10-Q

 UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10–Q

(Mark One)

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

For the quarterly period ended August 31, 2015

or

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

For the transition period from ____________ to ________________

Commission file number: 333-197094

TIXFI INC.
(Exact name of registrant as specified in its charter)
Nevada	46-4724127
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)
6517 Palatine Ave., N, Seattle, WA 98103
(Address of principal executive offices)
206-395-3549
(Registrant’s telephone number, including area code)
(Former name, former address and former fiscal year, if changed since last report)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.  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 [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” and “smaller reporting company” in Rule 12b-2 of the Exchange Act (Check one).

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

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

As of October 9, 2015, there 7,475,000 shares of the issuer’s common stock, par value $0.001, outstanding.

TIXFI INC.

FORM 10-Q

FOR THE QUARTERLY PERIOD ENDED AUGUST 31, 2015

TABLE OF CONTENTS

		PAGE
	PART I - FINANCIAL INFORMATION
Item 1.	Condensed Financial Statements.	3
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations.	10
Item 3.	Quantitative and Qualitative Disclosures About Market Risk.	10
Item 4.	Controls and Procedures.	10
	PART II - OTHER INFORMATION
Item 1.	Legal Proceedings.	15
Item 1A.	Risk Factors.	15
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds.	15
Item 3.	Defaults Upon Senior Securities.	15
Item 4.	Mine Safety Disclosures.	15
Item 5.	Other Information.	16
Item 6.	Exhibits.	16
	SIGNATURES	17

PART I – FINANCIAL INFORMATION

Item 1.      Condensed Financial Statements.

The accompanying unaudited condensed financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission ("SEC"), and should be read in conjunction with the audited financial statements and notes thereto contained in theCompany's form 10-K for year ended February 28, 2015 filed with the SEC on May 29, 2015. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the periods presented have been reflected herein. The results of operations for the periods presented are not necessarily indicative of the results to be expected for the full year ending February 29, 2016.

TIXFI INC.

INDEX TO CONDENSED INTERIM FINANCIAL STATEMENTS

(UNAUDITED)

August 31, 2015

TABLE OF CONTENTS

	Page
Condensed Balance Sheets	4
Condensed Statements of Operations	5
Condensed Statements of Cash Flows	6
Notes to the Condensed Financial Statements	7

3

TIXFI INC.

Condensed Balance Sheets

	August 31,			February 28,
	2015			2015
	(Unaudited)
ASSETS
Current Assets
Cash	$	6,576		$	27,114
Inventory		9,211			-
Prepaid expenses		8,333			-
Total current assets		24,120			27,114
Total Assets	$	24,120		$	27,114
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
Current Liabilities
Accounts payable and accrued liabilities	$	27,149		$	10,294
Total Liabilities		27,149			10,294
Stockholders' Equity (Deficit)
Preferred stock, $0.001 par value; 10,000,000 shares authorized;
0 shares issued and outstanding		-			-
Common stock, $0.001 par value; 100,000,000 shares authorized;
7,475,000 and 7,475,000 issued and outstanding, respectively		7,475			7,475
Additional paid-in capital		52,025			52,025
Accumulated deficit		(62,529	)		(42,680	)
Total stockholders' equity (Deficit)		(3,029	)		16,820
Total Liabilities and Stockholders' Equity (Deficit)	$	24,120		$	27,114

The accompanying notes are an integral part of these condensed financial statements.

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TIXFI INC.

Condensed Statements of Operations

(Unaudited)

	Three Months Ended						Six Months Ended
	August 31,						August 31,
	2015			2014			2015			2014
Revenue	$	7,450		$	20,241		$	7,450		$	27,640
Cost of Goods Sold		7,259			17,899			7,259			23,985
Gross Profit		191			2,342			191			3,655
Operating Expenses
General and administrative		4,392			2,041			4,551			2,128
Professional fees		5,917			9,890			15,489			15,093
Total Operating Expenses		10,309			11,931			20,040			17,221
Loss before income taxes		(10,118	)		(9,589	)		(19,849	)		(13,566	)
Provision for income taxes		-			-			-			-
Net Loss	$	(10,118	)	$	(9,589	)	$	(19,849	)	$	(13,566	)
Basic and diluted net loss per common share	$	(0.00	)	$	(0.00	)	$	(0.00	)	$	(0.00	)
Basic and diluted weighted-average common shares outstanding		7,475,000			5,975,000			7,475,000			5,640,489

The accompanying notes are an integral part of these condensed financial statements.

