Attached files
file | filename |
---|---|
EX-32.1 - ONELIFE TECHNOLOGIES CORP | ex32-1.htm |
EX-31.1 - ONELIFE TECHNOLOGIES CORP | ex31-1.htm |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 10-Q
[X] | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
For the quarterly period ended July 31, 2016
or
[ ] | TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
For the transition period from _________________ to _________________
Commission File Number 333-198068
OCULUS INC. |
(Exact name of registrant as specified in its charter) |
Nevada | N/A | |
(State or other jurisdiction of incorporation or organization) | (IRS Employer Identification No.) | |
1451 West Cypress Creek Road, Suite 400, Fort Lauderdale, FL | 33309 | |
(Address of principal executive offices) | (Zip Code) |
(888) 623-8883 |
(Registrant’s telephone number, including area code) |
N/A |
(Former name, former address and former fiscal year, if changed since last report) |
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.
[ ] 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 small reporting company. See the definitions of “large accelerated filer”, “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.
Large accelerated filer | [ ] | Accelerated filer | [ ] | |
Non-accelerated filer | [ ] | (Do not check if a smaller reporting company) | 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).
[X] YES [ ] NO
APPLICABLE ONLY TO CORPORATE ISSUERS
Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date.
46,367,670 common shares issued and outstanding as of September 19, 2016.
Table of Contents
PART 1 – FINANCIAL INFORMATION | |||
Item 1. | Financial Statements | 3 | |
Item 2. | Management’s Discussion and Analysis of Financial Condition and Results of Operations | 4 | |
Item 3. | Quantitative and Qualitative Disclosures About Market Risks | 7 | |
Item 4. | Controls and Procedures | 8 | |
PART II – OTHER INFORMATION | |||
Item 1. | Legal Proceedings | 8 | |
Item 1A. | Risk Factors | 8 | |
Item 2. | Unregistered Sales of Equity Securities and Use of Proceeds | 8 | |
Item 3. | Defaults Upon Senior Securities | 8 | |
Item 4. | Mine Safety Disclosures | 8 | |
Item 5. | Other Information | 8 | |
Item 6. | Exhibits | 9 | |
SIGNATURES | 10 |
2 |
Oculus Inc.
For the Three Months Ended July 31, 2016
Index | |
Balance Sheets (Unaudited) | F-1 |
Statements of Operations (Unaudited) | F-2 |
Statements of Cash Flows (Unaudited) | F-3 |
Notes to the Financial Statements (Unaudited) | F-4 |
3 |
Oculus Inc.
(Unaudited)
July 31, 2016 | April 30, 2016 | |||||||
ASSETS | ||||||||
Current Assets | ||||||||
Cash and cash equivalents | $ | 736 | $ | 736 | ||||
Total Assets | $ | 736 | $ | 736 | ||||
LIABILITIES AND STOCKHOLDERS’ DEFICIT | ||||||||
Current Liabilities | ||||||||
Accounts payable and accrued liabilities | $ | 26,240 | $ | 21,302 | ||||
Loans payable | 33,725 | 33,725 | ||||||
Due to related party | 1,531 | 1,531 | ||||||
Total Liabilities | 61,496 | 56,558 | ||||||
Contingencies and Commitments | ||||||||
Stockholders’ Deficit | ||||||||
Preferred stock, 100,000,000 shares authorized, $0.00001 par value; no shares issued and outstanding | – | – | ||||||
Common stock, 200,000,000 shares authorized, $0.00001 par value; 46,367,670 shares issued and outstanding | 464 | 464 | ||||||
Additional paid-in capital | 40,639 | 40,639 | ||||||
Accumulated deficit | (101,863 | ) | (96,925 | ) | ||||
Total Stockholders’ Deficit | (60,760 | ) | (55,822 | ) | ||||
Total Liabilities and Stockholders’ Deficit | $ | 736 | $ | 736 |
The accompanying notes are an integral part of these financial statements.
F-1 |
Oculus Inc.
