SATYA WORLDWIDE, INC. - FORM 10-K

Attached files

file	filename
EX-32.2 - EXHIBIT322 - SATYA WORLDWIDE, INC.	exhibit322.htm
EX-32.1 - EXHIBIT321 - SATYA WORLDWIDE, INC.	exhibit321.htm
EX-31.2 - EXHIBIT312 - SATYA WORLDWIDE, INC.	exhibit312.htm
EX-31.1 - EXHIBIT311 - SATYA WORLDWIDE, INC.	exhibit311.htm
EX-21.1 - EXHIBIT211 - SATYA WORLDWIDE, INC.	exhibit211.htm

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-K

(Mark One)

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

For the fiscal year ended December 31, 2017

OR

☐	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: 0-55255

Satya Worldwide, Inc.

(Exact name of registrant as specified in its charter)

Florida		46-0636099
(State or other jurisdiction of incorporation or organization)		(I.R.S. Employer Identification No.)

420 Lexington Avenue, Suite 2320

New York, NY 10170

(Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code: (646) 975-9246

Securities registered under Section 12(b) of the Exchange Act: None

Securities registered under Section 12(g) of the Exchange Act:

Common Stock, par value $0.0001 per share

(Title of Class)

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☐ No ☒

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ☐ No ☒

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 No ☒

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate website, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes ☐ No ☒

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. ☒

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 definitions of "large accelerated filer," "accelerated filer," and "smaller reporting company" in Rule 12b-2 of the Exchange Act. (Check one):

Large accelerated filer ☐	Accelerated filer ☐
Non-accelerated filer	Smaller reporting company ☒
(Do not check if a smaller reporting company)	Emerging growth company ☒

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

The aggregate market value of the registrant's Common Stock held by non-affiliates was $2,662,590, based on the price of $0.55 per share of Common Stock on August 31, 2018. Shares of Common Stock known by the registrant to be beneficially owned as of June 30, 2017 by the registrant's directors and the registrant's executive officers subject to Section 16 of the Securities Exchange Act of 1934 are not included in the computation. The registrant, however, has made no determination that such persons are "affiliates" within the meaning of Rule 12b-2 under the Securities Exchange Act of 1934.

At September 24, 2018 there were 78,838,546 shares of the registrant's Common Stock issued and outstanding.

TABLE OF CONTENTS

Satya Worldwide, Inc.

FORM 10-K

For The Fiscal Year Ended December 31, 2017

TABLE OF CONTENTS

		Page

PART I		3

Item 1.	Business	3
Item 1A.	Risk Factors	5
Item 1B.	Unresolved Staff Comments	5
Item 2.	Properties	5
Item 3.	Legal Proceedings	5
Item 4.	Mine Safety Disclosures	5

PART II		5

Item 5.	Market for Registrant's Common Equity, Related Stockholder Matters, and Issuer Purchases of Equity Securities	5
Item 6.	Selected Financial Data	6
Item 7.	Management's Discussion and Analysis of Financial Condition and Results of Operations	6
Item 7A.	Quantitative and Qualitative Disclosures about Market Risk	10
Item 8.	Financial Statements and Supplementary Data	10
Item 9.	Changes in and Disagreements with Accountants on Accounting and Financial Disclosure	24
Item 9A.	Controls and Procedures	24
Item 9B.	Other Information	25

PART III		26

Item 10.	Directors, Executive Officers and Corporate Governance	26
Item 11.	Executive Compensation	28
Item 12.	Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters	29
Item 13.	Certain Relationships and Related Transactions, and Director Independence	30
Item 14.	Principal Accounting Fees and Services	31

PART IV		31

Item 15.	Exhibits, Financial Statement Schedules	31
	Signatures	32

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Explanatory Notes

In this Annual Report on Form 10-K, Satya Worldwide, Inc. is sometimes referred to as the "Company", "we", "our", "us" or "registrant" and U.S. Securities and Exchange Commission is sometimes referred to as the "SEC".

PART I

Item 1. Business.

Our Company

Overview

Satya Worldwide, Inc. ("Satya," the "Company," "we," "us," "our"), is a Florida company incorporated on March 26, 2012. Satya is comprised of the parent company Satya Worldwide, Inc., wholly-owned subsidiaries, Global Fantasy Sports, Inc. ("GFSI"), and its' wholly-owned subsidiary How Far Games, LLC ("HFG").

Acquisition of Global Fantasy Sports, Inc.

On May 26, 2016, (the "Closing Date") the Company and GFSI, a privately held company, entered into an Amended and Restated Stock Purchase and Reorganization Agreement (the "Acquisition Agreement"). Under the terms of the GFSI Acquisition Agreement, the then-existing stockholders of GFSI exchanged all of their shares of common stock of GFSI for newly issued common shares of the Company (the "Share Exchange") for a total of 27,000,000 newly issued shares of the Company's common stock. Global Fantasy Sports, Inc. incurred $327,000 of acquisition costs with respect to the Acquisition Agreement.

The GFSI Acquisition together with the earlier January 2016 purchase of 30,000,000 newly issues shares of the Company's common stock resulted in the former owners of GFSI owning approximately 95.0% of Satya Worldwide, Inc.'s common stock as of the closing date. The GFSI Acquisition has been treated as a reverse merger and recapitalization of GFSI for financial accounting purposes and the Company will continue the existing business operations of GFSI as a wholly-owned subsidiary. The historical financial statements presented in these financial statements are those of GFSI and Global Fantasy Sports, Ltd., both of which were under common control prior to the asset sale disclosed below, and of the consolidated entities from the date of GFSI Acquisition forward. As a result of this transaction, the equity sections of Global Fantasy Sports, Inc. for all prior periods presented reflect the recapitalization described above and are consistent with the December 31, 2016 consolidated balance sheets presented for the Company.

GFSI was incorporated on March 26, 2012 under the laws of the State of Florida for the sole purpose of acquiring certain intellectual property and a subsidiary of Global Fantasy Sports, Ltd., a Gibraltar corporation. The principal activity of Global Fantasy Sports, Ltd. was the development of software relating to fantasy sports games and entertainment products. Under a sale agreement dated March 14, 2016, Global Fantasy Sports, Ltd. sold all its rights to its intellectual property relating to its fantasy games software and its ownership of How Far Games LLC to Global Fantasy Sports Inc. in exchange for 14,000,000 shares of GFSI. The assets and liabilities transferred to GFSI. relate to interests under common control and were recorded at historical cost and the operations were consolidated as if the asset sale had occurred as of the beginning of the earliest period presented in our consolidated financial statements.

As a result of the foregoing transactions the principal current activity of the Company is the development of software relating to fantasy sports games and entertainment products with the intention to commercialize the games as soon as reasonably practicable. Satya, GFSI, and HFG are hereafter collectively referred to as "the Company," "we," "us," "our."

The Company's office is located at 420 Lexington Avenue; Suite 2320, New York, NY 10170.

Formation of Subsidiaries

On November 2, 2016, the Company formed Global Fantasy Sports (Gibraltar) Limited ("GFSL"), a wholly-owned foreign subsidiary organized in Gibraltar. GFSL was formed to undertake future business to business ("B2B") opportunities.

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Our Business

We are a Business to Business (B2B) developer of sports entertainment and fan-centric, second-screen games and experiences comprising both social and fully legally compliant gaming models. We were originally formed to enter into the daily fantasy sports market in the United States. However, in 2016, after reviewing the regulatory and legislative issues arising over daily fantasy sports in the United States, we pivoted our business to being a business-to-business-oriented software development company supplying sports entertainment and fan-centric, second-screen games and experiences to businesses who offer social gaming experiences to end users.

Our Games

We strive to design games which are challenging as well as fun and believe that the games should engage with the player's expectations and creatively challenge winning strategies. By attention to detail, collaborative design and a true alignment to each individual sport, we aim to create social gaming platforms that deliver at all levels of fan engagement. By offering a wider user experience, and lower barriers to entry, our strategy is simple: to create fun, engaging sports games that offer a wide user experience than the traditional social game platforms available today.

In March 2017, we signed a four-year joint venture agreement with Beijing Lianzhong in China, a wholly owned subsidiary of OurGame International Holdings Limited ("OurGame") to launch a Fantasy Soccer Game in China. OurGame is listed on The Stock Exchange of Hong Kong Limited under stock code 06899. It is the pioneer of online board and card games in China and was one of the first companies to have a dedicated online card and board game business. OurGame offered 200 online games and served more than 100 million customers. Their chosen partners for the launch of the GSEG Soccer games are Irena World, listed on the China stock exchange. Irena World owns the CSL Football stadiums and controls all the advertising, venue operations, match services, and franchising of sports events throughout China. Irena have over 4 million ticker buyers for China's most popular sporting event. The games have been integrated into their platform. On August 15, 2018, OurGame announced a corporate restructuring and divestiture of certain assets as they relate to the Beijing Lianzhong subsidiary. We are waiting the outcome of the reorganization and will assess our options once completed at a future date.