5

TIXFI INC.

Condensed Statements of Cash Flows

(Unaudited)

	Six Months Ended
	August 31,
	2015			2014
Cash flows from operating activities:
Net loss	$	(19,849	)	$	(13,566	)
Adjustments to reconcile net loss to net
cash used in operating activities:
Changes in assets and liabilities:
Inventory		(9,211	)		(6,909	)
Prepaid expenses		(8,333	)		4,077
Accounts payable and accrued liabilities		16,855			5,960
Net cash used in operating activities		(20,538	)		(10,438	)
Cash flows from investing activities:
Net cash used in investing activities		-			-
Cash flows from financing activities:
Proceeds from issuance of common stock		-			19,500
Net cash provided by financing activities		-			19,500
Net (decrease) increase in cash and cash equivalents		(20,538	)		9,062
Cash and cash equivalents at beginning of period		27,114			5,000
Cash and cash equivalents at end of period	$	6,576		$	14,062
Supplemental disclosure of cash flow information:
Cash paid during the period for interest	$	-		$	-
Cash paid during the period for tax	$	-		$	-

The accompanying notes are an integral part of these condensed financial statements.

6

TIXFI INC.

Notes to the Financial Statements

August 31, 2015

(Unaudited)

NOTE 1 -ORGANIZATION AND DESCRIPTION OF BUSINESS

TIXFI INC. (the “Company”) is a Nevada corporation incorporated on January 27, 2014.  It is based in Seattle, WA, USA.  The accounting and reporting policies of the Company conform to accounting principles generally accepted in the United States of America, and the Company’s fiscal year end is February 28.

The Company operates as sports and entertainment ticket broker. To date, the Company’s activities have been limited to the purchase and resale of tickets for concerts, sporting and other entertainment events and the raising of equity capital.

NOTE 2 -SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation

The Company prepares its financial statements in accordance with accounting principles generally accepted in the United States of America. The accompanying interim unaudited financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information in accordance with Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the Company's opinion, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the period ended August 31, 2015 are not necessarily indicative of the results for the full years. While management of the Company believes that the disclosures presented herein are adequate and not misleading, these interim financial statements should be read in conjunction with the audited financial statements and the footnotes thereto for the year ended February 28, 2015 contained in the Company's form 10-K filed with SEC on May 29, 2015.

Use of Estimates

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

Cash and Cash Equivalents

Cash and cash equivalents include cash in banks, money market funds, and certificates of term deposits with maturities of less than three months from inception, which are readily convertible to known amounts of cash and which, in the opinion of management, are subject to an insignificant risk of loss in value. The Company had $6,576 and $27,114 in cash and cash equivalents as at August 31, 2015 and February 28, 2015, respectively.

7

Inventory

Inventories are stated at the lower of cost or market. Cost is determined using the first-in, first-out ("FIFO") method. We classify inventory into various categories based upon their stage in the product life cycle, future marketing sales plans and disposition process. As at August 31, 2015 and 2014, the Company had unsold tickets of $9,211 and $0, respectively.

Recent Accounting Pronouncements

Management has considered all recent other accounting pronouncements recently issued. The Company’s management believes that these recent pronouncements do not have significant impact on the Company’s financial statements.

NOTE 3 - GOING CONCERN

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and the liquidation of liabilities in the normal course of business. During the six months ended August 31, 2015, the Company generated revenue of $7,450 and had a net loss from operations of $19,849. As at August 31, 2015, the Company has an accumulated deficit of $62,529 since inception. The Company intends to fund operations through equity financing arrangements, which may be insufficient to fund its capital expenditures, working capital and other cash requirements for the year ending February 28, 2016.

The ability of the Company to emerge from the development stage is dependent upon, among other things, obtaining additional financing to continue operations, and development of its business plan. In response to these problems, management intends to raise additional funds through public or private placement offerings.

These factors, among others, raise substantial doubt about the Company’s ability to continue as a going concern.  The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty.

NOTE 4 - EQUITY

Preferred Stock

The Company has authorized 10,000,000 preferred shares with a par value of $0.001 per share.  The Board of Directors are authorized to divide the authorized shares of Preferred Stock into one or more series, each of which shall be so designated as to distinguish the shares thereof from the shares of all other series and classes.

There were no preferred shares issued and outstanding as at August 31, 2015 and February 28, 2015.

Common Shares

The Company has authorized 100,000,000 common shares with a par value of $0.001 per share. Each common share entitles the holder to one vote, in person or proxy, on any matter on which action of the stockholders of the corporation is sought.

