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EXCEL - IDEA: XBRL DOCUMENT - ICOX INNOVATIONS INC.Financial_Report.xls
EX-32.2 - ICOX INNOVATIONS INC.ex32-2.txt
EX-32.1 - ICOX INNOVATIONS INC.ex32-1.txt
EX-31.1 - ICOX INNOVATIONS INC.ex31-1.txt
EX-31.2 - ICOX INNOVATIONS INC.ex31-2.txt

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 10-Q

[X] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
    ACT OF 1934

    FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2014

                        Commission File Number 000-55049


                          REDSTONE LITERARY AGENTS INC.
             (Exact name of registrant as specified in its charter)

                                     NEVADA
         (State or other jurisdiction of incorporation or organization)

                            1842 E Campo Bello Drive
                                Phoenix, AZ 85022
          (Address of principal executive offices, including zip code)

                                  (602)867-0160
                     (Telephone number, including area code)

                             Mary S. Wolf, President
                          Redstone Literary Agents Inc.
                            1842 E Campo Bello Drive
                                Phoenix, AZ 85022
                 Telephone (602)867-0160 Facsimile (602)865-7313
            (Name, address and telephone number of agent for service)

           Securities registered pursuant to Section 12(b) of the Act:
                                      None

           Securities registered pursuant to section 12(g) of the Act:
                          Common Stock, $.001 par value

Check whether the issuer (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 required to file such reports), and (2) has been
subject to such filing requirements for the last 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 (ss.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
the definitions of "large accelerated filer, "accelerated filer,"
"non-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 registrant is a shell company (as defined in
Rule 12b-2 of the Exchange Act). YES [X] NO [ ]

As of May 1, 2014, the registrant had 6,000,000 shares of common stock issued
and outstanding. No market value has been computed based upon the fact that no
active trading market had been established as of May 20, 2014.

