Attached files
file | filename |
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EX-32.2 - EXHIBIT 32.2 - Xhibit Corp. | ex32x2.htm |
EX-32.1 - EXHIBIT 32.1 - Xhibit Corp. | ex32x1.htm |
EX-31.1 - EXHIBIT 31.1 - Xhibit Corp. | ex31x1.htm |
EX-31.2 - EXHIBIT 31.2 - Xhibit Corp. | ex31x2.htm |
UNITED
STATES SECURITIES AND EXCHANGE COMMISSION
Washington,
DC 20549
FORM
10-Q
x Quarterly
Report Pursuant to Section 13 or 15(d) of the
Securities
Exchange Act of 1934
For
the quarterly period ended March 31, 2010
or
o Transition
Report Pursuant to Section 13 or 15 (d) of
the
Securities Exchange Act of 1934
Commission
file number: 000-52678
NB
MANUFACTURING, INC.
(Exact
name of registrant as specified in its charter)
Nevada | 20-0853320 |
(State of incorporation) | (I.R.S. Employer Identification Number) |
2560 W.
Main Street, Suite 200
Littleton, CO
80120
(Address
of principal executive offices)
(303)
794-9450
(Issuer’s
telephone number)
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
proceeding 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 x NO
o
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 shorter period that the
registrant was required to submit and post such file).
YES o NO
o
Indicate
by check mark whether the registrant is a large accelerated filer, an
accelerated filer, a non-accelerated filer, or a smaller reporting
company. See the definitions of “large accelerated filer,”
“accelerated filer” and “smaller reporting company” in Rule 12b-2 of the
Exchange Act.
Large accelerated filer o | Accelerated filer o | |
Non-accelerated filer o | Smaller reporting company x |
Indicate
by check mark whether the registrant is a shell company (as defined in Rule
12b-2 of the Exchange Act).
YES
x NO
o
Indicate
the number of shares outstanding of each of the issuer’s classes of common
stock, as of the latest practicable date. As of May 10, 2010 the
Company had 1,400,028 shares of its $.0001 par value common stock issued and
outstanding.
Table of
Contents
PART I – FINANCIAL
INFORMATION
Item 1. | Financial Statements | Page No. |
Condensed
Balance Sheets
March
31, 2010 (unaudited) and December 31, 2009
|
2
|
Condensed
Statements of Operations
Three
Months Ended March 31, 2010 and 2009 and
from
September 19, 2001 (date of inception) through March 31, 2010
(unaudited)
|
3
|
Condensed
Statements of Cash Flows
Three Months
Ended March 31, 2010 and 2009 and
from
September 19, 2001 (date of inception) through March 31, 2010
(unaudited)
|
4
|
Notes
to Condensed Financial Statements (unaudited)
|
5
|
Item 2. | Management’s Discussion and Analysis or Plan of Operation | 9 |
Item 3. | Quantitative and Qualitative Disclosures About Market Risk | 10 |
Item 4T. | Controls and Procedures | 10 |
PART II – OTHER
INFORMATION
Item 1. | Legal Proceedings | 11 |
Item 2 . | Unregistered Sales of Equity Securities and Use of Proceeds | 11 |
Item 3. | Defaults Upon Senior Securities | 11 |
Item 4. | Submission of Matters to a Vote of Security Holders | 11 |
Item 5. | Other Information | 11 |
Item 6 | Exhibits | 11 |
Part
I FINANCIAL
INFORMATION
Item
1 – CONDENSED INTERIM FINANCIAL STATEMENTS
NB
MANUFACTURING, INC.
