-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, SJnZZd9eU5aTZ+Gf+LxBZX5d3bu8g+5CjScFylEkU5dp1T/WHOkJ+x132WJaIpex IzAiC3IfLmXVTzpkZ3ukOg== 0001255294-09-000273.txt : 20090515 0001255294-09-000273.hdr.sgml : 20090515 20090514183349 ACCESSION NUMBER: 0001255294-09-000273 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20090331 FILED AS OF DATE: 20090515 DATE AS OF CHANGE: 20090514 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Mojo Shopping Inc CENTRAL INDEX KEY: 0001414953 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-RETAIL STORES, NEC [5990] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 333-148190 FILM NUMBER: 09828270 BUSINESS ADDRESS: STREET 1: PO BOX 778176 CITY: HENDERSON STATE: NV ZIP: 89077 BUSINESS PHONE: 866-699-6656 MAIL ADDRESS: STREET 1: PO BOX 778176 CITY: HENDERSON STATE: NV ZIP: 89077 10-Q 1 mainbody.htm MAINBODY mainbody.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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 March 31, 2009
   
[  ]
Transition Report pursuant to 13 or 15(d) of the Securities Exchange Act of 1934
   
 
For the transition period __________ to __________
   
 
Commission File Number: 333-148190

Mojo Shopping, Inc.
(Exact name of small business issuer as specified in its charter)

Delaware
26-0884348
(State or other jurisdiction of incorporation or organization)
(IRS Employer Identification No.)

PO Box 778176, Henderson, NV 89077
(Address of principal executive offices)

866-699-6656
(Issuer’s telephone number)
 
1505 Dusty Canyon Street, Henderson, NV 89052
(Former name, former address and former fiscal year, if changed since last report)

Check whether the issuer (1) 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 issuer was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days [X] Yes    [ ] No

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
[X] Smaller reporting company
 

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

State the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date:  4,520,000 common shares as of May 12, 2009.
 

 
 
PART I - FINANCIAL INFORMATION

Item 1.     Financial Statements



These financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and the SEC instructions to Form 10-Q.  In the opinion of management, all adjustments considered necessary for a fair presentation have been included.  Operating results for the interim period ended March 31, 2009 are not necessarily indicative of the results that can be expected for the full year.
 
MOJO SHOPPING, INC.
(A Development Stage Company)
Consolidated Balance Sheets
 
 
March 31,
2009
 
September 30,
2008
ASSETS
(Unaudited)
   
       
CURRENT ASSETS
     
       
Cash and cash equivalents
$ 237   $ 248
           
Total Current Assets
  237     248
           
SOFTWARE, net
  149     173
           
OTHER ASSETS
         
           
Deposits
  348     348
           
TOTAL ASSETS
$ 734   $ 769
           
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
         
           
CURRENT LIABILITIES
         
           
Accounts payable and accrued expenses
$ 64,258   $ 53,116
Due to officer
  2,224     224
           
Total Current Liabilities
  66,482     53,340
           
STOCKHOLDERS' EQUITY (DEFICIT)
         
           
Preferred stock, $0.001 par value, 10,000,000 shares authorized, no shares issued and outstanding
  -     -
Common stock, $0.001 par value, 90,000,000 shares authorized, 4,520,000 shares issued and outstanding
  4,520     4,520
Additional paid-in capital
  27,080     27,080
Deficit accumulated during the development stage
  (97,348)     (84,171)
           
Total Stockholders' Equity (Deficit)
  (65,748)     (52,571)
           
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
$ 734   $ 769
 
The accompanying notes are an integral part of these financial statements.
F-1

MOJO SHOPPING, INC.
(A Development Stage Company)
Consolidated Statements of Operations
(Unaudited)
 
 
 
 
For the Three Months Ended
March 31,
 
 
 
