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UNITED STATES

 SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

 

FORM 10-Q

 

 

x QUARTERLY REPORT UNDER TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE

 ACT OF 1934

 

FOR THE QUARTERLY PERIOD ENDED OCTOBER 31, 2013

 

OR

 

o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE

 ACT OF 1934

 

Commission file number 333-150548

 

AFFINITY MEDIAWORKS CORP.

 (Exact name of registrant as specified in its charter)

 

Nevada 75-3265854
(state or other jurisdiction of incorporation or organization) (I.R.S. Employer I.D. No.)

 

5460 Lake Road

Tully, New York 13159

(Address of principal executive offices)

 

(315) 727-5788

Issuer’s telephone number

 

96 Norwood Avenue
Suite 214
Moncton, NB E1C 6L9

Canada

1-800-653-5374 

(Former name, former address and former fiscal year,
if changed since last report)

 

Indicate by check mark if the registrant is a well known seasoned issuer, as defined in Rule 405 of the Securities Act Yes ( )       No (X)

 

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ( )    No  (X)

 

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 for such shorter period that the registrant was require 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 (§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 ( )

 

1
 

 

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 ( )

 

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 definition of   “ large accelerated filer ” ,   “ accelerated filer ”   and   “ smaller reporting company ”   in Rule 12b-2 of the Exchange Act.

 

(Check one)

       
Large accelerated filer [  ] Accelerated filer   [  ]
       
Non-accelerated filer [  ] 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 ( )

 

APPLICABLE ONLY TO CORPORATE ISSUERS

 

As of the period ended in this report, October 31, 2013, the registrant had 134,735,969 shares of common stock outstanding.

 

As of the date of filing, December 10, 2013, the registrant had 134,735,969 shares of common stock outstanding.

 

 

 

 

 

 

 

 

 

 

 

 

2
 

 

 

 TABLE OF CONTENTS

 

 Page
PART I – FINANCIAL INFORMATION 4
Item 1.  Financial Statements  
             Balance Sheets as of October 31, 2013 (Unaudited) and January 31, 2013 5

Statements of Operations

For the three months ended October 31, 2013 and October 31, 2012 (Unaudited)

For the nine months ended October 31, 2013 and October 31, 2012 (Unaudited)

For the cumulative period from December 17, 2007 (Inception) to October 31, 2013 (Unaudited)

6

Statement of Changes in Stockholders' Deficit for the cumulative period from

December 17, 2007 (Inception) to October 31, 2013 (Unaudited)

7

Statements of Cash Flows

For the nine months ended October 31, 2013 and October 31, 2012 (Unaudited)

For the cumulative period from December 17, 2007 (Inception) to October 31, 2013 (Unaudited)

8
            Notes the Financial Statements 9
Item 2.  Management’s Discussion and Analysis of Financial Condition and Results of Operations 13
Item 3.  Quantitative and Qualitative Disclosures About Market Risk 17
Item 4.  Controls and Procedures 18
   
PART II – OTHER INFORMATION  
Item 1.  Legal Proceedings 20
Item 2.  Unregistered Sales of Equity Securities and Use of Proceeds 20
Item 3.  Defaults Upon Senior Securities 20
Item 4.  Mining Safety Disclosure 20
Item 5.  Other Information 20
Item 6.  Exhibits 22
   
SIGNATURES 22

 

 

 

 

3
 

PART I – FINANCIAL INFORMATION

 

Financial Statements

 

 

 

 

 

 

 

 

 

 

 

 

4
 

 

 

 

AFFINITY MEDIAWORKS CORP.
(Formerly Green Bikes Rental Corporation)
(A Development Stage Company)
BALANCE SHEETS
           
    October 31,    January 31, 
    2013    2013 
    (Unaudited)      
           
ASSETS          
Cash  $—     $—   
Prepaid Expense   1,000    —   
           
  Total Assets  $1,000   $—   
           
           
LIABILITIES & STOCKHOLDERS' DEFICIT          
  Current Liabilities:          
  Accounts Payable  $2,500   $650 
  Accounts Payable - Related Party   6,500    3,000 
  Accrued Expense   —      5,000 
  Interest Payable   118    —   
  Interest Payable - Related Party   9    356 
  Notes Payable   3,597    —   
  Notes Payable - Related Party   1,600    8,202 
           
  Total Liabilities   14,324    17,208 
           
           
  Stockholders' Equity (Deficit)          
  Preferred Stock 10,000,000 shares Authorized;   $0.00001 par value 0 shares Issued and Outstanding as of   October 31, 2013 and January 31, 2013   —      —   
  Common Stock, 190,000,000 shares Authorized;     $0.00001 par value 77,735,969 shares Issued and   Outstanding as of January 31, 2013 and 134,735,969   shares Issued and Outstanding as of October 31, 2013   1,347    777 
  Additional Paid-In Capital   4,374,455    2,660,525 
  Deficit Accumulated During the Development Stage   (4,389,126)   (2,678,510)
           
  Total Stockholders' Equity (Deficit)   (13,324)   (17,208)
           
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)  $1,000   $—   
           
The accompanying notes are an integral part of these unaudited financial statements.  

 

 

5
 

 

AFFINITY MEDIAWORKS CORP.
(Formerly Green Bikes Rental Corporation)
(A Development Stage Company)
STATEMENTS OF OPERATIONS
(Unaudited)
                
    For the Three Months    For the Three Months    For the Nine Months    For the Nine Months    December 17, 2007
(Date of Inception)
 
    Ended    Ended    Ended    Ended     to  
    October 31, 2013    October 31, 2012    October 31, 2013    October 31, 2012    October 31, 2013 
                          
Revenues:  $—     $—     $—     $—     $—   
                          
Operating Expenses:                         
Consulting services   750    750    2,250    2,250    44,096 
General and Administrative   1,597    897    3,317    1,682,379    1,700,734 
Rent   750    750    2,250    2,250    17,500 
Legal and Accounting   2,500    2,500    8,000    3,850    87,579 
Management Fees   —      —      —      —      240,000 
Loss on Acquisition of Note Receivable   —      —      —      —      608,400 
Total Operating Expenses   5,597    4,897    15,817    1,690,729    2,698,309 
Operating Loss   (5,597)   (4,897)   (15,817)   (1,690,729)   (2,698,309)
                          
