10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

(Mark One)

Form 10-Q

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

For the quarterly period ended March 31, 2016

or

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

For the transition period from __________________ to __________________________

Commission file number: 333-198776

On The Move Corporation

(Exact name of registrant as specified in its charter)

Nevada	46-1169948
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)

12355 Hagen Ranch Road, Suite 604, Boynton Beach, FL	33437
(Address of principal executive offices)	(Zip Code)

(561) 732-4670

(Registrant's telephone number, including area code)

not applicable

(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   ☒ No                   

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Website, 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 filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer	☐	Accelerated filer	☐
Non-accelerated filer	☐	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            

Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date.  51,181,334 shares of common stock are issued and outstanding as of May 24, 2016.

TABLE OF CONTENTS

		Page No.
PART I - FINANCIAL INFORMATION
Item 1.	Financial Statements.	4
Item 2.	Management's Discussion and Analysis of Financial Condition and Results of Operations.	20
Item 3.	Quantitative and Qualitative Disclosures About Market Risk.	24
Item 4.	Controls and Procedures.	25
PART II - OTHER INFORMATION
Item 1.	Legal Proceedings.	25
Item 1A.	Risk Factors.	25
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds.	26
Item 3.	Defaults Upon Senior Securities.	26
Item 4.	Mine Safety Disclosures.	26
Item 5.	Other Information.	27
Item 6.	Exhibits.	28

- 2 -

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

This report includes forward-looking statements that relate to future events or our future financial performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Words such as, but not limited to, "believe," "expect," "anticipate," "estimate," "intend," "plan," "targets," "likely," "aim," "will," "would," "could," and similar expressions or phrases identify forward-looking statements. We have based these forward-looking statements largely on our current expectations and future events and financial trends that we believe may affect our financial condition, results of operation, business strategy and financial needs. Forward-looking statements include, but are not limited to, statements about:

· our limited operating history;

· our need to raise additional capital;

· our management's lack of experience in operating a public company;

· increased costs we will incur as a result of becoming a public company;

· potential conflicts of interests in related party transactions;

· risks associated with a failure to develop Stewart's locations in accordance with the terms of the Area Development Agreement;

· the failure to receive the desired accounting treatment for related party leases entered into in December 2015;

· our failure to timely file historic financial statements for the businesses we acquired in January 2016;

· the inclusion of unaudited historic financial information in this report;

· the impact of competition and our ability to effectively compete;

· volatility in oil and wholesale fuel costs;

· changes in credit card expenses and the impact on our margins;

· wholesale cost and tax increases on tobacco products;

· government actions to discourage smoking;

· changes in economic conditions, consumer behavior, travel and tourism;

· legal, technological, political and scientific developments regarding climate change which may decrease fuel demand;

· Federal regulation of tobacco products;

· unfavorable weather conditions in Florida;

· failure to comply with federal or state laws;

· dependence on a limited number of suppliers;

· reliance on senior management;

· risks associated with the onsite storage of fuel;

· dependence on information technology systems;

· failure to protect consumer, employee or vendor data;

· ability to implement our acquisition strategy;

· no trading market for our common stock; and

· our status as a former shell company.

You should read thoroughly this report and the documents that we refer to herein with the understanding that our actual future results may be materially different from and/or worse than what we expect.  We qualify all of our forward-looking statements by these cautionary statements including those made in this report to the risk factors appearing in Part II. Item 1A. Risk Factors of our Quarterly Report on Form 10-Q for the period ended December 31, 2015 as well as our other filings with the Securities and Exchange Commission.  Other sections of this report include additional factors which could adversely impact our business and financial performance.  New risk factors emerge from time to time and it is not possible for our management to predict all risk factors, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Except for our ongoing obligations to disclose material information under the Federal securities laws, we undertake no obligation to release publicly any revisions to any forward-looking statements, to report events or to report the occurrence of unanticipated events. These forward-looking statements speak only as of the date of this report, and you should not rely on these statements without also considering the risks and uncertainties associated with these statements and our business.

OTHER PERTINENT INFORMATION

When used in this report, the terms "OTM," "we," "us," or "our" refers to On The Move Corporation, a Nevada corporation formerly known as NAS Acquisition Inc., and our subsidiaries OTM Holdings, Inc., a Florida corporation formerly known as On The Move Corporation which we refer to as "OTM Holdings," and OTM USA Corp., a Florida corporation we refer to as "OTM USA."  In addition, the "third quarter of fiscal 2016" refers to the three months ended March 31, 2016, the "third quarter of fiscal 2015" refers to the three months ended March 31, 2015, "fiscal 2015" refers to the year ended June 30, 2015, and "fiscal 2016" refers to the year ending June 30, 2016.

- 3 -

On the Move Corporation

FINANCIAL STATEMENTS

March 31, 2016

Consolidated Balance Sheets (Unaudited)

	Successor			Predecessor
	3/31/16			6/30/15
Cash	$	360,054		$	207,905
Accounts receivable		20,876			74,800
Receivable from parent company		-			1,446,435
Related party receivable		-			455,150
Inventory		489,483			292,234
Total current assets		870,413			2,476,524
Deposits		113,068			281,080
Deferred financing costs		6,786			-
Goodwill		3,480,524			-
Noncurrent assets from discontinued operations		-			3,406,793
Total assets	$	4,470,791		$	6,164,397
Bank overdraft	$	-		$	1,598
Accounts payable and accrued expenses		590,126			268,372
Related party payables		1,989,021			84,013
Series B convertible preferred stock, net of discount, $0.0001 par value, $1 stated value; 8,000,000 shares designated, 1,099,434 issued and outstanding		1,020,467			-
Total current liabilities		3,599,614			353,983
Deferred rent liability		28,195			-
Related party loans		-			1,886,254
Noncurrent liabilities from discontinued operations		-			1,937,767
Total liabilities		3,627,809			4,178,004
Stockholders' equity
Preferred stock, undesignated, $0.0001 par value; 15,000,000 shares authorized		-			-
Series A convertible preferred stock, $0.0001 par value, $1.25 stated value; 2,000,000 shares designated, 2,000,000 issued and outstanding		200			-
Common stock, $0.0001 par value; 100,000,000 shares authorized; 51,181,334 shares issued and outstanding		5,118
Additional paid in capital		1,728,719			93,559
Accumulated equity (deficit)		(891,055	)		1,892,834
Total stockholders' equity		842,982			1,986,393
Total liabilities and stockholders' equity	$	4,470,791		$	6,164,397

See accompanying notes to the consolidated unaudited financial statements

- 4 -

On the Move Corporation

Consolidated Statement of Operations (Unaudited)

	Successor			Predecessor		Predecessor
	January 14 - March 31, 2016			January 1 - January 13, 2016		Three months ended 3/31/15
Revenues
Fuel	$	4,151,825		$	591,173	$	5,108,018
Nonfuel		2,342,467			391,017		1,994,122
Total revenues	$	6,494,292		$	982,190	$	7,102,140
Costs and operating expenses
Fuel cost of goods sold		3,692,395			475,899		4,769,769
Nonfuel cost of goods sold		1,709,221			312,800		1,383,874
Station and other operating expenses		1,181,599			108,687		664,042
General and administrative		335,896			-		-
Professional fees		84,592			277		4,430
Total costs and operating expenses	$	7,003,703		$	897,663	$	6,822,115
Net income (loss) from continuing operations		(509,411	)		84,527		280,025
Discontinued operations:
Loss from discontinued operations		-			20,159		148,861
Net income (loss)	$	(509,411	)	$	64,368	$	131,164
Basic and diluted loss per common share	$	(0.01	)
Basic and diluted weighted average shares outstanding		51,180,094

See accompanying notes to the consolidated unaudited financial statements

- 5 -

On the Move Corporation

Consolidated Statement of Operations (Unaudited)

	Successor			Predecessor		Predecessor
	January 14 - March 31, 2016			July 1, 2015 - January 13, 2016		Nine months ended 3/31/15
Revenues
Fuel	$	4,151,825		$	10,107,121	$	17,824,162
Nonfuel		2,342,467			4,249,402		5,546,132
Total revenues	$	6,494,292		$	14,356,523	$	23,370,294
Costs and operating expenses
Fuel cost of goods sold		3,692,395			9,138,679		16,697,449
Nonfuel cost of goods sold		1,709,221			2,827,679		3,812,518
Station and other operating expenses		1,181,599			1,519,465		1,721,503
General and administrative		335,896			-		-
Professional fees		84,592			13,861		11,815
Total costs and operating expenses	$	7,003,703		$	13,499,684	$	22,243,285
Net income (loss) from continuing operations		(509,411	)		856,839		1,127,009
Discontinued operations:
Loss from discontinued operations		-			332,882		446,584
Net income (loss)	$	(509,411	)	$	523,957	$	680,425
Basic and diluted loss per common share	$	(0.01	)
Basic and diluted weighted average shares outstanding		51,180,094

See accompanying notes to the consolidated unaudited financial statements

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On the Move Corporation

Consolidated Statement of Cash Flows (Unaudited)

	Successor			Predecessor			Predecessor
	January 14 - March 31, 2016			July 1, 2015 - January 13, 2016			Nine months ended 3/31/15
Cash flows used in operating activities
Net income (loss)	$	(509,411	)	$	523,957		$	680,425
Non cash adjustments
Warrant expense		41,667			-			-
Changes in operating assets and liabilities
Deferred rent expense		28,195			-			-
(Increase) decrease in receivables		(19,029	)		60,124			(8,453	)
Increase in receivable from parent   company		-			(319,205	)		(314,574	)
Decrease in prepaid expenses		24,268			-			-
Decrease (increase) in inventory		25,660			(35,797	)		(630	)
Increase (decrease) in accounts payable   and accrued expenses		342,381			(36,677	)		26,284
Increase in related party payable		105,737			-			-
Net cash provided by operating activities		39,468			192,402			383,052
Cash flows used in investing activities
(Increase) decrease in security deposits		(50,290	)		(1,000	)		1,200
Decrease in related party receivables		-			(430,000	)		(205,000	)
Net cash used in investing activities		(50,290	)		(431,000	)		(203,800	)
Cash flows from financing activities
Proceeds from sales of common stock		79,600			-			-
Bank overdraft		-			2,973			1,068
Increase in related party loans		6,245			15,000			-
Net cash provided by financing activities		85,845			17,973			1,068
Discontinued operations
Cash provided by operating activities		-			-			92
Cash provided by (used in) financing activities		-			210,000			(140,000	)
Net cash provided by (used in) discontinued operations		-			210,000			(139,908	)
Net change in cash		75,023			(10,625	)		40,412
Cash, beginning of period		285,031			207,905			225,105
Cash, end of period	$	360,054		$	197,280		$	265,517
Supplemental cash flow information
Cash paid for interest	$	-		$	332,882		$	446,584
Cash paid for income taxes	$	-		$	-		$	-
Supplemental disclosure of noncash operating and financing activities:
Increase in related party payable from contribution of inventory		332,355			-			-
Warrants issued for deferred financing costs		6,786			-			-
Common shares issued for acquisition		1,099,435			-			-
Preferred shares issued for acquisition, net of discount		1,020,467			-			-
Notes issued for acquisition, net of discount		1,360,622			-			-
Acquisition of goodwill in acquisition		3,480,524			-			-

See accompanying notes to the consolidated unaudited financial statements

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On the Move Corporation and Subsidiaries

Notes to Consolidated Unaudited Financial Statements

March 31, 2016

Note 1 - Nature of Business

OTM Holdings, Inc., a Florida corporation formerly known as On the Move Corporation ("OTMH"), was incorporated in Florida in April 2014 with the principal business objective of acquiring retail gasoline stations.  The corporation authorized 36,000 shares to be issued.  In July 2014, OTMH filed an amendment to its articles of incorporation, which authorized the issuance of one hundred million shares of common stock and twenty million shares of preferred stock.  Three million preferred shares were designated as Series A, of which none were issued prior to the recapitalization described below. In November 2015, the Company changed its name to OTM Holdings, Inc.

Under a Share Exchange Agreement dated May 2, 2015, amended on September 15, 2015, and effective on November 5, 2015, On The Move Corporation ("OTM Corp" or the "Company"), a Nevada corporation formerly known as NAS Acquisition, Inc., issued an aggregate of 42,597,000 shares of its common stock for a 100% interest in OTMH.  1,800,000 shares, which were issued in error, were subsequently cancelled, resulting in a final amount of 40,797,000 shares issued. For accounting purposes, the consummation of these actions resulted in a reverse merger because the OTMH shareholders controlled OTM Corp after the share exchange. OTMH is the accounting survivor and therefore the assets, liabilities, and historical operations are those of OTMH and the capital structure has been retroactively restated to reflect the capitalization of OTM Corp.

In November 2015, OTM Corp formed OTM USA Corp. ("OTM USA"), a Florida corporation.  It is a wholly owned subsidiary of OTM Corp.

Note 2 - Going Concern

The Company's financial statements are prepared in accordance with generally accepted accounting principles applicable to a going concern. This contemplates the realization of assets and the liquidation of liabilities in the normal course of business. Currently, the Company has losses from inception and negative working capital. These conditions raise substantial doubt about the Company's ability to continue as a going concern. The Company will be dependent upon the raising of additional capital through placement of our common stock in order to implement its business plan. There can be no assurance that the Company will be successful in either situation in order to continue as a going concern. The officers and directors have committed to advancing certain operating costs of the Company.

Note 3 - Significant Accounting Policies

Fiscal Year

In 2015, OTMH adopted OTM Corp's fiscal year, thus changing its fiscal year-end from December 31 to June 30, effective beginning with its fiscal year ending June 30, 2015.

Principles of Consolidation

The accompanying consolidated financial statements include the accounts of On the Move Corporation and its wholly owned subsidiaries.  All significant intercompany transactions and balances have been eliminated.  The Company makes operating decisions, assesses performance and manages the business as one reportable segment.

Basis of Presentation

The accompanying unaudited financial statements have been prepared from the books and records of the Company in accordance with U.S. GAAP and Rule 10-01 of Regulation S-X promulgated by the Securities and Exchange Commission ("SEC"). Accordingly, they do not include all of the information and footnotes required by U.S. GAAP. The statements of operations for the three and nine months ended March 31, 2016 are not necessarily indicative of the results to be expected for the full year or any future interim period. These unaudited financial statements should be read in conjunction with the financial statements for the period inception through December 31, 2014 and notes thereto and other pertinent information contained in the Company's post-effective amendment for registration statement filed with the SEC on October 20, 2015. In the opinion of management, all adjustments considered necessary for a fair presentation of the results for the interim periods presented have been reflected in such financial statements.

- 8 -

On the Move Corporation and Subsidiaries

Notes to Consolidated Unaudited Financial Statements

March 31, 2016

Acquisition Reporting

As discussed in note 7, the Company entered into an Asset Purchase Agreement with West Boynton Auto Service, Inc., Spanish River Service, Inc., and Seeliva Industries, Inc., pursuant to which the Company purchased certain assets used in the operation of the retail convenience stores, which also sell motor fuels, at three locations.

The consolidated financial statements herein are presented under predecessor entity reporting and because the acquiring entity had nominal operations as compared with the acquired stations ("Predecessor Business"), prior historical information of the acquirer is not presented.

This new basis of accounting was created on January 14, 2016, the effective date of the Asset Purchase Agreement. In the following discussion, the results of operations and cash flows for the periods ended on or prior to January 13, 2016, and the financial position of the Predecessor Business as of balance sheet dates on or prior to January 13, 2016 are referred to herein as "Predecessor" financial information, and the results of operations and cash flows of the Company for periods beginning on January 14, 2016 and the financial position of the Company as of January 14, 2016 and subsequent balance sheet dates are referred to herein as "Successor" consolidated financial information.

Assets and operations for the Predecessor Business that were not acquired and liabilities of the Predecessor Business that were not assumed are classified as discontinued operations in the consolidated financial statements.

Use of Estimates

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.

Revenue Recognition

Revenues from sales of refined petroleum products sold at retail stations are recorded when the customer takes delivery at the pump. Merchandise revenues are recorded at the point of sale.

Shipping and Handling Costs

Costs incurred for the shipping and handling of motor fuel and convenience store merchandise are included in cost of goods sold in the statements of revenues and direct expenses.

Taxes Collected from Customers and Remitted to Government Authorities

Excise and other taxes collected on sales of refined products and remitted to governmental agencies are included in revenues and costs and operating expenses in the statements of revenues and direct expenses.

Vendor Allowances and Rebates

The Company's subsidiary receives payments for vendor allowances, volume rebates and other related payments from various suppliers of its convenience store merchandise. Vendor allowances for price markdowns are credited to merchandise cost of goods sold during the period the related markdown is recognized. Volume rebates of merchandise are recorded as reductions to merchandise cost of goods sold when the merchandise qualifying for the rebate is sold. Slotting and stocking allowances received from a vendor are recorded as a reduction to cost of sales over the period covered by the agreement.

Cash

The Company considers all highly liquid investments with an original maturity of three months or less to be cash equivalents. Cash and cash equivalents included cash in the bank, cash on hand and highly liquid investments.

Deposits

Refundable security deposits for a vacant land contract, water and fuel are currently being held by third parties.  Refundable security deposits of $ 42,778 for two station leases are currently being held by a related party.

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On the Move Corporation and Subsidiaries

Notes to Consolidated Unaudited Financial Statements

March 31, 2016

Inventory

Inventories of fuel are valued at the lower of cost, generally applied on a last-in, first-out ("LIFO") basis, or market. Merchandise inventories held for resale are valued at a percentage of retail value.

Goodwill

Goodwill represents the excess of the purchase price over the fair value assigned to net tangible and identifiable intangible assets of businesses acquired and accounted for under the purchase method. Goodwill acquired in business combinations is assigned to reporting units that are expected to benefit from the synergies of the combination as of the acquisition date. The Company assesses goodwill for impairment annually during the fourth quarter, or more frequently if events and circumstances indicate impairment may have occurred. If the carrying value of a reporting unit's goodwill exceeds its implied fair value, the Company records an impairment loss equal to the difference.

Long-Lived Assets

The Company's accounting policy regarding the assessment of the recoverability of the carrying value of long-lived assets, including property and equipment and assets with finite lives, is to review the carrying value of the assets, annually, during the fourth quarter, or whenever events or changes in circumstances indicate that they may be impaired. If this review indicates that the carrying value will not be recoverable, as determined based on the projected undiscounted future cash flows, the carrying value is reduced to its estimated fair value.

Environmental liabilities

A liability for environmental matters is established when it is probable that an environmental obligation exists and the cost can be reasonably estimated. If there is a range of reasonably estimated costs, the most likely amount will be recorded, or if no amount is most likely, the minimum of the range is used. Related expenditures are charged against the liability. Environmental remediation liabilities have not been discounted for the time value of future expected payments. Environmental expenditures that have future economic benefit are capitalized.

Income Taxes

The Company accounts for income taxes under ASC 740 "Income Taxes." Under the asset and liability method of ASC 740, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statements carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period the enactment occurs. A valuation allowance is provided for certain deferred tax assets if it is more likely than not that the Company will not realize tax assets through future operations.

Earnings Per Share Information

FASB ASC 260, "Earnings Per Share" provides for calculation of "basic" and "diluted" earnings per share.  Basic earnings per share includes no dilution and is computed by dividing net income (loss) available to common shareholders by the weighted average common shares outstanding for the period.  Diluted earnings per share reflect the potential dilution of securities that could share in the earnings of an entity similar to fully diluted earnings per share.  Basic and diluted loss per share were the same at March 31, 2016 for the Successor Company, as there were no common stock equivalents outstanding.  Earnings per share information is not shown for the Predecessor Business because it consisted of three companies and presenting shares outstanding would not be meaningful.