For the Six Months Ended
March 31,
 
From Inception
on August 2,
2007 Through
March 31,
 
2009
 
2008
 
2009
 
2008
 
2009
                   
REVENUES
                 
Merchandise sales
$ -   $ 92   $ -   $ 1,785   $ 2,507
Sales discounts
  -     -     -     (60)     (60)
                             
Net Revenues
  -     92     -     1,725     2,447
                             
COST OF GOODS SOLD
                           
Cost of goods sold
  -     2,130     36     3,425     4,392
Frieght
  -     -     -     135     272
                             
Total Cost of Goods Sold
  -     2,130     36     3,560     4,664
                             
GROSS PROFIT (LOSS)
  -     (2,038)     (36)     (1,835)     (2,217)
                             
OPERATING EXPENSES
                           
Advertising and promotion
  -     108     -     3,117     11,617
Depreciation and amortization
  12     -     24     -     99
General and administrative
  1,817     12,405     13,147     28,459     83,584
                             
Total Operating Expenses
  1,829     12,513     13,171     31,576     95,300
                             
LOSS FROM OPERATIONS
  (1,829)     (14,551)     (13,207)     (33,411)     (97,517)
                             
OTHER EXPENSES
                           
Interest income
  -     29     -     75     88
Other income
  30     -     30     1     81
                             
Total Other Expenses
  30     29     30     76     169
                             
NET LOSS BEFORE TAXES
  (1,799)     (14,522)     (13,177)     (33,335)     (97,348)
                             
Income taxes
  -     -     -     -     -
                             
NET LOSS
$ (1,799)   $ (14,522)   $ (13,177)   $ (33,335)   $ (97,348)
                             
BASIC LOSS PER COMMON SHARE
$ (0.00)   $ (0.00)   $ (0.00)   $ (0.01)      
                             
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING
  4,520,000     4,520,000     4,520,000     4,520,000      
 
The accompanying notes are an integral part of these financial statements.
F-2

MOJO SHOPPING, INC.
(A Development Stage Company)
Consolidated Statements of Stockholders' Equity (Deficit)
(Unaudited)
 
 
 
 
Common Stock
 
 
Additional
Paid-In
 
Deficit
Accumulated
During
Development
 
 
Total
Stockholders'
Equity
 
Shares
 
Amount
 
Capital
 
Stage
 
(Deficit)
                           
Balance, August 2, 2007
                 -
 
 $
          -
 
 $
            -
 
 $
               -
 
 $
               -
                           
Shares issued at $0.02 per share pursuant to subscription on September 28, 2007
  1,000,000
   
  1,000
   
  19,000
   
               -
   
     20,000
                           
Shares issued at $0.005 per share pursuant to Share Purchase Agreement dated August 31, 2007
     320,000
   
     320
   
    1,280
   
               -
   
       1,600
                           
Shares issued at $0.003 per share pursuant to Share Purchase Agreement dated August 31, 2007
  3,200,000
   
  3,200
   
    6,800
   
               -
   
     10,000
                           
Net loss from inception through September 30, 2007
                 -
   
          -
   
            -
   
    (15,083)
   
    (15,083)
                           
Balance, September 30, 2007
  4,520,000
   
  4,520
   
  27,080
   
    (15,083)
   
     16,517
                           
Net loss for year ended September 30, 2008
                 -
   
          -
   
            -
   
    (69,088)
   
    (69,088)
                           
Balance, September 30, 2008
  4,520,000
   
  4,520
   
  27,080
   
    (84,171)
   
    (52,571)
                           
Net loss for six months ended March 31, 2009
                 -
   
          -
   
            -
   
    (13,177)
   
    (13,177)
                           
Balance, March 31, 2009
  4,520,000
 
$
  4,520
 
$
  27,080
 
$
    (97,348)
 
$
    (65,748)
 
The accompanying notes are an integral part of these financial statements.
F-3

MOJO SHOPPING, INC.
(A Development Stage Company)
Consolidated Statements of Cash Flows
(Unaudited)
 
