10-Q

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 10-Q

x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.

 

For the quarterly period ended October 31, 2015

¨ 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: 333-153261

UMATRIN HOLDING LIMITED

(Exact name of registrant as specified in its charter)

DELAWARE	87-0814235
(State or Other Jurisdiction of Incorporation or Organization)	(I.R.S. Employer Identification Number)

315 Madison Ave 3rd Floor PMB #3050 New York City, NY 10017

(Address of Principal Executive Offices) (Zip Code)

866.874.4888

(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 ¨ No x

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 (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes ¨ No x

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.

Large accelerated filer	¨	Accelerated filer	¨
Non-accelerated filer	¨	Smaller reporting company	x
(Do not check if a smaller reporting company)

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

The number of shares outstanding of the Registrant's common stock as of November 30, 2015 was 58,319,100 shares of common stock.

UMATRIN HOLDING LIMITED
 

FORM 10-Q

October 31, 2015

TABLE OF CONTENTS

PARTI — FINANCIAL INFORMATION
Item 1.	Financial Statements	3
Item 2.	Management's Discussion and Analysis of Financial Condition and Results of Operations	17
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	19
Item 4.	Controls and Procedures	19
Item 5.	Exhibits	20
SIGNATURES		21

2

PART I – FINANCIAL INFORMATION

UMATRIN HOLDING LIMITED
FKA

GOLDEN OPPORTUNITIES CORPORATION
BALANCE SHEETS

	October 31, 2015			January 31, 2015
	(unaudited)			(audited)
ASSETS
CURRENT ASSETS
Cash and cash equivalents	$	-		$	16
Total Current Assets		-			16
TOTAL ASSETS	$	-			16
LIABILITIES AND STOCKHOLDERS' DEFICIT
CURRENT LIABILITIES
Accounts payable and accrued expenses	$	1,500		$	3,312
Shareholder advance		64,550			21,967
Total Current Liabilities		66,050			25,279
Convertible note payable, related party, net of debt discounts		-			6,530
TOTAL LIABILITIES		66,050			31,809
STOCKHOLDERS' DEFICIT
Preferred stock: par value $0.00001*; 10,000,000 shares authorized; none issued.
Common stock: par value $0.00001*; 500,000,000 shares authorized; 58,319,100 and 33,570,000 shares issued and outstanding, respectively		583			336
Additional paid-In capital		2,310,691			1,988,790
Accumulated deficit		(2,377,324	)		(2,020,919	)
Total Stockholders' Deficit		(66,050	)		(31,793	)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$	-		$	16

* Retroactively adjusted par value for amendment to Articles of Incorporation, dated February 20, 2015

See accompanying notes to the unaudited financial statements

3

UMATRIN HOLDING LIMITED
FKA

GOLDEN OPPORTUNITIES CORPORATION
STATEMENTS OF OPERATIONS

(Unaudited)

	For the Three months Ended October 31,						For the Nine months Ended October 31,
	2015			2014			2015			2014
REVENUE	$	-		$	-		$	-		$	-
OPERATING EXPENSES:
Professional Fees		50,250			2,348			64,510			7,036
Stock Compensation-Stock Options		251,710			15,865			283,125			47,077
General and Administrative		2,371			42			6,985			57
TOTAL OPERATING EXPENSES		304,331			18,255			354,620			54,170
LOSS FROM OPERATIONS		(304,331	)		(18,255	)		(354,620	)		(54,170	)
OTHER INCOME (EXPENSES)
Imputed Interest Expense		-			(1,452	)		(868	)		(4,307	)
Interest Expense-Beneficial Conversion		-			(1,281	)		(917	)		(3,586	)
TOTAL OTHER INCOME (EXPENSES), NET		-			(2,733	)		(1,785	)		(7,893	)
LOSS BEFORE INCOME TAXES		(304,331	)		(20,988	)		(356,405	)		(62,063	)
INCOME TAXES		-			-			-			-
NET LOSS	$	(304,331	)		(20,988	)	$	(356,405	)	$	(62,063	)
Net Loss Per Common Share - basic & diluted	$	(0.00	)		(0.00	)	$	(0.00	)	$	(0.00	)
Weighted Average Common Shares Outstanding:		58,319,100			33,570,000			53,242,362			33,570,000

See accompanying notes to the unaudited financial statements

4

UMATRIN HOLDING LIMITED
FKA

GOLDEN OPPORTUNITIES CORPORATION
STATEMENTS OF STOCKHOLDERS' DEFICIT
October 31, 2015

					Additional					Total
	Common Stock				Paid-in		Accumulated			Stockholders'
	Shares		Amount*		Capital		Deficit			Deficit
Balance, January 31, 2013		33,570,000		336	$	1,693,165	$	(1,845,695	)	$	(152,194	)
Interest as in-kind contribution						4,207					4,207
Stock options expense						62,892					62,892
Beneficial conversion						164,994					164,994
Net Loss								(88,848	)		(88,848	)
Balance, January 31, 2014		33,570,000	$	336	$	1,925,258	$	(1,936,126	)	$	(10,532	)
Interest as in-kind contribution						590					590
Stock options expense						62,942					62,942
Net Loss								(84,793	)		(84,793	)
Balance, January 31, 2015		33,570,000	$	336	$	1,988,790	$	(2,020,919	)	$	(31,793	)
Issuance of stock for promissory notes		24,719,100		247		7,200					7,447
Interest as in-kind contribution						868					868
Stock options expense						283,126					283,126
Forgiveness related party advance						30,707					30,707
Net Loss							$	(356,405	)	$	(356,405	)
Balance, October 31, 2015 (Unaudited)		58,319,100	$	583	$	2,310,691	$	(2,377,324	)	$	(66,050	)

* Retroactively adjusted par value for amendment to Articles of Incorporation, dated February 20, 2015

See accompanying notes to the unaudited financial statements

5

UMATRIN HOLDING LIMITED
FKA

GOLDEN OPPORTUNITIES CORPORATION
STATEMENTS OF CASH FLOWS

(Unaudited)

	Nine months Ended October 31, 2015			Nine months Ended October 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$	(356,405	)	$	(62,063	)
Adjustments to reconcile net loss to net cash used in operating activities:
Imputed interest expense		868			4,307
Interest expense-beneficial conversion feature		917			3,586
Stock options issued for compensation		283,126			47,077
Changes in operating assets and liabilities:
Accounts payable and accrued expenses		(1,813	)		75
Shareholder advances		73,044			6,942
Net cash provided by operating activities		(263	)		(76	)
CASH FLOWS FROM INVESTING ACTIVITIES
Net cash flows provided by (used in) investing activities		-			-
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from sale of common shares		247			-
Net cash flows provided by financing activities		247			-
NET CHANGE IN CASH		(16	)		(76	)
CASH BALANCE AT BEGINNING OF PERIOD		16			91
CASH BALANCE AT END OF PERIOD	$	-		$	15
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION:
Interest paid	$	-		$	-
Income taxes paid	$	-		$	-
NON-CASH DISCLOSURE FINANCING & INVESTING ACTIVITIES:
Shareholder advances contributed as paid-in capital	$	30,707		$	-
Conversion of Convertible Note to Common Stock	$	7,447		$	-

See accompanying notes to the unaudited financial statements

6

UMATRIN HOLDING LIMITED
FKA

GOLDEN OPPORTUNITIES CORPORATION
NOTES TO FINANCIAL STATEMENTS

October 31, 2015

(Unaudited)

NOTE 1 – ORGANIZATION

Umatrin Holding Limited (formerly known as Golden Opportunities Corporation) (the "Company) was incorporated in the state of Delaware on February 2, 2005. The Company was originally incorporated in order to locate and negotiate with a targeted business entity for the combination of that target company with the Company.

The financial statements have been prepared in conformity with generally accepted accounting principles in the United States.

We have not generated any operating revenue and have a negative cash flow from operations. We expect to generate operating losses during some or all of our planned development stages. These factors raise substantial doubt about our ability to continue as a going concern. In view of these matters, our ability to continue as a going concern is dependent upon our ability to meet our financial requirements, raise additional capital, and the success of our future operations.

NOTE 2 – SIGNIFICANT ACCOUNTING POLICIES

Basis of presentation

The accompanying unaudited financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America for interim financial information and with the instructions to Form 10-Q and Regulation S-X. Accordingly, these condensed financial statements do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments considered necessary for a fair presentation have been included and such adjustments are of a normal recurring nature. These financial statements should be read in conjunction with the financial statements for the year ended January and the notes thereto.

The results of operations for the nine month period ended October 31, 2015 are not necessarily indicative of the results for the full fiscal year ending January 31, 2016.

Use of estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates.

Fiscal year end

The Company upon its formation elected January 31 as its fiscal year.

Cash equivalents

The Company considers all highly liquid investments with maturities of three months or less at the time of purchase to be cash equivalents. Cash and cash equivalents were $Nil and $16 at October 31, 2015 and January 31, 2015, respectively.

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Cash flows reporting

The Company follows ASC 230, Statement of Cash Flows, for cash flows reporting, classifies cash receipts and payments according to whether they stem from operating, investing, or financing activities and provides definitions of each category, and uses the indirect or reconciliation method ("Indirect method") as defined by ASC 230 to report net cash flow from operating activities by adjusting net income to reconcile it to net cash flow from operating activities by removing the effects of (a) all deferrals of past operating cash receipts and payments and all accruals of expected future operating cash receipts and payments and (b) all items that are included in net income that do not affect operating cash receipts and payments. The Company reports the reporting currency equivalent of foreign currency cash flows, using the current exchange rate at the time of the cash flows and the effect of exchange rate changes on cash held in foreign currencies is reported as a separate item in the reconciliation of beginning and ending balances of cash and cash equivalents and separately provides information about investing and financing activities not resulting in cash receipts or payments in the period.

Commitments and contingencies

The Company follows ASC 450-20, Loss Contingencies, to report accounting for contingencies. Liabilities for loss contingencies arising from claims, assessments, litigation, fines and penalties and other sources are recorded when it is probable that a liability has been incurred and the amount of the assessment can be reasonably estimated. There were no commitments or contingencies at October 31, 2015 and January 31, 2015.

Fair value of financial instruments

The Company's balance sheet includes financial instruments, including cash, accounts payable, accrued expenses, amounts due to related party and convertible notes payable to a related party. The carrying amounts of current assets and current liabilities approximate their fair value because of the relatively short period of time between the origination of these instruments and their expected realization.

ASC 820, Fair Value Measurements and Disclosures, defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy that distinguishes between (1) market participant assumptions developed based on market data obtained from independent sources (observable inputs) and (2) an entity's own assumptions about market participant assumptions developed based on the best information available in the circumstances (unobservable inputs). The fair value hierarchy consists of three broad levels, which gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three levels of the fair value hierarchy are described below:

Level 1	Quoted market prices available in active markets for identical assets or liabilities as of the reporting date.
Level 2	Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date.
Level 3	Pricing inputs that are generally observable inputs and not corroborated by market data.

Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of January 31, 2015. The respective carrying value of certain on-balance-sheet financial instruments approximated their fair values due to the short-term nature of these instruments. These financial instruments consist of accrued expenses and shareholder loans.

