10-Q

U.S. SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

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

For the quarterly period ended September 30, 2013

[  ]  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. 333-180838

AMERICAN BOARDING COMPANY

(Exact name of small business issuer as specified in its charter)

Delaware	45-4507811
(State or other jurisdiction of incorporation Or organization)	(I.R.S. Employer Identification No.)

358 Frankfort Street, Daly City, California 94104

(Address of Principal Executive Offices)

(415) 586-8100

(Issuer’s telephone number)

(Former name, address and fiscal year, if changed since last report)

Check whether the issuer (1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the preceding 12 months (or for such shorter period that the issuer 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 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,” “non-accelerated filer,” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

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

APPLICABLE ONLY TO CORPORATE ISSUERS:

State the number of shares outstanding of each of the issuer’s classes of common equity, as of October 16, 2013:   8,500,000 shares of common stock.

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

Yes [X]  No [  ]

Transitional Small Business Disclosure Format (Check One) Yes [  ]  No [X]

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2

Item 1.  FINANCIAL STATEMENTS

AMERINCAN BOARDING COMPANY

Financial Statements

	Page
Financial Statements:
Balance Sheets, September 30, 2013 (unaudited)  and December 31, 2012 (audited)	4
Statement of Operations (unaudited), for the three and nine month periods ended September 30, 2013 and 2012 (unaudited) and for the period January 27, 2012 (date of inception) through September 30, 2013	5
Statement of Changes in Stockholders’ Equity (Deficit), for the period January 27, 2012 (date of inception) through September 30, 2013 (unaudited)	6
Statements of Cash Flows (unaudited), for the nine month periods ended September 30, 2013 and 2012 and for the period January 27, 2012 (date of inception) through September 30, 2013	7
Notes to Financial Statements (unaudited)	8-13

3

American Boarding Company

(A Development Stage Company)

Balance Sheets

		September 30,		December 31,
		2013		2012
		(unaudited)		(audited)
ASSETS
Current Assets
	Cash and cash equivalents	$	569	$	435
Total Current Assets			569		435
	TOTAL ASSETS	$	569	$	435
LIABILITIES AND STOCKHOLDERS' DEFICIT
Current Liabilities
	Accounts payable	$	4,145	$	-
Total Current Liabilities			4,145		-
	TOTAL LIABILITIES		4,145		-
Stockholders' Deficit
Preferred stock: 10,000,000 authorized; $0.001 par value
	0 shares issued and outstanding		-		-
Common stock: 90,000,000 authorized; $0.001 par value
	8,500,000 and 8,500,000 shares issued and outstanding		8,500		8,500
Additional paid in capital			8,753		2,753
Accumulated deficit during development stage			(20,829)		(10,818)
Total Stockholders' Deficit			(3,576)		435
	TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$	569	$	435

See notes to unaudited financial statements

4

American Boarding Company

(A Development Stage Company)

Statement of Operations

(unaudited)

												January 27, 2012
		For the Three Months Ended					For the Nine Ended					(inception) to
		September 30,					September 30,					September 30,
		2013		2012		2013			2012		2013
Revenues		$	-	$	-	$		-	$	-	$		-
Operating Expenses
	General and administrative		1,607		450			2,301		1,050			4,274
	Compensation		2,000		-			6,000		-			10,000
	Stock based compensation		-		-			-		-			-
	Professional		1,710		4,750			1,710		4,750			6,555
	Research and development		-		-			-		-			-
	Depreciation and amortization		-		-			-		-			-
	Total operating expenses		5,317		5,200			10,011		5,800			20,829
Net loss from operations			(5,317)		(5,200)			(10,011)		(5,800)			(20,829)
	Income taxes		-		-			-		-			-
Net loss		$	(5,317)	$	910	$		(10,011)	$	(5,800)	$		(20,829)
Basic and dilutive loss per share		$	(0.00)	$	0.00	$		(0.00)	$	(0.00)
Weighted average number of
	shares outstanding		8,500,000		8,500,000			8,500,000		8,500,000

See notes to unaudited financial statements

5

American Boarding Company

(A Development Stage Company)

Statement of Stockholders' Deficit

								Additional
		Preferred Stock			Common Stock			Paid in		Accumulated
		Shares	Amount		Shares	Amount		Capital		Deficit		Total
Balance as of January 27, 2012 (Inception)		-	$	-	-	$	-	$	-	$	-	$	-
Common shares issued to founders, January 27, 2012					8,500,000		8,500		-				8,500
Forgiveness of debts of shareholders:
	April 4, 2012								1,753				1,753
	May 14, 2012								1,000				1,000
	Net loss										(10,818)		(10,818)
Balance as of December 31, 2012		-		-	8,500,000		8,500		2,753		(10,818)		435
Forgiveness of debts of shareholder, September 2013									6,000				6,000
	Net loss (unaudited)										(10,011)		(10,011)
Balance, September 30, 2013		-	$	-	8,500,000	$	8,500	$	8,753	$	(20,829)	$	(3,576)

