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WSCO Wall Street Media Company Inc (QB)

0.40
0.00 (0.00%)
03 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Wall Street Media Company Inc (QB) USOTC:WSCO 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% 0.40 1.00 1.60 0.00 01:00:00

Quarterly Report (10-q)

29/07/2019 9:41pm

Edgar (US Regulatory)


 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 10-Q

 

(Mark One)

 

[X] Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
   
  For the quarterly period ended June 30, 2019

 

[  ] 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 333-163439

 

WALL STREET MEDIA CO, INC.

(Exact name of registrant as specified in its charter)

 

Nevada   26-4170100

(State or other jurisdiction

Of incorporation or organization)

 

(IRS employer

identification number)

 

110 Front Street

Suite 300

Jupiter, FL 33477

(Address of principal executive offices, including zip code)

 

(561) 240-0333

(Registrant’s telephone number, including area code)

 

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 [X] No [  ]

 

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

 

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

 

  Large accelerated filer [  ] Accelerated filer [  ]
  Non-accelerated filer [  ] Smaller reporting company [X]
  Do not check if a smaller reporting company    
  Emerging growth company [  ]    

 

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

 

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

 

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date.

 

Class   Outstanding at July 29, 2019
Common stock, $0.001 par value   26,922,006

 

 

 

     
 

 

TABLE OF CONTENTS

 

  Page
PART I - FINANCIAL INFORMATION 1
Item 1. Financial Statements 1
Condensed Balance Sheets as of June 30, 2019 (unaudited) and September 30, 2018 1
Condensed Statements of Operations for the three and nine months ended June 30, 2019 (unaudited) 2
Statements of Changes in Stockholders’ Deficit for the three and nine months ended June 30, 2019 and 2018 (unaudited) 3-4
Condensed Statements of Cash Flows for the nine months ended June 30, 2019 (unaudited) 5
Notes to Condensed Financial Statements(unaudited) 6
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations 8
Item 3. Quantitative and Qualitative Disclosure About Market Risk. 10
Item 4. Controls and Procedures. 10
PART II - OTHER INFORMATION 11
Item 1. Legal Proceedings. 11
Item 1A. Risk Factors. 11
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds. 11
Item 3. Defaults upon Senior Securities. 11
Item 4. Mine Safety Disclosures 11
Item 5. Other Information. 11
SIGNATURES 12

 

     
 

 

PART I - FINANCIAL INFORMATION

 

Item 1. Financial Statements

 

WALL STREET MEDIA CO, INC.

Condensed Balance Sheets

 

    June 30, 2019     September 30, 2018  
     (unaudited)        
ASSETS                
Current Assets                
Cash   $ 11,799     $ 4,812  
Accounts receivable     -       2,500  
Total current assets     11,799       7,312  
                 
Deposit     578       578  
                 
Total Assets   $ 12,377     $ 7,890  
                 
LIABILITIES AND STOCKHOLDERS’ DEFICIT                
                 
Current Liabilities                
Accounts payable and accrued expenses   $ -     $ 3,331  
Accrued interest payable     12,802       9,366  
Notes payable-related party     113,290       113,290  
Total current liabilities     126,092       125,987  
                 
Total Liabilities     126,092       125,987  
                 
Commitments and Contingencies (Note 4)                
                 
Stockholders’ Deficit                
Preferred stock, $0.001 par value; 5,000,000 authorized; none issued or outstanding     -       -  
Common stock, $0.001 par value; 195,000,000 shares authorized; 26,922,006 issued and outstanding at June 30, 2019 and September 30, 2018     26,922       26,922  
Additional paid-in capital     1,298,056       1,298,056  
Accumulated deficit     (1,438,693 )     (1,443,075 )
Total stockholders’ deficit     (113,715 )     (118,097 )
                 
Total Liabilities and Stockholders’ Deficit   $ 12,377     $ 7,890  

 

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

 

  1  
 

 

WALL STREET MEDIA CO, INC.