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Deferred Income taxes and valuation allowance

We follow ASC 740, Income Taxes. We record deferred tax assets and liabilities for future income tax consequences that are attributable to differences between financial statement carrying amounts of assets and liabilities and their income tax bases. The measurement of deferred tax assets and liabilities is based on enacted tax rates that are expected to apply to taxable income in the year when settlement or recovery of those temporary differences is expected to occur. We recognize the effect on deferred tax assets and liabilities of any change in income tax rates in the period that includes the enactment date. We record a valuation allowance to reduce deferred tax assets if it is more likely than not that some portion or all of the deferred tax assets will not be realized.

A tax benefit from an uncertain tax position may be recognized only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities. The determination is based on the technical merits of the position and presumes that the relevant taxing authority that has full knowledge of all relevant information will examine each uncertain tax position. Although we believe the estimates are reasonable, no assurance can be given that the final outcome of these matters will not be different than what is reflected in the historical income tax provisions and accruals.

There were no recognized deferred tax assets or liabilities at October 31, 2015 or January 31, 2015.

Earnings (Loss) per share

The Company computes basic and diluted earnings per share amounts in accordance with ASC Topic 260, Earnings per Share. Basic earnings per share is computed by dividing net income (loss) available to common shareholders by the weighted average number of common shares outstanding during the reporting period. Diluted earnings per share reflects the potential dilution that could occur if stock options and other commitments to issue common stock were exercised or equity awards vest resulting in the issuance of common stock that could share in the earnings of the Company.

The following table shows the number of potentially outstanding dilutive shares excluded from the diluted net loss per share calculation for the three and nine months ended October 31, 2015 and 2014 as they were anti-dilutive.

	Three months Ended				Nine months Ended
	October 31, 2015		October 31, 2014		October 31, 2015		October 31, 2014
Stock options issued on July 30, 2011		8,000,000		8,000,000		8,000,000		8,000,000
Convertible notes issued on September 15, 2013		-		24,749,100		-		24,749,100
Total potentially outstanding dilutive shares		8,000,000		24,749,100		8,000,000		24,749,100

Related parties

The Company follows ASC 850, Related Party Disclosures, for the identification of related parties and disclosure of related party transactions.

Share-based expense

ASC 718, Compensation– Stock Compensation, prescribes accounting and reporting standards for all share-based payment transactions in which employee services are acquired. Transactions include incurring liabilities, or issuing or offering to issue shares, options, and other equity instruments such as employee stock ownership plans and stock appreciation rights. Share-based payments to employees, including grants of employee stock options, are recognized as compensation expense in the financial statements based on their fair values at the date of grant.

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All transactions in which goods or services are the consideration received for the issuance of equity instruments are accounted for based on the fair value of the consideration received or the fair value of the equity instrument issued, whichever is more reliably measurable. The measurement date used to determine the fair value of the equity instruments issued is the earlier of the date on which the performance is complete or the date on which it is probable that performance will occur.

The fair value of share options or similar instrument awards is estimated on the date of grant using a Black-Scholes option-pricing valuation model. The ranges of assumptions for inputs are as follows:

· Expected term of share options and similar instruments: Pursuant to Paragraph 718-10-50-2 of the FASB Accounting Standards Codification, the expected term of share options and similar instruments represents the period of time the options and similar instruments are expected to be outstanding, taking into consideration of the contractual term of the instruments and employees' expected exercise and post-vesting employment termination behavior into the fair value (or calculated value) of the instruments. The Company will use historical data to estimate employee behavior after termination. The contractual term of share options or similar instruments is used as expected term of share options or similar instruments for the Company if it is a thinly traded public entity.

· Expected volatility of the entity's shares and the method used to estimate it. An entity that uses a method that employs different volatilities during the contractual term shall disclose the range of expected volatilities used and the weighted-average expected volatility. A thinly-traded or nonpublic entity that uses the calculated value method shall disclose the reasons why it is not practicable for it to estimate the expected volatility of its share price, the appropriate industry sector index that it has selected, the reasons for selecting that particular index, and how it has calculated historical volatility using that index. The Company uses the average historical volatility of the comparable companies over the expected contractual life of the share options or similar instruments as its expected volatility. If shares of a company are thinly traded, the use of weekly or monthly price observations would generally be more appropriate than the use of daily price observations as the volatility calculation using daily observations for such shares could be artificially inflated due to a larger spread between the bid and asked quotes and lack of consistent trading in the market.

· Expected dividends. An entity that uses a method that employs different dividend rates during the contractual term shall disclose the range of expected dividends used and the weighted-average expected dividends. The expected dividend yield is based on the Company's current dividend yield as the best estimate of projected dividend yield for periods within the expected contractual life of the option.

· Risk-free rate(s). An entity that uses a method that employs different risk-free rates shall disclose the range of risk-free rates used. The risk-free interest rate is based on the U.S. Treasury yield curve in effect at the time of grant for periods within the contractual life of the option.

 

The Company's policy is to recognize compensation cost for awards with only service conditions and a graded vesting schedule on a straight-line basis over the requisite service period for the entire award.

The Company accounts for stock-based compensation issued to non-employees and consultants in accordance with the provisions of ASC 505-50, Equity–based Payments to Non-Employees. Measurement of share-based payment transactions with non-employees is based on the fair value of whichever is more reliably measurable: (a) the goods or services received; or (b) the equity instruments issued. The fair value of the share-based payment transaction is determined at the earlier of performance commitment date or performance completion date.

Share-based expense for the nine months ended October 31, 2015 and 2014 were $283,125 and $31,212, respectively.

Risks and Uncertainties

The Company's operations are subject to significant risks and uncertainties including financial, operational and regulatory risks, including the potential risk of business failure.

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NOTE 3 – GOING CONCERN

As reflected in the accompanying financial statements, the Company had earned no revenues and at October 31, 2015 had accumulated a deficit of $2,377,324. The Company had a current period net loss of $356,405.

While the Company is attempting to commence operations and produce revenues, the Company's cash position may not be significant enough to support the Company's daily operations. Management intends to raise additional funds by way of a public or private offering. Management believes that the actions presently being taken to further implement its business plan and generate revenues provide the opportunity for the Company to continue as a going concern. While the Company believes in the viability of its strategy to increase revenues and in its ability to raise additional funds, there can be no assurances to that effect. The ability of the Company to continue as a going concern is dependent upon the Company's ability to further implement its business plan and generate revenues.

The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.

NOTE 4 – RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS

In July 2015, the FASB issued ASU No. 2015-11, Simplifying the Measurement of Inventory, which modifies existing requirements regarding measuring inventory at the lower of cost or market. Under existing standards, the market amount requires consideration of replacement cost, net realizable value (NRV), and NRV less an approximately normal profit margin. The new ASU replaces market with NRV, defined as estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. This eliminates the need to determine and consider replacement cost or NRV less an approximately normal profit margin when measuring inventory. The amendments are effective for the annual period ending after December 15, 2016, and for annual and interim periods thereafter. Early application is permitted. The Company is currently assessing this ASU's impacts on the Company's consolidated results of operations and financial condition.

In April 2015, FASB issued Accounting Standards Update (ASU) No. 2015-03, Consolidation (Topic 810). The amendments in this update are effective for fiscal years and interim periods within those fiscal years, beginning after December 15, 2015. The amendments in this update simplify the codification by requiring that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct reduction form the carrying amount of the related debt liability. This treatment is consistent with the treatment of debt discounts. Recognition and measurement guidance for debt issuance costs remain unchanged by this update. Early adoption is permitted, but not required; for financial statements that have not been previously issued. At this time we are not early adopting. As the objective of this standard is to reduce cost and complexity and alleviate uncertainty while maintaining or improving the usefulness of information provided to the users of financials statements, the adoption of this standard is not expected to impact our financial position or results of operations.

In February 2015, FASB issued Accounting Standards Update (ASU) No. 2015-03, Interest-Imputation of Interest (Subtopic 835-30). The amendments in this update are effective for fiscal years and interim periods within those fiscal years, beginning after December 15, 2015. The amendments in this update simplify the codification and reduce the number of consolidation models by eliminating the indefinite deferral of Statement 167 and placing more emphasis on the risk of loss when determining controlling financial interests. Early adoption is permitted, but not required; at this time we are not early adopting. As the objective of this standard is to reduce cost and complexity and alleviate uncertainty while maintaining or improving the usefulness of information provided to the users of financials statements, the adoption of this standard is not expected to impact our financial position or results of operations.

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In February 2015, FASB issued Accounting Standards Update (ASU) No. 2015-02, Consolidation (Topic 810). The amendments in this update are effective for fiscal years and interim periods within those fiscal years, beginning after December 15, 2015. The amendments in this update simplify the codification and reduce the number of consolidation models by eliminating the indefinite deferral of Statement 167 and placing more emphasis on the risk of loss when determining controlling financial interests. Early adoption is permitted, but not required. As the objective of this standard is to reduce cost and complexity and alleviate uncertainty while maintaining or improving the usefulness of information provided to the users of financials statements, the adoption of this standard is not expected to impact our financial position or results of operations.

In January 2015, FASB issued Accounting Standards Update (ASU) No. 2015-01, Income Statement-Extraordinary and Unusual Items (Subtopic 225-20). This update eliminates from GAAP the concept of extraordinary items. The amendments in this update are effective for fiscal years and interim periods within those fiscal years, beginning after December 15, 2015. The amendment may be applied both prospectively and retrospectively. Early adoption is permitted, but not required; as long as the standard is applied from the beginning of the fiscal year of adoption. As the objective of this standard is to reduce cost and complexity and alleviate uncertainty while maintaining or improving the usefulness of information provided to the users of financials statements, the adoption of this standard is not expected to impact our financial position or results of operations.

The Company believes that there were no other accounting standards recently issued that had or are expected to have a material impact on our financial position or results of operations.

NOTE 5 – RELATED PARTY TRANSACTIONS

Shareholder Advances

In support of the Company's efforts and cash requirements, the Company has relied on advances from the majority shareholder and sole officer until such time that the Company can support its operations or attain adequate financing through sales of its equity or traditional debt financing. There is no formal written commitment for continued support by this shareholder. Shareholder advances were used to fund current operating expenses through advances or amounts paid on behalf of the Company in satisfaction of liabilities.

During the nine months ended October 31, 2015 and 2014, the Company's sole officer advanced a total of $73,044 and $6,942, respectively. Shareholder advances outstanding was $64,550 at October 31, 2015, and $21,967 at January 31, 2015, respectively. Shareholder advances totaling $30,707 were contributed as paid-in capital by our former controlling shareholder for the nine months ended October 31, 2015.

Shareholder advances are non-interest bearing. The Company had recognized imputed interest expense on advances, in the amounts of $868 and $4,307 for the nine months ended October 31, 2015 and 2014, respectively. These amounts were recognized as interest expense and a corresponding contribution to capital.

Convertible Notes Payable

On September 15, 2013, $164,994 of shareholder advances payable to the Company's former sole officer and majority owner were re-structured into two notes in equal amounts of $82,497, each convertible into the Company's common stock at rates of $0.005 and $0.01 per share respectively. The notes are convertible on demand of the holder, bear no interest, and have a maturity date of September 15, 2023. The two notes in equal amounts of $82,497 were converted by the new controlling shareholder on March 29, 2015 into 16,499,400 shares of common stock at $0.005 per share and 8,249,700 shares of common stock at $0.01 per share. (For more information, please refer to Note 6.)