(A
Development Stage Company)
CONDENSED
BALANCE SHEETS
March 31,
2010
|
December 31, 2009
|
|||||||
(unaudited)
|
(audited)
|
|||||||
ASSETS
|
||||||||
Current
assets:
|
||||||||
Cash
|
$ | 886 | $ | 831 | ||||
Total current assets
|
886 | 831 | ||||||
Total
assets
|
$ | 886 | $ | 831 | ||||
LIABILITIES
AND SHAREHOLDERS’ EQUITY (DEFICIT)
|
||||||||
Accounts
payable
|
$ | 736 | $ | 1,036 | ||||
Accounts
payable - related party
|
27,620 | 23,120 | ||||||
Accrued
interest - related party
|
2,604 | 2,025 | ||||||
Notes
payable - related party
|
36,000 | 32,500 | ||||||
Total current liabilities
|
66,960 | 58,681 | ||||||
SHAREHOLDERS’
EQUITY (DEFICIT)
|
||||||||
Preferred
stock, authorized 10,000,000 shares, $.0001 par value,
|
||||||||
none
issued or outstanding
|
- | - | ||||||
Common
stock, authorized 60,000,000 shares, $.0001 par value,
|
||||||||
1,400,028
issued and outstanding
|
140 | 140 | ||||||
Additional
paid in capital
|
73,827 | 73,827 | ||||||
Accumulated
(deficit) during development stage
|
(140,041 | ) | (131,817 | ) | ||||
Total
shareholders’ equity (deficit)
|
(66,074 | ) | (57,850 | ) | ||||
Total
liabilities and shareholders’ equity (deficit)
|
$ | 886 | $ | 831 |
See notes
to condensed financial statements (unaudited)
2
NB
MANUFACTURING, INC.
(A
Development Stage Company)
CONDENSED
STATEMENTS OF OPERATIONS (Unaudited)
For
the Three Months Ended
March
31,
2010
|
For
the Three Months Ended
March
31,
2009
|
For
the Period September 19, 2001 (Date of Inception) through
March
31,
2010
|
||||||||||
Revenues
|
$ | - | $ | - | $ | - | ||||||
Operating
expenses:
|
||||||||||||
Accounting
fees
|
2,150 | 3,400 | 33,200 | |||||||||
Legal
fees
|
636 | 245 | 19,501 | |||||||||
Shareholder
relations
|
359 | 430 | 16,618 | |||||||||
General
and administrative expense, related party
|
4,500 | 4,500 | 63,000 | |||||||||
Other
general and administrative expense
|
- | 160 | 3,509 | |||||||||
Total operating expenses | 7,645 | 8,735 | 135,828 | |||||||||
Net
(loss) from operations
|
(7,645 | ) | (8,735 | ) | (135,828 | ) | ||||||
Other
(expense)
|
||||||||||||
Loan
fee - related party
|
- | - | (1,000 | ) | ||||||||
Interest
expense - related party
|
(579 | ) | (397 | ) | (3,213 | ) | ||||||
Total other (expense) | (579 | ) | (397 | ) | (4,213 | ) | ||||||
Net
(loss)
|
$ | (8,224 | ) | $ | (9,132 | ) | $ | (140,041 | ) | |||
Net
(loss) per common share
|
$ | (0.01 | ) | $ | (0.01 | ) | ||||||
Weighted
average number of
|
||||||||||||
common
shares outstanding
|
1,400,028 | 1,400,028 |
See notes
to condensed financial statements (unaudited)
3
NB
MANUFACTURING, INC.
(A
Development Stage Company)
CONDENSED
STATEMENTS OF CASH FLOWS (Unaudited)
For
the Three Months Ended
March
31,
2010
|
For
the Three Months Ended
March
31,
2009
|
For
the Period September 19, 2001 (Date of Inception) through
March
31,
2010
|
||||||||||
Cash
flows from operating activities:
|
||||||||||||
Net
(loss)
|
$ | (8,224 | ) | $ | (9,132 | ) | $ | (140,041 | ) | |||
Adjustments
to reconcile:
|
||||||||||||
Expenses
paid by stockholders and
|
||||||||||||
donated to the company
|
- | - | 22,967 | |||||||||
Accounts
payable
|
(300 | ) | 896 | 736 | ||||||||
Accounts
payable, related party
|
4,500 | 4,500 | 27,620 | |||||||||
Stock
issued for loan fee
|
- | - | 1,000 | |||||||||
Accrued
interest
|
579 | 397 | 2,604 | |||||||||
Net
cash (used) in operating activities
|
(3,445 | ) | (3,339 | ) | (85,114 | ) | ||||||
Cash
flow from investing activities
|
- | - | - | |||||||||
Cash
flow from financing activities:
|
||||||||||||
Advances
from related party
|
- | - | 8,000 | |||||||||
Proceeds
from shareholder loan
|
3,500 | - | 36,000 | |||||||||
Repayment
of related party advances
|
- | - | (8,000 | ) | ||||||||
Sale
of Common Stock
|
- | - | 50,000 | |||||||||
Net cash provided from financing activities
|
3,500 | - | 86,000 | |||||||||
NET
INCREASE IN CASH
|
55 | (3,339 | ) | 886 | ||||||||
CASH,
BEGINNING OF THE PERIOD
|
831 | 3,439 | - | |||||||||
CASH
AND CASH EQUIVALENTS, END OF THE PERIOD
|
$ | 886 | $ | 100 | 886 | |||||||
SUPPLEMENTAL
DISCLOSURE OF NONCASH
|
||||||||||||
FINANCING
ACTIVITIES:
|
||||||||||||
Expenses
paid by stockholders and
|
||||||||||||
donated
to the company
|
$ | - | $ | - | $ | 22,967 | ||||||
SUPPLEMENTAL
CASH FLOW
|
||||||||||||
Cash
paid for interest
|
$ | - | $ | - | $ | 608 | ||||||
Cash
paid for income taxes
|
$ | - | $ | - | $ | - | ||||||
Stock
issued for loan fee
|
$ | - | $ | - | $ | 1,000 |
See notes to condensed financial
statements (unaudited)
4
NB
MANUFACTURING, INC.
