimates</u></i></p> <p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. &#160;Significant estimates include the estimated useful lives of property and equipment. &#160;Actual results could differ from those estimates.</p> <p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><i><u>Principles of Consolidation</u></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The accompanying consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary, Genesys Industries, LLC, and been prepared in conformity with accounting principles generally accepted in the United States of America. All significant intercompany transactions and balances have been eliminated.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><i><u>Reclassifications</u></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">Certain reclassifications have been made to the prior period financial information to conform to the presentation used in the financial statements for the three months ended September 30, 2019.</p> <p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0"><i><u>Inventories </u></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">Inventories are valued at the lower of cost or market. Management compares the cost of inventories with the market value and allowance is made for writing down their inventories to market value, if lower.</p> <p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i><u>Property, Plant and Equipment</u></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Property and equipment are carried at the lower of cost or net realizable value. Major betterments that extend the useful lives of assets are also capitalized. Normal maintenance and repairs are charged to expense as incurred. When assets are sold or otherwise disposed of, the cost and accumulated depreciation are removed from the accounts and any resulting gain or loss is recognized in operations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i><u>Website development</u></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Website development is carried at cost. Major betterments that would extend the useful life are capitalized. Normal maintenance and repairs are charged to expense as incurred. When assets are sold or otherwise disposed of, the cost and accumulated amortization are removed from the accounts and any resulting gain or loss is recognized in operations. Website development costs are being amortized on a straight-line basis over three years.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i><u>Accounts Receivable</u></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Revenues that have been recognized but not yet received are recorded as accounts receivable. Losses on receivables will be recognized when it is more likely than not that a receivable will not be collected. An allowance for estimated uncollectible amounts will be recognized to reduce the amount of receivables to its net realizable value. The allowance for uncollectible amounts is evaluated quarterly.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><i><u>Revenue Recognition</u></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Revenue is recognized goods are shipped or services performed and is recognized in an amount that reflects the consideration that an entity expects to receive in exchange for those goods or services. In addition, the standard requires disclosure of the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. The amount of revenue that is recorded reflects the consideration that the Company expects to receive in exchange for those goods. The Company applies the following five-step model in order to determine this amount: (i)&#160;identification of the promised goods in the contract; (ii) determination of whether the promised goods are performance obligations, including whether they are distinct in the context of the contract; (iii) measurement of the transaction price, including the constraint on variable consideration; (iv) allocation of the transaction price to the performance obligations; and (v) recognition of revenue when (or as) the Company satisfies each performance obligation.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The&#160;Company&#160;only&#160;applies&#160;the&#160;five-step&#160;model&#160;to&#160;contracts when it is probable that the entity will collect the consideration it is entitled to in exchange for the goods or services it transfers to the customer. Once a contract is determined to be within the scope of ASC 606 at contract inception, the Company reviews the contract to determine which performance obligations the Company must deliver and which of these performance obligations are distinct. <font style="background-color: white">The company recognizes revenue when all performance obligations are completed, and the risk of loss is transferred to the customer upon shipment.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="background-color: white">During the three months ended </font>September 30<font style="background-color: white">, 2019, the Company recognized $46,144 and $50,924 of sales from its two largest customers, representing 33%, and 37%, respectively, of total sales.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="background-color: white">During the three months ended September 30, 2018, the Company recognized $103,665 in sales from one customer. This represents 55.9% of total sales.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><i><u>Right of Return</u></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">From time to time, the company in the normal course of business encounters product returns.&#160; The company policy is to identify the reason of return and to either replace product, rework product or cancel the order at the request of the customer. As of September 30, 2019 and June 30, 2019, there were no substantial claims for rework or replacement in the normal course of business.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i><u>Recently issued accounting pronouncements</u></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i><u>Basis of Presentation</u></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The accompanying condensed consolidated financial statements have been prepared by the Company without audit. In the opinion of management, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations, and cash flows at September 30, 2019 and for the related periods presented have been made. The results for the three months ended September 30, 2019 are not necessarily indicative of the results of operations for the full year. These financial statements and related footnotes should be read in conjunction with the consolidated financial statements and footnotes thereto included in the Company&#8217;s Annual Report on Form 10-K for the year ended June 30, 2019, filed with the Securities and Exchange Commission.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>NOTE 3 - GOING CONCERN</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates continuity of operations, realization of assets, and liquidation of liabilities in the normal course of business.&#160;&#160;As reflected in the accompanying consolidated financial statements, the Company has experienced a significant increase in revenue since commencing it operations in 2018. The accumulated deficit has decreased to only $23,101 and we received cash from operations of $8,698. Although the Company&#8217;s financial position is steadily improving our operations are still relatively new, circumstances may still occur that would raise substantial doubt about the Company&#8217;s ability to continue as a going concern.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">While the Company is successfully executing its growth strategy, its cash position may not still be sufficient to support the Company&#8217;s daily operations without additional financing. While the Company believes in the viability of its strategy to produce sales volume and in its ability to raise additional funds, there can be no assurances to that effect. The ability of the Company to continue as a going concern is dependent upon the Company&#8217;s ability to further implement its business plan and generate sufficient revenues. The consolidated financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern. Management believes that the actions presently being taken to further implement its business plan and generate revenues provide the opportunity for the Company to continue as a going concern.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>NOTE 4 &#8211; PROPERTY, PLANT &#38; EQUIPMENT</b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Long lived assets, including property and equipment and certain intangible assets to be held and used by the Company are reviewed for impairment whenever events or changes in circumstances indicate that the carrying value of the assets may not be recoverable. Impairment losses are recognized if expected future cash flows of the related assets are less than their carrying values. Measurement of an impairment loss is based on the fair value of the asset. Long-lived assets and certain identifiable intangibles to be disposed of are reported at the lower of carrying amount or fair value less cost to sell.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Property and Equipment and intangible assets are first recorded at cost. Depreciation and/or amortization is computed using the straight-line method over the estimated useful lives of the various classes of assets between three and five years. Leasehold improvements are being depreciated over ten years, and the building over twenty years.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Maintenance and repair expenses, as incurred, are charged to expense. Betterments and renewals are capitalized in plant and equipment accounts. Cost and accumulated depreciation applicable to items replaced or retired are eliminated from the related accounts with any gain or loss on the disposition included as income.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Intangible assets stated at cost, less accumulated amortization consisted of the following:</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"></font></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td>&#160;</td><td style="padding-bottom: 1pt">&#160;</td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">September 30, 2019</td><td style="padding-bottom: 1pt">&#160;</td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid"><p style="margin-top: 0; margin-bottom: 0">June 30,</p> <p style="margin-top: 0; margin-bottom: 0">2019</p></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 56%; text-align: left; text-indent: -17.6pt; padding-left: 17.6pt">Website development</td><td style="width: 8%">&#160;</td> <td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">1,850</td><td style="width: 1%; text-align: left">&#160;</td><td style="width: 8%">&#160;</td> <td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">1,850</td><td style="width: 1%; text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt; text-indent: -17.6pt; padding-left: 17.6pt">Less: accumulated amortization</td><td style="padding-bottom: 1pt">&#160;</td> <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(1,850</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&#160;</td> <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(1,850</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="text-align: left; padding-bottom: 2.5pt; text-indent: -17.6pt; padding-left: 17.6pt">Website development, net</td><td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">&#8212;&#160;&#160;</td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">&#8212;&#160;&#160;</td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font>&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><i><u>Amortization expense</u></i></font></p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Amortization expense for the three months ended September 30, 2019 and 2018 was $0 and $0, respectively.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.25pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Property, Plant and equipment stated at cost, less accumulated depreciation consisted of the following:</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"></font></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td>&#160;</td><td style="padding-bottom: 1pt">&#160;</td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">September 30, 2019</td><td style="padding-bottom: 1pt">&#160;</td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid"><p style="margin-top: 0; margin-bottom: 0">June 30,</p> <p style="margin-top: 0; margin-bottom: 0">2019</p></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 56%; text-align: left; text-indent: -17.6pt; padding-left: 17.6pt">Leasehold Improvements</td><td style="width: 8%">&#160;</td> <td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">72,820</td><td style="width: 1%; text-align: left">&#160;</td><td style="width: 8%">&#160;</td> <td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">62,261</td><td style="width: 1%; text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -17.6pt; padding-left: 17.6pt">Machinery and Equipment</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">245,068</td><td style="text-align: left">&#160;</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">136,365</td><td style="text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="text-indent: -17.6pt; padding-left: 17.6pt">Furniture</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">2,500</td><td style="text-align: left">&#160;</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">&#8212;&#160;&#160;</td><td style="text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -17.6pt; padding-left: 17.6pt">Real Property &#38; Plant</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">256,443</td><td style="text-align: left">&#160;</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">256,443</td><td style="text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="text-align: left; padding-bottom: 1pt; text-indent: -17.6pt; padding-left: 17.6pt">Less: accumulated depreciation</td><td style="padding-bottom: 1pt">&#160;</td> <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(66,698</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&#160;</td> <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(52,664</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Fixed assets, net</td><td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">510,133</td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">402,405</td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font><i>&#160;</i></p> <p style="margin: 0pt"></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td>&#160;</td><td style="padding-bottom: 1pt">&#160;</td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">September 30, 2019</td><td style="padding-bottom: 1pt">&#160;</td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid"><p style="margin-top: 0; margin-bottom: 0">June 30,</p> <p style="margin-top: 0; margin-bottom: 0">2019</p></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 56%; text-align: left; text-indent: -17.6pt; padding-left: 17.6pt">Leasehold Improvements</td><td style="width: 8%">&#160;</td> <td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">72,820</td><td style="width: 1%; text-align: left">&#160;</td><td style="width: 8%">&#160;</td> <td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">62,261</td><td style="width: 1%; text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -17.6pt; padding-left: 17.6pt">Machinery and Equipment</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">245,068</td><td style="text-align: left">&#160;</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">136,365</td><td style="text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="text-indent: -17.6pt; padding-left: 17.6pt">Furniture</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">2,500</td><td style="text-align: left">&#160;</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">&#8212;&#160;&#160;</td><td style="text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; text-indent: -17.6pt; padding-left: 17.6pt">Real Property &#38; Plant</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">256,443</td><td style="text-align: left">&#160;</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">256,443</td><td style="text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="text-align: left; padding-bottom: 1pt; text-indent: -17.6pt; padding-left: 17.6pt">Less: accumulated depreciation</td><td style="padding-bottom: 1pt">&#160;</td> <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(66,698</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&#160;</td> <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(52,664</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Fixed assets, net</td><td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">510,133</td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">402,405</td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td></tr> </table> <p style="margin: 0pt"></p> 66698 52664 236171 239377 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>NOTE 7 - STOCKHOLDERS&#8217; EQUITY</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i><u>Common stock</u></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">Common stock includes 100,000,000 shares authorized at a par value of $0.001.