REDSTONE LITERARY AGENTS INC. INDEX PART I - FINANCIAL INFORMATION Item 1. Financial Statements (Unaudited) Condensed Balance Sheets As of March 31, 2014 (Unaudited) and December 31, 2013 (Audited) 3 Condensed Statements of Operations For the three Month Periods Ended March 31, 2014 and 2013 and the Period from Inception (July 20, 2010) Through March 31, 2014 4 Condensed Statements of Cash Flows For the three Month Periods Ended March 31, 2014 and 2013 and the Period from Inception (July 20, 2010) Through March 31, 2014 5 Condensed Statement of Movement in Stockholders' Deficit For the period from Inception (July 20, 2010) Through March 31, 2014 6 Notes to Unaudited Financial Statements 7 Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations 10 Item 3. Quantitative and Qualitative Disclosures About Market Risk 13 Item 4. Controls and Procedures 13 PART II - OTHER INFORMATION Item 1. Legal Proceedings 15 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 15 Item 3. Defaults upon Senior Securities 15 Item 4. Mine Safety Disclosures 15 Item 5. Other Information 15 SIGNATURES 16 2
Redstone Literary Agents, Inc. (A Development Stage Company) Condensed Balance Sheets -------------------------------------------------------------------------------- March 31, 2014 December 31, 2013 -------------- ----------------- (Unaudited) (Audited) ASSETS CURRENT ASSETS Cash & cash equivalents $ 9,154 $ 23,665 -------- -------- Total current assets 9,154 23,665 -------- -------- TOTAL ASSETS $ 9,154 $ 23,665 ======== ======== LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) CURRENT LIABILITIES Accounts payable $ -- $ 100 Loans from related party 9,622 9,527 -------- -------- Total current liabilities 9,622 9,627 -------- -------- TOTAL LIABILITIES 9,622 9,627 STOCKHOLDERS' EQUITY (DEFICIT) Common stock, $0.001 par value, 75,000,000 shares authorized; 6,000,000 shares issued and outstanding: 6,000 6,000 Additional paid-in-capital 54,000 54,000 Deficit accumulated during the development stage (60,468) (45,962) -------- -------- Total Stockholders' Equity (Deficit) (468) 14,038 -------- -------- TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) $ 9,154 $ 23,665 ======== ======== The accompanying notes are an integral part of these unaudited financial statements. 3
Redstone Literary Agents, Inc. (A Development Stage Company) Condensed Statement of Operations (Unaudited) -------------------------------------------------------------------------------- For the Period Three Months Three Months from Inception Ended Ended (July 20, 2010) to March 31, 2014 March 31, 2013 March 31, 2014 -------------- -------------- -------------- REVENUE $ -- $ -- $ 11,150 GENERAL AND ADMINISTRATIVE EXPENSES Bank charges and interest 155 51 1,454 Consulting fees 450 450 12,830 Professional fees 2,000 3,250 27,200 Filing fees 11,901 808 20,557 Office expenses -- -- 9,577 ---------- ---------- ---------- Total general and administrative expenses 14,506 4,559 71,618 ---------- ---------- ---------- Net loss from operations (14,506) (4,559) (71,618) Provision for taxes -- -- -- ---------- ---------- ---------- Net loss $ (14,506) $ (4,559) $ (60,468) ========== ========== ========== LOSS PER COMMON SHARE - BASIC AND DILUTED $ (0.00)* $ (0.00)* ========== ========== WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - BASIC AND DILUTED 6,000,000 6,000,000 ========== ========== ---------- * denotes a loss of less than $(0.01) per share. The accompanying notes are an integral part of these unaudited financial statements. 4
Redstone Literary Agents, Inc. Condensed Statement of Changes in Stockholders' Equity (Deficit) (A Development Stage Company) (Unaudited) -------------------------------------------------------------------------------- Deficit Total Accumulated Stock- Number of Additional Total During the holders' Common Par Paid-in Capital Development Equity Shares Value Capital Stock Stage (Deficit) ------ ----- ------- ----- ----- --------- Balance, July 20, 2010 (Inception) - audited Common Shares issued for cash at $0.005 on July 20, 2010 3,000,000 $ 3,000 $12,000 $ 15,000 $ -- $ 15,000 Share subscription receivable -- -- -- (5,000) -- (5,000) Net loss for the period -- -- -- -- (770) (770) --------- ------- ------- -------- -------- --------- Balance, December 31, 2010 - audited 3,000,000 3,000 12,000 10,000 (770) 9,230 Net loss for the year -- -- -- -- (13,310) (13,310) --------- ------- ------- -------- -------- --------- Balance, December 31, 2011 - audited 3,000,000 3,000 12,000 10,000 (14,080) (4,080) Common Shares issued for cash at $0.015 on January 27, 2012 3,000,000 3,000 42,000 45,000 -- 45,000 Share subscription received -- -- -- 5,000 -- 5,000 Net loss for the year -- -- -- -- (13,292) (13,292) --------- ------- ------- -------- -------- --------- Balance, December 31, 2012 - audited 6,000,000 6,000 54,000 60,000 (27,372) 32,628 Net loss for the year -- -- -- (18,590) (18,590) --------- ------- ------- -------- -------- --------- Balance, December 31, 2013 - audited 6,000,000 6,000 54,000 60,000 (45,962) 14,038 Net loss for the period -- -- -- -- (14,506) (14,506) --------- ------- ------- -------- -------- --------- Balance, March 31, 2014 - unaudited 6,000,000 $ 6,000 $54,000 $ 60,000 $(60,468) $ (468) ========= ======= ======= ======== ======== ========= The accompanying notes are an integral part of these unaudited financial statements. 5