(A
Development Stage Company)
NOTES
TO CONDENSED FINANCIAL STATEMENTS
(Unaudited)
NOTE 1 - ORGANIZATION, OPERATIONS AND
SIGNIFICANT ACCOUNTING POLICIES
Organization and
Business
NB
Manufacturing, Inc. (the “Company”) was incorporated on September 19, 2001 in
the state of Nevada as a stipulation in the Final Decree in Bankruptcy of New
Bridge Products, Inc. The creditors of New Bridge Products, Inc.
received 1,000,028 shares of NB Manufacturing, Inc. and warrants to purchase an
additional 6,000,168 shares on September 26, 2002 in final payment of the funds
they were owed from New Bridge Products, Inc. The original purpose of
the Company was to provide manufacturing services related to the business of New
Bridge Products, Inc.
The
Company currently has no operations and since its inception on September 19,
2001 is considered a development stage enterprise. The Company
intends to evaluate structure and complete a merger with, or acquisition of,
prospects consisting of private companies, partnerships or sole
proprietorships.
Summary of Accounting Basis
of Presentation
The
condensed interim financial statements included herein have been prepared by the
Company, without audit, pursuant to the rules and regulations of the
Securities and Exchange Commission. Certain information and footnote disclosures
normally included in financial statements prepared in accordance with generally
accepted accounting principles have been condensed or omitted pursuant to such
rules and regulations, although the Company believes that the disclosures
made are adequate to make the information presented not misleading. The
condensed interim financial statements and notes thereto should be read in
conjunction with the financial statements and the notes thereto, included in the
Company’s Annual Report to the Securities and Exchange Commission for the fiscal
year ended December 31, 2009, filed on Form 10-K on March 12,
2010.
In the
opinion of management, all adjustments necessary to summarize fairly the
financial position and results of operations for such periods in accordance with
accounting principles generally accepted in the United States of America.
All adjustments are of a normal recurring nature. The results of operations for
the most recent interim period are not necessarily indicative of the results to
be expected for the full year.
Certain
prior period amounts have been reclassified to conform to current period
presentation.
Cash
The
Company considers all highly liquid instruments purchased with an original
maturity of three months or less to be cash equivalents. The Company
continually monitors its positions with, and the credit quality of, the
financial institutions with which it invests.
Development Stage
Company
The
Company is in the development stage and has not yet realized any revenues from
its planned operations. The Company’s business plan is to evaluate
structure and complete a merger with, or acquisition of, prospects consisting of
private companies, partnerships or sole proprietorships.
Based
upon the Company’s business plan, it is a development stage
enterprise. Accordingly, the Company presents its financial
statements in conformity with the accounting principles generally accepted in
the United States of America that apply in establishing operating
enterprises. As a development stage enterprise, the Company discloses
the deficit accumulated during the development stage and the cumulative
statements of operations and cash flows from inception to the current balance
sheet date.
5
Use of
Estimates
The
preparation of financial statements in conformity with accounting principles
generally accepted in the United States of America requires management to make
estimates and assumptions that affect the reported amounts of assets and
liabilities and disclosure of contingent assets and liabilities at the date of
the financial statements and the reported amounts of revenue and expenses during
the reporting period. Management believes that the estimates utilized
in the preparation of financial statements are prudent and
reasonable. Actual results could differ from these
estimates.
