We could not find any results for:
Make sure your spelling is correct or try broadening your search.
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 |
Large Accelerated Filer [ ]
|
Accelerated Filer [ ]
|
Non-Accelerated filer [ ]
|
Smaller Reporting Company [ x ]
|
Class
|
Outstanding as of February 1, 2017
|
Common Stock, $0.001
|
2,505,000
|
Page
|
||
Number
|
||
PART I.
|
||
ITEM 1.
|
Financial Statements (unaudited)
|
3
|
Balance Sheets
|
4
|
|
December 31, 2016 and September 30, 2016
|
||
Statements of Operations
|
||
For the three months ended December 31, 2016 and 2015
|
5
|
|
Statements of Cash Flows
|
||
For the three months ended December 31, 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
|
13
|
YUMMIES, INC.
|
||||||||
(A Development Stage Company)
|
||||||||
BALANCE SHEETS
|
||||||||
December 31,
|
September 30,
|
|||||||
2016
|
2016
|
|||||||
Assets
|
||||||||
Current Assets:
|
||||||||
Cash
|
$
|
164
|
$
|
203
|
||||
Prepaid expenses
|
833
|
3,333
|
||||||
Total current assets
|
997
|
3,536
|
||||||
Total Assets
|
$
|
997
|
$
|
3,536
|
||||
Liabilities and Stockholders' Equity
|
||||||||
Current Liabilities:
|
||||||||
Accounts payable
|
$
|
4,600
|
$
|
5,800
|
||||
Interest payable
|
2,729
|
2,666
|
||||||
Interest payable, stockholders
|
15,629
|
15,115
|
||||||
Notes payable
|
3,774
|
3,774
|
||||||
Notes payable, stockholders
|
25,100
|
25,100
|
||||||
Total current liabilities
|
51,832
|
52,455
|
||||||
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
|
90,952
|
81,412
|
||||||
Accumulated deficit
|
(144,292
|
)
|
(132,836
|
)
|
||||
Total Stockholders' Equity
|
(50,835
|
)
|
(48,919
|
)
|
||||
Total Liabilities and Stockholders' Equity
|
$
|
997
|
$
|
3,536
|
(A Development Stage Company)
|
||||||||
STATEMENTS OF OPERATIONS
|
||||||||
For the
|
For the
|
|||||||
Three Months
|
Three Months
|
|||||||
Ended
|
Ended
|
|||||||
December 31,
|
December 31,
|
|||||||
2016
|
2015
|
|||||||
Revenues
|
$
|
--
|
$
|
--
|
||||
Expenses, general and administrative
|
10,879
|
7,449
|
||||||
Operating loss
|
(10,879
|
)
|
(7,449
|
)
|
||||
Other income (expense):
|
||||||||
Interest expense
|
(578
|
)
|
(578
|
)
|
||||
Net loss
|
$
|
(11,457
|
)
|
$
|
(8,027
|
)
|
||
Net loss per share
|
$
|
--
|
$
|
--
|
||||
Weighted average shares outstanding
|
2,505,000
|
2,505,000
|
YUMMIES, INC.
|
||||||||
(A Development Stage Company)
|
||||||||
STATEMENTS OF CASH FLOWS
|
||||||||
For the
|
For the
|
|||||||
Three Months
|
Three Months
|
|||||||
Ended
|
Ended
|
|||||||
December 31,
|
December 31,
|
|||||||
2016
|
2015
|
|||||||
Cash flows from operating activities:
|
||||||||
Net loss
|
$
|
(11,457
|
)
|
$
|
(8,027
|
)
|
||
Adjustment to reconcile net loss to cash provided byoperating activities:
|
||||||||
Contribution from shareholder
|
9,540
|
15,550
|
||||||
(Increase) decrease in prepaid expenses
|
2,500
|
(7,500
|
)
|
|||||
Increase in interest payable
|
578
|
578
|
||||||
Increase (decrease) in accounts payable
|
(1,200
|
)
|
(640
|
)
|
||||
Net cash used by operating activities
|
(39
|
)
|
(39
|
)
|
||||
Cash flows from investing activities
|
--
|
--
|
||||||
Cash flows from financing activities
|
--
|
--
|
||||||
Net decrease in cash
|
(39
|
)
|
(39
|
)
|
||||
Cash, beginning of period
|
203
|
359
|
||||||
Cash, end of period
|
$
|
164
|
$
|
320
|
||||
Interest paid
|
$
|
--
|
$
|
--
|
||||
Income taxes paid
|
$
|
--
|
$
|
--
|
December 31,
|
September 30,
|
|||||||
2016
|
2016
|
|||||||
Note payable to an individual, also a stockholder of the Company, interest is being charged at 8%,the note is unsecured and due on February 9, 2008. The note principal and accrued interest is convertible into common stock at $.025 per share.
|
$
|
6,000
|
$
|
6,000
|
||||
Notes payable to an individual also a stockholder and director of the Company, interest is being charged at 8%, the notes are unsecured and all are due one year from issuance. The notes principal and accrued Interest are convertible into common stock at $.025 per share.
|
19,100
|
19,100
|
||||||
$
|
25,100
|
$
|
25,100
|
Yummies, Inc.
|
|
[Registrant]
|
|
/s
/Susan Santage
|
|
Susan Santage, President & Treasurer
|
|
February 7, 2017
|
1 Year Yummies (CE) Chart |
1 Month Yummies (CE) Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions