0001607062-18-000292.txt : 20180926 0001607062-18-000292.hdr.sgml : 20180926 20180926094446 ACCESSION NUMBER: 0001607062-18-000292 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 59 CONFORMED PERIOD OF REPORT: 20180630 FILED AS OF DATE: 20180926 DATE AS OF CHANGE: 20180926 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Zander Therapeutics, Inc CENTRAL INDEX KEY: 0001718644 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 474321638 STATE OF INCORPORATION: NV FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-220790 FILM NUMBER: 181086977 BUSINESS ADDRESS: STREET 1: 4700 SPRING ST CITY: LA MESA STATE: CA ZIP: 91942-0274 BUSINESS PHONE: 6192279192 MAIL ADDRESS: STREET 1: 4700 SPRING ST CITY: LA MESA STATE: CA ZIP: 91942-0274 10-K 1 zander063018form10k.htm FORM 10-K

United States Securities and Exchange Commission

Washington, D.C.  20549

 

Form 10-K

 

 ☒ANNUAL REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934:

For the fiscal year ending June 30, 2018

 

 

 ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934: For the transition period from ___________ to ___________.

 

Commission file number: 333-220790

 

ZANDER THERAPEUTICS, INC.

(Name of small business issuer in its charter)

 

Nevada   26-3431263
(State or other jurisdiction of incorporation or organization)   (I.R.S. Employer Identification No.)

 

 

4700 Spring Street, Suite 304, La Mesa, California, 91942

(Address of Principal executive offices)

 

Issuer’s telephone number: ( 619) 702-1404 

_______________

 

Securities registered under Section 12(b) of the “Exchange Act” None

 

Securities registered under Section 12(g) of the Exchange Act: None

 

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 if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (§ 229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K

 

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

 

Large accelerated filer ☐ Accelerated filer ☐
Non accelerated filer ☐ Smaller reporting Company ☒

 

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).  

Yes ☐ No ☒ 

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted 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 and post such files).   

Yes  x No☐ 

 

State the aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, as of the last business day of the registrant’s most recently completed second fiscal quarter: $N/A

 

As of September 14, 2018 Zander Therapeutics, Inc. had 6,033,001 common shares outstanding, 9,000,000 Series M preferred shares outstanding and 200 Series AA preferred shares outstanding.

 

In this annual report, the terms “Zander Therapeutics, Inc.. ”, “Zander”,  “Company”, “we”, or “our”, unless the context otherwise requires, mean Zander Therapeutics, Inc., a Nevada corporation.

 1 

 

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

 

This annual report on Form 10-K and other reports that we file with the SEC contain statements that are considered forward-looking statements.  Forward-looking statements give the Company’s current expectations, plans, objectives, assumptions or forecasts of future events. All statements other than statements of current or historical fact contained in this annual report, including statements regarding the Company’s future financial position, business strategy, budgets, projected costs and plans and objectives of management for future operations, are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “anticipate,” “estimate,” “plans,” “potential,” “projects,” “ongoing,” “expects,” “management believes,” “we believe,” “we intend,” and similar expressions. These statements are based on the Company’s current plans and are subject to risks and uncertainties, and as such the Company’s actual future activities and results of operations may be materially different from those set forth in the forward looking statements. Any or all of the forward-looking statements in this annual report may turn out to be inaccurate and as such, you should not place undue reliance on these forward-looking statements.  The Company has based these forward-looking statements largely on its current expectations and projections about future events and financial trends that it believes may affect its financial condition, results of operations, business strategy and financial needs. The forward-looking statements can be affected by inaccurate assumptions or by known or unknown risks, uncertainties and assumptions due to a number of factors, including:

 

dependence on key personnel;
competitive factors;
degree of success of research and development programs
the operation of our business; and
general economic conditions

 

These forward-looking statements speak only as of the date on which they are made, and except to the extent required by federal securities laws, we undertake no obligation to update any forward-looking statements to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events. In addition, we cannot assess the impact of each factor on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. All subsequent written and oral forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by the cautionary statements contained in this annual report.

 2 

 

PART I 

Item 1. Business

We were incorporated June 18, 2015 under the laws of the State of Nevada. We intend to engage primarily in the development and commercialization of veterinary medical therapies which we intend to license from other entities as well as develop internally. As of September 14, 2018 we have not licensed, developed or commercialized any existing veterinary medical therapies, however we have licensed certain intellectual properties from Regen Biopharma, Inc. , a company under common control with us, and these intellectual properties comprise the therapeutic concept behind ZAN-100 and ZAN-200, two therapies in early stage development by the Company.

License Granted By Regen Biopharma, Inc.

On June 23, 2015 Regen Biopharma, Inc. (“Regen”) entered into an agreement (“Agreement”) with The Company whereby Regen granted to The Company an exclusive worldwide right and license for the development and commercialization of certain intellectual property controlled by Regen for non-human veterinary therapeutic use for a term of fifteen years. The Agreement was amended on September 12, 2017 to grant an exclusive worldwide right and license for the development and commercialization of all intellectual property controlled by Regen exclusive of trademarks (“License IP”) for non-human veterinary therapeutic use. The Agreement was further amended on December 15, 2017 excluding intellectual property licensed to Regen by Benitec Australia, Ltd from the license grant to the Company as well as rights to US Patent #8389708 and US Patent #8263571.

Pursuant to the Agreement, The Company shall pay to Regen a one-time, non-refundable, upfront payment of one hundred thousand US dollars ($100,000) as a license initiation fee which must be paid within 90 days of June 23, 2015 and an annual non-refundable payment of one hundred thousand US dollars ($100,000) on July 15th, 2016 and each subsequent anniversary of the effective date of the Agreement.

The abovementioned payments may be made, at The Company’s discretion, in cash or newly issued common stock of The Company or in common stock of Enteat Group, Inc. (“ENTB”) valued as of the lowest closing price on the principal exchange upon which said common stock trades publicly within the 14 trading days prior to issuance. Entest Group, Inc. is under common control with Zander.

Pursuant to the Agreement, The Company shall pay to Regen royalties equal to four percent (4%) of the Net Sales, as such term is defined in the Agreement, of any Licensed Products, as such term is defined in the Agreement, in a Quarter.

Pursuant to the Agreement, The Company will pay Regen ten percent (10%) of all consideration (in the case of in-kind consideration, at fair market value as monetary consideration) received by The Company from sublicensees (excluding royalties from sublicensees based on Net Sales of any Licensed Products for which Regen receives payment pursuant to the terms and conditions of the Agreement).

The Company is obligated pay to Regen minimum annual royalties of ten thousand US dollars ($10,000) payable per year on each anniversary of the Effective Date of this Agreement, commencing on the second anniversary of June 23, 2015. This minimum annual royalty is only payable to the extent that royalty payments made during the preceding 12-month period do not exceed ten thousand US dollars ($10,000).

 3 

 

The Agreement may be terminated by Regen:

If The Company has not sold any Licensed Product by ten years of the effective date of the Agreement or The Company has not sold any Licensed Product for any twelve (12) month period after The Company’s first commercial sale of a Licensed Product.

The Agreement may be terminated by The Company with regard to any of the License IP if by five years from the date of execution of the Agreement a patent has not been granted by the United States patent and Trademark Office to Regen with regard to that License IP.

The Agreement may be terminated by The Company with regard to any of the License IP if a patent that has been granted by the United States patent and Trademark Office to Regen with regard to that License IP is terminated.

The Agreement may be terminated by either party in the event of a material breach by the other party.

The Chairman and Chief Executive Officer of Regen is David R. Koos who also serves as the Chairman and Chief Executive Officer of the Company.

The President of Regen is Harry Lander who also serves as President of the Company.

The Chief Financial Officer of Regen is Todd Caven who also serves as Chief Financial Officer of the Company.

As of September 14, 2018, we have not licensed, developed or commercialized any existing veterinary medical therapies. Intellectual properties licensed to Zander by Regen Biopharma, Inc., a company under common control with us, comprise the therapeutic concept behind ZAN-100 and ZAN-200, two therapies in early stage development by Zander.

NR2F6

Both of Zander’s products under development will operate through either inhibition or activation by small (low molecular weight) molecules of the nuclear receptor NR2F6. Nuclear receptors are a class of proteins found within cells that are responsible for sensing certain other molecules. In response, these receptors work with other proteins to regulate the expression of specific genes.

ZAN-100

ZAN-100 is intended to be a veterinary cancer therapy. In the opinion of Zander, the studies performed by Hermann-Kleiter et al. (The Nuclear Orphan Receptor NR2F6 Is a Central Checkpoint for Cancer Immune Surveillance. Cell Reports 12, 2072–2085 (2015)) demonstrate that the inhibition of NR2F6 in T cells may yield anti-cancer benefits in companion animals. The studies indicate that, in the presence of NR2F6, T cell activation is limited within the tumor microenvironment. Zander believes that inhibition of NR2F6 removes a barrier to the animal’s own immune system’s ability to attack cancer cells. ZAN-100 is intended to be a small molecule therapy whose mode of action will be the inhibition of NR2F6.

High throughput screening assays conducted for Regen Biopharma, Inc. (the licensor of the intellectual property which forms the basis for Zander’s products in development) between July and September of 2016 on thirty thousand compounds yielded four newly discovered small molecule compounds which (a) can bind to the relevant structure in a cellular system and (b) show evidence of the ability to modulate the effects of NR2F6.

ZAN-200

ZAN-200 is intended to be a veterinary arthritis therapy. Rheumatoid arthritis is an immune-mediated disease. This means it is caused by an overreaction of the immune system. In rheumatoid arthritis, the body mistakes some of its own protein for foreign protein. It then makes antibodies against its own protein. In the opinion of Zander, suppression of the immune system through activation of NR2F6 in those immune cells would be an effective therapy. ZAN-200 is intended to operate by activating NR2F6 in the animals’ immune cells.

 4 

 

Ex-vivo assays were performed using immune cells from five dog blood samples. Data derived from those tests demonstrated the ZAN-200 may inhibit T cell activation and production of cytokines, particularly IL-17 and IL-2. IL-17 and IL-2 have been shown to create inflammatory responses leading to arthritic conditions.

We have filed applications with the United States Patent and Trademark Office for patent protection with respect to internally developed intellectual property covering our products in development. As of November 22, 2017 no patent protection has been granted to any intellectual property developed by Zander.

Neither the Company nor Zander has undertaken any discussions with any pharmaceutical companies regarding the commercialization of any products under development. None of Zander or the Company’s products have been approved by any regulatory body for marketing within the United States or anywhere else. No assurance can be given that all or any of Zander’s currently planned products will ever be commercialized.

Development Conducted to Date

High Throughput Screening Assay

Initial high throughput screening assays were performed in July to September of 2016 by the contract research organization Proteros, GMBH for Regen Biopharma, Inc. This assay is based on Regen Biopharma Inc.’s screening assay whereby the full-length or ligand-binding domain of NR2F6 Reporter gene assays are used to screen for compounds that modulate gene expression via binding to nuclear hormone receptors. Transfer of this assay to ChemDiv, Inc., another contract research organization, by Regen Biopharma, Inc. was effected in January, 2017.

In molecular biology, a reporter gene is a gene that researchers attach to a regulatory sequence of another gene of interest in bacteria, cell culture, animals or plants. Certain genes are chosen as reporters because the characteristics they confer on organisms expressing them are easily identified and measured, or because they are selectable markers. Reporter genes are often used as an indication of whether a certain gene has been taken up by or expressed in the cell or organism population.

High Throughput Screens (HTS) are recent scientific methods in which hundreds of thousands of experimental samples are subjected to simultaneous testing under given conditions. Through this process one can rapidly identify active compounds, antibodies, or genes that modulate a particular biomolecular pathway. The results of these experiments provide starting points for drug design and for understanding the interaction or role of a particular biochemical process in biology.

HTS performed on behalf of Regen Biopharma, Inc. have been ongoing as of September 9, 2016. As of September 9, 2016 four newly discovered small molecule compounds which (a) can bind to the relevant structure in a cellular system and (b) show evidence of the ability to modulate activity of NR2F6 have been discovered.

Results of any studies conducted by Regen Biopharma, Inc. are being made available to Zander Therapeutics, Inc. for use in veterinary drug development and commercialization.

Ex Vivo Assay

Ex-vivo assays were performed using immune cells from canine blood samples from five dogs. The samples were treated with compound at various concentrations and the supernatant assayed for the presence of various cytokines using ELISA-based assays. Enzyme-linked immunosorbent assay (ELISA is a biochemical technique used mainly in immunology to detect the presence of an antibody or an antigen in a sample). These assays were commenced in May, 2017 and are ongoing as of September 14, 2018.

Data derived from the five dog study indicated that the ZAN-200 series drugs could inhibit T cell activation and production of cytokines, particularly IL-17 and IL-2. IL-17 and IL-2 have been shown to create inflammatory responses leading to arthritic conditions.

 5 

 

Collaboration Agreement

On July 5, 2018 Zander entered into a collaboration and development agreement (“Agreement”) with Ampersand Biopharmaceuticals, Inc. (“Ampersand”) whereby the parties agreed to cooperate in a research and development program to establish the use of NR2F6 agonists and antagonists coupled with Ampersand’s proprietary transdermal drug delivery system (“Amperzans”) in the treatment of various disorders such as arthritis, atopic dermatitis and cancer in companion animals such as dogs and cats.

Ownership of inventions arising during and in the course of the Parties’ performance under the Agreement, and related intellectual property rights, shall be jointly owned by both parties with the following exceptions :

Ampersand shall solely own all Inventions relating to the Ampersand Technology (technology claims related Ampersand’s transdermal penetration and delivery and any Improvements made thereto during the term of the agreement) and/or to methods of using or manufacturing the Ampersand Technology, whether made by employees, independent contractors or agents of either Party or jointly by employees, independent contractors or agents of both Parties (“Ampersand Inventions”). Such Inventions and patents and patent applications claiming such Inventions are included in this agreement with the same rights and privileges as Background Rights.

Zander shall solely own all Inventions relating to the Zander Technology (technology claims related to the NR2F6 Agonist or Antagonist) ..and/or to methods of using or manufacturing the Zander Technology, whether made by employees, independent contractors or agents of either Party or jointly by employees, independent contractors or agents of both Parties (“Zander Inventions”). Such Inventions and patents and patent applications claiming such Inventions are included in this agreement with the same rights and privileges as Background Rights.

The agreement is contingent upon each party successfully funding its part of the research and development work to be performed by Ampersand and Zander pursuant to the Agreement (“ Workplan”) , estimated by the parties to be approximately $1,330,000 per party. Should sufficient funds fail to be raised by both Parties the Agreement and associated Workplan are null and void. The Agreement does not impose any responsibility on any party to complete said funding.

The Term of the Agreement shall commence on the Effective Date and will continue unless terminated due to material breach by either party , financial insolvency of either party or the mutual written consent of the Parties. Upon thirty (30) days' written notice, either Party shall be entitled to terminate its financial and developmental obligations under this Agreement for convenience, including, but not limited to either Party having no further business interest in the Development Program.

Any successful monetization of Developed Technology will result in the equal sharing (i.e. 50% to Ampersand and 50% to Zander) of any consideration related to such Developed Technology including, but not limited to, equity, up-front, royalty, milestone and other payments or in-kind consideration associated with any sale, license or sublicense agreement. Such equal sharing of any consideration will be net of any expenses incurred. Should the Developed Technology be developed, marketed, commercialized and/or sold by either Party, the expenses and revenues of such activity will be shared equally. Developed Technology is defined in the Agreement as any and all ideas, inventions, work of authorship, work product, materials, technologies, discoveries, improvements, know-how, techniques, and other deliverables, whether patentable or unpatentable, copyrightable or uncopyrightable, including, but not limited to, any documentation, formula, design, device, code, improvement, method, process, discovery, concept, development, machine or contribution, that a Party conceives, makes, reduces to practice or develops, in whole or in part, alone or in conjunction with others, during or as a result of conducting the development program contemplated by this Agreement.

 6 

 

 

Neither party shall be entitled to practice, commercialize, market, develop, or otherwise derive a benefit from, financial or otherwise ("Exploit"), or grant third parties, including Affiliates, any rights under the Developed Technology or Development Rights in the Field to make, have made, use, have used, sell, have sold, offer to sell or import, Commercialize, or otherwise Exploit Developed Products in the Field, or grant any third party, including Affiliates, any rights to do any of the above, without the prior written consent of the other Party.

A Developed Product is defined in the Agreement as any product for use in the Field that is developed during the Term of this Agreement (i) the making, manufacture, use, sale or importation of which is covered by any Development Rights, and/or (ii) which includes or incorporates any Developed Technology. “Development Rights” are defined in the Agreement as any and all patent, copyright, trademark, trade secret and other intellectual property rights in and to the Developed Technology, whether now known or hereafter recognized in any jurisdiction. Field as defined in the Agreement means the use of Amperzans for the treatment of any malady in dogs or cats

Distribution methods of the products or services:

It is anticipated that Zander will enter into licensing and/or sublicensing agreements with outside entities in order that Zander may obtain royalty income on the products and services which it may develop and commercialize.

Competitive business conditions and Zander's competitive position in the industry and methods of competition

We have yet to achieve revenues or profits. The veterinary pharmaceutical industry in which we intend to compete are highly competitive and characterized by rapid technological advancement. Many of our competitors have greater resources than we do.

We intend to be competitive by utilizing the services and advice of individuals that we believe have expertise in their field in order that we can concentrate our resources on projects in which products and services in which we have the greatest potential to secure a competitive advantage  may be developed and commercialized .

To that effect, Zander has entered into nonemployee consulting agreements with individuals who we believe have a high level of expertise in their professional fields and who have agreed to provide counsel and assistance to Zander in (a) determining the viability of proposed projects (b) obtaining financing for projects and (c) obtaining the resources required to initiate and complete a project in the most cost effective and rapid manner.

These individuals are as follows:

Brian Devine

Mr. Brian Devine has agreed to act as Chairman of Zander’s Business Advisory Board.

Mr. Devine has served as Chairman Emeritus of Petco Holdings, Inc. from March 2016 to October 2016, Chairman of the Board of Directors of Petco Animal Supplies Stores, Inc. from 1994 until March 2016 and as President and Chief Executive Officer of PETCO Animal Supplies, Inc. from 1990 until 2004.

On June 21, 2017 Zander entered into an agreement (“Agreement”) with Mr. Brian Devine whereby Mr. Devine shall serve as Chairman of Zander’s Business Advisory Board.

The term of the Agreement shall commence on June 23, 2017 and shall expire on June 23, 2020. The term of the Agreement may be extended by mutual agreement.

Pursuant to the Agreement:

(a)Mr. Devine shall, for so long as he remains a member of the Business Advisory Board, meet with Zander upon written request, at dates and times mutually agreeable to Candidate and Zander, to discuss any matter involving Zander or its Subsidiaries
(b)Identify and introduce to Zander persons to serve as members of Zander's Business Advisory Board ("Advisory Candidates").
(c)Identify and introduce to Zander potential purchasers of Zander's securities.

 7 

 

 

Pursuant to the Agreement:

(i)Mr. Devine received 500,000 of the common shares of Zander.
(ii)In the event that an Advisory Candidate identified and introduced by Mr. Devine to Zander serves as a member of the Business Advisory Board of Zander, Mr. Devine shall receive, ten business days subsequent to the completion of 12 months service by the Advisory Candidate as a member of the Business Advisory Board of Zander, a fee paid in the common shares of Zander, equal to 5% of any shares of Zander issued to the Advisory Candidate.

Dr. Thomas Donnelly, DVM

Dr. Thomas Donnelly has agreed to act as a Senior Veterinary Advisor to Zander. Dr. Donnelly is a board-certified specialist in the field of laboratory animal medicine, an Adjunct Associate Professor at Tufts University Cummings School of Veterinary Medicine and a Professor at Ecole Nationale Veterinaire d’Alfort, a French public institution of scientific research and higher education in veterinary medicine.

On August 7, 2017 Zander entered into an agreement (“Agreement”) with Dr. Donnelly whereby Dr. Donnelly shall serve as Senior Veterinary Advisor to Zander. The term of the Agreement shall be from August 17, 2017 and shall expire on August 16, 2018. The term of this Agreement may be extended by mutual consent.

Pursuant to the Agreement:

(a)Dr. Donnelly shall advise Zander on various nominal matters regarding veterinary ''Nominal" is defined as periodic conversations in which Dr. Donnelly is asked for a referral to an appropriate researcher on a specific topic or input on research data Zander is developing.
(b)In the event Dr. Donnelly is requested to provide research services, such services will be negotiated separately between Dr. Donnelly and Zander.

As consideration for his services pursuant to this Agreement, Dr. Donnelly received 500,000 of Zander’s Series M Preferred Shares on August 21, 2017.

Dr. Donnelly is also party to another agreement between Entest Group, Inc. and Dr. Donnelly (“ENTB Agreement”) whereby Dr. Donnelly shall provide similar services to Zander as those to be provided under the Agreement.

Consideration pursuant to the ENTB Agreement was 100,000 shares of the Series B Preferred Stock of ENTB (“Compensation Shares”).Within 30 business days subsequent to the effective date of a Registration Statement filed under the Securities Act of 1933, as amended, registering common shares of Zander (“Zander Registration Statement”) Donnelly shall have the right to exchange up to the total number of the Compensation Shares issued pursuant to the terms and conditions of the ENTB Agreement for an equivalent number of the common shares of Zander Therapeutic, Inc. six months subsequent to the date that the Zander Registration Statement is declared effective by the United States Securities and Exchange Commission. The term of the ENTB Agreement is March 1, 2017 to February 29, 2019.

Dr. Thomas Ichim, PhD Senior Research Consultant

Dr. Thomas Ichim has agreed to act as Senior Research Consultant to Zander. Dr. Ichim has served as a director and as President of Creative Medical Technology, Inc. since February 2016, and has served Chief Scientific Officer of Creative Medical Technology Holdings, Inc. since March 2017. Between 2007 and 2015 Dr. Ichim served as Chief Science Officer, Chief Executive Officer, President, and member of the Board of Directors of MediStem Inc., a San Diego-based company engaged in development of endometrial regenerative cells which was acquired in 2014 by Intrexon Corporation. From 2004 until 2007 he served as program manager for biorasi LLC, a clinical research organization. Between October 2012 and September 2015 Dr. Ichim served as Chief Scientific Officer and Director of research at Regen Biopharma, Inc., a company under common control with Zander. Thomas Ichim serves at will and is not party to a consulting contract with Zander

 8 

 

 

Debbie Dorsee Director of Business Development

Ms. Debbie Dorsee has agreed to act as Director of Business Development for Zander. Ms. Dorsee is the founder and principal officer of the Dorsee Company, a San Diego based public relations firm. Debbie Dorsee serves at will and is not party to a consulting contract with Zander.

Dr. Linda L. Black, DVM, PhD

Dr. Linda L. Black has agreed to act as a Senior Veterinary Advisor to Zander.

On March 20, 2017 the Company entered into an agreement (“Agreement”) with Dr. Black whereby Dr. Black shall serve as Senior Veterinary Advisor to Zander. The term of the Agreement shall be from March 20 2017 and shall expire on March 19, 2018. The term of this Agreement may be extended by mutual consent.

Pursuant to the Agreement:

(a)Dr. Black shall advise Zander on various nominal matters regarding veterinary ''Nominal" is defined as periodic conversations in which Dr. Donnelly is asked for a referral to an appropriate researcher on a specific topic or input on research data Zander is developing.
(b)In the event Dr. Black is requested to provide research services, such services will be negotiated separately between Dr. Black and Zander.
(c)As consideration of the performance of services pursuant to this Agreement, Black shall receive 100,000 shares of the Series B Preferred Stock of the Company (“Compensation Shares”).Within 30 business days subsequent to the effective date of a Registration Statement filed under the Securities Act of 1933, as amended, registering common shares of Zander (“Zander Registration Statement”) Black shall have the right to exchange up to the total number of the Compensation Shares issued pursuant to the terms and conditions of this Agreement for an equivalent number of the common shares of Zander Therapeutic, Inc. six months subsequent to the date that the Zander Registration Statement is declared effective by the United States Securities and Exchange Commission.

Dr. Black currently serves as Chief Operating Officer and Vice President of Clinical Science for Medicus Biosciences, a biotech company focused on drug delivery for ophthalmology, advanced wound healing, osteoarthritis, and regenerative medicine applications both veterinary and non-veterinary.

On June 20th, 2017 Zander issued 500,000 of Zander’s Series M Preferred shares as consideration for services provided by Dr. Black to Zander.

Jonathan Baell, Ph.D.

 

On August 16th 2017 Professor Jonathan Baell entered into an agreement (“Agreement”) with Zander whereby, pursuant to the Agreement:

(a)Baell shall advise Zander on various nominal matters regarding veterinary. ''Nominal" is defined as periodic conversations in which Baell is asked for a referral to an appropriate researcher on a specific topic or input on research data Zander is developing.
(b)In the event Baell is requested to provide research services, such services will be negotiated separately between Baell and Zander.

 

 9 

 

 

The term of the Agreement is from August 17, 2017 to August 18, 2018. Baell was issued 400,000 of Zander’s Series M Preferred stock pursuant to the terms of the Agreement. 100,000 of Zander’s Series M Preferred stock was issued to Baell prior to entering into the Agreement.

Prof. Jonathan Baell, Ph.D. is a Larkins Fellow, Co-Director of the Australian Translational Medicinal Chemistry Facility and an National Health and Medical Research Council Senior Research Fellow at Monash Institute of Pharmaceutical Sciences (MIPS) located in Australia.

Robin Gasser Ph.D., BVM, DVM, DVSc

On August 7th 2017 Professor Robin Gasser entered into an agreement (“Agreement”) with Zander whereby, pursuant to the Agreement:

(a)Gasser shall advise Zander on various nominal matters regarding veterinary ''Nominal" is defined as periodic conversations in which Gasser is asked for a referral to an appropriate researcher on a specific topic or input on research data Zander is developing.
(b)In the event Gasser is requested to provide research services, such services will be negotiated separately between Gasser and Zander.

 

The term of the Agreement is from August 17, 2017 to August 16, 2018. Gasser was issued 500,000 of Zander’s Series M Preferred stock pursuant to the terms of the Agreement.

Prof. Gasser is a Professor at the University of Melbourne Faculty of Veterinary Science and serves as President of the Australian Society for Parasitology

Joey Herrick

On July 29, 2018 Zander entered into an agreement (“Agreement”) with Mr. Joey Herrick whereby Mr. Harrick shall serve as a member of Zander’s Business Advisory Board.

The term of the Agreement shall expire on November 15, 2020. The term of the Agreement may be extended by mutual agreement.

Pursuant to the Agreement:

(a)   Mr. Herrick shall, for so long as he remains a member of the Business Advisory Board, meet with Zander upon written request, at dates and times mutually agreeable to Candidate and Zander, to discuss any matter involving Zander or its Subsidiaries

 

(b)   Identify and introduce to Zander persons to serve as members of Zander's Business Advisory Board ("Advisory Candidates").

(C)   Identify and introduce to Zander potential purchasers of Zander’s securities.

Pursuant to the Agreement:

(i)Mr. Harrick received 250,000 of the common shares of Zander.
(ii)In the event that an Advisory Candidate identified and introduced by Mr. Harrick to Zander serves as a member of the Business Advisory Board of Zander, Mr. Harrick shall receive, ten business days subsequent to the completion of 12 months service by the Advisory Candidate as a member of the Business Advisory Board of Zander, a fee paid in the common shares of Zander, equal to 5% of any shares of Zander issued to the Advisory Candidate.

Mr. Harrick was previously the founder and president of Natural Balance Pet Foods. Mr Harrick is the founder of the Lucy Pet Foundation.

 10 

 

Sources and availability of raw materials and the names of principal suppliers

The supplies and materials required to conduct our operations are available through a wide variety of sources and may be obtained through a wide variety of sources.

Patents, trademarks, licenses, franchises, concessions, royalty agreements or labor contracts, including duration

Other than that license granted by Regen to the Company whereby Regen granted to the Company an exclusive worldwide right and license for the development and commercialization of intellectual property controlled by Regen for non-human veterinary therapeutic use for a term of fifteen years, the Company has not been granted any license to develop and commercialize any third party intellectual property.

The Company has been granted no patents. Certain intellectual property licensed to the Company by Regen has been granted patent protection (“Patented IP”). The Patented IP is as follows:

US Patent #9091696

MODULATION OF NR2F6 AND METHODS AND USES THEREOF

The application provides methods of modulating NR2F6 in a cell or animal in need thereof by administering an effective amount of a NR2F6 modulator.

The Patent granted is a Utility patent.

The Patent expires on November 16, 2029.The product candidates to which US Patent #9091696 relates include ZAN 100 and ZAN 200.

Patent# 10,030227 B2,

CANINE AUTOLOGOUS IMMUNOTHERAPY USING DENDRITIC CELL INDUCED CANCER KILLING IMMUNOCYTES

 

The Company has no trademarks.

The Company is not party to any binding labor contracts. 

 

 11 

 

 

Need for any government approval of principal products or services, effect of existing or probable governmental regulations on the business

The Center for Veterinary Medicine (“CVM”) at the United States Food and Drug Administration (“FDA”) regulates animal pharmaceuticals under the Food, Drug and Cosmetics Act. Our current proposed products are animal pharmaceuticals regulated by the CVM. Manufacturers of animal health pharmaceuticals must show their products to be safe, effective and produced by a consistent method of manufacture. The new animal drug approval process is complicated. Before a new animal drug may receive FDA approval, the sponsor must establish that the new animal drug is safe and effective. Drug sponsors must submit a New Animal Drug Application (NADA) along with supporting data, including all adverse effects associated with the drug's use. The NADA must also include information on the drug's chemistry; composition and component ingredients; manufacturing methods, facilities, and controls; proposed labeling; analytical methods for residue detection and analysis if applicable; an environmental assessment; and other information. The sponsor of a new animal drug is responsible for submitting all appropriate data to establish effectiveness and safety. If the drug product is intended for use in a food-producing animal, residues in food products must also be established as safe for human consumption. FDA review of the NADA submitted by drug sponsors is extremely detailed and comprehensive. The CVM’s basis for approving a drug application is documented in a Freedom of Information Summary. . We will be required to conduct post-approval monitoring of FDA approved pharmaceutical products and to submit reports of product quality defects, adverse events or unexpected results to the CVM’s Surveillance and Compliance group. No assurance may be given that ZAN-100, ZAN-200 or any new animal drug product which the Company may develop will be approved by the FDA to be marketed and sold. Regulatory authorities in countries outside of the United States and Europe also have requirements for approval of veterinary drug candidates with which we must comply prior to marketing in those countries. Obtaining regulatory approval for marketing of a product candidate in one country does not ensure that we will be able to obtain regulatory approval in any other country.

Amount spent during the last fiscal year on research and development activities

During the fiscal year ended June 30, 2018 we expended $1,669,734 on research and development activities. 

Costs and effects of compliance with environmental laws (federal, state and local); 

Zander has not incurred any unusual or significant costs to remain in compliance with any environmental laws and does not expect to incur any unusual or significant costs to remain in compliance with any environmental laws in the foreseeable future. 

Number of total employees and number of full-time employees 

As of September 14, 2018, Zander has 4 employees, of which 3 employees devote an average of 25 hours a week to the affairs of the Company and of which one is full time.

Properties

The Company utilizes approximately 2,300 square feet of office space at 4700 Spring Street, Suite 304, La Mesa California, 91941. This space was provided to the Company by Entest Group, Inc. on a month to month basis free of charge until July 5, 2018. 

On July 3, 2018 Zander entered into a sublease agreement with Entest Group, Inc. whereby Zander would sublet the aforementioned office space located at 4700 Spring Street, Suite 304, La Mesa, California 91942 from Entest Group Inc. on a month to month basis for $6,000 per month beginning July 5, 2018.

The property is utilized as office space. We believe that the foregoing properties are adequate to meet our current needs for office space. While it is anticipated that the Company will require access to laboratory facilities in the future, the Company believes that access to such facilities are available from a variety of sources. 

 12 

 

 

Item 3. Legal Proceedings 

None 

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

No matter was submitted during the fourth quarter of the fiscal year covered by this report to a vote of security holders, through the solicitation of proxies or otherwise.

PART II 

Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities 

There has never been and there currently is no public market for our securities. We anticipate applying for trading of our common stock on the over the counter bulletin board (OTC BB) or the OTCQB Tier operated by OTC Markets Group , however, we can provide no assurance that our shares will be traded on the bulletin board or, if traded, that a public market will materialize.

The stockholders' equity section of the Company contains the following classes of capital stock as September 14, 2018:

Common stock, $ 0.0001 par value; 100,000,000 shares authorized: 6033001 shares issued and outstanding.

With respect to each matter submitted to a vote of stockholders of the Corporation, each holder of Common Stock shall be entitled to cast that number of votes which is equivalent to the number of shares of Common Stock owned by such holder times one (1).

On any voluntary or involuntary liquidation, dissolution or winding up of the Corporation, the holders of the Common Stock shall receive, out of assets legally available for distribution to the Company's stockholders, a ratable share in the assets of the Corporation.

Preferred Stock, $0.0001 par value, 50,000,000 shares authorized of which 10,000,000 is designated as Series M Preferred Stock and 1,000,000 is designated Series AA Preferred Stock: 9,000,000 shares of Series M Preferred Stock are issued and outstanding as of September 14, 2018 and 200 shares of Series AA Preferred Stock are issued and outstanding as of September 14, 2018.

With respect to each matter submitted to a vote of stockholders of the Corporation, each holder of Series M Preferred Stock shall be entitled to cast that number of votes which is equivalent to the number of shares of Series M Preferred Stock owned by such holder times one (1).

On any voluntary or involuntary liquidation, dissolution or winding up of the Corporation, the holders of the Series M Preferred Stock shall receive, out of assets legally available for distribution to the Company's stockholders, a ratable share in the assets of the Corporation.

With respect to each matter submitted to a vote of stockholders of the Corporation, each holder of Series AA Preferred Stock shall be entitled to cast that number of votes which is equivalent to the number of shares of Series AA Preferred Stock owned by such holder times ten thousand (10,000).

Holders

As of September 14, 2018 there were approximately 101 holders of our Common Stock. 

Dividends 

No cash dividends were paid during the fiscal year ending June 30.2018. We do not expect to declare cash dividends in the immediate future.

 13 

 

 

Recent Sales of Unregistered Securities

On October 30, 2017Zander issued 900,000 of its common shares (“Shares”) for consideration of $900,000

The Shares were issued pursuant to Section 4(a) (2) of the Securities Act of 1933, as amended. No underwriters were retained to serve as placement agents for the sale. The Shares were sold directly through our management. No commission or other consideration was paid in connection with the sale of the Shares. There was no advertisement or general solicitation made in connection with this Offer and Sale of Shares. A legend was placed on the certificate that evidences the Shares stating that the Shares have not been registered under the Act and setting forth or referring to the restrictions on transferability and sale of the Shares.

On February 5, 2018, Zander issued 100,000 of its common shares (“Shares”) for consideration of $200,000.

The Shares were issued pursuant to Section 4(a) (2) of the Securities Act of 1933, as amended. No underwriters were retained to serve as placement agents for the sale. The Shares were sold directly through our management. No commission or other consideration was paid in connection with the sale of the Shares. There was no advertisement or general solicitation made in connection with this Offer and Sale of Shares. A legend was placed on the certificate that evidences the Shares stating that the Shares have not been registered under the Act and setting forth or referring to the restrictions on transferability and sale of the Shares.

On February 27, 2018, Zander issued 150,000 of its common shares (“Shares”) for consideration of $300,000

The Shares were issued pursuant to Section 4(a) (2) of the Securities Act of 1933, as amended. No underwriters were retained to serve as placement agents for the sale. The Shares were sold directly through our management. No commission or other consideration was paid in connection with the sale of the Shares. There was no advertisement or general solicitation made in connection with this Offer and Sale of Shares. A legend was placed on the certificate that evidences the Shares stating that the Shares have not been registered under the Act and setting forth or referring to the restrictions on transferability and sale of the Shares.

On July 10, 2017 the Company issued 100,000 of its Series M Shares (“Shares”) for Services.

The Shares were issued pursuant to Section 4(a) (2) of the Securities Act of 1933, as amended. No underwriters were retained to serve as placement agents for the sale. The Shares were sold directly through our management. No commission or other consideration was paid in connection with the sale of the Shares. There was no advertisement or general solicitation made in connection with this Offer and Sale of Shares. A legend was placed on the certificate that evidences the Shares stating that the Shares have not been registered under the Act and setting forth or referring to the restrictions on transferability and sale of the Shares.

On July 10, 2017 the Company issued 100,000 common shares (“Shares”) to the Chairman of the Company’s Business Advisory Board for consideration of $100,000.

The Shares were issued pursuant to Section 4(a) (2) of the Securities Act of 1933, as amended. No underwriters were retained to serve as placement agents for the sale. The Shares were sold directly through our management. No commission or other consideration was paid in connection with the sale of the Shares. There was no advertisement or general solicitation made in connection with this Offer and Sale of Shares. A legend was placed on the certificate that evidences the Shares stating that the Shares have not been registered under the Act and setting forth or referring to the restrictions on transferability and sale of the Shares.

 14 

 

 

On July 10, 2017 the Company issued 500,000 common shares (“Shares”) to the Chairman of the Company’s Business Advisory Board as consideration for services. 

The Shares were issued pursuant to Section 4(a) (2) of the Securities Act of 1933, as amended. No underwriters were retained to serve as placement agents for the sale. The Shares were sold directly through our management. No commission or other consideration was paid in connection with the sale of the Shares. There was no advertisement or general solicitation made in connection with this Offer and Sale of Shares. A legend was placed on the certificate that evidences the Shares stating that the Shares have not been registered under the Act and setting forth or referring to the restrictions on transferability and sale of the Shares. 

On August 21, 2017 the Company issued 1,400,000 of its Series M Shares (“Shares”) for Services.

The Shares were issued pursuant to Section 4(a) (2) of the Securities Act of 1933, as amended. No underwriters were retained to serve as placement agents for the sale. The Shares were sold directly through our management. No commission or other consideration was paid in connection with the sale of the Shares. There was no advertisement or general solicitation made in connection with this Offer and Sale of Shares. A legend was placed on the certificate that evidences the Shares stating that the Shares have not been registered under the Act and setting forth or referring to the restrictions on transferability and sale of the Shares.

On September 15, 2017 the Company issued 200 of the Series AA Preferred Shares (“Shares”) of the Company to the Company’s Chief Executive Officer in consideration of services rendered.

 The Shares were issued pursuant to Section 4(a) (2) of the Securities Act of 1933, as amended. No underwriters were retained to serve as placement agents for the sale. The Shares were sold directly through our management. No commission or other consideration was paid in connection with the sale of the Shares. There was no advertisement or general solicitation made in connection with this Offer and Sale of Shares. A legend was placed on the certificate that evidences the Shares stating that the Shares have not been registered under the Act and setting forth or referring to the restrictions on transferability and sale of the Shares.

On July 12, 2018 Zander sold 50,000 of its common shares (“Shares”) for consideration of $100,000

 The Shares were issued pursuant to Section 4(a) (2) of the Securities Act of 1933, as amended. No underwriters were retained to serve as placement agents for the sale. The Shares were sold directly through our management. No commission or other consideration was paid in connection with the sale of the Shares. There was no advertisement or general solicitation made in connection with this Offer and Sale of Shares. A legend was placed on the certificate that evidences the Shares stating that the Shares have not been registered under the Act and setting forth or referring to the restrictions on transferability and sale of the Shares.

On August 21, 2018 the Company sold 500,000 of its common shares (“Shares”) for consideration of $500,000

 The Shares were issued pursuant to Section 4(a) (2) of the Securities Act of 1933, as amended. No underwriters were retained to serve as placement agents for the sale. The Shares were sold directly through our management. No commission or other consideration was paid in connection with the sale of the Shares. There was no advertisement or general solicitation made in connection with this Offer and Sale of Shares. A legend was placed on the certificate that evidences the Shares stating that the Shares have not been registered under the Act and setting forth or referring to the restrictions on transferability and sale of the Shares.

 15 

 

On August 21, 2018 the Company sold 50,000 of its common shares (“Shares”) for consideration of $100,000

 The Shares were issued pursuant to Section 4(a) (2) of the Securities Act of 1933, as amended. No underwriters were retained to serve as placement agents for the sale. The Shares were sold directly through our management. No commission or other consideration was paid in connection with the sale of the Shares. There was no advertisement or general solicitation made in connection with this Offer and Sale of Shares. A legend was placed on the certificate that evidences the Shares stating that the Shares have not been registered under the Act and setting forth or referring to the restrictions on transferability and sale of the Shares.

On September 6, 2018 the Company issued 250,000 of its common shares (“Shares”) to a member of the Company’s Business Advisory Board as consideration for services.

 The Shares were issued pursuant to Section 4(a) (2) of the Securities Act of 1933, as amended. No underwriters were retained to serve as placement agents for the sale. The Shares were sold directly through our management. No commission or other consideration was paid in connection with the sale of the Shares. There was no advertisement or general solicitation made in connection with this Offer and Sale of Shares. A legend was placed on the certificate that evidences the Shares stating that the Shares have not been registered under the Act and setting forth or referring to the restrictions on transferability and sale of the Shares. 

On September 6, 2018 the Company issued 100,000 of its common shares “Shares”) for consideration of $100,000

 The Shares were issued pursuant to Section 4(a) (2) of the Securities Act of 1933, as amended. No underwriters were retained to serve as placement agents for the sale. The Shares were sold directly through our management. No commission or other consideration was paid in connection with the sale of the Shares. There was no advertisement or general solicitation made in connection with this Offer and Sale of Shares. A legend was placed on the certificate that evidences the Shares stating that the Shares have not been registered under the Act and setting forth or referring to the restrictions on transferability and sale of the Shares.

On September 6, 2018 the Company issued 50,000 of its common shares (“Shares”) for consideration of $100,000

The Shares were issued pursuant to Section 4(a) (2) of the Securities Act of 1933, as amended. No underwriters were retained to serve as placement agents for the sale. The Shares were sold directly through our management. No commission or other consideration was paid in connection with the sale of the Shares. There was no advertisement or general solicitation made in connection with this Offer and Sale of Shares. A legend was placed on the certificate that evidences the Shares stating that the Shares have not been registered under the Act and setting forth or referring to the restrictions on transferability and sale of the Shares.

On September 6, 2018 the Company issued 275,000 of its common shares (“Shares”) to the Chairman of the Company’s Business Advisory Board as consideration for services.

The Shares were issued pursuant to Section 4(a) (2) of the Securities Act of 1933, as amended. No underwriters were retained to serve as placement agents for the sale. The Shares were sold directly through our management. No commission or other consideration was paid in connection with the sale of the Shares. There was no advertisement or general solicitation made in connection with this Offer and Sale of Shares. A legend was placed on the certificate that evidences the Shares stating that the Shares have not been registered under the Act and setting forth or referring to the restrictions on transferability and sale of the Shares.

 16 

 

Item 6. Selected Financial Data

As we are a “smaller reporting company” as defined by Rule 229.10(f)(1), we are not required to provide the information required by this Item.

Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations 

As of June 30, 2018 we had Cash of $370,313 and as of June 30, 2017 we had Cash of $96,005.

The increase in Cash of approximately 286% is primarily attributable to the sale of $1,500,000 of equity securities for cash offset by the cost of operating the Company’s business, payment of $119,089 of principal indebtedness, payment of accrued expenses due to Regen Biopharma, Inc., payment of interest due to Entest Group, Inc. and prepayment of fees due to Regen Biopharma, Inc.

As of June 30, 2018 we had Prepaid Expenses to Related parties of $66,239 and as of June 30, 2017 we had prepaid expenses to Related Parties of $0.

The increase in Prepaid Expenses to Related Parties is primarily attributable to prepayment of fees due to Regen Biopharma, Inc.

As of June 30, 2018 we had Prepaid Expenses of $650 and as of June 30, 2017 we had Prepaid Expenses of $0.

The increase in Prepaid Expenses of $650 is primarily attributable to $616 advanced to the Company’s Chief Financial Officer to be applied toward expenses to be incurred by the Chief Financial Officer on the Company’s behalf. 

As of June 30, 2018 we had $35,000 due from related parties and as of June 30, 2017 we had $0 due from related Parties.

$35,000 due from related parties as of June 30, 2018 consists of funds advanced to Entest Group, Inc. by the Company in contemplation of the purchase by the Company of 3,500,000 of the Series A preferred Shares of Regen Biopharma, Inc. owned by Entest Group, Inc. from Entest Group, Inc. On July 3, 2018 Zander purchased the aforementioned 3,500,000 of the Series A preferred Shares of Regen Biopharma, Inc. owned by Entest Group, Inc. from Entest Group, Inc. for the price of $35,000 USD cash.

As of June 30, 2018 we had Accounts Payable of $1,087,969 and as of June 30, 2017 we had Accounts Payable of $0.

The increase in Accounts Payable is attributable to:

$1,070,000 due to a Contract Research Organization.

$12,969 due and payable for legal services rendered

$5,000 due and payable for consulting services rendered.

As of June 30, 2018 we had Notes Payable, Related Party of $0 and as of June 30, 2017 we had Notes Payable, Related Party of $119,089.

The reduction in Notes Payable, Related Party is attributable to the repayment by the Company of principal indebtedness due to Entest Group, Inc. during the fiscal year ended June 30, 2018. 

As of June 30, 2018 we had Accrued Expenses , Related Party of $0 and as of June 30, 2017 we had Accrued Expenses, Related Party of $107,343.

 17 

 

 

The decrease in Accrued Expenses, Related Party is attributable to satisfaction by the Company of accrued expenses due to Regen Biopharma, Inc.

As of June 30, 2018 we had Accrued Expenses of $11,593 and as of June 30, 2017 we had Accrued Expenses of $818.

The increase in Accrued Expenses of 1,317% is attributable to:

$9,444 of salary Accrued but unpaid due to the Company’s Chief Executive Officer

$1,330 of Employment Taxes accrued but unpaid. 

Material Changes in Results of Operations

Revenues from continuing operations were $0 for the year ended June 30, 2018 and -0- for the year ended June 30, 2017. Net Losses from continuing operations were $2,181,505 for the year ended June 30, 2018 and $260,085 for the same period ended 2017.

The increase in Net Losses of 738.77% is primarily attributable to greater Research and Development, General and Administrative and Consulting costs incurred during the year ended June 20 2018 as compared to the year ended June 30, 2017.

As of June 30, 2018 we had $370,313 Cash on Hand and Current Liabilities of $1,099,562, such Liabilities consisting of Accounts Payable and Accrued Expenses.

We feel we will not be able to satisfy our cash requirements over the next twelve months and shall be required to seek additional financing.

We currently plan to raise additional funds primarily by offering securities for cash.

On June 12, 2018 Zander Therapeutics, Inc. ( the “Company”) entered into an agreement with Dakoy Capital Markets, LLC whereby the Company retained the services of Dakoy Capital Markets, LLC (“Placement Agent”) to assist the Company in offering of shares of the Company (the “Securities” or “Shares”) for sale on a best efforts basis (“Offering”) .. Placement Agent is obligated to use its best efforts to introduce the Company to accredited investors, which may include corporations, partnerships, mutual funds, hedge funds, investment partnerships, securities firms, lending and other institutions and entities, as well as select high net worth individuals (collectively, the “Purchasers”) for the purposes of participating in the Offering. The Company retains the right to employ other agents in connection with the sale of the Securities and the Offering is anticipated to commence within 30 days of the execution of the abovementioned agreement.

 18 

 

As compensation for its activities, the Placement Agent shall be paid a commission as follows:

A.Cash commission in an amount equal to seven percent (7%) of the total principal amount of gross proceeds of any Securities purchased by investors first introduced to the Company by the Placement Agent (“PA Investors”) and accepted by the Company (such persons being hereinafter referred to as the “PA Investor(s)”), and
B.Options exercisable for five (5) years from the date the Offering closes, to purchase that number of Shares equal to five percent (5%) of the number of Shares of Company sold in the Offering to PA Investors (the “Options Compensation” and together with the Cash Compensation, the “Placement Agent Compensation”). Such options shall be granted at each Closing at an exercise price per share equal to the price of the shares paid by the investors in the Offering. Such Option Compensation shall provide, among other things that the options shall:

1. expire five (5) years from the date of issuance; and

2. provide for “cashless” exercise; and

3. such other terms as are normal and customary for warrants issued to placement agents, including the same registration rights and other rights received by the investors in the Offering.

There is no guarantee that we will be able to raise any capital through any type of offerings. We cannot assure that we will be successful in obtaining additional financing necessary to implement our business plan. We have not received any commitment or expression of interest from any financing source that has given us any assurance that we will obtain the amount of additional financing in the future that we currently anticipate. For these and other reasons, we are not able to assure that we will obtain any additional financing or, if we are successful, that we can obtain any such financing on terms that may be reasonable in light of our current circumstances.

As of September 14, 2018 we are not party to any binding agreements which would commit Zander to any material capital expenditures.

Item 7A. Quantitative and Qualitative Disclosures About Market Risk

As we are a smaller reporting company, as defined by Rule 229.10(f)(1), we are not required to provide the information required by this Item.

 19 

 

Item 8. Financial Statements and Supplementary Data

 

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

 

To the Board of Directors and Stockholders of

Zander Therapeutics, Inc.

 

Opinion on the Financial Statements

We have audited the accompanying balance sheets of Zander Therapeutics, Inc. (the “Company”) as of June 30, 2018 and June 30, 2017 and the related statements of operations, stockholders’ equity, and cash flows for each of the years in the two-year period ended June 30, 2018, and the related notes and schedules (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of June 30, 2018 and June 30, 2017, and the results of its operations and its cash flows for each of the years in the two-year period ended June 30, 2018 in conformity with accounting principles generally accepted in the United States of America.

Basis for Opinion

These financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on the Company’s financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits, we are required to obtain an understanding of internal control over financial reporting, but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control over financial reporting. Accordingly, we express no such opinion.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 3 to the financial statements, the Company has no revenues, has negative working capital at June 30, 2018, has incurred recurring losses and recurring negative cash flow from operating activities, and has an accumulated deficit which raises substantial doubt about its ability to continue as a going concern. Management’s plans concerning these matters are also described in Note 3. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

 

/s/ AMC Auditing 

AMC Auditing
We have served as the Company’s auditor since 2017

Las Vegas, Nevada

September 17, 2018

 20 

 

Zander Therapeutics, Inc          
BALANCE SHEET          
           
           
    

As of

June 30, 2018

    

As of

June 30, 2017

(as restated)

 
ASSETS          
CURRENT ASSETS          
Cash   370,313    96,005 
Prepaid Expenses, Related Parties   66,239      
Prepaid Expenses   650    0 
Due From Related Party   35,000      
Total Current Assets   472,202    96,005 
Total Assets   472,202    96,005 
LIABILITIES          
Current Liabilities:          
Accounts Payable   1,087,969      
Notes Payable, Related Party   0    119,089 
Accrued Expenses, Related Parties        107,343 
Accrued Expenses   11,593    818 
Total Current Liabilities   1,099,562    227,250 
Total Liabilities   1,099,562    227,250 
           
STOCKHOLDER'S EQUITY          
Common Stock, Authorized 100,000,000, $0.0001 Par Value 4,758,001 shares and 3,008,001 shares issued and outstanding as of June 30, 2018 and June 30, 2017 respectively   475    301 
Preferred Stock, $0.0001 par value  Authorized  50,000,000 as of June 30, 2017 and June 30, 2018          
Series M Preferred Stock, $0.0001 par,  Authorized 10,000,000 as of June 30, 2017 and June 30, 2018 9,000,00 shares and 7,500,000 shares outstanding as of June 30, 2018 and June 30, 2017 Respectively   900    750 
Common Stock subscribed for but unissued , 100000 and 100,000 shares as of June 30, 2018 and June 30, 2017 respectively   100,000    100,000 
Series AA Preferred Stock, $0.0001 par, Authorized 1,000,000 and 0 as of June 30, 2018 and June 30, 2017, respectfully 200 and 0 shares outstanding as of June 30, 2018 and June 30, 2017 , respectfully   0      
Additional Paid In Capital   1,620,689    120,814 
Contributed Capital, Related Party   413,878    228,687 
Retained Deficit   (2,763,302)   (581,796)
Total Stockholder's Equity   (627,359)   (131,244)
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY   472,202    96,005 
           
The Accompanying Notes are an Integral Part of These Financial Statements

 21 

 

 

Zander Therapeutics, Inc      
STATEMENT OF OPERATIONS      
       
       
    

Year Ended

June 30, 2018

    

Year Ended

June 30, 2017
(as restated)

 
 TOTAL REVENUES          
 COSTS AND EXPENSES          
 Research and Development:          
 License Fees Due to Related Party   100,000    110,000 
 Contract Research Fees   1,569,584    12,600 
 Consulting Costs   150    2,000 
 Total Research and Development   1,669,734    124,600 
 General and Administrative:          
 General and Administrative, Paid By Related Party   68,600    72,000 
 Stock Payments to Related Party        650 
 General and Administrative   67,097    3,632 
 Total General and Administrative   135,697    76,282 
 Rent, Paid By Related Party   36,792    38,502 
 Consulting:          
 Consulting Costs, Paid by Related Party   79,799      
 Consulting Costs   249,569    17,952 
 Total Consulting   329,368    17,952 
 Total Costs and Expenses   2,171,592    257,336 
           
 OPERATING LOSS   (2,171,592)   (257,336)
 OTHER INCOME AND EXPENSES          
 Interest Income, Related Party        148 
 Interest Expense, Related Party   (9,913)   (2,079)
 Interest Expense        (818)
 Total Other Income ( Expenses)   (9,913)   (2,749)
 NET INCOME (LOSS) Before taxes   (2,181,505)   (260,085)
 Income Taxes   —      —   
 NET INCOME (LOSS)   (2,181,505)   (260,085)
           
 BASIC AND FULLY DILUTED EARNINGS (LOSS) PER SHARE   (0.510)   (0.261)
 WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING   4,281,267    996,297 
           
 The Accompanying Notes are an Integral Part of These Financial Statements

 

 22 

 

 

Zander Therapeutics, Inc                  
STATEMENT OF SHAREHOLDERS EQUITY               
For the period from July 1, 2016 to June 30, 2018                  
                   
                                  
   Common  Series M  Preferred           Series AA      
   Shares  Amount  Shares  Amount  Additional Paid-in
Capital
  Common Stock Subscribed For
but Unissued
  Contributed
Capital
  Shares  Amount  Retained Earnings  Total
Balance June 30, 2016   1    0              0         118,185              (321,711)   (203,526)
Additions to Contributed Capital                                 110,502                   110,502 
Shares issued to Parent , March 1 , 2017   3,000,000    300              100,815                             101,115 
Shares issued for cash April 10, 2017   8,000    1              19,999                             20,000 
Shares issued for services June 15 2017             7,500,000    750                                  750 
Common Shares Subscribed but Unissued June 22, 2017                            100,000                        100,000 
Net Loss                                                (260,085)   (260,085)
Balance June 30, 2017   3,008,001    301    7,500,000    750    120,814    100,000    228,687    0    0    (581,796)   (131,244)
Additions to Contributed Capital                                 185,191                   185,191 
Common Shares Issued for Cash July 10, 2017   100,000    10              99,990    (100,000)                       0 
Common Shares issued for Services July 10, 2017   500,000    50                                            50 
Preferred Shares issued for Services July 10, 2017             100,000    10                                  10 
Preferred Shares issued for Services August 21, 2017             1,400,000    140                                  140 
Preferred Shares issued for Services September 15,2017                                      200    0         0 
Common Shares issued for Cash October 30, 2017   900,000    90              899,910                             900,000 
Common Shares issued for Cash February 5, 2018   100,000    10              199,990                             200,000 
Common Shares issued for Cash February 27, 2018   150,000    15              299,985                             300,000 
Common Shares Subscribed but Unissued June 16, 2018                            100,000                        100,000 
Net Loss                                                (2,181,505)   (2,181,505)
Balance June 30, 2018   4,758,001    475    9,000,000    900    1,620,689    100,000    413,878    200    0    (2,763,302)   (627,358)

The Accompanying Notes are an Integral Part of These Financial Statements

 23 

 

 

Zander Therapeutics, Inc      
STATEMENT OF CASH FLOWS      
       
   Year Ended
June 30, 2018
  Year Ended
June 30, 2017
(as restated)
CASH FLOWS FROM OPERATING ACTIVITIES          
Net Income (Loss)   (2,181,505)   (260,085)
Adjustments to reconcile net Income (loss) to net cash:          
Stock Issued for Expenses   162    750 
Changes in Operating Assets and Liabilities          
Increase (Decrease) in Accounts Payable   1,087,969      
Increase (Decrease) in Accrued Expenses   (96,565)   5,749 
(Increase) Decrease in Due from Related Party   (35,000)     
(Increase) Decrease in Prepaid Expenses   (66,854)     
Net Cash provided by (used) in Operating Activities   (1,291,792)   (253,586)
CASH FLOWS FROM FINANCING ACTIVITIES          
Common Stock Issued for Cash   1,500,000    120,000 
Increase (Decrease) in Contributed Capital   185,189    110,502 
Increase (Decrease) in Notes Payable   (119,089)   119,089 
Net Cash provided by (used) in Financing Activities   1,566,100    349,591 
           
Net Increase (Decrease) in Cash   274,308    96,005 
           
Cash at Beginning of Period   96,005    —   
Cash at End of Period   370,313    96,005 
           
Supplemental Disclosure of Noncash investing and financing activities:          
Common Shares issued for Debt        101,115 
Cash Paid for Interest   12,642      
           
The Accompanying Notes are an Integral Part of These Financial Statements

 

 24 

 

 

ZANDER THERAPEUTICS, INC.

Notes to Financial Statements

As of June 30, 2018

 

NOTE 1. ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

 

Zander Therapeutics , Inc. (“Company”) was organized June 18, 2015 under the laws of the State of Nevada. As of June 30, 2018 36% of the outstanding share capital of the Company is owned by Entest Group, Inc. Entest Group, Inc. is under common control with the Company.

 

The Company intends to engage primarily in the development of veterinary medical applications which we intend to license from other entities as well as develop internally.

 

A. BASIS OF ACCOUNTING

 

The financial statements have been prepared using the basis of accounting generally accepted in the United States of America. Under this basis of accounting, revenues are recorded as earned and expenses are recorded at the time liabilities are incurred. The Company has adopted a June 30year-end.

 

B. 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. Actual results could differ from those estimates.

 

C. CASH EQUIVALENTS

 

The Company considers all highly liquid investments with a maturity of three months or less when purchased to be cash equivalents.

   

D. PROPERTY AND EQUIPMENT

 

Property and equipment are recorded at cost. Maintenance and repairs are expensed in the year in which they are incurred. Expenditures that enhance the value of property and equipment are capitalized.

 

E. FAIR VALUE OF FINANCIAL INSTRUMENTS

 

Fair value is the price that would be received for an asset or the exit price that would be paid to transfer a liability in the principal or most advantageous market in an orderly transaction between market participants on the measurement date.  A fair value hierarchy requires an entity to maximize the use of observable inputs, where available. The following summarizes the three levels of inputs required by the standard that the Company uses to measure fair value:

 

Level 1:  Quoted prices in active markets for identical assets or liabilities

 

Level 2:  Observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the related assets or liabilities.

 

Level 3:  Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities

 25 

 

F. INCOME TAXES

 

The Company accounts for income taxes using the liability method prescribed by ASC 740, “Income Taxes.” Under this method, deferred tax assets and liabilities are determined based on the difference between the financial reporting and tax bases of assets and liabilities using enacted tax rates that will be in effect in the year in which the differences are expected to reverse. The Company records a valuation allowance to offset deferred tax assets if based on the weight of available evidence, it is more-likely-than-not that some portion, or all, of the deferred tax assets will not be realized. The effect on deferred taxes of a change in tax rates is recognized as income or loss in the period that includes the enactment date.