Condensed Statements of Operations

(Unaudited)

 

    For the three months ended     For the nine months ended  
    June 30, 2019     June 30, 2018     June 30, 2019     June 30, 2018  
Revenues:                                
Contracted services-related party   $ -     $ 1,500     $ 2,000     $ 25,000  
Contracted services     20,000       18,000       50,000       18,000  
Total Revenues     20,000       19,500       52,000       43,000  
                                 
Operating Expenses:                                
Internet and hosting services     -       -       620       550  
Office and administrative     848       1,553       4,405       5,410  
Professional fees     8,211       10,675       39,157       53,980  
Total Operating Expenses     9,059       12,228       44,182       59,940  
                                 
Income(Loss) From Operations     10,941       7,272       7,818       (16,940 )
                                 
Other Income (Expense)                                
Interest expense     (1,145 )     (1,145 )     (3,436 )     (3,363 )
                                 
Total Other Income(Expense), net     (1,145 )     (1,145 )     (3,436 )     (3,363 )
                                 
Net income(loss)   $ 9,796     $ 6,127     $ 4,382     $ (20,303 )
                                 
Earnings(loss) per share - basic and diluted   $ 0.00     $ 0.00     $ 0.00     $ (0.00 )
                                 
Weighted average number of common shares - Basic and Diluted     26,922,006       26,922,006       26,922,006       26,922,006  

 

The accompanying notes are an integral part of these unaudited condensed financial statements

 

  2  
 

 

WALL STREET MEDIA CO.

Condensed Statement of Changes in Stockholders’ Deficit

For the Three And Nine Months Ended June 30, 2019

(Unaudited)

 

                      Additional           Total  
    Preferred                 Paid In     Accumulated     Stockholders’  
    Stock     Common Stock     Capital     Deficit     Deficit  
                                     
Balance at September 30, 2018   $    -       26,922,006     $ 26,922     $ 1,298,056     $ (1,443,075 )   $        (118,097 )
                                                 
Net income                                     5,843       5,843  
                                                 
Balance at December 31, 2018   $ -       26,922,006     $ 26,922     $ 1,298,056     $ (1,437,232 )   $ (112,254 )
                                                 
Net loss                                     (11,257 )     (11,257 )
                                                 
Balance at March 31, 2019   $ -       26,922,006     $ 26,922     $ 1,298,056     $ (1,448,489 )   $ (123,511 )
                                                 
Net income                                     9,796       9,796  
                                                 
Balance at June 30, 2019   $ -       26,922,006     $ 26,922     $ 1,298,056     $ (1,438,693 )   $ (113,715 )

 

The accompanying notes are an integral part of these unaudited condensed financial statements

 

  3  
 

 

WALL STREET MEDIA CO.

Condensed Statement of Changes in Stockholders’ Deficit

For the Three And Nine Months Ended June 30, 2018

(Unaudited)

 

                      Additional           Total  
    Preferred                 Paid In     Accumulated     Stockholders’  
    Stock     Common Stock     Capital     Deficit     Deficit  
                                     
Balance at September 30, 2017   $     -       26,922,006     $ 26,922     $ 1,298,056     $ (1,423,801 )   $         (98,823 )
                                                 
Net loss                                     (28,366 )     (28,366 )
                                                 
Balance at December 31, 2017   $ -       26,922,006     $ 26,922     $ 1,298,056     $ (1,452,167 )   $ (127,189 )
                                                 
Net income                                     1,970       1,970  
                                                 
Balance at March 31, 2018   $ -       26,922,006     $ 26,922     $ 1,298,056     $ (1,450,197 )   $ (125,219 )
                                                 
Net Income                                     6,093       6,093  
                                                 
Balance at June 30, 2018   $ -       26,922,006     $ 26,922     $ 1,298,056     $ (1,444,104 )   $ (119,126 )

 

The accompanying notes are an integral part of these unaudited condensed financial statements

 

  4  
 

 

WALL STREET MEDIA CO, INC.

