10-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-K

þ    ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended December 31, 2014

o    TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ______________ to ______________

Commission File  333-173028

AlphaPoint Technology, Inc.

(Exact name of registrant as specified in its charter)

Delaware	26-3748249
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)

6371 Business Blvd. Suite 200 Sarasota, FL	34240
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code   (941) 896-7848

Securities registered pursuant to Section 12(b) of the Act:  None

Securities registered pursuant to section 12(g) of the Act:

Common Stock, par value of $0.01

(Title of class)

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.

o Yes   þ No

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.

o Yes   þ No

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.

þ Yes   o 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).

þ Yes   o No

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (§ 229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K.

o

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 o	Accelerated filer o
Non-accelerated filer o  (Do not check if smaller reporting company)	Smaller reporting company þ

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).

o Yes    þ No

State the aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant’s most recently completed second fiscal quarter, June 30, 2014:   $3,285,000

Number of the issuer’s Common Stock outstanding as of April 15, 2015:   186,282,453

Documents incorporated by reference: None.

ALPHA POINT TECHNOLOGIES, INC.

FORM 10-K

FOR THE FISCAL YEAR ENDED DECEMBER 31, 2014

TABLE OF CONTENTS

		Page
PART I
Item 1.	Business	1
Item 1A	Risk Factors	1
Item 1B	Unresolved Staff Comments	3
Item 2.	Properties	3
Item 3.	Legal Proceedings	3
Item 4.	Mine Safety Disclosures	3
PART II
Item 5.	Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Securities	4
Item 6.	Selected Financial Data	4
Item 7.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	4
Item 7A.	Quantitative and Qualitative Disclosures About Market Risk	9
Item 8.	Financial Statements and Supplementary Data	9
Item 9.	Changes in and Disagreements With Accountants on Accounting and Financial Disclosure	10
Item 9A.	Controls and Procedures	10
Item 9B.	Other Information	10
PART III
Item 10.	Directors, Executive Officers and Corporate Governance of the Registrant	11
Item 11.	Executive Compensation	15
Item 12.	Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters	17
Item 13.	Certain Relationships and Related Transactions and Director Independence	18
Item 14.	Principal Accountant Fees and Services	18
PART IV
Item 15.	Exhibits and Financial Statement Schedules	19
Signatures		20
EX-23.1	Consent of Independent Registered Public Accounting Firm
EX-31.1	Rule 13a-14(a) Certification of Principal Executive Officer
EX-31.2	Rule 13a-14(a) Certification of Principal Financial and Accounting Officer
EX-32.1	Certification of Principal Executive Officer pursuant to 18 U.S.C. Section 1350 as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
EX-32.2	Certification of Principal Financial and Accounting Officer pursuant to 18 U.S.C. Section 1350 as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

PART I

ITEM 1. BUSINESS

Background Information

AlphaPoint Technology, Inc. (the “Company”) was incorporated in the State of Delaware on November 13, 2008. AlphaPoint was founded on the belief that challenges exist in implementing a comprehensive Information Technology Asset Management (“ITAM”) solution within infrastructure that supports the delivery of IT services within an organization. Our solutions focus around a mix of professional service offerings and our proprietary patent-pending software. AssetCentral, is a multi-tier web-based enterprise application that uses a SQL database for storage, on-demand content generation, hyper-linking and Cascading Style Sheets (CSS) to create a highly customizable tool for managing IT assets.

On December 23, 2014, AlphaPoint Technology, Inc. closed the share exchange transaction for the acquisition of all the issued and outstanding shares of N’Compass Solutions, Inc. (N’Compass”) a Minnesota corporation.  Since that time issues arose, as a result, the Parties desire to unwind the transaction and are currently negotiating the terms of an Unwind Agreement(s). The consolidation of management, positional appointed but not mutually executed, operations, assets, and liabilities did not happen from the time of the equity swap to the unwind time.

Business Operations

AlphaPoint Technology, Inc. developed AssetCentral, a unique patent pending (#12/761,861) Visual Modeling IT Asset Management software solution that enables data centers and IT infrastructure managers to accurately count, track, manage, and report all physical IT assets, their location, and respective information via any web browser. AssetCentral creates a new dimension to the operational IT Asset management process that eliminates wasted time and resources. We believe our proprietary solution adds significant value to any enterprise and creates the ultimate baseline or hub for managing any IT assets operationally as well as giving a comprehensive overview of the financial dynamics of IT spending, budgeting, and forecasting.

ITEM 1A. RISK FACTORS

RISKS RELATED TO OUR BUSINESS

Limited Corporate History

We were incorporated on November 13, 2008 and have a limited operating history that can be used to evaluate us, and the likelihood of our success must be considered in light of the problems, expenses, difficulties, complications and delays that we may encounter because we are a small business. As a result, we may not be profitable and we may not be able to generate sufficient revenue to develop as we have planned. To address these risks the Company must, among other things, continue to attract investment capital, respond to competitive factors, continue to attract, retain and motivate qualified personnel and commercialize and continue to upgrade the AssetCentral Software. The Company’s Auditors have expressed a going concern qualification in their independent auditor’s report to the Company relating to the Company’s audited financial statements for the years ended December 31, 2013 and 2014.

Loss of Intellectual Property

The Company relies on a combination of patent, copyright, trademark, and trade secret laws and confidentiality procedures to protect its propriety rights. Others may independently develop similar proprietary information and techniques or gain access to the Company’s intellectual property rights or disclose such technology. The Company cannot assure that it will receive U.S. Patent and Trademark Office approval on its provisional patent application (# 12/761,861) for its software product, or that any patent or registered trademark owned by it will not be invalidated, circumvented or challenged in the U.S. or foreign countries or that the rights granted there under will provide competitive advantages to the Company or that any of the Company’s pending or future patent applications will be issued with the scope of the claims sought by the Company if at all. Furthermore, others may develop similar products, duplicate the Company’s products, or design around its patent. In addition, foreign intellectual property laws may not protect the Company’s intellectual property rights. Litigation may be necessary to enforce the Company’s patent and other intellectual property rights and to protect its trade secrets. Litigation could result in substantial costs and diversion of recourses which could harm the Company’s business and the Company could ultimately be unsuccessful in protecting its intellectual property rights. Further, the Company’s intellectual property protection controls across global operations may not be adequate to fully protect them from the theft or misappropriation of the Company’s intellectual property, which could adversely harm its business.

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Limited resources

If we are unsuccessful at raising sufficient capital to fund the Company we may be forced to seek a buyer for our business or another entity to create a joint-venture with.

We are currently deficient of liquidity and capital resources and do not generate sufficient revenue to sustain our operations. We have minimal cash reserves and have depended on monthly cash contributions from our majority shareholder, Mr. Gary Macleod, to meet our obligations. There are no written agreements for the Company to repay these cash contributions, and we do not believe written agreements are necessary due to the time and effort Mr. Macleod has invested in this venture.

We expect to generate revenue during the year, minimizing our need for support from Mr. Macleod; however, we will require capital to market our product and achieve our operating plan. On May 5, 2013, a subscription agreement was signed for the purchase of up to 2,500,000 shares at a purchase price of $0.10 per share for an aggregate maximum amount of $250,000. The investments were to be made by $10,000 payments on the first day of each month, for the period of up to twenty-four (24) months and the stock will be issued monthly accordingly, in book format. The payments ceased in September 2014 and the Company does not anticipate the payments to resume. The investor has purchased 1,600,000 shares of the 2,500,000 total and the investor has forfeited his right to purchase 1,250,000 Warrants.

Limited market for our Stock

The Company’s stock is listed and traded on the OTC Bulletin Board. The trading of securities on the OTC Bulletin Board is often sporadic and investors may have difficulty buying and selling our shares or obtaining market quotations for them, which may have a negative effect on the market price of our common stock. You may not be able to sell your shares at their purchase price or any price at all. Accordingly, you may have difficulty reselling any share you purchase from the selling security holders. We cannot guarantee that there will be a future market for our common stock.

Penny Stock risk

Our common stock is currently considered a “penny stock” and may continue in the future to be subject to the “penny stock” rules adopted under Section 15(g) of the Exchange Act.  The penny stock rules generally apply to companies whose common stock is not listed on The NASDAQ Stock Market or other national securities exchange and trades at less than $5.00 per share, other than companies that have had average revenue of at least $6,000,000 for the last three years or that have tangible net worth of at least $5,000,000 ($2,000,000 if the company has been operating for three or more years.)  These rules require, among other things, that brokers who trade penny stock to persons other than “established customers” complete certain documentation, make suitability inquiries of investors and provide investors with certain information concerning trading in the security, including a risk disclosure document and quote information under certain circumstances.  Many brokers have decided not to trade penny stocks because of the requirements of the penny stock rules for any significant period, it could have an adverse effect on the market, if any, for our securities.  Since our securities are subject to the penny stock rules, investors may find it more difficult to dispose of our securities.

No independent audit committee risk

The Company does not have any committees.

Going concern

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern.  The Company has a history of losses, primarily due to its product development stage, resulting in an accumulated deficit.  The Company is dependent on financing from its Officer shareholder and related parties to meet its current operating obligations. In view of these matters, the Company’s ability to continue as a going concern is dependent upon the Company’s ability to generate revenues from operations and to achieve a level of profitability. The Company intends on financing its future development activities, marketing plan and its working capital needs largely from the sale of public equity securities with some additional funding from other traditional financing sources, including term notes until such time that funds provided by operations are sufficient to fund working capital requirements.

The financial statements of the Company do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts and classifications of liabilities that might be necessary should the Company be unable to continue as a going concern.

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Ineffective internal control risks

The Company’s management does not expect that our disclosure controls and procedures or our internal control over financial reporting will prevent or detect all error or all fraud.  A control system, no matter how well designed and operated, can provide only reasonable, not absolute, assurance that the control system’s objectives will be met.  Further, the design of the control system must reflect that there are resource constraints and that the benefits must be considered relative to their costs.  Because of the inherent limitation in all control systems, no evaluation of controls can provide absolute assurance that all control issues and instances of fraud, if any, with the company have been detected.  These inherent limitations include the realities that judgments in decision-making can be faulty and that breakdowns can occur because of simple error or mistakes.  Controls can also be circumvented by the individual acts of some personals, by collusion of two or more people, or by management override of controls.  The design of any system of controls is based in part on certain assumptions about the likelihood of future events, and there can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions.  Projections of any evaluation of controls effectiveness to future periods are subject to risks.  Over time, controls may become inadequate because of changes in conditions or deterioration in the degree of compliance with policies or procedures.

Management Risks

Managing a small public company involves a high degree of risk. Few small public companies ever reach market stability and we will be subject to oversight from governing bodies and regulations that will be costly to meet.  Our present officers and directors do have experience in managing a fully reporting public company, but may also obtain outside consultants to assist with our meeting these requirements.  These outside consultants are expensive and can have a direct impact on our ability to be profitable.

While the Company is attempting to disclose all of the potential risks associated with an investment in the Company, there can be no assurance that all of the risks are visible to management.  Events occurring in the future may be additional risks to an investment in the Company.

ITEM 1B. UNRESOLVED STAFF COMMENTS

None.

ITEM 2. PROPERTIES

The Company does not own any property at this time.  The Company has offices in rented space on a month to month basis in Sarasota, Florida.

ITEM 3. LEGAL PROCEEDINGS

Current regulations and reporting requirements require the Company to disclose any legal proceedings that are ongoing and could have a material impact on the financial statements for the year ended December 31, 2014. On February 25, 2015, the Company accepted service of a Complaint filed by Ladenburg Thalmann & Co. (“Ladenburg”) in the 11^th Judicial Circuit Court, Miami-Dade County, Florida (Case No. 15004012 CA 01). The Complaint alleges counts of Breach of Contract, Quantum Meruit, and Unjust Enrichment, for failure to pay a transaction fee of $100,000 to Ladenburg for the N’compass Solutions, Inc. closing on December 23, 2014.  The Company filed an Answer and Affirmative Defenses on March 16, 2015 and Amended Answer and Counterclaim on March 19, 2015 presenting the following affirmative defenses and counterclaims: Estoppel, Failure of Consideration, Waiver, Unclean Hands, and Fraud in the Inducement, and Breach of Contract, Negligent and Fraudulent Misrepresentation and violation of Florida’s Unfair or Deceptive Acts or Practices Act. There are no proceedings in which any of our directors, sole officers or affiliates, or any registered beneficial shareholder are an adverse party or has a material interest adverse to us.

ITEM 4. MINE SAFTEY DISCLOSURES

Not Applicable.

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PART II

ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDERS’ MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

Price Range of Common Stock

The Company’s common stock is listed on the Over the Counter Bulletin Board (“OTC: BB”) under the symbol “APPO”.  The Company received its “Notice of Effectiveness” on November 1, 2011.

The following table sets forth the high and low trade information for our common stock for each quarter for the current year. The prices reflect inter-dealer quotations, do not include retail mark-ups, markdowns or commissions and do not necessarily reflect actual transactions.

	High		Low
Fiscal Year 2013
First quarter ended March 31, 2013	$	0.27	$	0.27
Second quarter ended June 30, 2013	$	0.27	$	0.25
Third quarter ended September 30, 2013	$	0.50	$	0.25
Fourth quarter ended December 31, 2013	$	0.47	$	0.10
Fiscal Year 2014
First quarter ended March 31, 2014	$	0.18	$	0.08
Second quarter ended June 30, 2014	$	0.15	$	0.04
Third quarter ended September 30, 2014	$	0.06	$	0.02
Fourth quarter ended December 31, 2014	$	0.30	$	0.01

Approximate Number of Equity Security Holders

On December 31, 2014 the Company’s common stock had a closing price quotation of $0.17. As of December 31, 2014 there were approximately 53 certificate holders of record of the Company’s common stock. This figure does not take into account those shareholders whose certificates are held in the name of broker-dealers or other nominees.

Dividends

We have never paid any cash dividends on our common shares, and we do not anticipate that we will pay any dividends with respect to those securities in the foreseeable future. Our current business plan is to retain any future earnings to finance the expansion and development of our business.

ITEM 6. SELECTED FINANCIAL DATA

We qualify as a smaller reporting company, as defined by Rule 229.10(f)(1), and therefore are not required to provide the information required by this Item.

ITEM 7. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

Cautionary Notice Regarding Forward Looking Statements

The information contained in Item 7 contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Actual results may materially differ from those projected in the forward-looking statements as a result of certain risks and uncertainties set forth in this report. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual results will not be different from expectations expressed in this report.

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We desire to take advantage of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. This filing contains a number of forward-looking statements which reflect management’s current views and expectations with respect to our business, strategies, products, future results and events, and financial performance. All statements made in this filing other than statements of historical fact, including statements addressing operating performance, events, or developments which management expects or anticipates will or may occur in the future, including statements related to distributor channels, volume growth, revenues, profitability, new products, adequacy of funds from operations, statements expressing general optimism about future operating results, and non-historical information, are forward looking statements. In particular, the words “believe,” “expect,” “intend,” “anticipate,” “estimate,” “may,” variations of such words, and similar expressions identify forward-looking statements, but are not the exclusive means of identifying such statements, and their absence does not mean that the statement is not forward-looking. These forward-looking statements are subject to certain risks and uncertainties, including those discussed below. Our actual results, performance or achievements could differ materially from historical results as well as those expressed in, anticipated, or implied by these forward-looking statements. We do not undertake any obligation to revise these forward-looking statements to reflect any future events or circumstances.

Readers should not place undue reliance on these forward-looking statements, which are based on management’s current expectations and projections about future events, are not guarantees of future performance, are subject to risks, uncertainties and assumptions (including those described below), and apply only as of the date of this filing. Our actual results, performance or achievements could differ materially from the results expressed in, or implied by, these forward-looking statements. Factors which could cause or contribute to such differences include, but are not limited to, the risks to be discussed in our Annual Report on form 10-K and in the press releases and other communications to shareholders issued by us from time to time which attempt to advise interested parties of the risks and factors which may affect our business. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Our financial statements are stated in United States Dollars (USD or US $) and are prepared in accordance with United States Generally Accepted Accounting Principles. All references to “common stock” refer to the common shares in our capital stock.

General Business Overview:

We are a company, incorporated in the State of Delaware on November 13, 2008 as a for-profit company, and an established fiscal year of December 31.  Our auditor has issued a going concerned opinion. This means there is doubt that we can continue as an on-going business unless we obtain additional capital to meet our obligations, either through the sale of our common shares or other traditional financing.

From inception through 2009, our business operations consisted of the development of our software product, which included research and development, executing our business and marketing plan, and financing activities, in which to fund the operations.  We introduced our software and product offerings in late 2009.

Critical Accounting Policies

We prepare our financial statements in conformity with GAAP, which requires management to make certain estimates and assumptions and apply judgments. We base our estimates and judgments on historical experience, current trends and other factors that management believes to be important at the time the financial statements are prepared and actual results could differ from our estimates and such differences could be material. We have identified below the critical accounting policies which are assumptions made by management about matters that are highly uncertain and that are of critical importance in the presentation of our financial position, results of operations and cash flows. On a regular basis, we review our accounting policies and how they are applied and disclosed in our financial statements.