Other Income (Expense):                         
Interest Expense   (127)   (116)   (897)   (119)   (1,797)
Gain on Accounts Payable Debt Forgiveness   —      —     —      4,882    4,882 
Loss on Debt Conversion   —      —     (1,693,902)   —      (1,693,902)
                          
 Net Loss  $(5,724)  $(5,013)  $(1,710,616)  $(1,685,966)  $(4,389,126)
 Basic & Diluted Loss per Common Share  $(0.00)  $(0.00)  $(0.02)  $(0.02)     
                          
 Weighted Average Common Shares                         
 Outstanding   134,735,969    51,207,952    103,880,597    76,075,317      
                          
The accompanying notes are an integral part of these unaudited financial statements.  

 

 

6
 

 

AFFINITY MEDIAWORKS CORP.
(Formerly Green Bikes Rental Corporation)
(A Development Stage Company)
Statement of Changes in Stockholders' Deficit
For the Period from December 17, 2007 (Inception) Through July 31, 2013
(Unaudited)
               Deficit   
      Paid        Accumulated   
   Common  in  Additional     Since  Total
     Stock     Par    Stock      Development     Stockholders' 
     Shares      Value      Capital      Payable     Stage    Deficiency 
                               
Inception December 17, 2007   —     $—     $—     $—     $—     $—   
                               
Issuance of founder's shares   100,000,000    1,000    (1,000)   —      —      —   
                               
Donated services   —      —      500    —      —      500 
                               
Net loss                       (905)   (905)
                               
Balances at January 31, 2008   100,000,000    1,000    (500)   —      (905)   (405)
                               
Issuance of founder's shares   10,166,000    102    50,728    —      —      50,830 
                               
Donated services   —      —      6,000    —      —      6,000 
                               
Imputed interest in shareholder advances   —      —      272    —      —      272 
                               
Shares returned   (60,000,000)   (600)   600    —      —      —   
                               
Net loss   —      —      —      —      (48,093)   (48,093)
                               
Balances at January 31, 2009   50,166,000    502    57,100    —      (48,998)   8,604 
                               
Donated services   —      —      6,000    —      —      6,000 
                               
Imputed interest in shareholder advances   —      —      272    —      —      272 
                               
Net loss   —      —      —           (83,169)   (83,169)
                               
Balances at January 31, 2010   50,166,000    502    63,372    —      (132,167)   (68,293)
                               
Donated services   —      —      10,651    —      —      10,651 
                               
Shares issued for services   189,969    2    26,594    —      —      26,596 
                               
Stock payable for note receivable   —      —      —      608,400    —      608,400 
                               
Net loss   —      —      —      —      (772,728)   (772,728)
                               
Balances at January 31, 2011   50,355,969    504    100,617    608,400    (904,895)   (195,374)
                               
Donated services   —      —      6,000    —      —      6,000 
                               
Donated management fees   —      —      240,000    —      —      240,000 
                               
Donated related party accounts payable   —      —      4,271              4,271 
                               
Donated review fees   —      —      8,350    —      —      8,350 
                               
Net loss   —      —      —      —      (76,280)   (76,280)
                               
Balances at January 31, 2012   50,355,969    504    359,238    608,400    (981,175)   (13,033)
                               
Donated services   —      —      6,000    —      —      6,000 
                               
Donated related party accounts payable   —      —      7,160    —      —      7,160 
                               
Stock issued for services   24,000,000    240    1,679,760    —      —      1,680,000 
                               
Stock issued for stock payable   3,380,000    33    608,367    (608,400)   —      —   
                               
Net loss   —      —      —           (1,697,335)   (1,697,335)
                               
Balances at January 31, 2013   77,735,969    777    2,660,525    —      (2,678,510)   (17,208)
                               
Donated services   —      —      4,500    —      —      4,500 
                               
Stock issued for conversion of debt   57,000,000    570    1,709,430    —      —      1,710,000 
                               
                               
Net loss   —      —      —      —      (1,710,616)   (1,710,616)
                               
Balances at October 31, 2013   134,735,969   $1,347   $4,374,455   $—     $(4,389,126)  $(13,324)
                               

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

 

7
 

 

AFFINITY MEDIAWORKS CORP.
(Formerly Green Bikes Rental Corporation)
(A Development Stage Company)
STATEMENTS OF CASH FLOWS
(Unaudited)
          
    For the Nine Months    For the Nine Months    

December 17,
2007

 (Date of Inception)

 
    Ended    Ended     to  
    October 31, 2013    October 31, 2012    October 31, 2013 
CASH FLOWS FROM OPERATING               
ACTIVITIES:               
Net Loss  $(1,710,616)  $(1,685,966)   (4,389,126)
 Adjustments to reconcile net loss to net cash               
used in operating activities:               
Stock Issued for Services   —      1,680,000    1,706,596 
Gain on Accounts Payable Debt Forgiveness   —      (4,882)   (4,882)
Donated Consulting Services and Rent   4,500    4,500    39,651 
Imputed Interest on Shareholder Advance   —      —      544 
Loss on Debt Conversion   1,693,902    —      1,693,902 
Loss on Acquisition of Note Receivable   —      —      608,400 
    Changes in operating assets and liabilities:               
Accounts Payable   3,094    (260)   260,066 
Accounts Payable - Related party   3,153    1,500    6,500 
Accrued Expenses   (5,000)   —     —   
Prepaid Expenses   (1,000)   —     (1,000)
Net Cash (used in) Provided by Operating Activities   (11,967)   (5,108)   (79,349)
                
CASH FLOWS FROM FINANCING               
  Proceeds from Sale of Common Stock   —      —      50,830 
  Proceeds from Loans - Related Party   8,370    5,102    16,572 
  Proceeds from Loans   3,597    —      3,597 
  Donated Audit and Review Fees   —      —      8,350 
Net Cash (used in) Provided by Financing Activities   11,967    5,102    79,349 
                
Net (Decrease) Increase in Cash        (6)   —   
Cash at Beginning of Period   —      6    —   
                
Cash at End of Period  $—     $—     $—   
                
Supplemental Disclosures:               
Interest paid  $—     $—     $—   
Income taxes paid  $—     $—     $—   
                
Non Cash Disclosures:               
Stock Issued in Conversion of Debt to Related Party  $16,098   $—     $16,098 
Stock Issued in Exchange for Stock Payable  $—     $608,400   $608,400 
Forgiveness of Accounts Payable by Related Party  $—     $7,160   $11,431 
Forgiveness of Management Fees by Related Party  $—     $—     $240,000 
                
The accompanying notes are an integral part of these unaudited financial statements.  

