Attached files
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
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Washington, D.C. 20549
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FORM 10-Q
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QUARTERLY
REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934
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For the
quarterly period ended July 31, 2016
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TRANSITION
REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934
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For the
transition period from ___________ to ___________
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Commission
File Number 333-185909
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Interactive Multi-Media Auction Corporation
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(Exact
name of registrant as specified in its charter)
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British Virgin Islands
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n/a
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(State
or other jurisdiction of incorporation or
organization)
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(I.R.S.
Employer Identification No.)
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Vanterpool Plaza, 2nd Floor, Wickhams Cay
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Road Town, Tortola, British Virgin Islands
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(Address
of principal executive offices)
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(Zip
Code)
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(284) 494-5959
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(Registrant’s
telephone number)
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n/a
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(Former
name, former address and former fiscal year, if changed since last
report)
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Indicate
by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities
Exchange Act of 1934 during the preceding 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.
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Yes
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No
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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).
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Yes
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No
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Indicate
by check mark whether the registrant is a large accelerated filer,
an accelerated filer, a non-accelerated filer, or a smaller
reporting company. See the definitions of “large accelerated
filer,” “accelerated filer” and “smaller
reporting company” in Rule 12b-2 of the Exchange
Act.
Large
accelerated filer ☐
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Accelerated
filer ☐
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Non-accelerated
filer ☐
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Smaller
reporting company ☒
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Indicate
by check mark whether the registrant is a shell company (as defined
in Rule 12b-2 of the Exchange Act).
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Yes
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No
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Indicate
the number of shares outstanding of each of the issuer’s
classes of common stock, as of the latest practicable date:
As of September 9, 2016, the issuer had one
class of common stock, with a par value of $0.00025, of which
46,200,000 shares were issued and outstanding.
TABLE OF CONTENTS
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Page
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PART I—FINANCIAL INFORMATION
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Item
1:
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Financial
Statements:
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Unaudited Balance
Sheets as at July 31, 2016, and October 31,
2015
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3
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Unaudited
Statements of Operations for the Three and Nine Months Ended July
31, 2016 and 2015
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4
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Unaudited
Statements of Cash Flows for the Nine Months Ended July 31, 2016
and 2015
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5
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Notes to Financial
Statements (Unaudited)
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6
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Item
2:
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Management’s
Discussion and Analysis of Financial Condition and Results of
Operations
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10
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Item
3:
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Quantitative and
Qualitative Disclosures About Market Risk
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11
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Item
4:
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Controls and
Procedures
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12
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PART II—OTHER INFORMATION
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Item
2:
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Unregistered Sales
of Equity Securities and Use of Proceeds
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12
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Item
5:
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Other
Events
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12
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Item
6:
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Exhibits
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12
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Signatures
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13
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2
PART I—FINANCIAL INFORMATION
ITEM
1. FINANCIAL STATEMENTS
INTERACTIVE MULTI-MEDIA AUCTION CORPORATION
Balance Sheets
July 31, 2016 and October 31, 2015
(United States Dollars)
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July 31,
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October 31,
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2016
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2015
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(unaudited)
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Assets
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Current assets:
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Cash
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$13,988
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$5,886
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Total current assets
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$13,988
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$5,886
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Liabilities and Stockholders' Deficit
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Current liabilities:
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Accounts
payable
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$4,390
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$8,433
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Due
to shareholders
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101,284
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83,876
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Total
current liabilities
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105,674
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92,309
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Long-term
liability
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Loan
payable
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27,500
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27,500
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Total liabilities
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133,174
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119,809
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Stockholders' Deficit
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Capital
stock:
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$0.00025
par value, authorized 400,000,000 shares,
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issued
and outstanding 46,200,000 shares
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(2015
- 45,200,000 shares)
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11,550
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11,300
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Additional
paid-in capital
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522,175
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497,425
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Accumulated
deficit
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(652,911)
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(622,648)
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Total
stockholders' deficit
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(119,186)
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(113,923)