Use Of Estimates

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

Software Development Costs

The Company accounts for software development costs in accordance with several accounting pronouncements, including FASB ASC 730, Research and Development, FASB ASC 350-40, Internal-Use Software, FASB 985-20, Costs of Computer Software to be Sold, Leased, or Marketed and FASB ASC 350-50, Website Development Costs.

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· Costs incurred during the period of planning and design, prior to the period determining technological feasibility, for all software developed for use internal and external, has been charged to operations in the period incurred as research and development costs. Additionally, costs incurred after determination of readiness for market have been expensed as research and development.

· The Company has capitalized certain costs in the development of our proprietary software (computer software to be sold, leased or licensed) for the period after technological feasibility was determined and prior to our marketing and initial sales;

· Website development costs have been capitalized, under the same criteria as our marketed software.

Capitalized software costs are stated at cost. The estimated useful life of costs capitalized is evaluated for each specific project and is currently being amortized over three to five years.

Amortization is computed on a straight line basis, which should approximate a per unit method over the total estimated units projected for sale (estimated program life is approximately five years). The carrying amount of all long-lived assets is evaluated periodically to determine if adjustment to the amortization period or the unamortized balance is warranted. Based upon its most recent analysis, the Company believes that no impairment of the proprietary software existed at December 31, 2014.

Long-lived Assets and Intangible Property

Long-lived assets such as property, equipment and identifiable intangibles are reviewed for impairment whenever facts and circumstances indicate that the carrying value may not be recoverable. When required impairment losses on assets to be held and used are recognized based on the fair value of the asset. The fair value is determined based on estimates of future cash flows, market value of similar assets, if available, or independent appraisals, if required. If the carrying amount of the long-lived asset is not recoverable from its undiscounted cash flows, an impairment loss is recognized for the difference between the carrying amount and fair value of the asset. When fair values are not available, the Company estimates fair value using the expected future cash flows discounted at a rate commensurate with the risk associated with the recovery of the assets. The Company did not recognize any impairment losses for any periods presented.

Share-based Payments

Share-based payments to employees, including grants of employee stock options are recognized as compensation expense in the financial statements based on their fair values, in accordance with FASB ASC Topic 718. That expense is recognized over the period during which an employee is required to provide services in exchange for the award, known as the requisite service period (usually the vesting period). The Company issued 131,532,453 shares of common stock options during the year ending December 31, 2014.

The Company may issue restricted stock to consultants for various services. Cost for these transactions will be measured at the fair value of the consideration received or the fair value of the equity instruments issued, whichever is more reliably measurable. The value of the common stock is to be measured at the earlier of (i) the date at which a firm commitment for performance by the counterparty to earn the equity instruments is reached or (ii) the date at which the counterparty’s performance is complete. The company may issue shares as compensation in the future period for services associated with the registration of the common shares.

Revenue Recognition

Our revenue is derived from multiple element arrangements, generally software, training, asset tagging and maintenance. We recognize our revenue in accordance with FASB ASC 985-605, which requires establishment of vendor specific objective evidence (VSOE) for our software and our maintenance (post contract service or PCS). We have limited sales history and therefore management has determined that we are unable, at the current time, to statistically support the establishment of VSOE for the fair value for certain elements of our offering arrangements.

Software sales are recorded as receivable and deferred when installed or delivered. We sell our product with a maintenance component, which does not involve significant production, modification, or customization, is the only undelivered element at the time of installation or delivery. Currently the entire fee (software, services and maintenance) is recognized ratably over the period during which the post contract service support (maintenance period) is expected to be performed. The unrecognized portion for contracts is charged to deferred revenue and will be recognized in future periods, generally one year.

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Results of Operations

For the years ended December 31, 2014 and 2013:

Our consolidated revenues from our software product and service offerings in the amount of $35,141 and $29,496 for the years ended December 31, 2014 and 2013, respectively. In 2010, our initial year of product sales, our billings were $116,301, of which $85,955 ($12,245 in 2011) was unrecognized revenue, deferred to future periods that our services (maintenance contracts) extend. In 2011 our billings were $62,421, of which $30,668 was unrecognized revenue that has been deferred to future periods that our services (maintenance contracts) extend. In 2014 there were no year-end outstanding billings. The deferred revenue represents amounts that have been billed and collected and will be recognized as revenue over the next 12 months.  Our services include our product software (AssetCentral), training and installation, and maintenance contracts.

Operating expenses were $156,918 and $744,322 for the years ended December 31, 2014 and 2013, respectively.  The decrease in year over year expenses was approximately $587,404 and was mainly due to the Stock Based Compensation Expense in 2013 of $525,000.

Net losses incurred in the periods presented have been primarily due to operating costs.  The Company incurred net losses of $141,392 and $759,239 for the years ended December 31, 2014 and 2013, respectively.  The increase in the year over year net loss was due primarily from the $525,000 stock based compensation expense. At this time, normal costs of public filing will continue and it is not known when significant revenues will occur to off-set these expenses.

We cannot guarantee we will be successful in our business operations. Our business is subject to risks inherent in the establishment of a technology business enterprise, including the financial risks associated with the limited capital resources currently available to us for the implementation of our business strategies. (See “Risk Factors”). To become profitable and competitive, we must develop the business and marketing plan and execute the plan. Our management will attempt to secure financing through various means including borrowing and investment from institutions and private individuals.

Liquidity and Capital Resources

As reflected in the audited financial statements, we have an accumulated deficit and have negative net loss from operations.

Our sales offerings are customer specific, based on contract.  Generally, our installation projects are short term.  Our invoicing and credit terms are standard, with a negotiated amount as a down payment, generally 33-50%, to be received by the installation date, balance payable within 30 days.  The significance of our requested down payment is weighted in our revenue recognition considerations, as is our contracts.  We have not experienced any bad debts or allowances on our contracted pricings.

At December 31, 2014, the Company had $688 in cash resources to meet current obligations.  Management does not consider our current cash position sufficient to sustain our operations.  We estimate that our current available cash will satisfy approximately one month of our operating cash flow requirements.

We have depended and continue to depend on monthly cash contributions from our Officer, shareholder, Gary Macleod, to meet any shortfall in meeting our obligations.  We expect to generate revenue during the year, minimizing our need for support; however we will require capital to market our product and achieve our operating plan. On May 5, 2013, a subscription agreement was signed for the purchase of up to 2,500,000 shares at a purchase price of $0.10 per share for an aggregate maximum amount of $250,000. The investments will be made by $10,000.00 payments on the first day of each month, for the period of up to twenty-four (24) months and the stock will be issued monthly accordingly, in book format. The payments ceased in September 2014 and the Company does not anticipate the payments to resume. The investor has purchased 1,600,000 shares of the 2,500,000 total and the investor has forfeited his right to purchase 1,250,000 Warrants.

Completion of our plan of operation is subject to attaining adequate revenue. We cannot assure investors that adequate revenues will be generated. Without adequate revenues, we may be unable to proceed with our plan of operations.

In the event we are not successful in reaching our revenue targets, additional funds may be required, and we would then not be able to proceed with our business plan for the development and marketing of our core services. Should this occur, we would likely seek additional financing to support the continued operation of our business. We anticipate that depending on market conditions and our plan of operations, we would incur operating losses in the foreseeable future. We base this expectation, in part, on the fact that we may not be able to generate enough gross profit from our services to cover our operating expenses. Consequently, there is doubt about the Company’s ability to continue to operate as a going concern.

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As reflected in the financial statements we have an accumulated deficit from inception of $2,084,892 and have a net loss from operations of $141,392 and $759,239 for the years ended December 31, 2014 and 2013, respectively. This raises doubt about the Company’s ability to continue as a going concern. The ability of the Company to continue as a going concern is dependent on the Company’s ability to raise additional capital and execution of its business plan. The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.

If the Company is unable to raise the funds partially through stock offerings, the Company will seek alternative financing through means such as borrowings from institutions or private individuals. There can be no assurance that the Company will be able to keep costs from being more than these estimated amounts or that the Company will be able to raise such funds. However, the Company may not be able to obtain additional capital or generate sufficient revenues to fund our operations. If we are unsuccessful at raising sufficient funds, for whatever reason, to fund our operations, the Company may be forced to seek a buyer for our business or another entity with which we could create a joint venture.

Management believes that actions presently being taken to obtain additional funding and execution of its strategic plans provide the opportunity for the Company to continue as a going concern.

Our independent auditor has expressed doubt about our ability to continue as a going concern and believes that our ability is dependent on executing our business plan, raising capital and generating revenues. See Note 2 of our financial statements.

Recent Federal legislation, including the Sarbanes-Oxley Act of 2002, has resulted in the adoption of various corporate governance measures designed to promote the integrity of the corporate management and the securities markets. Some of these measures have been adopted in response to legal requirements. Others have been adopted by companies in response to the requirements of national securities exchanges, such as the NYSE or The NASDAQ Stock Market, on which their securities are listed. Among the corporate governance measures that are required under the rules of national securities exchanges are those that address board of directors’ independence, audit committee oversight, and the adoption of a code of ethics. Our Board of Directors consists of seven (7) individuals who advise our chief executive officer and chief financial officer. Our chief executive officer makes decisions on all significant corporate matters such as the approval of terms of the compensation of our executive officers and the oversight of the accounting functions.

Although the Company has adopted a Code of Ethics and Business Conduct the Company has not yet adopted any of these other corporate governance measures and, since our securities are not yet listed on a national securities exchange, the Company is not required to do so. The Company has not adopted corporate governance measures such as an audit or other independent committees of our board of directors. If we expand our board membership in future periods to include additional independent directors, the Company may seek to establish an audit and other committees of our board of directors. It is possible that if our Board of Directors included independent directors and if we were to adopt some or all of these corporate governance measures, stockholders would benefit from somewhat greater assurances that internal corporate decisions were being made by disinterested directors and that policies had been implemented to define responsible conduct. For example, in the absence of audit, nominating and compensation committees comprised of at least a majority of independent directors, decisions concerning matters such as compensation packages to our senior officers and recommendations for director nominees may be made by a majority of directors who have an interest in the outcome of the matters being decided. Prospective investors should bear in mind our current lack of corporate governance measures in formulating their investment decisions.

Recent Accounting Pronouncements

We have reviewed the FASB issued Accounting Standards Update (“ASU”) accounting pronouncements and interpretations thereof that have effectiveness dates during the periods reported and in future periods. The Company has carefully considered the new pronouncements that alter previous generally accepted accounting principles and does not believe that any new or modified principles will have a material impact on the corporation’s reported financial position or operations in the near term. The applicability of any standard is subject to the formal review of our financial management and certain standards are under consideration. Those standards have been addressed in the notes to the audited financial statement for the year ended December 31, 2014.

Off-Balance Sheet Arrangements

We have no off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in our financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to our stockholders.

- 8 -

Management Consideration of Alternative Business Strategies

In order to continue to protect and increase shareholder value, management believes that it may, from time to time, consider alternative management strategies to create value for the company or additional revenues.  Strategies to be reviewed may include acquisitions, roll-ups, strategic alliances, joint ventures on large projects, and/or mergers.

Management will only consider these options where it believes the result would be to increase shareholder value while continuing the viability of the company.

Inflation

The effect of inflation on our revenues and operating results has not been significant.

ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

We qualify as a smaller reporting company, as defined by Rule 229.10(f)(1), and therefore are not required to provide the information required by this Item.

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

ALPHAPOINT TECHNOLOGIES, INC.

INDEX TO FINANCIAL STATEMENTS

	Page
Report of Independent Registered Public Accounting Firm - Green & Company, CPAs	F-1
Report of Independent Registered Public Accounting Firm - DKM Certified Public Accountants	F-2
Balance Sheets as of December 31, 2014 and 2013	F-3
Statements of Operations for the Years Ended December 31, 2014 and 2013	F-4
Statement of Changes in Stockholders’ Equity for the Years Ended December 31, 2014 and 2013	F-5
Statements of Cash Flows for the Years Ended December 31, 2014 and 2013	F-6
Notes to Financial Statements	F-7 - 14

- 9 -

Green & Company, CPAs A PCAOB Registered Accounting Firm

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

The Board of Directors and Stockholders

Alphapoint Technology, Inc.

We have audited the accompanying balance sheet of Alphapoint Technology, Inc. as of December 31, 2014, and the related statement of operations, stockholders’ deficiency, and cash flows for the year ended December 31, 2014.  These financial statements are the responsibility of the Company’s management.  Our responsibility is to express an opinion on these financial statements based on our audit.  The December 31, 2014 financial statements were audited by a predecessor independent registered public accounting firm that issued an unqualified opinion, with a going concern explanatory paragraph, on March 24, 2014.

We conducted our audit in accordance with the standards of the Public Company Accounting Oversight Board (United States).  Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial statements are free of material misstatement.  The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting.  Our audits included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control over financial reporting.  Accordingly, we express no such opinion.  An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation.  We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Alphapoint Technology, Inc. as of December 31, 2014, and the results of its operations and its cash flows for the year then ended in conformity with accounting principles generally accepted in the United States of America.

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern.  As shown in the accompanying financial statements, the Company has significant net losses and cash flow deficiencies.  Those conditions raise substantial doubt about the Company’s ability to continue as a going concern.  Management’s plans regarding those matters are described in Note 2.  The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

/s/ Green & Company, CPAs

Green & Company, CPAs

Temple Terrace, Florida

April 10, 2015

F-1

2451 N. McMullen Booth Road Suite.308 Clearwater, FL 33759
855.334.0934 Toll free

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

The Board of Directors and Stockholders

Alphapoint Technology, Inc.

We have audited the accompanying balance sheets of Alphapoint Technology, Inc. as of December 31, 2013, and the related statements of operations, stockholders’ deficiency, and cash flows for the years then ended.  These financial statements are the responsibility of the Company’s management.  Our responsibility is to express an opinion on these financial statements based on our audits.

We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States).  Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial statements are free of material misstatement.  The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting.  Our audits included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control over financial reporting.  Accordingly, we express no such opinion.  An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation.  We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Alphapoint Technology, Inc. as of December 31, 2013, and the results of its operations and its cash flows for the years then ended in conformity with accounting principles generally accepted in the United States of America.

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern.  As shown in the accompanying financial statements, the Company has significant net losses and cash flow deficiencies.  Those conditions raise doubt about the Company’s ability to continue as a going concern.  Management’s plans regarding those matters are described in Note 2.  The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

/s/ DKM Certified Public Accountants

DKM Certified Public Accountants

Clearwater, Florida

April 15, 2015

F-2

AlphaPoint Technology, Inc.

Balance Sheets

	December 31,
	2014			2013
Assets
Current assets
Cash and cash equivalents	$	688		$	1,931
Accounts receivable		11,160			—
Total current assets	$	11,848		$	1,931
Software development costs, net of accumulated amortization of $230,164 and $198,086, respectively		10,000			42,078
Investment in N’Compass		4,837,545			—
Total Assets	$	4,859,393		$	44,009
Liabilities and Stockholders’ Equity
Current liabilities
Accounts payable and accrued expenses	$	81,261		$	60,972
Deferred revenue		19,461			19,360
Related party payables		1,083,518			1,084,677
Total current liabilities	$	1,184,240		$	1,165,009
Long-Term Liabilities
Stock contingency		10,000			—
Total long term liabilities	$	10,000		$	—
Total Liabilities	$	1,194,240		$	1,165,009
Stockholders’ Equity
Common Stock, 500,000,000 shares authorized, $0.01 par value, 186,282,453 and 57,550,000 shares issued and outstanding, respectively		1,862,825			575,500
Additional paid in capital		3,887,220			247,000
Accumulated Deficit		(2,084,892	)		(1,943,500	)
Total Stockholders’ Equity	$	3,665,153		$	(1,121,000	)
Total Liabilities and Stockholders’ Equity	$	4,859,393		$	44,009

The notes are an integral part of these financial statements.

F-3

AlphaPoint Technology, Inc.

Statements of Operations

	For the Twelve Months Ended
	December 31,
	2014			2013
Contract revenue	$	35,141		$	29,496
Operating expenses:
Marketing and sales		—			7,859
Compensation		51,800			50,150
Stock based compensation		—			525,000
Professional fees		21,638			28,799
General and administrative		51,402			78,273
Bad debt expense		—			33,313
Depreciation and amortization		32,078			50,928
Total operating expenses		156,918			774,322
Net loss for operations		(121,777	)		(744,826	)
Other income (expenses)
Interest expenses		(19,615	)		(14,413	)
Net loss	$	(141,392	)	$	(759,239	)
Earnings (loss) per share,
Basic and diluted	$	(0.00	)	$	(0.01	)
Weighted average shares outstanding basic and dilutive		62,763,300			55,666,438

The notes are an integral part of these financial statements.

F-4

AlphaPoint Technology, Inc.

of Stockholders’ Equity

	Common Stock			Additional						Stock
		Par Value		Paid in			Accumulated			Holders’
	Shares	$0.01		Capital			Deficit			Equity
Balance December 31, 2012	54,750,000	$	547,500	$	(320,000	)	$	(1,184,261	)	$	(956,761	)
Sale of stock	700,000		7,000		63,000			—			70,000
Stock for services	2,100,000		21,000		504,000			—			525,000
Net loss	—		—		—			(759,239	)		(759,239	)
Balance December 31, 2013	57,550,000	$	575,500	$	247,000		$	(1,943,500	)	$	(1,121,000	)
Sale of stock	900,000		9,000		81,000			—			90,000
Stock for acquisition	127,832,453		1,278,325		3,559,220			—			4,837,545
Net loss	—		—		—			(141,392	)		(141,392	)
Balance December 31, 2014	186,282,453	$	1,862,825	$	3,887,220		$	(2,084,892	)	$	3,665,153

The notes are an integral part of these financial statements.

