Uhf Incorporated - Amended Quarterly Report (10-Q/A)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q/A

Amendment No. 1 to Form 10-Q

(X)	Quarterly report under section 13 or 15(d) of the Securities Act of 1934.
For the quarterly period ended June 30, 2008

(  )	Transition report under section 13 or 15(d) of the Securities Act of 1934.

For the Transition period from _______ to ________.

Commission file number: 000-49729

UHF Incorporated

(Exact Name of Small Business Issuer as Specified in its Charter)

Michigan		38-1740889
(State or Other Jurisdiction of		(I.R.S. Employer
Incorporation or Organization)		Identification Number)

60 Port Perry Road

North Versailles, PA  15137

(Address of Principal Executive Offices)

[phone]

(Issuer’s Telephone Number, Including Area Code)

Check whether the issuer (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities and Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

Yes     X ;             No     __

 

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

Yes      X ;             No     __

The number of shares of the issuer’s common stock outstanding, as of July 11, 2008 was 9,480,754.

Transitional Small Business Disclosure Format:    Yes __       No     _X_

---

 

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      X_

(Do not check if a smaller reporting company)

EXPLANATORY NOTE

UHF Incorporated is filing this Amendment No. 1 on Form 10-Q/A to amend our Quarterly Report on Form 10-Q for the Quarterly Period ended June 30, 2008.

We are filing this Amendment No. 1 to disclose management’s assessment of the effectiveness of our disclosure control and procedures as of June 30, 2008.  The assessment may be found in Part 1, Item 4T contain elsewhere in this Amendment.  Exhibit 31.1 has also been modified to disclose management’s design of internal control over financial reporting as of June 30, 2008.  The modified Exhibit 31.1 may be found elsewhere in this Amendment.  We have also revised the Form upon which this Report is being filed from Form 10-QSB to Form 10-Q.

 

 

---

 

PART I - FINANCIAL INFORMATION

ITEM I

UHF INCORPORATED

BALANCE SHEETS

 

ASSETS
		June 30,			December 31,
		2008			2007
		(Unaudited)
CASH	$	-		$	-
ORGANIZATION COST		-			-
TOTAL ASSETS	$	-		$	-
LIABILITIES AND STOCKHOLDERS' DEFICIT
ACCRUED EXPENSES	$	16,000		$	13,000
Total liabilities		16,000			13,000
COMMITMENTS AND CONTINGENCIES		-			-
STOCKHOLDERS' DEFICIT
Common stock, $.001 par value; 50,000,000 authorized
shares, 9,480,754 issued and outstanding		9,481			9,481
PAID IN CAPITAL		(9,481)			(9,481)
RETAINED DEFICIT		(16,000)			(13,000)
Total stockholders' deficit		(16,000)			(13,000)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$	-		$	-

 

The accompanying notes are an integral part of these financial statements.

 

---

[

UHF INCORPORATED

STATEMENTS OF OPERATIONS AND RETAINED DEFICIT

		Three Month Period Ended June 30,								Six Month Period Ended June 30,
		2008				2007				2008				2007
REVENUE		$	-			$	-			$	-			$	-
OPERATING EXPENSES			1,500				-				3,000				-
NET LOSS			(1,500	)			-				(3,000	)			-
Retained Deficit - Beginning of Year/Period			(14,500	)			(11,500	)			(13,000	)			(11,500	)
RETAINED DEFICIT - END OF PERIOD		$	(16,000	)		$	(11,500	)		$	(16,000	)		$	(11,500	)

 

 

 

The accompanying notes are an integral part of these financial statements.

 

 

---

 

 

UHF INCORPORATED

STATEMENTS OF CASH FLOWS

 

		Six Month Period Ended June 30,
		2008				2007
CASH FLOWS FROM OPERATING ACTIVITY - NONE		$	-			$	-
CASH FLOW FROM INVESTING ACTIVITIES - NONE			-				-
CASH FLOWS FROM FINANCING ACTIVITIES - NONE			-				-
Net change in cash			-				-
Cash - Beginning of Year			-				-
CASH - END OF PERIOD		$	-			$	-

The accompanying notes are an integral part of these financial statements.

 

 

---

 

 

UHF INCORPORATED

NOTES TO FINANCIAL STATEMENTS

 

 

1.          UNAUDITED INTERIM FINANCIAL STATEMENTS

In the opinion of management, the accompanying unaudited financial statements contain all adjustments necessary to present fairly the Company’s financial position as of June 30, 2008 and the results of its operations and its cash flows for the three and six month periods ended June 30, 2008 and 2007.

The quarterly financial statements are presented in accordance with the requirements of the Form 10-Q and do not include all of the disclosures required by accounting principles generally accepted in the United States of America.  For additional information, reference is made to the Company’s audited financial statements for the years ended December 31, 2007 and 2006 filed with Form 10-KSB.  The results of operations for the six month period ended June 30, 2008 and 2007 are not necessarily indicative of operating results for the full year.

 

 

---

 

ITEM 4 T. Controls and Procedures

Disclosure Controls and Procedures

As of the end of the reporting period covered by this report, June 30, 2008, our Chief Executive Officer who also serves as our Chief Financial Officer carried out an evaluation of the effectiveness of our disclosure controls and procedures as defined in Securities Exchange Act Rule 13a-15(e).

Based upon that evaluation our management concluded that our disclosure controls and procedures were not effective.  In our original filing of this quarterly report we did not include our management’s assessment of disclosure controls and procedures as of June 30, 2008.  Our management has recognized this weakness in our disclosure control and procedures and has instituted a procedure whereby the personnel involved in the preparation of our reports to the Securities and Exchange Commission will review them to determine whether a report on disclosure controls and procedures is included.

Changes in Internal Control Over Financial Reporting

Our management has instituted a procedure whereby the personnel involved in the preparation of our reports to the Securities and Exchange Commission will review them to determine whether a report on disclosure controls and procedures and an annual report on internal control over financial reporting are included.

 

 

---

 

PART II:  OTHER INFORMATION

Item 6.	Exhibits and Reports on Form 8-K
	(a)	Exhibits.
		Restated Articles of Incorporation and By-Laws, as amended to date, filed as Exhibit 2 to the Company’s Registration Statement on Form 10-SB, and incorporated herein by reference.
		Exhibit 31.1 - Certification of President, Chief Executive Officer and Chief Financial Officer, filed herewith.
		Exhibit 32.1 - Certification Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes - Oxley Act of 2002, filed herewith.

SIGNATURE

Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

				UHF INCORPORATED
				(Registrant)
Date: September 25, 2008			By:	/s/ Ronald C. Schmeiser
				Ronald C. Schmeiser
				President, Chief Executive
				Officer and Chief Financial Officer

 

---