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EX-31.1 - CERTIFICATION - Corix Bioscience, Inc.affw_ex311.htm


U.S. 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 April 30, 2015
 
OR
 
[   ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 
Commission file number:  333-150548
 

 

AMERICAN HOUSING INCOME TRUST, INC.
(Exact name of registrant as specified in its charter) 

Maryland
 
333-150548
 
 75-3265854
(STATE OR OTHER JURISDICTION OF INCORPORATION OR ORGANIZATION)
 
(COMMISSION FILE NO.)
 
(IRS EMPLOYEE IDENTIFICATION NO.)

34225 N. 27th Drive, Building 5, Phoenix, Arizona 85085
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)

(623) 551-5808
(ISSUER TELEPHONE NUMBER)
 
Registrant’s telephone number, including area code: (888) 406 2713
 
 
(Former name, former address and former fiscal year, if changed since last report)
 
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 required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.  Yes x   No ¨
 
Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§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.
 
Large accelerated filer
o
Accelerated filer
o
Non-accelerated filer
o
Smaller reporting company
þ
 
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).  Yes x No ¨
 
State the number of shares outstanding of each of the issuer’s classes of common equity, as of the latest practicable date: 116,068,770 shares of common stock issued and outstanding as of June 15, 2015.
 


 
 
 
 
 
TABLE OF CONTENTS
 
     
PART I
FINANCIAL INFORMATION
3
     
3
     
 
4
     
 
5
     
 
7
     
 
8
     
11
     
11
     
12
     
PART II
   
     
13
     
Item 1A.
Risk Factors
13
     
13
     
13
     
13
     
13
     
13
     
14
 
 
 
2

 
 
 PART I - FINANCIAL INFORMATION
 
 
American Housing Income Trust, Inc.
(formerly Affinity Mediaworks Corp.)
Financial Statements
April 30, 2015
(Unaudited)
 
Contents
 
     
Index
       
Balance Sheets     F-1
       
Statements of Operations     F-2
       
Statements of Stockholders’ Deficit     F-3
       
Statements of Cash Flows     F-4
       
Notes to the Financial Statements     F-5
 
 
 
3

 
 
(formerly Affinity Mediaworks Corp.)
Balance Sheets
(unaudited)

   
April 30,
2015
$
   
January 31,
2015
$
 
             
ASSETS
           
             
Current Assets
           
             
Cash
          461  
Prepaid expense
    45,633        
                 
Total Assets
    45,633       461  
                 
LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY
               
                 
Current Liabilities
               
                 
Accounts payable and accrued liabilities
    12,694        
Due to related parties
    87,996        
                 
Total Liabilities
    100,690        
                 
Stockholders’ (Deficit) Equity
               
                 
Preferred Stock                
9,980,000 shares authorized, $0.00001 par value;                
no shares issued and outstanding
           
                 
Preferred Stock – Series A                
20,000 shares authorized, $0.00001 par value;                
    20,000 shares issued and outstanding (January 31, 2015 – 20,000 shares)
           
                 
Common Stock                
500,000,000 shares authorized, $0. 01 par value;                
116,068,770 shares issued and outstanding (January 31, 2015 – 116,068,770 shares)
    1,160,688       1,160,688  
                 
Additional Paid-in Capital
    3,297,471       3,297,047  
                 
Accumulated Deficit
    (4,513,216 )     (4,457,274 )
                 
Total Stockholders’ (Deficit) Equity
    (55,057 )     461  
                 
Total Liabilities and Stockholders’ (Deficit ) Equity
    45,633       461  

(The accompanying notes are an integral part of these unaudited financial statements)
 
 
4

 
 
(formerly Affinity Mediaworks Corp.)
Statements of Operations
(unaudited)
 
   
Three months
   
Three months
 
   
Ended
   
Ended
 
   
April 30,
   
April 30,
 
   
2015
   
2014
 
    $     $  
                 
Expenses
               
                 
Consulting fees
    4,167       750  
General and administrative
    9,603       3,538  
Professional fees
    42,172       3,000  
Rent
          750  
                 
Total Expenses
    55,942       8,038  
                 
Loss Before Other Expense
    (55,942 )     (8,038 )
                 
Other Expenses
               
                 
Interest expense
          (335 )
                 