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Total liabilities and stockholders' deficit
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$13,988
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$5,886
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See accompanying notes to financial
statements
3
INTERACTIVE MULTI-MEDIA AUCTION CORPORATION
Statement of Operations
For the three and nine months ended July 31, 2016 and
2015
(United States Dollars)
(unaudited)
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Three months ended July 31
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Nine months ended July 31
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2016
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2015
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2016
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2015
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Revenue
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$-
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$-
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$-
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$-
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Expenses:
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General
and administrative
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10,139
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6,417
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30,262
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29,606
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Total
operating expenses
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10,139
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6,417
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30,262
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29,606
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Net Loss
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$(10,139)
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$(6,417)
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$(30,262)
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$(29,606)
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Net
loss per share
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$(0.00)
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$(0.00)
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$(0.00)
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$(0.00)
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Weighted
average number of shares outstanding
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46,200,000
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45,200,000
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45,543,066
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45,200,000
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See accompanying notes to financial statements
4
INTERACTIVE MULTI-MEDIA AUCTION CORPORATION
Statements of Cash Flows
For the nine months ended July 31, 2016 and 2015
(United States Dollars)
(unaudited)
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2016
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2015
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Cash flows from operating activities:
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Net
loss
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$(30,262)
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$(29,606)
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Adjustments
to reconcile net loss to
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net
cash used in operating activities:
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Changes
in assets and liabilities
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Accounts
payable
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(4,044)
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(10,435)
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Net
cash used in operating activities
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(34,306)
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(40,041)
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Cash
provided by financing activities:
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Proceeds
from sale of common stock
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25,000
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Advances
from shareholders
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17,408
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40,041
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Net
cash provided by financing activities
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42,408
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40,041
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Change
in cash
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8,102
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-
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Cash
at beginning of the period
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5,886
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-
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Cash at end of the period
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$13,988
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$-
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Cash
paid for:
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Interest
paid
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$-
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$-
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Income
taxes
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$-
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$-
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See accompanying notes to financial statements.
5
Interactive Multi-Media Auction Corporation
NOTES TO FINANCIAL STATEMENTS
July 31, 2016
(unaudited)
Note 1. Description of Business and Summary of Significant
Accounting Policies
Organization
Interactive
Multi-Media Auction Corporation. (the “Company”) was
incorporated under the laws of the British Virgin Islands on July
13, 2012. The Company is in the business of an internet based
marketer, auctioneer, dealer and broker of high quality and unique
products and services for fine art, fashion, design and
décor.
Interim Period Financial Statements
The
accompanying unaudited interim financial statements have been
prepared in accordance with generally accepted accounting
principles in the United States (“GAAP”) for interim
financial information and with the Securities and Exchange
Commission’s instructions. Accordingly, they do not include
all the information and footnotes required by GAAP for complete
financial statements. The results of operations reflect interim
adjustments, all of which are of a normal recurring nature and, in
the opinion of management, are necessary for a fair presentation of
the results for such interim period. The results reported in these
interim financial statements should not be regarded as necessarily
indicative of results that may be expected for the entire year.
Certain information and note disclosure normally included in
financial statements prepared in accordance with GAAP have been
condensed or omitted pursuant to the Securities and Exchange
Commission’s rules and regulations. These unaudited interim
financial statements should be read in conjunction with the audited
financial statements for the year ended October 31, 2015, as filed
with the Securities and Exchange Commission on February 10,
2016.
Going Concern
The
Company’s financial statements have been prepared in
conformity with accounting principles generally accepted in the
United States applicable to a going concern which contemplates the
realization of assets and liquidation of liabilities in the normal
course of business. The Company has not generated any revenue since
commencement of the development stage, has an accumulated deficit,
and has had no positive cash flows from operations. It is the
Company’s intention to raise additional equity to finance
development of a market for its products until positive cash flows
can be generated from its operations. However, there can be no
assurance that such additional funds will be available to the
Company when required or on terms acceptable to the Company. Such
limitations could have a material adverse effect on the
Company’s business, financial condition or operations, and
these financial statements do not include any adjustment that could
result. Failure to obtain sufficient additional funding would
necessitate the Company to reduce or limit its operating activities
or even discontinue operations.
Cash
Cash
equivalents with maturity dates less than 90 days from the date of
origination are considered to be cash equivalents for all financial
reporting purposes. The Company currently has cash equivalents of
$13,988 as of July 31, 2016.
Fair Value Measurements
Fair
value is defined as the exchange price that will be received for an
asset or paid to transfer a liability (an exit price) in the
principal. Valuation techniques used to measure fair value should
maximize the use of observable inputs and minimize the use of
unobservable inputs. To measure fair value, the Company uses the
following fair value hierarchy based on three levels of inputs, of
which the first two are considered to be observable and the third
unobservable:
Level 1
– Quoted prices in active markets for identical assets or
liabilities.
