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EX-32.2 - CERTIFICATION - Moregain Pictures, Inc.alad_ex32z2.htm
EX-32.1 - CERTIFICATION - Moregain Pictures, Inc.alad_ex32z1.htm
EX-31.2 - CERTIFICATION - Moregain Pictures, Inc.alad_ex31z2.htm
EX-31.1 - CERTIFICATION - Moregain Pictures, Inc.alad_ex31z1.htm

 



 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549


FORM 10-Q


(Mark One)


þ    QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934


For the quarterly period ended March 31, 2018


OR


o    TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934


For the transition period from ________________ to ________________


Commission file number 000-55297


ALADDIN INTERNATIONAL, INC.

(Exact name of registrant as specified in its charter)


Nevada

  

41-0990229

(State or other jurisdiction of

  

(I.R.S. Employer

incorporation or organization)

  

Identification No.)


117 E. Huntington Dr., Arcadia, CA 91006

(Address of principal executive offices, including zip code)

 

1 (626) 400-5727

(Registrant’s telephone number, including area code)


Not Applicable

(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  þ     No  o

 

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  þ     No  o

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.


Large accelerated filer   ¨

 

Accelerated filer   ¨

Non-accelerated filer     ¨

(Do not check if a smaller

Smaller reporting company  þ

 

reporting company)

Emerging growth company  þ


If an emerging growth company, indicate by checkmark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨


Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes  þ     No  o

 

As of May 21, 2018, the registrant had 7,180,199 shares of common stock issued and outstanding.

 

  




 


TABLE OF CONTENTS

 

 

PART I FINANCIAL INFORMATION

 

                             

 

                             

ITEM 1.

FINANCIAL STATEMENTS.

1

 

 

 

 

Condensed Balance Sheets as of March 31, 2018 (Unaudited) and June 30, 2017

1

 

 

 

 

Condensed Statements of Operations and Comprehensive Loss for the Three and Nine Months Ended March 31, 2018 and 2017 (Unaudited)

2

 

 

 

 

Condensed Statements of Cash Flows for the Nine Months Ended March 31, 2018 and 2017 (Unaudited)

3

 

 

 

 

Notes to Condensed Financial Statements (Unaudited)

4

 

 

 

ITEM 2.

MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.

9

 

 

 

ITEM 3.

QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.

13

 

 

 

ITEM 4.

CONTROLS AND PROCEDURES.

13

 

 

 

 

PART II – OTHER INFORMATION

 

 

 

 

ITEM 1.

LEGAL PROCEEDINGS.

15

 

 

 

ITEM 1A.

RISK FACTORS.

15

 

 

 

ITEM 2.

UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.

15

 

 

 

ITEM 3.

DEFAULTS UPON SENIOR SECURITIES.

15

 

 

 

ITEM 4.

MINE SAFETY DISCLOSURES.

15

 

 

 

ITEM 5.

OTHER INFORMATION.

15

 

 

 

ITEM 6.

EXHIBITS.

16

 

 

 

SIGNATURES

 

17

 



  





 


 

PART I – FINANCIAL INFORMATION

 

ITEM 1. 

FINANCIAL STATEMENTS.

 

ALADDIN INTERNATIONAL, INC.

CONDENSED BALANCE SHEETS


 

 

March 31,

 

 

June 30,

 

 

 

2018

 

 

2017

 

 

 

(Unaudited)

 

 

(Note 1)

 

ASSETS

 

 

 

 

 

 

Current Assets:

 

 

 

 

 

 

Cash and cash equivalents

 

$

54,373

 

 

$

59,529

 

Prepaid expenses

 

 

4,569

 

 

 

1,842

 

 

 

 

 

 

 

 

 

 

Total Current Assets

 

 

58,942

 

 

 

61,371

 

 

 

 

 

 

 

 

 

 

Fixed Assets:

 

 

 

 

 

 

 

 

Furniture and Equipment, net of accumulated depreciation of $1,175 at March 31, 2018 and $760 at June 30, 2017

 

 

1,084

 

 

 

1,499

 

 

 

 

 

 

 

 

 

 

Total Fixed Assets

 

 

1,084

 

 

 

1,499

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL ASSETS

 

$

60,026

 

 

$

62,870

 

 

 

 

 

 

 

 

 

 

LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current Liabilities:

 

 

 

 

 

 

 

 

Accounts payable

 

$

23,610

 

 

$

52,013

 

Related party loan

 

 

70,000

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Current Liabilities

 

 

93,610

 

 

 

52,013

 

 

 

 

 

 

 

 

 

 

TOTAL LIABILITIES

 

 

93,610

 

 

 

52,013

 

 

 

 

 

 

 

 

 

 

Commitments and contingencies (Note 1, 2, 4, 5 and 6)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stockholders' Equity (Deficit)

 

 

 

 

 

 

 

 

Preferred stock, $.001 par value 20,000,000 shares authorized, none issued and outstanding at March 31, 2018 and June 30, 2017

 

 

 

 

 

 

Common stock, $.001 par value 780,000,000 shares authorized, 7,180,199 and issued and outstanding at March 31, 2018 and June 30, 2017

 

 

7,180

 

 

 

7,180

 

Additional paid-in capital

 

 

879,407

 

 

 

862,907

 

Accumulated deficit

 

 

(920,171

)

 

 

(859,230

)

 

 

 

 

 

 

 

 

 

TOTAL STOCKHOLDERS' EQUITY (DEFICIT)

 

 

(33,584

)

 

 

10,857

 

 

 

 

 

 

 

 

 

 

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

 

$

60,026

 

 

$

62,870

 





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

  



1



 


ALADDIN INTERNATIONAL, INC.