   

 

8
 

 

AFFINITY MEDIAWORKS CORP.

(Formerly Green Bikes Rental Corporation)

 (A Development Stage Company)

NOTES TO FINANCIAL STATEMENTS

(UNAUDITED)

 

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

 

Green Bikes Rental Corporation was incorporated on December 17, 2007, under the laws of the State of Nevada, as a development stage company.

 

On January 7, 2010, the Company amended its Articles of Incorporation to change the name of Green Bikes Rental Corporation to Affinity Mediaworks Corp., to increase the authorized share capital of the Company to 200,000,000 and to affect a 20 for 1 forward-split of the Company’s issued and outstanding common shares.

 

On July 23, 2012 there was a change of control and 40,000,000 shares were transferred from Yulia Nesterchuk to Cortland Communications, LLC.

 

On August 20, 2012 the Company filed a Certificate of Amendment with the State of Nevada and reclassified the capital stock as 190,000,000 common stock with a par value of $0.00001 and 10,000,000 blank check preferred stock with a par value of $0.00001.

 

On September 18, 2012 the Company recorded minutes on a proposed a 1 for 777 reverse stock split. The common stock issued on all previous quarterly and annual filings after that date reflected the reverse split retroactively, pending approval from FINRA. On July 12, 2013, the Company recorded minutes to cancel the reverse stock split. As of the date of this filing the common stock issued and outstanding has been adjusted retroactively back to inception to reflect this change.

 

BASIS OF PRESENTATION

 

The Company follows accounting principles generally accepted in the United States of America.  In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the periods presented have been reflected herein.

 

REVENUE RECOGNITION

 

Revenue is recognized when it is realized or realizable and earned.  Affinity considers revenue realized or realizable and earned when persuasive evidence of an arrangement exists, services have been provided, and collectability is reasonably assured. Revenue that is billed in advance such as recurring weekly or monthly services are initially deferred and recognized as revenue over the period the services are provided.

 

USE OF ESTIMATES

 

The preparation of the 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 AND CASH EQUIVALENTS

 

For purposes of the statement of cash flows, the Company considers all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents.  As of October 31, 2013 and January 31, 2013 there were no cash equivalents.

 

DEVELOPMENT STAGE COMPANY

 

The Company complies with FASB pronouncements for its characterization of the Company as development stage.

 

9
 

 

FAIR VALUE MEASUREMENTS

 

The Company adopted FASB ASC Topic 820, “Fair Value Measurement and Disclosure,” at inception. ASC Topic 820 defines fair value, establishes a framework for measuring fair value, and expands disclosure of fair value measurements. FASB ASC Topic 820 applies under other accounting pronouncements that require or permit fair value measurements and accordingly, does not require any new fair value measurements. FASB ASC Topic 820 clarifies that fair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. As such, fair value is a market-based measurement that should be determined based on assumptions that market participants would use in pricing an asset or liability. As a basis for considering such assumptions, FASB ASC Topic 820 established a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value as follows.

 

· Level 1. Observable inputs such as quoted market prices in active markets.
· Level 2. Inputs, other than the quoted prices in active markets, that are observable either directly or indirectly, and
· Level 3. Unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions.

 

The FASB’s ASC Topic 825, “Financial Instruments”, became effective for the Company on January 1, 2008. FASB ASC Topic 825 establishes a fair value option that permits entities to choose to measure eligible financial instruments and certain other items at fair value at specified election dates. A business entity shall report unrealized gains and losses on items for which the fair value options have been elected in earnings at each subsequent reporting date. For the period ended October 31, 2013, there were no applicable items on which the fair value option was elected.

 

BASIC AND DILUTED NET LOSS PER COMMON SHARE

 

Basic and diluted net loss per share calculations are calculated on the basis of the weighted average number of common shares outstanding during the year.  The per share amounts include the dilutive effect of common stock equivalents in years with net income.  Basic and diluted loss per share is the same due to the anti dilutive nature of potential common stock equivalents.

 

RECENT ACCOUNTING PRONOUNCEMENTS

 

In February 2013, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2013-02, Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income, to improve the transparency of reporting these reclassifications. Other comprehensive income includes gains and losses that are initially excluded from net income for an accounting period. Those gains and losses are later reclassified out of accumulated other comprehensive income into net income. The amendments in the ASU do not change the current requirements for reporting net income or other comprehensive income in financial statements. All of the information that this ASU requires already is required to be disclosed elsewhere in the financial statements under U.S. GAAP. The new amendments will require an organization to:

 

-Present (either on the face of the statement where net income is presented or in the notes) the effects on the line items of net income of significant amounts reclassified out of accumulated other comprehensive income - but only if the item reclassified is required under U.S. GAAP to be reclassified to net income in its entirety in the same reporting period; and
-Cross-reference to other disclosures currently required under U.S. GAAP for other reclassification items (that are not required under U.S. GAAP) to be reclassified directly to net income in their entirety in the same reporting period. This would be the case when a portion of the amount reclassified out of accumulated other comprehensive income is initially transferred to a balance sheet account (e.g., inventory for pension-related amounts) instead of directly to income or expense.

 

The amendments apply to all public and private companies that report items of other comprehensive income. Public companies are required to comply with these amendments for all reporting periods (interim and annual). The amendments are effective for reporting periods beginning after December 15, 2012, for public companies. Early adoption is permitted. The adoption of ASU No. 2013-02 is not expected to have a material impact on our financial position or results of operations.

