0001493152-15-005362.txt : 20151112 0001493152-15-005362.hdr.sgml : 20151112 20151112164654 ACCESSION NUMBER: 0001493152-15-005362 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 11 CONFORMED PERIOD OF REPORT: 20150930 FILED AS OF DATE: 20151112 DATE AS OF CHANGE: 20151112 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Image International Group, Inc. CENTRAL INDEX KEY: 0001578523 STANDARD INDUSTRIAL CLASSIFICATION: GOLD & SILVER ORES [1040] IRS NUMBER: 203204968 STATE OF INCORPORATION: NV FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 333-189359 FILM NUMBER: 151225483 BUSINESS ADDRESS: STREET 1: 250 H STREET #123 CITY: BLAINE STATE: NY ZIP: 98230 BUSINESS PHONE: 518-638-8192 MAIL ADDRESS: STREET 1: 250 H STREET #123 CITY: BLAINE STATE: NY ZIP: 98230 FORMER COMPANY: FORMER CONFORMED NAME: Owlhead Minerals Corp. DATE OF NAME CHANGE: 20130604 10-Q 1 form10-q.htm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

[X]

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended September 30, 2015

[ ]

TRANSITION REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934

Commission File Number: 333-189359

IMAGE INTERNATIONAL GROUP, INC.
(Exact name of registrant as specified in its charter)

Nevada	20-3204968
(State or other jurisdiction of incorporation or organization)	(IRS Employer Identification No.)

8105 Birch Bay Square St. Suite 205, Blaine, WA (Address of principal executive offices)	98230 (Zip Code)

(518) 638-8192
(Registrant’s telephone number, including area code)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the 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-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).

Yes [ ] 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 filed,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer [ ]	Accelerated filer [ ]
Non-accelerated filer [ ] (Do not check if a smaller reporting company)	Smaller reporting company [X]

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act. Yes [ ] No [X]

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date: As of November 10, 2015, the Company had 14,059,000 shares of common stock outstanding.

IMAGE INTERNATIONAL GROUP, INC.

Quarterly Report on Form 10-Q

For the Period Ended September 30, 2015

FORWARD-LOOKING STATEMENTS

This Form 10-Q for the quarterly period ended June 30, 2015 contains forward-looking statements that involve risks and uncertainties. Forward-looking statements in this document include, among others, statements regarding our capital needs, business plans and expectations. Such forward-looking statements involve assumptions, risks and uncertainties regarding, among others, the success of our business plan, availability of funds, government regulations, operating costs, our ability to achieve significant revenues, our business model and products and other factors. Any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict”, “potential” or “continue”, the negative of such terms or other comparable terminology. In evaluating these statements, you should consider various factors, including the assumptions, risks and uncertainties set forth in reports and other documents we have filed with or furnished to the SEC. These factors or any of them may cause our actual results to differ materially from any forward-looking statement made in this document. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding future events, our actual results will likely vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein. The forward-looking statements in this document are made as of the date of this document and we do not intend or undertake to update any of the forward-looking statements to conform these statements to actual results, except as required by applicable law, including the securities laws of the United States.

PART I - FINANCIAL INFORMATION

Item 1. Financial Statements

The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with the instructions to Form 10-Q and Rule 8-03 of Regulation S-X, and, therefore, do not include all information and footnotes necessary for a complete presentation of financial position, results of operations, and cash flows in conformity with U.S. generally accepted accounting principles. In the opinion of management, all adjustments considered necessary for a fair presentation of the results of operations and financial position have been included and all such adjustments are of a normal recurring nature. Operating results for the three month period ended September 30, 2015 are not necessarily indicative of the results that can be expected for the year ending March 31, 2016.

IMAGE INTERNATIONAL GROUP, INC.

Condensed Consolidated Financial Statements

September 30, 2015

(Expressed in U.S. dollars)

(unaudited)

	Page

Condensed Consolidated Balance Sheets	5
Condensed Consolidated Statements of Operations	6
Condensed Consolidated Statements of Cash Flows	7
Notes to the Condensed Consolidated Financial Statements	8

IMAGE INTERNATIONAL GROUP, INC.

Condensed Consolidated Balance Sheets

(Expressed in U.S. dollars)

	September 30, 2015 $			March 31, 2015 $
	(unaudited)
ASSETS

Current Assets

Cash		21,645			1,921
Prepaid expenses		–			1,000
Total Current Assets		21,645			2,921
Mineral property acquisition costs (Note 3)		29,919			29,919
Total Assets		51,564			32,840

LIABILITIES AND STOCKHOLDERS’ DEFICIT

Current Liabilities

Accounts payable and accrued liabilities		3,513			9,723
Loan payable (Note 4)		92,677			5,000
Due to related parties (Note 5)		222,000			177,000
Total Liabilities		318,190			191,723

Going Concern (Note 1)
Commitments (Note 6)

Stockholder’s Deficit

Common stock, 1,000,000,000 shares authorized, $0.001 par value 14,059,000 shares issued and outstanding		14,059			14,059
Additional paid-in capital		784,941			784,941
Deficit		(1,065,626	)		(957,883	)
Total Stockholder’s Deficit		(266,626	)		(158,883	)
Total Liabilities and Stockholder’s Deficit		51,564			32,840

(The accompanying notes are an integral part of these condensed consolidated financial statements)

IMAGE INTERNATIONAL GROUP, INC.