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">During the three months ended September 30, 2019, the Company granted 130,000 shares of common stock for servicers to two individuals. The shares were valued at $0.10, for total non-cash expense of $13,000. The expense is being recognized over the term of the agreements. As of September 30, 2019, $4,935 has been expensed and $8,065 has been debited to prepaids.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i><u>Preferred stock</u></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Preferred stock includes 25,000,000 shares of authorized at a par value of $0.001. Preferred stock includes 25,000,000 shares of Class B authorized at a par value of $0.001. The Preferred Stock constitutes a convertible stock in which (1) one Preferred Share is convertible into (5) five Common Shares. The Preferred Stock holders are entitled to vote on any matters on which the common stock holders are entitled to vote.</p> 31598 24329 102129 31651 17227 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>NOTE 5 &#8211; LINES OF CREDIT</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company has established a line of credit with a commercial bank in the amount of $50,000. This is a revolving business line of credit (BLOC) and bears a fixed interest rate of 7%. The company has also established a corporate business credit card for use in travel related purposes. That line of credit is established at $20,000. The company has also established a renewable Bank Term Loan Facility in the approximate amount of $200,000 with a fixed interest rate of 5%.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Total consolidated revolving credit available under all credit arrangements is approximately $270,000. On March 9, 2018, the Company obtained a $180,000 loan against the bank term loan. The loan has a term of five years and requires interest only payments of $600 until May 26, 2018, thereafter payments of principal and interest of $3,396.82. As of September 30, 2019 and June 30, 2019, the balance on the loan is $134,500 and $143,263, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Future minimum payments of principal and interest for the fiscal years ended are as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td><font style="font-size: 10pt">Fiscal Year</font></td> <td>&#160;</td> <td colspan="3" style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">Amount</font></td></tr> <tr style="background-color: silver"> <td style="vertical-align: top; width: 45%"><font style="font-size: 10pt">2020</font></td> <td style="vertical-align: bottom; width: 10%">&#160;</td> <td style="vertical-align: bottom; width: 1%">&#160;</td> <td style="vertical-align: bottom; width: 43%; text-align: right"><font style="font-size: 10pt">31,553</font></td> <td style="vertical-align: bottom; width: 1%">&#160;</td></tr> <tr style="background-color: white"> <td style="vertical-align: top"><font style="font-size: 10pt">2021</font></td> <td style="vertical-align: bottom">&#160;</td> <td style="vertical-align: bottom">&#160;</td> <td style="vertical-align: bottom; text-align: right"><font style="font-size: 10pt">42,071</font></td> <td style="vertical-align: bottom">&#160;</td></tr> <tr style="background-color: silver"> <td style="vertical-align: top"><font style="font-size: 10pt">2022</font></td> <td style="vertical-align: bottom">&#160;</td> <td style="vertical-align: bottom">&#160;</td> <td style="vertical-align: bottom; text-align: right"><font style="font-size: 10pt">42,071</font></td> <td style="vertical-align: bottom">&#160;</td></tr> <tr style="background-color: white"> <td style="vertical-align: top"><font style="font-size: 10pt">Thereafter</font></td> <td style="vertical-align: bottom; padding-bottom: 1pt">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">31,150</font></td> <td style="vertical-align: bottom; padding-bottom: 1pt">&#160;</td></tr> <tr style="background-color: silver"> <td style="vertical-align: top"><font style="font-size: 10pt">Total</font></td> <td style="vertical-align: bottom; padding-bottom: 2.5pt">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">146,845</font></td> <td style="vertical-align: bottom; padding-bottom: 2.5pt">&#160;</td></tr> </table> 0.07 0.05 3500 5005 94678 52811 8785 -41867 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>NOTE 8 - RELATED PARTY TRANSACTIONS </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On November&#160;5, 2017, to fund its working capital requirements the Company obtained a Special Line of Credit (&#8220;LOC&#8221;) also recognized as a Blanket Secured Promissory Note for the total draw down amount of up to $500,000, from Twiga Capital Partners, LLC (&#8220;TCP&#8221;), an entity controlled by the Company&#8217;s sole officer and largest stockholder, Shefali Vibhakar. This Note is secured by all of the assets of the Company in accordance with the Security Agreement by and between the Company and the Holder dated as of November 5, 2017. The LOC bears interest at 5% per annum and is due on demand. As of September 30, 2019 and June 30, 2019, the Company owed $102,129 and $102,129 of principal and $6,751 and $5,463 of accrued interest on the LOC, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>NOTE 10 - SUBSEQUENT EVENTS</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In accordance with SFAS 165 (ASC 855-10) management has performed an evaluation of subsequent events through the date that the financial statements were available to be issued and has determined that it does not have any material subsequent events to disclose in these financial statements.</p> 273962 163028 726348 625421 6751 5463 4937 3642 41286 38484 7628 6789 3034 6944 3034 6944 0 0 -1359 831 1287 -121762 72820 62261 245068 136365 256443 256443 <p style="margin: 0pt"></p> <table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td><font style="font-size: 10pt">Fiscal Year</font></td> <td>&#160;</td> <td colspan="3" style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">Amount</font></td></tr> <tr style="background-color: silver"> <td style="vertical-align: top; width: 45%"><font style="font-size: 10pt">2020</font></td> <td style="vertical-align: bottom; width: 10%">&#160;</td> <td style="vertical-align: bottom; width: 1%">&#160;</td> <td style="vertical-align: bottom; width: 43%; text-align: right"><font style="font-size: 10pt">31,553</font></td> <td style="vertical-align: bottom; width: 1%">&#160;</td></tr> <tr style="background-color: white"> <td style="vertical-align: top"><font style="font-size: 10pt">2021</font></td> <td style="vertical-align: bottom">&#160;</td> <td style="vertical-align: bottom">&#160;</td> <td style="vertical-align: bottom; text-align: right"><font style="font-size: 10pt">42,071</font></td> <td style="vertical-align: bottom">&#160;</td></tr> <tr style="background-color: silver"> <td style="vertical-align: top"><font style="font-size: 10pt">2022</font></td> <td style="vertical-align: bottom">&#160;</td> <td style="vertical-align: bottom">&#160;</td> <td style="vertical-align: bottom; text-align: right"><font style="font-size: 10pt">42,071</font></td> <td style="vertical-align: bottom">&#160;</td></tr> <tr style="background-color: white"> <td style="vertical-align: top"><font style="font-size: 10pt">Thereafter</font></td> <td style="vertical-align: bottom; padding-bottom: 1pt">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">31,150</font></td> <td style="vertical-align: bottom; padding-bottom: 1pt">&#160;</td></tr> <tr style="background-color: silver"> <td style="vertical-align: top"><font style="font-size: 10pt">Total</font></td> <td style="vertical-align: bottom; padding-bottom: 2.5pt">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">146,845</font></td> <td style="vertical-align: bottom; padding-bottom: 2.5pt">&#160;</td></tr> </table> <p style="margin: 0pt"></p> <p style="margin: 0pt"></p> <table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr> <td style="vertical-align: top"><font style="font-size: 10pt">Fiscal Year</font></td> <td style="vertical-align: bottom; padding-bottom: 1pt">&#160;</td> <td colspan="3" style="vertical-align: bottom; border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">Amount</font></td></tr> <tr style="background-color: silver"> <td style="vertical-align: top; width: 45%"><font style="font-size: 10pt">2020</font></td> <td style="vertical-align: bottom; width: 10%">&#160;</td> <td style="vertical-align: bottom; width: 1%">&#160;</td> <td style="vertical-align: bottom; width: 43%; text-align: right"><font style="font-size: 10pt">6,394</font></td> <td style="vertical-align: bottom; width: 1%">&#160;</td></tr> <tr style="background-color: white"> <td style="vertical-align: top"><font style="font-size: 10pt">2021</font></td> <td style="vertical-align: bottom">&#160;</td> <td style="vertical-align: bottom">&#160;</td> <td style="vertical-align: bottom; text-align: right"><font style="font-size: 10pt">6,394</font></td> <td style="vertical-align: bottom">&#160;</td></tr> <tr style="background-color: silver"> <td style="vertical-align: top"><font style="font-size: 10pt">2022</font></td> <td style="vertical-align: bottom">&#160;</td> <td style="vertical-align: bottom">&#160;</td> <td style="vertical-align: bottom; text-align: right"><font style="font-size: 10pt">6,394</font></td> <td style="vertical-align: bottom">&#160;</td></tr> <tr style="background-color: white"> <td style="vertical-align: top"><font style="font-size: 10pt">2023</font></td> <td style="vertical-align: bottom; padding-bottom: 1pt">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">5,869</font></td> <td style="vertical-align: bottom; padding-bottom: 1pt">&#160;</td></tr> <tr style="background-color: silver"> <td style="vertical-align: top"><font style="font-size: 10pt">Total</font></td> <td style="vertical-align: bottom; padding-bottom: 2.5pt">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">25,051</font></td> <td style="vertical-align: bottom; padding-bottom: 2.5pt">&#160;</td></tr> </table> <p style="margin: 0pt"></p> <p style="margin: 0pt"></p> <table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr> <td style="vertical-align: top"><font style="font-size: 10pt">Fiscal Year</font></td> <td style="vertical-align: bottom; padding-bottom: 1pt">&#160;</td> <td colspan="3" style="vertical-align: bottom; border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">Amount</font></td></tr> <tr style="background-color: silver"> <td style="vertical-align: top; width: 45%"><font style="font-size: 10pt">2020</font></td> <td style="vertical-align: bottom; width: 10%">&#160;</td> <td style="vertical-align: bottom; width: 1%">&#160;</td> <td style="vertical-align: bottom; width: 43%; text-align: right"><font style="font-size: 10pt">17,935</font></td> <td style="vertical-align: bottom; width: 1%">&#160;</td></tr> <tr style="background-color: white"> <td style="vertical-align: top"><font style="font-size: 10pt">2021</font></td> <td style="vertical-align: bottom">&#160;</td> <td style="vertical-align: bottom">&#160;</td> <td style="vertical-align: bottom; text-align: right"><font style="font-size: 10pt">17,935</font></td> <td style="vertical-align: bottom">&#160;</td></tr> <tr style="background-color: silver"> <td style="vertical-align: top"><font style="font-size: 10pt">2022</font></td> <td style="vertical-align: bottom">&#160;</td> <td style="vertical-align: bottom">&#160;</td> <td style="vertical-align: bottom; text-align: right"><font style="font-size: 10pt">17,935</font></td> <td style="vertical-align: bottom">&#160;</td></tr> <tr style="background-color: white"> <td style="vertical-align: top"><font style="font-size: 10pt">2023</font></td> <td style="vertical-align: bottom">&#160;</td> <td style="vertical-align: bottom">&#160;</td> <td style="vertical-align: bottom; text-align: right"><font style="font-size: 10pt">17,935</font></td> <td style="vertical-align: bottom">&#160;</td></tr> <tr style="background-color: silver"> <td style="vertical-align: top"><font style="font-size: 10pt">Thereafter</font></td> <td style="vertical-align: bottom; padding-bottom: 1pt">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">140,996</font></td> <td style="vertical-align: bottom; padding-bottom: 1pt">&#160;</td></tr> <tr style="background-color: white"> <td style="vertical-align: top"><font style="font-size: 10pt">Total</font></td> <td style="vertical-align: bottom; padding-bottom: 2.5pt">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">212,736</font></td> <td style="vertical-align: bottom; padding-bottom: 2.5pt">&#160;</td></tr> </table> <p style="margin: 0pt"></p> <table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr> <td style="vertical-align: top"><font style="font-size: 10pt">Fiscal Year</font></td> <td style="vertical-align: bottom; padding-bottom: 1pt">&#160;</td> <td colspan="3" style="vertical-align: bottom; border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">Amount</font></td></tr> <tr style="background-color: silver"> <td style="vertical-align: top; width: 45%"><font style="font-size: 10pt">2020</font></td> <td style="vertical-align: bottom; width: 10%">&#160;</td> <td style="vertical-align: bottom; width: 1%"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; width: 43%; text-align: right"><font style="font-size: 10pt">12,412</font></td> <td style="vertical-align: bottom; width: 1%">&#160;</td></tr> <tr style="background-color: white"> <td style="vertical-align: top"><font style="font-size: 10pt">2021</font></td> <td style="vertical-align: bottom">&#160;</td> <td style="vertical-align: bottom">&#160;</td> <td style="vertical-align: bottom; text-align: right"><font style="font-size: 10pt">16,549</font></td> <td style="vertical-align: bottom">&#160;</td></tr> <tr style="background-color: silver"> <td style="vertical-align: top"><font style="font-size: 10pt">2022</font></td> <td style="vertical-align: bottom">&#160;</td> <td style="vertical-align: bottom">&#160;</td> <td style="vertical-align: bottom; text-align: right"><font style="font-size: 10pt">16,549</font></td> <td style="vertical-align: bottom">&#160;</td></tr> <tr style="background-color: white"> <td style="vertical-align: top"><font style="font-size: 10pt">2023</font></td> <td style="vertical-align: bottom">&#160;</td> <td style="vertical-align: bottom">&#160;</td> <td style="vertical-align: bottom; text-align: right"><font style="font-size: 10pt">16,549</font></td> <td style="vertical-align: bottom">&#160;</td></tr> <tr style="background-color: silver"> <td style="vertical-align: top"><font style="font-size: 10pt">2024</font></td> <td style="vertical-align: bottom; padding-bottom: 1pt">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">9,654</font></td> <td style="vertical-align: bottom; padding-bottom: 1pt">&#160;</td></tr> <tr style="background-color: white"> <td style="vertical-align: top"><font style="font-size: 10pt">Total</font></td> <td style="vertical-align: bottom; padding-bottom: 2.5pt">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">71,713</font></td> <td style="vertical-align: bottom; padding-bottom: 2.5pt">&#160;</td></tr> </table> 31553 42071 42071 31150 146845 3397 533 208252 13451 17935 17935 140996 4796 6394 6394 5869 1495 23453 17935 1379 12412 16549 16549 16549 9654 71713 134500 143263 180000 600 270000 270000 50000 20000 200000 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>NOTE 6 &#8211; LOAN PAYABLE</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On February 28, 2018, the Company purchased certain real property and approximately 2 acres of land in Missouri. The total acquisition cost including all closing costs and fees was $256,443. The purchase price was partially financed with a $200,000 loan from the company&#8217;s primary bank. The loan has a term of 5-years, at an interest rate of 4.09% and requires monthly payments of interest and principal of $1,494.59 with a final payment of approximately $148,063 due March 1, 2023. As of September 30, 2019, and June 30, 2019, the balance on the loan is $184,168 and $186,655, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Future minimum payments of principal and interest for the fiscal years ended are as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr> <td style="vertical-align: top"><font style="font-size: 10pt">Fiscal Year</font></td> <td style="vertical-align: bottom; padding-bottom: 1pt">&#160;</td> <td colspan="3" style="vertical-align: bottom; border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">Amount</font></td></tr> <tr style="background-color: silver"> <td style="vertical-align: top; width: 45%"><font style="font-size: 10pt">2020</font></td> <td style="vertical-align: bottom; width: 10%">&#160;</td> <td style="vertical-align: bottom; width: 1%"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; width: 43%; text-align: right"><font style="font-size: 10pt">13,451</font></td> <td style="vertical-align: bottom; width: 1%">&#160;</td></tr> <tr style="background-color: white"> <td style="vertical-align: top"><font style="font-size: 10pt">2021</font></td> <td style="vertical-align: bottom">&#160;</td> <td style="vertical-align: bottom">&#160;</td> <td style="vertical-align: bottom; text-align: right"><font style="font-size: 10pt">17,935</font></td> <td style="vertical-align: bottom">&#160;</td></tr> <tr style="background-color: silver"> <td style="vertical-align: top"><font style="font-size: 10pt">2022</font></td> <td style="vertical-align: bottom">&#160;</td> <td style="vertical-align: bottom">&#160;</td> <td style="vertical-align: bottom; text-align: right"><font style="font-size: 10pt">17,935</font></td> <td style="vertical-align: bottom">&#160;</td></tr> <tr style="background-color: white"> <td style="vertical-align: top"><font style="font-size: 10pt">2023</font></td> <td style="vertical-align: bottom">&#160;</td> <td style="vertical-align: bottom">&#160;</td> <td style="vertical-align: bottom; text-align: right"><font style="font-size: 10pt">17,935</font></td> <td style="vertical-align: bottom">&#160;</td></tr> <tr style="background-color: silver"> <td style="vertical-align: top"><font style="font-size: 10pt">Thereafter</font></td> <td style="vertical-align: bottom; padding-bottom: 1pt">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">140,996</font></td> <td style="vertical-align: bottom; padding-bottom: 1pt">&#160;</td></tr> <tr style="background-color: white"> <td style="vertical-align: top"><font style="font-size: 10pt">Total</font></td> <td style="vertical-align: bottom; padding-bottom: 2.5pt">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">208,252</font></td> <td style="vertical-align: bottom; padding-bottom: 2.5pt">&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In April 2018 the Company purchased equipment to be used in their operations for a total acquisition price of $32,792. The equipment was purchased with a combination of cash and loan financing. The Company obtained a loan for $27,500 from their primary bank. The loan, dated May 7, 2018, matures on May 7, 2023, bears interest at 6% per annum and requires monthly payments of interest and principal of $532.84. As of September 30, 2019 and June 30, 2019, the balance on the loan is $20,966 and $22,230, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Future minimum payments of principal and interest for the fiscal years ended are as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr> <td style="vertical-align: top"><font style="font-size: 10pt">Fiscal Year</font></td> <td style="vertical-align: bottom; padding-bottom: 1pt">&#160;</td> <td colspan="3" style="vertical-align: bottom; border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">Amount</font></td></tr> <tr style="background-color: silver"> <td style="vertical-align: top; width: 45%"><font style="font-size: 10pt">2020</font></td> <td style="vertical-align: bottom; width: 10%">&#160;</td> <td style="vertical-align: bottom; width: 1%"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; width: 43%; text-align: right"><font style="font-size: 10pt">4,796</font></td> <td style="vertical-align: bottom; width: 1%">&#160;</td></tr> <tr style="background-color: white"> <td style="vertical-align: top"><font style="font-size: 10pt">2021</font></td> <td style="vertical-align: bottom">&#160;</td> <td style="vertical-align: bottom">&#160;</td> <td style="vertical-align: bottom; text-align: right"><font style="font-size: 10pt">6,394</font></td> <td style="vertical-align: bottom">&#160;</td></tr> <tr style="background-color: silver"> <td style="vertical-align: top"><font style="font-size: 10pt">2022</font></td> <td style="vertical-align: bottom">&#160;</td> <td style="vertical-align: bottom">&#160;</td> <td style="vertical-align: bottom; text-align: right"><font style="font-size: 10pt">6,394</font></td> <td style="vertical-align: bottom">&#160;</td></tr> <tr style="background-color: white"> <td style="vertical-align: top"><font style="font-size: 10pt">2023</font></td> <td style="vertical-align: bottom; padding-bottom: 1pt">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">5,869</font></td> <td style="vertical-align: bottom; padding-bottom: 1pt">&#160;</td></tr> <tr style="background-color: silver"> <td style="vertical-align: top"><font style="font-size: 10pt">Total</font></td> <td style="vertical-align: bottom; padding-bottom: 2.5pt">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">23,453</font></td> <td style="vertical-align: bottom; padding-bottom: 2.5pt">&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In September 2019 the Company purchased equipment to be used in their operations for a total acquisition price of $87,000. The equipment was purchased with a combination of cash and loan financing. The Company obtained a loan for $70,147. The loan, dated August 12, 2019, matures on August 12, 2024, bears interest at 6.6% per annum and requires monthly payments of interest and principal of $1,379.09. As of September 30, 2019 the balance on the loan is $68,845.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Future minimum payments of principal and interest for the fiscal years ended are as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr> <td style="vertical-align: top"><font style="font-size: 10pt">Fiscal Year</font></td> <td style="vertical-align: bottom; padding-bottom: 1pt">&#160;</td> <td colspan="3" style="vertical-align: bottom; border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">Amount</font></td></tr> <tr style="background-color: silver"> <td style="vertical-align: top; width: 45%"><font style="font-size: 10pt">2020</font></td> <td style="vertical-align: bottom; width: 10%">&#160;</td> <td style="vertical-align: bottom; width: 1%"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; width: 43%; text-align: right"><font style="font-size: 10pt">12,412</font></td> <td style="vertical-align: bottom; width: 1%">&#160;</td></tr> <tr style="background-color: white"> <td style="vertical-align: top"><font style="font-size: 10pt">2021</font></td> <td style="vertical-align: bottom">&#160;</td> <td style="vertical-align: bottom">&#160;</td> <td style="vertical-align: bottom; text-align: right"><font style="font-size: 10pt">16,549</font></td> <td style="vertical-align: bottom">&#160;</td></tr> <tr style="background-color: silver"> <td style="vertical-align: top"><font style="font-size: 10pt">2022</font></td> <td style="vertical-align: bottom">&#160;</td> <td style="vertical-align: bottom">&#160;</td> <td style="vertical-align: bottom; text-align: right"><font style="font-size: 10pt">16,549</font></td> <td style="vertical-align: bottom">&#160;</td></tr> <tr style="background-color: white"> <td style="vertical-align: top"><font style="font-size: 10pt">2023</font></td> <td style="vertical-align: bottom">&#160;</td> <td style="vertical-align: bottom">&#160;</td> <td style="vertical-align: bottom; text-align: right"><font style="font-size: 10pt">16,549</font></td> <td style="vertical-align: bottom">&#160;</td></tr> <tr style="background-color: silver"> <td style="vertical-align: top"><font style="font-size: 10pt">2024</font></td> <td style="vertical-align: bottom; padding-bottom: 1pt">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">9,654</font></td> <td style="vertical-align: bottom; padding-bottom: 1pt">&#160;</td></tr> <tr style="background-color: white"> <td style="vertical-align: top"><font style="font-size: 10pt">Total</font></td> <td style="vertical-align: bottom; padding-bottom: 2.5pt">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">71,713</font></td> <td style="vertical-align: bottom; padding-bottom: 2.5pt">&#160;</td></tr> </table> 32792 256443 87000 200000 27500 70147 0.0409 0.06 0.066 186655 22230 184168 20966 68845 148063 6751 5463 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>NOTE 9 &#8211; COMMITMENTS &#8211; RELATED PARTY</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On November 1, 2017, the Company entered into a lease agreement with TCP to lease certain premises located in Florida to be effective from November 1, 2017 to November 1, 2027. The 8,000 square feet premises was to be used by the Company for plant and offices.&#160;Monthly rent of $7,500 was to be paid on the first of each month. No payment was due for the first four months of the lease. A $7,500 deposit was required and was loaned to the Company by TCP. The $7,500 was added to the balance due under the line of credit with TCP but has since been returned. As of June 30, 2018, the Company has incurred $25,000 of rent expense. TCP determined that it is in the best interest of the Company to <u>contribute the $25,000 of rented space to the Company; which has been credited to paid in capital, and to cancel the lease agreement.</u></p> -121762 2202 2166 <p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0"><i><u>Use of estimates</u></i></p> <p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. &#160;Significant estimates include the estimated useful lives of property and equipment. &#160;Actual results could differ from those estimates.</p> 46144 50924 103665 0.33 0.37 0.559 510133 402405 36168 42071 17870000 17870000 10000000 10000000 17870000 18000000 10000000 10000000 <p style="text-align: justify"><font style="font-size: 10pt">The Preferred Stock constitutes a convertible stock in which (1) one Preferred Share is convertible into (5) five Common Shares. The Preferred Stock holders are entitled to vote on any matters on which the common stock holders are entitled to vote.</font></p> 0.00 -0.00 0.00 -0.00 17870000 17881630 17870000 17881630 -16639 56331 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><i><u>Reclassifications</u></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">Certain reclassifications have been made to the prior period financial information to conform to the presentation used in the financial statements for the three months ended September 30, 2019.</p> <p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0"><i><u>Inventories </u></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">Inventories are valued at the lower of cost or market. Management compares the cost of inventories with the market value and allowance is made for writing down their inventories to market value, if lower.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i><u>Property, Plant and Equipment</u></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Property and equipment are carried at the lower of cost or net realizable value. Major betterments that extend the useful lives of assets are also capitalized. Normal maintenance and repairs are charged to expense as incurred. When assets are sold or otherwise disposed of, the cost and accumulated depreciation are removed from the accounts and any resulting gain or loss is recognized in operations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i><u>Accounts Receivable</u></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Revenues that have been recognized but not yet received are recorded as accounts receivable. Losses on receivables will be recognized when it is more likely than not that a receivable will not be collected. An allowance for estimated uncollectible amounts will be recognized to reduce the amount of receivables to its net realizable value. The allowance for uncollectible amounts is evaluated quarterly.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><i><u>Revenue Recognition</u></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Revenue is recognized goods are shipped or services performed and is recognized in an amount that reflects the consideration that an entity expects to receive in exchange for those goods or services. In addition, the standard requires disclosure of the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. The amount of revenue that is recorded reflects the consideration that the Company expects to receive in exchange for those goods. The Company applies the following five-step model in order to determine this amount: (i)&#160;identification of the promised goods in the contract; (ii) determination of whether the promised goods are performance obligations, including whether they are distinct in the context of the contract; (iii) measurement of the transaction price, including the constraint on variable consideration; (iv) allocation of the transaction price to the performance obligations; and (v) recognition of revenue when (or as) the Company satisfies each performance obligation.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The&#160;Company&#160;only&#160;applies&#160;the&#160;five-step&#160;model&#160;to&#160;contracts when it is probable that the entity will collect the consideration it is entitled to in exchange for the goods or services it transfers to the customer. Once a contract is determined to be within the scope of ASC 606 at contract inception, the Company reviews the contract to determine which performance obligations the Company must deliver and which of these performance obligations are distinct. <font style="background-color: white">The company recognizes revenue when all performance obligations are completed, and the risk of loss is transferred to the customer upon shipment.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="background-color: white">During the three months ended </font>September 30<font style="background-color: white">, 2019, the Company recognized $46,144 and $50,924 of sales from its two largest customers, representing 33%, and 37%, respectively, of total sales.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="background-color: white">During the three months ended September 30, 2018, the Company recognized $103,665 in sales from one customer. This represents 55.9% of total sales.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><i><u>Right of Return</u></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">From time to time, the company in the normal course of business encounters product returns.&#160; The company policy is to identify the reason of return and to either replace product, rework product or cancel the order at the request of the customer. As of September 30, 2019 and June 30, 2019, there were no substantial claims for rework or replacement in the normal course of business.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><i><u>Principles of Consolidation</u></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The accompanying consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary, Genesys Industries, LLC, and been prepared in conformity with accounting principles generally accepted in the United States of America. All significant intercompany transactions and balances have been eliminated.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i><u>Website development</u></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Website development is carried at cost. Major betterments that would extend the useful life are capitalized. Normal maintenance and repairs are charged to expense as incurred. When assets are sold or otherwise disposed of, the cost and accumulated amortization are removed from the accounts and any resulting gain or loss is recognized in operations. Website development costs are being amortized on a straight-line basis over three years.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i><u>Recently issued accounting pronouncements</u></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.