Competition

Competition in the US daily fantasy sports market is fierce. Two companies, FanDuel and DraftKings dominate the market, holding an approximately 90+% of the daily fantasy sports marketplace. In addition, they have raised a combined total of over $1 billion in financing and spent large portions of that money on traditional mass media advertising such as television and professional team sponsorships. However, despite holding almost the entire daily fantasy sports marketplace between them, they hold less than 5% of the total fantasy sports market when you factor in 41 million traditional season long participants. We intend on competing with these larger companies by offering products that cater to a wider audience than current daily fantasy sports offerings, offers greater transparency and fairness but above all, delivers true fan engagement through tradition, history and the identity of the sport.

Marketing

Through various partnerships and joint ventures, we intend on serving the traditional sports fan markets as well as aiming to capture the new generations of sports fans by embracing new social media dynamics, understanding how Millennials consume their favorite sports and how to truly engage with them.

Revenue Sources

As a B2B game supplier, we will seek to generate revenue through licensing fees and negotiated revenue splits with it our licensees.

Government Regulation of Data

In the area of information security and data protection, many states have passed laws requiring notification to users when there is a security breach for personal data, such as the 2002 amendment to California's Information Practices Act, or requiring the adoption of minimum information security standards that are often vaguely defined and difficult to practically implement. The costs of compliance with these laws may increase in the future as a result of changes in interpretation. Furthermore, any failure on GFS' part to comply with these laws may subject us to significant liabilities.

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We are also subject to federal, state and foreign laws regarding privacy and protection of member data. We post our privacy policy and user agreement which describe our practices concerning the use, transmission and disclosure of member data. Any failure by us to comply with its posted privacy policy or privacy related laws and regulations could result in proceedings against us by governmental authorities or others, which could harm our business. In addition, the interpretation of data protection laws, and their application to the Internet is unclear and in a state of flux. There is a risk that these laws may be interpreted and applied in conflicting ways from state to state, country to country, or region to region, and in a manner that is not consistent with our data protection practices. Complying with these varying international requirements could cause us to incur additional costs and change its business practices. Further, any failure by us to adequately protect its members' privacy and data could result in a loss of member confidence in our services and ultimately in a loss of members and customers, which could adversely affect our business.

In addition, because our services are accessible worldwide, certain foreign jurisdictions have claimed and others may claim that we are required to comply with their laws, including jurisdictions where we have no local entity, employees or infrastructure.

Employees

As of August 31, 2018, we employed three full-time employees. In addition, our Ukrainian subsidiary has 12 full time employees. None of our employees are currently represented by a trade union, and we consider our relations with our employees to be good.

Item 1A. Risk Factors.

Not applicable to smaller reporting companies.

Item 1B. Unresolved Staff Comments.

None.

Item 2. Properties.

We lease approximately office space on a month-to-month basis for our headquarters, which are located at 420 Lexington Avenue; Suite 2320, New York, NY 10170. We believe that this space is presently adequate for our needs.

Item 3. Legal Proceedings.

We are not a party to any legal proceedings, nor are we aware of any threatened litigation whatsoever.

Item 4. Mine Safety Disclosures

Not applicable to smaller reporting companies.

PART II

Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.

Market Information

During the 2017 and 2016 calendar years, our Common Stock was quoted for trading on the OTC Marketplace under the symbol "STYA" and is currently trading under the symbol "GSEG".

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The following table shows, for each quarter of the 2017 and 2016 calendar years, the range of reported high and low bid quotations of our Common Stock as reported by the OTC Market. The quotations from the OTC Market reflect inter-dealer prices without retail mark-up, mark-down, or commissions and may not represent actual transactions.

	High		Low

2017:
Fourth quarter, ended December 31, 2017	$	0.55	$	0.15
Third quarter, ended September 30, 2017		0.55		0.55
Second quarter ended June 30, 2017		0.55		0.55
First quarter ended March 31, 2017		0.55		0.55

2016:
Fourth quarter, ended December 31, 2016	$	0.55	$	0.50
Third quarter, ended September 30, 2016		0.50		0.30
Second quarter ended June 30, 2016		0.40		0.12
First quarter ended March 31, 2016		0.25		0.25

Holders of Record

As of December 31, 2017 and December 31, 2016, respectively, there were 26 and 33 shareholders of record of the Company's common stock, respectively.

Dividend Policy

We have never declared or paid any cash dividends on our common stock. We do not anticipate paying any cash dividends on our common stock in the foreseeable future. We currently intend to retain future earnings, if any, to finance our operations, and to expand our business. Subject to the rights of holders of preferred stock, any future determination to pay cash dividends will be at the discretion of our board of directors and will be dependent upon our financial condition, operating results, capital requirements, limitations under Florida law and other factors that our board of directors considers appropriate.

Item 6. Selected Financial Data.

Not applicable to smaller reporting companies.

Item 7. Management's Discussion And Analysis Of Financial Condition And Results Of Operations

The following management's discussion and analysis should be read in conjunction with our historical financial statements and the related notes. The management's discussion and analysis contains forward-looking statements that involve risks and uncertainties, such as statements of our plans, objectives, expectations and intentions. Any statements that are not statements of historical fact are forward-looking statements. When used, the words "believe," "plan," "intend," "anticipate," "target," "estimate," "expect" and the like, and/or future tense or conditional constructions ("will," "may," "could," "should," etc.), or similar expressions, identify certain of these forward-looking statements. These forward-looking statements are subject to risks and uncertainties that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements in this Report. The Company's actual results and the timing of events could differ materially from those anticipated in these forward-looking statements as a result of several factors. The Company does not undertake any obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this Report.

The discussion and analysis of our financial condition and results of operations are based on our consolidated financial statements, which we have prepared in accordance with U.S. generally accepted accounting principles. The preparation of these financial statements requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements, as well as the reported revenues and expenses during the reporting periods. On an ongoing basis, we evaluate such estimates and judgments, including those described in greater detail below. We base our estimates on historical experience and on various other factors that we believe are reasonable under the circumstances, the results of which form the basis for making judgments about the carrying value of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions.

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Overview

Acquisition of Global Fantasy Sports, Inc.

On May 26, 2016, (the "Closing Date") the Company and GFSI a privately held company, entered into an Amended and Restated Stock Purchase and Reorganization Agreement (the "Acquisition Agreement"). Under the terms of the GFSI Acquisition Agreement, the then-existing stockholders of GFSI exchanged all of their shares of common stock for newly issued common shares of the Company (the "Share Exchange") for a total of 27,000,000 newly issued shares of the Company's common stock. Global Fantasy Sports, Inc. incurred $327,000 of acquisition costs with respect to the Merger Agreement.

The GFSI Acquisition together with the earlier January 2016 purchase of 30,000,000 newly issues shares of the Company's common stock resulted in the former owners of Global Fantasy Sports, Inc. owning approximately 95.0% of Satya Worldwide, Inc.'s common stock as of the closing date. The GFSI Acquisition has been treated as a reverse merger and recapitalization of GFSI for financial accounting purposes and the Company will continue the existing business operations of GFSI as a wholly-owned subsidiary. The historical financial statements presented in these financial statements are those of Global Fantasy Sports, Inc. and Global Fantasy Sports, Ltd., both of which were under common control prior to the asset sale disclosed below, and of the consolidated entities from the date of GFSI Acquisition forward. As a result of this transaction, the equity sections of Global Fantasy Sports, Inc. for all prior periods presented reflect the recapitalization described above and are consistent with the December 31, 2016 consolidated balance sheets presented for the Company.

Global Fantasy Sports, Inc. was incorporated on March 26, 2012 under the laws of the State of Florida for the sole purpose of acquiring certain intellectual property and a subsidiary of Global Fantasy Sports, Ltd., a foreign entity organized in Gibraltar under their laws. The principal activity of Global Fantasy Sports, Ltd. is the development of software relating to fantasy sports games and entertainment products. Under a sale agreement dated March 14, 2016, Global Fantasy Sports, Ltd. sold all its rights to its intellectual property relating to its fantasy games software and its ownership of How Far Games LLC to Global Fantasy Sports Inc. in exchange for 14,000,000 shares of Global Fantasy Sports, Inc. The assets and liabilities transferred to Global Fantasy Sports, Inc. relate to interests under common control and were recorded at historical cost and the operations were consolidated as if the asset sale had occurred as of the beginning of the earliest period presented in our consolidated financial statements.

The Company's offices is at 420 Lexington Avenue; Suite 2320, New York NY 10170.