Condensed Consolidated Statements of Operations

(Expressed in U.S. dollars)

(unaudited)

	Three Months Ended September 30, 2015 $			Three Months Ended September 30, 2014 $			Six Months Ended September 30, 2015 $			Six Months Ended September 30, 2014 $

Expenses

Consulting fees (Note 5)		–			46,630			18,500			92,853
Foreign exchange loss (gain)		200			(227	)		1,272			(65	)
General and administrative		3,468			1,730			4,746			1,762
Management fees (Note 5)		22,500			22,500			45,000			45,000
Professional fees		2,820			1,575			6,750			7,575
Transfer agent and filing fees		3,296			1,265			31,475			1,555
Total Expenses		32,284			73,473			107,743			148,680
Net Loss and Comprehensive Loss		(32,284	)		(73,473	)		(107,743	)		(148,680	)
Net Loss Per Share, Basic and Diluted		–			(0.01	)		(0.01	)		(0.01	)
Weighted Average Shares Outstanding		14,059,000			14,059,000			14,059,000			14,059,000

(The accompanying notes are an integral part of these condensed consolidated financial statements)

IMAGE INTERNATIONAL GROUP, INC.

Condensed Consolidated Statements of Cash Flows

(Expressed in U.S. dollars)

(unaudited)

	Six Months Ended September 30, 2015 $			Six Months Ended September 30, 2014 $

Operating Activities

Net loss		(107,743	)		(148,680	)

Adjustments to reconcile net loss to net cash used in operating activities:
Common stock issued for services		–			92,753

Changes in operating assets and liabilities:
Amounts receivable		–			4
Prepaid expenses		1,000			–
Accounts payable and accrued liabilities		(6,210	)		5,630
Due to related parties		45,000			45,000
Net Cash Used In Operating Activities		(67,953	)		(5,293	)
Financing Activities
Proceeds from loan payable		87,677			–
Net Cash Provided by Financing Activities		87,677			–
Increase (Decrease) in Cash		19,724			(5,293	)
Cash, Beginning of Period		1,921			16,376
Cash, End of Period		21,645			11,083
Supplemental Disclosures:
Interest paid		–			–
Income taxes paid		–			–

(The accompanying notes are an integral part of these condensed consolidated financial statements)

IMAGE INTERNATIONAL GROUP, INC.

Notes to the Condensed Consolidated Financial Statements

September 30, 2015

(Expressed in U.S. dollars)

(unaudited)

Basis of Presentation

The accompanying interim consolidated financial statements of Image International Group, Inc. (the “Company”) should be read in conjunction with the consolidated financial statements and accompanying notes filed with the U.S. Securities and Exchange Commission in the Company’s Annual Report on Form 10-K for the fiscal year ended March 31, 2015. In the opinion of management, the accompanying interim consolidated financial statements reflect all adjustments of a recurring nature considered necessary to present fairly the Company’s financial position and the results of its operations and its cash flows for the periods shown.

The preparation of these interim consolidated financial statements in accordance with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the amounts reported. Actual results could differ materially from those estimates. The results of operations and cash flows for the periods shown are not necessarily indicative of the results to be expected for the full year.

These interim consolidated financial statements have been prepared on a going concern basis, which implies the Company will continue to realize its assets and discharge its liabilities in the normal course of business. The Company has not generated revenues since inception and is unlikely to generate earnings in the immediate or foreseeable future. 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. As at September 30, 2015, the Company has a working capital deficiency of $296,545 and has accumulated losses of $1,065,626 since inception. These factors raise substantial doubt regarding the Company’s ability to continue as a going concern. These interim consolidated 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.

2.	Significant Accounting Policies

(a)

Principles of Consolidation

These interim consolidated financial statements and related notes are presented in accordance with accounting principles generally accepted in the United States and are expressed in U.S. dollars. The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary, Owlhead Minerals (BC) Corp. All inter-company accounts and transactions have been eliminated on consolidation.

(b)

Reclassifications

Certain of the prior period amounts have been reclassified to conform to the current period’s presentation.

(c)

Recent Accounting Pronouncements

The Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the consolidated financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

IMAGE INTERNATIONAL GROUP, INC.

Notes to the Condensed Consolidated Financial Statements

September 30, 2015

(Expressed in U.S. dollars)

(unaudited)

Mineral Properties

On December 18, 2012, the Company entered into an agreement to acquire a 100% interest in 16 mineral claims located in British Columbia, Canada. To earn this interest, the Company must make a payment of Cdn$10,000 (paid) and issue a total of 1,500,000 shares of common stock as follows:

●

150,000 shares of common stock upon the completion of a satisfactory initial geological report on the claims by a qualified and independent geologist (issued with a fair value of $15,000);

●

150,000 shares of common stock on upon completion of an initial work program of up to Cdn$50,000 and the completion of a satisfactory 43-101 report on the claims;

●

200,000 shares of common stock upon completion of a work program costing up to Cdn$200,000 showing satisfactory results; and

●

1,000,000 shares of common stock upon the successful results of a ten-hole drilling program.

The optionor retains a 2.5% net smelter royalty of which it can be purchased for $1,000,000 by the Company.

On November 20, 2013, the Company staked additional mineral claims adjacent to the area for $3,545.

IMAGE INTERNATIONAL GROUP, INC.

Notes to the Condensed Consolidated Financial Statements

September 30, 2015

(Expressed in U.S. dollars)

(unaudited)

4	Loan Payable

As at September 30, 2015, the Company owed $92,677 (March 31, 2015 - $5,000) to non-related parties, which is non-interest bearing, unsecured, and due on demand.

