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EXCEL - IDEA: XBRL DOCUMENT - FIRST CORP /CN/Financial_Report.xls

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

FORM 10-Q/A

(Amendment No. 1)

 

x Quarterly Report under Section 13 or 15 (D) of the

Securities and Exchange Act of 1934

 

For The Quarterly Period Ended June 30, 2012

 

¨ TRANSITION REPORT UNDER SECTION 13 OR 15 (D) OF THE

EXCHANGE ACT

 

Commission File Number 0 - 52724

 

FIRST CORPORATION
 (Exact name of small business issuer as specified in its charter)

 

Colorado   90-0219158
(State or other jurisdiction of   (I.R.S. Employer
incorporation or organization)   Identification Number)

 

Maranello, Watch House Green, Felsted, Essex, CM6 3EF, United Kingdom

Address of Principal Executive Office (Street and Number)

 

 

(403) 461-7283
(Issuer’s telephone number)

 

         Indicate by check mark whether the registrant (1) filed all reports  required to be filed by Section  13 or 15(d) of the  Exchange  Act  during  the past 12 months  (or 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 ¨

 

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 during the preceding 12 months.

 

                                Yes ¨   No ¨

 

         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 ¨  Accelerated filer ¨
   
Non-accelerated filer ¨ Smaller reporting company x

 

 Indicate by check mark whether the issuer is a "shell company" as defined in Rule 12b-2 of the Securities Exchange Act of 1934. Yes x No ¨

 

 State the number of shares outstanding of each of the issuer's classes of common equity as of June 30, 2012: 26,385,250 shares.

 
 

 

 

EXPLANATORY NOTE

 

The purpose of the Amendment No. 1 on Form 10–Q/A to First Corporation’s quarterly report on Form 10–Q for the quarter ended June 30, 2012, filed with the Securities and Exchange Commission on August 20, 2012, (the “Form 10–Q”), is solely to furnish eXtensible Business Reporting Language (XBRL) information in Exhibit 101 to the Form 10–Q in accordance with the 30 day grace period provided by Rule 405(a)(2)(ii) of Regulation S−T.

 

Exhibit 101 provides the following materials from the Original Filing, formatted in XBRL: (i) Condensed Balance Sheets; (ii) Condensed Statements of Operations; (iii) Condensed Statement of Changes in Shareholders’ Deficit (iv) Condensed Statements of Cash Flows; and (v) Notes to Unaudited Condensed Financial Statements.

 

Pursuant to rule 406T of Regulation S–T, the interactive data files on Exhibit 101 hereto are deemed not filed or part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, are deemed not filed for purposes of Section 18 of the Securities Act of 1934, as amended, and otherwise are not subject to liability under those sections.

 

No other changes have been made to the Form 10–Q.  This Amendment No. 1 speaks as of the original filing date of the Form 10–Q, does not reflect events that may have occurred subsequent to the original filing date and does not modify or update in any way disclosures made in the original Form 10–Q.

 

 

 
 

 

Item 5.  Other Information

 

None.

 

 

Item 6.  Exhibits

 

 

(a) Exhibits.

 

10.1Securities Purchase Agreement between First Corporation and Investa Securities Ltd.
10.2Form of 8% Convertible Note issued to Investa Securities Ltd.
10.3Letter confirming agreement between First Corporation and Thomas Wikstrom
31Rule 13a-14(d) Certification
32Section 1350 Certification
101The Company’s unaudited Condensed Financial Statements and related Notes for the quarter ended June 30, 2012 from this Quarterly Report on Form 10-Q, formatted in XBRL (eXtensible Business Reporting Language). *

 

*Filed herewith.

 

 
 

  

 

SIGNATURES

 

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

 

  FIRST CORPORATION
Dated:   September 12, 2012    
     
  By: /s/ Andrew Clarke 
    Andrew Clarke,
    Director, Chief Executive and Financial
        Officer