 

The Company applied the provisions of ASC 740-10-50, “Accounting For Uncertainty In Income Taxes”, which provides clarification related to the process associated with accounting for uncertain tax positions recognized in our financial statements. Audit periods remain open for review until the statute of limitations has passed. The completion of review or the expiration of the statute of limitations for a given audit period could result in an adjustment to the Company’s liability for income taxes. Any such adjustment could be material to the Company’s results of operations for any given quarterly or annual period based, in part, upon the results of operations for the given period. As of June 30, 2018 the Company had no uncertain tax positions, and will continue to evaluate for uncertain positions in the future.

 

The Company generated a deferred tax credit through net operating loss carry forward.  However, a valuation allowance of 100% has been established.

 

Interest and penalties on tax deficiencies recognized in accordance with ACS accounting standards are classified as income taxes in accordance with ASC Topic 740-10-50-19.

 

G.  BASIC EARNINGS (LOSS) PER SHARE

 

The Financial Accounting Standards Board (FASB) issued Accounting Standards Codification (ASC) 260, "Earnings Per Share", which specifies the computation, presentation and disclosure requirements for earnings (loss) per share for entities with publicly held common stock. ASC 260 requires the presentation of basic earnings (loss) per share and diluted earnings (loss) per share. The Company has adopted the provisions of ASC 260 effective from inception.

 

Basic net loss per share amounts is computed by dividing the net income by the weighted average number of common shares outstanding.

 

H. ADVERTISING

 

Costs associated with advertising are charged to expense as incurred. Advertising expenses were $0 for the years ended June 30, 2018 and June 30, 2017.

 

I. RESEARCH AND DEVELOPMENT COSTS

 

Research and development expenses relate primarily to the cost of discovery and research programs. Research and development costs are charged to expense as incurred. Research and development expenses consist mainly of License Fees paid to Regen Biopharma, Inc, fees paid to Contract Research Organizations (“CRO”) conducting studies on the Company’s behalf, and fees paid to consultants conducting research studies.

 

License Fees paid to Regen Biopharma, Inc. are accrued over the course of the reporting period. The Companies make payments to CROs based on agreed-upon terms and the Company generally accrues expenses based on services performed or over the term of the agreement, as applicable.

 

 26 

 

 

J. STOCK BASED COMPENSATION

 

Stock issued for Non-Employee Services

 

Stock Based compensation to non-employees is accounted for in accordance with ASC 505-50. ASC 505-50 requires entities to account for non-employee equity transactions based on either the fair value of the services received or the fair value of the equity instrument issued utilizing whichever measurement is most reliable. Stock issued for compensation to non employees during the quarter ended September 30, 2017 were accounted for at the fair value of the equity instruments issued as there were no dollar amounts billed to the Company for services rendered by the non employees .

 

In determining the Fair Value of shares issued as compensation, the Company took into account factors including the financial condition of the Company at the time of grant , the Company’s lack of profitability, the frequency and amount of cash sales of the Company’s stock, and the Company’s negative working capital as of the time of grant.

 

Pursuant to ASC 505-50-30-11 an issuer shall measure the fair value of the equity instruments in these transactions using the stock price and other measurement assumptions as of the earlier of the following dates, referred to as the measurement date:

i.        The date at which a commitment for performance by the counterparty to earn the equity instruments is reached (a performance commitment); and

ii.        The date at which the counterparty’s performance is complete.

 

The Company has assessed that the date of issuance of the stock grant constituted commitment for performance therefore stock grants to nonemployees issued during the period were measured as of the issue date.

 

The following Summarizes the Company’s issuance of stock for nonemployee services for the quarter ended September 30, 2017:

 

Series M Preferred  Shares      
   Number of Shares  Weighted Average Fair Value
Balance July 1, 2016      
Unvested Shares   0      
Vested Shares   6,000,000    600 
Total July 1, 2017   6,000,000    600 
Shares Issued Vested   1,500,000    150 
Balance June 30, 2018   7,500,000    750 

 

Common Shares                
      Number of Shares       Weighted Average Fair Value  
Balance July 1, 2016                
Unvested Shares     0          
Vested Shares     0          
Total July 1, 2017     0          
Shares Issued Vested     500,000       50  
Balance June  30, 2018      500,000       50  

  

In determining Fair Value for shares issued to nonemployees an asset based valuation method was utilized , specifically Enterprise Value(Assets Less Cash and Cash Equivalents plus Fair Value of Debt) less Fair Value of Debt. The following inputs were utilized.

 27 

 

500,000 of the Common Shares of the Company and 100,000 of the Series M Preferred Shares of the Company issued on July 10, 2017:

 

Fair Value of  Intellectual Property as of July 10, 2017  $1,145 
Notes Payable as of July 10, 2017  $119,089 
Accrued Expenses as of July 10, 2017  $106,499 
Enterprise Value as of July 10, 2017 (subtotal)  $226,733 
Less Total Debt:  $(225,588)
Portion of Enterprise Value attributable to Shareholders  $1,145 
Per Shares Portion of Enterprise Value attributable to Shareholders  $0.000102 

 

1,400,000 of the Series M Preferred Shares of the Company issued August 21, 2017

 

Fair Value of  Intellectual Property as of August 21, 2017  $1,145 
Notes Payable as of August 21, 2017  $221,941 
Accrued Expenses as of August 21, 2017  $5,349 
Enterprise Value as of August 21, 2017(subtotal)  $228,435 
Less Total Debt  $(227,290)
Portion of Enterprise Value attributable to Shareholders  $1,145 
Per Share Portion of Enterprise Value attributable to Shareholders  $0.00009 

 

Stock issued for Employee Compensation 

 

Stock based compensation to employees is accounted for at the award’s fair value at grant, less the amount (if any) paid by the award recipient.

 

In determining the Fair Value of shares issued as compensation, the Company took into account factors including the financial condition of the Company at the time of grant , the Company’s lack of profitability, the frequency and amount of cash sales of the Company’s stock, and the Company’s negative working capital as of the time of grant.

 

Series AA Preferred  Shares  
    Number of Shares       Weighted Average Fair Value  
Balance July 1, 2016              
Unvested Shares   0          
Vested Shares   0          
Total July 1, 2017   0          
Vested Shares Issued   200       3.6
Balance 6/30/2018   200       3.6  

 

In determining Fair Value for shares issued to employees an asset based valuation method was utilized. The following inputs were utilized; specifically Enterprise Value (Assets Less Cash and Cash Equivalents plus Fair Value of Debt). The following inputs were utilized:

 

200 Shares of the Company’s Series AA Preferred Stock issued September 15, 2017 

Fair Value of  Intellectual Property as of September 15, 2017   $ 1,145  
Notes Payable as of September 15, 2017   $ 216,941  
Accrued Expenses as of September 15, 2017   $ 6,848  
Enterprise Value   $ 224,934  
Per Share Portion of Enterprise Value attributable to Shareholders   $ 0.018  

 28 

 

 

K. CONCENTRATION OF CREDIT RISK

 

As of June 30, 2018 the Company held $370,313 in one depository institution. The standard deposit insurance coverage limit is $250,000 per depositor, per FDIC-insured bank, per ownership category. Any and all amounts above the insured limit is at risk of loss.

 

NOTE 2 .  RECENT ACCOUNTING PRONOUNCEMENTS

 

June 2014, the Financial Accounting Standards Board issued Accounting Standards Update No. 2014-10, which eliminated certain financial reporting requirements of companies previously identified as "Development Stage Entities" (Topic 915). The amendments in this ASU simplify accounting guidance by removing all incremental financial reporting requirements for development stage entities. The amendments also reduce data maintenance and, for those entities subject to audit, audit costs by eliminating the requirement for development stage entities to present inception-to-date information in the statements of income, cash flows, and shareholder equity. Early application of each of the amendments is permitted for any annual reporting period or interim period for which the entity's financial statements have not yet been issued (public business entities) or made available for issuance (other entities). Upon adoption, entities will no longer present or disclose any information required by Topic 915. The Company has adopted this standard.

 

The following accounting standards updates were recently issued and have not yet been adopted by the Company. These standards are currently under review to determine their impact on the Company’s consolidated financial position, results of operations, or cash flows.

 

In May 2014, FASB issued Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers. The revenue recognition standard affects all entities that have contracts with customers, except for certain items. The new revenue recognition standard eliminates the transaction-and industry-specific revenue recognition guidance under current GAAP and replaces it with a principle-based approach for determining revenue recognition. Public entities are required to adopt the revenue recognition standard for reporting periods beginning after December 15, 2016, and interim and annual reporting periods thereafter. Early adoption is not permitted for public entities. The Company has reviewed the applicable ASU and has not, at the current time, quantified the effects of this pronouncement, however it believes that there will be no material effect on the consolidated financial statements.

In June 2014, FASB issued Accounting Standards Update (ASU) No. 2014-12 Compensation — Stock Compensation (Topic 718), Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period. A performance target in a share-based payment that affects vesting and that could be achieved after the requisite service period should be accounted for as a performance condition under Accounting Standards Codification (ASC) 718, Compensation — Stock Compensation. As a result, the target is not reflected in the estimation of the award's grant date fair value. Compensation cost would be recognized over the required service period, if it is probable that the performance condition will be achieved. The guidance is effective for annual periods beginning after 15 December 2015 and interim periods within those annual periods. Early adoption is permitted. The Company has reviewed the applicable ASU and has not, at the current time, quantified the effects of this pronouncement, however it believes that there will be no material effect on the consolidated financial statements.

In August 2014, FASB issued Accounting Standards Update (ASU) No. 2014-15 Preparation of Financial Statements – Going Concern (Subtopic 205-40), Disclosure of Uncertainties about an Entity's Ability to Continue as a Going Concern. Under generally accepted accounting principles (GAAP), continuation of a reporting entity as a going concern is presumed as the basis for preparing financial statements unless and until the entity's liquidation becomes imminent. Preparation of financial statements under this presumption is commonly referred to as the going concern basis of accounting. If and when an entity's liquidation becomes imminent, financial statements should be prepared under the liquidation basis of accounting in accordance with Subtopic 205-30, Presentation of Financial Statements—Liquidation Basis of Accounting. Even when an entity's liquidation is not imminent, there may be conditions or events that raise substantial doubt about the entity's ability to continue as a going concern. In those situations, financial statements should continue to be prepared under the going concern basis of accounting, but the amendments in this Update should be followed to determine whether to disclose information about the relevant conditions and events. The amendments in this Update are effective for the annual period ending after December 15, 2016, and for annual periods and interim periods thereafter. Early application is permitted. The Company will evaluate the going concern considerations in this ASU, however, at the current period, management does not believe that it has met the conditions which would subject these financial statements for additional disclosure.

 

 29 

 

 

NOTE 3. GOING CONCERN

 

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. The Company generated net losses of $ 2,763,302 during the period from June 18, 2015 (inception) through June 30, 2018. This condition raises substantial doubt about the Company's ability to continue as a going concern. The Company's continuation as a going concern is dependent on its ability to meet its obligations, to obtain additional financing as may be required and ultimately to attain profitability. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

 

Management plans to raise additional funds by offering securities for cash. Management has yet to decide what type of offering the Company will use or how much capital the Company will raise. There is no guarantee that the Company will be able to raise any capital through any type of offerings. During the year ended June 30, 2018 the Company raised $1,500,000 through the sale of equity securities for cash.

 

NOTE 4. INCOME TAXES

 

As of June 30, 2018

 

Deferred tax assets:   
Net operating tax carry forwards  $580,293 
Other   -0- 
Gross deferred tax assets   580,293 
Valuation allowance   (580,293)
Net deferred tax assets  $-0- 

 

As of June 30, 2018 the Company has a Deferred Tax Asset of $580,293 completely attributable to net operating loss carry forwards of approximately $2,763,302   (which expire 20 years from the date the loss was incurred).

 

Realization of deferred tax assets is dependent upon sufficient future taxable income during the period that deductible temporary differences and carry forwards are expected to be available to reduce taxable income. The achievement of required future taxable income is uncertain.

 

In addition, if as a result of a stock transfer or a reorganization, a corporation undergoes an “ownership change,” Code Section 382 limits the corporation’s right to use its NOLs each year thereafter to an annual percentage of the fair market value of the corporation at the time of the ownership change (the “Section 382 Limitation”).

 

A corporation is considered to undergo “an ownership change” if, as a result of changes in the stock ownership by “5-percent shareholders” or as a result of certain reorganizations, the percentage of the corporation’s stock owned by those 5-percent shareholders increases by more than 50 percentage points over the lowest percentage of stock owned by those shareholders at any time during the prior three-year testing period. Five-percent shareholders are persons who hold 5% or more of the stock of a corporation at any time during the testing period as well as certain groups of shareholders (based typically on whether they acquired their shares in a single offering or exchange transaction) who are not individually 5-percent shareholders.

 

As the Company will require cash infusions in order to implement its business plan, and as it is probable, although not guaranteed, that such funding needs may be met through the sale of equity securities to “5-percent shareholders”, the Company recognized a valuation allowance equal to the deferred Tax Asset and the Company recorded a valuation allowance reducing all deferred tax assets to 0.

 

Income tax is calculated at the 21% Federal Corporate Rate.

 

 30 

 

 

NOTE 5. RELATED PARTY TRANSACTIONS

The Company utilizes approximately 2,300 square feet of office space at 4700 Spring Street, Suite 304, La Mesa California, 91941provided to the Company by Entest Group, Inc. on a month to month basis free of charge. The Chief Executive Officer of Entest Group Inc. is David R. Koos who also serves as the Chief Executive Officer of the Company.

As of June 30, 2018 the Company has received capital contributions from Entest Group, Inc. totaling $413,878

On June 23, 2015 Regen Biopharma, Inc. ( “Regen”) entered into an agreement (“Agreement”) with The Company whereby Regen granted to The Company an exclusive worldwide right and license for the development and commercialization of certain intellectual property controlled by Regen (“ License IP”) for non-human veterinary therapeutic use for a term of fifteen years.

 

Pursuant to the Agreement, The Company shall pay to Regen one-time, non-refundable, upfront payment of one hundred thousand US dollars ($100,000) as a license initiation fee which must be paid within 90 days of June 23, 2015 and an annual non-refundable payment of one hundred thousand US dollars ($100,000) on July 15th, 2016 and each subsequent anniversary of the effective date of the Agreement

 

The abovementioned payments may be made, at The Company’s discretion, in cash or newly issued common stock of The Company or in common stock of Entest Group Inc. valued as of the lowest closing price on the principal exchange upon which said common stock trades publicly within the 14 trading days prior to issuance.

 

Pursuant to the Agreement, The Company shall pay to Regen royalties equal to four percent (4%) of the Net Sales , as such term is defined in the Agreement, of any Licensed Products, as such term is defined in the Agreement, in a

 

Pursuant to the Agreement, The Company will pay Regen ten percent (10%) of all consideration (in the case of in-kind consideration, at fair market value as monetary consideration) received by The Company from sublicensees ( excluding royalties from sublicensees based on Net Sales of any Licensed Products for which Regen receives payment pursuant to the terms and conditions of the Agreement).

 

The Company is obligated pay to Regen minimum annual royalties of ten thousand US dollars ($10,000) payable per year on each anniversary of the Effective Date of this Agreement, commencing on the second anniversary of June 23, 2015. This minimum annual royalty is only payable to the extent that royalty payments made during the preceding 12-month period do not exceed ten thousand US dollars ($10,000).

 

The Agreement may be terminated by Regen:

 

If The Company has not sold any Licensed Product by ten years of the effective date of the Agreement or The Company has not sold any Licensed Product for any twelve (12) month period after The Company’s first commercial sale of a Licensed Product.

 

The Agreement may be terminated by The Company with regard to any of the License IP if by five years from the date of execution of the Agreement a patent has not been granted by the United States patent and Trademark Office to Regen with regard to that License IP.

 

The Agreement may be terminated by The Company with regard to any of the License IP if a patent that has been granted by the United States patent and Trademark Office to Regen with regard to that License IP is terminated.

 

The Agreement may be terminated by either party in the event of a material breach by the other party.

 

The Chairman and Chief Executive Officer of Regen is David R. Koos who also serves as the Chairman and Chief Executive Officer of the Company.

 

The President of Regen is Harry Lander who also serves as President of the Company.

 

The Chief Financial Officer of Regen is Todd Caven who also serves as Chief Financial Officer of the Company.

 

On July 24, 2017 Entest Group, Inc. issued 102,852 of its Non Voting Convertible Preferred Stock to Regen in satisfaction of $102,852 of liabilities incurred pursuant to the Agreement.

 31 

 

 

During the quarter ended December 31, 2017 the Company paid $58,000 to Regen, such amounts to be applied toward minimum royalties which become due and payable pursuant to the Agreement. 

 

During the quarter ended March 31, 2018 the Company paid $20,000 to Regen, such amounts to be applied toward minimum royalties which become due and payable pursuant to the Agreement. 

 

On February 7, 2018 Regen and Zander agreed to a 10% reduction of Zander’s June 2018 Annual Anniversary Fee obligation if Zander pays such fee on or before February 10, 2018. $90,000 was paid by Zander in satisfaction of the June 2018 Annual Anniversary Fee during the quarter ended March 31, 2018.

 

On March 1, 2017 the Company issued 3,000,000 common shares to Entest Group, Inc. Consideration rendered to the Company by Entest Group, Inc. consisted of payment by Entest Group, Inc. on behalf of the Company of a license initiation fee of $100,000 owed by the Company to Regen and incorporation costs of $1,115 borne by Entest Group, Inc. on behalf of the Company . 

 

On June 15, 2017 the Company issued 5,000,000 Series M Preferred Shares to Entest Group, Inc. in consideration of services rendered.

 

On June 15, 2017 the Company issued 500,000 Series M Preferred Shares to David Koos in consideration of services rendered.

 

On June 15, 2017 the Company issued 500,000 Series M Preferred Shares to Todd Caven in consideration of services rendered.

 

During the year ended June 30, 2017 the Company made principal payments of $69,000 to Entest Group Inc on Notes Payable. During the quarter ended September 30, 2017 the Company made principal payments of $23,000 to Entest Group, Inc.During the quarter ended December 31, 2017 the Company made principal payments of $97,500 to Entest Group, Inc. During the quarter ended March 31, 2018 the Company made principal payments of $90,000 to Entest Group, Inc. During the quarter ended June 30, 2018 the Company made principal payments of $11,441 and interest payments of $12,642 to Entest Group, Inc.

During the quarter ended June 30, 2018 the Company transferred funds totaling $35,000 to Entest Group Inc. in anticipation of entering into an agreement to purchase 3,500,000 of the Series A Preferred shares of Regen Biopharma, Inc. owned by Entest Group, Inc.

The Company has recognized $36,792 of rental expenses for the year ended June 30, 2018. This expense is equal to 100% of the rent paid by Entest Group, Inc. for space occupied by the Company. The Company estimates that the cost that would have been incurred if the Company had operated as an unaffiliated entity during the period would have been identical.

 

The Company has recognized $68,600 of General and Administrative expenses paid by a related party during the year ended June 30, 2018. This expense is equal to 60% of the salary expense incurred by Entest Group, Inc. for the salary of David R. Koos, the Company’s Chief Executive Officer. It is estimated by the Company that 60% of David Koos’ professional time during the year ended June 30, 2018 was spent on activities which benefitted the Company. The Company estimates that the cost that would have been incurred if the Company had operated as an unaffiliated entity during the period would have been in the range of $68,600 to $114,333.

 

 32 

 

 

NOTE 6. STOCKHOLDERS' EQUITY

 

The stockholders' equity section of the Company contains the following classes of capital stock as June, 2018:

 

Common stock, $ 0.0001 par value; 100,000,000 shares authorized: 4,758,001 shares issued and outstanding.

With respect to each matter submitted to a vote of stockholders of the Corporation, each holder of Common Stock shall be entitled to cast that number of votes which is equivalent to the number of shares of Common Stock owned by such holder times one (1).

On any voluntary or involuntary liquidation, dissolution or winding up of the Corporation, the holders of the Common Stock shall receive, out of assets legally available for distribution to the Company's stockholders, a ratable share in the assets of the Corporation.

Preferred Stock, $0.0001 par value, 50,000,000 shares authorized of which

(a) 10,000,000 is designated as Series M Preferred Stock: 9,000,000 shares of Series M Preferred Stock are issued and outstanding as of June 30, 2018

With respect to each matter submitted to a vote of stockholders of the Corporation, each holder of Series M Preferred Stock shall be entitled to cast that number of votes which is equivalent to the number of shares of Series M Preferred Stock owned by such holder times one (1).

On any voluntary or involuntary liquidation, dissolution or winding up of the Corporation, the holders of the Series M Preferred Stock shall receive, out of assets legally available for distribution to the Company's stockholders, a ratable share in the assets of the Corporation.

(b) 1,000,000 is designated as Series AA Preferred Stock: 200 shares of Series AA Preferred Stock are issued and outstanding as of June 30, 2018,

With respect to each matter submitted to a vote of stockholders of the Corporation, each holder of Series AA Preferred Stock shall be entitled to cast that number of votes which is equivalent to the number of shares of Series AA Preferred Stock owned by such holder times 10,000 (10,000).

On any voluntary or involuntary liquidation, dissolution or winding up of the Corporation, the holders of the Series AA Preferred Stock shall receive, out of assets legally available for distribution to the Company's stockholders, a ratable share in the assets of the Corporation.

NOTE 7. STOCK TRANSACTIONS

On October 30, Zander issued 900,000 of its common shares for consideration of $900,000

On February 5, 2018, Zander issued 100,000 of its common shares for consideration of $200,000.

On February 27, 2018, Zander issued 150,000 of its common shares for consideration of $300,000

On July 10, 2017 the Company issued 100,000 of its Series M Shares for Services.

 

The shares were issued to a member of the Company’s Scientific Advisory Board pursuant to an agreement entered into by and between the member and the Company on June 20, 2017 which was superseded by an agreement by and between the member and the Company entered into on August 16th 2017 (“August Member Agreement”).

It was agreed by the parties that the 100,000 Series M Shares issued to the member would be considered part of the compensation due pursuant to the August Member Agreement.

 

Pursuant to the August Member Agreement:

 

(a) the member shall advise Zander on various nominal matters regarding veterinary. ''Nominal" is defined as periodic conversations in which the member is asked for a referral to an appropriate researcher on a specific topic or input on research data Zander is developing.

(b) In the event the member is requested to provide research services, such services will be negotiated separately between the member and the Company.

 

 33 

 

 

The term of the August Member Agreement is from August 17, 2017 to August 18, 2018.

 

The abovementioned 100,000 shares of the Company’s Series M Preferred stock were issued at Fair Value. None of the abovementioned Shares which were issued as compensation are redeemable by the Company. Fair Value of the abovementioned securities issued as compensation has been determined by the Company utilizing the Company’s estimation as to an amount at which an asset could be exchanged between knowledgeable and willing parties in an arms length transaction.

 

In determining the Fair Value of the abovementioned shares issued as compensation, the Company took into account factors including the financial condition of the Company at the time of grant , the Company’s lack of profitability, the frequency and amount of cash sales of the Company’s stock, and the Company’s negative working capital as of the time of grant. The Company shall recognize an expense of $10 in the relevant accounting period in connection with the abovementioned issuance of 100,000 shares of the Company’s Series M Preferred stock.

 

On July 10, 2017 the Company issued 100,000 common shares to the Chairman of the Company’s Business Advisory Board for consideration of $100,000.

 

On July 10, 2017 the Company issued 500,000 common shares to the Chairman of the Company’s Business Advisory Board as consideration for services.

 

The common shares were issued pursuant to the terms and conditions of that agreement (“Agreement”) by and between the Company and the Chairman whereby the Chairman shall serve as Chairman of Zander’s Business Advisory Board.

 

The term of the Agreement shall commence on June 23, 2017 and shall expire on June 23, 2020. The term of the Agreement may be extended by mutual agreement.

Pursuant to the Agreement:

(a)The Chairman shall, for so long as he remains a member of the Business Advisory Board, meet with Zander upon written request, at dates and times mutually agreeable to the Chairman and Zander, to discuss any matter involving Zander or its Subsidiaries
(b)Identify and introduce to Zander persons to serve as members of Zander's Business Advisory Board ("Advisory Candidates").
(c)Identify and introduce to Zander potential purchasers of Zander's securities.

 

Pursuant to the Agreement:

(i)The Chairman received 500,000 of the common shares of Zander.
(ii)In the event that an Advisory Candidate identified and introduced by The Chairman to Zander serves as a member of the Business Advisory Board of Zander, The Chairman shall receive, ten business days subsequent to the completion of 12 months service by the Advisory Candidate as a member of the Business Advisory Board of Zander, a fee paid in the common shares of Zander, equal to 5% of any shares of Zander issued to the Advisory Candidate.

 

The abovementioned 500,000 shares of the Company’s common stock were issued at Fair Value. None of the abovementioned Shares which were issued as compensation are redeemable by the Company. Fair Value of the abovementioned securities issued as compensation has been determined by the Company utilizing the Company’s estimation as to an amount at which an asset could be exchanged between knowledgeable and willing parties in an arms length transaction.

 

 34 

 

 

In determining the Fair Value of the abovementioned shares issued as compensation, the Company took into account factors including the financial condition of the Company at the time of grant , the Company’s lack of profitability, the frequency and amount of cash sales of the Company’s stock, and the Company’s negative working capital as of the time of grant. The Company shall recognize an expense of $50 in the relevant accounting period in connection with the abovementioned issuance of 500,000 shares of the Company’s common stock.

 

On August 21, 2017 the Company issued 1,400,000 of its Series M Shares for Services:

 

400,000 of the abovementioned Series M Preferred shares were issued pursuant to the August Member Agreement previously described.

 

The abovementioned 400,000 shares of the Company’s Series M Preferred stock were issued at Fair Value. None of the abovementioned Shares which were issued as compensation are redeemable by the Company. Fair Value of the abovementioned securities issued as compensation has been determined by the Company utilizing the Company’s estimation as to an amount at which an asset could be exchanged between knowledgeable and willing parties in an arms length transaction.

 

In determining the Fair Value of the abovementioned shares issued as compensation, the Company took into account factors including the financial condition of the Company at the time of grant , the Company’s lack of profitability, the frequency and amount of cash sales of the Company’s stock, and the Company’s negative working capital as of the time of grant. The Company shall recognize an expense of $40 in the relevant accounting period in connection with the abovementioned issuance of 400,000 shares of the Company’s Series M Preferred stock.

 

500,000 of the abovementioned Series M Preferred Shares were issued to a member of the Company’s Scientific Advisory Board pursuant to an agreement entered into by and between the member and the Company on August 7, 2017 (“Agreement”).

 

Pursuant to the Agreement:

 

(a)the member shall advise Zander on various nominal matters regarding veterinary. ''Nominal" is defined as periodic conversations in which the member is asked for a referral to an appropriate researcher on a specific topic or input on research data Zander is developing.
(b)In the event the member is requested to provide research services, such services will be negotiated separately between the member and the Company.

 

The term of the Agreement is from August 17, 2017 to August 16, 2018

 

The abovementioned 500,000 shares of the Company’s Series M Preferred stock were issued at Fair Value. None of the abovementioned Shares which were issued as compensation are redeemable by the Company. Fair Value of the abovementioned securities issued as compensation has been determined by the Company utilizing the Company’s estimation as to an amount at which an asset could be exchanged between knowledgeable and willing parties in an arms length transaction.

 

In determining the Fair Value of the abovementioned shares issued as compensation, the Company took into account factors including the financial condition of the Company at the time of grant , the Company’s lack of profitability, the frequency and amount of cash sales of the Company’s stock, and the Company’s negative working capital as of the time of grant. The Company shall recognize an expense of $50 in the relevant accounting period in connection with the abovementioned issuance of 500,000 shares of the Company’s Series M Preferred stock.

 

An additional 500,000 of the abovementioned Series M Preferred Shares were issued to a member of the Company’s Scientific Advisory Board pursuant to an agreement entered into by and between the member and the Company on August 7, 2017 (“Agreement”).

 

 35 

 

 

Pursuant to the Agreement:

 

(a)the member shall advise Zander on various nominal matters regarding veterinary. ''Nominal" is defined as periodic conversations in which the member is asked for a referral to an appropriate researcher on a specific topic or input on research data Zander is developing.
(b)In the event the member is requested to provide research services, such services will be negotiated separately between the member and the Company.

 

The term of the Agreement is from August 17, 2017 to August 16, 2018

 

The abovementioned 500,000 shares of the Company’s Series M Preferred stock were issued at Fair Value. None of the abovementioned Shares which were issued as compensation are redeemable by the Company. Fair Value of the abovementioned securities issued as compensation has been determined by the Company utilizing the Company’s estimation as to an amount at which an asset could be exchanged between knowledgeable and willing parties in an arms length transaction.

 

In determining the Fair Value of the abovementioned shares issued as compensation, the Company took into account factors including the financial condition of the Company at the time of grant , the Company’s lack of profitability, the frequency and amount of cash sales of the Company’s stock, and the Company’s negative working capital as of the time of grant. The Company shall recognize an expense of $50 in the relevant accounting period in connection with the abovementioned issuance of 500,000 shares of the Company’s Series M Preferred stock.

 

On September 15, 2017 the Company issued 200 of the Series AA Preferred Shares of the Company to the Company’s Chief Executive Officer in consideration of services rendered. The Shares were issued at the direction of the Board of Directors as bonuses to recognize contributions made by the recipient. The abovementioned 200 shares of the Company’s Series AA Preferred stock were issued at Fair Value. None of the abovementioned Shares which were issued as compensation are redeemable by the Company. Fair Value of the abovementioned securities issued as compensation has been determined by the Company utilizing the Company’s estimation as to an amount at which an asset could be exchanged between knowledgeable and willing parties in an arms length transaction.

 

In determining the Fair Value of the abovementioned shares issued as compensation, the Company took into account factors including the financial condition of the Company at the time of grant , the Company’s lack of profitability, the frequency and amount of cash sales of the Company’s stock, and the Company’s negative working capital as of the time of grant. The Company will recognize a nominal expense in connection with the abovementioned issuance.

 

None of the securities issued by the Company which were issued as compensation are redeemable by the Company or the Holder.

 36 

 

 

NOTE 8. RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS

 

Subsequent to the original issuance of Zander’s annual financial statements for the period ended June 30, 2017 the Company determined that the following revisions are required:

 

The reclassification of 119,089 of Notes Payable as Notes Payable, Related Party

 

The reclassification of $107,343 of Accrued Expenses as Accrued Expenses , Related Party

 

The accrual of $110,000 of Licensing Fees due to a Related Party correcting an overstatement of total Research and Development Expenses recognized over the period from $224,600 to $124,600

 

The reclassification of $2,000 of Research and Development Costs as Consulting Costs

 

The reclassification of $12,600 of Research and Development Costs as Contract Research Fees

 

The reclassification of $650 of General and Administrative Costs as Stock Payments to Related Party

 

The recognition of $72,000 of Salary Expense incurred by Entest Group, Inc. benefitting Zander

 

The recognition of $38,502 of Rental Expense incurred by Entest Group, Inc. benefitting Zander

 

Reclassification of decreases in Due to Shareholder in the Statement of Cash Flows as a noncash investing and financing activity

 

ZANDER THERAPEUTICS, INC.         
BALANCE SHEET         
          
          
  

 As of

June 30,

2017 

  Adjustments  

As of

June 30,

2017

 (as restated)

ASSETS               
CURRENT ASSETS               
Cash   96,005         96,005 
                
Total Current Assets   96,005         96,005 
                
Total Assets   96,005         96,005 
LIABILITIES               
Current Liabilities:               
Notes Payable   119,089    (119,089)   0 
Notes Payable, Related Party   0    119,089    119,089 
Accrued Expenses, Related Parties   0    107,343    107,343 
Accrued Expenses   105,749    104,931    818 
Total Liabilities   224,838         227,250 
                
STOCKHOLDER'S EQUITY               
Common Stock, Authorized 100,000,000, $0.0001 Par Value 3,008,001 shares issued and outstanding as of June 30, 2017   301         301 
Preferred Stock, $0.0001 par value  Authorized  50,000,000 as of June 30 2017               
Series M Preferred Stock, $0.0001 par,  Authorized 10,000,000 as of June 30, 20170 shares and 7,500,000 shares outstanding as of June 30, 2016 and June 30, 2017 Respectively   750         750 
Common Stock subscribed for but unissued , 0 and 100,000 shares as of June 30, 2016 and 2017 respectively   100,000         100,000 
Additional Paid In Capital   120,814         120,814 
Contributed Capital, Related Party   905    227,782    228,687 
Retained Deficit   (351,603)   (230,193)   (581,796)
Total Stockholder's Equity   (128,833)        (131,244)
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY   96,005         96,005 

 37 

 

Zander Therapeutics, Inc         
STATEMENT OF OPERATIONS         
          
          
  

Year Ended

June 30,

2017 

  Adjustments 

Year Ended

June 30,

2017

(as restated) 

TOTAL REVENUES   0         0 
COSTS AND EXPENSES               
Research and Development:               
Research and Development   224,600    (224,600)   0 
License Fees Due to Related Party        110,000    110,000 
Consulting Costs        2,000    2,000 
Contract Research Fees        12,600    12,600 
Total Research and Development   224,600         124,600 
General and Administrative:               
General and Administrative, Paid By Related Party   0    72,000    72,000 
Stock Payments to Related Party        650    650 
General and Administrative   4,282    (650)   3,632 
Total General and Administrative   4,282    72,000    76,282 
Rent, Paid By Related Party   0    38,502    38,502 
Consulting:               
Consulting Costs   17,952         17,952 
Total Consulting   17,952         17,952 
Total Costs and Expenses   246,834    10,502    257,336 
                
OPERATING LOSS   (246,834)   (10,502)   (257,336)
OTHER INCOME AND EXPENSES               
Interest Income, Related Party        148    148 
Interest Income   148    (148)   0 
Interest Expense, Related Party   0    (2,079)   (2,079)
Interest Expense   (2,897)   (2,079)   (818)
Total Other Income ( Expenses)   (2,749)        (2,749)
NET INCOME (LOSS)   (249,583)   (10,502)   (260,085)
Income Taxes   0         0 
NET INCOME (LOSS)   (249,583)   (10,502)   (260,085)
BASIC AND FULLY DILUTED EARNINGS (LOSS) PER SHARE   (0.251)        (0.026)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING   996,297         996,297 

 38 

 

Zander Therapeutics, Inc         
STATEMENT OF CASH FLOWS         
          
          
  

 Year Ended

June 30,

2017 

  Adjustments  

Year Ended

June 30,

2017

(as restated)

CASH FLOWS FROM OPERATING ACTIVITIES               
Net Income (Loss)   (249,583)   (10,502)   (260,085)
Adjustments to reconcile net Income (loss) to net cash               
Preferred Stock Issued for Expenses   750         750 
Common Stock Issued for Expenses   101,115    (101,115)   0 
Changes in Operating Assets and Liabilities               
Increase (Decrease) in Accrued Expenses   105,749    (100,000)   5,749 
Net Cash provided by (used) in Operating Activities   (41,969)   (211,617)   (253,586)
CASH FLOWS FROM FINANCING ACTIVITIES               
Increase(Decrease) in Due to Shareholder   (101,115)   101,115    0 
Increase (Decrease) in Contributed Capital   0    100,502    110,502 
Increase (Decrease) in Notes Payable   119,089         119,089 
Common Stock Issued for Cash   120,000         120,000 
Net Cash provided by (used) in Financing Activities   137,974    211,617    349,591 
                
Net Increase (Decrease) in Cash   96,005         96,005 
                
Cash at Beginning of Period   0         0 
Cash at End of Period   96,005         96,005 
                
Supplemental Disclosure of Noncash investing and financing activities:               
Common Shares issued for Debt   101,115           

  

 39 

 

Zander Therapeutics, Inc.

Statement of Shareholders Equity for the Fiscal Year ended June 30, 2017

    Contributed Capital 
    As originally Presented    Adjustments    As Restated 
Balance June 30, 2016   905    117,280    118,185 
Additions to Contributed               
capital Fiscal Year Ended               
June 30, 2017   0    110,502    110,502 
Balance June 30, 2017   905    227,782    228,687 
                
    Retained Deficit 
    As originally Presented    Adjustments    As Restated 
Net Loss for Year Ended June 30, 2017   (249,583)   (10,502)   (260,085)
Balance June 30, 2017   (351,603)   (230,193)   (581,796)

 40 

 

 

NOTE 9. SUBSEQUENT EVENTS  

On July 3, 2018 Zander Therapeutics, Inc. (“Zander”) purchased 3,500,000 of the Series A preferred Shares of Regen Biopharma, Inc. (“Shares”) owned by Entest Group, Inc. from Entest Group, Inc. (“Owner”) for the price of $35,000 USD cash.

David R. Koos, who serves as Chairman and Chief Executive Officer of Zander also serves as Chairman and Chief Executive Officer of Entest. Zander is under common control with Entest. Zander is a 36% owned subsidiary of Entest as of June 30, 2018.

David R. Koos, who serves as Chairman and Chief Executive Officer of Regen Biopharma, Inc. also serves as Chairman and Chief Executive Officer of Zander. Regen Biopharma, Inc. is under common control with Zander.

On July 3, 2018 Zander entered into a sublease agreement with Entest whereby Zander would sublet office space located at 4700 Spring Street, Suite 304, La Mesa, California 91942 from Entest on a month to month basis for $6,000 per month beginning July 5, 2018.

David R. Koos, who serves as Chairman and Chief Executive Officer of Zander also serves as Chairman and Chief Executive Officer of Entest. Zander is under common control with Entest. Zander is a 36% owned subsidiary of Entest as of June 30, 2018.

On July 12, 2018 Zander sold 50,000 of its common shares for consideration of $100,000

On August 21, 2018 the Company sold 500,000 of its common shares for consideration of $500,000

On August 21, 2018 the Company sold 50,000 of its common shares for consideration of $100,000

On September 6, 2018 the Company issued 250,000 of its common shares to a member of the Company’s Business Advisory Board as consideration for services.

On September 6, 2018 the Company issued 100,000 of its common shares for consideration of $100,000

On September 6, 2018 the Company issued 50,000 of its common shares for consideration of $100,000

On September 6, 2018 the Company issued 275,000 of its common shares to the Chairman of the Company’s Business Advisory Board as consideration for services.

 41 

 

Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure

During the Registrant's most two most recent fiscal years there were no disagreements with AMC Auditing (“AMC”) , the Company’s independent registered public accounting firm, whether or not resolved, on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which, if not resolved to AMC’s satisfaction, would have caused it to make reference to the subject matter of the disagreement in connection with its report on the Registrant's financial statements.

 

Item 9A. Controls and Procedures

 

a) Evaluation of disclosure controls and procedures.

 

The principal executive officer and principal financial officer have evaluated the Company’s disclosure controls and procedures as of June 30, 2018. Based on this evaluation, they have concluded that the disclosure controls and procedures were effective to ensure that the information required to be disclosed by the Company in the reports that it files or submits under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported, within the time periods specified in the Commission’s rules and forms and to ensure that information required to be disclosed by the Company in the reports that it files or submits under the Securities Exchange Act of 1934 is accumulated and communicated to the Company’s management, including its principal executive and principal financial officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.

 

b) Management’s annual report on internal control over financial reporting.

 

Management of the Company is responsible for establishing and maintaining adequate internal control over financial reporting as defined in Rule 13a-15(f) promulgated under the Securities and Exchange Act of 1934. Rule 13a-15(f) defines internal control over financial reporting as follows:

 

“The term internal control over financial reporting is defined as a process designed by, or under the supervision of, the issuer's principal executive and principal financial officers, or persons performing similar functions, and effected by the issuer's board of directors, management and other personnel, 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 and includes those policies and procedures that:

 

Pertain to the maintenance of records that in reasonable detail accurately and fairly reflect the transactions and dispositions of the assets of the issuer;

 

Provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the issuer are being made only in accordance with authorizations of management and directors of the issuer; and

 

Provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of the issuer's assets that could have a material effect on the financial statements.”

 

The Company’s internal control over financial reporting is a process designed under the supervision of the Company’s management to provide reasonable assurance regarding the reliability of financial reporting and the preparation of the Company’s financial statements for external purposes in accordance with U.S. generally accepted accounting principles.

 

In designing and evaluating our disclosure controls and procedures, our management recognized that disclosure controls and procedures, no matter how well conceived and operated, can provide only a reasonable, not absolute, assurance that the objectives of the disclosure controls and procedures are met.

 

 42 

 

 

The Company’s management assessed the effectiveness of its internal control over financial reporting as of June 30, 2018 based on the framework in 2013 Committee of Sponsoring Organizations of the Treadway Commission, or COSO, framework. Based.” Based on its assessment, management believes that, as of June 30, 2018, the Company’s internal control over financial reporting is effective.

 

Management's report was not subject to attestation by the Company's registered public accounting firm pursuant to temporary rules of the Securities and Exchange Commission that permit the company to provide only management's report in this annual report. This exemption for smaller reporting companies provided under the temporary rules referenced above has been made permanent under Section 989G of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

 

(c) There have been no changes during the quarter ended June 30, 2018 in the Company’s internal controls over financial reporting that have materially affected, or are reasonably likely to materially affect, internal control over financial reporting

 

Item 10. Directors, Executive Officers and Corporate Governance

 

David R. Koos

David R. Koos has served as Chairman of the Board of Directors, Chief Executive Officer, Secretary and Treasurer from inception to the date of this document. David R. Koos has served as and Acting Chief Financial Officer of the Company since inception to February 2017. David R. Koos has served as president of the Company since inception to February 2017.

Education:

 

DBA - Finance (December 2003)

Atlantic International University

 

Ph.D. - Sociology (September 2003)

Atlantic International University

 

MA - Sociology (June 1983)

University of California - Riverside, California

 

Five Year Employment History:

 

Position:   Company Name:   Employment Dates:
Chairman, President, Chief Executive Officer, Secretary, Chief Financial Officer, Principal Account Officer   Entest BioMedical, Inc   June 19, 2009 to the present
Chairman and CEO   Regen Biopharma, Inc.   April 24, 2012 to Present
Acting CFO   Regen Biopharma, Inc.   April 24, 2012 to February 11, 2015
President   Regen Biopharma,
Inc.
  May 29, 2013 to October 9, 2013
Chief Financial Officer, Principal Accounting Officer   Entest BioMedical, Inc   June 19, 2009 to March 31, 2010
Acting Chief Financial Officer, Principal Accounting Officer   Entest BioMedical, Inc   August 8, 2011 to the present
Chairman, President, CEO and Acting CFO   Bio-Matrix Scientific Group, Inc.   June 14, 2006 (Chairman) to Present; June 19, 2006 (President, CEO and Acting CFO); June 19, 2006 (Secretary) to Present

 

 43 

 

 

Todd S. Caven 

 

Todd S. Caven has served as our Chief Financial Officer since February 2017. Todd S. Caven has served as a Director since June 18, 2018.

 

Mr. Caven earned a Bachelor’s degree in Accounting from the Tippie College of Business at the University of Iowa, and received an MBA from the J.L. Kellogg Graduate School of Management at Northwestern University. 

 

Five Year Employment History:

 

Company Name   Position Employment Dates
Regen Biopharma, Inc.   Chief Financial Officer   February 11, 2015 to present
Rock Ridge Enterprises LLC   Founder and Managing Member,
Sole Member of the Board of Governors
  October of 2003 to present
Saguaro Capital Partner LLC   Founder and Managing Member,
Sole Member of the Board of
Governors
  March of 2009 to present
Obstetric Solutions and Interventions    Co-Founder and Chief Financial Officer,  member of the Board of Directors   July of 2009 to March of 2012.

Dr. Harry Lander.

 

Dr. Harry Lander has served as the Company’s President and Chief Scientific Officer since February 2017. Dr Lander has served as a Director of the Company since June 18, 2018. Dr. .Lander received an MBA in Finance from The New York University Stern School of Business in New York City in 2001 and a Ph.D. in Biochemistry from the Cornell University Graduate School of Medical Sciences in 1992. Dr. Lander has also earned a Bachelor of Science in Biochemistry and a Bachelor of Science in Chemistry from State University of New York at Stony Brook in 1987.

 

Five Year Employment History 

 

Company Name   Position   Employment Dates
Regen Biopharma, Inc.   President   October 9, 2015 to present
Regen Biopharma, Inc.   Chief Scientific Officer   October 30, 2025 to Present
Sidra Medical and Research Center, Doha, Qatar   Research Chief   2013--2015
Weill Cornell Medical College, New York, NY   Assistant Provost   2012-2013
Weill Cornell Medical College, New York, NY   Assistant Provost,   2009-2012

 

With regards to all actions to be voted upon by the Board of Directors, the Chairman of the Board of Directors shall cast two votes and all Directors other than the Chairman of the Board of Directors shall cast one vote. In the event that votes are equally divided the Chairman of the Board of Directors shall cast three votes.

 

 44 

 

 

Code of Ethics

 

On September 9, 2017 we adopted a Code of Ethics pursuant to Section 406 of the Sarbanes-Oxley Act of 2002.

 

Director Independence

 

Audit Committee and Audit Committee Financial Expert

 

The members of the Company’s board of Directors may not be considered independent. The Company is not a "listed company" under Securities and Exchange Commission (“SEC”) rules and is therefore not required to have an audit committee comprised of independent directors. The Company does not currently have an audit committee, however, for certain purposes of the rules and regulations of the SEC and in accordance with the Sarbanes-Oxley Act of 2002, the Company’s  Board of Directors is deemed to be its  audit committee and as such functions as an audit committee and performs some of the same functions as an audit committee including: (1) selection and oversight of our independent accountant; (2) establishing procedures for the receipt, retention and treatment of complaints regarding accounting, internal controls and auditing matters; and (3) engaging outside advisors. The Board of Directors has determined that its members are able to read and understand fundamental financial statements and has substantial business experience that results in that member's financial sophistication. Accordingly, the Board of Directors believes that its members have  the sufficient knowledge and experience necessary to fulfill the duties and obligations that an audit committee would have.

 

Nominating and Compensation Committees

 

The Company does not have standing nominating or compensation committees, or committees performing similar functions. The board of directors believes that it is not necessary to have a compensation committee at this time because the functions of such committee are adequately performed by the board of directors. The board of directors also is of the view that it is appropriate for the Company not to have a standing nominating committee because the board of directors has performed and will perform adequately the functions of a nominating committee. The Company is not a "listed company" under SEC rules and is therefore not required to have a compensation committee or a nominating committee.

 

Shareholder Communications

 

There has not been any defined policy or procedure requirements for stockholders to submit recommendations or nomination for directors. There are no specific, minimum qualifications that the board of directors believes must be met by a candidate recommended by the board of directors. Currently, the entire board of directors decides on nominees, on the recommendation of any member of the board of directors followed by the board’s review of the candidates’ resumes and interview of candidates. Based on the information gathered, the board of directors then makes a decision on whether to recommend the candidates as nominees for director. The Company does not pay any fee to any third party or parties to identify or evaluate or assist in identifying or evaluating potential nominee.

 

Because the officers of the Company also serve as the Board of Directors of the Company, the Board of Directors has determined not to adopt a formal methodology for communications from shareholders on the belief that any communication would be brought to the Board of Directors’ attention by virtue of the co-extensive capacities of the Board of Directors.

 45 

 

Name and Principal Position  Fiscal Year  Salary
($)
  Bonus
($)
  Stock Awards
($)
  Restricted Stock Awards
($)
  Option Awards
($)
  Non Equity Incentive Plan Compensation
($)
  Nonqualified Deferred Compensation Earnings
($)
  All Other Compensation
($)
  Total
($)
David Koos, Chief Executive Officer   2017    0*   0    50    0    0    0    0    0    50 
    2018    0**   0    3.6    0    0    0    0    0    3.6 
Todd S. Caven, Chief Financial Officer   2017    0    0    50    0    0    0    0    0    50 
    2018    0    0    0    0    0    0    0    0    0 
Harry Lander, President and Chief Scientific Officer   2017    0    0    50    0    0    0    0    0    50 
    2018    0   $11,904    0    0    0    0    0    0   $11,904 

* Does not include salary expense recognized of $72,000 for the fiscal year ended 2017. David Koos is paid $10,000 a month in salary by Entest Group, Inc.(“ENTB”) During the fiscal year ended 2017 60% of David Koos professional time at ENTB was spent working to the benefit of the Company. As such, 60% of Mr. Koos’ salary from ENTB was recognized by the Company as expense and is categorized as a capital contribution from ENTB to the Company.

 

** Does not include salary expense recognized of $68,600 for the period commencing July 1, 2017 and ended June 13, 2018. David Koos is paid $10,000 a month in salary by Entest Group, Inc.(“ENTB”) During the period commencing July 1, 2017 and ended June 13, 2018 60% of David Koos professional time at ENTB was spent working to the benefit of the Company. As such, 60% of Mr. Koos’ salary from ENTB for that period was recognized by the Company as expense and is categorized as a capital contribution from ENTB to the Company. Does not include $9,444 of salary earned but unpaid by the Company during the fiscal year ended June 30, 2018.

 

Employment Agreements

David R. Koos

On June 19, 2018 Zander Therapeutics, Inc. ( the “Company”) entered into an employment agreement (“Agreement”) with David R. Koos (“Koos”) , the Company’s Chairman and Chief Executive Officer.

 

Pursuant to the Agreement, Koos shall serve as Chief Executive Officer of the Company. The term of the Agreement shall commence on June 14, 2018 and shall expire on August 14, 2020 unless sooner terminated in accordance with the provisions of the Agreement. The period from the commencement of the term of this Agreement to the date of its expiration or sooner termination shall be considered to be the “Employment Period" hereunder. At the end of the Employment Period, the Agreement may be extended for an additional year by written mutual consent of Koos and the Company.

 

During the period commencing June 14, 2018 and ending upon the expiration of the Employment Period, Company shall pay Koos salary at the rate of $16,667 per month prorated for any partial employment month.

 

Pursuant to the Agreement, Koos shall receive 800 shares of the Company’s Series AA Preferred shares and 150,000 shares of the Company’s Series M Preferred shares in consideration of work previously performed.

 

In the event milestone share awards payable pursuant to their respective employment agreements to the Company's Chief Scientific Officer and / or Chief Financial Officer in shares of the Company’s Series M Preferred become due and payable, Koos shall receive awards equal to any awards attained by the Chief Scientific Officer and / or the Chief Financial Officer up to a total of 10,000,000 newly issued Series M Preferred shares of the Company stock. Such shares will be fully vested as they are awarded.

 

 46 

 

 

Todd S. Caven

On August 21st 2017 Todd S. Caven and the Company entered into a written employment agreement (“Caven Agreement”). Pursuant to the Caven Agreement, Caven shall be granted the title of Chief Financial Officer of the Company subject to the authority of the Company's Chief Executive Officer . The Term of the Caven Agreement shall commence on August 15, 2017 and shall expire on August 14, 2019 (“Employment Period”). The Employment Period may be extended by the mutual consent of the parties.

 

During the Employment Period, Company shall pay Caven salary at the rate of:

 

(i)During that period commencing August 15, 2017 and ending on the sooner of (a) the expiration of the Employment Period or (b) the last day of any month during the Employment period in which the Company shall have sold equity or debt securities generating net cash proceeds to the Company of Two Million Dollars ($2,000,000) or more (“Capital Raise”) Caven shall receive from the Company 10,000 shares of the Company's Series M Preferred stock per month as compensation for Caven’s services pursuant to this Agreement.
(ii)Caven shall receive a 5% expense allowance on all funds raised for the Company by Caven. This expense allowance shall be paid in cash and represents the inclusion of all expenses related to raising funds for the company by the Caven.
(iii)During the period commencing the first day subsequent to the end of that month in which the successful completion by the Company of the Capital Raise shall have occurred and ending upon the expiration of the Employment Period, Company shall pay Caven salary at the rate of $16,667 per month prorated for any partial employment month ("Salary"). Salary shall be paid on a monthly basis (“Payday”). In the event that Payday falls on a Saturday, Sunday or holiday, Salary shall be paid on the next business day. Salary may be paid, at the Company’s sole discretion, either in:

 

(a) cash, or

 

(b) 10,000 shares of the Company’s Series M Preferred stock (“Stock Payment”)

 

(c) Registered shares of the Company's common stock (number of shares to be issued to the Caven = salary / previous day's closing price prior to submitting issuance documents to the transfer agent).

 

Harry Lander

 

On August 5th 2017 Harry Lander and the Company entered into a written employment agreement (“Lander Agreement”). Pursuant to the Lander Agreement, Lander shall be granted the title of President and Chief Scientific Officer of the Company subject to the authority of the Company's Chief Executive Officer . The Term of the Lander Agreement shall commence on August 15, 2017 and shall expire on August 14, 2019 (“Employment Period”). The Employment Period may be extended by the mutual consent of the parties.

 

During the Employment Period, Company shall pay Lander salary at the rate of:

 

(i)During that period commencing August 15, 2017 and ending on the sooner of (a) the expiration of the Employment Period or (b) the last day of any month during the Employment period in which the Company shall have sold equity or debt securities generating net cash proceeds to the Company of Two Million Dollars ($2,000,000) or more (“Capital Raise”) Lander shall receive from the Company 10,000 shares of the Company's Series M Preferred stock per month as compensation for Lander’s services pursuant to this Agreement.
(ii)During the period commencing the first day subsequent to the end of that month in which the successful completion by the Company of the Capital Raise shall have occurred and ending upon the expiration of the Employment Period, Company shall pay Lander salary at the rate of $16,667 per month prorated for any partial employment month ("Salary"). Salary shall be paid on a monthly basis (“Payday”). In the event that Payday falls on a Saturday, Sunday or holiday, Salary shall be paid on the next business day. Salary may be paid, at the Company’s sole discretion, either in:

 

(a) cash, or

 

(b) 10,000 shares of the Company’s Series M Preferred stock (“Stock Payment”)

 

(c) Registered shares of the Company's common stock (number of shares to be issued to the Lander = salary / previous day's closing price prior to submitting issuance documents to the transfer agent).

 

 47 

 

 

Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

 

The following table sets forth information known to the Company with respect to the beneficial ownership of each class of the Company’s capital stock as of September 14, 2018 for (1) each person known by the Company to beneficially own more than 5% of each class of the Company’s voting securities, (2) each executive officer, (3) each of the Company’s directors and (4) all of the Company’s executive officers and directors as a group.

 

Based on 6,033,001 common shares outstanding as of September 14, 2018

 

Title of Class  Name and Address of Beneficial Owner  Amount and Nature of Beneficial Ownership  Percent of Class
 Common   Brian Devine   2275000(a)   37%
     P.O. Box 1305          
     Rancho Santa Fe, CA 92067          
 Common   David Koos          
     c/o Zander Therapeutics Inc.   1371507(b)   22.70%
     4700 Spring Street          
     La Mesa CA 91941          
 Common   All Officers and Directors as a Group   1371507(b)   22.70%

 

(a)Includes 1,575,000 common shares held by The Devine Family Trust for which Brian Devine serves as Trustee. Includes 300,000 common shares held by The Brian Devine Jr. Irrevocable Trust for which Brian Devine serves as Trustee. Includes 300,000 common shares held by The Brook Devine Irrevocable Trust for which Brian Devine serves as Trustee. Includes 100,000 common shares held by The Devine Descendants. Irrevocable Trust for which Brian Devine serves as Trustee.
(b)Includes 470,588 common shares held by Regen Biopharma, Inc. for which David Koos serves as Chief Executive Officer and Director. Includes 4,411 common shares held by Bio Matrix Scientific Group, Inc. which is controlled by David Koos

 48 

 

 

Based on 9,000,000 Series M Preferred Shares outstanding as of September 14, 2018

 

Title of Class  Name and Address of Beneficial Owner  Amount and Nature of Beneficial Ownership  Percent of Class
Series M Preferred  David Koos   5,500,000(a)   61.10%
   c/o Zander Therapeutics Inc.          
   4700 Spring Street          
   La Mesa CA 91941          
Series M Preferred  Thomas Donnelly   500000    5.56%
   44 Rue Bourgelat          
   94700 Maisons-Alfort          
   France          
Series M Preferred  Robin B. Gasser   500000    5.56%
   48 Swan Street          
   Werribee, Victoria          
   Australia          
Series M Preferred  Jonathan B. Baell   500000    5.56%
   Parkville Campus          
   381 Royal Parade          
   Parkville, VIC 3052          
   Austraila          
Series M Preferred  Thomas Ichim   500000    5.56%
   9255 Towne Centre Drive          
   #450          
   San Diego, CA 92121          
Series M Preferred  Harry M. Lander   500000    5.56%
   6653 Aranda Avenue          
   La Jolla, CA 92037          
Series M Preferred  Todd S. Caven   500000    5.56%
   8578 Terraceview Lane North          
   Maple Grove, MN 55311          
Series M Preferred  Linda Black   500000    5.56%
   521 Garfield Avenue          
   Winter Park, FL 32789          
Series M Preferred  All Officers and Directors as a Group   6500000(a)   72.20%

(a)Includes 5,000,000 Series M Preferred Shares held by Entest Group, Inc. David Koos serves as the sole officer and director of Entest Group, Inc.

 49 

 

 

Based on 200 Series AA Preferred Shares outstanding as of September 14, 2018

 

Title of Class  Name and Address of Beneficial Owner  Amount and Nature of Beneficial Ownership  Percent of Class
Series AA Preferred  David Koos   200    100%
   c/o Zander Therapeutics Inc.          
   4700 Spring Street          
   La Mesa CA 91941          
Series AA Preferred  All Officers and Directors as a Group   200    100%

 

 

Item 13. Certain Relationships and Related Transactions, and Director Independence

 

The Company utilizes approximately 2,300 square feet of office space at 4700 Spring Street, Suite 304, La Mesa California, 91941provided to the Company by Entest Group, Inc. on a month to month basis free of charge. The Chief Executive Officer of Entest Group Inc. is David R. Koos who also serves as the Chief Executive Officer of the Company.

 

As of June 30, 2018 the Company has received capital contributions from Entest Group, Inc. totaling $413,878

 

On June 23, 2015 Regen Biopharma, Inc. ( “Regen”) entered into an agreement (“Agreement”) with The Company whereby Regen granted to The Company an exclusive worldwide right and license for the development and commercialization of certain intellectual property controlled by Regen (“ License IP”) for non-human veterinary therapeutic use for a term of fifteen years.

 

Pursuant to the Agreement, The Company shall pay to Regen one-time, non-refundable, upfront payment of one hundred thousand US dollars ($100,000) as a license initiation fee which must be paid within 90 days of June 23, 2015 and an annual non-refundable payment of one hundred thousand US dollars ($100,000) on July 15th, 2016 and each subsequent anniversary of the effective date of the Agreement

 

The abovementioned payments may be made, at The Company’s discretion, in cash or newly issued common stock of The Company or in common stock of Entest Group Inc. valued as of the lowest closing price on the principal exchange upon which said common stock trades publicly within the 14 trading days prior to issuance.

 

Pursuant to the Agreement, The Company shall pay to Regen royalties equal to four percent (4%) of the Net Sales , as such term is defined in the Agreement, of any Licensed Products, as such term is defined in the Agreement, in a

 

Pursuant to the Agreement, The Company will pay Regen ten percent (10%) of all consideration (in the case of in-kind consideration, at fair market value as monetary consideration) received by The Company from sublicensees ( excluding royalties from sublicensees based on Net Sales of any Licensed Products for which Regen receives payment pursuant to the terms and conditions of the Agreement).

 

The Company is obligated pay to Regen minimum annual royalties of ten thousand US dollars ($10,000) payable per year on each anniversary of the Effective Date of this Agreement, commencing on the second anniversary of June 23, 2015. This minimum annual royalty is only payable to the extent that royalty payments made during the preceding 12-month period do not exceed ten thousand US dollars ($10,000).

 

The Agreement may be terminated by Regen:

 50 

 

 

If The Company has not sold any Licensed Product by ten years of the effective date of the Agreement or The Company has not sold any Licensed Product for any twelve (12) month period after The Company’s first commercial sale of a Licensed Product.

 

The Agreement may be terminated by The Company with regard to any of the License IP if by five years from the date of execution of the Agreement a patent has not been granted by the United States patent and Trademark Office to Regen with regard to that License IP.