CONDENSED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

(UNAUDITED)



 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

March 31,

 

 

March 31,

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

 

 

 

 

 

(Note 1)

 

 

 

 

 

(Note 1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

 

 

$

 

 

$

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating Expenses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Audit fees

 

 

 

 

 

2,240

 

 

 

9,600

 

 

 

11,940

 

Professional fees

 

 

13,086

 

 

 

1,162

 

 

 

24,980

 

 

 

9,772

 

Rent expense

 

 

 

 

 

(51,136

 

 

 

 

 

8,957

 

Licenses and permits

 

 

3,300

 

 

 

2,500

 

 

 

9,225

 

 

 

7,533

 

Share-based compensation

 

 

500

 

 

 

 

 

 

500

 

 

 

 

Marketing

 

 

16,000

 

 

 

 

 

 

16,000

 

 

 

 

Other

 

 

256

 

 

 

534

 

 

 

639

 

 

 

3,749

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Operating Expenses

 

 

33,142

 

 

 

(44,700

 

 

60,944

 

 

 

41,951

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Operating Income (Loss)

 

 

(33,142

)

 

 

44,700

 

 

 

(60,944

)

 

 

(41,951

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other Expenses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest Expense (Income), net

 

 

 

 

 

3,640

 

 

 

(3

)

 

 

11,082

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Other Expenses

 

 

 

 

 

3,640

 

 

 

(3

)

 

 

11,082

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Income (Loss)

 

$

(33,142

)

 

$

41,060

 

 

$

(60,941

)

 

$

(53,033

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Comprehensive Income (Loss)

 

$

(33,142

)

 

$

41,060

 

 

$

(60,941

)

 

$

(53,033

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Per Share

 

 

(0.01

)

 

 

0.01

 

 

 

(0.01

)

 

 

(0.01

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted Average Shares Outstanding

 

 

4,548,435

 

 

 

4,548,435

 

 

 

4,548,435

 

 

 

4,548,435

 





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





2



 


ALADDIN INTERNATIONAL, INC.

CONDENSED STATEMENTS OF CASH FLOWS

(UNAUDITED)


 

 

Nine Months Ended

 

 

 

March 31,

 

 

 

2018

 

 

2017

 

 

 

 

  

  

                     

  

Cash Flows from Operating Activities:

 

 

 

 

 

 

Net loss

 

$

(60,941

)

 

$

(53,033

)

Adjustment to reconcile net cash used in operating activities

 

 

 

 

 

 

 

 

Share-Based Compensation – Options

 

 

500

 

 

 

 

Depreciation

 

 

415

 

 

 

415

 

Imputed interest expense on related party notes

 

 

 

 

 

11,082

 

Warrants issued for services

 

 

16,000

 

 

 

 

Changes in operating assets and liabilities

 

 

 

 

 

 

 

 

Decrease in accounts payable & accrued expenses

 

 

(28,402

 

 

(11,816

)

(Increase) decrease in pre-paid expenses & deposits

 

 

(2,728

)

 

 

67,324

 

Net Cash Provided (Used) in Operating Activities

 

 

(75,156

)

 

 

13,972

 

 

 

 

 

 

 

 

 

 

Cash Flows from Investing Activities:

 

 

 

 

 

 

Net Cash Provided by Investing Activities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash Flows from Financing Activities:

 

 

 

 

 

 

 

 

Proceeds from related party loan

 

 

70,000

 

 

 

 

Net Cash Provided by Financing Activities

 

 

70,000

 

 

 

 

 

 

 

 

 

 

 

 

 

Increase (Decrease) in Cash

 

 

(5,156

)

 

 

13,972

 

 

 

 

 

 

 

 

 

 

Cash and Cash Equivalents, Beginning of Period

 

 

59,529

 

 

 

50,149

 

 

 

 

 

 

 

 

 

 

Cash and Cash Equivalents, End of Period

 

$

54,373

 

 

$

64,121

 

 

 

 

 

 

 

 

 

 

Interest Paid

 

$

 

 

$

 

 

 

 

 

 

 

 

 

 

Income Taxes Paid

 

$

 

 

$

 

 

 

 

 

 

 

 

 

 

Supplemental Disclosure of Non-Cash Transactions:

 

 

 

 

 

 

 

 

Conversion of advance from affiliates to additional paid in capital

 

$

 

 

$

 




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





3



 


ALADDIN INTERNATIONAL, INC.

NOTES TO FINANCIAL STATEMENTS

March 31, 2018

(Unaudited)

 

(1)

Basis of Presentation and Summary of Accounting Policies


Basis of Presentation


The accompanying unaudited condensed interim financial statements of Aladdin International, Inc. (the “Company” or “Aladdin”) have been prepared, without audit, pursuant to the rules and regulations of the Securities and Exchange Commission (SEC). In the opinion of management, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position of the Company as of March 31, 2018 and 2017 and for the periods then ended have been made. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted. The accompanying condensed consolidated interim financial statements should be read in conjunction with the Company’s Annual Report on Form 10-K for the year ended June 30, 2017, filed on October 1, 2017 (“Annual Report”).  Interim results for the six months ended March 31, 2018 are not necessarily indicative of the results that may be expected for the fiscal year ending June 30, 2018.


The accompanying financial statements have been prepared in conformity with generally accepted accounting principles in the United States of America. The Company, under new Officers and Directors is committed in the investments in Hollywood blockbusters made by six major studios.  It cooperates with predominant online streaming platforms and conducts M&A with prominent companies within the film industry in the USA, China, Hong Kong, Taiwan, South Korea, Japan, and many other countries with specialization in production, distribution and original screenplay development and investment.


The new Board has approved a change of the Company’s name to Moregain Pictures Inc. On March 23, 2018, the Board approved the name change in connection with the Company’s focus in financing, developing, producing and distributing motion picture.