F-5

AlphaPoint Technology, Inc.

Statement of Cash Flows

	For the Fiscal Year Ended
	December 31,
	2014			2013
Cash Flows from Operating Activities:
Net (loss) income	$	(141,392	)	$	(759,239	)
Adjustment to reconcile Net Income to net cash provided by operations:
Bad Debt Expense		—			33,313
Depreciation and amortization		32,078			50,928
Stock-based and non-cash compensation		—			525,000
Changes in assets and liabilities:
Accounts payable and accrued expenses		19,129			19,752
Deferred revenue		101			(5,895	)
Net Cash (Used) Provided by Operating Activities	$	(90,084	)	$	(136,141	)
Cash Flows from Financing Activities:
Proceeds from issuance of common stock		90,000			70,000
Net proceeds from stockholder loans		(1,159	)		65,469
Net Cash (Used) Provided by Financing Activities	$	88,841		$	135,469
Net decrease in Cash	$	(1,243	)	$	(672	)
Cash at beginning of period		1,931			2,603
Cash at end of period	$	688		$	1,931

The notes are an integral part of these financial statements.

F-6

AlphaPoint Technology, Inc.

Notes to Financial Statements

1.    Nature of Operations and Significant Accounting Policies

Nature of Operations

AlphaPoint Technology, Inc. (the “Company”) was incorporated in the State of Delaware on November 13, 2008. AlphaPoint was founded on the belief that challenges exist in implementing a comprehensive Information Technology Asset Management (“ITAM”) solution within infrastructure that supports the delivery of IT services within an organization. Our solutions focus around a mix of professional service offerings and our proprietary patent-pending software, AssetCentral, is a multi-tier web-based enterprise application that uses a SQL database for storage, on-demand content generation, hyper-linking and Cascading Style Sheets (CSS) to create a highly customizable tool for managing IT assets.

AlphaPoint Technology, Inc. developed AssetCentral, a unique patent pending (#12/761,861) Visual Modeling IT Asset Management software solution that enables data centers and IT infrastructure managers to accurately count, track, manage, and report all physical IT assets, their location, and respective information via any web browser. AssetCentral creates a new dimension to the operational IT Asset management process that eliminates wasted time and resources. We believe our proprietary solution adds significant value to any enterprise and creates the ultimate baseline or hub for managing any IT assets operationally as well as giving a comprehensive overview of the financial dynamics of IT spending, budgeting, and forecasting.

Basis of Presentation

The Financial Statements and related disclosures have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”).  The Financial Statements have been prepared using the accrual basis of accounting in accordance with Generally Accepted Accounting Principles (“GAAP”) in the United States.  In the opinion of management, these financial statements include all adjustments necessary in order to make them not misleading.

The Financial Statements reflected herein, are not consolidated and only reflect AlphaPoint Technology, Inc., for the year-end December 31, 2014. The consolidation of management, positional appointed but not mutually executed, operations, assets, and liabilities did not happen from the time of the equity swap to the unwind time.

Use of Estimates

The Financial Statements have been prepared in conformity with U.S. GAAP, which requires using management’s best estimates and judgments where appropriate.  These estimates and judgments affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements.  The estimates and judgments will also affect the reported amounts for certain revenues and expenses during the reporting period.  Actual results could differ materially from these good faith estimates and judgments.

Financial Instruments

The Company’s balance sheet includes certain financial instruments. The carrying amounts of current assets and current liabilities approximate their fair value because of the relatively short period of time between the origination of these instruments and their expected realization.

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

· Level 1 - Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities.

F-7

· Level 2 - Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly, including quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability (e.g., interest rates); and inputs that are derived principally from or corroborated by observable market data by correlation or other means.

· Level 3 - Inputs that are both significant to the fair value measurement and unobservable.

Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of December 31, 2014 and 2013. The respective carrying value of certain on-balance-sheet financial instruments approximated their fair values due to the short-term nature of these instruments.

The Company applied ASC 820 for all non-financial assets and liabilities measured at fair value on a non-recurring basis. The adoption of ASC 820 for non-financial assets and liabilities did not have a significant impact on the Company’s financial statements.

As of December 31, 2014 and 2013 the fair values of the Company’s financial instruments approximate their historical carrying amount.

Cash and Cash Equivalents

Cash and cash equivalents consist of highly liquid investments with original maturities of three months or less when purchased which are readily convertible to cash.

Accounts Receivable, Credit

Accounts receivable consist of amounts due for the delivery of AssetCentral sales and service offerings to customers.  An allowance for doubtful accounts is considered to be established for any amounts that may not be recoverable, which is based on an analysis of the Company’s customer credit worthiness, and current economic trends.  Based on management’s review of accounts receivable, no allowance for doubtful accounts was considered necessary.  Receivables are determined to be past due, based on payment terms of original invoices.  The Company does not typically charge interest on past due receivables.

Our sales offerings are customer specific, based on the number of assets to be input into our tracking software, based on contract. Generally, our installation projects are short term.  Our invoicing and credit terms are standard, with a negotiated amount as a down payment, generally 33-50%, to be received by the installation date, balance payable within 30 days.  The significance of our requested down payment is weighted in our revenue recognition considerations, as is our contracts.  We do not have a long history of sales and therefore consider creditworthiness of our customer in our revenue recognition (when collections are reasonably assured).  We have not experienced any bad debts or allowances on our contracted pricings.

Our projects are of short term duration; therefore, upon the signed contract and the receipt of the down payment, our projects are completed, generally within a business week.  Our contract is invoiced completely at completion.  We base our down payment requests on a customer by customer basis.  Our projects have ranged from $20,000 to approximately $55,000.  Payment terms are negotiated and agreed to by the President.  We may extend credit on the full contract, depending on the customer.

Software Development Costs

The Company accounts for software development costs in accordance with several accounting pronouncements, including FASB ASC 730, Research and Development, FASB ASC 350-40, Internal-Use Software, FASB 985-20, Costs of Computer Software to be Sold, Leased, or Marketed and FASB ASC 350-50, Website Development Costs.

· Costs incurred during the period of planning and design, prior to the period determining technological feasibility, for all software developed for use internal and external, has been charged to operations in the period incurred as research and development costs.  Additionally, costs incurred after determination of readiness for market have been expensed as research and development.

· The Company has capitalized certain costs in the development of our proprietary software (computer software to be sold, leased or licensed) for the period after technological feasibility was determined and prior to our marketing and initial sales;

· Website development costs have been capitalized, under the same criteria as our marketed software.

F-8

Capitalized software costs are stated at cost.  The estimated useful life of costs capitalized is evaluated for each specific project and is currently being amortized over three to five years.

Amortization is computed on a straight line basis, which should approximate a per unit method over the total estimated units projected for sale (estimated program life is approximately five years).  The carrying amount of all long-lived assets is evaluated periodically to determine if adjustment to the amortization period or the unamortized balance is warranted. Based upon its most recent analysis, the Company believes that no impairment of the proprietary software existed at December 31, 2014.

Long-lived assets and intangible property:

Long-lived assets such as property, equipment and identifiable intangibles are reviewed for impairment whenever facts and circumstances indicate that the carrying value may not be recoverable.  When required impairment losses on assets to be held and used are recognized based on the fair value of the asset.  The fair value is determined based on estimates of future cash flows, market value of similar assets, if available, or independent appraisals, if required.  If the carrying amount of the long-lived asset is not recoverable from its undiscounted cash flows, an impairment loss is recognized for the difference between the carrying amount and fair value of the asset.  When fair values are not available, the Company estimates fair value using the expected future cash flows discounted at a rate commensurate with the risk associated with the recovery of the assets.  The Company did not recognize any impairment losses for any periods presented.

Share-based payments

Share-based payments to employees, including grants of employee stock options are recognized as compensation expense in the financial statements based on their fair values, in accordance with FASB ASC Topic 718. That expense is recognized over the period during which an employee is required to provide services in exchange for the award, known as the requisite service period (usually the vesting period). The Company had no common stock options or common stock equivalents granted or outstanding for all periods presented. The company may issue shares as compensation in future periods for employee services.

The Company may issue restricted stock to consultants for various services.  Cost for these transactions will be measured at the fair value of the consideration received or the fair value of the equity instruments issued, whichever is more reliably measurable. The value of the common stock is to be measured at the earlier of (i) the date at which a firm commitment for performance by the counterparty to earn the equity instruments is reached or (ii) the date at which the counterparty’s performance is complete. The company may issue shares as compensation in future periods for services associated with the registration of the common shares.

Revenue recognition

Our revenue is derived from multiple element arrangements, generally software, training, asset tagging and maintenance.  We recognize our revenue in accordance with FASB ASC 985-605, which requires establishment of vendor specific objective evidence (VSOE) for our software and our maintenance (post contract service or PCS).  We have limited sales history and therefore management has determined that we are unable, at the current time, to statistically support the establishment of VSOE for the fair value for certain elements of our offering arrangements.

Software sales are recorded as receivable and deferred when installed or delivered.  As of December 31, 2014, we had not sold our product without a maintenance component, nor had we sold our maintenance as a separate component.  The maintenance contract, which does not involve significant production, modification, or customization, is the only undelivered element at the time of installation or delivery.  Currently the entire fee (software, services and maintenance) is recognized ratably over the period during which the post contract service support (maintenance period) is expected to be performed.  The unrecognized portion for contracts is charged to deferred revenue and will be recognized in future periods, generally one year.

The majority of customer revenue is generated through providing consulting services and equipment resale. Revenue is also generated by providing software-as-a-service (SaaS) and server maintenance. Revenue is generally recognized when:

· Evidence of an arrangement exists;

· Delivery has occurred;

· Fees are fixed or determinable; and

· Collection is considered probable.

F-9

The Company invoices consulting services fees either on a time and material basis or on a fixed-price schedule. For time and material contracts, revenue is recognized as work is performed. Revenue is recognized on fixed-price schedules ratably over the life of the project.  Equipment resale revenue is recognized when the equipment ships. SaaS and server maintenance revenues are recognized monthly as the services are performed.  Deferred revenue represents deposits made for future services.

Advertising

The costs of advertising are expensed as incurred.  Advertising expense was $0 and $7,859 for the years ended December 31, 2014 and 2013, respectively.  Advertising expenses are included in the Company’s operating expenses.

Research and Development

The Company expenses research and development costs when incurred.  Research and development costs include engineering, programmer costs and testing of product and outputs.  Indirect costs related to research and developments are allocated based on percentage usage to the research and development.  We spent $0 and $0 in research and development costs for the year ended December 31, 2014 and 2013, respectively

Income taxes

Prior to December 31, 2010, the Company reported its earnings under the S-Corporation election and thereby all taxable income is passed-thru to the sole shareholder and is taxed at the shareholder’s ordinary tax rate.

The Company terminated the S-Corporation election as of December 31, 2010.  As a result, earnings are taxed to the corporation when earned and are no longer passed through directly to the shareholders.  In addition, earnings will be taxed at the corporate tax rate which varies on a graduated basis between 15% and 35%.

The Company accounts for income taxes under FASB Codification Topic 740 which requires use of the liability method.  Topic 740 provides that deferred tax assets and liabilities are recorded based on the differences between the tax bases of assets and liabilities and their carrying amounts for financial reporting purpose, referred to as temporary differences. Deferred tax assets and liabilities at the end of each period are determined using the currently enacted tax rates applied to taxable income in the periods in which the deferred tax assets and liabilities are expected to be settled or realized.  A valuation allowance may be applied against the net deferred tax due to the uncertainty of its ultimate realization.

Any deferred tax asset is considered immaterial and has been fully offset by a valuation allowance because at this time the Company believes that it is more likely than not that the future tax benefit will not be realized as the Company has a history of net operating losses.

Earnings (loss) per share

Basic earnings (loss) per share calculations are determined by dividing net income (loss) by the weighted average number of shares outstanding during the year. Diluted earnings (loss) per share calculations are determined by dividing net income by the weighted average number of shares plus any potentially dilutive shares. The Company does not have any potentially dilutive instruments and, thus, anti-dilution issues are not applicable.

2.    Going Concern

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern.  The Company has a history of losses, primarily due to its product development stage, resulting in an accumulated deficit.  The Company is dependent on financing from its Officer shareholder and related parties to meet its current operating obligations. In view of these matters, the Company’s ability to continue as a going concern is dependent upon the Company’s ability to generate revenues from operations and to achieve a level of profitability. The Company intends on financing its future development activities, marketing plan and its working capital needs largely from the sale of public equity securities with some additional funding from other traditional financing sources, including term notes until such time that funds provided by operations are sufficient to fund working capital requirements.

The financial statements of the Company do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts and classifications of liabilities that might be necessary should the Company be unable to continue as a going concern.

F-10

3.    Recent Accounting Pronouncements

We have reviewed the FASB issued Accounting Standards Update (“ASU”) accounting pronouncements and interpretations thereof that have effectiveness dates during the periods reported and in future periods. The Company has carefully considered the new pronouncements that alter previous generally accepted accounting principles and believes that the ASU 2014-15 Going Concern applies and could have a material impact on the corporation’s reported financial position or operations in the near term.  The applicability of any standard is subject to the formal review of our financial management and certain standards are under consideration.

4.    Software Development Costs

The Company has capitalized certain costs associated with their process in developing software for internal and external use.  Software development costs consist of:

	December 31, 2014		December 31, 2013
Software Development costs:
Software: Asset Central	$	157,719	$	157,719
Website development costs		22,445		22,445
Softpay assets		60,000		60,000
Gross Software		240,164		240,164
Accumulated amortization		230,164		198,086
	$	10,000	$	42,078
Future amortization:
2015		10,000
	$	10,000

Amortization for the years ended December 31, 2014 and 2013 was $32,078and $50,928, respectively.

In July 2012, the Company acquired the intangible assets of Softpay Solutions, Inc. for $60,000 in cash and stock.  The value of the assets acquired was allocated as follows:

Intangible Assets Acquired from Softpay Solutions, Inc.	High Value		Low Value		Assigned Value
Trade names, logos, trademarks	$	8,000	$	3,000	$	3,000
Software and manuals		150,000		50,000		50,000
Website		15,000		5,000		7,000
Total purchase price					$	60,000

5.    Income Taxes

The Company’s tax expense differs from the “expected” tax expense for Federal income tax purposes (computed by applying the United States Federal tax rate of 34% and State tax rate of 3.6% to income before taxes), as follows:

	For the Year Ended December 31,
	2014			2013
Tax expense (benefit) at the statutory rate	$	(48,073	)	$	(258,100	)
State income taxes, net of federal income tax benefit		(5,091	)		(27,600	)
Change in valuation allowance		53,164			285,700
Total	$	—		$	—

The tax effects of the temporary differences between reportable financial statement income and taxable income are recognized as deferred tax assets and liabilities.

F-11

In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized.  The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible.  Management considers the scheduled reversal of deferred tax liabilities, projected future taxable income and tax planning strategies in making this assessment.

As of December 31, 2014 and December 31, 2013, the Company has net operating losses from operations. The carry forwards expire through the year 2034. The Company’s net operating loss carry forward may be subject to annual limitations, which could reduce or defer the utilization of the losses as a result of an ownership change as defined in Section 382 of the Internal Revenue Code. A valuation allowance has been applied due to the uncertainty of realization.

The Company’s net deferred tax asset as of December 31, 2014 and December 31, 2013 is as follows:

	December 31, 2014			December 31, 2013
Deferred tax assets	$	784,464		$	731,300
Valuation allowance		(784,464	)		(731,300	)
Net deferred tax asset	$	—		$	—

Under the Internal Revenue Code of 1986, as amended, these losses can be carried forward twenty years.  As of December 31, 2014 the Company had no net operating loss carry forwards, as the Company was taxed under the provisions of Subchapter S, as previously disclosed.

The Company is currently open to audit under the statute of limitations by the Internal Revenue Service for the years ending December 31, 2009 (inception) through 2014.  The Company recognizes interest and penalties related to income taxes in income tax expense. The Company had incurred no penalties and interest for the years ended December 31, 2014 and 2013.

6.    Related Party Transactions

Loans from Shareholder

In support of the Company’s efforts and cash requirements, it is relying on advances from related parties until such time that the Company can support its operations or attains adequate financing through sales of its equity or traditional debt financing.  Amounts represent advances or amounts paid in satisfaction of liabilities. The advances are considered temporary in nature and have not been formalized by a promissory note.  Terms of the note have not been defined; however, the Company recognizes the nature of the financing and is accruing interest at the lowest legal interest rate, the Applicable Federal Rate, currently at 1.64%. Interest is accrued and charged to interest expense.