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On the Move Corporation and Subsidiaries

Notes to Consolidated Unaudited Financial Statements

March 31, 2016

Stock-Based Compensation

As required by the Stock Compensation Topic, ASC 718, the Company measures and recognizes compensation expense for all share-based payment awards made to employees and directors, based on estimated fair values. Stock-based compensation expense recognized in the Company's Consolidated Statements of Operations is based on awards ultimately expected to vest and, therefore, has been adjusted for estimated forfeitures. The Company is required to estimate forfeitures at the time of grant and revise the estimate, if necessary, in subsequent periods if actual forfeitures differ from those estimates. The forfeiture rate used is based on historical experience. The Company also assesses the likelihood that performance criteria associated with performance-based awards will be met. If it is determined that it is more likely than not that performance criteria will not be achieved, the Company revises its estimate of the number of shares it believes will ultimately vest.

The Company accounts for stock-based compensation issued to non-employees and consultants in accordance with the provisions of ASC 505-50, Equity – Based Payments to Non-Employees. Measurement of share-based payment transactions with non-employees is based on the fair value of whichever is more reliably measurable: (a) the goods or services received; or (b) the equity instruments issued. The fair value of the share-based payment transaction is determined at the earlier of performance commitment date or performance completion date.

Recent Accounting Pronouncements

Recent accounting pronouncements issued by the FASB (including its Emerging Issues Task Force), the AICPA, and the SEC did not, or are not believed by management to, have a material impact on the Company's present or future consolidated financial statements.

Note 4 – Inventory

Inventory at March 31, 2016 and June 30, 2015 consisted of the following:

	Successor		Predecessor
	3/31/16		6/30/15
Fuel inventory		90,830		61,579
Merchandise inventory		376,198		230,655
Car repair parts inventory		22,455		-
Total inventory	$	489,483	$	292,234

Note 5 - Stockholders' Equity

Preferred Stock

On January 13, 2016, the Company filed a Certificate of Amendment to its Amended and Restated Articles of Incorporation which: (i) eliminated a previously designated a series of its preferred stock, consisting of 4,000,000 shares and titled Series A Convertible Preferred Stock (the "Prior Series A Preferred"); (ii) designated a new series of its preferred stock consisting of 2,000,000 shares which was titled Series A Convertible Preferred Stock (the "New Series A Preferred"); and (iii) designated a new series of its preferred stock consisting of 8,000,000 shares which was titled Series B Convertible Preferred Stock (the "Series B Preferred").  No shares of the Prior Series A Preferred had ever been issued. The financial statements have been retrospectively adjusted to reflect these series of stock.

The authorized preferred stock of the Company consists of 25,000,000 shares with a $0.0001 par value.  15,000,000 shares are undesignated.

2,000,000 shares are designated as Series A convertible preferred stock with a $0.0001 par value and a $1.25 stated value.  2,000,000 shares were issued in conjunction with the Stewarts agreement as discussed in note 6.

8,000,000 shares are designated as Series B convertible preferred stock with a $0.0001 par value and a $1.00 stated value. 1,099,434 shares were issued in January 2016 as discussed in note 7.

- 11 -

On the Move Corporation and Subsidiaries

Notes to Consolidated Unaudited Financial Statements

March 31, 2016

Common stock

The authorized common stock of the Company consists of 100,000,000 shares with a $0.0001 par value. During the period January 14, 2016 through March 31, 2016, the Company issued 70,500 shares at $1 per share, of which 70,000 shares were sold to a related party.  Additionally, the Company collected $9,100 of subscription receivables related to share sales prior to January 14, 2016.

In July 2015, the Company issued a convertible promissory note for $50,000, 8% interest, payable on the earlier of November 20, 2015 or the date on which the Company consummates an initial public offering of its securities.  The principal balance could be prepaid at any time and the payee could exchange the note for 70,000 unrestricted common shares of the Company as payment in full. In November 2015, the Company issued 70,000 shares as payment for this note.

In January 2016, the Company issued 1,099,434 shares as discussed in note 7.  These shares have not been physically issued as of the date of this filing.

Common Stock Warrants

On February 23, 2016, the Company engaged a third party for corporate advisory services. In addition to paying a 5% finders' fee should the third party introduce the Company to financing for the Company, the engagement required a non-refundable retainer of a warrant for 50,000 common shares of the Company's common stock, exercisable any time after nine months from the date of the agreement at an exercise price of $0.001 per share, and a five year term from the date of allowed exercise.  In the event the third party is successful in obtaining a written commitment for financing for the Company of at least $850,000, an additional warrant will be issued to acquire 200,000 common shares of the Company's common stock at an exercise price of $0.001 per share, dated the date of the written financing commitment.  This additional warrant will be exercisable in whole or in part over five years from the date of issuance, but not exercisable for twelve months post issuance.  The fair value of the warrant for 50,000 common shares was determined to be $49,951 using the Black-Scholes Option Pricing Model.  The warrant for 200,000 common shares has not yet been granted and therefore no value has been assigned to it.

The significant assumptions used in the Black-Scholes Option Pricing Model during the period February 23, 2016 through March 31, 2016 were as follows:

	Range
Expected dividends	-%
Expected term (years)	2.88
Volatility	48.7%
Risk-free rate	0.88%

During the period February 23, 2016 through March 31, 2016, aggregate warrant expense was $6,786, which was capitalized as deferred financing costs. The remaining $43,165 will be capitalized as deferred financing costs over the remaining vesting period.  This amount is subject to adjustment since a measurement date has not yet been met under ASC 505-50.  Volatility of a competitor's common stock price was used instead of the Company's because of the lack of its trading history.

On March 1, 2016, the Company engaged a third party for corporate finance advisory services (the "Service Agreement").  In addition to a monthly fee, the Service Agreement also grants 500,000 cashless warrants.  These warrants shall be issuable in warrant tranches on a quarterly basis.  The first tranche of 125,000 warrants shall be earned and issuable on the 91^st day following the execution of the Service Agreement and subsequent tranches of 125,000 warrants shall be issuable every 90 days thereafter.  In the event the Company elects early termination, then the third party's right to any quarterly tranches of warrants that would have been earned and issued as described above will be deemed null and void. The fair value of the warrant for 500,000 common shares was determined to be $500,000 as this grant had the characteristics of a stock grant.

- 12 -

On the Move Corporation and Subsidiaries

Notes to Consolidated Unaudited Financial Statements

March 31, 2016

During the period March 1, 2016 through March 31, 2016, aggregate warrant expense was $41,667, which was expensed as professional fees. The remaining $458,333 will be expensed over the remaining granting period of eleven months.  This amount is subject to adjustment since a measurement date has not yet been met under ASC 505-50.

A summary of warrant activity for the period January 14, 2016 through March 31, 2016 is reflected below:

			Weighted-
			Average
	Warrants		Exercise Price
Outstanding at January 14, 2016		-	$	-
Granted		550,000		0.001
Canceled		-		-
Forfeited		-		-
Outstanding at March 31, 2016		550,000	$	0.001
Exercisable at March 31, 2016		0	$	-

The weighted average remaining life of warrants outstanding at March 31, 2016 was 2.78 years.

Note 6 – Commitments

In July 2014, OTM entered into an employment agreement with the Company's CEO.  The annual base salary is $395,000 and term of employment is five years.  The CEO is entitled to participate in bonus plans as the Board shall determine from time to time.  In the first year of employment, the CEO will be entitled to receive a total annual bonus in an amount of up to $200,000, based on performance. In May 2014, the Company issued a one-time retention equity award of 1,000,000 shares of restricted stock units of common stock that vested immediately. The agreement was modified in May 2015 to be effective at the closing of the Share Exchange Agreement.  Due to the financial condition of the Company, effective as of July 2014, the Company's CEO has agreed reduce the annual base salary to $100,000 and to forego payment thereof unless and until the Company has raised a minimum of $3,000,000 or until the Company's Board of Directors believes there is sufficient cash flow with which to pay a greater salary.  At March 31, 2016, accrued compensation for the CEO, which includes salary, bonus, and related payroll taxes, totaled $129,710.

In July 2014, OTM entered into an employment agreement with the Company's President and Chief Operating Officer.  The annual base salary is $395,000 and term of employment is five years.  The President is entitled to participate in bonus plans as the Board shall determine from time to time.  In the first year of employment, the President will be entitled to receive a total annual bonus in an amount of up to $200,000, based on performance. In May 2014, the Company issued a one-time retention equity award of 1,000,000 shares of restricted stock units of common stock that vested immediately. The agreement was modified in May 2015 to be effective at the closing of the Share Exchange Agreement.  Due to the financial condition of the Company, effective as of July 2014, the Company's President and Chief Operating Officer has agreed reduce the annual base salary to $100,000 and to forego payment thereof unless and until the Company has raised a minimum of $3,000,000 or until the Company's Board of Directors believes there is sufficient cash flow with which to pay a greater salary.  At March 31, 2016, accrued compensation for the President and Chief Operating Officer, which includes salary, bonus, and related payroll taxes, totaled $129,710.

In July 2014, OTM entered into an employment agreement with the Company's Executive Vice President and Chief Branding Officer ("EVP").  The annual base salary is $300,000 and term of employment is five years.  The EVP is entitled to participate in bonus plans as the Board shall determine from time to time.  In the first year of employment, the EVP will be entitled to receive a total annual bonus in an amount of up to $200,000, based on performance. In May 2014, the Company issued a one-time retention equity award of 1,000,000 shares of restricted stock units of common stock that vested immediately. The agreement was modified in May 2015 to be effective at the closing of the Share Exchange Agreement.  Due to the financial condition of the Company, effective as of July 2014, the Company's EVP agreed reduce the annual base salary to $100,000 and to forego payment thereof unless and until the Company has raised a minimum of $3,000,000 or until the Company's Board of Directors believes there is sufficient cash flow with which to pay a greater salary.  At March 31, 2016, accrued compensation for the EVP, which includes salary, bonus, and related payroll taxes, totaled $104,338.

- 13 -

On the Move Corporation and Subsidiaries

Notes to Consolidated Unaudited Financial Statements

March 31, 2016

On September 15, 2015, OTM entered into a Lease Agreement with Automated Petroleum & Energy Company, Inc. for premises located in Lakeland, Florida.  In February 2016, the Company terminated the Lease Agreement and the Company will not move forward on this location.

On December 4, 2015, the Company entered into an Area Development Agreement with Stewart's All American Corp. ("Stewart's"), the franchisor of the Stewart's Restaurant chain. Under the terms of the agreement, the Company was granted exclusive development rights in Florida and Georgia to develop 250 stand-alone businesses and express units to be located in the Company's convenience store and gas station retail locations, which the Company is presently establishing.

Under the terms of the Area Development Agreement, the Company is obligated to open the 250 Stewart's locations within 12 years under an agreed upon timeline.  The Company will enter into separate franchise agreements for each location upon approval of the site by Stewart's.  The Company was also granted a right of first refusal for development rights in North Carolina and South Carolina during the first 12 years of the term of the agreement, together with a 24-month option for the same exclusive rights in those states at a 50% development fee and 125 locations over 12 years.

As consideration for the granting of these rights, the Company agreed to pay a non-refundable development fee of $2.5 million consisting of 2,000,000 shares of the Company's Series A convertible preferred stock which is convertible into 2,000,000 shares of the Company's common stock.  Stewart's will have the right to convert the shares of Series A convertible preferred stock into common stock at the rate of 200,000 shares every six months.  The Company also granted Stewart's piggyback registration rights for 280,000 shares of our common stock underlying a number of Series A convertible preferred stock which equals $350,000 of the stated value of the preferred stock. In determining the fair value of the shares issued, the Company determined that due to the small number of shares available for conversion every six months and the lack of dividend or voting rights, the preferred shares had little value and were booked at $0.

The Company evaluated the convertible feature of the preferred stock under ASC 815 and concluded that derivative accounting was not required, therefore the conversion feature qualified to be an equity instrument.  The Company evaluated the conversion option under ASC 470 and concluded that it was not a beneficial conversion feature.  The Company considered ASC 480 to determine if the Series A convertible preferred stock should be classified as a liability or as equity.  The Company's conclusion was that it was equity under ASC 480.

On December 17, 2015, the Company entered into two Commercial Lease Agreements with Reitano Enterprises, Inc., a corporation owned by Richard Reitano, an officer and director of the company, for the premises located at 11711 Okeechobee Boulevard, Royal Palm Beach, FL 33411 ("Okeechobee Location") and the premises located at 1201 Royal Palm Beach Boulevard, Royal Palm Beach FL 33411 ("Royal Palm Location").  Each of these lease agreements had an effective date of December 21, 2015.  Both the Okeechobee Location and Royal Palm Locations had previously been operated as convenience store/gas stations by an unaffiliated third party.  Neither store was operated by Reitano Enterprises, Inc.

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On the Move Corporation and Subsidiaries

Notes to Consolidated Unaudited Financial Statements

March 31, 2016

The terms of each of the triple net leases for the Okeechobee Location and the Royal Palm Location are substantially similar.  The lease term is for a period of 10 years with a right to renew for an additional 10-year period.  The base rent is $256,721.16 per year, per location, payable in advance in equal monthly installments of $21,393.43 per month which includes all sales, state, property and tangible taxes and insurance.  The rent amount for each lease will be adjusted annually in accordance with any increase or decrease in the amount of property tax and insurance for the location.  The base rent will increase $3,600 per year commencing in the second year of the lease term.  The lessor may terminate the lease upon 30 days notice to OTM USA in the event the Company fails to pay the rent in a timely manner.  Security deposits of $25,000 for each lease were paid; deposits are subject to increase at the option of the lessor up to an additional $25,000 plus three months rent and seven days of projected fuel sales.  Total annual minimum lease payments going forward are $387,834 in 2016, $520,859 in 2017, $528,059 in 2018, $534,825 in 2019, $542,459 in 2020, $549,659 in 2021, $556,859 in 2022, $564,059 in 2023, $571,259 in 2024, and $561,250 in 2025.  Total rent payments aggregate $5,458,423 over the life of the lease. The Company considered the four lease classification criteria in ASC 840-20 and determined that the leases satisfied none of them and accordingly, recorded this as an operating lease and not a capital lease. Specifically, the lease is ten years, which is less than the 75% of its economic life and the present value of the lease payments is less than 90% of the stations' future value.

In accordance with ASC 840-20, the Company records rent expense on a straight-line basis over the initial term of a lease.  Rent expense in December 2015 was $12,938 but commencing in January 2016, rent expense on a straight-line basis is $22,743 per month, per station over the life of the lease.  Deferred rent liability related to these leases is $8,100 as of March 31, 2016.

Note 7 – Acquisition

On January 28, 2016, the Company entered into an Asset Purchase Agreement with West Boynton Auto Service, Inc. d/b/a Hagen Ranch Texaco ("Hagen Ranch"), Spanish River Service, Inc., d/b/a Jupiter Farms Chevron ("Jupiter Farms") and Seeliva Industries, Inc., d/b/a Wellington BP ("Wellington") pursuant to which the Company purchased certain assets used in the operation of the retail convenience stores, which also sell motor fuels, at these three locations.  The sellers were affiliates of Mr. Jay Seewald, an executive officer and director of the Company.  The effective date of the acquisitions was January 14, 2016 as to two of the locations and January 15, 2016 as to the third location.  This is the accounting acquisition date and operations for these three locations are included in the Successor financial statements from this date forward.  These retail stores were previously owned and operated by companies controlled by Mr. Seewald. The Hagen Farms location had been operated for 11 years, the Jupiter Farms location had been operated for six years and the Wellington location had been operated for six years.  Each of the Jupiter Farms and Wellington locations have a Dunkin Donuts franchise at the location which will be retained.

Under the terms of the Asset Purchase Agreement, the Company paid an aggregate of $3,664,780 for these assets, which was discounted to a value of $3,480,524 as discussed below.  The consideration included six month secured promissory notes in the aggregate principal amount of $1,465,912 (the "Secured Notes"), discounted to a value of $1,360,622; an aggregate of 1,099,434 shares of our Series B Convertible Preferred Stock (the "Series B Preferred") which has a stated value of $1,099,434, discounted to a value of $1,020,467; and an aggregate of 1,099,434 shares of our common stock valued at $1,099,434.  As additional consideration, the Company also agreed to pay each seller a six-month transition management fee equal to the net profits, as computed in accordance with GAAP, for the location, which fee is paid to J&L Services of Palm Beach, Inc., a Florida corporation that is an entity affiliated with the sellers.  The Company will also purchase the inventory and motor fuel on hand at each location as of the closing date in cash, which such amount shall be due within 60 days of the closing date.  Each seller has verbally agreed to extend the due date of the inventory and motor fuel payment until May 31, 2016

The terms of each of the Secured Notes are identical and provide that the notes mature on July 27, 2016, subject to an extension of 60 days at our discretion.  The notes do not bear interest from the issuance date through the initial maturity date, and thereafter bear interest at 6% per annum.  Each note is secured by a blanket security interest in the assets at the respective location.  In the event of default under the terms of a Secured Note, the holder would be entitled to foreclose on the assets at that location.  An "event of default" includes the Company's failure to pay the note when due, the Company's failure to redeem the Series B Preferred issued as partial consideration to that seller for the stated value prior to the maturity date of the note as well as customary bankruptcy and creditor assignment provisions.  Upon an event of default under one or more of the Secured Notes, the Series B Preferred issued to that seller would be immediately cancelled without consideration to the seller.

- 15 -

On the Move Corporation and Subsidiaries

Notes to Consolidated Unaudited Financial Statements

March 31, 2016

The Company considered ASC 480 to determine if the Series B Preferred should be classified as a liability or as equity.  The Company's conclusion was that it was a liability under ASC 480 due to the redemption features in the Secured Notes requiring redemption of the Series B Preferred.

In determining the fair value of the Series B Preferred shares issued, the Company determined that due to the likelihood of the redemption of the Series B Preferred before the notes mature, the Series B Preferred were valued at $1/share, the shares' redemption value, less a discount of $78,967, reflecting the six-month time period and the Company's borrowing rate of 15%.  The common shares issued as part of the transaction were valued at $1/share, the value of recent purchases of common shares.  The Secured Notes were valued at their principal value, less a discount of $105,290, reflecting the six-month time period and the Company's borrowing rate of 15%.  The discount will be amortized over the six months.

Total consideration given is as follows:

	Face Value		Less Discount			Fair Value
Common stock		1,099,435					1,099,435
Series B Preferred		1,099,434		(78,967	)		1,020,467
Secured Notes		1,465,912		(105,290	)		1,360,622
Subtotal		3,664,781		(184,257	)		3,480,524
Related party payables		338,600		-			338,600
Total	$	4,003,381	$	(184,257	)	$	3,819,124

The Company determined that the intangible assets purchased had nominal value and allocated the purchase price as follows:

Inventory		332,355
Petty cash		6,245
Goodwill		3,480,524
Total acquisition cost	$	3,819,124

The Asset Purchase Agreement, which contains customary cross indemnification provisions, provided that each seller is to deliver to the Company audited financial statements for each location, within 74 days from the effective dates and prepared in accordance with GAAP and in conformity to the rules and regulations of the Securities and Exchange Commission.  The Company had agreed to pay the costs of the audits.  Should any seller fail to make this delivery, the seller would be prohibited from asserting an event of default under the note.  This date has passed and the sellers have not yet delivered the audited financial statements for each location.

