0.0001
0.0001
10000000
10000000
0
0
0
0
0.0001
0.0001
65000000
65000000
17016428
17016428
17016428
17016428
527
0
316
0
211
0
9095
200
2817
115
11912
315
-11701
-315
-524
-312
-524
-312
0
0
-12225
-627
0.00
0.00
17016428
16866428
-12225
-627
16
0
-10247
0
-11470
229
283
0
-33643
-398
-445
0
-445
0
56216
0
0
1900
-18285
0
37931
1900
3843
1502
453
116
4296
1618
0
0
0
0
2630
0
<!--egx--><p style='text-align:justify;margin:0in 0in 0pt'><b>NOTE 4 – RELATED PARTY TRANSATIONS</b></p> <p style='text-align:justify;margin:0in 0in 0pt'> </p> <p style='text-align:justify;margin:0in 0in 0pt'>During the three months ended March 31, 2017, the Company made repayments on related party loans payable of $18,285. During the three months ended March 31, 2017, a significant shareholder made payments of $2,630 for expenses on behalf of the Company. The advances are unsecured, non-interest bearing and due on demand. There was $2,200 and $17,855 due to related parties as of March 31, 2017 and December 31, 2016, respectively. </p> <p style='text-align:justify;margin:0in 0in 0pt'> </p> <p style='text-align:justify;margin:0in 0in 0pt'>During the three months ended March 31, 2017, the Company made advances to related party of $455. The advances are unsecured, non-interest bearing and due on demand. There was $455 and $0 due from related party as of March 31, 2017 and December 31, 2016, respectively. </p>
<!--egx--><p style='margin:0in 0in 0pt'><b>NOTE 2 – GOING CONCERN</b></p> <p style='margin:0in 0in 0pt'> </p> <p style='text-align:justify;margin:0in 0in 0pt'>The Company’s financial statements are prepared using generally accepted accounting principles in the United States of America applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has not yet established an ongoing source of revenues sufficient to cover its operating costs and allow it to continue as a going concern. These factors raise substantial doubt about the Company’s ability to continue as a going concern. The ability of the Company to continue as a going concern is dependent on the Company obtaining adequate capital to fund operating losses until it becomes profitable. If the Company is unable to obtain adequate capital, it could be forced to cease operations.</p> <p style='text-align:justify;margin:0in 0in 0pt'> </p> <p style='text-align:justify;margin:0in 0in 0pt'>In order to continue as a going concern, the Company will need, among other things, additional capital resources. Management’s plan is to obtain such resources for the Company by obtaining capital from management and significant shareholders sufficient to meet its minimal operating expenses and seeking equity and/or debt financing. However management cannot provide any assurances that the Company will be successful in accomplishing any of its plans.</p> <p style='text-align:justify;margin:0in 0in 0pt'> </p> <p style='text-align:justify;margin:0in 0in 0pt'>The ability of the Company to continue as a going concern is dependent upon its ability to successfully accomplish the plans described in the preceding paragraph and eventually secure other sources of financing and attain profitable operations. The accompanying financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.</p>
<!--egx--><p style='text-align:justify;margin:0in 0in 0pt'><b>NOTE 3 – COMMON STOCK WARRANTS</b></p> <p style='text-align:justify;margin:0in 0in 0pt'> </p> <p style='text-align:justify;text-autospace:'>Through the year ended December 31, 2014, the Company issued warrants in connection with common stock issued for cash. The following table summarizes all stock warrant activity for the three months ended March 31, 2017:</p> <p style='text-align:justify;text-autospace:'> </p> <div align="center"> <table cellspacing="0" cellpadding="0" border="0" style='border-collapse:collapse'> <tr style='height:0.1in'> <td valign="bottom" width="225" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:168.75pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'> </p></td> <td valign="bottom" width="15" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:11.05pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'> </p></td> <td valign="bottom" width="123" colspan="2" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:92.3pt;border-bottom:windowtext 1pt solid;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="center" style='text-align:center;text-autospace:'>Shares</p></td> <td valign="bottom" width="16" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:12.3pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="center" style='text-align:center;text-autospace:'> </p></td> <td valign="bottom" width="132" colspan="2" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:99.35pt;border-bottom:windowtext 1pt solid;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="center" style='text-align:center;text-autospace:'>Weighted- AverageExercise PricePer Share</p></td></tr> <tr style='height:0.1in'> <td valign="top" width="225" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:168.75pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'>Outstanding, December 31, 2016</p></td> <td valign="bottom" width="15" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:11.05pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'> </p></td> <td valign="bottom" width="8" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:5.8pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;text-autospace:'> </p></td> <td valign="bottom" width="115" style='border-top:windowtext 1pt solid;height:0.1in;border-right:#f0f0f0;width:86.