0001494733-17-000027.txt : 20170322 0001494733-17-000027.hdr.sgml : 20170322 20170322150359 ACCESSION NUMBER: 0001494733-17-000027 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 30 CONFORMED PERIOD OF REPORT: 20160630 FILED AS OF DATE: 20170322 DATE AS OF CHANGE: 20170322 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ALL MARKETING SOLUTIONS, INC. CENTRAL INDEX KEY: 0001464300 STANDARD INDUSTRIAL CLASSIFICATION: PATENT OWNERS & LESSORS [6794] IRS NUMBER: 263895737 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-35597 FILM NUMBER: 17706539 BUSINESS ADDRESS: STREET 1: 112 NORTH CURRY STREET CITY: CARSON CITY STATE: NV ZIP: 89703 BUSINESS PHONE: 775-321-8206 MAIL ADDRESS: STREET 1: 112 NORTH CURRY STREET CITY: CARSON CITY STATE: NV ZIP: 89703 FORMER COMPANY: FORMER CONFORMED NAME: Patents Professional, Inc. DATE OF NAME CHANGE: 20090515 10-Q 1 form10qjune302016.htm 10Q JUNE 30 2016 - ALL MARKETING SOLUTIONS INC. 10Q June 30 2016

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 June 30, 2016



Commission File Number 001-35597


ALL MARKETING SOLUTIONS, INC.

(Exact name of registrant as specified in its charter)


Nevada       26-3895737

(State or other jurisdiction of incorporation or organization)     (I.R.S. Employer Identification No.)


112 North Curry Street - Carson City - Nevada 89703-4934

(Address of principal executive offices)(Zip Code)


(775) 321-8206

(Registrants 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 (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  (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 (§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 (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 the definitions of large accelerated filer, accelerated filer and smaller reporting company in Rule 12b-2 of the Exchange Act. Large accelerated filer (_)  Accelerated filer (_) Non-accelerated filer (_)  (Do not check if a smaller reporting company) 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). (X)Yes  (  ) No


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

(_)Yes (_) No


APPLICABLE ONLY TO CORPORATE ISSUERS:

As of March 15, 2017, there were 104,710,000 shares of common stock issued and outstanding.




 



TABLE of CONTENTS



PART IFINANCIAL INFORMATION

3

Item 1. Financial Statements.

3

Item 2.  Managements Discussion and Analysis of Financial Condition and Results of Operations.

9

Item 3.  Quantitative and Qualitative Disclosures About Market Risk.

9

Item 4.  Controls and Procedures.

9



PART IIOTHER INFORMATION

10

Item 1. Legal Proceedings.

10

Item 1A. Risk Factors.

10

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

10

Item 3. Defaults Upon Senior Securities.

10

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

10

Item 5. Other Information.

10

Item 6. Exhibits.

10









2



PART IFINANCIAL INFORMATION


 

 

 



 

 

 




ALL MARKETING SOLUTIONS, INC.

(FKA Patents Professional, Inc.)



CONDENSED INTERIM FINANCIAL STATEMENTS


June 30, 2016


Unaudited







 

 

 

 






CONDENSED INTERIM BALANCE SHEETS


CONDENSED INTERIM STATEMENTS OF OPERATIONS


CONDENSED INTERIM STATEMENTS OF CASH FLOWS


NOTES TO UNAUDITED CONDENSED INTERIM FINANCIAL STATEMENTS




 

3



ALL MARKETING SOLUTIONS, INC.

(FKA Patents Professional, Inc.)


CONDENSED INTERIM BALANCE SHEETS

Unaudited






June 30, 2016


December 31, 2015






ASSETS










CURRENT ASSETS





Cash

$

-

$

-

Prepaid expenses

 

-

 

  -

TOTAL CURRENT ASSETS

$

-

$

-






FIXED ASSETS


 


 

Software, less impairment


-    


-    

TOTAL FIXED ASSETS

$

-    

$

-    






TOTAL ASSETS

$

-

$

-






LIABILITIES AND STOCKHOLDERS' EQUITY/(DEFICIT)










CURRENT LIABILITIES





Accounts payable and accrued liabilities

$

158,358

$

152,288

Accounts payable - related party


27,600


27,600

Loans from related party

 

113,600

 

113,600

TOTAL CURRENT LIABILITIES

$

299,558

$

293,488






STOCKHOLDERS' EQUITY/(DEFICIT)





Capital stock





Authorized





       200,000,000 shares of common stock, $0.001 par value,





Issued and outstanding





      104,710,000 shares at June 30, 2016 & at December 31, 2015

$

104,710

$

104,710

      Additional Paid in Capital


960,610


960,610

Accumulated Deficit

 

(1,364,878)

 

(1,358,808)

TOTAL STOCKHOLDERS' EQUITY/(DEFICIT)

$

(299,558)

$

(293,488)

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY/(DEFICIT)

$

-

$

-


The accompanying notes are an integral part of these financial statements





4



ALL MARKETING SOLUTIONS, INC.

(FKA Patents Professional, Inc.)