The following is a summary of the amounts outstanding:

	December 31, 2014		December 31, 2013
Due to related parties:
Payable to Officer, shareholder	$	146,067	$	185,226
Payable to shareholder		655,451		617,451
Payable to affiliate company of shareholder		282,000		282,000
	$	1,083,518	$	1,084,677

The Officer, shareholder has pledged his support to fund continuing operations; however there is no written commitment to this effect. We have made repayments on these advanced funds during the year ended December 31, 2014 in the amount of $39,159.

The Company put employment contracts into effect with its key employees, including the Officer, shareholder who is the Chief Executive Principal.

The amounts and terms of the above transactions may not necessarily be indicative of the amounts and terms that would have been incurred had comparable transactions been entered into with independent third parties.

F-12

7.    Equity

The total number of shares of capital stock which the Company shall have authority to issue is five hundred million (500,000,000) common shares with a par value of $0.01, of which 186,282,453 have been issued.  The Company intends to issue additional shares in an effort to raise capital to fund its operations.  Common shareholders will have one vote for each share held.

No holder of shares of stock of any class is entitled, as a matter of right, to subscribe for or purchase or receive any part of any new or additional issue of shares of stock of any class, or of securities convertible into shares of stock of any class, whether now hereafter authorized or whether issued for money, for consideration other than money, or by way of dividend.

On May 5, 2013, a subscription agreement was signed for the purchase of up to 2,500,000 shares at a purchase price of $0.10 per share for an aggregate maximum amount of $250,000. The investments will be made by $10,000.00 payments on the first day of each month, for the period of up to twenty-four (24) months and the stock will be issued monthly accordingly, in book format. As of December, 2013, 700,000 shares of stock were issued to investors in accordance with this agreement for $0.10 a share. The payments ceased in September 2014 and the Company does not anticipate the payments to resume. The investor has purchased 1,600,000 shares of the 2,500,000 total and the investor has forfeited his right to purchase 1,250,000 Warrants.

On August 28, 2013 the board passed resolutions to issue 2,025,000 shares at $0.25 a share for providing product support and development for APTI’s AssetCentral data center management software. An additional 75,000 shares were issued for compensation for legal services at $0.25 per share. The total value of the resolutions was $525,000.

On December 02, 2014 the board passed resolutions to increase the authorized capital of the Company from 100,000,000 to 500,000,000 shares.  Accordingly, the total authorized capital of the Company is now comprised of 500,000,000 shares of common stock, par value $0.01 per share.

On December 17, 2014 the board passed resolutions to issue 127,832,451 shares at $0.038 a share for the purchase of all the issued and outstanding stock of N’Compass Solutions Inc. (“N’compass”).  The N’compass stock was valued at $4,837,545.  This issuance is part of the N’Compass transaction, the unwinding of which is currently being negotiated between the Company and N’compass.  Upon completion of the unwind, these shares will be returned to the Company.

There are no preferred shares authorized or outstanding. There have been no warrants or options issued or outstanding.

8.    Commitments

The Company has entered into a month to month rental agreement for its office facilities in Sarasota Florida, expiring on February 28, 2013.  The lease calls for monthly payments of rent of $1,882 plus the costs of utilities and maintenance to the facilities. Rent expense for the years ended December 31, 2014 and 2013 for the facility is Sarasota Florida was $22,584 and $22,578 respectively.

9.    Contingencies

Some of the officers and directors of the Company are involved in other business activities and may, in the future, become involved in other business opportunities that become available. They may face a conflict in selecting between the Company and other business interests. The Company has not formulated a policy for the resolution of such conflicts.

Litigation

From time to time the Company may become a party to litigation matters involving claims against the Company.  Current regulations and reporting requirements require the Company to disclose any legal proceedings that are ongoing and could have a material impact on the financial statements for the year ended December 31, 2014.

On February 25, 2015, the Company accepted service of a Complaint filed by Ladenburg Thalmann & Co. (“Ladenburg”) in the 11^th Judicial Circuit Court, Miami-Dade County, Florida (Case No. 15004012 CA 01).  The Complaint alleges counts of Breach of Contract, Quantum Meruit, and Unjust Enrichment, for failure to pay a transaction fee of $100,000 to Ladenburg for the N’compass Solutions, Inc. closing on December 23, 2014.  The Company filed an Answer and Affirmative Defenses on March 16, 2015 and Amended Answer and Counterclaim on March 19, 2015 presenting the following affirmative defenses and counterclaims: Estoppel, Failure of Consideration, Waiver, Unclean Hands, and Fraud in the Inducement, and Breach of Contract, Negligent and Fraudulent Misrepresentation and violation of Florida’s Unfair or Deceptive Acts or Practices Act. There are no proceedings in which any of our directors, sole officers or affiliates, or any registered beneficial shareholder are an adverse party or has a material interest adverse to us.

F-13

10.    Subsequent events

Management has evaluated subsequent events that occurred through the date of this report that would have a material impact on our financial statements.

On February 25, 2015, the Company accepted service of a Complaint filed by Ladenburg Thalmann & Co. (“Ladenburg”) in the 11th Judicial Circuit Court, Miami-Dade County, Florida (Case No. 15004012 CA 01). The Complaint alleges counts of Breach of Contract, Quantum Meruit, and Unjust Enrichment, for failure to pay a transaction fee of $100,000 to Ladenburg for the N’compass Solutions, Inc. closing on December 23, 2014. The Company filed an Answer and Affirmative Defenses on March 16, 2015 and Amended Answer and Counterclaim on March 19, 2015 presenting the following affirmative defenses and counterclaims: Estoppel, Failure of Consideration, Waiver, Unclean Hands, and Fraud in the Inducement, and Breach of Contract, Negligent and Fraudulent Misrepresentation and violation of Florida’s Unfair or Deceptive Acts or Practices Act. There are no proceedings in which any of our directors, sole officers or affiliates, or any registered beneficial shareholder are an adverse party or has a material interest adverse to us.

As of March 31, 2015 the litigation regarding the Landenberg for the N’compass Solutions, Inc. closing, previously mentioned, is ongoing and the outcome remains unknown.

The unwinding of the N’Compass transaction is currently being negotiated between the Company and N’Compass and upon execution of the unwind documents N’Compass will no longer be a wholly owned subsidiary of the Company and the N’Compass shareholders will no longer hold any stock of nor any board positions with the Company.

F-14

ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE

Changes in Registrant’s Certifying Accountant

On December 26, 2014, the Company elected to not re-appoint DKM Certified Public Accountants (“DKM”) as its independent accountant. DKM’s report on the financial statements for the years ended December 31, 2013, and 2012, contained no adverse opinion or disclaimer of opinion and was not qualified or modified as to audit scope or accounting, except that the report contained an explanatory paragraph stating that there was substantial doubt about the Company’s ability to continue as a going concern.

ITEM 9A. CONTROLS AND PROCEDURES

Evaluation of Disclosure Controls and Procedures

Pursuant to Rule 13a-15(b) under the Securities Exchange Act of 1934 (“Exchange Act”), the Company carried out an evaluation, with the participation of the Company’s management, including the Company’s Chief Executive Officer (“CEO”) and Chief Financial Officer (“CFO”) (the Company’s principal financial and accounting officer), of the effectiveness of the Company’s disclosure controls and procedures (as defined under Rule 13a-15(e) under the Exchange Act) as of the end of the period covered by this report. Based upon that evaluation, the Company’s CEO and CFO concluded that the Company’s disclosure controls and procedures are effective to ensure that information required to be disclosed by the Company in the reports that the Company files or submits under the Exchange Act, is recorded, processed, summarized and reported, within the time periods specified in the SEC’s rules and forms, and that such information is accumulated and communicated to the Company’s management, including the Company’s CEO and CFO, as appropriate, to allow timely decisions regarding required disclosure.

Management’s Annual Report on Internal Control Over Financial Reporting.

The management of the Company is responsible for establishing and maintaining adequate internal control over financial reporting for the Company.  Our internal control system was designed to, in general, provide reasonable assurance to the Company’s management and board regarding the preparation and fair presentation of published financial statements, but because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements.  Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

Our management assessed the effectiveness of the Company’s internal control over financial reporting as of December 31, 2014.  The framework used by management in making that assessment was the criteria set forth in the document entitled ” Internal Control – Integrated Framework” issued by the Committee of Sponsoring Organizations of the Treadway Commission. Based on that assessment, our management has determined that as of December 31, 2014, the Company’s internal control over financial reporting was effective for the purposes for which it is intended.

This annual report does not include an attestation report of the Company’s registered public accounting firm regarding internal control over financial reporting. Management’s report was not subject to attestation by the Company’s registered public accounting firm pursuant to temporary rules of the Securities and Exchange Commission that permit the Company to provide only management’s report in this annual report.

ITEM 9B. OTHER INFORMATION

None.

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PART III

ITEM 10. DIRECTORS AND EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE

Our executive officers and directors and their ages as of March 27, 2015 is as follows:

NAME AND ADDRESS	AGE	POSITION(S)
Gary Macleod 6114 Glen Abbey Lane Bradenton, FL 34202	51	Co-Founder/President, and member of the Board of Directors
Paul Lee Avery 88 Mohican Road Blairstown, NJ 07805	73	Co-Founder/Consultant and member of the Board of Directors
John Peter Satta 176 Stillwater Road Hardwick, NJ 07825	56	Co-Founder/Consultant and member of the Board of Directors
Kimberly March-Crew 991 Smithbridge Road Glen Mills, PA 19342	50	Member of the Board of Directors
Geoff Bicknell 6731 Business Blvd., Suite 200 Sarasota, Florida 34240	71	Chief Financial Officer
Peter Breen 35 Amherst Drive Basking Ridge, NJ 07920	49	Member of the Board of Directors

The persons named above have held their offices/positions since the inception of our company.  Set forth below is a brief description of the background and business experience of our executive officers and directors for the past five years.

Gary Macleod, Chief Executive Officer and Member of the Board of Directors

Since November 2008, Mr. Gary Macleod, the Chief Executive Officer and director of AlphaPoint Technology, Inc., has played a key leadership role in translating technical information and new technologies into compelling value propositions to drive customer endorsement and sell-through models for evolving IT Asset Management software solutions.  From August 2005 to January 2008, Mr. Macleod was the Chief Executive Officer and director of Non-Invasive Monitoring Systems, Inc. He was responsible for raising capital to ensure organizational survival, steering product introduction efforts, navigating FDA approval activities, filing comprehensive and required publicly-held organization financial reports, overseeing entire program lifecycle including 510K submission proceedings, identifying market demographics, developing long-term business plans, establishing a distributor base, strengthening stakeholder confidence, and restructuring the organization.

Gary Macleod has been involved with the software industry for over twenty years. Mr. Macleod brings diversified leadership expertise to information technology and the software sector. He has career successes steering start-up and organizational growth initiatives for dynamic enterprises and technologically sophisticated solutions, products, and services. Mr. Macleod has broad-based expertise spanning information technology, revenue expansion, capital funds generation, market share growth, team building, operations, administration, general management, and finance. Mr. Macleod’s experience includes;  raising capital for companies to ensure organizational existence, steering product market introduction efforts, filing comprehensive and required publicly-held organization financial reports, overseeing entire program lifecycle including: identifying market demographics, developing long-term business plans, establishing distributor bases, strengthening stakeholder confidence, restructuring organizations, and more.

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Geoff Bicknell, Chief Financial Officer

Mr. Bicknell is a non-executive director of the Isle of Man based Douglas Bay Capital Plc where he was formerly Chief Financial Officer from February 2009 until September 2011. From September 2011 to December 2011 he was also Chief Financial Officer of Savtira Corp, a Delaware corporation based in Tampa, Florida, which is in the business of digital distribution with a Software-as-a-Service (SaaS) eCommerce platform. Prior to joining DouglasBay, Mr. Bicknell was interim Finance Director of Ricardo Plc, an engineering consulting firm, and Anite Plc, a supplier of software for mobile device and network testing. He was also non-executive director of Brady Plc, Trafficmaster Plc and Acta Spa. He brings 40 years of broad based financial, commercial and operational management expertise from international remits throughout Europe and North America. Mr. Bicknell has held executive directorships in companies including Rockwell International, TI Group Plc, Lucas Industries, Maxima Holdings Plc and Northgate Information Solutions Plc. He is a Chartered Accountant in the United Kingdom and Canada.

Paul Avery, Co-founder, Consultant, and Member of the Board of Directors

Paul Avery has been with AlphaPoint Technology since its inception in January 2003 and has more than 28 years of computer technology experience, specializing in communications, process documentation and data access. In recent years, he has been dedicated to bringing order out of the pervasive IT infrastructure chaos plaguing enterprises of all kinds. Mr. Avery has demonstrated a profound grasp of the issues of IT management and provided unique insight in developing critical solutions in the field. It was his vision and concepts upon which AlphaPoint Technology was founded. His innovative approach to IT Asset Management (ITAM) led to the conception and development of ground breaking software and service products that have revolutionized the prospects of enterprise ITAM success.

Paul Avery has over twenty years’ experience in the enterprise software market including: data acquisition, product installation, database services, training, and support.  Mr. Avery has experience in best practices and documentation in enterprise architecture including: guiding principles, strategy models, conceptual models and capability models. Mr. Avery’s experience includes desktop migration to Microsoft Windows Vista, implementing a System Center Configuration Manager (SCCM) system for the delivery of (push) deployment of project related deployments and infrastructure reconfiguration and consolidation.

John Satta, Co-founder, Consultant, and Member of the Board of Directors

John Satta has been with AlphaPoint Technology since April 2003 and has nearly 30 years’ experience as a design engineer, manager and executive in the defense, electronics and consulting industries. A patent holder in advanced computer architecture, in 1984 Mr. Satta was Co-founder and VP of Engineering of Oryx Corporation, producer of compact high-speed real-time signal processors for military and industrial applications. He started his career designing electronics for various defense contractors. Then he co-founded Oryx Corporation and led a small team that designed and built the then-fastest fully programmable digital signal processing system. Mr. Satta then consulted on system design for several large projects including the USAF F-22 advanced tactical fighter and the USN New Attack Submarine.

John Satta has over twenty-five years’ experience in the enterprise software and hardware sectors. Mr. Satta is a seasoned business analyst / project manager with broad experience in online software development, documentation and marketing. Mr. Satta’s experience also includes requirements elicitation for product development using JAD sessions, case models, static and active wireframes and requirements documents. Mr. Satta is a seasoned veteran of the software development lifecycle using traditional waterfall and Agile methods including Scrum and has experience with UML and RUP.

Kimberly March Crew, Member of the Board of Directors

Kimberly March Crew is the President and CEO of Lighthouse Venture Management which she has grown from a one-woman firm, running one business with two clients and a few hundred thousand in billings, to the present multi-company group that enjoys combined annual revenues in excess of 15 million dollars. Lighthouse Venture Management is a conglomerate comprised of a venture capital investment firm (Lighthouse Venture), an information technology support firm (Absolute Computer Support), a professional employee staffing firm (CSS Staffing), and a mobile computing firm (Computer Systems & Solutions).  Since she formed Lighthouse Venture Management in 1990, it has grown.

· Lighthouse Venture is a resource for firms generating between $1MM - $10MM in annual revenues that are passed over by traditional venture capital concerns. Lighthouse is a hands-on organization that invests in situations that have solid potential where the management team requires additional expertise to execute on the vision. Lighthouse provides vision, direction, capital and the professional services of finance, information technologies, marketing, human resources, and legal support.

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· Absolute Computer Support provides information technology solutions to government and prime technology providers. Absolute is a Pennsylvania and Maryland certified Woman Owned Enterprise.

· CSS Staffing provides staffing augmentation of engineering and IT professionals to the aviation and aerospace industries.  CSS Staffing is a federally certified HUB Zone organization, a Pennsylvania and Delaware certified Woman Owned Enterprise, WBENC Certified and Top Secret Cleared.

· Computer Systems & Solutions provides complete life cycle support services for mobile computer users supplying product sales, warranty service, and end of life disposition services, catering to the educational and corporate markets.  Computer Systems and Solutions is partnered with Toshiba, Lenovo, and Hewlett Packard with offices in Philadelphia PA, Parsippany NJ, Manhattan NYC, and Boston, MA.

Ms. Crew has over fifteen years’ experience in the enterprise hardware sector. She is a successful serial entrepreneur developing businesses that achieve outstanding results in crowded verticals. Leveraging her early experiences, Ms. Crew has managed to create a portfolio of companies that continue to grow even in the face of economic headwinds. Her specialty is insightful business assessment with clarification of goals, execution and the resources to implement action plans.

Peter Breen, Member of the Board of Directors

Mr. Breen, General Manager and Business Owner of Broadridge Financial Solutions (NYSE: BR), is responsible for all day-to-day operations, overall management, growth and innovation for the Corporate Issuer Solutions division within Broadridge.  Broadridge is a $2.4BN NYSE Company with 6,000 employees worldwide.

Prior to his arrival at Broadridge, Mr. Breen served as a Managing Director at The Bank of New York-Mellon (NYSE: BK) and oversaw all business development for BNY Mellon’s Shareowner Services business, and served as a member of the Senior Management Team of that business unit.  Additionally, Mr. Breen also had the distinct pleasure and honor of serving on BNY Mellon’s Revenue Growth Board, a permanent body of 22 officers, reporting directly to the CEO and Executive Committee.  The Board was formed to oversee all revenue related efforts across the entire enterprise.