Formation of Subsidiaries

On November 2, 2016, the Company formed Global Fantasy Sports (Gibraltar) Limited ("GFSL"), a wholly-owned foreign subsidiary organized under Gibraltar law. GFSL was formed to undertake future business to business ("B2B") opportunities.

Results of Operations for the Year Ended December 31, 2017, and 2016

The following table sets forth the summary income statement for the year ended December 30, 2017 and 2016:

For the Year Ended
	December 31, 2017			December 31, 2016

Revenues	$	-		$	–
Operating expenses	$	(940,694	)	$	(2,271,009	)
Other income (expense), net	$	(407,469	)	$	(155,187
Net loss	$	(1,348,163	)	$	(2,426,196	)

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Revenues. For the year ended December 31, 2017, and 2016, revenues were no revenues.

Operating Expenses: Operating expenses consist primarily of compensation and related costs for personnel, facilities, information technology, professional services and research and development. Professional services are comprised of outside legal, audit, information technology consulting, marketing, investor relations and outsourcing services.

Operating expenses decreased by $1,333,315 during the year ended December 31, 2017, as compared to the year ended December 31, 2016. The increase is primarily attributed to the following approximate net increases (decreases):

	·	A decrease of general and administrative expense of $192,378 due to acquisition fees resulting from the Merger in 2016, consulting fees related to business development, financial advisory services, investor relations and audit and legal fees related to public company filing requirements.

	·	During the year ended December 31, 2017, and 2016, the Company incurred Research and Development ("R&D") expense of $194,789 and $328,347, respectively. R&D expenses consist primarily of payments to our subsidiary and third parties for the development of software to be sold and/or leased to the general public. During the prior comparable year the Company did not incur any such costs. We expense R&D costs for the development of software to be sold to the general public as incurred until such time that technological feasibility of our product has been established. Typically, technological feasibility of our products occurs at the time our products are brought to market.
	·	During the year ended December 31, 2016, the Company reviewed intangible assets for impairment and recognized an impairment charge of $990,592. The Company's intangible assets consisted of internally developed software relating to fantasy sports games. Prior to 2016, the Company developed several fantasy sports games for desktop and mobile applications for the US market. The development and launch of a portal to run the games was postponed indefinitely during the summer of 2016, due to the regulatory environment in the US related to fantasy sports. The Company shifted its focus and directed resources to partnering and developing games for the business to business market and the intangible assets were deemed to be impaired.
	·	During the year ended December 31, 2016, the Company abandoned property and equipment and recognized a loss on abandonment charge of $14,652. During the 2017 comparable year the Company did not incur any such costs.

Other expenses: Other expense consists primarily of interest expense related to the Company's short term loan and the impact of foreign currency due to movement of the Ukrainian Hryvnia against the US dollar.

Interest expense - decreased by $3,997 to $147,907 during the year ended December 31, 2017, as compared to $151,904 during the year ended December 31, 2016.

Liquidity and Capital Resources

The following table summarizes total current assets, liabilities and working capital at December 31, 2017 compared to December 31, 2016:

	December 31, 2017			December 31, 2016			Increase/ (Decrease)

Current Assets	$	13,512		$	118,059		$	(104,547	)
Current Liabilities	$	691,926		$	1,408,546		$	(716,620	)
Working Capital Deficit	$	(678,414	)	$	(1,290,487	)	$	612,073

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Since our inception, we have incurred significant operating and net losses. We have relied primarily on the sale of our equity securities, shareholder loans, and our short-term loan, to fund our operations. At December 31, 2017, we had working capital deficit of $678,414 and shareholders' deficit of $674,516. At December 31, 2016, we had working capital deficit of $1,290,487 and shareholders' deficit of $1,288,828. Our consolidated cash balance at December 31, 2017, was $13,512, as compared to $118,059 at December 31, 2016.

Summary Cash flows for the year ended December 31, 2017 and 2016:

	Year Ended
	December 31, 2017			December 31, 2016

Net cash used in operating activities	$	(548,766	)	$	(993,424	)
Net cash used in investing activities	$	-		$	-
Net cash provided by financing activities	$	449,325		$	725,677

Future Liquidity Needs:

The accompanying condensed consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. As of December 31, 2017, the Company had incurred significant operating losses since inception and continues to generate losses from operations and has an accumulated deficit of $4,684,994. These matters raise substantial doubt about the Company's ability to continue as a going concern. The consolidated financial statements do not include any adjustments relating to the recoverability and classification of asset amounts or the classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

Our ability to continue as a going concern is dependent upon our ability to generate profitable business operations in the future and/or obtaining the necessary financing to meet our obligations and repay our liabilities. To date, we have operated at a loss and remained in business through the issuance of shares of our common stock and entering into a short term loan facility. Management's plan to continue as a going concern is based on us obtaining additional capital resources through the sale of our securities and/or loans on an as needed basis. The ability of the Company to continue as a going concern is dependent upon its ability to successfully accomplish the plans described above and eventually attaining profitable operations.

There can be no assurance that sufficient financing will be obtained. Further, we cannot give any assurance that we will generate substantial revenues or that our business operations will prove to be profitable. To the extent that the Company is unsuccessful, the Company may need to curtail or cease its operations and implement a plan to extend payables or reduce overhead until sufficient additional capital is raised to support further operations

During the year ended December 31, 2017, the Company sold 888,528 newly issued shares of common stock to four investors for total proceeds of $399,325. The shares are yet to be issued to the investors.

Critical accounting policies and estimates

Our financial statements and accompanying notes have been prepared in accordance with United States generally accepted accounting principles applied on a consistent basis. 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, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from these estimates. Our significant estimates and assumptions include amortization, the fair value of our stock, and the valuation allowance relating to the Company's deferred tax assets.

We qualify as an "emerging growth company", as defined in the Jumpstart Our Business Startups Act, which became law in April 2012. See "Summary of Financial Data" for additional information.

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Recently issued accounting pronouncements

Reference is made to the "Recent Accounting Pronouncements" in Note 1 and Note 3 to our audited consolidated financial statements included elsewhere in this report for information related to new accounting pronouncements, none of which had a material impact on our consolidated financial statements.

Off Balance Sheet Arrangements

As of December 31, 2017, and December 31, 2016, we had no off balance sheet arrangements.

Item 7A. Quantitative and Qualitative Disclosures about Market Risk.

Not applicable to smaller reporting companies.

Item 8. Financial Statements and Supplementary Data.

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REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Shareholders and Board of Directors of

Satya Worldwide, Inc.

Opinion on the Financial Statements

We have audited the accompanying consolidated balance sheets of Satya Worldwide, Inc. and its subsidiaries (collectively, the "Company") as of December 31, 2017 and 2016, and the related consolidated statements of operations, stockholders' deficit, and cash flows for the years then ended, and the related notes (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2017 and 2016, and the results of their operations and their cash flows for the years then ended, in conformity with accounting principles generally accepted in the United States of America.

Going Concern Matter

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 2 to the financial statements, the Company has suffered recurring losses from operations and has a net capital deficiency that raises substantial doubt about its ability to continue as a going concern. Management's plans in regard to these matters are also described in Note 2. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

Basis for Opinion

These financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on the Company's financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) ("PCAOB") and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audit in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audit we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Company's internal control over financial reporting. Accordingly, we express no such opinion.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audit also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audit provides a reasonable basis for our opinion.

/s/ MaloneBailey, LLP

MaloneBailey, LLP

www.malonebailey.com

We have served as the Company's auditor since 2016.

Houston, Texas

October 1, 2018

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SATYA WORLDWIDE, INC.
CONSOLIDATED BALANCE SHEETS

	December 31,			December 31,
	2017			2016
ASSETS
Current assets
Cash and cash equivalents	$	13,512		$	118,059
Total current assets		13,512			118,059

Property and equipment, net		1,998			349
Other assets		1,900			1,310

Total assets	$	17,410		$	119,718

LIABILITIES AND STOCKHOLDERS' DEFICIT
Current liabilities
Accounts payable and accrued liabilities	$	341,618		$	86,613
Short term note, net of discount of $1,183,645 and $0, respectively		265,087			1,321,148
Loan payable		50,700
Loan payable - related party		785			785
Deferred revenue		33,736			-
Total current liabilities		691,926			1,408,546

Total liabilities		691,926			1,408,546

Commitments and contingencies

Stockholders' equity
Preferred stock par value $0.001: 20,000,000 authorized; no shares issued or outstanding as of December 31, 2017 and 2016		-			-
Common stock par value $0.0001: 280,000,000 shares authorized; 62,693,346 and 61,054,818 shares issued and outstanding as of December 31, 2017 and 2016, respectively		6,269			6,105
Additional paid in capital		3,985,544			2,025,151
Accumulated other comprehensive income		18,665			16,747
Accumulated deficit		(4,684,994	)		(3,336,831	)
Total stockholders' deficit		(674,516	)		(1,288,828	)

