0001165527-12-001209.txt : 20121116 0001165527-12-001209.hdr.sgml : 20121116 20121116152658 ACCESSION NUMBER: 0001165527-12-001209 CONFORMED SUBMISSION TYPE: 10-Q/A PUBLIC DOCUMENT COUNT: 6 CONFORMED PERIOD OF REPORT: 20120930 FILED AS OF DATE: 20121116 DATE AS OF CHANGE: 20121116 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GOFF, CORP CENTRAL INDEX KEY: 0001528188 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] IRS NUMBER: 273129919 STATE OF INCORPORATION: NV FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 10-Q/A SEC ACT: 1934 Act SEC FILE NUMBER: 333-176509 FILM NUMBER: 121211530 BUSINESS ADDRESS: STREET 1: 9 NOF COMMERCIAL CENTER INDUSTRIAL PARK STREET 2: OLD MALLOW RD CITY: CORK CITY STATE: L2 ZIP: 000 BUSINESS PHONE: 087-154-7690 MAIL ADDRESS: STREET 1: 9 NOF COMMERCIAL CENTER INDUSTRIAL PARK STREET 2: OLD MALLOW RD CITY: CORK CITY STATE: L2 ZIP: 000 10-Q/A 1 g6395a.txt U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q/A (Amendment No. 1) Mark One [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2012 [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File No. 333-176509 GOFF CORP (Name of registrant in its charter) Nevada 27-3129919 (State or other jurisdiction (IRS Employer of incorporation or organization) Identification Number) 9 NOF Commercial Centre Industrial Park, Old Mallow Rd, Cork City, Ireland 087-154-7690 (Address of principal executive offices) Indicate by checkmark whether the issuer: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes [X] No [ ] Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-1 (232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files) Yes [X] No [ ] Indicate by check mark whether the registrant is a large accelerated filed, an accelerated filer, a non-accelerated filer, or a smaller reporting company. Large accelerated filer [ ] Accelerated filer [ ] Non-accelerated filer [ ] Smaller reporting company [X] Indicate by checkmark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes [ ] No [X] Applicable Only to Issuer Involved in Bankruptcy Proceedings During the Preceding Five Years. N/A Indicate by checkmark whether the issuer has filed all documents and reports required to be filed by Section 12, 13 and 15(d) of the Securities Exchange Act of 1934 after the distribution of securities under a plan confirmed by a court. Yes [ ] No [ ] Applicable Only to Corporate Registrants Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the most practicable date: Class Outstanding as of September 30, 2012 ----- ------------------------------------ Common Stock, $0.001 11,440,000 The purpose of this Amendment No. 1 to the Company's Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2012, filed with the Securities and Exchange Commission on November 14, 2012 (the "Form 10-Q"), is solely to furnish Exhibit 101 to the Form 10-Q. Exhibit 101 provides the financial statements and related notes from the Form 10-Q formatted in XBRL (Extensible Business Reporting Language). No other changes have been made to the Form 10-Q. This Amendment No. 1 to the Form 10-Q continues to speak as of the original filing date of the Form 10-Q, does not reflect events that may have occurred subsequent to the original filing date, and does not modify or update in any way disclosures made in the original Form 10-Q. Pursuant to rule 406T of Regulation S-T, the Interactive Data Files on Exhibit 101 hereto are deemed not filed or part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, are deemed not filed for purposes of Section 18 of the Securities Act of 1934, as amended, and otherwise are not subject to liability under those sections. ITEM 6. EXHIBITS 31.1* Certification of Chief Executive Officer pursuant to Securities Exchange Act of 1934 Rule 13a-14(a) or 15d-14(a). 31.2* Certification of Chief Financial Officer pursuant to Securities Exchange Act of 1934 Rule 13a-14(a) or 15d-14(a). 32.1* Certifications pursuant to Securities Exchange Act of 1934 Rule 13a-14(b) or 15d- 14(b) and 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes- Oxley Act of 2002. 101** Interactive data files pursuant to Rule 405 of Regulation S-T. ---------- * Previously filed ** Filed herewith 2 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. GOFF CORP Dated: November 16, 2012 By: /s/ Gary O'Flynn ------------------------------------ Gary O'Flynn President, Chief Financial Officer, Secretary, Treasurer, Director 3 EX-101.INS 2 goff-20120930.xml 0001528188 2010-12-31 0001528188 2010-12-01 2010-12-31 0001528188 2011-01-31 0001528188 2010-12-01 2011-01-31 0001528188 2011-04-30 0001528188 2011-01-01 2011-04-30 0001528188 2011-07-01 2011-09-30 0001528188 2012-06-30 0001528188 2012-07-01 2012-09-30 0001528188 2012-09-30 0001528188 2010-07-12 2012-09-30 0001528188 2011-06-30 0001528188 2011-09-30 0001528188 2010-07-11 xbrli:shares iso4217:USD iso4217:USDxbrli:shares GOFF, CORP 0001528188 goff Yes No --06-30 Smaller Reporting Company No 11440000 10-Q 2012-09-30 false 2013 Q1 1565 147 0 19817 0 1565 147 2483 1523 3825 6825 6308 9048 11440 11440 16910 16910 33093 37251 -4743 -8901 1565 147 0.001 0.001 75000000 75000000 4000000 7150000 290000 11440000 11440000 11440000 11440000 4941 1860 16690 -4941 -4158 -37251 0 0 0 -4941 -4158 -37251 11440000 11440000 -0.00 -0.00 0 -960 1523 -9358 -4418 -35028 825 3000 6825 4000 21450 2900 28350 0 28350 29175 3000 35175 19817 -1418 147 0 0 0 0 0 0 <p class="msonospacing"><b>3. 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SUBSEQUENT EVENTS
3 Months Ended
Sep. 30, 2012
Subsequent Events  
SUBSEQUENT EVENTS