(Unaudited)
For the | For the | |||||||
Three Months | Three Months | |||||||
Ended | Ended | |||||||
July 31, 2016 | July 31, 2015 | |||||||
Operating Expenses | ||||||||
General and administrative expenses | $ | 4,300 | $ | 4,560 | ||||
Total Operating Expenses | (4,300 | ) | (4,560 | ) | ||||
Other expense | ||||||||
Interest expense | (638 | ) | (39 | ) | ||||
Foreign exchange loss | – | (840 | ) | |||||
Total other expense | (638 | ) | (879 | ) | ||||
Net Loss | $ | (4,938 | ) | $ | (5,439 | ) | ||
Net Loss Per Common Share – Basic and Diluted | $ | (0.00 | ) | $ | (0.00 | ) | ||
Weighted Average Common Shares Outstanding – Basic and Diluted | 46,367,670 | 46,367,670 |
The accompanying notes are an integral part of these financial statements.
F-2 |
Oculus Inc.
(Unaudited)
For the | For the | |||||||
Three Months | Three Months | |||||||
Ended | Ended | |||||||
July 31, 2016 | July 31, 2015 | |||||||
Cash Flows from Operating Activities | ||||||||
Net loss | $ | (4,938 | ) | $ | (5,439 | ) | ||
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||||
Changes in operating assets and liabilities: | ||||||||
Prepaid expense | – | (1,581 | ) | |||||
Accounts payable and accrued liabilities | 4,938 | (6,505 | ) | |||||
Net Cash Used in Operating Activities | – | (13,525 | ) | |||||
Cash Flows from Financing Activities | ||||||||
Proceeds from loans payable | – | 13,525 | ||||||
Net Cash Provided by Financing Activities | – | 13,525 | ||||||
Increase (Decrease) in Cash | – | – | ||||||
Cash - Beginning of Period | 736 | – | ||||||
Cash - End of Period | $ | 736 | $ | – | ||||
Supplementary Information: | ||||||||
Interest paid | $ | – | $ | – | ||||
Income taxes paid | $ | – | $ | – |
The accompanying notes are an integral part of these financial statements.
F-3 |
Oculus Inc.
Notes to the Financial Statements
(Unaudited)
1. | Nature of Business and Continuance of Operations |
Oculus Inc. (the “Company”) was incorporated in the State of Nevada on January 9, 2014. The Company is in the business of selling and providing services for GPS Tracking Devices which will be marketed in the United States, Canada and Europe. | |
These financial statements have been prepared on a going concern basis, which assumes the Company will continue to realize its assets and discharge its liabilities in the normal course of business. The continuation of the Company as a going concern is dependent upon the continued financial support from its shareholders, the ability of the Company to obtain necessary equity financing to continue operations, and the attainment of profitable operations. As at July 31, 2016, the Company has incurred losses totalling $101,863 since inception, and has not yet generated any revenue from operations. 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. Management is currently pursuing a business strategy which includes raising the necessary funds to finance the Company’s business activities and administrative expenses. |
2. | Summary of Significant Accounting Policies |
a) | Basis of Presentation | |
These financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States and are expressed in US dollars. The Company’s fiscal year end is April 30. | ||
b) | Interim Financial Statements | |
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 (“SEC”), and should be read in conjunction with the audited financial statements and notes thereto contained in the Company’s April 30, 2016 report filed with the SEC on Form 10K. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim periods presented have been reflected herein. The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year. Notes to the financial statements which would substantially duplicate the disclosure contained in the audited financial statements for the most recent fiscal year end April 30, 2016, have been omitted. | ||
c) | Use of Estimates | |
The preparation of financial statements in conformity with United States generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions related to 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. | ||
d) | Foreign Currency Translation | |
The Company’s planned operations will be in the United States, Canada, Europe and Asia which results in exposure to market risks from changes in foreign currency exchange rates. The financial risk is the risk to the Company’s operations that arise from fluctuations in foreign exchange rates and the degree of volatility of these rates. Currently, the Company does not use derivative instruments to reduce its exposure to foreign currency risk. The Company’s functional currency for all operations worldwide is the U.S. dollar. Nonmonetary assets and liabilities are translated at historical rates and monetary assets and liabilities are translated at exchange rates in effect at the end of the year. Revenues and expenses are translated at average rates for the year. Gains and losses from translation of foreign currency financial statements into U.S. dollars are included in current results of operations. |
F-4 |
Oculus Inc.