 
 
 
For the Six Months Ended
March 31,
 
From Inception
on August 2,
2007 Through
March 31,
 
2009
 
2008
 
2009
           
OPERATING ACTIVITIES
         
           
Net loss
$ (13,177)   $ (33,335)   $ (97,348)
Adjustments to Reconcile Net Loss to Net
               
Cash Used by Operating Activities:
               
Depreciation and amortization
  24     -     99
Changes in operating assets and liabilities:
               
Deposits
  -     -     (348)
Accounts payable and accrued expenses
  11,142     17,533     64,258
Due to officer
  2,000     124     2,224
                 
Net Cash Used in Operating Activities
  (11)     (15,678)     (31,115)
                 
INVESTING ACTIVITIES
               
                 
Purchase of software
  -     -     (248)
                 
Net Cash Used in Investing Activities
  -     -     (248)
                 
FINANCING ACTIVITIES
               
                 
Issuance of common stock
  -     -     31,600
                 
Net Cash Provided by Financing Activities
  -     -     31,600
                 
NET DECREASE IN CASH
  (11)     (15,678)     237
                 
CASH AT BEGINNING OF PERIOD
  248     26,436     -
                 
CASH AT END OF PERIOD
$ 237   $ 10,758   $ 237
                 
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
               
                 
CASH PAID FOR:
               
Interest
$ -   $ -   $ -
Income Taxes
$ -   $ -   $ -
 
The accompanying notes are an integral part of these financial statements.
MOJO SHOPPING, INC.
(A Development Stage Company)
Notes to Consolidated Financial Statements
March 31, 2009 and September 30, 2008

1.      CONDENSED FINANCIAL STATEMENTS

The accompanying financial statements have been prepared by the Company without audit.  In the opinion of management, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations and cash flows at
March 31, 2009 and for all periods presented have been made.

Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted. It is suggested that these condensed financial statements be read in conjunction with the financial statements and notes thereto included in the Company's September 30, 2008 audited financial statements.  The results of operations for the periods ended March 31, 2009 and 2008 are not necessarily indicative of the operating results for the full years.

Estimates

The preparation of financial statements in conformity with generally accepted accounting principles 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 those estimates.
 
2.       GOING CONCERN

The accompanying financial statements have been prepared in conformity with generally accepted accounting principle, which contemplate continuation of the Company as a going concern.  However, the Company has accumulated deficit of $97,348 as of March 31, 2009.  The Company currently has limited liquidity, and has not completed its efforts to establish a stabilized source of revenues sufficient to cover operating costs over an extended period of time.

Management anticipates that the Company will be dependent, for the near future, on additional investment capital to fund operating expenses The Company intends to position itself so that it may be able to raise additional funds through the capital markets. In light of management’s efforts, there are no assurances that the Company will be successful in this or any of its endeavors or become financially viable and continue as a going concern.

MOJO SHOPPING, INC.
(A Development Stage Company)
Notes to Consolidated Financial Statements
March 31, 2009 and September 30, 2008

3.       RECENT ACCOUNTING PRONOUNCEMENTS

In June 2008, the FASB issued FASB Staff Position EITF 03-6-1, Determining Whether Instruments Granted in Share-Based Payment Transactions Are Participating Securities, (“FSP EITF 03-6-1”). FSP EITF 03-6-1 addresses whether instruments granted in share-based payment transactions are participating securities prior to vesting, and therefore need to be included in the computation of earnings per share under the two-class method as described in FASB Statement of Financial Accounting Standards No. 128, “Earnings per Share.” FSP EITF 03-6-1 is effective for financial statements issued for fiscal years beginning on or after December 15, 2008 and earlier adoption is prohibited. We are not required to adopt FSP EITF 03-6-1; neither do we believe that FSP EITF 03-6-1 would have material effect on our consolidated financial position and results of operations if adopted.