In connection with the acquisitions of these businesses, through a wholly-owned subsidiary the Company has entered into lease agreements with the various lessors of the real property at which these retail stores are located.  The lessor for each location is as follows:  Reitano Enterprises, Inc., a related party, with respect to the Jupiter Farms location;West Boynton Auto Services, Inc., a related party, with respect to the Hagen Ranch location; and Automated Petroleum & Energy Co., Inc., an unaffiliated third party, with respect to the Wellington location.  Reitano Enterprises, Inc. and West Boynton Auto Services, Inc. are companies controlled by two individuals who are officers and directors of the Company.

The Jupiter Farms and Hagen Ranch leases provide for a term of 10 years with a right to renew for an additional 10 year period.  The Wellington lease provides for a term of 9 years and eleven months with rights to renew for two additional 5-year periods.  The initial annual base rent is as follows: $438,000 for Jupiter Farms; $396,000 for Hagen Ranch; and $253,920 for Wellington; plus, in each instance, sales taxes and any other government taxes.  The amount of base rent is subject to escalation over the terms of the respective leases.

- 16 -

On the Move Corporation and Subsidiaries

Notes to Consolidated Unaudited Financial Statements

March 31, 2016

Total annual minimum lease payments going forward are $864,896 in 2016, $1,172,052 in 2017, $1,208,119 in 2018, $1,237,201 in 2019, $1,267,012 in 2020, $1,297,571 in 2021, $1,328,898 in 2022, $1,361,013 in 2023, $1,393,937 in 2024, and $1,427,690 in 2025.  Total rent payments aggregate $12,558,389 over the life of the leases. The Company considered the four lease classification criteria in ASC 840-20 and determined that the leases satisfied none of them and accordingly, recorded this as an operating lease and not a capital lease. Specifically, the lease is ten years, which is less than the 75% of its economic life and the present value of the lease payments is less than 90% of the stations' fair value.

In accordance with ASC 840-20, the Company records rent expense on a straight-line basis over the initial term of a lease.  Rent expense in January 2016 was $53,608 but commencing in February 2016, rent expense on a straight-line basis will be $107,216 per month over the life of the lease.  Deferred rent liability related to these leases is $20,095 as of March 31, 2016.

Note 8 – Contingencies

The Company's operations and earnings may be affected by various forms of governmental action. Examples of such governmental action include, but are by no means limited to: tax increases and retroactive tax claims; import and export controls; price controls; allocation of supplies of crude oil and petroleum products and other goods; laws and regulations intended for the promotion of safety and the protection and/or remediation of the environment; governmental support for other forms of energy; and laws and regulations affecting the Company's relationships with employees, suppliers, customers, stockholders and others. Because governmental actions are often motivated by political considerations, may be taken without full consideration of their consequences, and may be taken in response to actions of other governments, it is not practical to attempt to predict the likelihood of such actions, the form the actions may take or the effect such actions may have on the Company.

The Company is subject to numerous federal, state and local laws and regulations dealing with the environment. Violation of such environmental laws, regulations and permits can result in the imposition of significant civil and criminal penalties, injunctions and other sanctions. A discharge of hazardous substances into the environment could, to the extent such event is not insured, subject the Company to substantial expense, including both the cost to comply with applicable regulations and claims by neighboring landowners and other third parties for any personal injury, property damage and other losses that might result.

The Company currently leases properties at which hazardous substances have been or are being handled. Although the Company believes it has used operating and disposal practices that were standard in the industry at the time, hazardous substances may have been disposed of or released on or under the properties leased by the Company or on or under other locations where they have been taken for disposal. In addition, many of these properties have been operated by third parties whose management of hazardous substances was not under the Company's control. Under existing laws the Company could be required to remediate contaminated property (including contaminated groundwater) or to perform remedial actions to prevent future contamination.

Based on information currently available to the Company, the amount of future remediation costs to be incurred to address known contamination sites is not expected to have a material adverse effect on the Company's future net income, cash flows or liquidity. However, there is the possibility that additional environmental expenditures could be required to address contamination, including as a result of discovering additional contamination or the imposition of new or revised requirements applicable to known contamination.

The Company is subject to extensive tax liabilities imposed by multiple jurisdictions, including income taxes, indirect taxes (excise/duty, sales/use and gross receipts taxes), payroll taxes, franchise taxes, withholding taxes and ad valorem taxes. New tax laws and regulations and changes in existing tax laws and regulations are continuously being enacted or proposed that could result in increased expenditures for tax liabilities in the future. Many of these liabilities are subject to periodic audits by the respective taxing authority. Subsequent changes to our tax liabilities because of these audits may subject the Company to interest and penalties.

- 17 -

On the Move Corporation and Subsidiaries

Notes to Consolidated Unaudited Financial Statements

March 31, 2016

Note 9 – Related Party Transactions

As discussed in note 3, the consolidated financial statements herein are presented under predecessor entity reporting. The predecessor statements' record related party payables and receivables for borrowings from and loans to related parties.  All are verbal agreements without interest and none of these assets or liabilities were assumed in the acquisition.

Related party receivable balances at March 31, 2016 and June 30, 2015 consisted of the following:

	Successor		Predecessor
	March 31, 2016		June 30, 2015
Spanish River Service, Inc.		-	$	75,000
JRSM Investments, LLC		-		50,150
Florida Petroleum LLC		-		50,000
J&L Services of Palm Beach, Inc.		-		205,000
SW Florida Petroleum, LLC		-		75,000
		-	$	455,150

Related party payable balances at March 31, 2016 and June 30, 2015 consisted of the following:

	Successor			Predecessor
	March 31, 2016			June 30, 2015
Reitano Enterprises, Inc.	$	184,062		$	-
West Boynton Auto Services, Inc.		548,822			-
Spanish River Service, Inc.		800,897			-
Seeliva Industries, Inc.		454,792			-
J&L Services of Palm Beach, Inc.		105,737
Jay Seewald		-			84,013
Discount on notes as discussed in note 7		(105,289	)		-
	$	$ 1,989,021		$	84,013

On June 4, 2015, OTM loaned $10,000 to its EVP.  The loan term was six months and interest accrued at 5% per annum.  During the six months ended December 31, 2015, the Company loaned an additional $15,000 to its EVP.  Upon the closing of the Share Exchange Agreement, the balance of $25,372 was applied to the accrued compensation due to him.

As discussed in note 6, the Company is leasing two stations from Reitano Enterprises.  The opening inventory of the stations and petty cash was purchased from Reitano Enterprises; the inventory's carryover value of $182,788 plus petty cash of $1,274 is reflected as a related party payable in the financial statements.  The payable is unsecured, does not accrue interest, and is due in December 2016.  There is no prepayment penalty.

As discussed in Note 7, in connection with the Asset Purchase Agreement the Company agreed to pay a transitional management fee equal to the "net profit" of the acquired businesses for a period of six months following the closing of the Asset Purchase Agreement, which amount is being paid to J&L Services of Palm Beach, Inc. ("J&L"), an entity that is an affiliate of Mr. Jay Seewald, an executive officer and director of the Company. At March 31, 2016, management fees of $105,737 were payable to J&L.

In connection with the acquisitions of these businesses, through a wholly-owned subsidiary, the Company has entered into lease agreements with the various lessors of the real property at which these retail stores are located.  The lessor for the Jupiter Farms location is Reitano Enterprises, Inc. and the lessor for the Hagen Ranch location is West Boynton Auto Services, Inc. The opening inventory of the stations and petty cash was purchased from the sellers. The inventory's carryover value of $332,355 plus petty cash of $6,245 is reflected as a related party payable in the financial statements.  As discussed in note 7, each seller in connection with the Asset Purchase Agreement, the Company was to make the inventory and motor fuel payment to the sellers within 60 days of the closing of the transactions contemplated under the Asset Purchase Agreement.  Notwithstanding, the sellers have agreed to extend the due date of the inventory and motor fuel payment until May 31, 2016.

- 18 -

On the Move Corporation and Subsidiaries

Notes to Consolidated Unaudited Financial Statements

March 31, 2016

As discussed in note 6, each of the Company's CEO, President and Chief Operating Officer and EVP, has agreed to reduce the amount of the annual base salary to $100,000 and to forego payment thereof unless and until the Company has raised a minimum of $3,000,000 or until the Company's Board of Directors believes there is sufficient cash flow with which to pay a greater salary.

Note 10 – Subsequent Events

On June 2, 2016 the Company entered into the First Amendment to the Asset Purchase Agreement with West Boynton Auto Service, Inc., Spanish River Service, Inc. and Seeliva Industries, Inc. (the "First Amendment").  The First Amendment (i) extended the due date of the payment for the inventory purchased in the transaction to June 15, 2016, and (ii) the closing dates of the transaction were amended to January 14, 2016 with respect to the Wellington and Jupiter Farms Locations and January 15, 2016 with respect to the Hagen Ranch Location.

- 19 -

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

As described in Note 7 to the unaudited consolidated financial statements appearing elsewhere in this report, pursuant to the terms of the Asset Purchase Agreement with certain related parties, effective January 14, 2016, we purchased certain assets from Spanish River Service, Inc., d/b/a Jupiter Farms Chevron ("Jupiter Farms") and Seeliva Industries, Inc., d/b/a Wellington BP ("Wellington") and effective January 15, 2016, we purchased certain assets from West Boynton Auto Service, Inc. d/b/a Hagen Ranch Texaco ("Hagen Ranch"), all of which are used in the operation of the retail convenience stores, which also sell motor fuels, at these three locations.  The sellers were affiliates of Mr. Jay Seewald, an executive officer and director of our company.  Under applicable SEC rules, the purchase of these assets were considered the purchase of a "business" even though we did not acquire the stock of any of the entities.  As used in this report, the term "Predecessors" refers to the operation of the assets of each of Jupiter Farms, Wellington and Hagen Ranch we acquired prior to the effective date of the closings of the Asset Purchase Agreement on January 14, 2016 and January 15, 2016, respectively, as described in Note 7 in the unaudited consolidated financial statements appearing earlier in this report, and the term "Successor" refers to the Company on a consolidated basis after the closing of the transaction including its operations prior to the closing of the Asset Purchase Agreement.  Discontinued operations referred to the Predecessor periods related to notes payable by the Predecessor to affiliated entities, including interest on these notes.  These obligations were not assumed by us under the terms of the Asset Purchase Agreement.

The following discussion of our financial condition and results of operations should be read in conjunction with the condensed consolidated financial statements and the notes to those statements that are included elsewhere in this report. While we are required to provide historic financial information for the Predecessor, readers should not place undue reliance on historic Predecessor financial information which is unaudited.  See Part II, Item 1A. of this report.  In addition, there are no assurances that the results of operations of the Predecessor will be comparable to our results of operations in future periods.

Our discussion includes forward-looking statements based upon current expectations that involve risks and uncertainties, such as our plans, objectives, expectations and intentions. Actual results and the timing of events could differ materially from those anticipated in these forward-looking statements as a result of a number of factors, including those set forth under the Part II, Item 1A, Risk Factors, and Cautionary Notice Regarding Forward-Looking Statements sections appearing elsewhere in this report and our other filings with the Securities and Exchange Commission.  We use words such as "anticipate," "estimate," "plan," "project," "continuing," "ongoing," "expect," "believe," "intend," "may," "will," "should," "could," and similar expressions to identify forward-looking statements. In addition, any statements that refer to projections of our future financial performance, our anticipated growth and trends in our businesses, and other characterizations of future events or circumstances are forward-looking statements. Such statements are based on our current expectations and could be affected by the uncertainties and risk factors described throughout this report.

Overview

Our business strategy is to own, manage and operate convenience stores with gas stations some or all of which will operate under the brand name "On the Move." Our retail stores offer beverage and tobacco and lottery products; health and beauty aids; automotive products; and other non-food items, as well as a selection of food items including "American Fare" prepared foods, such as hamburgers, sandwiches, salads, fries and shakes in conjunction with our exclusive Area Development Agreement with Stewart's All American Corp. ("Stewart's"), the franchisor of the Stewart's Restaurant chain, under which we intend to open franchise locations within or in close proximity to certain of our OTM retail stores. In addition, these locations will also provide the retail sale of gasoline or gasohol on a self-service basis, and certain locations will also offer car wash and automotive repair facilities. We intend to grow our company through acquisitions as well as internal growth, including:

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Ÿ	improving our existing retail locations by updating and renovating the interior and exterior physical structures;
Ÿ	executing a prudent growth strategy of blending new store growth with acquisitions, creating a broad geographic footprint and infrastructure throughout the State of Florida;
Ÿ	creating our own retail store brand and delivering superior imaging, lighting, pricing facilities, cleanliness, drive-thrus and customer offerings for time strapped consumers; and
Ÿ	creating our own independent fuel brand and delivery system and eventually the delivery of alternative fuels such as natural gas, hydrogen and electric charging stations.

    In pursuit of this goal we have leases in place for our first five locations in key areas in Florida.  In December 2015, we entered into lease agreements with a related party for two locations in Okeechobee and Royal Palm Beach, Florida, and in January 2016, we closed an Asset Purchase Agreement with a related party pursuant to which we acquired the businesses of three retail stores located in Boynton Beach, Wellington and Jupiter, Florida.  As a result of these transactions, we began generating revenues during the second quarter of 2016.  Five of our retail stores are currently operating under the On the Move brand.

Our near-term business plan is to expand to more than 25 retail stores by the end of 2016. This would increase the On the Move brand in key demographic areas throughout the State of Florida. It is anticipated that some or all of these retail stores will be acquired from entities owned and controlled by Mr. Seewald, an executive officer and director of our company. As of this date we have not entered into any agreements to open or acquire additional retail stores from Mr. Seewald, other than for the businesses we acquired in January 2016 as described elsewhere herein.

In order to implement our business strategy, we estimate that we need to raise approximately $5,000,000, which includes providing funds to:

· fully convert the new locations to the On the Move brand;

· fulfill the terms of the Area Development Agreement with Stewart's through calendar year 2016;

· pay costs associated with the audits of the recently acquired locations;

· pay for the inventory at the businesses we acquired;

· satisfy $1,465,912 due related parties on July 27, 2016 under the terms of the secured promissory notes (the "Secured Notes") we issued in January 2016 as partial consideration for the acquisition of three stores; and

· pay $1,099,434 to redeem the Series B Convertible Preferred Stock we issued in January 2016 to related parties as partial consideration for the acquisition of the three stores

In addition to funds necessary to further implement our business strategy, we also need capital to fund our operating expenses.  While the acquisitions of the three businesses in January 2016 are generating revenues for our company, under the terms of the Asset Purchase Agreement, we also agreed to pay each seller a six-month transition management fee equal to the net profits, as computed in accordance with GAAP, for each location.

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Although we raised $224,900 in capital during the third quarter of fiscal 2016, we do not have any firm commitments for additional capital and there are no assurances we will be successful in our efforts to raise the additional funds.  We expect to encounter certain challenges in raising the capital necessary to satisfy these existing obligations.  As described elsewhere herein, we have yet to file the audited financial statements for the businesses we acquired in January 2016 and, accordingly, are not considered "current" in our reporting obligations under Federal securities laws.  There is no market for our common stock and we do not expect that one will be developed until such time as we are "current" in our reporting obligations.  Any failure by us to raise this capital will adversely impact our ability to pay our obligations as they become due, expand our existing operations and further implement our acquisition strategy.

Results of operations

As described elsewhere herein, our revenues for the Successor period included revenues from our Okeechobee and Royal Palm Beach, Florida locations which we leased in December 2015 for the entire period, together with revenues from the Predecessors' businesses.  Our revenues during the Predecessor periods included revenues from the businesses of the Predecessors. While the revenues during the Successor period reflects revenues of approximately $1,457,354 attributable to our Okeechobee and Royal Palm Beach locations, because of the differences in the scope of the Successor period (January 14, 2016 to March 31, 2016) as compared to the Predecessor period (January 1, 2015 to March 31, 2015) the Successor period does not include revenues attributable to the Predecessor during the first 13 days of January 2016.  These revenues are reflected in a separate column on our unaudited consolidated statement of operations appearing elsewhere in this report.  Had we been able to consolidate those revenues with the Successor period revenues, our revenues would have increased 5% in the 2016 period reflecting the revenues attributable to the two additional stations and increases in nonfuel sales, offset by a decline in fuel sales at the Predecessor locations as a result of lower gas prices. The increase in revenues from nonfuel sales is attributable to increased sales volume.

During the Successor period approximately 64% of our total revenues for the Successor are from fuel sales which had a margin of 11% and the remaining 36% of revenues were generated from sales at the convenience stores, including the fast food franchises, and, depending upon the particular location, car wash and automotive repair sales at these locations, which, in the aggregate, had a margin of 27%.  During the Predecessor period, approximately 72% of the revenues were attributable to fuel sales which had a margin of 7% and the remaining 28% of revenues were generated from sales at the convenience stores, car wash, and repair facilities which had an aggregate margin of 31%.

We are subject to fluctuating margins on fuel sales as a result of market influences.  Material decreases in wholesale fuel costs may temporarily increase our margins until such time as the general market reflects a decline in retail fuel costs.  Conversely, material increases in wholesale fuel costs in future periods may adversely impact our margins on fuel sales if we are unable to pass along the increases to our customers.  In addition, to remain competitive, we must offer a selection of convenience store, prepared food, car wash and automotive repair products and services at competitive prices to meet consumer demand. As with wholesale fuel costs, fluctuations in the wholesale costs of store and other inventory will impact our margins in future periods.

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In addition to the cost of fuel and other goods sold by us, our operating expenses include station and operating expenses, general and administrative expenses as well as professional fees.  Station and other operating expenses, which include, but are not limited to, the cost of electricity, insurance, bank and credit card fees and the transitional management fee paid to the sellers of the three recently acquired stations, were approximately 18% of our revenues.  Similar to the costs of goods sold, fluctuations in the cost at which we can obtain these services may adversely impact our margins in future periods.General and administrative expenses includes expenses for management personnel.  The increase in general and administrative expenses in the Successor period from the Predecessor period is primarily attributable to higher compensation costs and rental expense.   As we continue to grow our company we expect these costs will continue to increase in future periods.  Professional fees included fees associated with our acquisition strategy, as well as the costs incurred to comply with applicable regulatory requirements, such as filing and other requirements of the Securities and Exchange Commission and will vary from period to period.

Under the terms of the Asset Purchase Agreement for the January 2016 transaction, we agreed to pay each seller a monthly transitional management fee for a period of six months from the closing in an amount equal to the net profits (determined in accordance with U.S. GAAP) from the business at each location.  The transitional management fee is to be calculated by us and paid bi-weekly.  For the third quarter of fiscal 2016 the monthly transitional fee totaled $320,800.

Liquidity and capital resources

Liquidity is the ability of a company to generate sufficient cash to satisfy its needs for cash. As of March 31, 2016 we had approximately $360,000 in cash and a working capital deficit of $2,729,201, as compared to cash of approximately $208,000 and working capital of $2,122,541 at June 30, 2015 (unaudited).  These changes are primarily attributable to increases in accounts payable and accrued expenses and related party payables associated with a contribution of inventory and the Secured Notes described below.