Equity

In 2011, the Company issued an option to purchase 8,000,000 common shares at $0.10 per share, to an officer of the Company for compensation. (For more information, please refer to Note 7.)

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NOTE 6 – CONVERTIBLE NOTE PAYABLE

On September 15, 2013, $164,994 of shareholder advances payable to the Company's sole officer and majority owner were re-structured into two notes in equal amounts of $82,497, each convertible into the Company's common stock at rates of $0.005 and $0.01 per share respectively. They are convertible on demand of the holder, bear no interest, have a maturity date of September 15, 2023.

The Company discounted the non-interest bearing note at 3.24% interest rate, in accordance with the Applicable Federal Rate. Based on the intrinsic value of the conversion feature, the Company determined that there was a beneficial conversion feature associated with two notes payable. As a result of the beneficial conversion feature exceeding the proceeds received from the promissory notes, management discounted the notes 100% as a debt discount and will amortize this discount over the 10-year lives of the notes on the interest rate method.

The two notes in equal amounts of $82,497 were converted by the new controlling shareholder on March 29, 2015 into 16,499,400 shares of common stock at $0.005 per share and 8,249,700 shares of common stock at $0.01 per share. Total debt discount of $7,447 was amortized from issuance of convertible note to the day the notes was converted.

The interest expense amortized for the nine months ended October 31, 2015 and 2014 were $917 and $3,586, respectively.

NOTE 7 – STOCKHOLDERS' EQUITY

On February 20, 2015, the majority shareholders voted on and approved an increase of the number of authorized common shares from 100,000,000 to 500,000,000 and a decrease in par value from $0.001 to $0.00001. The majority shareholders also voted on and approved a designation of 10,000,000 preferred shares with noseries and a par value of $0.00001. The financial statements presented have been retroactively restated to present the change in authorized and par value.

Equity – Common Stock

On March 29, 2015, the Company issued 16,499,400 shares at $0.005 a share and totaling $82,497 and 8,249,700 shares at $0.01 a share and totaling $82,497 as conversions of two promissory notes payable for past advances and loans. See Note 5.

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Equity – Additional Paid-In Capital

The Company had recognized imputed interest expense on advances, in the amounts of $868 and $4,307 for the nine months ended October 31, 2015 and 2014, respectively. These amounts were recognized as interest expense and a corresponding contribution to capital.

Stockoptions

On July 30, 2011, the Company issued an option to purchase 8,000,000 common shares to an officer of the Company in consideration for services at $0.10 per share valued at nil on the date of grant as compensation.

The fair value of the option grant estimated on the date of grant uses the Black-Scholes option-pricing model with the following weighted-average assumptions:

	July 31, 2011
Expected option life (year)		8
Expected volatility		58.62	%*
Expected dividends		0.00	%
Risk-free rate(s)		2.32	%

_______________

*As a thinly traded public entity, it is not practicable for the Company to estimate the expected volatility of its share price. The Company selected two (2) comparable companies to calculate the expected volatility. The Company calculated two (2) comparable companies' historical volatility over the expect life of the share options of eight (8) years and averaged the two (2) comparable companies' historical volatility as its expected volatility.

The fair value of the stock options issued on July 31, 2011 using the Black-Scholes Option Pricing Model was $504,024 at the date of grant. On August 22, 2015, all the remaining unvested stock options became vested. For the periods ended October 31 and January 31, 2015, $283,125 and $62,892 respectively, was recognized as compensation expense for stock options issued.

14

Summary of Compensation Expense-Options

Date	Value on Date   of Grant		Expense Reported		Expense projected	True-up Amount			Cumulative Reported Expense		Unrecognized Compensation		Weighted Average Period  to Recognize
7/30/2011		504,024										504,024		7.0
1/31/2012				16,053						31,933		472,091		6.5
1/31/2013				61,132			(43	)		95,065		408,959		5.5
1/31/2014				62,891			43			157,957		346,067		4.5
1/31/2015				62,941						220,898		283,126		3.5
4/30/2015				15,865						236,763		267,261		3.25
7/31/2015				15,550						252,313		251,711		3.0
10/31/2015				251,711						504,024		-		-

Summary of stock option activities for the nine months ended October 31, 2015:

	Number of Option Shares		Exercise Price Range Per Share		Weighted Average Exercise Price		Fair Value at Date of Grant		Aggregate Intrinsic Value
Balance, February 1, 2014		8,000,000	$	0.10	$	0.10	$	504,024	$	-
Granted		-		-		-				-
Canceled		-		-		-				-
Exercised		-		-		-				-
Expired		-		-		-				-
Balance, January 31, 2015		8,000,000	$	0.10	$	0.10	$	504,024	$	-
Vested and exercisable, January 31, 2015		2,000,000	$	0.10	$	0.10		-	$	-
Unvested, January 31, 2015		6,000,000	$	0.10	$	0.10		-	$	-
Vested and exercisable, August 22, 2015		6,000,000	$	0.10	$	0.10		-	$	-
Unvested, October 31, 2015		-	$	-	$	-		-	$	-
Expired, November 22, 2015		8,000,000	$	0.10	$	0.10		-	$	-

15

NOTE 8 – INCOME TAXES

The Company has not recognized an income tax benefit for its domestic operating losses based on uncertainties concerning its ability to generate taxable income in future periods. The tax benefit for the periods presented is offset by a valuation allowance established against deferred tax assets arising from the net operating losses and other temporary differences, the realization of which could not be considered more likely than not. In future periods, tax benefits and related deferred tax assets will be recognized when management considers realization of such amounts to be more likely than not.

As of October 31 and January 31, 2015, the Company had incurred domestic net losses of $2,377,324 and $2,020,919, which constitute net operating losses for income tax purposes and results in a deferred tax asset. NOLs begin expiring in 2025. The losses result in a deferred tax asset and an equal valuation allowance of: 

	October 31, 2015			January 31, 2015
Deferred tax asset, generated from net operating loss at statutory rates	$	356,599		$	303,100
Valuation allowance		(356,599	)		(303,100	)
	$	-		$	-

The reconciliation of the effective income tax rate to the federal statutory rate is as follows:

Federal income tax rate	15.0	%
Increase in valuation allowance	(15.0	)%
Effective income tax rate	0.0	%

NOTE9 – SUBSEQUENT EVENTS

Management has evaluated subsequent events through the date the financial statements were issued. Based on our evaluation, no events have occurred requiring adjustment or disclosure.

16

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

This Form 10-Q may contain "forward-looking statements". These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may include, without limitation, statements about the Company's market opportunities, strategies, competition and expected activities and expenditures, and at times may be identified by the use of words such as "may", "will", "could", "should", "would", "project", "believe", "anticipate", "expect", "plan", "estimate", "forecast", "potential", "intend", "continue" and variations of these words or comparable words. Forward-looking statements inherently involve risks and uncertainties. Accordingly, actual results may differ materially from those expressed or implied by these forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to the risks described under "Risk Factors" in the Company's annual report filed on March 16, 2015. The Company undertakes no obligation to update any forward- looking statements for revisions or changes after the date of this Form 10-Q.

Overview

Umatrin Holding Limited, formerly Golden Opportunities Corporation (the "Company"), was incorporated in the state of Delaware on February 2, 2005 as 51147, Inc. In November 2007, we changed our business model to rely more on the experiences of our sole executive and commenced implementing our plan as a business partner with active companies in the marketing or financial public relations market. such as plans to assist our clients with the process of going public and other types of fund raising activities. We also work with other companies actively engaged in professional services market or in the sales and /or manufacture and distribution of products or services in Asia.

From 2009 to 2012, throughout the worldwide economic recession, the Company continued to seek out the best potential opportunity for the shareholders. While we do not need to merge or acquire companies, we remain open to any sound business combination to achieve success. Through this period, the Company relied on its sole officer and director to fund the Company's business plan, including the promotion of the Company's comprehensive scope of our professional services, which includes:

· Professional strategic analysis and recommendation;

· Formulation of overall promotion strategy;

· Execution of investor relations campaigns;

· Formulation of media promotion strategy;

· Road show organization;

· Formulation of contingency solutions; and

· Preparation of corporate promotional materials.

17

In February 2015, the Company amended its Articles to increase the number of authorized common shares from 500,000,000 with a par value $0.001, to 500,000,000 with a par value of $0.00001. 10,000,000 shares were designated as preferred shares with a par value of $0.00001 to be designated into specific series under the preferred share category from time to time as determined by the board of directors.

On March 27, 2015, a total of 19,555,000 shares were acquired by Umatrin Group Ltd. ("UGL") through its principal and director, Dato Sri Warren Eu. At that time, UGL also acquired promissory notes that converted into common shares of the Company. In April 2015, the promissory notes were converted into 24,749,100 shares of the Company's common stock. Upon conversion, UGL held 44,304,100 shares of Company's common stock out of a total issued and outstanding of 58,319,100 shares.

The Company requested to FINRA a voluntary symbol change and on March 31, 2015, the Company was issued a new symbol of "UMHL". On March 31, 2015, effective March 31, 2015, Dato Sri Warren Eu was appointed to the sole director. Dato Sri Warren Eu was appointed President, CEO and CFO to serve until the next shareholder meeting, and continuing his service thereafter until his removal or resignation.

Dato Sri Warren Eu's reputation as a business leader in Malaysia and in other regions of Asia are well known. He is the founder of numerous successful companies offering goods and services in Malaysia and other surrounding countries. He was awarded Sri Sultan Ahmad Shah Pahang (S.S.A.P.) from the Sultan of Pahang that carry the title "Dato' Sri" in the year 2014. Prior to that, he was awarded Darjah Indera Mahkota Pahang (D.I.M.P.) from the Sultan of Pahang in the year 2013 that carry the title "Dato". Dato Sri holds a Philosophy of Doctorate (Ph.D.) in Finance from the Golden State University in the United States, and is a successful business tutor and entrepreneur.

Together, Dato Sri Warren Eu and Michael Zahorik are dedicated to increase shareholder's value. The Company will leverage Dato Sri Warren Eu's expertise and knowledge in focusing on expanding the Company's reputation throughout Asia as a leading O2O (Online to Offline) company that provides technology, products and services to enable consumers, merchants, and other participants to conduct e-commerce on its i-cloud ecosystem. O2O business model finds consumers online and brings them into physical stores. It is a combination of payment model and foot traffic generator for merchants that create offline purchases. The Company will continue to follow its business plan of being a leader in delivering products and services through its Asia epicenter.

In April 2015, the Company amended its Articles of Incorporation to change the name into "Umatrin Holding Limited".the Company filed with FINRA its Notice of Corporate Action regarding the name change on April 20, 2015, which became effective May 5, 2015.

The financial statements have been prepared in conformity with generally accepted accounting principles in the United States, which contemplates continuation as a going concern. However, we have not generated any operating revenue, expect continued operating losses, and have negative cash flows from operations, which raises substantial doubt about our ability to continue as a going concern. In view of these matters, our ability to continue as a going concern is dependent upon our ability to meet our financial requirements, raise additional capital, and the success of our future operations.