In May 2008, the Financial Accounting Standards Board (“FASB”) issued SFAS No. 163, “Accounting for Financial Guarantee Insurance Contracts-and interpretation of FASB Statement No. 60”.  SFAS No. 163 clarifies how Statement 60 applies to financial guarantee insurance contracts, including the recognition and measurement of  premium revenue and claims liabilities. This statement also requires expanded disclosures about financial guarantee insurance contracts. SFAS No. 163 is effective for fiscal years beginning on or after December 15, 2008, and interim periods within those years. SFAS No. 163 has no effect on the Company’s financial position, statements of operations, or cash flows at this time.
 
 
Item 2.     Management’s Discussion and Analysis of Financial Condition and Results of Operations

Forward-Looking Statements

Certain statements, other than purely historical information, including estimates, projections, statements relating to our business plans, objectives, and expected operating results, and the assumptions upon which those statements are based, are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.   These forward-looking statements generally are identified by the words “believes,” “project,” “expects,” “anticipates,” “estimates,” “intends,” “strategy,” “plan,” “may,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions.  We intend such forward-looking statements to be covered by the safe-harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and are including this statement for purposes of complying with those safe-harbor provisions.  Forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties which may cause actual results to differ materially from the forward-looking statements. Our ability to predict results or the actual effect of future plans or strategies is inherently uncertain.  Factors which could have a material adverse affect on our operations and future prospects on a consolidated basis include, but are not limited to: changes in economic conditions, legislative/regulatory changes, availability of capital, interest rates, competition, and generally accepted accounting principles. These risks and uncertainties should also be considered in evaluating forward-looking statements and undue reliance should not be placed on such statements.  We undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.  Further information concerning our business, including additional factors that could materially affect our financial results, is included herein and in our other filings with the SEC.

Company Overview

We were incorporated on August 2, 2007, in the state of Delaware for the purpose of developing, promoting, and expanding our online retail business.

Ivona Janieszewski is our President, Secretary, Chief Executive Officer, Chief Financial Officer, and sole director.

At present, we lack the financial resources to operate and have therefore suspended operations indefinitely.  We will need to raise additional funds during the next twelve months in order to resume operations or otherwise execute on our business plan.  In addition, our management will consider other business opportunities should they arise.
 
 
Results of Operations for the three and six months ended March 31, 2009 and 2008 and for the Period from August 2, 2007 (Date of Inception) until March 31, 2009

We generated $0 and $0 of Gross Revenue for the three and six months ended March 31, 2009, compared with $92 and $1,785 of Gross Revenue for the three and six months ended March 31, 2008.  We realized net losses of $1,799 and $13,177 for the three and six months ended March 31, 2009 and $14,522 and $33,335 for the three and six motnhs ended March 31, 2008.  We generated a loss of $93,348 for the period from August 2, 2007 (Date of Inception) until March 31, 2009.

For the three months ended March 31, 2009, we had $0 in sales discounts, Cost of Goods Sold of $0, and Operating Expenses of $1,829. Our net loss for the three months ended March 31, 2009 was substantially less than the net loss for the three months ended March 31, 2008 due to a reduction in our general and administrative expenses.
For the six months ended March 31, 2009, we had $0 in Sales Discounts, Cost of Goods Sold of $36, and Operating Expenses of $13,171.   Our net loss for the six months ended March 31, 2009 was substantially less than the net loss for the six months ended March 31, 2008 due to a reduction in our general and administrative expenses.
For the period from August 2, 2007 (Date of Inception) until March 31, 2009, our Sales Discounts were $60, Cost of Goods Sold was $4,664, and Operating Expenses were $95,300. Our Operating Expenses were primarily composed of General and Administrative Expenses of $83,584 and Advertising and Promotion Expenses of $11,617. Our Interest and Other Income was $169 for the period from August 2, 2007 (Date of Inception) until March 31, 2009. Thus, our Net Loss for the period was $97,348.