Redstone Literary Agents, Inc. Condensed Statements of Cash Flows (A Development Stage Company) (Unaudited) -------------------------------------------------------------------------------- For the Period Three Months Three Months from Inception Ended Ended (July 20, 2010) to March 31, 2014 March 31, 2013 March 31, 2014 -------------- -------------- -------------- CASH DERIVED FROM (USED FOR) OPERATING ACTIVITIES Net loss for the period $(14,506) $ (4,559) $(60,468) Changes in operating assets and liabilities Accounts payable (100) -- -- -------- -------- -------- Net cash (used in) operating activities (14,606) $ (4,559) (60,468) -------- -------- -------- INVESTING ACTIVITIES Net cash provided by (used in) investing activities -- -- -- -------- -------- -------- FINANCING ACTIVITIES Proceeds from sale of common stock -- -- 60,000 Proceeds from loans from related party 95 -- 9,622 -------- -------- -------- Net cash provided by financing activities 95 -- 69,622 -------- -------- -------- Net changes in cash and equivalents (14,511) (4,559) 9,154 Cash and equivalents at beginning of the period 23,665 41,789 -- -------- -------- -------- Cash and equivalents at end of the period $ 9,154 $ 37,230 $ 9,154 ======== ======== ======== The accompanying notes are an integral part of these unaudited financial statements. 6
Redstone Literary Agents, Inc. (A Development Stage Company) Notes to Financial Statements March 31, 2014 (Unaudited) -------------------------------------------------------------------------------- 1. NATURE AND CONTINUANCE OF OPERATIONS Redstone Literary Agents, Inc. ("the Company") was incorporated under the laws of State of Nevada on July 20, 2010 (Inception) with an authorized share capital of 75,000,000 shares of common stock with a par value of $0.001. The Company's year-end is December 31. The Company is in the development stage of its publishing service business. . GOING CONCERN These financial statements have been prepared on a going concern basis which assumes the Company will be able to realize its assets and discharge its liabilities in the normal course of business for the foreseeable future. The Company has incurred losses since Inception resulting in an accumulated deficit of $60,468 as at March 31, 2014 and further losses are anticipated in the development of its business raising substantial doubt about the Company's ability to continue as a going concern. The ability to continue as a going concern is dependent upon the Company generating profitable operations in the future and, or, obtaining the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. Management intends to finance operating costs over the next twelve months with existing cash on hand, loans from directors and, or, the private placement of shares of the Company's common stock. 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES BASIS OF PRESENTATION The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America and are presented in US dollars. DEVELOPMENT STAGE COMPANY The Company is a development stage company in accordance with Financial Accounting Standards Codification ("ASC") 915 "DEVELOPMENT STAGE ENTITIES". Among the disclosures required as a development stage company are that our financial statements are identified as those of a development stage company and that the statements of operations, changes in stockholders' equity (deficit) and cash flows disclose activity since the date of our Inception (July 20, 2010) as a development stage company. USE OF ESTIMATES AND ASSUMPTIONS The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the period. Actual results could differ from those estimates. INCOME TAXES The Company follows the liability method of accounting for income taxes. Under this method, deferred income tax assets and liabilities are recognized for the estimated tax consequences attributable to differences between the financial statement carrying values and their respective income tax basis (temporary differences). The effect on deferred income tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. At March 31, 2014, a full deferred tax asset valuation allowance has been provided and no deferred tax asset has been recorded. 7
2. Earning Per Share The Company computes loss per share in accordance with ASC 105, "EARNINGS PER SHARE" which requires presentation of both basic and diluted earnings per share on the face of the statement of operations. Basic loss per share is computed by dividing net loss available to common shareholders by the weighted average number of outstanding common shares during the period. Diluted loss per share gives effect to all dilutive potential common shares outstanding during the period. Dilutive loss per share excludes all potential common shares if their effect is anti-dilutive. The Company had no potential dilutive debt or equity instruments issued and outstanding during the three months ended March 31, 2014 or 2013 and accordingly basic loss per share and identical to diluted loss per share. STOCK-BASED COMPENSATION The Company accounts for employee and non-employee stock awards under ASC 718, whereby equity instruments issued to employees for services are recorded based on the fair value of the instrument issued and those issued to non-employees are recorded based on the fair value of the consideration received or the fair value of the equity instrument, whichever is more reliably measurable. CASH AND CASH EQUIVALENTS For purposes of the statement of cash flows, the Company considers all highly liquid instruments purchased with an original maturity of three months or less to be cash equivalents. DIVIDENDS The