Total liabilities and stockholders' deficit	$	17,410		$	119,718



See the accompanying notes to these consolidated financial statements

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SATYA WORLDWIDE, INC.
CONSOLIDATED STATEMENTS OF OPERATIONS

	For the Year Ended December 31,
	2017			2016

Revenue
Sales	$	-		$	-

Operating expenses
General and administrative		744,745			937,123
Research & development		194,789			328,347
Depreciation and amortization		1,160			295
Loss on abandonment of property and equipment		-			14,652
Loss on impairment of intangible assets		-			990,592
Total operating expenses		940,694			2,271,009

Net loss from operations		(940,694	)		(2,271,009	)

Other income (expense), net
Interest, net		(412,994	)		(151,904	)
Foreign currency exchange gain/(loss)		5,525			(3,283	)

Total other income (expense), net		(407,469	)		(155,187	)

Net loss before income taxes		(1,348,163	)		(2,426,196	)

Provision for income taxes		-			-

Net loss	$	(1,348,163	)	$	(2,426,196	)

Other comprehensive income

Currency translation loss		1,918			1,084

Comprehensive loss	$	(1,346,245	)	$	(2,425,112	)

Net loss per common share, basic and diluted	$	(0.02	)	$	(0.04	)

Weighted average common shares outstanding, basic and diluted		62,486,857			59,139,654



See the accompanying notes to these consolidated financial statements

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SATYA WORLDWIDE, INC.
CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIT)
FOR THE YEARS ENDED DECEMBER 31, 2017 AND 2016

					Additional
	Common stock				Paid in			Accumulated			Other Comprehensive
	Shares		Amount		Capital			Deficit			Income		Total

Balance, December 31, 2015		57,000,000	$	5,700	$	1,507,350			(910,635	)	$	15,663	$	618,078

Recapitalization		3,000,000		300		(300	)							-
Stock issued for cash		1,054,818		105		518,101								518,206
Foreign currency translation adjustments												1,084		1,084
Net loss									(2,426,196	)				(2,426,196	)

Balance, December 31, 2016		61,054,818		6,105		2,025,151			(3,336,831	)		16,747		(1,288,828	)

Stock issued for cash		888,528		89		399,236								399,325
Beneficial conversion feature						1,448,732								1,448,732
Stock issued for services		750,000		75		112,425								112,500
Foreign currency translation adjustments												1,918		1,918
Net loss									(1,348,163	)				(1,348,163	)

Balance, December 31, 2017		62,693,346	$	6,269	$	3,985,544			(4,684,994	)	$	18,665	$	(674,516	)




See the accompanying notes to these consolidated financial statements

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SATYA WORLDWIDE, INC.
CONSOLIDATED STATEMENTS OF CASH FLOWS

	For the Year Ended December 31,
	2017			2016

CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$	(1,348,163	)	$	(2,426,196	)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation		1,160			295
Loss on impairment of intangible assets		-			990,592
Loss on abandonment of property and equipment		-			14,652
Amortization of debt discount		265,087			-
Direct payment of expenses through short term note - related party		31,286			338,940
Stock issued for services		112,500			-
Changes in operating assets and liabilities:
Other assets		(565	)		1,876
Accounts payable and accrued expenses		356,193			86,417
Deferred revenue		33,736			-
Net cash used in operating activities		(548,766	)		(993,424	)

CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from short term note - related party		-			206,686
Proceeds from loan payable - related party		-			10,780
Repayment of loan payable - related party		-			(9,995	)
Shares issued for cash		399,325			518,206
Proceeds from loan payable		50,000			-
Net cash provided by financing activities		449,325			725,677

Effect of exchange rate changes on cash		(5,106	)		(3,985	)

Decrease in cash and cash equivalents		(104,547	)		(271,732	)
Cash and cash equivalents, beginning of year		118,059			389,791

Cash and cash equivalents, end of year	$	13,512		$	118,059

Supplemental disclosures of cash flow information:
Cash paid during the year for:
Interest	$	(109,379	)	$	128,089
Taxes	$	-		$	-

Non cash investing and financing activities:
Debt discount - beneficial conversion feature	$	1,448,732		$	-



See the accompanying notes to these consolidated financial statements

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SATYA WORLDWIDE, INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

Note 1. Organization and Operations

Acquisition of Global Fantasy Sports, Inc.

The Company's office is located at 420 Lexington Avenue; Suite 2320, New York, NY 10170

Formation of Subsidiaries

On November 2, 2016, the Company formed Global Fantasy Sports (Gibraltar) Limited ("GFSL."), a wholly-owned foreign subsidiary organized in Gibraltar. GFSL was formed to undertake future business to business ("B2B") opportunities.

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Note 2. Going Concern

The accompanying consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. As of December 31, 2017, the Company had incurred significant operating losses since inception and continues to generate losses from operations and has an accumulated deficit of $4,684,994. These matters raise substantial doubt about the Company's ability to continue as a going concern. The consolidated financial statements do not include any adjustments relating to the recoverability and classification of asset amounts or the classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

Management's Plan to Continue as a Going Concern

Our ability to continue as a going concern is dependent upon our ability to generate profitable business operations in the future and/or obtaining the necessary financing to meet our obligations and repay our accrued liabilities. To date, we have operated at a loss and remained in business through the issuance of shares of our common stock and entering into a short-term loan facility. Management's plan to continue as a going concern is based on us obtaining additional capital resources through the sale of our securities and/or loans on an as needed basis. The ability of the Company to continue as a going concern is dependent upon its ability to successfully accomplish the plans described above and eventually attaining profitable operations.

In addition to the normal risks associated with a new business venture, there can be no assurance that the Company's business plan will be successfully executed. Our ability to execute our business plan will depend on our ability to obtain additional financing and achieve a profitable level of operations. There can be no assurance that sufficient financing will be obtained. Further, we cannot give any assurance that we will generate substantial revenues or that our business operations will prove to be profitable. To the extent that the Company is unsuccessful, the Company may need to curtail or cease its operations and implement a plan to extend payables or reduce overhead until sufficient additional capital is raised to support further operations.

During the year ended December 31, 2017, the Company sold 888,528 newly shares of common stock to four investors for total proceeds of $399,325.

Note 3. Summary of Significant Accounting Policies

Basis of Presentation

The accompanying consolidated financial statements and related notes have been prepared in accordance with U.S. GAAP.

Principles of Consolidation

The consolidated financial statements include the accounts of Satya Worldwide, Inc. and its subsidiaries. All intercompany accounts, transactions and profits have been eliminated.

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosure of contingent liabilities at the date of the financial statements, and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Cash and Cash Equivalents

The Company considers all highly liquid investments with maturities of three months or less at the time of purchase to be cash equivalents.

Concentration of Credit Risk

The Company maintains cash balances at several financial institutions located predominantly in the United States, as well as in Gibraltar and the Ukraine. The Company's policy is to maintain its cash with high credit quality institutions to limit loss exposure. Such deposits may, at times, exceed federally insured limits. Cash in foreign bank accounts is not insured. Uninsured balances in the aggregate were approximately $400 and $13,000 at December 31, 2017 and 2016, respectively. The Company has not experienced any losses in such accounts and management believes it is not exposed to any significant credit risk on cash and cash equivalents.

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Intangible Assets

Intangible assets represent the costs incurred by GFSL and its subsidiary in the development of the fantasy games software. Software costs will be amortized on a straight-line basis once they have been commercialized over a period of seven years. These costs are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. See Note 5.

Property and Equipment

Property and equipment is stated at cost. Depreciation is calculated over the estimated useful lives of four years.

Impairment of Long-Lived Assets

At the end of each reporting period, the Company's assets are reviewed to determine whether there is any indication that those assets may be impaired. If such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment, if any. The recoverable amount is the higher of fair value less costs to sell and value in use. Fair value is determined as the amount that would be obtained from the sale of the asset in an arm's length transaction between knowledgeable and willing parties. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset. If the recoverable amount of an asset is estimated to be less than its carrying amount, the carrying amount of the asset is reduced to its recoverable amount and the impairment loss is recognized in the profit or loss for the period. For an asset that does not generate largely independent cash inflows, the recoverable amount is determined for the cash generating unit to which the asset belongs.

Research and Development Costs

Research and development expenses include fees paid to outside consultants and contractors for the Company's research and development activities. The Company recognizes such costs as expense when they are incurred. Research and development expenses for the year ended December 31, 2017, and 2016 were $194,789 and $328,347, respectively.

Foreign Currency Translation

We use the U.S. Dollar as the reporting currency for our financial statements. Functional currency is the currency of the primary economic environment in which an entity operates. The functional currency of Global Fantasy Sports Limited is the British pound; and the functional currency of How Far Games is Ukrainian Hryvnia, UAH, the currency of Ukraine.