Level 2
– Inputs other than Level 1 that are observable, either
directly or indirectly, 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 for substantially the full term of the assets or
liabilities.
Level 3
– Unobservable inputs are supported by little or no market
activity and are significant to the fair value of the assets or
liabilities.
6
Revenue Recognition
The
Company recognizes revenue when it is realized or realizable and
earned. The Company considers revenue, which includes charges on a
transactional and other basis, realized or realizable and earned
when the following criteria are met: persuasive evidence of an
arrangement exists, delivery has occurred or services have been
rendered, price is fixed and determinable, and collectability is
reasonably assured.
Advertising Expenses
Advertising
costs are expensed as incurred. The Company did not incur any
advertising costs during the three and nine month periods ended
July 31, 2016 and 2015.
Income Taxes
Deferred
income tax assets and liabilities are determined based on temporary
differences between financial reporting and tax bases of assets and
liabilities, operating loss, and tax credit carryforwards, and are
measured using the enacted income tax rates and laws that will be
in effect when the differences are expected to be recovered or
settled. Realization of certain deferred income tax assets is
dependent upon generating sufficient taxable income in the
appropriate jurisdiction. The Company records a valuation allowance
to reduce deferred income tax assets to amounts that are more
likely than not to be realized. The initial recording and any
subsequent changes to valuation allowances are based on a number of
factors (positive and negative evidence). The Company considers its
actual historical results to have a stronger weight than other,
more subjective, indicators when considering whether to establish
or reduce a valuation allowance.
The
Company continually evaluates its uncertain income tax positions
and may record a liability for any unrecognized tax benefits
resulting from uncertain income tax positions taken or expected to
be taken in an income tax return. Estimated interest and penalties
are recorded as a component of interest expense and other expense,
respectively.
Because
tax laws are complex and subject to different interpretations,
significant judgment is required. As a result, the Company makes
certain estimates and assumptions in: (1) calculating its income
tax expense, deferred tax assets, and deferred tax liabilities; (2)
determining any valuation allowance recorded against deferred tax
assets; and (3) evaluating the amount of unrecognized tax benefits,
as well as the interest and penalties related to such uncertain tax
positions. The Company’s estimates and assumptions may differ
significantly from tax benefits ultimately realized.
As the
Company is incorporated in the British Virgin Islands as an
international corporporation it is not subject to any corporate
income taxes in the British Virgin Islands..
Net Loss Per Share
Basic
net loss per share is calculated by dividing the net loss
attributable to common shareholders by the weighted average number
of common shares outstanding in the period. Diluted loss per share
takes into consideration common shares outstanding (computed under
basic loss per share) and potentially dilutive securities. For the
nine month periods ended July 31, 2016 and 2015, there are no
outstanding stock options and warrants. Common shares issuable are
considered outstanding as of the original approval date for
purposes of earnings per share computations.
Foreign Currencies
Assets
and liabilities recorded in foreign currencies are translated at
the exchange rate on the balance sheet date. Revenue and expenses
are translated at average rates of exchange prevailing during the
year. Translation adjustments resulting from this process are
recorded to Other Comprehensive Income.
For the
three and nine month periods ended July 31, 2016 and 2015 the
Company did not have material translation adjustments and
accordingly, no statement of comprehensive income (loss) is
included in the accompanying financial statements.
7
Use of Estimates
The
preparation of financial statements in conformity 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 and disclosures of
contingent assets and liabilities at the date of the financial
statements and the reported amounts of revenues and expenses during
the fiscal year. The Company bases its estimates on historical
experience, current conditions and on other assumptions that it
believes to be reasonable under the circumstances. Actual results
could differ from those estimates and assumptions.
Financial Instruments
The
Company has the following financial instruments: accounts payable
and loan payable. The carrying value of these financial instruments
approximates their fair value due to their liquidity or their
short-term nature.
Share Issuances for Services, Debt Instruments and
Interest
The
Company issues instruments to non-employees for the receipt of
goods and services, and, in certain circumstances the settlement of
short-term loan arrangements. The applicable GAAP establishes that share-based payment transactions
with nonemployees shall be measured at the fair value of the
consideration received or the fair value of the equity instruments
issued, whichever is more reliably measurable.