5.	Related Party Transactions

	(a)	As at September 30, 2015, the Company owes $120,000 (March 31, 2015 - $96,000) to a company controlled by the President of the Company for management fees. The amount due is non-interest bearing, unsecured, and due on demand.

	(b)	As at September 30, 2015, the Company owes $102,000 (March 31, 2015 - $81,000) to a company controlled by the Chief Financial Officer of the Company for management fees. The amount due is non-interest bearing, unsecured, and due on demand.

	(c)	During the six months ended September 30, 2015, the Company incurred management fees of $24,000 (2014 - $24,000) to a company controlled by the President of the Company.

	(d)	During the six months ended September 30, 2015, the Company incurred management fees of $21,000 (2014 - $21,000) to a company controlled by the Chief Financial Officer of the Company.

(e)

During the six months ended September 30, 2015, the Company incurred consulting fees of $nil (2014 - $75,205) to a director of the Company. The amount represented the remaining fair value of shares of common stock issued on January 1, 2013 being recognized over the term of the agreement.

6.	Commitments

	(a)	On January 1, 2010, the Company entered into a management agreement with a Company controlled by the President of the Company and agreed to pay $2,500 per month. On January 1, 2012, the Company increased the rate to $3,500 per month. On January 1, 2013, the Company increased the rate to $4,000 per month for a period of five years.

(b)

On January 1, 2010, the Company entered into a management agreement with the Chief Financial Officer of the Company and agreed to pay $2,000 per month. On January 1, 2012, the Company increased the rate to $3,000 per month. On January 1, 2013, the Company increased the rate to $3,500 per month for a period of five years.

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operation.

Results of Operations for the six month period ended September 30, 2015

During the six month period ended September 30, 2015, the Company incurred a net loss of $107,492 (2014 - $148,680).

Consulting fees for the three month period ended September 30, 2015 were $18,500 (2014 - $92,853)

Transfer agent and filing fees in the six month period ended September 30, 2015 were $31,475 (2014 - $nil). Expenses during the six month period ended September 30, 2015, included:

a trading symbol for the OTC stock exchange (received);

applying for a listing on the OTCQB stock exchange (received);

application for the Company’s stock settlement thru the Depository Trust Company (DTC). The Company received DTC eligibility in July 2015.

Management fees in the six month period ended September 30, 2015 were $45,000 (2014 - $45,000).

Professional fees for the six month period ended September 30, 2015 were $6,750 (2014 - $7,575) relating to audit fees.

Following extensive research and discussion with an experienced gemstone and jewellery consultant, the Company decided to expand its business focus to include the acquisition of gemstone and other precious mineral resources and retail jewellery and gemstone outlets. In order to appropriately reflect the Company’s expanded and more comprehensive and inclusive business plan, the Company changed its name to Image International Group, Inc. on December 23, 2014.

We have not attained profitable operations and are dependent upon obtaining financing to pursue exploration activities. For these reasons our auditors believe that there is substantial doubt that we will be able to continue as a going concern.

Capital Resources and Liquidity

The Company has limited financial resources as at September 30, 2015 with funds on hand of $21,645 (March 31, 2015 - $1,921). As at September 30, 2015 the Company had a working capital deficit of $296,545 compared to $188,802 as at March 31, 2015.

Amounts due to related parties were $222,000 as at September 30, 2015 (March 31, 2015 - $177,000).

Loan payable at September 30, 2015 was $92,677 (March 31, 2015 - $5,000). The loan is-interest bearing, unsecured and due on demand. The Company has initiated discussions with the lender with regards to settlement of the debt.

The Company has no employees other than officers and uses consultants as and when necessary.

The Company’s ability to continue as a going concern is dependent on its available cash and its ability to raise additional funds in the near future to support corporate operations and the exploration of our mineral property.

Limited Operating History; Need for Additional Capital

There is limited historical financial information about us upon which to base an evaluation of our performance. We have no revenue generating assets. We cannot guarantee we will be successful in our business operations. Our business is subject to risks inherent in the establishment of a new business enterprise, including limited capital resources and possible cost overruns due to price and cost increases in services.

The Company is aware that additional financing will be required in order to continue its pursuit of a mineral property opportunity or comparable opportunity in a related field. There is no assurance that additional funding will be successfully completed.

We will require additional financing to cover our costs that we expect to incur over the next twelve months. We believe that debt financing will not be an alternative for funding our operations, as we do not have tangible assets to secure any debt financing. We anticipate that additional funding will be in the form of equity financing from the sale of our common stock. However, we cannot provide any assurance that we will be able to raise sufficient funding from the sale of our common stock to fund our plan of operations. In the absence of such financing, we will not be able to continue and our business plan will fail.

Cash used in Operating Activities

During the six month period ended September 30, 2015, the Company used $67,953 (2014 - $5,293) to fund operations which mainly relate to the Company listing on the OTXQB exchange and receiving DTC approval in order to have the Company stock settle electronically. Management fees have not been paid in order to maintain funds.

Cash from Financing Activities

We have funded our business to date primarily from sales of our common stock but did not sell any common stock during the six month period ended September 30, 2015. During the six month period ended September 30, 2015, the Company received loan proceeds of $87,677 (2014 - $nil).

There are no assurances that we will be able to achieve further sales of our common stock or any other form of additional financing. If we are unable to achieve the financing necessary to continue our plan of operations, then we will not be able to continue our operations and our business will fail.