Transactions in currencies other than the functional currency of a specific entity are recorded at exchange rates prevailing on the dates of the transactions. At the end of each reporting period, the monetary assets and liabilities of the entity denominated in foreign currencies are translated at the rate of exchange at the financial reporting date while non-monetary assets and liabilities are translated at historical rates. Revenues and expenses are translated at the exchange rates approximating those in effect on the date of the transactions. Exchange gains and losses arising on translation are included in the statements of profit or loss.

The financial statements of entities that have a functional currency different from that of the Companies ("foreign operations") are translated into United States dollars as follows: assets and liabilities – at the closing rate at the date of the statement of financial position, and income and expenses – at the average rate of the period (as this is considered a reasonable approximation to actual rates). All resulting changes are recognized in other comprehensive income as currency translation differences and taken into a separate component of equity.

Comprehensive Loss

Comprehensive loss consists of two components, net loss and other comprehensive income (loss). Other comprehensive income (loss) refers to revenue, expenses, gains, and losses that are recorded as an element of stockholders' equity but are excluded from net income. Other comprehensive income (loss) consists of foreign currency translation adjustments from those entities not using the US Dollar as their functional currency.

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Income Taxes

Deferred tax assets and liabilities are determined on the basis of the difference between the tax basis of assets and liabilities and their respective financial reporting amounts ("temporary differences") at enacted tax rates in effect for the years in which the temporary differences are expected to reverse. The Company recognizes deferred tax assets and liabilities for the expected future tax consequences of these differences that have been included or excluded in the financial statements or tax returns.

The Company follows a recognition threshold and measurement process for consolidated financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. The guidance also prescribes direction on the recognition, classification, interest and penalties in interim periods, disclosure and transition.

The Company classifies interest expense and any related penalties, if any, related to income tax uncertainties as a component of income tax expense. No interest or penalties have been recognized as of December 31, 2017 and 2016.

Management has evaluated and concluded that there were no material uncertain tax positions requiring recognition in the Company's financial statements for the years ended December 31, 2017 and 2016. The Company does not expect any significant changes in the unrecognized tax benefits within twelve months of the reporting date.

Revenue Recognition

The Company recognizes revenue on arrangements in accordance with FASB ASC Topic 605, Revenue Recognition. In all cases, revenue is recognized only when the price is fixed and determinable, persuasive evidence of an arrangement exists, the service is performed and collectability of the resulting receivable is reasonably assured. The Company recognizes revenue when there is persuasive evidence of an arrangement, services have been performed, the sales price is fixed or determinable and collectability is reasonably assured. Income that relates to the licensing of technologies or technological expertise is recognized in profit or loss as of the effective date of the respective agreement if all rights relating to the technologies and all obligations resulting from them have been transferred under the contract terms. However, if rights to the technologies continue to exist or obligations resulting from them have yet to be fulfilled, the payments received are deferred accordingly

Share-Based Compensation

Share-based compensation is accounted for based on the requirements of ASC 718, "Compensation – Stock Compensation' ("ASC 718") which requires recognition in the financial statements of the cost of employee and director services received in exchange for an award of equity instruments over the period the employee or director is required to perform the services in exchange for the award (presumptively, the vesting period). ASC 718 also requires measurement of the cost of employee and director services received in exchange for an award based on the grant-date fair value of the award. Pursuant to ASC 505, "Equity – Equity Based Payments to Non-Employees" ("ASC 505-50"), for share-based payments to consultants and other third-parties, compensation expense is determined at the measurement date which is the grant date. Until the measurement date is reached, the total amount of compensation expense remains uncertain.

Beneficial conversion feature

The Company accounts for convertible notes payable in accordance with guidelines established by the FASB ASC Topic 470-20, "Debt with Conversion and Other Options". The beneficial conversion feature of a convertible note is normally characterized as the convertible portion or feature of certain notes payable that provide a rate of conversion that is below market value or in-the-money when issued. The Company records a beneficial conversion feature related to the issuance of a convertible note when issued. The beneficial conversion features that are contingent upon the occurrence of a future event are recorded when the contingency is resolved.

The beneficial conversion feature of a convertible note is measured by first allocating a portion of the note's proceeds to any warrants, if applicable, as a discount on the carrying amount of the convertible on a relative fair value basis. The discounted face value is then used to measure the effective conversion price of the note. The effective conversion price and the market price of the Company's common stock are used to calculate the intrinsic value of the conversion feature. The intrinsic value is recorded in the financial statements as a debt discount from the face amount of the note and such discount is amortized over the expected term of the convertible note (or to the conversion date of the note, if sooner) and is charged to accretion of debt discount on the Company's consolidated statement of operations and comprehensive loss.

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Related Parties

Transactions involving related parties cannot be presumed to be carried out on an arm's-length basis, as the requisite conditions of competitive, free-market dealings may not exist. Representations about transactions with related parties, if made, shall not imply that the related party transactions were consummated on terms equivalent to those that prevail in arm's-length transactions unless such representations can be substantiated.

Recently Issued Accounting Pronouncements

During May 2014, the FASB issued ASU No. 2014-09, "Revenue from Contracts with Customers" ("ASU 2014-09"), which requires entities to recognize revenue in a way that depicts the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled to in exchange for those goods or services. The new guidance 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 July 2015, the FASB voted to delay the effective date of ASU 2014-09 by one year to the first quarter of 2018 to provide companies sufficient time to implement the standards. Early Adoption will be permitted, but not before the first quarter of 2017. Adoption can occur using one of two prescribed transition methods. The adoption of ASU 2014-09 is not expected to have a material impact on our consolidated financial position, results of operations or cash flows.

On February 25, 2016, the FASB issued Accounting Standards Update No. 2016-02 – Leases (Topic 842), which requires lessees to recognize almost all leases on their balance sheet as a right-of-use asset and a lease liability. For income statement purposes, the FASB retained a dual model, requiring leases to be classified as either operating or finance. Classification will be based on criteria that are largely similar to those applied in current lease accounting. ASU 2016-02 is effective retrospectively for fiscal years beginning after December 15, 2019 and early adoption is permitted. The guidance in ASU 2016-02 supersedes Topic 840, Leases. Management is currently evaluating this guidance and does not expect this guidance to have a material impact on our Consolidated Financial Statements.

Note 4. Property and Equipment

Property and equipment stated at cost, less accumulated depreciation and amortization, consisted of the following:

	December 31,			December 31,
Cost:	2017			2016

Furniture & equipment	$	5,293		$	2,744
Accumulated depreciation	$	(3,295	)	$	(2,395	)
Property & equipment, net	$	1,998		$	349

Depreciation expense was $1,160 and $295 for the year ended December 31, 2017 and 2016, respectively.

During the year ended December 31, 2016, the Company abandoned property and equipment and recognized a loss on abandonment charge of $14,652.

Note 5. Intangible Assets

	December 31,		December 31,
	2017		2016

Capitalized software cost	$	-	$	990,592
Less: accumulated amortization		-		-
Less: impairment		-		(990,592	)
	$	-	$	-

For the year ended December 31, 2016, the Company recorded an impairment charge against intangible assets of $990,592. The Company's intangible assets consisted of internally developed software relating to fantasy sports games. Prior to 2016, the Company developed several fantasy sports games for desktop and mobile applications for the US market. The development and launch of a portal to run the games was postponed indefinitely during the summer of 2016, due to the regulatory environment in the US related to fantasy sports. The Company shifted its focus and directed resources to partnering and developing games for the business to business market and the intangible assets were deemed to be impaired.

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Note 6. Short Term Loan

In November 2015, GFSI entered into a Line of Credit Agreement with a third-party funding provider for a loan facility. The facility limit is $1.2 million and was due on May 31, 2016. All drawdowns were subject to an initial fee of 2.5% and interest is charged monthly at the rate of 1%.

During the year ended December 31, 2016, the company received proceeds of $206,686, operating expenses of the company in the amount of $338,940 were paid directly though the short term loan, fees related to the funding were $30,920, total interest accrued amounted to $148,506 and repayments of accrued interest and fees amounted to $128,089. The total outstanding balance on the loan as of December 31, 2016, and December 31, 2015 was $1,321,148 and $724,185, respectively, including accrued interest and fees. Prior to January 1, 2016, the short term loan was not considered a related party liability in the accompanying consolidated balance sheets. The loan is secured by all of the Company's intellectual property.During the year ended December 31, 2017, operating expenses of the Company in the amount of $31,286 were paid directly though the short term loan, fees related to the funding were $8,000, total interest accrued amounted to $147,207 and repayments of accrued interest and fees amounted to $50,909. The total outstanding balance on the loan as of December 31, 2017, and December 31, 2016 was $1,448,732 and $1,321,148, respectively, including accrued interest and fees. The lender was considered as related party during 2016 (see the Company's Form 10 filing for the year ended December 31, 2016) but was not deemed a related party for calender year 2017. The loan is secured by all of the Company's intellectual property. As of date of this filing, there was no remaining amounts available under the loan facility.