As described elsewhere in this report, Secured Notes in the aggregate principal amount of $1,465,912 due related parties mature on July 27, 2016, subject to an extension of 60 days at our discretion.  The notes do not bear interest from the issuance date through the initial maturity date, and thereafter bear interest at 6% per annum.  Each note is secured by a blanket security interest in the assets at the respective related location.  In the event of default under the terms of a Secured Note, the holder would be entitled to foreclose on the assets at that location.  An "event of default" includes our failure to pay the note when due, our failure to redeem the Series B Convertible Preferred Stock issued as partial consideration to each respective seller for the stated value prior to the maturity date of the note, as well as customary bankruptcy and creditor assignment provisions.  Upon an event of default under one or more of the Secured Notes, the Series B Convertible Preferred Stock issued to that seller would be immediately cancelled without consideration to the seller. The Asset Purchase Agreement provided that each seller was to deliver to us audited financial statements for each location, within 74 days from the closing date.  The terms of the Asset Purchase Agreement further provided that should any seller fail to make this delivery, the seller would be prohibited from asserting an event of default under the note.  The acquisition audits have not yet been completed.  Accordingly, as more than 74 days have passed since the closing date of the Asset Purchase Agreement through the date of this report, the sellers are prohibited from asserting an event of default under the Secured Notes should we fail to satisfy same at maturity.

Cash flows

Net cash provided by operating activities for the period of January 14, 2016 through March 31, 2016 was $39,468, which primarily reflects increases in our accounts payable and accrued expenses and related party payables.

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Net cash used in investing activities for the period of January 14, 2016 through March 31, 2016 was $50,290 and reflects the security deposits we have paid in connection with the three new locations.

Net cash provided by financing activities for the period of January 14, 2016 through March 31, 2016 was $85,845 which reflects proceeds from the sale of our common stock and related party loans.

Critical accounting policies

The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amount of assets and liabilities, the disclosure of contingent assets and liabilities and the reported amounts of revenue and expenses during the reported periods. The more critical accounting estimates include estimates related to revenue recognition and accounts receivable allowances. We also have other key accounting policies, which involve the use of estimates, judgments and assumptions that are significant to understanding our results, which are described in Note 3 to our consolidated financial statements appearing elsewhere in this report.

Recent accounting pronouncements

The recent accounting standards that have been issued or proposed by the FASB or other standards-setting bodies that do not require adoption until a future date are not expected to have a material impact on our financial statements upon adoption.

Off balance sheet arrangements

As of the date of this report, 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 are material to investors. The term "off-balance sheet arrangement" generally means any transaction, agreement or other contractual arrangement to which an entity unconsolidated with us is a party, under which we have any obligation arising under a guarantee contract, derivative instrument or variable interest or a retained or contingent interest in assets transferred to such entity or similar arrangement that serves as credit, liquidity or market risk support for such assets.

Item 3.Quantitative and Qualitative Disclosures About Market Risk.

Not applicable for a smaller reporting company.

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Item 4.Controls and Procedures.

Evaluation of Disclosure Controls and Procedures.  We maintain "disclosure controls and procedures" as such term is defined in Rule 13a-15(e) under the Securities Exchange Act of 1934.  In designing and evaluating our disclosure controls and procedures, our management recognized that disclosure controls and procedures, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of disclosure controls and procedures are met.  Additionally, in designing disclosure controls and procedures, our management necessarily was required to apply its judgment in evaluating the cost-benefit relationship of possible disclosure controls and procedures.  The design of any disclosure controls and procedures also is based in part upon certain assumptions about the likelihood of future events, and there can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions.  Based on their evaluation as of the end of the period covered by this report, our Chief Executive Officer, who also serves as our principal financial and accounting officer has concluded that our disclosure controls and procedures were not effective to ensure that the information relating to our company, required to be disclosed in our Securities and Exchange Commission reports (i) is recorded, processed, summarized and reported within the time periods specified in SEC rules and forms, and (ii) is accumulated and communicated to our management, including our Chief Executive Officer, to allow timely decisions regarding required disclosure as a result of (i) our failure to timely file the Current Report on Form 8-K/A containing the historic audited financial statements of the businesses we acquired in January 2016, and (ii) continuing material weaknesses in our internal control over financial reporting as reported in our Annual Report on Form 10-K for the period ended June 30, 2015.

Changes in Internal Control over Financial Reporting.  There have been no changes in our internal control over financial reporting during our last fiscal quarter that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

PART II - OTHER INFORMATION

Item 1.Legal Proceedings.

None.

Item 1A.Risk Factors.

In addition to the other information set forth in this report, you should carefully consider the risk factors discussed in Part II, Item 1A in our Quarterly Report on Form 10-Q for the period ended December 31, 2015 and our filings with the Securities and Exchange Commission, which could materially affect our business, financial condition or future results, subject to the new or modified risk factors appearing below that should be read in conjunction with the risk factors disclosed in such Form 10-Q.

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We have not filed the historical audited financial statements of the businesses we acquired in January 2016 as required by the rules and regulations of the SEC.  Accordingly, we are not considered "current" in our reporting obligations which could have a material adverse effect on our company.

In January 2016 we acquired the businesses of three retail stores from corporations controlled by Mr. Jay Seewald, a related party.  Under SEC rules the acquisition of a "business" requires the filing of historical audited financial statements of the acquired business within 74 days from the closing date of the acquisition.  We have not yet filed the historical audited financial statements for these three businesses and do not presently know when the audits will be complete.  Accordingly, we are not considered "current" in our reporting obligations.  Until such time these audits are completed and filed with the SEC, we are unable to file any registration statements.  The present inability to file a registration statement with the SEC could adversely impact our ability to raise the capital which is necessary to fund our operating expenses, satisfy our obligations and implement and execute upon our strategic growth strategy.  In addition, until such time as the acquisition audits are completed and filed with the SEC, we are also unable to pursue the quotation of our common stock in the public market.

The historic financial information for the Predecessor appearing in this report is unaudited and does not reflect the historic operations of our company.

While we are required to provide historical financial information for the Predecessor prior to the closing of the Asset Purchase Agreement in January 2016 under the applicable SEC rules, this information is unaudited.  As the audits of the acquired businesses have not been completed, there are no assurances whatsoever that the results of the audits will not materially change the unaudited financial information presented herein.  In addition, the results of operations of the Predecessor may have no bearing on our results of operations in future periods.  Readers should not place undue reliance on the unaudited historic financial information of the Predecessor contained in this report.

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

Between January 2016 and March 2016 we sold an aggregate of 224,900 shares of our common stock at a purchase price of $1.00 per share to 64 investors in a private offering.  We did not pay any commissions or finder's fees and we are using the net proceeds for working capital.

On February 23, 2016 we agreed to issue the Empire Retainer Warrant described in Item 5 below.  As of the filing date of this report we have not yet issued the warrant.  We will file a copy of the warrant, once issued, in a subsequent filing by us with the SEC.

On March 1, 2016 we agreed to issue the Hanover Warrant described in Item 5 below.  As of the filing date of this report we have not yet issued the warrant.  We will file a copy of the warrant, once issued, in a subsequent filing by us with the SEC.

Item 3.Defaults Upon Senior Securities.

None.

Item 4.Mine Safety Disclosures.

Not applicable to our company's operations.

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Item 5.Other Information.

On February 23, 2016 we entered into a Commercial Debt Financing Agreement with Empire Global Advisory Services, LLC ("Empire") pursuant to which we engaged Empire to assist us in finding non-securitized debt financings.  Under the terms of this agreement, we agreed to pay Empire a non-refundable retainer in the form of a warrant to purchase 50,000 shares of our common stock at a total cashless exercise price of $50.00 (the "Empire Retainer Warrant"), which will be exercisable for a five-year term commencing nine months after the date of the agreement.  In the event Empire directly or indirectly introduces us to a financing, we agreed to pay it a finder's fee of 5% of the committed financing.  At such time as we receive a written commitment for a financing of at least $850,000, we are obligated to issue Empire an additional warrant to purchase 200,000 shares of our common stock for an aggregate purchase price of $200.00 (the "Empire Success Warrant").  Our obligation to pay the finder's fee and issue the Empire Success Warrant runs for a 24-month period following the termination of the Commercial Debt Financing Agreement.  The agreement contains customary confidentiality, non-circumvention and indemnification provisions.

On March 1, 2016 we entered into a Service Agreement with Hanover International, Inc. ("Hanover") pursuant to which we engaged Hanover to provide certain investor relations and corporate advisory services.  The term of the agreement is for 12 months subject to early cancellation provisions.  As compensation for the services, we agreed to pay Hanover a monthly cash retainer of $3,500 for the first six months of the engagement which automatically increases to $5,000 per month thereafter for the balance of the term.  As additional compensation we agreed to issue Hanover cashless warrants to purchase up to 500,000 shares of our common stock, vesting quarterly in arrears at the rate of 125,000 warrants per quarter (the "Hanover Warrant").  Hanover is responsible for its expenses in rendering the services to us, subject to any reimbursement by us.  The agreement contains nondisclosure and indemnification provisions.  The foregoing summary of the terms and conditions of the Service Agreement is qualified in its entirety by reference to the agreement, a copy of which is filed as Exhibit 10.14 to this report.

On June 2, 2016 we entered into the First Amendment to the Asset Purchase Agreement with West Boynton Auto Service, Inc. d/b/a Hagen Ranch Texaco, a Florida corporation, Spanish River Service, Inc. d/b/a Jupiter Farms Chevron, a Florida corporation, and Seeliva Industries, Inc. d/b/a Wellington BP (the "First Amendment").  The First Amendment (i) extended the due date of the payment for the inventory purchased in the transaction to June 15, 2016, and (ii) the closing dates of the transaction were amended to January 14, 2016 with respect to the Wellington and Jupiter Farms Locations and January 15, 2016 with respect to the Hagen Ranch Location.  The foregoing summary of the terms and conditions of the First Amendment is qualified in its entirety by reference to the agreement, a copy of which is filed as Exhibit 10.15 to this report.

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Item 6.Exhibits.

No.	Description
10.14	Service Agreement dated March 1, 2016 by and between On The Move Corporation and Hanover International, Inc.
10.15	First Amendment to Asset Purchase Agreement dated June 2, 2016 by and among On The Move Corporation, West Boynton Auto Service, Inc., Spanish River Service, Inc. and Seeliva Industries, Inc.
31.1	Rule 13a-14(a)/ 15d-14(a) Certification of Chief Executive Officer *
31.2	Rule 13a-14(a)/ 15d-14(a) principal financial and accounting officer*
32.1	Section 1350 Certification of Chief Executive Officer and principal accounting and financial officer*
101.INS	XBRL Instance Document*
101.PRE	XBRL Taxonomy Extension Presentation Linkbase *
101.LAE	XBRL Taxonomy Extension Label Linkbase *
101.DEF	XBRL Taxonomy Extension Definition Linkbase *
101.SCH	XBRL Taxonomy Extension Schema *

*filed herewith

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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.

	ON THE MOVE CORPORATION
June 10, 2016	By:	/s/ Richard Reitano
		Richard Reitano, Chief Executive Officer

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Index to Exhibits

No.	Description
10.14	Service Agreement dated March 1, 2016 by and between On The Move Corporation and Hanover International, Inc.
10.15	First Amendment to Asset Purchase Agreement dated June 2, 2016 by and among On The Move Corporation, West Boynton Auto Service, Inc., Spanish River Service, Inc. and Seeliva Industries, Inc.
31.1	Rule 13a-14(a)/ 15d-14(a) Certification of Chief Executive Officer *
31.2	Rule 13a-14(a)/ 15d-14(a) principal financial and accounting officer*
32.1	Section 1350 Certification of Chief Executive Officer and principal accounting and financial officer*
101.INS	XBRL Instance Document*
101.PRE	XBRL Taxonomy Extension Presentation Linkbase *
101.LAE	XBRL Taxonomy Extension Label Linkbase *
101.DEF	XBRL Taxonomy Extension Definition Linkbase *
101.SCH	XBRL Taxonomy Extension Schema *

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EX-10.14

INTERNATIONAL, INC.

Exhibit 10.14

SERVICE AGREEMENT

THIS AGREEMENT (the "Agreement") is made and entered into this 1st of March, 2016 by and between HANOVER INTERNATIONAL, INC., located at 61691 Topaz Drive, LaQuinta, California 92253, (hereinafter referred to as "HANOVER"), and ON THE MOVE CORPORATION located at 12355 Hagen Ranch, Suite 604, Boynton Beach, Florida, 33437, (hereinafter referred to as the "Company") .

WITNESSETH:

For and consideration of the mutual promises and covenants contained herein, the parties hereto agree as follows:

1)EMPLOYMENT

Company hereby hires and employs HANOVER as an independent contractor, and HANOVER does hereby accept its position as an independent contractor to the Company upon the terms and conditions hereinafter set forth.

2)TERM

The term of this Agreement shall be for 12 months and is cancellable within the first 90 days with a 3 day written notice. Otherwise, this Agreement is cancellable anytime with a 30 days written notice after the first ninety (90) days of representation. If any party elects to exercise its right to cancel, then a termination of service notice must be provided to all parties in writing, as specified above, and prior to the desired termination date.

Exhibit 10.14 -- Page 1 of 10

3)DUTIES AND OBLIGATIONS OF HANOVER

a) HANOVER will review and analyze various aspects of the Company's goals and make recommendations on the feasibility and achievement of desired goals.

b) HANOVER will provide all services as defined in the Scope of Services (Exhibit 1).

c) ALL HANOVER-PREPARED DOCUMENTATION CONCERNING THE COMPANY, INCLUDING, BUT NOT LIMITED TO, INFORMATIONAL WRITE-UPS, NEWS ANNOUNCEMENTS, SHAREHOLDER LETTERS, ET AL, SHALL BE PREPARED BY HANOVER USING MATERIALS SUPPLIED TO IT BY THE COMPANY AND SHALL BE APPROVED BY THE COMPANY PRIOR TO DISSEMINATION BY HANOVER.

4)HANOVER'S COMPENSATION

For the services listed herein, HANOVER would be entitled to receive compensation as stated below. HANOVER's compensation is fee-based and will not be percentage-based in relation to any type of securities offering that may be undertaken by the Company or in relation to sales of its products and services by the Company to sources first introduced to it by HANOVER.

• Month 1-6: A cash monthly retainer of $3,500 with the first monthly payment due upon execution of the Service Agreement; and subsequent monthly payments of $3,500 due every 30 days thereafter.

• Month 7-12: Beginning on the seventh month anniversary of the Service Agreement execution date, the cash monthly retainer shall increase from $3,500 to $5,000.

• Based on On The Move currently having approximately 52 million+ shares issued and outstanding, Hanover shall be entitled to earn 500,000 cashless warrants. These warrants shall be issuable in warrant tranches on a quarterly basis. The first tranche of 125,000 warrants shall be earned and issuable on the 91st day following the execution of the Service Agreement and subsequent tranches of 125,000 warrants shall be issuable every 90 days thereafter. In the event the Company elects early termination, then Hanover's right to any quarterly tranches of warrants that have not been earned and issued as described above will be deemed null and void.

• HANOVER agrees to vote their shares at the recommendation of the Board of Directors and allows the Company's management to vote their shares in their place in the event HANOVER cannot be reached within 10 days of a proxy vote or solicitation for an action by written consent of the shareholders without a meeting.

Exhibit 10.14 -- Page 2 of 10

5)HANOVER EXPENSES AND COSTS

Hanover shall pay all reasonable costs and expenses incurred by HANOVER, its directors, officers, employees and agents, in carrying out its duties and obligations pursuant to the provisions of this Agreement excluding HANOVER's general and administrative expenses and costs, but including and not limited to the following costs and expenses; provided all costs and expense items in excess of $1.00 (One Dollar) must be approved by the Company in writing prior to HANOVER's incurrence of the same:

a) Seminars,expositions, money and investment conferences.

b) Expenses related to travel, hotel accommodations, et al, when HANOVER is conducting business outside of the office on behalf of the Company.

c) Radio and television time and print media advertising costs, when/if applicable.

d) Subcontract fees and costs incurred in preparation of independent third party research reports, when/if applicable.

e) Cost of on-site due diligence meetings, if applicable.

f) Printing and publication costs of brochures and marketing materials, which are not supplied by the Company.

g) Corporate web site development costs.

h) Printing and publication costs of Company annual reports, quarterly reports, and/or other shareholder communication collateral material, which is not supplied by the Company.

6)COMPANY'S DUTIES AND OBLIGATIONS

Company shall have the following duties and obligations under this Agreement:

a) Cooperate fully and timely with HANOVER so as to enable HANOVER to perform its obligations under this Agreement.

b) The Company will act diligently and promptly in reviewing materials submitted to it from time to time by HANOVER and inform HANOVER of any inaccuracies contained therein prior to the dissemination of such materials.

c) Promptly give written notice to HANOVER of any change in the Company's financial condition or in the nature of its business or operations, which had or might have an adverse material effect on its operations, assets, properties or prospects of its business.

d) Promptly pay all Company pre-approved costs and expenses incurred by HANOVER under the provisions of this Agreement when presented with invoices for the same by HANOVER.

Exhibit 10.14 -- Page 3 of 10

e) Give full disclosure of all material facts concerning the Company to HANOVER and update such information on a timely basis.

f) Promptly pay the compensation due HANOVER under the provisions of this Agreement, and as defined in Section 4 and Section 5 (if and when applicable) herein.

7)NONDISCLOSURE

Except as may be required by law,the Company,its officers,directors,employees, agents and affiliates shall not disclose the contents and provisions of this Agreement to any individual or entity without HANOVER 's express written consent subject to disclosing same further to Company counsel, accountants and other persons performing investment banking,financial, or related functions for the Company.

Except as may be required by law,the HANOVER,its officers,directors, employees, agents and affiliates shall not disclose the contents and provisions of this Agreement to any individual or entity without the Company's express written consent subject to disclosing same further to HANOVER counsel, accountants and other persons performing investment banking,financial,or related functions for HANOVER.

Both the Company and HANOVER shall instruct its officers, directors, employees, agents and affiliates of this obligation. HANOVER understands that the Company may give HANOVER access to information that Company has identified as confidential (the "Confidential Information"). Confidential Information will be clearly marked by the Company or will be information that the Company has reasonably attempted, orally or in writing, to indicate as "confidential," or information that HANOVER should reasonably recognize to be confidential from the contents or context of the disclosure.

HANOVER may use Confidential Information of the Company only in connection with the services provided hereby. HANOVER will not, at any time, use the Confidential Information of the Company in any fashion, form, or manner, except in furtherance of the purpose described above.

HANOVER will protect the confidentiality of the Company's Confidential Information in the same manner it protects the confidentiality of its own proprietary and confidential information of like kind. Access to the Confidential Information shall be restricted to those of the HANOVER's personnel engaged in a use permitted hereby.HANOVER may disclose the Confidential Information to its advisors, agents and representatives (collectively, its "Representatives") who need to know the Confidential Information for the purpose described above.

Confidential Information disclosed hereunder shall at all times remain, as between the parties, the property of the Company.Neither this Agreement, nor any disclosure of Confidential Information hereunder, shall be construed to grant a license under any trade secrets,copyrights, or other rights granted by the Company.

Exhibit 10.14 -- Page 4 of 10

Confidential Information of the Company may not be copied or reproduced by HANOVER without the prior written consent of the Company. All Confidential Information made available hereunder, including copies thereof, shall be returned to Company upon the first to occur of (a) completion of the purpose referred to above or ( b) request by the Company.

Although Company has endeavored to provide accurate and complete Confidential Information, which it believes relevant for, the purpose described above, HANOVER understands and agrees that the Company makes no representation or warranty, either express or implied,as to the accuracy completeness of the Confidential Information.HANOVER agrees that the Company shall have no liability to the HANOVER resulting from the use of the Confidential Information.