Condensed Statements of Cash Flows

(Unaudited)

 

    For the Nine
Months Ended
June 30, 2019
    For the Nine
Months Ended
June 30, 2018
 
Cash flows from Operating Activities:                
Net income (loss)   $ 4,382     $ (20,303 )
Adjustments to reconcile net income (loss) to net cash used in operating activities:                
Changes in operating assets and liabilities:                
Decrease in accounts receivable     2,500       10,000  
Increase in accrued interest payable     3,436       3,363  
Increase (decrease) in accounts payable and accrued expenses     (3,331 )     4,020  
Net cash provided by (used in) operating activities     6,987       (2,920 )
                 
Cash flows from Financing Activities:                
Proceeds from notes payable     -       8,000  
Net cash provided by financing activities     -       8,000  
                 
Increase in cash during the period     6,987       5,080  
                 
Cash, beginning of the period     4,812       4,560  
                 
Cash, end of the period   $ 11,799     $ 9,640  
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION                
                 
Interest paid in cash   $ -     $ -  
                 
Taxes paid in cash   $ -     $ -  

 

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

 

  5  
 

 

Wall Street Media Co, Inc.

Notes to Condensed Unaudited Financial Statements

June 30, 2019

 

Note 1 - Nature of Operations and Summary of Significant Accounting Policies

 

Nature of Operations

 

Wall Street Media Co, Inc. (the “Company” or “Wall Street Media”) was organized as Mycatalogsonline.com, Inc. in the state of Nevada on January 26, 2009. In April 2009, the Company changed its name to My Catalogs Online, Inc. In August 2013 the Company changed its name to Wall Street Media Co, Inc.

 

The Company provides consulting and management services to entities looking to merge with or acquire or otherwise consult with third party entities. These services are currently provided to Landmark-Pegasus, Inc., a related party (“Landmark-Pegasus”). Landmark-Pegasus is owned by John Moroney, the Company’s majority shareholder. Mr. Moroney also acts as Landmark-Pegasus’ President.

 

Basis of Presentation

 

The interim unaudited condensed financial statements included herein have been prepared by the Company, pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). In the opinion of the Company’s management, all adjustments (consisting of normal recurring adjustments and reclassifications and non-recurring adjustments) necessary to present fairly the results of operations and cash flows for the three and nine months ended June 30, 2019, and the financial position as of June 30, 2019, have been made. The results of operations for such interim periods are not necessarily indicative of the operating results to be expected for the full year. Certain information and disclosures normally included in the notes to the annual financial statements have been condensed or omitted from these interim condensed financial statements. Accordingly, these interim condensed financial statements should be read in conjunction with the Audited Financial Statements and Notes thereto as of and for the year ended September 30, 2018 included in our Annual Report on Form 10-K as filed with the SEC on December 28, 2018. The September 30, 2018 balance sheet is derived from those financial statements.

 

Use of Estimates

 

The financial statements are prepared in accordance with Accounting Principles Generally Accepted in the United States (“GAAP”). These accounting principles require the Company to make certain estimates, judgments and assumptions. The Company believes that the estimates, judgments and assumptions upon which it relies are reasonable based upon information available at the time that these estimates, judgments and assumptions are made. These estimates, judgments and assumptions can affect the reported amounts of assets and liabilities as of the date of the financial statements as well as the reported amounts of revenues and expenses during the periods presented. The financial statements would be affected to the extent there are material differences between these estimates and actual results. In many cases, the accounting treatment of a particular transaction is specifically dictated by GAAP and does not require management’s judgment in its application. There are also areas in which management’s judgment in selecting any available alternative would not produce a materially different result. Significant estimates include the valuation allowance on deferred tax assets.

 

Cash and Cash Equivalents

 

The Company considers financial instruments with original maturities of three months or less to be cash equivalents. The Company had no cash equivalents at June 30, 2019 or September 30, 2018.