Mr. Breen spent a combined 11 years as an entrepreneur and business owner, working with clients such as NASDAQ, Scottrade, BetterInvesting, and many others.  While co-managing The Vokser Group, Mr. Breen launched a publicly traded index–the BetterInvesting Top 100 Index (NASDAQ: BIXX)–which is designed to outperform major benchmarks in all types of investing climates/cycles.  Before Vokser, Mr. Breen co-founded BUYandHOLD and served as Chairman and CEO. He was recognized as a finalist in Ernst & Young’s Entrepreneur of the Year and was the recipient of a U.S. Patent for the innovative aggregation process designed to make investing more accessible and intuitive for the individual investor.

Mr. Breen studied Economics at Marion Military Institute and The University of Maine.  He received his Commission as an Infantry Officer in the United States Army and earned his Airborne Wings as an Army Paratrooper.

OTHER DIRECTORSHIPS

Mr. Macleod served as a Board Member (Director) of Non-Invasive Monitoring Systems, Inc., a publicly traded Company, from November 2005 to January 2008. Mr. Macleod resigned from the Board in January 2008. No other AlphaPoint Technology, Inc. Board members have had any Board affiliations or have served as a director of a publicly traded company.

CONFLICTS OF INTEREST

Other than Mr. Gary Macleod, CEO and director, Geoffrey Bicknell CFO, the management team is comprised of consultants, shareholders and directors that are not obligated to commit their full time and attention to our business and accordingly, they may encounter a conflict of interest in allocating their time between our operations and those of other businesses. In the course of their other business activities they may become aware of investment and business opportunities which may be appropriate for presentation to us as well as other entities to which they owe a fiduciary duty. As a result they may have conflicts of interest in determining to which entity a particular business opportunity should be presented. They may also in the future become affiliated with entities that are engaged in business activities similar to those we intend to conduct.

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In general, officers and directors of a corporation are required to present business opportunities to the corporation if:

· the corporation could financially undertake the opportunity;

· the opportunity is within the corporation’s line of business; and,

· it would be unfair to the corporation and its stockholders not to bring the opportunity to the attention of the corporation.

COMMITTEES OF THE BOARD OF DIRECTORS

Our directors have not established any committees, including an Audit Committee, a Compensation Committee, a Nominating Committee, or any committee performing a similar function. The functions of those committees are being undertaken by our directors. Because we have only two independent directors (Ms. Kimberly March-Crew and Mr. Peter Breen), our directors believe that the establishment of committees of the Board would not provide any benefits to our Company and could be considered more form than substance.

We do not have a policy regarding the consideration of any director candidates that may be recommended by our stockholders, including the minimum qualifications for director candidates, nor have our directors established a process for identifying and evaluating director nominees. We have not adopted a policy regarding the handling of any potential recommendation of director candidates by our stockholders, including the procedures to be followed.

Our directors have not considered or adopted any of these policies as we have never received a recommendation from any stockholder for any candidate to serve on our Board of Directors. Given our relative size and lack of directors and officers insurance coverage, we do not anticipate that any of our stockholders will make such a recommendation in the near future.

While there have been no nominations of additional directors proposed, in the event such a proposal is made, our sole officer and director will appoint future nominees.

Our directors are not “audit committee financial experts” within the meaning of Item 401(e) of Regulation S-K. In general, an “audit committee financial expert” is an individual member of the audit committee or Board of Directors who:

· understands generally accepted accounting principles and financial statements,

· is able to assess the general application of such principles in connection with accounting for estimates, accruals and reserves,

· has experience preparing, auditing, analyzing or evaluating financial statements comparable to the breadth and complexity to our financial statements,

· understands internal controls over financial reporting, and

· understands audit committee functions.

Our Board of Directors is comprised of Mr. Gary Macleod, who is involved in the day to day operations, Mr. Paul Avery, Mr. John Satta who were integral to our formation and Ms. Kimberly March Crew and Peter Breen who are  Independent Directors. While we would prefer to have an audit committee financial expert on our board of directors, none of our directors have a professional background in finance or accounting. As with most small, early stage companies until such time our Company further develops our business, achieves a stronger revenue base and has sufficient working capital to purchase directors and officers insurance, the Company does not have any immediate prospects to attract additional independent directors. When the Company is able to expand our Board of Directors to include more independent directors, the Company intends to establish an Audit Committee of our Board of Directors. It is our intention that one or more of these independent directors will also qualify as an audit committee financial expert. Our securities are not quoted on an exchange that has requirements that a majority of our Board members be independent and the Company is not currently otherwise subject to any law, rule or regulation requiring that all or any portion of our Board of Directors include “independent” directors, nor are we required to establish or maintain an Audit Committee or other committee of our Board of Directors. We do not have a finance person on board to evaluate the effectiveness of the Company’s disclosure controls and procedures. The controls are determined to be ineffective due to the lack of segregation of duties.  However, until the Company receives additional funding they are unable to remedy the weakness.

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We have two independent directors (Ms. Kimberly March Crew and Mr. Peter Breen) and the company has not voluntarily implemented various corporate governance measures, in the absence of which, stockholders may have more limited protections against interested director transactions, conflicts of interest and similar matters.

ITEM 11. EXECUTIVE COMPENSATION

The table below summarizes all compensation awarded to, earned by, or paid to our named executive officer for all services rendered in all capacities to us for the past three years.

						Non-Equity	Nonqualified
				Stock	Option	Incentive Plan	Deferred	All Other
Name and	Year	Salary	Bonus	Awards	Awards	Compensation	Compensation	Compensation	Total
Principal position		($)	($)	($)	($)	($)	Earnings ($)	($)	($)
Gary Macleod, CEO, Director	2014 2013 2012 2011	0 0 0 0	0 0 0 0	0 0 0 0	0 0 0 0	0 0 0 0	0 0 0 0	0 0 0 0	0 0 0 0
Paul Avery, Consultant	2014 2013 2012 2011	0 0 0 0	0 0 0 0	0 0 0 0	0 0 0 0	0 0 0 0	0 0 0 0	0 0 0 0	0 0 0 0
John Satta, Consultant	2014 2013 2012 2011	0 0 0 0	0 0 0 0	0 0 0 0	0 0 0 0	0 0 0 0	0 0 0 0	0 0 0 0	0 0 0 0

OUTSTANDING EQUITY AWARDS AT FISCAL YEAR-END

The table below summarizes all unexercised options, stock that has not vested, and equity incentive plan awards for each named executive officer as of December 31, 2014.

Outstanding Equity Awards at Fiscal Year-End

	OPTION AWARDS						STOCK AWARDS
Name	Number of Securities Underlying Unexercised Option (#) Exercisable	Number of Securities Underlying Unexercised Options (#) Unexercisable	Equity Incentive Plan Awards: Number of Securities Underlying Unexercised Unearned Options (#)	Option Exercise Price ($)	Option Expiration Date	Number of Shares or Units of Stock That Have Not Vested (#)		Market Value of Shares or Units of Stock That Have Not Vested ($)	Equity Incentive Plan Awards: Number of Unearned Shares, Units or Other Rights That Have Not Vested (#)	Equity Incentive Plan Awards: Market or Payout Value of Unearned Shares, Units or Other Rights That Have Not Vested (#)
Gary Macleod	—	—	—	—	—	—		—	—	—

There were no grants of stock options since inception to the date of this Prospectus.

We do not have any long-term incentive plans that provide compensation intended to serve as incentive for performance.

Our directors have not adopted a stock option plan. We have plans to adopt a stock option plan, but may choose to do so in the future. If such a plan is adopted, this may be administered by the board or a committee appointed by the board (the “Committee”). The committee would have the power to modify, extend or renew outstanding options and to authorize the grant of new options in substitution therefore, provided that any such action may not impair any rights under any option previously granted. We may develop an incentive based stock option plan for our officers and directors and may reserve up to 10% of our outstanding shares of common stock for that purpose.

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OPTIONS GRANTS DURING THE LAST FISCAL YEAR / STOCK OPTION PLANS

We do not currently have a stock option plan in favor of any directors, officer, consultant or employee of our Company. No individual grants of stock options, whether or not in tandem with stock appreciation rights known as SARs or freestanding SARs have been made to our sole director and officer since our inception; accordingly, no stock options have been granted or exercised by our sole director and officer since we were founded.

AGGREGATED OPTIONS EXERCISES IN LAST FISCAL YEAR

No individual grants of stock options, whether or not in tandem with stock appreciation rights known as SARs or freestanding SARs have been made to our sole director and officer since our inception; accordingly, no stock options have been granted or exercised by our directors and sole officer since we were founded.

LONG-TERM INCENTIVE PLANS AND AWARDS

We do not have any long-term incentive plans that provide compensation intended to serve as incentive for performance. No individual grants or agreements regarding future payouts under non-stock price-based plans have been made to our sole director and officer or any employee or consultant since our inception; accordingly, no future payouts under non-stock price-based plans or agreements have been granted or entered into or exercised by our directors and sole officer or employees or consultants since we were founded.

EMPLOYMENT CONTRACTS, TERMINATION OF EMPLOYMENT, CHANGE-IN-CONTROL ARRANGEMENTS

On December 19, 2014 the company has entered into employment agreements with executives.

INDEBTEDNESS OF DIRECTORS, SOLE OFFICERS AND OTHER MANAGEMENT

Neither our sole officer and directors nor any associate or affiliate of our company during the last two fiscal years is or has been indebted to our Company by way of guarantee, support agreement, letter of credit or other similar agreement or understanding currently outstanding.

DIRECTOR COMPENSATION

The table below summarizes all compensation awarded to, earned by, or paid to our directors for all services rendered in all capacities to us for the year ended December 31, 2014 and 2013.

Director Compensation

Name	Fees Earned or Paid in Cash  ($)	Stock Awards ($)	Option Awards ($)	Non-Equity Incentive Plan Compensation ($)	Change in Pension Value and Non-Qualified Deferred Compensation Earnings ($)	All Other Compensation ($)	Total ($)
Gary Macleod	0	0	0	0	0	0	0
Paul Avery	0	0	0	0	0	0	0
John Satta	0	0	0	0	0	0	0
Kimberly March Crew	0	0	0	0	0	0	0
Peter Breen	0	0	0	0	0	0	0

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ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS

The following table sets forth, as of the date of this report, the total number of shares owned beneficially by our Officers and Directors and Consultants, individually and as a group, and the present owners of 5% or more of our total outstanding shares as of December 31, 2014. The table also reflects what their ownership will be assuming completion of the sale of all shares in this offering. The stockholder listed below has direct ownership of their shares and possesses sole voting and dispositive power with respect to the shares.

Title of Class [3]	Name and Address of Beneficial Owner [1]	Number	Percent of Class [2]
Directors and Officers:
Common Stock	Gary Macleod, CEO, Director 6114 Glenn Abbey Lane, Bradenton, FL 34202	15,000,000	8.05%
Common Stock	Paul Avery, Director 88 Mohican Road, Blairstown, NJ 07805	8,813,750	4.73%
Common Stock	John Satta, Director 176 Stillwater Road, Hardwick, NJ 07825	1,500,000	0.81%
Common Stock	Kimberly March Crew, Director 991 Smithbridge Road, Glen Mills, PA 19342	250,000	0.13%
Common Stock	Peter Breen , Director 35 Amherst Drive, Basking Ridge, NJ 07920	1,000,000	0.54%
Common Stock	Christopher Flaherty, 11402 Hazelwood Ln, Champlin, MN 55316	33,121,755	17.78%
Common Stock	Christopher Pinc 13071 Bluebird St, NW, Coon Rapids, MN 55448	33,121,755	17.78%
Common Stock	Kristin Paul 1226 Culver Avenue NW, Buffalo, MN 55313	18,216,965	9.78%
DIRECTORS AND OFFICERS AS A GROUP		111,024,225	59.60%
Greater than 5% Shareholders:
Common Stock	Keith Mierehofer 41356 Nelson Road, North Branch MN 55056	33,121,755	17.78%

__________

[1] The person named above may be deemed to be a “parent” and “promoter” of our Company, within the meaning of such terms under the Securities Act of 1933, as amended, by virtue of his direct and indirect stock holdings. Mr. Macleod is the only “promoter” of our Company.

[2] Based on 186,282,453 shares issued and outstanding as of the date of this Prospectus

Christopher Flaherty, Christopher Pinc, Kristin Paul and Keith Mierehofer’s shares (117,582,230) are subject to an unwind agreement and will be returned to the Company.

APPO is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and has all requisite corporate power and authority to carry on its business as now conducted. APPO is duly qualified to transact business and is in good standing in each jurisdiction in which the nature of its business or the character of its properties requires such qualification. APPO is a C Corporation for income tax purposes. No action has been taken to revoke APPO’s C Corporation election.

APPO has the requisite corporate power and authority to execute, deliver and perform its obligations under an Unwind Agreement and to consummate the Unwind. The execution and delivery of this Unwind Agreement by APPO and the performance by APPO of its obligations hereunder and the consummation of the Unwind have been duly authorized by its board of directors and its shareholders and all other necessary company action on the part of APPO has been taken and no other company proceedings on the part of APPO are necessary to authorize this Unwind Agreement and the Unwind. This Unwind Agreement has been duly and validly executed and delivered by APPO and, assuming that it has been duly authorized, executed and delivered by the other Parties hereto, constitutes a legal, valid and binding obligation of APPO, enforceable against it in accordance with its terms, subject to the effects of bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar laws relating to or affecting creditors’ rights generally, general equitable principles (whether considered in a proceeding in equity or at law) and an implied covenant of good faith and fair dealing.

- 17 -

[3] There is only one class of stock (common) Christopher Flaherty, Christopher Pinc, Kristin Paul and Keith Mierehofer’s shares (117,582,230) are subject to an unwind agreement currently being negotiated between the Company and N’Compass, and, upon completion of the unwind, the shares will be returned to the Company.  

CHANGE IN CONTROL

On December 23, 2014, AlphaPoint Technology, Inc. closed a share exchange transaction for the acquisition of all the issued and outstanding shares of N’Compass Solutions, Inc. (“N’Compass”) a Minnesota corporation.  In exchange, the N’Compass shareholders acquired a controlling stock position in the Company and two positions on AlphaPoint’s Board of Directors effective January 1^st of 2015.  However, this transaction is currently subject to an unwind agreement currently being negotiated between the Company and N’Compass and upon execution of the unwind documents N’Compass will no longer be a wholly owned subsidiary of the Company and the N’Compass shareholders will no longer hold any stock of nor any board positions with the Company.

ITEM 13. CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS, AND DIRECTOR INDEPENDENCE.

We received advances in the amount of $71,400 and $103,300 for the years ended December 31, 2014 and 2013, respectively, to fund our operating needs.  The accumulation of these advances were in the amount of $1,083,518 and $1,084,677 as of December 31, 2014 and 2013, respectively (see Table below).

The amounts were comprised of $4,500 and $43,583 as of December 31, 2014 and 2014, respectively, from Gary Macleod, the majority shareholder; $28,400 and $91,300 as of December 31, 2014 and 2013, respectively, from Marion LaSala, a beneficial shareholder. These obligations have not been formalized by promissory notes or other writing.  Terms have not been defined; however, the Company recognizes the nature of the financing and is accruing interest at the lowest legal interest rate, the Applicable Federal Rate.  There are no other relationships or related party transactions.  Repayments were made to Gary Macleod during the years ended December 31, 2014 and 2013 in the amount of $67,559 and $14,331.  Repayments made to Marion LaSala during the years ended December 31, 2014 and 2013 were in the amount of $5,000 and $23,500.

Loans from Shareholders

	December 31, 2014		December 31, 2013
Advances received from:
Gary Macleod	$	146,067	$	185,226
Marion LaSala		655,451		617,451
AJL, a company owned by the husband of Ms. LaSala		282,000		282,000
	$	1,083,518	$	1,084,677

In exchange for their initial investment of $300,000 and contribution of intellectual property, and for founding and organizing our Company, Directors Gary Macleod, Paul Avery and John Satta, promoters as defined in Rule 405 of Regulation C, received 735,000; 735,000; and 735,000 shares of stock, respectively.

DIRECTOR INDEPENDENCE

We currently have two independent directors (Ms. Kimberly March Crew and Mr. Peter Breen) and we do anticipate appointing additional directors in the foreseeable future.  If we engage further directors and officers, however, we plan to develop a definition of independence and scrutinize our Board of Directors with regard to this definition.

ITEM 14. PRINCIPAL ACCOUNTING FEES AND SERVICES

Audit Fees

The aggregate fees billed by Certified Public Accountants for professional services rendered for the audit of the Company’s financial statements for the fiscal years ended December 31, 2014 and 2013.  The aggregate fees billed for the reviews for the years ending 2014 and 2013 were $12,000 and $12,000, respectfully.

Audit Related Fees

There were no fees for audit related services for the years ended December 31, 2014 and 2013.

- 18 -

Tax Fees

For the Company’s fiscal years ended December 31, 2014 and 2013, we were not billed for professional services rendered for tax compliance, tax advice, and tax planning.

All Other Fees

The Company did not incur any other fees related to services rendered by our principal accountant for the fiscal years ended December 31, 2014 and 2013.

