0001213900-11-001280.txt : 20110314 0001213900-11-001280.hdr.sgml : 20110314 20110314173038 ACCESSION NUMBER: 0001213900-11-001280 CONFORMED SUBMISSION TYPE: 10-K/A PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20100630 FILED AS OF DATE: 20110314 DATE AS OF CHANGE: 20110314 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIRST QUANTUM VENTURES INC CENTRAL INDEX KEY: 0001409197 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] IRS NUMBER: 204743354 STATE OF INCORPORATION: NV FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 10-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 000-52759 FILM NUMBER: 11686481 BUSINESS ADDRESS: STREET 1: 2101 VISTA PKWY STE 292 CITY: WEST PALM BEACH STATE: FL ZIP: 33411 BUSINESS PHONE: 561-228-6148 MAIL ADDRESS: STREET 1: 2101 VISTA PKWY STE 292 CITY: WEST PALM BEACH STATE: FL ZIP: 33411 FORMER COMPANY: FORMER CONFORMED NAME: First Quantum Ventures Inc DATE OF NAME CHANGE: 20070808 10-K/A 1 f10k2010a1_firstquantum.htm AMENDED ANNUAL REPORT f10k2010a1_firstquantum.htm
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
Form 10-K Abbreviated Amendment No. 1
 
(Mark One)
 
x      ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 
For the fiscal year ended June 30, 2010
 
o    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 000-52759
 
 
FIRST QUANTUM VENTURES, INC.
(Name of small business issuer in its charter)
 
Nevada
  
20-4743354
(State or other jurisdiction ofincorporation or organization)
  
(I.R.S. EmployerIdentification No.)
 
 2101 Vista Parkway., Suite 292
West Palm Beach, Florida
    33411
 (Address of principal executive offices)
  
(Zip Code)
 
Issuer’s telephone number:    (561) 228-6148
 
Securities registered pursuant to Section 12(b) of the Exchange Act:
None
 
Securities registered pursuant to Section 12(g) of the Exchange Act:
Common Stock, Par Value $0.001 Per Share

This abbreviated Amendment No. 1 is being filed pursuant to a February 28, 2011, comment letter from the Securities & Exchange Commission.
 
 
 
 

 
Item 9A. Controls and Procedures

Management’s Report on Internal Control Over Financial Reporting

(a)   Evaluation of Disclosure Controls and Procedures

Management of the Company with the participation of the Chief Executive Officer and Chief Financial Officer, conducted an evaluation of the effectiveness of the Company’s disclosure controls and procedures (as such term is defined in Rule 13a-15(e) and Rule 15d-15(e) under the Securities Exchange Act of 1934) pursuant to Rule 13a-15 under the Exchange Act.  The Company’s disclosure controls and procedures are designed to ensure that information required to be disclosed by the Company in the reports it files or submits under the Exchange Act is recorded, processed, summarized and reported on a timely basis and that such information is communicated to management, including the Chief Executive Officer, Chief Financial Officer and the Company’s Board of Directors, to allow timely decisions regarding required disclosure.

Based upon that evaluation, the Chief Executive Officer and Chief Financial Officer concluded that the Company’s disclosure controls and procedures were not effective as of June 30, 2010. As a result we have made modifications to our disclosure controls and procedures with the expectation that these changes will ensure that the reports filed by the Company contain the proper disclosure.

SIGNATURES

In accordance with the Exchange Act, this report has been signed below by the following persons on our behalf and in the capacities and on the dates indicated.
 
  First Quantum Ventures, Inc.
  (Registrant)
     
Date: March 14, 2011 
By:
/s/ Andrew Godfrey
    Andrew Godfrey, President and Chairman
     
     
 
Pursuant to the requirements of the Exchange Act, this Report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.
 
Signature
  
Title
  
Date
         
/s/ Andrew Godfrey  
  
President & Chairman   
  
March 14, 2010
Andrew Godfrey
        
 
 
 
      


 EX-31.1 2 f10k2010a1ex31_firstquantum.htm CERTIFICATION f10k2010a1ex31_firstquantum.htm
 


EXHIBIT 31.1
 
OFFICER’S CERTIFICATION PURSUANT TO SECTION 302 OF SARBANES OXLEY ACT

I, Andrew Godfrey­­­­­­­­­­­­­­­­­­­­­­­­­­, certify that:
 
1.
I have reviewed this annual report on Form 10-K for the year ended June 30, 2010, of First Quantum Ventures, Inc.;
 
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 present in this report.
 
4.
I am 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)) 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 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.
 
5.
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 data and have identified for issuer’s auditors any material weaknesses in internal controls; and
 
 
b)
Any fraud, whether or not material, that involved management or other employees who have a significant role in the registrant’s internal controls over financial reporting.
 
 
       
Date: March 14, 2010
By:
/s/ Andrew Godfrey  
    Andrew Godfrey  
   
Chief Executive Officer
Chief Financial Officer