6. SUBSEQUENT EVENTS

In accordance with ASC 855-10, Company management reviewed all material events through the date of this report and there are no material subsequent events to report.

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CAPITAL STOCK
3 Months Ended
Sep. 30, 2012
Capital Stock  
CAPITAL STOCK

3. CAPITAL STOCK

 The authorized capital of the Company is 75,000,000 common shares with a par value of $0.001 per share. In December of 2010, the Company issued 4,000,000 shares of common stock at a price of $0.001 per share for total cash proceeds of $4,000.

 In December and January of 2011, the Company issued 7,150,000 shares of common stock at a price of $0.003 per share for total cash proceeds of $21,450.

 In January through April of 2011, the Company issued 290,000 shares of common stock at a price of $0.01 per share for total cash proceeds of $2,900.

 During the period July 12, 2010  (inception)  to June 30, 2012, the Company  sold  a  total of  11,440,000 shares of common stock  for  total  cash proceeds of  $28,350.

XML 12 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
BALANCE SHEETS (USD $)
Sep. 30, 2012
Jun. 30, 2012
Current Assets    
Cash and cash equivalents $ 147 $ 1,565
TOTAL ASSETS 147 1,565
Current Liabilities    
Accounts Payable 1,523 2,483
Accrued expenses 700 0
Note payable - related party 6,825 3,825
TOTAL LIABILITIES 9,048 6,308
STOCKHOLDERS' DEFICIT    
Common stock, par $0.001, 75,000,000 shares authorized, 11,440,000 shares issued and outstanding 11,440 11,440
Paid in capital 16,910 16,910
Deficit accumulated during the development stage (37,251) (33,093)
TOTAL STOCKHOLDERS' DEFICIT (8,901) (4,743)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 147 $ 1,565
XML 13 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED FINANCIAL STATEMENTS
3 Months Ended
Sep. 30, 2012
Organization, Consolidation and Presentation Of Financial Statements [Abstract]  
CONDENSED FINANCIAL STATEMENTS

1. CONDENSED FINANCIAL STATEMENTS

The accompanying financial statements have been prepared by the Company without audit. In the opinion of management, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations, and cash flows at September 30, 2012, and for all periods presented herein, have been made.

Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted. It is suggested that these condensed financial statements be read in conjunction with the financial statements and notes thereto included in the Company's June 30, 2011audited financial statements. The results of operations for the period ended September 30, 2012 are not necessarily indicative of the operating results for the full year.