Pursuant to the requirements of Section 13 or 15(d) 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.

Effective May 6, 2003, the Securities and Exchange Commission adopted rules that require that before our auditor is engaged by us to render any auditing or permitted non-audit related service, the engagement be:

· approved by our audit committee; or

· entered into pursuant to pre-approval policies and procedures established by the audit committee, provided the policies and procedures are detailed as to the particular service, the audit committee is informed of each service, and such policies and procedures do not include delegation of the audit committee’s responsibilities to management.

We do not have an audit committee.  Our entire board of directors pre-approves all services provided by our independent auditors.

The pre-approval process has just been implemented in response to the new rules. Our board of directors does not have records of what percentage of the above fees were pre-approved.  However, all of the above services and fees were reviewed and approved by the entire board of directors either before or after the respective services were rendered.

PART IV

ITEM 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES

(b)   Exhibits:

31.1	Rule 13a-14(a) Certification of Principal Executive Officer
31.2	Rule 13a-14(a) Certification of Principal Financial and Accounting Officer
32.1	Certification of Principal Executive Officer pursuant to 18 U.S.C. Section 1350 as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
32.2	Certification of Principal Financial and Accounting Officer pursuant to 18 U.S.C. Section 1350 as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
101*	Interactive Data Files of Financial Statements and Notes.

* In accordance with Regulation S-T, the Interactive Data Files in Exhibit 101 to the Annual Report on Form 10-K shall be deemed “furnished” and not “filed”.

- 19 -

SIGNATURE

Pursuant to the requirements of Section 13 or 15(d) 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.

ALPHAPOINT TECHNOLOGY, INC.

By	/s/ Gary Macleod	Date: April 15, 2015
	Gary Macleod
	Principle Executive Officer
By	/s/ Geoff Bicknell	Date: April 15, 2015
	Geoff Bicknell
	Principle Financial Officer

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By	/s/ Gary Macleod
	Gary Macleod	Date: April 15, 2015
	Director
By	/s/ Paul Avery
	Paul Avery	Date: April 15, 2015
	Director
By	/s/ John Satta
	John Satta	Date: April 15, 2015
	Director
By	/s/ Kimberly March Crew
	Kimberly March Crew	Date: April 15, 2015
	Director
By	/s/ Peter Breen
	Peter Breen	Date: April 15, 2015
	Director

- 20 -

EX-31

Exhibit 31.1

ALPHAPOINT TECHNOLOGY, INC.

Certification Pursuant to

Section 302 of the Sarbanes-Oxley Act of 2002

I, Gary Macleod, Principal Executive Officer, certify that:

1. I have reviewed this annual report on Form 10-K of AlphaPoint Technology, 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 registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant and we 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, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that was 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 and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of registrant’s board of directors:

(a) all significant deficiencies and material weaknesses in the design or operation of internal controls over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

(b) any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

/s/ Gary Macleod

Gary Macleod

Principle Executive Officer

Date: April 15, 2015

EX-31

Exhibit 31.2

ALPHAPOINT TECHNOLOGY, INC.

Certification Pursuant to

Section 302 of the Sarbanes-Oxley Act of 2002

I, Geoff Bicknell, Principal Financial and Accounting Officer, certify that:

1. I have reviewed this annual report on Form 10-K of AlphaPoint Technology, 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 registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant and we 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, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that was 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 and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of registrant’s board of directors:

(a) all significant deficiencies and material weaknesses in the design or operation of internal controls over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

(b) any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

/s/ Geoff Bicknell

Geoff Bicknell

Principle Financial Officer

Date: April 15, 2015

EX-32

Exhibit 32.1

ALPHAPOINT TECHNOLOGY, INC.

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 Annual Report of AlphaPoint Technology, Inc. (the Company) on Form 10-K for the annual period ended December 31, 2014, as filed with the Securities and Exchange Commission on the date hereof (the Report), I Gary Macleod, Principal Executive Officer of the Company, certify, pursuant to 18 U.S.C. ss. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

(1)	The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
(2)	The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

/s/ Gary Macleod

Gary Macleod

Principle Executive Officer

April 15, 2015

EX-32

Exhibit 32.2

ALPHAPOINT TECHNOLOGY, INC.

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 Annual Report of AlphaPoint Technology, Inc. (the Company) on Form 10-K for the annual period ended December 31, 2014, as filed with the Securities and Exchange Commission on the date hereof (the Report), I, Geoff Bicknell, Principal Financial and Accounting Officer of the Company, certify, pursuant to 18 U.S.C. ss. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

(1)	The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
(2)	The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

/s/ Geoff Bicknell

Geoff Bicknell

Principle Financial Officer

April 15, 2015

XML

Subsequent events (Details) (USD $)	0 Months Ended
	Dec. 23, 2014
Subsequent events [Abstract]
Transaction fee failed to pay to Ladenburg for the N'compass Solutions, Inc.	$ 100,000

XML

Software Development Costs (Narrative) (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Software Development Costs [Abstract]
Amortization expense	$ 32,078	$ 50,928

XML

Recent Accounting Pronouncements

12 Months Ended

Dec. 31, 2014

Recent Accounting Pronouncements [Abstract]

Recent Accounting Pronouncements

3.    Recent Accounting Pronouncements

We have reviewed the FASB issued Accounting Standards Update (“ASU”) accounting pronouncements and interpretations thereof that have effectiveness dates during the periods reported and in future periods. The Company has carefully considered the new pronouncements that alter previous generally accepted accounting principles and believes that the ASU 2014-15 Going Concern applies and could have a material impact on the corporation's reported financial position or operations in the near term.  The applicability of any standard is subject to the formal review of our financial management and certain standards are under consideration.

XML

Related Party Transactions (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Related Party Transaction [Line Items]
Interest rate	1.64%
Related party payables	$ 1,083,518	$ 1,084,677
Repayments of advance from majority shareholder	39,159
Payable to Officer, shareholder [Member]
Related Party Transaction [Line Items]
Related party payables	146,067	185,226
Payable to shareholder [Member]
Related Party Transaction [Line Items]
Related party payables	655,451	617,451
Payable to affiliate company of shareholder [Member]
Related Party Transaction [Line Items]
Related party payables	$ 282,000	$ 282,000

XML

Income Taxes (Narrative) (Details)	12 Months Ended
	Dec. 31, 2014
Income Taxes [Abstract]
Net operating loss carry forward expiration date	Dec. 31, 2023

XML

Equity (Details) (USD $)	12 Months Ended		1 Months Ended			17 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Aug. 31, 2013	Dec. 31, 2014	May 31, 2013	Sep. 30, 2014	Dec. 01, 2014
Class of Stock [Line Items]
Common Stock, shares authorized	500,000,000	500,000,000		500,000,000			100,000,000
Common Stock, par value per share	$ 0.01	$ 0.01	0.25	$ 0.01
Common Stock, shares issued	186,282,453	57,550,000		186,282,453
Shares issued, price per share			0.25
Stock based compensation		$ 525,000
Produc Support And Development [Member]
Class of Stock [Line Items]
Stock for services, shares			2,025,000
Legal Services [Member]
Class of Stock [Line Items]
Stock for services, shares			75,000
N'Compass Solutions, Inc. [Member]
Class of Stock [Line Items]
Number of shares issued under business acquisition				127,832,451
Business acquisition, Share price (in dollars per share)	$ 0.038			$ 0.038
Total value of shares issued under business acquisition	4,837,545			4,837,545
Subscription Agreement [Member]
Class of Stock [Line Items]
Stock subscription payable					250,000
Stock subscription, shares					2,500,000
Purchase price per share		$ 0.10			$ 0.10
Stock issued from subscription agreement, shares		700,000				1,600,000
Number of warrants right to purchase forfeited						1,250,000
Monthly investment payment					$ 10,000.00
Number of investment payments					24

XML

Commitments (Details) (Facilities in Sarasota Florida [Member], USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Facilities in Sarasota Florida [Member]
Commitments [Line Items]
Minimum monthly rent payments	$ 1,882
Rent expense	$ 22,584	$ 22,578

XML

Going Concern

12 Months Ended

Dec. 31, 2014

Going Concern [Abstract]

Going Concern

2.    Going Concern

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern.  The Company has a history of losses, primarily due to its product development stage, resulting in an accumulated deficit.  The Company is dependent on financing from its Officer shareholder and related parties to meet its current operating obligations. In view of these matters, the Company's ability to continue as a going concern is dependent upon the Company's ability to generate revenues from operations and to achieve a level of profitability. The Company intends on financing its future development activities, marketing plan and its working capital needs largely from the sale of public equity securities with some additional funding from other traditional financing sources, including term notes until such time that funds provided by operations are sufficient to fund working capital requirements.

The financial statements of the Company do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts and classifications of liabilities that might be necessary should the Company be unable to continue as a going concern.

XML

Contingencies (Details) (USD $)	0 Months Ended
	Dec. 23, 2014
Contingencies [Abstract]
Transaction fee failed to pay to Ladenburg for the N'compass Solutions, Inc.	$ 100,000

XML

Balance Sheets (USD $)	Dec. 31, 2014	Dec. 31, 2013
Current assets
Cash and cash equivalents	$ 688	$ 1,931
Accounts receivable	11,160
Total current assets	11,848	1,931
Software development costs, net of accumulated amortization of $230,164 and $198,086, respectively	10,000	42,078
Investment in N'Compass	4,837,545
Total Assets	4,859,393	44,009
Current liabilities
Accounts payable and accrued expenses	81,261	60,972
Deferred revenue	19,461	19,360
Related party payables	1,083,518	1,084,677
Total current liabilities	1,184,240	1,165,009
Long-Term Liabilities
Stock contingency	10,000
Total long term liabilities	10,000
Total Liabilities	1,194,240	1,165,009
Stockholders' Equity
Common Stock, 500,000,000 shares authorized, $0.01 par value, 186,282,453 and 57,550,000 shares issued and outstanding, respectively	1,862,825	575,500
Additional paid in capital	3,887,220	247,000
Accumulated Deficit	(2,084,892)	(1,943,500)
Total Stockholders' Equity	3,665,153	(1,121,000)
Total Liabilities and Stockholders' Equity	$ 4,859,393	$ 44,009

XML

Statement of Cash Flows (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Cash Flows from Operating Activities:
Net (loss) income	$ (141,392)	$ (759,239)
Adjustment to reconcile Net Income to net cash provided by operations:
Bad Debt Expense		33,313
Depreciation and amortization	32,078	50,928
Stock-based and non-cash compensation		525,000
Changes in assets and liabilities:
Accounts payable and accrued expenses	19,129	19,752
Deferred revenue	101	(5,895)
Net Cash (Used) Provided by Operating Activities	(90,084)	(136,141)
Cash Flows from Financing Activities:
Proceeds from issuance of common stock	90,000	70,000
Net proceeds from stockholder loans	(1,159)	65,469
Net Cash (Used) Provided by Financing Activities	88,841	135,469
Net decrease in Cash	(1,243)	(672)
Cash at beginning of period	1,931	2,603
Cash at end of period	$ 688	$ 1,931

XML

Software Development Costs (Components of Software Development Costs) (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Software Development costs:
Gross Software	$ 240,164	$ 240,164
Accumulated amortization	230,164	198,086
Total software development costs, net	10,000	42,078
Software: Asset Central [Member]
Software Development costs:
Gross Software	157,719	157,719
Website development costs [Member]
Software Development costs:
Gross Software	22,445	22,445
Softpay assets [Member]
Software Development costs:
Gross Software	$ 60,000	$ 60,000

XML

Software Development Costs (Intangible Assets Acquired) (Details) (Softpay Solutions Inc [Member], USD $)	1 Months Ended	12 Months Ended
	Jul. 31, 2012	Dec. 31, 2014
Intangible Assets Acquired
Total purchase price	$ 60,000
Assigned Value [Member]
Intangible Assets Acquired
Total purchase price		60,000
Trade names, logos, trademarks [Member] | High Value [Member]
Intangible Assets Acquired
Total purchase price		8,000
Trade names, logos, trademarks [Member] | Low Value [Member]
Intangible Assets Acquired
Total purchase price		3,000
Trade names, logos, trademarks [Member] | Assigned Value [Member]
Intangible Assets Acquired
Total purchase price		3,000
Software and manuals [Member] | High Value [Member]
Intangible Assets Acquired
Total purchase price		150,000
Software and manuals [Member] | Low Value [Member]
Intangible Assets Acquired
Total purchase price		50,000
Software and manuals [Member] | Assigned Value [Member]
Intangible Assets Acquired
Total purchase price		50,000
Website [Member] | High Value [Member]
Intangible Assets Acquired
Total purchase price		15,000
Website [Member] | Low Value [Member]
Intangible Assets Acquired
Total purchase price		5,000
Website [Member] | Assigned Value [Member]
Intangible Assets Acquired
Total purchase price		$ 7,000

XML

Nature of Operations and Significant Accounting Policies

12 Months Ended

Dec. 31, 2014

Nature of Operations and Significant Accounting Policies [Abstract]

Nature of Operations and Significant Accounting Policies

1.    Nature of Operations and Significant Accounting Policies

Nature of Operations  

AlphaPoint Technology, Inc. (the “Company”) was incorporated in the State of Delaware on November 13, 2008. AlphaPoint was founded on the belief that challenges exist in implementing a comprehensive Information Technology Asset Management (“ITAM”) solution within infrastructure that supports the delivery of IT services within an organization. Our solutions focus around a mix of professional service offerings and our proprietary patent-pending software, AssetCentral, is a multi-tier web-based enterprise application that uses a SQL database for storage, on-demand content generation, hyper-linking and Cascading Style Sheets (CSS) to create a highly customizable tool for managing IT assets.

AlphaPoint Technology, Inc. developed AssetCentral, a unique patent pending (#12/761,861) Visual Modeling IT Asset Management software solution that enables data centers and IT infrastructure managers to accurately count, track, manage, and report all physical IT assets, their location, and respective information via any web browser. AssetCentral creates a new dimension to the operational IT Asset management process that eliminates wasted time and resources. We believe our proprietary solution adds significant value to any enterprise and creates the ultimate baseline or hub for managing any IT assets operationally as well as giving a comprehensive overview of the financial dynamics of IT spending, budgeting, and forecasting.  

Basis of Presentation

The Financial Statements and related disclosures have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”).  The Financial Statements have been prepared using the accrual basis of accounting in accordance with Generally Accepted Accounting Principles (“GAAP”) in the United States.  In the opinion of management, these financial statements include all adjustments necessary in order to make them not misleading.

The Financial Statements reflected herein, are not consolidated and only reflect AlphaPoint Technology, Inc., for the year-end December 31, 2014. The consolidation of management, positional appointed but not mutually executed, operations, assets, and liabilities did not happen from the time of the equity swap to the unwind time.

Use of Estimates

The Financial Statements have been prepared in conformity with U.S. GAAP, which requires using management's best estimates and judgments where appropriate.  These estimates and judgments affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements.  The estimates and judgments will also affect the reported amounts for certain revenues and expenses during the reporting period.  Actual results could differ materially from these good faith estimates and judgments.

Financial Instruments

The Company's balance sheet includes certain financial instruments. The carrying amounts of current assets and current liabilities approximate their fair value because of the relatively short period of time between the origination of these instruments and their expected realization.

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

• Level 1 - Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities.

• Level 2 - Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly, including quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability (e.g., interest rates); and inputs that are derived principally from or corroborated by observable market data by correlation or other means.

• Level 3 - Inputs that are both significant to the fair value measurement and unobservable.

Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of December 31, 2014 and 2013. The respective carrying value of certain on-balance-sheet financial instruments approximated their fair values due to the short-term nature of these instruments.

The Company applied ASC 820 for all non-financial assets and liabilities measured at fair value on a non-recurring basis. The adoption of ASC 820 for non-financial assets and liabilities did not have a significant impact on the Company's financial statements.

As of December 31, 2014 and 2013 the fair values of the Company's financial instruments approximate their historical carrying amount.

Cash and Cash Equivalents  

Cash and cash equivalents consist of highly liquid investments with original maturities of three months or less when purchased which are readily convertible to cash.

Accounts Receivable, Credit

Accounts receivable consist of amounts due for the delivery of AssetCentral sales and service offerings to customers.  An allowance for doubtful accounts is considered to be established for any amounts that may not be recoverable, which is based on an analysis of the Company's customer credit worthiness, and current economic trends.  Based on management's review of accounts receivable, no allowance for doubtful accounts was considered necessary.  Receivables are determined to be past due, based on payment terms of original invoices.  The Company does not typically charge interest on past due receivables. 

Our sales offerings are customer specific, based on the number of assets to be input into our tracking software, based on contract. Generally, our installation projects are short term.  Our invoicing and credit terms are standard, with a negotiated amount as a down payment, generally 33-50%, to be received by the installation date, balance payable within 30 days.  The significance of our requested down payment is weighted in our revenue recognition considerations, as is our contracts.  We do not have a long history of sales and therefore consider creditworthiness of our customer in our revenue recognition (when collections are reasonably assured).  We have not experienced any bad debts or allowances on our contracted pricings.