Critical Accounting Policies

We prepare our condensed financial statements in conformity with GAAP, which requires management to make certain estimates and apply judgments. We base our estimates and judgments on historical experience, current trends and other factors that management believes to be important at the time the condensed financial statements are prepared. Due to the need to make estimates about the effect of matters that are inherently uncertain, materially different amounts could be reported under different conditions or using different assumptions. On a regular basis, we review our critical accounting policies and how they are applied in the preparation of our condensed financial statements.

While we believe that the historical experiences, current trends and other factors considered support the preparation of our condensed financial statements in conformity with GAAP, the actual results could differ from our estimates and such differences could be material.

For a full description of our critical accounting policies, please refer to Note 2 to the Financial Statements herein.

18

Results of Operations for the Three and Nine month Periods ended October 31, 2015 and 2014.

The Company did not have any operating income for the three and nine-month periods ending October 31, 2015 and 2014.

For the three months ended October 31, 2015, the Company had a net loss of $304,331 compared to a net loss of $20,988 for the three month period ending October 31, 2014. The increase in net loss is primarily attributable to professional fees and stock compensation expense on vesting of stock options issued..

For the nine months ended October 31, 2015, the Company had a net loss of $356,405 compared to a net loss of $62,063 for the nine month period ending October 31, 2014. The increase in net loss is primarily attributable to increase in operating expenses and stock compensation expense on vesting of stock options issued. The Company also incurred additional professional fee expenses in relation to change of control of the Company.

Liquidity and Capital Resources

The Company had cash and cash equivalents of $Nil and $16 as of October 31, 2015 and January 31, 2015, respectively.

We have no internal sources of liquidity. Our only external source of liquidity are our officers/directors who personally fund our operating expenses through related party loans. There is no assurance of their ability to continue personally funding our operating expenses. There is no assurance we would be able to secure additional sources of funding. The company continues to rely upon the issuance of common stock, notes and, capital contributions from shareholders to fund administrative expenses.

We have no known demands or commitments and are not aware of any events or uncertainties as of October 31, 2015 that will result in or that are reasonably likely to materially increase or decrease our current liquidity.

We had no material commitments for capital expenditures for the nine months ended October 31, 2015 and 2014.

Off-Balance Sheet Arrangements

We do not have any off-balance sheet arrangements, financings, or other relationships with unconsolidated entities or other persons, also known as "special purpose entities".

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

Not applicable for smaller reporting company.

ITEM 4. CONTROLS AND PROCEDURES

Evaluation of disclosure controls and procedures: The Company's Chief Executive Officer and Chief Financial Officer, after evaluating the effectiveness of the design and operation of the Company's disclosure controls and procedures (as defined in Securities Exchange Act Rules 13a-15 (f) and 15d-15(f)) as of October 31, 2015, have concluded that as of such date, the Company's disclosure controls and procedures were not effective toward ensuring that material information relating to the Company would be made known to such officers on a timely basis.

Changes in internal control over financial reporting: There have been no changes in our internal controls over financial reporting identified in connection with the evaluation required by paragraph (d) of Securities Exchange Act Rule 13a-15 or Rule 15d-15 that occurred in the three months ended October 31, 2015 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

19

ITEM 5. EXHIBITS

31.1	Certification of Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.2	Certification of Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32.1	Section 1350 Certification of Principal Executive Officer and Principal Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

20

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. 

	UMATRIN HOLDING LIMITED
Date: December 10, 2015	By:	/s/ Dato Sri Warren Eu
		Dato Sri Warren Eu
		Chief Executive Officer

21

EX-31.1

EXHIBIT 31.1

CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER

PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO

SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Dato Sri Warren Eu, certify that:

1.	We have reviewed this Form 10-Q of Umatrin Holding Limited;
2.	Based on our knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.	Based on our knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the small business issuer as of, and for, the periods present in this report;
4.	The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13-a-15(f) and 15d-15(f)) and have:

(a)	Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the small business issuer, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
(b)	Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
(c)	Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
(d)	Disclosed in this report any change in the registrant's internal control over financing reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

 

(a)	All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and
(b)	Any fraud, whether or not material, that involved management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: December 10, 2015	By:	/s/ Dato Sri Warren Eu
		Dato Sri Warren Eu
		Chief Executive Officer (Principal Executive Officer)

EX-31.2

EXHIBIT 31.2

CERTIFICATION OF
PRINCIPAL FINANCIAL OFFICER

PURSUANT TO SECTION 302

OF THE SARBANES-OXLEY ACT OF 2002

I, Dato Sri Warren Eu, certify that:

1.	I have reviewed this report on Form 10-Q of Umatrin Holding Limited;
2.	Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.	Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4.	The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a)	Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
(b)	Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
(c)	Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures as of the end of the period covered by this report based on such evaluation; and
(d)	Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of registrant's board of directors (or persons performing the equivalent function):

 

(a)	all significant deficiencies and material weaknesses in the design or operation of internal controls over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and
(b)	any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: December 10, 2015	By:	/s/ Dato Sri Warren Eu
		Dato Sri Warren Eu
		Chief Financial Officer (Principal Accounting Officer)

EX-32.1

EXHIBIT 32.1

CERTIFICATION OF CHIEF EXECUTIVE

OFFICER AND PRINCIPAL

ACCOUNTING OFFICER PURSUANT

TO 18 U.S.C. SECTION 1350

In connection with the accompanying Quarterly Report on Form 10-Q of Umatrin Holding Limited, for the period ending October 31, 2015, I, Dato Sri Warren Eu, Chief Executive Officer and Chief Financial Officer of Umatrin Holding Limited hereby certify pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, to the best of my knowledge and belief, that:

1.	Such Quarterly Report on Form 10-Q for the period ending October 31, 2015, fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
2.	The information contained in such Quarterly Report on Form 10-Q for the period ended October 31, 2015, fairly represents in all material respects, the financial condition and results of operations of Umatrin Holding Limited.

Date: December 10, 2015	By:	/s/ Dato Sri Warren Eu
		Dato Sri Warren Eu
		Chief Executive Officer and Chief Financial Officer
		(Principal Executive Officer and Principal Financial Officer)

XML

CONVERTIBLE NOTE PAYABLE (Details Narrative) - USD ($)	9 Months Ended
	Oct. 31, 2015	Oct. 31, 2014
Convertible Note Payable Details Narrative
Interest expense amortized	$ 917	$ 3,586

XML

GOING CONCERN

9 Months Ended

Oct. 31, 2015

Notes to Financial Statements

Note 3. GOING CONCERN

As reflected in the accompanying financial statements, the Company had earned no revenues and at October 31, 2015 had accumulated a deficit of $2,377,324. The Company had a current period net loss of $356,405.

While the Company is attempting to commence operations and produce revenues, the Company's cash position may not be significant enough to support the Company's daily operations. Management intends to raise additional funds by way of a public or private offering. Management believes that the actions presently being taken to further implement its business plan and generate revenues provide the opportunity for the Company to continue as a going concern. While the Company believes in the viability of its strategy to increase revenues and in its ability to raise additional funds, there can be no assurances to that effect. The ability of the Company to continue as a going concern is dependent upon the Company's ability to further implement its business plan and generate revenues.

The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.

XML

STOCKHOLDERS' EQUITY (Details Narrative) - USD ($)	9 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Jan. 31, 2015
Stockholders Equity Details Narrative
Interest Expense	$ 868	$ 4,307
Compensation expense for stock options issued	$ 283,125		$ 62,892

XML

STOCKHOLDERS' EQUITY (Details 2) - USD ($)	9 Months Ended	12 Months Ended
	Oct. 31, 2015	Jan. 31, 2015
Number of Option Shares
Balance Beginning, Number of Option Shares	8,000,000	8,000,000
Granted, Number of Option Shares
Canceled, Number of Option Shares
Exercised, Number of Option Shares
Expired, Number of Option Shares
Balance Ending, Number of Option Shares		8,000,000
Vested and exercisable, January 31, 2015 Number of Option Shares	6,000,000	2,000,000
Vested and exercisable, August 22, 2015	6,000,000
Unvested at Ending, Number of Option Shares		6,000,000
Expired, November 22, 2015	8,000,000
Exercise Price Range Per Share
Balance Beginning Exercise Price Range Per Share	$ 0.10	$ 0.10
Granted Exercise Price Range Per Share
Canceled Exercise Price Range Per Share
Exercised Exercise Price Range Per Share
Expired Exercise Price Range Per Share
Balance Ending Exercise Price Range Per Share		$ 0.10
Vested and exercisable, January 31, 2015, Exercise Price Range Per Share	0.10	$ 0.10
Vested and exercisable, August 22, 2015	$ 0.10
Unvested at Ending Exercise Price Range Per Share		$ 0.10
Expired, November 22, 2015	$ 0.10
Weighted Average Exercise Price
Balance Beginning Weighted Average Exercise Price	0.10	$ 0.10
Granted Weighted Average Exercise Price
Canceled Weighted Average Exercise Price
Exercised Weighted Average Exercise Price
Expired Weighted Average Exercise Price
Balance Ending Weighted Average Exercise Price		$ 0.10
Vested and exercisable, January 31, 2015, Weighted Average Exercise Price	0.10	$ 0.10
Vested and exercisable, August 22, 2015	$ 0.10
Unvested at Ending Weighted Average Exercise Price		$ 0.10
Expired, November 22, 2015	$ 0.10
Fair Value at Date of Grant
Balance Beginning Fair Value at Date of Grant	$ 504,024	$ 504,024
Granted Fair Value at Date of Grant
Canceled Fair Value at Date of Grant
Exercised Fair Value at Date of Grant
Expired Fair Value at Date of Grant
Balance Ending Fair Value at Date of Grant		$ 504,024
Vested and exercisable, January 31, 2015, Fair Value at Date of Grant
Vested and exercisable, August 22, 2015
Unvested at Ending Fair Value at Date of Grant
Expired, November 22, 2015
Aggregate Intrinsic Value
Balance Beginning Aggregate Intrinsic Value
Granted Aggregate Intrinsic Value
Canceled Aggregate Intrinsic Value
Exercised Aggregate Intrinsic Value
Expired Aggregate Intrinsic Value
Balance Ending Aggregate Intrinsic Value
Vested and exercisable, January 31, 2015, Aggregate Intrinsic Value
Vested and exercisable, August 22, 2015
Unvested at Ending Aggregate Intrinsic Value
Expired, November 22, 2015

XML

INCOME TAXES (Details) - USD ($)	Oct. 31, 2015	Jan. 31, 2015
Deferred tax assets:
Deferred tax asset, generated from net operating loss at statutory rates	$ 356,599	$ 303,100
Valuation allowance	$ (356,599)	$ (303,100)
Total

XML

INCOME TAXES (Details 1)	9 Months Ended
	Oct. 31, 2015
Income Taxes Details 1
Federal income tax rate	15.00%
Increase in valuation allowance	(15.00%)
Effective income tax rate	0.00%

XML

SIGNIFICANT ACCOUNTING POLICIES

9 Months Ended

Oct. 31, 2015

Notes to Financial Statements

Note 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of presentation

The accompanying unaudited financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America for interim financial information and with the instructions to Form 10-Q and Regulation S-X. Accordingly, these condensed financial statements do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments considered necessary for a fair presentation have been included and such adjustments are of a normal recurring nature. These financial statements should be read in conjunction with the financial statements for the year ended January and the notes thereto.

