10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

____________________

FORM 10-Q

____________________

[X] QUARTERLY REPORT UNDER SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended March 31, 2014

[  ] TRANSITION REPORT UNDER SECTION 13 OR 15 ( d ) OF THE EXCHANGE ACT

For the transition period from ____________ to____________

Commission File No. 333-150883

THERMAL TENNIS INC.

(Exact name of Registrant as specified in its charter)

Nevada	88-0367706
(State or Other Jurisdiction of	(I.R.S. Employer Identification No.)
incorporation or organization)

4950 Golden Springs Drive

Reno, Nevada 89509

(Address of Principal Executive Offices)

(775) 560-6659

(Registrant’s telephone number, including area code)

N/A

(Former name, former address and former fiscal year,

if changed since last report)

Indicate by check mark whether the Registrant has (1) filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 (the “Exchange Act”) 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 [X] No [  ]

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 during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes [X] 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.  See definition of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.  (Check one):

Large accelerated filer [  ]      Accelerated filer [  ]       Non-accelerated filer [  ]      Smaller reporting company [X]

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

APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY

PROCEEDINGS DURING THE PRECEDING FIVE YEARS

Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Sections 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court.      

Not applicable.

APPLICABLE ONLY TO CORPORATE ISSUERS

Indicate the number of shares outstanding of each of the Registrant’s classes of common stock, as of the latest practicable date:  May 13, 2014 – 1,676,000 shares of common stock.

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THERMAL TENNIS INC.

Table of Contents

	Page
PART I – FINANCIAL INFORMATION
Item 1  Financial Statements	3
Item 2  Management’s Discussion and Analysis of Financial Condition and Results of Operations	10
Item 3  Quantitative and Qualitative Disclosures About Market Risk	12
Item 4  Controls and Procedures	12
PART II – OTHER INFORMATION
Item 1  Legal Proceedings	13
Item 1A  Risk Factors	13
Item 2  Unregistered Sales of Equity Securities and Use of Proceeds	13
Item 3  Defaults Upon Senior Securities	13
Item 4  Mine Safety Disclosures	13
Item 5  Other Information	13
Item 6  Exhibits	14
SIGNATURES	14

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PART I

Item 1.  Financial Statements

The Financial Statements of the Registrant required to be filed with this 10-Q Quarterly Report were prepared by management and commence below, together with related notes. In the opinion of management, the Financial Statements fairly present the financial condition of the Registrant.

THERMAL TENNIS INC.

BALANCE SHEETS

MARCH 31, 2014 AND DECEMBER 31, 2013

ASSETS

	March 31,			December 31,
	2014			2013
	(Unaudited)
CURRENT ASSETS:
Cash	$	9,119		$	3,139
Total Current Assets		9,119			3,139
TOTAL ASSETS	$	9,119		$	3,139
LIABILITIES AND STOCKHOLDERS' DEFICIT
CURRENT LIABILITIES:
Accounts payable and accrued expenses	$	7,582		$	23,794
Accounts payable and accrued expenses-Related parties		41,432			38,917
Notes payable		72,000			47,000
Notes payable-Related parties		102,000			102,000
Total Liabilities		223,014			211,711
STOCKHOLDERS' DEFICIT:
Capital stock, $.001 par value; 75,000,000 shares authorized;
1,676,000 shares issued and outstanding
at March 31, 2014 and December 31, 2013, respectively		1,676			1,676
Additional paid-in capital		44,078			43,328
Accumulated deficit		(259,649	)		(253,576	)
Total Stockholders' Deficit		(213,895	)		(208,572	)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$	9,119		$	3,139

The accompanying notes are an integral part of these financial statements.

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THERMAL TENNIS INC.
STATEMENTS OF OPERATIONS
FOR THE THREE MONTHS ENDED MARCH 31, 2014 AND 2013
	March 31,			March 31,
	2014			2013
	(Unaudited)			(Unaudited)
SALES, Net of Returns, Allowances and Discounts	$	-		$	10,903
COST OF SALES		-			8,778
GROSS PROFIT		-			2,125
EXPENSES:
General and administrative expenses		13,978			12,922
TOTAL OPERATING EXPENSES		13,978			12,922
(LOSS) BEFORE OTHER INCOME/(EXPENSE) AND INCOME TAXES		(13,978	)		(10,797	)
OTHER INCOME/(EXPENSE)
Gain on forgiveness of debt		11,956			-
Interest expense		(1,536	)		(789	)
Interest expense-Related parties		(2,515	)		(2,269	)
Total other income/(expense)		7,905			(3,058	)
LOSS BEFORE INCOME TAXES		(6,073	)		(13,855	)
PROVISIONS FOR INCOME TAXES		-			-
NET LOSS	$	(6,073	)	$	(13,855	)
BASIC LOSS PER SHARE	$	(0.00	)	$	(0.01	)
WEIGHTED AVERAGE SHARES OUTSTANDING		1,676,000			1,676,000

The accompanying notes are an integral part of these financial statements.