In these transactions, the Company issues unregistered and
restricted equity instruments. Additionally, the Company currently
has no shares of freely-tradeable stock with a quoted market price
(a Level 1input within the GAAP hierarchy).
When unregistered common shares are issued for the settlement of
short-term financing arrangements (that are not initially
convertible), the reacquisition price of the extinguished financing
arrangement is determined by the value of the debt which is more
clearly evident, and no additional inducement expense is
recognized.
In situations in which the Company issues unregistered restricted
common shares in exchange for goods and services, and the value of
the goods and services are not the most reliably measurable, the
Company recognizes the fair value of the unregistered restricted
equity instruments based on the value of similar instruments issued
in private placements in exchange for cash in the most recent
transactions (a Level 2 input within the GAAP hierarchy). The
Company has determined this methodology reflects the risk adjusted
fair value of its unregistered restricted equity instruments using
a commercially reasonable valuation technique.
Comprehensive Income (Loss)
Our
company has no components of other comprehensive income (loss) and
accordingly, no statement of comprehensive income (loss) is
included in the accompanying financial statements.
Recent Accounting Pronouncements
In May
2014, the Financial Accounting Standards Board (“FASB”)
issued Accounting Standard Update (“ASU”) 2014-09
– Revenue From Contracts with Customers, which will supersede
nearly all existing revenue recognition guidance under U.S. GAAP.
The core principal of this ASU is that an entity should recognize
revenue when it transfers promised goods or services to customers
in an amount that reflects the consideration to which the entity
expects to be entitled in exchange for those goods or services.
This ASU also requires additional disclosure about the nature,
amount, timing and uncertainty of revenue and cash flows arising
from customer contracts, including significant judgments and
changes in judgments and assets recognized from costs incurred to
obtain or fulfill a contract.
In June
2014, the Financial Accounting Standards Board issued Accounting
Standards Update No. 2014-10, which eliminated certain financial
reporting requirements of companies previously identified as
"Development Stage Entities" (Topic 915). The amendments in this
ASU simplify accounting guidance by removing all incremental
financial reporting requirements for development stage entities.
The amendments also reduce data maintenance and, for those entities
subject to audit, audit costs by eliminating the requirement for
development stage entities to present inception-to-date information
in the statements of income, cash flows, and shareholder
equity. Early application of each of the amendments is
permitted for any annual reporting period or interim period for
which the entity's financial statements have not yet been issued
(public business entities) or made available for issuance (other
entities). Upon adoption, entities will no longer present or
disclose any information required by Topic 915. The Company
has adopted this standard.
8
The
original effective date for ASU 2014-09 would have required the
Company to adopt beginning in its first quarter 2017. In July 2015,
the FASB voted to amend ASU 2014-09 by approving a one year
deferral of the effective date as well as providing the option to
early adopt the standard on the original effective date.
Accordingly, the Company may adopt the standard in either its first
quarter of 2017 or 2018. The new revenue standard may be applied
retrospectively to each prior period presented or retrospectively
with the cumulative effect recognized as of the date of adoption.
The Company is currently evaluating the timing of its adoption and
the impact of adopting the new revenue standard on its financial
statements.
Note 2. Long-term Loan Payable
The
loan of $27,500, payable to a shareholder of the Company, is
unsecured, non-interest bearing and due on or before October 31,
2017.
Note 3. Related Party Transactions
During
the nine months ended July 31, 2016 and 2015 shareholders of the
Company advanced $17,408 and $40,041, respectively. The balances
owing as at July 31, 2016 of $101,284 is included in advances due
to shareholders.
During
the nine months ended July 31, 2016 and 2015 the Company’s
president and sole director provided managements services in the
amount of $1,000 and $nil, respectively.
Note 4. Share Capital
The
Company is authorized to issue 400,000,000 shares of capital stock,
par value of $0.00025.
The
shares can be divided into such classes and series as the directors
may determine. As at July 31, 2016 the Company only has one class
and series of shares.
On
December 30, 2014, the Board of Directors approved the
forward-split of the issued and outstanding common stock on the
basis of four new shares for each share, effective upon the
approval of the regulatory authorities. The Company’s common
stock was forward-split effective as of February 3,
2015.
The
application of the forward-split has been shown retroactively in
these financial statements.