 

In January 2013, the FASB issued ASU No. 2013-01, Balance Sheet (Topic 210): Clarifying the Scope of Disclosures about Offsetting Assets and Liabilities, which clarifies which instruments and transactions are subject to the offsetting disclosure requirements originally established by ASU 2011-11. The new ASU addresses preparer concerns that the scope of the disclosure requirements under ASU 2011-11 was overly broad and imposed unintended costs that were not commensurate with estimated benefits to financial statement users. In choosing to narrow the scope of the offsetting disclosures, the Board determined that it could make them more operable and cost effective for preparers while still giving financial statement users sufficient information to analyze the most significant presentation differences between financial statements prepared in accordance with U.S. GAAP and those prepared under IFRSs. Like ASU 2011-11, the amendments in this update will be effective for fiscal periods beginning on, or after January 1, 2013. The adoption of ASU 2013-01 is not expected to have a material impact on our financial position or results of operations.

 

10
 

 

NOTE 2 - GOING CONCERN

 

Affinity’s financial statements have been prepared on a going concern basis, which contemplates the realization of assets and settlement of liabilities and commitments in the normal course of business for the foreseeable future. Since inception, the Company has accumulated losses aggregating $(4,389,126) as of October 31, 2013 and has insufficient working capital to meet operating needs for the next twelve months, all of which raise substantial doubt about Affinity’s ability to continue as a going concern.

 

NOTE 3 - RELATED PARTY TRANSACTIONS

 

During the nine months ended October 31, 2013 the Company recognized a total of $4,500 for donated rent and services provided by the President and Director of the Company.

In 2012 and 2013, Affinity Mediaworks had incurred liabilities to Cortland Communications, LLC in the amount of $16,098 in both notes payable and accrued interest on those notes. Cortland Communications, LLC is a majority shareholder in Affinity Mediaworks Corp. Mark T. Gleason is the Managing Member of Cortland Communications, LLC and President, CEO, CFO of Affinity Mediaworks Corp. On July 12, 2013, 57,000,000 shares of common stock were issued to Cortland Communications, LLC in exchange for all notes payable and accrued interest outstanding as of that date, in the amount of $16,098, paid in full.

In July - October 2013, Affinity Mediaworks incurred liabilities to Cortland Communications, LLC in the amount of $1,600. These promissory notes bear simple interest at 15% per annum. As of October 31, 2013, Affinity Mediaworks Corp. currently owes Cortland Communications, LLC $1,600 in principal on this note, with interest accrued of $9.

 

As of October 31, 2013, Affinity Mediaworks Corp. has incurred a liability to Lyboldt-Daly, Inc. in the amount of $6,500. Lyboldt-Daly completed bookkeeping and internal accounting for Affinity Mediaworks Corp. Joseph Passalaqua is the President of Lyboldt-Daly, Inc. and the Secretary of Cortland Communications, LLC, a majority shareholder in Affinity Mediaworks Corp.

 

As of October 31, 2013, all activities of Affinity Mediaworks Corp. have been conducted by corporate officers from either their homes or business offices. Currently, there are no outstanding debts owed by Affinity Mediaworks Corp. for the use of these facilities and there are no commitments for future use of the facilities.

 

NOTE 4 – NOTES PAYABLE

From July 2013 – October 2013, Affinity Mediaworks incurred liabilities to a third party in the amount of $3,597. These promissory notes bear simple interest at 15% per annum. As of October 31, 2013, Affinity Mediaworks Corp. currently owes $3,597 in principal on these notes, with interest accrued of $118.

 

NOTE 5 - COMMON STOCK

 

Affinity issued 100,000,000 shares of common stock (founder's shares) on December 17, 2007 to the President and Director of the Company. In addition, 100,166,000 shares of common stock were issued to the public on May 15, 2008 for $50,830 and 60,000,000 shares were returned to the treasury on July 31, 2008.

 

On January 7, 2009, the Company filed an Amendment for 200,000,000 shares to be authorized as Common Stock, with the par value of $0.00001.

 

In 2010 the Company recorded a note receivable for $338,000 and a $270,000 loss on acquisition in exchange for a stock payable of 3,380,000 shares valued at $608,400. The stock was valued based on fair market value on the date of the grant.

 

In 2011 Affinity wrote off the note receivable for $338,000 as a loss on acquisition as the party was not able to pay off the balance of note.  As of the Company year end of January 31, 2011, the Company had a $608,400 stock payable related to these transactions.

11
 

 

As of the Company year end January 31, 2011, 189,969 shares were issued for services for services valued at $26,596 using the fair market closing price of the stock on the date of grant.

 

On July 25, 2012 the company recorded a stock payable for consulting services valued at $1,680,000 using the closing price of the stock on the date of the grant. A Stock Purchase was signed during the change of control that stated that at the Closing, the Buyer shall issue on behalf of the Company 24,000,000 shares in three shares certificates and this was recorded as a Stock Payable valued at $1,680,000. The stock was valued based on fair market closing price on the date of the grant.

 

On August 2, 2012, 24,000,000 shares of common stock were issued in exchange for the Stock Payable:

 

Robert Thast 7,000,000
Phillip Brooks 7,000,000
Yuriy Nesterchuck 10,000,000

 

On August 20, 2012 the Company filed a Certificate of Amendment with the State of Nevada and reclassified the capital stock as 190,000,000 common stock with a par value of $0.00001 and 10,000,000 blank check preferred stock with a par value of $0.00001.

 

On August 23, 2012, in exchange for the stock payable of $608,400, 3,380,000 shares of common stock were issued.

 

On September 18, 2012 the Company recorded minutes on a proposed a 1 for 777 reverse stock split. The common stock issued on all previous quarterly and annual filings after that date reflected the reverse split retroactively, pending approval from FINRA.

 

On July 2, 2013, the Company recorded minutes and issued a cancellation of the proposed 1 for 777 reverse stock split. As of October 31, 2013 the common stock issued has been adjusted retroactively back to inception to reflect the cancellation of the reverse stock split.