</p> <p style="margin: 0pt"></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td>&#160;</td><td style="padding-bottom: 1pt">&#160;</td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">September 30, 2019</td><td style="padding-bottom: 1pt">&#160;</td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">June 30, <br />2019</td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 56%; text-align: left; text-indent: -17.6pt; padding-left: 17.6pt">Website development</td><td style="width: 8%">&#160;</td> <td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">1,850</td><td style="width: 1%; text-align: left">&#160;</td><td style="width: 8%">&#160;</td> <td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">1,850</td><td style="width: 1%; text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt; text-indent: -17.6pt; padding-left: 17.6pt">Less: accumulated amortization</td><td style="padding-bottom: 1pt">&#160;</td> <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(1,850</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&#160;</td> <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(1,850</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="text-align: left; padding-bottom: 2.5pt; text-indent: -17.6pt; padding-left: 17.6pt">Website development, net</td><td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">&#8212;&#160;&#160;</td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">&#8212;&#160;&#160;</td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td></tr> </table> <p style="margin: 0pt"></p> 1850 1850 -1850 -1850 325000 32500 <table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td>&#160;</td> <td style="padding-bottom: 1pt">&#160;</td> <td colspan="3" style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">2019</font></td> <td style="padding-bottom: 1pt">&#160;</td> <td colspan="3" style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">2018</font></td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Deferred Tax Assets:</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="width: 58%; padding-left: 10pt"><font style="font-size: 10pt">NOL Carryover</font></td> <td style="width: 8%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 11%; text-align: right"><font style="font-size: 10pt">6,400</font></td> <td style="width: 1%">&#160;</td> <td style="width: 8%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 11%; text-align: right"><font style="font-size: 10pt">28,000</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Deferred tax liabilities:</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-bottom: 1pt; padding-left: 10pt"><font style="font-size: 10pt">Less valuation allowance</font></td> <td style="padding-bottom: 1pt">&#160;</td> <td style="border-bottom: black 1pt solid">&#160;</td> <td style="border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">(6,400</font></td> <td style="padding-bottom: 1pt"><font style="font-size: 10pt">)</font></td> <td style="padding-bottom: 1pt">&#160;</td> <td style="border-bottom: black 1pt solid"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">(28,000</font></td> <td style="padding-bottom: 1pt"><font style="font-size: 10pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="padding-bottom: 2.5pt"><font style="font-size: 10pt">Net deferred tax assets</font></td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">&#8212;&#160;&#160;</font></td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">&#8212;&#160;&#160;</font></td> <td style="padding-bottom: 2.5pt">&#160;</td></tr> </table> <table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td>&#160;</td> <td style="padding-bottom: 1pt">&#160;</td> <td colspan="3" style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">2019</font></td> <td style="padding-bottom: 1pt">&#160;</td> <td colspan="3" style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">2018</font></td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Federal income tax benefit attributable to:</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="width: 58%; text-indent: 9.9pt"><font style="font-size: 10pt">Current operations</font></td> <td style="width: 8%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 11%; text-align: right"><font style="font-size: 10pt">29,700</font></td> <td style="width: 1%">&#160;</td> <td style="width: 8%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 11%; text-align: right"><font style="font-size: 10pt">16,021</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="padding-bottom: 1pt; text-indent: 9.9pt"><font style="font-size: 10pt">Less: Valuation allowance</font></td> <td style="padding-bottom: 1pt">&#160;</td> <td style="border-bottom: black 1pt solid">&#160;</td> <td style="border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">(29,700</font></td> <td style="padding-bottom: 1pt"><font style="font-size: 10pt">)</font></td> <td style="padding-bottom: 1pt">&#160;</td> <td style="border-bottom: black 1pt solid">&#160;</td> <td style="border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">(16,021</font></td> <td style="padding-bottom: 1pt"><font style="font-size: 10pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-bottom: 2.5pt"><font style="font-size: 10pt">&#160;Net provision for Federal income taxes</font></td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">&#8212;&#160;&#160;</font></td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">&#8212;&#160;&#160;</font></td> <td style="padding-bottom: 2.5pt">&#160;</td></tr> </table> 98332 101192 242381 184556 8065 130000 130000 13000 130 12870 4935 1388 70147 10518 8763 -3134 -2487 -1599 -2566 2014-12-09 2500 0.10 <p style="text-align: justify"><font style="font-size: 10pt">On November 5, 2017, to fund its working capital requirements the Company obtained a Special Line of Credit ("LOC") also recognized as a Blanket Secured Promissory Note for the total draw down amount of up to $500,000, from Twiga Capital Partners, LLC ("TCP"), an entity controlled by the Company's sole officer and largest stockholder, Shefali Vibhakar. This Note is secured by all of the assets of the Company in accordance with the Security Agreement by and between the Company and the Holder dated as of November 5, 2017. The LOC bears interest at 5% per annum and is due on demand. As of September 30, 2018, and June 30, 2018, the Company owed $65,911 and $67,299 of principal and $2,549 and $1,718 of accrued interest, respectively on the LOC.</font></p> 7500 7500 25000 --06-30 Yes true true Genesys Industries, Inc. 0001683131 2019-09-30 10-Q false Q1 2020 Non-accelerated Filer 18000000 true EX-101.SCH 5 gein-20190930.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 (Unaudited) link:presentationLink link:calculationLink link:definitionLink 00000005 - Statement - Consolidated Statements of Stockholders' Equity (Deficit) (Unaudited) link:presentationLink link:calculationLink link:definitionLink 00000006 - Statement - Consolidated Statements of Cash Flows (Unaudited) link:presentationLink link:calculationLink link:definitionLink 00000007 - Disclosure - Nature of Operations link:presentationLink link:calculationLink link:definitionLink 00000008 - Disclosure - Summary of Significant Accounting Policies link:presentationLink link:calculationLink link:definitionLink 00000009 - Disclosure - Going Concern link:presentationLink link:calculationLink link:definitionLink 00000010 - Disclosure - Property, Plant & Equipment link:presentationLink link:calculationLink link:definitionLink 00000011 - Disclosure - Line of Credit link:presentationLink link:calculationLink link:definitionLink 00000012 - Disclosure - Loans Payable link:presentationLink link:calculationLink link:definitionLink 00000013 - Disclosure - Stockholders' Equity link:presentationLink link:calculationLink link:definitionLink 00000014 - Disclosure - Related Party Transactions link:presentationLink link:calculationLink link:definitionLink 00000015 - Disclosure - Commitments - Related Party link:presentationLink link:calculationLink link:definitionLink 00000016 - Disclosure - Subsequent Events link:presentationLink link:calculationLink link:definitionLink 00000017 - Disclosure - Summary of Significant Accounting Policies (Policies) link:presentationLink link:calculationLink link:definitionLink 00000018 - Disclosure - Property, Plant & Equipment (Tables) link:presentationLink link:calculationLink link:definitionLink 00000019 - Disclosure - Lines of Credit (Tables) link:presentationLink link:calculationLink link:definitionLink 00000020 - Disclosure - Loans Payable (Tables) link:presentationLink link:calculationLink link:definitionLink 00000021 - Disclosure - Income Taxes (Tables) link:presentationLink link:calculationLink link:definitionLink 00000022 - Disclosure - Nature of Operations (Details narrative) link:presentationLink link:calculationLink link:definitionLink 00000023 - Disclosure - Summary of Significant Accounting Policies (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000024 - Disclosure - Going Concern (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000025 - Disclosure - Property & Equipment - Intangible assets, less accumulated amortization (Details) link:presentationLink link:calculationLink link:definitionLink 00000026 - Disclosure - Property & Equipment - Less accumulated depreciation (Details) link:presentationLink link:calculationLink link:definitionLink 00000027 - Disclosure - Property, Plant & Equipment (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000028 - Disclosure - Lines of Credit - Future minimum payments of principal and interest (Details) link:presentationLink link:calculationLink link:definitionLink 00000029 - Disclosure - Line of Credit (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000030 - Disclosure - Loans Payable - Future minimum payments of principal and interest (Details) link:presentationLink link:calculationLink link:definitionLink 00000031 - Disclosure - Loans Payable (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000032 - Disclosure - Stockholders' Equity (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000033 - Disclosure - Related Party Transactions (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000034 - Disclosure - Commitments - Related Party (Details Narrative) link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 6 gein-20190930_cal.xml XBRL CALCULATION FILE EX-101.DEF 7 gein-20190930_def.xml XBRL DEFINITION FILE EX-101.LAB 8 gein-20190930_lab.xml XBRL LABEL FILE Class of Stock [Axis] Class B Preferred Stock Debt Instrument [Axis] Line of Credit Lender Name [Axis] Commercial Bank Credit Card Bank Term Loan Facility Short-term Debt, Type [Axis] Equipment Real Property Related Party [Axis] TCP Customer [Axis] Customer 1 [Member] Customer 2 [Member] Equity Components [Axis] Common Stock Preferred Stock Paid-In Capital Accumulated Deficit Property, Plant and Equipment, Type [Axis] Website development Equipment 2 Document And Entity Information Entity Registrant Name Entity Central Index Key Document Period End Date Document Type Amendment Flag Document Fiscal Period Focus Document Fiscal Year Focus Entity Filer Category Current Fiscal Year End Date Is Entity's Reporting Status Current? Is Entity Small Business? Is Entity Emerging Growth? Extended transition period Entity Common Stock, Shares Outstanding Statement of Financial Position [Abstract] ASSETS Current assets: Cash Accounts receivable Prepaids Total current assets Website development, net Machinery and equipment, net Real property & plant, net Total Assets LIABILITIES AND STOCKHOLDERS' DEFICIT Current Liabilities: Accounts payable and accrued liabilities Accrued interest, related party Accrued compensation Line of credit - current portion Loans payable - current portion Due to related party Income tax accrual Total current liabilities Long term liabilities: Line of credit Loans payable Total liabilities Stockholders' equity (deficit) Class B Preferred stock, $0.001 par value, 25,000,000 shares authorized; 10,000,000 and 10,000,000 issued and outstanding, respectively Common stock, $0.001 par value, 100,000,000 shares authorized; 18,000,000 and 17,870,000 shares issued and outstanding, respectively Additional paid-in capital Accumulated deficit Total stockholders' equity (deficit) Total liabilities and stockholders' equity (deficit) Statement [Table] Statement [Line Items] Common Stock Shares Authorized Common Stock Shares Issued Common Stock Shares Outstanding Common Stock Par Value Preferred Stock Shares Authorized Preferred Stock Shares Issued Preferred Stock Shares Outstanding Preferred Stock Par Value Income Statement [Abstract] Revenue Cost of revenue Gross Margin Operating Expenses: Professional fees Payroll expense General & administrative expenses Total operating expenses Income from operations Other expense: Interest expense Total other expense Income before income taxes Provision for income taxes Net income Net Loss Per Common Share, basic Net Loss Per Common Share, diluted Weighted Common Shares Outstanding, basic Weighted Common Shares Outstanding, diluted Beginning Balance, Shares Beginning Balance, Amount Common stock issued for services Common stock issued for services; Value Ending Balance, shares Ending Balance, Amount Statement of Cash Flows [Abstract] Cash flows from operating activities: Net Income (Loss) Adjustments to reconcile net loss to net cash used in operating activities: Depreciation expense Stock compensation expense Changes in operating assets and liabilities: Accounts receivable Inventory Accounts payable and accruals Accrued interest, related party Net cash provided by (used in) operating activities Cash flows from investing activities: Purchase of property and equipment Net cash used in investing activities Cash flows from financing activities: Repayments to a related party Proceeds from loan payable Payments on line of credit Principal payment on mortgage Principal payment on loan payable Net cashprovided by (used in) financing activities Net (decrease) increase in cash Cash, beginning of period Cash, end of period Supplemental disclosure of cash flow information: Cash paid for interest Cash paid for taxes Organization, Consolidation and Presentation of Financial Statements [Abstract] Nature of Operations Accounting Policies [Abstract] Summary of Significant Accounting Policies Going Concern Property, Plant and Equipment [Abstract] Property & Equipment Debt Disclosure [Abstract] Lines of Credit Loan Payable Equity [Abstract] Stockholders' Equity Related Party Transactions [Abstract] Related Party Transactions Commitments and Contingencies Disclosure [Abstract] Commitments Subsequent Events [Abstract] Subsequent Events Basis of Presentation Use of estimates Principles of Consolidation Reclassifications Inventories Property, Plant and Equipment Website development Accounts Receivable Revenue Recognition Right of Return Recent Accounting Standards Intangible assets, less accumulated amortization Less accumulated depreciation Future minimun payments of principal and interest Income Tax Disclosure [Abstract] Net deferred tax assets Income tax provision Date of incorporation Sales Sales Percentage Accumulated Deficit Cash received from operations Less: accumulated amortization Intangible assets Leasehold Improvements Machinery and Equpment Furniture Real Property & Plant Less: accumulated depreciation Fixed assets, net Amortization expense Depreciation Expense Principal and interest payments Consolidated revolving credit Interest rate Loan Interest payments Acquisition cost Loan Interest Interest and principal payments Final payment Balance Preferred stock shares authorized Preferred stock par value Preferred stock conversion Common stock sold Common stock value Common stock issued for services; par value Common stock issued for services; value Special Line of Credit Terms Loans payable Accrued interest Monthly rent Rent deposit Contributed rent expense Assets, Current Assets Liabilities, Current Liabilities Stockholders' Equity Attributable to Parent Liabilities and Equity Operating Expenses Interest Expense Other Expenses Shares, Outstanding Increase (Decrease) in Accounts Receivable Increase (Decrease) in Interest Payable, Net Repayments of Related Party Debt Repayments of Lines of Credit Cash and Cash Equivalents, Period Increase (Decrease) Cash and Cash Equivalents, at Carrying Value WebsiteDevelopmentPolicyTextBlock Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment Debt Instrument, Face Amount EX-101.PRE 9 gein-20190930_pre.xml XBRL PRESENTATION FILE XML 10 R33.htm IDEA: XBRL DOCUMENT v3.19.3
Related Party Transactions (Details Narrative) - USD ($)
 3 Months Ended 12 Months Ended
Sep. 30, 2019
Jun. 30, 2019
Special Line of Credit Terms <p style="text-align: justify"><font style="font-size: 10pt">On November 5, 2017, to fund its working capital requirements the Company obtained a Special Line of Credit ("LOC") also recognized as a Blanket Secured Promissory Note for the total draw down amount of up to $500,000, from Twiga Capital Partners, LLC ("TCP"), an entity controlled by the Company's sole officer and largest stockholder, Shefali Vibhakar. This Note is secured by all of the assets of the Company in accordance with the Security Agreement by and between the Company and the Holder dated as of November 5, 2017. The LOC bears interest at 5% per annum and is due on demand. As of September 30, 2018, and June 30, 2018, the Company owed $65,911 and $67,299 of principal and $2,549 and $1,718 of accrued interest, respectively on the LOC.</font></p>  
Loans payable $ 31,598 $ 24,329
Accrued interest $ 6,751  
TCP    
Loans payable   102,129
Accrued interest   $ 5,463
XML 11 R10.htm IDEA: XBRL DOCUMENT v3.19.3
Property, Plant & Equipment
 3 Months Ended
Sep. 30, 2019
Property, Plant and Equipment [Abstract]  
Property & Equipment