See notes to unaudited financial statements

6

American Boarding Company

(A Development Stage Company)

Statements of Cash Flows

(unaudited)

						January 27, 2012
						(inception)
		For the Nine Months Ending				through
		September 30,				September 30,
		2013		2012		2013
CASH FLOWS FROM OPERATING ACTIVITIES:
	Net income (loss)	$	(10,011)	$	-	$	(20,829)
	Adjustment to reconcile Net Income to net
	cash provided by operations:
	Changes in operating assets and liabilities:
	Accounts payable		4,145		-		4,145
	Total adjustments		4,145		-		4,145
	Net Cash (Used in) Provided By Operating Activities		(5,866)		-		(16,684)
CASH FLOWS FROM INVESTING ACTIVITIES:
	Net Cash (Used in) Investing Activities		-		-		-
CASH FLOWS FROM FINANCING ACTIVITIES:
	Shareholder loans, net		-		-		2,753
	Proceeds from Loan(s)		6,000		-		6,000
	Proceeds from issuance of stock		-		-		8,500
	Net Cash (Used in) Provided by Financing Activities		6,000		-		17,253
Net increase (decrease) in cash and cash equivalents			134		-		569
Cash and cash equivalents, beginning of period			435		-		-
Cash and cash equivalents, end of period		$	569	$	-	$	569
Supplemental cash flow information
	Cash paid for interest	$	-	$	-	$	-
	Cash paid for taxes	$	-	$	-	$	-
Non-cash transactions:
	Forgiveness of shareholder debt	$	6,000	$	-	$	8,753

See notes to unaudited financial statements

7

AMERICAN BOARDING COMPANY

(A Development Stage Entity)

Notes to the Financial Statements

As of September 30, 2013 (unaudited) and December 31, 2012 (audited)

and for the three and nine month periods ended September 30, 2013 and 2012 (unaudited) and for the period January 27, 2012 (date of inception)

through September 30, 2013 (unaudited)

1.  Nature of Operations and Significant Accounting Policies

Nature of Operations  

American Boarding Company (“the Company” or “ABC”) was incorporated in the State of Delaware on January 27, 2012.  American Boarding Company is a real estate based company with a principle business objective of acquisition, design, development, lease, and management services of student housing communities located within close proximity of colleges and universities in the United States.  

American Boarding Company’s administrative office is located at 358 Frankfort Street, Daly City, California 94014.

American Boarding Company’s fiscal year end is December 31.

Development Stage Company

The Company is a development stage company as defined by section FASB ASC 915, Development Stage Entities.  The Company is still devoting substantially all of its efforts on establishing the business and its planned principal operations have not commenced.  All losses accumulated since inception has been considered as part of the Company's development stage activities.

Unaudited Interim Financial Statements

The accompanying unaudited financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America for interim financial information and with the instructions to Form 10-Q and Regulation S-X.  Accordingly, the financial statements do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements.

In the opinion of management, all adjustments consisting of normal recurring entries necessary for a fair statement of the periods presented for: (a) the financial position; (b) the result of operations; and (c) cash flows, have been made in order to make the financial statements presented not misleading.

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”) of the United States.  

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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

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.

ASC 820, Fair Value Measurements and Disclosures  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) an 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, 2012. The respective carrying value of certain on-balance-sheet financial instruments approximated their fair values due to the short-term nature of these instruments.

Cash and Cash Equivalents

Cash and cash equivalents includes all cash deposits and highly liquid financial instruments with a maturity of three months or less.

9

Long-lived assets and intangible property

The Company follows ASC 360, Property, Plant, and Equipment, for its fixed assets and ASC 350, Intangibles - Goodwill and Other.  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 currently has no real or intangible properties and therefore did not recognize any impairment losses for any periods presented.

Share-based expenses

ASC 718, Compensation - Stock Compensation, prescribes accounting and reporting standards for all share-based payment transactions in which employee services are acquired.  Transactions include incurring liabilities, or issuing or offering to issue shares, options, and other equity instruments such as employee stock ownership plans and stock appreciation rights.  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. 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 accounts for stock-based compensation issued to non-employees and consultants in accordance with the provisions of ASC 505-50, Equity - Based Payments to Non-Employees.  Measurement of share-based payment transactions with non-employees is based on the fair value of whichever is more reliably measurable:  (a) the goods or services received; or (b) the equity instruments issued.  The fair value of the share-based payment transaction is determined at the earlier of performance commitment date or performance completion date.  

Share-based expense was $0 for the periods ending September 30, 2013 and 2012

Revenue recognition

The Company has no current source of revenue; therefore the Company has not yet adopted any policy regarding the recognition of revenue or cost.

Advertising

The costs of advertising are expensed as incurred.  Advertising expense was $0 for the periods ending September 30, 2013 and 2012.   

10

Income taxes

The Company accounts for income taxes in accordance with the provisions of ASC 740, Income Taxes, Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date.