CONDENSED INTERIM STATEMENTS OF OPERATIONS

Unaudited






Three months ended


Three months ended


Six months ended


Six months  ended

 


June 30, 2016


June 30, 2015

 

June 30, 2016

 

June 30, 2015

REVENUE


















Revenues

$

-

$

-

$

-

$

-

Total Revenues

$

-

$

-

$

-

$

-










EXPENSES


















Impairment of fixed asset

$

-

$

-

$

-

$

-

Office and general


970


600


1570


3,299

Professional Fees


2,250


2,250


4,500


5,250

related party


-


-


-


-

Total Expenses

$

3,220

$

2,850

$

6,070

$

8,549










NET LOSS

$

(3,220)

$

(2,850)

$

(6,070)

$

(8,549)










BASIC AND DILUTED LOSS PER COMMON SHARE

$

-

$

-

$

-

$

-










WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING

$

104,710,000

$

104,710,000

$

104,710,000

$

104,710,000











The accompanying notes are an integral part of these financial statements








 

5



ALL MARKETING SOLUTIONS, INC.

(FKA Patents Professional, Inc.)


CONDENSED INTERIM STATEMENTS OF CASH FLOWS

Unaudited




Six months ended


Six months ended



June 30, 2016


June 30, 2015

OPERATING ACTIVITIES





    Net loss

$

(6,070)

$

(8,549)

    Adjustment to reconcile net loss to net cash





    used in operating activities





    Impairment of software source code


-


-

    Expenses paid on company's behalf by shareholder


-


26,989

    Prepaid Expenses


-


-

    Increase (decrease) in accrued expenses


6,070


(18,440)


NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES

$

-    

$

-


NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES

$

-    

$

-






FINANCING ACTIVITIES





     Proceeds from sale of common stock


-    

 

-


 NET CASH PROVIDED BY FINANCING ACTIVITIES

$

-    

$

-

 

 

 

NET INCREASE (DECREASE) IN CASH

$

-    

$

-

 

 

CASH, BEGINNING OF PERIOD

$

-

$

626

 

 

 

CASH, END OF PERIOD

$

-

$

626

 

 

 

Supplemental cash flow information and noncash financing activities:





Cash paid for:





     Interest

$

-    

$

-    


     Income taxes

$

-    

$

-    


The accompanying notes are an integral part of these financial statements











6



ALL MARKETING SOLUTIONS, INC.

(FKA Patents Professional, Inc.)


NOTES TO THE UNAUDITED CONDENSED INTERIM FINANCIAL STATEMENTS


June 30, 2016


NOTE 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 June 30, 2016, and for all periods presented herein, 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 Companys December 31, 2015 audited financial statements.  The results of operations for the periods ended June 30, 2016 and the same period last year are not necessarily indicative of the operating results for the full years.


NOTE 2 GOING CONCERN


The Companys financial statements are prepared in accordance with generally accepted accounting principles applicable to a going concern.  This contemplates the realization of assets and the liquidation of liabilities in the normal course of business. Currently, the Company has a working capital deficit of $299,558, an accumulated deficit of $1,364,878. The Company does not have a source of revenue sufficient to cover its operation costs giving substantial doubt for it to continue as a going concern. The Company will be dependent upon the raising of additional capital through placement of our common stock in order to implement its business plan, or merge with an operating company.  There can be no assurance that the Company will be successful in either situation in order to continue as a going concern.  The Company is funding its initial operations by way of issuing Founders shares.


In order to continue as a going concern, the Company will need, among other things, additional capital resources. Managements plan is to obtain such resources for the Company by obtaining capital from management and significant shareholders sufficient to meet its minimal operating expenses and seeking equity and/or debt financing. However management cannot provide any assurances that the Company will be successful in accomplishing any of its plans.


The ability of the Company to continue as a going concern is dependent upon its ability to successfully accomplish the plans described in the preceding paragraph and eventually secure other sources of financing and attain profitable operations. The accompanying financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.


NOTE 3 - IMPAIRMENT OF FIXED ASSET


On January 8, 2014, the Company, completed the acquisition of, and exclusive rights in and to, computer source code related to software applications for the management of Internet cloud storage services in exchange for 4,000,000 shares of Common Restricted Stock at a value of $0.25 per share for the source and object code forms of the software applications.


Within the guidelines of the ASC, it was deemed that this acquisition of an intangible fixed asset of $1,000,000, did not pass the quantitative test of impairment and it has accordingly been written down to a zero balance.







7



NOTE 4 CAPITAL STOCK


The Companys capitalization is 200,000,000 common shares with a par value of $0.001 per share.  No preferred shares have been authorized or issued.


On January 8, 2014, the Company issued 4,000,000 common shares in exchange for a capital acquisition, at $0.25 per share.


On May 15, 2014, the Company issued 150,000 common shares for cash of $60,000.


As of June 30, 2016, the Company has not granted any stock options and has not recorded any stock-based compensation.


As of June 30, 2016, 104,710,000 (104,710,000 as of December 31, 2015) common shares were issued and outstanding.