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;text-autospace:'>240,000</p></td> <td valign="bottom" width="16" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:12.3pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'> </p></td> <td valign="bottom" width="26" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:19.35pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-autospace:'>$</p></td> <td valign="bottom" width="107" style='border-top:windowtext 1pt solid;height:0.1in;border-right:#f0f0f0;width:80pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;text-autospace:'>0.125</p></td></tr> <tr style='height:0.1in'> <td valign="top" width="225" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:168.75pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'>Granted</p></td> <td valign="bottom" width="15" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:11.05pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'> </p></td> <td valign="bottom" width="8" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:5.8pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;text-autospace:'> </p></td> <td valign="bottom" width="115" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:86.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;text-autospace:'>-</p></td> <td valign="bottom" width="16" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:12.3pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'> </p></td> <td valign="bottom" width="26" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:19.35pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-autospace:'> </p></td> <td valign="bottom" width="107" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:80pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;text-autospace:'>-</p></td></tr> <tr style='height:0.1in'> <td valign="top" width="225" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:168.75pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'>Exercised</p></td> <td valign="bottom" width="15" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:11.05pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'> </p></td> <td valign="bottom" width="8" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:5.8pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;text-autospace:'> </p></td> <td valign="bottom" width="115" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:86.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;text-autospace:'>-</p></td> <td valign="bottom" width="16" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:12.3pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'> </p></td> <td valign="bottom" width="26" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:19.35pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-autospace:'> </p></td> <td valign="bottom" width="107" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:80pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;text-autospace:'>-</p></td></tr> <tr style='height:0.1in'> <td valign="top" width="225" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:168.75pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'>Forfeited</p></td> <td valign="bottom" width="15" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:11.05pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'> </p></td> <td valign="bottom" width="8" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:5.8pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;text-autospace:'> </p></td> <td valign="bottom" width="115" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:86.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;text-autospace:'>-</p></td> <td valign="bottom" width="16" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:12.3pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'> </p></td> <td valign="bottom" width="26" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:19.35pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-autospace:'> </p></td> <td valign="bottom" width="107" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:80pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;text-autospace:'>-</p></td></tr> <tr style='height:0.1in'> <td valign="top" width="225" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:168.75pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'>Expired</p></td> <td valign="bottom" width="15" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:11.05pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'> </p></td> <td valign="bottom" width="8" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:5.8pt;border-bottom:windowtext 1pt solid;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;text-autospace:'> </p></td> <td valign="bottom" width="115" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:86.5pt;border-bottom:windowtext 1pt solid;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;text-autospace:'>(220,000)</p></td> <td valign="bottom" width="16" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:12.3pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'> </p></td> <td valign="bottom" width="26" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:19.35pt;border-bottom:windowtext 1pt solid;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-autospace:'>$</p></td> <td valign="bottom" width="107" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:80pt;border-bottom:windowtext 1pt solid;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;text-autospace:'>0.125</p></td></tr> <tr style='height:0.1in'> <td valign="top" width="225" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:168.75pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'> </p></td> <td valign="bottom" width="15" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:11.05pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'> </p></td> <td valign="bottom" width="8" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:5.8pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;text-autospace:'> </p></td> <td valign="bottom" width="115" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:86.