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XML 15 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
3 Months Ended
Sep. 30, 2012
Accounting Policies [Abstract]  
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

 

a) Basis of Presentation

The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America and are presented in US dollars.

 

b) Going Concern

The financial statements have been prepared on a going concern basis which assumes the Company will be able to realize its assets and discharge its liabilities in the normal course of business for the foreseeable future. The Company has incurred losses since inception resulting in an accumulated deficit of $37,251 as of September 30, 2012 and further losses are anticipated in the development of its business raising substantial doubt about the Company’s ability to continue as a going concern. The ability to continue as a going concern is dependent upon the Company generating profitable operations in the future and/or obtaining the financing necessary to meet its obligations and repay its liabilities arising from normal business operations when they come due. Management intends to finance operating costs over the next twelve months with existing cash on hand and loans from directors and or private placement of common stock.

 

c) Cash and Cash Equivalents

The Company considers all highly liquid instruments with a maturity of Three Months or less at the time of issuance to be cash equivalents.

 

d) Use of Estimates and Assumptions

The preparation of financial statements in conformity with accounting principles generally accepted in the United States 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.

 

e) Financial Instruments

The carrying value of the Company's financial instruments approximates their fair value because of the short maturity of these instruments.

 

f) Stock-based Compensation

Stock-based compensation is accounted for at fair value in accordance with ASC Topic 718. To date, the Company has not adopted a stock option plan and has not granted any stock options.

 
h) Basic and Diluted Net Loss per Share

The Company computes net income (loss) per share in accordance with ASC 260, “Earnings per Share”. ASC 260 requires presentation of both basic and diluted earnings per share (“EPS”) on the face of the income statement. Basic EPS is computed by dividing net income (loss) available to common stockholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excluded all dilutive potential shares if their effect is anti-dilutive.

i) Fiscal Periods

The Company's fiscal year end is June 30.