 

NOTE 5 LOAN PAYABLE RELATED PARTY LOANS


At June 30, 2016 the Company received a loan from related parties totaling $141,200 ($141,200 at December 31, 2015) of which $27,600 ($27,600 at December 31, 2015) were for expenses paid on behalf of the company by a vendor and $113,600 ($113,600 at December 31, 2015) were for expenses paid on behalf of a shareholder. These amounts are payable on demand and without interest.


 

NOTE 6 - RECENT ACCOUNTING PRONOUNCEMENTS


The company has evaluated all the recent accounting pronouncements and believes that none of them will have a material effect on the companys financial statement.


 

NOTE 7 - SUBSEQUENT EVENTS


The Company has evaluated subsequent events from the balance sheet date through the date the financial statements were available to be issued and has determined that there are no further events to disclose.


























8



Item 2.  Managements Discussion and Analysis of Financial Condition and Results of Operations.


This section of this Form 10-Q includes a number of forward-looking statements that reflect our current views with respect to future events and financial performance. Forward-looking statements are often identified by words like believe, expect, estimate, anticipate, intend, project and similar expressions, or words which, by their nature, refer to future events. You should not place undue certainty on these forward-looking statements. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from our predictions.


Results of Operations

 

For the three month period ended June 30, 2016 we had no revenue. Expenses for the three month period ended June 30, 2016 totaled $3,220 resulting in a Net loss of $3,220 compared to expenses totaling $2,850 and a net loss of $2,850 for the three month period ended June 30, 2015. The Net Loss for the three month period ended June 30, 2016 is a result of Office and general expense of $970 comprised primarily of web site maintenance expense and filing fees, Professional Fees of $2,250 comprised primarily of accounting expense and related party expense of $Nil.  The Net Loss for the three month period ended June 30, 2015 was a result of Office and general expense of $600 comprised primarily of website maintenance expense, Professional Fees of $2,250 comprised primarily of accounting expense and related party expense of $Nil.


Capital Resources and Liquidity


Our auditors have issued a going concern opinion, meaning that there is substantial doubt if we can continue as an on-going business for the next twelve months unless we obtain additional capital. No substantial revenues are anticipated until we have completed the financing from this offering and implemented our plan of operations. With the exception of cash advances from our sole Officer and Director, our only source for cash at this time is investments by others in this offering. We must raise cash to implement our strategy and stay in business. The amount of the offering will likely allow us to operate for at least one year.


As of June 30, 2016, we had $Nil in cash as compared to $Nil in cash at December 31, 2015. The funds available to the Company will not be sufficient to fund the planned operations of the Company and maintain a reporting status. Our current cash holdings will not satisfy our liquidity requirements and we will require additional financing to pursue our planned business activities.  We previously registered 4,000,000 shares of our common stock for sale to the public.  Our registration statement became effective on November 1, 2011 and we are still in the process of seeking additional equity financing in the form of private placements to fund our operations over the next 12 months.  


Management believes that if subsequent private placements are successful, we will generate sales revenue within twelve months thereof. However, additional equity financing may not be available to us on acceptable terms or at all, and thus we could fail to satisfy our future cash requirements.


We do not anticipate researching and releasing any further features to our software nor do we foresee the purchase or sale of any significant equipment. We also do not expect any significant additions to the number of employees.


Off-balance sheet arrangements


Other than the situation described in the section titled Capital Recourses and Liquidity, the company has no off-balance sheet arrangements that have or are reasonably likely to have a current or future effect or change on the companys financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to investors. The term off-balance sheet arrangement generally means any transaction, agreement or other contractual arrangement to which an entity unconsolidated with the company is a party, under which the company has (i) any obligation arising under a guarantee contract, derivative instrument or variable interest; or (ii) a retained or contingent interest in assets transferred to such entity or similar arrangement that serves as credit, liquidity or market risk support for such assets.

Item 3.  Quantitative and Qualitative Disclosures About Market Risk.


We are a smaller reporting company as defined by Rule 12b-2 of the Exchange Act and are not required to provide the information required under this item.

Item 4.  Controls and Procedures.


Disclosure Controls and Procedures




9



Disclosure controls and procedures are controls and other procedures that are designed to ensure that information required to be disclosed in our reports filed or submitted under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported, within the time period specified in the SEC's rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed in our reports filed or submitted under the Securities Exchange Act of 1934 is accumulated and communicated to management including our principal executive officer and principal financial officer as appropriate, to allow timely decisions regarding required disclosure.


In connection with this quarterly report, as required by Rule 15d-15 under the Securities Exchange Act of 1934, we have carried out an evaluation of the effectiveness of the design and operation of our company's disclosure controls and procedures. This evaluation was carried out under the supervision and with the participation of our company's management, including our company's principal executive officer and principal financial officer. Based upon that evaluation, our company's principal executive officer and principal financial officer concluded that subject to the inherent limitations noted in this Part II, Item 9A(T) as of June 30, 2016, our disclosure controls and procedures were not effective due to the existence of material weaknesses in our internal controls over financial reporting.