Net Loss
    (55,942 )     (8,373 )
                 
Net Loss Per Share – Basic and Diluted
    (0.00 )     (0.00 )
                 
Weighted Average Shares Outstanding – Basic and Diluted
    116,068,770       23,611,347  

(The accompanying notes are an integral part of these unaudited financial statements)
 
 
5

 
 
(formerly Affinity Mediaworks Corp.)
Statements of Stockholders’ (Deficit) Equity
For the three Months Ended April 30, 2015
(unaudited)
 
   
Preferred Stock – Series A
   
Common Stock
   
Additional
             
                           
Paid-in
   
Accumulated
       
   
Shares
   
Amount
   
Shares
   
Amount
   
Capital
   
Deficit
   
Total
 
     #     $     #     $     $     $     $  
                                                       
Balance – January 31, 2015
    20,000             116,068,770       1,160,688       3,297,047       (4,457,274 )     461  
                                                         
Forgiveness of related party note payable
                            424             424  
                                                         
Net loss for the period
                                  (55,942 )     (55,942 )
                                                         
Balance – April 30, 2015
    20,000             116,068,770       1,160,688       3,297,471       (4,513,216 )     (55,057 )

(The accompanying notes are an integral part of these unaudited financial statements)
 
 
6

 
 
(formerly Affinity Mediaworks Corp.)
Statements of Cash Flows
(unaudited)
 
   
Three months
ended
April 30,
2015
$
   
Three months
ended
April 30,
2014
$
 
             
Cash Flows from Operating Activities
           
             
Net loss
    (55,942 )     (8,373 )
                 
Adjustments to reconcile net loss to net cash
               
Donated consulting services and rent
          1,500  
                 
Changes in operating assets and liabilities:
               
Prepaid expenses
    (45,633 )     701  
Accounts payable
    10,694       5,953  
Accrued liabilities
    2,000       (2,500 )
Due to related parties
    87,996       (7,275 )
                 
Net Cash Used In Operating Activities
    (885 )     (9,994 )
                 
Cash Flows from Financing Activities
               
                 
Repayment of loans payable
          (3,597 )
Proceeds from related parties loans payable
    485       13,871  
Repayment of related party loans payable
    (61 )      
                 
Net Cash Provided by Financing Activities
    424       10,274  
                 
Change in Cash
    (461 )     280  
                 
Cash - Beginning of Period
    461        
                 
Cash - End of Period
          280  
                 
Supplemental disclosures of cash flow information:
               
Interest paid
  $     $  
Income taxes paid
  $     $  
                 
Non-Cash Financing Activities
               
Stock issued as Founders Shares
  $     $ 695  
Debt purchased by related party
  $     $ 3,961  
Forgiveness of amount due to related party
  $ 424     $  

(The accompanying notes are an integral part of these unaudited financial statements)
 
 
7

 

(formerly Affinity Mediaworks Corp.)
Notes to Financial Statements (unaudited)
 
1. Nature of Operations
 
The Company was incorporated on December 17, 2007 under the laws of the State of Nevada.  On January 7, 2010, the Company changed its name from Green Bikes Rental Corporation to Affinity Mediaworks Corp.  On May 11, 2015, the Company converted into a Maryland corporation and changed its name to American Housing Income Trust, Inc.  The Company's former principal business was to seek a suitable candidate to consummate an acquisition, merger or other suitable business combination method.
 
On February 4, 2015, the Company and the Company’s shareholders entered into a Share Purchase Agreement with American Realty Partners, LLC (“ARP”) pursuant to which ARP acquired 58,809,678 shares of common stock, representing 50.79% of the total issued and outstanding shares of common stock of the Company, and 20,000 shares of Series A Preferred Stock of the Company representing 100% of the total issued and outstanding shares of preferred stock of the Company.  The agreement closed on February 13, 2015.  As a result of this transaction, a change of control of the Company took place.
 
Going Concern
 
These financial statements have been prepared on a going concern basis, which implies that the Company will continue to realize its assets and discharge its liabilities in the normal course of business. The Company has not generated any revenue since inception and is unlikely to generate significant earnings in the immediate or foreseeable future. The continuation of the Company as a going concern is dependent upon the continued financial support from its stockholders, the ability of the Company to obtain necessary equity financing to continue operations, and the attainment of profitable operations. As at April 30, 2015, the Company has accumulated losses of $4,513,216 since inception. These factors raise substantial doubt regarding the Company’s ability to continue as a going concern. These financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.
 