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;text-autospace:'> </p></td> <td valign="bottom" width="16" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:12.3pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'> </p></td> <td valign="bottom" width="26" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:19.35pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-autospace:'> </p></td> <td valign="bottom" width="107" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:80pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;text-autospace:'> </p></td></tr> <tr style='height:0.1in'> <td valign="top" width="225" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:168.75pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'>Outstanding, March 31, 2017</p></td> <td valign="bottom" width="15" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:11.05pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'> </p></td> <td valign="bottom" width="8" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:5.8pt;border-bottom:windowtext 1.5pt double;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;text-autospace:'> </p></td> <td valign="bottom" width="115" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:86.5pt;border-bottom:windowtext 1.5pt double;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;text-autospace:'>20,000</p></td> <td valign="bottom" width="16" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:12.3pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'> </p></td> <td valign="bottom" width="26" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:19.35pt;border-bottom:windowtext 1.5pt double;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-autospace:'>$</p></td> <td valign="bottom" width="107" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:80pt;border-bottom:windowtext 1.5pt double;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;text-autospace:'>0.125</p></td></tr></table></div> <p align="center" style='text-align:center;margin:0in 0in 0pt'> </p> <p style='text-align:justify;text-autospace:'> </p> <p style='text-align:justify;text-autospace:'>The weighted average remaining contractual life of options outstanding as of March 31, 2017 and December 31, 2016, was approximately 0.15 and 0.20 years, respectively. The exercise price of these options was $0.125 and the intrinsic value of the options as of March 31, 2017 and December 31, 2016 is $0, respectively.</p>
<!--egx--><p style='margin:0in 0in 0pt'><b>NOTE 1 – BASIS OF PRESENTATION</b></p> <p style='margin:0in 0in 0pt'> </p> <p style='text-align:justify;margin:0in 0in 0pt'>The Company was incorporated in the State of Colorado on September 26, 2013 for the purpose of acquiring and executing on oil and gas leases. The Company has realized limited revenues from its planned business activities.</p> <p style='text-align:justify;margin:0in 0in 0pt'> </p> <p style='text-align:justify;margin:0in 0in 0pt'>The accompanying unaudited interim financial statements have been prepared by the Company without audit. In the opinion of management, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations, and cash flows as of March 31, 2017, and for all periods presented herein, have been made.</p> <p style='text-align:justify;margin:0in 0in 0pt'> </p> <p style='text-align:justify;margin:0in 0in 0pt'>Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been omitted. Notes to the financial statements which would substantially duplicate the disclosures contained in the audited financial statements for the most recent fiscal period, as reported in the Form 10-K, have been omitted. It is suggested that these unaudited interim financial statements be read in conjunction with the financial statements and notes thereto included in the Company’s December 31, 2016 audited financial statements. The results of operations for the three months ended March 31, 2017 are not necessarily indicative of the operating results for the full year.</p> <p style='text-align:justify;margin:0in 0in 0pt'> </p> <p style='text-align:justify;margin:0in 0in 0pt'>Related party policy </p> <p style='text-align:justify;margin:0in 0in 0pt'> </p> <p style='text-align:justify;margin:0in 0in 0pt;text-autospace:'>In accordance with ASC 850, the Company discloses: the nature of the related party relationship(s) involved; a description of the transactions, including transactions to which no amounts or nominal amounts were ascribed, for each of the periods for which income statements are presented, and such other information deemed necessary to an understanding of the effects of the transactions on the financial statements; the dollar amounts of transactions for each of the periods for which income statements are presented and the effects of any change in the method of establishing the terms from that used in the preceding period; and amounts due from or to related parties as of the date of each balance sheet presented and, if not otherwise apparent, the terms and manner of settlement.</p> <p style='text-align:justify;margin:0in 0in 0pt'> </p> <p style='text-align:justify;margin:0in 0in 0pt'>Revenue recognition </p> <p style='text-align:justify;margin:0in 0in 0pt'> </p> <p style='text-align:justify;margin:0in 0in 0pt;text-autospace:'>The Company recognizes revenue when it is realized or realizable and earned. The Company considers revenue realized or realizable and earned when all of the following criteria are met: (i) persuasive evidence of an arrangement exists, (ii) the product has been shipped or the services have been rendered to the customer, (iii) the sales price is fixed or determinable, and (iv) collectability is reasonably assured.</p> <p style='margin:0in 0in 0pt'> </p>