Changes in Internal Control Over Financial Reporting


There were no changes in our internal control over financial reporting (as defined in Rule 13a-15(f) or 15d-15(f)) during the quarter ended June 30, 2016 that have materially affected, or are reasonably likely to materially affect, our internal controls over financial reporting.

PART IIOTHER INFORMATION

Item 1. Legal Proceedings.


Currently we are not involved in any pending litigation or legal proceeding.

Item 1A. Risk Factors.


We are a smaller reporting company as defined by Rule 12b-2 of the Exchange Act and are not required to provide the information required under this item.

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


None

Item 3. Defaults Upon Senior Securities.


None

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


None

Item 5. Other Information.


None

Item 6. Exhibits.


3(i)

Articles of Incorporation1

3(ii)

Bylaws2

31.1

Rule 13(a)-14(a)/15(d)-14(a) Certification of Chief Executive Officer

31.2

Rule 13(a)-14(a)/15(d)-14(a) Certification of Chief Financial Officer *

32.1

Section 1350 Certification of Chief Executive Officer

32.2

Section 1350 Certification of Chief Financial Officer **

101

Interactive Data Files




10



(1) Incorporated by reference to the Registrants Registration Statement on Form S-1 (File No. 333-160031), filed with the Securities and Exchange Commission on June 17, 2011.


(2) Incorporated by reference to the Registrants Registration Statement on Form S-1 (File No. 333-160031), filed with the Securities and Exchange Commission on June 17, 2011.

*     Included in Exhibit 31.1

**   Included in Exhibit 32.1



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.


All Marketing Solutions, Inc.   

(Registrant)



    Date: March 22, 2017                                                                                      By:/s/ Nathathai Thongda                                                                                                                                                                                                                   

  Nathathai Thongda   President and Director

  Principal and Executive Officer

  Principal Financial Officer

  Principal Accounting Officer





















 







11


EX-31 2 exhibit31.htm EXHIBIT 31 Exhibit31

Exhibit 31.1                                                           


CERTIFICATIONS


I, Nathathai Thongda, certify that:


1. I have reviewed this quarterly report of All Marketing Solutions, 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 presented in this report;


4. The registrants 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 the 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 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 controls and procedures, or caused such disclosure controls and procedures 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 registrants 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 registrants internal control over financial reporting that occurred during the registrants most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrants internal control over financial reporting; and  


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


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 registrants 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 registrants internal control over financial reporting.



/s/ Nathathai Thongda

Nathathai Thongda

President, Secretary Treasurer, Principal Executive Officer,

Principal Financial Officer and Director


Date:  March 22, 2017





EX-32 3 exhibit32.htm EXHIBIT 32 Exhibit32

Exhibit 32.1


 

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 on Form 10-Q for the period ended June 30, 2016 of All Marketing Solutions, Inc., a Nevada corporation (the "Company"), as filed with the Securities and Exchange Commission on the date hereof (the "Transition Report"), I, Nathathai Thongda, President and Chief Financial 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 Quarterly Report fully complies with the requirements of Section 13(a) or15(d) of the Securities and Exchange Act of 1934, as amended; and


2. The information contained in this Quarterly Report fairly presents, in all material respects, the financial condition and results of operation of the Company.