Future Financing

We anticipate continuing to rely on equity sales of our common stock in order to continue to fund our business operations. Issuances of additional shares will result in dilution to our existing shareholders. There is no assurance that we will achieve any additional sales of our equity securities or arrange for debt or other financing to fund our planned operations.

Off-Balance Sheet Arrangements

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

Item 3. Quantitative and Qualitative Disclosures About Market Risk.

Not applicable.

Item 4. Controls and Procedures.

We carried out an evaluation of the effectiveness of our disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) as of September 30, 2015 (the “Evaluation Date”). This evaluation was carried out under the supervision and with the participation of our Chief Executive Officer and Chief Financial Officer. Based upon that evaluation, our Chief Executive Officer and Chief Financial Officer concluded that our disclosure controls and procedures were not effective as of the Evaluation Date as a result of the material weaknesses in internal control over financial reporting discussed below.

Disclosure controls and procedures are those controls and procedures that are designed to ensure that information required to be disclosed in our reports filed or submitted under the Exchange Act are recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed in our reports filed under the Exchange Act is accumulated and communicated to management, including our Chief Executive Officer and Chief Financial Officer, to allow timely decisions regarding required disclosure.

Notwithstanding the assessment that our internal control over financial reporting was not effective and that there were material weaknesses as identified in this report, we believe that our consolidated financial statements contained in our Quarterly Report on Form 10-Q for the quarter ended September 30, 2015 fairly present our financial condition, results of operations and cash flows in all material respects.

Our management is responsible for establishing and maintaining adequate internal control over financial reporting, as such term is defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act, for the Company.

Internal control over financial reporting includes those policies and procedures that: (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of our assets; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that our receipts and expenditures are being made only in accordance with authorizations of its management and directors; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of our assets that could have a material effect on the financial statements.

Management recognizes that there are inherent limitations in the effectiveness of any system of internal control, and accordingly, even effective internal control can provide only reasonable assurance with respect to financial statement preparation and may not prevent or detect material misstatements. In addition, effective internal control at a point in time may become ineffective in future periods because of changes in conditions or due to deterioration in the degree of compliance with our established policies and procedures.

A material weakness is a significant deficiency, or combination of significant deficiencies, that results in there being a more than remote likelihood that a material misstatement of the annual or interim financial statements will not be prevented or detected.

Under the supervision and with the participation of our Chief Executive Officer and Chief Financial Officer, management conducted an evaluation of the effectiveness of our internal control over financial reporting, as of the Evaluation Date, based on the framework set forth in Internal Control-Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). Based on its evaluation under this framework, management concluded that our internal control over financial reporting was not effective as of the Evaluation Date.

Management assessed the effectiveness of the Company’s internal control over financial reporting as of Evaluation Date and identified the following material weaknesses:

	1.	Inadequate Segregation of Duties: We have an inadequate number of personnel to properly implement control procedures.

	2.	Insufficient Written Policies & Procedures: We have insufficient written policies and procedures for accounting and financial reporting.

	3.	Inadequate Financial Statement Closing Process: We have an inadequate financial statement closing process.

Lack of Audit Committee: The lack of a functioning audit committee and lack of a majority of outside directors on the Company’s Board of Directors, resulting in ineffective oversight in the establishment and monitoring of required internal controls and procedures.

Management is committed to improving its internal controls and will (1) continue to use third party specialists to address shortfalls in staffing and to assist the Company with accounting and finance responsibilities, (2) increase the frequency of independent reconciliations of significant accounts which will mitigate the lack of segregation of duties until there are sufficient personnel and (3) prepare and implement sufficient written policies and checklists for financial reporting and closing processes and (4) may consider appointing outside directors and audit committee members in the future.

Management, including our Chief Executive Officer and the Chief Financial Officer, has discussed the material weakness noted above with our independent registered public accounting firm. Due to the nature of this material weakness, there is a more than remote likelihood that misstatements which could be material to the annual or interim financial statements could occur that would not be prevented or detected.

Our management, including our Chief Executive Officer and the Chief Financial Officer, do not expect that the our controls and procedures will prevent all potential errors or fraud. A control system, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of the control system are met.

Changes in internal control over financial reporting

There were no changes in our internal control over financial reporting that occurred during the quarter ended September 30, 2015 that have materially affected, or that are reasonably likely to materially affect, our internal control over financial reporting.

PART II - OTHER INFORMATION

Item 1. Legal Proceedings.

We are not presently a party to any legal proceedings and, to our knowledge, no such proceedings are threatened or pending.

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

No stock was sold during the six month period ended September 30, 2015.

Item 3. Defaults Upon Senior Securities.

None.

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

No matters were submitted to our security holders for a vote during the six month period ended September 30, 2015.

Item 5. Other Information.

None.

Item 6. Exhibits.

The following exhibits are attached hereto:

Exhibit No.		Description of Exhibit

31.1		Certification of Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

31.2		Certification of Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

32.1		Certification of Principal Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

32.2		Certification of Principal Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

SIGNATURES

In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

IMAGE INTERNATIONAL GROUP, INC

By:

/s/ Geoff Armstrong
Geoff Armstrong
Chief Executive Officer
(Principal Executive Officer
November 12, 2015

EX-31.1 2 ex31-1.htm

Exhibit 31.1

CERTIFICATION PURSUANT TO SECTION 302

OF THE SARBANES-OXLEY ACT OF 2002

I, Geoff Armstrong, Chief Executive Officer, certify that:

	(1)	I have reviewed this report on Form 10-Q for the quarterly period ended September 30, 2015 of Image International Group, Inc.