The Company has got its majority shareholder approval of the name change on March 23, 2018 and intends to file an amendment to the Articles of Incorporation to effectuate the name change upon effectiveness of the Schedule 14C.


(a)  Related Party Debt - Convertible Note


The Company occasionally obtains financing from related parties in the form of notes payable which are convertible into shares of the Company’s common stock. The Company accounts for convertible notes and debt issuance costs associated with convertible notes following the guidance set forth in ASC 470-20, Debt with Conversion and Other Options; ASC 480, Distinguishing Liabilities from Equity; ASC 815-40, Derivatives and Hedging – Contracts in Entity’s Own Equity; EITF 07-5, Determining Whether an Instrument (or Embedded Feature) Is Indexed to an Entity’s Own Stock; and ASU 2015-03, Interest—Imputation of Interest (Subtopic 835-30) Simplifying the Presentation of Debt Issuance Costs.


The terms of such convertible notes payable are analyzed by management to determine their accounting treatment, including determining whether conversion features are required to be bifurcated and treated as a discount, allocation of fair value of the issuance to the debt instrument and any beneficial conversion features, and the applicable classification of the convertible notes payable as debt, equity or mezzanine temporary equity.


The intrinsic value of the embedded conversion feature of related party convertible notes payable are included in the discount to notes payable, which is accreted to interest expense over the expected term of the note using the effective interest method. The Company’s management also estimates the total fair value of any beneficial conversion feature in allocating debt proceeds. The proceeds allocated to the beneficial conversion feature are determined by taking the estimated fair value of shares issuable under the convertible notes less the fair value of the number of shares that would be issued if the conversion rate equaled the fair value of the Company’s common stock as of the date of issuance.




4



ALADDIN INTERNATIONAL, INC.

NOTES TO FINANCIAL STATEMENTS

March 31, 2018

(Unaudited)



(b)  Related Party Debt – Non-Convertible Note


The Company occasionally obtains financing from related parties in the form of notes payable. The Company accounts for such notes following the guidance set forth in ASC 470, Debt, and ASU 2015-03, Interest—Imputation of Interest (Subtopic 835-30) simplifying the Presentation of Debt Issuance Costs.


(c)  Concentrations


Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash and cash equivalents.  At March 31, 2018 and June 30, 2017, the Company had no amounts of cash or cash equivalents in financial institutions in excess of amounts insured by agencies of the U.S. Government.


(d)  Reclassifications


Certain amounts previously reported have been reclassified to conform to current presentation. Other of the Operating Expenses are reclassified to license and permit fees.  The reclassification had no impact on the Company’s total operating expenses.  


(e)  Operating Leases


The Company accounts for operating leases in accordance with SFAS No. 13, Accounting for Leases, and Financial Accounting Standards Board (FASB) Technical Bulletin 881, Issues Relating to Accounting for Leases.” Accordingly, rent expense under operating leases for the Company’s administrative office is recognized on a straight-line basis over the original term of each lease, inclusive of predetermined rent escalations or modifications.


(f)  Furniture and equipment


Furniture and equipment are stated at cost and are depreciated over the assets’ estimated useful lives ranging from three to seven years using the straight-line method of depreciation as follows:


Furniture

7 years

Equipment

3 - 5 years


(g)  Prepaid expenses


Prepaid expenses include annual fees required by such agents as Corporate Stock Transfer, OTCQB Market, and Godaddy.com.


(h)  Account payable


Account payable mainly includes fees for legal containers because of lack of cash in a certain period.


(i)  Share-Based Compensation


Share-based compensation expense is measured based on the estimated fair value of the share-based award when granted and is recognized as an expense over the requisite service period (generally the vesting period of the equity grant). We have estimated the fair value of each option on the date of grant using the Black-Scholes option-pricing model. Our estimate of share-based compensation requires a number of inputs and assumptions including our stock price volatility, expected life of the options, the risk-free interest rate and the Company’s dividend yield. The stock price volatility assumption is based on the historical price data of our common stock. Since we do not have price history over a period equivalent to the weighted average expected life of our options, we computed the annualized volatility based on share price data available. Management evaluated whether there were factors during that period which were unusual and would distort the volatility figure if used to estimate future volatility and concluded that there were no such factors. In determining the expected life of the option grants, the Company used the contractual terms as these are the first option grants issued by the Company and we believe that the contractual life is the best estimate of expected life based on the data we have available. The risk-free interest rate is based on the actual U.S. Treasury zero coupon rates for bonds matching the expected term of the option as of the option grant date. The dividend assumption is based upon the prior year’s average dividend yield. No compensation expense is recognized for options that are forfeited for which the employee does not render the requisite service.



5



ALADDIN INTERNATIONAL, INC.

NOTES TO FINANCIAL STATEMENTS

March 31, 2018

(Unaudited)



(2)

Capital Stock


Pursuant to the Articles of Incorporation of the Company, the Company is authorized to issue 780,000,000 shares of common stock with $.001 par value and 20,000,000 shares of preferred stock with $.001 par value. There were 7,180,199 shares of common stock issued and outstanding on March 31, 2018 and June 30, 2017.


There were no preferred shares outstanding as of March 31, 2018 and June 30, 2017.


(3)

Share-Based Compensation


On March 23, 2018, Board of Directors approved the 2018 Performance Boost Stock Option Plan in order to retain and recruit certain selected employee, consultants, and directors. The Board acknowledged that the Company’s stock options are one major component of compensation that could help retain and motivate employees, consultants, and directors toward achieving our performance goal. The Board determined that this stock option program shall consists of options to purchase a total of 2,000,000 shares of Common Stock, and shall be granted to employees, consultants, and directors that have the ability to contribute to the business development of the company.