During year ended February 28, 2015, the Company issued 2,475,000 shares to 28 unaffiliated investors for $49,500 cash.

During the six months ended August 31, 2015, the Company did not issue any common shares.

8

As at August 31, 2015 and February 28, 2015, the Company had 7,475,000 common shares issued and outstanding.

The Company has no stock option plan, warrants or other dilutive securities.

NOTE 5 - SUBSEQUENT EVENTS

Management has evaluated subsequent events through the date these financial statements were available to be issued.  Based on our evaluation no events have occurred that require disclosure.

9

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

Forward-Looking Statements

Except for historical information, this report contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.  Such forward-looking statements involve risks and uncertainties, including, among other things, statements regarding our business strategy, future revenues and anticipated costs and expenses. Such forward-looking statements include, among others, those statements including the words “expects,” “anticipates,” “intends,” “believes” and similar language. Our actual results may differ significantly from those projected in the forward-looking statements. Factors that might cause or contribute to such differences include, but are not limited to, those discussed herein as well as in the “Description of Business – Risk Factors” section in our Prospectus, Form 424(B)(2), as filed on September 29, 2014.  You should carefully review the risks described in our Prospectus and in other documents we file from time to time with the Securities and Exchange Commission.  You are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date of this report. We undertake no obligation to publicly release any revisions to the forward-looking statements or reflect events or circumstances after the date of this document.

Although we believe that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks and uncertainties that could cause actual results to differ materially from such forward-looking statements.

All references in this Form 10-Q to the “Company,” “Tixfi,” “we,” “us,” or “our” are to Tixfi Inc.

Corporate Overview

Tixfi Inc. was incorporated in the State of Nevada on January 27, 2014, and the Company’s fiscal year end is February 28. The Company's administrative address is 6517 Palatine North, Seattle, WA 98103. The address of the Company’s agent for service in Nevada and registered corporate office is Corporate Direct, Inc., 2248 Meridian Blvd., Ste H, Minden, NV 89128. The telephone number is 206-395-3549.

Tixfi Inc. has nominal revenues to date, and has only limited cash on hand.  We have relied largely upon the sale of our securities for funding.

Tixfi has never declared bankruptcy, been in receivership, or involved in any kind of legal proceeding. Tixfi, its directors, officers, affiliates and promoters, have not and do not intend to enter into negotiations or discussions with representatives or owners of any other businesses or companies regarding the possibility of an acquisition or merger.

Tixfi Inc. derives its revenues from the following services:

The Company buys and resells tickets to end users. The Company buys tickets from ticketmaster.com, stubhub.com, and individuals from craiglists.com. The Company resells these tickets for a profit on ticketmaster.com, stubhub.com, to individuals on craigslist.com and on our website www.tixfi.com, which offer sellers tickets categorized by event, location and type. Types of events include concerts, theatre, comedy acts and sporting events.

10

The Company plans to also implement the following services:

· The Company plans to establish itself as a leading online brand that provides a service for buyers and sellers of tickets for concerts, sporting events and other live entertainment events. The Company believes we will be able to deliver a service to both buyers and sellers of event tickets. Sellers will be able to sell their event tickets as a direct sale with a fixed price. For each transaction, a commission of 8% from the seller will apply, and a fee of 10% from the buyer. For the fixed sales, sellers will post their available tickets at any price they want. There is no fee for sellers or buyers to register with the website.

· The Company plans to offer sellers the option to sell their event tickets by auction, with buyers bidding to win the auction. Sellers will have the option to offer a set price, 'buy it now' (foregoing the bidding process), 'make offer' and setting 'reserve' prices. For each transaction, a commission of 8% from the seller will apply, and a fee of 10% from the buyer. There is no fee for sellers or buyers to register with the website.

We believe that consumers (buyers and sellers), who are searching for events tickets will find our website with our services as a result of our internet marketing efforts, specifically social media and search engine optimization marketing. The Company has begun development of its website, and we will use proceeds of share issuance to fully develop the websites functionality.

We will advertise and market our business with a fully-optimized website, internet marketing such as pay-per-click, and social media marketing. Our competitors are generally larger companies with more assets and a larger advertising budget. However, we believe that targeted internet marketing will allow us to attract buyers and sellers of events tickets.

Results of Operations

The following table provides selected financial data about our company for the period ended August 31, 2015 and the year ended February 28, 2015.