 /s/ Nathathai Thongda

Nathathai Thongda

President, Secretary Treasurer, Principal Executive Officer,

Principal Financial Officer and Director



Date: March 22, 2017






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Note 1 - Condensed Financial Statements Office and General Liabilities and Stockholders' Equity/(Deficit) Entity Voluntary Filers Working capital deficit Represents the monetary amount of Working capital deficit, as of the indicated date. Note 2 - Substantial Doubt about Going Concern Expenses paid on company's behalf by shareholder Professional Fees Common Stock, Shares Authorized Additional Paid in Capital Total Assets Total Assets Software, less impairment Founder's shares per share Represents the per-share monetary value of Founder's shares per share, as of the indicated date. Basic and Diluted Loss per Common Share Revenue Common Stock, Par Value Total Current Liabilities Cash {1} Cash Income taxes Operating Activities Total Expenses Stockholders' Equity (Deficit) Entity Registrant Name Common shares Represents the Common shares (number of shares), as of the indicated date. Cash end of period Current Fiscal Year End Date Loans Represents the monetary amount of Loans, as of the indicated date. Note 6 - Recent Accounting Pronouncements Notes Impairment of software source code Related party Loans from related party Total Fixed Assets Assets {1} Assets Entity Current Reporting Status Accumulated deficit {1} Accumulated deficit Represents the monetary amount of Accumulated deficit, as of the indicated date. Details Note 4 - Capital Stock Supplemental cash flow information and noncash financing activities: Financing Activities Adjustments to Reconcile Net Loss to net cash used in Operating Activities: Weighted Average Number of Common Shares Outstanding Revenues {1} Revenues Fixed Assets Total Current Assets Total Current Assets Prepaid expenses Represents the CommonSharesIssued (number of shares), as of the indicated date. Represents the CommonSharesIssued (number of shares), as of the indicated date. Current Assets Interest Net Income (Loss) Total Stockholders' Equity/Defict Entity Central Index Key Document Period End Date Document Type Common shares with a par value Represents the per-share monetary value of Common shares with a par value, as of the indicated date. Net Cash Provided by (Used in) Financing Activities Net Cash Provided by (Used in) Operating Activities Total Revenues Total Revenues Total Liabilities and Stockholder's Equity (Deficit) Total Liabilities and Stockholder's Equity (Deficit) Accumulated deficit Amendment Flag EX-101.PRE 8 ptpro-20160630_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT EX-101.INS 9 ptpro-20160630.xml XBRL INSTANCE DOCUMENT 0 0 0 0 158358 152288 27600 27600 113600 113600 299558 293488 104710 104710 960610 960610 -1364878 -1358808 -299558 -293488 0 0 0.001 0.001 200000000 200000000 104710 104710 104710 104710 970 600 1570 3299 2250 2250 4500 5250 3220 2850 6070 8549 -3220 -2850 -6070 -8549 104710000 104710000 104710000 104710000 -6070 -8549 26989 6070 -18440 626 626 <!--egx--><p style='margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;margin-bottom:0cm;margin-bottom:.0001pt;text-align:justify;line-height:normal'><b><u><font lang="EN-US">NOTE 1 &#150; CONDENSED FINANCIAL STATEMENTS</font></u></b></p> <p style='margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;margin-bottom:0cm;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin:0cm;margin-bottom:.0001pt;text-align:justify'><font lang="EN-US">The accompanying financial statements have been prepared by the Company without audit.&#160; 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 June 30, 2016, and for all periods presented herein, have been made.</font></p> <p style='margin:0cm;margin-bottom:.0001pt;text-align:justify'>&nbsp;</p> <p style='margin:0cm;margin-bottom:.0001pt;text-align:justify'><font lang="EN-US">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.&#160; It is suggested that these condensed financial statements be read in conjunction with the financial statements and notes thereto included in the Company&#146;s December 31, 2015 audited financial statements.&#160; The results of operations for the periods ended June 30, 2016 and the same period last year are not necessarily indicative of the operating results for the full years.</font></p> <p style='margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;margin-bottom:0cm;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <!--egx--><p style='margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%'><b><font lang="EN-US">NOTE 2 &#150; GOING CONCERN</font></b></p> <p style='margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;text-align:justify'><font lang="EN-US">The Company&#146;s financial statements are prepared in accordance with generally accepted accounting principles applicable to a going concern.&#160; This contemplates the realization of assets and the liquidation of liabilities in the normal course of business. Currently, the Company has a working capital deficit of </font><font lang="EN-US">$299,558</font><font lang="EN-US">, an accumulated deficit of </font><font lang="EN-US">$1,364,878</font><font lang="EN-US">. The Company does not have a source of revenue sufficient to cover its operation costs giving substantial doubt for it to continue as a going concern. The Company will be dependent upon the raising of additional capital through placement of our common stock in order to implement its business plan, or merge with an operating company.&#160; There can be no assurance that the Company will be successful in either situation in order to continue as a going concern.&#160; The Company funded its initial operations by way of issuing Founder&#146;s shares.</font></p> <p style='margin:0cm;margin-bottom:.0001pt;text-align:justify'><font lang="EN-US">In order to continue as a going concern, the Company will need, among other things, additional capital resources. Management&#146;s plan is to obtain such resources for the Company by obtaining capital from management and significant shareholders sufficient to meet its minimal operating expenses and seeking equity and/or debt financing. However management cannot provide any assurances that the Company will be successful in accomplishing any of its plans.</font></p> <p style='margin:0cm;margin-bottom:.0001pt;text-align:justify'>&nbsp;</p> <p style='margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;text-align:justify'><font lang="EN-US">The ability of the Company to continue as a going concern is dependent upon its ability to successfully accomplish the plans described in the preceding paragraph and eventually secure other sources of financing and attain profitable operations. The accompanying financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.</font></p> <p style='margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%'>&nbsp;</p> <!--egx--><p style='margin:0cm;margin-bottom:.0001pt;text-align:justify'><b><u><font lang="EN-US">NOTE 3 - IMPAIRMENT OF FIXED ASSET</font></u></b></p> <p style='margin:0cm;margin-bottom:.0001pt;text-align:justify'>&nbsp;</p> <p style='margin:0cm;margin-bottom:.0001pt;text-align:justify'><font lang="EN-US">On January 8, 2014, the Company, completed the acquisition of, and exclusive rights in and to, computer source code related to software applications for the management of Internet cloud storage services in exchange for </font><font lang="EN-US">4,000,000 </font><font lang="EN-US">shares of Common Restricted Stock at a value of&#160; </font><font lang="EN-US">$0.25 </font><font lang="EN-US">per share for the source and object code forms of the software applications.</font></p> <p style='margin:0cm;margin-bottom:.0001pt;text-align:justify'>&nbsp;</p> <p style='margin:0cm;margin-bottom:.0001pt;text-align:justify'><font lang="EN-US">Within the guidelines of the ASC, it was deemed that this acquisition of an intangible fixed asset of $1,000,000, did not pass the quantitative test of impairment and it has accordingly been written down to a zero balance.