 

The Agreement may be terminated by The Company with regard to any of the License IP if a patent that has been granted by the United States patent and Trademark Office to Regen with regard to that License IP is terminated.

 

The Agreement may be terminated by either party in the event of a material breach by the other party.

 

The Chairman and Chief Executive Officer of Regen is David R. Koos who also serves as the Chairman and Chief Executive Officer of the Company.

 

The President of Regen is Harry Lander who also serves as President of the Company.

 

The Chief Financial Officer of Regen is Todd Caven who also serves as Chief Financial Officer of the Company.

 

On July 24, 2017 Entest Group, Inc. issued 102,852 of its Non Voting Convertible Preferred Stock to Regen in satisfaction of $102,852 of liabilities incurred pursuant to the Agreement. 

 

During the quarter ended December 31, 2017 the Company paid $58,000 to Regen , such amounts to be applied toward minimum royalties which become due and payable pursuant to the Agreement. 

 

During the quarter ended March 31, 2018 the Company paid $20,000 to Regen, such amounts to be applied toward minimum royalties which become due and payable pursuant to the Agreement. 

 

On February 7, 2018 Regen and Zander agreed to a 10% reduction of Zander’s June 2018 Annual Anniversary Fee obligation if Zander pays such fee on or before February 10, 2018. $90,000 was paid by Zander in satisfaction of the June 2018 Annual Anniversary Fee during the quarter ended March 31, 2018

 

On March 1, 2017 the Company issued 3,000,000 common shares to Entest Group, Inc. Consideration rendered to the Company by Entest Group, Inc. consisted of payment by Entest Group, Inc. on behalf of the Company of a license initiation fee of $100,000 owed by the Company to Regen and incorporation costs of $1,115 borne by Entest Group, Inc. on behalf of the Company . 

 

On June 15, 2017 the Company issued 5,000,000 Series M Preferred Shares to Entest Group, Inc. in consideration of services rendered.

 

On June 15, 2017 the Company issued 500,000 Series M Preferred Shares to David Koos in consideration of services rendered

 

On June 15, 2017 the Company issued 500,000 Series M Preferred Shares to Todd Caven in consideration of services rendered.

 

During the year ended June 30, 2017 the Company made principal payments of $69,000 to Entest Group Inc on Notes Payable.

 

During the quarter ended September 30, 2017 the Company made principal payments of $23,000 to Entest Group, Inc.During the quarter ended December 31, 2017 the Company made principal payments of $97,500 to Entest Group, Inc. During the quarter ended March 31, 2018 the Company made principal payments of $90,000 to Entest Group, Inc. During the quarter ended June 30, 2018 the Company made principal payments of $11,441 and interest payments of $12,642 to Entest Group, Inc.

During the quarter ended June 30, 2018 the Company transferred funds totaling $35,000 to Entest Group Inc. in anticipation of entering into an agreement to purchase 3,500,000 of the Series A Preferred shares of Regen Biopharma, Inc. owned by Entest Group, Inc.

 51 

 

The Company has recognized $36,792 of rental expenses for the year ended June 30, 2018. This expense is equal to 100% of the rent paid by Entest Group, Inc. for space occupied by the Company. The Company estimates that the cost that would have been incurred if the Company had operated as an unaffiliated entity during the period would have been identical.

 

The Company has recognized $68,600 of General and Administrative expenses paid by a related party during the year ended June 30, 2018. This expense is equal to 60% of the salary expense incurred by Entest Group, Inc. for the salary of David R. Koos, the Company’s Chief Executive Officer. It is estimated by the Company that 60% of David Koos’ professional time during the year ended June 30, 2018 was spent on activities which benefitted the Company. The Company estimates that the cost that would have been incurred if the Company had operated as an unaffiliated entity during the period would have been in the range of $68,600 to $114,333.

 

On July 3, 2018 Zander Therapeutics, Inc. (“Zander”) purchased 3,500,000 of the Series A preferred Shares of Regen Biopharma, Inc. (“Shares”) owned by Entest Group, Inc. from Entest Group, Inc. (“Owner”) for the price of $35,000 USD cash.

David R. Koos, who serves as Chairman and Chief Executive Officer of Zander also serves as Chairman and Chief Executive Officer of Entest. Zander is under common control with Entest. Zander is a 36% owned subsidiary of Entest as of June 30, 2018.

 

David R. Koos, who serves as Chairman and Chief Executive Officer of Regen Biopharma, Inc. also serves as Chairman and Chief Executive Officer of Zander. Regen Biopharma, Inc. is under common control with Zander.

 

On July 3, 2018 Zander entered into a sublease agreement with Entest whereby Zander would sublet office space located at 4700 Spring Street, Suite 304, La Mesa, California 91942 from Entest on a month to month basis for $6,000 per month beginning July 5, 2018.

 

David R. Koos, who serves as Chairman and Chief Executive Officer of Zander also serves as Chairman and Chief Executive Officer of Entest. Zander is under common control with Entest. Zander is a 36% owned subsidiary of Entest as of June 30, 2018.

 

Director Independence

 

Audit Committee and Audit Committee Financial Expert

 

The Company’s  directors may not be considered independent as they each serve as  officers. The Company is not a "listed company" under Securities and Exchange Commission (“SEC”) rules and is therefore not required to have an audit committee comprised of independent directors. The Company does not currently have an audit committee, however, for certain purposes of the rules and regulations of the SEC and in accordance with the Sarbanes-Oxley Act of 2002, the Company’s  Board of Directors is deemed to be its  audit committee and as such functions as an audit committee and performs some of the same functions as an audit committee including: (1) selection and oversight of our independent accountant; (2) establishing procedures for the receipt, retention and treatment of complaints regarding accounting, internal controls and auditing matters; and (3) engaging outside advisors. The Board of Directors has determined that its members are able to read and understand fundamental financial statements and has substantial business experience that results in the member's financial sophistication. Accordingly, the Board of Directors believes that its members have the sufficient knowledge and experience necessary to fulfill the duties and obligations that an audit committee would have.

 

Nominating and Compensation Committees

 

The Company does not have standing nominating or compensation committees, or committees performing similar functions. The board of directors believes that it is not necessary to have a compensation committee at this time because the functions of such committee are adequately performed by the board of directors. The board of directors also is of the view that it is appropriate for the Company not to have a standing nominating committee because the board of directors has performed and will perform adequately the functions of a nominating committee. The Company is not a "listed company" under SEC rules and is therefore not required to have a compensation committee or a nominating committee.

 

 52 

 

 

Shareholder Communications

 

There has not been any defined policy or procedure requirements for stockholders to submit recommendations or nomination for directors. There are no specific, minimum qualifications that the board of directors believes must be met by a candidate recommended by the board of directors. Currently, the entire board of directors decides on nominees, on the recommendation of any member of the board of directors followed by the board’s review of the candidates’ resumes and interview of candidates. Based on the information gathered, the board of directors then makes a decision on whether to recommend the candidates as nominees for director. The Company does not pay any fee to any third party or parties to identify or evaluate or assist in identifying or evaluating potential nominee.

 

Because the officers of the Company also serve as the Board of Directors of the Company, the Board of Directors has determined not to adopt a formal methodology for communications from shareholders on the belief that any communication would be brought to the Board of Directors’ attention by virtue of the co-extensive capacities of the Board of Directors.

 

Item 14. Principal Accounting Fees and Services

 

The following table sets forth the aggregate fees billed to us by AMC Auditing during the period beginning July 1, 2017 and ending June 30, 2018:

 

Audit Fees  $11,823 

  

 53 

 

 

Item 15. Exhibit Index

 

Index No:   Description
3(i) Articles of Incorporation *( filed as Exhibit 3(i) to the Company’s Form S-1 dated 9/30/2017)
3(i)(2) Amendment to Articles of Incorporation*( filed as Exhibit 3(i)(2) to the Company’s Form S-1 dated 9/30/2017)
3(i)(3) Certificate of Designations Series M Stock*( filed as Exhibit 3(i)3 to the Company’s Form S-1 dated 9/30/2017)
3(i)(4) Certificate of Designations Series AA Stock *( filed as Exhibit 3(i)4 to the Company’s Form S-1 dated 9/30/2017)
3(i)(5)
ByLaws*( filed as Exhibit 3(i)5 to the Company’s Form S-1 dated 9/30/2017)
3(i)(6)  Amendment to Bylaws ( filed as Exhibit 3.1 to The Company’s Form 8-K dated June 20, 2018)
10.1 June  2015 Agreement with Regen Biopharma* ( Regen Agreement) ( filed as Exhibit 10.1 to the Company’s Form S-1 dated 9/30/2017)
10.2 First Amendment to Regen Agreement*( filed as Exhibit 10.2 to the Company’s Form S-1 dated 9/30/2017)
10.3 Second Amendment to Regen Agreement*( filed as Exhibit 10.3 to the Company’s Form S-1 dated 9/30/2017)
10.4 Line of Credit Promissory Note to Entest Biomedical, Inc. *( filed as Exhibit 10.4 to the Company’s Form S-1 dated 9/30/2017)
10.5 Securities Purchase Agreement- Entest Biomedical,Inc.* ( filed as Exhibit 10.5 to the Company’s Form S-1 dated 9/30/2017)
10.6 Securities Purchase Agreement Dated 4/10/2017 * ( filed as Exhibit 10.6 to the Company’s Form S-1 dated 9/30/2017)
10.7 Securities Purchase Agreement Dated 6/20/2017*  ( filed as Exhibit 10.7 to the Company’s Form S-1 dated 9/30/2017)
10.8 Consulting Agreement with Brian Devine*( filed as Exhibit 10.8 to the Company’s Form S-1 dated 9/30/2017)
10.9 Consulting Agreement with Linda Black*( filed as Exhibit 10.9 to the Company’s Form S-1 dated 9/30/2017)
10.10 Consulting Agreement with Jonathan Baell*( filed as Exhibit 10.10 to the Company’s Form S-1 dated 9/30/2017)
10.11 Consulting Agreement with Thomas Donnelly*( filed as Exhibit 10.11 to the Company’s Form S-1 dated 9/30/2017)
10.12 Consulting Agreement with Robin Gasser*( filed as Exhibit 10.12 to the Company’s Form S-1 dated 9/30/2017)
14.1 Code of Ethics*( filed as Exhibit 14.1 to the Company’s Form S-1 dated 9/30/2017)
10.13 Employment Agreement Harry Lander
10.14 Employment Agreement Todd Caven
10.15 December 2017 amendment Regen Agreement* ( Filed as Exhibit 10.15 to the Company’s Form S-1/A dated 1/15/2018)
10.16 Stock Purchase Agreement 900,000 shares common*( Filed as Exhibit 10.16 to the Company’s Form S-1/A dated 1/15/2018)
10.17 2018 letter agreement between Regen and Zander*( Filed as Exhibit 10.17 to the Company’s Form S-1/A dated 3/16/2018)
10.18 Purchase Agreement 100,000 Shares dated 1/29/2018*( Filed as Exhibit 10.18 to the Company’s Form S-1/A dated 3/16/2018)
10.19 Purchase Agreement 50,000 Shares dated 2/22/2018*( Filed as Exhibit 10.19 to the Company’s Form S-1/A dated 3/16/2018)
10.20 Purchase Agreement 100,000 Shares dated 2/21/2018*( Filed as Exhibit 10.20 to the Company’s Form S-1/A dated 3/16/2018)
10.21 Purchase Agreement 50,000 Shares dated June 16, 2018
10.21 Purchase Agreement 500,000 Shares
10.22 Purchase Agreement 50,000 Shares
10.23 Consulting Agreement Joey Harrick
10.24 Employment Agreement David Koos
10.25 Purchase Agreement 100,000 Shares
10.26 Purchase Agreement 50,000 Shares
10.27 Advisory Agreement Dakoy Capital (filed as Exhibit 10.1 to the Company’s Form 8-K dated June 13, 2018)
10.28 Placement Agent Agreement (filed as Exhibit 10.2 to the Company’s Form 8-K dated June 13, 2018)
10.29 Sublet Agreement ( filed as Exhibit 10.2 to the Company’s Form 8-K dated July 5, 2018)
10.30 Stock Purchase Agreement –Regen Biopharma Preferred Shares (filed as Exhibit 10.1 to the Company’s Form 8-K dated July 5, 2018)
10.21 Ampersand Agreement ( filed as Exhibit 10.3 to the Company’s Form 8-K dated July 5, 2018)
31.1 CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO SECTION 302 OF THE SARBANESE-OXLEY ACT OF 2002
31.2 CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO SECTION 302 OF THE SARBANESE-OXLEY ACT OF 2002
32.1 CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO 18 U.S.C SECTION 1350 AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002
32.2 CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO 18 U.S.C SECTION 1350 AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

 

 54 

 

 

SIGNATURES

 

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

    Zander Therapeutics, Inc.
     
  By: /s/ David R. Koos
  Name: David R. Koos
  Title: Chairman, Chief Executive Officer
  Date: September 25, 2018

 

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

    Zander Therapeutics, Inc.
     
  By: /s/ Todd S. Craven
  Name: Todd S. Craven
  Title: Chief Financial Officer, Director
  Date: September 25, 2018

 

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

    Zander Therapeutics, Inc.
     
  By: /s/ Harry Lander
  Name: Harry Lander
  Title: President ,Director
  Date: September 25, 2018

 

 55 

 

EX-10.13 2 ex10_13.htm EXHIBIT 10.13

EMPLOYMENT AGREEMENT BETWEEN

ZANDER THERAPEUTICS, INC.

AND

Harry M. Lander, Ph.D., M.B.A.

 

THIS EMPLOYMENT AGREEMENT (the "Agreement") dated as of August 5, 2017 is entered into between Zanderr Therapeutics, Inc., a Nevada corporation, (the "Company") and Harry M. Lander ("Employee").

 

WITNESSETH:

WHEREAS, Employee and the Company desire to enter into an agreement providing for the employment by the Company of Employee upon the terms provided herein.

REPRESENTATIONS AND WARRANTIES

A) Company hereby represents and warrants to Employee as follows;

(i) Corporate Existence of Company. Company:

(a) is a corporation duly formed, validly existing and in good standing under the laws of the State of Nevada and

(b) has all requisite power and authority, and has all governmental licenses, authorizations, consents and approvals necessary to execute and deliver this Agreement and to consummate the transactions contemplated by this Agreement.

 

(ii) No Conflicts. None of the execution, delivery and performance of this Agreement by Company, or the consummation or the transactions contemplated hereby and thereby

 

(a) constitutes or will constitute a violation of the organizational documents of Company,

(b) constitutes or will constitute a breach or violation of, or a default (or an event which, with notice or lapse of time or both, would constitute such a default) under, any indenture, mortgage, deed of Company, loan agreement, lease or other agreement or instrument to which Company is a party or by which Company or any of its properties may be bound,

(c) violates or will violate any statute, law or regulation or any order, judgment, decree or injunction of any court or Governmental Authority directed to Company or any of its properties in a proceeding to which its property is or was a party.

 

(B) Employee hereby represents and warrant to Company as follows:

(i) No Conflicts. None of the execution, delivery and performance of this Agreement by Employee, or the consummation of the transactions contemplated hereby and thereby

(a) constitutes or will constitute a breach or violation of, or a default (or an event which, with notice or lapse of time or both, would constitute such a default) under, any indenture, mortgage, deed of Trust, loan agreement, lease or other agreement or instrument to which Employee is a party or by which Employee or any of its properties may be bound,

  1  
 
 

 

(b) violates or will violate any statute, law or regulation or any order, judgment, decree or injunction of any court or Governmental Authority directed to Employee or any of their properties in a proceeding to which its property is or was a party.

AGREEMENT:

NOW, THEREFORE, in consideration of the foregoing and the mutual promises and agreements set forth herein, the parties hereto, intending to be legally bound, hereby agree as follows:

1. Employment. During the Employment Period (as defined in Section 2), the Company hereby employs Employee and Employee hereby accepts employment.

2. Term. The Term of this Agreement shall commence on August 15, 2017 and shall expire on August 14, 2019 unless sooner terminated in accordance with the provisions of Section 6 hereof; provided, however, that the term of this Agreement may be extended by mutual agreement. The period from the commencement of the term of this Agreement to the date of its expiration or sooner termination shall be considered to be the “Employment Period" hereunder. AT THE END OF THE EMPLOYMENT PERIOD, THIS AGREEMENT MAY BE EXTENDED FOR AN ADDITIONAL YEAR BY WRITTEN MUTUAL CONSENT OF THE PARTIES HERETO.

3. Duties. Employee shall be granted the title of President and Chief Scientific Officer of the Company subject to the authority of the Company's Chief Executive Officer (the “CEO”). Employee shall perform such duties commensurate with his office and as directed the CEO such duties to include, but not be limited to:

 

See Schedule 1.

 

During the Employment Period, Employee shall perform his duties hereunder in a diligent manner, subject to the provisions of Schedule 1 of this Agreement; devoting such amount of his business time, attention and efforts to the affairs of the Company within the scope of his employment as is necessary for the proper rendition of such service and shall use his best efforts to promote the best interests of the Company. Employee's services shall be rendered when and as required by the Board and in accordance with his instructions, direction and control.

It is agreed that Employee will only devote such time as to effectively conduct duties and responsibilities associated with this position pursuant to this Agreement.

4. Compensation Salary. During the Employment Period, Company shall pay Employee salary at the rate of:

 

  (i) During that period commencing August 15, 2017 and ending on the sooner of (a) the expiration of the Employment Period or (b) the last day of any month during the Employment period in which the Company shall have sold equity or debt securities generating net cash proceeds to the Company of Two Million Dollars ($2,000,000) or more (“Capital Raise”) Employee shall receive from the Company 10,000 shares of the Company's Series M Preferred stock per month as compensation for Employee’s services pursuant to this Agreement .

 

  (ii) During the period commencing the first day subsequent to the end of that month in which the successful completion by the Company of the Capital Raise shall have occurred and ending upon the expiration of the Employment Period, Company shall pay Employee salary at the rate of $16,667 per month prorated for any partial employment month ("Salary"). Salary shall be paid on a monthly basis (“Payday”). In the event that Payday falls on a Saturday, Sunday or holiday, Salary shall be paid on the next business day. Salary may be paid, at the Company’s sole discretion, either in:

 

  2  
 
 

 

(a)         cash, or

(b)         10,000 shares of the Company’s Series M Preferred stock (“Stock Payment”)

(c)       Registered shares of the Company's common stock (number of shares to be issued to employee =salary/previous day’s closing price prior to submitting issuance documents to transfer agent)

 

 

 

Employee acknowledges that any Stock Payments issued pursuant to this Agreement that are not registered pursuant to the Securities Act of 1933 shall constitute “restricted securities” as that term is defined in Rule 144 promulgated under the Securities Act of 1933, and shall contain the following restrictive legend:

 

THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”), OR SECURITIES LAWS OF ANY STATE AND MAY NOT BE OFFERED, SOLD, ASSIGNED, PLEDGED, TRANSFERRED OR OTHERWISE DISPOSED OF IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT AND APPLICABLE STATE SECURITIES LAWS OR PURSUANT TO AN AVAILABLE EXEMPTION FROM REGISTRATION UNDER THE ACT OR SUCH LAWS AND, IF REQUESTED BY THE COMPANY, UPON DELIVERY OF AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO THE COMPANY THAT THE PROPOSED TRANSFER IS EXEMPT FROM THE ACT OR SUCH LAWS.

 

The Company may register any Stock Payment pursuant to the Securities Act of 1933, but is not obligated to do so pursuant to this Agreement.

 

5. Benefits.

a. During the Employment Period, Employee shall be entitled to participation in any profit sharing plan, retirement plan, group life insurance plan or other insurance plan, medical expense plan, medical and dental insurance and other benefit arrangements maintained by the Company for its employees generally and, if applicable, their family members. In addition, Employee shall be entitled to 15 days paid vacation (“Vacation”) subject to having given fourteen days prior notice to the Company of Employee’s intent to Vacation.

b.        Stock Compensation.  Employee acknowledges he has received 500,000 Series M Preferred shares that are fully vested and considered compensation in full for service prior to the execution of this agreement .

Employee acknowledges that any Series M Shares  issued prior to or pursuant to this Agreement will not be  registered pursuant to the Securities Act of 1933 , shall constitute “restricted securities” as that term is defined in Rule 144 promulgated under the Securities Act of 1933 and shall contain the following restrictive legend:

THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”), OR SECURITIES LAWS OF ANY STATE AND MAY NOT BE OFFERED, SOLD, ASSIGNED, PLEDGED, TRANSFERRED OR OTHERWISE DISPOSED OF IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT AND APPLICABLE STATE SECURITIES LAWS OR PURSUANT TO AN AVAILABLE EXEMPTION FROM REGISTRATION UNDER THE ACT OR SUCH LAWS AND, IF REQUESTED BY THE COMPANY, UPON DELIVERY OF AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO THE COMPANY THAT THE PROPOSED TRANSFER IS EXEMPT FROM THE ACT OR SUCH LAWS.

d.       Milestone Shares. Employee shall receive another an aggregate of 10,000,000 newly issued Series M Preferred shares of the Company upon achievement of milestones (“Milestone Shares”).  The shares shall be subject to a vesting schedule (See Schedule 2)

 

 

6. Termination.

  3  
 
 

 

a. Employee's employment hereunder shall terminate upon the earlier of:

(i) the expiration of the Employment Period,

(ii) the death of Employee,

(iii) the expiration of a continuous period of thirty (30) calendar days during which Employee is unable to perform his material duties due to physical or mental incapacity,

(iv) termination by the Company due to “just cause,”

(v) termination by Employee due to a material breach of this Agreement by the Company. The exercise of the right of the Company or Employee to terminate this Agreement pursuant to clauses (iv) or (v) hereof, as the case may be, shall not abrogate the rights and remedies of the terminating party in respect of the breach giving rise to such termination.

b. "Just cause" hereunder shall be defined and limited to mean:

(i) Employee's failure or refusal, as determined by the CEO in his sole discretion, to perform specific directives of the CEO which are consistent with the scope and nature of Employee's duties and responsibilities as set forth herein (including the duties described in Section 3), which failure or refusal continues after notice thereof and a reasonable time to cure; such reasonable time to be determined by the CEO.

(ii) Employee's conviction for a felony or any crime involving moral turpitude, fraud, or misrepresentation, or the presentation of proof satisfactory to the CEO in the exercise of his reasonable judgment of Employee's misappropriation or embezzlement of funds or assets from the Company;

(iii) any intentional act having the purpose and effect of injuring the reputation, business or business relationships of the Company in any material respect; and

(iv) any breach by Employee of any material provision of this Agreement, including, without limitation, the restrictive covenants contained in Section 7 hereof.

c. In the event of any dispute regarding the existence of Employee's incapacity hereunder, the matter wil1 be resolved by the determination of a physician qualified to practice medicine in California selected by the CEO. For this purpose, Employee will submit to appropriate medical examinations.

d. If Employee's employment hereunder is terminated pursuant to Section 6, the Company shall have no further obligations or liabilities hereunder.

7. Restrictive Covenant.

a. Non-disclosure. Employee has, and during the Employment Period will have, access to confidential information and trade secrets of the Company and its subsidiaries (the "Confidential Information") that may include, among other things:

(i) Financial information

(ii) Supply and services information

(iii) Marketing information

  4  
 
 

 

(iv) Personnel information

(v) Customer information

(vi) Product information

(vii) The Company’s procedures, systems, policies and processes of operation.

 

Employee shall at all times during his employment by the Company and thereafter hold in strictest confidence any and all Confidential Information that may have come or may come into Employee's possession or within Employee's knowledge. Employee agrees that neither he nor any person or entity, directly or indirectly, controlled by or under common control with the Employee (an "Affiliate")will for any reason, except in the course of performing his duties hereunder, for himself or any other person, use or disclose to anyone, exclusive of Company employees, agents, representatives, or independent consultants to the Company or any of its subsidiaries or Affiliates of the Company, any Confidential Information; provided, however, that Employee may disclose Confidential Information which (i) has become generally available to the public other than as a result of a breach of this Agreement by Employee or (ii) Employee is compelled to disclose pursuant to subpoena or an order by a court competent jurisdiction; provided that, if Employee is so required to disclose any Confidential Information pursuant to the foregoing clause (ii), Employee shall provide advance written notice to the Company, to the extent possible, to allow the Company to seek an appropriate protective order therefore (iii) Potential advisors, employees, or investors of the Company where there is a reasonable expectation of confidentiality. All Confidential Information shall remain the Company's property and shall be returned (or, at the Company's option, destroyed) upon the Company's written request.

b. Non-Solicitation of Employees. Employee agrees that from the date hereof and continuing for a period of three years following the termination of this Agreement for whatever reason (the "Non-Compete Period"), neither Employee nor any Affiliate of Employee will solicit or hire for employment any officer, director or employee of the Company who was employed by the Company at any time within twelve months prior to the act of solicitation.

c. Non-Competition. Employee agrees that, other than with the approval of the CEO, which approval shall not be unreasonably withheld, during the Employment Period, neither Employee nor any Affiliate of Employee will, directly or indirectly, become a shareholder, director, officer, agent, partner or employee of, or otherwise hold any ownership interest in, any person, firm or entity engaged in any Competitive Business (as defined below), engage as a sole proprietor in any Competitive Business, act as a consultant to or assist any of the foregoing or otherwise engage or participate in any Competitive Business; provided, however, that the foregoing shall not prohibit the ownership by Employee of less than ten percent (10%) of the outstanding shares of the stock of any corporation engaged in any Competitive Business, which shares are regularly traded on a national securities exchange or in any over-the-counter market. For the purpose hereof, "Competitive Business" means the ownership, operation, development, marketing of the services related to, or management of cellular therapeutics within the United States.

d. Consideration, Relief, Reformation; Severability. The Company has specifically bargained for the covenants set forth in this Section 6 in consideration for the compensation, experience, and information that Employee will gain or receive in connection with his employment by the Company. Employee agrees that the covenants set forth herein will not preclude Employee from engaging in any lawful profession, trade or business or from being gainfully employed necessary to provide Employee, his family members and dependents a standard of living to which he and they have been accustomed and may expect. Employee

  5  
 
 

 

acknowledges and agrees that the restrictive covenants in this Section 6 have been specifically negotiated, are reasonable in all respects, including, without limitation, their geographic scope and duration, and may be enforced by specific performance or otherwise. Employee shall not raise any issue of reasonableness as a defense in any proceeding to enforce any of such covenants. Notwithstanding the foregoing, in the event that a covenant included in this Agreement shall be deemed by any court to be unreasonably broad in any respect, it shall be modified or limited in its geographic scope, duration or otherwise to the extent necessary to make it reasonable while preserving its restrictive nature to the maximum degree possible and shall be enforced accordingly; provided however, that if, notwithstanding the foregoing, a court of competent jurisdiction shall hold any of the covenants contained in Sections 7 (a), (b) or (c) to be unenforceable (as so modified), then the unenforceable covenant shall be deemed eliminated from the provisions of this Agreement for the purpose of those proceedings to the extent necessary to permit the remaining covenants to be enforced so that the validity, legality or enforceability of the remaining provisions of this Agreement shall not be affected thereby.

8. Developments.

Employee hereby assigns to the Company his entire right, title and interest in all know how, discoveries and improvements, customer lists, trade secrets and ideas, writings and copyrightable material, which may be conceived by Employee or developed or acquired by him during the term of this Agreement, which may pertain directly to the Company's business and were developed with Company resources. Employee agrees to promptly and fully disclose in writing all such developments. Employee will, upon the Company's request, execute, acknowledge and deliver to the Company all instruments and do all other acts which are necessary or desirable to entitle the Company to all rights in the foregoing and enable the Company to file and prosecute applications for, and to acquire, maintain and enforce all letters, trademark registrations or copyrights with respect to the foregoing in all countries.

9. Remedies.

Employee acknowledges that any material breach of this Agreement will cause irreparable harm to the Company, that such harm will be difficult if not impossible to ascertain, and that the Company shall be entitled to equitable relief, including injunction, against any actual or threatened breach hereof, without bond and without liability should such relief be denied, modified or vacated. Neither the right to obtain such relief nor the obtaining of such relief shall be exclusive of or preclude the Company from any other remedy.

10. Legal Counsel.

Employee acknowledges that Employee has carefully read this Agreement and understands all of the terms hereof and that Employee has been given the opportunity to discuss this Agreement with Employee's private legal counsel and has availed himself of that opportunity to the extent Employee wishes to do so.

11. Notices.

All notices, requests and other communications under this Agreement shall be in writing and shall be deemed to have been received five business days after having been deposited in the United States Mail and enclosed in a registered or certified post-paid envelope; one day after having been sent by overnight courier on a business day or otherwise at the open of business on the next succeeding business day; when personally delivered or sent by facsimile communications equipment of the sending party on a business day or otherwise at the open of business on the next succeeding business day; and, in each case, addressed to the respective parties at the addresses stated below or to such other changed addresses that the parties may have fixed by notice in accordance herewith.

  6  
 
 

 

If to the Company:

Zander Therapeutics, Inc.

4700 Sprint Street, Suite 304

La Mesa, CA 91942

 

Attn: David Koos, CEO

 

 

 

If to Employee:

Harry M. Lander, Ph.D., M.B.A.

6653 Aranda Ave

La Jolla, CA 92037

+1(917) 696-1991

hazhml@aol.com

 

12. Waiver of Breach.

A waiver by the Company or Employee of a breach of any provision of this Agreement by the other party shall not operate or be construed as a waiver of any subsequent breach by the other party.

13. Entire Agreement.

This instrument contains the entire agreement of the parties with respect to the subject matter hereof and supersedes any prior agreements of the parties with respect to the subject matter hereof. It may be changed only by an agreement in writing signed by a party against whom enforcement of any waiver, change, modification, extension or discharge is sought.

 14. Applicable Law.

 The terms and conditions of this Agreement shall be governed by and construed in accordance with the laws of the State or California. Any action to enforce this Agreement shall be brought in the state courts located in San Diego County, State of California.

IN WHITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first above written.

By:/s/David Koos

________________________ 

David R. Koos

Chief Executive Officer

 

By: /s/Harry M. Lander

_________________________

Harry M. Lander, Ph.D., M.B.A.

 

  7  
 
 

 

 

Schedule 1.

 

Employer: ZanderZander Therapeutics, Inc.

 

Location: Company Headquarters and any remote offices

 

Description:

 

Job Description – President

 

Job Summary

 

The President, reporting directly to the CEO, will develop a robust strategic plan and vision for the advancement of Zander’s research into commercial products. The President leads the growth of Zander’s technology, whether from in-house research or through corporate or academic partnerships, business development, and commercialization initiatives to support Zander’s vision.

 

He/she leads the development of the commercial innovation capability at Zander to execute a quantifiable business development strategy to catalyze the development of new products and services. Zander expects to become a regional leader in moving innovation and research into the commercial marketplace and will look to the incumbent to play a leading role in realizing that goal. The President ensures that the research programs of Zander align with that of its vision and plays an important role in external relations.

 

Key Accountabilities

  The President, in concert with the CEO, will develop a robust strategic plan and vision for the advancement of ZanderZander’s research into commercial markets. The President leads the growth of ZanderZander’s technology, business development, and commercialization initiatives to support ZanderZander’s vision.

 

  The President will devise an implementation plan that articulates how Zander will achieve its strategic plan. This will likely include milestones, a catalyst calendar and a plan for each product line.

 

  8  
 
 

 

  In conjunction with the CFO, the President will identify strategies to raise capital to fund the enterprise. A use of funds document will be created and converted to a 1 and 2 year budget.

 

  The President will be responsible for adjusting and maintaining the ZanderZander Scientific Advisory Board. In addition to reviewing and revising membership, he/she will organize quarterly meetings of the SAB and ensure that the materials presented to the SAB are timely and that any actionable items resulting from the meetings are followed up on.

 

  He/she leads the development of the commercial innovation capability at Zander to execute a quantifiable business development strategy to catalyze the development of new products and services. Zander expects to become a regional leader in moving innovation and research to the commercial marketplace and will look to the incumbent to play a leading role in realizing that goal.

 

  The incumbent provides expert intelligence on the biotechnology, pharmaceutical, medical device, software and intellectual property market dynamics, stays abreast of industry-wide changes and trends, proactively identifies opportunities for Zander. He/she assesses the technology transfer and business development needs within ZanderZander’s scientific & clinical communities, and develops strategies for addressing deficits and advancing commercialization potential.

 

  The President is responsible for developing and managing external business relationships with key industry partners (including pharmaceutical, biotechnology, CROs, medical device, and diagnostic companies), leading commercialization partnerships and new ventures with industry, including building sponsored research collaborations with industry and academia. He/she represents Zander at national meetings as needed to further business development goals.

 

  The President leads the negotiation and structuring of complex license, collaborative research, and similar agreements to reflect complex business issues, assessing the protectability and commercial potential of new invention disclosures, obtaining and maintaining intellectual property protection through legal counsel, pursuing expanded relationships with the corporate sector, attracting venture capital (or other funding) for

 

  9  
 
 

 

investment and facilitating relationships among scientists, industry, research sponsors, patent counsel and university and industry administrators.

 

Schedule 2.

Vesting Schedule for Milestone shares

  3. Milestone Shares will be issued upon occurrence of any of the following events having occurred during the employment by the Company of the Employee. Milestone shares will vest immediately and are not subject to Transfer Restrictions.

a)                   Two Million Milestone Shares will be issued upon the establishment of a Materials Transfer Agreement by and between the Company and an unaffiliated third party engaged to a material degree in the development , commercialization and marketing of veterinary pharmaceuticals and/or biologics and which has earned revenues related to sales and /o( licensing of veterinary pharmaceuticals and/or biologics exceeding $10,000,000 per year during the past three fiscal years immediately prior to the establishment of a Materials Transfer Agreement with the Company

b)        Two Million Milestone Shares will be issued upon the granting of a license by the Company ( such license granting the licensee the right to develop and commercialize intellectual property of the Company and which shall require the payment of royalties to the Company) to an unaffiliated third party engaged to a material degree in the development , commercialization and marketing of veterinary pharmaceuticals and/or biologics and which has earned revenues related to sales and /or licensing of veterinary pharmaceuticals and/or biologics exceeding 10,000,000 per year during the past three fiscal years immediately prior to the granting of the aforementioned license

c)                   Two Million Milestone Shares will be issued upon In-licensing by the Company of any optimized compound for veterinary disease applications

d)                  Two Million Milestone Shares will be issued upon creation by the Company of an optimized compound for NR2F6 Inhibition

e)                  Two Million Milestone Shares will be issued upon creation by the Company an optimized compound for NR2F6 Activation

 

 

EX-10.14 3 ex10_14.htm EXHIBIT 10.14

EMPLOYMENT AGREEMENT BETWEEN

ZANDER THERAPEUTICS, INC.

AND

Todd S. Caven

 

THIS EMPLOYMENT AGREEMENT (the "Agreement") dated as of August 21, 2017 is entered into between Zanderr Therapeutics, Inc., a Nevada corporation, (the "Company") and Todd S. Caven ("Employee").

 

WITNESSETH:

WHEREAS, Employee and the Company desire to enter into an agreement providing for the employment by the Company of Employee upon the terms provided herein.

REPRESENTATIONS AND WARRANTIES

A) Company hereby represents and warrants to Employee as follows;

(i) Corporate Existence of Company. Company:

(a) is a corporation duly formed, validly existing and in good standing under the laws of the State of Nevada and

(b) has all requisite power and authority, and has all governmental licenses, authorizations, consents and approvals necessary to execute and deliver this Agreement and to consummate the transactions contemplated by this Agreement.

 

(ii) No Conflicts. None of the execution, delivery and performance of this Agreement by Company, or the consummation or the transactions contemplated hereby and thereby

 

(a) constitutes or will constitute a violation of the organizational documents of Company,

(b) constitutes or will constitute a breach or violation of, or a default (or an event which, with notice or lapse of time or both, would constitute such a default) under, any indenture, mortgage, deed of Company, loan agreement, lease or other agreement or instrument to which Company is a party or by which Company or any of its properties may be bound,

(c) violates or will violate any statute, law or regulation or any order, judgment, decree or injunction of any court or Governmental Authority directed to Company or any of its properties in a proceeding to which its property is or was a party.

 

(B) Employee hereby represents and warrant to Company as follows:

(i) No Conflicts. None of the execution, delivery and performance of this Agreement by Employee, or the consummation of the transactions contemplated hereby and thereby

(a) constitutes or will constitute a breach or violation of, or a default (or an event which, with notice or lapse of time or both, would constitute such a default) under, any indenture, mortgage, deed of Trust, loan agreement, lease or other agreement or instrument to which Employee is a party or by which Employee or any of its properties may be bound,

(b) violates or will violate any statute, law or regulation or any order, judgment, decree or injunction of any court or Governmental Authority directed to Employee or any of their properties in a proceeding to which its property is or was a party.

AGREEMENT:

  1  
 
 

 

NOW, THEREFORE, in consideration of the foregoing and the mutual promises and agreements set forth herein, the parties hereto, intending to be legally bound, hereby agree as follows:

1. Employment. During the Employment Period (as defined in Section 2), the Company hereby employs Employee and Employee hereby accepts employment.

2. Term. The Term of this Agreement shall commence on August 15, 2017 and shall expire on August 14, 2019 unless sooner terminated in accordance with the provisions of Section 6 hereof; provided, however, that the term of this Agreement may be extended by mutual agreement. The period from the commencement of the term of this Agreement to the date of its expiration or sooner termination shall be considered to be the “Employment Period" hereunder. AT THE END OF THE EMPLOYMENT PERIOD, THIS AGREEMENT MAY BE EXTENDED FOR AN ADDITIONAL YEAR BY WRITTEN MUTUAL CONSENT OF THE PARTIES HERETO.

3. Duties. Employee shall be granted the title of President and Chief Scientific Officer of the Company subject to the authority of the Company's Chief Executive Officer (the “CEO”). Employee shall perform such duties commensurate with his office and as directed the CEO such duties to include, but not be limited to:

 

See Schedule 1.

 

During the Employment Period, Employee shall perform his duties hereunder in a diligent manner, subject to the provisions of Schedule 1 of this Agreement; devoting such amount of his business time, attention and efforts to the affairs of the Company within the scope of his employment as is necessary for the proper rendition of such service and shall use his best efforts to promote the best interests of the Company. Employee's services shall be rendered when and as required by the Board and in accordance with his instructions, direction and control.

It is agreed that Employee will only devote such time as to effectively conduct duties and responsibilities associated with this position pursuant to this Agreement.

4. Compensation Salary. During the Employment Period, Company shall pay Employee salary at the rate of:

 

  (i) During that period commencing August 15, 2017 and ending on the sooner of (a) the expiration of the Employment Period or (b) the last day of any month during the Employment period in which the Company shall have sold equity or debt securities generating net cash proceeds to the Company of Two Million Dollars ($2,000,000) or more (“Capital Raise”) Employee shall receive from the Company 10,000 shares of the Company's Series M Preferred stock per month as compensation for Employee’s services pursuant to this Agreement .

 

  (ii) During the period commencing the first day subsequent to the end of that month in which the successful completion by the Company of the Capital Raise shall have occurred and ending upon the expiration of the Employment Period, Company shall pay Employee salary at the rate of $16,667 per month prorated for any partial employment month ("Salary"). Salary shall be paid on a monthly basis (“Payday”). In the event that Payday falls on a Saturday, Sunday or holiday, Salary shall be paid on the next business day. Salary may be paid, at the Company’s sole discretion, either in:

 

(a)         cash, or

(b)         10,000 shares of the Company’s Series M Preferred stock (“Stock Payment”)

(c)       Registered shares of the Company's common stock (number of shares to be issued to employee =salary/previous day’s closing price prior to submitting issuance documents to transfer agent)

 

Employee acknowledges that any Stock Payments issued pursuant to this Agreement that are not registered pursuant to the Securities Act of 1933 shall constitute “restricted securities” as that term is defined in Rule 144 promulgated under the Securities Act of 1933, and shall contain the following restrictive legend:

 

THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”), OR SECURITIES LAWS OF ANY STATE AND MAY NOT BE OFFERED, SOLD, ASSIGNED, PLEDGED, TRANSFERRED OR OTHERWISE DISPOSED OF IN THE ABSENCE OF AN

  2  
 
 

 

EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT AND APPLICABLE STATE SECURITIES LAWS OR PURSUANT TO AN AVAILABLE EXEMPTION FROM REGISTRATION UNDER THE ACT OR SUCH LAWS AND, IF REQUESTED BY THE COMPANY, UPON DELIVERY OF AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO THE COMPANY THAT THE PROPOSED TRANSFER IS EXEMPT FROM THE ACT OR SUCH LAWS.

 

The Company may register any Stock Payment pursuant to the Securities Act of 1933, but is not obligated to do so pursuant to this Agreement.

 

5. Benefits.

a. During the Employment Period, Employee shall be entitled to participation in any profit sharing plan, retirement plan, group life insurance plan or other insurance plan, medical expense plan, medical and dental insurance and other benefit arrangements maintained by the Company for its employees generally and, if applicable, their family members. In addition, Employee shall be entitled to 15 days paid vacation (“Vacation”) subject to having given fourteen days prior notice to the Company of Employee’s intent to Vacation.

b.        Stock Compensation.  Employee acknowledges he has received 500,000 Series M Preferred shares that are fully vested and considered compensation in full for service prior to the execution of this agreement .Employee acknowledges that any Series M Shares  issued prior to or pursuant to this Agreement will not be  registered pursuant to the Securities Act of 1933 , shall constitute “restricted securities” as that term is defined in Rule 144 promulgated under the Securities Act of 1933 and shall contain the following restrictive legend:

THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”), OR SECURITIES LAWS OF ANY STATE AND MAY NOT BE OFFERED, SOLD, ASSIGNED, PLEDGED, TRANSFERRED OR OTHERWISE DISPOSED OF IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT AND APPLICABLE STATE SECURITIES LAWS OR PURSUANT TO AN AVAILABLE EXEMPTION FROM REGISTRATION UNDER THE ACT OR SUCH LAWS AND, IF REQUESTED BY THE COMPANY, UPON DELIVERY OF AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO THE COMPANY THAT THE PROPOSED TRANSFER IS EXEMPT FROM THE ACT OR SUCH LAWS.

d.       Milestone Shares. Employee shall receive another an aggregate of 10,000,000 newly issued Series M Preferred shares of the Company upon achievement of milestones (“Milestone Shares”).  The shares shall be subject to a vesting schedule (See Schedule 2)

 

 

6. Termination.

a. Employee's employment hereunder shall terminate upon the earlier of:

(i) the expiration of the Employment Period,

(ii) the death of Employee,

(iii) the expiration of a continuous period of thirty (30) calendar days during which Employee is unable to perform his material duties due to physical or mental incapacity,

(iv) termination by the Company due to “just cause,”

(v) termination by Employee due to a material breach of this Agreement by the Company. The exercise of the right of the Company or Employee to terminate this Agreement pursuant to clauses

  3  
 
 

 

(iv) or (v) hereof, as the case may be, shall not abrogate the rights and remedies of the terminating party in respect of the breach giving rise to such termination.

b. "Just cause" hereunder shall be defined and limited to mean:

(i) Employee's failure or refusal, as determined by the CEO in his sole discretion, to perform specific directives of the CEO which are consistent with the scope and nature of Employee's duties and responsibilities as set forth herein (including the duties described in Section 3), which failure or refusal continues after notice thereof and a reasonable time to cure; such reasonable time to be determined by the CEO.

(ii) Employee's conviction for a felony or any crime involving moral turpitude, fraud, or misrepresentation, or the presentation of proof satisfactory to the CEO in the exercise of his reasonable judgment of Employee's misappropriation or embezzlement of funds or assets from the Company;

(iii) any intentional act having the purpose and effect of injuring the reputation, business or business relationships of the Company in any material respect; and

(iv) any breach by Employee of any material provision of this Agreement, including, without limitation, the restrictive covenants contained in Section 7 hereof.

c. In the event of any dispute regarding the existence of Employee's incapacity hereunder, the matter wil1 be resolved by the determination of a physician qualified to practice medicine in California selected by the CEO. For this purpose, Employee will submit to appropriate medical examinations.

d. If Employee's employment hereunder is terminated pursuant to Section 6, the Company shall have no further obligations or liabilities hereunder.

7. Restrictive Covenant.

a. Non-disclosure. Employee has, and during the Employment Period will have, access to confidential information and trade secrets of the Company and its subsidiaries (the "Confidential Information") that may include, among other things:

(i) Financial information

(ii) Supply and services information

(iii) Marketing information

(iv) Personnel information

(v) Customer information

(vi) Product information

(vii) The Company’s procedures, systems, policies and processes of operation.

 

Employee shall at all times during his employment by the Company and thereafter hold in strictest confidence any and all Confidential Information that may have come or may come into Employee's possession or within Employee's knowledge. Employee agrees that neither he nor any person or entity, directly or indirectly, controlled by or under common control with the Employee (an "Affiliate")will for any reason, except in the course of performing his duties hereunder, for himself or any other person, use or disclose to anyone, exclusive of Company employees, agents, representatives, or independent consultants to

  4  
 
 

 

the Company or any of its subsidiaries or Affiliates of the Company, any Confidential Information; provided, however, that Employee may disclose Confidential Information which (i) has become generally available to the public other than as a result of a breach of this Agreement by Employee or (ii) Employee is compelled to disclose pursuant to subpoena or an order by a court competent jurisdiction; provided that, if Employee is so required to disclose any Confidential Information pursuant to the foregoing clause (ii), Employee shall provide advance written notice to the Company, to the extent possible, to allow the Company to seek an appropriate protective order therefore (iii) Potential advisors, employees, or investors of the Company where there is a reasonable expectation of confidentiality. All Confidential Information shall remain the Company's property and shall be returned (or, at the Company's option, destroyed) upon the Company's written request.

b. Non-Solicitation of Employees. Employee agrees that from the date hereof and continuing for a period of three years following the termination of this Agreement for whatever reason (the "Non-Compete Period"), neither Employee nor any Affiliate of Employee will solicit or hire for employment any officer, director or employee of the Company who was employed by the Company at any time within twelve months prior to the act of solicitation.

c. Non-Competition. Employee agrees that, other than with the approval of the CEO, which approval shall not be unreasonably withheld, during the Employment Period, neither Employee nor any Affiliate of Employee will, directly or indirectly, become a shareholder, director, officer, agent, partner or employee of, or otherwise hold any ownership interest in, any person, firm or entity engaged in any Competitive Business (as defined below), engage as a sole proprietor in any Competitive Business, act as a consultant to or assist any of the foregoing or otherwise engage or participate in any Competitive Business; provided, however, that the foregoing shall not prohibit the ownership by Employee of less than ten percent (10%) of the outstanding shares of the stock of any corporation engaged in any Competitive Business, which shares are regularly traded on a national securities exchange or in any over-the-counter market. For the purpose hereof, "Competitive Business" means the ownership, operation, development, marketing of the services related to, or management of cellular therapeutics within the United States.

d. Consideration, Relief, Reformation; Severability. The Company has specifically bargained for the covenants set forth in this Section 6 in consideration for the compensation, experience, and information that Employee will gain or receive in connection with his employment by the Company. Employee agrees that the covenants set forth herein will not preclude Employee from engaging in any lawful profession, trade or business or from being gainfully employed necessary to provide Employee, his family members and dependents a standard of living to which he and they have been accustomed and may expect. Employee acknowledges and agrees that the restrictive covenants in this Section 6 have been specifically negotiated, are reasonable in all respects, including, without limitation, their geographic scope and duration, and may be enforced by specific performance or otherwise. Employee shall not raise any issue of reasonableness as a defense in any proceeding to enforce any of such covenants. Notwithstanding the foregoing, in the event that a covenant included in this Agreement shall be deemed by any court to be unreasonably broad in any respect, it shall be modified or limited in its geographic scope, duration or otherwise to the extent necessary to make it reasonable while preserving its restrictive nature to the maximum degree possible and shall be enforced accordingly; provided however, that if, notwithstanding the foregoing, a court of competent jurisdiction shall hold any of the covenants contained in Sections 7 (a), (b) or (c) to be unenforceable (as so modified), then the unenforceable covenant shall be deemed eliminated from the provisions of this Agreement for the purpose of those proceedings to the extent necessary to permit the remaining covenants to be enforced so that the validity, legality or enforceability of the remaining provisions of this Agreement shall not be affected thereby.

8. Developments.

Employee hereby assigns to the Company his entire right, title and interest in all know how, discoveries and improvements, customer lists, trade secrets and ideas, writings and copyrightable material, which may be conceived by Employee or developed or acquired by him during the term of this Agreement, which may pertain directly to the Company's business and were developed with Company resources. Employee agrees to promptly and

  5  
 
 

 

fully disclose in writing all such developments. Employee will, upon the Company's request, execute, acknowledge and deliver to the Company all instruments and do all other acts which are necessary or desirable to entitle the Company to all rights in the foregoing and enable the Company to file and prosecute applications for, and to acquire, maintain and enforce all letters, trademark registrations or copyrights with respect to the foregoing in all countries.

9. Remedies.

Employee acknowledges that any material breach of this Agreement will cause irreparable harm to the Company, that such harm will be difficult if not impossible to ascertain, and that the Company shall be entitled to equitable relief, including injunction, against any actual or threatened breach hereof, without bond and without liability should such relief be denied, modified or vacated. Neither the right to obtain such relief nor the obtaining of such relief shall be exclusive of or preclude the Company from any other remedy.

10. Legal Counsel.

Employee acknowledges that Employee has carefully read this Agreement and understands all of the terms hereof and that Employee has been given the opportunity to discuss this Agreement with Employee's private legal counsel and has availed himself of that opportunity to the extent Employee wishes to do so.

11. Notices.

All notices, requests and other communications under this Agreement shall be in writing and shall be deemed to have been received five business days after having been deposited in the United States Mail and enclosed in a registered or certified post-paid envelope; one day after having been sent by overnight courier on a business day or otherwise at the open of business on the next succeeding business day; when personally delivered or sent by facsimile communications equipment of the sending party on a business day or otherwise at the open of business on the next succeeding business day; and, in each case, addressed to the respective parties at the addresses stated below or to such other changed addresses that the parties may have fixed by notice in accordance herewith.

If to the Company:

Zander Therapeutics, Inc.

4700 Sprint Street, Suite 304

La Mesa, CA 91942

 

Attn: David Koos, CEO

 

 

 

If to Employee:

Todd S Caven

toddcaven@saguarocapitalpartners.com

 

12. Waiver of Breach.

A waiver by the Company or Employee of a breach of any provision of this Agreement by the other party shall not operate or be construed as a waiver of any subsequent breach by the other party.

13. Entire Agreement.

  6  
 
 

 

This instrument contains the entire agreement of the parties with respect to the subject matter hereof and supersedes any prior agreements of the parties with respect to the subject matter hereof. It may be changed only by an agreement in writing signed by a party against whom enforcement of any waiver, change, modification, extension or discharge is sought.

 14. Applicable Law.

 The terms and conditions of this Agreement shall be governed by and construed in accordance with the laws of the State or California. Any action to enforce this Agreement shall be brought in the state courts located in San Diego County, State of California.

IN WHITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first above written.

By:/s/David Koos

________________________ 

David R. Koos

Chief Executive Officer

 

By: /s/Todd S. Caven

_________________________

Todd S. Caven

 

 

Schedule 1.

 Employer: Zander Therapeutics, Inc.

 

Location: Company Headquarters and any remote offices Description:

Job Description - Chief Financial Officer

 

Job Summary

 

The CFO, reporting directly to the CEO, will develop a robust strategic plan and vision for the advancement of Zander's research into commercial products. The CFOt leads the growth of Zander's technology, whether from in-house research or through corporate or academic partnerships, business development, and commercialization initiatives to support Zander's vision.

 

 

 

He/she leads the development of the commercial innovation capability at Zander to execute a quantifiable business development strategy to catalyze the development of new products and services. Zander expects to become a regional leader in moving innovation and research into the commercial marketplace and will look to the incumbent to play a leading role in realizing

  7  
 
 

 

that goal. The President ensures that the research programs of Zander align with that of its vision and plays an important role in external relations.

 

 

Key Accountabilities

  The Chief Financial Officer, in concert with the CEO, will develop a robust strategic plan and vision for the advancement of Zander's research into commercial markets. The Chief Financial Officer leads the growth of Zander's business development, financing and commercialization initiatives to support Zander's vision.

 

  The Chief Financial Officer will devise an implementation plan that articulates how Zander will achieve its strategic plan. This will likely include milestones, a catalyst calendar and a plan for financing business operations.

 

  8  
 
 

 

  In conjunction with the CEO, the Chief Financial Officer will identify strategies to raise capital to fund the enterprise. A use of funds document will be created and converted to a 1 and 2 year budget.

 

  CFO leads the development of the commercial innovation capability at Zander to execute a quantifiable business development strategy to catalyze the development of new products and services. Zander expects to become a regional leader in moving innovation and research to the commercial marketplace and will look to the incumbent to play a leading role in realizing that goal.

 

 

  The CFO is responsible for developing and managing external business relationships with key financial industry partners (including investment banks, funds, private equity groups and institutional investors), leading commercialization partnerships and new ventures with industry.

 

  9  
 
 

 

 

 

Schedule 2.

 

Vesting Schedule for Milestone shares

 

  3. Milestone Shares will be issued upon occurrence of any of the following events having occurred during the employment by the Company of the Employee. Milestone shares will vest immediately and are not subject to Transfer Restrictions.

 

a) Two Million Milestone Shares will be issued upon the Chief Financial Officer raising$ 500,000 to finance the Company's operations.

b) Two Million Milestone Shares will be issued upon the Chief Financial Officer raising a subsequent $500,000 to finance the Company's operations.

c) Two Million Milestone Shares will be issued upon the Chief Financial Officer raising a subsequent $500,000 to finance the Company's operations.

d) Two Million Milestone Shares will be issued upon the Chief Financial Officer raising a subsequent $500,000 to finance the Company's operations.

e) Two Million Milestone Shares will be issued upon the Chief Financial Officer raising a subsequent $500,000 to finance the Company's operations.

 

To fully vest in the total 10 million milestone shares, the Chief Financial Officer will have to raise $2 million for Zander Therapeutics in the tranches listed above in a) to e).

 

 

EX-10.21 4 ex10_21.htm EXHIBIT 10.21

SECURITIES PURCHASE AGREEMENT ZANDER THERAPEUTICS, INC.

 

THIS SECURITIES PURCHASE AGREEMENT (the "Agreement") is entered into by and among Zander Therapeutics, Inc., a Nevada corporation (the "Company") whose address is 4700 Spring Street, St 304, La Mesa, California 91942, and ______________("Purchaser '), a trust whose address is____________________.

 

The Securities offered have not been, and will not be, registered under the Securities Act of 1933, as amended (the "Act") and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons except pursuant to an exemption from, or in a transaction not subject to, the registration requirement of the Act. The Securities are being offered and sold only to "accredited investors" (as defined in Rule 501 of Regulation D under the Securities Act).

 

WHEREAS:

The Purchaser desires to purchase shares of the common stock of the Company ("Shares") in accordance with the terms and conditions set forth herein.

The Company desires to issue and sell Shares to the Purchaser in accordance with the terms and conditions set forth herein.

THEREFORE, IT IS AGREED AS FOLLOWS

1. Purchase Price

 

The purchase price per Share ('"Purchase Price"), payable in US Dollars, shall be $2.00 per Share. 

2. Form of Payment

 

The Purchaser shall pay the Purchase Price per Share multiplied by that number of Shares Purchased by wire transfer of immediately available funds to the Company.

WIRE INSTRUCTIONS:

 

Zander Therapeutics Wire Instructions:

 

 

 1 

 

Issuance of Stock

 

10 business days subsequent to receipt of payment of the Purchase Price the Company shall issue to the Purchaser that number of Shares purchased

3. Purchaser's Representations and Warranties

 

(a)   As of the date hereof, the Purchaser is purchasing the Shares for its own account and not with a present view towards the public sale or distribution thereof, except pursuant to sales registered or exempted from registration under the Securities Act of 1933, as amended (the "Act").

(b) The Purchaser is an '"accredited investor" as that term is defined in Rule 501(a) of Regulation D promulgated under the Act.

(c)   The Purchaser and its advisors if any, have been, furnished with all materials relating to the business, finances and operations of the Company and materials relating to the offer and sale of the Stocks which have been requested by the Purchaser or its advisors. Notwithstanding the foregoing, the Company has not disclosed to the Purchaser any material nonpublic information and will not disclose such information unless such information is disclosed to the public prior to such disclosure to the Purchaser.

(d) Purchaser has the requisite power and authority to enter into and perform its obligations under this Agreement without the consent, approval or authorization of, or obligation to notify, any person, entity or governmental agency which consent has not been obtained.

(e)   The execution, delivery and performance of this Agreement by Purchaser does not and shall not constitute Purchaser's breach of any statute or regulation or ordinance of any governmental authority, and shall not conflict with or result in a breach of or default under any of the terms, conditions, or provisions of any order, writ, injunction, decree, contract, agreement, or instrument to which the Purchaser is a party, or by which Purchaser is or may be bound.

4. Company's representations and warranties

(a) Company is a corporation duly organized, validly existing and in good standing under the laws of the state its incorporation and has the requisite corporate power and authority to enter into and perform its obligations under this Agreement without the consent, approval or

 2 

 

 authorization of, or obligation to notify, any person, entity or governmental agency which consent has not been obtained.

(b)  The execution, delivery and performance of this Agreement by Company does not and shall not constitute Company's breach of any statute or regulation or ordinance of any governmental authority, and shall not conflict with or result in a breach of or default under any of the terms, conditions, or provisions of any order, writ, injunction, decree, contract, agreement, or instrument to which the Company is a party, or by which Company is or may be bound.

5. Restricted Securities Acknowledgement

 

SHARES TO BE ISSUED PURSUANT TO THIS AGREEMENT WILL NOT BE REGISTERED WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION PURSUANT TO THE SECURITIES ACT OF 1933 OR THE SECURITIES LAW OF ANY STATE OR OTHER JURISDICTION.

Purchaser acknowledges that any securities issued pursuant to this Agreement shall not be registered pursuant to the Securities Act of 1933 and shall constitute "restricted securities" as that term is defined in Rule 144 promulgated under the Act, and shall contain the following restrictive legend:

"THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE ''ACT"), OR SECURITIES LAWS OF ANY STATE AND MAY NOT BE OFFERED, SOLD, ASSIGNED, PLEDGED, TRANSFERRED OR OTHERWISE DISPOSED OF IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT AND APPLICABLE STATE SECURITIES LAWS OR PURSUANT TO AN AVAILABLE EXEMPTION FROM REGISTRATION UNDER THE ACT OR SUCH LAWS AND, IF REQUESTED BY THE COMPANY, UPON DELIVERY OF AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO THE COMPANY THAT THE PROPOSED TRANSFER IS EXEMPT FROM THE ACT OR SUCH LAWS."

9. Entire Agreement

 

This Agreement constitutes a final written expression of all the terms of the Agreement between the parties regarding the subject matter hereof, are a complete and exclusive statement of those terms, and supersedes all prior and contemporaneous Agreements, understandings, and representations between the parties.

10. Governing Law, Venue, Waiver Of Jury Trial

 

All questions concerning the construction, validity, enforcement and interpretation of this Agreement shall be governed by and construed and enforced in accordance with the internal laws of the State of California, without regard to the principles of conflicts of law thereof. Each party hereby irrevocably submits to the exclusive jurisdiction of the state and federal courts sitting in

 3 

 

 

California for the adjudication of any dispute hereunder or in connection herewith or with any transaction contemplated hereby or discussed herein and hereby irrevocably waives, and agrees not to assert in any suit, action or proceeding, any claim that it is not personally subject to the jurisdiction of any such court, that such suit, action or proceeding is improper or inconvenient venue for such proceeding. If either party shall commence an action or proceeding to enforce any provisions of this Agreement, then the prevailing party in such action or proceeding shall be reimbursed by the other party for its attorneys' fees and other costs and expenses incurred with the investigation, preparation and prosecution of such action or proceeding.