	August 31, 2015			February 28, 2015
Cash	$	6,576		$	27,114
Total Assets	$	24,120		$	27,114
Total Liabilities	$	27,149		$	10,294
Stockholders’ Equity (Deficit)	$	(3,029	)	$	16,820

Our decrease in cash of $20,538 can be attributed to cash used in operating expenses.

Three months ending August 31, 2015 and 2014:

The following summary of our results of operations, for the three months ended August 31, 2015, should be read in conjunction with our financial statements, as included in this Form 10-Q.

11

	Three Months Ended
	August 31,
	2015			2014
Revenue	$	7,450		$	20,241
Cost of Goods Sold		7,259			17,899
Gross Profit		191			2,342
Operating Expenses
General and administrative		4,392			2,041
Professional fees		5,917			9,890
Total Operating Expenses		10,309			11,931
Loss before income taxes		(10,118	)		(9,589	)
Provision for income taxes		-			-
Net Loss	$	(10,118	)	$	(9,589	)

For the three months ended August 31, 2015, we had revenue of $7,450, cost of goods sold of $7,259 and a gross profit of $191, compared to revenue of $20,241, cost of goods sold of $17,899 and a gross profit of $2,342 for the three months ended August 31, 2014. The Company generated less revenue for the current period due to the change in management on January 7, 2015 and the fact it has taken the new President longer than expected to transition into her new role.

For the three months ended August 31, 2015, we incurred $4,392 in general and administrative expenses and $5,917 in professional fees, resulting in an operating and net loss of $10,118, compared to $2,041 general and administrative expenses, $9,890 professional fees and net loss of $9,589 for the three months ended August 31, 2014. The increase in general and administrative expenses is primarily due to $2,500 OTC application fee incurred during the quarter. The company’s professional fees can primarily be attributed to ongoing regulatory requirements.

Six months ending August 31, 2015 and 2014:

The following summary of our results of operations, for the six months ended August 31, 2015, should be read in conjunction with our financial statements, as included in this Form 10-Q.

	Six Months Ended
	August 31,
	2015			2014
Revenue	$	7,450		$	27,640
Cost of Goods Sold		7,259			23,985
Gross Profit		191			3,655
Operating Expenses
General and administrative		4,551			2,128
Professional fees		15,489			15,093
Total Operating Expenses		20,040			17,221
Loss before income taxes		(19,849	)		(13,566	)
Provision for income taxes		-			-
Net Loss	$	(19,849	)	$	(13,566	)

For the six months ended August 31, 2015, we had revenue of $7,450, cost of goods sold of $7,259 and a gross profit of $191, compared to revenue of $27,640, cost of goods sold of $23,985 and a gross profit of $3,655 for the six months ended August 31, 2014. The Company generated less revenue for the current period due to the change in management on January 7, 2015 and the fact it has taken the new President longer than expected to transition into her new role.

12

For the six months ended August 31, 2015, we incurred $4,551 in general and administrative expenses and $15,489 in professional fees, resulting in an operating and net loss of $19,849, compared to $2,128 general and administrative expenses, $15,093 professional fees and net loss of $13,566 for the six months ended August 31, 2014. The increase in general and administrative expenses is primarily due to $2,500 OTC application fee incurred during the quarter. The company’s professional fees can primarily be attributed to ongoing regulatory requirements.

Liquidity and Capital Resources

Currently we feel we have sufficient capital to fund our operations and business development for the next 12 months.

To date we have had minimal develop of our business and principal plan of operations and thus our expenses have been primarily for professional fees related to our ongoing regulatory expenses.

As at August 31, 2015, our cash balance was $6,576 and we had current liabilities $27,149.

We had no material commitments for capital expenditures as of August 31, 2015.

We have no known demands or commitments, and we are not aware of any events or uncertainties as of August 31, 2015 that will result in or that are reasonably likely to materially increase or decrease our current liquidity.

Working Capital

	August 31, 2015			February 28, 2015
Current Assets	$	24,120		$	27,114
Current Liabilities		27,149			10,294
Working Capital	$	(3,029	)	$	16,820

Cash Flows

	Six Months Ended
	August 31,
	2015				2014
Cash Flows used in Operating Activities		$	(20,538	)		$	(10,438	)
Cash Flows used in Investing Activities			-				-
Cash Flows from Financing Activities			-				19,500
Net Increase in Cash During Period		$	(20,538	)		$	9,062

As at August 31, 2015, our company’s cash balance was $6,576 compared to $27,114 as at February 28, 2015 and our total assets were $24,120 compared with $27,114 as at February 28, 2015. The decrease in cash and total assets was primarily due to cash used in professional fees related to ongoing regulatory requirements.