Nothing in this Agreement shall prohibit or limit either party's use of information (including but not limited to ideas,concepts,know-how, techniques,and methodologies): (i) information that at the time of disclosure or thereafter is generally available to or known by the public (other than as a result of its disclosure by HANOVER or its Representatives in breach of this Agreement); (ii) information that was available or known to HANOVER prior to disclosure by the Company; (iii) information made available to HANOVER from a person or entity who,to HANOVER's knowledge, was not prohibited from disclosing it; and (iv) information that HANOVER holds or develops independently of the Company.

If HANOVER receives a subpoena or other validly issued administrative or judicial process demanding Confidential Information of the Company, HANOVER shall promptly notify the Company and tender to it the defense of such demand. Unless the demand shall have been timely limited, quashed or extended, HANOVER shall thereafter be entitled to comply with such demand to the extent permitted by law. If requested by the Company, to whom the defense has been tendered, HANOVER shall cooperate (at the expense of HANOVER) in the defense of a demand.

Exhibit 10.14 -- Page 5 of 10

8) COMPANY'S DEFAULT

In the event of any default in the payment of HANOVER's compensation to be paid to it pursuant to this Agreement, or any other charges or expenses on the Company's part to be paid or met, or any part or installment thereof, at the time and in the manner herein prescribed for the payment thereof and as and when the same becomes due and payable, and such default shall continue for five (5) business days after HANOVER ' s written notice thereof is received by Company; in the event of any material default in the performance of any of the other covenants, conditions, restrictions, agreements, or other provisions herein contained on the part of the Company to be performed, kept, complied with or abided by, and such default shall continue for five (5) business days after HANOVER has given Company written notice thereof, or if a petition in bankruptcy is filed by the Company, or if the Company is adjudicated bankrupt, or if the Company shall compromise all its debts or assign over all its assets for the payment thereof, or if a receiver shall be appointed for the Company's property,then upon the happening of any of such events,HANOVER shall have the right, at its option, forthwith or thereafter to accelerate all compensation, costs and expenses due or coming due hereunder and to recover the same from the Company by suit or otherwise and further, to terminate this Agreement. The Company covenants and agrees to pay all reasonable attorney fees, paralegal fees, costs and expenses due of HANOVER, including court costs, (including such attorney fees, paralegal fees, costs and expenses incurred on appeal) if HANOVER employs an attorney to collect the aforesaid amounts or to enforce other rights of HANOVER provided for in this Agreement in the event of any default as set forth above and HANOVER prevails in such litigation.

9)COMPANY'S REPRESENTATIONS ANDWARRANTIES

The Company represents and warrants to HANOVER for the purpose of inducing HANOVER to enter into and consummate this Agreement as follows:

a) The Company has the power and authority to execute, deliver and perform under this Agreement.

b) The execution and delivery by the Company of this Agreement have been duly and validly authorized by all requisite action by the Company. No license, consent or approval of any form is required for the Company's execution and delivery of this Agreement.

c) No representation or warranty by the Company in this Agreement and no information in any statement, certificate, exhibit, schedule or other document furnished, or to be furnished by the Company to HANOVER pursuant hereto, or in connection with the transactions contemplated hereby, contains or will contain any untrue statement of a material fact, or omits or will omit to state a material fact necessary to make the statements contained herein or therein not misleading. There is no fact which the Company has not disclosed to HANOVER, in writing, or in SEC filings or news announcements which materially adversely affects, nor, so far as the Company can now reasonably foresee, may adversely affect the business, operations, prospects, properties, assets, profits or condition (financial or otherwise) of the Company. IN NO EVENT WILL THE COMPANY BE LIABLE FOR ANY INDIRECT, SPECIAL OR CONSEQUENTIAL DAMAGES NOR FOR ANY CLAIM AGAINST HANOVER BY ANY PERSON OR ENTITY ARISING FROM OR IN ANY WAY RELATED TO THIS AGREEMENT.

Exhibit 10.14 -- Page 6 of 10

d) The Company acknowledges that neither HANOVER nor Hanover International, Inc. is a registered broker dealer and will not partake in the following activities:

i)Provide evaluations;

ii)Negotiate or advise to the structure or terms of a security offering;

iii)Participate in negotiations with third party investors;

iv)Perform due diligence for broker dealers;

v)Participate in the preparation or distribution of documents relating to a securities offering;

vi) Accept any form of finder and/or referral fees related to a securities offering that may be undertaken by the Company; and/or

vii) Participate in securities distribution.

10)HANOVER'S REPRESENTATIONS AND WARRANTIES

HANOVER represents and warrants to the Company for the purpose of inducing the Company to enter into and consummate this Agreement as follows:

a) HANOVER has the power and authority to execute, deliver and perform under this Agreement.

b) The execution and delivery by HANOVER of this Agreement have been duly and validly authorized by all requisite action by HANOVER. No license, consent or approval of any form is required for HANOVER's execution and delivery of this Agreement.

c) HANOVER will not disseminate any documentation or statements concerning the Company unless approved by the Company,

d) HANOVER will not make any representations regarding the Company that are not approved by the Company.

11)INDEMNITY

HANOVER agrees to indemnify, defend and hold the Company, its officers, directors, agents, employees and other related parties (collectively, the "Company Indemnified Parties") harmless from and against any and all liabilities, damages, losses, expenses, claims, demands, suits, fines, or judgments, including without limitation reasonable attorneys' fees, costs and expenses, incidental thereto, which may be suffered by, accrued against, charged to or recoverable from any Company Indemnified Party, relating to any third-party claim which arises from or relates to a breach of a representation or warranty of HANOVER contained herein.

Exhibit 10.14 -- Page 7 of 10

12)HANOVER'S DEFAULT

In the event of any default in the performance by HANOVER pursuant to this Agreement and such default shall continue for five (5) business days after the company's written notice thereof is received by HANOVER; in the event of any default in the performance of any of the other covenants, conditions, restrictions, agreements, or other provisions herein contained on the part of HANOVER to be performed, kept, complied with or abided by, and such default shall continue for five (5) business days after Company has given HANOVER written notice thereof, or if a petition in bankruptcy is filed by HANOVER, or if HANOVER is adjudicated bankrupt, or if HANOVER shall compromise all its debts or assign over all its assets for the payment thereof, of if a receiver shall be appointed for HANOVER ' s property, then upon the happening of any of such events, the Company shall have the right, at its option, forthwith or thereafter to get back all of its money from HANOVER by suit or otherwise and further, to terminate this Agreement. HANOVER covenants and agrees to pay all reasonable attorney fees, paralegal fees, costs and expenses due of the Company, including court costs (including such attorney fees, paralegal fees, costs and expenses incurred on appeal) if the Company employs an attorney to collect the aforesaid amounts or to enforce other rights of the Company provided for in this Agreement in the event of any default as set forth above and the Company prevails in such litigation.

13) LIMITATION OF HANOVER LIABILITY

If HANOVER fails to perform its services hereunder, its entire liability to the Company, other than liability under Section 12 hereof, shall not exceed the amount of cash compensation HANOVER has received from the Company under Section 4 of this Agreement. EXCEPT WITH RESPECT TO LIABILITY PURSUANT TO SECTION 10(B), IN NO EVENT WILL HANOVER BE LIABLE FOR ANY INDIRECT, SPECIAL OR CONSEQUENTIAL DAMAGES NOR FOR ANY CLAIM AGAINST THE COMPANY BY ANY PERSON OR ENTITY ARISING FROM OR IN ANY WAY RELATED TO THIS AGREEMENT, UNLESS SUCH DAMAGES RESULT FROM THE USE, BY HANOVER, OF INFORMATION NOT AUTHORIZED BY THE COMPANY.

14)MISCELLANEOUS

a) Notices. Any notice or other communication required or permitted to be given hereunder shall be in writing and shall be deemed to have been duly given when delivered personally, or sent by registered or certified mail, return receipt requested, postage prepaid to the parties, or sent by a nationally recognized overnight carrier hereto at their addresses first above written. Either party may change his or its address for the purpose of this paragraph by written notice similarly given.

b) Entire Agreement. This Agreement represents the entire agreement between the Parties in relation to its subject matter and supersedes and voids all prior agreements between such Parties relating to such subject matter.

c) Amendment of Agreement. This Agreement may be altered or amended, in whole or in part, only in writing signed by both Parties.

Exhibit 10.14 -- Page 8 of 10

d) Waiver. No waiver of any breach or condition of this Agreement shall be deemed to be a waiver of any other subsequent breach or condition, whether of a like or different nature, unless such shall be signed by the person making such waiver and/or which so provides by its terms.

e) Captions. The captions appearing in this Agreement are inserted as a matter of convenience and for reference and in no way affect this Agreement, define, limit or describe its scope or any of its provisions.

f) Situs. This Agreement shall be governed by and construed in accordance with the laws of the State of California. Venue for any dispute arising relating to this agreement shall be located exclusively in Santa Monica, California.

g) Benefits. This Agreement shall inure to the benefit of and be binding upon the Parties hereto, their heirs, personal representatives, successors and assigns.

h) Severability. If any provision of this Agreement shall be held to be invalid or unenforceable,such invalidity or unenforceability shall attach only to such provision and shall not in any way render invalid or unenforceable any other provisions of this Agreement, and this Agreement shall be carried out as if such invalid or unenforceable provision were not contained herein.

i) Currency. In all instances, references to monies used in this Agreement shall be deemed to be United States dollars.

j) Multiple Counterparts. This Agreement may be executed in any number of counterparts, each of whichshall be deemed an original, andall of such counterparts shall constitute one ( 1) instrument.

Exhibit 10.14 -- Page 9 of 10

IN WITNESS WHEREOF, the Parties have executed this Agreement on the day and year as follows:

CONFIRMED AND AGREED ON THIS 1st DAY OF MARCH 2016.

HANOVER INTERNATIONAL, INC.

By:/s/ James E. Hock

HANOVER OfficerWitness

James E. HockKathryn Cusumano

Print NamePrint Name

s/s Russell Parker EVP

Print Name

Exhibit 10.14 -- Page 10 of 10

EX-10.15

Exhibit 10.15

FIRST AMENDMENT

TO

ASSET PURCHASE AGREEMENT

This First Amendment ("Amendment"), dated the 2nd of June, 2016, to that certain Asset Purchase Agreement (the "Asset Purchase Agreement"), entered into as of the 28^th day of January, 2016, by and among On the Move Corporation, a Nevada corporation with its principal place of business at 12355 Hagen Ranch Road, Suite 604, Boynton Beach, Florida 33437 ("Purchaser"), West Boynton Auto Service, Inc. d/b/a Hagen Ranch Texaco, a Florida corporation ("Hagen Ranch"), Spanish River Service, Inc. d/b/a Jupiter Farms Chevron, a Florida corporation ("Jupiter Farms") and Seeliva Industries, Inc. d/b/a Wellington BP ("Wellington" and, together with Hagen Ranch and Jupiter Farms, "Sellers"), is entered into by and among Purchaser and the Sellers.

RECITALS

WHEREAS, Purchaser and Sellers previously entered into the Original Asset Purchase Agreement; and

 WHEREAS, Purchasers and Sellers have agreed to amend and modify the Original Asset Purchase Agreement, subject to the terms and conditions set forth herein;

NOW, THEREFORE, in consideration of the mutual covenants and agreements set forth herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows:

 1.Amendment to Section 1.2.2.  Section 1.2.2 of the Asset Purchase Agreement is hereby deleted in its entirety and replaced with the following:

"1.2.2.  Motor Fuel Inventory.  There shall be a cash payment to Seller for the cost of motor fuel and other inventory on hand as calculated as of the time of Closing.  The cost of cigarettes and other tobacco products, beer and wine shall be equal to Seller's cost.  The cost of fuel shall be equal to Seller's day of delivery cost.  The cost of all other merchandise shall be equal to seventy percent (70%) of retail price.  Payment shall be made to Seller in cash or other immediately available funds on or prior to June 15, 2016."

2.Amendment to Section 5.1.  Section 5.1 of the Asset Purchase Agreement is hereby deleted in its entirety and replaced with the following:

"5.1.  Closing.  Notwithstanding anything contained herein to the contrary, the effective date of the consummation of the transaction contemplated under this Agreement (the "Closing") shall be: (a) January 14, 2016 with respect to the Jupiter Farms Wellington Locations and (b) January 15, 2016 with respect to the Hagan Ranch Location."

Exhibit 10.15 -- Page 1

3.Effect of Amendment.  The Asset Purchase agreement, as amended by this Amendment, remains and continues in full force and effect, constitutes legal, valid, and binding obligations of each of the parties, and is in all respects agreed to, ratified, and confirmed. Any reference to the Asset Purchase Agreement after the date of this Amendment is deemed to be a reference to the Asset Purchase Agreement as amended by this Amendment. If there is a conflict between the terms of this Amendment and the Asset Purchase Agreement, the terms of this Amendment shall control. No forbearance or waiver may be implied by this Amendment. Except as expressly set forth herein, the execution, delivery, and performance of this Amendment shall not operate as a waiver of, or as an amendment to, any right, power, or remedy of any of the parties under the Asset Purchase Agreement, as in effect prior to the date hereof.

4.Governing Law.  This Agreement shall be governed by and construed in accordance with the internal laws of the state of Florida without giving effect to any choice or conflict of law provision or rule (whether of the state of Florida or any other jurisdiction) that would cause the application of laws of any jurisdiction other than those of the state of Florida.

5.Severability.  The provisions of this Amendment are severable.  If any provision or the scope of any provision is found to be unenforceable or is modified by a court of competent jurisdiction, the other provisions or the affected provisions as so modified shall remain fully valid and enforceable.

6.Counterparts and Facsimiles.  This Amendment may be executed, including execution by facsimile or electronic signature, in one or more counterparts, each of which shall be deemed an original, and all of which together shall be deemed to be one and the same instrument.

[Signature page follows.]

Exhibit 10.15 -- Page 2

IN WITNESS WHEREOF, the parties to this Amendment have caused this Amendment to be executed as of the date first written above and, where applicable, by their respective duly authorized officers.

Purchaser:
On the Move Corporation
/s/ Richard Reitano
By: Richard Reitano
Title: Chief Executive Officer
Sellers
West Boynton Auto Service, Inc.	Spanish River Service, Inc.
/s/ Jay Seewald	/s/ Jay Seewald
By: Jay Seewald	By: Jay Seewald
Title: President	Title:  President
Seeliva Industries, Inc.
/s/ Jay Seewald
By: Jay Seewald
Title: President

Exhibit 10.15 -- Page 3

EX-31.1

EXHIBIT 31.1

Rule 13a-14(a)/15d-14(a) Certification

I, Richard Reitano, certify that:

1. I have reviewed this report on Form 10-Q for the period ended March 31, 2016 of On The Move Corporation;

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(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a)	Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
(b)	Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
(c)	Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
(d)	Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

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

(a)	All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and
(b)	Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

	/s/ Richard Reitano
Dated:  June 10, 2016	Richard Reitano, Chief Executive Officer, principal executive officer

EX-31.2

EXHIBIT 31.2

Rule 13a-14(a)/15d-14(a) Certification

I, Richard Reitano, certify that:

1. I have reviewed this report on Form 10-Q for the period ended March 31, 2016 of On The Move Corporation;

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(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a)	Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
(b)	Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
(c)	Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
(d)	Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

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

(a)	All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and
(b)	Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Dated: June 10, 2016	/s/ Richard Reitano
	Richard Reitano, principal financial and accounting officer

EX-32.1

EXHIBIT 32.1

Section 1350 Certification

In connection with the Quarterly Report of On The Move Corporation (the "Company") on Form 10-Q for the period ended March 31, 2016 as filed with the Securities and Exchange Commission (the "Report"), I, Richard Reitano, Chief Executive Officer and principal financial and accounting officer of the Company, do hereby certify, pursuant to 18 U.S.C. § 1350, as adopted pursuant to § 906 of the Sarbanes-Oxley Act of 2002, that:

1. The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended, and

2. The information contained in the Report fairly presents, in all material respects, the financial conditions and results of operations of the Company.

	/s/ Richard Reitano
June 10, 2016	Richard Reitano, Chief Executive Officer, principal executive officer, principal financial and 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 has been provided to the Company and will be retained by the Company and furnished to the Securities and Exchange Commission or its staff upon request.

XML

Document and Entity Information - shares	9 Months Ended
	Mar. 31, 2016	May. 24, 2016
Document And Entity Information
Entity Registrant Name	On the Move Corp.
Entity Central Index Key	0001611742
Document Type	10-Q
Document Period End Date	Mar. 31, 2016
Amendment Flag	false
Current Fiscal Year End Date	--06-30
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	No
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		51,181,334
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2015

XML

Balance Sheets (Unaudited) - USD ($)	Mar. 31, 2016	Jun. 30, 2015
Related party payables	$ 338,600
Series A Preferred Stock [Member]
Stockholders' equity (deficit)
Series A convertible preferred stock, $0.0001 par value, $1.25 stated value; 2,000,000 shares designated, 2,000,000 and 0 shares issued and outstanding at December 31, 2015 and June 30, 2015, respectively	200
Series B Preferred Stock [Member]
Series B convertible preferred stock, net of discount, $0.0001 par value, $1 stated value; 8,000,000 shares designated, 1,099,434 issued and outstanding	1,020,467
Successor Member
Cash	360,054
Accounts receivable	$ 20,876
Receivable from parent company
Related party receivable
Inventory	$ 489,483
Total current assets	870,413
Deposit	113,068
Deferred financing costs	6,786
Goodwill	$ 3,480,524
Noncurrent assets from discontinued operations
Total assets	$ 4,470,791
Bank overdraft
Accounts payable and accrued expenses	$ 590,126
Related party payables	1,989,021
Series B convertible preferred stock, net of discount, $0.0001 par value, $1 stated value; 8,000,000 shares designated, 1,099,434 issued and outstanding	1,020,467
Total current liabilities	3,599,614
Deferred rent liability	$ 28,195
Related party loans
Noncurrent liabilities from discontinued operations
Total liabilities	$ 3,627,809
Stockholders' equity (deficit)
Preferred stock, undesignated, $0.0001 par value; 15,000,000 shares authorized
Series A convertible preferred stock, $0.0001 par value, $1.25 stated value; 2,000,000 shares designated, 2,000,000 and 0 shares issued and outstanding at December 31, 2015 and June 30, 2015, respectively	$ 200
Common stock, $0.0001 par value; 100,000,000 shares authorized; 51,181,334 shares issued and outstanding	5,118
Additional paid in capital	1,728,719
Accumulated deficit	(891,055)
Total stockholders' equity (deficit)	842,982
Total liabilities and stockholders' equity (deficit)	$ 4,470,791
Predecessor Member
Cash		$ 207,905
Accounts receivable		74,800
Receivable from parent company		1,446,435
Related party receivable		455,150
Inventory		292,234
Total current assets		2,476,524
Deposit		$ 281,080
Deferred financing costs
Goodwill
Noncurrent assets from discontinued operations		$ 3,406,793
Total assets		6,164,397
Bank overdraft		1,598
Accounts payable and accrued expenses		268,372
Related party payables		$ 84,013
Series B convertible preferred stock, net of discount, $0.0001 par value, $1 stated value; 8,000,000 shares designated, 1,099,434 issued and outstanding
Total current liabilities		$ 353,983
Deferred rent liability
Related party loans		$ 1,886,254
Noncurrent liabilities from discontinued operations		1,937,767
Total liabilities		$ 4,178,004
Stockholders' equity (deficit)
Preferred stock, undesignated, $0.0001 par value; 15,000,000 shares authorized
Series A convertible preferred stock, $0.0001 par value, $1.25 stated value; 2,000,000 shares designated, 2,000,000 and 0 shares issued and outstanding at December 31, 2015 and June 30, 2015, respectively
Additional paid in capital		$ 93,559
Accumulated deficit		1,892,834
Total stockholders' equity (deficit)		1,986,393
Total liabilities and stockholders' equity (deficit)		$ 6,164,397