NOTE 4 – PROPERTY, PLANT & EQUIPMENT

 

Long lived assets, including property and equipment and certain intangible assets to be held and used by the Company are reviewed for impairment whenever events or changes in circumstances indicate that the carrying value of the assets may not be recoverable. Impairment losses are recognized if expected future cash flows of the related assets are less than their carrying values. Measurement of an impairment loss is based on the fair value of the asset. Long-lived assets and certain identifiable intangibles to be disposed of are reported at the lower of carrying amount or fair value less cost to sell.

 

Property and Equipment and intangible assets are first recorded at cost. Depreciation and/or amortization is computed using the straight-line method over the estimated useful lives of the various classes of assets between three and five years. Leasehold improvements are being depreciated over ten years, and the building over twenty years.

 

Maintenance and repair expenses, as incurred, are charged to expense. Betterments and renewals are capitalized in plant and equipment accounts. Cost and accumulated depreciation applicable to items replaced or retired are eliminated from the related accounts with any gain or loss on the disposition included as income.

 

Intangible assets stated at cost, less accumulated amortization consisted of the following:

 

   September 30, 2019 

June 30,

2019

Website development  $1,850   $1,850 
Less: accumulated amortization   (1,850)   (1,850)
Website development, net  $—     $—   

  

Amortization expense

Amortization expense for the three months ended September 30, 2019 and 2018 was $0 and $0, respectively.

 

Property, Plant and equipment stated at cost, less accumulated depreciation consisted of the following:

 

   September 30, 2019 

June 30,

2019

Leasehold Improvements  $72,820   $62,261 
Machinery and Equipment   245,068    136,365 
Furniture   2,500    —   
Real Property & Plant   256,443    256,443 
Less: accumulated depreciation   (66,698)   (52,664)
Fixed assets, net  $510,133   $402,405 

  
XML 12 R14.htm IDEA: XBRL DOCUMENT v3.19.3
Related Party Transactions
 3 Months Ended
Sep. 30, 2019
Related Party Transactions [Abstract]  
Related Party Transactions

NOTE 8 - RELATED PARTY TRANSACTIONS

 

On November 5, 2017, to fund its working capital requirements the Company obtained a Special Line of Credit (“LOC”) also recognized as a Blanket Secured Promissory Note for the total draw down amount of up to $500,000, from Twiga Capital Partners, LLC (“TCP”), an entity controlled by the Company’s sole officer and largest stockholder, Shefali Vibhakar. This Note is secured by all of the assets of the Company in accordance with the Security Agreement by and between the Company and the Holder dated as of November 5, 2017. The LOC bears interest at 5% per annum and is due on demand. As of September 30, 2019 and June 30, 2019, the Company owed $102,129 and $102,129 of principal and $6,751 and $5,463 of accrued interest on the LOC, respectively.
XML 13 R18.htm IDEA: XBRL DOCUMENT v3.19.3
Property, Plant & Equipment (Tables)
 3 Months Ended
Sep. 30, 2019
Property, Plant and Equipment [Abstract]  
Intangible assets, less accumulated amortization

   September 30, 2019  June 30,
2019
Website development  $1,850   $1,850 
Less: accumulated amortization   (1,850)   (1,850)
Website development, net  $—     $—   
Less accumulated depreciation