Notes to the Financial Statements
(Unaudited)
e) | Cash and Cash Equivalents | |
The Company considers all highly liquid instruments with maturity of three months or less at the time of issuance to be cash equivalents. | ||
f) | Income Taxes | |
Deferred tax assets and liabilities are recognized for the expected future tax consequences of temporary differences between the financial reporting and tax bases of assets and liabilities, and for operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using the currently enacted tax rates and laws that will be in effect when the differences are expected to reverse. The Company records a valuation allowance to reduce deferred tax assets to the amount that is believed more likely than not to be realized. | ||
g) | Revenue Recognition | |
Sales will be recorded when products are shipped or services are provided to customers. Provisions for discounts and rebates to customers, estimated returns and allowances, and other adjustments are provided for in the same period the related sales are recorded. No provision for discounts or rebates to customers, estimated returns and allowances or other adjustments have been recognized since inception. The Company has not made any sales as at July 31, 2016. | ||
h) | Financial Instruments | |
The Company’s financial instruments consist principally of cash, accounts payable and accrued liabilities, loans payable, and due to related party. Pursuant to ASC 820, Fair Value Measurements and Disclosures and ASC 825, Financial Instruments the fair value of the Company’s cash equivalents is determined based on “Level 1” inputs, which consist of quoted prices in active markets for identical assets. | ||
i) | Earnings (Loss) Per Common Share | |
Basic EPS is computed by dividing net income (loss) available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing Diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti dilutive. At July 31, 2016, the Company has no potentially dilutive securities outstanding. | ||
j) | Stock-Based Compensation | |
Compensation costs attributable to stock options or similar equity instruments granted are measured at the fair value at the grant date, and expensed over the expected vesting period. ASC 718 requires excess tax benefits be reported as a financing cash inflow rather than as a reduction of taxes paid. The Company did not grant any stock options during the three months ended July 31, 2016. | ||
k) | 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. | ||
l) | Subsequent Events | |
The Company evaluates subsequent events through the date when financial statements are issued for disclosure consideration. |
3. | Loans Payable |
On March 15, 2015, the Company entered into a loan agreement in which the note holder agreed to provide a loan to the Company in the principal amount of up to $25,000. The loan is unsecured, bears interest at 7.5% per annum and payable on April 15, 2016. On April 15, 2016, the loan was amended to increase the principal amount to up to $45,000 and extend the payable date to October 31, 2016. As at July 31, 2016, the note holder has provided $33,725 (April 30, 2016 - $33,725) to the Company pursuant to the loan agreement. As at July 31, 2016, the Company recorded $1,789 (April 30, 2016 - $1,151) of interest payable. |
F-5 |
Oculus Inc.
Notes to the Financial Statements
(Unaudited)
4. | Due to Related Party |
As at July 31, 2016, the Company owes the President of the Company $1,531 (April 30, 2016 - $1,531) for general and administrative expenditures paid on behalf of the Company. The amount owed is unsecured, non-interest bearing, and has no specified repayment terms. |
5. | Stockholders’ Equity |
The Company’s authorized capital consisted of 200,000,000 shares of common stock with a par value of $0.00001 per share and 100,000,000 shares of preferred stock with a par value of $0.00001 per share. | |
There were no share transactions during the three months ended July 31, 2016. |
F-6 |
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations
FORWARD-LOOKING STATEMENTS
This quarterly report contains forward-looking statements. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expects”, “plans”, “anticipates”, “believes”, “estimates”, “predicts”, “potential” or “continue” or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States, we do not intend to update any of the forward-looking statements to conform these statements to actual results.
Our unaudited financial statements are stated in United States Dollars (US$) and are prepared in accordance with United States Generally Accepted Accounting Principles. The following discussion should be read in conjunction with our financial statements and the related notes that appear elsewhere in this quarterly report. The following discussion contains forward-looking statements that reflect our plans, estimates and beliefs. Our actual results could differ materially from those discussed in the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, those discussed below and elsewhere in this quarterly report.
Unless otherwise specified in this quarterly report, all dollar amounts are expressed in United States dollars and all references to “common stock” refer to shares of our common stock.
As used in this quarterly report, the terms “we”, “us”, “our” and “our company” mean Oculus Inc., unless otherwise indicated. We have no subsidiaries.
Corporate Overview
We were incorporated on January 9, 2014 under the laws of the state of Nevada. We have predominately been involved in administrative activities such as setting up bank accounts, establishing relationships with service providers and establishing our office facilities.