Liquidity and Capital Resources

As of March 31, 2009, we had total current assets of $237, consisting entirely of cash. Our total current liabilities as of March 31, 2009 were $66,482.  Thus, we have a working capital deficit of $66,245, as of March 31, 2009.

Operating Activities used $11 in cash for the six months ended March 31, 2009, $15,678 for the six months ended March 31, 2008, and $31,115 for the period from August 2, 2007 (Date of Inception) until March 31, 2009.  Our net losses of $13,177, $33,335 and $97,348 for those respective periods were the primary components of our negative operating cash flow for the periods, offset by increases in Accounts Payable and Accrued Expenses.

Investing Activities neither used nor generated cash for the three month periods ended March 31, 2009, and March 31, 2008. Investing Activities used $248 in cash during the period from August 2, 2007 (Date of Inception) until March 31, 2009.

Financing Activities neither used nor generated cash for the six month periods ended March 31, 2009 and March 31, 2008. Financing Activities generated $31,600 in cash during the period from August 2, 2007 (Date of Inception) until March 31, 2009, as a result of a private offering of equity securities.
 

As of March 31, 2009, we had $237 in cash.  At present, we lack the financial resources to operate and have therefore suspended operations indefinitely.  We will need to raise additional funds during the next twelve months in order to resume operations or otherwise execute on our business plan.  In addition, our management will consider other business opportunities should they arise.

Off Balance Sheet Arrangements

As of March 31, 2009, there were no off balance sheet arrangements.

Going Concern

The accompanying financial statements have been prepared in conformity with generally accepted accounting principle, which contemplate our continuation as a going concern.  However, we have an accumulated deficit of $97,348 as of March 31, 2009. We also currently have a working capital deficit, and have not completed our efforts to establish a stabilized source of revenues sufficient to cover operating costs over an extended period of time.

Item 4T.     Controls and Procedures

Management is responsible for establishing and maintaining adequate internal control over financial reporting as defined in Rule 13a-15(f) under the Exchange Act. This rule defines internal control over financial reporting as a process designed by, or under the supervision of, the Company’s Chief Executive Officer and Chief Financial Officer, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with U.S. GAAP. Our internal control over financial reporting includes those policies and procedures that:
 
 
 
Pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the Company;
 
 
 
Provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with U.S. GAAP, and that receipts and expenditures of the Company are being made only in accordance with authorizations of management and directors of the Company; and
 
 
 
Provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of the Company’s assets that could have a material effect on the financial statements.

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. In addition, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.
 

Ms. Ivona Janieszewski, our Chief Executive Officer and the Chief Financial Officer, conducted an evaluation of the effectiveness of our internal control over financial reporting.   Based on this evaluation, our management has concluded that our internal control over financial reporting was not effective as of March 31, 2009 as the result of a material weakness.   The material weakness results from significant deficiencies in internal control that collectively constitute a material weakness.

A significant deficiency is a deficiency, or combination of deficiencies, in internal control over financial reporting that is less severe than a material weakness, yet important enough to merit attention by those responsible for oversight of the registrant’s financial reporting.   The Company had the following significant deficiencies at March 31, 2009:
 
·  
The company is effectively insolvent, and only has one employee to oversee bank reconciliations, posting payables, and so forth, so there are no checks and balances on internal controls.

Remediation of Material Weakness

We are unable to remedy our internal controls until we are able to locate another business opportunity, or receive financing to hire additional employees.  At this time, we are effectively not a going concern.