 

On July 12, 2013, in exchange for notes payable and accrued interest of $16,098, 57,000,000 shares of common stock were issued to Cortland Communications, LLC. The stock was valued based on fair market closing price on the date of the grant. The Company had a loss on debt conversion of $1,693,902 related to this stock transaction.

 

During August 2013, 13,000,000 shares of common stock were issued, then subsequently cancelled by the Company and are not included in the shares issued and outstanding.

 

As of October 31, 2013, Affinity Mediaworks Corp. has a 190,000,000 shares of common stock authorized at $0.00001 par value per share and 134,735,969 shares of common stock issued and outstanding.

 

NOTE 6 – CHANGE OF CONTROL

On July 23, 2012 there was a change of control and 40,000,000 shares were transferred from Yulia Nesterchuk to Cortland Communications, LLC. Cortland Communications, LLC is currently the majority shareholder with 97,000,000 shares, consisting of 72% of the outstanding common stock in Affinity Mediaworks Corp.

On July 13, 2013 Mark Gleason resigned as President, Chief Executive Officer, Chief Financial Officer and Director of the Company. Timo Strattner was appointed President, Chief Executive Officer, Chief Financial Officer and Director and Charles Van Houten was appointed Chief Operating Officer and Director.

On November 12, 2013, Mark Gleason was elected President, CEO, CFO – sole officer and director and Timo Strattner and Charles Van Houten were removed as officers and directors by vote of the majority shareholder.

NOTE 7 – SUBSEQUENT EVENT

 

On November 12, 2013, the majority shareholder, Cortland Communications, LLC voted to remove both Timo Strattner as President, CEO, CFO and Charles Van Houten as Chief Operating Officer and Director of the Company and elected Mark Gleason as President, CEO, CFO – sole officer and director.

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ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION

 

FORWARD LOOKING STATEMENTS

 

This Form 10-Q contains forward-looking statements (rather than historical facts) that involve risks and uncertainties. You can identify these statements by the use of forward-looking words such as “may,” “will,” “expect,” “anticipate,” “estimate,” “continue” or other similar words. Such forward-looking statements discuss our current expectations of future results of operations or financial condition. However, there may be events in the future that we are unable to accurately predict or control and there may be risks, uncertainties and events that may cause our actual results to differ materially from the expectations we describe in our forward-looking statements, which could have a material adverse effect on our business, operating results and financial condition. The forward-looking statements included herein are only made as of the date of the filing of this Form 10-Q, and we undertake no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.

 

BASIS OF PRESENTATION

 

The unaudited financial statements of Affinity Mediaworks Corp., a Nevada corporation (“Affinity,” the “Company,” “our” or “we”), should be read in conjunction with the notes thereto. In the opinion of management, the unaudited financial statements presented herein reflect all adjustments (consisting only of normal recurring adjustments) necessary for fair presentation.  Interim results are not necessarily indicative of results to be expected for the entire year.

 

We prepare our financial statements in accordance with U.S. generally accepted accounting principals, which require that management make estimates and assumptions that affect reported amounts.  Actual results could differ from these estimates.

 

BUSINESS PLAN OF OPERATION

 

Green Bikes Rental Corporation was incorporated on December 17, 2007, under the laws of the State of Nevada, as a development stage company. On January 7, 2010, the Company amended its Articles of Incorporation to change the name of Green Bikes Rental Corporation to Affinity Mediaworks Corp. We are a start-up corporation and have not yet generated or realized any revenues from our business operations.

 

Our auditors have issued a going concern opinion.  This means that there is substantial doubt that we can continue as an on-going business for the next twelve months unless we obtain additional capital to pay our bills.  This is because we have not generated any revenues and no revenues are anticipated until we begin our operations.  As of October 31, 2013 we had cash of $0.  Our current cash holdings will not satisfy our liquidity requirements and we will require additional financing to pursue our planned business activities

 

Our current principal business activity is to seek a suitable candidate to consummate an acquisition, merger or other suitable business combination method. More specifically, we are seeking the consummation of a merger, acquisition or other business combination transaction with a privately owned entity seeking to become a publicly owned entity. As a “reporting company,” we may be more attractive to a private target because our common stock is eligible to be quoted on the OTC Bulletin Board. However, there is no assurance that we will be quoted on the OTC Bulletin Board.

 

It is the intent of management and our significant stockholder, Cortland Communications LLC to provide sufficient working capital necessary to support and preserve the integrity of the corporate entity.  However, there is no legal obligation for either management or our significant stockholder, Cortland Communications LLC to provide additional future funding. Should this pledge fail to provide financing, we have not identified any alternative sources of funding, there will be substantial doubt about our ability to continue as a going concern.

     

Our need for capital may change dramatically because of any business acquisition or combination transaction.  There can be no assurance that we will identify any such business, product, technology or company suitable for acquisition in the future.  Further, there can be no assurance that we will be successful in consummating any acquisition on favorable terms or that we will be able to profitably manage the business, product, technology or company we acquire.

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As a "reporting company," we may be more attractive to a private acquisition target because our common stock is eligible to be quoted on the OTC Bulletin Board although there is no assurance it will be quoted. As a result of filing this registration statement, we will be obligated to file with the Securities and Exchange Commission (the "Commission") certain periodic reports, including an annual report containing audited financial statements. We anticipate that we will continue to file such reports as required under the Exchange Act.

 

On April 30, 2008, we filed a Registration Statement on Form 10SB , or the “Registration Statement”, with the Securities and Exchange Commission, or the SEC,  to register our common stock under Section 12(g) of the Securities Exchange Act of 1934, as amended, or the Exchange Act. The Registration Statement went effective on May 12, 2008, or the Effective Date.  Since the Effective Date of the Registration Statement, we have become a reporting company under the Securities Exchange Act and are responsible for preparing and filing periodic and current reports under the Exchange Act with the SEC.

 

Any person or entity may read and copy our reports with the Securities and Exchange Commission at the SEC's Public Reference Room at 100 F Street N.E., Washington, D.C. 20549. The public may obtain information on the operation of the Public Room by calling the SEC toll free at 1-800-SEC-0330. The SEC also maintains an Internet site at http://www.sec.gov where reports, proxies and informational statements on public companies may be viewed by the public.