Earnings (loss) per share

The Company computes basic and diluted earnings per share amounts in accordance with ASC Topic 260, Earnings per Share. Basic earnings per share is computed by dividing net income (loss) available to common shareholders by the weighted average number of common shares outstanding during the reporting period. Diluted earnings per share reflects the potential dilution that could occur if stock options and other commitments to issue common stock were exercised or equity awards vest resulting in the issuance of common stock that could share in the earnings of the Company.  

The Company does not have any potentially dilutive instruments as of September 30, 2013 and, thus, anti-dilution issues are not applicable.

Recently Issued Accounting Pronouncements

Except for rules and interpretive releases of the SEC under authority of federal securities laws and a limited number of grandfathered standards, the FASB Accounting Standards Codification™ (“ASC”) is the sole source of authoritative GAAP literature recognized by the FASB and applicable to the Company.  

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.

2.  Going Concern

The Company’s financial statements are prepared using accounting principles generally accepted in the United States of America applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business.  The Company has not yet emerged from its development stage, has not established an ongoing source of revenues sufficient to cover its operating cost, and requires additional capital to commence its operating plan.  The ability of the Company to continue as a going concern is dependent on the Company obtaining adequate capital to fund operating losses until it becomes profitable.  If the Company is unable to obtain adequate capital, it could be forced to cease operations.  These factors raise substantial doubt about its ability to continue as a going concern.

11

In order to continue as a going concern, the Company will need, among other things, additional capital resources.  Management’s plan to obtain such resources for the Company include: sales of equity instruments; traditional financing, such as loans; and obtaining capital from management and significant stockholders sufficient to meet its minimal operating expenses.  However, management cannot provide any assurance that the Company will be successful in accomplishing any of its plans.

There is no assurance that the Company will be able to obtain sufficient additional funds when needed or that such funds, if available, will be obtainable on terms satisfactory to the Company.  In addition, profitability will ultimately depend upon the level of revenues received from business operations.  However, there is no assurance that the Company will attain profitability. The accompanying financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.

3.  Income Taxes

The Company utilizes the liability method of accounting for income taxes. Under the liability method deferred tax assets and liabilities are determined based on the differences between financial reporting basis and the tax basis of the assets and liabilities and are measured using enacted tax rates and laws that will be in effect, when the differences are expected to reverse. An allowance against deferred tax assets is recognized, when it is more likely than not, that such tax benefits will not be realized.

The Company has not recognized an income tax benefit for its operating losses generated from operations, based on uncertainties concerning its ability to generate taxable income in future periods.  The tax benefit for the periods presented is offset by a valuation allowance established against deferred tax assets arising from operating losses and other temporary differences, the realization of which could not be considered more likely than not.  In future periods, tax benefits and related deferred tax assets will be recognized when management considers realization of such amounts to be more likely than not.  

Deferred tax assets resulted from the net operating losses generated by the Company. The Company provides for income taxes, for the periods ended September 30, is as follows:

	2013
Current provision
Income tax provision (benefit) at statutory rate	$	(7,100)
State income tax expense (benefit), net of federal benefit		(800)
Subtotal		(7,900)
Valuation allowance		7,900.
	$	--

As of December 31, 2012 the Company has a net operating loss carry forward in the approximate amount of $10,000.  The NOLs will begin expiring in 2032.  

4.  Related Party Transactions

American Boarding Company uses an administrative office located at 358 Frankfort Street, Daly City, California 94014.  Mr. Noorkayhani, who is an officer and director of the Company, provides the office space free of charge and no lease exists.  We consider our current principal office space arrangement adequate and will reassess our needs based upon the future growth of the company.

The Company does not have an employment contract with its key employee, who is the Chief Executive Officer.

12

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.

5.  Equity

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.

Common Stock

The total number of shares of common stock which the Company shall have authority to issue is ninety million (90,000,000) common shares with a par value of $.001, of which 8,500,000 have been issued to the founders at par value ($8,500).  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.

Preferred Stock

The total number of shares of preferred stock which the Company shall have authority to issue is ten million (10,000,000) preferred shares with a par value of $.001.  There are no preferred shares authorized or outstanding at September 30, 2013.  

Warrants and Options

There are no warrants or options issued or outstanding as of September 30, 2013.

6.  Commitments and 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.

From time to time the Company may become a party to litigation matters involving claims against the Company.  Management believes that there are no current matters that would have a material effect on the Company’s financial position or results of operations.

7.  Subsequent events

Management has evaluated subsequent events through the date the financial statements were issued, date of filing with the Securities and Exchange Commission. Based on our evaluation no events have occurred requiring adjustment or disclosure.