 

  6  
 

 

Revenue Recognition

 

As of October 1, 2018, the Company adopted Revenue from Contracts with Customers (Topic 606) (“ASC 606”). The new guidance sets forth a new five-step revenue recognition model which replaces the prior revenue recognition guidance in its entirety and is intended to eliminate numerous industry-specific pieces of revenue recognition guidance that have historically existed in U.S. GAAP. The underlying principle of the new standard is that a business or other organization will recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects what it expects to receive in exchange for the goods or services. The Company adopted the standard using the modified retrospective method and the adoption did not have a material impact on its financial statements.

 

The Company provides consulting service currently to a single client and represents the Company’s only revenue source. The Company recognizes revenue when the performance obligation (i.e. consulting services) with the customers are satisfied and when the service is provided. Revenue is measured as the amount of consideration the Company expects to receive in exchange for providing the service.

 

Basic and Diluted Net Income per Common Share

 

Basic net income per share is computed by dividing the net income by the weighted average number of common shares outstanding during the period. Diluted net income per common share is computed by dividing the net income by the weighted average number of common shares outstanding for the period and, if dilutive, potential common shares outstanding during the period. Potentially dilutive securities consist of the incremental common shares issuable upon exercise of common stock equivalents such as stock options and convertible debt instruments. Potentially dilutive securities are excluded from the computation if their effect is anti-dilutive. There were no potentially dilutive securities outstanding at June 30, 2019 or 2018.

 

Recent Accounting Pronouncement

 

In February 2016, the FASB issued ASU 2016-02, “Leases” which, for operating leases, requires a lessee to recognize a right-of-use asset and a lease liability, initially measured at the present value of the lease payments, in its balance sheet. The standard also requires a lessee to recognize a single lease cost, calculated so that the cost of the lease is allocated over the lease term, on a generally straight-line basis. The ASU is effective for public companies for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early adoption is permitted. This ASU is effective for us on October 1, 2019. The Company has evaluated the impact of the adoption of ASU 2016-02 and does not currently believe that it will have a material impact on its financial statements and disclosures since it does not have any lease which meets the criteria.

 

Note 2 - Going Concern

 

As reflected in the accompanying condensed financial statements, the Company sustained a net income of approximately $4,400 for the nine month period ended June 30, 2019 and has working capital and stockholder deficits of approximately $114,300 and $113,800, respectively, at June 30, 2019. In addition, 4% of the Company’s revenue is generated from a related party. The foregoing raises substantial doubt about the Company’s ability to continue as a going concern for a period of twelve months from the issuance date of this report. The financial statements do not include any adjustments relating to the recovery of the recorded assets or the classification of the liabilities that might be necessary should the Company be unable to implement its business plan and continue as a going concern. In addition, the Company is actively seeking investor funding.

 

Note 3 Related Party Transactions

 

During the nine months ended June 30, 2019 and 2018, $2,000, or 4%, and $25,000 or 58%, respectively, of the Company’s revenue was derived from a related party.

 

The Company has notes payable to Landmark-Pegasus that accrue interest at an annual rate of 4%, and are payable on demand. The balance on the notes is $113,290 as of September 30, 2018 and June 30, 2019.

 

Note 4 – Commitments and Contingencies

 

From time to time, the Company may be involved in asserted claims arising out of our operations in the normal course of business. As of June 30, 2019, there were no pending or threatened lawsuits that could reasonably be expected to have a material effect on the Company’s results of operations.

 

  7  
 

 

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

 

FORWARD-LOOKING STATEMENTS

 

There are statements in this quarterly report on Form 10-Q that are not historical facts. These “forward-looking statements” can be identified by use of terminology such as “believe”, “hope”, “may”, “anticipate”, “should”, “intend”, “plan”, “will”, “expect”, “estimate”, “project”, “positioned”, “strategy”, and similar expressions. Although management believes that the assumptions underlying the forward-looking statements included in this quarterly report are reasonable, they do not guarantee our future performance, and are subject to certain risks, uncertainties and assumptions that are difficult to predict; therefore, actual results and outcomes may differ materially from what is expressed or forecasted in any such forward-looking statements.