During
the nine months ended July 31, 2016, the Company:
●
On April 29, 2016
issued 1,000,000 shares for cash proceeds of $25,000.
For
additional details of stock issuances prior to the nine months
ended July 31, 2016 please see the Form 10-K for the fiscal year
ended October 31, 2015 filed with the Securities Exchange
Commission on February 10, 2016.
Note 5. Subsequent Event
Subsequent
to July 31, 2016 the Company repaid shareholder advances in the
amount of $11,750.
9
ITEM
2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF
FINANCIAL CONDITION AND RESULTS OF OPERATIONS
The
following discussion should be read in conjunction with the
accompanying unaudited financial statements for the three and
nine-month periods ended July 31, 2016 and 2015, and our annual
report on Form 10-K for the year ended October 31, 2015, including
the financial statements and notes thereto.
Forward-Looking Information May Prove Inaccurate
This
report contains statements about the future, sometimes referred to
as “forward-looking” statements. Forward-looking
statements are typically identified by the use of the words
“believe,” “may,” “could,”
“should,” “expect,”
“anticipate,” “estimate,”
“project,” “propose,” “plan,”
“intend,” and similar words and expressions. Statements
that describe our future strategic plans, goals, or objectives are
also forward-looking statements.
Readers
of this report are cautioned that any forward-looking statements,
including those regarding our management’s current beliefs,
expectations, anticipations, estimations, projections, proposals,
plans, or intentions, are not guarantees of future performance or
results of events and involve risks and uncertainties. The
forward-looking information is based on present circumstances and
on our predictions respecting events that have not occurred, that
may not occur, or that may occur with different consequences from
those now assumed or anticipated. Actual events or results may
differ materially from those discussed in the forward-looking
statements as a result of various factors. The forward-looking
statements included in this report are made only as of the date of
this report. We are not obligated to update such forward-looking
statements to reflect subsequent events or
circumstances.
Introduction
Our
business is intended to be based on marketing and selling products
using an on-line e-commerce platform which provides a live
streaming auction production. In contrast to sites like Ebay or
bid.com, which for the most part are driven by sales of items that,
given their mass production, have become “commodities”
that anyone can buy and access from an infinite amount of vendors
and providers at extremely low prices, it is our goal to offer only
unique and valued products and goods. We believe that there is
significant interest for products and services of particular
distinction; with great demand for items actually produced from all
parts of the world. We believe that for reasons of
geography, demography, or simply lack of marketing and advertising
resources, many extraordinary products simply remain unnoticed by
the mass market. Consequently, we plan to operate a
real-time auction internet streaming broadcast from various
geographic locations around the world that will focus specifically
on representing and promoting distinct and innovative goods
produced by local manufacturers, purveyors, designers and
creators. Viewers across the globe will be able to view
the action on their computers, Ipads or mobile phones, and they
will be able to participate by bidding on the items via telephone
or the internet.
During
the quarter ended July 31, 2016, discussions have continued with
various types of product and service providers in terms of
establishing formal working relationships with them at such time
that we are capable of undertaking our initial business launch, yet
these discussions still have not resulted into a material
agreement, and there can be no assurance that we will have any
formal agreement with any party at all.
We
additionally plan to establish and operate a user-friendly and
functional e-commerce website in support of our on-line sales
business once operational..
10
Results of Operations
Comparison of the Three and Nine Months Ended July 31,
2016
with the Three and Nine Months Ended July 31, 2015
We had
no gross revenue for the respective three and nine-month periods
ended July 31, 2016 and 2015.
Our
general and administrative expenses from continuing operations for
the three and nine months ended July 31, 2016, were $10,139 and
$30,262, respectively, as compared to $6,417 and $29,606,
respectively, for the comparable three and nine-month periods ended
July 31, 2015.
Overall,
we have a net loss of $10,139 and $30,262 for the respective three
and nine months ended July 31, 2016, as compared to a net loss of
$6,417 and $29,606, respectively, for the corresponding three and
nine-month periods of the preceding year.
Liquidity and Capital Resources
As of
July 31, 2016, our current assets were $13,988, as compared to
$5,886 at October 31, 2015. As of July 31, 2016, our current
liabilities were $105,674, as compared to $92,309 at
October 31, 2015.
Operating
activities used net cash of $34,306 for the nine months ended July
31, 2016, as compared to use of $40,041 for the nine months ended
July 31, 2015.