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Item 2. Management’s Discussion and Analysis of Financial Conditions and Results of Operations

Plan of Operation

American Boarding Company is a real estate based company with a principle business objective of acquisition, design, development, lease, and management services of student housing communities located within close proximity of colleges and universities in the United States.  The Company is based in the San Francisco area and we plan to purchase our initial property in close proximity to one of the many universities and colleges located in this area.  There are numerous higher education institutions in the Northern California.  Students attending these universities often are from outside of Bay area communities and as such demand a short-term lease of residential housing for the period of which they are attending those schools.  We believe there is a demand to provide the supply of housing to this market by developing and managing such properties through our business strategy.  Schools such as Sonoma State University, University of California Davis and San Mateo Skyline College were initially selected to determine the profitability of our business plan.  These schools were selected due to the fact that all are within 50 miles radius of San Francisco Bay Area.

Results of Operation

The Company did not have any operating income from inception (January 27, 2012) through September 30, 2013.  The Company incurred losses of $5,317, $5,200, $10,011, $5,800 and $20,829 for the three and nine month periods ending September 30, 2013 and 2012 and for the period January 27, 2012 (date of inception) through September 30, 2013, respectively.  The losses were the result of general and administrative expenses; comprised of costs mainly associated with legal, accounting and associated costs of public filing.

Liquidity and Capital Resource

The Company has insufficient cash to meet its current cash flow requirements.  The Company relies on and anticipates temporary financial support from its majority owner, however there is no written commitment for such funding. The Company has financed its expenses and costs thus far through an equity investment by one of its shareholders.  American Boarding Company received a Notice of Effectiveness on its filing Form S-11 from the Securities and Exchange Commission on January 22, 2013 and the Company is offering on a best-efforts basis a minimum of 600,000 and a maximum of 6,000,000 shares of its common stock at a fixed price of $0.05 per share.  

14

Critical Accounting Policies

American Boarding Company financial statements and related public financial information are based on the application of accounting principles generally accepted in the United States (“GAAP”). GAAP requires the use of estimates; assumptions, judgments and subjective interpretations of accounting principles that have an impact on the assets, liabilities, revenue and expense amounts reported. These estimates can also affect supplemental information contained in our external disclosures including information regarding contingencies, risk and financial condition.  We believe our use if estimates and underlying accounting assumptions adhere to GAAP and are consistently and conservatively applied. We base our estimates on historical experience and on various other assumptions that we believe to be reasonable under the circumstances. Actual results may differ materially from these estimates under different assumptions or conditions. We continue to monitor significant estimates made during the preparation of our financial statements.

Item 4. Controls and Procedures

Evaluation of Disclosure Controls and Procedures

We maintain disclosure controls and procedures (as defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act) that are designed to ensure that information required to be disclosed in the reports we file or submit 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 our management, including our chief executive officer and chief financial officer, as appropriate to allow timely decisions regarding disclosure.  In designing and evaluating the disclosure controls and procedures, management recognized that any controls and procedures, no matter how well designed and operated, can provide only reasonable assurance of achieving the desired control objectives, and management necessarily was required to apply its judgment in evaluating the cost-benefit relationship of possible controls and procedures.

Our management, with the participation of our chief executive officer and chief financial officer, has evaluated the effectiveness of our disclosure controls and procedures as of September 30, 2013.  Based on their evaluation, our chief executive officer and chief financial officer have concluded that, as of September 30, 2013, our disclosure controls and procedures were not effective.

15

PART II - OTHER INFORMATION

Item 1. Legal Proceedings

None

Item 1A. Risk Factors.

The Company is a smaller reporting company and is not required to provide this information.

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

None

Item 3. Defaults Upon Senior Securities.

None

Item 4. Mine Safety Disclosures.

None.

Item 5. Other Information.

None.

Item 6.  Exhibits and Reports on Form 8-K

(a)

Exhibits

31.1 Certification pursuant to Section 302 of Sarbanes Oxley Act of 2002

31.2 Certification pursuant to Section 906 of Sarbanes Oxley Act of 2002

101 Interactive Data files pursuant to Regulation S-T

(b)

Reports on Form 8-K

None

16

SIGNATURES

In accordance with Section 13 or 15(d) of the Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	American Boarding Company
Date: October 16, 2013
	By: /s/ Farshid Raafat
	Farshid Raafat, President

In accordance with the Exchange Act, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

Date: October 16, 2013
	By:  /s/ Farshid Raafat
	Farshid Raafat, Chief Executive Officer, President and Director
	(Principal Executive Officer)
Date: October 16, 2013
	By:  /s/ Reza Noorkayhani
	Reza Noorkayhani, Chief Financial Officer Principal Accounting Officer, Secretary, Treasurer and Director
	(Principal Financial and Accounting Officer)

17

EX-31

Exhibit 31.1

CERTIFICATION OF CHIEF EXECUTIVE OFFICER

AND CHIEF FINANCIAL OFFICER

PURSUANT TO 18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO SECTION 906 OF

THE SARBANES-OXLEY ACT OF 2002

I, Farshid Raafat, certify that:

1.               I have reviewed this Quarterly Report on Form 10-Q of American Boarding Company;

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 the report;

4.               The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act 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 registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d)  Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

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

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

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

Date:  October 16, 2013

/s/ Farshid Raafat

Farshid Raafat

President, Chief Executive Officer

(Principal Executive Officer)

EX-32

Exhibit 32.1

CERTIFICATION PURSUANT TO 18 U.S.C. 1350 AS ADOPTED

PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with this Quarterly Report of American Boarding Company (the “Company”) on Form 10-Q for the period ending September 30, 2013, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Farshid Raafat, Chief Executive Officer and, Reza Noorkayhani, Chief Accounting Officer of the Company, certifies to the best of his knowledge, pursuant to 18 U.S.C. Section 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 result of operations of the Company.