Going
Concern
The
accompanying financial statements have been prepared assuming that the Company
will continue as a going concern, which contemplates the recoverability of
assets and the satisfaction of liabilities in the normal course of
business.
The
Company’s development activities since inception have been financially sustained
through stockholder donations to the Company, sales of the Company’s common
stock and loans by related parties.
The
ability of the Company to continue as a going concern is dependent upon its
ability to find a suitable acquisition/merger candidate, raise additional
capital from the sale of common stock and, ultimately, the achievement of
significant operating revenues. The accompanying financial statements do not
include any adjustments that might be required should the Company be unable to
recover the value of its assets or satisfy its liabilities.
The
Company’s ability to continue as a going concern is subject to obtaining
necessary funding from outside sources.
Recent Accounting
Pronouncements
In May
2009, the FASB issued guidance now codified as FASB ASC Topic 855, “Subsequent Events,” which
establishes general standards of accounting for, and disclosures of, events that
occur after the balance sheet date but before financial statements are issued or
are available to be issued. This pronouncement is effective for interim or
fiscal periods ending after June 15, 2009. Accordingly, the Company adopted
these provisions of FASB ASC Topic 855 on June 30, 2009. The adoption of this
pronouncement did not have a material impact on our consolidated financial
position, results of operations or cash flows. However, the provisions of FASB
ASC Topic 855 resulted in additional disclosures with respect to subsequent
events. See Note 4, Subsequent
Events, for this additional disclosure.
In June
2009, the FASB issued guidance now codified as FASB ASC Topic 105, “Generally Accepted Accounting
Principles,” as the single source of authoritative nongovernmental U.S.
GAAP. FASB ASC Topic 105 does not change current U.S. GAAP, but is intended to
simplify user access to all authoritative U.S. GAAP by providing all
authoritative literature related to a particular topic in one place. All
existing accounting standard documents will be superseded and all other
accounting literature not included in the FASB Codification will be considered
non-authoritative. These provisions of FASB ASC Topic 105 are effective for
interim and annual periods ending after September 15, 2009 and,
accordingly, are effective for the Company for the current fiscal reporting
period. The adoption of this pronouncement did not have an impact on the
Company’s financial condition or results of operations, but will impact our
financial reporting process by eliminating all references to pre-codification
standards. On the effective date of this Statement, the Codification superseded
all then-existing non-SEC accounting and reporting standards, and all other
non-grandfathered non-SEC accounting literature not included in the Codification
became non-authoritative.
In August
2009, the FASB issued ASU 2009-05, “Fair Value Measurements and
Disclosures (ASC Topic 820)–Measuring Liabilities at Fair Value” (ASU
2009-05). ASU 2009-05 amends ASC Subtopic 820-10, “Fair Value Measurements and
Disclosures–Overall”, for the fair value of liabilities. This update
provides clarification that in circumstances in which a quoted price in an
active market for the identical liability is not available, a reporting entity
is required to measure fair value of such liability using one or more of the
techniques prescribed by the Update. The guidance in this ASU was effective for
the Company in the second quarter of fiscal 2010 and did not have a material
effect on its condensed consolidated results of operations or its financial
position.
6
NOTE
2 - SHAREHOLDERS’ EQUITY (DEFICIT)
On July
10, 2008, the Company entered into a Revolving Credit Agreement (the “Revolving
Credit Agreement”) with the Lazzeri Family Trust (the “Lender”) whose Trustee is
Robert Lazzeri to borrow up to $250,000, evidenced by an unsecured Revolving
Loan Note (the “Revolving Loan Note”) dated July 10, 2008. Mr.
Lazzeri was previously an executive officer and director of the
Company. In connection with and as a loan fee for the foregoing
unsecured credit facility, Lender received 200,000 unregistered shares of the
Company’s common stock shares valued at $1,000. The terms of the
Revolving Credit Agreement were based on an arms-length negotiation and approved
by the Company’s Board of Directors.
NOTE
3 – DUE TO RELATED PARTIES
On April
4, 2008, the Company borrowed $8,000 from Inverness Investments, Inc., a company
controlled by a stockholder of the Company, evidenced by an unsecured Demand
Promissory Note (the “Note”). The Note accrues interest at 7% per
annum on the unpaid balance and all principal and accrued but unpaid interest is
payable in full on demand. On May 5, 2009, the Company repaid the Note in full
with interest of $608.