   September 30, 2019 

June 30,

2019

Leasehold Improvements  $72,820   $62,261 
Machinery and Equipment   245,068    136,365 
Furniture   2,500    —   
Real Property & Plant   256,443    256,443 
Less: accumulated depreciation   (66,698)   (52,664)
Fixed assets, net  $510,133   $402,405 
XML 14 R22.htm IDEA: XBRL DOCUMENT v3.19.3
Nature of Operations (Details narrative)
 3 Months Ended
Sep. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Date of incorporation Dec. 09, 2014
XML 15 R26.htm IDEA: XBRL DOCUMENT v3.19.3
Property & Equipment - Less accumulated depreciation (Details) - USD ($)
Sep. 30, 2019
Jun. 30, 2019
Property, Plant and Equipment [Abstract]    
Leasehold Improvements $ 72,820 $ 62,261
Machinery and Equpment 245,068 136,365
Furniture 2,500
Real Property & Plant 256,443 256,443
Less: accumulated depreciation (66,698) (52,664)
Fixed assets, net $ 510,133 $ 402,405
XML 16 R6.htm IDEA: XBRL DOCUMENT v3.19.3
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 3 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities:    
Net Income (Loss) $ 7,481 $ 22,607
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation expense 14,034 9,852
Stock compensation expense 4,935
Changes in operating assets and liabilities:    
Accounts receivable (41,867) 8,785
Inventory (1,359)
Accounts payable and accruals 22,828 (5,293)
Accrued interest, related party 1,287 831
Net cash provided by (used in) operating activities 8,698 35,423
Cash flows from investing activities:    
Purchase of property and equipment (121,762)
Net cash used in investing activities (121,762)
Cash flows from financing activities:    
Repayments to a related party (1,388)
Proceeds from loan payable 70,147
Payments on line of credit (8,763) (10,518)
Principal payment on mortgage (2,487) (3,134)
Principal payment on loan payable (2,566) (1,599)
Net cashprovided by (used in) financing activities 56,331 (16,639)
Net (decrease) increase in cash (56,733) 18,784
Cash, beginning of period 170,205 17,866
Cash, end of period 113,472 36,650
Supplemental disclosure of cash flow information:    
Cash paid for interest 2,166 2,202
Cash paid for taxes
XML 17 R2.htm IDEA: XBRL DOCUMENT v3.19.3
Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2019
Jun. 30, 2019
Current assets:    
Cash $ 113,472 $ 170,205
Accounts receivable 94,678 52,811
Prepaids 8,065
Total current assets 216,215 223,016
Website development, net
Machinery and equipment, net 273,962 163,028
Real property & plant, net 236,171 239,377
Total Assets 726,348 625,421
Current Liabilities:    
Accounts payable and accrued liabilities 43,867 25,137
Accrued interest, related party 6,751 5,463
Accrued compensation 4,937 3,642
Line of credit - current portion 36,168 42,071
Loans payable - current portion 31,598 24,329
Due to related party 102,129 102,129
Income tax accrual 41,286 38,484
Total current liabilities 266,736 241,255
Line of credit 98,332 101,192
Loans payable 242,381 184,556
Total liabilities 607,449 527,003
Stockholders' equity (deficit)    
Class B Preferred stock, $0.001 par value, 25,000,000 shares authorized; 10,000,000 and 10,000,000 issued and outstanding, respectively 10,000 10,000
Common stock, $0.001 par value, 100,000,000 shares authorized; 18,000,000 and 17,870,000 shares issued and outstanding, respectively 18,000 17,870
Additional paid-in capital 114,000 101,130
Accumulated deficit (23,101) (30,582)
Total stockholders' equity (deficit) 118,899 98,418
Total liabilities and stockholders' equity (deficit) $ 726,348 $ 625,421
XML 18 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 19 R23.htm IDEA: XBRL DOCUMENT v3.19.3
Summary of Significant Accounting Policies (Details Narrative) - USD ($)
 3 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Customer 1 [Member]    
Sales $ 46,144 $ 103,665
Sales Percentage 33.00% 55.90%
Customer 2 [Member]    
Sales $ 50,924  
Sales Percentage 37.00%  
XML 20 R27.htm IDEA: XBRL DOCUMENT v3.19.3
Property, Plant & Equipment (Details Narrative) - USD ($)
 3 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Property, Plant and Equipment [Abstract]    
Amortization expense $ 0 $ 0
Depreciation Expense $ 14,034 $ 9,852
XML 21 FilingSummary.xml IDEA: XBRL DOCUMENT 3.19.3 html 76 212 1 false 16 0 false 4 false false R1.htm 00000001 - Document - Document and Entity Information Sheet http://genesysindustries.com/role/DocumentAndEntityInformation Document and Entity Information Cover 1 false false R2.htm 00000002 - Statement - Consolidated Balance Sheets (Unaudited) Sheet http://genesysindustries.com/role/BalanceSheets Consolidated Balance Sheets (Unaudited) Statements 2 false false R3.htm 00000003 - Statement - Consolidated Balance Sheets (Unaudited) (Parenthetical) Sheet http://genesysindustries.com/role/BalanceSheetsParenthetical Consolidated Balance Sheets (Unaudited) (Parenthetical) Statements 3 false false R4.htm 00000004 - Statement - Consolidated Statements of Operations (Unaudited) Sheet http://genesysindustries.com/role/StatementsOfOperations Consolidated Statements of Operations (Unaudited) Statements 4 false false R5.htm 00000005 - Statement - Consolidated Statements of Stockholders' Equity (Deficit) (Unaudited) Sheet http://genesysindustries.com/role/StatementsOfStockholdersEquityDeficit Consolidated Statements of Stockholders' Equity (Deficit) (Unaudited) Statements 5 false false R6.htm 00000006 - Statement - Consolidated Statements of Cash Flows (Unaudited) Sheet http://genesysindustries.com/role/StatementsOfCashFlows Consolidated Statements of Cash Flows (Unaudited) Statements 6 false false R7.htm 00000007 - Disclosure - Nature of Operations Sheet http://genesysindustries.com/role/NatureOfOperations Nature of Operations Notes 7 false false R8.htm 00000008 - Disclosure - Summary of Significant Accounting Policies Sheet http://genesysindustries.com/role/SummaryOfSignificantAccountingPolicies Summary of Significant Accounting Policies Notes 8 false false R9.htm 00000009 - Disclosure - Going Concern Sheet http://genesysindustries.com/role/GoingConcern Going Concern Notes 9 false false R10.htm 00000010 - Disclosure - Property, Plant & Equipment Sheet http://genesysindustries.com/role/PropertyPlantEquipment Property, Plant & Equipment Notes 10 false false R11.htm 00000011 - Disclosure - Line of Credit Sheet http://genesysindustries.com/role/LineOfCredit Line of Credit Notes 11 false false R12.htm 00000012 - Disclosure - Loans Payable Sheet http://genesysindustries.com/role/LoansPayable Loans Payable Notes 12 false false R13.htm 00000013 - Disclosure - Stockholders' Equity Sheet http://genesysindustries.com/role/StockholdersEquity Stockholders' Equity Notes 13 false false R14.htm 00000014 - Disclosure - Related Party Transactions Sheet http://genesysindustries.com/role/RelatedPartyTransactions Related Party Transactions Notes 14 false false R15.htm 00000015 - Disclosure - Commitments - Related Party Sheet http://genesysindustries.com/role/Commitments-RelatedParty Commitments - Related Party Notes 15 false false R16.htm 00000016 - Disclosure - Subsequent Events Sheet http://genesysindustries.com/role/SubsequentEvents Subsequent Events Notes 16 false false R17.htm 00000017 - Disclosure - Summary of Significant Accounting Policies (Policies) Sheet http://genesysindustries.com/role/SummaryOfSignificantAccountingPoliciesPolicies Summary of Significant Accounting Policies (Policies) Policies http://genesysindustries.com/role/SummaryOfSignificantAccountingPolicies 17 false false R18.htm 00000018 - Disclosure - Property, Plant & Equipment (Tables) Sheet http://genesysindustries.com/role/PropertyPlantEquipmentTables Property, Plant & Equipment (Tables) Tables http://genesysindustries.com/role/PropertyPlantEquipment 18 false false R19.htm 00000019 - Disclosure - Lines of Credit (Tables) Sheet http://genesysindustries.com/role/LinesOfCreditTables Lines of Credit (Tables) Tables 19 false false R20.htm 00000020 - Disclosure - Loans Payable (Tables) Sheet http://genesysindustries.com/role/LoansPayableTables Loans Payable (Tables) Tables http://genesysindustries.com/role/LoansPayable 20 false false R21.htm 00000021 - Disclosure - Income Taxes (Tables) Sheet http://genesysindustries.com/role/IncomeTaxesTables Income Taxes (Tables) Tables 21 false false R22.htm 00000022 - Disclosure - Nature of Operations (Details narrative) Sheet http://genesysindustries.com/role/NatureOfOperationsDetailsNarrative Nature of Operations (Details narrative) Details http://genesysindustries.com/role/NatureOfOperations 22 false false R23.htm 00000023 - Disclosure - Summary of Significant Accounting Policies (Details Narrative) Sheet http://genesysindustries.com/role/SummaryOfSignificantAccountingPoliciesDetailsNarrative Summary of Significant Accounting Policies (Details Narrative) Details http://genesysindustries.com/role/SummaryOfSignificantAccountingPoliciesPolicies 23 false false R24.htm 00000024 - Disclosure - Going Concern (Details Narrative) Sheet http://genesysindustries.com/role/GoingConcernDetailsNarrative Going Concern (Details Narrative) Details http://genesysindustries.com/role/GoingConcern 24 false false R25.htm 00000025 - Disclosure - Property & Equipment - Intangible assets, less accumulated amortization (Details) Sheet http://genesysindustries.com/role/PropertyEquipment-IntangibleAssetsLessAccumulatedAmortizationDetails Property & Equipment - Intangible assets, less accumulated amortization (Details) Details 25 false false R26.htm 00000026 - Disclosure - Property & Equipment - Less accumulated depreciation (Details) Sheet http://genesysindustries.com/role/PropertyEquipment-LessAccumulatedDepreciationDetails Property & Equipment - Less accumulated depreciation (Details) Details 26 false false R27.htm 00000027 - Disclosure - Property, Plant & Equipment (Details Narrative) Sheet http://genesysindustries.com/role/PropertyPlantEquipmentDetailsNarrative Property, Plant & Equipment (Details Narrative) Details http://genesysindustries.com/role/PropertyPlantEquipmentTables 27 false false R28.htm 00000028 - Disclosure - Lines of Credit - Future minimum payments of principal and interest (Details) Sheet http://genesysindustries.com/role/LinesOfCredit-FutureMinimumPaymentsOfPrincipalAndInterestDetails Lines of Credit - Future minimum payments of principal and interest (Details) Details 28 false false R29.htm 00000029 - Disclosure - Line of Credit (Details Narrative) Sheet http://genesysindustries.com/role/LineOfCreditDetailsNarrative Line of Credit (Details Narrative) Details http://genesysindustries.com/role/LineOfCredit 29 false false R30.htm 00000030 - Disclosure - Loans Payable - Future minimum payments of principal and interest (Details) Sheet http://genesysindustries.com/role/LoansPayable-FutureMinimumPaymentsOfPrincipalAndInterestDetails Loans Payable - Future minimum payments of principal and interest (Details) Details 30 false false R31.htm 00000031 - Disclosure - Loans Payable (Details Narrative) Sheet http://genesysindustries.com/role/LoansPayableDetailsNarrative Loans Payable (Details Narrative) Details http://genesysindustries.com/role/LoansPayableTables 31 false false R32.htm 00000032 - Disclosure - Stockholders' Equity (Details Narrative) Sheet http://genesysindustries.com/role/StockholdersEquityDetailsNarrative Stockholders' Equity (Details Narrative) Details http://genesysindustries.com/role/StockholdersEquity 32 false false R33.htm 00000033 - Disclosure - Related Party Transactions (Details Narrative) Sheet http://genesysindustries.com/role/RelatedPartyTransactionsDetailsNarrative Related Party Transactions (Details Narrative) Details http://genesysindustries.com/role/RelatedPartyTransactions 33 false false R34.htm 00000034 - Disclosure - Commitments - Related Party (Details Narrative) Sheet http://genesysindustries.com/role/Commitments-RelatedPartyDetailsNarrative Commitments - Related Party (Details Narrative) Details http://genesysindustries.com/role/Commitments-RelatedParty 34 false false All Reports Book All Reports gein-20190930.xml gein-20190930.xsd gein-20190930_cal.xml gein-20190930_def.xml gein-20190930_lab.xml gein-20190930_pre.xml http://fasb.org/srt/2018-01-31 http://xbrl.sec.gov/dei/2018-01-31 http://fasb.org/us-gaap/2018-01-31 true true XML 22 R7.htm IDEA: XBRL DOCUMENT v3.19.3
Nature of Operations
 3 Months Ended
Sep. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Nature of Operations

NOTE 1 - NATURE OF OPERATIONS

 

Genesys Industries, Inc. (the “Company”), was incorporated on December 9, 2014 under the laws of the State of Florida. Genesys Industries is a diversified industrial manufacturer and supplier of precision products. The company is an on demand manufacturer and supplier of product. Some of the industries served include Automation, Automotive, Building Materials, Food Processing, Industrial, Medical, Railroad, Oil and Gas, Packaging, Semiconductor, Telecom, Textiles, Pulp Paper, Transportation and many more. We are a vertically integrated precision CNC manufacturing and fabrication company with core emphasis on product design, engineering and precision manufacturing of complex components and products.

 

On February 5, 2018, the Company formed Genesys Industries, LLC as a wholly owned subsidiary in the state of Missouri.

 

The Company’s headquarters are in Palmetto, Florida. The Company has adopted its fiscal year end to be June 30.
XML 23 R3.htm IDEA: XBRL DOCUMENT v3.19.3
Consolidated Balance Sheets (Unaudited) (Parenthetical) - $ / shares
Sep. 30, 2019
Jun. 30, 2019
Common Stock Shares Authorized 100,000,000 100,000,000
Common Stock Shares Issued 18,000,000 17,870,000
Common Stock Shares Outstanding 18,000,000 17,870,000
Common Stock Par Value $ .001 $ 0.001
Preferred Stock Shares Authorized 25,000,000  
Preferred Stock Par Value $ 0.001  
Class B Preferred Stock    
Preferred Stock Shares Authorized 25,000,000 25,000,000
Preferred Stock Shares Issued 10,000,000 10,000,000
Preferred Stock Shares Outstanding 10,000,000 10,000,000
Preferred Stock Par Value $ 0.001 $ 0.001
XML 24 R32.htm IDEA: XBRL DOCUMENT v3.19.3
Stockholders' Equity (Details Narrative) - USD ($)
 3 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Jun. 30, 2019
Preferred stock shares authorized 25,000,000    
Preferred stock par value $ 0.001    
Preferred stock conversion   <p style="text-align: justify"><font style="font-size: 10pt">The Preferred Stock constitutes a convertible stock in which (1) one Preferred Share is convertible into (5) five Common Shares. The Preferred Stock holders are entitled to vote on any matters on which the common stock holders are entitled to vote.</font></p>  
Common Stock Shares Authorized 100,000,000   100,000,000
Common Stock Par Value $ .001   $ 0.001
Common stock sold 325,000    
Common stock value $ 32,500    
Common stock issued for services 130,000    
Common stock issued for services; par value $ 0.10    
Common stock issued for services; value $ 13,000    
Stock compensation expense 4,935  
Prepaids $ 8,065  
Class B Preferred Stock      
Preferred stock shares authorized 25,000,000   25,000,000
Preferred stock par value $ 0.001   $ 0.001
XML 25 R19.htm IDEA: XBRL DOCUMENT v3.19.3
Lines of Credit (Tables)
 3 Months Ended
Sep. 30, 2019
Debt Disclosure [Abstract]  
Future minimun payments of principal and interest

Fiscal Year   Amount
2020     31,553  
2021     42,071  
2022     42,071  
Thereafter     31,150  
Total   $ 146,845  
XML 26 R11.htm IDEA: XBRL DOCUMENT v3.19.3
Line of Credit
 3 Months Ended
Sep. 30, 2019
Debt Disclosure [Abstract]  
Lines of Credit

NOTE 5 – LINES OF CREDIT

 

The Company has established a line of credit with a commercial bank in the amount of $50,000. This is a revolving business line of credit (BLOC) and bears a fixed interest rate of 7%. The company has also established a corporate business credit card for use in travel related purposes. That line of credit is established at $20,000. The company has also established a renewable Bank Term Loan Facility in the approximate amount of $200,000 with a fixed interest rate of 5%.