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BALANCE SHEETS (Parentheticals) (USD $)
Sep. 30, 2012
Jun. 30, 2012
Apr. 30, 2011
Jan. 31, 2011
Dec. 31, 2010
Statement Of Financial Position [Abstract]          
Common stock, par value (in dollars per share) $ 0.001 $ 0.001      
Common stock, shares authorized 75,000,000 75,000,000      
Common stock, shares issued 11,440,000 11,440,000 290,000 7,150,000 4,000,000
Common stock, shares outstanding 11,440,000 11,440,000      
XML 17 R1.htm IDEA: XBRL DOCUMENT v2.4.0.6
Document and Entity Information
3 Months Ended
Sep. 30, 2012
Document and Entity Information (Abstract)  
Entity Registrant Name GOFF, CORP
Entity Central Index Key 0001528188
Trading Symbol goff
Entity Current Reporting Status Yes
Entity Voluntary Filers No
Current Fiscal Year End Date --06-30
Entity Filer Category Smaller Reporting Company
Entity Well-Known Seasoned Issuer No
Entity Common Stock, Shares Outstanding 11,440,000
Document Type 10-Q
Document Period End Date Sep. 30, 2012
Amendment Flag false
Document Fiscal Year Focus 2013
Document Fiscal Period Focus Q1
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STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 27 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Income Statement [Abstract]      
REVENUE $ 0 $ 0 $ 0
OPERATING EXPENSES      
Accounting & legal 1,663 0 13,926
Consulting fees 635 0 6,635
General & administrative expenses 1,860 4,941 16,690
LOSS FROM OPERATIONS (4,158) (4,941) (37,251)
OTHER EXPENSES 0 0 0
NET LOSS BEFORE INCOME TAXES (4,158) (4,941) (37,251)
PROVISION FOR INCOME TAXES 0 0 0
NET LOSS $ (4,158) $ (4,941) $ (37,251)
BASIC AND DILUTED WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING 11,440,000 11,440,000  
NET LOSS PER SHARE $ 0.00 $ 0.00  
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CAPITAL STOCK (Details Textuals) (USD $)
1 Months Ended 2 Months Ended 3 Months Ended 4 Months Ended 27 Months Ended
Dec. 31, 2010
Jan. 31, 2011
Sep. 30, 2012
Sep. 30, 2011
Apr. 30, 2011
Sep. 30, 2012
Jun. 30, 2012
Capital Stock              
Common stock, shares authorized     75,000,000     75,000,000 75,000,000
Common stock, par value (in dollars per share)     $ 0.001     $ 0.001 $ 0.001
Common stock, shares issued 4,000,000 7,150,000 11,440,000   290,000 11,440,000 11,440,000
Sale of common stock, price per share $ 0.001 $ 0.003     $ 0.01    
Common stock, shares outstanding     11,440,000     11,440,000 11,440,000
Cash proceeds from issuance of common stock (in dollars) $ 4,000 $ 21,450 $ 0 $ 28,350 $ 2,900 $ 28,350  
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ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Textuals) (USD $)
3 Months Ended 27 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Organization, Consolidation and Presentation Of Financial Statements [Abstract]      
Accumulated losses $ (4,158) $ (4,941) $ (37,251)
XML 21 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
STATEMENTS OF CASH FLOWS (USD $)
3 Months Ended 27 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Cash Flows from Operating Activities:      
Net loss for the period $ (4,158) $ (4,941) $ (37,251)
Changes in Assets and Liabilities      
Accounts payable (960) 0 1,523
Accrued expenses 700 0 700
Net Cash Used in Operating Activities (4,418) (9,358) (35,028)
Cash Flows from Financing Activities:      
Proceeds from note payable - related party 3,000 825 6,825
Proceeds from the sale of common stock 0 28,350 28,350
Net Cash Provided by Financing Activities 3,000 29,175 35,175
Net Increase (Decrease) in Cash and Cash Equivalents (1,418) 19,817 147
Cash and Cash Equivalents - Beginning 1,565 0 0
Cash and Cash Equivalents - Ending 147 19,817 147
Supplemental Cash Flow Information:      
Cash paid for interest 0 0 0
Cash paid for income taxes $ 0 $ 0 $ 0
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ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)
3 Months Ended
Sep. 30, 2012
Organization, Consolidation and Presentation Of Financial Statements [Abstract]  
Basis of Presentation

a) Basis of Presentation

The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America and are presented in US dollars.

Going Concern

b) Going Concern

The financial statements have been prepared on a going concern basis which assumes the Company will be able to realize its assets and discharge its liabilities in the normal course of business for the foreseeable future. The Company has incurred losses since inception resulting in an accumulated deficit of $37,251 as of September 30, 2012 and further losses are anticipated in the development of its business raising substantial doubt about the Company’s ability to continue as a going concern. The ability to continue as a going concern is dependent upon the Company generating profitable operations in the future and/or obtaining the financing necessary to meet its obligations and repay its liabilities arising from normal business operations when they come due. Management intends to finance operating costs over the next twelve months with existing cash on hand and loans from directors and or private placement of common stock.

Cash and Cash Equivalents

c) Cash and Cash Equivalents

The Company considers all highly liquid instruments with a maturity of Three Months or less at the time of issuance to be cash equivalents.

Use of Estimates

d) Use of Estimates and Assumptions

The preparation of financial statements in conformity with accounting principles generally accepted in the United States 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.

Fair Value of Financial Instruments

e) Financial Instruments

The carrying value of the Company's financial instruments approximates their fair value because of the short maturity of these instruments.

Stock-Based Compensation

f) Stock-based Compensation

Stock-based compensation is accounted for at fair value in accordance with ASC Topic 718. To date, the Company has not adopted a stock option plan and has not granted any stock options.

Basic and Diluted Loss per Share

h) Basic and Diluted Net Loss per Share

The Company computes net income (loss) per share in accordance with ASC 260, “Earnings per Share”. ASC 260 requires presentation of both basic and diluted earnings per share (“EPS”) on the face of the income statement. Basic EPS is computed by dividing net income (loss) available to common stockholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excluded all dilutive potential shares if their effect is anti-dilutive.

Fiscal Periods

i) Fiscal Periods

The Company's fiscal year end is June 30.
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