The results of operations for the nine month period ended October 31, 2015 are not necessarily indicative of the results for the full fiscal year ending January 31, 2016.

Use of estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates.

Fiscal year end

The Company upon its formation elected January 31 as its fiscal year.

Cash equivalents

The Company considers all highly liquid investments with maturities of three months or less at the time of purchase to be cash equivalents. Cash and cash equivalents were $ Nil and $16 at October 31, 2015 and January 31, 2015, respectively.

Cash flows reporting

The Company follows ASC 230, Statement of Cash Flows, for cash flows reporting, classifies cash receipts and payments according to whether they stem from operating, investing, or financing activities and provides definitions of each category, and uses the indirect or reconciliation method ("Indirect method") as defined by ASC 230 to report net cash flow from operating activities by adjusting net income to reconcile it to net cash flow from operating activities by removing the effects of (a) all deferrals of past operating cash receipts and payments and all accruals of expected future operating cash receipts and payments and (b) all items that are included in net income that do not affect operating cash receipts and payments. The Company reports the reporting currency equivalent of foreign currency cash flows, using the current exchange rate at the time of the cash flows and the effect of exchange rate changes on cash held in foreign currencies is reported as a separate item in the reconciliation of beginning and ending balances of cash and cash equivalents and separately provides information about investing and financing activities not resulting in cash receipts or payments in the period.

Commitments and contingencies

The Company follows ASC 450-20, Loss Contingencies, to report accounting for contingencies. Liabilities for loss contingencies arising from claims, assessments, litigation, fines and penalties and other sources are recorded when it is probable that a liability has been incurred and the amount of the assessment can be reasonably estimated. There were no commitments or contingencies at October 31, 2015 and January 31, 2015.

Fair value of financial instruments

The Company's balance sheet includes financial instruments, including cash, accounts payable, accrued expenses, amounts due to related party and convertible notes payable to a related party. The carrying amounts of current assets and current liabilities approximate their fair value because of the relatively short period of time between the origination of these instruments and their expected realization.

ASC 820, Fair Value Measurements and Disclosures, defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy that distinguishes between (1) market participant assumptions developed based on market data obtained from independent sources (observable inputs) and (2) an entity's own assumptions about market participant assumptions developed based on the best information available in the circumstances (unobservable inputs). The fair value hierarchy consists of three broad levels, which gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three levels of the fair value hierarchy are described below:

Level 1	Quoted market prices available in active markets for identical assets or liabilities as of the reporting date.
Level 2	Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date.
Level 3	Pricing inputs that are generally observable inputs and not corroborated by market data.

Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of January 31, 2015. The respective carrying value of certain on-balance-sheet financial instruments approximated their fair values due to the short-term nature of these instruments. These financial instruments consist of accrued expenses and shareholder loans.

Deferred Income taxes and valuation allowance

We follow ASC 740, Income Taxes. We record deferred tax assets and liabilities for future income tax consequences that are attributable to differences between financial statement carrying amounts of assets and liabilities and their income tax bases. The measurement of deferred tax assets and liabilities is based on enacted tax rates that are expected to apply to taxable income in the year when settlement or recovery of those temporary differences is expected to occur. We recognize the effect on deferred tax assets and liabilities of any change in income tax rates in the period that includes the enactment date. We record a valuation allowance to reduce deferred tax assets if it is more likely than not that some portion or all of the deferred tax assets will not be realized.

A tax benefit from an uncertain tax position may be recognized only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities. The determination is based on the technical merits of the position and presumes that the relevant taxing authority that has full knowledge of all relevant information will examine each uncertain tax position. Although we believe the estimates are reasonable, no assurance can be given that the final outcome of these matters will not be different than what is reflected in the historical income tax provisions and accruals.

There were no recognized deferred tax assets or liabilities at October 31, 2015 or January 31, 2015.

Earnings (Loss) per share

The Company computes basic and diluted earnings per share amounts in accordance with ASC Topic 260, Earnings per Share. Basic earnings per share is computed by dividing net income (loss) available to common shareholders by the weighted average number of common shares outstanding during the reporting period. Diluted earnings per share reflects the potential dilution that could occur if stock options and other commitments to issue common stock were exercised or equity awards vest resulting in the issuance of common stock that could share in the earnings of the Company.

The following table shows the number of potentially outstanding dilutive shares excluded from the diluted net loss per share calculation for the three and nine months ended October 31, 2015 and 2014 as they were anti-dilutive.

	Three months Ended				Nine months Ended
	October 31, 2015		October 31, 2014		October 31, 2015		October 31, 2014
Stock options issued on July 30, 2011		8,000,000		8,000,000		8,000,000		8,000,000
Convertible notes issued on September 15, 2013		-		24,749,100		-		24,749,100
Total potentially outstanding dilutive shares		8,000,000		24,749,100		8,000,000		24,749,100

Related parties

The Company follows ASC 850, Related Party Disclosures, for the identification of related parties and disclosure of related party transactions.

Share - based expense

ASC 718, Compensation– Stock Compensation, prescribes accounting and reporting standards for all share-based payment transactions in which employee services are acquired. Transactions include incurring liabilities, or issuing or offering to issue shares, options, and other equity instruments such as employee stock ownership plans and stock appreciation rights. Share-based payments to employees, including grants of employee stock options, are recognized as compensation expense in the financial statements based on their fair values at the date of grant.

All transactions in which goods or services are the consideration received for the issuance of equity instruments are accounted for based on the fair value of the consideration received or the fair value of the equity instrument issued, whichever is more reliably measurable. The measurement date used to determine the fair value of the equity instruments issued is the earlier of the date on which the performance is complete or the date on which it is probable that performance will occur.

The fair value of share options or similar instrument awards is estimated on the date of grant using a Black-Scholes option-pricing valuation model. The ranges of assumptions for inputs are as follows:

· Expected term of share options and similar instruments: Pursuant to Paragraph 718-10-50-2 of the FASB Accounting Standards Codification, the expected term of share options and similar instruments represents the period of time the options and similar instruments are expected to be outstanding, taking into consideration of the contractual term of the instruments and employees' expected exercise and post-vesting employment termination behavior into the fair value (or calculated value) of the instruments. The Company will use historical data to estimate employee behavior after termination. The contractual term of share options or similar instruments is used as expected term of share options or similar instruments for the Company if it is a thinly traded public entity.

· Expected volatility of the entity's shares and the method used to estimate it. An entity that uses a method that employs different volatilities during the contractual term shall disclose the range of expected volatilities used and the weighted-average expected volatility. A thinly-traded or nonpublic entity that uses the calculated value method shall disclose the reasons why it is not practicable for it to estimate the expected volatility of its share price, the appropriate industry sector index that it has selected, the reasons for selecting that particular index, and how it has calculated historical volatility using that index. The Company uses the average historical volatility of the comparable companies over the expected contractual life of the share options or similar instruments as its expected volatility. If shares of a company are thinly traded, the use of weekly or monthly price observations would generally be more appropriate than the use of daily price observations as the volatility calculation using daily observations for such shares could be artificially inflated due to a larger spread between the bid and asked quotes and lack of consistent trading in the market.

· Expected dividends. An entity that uses a method that employs different dividend rates during the contractual term shall disclose the range of expected dividends used and the weighted-average expected dividends. The expected dividend yield is based on the Company's current dividend yield as the best estimate of projected dividend yield for periods within the expected contractual life of the option.

· Risk-free rate(s). An entity that uses a method that employs different risk-free rates shall disclose the range of risk-free rates used. The risk-free interest rate is based on the U.S. Treasury yield curve in effect at the time of grant for periods within the contractual life of the option.

The Company's policy is to recognize compensation cost for awards with only service conditions and a graded vesting schedule on a straight-line basis over the requisite service period for the entire award.

The Company accounts for stock-based compensation issued to non-employees and consultants in accordance with the provisions of ASC 505-50, Equity–based Payments to Non - Employees. Measurement of share-based payment transactions with non-employees is based on the fair value of whichever is more reliably measurable: (a) the goods or services received; or (b) the equity instruments issued. The fair value of the share-based payment transaction is determined at the earlier of performance commitment date or performance completion date.

Share-based expense for the nine months ended October 31, 2015 and 2014 were $283,125 and $31,212, respectively.

Risks and Uncertainties

The Company's operations are subject to significant risks and uncertainties including financial, operational and regulatory risks, including the potential risk of business failure.

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INCOME TAXES (Details Narrative) - USD ($)	9 Months Ended
	Oct. 31, 2015	Jan. 31, 2015
Income Taxes Details Narrative
Operating loss carry - forwards, Net	$ 2,377,324	$ 2,020,919
Expiry date	2025

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BALANCE SHEETS - USD ($)		Oct. 31, 2015	Jan. 31, 2015
CURRENT ASSETS
Cash and cash equivalents			$ 16
Total Current Assets			16
TOTAL ASSETS		$ 0	16
CURRENT LIABILITIES
Accounts payable and accrued expenses		1,500	3,312
Shareholder advance		64,550	21,967
Total Current Liabilities		$ 66,050	25,279
Convertible notes payable, related party, net of debt discounts			6,530
TOTAL LIABILITIES		$ 66,050	$ 31,809
STOCKHOLDERS' DEFICIT
Preferred stock: par value $0.00001*; 10,000,000 shares authorized; none issued	[1]
Common stock: par value $0.00001*; 500,000,000 shares authorized; 58,319,100 and 33,570,000 shares issued and outstanding, respectively	[1]	$ 583	$ 336
Additional paid-In capital		2,310,691	1,988,790
Accumulated deficit		(2,377,324)	(2,020,919)
Total Stockholders' Deficit		(66,050)	(31,793)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT		$ 0	$ 16

[1] Retroactively adjusted par value for amendment to Articles of Incorporation, dated February 20, 2015

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STATEMENTS OF CASH FLOWS (unaudited) - USD ($)	9 Months Ended
	Oct. 31, 2015	Oct. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (356,405)	$ (62,063)
Adjustments to reconcile net loss to net cash used in operating activities:
Imputed interest expense	868	4,307
Interest expense-beneficial conversion feature	917	3,586
Stock options issued for compensation	283,126	47,077
Changes in operating assets and liabilities:
Accounts payable and accrued expenses	(1,813)	75
Shareholder advances	73,044	6,942
Net cash provided by operating activities	$ (263)	$ (76)
CASH FLOWS FROM INVESTING ACTIVITIES
Net cash flows provided by (used in) investing activities
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from sale of common shares	$ 247
Net cash flows provided by financing activities	247
NET CHANGE IN CASH	(16)	$ (76)
CASH BALANCE AT BEGINNING OF PERIOD	$ 16	91
CASH BALANCE AT END OF PERIOD		$ 15
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION:
Interest paid
Income taxes paid
NON-CASH DISCLOSURE FINANCING & INVESTING ACTIVITIES:
Shareholder advances contributed as paid-in capital	$ 30,707
Conversion of Convertible Note to Common Stock	$ 7,447

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SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	9 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Jan. 31, 2015	Jan. 31, 2014
Significant Accounting Policies Details Narrative
Commitments or contingencies
Cash and cash equivalents		$ 15	$ 16	$ 91
Share­based expense	$ 283,125	$ 31,212

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RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	9 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Jan. 31, 2015
Related Party Transactions Details Narrative
Sole officer advances	$ 73,044	$ 6,942
Shareholder advances	64,550		$ 21,967
Interest Expense	868	$ 4,307
Forgiveness related party advance	$ 30,707

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ORGANIZATION

9 Months Ended

Oct. 31, 2015

Notes to Financial Statements

Note 1. ORGANIZATION

Umatrin Holding Limited (formerly known as Golden Opportunities Corporation) (the "Company) was incorporated in the state of Delaware on February 2, 2005. The Company was originally incorporated in order to locate and negotiate with a targeted business entity for the combination of that target company with the Company.