On March 23, 2018, incentive stock options to purchase a total of 2,000,000 shares of Common Stock were granted to certain employees exercisable at $0.15 per share, the closing price on March 22, 2018 (the “Options”). The Options follows a vesting schedule that vests ratably over a ten-year period starting at the grant date and expires ten years after the grant date. For the quarter ended March 31, 2018, the Company recognized approximately $500 in share-based compensation as a result of these option grants.


A summary of the Company’s warrant activity and related information for the nine months ended March 31, 2018 are shown below:


 

 

Employee Stock Options

 

 

Weighted
Average
Exercise Price

 

Outstanding, July 1, 2017

 

 

 

 

$

 

Issued

 

 

2,000,000

 

 

 

0.15

 

Expired

 

 

 

 

 

 

Outstanding, March 31, 2018

 

 

2,000,000

 

 

 

0.15

 

Exercisable, March 31, 2018

 

 

 

 

$

 


The fair value of stock option grants was estimated on the grant date using the black-Scholes option-pricing model with the following weighted-average assumptions:


 

 

2018

 

Risk-Free Interest Rate

 

 

2.82

%

Expected Life (years)

 

 

10

 

Expected Volatility

 

 

467

%

Expected Dividend Yield

 

 

0

%


As of March 31, 2018, there was approximately $299,500 of unrecognized compensation expense related to stock options which is expected to be recognized over a weighted average period of approximately 10 years.


(4)

Warrants


The warrants issued by the Company are classified as equity. The fair value of the warrants was recorded as additional-paid-in-capital, and no further adjustments are made.

 

For stock warrants paid in consideration of services rendered by non-employees, the Company recognizes consulting expense in accordance with the requirements of FASB ASC 505-50, Equity-Based Payments to Non-Employees.

  



6



ALADDIN INTERNATIONAL, INC.

NOTES TO FINANCIAL STATEMENTS

March 31, 2018

(Unaudited)



On March 20, 2018, the Company entered into a one-year consulting agreement with Shilong Film Investment, Inc. for business development and marketing services to the Company (the General Counsel of Moregain Capital Group is married to the President of Shilong Film Investment, Inc., who is also a director of Moregain Capital Group). In consideration for the services, the Company agreed to issue warrants to purchase an aggregate of 3,000,000 shares of Company’s common stock, exercisable for five years from the date of issuance at an exercise price of $0.15 per share (the “Warrants”). The Company classified the Warrants as equity. Using the Black-Scholes-Merton pricing model, the Company determined the aggregate value of the Warrants to be approximately $600,000. This amount will be recognized over the one-year term of the consulting agreement. The warrants have a cashless exercise feature. For the quarter ended March 31, 2018, the Company recognized approximately $16,000 in marketing expenses as a result of the consulting agreement.

 

 

 

2018

 

Risk-Free Interest Rate

 

 

2.69

%

Expected Life (years)

 

 

5

 

Expected Volatility

 

 

467

%

Expected Dividend Yield

 

 

0

%


A summary of the Company’s warrant activity and related information for the nine months ended March 30, 2018 are shown below:

 

 

 

Warrants

 

 

Weighted
Average
Exercise Price

 

Outstanding, July 1, 2017

 

 

 

 

$

 

Issued

 

 

3,000,000

 

 

 

0.15

 

Expired

 

 

 

 

 

 

Outstanding, March 31, 2018

 

 

3,000,000

 

 

 

0.15

 

Exercisable, March 31, 2018

 

 

3,000,000

 

 

$

0.15

 


(5)

Related Party Transactions


The Company used the offices of its ex-President for its minimal office facility needs for no consideration before March 22, 2018. No provision for these costs had been provided since it had been determined that they were immaterial.  Since March 23, 2018, it has relocated to 117 E. Huntington Dr., Arcadia, CA 91006, the office leased by Moregain Capital Group, a major shareholder of the Company after March 23, 2018.


On October 23, 2015, the Company and Billion Rewards Development (Billion Rewards), a British Virgin Island corporation whose beneficial owner is Mr. Shi Jianxiang, entered into a Loan Agreement (“October Loan Agreement”), whereby Billion Rewards agreed to provide a loan in the amount of $200,000 (the “October Loan”) to the Company with an original maturity date of April 30, 2016 extended to January 31, 2017 and bearing no interest. Under the October Loan Agreement, if the Company conducted an offering for a total amount of $2,000,000 (the “Offering”) on or before February 28, 2016, the October Loan would be automatically converted into shares of common stock, par value $.001 per share of the Company at the conversion price equal to the purchase price in the Offering. In addition, pursuant to the October Loan Agreement, Billion Rewards would be entitled to convert any portion or all of the October Loan into shares of Common Stock of the Company, at the conversion price of volume weighted average price of the Common Stock as reported by Bloomberg for twenty trading days prior to such conversion. The Company has estimated the intrinsic value of this embedded conversion feature and recorded it as a discount to related party convertible debt of $8,059 and amortized it fully as of June 30, 2016. On November 5, 2015 the Company received the October Loan in the amount of $200,000.  On May 5, 2016 the Company and Billion Rewards entered into an amendment  agreement (“Amendment No 1 to October Loan Agreement”), whereby Billion Rewards agreed to modify and amend the October Loan to make it nonconvertible and to extend the due date from April 30, 2016 to January 31, 2017 and bearing no interest.


On January 7, 2016 the Company and Billion Rewards entered into a loan agreement (“January Loan Agreement”), whereby Billion Rewards agreed to provide a loan in the amount of $100,000 (the “January Loan”) to the Company with the maturity date of January 31, 2017 and bearing no interest.




7



ALADDIN INTERNATIONAL, INC.

NOTES TO FINANCIAL STATEMENTS

March 31, 2018

(Unaudited)



On May 19, 2016 the Company and Billion Rewards entered into a loan agreement (“June Loan Agreement”), whereby Billion Rewards agreed to provide a loan in the amount of $43,840 (the “June Loan”) to the Company with the maturity date of April 30, 2017 and bearing no interest.