As at August 31, 2015, our company had total liabilities of $27,149 compared with total liabilities of $10,294 as at February 28, 2015.

13

As at August 31, 2015, our company had capital deficiency of $3,029 compared with working capital of $16,820 as at February 28, 2015. The decrease in working capital was primarily attributed to increased cash used for operating expenses during the quarter.

Cash Flow from Operating Activities

During the six months ended August 31, 2015, our company used $20,538 cash in operating activities, compared to $10,438 cash used during the six months ended August 31, 2014. The increase cash used from operating activities can be primarily attributed to professional fees related to ongoing regulatory requirements.

Cash Flow from Investing Activities

The company did not use any funds for investing activities in the six months ended August 31, 2015 and 2014.

Cash Flow from Financing Activities

During the six months ended August 31, 2015, the Company did not receive or use any cash in financing activities. During the six months ended August 31, 2014, our company received $19,500 in cash in financing activities due from proceeds from the issuance of common shares.

Going Concern

Our auditors issued a going concern opinion on our financial statements as of and for the period ended February 28, 2015. This means that there is substantial doubt that we can continue as an on-going business for the next twelve months unless we obtain additional capital to pay for our expenses. This is because we have not generated sufficient revenues to cover operating costs or raised enough funds. There is no assurance we will ever reach this point. Accordingly, we must raise sufficient capital from sources. Our only other source for cash at this time is investment by our sole director and officer. We must raise cash to stay in business. In response to these problems, management intends to raise additional funds through public or private placement offerings. At this time, however, the Company does not have plans or intentions to raise additional funds by way of the sale of additional securities.

Off-Balance Sheet Arrangements

We do not have any 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 investors.

Critical Accounting Policies and Estimates

We prepare our financial statements in conformity with GAAP, which requires management to make certain estimates and apply judgments. We base our estimates and judgments on historical experience, current trends and other factors that management believes to be important at the time the financial statements are prepared. On a regular basis, we review our accounting policies and how they are applied and disclosed in our financial statements.

While we believe that the historical experience, current trends and other factors considered support the preparation of our financial statements in conformity with GAAP, actual results could differ from our estimates and such differences could be material.

14

Item 3.  Quantitative and Qualitative Disclosures About Market Risk.

As a “smaller reporting company”, we are not required to provide the information required by this Item.

Item 4.  Controls and Procedures.

Management’s Report on Disclosure Controls and Procedures

We maintain disclosure controls and procedures that are designed to ensure that information required to be disclosed in our reports filed under the Securities Exchange Act of 1934, as amended, is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission's rules and forms, and that such information is accumulated and communicated to our management, including our president (our principal executive officer, principal financial officer and principle accounting officer) to allow for timely decisions regarding required disclosure.

As of the end of the quarter covered by this report, we carried out an evaluation, under the supervision and with the participation of our president (our principal executive officer, principal financial officer and principle accounting officer), of the effectiveness of the design and operation of our disclosure controls and procedures. Based on the foregoing, our president (our principal executive officer, principal financial officer and principle accounting officer) concluded that our disclosure controls and procedures were not effective as of the end of the period covered by this quarterly report.

Changes in Internal Control over Financial Reporting

There have been no changes in our internal controls over financial reporting that occurred during the period ended August 31, 2015, that have materially or are reasonably likely to materially affect, our internal controls over financial reporting.

PART II – OTHER INFORMATION

Item 1.  Legal Proceedings.

We know of no material, existing or pending legal proceedings against our Company, nor are we involved as a plaintiff in any material proceeding or pending litigation. There are no proceedings in which any of our directors, officers or affiliates, or any registered beneficial shareholder, is an adverse party or has a material interest adverse to our interest.

Item 1A.  Risk Factors.

As a “smaller reporting company”, we are not required to provide the information required by this Item.

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

We did not issue unregistered equity securities during the period ended August 31, 2015.

Item 3.  Defaults Upon Senior Securities.

None.

Item 4.  Mine Safety Disclosures.

15

Not applicable.

Item 5.  Other Information.

None.

Item 6.  Exhibits.