Our projects are of short term duration; therefore, upon the signed contract and the receipt of the down payment, our projects are completed, generally within a business week.  Our contract is invoiced completely at completion.  We base our down payment requests on a customer by customer basis.  Our projects have ranged from $20,000 to approximately $55,000.  Payment terms are negotiated and agreed to by the President.  We may extend credit on the full contract, depending on the customer.

Software Development Costs

The Company accounts for software development costs in accordance with several accounting pronouncements, including FASB ASC 730, Research and Development, FASB ASC 350-40, Internal-Use Software, FASB 985-20, Costs of Computer Software to be Sold, Leased, or Marketed and FASB ASC 350-50, Website Development Costs.

• Costs incurred during the period of planning and design, prior to the period determining technological feasibility, for all software developed for use internal and external, has been charged to operations in the period incurred as research and development costs.  Additionally, costs incurred after determination of readiness for market have been expensed as research and development.

• The Company has capitalized certain costs in the development of our proprietary software (computer software to be sold, leased or licensed) for the period after technological feasibility was determined and prior to our marketing and initial sales;

• Website development costs have been capitalized, under the same criteria as our marketed software.  

Capitalized software costs are stated at cost.  The estimated useful life of costs capitalized is evaluated for each specific project and is currently being amortized over three to five years.

Amortization is computed on a straight line basis, which should approximate a per unit method over the total estimated units projected for sale (estimated program life is approximately five years).  The carrying amount of all long-lived assets is evaluated periodically to determine if adjustment to the amortization period or the unamortized balance is warranted. Based upon its most recent analysis, the Company believes that no impairment of the proprietary software existed at December 31, 2014.

Long-lived assets and intangible property:

Long-lived assets such as property, equipment and identifiable intangibles are reviewed for impairment whenever facts and circumstances indicate that the carrying value may not be recoverable.  When required impairment losses on assets to be held and used are recognized based on the fair value of the asset.  The fair value is determined based on estimates of future cash flows, market value of similar assets, if available, or independent appraisals, if required.  If the carrying amount of the long-lived asset is not recoverable from its undiscounted cash flows, an impairment loss is recognized for the difference between the carrying amount and fair value of the asset.  When fair values are not available, the Company estimates fair value using the expected future cash flows discounted at a rate commensurate with the risk associated with the recovery of the assets.  The Company did not recognize any impairment losses for any periods presented.

Share-based payments

Share-based payments to employees, including grants of employee stock options are recognized as compensation expense in the financial statements based on their fair values, in accordance with FASB ASC Topic 718. That expense is recognized over the period during which an employee is required to provide services in exchange for the award, known as the requisite service period (usually the vesting period). The Company had no common stock options or common stock equivalents granted or outstanding for all periods presented. The company may issue shares as compensation in future periods for employee services.

The Company may issue restricted stock to consultants for various services.  Cost for these transactions will be measured at the fair value of the consideration received or the fair value of the equity instruments issued, whichever is more reliably measurable. The value of the common stock is to be measured at the earlier of (i) the date at which a firm commitment for performance by the counterparty to earn the equity instruments is reached or (ii) the date at which the counterparty's performance is complete. The company may issue shares as compensation in future periods for services associated with the registration of the common shares.

Revenue recognition

Our revenue is derived from multiple element arrangements, generally software, training, asset tagging and maintenance.  We recognize our revenue in accordance with FASB ASC 985-605, which requires establishment of vendor specific objective evidence (VSOE) for our software and our maintenance (post contract service or PCS).  We have limited sales history and therefore management has determined that we are unable, at the current time, to statistically support the establishment of VSOE for the fair value for certain elements of our offering arrangements.  

Software sales are recorded as receivable and deferred when installed or delivered.  As of December 31, 2014, we had not sold our product without a maintenance component, nor had we sold our maintenance as a separate component.  The maintenance contract, which does not involve significant production, modification, or customization, is the only undelivered element at the time of installation or delivery.  Currently the entire fee (software, services and maintenance) is recognized ratably over the period during which the post contract service support (maintenance period) is expected to be performed.  The unrecognized portion for contracts is charged to deferred revenue and will be recognized in future periods, generally one year.  

The majority of customer revenue is generated through providing consulting services and equipment resale. Revenue is also generated by providing software-as-a-service (SaaS) and server maintenance. Revenue is generally recognized when:

§	Evidence of an arrangement exists;
§	Delivery has occurred;
§	Fees are fixed or determinable; and
§	Collection is considered probable.

The Company invoices consulting services fees either on a time and material basis or on a fixed-price schedule. For time and material contracts, revenue is recognized as work is performed. Revenue is recognized on fixed-price schedules ratably over the life of the project.  Equipment resale revenue is recognized when the equipment ships. SaaS and server maintenance revenues are recognized monthly as the services are performed.  Deferred revenue represents deposits made for future services.

Advertising

The costs of advertising are expensed as incurred.  Advertising expense was $0 and $7,859 for the years ended December 31, 2014 and 2013, respectively.  Advertising expenses are included in the Company's operating expenses.

Research and Development

The Company expenses research and development costs when incurred.  Research and development costs include engineering, programmer costs and testing of product and outputs.  Indirect costs related to research and developments are allocated based on percentage usage to the research and development.  We spent $0 and $0 in research and development costs for the year ended December 31, 2014 and 2013, respectively

Income taxes

Prior to December 31, 2010, the Company reported its earnings under the S-Corporation election and thereby all taxable income is passed-thru to the sole shareholder and is taxed at the shareholder's ordinary tax rate.

The Company terminated the S-Corporation election as of December 31, 2010.  As a result, earnings are taxed to the corporation when earned and are no longer passed through directly to the shareholders.  In addition, earnings will be taxed at the corporate tax rate which varies on a graduated basis between 15% and 35%.

The Company accounts for income taxes under FASB Codification Topic 740 which requires use of the liability method.  Topic 740 provides that deferred tax assets and liabilities are recorded based on the differences between the tax bases of assets and liabilities and their carrying amounts for financial reporting purpose, referred to as temporary differences. Deferred tax assets and liabilities at the end of each period are determined using the currently enacted tax rates applied to taxable income in the periods in which the deferred tax assets and liabilities are expected to be settled or realized.  A valuation allowance may be applied against the net deferred tax due to the uncertainty of its ultimate realization.

Any deferred tax asset is considered immaterial and has been fully offset by a valuation allowance because at this time the Company believes that it is more likely than not that the future tax benefit will not be realized as the Company has a history of net operating losses.

Earnings (loss) per share

Basic earnings (loss) per share calculations are determined by dividing net income (loss) by the weighted average number of shares outstanding during the year. Diluted earnings (loss) per share calculations are determined by dividing net income by the weighted average number of shares plus any potentially dilutive shares. The Company does not have any potentially dilutive instruments and, thus, anti-dilution issues are not applicable.

XML

Balance Sheets (Parenthetical) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Consolidated Balance Sheets [Abstract]
Software development costs, accumulated amortization	$ 230,164	$ 198,086
Common Stock, shares authorized	500,000,000	500,000,000
Common Stock, par value per share	$ 0.01	$ 0.01
Common Stock, shares issued	186,282,453	57,550,000
Common Stock, shares outstanding	186,282,453	57,550,000

XML

Nature of Operations and Significant Accounting Policies (Policies)

12 Months Ended

Dec. 31, 2014

Nature of Operations and Significant Accounting Policies [Abstract]

Nature of Operations

Nature of Operations  

AlphaPoint Technology, Inc. (the “Company”) was incorporated in the State of Delaware on November 13, 2008. AlphaPoint was founded on the belief that challenges exist in implementing a comprehensive Information Technology Asset Management (“ITAM”) solution within infrastructure that supports the delivery of IT services within an organization. Our solutions focus around a mix of professional service offerings and our proprietary patent-pending software, AssetCentral, is a multi-tier web-based enterprise application that uses a SQL database for storage, on-demand content generation, hyper-linking and Cascading Style Sheets (CSS) to create a highly customizable tool for managing IT assets.

AlphaPoint Technology, Inc. developed AssetCentral, a unique patent pending (#12/761,861) Visual Modeling IT Asset Management software solution that enables data centers and IT infrastructure managers to accurately count, track, manage, and report all physical IT assets, their location, and respective information via any web browser. AssetCentral creates a new dimension to the operational IT Asset management process that eliminates wasted time and resources. We believe our proprietary solution adds significant value to any enterprise and creates the ultimate baseline or hub for managing any IT assets operationally as well as giving a comprehensive overview of the financial dynamics of IT spending, budgeting, and forecasting.  

Basis of Presentation

Basis of Presentation

The Financial Statements and related disclosures have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”).  The Financial Statements have been prepared using the accrual basis of accounting in accordance with Generally Accepted Accounting Principles (“GAAP”) in the United States.  In the opinion of management, these financial statements include all adjustments necessary in order to make them not misleading.

The Financial Statements reflected herein, are not consolidated and only reflect AlphaPoint Technology, Inc., for the year-end December 31, 2014. The consolidation of management, positional appointed but not mutually executed, operations, assets, and liabilities did not happen from the time of the equity swap to the unwind time.

Use of Estimates

Use of Estimates

The Financial Statements have been prepared in conformity with U.S. GAAP, which requires using management's best estimates and judgments where appropriate.  These estimates and judgments affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements.  The estimates and judgments will also affect the reported amounts for certain revenues and expenses during the reporting period.  Actual results could differ materially from these good faith estimates and judgments.

Financial Instruments

Financial Instruments

The Company's balance sheet includes certain financial instruments. The carrying amounts of current assets and current liabilities approximate their fair value because of the relatively short period of time between the origination of these instruments and their expected realization.

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

• Level 1 - Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities.

• Level 2 - Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly, including quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability (e.g., interest rates); and inputs that are derived principally from or corroborated by observable market data by correlation or other means.

• Level 3 - Inputs that are both significant to the fair value measurement and unobservable.

Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of December 31, 2014 and 2013. The respective carrying value of certain on-balance-sheet financial instruments approximated their fair values due to the short-term nature of these instruments.

The Company applied ASC 820 for all non-financial assets and liabilities measured at fair value on a non-recurring basis. The adoption of ASC 820 for non-financial assets and liabilities did not have a significant impact on the Company's financial statements.

As of December 31, 2014 and 2013 the fair values of the Company's financial instruments approximate their historical carrying amount.

Cash and Cash Equivalents

Cash and Cash Equivalents  

Cash and cash equivalents consist of highly liquid investments with original maturities of three months or less when purchased which are readily convertible to cash.

Accounts Receivable, Credit

Accounts Receivable, Credit

Accounts receivable consist of amounts due for the delivery of AssetCentral sales and service offerings to customers.  An allowance for doubtful accounts is considered to be established for any amounts that may not be recoverable, which is based on an analysis of the Company's customer credit worthiness, and current economic trends.  Based on management's review of accounts receivable, no allowance for doubtful accounts was considered necessary.  Receivables are determined to be past due, based on payment terms of original invoices.  The Company does not typically charge interest on past due receivables. 

Our sales offerings are customer specific, based on the number of assets to be input into our tracking software, based on contract. Generally, our installation projects are short term.  Our invoicing and credit terms are standard, with a negotiated amount as a down payment, generally 33-50%, to be received by the installation date, balance payable within 30 days.  The significance of our requested down payment is weighted in our revenue recognition considerations, as is our contracts.  We do not have a long history of sales and therefore consider creditworthiness of our customer in our revenue recognition (when collections are reasonably assured).  We have not experienced any bad debts or allowances on our contracted pricings.

Our projects are of short term duration; therefore, upon the signed contract and the receipt of the down payment, our projects are completed, generally within a business week.  Our contract is invoiced completely at completion.  We base our down payment requests on a customer by customer basis.  Our projects have ranged from $20,000 to approximately $55,000.  Payment terms are negotiated and agreed to by the President.  We may extend credit on the full contract, depending on the customer.

Software Development Costs

Software Development Costs

The Company accounts for software development costs in accordance with several accounting pronouncements, including FASB ASC 730, Research and Development, FASB ASC 350-40, Internal-Use Software, FASB 985-20, Costs of Computer Software to be Sold, Leased, or Marketed and FASB ASC 350-50, Website Development Costs.

• Costs incurred during the period of planning and design, prior to the period determining technological feasibility, for all software developed for use internal and external, has been charged to operations in the period incurred as research and development costs.  Additionally, costs incurred after determination of readiness for market have been expensed as research and development.

• The Company has capitalized certain costs in the development of our proprietary software (computer software to be sold, leased or licensed) for the period after technological feasibility was determined and prior to our marketing and initial sales;

• Website development costs have been capitalized, under the same criteria as our marketed software.  

Capitalized software costs are stated at cost.  The estimated useful life of costs capitalized is evaluated for each specific project and is currently being amortized over three to five years.

Amortization is computed on a straight line basis, which should approximate a per unit method over the total estimated units projected for sale (estimated program life is approximately five years).  The carrying amount of all long-lived assets is evaluated periodically to determine if adjustment to the amortization period or the unamortized balance is warranted. Based upon its most recent analysis, the Company believes that no impairment of the proprietary software existed at December 31, 2014.

Long-lived assets and intangible property

Long-lived assets and intangible property:

Long-lived assets such as property, equipment and identifiable intangibles are reviewed for impairment whenever facts and circumstances indicate that the carrying value may not be recoverable.  When required impairment losses on assets to be held and used are recognized based on the fair value of the asset.  The fair value is determined based on estimates of future cash flows, market value of similar assets, if available, or independent appraisals, if required.  If the carrying amount of the long-lived asset is not recoverable from its undiscounted cash flows, an impairment loss is recognized for the difference between the carrying amount and fair value of the asset.  When fair values are not available, the Company estimates fair value using the expected future cash flows discounted at a rate commensurate with the risk associated with the recovery of the assets.  The Company did not recognize any impairment losses for any periods presented.

Share-based payments

Share-based payments

Share-based payments to employees, including grants of employee stock options are recognized as compensation expense in the financial statements based on their fair values, in accordance with FASB ASC Topic 718. That expense is recognized over the period during which an employee is required to provide services in exchange for the award, known as the requisite service period (usually the vesting period). The Company had no common stock options or common stock equivalents granted or outstanding for all periods presented. The company may issue shares as compensation in future periods for employee services.

The Company may issue restricted stock to consultants for various services.  Cost for these transactions will be measured at the fair value of the consideration received or the fair value of the equity instruments issued, whichever is more reliably measurable. The value of the common stock is to be measured at the earlier of (i) the date at which a firm commitment for performance by the counterparty to earn the equity instruments is reached or (ii) the date at which the counterparty's performance is complete. The company may issue shares as compensation in future periods for services associated with the registration of the common shares.

Revenue recognition

Revenue recognition

Our revenue is derived from multiple element arrangements, generally software, training, asset tagging and maintenance.  We recognize our revenue in accordance with FASB ASC 985-605, which requires establishment of vendor specific objective evidence (VSOE) for our software and our maintenance (post contract service or PCS).  We have limited sales history and therefore management has determined that we are unable, at the current time, to statistically support the establishment of VSOE for the fair value for certain elements of our offering arrangements.  

Software sales are recorded as receivable and deferred when installed or delivered.  As of December 31, 2014, we had not sold our product without a maintenance component, nor had we sold our maintenance as a separate component.  The maintenance contract, which does not involve significant production, modification, or customization, is the only undelivered element at the time of installation or delivery.  Currently the entire fee (software, services and maintenance) is recognized ratably over the period during which the post contract service support (maintenance period) is expected to be performed.  The unrecognized portion for contracts is charged to deferred revenue and will be recognized in future periods, generally one year.  

The majority of customer revenue is generated through providing consulting services and equipment resale. Revenue is also generated by providing software-as-a-service (SaaS) and server maintenance. Revenue is generally recognized when:

§	Evidence of an arrangement exists;
§	Delivery has occurred;
§	Fees are fixed or determinable; and
§	Collection is considered probable.

The Company invoices consulting services fees either on a time and material basis or on a fixed-price schedule. For time and material contracts, revenue is recognized as work is performed. Revenue is recognized on fixed-price schedules ratably over the life of the project.  Equipment resale revenue is recognized when the equipment ships. SaaS and server maintenance revenues are recognized monthly as the services are performed.  Deferred revenue represents deposits made for future services.

Advertising

Advertising

The costs of advertising are expensed as incurred.  Advertising expense was $0 and $7,859 for the years ended December 31, 2014 and 2013, respectively.  Advertising expenses are included in the Company's operating expenses.

Research and Development

Research and Development

The Company expenses research and development costs when incurred.  Research and development costs include engineering, programmer costs and testing of product and outputs.  Indirect costs related to research and developments are allocated based on percentage usage to the research and development.  We spent $0 and $0 in research and development costs for the year ended December 31, 2014 and 2013, respectively

Income taxes

Income taxes

Prior to December 31, 2010, the Company reported its earnings under the S-Corporation election and thereby all taxable income is passed-thru to the sole shareholder and is taxed at the shareholder's ordinary tax rate.

The Company terminated the S-Corporation election as of December 31, 2010.  As a result, earnings are taxed to the corporation when earned and are no longer passed through directly to the shareholders.  In addition, earnings will be taxed at the corporate tax rate which varies on a graduated basis between 15% and 35%.