Very truly yours,

 /s/ Farshid Raafat

Farshid Raafat

Chief Executive Officer

President

Dated: October 16, 2013

/s/ Reza Noorkayhani

Reza Noorkayhani

Chief Financial Officer

Chief Accounting Officer

Dated: October 16, 2013

A signed original of this written statement required by Section 906 of the Sarbanes-Oxley Act of 2002 has been provided to American Boarding Company and will be furnished to the Securities and Exchange Commission or its staff upon request.

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Nature of Operations and Significant Accounting Policies: Use of Estimates (Policies)

3 Months Ended

Sep. 30, 2013

Policies

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.

XML

Statements of Operations (USD $)	3 Months Ended		9 Months Ended		20 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013
Income Statement
Revenues
Operating expenses
General and administrative	1,607	450	2,301	1,050	4,274
Compensation	2,000		6,000		10,000
Professional	1,710	4,750	1,710	4,750	6,555
Total operating expenses	5,317	5,200	10,011	5,800	20,829
Net Loss	$ (5,317)	$ (5,200)	$ (10,011)	$ (5,800)	$ (20,829)
Net loss per common share - basic and diluted	$ 0	$ 0	$ 0	$ 0
Weighted common shares outstanding - basic and diluted	8,500,000	8,500,000	8,500,000	8,500,000

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Related Party Transactions

3 Months Ended

Sep. 30, 2013

Notes

Related Party Transactions

4.  Related Party Transactions

American Boarding Company uses an administrative office located at 358 Frankfort Street, Daly City, California 94014.  Mr. Noorkayhani, who is an officer and director of the Company, provides the office space free of charge and no lease exists.  We consider our current principal office space arrangement adequate and will reassess our needs based upon the future growth of the company.

The Company does not have an employment contract with its key employee, who is the Chief Executive Officer.

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.

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Nature of Operations and Significant Accounting Policies: Income Taxes Policy (Policies)

3 Months Ended

Sep. 30, 2013

Policies

Income Taxes Policy

Income taxes

The Company accounts for income taxes in accordance with the provisions of ASC 740, Income Taxes, Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date.

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Nature of Operations and Significant Accounting Policies: Financial Instruments (Policies)

3 Months Ended

Sep. 30, 2013

Policies

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

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.

ASC 820, Fair Value Measurements and Disclosures  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) an 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, 2012. The respective carrying value of certain on-balance-sheet financial instruments approximated their fair values due to the short-term nature of these instruments.

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Income Taxes: Schedule of Income Taxes (Tables)

3 Months Ended

Sep. 30, 2013

Tables/Schedules

Schedule of Income Taxes

	2013
Current provision
Income tax provision (benefit) at statutory rate	$	(7,100)
State income tax expense (benefit), net of federal benefit		(800)
Subtotal		(7,900)
Valuation allowance		7,900
	$	--

XML

Nature of Operations and Significant Accounting Policies: Recently Issued Accounting Pronouncements (Policies)

3 Months Ended

Sep. 30, 2013

Policies

Recently Issued Accounting Pronouncements

Recently Issued Accounting Pronouncements

Except for rules and interpretive releases of the SEC under authority of federal securities laws and a limited number of grandfathered standards, the FASB Accounting Standards Codification (“ASC”) is the sole source of authoritative GAAP literature recognized by the FASB and applicable to the Company. 

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.

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Equity (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Details
*Common stock authorized to be issued	90,000,000	90,000,000
Common stock par value	$ 0.001	$ 0.001
Common stock issued (founders)	8,500,000	8,500,000
Common stock value (founders)	$ 8,500	$ 8,500
Preferred stock authorized	10,000,000	10,000,000
Preferred stock par value	$ 0.001	$ 0.001

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Nature of Operations and Significant Accounting Policies: Earnings (loss) Per Share (Policies)

3 Months Ended

Sep. 30, 2013

Policies

Earnings (loss) Per Share

Earnings (loss) per share

The Company computes basic and diluted earnings per share amounts in accordance with ASC Topic 260, Earnings per Share. Basic earnings per share is computed by dividing net income (loss) available to common shareholders by the weighted average number of common shares outstanding during the reporting period. Diluted earnings per share reflects the potential dilution that could occur if stock options and other commitments to issue common stock were exercised or equity awards vest resulting in the issuance of common stock that could share in the earnings of the Company. 