Limitations on the Effectiveness of Internal Controls

Our management, including our Chief Executive Officer and our Chief Financial Officer, does not expect that our disclosure controls and procedures or our internal control over financial reporting are or will be capable of preventing or detecting all errors or all fraud. Any control system, no matter how well designed and operated, can provide only reasonable, not absolute, assurance that the control system’s objectives will be met. The design of a control system must reflect the fact that there are resource constraints, and the benefits of controls must be considered relative to their costs. Further, because of the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that misstatements, due to error or fraud will not occur or that all control issues and instances of fraud, if any, within the company have been detected. These inherent limitations include the realities that judgments in decision-making can be faulty and that breakdowns may occur because of simple error or mistake. Controls can also be circumvented by the individual acts of some persons, by collusion of two or more people, or by management override of controls. The design of any system of controls is based in part on certain assumptions about the likelihood of future events, and there can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions. Projections of any evaluation of controls effectiveness to future periods are subject to risk.

 
PART II – OTHER INFORMATION

Item 1.     Legal Proceedings

We are not a party to any pending legal proceeding. We are not aware of any pending legal proceeding to which any of our officers, directors, or any beneficial holders of 5% or more of our voting securities are adverse to us or have a material interest adverse to us.

Item 1A:  Risk Factors

A smaller reporting company is not required to provide the information required by this Item.

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

None

Item 3.     Defaults upon Senior Securities

None

Item 4.     Submission of Matters to a Vote of Security Holders

No matters have been submitted to our security holders for a vote, through the solicitation of proxies or otherwise, during the quarterly period ended March 31, 2009.

Item 5.     Other Information

None

Item 6.      Exhibits


 
SIGNATURES

In accordance with the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 
Mojo Shopping, Inc.
   
Date:
May 12, 2009
   
 
By:       /s/ Ivona Janieszewski                                        
             Ivona Janieszewski
Title:    Chief Executive Officer and Director
 
EX-31.1 2 ex31_1.htm EXHIBIT 31.1 ex31_1.htm
CERTIFICATIONS

I, Ivona Janieszewski, certify that;

1.  
I have reviewed this quarterly report on Form 10-Q for the quarter ended March 31, 2009 of Mojo Shopping, Inc. (the “registrant”);

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 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-(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.

5.  
The registrant’s other certifying officer 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 involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.
 
 
Date: May 12, 2009
 
/s/Ivona Janieszewski
By:      Ivona Janieszewski
Title:   Chief Executive Officer

EX-31.2 3 ex31_2.htm EXHIBIT 31.2 ex31_2.htm
CERTIFICATIONS
 
I, Ivona Janieszewski, certify that;

1.  
I have reviewed this quarterly report on Form 10-Q for the quarter ended March 31, 2009 of Mojo Shopping, Inc. (the “registrant”);

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 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-(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.

5.  
The registrant’s other certifying officer 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 involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.
 
 
Date: May 12, 2009
 
/s/Ivona Janieszewski
By:      Ivona Janieszewski
Title:   Chief Financial Officer
EX-32.1 4 ex32_1.htm EXHIBIT 32.1 ex32_1.htm
CERTIFICATION OF CHIEF EXECUTIVE OFFICER AND
CHIEF FINANCIAL OFFICER
PURSUANT TO
18 U.S.C. SECTION 1350,
AS ADOPTED PURSUANT TO
SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002


In connection with Quarterly Report of Mojo Shopping, Inc. (the “Company”) on Form 10-Q for the quarter ended March 31, 2009 filed with the Securities and Exchange Commission (the “Report”), I,  Ivona Janieszewski, Chief Executive Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

1.  
The Report fully complies with the requirements of Section 13(a) of the Securities Exchange Act of 1934; and

2.  
The information contained in the Report fairly presents, in all material respects, the consolidated financial condition of the Company as of the dates presented and the consolidated result of operations of the Company for the periods presented.
 
By:
/s/Ivona Janieszewski
   
Name:
Ivona Janieszewski
   
Title:
Principal Executive Officer, Principal Financial Officer and Director
   
Date:
May 12, 2009

This certification has been furnished solely pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

A signed original of this written statement required by Section 906 has been provided to Mojo Shopping, Inc. and will be retained by Mojo Shopping, Inc. and furnished to the Securities and Exchange Commission or its staff upon request.
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