Net
cash of $42,408 was provided by financing activities during the
nine months ended July 31, 2016, as compared to $40,041 net cash
provided during the comparable nine months ended July 31, 2015.
Financing activities during the nine months ended July 31, 2016
included $25,000 proceeds from the sale of common stock and $17,408
in advances from shareholders as compared to $40,041 of advances
from shareholders for the nine months ended July 31,
2015.
Our
current balances of cash will not meet our working capital and
capital expenditure needs for the whole of the current year.
Because we are not currently generating sufficient cash to fund our
operations, we will need to rely on external financing to meet
future capital and operating requirements. Any projections of
future cash needs and cash flows are subject to substantial
uncertainty. Our capital requirements depend upon several factors,
including the rate of market acceptance, our ability to get to
production and generate revenues, our level of expenditures for
production, marketing, and sales, purchases of equipment, and other
factors. We can make no assurance that financing will be available
in amounts or on terms acceptable to us, if at all. Further, if we
issue equity securities, stockholders may experience additional
dilution or the new equity securities may have rights, preferences,
or privileges senior to those of existing holders of common stock,
and debt financing, if available, may involve restrictive covenants
that could restrict our operations or finances. If we cannot raise
funds, when needed, on acceptable terms, we may not be able to
continue our operations, grow market share, take advantage of
future opportunities, or respond to competitive pressures or
unanticipated requirements, all of which could negatively impact
our business, operating results, and financial
condition.
ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET
RISK
Not
applicable.
11
ITEM 4. CONTROLS AND PROCEDURES
Disclosure
controls are procedures that are designed with the objective of
ensuring that information required to be disclosed in our reports
filed under the Securities Exchange Act of 1934, such as this
quarterly report, is recorded, processed, summarized, and reported
within the time periods specified in the SEC’s rules and
forms. Disclosure controls are also designed with the objective of
ensuring that such information is accumulated and communicated to
our management, including our principal executive officer and
principal financial officers (our “Certifying
Officers”) , as appropriate, to allow timely decisions
regarding required disclosure. Our management evaluated, with the
participation of our Certifying Officers, the effectiveness of our
disclosure controls and procedures as of July 31, 2016, pursuant to
Rule 13a-15(b) under the Exchange Act. Based upon that evaluation,
our Certifying Officers concluded that, as of July 31, 2016, our
disclosure controls and procedures were not effective.
There
have been no changes in our internal control over financial
reporting that occurred during the quarter ended July 31, 2016,
that have materially affected or are reasonably likely to
materially affect our internal control over financial
reporting.
PART
II—OTHER INFORMATION
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF
PROCEEDS
Not
applicable
ITEM 5. OTHER EVENTS
Not
applicable
ITEM 6. EXHIBITS
The
following exhibits are filed as a part of this report:
Exhibit Number*
|
|
Title of Document
|
|
Location
|
|
|
|
|
|
Item 31
|
|
Rule 13a-14(a)/15d-14(a) Certifications
|
|
|
|
Certification
of Principal Executive Officer and Principal Financial
Officer Pursuant to Rule
13a-14
|
|
Attached
|
|
|
|
|
|
|
Item 32
|
|
Section 1350 Certifications
|
|
|
|
Certification
Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section
906 of the Sarbanes-Oxley Act of 2002 (Chief Executive Officer) and
(Chief Financial Officer)
|
|
Attached
|
|
|
|
|
|
|
Item 101
|
|
Interactive Data File
|
|
|
101
|
|
Interactive
Data File
|
|
Attached
|
_______________
* All exhibits
are numbered with the number preceding the decimal indicating the
applicable SEC reference number in Item 601 and the number
following the decimal indicating the sequence of the particular
document.
12
SIGNATURES
Pursuant to the
requirements of the Securities Exchange Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
|
Registrant
|
|
|
|
|
|
INTERACTIVE MULTI-MEDIA AUCTION CORPORATION
|
|
|
|
|
|
|
|
Date:
September 16, 2016
|
By:
|
/s/
JULIUSCESARLEGAYODEVERA/s/
|
|
|
Julius
Cesar Legayo De Vera
|
|
|
President, Chief Executive Officer, Chief Financial Officer,
Treasurer and Director
|
|
|
(Principal
Executive Officer, Principal Financial Officer and Principal
Accounting Officer)
|
|
|
|
13