On July
10, 2008, the Company entered into a Revolving Credit Agreement (the “Revolving
Credit Agreement”) with the Lazzeri Family Trust (the “Lender”) whose Trustee is
Robert Lazzeri to borrow up to $250,000, evidenced by an unsecured Revolving
Loan Note (the “Revolving Loan Note”) dated July 10, 2008. Mr.
Lazzeri was previously an executive officer and director of the
Company. All amounts borrowed pursuant to the Revolving Credit
Agreement accrue interest at 7% per annum and all principal and accrued but
unpaid interest is payable in full on demand of the Lender. The
Revolving Credit Agreement does not obligate the Lender to make any loans but
any loans made by the Lender to the Company, up to the outstanding principal
balance of $250,000, will be subject to the terms of the Revolving Credit
Agreement and Revolving Loan Note. In connection with and as a loan
fee for the foregoing unsecured credit facility, Lender received 200,000
unregistered shares of the Company’s common stock shares valued at
$1,000. At March 31, 2010 the principal balance on the note was
$18,000 with available credit of $232,000. The note has incurred a
total of $1,672 in interest with $1,672 accrued as of March 31,
2010.
On May 5,
2009, the Company entered into a Revolving Credit Agreement (the “Revolving
Credit Agreement”) with the Mathis Family Partners, Ltd and EARNCO MPPP (the
“Lender”), companies controlled by a stockholder of the Company to borrow up to
$50,000, evidenced by an unsecured Revolving Loan Note (the “Revolving Loan
Note”) dated May 5, 2009. All amounts borrowed pursuant to the
Revolving Credit Agreement accrue interest at 7% per annum and all principal and
accrued but unpaid interest is payable in full on demand of the
Lender. The Revolving Credit Agreement does not obligate the Lender
to make any loans but any loans made by the Lender to the Company, up to the
outstanding principal balance of $50,000, will be subject to the terms of the
Revolving Credit Agreement and Revolving Loan Note. At March 31, 2010
the principal balance on the note was $18,000 with available credit of $32,000.
The note has incurred a total of $932 in interest with $932 accrued as of March
31, 2010.
NOTE
4 – SUBSEQUENT EVENTS
The
Company has evaluated all subsequent events through May 10, 2010, the date the
financial statements were issued, and no additional items were noted that need
to be disclosed.
7
Item
2 – MANAGEMENT’S DISCUSSION AND ANAYLSIS OR PLAN OF OPERATION
Cautionary
Note Regarding Forward-Looking Statements
Statements
contained in this report include "forward-looking statements" within the meaning
of such term in Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934. Forward-looking statements involve known and
unknown risks, uncertainties and other factors, which could cause actual
financial or operating results, performances or achievements expressed or
implied by such forward-looking statements not to occur or be realized. Such
forward-looking statements generally are based on our best estimates of future
results, performances or achievements, predicated upon current conditions and
the most recent results of the companies involved and their respective
industries. Forward-looking statements may be identified by the use of
forward-looking terminology such as "may," "can," "will," "could," "should,"
"project," "expect," "plan," "predict," "believe," "estimate," "aim,"
"anticipate," "intend," "continue," "potential," "opportunity" or similar terms,
variations of those terms or the negative of those terms or other variations of
those terms or comparable words or expressions.
Readers
are urged to carefully review and consider the various disclosures made by us in
this Quarterly Report on Form 10-Q and our Form 10-K for the fiscal year ended
December 31, 2009 and our other filings with the U.S. Securities and Exchange
Commission. These reports and filings attempt to advise interested parties of
the risks and factors that may affect our business, financial condition and
results of operations and prospects. The forward-looking statements made in this
Form 10-Q speak only as of the date hereof and we disclaim any obligation to
provide updates, revisions or amendments to any forward-looking statements to
reflect changes in our expectations or future events.
Results
of Operations
For
the three months ended March 31, 2010 compared to the three months ended March
31, 2009
Revenue. No
operating revenues were generated during the three months ended March 31, 2010
and March 31, 2009.
Operating
Expenses. Total operating expenses were $7,645 and $8,735,
respectively for the quarter ended March 31, 2010 and for the quarter ended
March 31, 2009. Operating expenses consist of professional,
management and filing fees.
Liquidity
and Capital Resources
As of
March 31, 2010, we had $886 in cash or cash equivalents and a working capital
deficit of $66,074.