XML

Balance Sheets (Parenthetical) - $ / shares	Mar. 31, 2016	Jun. 30, 2015
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, authorized shares	25,000,000	25,000,000
Preferred stock, issued shares	2,000,000	2,000,000
Preferred stock, outstanding shares	2,000,000	2,000,000
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, authorized shares	100,000,000	100,000,000
Common stock, issued shares	49,857,000	40,727,000
Common stock, outstanding shares	49,857,000	40,727,000
Series A Preferred Stock [Member]
Preferred stock, par value	$ 0.0001
Preferred stock, stated value	$ 1.25
Preferred stock, authorized shares	2,000,000
Preferred stock, issued shares	2,000,000
Preferred stock, outstanding shares	2,000,000
Series B Preferred Stock [Member]
Preferred stock, par value	$ 0.0001
Preferred stock, stated value	$ 1.00
Preferred stock, authorized shares	8,000,000
Preferred stock, issued shares	1,099,434
Preferred stock, outstanding shares	1,099,434

XML

Statements of Operations (Unaudited) - USD ($)		3 Months Ended		6 Months Ended	9 Months Ended
	Jan. 13, 2016	Mar. 31, 2016	Mar. 31, 2015	Jan. 13, 2016	Mar. 31, 2015
Successor Member
Revenues
Fuel		$ 4,151,825
Nonfuel		2,342,467
Total revenues		6,494,292
Costs and operating expenses
Fuel cost of goods sold		3,692,395
Nonfuel cost of goods sold		1,709,221
Station and other operating expenses		1,181,599
General and administrative		335,896
Professional fees		84,592
Total costs and operating expenses		7,003,703
Net income (loss) from continuing operations		$ (509,411)
Discontinued operations:
Loss from discontinued operations
Net income (loss)		$ (509,411)
Basic and diluted loss per common share		$ (0.01)
Basic and diluted weighted average shares outstanding		51,180,094
Predecessor Member
Revenues
Fuel	$ 591,173		$ 5,108,018	$ 10,107,121	$ 17,824,162
Nonfuel	391,017		1,994,122	4,249,402	5,546,132
Total revenues	982,190		7,102,140	14,356,523	23,370,294
Costs and operating expenses
Fuel cost of goods sold	475,899		4,769,769	9,138,679	16,697,449
Nonfuel cost of goods sold	312,800		1,383,874	2,827,679	3,812,518
Station and other operating expenses	$ 108,687		$ 664,042	$ 1,519,465	$ 1,721,503
General and administrative
Professional fees	$ 277		$ 4,430	$ 13,861	$ 11,815
Total costs and operating expenses	897,663		6,822,115	13,499,684	22,243,285
Net income (loss) from continuing operations	84,527		280,025	856,839	1,127,009
Discontinued operations:
Loss from discontinued operations	$ 20,159		$ 148,861	332,882	446,584
Net income (loss)				$ 523,957	$ 680,425

XML

Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended	6 Months Ended	9 Months Ended
	Mar. 31, 2016	Jan. 13, 2016	Mar. 31, 2015
Supplemental disclosure of noncash operating and financing activities:
Increase in related party payable from contribution of inventory	$ (332,355)
Successor Member
Cash flows used in operating activities
Net income (loss)	(509,411)
Non cash adjustments
Warrant expense	41,667
Changes in operating assets and liabilities
Deferred rent expense	28,195
(Increase) decrease in receivables	$ (19,029)
Increase in receivable from parent company
Decrease in prepaid expenses	$ 24,268
Decrease (increase) in inventory	25,660
Increase (decrease) in accounts payable and accrued expenses	342,381
Increase in related party payable	105,737
Net cash provided by operating activities	39,468
Cash flows used in investing activities
(Increase) decrease in security deposits	(50,290)
Net cash used in investing activities	(50,290)
Cash flows from financing activities
Proceeds from sales of common stock	$ 79,600
Bank overdraft
Increase in related party loans	$ 6,245
Net cash provided by financing activities	$ 85,845
Discontinued operations
Cash provided by operating activities
Cash provided by (used in) financing activities
Net cash provided by (used in) discontinued operations
Net change in cash	$ 75,023
Cash, beginning of period	285,031
Cash, end of period	$ 360,054	$ 285,031
Supplemental cash flow information
Cash paid for interest
Cash paid for income taxes
Supplemental disclosure of noncash operating and financing activities:
Increase in related party payable from contribution of inventory	$ 332,355
Warrants issued for deferred financing costs	6,786
Common shares issued for acquisition	$ 1,020,467
Preferred shares issued for acquisition, net of discount	1,020,467
Notes issued for acquisition, net of discount	1,360,622
Acquisition of goodwill in acquisition	3,480,524
Predecessor Member
Cash flows used in operating activities
Net income (loss)		$ 523,957	$ 680,425
Non cash adjustments
Warrant expense
Changes in operating assets and liabilities
Deferred rent expense
(Increase) decrease in receivables		$ 60,124	$ (8,453)
Increase in receivable from parent company		$ (319,205)	$ (314,574)
Decrease in prepaid expenses
Decrease (increase) in inventory		$ (35,797)	$ (630)
Increase (decrease) in accounts payable and accrued expenses		$ (36,677)	$ 26,284
Increase in related party payable
Net cash provided by operating activities		$ 192,402	$ 383,052
Cash flows used in investing activities
(Increase) decrease in security deposits		(1,000)	1,200
Decrease in related party receivables		(430,000)	(205,000)
Net cash used in investing activities		$ (431,000)	$ (203,800)
Cash flows from financing activities
Proceeds from sales of common stock
Bank overdraft		$ 2,973	$ 1,068
Increase in related party loans		15,000
Net cash provided by financing activities		$ 17,973	$ 1,068
Discontinued operations
Cash provided by operating activities			92
Cash provided by (used in) financing activities		$ 210,000	(140,000)
Net cash provided by (used in) discontinued operations		210,000	(139,908)
Net change in cash		(10,625)	40,412
Cash, beginning of period	$ 197,280	207,905	225,105
Cash, end of period		197,280	265,517
Supplemental cash flow information
Cash paid for interest		$ 332,882	$ 446,584
Cash paid for income taxes
Supplemental disclosure of noncash operating and financing activities:
Increase in related party payable from contribution of inventory
Warrants issued for deferred financing costs
Common shares issued for acquisition
Preferred shares issued for acquisition, net of discount
Notes issued for acquisition, net of discount
Acquisition of goodwill in acquisition

XML

1 - Nature of Business

9 Months Ended

Mar. 31, 2016

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Nature of Business

Note 1 - Nature of Business

OTM Holdings, Inc., a Florida corporation formerly known as On the Move Corporation ("OTMH"), was incorporated in Florida in April 2014 with the principal business objective of acquiring retail gasoline stations.  The corporation authorized 36,000 shares to be issued.  In July 2014, OTMH filed an amendment to its articles of incorporation, which authorized the issuance of one hundred million shares of common stock and twenty million shares of preferred stock.  Three million preferred shares were designated as Series A, of which none were issued prior to the recapitalization described below. In November 2015, the Company changed its name to OTM Holdings, Inc.

Under a Share Exchange Agreement dated May 2, 2015, amended on September 15, 2015, and effective on November 5, 2015, On The Move Corporation ("OTM Corp" or the "Company"), a Nevada corporation formerly known as NAS Acquisition, Inc., issued an aggregate of 42,597,000 shares of its common stock for a 100% interest in OTMH.  1,800,000 shares, which were issued in error, were subsequently cancelled, resulting in a final amount of 40,797,000 shares issued. For accounting purposes, the consummation of these actions resulted in a reverse merger because the OTMH shareholders controlled OTM Corp after the share exchange. OTMH is the accounting survivor and therefore the assets, liabilities, and historical operations are those of OTMH and the capital structure has been retroactively restated to reflect the capitalization of OTM Corp.

In November 2015, OTM Corp formed OTM USA Corp. ("OTM USA"), a Florida corporation.  It is a wholly owned subsidiary of OTM Corp.

XML

2 - Going Concern

9 Months Ended

Mar. 31, 2016

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Going Concern

Note 2 - Going Concern

The Company's financial statements are prepared in accordance with generally accepted accounting principles applicable to a going concern. This contemplates the realization of assets and the liquidation of liabilities in the normal course of business. Currently, the Company has losses from inception and negative working capital. These conditions raise substantial doubt about the Company's ability to continue as a going concern. The Company will be dependent upon the raising of additional capital through placement of our common stock in order to implement its business plan. There can be no assurance that the Company will be successful in either situation in order to continue as a going concern. The officers and directors have committed to advancing certain operating costs of the Company.

XML

3 - Significant Accounting Policies

9 Months Ended

Mar. 31, 2016

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Significant Accounting Policies

Note 3 - Significant Accounting Policies

Fiscal Year

In 2015, OTMH adopted OTM Corp's fiscal year, thus changing its fiscal year-end from December 31 to June 30, effective beginning with its fiscal year ending June 30, 2015.

Principles of Consolidation

The accompanying consolidated financial statements include the accounts of On the Move Corporation and its wholly owned subsidiaries.  All significant intercompany transactions and balances have been eliminated.  The Company makes operating decisions, assesses performance and manages the business as one reportable segment.

Basis of Presentation

The accompanying unaudited financial statements have been prepared from the books and records of the Company in accordance with U.S. GAAP and Rule 10-01 of Regulation S-X promulgated by the Securities and Exchange Commission ("SEC"). Accordingly, they do not include all of the information and footnotes required by U.S. GAAP. The statements of operations for the three and nine months ended March 31, 2016 are not necessarily indicative of the results to be expected for the full year or any future interim period. These unaudited financial statements should be read in conjunction with the financial statements for the period inception through December 31, 2014 and notes thereto and other pertinent information contained in the Company's post-effective amendment for registration statement filed with the SEC on October 20, 2015. In the opinion of management, all adjustments considered necessary for a fair presentation of the results for the interim periods presented have been reflected in such financial statements.

Acquisition Reporting

As discussed in note 7, the Company entered into an Asset Purchase Agreement with West Boynton Auto Service, Inc., Spanish River Service, Inc., and Seeliva Industries, Inc., pursuant to which the Company purchased certain assets used in the operation of the retail convenience stores, which also sell motor fuels, at three locations.

The consolidated financial statements herein are presented under predecessor entity reporting and because the acquiring entity had nominal operations as compared with the acquired stations ("Predecessor Business"), prior historical information of the acquirer is not presented.

This new basis of accounting was created on January 14, 2016, the effective date of the Asset Purchase Agreement. In the following discussion, the results of operations and cash flows for the periods ended on or prior to January 13, 2016, and the financial position of the Predecessor Business as of balance sheet dates on or prior to January 13, 2016 are referred to herein as "Predecessor" financial information, and the results of operations and cash flows of the Company for periods beginning on January 14, 2016 and the financial position of the Company as of January 14, 2016 and subsequent balance sheet dates are referred to herein as "Successor" consolidated financial information.

Assets and operations for the Predecessor Business that were not acquired and liabilities of the Predecessor Business that were not assumed are classified as discontinued operations in the consolidated financial statements.

Use of Estimates

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.

Revenue Recognition

Revenues from sales of refined petroleum products sold at retail stations are recorded when the customer takes delivery at the pump. Merchandise revenues are recorded at the point of sale.

Shipping and Handling Costs

Costs incurred for the shipping and handling of motor fuel and convenience store merchandise are included in cost of goods sold in the statements of revenues and direct expenses.

Taxes Collected from Customers and Remitted to Government Authorities

Excise and other taxes collected on sales of refined products and remitted to governmental agencies are included in revenues and costs and operating expenses in the statements of revenues and direct expenses.

Vendor Allowances and Rebates

The Company's subsidiary receives payments for vendor allowances, volume rebates and other related payments from various suppliers of its convenience store merchandise. Vendor allowances for price markdowns are credited to merchandise cost of goods sold during the period the related markdown is recognized. Volume rebates of merchandise are recorded as reductions to merchandise cost of goods sold when the merchandise qualifying for the rebate is sold. Slotting and stocking allowances received from a vendor are recorded as a reduction to cost of sales over the period covered by the agreement.

Cash

The Company considers all highly liquid investments with an original maturity of three months or less to be cash equivalents. Cash and cash equivalents included cash in the bank, cash on hand and highly liquid investments.

Deposits

Refundable security deposits for a vacant land contract, water and fuel are currently being held by third parties.  Refundable security deposits of $ 42,778 for two station leases are currently being held by a related party.

Inventory

Inventories of fuel are valued at the lower of cost, generally applied on a last-in, first-out ("LIFO") basis, or market. Merchandise inventories held for resale are valued at a percentage of retail value.

Goodwill

Goodwill represents the excess of the purchase price over the fair value assigned to net tangible and identifiable intangible assets of businesses acquired and accounted for under the purchase method. Goodwill acquired in business combinations is assigned to reporting units that are expected to benefit from the synergies of the combination as of the acquisition date. The Company assesses goodwill for impairment annually during the fourth quarter, or more frequently if events and circumstances indicate impairment may have occurred. If the carrying value of a reporting unit's goodwill exceeds its implied fair value, the Company records an impairment loss equal to the difference.

Long-Lived Assets

The Company's accounting policy regarding the assessment of the recoverability of the carrying value of long-lived assets, including property and equipment and assets with finite lives, is to review the carrying value of the assets, annually, during the fourth quarter, or whenever events or changes in circumstances indicate that they may be impaired. If this review indicates that the carrying value will not be recoverable, as determined based on the projected undiscounted future cash flows, the carrying value is reduced to its estimated fair value.

Environmental liabilities

A liability for environmental matters is established when it is probable that an environmental obligation exists and the cost can be reasonably estimated. If there is a range of reasonably estimated costs, the most likely amount will be recorded, or if no amount is most likely, the minimum of the range is used. Related expenditures are charged against the liability. Environmental remediation liabilities have not been discounted for the time value of future expected payments. Environmental expenditures that have future economic benefit are capitalized.

Income Taxes

The Company accounts for income taxes under ASC 740 "Income Taxes." Under the asset and liability method of ASC 740, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statements carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period the enactment occurs. A valuation allowance is provided for certain deferred tax assets if it is more likely than not that the Company will not realize tax assets through future operations.

Earnings Per Share Information

FASB ASC 260, "Earnings Per Share" provides for calculation of "basic" and "diluted" earnings per share.  Basic earnings per share includes no dilution and is computed by dividing net income (loss) available to common shareholders by the weighted average common shares outstanding for the period.  Diluted earnings per share reflect the potential dilution of securities that could share in the earnings of an entity similar to fully diluted earnings per share.  Basic and diluted loss per share were the same at March 31, 2016 for the Successor Company, as there were no common stock equivalents outstanding.  Earnings per share information is not shown for the Predecessor Business because it consisted of three companies and presenting shares outstanding would not be meaningful.

Stock-Based Compensation

As required by the Stock Compensation Topic, ASC 718, the Company measures and recognizes compensation expense for all share-based payment awards made to employees and directors, based on estimated fair values. Stock-based compensation expense recognized in the Company's Consolidated Statements of Operations is based on awards ultimately expected to vest and, therefore, has been adjusted for estimated forfeitures. The Company is required to estimate forfeitures at the time of grant and revise the estimate, if necessary, in subsequent periods if actual forfeitures differ from those estimates. The forfeiture rate used is based on historical experience. The Company also assesses the likelihood that performance criteria associated with performance-based awards will be met. If it is determined that it is more likely than not that performance criteria will not be achieved, the Company revises its estimate of the number of shares it believes will ultimately vest.

The Company accounts for stock-based compensation issued to non-employees and consultants in accordance with the provisions of ASC 505-50, Equity – Based Payments to Non-Employees. Measurement of share-based payment transactions with non-employees is based on the fair value of whichever is more reliably measurable: (a) the goods or services received; or (b) the equity instruments issued. The fair value of the share-based payment transaction is determined at the earlier of performance commitment date or performance completion date.

Recent Accounting Pronouncements

Recent accounting pronouncements issued by the FASB (including its Emerging Issues Task Force), the AICPA, and the SEC did not, or are not believed by management to, have a material impact on the Company's present or future consolidated financial statements.

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4 - Inventory

9 Months Ended

Mar. 31, 2016

Inventory Disclosure [Abstract]

Inventory

Note 4 – Inventory

Inventory at March 31, 2016 and June 30, 2015 consisted of the following:

		Successor		Predecessor
		3/31/16		6/30/15
Fuel inventory		90,830		61,579
Merchandise inventory		376,198		230,655
Car repair parts inventory		22,455		-
Total inventory	$	489,483	$	292,234

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5 - Stockholders' Equity

9 Months Ended

Mar. 31, 2016

Equity [Abstract]

Stockholders' Equity

Note 5 - Stockholders' Equity

Preferred Stock

On January 13, 2016, the Company filed a Certificate of Amendment to its Amended and Restated Articles of Incorporation which: (i) eliminated a previously designated a series of its preferred stock, consisting of 4,000,000 shares and titled Series A Convertible Preferred Stock (the "Prior Series A Preferred"); (ii) designated a new series of its preferred stock consisting of 2,000,000 shares which was titled Series A Convertible Preferred Stock (the "New Series A Preferred"); and (iii) designated a new series of its preferred stock consisting of 8,000,000 shares which was titled Series B Convertible Preferred Stock (the "Series B Preferred").  No shares of the Prior Series A Preferred had ever been issued. The financial statements have been retrospectively adjusted to reflect these series of stock.

The authorized preferred stock of the Company consists of 25,000,000 shares with a $0.0001 par value.  15,000,000 shares are undesignated.

2,000,000 shares are designated as Series A convertible preferred stock with a $0.0001 par value and a $1.25 stated value.  2,000,000 shares were issued in conjunction with the Stewarts agreement as discussed in note 6.

8,000,000 shares are designated as Series B convertible preferred stock with a $0.0001 par value and a $1.00 stated value. 1,099,434 shares were issued in January 2016 as discussed in note 7.

Common stock

The authorized common stock of the Company consists of 100,000,000 shares with a $0.0001 par value. During the period January 14, 2016 through March 31, 2016, the Company issued 70,500 shares at $1 per share, of which 70,000 shares were sold to a related party.  Additionally, the Company collected $9,100 of subscription receivables related to share sales prior to January 14, 2016.

In July 2015, the Company issued a convertible promissory note for $50,000, 8% interest, payable on the earlier of November 20, 2015 or the date on which the Company consummates an initial public offering of its securities.  The principal balance could be prepaid at any time and the payee could exchange the note for 70,000 unrestricted common shares of the Company as payment in full. In November 2015, the Company issued 70,000 shares as payment for this note.

In January 2016, the Company issued 1,099,434 shares as discussed in note 7.  These shares have not been physically issued as of the date of this filing.

Common Stock Warrants

On February 23, 2016, the Company engaged a third party for corporate advisory services. In addition to paying a 5% finders' fee should the third party introduce the Company to financing for the Company, the engagement required a non-refundable retainer of a warrant for 50,000 common shares of the Company's common stock, exercisable any time after nine months from the date of the agreement at an exercise price of $0.001 per share, and a five year term from the date of allowed exercise.  In the event the third party is successful in obtaining a written commitment for financing for the Company of at least $850,000, an additional warrant will be issued to acquire 200,000 common shares of the Company's common stock at an exercise price of $0.001 per share, dated the date of the written financing commitment.  This additional warrant will be exercisable in whole or in part over five years from the date of issuance, but not exercisable for twelve months post issuance.  The fair value of the warrant for 50,000 common shares was determined to be $49,951 using the Black-Scholes Option Pricing Model.  The warrant for 200,000 common shares has not yet been granted and therefore no value has been assigned to it.