The Company occasionally incurs expenses that are paid by related parties. When the related parties do not expect repayment these amounts are recorded as increases in additional paid-in capital. For the year ended June 30, 2017, $13,671 of the imputed interest incurred was included in additional paid in capital.


On June 3, 2017, Billion Rewards and the Company entered in a Debt Conversion Agreement (the "Agreement") pursuant to which Billion Rewards converted certain outstanding promissory notes (the "Notes") in the aggregate principal amount of $343,840 into shares of the Company’s Common Stock. The conversion price of the Notes was $0.131 per share and the market price was $0.201 per share, resulting in a $185,145 discount, which was recorded as loss on extinguishment of debt in the statement of operations. In accordance with the terms of the Agreement, the Notes were converted into 2,631,764 shares of Common Stock and the Notes were cancelled. As a result of such conversion and issuance of Common Stock, the Company’s issued and outstanding Common Stock totaled 7,180,199 shares as of June 3, 2017.  Billion Rewards beneficially owns 6,270,512 shares of Common Stock, which represents 87.3% of the total outstanding shares of the Company’s Common Stock as of December 31, 2017.


On January 10, 2018 the Company and Michael Wu, a close family-related party, entered into a loan agreement (“January 10th Loan Agreement”), whereby Michael Wu agreed to provide a loan in the amount of $70,000 (the “January 10th Loan”) to the Company with the maturity date of June 30, 2018 and bearing no interest.


The General Counsel of Moregain Capital Group is married to the President of Shilong Film Investment, Inc., who is also a director of Moregain Capital Group.


(6)

Commitments and Contingencies


Operating Lease


The Company entered into a non-cancelable operating sub-lease for office space on December 22, 2015 for a term that expires August 18, 2017 and paid $116,523 to the landlord of which $63,558 is a security deposit and $52,965 for five months prepaid rent of which $52,965 has been expensed as of June 30, 2017. On January 24, 2017, the Company has terminated the lease and in March 2017 received $59,905 as a partial return of the security deposit.


(7)

Subsequent Events


The Company has evaluated events subsequent to March 31, 2018 and through the date the financial statements were available to be issued, to assess the need for potential recognition or disclosure in this report.


No subsequent events were noted that require recognition or disclosure in the financial statements.





8



 


ITEM 2. 

MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.

 

The following discussion of our financial condition and results of operations should be read in conjunction with our unaudited condensed interim financial statements and the notes to those financial statements appearing elsewhere in this Report.


Certain statements in this Report constitute forward-looking statements. These forward-looking statements include statements, which involve risks and uncertainties, regarding, among other things, (a) our projected sales, profitability, and cash flows, (b) our growth strategy, (c) anticipated trends in our industry, (d) our future financing plans, and (e) our anticipated needs for, and use of, working capital. They are generally identifiable by use of the words “may,” “will,” “should,” “anticipate,” “estimate,” “plan,” “potential,” “project,” “continuing,” “ongoing,” “expects,” “management believes,” “we believe,” “we intend,” or the negative of these words or other variations on these words or comparable terminology. In light of these risks and uncertainties, there can be no assurance that the forward-looking statements contained in this filing will in fact occur. You should not place undue reliance on these forward-looking statements.


The forward-looking statements speak only as of the date on which they are made, and, except to the extent required by federal securities laws, we undertake no obligation to update any forward-looking statements to reflect events or circumstances after the date on which the statements are made or to reflect the occurrence of unanticipated events.


The "Company", "we," "us," and "our," refer to Aladdin International, Inc.


Overview and Corporate History


Aladdin International, Inc. (the "Company") was incorporated under the laws of the state of Minnesota on May 3, 1972. The Company was a franchisee of fast food restaurants in Milwaukee, Wisconsin until the franchised restaurants were sold in October 1998. Since June 2010, the Company has had insignificant operations and assets consisting solely of cash. As such, the Company is presently defined as a "shell" company under Rule 12b-2 of the Securities Exchange Act of 1934, as amended (“Exchange Act”).


On February 14, 2008, the Company entered into a Stock Purchase Agreement with Michael Friess and Sanford Schwartz, both of whom have been successful in completing merger transactions between public blank-check companies they controlled with private operating companies. The Stock Purchase Agreement provided that some time following the sale of the Company’s real estate and the distribution of the sale proceeds to the Company’s shareholders, each of Mr. Friess and Mr. Schwartz would purchase 1,819,374 shares of the Company’s common stock (representing 40% of the then-to-be outstanding shares of the Company’s common stock) for $10,000. On June 24, 2010, the Company sold the real estate. The Board of Directors declared a dividend of $0.148 per share paid on May 6, 2011, to its shareholders of record on March 31, 2011. On July 16, 2014, in connection with the sale of the shares to Mr. Friess and Mr. Schwartz, Mr. Friess and Mr. Schwartz were appointed to the Company’s Board of Directors, the then current Directors resigned from the Board, Mr. Friess was appointed CEO of the Company, and Mr. Schwartz was appointed CFO and Secretary.


On November 25, 2014, the Company held a shareholder meeting to reincorporate the Company in the State of Nevada and amend the Articles of Incorporation to increase the authorized common stock of the Company to seven hundred eighty million (780,000,000) shares of common stock and to authorize the creation of 20,000,000 shares of preferred stock.


On July 20, 2015, Mr. Michael Friess and Mr. Sanford Schwartz and Billion Rewards Development Limited, a British Virgin Islands corporation, entered into a Securities Purchase Agreement, pursuant to which Billion Rewards Development Limited purchased from Mr. Michael Friess and Mr. Sanford Schwartz an aggregate of 3,638,748 shares of Common Stock of the Company, which represent 80% of the issued and outstanding shares of Common Stock, for the purchase price of $300,000.