Company has not adopted any policy regarding payment of dividends. No dividends have been paid during any of the periods shown. IMPAIRMENT OF LONG-LIVED ASSETS The Company, when applicable, continually monitors events and changes in circumstances that could indicate carrying amounts of long-lived assets may not be recoverable. When such events or changes in circumstances are present, the Company assesses the recoverability of long-lived assets by determining whether the carrying value of such assets will be recovered through undiscounted expected future cash flows. If the total of the future cash flows is less than the carrying amount of those assets, the Company recognizes an impairment loss based on the excess of the carrying amount over the fair value of the assets. Assets to be disposed of are reported at the lower of the carrying amount or the fair value less costs to sell. FINANCIAL INSTRUMENTS Fair value measurements are determined based on the assumptions that market participants would use in pricing an asset or liability. ASC 820-10 establishes a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available. ASC 820 establishes a fair value hierarchy that prioritizes the use of inputs used in valuation methodologies into the following three levels: Level 1: Quoted prices (unadjusted) for identical assets or liabilities in active markets. A quoted price in an active market provides the most reliable evidence of fair value and must be used to measure fair value whenever available. Level 2: Significant other observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 3: Significant unobservable inputs which reflect a reporting entity's own assumptions about the assumptions that market participants would use for pricing an asset or liability. For example, level 3 inputs would relate to forecasts of future earnings and cash flows used in a discounted future cash flows method. 8
The recorded amounts of financial instruments, including accounts payable and loans from related party approximate their market values as of March 31, 2014 because of the short maturity of these instruments. RECENT ACCOUNTING PRONOUNCEMENTS We have reviewed all the recently issued, but not yet effective, accounting pronouncements and we do not believe that the future adoption of any such pronouncements may be expected to cause a material impact on our financial condition or the results of our operations. RECLASSIFICATIONS Certain amounts previously presented for prior periods have been reclassified. The reclassifications had no effect on net loss, total assets, or total shareholders' equity. 3. COMMON STOCK The total number of common shares authorized that may be issued by the Company is 75,000,000 shares with a par value of one tenth of one cent ($0.001) per share and no other class of shares is authorized. As of March 31, 2014, the Company has issued 6,000,000 shares of common stock for total cash proceeds of $60,000. At March 31, 2014, there were no outstanding stock options or warrants. 4. INCOME TAXES As of March 31, 2014, the Company had net operating loss carry forwards of approximately $60,468 that may be available to reduce future years' taxable income, expiring 2030 through 2034. Future tax benefits which may arise as a result of these losses have not been recognized in these financial statements, as their realization is determined not likely to occur and accordingly, the Company has recorded a valuation allowance for the deferred tax asset relating to these tax loss carry-forwards. 5. RELATED PARTY TRANSACTIONS In support of the Company's efforts and cash requirements, it may rely on advances from related parties until such time that the Company can support its operations or attains adequate financing through sales of its equity or traditional debt financing. There is no formal written commitment for continued support by shareholders. Amounts represent advances or amounts paid in satisfaction of liabilities. The advances are considered temporary in nature and have not been formalized by a promissory note. As of March 31, 2014, the Company had a loan outstanding with one of the Company's shareholders in the amount of $9,622 with a 4% annual interest rate. The loan is unsecured and due on demand. 6. SUBSEQUENT EVENT In accordance with ASC 855-10, "Subsequent Events" the Company has analyzed its operations subsequent to March 31, 2014 to the date these financial statements were available to be issued on May 20, 2014, and has determined that it does not have any material subsequent events to disclose in these financial statements. 9
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION FORWARD LOOKING STATEMENTS Some of the statements contained in this Form 10-Q that are not historical facts are "forward-looking statements" which can be identified by the use of terminology such as "estimates," "projects," "plans," "believes," "expects," "anticipates," "intends," or the negative or other variations, or by discussions of strategy that involve risks and uncertainties. We urge you to be cautious of the forward-looking statements, that such statements, which are contained in this Form 10-Q, reflect our current beliefs with respect to future events and involve known and unknown risks, uncertainties and other factors affecting our operations, market growth, services, products and licenses. No assurances can be given regarding the achievement of future results, as actual results may differ materially as a result of the risks we face, and actual events may differ from the assumptions underlying the statements that have been made regarding anticipated events. All written forward-looking statements made in connection with this Form 10-Q that are attributable to us or persons acting on our behalf are expressly qualified in their entirety by these cautionary statements. Given the uncertainties that surround such statements, you are cautioned not to place undue reliance on such forward-looking statements. The safe harbours of forward-looking statements provided by the Securities Litigation Reform Act of 1995 are unavailable to issuers not subject to the reporting requirements set forth under Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended. As we have not registered our securities pursuant to Section 12 of the Exchange Act, such safe harbours set forth under the Reform Act are unavailable to us. RESULTS OF OPERATIONS THREE MONTHS ENDED MARCH 31, 2014 COMPARED TO THE THREE MONTHS ENDED MARCH 31, 2013 REVENUE We had no revenue for the three months ended March 31, 2014 and 2013 reflecting our status as a development stage company. OPERATING EXPENSES We incurred operating expenses of $14,606 and $4,559 for the three months ended March 31, 2014 and 2013, respectively. The increase in operating expenses between the two periods related primarily to the increase in filing and transfer agent fees. NET LOSS We incurred a net loss of $14,506 and $4,559 for the three months ended March 31, 2014 and 2013, respectively, due to the factors discussed above. 10
The following table provides selected financial data about our company for the period ended March 31, 2014: Balance Sheet Data: March 31, 2014 ------------------- -------------- Cash $9,154 Total assets $9,154 Total liabilities $9,622 Shareholders' Deficit $ 468 Our auditors have expressed their doubt about our ability to continue as a going concern unless we are able to generate profitable operations. LIQUIDITY AND CAPITAL RESOURCES These financial statements have been prepared on a going concern basis which assumes the Company will be able to realize its assets and discharge its liabilities in the normal course of business for the foreseeable future. The Company has incurred losses since Inception resulting in an accumulated deficit of $60,468 as at March 31, 2014 and further losses are anticipated in the development of its business raising substantial doubt about the Company's ability to continue as a going concern. The ability to continue as a going concern is dependent upon the Company generating profitable operations in the future and, or, obtaining the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. Management intends to finance operating costs over the next twelve months with existing cash on hand, loans from directors and, or, the private placement of shares of the Company's common stock. The following table provides selected financial data about our company for the period ended March 31, 2014: Balance Sheet Data: March 31, 2014 ------------------- -------------- Cash $9,154 Total assets $9,154 Total liabilities $9,622 Shareholders' Deficit $ 468 Our auditors have expressed their doubt about our ability to continue as a going concern unless we are able to generate profitable operations. We currently have $9,154 cash in the bank which comprises our total assets. Management believes that the current cash is sufficient to fund operations for the next twelve months. As of March 31, 2014, the Company had a loan outstanding with the Company's shareholder in the amount of $9,622, ($9,000 principal and $622 accrued interest). The loan bears an interest rate of 4%, due upon demand and unsecured. 11
We currently have no plans to hire additional employees in the next twelve months unless sales are sufficient to cover the cost. CASH FLOW INFORMATION FOR THE THREE MONTHS ENDED MARCH 31, 2014 COMPARED TO THE THREE MONTHS ENDED MARCH 31, 2013 OPERATING ACTIVITIES During the three months ended March 31, 2014 we used $14,606 in operating activities compared to $4,559 in the three months ended March 31, 2013. The increase between 2013 and 2014 primarily relates to the increase in net loss between the two periods. INVESTING ACTIVITIES During the three months ended March 31, 2014 and 2013 we neither generated, nor used, any funds firm investing activities. FINANCING ACTIVITIES During the three months ended March 31, 2014 we received $95 (2013 - $0) by way of loan from a related party. PLAN OF OPERATION The milestones for the next twelve months are: APRIL - JUNE 2014 Our PR representative is continuing to meet with physicians to procure first time author opportunities. The company also assisted a concierge medical group with some publishing opportunities. We met with another large medical group in New York in the middle of March to talk about how we can assist them with publishing opportunities for their new division which will require some copywriting, publishing and media communications. If the above contract is secured then this will assist the company with cash flow and give more exposure to our copywriting and publishing experience. We are also proposing to assist the medical community with copywriting for their on and offline domains to create e-zines that are a few to 125 pages. JULY - SEPTEMBER 2014 We will be doing research about upcoming book fairs. We need to also secure a few vendor events that are low cost for us to be able to exhibit our services. The month of August we will be on hiatus and there will be no operations actively being pursued. 12