 

OVERVIEW

 

Wall Street Media Co, Inc. (the “Company”, “we”, “us”, “our”) was organized as Mycatalogsonline.com, Inc. in the state of Nevada on January 6, 2009. In April 2009, the Company changed its name to My Catalogs Online, Inc. In August 2013 changed its name to Wall Street Media Co, Inc.

 

The Company provides consulting and management services to entities looking to merge with or acquire or otherwise consult with third party entities. These services are currently provided to Landmark-Pegasus, Inc., a related party (“Landmark-Pegasus”). Landmark-Pegasus is owned by John Moroney, the Company’s majority shareholder. Mr. Moroney also acts as Landmark-Pegasus’ President.

 

CRITICAL ACCOUNTING POLICIES

 

In response to the Securities and Exchange Commission’s (the “SEC”) financial reporting release, FR-60, Cautionary Advice Regarding Disclosure About Critical Accounting Policies, the Company has selected its more subjective accounting estimation processes for purposes of explaining the methodology used in calculating the estimate, in addition to the inherent uncertainties pertaining to the estimate and the possible effects on the Company’s financial condition. These accounting estimates are discussed below. These estimates involve certain assumptions that if incorrect could create a material adverse impact on the Company’s results of operations and financial condition.

 

Revenue Recognition

 

As of October 1, 2018, the Company adopted Revenue from Contracts with Customers (Topic 606) (“ASC 606”). The new guidance sets forth a new five-step revenue recognition model which replaces the prior revenue recognition guidance in its entirety and is intended to eliminate numerous industry-specific pieces of revenue recognition guidance that have historically existed in U.S. GAAP. The underlying principle of the new standard is that a business or other organization will recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects what it expects to receive in exchange for the goods or services. The Company adopted the standard using the modified retrospective method and the adoption did not have a material impact on its financial statements.

 

The Company provides consulting service currently to a single client and represents the Company’s only revenue source. The Company recognizes revenue when the performance obligation (i.e. consulting services) with the customer are satisfied and when the service is provided. Revenue is measured as the amount of consideration the Company expects to receive in exchange for providing the service.

 

RESULTS OF OPERATIONS

 

FOR THE THREE MONTHS ENDED JUNE 30, 2019 COMPARED TO THE THREE MONTHS ENDED JUNE 30, 2018

 

Revenue: The Company’s revenues increased approximately 3% to $20,000 during the three months ended June 30, 2019 as compared to $19,500 for the three months ended June 30, 2018 due to an increase in consulting services provided.

 

Operating Expenses: The Company’s operating expenses decreased by approximately 26% to $9,059 during the three months ended June 30, 2019 as compared to $12,228 for the three months ended June 30, 2018 primarily due to a decrease in professional fees.

 

Income from operations : The Company’s income from operations increased approximately 50% to $10,941 during the three months ended June 30, 2019 from $7,272 for the three months ended June 30, 2018. The primary reason for this was due to a decrease in professional fees.

 

FOR THE NINE MONTHS ENDED JUNE 30, 2019 COMPARED TO THE NINE MONTHS ENDED JUNE 30, 2018

 

Revenue: The Company’s revenues increased approximately 21% to $52,000 during the nine months ended June 30, 2019 as compared to $43,000 for the nine months ended June 30, 2018 due to an increase in consulting services provided.

 

Operating Expenses: The Company’s operating expenses decreased by approximately 26% to $44,182 during the nine months ended June 30, 2019 as compared to $59,940 for the nine months ended June 30, 2018 primarily due to a decrease in professional fees.

 

Income(Loss) from operations : The Company’s income from operations increased approximately 146% to $7,818 during the nine months ended June 30, 2019 from a loss from operations of $16,940 for the nine months ended June 30, 2018. The primary reason for this was due to an increase in consulting services provided.

 

  8  
 

 

LIQUIDITY AND CAPITAL RESOURCES

 

Net cash provided by operating activities was $6,987 for the nine months ended June 30, 2019 as compared to net cash used in operating activities of $2,920 for the nine months ended June 30, 2018. The increase was primarily due to the increase in consulting service income and the decrease in professional fees.