<!--egx--><p style='text-align:justify;margin:0in 0in 0pt'><b>NOTE 5 – NOTES PAYABLE</b></p> <p style='text-align:justify;margin:0in 0in 0pt'> </p> <p style='text-align:justify;margin:0in 0in 0pt'>On February 1, 2017, the Company executed a promissory note for $56,216. The note bears simple interest at a rate of 3.75%, is not convertible to equity of the Company and is due on February 1, 2018. There was $56,216 of principal and $283 of accrued interest due on the note at March 31, 2017.</p>
<!--egx--><p style='text-align:justify;text-autospace:'>The following table summarizes all stock warrant activity for the three months ended March 31, 2017:</p> <p style='text-align:justify;text-autospace:'> </p> <div align="center"> <table cellspacing="0" cellpadding="0" border="0" style='border-collapse:collapse'> <tr style='height:0.1in'> <td valign="bottom" width="225" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:168.75pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'> </p></td> <td valign="bottom" width="15" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:11.05pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'> </p></td> <td valign="bottom" width="123" colspan="2" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:92.3pt;border-bottom:windowtext 1pt solid;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="center" style='text-align:center;text-autospace:'>Shares</p></td> <td valign="bottom" width="16" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:12.3pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="center" style='text-align:center;text-autospace:'> </p></td> <td valign="bottom" width="132" colspan="2" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:99.35pt;border-bottom:windowtext 1pt solid;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="center" style='text-align:center;text-autospace:'>Weighted- AverageExercise PricePer Share</p></td></tr> <tr style='height:0.1in'> <td valign="top" width="225" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:168.75pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'>Outstanding, December 31, 2016</p></td> <td valign="bottom" width="15" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:11.05pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'> </p></td> <td valign="bottom" width="8" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:5.8pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;text-autospace:'> </p></td> <td valign="bottom" width="115" style='border-top:windowtext 1pt solid;height:0.1in;border-right:#f0f0f0;width:86.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;text-autospace:'>240,000</p></td> <td valign="bottom" width="16" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:12.3pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'> </p></td> <td valign="bottom" width="26" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:19.35pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-autospace:'>$</p></td> <td valign="bottom" width="107" style='border-top:windowtext 1pt solid;height:0.1in;border-right:#f0f0f0;width:80pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;text-autospace:'>0.125</p></td></tr> <tr style='height:0.1in'> <td valign="top" width="225" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:168.75pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'>Granted</p></td> <td valign="bottom" width="15" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:11.05pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'> </p></td> <td valign="bottom" width="8" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:5.8pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;text-autospace:'> </p></td> <td valign="bottom" width="115" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:86.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;text-autospace:'>-</p></td> <td valign="bottom" width="16" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:12.3pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'> </p></td> <td valign="bottom" width="26" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:19.35pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-autospace:'> </p></td> <td valign="bottom" width="107" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:80pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;text-autospace:'>-</p></td></tr> <tr style='height:0.1in'> <td valign="top" width="225" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:168.75pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'>Exercised</p></td> <td valign="bottom" width="15" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:11.05pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'> </p></td> <td valign="bottom" width="8" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:5.8pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;text-autospace:'> </p></td> <td valign="bottom" width="115" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:86.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;text-autospace:'>-</p></td> <td valign="bottom" width="16" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:12.3pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'> </p></td> <td valign="bottom" width="26" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:19.35pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-autospace:'> </p></td> <td valign="bottom" width="107" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:80pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;text-autospace:'>-</p></td></tr> <tr style='height:0.1in'> <td valign="top" width="225" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:168.75pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'>Forfeited</p></td> <td valign="bottom" width="15" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:11.05pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'> </p></td> <td valign="bottom" width="8" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:5.8pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;text-autospace:'> </p></td> <td valign="bottom" width="115" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:86.