The following exhibits are included as part of this report:

Exhibit No.Description

31.1	Rule 13(a)-14(a)/15(d)-14(a) Certification of Principal Executive and Financial Officer
32.1	Rule 1350 Certification of Principal Executive and Financial Officer
101.INS*	XBRL Instance
101.SCH*	XBRL Taxonomy Extension Schema
101.CAL*	XBRL Taxonomy Extension Calculations
101.DEF*	XBRL Taxonomy Extension Definitions
101.LAB*	XBRL Taxonomy Extension Labels
101.PRE*	XBRL Taxonomy Extension Presentation

*  XBRL Information is furnished and not filed or a part of a registration statement or prospectus for purposes of sections 11 or 12 of the Securities Act of 1933, as amended, is deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and otherwise is not subject to liability under these sections.

16

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	TIXFI INC.
	(Registrant)
Dated: October 9, 2015	/s/ Paula Martin
	Paula Martin
	President, Chief Executive Officer, Chief Financial Officer, Secretary, Treasurer and Director
	(Principal Executive, Financial, and Accounting Officer)

17

EX-31.1

Exhibit 31.1

CERTIFICATION PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Paula Martin, certify that:

1.            I have reviewed this quarterly report on Form 10-Q of Tixfi 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.            I am 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;

5.            I have disclosed, based on my 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 9, 2015

/s/ Paula Martin

Paula MartinChief Executive Officer and Chief Financial Officer (Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer)

EX-32.1

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, Paula Martin, Chief Executive Officer and Chief Financial Officer, of Tixfi 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:

(1) the Quarterly report on Form 10-Q of Tixfi Inc. for the Quarterly period ended August 31, 2015 (the "Report") fully complies with the requirements of Section 13(a) or 15(d) of theSecurities Exchange Act of 1934; and

(2) the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of Tixfi Inc.

Dated:  October 9, 2015

/s/ Paula Martin

Paula MartinChief Executive Officer and Chief Financial Officer (Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer)

A signed original of this written statement required by Section 906, or other document authenticating, acknowledging, or otherwise adopting the signature that appears in typed form within the electronic version of this written statement required by Section 906, has been provided to Tixfi Inc. and will be retained by Tixfi Inc. and furnished to the Securities and Exchange Commission or its staff upon request.

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EQUITY

6 Months Ended

Aug. 31, 2015

Stockholders' Equity Note [Abstract]

EQUITY

NOTE 4 - EQUITY

Preferred Stock

The Company has authorized 10,000,000 preferred shares with a par value of $0.001 per share.  The Board of Directors are authorized to divide the authorized shares of Preferred Stock into one or more series, each of which shall be so designated as to distinguish the shares thereof from the shares of all other series and classes.

There were no preferred shares issued and outstanding as at August 31, 2015 and February 28, 2015.

Common Shares

The Company has authorized 100,000,000 common shares with a par value of $0.001 per share. Each common share entitles the holder to one vote, in person or proxy, on any matter on which action of the stockholders of the corporation is sought.

During year ended February 28, 2015, the Company issued 2,475,000 shares to 28 unaffiliated investors for $49,500 cash.

During the six months ended August 31, 2015, the Company did not issue any common shares.

As at August 31, 2015 and February 28, 2015, the Company had 7,475,000 common shares issued and outstanding.

The Company has no stock option plan, warrants or other dilutive securities.

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GOING CONCERN

6 Months Ended

Aug. 31, 2015

Going Concern [Abstract]

GOING CONCERN

NOTE 3 -GOING CONCERN

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and the liquidation of liabilities in the normal course of business. During the six months ended August 31, 2015, the Company generated revenue of $7,450 and had a net loss from operations of $19,849. As at August 31, 2015, the Company has an accumulated deficit of $62,529 since inception. The Company intends to fund operations through equity financing arrangements, which may be insufficient to fund its capital expenditures, working capital and other cash requirements for the year ending February 28, 2016.

The ability of the Company to emerge from the development stage is dependent upon, among other things, obtaining additional financing to continue operations, and development of its business plan. In response to these problems, management intends to raise additional funds through public or private placement offerings.

These factors, among others, raise substantial doubt about the Company’s ability to continue as a going concern.  The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty.