 

Total consolidated revolving credit available under all credit arrangements is approximately $270,000. On March 9, 2018, the Company obtained a $180,000 loan against the bank term loan. The loan has a term of five years and requires interest only payments of $600 until May 26, 2018, thereafter payments of principal and interest of $3,396.82. As of September 30, 2019 and June 30, 2019, the balance on the loan is $134,500 and $143,263, respectively.

 

Future minimum payments of principal and interest for the fiscal years ended are as follows:

 

Fiscal Year   Amount
2020     31,553  
2021     42,071  
2022     42,071  
Thereafter     31,150  
Total   $ 146,845  
XML 27 R15.htm IDEA: XBRL DOCUMENT v3.19.3
Commitments - Related Party
 3 Months Ended
Sep. 30, 2019
Commitments and Contingencies Disclosure [Abstract]  
Commitments

NOTE 9 – COMMITMENTS – RELATED PARTY

 

On November 1, 2017, the Company entered into a lease agreement with TCP to lease certain premises located in Florida to be effective from November 1, 2017 to November 1, 2027. The 8,000 square feet premises was to be used by the Company for plant and offices. Monthly rent of $7,500 was to be paid on the first of each month. No payment was due for the first four months of the lease. A $7,500 deposit was required and was loaned to the Company by TCP. The $7,500 was added to the balance due under the line of credit with TCP but has since been returned. As of June 30, 2018, the Company has incurred $25,000 of rent expense. TCP determined that it is in the best interest of the Company to contribute the $25,000 of rented space to the Company; which has been credited to paid in capital, and to cancel the lease agreement.
XML 29 R9.htm IDEA: XBRL DOCUMENT v3.19.3
Going Concern
 3 Months Ended
Sep. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Going Concern

NOTE 3 - GOING CONCERN

 

The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates continuity of operations, realization of assets, and liquidation of liabilities in the normal course of business.  As reflected in the accompanying consolidated financial statements, the Company has experienced a significant increase in revenue since commencing it operations in 2018. The accumulated deficit has decreased to only $23,101 and we received cash from operations of $8,698. Although the Company’s financial position is steadily improving our operations are still relatively new, circumstances may still occur that would raise substantial doubt about the Company’s ability to continue as a going concern.

 

While the Company is successfully executing its growth strategy, its cash position may not still be sufficient to support the Company’s daily operations without additional financing. While the Company believes in the viability of its strategy to produce sales volume and in its ability to raise additional funds, there can be no assurances to that effect. The ability of the Company to continue as a going concern is dependent upon the Company’s ability to further implement its business plan and generate sufficient revenues. The consolidated financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern. Management believes that the actions presently being taken to further implement its business plan and generate revenues provide the opportunity for the Company to continue as a going concern.
XML 30 R5.htm IDEA: XBRL DOCUMENT v3.19.3
Consolidated Statements of Stockholders' Equity (Deficit) (Unaudited) - USD ($)
Common Stock
Preferred Stock
Paid-In Capital
Accumulated Deficit
Total
Beginning Balance, Shares at Jun. 30, 2018 17,870,000 10,000,000      
Beginning Balance, Amount at Jun. 30, 2018 $ 17,870 $ 10,000 $ 101,130 $ (133,325) $ (4,325)
Net income 22,607 22,607
Ending Balance, shares at Sep. 30, 2018 17,870,000 10,000,000      
Ending Balance, Amount at Sep. 30, 2018 $ 17,870 $ 10,000 101,130 (110,718) 18,282
Beginning Balance, Shares at Jun. 30, 2019 17,870,000 10,000,000      
Beginning Balance, Amount at Jun. 30, 2019 $ 17,870 $ 10,000 101,130 (30,582) $ 98,418
Common stock issued for services 130,000       130,000
Common stock issued for services; Value $ 130 12,870 $ 13,000
Net income 7,481 7,481
Ending Balance, shares at Sep. 30, 2019 18,000,000 10,000,000      
Ending Balance, Amount at Sep. 30, 2019 $ 18,000 $ 10,000 $ 114,000 $ (23,101) $ 118,899
XML 31 R1.htm IDEA: XBRL DOCUMENT v3.19.3
Document and Entity Information - shares
 3 Months Ended
Sep. 30, 2019
Nov. 05, 2019
Document And Entity Information    
Entity Registrant Name Genesys Industries, Inc.  
Entity Central Index Key 0001683131  
Document Period End Date Sep. 30, 2019  
Document Type 10-Q  
Amendment Flag false  
Document Fiscal Period Focus Q1  
Document Fiscal Year Focus 2020  
Entity Filer Category Non-accelerated Filer  
Current Fiscal Year End Date --06-30  
Is Entity's Reporting Status Current? Yes  
Is Entity Small Business? true  
Is Entity Emerging Growth? true  
Extended transition period true  
Entity Common Stock, Shares Outstanding   18,000,000
ZIP 32 0001607062-19-000451-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001607062-19-000451-xbrl.zip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�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end XML 33 R21.htm IDEA: XBRL DOCUMENT v3.19.3
Income Taxes (Tables)
 3 Months Ended
Sep. 30, 2018
Income Tax Disclosure [Abstract]  
Net deferred tax assets
    2019   2018
Deferred Tax Assets:                
NOL Carryover   $ 6,400     $ 28,000  
Deferred tax liabilities:                
Less valuation allowance     (6,400 )   $ (28,000 )
Net deferred tax assets   $ —       $ —    
Income tax provision
    2019   2018
Federal income tax benefit attributable to:                
Current operations   $ 29,700     $ 16,021  
Less: Valuation allowance     (29,700 )     (16,021 )
 Net provision for Federal income taxes   $ —       $ —    
XML 34 R25.htm IDEA: XBRL DOCUMENT v3.19.3
Property & Equipment - Intangible assets, less accumulated amortization (Details) - USD ($)
Sep. 30, 2019
Jun. 30, 2019
Jun. 30, 2018
Less: accumulated amortization $ (1,850) $ (1,850)  
Intangible assets  
Website development      
Intangible assets $ 1,850   $ 1,850
XML 35 R29.htm IDEA: XBRL DOCUMENT v3.19.3
Line of Credit (Details Narrative) - USD ($)
 3 Months Ended 56 Months Ended
May 26, 2018
Mar. 09, 2023
Sep. 30, 2019
Jun. 30, 2019
Mar. 09, 2018
Consolidated revolving credit     $ 270,000 $ 270,000  
Loan     134,500 $ 143,263  
Commercial Bank          
Consolidated revolving credit     $ 50,000    
Interest rate     7.00%    
Credit Card          
Consolidated revolving credit     $ 20,000    
Bank Term Loan Facility          
Consolidated revolving credit     $ 200,000    
Interest rate     5.00%    
Loan         $ 180,000
Interest payments $ 600        
Principal and interest payments   $ 3,397      
XML 36 R13.htm IDEA: XBRL DOCUMENT v3.19.3
Stockholders' Equity
 3 Months Ended
Sep. 30, 2019
Equity [Abstract]  
Stockholders' Equity

NOTE 7 - STOCKHOLDERS’ EQUITY

 

Common stock

 

Common stock includes 100,000,000 shares authorized at a par value of $0.001.

 

During the three months ended September 30, 2019, the Company granted 130,000 shares of common stock for servicers to two individuals. The shares were valued at $0.10, for total non-cash expense of $13,000. The expense is being recognized over the term of the agreements. As of September 30, 2019, $4,935 has been expensed and $8,065 has been debited to prepaids.

 

Preferred stock

 

Preferred stock includes 25,000,000 shares of authorized at a par value of $0.001. Preferred stock includes 25,000,000 shares of Class B authorized at a par value of $0.001. The Preferred Stock constitutes a convertible stock in which (1) one Preferred Share is convertible into (5) five Common Shares. The Preferred Stock holders are entitled to vote on any matters on which the common stock holders are entitled to vote.
XML 37 R17.htm IDEA: XBRL DOCUMENT v3.19.3
Summary of Significant Accounting Policies (Policies)
 3 Months Ended
Sep. 30, 2019
Accounting Policies [Abstract]  
Basis of Presentation

Basis of Presentation

The accompanying condensed consolidated financial statements have been prepared by the Company without audit. In the opinion of management, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations, and cash flows at September 30, 2019 and for the related periods presented have been made. The results for the three months ended September 30, 2019 are not necessarily indicative of the results of operations for the full year. These financial statements and related footnotes should be read in conjunction with the consolidated financial statements and footnotes thereto included in the Company’s Annual Report on Form 10-K for the year ended June 30, 2019, filed with the Securities and Exchange Commission.
Use of estimates

Use of estimates

The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.  Significant estimates include the estimated useful lives of property and equipment.  Actual results could differ from those estimates.
Principles of Consolidation

Principles of Consolidation

The accompanying consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary, Genesys Industries, LLC, and been prepared in conformity with accounting principles generally accepted in the United States of America. All significant intercompany transactions and balances have been eliminated.
Reclassifications

Reclassifications

Certain reclassifications have been made to the prior period financial information to conform to the presentation used in the financial statements for the three months ended September 30, 2019.
Inventories

Inventories

Inventories are valued at the lower of cost or market. Management compares the cost of inventories with the market value and allowance is made for writing down their inventories to market value, if lower.
Property, Plant and Equipment

Property, Plant and Equipment

Property and equipment are carried at the lower of cost or net realizable value. Major betterments that extend the useful lives of assets are also capitalized. Normal maintenance and repairs are charged to expense as incurred. When assets are sold or otherwise disposed of, the cost and accumulated depreciation are removed from the accounts and any resulting gain or loss is recognized in operations.
Website development

Website development

Website development is carried at cost. Major betterments that would extend the useful life are capitalized. Normal maintenance and repairs are charged to expense as incurred. When assets are sold or otherwise disposed of, the cost and accumulated amortization are removed from the accounts and any resulting gain or loss is recognized in operations. Website development costs are being amortized on a straight-line basis over three years.
Accounts Receivable

Accounts Receivable

Revenues that have been recognized but not yet received are recorded as accounts receivable. Losses on receivables will be recognized when it is more likely than not that a receivable will not be collected. An allowance for estimated uncollectible amounts will be recognized to reduce the amount of receivables to its net realizable value. The allowance for uncollectible amounts is evaluated quarterly.
Revenue Recognition

Revenue Recognition

Revenue is recognized goods are shipped or services performed and is recognized in an amount that reflects the consideration that an entity expects to receive in exchange for those goods or services. In addition, the standard requires disclosure of the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. The amount of revenue that is recorded reflects the consideration that the Company expects to receive in exchange for those goods. The Company applies the following five-step model in order to determine this amount: (i) identification of the promised goods in the contract; (ii) determination of whether the promised goods are performance obligations, including whether they are distinct in the context of the contract; (iii) measurement of the transaction price, including the constraint on variable consideration; (iv) allocation of the transaction price to the performance obligations; and (v) recognition of revenue when (or as) the Company satisfies each performance obligation.

 

The Company only applies the five-step model to contracts when it is probable that the entity will collect the consideration it is entitled to in exchange for the goods or services it transfers to the customer. Once a contract is determined to be within the scope of ASC 606 at contract inception, the Company reviews the contract to determine which performance obligations the Company must deliver and which of these performance obligations are distinct. The company recognizes revenue when all performance obligations are completed, and the risk of loss is transferred to the customer upon shipment.

 

During the three months ended September 30, 2019, the Company recognized $46,144 and $50,924 of sales from its two largest customers, representing 33%, and 37%, respectively, of total sales.