 

 

IN WITNESS WHEREOF, the parties have hereunto executed this Agreement on the 15th day of June, 2018.

 

 

Zander Therapeutics, Inc.

/s/David Koos

David Koos, CEO

Date: June 16, 2018

  

Purchaser

_______________

Date: June 15, 2018

 

Purchaser

 

Number of shares of common Stock Purchased:50,000 shares

Total Purchase Price: $2 Per Share

 

 4 

 

 

 

 

 SECURITIES PURCHASE AGREEMENT ZANDER THERAPEUTICS, INC.

 

THIS SECURITIES PURCHASE AGREEMENT (the "Agreement") is entered into by and among Zander Therapeutics, Inc., a Nevada corporation (the "Company") whose address is 4700 Spring Street, St 304, La Mesa, California 91942, and Brian Devine, ITEE for the Devine Family Trust ("Purchaser"), a person whose address is P.O. Box 1305, Rancho Santa Fe, CA. 92067.

The Securities offered have not been, and will not be, registered under the Securities Act of 1933, as amended (the "Act") and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons except pursuant to an exemption from, or in a transaction not subject to, the registration requirement of the Act. The Securities are being offered and sold only to "accredited investors" (as defined in Rule 501 of Regulation D under the Securities Act).

 

WHEREAS:

The Purchaser desires to purchase shares of the common stock of the Company ("Shares") in accordance with the terms and conditions set forth herein.

 

The Company desires to issue and sell Shares to the Purchaser in accordance with the terms and conditions set forth herein.

 

THEREFORE, IT IS AGREED AS FOLLOWS

 

1. Purchase Price

The purchase price per Share ("Purchase Price"), payable in US Dollars, shall be $1.00 per Share.

2. Form of Payment

The Purchaser shall pay the Purchase Price per Share multiplied by that number of Shares Purchased by wire transfer of immediately available funds to the Company on or prior to August 17, 2018

WIRE INSTRUCTIONS:

Zander Therapeutics Wire Instructions:

 

__________________________

 

 5 

 

 

3. Issuance of Stock

 

5 business days subsequent to receipt of payment of the Purchase Price the Company shall issue to the Purchaser that number of Shares purchased

4. Purchaser's Representations and Warranties

 

(a) As of the date hereof, the Purchaser is purchasing the Shares for its own account and not with a present view towards the public sale or distribution thereof, except pursuant to sales registered or exempted from registration under the Securities Act of 1933, as amended (the ··Act").

(b) The Purchaser is an ··accredited investor'' as that tennis defined in Rule 50l(a) of Regulation D promulgated under the Act

(c) The Purchaser and its advisors, if any, have been, furnished with all materials relating to the business, finances and operations of the Company and materials relating to the offer and sale of the Stocks which have been requested by the Purchaser or its advisors. Notwithstanding the foregoing, the Company has not disclosed to the Purchaser any material nonpublic information and will not disclose such information unless such information is disclosed to the public prior to such disclosure to the Purchaser.

(d) Purchaser has the requisite power and authority to enter into and perfonn its obligations under this Agreement without the consent, approval or authorization of, or obligation to notify, any person, entity or governmental agency which consent has not been obtained.

(e) The execution, delivery and performance of this Agreement by Purchaser does not and shall not constitute Purchaser's breach of any statute or regulation or ordinance of any governmental authority, and shall not conflict with or result in a breach of or default under any of the terms, conditions, or provisions of any order, writ, injunction, decree, contract, agreement, or instrument to which the Purchaser is a party, or by which Purchaser is or may be bound.

5. Company's representations and warranties

 

(a)  Company is a corporation duly organized, validly existing and in good standing under the laws of the state its incorporation and has the requisite corporate power and authority to enter into and perform its obligations under this Agreement without the consent, approval or authorization of, or obligation to notify, any person, entity or governmental agency which consent has not been obtained.

(b)  The execution delivery and performance of this Agreement by Company does not and shall not constitute Company’s breach of any statute or regulation or ordinance of any

 6 

 

 

 

governmental authority, and shall not conflict \\'1th or result in a breach of or default under any of the terms, conditions or provisions of any order writ injunction decree, contract, agreement, or instrument to which the Company is a party, or by which Company is or may be bound.

6. Restricted Securities Acknowledgement

 

Purchaser acknowledges that any securities issued pursuant to this Agreement that shall not be registered pursuant to the Securities Act of 1933 shall constitute ·'restricted securities'' as that term is defined in Rule 144 promulgated under the Act, and shall contain the following restrictive legend:

 

"THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE ··ACT'), OR SECURITIES LAWS OF ANY STATE AND MAY NOT BE OFFERED, SOLD, ASSIGNED, PLEDGED. TRANSFERRED OR OTHERWISE DISPOSED OF IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT AND APPLICABLE STATE SECURITIES LAWS OR PURSUANT TO AN AVAILABLE EXEMPTION FROM REGISTRATION UNDER THE ACT OR SUCH LAWS AND, IF REQUESTED BY THE COMPANY, UPON DELIVERY OF AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO THE COMPANY THAT THE PROPOSED TRANSFER IS EXEMPT FROM THE ACT OR SUCH LAWS”

 

9. Entire Agreement

 

This Agreement constitutes a final written expression of all the terms of the Agreement between the parties regarding the subject matter hereof, are a complete and exclusive statement of those terms, and supersedes all prior and contemporaneous Agreements, understandings, and representations between the parties.

 

10. Governing Law, Venue, Waiver Of Jury Trial

 

All questions concerning the construction, validity, enforcement and interpretation of this Agreement shall be governed by and construed and enforced in accordance with the internal laws of the State of California, without regard to the principles of conflicts of law thereof. Each party hereby irrevocably submits to the exclusive jurisdiction of the state and federal courts sitting in California for the adjudication of any dispute hereunder or in connection herewith or with any transaction contemplated hereby or discussed herein and hereby irrevocably waives, and agrees not to assert in any suit, action or proceeding, any claim that it is not personally subject to the jurisdiction of any such court that such suit, action or proceeding is improper or inconvenient venue for such proceeding. If either party shall commence an action or proceeding to enforce any provisions of this Agreement, then the prevailing party in such action or proceeding shall be reimbursed by the other party for its attorneys' fees and other costs and expenses incurred with the investigation, preparation and prosecution of such action or proceeding.

 

 7 

 

 

IN WITNESS WHEREOF the parties have hereunto executed this Agreement

 

 

 

Zander Therapeutics, Inc.

/s/David Koos 

David Koos CEO

Date: 08/14/2018

 

Purchaser

 

/s/Brian Devine

By: Brian Devine

TTEE F/O/B

The Devine Family Trust

Date: August 11 2018

 

Number of shares of common Stock

Purchased: 300,000 shares Total Purchase Price: $300, 000

 

 

 8 

 

 

SECURITIES PURCHASE AGREEMENT ZANDER THERAPEUTICS, INC.

 

THIS SECURITIES PURCHASE AGREEMENT (the "Agreement") is entered into by and among Zander Therapeutics, Inc., a Nevada corporation (the "Company") whose address is 4700 Spring Street, St 304, La Mesa, California 91942, and BRIAN DEVINE TTEE for the Brian Devine Jr. Irrevocable Trust ("Purchaser '), a trust whose address is PO Box 1305 Rancho Santa Fe CA 92067.

 

The Securities offered have not been, and will not be, registered under the Securities Act of 1933, as amended (the "Act") and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons except pursuant to an exemption from, or in a transaction not subject to, the registration requirement of the Act. The Securities are being offered and sold only to "accredited investors" (as defined in Rule 501 of Regulation D under the Securities Act).

 

WHEREAS:

 

The Purchaser desires to purchase shares of the common stock of the Company ("Shares") in accordance with the terms and conditions set forth herein.

 

The Company desires to issue and sell Shares to the Purchaser in accordance with the terms and conditions set forth herein.

 

THEREFORE, IT IS AGREED AS FOLLOWS

 

6. Purchase Price

 

The purchase price per Share ('"Purchase Price"), payable in US Dollars, shall be $2.00 per Share.

 

7. Form of Payment

 

The Purchaser shall pay the Purchase Price per Share multiplied by that number of Shares Purchased by wire transfer of immediately available funds to the Company.

WIRE INSTRUCTIONS:

 

Zander Therapeutics Wire Instructions:

 

 

 9 

 

Issuance of Stock

 

10 business days subsequent to receipt of payment of the Purchase Price the Company shall issue to the Purchaser that number of Shares purchased

 

8. Purchaser's Representations and Warranties

 

(f)    As of the date hereof, the Purchaser is purchasing the Shares for its own account and not with a present view towards the public sale or distribution thereof, except pursuant to sales registered or exempted from registration under the Securities Act of 1933, as amended (the "Act").

 

(g) The Purchaser is an '"accredited investor" as that term is defined in Rule 501(a) of Regulation D promulgated under the Act.

 

(h)   The Purchaser and its advisors if any, have been, furnished with all materials relating to the business, finances and operations of the Company and materials relating to the offer and sale of the Stocks which have been requested by the Purchaser or its advisors. Notwithstanding the foregoing, the Company has not disclosed to the Purchaser any material nonpublic information and will not disclose such information unless such information is disclosed to the public prior to such disclosure to the Purchaser.

 

(i) Purchaser has the requisite power and authority to enter into and perform its obligations under this Agreement without the consent, approval or authorization of, or obligation to notify, any person, entity or governmental agency which consent has not been obtained.

 

(j)    The execution, delivery and performance of this Agreement by Purchaser does not and shall not constitute Purchaser's breach of any statute or regulation or ordinance of any governmental authority, and shall not conflict with or result in a breach of or default under any of the terms, conditions, or provisions of any order, writ, injunction, decree, contract, agreement, or instrument to which the Purchaser is a party, or by which Purchaser is or may be bound.

 

9. Company's representations and warranties

 

(c) Company is a corporation duly organized, validly existing and in good standing under the laws of the state its incorporation and has the requisite corporate power and authority to enter into and perform its obligations under this Agreement without the consent, approval or

 10 

 

authorization of, or obligation to notify, any person, entity or governmental agency which consent has not been obtained.

 

(d)  The execution, delivery and performance of this Agreement by Company does not and shall not constitute Company's breach of any statute or regulation or ordinance of any governmental authority, and shall not conflict with or result in a breach of or default under any of the terms, conditions, or provisions of any order, writ, injunction, decree, contract, agreement, or instrument to which the Company is a party, or by which Company is or may be bound.

 

10. Restricted Securities Acknowledgement

 

SHARES TO BE ISSUED PURSUANT TO THIS AGREEMENT WILL NOT BE REGISTERED WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION PURSUANT TO THE SECURITIES ACT OF 1933 OR THE SECURITIES LAW OF ANY STATE OR OTHER JURISDICTION.

 

Purchaser acknowledges that any securities issued pursuant to this Agreement shall not be registered pursuant to the Securities Act of 1933 and shall constitute "restricted securities" as that term is defined in Rule 144 promulgated under the Act, and shall contain the following restrictive legend:

 

"THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE ''ACT"), OR SECURITIES LAWS OF ANY STATE AND MAY NOT BE OFFERED, SOLD, ASSIGNED, PLEDGED, TRANSFERRED OR OTHERWISE DISPOSED OF IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT AND APPLICABLE STATE SECURITIES LAWS OR PURSUANT TO AN AVAILABLE EXEMPTION FROM REGISTRATION UNDER THE ACT OR SUCH LAWS AND, IF REQUESTED BY THE COMPANY, UPON DELIVERY OF AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO THE COMPANY THAT THE PROPOSED TRANSFER IS EXEMPT FROM THE ACT OR SUCH LAWS."

 

11. Entire Agreement

 

This Agreement constitutes a final written expression of all the terms of the Agreement between the parties regarding the subject matter hereof, are a complete and exclusive statement of those terms, and supersedes all prior and contemporaneous Agreements, understandings, and representations between the parties.

 

12. Governing Law, Venue, Waiver Of Jury Trial

 

All questions concerning the construction, validity, enforcement and interpretation of this Agreement shall be governed by and construed and enforced in accordance with the internal laws of the State of California, without regard to the principles of conflicts of law thereof. Each party hereby irrevocably submits to the exclusive jurisdiction of the state and federal courts sitting in

 

 11 

 

 

California for the adjudication of any dispute hereunder or in connection herewith or with any transaction contemplated hereby or discussed herein and hereby irrevocably waives, and agrees not to assert in any suit, action or proceeding, any claim that it is not personally subject to the jurisdiction of any such court, that such suit, action or proceeding is improper or inconvenient venue for such proceeding. If either party shall commence an action or proceeding to enforce any provisions of this Agreement, then the prevailing party in such action or proceeding shall be reimbursed by the other party for its attorneys' fees and other costs and expenses incurred with the investigation, preparation and prosecution of such action or proceeding.

 

 

 

 

IN WITNESS WHEREOF, the parties have hereunto executed this Agreement

 

 

Zander Therapeutics, Inc.

/s/David Koos

David Koos, CEO

Date: August 14, 2018

 

 

Purchaser

/s/Brian Devine

 

Brian Devine TTEE/FOB

The Brian Devine Jr. Irrevocable Trust

Date: August 11, 2018

 

Purchaser

 

Number of shares of common Stock Purchased:100,000 shares

 

Total Purchase Price: $100,000

 

 

 12 

 

SECURITIES PURCHASE AGREEMENT ZANDER THERAPEUTICS, INC.

 

THIS SECURITIES PURCHASE AGREEMENT (the "Agreement") is entered into by and among Zander Therapeutics, Inc., a Nevada corporation (the "Company") whose address is 4700 Spring Street, St 304, La Mesa, California 91942, and BRIAN DEVINE TTEE for the Devine Descendants Irrevocable Trust ("Purchaser '), a trust whose address is PO Box 1305 Rancho Santa Fe CA 92067.

 

The Securities offered have not been, and will not be, registered under the Securities Act of 1933, as amended (the "Act") and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons except pursuant to an exemption from, or in a transaction not subject to, the registration requirement of the Act. The Securities are being offered and sold only to "accredited investors" (as defined in Rule 501 of Regulation D under the Securities Act).

 

WHEREAS:

 

The Purchaser desires to purchase shares of the common stock of the Company ("Shares") in accordance with the terms and conditions set forth herein.

 

The Company desires to issue and sell Shares to the Purchaser in accordance with the terms and conditions set forth herein.

 

THEREFORE, IT IS AGREED AS FOLLOWS

 

11. Purchase Price

 

The purchase price per Share ('"Purchase Price"), payable in US Dollars, shall be $2.00 per Share.

 

12. Form of Payment

 

The Purchaser shall pay the Purchase Price per Share multiplied by that number of Shares Purchased by wire transfer of immediately available funds to the Company.

 

WIRE INSTRUCTIONS:

 

Zander Therapeutics Wire Instructions:

 

 13 

 

 

Issuance of Stock

 

10 business days subsequent to receipt of payment of the Purchase Price the Company shall issue to the Purchaser that number of Shares purchased

 

13. Purchaser's Representations and Warranties

 

(k)   As of the date hereof, the Purchaser is purchasing the Shares for its own account and not with a present view towards the public sale or distribution thereof, except pursuant to sales registered or exempted from registration under the Securities Act of 1933, as amended (the "Act").

 

(l) The Purchaser is an '"accredited investor" as that term is defined in Rule 501(a) of Regulation D promulgated under the Act.

 

(m) The Purchaser and its advisors if any, have been, furnished with all materials relating to the business, finances and operations of the Company and materials relating to the offer and sale of the Stocks which have been requested by the Purchaser or its advisors. Notwithstanding the foregoing, the Company has not disclosed to the Purchaser any material nonpublic information and will not disclose such information unless such information is disclosed to the public prior to such disclosure to the Purchaser.

 

(n) Purchaser has the requisite power and authority to enter into and perform its obligations under this Agreement without the consent, approval or authorization of, or obligation to notify, any person, entity or governmental agency which consent has not been obtained.

 

(o)   The execution, delivery and performance of this Agreement by Purchaser does not and shall not constitute Purchaser's breach of any statute or regulation or ordinance of any governmental authority, and shall not conflict with or result in a breach of or default under any of the terms, conditions, or provisions of any order, writ, injunction, decree, contract, agreement, or instrument to which the Purchaser is a party, or by which Purchaser is or may be bound.

 

14. Company's representations and warranties

 

(e) Company is a corporation duly organized, validly existing and in good standing under the laws of the state its incorporation and has the requisite corporate power and authority to enter into and perform its obligations under this Agreement without the consent, approval or

 14 

 

authorization of, or obligation to notify, any person, entity or governmental agency which consent has not been obtained.

 

(f)   The execution, delivery and performance of this Agreement by Company does not and shall not constitute Company's breach of any statute or regulation or ordinance of any governmental authority, and shall not conflict with or result in a breach of or default under any of the terms, conditions, or provisions of any order, writ, injunction, decree, contract, agreement, or instrument to which the Company is a party, or by which Company is or may be bound.

 

15. Restricted Securities Acknowledgement

 

SHARES TO BE ISSUED PURSUANT TO THIS AGREEMENT WILL NOT BE REGISTERED WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION PURSUANT TO THE SECURITIES ACT OF 1933 OR THE SECURITIES LAW OF ANY STATE OR OTHER JURISDICTION.

 

Purchaser acknowledges that any securities issued pursuant to this Agreement shall not be registered pursuant to the Securities Act of 1933 and shall constitute "restricted securities" as that term is defined in Rule 144 promulgated under the Act, and shall contain the following restrictive legend:

 

"THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE ''ACT"), OR SECURITIES LAWS OF ANY STATE AND MAY NOT BE OFFERED, SOLD, ASSIGNED, PLEDGED, TRANSFERRED OR OTHERWISE DISPOSED OF IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT AND APPLICABLE STATE SECURITIES LAWS OR PURSUANT TO AN AVAILABLE EXEMPTION FROM REGISTRATION UNDER THE ACT OR SUCH LAWS AND, IF REQUESTED BY THE COMPANY, UPON DELIVERY OF AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO THE COMPANY THAT THE PROPOSED TRANSFER IS EXEMPT FROM THE ACT OR SUCH LAWS."

 

13. Entire Agreement

 

This Agreement constitutes a final written expression of all the terms of the Agreement between the parties regarding the subject matter hereof, are a complete and exclusive statement of those terms, and supersedes all prior and contemporaneous Agreements, understandings, and representations between the parties.

 

14. Governing Law, Venue, Waiver Of Jury Trial

 

All questions concerning the construction, validity, enforcement and interpretation of this Agreement shall be governed by and construed and enforced in accordance with the internal laws of the State of California, without regard to the principles of conflicts of law thereof. Each party hereby irrevocably submits to the exclusive jurisdiction of the state and federal courts sitting in

 

 15 

 

 

California for the adjudication of any dispute hereunder or in connection herewith or with any transaction contemplated hereby or discussed herein and hereby irrevocably waives, and agrees not to assert in any suit, action or proceeding, any claim that it is not personally subject to the jurisdiction of any such court, that such suit, action or proceeding is improper or inconvenient venue for such proceeding. If either party shall commence an action or proceeding to enforce any provisions of this Agreement, then the prevailing party in such action or proceeding shall be reimbursed by the other party for its attorneys' fees and other costs and expenses incurred with the investigation, preparation and prosecution of such action or proceeding.

 

 

 

IN WITNESS WHEREOF, the parties have hereunto executed this Agreement

 

 

Zander Therapeutics, Inc.

/s/David Koos

David Koos, CEO

Date: August 14, 2018

 

 

Purchaser

/s/Brian Devine

 

Brian Devine TTEE/FOB

The Devine Descendants Irrevocable Trust

Date: August 11, 2018

 

Purchaser

 

Number of shares of common Stock Purchased: 100,000 shares

Total Purchase Price: $100,000

 

 16 

 

 

 

EX-10.22 5 ex10_22.htm EXHIBIT 10.22

SECURITIES PURCHASE AGREEMENT ZANDER THERAPEUTICS, INC.

 

THIS SECURITIES PURCHASE AGREEMENT (the "Agreement") is entered into by and among Zander Therapeutics, Inc., a Nevada corporation (the "Company") whose address is 4700 Spring Street, St 304, La Mesa, California 91942, and ______________("Purchaser '), a trust whose address is____________________.

 

The Securities offered have not been, and will not be, registered under the Securities Act of 1933, as amended (the "Act") and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons except pursuant to an exemption from, or in a transaction not subject to, the registration requirement of the Act. The Securities are being offered and sold only to "accredited investors" (as defined in Rule 501 of Regulation D under the Securities Act).

 

WHEREAS:

 

The Purchaser desires to purchase shares of the common stock of the Company ("Shares") in accordance with the terms and conditions set forth herein.

 

The Company desires to issue and sell Shares to the Purchaser in accordance with the terms and conditions set forth herein.

 

THEREFORE, IT IS AGREED AS FOLLOWS

 

1. Purchase Price

 

The purchase price per Share ('"Purchase Price"), payable in US Dollars, shall be $2.00 per Share.

 

2. Form of Payment

 

The Purchaser shall pay the Purchase Price per Share multiplied by that number of Shares Purchased by wire transfer of immediately available funds to the Company.

 

WIRE INSTRUCTIONS:

 

Zander Therapeutics Wire Instructions:

 

 

 1 

 

 

Issuance of Stock

 

10 business days subsequent to receipt of payment of the Purchase Price the Company shall issue to the Purchaser that number of Shares purchased

 

3. Purchaser's Representations and Warranties

 

(a)   As of the date hereof, the Purchaser is purchasing the Shares for its own account and not with a present view towards the public sale or distribution thereof, except pursuant to sales registered or exempted from registration under the Securities Act of 1933, as amended (the "Act").

 

(b) The Purchaser is an '"accredited investor" as that term is defined in Rule 501(a) of Regulation D promulgated under the Act.

 

(c)   The Purchaser and its advisors if any, have been, furnished with all materials relating to the business, finances and operations of the Company and materials relating to the offer and sale of the Stocks which have been requested by the Purchaser or its advisors. Notwithstanding the foregoing, the Company has not disclosed to the Purchaser any material nonpublic information and will not disclose such information unless such information is disclosed to the public prior to such disclosure to the Purchaser.

 

(d) Purchaser has the requisite power and authority to enter into and perform its obligations under this Agreement without the consent, approval or authorization of, or obligation to notify, any person, entity or governmental agency which consent has not been obtained.

 

(e)   The execution, delivery and performance of this Agreement by Purchaser does not and shall not constitute Purchaser's breach of any statute or regulation or ordinance of any governmental authority, and shall not conflict with or result in a breach of or default under any of the terms, conditions, or provisions of any order, writ, injunction, decree, contract, agreement, or instrument to which the Purchaser is a party, or by which Purchaser is or may be bound.

 

4. Company's representations and warranties

 

(a) Company is a corporation duly organized, validly existing and in good standing under the laws of the state its incorporation and has the requisite corporate power and authority to enter into and perform its obligations under this Agreement without the consent, approval or

 2 

 

authorization of, or obligation to notify, any person, entity or governmental agency which consent has not been obtained.

 

(b)  The execution, delivery and performance of this Agreement by Company does not and shall not constitute Company's breach of any statute or regulation or ordinance of any governmental authority, and shall not conflict with or result in a breach of or default under any of the terms, conditions, or provisions of any order, writ, injunction, decree, contract, agreement, or instrument to which the Company is a party, or by which Company is or may be bound.

 

5. Restricted Securities Acknowledgement

 

SHARES TO BE ISSUED PURSUANT TO THIS AGREEMENT WILL NOT BE REGISTERED WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION PURSUANT TO THE SECURITIES ACT OF 1933 OR THE SECURITIES LAW OF ANY STATE OR OTHER JURISDICTION.

 

Purchaser acknowledges that any securities issued pursuant to this Agreement shall not be registered pursuant to the Securities Act of 1933 and shall constitute "restricted securities" as that term is defined in Rule 144 promulgated under the Act, and shall contain the following restrictive legend:

 

"THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE ''ACT"), OR SECURITIES LAWS OF ANY STATE AND MAY NOT BE OFFERED, SOLD, ASSIGNED, PLEDGED, TRANSFERRED OR OTHERWISE DISPOSED OF IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT AND APPLICABLE STATE SECURITIES LAWS OR PURSUANT TO AN AVAILABLE EXEMPTION FROM REGISTRATION UNDER THE ACT OR SUCH LAWS AND, IF REQUESTED BY THE COMPANY, UPON DELIVERY OF AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO THE COMPANY THAT THE PROPOSED TRANSFER IS EXEMPT FROM THE ACT OR SUCH LAWS."

 

9. Entire Agreement

 

This Agreement constitutes a final written expression of all the terms of the Agreement between the parties regarding the subject matter hereof, are a complete and exclusive statement of those terms, and supersedes all prior and contemporaneous Agreements, understandings, and representations between the parties.

10. Governing Law, Venue, Waiver Of Jury Trial

 

All questions concerning the construction, validity, enforcement and interpretation of this Agreement shall be governed by and construed and enforced in accordance with the internal laws of the State of California, without regard to the principles of conflicts of law thereof. Each party hereby irrevocably submits to the exclusive jurisdiction of the state and federal courts sitting in

 3 

 

California for the adjudication of any dispute hereunder or in connection herewith or with any transaction contemplated hereby or discussed herein and hereby irrevocably waives, and agrees not to assert in any suit, action or proceeding, any claim that it is not personally subject to the jurisdiction of any such court, that such suit, action or proceeding is improper or inconvenient venue for such proceeding. If either party shall commence an action or proceeding to enforce any provisions of this Agreement, then the prevailing party in such action or proceeding shall be reimbursed by the other party for its attorneys' fees and other costs and expenses incurred with the investigation, preparation and prosecution of such action or proceeding.

 

 

 

 

 

 

IN WITNESS WHEREOF, the parties have hereunto executed this Agreement

 

 

Zander Therapeutics, Inc.

/s/David Koos

David Koos, CEO

August 28, 2018

 

Purchaser

_______________

 

Purchaser

 

August 2018

 

Number of shares of common Stock Purchased: 50,000 shares

 

Total Purchase Price: $2 Per Share

 4 

 

 

EX-10.23 6 ex10_23.htm EXHIBIT 10.23

This Business Advisory Board Services Agreement (the "Agreement"), dated July 23, 2018, is entered into between Zander Therapeutics Inc., a Nevada corporation ("the Company"), and Joey Herrick, an individual with a principal place of residence of 5022 Royal Vista Court, Westlake Village, CA 91362 ("Candidate").

 

WHEREAS, the Company desires to retain the services of Candidate for the benefit of the Company and its stockholders; and

WHEREAS, Candidate desires to serve as a member of the Company's Business Advisory Board for the period of time and subject to the terms and conditions set forth herein;

 

NOW, THEREFORE, for consideration and as set forth herein, the parties hereto agree as follows:

 

1.       Board Duties. Candidate agrees to provide services to the Company as a member of the Company's Business Advisory Board. Candidate shall, for so long as he remains a member of the Business Advisory Board, meet with the Company upon written request, at dates and times mutually agreeable to Candidate and the Company, to discuss any matter involving the Company or its Subsidiaries

 

2.       Other Duties. Candidate will utilize his best efforts to:

 

(a)       Identify and introduce to the Company persons not previously known to the Company to serve as members of the Company's Business Advisory Board ("Advisory Candidates").

 

(b)       Identify and introduce to the Company potential purchasers of the Company's securities, such purchasers not previously known to the Company (“Buyers"). Candidate shall solely identify and introduce Buyers to the Company and shall not, among other things, participate in any negotiations between a Buyer and the Company, assist in the structure of any offer or sale of the Company's securities ("Transaction"), provide assistance to any party in completing a purchase agreement, subscription agreement or other documentation related to a Transaction or handle the funds or securities involved in any Transaction.

 

3.       Term. The Term of this Agreement shall commence on November 15, 2017 and shall expire on November 15, 2020. The term of this Agreement may be extended by mutual agreement.

 

4.       Independent Contractor. The Parties are independent contractors. Nothing in this Agreement shall be deemed to constitute a partnership or joint venture between the Parties or constitute any Party to be the agent of the other Party for any purpose. The Candidate's relationship with and role and responsibilities to the Company are purely contractual in nature and Candidate does not have any fiduciary or other duty to the Company by virtue thereof

 

5.       No obligation: This Agreement does not constitute an obligation on the part of the Company to:

 

(a)       Enter into any Transaction with any Buyer

 

(b)       Accept as a member of the Business Advisory Board any Advisory Candidate

 1 

 

 

6.       Mutual Non-Disparagement. During the term of this Agreement and for a period of twelve months thereafter, Candidate and the Company mutually agree to forbear from making, causing to be made, publishing, ratifying or endorsing any and all disparaging remarks, derogatory statements or comments made to any party with respect to either of them or their respective officers, directors, and employees. The parties agree and acknowledge that this Section 6 is a material term of this Agreement.

7.       Non-Disclosure.

(a)       All information, whether in oral, written, graphic, electronic or other form, disclosed by the Company to the Candidate shall be deemed to be "Proprietary Information." In particular, Proprietary Infonnation includes, without limitation, any trade secrets, confidential infonnation, ideas, inventions or research and development information; matters of a technical nature, including technology; notes, products, know-how, engineering or other data (including test data and data files); specifications, processes, techniques, formulae or work-in-process; manufacturing, planning or marketing procedures, clinical data and regulatory strategies or information; accounting, financial or pricing procedures or information, budgets or projections, or personnel or salary structure/compensation information; information regarding suppliers, clients, customers, employees, contractors, investors or investigators of the Company, information which has been designated in writing as confidential by the Company; programs, procedures (including operating procedures), processes, methods, guidelines, policies, proposals or contracts; computer software, data bases or programming; and any other information which, if divulged to a third party, could have an adverse impact on the Company, or on any third party to which it owes a confidentiality obligation. In addition, '"Proprietary Information" includes any of the foregoing relating to the past, present or future operations, organization, projects, finances, business interests, methodology or affairs of any third party to which the Company owes a duty of confidentiality including, without limitation, the mere fact that the Company is or may be working with or for any client.

 

(b)       The obligations of confidentiality shall not apply to any Proprietary Information that was known by the Candidate at the time of disclosure to it by such Company, or that is independently developed or discovered by the Candidate after disclosure by such Company, without the aid, application or use of any item of such Company's Proprietary Information, as evidenced by written records; now, or subsequently becomes, through no act or failure to act on the part of the Candidate, generally known or available; is disclosed to the Candidate by a third party authorized to disclose it; or is required by law or by court or administrative order to be disclosed; provided, that the Candidate shall have first given prompt notice to such Company of such required disclosure.

 

 2 

 

 

(c)       Candidate shall exercise due care to prevent the unauthorized use or disclosure of the Company's Proprietary Information, and shall not, without the Company's prior written consent, disclose or otherwise make available, directly or indirectly, any item of the Company's Proprietary Information to any person or entity other than those employees, independent contractors or agents of the Candidate (collectively, "Representatives"), to the extent such Representatives reasonably need to know the same in order to evaluate such Proprietary Information, to participate in the business relationship between the parties, or to make decisions or render advice in connection therewith. Candidate shall advise its Representatives who have access to the Company's Proprietary Information of the confidential and proprietary nature thereof, and agrees that such Representatives shall be bound by terms of confidentiality and restrictions on use with respect thereto that are at least as restrictive as the terms of this Agreement.

 

(d)       Candidate shall exercise due care to prevent the unauthorized use or disclosure of the Company's Proprietary Information, and shall not, without the Company's prior written consent, disclose or otherwise make available, directly or indirectly, any item of the Company's Proprietary Information to any person or entity other than those employees, independent contractors or agents of the Candidate (collectively, "Representatives"), to the extent such Representatives reasonably need to know the same in order to participate in any business relationship between the parties, or to make decisions or render advice in connection therewith. Candidate shall advise its Representatives who have access to the Company's Proprietary Information of the confidential and proprietary nature thereof, and agrees that such Representatives shall be bound by terms of confidentiality and restrictions on use with respect thereto that are at least as restrictive as the terms of this Agreement.

 

(e)       Candidate shall use the Company's Proprietary Information solely for the purposes of performing his duties pursuant to this Agreement and shall not make any other use of the Company's Proprietary Information without the Company's specific written authorization.

 

(f)       All Proprietary Information of the Company (including all copies thereof) shall be and at all times remain the property of such Company, and all non-oral Proprietary Information of the Company which is then in the Candidate's possession or control shall be destroyed or returned to the Company promptly upon its request at any time, and in any event, no later than 60 days following any expiration or termination of this Agreement.

 

(g)       Nothing in this Agreement shall be construed, by implication or otherwise, as a grant of any right or license to trademarks, inventions, copyrights or patents, as a grant of a license to either Candidate to use any of the Company's Proprietary Information except as expressly set forth herein.

 

(h)       The provisions of Section 7 of this Agreement shall survive until such time as all Confidential Information disclosed hereafter becomes publicly known and made generally available through no action or inaction of Candidate.

 3 

 

8.       Compensation.

 

(a)       For performance of duties pursuant to Section I of this Agreement, Candidate will receive, no later than ten days from the execution of this agreement, 250,000 shares of common stock of the Company.

 

(b)       For performance of duties pursuant to Section 2 of this Agreement, Candidate will receive:

 

(i) In the event that an Advisory Candidate identified and introduced by the Candidate to the Company serves as a member of the Business Advisory Board of the Company, you shall receive, ten business days subsequent to the completion of 12 months service by the Advisory Candidate as a member of the Business Advisory Board of the Company, a 5% referral fee of shares issued to the Candidate paid in common shares of the Company.

 

9.       Restricted Securities Acknowledgement

 

Candidate acknowledges that any securities issued pursuant to this Agreement that shall not be registered pursuant to the Securities Act of 1933 shall constitute "restricted securities" as that term is defined in Rule 144 promulgated under the Securities Act of 1933, and shall contain the following restrictive legend:

 

"THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "ACT"), OR SECURITIES LAWS OF ANY STATE AND MAY NOT BE OFFERED, SOLD, ASSIGNED, PLEDGED, TRANSFERRED OR OTHERWISE DISPOSED OF IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT AND APPLICABLE STATE SECURITIES LAWS OR PURSUANT TO AN AVAILABLE EXEMPTION FROM REGISTRATION UNDER THE ACT OR SUCH LAWS AND, IF REQUESTED BY THE COMPANY, UPON DELIVERY OF AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO THE COMPANY THAT THE PROPOSED TRANSFER IS EXEMPT FROM THE ACT OR SUCH LAWS."

 

10.       Representations And Warranties Of Company.

 

a) Company is a corporation duly organized, validly existing and in good standing under the laws of the state its incorporation and has the requisite corporate power and authority to enter into and perform its obligations under this Agreement without the consent, approval or authorization of, or obligation to notify, any person, entity or governmental agency which consent has not been obtained.

 

(c)       The execution, delivery and performance of this Agreement by Company does not and shall not constitute Company's breach of any statute or regulation or ordinance of any governmental authority, and shall not conflict with or result in a breach of or default under any of the terms, conditions, or provisions of any order, writ, injunction, decree, contract, agreement, or instrument to which the Company is a party, or by which Company is or may be bound.

 

 4 

 

11.       Representation and Warranties of the Candidate.

 

(a)       Candidate has the requisite power and authority to enter into and perform his obligations under this Agreement without the consent, approval or authorization of, or obligation to notify, any person, entity or governmental agency which consent has not been obtained.

 

(b)       The execution, delivery and performance of this Agreement by Candidate does not and shall not constitute Candidate's breach of any statute or regulation or ordinance of any governmental authority, and shall not conflict with or result in a breach of or default under any of the terms, conditions, or provisions of any order, writ, injunction, decree, contract, agreement, or instrument to which the Candidate is a party, or by which Candidate is or may be bound.

 

12.       Execution

 

This Agreement may be executed in two or more counterparts, all of which when taken together shall be considered one and the same Agreement and shall become effective when counterparts have been signed by each party and delivered to the other party, it being understood that both parties need not sign the same counterpart. In the event that any signature is delivered by facsimile transmission, such signature shall create a valid and binding obligation of the party executing (or on whose behalf such signature is executed) with the same force and effect as if such facsimile signature page were an original thereof.

 

13.       Entire Agreement

 

This Agreement constitutes a final written expression of all the terms of the Agreement between the parties regarding the subject matter hereof, are a complete and exclusive statement of those terms, and supersedes all prior and contemporaneous Agreements, understandings, and representations between the parties.

 

14. Severability

 

If any provision of this Agreement is held to be invalid or unenforceable in any respect, the validity and enforceability of the remaining tenns and provisions of this Agreement shall not in any way be affected or impaired thereby and the parties will attempt to agree upon a valid and enforceable provision that is a reasonable substitute therefore, and upon so agreeing, shall incorporate such substitute provision in this Agreement

15. Governing Law, Venue, Waiver Of Jury Trial

 

All questions concerning the construction, validity, enforcement and interpretation of this Agreement shall be governed by and construed and enforced in accordance with the internal laws of the State of California, without regard to the principles of conflicts of law thereof. Each party hereby irrevocably submits to the exclusive jurisdiction of the state and federal courts sitting in California for the adjudication of any dispute hereunder or in connection herewith or with any transaction contemplated hereby or discussed herein and hereby irrevocably waives, and agrees not to assert in any suit, action or proceeding, any claim that it is not personally subject to the jurisdiction of any such court that such suit.. action or proceeding is improper or inconvenient venue for such proceeding. If either party shall commence an action or proceeding to enforce any provisions of this Agreement then the prevailing party in such action or proceeding shall be reimbursed by the other party for its attorneys' fees and other costs and expenses incurred with the investigation, preparation and prosecution of such action or proceeding.

 

 5 

 

 

IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed by their respective authorized signatories as of the date first indicated above.

COMPANY   CANDIDATE
     
By: /s/ Todd Caven   By: /s/ Joseph Herrick
July 29, 2018   July 29, 2018

 

 6 

 

EX-10.24 7 ex10_24.htm EXHIBIT 10.24

EMPLOYMENT AGREEMENT BETWEEN

ZANDER THERAPEUTICS, INC.

AND

David R. Koos

 

THIS EMPLOYMENT AGREEMENT (the "Agreement") dated as of June 19, 2018 is entered into between Zander Therapeutics, Inc., a Nevada corporation, (the "Company") and David R. Koos

("Employee").

 

WITNESSETH:

WHEREAS, Employee and the Company desire to enter into an agreement providing for the employment by the Company of Employee upon the terms provided herein.

REPRESENTATIONS AND WARRANTIES

 

A) Company hereby represents and warrants to Employee as follows;

(i) Corporate Existence of Company. Company:

(a) is a corporation duly formed, validly existing and in good standing under the laws of the State of Nevada and

(b) has all requisite power and authority, and has all governmental licenses, authorizations, consents and approvals necessary to execute and deliver this Agreement and to consummate the transactions contemplated by this Agreement.

 

(ii) No Conflicts. None of the execution, delivery and performance of this Agreement by Company, or the consummation or the transactions contemplated hereby and thereby

 

(a) constitutes or will constitute a violation of the organizational documents of Company,

 

(b) constitutes or will constitute a breach or violation of, or a default (or an event which, with notice or lapse of time or both, would constitute such a default) under, any indenture, mortgage, deed of Company, loan agreement, lease or other agreement or instrument to which Company is a party or by which Company or any of its properties may be bound,

 

(c) violates or will violate any statute, law or regulation or any order, judgment, decree or injunction of any court or Governmental Authority directed to Company or any of its properties in a proceeding to which its property is or was a party.

 

(B) Employee hereby represents and warrant to Company as follows:

(i) No Conflicts. None of the execution, delivery and performance of this Agreement by Employee, or the consummation of the transactions contemplated hereby and thereby

(a) constitutes or will constitute a breach or violation of, or a default (or an event which, with notice or lapse of time or both, would constitute such a default) under, any indenture, mortgage, deed of Trust, loan agreement, lease or other agreement or instrument to which Employee is a party or by which Employee or any of its properties may be bound,

(b) violates or will violate any statute, law or regulation or any order, judgment, decree or injunction of any court or Governmental Authority directed to Employee or any of their properties in a proceeding to which its property is or was a party.

 1 

 

 

AGREEMENT:

NOW, THEREFORE, in consideration of the foregoing and the mutual promises and agreements set forth herein, the parties hereto, intending to be legally bound, hereby agree as follows:

1. Employment. During the Employment Period (as defined in Section 2), the Company hereby employs Employee and Employee hereby accepts employment.

2. Term. The Term of this Agreement shall commence on June 14, 2018 and shall expire on August 14, 2020 unless sooner terminated in accordance with the provisions of Section 6 hereof; provided, however, that the term of this Agreement may be extended by mutual agreement. The period from the commencement of the term of this Agreement to the date of its expiration or sooner termination shall be considered to be the “Employment Period" hereunder. AT THE END OF THE EMPLOYMENT PERIOD, THIS AGREEMENT MAY BE EXTENDED FOR AN ADDITIONAL YEAR BY WRITTEN MUTUAL CONSENT OF THE PARTIES HERETO.

3. Duties. Employee shall be granted the title of Chief Executive Officer of the Company subject to the authority of the Company's Board of Directors (the “BoD”). Employee shall perform such duties commensurate with his office and as directed the BoD such duties to include, but not be limited to:

 

See Schedule 1.

 

During the Employment Period, Employee shall perform his duties hereunder in a diligent manner, subject to the provisions of Schedule 1 of this Agreement; devoting such amount of his business time, attention and efforts to the affairs of the Company within the scope of his employment as is necessary for the proper rendition of such service and shall use his best efforts to promote the best interests of the Company. Employee's services shall be rendered when and as required by the Board and in accordance with the BoD's instructions, direction and control.

It is agreed that Employee will only devote such time as to effectively conduct duties and responsibilities associated with this position pursuant to this Agreement.

4. Compensation Salary. During the Employment Period, Company shall pay Employee salary at the rate of:

 

  (i) During the period commencing June 14, 2018 and ending upon the expiration of the Employment Period, Company shall pay Employee salary at the rate of $16,667 per month prorated for any partial employment month ("Salary"). Salary shall be paid on a monthly basis (“Payday”). In the event that Payday falls on a Saturday, Sunday or holiday, Salary shall be paid on the next business day.

 

 

The Company acknowledges employee has been serving without an employment agreement. In order to compensate the employee for work previously performed, employee shall received an employment agreement signing bonus of 800 Series AA Preferred shares and 150,000 Series M Preferred shares of the Company's stock.

 

 2 

 

5. Benefits.

a. During the Employment Period, Employee shall be entitled to participation in any profit sharing plan, retirement plan, group life insurance plan or other insurance plan, medical expense plan, medical and dental insurance and other benefit arrangements maintained by the Company for its employees generally and, if applicable, their family members. In addition, Employee shall be entitled to 15 days paid vacation (“Vacation”) subject to having given fourteen days prior notice to the Company of Employee’s intent to Vacation.

b. Stock Compensation.  Employee acknowledges he has received 500,000 Series M Preferred shares that are fully vested and considered compensation in full for service prior to the execution of this agreement .Employee acknowledges that any Series M Shares  issued prior to or pursuant to this Agreement will not be  registered pursuant to the Securities Act of 1933 , shall constitute “restricted securities” as that term is defined in Rule 144 promulgated under the Securities Act of 1933 and shall contain the following restrictive legend:

THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”), OR SECURITIES LAWS OF ANY STATE AND MAY NOT BE OFFERED, SOLD, ASSIGNED, PLEDGED, TRANSFERRED OR OTHERWISE DISPOSED OF IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT AND APPLICABLE STATE SECURITIES LAWS OR PURSUANT TO AN AVAILABLE EXEMPTION FROM REGISTRATION UNDER THE ACT OR SUCH LAWS AND, IF REQUESTED BY THE COMPANY, UPON DELIVERY OF AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO THE COMPANY THAT THE PROPOSED TRANSFER IS EXEMPT FROM THE ACT OR SUCH LAWS.

d. Milestone Shares. In the event the Company's Chief Scientific Officer and / or Chief Financial Officer achieve success so as to trigger their milestone share awards, the Employee shall receive a milestone share award equal to any awards attained by the Chief Scientific Officer and / or the Chief Financial Officer, with a total of 10,000,000 newly issued Series M Preferred shares of the Company stock (fully vested as they are awarded).

6. Termination.

a. Employee's employment hereunder shall terminate upon the earlier of:

(i) the expiration of the Employment Period,

(ii) the death of Employee,

(iii) the expiration of a continuous period of thirty (30) calendar days during which Employee is unable to perform his material duties due to physical or mental incapacity,

(iv) termination by the Company due to “just cause,”

(v) termination by Employee due to a material breach of this Agreement by the Company. The exercise of the right of the Company or Employee to terminate this Agreement pursuant to clauses (iv) or (v) hereof, as the case may be, shall not abrogate the rights and remedies of the terminating party in respect of the breach giving rise to such termination.

 3 

 

 

b. "Just cause" hereunder shall be defined and limited to mean:

(i) Employee's failure or refusal, as determined by the BoD in its discretion, to perform specific directives which are consistent with the scope and nature of Employee's duties and responsibilities as set forth herein (including the duties described in Section 3), which failure or refusal continues after notice thereof and a reasonable time to cure; such reasonable time to be determined by the BoD.

(ii) Employee's conviction for a felony or any crime involving moral turpitude, fraud, or misrepresentation, or the presentation of proof satisfactory to the BoD in the exercise of its reasonable judgment of Employee's misappropriation or embezzlement of funds or assets from the Company;

(iii) any intentional act having the purpose and effect of injuring the reputation, business or business relationships of the Company in any material respect; and

(iv) any breach by Employee of any material provision of this Agreement, including, without limitation, the restrictive covenants contained in Section 7 hereof.

c. In the event of any dispute regarding the existence of Employee's incapacity hereunder, the matter wil1 be resolved by the determination of a physician qualified to practice medicine in California selected by the BoD. For this purpose, Employee will submit to appropriate medical examinations.

d. If Employee's employment hereunder is terminated pursuant to Section 6 the Company shall have still owe compensation to the Employee until this agreement has reached completion of its term (June 14, 2020) except the Company shall have no further obligations or liabilities hereunder in the event Employee is terminated due to Employee's conviction for a felony or any crime involving embezzlement, moral turpitude, fraud, or misrepresentation.

7. Restrictive Covenant.

a. Non-disclosure. Employee has, and during the Employment Period will have, access to confidential information and trade secrets of the Company and its subsidiaries (the "Confidential Information") that may include, among other things:

(i) Financial information

(ii) Supply and services information

(iii) Marketing information

(iv) Personnel information

(v) Customer information

(vi) Product information

(vii) The Company’s procedures, systems, policies and processes of operation.

Employee shall at all times during his employment by the Company and thereafter hold in strictest confidence any and all Confidential Information that may have come or may come into Employee's possession or within Employee's knowledge. Employee agrees that neither he nor any person or entity, directly or indirectly, controlled by or under common control with the Employee (an "Affiliate") will for any reason, except in the course of performing his duties hereunder, for himself or any other person, use or disclose to anyone, exclusive of Company employees, agents, representatives, or independent consultants to the Company or any of its subsidiaries or Affiliates of the Company, any Confidential Information; provided, however, that Employee may disclose Confidential Information which (i) has become generally available to the public other than as a result of a breach of this Agreement by Employee or (ii) Employee is compelled to disclose pursuant to subpoena or an order by a court competent jurisdiction; provided that, if Employee is so required to disclose any Confidential Information pursuant to the foregoing clause (ii), Employee shall provide advance written notice to the Company, to the extent possible, to allow the Company to seek an appropriate protective order therefore (iii) Potential advisors, employees, or investors of the Company where there is a reasonable expectation of confidentiality. All Confidential Information shall remain the Company's property and shall be returned (or, at the Company's option, destroyed) upon the Company's written request.

 4 

 

 

b. Non-Solicitation of Employees. Employee agrees that from the date hereof and continuing for a period of three years following the termination of this Agreement for whatever reason (the "Non-Compete Period"), neither Employee nor any Affiliate of Employee will solicit or hire for employment any officer, director or employee of the Company who was employed by the Company at any time within twelve months prior to the act of solicitation.

c. Non-Competition. Employee agrees that, other than with the approval of the CEO, which approval shall not be unreasonably withheld, during the Employment Period, neither Employee nor any Affiliate of Employee will, directly or indirectly, become a shareholder, director, officer, agent, partner or employee of, or otherwise hold any ownership interest in, any person, firm or entity engaged in any Competitive Business (as defined below), engage as a sole proprietor in any Competitive Business, act as a consultant to or assist any of the foregoing or otherwise engage or participate in any Competitive Business; provided, however, that the foregoing shall not prohibit the ownership by Employee of less than ten percent (10%) of the outstanding shares of the stock of any corporation engaged in any Competitive Business, which shares are regularly traded on a national securities exchange or in any over-the-counter market. For the purpose hereof, "Competitive Business" means the ownership, operation, development, marketing of the services related to, or management of cellular therapeutics within the United States.

d. Consideration, Relief, Reformation; Severability. The Company has specifically bargained for the covenants set forth in this Section 6 in consideration for the compensation, experience, and information that Employee will gain or receive in connection with his employment by the Company. Employee agrees that the covenants set forth herein will not preclude Employee from engaging in any lawful profession, trade or business or from being gainfully employed necessary to provide Employee, his family members and dependents a standard of living to which he and they have been accustomed and may expect. Employee acknowledges and agrees that the restrictive covenants in this Section 6 have been specifically negotiated, are reasonable in all respects, including, without limitation, their geographic scope and duration, and may be enforced by specific performance or otherwise. Employee shall not raise any issue of reasonableness as a defense in any proceeding to enforce any of such covenants. Notwithstanding the foregoing, in the event that a covenant included in this Agreement shall be deemed by any court to be unreasonably broad in any respect, it shall be modified or limited in its geographic scope, duration or otherwise to the extent necessary to make it reasonable while preserving its restrictive nature to the maximum degree possible and shall be enforced accordingly; provided however, that if, notwithstanding the foregoing, a court of competent jurisdiction shall hold any of the covenants contained in Sections 7 (a), (b) or (c) to be unenforceable (as so modified), then the unenforceable covenant shall be deemed eliminated from the provisions of this Agreement for the purpose of those proceedings to the extent necessary to permit the remaining covenants to be enforced so that the validity, legality or enforceability of the remaining provisions of this Agreement shall not be affected thereby.

8. Developments.

Employee hereby assigns to the Company his entire right, title and interest in all know how, discoveries and improvements, customer lists, trade secrets and ideas, writings and copyrightable material, which may be conceived by Employee or developed or acquired by him during the term of this Agreement, which may pertain directly to the Company's business and were developed with Company resources. Employee agrees to promptly and fully disclose in writing all such developments. Employee will, upon the Company's request, execute, acknowledge and deliver to the Company all instruments and do all other acts which are necessary or desirable to entitle the Company to all rights in the foregoing and enable the Company to file and prosecute applications for, and to acquire, maintain and enforce all letters, trademark registrations or copyrights with respect to the foregoing in all countries.

 5 

 

 

9. Remedies.

Employee acknowledges that any material breach of this Agreement will cause irreparable harm to the Company, that such harm will be difficult if not impossible to ascertain, and that the Company shall be entitled to equitable relief, including injunction, against any actual or threatened breach hereof, without bond and without liability should such relief be denied, modified or vacated. Neither the right to obtain such relief nor the obtaining of such relief shall be exclusive of or preclude the Company from any other remedy.

10. Legal Counsel.

Employee acknowledges that Employee has carefully read this Agreement and understands all of the terms hereof and that Employee has been given the opportunity to discuss this Agreement with Employee's private legal counsel and has availed himself of that opportunity to the extent Employee wishes to do so.

11. Notices.

All notices, requests and other communications under this Agreement shall be in writing and shall be deemed to have been received five business days after having been deposited in the United States Mail and enclosed in a registered or certified post-paid envelope; one day after having been sent by overnight courier on a business day or otherwise at the open of business on the next succeeding business day; when personally delivered or sent by facsimile communications equipment of the sending party on a business day or otherwise at the open of business on the next succeeding business day; and, in each case, addressed to the respective parties at the addresses stated below or to such other changed addresses that the parties may have fixed by notice in accordance herewith.

If to the Company:

Zander Therapeutics, Inc.

4700 Sprint Street, Suite 304

La Mesa, CA 91942

 

Attn: David Koos, CEO

 

 If to Employee:

David Koos

c/o Zander Therapeutics, Inc.

4700 Sprint Street, Suite 304

La Mesa, CA 91942

venturebridge@gmail.com

 

12. Waiver of Breach.

A waiver by the Company or Employee of a breach of any provision of this Agreement by the other party shall not operate or be construed as a waiver of any subsequent breach by the other party.

 

 6 

 

 

13. Entire Agreement.

This instrument contains the entire agreement of the parties with respect to the subject matter hereof and supersedes any prior agreements of the parties with respect to the subject matter hereof. It may be changed only by an agreement in writing signed by a party against whom enforcement of any waiver, change, modification, extension or discharge is sought.

 14. Applicable Law.

 The terms and conditions of this Agreement shall be governed by and construed in accordance with the laws of the State or California. Any action to enforce this Agreement shall be brought in the state courts located in San Diego County, State of California.

IN WHITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first above written.

By:    
     
/s/ David Koos    
David Koos    
Chief Executive Officer    
     
     
By:    
     
/s/ David Koos    
David R. Koos, employee    

 

 7 

 

Schedule 1.

 Employer: Zander Therapeutics, Inc.

 Location: Company Headquarters and any remote offices

 

Description:

 

Job Description – Chief Executive Officer

 

Job Summary

 

The CEO's leadership role entails being ultimately responsible for all day-to-day management decisions and for implementing the Company's long and short term plans. The CEO acts as a direct liaison between the Company's Board of Directors and management of the Company and communicates to the Board on behalf of management.

The CEO supervises and controls all strategic and business aspects of the company. As CEO, you will be the first in command in the company and responsible for giving the proper strategic direction as well as creating a vision for success.

Responsibilities

  Develop high quality business strategies and plans ensuring their alignment with short-term and long-term objectives

 

  Lead and motivate subordinates to advance employee engagement develop a high performing managerial team

 

  Oversee all operations and business activities to ensure they produce the desired results and are consistent with the overall strategy and mission

 

  Make high-quality investing decisions to advance the business and increase profits

 

  Enforce adherence to legal guidelines and in-house policies to maintain the company’s legality and business ethics

 

  Review financial and non-financial reports to devise solutions or improvements

 

  Build trust relations with key partners and stakeholders and act as a point of contact for important shareholders

 

  Analyze problematic situations and occurrences and provide solutions to ensure company survival and growth

 

  Maintain a deep knowledge of the markets and industry of the company

 

 8 

 

EX-10.25 8 ex10_25.htm EXHIBIT 10.25

SECURITIES PURCHASE AGREEMENT

ZANDER THERAPEUTICS, INC.

 

THIS SECURITIES PURCHASE AGREEMENT (the "Agreement") is entered into by and among Zander Therapeutics, Inc., a Nevada corporation (the "Company") whose address is 4700 Spring Street, St 304, La Me California 91942, and Herrick Family Trust ("Purchaser"), a person whose address is (5022 Royal Vista Court, Westlake Village, CA 91362)

 

WHEREAS:

 

The Purchaser desires to purchase shares of the common stock of the Company ("Shares") in accordance with the terms and conditions set forth herein. 

The Company desires to issue and sell Shares to the Purchaser in accordance with the terms and conditions set forth herein.

THEREFORE, IT IS AGREED AS FOLLOWS

 

1. Purchase Price

The purchase price per Share ('"Purchase Price"), payable in US Dollars, shall be $1.00 per Share. 

2. Form of Payment

The Purchaser shall pay the Purchase Price per Share multiplied by that number of Shares Purchased by wire transfer of immediately available funds to the Company.

WIRE INSTRUCTIONS:

 

Zander Therapeutics Wire Instructions: 

 1 

 

 

Issuance of Stock 

10 business days subsequent to receipt of payment of the Purchase Price the Company shall issue to the Purchaser that number of Shares purchased

3. Purchaser's Representations and Warranties

 

(a)   As of the date hereof, the Purchaser is purchasing the Shares for its own account and not with a present view towards the public sale or distribution thereof, except pursuant to sales registered or exempted from registration under the Securities Act of 1933, as amended (the "Act").

(b) The Purchaser is an '"accredited investor" as that term is defined in Rule 501(a) of Regulation D promulgated under the Act.

(c)   The Purchaser and its advisors if any, have been, furnished with all materials relating to the business, finances and operations of the Company and materials relating to the offer and sale of the Stocks which have been requested by the Purchaser or its advisors. Notwithstanding the foregoing, the Company has not disclosed to the Purchaser any material nonpublic information and will not disclose such information unless such information is disclosed to the public prior to such disclosure to the Purchaser.

(d) Purchaser has the requisite power and authority to enter into and perform its obligations under this Agreement without the consent, approval or authorization of, or obligation to notify, any person, entity or governmental agency which consent has not been obtained.

(e)   The execution, delivery and performance of this Agreement by Purchaser does not and shall not constitute Purchaser's breach of any statute or regulation or ordinance of any governmental authority, and shall not conflict with or result in a breach of or default under any of the terms, conditions, or provisions of any order, writ, injunction, decree, contract, agreement, or instrument to which the Purchaser is a party, or by which Purchaser is or may be bound.

4. Company's representations and warranties

(a) Company is a corporation duly organized, validly existing and in good standing under the laws of the state its incorporation and has the requisite corporate power and authority to enter into and perform its obligations under this Agreement without the consent, approval or

 2 

 

authorization of, or obligation to notify, any person, entity or governmental agency which consent has not been obtained.

(b)  The execution, delivery and performance of this Agreement by Company does not and shall not constitute Company's breach of any statute or regulation or ordinance of any governmental authority, and shall not conflict with or result in a breach of or default under any of the terms, conditions, or provisions of any order, writ, injunction, decree, contract, agreement, or instrument to which the Company is a party, or by which Company is or may be bound.

5. Restricted Securities Acknowledgement

SHARES TO BE ISSUED PURSUANT TO THIS AGREEMENT WILL NOT BE REGISTERED WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION PURSUANT TO THE SECURITIES ACT OF 1933 OR THE SECURITIES LAW OF ANY STATE OR OTHER JURISDICTION. 

Purchaser acknowledges that any securities issued pursuant to this Agreement shall not be registered pursuant to the Securities Act of 1933 and shall constitute "restricted securities" as that term is defined in Rule 144 promulgated under the Act, and shall contain the following restrictive legend:

"THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE ''ACT"), OR SECURITIES LAWS OF ANY STATE AND MAY NOT BE OFFERED, SOLD, ASSIGNED, PLEDGED, TRANSFERRED OR OTHERWISE DISPOSED OF IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT AND APPLICABLE STATE SECURITIES LAWS OR PURSUANT TO AN AVAILABLE EXEMPTION FROM REGISTRATION UNDER THE ACT OR SUCH LAWS AND, IF REQUESTED BY THE COMPANY, UPON DELIVERY OF AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO THE COMPANY THAT THE PROPOSED TRANSFER IS EXEMPT FROM THE ACT OR SUCH LAWS."

9. Entire Agreement

 

This Agreement constitutes a final written expression of all the terms of the Agreement between the parties regarding the subject matter hereof, are a complete and exclusive statement of those terms, and supersedes all prior and contemporaneous Agreements, understandings, and representations between the parties.

10. Governing Law, Venue, Waiver Of Jury Trial

 

All questions concerning the construction, validity, enforcement and interpretation of this Agreement shall be governed by and construed and enforced in accordance with the internal laws of the State of California, without regard to the principles of conflicts of law thereof. Each party hereby irrevocably submits to the exclusive jurisdiction of the state and federal courts sitting in

 3 

 

 

California for the adjudication of any dispute hereunder or in connection herewith or with any transaction contemplated hereby or discussed herein and hereby irrevocably waives, and agrees not to assert in any suit, action or proceeding, any claim that it is not personally subject to the jurisdiction of any such court, that such suit, action or proceeding is improper or inconvenient venue for such proceeding. If either party shall commence an action or proceeding to enforce any provisions of this Agreement, then the prevailing party in such action or proceeding shall be reimbursed by the other party for its attorneys' fees and other costs and expenses incurred with the investigation, preparation and prosecution of such action or proceeding.