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THERMAL TENNIS INC.
STATEMENTS OF CASH FLOWS
FOR THE THREE MONTHS ENDED MARCH 31, 2014 AND 2013
	March 31,			March 31,
	2014			2013
	(Unaudited)			(Unaudited)
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$	(6,073	)	$	(13,855	)
Adjustments to reconcile net loss to net cash used
in operating activities:
Contribution of rent expense by a related party		750			750
Changes in assets and liabilities:
(Increase) in accounts receivable		-			(160	)
Decrease in prepaids		-			458
Increase in accounts payable and accrued expenses-Related parties		2,515			2,269
(Decrease)/increase in accounts payable and accrued expenses		(16,212	)		12,238
Net cash provided/(used) by operating activities		(19,020	)		1,700
CASH FLOWS FROM INVESTING ACTIVITIES:		-			-
CASH FLOWS FROM FINANCING ACTIVITIES:
Increase in notes payable		25,000			-
Net cash provided by financing activities		25,000			-
Net increase in cash		5,980			1,700
CASH AT BEGINNING PERIOD		3,139			1,759
CASH AT END OF PERIOD	$	9,119		$	3,459
SUPPLEMENTAL CASH FLOW INFORMATION:
Cash paid for income taxes	$	-		$	-
Cash paid for interest expense	$	-		$	-

The accompanying notes are an integral part of these financial statements.

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THERMAL TENNIS INC.

CONDENSED NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

NOTE A - PRESENTATION

The balance sheets of the Company as of March 31, 2014 and December 31, 2013, the related statements of operations for the three months ended March 31, 2014 and 2013 and the statements of cash flows for the three months ended March 31, 2014 and 2013, (the financial statements) include all adjustments (consisting of normal recurring adjustments) necessary to summarize fairly the Company's financial position and results of operations. The results of operations for the three months ended March 31, 2014 and 2013 are not necessarily indicative of the results of operations for the full year or any other interim period. The information included in this set of financial statements should be read in conjunction with Management's Discussion and Analysis and Financial Statements and notes thereto included in the Company's Form 10-K for the year ended December 31, 2013.

NOTE B - REVENUE RECOGNITION

The Company recognizes revenue in accordance with the Securities and Exchange Commission Staff Accounting Bulletin (SAB) number 104, which states that revenues are generally recognized when it is realized and earned.  Specifically, the Company recognizes revenue when services are performed and projects are completed and accepted by the customer.  Revenues are earned from tennis lessons, sales of ball machines and other related services.

NOTE C - GOING CONCERN

The Company’s financial statements have been presented on the basis that it is a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business.  The Company generated a net loss from its operations in 2013 and 2012.  Additionally, the revenue base of the Company is seasonal and the Company receives a majority of its revenues in the second and third quarters of the calendar year.  It also sustained operating losses in prior years. Additionally, due to the current and prior year net operating loss, the Company currently has a deficit in its stockholders’ equity account.  These factors raise substantial doubt as to its ability to obtain debt and/or equity financing and achieving future profitable operations.

Management intends to raise additional operating funds through equity and/or debt offerings.  However, there can be no assurance management will be successful in its endeavors.  Ultimately, the Company will need to achieve profitable operations in order to continue as a going concern.

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There are no assurances that Thermal Tennis Inc. will be able to either (1) achieve a level of revenues adequate to generate sufficient cash flow from operations; or (2) obtain additional financing through either private placement, public offerings and/or bank financing necessary to support its working capital requirements.  To the extent that funds generated from operations and any private placements, public offerings and/or bank financing are insufficient, the Company will have to raise additional working capital.  No assurance can be given that additional financing will be available, or if available, will be on terms acceptable to Thermal Tennis Inc.  If adequate working capital is not available Thermal Tennis Inc. may be required to curtail its operations.