 

EMPLOYEES

 

The company does not have any employees.  As of the date of this filing, Mark T. Gleason is our President, Secretary, Chief Executive Officer, and Chief Financial Officer and does not have an have employment agreement.

 

LIMITED OPERATION HISTORY, NEED FOR ADDITIONAL CAPITAL

 

There is no historical financial information about us upon which to base an evaluation of our performance.  We are in development stage operations and have not yet generated any revenues.  We cannot guarantee we will be successful in our business operations.  Our business is subject to risks inherent in the establishment of a new business enterprise, including limited capital resources and possible cost overruns.

 

We have no assurance that future financing will be available to us on acceptable terms.  If financing is not available to us on satisfactory terms, we may be unable to continue, develop or expand our operations.  Equity financing could result in additional dilution to our existing shareholders.

 

GOING CONCERN QUALIFICATION

 

Several conditions and events cast substantial doubt about the Company’s ability to continue as a going concern.  The Company has incurred net losses of approximately $(4,389,126) for the period from December 17, 2007 (inception) to October 31, 2013, has limited revenues and requires additional financing in order to finance its business activities on an ongoing basis.  The Company’s future capital requirements will depend on numerous factors including, but not limited to, continued progress in finding a merger candidate and the pursuit of business opportunities. The Company is actively pursuing alternative financing and has had discussions with various third parties, although no firm commitments have been obtained.  In the interim, shareholders of the Company have committed to meeting its minimal operating expenses.  Management believes that actions presently being taken to revise the Company’s operating and financial requirements provide them with the opportunity to continue as a going concern. At January 31, 2013, we had $0 cash on hand and a deficit accumulated during the development stage of $(2,678,510). At October 31, 2013, we had $0 cash on hand and a deficit accumulated during the development stage of $(4,389,126). See “Liquidity and Capital Resources.”

 

CRITICAL ACCOUNTING POLICIES & ESTIMATES

 

The preparation of financial statements and related disclosures in conformity with accounting principles generally accepted in the United States of America requires management to make judgments, assumptions and estimates that affect the amounts reported in our consolidated financial statements and accompanying notes. We base our estimates and judgments on historical experience and on various other assumptions that we believe are reasonable under the circumstances. However, future events are subject to change, and the best estimates and judgments routinely require adjustment. The amounts of assets and liabilities reported in our balance sheet, and the amounts of revenues and expenses reported for each of our fiscal periods, are affected by estimates and assumptions which are used for, but not limited to, the accounting for allowance for doubtful accounts, goodwill and intangible asset impairments, restructurings, inventory and income taxes. Actual results could differ from these estimates. The following critical accounting policies are significantly affected by judgments, assumptions and estimates used in the preparation of our consolidated financial statements. 

 

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Off-Balance Sheet Arrangements

 

We have no significant off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that is material to stockholders.

 

Inflation

 

The amounts presented in the financial statements do not provide for the effect of inflation on our operations or financial position.  The net operating losses shown would be greater than reported if the effects of inflation were reflected either by charging operations with amounts that represent replacement costs or by using other inflation adjustments.

 

LIQUIDITY AND CAPITAL RESOURCES

 

It is the belief of management that sufficient working capital necessary to support and preserve the integrity of the corporate entity will be present. However, there is no legal obligation for either management or significant stockholders to provide additional future funding.  Should this pledge fail to provide financing, we have not identified any alternative sources. Consequently, there is substantial doubt about our ability to continue as a going concern.

     

We have no current plans, proposals, arrangements or understandings with respect to the sale or issuance of additional securities prior to the location of a merger or acquisition candidate.  Accordingly, there can be no assurance that sufficient funds will be available to us to allow us to cover the expenses related to such activities.

Our need for capital may change dramatically because of any business acquisition or combination transaction.  There can be no assurance that we will identify any such business, product, technology or company suitable for acquisition in the future.  Further, there can be no assurance that we will be successful in consummating any acquisition on favorable terms or that we will be able to profitably manage the business, product, technology or company we acquire.

     

Regardless of whether our cash assets prove to be inadequate to meet our operational needs, we might seek to compensate providers of services by issuances of stock in lieu of cash.

At January 31, 2013, we had $0 cash on hand and a deficit accumulated during the development stage of $(2,678,510). At October 31, 2013, we had $0 cash on hand and a deficit accumulated during the development stage of $(4,389,126). Our primary source of liquidity for the current quarter has been donated capital and loans from shareholders. In 2012 and 2013, Affinity Mediaworks had incurred liabilities to Cortland Communications, LLC in the amount of $16,098 in both notes payable and accrued interest on those notes. Cortland Communications, LLC is a majority shareholder in Affinity Mediaworks Corp. On July 12, 2013, 57,000,000 shares of common stock were issued to Cortland Communications, LLC in exchange for all notes payable and accrued interest outstanding as of that date, in the amount of $16,098, paid in full.

From July – October 2013, Affinity Mediaworks incurred liabilities to Cortland Communications, LLC in the amount of $1,600. These promissory notes bear simple interest at 15% per annum. As of October 31, 2013, Affinity Mediaworks Corp. currently owes Cortland Communications, LLC $1,600 in principal on this note, with interest accrued of $9.

From August - October 2013, Affinity Mediaworks incurred liabilities to a third party in the amount of $3,597. These promissory notes bear simple interest at 15% per annum. As of October 31, 2013, Affinity Mediaworks Corp. currently owes $3,597 in principal on these notes, with interest accrued of $118.

 

Net cash used in operating activities was $11,967 during the nine months ended October 31, 2013.

 

Net cash provided by investing activities was $0 during the nine months ended October 31, 2013.

 

Net cash provided by financing activities was $11,967 during the nine months ended October 31, 2013.

 

15
 

To date, we have had no revenue and we require additional financing in order to finance our business activities on an ongoing basis.  Our future capital requirements will depend on numerous factors including, but not limited to, continued progress in finding a merger candidate and the pursuit of business opportunities. We are actively pursuing alternative financing and have had discussions with various third parties, although no firm commitments have been obtained to date.  In the interim, shareholders of the Company have committed to meet our minimal operating expenses.  We believe that actions presently being taken to revise our operating and financial requirements provide them with the opportunity to continue as a “going concern,” although no assurances can be given.

