Exhibit 31.1
Certification of Principal Executive Officer and Principal Financial Officer
Pursuant to 18 U.S.C. Section 1350,
As Adopted Pursuant To Section 302 of
The Sarbanes-Oxley Act of 2002
I, Awais Khan, certify that:
1. | I have reviewed this Quarterly Report on Form 10-Q of Scoop Media, Inc.; |
2. | Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; |
3. | Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report; |
4. | The registrants other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have: |
| (a) | Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; |
| (b) | Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; |
| (c) | Evaluated the effectiveness of the registrants disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and |
| (d) | Disclosed in this report any change in the registrants internal control over financial reporting that occurred during the registrants most recent fiscal quarter (the registrants fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrants internal control over financial reporting; and |
5. | The registrants other certifying officer and I have disclosed, based on our most recent evaluation, to the registrants auditors and the audit committee of registrants board of directors (or persons performing the equivalent functions): |
| (a) | All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrants ability to record, process, summarize and report financial information; and |
| (b) | Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrants internal controls. |
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Dated: July 15, 2013 | /s/ Awais Khan |
| President, Chief Executive Office, Chief Financial Officer, Secretary and Treasurer |
| (Principal Executive Officer and Principal Financial Officer) |
Exhibit 32.1
Certification of Principal Executive Officer and Principal Financial Officer
Pursuant to 18 U.S.C. Section 1350,
As Adopted Pursuant To Section 906 of
The Sarbanes-Oxley Act of 2002
In connection with the accompanying quarterly report on Form 10-Q of Scoop Media, Inc. for the quarter ended May 31, 2013, I, Awais Khan Chief Executive Officer and Chief Financial Officer of Scoop Media, Inc., hereby certify pursuant to 18 U.S.C. Section 1350, as adopted pursuant to section 906 of the Sarbanes-Oxley Act of 2002, to the best of my knowledge and belief, that:
1. | Such quarterly report of Form 10-Q for the quarter ended May 31, 2013, fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and |
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2. | The information contained in such quarterly report of Form 10-Q for the quarter ended May 31, 2013, fairly represents in all material respects, the financial condition and results of operations of Scoop Media, Inc. |
Dated: July 15, 2013 | /s/ Awais Khan |
| President, Chief Executive Office, Chief Financial Officer, Secretary and Treasurer |
| (Principal Executive Officer and Principal Financial Officer) |
Statements of Expenses (USD $)
|
3 Months Ended | 9 Months Ended | 26 Months Ended | ||
---|---|---|---|---|---|
May 31, 2013
|
May 31, 2012
|
May 31, 2013
|
May 31, 2012
|
May 31, 2013
|
|
Expenses | |||||
General and administrative | $ 6,532 | $ 25,800 | $ 37,724 | $ 33,532 | $ 88,291 |
Total Operating Expenses | 6,532 | 25,800 | 37,724 | 33,532 | 88,291 |
Net Loss | $ (6,532) | $ (25,800) | $ (37,724) | $ (33,532) | $ (88,291) |
Net Loss Per Share - Basic and Diluted | $ 0.00 | $ 0.00 | $ 0.00 | $ (0.01) | |
Weighted Average Shares Outstanding | 8,000,000 | 5,500,000 | 7,771,062 | 5,500,000 |
RELATED PARTY TRANSACTION CONSISTS OF (Details) (USD $)
|
May 31, 2013
|
---|---|
RELATED PARTY TRANSACTION CONSISTS OF: | |
Related Party Payables | $ 380 |
Nature of Operations, Basis of Presentation and Going Concern
|
9 Months Ended |
---|---|
May 31, 2013
|
|
Nature of Operations and Continuance of Business | |
Nature of Operations and Continuance of Business | Nature of Operations, Basis of Presentation, and Going Concern Scoop Media, Inc. (the Company) was incorporated in the state of Nevada on March 18, 2011. The Company has been in the exploration stage since its formation and has not commenced business operations.