NOTE D – NOTES PAYABLE

The Company’s notes payable, all due currently, consists of the following:

	March 31, 2014
Notes payable, due to an individual, 10% interest, principal and interest due July 1, 2014	$	27,000
Note payable, due to an individual, 10% interest, principal and interest due July 1, 2014		5,000
Note payable, due to an individual, 10% interest, principal and interest due July 1, 2014		5,000
Note payable, due to an individual, 10% interest, principal and interest due July 1, 2014		5,000
Note payable, due to an individual, 10% interest, principal and interest due July 1, 2014		5,000
Note payable, due to an individual, 10% interest, principal and interest due July 1, 2014		25,000
		72,000
Less current portion		(72,000	)
	$	-

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NOTE E – NOTES PAYABLE-RELATED PARTIES

The Company’s related party notes payable, all due currently, consists of the following:

	March 31,
	2014
Note payable, due to an individual, 10% interest, principle and interest due July 1, 2014	$	50,000
Notes payable, due to an individual, 10% interest, principle and interest due July 1, 2014(1)(2)		32,000
Notes payable, due to an individual, 10% interest, principle and interest due July 1, 2014(1)		20,000
		102,000
Less current portion		(102,000	)
	$	-

(1)	The notes listed above represent credit lines that allow the Company to borrow up to $25,000 on each note to pay the ongoing expenses of the company.
(2)	The lender made the additional loan above the original terms and conditions of the note without amending the credit line.

NOTE F – RECENTLY ENACTED ACCOUNTING PRONOUNCEMENTS

We do not expect the adoption of recently issued accounting pronouncements to have a significant impact on our results of operations, financial position or cash flow.

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NOTE G – INCOME TAXES

Effective January 1, 2007, we adopted the provisions of ASC 740-10, Accounting for Uncertainty in Income Taxes. ASC 740-10 clarifies the accounting for uncertainty in income taxes recognized in a company’s financial statements. ASC 740-10 requires a company to determine whether it is more likely than not that a tax position will be sustained upon examination based upon the technical merits of the position. If the more-likely-than-not threshold is met, a company must measure the tax position to determine the amount to recognize in the financial statements. The application of income tax law is inherently complex. Laws and regulation in this area are voluminous and are often ambiguous. As such, we are required to make many subjective assumptions and judgments regarding the income tax exposures. Interpretations and guidance surrounding income tax laws and regulations change over time. As such, changes in the subjective assumptions and judgments can materially affect amounts recognized in the balance sheets and statements of income.

At the adoption date of January 1, 2007, we had no unrecognized tax benefit, which would affect the effective tax rate if recognized. There has been no significant change in the unrecognized tax benefit during the three months ended March 31, 2014.

NOTE H – RELATED PARTY TRANSACTIONS

The Company recognized $750 of expense in the three months ended March 31, 2014, which represented the value of the rent associated with the sole officer’s home office.  This amount recognized in the first quarter in the amount of $750 was contributed to additional paid-in capital for the quarter ended March 31, 2014.

NOTE I – SUBSEQUENT EVENT

The Company has evaluated subsequent events pursuant to ASC 855 and has determined that there are no reportable subsequent events.

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Item 2. Management’s Discussions and Analysis of Financial Condition and Results of Operations.

Forward-looking Statements

Statements made in this Quarterly Report which are not purely historical are forward-looking statements with respect to the goals, plan objectives, intentions, expectations, financial condition, results of operations, future performance and our business, including, without limitation, (i) our ability to raise capital, and (ii) statements preceded by, followed by or that include the words “may,” “would,” “could,” “should,” “expects,” “projects,” “anticipates,” “believes,” “estimates,” “plans,” “intends,” “targets” or similar expressions.

Forward-looking statements involve inherent risks and uncertainties, and important factors (many of which are beyond our control) that could cause actual results to differ materially from those set forth in the forward-looking statements, including the following, general economic or industry conditions, nationally and/or in the communities in which we may conduct business, changes in the interest rate environment, legislation or regulatory requirements, conditions of the securities markets, our ability to raise capital, changes in accounting principles, policies or guidelines, financial or political instability, acts of war or terrorism, other economic, competitive, governmental, regulatory and technical factors affecting our current or potential business and related matters.

Accordingly, results actually achieved may differ materially from expected results in these statements.  Forward-looking statements speak only as of the date they are made. We do not undertake, and specifically disclaim, any obligation to update any forward-looking statements to reflect events or circumstances occurring after the date of such statements.