</font></p> <p style='margin:0cm;margin-bottom:.0001pt;text-align:justify'>&nbsp;</p> <p style='margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;margin-bottom:0cm;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> <p style='margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> <!--egx--><p style='margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%'><b><font lang="EN-US">NOTE 4 &#150; CAPITAL STOCK</font></b></p> <p style='margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%'><font lang="EN-US">The Company&#146;s capitalization is </font><font lang="EN-US">200,000,000</font><font lang="EN-US"> common shares with a par value of </font><font lang="EN-US">$0.001 </font><font lang="EN-US">per share.&#160; No preferred shares have been authorized or issued.</font></p> <p style='margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%'><font lang="EN-US">On January 8, 2014, the Company issued </font><font lang="EN-US">4,000,000</font><font lang="EN-US"> common shares in exchange for a capital acquisition, at </font><font lang="EN-US">$0.25 </font><font lang="EN-US">per share.</font></p> <p style='margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%'><font lang="EN-US">&#160;On May 15, 2014, &#160;the Company issued </font><font lang="EN-US">150,000 </font><font lang="EN-US">common shares for cash of </font><font lang="EN-US">$60,000</font><font lang="EN-US">. </font></p> <p style='margin:0cm;margin-bottom:.0001pt;text-align:justify'><font lang="EN-US">As of June 30, 2016, the Company has not granted any stock options and has not recorded any stock-based compensation.</font></p> <p style='margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> <p style='margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><font lang="EN-US">As of June 30, 2016, &#160;</font><font lang="EN-US">104,710,000</font><font lang="EN-US"> (104,710,000 as of December 31, 2015) common shares issued and outstanding.</font></p> <p style='margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> <p style='margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p> <!--egx--><p style='margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%'><b><font lang="EN-US">NOTE 5 &#150; LOAN PAYABLE - RELATED PARTY LOANS</font></b></p> <p style='margin:0cm;margin-bottom:.0001pt'><font lang="EN-US">As of June 30, 2016 the Company received a loan from related parties totaling </font><font lang="EN-US">$141,200</font><font lang="EN-US"> ($141,200 at December 31, 2015) of which &#160;</font><font lang="EN-US">$27,600</font><font lang="EN-US">,($27,600 at December 31, 2015) were for expenses paid on behalf of the company by a vendor and </font><font lang="EN-US">$113,600 </font><font lang="EN-US">($113,600 at December 31, 2015) were for expenses paid on behalf of a shareholder. These amounts are payable on demand and without interest.</font></p> <!--egx--><p style='margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;margin-bottom:0cm;margin-bottom:.0001pt;text-align:justify;line-height:normal'><b><u><font lang="EN-US">NOTE 6 - RECENT ACCOUNTING PRONOUNCEMENTS</font></u></b></p> <p style='margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;margin-bottom:0cm;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;margin-bottom:0cm;margin-bottom:.0001pt;text-align:justify;line-height:normal'><font lang="EN-US">The company has evaluated all the recent accounting pronouncements and believes that none of them will have a material effect on the company&#146;s financial statement.</font></p> <p style='margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;margin-bottom:0cm;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <!--egx--><p style='margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;margin-bottom:0cm;margin-bottom:.0001pt;text-align:justify;line-height:normal'><b><u><font lang="EN-US">NOTE 7 - SUBSEQUENT EVENTS</font></u></b></p> <p style='margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;margin-bottom:0cm;margin-bottom:.0001pt;text-align:justify;line-height:normal'>&nbsp;</p> <p style='margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;margin-bottom:0cm;margin-bottom:.0001pt;text-align:justify;line-height:normal'><font lang="EN-US">The Company has evaluated subsequent events from the balance sheet date through the date the financial statements were issued and has determined that there are no further events to disclose.</font></p> 299558 1364878 4000000 0.25 200000000 0.001 4000000 0.25 150000 60000 104710000 141200 27600 113600 10-Q 2016-06-30 false All Marketing Solutions, Inc. 0001464300 ptpro --12-31 104710000 104710 Smaller Reporting Company Yes Yes No 2016 Q2 0001464300 2015-06-30 0001464300 2016-01-01 2016-06-30 0001464300 2016-06-30 0001464300 2015-12-31 0001464300 2016-04-01 2016-06-30 0001464300 2015-04-01 2015-06-30 0001464300 2015-01-01 2015-06-30 0001464300 2015-07-01 2015-09-30 0001464300 2014-01-08 0001464300 2014-05-15 iso4217:USD shares iso4217:USD shares XML 10 R1.htm IDEA: XBRL DOCUMENT v3.6.0.2
Document and Entity Information - USD ($)
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Document and Entity Information:    
Entity Registrant Name All Marketing Solutions, Inc.  
Document Type 10-Q  
Document Period End Date Jun. 30, 2016  
Trading Symbol ptpro  
Amendment Flag false  
Entity Central Index Key 0001464300  
Current Fiscal Year End Date --12-31  
Entity Common Stock, Shares Outstanding   104,710,000
Entity Public Float   $ 104,710
Entity Filer Category Smaller Reporting Company  
Entity Current Reporting Status Yes  
Entity Voluntary Filers Yes  
Entity Well-known Seasoned Issuer No  
Document Fiscal Year Focus 2016  
Document Fiscal Period Focus Q2  
XML 11 R2.htm IDEA: XBRL DOCUMENT v3.6.0.2
Condensed Balance Sheets - Unaudited - USD ($)
Jun. 30, 2016
Dec. 31, 2015
Current Assets    
Cash
Prepaid expenses
Total Current Assets 0 0
Fixed Assets    
Software, less impairment
Total Fixed Assets
Total Assets 0 0
Current Liabilities    
Accounts Payable and Accrued Liabilities 158,358 152,288
Accounts Payable - related party 27,600 27,600
Loans from related party 113,600 113,600
Total Current Liabilities 299,558 293,488
Stockholders' Equity (Deficit)    
Common Stock, Value, Issued 104,710 104,710
Additional Paid in Capital 960,610 960,610
Accumulated deficit (1,364,878) (1,358,808)
Total Stockholders' Equity/Defict (299,558) (293,488)
Total Liabilities and Stockholder's Equity (Deficit) $ 0 $ 0
XML 12 R3.htm IDEA: XBRL DOCUMENT v3.6.0.2
Statement of Financial Position - Parenthetical - $ / shares
Jun. 30, 2016
Dec. 31, 2015
Balance Sheets    
Common Stock, Par Value $ 0.001 $ 0.001
Common Stock, Shares Authorized 200,000,000 200,000,000
Common Stock, Shares Issued 104,710 104,710
Common Stock, Shares Outstanding 104,710 104,710
XML 13 R4.htm IDEA: XBRL DOCUMENT v3.6.0.2
Condensed Statement of Operations - Unaudited - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenue        
Revenues
Total Revenues
Expenses        
Impairment of fixed asset
Office and General 970 600 1,570 3,299
Professional Fees 2,250 2,250 4,500 5,250
Related party
Total Expenses 3,220 2,850 6,070 8,549
Net Loss $ (3,220) $ (2,850) $ (6,070) $ (8,549)
Basic and Diluted Loss per Common Share
Weighted Average Number of Common Shares Outstanding 104,710,000 104,710,000 104,710,000 104,710,000
XML 14 R5.htm IDEA: XBRL DOCUMENT v3.6.0.2
Condensed Statement of Cash Flows - Unaudited - USD ($)
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Operating Activities    
Net Income (Loss) $ (6,070) $ (8,549)
Adjustments to Reconcile Net Loss to net cash used in Operating Activities:    
Impairment of software source code
Expenses paid on company's behalf by shareholder 26,989
Prepaid Expenses
Increase (Decrease) in Accrued Expenses 6,070 (18,440)
Net Cash Provided by (Used in) Operating Activities
Net Cash Provided by (Used in) Investing Activities
Financing Activities    
Proceeds from Sale of Common Stock
Net Cash Provided by (Used in) Financing Activities
Net Increase (Decrease) in Cash
Cash beginning of period 626
Cash end of period 626
Supplemental cash flow information and noncash financing activities:    
Interest
Income taxes
XML 15 R6.htm IDEA: XBRL DOCUMENT v3.6.0.2
Note 1 - Condensed Financial Statements
3 Months Ended
Jun. 30, 2016
Notes  
Note 1 - Condensed Financial Statements