	(2)	Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

	(3)	Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

	(4)	The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) 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 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 and I have disclosed, based on our most recent evaluation of the internal control over financial reporting, to the registrant’s auditors and the audit committee of 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: November 12, 2015

/s/ Geoff Armstrong

Geoff Armstrong

Chief Executive Officer

(Principal Executive Officer)

EX-31.2 3 ex31-2.htm

Exhibit 31.2

CERTIFICATION PURSUANT TO SECTION 302

OF THE SARBANES-OXLEY ACT OF 2002

I, Edward Low, Chief Financial Officer, certify that:

	(1)	I have reviewed this report on Form 10-Q for the quarterly period ended September 30, 2015 of Image International Group, Inc.

	(2)	Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

	(3)	Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

	(4)	The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) 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 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 and I have disclosed, based on our most recent evaluation of the internal control over financial reporting, to the registrant’s auditors and the audit committee of 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: November 12, 2015

/s/ Edward Low
Edward Low
Chief Financial Officer
(Principal Financial Officer)

EX-32.1 4 ex32-1.htm

Exhibit 32.1

CERTIFICATION PURSUANT TO
18 U.S.C. SECTION 1350,
AS ADOPTED PURSUANT TO
SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

The undersigned, Geoff Armstrong, the Chief Executive Officer of Image International Group, Inc., hereby certifies, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to my knowledge, the report on Form 10-Q of Image International Group, Inc., for the quarterly period ended September 30, 2015, fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, and that the information contained in the report on Form 10-Q fairly presents in all material respects the financial condition and results of operations of Image International Group, Inc.

Date: November 12, 2015

/s/ Geoff Armstrong
Geoff Armstrong
Chief Executive Officer
(Principal Executive Officer and
Principal Accounting Officer)

EX-32.2 5 ex32-2.htm

Exhibit 32.2

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

The undersigned, Edward Low, the Chief Financial Officer of Image International Group, Inc., hereby certifies, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to my knowledge, the report on Form 10-Q of Image International Group, Inc., for the quarterly period ended September 30, 2015, fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, and that the information contained in the report on Form 10-Q fairly presents in all material respects the financial condition and results of operations of Image International Group, Inc.

Date: November 12, 2015

/s/ Edward Low
Edward Low
Chief Financial Officer
(Principal Financial Officer)

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<p style="margin: 0pt"></p> <table cellspacing="0" cellpadding="0" style="width: 100%"> <tr style="vertical-align: top"> <td style="width: 24px; font: 10pt/115% Calibri, Helvetica, Sans-Serif"><font style="font: 10pt Times New Roman, Times, Serif">2.</font></td> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Significant Accounting Policies</font></td></tr> </table> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"> </p> <table cellspacing="0" cellpadding="0" style="width: 100%"> <tr style="vertical-align: top"> <td style="width: 24px"> </td> <td style="width: 24px; font: 10pt/115% Calibri, Helvetica, Sans-Serif"><font style="font: 10pt Times New Roman, Times, Serif">(a)</font></td> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Principles of Consolidation</font></td></tr> </table> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"> </p> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">These interim consolidated financial statements and related notes are presented in accordance with accounting principles generally accepted in the United States and are expressed in U.S. dollars. The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary, Owlhead Minerals (BC) Corp. All inter-company accounts and transactions have been eliminated on consolidation.</p> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"> </p> <table cellspacing="0" cellpadding="0" style="width: 100%"> <tr style="vertical-align: top"> <td style="width: 24px"> </td> <td style="width: 24px; font: 10pt/115% Calibri, Helvetica, Sans-Serif"><font style="font: 10pt Times New Roman, Times, Serif">(b)</font></td> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Reclassifications</font></td></tr> </table> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 35pt; text-align: justify; text-indent: 0.5in"> </p> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 35pt; text-align: justify">Certain of the prior period amounts have been reclassified to conform to the current periods presentation.</p> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 35pt; text-align: justify; text-indent: 0.5in"> </p> <table cellspacing="0" cellpadding="0" style="width: 100%"> <tr style="vertical-align: top"> <td style="width: 24px"> </td> <td style="width: 24px; font: 10pt/115% Calibri, Helvetica, Sans-Serif"><font style="font: 10pt Times New Roman, Times, Serif">(c)</font></td> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Recent Accounting Pronouncements </font></td></tr> </table> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"> </p> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">The Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the consolidated financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.</p>