On April
4, 2008, we borrowed $8,000 from Inverness Investments, Inc., a company
controlled by one of our stockholders, evidenced by an unsecured Demand
Promissory Note (the “Note”). The Note accrues interest at 7% per
annum on the unpaid balance and all principal and accrued but unpaid interest is
payable in full on demand. On May 5, 2009, we repaid the Note and
accrued interest of $608.
On July
10, 2008, we entered into a Revolving Credit Agreement with the Lazzeri Family
Trust whose Trustee is Robert Lazzeri, previously our President and a member of
our board of directors, to borrow up to $250,000, evidenced by an unsecured
Revolving Loan Note. All amounts borrowed pursuant to the Revolving
Credit Agreement accrue interest at 7% per annum and all principal and accrued
but unpaid interest is payable in full on demand. As of March 31,
2010, $18,000 was borrowed under this agreement with $1,672 of interest
accrued.
On May 5,
2009 we entered into a Revolving Credit Agreement with Mathis Family Partners,
Ltd and EARNCO MPPP, company’s controlled by one of our stockholders, to borrow
up to $50,000, evidenced by an unsecured Revolving Loan Note. All
amounts borrowed pursuant to the Revolving Credit Agreement accrue interest at
7% per annum and all principal and accrued but unpaid interest is payable in
full on demand. As of March 31, 2010, $18,000 was borrowed under this
agreement with $932 of interest accrued.
While
future operating activities are expected to be funded by the Revolving Credit
Agreements our request for funds under the Revolving Credit Agreements are not
guaranteed and in the event that such future operating activities are not funded
pursuant to the Revolving Credit Agreements, additional sources of funding would
be required to continue operations. There is no assurance that we
could raise working capital or if any capital would be available at
all.
8
Off-Balance
Sheet Items
We have
no off-balance sheet items as of March 31, 2010.
Item
3 – QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
As a
“smaller reporting company” as defined by Item 10 of Regulation S-K, we are not
required to provide this information.
Item
4T – CONTROLS AND PROCEDURES
Evaluation
of Disclosure Controls and Procedures
Pursuant
to Rule 13a-15(b) under the Securities Exchange Act of 1934 (“Exchange Act”),
the Company carried out an evaluation, under the supervision and with the
participation of the Company’s management, including the Company’s Chief
Executive Officer (“CEO”) and Chief Financial Officer (“CFO”), of the
effectiveness of the Company’s disclosure controls and procedures (as defined
under Rule 13a-15(e) under the Exchange Act) as of the end of the period covered
by this report. Based upon that evaluation, the Company’s CEO and CFO
concluded that the Company’s disclosure controls and procedures are effective to
ensure that information required to be disclosed by the Company in the reports
that the Company files or submits under the Exchange Act, is recorded,
processed, summarized and reported, within the time periods specified in the
SEC’s rules and forms, and that such information is accumulated and communicated
to the Company’s management, including the Company’s CEO and CFO, as
appropriate, to allow timely decisions regarding required
disclosure.
Changes
in Internal Controls
There
have been no changes in the Company’s internal control over financial reporting
during the latest fiscal quarter that have materially affected, or are
reasonably likely to materially affect, the Company’s internal control over
financial reporting.
9
Part
II OTHER
INFORMATION
Item
1. – LEGAL
PROCEEDINGS
None.
Item
2. –
UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
None.
Item
3. – DEFAULTS
UPON SENIOR SECURITIES
None.
Item
4. –
SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
None.
Item
5. – OTHER
INFORMATION
None.
Item
6. – EXHIBITS
Exhibit
No
|
Description
|
31.1
|
Certification
of Company’s Chief Executive Officer pursuant to Section 302 of the
Sarbanes-Oxley Act of 2002
|
31.2
|
Certification
of Company’s Chief Financial Officer pursuant to Section 302 of the
Sarbanes-Oxley Act of 2002
|
32.1
|
Certification
of Company’s 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 Company’s Chief Financial Officer pursuant to 18 U.S.C. Section 1350 as
adopted pursuant to Section 906 of the Sarbanes-Oxley Act
of 2002
|
10
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized, on May 10, 2010.
NB MANUFACTURING, INC. | |||
|
By:
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/s/ Derold L. Kelley | |
Derold L. Kelley | |||
President,
Principal Executive Officer and Principal Financial
Officer
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