 

 

IN WITNESS WHEREOF, the parties have hereunto executed this Agreement on the 27th day of August, 2018.

 

 

Zander Therapeutics, Inc.

/s/David Koos

Its: CEO

August 27, 2018

 

Purchaser

/s/Joseph Anthony Herrick

By: Joseph Anthony Herrick for Herrick Family Trust

August 27, 2018

 4 

 

 

EX-10.26 9 ex10_26.htm EXHIBIT 10.26

SECURITIES PURCHASE AGREEMENT ZANDER THERAPEUTICS, INC.

 

THIS SECURITIES PURCHASE AGREEMENT (the "Agreement") is entered into by and among Zander Therapeutics, Inc., a Nevada corporation (the "Company") whose address is 4700 Spring Street, St 304, La Mesa, California 91942, and ______________("Purchaser '), a trust whose address is____________________.

 

The Securities offered have not been, and will not be, registered under the Securities Act of 1933, as amended (the "Act") and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons except pursuant to an exemption from, or in a transaction not subject to, the registration requirement of the Act. The Securities are being offered and sold only to "accredited investors" (as defined in Rule 501 of Regulation D under the Securities Act).

 

WHEREAS:

 

The Purchaser desires to purchase shares of the common stock of the Company ("Shares") in accordance with the terms and conditions set forth herein.

 

The Company desires to issue and sell Shares to the Purchaser in accordance with the terms and conditions set forth herein.

 

THEREFORE, IT IS AGREED AS FOLLOWS

 

1. Purchase Price

 

The purchase price per Share ('"Purchase Price"), payable in US Dollars, shall be $2.00 per Share.

2. Form of Payment

 

The Purchaser shall pay the Purchase Price per Share multiplied by that number of Shares Purchased by wire transfer of immediately available funds to the Company.

WIRE INSTRUCTIONS:

 

Zander Therapeutics Wire Instructions:

 

 1 

 

Issuance of Stock

10 business days subsequent to receipt of payment of the Purchase Price the Company shall issue to the Purchaser that number of Shares purchased

3. Purchaser's Representations and Warranties

 

(a)   As of the date hereof, the Purchaser is purchasing the Shares for its own account and not with a present view towards the public sale or distribution thereof, except pursuant to sales registered or exempted from registration under the Securities Act of 1933, as amended (the "Act").

(b) The Purchaser is an '"accredited investor" as that term is defined in Rule 501(a) of Regulation D promulgated under the Act.

(c)   The Purchaser and its advisors if any, have been, furnished with all materials relating to the business, finances and operations of the Company and materials relating to the offer and sale of the Stocks which have been requested by the Purchaser or its advisors. Notwithstanding the foregoing, the Company has not disclosed to the Purchaser any material nonpublic information and will not disclose such information unless such information is disclosed to the public prior to such disclosure to the Purchaser.

(d) Purchaser has the requisite power and authority to enter into and perform its obligations under this Agreement without the consent, approval or authorization of, or obligation to notify, any person, entity or governmental agency which consent has not been obtained.

(e)   The execution, delivery and performance of this Agreement by Purchaser does not and shall not constitute Purchaser's breach of any statute or regulation or ordinance of any governmental authority, and shall not conflict with or result in a breach of or default under any of the terms, conditions, or provisions of any order, writ, injunction, decree, contract, agreement, or instrument to which the Purchaser is a party, or by which Purchaser is or may be bound.

4. Company's representations and warranties

 

(a) Company is a corporation duly organized, validly existing and in good standing under the laws of the state its incorporation and has the requisite corporate power and authority to enter into and perform its obligations under this Agreement without the consent, approval or

 2 

 

authorization of, or obligation to notify, any person, entity or governmental agency which consent has not been obtained.

(b)  The execution, delivery and performance of this Agreement by Company does not and shall not constitute Company's breach of any statute or regulation or ordinance of any governmental authority, and shall not conflict with or result in a breach of or default under any of the terms, conditions, or provisions of any order, writ, injunction, decree, contract, agreement, or instrument to which the Company is a party, or by which Company is or may be bound.

5. Restricted Securities Acknowledgement

 

SHARES TO BE ISSUED PURSUANT TO THIS AGREEMENT WILL NOT BE REGISTERED WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION PURSUANT TO THE SECURITIES ACT OF 1933 OR THE SECURITIES LAW OF ANY STATE OR OTHER JURISDICTION.

Purchaser acknowledges that any securities issued pursuant to this Agreement shall not be registered pursuant to the Securities Act of 1933 and shall constitute "restricted securities" as that term is defined in Rule 144 promulgated under the Act, and shall contain the following restrictive legend:

"THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE ''ACT"), OR SECURITIES LAWS OF ANY STATE AND MAY NOT BE OFFERED, SOLD, ASSIGNED, PLEDGED, TRANSFERRED OR OTHERWISE DISPOSED OF IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT AND APPLICABLE STATE SECURITIES LAWS OR PURSUANT TO AN AVAILABLE EXEMPTION FROM REGISTRATION UNDER THE ACT OR SUCH LAWS AND, IF REQUESTED BY THE COMPANY, UPON DELIVERY OF AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO THE COMPANY THAT THE PROPOSED TRANSFER IS EXEMPT FROM THE ACT OR SUCH LAWS."

9. Entire Agreement

 

This Agreement constitutes a final written expression of all the terms of the Agreement between the parties regarding the subject matter hereof, are a complete and exclusive statement of those terms, and supersedes all prior and contemporaneous Agreements, understandings, and representations between the parties.

10. Governing Law, Venue, Waiver Of Jury Trial

 

All questions concerning the construction, validity, enforcement and interpretation of this Agreement shall be governed by and construed and enforced in accordance with the internal laws of the State of California, without regard to the principles of conflicts of law thereof. Each party hereby irrevocably submits to the exclusive jurisdiction of the state and federal courts sitting in

 3 

 

 

California for the adjudication of any dispute hereunder or in connection herewith or with any transaction contemplated hereby or discussed herein and hereby irrevocably waives, and agrees not to assert in any suit, action or proceeding, any claim that it is not personally subject to the jurisdiction of any such court, that such suit, action or proceeding is improper or inconvenient venue for such proceeding. If either party shall commence an action or proceeding to enforce any provisions of this Agreement, then the prevailing party in such action or proceeding shall be reimbursed by the other party for its attorneys' fees and other costs and expenses incurred with the investigation, preparation and prosecution of such action or proceeding.

 

IN WITNESS WHEREOF, the parties have hereunto executed this Agreement

 

 

Zander Therapeutics, Inc.

/s/David Koos

David Koos, CEO

August 12,

2018

 

Purchaser

_______________

 

Purchaser

 

August 9 2018

 

Number of shares of common Stock Purchased: 50,000 shares

Total Purchase Price: $2 Per Share

 4 

 

 

 

EX-31.1 10 ex31_1.htm EXHIBIT 31.1

CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO

SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

 

I, David R. Koos, certify that:

1. I have reviewed this annual report on Form 10-K for the YEAR ended June 30, 2018 of Zander Therapeutics, Inc.;

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

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

4. The registrant's other certifying officer(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 controls over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

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

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

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

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

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

(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:9/25/2018   By: /s/ David R. Koos
      David R. Koos
      Chief Executive Officer

 

EX-31.2 11 ex31_2.htm EXHIBIT 31.2

CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO

SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

 

I, Todd S. Caven, certify that:

1. I have reviewed this annual report on Form 10-K for the YEAR ended June 30, 2018 of Zander Therapeutics, Inc.;

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

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

4. The registrant's other certifying officer(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 controls over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

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

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

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

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

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

(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: 9/25/2018   By: /s/ Todd S. Caven
      Todd S. Caven
      Chief Financial Officer

 

EX-32.1 12 ex32_1.htm EXHIBIT 32.1

CERTIFICATION OF CHIEF EXECUTIVE OFFICER

PURSUANT TO 18 U.S.C. SECTION 1350

AS ADOPTED PURSUANT TO SECTION 906

OF THE SARBANES-OXLEY ACT OF 2002

 

In connection with the Annual Report of Zander Therapeutics, Inc. on Form 10-K for the year ended June 30, 2018 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, David R. Koos, Chief Executive Officer certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to the best of my knowledge and belief:

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

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

 

 

 Dated: 9/25/2018 By: /s/ David R. Koos
    David R. Koos
    Chief Executive Officer
     

 

 

EX-32.2 13 ex32_2.htm EXHIBIT 32.2

CERTIFICATION OF CHIEF FINANCIAL OFFICER

PURSUANT TO 18 U.S.C. SECTION 1350

AS ADOPTED PURSUANT TO SECTION 906

OF THE SARBANES-OXLEY ACT OF 2002

 

In connection with the Annual Report of Zander Therapeutics, Inc. on Form 10-K for the year ended June 30, 2018 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Todd S. Caven, Chief Financial Officer certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to the best of my knowledge and belief:

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

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

 

 

 Dated: 9/25/2018 By: /s/ Todd S. Caven
    Todd S. Caven
    Chief Executive Officer
     

 

 

 