 

During the three months ended September 30, 2018, the Company recognized $103,665 in sales from one customer. This represents 55.9% of total sales.
Right of Return

Right of Return

From time to time, the company in the normal course of business encounters product returns.  The company policy is to identify the reason of return and to either replace product, rework product or cancel the order at the request of the customer. As of September 30, 2019 and June 30, 2019, there were no substantial claims for rework or replacement in the normal course of business.
Recent Accounting Standards

Recently issued accounting pronouncements

The Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.
XML 38 R34.htm IDEA: XBRL DOCUMENT v3.19.3
Commitments - Related Party (Details Narrative)
 3 Months Ended
Sep. 30, 2019
USD ($)
Commitments and Contingencies Disclosure [Abstract]  
Monthly rent $ 7,500
Rent deposit 7,500
Contributed rent expense $ 25,000
XML 39 R30.htm IDEA: XBRL DOCUMENT v3.19.3
Loans Payable - Future minimum payments of principal and interest (Details) - USD ($)
 3 Months Ended 7 Months Ended 9 Months Ended 10 Months Ended 11 Months Ended 12 Months Ended 60 Months Ended
Sep. 30, 2019
Sep. 30, 2023
May 07, 2020
Jun. 30, 2020
May 07, 2023
Jun. 30, 2020
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2021
Aug. 24, 2024
May 07, 2023
Feb. 28, 2023
Real Property                          
Principal and interest payments $ 1,495 $ 140,996   $ 13,451       $ 17,935 $ 17,935 $ 17,935     $ 208,252
Equipment                          
Principal and interest payments 533   $ 4,796   $ 5,869       6,394 6,394   $ 23,453  
Equipment 2                          
Principal and interest payments $ 1,379         $ 12,412 $ 9,654 $ 16,549 $ 16,549 $ 16,549 $ 71,713    
EXCEL 40 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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end XML 41 R12.htm IDEA: XBRL DOCUMENT v3.19.3
Loans Payable
 3 Months Ended
Sep. 30, 2019
Debt Disclosure [Abstract]  
Loan Payable

NOTE 6 – LOAN PAYABLE

 

On February 28, 2018, the Company purchased certain real property and approximately 2 acres of land in Missouri. The total acquisition cost including all closing costs and fees was $256,443. The purchase price was partially financed with a $200,000 loan from the company’s primary bank. The loan has a term of 5-years, at an interest rate of 4.09% and requires monthly payments of interest and principal of $1,494.59 with a final payment of approximately $148,063 due March 1, 2023. As of September 30, 2019, and June 30, 2019, the balance on the loan is $184,168 and $186,655, respectively.

 

Future minimum payments of principal and interest for the fiscal years ended are as follows:

 

Fiscal Year   Amount
2020   $ 13,451  
2021     17,935  
2022     17,935  
2023     17,935  
Thereafter     140,996  
Total   $ 208,252  

 

In April 2018 the Company purchased equipment to be used in their operations for a total acquisition price of $32,792. The equipment was purchased with a combination of cash and loan financing. The Company obtained a loan for $27,500 from their primary bank. The loan, dated May 7, 2018, matures on May 7, 2023, bears interest at 6% per annum and requires monthly payments of interest and principal of $532.84. As of September 30, 2019 and June 30, 2019, the balance on the loan is $20,966 and $22,230, respectively.

 

Future minimum payments of principal and interest for the fiscal years ended are as follows:

 

Fiscal Year   Amount
2020   $ 4,796  
2021     6,394  
2022     6,394  
2023     5,869  
Total   $ 23,453  

 

In September 2019 the Company purchased equipment to be used in their operations for a total acquisition price of $87,000. The equipment was purchased with a combination of cash and loan financing. The Company obtained a loan for $70,147. The loan, dated August 12, 2019, matures on August 12, 2024, bears interest at 6.6% per annum and requires monthly payments of interest and principal of $1,379.09. As of September 30, 2019 the balance on the loan is $68,845.

 

Future minimum payments of principal and interest for the fiscal years ended are as follows:

 

Fiscal Year   Amount
2020   $ 12,412  
2021     16,549  
2022     16,549  
2023     16,549  
2024     9,654  
Total   $ 71,713  
XML 42 R16.htm IDEA: XBRL DOCUMENT v3.19.3
Subsequent Events
 3 Months Ended
Sep. 30, 2019
Subsequent Events [Abstract]  
Subsequent Events

NOTE 10 - SUBSEQUENT EVENTS

 

In accordance with SFAS 165 (ASC 855-10) management has performed an evaluation of subsequent events through the date that the financial statements were available to be issued and has determined that it does not have any material subsequent events to disclose in these financial statements.
XML 43 R31.htm IDEA: XBRL DOCUMENT v3.19.3
Loans Payable (Details Narrative) - USD ($)
 3 Months Ended 7 Months Ended 9 Months Ended 10 Months Ended 11 Months Ended 12 Months Ended 60 Months Ended
Sep. 30, 2019
Sep. 30, 2023
May 07, 2020
Jun. 30, 2020
May 07, 2023
Jun. 30, 2020
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2021
Aug. 24, 2024
May 07, 2023
Feb. 28, 2023
Sep. 30, 2018
Real Property                            
Acquisition cost $ 256,443                          
Loan $ 200,000                          
Interest 4.09%                          
Interest and principal payments $ 1,495 $ 140,996   $ 13,451       $ 17,935 $ 17,935 $ 17,935     $ 208,252  
Final payment 148,063                          
Balance 184,168                         $ 186,655
Equipment                            
Acquisition cost 32,792                          
Loan $ 27,500                          
Interest 6.00%                          
Interest and principal payments $ 533   $ 4,796   $ 5,869       6,394 6,394   $ 23,453    
Balance 20,966                         $ 22,230
Equipment 2                            
Acquisition cost 87,000                          
Loan $ 70,147                          
Interest 6.60%                          
Interest and principal payments $ 1,379         $ 12,412 $ 9,654 $ 16,549 $ 16,549 $ 16,549 $ 71,713      
Balance $ 68,845                          
XML 44 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 45 R4.htm IDEA: XBRL DOCUMENT v3.19.3
Consolidated Statements of Operations (Unaudited) - USD ($)
 3 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]    
Revenue $ 140,951 $ 185,241
Cost of revenue 93,478 119,377
Gross Margin 47,473 65,864
Operating Expenses:    
Professional fees 5,005 3,500
Payroll expense 6,789 7,628
General & administrative expenses 18,452 23,085
Total operating expenses 30,246 34,213
Income from operations 17,227 31,651
Other expense:    
Interest expense (6,944) (3,034)
Total other expense (6,944) (3,034)
Income before income taxes 10,283 28,617
Provision for income taxes (2,802) (6,010)
Net income $ 7,481 $ 22,607
Net Loss Per Common Share, basic $ (0.00) $ 0.00
Net Loss Per Common Share, diluted $ (0.00) $ 0.00
Weighted Common Shares Outstanding, basic 17,881,630 17,870,000
Weighted Common Shares Outstanding, diluted 17,881,630 17,870,000
XML 46 R8.htm IDEA: XBRL DOCUMENT v3.19.3
Summary of Significant Accounting Policies
 3 Months Ended
Sep. 30, 2019
Accounting Policies [Abstract]  
Summary of Significant Accounting Policies

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

 

Basis of Presentation

The accompanying condensed consolidated financial statements have been prepared by the Company without audit. In the opinion of management, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations, and cash flows at September 30, 2019 and for the related periods presented have been made. The results for the three months ended September 30, 2019 are not necessarily indicative of the results of operations for the full year. These financial statements and related footnotes should be read in conjunction with the consolidated financial statements and footnotes thereto included in the Company’s Annual Report on Form 10-K for the year ended June 30, 2019, filed with the Securities and Exchange Commission

 

Use of estimates

The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.  Significant estimates include the estimated useful lives of property and equipment.  Actual results could differ from those estimates.

 

Principles of Consolidation

The accompanying consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary, Genesys Industries, LLC, and been prepared in conformity with accounting principles generally accepted in the United States of America. All significant intercompany transactions and balances have been eliminated.

 

Reclassifications

Certain reclassifications have been made to the prior period financial information to conform to the presentation used in the financial statements for the three months ended September 30, 2019.

 

Inventories

Inventories are valued at the lower of cost or market. Management compares the cost of inventories with the market value and allowance is made for writing down their inventories to market value, if lower.

 

Property, Plant and Equipment

Property and equipment are carried at the lower of cost or net realizable value. Major betterments that extend the useful lives of assets are also capitalized. Normal maintenance and repairs are charged to expense as incurred. When assets are sold or otherwise disposed of, the cost and accumulated depreciation are removed from the accounts and any resulting gain or loss is recognized in operations.

 

Website development

Website development is carried at cost. Major betterments that would extend the useful life are capitalized. Normal maintenance and repairs are charged to expense as incurred. When assets are sold or otherwise disposed of, the cost and accumulated amortization are removed from the accounts and any resulting gain or loss is recognized in operations. Website development costs are being amortized on a straight-line basis over three years.

 

Accounts Receivable

Revenues that have been recognized but not yet received are recorded as accounts receivable. Losses on receivables will be recognized when it is more likely than not that a receivable will not be collected. An allowance for estimated uncollectible amounts will be recognized to reduce the amount of receivables to its net realizable value. The allowance for uncollectible amounts is evaluated quarterly.

 

Revenue Recognition

Revenue is recognized goods are shipped or services performed and is recognized in an amount that reflects the consideration that an entity expects to receive in exchange for those goods or services. In addition, the standard requires disclosure of the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. The amount of revenue that is recorded reflects the consideration that the Company expects to receive in exchange for those goods. The Company applies the following five-step model in order to determine this amount: (i) identification of the promised goods in the contract; (ii) determination of whether the promised goods are performance obligations, including whether they are distinct in the context of the contract; (iii) measurement of the transaction price, including the constraint on variable consideration; (iv) allocation of the transaction price to the performance obligations; and (v) recognition of revenue when (or as) the Company satisfies each performance obligation.

 

The Company only applies the five-step model to contracts when it is probable that the entity will collect the consideration it is entitled to in exchange for the goods or services it transfers to the customer. Once a contract is determined to be within the scope of ASC 606 at contract inception, the Company reviews the contract to determine which performance obligations the Company must deliver and which of these performance obligations are distinct. The company recognizes revenue when all performance obligations are completed, and the risk of loss is transferred to the customer upon shipment.

 

During the three months ended September 30, 2019, the Company recognized $46,144 and $50,924 of sales from its two largest customers, representing 33%, and 37%, respectively, of total sales.

 

During the three months ended September 30, 2018, the Company recognized $103,665 in sales from one customer. This represents 55.9% of total sales.

 

Right of Return

From time to time, the company in the normal course of business encounters product returns.  The company policy is to identify the reason of return and to either replace product, rework product or cancel the order at the request of the customer. As of September 30, 2019 and June 30, 2019, there were no substantial claims for rework or replacement in the normal course of business.

 

Recently issued accounting pronouncements

The Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.
XML 47 R28.htm IDEA: XBRL DOCUMENT v3.19.3
Lines of Credit - Future minimum payments of principal and interest (Details) - USD ($)
 12 Months Ended 55 Months Ended 60 Months Ended
Feb. 28, 2022
Feb. 28, 2021
Feb. 28, 2020
Feb. 28, 2023
Feb. 28, 2023
Line of Credit          
Principal and interest payments $ 42,071 $ 42,071 $ 31,553 $ 31,150 $ 146,845
XML 48 R20.htm IDEA: XBRL DOCUMENT v3.19.3
Loans Payable (Tables)
 3 Months Ended
Sep. 30, 2019
Future minimun payments of principal and interest

Fiscal Year   Amount
2020     31,553  
2021     42,071  
2022     42,071  
Thereafter     31,150  
Total   $ 146,845  
Real Property  
Future minimun payments of principal and interest

Fiscal Year   Amount
2020     17,935  
2021     17,935  
2022     17,935  
2023     17,935  
Thereafter     140,996  
Total   $ 212,736  
Equipment  
Future minimun payments of principal and interest

Fiscal Year   Amount
2020     6,394  
2021     6,394  
2022     6,394  
2023     5,869  
Total   $ 25,051  
Equipment 2  
Future minimun payments of principal and interest
Fiscal Year   Amount
2020   $ 12,412  
2021     16,549  
2022     16,549  
2023     16,549  
2024     9,654  
Total   $ 71,713  
XML 49 R24.htm IDEA: XBRL DOCUMENT v3.19.3
Going Concern (Details Narrative) - USD ($)
 3 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Jun. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]      
Accumulated Deficit $ (23,101)   $ (30,582)
Cash received from operations $ 8,698 $ 35,423