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Condensed Balance Sheets - USD ($)	Aug. 31, 2015	Feb. 28, 2015
Current Assets
Cash	$ 6,576	$ 27,114
Inventory	9,211
Prepaid expenses	8,333
Total current assets	24,120	27,114
Total Assets	24,120	27,114
Current Liabilities
Accounts payable and accrued liabilities	27,149	10,294
Total Liabilities	$ 27,149	$ 10,294
Stockholders' Equity (Deficit)
Preferred stock, $0.001 par value; 10,000,000 shares authorized; 0 shares issued and outstanding
Common stock, $0.001 par value; 100,000,000 shares authorized; 7,475,000 and 7,475,000 issued and outstanding, respectively	$ 7,475	$ 7,475
Additional paid-in capital	52,025	52,025
Accumulated deficit	(62,529)	(42,680)
Total stockholders' equity (Deficit)	(3,029)	16,820
Total Liabilities and Stockholders' Equity (Deficit)	$ 24,120	$ 27,114

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ORGANIZATION AND DESCRIPTION OF BUSINESS

6 Months Ended

Aug. 31, 2015

Organization And Description Of Business [Abstract]

ORGANIZATION AND DESCRIPTION OF BUSINESS

NOTE 1 -ORGANIZATION AND DESCRIPTION OF BUSINESS

TIXFI INC. (the “Company”) is a Nevada corporation incorporated on January 27, 2014.  It is based in Seattle, WA, USA.  The accounting and reporting policies of the Company conform to accounting principles generally accepted in the United States of America, and the Company’s fiscal year end is February 28.

The Company operates as sports and entertainment ticket broker. To date, the Company’s activities have been limited to the purchase and resale of tickets for concerts, sporting and other entertainment events and the raising of equity capital.

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

6 Months Ended

Aug. 31, 2015

Accounting Policies [Abstract]

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

NOTE 2 -SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation

The Company prepares its financial statements in accordance with accounting principles generally accepted in the United States of America. The accompanying interim unaudited financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information in accordance with Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the Company's opinion, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the period ended August 31, 2015 are not necessarily indicative of the results for the full years. While management of the Company believes that the disclosures presented herein are adequate and not misleading, these interim financial statements should be read in conjunction with the audited financial statements and the footnotes thereto for the year ended February 28, 2015 contained in the Company's form 10-K filed with SEC on May 29, 2015.

Use of Estimates

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

Cash and Cash Equivalents

Cash and cash equivalents include cash in banks, money market funds, and certificates of term deposits with maturities of less than three months from inception, which are readily convertible to known amounts of cash and which, in the opinion of management, are subject to an insignificant risk of loss in value. The Company had $6,576 and $27,114 in cash and cash equivalents as at August 31, 2015 and February 28, 2015, respectively.

Inventory

Inventories are stated at the lower of cost or market. Cost is determined using the first-in, first-out ("FIFO") method. We classify inventory into various categories based upon their stage in the product life cycle, future marketing sales plans and disposition process. As at August 31, 2015 and 2014, the Company had unsold tickets of $9,211 and $0, respectively.

Recent Accounting Pronouncements

Management has considered all recent other accounting pronouncements recently issued. The Company’s management believes that these recent pronouncements do not have significant impact on the Company’s financial statements.

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Condensed Balance Sheets (Parentheticals) - $ / shares	Aug. 31, 2015	Feb. 28, 2015
Statement of Financial Position [Abstract]
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	7,475,000	7,475,000
Common stock, shares outstanding	7,475,000	7,475,000

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Document and Entity Information - shares	6 Months Ended
	Aug. 31, 2015	Oct. 09, 2015
Document And Entity Information [Abstract]
Entity Registrant Name	TIXFI INC.
Entity Central Index Key	0001605024
Trading Symbol	txfx
Current Fiscal Year End Date	--02-29
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		7,475,000
Document Type	10-Q
Document Period End Date	Aug. 31, 2015
Amendment Flag	false
Document Fiscal Year Focus	2016
Document Fiscal Period Focus	Q2

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Condensed Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Aug. 31, 2015	Aug. 31, 2014	Aug. 31, 2015	Aug. 31, 2014
Income Statement [Abstract]
Revenue	$ 7,450	$ 20,241	$ 7,450	$ 27,640
Cost of Goods Sold	7,259	17,899	7,259	23,985
Gross Profit	191	2,342	191	3,655
Operating Expenses
General and administrative	4,392	2,041	4,551	2,128
Professional fees	5,917	9,890	15,489	15,093
Total Operating Expenses	10,309	11,931	20,040	17,221
Loss before income taxes	$ (10,118)	$ (9,589)	$ (19,849)	$ (13,566)
Provision for income taxes
Net Loss	$ (10,118)	$ (9,589)	$ (19,849)	$ (13,566)
Basic and diluted net loss per common share (in dollars per share)	$ (0.00)	$ (0.00)	$ (0.00)	$ (0.00)
Basic and diluted weighted-average common shares outstanding (in shares)	7,475,000	5,975,000	7,475,000	5,640,489