The financial statements have been prepared in conformity with generally accepted accounting principles in the United States.

We have not generated any operating revenue and have a negative cash flow from operations. We expect to generate operating losses during some or all of our planned development stages. These factors raise substantial doubt about our ability to continue as a going concern. In view of these matters, our ability to continue as a going concern is dependent upon our ability to meet our financial requirements, raise additional capital, and the success of our future operations.

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BALANCE SHEETS (Parenthetical) - $ / shares	Oct. 31, 2015	Jan. 31, 2015
STOCKHOLDERS' DEFICIT
Preferred stock, Par value	$ 0.00001	$ 0.00001
Preferred stock, Authorized	10,000,000	10,000,000
Preferred stock, Issued	0	0
Preferred stock, Outstanding	0	0
Common stock, Par value	$ 0.00001	$ 0.00001
Common stock, Authorized	500,000,000	500,000,000
Common stock, Issued	58,319,100	33,570,000
Common stock, Outstanding	58,319,100	33,570,000

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SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Oct. 31, 2015

Significant Accounting Policies Tables

Number of potentially outstanding dilutive shares

	Three months Ended				Nine months Ended
	October 31, 2015		October 31, 2014		October 31, 2015		October 31, 2014
Stock options issued on July 30, 2011		8,000,000		8,000,000		8,000,000		8,000,000
Convertible notes issued on September 15, 2013		-		24,749,100		-		24,749,100
Total potentially outstanding dilutive shares		8,000,000		24,749,100		8,000,000		24,749,100

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Document and Entity Information - shares	9 Months Ended
	Oct. 31, 2015	Nov. 30, 2015
Document And Entity Information
Entity Registrant Name	Umatrin Holding Ltd
Entity Central Index Key	0001317839
Document Type	10-Q
Document Period End Date	Oct. 31, 2015
Amendment Flag	false
Current Fiscal Year End Date	--01-31
Entity a Well-known Seasoned Issuer	No
Entity a Voluntary Filer	No
Entity's Reporting Status Current	Yes
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		58,319,100
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2016

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STOCKHOLDERS' EQUITY (Tables)

9 Months Ended

Oct. 31, 2015

Stockholders Equity Tables

Fair value of the option grant

	July 31, 2011
Expected option life (year)		8
Expected volatility		58.62	%*
Expected dividends		0.00	%
Risk-free rate(s)		2.32	%

Summary of compensation expense

Date	Value on Date   of Grant		Expense Reported		Expense projected	True-up Amount			Cumulative Reported Expense		Unrecognized Compensation		Weighted Average Period  to Recognize
7/30/2011		504,024										504,024		7.0
1/31/2012				16,053						31,933		472,091		6.5
1/31/2013				61,132			(43	)		95,065		408,959		5.5
1/31/2014				62,891			43			157,957		346,067		4.5
1/31/2015				62,941						220,898		283,126		3.5
4/30/2015				15,865						236,763		267,261		3.25
7/31/2015				15,550						252,313		251,711		3.0
10/31/2015				251,711						504,024		-		-

Stock option activities

	Number of Option Shares		Exercise Price Range Per Share		Weighted Average Exercise Price		Fair Value at Date of Grant		Aggregate Intrinsic Value
Balance, February 1, 2014		8,000,000	$	0.10	$	0.10	$	504,024	$	-
Granted		-		-		-				-
Canceled		-		-		-				-
Exercised		-		-		-				-
Expired		-		-		-				-
Balance, January 31, 2015		8,000,000	$	0.10	$	0.10	$	504,024	$	-
Vested and exercisable, January 31, 2015		2,000,000	$	0.10	$	0.10		-	$	-
Unvested, January 31, 2015		6,000,000	$	0.10	$	0.10		-	$	-
Vested and exercisable, August 22, 2015		6,000,000	$	0.10	$	0.10		-	$	-
Unvested, October 31, 2015		-	$	-	$	-		-	$	-
Expired, November 22, 2015		8,000,000	$	0.10	$	0.10		-	$	-

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STATEMENTS OF OPERATIONS (unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2015	Oct. 31, 2014
Statements Of Operations
REVENUE
OPERATING EXPENSES:
Professional Fees	$ 50,250	$ 2,348	$ 64,510	$ 7,036
Stock Compensation-Stock Options	251,710	15,865	283,125	47,077
General and Administrative	2,371	42	6,985	57
TOTAL OPERATING EXPENSES	304,331	18,255	354,620	54,170
LOSS FROM OPERATIONS	$ (304,331)	(18,255)	(354,620)	(54,170)
OTHER INCOME (EXPENSES)
Imputed Interest Expense		(1,452)	(868)	(4,307)
Interest Expense-Beneficial Conversion		(1,281)	(917)	(3,586)
TOTAL OTHER INCOME (EXPENSES), NET		(2,733)	(1,785)	(7,893)
LOSS BEFORE INCOME TAXES	$ (304,331)	$ (20,988)	$ (356,405)	$ (62,063)
INCOME TAXES
NET LOSS	$ (304,331)	$ (20,988)	$ (356,405)	$ (62,063)
Net Loss Per Common Share - basic & diluted	$ (0.00)	$ 0.00	$ 0.00	$ 0.00
Weighted Average Common Shares Outstanding:	58,319,100	33,570,000	53,242,362	33,570,000

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CONVERTIBLE NOTE PAYABLE

9 Months Ended

Oct. 31, 2015

Notes to Financial Statements

Note 6. CONVERTIBLE NOTE PAYABLE

On September 15, 2013, $164,994 of shareholder advances payable to the Company's sole officer and majority owner were re-structured into two notes in equal amounts of $82,497, each convertible into the Company's common stock at rates of $0.005 and $0.01 per share respectively. They are convertible on demand of the holder, bear no interest, have a maturity date of September 15, 2023.

The Company discounted the non-interest bearing note at 3.24% interest rate, in accordance with the Applicable Federal Rate. Based on the intrinsic value of the conversion feature, the Company determined that there was a beneficial conversion feature associated with two notes payable. As a result of the beneficial conversion feature exceeding the proceeds received from the promissory notes, management discounted the notes 100% as a debt discount and will amortize this discount over the 10-year lives of the notes on the interest rate method.

The two notes in equal amounts of $82,497 were converted by the new controlling shareholder on March 29, 2015 into 16,499,400 shares of common stock at $0.005 per share and 8,249,700 shares of common stock at $0.01 per share. Total debt discount of $7,447 was amortized from issuance of convertible note to the day the notes was converted.

The interest expense amortized for the nine months ended October 31, 2015 and 2014 were $917 and $3,586, respectively.

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RELATED PARTY TRANSACTIONS

9 Months Ended

Oct. 31, 2015

Notes to Financial Statements

Note 5. RELATED PARTY TRANSACTIONS

Shareholder Advances

In support of the Company's efforts and cash requirements, the Company has relied on advances from the majority shareholder and sole officer until such time that the Company can support its operations or attain adequate financing through sales of its equity or traditional debt financing. There is no formal written commitment for continued support by this shareholder. Shareholder advances were used to fund current operating expenses through advances or amounts paid on behalf of the Company in satisfaction of liabilities.

During the nine months ended October 31, 2015 and 2014, the Company's sole officer advanced a total of $73,044 and $6,942, respectively. Shareholder advances outstanding was $64,550 at October 31, 2015, and $21,967 at January 31, 2015, respectively. Shareholder advances totaling $30,707 were contributed as paid-in capital by our former controlling shareholder for the nine months ended October 31, 2015.

Shareholder advances are non-interest bearing. The Company had recognized imputed interest expense on advances, in the amounts of $868 and $4,307 for the nine months ended October 31, 2015 and 2014, respectively. These amounts were recognized as interest expense and a corresponding contribution to capital.

Convertible Notes Payable

On September 15, 2013, $164,994 of shareholder advances payable to the Company's former sole officer and majority owner were re-structured into two notes in equal amounts of $82,497, each convertible into the Company's common stock at rates of $0.005 and $0.01 per share respectively. The notes are convertible on demand of the holder, bear no interest, and have a maturity date of September 15, 2023. The two notes in equal amounts of $82,497 were converted by the new controlling shareholder on March 29, 2015 into 16,499,400 shares of common stock at $0.005 per share and 8,249,700 shares of common stock at $0.01 per share. (For more information, please refer to Note 6.)

Equity

In 2011, the Company issued an option to purchase 8,000,000 common shares at $0.10 per share, to an officer of the Company for compensation. (For more information, please refer to Note 7.)

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GOING CONCERN (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2015	Oct. 31, 2014	Jan. 31, 2015	Jan. 31, 2014
Going Concern Details Narrative
Accumulated deficit	$ (2,377,324)		$ (2,377,324)		$ (2,020,919)
Net loss	$ (304,331)	$ (20,988)	$ (356,405)	$ (62,063)	$ (84,793)	$ (88,848)

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INCOME TAXES (Tables)

9 Months Ended

Oct. 31, 2015

Income Taxes Tables

Deferred tax assets

	October 31, 2015			January 31, 2015
Deferred tax asset, generated from net operating loss at statutory rates	$	356,599		$	303,100
Valuation allowance		(356,599	)		(303,100	)
	$	-		$	-

Reconciliation of the effective income tax rate to the federal statutory rate

Federal income tax rate	15.0	%
Increase in valuation allowance	(15.0	)%
Effective income tax rate	0.0	%

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SUBSEQUENT EVENTS

9 Months Ended

Oct. 31, 2015

Notes to Financial Statements

Note 9. SUBSEQUENT EVENTS

Management has evaluated subsequent events through the date the financial statements were issued. Based on our evaluation, no events have occurred requiring adjustment or disclosure.

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STOCKHOLDERS' EQUITY

9 Months Ended

Oct. 31, 2015

Notes to Financial Statements

Note 7. STOCKHOLDERS' EQUITY

On February 20, 2015, the majority shareholders voted on and approved an increase of the number of authorized common shares from 100,000,000 to 500,000,000 and a decrease in par value from $0.001 to $0.00001. The majority shareholders also voted on and approved a designation of 10,000,000 preferred shares with noseries and a par value of $0.00001. The financial statements presented have been retroactively restated to present the change in authorized and par value.