2.           Summary of Significant Accounting Policies
 
a) Basis of Presentation
 
The accompanying unaudited interim financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission and should be read in conjunction with the audited statements and notes thereto for the years ended January 31, 2015 and 2014 contained in the Company’s Form 10-K filed on May 6, 2015. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary to present fairly the Company’s financial position, results of operations and cash flows for the periods shown have been reflected herein.  The results of operations for such periods are not necessarily indicative of the results expected for a full year or for any future period.  Notes to the financial statements which would substantially duplicate the disclosure contained in the audited financial statements for the years ended January 31, 2015 and 2014 as reported in the Company’s Form 10-K have been omitted.  
 
b) Use of Estimates
 
The preparation of financial statements in accordance with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses in the reporting period. The Company regularly evaluates estimates and assumptions related to the deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.
 
 
8

 
 
c) Recent Accounting Pronouncements
 
The Company has implemented all new accounting pronouncements that are in effect and that may impact its financial statements and does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.
 
3. Related Party Transactions
 
a) On February 17, 2015, a former majority shareholder of the Company advanced $485 to the Company.  During the three months ended April 30, 2015, the Company repaid $61 and the remaining balance of $424 was forgiven by the shareholder and the amount was recorded in additional paid-in capital.
 
b) As at April 30, 2015, the Company is indebted to ARP for $87,996 which represents expenses paid on behalf of the Company.
 
c) During the three months ended April 30, 2015, the Company prepaid $36,000 to its Chief Executive Officer in relation to the executive agreement as described in Note 5(g).  The Company expensed $4,167 of the $36,000 during the three months ended April 30, 2015 and the remaining $31,833 is recorded in prepaid expenses as at April 30, 2015.
 
d) During the three months ended April 30, 2015, the Company prepaid $13,800 to its Chief Financial Officer in relation to the executive agreement as described in Note 5(f).  At April 30, 2015, the $13,800 is recorded in prepaid expenses.
 
4.           Common Stock
 
On February 4, 2015, the board of directors of the Company approved a 1,000 to 1 reverse stock split of the Company’s common stock which resulted to the increase in the par value of the Company’s common stock from $0.00001 to $0.01.  All common stock amounts have been retroactively adjusted for all periods presented.
 
5.           Subsequent Events
 
a) On May 8, 2015, the Company’s Board of Directors approved the issuance of 2,000 post split shares of common stock of the Company to ARP upon the conversion of its Series A Preferred Stock.  The 2,000 post split shares will be issued upon the approval of the reverse stock split by FINRA.
 
b) On May 15, 2015, the Company entered into a Stock Exchange and Restructuring Agreement (“Stock Exchange Agreement”) with ARP. Pursuant to the agreement, the Company will issue 5,000,000 post split shares of common stock in exchange for all the membership units in ARP on a pro rata basis.  ARP will then issue 100 units to the Company.  As a result of this transaction, ARP will become a subsidiary of the Company.
 
c) On May 15, 2015, the Company entered into Parent-Subsidiary and Operations Agreement (“Operations Agreement) with ARP and Performance Realty Management, LLC (“PRM”).  As of the closing of the Stock Exchange Agreement, ARP will become a wholly owned subsidiary of the Company with PRM continuing to serve as manager of ARP.  Pursuant to the Operations Agreement, the Company agrees to be bound by the ARP Operating Agreement dated November 1, 2013.  In consideration of the services to be rendered to or on behalf of the Company by PRM, the Company will 1) issue 1,000,000 post split common stock of the Company to PRM by May 22, 2015 (the “Initial Issuance”); 2) issue, on the annual anniversary of the Initial Issuance, shares of common stock of the Company valued at 1% of the net assets of the Company being managed by PRM.
 
d) On May 15, 2015, the Company entered into an Advisory Board Consulting and Compensation Agreement with a director of the Company pursuant to which the Company agreed to issue 1,000,000 post split shares of common stock to the director of the Company.  In addition, the Company will pay the director an annual fee equal to $120,000 or 1% of the Company’s assets as reported on its year-end balance sheet, whichever is greater.  The Company will also issue an aggregate of 3,000,000 post-split shares of common stock of the Company on the first, second and third anniversary.  The 1,000,000 post-split shares will be issued upon the approval of the reverse stock split by FINRA.
 
 
9

 
 
e) On May 15, 2015, the Company entered into a Director Agreement with a director of the Company pursuant to which the Company agreed to issue 25,000 post-split shares of common stock to the director of the Company.  In addition, the Company agreed to pay the director from time to time for the services provided and may compensate the director with the issuance of shares of common stock of the Company   The 25,000 post-split shares will be issued upon the approval of the reverse stock split by FINRA.
 
f) On May 15, 2015, the Company entered into an executive agreement with the Company’s Chief Financial Officer (“CFO”) for a term of one year.  At the expiration of the initial term, the agreement will be automatically extended for an additional year.  The CFO will work as a part-time consultant initially and in consideration of the part-time services to be rendered by the CFO, the Company agreed to issue 25,000 post-split shares of common stock of the Company.  When the CFO becomes a full time employee of the Company, the Company will pay an annual salary of $24,000 and will issue $24,000 worth of common stock of the Company on the first anniversary of the date on which the CFO becomes a full time employee.
 
g) On May 15, 2015, the Company entered into an executive agreement with the Company’s Chief Executive Officer (“CEO”) for a term of one year.  At the expiration of the initial term, the agreement will be automatically extended for an additional year.  The CEO will work as a part-time consultant initially and in consideration of the part-time services to be rendered by the CEO, the Company agreed to pay a signing bonus of $25,000 and to issue 25,000 post-split shares of common stock of the Company.  In addition, the Company agrees to pay the CEO an annual salary of $25,000 retroactively beginning March 2, 2015.  When the Company achieves the milestone of gross revenue of $1,000,000 per annum, the Company agreed to increase the CEO’s annual salary by $25,000 and to issue an additional 25,000 post-split shares of common stock of the Company.  When the Company achieves the milestone of gross revenue of $1,500,000 per annum, the Company agreed to increase the CEO’s annual salary by an additional $25,000.  When the Company achieves the milestone of gross revenue of $2,000,000 per annum, the Company agreed to increase the CEO’s annual salary by an additional $25,000 per annum and to issue an additional 25,000 post-split shares of common stock.  When the CEO becomes a full time employee, the Company will continue to pay all compensation earned while the CEO is working as a part-time consultant and will re-negotiate the compensation.  The Company will also issue an additional 25,000 post-split shares of common stock of the Company on the first anniversary of the date on which the CEO becomes a full time employee.

h) Effective May 10, 2015, the Company’s reverse stock split and conversion was approved by FINRA, and the Company was assigned the temporary trading symbol of “AFFWD.”  After 20 business days, the symbol will be changed to “AHIT.”  The aforementioned shares have not been issued as of the date of this filing.
 
 
10

 
 

Management's Discussion and Analysis of Financial Condition and Results of Operations.

FORWARD LOOKING STATEMENTS

Certain statements in this report, including statements of our expectations, intentions, plans and beliefs, including those contained in or implied by "Management's Discussion and Analysis" and the Notes to Financial Statements, are "forward-looking statements", within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), that are subject to certain events, risks and uncertainties that may be outside our control. The words "believe", "expect", "anticipate", "optimistic", "intend", "will", and similar expressions identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. We undertake no obligation to update or revise any forward-looking statements. These forward-looking statements include statements of management's plans and objectives for our future operations and statements of future economic performance, information regarding our expansion and possible results from expansion, our expected growth, our capital budget and future capital requirements, the availability of funds and our ability to meet future capital needs, the realization of our deferred tax assets, and the assumptions described in this report underlying such forward-looking statements. Actual results and developments could differ materially from those expressed in or implied by such statements due to a number of factors, including, without limitation, those described in the context of such forward-looking statements.

General Description of Business

The Company incorporates by reference all prior disclosures for the period identified herein, more specifically, the Form 8-K filed on February 5, 2015, Form 8-K filed on February 18, 2015 and the Schedule 14C/A filed on March 30, 2015. See Part II, Item 5.

In further disclosure, several conditions and events cast substantial doubt about the Company’s ability to continue as a going concern.  The Company has incurred cumulative losses of approximately $4,513,216 as of April 30, 2015, has not generated any 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. As of April 30, 2015, we had $0 cash on hand and an accumulated deficit of $4,513,216.