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<p style="margin: 0pt"></p> <table cellspacing="0" cellpadding="0" style="width: 100%"> <tr style="vertical-align: top"> <td style="width: 24px; font: 10pt/115% Calibri, Helvetica, Sans-Serif"><font style="font: 10pt Times New Roman, Times, Serif">5.</font></td> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Related Party Transactions</font></td></tr> </table> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"> </p> <table cellspacing="0" cellpadding="0" style="width: 100%"> <tr style="vertical-align: top"> <td style="width: 24px"> </td> <td style="width: 24px; font: 10pt/115% Calibri, Helvetica, Sans-Serif"><font style="font: 10pt Times New Roman, Times, Serif">(a)</font></td> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">As at September 30, 2015, the Company owes $120,000 (March 31, 2015 - $96,000) to a company controlled by the President of the Company for management fees. The amount due is non-interest bearing, unsecured, and due on demand.</font></td></tr> <tr style="vertical-align: top"> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif"> </td> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif"> </td> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; text-align: justify"> </td></tr> </table> <p style="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"> </p> <table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 24px"> </td> <td style="width: 24px; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif">(b)</font></td> <td style="text-align: justify; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif">As at September 30, 2015, the Company owes $102,000 (March 31, 2015 - $81,000) to a company controlled by the Chief Financial Officer of the Company for management fees. The amount due is non-interest bearing, unsecured, and due on demand.</font></td></tr> <tr style="vertical-align: top"> <td style="line-height: 115%"> </td> <td style="line-height: 115%"> </td> <td style="text-align: justify; line-height: 115%"> </td></tr> </table> <p style="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"> </p> <table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 24px"> </td> <td style="width: 24px; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif">(c)</font></td> <td style="text-align: justify; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif">During the six months ended September 30, 2015, the Company incurred management fees of $24,000 (2014 - $24,000) to a company controlled by the President of the Company.</font></td></tr> <tr style="vertical-align: top"> <td style="line-height: 115%"> </td> <td style="line-height: 115%"> </td> <td style="text-align: justify; line-height: 115%"> </td></tr> </table> <p style="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"> </p> <table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 24px"> </td> <td style="width: 24px; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif">(d)</font></td> <td style="text-align: justify; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif">During the six months ended September 30, 2015, the Company incurred management fees of $21,000 (2014 - $21,000) to a company controlled by the Chief Financial Officer of the Company.</font></td></tr> <tr style="vertical-align: top"> <td style="line-height: 115%"> </td> <td style="line-height: 115%"> </td> <td style="text-align: justify; line-height: 115%"> </td></tr> </table> <p style="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"> </p> <table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 24px"> </td> <td style="width: 24px; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif">(e)</font></td> <td style="text-align: justify; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif">During the six months ended September 30, 2015, the Company incurred consulting fees of $nil (2014 - $75,205) to a director of the Company. The amount represented the remaining fair value of shares of common stock issued on January 1, 2013 being recognized over the term of the agreement.</font></td></tr> </table> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></p>

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Image International Group, Inc. 10-Q 2015-09-30 false --03-31 Smaller Reporting Company Q2

<p style="margin: 0pt"></p> <table cellspacing="0" cellpadding="0" style="width: 100%"> <tr style="vertical-align: top"> <td style="width: 24px"> </td> <td style="width: 24px; font: 10pt/115% Calibri, Helvetica, Sans-Serif"><font style="font: 10pt Times New Roman, Times, Serif">(c)</font></td> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Recent Accounting Pronouncements </font></td></tr> </table> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"> </p> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">The Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the consolidated financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.</p>

<p style="margin: 0pt"></p> <table cellspacing="0" cellpadding="0" style="width: 100%"> <tr style="vertical-align: top"> <td style="width: 24px; font: 10pt/115% Calibri, Helvetica, Sans-Serif"><font style="font: 10pt Times New Roman, Times, Serif">3.</font></td> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Mineral Properties</font></td></tr> </table> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: 0.5in"> </p> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify">On December 18, 2012, the Company entered into an agreement to acquire a 100% interest in 16 mineral claims located in British Columbia, Canada. To earn this interest, the Company must make a payment of Cdn$10,000 (paid) and issue a total of 1,500,000 shares of common stock as follows:</p> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: 0.5in"> </p> <table cellspacing="0" cellpadding="0" style="width: 100%"> <tr style="vertical-align: top"> <td style="width: 53px"> </td> <td style="width: 24px; font: 10pt/115% Calibri, Helvetica, Sans-Serif"><font style="font: 10pt Times New Roman, Times, Serif">●</font></td> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">150,000 shares of common stock upon the completion of a satisfactory initial geological report on the claims by a qualified and independent geologist (issued with a fair value of $15,000);</font></td></tr> </table> <p style="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"> </p> <table cellspacing="0" cellpadding="0" style="width: 100%"> <tr style="vertical-align: top"> <td style="width: 53px"> </td> <td style="width: 24px; font: 10pt/115% Calibri, Helvetica, Sans-Serif"><font style="font: 10pt Times New Roman, Times, Serif">●</font></td> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">150,000 shares of common stock on upon completion of an initial work program of up to Cdn$50,000 and the completion of a satisfactory 43-101 report on the claims; </font></td></tr> </table> <p style="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"> </p> <table cellspacing="0" cellpadding="0" style="width: 100%"> <tr style="vertical-align: top"> <td style="width: 53px"> </td> <td style="width: 24px; font: 10pt/115% Calibri, Helvetica, Sans-Serif"><font style="font: 10pt Times New Roman, Times, Serif">●</font></td> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">200,000 shares of common stock upon completion of a work program costing up to Cdn$200,000 showing satisfactory results; and</font></td></tr> </table> <p style="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"> </p> <table cellspacing="0" cellpadding="0" style="width: 100%"> <tr style="vertical-align: top"> <td style="width: 53px"> </td> <td style="width: 24px; font: 10pt/115% Calibri, Helvetica, Sans-Serif"><font style="font: 10pt Times New Roman, Times, Serif">●</font></td> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">1,000,000 shares of common stock upon the successful results of a ten-hole drilling program. </font></td></tr> </table> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: 0.5in"> </p> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify">The optionor retains a 2.5% net smelter royalty of which it can be purchased for $1,000,000 by the Company.</p> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"> </p> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify">On November 20, 2013, the Company staked additional mineral claims adjacent to the area for $3,545.</p>

