0001469709-17-000316.txt : 20171227 0001469709-17-000316.hdr.sgml : 20171227 20171227113825 ACCESSION NUMBER: 0001469709-17-000316 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 44 CONFORMED PERIOD OF REPORT: 20171031 FILED AS OF DATE: 20171227 DATE AS OF CHANGE: 20171227 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Sharing Services, Inc. CENTRAL INDEX KEY: 0001644488 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] IRS NUMBER: 300869786 STATE OF INCORPORATION: NV FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 333-205310 FILM NUMBER: 171275525 BUSINESS ADDRESS: STREET 1: 2630 CORPORATE CIRCLE STREET 2: SUITE 400 CITY: HENDERSON STATE: NV ZIP: 89704-7739 BUSINESS PHONE: 775-562-0587 MAIL ADDRESS: STREET 1: 2630 CORPORATE CIRCLE STREET 2: SUITE 400 CITY: HENDERSON STATE: NV ZIP: 89704-7739 10-Q 1 shrv10q103117apg.htm SHRV 10-Q 10/31/17 SHRV 10-Q 10/31/17


UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549


FORM 10-Q


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


For the quarterly period ended October 31, 2017


Commission File Number 333-205310

 

 

SHARING SERVICES, INC.

(Exact name of registrant as specified in its charter)

 


Nevada

30-0869786

(State or other jurisdiction of incorporation or organization)

(I.R.S. Employer Identification No.)

 

930 S. 4thStreet, Suite 150, Las Vegas, NV 89101

(Address of principal executive offices)(Zip Code)

 

(714) 203-6717

(Registrant’s telephone number, including area code)

 

                             N/A                              

(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.

(X) Yes  (_) No


Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).  (_) yes  (X) No


Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.


[  ] Large accelerated filer  [  ] Accelerated filer

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

[X] Smaller reporting company  [X] Emerging Growth Company


If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  [  ]





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


APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PRECEDING FIVE YEARS:


Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Sections 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court

(_)Yes (_) No


APPLICABLE ONLY TO CORPORATE ISSUERS:


As of December 21, 2017, there were 54,860,000 shares of common stock issued and outstanding.




2




TABLE of CONTENTS


PART I—FINANCIAL INFORMATION

4

Item 1. Condensed Financial Statements

4

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

23

Item 3. Quantitative and Qualitative Disclosures About Market Risk.

28

Item 4. Controls and Procedures

28

 

 

PART II—OTHER INFORMATION

30

Item 1. Legal Proceedings

30

Item 1A. Risk Factors

30

Item 2. Unregistered Sales of Securities and Use of Proceeds

30

Item 3. Defaults Upon Senior Securities

30

Item 4. Mine Safety Disclosures

30

Item 5. Other Information

30

Item 6. Exhibits

30




3



PART I—FINANCIAL INFORMATION

Item 1. Financial Statements.



SHARING SERVICES, INC.


Index to the Unaudited Interim Consolidated Financial Statements


For the Period from May 5, 2017 (Inception) to October 31, 2017



 

 

 

Page

 

 

 

 

Balance sheet as of October 31, 2017

 

 

5

 

 

 

 

Statement of operations for the three months ended October 31, 2017 and for the period from May 5, 2017 to October 31, 2017

 

 

6

 

 

 

 

Statement of cash flows for the period from May 5, 2017 to October 31, 2017

 

 

7

 

 

 

 

Notes to the unaudited financial statements

 

 

8




4



SHARING SERVICES, INC. AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEET

(Unaudited)


  

  

 

October 31,

  

  

 

2017

ASSETS

 

 

Current Assets

 

 

  

Cash and cash equivalents

$

69,483 

 

Prepaid expenses

 

8,875 

Total Current Assets

 

78,358 

 

 

 

 

Property and equipment, net  

 

3,062 

Investments  

 

2,007,188 

  

TOTAL ASSETS

$

2,088,608 

  

  

 

 

LIABILITIES AND STOCKHOLDERS' EQUITY

 

 

Current Liabilities

 

 

  

Accounts payable and accrued expenses

$

46,195 

 

Accrued interest - related parties

 

1,128 

 

Advance from customers

 

23,300 

 

Due to related parties

 

5,648 

 

Investment payable

 

75,000 

 

Convertible notes payable, net of unamortized debt discount of $125,491

 

90,509 

 

Notes payable

 

35,000 

 

Notes payable - related parties

 

16,500 

 

Derivative liabilities

 

1,362,940 

Total Current Liabilities

 

1,656,220 

 

 

 

 

  

TOTAL LIABILITIES

 

1,656,220 

  

  

 

 

Stockholders' Equity

 