EX-101.INS 14 zander-20180630.xml XBRL INSTANCE FILE 0001718644 2017-07-01 2018-06-30 0001718644 2017-12-31 0001718644 us-gaap:CommonStockMember 2018-09-14 0001718644 zander:SeriesMPreferredStockMember 2018-09-14 0001718644 2018-06-30 0001718644 2017-06-30 0001718644 2016-07-01 2017-06-30 0001718644 2016-06-30 0001718644 us-gaap:CommonStockMember 2016-07-01 2017-06-30 0001718644 us-gaap:CommonStockMember 2017-07-01 2018-06-30 0001718644 us-gaap:CommonStockMember 2016-06-30 0001718644 us-gaap:CommonStockMember 2017-06-30 0001718644 us-gaap:CommonStockMember 2018-06-30 0001718644 zander:SeriesMPreferredStockMember 2016-07-01 2017-06-30 0001718644 zander:SeriesMPreferredStockMember 2017-07-01 2018-06-30 0001718644 zander:SeriesMPreferredStockMember 2017-06-30 0001718644 zander:SeriesMPreferredStockMember 2018-06-30 0001718644 us-gaap:AdditionalPaidInCapitalMember 2016-07-01 2017-06-30 0001718644 us-gaap:AdditionalPaidInCapitalMember 2017-07-01 2018-06-30 0001718644 us-gaap:AdditionalPaidInCapitalMember 2016-06-30 0001718644 us-gaap:AdditionalPaidInCapitalMember 2017-06-30 0001718644 us-gaap:AdditionalPaidInCapitalMember 2018-06-30 0001718644 zander:CommonStockSubscribedForButUnissuedMember 2016-07-01 2017-06-30 0001718644 zander:CommonStockSubscribedForButUnissuedMember 2017-07-01 2018-06-30 0001718644 zander:CommonStockSubscribedForButUnissuedMember 2017-06-30 0001718644 zander:CommonStockSubscribedForButUnissuedMember 2018-06-30 0001718644 us-gaap:OtherAdditionalCapitalMember 2016-07-01 2017-06-30 0001718644 us-gaap:OtherAdditionalCapitalMember 2017-07-01 2018-06-30 0001718644 us-gaap:OtherAdditionalCapitalMember 2016-06-30 0001718644 us-gaap:OtherAdditionalCapitalMember 2017-06-30 0001718644 us-gaap:OtherAdditionalCapitalMember 2018-06-30 0001718644 zander:SeriesAAPreferredStockMember 2017-07-01 2018-06-30 0001718644 zander:SeriesAAPreferredStockMember 2017-06-30 0001718644 zander:SeriesAAPreferredStockMember 2018-06-30 0001718644 us-gaap:RetainedEarningsMember 2016-07-01 2017-06-30 0001718644 us-gaap:RetainedEarningsMember 2017-07-01 2018-06-30 0001718644 us-gaap:RetainedEarningsMember 2016-06-30 0001718644 us-gaap:RetainedEarningsMember 2017-06-30 0001718644 us-gaap:RetainedEarningsMember 2018-06-30 0001718644 us-gaap:CommonStockMember 2018-06-30 0001718644 us-gaap:CommonStockMember 2017-06-30 0001718644 zander:SeriesMPreferredStockMember 2018-06-30 0001718644 zander:SeriesMPreferredStockMember 2017-06-30 0001718644 zander:SeriesAAPreferredStockMember 2018-06-30 0001718644 zander:SeriesAAPreferredStockMember 2017-06-30 0001718644 srt:RestatementAdjustmentMember 2017-06-30 0001718644 srt:RestatementAdjustmentMember 2016-07-01 2017-06-30 0001718644 zander:SeriesMPreferredStockMember 2016-06-30 0001718644 us-gaap:CommonStockMember 2017-07-09 0001718644 zander:SeriesMPreferredStockMember 2017-08-20 0001718644 zander:SeriesAAPreferredStockMember 2016-06-30 0001718644 zander:SeriesAAPreferredStockMember 2017-09-15 0001718644 2015-06-18 2018-06-30 0001718644 2017-07-01 2017-09-30 0001718644 2015-06-23 2018-06-30 0001718644 zander:NonVotingConvertiblePreferredStockMember 2017-07-24 0001718644 2017-10-01 2017-12-31 0001718644 2018-01-01 2018-03-31 0001718644 us-gaap:CommonStockMember 2017-03-01 0001718644 zander:SeriesMPreferredStockMember zander:EntestGroupMember 2017-06-15 0001718644 zander:SeriesMPreferredStockMember zander:DavidKoosMember 2017-06-15 0001718644 zander:SeriesMPreferredStockMember zander:ToddCavenMember 2017-06-15 0001718644 2018-04-01 2018-06-30 0001718644 us-gaap:CommonStockMember 2018-10-30 0001718644 us-gaap:CommonStockMember 2018-02-05 0001718644 us-gaap:CommonStockMember 2018-02-27 0001718644 zander:SeriesMPreferredStockMember zander:AugustAgreementMember 2017-07-09 0001718644 us-gaap:CommonStockMember zander:BusinessAdvisoryBoard2Member 2017-07-09 0001718644 zander:AdjustmentsForErrorCorrectionMember 2017-06-30 0001718644 zander:AdjustmentsForErrorCorrectionMember 2016-07-01 2017-06-30 0001718644 us-gaap:OtherAdditionalCapitalMember zander:AdjustmentsForErrorCorrectionMember 2016-07-01 2017-06-30 0001718644 us-gaap:OtherAdditionalCapitalMember zander:OriginallyPresentedMember 2016-07-01 2017-06-30 0001718644 us-gaap:OtherAdditionalCapitalMember zander:OriginallyPresentedMember 2016-06-30 0001718644 us-gaap:OtherAdditionalCapitalMember zander:OriginallyPresentedMember 2017-06-30 0001718644 us-gaap:OtherAdditionalCapitalMember zander:AdjustmentsForErrorCorrectionMember 2016-06-30 0001718644 us-gaap:OtherAdditionalCapitalMember zander:AdjustmentsForErrorCorrectionMember 2017-06-30 0001718644 us-gaap:RetainedEarningsMember zander:AdjustmentsForErrorCorrectionMember 2016-07-01 2017-06-30 0001718644 us-gaap:RetainedEarningsMember zander:AdjustmentsForErrorCorrectionMember 2017-06-30 0001718644 us-gaap:RetainedEarningsMember zander:OriginallyPresentedMember 2016-07-01 2017-06-30 0001718644 us-gaap:RetainedEarningsMember zander:OriginallyPresentedMember 2017-06-30 0001718644 us-gaap:SeriesAPreferredStockMember zander:RegenBiopharmaMember 2018-07-03 0001718644 2018-07-05 2018-09-24 0001718644 us-gaap:CommonStockMember 2018-07-12 0001718644 us-gaap:CommonStockMember 2018-08-21 0001718644 zander:CommonStock2Member 2018-08-21 0001718644 us-gaap:CommonStockMember zander:BusinessAdvisoryBoardMember 2018-09-06 0001718644 us-gaap:CommonStockMember zander:BusinessAdvisoryBoard2Member 2018-09-06 0001718644 us-gaap:CommonStockMember 2018-09-06 0001718644 zander:CommonStock2Member 2018-09-06 0001718644 srt:RestatementAdjustmentMember 2016-06-30 0001718644 zander:SeriesMPreferredStockMember zander:AugustAgreementMember 2017-07-10 2018-06-30 0001718644 us-gaap:CommonStockMember zander:BusinessAdvisoryBoard2Member 2017-07-10 2018-06-30 0001718644 zander:OriginallyReportedMember 2017-06-30 0001718644 zander:OriginallyReportedMember 2016-07-01 2017-06-30 iso4217:USD xbrli:shares iso4217:USD xbrli:shares xbrli:pure Zander Therapeutics, Inc 0001718644 10-K 2018-06-30 false --06-30 No No No 0 6033001 9000000 370313 96005 96005 66239 650 0 35000 472202 96005 96005 472202 96005 96005 1087969 0 119089 119089 0 107343 107343 0 11593 818 104931 105749 1099562 227250 1099562 227250 224838 475 301 301 900 750 0 100000 100000 100000 1620689 120814 120814 413878 228687 227782 905 -2763302 -581796 -230193 -351603 -627358 -131244 -203526 0 301 475 750 900 0 120814 1620689 100000 100000 118185 228687 413878 0 0 -321711 -581796 -2763302 -131244 905 905 227782 227782 -230193 -351603 -128833 472202 96005 96005 0.0001 0.0001 100000000 100000000 4758001 3008001 4758001 3008001 0.0001 0.0001 0.0001 0.0001 .0001 0.0001 50000000 50000000 10000000 10000000 1000000 0 9000000 7500000 200 0 9000000 7500000 200 0 100000 100000 100000 110000 110000 1569584 12600 12600 150 2000 2000 1669734 124600 224600 68600 72000 72000 0 650 650 67097 3632 -650 4282 135697 76282 72000 4282 36792 38502 38502 0 79799 249569 17952 17952 329368 17952 17952 2171592 257336 10502 246834 -2171592 -257336 -10502 -246834 148 148 9913 2079 -2079 0 -818 2079 2897 -9913 -2749 -2749 -2181505 -260085 -10502 -249583 -2181505 -260085 -260085 -2181505 -260085 -2763302 -10502 -10502 -249583 -249583 -.51 -0.261 -0.251 4281267 996297 996297 162 750 1087969 -96565 5749 -100000 105749 -35000 -66854 -1297792 -253586 -211617 -41969 1500000 120000 120000 185189 110502 100502 0 -119089 119089 119089 1566100 349591 211617 137974 274308 96005 96005 370313 96005 96005 96005 101115 101115 1 3008001 4758001 7500000 9000000 0 200 185191 110502 110502 185191 110502 0 3000000 101115 300 100815 8000 20000 1 19999 7500000 750 750 100000 0 10 99990 -100000 500000 50 50 100000 10 10 1400000 140 140 0 0 900000 900000 90 899910 100000 200000 10 199990 150000 300000 15 299985 100000 100000 100000 100000 <p style="margin: 0pt"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><b>NOTE 1. ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">Zander Therapeutics , Inc. (&#8220;Company&#8221;) was organized June 18, 2015 under the laws of the State of Nevada. As of June 30, 2018 36% of the outstanding share capital of the Company is owned by Entest Group, Inc. Entest Group, Inc. is under common control with the Company.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The Company intends to engage primarily in the development of veterinary medical applications which we intend to license from other entities as well as develop internally.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">A. BASIS OF ACCOUNTING</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The financial statements have been prepared using the basis of accounting generally accepted in the United States of America. Under this basis of accounting, revenues are recorded as earned and expenses are recorded at the time liabilities are incurred. The Company has adopted a June 30year-end.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">B. USE OF ESTIMATES</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">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. Actual results could differ from those estimates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">C. CASH EQUIVALENTS</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The Company considers all highly liquid investments with a maturity of three months or less when purchased to be cash equivalents.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160; &#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">D. PROPERTY AND EQUIPMENT</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">Property and equipment are recorded at cost. Maintenance and repairs are expensed in the year in which they are incurred. Expenditures that enhance the value of property and equipment are capitalized.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">E. FAIR VALUE OF FINANCIAL INSTRUMENTS</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">Fair value is the price that would be received for an asset or the exit price that would be paid to transfer a liability in the principal or most advantageous market in an orderly transaction between market participants on the measurement date. &#160;A fair value hierarchy requires an entity to maximize the use of observable inputs, where available. The following summarizes the three levels of inputs required by the standard that the Company uses to measure fair value:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">Level 1: &#160;Quoted prices in active markets for identical assets or liabilities</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">Level 2: &#160;Observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the related assets or liabilities.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">Level 3: &#160;Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities</p> <table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 33%; font: 12pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 34%; font: 12pt Times New Roman, Times, Serif; text-align: center"><font style="font-size: 10pt">24</font></td> <td style="width: 33%; font: 12pt Times New Roman, Times, Serif; text-align: right">&#160;</td></tr> </table> <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; background-color: white">F. INCOME TAXES</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The Company accounts for income taxes using the liability method prescribed by ASC 740, &#8220;Income Taxes.&#8221; Under this method, deferred tax assets and liabilities are determined based on the difference between the financial reporting and tax bases of assets and liabilities using enacted tax rates that will be in effect in the year in which the differences are expected to reverse. The Company records a valuation allowance to offset deferred tax assets if based on the weight of available evidence, it is more-likely-than-not that some portion, or all, of the deferred tax assets will not be realized. The effect on deferred taxes of a change in tax rates is recognized as income or loss in the period that includes the enactment date.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The Company applied the provisions of ASC 740-10-50, &#8220;Accounting For Uncertainty In Income Taxes&#8221;, which provides clarification related to the process associated with accounting for uncertain tax positions recognized in our financial statements. Audit periods remain open for review until the statute of limitations has passed. The completion of review or the expiration of the statute of limitations for a given audit period could result in an adjustment to the Company&#8217;s liability for income taxes. Any such adjustment could be material to the Company&#8217;s results of operations for any given quarterly or annual period based, in part, upon the results of operations for the given period. As of June 30, 2018 the Company had no uncertain tax positions, and will continue to evaluate for uncertain positions in the future.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The Company generated a deferred tax credit through net operating loss carry forward. &#160;However, a valuation allowance of 100% has been established.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">Interest and penalties on tax deficiencies recognized in accordance with ACS accounting standards are classified as income taxes in accordance with ASC Topic 740-10-50-19.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">G. &#160;BASIC EARNINGS (LOSS) PER SHARE</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The Financial Accounting Standards Board (FASB) issued Accounting Standards Codification (ASC) 260, &#34;Earnings Per Share&#34;, which specifies the computation, presentation and disclosure requirements for earnings (loss) per share for entities with publicly held common stock. ASC 260 requires the presentation of basic earnings (loss) per share and diluted earnings (loss) per share. The Company has adopted the provisions of ASC 260 effective from inception.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">Basic net loss per share amounts is computed by dividing the net income by the weighted average number of common shares outstanding.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">H. ADVERTISING</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">Costs associated with advertising are charged to expense as incurred. Advertising expenses were $0 for the years ended June 30, 2018 and June 30, 2017.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">I. RESEARCH AND DEVELOPMENT COSTS</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">Research and development expenses relate primarily to the cost of discovery and research programs. Research and development costs are charged to expense as incurred. Research and development expenses consist mainly of License Fees paid to Regen Biopharma, Inc, fees paid to Contract Research Organizations (&#8220;CRO&#8221;) conducting studies on the Company&#8217;s behalf, and fees paid to consultants conducting research studies.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">License Fees paid to Regen Biopharma, Inc. are accrued over the course of the reporting period. The Companies make payments to CROs based on agreed-upon terms and the Company generally accrues expenses based on services performed or over the term of the agreement, as applicable.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 33%">&#160;</td> <td style="width: 34%; text-align: center"><font style="font-size: 10pt">25</font></td> <td style="width: 33%; text-align: right">&#160;</td></tr> </table> <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; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">J. STOCK BASED COMPENSATION</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">Stock issued for Non-Employee Services</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">Stock Based compensation to non-employees is accounted for in accordance with ASC 505-50. ASC 505-50 requires entities to account for non-employee equity transactions based on either the fair value of the services received or the fair value of the equity instrument issued utilizing whichever measurement is most reliable. Stock issued for compensation to non employees during the quarter ended September 30, 2017 were accounted for at the fair value of the equity instruments issued as there were no dollar amounts billed to the Company for services rendered by the non employees .</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">In determining the Fair Value of shares issued as compensation, the Company took into account factors including the financial condition of the Company at the time of grant , the Company&#8217;s lack of profitability, the frequency and amount of cash sales of the Company&#8217;s stock, and the Company&#8217;s negative working capital as of the time of grant.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; background-color: white">Pursuant to ASC 505-50-30-11 an issuer shall measure the fair value of the equity instruments in these transactions using the stock price and other measurement assumptions as of the earlier of the following dates, referred to as the measurement date:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; background-color: white">i. &#160;&#160;&#160;&#160;&#160;&#160;&#160;The date at which a commitment for performance by the counterparty to earn the equity instruments is reached (a performance commitment); and</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">ii. &#160;&#160;&#160;&#160;&#160;&#160;&#160;The date at which the counterparty&#8217;s performance is complete.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The Company has assessed that the date of issuance of the stock grant constituted commitment for performance therefore stock grants to nonemployees issued during the period were measured as of the issue date.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The following Summarizes the Company&#8217;s issuance of stock for nonemployee services for the quarter ended September 30, 2017:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#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 style="text-align: center"><font style="font-size: 10pt"><b>Series M Preferred&#160;&#160;Shares</b></font></td> <td>&#160;</td> <td colspan="3" style="text-align: right">&#160;</td> <td>&#160;</td> <td colspan="3" style="text-align: right">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center">&#160;</td> <td>&#160;</td> <td colspan="3" style="text-align: center"><font style="font-size: 10pt"><b>Number of Shares</b></font></td> <td>&#160;</td> <td colspan="3" style="text-align: center"><font style="font-size: 10pt"><b>Weighted Average Fair Value</b></font></td></tr> <tr style="vertical-align: bottom"> <td><font style="font-size: 10pt"><b>Balance July 1, 2016</b></font></td> <td>&#160;</td> <td colspan="3" style="text-align: right">&#160;</td> <td>&#160;</td> <td colspan="3" style="text-align: right">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="width: 58%"><font style="font-size: 10pt">Unvested Shares</font></td> <td style="width: 8%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 11%; text-align: right"><font style="font-size: 10pt">0</font></td> <td style="width: 1%">&#160;</td> <td style="width: 8%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 11%; text-align: right">&#160;</td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Vested Shares</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">6,000,000</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">600</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt"><b>Total July 1, 2017</b></font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt"><b>6,000,000</b></font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">600</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Shares Issued Vested</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">1,500,000</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">150</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt"><b>Balance June 30, 2018</b></font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt"><b>7,500,000</b></font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt"><b>750</b></font></td> <td>&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr> <td style="text-align: center"><font style="font-size: 10pt"><b>Common Shares</b></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="background-color: white"> <td style="text-align: center">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="vertical-align: bottom; text-align: center"><font style="font-size: 10pt"><b>Number of Shares</b></font></td> <td style="vertical-align: bottom; text-align: center">&#160;</td> <td style="vertical-align: bottom; text-align: center">&#160;</td> <td style="vertical-align: bottom; text-align: center">&#160;</td> <td style="vertical-align: bottom; text-align: center"><font style="font-size: 10pt"><b>Weighted Average Fair Value</b></font></td> <td>&#160;</td></tr> <tr style="background-color: silver"> <td><font style="font-size: 10pt"><b>Balance July 1, 2016</b></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="background-color: white"> <td style="width: 58%"><font style="font-size: 10pt">Unvested Shares</font></td> <td style="width: 8%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 11%; text-align: right"><font style="font-size: 10pt">0</font></td> <td style="width: 1%">&#160;</td> <td style="width: 8%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 11%; text-align: right">&#160;</td> <td style="width: 1%">&#160;</td></tr> <tr style="background-color: silver"> <td><font style="font-size: 10pt">Vested Shares</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">0</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="background-color: white"> <td><font style="font-size: 10pt"><b>Total July 1, 2017</b></font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt"><b>0</b></font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="background-color: silver"> <td><font style="font-size: 10pt">Shares Issued Vested</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">500,000</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">50</font></td> <td>&#160;</td></tr> <tr style="background-color: white"> <td><font style="font-size: 10pt"><b>Balance June &#160;30, 2018</b></font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt"><b>&#160;500,000</b></font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt"><b>50</b></font></td> <td>&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">In determining Fair Value for shares issued to nonemployees an asset based valuation method was utilized , specifically Enterprise Value(Assets Less Cash and Cash Equivalents plus Fair Value of Debt) less Fair Value of Debt. The following inputs were utilized.</p> <table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 33%">&#160;</td> <td style="width: 34%; text-align: center"><font style="font-size: 10pt">26</font></td> <td style="width: 33%; text-align: right">&#160;</td></tr> </table> <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; background-color: white">500,000 of the Common Shares of the Company and 100,000 of the Series M Preferred Shares of the Company issued on July 10, 2017:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#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; background-color: silver"> <td style="width: 71%"><font style="font-size: 10pt">Fair Value of&#160;&#160;Intellectual Property as of July 10, 2017</font></td> <td style="width: 10%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 17%; text-align: right"><font style="font-size: 10pt">1145</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Notes Payable as of July 10, 2017</font></td> <td>&#160;</td> <td><font style="font-size: 10pt">$</font></td> <td style="text-align: right"><font style="font-size: 10pt">119.089</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Accrued Expenses as of July 10, 2017</font></td> <td>&#160;</td> <td><font style="font-size: 10pt">$</font></td> <td style="text-align: right"><font style="font-size: 10pt">106,499</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Enterprise Value as of July 10, 2017 (subtotal)</font></td> <td>&#160;</td> <td><font style="font-size: 10pt">$</font></td> <td style="text-align: right"><font style="font-size: 10pt">226,733</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Less Total Debt:</font></td> <td>&#160;</td> <td><font style="font-size: 10pt">$</font></td> <td style="text-align: right"><font style="font-size: 10pt">(225,588</font></td> <td><font style="font-size: 10pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Portion of Enterprise Value attributable to Shareholders:</font></td> <td>&#160;</td> <td><font style="font-size: 10pt">$</font></td> <td style="text-align: right"><font style="font-size: 10pt">1,145</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Per Shares Portion of Enterprise Value attributable to Shareholders</font></td> <td>&#160;</td> <td><font style="font-size: 10pt">$</font></td> <td style="text-align: right"><font style="font-size: 10pt">0.000102</font></td> <td>&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">1,400,000 of the Series M Preferred Shares of the Company issued August 21, 2017</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#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; background-color: silver"> <td style="width: 71%"><font style="font-size: 10pt">Fair Value of&#160;&#160;Intellectual Property as of August 21, 2017</font></td> <td style="width: 10%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 17%; text-align: right"><font style="font-size: 10pt">1145</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Notes Payable as of August 21, 2017</font></td> <td>&#160;</td> <td><font style="font-size: 10pt">$</font></td> <td style="text-align: right"><font style="font-size: 10pt">221,941</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Accrued Expenses as of August 21, 2017</font></td> <td>&#160;</td> <td><font style="font-size: 10pt">$</font></td> <td style="text-align: right"><font style="font-size: 10pt">5,349</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Enterprise Value as of August 21, 2017(subtotal)</font></td> <td>&#160;</td> <td><font style="font-size: 10pt">$</font></td> <td style="text-align: right"><font style="font-size: 10pt">228,435</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Less Total Debt</font></td> <td>&#160;</td> <td><font style="font-size: 10pt">$</font></td> <td style="text-align: right"><font style="font-size: 10pt">(227,290</font></td> <td><font style="font-size: 10pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Portion of Enterprise Value attributable to Shareholders :</font></td> <td>&#160;</td> <td><font style="font-size: 10pt">$</font></td> <td style="text-align: right"><font style="font-size: 10pt">1,145</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Per Share Portion of Enterprise Value attributable to Shareholders</font></td> <td>&#160;</td> <td><font style="font-size: 10pt">$</font></td> <td style="text-align: right"><font style="font-size: 10pt">0.00009</font></td> <td>&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt">Stock issued for Employee Compensation&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">Stock based compensation to employees is accounted for at the award&#8217;s fair value at grant, less the amount (if any) paid by the award recipient.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">In determining the Fair Value of shares issued as compensation, the Company took into account factors including the financial condition of the Company at the time of grant , the Company&#8217;s lack of profitability, the frequency and amount of cash sales of the Company&#8217;s stock, and the Company&#8217;s negative working capital as of the time of grant.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr> <td style="text-align: center"><font style="font-size: 10pt"><b>Series AA Preferred&#160;&#160;Shares</b></font></td> <td colspan="7" style="text-align: center">&#160;</td></tr> <tr style="background-color: white"> <td style="width: 65%; text-align: center">&#160;</td> <td style="width: 1%; text-align: center">&#160;</td> <td style="vertical-align: bottom; width: 13%; text-align: center"><font style="font-size: 10pt"><b>Number of Shares</b></font></td> <td style="vertical-align: bottom; width: 1%; text-align: center">&#160;</td> <td style="vertical-align: bottom; width: 8%; text-align: center">&#160;</td> <td style="vertical-align: bottom; width: 1%; text-align: center">&#160;</td> <td style="vertical-align: bottom; width: 10%; text-align: center"><font style="font-size: 10pt"><b>Weighted Average Fair Value</b></font></td> <td style="width: 1%; text-align: center">&#160;</td></tr> <tr style="background-color: silver"> <td><font style="font-size: 10pt"><b>Balance July 1, 2016</b></font></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="background-color: white"> <td><font style="font-size: 10pt">Unvested Shares</font></td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt"><b>0</b></font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="background-color: silver"> <td><font style="font-size: 10pt">Vested Shares</font></td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt"><b>0</b></font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="background-color: white"> <td><font style="font-size: 10pt"><b>Total July 1, 2017</b></font></td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt"><b>0</b></font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="background-color: silver"> <td><font style="font-size: 10pt">Vested Shares Issued</font></td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">200</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">3.6.</font></td> <td>&#160;</td></tr> <tr style="background-color: white"> <td><font style="font-size: 10pt"><b>Balance 6/30/2018</b></font></td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt"><b>200</b></font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt"><b>3.6</b></font></td> <td>&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">In determining Fair Value for shares issued to employees an asset based valuation method was utilized. The following inputs were utilized; specifically Enterprise Value (Assets Less Cash and Cash Equivalents plus Fair Value of Debt). The following inputs were utilized:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt">200 Shares of the Company&#8217;s Series AA Preferred Stock issued September 15, 2017&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="background-color: silver"> <td style="width: 72%"><font style="font-size: 10pt">Fair Value of&#160;&#160;Intellectual Property as of September 15, 2017</font></td> <td style="width: 10%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 16%; text-align: right"><font style="font-size: 10pt">1145</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="background-color: white"> <td><font style="font-size: 10pt">Notes Payable as of September 15, 2017</font></td> <td>&#160;</td> <td><font style="font-size: 10pt">$</font></td> <td style="text-align: right"><font style="font-size: 10pt">216,941</font></td> <td>&#160;</td></tr> <tr style="background-color: silver"> <td><font style="font-size: 10pt">Accrued Expenses as of September 15, 2017</font></td> <td>&#160;</td> <td><font style="font-size: 10pt">$</font></td> <td style="text-align: right"><font style="font-size: 10pt">6,848</font></td> <td>&#160;</td></tr> <tr style="background-color: white"> <td><font style="font-size: 10pt">Enterprise Value</font></td> <td>&#160;</td> <td><font style="font-size: 10pt">$</font></td> <td style="text-align: right"><font style="font-size: 10pt">224,934</font></td> <td>&#160;</td></tr> <tr style="background-color: silver"> <td><font style="font-size: 10pt">Per Share Portion of Enterprise Value attributable to Shareholders</font></td> <td>&#160;</td> <td><font style="font-size: 10pt">$</font></td> <td style="text-align: right"><font style="font-size: 10pt">0.018</font></td> <td>&#160;</td></tr> </table> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 33%">&#160;</td> <td style="width: 34%; text-align: center"><font style="font-size: 10pt">27</font></td> <td style="width: 33%; text-align: right">&#160;</td></tr> </table> <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; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">K. CONCENTRATION OF CREDIT RISK</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">As of June 30, 2018 the Company held $370,313 in one depository institution. The standard deposit insurance coverage limit is $250,000 per depositor, per FDIC-insured bank, per ownership category. Any and all amounts above the insured limit is at risk of loss.</p> <p style="margin: 0pt"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">A. BASIS OF ACCOUNTING</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The financial statements have been prepared using the basis of accounting generally accepted in the United States of America. Under this basis of accounting, revenues are recorded as earned and expenses are recorded at the time liabilities are incurred. The Company has adopted a June 30year-end.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">B. USE OF ESTIMATES</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">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. Actual results could differ from those estimates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">C. CASH EQUIVALENTS</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The Company considers all highly liquid investments with a maturity of three months or less when purchased to be cash equivalents.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">D. PROPERTY AND EQUIPMENT</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">Property and equipment are recorded at cost. Maintenance and repairs are expensed in the year in which they are incurred. Expenditures that enhance the value of property and equipment are capitalized.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">E. FAIR VALUE OF FINANCIAL INSTRUMENTS</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">Fair value is the price that would be received for an asset or the exit price that would be paid to transfer a liability in the principal or most advantageous market in an orderly transaction between market participants on the measurement date. &#160;A fair value hierarchy requires an entity to maximize the use of observable inputs, where available. The following summarizes the three levels of inputs required by the standard that the Company uses to measure fair value:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">Level 1: &#160;Quoted prices in active markets for identical assets or liabilities</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">Level 2: &#160;Observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the related assets or liabilities.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">Level 3: &#160;Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">F. INCOME TAXES</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The Company accounts for income taxes using the liability method prescribed by ASC 740, &#8220;Income Taxes.&#8221; Under this method, deferred tax assets and liabilities are determined based on the difference between the financial reporting and tax bases of assets and liabilities using enacted tax rates that will be in effect in the year in which the differences are expected to reverse. The Company records a valuation allowance to offset deferred tax assets if based on the weight of available evidence, it is more-likely-than-not that some portion, or all, of the deferred tax assets will not be realized. The effect on deferred taxes of a change in tax rates is recognized as income or loss in the period that includes the enactment date.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The Company applied the provisions of ASC 740-10-50, &#8220;Accounting For Uncertainty In Income Taxes&#8221;, which provides clarification related to the process associated with accounting for uncertain tax positions recognized in our financial statements. Audit periods remain open for review until the statute of limitations has passed. The completion of review or the expiration of the statute of limitations for a given audit period could result in an adjustment to the Company&#8217;s liability for income taxes. Any such adjustment could be material to the Company&#8217;s results of operations for any given quarterly or annual period based, in part, upon the results of operations for the given period. As of June 30, 2018 the Company had no uncertain tax positions, and will continue to evaluate for uncertain positions in the future.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The Company generated a deferred tax credit through net operating loss carry forward. &#160;However, a valuation allowance of 100% has been established.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">Interest and penalties on tax deficiencies recognized in accordance with ACS accounting standards are classified as income taxes in accordance with ASC Topic 740-10-50-19.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">G. &#160;BASIC EARNINGS (LOSS) PER SHARE</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The Financial Accounting Standards Board (FASB) issued Accounting Standards Codification (ASC) 260, &#34;Earnings Per Share&#34;, which specifies the computation, presentation and disclosure requirements for earnings (loss) per share for entities with publicly held common stock. ASC 260 requires the presentation of basic earnings (loss) per share and diluted earnings (loss) per share. The Company has adopted the provisions of ASC 260 effective from inception.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">Basic net loss per share amounts is computed by dividing the net income by the weighted average number of common shares outstanding.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">H. ADVERTISING</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">Costs associated with advertising are charged to expense as incurred. Advertising expenses were $0 for the years ended June 30, 2018 and June 30, 2017.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">I. RESEARCH AND DEVELOPMENT COSTS</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">Research and development expenses relate primarily to the cost of discovery and research programs. Research and development costs are charged to expense as incurred. Research and development expenses consist mainly of License Fees paid to Regen Biopharma, Inc, fees paid to Contract Research Organizations (&#8220;CRO&#8221;) conducting studies on the Company&#8217;s behalf, and fees paid to consultants conducting research studies.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">License Fees paid to Regen Biopharma, Inc. are accrued over the course of the reporting period. The Companies make payments to CROs based on agreed-upon terms and the Company generally accrues expenses based on services performed or over the term of the agreement, as applicable.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">J. STOCK BASED COMPENSATION</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">Stock issued for Non-Employee Services</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">Stock Based compensation to non-employees is accounted for in accordance with ASC 505-50. ASC 505-50 requires entities to account for non-employee equity transactions based on either the fair value of the services received or the fair value of the equity instrument issued utilizing whichever measurement is most reliable. Stock issued for compensation to non employees during the quarter ended September 30, 2017 were accounted for at the fair value of the equity instruments issued as there were no dollar amounts billed to the Company for services rendered by the non employees .</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">In determining the Fair Value of shares issued as compensation, the Company took into account factors including the financial condition of the Company at the time of grant , the Company&#8217;s lack of profitability, the frequency and amount of cash sales of the Company&#8217;s stock, and the Company&#8217;s negative working capital as of the time of grant.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; background-color: white">Pursuant to ASC 505-50-30-11 an issuer shall measure the fair value of the equity instruments in these transactions using the stock price and other measurement assumptions as of the earlier of the following dates, referred to as the measurement date:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; background-color: white">i. &#160;&#160;&#160;&#160;&#160;&#160;&#160;The date at which a commitment for performance by the counterparty to earn the equity instruments is reached (a performance commitment); and</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">ii. &#160;&#160;&#160;&#160;&#160;&#160;&#160;The date at which the counterparty&#8217;s performance is complete.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The Company has assessed that the date of issuance of the stock grant constituted commitment for performance therefore stock grants to nonemployees issued during the period were measured as of the issue date.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The following Summarizes the Company&#8217;s issuance of stock for nonemployee services for the quarter ended September 30, 2017:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#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 style="text-align: center"><font style="font-size: 10pt"><b>Series M Preferred&#160;&#160;Shares</b></font></td> <td>&#160;</td> <td colspan="3" style="text-align: right">&#160;</td> <td>&#160;</td> <td colspan="3" style="text-align: right">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center">&#160;</td> <td>&#160;</td> <td colspan="3" style="text-align: center"><font style="font-size: 10pt"><b>Number of Shares</b></font></td> <td>&#160;</td> <td colspan="3" style="text-align: center"><font style="font-size: 10pt"><b>Weighted Average Fair Value</b></font></td></tr> <tr style="vertical-align: bottom"> <td><font style="font-size: 10pt"><b>Balance July 1, 2016</b></font></td> <td>&#160;</td> <td colspan="3" style="text-align: right">&#160;</td> <td>&#160;</td> <td colspan="3" style="text-align: right">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="width: 58%"><font style="font-size: 10pt">Unvested Shares</font></td> <td style="width: 8%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 11%; text-align: right"><font style="font-size: 10pt">0</font></td> <td style="width: 1%">&#160;</td> <td style="width: 8%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 11%; text-align: right">&#160;</td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Vested Shares</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">6,000,000</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">600</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt"><b>Total July 1, 2017</b></font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt"><b>6,000,000</b></font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">600</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Shares Issued Vested</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">1,500,000</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">150</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt"><b>Balance June 30, 2018</b></font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt"><b>7,500,000</b></font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt"><b>750</b></font></td> <td>&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr> <td style="text-align: center"><font style="font-size: 10pt"><b>Common Shares</b></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="background-color: white"> <td style="text-align: center">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="vertical-align: bottom; text-align: center"><font style="font-size: 10pt"><b>Number of Shares</b></font></td> <td style="vertical-align: bottom; text-align: center">&#160;</td> <td style="vertical-align: bottom; text-align: center">&#160;</td> <td style="vertical-align: bottom; text-align: center">&#160;</td> <td style="vertical-align: bottom; text-align: center"><font style="font-size: 10pt"><b>Weighted Average Fair Value</b></font></td> <td>&#160;</td></tr> <tr style="background-color: silver"> <td><font style="font-size: 10pt"><b>Balance July 1, 2016</b></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="background-color: white"> <td style="width: 58%"><font style="font-size: 10pt">Unvested Shares</font></td> <td style="width: 8%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 11%; text-align: right"><font style="font-size: 10pt">0</font></td> <td style="width: 1%">&#160;</td> <td style="width: 8%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 11%; text-align: right">&#160;</td> <td style="width: 1%">&#160;</td></tr> <tr style="background-color: silver"> <td><font style="font-size: 10pt">Vested Shares</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">0</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="background-color: white"> <td><font style="font-size: 10pt"><b>Total July 1, 2017</b></font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt"><b>0</b></font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="background-color: silver"> <td><font style="font-size: 10pt">Shares Issued Vested</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">500,000</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">50</font></td> <td>&#160;</td></tr> <tr style="background-color: white"> <td><font style="font-size: 10pt"><b>Balance June &#160;30, 2018</b></font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt"><b>&#160;500,000</b></font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt"><b>50</b></font></td> <td>&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">In determining Fair Value for shares issued to nonemployees an asset based valuation method was utilized , specifically Enterprise Value(Assets Less Cash and Cash Equivalents plus Fair Value of Debt) less Fair Value of Debt. The following inputs were utilized.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">K. CONCENTRATION OF CREDIT RISK</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">As of June 30, 2018 the Company held $370,313 in one depository institution. The standard deposit insurance coverage limit is $250,000 per depositor, per FDIC-insured bank, per ownership category. Any and all amounts above the insured limit is at risk of loss.</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 style="text-align: center"><font style="font-size: 10pt"><b>Series M Preferred&#160;&#160;Shares</b></font></td> <td>&#160;</td> <td colspan="3" style="text-align: right">&#160;</td> <td>&#160;</td> <td colspan="3" style="text-align: right">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center">&#160;</td> <td>&#160;</td> <td colspan="3" style="text-align: center"><font style="font-size: 10pt"><b>Number of Shares</b></font></td> <td>&#160;</td> <td colspan="3" style="text-align: center"><font style="font-size: 10pt"><b>Weighted Average Fair Value</b></font></td></tr> <tr style="vertical-align: bottom"> <td><font style="font-size: 10pt"><b>Balance July 1, 2016</b></font></td> <td>&#160;</td> <td colspan="3" style="text-align: right">&#160;</td> <td>&#160;</td> <td colspan="3" style="text-align: right">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="width: 58%"><font style="font-size: 10pt">Unvested Shares</font></td> <td style="width: 8%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 11%; text-align: right"><font style="font-size: 10pt">0</font></td> <td style="width: 1%">&#160;</td> <td style="width: 8%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 11%; text-align: right">&#160;</td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Vested Shares</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">6,000,000</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">600</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt"><b>Total July 1, 2017</b></font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt"><b>6,000,000</b></font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">600</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Shares Issued Vested</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">1,500,000</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">150</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt"><b>Balance June 30, 2018</b></font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt"><b>7,500,000</b></font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt"><b>750</b></font></td> <td>&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr> <td style="text-align: center"><font style="font-size: 10pt"><b>Common Shares</b></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="background-color: white"> <td style="text-align: center">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="vertical-align: bottom; text-align: center"><font style="font-size: 10pt"><b>Number of Shares</b></font></td> <td style="vertical-align: bottom; text-align: center">&#160;</td> <td style="vertical-align: bottom; text-align: center">&#160;</td> <td style="vertical-align: bottom; text-align: center">&#160;</td> <td style="vertical-align: bottom; text-align: center"><font style="font-size: 10pt"><b>Weighted Average Fair Value</b></font></td> <td>&#160;</td></tr> <tr style="background-color: silver"> <td><font style="font-size: 10pt"><b>Balance July 1, 2016</b></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="background-color: white"> <td style="width: 58%"><font style="font-size: 10pt">Unvested Shares</font></td> <td style="width: 8%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 11%; text-align: right"><font style="font-size: 10pt">0</font></td> <td style="width: 1%">&#160;</td> <td style="width: 8%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 11%; text-align: right">&#160;</td> <td style="width: 1%">&#160;</td></tr> <tr style="background-color: silver"> <td><font style="font-size: 10pt">Vested Shares</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">0</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="background-color: white"> <td><font style="font-size: 10pt"><b>Total July 1, 2017</b></font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt"><b>0</b></font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="background-color: silver"> <td><font style="font-size: 10pt">Shares Issued Vested</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">500,000</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">50</font></td> <td>&#160;</td></tr> <tr style="background-color: white"> <td><font style="font-size: 10pt"><b>Balance June &#160;30, 2018</b></font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt"><b>&#160;500,000</b></font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt"><b>50</b></font></td> <td>&#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; background-color: silver"> <td style="width: 71%"><font style="font-size: 10pt">Fair Value of&#160;&#160;Intellectual Property as of July 10, 2017</font></td> <td style="width: 10%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 17%; text-align: right"><font style="font-size: 10pt">1145</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Notes Payable as of July 10, 2017</font></td> <td>&#160;</td> <td><font style="font-size: 10pt">$</font></td> <td style="text-align: right"><font style="font-size: 10pt">119.089</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Accrued Expenses as of July 10, 2017</font></td> <td>&#160;</td> <td><font style="font-size: 10pt">$</font></td> <td style="text-align: right"><font style="font-size: 10pt">106,499</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Enterprise Value as of July 10, 2017 (subtotal)</font></td> <td>&#160;</td> <td><font style="font-size: 10pt">$</font></td> <td style="text-align: right"><font style="font-size: 10pt">226,733</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Less Total Debt:</font></td> <td>&#160;</td> <td><font style="font-size: 10pt">$</font></td> <td style="text-align: right"><font style="font-size: 10pt">(225,588</font></td> <td><font style="font-size: 10pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Portion of Enterprise Value attributable to Shareholders:</font></td> <td>&#160;</td> <td><font style="font-size: 10pt">$</font></td> <td style="text-align: right"><font style="font-size: 10pt">1,145</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Per Shares Portion of Enterprise Value attributable to Shareholders</font></td> <td>&#160;</td> <td><font style="font-size: 10pt">$</font></td> <td style="text-align: right"><font style="font-size: 10pt">0.000102</font></td> <td>&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">1,400,000 of the Series M Preferred Shares of the Company issued August 21, 2017</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#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; background-color: silver"> <td style="width: 71%"><font style="font-size: 10pt">Fair Value of&#160;&#160;Intellectual Property as of August 21, 2017</font></td> <td style="width: 10%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 17%; text-align: right"><font style="font-size: 10pt">1145</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Notes Payable as of August 21, 2017</font></td> <td>&#160;</td> <td><font style="font-size: 10pt">$</font></td> <td style="text-align: right"><font style="font-size: 10pt">221,941</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Accrued Expenses as of August 21, 2017</font></td> <td>&#160;</td> <td><font style="font-size: 10pt">$</font></td> <td style="text-align: right"><font style="font-size: 10pt">5,349</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Enterprise Value as of August 21, 2017(subtotal)</font></td> <td>&#160;</td> <td><font style="font-size: 10pt">$</font></td> <td style="text-align: right"><font style="font-size: 10pt">228,435</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Less Total Debt</font></td> <td>&#160;</td> <td><font style="font-size: 10pt">$</font></td> <td style="text-align: right"><font style="font-size: 10pt">(227,290</font></td> <td><font style="font-size: 10pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Portion of Enterprise Value attributable to Shareholders :</font></td> <td>&#160;</td> <td><font style="font-size: 10pt">$</font></td> <td style="text-align: right"><font style="font-size: 10pt">1,145</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Per Share Portion of Enterprise Value attributable to Shareholders</font></td> <td>&#160;</td> <td><font style="font-size: 10pt">$</font></td> <td style="text-align: right"><font style="font-size: 10pt">0.00009</font></td> <td>&#160;</td></tr> </table> <table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr> <td style="text-align: center"><font style="font-size: 10pt"><b>Series AA Preferred&#160;&#160;Shares</b></font></td> <td colspan="7" style="text-align: center">&#160;</td></tr> <tr style="background-color: white"> <td style="width: 65%; text-align: center">&#160;</td> <td style="width: 1%; text-align: center">&#160;</td> <td style="vertical-align: bottom; width: 13%; text-align: center"><font style="font-size: 10pt"><b>Number of Shares</b></font></td> <td style="vertical-align: bottom; width: 1%; text-align: center">&#160;</td> <td style="vertical-align: bottom; width: 8%; text-align: center">&#160;</td> <td style="vertical-align: bottom; width: 1%; text-align: center">&#160;</td> <td style="vertical-align: bottom; width: 10%; text-align: center"><font style="font-size: 10pt"><b>Weighted Average Fair Value</b></font></td> <td style="width: 1%; text-align: center">&#160;</td></tr> <tr style="background-color: silver"> <td><font style="font-size: 10pt"><b>Balance July 1, 2016</b></font></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="background-color: white"> <td><font style="font-size: 10pt">Unvested Shares</font></td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt"><b>0</b></font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="background-color: silver"> <td><font style="font-size: 10pt">Vested Shares</font></td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt"><b>0</b></font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="background-color: white"> <td><font style="font-size: 10pt"><b>Total July 1, 2017</b></font></td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt"><b>0</b></font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="background-color: silver"> <td><font style="font-size: 10pt">Vested Shares Issued</font></td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">200</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">3.6.</font></td> <td>&#160;</td></tr> <tr style="background-color: white"> <td><font style="font-size: 10pt"><b>Balance 6/30/2018</b></font></td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt"><b>200</b></font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt"><b>3.6</b></font></td> <td>&#160;</td></tr> </table> <table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="background-color: silver"> <td style="width: 72%"><font style="font-size: 10pt">Fair Value of&#160;&#160;Intellectual Property as of September 15, 2017</font></td> <td style="width: 10%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 16%; text-align: right"><font style="font-size: 10pt">1145</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="background-color: white"> <td><font style="font-size: 10pt">Notes Payable as of September 15, 2017</font></td> <td>&#160;</td> <td><font style="font-size: 10pt">$</font></td> <td style="text-align: right"><font style="font-size: 10pt">216,941</font></td> <td>&#160;</td></tr> <tr style="background-color: silver"> <td><font style="font-size: 10pt">Accrued Expenses as of September 15, 2017</font></td> <td>&#160;</td> <td><font style="font-size: 10pt">$</font></td> <td style="text-align: right"><font style="font-size: 10pt">6,848</font></td> <td>&#160;</td></tr> <tr style="background-color: white"> <td><font style="font-size: 10pt">Enterprise Value</font></td> <td>&#160;</td> <td><font style="font-size: 10pt">$</font></td> <td style="text-align: right"><font style="font-size: 10pt">224,934</font></td> <td>&#160;</td></tr> <tr style="background-color: silver"> <td><font style="font-size: 10pt">Per Share Portion of Enterprise Value attributable to Shareholders</font></td> <td>&#160;</td> <td><font style="font-size: 10pt">$</font></td> <td style="text-align: right"><font style="font-size: 10pt">0.018</font></td> <td>&#160;</td></tr> </table> 0 0 0 0 0 500000 7500000 1500000 0 0 6000000 200 50 750 150 600 4 1145 1145 1145 119089 221941 216941 106499 5349 6848 226733 228435 224934 225588 227290 1145 1145 0.000102 0.00009 0.018 0 0 500000 1400000 200 102852 3000000 5000000 500000 500000 900000 100000 150000 100000 500000 50000 500000 50000 250000 275000 100000 50000 <p style="margin: 0pt"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><b>NOTE 2</b>&#160;.&#160;&#160;<b>RECENT ACCOUNTING PRONOUNCEMENTS</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">June 2014, the Financial Accounting Standards Board issued Accounting Standards Update No. 2014-10, which eliminated certain financial reporting requirements of companies previously identified as &#34;Development Stage Entities&#34; (Topic 915). The amendments in this ASU simplify accounting guidance by removing all incremental financial reporting requirements for development stage entities. The amendments also reduce data maintenance and, for those entities subject to audit, audit costs by eliminating the requirement for development stage entities to present inception-to-date information in the statements of income, cash flows, and shareholder equity. Early application of each of the amendments is permitted for any annual reporting period or interim period for which the entity's financial statements have not yet been issued (public business entities) or made available for issuance (other entities). Upon adoption, entities will no longer present or disclose any information required by Topic 915. The Company has adopted this standard.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The following accounting standards updates were recently issued and have not yet been adopted by the Company. These standards are currently under review to determine their impact on the Company&#8217;s consolidated financial position, results of operations, or cash flows.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify">In May 2014, FASB issued Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers. The revenue recognition standard affects all entities that have contracts with customers, except for certain items. The new revenue recognition standard eliminates the transaction-and industry-specific revenue recognition guidance under current GAAP and replaces it with a principle-based approach for determining revenue recognition. Public entities are required to adopt the revenue recognition standard for reporting periods beginning after December 15, 2016, and interim and annual reporting periods thereafter. Early adoption is not permitted for public entities. The Company has reviewed the applicable ASU and has not, at the current time, quantified the effects of this pronouncement, however it believes that there will be no material effect on the consolidated financial statements.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify">In June 2014, FASB issued Accounting Standards Update (ASU) No. 2014-12 Compensation &#8212; Stock Compensation (Topic 718), Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period. A performance target in a share-based payment that affects vesting and that could be achieved after the requisite service period should be accounted for as a performance condition under Accounting Standards Codification (ASC) 718, Compensation &#8212; Stock Compensation. As a result, the target is not reflected in the estimation of the award's grant date fair value. Compensation cost would be recognized over the required service period, if it is probable that the performance condition will be achieved. The guidance is effective for annual periods beginning after 15 December 2015 and interim periods within those annual periods. Early adoption is permitted. The Company has reviewed the applicable ASU and has not, at the current time, quantified the effects of this pronouncement, however it believes that there will be no material effect on the consolidated financial statements.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">In August 2014, FASB issued Accounting Standards Update (ASU) No. 2014-15 Preparation of Financial Statements &#8211; Going Concern (Subtopic 205-40), Disclosure of Uncertainties about an Entity's Ability to Continue as a Going Concern. Under generally accepted accounting principles (GAAP), continuation of a reporting entity as a going concern is presumed as the basis for preparing financial statements unless and until the entity's liquidation becomes imminent. Preparation of financial statements under this presumption is commonly referred to as the going concern basis of accounting. If and when an entity's liquidation becomes imminent, financial statements should be prepared under the liquidation basis of accounting in accordance with Subtopic 205-30, Presentation of Financial Statements&#8212;Liquidation Basis of Accounting. Even when an entity's liquidation is not imminent, there may be conditions or events that raise substantial doubt about the entity's ability to continue as a going concern. In those situations, financial statements should continue to be prepared under the going concern basis of accounting, but the amendments in this Update should be followed to determine whether to disclose information about the relevant conditions and events. The amendments in this Update are effective for the annual period ending after December 15, 2016, and for annual periods and interim periods thereafter. Early application is permitted. The Company will evaluate the going concern considerations in this ASU, however, at the current period, management does not believe that it has met the conditions which would subject these financial statements for additional disclosure.</p> <p style="margin: 0pt"></p> <p style="margin: 0pt"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><b>NOTE 3. GOING CONCERN</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. The Company generated net losses of $ 2,763,302 during the period from June 18, 2015 (inception) through June 30, 2018. This condition raises substantial doubt about the Company's ability to continue as a going concern. The Company's continuation as a going concern is dependent on its ability to meet its obligations, to obtain additional financing as may be required and ultimately to attain profitability. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">Management plans to raise additional funds by offering securities for cash. Management has yet to decide what type of offering the Company will use or how much capital the Company will raise. There is no guarantee that the Company will be able to raise any capital through any type of offerings. During the year ended June 30, 2018 the Company raised $1,500,000 through the sale of equity securities for cash.</p> <p style="margin: 0pt"></p> 1500000 <p style="margin: 0pt"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><b>NOTE 4. INCOME TAXES</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><b>As of June 30, 2018</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="text-align: justify"><font style="font-size: 10pt">Deferred tax assets:</font></td> <td>&#160;</td> <td colspan="3" style="text-align: center">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="width: 71%; text-align: justify"><font style="font-size: 10pt">Net operating tax carry forwards</font></td> <td style="width: 10%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 17%; text-align: right"><font style="font-size: 10pt">580,293</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-bottom: 1pt; text-align: justify"><font style="font-size: 10pt">Other</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">-0-</font></td> <td style="padding-bottom: 1pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="text-align: justify"><font style="font-size: 10pt">Gross deferred tax assets</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">580,293</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-bottom: 1pt; text-align: justify"><font style="font-size: 10pt">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">(580,293</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: 1pt; text-align: justify"><font style="font-size: 10pt">Net deferred tax assets</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">-0-</font></td> <td style="padding-bottom: 1pt">&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">As of June 30, 2018 the Company has a Deferred Tax Asset of $580,293 completely attributable to net operating loss carry forwards of approximately $2,763,302&#160;&#160;&#160;(which expire 20 years from the date the loss was incurred).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">Realization of deferred tax assets is dependent upon sufficient future taxable income during the period that deductible temporary differences and carry forwards are expected to be available to reduce taxable income. The achievement of required future taxable income is uncertain.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">In addition, if as a result of a stock transfer or a reorganization, a corporation undergoes an &#8220;ownership change,&#8221; Code Section 382 limits the corporation&#8217;s right to use its NOLs each year thereafter to an annual percentage of the fair market value of the corporation at the time of the ownership change (the &#8220;Section 382 Limitation&#8221;).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">A corporation is considered to undergo &#8220;an ownership change&#8221; if, as a result of changes in the stock ownership by &#8220;5-percent shareholders&#8221; or as a result of certain reorganizations, the percentage of the corporation&#8217;s stock owned by those 5-percent shareholders increases by more than 50 percentage points over the lowest percentage of stock owned by those shareholders at any time during the prior three-year testing period. Five-percent shareholders are persons who hold 5% or more of the stock of a corporation at any time during the testing period as well as certain groups of shareholders (based typically on whether they acquired their shares in a single offering or exchange transaction) who are not individually 5-percent shareholders.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">As the Company will require cash infusions in order to implement its business plan, and as it is probable, although not guaranteed, that such funding needs may be met through the sale of equity securities to &#8220;5-percent shareholders&#8221;, the Company recognized a valuation allowance equal to the deferred Tax Asset and the Company recorded a valuation allowance reducing all deferred tax assets to 0.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">Income tax is calculated at the 21% Federal Corporate Rate.</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 style="vertical-align: bottom"> <td style="text-align: justify"><font style="font-size: 10pt">Deferred tax assets:</font></td> <td>&#160;</td> <td colspan="3" style="text-align: center">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="width: 71%; text-align: justify"><font style="font-size: 10pt">Net operating tax carry forwards</font></td> <td style="width: 10%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 17%; text-align: right"><font style="font-size: 10pt">580,293</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-bottom: 1pt; text-align: justify"><font style="font-size: 10pt">Other</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">-0-</font></td> <td style="padding-bottom: 1pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="text-align: justify"><font style="font-size: 10pt">Gross deferred tax assets</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">580,293</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-bottom: 1pt; text-align: justify"><font style="font-size: 10pt">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">(580,293</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: 1pt; text-align: justify"><font style="font-size: 10pt">Net deferred tax assets</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">-0-</font></td> <td style="padding-bottom: 1pt">&#160;</td></tr> </table> 580293 0 580293 580293 0 2763302 0.21 <p style="margin: 0pt"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify"><b>NOTE 5. RELATED PARTY TRANSACTIONS</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify">The Company utilizes approximately 2,300 square feet of office space at 4700 Spring Street, Suite 304, La Mesa California, 91941provided to the Company by Entest Group, Inc. on a month to month basis free of charge. The Chief Executive Officer of Entest Group Inc. is David R. Koos who also serves as the Chief Executive Officer of the Company.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify">As of June 30, 2018 the Company has received capital contributions from Entest Group, Inc. totaling $413,878</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">On June 23, 2015 Regen Biopharma, Inc. ( &#8220;Regen&#8221;) entered into an agreement (&#8220;Agreement&#8221;) with The Company whereby Regen granted to The Company an exclusive worldwide right and license for the development and commercialization of certain intellectual property controlled by Regen (&#8220; License IP&#8221;) for non-human veterinary therapeutic use for a term of fifteen years.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 20pt">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">Pursuant to the Agreement, The Company shall pay to Regen one-time, non-refundable, upfront payment of one hundred thousand US dollars ($100,000) as a license initiation fee which must be paid within 90 days of June 23, 2015 and an annual non-refundable payment of one hundred thousand US dollars ($100,000) on July 15th, 2016 and each subsequent anniversary of the effective date of the Agreement</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 20pt">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The abovementioned payments may be made, at The Company&#8217;s discretion, in cash or newly issued common stock of The Company or in common stock of Entest Group Inc. valued as of the lowest closing price on the principal exchange upon which said common stock trades publicly within the 14 trading days prior to issuance.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 20pt">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">Pursuant to the Agreement, The Company shall pay to Regen royalties equal to four percent (4%) of the Net Sales , as such term is defined in the Agreement, of any Licensed Products, as such term is defined in the Agreement, in a</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; background-color: white">Pursuant to the Agreement, The Company will pay Regen ten percent (10%) of all consideration (in the case of in-kind consideration, at fair market value as monetary consideration) received by The Company from sublicensees ( excluding royalties from sublicensees based on Net Sales of any Licensed Products for which Regen receives payment pursuant to the terms and conditions of the Agreement).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 20pt">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The Company is obligated pay to Regen minimum annual royalties of ten thousand US dollars ($10,000) payable per year on each anniversary of the Effective Date of this Agreement, commencing on the second anniversary of June 23, 2015. This minimum annual royalty is only payable to the extent that royalty payments made during the preceding 12-month period do not exceed ten thousand US dollars ($10,000).</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; background-color: white">The Agreement may be terminated by Regen:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">If The Company has not sold any Licensed Product by ten years of the effective date of the Agreement or The Company has not sold any Licensed Product for any twelve (12) month period after The Company&#8217;s first commercial sale of a Licensed Product.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The Agreement may be terminated by The Company with regard to any of the License IP if by five years from the date of execution of the Agreement a patent has not been granted by the United States patent and Trademark Office to Regen with regard to that License IP.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The Agreement may be terminated by The Company with regard to any of the License IP if a patent that has been granted by the United States patent and Trademark Office to Regen with regard to that License IP is terminated.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The Agreement may be terminated by either party in the event of a material breach by the other party.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The Chairman and Chief Executive Officer of Regen is David R. Koos who also serves as the Chairman and Chief Executive Officer of the Company.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The President of Regen is Harry Lander who also serves as President of the Company.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The Chief Financial Officer of Regen is Todd Caven who also serves as Chief Financial Officer of the Company.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">On July 24, 2017 Entest Group, Inc. issued 102,852 of its Non Voting Convertible Preferred Stock to Regen in satisfaction of $102,852 of liabilities incurred pursuant to the Agreement.</p> <table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 33%; font: 12pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 34%; font: 12pt Times New Roman, Times, Serif; text-align: center"><font style="font-size: 10pt">30</font></td> <td style="width: 33%; font: 12pt Times New Roman, Times, Serif; text-align: right">&#160;</td></tr> </table> <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; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">During the quarter ended December 31, 2017 the Company paid $58,000 to Regen, such amounts to be applied toward minimum royalties which become due and payable pursuant to the Agreement.&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">During the quarter ended March 31, 2018 the Company paid $20,000 to Regen, such amounts to be applied toward minimum royalties which become due and payable pursuant to the Agreement.&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">On February 7, 2018 Regen and Zander agreed to a 10% reduction of Zander&#8217;s June 2018 Annual Anniversary Fee obligation if Zander pays such fee on or before February 10, 2018. $90,000 was paid by Zander in satisfaction of the June 2018 Annual Anniversary Fee during the quarter ended March 31, 2018.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">On March 1, 2017 the Company issued 3,000,000 common shares to Entest Group, Inc. Consideration rendered to the Company by Entest Group, Inc. consisted of payment by Entest Group, Inc. on behalf of the Company of a license initiation fee of $100,000 owed by the Company to Regen and incorporation costs of $1,115 borne by Entest Group, Inc. on behalf of the Company .&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">On June 15, 2017 the Company issued 5,000,000 Series M Preferred Shares to Entest Group, Inc. in consideration of services rendered.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">On June 15, 2017 the Company issued 500,000 Series M Preferred Shares to David Koos in consideration of services rendered.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">On June 15, 2017 the Company issued 500,000 Series M Preferred Shares to Todd Caven in consideration of services rendered.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">During the year ended June 30, 2017 the Company made principal payments of $69,000 to Entest Group Inc on Notes Payable. During the quarter ended September 30, 2017 the Company made principal payments of $23,000 to Entest Group, Inc.During the quarter ended December 31, 2017 the Company made principal payments of $97,500 to Entest Group, Inc. During the quarter ended March 31, 2018 the Company made principal payments of $90,000 to Entest Group, Inc. During the quarter ended June 30, 2018 the Company made principal payments of $11,441 and interest payments of $12,642 to Entest Group, Inc.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">During the quarter ended June 30, 2018 the Company transferred funds totaling $35,000 to Entest Group Inc. in anticipation of entering into an agreement to purchase 3,500,000 of the Series A Preferred shares of Regen Biopharma, Inc. owned by Entest Group, Inc.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The Company has recognized $36,792 of rental expenses for the year ended June 30, 2018. This expense is equal to 100% of the rent paid by Entest Group, Inc. for space occupied by the Company. The Company estimates that the cost that would have been incurred if the Company had operated as an unaffiliated entity during the period would have been identical.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The Company has recognized $68,600 of General and Administrative expenses paid by a related party during the year ended June 30, 2018. This expense is equal to 60% of the salary expense incurred by Entest Group, Inc. for the salary of David R. Koos, the Company&#8217;s Chief Executive Officer. It is estimated by the Company that 60% of David Koos&#8217; professional time during the year ended June 30, 2018 was spent on activities which benefitted the Company. The Company estimates that the cost that would have been incurred if the Company had operated as an unaffiliated entity during the period would have been in the range of $68,600 to $114,333.</p> <p style="margin: 0pt"></p> 100000 413878 102852 101115 900000 200000 300000 100000 500000 100000 100000 100000 58000 20000 90000 69000 23000 97500 90000 11441 12642 12642 35000 3500000 36792 68600 <p style="margin: 0pt"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><b>NOTE 6. STOCKHOLDERS' EQUITY</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The stockholders' equity section of the Company contains the following classes of capital stock as June, 2018:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">Common stock, $ 0.0001 par value; 100,000,000 shares authorized: 4,758,001 shares issued and outstanding.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">With respect to each matter submitted to a vote of stockholders of the Corporation, each holder of Common Stock shall be entitled to cast that number of votes which is equivalent to the number of shares of Common Stock owned by such holder times one (1).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">On any voluntary or involuntary liquidation, dissolution or winding up of the Corporation, the holders of the Common Stock shall receive, out of assets legally available for distribution to the Company's stockholders, a ratable share in the assets of the Corporation.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">Preferred Stock, $0.0001 par value, 50,000,000 shares authorized of which</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">(a) 10,000,000 is designated as Series M Preferred Stock: 9,000,000 shares of Series M Preferred Stock are issued and outstanding as of June 30, 2018</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">With respect to each matter submitted to a vote of stockholders of the Corporation, each holder of Series M Preferred Stock shall be entitled to cast that number of votes which is equivalent to the number of shares of Series M Preferred Stock owned by such holder times one (1).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">On any voluntary or involuntary liquidation, dissolution or winding up of the Corporation, the holders of the Series M Preferred Stock shall receive, out of assets legally available for distribution to the Company's stockholders, a ratable share in the assets of the Corporation.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">(b) 1,000,000 is designated as Series AA Preferred Stock: 200 shares of Series AA Preferred Stock are issued and outstanding as of June 30, 2018,</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">With respect to each matter submitted to a vote of stockholders of the Corporation, each holder of Series AA Preferred Stock shall be entitled to cast that number of votes which is equivalent to the number of shares of Series AA Preferred Stock owned by such holder times 10,000 (10,000).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">On any voluntary or involuntary liquidation, dissolution or winding up of the Corporation, the holders of the Series AA Preferred Stock shall receive, out of assets legally available for distribution to the Company's stockholders, a ratable share in the assets of the Corporation.</p> <p style="margin: 0pt"></p> <p style="margin: 0pt"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt"><b>NOTE 7. STOCK TRANSACTIONS</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt">On October 30, Zander issued 900,000 of its common shares for consideration of $900,000</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt">On February 5, 2018, Zander issued 100,000 of its common shares for consideration of $200,000.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt">On February 27, 2018, Zander issued 150,000 of its common shares for consideration of $300,000</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">On July 10, 2017 the Company issued 100,000 of its Series M Shares for Services.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The shares were issued to a member of the Company&#8217;s Scientific Advisory Board pursuant to an agreement entered into by and between the member and the Company on June 20, 2017 which was superseded by an agreement by and between the member and the Company entered into on August 16th 2017 (&#8220;August Member Agreement&#8221;).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">It was agreed by the parties that the 100,000 Series M Shares issued to the member would be considered part of the compensation due pursuant to the August Member Agreement.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">Pursuant to the August Member Agreement:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 0; margin-left: 0; background-color: white">(a) the member shall advise Zander on various nominal matters regarding veterinary. ''Nominal&#34; is defined as periodic conversations in which the member is asked for a referral to an appropriate researcher on a specific topic or input on research data Zander is developing.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">(b) In the event the member is requested to provide research services, such services will be negotiated separately between the member and the Company.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 33%; font: 12pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 34%; font: 12pt Times New Roman, Times, Serif; text-align: center"><font style="font-size: 10pt">32</font></td> <td style="width: 33%; font: 12pt Times New Roman, Times, Serif; text-align: right">&#160;</td></tr> </table> <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; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The term of the August Member Agreement is from August 17, 2017 to August 18, 2018.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The abovementioned 100,000 shares of the Company&#8217;s Series M Preferred stock were issued at Fair Value. None of the abovementioned Shares which were issued as compensation are redeemable by the Company. Fair Value of the abovementioned securities issued as compensation has been determined by the Company utilizing the Company&#8217;s estimation as to an amount at which an asset could be exchanged between knowledgeable and willing parties in an arms length transaction.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">In determining the Fair Value of the abovementioned shares issued as compensation, the Company took into account factors including the financial condition of the Company at the time of grant , the Company&#8217;s lack of profitability, the frequency and amount of cash sales of the Company&#8217;s stock, and the Company&#8217;s negative working capital as of the time of grant. The Company shall recognize an expense of $10 in the relevant accounting period in connection with the abovementioned issuance of 100,000 shares of the Company&#8217;s Series M Preferred stock.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">On July 10, 2017 the Company issued 100,000 common shares to the Chairman of the Company&#8217;s Business Advisory Board for consideration of $100,000.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">On July 10, 2017 the Company issued 500,000 common shares to the Chairman of the Company&#8217;s Business Advisory Board as consideration for services.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The common shares were issued pursuant to the terms and conditions of that agreement (&#8220;Agreement&#8221;) by and between the Company and the Chairman whereby the Chairman shall serve as Chairman of Zander&#8217;s Business Advisory Board.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify">The term of the Agreement shall commence on June 23, 2017 and shall expire on June 23, 2020. The term of the Agreement may be extended by mutual agreement.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify">Pursuant to the Agreement:</p> <table cellspacing="0" cellpadding="0" style="width: 100%"> <tr style="vertical-align: top"> <td style="width: 20px; padding-bottom: 6pt; font: 12pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">(a)</font></td> <td style="width: 7px">&#160;</td> <td style="padding-bottom: 6pt; font: 12pt Times New Roman, Times, Serif; text-align: justify"><font style="font-size: 10pt">The Chairman shall, for so long as he remains a member of the Business Advisory Board, meet with Zander upon written request, at dates and times mutually agreeable to the Chairman and Zander, to discuss any matter involving Zander or its Subsidiaries</font></td></tr> </table> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <table cellspacing="0" cellpadding="0" style="width: 100%"> <tr style="vertical-align: top"> <td style="width: 20px; padding-bottom: 6pt; font: 12pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">(b)</font></td> <td style="width: 7px">&#160;</td> <td style="padding-bottom: 6pt; font: 12pt Times New Roman, Times, Serif; text-align: justify"><font style="font-size: 10pt">Identify and introduce to Zander persons to serve as members of Zander's Business Advisory Board (&#34;Advisory Candidates&#34;).</font></td></tr> </table> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <table cellspacing="0" cellpadding="0" style="width: 100%"> <tr style="vertical-align: top"> <td style="width: 20px; padding-bottom: 6pt; font: 12pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">(c)</font></td> <td style="width: 7px">&#160;</td> <td style="padding-bottom: 6pt; font: 12pt Times New Roman, Times, Serif; text-align: justify"><font style="font-size: 10pt">Identify and introduce to Zander potential purchasers of Zander's securities.</font></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt">Pursuant to the Agreement:</p> <table cellspacing="0" cellpadding="0" style="width: 100%"> <tr style="vertical-align: top"> <td style="width: 20px; padding-bottom: 6pt; font: 12pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">(i)</font></td> <td style="width: 7px">&#160;</td> <td style="padding-bottom: 6pt; font: 12pt Times New Roman, Times, Serif; text-align: justify"><font style="font-size: 10pt">The Chairman received 500,000 of the common shares of Zander.</font></td></tr> </table> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <table cellspacing="0" cellpadding="0" style="width: 100%"> <tr style="vertical-align: top"> <td style="width: 20px; padding-bottom: 6pt; font: 12pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">(ii)</font></td> <td style="width: 7px">&#160;</td> <td style="padding-bottom: 6pt; font: 12pt Times New Roman, Times, Serif; text-align: justify"><font style="font-size: 10pt">In the event that an Advisory Candidate identified and introduced by The Chairman to Zander serves as a member of the Business Advisory Board of Zander, The Chairman shall receive, ten business days subsequent to the completion of 12 months service by the Advisory Candidate as a member of the Business Advisory Board of Zander, a fee paid in the common shares of Zander, equal to 5% of any shares of Zander issued to the Advisory Candidate.</font></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The abovementioned 500,000 shares of the Company&#8217;s common stock were issued at Fair Value. None of the abovementioned Shares which were issued as compensation are redeemable by the Company. Fair Value of the abovementioned securities issued as compensation has been determined by the Company utilizing the Company&#8217;s estimation as to an amount at which an asset could be exchanged between knowledgeable and willing parties in an arms length transaction.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 33%; font: 12pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 34%; font: 12pt Times New Roman, Times, Serif; text-align: center"><font style="font-size: 10pt">33</font></td> <td style="width: 33%; font: 12pt Times New Roman, Times, Serif; text-align: right">&#160;</td></tr> </table> <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; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">In determining the Fair Value of the abovementioned shares issued as compensation, the Company took into account factors including the financial condition of the Company at the time of grant , the Company&#8217;s lack of profitability, the frequency and amount of cash sales of the Company&#8217;s stock, and the Company&#8217;s negative working capital as of the time of grant. The Company shall recognize an expense of $50 in the relevant accounting period in connection with the abovementioned issuance of 500,000 shares of the Company&#8217;s common stock.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">On August 21, 2017 the Company issued 1,400,000 of its Series M Shares for Services:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">400,000 of the abovementioned Series M Preferred shares were issued pursuant to the August Member Agreement previously described.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The abovementioned 400,000 shares of the Company&#8217;s Series M Preferred stock were issued at Fair Value. None of the abovementioned Shares which were issued as compensation are redeemable by the Company. Fair Value of the abovementioned securities issued as compensation has been determined by the Company utilizing the Company&#8217;s estimation as to an amount at which an asset could be exchanged between knowledgeable and willing parties in an arms length transaction.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">In determining the Fair Value of the abovementioned shares issued as compensation, the Company took into account factors including the financial condition of the Company at the time of grant , the Company&#8217;s lack of profitability, the frequency and amount of cash sales of the Company&#8217;s stock, and the Company&#8217;s negative working capital as of the time of grant. The Company shall recognize an expense of $40 in the relevant accounting period in connection with the abovementioned issuance of 400,000 shares of the Company&#8217;s Series M Preferred stock.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">500,000 of the abovementioned Series M Preferred Shares were issued to a member of the Company&#8217;s Scientific Advisory Board pursuant to an agreement entered into by and between the member and the Company on August 7, 2017 (&#8220;Agreement&#8221;).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">Pursuant to the Agreement:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <table cellspacing="0" cellpadding="0" style="width: 100%"> <tr style="vertical-align: top"> <td style="width: 20px; padding-bottom: 6pt; font: 12pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">(a)</font></td> <td style="width: 7px">&#160;</td> <td style="padding-bottom: 6pt; font: 12pt Times New Roman, Times, Serif; text-align: justify"><font style="font-size: 10pt">the member shall advise Zander on various nominal matters regarding veterinary. ''Nominal&#34; is defined as periodic conversations in which the member is asked for a referral to an appropriate researcher on a specific topic or input on research data Zander is developing.</font></td></tr> </table> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <table cellspacing="0" cellpadding="0" style="width: 100%"> <tr style="vertical-align: top"> <td style="width: 20px; padding-bottom: 6pt; font: 12pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">(b)</font></td> <td style="width: 7px">&#160;</td> <td style="padding-bottom: 6pt; font: 12pt Times New Roman, Times, Serif; text-align: justify"><font style="font-size: 10pt">In the event the member is requested to provide research services, such services will be negotiated separately between the member and the Company.</font></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The term of the Agreement is from August 17, 2017 to August 16, 2018</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The abovementioned 500,000 shares of the Company&#8217;s Series M Preferred stock were issued at Fair Value. None of the abovementioned Shares which were issued as compensation are redeemable by the Company. Fair Value of the abovementioned securities issued as compensation has been determined by the Company utilizing the Company&#8217;s estimation as to an amount at which an asset could be exchanged between knowledgeable and willing parties in an arms length transaction.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">In determining the Fair Value of the abovementioned shares issued as compensation, the Company took into account factors including the financial condition of the Company at the time of grant , the Company&#8217;s lack of profitability, the frequency and amount of cash sales of the Company&#8217;s stock, and the Company&#8217;s negative working capital as of the time of grant. The Company shall recognize an expense of $50 in the relevant accounting period in connection with the abovementioned issuance of 500,000 shares of the Company&#8217;s Series M Preferred stock.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">An additional 500,000 of the abovementioned Series M Preferred Shares were issued to a member of the Company&#8217;s Scientific Advisory Board pursuant to an agreement entered into by and between the member and the Company on August 7, 2017 (&#8220;Agreement&#8221;).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 33%; font: 12pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 34%; font: 12pt Times New Roman, Times, Serif; text-align: center"><font style="font-size: 10pt">34</font></td> <td style="width: 33%; font: 12pt Times New Roman, Times, Serif; text-align: right">&#160;</td></tr> </table> <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; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">Pursuant to the Agreement:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <table cellspacing="0" cellpadding="0" style="width: 100%"> <tr style="vertical-align: top"> <td style="width: 20px; padding-bottom: 6pt; font: 12pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">(a)</font></td> <td style="width: 7px">&#160;</td> <td style="padding-bottom: 6pt; font: 12pt Times New Roman, Times, Serif; text-align: justify"><font style="font-size: 10pt">the member shall advise Zander on various nominal matters regarding veterinary. ''Nominal&#34; is defined as periodic conversations in which the member is asked for a referral to an appropriate researcher on a specific topic or input on research data Zander is developing.</font></td></tr> </table> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <table cellspacing="0" cellpadding="0" style="width: 100%"> <tr style="vertical-align: top"> <td style="width: 20px; padding-bottom: 6pt; font: 12pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">(b)</font></td> <td style="width: 7px">&#160;</td> <td style="padding-bottom: 6pt; font: 12pt Times New Roman, Times, Serif; text-align: justify"><font style="font-size: 10pt">In the event the member is requested to provide research services, such services will be negotiated separately between the member and the Company.</font></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The term of the Agreement is from August 17, 2017 to August 16, 2018</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The abovementioned 500,000 shares of the Company&#8217;s Series M Preferred stock were issued at Fair Value. None of the abovementioned Shares which were issued as compensation are redeemable by the Company. Fair Value of the abovementioned securities issued as compensation has been determined by the Company utilizing the Company&#8217;s estimation as to an amount at which an asset could be exchanged between knowledgeable and willing parties in an arms length transaction.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">In determining the Fair Value of the abovementioned shares issued as compensation, the Company took into account factors including the financial condition of the Company at the time of grant , the Company&#8217;s lack of profitability, the frequency and amount of cash sales of the Company&#8217;s stock, and the Company&#8217;s negative working capital as of the time of grant. The Company shall recognize an expense of $50 in the relevant accounting period in connection with the abovementioned issuance of 500,000 shares of the Company&#8217;s Series M Preferred stock.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">On September 15, 2017 the Company issued 200 of the Series AA Preferred Shares of the Company to the Company&#8217;s Chief Executive Officer in consideration of services rendered. The Shares were issued at the direction of the Board of Directors as bonuses to recognize contributions made by the recipient. The abovementioned 200 shares of the Company&#8217;s Series AA Preferred stock were issued at Fair Value. None of the abovementioned Shares which were issued as compensation are redeemable by the Company. Fair Value of the abovementioned securities issued as compensation has been determined by the Company utilizing the Company&#8217;s estimation as to an amount at which an asset could be exchanged between knowledgeable and willing parties in an arms length transaction.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">In determining the Fair Value of the abovementioned shares issued as compensation, the Company took into account factors including the financial condition of the Company at the time of grant , the Company&#8217;s lack of profitability, the frequency and amount of cash sales of the Company&#8217;s stock, and the Company&#8217;s negative working capital as of the time of grant. The Company will recognize a nominal expense in connection with the abovementioned issuance.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">None of the securities issued by the Company which were issued as compensation are redeemable by the Company or the Holder.</p> <p style="margin: 0pt"></p> 50 10 50 <p style="margin: 0pt"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><b>NOTE 8. RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><b>&#160;</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">Subsequent to the original issuance of Zander&#8217;s annual financial statements for the period ended June 30, 2017 the Company determined that the following revisions are required:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The reclassification of 119,089 of Notes Payable as Notes Payable, Related Party</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The reclassification of $107,343 of Accrued Expenses as Accrued Expenses , Related Party</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The accrual of $110,000 of Licensing Fees due to a Related Party correcting an overstatement of total Research and Development Expenses recognized over the period from $224,600 to $124,600</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The reclassification of $2,000 of Research and Development Costs as Consulting Costs</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The reclassification of $12,600 of Research and Development Costs as Contract Research Fees</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The reclassification of $650 of General and Administrative Costs as Stock Payments to Related Party</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The recognition of $72,000 of Salary Expense incurred by Entest Group, Inc. benefitting Zander</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The recognition of $38,502 of Rental Expense incurred by Entest Group, Inc. benefitting Zander</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">Reclassification of decreases in Due to Shareholder in the Statement of Cash Flows as a noncash investing and financing activity</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#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">ZANDER THERAPEUTICS, INC.</font></td> <td>&#160;</td> <td colspan="3">&#160;</td> <td>&#160;</td> <td colspan="3">&#160;</td> <td>&#160;</td> <td colspan="3">&#160;</td></tr> <tr style="vertical-align: bottom"> <td><font style="font-size: 10pt">BALANCE SHEET</font></td> <td>&#160;</td> <td colspan="3">&#160;</td> <td>&#160;</td> <td colspan="3">&#160;</td> <td>&#160;</td> <td colspan="3">&#160;</td></tr> <tr style="vertical-align: bottom"> <td>&#160;</td> <td>&#160;</td> <td colspan="3">&#160;</td> <td>&#160;</td> <td colspan="3">&#160;</td> <td>&#160;</td> <td colspan="3">&#160;</td></tr> <tr style="vertical-align: bottom"> <td>&#160;</td> <td>&#160;</td> <td colspan="3">&#160;</td> <td>&#160;</td> <td colspan="3">&#160;</td> <td>&#160;</td> <td colspan="3">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center">&#160;</td> <td style="padding-bottom: 1pt">&#160;</td> <td colspan="3" style="border-bottom: black 1pt solid"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;As of</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">June 30,</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">2017&#160;</p></td> <td style="padding-bottom: 1pt; text-align: center">&#160;</td> <td colspan="3" style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">Adjustments&#160;</font></td> <td style="padding-bottom: 1pt; text-align: center">&#160;</td> <td colspan="3" style="border-bottom: black 1pt solid"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">As of</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">June 30,</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">2017</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;(as restated)</p></td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">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> <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><font style="font-size: 10pt">CURRENT 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> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="width: 46%"><font style="font-size: 10pt">Cash</font></td> <td style="width: 5%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 11%; text-align: right"><font style="font-size: 10pt">96,005</font></td> <td style="width: 1%">&#160;</td> <td style="width: 5%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 11%; text-align: right">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 5%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 11%; text-align: right"><font style="font-size: 10pt">96,005</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td>&#160;</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> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Total Current Assets</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">96,005</font></td> <td>&#160;</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"><font style="font-size: 10pt">96,005</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td>&#160;</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> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Total Assets</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">96,005</font></td> <td>&#160;</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"><font style="font-size: 10pt">96,005</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">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> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Current 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> <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><font style="font-size: 10pt">Notes Payable</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">119,089</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(119,089</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">0</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Notes Payable, Related Party</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">0</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">119,089</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">119,089</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Accrued Expenses, Related Parties</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">0</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">107,343</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">107,343</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Accrued Expenses</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">105,749</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">104,931</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">818</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Total Liabilities</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">224,838</font></td> <td>&#160;</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"><font style="font-size: 10pt">227,250</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td>&#160;</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> <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><font style="font-size: 10pt">STOCKHOLDER'S EQUITY</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> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Common Stock, Authorized 100,000,000, $0.0001 Par Value</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> <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><font style="font-size: 10pt">3,008,001 shares issued and outstanding as of June 30, 2017</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">301</font></td> <td>&#160;</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"><font style="font-size: 10pt">301</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Preferred Stock, $0.0001 par value&#160;&#160;Authorized&#160;&#160;50,000,000 as of June 30 2017</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> <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><font style="font-size: 10pt">Series M Preferred Stock, $0.0001 par,&#160;&#160;Authorized 10,000,000 as of June 30, 20170 shares and 7,500,000 shares outstanding as of June 30, 2016 and June 30, 2017 Respectively</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">750</font></td> <td>&#160;</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"><font style="font-size: 10pt">750</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Common Stock subscribed for but unissued , 0 and 100,000 shares as of June 30, 2016 and 2017 respectively</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">100,000</font></td> <td>&#160;</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"><font style="font-size: 10pt">100,000</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Additional Paid In Capital</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">120,814</font></td> <td>&#160;</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"><font style="font-size: 10pt">120,814</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Contributed Capital, Related Party</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">905</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">227,782</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">228,687</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Retained Deficit</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(351,603</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(230,193</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(581,796</font></td> <td><font style="font-size: 10pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Total Stockholder's Equity</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(128,833</font></td> <td><font style="font-size: 10pt">)</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"><font style="font-size: 10pt">(131,244</font></td> <td><font style="font-size: 10pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">96,005</font></td> <td>&#160;</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"><font style="font-size: 10pt">96,005</font></td> <td>&#160;</td></tr> </table> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 33%">&#160;</td> <td style="width: 34%; text-align: center"><font style="font-size: 10pt">36</font></td> <td style="width: 33%; text-align: right">&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#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">Zander Therapeutics, Inc</font></td> <td>&#160;</td> <td colspan="3">&#160;</td> <td>&#160;</td> <td colspan="3">&#160;</td> <td>&#160;</td> <td colspan="3">&#160;</td></tr> <tr style="vertical-align: bottom"> <td><font style="font-size: 10pt">STATEMENT OF OPERATIONS</font></td> <td>&#160;</td> <td colspan="3">&#160;</td> <td>&#160;</td> <td colspan="3">&#160;</td> <td>&#160;</td> <td colspan="3">&#160;</td></tr> <tr style="vertical-align: bottom"> <td>&#160;</td> <td>&#160;</td> <td colspan="3">&#160;</td> <td>&#160;</td> <td colspan="3">&#160;</td> <td>&#160;</td> <td colspan="3">&#160;</td></tr> <tr style="vertical-align: bottom"> <td>&#160;</td> <td>&#160;</td> <td colspan="3">&#160;</td> <td>&#160;</td> <td colspan="3">&#160;</td> <td>&#160;</td> <td colspan="3">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center">&#160;</td> <td style="padding-bottom: 1pt">&#160;</td> <td colspan="3" style="border-bottom: black 1pt solid"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Year Ended</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">June 30,</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">2017&#160;</p></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">Adjustments</font></td> <td style="padding-bottom: 1pt">&#160;</td> <td colspan="3" style="border-bottom: black 1pt solid"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Year Ended</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">June 30,</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">2017</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(as restated)&#160;</p></td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="width: 46%"><font style="font-size: 10pt">TOTAL REVENUES</font></td> <td style="width: 5%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 11%; text-align: right"><font style="font-size: 10pt">0</font></td> <td style="width: 1%">&#160;</td> <td style="width: 5%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 11%; text-align: right">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 5%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 11%; text-align: right"><font style="font-size: 10pt">0</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">COSTS AND EXPENSES</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> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Research and Development:</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> <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-left: 10pt"><font style="font-size: 10pt">Research and Development:</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">224,600</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(224,600</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">0</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="padding-left: 10pt"><font style="font-size: 10pt">License Fees Due to Related Party</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"><font style="font-size: 10pt">110,000</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">110,000</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 10pt"><font style="font-size: 10pt">Consulting Costs</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"><font style="font-size: 10pt">2,000</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">2,000</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="padding-left: 10pt"><font style="font-size: 10pt">Contract Research Fees</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"><font style="font-size: 10pt">12,600</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">12,600</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 20pt"><font style="font-size: 10pt">Total Research and Development</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">224,600</font></td> <td>&#160;</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"><font style="font-size: 10pt">124,600</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">General and Administrative:</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> <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-left: 10pt"><font style="font-size: 10pt">General and Administrative, Paid By Related Party</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">0</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">72,000</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">72,000</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="padding-left: 10pt"><font style="font-size: 10pt">Stock Payments to Related Party</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"><font style="font-size: 10pt">650</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">650</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 10pt"><font style="font-size: 10pt">General and Administrative</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">4,282</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(650</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">3,632</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="padding-left: 20pt"><font style="font-size: 10pt">Total General and Administrative</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">4,282</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">72,000</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">76,282</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 10pt"><font style="font-size: 10pt">Rent, Paid By Related Party</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">0</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">38,502</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">38,502</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Consulting:</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> <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-left: 10pt"><font style="font-size: 10pt">Consulting Costs</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">17,952</font></td> <td>&#160;</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"><font style="font-size: 10pt">17,952</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="padding-left: 20pt"><font style="font-size: 10pt">Total Consulting</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">17,952</font></td> <td>&#160;</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"><font style="font-size: 10pt">17,952</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 20pt"><font style="font-size: 10pt">Total Costs and Expenses</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">246,834</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">10,502</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">257,336</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td>&#160;</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> <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><font style="font-size: 10pt">OPERATING LOSS</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(246,834</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(10,502</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(257,336</font></td> <td><font style="font-size: 10pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">OTHER INCOME AND EXPENSES</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> <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-left: 10pt"><font style="font-size: 10pt">Interest Income, Related Party</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"><font style="font-size: 10pt">148</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">148</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="padding-left: 10pt"><font style="font-size: 10pt">Interest Income</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">148</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(148</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">0</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 10pt"><font style="font-size: 10pt">Interest Expense, Related Party</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">0</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(2,079</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(2,079</font></td> <td><font style="font-size: 10pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="padding-left: 10pt"><font style="font-size: 10pt">Interest Expense</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(2,897</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(2,079</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(818</font></td> <td><font style="font-size: 10pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 20pt"><font style="font-size: 10pt">Total Other Income ( Expenses)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(2,749</font></td> <td><font style="font-size: 10pt">)</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"><font style="font-size: 10pt">(2,749</font></td> <td><font style="font-size: 10pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">NET INCOME (LOSS)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(249,583</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(10,502</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(260,085</font></td> <td><font style="font-size: 10pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Income Taxes</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">0</font></td> <td>&#160;</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"><font style="font-size: 10pt">0</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">NET INCOME (LOSS)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(249,583</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(10,502</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(260,085</font></td> <td><font style="font-size: 10pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">BASIC AND FULLY DILUTED EARNINGS (LOSS) PER SHARE</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(0.251</font></td> <td><font style="font-size: 10pt">)</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"><font style="font-size: 10pt">(0.026</font></td> <td><font style="font-size: 10pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">996,297</font></td> <td>&#160;</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"><font style="font-size: 10pt">996,297</font></td> <td>&#160;</td></tr> </table> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 33%">&#160;</td> <td style="width: 34%; text-align: center"><font style="font-size: 10pt">37</font></td> <td style="width: 33%; text-align: right">&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#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">Zander Therapeutics, Inc</font></td> <td>&#160;</td> <td colspan="3">&#160;</td> <td>&#160;</td> <td colspan="3">&#160;</td> <td>&#160;</td> <td colspan="3">&#160;</td></tr> <tr style="vertical-align: bottom"> <td><font style="font-size: 10pt">STATEMENT OF CASH FLOWS</font></td> <td>&#160;</td> <td colspan="3" style="text-align: center">&#160;</td> <td>&#160;</td> <td colspan="3" style="text-align: center">&#160;</td> <td>&#160;</td> <td colspan="3" style="text-align: center">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center">&#160;</td> <td>&#160;</td> <td colspan="3" style="text-align: center">&#160;</td> <td>&#160;</td> <td colspan="3" style="text-align: center">&#160;</td> <td>&#160;</td> <td colspan="3" style="text-align: center">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center">&#160;</td> <td>&#160;</td> <td colspan="3" style="text-align: center">&#160;</td> <td>&#160;</td> <td colspan="3" style="text-align: center">&#160;</td> <td>&#160;</td> <td colspan="3" style="text-align: center">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center">&#160;</td> <td style="padding-bottom: 1pt">&#160;</td> <td colspan="3" style="border-bottom: black 1pt solid"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;Year Ended</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">June 30,</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">2017&#160;</p></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">Adjustments&#160;</font></td> <td style="padding-bottom: 1pt">&#160;</td> <td colspan="3" style="border-bottom: black 1pt solid"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Year Ended</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">June 30,</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">2017</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(as restated)</p></td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">CASH FLOWS FROM OPERATING ACTIVITIES</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> <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: 46%"><font style="font-size: 10pt">Net Income (Loss)</font></td> <td style="width: 5%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 11%; text-align: right"><font style="font-size: 10pt">(249,583</font></td> <td style="width: 1%"><font style="font-size: 10pt">)</font></td> <td style="width: 5%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 11%; text-align: right"><font style="font-size: 10pt">(10,502</font></td> <td style="width: 1%"><font style="font-size: 10pt">)</font></td> <td style="width: 5%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 11%; text-align: right"><font style="font-size: 10pt">(260,085</font></td> <td style="width: 1%"><font style="font-size: 10pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Adjustments to reconcile net Income (loss) to net cash</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> <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-left: 10pt"><font style="font-size: 10pt">Preferred Stock Issued for Expenses</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">750</font></td> <td>&#160;</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"><font style="font-size: 10pt">750</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="padding-left: 10pt"><font style="font-size: 10pt">Common Stock Issued for Expenses</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">101,115</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(101,115</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">0</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 10pt"><font style="font-size: 10pt">Changes in Operating Assets and 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> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="padding-left: 10pt"><font style="font-size: 10pt">Increase (Decrease) in Accrued Expenses</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">105,749</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(100,000</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">5,749</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 20pt"><font style="font-size: 10pt">Net Cash provided by (used) in Operating Activities</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(41,969</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(211,617</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(253,586</font></td> <td><font style="font-size: 10pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">CASH FLOWS FROM FINANCING ACTIVITIES</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> <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-left: 10pt"><font style="font-size: 10pt">Increase(Decrease) in Due to Shareholder</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(101,115</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">101,115</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">0</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="padding-left: 10pt"><font style="font-size: 10pt">Increase (Decrease) in Contributed Capital</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">0</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">100,502</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">110,502</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 10pt"><font style="font-size: 10pt">Increase (Decrease) in Notes Payable</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">119,089</font></td> <td>&#160;</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"><font style="font-size: 10pt">119,089</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="padding-left: 10pt"><font style="font-size: 10pt">Common Stock Issued for Cash</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">120,000</font></td> <td>&#160;</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"><font style="font-size: 10pt">120,000</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 20pt"><font style="font-size: 10pt">Net Cash provided by (used) in Financing Activities</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">137,974</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">211,617</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">349,591</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td>&#160;</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> <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><font style="font-size: 10pt">Net Increase (Decrease) in Cash</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">96,005</font></td> <td>&#160;</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"><font style="font-size: 10pt">96,005</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td>&#160;</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> <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><font style="font-size: 10pt">Cash at Beginning of Period</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">0</font></td> <td>&#160;</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"><font style="font-size: 10pt">0</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Cash at End of Period</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">96,005</font></td> <td>&#160;</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"><font style="font-size: 10pt">96,005</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td>&#160;</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> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt"><b>Supplemental Disclosure of Noncash investing and financing activities:</b></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> <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><font style="font-size: 10pt">Common Shares issued for Debt</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">101,115</font></td> <td>&#160;</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> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt">&#160;&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 33%">&#160;</td> <td style="width: 34%; text-align: center"><font style="font-size: 10pt">38</font></td> <td style="width: 33%; text-align: right">&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt">Zander Therapeutics, Inc.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt">Statement of Shareholders Equity for the Fiscal Year ended June 30, 2017</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 style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="9" style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">Contributed Capital</font></td> <td style="text-align: center">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">As originally Presented</font></td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">Adjustments</font></td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">As Restated</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="width: 46%"><font style="font-size: 10pt">Balance June 30, 2016</font></td> <td style="width: 5%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 11%; text-align: right"><font style="font-size: 10pt">905</font></td> <td style="width: 1%">&#160;</td> <td style="width: 5%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 11%; text-align: right"><font style="font-size: 10pt">117,280</font></td> <td style="width: 1%">&#160;</td> <td style="width: 5%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 11%; text-align: right"><font style="font-size: 10pt">118,185</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Additions to Contributed</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> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">capital Fiscal Year Ended</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> <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><font style="font-size: 10pt">June 30, 2017</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">0</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">110,502</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">110,502</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Balance June 30, 2017</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">905</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">227,782</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">228,687</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td>&#160;</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> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom"> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td colspan="9" style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">Retained Deficit</font></td> <td style="text-align: center">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">As originally Presented</font></td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">Adjustments</font></td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">As Restated</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Net Loss for Year Ended June 30, 2017</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(249,583</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(10,502</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(260,085</font></td> <td><font style="font-size: 10pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Balance June 30, 2017</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(351,603</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(230,193</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(581,796</font></td> <td><font style="font-size: 10pt">)</font></td></tr> </table> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 33%">&#160;</td> <td style="width: 34%; text-align: center"><font style="font-size: 10pt">39</font></td> <td style="width: 33%; text-align: right">&#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 style="vertical-align: bottom"> <td><font style="font-size: 10pt">ZANDER THERAPEUTICS, INC.</font></td> <td>&#160;</td> <td colspan="3">&#160;</td> <td>&#160;</td> <td colspan="3">&#160;</td> <td>&#160;</td> <td colspan="3">&#160;</td></tr> <tr style="vertical-align: bottom"> <td><font style="font-size: 10pt">BALANCE SHEET</font></td> <td>&#160;</td> <td colspan="3">&#160;</td> <td>&#160;</td> <td colspan="3">&#160;</td> <td>&#160;</td> <td colspan="3">&#160;</td></tr> <tr style="vertical-align: bottom"> <td>&#160;</td> <td>&#160;</td> <td colspan="3">&#160;</td> <td>&#160;</td> <td colspan="3">&#160;</td> <td>&#160;</td> <td colspan="3">&#160;</td></tr> <tr style="vertical-align: bottom"> <td>&#160;</td> <td>&#160;</td> <td colspan="3">&#160;</td> <td>&#160;</td> <td colspan="3">&#160;</td> <td>&#160;</td> <td colspan="3">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center">&#160;</td> <td style="padding-bottom: 1pt">&#160;</td> <td colspan="3" style="border-bottom: black 1pt solid"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;As of</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">June 30,</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">2017&#160;</p></td> <td style="padding-bottom: 1pt; text-align: center">&#160;</td> <td colspan="3" style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">Adjustments&#160;</font></td> <td style="padding-bottom: 1pt; text-align: center">&#160;</td> <td colspan="3" style="border-bottom: black 1pt solid"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">As of</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">June 30,</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">2017</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;(as restated)</p></td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">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> <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><font style="font-size: 10pt">CURRENT 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> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="width: 46%"><font style="font-size: 10pt">Cash</font></td> <td style="width: 5%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 11%; text-align: right"><font style="font-size: 10pt">96,005</font></td> <td style="width: 1%">&#160;</td> <td style="width: 5%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 11%; text-align: right">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 5%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 11%; text-align: right"><font style="font-size: 10pt">96,005</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td>&#160;</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> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Total Current Assets</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">96,005</font></td> <td>&#160;</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"><font style="font-size: 10pt">96,005</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td>&#160;</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> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Total Assets</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">96,005</font></td> <td>&#160;</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"><font style="font-size: 10pt">96,005</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">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> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Current 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> <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><font style="font-size: 10pt">Notes Payable</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">119,089</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(119,089</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">0</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Notes Payable, Related Party</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">0</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">119,089</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">119,089</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Accrued Expenses, Related Parties</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">0</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">107,343</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">107,343</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Accrued Expenses</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">105,749</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">104,931</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">818</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Total Liabilities</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">224,838</font></td> <td>&#160;</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"><font style="font-size: 10pt">227,250</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td>&#160;</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> <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><font style="font-size: 10pt">STOCKHOLDER'S EQUITY</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> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Common Stock, Authorized 100,000,000, $0.0001 Par Value</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> <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><font style="font-size: 10pt">3,008,001 shares issued and outstanding as of June 30, 2017</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">301</font></td> <td>&#160;</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"><font style="font-size: 10pt">301</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Preferred Stock, $0.0001 par value&#160;&#160;Authorized&#160;&#160;50,000,000 as of June 30 2017</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> <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><font style="font-size: 10pt">Series M Preferred Stock, $0.0001 par,&#160;&#160;Authorized 10,000,000 as of June 30, 20170 shares and 7,500,000 shares outstanding as of June 30, 2016 and June 30, 2017 Respectively</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">750</font></td> <td>&#160;</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"><font style="font-size: 10pt">750</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Common Stock subscribed for but unissued , 0 and 100,000 shares as of June 30, 2016 and 2017 respectively</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">100,000</font></td> <td>&#160;</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"><font style="font-size: 10pt">100,000</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Additional Paid In Capital</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">120,814</font></td> <td>&#160;</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"><font style="font-size: 10pt">120,814</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Contributed Capital, Related Party</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">905</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">227,782</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">228,687</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Retained Deficit</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(351,603</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(230,193</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(581,796</font></td> <td><font style="font-size: 10pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Total Stockholder's Equity</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(128,833</font></td> <td><font style="font-size: 10pt">)</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"><font style="font-size: 10pt">(131,244</font></td> <td><font style="font-size: 10pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">96,005</font></td> <td>&#160;</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"><font style="font-size: 10pt">96,005</font></td> <td>&#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><font style="font-size: 10pt">Zander Therapeutics, Inc</font></td> <td>&#160;</td> <td colspan="3">&#160;</td> <td>&#160;</td> <td colspan="3">&#160;</td> <td>&#160;</td> <td colspan="3">&#160;</td></tr> <tr style="vertical-align: bottom"> <td><font style="font-size: 10pt">STATEMENT OF OPERATIONS</font></td> <td>&#160;</td> <td colspan="3">&#160;</td> <td>&#160;</td> <td colspan="3">&#160;</td> <td>&#160;</td> <td colspan="3">&#160;</td></tr> <tr style="vertical-align: bottom"> <td>&#160;</td> <td>&#160;</td> <td colspan="3">&#160;</td> <td>&#160;</td> <td colspan="3">&#160;</td> <td>&#160;</td> <td colspan="3">&#160;</td></tr> <tr style="vertical-align: bottom"> <td>&#160;</td> <td>&#160;</td> <td colspan="3">&#160;</td> <td>&#160;</td> <td colspan="3">&#160;</td> <td>&#160;</td> <td colspan="3">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center">&#160;</td> <td style="padding-bottom: 1pt">&#160;</td> <td colspan="3" style="border-bottom: black 1pt solid"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Year Ended</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">June 30,</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">2017&#160;</p></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">Adjustments</font></td> <td style="padding-bottom: 1pt">&#160;</td> <td colspan="3" style="border-bottom: black 1pt solid"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Year Ended</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">June 30,</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">2017</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(as restated)&#160;</p></td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="width: 46%"><font style="font-size: 10pt">TOTAL REVENUES</font></td> <td style="width: 5%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 11%; text-align: right"><font style="font-size: 10pt">0</font></td> <td style="width: 1%">&#160;</td> <td style="width: 5%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 11%; text-align: right">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 5%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 11%; text-align: right"><font style="font-size: 10pt">0</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">COSTS AND EXPENSES</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> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Research and Development:</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> <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-left: 10pt"><font style="font-size: 10pt">Research and Development:</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">224,600</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(224,600</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">0</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="padding-left: 10pt"><font style="font-size: 10pt">License Fees Due to Related Party</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"><font style="font-size: 10pt">110,000</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">110,000</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 10pt"><font style="font-size: 10pt">Consulting Costs</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"><font style="font-size: 10pt">2,000</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">2,000</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="padding-left: 10pt"><font style="font-size: 10pt">Contract Research Fees</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"><font style="font-size: 10pt">12,600</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">12,600</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 20pt"><font style="font-size: 10pt">Total Research and Development</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">224,600</font></td> <td>&#160;</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"><font style="font-size: 10pt">124,600</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">General and Administrative:</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> <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-left: 10pt"><font style="font-size: 10pt">General and Administrative, Paid By Related Party</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">0</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">72,000</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">72,000</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="padding-left: 10pt"><font style="font-size: 10pt">Stock Payments to Related Party</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"><font style="font-size: 10pt">650</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">650</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 10pt"><font style="font-size: 10pt">General and Administrative</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">4,282</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(650</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">3,632</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="padding-left: 20pt"><font style="font-size: 10pt">Total General and Administrative</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">4,282</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">72,000</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">76,282</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 10pt"><font style="font-size: 10pt">Rent, Paid By Related Party</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">0</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">38,502</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">38,502</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Consulting:</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> <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-left: 10pt"><font style="font-size: 10pt">Consulting Costs</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">17,952</font></td> <td>&#160;</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"><font style="font-size: 10pt">17,952</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="padding-left: 20pt"><font style="font-size: 10pt">Total Consulting</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">17,952</font></td> <td>&#160;</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"><font style="font-size: 10pt">17,952</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 20pt"><font style="font-size: 10pt">Total Costs and Expenses</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">246,834</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">10,502</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">257,336</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td>&#160;</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> <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><font style="font-size: 10pt">OPERATING LOSS</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(246,834</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(10,502</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(257,336</font></td> <td><font style="font-size: 10pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">OTHER INCOME AND EXPENSES</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> <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-left: 10pt"><font style="font-size: 10pt">Interest Income, Related Party</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"><font style="font-size: 10pt">148</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">148</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="padding-left: 10pt"><font style="font-size: 10pt">Interest Income</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">148</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(148</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">0</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 10pt"><font style="font-size: 10pt">Interest Expense, Related Party</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">0</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(2,079</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(2,079</font></td> <td><font style="font-size: 10pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="padding-left: 10pt"><font style="font-size: 10pt">Interest Expense</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(2,897</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(2,079</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(818</font></td> <td><font style="font-size: 10pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 20pt"><font style="font-size: 10pt">Total Other Income ( Expenses)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(2,749</font></td> <td><font style="font-size: 10pt">)</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"><font style="font-size: 10pt">(2,749</font></td> <td><font style="font-size: 10pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">NET INCOME (LOSS)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(249,583</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(10,502</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(260,085</font></td> <td><font style="font-size: 10pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Income Taxes</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">0</font></td> <td>&#160;</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"><font style="font-size: 10pt">0</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">NET INCOME (LOSS)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(249,583</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(10,502</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(260,085</font></td> <td><font style="font-size: 10pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">BASIC AND FULLY DILUTED EARNINGS (LOSS) PER SHARE</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(0.251</font></td> <td><font style="font-size: 10pt">)</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"><font style="font-size: 10pt">(0.026</font></td> <td><font style="font-size: 10pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">996,297</font></td> <td>&#160;</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"><font style="font-size: 10pt">996,297</font></td> <td>&#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><font style="font-size: 10pt">Zander Therapeutics, Inc</font></td> <td>&#160;</td> <td colspan="3">&#160;</td> <td>&#160;</td> <td colspan="3">&#160;</td> <td>&#160;</td> <td colspan="3">&#160;</td></tr> <tr style="vertical-align: bottom"> <td><font style="font-size: 10pt">STATEMENT OF CASH FLOWS</font></td> <td>&#160;</td> <td colspan="3" style="text-align: center">&#160;</td> <td>&#160;</td> <td colspan="3" style="text-align: center">&#160;</td> <td>&#160;</td> <td colspan="3" style="text-align: center">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center">&#160;</td> <td>&#160;</td> <td colspan="3" style="text-align: center">&#160;</td> <td>&#160;</td> <td colspan="3" style="text-align: center">&#160;</td> <td>&#160;</td> <td colspan="3" style="text-align: center">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center">&#160;</td> <td>&#160;</td> <td colspan="3" style="text-align: center">&#160;</td> <td>&#160;</td> <td colspan="3" style="text-align: center">&#160;</td> <td>&#160;</td> <td colspan="3" style="text-align: center">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center">&#160;</td> <td style="padding-bottom: 1pt">&#160;</td> <td colspan="3" style="border-bottom: black 1pt solid"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;Year Ended</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">June 30,</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">2017&#160;</p></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">Adjustments&#160;</font></td> <td style="padding-bottom: 1pt">&#160;</td> <td colspan="3" style="border-bottom: black 1pt solid"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Year Ended</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">June 30,</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">2017</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(as restated)</p></td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">CASH FLOWS FROM OPERATING ACTIVITIES</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> <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: 46%"><font style="font-size: 10pt">Net Income (Loss)</font></td> <td style="width: 5%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 11%; text-align: right"><font style="font-size: 10pt">(249,583</font></td> <td style="width: 1%"><font style="font-size: 10pt">)</font></td> <td style="width: 5%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 11%; text-align: right"><font style="font-size: 10pt">(10,502</font></td> <td style="width: 1%"><font style="font-size: 10pt">)</font></td> <td style="width: 5%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 11%; text-align: right"><font style="font-size: 10pt">(260,085</font></td> <td style="width: 1%"><font style="font-size: 10pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Adjustments to reconcile net Income (loss) to net cash</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> <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-left: 10pt"><font style="font-size: 10pt">Preferred Stock Issued for Expenses</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">750</font></td> <td>&#160;</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"><font style="font-size: 10pt">750</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="padding-left: 10pt"><font style="font-size: 10pt">Common Stock Issued for Expenses</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">101,115</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(101,115</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">0</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 10pt"><font style="font-size: 10pt">Changes in Operating Assets and 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> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="padding-left: 10pt"><font style="font-size: 10pt">Increase (Decrease) in Accrued Expenses</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">105,749</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(100,000</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">5,749</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 20pt"><font style="font-size: 10pt">Net Cash provided by (used) in Operating Activities</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(41,969</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(211,617</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(253,586</font></td> <td><font style="font-size: 10pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">CASH FLOWS FROM FINANCING ACTIVITIES</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> <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-left: 10pt"><font style="font-size: 10pt">Increase(Decrease) in Due to Shareholder</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(101,115</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">101,115</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">0</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="padding-left: 10pt"><font style="font-size: 10pt">Increase (Decrease) in Contributed Capital</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">0</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">100,502</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">110,502</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 10pt"><font style="font-size: 10pt">Increase (Decrease) in Notes Payable</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">119,089</font></td> <td>&#160;</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"><font style="font-size: 10pt">119,089</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="padding-left: 10pt"><font style="font-size: 10pt">Common Stock Issued for Cash</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">120,000</font></td> <td>&#160;</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"><font style="font-size: 10pt">120,000</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 20pt"><font style="font-size: 10pt">Net Cash provided by (used) in Financing Activities</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">137,974</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">211,617</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">349,591</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td>&#160;</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> <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><font style="font-size: 10pt">Net Increase (Decrease) in Cash</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">96,005</font></td> <td>&#160;</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"><font style="font-size: 10pt">96,005</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td>&#160;</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> <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><font style="font-size: 10pt">Cash at Beginning of Period</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">0</font></td> <td>&#160;</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"><font style="font-size: 10pt">0</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Cash at End of Period</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">96,005</font></td> <td>&#160;</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"><font style="font-size: 10pt">96,005</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td>&#160;</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> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt"><b>Supplemental Disclosure of Noncash investing and financing activities:</b></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> <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><font style="font-size: 10pt">Common Shares issued for Debt</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">101,115</font></td> <td>&#160;</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> </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 style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="9" style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">Contributed Capital</font></td> <td style="text-align: center">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">As originally Presented</font></td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">Adjustments</font></td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">As Restated</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="width: 46%"><font style="font-size: 10pt">Balance June 30, 2016</font></td> <td style="width: 5%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 11%; text-align: right"><font style="font-size: 10pt">905</font></td> <td style="width: 1%">&#160;</td> <td style="width: 5%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 11%; text-align: right"><font style="font-size: 10pt">117,280</font></td> <td style="width: 1%">&#160;</td> <td style="width: 5%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 11%; text-align: right"><font style="font-size: 10pt">118,185</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Additions to Contributed</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> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">capital Fiscal Year Ended</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> <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><font style="font-size: 10pt">June 30, 2017</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">0</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">110,502</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">110,502</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Balance June 30, 2017</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">905</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">227,782</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">228,687</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td>&#160;</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> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom"> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td colspan="9" style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">Retained Deficit</font></td> <td style="text-align: center">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">As originally Presented</font></td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">Adjustments</font></td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">As Restated</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td><font style="font-size: 10pt">Net Loss for Year Ended June 30, 2017</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(249,583</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(10,502</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(260,085</font></td> <td><font style="font-size: 10pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Balance June 30, 2017</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(351,603</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(230,193</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(581,796</font></td> <td><font style="font-size: 10pt">)</font></td></tr> </table> 0 -119089 119089 0 -224600 224600 0 -148 148 750 750 0 -101115 101115 0 101115 -101115 <p style="margin: 0pt"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt"><b>NOTE 9. SUBSEQUENT EVENTS &#160;</b></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 0; margin-left: 0">On July 3, 2018 Zander Therapeutics, Inc. (&#8220;Zander&#8221;) purchased 3,500,000 of the Series A preferred Shares of Regen Biopharma, Inc. (&#8220;Shares&#8221;) owned by Entest Group, Inc. from Entest Group, Inc. (&#8220;Owner&#8221;) for the price of $35,000 USD cash.</p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 0; margin-left: 0">David R. Koos, who serves as Chairman and Chief Executive Officer of Zander also serves as Chairman and Chief Executive Officer of Entest. Zander is under common control with Entest. Zander is a 36% owned subsidiary of Entest as of June 30, 2018.</p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 0; margin-left: 0">David R. Koos, who serves as Chairman and Chief Executive Officer of Regen Biopharma, Inc. also serves as Chairman and Chief Executive Officer of Zander. Regen Biopharma, Inc. is under common control with Zander.</p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 0; margin-left: 0">On July 3, 2018 Zander entered into a sublease agreement with Entest whereby Zander would sublet office space located at 4700 Spring Street, Suite 304, La Mesa, California 91942 from Entest on a month to month basis for $6,000 per month beginning July 5, 2018.</p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 0; margin-left: 0">David R. Koos, who serves as Chairman and Chief Executive Officer of Zander also serves as Chairman and Chief Executive Officer of Entest. Zander is under common control with Entest. Zander is a 36% owned subsidiary of Entest as of June 30, 2018.</p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 0; margin-left: 0">On July 12, 2018 Zander sold 50,000 of its common shares for consideration of $100,000</p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 0; margin-left: 0">On August 21, 2018 the Company sold 500,000 of its common shares for consideration of $500,000</p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 0; margin-left: 0">On August 21, 2018 the Company sold 50,000 of its common shares for consideration of $100,000</p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 0; margin-left: 0">On September 6, 2018 the Company issued 250,000 of its common shares to a member of the Company&#8217;s Business Advisory Board as consideration for services.</p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 0; margin-left: 0">On September 6, 2018 the Company issued 100,000 of its common shares for consideration of $100,000</p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 0; margin-left: 0">On September 6, 2018 the Company issued 50,000 of its common shares for consideration of $100,000</p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 0; margin-left: 0">On September 6, 2018 the Company issued 275,000 of its common shares to the Chairman of the Company&#8217;s Business Advisory Board as consideration for services.</p> <p style="margin: 0pt"></p> 3500000 35000 6000 FY 2018 Smaller Reporting Company 750 750 <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 0; margin-left: 0; background-color: white">(a) the member shall advise Zander on various nominal matters regarding veterinary. ''Nominal&#34; is defined as periodic conversations in which the member is asked for a referral to an appropriate researcher on a specific topic or input on research data Zander is developing.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">(b) In the event the member is requested to provide research services, such services will be negotiated separately between the member and the Company.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The term of the August Member Agreement is from August 17, 2017 to August 18, 2018.</p> <table cellspacing="0" cellpadding="0" style="width: 100%"> <tr style="vertical-align: top"> <td style="width: 20px; padding-bottom: 6pt; font: 12pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">(a)</font></td> <td style="width: 7px">&#160;</td> <td style="padding-bottom: 6pt; font: 12pt Times New Roman, Times, Serif; text-align: justify"><font style="font-size: 10pt">The Chairman shall, for so long as he remains a member of the Business Advisory Board, meet with Zander upon written request, at dates and times mutually agreeable to the Chairman and Zander, to discuss any matter involving Zander or its Subsidiaries</font></td></tr> </table> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <table cellspacing="0" cellpadding="0" style="width: 100%"> <tr style="vertical-align: top"> <td style="width: 20px; padding-bottom: 6pt; font: 12pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">(b)</font></td> <td style="width: 7px">&#160;</td> <td style="padding-bottom: 6pt; font: 12pt Times New Roman, Times, Serif; text-align: justify"><font style="font-size: 10pt">Identify and introduce to Zander persons to serve as members of Zander's Business Advisory Board (&#34;Advisory Candidates&#34;).</font></td></tr> </table> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <table cellspacing="0" cellpadding="0" style="width: 100%"> <tr style="vertical-align: top"> <td style="width: 20px; padding-bottom: 6pt; font: 12pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">(c)</font></td> <td style="width: 7px">&#160;</td> <td style="padding-bottom: 6pt; font: 12pt Times New Roman, Times, Serif; text-align: justify"><font style="font-size: 10pt">Identify and introduce to Zander potential purchasers of Zander's securities.</font></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt">Pursuant to the Agreement:</p> <table cellspacing="0" cellpadding="0" style="width: 100%"> <tr style="vertical-align: top"> <td style="width: 20px; padding-bottom: 6pt; font: 12pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">(i)</font></td> <td style="width: 7px">&#160;</td> <td style="padding-bottom: 6pt; font: 12pt Times New Roman, Times, Serif; text-align: justify"><font style="font-size: 10pt">The Chairman received 500,000 of the common shares of Zander.</font></td></tr> </table> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <table cellspacing="0" cellpadding="0" style="width: 100%"> <tr style="vertical-align: top"> <td style="width: 20px; padding-bottom: 6pt; font: 12pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">(ii)</font></td> <td style="width: 7px">&#160;</td> <td style="padding-bottom: 6pt; font: 12pt Times New Roman, Times, Serif; text-align: justify"><font style="font-size: 10pt">In the event that an Advisory Candidate identified and introduced by The Chairman to Zander serves as a member of the Business Advisory Board of Zander, The Chairman shall receive, ten business days subsequent to the completion of 12 months service by the Advisory Candidate as a member of the Business Advisory Board of Zander, a fee paid in the common shares of Zander, equal to 5% of any shares of Zander issued to the Advisory Candidate.</font></td></tr> </table> 12642 200 EX-101.SCH 15 zander-20180630.xsd XBRL SCHEMA FILE 00000001 - Document - Document and Entity Information link:presentationLink link:calculationLink link:definitionLink 00000002 - Statement - Balance Sheets link:presentationLink link:calculationLink link:definitionLink 00000003 - Statement - Balance Sheets (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 00000004 - Statement - Statements of Operations link:presentationLink link:calculationLink link:definitionLink 00000005 - Statement - Statements of Cash Flows link:presentationLink link:calculationLink link:definitionLink 00000006 - Statement - Shareholders Equity link:presentationLink link:calculationLink link:definitionLink 00000007 - Disclosure - Organization and Summary of Significant Accounting Policies link:presentationLink link:calculationLink link:definitionLink 00000008 - Disclosure - Recent Accounting Pronouncements link:presentationLink link:calculationLink link:definitionLink 00000009 - Disclosure - Going Concern link:presentationLink link:calculationLink link:definitionLink 00000010 - Disclosure - Income Taxes link:presentationLink link:calculationLink link:definitionLink 00000011 - Disclosure - Related Party Transactions link:presentationLink link:calculationLink link:definitionLink 00000012 - Disclosure - Stockholders' Equity link:presentationLink link:calculationLink link:definitionLink 00000013 - Disclosure - Stock Transactions link:presentationLink link:calculationLink link:definitionLink 00000014 - Disclosure - Restatement of Previously Issued Financial Statements link:presentationLink link:calculationLink link:definitionLink 00000015 - Disclosure - Subsequent Events link:presentationLink link:calculationLink link:definitionLink 00000016 - Disclosure - Organization and Summary of Significant Accounting Policies (Policies) link:presentationLink link:calculationLink link:definitionLink 00000017 - Disclosure - Organization and Summary of Significant Accounting Policies (Tables) link:presentationLink link:calculationLink link:definitionLink 00000018 - Disclosure - Income Taxes (Tables) link:presentationLink link:calculationLink link:definitionLink 00000019 - Disclosure - Restatement of Previously Issued Financial Statements (Tables) link:presentationLink link:calculationLink link:definitionLink 00000020 - Disclosure - Organization and Summary of Significant Accounting Policies - Summary of issuance of stock for nonemployee servives (Details) link:presentationLink link:calculationLink link:definitionLink 00000021 - Disclosure - Organization and Summary of Significant Accounting Policies - Fair Vale of shares issued to nonemployees (Details) link:presentationLink link:calculationLink link:definitionLink 00000022 - Disclosure - Organization and Summary of Significant Accounting Policies - Summare of stock based compensation to employees (Details) link:presentationLink link:calculationLink link:definitionLink 00000023 - Disclosure - Organization and Summary of Significant Accounting Policies - Fair value for shares issed to employees (Details) link:presentationLink link:calculationLink link:definitionLink 00000024 - Disclosure - Organization and Summary of Significant Accounting Policies (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000025 - Disclosure - Going Concern (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000026 - Disclosure - Income Taxes - Income Taxes (Details) link:presentationLink link:calculationLink link:definitionLink 00000027 - Disclosure - Income Taxes (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000028 - Disclosure - Related Party Transactions (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000029 - Disclosure - Stockholders' Equity (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000030 - Disclosure - Stock Transactions (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000031 - Disclosure - Restatement of Previously Issued Financial Statements - Restatement of Balance Sheet (Details) link:presentationLink link:calculationLink link:definitionLink 00000032 - Disclosure - Restatement of Previously Issued Financial Statements - Restatement of Statement of Operations (Details) link:presentationLink link:calculationLink link:definitionLink 00000033 - Disclosure - Restatement of Previously Issued Financial Statements - Restatement of Cashflows (Details) link:presentationLink link:calculationLink link:definitionLink 00000034 - Disclosure - Restatement of Previously Issued Financial Statements - Restatement of Statement of Shareholders Equity (Details) link:presentationLink link:calculationLink link:definitionLink 00000035 - Disclosure - Subsequent Events (Details Narrative) link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 16 zander-20180630_cal.xml XBRL CALCULATION FILE EX-101.DEF 17 zander-20180630_def.xml XBRL DEFINITION FILE EX-101.LAB 18 zander-20180630_lab.xml XBRL LABEL FILE Class of Stock [Axis] Common Stock Series M Preferred Stock Equity Components [Axis] Additional Paid-In Capital Common Stock Subscribed For But Unissued Contributed Capital Series AA Preferred Stock Retained Earnings Restatement [Axis] Restatement Non Voting Convertible Preferred Stock Related Party Transaction [Axis] Entest Group, Inc. David Koos Todd Caven Stock Transactions [Axis] August Member Agreement Chairman of the Company's Business Advisory Board #2 Adjustments As Originally Presented Series A Preferred Stock Regen Biopharma, Inc. Common Stock 2 Chairman of the Company's Business Advisory Board Originally Reported Statement [Table] Statement [Line Items] Entity Registrant Name Entity Central Index Key Document Type Document Period End Date Amendment Flag Current Fiscal Year End Date Is Entity a Well-known Seasoned Issuer? Is Entity a Voluntary Filer? Is Entity's Reporting Status Current? Entity Filer Category Entity Public Float Entity Common Stock, Shares Outstanding Document Fiscal Period Focus Document Fiscal Year Focus ASSETS CURRENT ASSETS Cash Prepaid Expenses, Related Parties Prepaid Expenses Due From Related Party Total Current Assets Total Assets LIABILITIES Current Liabilities: Accounts Payable Notes Payable, Related Party Accrued Expenses, Related Parties Accrued Expenses Total Current Liabilities Total Liabilities STOCKHOLDER'S EQUITY Common Stock, Authorized 100,000,000, $0.0001 Par Value 4,758,001 shares and 3,008,001 shares issued and outstanding as of June 30, 2018 and June 30, 2017 respectively Preferred Stock, $0.0001 par value Authorized 50,000,000 as of June 30, 2017 and June 30, Common Stock subscribed for but unissued , 100000 and 100,000 shares as of June 30, 2018 and June 30, 2017 respectively Additional Paid In Capital Contributed Capital, Related Party Retained Deficit Total Stockholder's Equity TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY Common stock, par value (in dollars per share) Common stock, shares authorized Common stock, shares issued Common stock, shares outstanding Common stock subscribed for but unissued Preferred stock, par value Preferred stock, shares authorized Preferred stock, shares issued Preferred stock, shares outstanding TOTAL REVENUES COSTS AND EXPENSES Research and Development: License Fees Due to Related Party Contract Research Fees Consulting Costs Total Research and Development General and Administrative: General and Administrative, Paid By Related Party Stock Payments to Related Party General and Administrative Total General and Administrative Rent, Paid By Related Party Consulting: Consulting Costs, Paid by Related Party Consulting Costs Total Consulting Total Costs and Expenses OPERATING LOSS OTHER INCOME AND EXPENSES Interest Income, Related Party Interest Expense, Related Party Interest Expense Total Other Income ( Expenses) NET INCOME (LOSS) Before Taxes Income Taxes NET INCOME (LOSS) BASIC AND FULLY DILUTED EARNINGS (LOSS) PER SHARE WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING CASH FLOWS FROM OPERATING ACTIVITIES Net Income (Loss) Adjustments to reconcile net Income (loss) to net cash: Stock Issued for Expenses Changes in Operating Assets and Liabilities Increase (Decrease) in Accounts Payable Increase (Decrease) in Accrued Expenses (Increase) Decrease in Due from Related Party (Increase) Decrease in Prepaid Expenses Net Cash provided by (used) in Operating Activities CASH FLOWS FROM FINANCING ACTIVITIES Common Stock Issued for Cash Increase (Decrease) in Contributed Capital Increase (Decrease) in Notes Payable Net Cash provided by (used) in Financing Activities Net Increase (Decrease) in Cash Cash at Beginning of Period Cash at End of Period Supplemental Disclosure of Noncash investing and financing activities: Common Shares issued for Debt Cash Paid for Interest Series AA Preferred Beginning balance, Shares Beginning balance, Amount Additions to Contributed Capital Shares issued to Parent; Shares Shares issued to Parent; Amount Shares issued for cash; Shares Shares issued for cash; Amount Shares issued for services; Shares Shares issued for services; Amount Common Shares Issued for Cash; Shares Common Shares Issued for Cash; Amount Common Shares issued for Services; Shares Common Shares issued for Services; Amount Preferred Shares issued for Services; Shares Preferred Shares issued for Services; Amount Preferred Shares issued for Services; Shares Preferred Shares issued for Services; Amount Preferred Shares issued for Services; Shares Preferred Shares issued for Services; Amount Common Shares issued for Cash; Shares Common Shares issued for Cash; Amount Common Shares issued for Cash; Shares Common Shares issued for Cash; Amount Common Shares issued for Cash; Shares Common Shares issued for Cash; Amount Common Shares Subscribed but Unissued Net Loss Ending balance, Shares Ending balance, Amount Accounting Policies [Abstract] Organization and Summary of Significant Accounting Policies Accounting Changes and Error Corrections [Abstract] Recent Accounting Pronouncements Organization, Consolidation and Presentation of Financial Statements [Abstract] Going Concern Income Tax Disclosure [Abstract] Income Taxes Related Party Transactions [Abstract] Related Party Transactions Equity [Abstract] Stockholders' Equity Notes to Financial Statements Stock Transactions Restatement of Previously Issued Financial Statements Subsequent Events [Abstract] Subsequent Events BASIS OF ACCOUNTING USE OF ESTIMATES CASH EQUIVALENTS PROPERTY AND EQUIPMENT FAIR VALUE OF FINANCIAL INSTRUMENTS INCOME TAXES BASIC EARNINGS (LOSS) PER SHARE ADVERTISING RESEARCH AND DEVELOPMENT COSTS STOCK BASED COMPENSATION CONCENTRATION OF CREDIT RISK Summary of issuance of stock for nonemployee servives Fair Vale of shares issued to nonemployees Summare of stock based compensation to employees Fair value for shares issed to employees Deferred tax assets Restatement of Balance Sheet Restatement of Statement of Operations Restatement of Cashflows Restatement of Statement of Shareholders Equity Unvested Shares Vested Shares Vested Shares, Weighted Average Fair Value Fair Value of Intellectual Property Notes Payable Accrued Expenses Enterprise Value Less Total Debt: Portion of Enterprise Value attributable to Shareholders Per Shares Portion of Enterprise Value attributable to Shareholders Advertising expense Shares issued Sale of equity securities for cash Deferred tax assets: Net operating tax carry forwards Other Gross deferred tax assets Valuation allowance Net deferred tax assets Deferred tax assets Net operating loss carry forwards Federal corporate rate Contributed capital License fee Shares issued, value Royalty payments Anniversery payment Principal Payments Interest Payments Payments for equity Series A Preferred Shares purchased Rental Expense General and Administrative Expenses Paid By A Related Party StockTransactionsAxis [Axis] Issuance expense Agreement Terms Notes Payable Common Stock, Authorized 100,000,000, $0.0001 Par Value 3,008,001 shares issued and outstanding as of June 30, 2017 Preferred Stock, $0.0001 par value Authorized 50,000,000 as of June 30, 2017 Series M Preferred Stock, $0.0001 par, Authorized 10,000,000 as of June 30, 20170 shares and 7,500,000 shares outstanding as of June 30, 2016 and June 30, 2017 Respectively Common Stock subscribed for but unissued , 100000 and 100,000 shares as of June 30, 2016 and June 30, 2017 Research and Development Interest Income Interest Expense, Related Party Interest Expense NET INCOME (LOSS) Preferred Stock Issued for Expenses Common Stock Issued for Expenses Increase (Decrease) in Due to Shareholder Shares purchased Shares purchased, value Monthly Rent Expense Business Combination, Acquisition Related Costs Cash and Cash Equivalents, at Carrying Value Shares, Outstanding PreferredSharesIssuedForServicesAugust212017Shares PreferredSharesIssuedForServicesAugust212017Amount PreferredSharesIssuedForServicesSeptember152017Shares PreferredSharesIssuedForServicesSeptember152017Amount CommonSharesIssuedForCashFebruary52018Shares CommonSharesIssuedForCashFebruary52018Amount CommonSharesIssuedForCashFebruary272018Shares CommonSharesIssuedForCashFebruary272018Amount Income Tax Disclosure [Text Block] Accrued Liabilities and Other Liabilities Debt, Current Operating Loss Carryforwards, Valuation Allowance Notes and Loans Payable EX-101.PRE 19 zander-20180630_pre.xml XBRL PRESENTATION FILE XML 20 R1.htm IDEA: XBRL DOCUMENT v3.10.0.1
Document and Entity Information - USD ($)
12 Months Ended
Jun. 30, 2018
Sep. 14, 2018
Dec. 31, 2017
Entity Registrant Name Zander Therapeutics, Inc    
Entity Central Index Key 0001718644    
Document Type 10-K    
Document Period End Date Jun. 30, 2018    
Amendment Flag false    
Current Fiscal Year End Date --06-30    
Is Entity a Well-known Seasoned Issuer? No    
Is Entity a Voluntary Filer? No    
Is Entity's Reporting Status Current? No    
Entity Filer Category Smaller Reporting Company    
Entity Public Float     $ 0
Document Fiscal Period Focus FY    
Document Fiscal Year Focus 2018    
Common Stock      
Entity Common Stock, Shares Outstanding   6,033,001  
Series M Preferred Stock      
Entity Common Stock, Shares Outstanding   9,000,000  
XML 21 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Balance Sheets - USD ($)
Jun. 30, 2018
Jun. 30, 2017
CURRENT ASSETS    
Cash $ 370,313  
Prepaid Expenses, Related Parties 66,239  
Prepaid Expenses 650  
Due From Related Party 35,000  
Total Current Assets 472,202  
Total Assets 472,202  
Current Liabilities:    
Accounts Payable 1,087,969  
Notes Payable, Related Party 0  
Accrued Expenses, Related Parties  
Accrued Expenses 11,593  
Total Current Liabilities 1,099,562  
Total Liabilities 1,099,562  
STOCKHOLDER'S EQUITY    
Common Stock, Authorized 100,000,000, $0.0001 Par Value 4,758,001 shares and 3,008,001 shares issued and outstanding as of June 30, 2018 and June 30, 2017 respectively 475  
Preferred Stock, $0.0001 par value Authorized 50,000,000 as of June 30, 2017 and June 30,  
Common Stock subscribed for but unissued , 100000 and 100,000 shares as of June 30, 2018 and June 30, 2017 respectively 100,000  
Additional Paid In Capital 1,620,689  
Contributed Capital, Related Party 413,878  
Retained Deficit (2,763,302)  
Total Stockholder's Equity (627,358) $ (131,244)
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY 472,202  
Series M Preferred Stock    
STOCKHOLDER'S EQUITY    
Preferred Stock, $0.0001 par value Authorized 50,000,000 as of June 30, 2017 and June 30, 900 750
Series AA Preferred Stock    
STOCKHOLDER'S EQUITY    
Preferred Stock, $0.0001 par value Authorized 50,000,000 as of June 30, 2017 and June 30, $ 0
Restatement    
CURRENT ASSETS    
Cash   96,005
Prepaid Expenses, Related Parties  
Prepaid Expenses   0
Due From Related Party  
Total Current Assets   96,005
Total Assets   96,005
Current Liabilities:    
Accounts Payable  
Notes Payable, Related Party   119,089
Accrued Expenses, Related Parties   107,343
Accrued Expenses   818
Total Current Liabilities   227,250
Total Liabilities   227,250
STOCKHOLDER'S EQUITY    
Common Stock, Authorized 100,000,000, $0.0001 Par Value 4,758,001 shares and 3,008,001 shares issued and outstanding as of June 30, 2018 and June 30, 2017 respectively   301
Preferred Stock, $0.0001 par value Authorized 50,000,000 as of June 30, 2017 and June 30,  
Common Stock subscribed for but unissued , 100000 and 100,000 shares as of June 30, 2018 and June 30, 2017 respectively   100,000
Additional Paid In Capital   120,814
Contributed Capital, Related Party   228,687
Retained Deficit   (581,796)
Total Stockholder's Equity   (131,244)
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY   $ 96,005
XML 22 R3.htm IDEA: XBRL DOCUMENT v3.10.0.1
Balance Sheets (Parenthetical) - $ / shares
Jun. 30, 2018
Jun. 30, 2017
Common stock, par value (in dollars per share) $ 0.0001 $ 0.0001
Common stock, shares authorized 100,000,000 100,000,000
Common stock, shares issued 4,758,001 3,008,001
Common stock, shares outstanding 4,758,001 3,008,001
Common stock subscribed for but unissued 100,000 100,000
Preferred stock, par value $ 0.0001 $ 0.0001
Preferred stock, shares authorized 50,000,000 50,000,000
Series M Preferred Stock    
Preferred stock, par value $ 0.0001 $ 0.0001
Preferred stock, shares authorized 10,000,000 10,000,000
Preferred stock, shares issued 9,000,000 7,500,000
Preferred stock, shares outstanding 9,000,000 7,500,000
Series AA Preferred Stock    
Preferred stock, par value $ .0001 $ 0.0001
Preferred stock, shares authorized 1,000,000 0
Preferred stock, shares issued 200 0
Preferred stock, shares outstanding 200 0
XML 23 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Statements of Operations - USD ($)
12 Months Ended
Jun. 30, 2018
Jun. 30, 2017
TOTAL REVENUES  
Research and Development:    
License Fees Due to Related Party 100,000  
Contract Research Fees 1,569,584  
Consulting Costs 150  
Total Research and Development 1,669,734  
General and Administrative:    
General and Administrative, Paid By Related Party 68,600  
Stock Payments to Related Party  
General and Administrative 67,097  
Total General and Administrative 135,697  
Rent, Paid By Related Party 36,792  
Consulting:    
Consulting Costs, Paid by Related Party 79,799  
Consulting Costs 249,569  
Total Consulting 329,368  
Total Costs and Expenses 2,171,592  
OPERATING LOSS (2,171,592)  
OTHER INCOME AND EXPENSES    
Interest Income, Related Party  
Interest Expense, Related Party (9,913)  
Interest Expense  
Total Other Income ( Expenses) (9,913)  
NET INCOME (LOSS) Before Taxes (2,181,505)  
Income Taxes  
NET INCOME (LOSS) $ (2,181,505) $ (260,085)
BASIC AND FULLY DILUTED EARNINGS (LOSS) PER SHARE $ (.51)  
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING 4,281,267  
Restatement    
TOTAL REVENUES  
Research and Development:    
License Fees Due to Related Party   110,000
Contract Research Fees   12,600
Consulting Costs   2,000
Total Research and Development   124,600
General and Administrative:    
General and Administrative, Paid By Related Party   72,000
Stock Payments to Related Party   650
General and Administrative   3,632
Total General and Administrative   76,282
Rent, Paid By Related Party   38,502
Consulting:    
Consulting Costs, Paid by Related Party  
Consulting Costs   17,952
Total Consulting   17,952
Total Costs and Expenses   257,336
OPERATING LOSS   (257,336)
OTHER INCOME AND EXPENSES    
Interest Income, Related Party   148
Interest Expense, Related Party   (2,079)
Interest Expense   (818)
Total Other Income ( Expenses)   (2,749)
NET INCOME (LOSS) Before Taxes   (260,085)
Income Taxes  
NET INCOME (LOSS)   $ (260,085)
BASIC AND FULLY DILUTED EARNINGS (LOSS) PER SHARE   $ (0.261)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING   996,297
XML 24 R5.htm IDEA: XBRL DOCUMENT v3.10.0.1
Statements of Cash Flows - USD ($)
12 Months Ended
Jun. 30, 2018
Jun. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income (Loss) $ (2,181,505) $ (260,085)
Adjustments to reconcile net Income (loss) to net cash:    
Stock Issued for Expenses 162  
Changes in Operating Assets and Liabilities    
Increase (Decrease) in Accounts Payable 1,087,969  
Increase (Decrease) in Accrued Expenses (96,565)  
(Increase) Decrease in Due from Related Party (35,000)  
(Increase) Decrease in Prepaid Expenses (66,854)  
Net Cash provided by (used) in Operating Activities (1,297,792)  
CASH FLOWS FROM FINANCING ACTIVITIES    
Common Stock Issued for Cash 1,500,000  
Increase (Decrease) in Contributed Capital 185,189  
Increase (Decrease) in Notes Payable (119,089)  
Net Cash provided by (used) in Financing Activities 1,566,100  
Net Increase (Decrease) in Cash 274,308  
Cash at Beginning of Period 96,005  
Cash at End of Period 370,313 96,005
Supplemental Disclosure of Noncash investing and financing activities:    
Common Shares issued for Debt  
Cash Paid for Interest 12,642  
Restatement    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income (Loss)   (260,085)
Adjustments to reconcile net Income (loss) to net cash:    
Stock Issued for Expenses   750
Changes in Operating Assets and Liabilities    
Increase (Decrease) in Accounts Payable  
Increase (Decrease) in Accrued Expenses   5,749
(Increase) Decrease in Due from Related Party  
(Increase) Decrease in Prepaid Expenses  
Net Cash provided by (used) in Operating Activities   (253,586)
CASH FLOWS FROM FINANCING ACTIVITIES    
Common Stock Issued for Cash   120,000
Increase (Decrease) in Contributed Capital   110,502
Increase (Decrease) in Notes Payable   119,089
Net Cash provided by (used) in Financing Activities   349,591
Net Increase (Decrease) in Cash   96,005
Cash at Beginning of Period $ 96,005
Cash at End of Period   96,005
Supplemental Disclosure of Noncash investing and financing activities:    
Common Shares issued for Debt   101,115
Cash Paid for Interest  
XML 25 R6.htm IDEA: XBRL DOCUMENT v3.10.0.1
Shareholders Equity - USD ($)
Common Stock
Series M Preferred Stock
Additional Paid-In Capital
Common Stock Subscribed For But Unissued
Contributed Capital
Series AA Preferred
Retained Earnings
Total
Beginning balance, Shares at Jun. 30, 2016 1              
Beginning balance, Amount at Jun. 30, 2016 $ 0   $ 0   $ 118,185   $ (321,711) $ (203,526)
Additions to Contributed Capital         110,502     110,502
Shares issued to Parent; Shares 3,000,000              
Shares issued to Parent; Amount $ 300   100,815         101,115
Shares issued for cash; Shares 8,000              
Shares issued for cash; Amount $ 1   19,999         20,000
Shares issued for services; Shares   7,500,000            
Shares issued for services; Amount   $ 750           750
Common Shares Subscribed but Unissued       $ 100,000       100,000
Net Loss             (260,085) (260,085)
Ending balance, Shares at Jun. 30, 2017 3,008,001 7,500,000       0    
Ending balance, Amount at Jun. 30, 2017 $ 301 $ 750 120,814 100,000 228,687 $ 0 (581,796) (131,244)
Additions to Contributed Capital         185,191     185,191
Common Shares Issued for Cash; Shares 100,000              
Common Shares Issued for Cash; Amount $ 10   99,990 (100,000)       0
Common Shares issued for Services; Shares 500,000              
Common Shares issued for Services; Amount $ 50             50
Preferred Shares issued for Services; Shares   100,000            
Preferred Shares issued for Services; Amount   $ 10           10
Preferred Shares issued for Services; Shares   1,400,000            
Preferred Shares issued for Services; Amount   $ 140           140
Preferred Shares issued for Services; Shares           200    
Preferred Shares issued for Services; Amount           $ 0   0
Common Shares issued for Cash; Shares 900,000              
Common Shares issued for Cash; Amount $ 90   899,910         900,000
Common Shares issued for Cash; Shares 100,000              
Common Shares issued for Cash; Amount $ 10   199,990         200,000
Common Shares issued for Cash; Shares 150,000              
Common Shares issued for Cash; Amount $ 15   299,985         300,000
Common Shares Subscribed but Unissued       100,000       100,000
Net Loss             (2,181,505) (2,181,505)
Ending balance, Shares at Jun. 30, 2018 4,758,001 9,000,000       200    
Ending balance, Amount at Jun. 30, 2018 $ 475 $ 900 $ 1,620,689 $ 100,000 $ 413,878 $ 0 $ (2,763,302) $ (627,358)
XML 26 R7.htm IDEA: XBRL DOCUMENT v3.10.0.1
Organization and Summary of Significant Accounting Policies
12 Months Ended
Jun. 30, 2018
Accounting Policies [Abstract]  
Organization and Summary of Significant Accounting Policies