On June 30, 2016, the Company and the loan facility lender executed an Extension to Terms of Loan, Line of Credit Agreement Dated November 16, 2016, whereby extending the maturity date of the agreement from May 31, 2016, to June 30, 2017. All other terms and conditions of the Line of Credit Agreement remained unchanged. In November 2017, the Company amended the loan to allow for conversion of the debt into shares of the Company's common stock, at the Lender's option, at a conversion price of $0.10 per share. The sum of $1,448,732 was recognized by the Company as BCF (beneficial conversion feature). In addition, the Company recognized amortization expense in the amount of $265,087 and debt discount as of December 31, 2017 in the amount of $1,183,645.

Also in November 2017, the Company received a notice of conversion from the lender for $600,000 of loan principal into 6,000,000 shares of the Company's common stock at the conversion price of $0.10. As of December 31, 2017, the Company had yet to enact such conversion.

On November 19, 2017, the company entered into a promissory note with a third party. The promissory note was for the amount of $50,000 and accrues 1% interest per month and is due on February 28, 2018. As of December 31, 2017, the note has accrued $700 in interest.

Note 7. Loan Payable– Related Party

On August 19, 2016, a related party advanced the amount of $10,780 to the Company. The Company's CEO is the sole director and shareholder of the related party. The proceeds from the non-interest bearing advance were used for general operating expenses. The balance due on the advance as of the date of this filing was $785. The Company did not impute interest on the loan as it was deemed to be de minimis to the consolidated financial statements.

Note 8. Stockholders' Deficit

Sale of common stock

During the year ended December 31, 2016, the Company entered into stock purchase agreements with nine investors providing for the purchase of an aggregate of 1,054,818 newly issued shares of the Company's common stock for an aggregate purchase price of $518,206.

During the year ended December 31, 2017, the Company entered into stock purchase agreements with four investors providing for the issuance and sale of an aggregate of 888,528 newly issued shares of the Company's common stock for an aggregate purchase price of $399,325. As of December 31, 2017, the Company had yet to issue such shares.

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Common stock issued for services

During the year ended December 31, 2017, the Company agreed to issue 750,000 shares of the Company's common stock to employees for services. In connection which such shares, stock based compensation of $112,500 was recorded. These shares are yet to be issued by the Company.

Note 9. Related Party Transactions

On March 14, 2016, Global Fantasy Sports, Ltd., a related party, sold all of its rights to its intellectual property relating to its fantasy games software and its ownership of How Far Games LLC, a related party, to Global Fantasy Sports Inc. in exchange for 14,000,000 newly shares of Global Fantasy Sports, Inc. In May 2016, Global Fantasy Sports, Inc. became our wholly-owned subsidiary. The assets and liabilities transferred to Global Fantasy Sports, Inc. relate to interests under common control and were recorded at historical cost. Ian Rosenblatt, our CEO and Chairman controlled Global Fantasy Sports Inc. and Global Fantasy Sports, Ltd. at the time of the asset sale. Below is a summary of the assets that were transferred at historical cost.

Intellectual property	$	990,591
Property and equipment	$	29,882
Other assets	$	1,308

Note 10. Income Taxes

Loss from operations before income taxes was allocated between the U.S. and foreign components for the years ended December 31, 2017 and 2016 as follows:

	For years ended December 31,
	2017				2016

United States		$	(1.333,277	)		$	(2,410,481	)
Foreign		$	(14,886	)		$	(15,715	)
		$	(1.348,163	)		$	(2,426,196	)

As of December 31, 2017 and 2016, the Company had foreign Net Operating Loss ("NOL") carry forwards of approximately $743,000 and $728,000 respectively, which have indefinite lives. As of December 31, 2017 and 2016, the Company had U.S. Net Operating Loss ("NOL") carry forwards of approximately $3.9 million and $2.7 million, which will begin to expire beginning in 2036. A deferred tax has been established for these NOL carry forward's but have been offset by a full valuation allowance. In accordance with Section 382 of the Internal Revenue Code, deductibility of the Company's U.S. net operating carryovers may be subject to an annual limitation in the event of a change of control as defined in the regulations.

Note 11. Subsequent Events

In November 2017, the lender of our Line of Credit Facility provided the Company with a notice of conversion to convert $600,000 of the principal amount of the loan into 6,000,000 newly issued shares of the Company's common stock at a conversion price of $0.10. As the shares were not issued by the Company as of December 31, 2017 and the date of this Report on Form 10-K, the conversion has not been recognized and the debt has not been reduced.

On April 13, 2018, the Company issued a Promissory Note (the "Note') in principal amount of £20,000 GBP to an accredited investor in a private placement. The Note bears interest at a rate of 1% per month and matures on June 30, 2018 unless the maturity date is extended in writing by the parties. The Company received proceeds from the Note of $27,658. The Note as of the date of this Report on Form 10-K has not been repaid. As part of the transaction, the Company agreed to issue to the investor 280,000 newly issued shares of the Company's common stock. The relative fair value of the common stock issued will be recorded as an original issue discount and will be accreted over the life of the note to interest expense. As of December 31, 2017 and the date of this Report on Form 10-K, the Company had yet to issue such shares.

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On April 30, 2018, the Company issued a convertible Promissory Note (the "Note") in principal amount of £20,000 GBP to an accredited investor in a private placement. The convertible note bears interest at a rate of 1% per month, is convertible at a price equal to $0.10 per share and matures on July 31, 2018 unless the maturity date is extended in writing by the parties. The conversion price will be adjusted for stock splits, stock dividends and the like. The Company received proceeds from the Note of $26,500. The Note as of the date of this Report on Form 10-K has not been repaid.

As part of the transaction, the Company also agreed to issue the lender a total of 280,000 shares of the Company's common stock. The relative fair value of the common stock issued will be recorded as an original issue discount and will be accreted over the life of the convertible note to interest expense. As of December 31, 2017 and the date of this Report on Form 10-K, the Company had yet to issue such shares.

In July 2018, the lender of our Line of Credit Facility provided the Company with a notice of conversion to convert the remaining balance $899,432 into 8,994,320 shares of the Company's common stock with a conversion price of $0.10. As the shares have not been issued as of the date of this Report on Form 10-K, the conversion has not been recognized and the debt has not been reduced.

On June 11, 2018, the Company issued a Promissory Note (the "Note') in principal amount of £15,000 GBP to an accredited investor in a private placement. The Note bears interest at a rate of 1% per month and matures on September 30, 2018 unless the maturity date is extended in writing by the parties. The Company received proceeds from the note of $19,875. As part of the transaction, the Company agreed to issue to the investor 200,280 newly issued shares of the Company's common stock. As of December 31, 2017 and the date of this Report on Form 10-K, the Company had yet to issue such shares. The relative fair value of the common stock issued will be recorded as an original issue discount and will be accreted over the life of the note to interest expense.

On June 30, 2018, the Company issued a Promissory Note (the "Note') in principal amount of £20,000 GBP to an accredited investor in a private placement. The Note bears interest at a rate of 1% per month and matures on June 30, 2018 unless the maturity date is extended in writing by the parties. The Company received proceeds from the note of $26,500. As part of the transaction, the Company agreed to issue to the investor 390,600 newly issued shares of the Company's common stock. As of December 31, 2017 and the date of this Report on Form 10-K, the Company had yet to issue such shares. The relative fair value of the common stock issued will be recorded as an original issue discount and will be accreted over the life of the note to interest expense.

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Item 9. Changes In and Disagreements with Accountants on Accounting and Financial Disclosure.

On July 15, 2016, we engaged Friedman, LLP, as the Company's independent registered public accounting firm to replace MaloneBailey, LLP ("MaloneBailey") who was terminated on the same day. MaloneBailey became the Company's independent registered public accounting firm in 2014.

During the two most recent fiscal years, there were (i) no disagreements between the Company and MaloneBailey on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures, which disagreement, if not resolved to the satisfaction of MaloneBailey would have caused MaloneBailey to make reference thereto in their reports on the consolidated financial statements for such years, and (ii) no "reportable events" as that term is defined in Item 304(a)(1)(v) of Regulation S-K.

On December 21, 2016, we engaged MaloneBailey, LLP ("MaloneBailey") as the Company's independent registered public accounting firm to replace Friedman, LLP ("Friedman") who resigned as the Company's independent registered public accounting. Friedman became the Company's independent registered public accounting firm on July 15, 2016.