 

Preferred stock, $0.0001 par value, 200,000,000 shares authorized:

 

 

 

Series A convertible preferred stock, $0.0001 par value, 100,000,000 shares designated; 83,694,540 shares issued and outstanding

 

8,369 

  

Series B convertible preferred stock, $0.0001 par value, 10,000,000 shares designated; 10,000,000 shares issued and outstanding

 

1,000 

 

Series C convertible preferred stock, $0.0001 par value, 10,000,000 shares designated; 2,470,000 shares issued and outstanding

 

247 

Common Stock, $0.0001 par value, 500,000,000 million Class A shares authorized, 54,860,000 shares issued and outstanding as of October 31, 2017; 10,000,000 Class B authorized, 10,000,000 shares issued and outstanding as of October 31, 2017

 

6,486 

Additional paid in capital

 

3,636,668 

Accumulated deficit

 

(3,377,383)

Stock subscription

 

157,001 

Total Stockholders' Equity

 

432,388 

 

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY

$

2,088,608 



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



5



SHARING SERVICES, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENT OF OPERATIONS

(Unaudited)


 

 

 

Three Months

 

Date of Inception

 

 

 

Ended

 

(May 5, 2017) to

 

 

 

October 31,

 

October 31,

  

  

 

2017

 

2017

 

 

 

 

 

 

Revenues

$

$

 

 

 

 

 

 

Operating Expenses

 

 

 

 

 

General and administration

 

66,958 

 

94,770 

  

Marketing expenses

 

405,790 

 

694,207 

 

Stock based compensation

 

1,042,500 

 

1,308,948 

 

Professional

 

24,136 

 

33,672 

 

   Total operating expenses

 

1,539,384 

 

2,131,597 

 

 

 

 

 

 

Operating loss

 

(1,539,384)

 

(2,131,597)

 

 

 

 

 

 

Other income (expense)

 

 

 

 

 

Interest expense

 

(96,586)

 

(123,195)

 

Change in fair value of derivative liability

 

(1,100,587)

 

(1,122,591)

 

   Total other expense

 

(1,197,173)

 

(1,245,786)

 

 

 

 

 

 

Net loss

$

(2,736,557)

$

(3,377,383)

 

 

 

 

 

 

Basic and dilutive loss per common share

$

(0.05)

$

(0.07)

 

 

 

 

 

 

Weighted average number of common shares outstanding - basic and diluted

 

58,212,889 

 

48,324,000 



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



6



SHARING SERVICES, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENT OF CASH FLOWS

(Unaudited)


 

 

 

Date of Inception

 

 

 

(May 5, 2017) to

 

 

 

October 31,

 

 

 

2017

 CASH FLOWS FROM OPERATING ACTIVITIES:

 

 

    

    Net loss

$

(3,377,383)

 

 Adjustments to reconcile net loss to net cash used in operating activities:

 

 

 

    Depreciation

 

800 

 

    Stock-based compensation

 

1,308,948 

 

    Amortization of debt discount and debt issue cost

 

90,509 

 

    Change in fair value of derivative

 

1,122,591 

 

 Changes in operating assets and liabilities:

 

 

 

    Prepaid expenses  

 

(7,750)

 

    Accounts payable and accrued expenses

 

40,015 

 

    Accrued interest, related parties

 

998 

 

    Deferred revenue

 

23,300 

 

Net Cash Used in Operating Activities

 

(797,972)

 

 

 

 

 CASH FLOWS FROM INVESTING ACTIVITIES:

 

 

 

  Cash from acquisition of subsidiaries

 

57,605 

 

  Equity Investment

 

(15,000)

 

 Net Cash Provided by Investing Activities

 

42,605 

 

   

 

 

 CASH FLOWS FROM FINANCING ACTIVITIES:

 

 

 

   Proceeds from issuance of convertible notes payable

 

147,000 

 

   Proceeds from issuance of Series C Convertible preferred stock

 

692,001 

 

   Repayment of promissory notes payable

 

(15,000)

 

   Proceeds from related parties

 

849 

 

 Net Cash Provided by Financing Activities

 

824,850 

 

 

 

 

 Increase in cash and cash equivalents

 

69,483 

 Cash and cash equivalents, beginning of period

 

 Cash and cash equivalents, end of period

 $

69,483 

 

 

 

 

 Supplemental cash flow information

 

 

 

 Cash paid for interest

 $

 

 Cash paid for taxes

 $

 Supplemented disclosure of non-cash investing and financing activities

 

 

 

Series A Convertible Preferred Stock issued for equity investments

 $

1,907,188 

 

Derivative liability recognized as debt discount

 $

147,000 

 

