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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Yummies Inc (CE) | USOTC:YUMM | 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% | 0.75 | 0.00 | 01:00:00 |
Nevada
|
87-0615629
|
(State or other jurisdiction ofincorporation or organization)
|
(I.R.S. Employer Identification No.) |
1981 East Murray Holiday Rd, Salt Lake City, Utah
|
84117
|
(Address of principal executive offices)
|
(Zip Code)
|
Large Accelerated Filer [ ]
|
Accelerated Filer [ ]
|
Non-Accelerated filer [ ]
|
Smaller Reporting Company [ x ]
|
Class
|
Outstanding as of June 30, 2016
|
Common Stock, $0.001
|
2,505,000
|
Page
|
||
Number
|
||
PART I.
|
||
ITEM 1.
|
Financial Statements (unaudited)
|
3
|
Balance Sheets
|
4
|
|
June 30, 2016 and September 30, 2015
|
||
Statements of Operations
|
||
For the three and nine months ended June 30, 2016 and 2015
|
5
|
|
Statements of Cash Flows
|
||
For the nine months ended June 30, 2016 and 2015
|
6
|
|
Notes to Financial Statements
|
7
|
|
ITEM 2.
|
Management's Discussion and Analysis of Financial Condition and Results of Operations
|
10 |
ITEM 3.
|
Quantitative and Qualitative Disclosures about Market Risk
|
11
|
ITEM 4T.
|
Controls and Procedures
|
11
|
PART II.
|
||
ITEM 6.
|
Exhibits |
12
|
|
Signatures | 12 |
YUMMIES, INC.
|
||||||||
(A Development Stage Company)
|
||||||||
BALANCE SHEETS
|
||||||||
JUNE 30, 2016 AND SEPTEMBER 30, 2015
|
||||||||
June 30,
|
September 30,
|
|||||||
2016
|
2015
|
|||||||
Assets
|
||||||||
Current Assets:
|
||||||||
Cash
|
$
|
242
|
$
|
359
|
||||
Prepaid expenses
|
5,833
|
3,333
|
||||||
Total current assets
|
6,075
|
3,692
|
||||||
Total Assets
|
$
|
6,075
|
$
|
3,692
|
||||
Liabilities and Stockholders' Equity
|
||||||||
Current Liabilities:
|
||||||||
Accounts payable
|
$
|
5,200
|
$
|
5,550
|
||||
Interest payable
|
2,590
|
2,364
|
||||||
Interest payable, stockholders
|
14,613
|
13,107
|
||||||
Notes payable
|
3,774
|
3,774
|
||||||
Notes payable, stockholders
|
25,100
|
25,100
|
||||||
Total current liabilities
|
51,277
|
49,895
|
||||||
Stockholders' Equity:
|
||||||||
Common stock, $.001 par value 50,000,000 shares authorized,2,505,000 issued and outstanding
|
2,505
|
2,505
|
||||||
Additional paid-in capital
|
80,462
|
60,972
|
||||||
Accumulated deficit
|
(128,169
|
)
|
(109,680
|
)
|
||||
Total Stockholders' Equity
|
(45,202
|
)
|
(46,203
|
)
|
||||
Total Liabilities and Stockholders' Equity
|
$
|
6,075
|
$
|
3,692
|
YUMMIES, INC.
|
||||||||||||||||
(A Development Stage Company)
|
||||||||||||||||
STATEMENTS OF OPERATIONS
|
||||||||||||||||
For the
|
For the
|
For the
|
For the
|
|||||||||||||
Three Months
|
Three Months
|
Nine Months
|
Nine Months
|
|||||||||||||
Ended
|
Ended
|
Ended
|
Ended
|
|||||||||||||
June 30,
|
June 30,
|
June 30,
|
June 30,
|
|||||||||||||
2016
|
2015
|
2016
|
2015
|
|||||||||||||
Revenues
|
$
|
--
|
$
|
--
|
$
|
--
|
$
|
--
|
||||||||
Expenses, general and administrative
|
5,039
|
4,469
|
16,757
|
12,764
|
||||||||||||
Operating loss
|
(5,039
|
)
|
(4,469
|
)
|
(16,757
|
)
|
(12,764
|
)
|
||||||||
Other income (expense):
|
||||||||||||||||
Interest expense
|
(578
|
)
|
(578
|
)
|
(1,733
|
)
|
(1,733
|
)
|
||||||||
Net loss
|
$
|
(5,617
|
)
|
$
|
(5,047
|
)
|
$
|
(18,490
|
)
|
$
|
(14,497
|
)
|
||||
Net loss per share
|
$
|
(0.01
|
)
|
$
|
--
|
$
|
(0.01
|
)
|
$
|
(0.01
|
)
|
|||||
Weighted average shares outstanding
|
2,505,000
|
2,505,000
|
2,505,000
|
2,505,000
|
(A Development Stage Company)
|
||||||||
STATEMENTS OF CASH FLOWS
|
||||||||
For the
|
For the
|
|||||||
Nine Months
|
Nine Months
|
|||||||
Ended
|
Ended
|
|||||||
June 30,
|
June 30,
|
|||||||
2016
|
2015
|
|||||||
Cash flows from operating activities:
|
||||||||
Net loss
|
$
|
(18,490
|
)
|
$
|
(14,497
|
)
|
||
Adjustment to reconcile net loss to cash provided by operating activities:
|
||||||||
Increase in prepaid expenses
|
(2,500
|
)
|
(5,833
|
)
|
||||
Increase in accounts payable and interest payable
|
1,383
|
633
|
||||||
Expenses paid directly by shareholder
|
19,490
|
19,625
|
||||||
Net cash used by operating activities
|
(117
|
)
|
(72
|
)
|
||||
Cash flows from investing activities
|
--
|
--
|
||||||
Cash flows from financing activities:
|
--
|
--
|
||||||
Net decrease in cash
|
(117
|
)
|
(72
|
)
|
||||
Cash, beginning of period
|
359
|
470
|
||||||
Cash, end of period
|
$
|
242
|
$
|
398
|
||||
Interest paid
|
$
|
--
|
$
|
--
|
||||
Income taxes paid
|
$
|
--
|
$
|
--
|
Yummies, Inc. | ||
[Registrant] | ||
/s/ Susan Santage | ||
Susan Santage, President & Treasurer
|
1 Year Yummies (CE) Chart |
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