During the two most recent fiscal years, there were (i) no disagreements between the Company and Friedman on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures, which disagreement, if not resolved to the satisfaction of Friedman would have caused Friedman to make reference thereto in their reports on the consolidated financial statements for such years, and (ii) no "reportable events" as that term is defined in Item 304(a)(1)(v) of Regulation S-K.

Item 9A. Controls and Procedures.

We maintain disclosure controls and procedures that are designed to ensure that the information required to be disclosed in the reports that we file under the Securities Exchange Act of 1934 (the "Exchange Act") 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 Chief Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions regarding required disclosures. In designing and evaluating the disclosure controls and procedures, management recognized that any controls and procedures, no matter how well designed and operated, can only provide reasonable assurance of achieving the desired control objectives, and in reaching a reasonable level of assurance, management necessarily was required to apply its judgment in evaluating the cost-benefit relationship of possible controls and procedures.

As required by SEC Rule 13a-15(b), we carried out an evaluation, under the supervision and with the participation of our management, including our Chief Executive Officer and Chief Financial Officer, of the effectiveness of the design and operation of our disclosure controls and procedures as of the end of our fourth fiscal quarter covered by this report. Based on the foregoing, our Chief Executive Officer and Chief Financial Officer concluded that our disclosure controls and procedures were not effective at the reasonable assurance level. It should be noted that the design of any system of controls is based in part upon certain assumptions about the likelihood of future events, and there can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions, regardless of how remote.

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MANAGEMENT'S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING

Our management is responsible for establishing and maintaining adequate internal control over financial reporting. Internal control over financial reporting is defined in Rule 13a-15(f) or 15d-15(f) promulgated under the Securities Exchange Act of 1934 as a process designed by, or under the supervision of, the Company's principal executive and financial officers and effected by the Company's board of directors, management and other personnel, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles and includes those policies and procedures that:

•	Pertain to the maintenance of records that in reasonable detail accurately and fairly reflect the transactions and dispositions of the assets of the Company;

•	Provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the Company are being made only in accordance with authorizations of management and directors of the Company; and

•	Provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of the Company's assets that could have a material effect on the financial statements.

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

As of December 31, 2017, management has not completed an effective assessment of the Company's internal controls over financial reporting based upon the 2013 Committee on Sponsoring Organizations (COSO) framework. Management has concluded that during the period covered by this report, our internal controls and procedures were not effective to detect the inappropriate application of U.S. GAAP. Management identified the following material weaknesses set forth below in our internal control over financial reporting.

1. We lack the necessary corporate accounting resources to maintain adequate segregation of duties.

2. We currently have inadequate resources due to the need to hire accounting personnel with the requisite knowledge of U.S. GAAP.

3. We did not perform an effective risk assessment or monitor internal controls over financial reporting.

4. We lack the necessary corporate resources to conduct adequate review of related party transactions.

Changes in Internal Control Over Financial Reporting

There were no changes in our internal controls over financial reporting that occurred during the period covered by this report, which were identified in connection with management's evaluation required by paragraph (d) of Rules 13a-15 and 15d-15 under the Exchange Act, that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

This annual report does not include an attestation report of the Company's registered independent public accounting firm regarding internal control over financial reporting. Management's report was not subject to attestation by the Company's independent registered public accounting firm pursuant to temporary rules of the SEC that permit the Company to provide only management's report in this annual report.

Item 9B. Other Information.

Change in Shell Company Status

On June 6, 2016, the Company filed a current report on Form 8-K and ceased being a "shell company", as that term is defined in Rule 405 of the Securities Act and Rule 12b-2 of the Exchange Act, as of such date. Disclosures required by Item 5.06 of Form 8-K as a result of this change in shell company status during the second quarter of 2016 were disclosed in such report on Form 8-K.

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PART III

Item 10. Directors, Executive Officers and Corporate Governance.

The following table sets forth the name, age and position of each of our executive officers and directors as of December 31, 2017.

Directors and Executive Officers

Name	Age	Position

Ian Rosenblatt	66	Chief Executive Officer, President, Chief Financial Officer and Director

The following describes the business experience of each of our directors and executive officers, including other directorships held in public reporting companies, if any:

Ian Rosenblatt, Chief Executive Officer, Chief Financial Officer and Director - Ian Rosenblatt has 40 years of professional experience in business development ventures, cross border mergers and acquisitions, and international partnerships. He qualified as an insolvency practitioner in the UK. In 2004, he was appointed as the CEO of a Public Company quoted on the Brussels and Luxembourg stock exchanges which had operations in the UK, France, Switzerland, Germany and USA. He has the past five years provided consultancy advice to early stage businesses on capital raising and IPO/exit strategies.

Except as noted above, the above persons do not hold any other directorships in any company with a class of securities registered pursuant to Section 12 of the Exchange Act or subject to the requirements of Section 15(d) of the Exchange Act.

Term of Office

All of our directors hold office until the next annual meeting of the shareholders or until their successors are elected and qualified. Our officers are appointed by our board of directors and hold office until their earlier death, retirement, resignation or removal.

Family Relationships

There are no family relationships among any of the Company's directors and officers.

Board Composition and Committees

We do not have a standing nominating, compensation or audit committee. Rather, our full board of directors performs the functions of these committees. Also, we do not have a "audit committee financial expert" on our board of directors as that term is defined by Item 407(d)(5)(ii) of Regulation S-K. We do not believe it is necessary for our board of directors to appoint such committees because the volume of matters that come before our board of directors for consideration permits the directors to give sufficient time and attention to such matters to be involved in all decision making.

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Code of Ethics

Our Board of Directors intends to adopt a code of ethics that applies to all of our directors, officers and employees, including our principal executive officer, principal financial officer and principal accounting officer. The code will address, among other things, honesty and ethical conduct, conflicts of interest, compliance with laws, regulations and policies, including disclosure requirements under the federal securities laws, confidentiality, trading on inside information, and reporting of violations of the code.

Involvement in Certain Legal Proceedings

None of our directors, executive officers or control persons has been involved in any of the events prescribed by Item 401(f) of Regulation S-K during the past ten years, including:

any petition under the Federal bankruptcy laws or any state insolvency law filed by or against, or a receiver, fiscal agent or similar officer was appointed by a court for the business or property of such person, or any partnership in which he or she was a general partner at or within two years before the time of such filing, or any corporation or business association of which he or she was an executive officer at or within two years before the time of such filing;

2.	any conviction in a criminal proceeding or being named a subject of a pending criminal proceeding (excluding traffic violations and other minor offenses);

3.	being subject to any order, judgment, or decree, not subsequently reversed, suspended or vacated, of any court of competent jurisdiction, permanently or temporarily enjoining him or her from, or otherwise limiting, the following activities:

acting as a futures commission merchant, introducing broker, commodity trading advisor, commodity pool operator, floor broker, leverage transaction merchant, any other person regulated by the Commodity Futures Trading Commission, or an associated person of any of the foregoing, or as an investment adviser, underwriter, broker or dealer in securities, or as an affiliated person, director or employee of any investment company, bank, savings and loan association or insurance company, or engaging in or continuing any conduct or practice in connection with such activity;

ii.	engaging in any type of business practice; or

iii.	engaging in any activity in connection with the purchase or sale of any security or commodity or in connection with any violation of Federal or State securities laws or Federal commodities laws;

being subject to any order, judgment or decree, not subsequently reversed, suspended or vacated, of any Federal or State authority barring, suspending or otherwise limiting for more than 60 days the right of such person to engage in any type of business regulated by the Commodity Futures Trading Commission, securities, investment, insurance or banking activities, or to be associated with persons engaged in any such activity;

5.	being found by a court of competent jurisdiction in a civil action or by the SEC to have violated any Federal or State securities law, and the judgment in such civil action or finding by the Commission has not been subsequently reversed, suspended, or vacated;

being found by a court of competent jurisdiction in a civil action or by the Commodity Futures Trading Commission to have violated any Federal commodities law, and the judgment in such civil action or finding by the Commodity Futures Trading Commission has not been subsequently reversed, suspended or vacated;

7.	being subject to, or a party to, any Federal or State judicial or administrative order, judgment, decree, or finding, not subsequently reversed, suspended or vacated, relating to an alleged violation of:

i.	any Federal or State securities or commodities law or regulation; or

ii.	any law or regulation respecting financial institutions or insurance companies including, but not limited to, a temporary or permanent injunction, order of disgorgement or restitution, civil money penalty or temporary or permanent cease-and-desist order, or removal or prohibition order; or

iii.	any law or regulation prohibiting mail or wire fraud or fraud in connection with any business entity; or

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being subject to, or a party to, any sanction or order, not subsequently reversed, suspended or vacated, of any self-regulatory organization (as defined in Section 3(a)(26) of the Exchange Act (15 U.S.C. 78c(a)(26))), any registered entity (as defined in Section 1(a)(29) of the Commodity Exchange Act (7 U.S.C. 1(a)(29))), or any equivalent exchange, association, entity or organization that has disciplinary authority over its members or persons associated with a member.