The closing of the transaction occurred on July 20, 2015. In connection with the Securities Purchase Agreements, Mr. Sanford Schwartz resigned as the CFO and director of the Company, and Mr. Michael Friess resigned as a CEO and president of the Company. Mr. Ningdi Chen was appointed as the Chief Executive Officer, President, Chief Financial Officer, Treasurer, Secretary, and director of the Company as of July 20, 2015. In addition, Michael Friess resigned as a director effective on the tenth day following the Company’s mailing of this Information Statement on Schedule 14f-1 to its shareholders, which occurred on July 23, 2015. Immediately after the closing, Billion Rewards Development Limited owned approximately 80% of the issued and outstanding Common Stock of the Company.


On June 3, 2017, a total of $343,840 of the third-party loans was converted to a total of 2,631,764 shares of Common Stock of the Company. As a result, Billion Rewards Development Limited held an aggregate of 6,270,512 shares of Common Stock of the Company, which represents 87.33% of the issued and outstanding shares of Common Stock as of June 30, 2017.



9



 



On March 20, 2018, the Company entered into certain consulting agreement with Shilong Film Investment Inc. (“Shiling”), a California corporation that engages in film production investment in Hollywood, Hong Kong, ND China.  Pursuant to the Agreement, Shilong agreed to provide the Company with strategy to promote growth, advisory service with respect to business development, marketing efforts to increase awareness for the Company’s corporate image.  In considering for the services, the Company agreed to issue Shilong warrants to purchase an aggregate of 3,000,000 shares of the Company’s common stock, exercisable for five (5) years from the date of issuance at an exercise price of $0.15 per share.  


On March 21, 2018, Billion Rewards Development Limited, a British Virgin Islands corporation, the then majority shareholder of the Company entered into a Securities Purchase Agreement with Moregain Capital Group, a Nevada Corporation, pursuant to which Moregain Capital Group LLC purchased from Billion Rewards Development Limited, an aggregate of 6,270,512 shares of Common Stock of the Company, which represent 87.33% of the issued and outstanding shares of Common Stock, for the purchase price of $180,000.


In connection with the Securities Purchase Agreements, on March 23, 2018, Mr. Qinghua Chen resigned from all office positions and director of the Company, effective immediately.  Mr. Michael D. Antonovich was appointed as the Chairman of the Board, Lianne Hermann as the Chief Financial Officer and Sherwood Wu as an Independent Director of the Board, all effective on March 23, 2018.


On March 23, 2018, Board of Directors of the Registrant approved “2018 Performance Boost Stock Option Plan” in order to retain and recruit certain selected employees, consultants, and directors. In the same day, stock options to purchase a total of 2,000,000 shares of common stock were granted to certain employees, consultants, and directors exercisable at $0.15 per share, the closing price on March 22, 2018, following a 10-year vesting schedule starting 12-months from the commencement date of March 23, 2018.


On March 23, 2018, the Board and the majority shareholder of the Company approved the name change to “Moregain Pictures Inc.”  in connection with the Company’s focus in developing motion picture, entertainment and media business. We are in the process to effectuate the name change.


On May 15, 2018, Ms. Lianne Herrmann tendered her resignation as Chief Financial Officer and Treasurer of the Company, effective immediately. On May 18, 2018, the Board of Directors of the Company appointed Richard Pao as the Chief Financial Officer and Treasurer, and Jesse Weiner as General Counsel, effective immediately.


As of March 31, 2018, our accumulated deficit was ($920,171). Our net loss for the three months ended March 31, 2018 was ($33,142). Our losses have principally been attributed to a lack of revenues while incurring operating expenses.


Plan of Operations


The Company will specialize in investing in Hollywood movies with a focus on films with an extraordinary cast and crew, exciting storylines, and high production quality.  It prefers films that target global audiences and have a global distribution network.  


The Company plans to focus on developing innovative concepts with a fresh approach, covers award-winning feature films, short films, live events, and new media content.  It is committed to building an inclusive pipeline and telling the diverse stories in its industry to advance the art and business of China and America's creative economy. The Company embraces new advances in technology. Innovations in filmmaking transport audiences to new worlds and deliver content where, when, and on any device, they want.


The Company is majority owned by a private company, Moregain Capital Group LLC, a comprehensive private equity investment and management company specializing in financing the healthcare industry, the gambling industry, and the entertainment industry, as well as commercial bank investment and capital market cooperation.


Our goal is to become a professional and comprehensive film company specializing in the investment, development, and distribution of blockbuster movies in Hollywood.  




10



 


The core concept of the Company is that “a good story will surely make a good movie. A good movie will surely have a good international box office return. A good box office will certainly bring huge profits to the Company.”  The precision investment in the film and television industry has laid the foundation for its own success. Continuous and strong profitability is not only a perpetual necessity, but also create a benchmark for the industry. With unique creative and innovative thinking, we believe the Company will become stronger and bigger, while simultaneously guaranteeing the safety and benefits of investors.  It will be strategically cooperating with six major US production companies, focusing on the exchange of resources, complementing each other’s strengths, and building strong, supportive alliances. Headquartered in Los Angeles with immediate access to Hollywood, the Company will use creativity and innovation to maximize its advantages in order to support the success of its investments and films. This includes exploring opportunities to acquire and hold film and television companies in Hollywood, China, Hong Kong, and other regions, while implementing in-depth reorganization to lead to a more globally successful industry.  It believes that “a country is strong because of its strong economy; a country’s economy is strong because of its strong culture; a country’s culture is strong because of its strong films.” A movie is like a name card for a nation which reflects the culture of its country, and connects the world through the spirit of humanities in turn promoting international change. Its investment in the movie industry and film technology, and reliance on the global movie market, will play an invaluable role in the future layout of the film-based cultural field.


Results of Operations


For the three and nine months ended March 31, 2018 compared to the three and nine months ended March 31, 2017


The following summary of our results of operations should be read in conjunction with our unaudited condensed interim financial statements included herein. Our unaudited operating results for the periods ended March 31, 2018 and 2017 are summarized as follows:


 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

March 31,

 

 

March 31,

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

 

 

$

 

 

 

$

 

 

$

 

Operating Expenses (Income)

 

 

33,142

 

 

 

(44,700

)

 

 

60,944

 

 

 

41,951

 

Net Income (Loss)

 

 

(33,142

)

 

 

41,060

 

 

 

(60,941

)

 

 

(53,033

)


Revenues


We did not earn any revenues for the three months periods ended March 31, 2018. We are presently in the development stage of our business and we can provide no assurance that we will begin earning revenues.


Operating Expenses


Our operating expenses for the three-month periods ended March 31, 2018 and 2017 (unaudited) are outlined in the table below:


 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2018

 

 

2017

 

 

 

(unaudited)

 

 

(unaudited)

 

Audit fees

 

$

 

 

 

2,240

 

Professional fees

 

 

13,086

 

 

 

1,162

 

Rent expense

 

 

 

 

 

(51,136

License and permits

 

 

3,300

 

 

 

2,500

 

Share-based compensation to employees

 

 

500

 

 

 

 

Marketing

 

 

16,000

 

 

 

 

Other

 

 

256

 

 

 

534

 

Total Expenses

 

$

33,142

 

 

$

(44,700


The total operating expenses were increased from the three months period ended March 31, 2017 because the Company spent more in the legal and accounting services.




11



 


Our operating expenses for the nine-month periods ended March 31, 2018 and 2017 (unaudited) are outlined in the table below:


 

 

Nine Months Ended

 

 

 

March 31,

 

 

 

2018

 

 

2017

 

 

 

(unaudited)

 

 

(unaudited)

 

Audit fees

 

$

9,600

 

 

 

11,940

 

Professional fees

 

 

24,980

 

 

 

9,772

 

Rent expense

 

 

 

 

 

8,957

 

License and permits

 

 

9,225

 

 

 

7,533

 

Share-based compensation to employees

 

 

500

 

 

 

 

Marketing

 

 

16,000

 

 

 

 

Other

 

 

639

 

 

 

3,749

 

Total Expenses

 

$

60,944

 

 

$

41,951

 


The total operating expenses were increased from the nine months period ended March 31, 2017 because the Company spent more in the legal and accounting services.


Net Income (Loss)


Operating expenses were composed of audit and professional fees and general and administrative expenses. The net income (loss) for the three months ended March 31, 2018 and 2017 were ($33,142) and $41,060, respectively. The net income (loss) for the nine months ended March 31, 2018 and 2017 were ($60,941) and $(53,033), respectively. These increases were mainly because the Company spent more in the legal and accounting services.


Liquidity and Capital Resources


As of March 31, 2018, cash and cash equivalents were $54,373, compared to $59,529 at June 30, 2017.


It is the intent of management to provide the working capital necessary to support and preserve the integrity of the Company. The Company’s current major shareholder, Moregain Capital Group will provide any additional funding to the Company. It is anticipated that the Company will require approximately double or triple of working capital during the next 12 months to implement its business plan.


In view of these matters, realization of certain of the assets in the accompanying balance sheet is dependent upon continued operations of the Company, which in turn is dependent upon the Company's ability to meet its financial requirements, raise additional capital, and the success of its future operations. The financial statements do not include any adjustments relative to the recoverability of assets and classification of liabilities that might be necessary should the company be able to continue as a going concern. The Company has financed its operations primarily through the sale of stock and advances from a related party. There is no assurance there will be future sales of stock or that these advances will continue in the future.


Critical Accounting Policies and Estimates


The accompanying financial statements have been prepared in conformity with generally accepted accounting principles in the United States of America, which contemplates continuation of the Company as a going concern. Due to the uncertainty of the Company’s ability to meet its current operating and capital expenses, there is substantial doubt about the Company’s ability to continue as a going concern, as the continuation and expansion of our business is dependent upon obtaining further financing. Our condensed interim financial statements do not include any adjustments that might result from the outcome of these uncertainties.


The preparation of these condensed interim financial statements requires us to make estimates and judgments that affect the reported amounts of assets, liabilities and expenses. On an ongoing basis, we evaluate these estimates and judgments, including those described below. We base our estimates on our historical experience and on various other assumptions that we believe to be reasonable under the present circumstances. These estimates and assumptions form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ materially from these estimates.




12



 


While our significant accounting policies are more fully described in Note 1 to our financial statements included in our Annual Report on Form 10-K for the year ended June 30, 2017, filed on October 1, 2017 (“Annual Report”), we believe that the following accounting policies are the most critical to assist you in fully understanding and evaluating our reported financial results and affect the more significant judgments and estimates that we use in the preparation of our financial statements.


(a)

Related Party Debt


Convertible Notes


The Company occasionally obtains financing from related parties in the form of notes payable which are convertible into shares of the Company’s common stock. The Company accounts for convertible notes and debt issuance costs associated with convertible notes following the guidance set forth in ASC 470-20, Debt with Conversion and Other Options; ASC 480, Distinguishing Liabilities from Equity; ASC 815-40, Derivatives and Hedging – Contracts in Entity’s Own Equity; EITF 07-5, Determining Whether an Instrument (or Embedded Feature) Is Indexed to an Entity’s Own Stock; and ASU 2015-03, Interest—Imputation of Interest (Subtopic 835-30) Simplifying the Presentation of Debt Issuance Costs.