The Company does not have any potentially dilutive instruments as of September 30, 2013 and, thus, anti-dilution issues are not applicable.

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Statements of Cash Flows (USD $)	9 Months Ended	20 Months Ended
	Sep. 30, 2013	Sep. 30, 2013
Cash Flows from Operating Activities
Net loss	$ (10,011)	$ (20,829)
Changes to operating assets and liabilities:
Increase (decrease) in accounts payable	4,145	4,145
Net cash used in operating activities	4,145	4,145
Cash Flows from Financing Activities
Shareholder loans		2,753
Proceeds from Loan(s)	6,000	6,000
Issuance of common stock		8,500
Net cash (used in) provided by financing activities	6,000	17,253
Net increase (decrease) in cash and cash equivalents	134	569
Cash and cash equivalents, beginning of period	435
Cash and cash equivalents, end of period	569	569
Supplemental Disclosure of Cash Flow Information:
Interest paid
Taxes paid
Non-Cash Transactions
Forgiveness of debt, shareholder	$ 6,000	$ 8,753

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Going Concern

3 Months Ended

Sep. 30, 2013

Notes

Going Concern

2.  Going Concern

The Company’s financial statements are prepared using accounting principles generally accepted in the United States of America applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business.  The Company has not yet emerged from its development stage, has not established an ongoing source of revenues sufficient to cover its operating cost, and requires additional capital to commence its operating plan.  The ability of the Company to continue as a going concern is dependent on the Company obtaining adequate capital to fund operating losses until it becomes profitable.  If the Company is unable to obtain adequate capital, it could be forced to cease operations.  These factors raise substantial doubt about its ability to continue as a going concern.

In order to continue as a going concern, the Company will need, among other things, additional capital resources.  Management’s plan to obtain such resources for the Company include: sales of equity instruments; traditional financing, such as loans; and obtaining capital from management and significant stockholders sufficient to meet its minimal operating expenses.  However, management cannot provide any assurance that the Company will be successful in accomplishing any of its plans.

There is no assurance that the Company will be able to obtain sufficient additional funds when needed or that such funds, if available, will be obtainable on terms satisfactory to the Company.  In addition, profitability will ultimately depend upon the level of revenues received from business operations.  However, there is no assurance that the Company will attain profitability. The accompanying financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.

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Equity

3 Months Ended

Sep. 30, 2013

Notes

Equity

5.  Equity

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.

Common Stock

The total number of shares of common stock which the Company shall have authority to issue is ninety million (90,000,000) common shares with a par value of $.001, of which 8,500,000 have been issued to the founders at par value ($8,500).  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.

Preferred Stock

The total number of shares of preferred stock which the Company shall have authority to issue is ten million (10,000,000) preferred shares with a par value of $.001.  There are no preferred shares authorized or outstanding at September 30, 2013. 

Warrants and Options

There are no warrants or options issued or outstanding as of Septmber 30, 2013.

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Income Taxes

3 Months Ended

Sep. 30, 2013

Notes

Income Taxes

3.  Income Taxes

The Company utilizes the liability method of accounting for income taxes. Under the liability method deferred tax assets and liabilities are determined based on the differences between financial reporting basis and the tax basis of the assets and liabilities and are measured using enacted tax rates and laws that will be in effect, when the differences are expected to reverse. An allowance against deferred tax assets is recognized, when it is more likely than not, that such tax benefits will not be realized.

The Company has not recognized an income tax benefit for its operating losses generated from operations, based on uncertainties concerning its ability to generate taxable income in future periods.  The tax benefit for the periods presented is offset by a valuation allowance established against deferred tax assets arising from operating losses and other temporary differences, the realization of which could not be considered more likely than not.  In future periods, tax benefits and related deferred tax assets will be recognized when management considers realization of such amounts to be more likely than not. 

Deferred tax assets resulted from the net operating losses generated by the Company. The Company provides for income taxes, for the periods ended September 30, is as follows:

	2013
Current provision
Income tax provision (benefit) at statutory rate	$	(7,100)
State income tax expense (benefit), net of federal benefit		(800)
Subtotal		(7,900)
Valuation allowance		7,900
	$	--

As of December 31, 2012 the Company has a net operating loss carry forward in the approximate amount of $10,000.  The NOLs will begin expiring in 2032. 

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Income Taxes: Schedule of Income Taxes (Details) (USD $)	Sep. 30, 2013
Details
Income tax expense (benefit)	$ (7,900)
Valuation allowance	$ 7,900

XML

Balance Sheets (Parenthetical) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Balance Sheet
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	10,000,000	10,000,000
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	90,000,000	90,000,000
Common stock, shares issued	8,500,000	8,500,000
Common stock, shares outstanding	8,500,000	8,500,000

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Nature of Operations and Significant Accounting Policies: Development Stage Company (Policies)

3 Months Ended

Sep. 30, 2013

Policies

Development Stage Company

Development Stage Company

The Company is a development stage company as defined by section FASB ASC 915, Development Stage Entities.  The Company is still devoting substantially all of its efforts on establishing the business and its planned principal operations have not commenced.  All losses accumulated since inception has been considered as part of the Company's development stage activities.