NOTE 1. ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

 

Zander Therapeutics , Inc. (“Company”) was organized June 18, 2015 under the laws of the State of Nevada. As of June 30, 2018 36% of the outstanding share capital of the Company is owned by Entest Group, Inc. Entest Group, Inc. is under common control with the Company.

 

The Company intends to engage primarily in the development of veterinary medical applications which we intend to license from other entities as well as develop internally.

 

A. BASIS OF ACCOUNTING

 

The financial statements have been prepared using the basis of accounting generally accepted in the United States of America. Under this basis of accounting, revenues are recorded as earned and expenses are recorded at the time liabilities are incurred. The Company has adopted a June 30year-end.

 

B. 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. Actual results could differ from those estimates.

 

C. CASH EQUIVALENTS

 

The Company considers all highly liquid investments with a maturity of three months or less when purchased to be cash equivalents.

   

D. PROPERTY AND EQUIPMENT

 

Property and equipment are recorded at cost. Maintenance and repairs are expensed in the year in which they are incurred. Expenditures that enhance the value of property and equipment are capitalized.

 

E. FAIR VALUE OF FINANCIAL INSTRUMENTS

 

Fair value is the price that would be received for an asset or the exit price that would be paid to transfer a liability in the principal or most advantageous market in an orderly transaction between market participants on the measurement date.  A fair value hierarchy requires an entity to maximize the use of observable inputs, where available. The following summarizes the three levels of inputs required by the standard that the Company uses to measure fair value:

 

Level 1:  Quoted prices in active markets for identical assets or liabilities

 

Level 2:  Observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the related assets or liabilities.

 

Level 3:  Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities

  24  

 

F. INCOME TAXES

 

The Company accounts for income taxes using the liability method prescribed by ASC 740, “Income Taxes.” Under this method, deferred tax assets and liabilities are determined based on the difference between the financial reporting and tax bases of assets and liabilities using enacted tax rates that will be in effect in the year in which the differences are expected to reverse. The Company records a valuation allowance to offset deferred tax assets if based on the weight of available evidence, it is more-likely-than-not that some portion, or all, of the deferred tax assets will not be realized. The effect on deferred taxes of a change in tax rates is recognized as income or loss in the period that includes the enactment date.

 

The Company applied the provisions of ASC 740-10-50, “Accounting For Uncertainty In Income Taxes”, which provides clarification related to the process associated with accounting for uncertain tax positions recognized in our financial statements. Audit periods remain open for review until the statute of limitations has passed. The completion of review or the expiration of the statute of limitations for a given audit period could result in an adjustment to the Company’s liability for income taxes. Any such adjustment could be material to the Company’s results of operations for any given quarterly or annual period based, in part, upon the results of operations for the given period. As of June 30, 2018 the Company had no uncertain tax positions, and will continue to evaluate for uncertain positions in the future.

 

The Company generated a deferred tax credit through net operating loss carry forward.  However, a valuation allowance of 100% has been established.

 

Interest and penalties on tax deficiencies recognized in accordance with ACS accounting standards are classified as income taxes in accordance with ASC Topic 740-10-50-19.

 

G.  BASIC EARNINGS (LOSS) PER SHARE

 

The Financial Accounting Standards Board (FASB) issued Accounting Standards Codification (ASC) 260, "Earnings Per Share", which specifies the computation, presentation and disclosure requirements for earnings (loss) per share for entities with publicly held common stock. ASC 260 requires the presentation of basic earnings (loss) per share and diluted earnings (loss) per share. The Company has adopted the provisions of ASC 260 effective from inception.

 

Basic net loss per share amounts is computed by dividing the net income by the weighted average number of common shares outstanding.

 

H. ADVERTISING

 

Costs associated with advertising are charged to expense as incurred. Advertising expenses were $0 for the years ended June 30, 2018 and June 30, 2017.

 

I. RESEARCH AND DEVELOPMENT COSTS

 

Research and development expenses relate primarily to the cost of discovery and research programs. Research and development costs are charged to expense as incurred. Research and development expenses consist mainly of License Fees paid to Regen Biopharma, Inc, fees paid to Contract Research Organizations (“CRO”) conducting studies on the Company’s behalf, and fees paid to consultants conducting research studies.

 

License Fees paid to Regen Biopharma, Inc. are accrued over the course of the reporting period. The Companies make payments to CROs based on agreed-upon terms and the Company generally accrues expenses based on services performed or over the term of the agreement, as applicable.

 

  25  

 

 

J. STOCK BASED COMPENSATION

 

Stock issued for Non-Employee Services

 

Stock Based compensation to non-employees is accounted for in accordance with ASC 505-50. ASC 505-50 requires entities to account for non-employee equity transactions based on either the fair value of the services received or the fair value of the equity instrument issued utilizing whichever measurement is most reliable. Stock issued for compensation to non employees during the quarter ended September 30, 2017 were accounted for at the fair value of the equity instruments issued as there were no dollar amounts billed to the Company for services rendered by the non employees .

 

In determining the Fair Value of shares issued as compensation, the Company took into account factors including the financial condition of the Company at the time of grant , the Company’s lack of profitability, the frequency and amount of cash sales of the Company’s stock, and the Company’s negative working capital as of the time of grant.

 

Pursuant to ASC 505-50-30-11 an issuer shall measure the fair value of the equity instruments in these transactions using the stock price and other measurement assumptions as of the earlier of the following dates, referred to as the measurement date:

i.        The date at which a commitment for performance by the counterparty to earn the equity instruments is reached (a performance commitment); and

ii.        The date at which the counterparty’s performance is complete.

 

The Company has assessed that the date of issuance of the stock grant constituted commitment for performance therefore stock grants to nonemployees issued during the period were measured as of the issue date.

 

The following Summarizes the Company’s issuance of stock for nonemployee services for the quarter ended September 30, 2017:

 

Series M Preferred  Shares        
    Number of Shares   Weighted Average Fair Value
Balance July 1, 2016        
Unvested Shares     0          
Vested Shares     6,000,000       600  
Total July 1, 2017     6,000,000       600  
Shares Issued Vested     1,500,000       150  
Balance June 30, 2018     7,500,000       750  

 

Common Shares                
      Number of Shares       Weighted Average Fair Value  
Balance July 1, 2016                
Unvested Shares     0          
Vested Shares     0          
Total July 1, 2017     0          
Shares Issued Vested     500,000       50  
Balance June  30, 2018      500,000       50  

  

In determining Fair Value for shares issued to nonemployees an asset based valuation method was utilized , specifically Enterprise Value(Assets Less Cash and Cash Equivalents plus Fair Value of Debt) less Fair Value of Debt. The following inputs were utilized.

  26  

 

500,000 of the Common Shares of the Company and 100,000 of the Series M Preferred Shares of the Company issued on July 10, 2017:

 

Fair Value of  Intellectual Property as of July 10, 2017   $ 1145  
Notes Payable as of July 10, 2017   $ 119.089  
Accrued Expenses as of July 10, 2017   $ 106,499  
Enterprise Value as of July 10, 2017 (subtotal)   $ 226,733  
Less Total Debt:   $ (225,588 )
Portion of Enterprise Value attributable to Shareholders:   $ 1,145  
Per Shares Portion of Enterprise Value attributable to Shareholders   $ 0.000102  

 

1,400,000 of the Series M Preferred Shares of the Company issued August 21, 2017

 

Fair Value of  Intellectual Property as of August 21, 2017   $ 1145  
Notes Payable as of August 21, 2017   $ 221,941  
Accrued Expenses as of August 21, 2017   $ 5,349  
Enterprise Value as of August 21, 2017(subtotal)   $ 228,435  
Less Total Debt   $ (227,290 )
Portion of Enterprise Value attributable to Shareholders :   $ 1,145  
Per Share Portion of Enterprise Value attributable to Shareholders   $ 0.00009  

Stock issued for Employee Compensation 

Stock based compensation to employees is accounted for at the award’s fair value at grant, less the amount (if any) paid by the award recipient.

 

In determining the Fair Value of shares issued as compensation, the Company took into account factors including the financial condition of the Company at the time of grant , the Company’s lack of profitability, the frequency and amount of cash sales of the Company’s stock, and the Company’s negative working capital as of the time of grant.

 

Series AA Preferred  Shares  
    Number of Shares       Weighted Average Fair Value  
Balance July 1, 2016              
Unvested Shares   0          
Vested Shares   0          
Total July 1, 2017   0          
Vested Shares Issued   200       3.6.  
Balance 6/30/2018   200       3.6  

 

In determining Fair Value for shares issued to employees an asset based valuation method was utilized. The following inputs were utilized; specifically Enterprise Value (Assets Less Cash and Cash Equivalents plus Fair Value of Debt). The following inputs were utilized:

 

200 Shares of the Company’s Series AA Preferred Stock issued September 15, 2017 

Fair Value of  Intellectual Property as of September 15, 2017   $ 1145  
Notes Payable as of September 15, 2017   $ 216,941  
Accrued Expenses as of September 15, 2017   $ 6,848  
Enterprise Value   $ 224,934  
Per Share Portion of Enterprise Value attributable to Shareholders   $ 0.018  

 

  27  

 

 

K. CONCENTRATION OF CREDIT RISK

 

As of June 30, 2018 the Company held $370,313 in one depository institution. The standard deposit insurance coverage limit is $250,000 per depositor, per FDIC-insured bank, per ownership category. Any and all amounts above the insured limit is at risk of loss.

XML 27 R8.htm IDEA: XBRL DOCUMENT v3.10.0.1
Recent Accounting Pronouncements
12 Months Ended
Jun. 30, 2018
Accounting Changes and Error Corrections [Abstract]  
Recent Accounting Pronouncements

NOTE 2 .  RECENT ACCOUNTING PRONOUNCEMENTS

 

June 2014, the Financial Accounting Standards Board issued Accounting Standards Update No. 2014-10, which eliminated certain financial reporting requirements of companies previously identified as "Development Stage Entities" (Topic 915). The amendments in this ASU simplify accounting guidance by removing all incremental financial reporting requirements for development stage entities. The amendments also reduce data maintenance and, for those entities subject to audit, audit costs by eliminating the requirement for development stage entities to present inception-to-date information in the statements of income, cash flows, and shareholder equity. Early application of each of the amendments is permitted for any annual reporting period or interim period for which the entity's financial statements have not yet been issued (public business entities) or made available for issuance (other entities). Upon adoption, entities will no longer present or disclose any information required by Topic 915. The Company has adopted this standard.

 

The following accounting standards updates were recently issued and have not yet been adopted by the Company. These standards are currently under review to determine their impact on the Company’s consolidated financial position, results of operations, or cash flows.

 

In May 2014, FASB issued Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers. The revenue recognition standard affects all entities that have contracts with customers, except for certain items. The new revenue recognition standard eliminates the transaction-and industry-specific revenue recognition guidance under current GAAP and replaces it with a principle-based approach for determining revenue recognition. Public entities are required to adopt the revenue recognition standard for reporting periods beginning after December 15, 2016, and interim and annual reporting periods thereafter. Early adoption is not permitted for public entities. The Company has reviewed the applicable ASU and has not, at the current time, quantified the effects of this pronouncement, however it believes that there will be no material effect on the consolidated financial statements.

In June 2014, FASB issued Accounting Standards Update (ASU) No. 2014-12 Compensation — Stock Compensation (Topic 718), Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period. A performance target in a share-based payment that affects vesting and that could be achieved after the requisite service period should be accounted for as a performance condition under Accounting Standards Codification (ASC) 718, Compensation — Stock Compensation. As a result, the target is not reflected in the estimation of the award's grant date fair value. Compensation cost would be recognized over the required service period, if it is probable that the performance condition will be achieved. The guidance is effective for annual periods beginning after 15 December 2015 and interim periods within those annual periods. Early adoption is permitted. The Company has reviewed the applicable ASU and has not, at the current time, quantified the effects of this pronouncement, however it believes that there will be no material effect on the consolidated financial statements.

In August 2014, FASB issued Accounting Standards Update (ASU) No. 2014-15 Preparation of Financial Statements – Going Concern (Subtopic 205-40), Disclosure of Uncertainties about an Entity's Ability to Continue as a Going Concern. Under generally accepted accounting principles (GAAP), continuation of a reporting entity as a going concern is presumed as the basis for preparing financial statements unless and until the entity's liquidation becomes imminent. Preparation of financial statements under this presumption is commonly referred to as the going concern basis of accounting. If and when an entity's liquidation becomes imminent, financial statements should be prepared under the liquidation basis of accounting in accordance with Subtopic 205-30, Presentation of Financial Statements—Liquidation Basis of Accounting. Even when an entity's liquidation is not imminent, there may be conditions or events that raise substantial doubt about the entity's ability to continue as a going concern. In those situations, financial statements should continue to be prepared under the going concern basis of accounting, but the amendments in this Update should be followed to determine whether to disclose information about the relevant conditions and events. The amendments in this Update are effective for the annual period ending after December 15, 2016, and for annual periods and interim periods thereafter. Early application is permitted. The Company will evaluate the going concern considerations in this ASU, however, at the current period, management does not believe that it has met the conditions which would subject these financial statements for additional disclosure.

XML 28 R9.htm IDEA: XBRL DOCUMENT v3.10.0.1
Going Concern
12 Months Ended
Jun. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Going Concern

NOTE 3. GOING CONCERN

 

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. The Company generated net losses of $ 2,763,302 during the period from June 18, 2015 (inception) through June 30, 2018. This condition raises substantial doubt about the Company's ability to continue as a going concern. The Company's continuation as a going concern is dependent on its ability to meet its obligations, to obtain additional financing as may be required and ultimately to attain profitability. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

 

Management plans to raise additional funds by offering securities for cash. Management has yet to decide what type of offering the Company will use or how much capital the Company will raise. There is no guarantee that the Company will be able to raise any capital through any type of offerings. During the year ended June 30, 2018 the Company raised $1,500,000 through the sale of equity securities for cash.

XML 29 R10.htm IDEA: XBRL DOCUMENT v3.10.0.1
Income Taxes
12 Months Ended
Jun. 30, 2018
Income Tax Disclosure [Abstract]  
Income Taxes

NOTE 4. INCOME TAXES

 

As of June 30, 2018

 

Deferred tax assets:    
Net operating tax carry forwards   $ 580,293  
Other     -0-  
Gross deferred tax assets     580,293  
Valuation allowance     (580,293 )
Net deferred tax assets   $ -0-  

 

As of June 30, 2018 the Company has a Deferred Tax Asset of $580,293 completely attributable to net operating loss carry forwards of approximately $2,763,302   (which expire 20 years from the date the loss was incurred).

 

Realization of deferred tax assets is dependent upon sufficient future taxable income during the period that deductible temporary differences and carry forwards are expected to be available to reduce taxable income. The achievement of required future taxable income is uncertain.

 

In addition, if as a result of a stock transfer or a reorganization, a corporation undergoes an “ownership change,” Code Section 382 limits the corporation’s right to use its NOLs each year thereafter to an annual percentage of the fair market value of the corporation at the time of the ownership change (the “Section 382 Limitation”).

 

A corporation is considered to undergo “an ownership change” if, as a result of changes in the stock ownership by “5-percent shareholders” or as a result of certain reorganizations, the percentage of the corporation’s stock owned by those 5-percent shareholders increases by more than 50 percentage points over the lowest percentage of stock owned by those shareholders at any time during the prior three-year testing period. Five-percent shareholders are persons who hold 5% or more of the stock of a corporation at any time during the testing period as well as certain groups of shareholders (based typically on whether they acquired their shares in a single offering or exchange transaction) who are not individually 5-percent shareholders.

 

As the Company will require cash infusions in order to implement its business plan, and as it is probable, although not guaranteed, that such funding needs may be met through the sale of equity securities to “5-percent shareholders”, the Company recognized a valuation allowance equal to the deferred Tax Asset and the Company recorded a valuation allowance reducing all deferred tax assets to 0.

 

Income tax is calculated at the 21% Federal Corporate Rate.

XML 30 R11.htm IDEA: XBRL DOCUMENT v3.10.0.1
Related Party Transactions
12 Months Ended
Jun. 30, 2018
Related Party Transactions [Abstract]  
Related Party Transactions

NOTE 5. RELATED PARTY TRANSACTIONS

The Company utilizes approximately 2,300 square feet of office space at 4700 Spring Street, Suite 304, La Mesa California, 91941provided to the Company by Entest Group, Inc. on a month to month basis free of charge. The Chief Executive Officer of Entest Group Inc. is David R. Koos who also serves as the Chief Executive Officer of the Company.

As of June 30, 2018 the Company has received capital contributions from Entest Group, Inc. totaling $413,878

On June 23, 2015 Regen Biopharma, Inc. ( “Regen”) entered into an agreement (“Agreement”) with The Company whereby Regen granted to The Company an exclusive worldwide right and license for the development and commercialization of certain intellectual property controlled by Regen (“ License IP”) for non-human veterinary therapeutic use for a term of fifteen years.

 

Pursuant to the Agreement, The Company shall pay to Regen one-time, non-refundable, upfront payment of one hundred thousand US dollars ($100,000) as a license initiation fee which must be paid within 90 days of June 23, 2015 and an annual non-refundable payment of one hundred thousand US dollars ($100,000) on July 15th, 2016 and each subsequent anniversary of the effective date of the Agreement

 

The abovementioned payments may be made, at The Company’s discretion, in cash or newly issued common stock of The Company or in common stock of Entest Group Inc. valued as of the lowest closing price on the principal exchange upon which said common stock trades publicly within the 14 trading days prior to issuance.

 

Pursuant to the Agreement, The Company shall pay to Regen royalties equal to four percent (4%) of the Net Sales , as such term is defined in the Agreement, of any Licensed Products, as such term is defined in the Agreement, in a

 

Pursuant to the Agreement, The Company will pay Regen ten percent (10%) of all consideration (in the case of in-kind consideration, at fair market value as monetary consideration) received by The Company from sublicensees ( excluding royalties from sublicensees based on Net Sales of any Licensed Products for which Regen receives payment pursuant to the terms and conditions of the Agreement).

 

The Company is obligated pay to Regen minimum annual royalties of ten thousand US dollars ($10,000) payable per year on each anniversary of the Effective Date of this Agreement, commencing on the second anniversary of June 23, 2015. This minimum annual royalty is only payable to the extent that royalty payments made during the preceding 12-month period do not exceed ten thousand US dollars ($10,000).

 

The Agreement may be terminated by Regen:

 

If The Company has not sold any Licensed Product by ten years of the effective date of the Agreement or The Company has not sold any Licensed Product for any twelve (12) month period after The Company’s first commercial sale of a Licensed Product.

 

The Agreement may be terminated by The Company with regard to any of the License IP if by five years from the date of execution of the Agreement a patent has not been granted by the United States patent and Trademark Office to Regen with regard to that License IP.

 

The Agreement may be terminated by The Company with regard to any of the License IP if a patent that has been granted by the United States patent and Trademark Office to Regen with regard to that License IP is terminated.

 

The Agreement may be terminated by either party in the event of a material breach by the other party.

 

The Chairman and Chief Executive Officer of Regen is David R. Koos who also serves as the Chairman and Chief Executive Officer of the Company.

 

The President of Regen is Harry Lander who also serves as President of the Company.

 

The Chief Financial Officer of Regen is Todd Caven who also serves as Chief Financial Officer of the Company.

 

On July 24, 2017 Entest Group, Inc. issued 102,852 of its Non Voting Convertible Preferred Stock to Regen in satisfaction of $102,852 of liabilities incurred pursuant to the Agreement.

  30  

 

 

During the quarter ended December 31, 2017 the Company paid $58,000 to Regen, such amounts to be applied toward minimum royalties which become due and payable pursuant to the Agreement. 

 

During the quarter ended March 31, 2018 the Company paid $20,000 to Regen, such amounts to be applied toward minimum royalties which become due and payable pursuant to the Agreement. 

 

On February 7, 2018 Regen and Zander agreed to a 10% reduction of Zander’s June 2018 Annual Anniversary Fee obligation if Zander pays such fee on or before February 10, 2018. $90,000 was paid by Zander in satisfaction of the June 2018 Annual Anniversary Fee during the quarter ended March 31, 2018.

 

On March 1, 2017 the Company issued 3,000,000 common shares to Entest Group, Inc. Consideration rendered to the Company by Entest Group, Inc. consisted of payment by Entest Group, Inc. on behalf of the Company of a license initiation fee of $100,000 owed by the Company to Regen and incorporation costs of $1,115 borne by Entest Group, Inc. on behalf of the Company . 

 

On June 15, 2017 the Company issued 5,000,000 Series M Preferred Shares to Entest Group, Inc. in consideration of services rendered.

 

On June 15, 2017 the Company issued 500,000 Series M Preferred Shares to David Koos in consideration of services rendered.

 

On June 15, 2017 the Company issued 500,000 Series M Preferred Shares to Todd Caven in consideration of services rendered.

 

During the year ended June 30, 2017 the Company made principal payments of $69,000 to Entest Group Inc on Notes Payable. During the quarter ended September 30, 2017 the Company made principal payments of $23,000 to Entest Group, Inc.During the quarter ended December 31, 2017 the Company made principal payments of $97,500 to Entest Group, Inc. During the quarter ended March 31, 2018 the Company made principal payments of $90,000 to Entest Group, Inc. During the quarter ended June 30, 2018 the Company made principal payments of $11,441 and interest payments of $12,642 to Entest Group, Inc.

During the quarter ended June 30, 2018 the Company transferred funds totaling $35,000 to Entest Group Inc. in anticipation of entering into an agreement to purchase 3,500,000 of the Series A Preferred shares of Regen Biopharma, Inc. owned by Entest Group, Inc.

The Company has recognized $36,792 of rental expenses for the year ended June 30, 2018. This expense is equal to 100% of the rent paid by Entest Group, Inc. for space occupied by the Company. The Company estimates that the cost that would have been incurred if the Company had operated as an unaffiliated entity during the period would have been identical.

 

The Company has recognized $68,600 of General and Administrative expenses paid by a related party during the year ended June 30, 2018. This expense is equal to 60% of the salary expense incurred by Entest Group, Inc. for the salary of David R. Koos, the Company’s Chief Executive Officer. It is estimated by the Company that 60% of David Koos’ professional time during the year ended June 30, 2018 was spent on activities which benefitted the Company. The Company estimates that the cost that would have been incurred if the Company had operated as an unaffiliated entity during the period would have been in the range of $68,600 to $114,333.

XML 31 R12.htm IDEA: XBRL DOCUMENT v3.10.0.1
Stockholders' Equity
12 Months Ended
Jun. 30, 2018
Equity [Abstract]  
Stockholders' Equity

NOTE 6. STOCKHOLDERS' EQUITY

 

The stockholders' equity section of the Company contains the following classes of capital stock as June, 2018:

 

Common stock, $ 0.0001 par value; 100,000,000 shares authorized: 4,758,001 shares issued and outstanding.

With respect to each matter submitted to a vote of stockholders of the Corporation, each holder of Common Stock shall be entitled to cast that number of votes which is equivalent to the number of shares of Common Stock owned by such holder times one (1).

On any voluntary or involuntary liquidation, dissolution or winding up of the Corporation, the holders of the Common Stock shall receive, out of assets legally available for distribution to the Company's stockholders, a ratable share in the assets of the Corporation.

Preferred Stock, $0.0001 par value, 50,000,000 shares authorized of which

(a) 10,000,000 is designated as Series M Preferred Stock: 9,000,000 shares of Series M Preferred Stock are issued and outstanding as of June 30, 2018

With respect to each matter submitted to a vote of stockholders of the Corporation, each holder of Series M Preferred Stock shall be entitled to cast that number of votes which is equivalent to the number of shares of Series M Preferred Stock owned by such holder times one (1).

On any voluntary or involuntary liquidation, dissolution or winding up of the Corporation, the holders of the Series M Preferred Stock shall receive, out of assets legally available for distribution to the Company's stockholders, a ratable share in the assets of the Corporation.

(b) 1,000,000 is designated as Series AA Preferred Stock: 200 shares of Series AA Preferred Stock are issued and outstanding as of June 30, 2018,

With respect to each matter submitted to a vote of stockholders of the Corporation, each holder of Series AA Preferred Stock shall be entitled to cast that number of votes which is equivalent to the number of shares of Series AA Preferred Stock owned by such holder times 10,000 (10,000).

On any voluntary or involuntary liquidation, dissolution or winding up of the Corporation, the holders of the Series AA Preferred Stock shall receive, out of assets legally available for distribution to the Company's stockholders, a ratable share in the assets of the Corporation.

XML 32 R13.htm IDEA: XBRL DOCUMENT v3.10.0.1
Stock Transactions
12 Months Ended
Jun. 30, 2018
Notes to Financial Statements  
Stock Transactions

NOTE 7. STOCK TRANSACTIONS

On October 30, Zander issued 900,000 of its common shares for consideration of $900,000

On February 5, 2018, Zander issued 100,000 of its common shares for consideration of $200,000.

On February 27, 2018, Zander issued 150,000 of its common shares for consideration of $300,000

On July 10, 2017 the Company issued 100,000 of its Series M Shares for Services.

 

The shares were issued to a member of the Company’s Scientific Advisory Board pursuant to an agreement entered into by and between the member and the Company on June 20, 2017 which was superseded by an agreement by and between the member and the Company entered into on August 16th 2017 (“August Member Agreement”).

It was agreed by the parties that the 100,000 Series M Shares issued to the member would be considered part of the compensation due pursuant to the August Member Agreement.

 

Pursuant to the August Member Agreement:

 

(a) the member shall advise Zander on various nominal matters regarding veterinary. ''Nominal" is defined as periodic conversations in which the member is asked for a referral to an appropriate researcher on a specific topic or input on research data Zander is developing.

(b) In the event the member is requested to provide research services, such services will be negotiated separately between the member and the Company.

 

  32  

 

 

The term of the August Member Agreement is from August 17, 2017 to August 18, 2018.

 

The abovementioned 100,000 shares of the Company’s Series M Preferred stock were issued at Fair Value. None of the abovementioned Shares which were issued as compensation are redeemable by the Company. Fair Value of the abovementioned securities issued as compensation has been determined by the Company utilizing the Company’s estimation as to an amount at which an asset could be exchanged between knowledgeable and willing parties in an arms length transaction.

 

In determining the Fair Value of the abovementioned shares issued as compensation, the Company took into account factors including the financial condition of the Company at the time of grant , the Company’s lack of profitability, the frequency and amount of cash sales of the Company’s stock, and the Company’s negative working capital as of the time of grant. The Company shall recognize an expense of $10 in the relevant accounting period in connection with the abovementioned issuance of 100,000 shares of the Company’s Series M Preferred stock.

 

On July 10, 2017 the Company issued 100,000 common shares to the Chairman of the Company’s Business Advisory Board for consideration of $100,000.

 

On July 10, 2017 the Company issued 500,000 common shares to the Chairman of the Company’s Business Advisory Board as consideration for services.

 

The common shares were issued pursuant to the terms and conditions of that agreement (“Agreement”) by and between the Company and the Chairman whereby the Chairman shall serve as Chairman of Zander’s Business Advisory Board.

 

The term of the Agreement shall commence on June 23, 2017 and shall expire on June 23, 2020. The term of the Agreement may be extended by mutual agreement.

Pursuant to the Agreement:

(a)   The Chairman shall, for so long as he remains a member of the Business Advisory Board, meet with Zander upon written request, at dates and times mutually agreeable to the Chairman and Zander, to discuss any matter involving Zander or its Subsidiaries

 

(b)   Identify and introduce to Zander persons to serve as members of Zander's Business Advisory Board ("Advisory Candidates").

 

(c)   Identify and introduce to Zander potential purchasers of Zander's securities.

 

Pursuant to the Agreement:

(i)   The Chairman received 500,000 of the common shares of Zander.

 

(ii)   In the event that an Advisory Candidate identified and introduced by The Chairman to Zander serves as a member of the Business Advisory Board of Zander, The Chairman shall receive, ten business days subsequent to the completion of 12 months service by the Advisory Candidate as a member of the Business Advisory Board of Zander, a fee paid in the common shares of Zander, equal to 5% of any shares of Zander issued to the Advisory Candidate.

 

The abovementioned 500,000 shares of the Company’s common stock were issued at Fair Value. None of the abovementioned Shares which were issued as compensation are redeemable by the Company. Fair Value of the abovementioned securities issued as compensation has been determined by the Company utilizing the Company’s estimation as to an amount at which an asset could be exchanged between knowledgeable and willing parties in an arms length transaction.

 

  33  

 

 

In determining the Fair Value of the abovementioned shares issued as compensation, the Company took into account factors including the financial condition of the Company at the time of grant , the Company’s lack of profitability, the frequency and amount of cash sales of the Company’s stock, and the Company’s negative working capital as of the time of grant. The Company shall recognize an expense of $50 in the relevant accounting period in connection with the abovementioned issuance of 500,000 shares of the Company’s common stock.

 

On August 21, 2017 the Company issued 1,400,000 of its Series M Shares for Services:

 

400,000 of the abovementioned Series M Preferred shares were issued pursuant to the August Member Agreement previously described.

 

The abovementioned 400,000 shares of the Company’s Series M Preferred stock were issued at Fair Value. None of the abovementioned Shares which were issued as compensation are redeemable by the Company. Fair Value of the abovementioned securities issued as compensation has been determined by the Company utilizing the Company’s estimation as to an amount at which an asset could be exchanged between knowledgeable and willing parties in an arms length transaction.

 

In determining the Fair Value of the abovementioned shares issued as compensation, the Company took into account factors including the financial condition of the Company at the time of grant , the Company’s lack of profitability, the frequency and amount of cash sales of the Company’s stock, and the Company’s negative working capital as of the time of grant. The Company shall recognize an expense of $40 in the relevant accounting period in connection with the abovementioned issuance of 400,000 shares of the Company’s Series M Preferred stock.

 

500,000 of the abovementioned Series M Preferred Shares were issued to a member of the Company’s Scientific Advisory Board pursuant to an agreement entered into by and between the member and the Company on August 7, 2017 (“Agreement”).

 

Pursuant to the Agreement:

 

(a)   the member shall advise Zander on various nominal matters regarding veterinary. ''Nominal" is defined as periodic conversations in which the member is asked for a referral to an appropriate researcher on a specific topic or input on research data Zander is developing.

 

(b)   In the event the member is requested to provide research services, such services will be negotiated separately between the member and the Company.

 

The term of the Agreement is from August 17, 2017 to August 16, 2018

 

The abovementioned 500,000 shares of the Company’s Series M Preferred stock were issued at Fair Value. None of the abovementioned Shares which were issued as compensation are redeemable by the Company. Fair Value of the abovementioned securities issued as compensation has been determined by the Company utilizing the Company’s estimation as to an amount at which an asset could be exchanged between knowledgeable and willing parties in an arms length transaction.

 

In determining the Fair Value of the abovementioned shares issued as compensation, the Company took into account factors including the financial condition of the Company at the time of grant , the Company’s lack of profitability, the frequency and amount of cash sales of the Company’s stock, and the Company’s negative working capital as of the time of grant. The Company shall recognize an expense of $50 in the relevant accounting period in connection with the abovementioned issuance of 500,000 shares of the Company’s Series M Preferred stock.

 

An additional 500,000 of the abovementioned Series M Preferred Shares were issued to a member of the Company’s Scientific Advisory Board pursuant to an agreement entered into by and between the member and the Company on August 7, 2017 (“Agreement”).