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Detail Textuals) - USD ($)	Aug. 31, 2015	Feb. 28, 2015	Aug. 31, 2014	Feb. 28, 2014
Accounting Policies [Abstract]
Cash and cash equivalents	$ 6,576	$ 27,114	$ 14,062	$ 5,000
Unsold tickets	$ 9,211		$ 0

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)

6 Months Ended

Aug. 31, 2015

Accounting Policies [Abstract]

Basis of Presentation

Basis of Presentation

The Company prepares its financial statements in accordance with accounting principles generally accepted in the United States of America. The accompanying interim unaudited financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information in accordance with Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the Company's opinion, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the period ended August 31, 2015 are not necessarily indicative of the results for the full years. While management of the Company believes that the disclosures presented herein are adequate and not misleading, these interim financial statements should be read in conjunction with the audited financial statements and the footnotes thereto for the year ended February 28, 2015 contained in the Company's form 10-K filed with SEC on May 29, 2015.

Use of Estimates

Use of Estimates

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

Cash and Cash Equivalents

Cash and Cash Equivalents

Cash and cash equivalents include cash in banks, money market funds, and certificates of term deposits with maturities of less than three months from inception, which are readily convertible to known amounts of cash and which, in the opinion of management, are subject to an insignificant risk of loss in value. The Company had $6,576 and $27,114 in cash and cash equivalents as at August 31, 2015 and February 28, 2015, respectively.

Inventory

Inventory

Inventories are stated at the lower of cost or market. Cost is determined using the first-in, first-out ("FIFO") method. We classify inventory into various categories based upon their stage in the product life cycle, future marketing sales plans and disposition process. As at August 31, 2015 and 2014, the Company had unsold tickets of $9,211 and $0, respectively.

Recent Accounting Pronouncements

Recent Accounting Pronouncements

Management has considered all recent other accounting pronouncements recently issued. The Company’s management believes that these recent pronouncements do not have significant impact on the Company’s financial statements.

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GOING CONCERN (Detail Textuals) - USD ($)	3 Months Ended		6 Months Ended
	Aug. 31, 2015	Aug. 31, 2014	Aug. 31, 2015	Aug. 31, 2014	Feb. 28, 2015
Going Concern [Abstract]
Revenue	$ 7,450	$ 20,241	$ 7,450	$ 27,640
Net loss from operations	(10,118)	$ (9,589)	(19,849)	$ (13,566)
Accumulated deficit	$ (62,529)		$ (62,529)		$ (42,680)

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EQUITY (Detail Textuals)	6 Months Ended	12 Months Ended
	Aug. 31, 2015 $ / shares shares	Feb. 28, 2015 USD ($) Investor $ / shares shares
Stockholders' Equity Note [Abstract]
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, par value (in dollars per share) | $ / shares	$ 0.001	$ 0.001
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, shares authorized	100,000,000	100,000,000
Common stock, par value (in dollars per share) | $ / shares	$ 0.001	$ 0.001
Common stock, voting rights	one vote
Common stock, shares issued	7,475,000	7,475,000
Common stock, shares outstanding	7,475,000	7,475,000
Unaffiliated investors | Common Shares
Stockholders Equity Note [Line Items]
Number of shares issued for cash (in shares)		2,475,000
Value of stock issued for cash | $		$ 49,500
Number of unaffiliated investors | Investor		28

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Condensed Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Aug. 31, 2015	Aug. 31, 2014
Cash flows from operating activities:
Net loss	$ (19,849)	$ (13,566)
Changes in assets and liabilities:
Inventory	(9,211)	(6,909)
Prepaid expenses	(8,333)	4,077
Accounts payable and accrued liabilities	16,855	5,960
Net cash used in operating activities	$ (20,538)	$ (10,438)
Cash flows from investing activities:
Net cash used in investing activities
Cash flows from financing activities:
Proceeds from issuance of common stock		$ 19,500
Net cash provided by financing activities		19,500
Net (decrease) increase in cash and cash equivalents	$ (20,538)	9,062
Cash and cash equivalents at beginning of period	27,114	5,000
Cash and cash equivalents at end of period	$ 6,576	$ 14,062
Supplemental disclosure of cash flow information:
Cash paid during the period for interest
Cash paid during the period for tax

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SUBSEQUENT EVENTS

6 Months Ended

Aug. 31, 2015

Subsequent Events [Abstract]

SUBSEQUENT EVENTS

NOTE 5 -SUBSEQUENT EVENTS

Management has evaluated subsequent events through the date these financial statements were available to be issued.  Based on our evaluation no events have occurred that require disclosure.