Plan of Operations 

Our business is to develop tennis management programs, tennis training programs, sales of tennis equipment and general services related to tennis.  Thermal Tennis has devoted substantially all of their time and effort to organizational and financing matters during the past few years. Through the date hereof, we have not yet generated material service revenue during this period and we have realized a net loss from operations. We generated revenues during the three months ended March 31, 2014 in the amount of $0 versus $10,903 generated during the three months ended March 31, 2013.  This was a decrease of $10,903 for the quarter due to the Company terminating its main contract with a facility in Reno and no programs being offered in early 2014.  The Company’s net loss during the three months ended March 31, 2014 was $6,073 and for the three months ended March 31, 2013 the loss was $13,855.  The gross revenues decreased due to the reasons stated above, the net loss decreased by $7,782.  This was due to a settlement with our corporate attorney that resulted in a gain from the forgiveness of debt in the amount of $11,956.  These changes caused a substantial difference in the loss between the two quarters.  The Company expects that it will continue to generate operating losses.  The Company is pursuing other contracts and is seeking other business opportunities that would generate revenues and profitability for the Company.

In March 2013 the Company terminated its contract that represented over ninety percent of its gross revenues.  The Company will be conducting and expanding the High School summer camps with additional focus on High School and College training.  The Company is hoping to provide these programs on a national level and that the revenues generated from the sales of these programs will eventually lead to sufficient profitability and associated cash flows from operations.

The Company expects it will have to continue to borrow money to sustain its operations in the next twelve months.  We do not anticipate the performance of any research and development during the next 12 months.

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There can be no assurance that we will achieve commercial acceptance for any of our proposed tennis services in the future; that future service revenue will materialize or be significant; that any sales will be profitable; or that we will have sufficient funds available for further development of our proposed services. The likelihood of our success will also depend upon our ability to raise additional capital from equity and/or debt financing to overcome the problems and risks described herein; to absorb the expenses and delays frequently encountered in the operation of a new business; and to succeed in the competitive environment in which we will operate. Although management intends to explore all available alternatives for equity and/or debt financing, including, but not limited to, private and public securities offerings, there can be no assurance that we will be able to generate additional capital. Our continuation as a going concern is dependent on our ability to generate sufficient cash flow to meet our obligations on a timely basis and, ultimately, to achieve profitability.

Financial Condition, Capital Resources and Liquidity

As of March 31, 2014, we had total cash assets of $9,119, which increased $5,980 during 2014 due to the Company borrowing $25,000 in the first quarter.  We had total assets of $9,119 as of March 31, 2014.  We had total current liabilities of $223,014 and working deficit and stockholders' deficit of $213,895 as of March 31, 2014.  Deficits accumulated during the history of the Company have totaled $259,649.  Our financial statements are presented on the basis that Thermal Tennis is a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business over a reasonable length of time. However, our independent accountants have noted that the Company has accumulated losses from operations and has the need to raises additional financing in order to satisfy its vendors and other creditors and execute its business plan.  These factors raise substantial doubt about our ability to continue as a going concern. Our future success will be dependent upon our ability to provide effective and competitive tennis services that meet customers' changing requirements. Should Thermal Tennis' efforts to raise additional capital through equity and/or debt financing fail, Robert Deller, our President/Secretary/Treasurer, is expected to provide the necessary working capital so as to permit Thermal Tennis to continue as a going concern.

At March 31, 2014 the Company has been generating revenues from operations that began in early 2009 and was still seeking capital through obtaining of additional debt in order to continue its operations. The business activities the Company has are seasonal and it receives a majority of the revenues and earnings in the second and third quarters of the calendar year.  The Company does not know if the revenues will provide sufficient earnings to cover the cost of its operations.  The Company expects the gross revenues will not be sufficient to cover all of its current operations.  The Company will have to obtain additional revenues to become profitable.  At March 31, 2014 and through the date of this filing, the Company has yet to obtain any other commitments for additional funding.  The Company expects it will have to borrow additional monies to provide enough working capital to continue its operations during the next twelve months and to execute its business plan.   In the quarter ended March 31, 2014, the Company had not received any additional funding and supported its operations through the borrowings from notes payable in the amount of $25,000.  In the year ended December 31, 2013 the Company received $25,000 from borrowings.  The Company expects it will have to borrow additional funds against its credit lines to sustain operations to continue its current operations.