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Smelter royalty purchased by company value Staked additional mineral claims Loan payable Company owes amount Management fees Consulting fees Commitment amount per month Management agreement period Canada, Dollars Company Controlled By President [Member] Completion Of Work Program [Member] Initial Work Program [Member] Mining Consultant [Member]. Option retains a smelter royalty, percentage. Satisfactory Initial Geological Report [Member] Service agreement period. Ten Hole Drilling Program [Member]. Working capital deficiency. Accumulated Deficit During Exploration Stage [Member] November One Two Thousand Twelve [Member]. Consulting fees. Accommodation And Meals [Member] Assays [Member] Equipment Rental [Member] Geological Consulting [Member] Reports And Maps [Member] Travel [Member] Consultant [Member] Going Concern. Smelter royalty purchased by company value. 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Loan Payable

6 Months Ended

Sep. 30, 2015

Debt Disclosure [Abstract]

Loan Payable

4	Loan Payable

As at September 30, 2015, the Company owed $92,677 (March 31, 2015 - $5,000) to non-related parties, which is non-interest bearing, unsecured, and due on demand.

XML 15 R8.htm IDEA: XBRL DOCUMENT

Mineral Properties

6 Months Ended

Sep. 30, 2015

Extractive Industries [Abstract]

Mineral Properties

3.	Mineral Properties

●

150,000 shares of common stock upon the completion of a satisfactory initial geological report on the claims by a qualified and independent geologist (issued with a fair value of $15,000);

●

150,000 shares of common stock on upon completion of an initial work program of up to Cdn$50,000 and the completion of a satisfactory 43-101 report on the claims;

●

200,000 shares of common stock upon completion of a work program costing up to Cdn$200,000 showing satisfactory results; and

●

1,000,000 shares of common stock upon the successful results of a ten-hole drilling program.

The optionor retains a 2.5% net smelter royalty of which it can be purchased for $1,000,000 by the Company.

On November 20, 2013, the Company staked additional mineral claims adjacent to the area for $3,545.

XML 16 R2.htm IDEA: XBRL DOCUMENT

Condensed Consolidated Balance Sheets - USD ($)	Sep. 30, 2015	Mar. 31, 2015
Current Assets
Cash	$ 21,645	$ 1,921
Prepaid expenses		1,000
Total Current Assets	$ 21,645	2,921
Mineral property acquisition costs (Note 3)	29,919	29,919
Total Assets	51,564	32,840
Current Liabilities
Accounts payable and accrued liabilities	3,513	9,723
Loan payable (Note 4)	92,677	5,000
Due to related parties (Note 5)	222,000	177,000
Total Liabilities	$ 318,190	$ 191,723
Going Concern (Note 1)
Commitments (Note 6)
Stockholder's Deficit
Common stock, 1,000,000,000 shares authorized, $0.001 par value 14,059,000 shares issued and outstanding	$ 14,059	$ 14,059
Additional paid-in capital	784,941	784,941
Deficit	(1,065,626)	(957,883)
Total Stockholder's Deficit	(266,626)	(158,883)
Total Liabilities and Stockholder's Deficit	$ 51,564	$ 32,840

XML 17 R6.htm IDEA: XBRL DOCUMENT

Basis of Presentation

6 Months Ended

Sep. 30, 2015

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Basis of Presentation

1.	Basis of Presentation

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Significant Accounting Policies

6 Months Ended

Sep. 30, 2015

Accounting Policies [Abstract]

Significant Accounting Policies

2.	Significant Accounting Policies

(a)

Principles of Consolidation

(b)

Reclassifications

Certain of the prior period amounts have been reclassified to conform to the current period’s presentation.

(c)

Recent Accounting Pronouncements

XML 20 R3.htm IDEA: XBRL DOCUMENT

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Sep. 30, 2015	Mar. 31, 2015
Statement of Financial Position [Abstract]
Common stock, shares authorized	1,000,000,000	1,000,000,000
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares issued	14,059,000	14,059,000
Common stock, shares outstanding	14,059,000	14,059,000

XML 21 R17.htm IDEA: XBRL DOCUMENT

Commitments (Details Narrative) - USD ($)	Jan. 01, 2013	Jan. 01, 2012	Jan. 01, 2010
Chief Financial Officer [Member]
Commitment amount per month	$ 3,500	$ 3,000	$ 2,000
Management agreement period	5 years
President [Member]
Commitment amount per month	$ 4,000	$ 3,500	$ 2,500
Management agreement period	5 years

XML 22 R1.htm IDEA: XBRL DOCUMENT

Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Sep. 30, 2015	Nov. 10, 2015
Document And Entity Information
Entity Registrant Name	Image International Group, Inc.
Entity Central Index Key	0001578523
Document Type	10-Q
Document Period End Date	Sep. 30, 2015
Amendment Flag	false
Current Fiscal Year End Date	--03-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		14,059,000
Trading Symbol	IMGL
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2016

XML 23 R4.htm IDEA: XBRL DOCUMENT

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Expenses
Consulting fees (Note 5)		$ 46,630	$ 18,500	$ 92,853
Foreign exchange loss (gain)	$ 200	(227)	1,272	(65)
General and administrative	3,468	1,730	4,746	1,762
Management fees (Note 5)	22,500	22,500	45,000	45,000
Professional fees	2,820	1,575	6,750	7,575
Transfer agent and filing fees	3,296	1,265	31,475	1,555
Total Expenses	32,284	73,473	107,743	148,680
Net Loss and Comprehensive Loss	$ (32,284)	$ (73,473)	$ (107,743)	$ (148,680)
Net Loss Per Share, Basic and Diluted		$ (0.01)	$ (0.01)	$ (0.01)
Weighted Average Shares Outstanding	14,059,000	14,059,000	14,059,000	14,059,000

XML 24 R12.htm IDEA: XBRL DOCUMENT

Significant Accounting Policies (Policies)

6 Months Ended

Sep. 30, 2015

Accounting Policies [Abstract]

Principles of Consolidation

(a)

Principles of Consolidation

Reclassifications

(b)

Reclassifications

Certain of the prior period amounts have been reclassified to conform to the current period’s presentation.