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Statements of Stockholders' Equity (Deficit) (USD $)	Common Stock	Additional Paid-in Capital	Accumulated (Deficit)	Total
Beginning Balance, amount at Jan. 26, 2012
Common shares issued to founders, shares	8,500,000
Common shares issued to founders, value	$ 8,500			$ 8,500
Forgiveness of debts of shareholders		2,753		2,753
Net loss for the period			(10,818)	(10,818)
Ending Balance, amount at Dec. 31, 2012	8,500	2,753	(10,818)	435
Ending Balance, shares at Dec. 31, 2012	8,500,000
Forgiveness of debts of shareholders		6,000		6,000
Net loss for the period			(10,011)	(10,011)
Ending Balance, amount at Sep. 30, 2013	$ 8,500	$ 8,753	$ (20,829)	$ (3,576)
Ending Balance, shares at Sep. 30, 2013	8,500,000

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Balance Sheets (USD $)	Sep. 30, 2013	Dec. 31, 2012
Current Assets
Cash and cash equivalents	$ 569	$ 435
Total Current Assets	569	435
Total Assets	569	435
Current Liabilities
Accounts payable	4,145
Total Current Liabilities	4,145
Total Liabilities	4,145
Stockholders' Deficit
Preferred stock value
Common stock value	8,500	8,500
Additional paid-in capital	8,753	2,753
Accumulated deficit during development stage	20,829	10,818
Total Stockholders' Deficit	(3,576)	435
Total Liabilities and Stockholders' Deficit	$ 569	$ 435

XML

Income Taxes (Details) (USD $)	Dec. 31, 2012
Details
Net operating loss carry forward	$ 10,000

XML

Nature of Operations and Significant Accounting Policies: Advertising (Policies)

3 Months Ended

Sep. 30, 2013

Policies

Advertising

Advertising

The costs of advertising are expensed as incurred.  Advertising expense was $0 for the periods ending September 30, 2013 and 2012.

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Subsequent Events

3 Months Ended

Sep. 30, 2013

Notes

Subsequent Events

7.  Subsequent events

Management has evaluated subsequent events through the date the financial statements were issued. Based on our evaluation no events have occurred requiring adjustment or disclosure.

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Related Party Transactions (Details)	6 Months Ended
	Sep. 30, 2013
Details
Description of Related Party Leasing Arrangements	American Boarding Company uses an administrative office located at 358 Frankfort Street, Daly City, California 94014. Mr. Noorkayhani, who is an officer and director of the Company, provides the office space free of charge and no lease exists.

XML

Nature of Operations and Significant Accounting Policies: Basis of Presentation (Policies)

3 Months Ended

Sep. 30, 2013

Policies

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”) of the United States. 

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Commitments and Contingencies

3 Months Ended

Sep. 30, 2013

Notes

Commitments and Contingencies

6.  Commitments and 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.

From time to time the Company may become a party to litigation matters involving claims against the Company.  Management believes that there are no current matters that would have a material effect on the Company’s financial position or results of operations.

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Nature of Operations and Significant Accounting Policies

3 Months Ended

Sep. 30, 2013

Notes

Nature of Operations and Significant Accounting Policies

1.  Nature of Operations and Significant Accounting Policies

Nature of Operations 

American Boarding Company (“the Company” or “ABC”) was incorporated in the State of Delaware on January 27, 2012.  American Boarding Company is a real estate based company with a principle business objective of acquisition, design, development, lease, and management services of student housing communities located within close proximity of colleges and universities in the United States. 

American Boarding Company’s administrative office is located at 358 Frankfort Street, Daly City, California 94014.

American Boarding Company’s fiscal year end is December 31.

Development Stage Company

The Company is a development stage company as defined by section FASB ASC 915, Development Stage Entities.  The Company is still devoting substantially all of its efforts on establishing the business and its planned principal operations have not commenced.  All losses accumulated since inception has been considered as part of the Company's development stage activities.

Unaudited Interim Financial Statements

The accompanying unaudited financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America for interim financial information and with the instructions to Form 10-Q and Regulation S-X.  Accordingly, the financial statements do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements.

In the opinion of management, all adjustments consisting of normal recurring entries necessary for a fair statement of the periods presented for: (a) the financial position; (b) the result of operations; and (c) cash flows, have been made in order to make the financial statements presented not misleading.

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”) of the United States. 

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

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.

ASC 820, Fair Value Measurements and Disclosures  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) an 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, 2012. The respective carrying value of certain on-balance-sheet financial instruments approximated their fair values due to the short-term nature of these instruments.

Cash and Cash Equivalents

Cash and cash equivalents includes all cash deposits and highly liquid financial instruments with a maturity of three months or less.