Equity – Common Stock

On March 29, 2015, the Company issued 16,499,400 shares at $0.005 a share and totaling $82,497 and 8,249,700 shares at $0.01 a share and totaling $82,497 as conversions of two promissory notes payable for past advances and loans. See Note 5.

Equity – Additional Paid-In Capital

The Company had recognized imputed interest expense on advances, in the amounts of $868 and $4,307 for the nine months ended October 31, 2015 and 2014, respectively. These amounts were recognized as interest expense and a corresponding contribution to capital.

Stock options

On July 30, 2011, the Company issued an option to purchase 8,000,000 common shares to an officer of the Company in consideration for services at $0.10 per share valued at nil on the date of grant as compensation.

The fair value of the option grant estimated on the date of grant uses the Black-Scholes option-pricing model with the following weighted-average assumptions:

	July 31, 2011
Expected option life (year)		8
Expected volatility		58.62	%*
Expected dividends		0.00	%
Risk-free rate(s)		2.32	%

_______________

*As a thinly traded public entity, it is not practicable for the Company to estimate the expected volatility of its share price. The Company selected two (2) comparable companies to calculate the expected volatility. The Company calculated two (2) comparable companies' historical volatility over the expect life of the share options of eight (8) years and averaged the two (2) comparable companies' historical volatility as its expected volatility.

The fair value of the stock options issued on July 31, 2011 using the Black-Scholes Option Pricing Model was $504,024 at the date of grant. On August 22, 2015, all the remaining unvested stock options became vested. For the periods ended October 31 and January 31, 2015, $283,125 and $62,892 respectively, was recognized as compensation expense for stock options issued.

Summary of Compensation Expense - Options

Date	Value on Date   of Grant		Expense Reported		Expense projected	True-up Amount			Cumulative Reported Expense		Unrecognized Compensation		Weighted Average Period  to Recognize
7/30/2011		504,024										504,024		7.0
1/31/2012				16,053						31,933		472,091		6.5
1/31/2013				61,132			(43	)		95,065		408,959		5.5
1/31/2014				62,891			43			157,957		346,067		4.5
1/31/2015				62,941						220,898		283,126		3.5
4/30/2015				15,865						236,763		267,261		3.25
7/31/2015				15,550						252,313		251,711		3.0
10/31/2015				251,711						504,024		-		-

Summary of stock option activities for the nine months ended October 31, 2015:

	Number of Option Shares		Exercise Price Range Per Share		Weighted Average Exercise Price		Fair Value at Date of Grant		Aggregate Intrinsic Value
Balance, February 1, 2014		8,000,000	$	0.10	$	0.10	$	504,024	$	-
Granted		-		-		-				-
Canceled		-		-		-				-
Exercised		-		-		-				-
Expired		-		-		-				-
Balance, January 31, 2015		8,000,000	$	0.10	$	0.10	$	504,024	$	-
Vested and exercisable, January 31, 2015		2,000,000	$	0.10	$	0.10		-	$	-
Unvested, January 31, 2015		6,000,000	$	0.10	$	0.10		-	$	-
Vested and exercisable, August 22, 2015		6,000,000	$	0.10	$	0.10		-	$	-
Unvested, October 31, 2015		-	$	-	$	-		-	$	-
Expired, November 22, 2015		8,000,000	$	0.10	$	0.10		-	$	-

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INCOME TAXES

9 Months Ended

Oct. 31, 2015

Notes to Financial Statements

NOTE 8. INCOME TAXES

The Company has not recognized an income tax benefit for its domestic operating losses based on uncertainties concerning its ability to generate taxable income in future periods. The tax benefit for the periods presented is offset by a valuation allowance established against deferred tax assets arising from the net operating losses and other temporary differences, the realization of which could not be considered more likely than not. In future periods, tax benefits and related deferred tax assets will be recognized when management considers realization of such amounts to be more likely than not.

As of October 31 and January 31, 2015, the Company had incurred domestic net losses of $2,377,324 and $2,020,919, which constitute net operating losses for income tax purposes and results in a deferred tax asset. NOLs begin expiring in 2025. The losses result in a deferred tax asset and an equal valuation allowance of: 

	October 31, 2015			January 31, 2015
Deferred tax asset, generated from net operating loss at statutory rates	$	356,599		$	303,100
Valuation allowance		(356,599	)		(303,100	)
	$	-		$	-

The reconciliation of the effective income tax rate to the federal statutory rate is as follows:

Federal income tax rate	15.0	%
Increase in valuation allowance	(15.0	)%
Effective income tax rate	0.0	%

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SIGNIFICANT ACCOUNTING POLICIES (Policies)

9 Months Ended

Oct. 31, 2015

Significant Accounting Policies Policies

Basis of presentation

The accompanying unaudited financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America for interim financial information and with the instructions to Form 10-Q and Regulation S-X. Accordingly, these condensed financial statements do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments considered necessary for a fair presentation have been included and such adjustments are of a normal recurring nature. These financial statements should be read in conjunction with the financial statements for the year ended January and the notes thereto.

The results of operations for the nine month period ended October 31, 2015 are not necessarily indicative of the results for the full fiscal year ending January 31, 2016.

Use of estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates.

Fiscal year end

The Company upon its formation elected January 31 as its fiscal year.

Cash equivalents

The Company considers all highly liquid investments with maturities of three months or less at the time of purchase to be cash equivalents. Cash and cash equivalents were $ Nil and $16 at October 31, 2015 and January 31, 2015, respectively.

Cash flows reporting

The Company follows ASC 230, Statement of Cash Flows, for cash flows reporting, classifies cash receipts and payments according to whether they stem from operating, investing, or financing activities and provides definitions of each category, and uses the indirect or reconciliation method ("Indirect method") as defined by ASC 230 to report net cash flow from operating activities by adjusting net income to reconcile it to net cash flow from operating activities by removing the effects of (a) all deferrals of past operating cash receipts and payments and all accruals of expected future operating cash receipts and payments and (b) all items that are included in net income that do not affect operating cash receipts and payments. The Company reports the reporting currency equivalent of foreign currency cash flows, using the current exchange rate at the time of the cash flows and the effect of exchange rate changes on cash held in foreign currencies is reported as a separate item in the reconciliation of beginning and ending balances of cash and cash equivalents and separately provides information about investing and financing activities not resulting in cash receipts or payments in the period.

Commitments and contingencies

The Company follows ASC 450-20, Loss Contingencies, to report accounting for contingencies. Liabilities for loss contingencies arising from claims, assessments, litigation, fines and penalties and other sources are recorded when it is probable that a liability has been incurred and the amount of the assessment can be reasonably estimated. There were no commitments or contingencies at October 31, 2015 and January 31, 2015.

Fair value of financial instruments

The Company's balance sheet includes financial instruments, including cash, accounts payable, accrued expenses, amounts due to related party and convertible notes payable to a related party. The carrying amounts of current assets and current liabilities approximate their fair value because of the relatively short period of time between the origination of these instruments and their expected realization.

ASC 820, Fair Value Measurements and Disclosures, defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy that distinguishes between (1) market participant assumptions developed based on market data obtained from independent sources (observable inputs) and (2) an entity's own assumptions about market participant assumptions developed based on the best information available in the circumstances (unobservable inputs). The fair value hierarchy consists of three broad levels, which gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three levels of the fair value hierarchy are described below:

Level 1	Quoted market prices available in active markets for identical assets or liabilities as of the reporting date.
Level 2	Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date.
Level 3	Pricing inputs that are generally observable inputs and not corroborated by market data.

Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of January 31, 2015. The respective carrying value of certain on-balance-sheet financial instruments approximated their fair values due to the short-term nature of these instruments. These financial instruments consist of accrued expenses and shareholder loans.

Deferred Income taxes and valuation allowance

We follow ASC 740, Income Taxes. We record deferred tax assets and liabilities for future income tax consequences that are attributable to differences between financial statement carrying amounts of assets and liabilities and their income tax bases. The measurement of deferred tax assets and liabilities is based on enacted tax rates that are expected to apply to taxable income in the year when settlement or recovery of those temporary differences is expected to occur. We recognize the effect on deferred tax assets and liabilities of any change in income tax rates in the period that includes the enactment date. We record a valuation allowance to reduce deferred tax assets if it is more likely than not that some portion or all of the deferred tax assets will not be realized.

A tax benefit from an uncertain tax position may be recognized only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities. The determination is based on the technical merits of the position and presumes that the relevant taxing authority that has full knowledge of all relevant information will examine each uncertain tax position. Although we believe the estimates are reasonable, no assurance can be given that the final outcome of these matters will not be different than what is reflected in the historical income tax provisions and accruals.

There were no recognized deferred tax assets or liabilities at October 31, 2015 or January 31, 2015.

Earnings (Loss) per share

The Company computes basic and diluted earnings per share amounts in accordance with ASC Topic 260, Earnings per Share. Basic earnings per share is computed by dividing net income (loss) available to common shareholders by the weighted average number of common shares outstanding during the reporting period. Diluted earnings per share reflects the potential dilution that could occur if stock options and other commitments to issue common stock were exercised or equity awards vest resulting in the issuance of common stock that could share in the earnings of the Company.

The following table shows the number of potentially outstanding dilutive shares excluded from the diluted net loss per share calculation for the three and nine months ended October 31, 2015 and 2014 as they were anti-dilutive.

	Three months Ended				Nine months Ended
	October 31, 2015		October 31, 2014		October 31, 2015		October 31, 2014
Stock options issued on July 30, 2011		8,000,000		8,000,000		8,000,000		8,000,000
Convertible notes issued on September 15, 2013		-		24,749,100		-		24,749,100
Total potentially outstanding dilutive shares		8,000,000		24,749,100		8,000,000		24,749,100

Related parties

The Company follows ASC 850, Related Party Disclosures, for the identification of related parties and disclosure of related party transactions.

Share-based Expense

ASC 718, Compensation– Stock Compensation, prescribes accounting and reporting standards for all share-based payment transactions in which employee services are acquired. Transactions include incurring liabilities, or issuing or offering to issue shares, options, and other equity instruments such as employee stock ownership plans and stock appreciation rights. Share-based payments to employees, including grants of employee stock options, are recognized as compensation expense in the financial statements based on their fair values at the date of grant.

All transactions in which goods or services are the consideration received for the issuance of equity instruments are accounted for based on the fair value of the consideration received or the fair value of the equity instrument issued, whichever is more reliably measurable. The measurement date used to determine the fair value of the equity instruments issued is the earlier of the date on which the performance is complete or the date on which it is probable that performance will occur.

The fair value of share options or similar instrument awards is estimated on the date of grant using a Black-Scholes option-pricing valuation model. The ranges of assumptions for inputs are as follows:

· Expected term of share options and similar instruments: Pursuant to Paragraph 718-10-50-2 of the FASB Accounting Standards Codification, the expected term of share options and similar instruments represents the period of time the options and similar instruments are expected to be outstanding, taking into consideration of the contractual term of the instruments and employees' expected exercise and post-vesting employment termination behavior into the fair value (or calculated value) of the instruments. The Company will use historical data to estimate employee behavior after termination. The contractual term of share options or similar instruments is used as expected term of share options or similar instruments for the Company if it is a thinly traded public entity.