NOTE 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 June 30, 2016, and for all periods presented herein, 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 December 31, 2015 audited financial statements.  The results of operations for the periods ended June 30, 2016 and the same period last year are not necessarily indicative of the operating results for the full years.

 

XML 16 R7.htm IDEA: XBRL DOCUMENT v3.6.0.2
Note 2 - Substantial Doubt about Going Concern
3 Months Ended
Jun. 30, 2016
Notes  
Note 2 - Substantial Doubt about Going Concern

NOTE 2 – GOING CONCERN

The Company’s financial statements are prepared in accordance with generally accepted accounting principles applicable to a going concern.  This contemplates the realization of assets and the liquidation of liabilities in the normal course of business. Currently, the Company has a working capital deficit of $299,558, an accumulated deficit of $1,364,878. The Company does not have a source of revenue sufficient to cover its operation costs giving substantial doubt for it to continue as a going concern. The Company will be dependent upon the raising of additional capital through placement of our common stock in order to implement its business plan, or merge with an operating company.  There can be no assurance that the Company will be successful in either situation in order to continue as a going concern.  The Company funded its initial operations by way of issuing Founder’s shares.

In order to continue as a going concern, the Company will need, among other things, additional capital resources. Management’s plan is to obtain such resources for the Company by obtaining capital from management and significant shareholders sufficient to meet its minimal operating expenses and seeking equity and/or debt financing. However management cannot provide any assurances that the Company will be successful in accomplishing any of its plans.