The significant assumptions used in the Black-Scholes Option Pricing Model during the period February 23, 2016 through March 31, 2016 were as follows:

	Range
Expected dividends	-%
Expected term (years)	2.88
Volatility	48.7%
Risk-free rate	0.88%

During the period February 23, 2016 through March 31, 2016, aggregate warrant expense was $6,786, which was capitalized as deferred financing costs. The remaining $43,165 will be capitalized as deferred financing costs over the remaining vesting period.  This amount is subject to adjustment since a measurement date has not yet been met under ASC 505-50.  Volatility of a competitor's common stock price was used instead of the Company's because of the lack of its trading history.

On March 1, 2016, the Company engaged a third party for corporate finance advisory services (the "Service Agreement").  In addition to a monthly fee, the Service Agreement also grants 500,000 cashless warrants.  These warrants shall be issuable in warrant tranches on a quarterly basis.  The first tranche of 125,000 warrants shall be earned and issuable on the 91^st day following the execution of the Service Agreement and subsequent tranches of 125,000 warrants shall be issuable every 90 days thereafter.  In the event the Company elects early termination, then the third party's right to any quarterly tranches of warrants that would have been earned and issued as described above will be deemed null and void. The fair value of the warrant for 500,000 common shares was determined to be $500,000 as this grant had the characteristics of a stock grant.

During the period March 1, 2016 through March 31, 2016, aggregate warrant expense was $41,667, which was expensed as professional fees. The remaining $458,333 will be expensed over the remaining granting period of eleven months.  This amount is subject to adjustment since a measurement date has not yet been met under ASC 505-50.

A summary of warrant activity for the period January 14, 2016 through March 31, 2016 is reflected below:

			Weighted-
			Average
	Warrants		Exercise Price
Outstanding at January 14, 2016		-	$	-
Granted		550,000		0.001
Canceled		-		-
Forfeited		-		-
Outstanding at March 31, 2016		550,000	$	0.001
Exercisable at March 31, 2016		0	$	-

The weighted average remaining life of warrants outstanding at March 31, 2016 was 2.78 years.

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6 - Commitments

9 Months Ended

Mar. 31, 2016

Commitments and Contingencies Disclosure [Abstract]

Commitments

Note 6 – Commitments

In July 2014, OTM entered into an employment agreement with the Company's CEO.  The annual base salary is $395,000 and term of employment is five years.  The CEO is entitled to participate in bonus plans as the Board shall determine from time to time.  In the first year of employment, the CEO will be entitled to receive a total annual bonus in an amount of up to $200,000, based on performance. In May 2014, the Company issued a one-time retention equity award of 1,000,000 shares of restricted stock units of common stock that vested immediately. The agreement was modified in May 2015 to be effective at the closing of the Share Exchange Agreement.  Due to the financial condition of the Company, effective as of July 2014, the Company's CEO has agreed reduce the annual base salary to $100,000 and to forego payment thereof unless and until the Company has raised a minimum of $3,000,000 or until the Company's Board of Directors believes there is sufficient cash flow with which to pay a greater salary.  At March 31, 2016, accrued compensation for the CEO, which includes salary, bonus, and related payroll taxes, totaled $129,710.

In July 2014, OTM entered into an employment agreement with the Company's President and Chief Operating Officer.  The annual base salary is $395,000 and term of employment is five years.  The President is entitled to participate in bonus plans as the Board shall determine from time to time.  In the first year of employment, the President will be entitled to receive a total annual bonus in an amount of up to $200,000, based on performance. In May 2014, the Company issued a one-time retention equity award of 1,000,000 shares of restricted stock units of common stock that vested immediately. The agreement was modified in May 2015 to be effective at the closing of the Share Exchange Agreement.  Due to the financial condition of the Company, effective as of July 2014, the Company's President and Chief Operating Officer has agreed reduce the annual base salary to $100,000 and to forego payment thereof unless and until the Company has raised a minimum of $3,000,000 or until the Company's Board of Directors believes there is sufficient cash flow with which to pay a greater salary.  At March 31, 2016, accrued compensation for the President and Chief Operating Officer, which includes salary, bonus, and related payroll taxes, totaled $129,710.

In July 2014, OTM entered into an employment agreement with the Company's Executive Vice President and Chief Branding Officer ("EVP").  The annual base salary is $300,000 and term of employment is five years.  The EVP is entitled to participate in bonus plans as the Board shall determine from time to time.  In the first year of employment, the EVP will be entitled to receive a total annual bonus in an amount of up to $200,000, based on performance. In May 2014, the Company issued a one-time retention equity award of 1,000,000 shares of restricted stock units of common stock that vested immediately. The agreement was modified in May 2015 to be effective at the closing of the Share Exchange Agreement.  Due to the financial condition of the Company, effective as of July 2014, the Company's EVP agreed reduce the annual base salary to $100,000 and to forego payment thereof unless and until the Company has raised a minimum of $3,000,000 or until the Company's Board of Directors believes there is sufficient cash flow with which to pay a greater salary.  At March 31, 2016, accrued compensation for the EVP, which includes salary, bonus, and related payroll taxes, totaled $104,338.

On September 15, 2015, OTM entered into a Lease Agreement with Automated Petroleum & Energy Company, Inc. for premises located in Lakeland, Florida.  In February 2016, the Company terminated the Lease Agreement and the Company will not move forward on this location.

On December 4, 2015, the Company entered into an Area Development Agreement with Stewart's All American Corp. ("Stewart's"), the franchisor of the Stewart's Restaurant chain. Under the terms of the agreement, the Company was granted exclusive development rights in Florida and Georgia to develop 250 stand-alone businesses and express units to be located in the Company's convenience store and gas station retail locations, which the Company is presently establishing.

Under the terms of the Area Development Agreement, the Company is obligated to open the 250 Stewart's locations within 12 years under an agreed upon timeline.  The Company will enter into separate franchise agreements for each location upon approval of the site by Stewart's.  The Company was also granted a right of first refusal for development rights in North Carolina and South Carolina during the first 12 years of the term of the agreement, together with a 24-month option for the same exclusive rights in those states at a 50% development fee and 125 locations over 12 years.

As consideration for the granting of these rights, the Company agreed to pay a non-refundable development fee of $2.5 million consisting of 2,000,000 shares of the Company's Series A convertible preferred stock which is convertible into 2,000,000 shares of the Company's common stock.  Stewart's will have the right to convert the shares of Series A convertible preferred stock into common stock at the rate of 200,000 shares every six months.  The Company also granted Stewart's piggyback registration rights for 280,000 shares of our common stock underlying a number of Series A convertible preferred stock which equals $350,000 of the stated value of the preferred stock. In determining the fair value of the shares issued, the Company determined that due to the small number of shares available for conversion every six months and the lack of dividend or voting rights, the preferred shares had little value and were booked at $0.

The Company evaluated the convertible feature of the preferred stock under ASC 815 and concluded that derivative accounting was not required, therefore the conversion feature qualified to be an equity instrument.  The Company evaluated the conversion option under ASC 470 and concluded that it was not a beneficial conversion feature.  The Company considered ASC 480 to determine if the Series A convertible preferred stock should be classified as a liability or as equity.  The Company's conclusion was that it was equity under ASC 480.

On December 17, 2015, the Company entered into two Commercial Lease Agreements with Reitano Enterprises, Inc., a corporation owned by Richard Reitano, an officer and director of the company, for the premises located at 11711 Okeechobee Boulevard, Royal Palm Beach, FL 33411 ("Okeechobee Location") and the premises located at 1201 Royal Palm Beach Boulevard, Royal Palm Beach FL 33411 ("Royal Palm Location").  Each of these lease agreements had an effective date of December 21, 2015.  Both the Okeechobee Location and Royal Palm Locations had previously been operated as convenience store/gas stations by an unaffiliated third party.  Neither store was operated by Reitano Enterprises, Inc.

The terms of each of the triple net leases for the Okeechobee Location and the Royal Palm Location are substantially similar.  The lease term is for a period of 10 years with a right to renew for an additional 10-year period.  The base rent is $256,721.16 per year, per location, payable in advance in equal monthly installments of $21,393.43 per month which includes all sales, state, property and tangible taxes and insurance.  The rent amount for each lease will be adjusted annually in accordance with any increase or decrease in the amount of property tax and insurance for the location.  The base rent will increase $3,600 per year commencing in the second year of the lease term.  The lessor may terminate the lease upon 30 days notice to OTM USA in the event the Company fails to pay the rent in a timely manner.  Security deposits of $25,000 for each lease were paid; deposits are subject to increase at the option of the lessor up to an additional $25,000 plus three months rent and seven days of projected fuel sales.  Total annual minimum lease payments going forward are $387,834 in 2016, $520,859 in 2017, $528,059 in 2018, $534,825 in 2019, $542,459 in 2020, $549,659 in 2021, $556,859 in 2022, $564,059 in 2023, $571,259 in 2024, and $561,250 in 2025.  Total rent payments aggregate $5,458,423 over the life of the lease. The Company considered the four lease classification criteria in ASC 840-20 and determined that the leases satisfied none of them and accordingly, recorded this as an operating lease and not a capital lease. Specifically, the lease is ten years, which is less than the 75% of its economic life and the present value of the lease payments is less than 90% of the stations' future value.

In accordance with ASC 840-20, the Company records rent expense on a straight-line basis over the initial term of a lease.  Rent expense in December 2015 was $12,938 but commencing in January 2016, rent expense on a straight-line basis is $22,743 per month, per station over the life of the lease.  Deferred rent liability related to these leases is $8,100 as of March 31, 2016.

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7 - Acquisition

9 Months Ended

Mar. 31, 2016

Accounting Policies [Abstract]

Acquisition

Note 7 – Acquisition

On January 28, 2016, the Company entered into an Asset Purchase Agreement with West Boynton Auto Service, Inc. d/b/a Hagen Ranch Texaco ("Hagen Ranch"), Spanish River Service, Inc., d/b/a Jupiter Farms Chevron ("Jupiter Farms") and Seeliva Industries, Inc., d/b/a Wellington BP ("Wellington") pursuant to which the Company purchased certain assets used in the operation of the retail convenience stores, which also sell motor fuels, at these three locations.  The sellers were affiliates of Mr. Jay Seewald, an executive officer and director of the Company.  The effective date of the acquisitions was January 14, 2016 as to two of the locations and January 15, 2016 as to the third location.  This is the accounting acquisition date and operations for these three locations are included in the Successor financial statements from this date forward.  These retail stores were previously owned and operated by companies controlled by Mr. Seewald. The Hagen Farms location had been operated for 11 years, the Jupiter Farms location had been operated for six years and the Wellington location had been operated for six years.  Each of the Jupiter Farms and Wellington locations have a Dunkin Donuts franchise at the location which will be retained.

Under the terms of the Asset Purchase Agreement, the Company paid an aggregate of $3,664,780 for these assets, which was discounted to a value of $3,480,524 as discussed below.  The consideration included six month secured promissory notes in the aggregate principal amount of $1,465,912 (the "Secured Notes"), discounted to a value of $1,360,622; an aggregate of 1,099,434 shares of our Series B Convertible Preferred Stock (the "Series B Preferred") which has a stated value of $1,099,434, discounted to a value of $1,020,467; and an aggregate of 1,099,434 shares of our common stock valued at $1,099,434.  As additional consideration, the Company also agreed to pay each seller a six-month transition management fee equal to the net profits, as computed in accordance with GAAP, for the location, which fee is paid to J&L Services of Palm Beach, Inc., a Florida corporation that is an entity affiliated with the sellers.  The Company will also purchase the inventory and motor fuel on hand at each location as of the closing date in cash, which such amount shall be due within 60 days of the closing date.  Each seller has verbally agreed to extend the due date of the inventory and motor fuel payment until May 31, 2016

The terms of each of the Secured Notes are identical and provide that the notes mature on July 27, 2016, subject to an extension of 60 days at our discretion.  The notes do not bear interest from the issuance date through the initial maturity date, and thereafter bear interest at 6% per annum.  Each note is secured by a blanket security interest in the assets at the respective location.  In the event of default under the terms of a Secured Note, the holder would be entitled to foreclose on the assets at that location.  An "event of default" includes the Company's failure to pay the note when due, the Company's failure to redeem the Series B Preferred issued as partial consideration to that seller for the stated value prior to the maturity date of the note as well as customary bankruptcy and creditor assignment provisions.  Upon an event of default under one or more of the Secured Notes, the Series B Preferred issued to that seller would be immediately cancelled without consideration to the seller.

The Company considered ASC 480 to determine if the Series B Preferred should be classified as a liability or as equity.  The Company's conclusion was that it was a liability under ASC 480 due to the redemption features in the Secured Notes requiring redemption of the Series B Preferred.

In determining the fair value of the Series B Preferred shares issued, the Company determined that due to the likelihood of the redemption of the Series B Preferred before the notes mature, the Series B Preferred were valued at $1/share, the shares' redemption value, less a discount of $78,967, reflecting the six-month time period and the Company's borrowing rate of 15%.  The common shares issued as part of the transaction were valued at $1/share, the value of recent purchases of common shares.  The Secured Notes were valued at their principal value, less a discount of $105,290, reflecting the six-month time period and the Company's borrowing rate of 15%.  The discount will be amortized over the six months.

Total consideration given is as follows:

	Face Value		Less Discount			Fair Value
Common stock		1,099,435					1,099,435
Series B Preferred		1,099,434		(78,967	)		1,020,467
Secured Notes		1,465,912		(105,290	)		1,360,622
Subtotal		3,664,781		(184,257	)		3,480,524
Related party payables		338,600		-			338,600
Total	$	4,003,381	$	(184,257	)	$	3,819,124

The Company determined that the intangible assets purchased had nominal value and allocated the purchase price as follows:

Inventory		332,355
Petty cash		6,245
Goodwill		3,480,524
Total acquisition cost	$	3,819,124

The Asset Purchase Agreement, which contains customary cross indemnification provisions, provided that each seller is to deliver to the Company audited financial statements for each location, within 74 days from the effective dates and prepared in accordance with GAAP and in conformity to the rules and regulations of the Securities and Exchange Commission.  The Company had agreed to pay the costs of the audits.  Should any seller fail to make this delivery, the seller would be prohibited from asserting an event of default under the note.  This date has passed and the sellers have not yet delivered the audited financial statements for each location.

In connection with the acquisitions of these businesses, through a wholly-owned subsidiary the Company has entered into lease agreements with the various lessors of the real property at which these retail stores are located.  The lessor for each location is as follows:  Reitano Enterprises, Inc., a related party, with respect to the Jupiter Farms location;West Boynton Auto Services, Inc., a related party, with respect to the Hagen Ranch location; and Automated Petroleum & Energy Co., Inc., an unaffiliated third party, with respect to the Wellington location.  Reitano Enterprises, Inc. and West Boynton Auto Services, Inc. are companies controlled by two individuals who are officers and directors of the Company.

The Jupiter Farms and Hagen Ranch leases provide for a term of 10 years with a right to renew for an additional 10 year period.  The Wellington lease provides for a term of 9 years and eleven months with rights to renew for two additional 5-year periods.  The initial annual base rent is as follows: $438,000 for Jupiter Farms; $396,000 for Hagen Ranch; and $253,920 for Wellington; plus, in each instance, sales taxes and any other government taxes.  The amount of base rent is subject to escalation over the terms of the respective leases.

Total annual minimum lease payments going forward are $864,896 in 2016, $1,172,052 in 2017, $1,208,119 in 2018, $1,237,201 in 2019, $1,267,012 in 2020, $1,297,571 in 2021, $1,328,898 in 2022, $1,361,013 in 2023, $1,393,937 in 2024, and $1,427,690 in 2025.  Total rent payments aggregate $12,558,389 over the life of the leases. The Company considered the four lease classification criteria in ASC 840-20 and determined that the leases satisfied none of them and accordingly, recorded this as an operating lease and not a capital lease. Specifically, the lease is ten years, which is less than the 75% of its economic life and the present value of the lease payments is less than 90% of the stations' fair value.

In accordance with ASC 840-20, the Company records rent expense on a straight-line basis over the initial term of a lease.  Rent expense in January 2016 was $53,608 but commencing in February 2016, rent expense on a straight-line basis will be $107,216 per month over the life of the lease.  Deferred rent liability related to these leases is $20,095 as of March 31, 2016.

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8 - Contingencies

9 Months Ended

Mar. 31, 2016

Commitments and Contingencies Disclosure [Abstract]

Contingencies

Note 8 – Contingencies

The Company's operations and earnings may be affected by various forms of governmental action. Examples of such governmental action include, but are by no means limited to: tax increases and retroactive tax claims; import and export controls; price controls; allocation of supplies of crude oil and petroleum products and other goods; laws and regulations intended for the promotion of safety and the protection and/or remediation of the environment; governmental support for other forms of energy; and laws and regulations affecting the Company's relationships with employees, suppliers, customers, stockholders and others. Because governmental actions are often motivated by political considerations, may be taken without full consideration of their consequences, and may be taken in response to actions of other governments, it is not practical to attempt to predict the likelihood of such actions, the form the actions may take or the effect such actions may have on the Company.

The Company is subject to numerous federal, state and local laws and regulations dealing with the environment. Violation of such environmental laws, regulations and permits can result in the imposition of significant civil and criminal penalties, injunctions and other sanctions. A discharge of hazardous substances into the environment could, to the extent such event is not insured, subject the Company to substantial expense, including both the cost to comply with applicable regulations and claims by neighboring landowners and other third parties for any personal injury, property damage and other losses that might result.

The Company currently leases properties at which hazardous substances have been or are being handled. Although the Company believes it has used operating and disposal practices that were standard in the industry at the time, hazardous substances may have been disposed of or released on or under the properties leased by the Company or on or under other locations where they have been taken for disposal. In addition, many of these properties have been operated by third parties whose management of hazardous substances was not under the Company's control. Under existing laws the Company could be required to remediate contaminated property (including contaminated groundwater) or to perform remedial actions to prevent future contamination.

Based on information currently available to the Company, the amount of future remediation costs to be incurred to address known contamination sites is not expected to have a material adverse effect on the Company's future net income, cash flows or liquidity. However, there is the possibility that additional environmental expenditures could be required to address contamination, including as a result of discovering additional contamination or the imposition of new or revised requirements applicable to known contamination.

The Company is subject to extensive tax liabilities imposed by multiple jurisdictions, including income taxes, indirect taxes (excise/duty, sales/use and gross receipts taxes), payroll taxes, franchise taxes, withholding taxes and ad valorem taxes. New tax laws and regulations and changes in existing tax laws and regulations are continuously being enacted or proposed that could result in increased expenditures for tax liabilities in the future. Many of these liabilities are subject to periodic audits by the respective taxing authority. Subsequent changes to our tax liabilities because of these audits may subject the Company to interest and penalties.

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9 - Related Party Transactions

9 Months Ended

Mar. 31, 2016

Related Party Transactions [Abstract]

9 - Related Party Transactions

Note 9 – Related Party Transactions

As discussed in note 3, the consolidated financial statements herein are presented under predecessor entity reporting. The predecessor statements' record related party payables and receivables for borrowings from and loans to related parties.  All are verbal agreements without interest and none of these assets or liabilities were assumed in the acquisition.