 

As of June 30, 2019, the Company had $11,799 in cash. The Company has sustained losses from operations, and such losses are expected to continue. The Company’s auditors have included a “Going Concern Qualification” in their report for the year ended September 30, 2018. In addition, the Company has a working capital deficit at June 30, 2019 with minimal revenues. The foregoing raises substantial doubt about the Company’s ability to continue as a going concern. The Company is actively seeking to combine or merge with another operating company. There can be no assurance that the level of funding needed will be acquired or that the Company will generate sufficient revenues to sustain operations for the next twelve months. The unaudited condensed financial statements do not include any adjustments that might result from the outcome of this uncertainty.

 

RELATED PERSON TRANSACTIONS

 

0% and 8% of the Company’s revenues for the quarters ended June 30, 2019 and 2018, respectively, were generated by affiliates of the Company’s principal shareholder. 4% and 58% of the Company’s revenues for the nine months ended June 30, 2019 and 2018, respectively, were generated by affiliates of the Company’s principal shareholder.

 

RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS

 

In February 2016, the FASB issued ASU 2016-02, “Leases” which, for operating leases, requires a lessee to recognize a right-of-use asset and a lease liability, initially measured at the present value of the lease payments, in its balance sheet. The standard also requires a lessee to recognize a single lease cost, calculated so that the cost of the lease is allocated over the lease term, on a generally straight-line basis. The ASU is effective for public companies for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early adoption is permitted. The Company has evaluated the impact of the adoption of ASU 2016-02 and does not currently believe that it will have a material impact on its financial statements and disclosures.

 

OFF-BALANCE SHEET ARRANGEMENTS

 

We did not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources, that is material to investors.

 

  9  
 

 

Item 3. Quantitative and Qualitative Disclosure About Market Risk.

 

Not applicable to smaller reporting companies.

 

Item 4. Controls and Procedures.

 

Evaluation of Disclosure Controls and Procedures : An evaluation was conducted by the registrant’s principal executive officer and principal financial officer of the effectiveness of the design and operation of the registrant’s disclosure controls and procedures as of June 30, 2019. Based on that evaluation, the principal executive officer and principal financial officer concluded that the registrant’s controls and procedures were not effective as of such date to ensure that information required to be disclosed in the reports that the registrant files or submits under the Securities Exchange Act of 1934, as amended (a) is recorded, processed, summarized and reported within the time periods specified in Securities and Exchange Commission rules and forms, and (b) is accumulated and communicated to the Company’s management, including its principal executive and principal financial officers, as appropriate to allow timely decisions regarding required disclosure. If the registrant develops new business or engages or hires a chief financial officer or similar financial expert, the registrant intends to review its disclosure controls and procedures.

 

Management is aware that there is a lack of segregation of duties due to the small number of employees dealing with general administrative and financial matters.

 

Changes in Internal Control Over Financial Reporting: There was no change in the registrant’s internal control over financial reporting identified in connection with the evaluation required by paragraph (d) of Rule 13a–15 or Rule 15d–15 under the Securities Exchange Act of 1934 that occurred during the registrant’s last fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting.

 

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PART II- OTHER INFORMATION

 

Item 1. Legal Proceedings.

 

None

 

Item 1A. Risk Factors.

 

Not applicable to smaller reporting companies.

 

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.

 

None

 

Item 3. Defaults upon Senior Securities.

 

None

 

Item 4. Mine Safety Disclosures

 

Not Applicable

 

Item 5. Other Information.

 

None.

 

Item 6. Exhibits

 

(a) Exhibits

 

EXHIBIT
NO.
  DESCRIPTION
31.1   Section 302 Certification of Principal Executive Officer and Principal Financial Officer
     
32.1   Section 906 Certification

 

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SIGNATURES

 

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

 

  Wall Street Media Co, Inc.
     
Date: July 29, 2019 By: /s/ Jeffrey A. Lubchansky
    Jeffrey A. Lubchansky
   

President and Chief Executive Officer

(principal executive officer and

principal financial officer)

 

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