 

  34  

 

 

Pursuant to the Agreement:

 

(a)   the member shall advise Zander on various nominal matters regarding veterinary. ''Nominal" is defined as periodic conversations in which the member is asked for a referral to an appropriate researcher on a specific topic or input on research data Zander is developing.

 

(b)   In the event the member is requested to provide research services, such services will be negotiated separately between the member and the Company.

 

The term of the Agreement is from August 17, 2017 to August 16, 2018

 

The abovementioned 500,000 shares of the Company’s Series M Preferred stock were issued at Fair Value. None of the abovementioned Shares which were issued as compensation are redeemable by the Company. Fair Value of the abovementioned securities issued as compensation has been determined by the Company utilizing the Company’s estimation as to an amount at which an asset could be exchanged between knowledgeable and willing parties in an arms length transaction.

 

In determining the Fair Value of the abovementioned shares issued as compensation, the Company took into account factors including the financial condition of the Company at the time of grant , the Company’s lack of profitability, the frequency and amount of cash sales of the Company’s stock, and the Company’s negative working capital as of the time of grant. The Company shall recognize an expense of $50 in the relevant accounting period in connection with the abovementioned issuance of 500,000 shares of the Company’s Series M Preferred stock.

 

On September 15, 2017 the Company issued 200 of the Series AA Preferred Shares of the Company to the Company’s Chief Executive Officer in consideration of services rendered. The Shares were issued at the direction of the Board of Directors as bonuses to recognize contributions made by the recipient. The abovementioned 200 shares of the Company’s Series AA Preferred stock were issued at Fair Value. None of the abovementioned Shares which were issued as compensation are redeemable by the Company. Fair Value of the abovementioned securities issued as compensation has been determined by the Company utilizing the Company’s estimation as to an amount at which an asset could be exchanged between knowledgeable and willing parties in an arms length transaction.

 

In determining the Fair Value of the abovementioned shares issued as compensation, the Company took into account factors including the financial condition of the Company at the time of grant , the Company’s lack of profitability, the frequency and amount of cash sales of the Company’s stock, and the Company’s negative working capital as of the time of grant. The Company will recognize a nominal expense in connection with the abovementioned issuance.

 

None of the securities issued by the Company which were issued as compensation are redeemable by the Company or the Holder.

XML 33 R14.htm IDEA: XBRL DOCUMENT v3.10.0.1
Restatement of Previously Issued Financial Statements
12 Months Ended
Jun. 30, 2018
Equity [Abstract]  
Restatement of Previously Issued Financial Statements

NOTE 8. RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS

 

Subsequent to the original issuance of Zander’s annual financial statements for the period ended June 30, 2017 the Company determined that the following revisions are required:

 

The reclassification of 119,089 of Notes Payable as Notes Payable, Related Party

 

The reclassification of $107,343 of Accrued Expenses as Accrued Expenses , Related Party

 

The accrual of $110,000 of Licensing Fees due to a Related Party correcting an overstatement of total Research and Development Expenses recognized over the period from $224,600 to $124,600

 

The reclassification of $2,000 of Research and Development Costs as Consulting Costs

 

The reclassification of $12,600 of Research and Development Costs as Contract Research Fees

 

The reclassification of $650 of General and Administrative Costs as Stock Payments to Related Party

 

The recognition of $72,000 of Salary Expense incurred by Entest Group, Inc. benefitting Zander

 

The recognition of $38,502 of Rental Expense incurred by Entest Group, Inc. benefitting Zander

 

Reclassification of decreases in Due to Shareholder in the Statement of Cash Flows as a noncash investing and financing activity

 

ZANDER THERAPEUTICS, INC.            
BALANCE SHEET            
             
             
   

 As of

June 30,

2017 

  Adjustments   

As of

June 30,

2017

 (as restated)

ASSETS                        
CURRENT ASSETS                        
Cash     96,005               96,005  
                         
Total Current Assets     96,005               96,005  
                         
Total Assets     96,005               96,005  
LIABILITIES                        
Current Liabilities:                        
Notes Payable     119,089       (119,089 )     0  
Notes Payable, Related Party     0       119,089       119,089  
Accrued Expenses, Related Parties     0       107,343       107,343  
Accrued Expenses     105,749       104,931       818  
Total Liabilities     224,838               227,250  
                         
STOCKHOLDER'S EQUITY                        
Common Stock, Authorized 100,000,000, $0.0001 Par Value                        
3,008,001 shares issued and outstanding as of June 30, 2017     301               301  
Preferred Stock, $0.0001 par value  Authorized  50,000,000 as of June 30 2017                        
Series M Preferred Stock, $0.0001 par,  Authorized 10,000,000 as of June 30, 20170 shares and 7,500,000 shares outstanding as of June 30, 2016 and June 30, 2017 Respectively     750               750  
Common Stock subscribed for but unissued , 0 and 100,000 shares as of June 30, 2016 and 2017 respectively     100,000               100,000  
Additional Paid In Capital     120,814               120,814  
Contributed Capital, Related Party     905       227,782       228,687  
Retained Deficit     (351,603 )     (230,193 )     (581,796 )
Total Stockholder's Equity     (128,833 )             (131,244 )
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY     96,005               96,005  

 

  36  

 

Zander Therapeutics, Inc            
STATEMENT OF OPERATIONS            
             
             
   

Year Ended

June 30,

2017 

  Adjustments  

Year Ended

June 30,

2017

(as restated) 

TOTAL REVENUES     0               0  
COSTS AND EXPENSES                        
Research and Development:                        
Research and Development:     224,600       (224,600 )     0  
License Fees Due to Related Party             110,000       110,000  
Consulting Costs             2,000       2,000  
Contract Research Fees             12,600       12,600  
Total Research and Development     224,600               124,600  
General and Administrative:                        
General and Administrative, Paid By Related Party     0       72,000       72,000  
Stock Payments to Related Party             650       650  
General and Administrative     4,282       (650 )     3,632  
Total General and Administrative     4,282       72,000       76,282  
Rent, Paid By Related Party     0       38,502       38,502  
Consulting:                        
Consulting Costs     17,952               17,952  
Total Consulting     17,952               17,952  
Total Costs and Expenses     246,834       10,502       257,336  
                         
OPERATING LOSS     (246,834 )     (10,502 )     (257,336 )
OTHER INCOME AND EXPENSES                        
Interest Income, Related Party             148       148  
Interest Income     148       (148 )     0  
Interest Expense, Related Party     0       (2,079 )     (2,079 )
Interest Expense     (2,897 )     (2,079 )     (818 )
Total Other Income ( Expenses)     (2,749 )             (2,749 )
NET INCOME (LOSS)     (249,583 )     (10,502 )     (260,085 )
Income Taxes     0               0  
NET INCOME (LOSS)     (249,583 )     (10,502 )     (260,085 )
BASIC AND FULLY DILUTED EARNINGS (LOSS) PER SHARE     (0.251 )             (0.026 )
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING     996,297               996,297  

 

  37  

 

Zander Therapeutics, Inc            
STATEMENT OF CASH FLOWS            
             
             
   

 Year Ended

June 30,

2017 

  Adjustments   

Year Ended

June 30,

2017

(as restated)

CASH FLOWS FROM OPERATING ACTIVITIES                        
Net Income (Loss)     (249,583 )     (10,502 )     (260,085 )
Adjustments to reconcile net Income (loss) to net cash                        
Preferred Stock Issued for Expenses     750               750  
Common Stock Issued for Expenses     101,115       (101,115 )     0  
Changes in Operating Assets and Liabilities                        
Increase (Decrease) in Accrued Expenses     105,749       (100,000 )     5,749  
Net Cash provided by (used) in Operating Activities     (41,969 )     (211,617 )     (253,586 )
CASH FLOWS FROM FINANCING ACTIVITIES                        
Increase(Decrease) in Due to Shareholder     (101,115 )     101,115       0  
Increase (Decrease) in Contributed Capital     0       100,502       110,502  
Increase (Decrease) in Notes Payable     119,089               119,089  
Common Stock Issued for Cash     120,000               120,000  
Net Cash provided by (used) in Financing Activities     137,974       211,617       349,591  
                         
Net Increase (Decrease) in Cash     96,005               96,005  
                         
Cash at Beginning of Period     0               0  
Cash at End of Period     96,005               96,005  
                         
Supplemental Disclosure of Noncash investing and financing activities:                        
Common Shares issued for Debt     101,115                  

  

  38  

 

Zander Therapeutics, Inc.

Statement of Shareholders Equity for the Fiscal Year ended June 30, 2017

      Contributed Capital  
      As originally Presented       Adjustments       As Restated  
Balance June 30, 2016     905       117,280       118,185  
Additions to Contributed                        
capital Fiscal Year Ended                        
June 30, 2017     0       110,502       110,502  
Balance June 30, 2017     905       227,782       228,687  
                         
      Retained Deficit  
      As originally Presented       Adjustments       As Restated  
Net Loss for Year Ended June 30, 2017     (249,583 )     (10,502 )     (260,085 )
Balance June 30, 2017     (351,603 )     (230,193 )     (581,796 )

 

  39  

XML 34 R15.htm IDEA: XBRL DOCUMENT v3.10.0.1
Subsequent Events
12 Months Ended
Jun. 30, 2018
Subsequent Events [Abstract]  
Subsequent Events

NOTE 9. SUBSEQUENT EVENTS  

On July 3, 2018 Zander Therapeutics, Inc. (“Zander”) purchased 3,500,000 of the Series A preferred Shares of Regen Biopharma, Inc. (“Shares”) owned by Entest Group, Inc. from Entest Group, Inc. (“Owner”) for the price of $35,000 USD cash.

David R. Koos, who serves as Chairman and Chief Executive Officer of Zander also serves as Chairman and Chief Executive Officer of Entest. Zander is under common control with Entest. Zander is a 36% owned subsidiary of Entest as of June 30, 2018.

David R. Koos, who serves as Chairman and Chief Executive Officer of Regen Biopharma, Inc. also serves as Chairman and Chief Executive Officer of Zander. Regen Biopharma, Inc. is under common control with Zander.

On July 3, 2018 Zander entered into a sublease agreement with Entest whereby Zander would sublet office space located at 4700 Spring Street, Suite 304, La Mesa, California 91942 from Entest on a month to month basis for $6,000 per month beginning July 5, 2018.

David R. Koos, who serves as Chairman and Chief Executive Officer of Zander also serves as Chairman and Chief Executive Officer of Entest. Zander is under common control with Entest. Zander is a 36% owned subsidiary of Entest as of June 30, 2018.

On July 12, 2018 Zander sold 50,000 of its common shares for consideration of $100,000

On August 21, 2018 the Company sold 500,000 of its common shares for consideration of $500,000

On August 21, 2018 the Company sold 50,000 of its common shares for consideration of $100,000

On September 6, 2018 the Company issued 250,000 of its common shares to a member of the Company’s Business Advisory Board as consideration for services.

On September 6, 2018 the Company issued 100,000 of its common shares for consideration of $100,000

On September 6, 2018 the Company issued 50,000 of its common shares for consideration of $100,000

On September 6, 2018 the Company issued 275,000 of its common shares to the Chairman of the Company’s Business Advisory Board as consideration for services.

XML 35 R16.htm IDEA: XBRL DOCUMENT v3.10.0.1
Organization and Summary of Significant Accounting Policies (Policies)
12 Months Ended
Jun. 30, 2018
Accounting Policies [Abstract]  
BASIS OF ACCOUNTING

A. BASIS OF ACCOUNTING

 

The financial statements have been prepared using the basis of accounting generally accepted in the United States of America. Under this basis of accounting, revenues are recorded as earned and expenses are recorded at the time liabilities are incurred. The Company has adopted a June 30year-end.

USE OF ESTIMATES

B. 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. Actual results could differ from those estimates.

CASH EQUIVALENTS

C. CASH EQUIVALENTS

 

The Company considers all highly liquid investments with a maturity of three months or less when purchased to be cash equivalents.

PROPERTY AND EQUIPMENT

D. PROPERTY AND EQUIPMENT

 

Property and equipment are recorded at cost. Maintenance and repairs are expensed in the year in which they are incurred. Expenditures that enhance the value of property and equipment are capitalized.

FAIR VALUE OF FINANCIAL INSTRUMENTS

E. FAIR VALUE OF FINANCIAL INSTRUMENTS

 

Fair value is the price that would be received for an asset or the exit price that would be paid to transfer a liability in the principal or most advantageous market in an orderly transaction between market participants on the measurement date.  A fair value hierarchy requires an entity to maximize the use of observable inputs, where available. The following summarizes the three levels of inputs required by the standard that the Company uses to measure fair value:

 

Level 1:  Quoted prices in active markets for identical assets or liabilities

 

Level 2:  Observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the related assets or liabilities.

 

Level 3:  Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities

INCOME TAXES

F. INCOME TAXES

 

The Company accounts for income taxes using the liability method prescribed by ASC 740, “Income Taxes.” Under this method, deferred tax assets and liabilities are determined based on the difference between the financial reporting and tax bases of assets and liabilities using enacted tax rates that will be in effect in the year in which the differences are expected to reverse. The Company records a valuation allowance to offset deferred tax assets if based on the weight of available evidence, it is more-likely-than-not that some portion, or all, of the deferred tax assets will not be realized. The effect on deferred taxes of a change in tax rates is recognized as income or loss in the period that includes the enactment date.

 

The Company applied the provisions of ASC 740-10-50, “Accounting For Uncertainty In Income Taxes”, which provides clarification related to the process associated with accounting for uncertain tax positions recognized in our financial statements. Audit periods remain open for review until the statute of limitations has passed. The completion of review or the expiration of the statute of limitations for a given audit period could result in an adjustment to the Company’s liability for income taxes. Any such adjustment could be material to the Company’s results of operations for any given quarterly or annual period based, in part, upon the results of operations for the given period. As of June 30, 2018 the Company had no uncertain tax positions, and will continue to evaluate for uncertain positions in the future.

 

The Company generated a deferred tax credit through net operating loss carry forward.  However, a valuation allowance of 100% has been established.

 

Interest and penalties on tax deficiencies recognized in accordance with ACS accounting standards are classified as income taxes in accordance with ASC Topic 740-10-50-19.

BASIC EARNINGS (LOSS) PER SHARE

G.  BASIC EARNINGS (LOSS) PER SHARE

 

The Financial Accounting Standards Board (FASB) issued Accounting Standards Codification (ASC) 260, "Earnings Per Share", which specifies the computation, presentation and disclosure requirements for earnings (loss) per share for entities with publicly held common stock. ASC 260 requires the presentation of basic earnings (loss) per share and diluted earnings (loss) per share. The Company has adopted the provisions of ASC 260 effective from inception.

 

Basic net loss per share amounts is computed by dividing the net income by the weighted average number of common shares outstanding.

ADVERTISING

H. ADVERTISING

 

Costs associated with advertising are charged to expense as incurred. Advertising expenses were $0 for the years ended June 30, 2018 and June 30, 2017.

RESEARCH AND DEVELOPMENT COSTS

I. RESEARCH AND DEVELOPMENT COSTS

 

Research and development expenses relate primarily to the cost of discovery and research programs. Research and development costs are charged to expense as incurred. Research and development expenses consist mainly of License Fees paid to Regen Biopharma, Inc, fees paid to Contract Research Organizations (“CRO”) conducting studies on the Company’s behalf, and fees paid to consultants conducting research studies.

 

License Fees paid to Regen Biopharma, Inc. are accrued over the course of the reporting period. The Companies make payments to CROs based on agreed-upon terms and the Company generally accrues expenses based on services performed or over the term of the agreement, as applicable.

STOCK BASED COMPENSATION

J. STOCK BASED COMPENSATION

 

Stock issued for Non-Employee Services

 

Stock Based compensation to non-employees is accounted for in accordance with ASC 505-50. ASC 505-50 requires entities to account for non-employee equity transactions based on either the fair value of the services received or the fair value of the equity instrument issued utilizing whichever measurement is most reliable. Stock issued for compensation to non employees during the quarter ended September 30, 2017 were accounted for at the fair value of the equity instruments issued as there were no dollar amounts billed to the Company for services rendered by the non employees .

 

In determining the Fair Value of shares issued as compensation, the Company took into account factors including the financial condition of the Company at the time of grant , the Company’s lack of profitability, the frequency and amount of cash sales of the Company’s stock, and the Company’s negative working capital as of the time of grant.

 

Pursuant to ASC 505-50-30-11 an issuer shall measure the fair value of the equity instruments in these transactions using the stock price and other measurement assumptions as of the earlier of the following dates, referred to as the measurement date:

i.        The date at which a commitment for performance by the counterparty to earn the equity instruments is reached (a performance commitment); and

ii.        The date at which the counterparty’s performance is complete.

 

The Company has assessed that the date of issuance of the stock grant constituted commitment for performance therefore stock grants to nonemployees issued during the period were measured as of the issue date.

 

The following Summarizes the Company’s issuance of stock for nonemployee services for the quarter ended September 30, 2017:

 

Series M Preferred  Shares        
    Number of Shares   Weighted Average Fair Value
Balance July 1, 2016        
Unvested Shares     0          
Vested Shares     6,000,000       600  
Total July 1, 2017     6,000,000       600  
Shares Issued Vested     1,500,000       150  
Balance June 30, 2018     7,500,000       750  

 

Common Shares                
      Number of Shares       Weighted Average Fair Value  
Balance July 1, 2016                
Unvested Shares     0          
Vested Shares     0          
Total July 1, 2017     0          
Shares Issued Vested     500,000       50  
Balance June  30, 2018      500,000       50  

  

In determining Fair Value for shares issued to nonemployees an asset based valuation method was utilized , specifically Enterprise Value(Assets Less Cash and Cash Equivalents plus Fair Value of Debt) less Fair Value of Debt. The following inputs were utilized.

CONCENTRATION OF CREDIT RISK

K. CONCENTRATION OF CREDIT RISK

 

As of June 30, 2018 the Company held $370,313 in one depository institution. The standard deposit insurance coverage limit is $250,000 per depositor, per FDIC-insured bank, per ownership category. Any and all amounts above the insured limit is at risk of loss.

XML 36 R17.htm IDEA: XBRL DOCUMENT v3.10.0.1
Organization and Summary of Significant Accounting Policies (Tables)
12 Months Ended
Jun. 30, 2018
Accounting Policies [Abstract]  
Summary of issuance of stock for nonemployee servives
Series M Preferred  Shares        
    Number of Shares   Weighted Average Fair Value
Balance July 1, 2016        
Unvested Shares     0          
Vested Shares     6,000,000       600  
Total July 1, 2017     6,000,000       600  
Shares Issued Vested     1,500,000       150  
Balance June 30, 2018     7,500,000       750  

 

Common Shares                
      Number of Shares       Weighted Average Fair Value  
Balance July 1, 2016                
Unvested Shares     0          
Vested Shares     0          
Total July 1, 2017     0          
Shares Issued Vested     500,000       50  
Balance June  30, 2018      500,000       50  
Fair Vale of shares issued to nonemployees
Fair Value of  Intellectual Property as of July 10, 2017   $ 1145  
Notes Payable as of July 10, 2017   $ 119.089  
Accrued Expenses as of July 10, 2017   $ 106,499  
Enterprise Value as of July 10, 2017 (subtotal)   $ 226,733  
Less Total Debt:   $ (225,588 )
Portion of Enterprise Value attributable to Shareholders:   $ 1,145  
Per Shares Portion of Enterprise Value attributable to Shareholders   $ 0.000102  

 

1,400,000 of the Series M Preferred Shares of the Company issued August 21, 2017

 

Fair Value of  Intellectual Property as of August 21, 2017   $ 1145  
Notes Payable as of August 21, 2017   $ 221,941  
Accrued Expenses as of August 21, 2017   $ 5,349  
Enterprise Value as of August 21, 2017(subtotal)   $ 228,435  
Less Total Debt   $ (227,290 )
Portion of Enterprise Value attributable to Shareholders :   $ 1,145  
Per Share Portion of Enterprise Value attributable to Shareholders   $ 0.00009  
Summare of stock based compensation to employees
Series AA Preferred  Shares  
    Number of Shares       Weighted Average Fair Value  
Balance July 1, 2016              
Unvested Shares   0          
Vested Shares   0          
Total July 1, 2017   0          
Vested Shares Issued   200       3.6.  
Balance 6/30/2018   200       3.6  
Fair value for shares issed to employees
Fair Value of  Intellectual Property as of September 15, 2017   $ 1145  
Notes Payable as of September 15, 2017   $ 216,941  
Accrued Expenses as of September 15, 2017   $ 6,848  
Enterprise Value   $ 224,934  
Per Share Portion of Enterprise Value attributable to Shareholders   $ 0.018  
XML 37 R18.htm IDEA: XBRL DOCUMENT v3.10.0.1
Income Taxes (Tables)
12 Months Ended
Jun. 30, 2018
Income Tax Disclosure [Abstract]  
Deferred tax assets
Deferred tax assets:    
Net operating tax carry forwards   $ 580,293  
Other     -0-  
Gross deferred tax assets     580,293  
Valuation allowance     (580,293 )
Net deferred tax assets   $ -0-  
XML 38 R19.htm IDEA: XBRL DOCUMENT v3.10.0.1
Restatement of Previously Issued Financial Statements (Tables)
12 Months Ended
Jun. 30, 2018
Equity [Abstract]  
Restatement of Balance Sheet
ZANDER THERAPEUTICS, INC.            
BALANCE SHEET            
             
             
   

 As of

June 30,

2017 

  Adjustments   

As of

June 30,

2017

 (as restated)

ASSETS                        
CURRENT ASSETS                        
Cash     96,005               96,005  
                         
Total Current Assets     96,005               96,005  
                         
Total Assets     96,005               96,005  
LIABILITIES                        
Current Liabilities:                        
Notes Payable     119,089       (119,089 )     0  
Notes Payable, Related Party     0       119,089       119,089  
Accrued Expenses, Related Parties     0       107,343       107,343  
Accrued Expenses     105,749       104,931       818  
Total Liabilities     224,838               227,250  
                         
STOCKHOLDER'S EQUITY                        
Common Stock, Authorized 100,000,000, $0.0001 Par Value                        
3,008,001 shares issued and outstanding as of June 30, 2017     301               301  
Preferred Stock, $0.0001 par value  Authorized  50,000,000 as of June 30 2017                        
Series M Preferred Stock, $0.0001 par,  Authorized 10,000,000 as of June 30, 20170 shares and 7,500,000 shares outstanding as of June 30, 2016 and June 30, 2017 Respectively     750               750  
Common Stock subscribed for but unissued , 0 and 100,000 shares as of June 30, 2016 and 2017 respectively     100,000               100,000  
Additional Paid In Capital     120,814               120,814  
Contributed Capital, Related Party     905       227,782       228,687  
Retained Deficit     (351,603 )     (230,193 )     (581,796 )
Total Stockholder's Equity     (128,833 )             (131,244 )
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY     96,005               96,005  
Restatement of Statement of Operations
Zander Therapeutics, Inc            
STATEMENT OF OPERATIONS            
             
             
   

Year Ended

June 30,

2017 

  Adjustments  

Year Ended

June 30,

2017

(as restated) 

TOTAL REVENUES     0               0  
COSTS AND EXPENSES                        
Research and Development:                        
Research and Development:     224,600       (224,600 )     0  
License Fees Due to Related Party             110,000       110,000  
Consulting Costs             2,000       2,000  
Contract Research Fees             12,600       12,600  
Total Research and Development     224,600               124,600  
General and Administrative:                        
General and Administrative, Paid By Related Party     0       72,000       72,000  
Stock Payments to Related Party             650       650  
General and Administrative     4,282       (650 )     3,632  
Total General and Administrative     4,282       72,000       76,282  
Rent, Paid By Related Party     0       38,502       38,502  
Consulting:                        
Consulting Costs     17,952               17,952  
Total Consulting     17,952               17,952  
Total Costs and Expenses     246,834       10,502       257,336  
                         
OPERATING LOSS     (246,834 )     (10,502 )     (257,336 )
OTHER INCOME AND EXPENSES                        
Interest Income, Related Party             148       148  
Interest Income     148       (148 )     0  
Interest Expense, Related Party     0       (2,079 )     (2,079 )
Interest Expense     (2,897 )     (2,079 )     (818 )
Total Other Income ( Expenses)     (2,749 )             (2,749 )
NET INCOME (LOSS)     (249,583 )     (10,502 )     (260,085 )
Income Taxes     0               0  
NET INCOME (LOSS)     (249,583 )     (10,502 )     (260,085 )
BASIC AND FULLY DILUTED EARNINGS (LOSS) PER SHARE     (0.251 )             (0.026 )
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING     996,297               996,297  
Restatement of Cashflows
Zander Therapeutics, Inc            
STATEMENT OF CASH FLOWS            
             
             
   

 Year Ended

June 30,

2017 

  Adjustments   

Year Ended

June 30,

2017

(as restated)

CASH FLOWS FROM OPERATING ACTIVITIES                        
Net Income (Loss)     (249,583 )     (10,502 )     (260,085 )
Adjustments to reconcile net Income (loss) to net cash                        
Preferred Stock Issued for Expenses     750               750  
Common Stock Issued for Expenses     101,115       (101,115 )     0  
Changes in Operating Assets and Liabilities                        
Increase (Decrease) in Accrued Expenses     105,749       (100,000 )     5,749  
Net Cash provided by (used) in Operating Activities     (41,969 )     (211,617 )     (253,586 )
CASH FLOWS FROM FINANCING ACTIVITIES                        
Increase(Decrease) in Due to Shareholder     (101,115 )     101,115       0  
Increase (Decrease) in Contributed Capital     0       100,502       110,502  
Increase (Decrease) in Notes Payable     119,089               119,089  
Common Stock Issued for Cash     120,000               120,000  
Net Cash provided by (used) in Financing Activities     137,974       211,617       349,591  
                         
Net Increase (Decrease) in Cash     96,005               96,005  
                         
Cash at Beginning of Period     0               0  
Cash at End of Period     96,005               96,005  
                         
Supplemental Disclosure of Noncash investing and financing activities:                        
Common Shares issued for Debt     101,115                  
Restatement of Statement of Shareholders Equity
      Contributed Capital  
      As originally Presented       Adjustments       As Restated  
Balance June 30, 2016     905       117,280       118,185  
Additions to Contributed                        
capital Fiscal Year Ended                        
June 30, 2017     0       110,502       110,502  
Balance June 30, 2017     905       227,782       228,687  
                         
      Retained Deficit  
      As originally Presented       Adjustments       As Restated  
Net Loss for Year Ended June 30, 2017     (249,583 )     (10,502 )     (260,085 )
Balance June 30, 2017     (351,603 )     (230,193 )     (581,796 )
XML 39 R20.htm IDEA: XBRL DOCUMENT v3.10.0.1
Organization and Summary of Significant Accounting Policies - Summary of issuance of stock for nonemployee servives (Details) - USD ($)
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2016
Common Stock      
Unvested Shares     0
Vested Shares     0
Series M Preferred Stock      
Unvested Shares     0
Vested Shares 7,500,000 1,500,000 6,000,000
Vested Shares, Weighted Average Fair Value $ 750 $ 150 $ 600
Common Stock      
Vested Shares 0 500,000  
Vested Shares, Weighted Average Fair Value   $ 50  
XML 40 R21.htm IDEA: XBRL DOCUMENT v3.10.0.1
Organization and Summary of Significant Accounting Policies - Fair Vale of shares issued to nonemployees (Details) - USD ($)
Aug. 20, 2017
Jul. 09, 2017
Common Stock    
Fair Value of Intellectual Property   $ 1,145
Notes Payable   119,089
Accrued Expenses   106,499
Enterprise Value   226,733
Less Total Debt:   (225,588)
Portion of Enterprise Value attributable to Shareholders   $ 1,145
Per Shares Portion of Enterprise Value attributable to Shareholders   $ 0.000102
Series M Preferred Stock    
Fair Value of Intellectual Property $ 1,145  
Notes Payable 221,941  
Accrued Expenses 5,349  
Enterprise Value 228,435  
Less Total Debt: (227,290)  
Portion of Enterprise Value attributable to Shareholders $ 1,145  
Per Shares Portion of Enterprise Value attributable to Shareholders $ 0.00009  
XML 41 R22.htm IDEA: XBRL DOCUMENT v3.10.0.1
Organization and Summary of Significant Accounting Policies - Summare of stock based compensation to employees (Details) - Series AA Preferred Stock - USD ($)
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2016
Unvested Shares 0    
Vested Shares 0 0 200
Vested Shares, Weighted Average Fair Value     $ 4
XML 42 R23.htm IDEA: XBRL DOCUMENT v3.10.0.1
Organization and Summary of Significant Accounting Policies - Fair value for shares issed to employees (Details) - Series AA Preferred Stock
Sep. 15, 2017
USD ($)
$ / shares
Fair Value of Intellectual Property $ 1,145
Notes Payable 216,941
Accrued Expenses 6,848
Enterprise Value $ 224,934
Per Shares Portion of Enterprise Value attributable to Shareholders | $ / shares $ 0.018
XML 43 R24.htm IDEA: XBRL DOCUMENT v3.10.0.1
Organization and Summary of Significant Accounting Policies (Details Narrative) - USD ($)
12 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Oct. 30, 2018
Sep. 06, 2018
Aug. 21, 2018
Jul. 12, 2018
Feb. 27, 2018
Feb. 05, 2018
Sep. 15, 2017
Aug. 20, 2017
Jul. 09, 2017
Mar. 01, 2017
Advertising expense $ 0 $ 0                    
Common Stock                        
Shares issued     900,000 100,000 500,000 50,000 150,000 100,000     500,000 3,000,000
Series M Preferred Stock                        
Shares issued                   1,400,000    
Series AA Preferred Stock                        
Shares issued                 200      
XML 44 R25.htm IDEA: XBRL DOCUMENT v3.10.0.1
Going Concern (Details Narrative) - USD ($)
12 Months Ended 36 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]      
Net Income (Loss) $ (2,181,505) $ (260,085) $ (2,763,302)
Sale of equity securities for cash $ 1,500,000   $ 1,500,000
XML 45 R26.htm IDEA: XBRL DOCUMENT v3.10.0.1
Income Taxes - Income Taxes (Details)
Jun. 30, 2018
USD ($)
Deferred tax assets:  
Net operating tax carry forwards $ 580,293
Other 0
Gross deferred tax assets 580,293
Valuation allowance (580,293)
Net deferred tax assets $ 0
XML 46 R27.htm IDEA: XBRL DOCUMENT v3.10.0.1
Income Taxes (Details Narrative)
12 Months Ended
Jun. 30, 2018
USD ($)
Income Tax Disclosure [Abstract]  
Deferred tax assets $ 580,293
Net operating loss carry forwards $ 2,763,302
Federal corporate rate 21.00%
XML 47 R28.htm IDEA: XBRL DOCUMENT v3.10.0.1
Related Party Transactions (Details Narrative) - USD ($)
3 Months Ended 12 Months Ended 36 Months Ended
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Oct. 30, 2018
Sep. 06, 2018
Aug. 21, 2018
Jul. 12, 2018
Feb. 27, 2018
Feb. 05, 2018
Aug. 20, 2017
Jul. 24, 2017
Jul. 09, 2017
Jun. 15, 2017
Mar. 01, 2017
Contributed capital $ 413,878       $ 413,878   $ 413,878                      
License fee             $ 100,000                      
Royalty payments   $ 20,000 $ 58,000                              
Anniversery payment   90,000                                
Principal Payments 11,441 $ 90,000 $ 97,500 $ 23,000   $ 69,000                        
Interest Payments 12,642       12,642                          
Payments for equity $ 35,000                                  
Series A Preferred Shares purchased 3,500,000                                  
Rental Expense         36,792                          
General and Administrative Expenses Paid By A Related Party         $ 68,600                          
Non Voting Convertible Preferred Stock                                    
Shares issued                             102,852      
Shares issued, value                             $ 102,852      
Common Stock                                    
Shares issued               900,000 100,000 500,000 50,000 150,000 100,000     500,000   3,000,000
Shares issued, value               $ 900,000 $ 100,000 $ 500,000 $ 100,000 $ 300,000 $ 200,000         $ 101,115
Series M Preferred Stock                                    
Shares issued                           1,400,000        
Series M Preferred Stock | Entest Group, Inc.                                    
Shares issued                                 5,000,000  
Series M Preferred Stock | David Koos                                    
Shares issued                                 500,000  
Series M Preferred Stock | Todd Caven                                    
Shares issued                                 500,000  
XML 48 R29.htm IDEA: XBRL DOCUMENT v3.10.0.1
Stockholders' Equity (Details Narrative) - $ / shares
Jun. 30, 2018
Jun. 30, 2017
Common stock, par value (in dollars per share) $ 0.0001 $ 0.0001
Common stock, shares authorized 100,000,000 100,000,000
Common stock, shares issued 4,758,001 3,008,001
Common stock, shares outstanding 4,758,001 3,008,001
Common stock subscribed for but unissued 100,000 100,000
Preferred stock, par value $ 0.0001 $ 0.0001
Preferred stock, shares authorized 50,000,000 50,000,000
Series M Preferred Stock    
Preferred stock, par value $ 0.0001 $ 0.0001
Preferred stock, shares authorized 10,000,000 10,000,000
Preferred stock, shares issued 9,000,000 7,500,000
Preferred stock, shares outstanding 9,000,000 7,500,000
Series AA Preferred Stock    
Preferred stock, par value $ .0001 $ 0.0001
Preferred stock, shares authorized 1,000,000 0
Preferred stock, shares issued 200 0
Preferred stock, shares outstanding 200 0
XML 49 R30.htm IDEA: XBRL DOCUMENT v3.10.0.1
Stock Transactions (Details Narrative) - USD ($)
12 Months Ended
Jun. 30, 2018
Oct. 30, 2018
Sep. 06, 2018
Aug. 21, 2018
Jul. 12, 2018
Feb. 27, 2018
Feb. 05, 2018
Sep. 15, 2017
Aug. 20, 2017
Jul. 09, 2017
Mar. 01, 2017
Common Stock                      
Shares issued   900,000 100,000 500,000 50,000 150,000 100,000     500,000 3,000,000
Shares issued, value   $ 900,000 $ 100,000 $ 500,000 $ 100,000 $ 300,000 $ 200,000       $ 101,115
Common Stock | Chairman of the Company's Business Advisory Board #2                      
Shares issued                   500,000  
Issuance expense                   $ 50  
Agreement Terms
(a)   The Chairman shall, for so long as he remains a member of the Business Advisory Board, meet with Zander upon written request, at dates and times mutually agreeable to the Chairman and Zander, to discuss any matter involving Zander or its Subsidiaries

 

(b)   Identify and introduce to Zander persons to serve as members of Zander's Business Advisory Board ("Advisory Candidates").

 

(c)   Identify and introduce to Zander potential purchasers of Zander's securities.

 

Pursuant to the Agreement:

(i)   The Chairman received 500,000 of the common shares of Zander.

 

(ii)   In the event that an Advisory Candidate identified and introduced by The Chairman to Zander serves as a member of the Business Advisory Board of Zander, The Chairman shall receive, ten business days subsequent to the completion of 12 months service by the Advisory Candidate as a member of the Business Advisory Board of Zander, a fee paid in the common shares of Zander, equal to 5% of any shares of Zander issued to the Advisory Candidate.
                   
Series M Preferred Stock                      
Shares issued                 1,400,000    
Issuance expense                 $ 50    
Series M Preferred Stock | August Member Agreement                      
Shares issued                   100,000  
Issuance expense                   $ 10  
Agreement Terms

(a) the member shall advise Zander on various nominal matters regarding veterinary. ''Nominal" is defined as periodic conversations in which the member is asked for a referral to an appropriate researcher on a specific topic or input on research data Zander is developing.

(b) In the event the member is requested to provide research services, such services will be negotiated separately between the member and the Company.

 

The term of the August Member Agreement is from August 17, 2017 to August 18, 2018.

                   
Series AA Preferred Stock                      
Shares issued               200      
XML 50 R31.htm IDEA: XBRL DOCUMENT v3.10.0.1
Restatement of Previously Issued Financial Statements - Restatement of Balance Sheet (Details) - USD ($)
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2016
CURRENT ASSETS      
Cash $ 370,313    
Total Current Assets 472,202    
Total Assets 472,202    
Current Liabilities:      
Notes Payable, Related Party 0    
Accrued Expenses, Related Parties    
Accrued Expenses 11,593    
Total Liabilities 1,099,562    
STOCKHOLDER'S EQUITY      
Common Stock, Authorized 100,000,000, $0.0001 Par Value 3,008,001 shares issued and outstanding as of June 30, 2017 475    
Preferred Stock, $0.0001 par value Authorized 50,000,000 as of June 30, 2017    
Common Stock subscribed for but unissued , 100000 and 100,000 shares as of June 30, 2016 and June 30, 2017 100,000    
Additional Paid In Capital 1,620,689    
Contributed Capital, Related Party 413,878    
Retained Deficit (2,763,302)    
Total Stockholder's Equity (627,358) $ (131,244) $ (203,526)
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY $ 472,202    
Originally Reported      
CURRENT ASSETS      
Cash   96,005  
Total Current Assets   96,005  
Total Assets   96,005  
Current Liabilities:      
Notes Payable   119,089  
Notes Payable, Related Party   0  
Accrued Expenses, Related Parties   0  
Accrued Expenses   105,749  
Total Liabilities   224,838  
STOCKHOLDER'S EQUITY      
Common Stock, Authorized 100,000,000, $0.0001 Par Value 3,008,001 shares issued and outstanding as of June 30, 2017   301  
Preferred Stock, $0.0001 par value Authorized 50,000,000 as of June 30, 2017    
Series M Preferred Stock, $0.0001 par, Authorized 10,000,000 as of June 30, 20170 shares and 7,500,000 shares outstanding as of June 30, 2016 and June 30, 2017 Respectively   750  
Common Stock subscribed for but unissued , 100000 and 100,000 shares as of June 30, 2016 and June 30, 2017   100,000  
Additional Paid In Capital   120,814  
Contributed Capital, Related Party   905  
Retained Deficit   (351,603)  
Total Stockholder's Equity   (128,833)  
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY   96,005  
Adjustments      
Current Liabilities:      
Notes Payable   (119,089)  
Notes Payable, Related Party   119,089  
Accrued Expenses, Related Parties   107,343  
Accrued Expenses   104,931  
STOCKHOLDER'S EQUITY      
Contributed Capital, Related Party   227,782  
Retained Deficit   (230,193)  
Restatement      
CURRENT ASSETS      
Cash   96,005  
Total Current Assets   96,005  
Total Assets   96,005  
Current Liabilities:      
Notes Payable   0  
Notes Payable, Related Party   119,089  
Accrued Expenses, Related Parties   107,343  
Accrued Expenses   818  
Total Liabilities   227,250  
STOCKHOLDER'S EQUITY      
Common Stock, Authorized 100,000,000, $0.0001 Par Value 3,008,001 shares issued and outstanding as of June 30, 2017   301  
Preferred Stock, $0.0001 par value Authorized 50,000,000 as of June 30, 2017    
Series M Preferred Stock, $0.0001 par, Authorized 10,000,000 as of June 30, 20170 shares and 7,500,000 shares outstanding as of June 30, 2016 and June 30, 2017 Respectively   750  
Common Stock subscribed for but unissued , 100000 and 100,000 shares as of June 30, 2016 and June 30, 2017   100,000  
Additional Paid In Capital   120,814  
Contributed Capital, Related Party   228,687  
Retained Deficit   (581,796)  
Total Stockholder's Equity   (131,244)  
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY   $ 96,005  
XML 51 R32.htm IDEA: XBRL DOCUMENT v3.10.0.1
Restatement of Previously Issued Financial Statements - Restatement of Statement of Operations (Details) - USD ($)
12 Months Ended 36 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
TOTAL REVENUES    
Research and Development:      
License Fees Due to Related Party 100,000    
Contract Research Fees 1,569,584    
Consulting Costs 150    
Total Research and Development 1,669,734    
General and Administrative:      
General and Administrative, Paid By Related Party 68,600    
Stock Payments to Related Party    
General and Administrative 67,097    
Total General and Administrative 135,697    
Rent, Paid By Related Party 36,792    
Consulting:      
Consulting Costs 249,569    
Total Consulting 329,368    
Total Costs and Expenses 2,171,592    
OPERATING LOSS (2,171,592)    
OTHER INCOME AND EXPENSES      
Interest Income, Related Party    
Interest Expense, Related Party 9,913    
Interest Expense    
Total Other Income ( Expenses) (9,913)    
NET INCOME (LOSS) (2,181,505)    
Income Taxes    
NET INCOME (LOSS) $ (2,181,505) $ (260,085) $ (2,763,302)
BASIC AND FULLY DILUTED EARNINGS (LOSS) PER SHARE $ (.51)    
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING 4,281,267    
Originally Reported      
TOTAL REVENUES    
Research and Development:      
Research and Development   224,600  
Total Research and Development   224,600  
General and Administrative:      
General and Administrative, Paid By Related Party   0  
General and Administrative   4,282  
Total General and Administrative   4,282  
Rent, Paid By Related Party   0  
Consulting:      
Consulting Costs   17,952  
Total Consulting   17,952  
Total Costs and Expenses   246,834  
OPERATING LOSS   (246,834)  
OTHER INCOME AND EXPENSES      
Interest Income   148  
Interest Expense, Related Party   0  
Interest Expense   (2,897)  
Total Other Income ( Expenses)   (2,749)  
NET INCOME (LOSS)   (249,583)  
Income Taxes    
NET INCOME (LOSS)   $ (249,583)  
BASIC AND FULLY DILUTED EARNINGS (LOSS) PER SHARE   $ (0.251)  
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING   996,297  
Adjustments      
Research and Development:      
Research and Development   $ (224,600)  
License Fees Due to Related Party   110,000  
Contract Research Fees   12,600  
Consulting Costs   2,000  
General and Administrative:      
General and Administrative, Paid By Related Party   72,000  
Stock Payments to Related Party   650  
General and Administrative   (650)  
Total General and Administrative   72,000  
Rent, Paid By Related Party   38,502  
Consulting:      
Total Costs and Expenses   10,502  
OPERATING LOSS   (10,502)  
OTHER INCOME AND EXPENSES      
Interest Income, Related Party   148  
Interest Income   (148)  
Interest Expense, Related Party   (2,079)  
Interest Expense   (2,079)  
NET INCOME (LOSS)   (10,502)  
NET INCOME (LOSS)   (10,502)  
Restatement      
TOTAL REVENUES    
Research and Development:      
Research and Development   0  
License Fees Due to Related Party   110,000  
Contract Research Fees   12,600  
Consulting Costs   2,000  
Total Research and Development   124,600  
General and Administrative:      
General and Administrative, Paid By Related Party   72,000  
Stock Payments to Related Party   650  
General and Administrative   3,632  
Total General and Administrative   76,282  
Rent, Paid By Related Party   38,502  
Consulting:      
Consulting Costs   17,952  
Total Consulting   17,952  
Total Costs and Expenses   257,336  
OPERATING LOSS   (257,336)  
OTHER INCOME AND EXPENSES      
Interest Income, Related Party   148  
Interest Income   0  
Interest Expense, Related Party   2,079  
Interest Expense   818  
Total Other Income ( Expenses)   (2,749)  
NET INCOME (LOSS)   (260,085)  
Income Taxes    
NET INCOME (LOSS)   $ (260,085)  
BASIC AND FULLY DILUTED EARNINGS (LOSS) PER SHARE   $ (0.261)  
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING   996,297  
XML 52 R33.htm IDEA: XBRL DOCUMENT v3.10.0.1
Restatement of Previously Issued Financial Statements - Restatement of Cashflows (Details) - USD ($)
12 Months Ended 36 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES      
Net Income (Loss) $ (2,181,505) $ (260,085) $ (2,763,302)
Changes in Operating Assets and Liabilities      
Increase (Decrease) in Accrued Expenses (96,565)    
Net Cash provided by (used) in Operating Activities (1,297,792)    
CASH FLOWS FROM FINANCING ACTIVITIES      
Increase (Decrease) in Contributed Capital 185,189    
Increase (Decrease) in Notes Payable (119,089)    
Common Stock Issued for Cash 1,500,000    
Net Cash provided by (used) in Financing Activities 1,566,100    
Net Increase (Decrease) in Cash 274,308    
Cash at Beginning of Period 96,005    
Cash at End of Period 370,313 96,005 $ 370,313
Supplemental Disclosure of Noncash investing and financing activities:      
Common Shares issued for Debt    
Originally Reported      
CASH FLOWS FROM OPERATING ACTIVITIES      
Net Income (Loss)   (249,583)  
Adjustments to reconcile net Income (loss) to net cash:      
Preferred Stock Issued for Expenses   750  
Common Stock Issued for Expenses   101,115  
Changes in Operating Assets and Liabilities      
Increase (Decrease) in Accrued Expenses   105,749  
Net Cash provided by (used) in Operating Activities   (41,969)  
CASH FLOWS FROM FINANCING ACTIVITIES      
Increase (Decrease) in Due to Shareholder   (101,115)  
Increase (Decrease) in Contributed Capital   0  
Increase (Decrease) in Notes Payable   119,089  
Common Stock Issued for Cash   120,000  
Net Cash provided by (used) in Financing Activities   137,974  
Net Increase (Decrease) in Cash   96,005  
Cash at Beginning of Period 96,005    
Cash at End of Period   96,005  
Supplemental Disclosure of Noncash investing and financing activities:      
Common Shares issued for Debt   101,115  
Adjustments      
CASH FLOWS FROM OPERATING ACTIVITIES      
Net Income (Loss)   (10,502)  
Adjustments to reconcile net Income (loss) to net cash:      
Common Stock Issued for Expenses   (101,115)  
Changes in Operating Assets and Liabilities      
Increase (Decrease) in Accrued Expenses   (100,000)  
Net Cash provided by (used) in Operating Activities   (211,617)  
CASH FLOWS FROM FINANCING ACTIVITIES      
Increase (Decrease) in Due to Shareholder   101,115  
Increase (Decrease) in Contributed Capital   100,502  
Net Cash provided by (used) in Financing Activities   211,617  
Restatement      
CASH FLOWS FROM OPERATING ACTIVITIES      
Net Income (Loss)   (260,085)  
Adjustments to reconcile net Income (loss) to net cash:      
Preferred Stock Issued for Expenses   750  
Common Stock Issued for Expenses   0  
Changes in Operating Assets and Liabilities      
Increase (Decrease) in Accrued Expenses   5,749  
Net Cash provided by (used) in Operating Activities   (253,586)  
CASH FLOWS FROM FINANCING ACTIVITIES      
Increase (Decrease) in Due to Shareholder   0  
Increase (Decrease) in Contributed Capital   110,502  
Increase (Decrease) in Notes Payable   119,089  
Common Stock Issued for Cash   120,000  
Net Cash provided by (used) in Financing Activities   349,591  
Net Increase (Decrease) in Cash   96,005  
Cash at Beginning of Period $ 96,005  
Cash at End of Period   96,005  
Supplemental Disclosure of Noncash investing and financing activities:      
Common Shares issued for Debt   $ 101,115  
XML 53 R34.htm IDEA: XBRL DOCUMENT v3.10.0.1
Restatement of Previously Issued Financial Statements - Restatement of Statement of Shareholders Equity (Details) - USD ($)
12 Months Ended 36 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Beginning balance, Amount $ (131,244) $ (203,526)  
Additions to Contributed Capital 185,191 110,502  
Net Income (Loss) (2,181,505) (260,085) $ (2,763,302)
Ending balance, Amount (627,358) (131,244) (627,358)
Adjustments      
Net Income (Loss)   (10,502)  
Contributed Capital      
Beginning balance, Amount 228,687 118,185  
Additions to Contributed Capital 185,191 110,502  
Ending balance, Amount 413,878 228,687 413,878
Contributed Capital | As Originally Presented      
Beginning balance, Amount 905 905  
Additions to Contributed Capital   0  
Ending balance, Amount   905  
Contributed Capital | Adjustments      
Beginning balance, Amount 227,782 227,782  
Additions to Contributed Capital   110,502  
Ending balance, Amount   227,782  
Retained Earnings      
Beginning balance, Amount (581,796) (321,711)  
Net Income (Loss) (2,181,505) (260,085)  
Ending balance, Amount (2,763,302) (581,796) $ (2,763,302)
Retained Earnings | As Originally Presented      
Beginning balance, Amount (351,603)    
Net Income (Loss)   (249,583)  
Ending balance, Amount   (351,603)  
Retained Earnings | Adjustments      
Beginning balance, Amount $ (230,193)    
Net Income (Loss)   (10,502)  
Ending balance, Amount   $ (230,193)  
XML 54 R35.htm IDEA: XBRL DOCUMENT v3.10.0.1
Subsequent Events (Details Narrative) - USD ($)
3 Months Ended
Sep. 24, 2018
Oct. 30, 2018
Sep. 06, 2018
Aug. 21, 2018
Jul. 12, 2018
Jul. 03, 2018
Feb. 27, 2018
Feb. 05, 2018
Jul. 09, 2017
Mar. 01, 2017
Monthly Rent Expense $ 6,000                  
Series A Preferred Stock | Regen Biopharma, Inc.                    
Shares purchased           3,500,000        
Shares purchased, value           $ 35,000        
Common Stock                    
Shares issued   900,000 100,000 500,000 50,000   150,000 100,000 500,000 3,000,000
Shares issued, value   $ 900,000 $ 100,000 $ 500,000 $ 100,000   $ 300,000 $ 200,000   $ 101,115
Common Stock | Chairman of the Company's Business Advisory Board                    
Shares issued     250,000              
Common Stock | Chairman of the Company's Business Advisory Board #2                    
Shares issued     275,000              
Common Stock 2                    
Shares issued     50,000 50,000            
Shares issued, value     $ 100,000 $ 100,000            
EXCEL 55 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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

&PO&POR8@! #^%0 &@ M@ &8P0 >&PO7W)E;',O=V]R:V)O;VLN>&UL+G)E;'-02P$"% ,4 " "] M33I-"3F(>YD! "!%@ $P @ %8PP 6T-O;G1E;G1?5'EP =97-=+GAM;%!+!08 + L .8+ BQ0 ! end XML 56 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.4.0.3 * */ var Show = {}; Show.LastAR = null, Show.hideAR = function(){ Show.LastAR.style.display = 'none'; }; Show.showAR = function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }; Show.toggleNext = function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }; XML 57 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 59 FilingSummary.xml IDEA: XBRL DOCUMENT 3.10.0.1 html 94 178 1 false 25 0 false 4 false false R1.htm 00000001 - Document - Document and Entity Information Sheet http://zandertherapeutics.com/role/DocumentAndEntityInformation Document and Entity Information Cover 1 false false R2.htm 00000002 - Statement - Balance Sheets Sheet http://zandertherapeutics.com/role/BalanceSheets Balance Sheets Statements 2 false false R3.htm 00000003 - Statement - Balance Sheets (Parenthetical) Sheet http://zandertherapeutics.com/role/BalanceSheetsParenthetical Balance Sheets (Parenthetical) Statements 3 false false R4.htm 00000004 - Statement - Statements of Operations Sheet http://zandertherapeutics.com/role/StatementsOfOperations Statements of Operations Statements 4 false false R5.htm 00000005 - Statement - Statements of Cash Flows Sheet http://zandertherapeutics.com/role/StatementsOfCashFlows Statements of Cash Flows Statements 5 false false R6.htm 00000006 - Statement - Shareholders Equity Sheet http://zandertherapeutics.com/role/ShareholdersEquity Shareholders Equity Statements 6 false false R7.htm 00000007 - Disclosure - Organization and Summary of Significant Accounting Policies Sheet http://zandertherapeutics.com/role/OrganizationAndSummaryOfSignificantAccountingPolicies Organization and Summary of Significant Accounting Policies Notes 7 false false R8.htm 00000008 - Disclosure - Recent Accounting Pronouncements Sheet http://zandertherapeutics.com/role/RecentAccountingPronouncements Recent Accounting Pronouncements Notes 8 false false R9.htm 00000009 - Disclosure - Going Concern Sheet http://zandertherapeutics.com/role/GoingConcern Going Concern Notes 9 false false R10.htm 00000010 - Disclosure - Income Taxes Sheet http://zandertherapeutics.com/role/IncomeTaxes Income Taxes Notes 10 false false R11.htm 00000011 - Disclosure - Related Party Transactions Sheet http://zandertherapeutics.com/role/RelatedPartyTransactions Related Party Transactions Notes 11 false false R12.htm 00000012 - Disclosure - Stockholders' Equity Sheet http://zandertherapeutics.com/role/StockholdersEquity Stockholders' Equity Notes 12 false false R13.htm 00000013 - Disclosure - Stock Transactions Sheet http://zandertherapeutics.com/role/StockTransactions Stock Transactions Notes 13 false false R14.htm 00000014 - Disclosure - Restatement of Previously Issued Financial Statements Sheet http://zandertherapeutics.com/role/RestatementOfPreviouslyIssuedFinancialStatements Restatement of Previously Issued Financial Statements Notes 14 false false R15.htm 00000015 - Disclosure - Subsequent Events Sheet http://zandertherapeutics.com/role/SubsequentEvents Subsequent Events Notes 15 false false R16.htm 00000016 - Disclosure - Organization and Summary of Significant Accounting Policies (Policies) Sheet http://zandertherapeutics.com/role/OrganizationAndSummaryOfSignificantAccountingPoliciesPolicies Organization and Summary of Significant Accounting Policies (Policies) Policies http://zandertherapeutics.com/role/OrganizationAndSummaryOfSignificantAccountingPolicies 16 false false R17.htm 00000017 - Disclosure - Organization and Summary of Significant Accounting Policies (Tables) Sheet http://zandertherapeutics.com/role/OrganizationAndSummaryOfSignificantAccountingPoliciesTables Organization and Summary of Significant Accounting Policies (Tables) Tables http://zandertherapeutics.com/role/OrganizationAndSummaryOfSignificantAccountingPolicies 17 false false R18.htm 00000018 - Disclosure - Income Taxes (Tables) Sheet http://zandertherapeutics.com/role/IncomeTaxesTables Income Taxes (Tables) Tables http://zandertherapeutics.com/role/IncomeTaxes 18 false false R19.htm 00000019 - Disclosure - Restatement of Previously Issued Financial Statements (Tables) Sheet http://zandertherapeutics.com/role/RestatementOfPreviouslyIssuedFinancialStatementsTables Restatement of Previously Issued Financial Statements (Tables) Tables http://zandertherapeutics.com/role/RestatementOfPreviouslyIssuedFinancialStatements 19 false false R20.htm 00000020 - Disclosure - Organization and Summary of Significant Accounting Policies - Summary of issuance of stock for nonemployee servives (Details) Sheet http://zandertherapeutics.com/role/OrganizationAndSummaryOfSignificantAccountingPolicies-SummaryOfIssuanceOfStockForNonemployeeServivesDetails Organization and Summary of Significant Accounting Policies - Summary of issuance of stock for nonemployee servives (Details) Details 20 false false R21.htm 00000021 - Disclosure - Organization and Summary of Significant Accounting Policies - Fair Vale of shares issued to nonemployees (Details) Sheet http://zandertherapeutics.com/role/OrganizationAndSummaryOfSignificantAccountingPolicies-FairValeOfSharesIssuedToNonemployeesDetails Organization and Summary of Significant Accounting Policies - Fair Vale of shares issued to nonemployees (Details) Details 21 false false R22.htm 00000022 - Disclosure - Organization and Summary of Significant Accounting Policies - Summare of stock based compensation to employees (Details) Sheet http://zandertherapeutics.com/role/OrganizationAndSummaryOfSignificantAccountingPolicies-SummareOfStockBasedCompensationToEmployeesDetails Organization and Summary of Significant Accounting Policies - Summare of stock based compensation to employees (Details) Details 22 false false R23.htm 00000023 - Disclosure - Organization and Summary of Significant Accounting Policies - Fair value for shares issed to employees (Details) Sheet http://zandertherapeutics.com/role/OrganizationAndSummaryOfSignificantAccountingPolicies-FairValueForSharesIssedToEmployeesDetails Organization and Summary of Significant Accounting Policies - Fair value for shares issed to employees (Details) Details 23 false false R24.htm 00000024 - Disclosure - Organization and Summary of Significant Accounting Policies (Details Narrative) Sheet http://zandertherapeutics.com/role/OrganizationAndSummaryOfSignificantAccountingPoliciesDetailsNarrative Organization and Summary of Significant Accounting Policies (Details Narrative) Details http://zandertherapeutics.com/role/OrganizationAndSummaryOfSignificantAccountingPoliciesTables 24 false false R25.htm 00000025 - Disclosure - Going Concern (Details Narrative) Sheet http://zandertherapeutics.com/role/GoingConcernDetailsNarrative Going Concern (Details Narrative) Details http://zandertherapeutics.com/role/GoingConcern 25 false false R26.htm 00000026 - Disclosure - Income Taxes - Income Taxes (Details) Sheet http://zandertherapeutics.com/role/IncomeTaxes-IncomeTaxesDetails Income Taxes - Income Taxes (Details) Details 26 false false R27.htm 00000027 - Disclosure - Income Taxes (Details Narrative) Sheet http://zandertherapeutics.com/role/IncomeTaxesDetailsNarrative Income Taxes (Details Narrative) Details http://zandertherapeutics.com/role/IncomeTaxesTables 27 false false R28.htm 00000028 - Disclosure - Related Party Transactions (Details Narrative) Sheet http://zandertherapeutics.com/role/RelatedPartyTransactionsDetailsNarrative Related Party Transactions (Details Narrative) Details http://zandertherapeutics.com/role/RelatedPartyTransactions 28 false false R29.htm 00000029 - Disclosure - Stockholders' Equity (Details Narrative) Sheet http://zandertherapeutics.com/role/StockholdersEquityDetailsNarrative Stockholders' Equity (Details Narrative) Details http://zandertherapeutics.com/role/StockholdersEquity 29 false false R30.htm 00000030 - Disclosure - Stock Transactions (Details Narrative) Sheet http://zandertherapeutics.com/role/StockTransactionsDetailsNarrative Stock Transactions (Details Narrative) Details http://zandertherapeutics.com/role/StockTransactions 30 false false R31.htm 00000031 - Disclosure - Restatement of Previously Issued Financial Statements - Restatement of Balance Sheet (Details) Sheet http://zandertherapeutics.com/role/RestatementOfPreviouslyIssuedFinancialStatements-RestatementOfBalanceSheetDetails Restatement of Previously Issued Financial Statements - Restatement of Balance Sheet (Details) Details 31 false false R32.htm 00000032 - Disclosure - Restatement of Previously Issued Financial Statements - Restatement of Statement of Operations (Details) Sheet http://zandertherapeutics.com/role/RestatementOfPreviouslyIssuedFinancialStatements-RestatementOfStatementOfOperationsDetails Restatement of Previously Issued Financial Statements - Restatement of Statement of Operations (Details) Details 32 false false R33.htm 00000033 - Disclosure - Restatement of Previously Issued Financial Statements - Restatement of Cashflows (Details) Sheet http://zandertherapeutics.com/role/RestatementOfPreviouslyIssuedFinancialStatements-RestatementOfCashflowsDetails Restatement of Previously Issued Financial Statements - Restatement of Cashflows (Details) Details 33 false false R34.htm 00000034 - Disclosure - Restatement of Previously Issued Financial Statements - Restatement of Statement of Shareholders Equity (Details) Sheet http://zandertherapeutics.com/role/RestatementOfPreviouslyIssuedFinancialStatements-RestatementOfStatementOfShareholdersEquityDetails Restatement of Previously Issued Financial Statements - Restatement of Statement of Shareholders Equity (Details) Details 34 false false R35.htm 00000035 - Disclosure - Subsequent Events (Details Narrative) Sheet http://zandertherapeutics.com/role/SubsequentEventsDetailsNarrative Subsequent Events (Details Narrative) Details http://zandertherapeutics.com/role/SubsequentEvents 35 false false All Reports Book All Reports zander-20180630.xml zander-20180630.xsd zander-20180630_cal.xml zander-20180630_def.xml zander-20180630_lab.xml zander-20180630_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 ZIP 61 0001607062-18-000292-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001607062-18-000292-xbrl.zip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end