Related party receivable balances at March 31, 2016 and June 30, 2015 consisted of the following:

	Successor		Predecessor
	March 31, 2016		June 30, 2015
Spanish River Service, Inc.		-	$	75,000
JRSM Investments, LLC		-		50,150
Florida Petroleum LLC		-		50,000
J&L Services of Palm Beach, Inc.		-		205,000
SW Florida Petroleum, LLC		-		75,000
		-	$	455,150

Related party payable balances at March 31, 2016 and June 30, 2015 consisted of the following:

	Successor			Predecessor
	March 31, 2016			June 30, 2015
Reitano Enterprises, Inc.	$	184,062		$	-
West Boynton Auto Services, Inc.		548,822			-
Spanish River Service, Inc.		800,897			-
Seeliva Industries, Inc.		454,792			-
J&L Services of Palm Beach, Inc.		105,737
Jay Seewald		-			84,013
Discount on notes as discussed in note 7		(105,289	)		-
	$	$ 1,989,021		$	84,013

On June 4, 2015, OTM loaned $10,000 to its EVP.  The loan term was six months and interest accrued at 5% per annum.  During the six months ended December 31, 2015, the Company loaned an additional $15,000 to its EVP.  Upon the closing of the Share Exchange Agreement, the balance of $25,372 was applied to the accrued compensation due to him.

As discussed in note 6, the Company is leasing two stations from Reitano Enterprises.  The opening inventory of the stations and petty cash was purchased from Reitano Enterprises; the inventory's carryover value of $182,788 plus petty cash of $1,274 is reflected as a related party payable in the financial statements.  The payable is unsecured, does not accrue interest, and is due in December 2016.  There is no prepayment penalty.

As discussed in Note 7, in connection with the Asset Purchase Agreement the Company agreed to pay a transitional management fee equal to the "net profit" of the acquired businesses for a period of six months following the closing of the Asset Purchase Agreement, which amount is being paid to J&L Services of Palm Beach, Inc. ("J&L"), an entity that is an affiliate of Mr. Jay Seewald, an executive officer and director of the Company. At March 31, 2016, management fees of $105,737 were payable to J&L.

In connection with the acquisitions of these businesses, through a wholly-owned subsidiary, the Company has entered into lease agreements with the various lessors of the real property at which these retail stores are located.  The lessor for the Jupiter Farms location is Reitano Enterprises, Inc. and the lessor for the Hagen Ranch location is West Boynton Auto Services, Inc. The opening inventory of the stations and petty cash was purchased from the sellers. The inventory's carryover value of $332,355 plus petty cash of $6,245 is reflected as a related party payable in the financial statements.  As discussed in note 7, each seller in connection with the Asset Purchase Agreement, the Company was to make the inventory and motor fuel payment to the sellers within 60 days of the closing of the transactions contemplated under the Asset Purchase Agreement.  Notwithstanding, the sellers have agreed to extend the due date of the inventory and motor fuel payment until May 31, 2016.

As discussed in note 6, each of the Company's CEO, President and Chief Operating Officer and EVP, has agreed to reduce the amount of the annual base salary to $100,000 and to forego payment thereof unless and until the Company has raised a minimum of $3,000,000 or until the Company's Board of Directors believes there is sufficient cash flow with which to pay a greater salary.

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10 - Subsequent Events

9 Months Ended

Mar. 31, 2016

Subsequent Events [Abstract]

Subsequent Events

Note 10 – Subsequent Events

On June 2, 2016 the Company entered into the First Amendment to the Asset Purchase Agreement with West Boynton Auto Service, Inc., Spanish River Service, Inc. and Seeliva Industries, Inc. (the "First Amendment").  The First Amendment (i) extended the due date of the payment for the inventory purchased in the transaction to June 15, 2016, and (ii) the closing dates of the transaction were amended to January 14, 2016 with respect to the Wellington and Jupiter Farms Locations and January 15, 2016 with respect to the Hagen Ranch Location.

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3 - Significant Accounting Policies (Policies)

9 Months Ended

Mar. 31, 2016

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Principles of Consolidation

Principles of Consolidation

The accompanying consolidated financial statements include the accounts of On the Move Corporation and its wholly owned subsidiaries.  All significant intercompany transactions and balances have been eliminated.  The Company makes operating decisions, assesses performance and manages the business as one reportable segment.

Basis of Presentation

Basis of Presentation

The accompanying unaudited financial statements have been prepared from the books and records of the Company in accordance with U.S. GAAP and Rule 10-01 of Regulation S-X promulgated by the Securities and Exchange Commission ("SEC"). Accordingly, they do not include all of the information and footnotes required by U.S. GAAP. The statements of operations for the three and nine months ended March 31, 2016 are not necessarily indicative of the results to be expected for the full year or any future interim period. These unaudited financial statements should be read in conjunction with the financial statements for the period inception through December 31, 2014 and notes thereto and other pertinent information contained in the Company's post-effective amendment for registration statement filed with the SEC on October 20, 2015. In the opinion of management, all adjustments considered necessary for a fair presentation of the results for the interim periods presented have been reflected in such financial statements.

Acquisition Reporting

Acquisition Reporting

As discussed in note 7, the Company entered into an Asset Purchase Agreement with West Boynton Auto Service, Inc., Spanish River Service, Inc., and Seeliva Industries, Inc., pursuant to which the Company purchased certain assets used in the operation of the retail convenience stores, which also sell motor fuels, at three locations.

The consolidated financial statements herein are presented under predecessor entity reporting and because the acquiring entity had nominal operations as compared with the acquired stations ("Predecessor Business"), prior historical information of the acquirer is not presented.

This new basis of accounting was created on January 14, 2016, the effective date of the Asset Purchase Agreement. In the following discussion, the results of operations and cash flows for the periods ended on or prior to January 13, 2016, and the financial position of the Predecessor Business as of balance sheet dates on or prior to January 13, 2016 are referred to herein as "Predecessor" financial information, and the results of operations and cash flows of the Company for periods beginning on January 14, 2016 and the financial position of the Company as of January 14, 2016 and subsequent balance sheet dates are referred to herein as "Successor" consolidated financial information.

Assets and operations for the Predecessor Business that were not acquired and liabilities of the Predecessor Business that were not assumed are classified as discontinued operations in the consolidated financial statements.

Use of Estimates

Use of Estimates

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.

Revenue Recognition

Revenue Recognition

Revenues from sales of refined petroleum products sold at retail stations are recorded when the customer takes delivery at the pump. Merchandise revenues are recorded at the point of sale.

Shipping and Handling Costs

Shipping and Handling Costs

Costs incurred for the shipping and handling of motor fuel and convenience store merchandise are included in cost of goods sold in the statements of revenues and direct expenses.

Taxes Collected from Customers and Remitted to Government Authorities

Taxes Collected from Customers and Remitted to Government Authorities

Excise and other taxes collected on sales of refined products and remitted to governmental agencies are included in revenues and costs and operating expenses in the statements of revenues and direct expenses.

Vendor Allowances and Rebates

Vendor Allowances and Rebates

The Company's subsidiary receives payments for vendor allowances, volume rebates and other related payments from various suppliers of its convenience store merchandise. Vendor allowances for price markdowns are credited to merchandise cost of goods sold during the period the related markdown is recognized. Volume rebates of merchandise are recorded as reductions to merchandise cost of goods sold when the merchandise qualifying for the rebate is sold. Slotting and stocking allowances received from a vendor are recorded as a reduction to cost of sales over the period covered by the agreement.

Cash

Cash

The Company considers all highly liquid investments with an original maturity of three months or less to be cash equivalents. Cash and cash equivalents included cash in the bank, cash on hand and highly liquid investments.

Deposits

Deposits

Refundable security deposits for a vacant land contract, water and fuel are currently being held by third parties.  Refundable security deposits of $ 42,778 for two station leases are currently being held by a related party.

Inventory

Inventory

Inventories of fuel are valued at the lower of cost, generally applied on a last-in, first-out ("LIFO") basis, or market. Merchandise inventories held for resale are valued at a percentage of retail value.

Goodwill

Goodwill

Goodwill represents the excess of the purchase price over the fair value assigned to net tangible and identifiable intangible assets of businesses acquired and accounted for under the purchase method. Goodwill acquired in business combinations is assigned to reporting units that are expected to benefit from the synergies of the combination as of the acquisition date. The Company assesses goodwill for impairment annually during the fourth quarter, or more frequently if events and circumstances indicate impairment may have occurred. If the carrying value of a reporting unit's goodwill exceeds its implied fair value, the Company records an impairment loss equal to the difference.

Long-Lived Assets

Long-Lived Assets

The Company's accounting policy regarding the assessment of the recoverability of the carrying value of long-lived assets, including property and equipment and assets with finite lives, is to review the carrying value of the assets, annually, during the fourth quarter, or whenever events or changes in circumstances indicate that they may be impaired. If this review indicates that the carrying value will not be recoverable, as determined based on the projected undiscounted future cash flows, the carrying value is reduced to its estimated fair value.

Environmental liabilities

Environmental liabilities

A liability for environmental matters is established when it is probable that an environmental obligation exists and the cost can be reasonably estimated. If there is a range of reasonably estimated costs, the most likely amount will be recorded, or if no amount is most likely, the minimum of the range is used. Related expenditures are charged against the liability. Environmental remediation liabilities have not been discounted for the time value of future expected payments. Environmental expenditures that have future economic benefit are capitalized.

Income taxes

Income Taxes

The Company accounts for income taxes under ASC 740 "Income Taxes." Under the asset and liability method of ASC 740, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statements carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period the enactment occurs. A valuation allowance is provided for certain deferred tax assets if it is more likely than not that the Company will not realize tax assets through future operations.

Earnings Per Share Information

Earnings Per Share Information

FASB ASC 260, "Earnings Per Share" provides for calculation of "basic" and "diluted" earnings per share.  Basic earnings per share includes no dilution and is computed by dividing net income (loss) available to common shareholders by the weighted average common shares outstanding for the period.  Diluted earnings per share reflect the potential dilution of securities that could share in the earnings of an entity similar to fully diluted earnings per share.  Basic and diluted loss per share were the same at March 31, 2016 for the Successor Company, as there were no common stock equivalents outstanding.  Earnings per share information is not shown for the Predecessor Business because it consisted of three companies and presenting shares outstanding would not be meaningful.

Stock-Based Compensation

Stock-Based Compensation

As required by the Stock Compensation Topic, ASC 718, the Company measures and recognizes compensation expense for all share-based payment awards made to employees and directors, based on estimated fair values. Stock-based compensation expense recognized in the Company's Consolidated Statements of Operations is based on awards ultimately expected to vest and, therefore, has been adjusted for estimated forfeitures. The Company is required to estimate forfeitures at the time of grant and revise the estimate, if necessary, in subsequent periods if actual forfeitures differ from those estimates. The forfeiture rate used is based on historical experience. The Company also assesses the likelihood that performance criteria associated with performance-based awards will be met. If it is determined that it is more likely than not that performance criteria will not be achieved, the Company revises its estimate of the number of shares it believes will ultimately vest.

The Company accounts for stock-based compensation issued to non-employees and consultants in accordance with the provisions of ASC 505-50, Equity – Based Payments to Non-Employees. Measurement of share-based payment transactions with non-employees is based on the fair value of whichever is more reliably measurable: (a) the goods or services received; or (b) the equity instruments issued. The fair value of the share-based payment transaction is determined at the earlier of performance commitment date or performance completion date.

Recent Accounting Pronouncements

Recent Accounting Pronouncements

Recent accounting pronouncements issued by the FASB (including its Emerging Issues Task Force), the AICPA, and the SEC did not, or are not believed by management to, have a material impact on the Company's present or future consolidated financial statements.

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4 - Inventory (Tables)

9 Months Ended

Mar. 31, 2016

Inventory Disclosure [Abstract]

Inventory

		Successor		Predecessor
		3/31/16		6/30/15
Fuel inventory		90,830		61,579
Merchandise inventory		376,198		230,655
Car repair parts inventory		22,455		-
Total inventory	$	489,483	$	292,234

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5 - Stockholders' Equity (Tables)

9 Months Ended

Mar. 31, 2016

Equity [Abstract]

Significant assumptions used in the Black-Scholes Option Pricing Model

	Range
Expected dividends	-%
Expected term (years)	2.88
Volatility	48.7%
Risk-free rate	0.88%

Summary of warrant activity for the period January 14, 2016 through March 31, 2016

			Weighted-
			Average
	Warrants		Exercise Price
Outstanding at January 14, 2016		-	$	-
Granted		550,000		0.001
Canceled		-		-
Forfeited		-		-
Outstanding at March 31, 2016		550,000	$	0.001
Exercisable at March 31, 2016		0	$	-

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7 - Acquisition (Tables)

9 Months Ended

Mar. 31, 2016

Accounting Policies [Abstract]

Consideration given to determine fair value

	Face Value		Less Discount			Fair Value
Common stock		1,099,435					1,099,435
Series B Preferred		1,099,434		(78,967	)		1,020,467
Secured Notes		1,465,912		(105,290	)		1,360,622
Subtotal		3,664,781		(184,257	)		3,480,524
Related party payables		338,600		-			338,600
Total	$	4,003,381	$	(184,257	)	$	3,819,124

Iintangible assets value

Inventory		332,355
Petty cash		6,245
Goodwill		3,480,524
Total acquisition cost	$	3,819,124

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9 - Related Party Transactions (Tables)

9 Months Ended

Mar. 31, 2016

Related Party Transactions [Abstract]

Related party receivable balances

	Successor		Predecessor
	March 31, 2016		June 30, 2015
Spanish River Service, Inc.		-	$	75,000
JRSM Investments, LLC		-		50,150
Florida Petroleum LLC		-		50,000
J&L Services of Palm Beach, Inc.		-		205,000
SW Florida Petroleum, LLC		-		75,000
		-	$	455,150

Related party payable balances

	Successor			Predecessor
	March 31, 2016			June 30, 2015
Reitano Enterprises, Inc.	$	184,062		$	-
West Boynton Auto Services, Inc.		548,822			-
Spanish River Service, Inc.		800,897			-
Seeliva Industries, Inc.		454,792			-
J&L Services of Palm Beach, Inc.		105,737
Jay Seewald		-			84,013
Discount on notes as discussed in note 7		(105,289	)		-
	$	$ 1,989,021		$	84,013

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4 - Inventory - Inventory (Details) - USD ($)	Mar. 31, 2016	Jun. 30, 2015
Successor Member
Fuel inventory	$ 90,830
Merchandise inventory	376,198
Car repair parts inventory	22,455
Total inventory	$ 489,483
Predecessor Member
Fuel inventory		$ 61,579
Merchandise inventory		$ 230,655
Car repair parts inventory
Total inventory		$ 292,234

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5 - Stockholders' Equity (Details)	3 Months Ended
	Mar. 31, 2016 $ / shares shares
Warrants
Granted | shares	550,000
Cancelled | shares
Forfeited | shares
Outstanding Ending Balance | shares	550,000
Exercisable | shares	0
Weighted Average Exercise Price
Granted | $ / shares	$ 0.001
Cancelled | $ / shares
Forfeited | $ / shares
Outstanding Ending Balance | $ / shares	$ 0.001
Exercisable | $ / shares

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5 - Stockholders' Equity (Details Narrative) - USD ($)	9 Months Ended
	Mar. 31, 2016	Jul. 02, 2016	Dec. 31, 2015	Jun. 30, 2015
Accounting Policies [Abstract]
Number of previously designated Series A Convertible Preferred Stock eliminated	4,000,000
New Series A Convertible Preferred Stock shares designated	2,000,000
Designated a new Series B Convertible Preferred Stock	8,000,000
Number of preferred shares authorized	25,000,000
Par value of preferred shares authorized	$ 0.0001			$ 0.0001
Number of preferred shares undesignated			15,000,000
Number of shares Series A convertible preferred stock	2,000,000
Par value of preferred shares authorized			$ 0.0001
Stated value of Series A convertible preferred shares			1.25
Series B Convertible Preferred Stock par value			0.0001
Series B Convertible Preferred Stock stated value			$ 1.00
Common shares issued during period	60,000
Cash consideration for common shares issued during period	$ 60,000
Value of convertible promissory note issued		$ 50,000
Interest on note		8.00%
Shares issued for payment of promissory note	70,000

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7 - Acquisition - Consideration given to determine fair value of (Details)	9 Months Ended
	Mar. 31, 2016 USD ($)
Face Value
Common stock	$ 1,099,435
Series B Preferred	1,099,434
Secured Notes	1,465,912
Subtotal	3,664,781
Related party payables	338,600
Total	4,003,381
Less Discount
Series B Preferred	(78,967)
Secured Notes	(105,290)
Subtotal	$ (184,257)
Related party payables
Total	$ (184,257)
Fair Value
Common stock	1,099,435
Series B Preferred	1,020,467
Secured Notes	1,360,622
Subtotal	3,480,524
Related party payables	338,600
Total	$ 3,819,124

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7 - Acquisition - Iintangible assets value (Details)	3 Months Ended
	Mar. 31, 2016 USD ($)
Accounting Policies [Abstract]
Inventory	$ 332,355
Petty cash	6,245
Goodwill	3,480,524
Total acquisition cost	$ 3,819,124

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7 – Acquisition (Details Narrative2)	Mar. 31, 2016 USD ($)
Annual minimum lease payments
2016	$ 864,896
2017	1,172,052
2018	1,208,119
2019	1,237,201
2020	1,267,012
2021	1,297,571
2022	1,328,898
2023	1,361,013
2024	1,393,937
2015	1,427,690
Aggregate rent payments	$ 12,558,389

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9 - Related Party Transactions (Details Narrative)	9 Months Ended
	Mar. 31, 2016 USD ($)
Related Party Transactions [Abstract]
Loan amount to EVP	$ 10,000
Interest per annum	5
Additional loan to EVP	15,000
Accrued compensation due to EVP	25,372
Inventory carryover value purchased from Reitano Enterprises	182,788
Petty cash purchased from Reitano Enterprises	$ 1,274

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9 - Related Party Transactions - 9 - Related party receivable balances (Details) - USD ($)	Mar. 31, 2016	Jun. 30, 2015
Successor Member
Spanish River Service, Inc.
JRSM Investments, LLC
Florida Petroleum LLC
J&L Services of Palm Beach, Inc.
SW Florida Petroleum, LLC
Total related party acquisiitons receivables
Predecessor Member
Spanish River Service, Inc.		$ 75,000
JRSM Investments, LLC		50,150
Florida Petroleum LLC		50,000
J&L Services of Palm Beach, Inc.		205,000
SW Florida Petroleum, LLC		75,000
Total related party acquisiitons receivables		$ 455,150

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9 - Related Party Transactions - 9 - Related party payable balances (Details) - USD ($)	Mar. 31, 2016	Jun. 30, 2015
Successor Member
Reitano Enterprises, Inc.	$ 184,062
West Boynton Auto Services, Inc.	548,822
Spanish River Service, Inc.	800,897
Seeliva Industries, Inc.	454,792
J&L Services of Palm Beach, Inc.	$ 105,737
Jay Seewald
Discount on notes as discussed in note 7	$ (105,289)
Total related party payable balance	$ 1,989,021
Predecessor Member
Reitano Enterprises, Inc.
West Boynton Auto Services, Inc.
Spanish River Service, Inc.
Seeliva Industries, Inc.
Jay Seewald		$ 84,013
Discount on notes as discussed in note 7
Total related party payable balance		$ 84,013