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.

Off-Balance Sheet Arrangements

We have not entered into any 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.

 
None.
 
 
11

 
 

Disclosure Controls and Procedures
 
As required by Rule 13a-15 of the Securities Exchange Act of 1934, our principal executive officer and principal financial officer evaluated our company's disclosure controls and procedures (as defined in Rules 13a-15(e) of the Securities Exchange Act of 1934) as of the end of the period covered by this report. Based on this evaluation, our principal executive officer and principal financial officer concluded that as of the end of the period covered by this report, these disclosure controls and procedures were not effective to ensure that the information required to be disclosed by our company in reports it files or submits under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported within the time periods specified in the rules and forms of the Securities Exchange Commission and to ensure that such information is accumulated and communicated to our company's management, including our principal executive officer and principal financial officer, to allow timely decisions regarding required disclosure. The conclusion that our disclosure controls and procedures were not effective was due to the presence of the following material weaknesses in internal control over financial reporting which are indicative of many small companies with small staff: (i) inadequate segregation of duties and effective risk assessment; and (ii) insufficient written policies and procedures for accounting and financial reporting with respect to the requirements and application of both United States generally accepted accounting principles and Securities and Exchange Commission guidelines. Management anticipates that such disclosure controls and procedures will not be effective until the material weaknesses are remediated.
 
As described in Basis of Presentation in this First Quarter Report for fiscal year 2015, the Company recently determined that a material weakness existed in the Firm's internal control over financial reporting (as defined in Rule 13a-15(f) under the Securities Exchange Act of 1934) as of April 30, 2015. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting such that there is a reasonable possibility that a material misstatement of the annual or interim financial statements will not be prevented or detected on a timely basis.

As a result of that determination, the Company's Chief Executive Officer and Chief Financial Officer have since concluded that the Firm's disclosure controls and procedures were not effective as of April 30, 2015.

We plan to take steps to enhance and improve the design of our internal controls over financial reporting. During the period covered by this quarterly report on Form 10-Q, we have not been able to remediate the material weaknesses identified above. To remediate such weaknesses, we plan to implement the following changes during our fiscal year ending January 31, 2015, subject to obtaining additional financing: (i) appoint additional qualified personnel to address inadequate segregation of duties and ineffective risk management; and (ii) adopt sufficient written policies and procedures for accounting and financial reporting. The remediation efforts set out above are largely dependent upon our securing additional financing to cover the costs of implementing the changes required. If we are unsuccessful in securing such funds, remediation efforts may be adversely affected in a material manner.

Because of the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues, if any, within our 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.

Changes in Internal Control over Financial Reporting
 
There were no changes in our internal control over financial reporting during the quarter ended April 30, 2015 that have materially affected or are reasonably likely to materially affect, our internal control over financial reporting.
 
 
12

 
 
PART II - OTHER INFORMATION

 
There are not presently any material pending legal proceedings to which the Registrant is a party or as to which any of its property is subject, and no such proceedings are known to the Registrant to be threatened or contemplated against it.

 
The Company incorporates by reference all prior disclosures for the period identified herein, more specifically, the Form 8-K filed on February 5, 2015, Form 8-K filed on February 18, 2015 and the Schedule 14C/A filed on March 30, 2015. See Part II, Item 6.

 
None.

 
Not applicable.

 
The Company incorporates by reference all prior disclosures for the period identified herein, more specifically, the Form 8-K filed on February 5, 2015, Form 8-K filed on February 18, 2015 and the Schedule 14C/A filed on March 30, 2015. See Part II, Item 6.

 
            Incorporated by reference
Exhibit
 
Exhibit Description
 
Filed herewith
 
Period ending
 
Filing date
31.1
 
Certification of the Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
 
X
       
32.1
 
Certification of the Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
 
X
       
33.1
 
Certification of the Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
 
X
       
34.1
 
Certification of the Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
 
X
       
 
 
 
13

 
 

Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed by the following persons in the capacities and on the dates indicated.
 
 
American Housing Income Trust, Inc.
 
       
June 15, 2015
By:
/s/ Eric Stoffers  
    Eric Stoffers  
    President  
       
 
 
 

14