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In March 2013 the Company terminated its contract that represented over ninety percent of its gross revenues.  The Company will be conducting and expanding the High School summer camps with additional focus on High School and College training.  The Company is hoping to provide these programs on a national level and that the revenues generated from the sales of these programs will eventually lead to sufficient profitability and associated cash flows from operations.

Until the Company obtains the capital required to develop any properties or businesses and obtains the revenues needed from its future operations to meet its obligations, the Company will depend on sources other than operating revenues to meet its operating and capital needs. Operating revenues may never satisfy these needs.

Item 3.  Quantitative and Qualitative Disclosures About Market Risk.

Not required.

Item 4.  Controls and Procedures.

Evaluation of disclosure controls and procedures

Our management, with the participation of our chief executive officer and chief financial officer, evaluated the effectiveness of our disclosure controls and procedures as defined in Rule 13a-15(e) under the Exchange Act as of the end of the period covered by this Quarterly Report on Form 10-Q.  In designing and evaluating the disclosure controls and procedures, our management recognized that any controls and procedures, no matter how well designed and operated, can provide only reasonable assurance of achieving the desired control objectives.  In addition, the design of disclosure controls and procedures must reflect the fact that there are resource constraints and that management is required to apply its judgment in evaluating the benefits of possible controls and procedures relative to their costs.  The design of any disclosure controls and procedures also is based in part upon 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.

Based on that evaluation, our chief executive officer and chief financial officer concluded that, as of March 31, 2014, our disclosure controls and procedures were, subject to the limitations noted above, effective to provide reasonable assurance that information we are required to disclose in reports that we file or submit under the Exchange Act is recorded, processes, summarized and reported within the time periods specified in Securities and Exchange Commission rules, regulations and forms, and that such information is accumulated and communicated to our management, including our chief executive officer and chief financial officer, as appropriate, to allow timely decisions regarding required disclosure.

Changes in internal control over financial reporting

Our management, with the participation of the chief executive officer and chief financial officer, has concluded there were no significant changes in our internal controls over financial reporting that occurred during our last fiscal quarter that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

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PART II - OTHER INFORMATION

Item 1. Legal Proceedings.

None

Item 1A.  Risk Factors.

Not required.

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

None

Item 3. Defaults Upon Senior Securities.

None; not applicable.

Item 4. Mine Safety Disclosures.

Not applicable.

Item 5. Other Information.

None; not applicable.

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Item 6. Exhibits.

Exhibit No.                         Identification of Exhibit

31 32	Certification Pursuant to Section 302 of the Sarbanes-Oxley Act of Robert R. Deller. Certification Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 of Robert R. Deller.
101	Interactive Data Files

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

THERMAL TENNIS INC.

Date:	May 13, 2014	By:	/s/Robert R. Deller
			Robert R. Deller, President, Secretary/Treasurer and Director

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EX-31

CERTIFICATION PURSUANT TO

SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Robert R. Deller, certify that:

1.   I have reviewed this Quarterly Report on Form 10-Q of Thermal Tennis 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(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 Rule 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 principals;

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 (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 involves management or other employees who have a significant role in the Registrant’s internal control over financial reporting.

Date:	May 13, 2014	By:	/s/Robert R. Deller
			Robert R. Deller, Chief Executive Officer and Chief Financial Officer

EX-32

CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of Thermal Tennis Inc. (the "Registrant") on Form 10-Q for the quarter ended March 31, 2014, as filed with the Commission on the date hereof (the "Quarterly Report"), I, Robert R. Deller, Chief Executive Officer and Chief Financial Officer of the Registrant, 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 Quarterly Report 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 the Quarterly Report fairly presents, in all material respects, the financial condition and results of operations of the Registrant.

Dated:  May 13, 2014

/s/Robert R. Deller

Robert R. Deller,

Chief Executive Officer

Chief Financial Officer

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Note D - Notes Payable

3 Months Ended

Mar. 31, 2014

Notes

Note D - Notes Payable

NOTE D – NOTES PAYABLE

The Company’s notes payable, all due currently, consists of the following:

	March 31, 2014
Notes payable, due to an individual, 10% interest, principal and interest due July 1, 2014	$27,000
Note payable, due to an individual, 10% interest, principal and interest due July 1, 2014	5,000
Note payable, due to an individual, 10% interest, principal and interest due July 1, 2014	5,000
Note payable, due to an individual, 10% interest, principal and interest due July 1, 2014	5,000
Note payable, due to an individual, 10% interest, principal and interest due July 1, 2014	5,000
Note payable, due to an individual, 10% interest, principal and interest due July 1, 2014	25,000
	72,000
Less current portion	(72,000)
	-