Compliance with Section 16(a) of the Act

Section 16(a) of the Exchange Act requires our officers and directors, and persons who own more than ten percent (10%) of our shares of common stock, to file reports of ownership and changes in ownership with the SEC. Officers, directors and greater than ten percent (10%) stockholders are required by regulations promulgated by the SEC to furnish us with copies of all Section 16(a) forms that they file. With reference to transactions during the fiscal year ended December 31, 2017, to our knowledge, all Section 16(a) forms required to be filed with the SEC have not yet been filed.

Item 11. Executive Compensation.

The following table sets forth information concerning all cash and non-cash compensation awarded to, earned by, or paid to the Company's Named Executive Officers during the years ended December 31, 2017 and December 31, 2016 for services to the Company.

Name	Position	Year Ended & Period Ended	Salary Paid ($)	Bonus ($)	Stock Awards ($)	Option Awards ($)	Non- Equity Incentive Plan Compen- sation ($)	All Other Compen- sation ($)	Total ($)

Ian Rosenblatt (1)	CEO	2017	-	-	-	-	-	-	-
		2016	-	-	-	-	-	-	-

___________

(1)	Ian Rosenblatt was appointed as chief executive officer on December 31, 2015.

Compensation of Directors

The following table sets forth the information concerning cash and non-cash compensation awarded to, earned by, or paid to the Company's directors during the years ended December 31, 2017 and December 31, 2016 for services to the Company.

Name	Year Ended & Period Ended	Fees Earned or Paid in Cash ($)	Stock Awards ($)(2)	Option Awards ($)	Non- Equity Incentive Plan Compensation ($)	Change in Pension Value and Nonqualified Deferred Compensation Earnings ($)	All Other Compensation ($)	Total ($)

Ian Rosenblatt(1)	2017	-	-	-	-	-	-	-
	2016	-	-	-	-	-	-	-

Andrea Kowalski(2)	2016	-	-	-	-	-	-	-

____________

(1) On January 6, 2016 Ian Rosenblatt was appointed as a director to fill a vacancy on the Board of Directors.

Potential Payments Upon Termination or Change in Control

As of the date of this report, there were no potential payments or benefits payable to our executive officers, upon their termination or in connection with a change in control.

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Pension Benefits

No named executive officers received or held pension benefits during the years ended December 31, 2017 and December 31, 2016.

Nonqualified Deferred Compensation

No nonqualified deferred compensation was offered or issued to any named executive officer during the years ended December 31, 2017 and December 31, 2016 for services to the Company.

Grants of Plan-Based Awards

During the years ended December 31, 2017 and December 31, 2016, we have not granted any plan-based awards to our executive officers.

Outstanding Equity Awards

No unexercised options or warrants were held by any of our named executive officers as of December 31, 2017 or December 31, 2016. No equity awards were made during the years ended December 31, 2017 and December 31, 2016.

Option Exercises and Stock Vested

During the years ended December 31, 2017 and December 31, 2016, our executive officers have neither been granted any options, nor did any unvested stock or options granted to executive officers vest. As of the date of this report, our executive officers do not have any stock options or unvested shares of stock of the Company.

Equity Incentive Plan

We do not have an equity incentive plan. When we adopt an equity incentive plan, the purposes of the proposed equity incentive plan are to attract and retain qualified persons upon whom our sustained progress, growth and profitability depend, to motivate these persons to achieve long-term company goals and to more closely align these persons' interests with those of our other shareholders by providing them with a proprietary interest in our growth and performance. Our executive officers will be eligible to participate in the plan. We have not determined the amount of shares of our common stock to be reserved for issuance under the proposed equity incentive plan.

Compensation Committee Interlocks and Insider Participation

During the years ended December 31, 2017 and December 31, 2016, we did not have a standing compensation committee. Our Board of Directors was responsible for the functions that would otherwise be handled by the compensation committee. All directors participated in deliberations concerning executive officer compensation, including directors who were also executive officers.

Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.

The following table sets forth certain information with respect to beneficial ownership of our common stock on August 31, 2018 based on 78,727,666 and outstanding shares of common stock, by:● each person or group known to us to beneficially own 5% or more of our common stock;

• each of our directors and director nominees;

• each of our named executive officers; and

• all of our executive officers and directors as a group.

Unless otherwise indicated below, to our knowledge, all persons listed below have sole voting and investment power with respect to their shares of common stock, except to the extent authority is shared by spouses under applicable law.

Unless otherwise indicated below, each entity or person listed below maintains an address of 420 Lexington Avenue, Suite 2320, New York, NY 10170.

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The number of shares beneficially owned by each shareholder is determined under rules promulgated by the SEC. The information is not necessarily indicative of beneficial ownership for any other purpose. Under these rules, beneficial ownership includes any shares as to which the individual or entity has sole or shared voting or investment power and any shares as to which the individual or entity has the right to acquire beneficial ownership within 60 days after August 31, 2018, through the exercise of any stock option, warrant or other right.

Beneficial owner	Number of shares beneficially owned		Percentage of Shares Outstanding

Ian Rosenblatt (1)		54,150,000		68.8	%

All directors and executive officers as a group (1 person)		54,150,000		68.8	%

5% Stockholders

Global Fantasy Sports, Ltd. (2)		26,999,807		34.3	%

Trilindist Limited (3)		14,994,432		19.90	%

______________

* Less than 1 percent.

(1) Represents shares owned by Ian Rosenblatt and shares owned by Global Fantasy Sports, Ltd. and beneficially owned by Mr. Rosenblatt.

(2) Includes shares beneficially owned by Mr. Rosenblatt

(3) Represents shares that the Company is obligated to issue pursuant to a notice of conversion of a Line of Credit Facility that has been received by the Company.

Item 13. Certain Relationships and Related Transactions, and Director Independence.

There are no other transactions involving the Company and any of its officers, directors, majority shareholders or other related persons or control persons that require disclosure pursuant to Item 404(d) of Regulation S-K (§ 229.404(d)). We do not have an established policy regarding related transactions.

Director Independence

We do not have a standing nominating, compensation or audit committee. Rather, the board of directors performs the functions of these committees. We do not believe it is necessary for the board of directors to appoint such committees, because the volume of matters that come before the board of directors for consideration is not so substantial that our directors are usually allowed sufficient time and attention to such matters.

Annual Report on Form 10-K

Copies of our Annual Report on Form 10-K, without exhibits, can be obtained without charge from us at Satya Worldwide, Inc., 420 Lexington Avenue; Suite 2320, New York, NY 10170, or by telephone at (786) 259-0024.

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Item 14. Principal Accountant Fees and Services.

The following table sets forth fees billed to us for principal accountant fees and services during the years ended December 31, 2017 and December 31, 2016.

	Year Ended December 31, 2017		Year Ended December 31, 2016

Audit Fees	$	37,000	$	58,000
Audit-Related Fees		-		-
Tax Fees		-		-
All Other Fees		-		-

Total Audit and Audit-Related Fees	$	37,000	$	58,000

PART IV

Item 15. Exhibits.

Please see Exhibit List set forth below.

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SIGNATURES

In accordance with Section 13 or 15(d) of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, on the 1st day of October, 2018.

SATYA WORLDWIDE, INC.

By: /s/ Ian Rosenblatt

Ian Rosenblatt

Chief Executive Officer

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

Signature	Title	Date




/s/ Ian Rosenblatt Ian Rosenblatt	Chief Executive Officer, (Principal Executive Officer), Chief Financial Officer (Principal Financial and Accounting Officer), Director	October 1, 2018

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Satya Worldwide, Inc.

Index to Exhibits

Exhibit No.				Description

3.1				Articles of Incorporation*

3.2				Bylaws, as currently*

4.1				Specimen preferred stock certificate*

4.2				Specimen common stock certificate*

10.1				Subscription Agreement for Series A Convertible Preferred Stock **

10.2				Amended and Restated Share Exchange and Reorganization Agreement***

21.1				List of Subsidiaries ****

31.1				Certification of the Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 and Rule 13a–14(a)/15d–14(a)****

31.2				Certification of the Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 and Rule 13a–14(a)/15d–14(a)****

32.1				Section 1350 Certification of the Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002****

32.2				Section 1350 Certification of the Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002****

*				Included as an Exhibit to our Registration Statement on Form S-1 filed on May 1, 2014
**				Included as an Exhibit to our Registration Statement on Form S-1/Amendment No. 1 filed on June 17, 2014
***				Included as an Exhibit to our report on Form 8-K filed on June 6, 2016
****				Filed herewith

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SATYA WORLDWIDE, INC. - FORM 10-K - October 1, 2018

Attached files

SATYA WORLDWIDE, INC. Reports