The Company accounts for income taxes under FASB Codification Topic 740 which requires use of the liability method.  Topic 740 provides that deferred tax assets and liabilities are recorded based on the differences between the tax bases of assets and liabilities and their carrying amounts for financial reporting purpose, referred to as temporary differences. Deferred tax assets and liabilities at the end of each period are determined using the currently enacted tax rates applied to taxable income in the periods in which the deferred tax assets and liabilities are expected to be settled or realized.  A valuation allowance may be applied against the net deferred tax due to the uncertainty of its ultimate realization.

Any deferred tax asset is considered immaterial and has been fully offset by a valuation allowance because at this time the Company believes that it is more likely than not that the future tax benefit will not be realized as the Company has a history of net operating losses.

Earnings (loss) per share

Earnings (loss) per share

Basic earnings (loss) per share calculations are determined by dividing net income (loss) by the weighted average number of shares outstanding during the year. Diluted earnings (loss) per share calculations are determined by dividing net income by the weighted average number of shares plus any potentially dilutive shares. The Company does not have any potentially dilutive instruments and, thus, anti-dilution issues are not applicable.

XML

Document and Entity Information (USD $)	12 Months Ended
	Dec. 31, 2014	Apr. 15, 2015	Jun. 30, 2014
Document and Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2014
Entity Registrant Name	AlphaPoint Technology, Inc.
Entity Central Index Key	0001473654
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	FY
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		186,282,453
Entity Current Reporting Status	Yes
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Public Float			$ 3,285,000

XML

Software Development Costs (Tables)

12 Months Ended

Dec. 31, 2014

Software Development Costs [Line Items]

Schedule of software development costs

	December 31, 2014		December 31, 2013
Software Development costs:
Software: Asset Central	$	157,719	$	157,719
Website development costs		22,445		22,445
Softpay assets		60,000		60,000
Gross Software		240,164		240,164
Accumulated amortization		230,164		198,086
	$	10,000	$	42,078

Schedule of estimated amortization expense

Future amortization:
2015		10,000
	$	10,000

Softpay Solutions, Inc. [Member]

Software Development Costs [Line Items]

Schedule of intangible assets acquired

Intangible Assets Acquired from Softpay Solutions, Inc.	High Value		Low Value		Assigned Value
Trade names, logos, trademarks	$	8,000	$	3,000	$	3,000
Software and manuals		150,000		50,000		50,000
Website		15,000		5,000		7,000
Total purchase price					$	60,000

XML

Statements of Operations (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Consolidated Statements of Operations [Abstract]
Contract revenue	$ 35,141	$ 29,496
Operating expenses:
Marketing and sales		7,859
Compensation	51,800	50,150
Stock based compensation		525,000
Professional fees	21,638	28,799
General and administrative	51,402	78,273
Bad debt expense		33,313
Depreciation and amortization	32,078	50,928
Total operating expenses	156,918	774,322
Net loss for operations	(121,777)	(744,826)
Other income (expenses)
Interest expenses	(19,615)	(14,413)
Net loss	$ (141,392)	$ (759,239)
Earnings (loss) per share, Basic and diluted	$ 0.00	$ (0.01)
Weighted average shares outstanding basic and dilutive	62,763,300	55,666,438

XML

Related Party Transactions

12 Months Ended

Dec. 31, 2014

Related Party Transactions [Abstract]

Related Party Transactions

6.    Related Party Transactions

Loans from Shareholder

In support of the Company's efforts and cash requirements, it is relying on advances from related parties until such time that the Company can support its operations or attains adequate financing through sales of its equity or traditional debt financing.  Amounts represent advances or amounts paid in satisfaction of liabilities. The advances are considered temporary in nature and have not been formalized by a promissory note.  Terms of the note have not been defined; however, the Company recognizes the nature of the financing and is accruing interest at the lowest legal interest rate, the Applicable Federal Rate, currently at 1.64%. Interest is accrued and charged to interest expense.

The following is a summary of the amounts outstanding:

	December 31, 2014		December 31, 2013
Due to related parties:
Payable to Officer, shareholder	$	146,067	$	185,226
Payable to shareholder		655,451		617,451
Payable to affiliate company of shareholder		282,000		282,000
	$	1,083,518	$	1,084,677

The Officer, shareholder has pledged his support to fund continuing operations; however there is no written commitment to this effect. We have made repayments on these advanced funds during the year ended December 31, 2014 in the amount of $39,159.

The Company put employment contracts into effect with its key employees, including the Officer, shareholder who is the Chief Executive Principal.

The amounts and terms of the above transactions may not necessarily be indicative of the amounts and terms that would have been incurred had comparable transactions been entered into with independent third parties.

XML

Income Taxes

12 Months Ended

Dec. 31, 2014

Income Taxes [Abstract]

Income Taxes

5.    Income Taxes

The Company's tax expense differs from the “expected” tax expense for Federal income tax purposes (computed by applying the United States Federal tax rate of 34% and State tax rate of 3.6% to income before taxes), as follows:

	For the Year Ended December 31,
	2014			2013
Tax expense (benefit) at the statutory rate	$	(48,073	)	$	(258,100	)
State income taxes, net of federal income tax benefit		(5,091	)		(27,600	)
Change in valuation allowance		53,164			285,700
Total	$	—		$	—

The tax effects of the temporary differences between reportable financial statement income and taxable income are recognized as deferred tax assets and liabilities.

In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized.  The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible.  Management considers the scheduled reversal of deferred tax liabilities, projected future taxable income and tax planning strategies in making this assessment.

As of December 31, 2014 and December 31, 2013, the Company has net operating losses from operations. The carry forwards expire through the year 2034. The Company's net operating loss carry forward may be subject to annual limitations, which could reduce or defer the utilization of the losses as a result of an ownership change as defined in Section 382 of the Internal Revenue Code. A valuation allowance has been applied due to the uncertainty of realization.

The Company's net deferred tax asset as of December 31, 2014 and December 31, 2013 is as follows:

	December 31, 2014			December 31, 2013
Deferred tax assets	$	784,464		$	731,300
Valuation allowance		(784,464	)		(731,300	)
Net deferred tax asset	$	—		$	—

Under the Internal Revenue Code of 1986, as amended, these losses can be carried forward twenty years.  As of December 31, 2014 the Company had no net operating loss carry forwards, as the Company was taxed under the provisions of Subchapter S, as previously disclosed.

The Company is currently open to audit under the statute of limitations by the Internal Revenue Service for the years ending December 31, 2009 (inception) through 2014.  The Company recognizes interest and penalties related to income taxes in income tax expense. The Company had incurred no penalties and interest for the years ended December 31, 2014 and 2013.

XML

Software Development Costs (Schedule of Future Amortization) (Details) (USD $)	Dec. 31, 2014
Future amortization [Abstract]
2015	$ 10,000
Total future amortization	$ 10,000

XML

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2014

Income Taxes [Abstract]

Schedule of Income Tax Provision (Benefit)

	For the Year Ended December 31,
	2014			2013
Tax expense (benefit) at the statutory rate	$	(48,073	)	$	(258,100	)
State income taxes, net of federal income tax benefit		(5,091	)		(27,600	)
Change in valuation allowance		53,164			285,700
Total	$	—		$	—

Schedule of Deferred Tax Assets

	December 31, 2014			December 31, 2013
Deferred tax assets	$	784,464		$	731,300
Valuation allowance		(784,464	)		(731,300	)
Net deferred tax asset	$	—		$	—

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Contingencies

12 Months Ended

Dec. 31, 2014

Contingencies [Abstract]

Contingencies

9.    Contingencies

Some of the officers and directors of the Company are involved in other business activities and may, in the future, become involved in other business opportunities that become available. They may face a conflict in selecting between the Company and other business interests. The Company has not formulated a policy for the resolution of such conflicts.

Litigation

From time to time the Company may become a party to litigation matters involving claims against the Company.  Current regulations and reporting requirements require the Company to disclose any legal proceedings that are ongoing and could have a material impact on the financial statements for the year ended December 31, 2014.

On February 25, 2015, the Company accepted service of a Complaint filed by Ladenburg Thalmann & Co. (“Ladenburg”) in the 11^th Judicial Circuit Court, Miami-Dade County, Florida (Case No. 15004012 CA 01).  The Complaint alleges counts of Breach of Contract, Quantum Meruit, and Unjust Enrichment, for failure to pay a transaction fee of $100,000 to Ladenburg for the N'compass Solutions, Inc. closing on December 23, 2014.  The Company filed an Answer and Affirmative Defenses on March 16, 2015 and Amended Answer and Counterclaim on March 19, 2015 presenting the following affirmative defenses and counterclaims: Estoppel, Failure of Consideration, Waiver, Unclean Hands, and Fraud in the Inducement, and Breach of Contract, Negligent and Fraudulent Misrepresentation and violation of Florida's Unfair or Deceptive Acts or Practices Act. There are no proceedings in which any of our directors, sole officers or affiliates, or any registered beneficial shareholder are an adverse party or has a material interest adverse to us.

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Equity

12 Months Ended

Dec. 31, 2014

Equity [Abstract]

Equity

7.    Equity

The total number of shares of capital stock which the Company shall have authority to issue is five hundred million (500,000,000) common shares with a par value of $0.01, of which 186,282,453 have been issued.  The Company intends to issue additional shares in an effort to raise capital to fund its operations.  Common shareholders will have one vote for each share held.

No holder of shares of stock of any class is entitled, as a matter of right, to subscribe for or purchase or receive any part of any new or additional issue of shares of stock of any class, or of securities convertible into shares of stock of any class, whether now hereafter authorized or whether issued for money, for consideration other than money, or by way of dividend.

On May 5, 2013, a subscription agreement was signed for the purchase of up to 2,500,000 shares at a purchase price of $0.10 per share for an aggregate maximum amount of $250,000. The investments will be made by $10,000.00 payments on the first day of each month, for the period of up to twenty-four (24) months and the stock will be issued monthly accordingly, in book format. As of December, 2013, 700,000 shares of stock were issued to investors in accordance with this agreement for $0.10 a share. The payments ceased in September 2014 and the Company does not anticipate the payments to resume. The investor has purchased 1,600,000 shares of the 2,500,000 total and the investor has forfeited his right to purchase 1,250,000 Warrants.

On August 28, 2013 the board passed resolutions to issue 2,025,000 shares at $0.25 a share for providing product support and development for APTI's AssetCentral data center management software. An additional 75,000 shares were issued for compensation for legal services at $0.25 per share. The total value of the resolutions was $525,000.

On December 02, 2014 the board passed resolutions to increase the authorized capital of the Company from 100,000,000 to 500,000,000 shares.  Accordingly, the total authorized capital of the Company is now comprised of 500,000,000 shares of common stock, par value $0.01 per share.

On December 17, 2014 the board passed resolutions to issue 127,832,451 shares at $0.038 a share for the purchase of all the issued and outstanding stock of N'Compass Solutions Inc. (“N'compass”). The N'compass stock was valued at $4,837,545. This issuance is part of the N'Compass transaction, the unwinding of which is currently being negotiated between the Company and N'compass. Upon completion of the unwind, these shares will be returned to the Company.

There are no preferred shares authorized or outstanding. There have been no warrants or options issued or outstanding.

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Commitments

12 Months Ended

Dec. 31, 2014

Commitments [Abstract]

Commitments

8.    Commitments

The Company has entered into a month to month rental agreement for its office facilities in Sarasota Florida, expiring on February 28, 2013.  The lease calls for monthly payments of rent of $1,882 plus the costs of utilities and maintenance to the facilities. Rent expense for the years ended December 31, 2014 and 2013 for the facility is Sarasota Florida was $22,584 and $22,578 respectively.   

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Subsequent events

12 Months Ended

Dec. 31, 2014

Subsequent events [Abstract]

Subsequent events

10.    Subsequent events

Management has evaluated subsequent events that occurred through the date of this report that would have a material impact on our financial statements.

On February 25, 2015, the Company accepted service of a Complaint filed by Ladenburg Thalmann & Co. (“Ladenburg”) in the 11th Judicial Circuit Court, Miami-Dade County, Florida (Case No. 15004012 CA 01). The Complaint alleges counts of Breach of Contract, Quantum Meruit, and Unjust Enrichment, for failure to pay a transaction fee of $100,000 to Ladenburg for the N'compass Solutions, Inc. closing on December 23, 2014. The Company filed an Answer and Affirmative Defenses on March 16, 2015 and Amended Answer and Counterclaim on March 19, 2015 presenting the following affirmative defenses and counterclaims: Estoppel, Failure of Consideration, Waiver, Unclean Hands, and Fraud in the Inducement, and Breach of Contract, Negligent and Fraudulent Misrepresentation and violation of Florida's Unfair or Deceptive Acts or Practices Act. There are no proceedings in which any of our directors, sole officers or affiliates, or any registered beneficial shareholder are an adverse party or has a material interest adverse to us.

As of March 31, 2015 the litigation regarding the Landenberg for the N'compass Solutions, Inc. closing, previously mentioned, is ongoing and the outcome remains unknown.

The unwinding of the N'Compass transaction is currently being negotiated between the Company and N'Compass and upon execution of the unwind documents N'Compass will no longer be a wholly owned subsidiary of the Company and the N'Compass shareholders will no longer hold any stock of nor any board positions with the Company.

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Nature of Operations and Significant Accounting Policies (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Nature of Operations and Significant Accounting Policies
Advertising	$ 0	$ 7,859
Research and development	0	0
Earnings will be taxed at the corporate tax rate which varies on a graduated basis	34.00%	34.00%
Minimum [Member]
Nature of Operations and Significant Accounting Policies
Accounts receivable, down payment required, percent	33.00%
Average range of cost to customer	20,000
Earnings will be taxed at the corporate tax rate which varies on a graduated basis	15.00%
Maximum [Member]
Nature of Operations and Significant Accounting Policies
Accounts receivable, down payment required, percent	50.00%
Average range of cost to customer	$ 55,000
Earnings will be taxed at the corporate tax rate which varies on a graduated basis	35.00%

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Income Taxes (Income Tax Reconciliation ) (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Income Tax Reconciliation
Income tax provision (benefit) at statutory rate	$ (48,073)	$ (258,100)
State income tax expense (benefit), net of federal benefit	(5,091)	(27,600)
Change in valuation allowance	53,164	285,700
Total income tax expense (benefit)
Federal tax rate	34.00%	34.00%
State tax rate	3.60%	3.60%

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Statement of Stockholders' Equity (USD $)	Total	Common Stock [Member]	Additional Paid in Capital [Member]	Accumulated Deficit [Member]
Balance at Dec. 31, 2012	$ (956,761)	$ 547,500	$ (320,000)	$ (1,184,261)
Balance, shares at Dec. 31, 2012		54,750,000
Sale of stock	70,000	7,000	63,000
Sale of stock, shares		700,000
Stock for services	525,000	21,000	504,000
Stock for services, shares		2,100,000
Net loss	(759,239)			(759,239)
Balance at Dec. 31, 2013	(1,121,000)	575,500	247,000	(1,943,500)
Balance, shares at Dec. 31, 2013	57,550,000	57,550,000
Sale of stock	90,000	9,000	81,000
Sale of stock, shares		900,000
Stock for acquisition	4,837,545	1,278,325	3,559,220
Stock for acquisition, shares		127,832,453
Net loss	(141,392)			(141,392)
Balance at Dec. 31, 2014	$ 3,665,153	$ 1,862,825	$ 3,887,220	$ (2,084,892)
Balance, shares at Dec. 31, 2014	186,282,453	186,282,453

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Software Development Costs

12 Months Ended

Dec. 31, 2014

Software Development Costs [Abstract]

Software Development Costs

4.    Software Development Costs

The Company has capitalized certain costs associated with their process in developing software for internal and external use.  Software development costs consist of:

	December 31, 2014		December 31, 2013
Software Development costs:
Software: Asset Central	$	157,719	$	157,719
Website development costs		22,445		22,445
Softpay assets		60,000		60,000
Gross Software		240,164		240,164
Accumulated amortization		230,164		198,086
	$	10,000	$	42,078

Future amortization:
2015		10,000
	$	10,000

Amortization for the years ended December 31, 2014 and 2013 was $32,078 and $50,928, respectively.

In July 2012, the Company acquired the intangible assets of Softpay Solutions, Inc. for $60,000 in cash and stock.  The value of the assets acquired was allocated as follows:

Intangible Assets Acquired from Softpay Solutions, Inc.	High Value		Low Value		Assigned Value
Trade names, logos, trademarks	$	8,000	$	3,000	$	3,000
Software and manuals		150,000		50,000		50,000
Website		15,000		5,000		7,000
Total purchase price					$	60,000

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Income Taxes (Deferred Tax Asset) (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Net deferred tax asset
Deferred tax assets	$ 784,464	$ 731,300
Valuation allowance	(784,464)	(731,300)
Net deferred tax asset

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Related Party Transactions (Tables)

12 Months Ended

Dec. 31, 2014

Related Party Transactions [Abstract]

Schedule of Related Party Transactions

	December 31, 2014		December 31, 2013
Due to related parties:
Payable to Officer, shareholder	$	146,067	$	185,226
Payable to shareholder		655,451		617,451
Payable to affiliate company of shareholder		282,000		282,000
	$	1,083,518	$	1,084,677