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Note C - Going Concern

3 Months Ended

Mar. 31, 2014

Notes

Note C - Going Concern

NOTE C - GOING CONCERN

The Company’s financial statements have been presented on the basis that it is a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business.  The Company generated a net loss from its operations in 2013 and 2012.  Additionally, the revenue base of the Company is seasonal and the Company receives a majority of its revenues in the second and third quarters of the calendar year.  It also sustained operating losses in prior years. Additionally, due to the current and prior year net operating loss, the Company currently has a deficit in its stockholders’ equity account.  These factors raise substantial doubt as to its ability to obtain debt and/or equity financing and achieving future profitable operations.

Management intends to raise additional operating funds through equity and/or debt offerings.  However, there can be no assurance management will be successful in its endeavors.  Ultimately, the Company will need to achieve profitable operations in order to continue as a going concern.

There are no assurances that Thermal Tennis Inc. will be able to either (1) achieve a level of revenues adequate to generate sufficient cash flow from operations; or (2) obtain additional financing through either private placement, public offerings and/or bank financing necessary to support its working capital requirements.  To the extent that funds generated from operations and any private placements, public offerings and/or bank financing are insufficient, the Company will have to raise additional working capital.  No assurance can be given that additional financing will be available, or if available, will be on terms acceptable to Thermal Tennis Inc.  If adequate working capital is not available Thermal Tennis Inc. may be required to curtail its operations.

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BALANCE SHEETS (USD $)	Mar. 31, 2014	Dec. 31, 2013
CURRENT ASSETS:
Cash	$ 9,119	$ 3,139
Total Current Assets	9,119	3,139
TOTAL ASSETS	9,119	3,139
CURRENT LIABILITIES:
Accounts payable and accrued expenses	7,582	23,794
Accounts payable and accrued expenses-Related parties	41,432	38,917
Notes payable	72,000	47,000
Notes payable-Related parties	102,000	102,000
Total Liabilities	223,014	211,711
STOCKHOLDERS' DEFICIT:
Capital stock, $.001 par value; 75,000,000 shares authorized; 1,676,000 shares issued and outstanding at March 31, 2014 and December 31, 2013, respectively	1,676	1,676
Additional paid-in capital	44,078	43,328
Accumulated deficit	(259,649)	(253,576)
Total Stockholders' Deficit	(213,895)	(208,572)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$ 9,119	$ 3,139

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Note A - Presentation

3 Months Ended

Mar. 31, 2014

Notes

Note A - Presentation

NOTE A - PRESENTATION

The balance sheets of the Company as of March 31, 2014 and December 31, 2013, the related statements of operations for the three months ended March 31, 2014 and 2013 and the statements of cash flows for the three months ended March 31, 2014 and 2013, (the financial statements) include all adjustments (consisting of normal recurring adjustments) necessary to summarize fairly the Company's financial position and results of operations. The results of operations for the three months ended March 31, 2014 and 2013 are not necessarily indicative of the results of operations for the full year or any other interim period. The information included in this set of financial statements should be read in conjunction with Management's Discussion and Analysis and Financial Statements and notes thereto included in the Company's Form 10-K for the year ended December 31, 2013.

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Note B - Revenue Recognition

3 Months Ended

Mar. 31, 2014

Notes

Note B - Revenue Recognition

NOTE B - REVENUE RECOGNITION

The Company recognizes revenue in accordance with the Securities and Exchange Commission Staff Accounting Bulletin (SAB) number 104, which states that revenues are generally recognized when it is realized and earned.  Specifically, the Company recognizes revenue when services are performed and projects are completed and accepted by the customer.  Revenues are earned from tennis lessons, sales of ball machines and other related services.