OCTOBER - DECEMBER 2014 We are going to be working on draft transcripts for the authors we secured in June July and September. We will also be working with established authors to assist them in promoting their publications via marketing communications practices. This includes press releases and press tour management. JANUARY - MARCH 2015 We hope to design and complete our Redstone app which will assist and give an easy link for our authors and our services. We also will be securing PR contracts for publishers and authors. Our continued operations depend on literary trends. If our authors and literary works are not trending topics publishing houses are looking for this could adversely affect our business. The proper representation of trending and expert authors important to our success and competitive position, and the inability to continue to develop and offer such unique products to our customers could harm our business. We cannot be certain that any author and his or her topic of literature will be in demand. In addition, there are no assurances that our future authors will be successful, and any unsuccessful literary representation could adversely affect our business. Competition in the literary industry is fierce. If we cannot successfully compete, our business may be adversely affected. If we are able to establish our business we will compete against a large number of well-established companies with greater product and name recognition and with substantially greater financial, marketing and distribution capabilities than ours, as well as against a large number of small specialty producers. There can be no assurance that we can compete successfully in this complex and changing market. OFF-BALANCE SHEET ARRANGEMENTS We have no off-balance sheet arrangements. ITEM 3. QUANTATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK As a "smaller reporting company" as defined by Item 10 of Regulation S-K, the Company is not required to provide information required by this Item. ITEM 4. CONTROLS AND PROCEDURES EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES Management maintains "disclosure controls and procedures," as such term is defined in Rule 13a-15(e) under the Securities Exchange Act of 1934 (the "Exchange Act"), that are designed to ensure that information required to be disclosed in our Exchange Act reports is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission rules and forms, and that such information is accumulated and communicated to management, including our Chief Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions regarding required disclosure. 13
In connection with the preparation of this quarterly report on Form 10-Q, an evaluation was carried out by management, with the participation of the Chief Executive Officer and the Chief Financial Officer, of the effectiveness of our disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act) as of March 31, 2014. Based on that evaluation, management concluded, as of the end of the period covered by this report, that our disclosure controls and procedures were effective in recording, processing, summarizing, and reporting information required to be disclosed, within the time periods specified in the Securities and Exchange Commission's rules and forms. CHANGES IN INTERNAL CONTROLS OVER FINANCIAL REPORTING As of the end of the period covered by this report, there have been no changes in our internal controls over financial reporting during the quarter ended March 31, 2014, that materially affected, or are reasonably likely to materially affect, our internal control over financial reporting subsequent to the date of management's last evaluation. 14
PART II. OTHER INFORMATION ITEM 1. LEGAL PROCEEDINGS We were not subject to any legal proceedings during the three months ended March 31, 2014 or 2013 and, to the best of our knowledge; no legal proceedings are pending or threatened. ITEM 2. CHANGES IN SECURITIES There were no changes in our securities in the three months ended March 31, 2014 or 2013. ITEM 3. DEFAULTS UPON SENIOR SECURITIES None. ITEM 4. MINE SAFETY DISCLOSURES Not applicable. ITEM 5. OTHER INFORMATION None. ITEM 6. EXHIBITS The following exhibits are included with this quarterly filing. Those marked with an asterisk and required to be filed hereunder, are incorporated by reference and can be found in their entirety in our Registration Statement on Form S-1, filed under SEC File Number 333-173164, at the SEC website at www.sec.gov: Exhibit No. Description ----------- ----------- 3.1 Articles of Incorporation* 3.2 Bylaws* 31.1 Certification pursuant to Rule 13a-14(a) under the Exchange Act of 1934 31.2 Certification pursuant to Rule 13a-14(a) under the Exchange Act of 1934 32.1 Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 32.2 Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 101 Interactive data files pursuant to Rule 405 of Regulation S-T 15
SIGNATURES In accordance with the requirements of the Securities Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, on May 20, 2014. Redstone Literary, Inc., Registrant By: /s/ Mary S. Wolf ------------------------------------- Mary S. Wolf, Director, President, Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer In accordance with the Exchange Act, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated. Redstone Literary, Inc., Registrant May 20, 2014 By: /s/ Mary S. Wolf ------------------------------------- Mary S. Wolf, Director, President, Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer 1