 

NET LOSS FROM OPERATIONS

 

The Company had a net loss of $(4,389,126) for the period from December 17, 2007 (inception) through October 31, 2013. The company had net loss of $(1,710,616) for the nine months ended October 31, 2013 as compared to a net loss of $(1,685,966) for the nine months ended October 31, 2012.

 

CASH FLOW

 

Our primary source of liquidity has been cash from donated capital and loans from shareholders.

 

WORKING CAPITAL

 

As of January 31, 2013 the Company had total current assets of $0 and total liabilities of $17,208, which resulted in a working capital deficit of $(17,208). As of October 31, 2013, the Company had total current assets, a prepaid expense of $1,000 and total current liabilities of $14,324 resulting in a working capital deficit of $(13,324).

 

RESULTS OF OPERATIONS FOR THE THREE MONTHS ENDED OCTOBER 31, 2013 COMPARED TO THE THREE MONTHS ENDED OCTOBER 31, 2012

 

LACK OF REVENUES

 

We are a development stage company with limited operations since our inception on December 17, 2007 to October 31, 2013.  We have not generated any revenues.  As of October 31, 2013, we have an accumulated deficit of $(4,389,126). At this time, our ability to generate any significant revenues continues to be uncertain.  Our financial statements contain an additional explanatory paragraph in Note 2, which identifies issues that raise substantial doubt about our ability to continue as a going concern.  Our financial statements do not include any adjustment that might result from the outcome of this uncertainty.

  

NET LOSS

 

We incurred a net loss of $(5,724) for the three months ended October 31, 2013, compared to a net loss of $(5,013) for three months ended October 31, 2012.  From inception on December 17, 2007 to October 31, 2013, we have incurred a net loss of $(4,389,126). Our basic and diluted loss per share was $(0.00) for the three months ended October 31, 2013, and $(0.00) for the three months ended October 31, 2012. 

 

OPERATION AND ADMINISTRATIVE EXPENSES

 

Our total operating expenses increased to $5,597 for the three months ended October 31, 2013, compared to $4,897 for the same period in 2012.  This increase in expenses is mostly due to G&A expense in 2013.  Since our inception on December 17, 2007 to October 31, 2013, we have incurred total operating expenses of $2,698,309.

 

Our consulting services remained unchanged at $750 for the three months ended October 31, 2013 compared to the same period in 2012.  Since our inception on December 17, 2007 until October 31, 2013 we have spent $44,096 on consulting fees.

 

Our rent expense remained unchanged at $750 for the three months ended October 31, 2013 compared to the same period in 2012.  Since our inception on December 17, 2007 until October 31, 2013 we have spent $17,500 on rent.

 

Our management fees were $0 for the three months ended October 31, 2013 and July 31, 2012.  Since our inception on December 17, 2007 until October 31, 2013 we have spent $240,000 on management fees.

16
 

 

Our general and administrative expenses consist of bank charges, travel, meals and entertainment, office maintenance, communication expenses, courier, postage costs, and office supplies.  Our general and administrative expenses increased to $1,597 for the three months ended October 31, 2013, compared to $897 for the same period in 012.  Since our inception on December 17, 2007 until October 31, 2013 we have spent $1,700,734 on general and administrative expenses. Our legal and accounting fees were $2,500 both for the three months ended October 31, 2013 and the same period in 2012.  Since our inception on December 17, 2007 until October 31, 2013 we have spent $87,579 on legal and accounting expenses.

 

RESULTS OF OPERATIONS FOR THE NINE MONTHS ENDED OCTOBER 31, 2013 COMPARED TO THE NINE MONTHS ENDED OCTOBER 31, 2012

 

LACK OF REVENUES

 

We are a development stage company with limited operations since our inception on December 17, 2007 to October 31, 2013.  We have not generated any revenues.  As of October 31, 2013, we have an accumulated deficit of $(4,389,126). At this time, our ability to generate any significant revenues continues to be uncertain.  Our financial statements contain an additional explanatory paragraph in Note 2, which identifies issues that raise substantial doubt about our ability to continue as a going concern.  Our financial statements do not include any adjustment that might result from the outcome of this uncertainty  

 

NET LOSS

 

We incurred a net loss of $(1,710,616) for the nine months ended October 31, 2013, compared to a net loss of $(1,685,966) for nine months ended October 31, 2012.  From inception on December 17, 2007 to October 31, 2013, we have incurred a net loss of $(4,389,126). Our basic and diluted loss per share was $(0.02) for the nine months ended October 31, 2013, and $(0.02) for the nine months ended October 31, 2012. 

 

OPERATION AND ADMINISTRATIVE EXPENSES

 

Our total operating expenses decreased to $15,817 for the nine months ended October 31, 2013, compared to $1,690,729 for the same period in 2012. This decrease in expenses is mostly due to G&A expense in 2012.  Since our inception on December 17, 2007 to October 31, 2013, we have incurred total operating expenses of $2,698,309.

 

Our consulting services remained unchanged at $2,250 for the nine months ended October 31, 2013 compared to the same period in 2012.  Since our inception on December 17, 2007 until October 31, 2013 we have spent $44,096 on consulting fees.

 

Our rent expense remained unchanged at $2,250 for the nine months ended October 31, 2013 compared to the same period in 2012.  Since our inception on December 17, 2007 until October 31, 2013 we have spent $17,500 on rent.

 

Our management fees were $0 for the nine months ended October 31, 2013 and October 31, 2012.  Since our inception on December 17, 2007 until October 31, 2013 we have spent $240,000 on management fees.