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BALANCE SHEETS (Parenthetical) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Statement of Financial Position
Common Stock, par or stated value	$ 0.001	$ 0.001
Common Stock, shares authorized	75,000,000	75,000,000
Common Stock, shares issued	1,676,000	1,676,000
Common Stock, shares outstanding	1,676,000	1,676,000

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Note D - Notes Payable: Schedule of Notes Payable (Details) (USD $)			3 Months Ended
	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2014 Note Payable 1	Mar. 31, 2014 Note Payable 2	Mar. 31, 2014 Note Payable 3	Mar. 31, 2014 Note Payable 4	Mar. 31, 2014 Note Payable 5	Mar. 31, 2014 Note Payable 6
Notes payable	$ 72,000	$ 47,000	$ 27,000	$ 5,000	$ 5,000	$ 5,000	$ 5,000	$ 25,000
Note payable, Noncurrent	$ 0
Debt Instrument, Interest Rate, Stated Percentage			10.00%	10.00%	10.00%	10.00%	10.00%	10.00%
Debt Instrument, Maturity Date			Jul. 01, 2014	Jul. 01, 2014	Jul. 01, 2014	Jul. 01, 2014	Jul. 01, 2014	Jul. 01, 2014

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Document and Entity Information	3 Months Ended
	Mar. 31, 2014	May 13, 2014
Document and Entity Information
Entity Registrant Name	Thermal Tennis Inc.
Document Type	10-Q
Document Period End Date	Mar. 31, 2014
Amendment Flag	false
Entity Central Index Key	0001417028
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		1,676,000
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	Q1

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Note E - Notes Payable-Related Parties: Schedule of Related Party Notes Payable (Details) (USD $)			3 Months Ended
	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2014 Related Party Note Payable 1	Mar. 31, 2014 Related Party Note Payable 2	Mar. 31, 2014 Related Party Note Payable 3
Notes payable-Related parties	$ 102,000	$ 102,000	$ 50,000	$ 32,000	$ 20,000
Notes Payable, Related Parties, Noncurrent	0
Debt Instrument, Face Amount			$ 25,000	$ 25,000
Debt Instrument, Interest Rate, Stated Percentage			10.00%	10.00%	10.00%
Debt Instrument, Maturity Date			Jul. 01, 2014	Jul. 01, 2014	Jul. 01, 2014

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STATEMENTS OF OPERATIONS (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Income Statement
SALES, Net of Returns, Allowances and Discounts		$ 10,903
COST OF SALES		8,778
GROSS PROFIT		2,125
EXPENSES:
General and administrative expenses	13,978	12,922
TOTAL OPERATING EXPENSES	13,978	12,922
(LOSS) BEFORE OTHER INCOME/(EXPENSE) AND INCOME TAXES	(13,978)	(10,797)
OTHER INCOME/(EXPENSE)
Gain on forgiveness of debt	11,956
Interest expense	(1,536)	(789)
Interest expense-Related parties	(2,515)	(2,269)
Total other income/(expense)	7,905	(3,058)
LOSS BEFORE INCOME TAXES	(6,073)	(13,855)
PROVISIONS FOR INCOME TAXES
NET LOSS	$ (6,073)	$ (13,855)
BASIC LOSS PER SHARE	$ 0.00	$ (0.01)
WEIGHTED AVERAGE SHARES OUTSTANDING	1,676,000	1,676,000

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Note G - Income Taxes

3 Months Ended

Mar. 31, 2014

Notes

Note G - Income Taxes

NOTE G – INCOME TAXES

Effective January 1, 2007, we adopted the provisions of ASC 740-10, Accounting for Uncertainty in Income Taxes. ASC 740-10 clarifies the accounting for uncertainty in income taxes recognized in a company’s financial statements. ASC 740-10 requires a company to determine whether it is more likely than not that a tax position will be sustained upon examination based upon the technical merits of the position. If the more-likely-than-not threshold is met, a company must measure the tax position to determine the amount to recognize in the financial statements. The application of income tax law is inherently complex. Laws and regulation in this area are voluminous and are often ambiguous. As such, we are required to make many subjective assumptions and judgments regarding the income tax exposures. Interpretations and guidance surrounding income tax laws and regulations change over time. As such, changes in the subjective assumptions and judgments can materially affect amounts recognized in the balance sheets and statements of income.

At the adoption date of January 1, 2007, we had no unrecognized tax benefit, which would affect the effective tax rate if recognized. There has been no significant change in the unrecognized tax benefit during the three months ended March 31, 2014.

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Note F - Recently Enacted Accounting Pronouncements

3 Months Ended

Mar. 31, 2014

Notes

Note F - Recently Enacted Accounting Pronouncements

NOTE F – RECENTLY ENACTED ACCOUNTING PRONOUNCEMENTS

We do not expect the adoption of recently issued accounting pronouncements to have a significant impact on our results of operations, financial position or cash flow.