 

The ability of the Company to continue as a going concern is dependent upon its ability to successfully accomplish the plans described in the preceding paragraph and eventually secure other sources of financing and attain profitable operations. The accompanying financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.

 

XML 17 R8.htm IDEA: XBRL DOCUMENT v3.6.0.2
Note 3 - Impairment of Fixed Asset
3 Months Ended
Jun. 30, 2016
Notes  
Note 3 - Impairment of Fixed Asset

NOTE 3 - IMPAIRMENT OF FIXED ASSET

 

On January 8, 2014, the Company, completed the acquisition of, and exclusive rights in and to, computer source code related to software applications for the management of Internet cloud storage services in exchange for 4,000,000 shares of Common Restricted Stock at a value of  $0.25 per share for the source and object code forms of the software applications.

 

Within the guidelines of the ASC, it was deemed that this acquisition of an intangible fixed asset of $1,000,000, did not pass the quantitative test of impairment and it has accordingly been written down to a zero balance.

 

 

 

 

XML 18 R9.htm IDEA: XBRL DOCUMENT v3.6.0.2
Note 4 - Capital Stock
3 Months Ended
Jun. 30, 2016
Notes  
Note 4 - Capital Stock

NOTE 4 – CAPITAL STOCK

The Company’s capitalization is 200,000,000 common shares with a par value of $0.001 per share.  No preferred shares have been authorized or issued.

On January 8, 2014, the Company issued 4,000,000 common shares in exchange for a capital acquisition, at $0.25 per share.

 On May 15, 2014,  the Company issued 150,000 common shares for cash of $60,000.

As of June 30, 2016, the Company has not granted any stock options and has not recorded any stock-based compensation.

 

As of June 30, 2016,  104,710,000 (104,710,000 as of December 31, 2015) common shares issued and outstanding.

 

 

XML 19 R10.htm IDEA: XBRL DOCUMENT v3.6.0.2
Note 5 - Loan Payable - Related Party Loans
3 Months Ended
Sep. 30, 2015
Notes  
Note 5 - Loan Payable - Related Party Loans

NOTE 5 – LOAN PAYABLE - RELATED PARTY LOANS

As of June 30, 2016 the Company received a loan from related parties totaling $141,200 ($141,200 at December 31, 2015) of which  $27,600,($27,600 at December 31, 2015) were for expenses paid on behalf of the company by a vendor and $113,600 ($113,600 at December 31, 2015) were for expenses paid on behalf of a shareholder. These amounts are payable on demand and without interest.

XML 20 R11.htm IDEA: XBRL DOCUMENT v3.6.0.2
Note 6 - Recent Accounting Pronouncements
3 Months Ended
Jun. 30, 2016
Notes  
Note 6 - Recent Accounting Pronouncements

NOTE 6 - RECENT ACCOUNTING PRONOUNCEMENTS

 

The company has evaluated all the recent accounting pronouncements and believes that none of them will have a material effect on the company’s financial statement.

 

XML 21 R12.htm IDEA: XBRL DOCUMENT v3.6.0.2
Note 7 - Subsequent Events
3 Months Ended
Jun. 30, 2016
Notes  
Note 7 - Subsequent Events

NOTE 7 - SUBSEQUENT EVENTS

 

The Company has evaluated subsequent events from the balance sheet date through the date the financial statements were issued and has determined that there are no further events to disclose.

XML 22 R13.htm IDEA: XBRL DOCUMENT v3.6.0.2
Note 2 - Substantial Doubt about Going Concern (Details)
Jun. 30, 2016
USD ($)
Details  
Working capital deficit $ 299,558
Accumulated deficit $ 1,364,878
XML 23 R14.htm IDEA: XBRL DOCUMENT v3.6.0.2
Note 3 - Impairment of Fixed Asset (Details)
Jan. 08, 2014
$ / shares
shares
Details  
Common Restricted Stock | shares 4,000,000
Common Restricted Stock | $ / shares $ 0.25
XML 24 R15.htm IDEA: XBRL DOCUMENT v3.6.0.2
Note 4 - Capital Stock (Details) - USD ($)
Jun. 30, 2016
May 15, 2014
Jan. 08, 2014
Details      
Common shares 200,000,000    
Common shares with a par value $ 0.001    
Founder's shares     4,000,000
Founder's shares per share     $ 0.25
Represents the CommonSharesIssued (number of shares), as of the indicated date.   150,000  
Common shares issued value   $ 60,000  
Represents the CommonSharesIssuedAndOutstanding (number of shares), as of the indicated date. 104,710,000    
XML 25 R16.htm IDEA: XBRL DOCUMENT v3.6.0.2
Note 5 - Loan Payable - Related Party Loans (Details)
Jun. 30, 2016
USD ($)
Details  
Loans $ 141,200
Expenses paid on behalf of the company 27,600
Expenses paid on behalf of a shareholder $ 113,600
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