We are a company in the business of selling and providing services for GPS Tracking Devices. Our product, called the AnyTrack GPS is a next generation remote personal locator device used to primarily located and aid in the timely rescue of missing children, the elderly and pets. In addition, our devices will have additional functionalities, such as keeping track of heart rates, with data being sent remotely and in the future we will add additional functionalities such as keeping track of blood alcohol content, which will be useful for parolees or anyone that has been convicted of a DUI. In addition to selling these devices, we will offer monthly services, such as tracking and data collection at a monthly fee. We plan to market our devices to the U.S., Canada and Europe and then extending to Asia.
On June 20, 2014, we entered into a supply agreement with Shenzhen Coban Electronics Co., Ltd. for the supply of the GPS tracking devices we plan on marketing as AnyTrack GPS. This is a non-exclusive distribution agreement for the territories of North America, Jamaica, Dominican Republic and Europe. We are required to purchase a total of 100 devices as an initial order and an additional 100 devices in the first year of the agreement in order for the agreement to be extended. The devices carry a manufacturer’s warranty of one year. Our company has purchased 100 devices for its initial order for a total of $3,026. Initially, we plan to re-sell these devices to the public under our AnyTrack brand name. As of July 31, 2016, we have not sold any of these devices yet. We plan on developing proprietary products such as wristbands, watches, or dog collars which will incorporate these devices.
4 |
Our products and services, as well as our website and mobile interface are all in the development stage. We have only recently begun operations, have no sales or revenues, and therefore rely upon the sale of our securities to fund our operations. We have a going concern uncertainty as of the date of our most recent financial statements.
We intend to meet our cash requirements for the next 12 months through a combination of debt financing and equity financing by way of private placements. We currently do not have any arrangements or commitments in place to complete any private placement financings in an amount sufficient to further our business plan and there is no assurance that we will be successful in completing any such financings on terms that will be acceptable to us. We are actively seeking additional funding, but have not closed any such funding as of this date.
If we are not able to raise the full $265,000 budget that we require to implement our business plan as anticipated, we will scale our business development in line with available capital. Our primary priority will be to retain our reporting status with the SEC which means that we will first ensure that we have sufficient capital to cover our corporate, legal and accounting expenses. We will likely not expend funds on the remainder of our planned activities unless we have the required capital.
The address of our principal executive office is 1451 W Cypress Creek Road, Suite 300, Ft. Lauderdale, FL 33309, United States. Our telephone number is (888) 623-8883. Our fiscal year end is April 30.
Anticipated Cash Requirements
We intend to continue to develop our website, purchase additional product to sell to customers and market our company during the next twelve months. We estimate our operating expenses and working capital requirements for the next twelve months to be as follows:
Months 1-3
Website Development | $ | 10,000 | ||
Marketing | - | |||
General and administrative | $ | 5,000 | ||
Total | $ | 15,000 |
Months 4-6
Purchase of product | $ | 30,000 | ||
Website Development | - | |||
Marketing | $ | 10,000 | ||
General and administrative | $ | 10,000 | ||
Total | $ | 50,000 |
5 |
Months 7-9
Purchase of product | $ | 50,000 | ||
Website Development | - | |||
Marketing | $ | 30,000 | ||
General and administrative | $ | 10,000 | ||
Total | $ | 90,000 |
Months 10-12
Purchase of product | $ | 60,000 | ||
Website Development | - | |||
Marketing | $ | 40,000 | ||
General and administrative | $ | 10,000 | ||
Total | $ | 110,000 |
In order to fully carry out our business plan, we need additional financing of approximately $265,000 for the next 12 months as we have no cash on hand as of July 31, 2016. In order to improve our liquidity, we intend to pursue additional equity financing from private placement sales of our equity securities or shareholders’ loans. We do not presently have sufficient financing to undertake our planned business activities. Issuances of additional shares will result in dilution to our existing shareholders.
We currently do not have any arrangements in place for the completion of any further private placement financings and there is no assurance that we will be successful in completing any further private placement financings. If we are unable to achieve the necessary additional financing, then we plan to reduce the amounts that we spend on our business activities and administrative expenses in order to be within the amount of capital resources that are available to us.
Results of Operations
We have not generated any revenues from our operations since inception.
Our operating expenses for the three month periods ended July 31, 2016 and 2015 are outlined in the table below:
For the Three Months Ended | ||||||||
July 31, 2016 | July 31, 2015 | |||||||
General and administrative expenses | $ | 4,300 | $ | 4,560 | ||||
Net loss | $ | (4,938 | ) | $ | (5,439 | ) |
Operating expenses for the three months ended July 31, 2016 and 2015 were $4,300 and $4,560, respectively. Our net losses for the three month periods ended July 31, 2016 and 2014 were $4,938 and $5,439, respectively.