Recent Accounting Pronouncements

(c)

Recent Accounting Pronouncements

XML 25 R11.htm IDEA: XBRL DOCUMENT

Commitments

6 Months Ended

Sep. 30, 2015

Commitments and Contingencies Disclosure [Abstract]

Commitments

6.	Commitments

	(a)	On January 1, 2010, the Company entered into a management agreement with a Company controlled by the President of the Company and agreed to pay $2,500 per month. On January 1, 2012, the Company increased the rate to $3,500 per month. On January 1, 2013, the Company increased the rate to $4,000 per month for a period of five years.

(b)

XML 26 R15.htm IDEA: XBRL DOCUMENT

Loan Payable (Details Narrative) - USD ($)	Sep. 30, 2015	Mar. 31, 2015
Debt Disclosure [Abstract]
Loan payable	$ 92,677	$ 5,000

XML 27 R13.htm IDEA: XBRL DOCUMENT

Basis of Presentation (Details Narrative) - USD ($)	Sep. 30, 2015	Mar. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Working capital deficiency	$ 296,545
Accumulated losses	$ 1,065,626	$ 957,883

XML 28 R14.htm IDEA: XBRL DOCUMENT

Mineral Properties (Details Narrative)			6 Months Ended
Mineral Properties (Details Narrative)	Dec. 18, 2012 CAD Number shares	Dec. 18, 2012 USD ($) shares	Sep. 30, 2015 USD ($)	Nov. 20, 2013 USD ($)	Dec. 18, 2012 CAD
Percentage of ownership interest acquired in mineral properties		100.00%			100.00%
Number of mineral claims acquired \| Number	16
Common shares issued for acquisition	1,500,000
Option retains a smelter royalty, percentage.			2.50%
Smelter royalty purchased by company value \| $			$ 1,000,000
Staked additional mineral claims \| $				$ 3,545
Satisfactory Initial Geological Report [Member]
Common shares issued for acquisition		150,000
Fair value of shares issued in acquisition \| $		$ 15,000
Initial Work Program [Member]
Common shares issued for acquisition		150,000
Completion of Work Program [Member]
Common shares issued for acquisition		200,000
Ten Hole Drilling Program [Member]
Common shares issued for acquisition		1,000,000
CDN [Member]
Business acquisition value \| CAD	CAD 10,000
CDN [Member] \| Initial Work Program [Member]
Fair value of shares issued in acquisition \| CAD					CAD 50,000
CDN [Member] \| Completion of Work Program [Member]
Fair value of shares issued in acquisition \| CAD					CAD 200,000

XML 29 R16.htm IDEA: XBRL DOCUMENT

Related Party Transactions (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Mar. 31, 2015
Management fees	$ 22,500	$ 22,500	$ 45,000	$ 45,000
Consulting fees		$ 46,630	18,500	92,853
President [Member]
Company owes amount	$ 120,000		120,000		$ 96,000
Management fees			24,000	24,000
Chief Financial Officer [Member]
Company owes amount	$ 102,000		102,000		$ 81,000
Management fees			$ 21,000	21,000
Director [Member]
Consulting fees				$ 75,205

XML 30 R5.htm IDEA: XBRL DOCUMENT

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Operating Activities
Net loss	$ (107,743)	$ (148,680)
Adjustments to reconcile net loss to net cash used in operating activities:
Common stock issued for services		92,753
Changes in operating assets and liabilities:
Amounts receivable		$ 4
Prepaid expenses	$ 1,000
Accounts payable and accrued liabilities	(6,210)	$ 5,630
Due to related parties	45,000	45,000
Net Cash Used In Operating Activities	(67,953)	$ (5,293)
Financing Activities
Proceeds from loan payable	87,677
Net Cash Provided by Financing Activities	87,677
Increase (Decrease) in Cash	19,724	$ (5,293)
Cash, Beginning of Period	1,921	16,376
Cash, End of Period	$ 21,645	$ 11,083
Supplemental Disclosures:
Interest paid
Income taxes paid

XML 31 R10.htm IDEA: XBRL DOCUMENT

Related Party Transactions

6 Months Ended

Sep. 30, 2015

Related Party Transactions

5.	Related Party Transactions

	(a)	As at September 30, 2015, the Company owes $120,000 (March 31, 2015 - $96,000) to a company controlled by the President of the Company for management fees. The amount due is non-interest bearing, unsecured, and due on demand.

	(b)	As at September 30, 2015, the Company owes $102,000 (March 31, 2015 - $81,000) to a company controlled by the Chief Financial Officer of the Company for management fees. The amount due is non-interest bearing, unsecured, and due on demand.

	(c)	During the six months ended September 30, 2015, the Company incurred management fees of $24,000 (2014 - $24,000) to a company controlled by the President of the Company.

	(d)	During the six months ended September 30, 2015, the Company incurred management fees of $21,000 (2014 - $21,000) to a company controlled by the Chief Financial Officer of the Company.

(e)

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References + Details

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