 

Our general and administrative expenses consist of bank charges, travel, meals and entertainment, office maintenance, communication expenses, courier, postage costs, office supplies.  Our general and administrative expenses decreased to $3,317 for the nine months ended October 31, 2013, compared to $1,682,379 for the same period in 2012.  Since our inception on December 17, 2007 until October 31, 2013 we have spent $1,700,734 on general and administrative expenses. Our legal and accounting fees increased to $8,000 for the nine months ended October 31, 2013, compared to $3,850 for the same for the same period in 2012. Since our inception on December 17, 2007 until October 31, 2013 we have spent $87,579 on legal and accounting expenses

 

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK 

 

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

 

 

 

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ITEM 4.     CONTROLS AND PROCEDURES 

 

EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES

 

For purposes of this Item 4., the term disclosure controls and procedures means controls and other procedures of the Company (i) that are designed 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, as amended (15 U.S.C. 78a et seq. and hereinafter the “Exchange Act”) is recorded, processed, summarized and reported, within the time periods specified in the rules and forms of the Securities and Exchange Commission (the “Commission”), and (ii) include, without limitation, controls and procedures designed to ensure that information required to be disclosed by the Company in the reports that it files or submits under the Exchange Act 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. Our disclosure controls and procedures do not yet comply with the requirements in (i) and (ii) above and are not effective.  

 

On October 31, 2013, Mark T. Gleason, our Chief Executive Officer and Chief Financial Officer as of the date of this filing, reviewed the effectiveness of our disclosure controls and procedures (as defined in Rules 13a-15(f) and 15d-15(f) of the Exchange Act) as of the end of the period covered by this report and has concluded that (i) the Company’s disclosure controls and procedures are not effective to ensure that material information relating to the Company is recorded, processed, summarized, and reported within the time periods specified in the rules and forms of the Commission due to a material weakness identified, and that (ii) the Company’s controls and procedures are designed to ensure that information required to be disclosed by the Company in the reports that it files or submits under the Exchange Act 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.  

 

The material weakness identified relates to the lack of proper segregation of duties. The Company believes that the lack of proper segregation of duties is due to the Company’s limited resources.

 

MANAGEMENT’S QUARTERLY REPORT ON INTERNAL CONTROLS OVER FINANCIAL REPORTING

 

Management, including Mark T. Gleason, our Chief Executive Officer and Chief Financial Officer, is responsible for establishing and maintaining adequate internal control over financial reporting, as such term is defined in Exchange Act Rule 13a – 15(f). Management conducted an assessment as of October 31, 2013 of the effectiveness of our internal control over financial reporting based on the framework in Internal Control – Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (“COSO”). Based on that evaluation, management concluded that our internal control over financial reporting was ineffective as of October 31, 2013.

 

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements should they occur. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions or that the degree of compliance with the control procedure may deteriorate.

 

This Quarterly Report does not include an attestation report of our registered public accounting firm regarding internal control over financial reporting. Management’s report was not subject to attestation by our registered public accounting firm pursuant to temporary rules of the Securities and Exchange Commission that permit us to provide only management’s report in this Quarterly Report. As required by SEC Rule 13a-15(b), our company carried out an evaluation, under the supervision and with the participation of management, including our Chief Executive Officer, of the effectiveness of its disclosure controls and procedures as of the end of the period covered by this Quarterly Report. Based on this evaluation, management concluded that our disclosure controls and procedures were ineffective at the reasonable assurance level. The material weaknesses identified relates to the following:

 

-Lack of proper segregation of duties
-Lack of a formal control process that provides for multiple levels of supervision and review

The Company believes that the material weaknesses are due to the Company’s limited resources.

 

 

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CHANGES IN INTERNAL CONTROLS OVER FINANCIAL REPORTING

 

There were no changes in our internal control over financial reporting identified in connection with our evaluation of these controls as of the second fiscal quarter ended October 31, 2013 as covered by this report that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

 

INHERENT LIMITATIONS ON EFFECTIVENESS OF CONTROLS

 

The Company's management does not expect that its disclosure controls or its internal control over financial reporting will prevent or detect all error and all fraud. A control system, no matter how well designed and operated, can provide only reasonable, not absolute, assurance that the control system's objectives will be met. The design of a control system must reflect the fact that there are resource constraints, and the benefits of controls must be considered relative to their costs. Further, because of the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that misstatements due to error or fraud will not occur or that all control issues and instances of fraud, if any, within the Company have been detected. These inherent limitations include the realities that judgments in decision making can be faulty and that breakdowns can occur because of simple error or mistake. Controls can also be circumvented by the individual acts of some persons, by collusion of two or more people, or management override of the controls. The design of any system of controls is based in part on certain assumptions about the likelihood of future events, and there can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions. Projections of any evaluation of controls effectiveness to future periods are subject to risks. Over time, controls may become inadequate because of changes in conditions or deterioration in the degree of compliance with policies or procedures.

 

 

  

 

 

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PART II. OTHER INFORMATION

 

ITEM 1. LEGAL PROCEEDINGS

 

Not applicable.

 

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

 

None.

 

ITEM 3. DEFAULTS UPON SENIOR SECURITIES.

 

None.

   

ITEM 4. MINING SAFETY DISCLOSURE

 

None.

 

ITEM 5. OTHER INFORMATION

 

None.

 

 

 

 

 

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ITEM 6. EXHIBITS

 

Exhibit Number Description
31.1 Certification of the Chief Executive Officer Pursuant to Rule 13a-14 or 15d-14 of the Exchange Act pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
32.1 Certification of the Chief Executive Officer Pursuant to 18 U.S.C. Section 1350 as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
100* Interactive Data Files for Affinity Mediaworks Corp. 10Q for the Period Ended October 31, 2013
101.INS  XBRL Instance Document
101.SCH XBRL Taxonomy Extension Schema Document
101.CAL XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF XBRL Taxonomy Extension Definition Linkbase Document
101.LAB XBRL Taxonomy Extension Label Linkbase Document
101.PRE XBRL Taxonomy Extension Presentation Linkbase Document

 

 

 

  

 

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 SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

AFFINITY MEDIAWORKS CORP.

 

Date: December 10, 2013 By: /s/  Mark T. Gleason
Mark T. Gleason
Chief Executive Officer, Chief Financial Officer,
President and Director
(Principal Executive Officer)
(Principal Financial Officer)

 

 

 

 

 

 

 

 

 

 

 

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