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;text-autospace:'>-</p></td> <td valign="bottom" width="16" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:12.3pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'> </p></td> <td valign="bottom" width="26" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:19.35pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-autospace:'> </p></td> <td valign="bottom" width="107" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:80pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;text-autospace:'>-</p></td></tr> <tr style='height:0.1in'> <td valign="top" width="225" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:168.75pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'>Expired</p></td> <td valign="bottom" width="15" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:11.05pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'> </p></td> <td valign="bottom" width="8" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:5.8pt;border-bottom:windowtext 1pt solid;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;text-autospace:'> </p></td> <td valign="bottom" width="115" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:86.5pt;border-bottom:windowtext 1pt solid;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;text-autospace:'>(220,000)</p></td> <td valign="bottom" width="16" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:12.3pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'> </p></td> <td valign="bottom" width="26" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:19.35pt;border-bottom:windowtext 1pt solid;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-autospace:'>$</p></td> <td valign="bottom" width="107" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:80pt;border-bottom:windowtext 1pt solid;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;text-autospace:'>0.125</p></td></tr> <tr style='height:0.1in'> <td valign="top" width="225" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:168.75pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'> </p></td> <td valign="bottom" width="15" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:11.05pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'> </p></td> <td valign="bottom" width="8" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:5.8pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;text-autospace:'> </p></td> <td valign="bottom" width="115" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:86.5pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;text-autospace:'> </p></td> <td valign="bottom" width="16" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:12.3pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'> </p></td> <td valign="bottom" width="26" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:19.35pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-autospace:'> </p></td> <td valign="bottom" width="107" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:80pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;text-autospace:'> </p></td></tr> <tr style='height:0.1in'> <td valign="top" width="225" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:168.75pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'>Outstanding, March 31, 2017</p></td> <td valign="bottom" width="15" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:11.05pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'> </p></td> <td valign="bottom" width="8" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:5.8pt;border-bottom:windowtext 1.5pt double;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;text-autospace:'> </p></td> <td valign="bottom" width="115" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:86.5pt;border-bottom:windowtext 1.5pt double;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;text-autospace:'>20,000</p></td> <td valign="bottom" width="16" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:12.3pt;border-bottom:#f0f0f0;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-align:justify;text-autospace:'> </p></td> <td valign="bottom" width="26" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:19.35pt;border-bottom:windowtext 1.5pt double;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p style='text-autospace:'>$</p></td> <td valign="bottom" width="107" style='border-top:#f0f0f0;height:0.1in;border-right:#f0f0f0;width:80pt;border-bottom:windowtext 1.5pt double;padding-bottom:0in;padding-top:0in;padding-left:0in;border-left:#f0f0f0;padding-right:0in;background-color:transparent'> <p align="right" style='text-align:right;text-autospace:'>0.125</p></td></tr></table></div>
4296
453
445
0
10247
0
14988
453
2924
2924
8326
8326
26238
11703
3471
17571
283
0
56216
0
2200
17855
62170
35426
583
567
62753
35993
0
0
1702
1702
92278
92278
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-36515
-24290
26238
11703
10-Q
2017-03-31
false
ALPHA ENERGY INC
0000855787
alpha
--12-31
17016428
Smaller Reporting Company
Yes
No
No
2017
Q1
240000
20000
0
0
0
-220000
0.125
0.125
0.125
0.15
0.20
0
0
18285
2630
455
455
0
2200
17855
56216
0.0375
56216
283
0000855787
2017-01-01
2017-03-31
0000855787
2017-05-15
0000855787
2017-03-31
0000855787
2016-12-31
0000855787
2016-01-01
2016-03-31
0000855787
2015-12-31
0000855787
2016-03-31
0000855787
2017-02-01
0000855787
2018-02-01
shares
iso4217:USD
iso4217:USD
shares
pure