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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Seguin Natural Hair Products Inc (CE) | USOTC:SNHR | 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% | 0.00 | - |
NEVADA
|
|
35-7654530
|
(State or other jurisdiction of incorporation)
|
|
(IRS Employer Identification No.)
|
104 Longwood Road South, Hamilton, Ontario, Canada
|
|
L8S IS6
|
(Address of principal executive offices)
|
|
(Zip Code)
|
|
Large accelerated filer ☐
|
Accelerated filer ☐
|
|
Non-accelerated filer ☐
|
Smaller reporting company ☒
|
Emerging Growth Company ☒
|
PART I
|
|
|
|
|
|
ITEM 1. FINANCIAL STATEMENTS
|
|
F-1
|
ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATIONS
|
|
3
|
ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
|
|
5
|
ITEM 4. CONTROLS AND PROCEDURES
|
|
5
|
|
|
|
PART II - OTHER INFORMATION
|
|
6
|
|
|
|
ITEM 1. LEGAL PROCEEDINGS
|
|
6
|
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
|
|
6
|
ITEM 3. DEFAULTS UPON SENIOR SECURITIES
|
|
6
|
ITEM 4. MINE SAFETY DISCLOSURES
|
|
6
|
ITEM 5. OTHER INFORMATION
|
|
6
|
ITEM 6. EXHIBITS
|
|
6
|
Contents
|
Page(s)
|
|
|
|
|
|
Balance sheets at June 30, 2017 (unaudited) and March 31, 2017
|
F-2
|
|
|
|
|
Statements of operations for the three months ended June 30, 2017 and 2016 (unaudited)
|
F-3
|
|
|
|
|
Statement of cash flows for the three months ended June 30, 2017 and 2016 (unaudited)
|
F-4
|
|
|
|
|
Notes to the financial statements (unaudited)
|
F-5
|
NOT REVIEWED
|
||||||||
|
June 30, 2017
|
March 31, 2017
|
||||||
|
||||||||
ASSETS
|
||||||||
CURRENT ASSETS:
|
||||||||
Cash
|
$
|
993
|
$
|
622
|
||||
|
||||||||
Total Current Assets
|
993
|
622
|
||||||
|
||||||||
Total Assets
|
$
|
993
|
$
|
622
|
||||
|
||||||||
LIABILITIES AND STOCKHOLDERS' EQUITY
|
||||||||
CURRENT LIABILITIES:
|
||||||||
Accrued expenses and other current liabilities
|
$
|
6,865
|
$
|
2,249
|
||||
Advances from stockholders
|
7,000
|
236
|
||||||
|
||||||||
Total Current Liabilities
|
13,865
|
2,485
|
||||||
|
||||||||
Total Liabilities
|
13,865
|
2,485
|
||||||
|
||||||||
COMMITMENTS AND CONTINGENCIES
|
||||||||
|
||||||||
STOCKHOLDERS' EQUITY:
|
||||||||
Common stock par value $0.0001: 500,000,000 shares authorized; 16,500,000 shares
issued and outstanding
|
1,650
|
1,650
|
||||||
Additional paid-in capital
|
91,693
|
90,693
|
||||||
Accumulated deficit
|
(106,215
|
)
|
(94,206
|
)
|
||||
|
||||||||
Total Stockholders' Equity
|
(12,872
|
)
|
(1,863
|
)
|
||||
|
||||||||
Total Liabilities and Stockholders' Equity
|
$
|
993
|
$
|
622
|
NOT REVIEWED
|
||||||||
|
For three months
|
For three months
|
||||||
|
ending
|
ending
|
||||||
|
June 30, 2017
|
June 30, 2016
|
||||||
|
||||||||
Revenue
|
$
|
-
|
$
|
-
|
||||
Operating Expenses
|
||||||||
Professional fees
|
13,069
|
21,412
|
||||||
General and administrative expenses
|
223
|
4,125
|
||||||
|
||||||||
Total operating expenses
|
13,292
|
25,537
|
||||||
|
||||||||
Loss from Operations
|
(13,292
|
)
|
(25,537
|
|||||
|
||||||||
Income Tax Provision
|
-
|
-
|
||||||
|
||||||||
Net Loss
|
$
|
(13,292
|
)
|
$
|
(25,537
|
)
|
||
|
||||||||
Net Loss per Common Share - Basic and Diluted
|
$
|
(0.00
|
)
|
$
|
(0.00
|
)
|
||
|
||||||||
Weighted average common shares outstanding: - basic and diluted
|
16,500,000
|
16,500,000
|
NOT REVIEWED
|
||||||||
|
For the three months
|
For the three months
|
||||||
|
ending
|
ending
|
||||||
|
June 30, 2017
|
June 30, 2016
|
||||||
|
||||||||
CASH FLOWS FROM OPERATING ACTIVITIES:
|
||||||||
Net loss
|
$
|
(13,292
|
)
|
$
|
(25,537
|
)
|
||
Adjustments to reconcile net loss to net cash used in operating activities
|
||||||||
Changes in operating assets and liabilities:
|
||||||||
Prepaid Expenses
|
-
|
1,686
|
||||||
Accrued expenses and other current liabilities
|
12,663
|
6,000
|
||||||
|
||||||||
Net cash used in operating activities
|
(629
|
)
|
(17,851
|
)
|
||||
|
||||||||
CASH FLOWS FROM FINANCING ACTIVITIES:
|
||||||||
Capital contribution
|
1,000
|
3,965
|
||||||
|
||||||||
Net cash provided by financing activities
|
1,000
|
3,965
|
||||||
|
||||||||
Net change in cash
|
371
|
(13,886
|
)
|
|||||
|
||||||||
Cash at beginning of the reporting period
|
622
|
21,781
|
||||||
|
||||||||
Cash at end of the reporting period
|
$
|
993
|
$
|
7,895
|
||||
|
||||||||
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION:
|
||||||||
|
||||||||
Interest paid
|
$
|
-
|
$
|
-
|
||||
|
||||||||
Income tax paid
|
$
|
-
|
$
|
-
|
ITEM 1. |
LEGAL PROCEEDINGS
|
ITEM 2. |
UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
|
ITEM 3. |
DEFAULTS UPON SENIOR SECURITIES
|
ITEM 4. |
MINE SAFETY DISCLOSURES
|
ITEM 5. |
OTHER INFORMATION
|
31.1
|
|
31.2
|
|
32.1
|
|
32.2
|
|
101
|
The following financial information from our Quarterly Report on Form 10-Q for the quarter ended June 30, 2017 formatted in Extensible Business Reporting Language (XBRL): (i) the Balance Sheets, (ii) the Statements of Operations, (iii) the Statements of Cash Flows, and (iv) Notes to Financial Statements
|
SEGUIN NATURAL HAIR PRODUCTS, INC.
|
||
(Registrant)
|
||
|
|
|
By:
|
/s/ Kimberly Wright
|
|
|
Kimberly Wright
|
|
|
Chief Executive Officer
|
|
|
Chief Financial Officer
|
|
|
(Principal Accounting Officer)
|
1 Year Seguin Natural Hair Prod... (CE) Chart |
1 Month Seguin Natural Hair Prod... (CE) Chart |
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