· Expected volatility of the entity's shares and the method used to estimate it. An entity that uses a method that employs different volatilities during the contractual term shall disclose the range of expected volatilities used and the weighted-average expected volatility. A thinly-traded or nonpublic entity that uses the calculated value method shall disclose the reasons why it is not practicable for it to estimate the expected volatility of its share price, the appropriate industry sector index that it has selected, the reasons for selecting that particular index, and how it has calculated historical volatility using that index. The Company uses the average historical volatility of the comparable companies over the expected contractual life of the share options or similar instruments as its expected volatility. If shares of a company are thinly traded, the use of weekly or monthly price observations would generally be more appropriate than the use of daily price observations as the volatility calculation using daily observations for such shares could be artificially inflated due to a larger spread between the bid and asked quotes and lack of consistent trading in the market.

· Expected dividends. An entity that uses a method that employs different dividend rates during the contractual term shall disclose the range of expected dividends used and the weighted-average expected dividends. The expected dividend yield is based on the Company's current dividend yield as the best estimate of projected dividend yield for periods within the expected contractual life of the option.

· Risk-free rate(s). An entity that uses a method that employs different risk-free rates shall disclose the range of risk-free rates used. The risk-free interest rate is based on the U.S. Treasury yield curve in effect at the time of grant for periods within the contractual life of the option.

The Company's policy is to recognize compensation cost for awards with only service conditions and a graded vesting schedule on a straight-line basis over the requisite service period for the entire award.

The Company accounts for stock-based compensation issued to non-employees and consultants in accordance with the provisions of ASC 505-50, Equity–based Payments to Non-Employees. Measurement of share-based payment transactions with non-employees is based on the fair value of whichever is more reliably measurable: (a) the goods or services received; or (b) the equity instruments issued. The fair value of the share-based payment transaction is determined at the earlier of performance commitment date or performance completion date.

Share-based expense for the nine months ended October 31, 2015 and 2014 were $283,125 and $31,212, respectively.

Risks and Uncertainties

The Company's operations are subject to significant risks and uncertainties including financial, operational and regulatory risks, including the potential risk of business failure.

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SIGNIFICANT ACCOUNTING POLICIES (Details) - shares	3 Months Ended		9 Months Ended
	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2015	Oct. 31, 2014
Significant Accounting Policies Details
Stock options issued on July 30, 2011	8,000,000	8,000,000	8,000,000	8,000,000
Convertible notes issued on September 15, 2013		24,749,100		24,749,100
Total potentially outstanding dilutive shares	8,000,000	24,749,100	8,000,000	24,749,100

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STOCKHOLDERS' EQUITY (Details)	6 Months Ended
	Jul. 31, 2011
Stockholders Equity Details
Expected option life (year)	8 years
Expected volatility	58.62%
Expected dividends	0.00%
Risk-free rate(s)	2.32%

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STATEMENTS OF STOCKHOLDERS' DEFICIT (unaudited) - USD ($)	Common Stock	Additional Paid-In Capital	Accumulated Deficit	Total
Beginning Balance, Shares at Jan. 31, 2013	33,570,000
Beginning Balance, Amount at Jan. 31, 2013	$ 336	$ 1,693,165	$ (1,845,695)	$ (152,194)
Interest as in-kind contribution		4,207		4,207
Stock options expense		62,892		62,892
Beneficial conversion		164,994		164,994
Net Loss			(88,848)	(88,848)
Ending Balance, Shares at Jan. 31, 2014	33,570,000
Ending Balance, Amount at Jan. 31, 2014	$ 336	1,925,258	(1,936,126)	(10,532)
Interest as in-kind contribution		590		590
Stock options expense		62,942		62,942
Net Loss			(84,793)	(84,793)
Ending Balance, Shares at Jan. 31, 2015	33,570,000
Ending Balance, Amount at Jan. 31, 2015	$ 336	1,988,790	(2,020,919)	(31,793)
Issuance of stock for promissory notes, Shares	24,719,100
Issuance of stock for promissory notes, Amount	$ 247	7,200		7,447
Interest as in-kind contribution		868		868
Stock options expense		283,126		283,126
Forgiveness related party advance		30,707		30,707
Net Loss			(356,405)	(356,405)
Ending Balance, Shares at Oct. 31, 2015	58,319,100
Ending Balance, Amount at Oct. 31, 2015	$ 583	$ 2,310,691	$ (2,377,324)	$ (66,050)

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RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS

9 Months Ended

Oct. 31, 2015

Notes to Financial Statements

Note 4. RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS

In July 2015, the FASB issued ASU No. 2015-11, Simplifying the Measurement of Inventory, which modifies existing requirements regarding measuring inventory at the lower of cost or market. Under existing standards, the market amount requires consideration of replacement cost, net realizable value (NRV), and NRV less an approximately normal profit margin. The new ASU replaces market with NRV, defined as estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. This eliminates the need to determine and consider replacement cost or NRV less an approximately normal profit margin when measuring inventory. The amendments are effective for the annual period ending after December 15, 2016, and for annual and interim periods thereafter. Early application is permitted. The Company is currently assessing this ASU's impacts on the Company's consolidated results of operations and financial condition.

In April 2015, FASB issued Accounting Standards Update (ASU) No. 2015-03, Consolidation (Topic 810). The amendments in this update are effective for fiscal years and interim periods within those fiscal years, beginning after December 15, 2015. The amendments in this update simplify the codification by requiring that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct reduction form the carrying amount of the related debt liability. This treatment is consistent with the treatment of debt discounts. Recognition and measurement guidance for debt issuance costs remain unchanged by this update. Early adoption is permitted, but not required; for financial statements that have not been previously issued. At this time we are not early adopting. As the objective of this standard is to reduce cost and complexity and alleviate uncertainty while maintaining or improving the usefulness of information provided to the users of financials statements, the adoption of this standard is not expected to impact our financial position or results of operations.

In February 2015, FASB issued Accounting Standards Update (ASU) No. 2015-03, Interest - Imputation of Interest (Subtopic 835-30). The amendments in this update are effective for fiscal years and interim periods within those fiscal years, beginning after December 15, 2015. The amendments in this update simplify the codification and reduce the number of consolidation models by eliminating the indefinite deferral of Statement 167 and placing more emphasis on the risk of loss when determining controlling financial interests. Early adoption is permitted, but not required; at this time we are not early adopting. As the objective of this standard is to reduce cost and complexity and alleviate uncertainty while maintaining or improving the usefulness of information provided to the users of financials statements, the adoption of this standard is not expected to impact our financial position or results of operations.

In February 2015, FASB issued Accounting Standards Update (ASU) No. 2015-02, Consolidation (Topic 810). The amendments in this update are effective for fiscal years and interim periods within those fiscal years, beginning after December 15, 2015. The amendments in this update simplify the codification and reduce the number of consolidation models by eliminating the indefinite deferral of Statement 167 and placing more emphasis on the risk of loss when determining controlling financial interests. Early adoption is permitted, but not required. As the objective of this standard is to reduce cost and complexity and alleviate uncertainty while maintaining or improving the usefulness of information provided to the users of financials statements, the adoption of this standard is not expected to impact our financial position or results of operations.

In January 2015, FASB issued Accounting Standards Update (ASU) No. 2015-01, Income Statement - Extraordinary and Unusual Items (Subtopic 225-20). This update eliminates from GAAP the concept of extraordinary items. The amendments in this update are effective for fiscal years and interim periods within those fiscal years, beginning after December 15, 2015. The amendment may be applied both prospectively and retrospectively. Early adoption is permitted, but not required; as long as the standard is applied from the beginning of the fiscal year of adoption. As the objective of this standard is to reduce cost and complexity and alleviate uncertainty while maintaining or improving the usefulness of information provided to the users of financials statements, the adoption of this standard is not expected to impact our financial position or results of operations.

The Company believes that there were no other accounting standards recently issued that had or are expected to have a material impact on our financial position or results of operations.

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STOCKHOLDERS' EQUITY (Details 1)	9 Months Ended
	Oct. 31, 2015 USD ($)
Compensation Expense 1 [Member]
Compensation expense date	Jul. 30, 2011
Projected Fair Value on Date of Grant	$ 504,024
Expense Reported
Expense Projected
True-Up Amount
Cumulative Reported Expense
Unrecognized Compensation	$ 504,024
Weighted Average Period to Recognize Unrecognized Compensation (years)	7 years
Compensation Expense 2 [Member]
Compensation expense date	Jan. 31, 2012
Projected Fair Value on Date of Grant
Expense Reported	$ 16,053
Expense Projected
True-Up Amount
Cumulative Reported Expense	$ 31,933
Unrecognized Compensation	$ 472,091
Weighted Average Period to Recognize Unrecognized Compensation (years)	6 years 6 months
Compensation Expense 3 [Member]
Compensation expense date	Jan. 31, 2013
Projected Fair Value on Date of Grant
Expense Reported	$ 61,132
Expense Projected
True-Up Amount	$ (43)
Cumulative Reported Expense	95,065
Unrecognized Compensation	$ 408,959
Weighted Average Period to Recognize Unrecognized Compensation (years)	5 years 6 months
Compensation Expense 4 [Member]
Compensation expense date	Jan. 31, 2014
Projected Fair Value on Date of Grant
Expense Reported	$ 62,891
Expense Projected
True-Up Amount	$ 43
Cumulative Reported Expense	157,957
Unrecognized Compensation	$ 346,067
Weighted Average Period to Recognize Unrecognized Compensation (years)	4 years 6 months
Compensation Expense 5 [Member]
Compensation expense date	Jan. 31, 2015
Projected Fair Value on Date of Grant
Expense Reported	$ 62,941
Expense Projected
True-Up Amount
Cumulative Reported Expense	$ 220,898
Unrecognized Compensation	$ 283,126
Weighted Average Period to Recognize Unrecognized Compensation (years)	3 years 6 months
Compensation Expense 6 [Member]
Compensation expense date	Apr. 30, 2015
Projected Fair Value on Date of Grant
Expense Reported	$ 15,865
Expense Projected
True-Up Amount
Cumulative Reported Expense	$ 236,763
Unrecognized Compensation	$ 267,261
Weighted Average Period to Recognize Unrecognized Compensation (years)	3 years 3 months
Compensation Expense 7 [Member]
Compensation expense date	Jul. 31, 2015
Projected Fair Value on Date of Grant
Expense Reported	$ 15,550
Expense Projected
True-Up Amount
Cumulative Reported Expense	$ 252,313
Unrecognized Compensation	$ 251,711
Weighted Average Period to Recognize Unrecognized Compensation (years)	3 years
Compensation Expense 8 [Member]
Compensation expense date	Oct. 31, 2015
Projected Fair Value on Date of Grant
Expense Reported	$ 251,711
Expense Projected
True-Up Amount
Cumulative Reported Expense	$ 504,024
Unrecognized Compensation

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ORGANIZATION (Details Narrative)	9 Months Ended
	Oct. 31, 2015
Organization Details Narrative
Company incorporation state	State of Delaware
Company Incorporation Date	Feb. 02, 2005