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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Green Planet Bioengineering Company Ltd (PK) | USOTC:GPLB | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.0005 | 0.002 | 1.00 | 0.00 | 21:02:26 |
☒
|
Quarterly
Report Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
|
☐
|
Transition
Report Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
|
Delaware |
|
37-1532842 |
(State or other
jurisdiction of
incorporation or
organization)
|
|
(I.R.S. Employer Identification No.) |
20807 Biscayne Blvd., Suite 203, |
|
|
Aventura, Florida |
|
33180 |
(Address of principal executive offices) |
|
(Zip Code) |
Large accelerated filer
|
☐
|
Accelerated filer
|
☐
|
Non-accelerated
filer
|
☐
(Do not check if a smaller reporting company)
|
Smaller reporting company
|
☒
|
|
|
Emerging
growth company
|
☐
|
|
Page Number | |
PART I
FINANCIAL INFORMATION
|
|
|
|
|
|
Item 1.
|
Financial Statements
|
1
|
|
|
|
|
Condensed Balance Sheets as of March 31, 2017 (Unaudited) and
December 31, 2016
|
1
|
|
|
|
|
Condensed Statements of Operations for the Three Months
Ended
March 31, 2017
and 2016
|
2
|
|
|
|
|
Condensed Statements of Cash Flows for the Three Months
Ended
March 31, 2017
and 2016
|
3
|
|
|
|
|
Notes to the Condensed Financial Statements
|
4
|
|
|
|
Item 2.
|
Management’s Discussion and Analysis of Financial Condition
and Results of Operations
|
6
|
|
|
|
Item 3.
|
Quantitative and Qualitative Disclosures about Market
Risk
|
7
|
|
|
|
Item 4.
|
Controls and Procedures
|
7
|
|
|
|
PART II
OTHER INFORMATION
|
|
|
|
|
|
Item 1.
|
Legal Proceedings
|
8
|
|
|
|
Item 2.
|
Unregistered Sales of Equity Securities and Use of
Proceeds
|
8
|
|
|
|
Item 3.
|
Defaults upon Senior Securities
|
8
|
|
|
|
Item 4.
|
Reserved
|
8
|
|
|
|
Item 5.
|
Other Information
|
8
|
|
|
|
Item 6.
|
Exhibits
|
8
|
|
|
|
SIGNATURES
|
|
9-11
|
|
Three months ended
March 31,
|
|
|
2017
|
2016
|
|
|
|
Administrative
expenses
|
$
(6,110
)
|
$
(5,992
)
|
Loss
before income taxes
|
(6,110
)
|
(5,992
)
|
Provision
for income taxes
|
-
|
-
|
Net
loss
|
$
(6,110
)
|
$
(5,992
)
|
Earnings
per share
|
|
|
-Basic
and diluted
|
$
*
|
$
*
|
Weighted
average number of shares outstanding
|
|
|
-Basic
and diluted
|
20,006,402
|
20,006,402
|
|
Three months ended March 31,
|
|
|
2017
|
2016
|
Cash flows from operating activities
|
|
|
Net
loss
|
$
(6,110
)
|
$
(5,992
)
|
Changes
in operating assets and liabilities:
|
|
|
Accounts
payable
|
-
|
|
Accrued
liabilities
|
(5,000
)
|
(5,000
)
|
Amount
due to a related party
|
11,110
|
10,992
|
Net
cash flows used by operating activities
|
-
|
-
|
|
|
|
Cash flows from investing activities
|
-
|
-
|
|
|
|
Cash flows from financing activities
|
-
|
-
|
|
|
|
Net
decrease in cash and cash equivalents
|
-
|
-
|
Cash
and cash equivalents – beginning of period
|
-
|
-
|
Cash
and cash equivalents – end of period
|
$
-
|
$
-
|
Supplemental
disclosures for cash flow information:
|
|
|
Cash
paid for interest
|
$
-
|
$
-
|
Cash
paid for income taxes
|
$
-
|
$
-
|
|
GREEN PLANET
BIOENGINEERING CO., LTD.
|
|
|
|
|
|
|
Date:
May 15,
2017
|
By:
|
/s/
Jordan Weingarten
|
|
|
|
Jordan Weingarten President and Chief Financial Officer |
|
|
|
(Principal
Executive Officer and
Principal Financial Officer ) |
|
1 Year Green Planet Bioengineer... (PK) Chart |
1 Month Green Planet Bioengineer... (PK) Chart |
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