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Note H - Related Party Transactions (Details) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Contribution of rent expense by a related party	$ 750	$ 750
Officer
Contribution of rent expense by a related party	750
Contribution to additional paid in capital for rent payment	$ 750

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Note D - Notes Payable: Schedule of Notes Payable (Tables)

3 Months Ended

Mar. 31, 2014

Tables/Schedules

Schedule of Notes Payable

	March 31, 2014
Notes payable, due to an individual, 10% interest, principal and interest due July 1, 2014	$27,000
Note payable, due to an individual, 10% interest, principal and interest due July 1, 2014	5,000
Note payable, due to an individual, 10% interest, principal and interest due July 1, 2014	5,000
Note payable, due to an individual, 10% interest, principal and interest due July 1, 2014	5,000
Note payable, due to an individual, 10% interest, principal and interest due July 1, 2014	5,000
Note payable, due to an individual, 10% interest, principal and interest due July 1, 2014	25,000
	72,000
Less current portion	(72,000)
	-

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Note H - Related Party Transactions

3 Months Ended

Mar. 31, 2014

Notes

Note H - Related Party Transactions

NOTE H – RELATED PARTY TRANSACTIONS

The Company recognized $750 of expense in the three months ended March 31, 2014, which represented the value of the rent associated with the sole officer’s home office.  This amount recognized in the first quarter in the amount of $750 was contributed to additional paid-in capital for the quarter ended March 31, 2014.

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Note I - Subsequent Event

3 Months Ended

Mar. 31, 2014

Notes

Note I - Subsequent Event

NOTE I – SUBSEQUENT EVENT

The Company has evaluated subsequent events pursuant to ASC 855 and has determined that there are no reportable subsequent events.

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Note E - Notes Payable-Related Parties: Schedule of Related Party Notes Payable (Tables)

3 Months Ended

Mar. 31, 2014

Tables/Schedules

Schedule of Related Party Notes Payable

The Company’s related party notes payable, all due currently, consists of the following:

	March 31,
	2014
Note payable, due to an individual, 10% interest, principle and interest due July 1, 2014	$50,000
Notes payable, due to an individual, 10% interest, principle and interest due July 1, 2014(1)(2)	32,000
Notes payable, due to an individual, 10% interest, principle and interest due July 1, 2014(1)	20,000
	102,000
Less current portion	(102,000)
	-

(1)	The notes listed above represent credit lines that allow the Company to borrow up to $25,000 on each note to pay the ongoing expenses of the company.
(2)	The lender made the additional loan above the original terms and conditions of the note without amending the credit line.

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STATEMENTS OF CASH FLOWS (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (6,073)	$ (13,855)
Adjustments to reconcile net loss to net cash used in operating activities:
Contribution of rent expense by a related party	750	750
Changes in assets and liabilities:
(Increase) in accounts receivable		(160)
Decrease in prepaids		458
Increase in accounts payable and accrued expenses-Related parties	2,515	2,269
(Decrease)/increase in accounts payable and accrued expenses	(16,212)	12,238
Net cash provided/(used) by operating activities	(19,020)	1,700
CASH FLOWS FROM INVESTING ACTIVITIES
CASH FLOWS FROM FINANCING ACTIVITIES:
Increase in notes payable	25,000
Net cash provided by financing activities	25,000
Net increase in cash	5,980	1,700
CASH AT BEGINNING PERIOD	3,139	1,759
CASH AT END OF PERIOD	9,119	3,459
SUPPLEMENTAL CASH FLOW INFORMATION:
Cash paid for income taxes
Cash paid for interest expense

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Note E - Notes Payable-Related Parties

3 Months Ended

Mar. 31, 2014

Notes

Note E - Notes Payable-Related Parties

NOTE E – NOTES PAYABLE-RELATED PARTIES

The Company’s related party notes payable, all due currently, consists of the following:

	March 31,
	2014
Note payable, due to an individual, 10% interest, principle and interest due July 1, 2014	$50,000
Notes payable, due to an individual, 10% interest, principle and interest due July 1, 2014(1)(2)	32,000
Notes payable, due to an individual, 10% interest, principle and interest due July 1, 2014(1)	20,000
	102,000
Less current portion	(102,000)
	-

(1)	The notes listed above represent credit lines that allow the Company to borrow up to $25,000 on each note to pay the ongoing expenses of the company.
(2)	The lender made the additional loan above the original terms and conditions of the note without amending the credit line.