The terms of such convertible notes payable are analyzed by management to determine their accounting treatment, including determining whether conversion features are required to be bifurcated and treated as a discount, allocation of fair value of the issuance to the debt instrument and any beneficial conversion features, and the applicable classification of the convertible notes payable as debt, equity or mezzanine temporary equity.


The intrinsic value of the embedded conversion feature of related party convertible notes payable are included in the discount to notes payable, which is accreted to interest expense over the expected term of the note using the effective interest method. The Company’s management also estimates the total fair value of any beneficial conversion feature in allocating debt proceeds. The proceeds allocated to the beneficial conversion feature are determined by taking the estimated fair value of shares issuable under the convertible notes less the fair value of the number of shares that would be issued if the conversion rate equaled the fair value of the Company’s common stock as of the date of issuance.


Non-convertible Notes


The Company occasionally obtains financing from related parties in the form of notes payable. The Company accounts for such notes following the guidance set forth in ASC 470, Debt, and ASU 2015-03, Interest—Imputation of Interest (Subtopic 835-30) simplifying the Presentation of Debt Issuance Costs.


Off-Balance Sheet Arrangements


We do not have 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 that is material to investors.


ITEM 3. 

QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.

 

Pursuant to Item 305(e) of Regulation S-K (§ 229.305(e)), the Company is not required to provide the information required by this Item as it is a “smaller reporting company,” as defined by Rule 229.10(f)(1).


ITEM 4. 

CONTROLS AND PROCEDURES.

 

Evaluation of Disclosure Controls and Procedures


Disclosure controls and procedures refer to controls and other procedures designed to ensure that information required to be disclosed in the reports we file or submit under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), is recorded, processed, summarized and reported within the time periods specified in the rules and forms of the SEC and that such information is accumulated and communicated to our management, including our chief executive officer and chief financial officer, as appropriate, to allow timely decisions regarding required disclosure. In designing and evaluating our disclosure controls and procedures, management recognizes that any controls and procedures, no matter how well designed and operated, can provide only reasonable assurance of achieving the desired control objectives, and management is required to apply its judgment in evaluating and implementing possible controls and procedures.

 



13



 


Management conducted its evaluation of disclosure controls and procedures under the supervision of our Chief Executive Officer and Chief Financial Officer. Based on that evaluation, our Chief Executive Officer and Chief Financial Officer concluded that, because of the material weakness in internal control over financial reporting, our disclosure controls and procedures were not effective as of March 31, 2018. 

Changes in Internal Controls Over Financial Reporting


There have been no changes in the internal controls over financial reporting during the period covered by this report, that materially affected, or are reasonably likely to materially affect, our internal control over financial reporting subsequent to the date of management’s last evaluation.











14



 


PART II – OTHER INFORMATION

 

ITEM 1. 

LEGAL PROCEEDINGS.


There are no other actions, suits, proceedings, inquiries or investigation before or by any court, public board, government agency, self-regulatory organization or body pending or, to the knowledge of the executive officers of our company or any of our subsidiaries, threatened against or affecting our company, our common stock, any of our subsidiaries or of our companies or our subsidiaries’ officers or directors in their capacities as such, in which an adverse decision could have a material adverse effect.


ITEM 1A.

RISK FACTORS.

 

Not applicable to a smaller reporting company.


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.


ITEM 5. 

OTHER INFORMATION.


On May 15, 2018, Ms. Lianne Herrmann tendered her resignation as Chief Financial Officer and Treasurer of the Company, effective immediately. Ms. Herrmann’s resignation was not due to any disagreement with the Company or any matters relating to the Company’s operations, policies or practices.  


On May 21, 2018, the Board of Directors of the Company appointed Richard Pao as the Chief Financial Officer and Treasurer, and Jesse Weiner as General Counsel, effective May 18, 2018.


Richard Pao, age 72, has extensive experience in the taxation and accounting fields. He graduated with a degree in accounting from Cal Poly University in 1969. He worked for UPS soon after graduation until 1978, and as manager in the tax department of ADP to 1982. Mr. Pao then decided to branch out on his own and opened his own accounting firm, which has been a very successful and fulfilling endeavor. While running his own firm, Mr. Pao also engaged in several ventures, the most successful of those being joining United National Bank as a director of the bank, and as chairperson of the internal audit committee. The bank was sold to a new investor in 1994. Mr. Pao continues practicing accounting until now.


Jesse Weiner, age 46, graduated from Emory University in 1994 and received his law degree from George Washington University in 2009. He then worked in China on corporate and intellectual property matters as an associate at one of China’s largest law firms Yingke Law Firm from November of 2013 up until joining the Company, as well the international firm Hogan Lovells from July 2013 to November 2013.




15



 


ITEM 6. 

EXHIBITS.

 

Exhibit
Number

 

Description of Exhibit

31.1

     

Rule 13(a)-14(a)/15(d)-14(a) Certification of principal executive officer

31.2

 

Rule 13(a)-14(a)/15(d)-14(a) Certification of principal financial and accounting officer

32.1*

 

Section 1350 Certification of principal executive officer

32.2*

 

Section 1350 Certification of principal financial and accounting officer

101.INS

 

XBRL Instance Document

101.SCH

 

XBRL Taxonomy Extension Schema Document

101.CAL

 

XBRL Taxonomy Extension Calculation Linkbase Document.

101.LAB

 

XBRL Taxonomy Extension Label Linkbase Document.

101.PRE

 

XBRL Taxonomy Extension Presentation Linkbase Document.

101.DEF

 

XBRL Taxonomy Extension Definition Linkbase Document.


*Furnished herewith.





16



 


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.


 

Aladdin International, Inc.

 

 

 

 

 

 

Date: May 21, 2018

By

/s/ Michael D. Antonovich

 

 

Name: Michael D. Antonovich

 

 

Title: Chief Executive Officer



 

 








17