These financial statements have been prepared on a going concern basis, which implies the Company will continue to realize it assets and discharge its liabilities in the normal course of business. During the period ended May 31, 2013, the Company has an accumulated deficit of $88,291. The Company is in the business of developing a website that will provide reviews and information on online dating sites. The continuation of the Company as a going concern is dependent upon the continued financial support from its shareholders, the ability of the Company to obtain necessary equity financing to continue operations, and the attainment of profitable operations. These factors raise substantial doubt regarding the Companys ability to continue as a going concern. These financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. Basis of Presentation The accompanying unaudited interim financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission, and should be read in conjunction with the audited financial statements and notes thereto contained in the Companys most recent Annual Financial Statements filed with the SEC on Form 10-K. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim period presented have been reflected herein. The results of operations for the interim period are not necessarily indicative of the results to be expected for the full year. Notes to the financial statements which would substantially duplicate the disclosures contained in the audited financial statements for the most recent fiscal period, as reported in the Form 10-K, have been omitted. |
Common Stock
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9 Months Ended |
---|---|
May 31, 2013
|
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Common Stock | |
Common Stock | Common Stock a) On September 25, 2012, the Company issued 2,500,000 shares of common stock at $0.01 per share for proceeds of $25,000. |
Common Stock Transactions (Details) (USD $)
|
Sep. 25, 2012
|
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Common Stock Transactions: | |
Issued common shares | 2,500,000 |
Common stock shares par value | $ 0.01 |
Common shares for proceeds | $ 25,000 |
GOING CONCERN (Details) (USD $)
|
May 31, 2013
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GOING CONCERN: | |
Accumulated deficit | $ 88,291 |
Balance Sheets Parentheticals (USD $)
|
May 31, 2013
|
Aug. 31, 2012
|
---|---|---|
Parentheticals | ||
Common Stock, par value | $ 0.001 | $ 0.001 |
Common Stock, shares authorized | 200,000,000 | 200,000,000 |
Common Stock, shares issued | 8,000,000 | 5,500,000 |
Common Stock, shares outstanding | 8,000,000 | 5,500,000 |
Statements of Cash Flows (USD $)
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9 Months Ended | 26 Months Ended | |
---|---|---|---|
May 31, 2013
|
May 31, 2012
|
May 31, 2013
|
|
Operating Activities | |||
Net loss | $ (37,724) | $ (33,532) | $ (88,291) |
Changes in operating assets and liabilities: | |||
Prepaid expenses | 0 | 7,500 | 0 |
Accounts Payable Accrued liabilities | 6,000 | 6,000 | 13,500 |
Net Cash Used in Operating Activities | (31,724) | (10,032) | (74,791) |
Financing Activities | |||
Proceeds from issuance of common stock | 25,000 | 0 | 80,000 |
Proceeds from related party debt | 0 | 0 | 380 |
Net Cash Provided by Financing Activities | 25,000 | 0 | 80,380 |
Net Increase in Cash | (6,724) | (20,032) | 5,589 |
Cash, Beginning of Period | 12,313 | 47,421 | 0 |
Cash, End of Period | 5,589 | 27,389 | 5,589 |
Supplemental Disclosures | |||
Interest paid | 0 | 0 | 0 |
Income taxes paid | $ 0 | $ 0 | $ 0 |
Balance Sheets (Unaudited) (USD $)
|
May 31, 2013
|
Aug. 31, 2012
|
---|---|---|
Current Assets | ||
Cash | $ 5,589 | $ 12,313 |
Total Current Assets | 5,589 | 12,313 |
Current Liabilities | ||
Accrued liabilities | 13,500 | 7,500 |
Due to related parties | 380 | 380 |
Total Current Liabilities | 13,880 | 7,880 |
Stockholders' Equity ( Deficit ) | ||
Common stock Authorized: 200,000,000 shares, par value $0.001 8,000,000 and 5,500,000 share issued and outstanding | 8,000 | 5,500 |
Additional paid-in capital | 72,000 | 49,500 |
Deficit accumulated during the development stage | (88,291) | (50,567) |
Total Stockholders' Equity (Deficit) | (8,291) | 4,433 |
Total Liabilities and Stockholders' Equity (Deficit) | $ 5,589 | $ 12,313 |
Related Party Transactions
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9 Months Ended |
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May 31, 2013
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Related Party Transactions | |
Related Party Transactions | a) As at May 31, 2013, the Company was indebted to the President of the Company in the amount of $380, which is non-interest bearing, unsecured, and due on demand. |
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Document and Entity Information
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9 Months Ended | |
---|---|---|
May 31, 2013
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Jul. 15, 2013
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Document and Entity Information: | ||
Entity Registrant Name | SCOOP MEDIA, INC. | |
Document Type | 10-Q | |
Document Period End Date | May 31, 2013 | |
Amendment Flag | false | |
Entity Central Index Key | 0001533615 | |
Current Fiscal Year End Date | --08-31 | |
Entity Common Stock, Shares Outstanding | 8,000,000 | |
Entity Filer Category | Smaller Reporting Company | |
Entity Current Reporting Status | Yes | |
Entity Voluntary Filers | No | |
Entity Well-known Seasoned Issuer | No | |
Document Fiscal Year Focus | 2013 | |
Document Fiscal Period Focus | Q3 |