Long-lived assets and intangible property

The Company follows ASC 360, Property, Plant, and Equipment, for its fixed assets and ASC 350, Intangibles - Goodwill and Other.  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 expenses

ASC 718, Compensation - Stock Compensation, prescribes accounting and reporting standards for all share-based payment transactions in which employee services are acquired.  Transactions include incurring liabilities, or issuing or offering to issue shares, options, and other equity instruments such as employee stock ownership plans and stock appreciation rights.  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. 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 accounts for stock-based compensation issued to non-employees and consultants in accordance with the provisions of ASC 505-50, Equity - Based Payments to Non-Employees.  Measurement of share-based payment transactions with non-employees is based on the fair value of whichever is more reliably measurable:  (a) the goods or services received; or (b) the equity instruments issued.  The fair value of the share-based payment transaction is determined at the earlier of performance commitment date or performance completion date. 

Share-based expense was $0 for the periods ending September 30, 2013 and 2012.

Revenue recognition

The Company has no current source of revenue; therefore the Company has not yet adopted any policy regarding the recognition of revenue or cost.

Advertising

The costs of advertising are expensed as incurred.  Advertising expense was $0 for the periods ending September 30, 2013 and 2012.

Income taxes

The Company accounts for income taxes in accordance with the provisions of ASC 740, Income Taxes, Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date.

Earnings (loss) per share

The Company computes basic and diluted earnings per share amounts in accordance with ASC Topic 260, Earnings per Share. Basic earnings per share is computed by dividing net income (loss) available to common shareholders by the weighted average number of common shares outstanding during the reporting period. Diluted earnings per share reflects the potential dilution that could occur if stock options and other commitments to issue common stock were exercised or equity awards vest resulting in the issuance of common stock that could share in the earnings of the Company. 

The Company does not have any potentially dilutive instruments as of September 30, 2013 and, thus, anti-dilution issues are not applicable.

Recently Issued Accounting Pronouncements

Except for rules and interpretive releases of the SEC under authority of federal securities laws and a limited number of grandfathered standards, the FASB Accounting Standards Codification (“ASC”) is the sole source of authoritative GAAP literature recognized by the FASB and applicable to the Company. 

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.

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Nature of Operations and Significant Accounting Policies: Cash and Cash Equivalents (Policies)

3 Months Ended

Sep. 30, 2013

Policies

Cash and Cash Equivalents

Cash and Cash Equivalents

Cash and cash equivalents includes all cash deposits and highly liquid financial instruments with a maturity of three months or less.

XML

Nature of Operations and Significant Accounting Policies: Unaudited Interim Financial Statements (Policies)

3 Months Ended

Sep. 30, 2013

Policies

Unaudited Interim Financial Statements

Unaudited Interim Financial Statements

The accompanying unaudited financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America for interim financial information and with the instructions to Form 10-Q and Regulation S-X.  Accordingly, the financial statements do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements.

In the opinion of management, all adjustments consisting of normal recurring entries necessary for a fair statement of the periods presented for: (a) the financial position; (b) the result of operations; and (c) cash flows, have been made in order to make the financial statements presented not misleading.

XML

Nature of Operations and Significant Accounting Policies: Revenue Recognition (Policies)

3 Months Ended

Sep. 30, 2013

Policies

Revenue Recognition

Revenue recognition

The Company has no current source of revenue; therefore the Company has not yet adopted any policy regarding the recognition of revenue or cost.

XML

Nature of Operations and Significant Accounting Policies: Long-lived Assets and Intangible Property (Policies)

3 Months Ended

Sep. 30, 2013

Policies

Long-lived Assets and Intangible Property

Long-lived assets and intangible property

The Company follows ASC 360, Property, Plant, and Equipment, for its fixed assets and ASC 350, Intangibles - Goodwill and Other.  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.

XML

Document and Entity Information	3 Months Ended
	Sep. 30, 2013
Document and Entity Information
Entity Registrant Name	American Boarding Co
Document Type	10-Q
Document Period End Date	Sep. 30, 2013
Amendment Flag	false
Entity Central Index Key	0001547530
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding	8,500,000
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

XML

Nature of Operations and Significant Accounting Policies: Share-based Expenses (Policies)

3 Months Ended

Sep. 30, 2013

Policies

Share-based Expenses

Share-based expenses

ASC 718, Compensation - Stock Compensation, prescribes accounting and reporting standards for all share-based payment transactions in which employee services are acquired.  Transactions include incurring liabilities, or issuing or offering to issue shares, options, and other equity instruments such as employee stock ownership plans and stock appreciation rights.  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. 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 accounts for stock-based compensation issued to non-employees and consultants in accordance with the provisions of ASC 505-50, Equity - Based Payments to Non-Employees.  Measurement of share-based payment transactions with non-employees is based on the fair value of whichever is more reliably measurable:  (a) the goods or services received; or (b) the equity instruments issued.  The fair value of the share-based payment transaction is determined at the earlier of performance commitment date or performance completion date. 

Share-based expense was $0 for the periods ending September 30, 2013 and 2012.