6 |
Liquidity and Capital Resources
Working Capital
As at | As at | |||||||
July 31, 2016 | April 30, 2016 | |||||||
Current Assets | $ | 736 | $ | 736 | ||||
Current Liabilities | 61,496 | 56,558 | ||||||
Working Capital Deficit | $ | (60,760 | ) | $ | (55,822 | ) |
Cash Flows
For the Three Months Ended | ||||||||
July 31, 2016 | July 31, 2015 | |||||||
Net cash used in operating activities | $ | - | $ | (13,525 | ) | |||
Net cash used in investing activities | - | - | ||||||
Net cash provided by financing activities | - | 13,525 | ||||||
Net decrease in cash | $ | - | $ | - |
As of July 31, 2016, we had a working capital deficit of $60,760 and $736 in current assets compared to a working capital deficit of $55,822 and $736 in current assets as of April 30, 2016.
We spent no cash on operating activities during the three months ended July 31, 2016 compared to $13,525 during the three months ended July 31, 2015 which we financed through a loan from a third party.
Off-Balance Sheet Arrangements
We have no off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to stockholders.
Critical Accounting Policies
The discussion and analysis of our financial condition and results of operations are based upon our financial statements, which have been prepared in accordance with accounting principles generally accepted in the United States of America. Preparing financial statements requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue, and expenses. These estimates and assumptions are affected by management’s application of accounting policies. We believe that understanding the basis and nature of the estimates and assumptions involved with the following aspects of our financial statements is critical to an understanding of our financial statements.
Revenue Recognition
Sales will be recorded when products are shipped or services are provided to customers. Provisions for discounts and rebates to customers, estimated returns and allowances, and other adjustments are provided for in the same period the related sales are recorded. No provision for discounts or rebates to customers, estimated returns and allowances or other adjustments have been recognized as at July 31, 2016. Our company had not made any sales as at July 31, 2016.
Item 3. Quantitative and Qualitative Disclosures About Market Risks
As a “smaller reporting company”, we are not required to provide the information required by this Item.
7 |
Item 4. Controls and Procedures
Management’s Report on Disclosure Controls and Procedures
We maintain disclosure controls and procedures that are designed to ensure that information required to be disclosed in our reports filed under the Securities Exchange Act of 1934, as amended, is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms, and that such information is accumulated and communicated to our management, including our president and chief financial officer (our principal executive officer, principal financial officer and principal accounting officer) to allow for timely decisions regarding required disclosure.
As of the end of our quarter covered by this report, we carried out an evaluation, under the supervision and with the participation of our president and chief financial officer (our principal executive officer, principal financial officer and principal accounting officer), of the effectiveness of the design and operation of our disclosure controls and procedures. Based on the foregoing, our president and chief financial officer (our principal executive officer, principal financial officer and principal accounting officer) concluded that our disclosure controls and procedures were not effective in providing reasonable assurance in the reliability of our reports as of the end of the period covered by this quarterly report.
Changes in Internal Control over Financial Reporting
During the period covered by this report, there were no changes in our internal control over financial reporting that materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.
We know of no material, existing or pending legal proceedings against our company, nor are we involved as a plaintiff in any material proceeding or pending litigation. There are no proceedings in which any of our directors, officers or affiliates, or any registered or beneficial shareholder, is an adverse party or has a material interest adverse to our interest.
As a “smaller reporting company”, we are not required to provide the information required by this Item.
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
None.
Item 3. Defaults Upon Senior Securities
None.
Item 4. Mine Safety Disclosures
Not applicable.
None.
8 |
Exhibit Number | Description | |
31.1* | Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 of the Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer | |
32.1+ | Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 of the Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer |
* | Filed herewith. |
+ | In accordance with the SEC Release 33-8238, deemed as furnished and not filed. |
9 |
Pursuant to the requirements of Section 13 or 15(d) 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.
OCULUS INC. | |
(Registrant) | |
Dated: September 19, 2016 | /s/ Leon Henry |
Leon Henry | |
President, Chief Executive Officer, Chief Financial | |
Officer, Treasurer and Director | |
(Principal Executive Officer, Principal Financial Officer | |
and Principal Accounting Officer) |
10 |