Class B Common Stock and Series B Convertible Preferred Stock issued for intangible assets

 $

2,000 

 

Investment payable for equity investments

 $

75,000 


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



7



SHARING SERVICES, INC. AND SUBSIDIARIES

NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS


NOTE 1 – NATURE OF OPERATIONS AND BASIS OF PRESENTATION


Sharing Services, Inc. (“Sharing Services”, “we”, “us”, or the “Company”) was incorporated on April 24, 2014 in the State of Nevada. The Company’s wholly owned subsidiary, Total Travel Media, Inc. (“Total Travel Media”, or “TTM”), was incorporated on May 5, 2017 in the State of Nevada. The Company’s wholly-owned subsidiary, Four Oceans Holdings, Inc. (“Four Oceans”), was incorporated on September 22, 2017 in the State of Nevada. The fiscal year end is April 30.  The Company acquired Total Travel Media on May 23, 2017.  While Total Travel Media is a wholly owned subsidiary of the Company, for financial accounting purposes the transaction has been treated as a reverse acquisition (reference is made to the paragraph below entitled “Recapitalization”). The Company acquired Four Oceans from related parties and was treated as an acquisition under common control.  See NOTE 8 - RELATED PARTY CONSIDERATIONS


The Company was originally formed to launch a taxi sharing website and application. Beginning on February 1, 2017 the Company changed its business model and is now a travel and technology management company. Sharing Services is a direct-selling model with a subscription-based vacation portal.


Share Exchange and Acquisition – Four Oceans Holdings, Inc.


On September 29, 2017, Sharing Services, Inc., entered into a Share Exchange Agreement with Four Oceans Holdings, Inc., a Nevada corporation. Pursuant to the terms of the Agreement, the Company acquired all of the shares of capital stock of Four Oceans from the holders of such stock (the “Equity-Holders”), in exchange for the issuance of Seventy-five Million (75,000,000) newly-issued restricted shares of the Company’s Series A Preferred Stock, par value $0.0001 per share (the “Series A Preferred Stock”).  Following the closing, Four Oceans operated as a wholly-owned subsidiary of the Company.


Four Oceans was controlled by Alchemist Holdings, LLC, a Company controlled by our Chairman, who received 50,000,000 Series A Preferred stock; Bear Bull Market Dividends, Inc., a Company that is a significant shareholder of Sharing Services, who received 20,000,000 Series A Preferred stock; and Research and Referral BZ received 5,000,000 shares. As a result of these share exchanges, Four Oceans became a 100% owned subsidiary of the Company. As these transactions are between entities under common control, the Company has reported the results of operations for the period in a manner similar to a pooling of interests and has consolidated financial results since the initial date in which the above companies were under common control. Assets and liabilities were combined on their carrying values and no recognition of goodwill was made. The Company has presented earnings per share based on the new parent company shares issued to the former shareholders of the Company.


Share Exchange and Reorganization – Total Travel Media, Inc.


On May 23, 2017, Sharing Services, Inc., entered into a Share Exchange Agreement (the “Agreement”) with Total Travel Media, Inc. On May 23, 2017, there was a Closing of the transaction (the “Closing Date”).  Pursuant to the terms of the Agreement, the Company acquired all of the shares of capital stock of TTM from the holders of such stock (the “Equity-Holders”), in exchange for the issuance of Ten Million (10,000,000) newly-issued shares of the Company’s Common Class B Stock, par value $0.0001 per share and (ii) Ten Million (10,000,000) newly-issued shares of the Company’s Series B Preferred Stock, par value $0.0001 per share.  Following the Closing Date, TTM will operate as a wholly-owned subsidiary of the Company.


Recapitalization


For financial accounting purposes, this transaction was treated as a reverse acquisition by Total Travel Media, and resulted in a recapitalization with Total Travel Media being the accounting acquirer and Sharing Services as the acquired company. The consummation of this reverse acquisition resulted in a change of control. Accordingly, the historical financial statements prior to the acquisition are those of the accounting acquirer, Total Travel Media, and have been prepared to give retroactive effect to the reverse acquisition completed on May 23, 2017, and represent the operations of Total Travel Media. The consolidated financial statements after the acquisition date, May 23, 2017, include the balance sheets of both companies at historical cost, the historical results of Total Travel Media and the



8



results of the Company from the acquisition date. All share and per share information in the accompanying consolidated financial statements and footnotes has been retroactively restated to reflect the recapitalization.


Going concern


These financial statements have been prepared on a going concern basis, which assumes the Company will be able to realize its assets and discharge its liabilities in the normal course of business for the foreseeable future. To date the Company has generated no revenues from its business operations and has an accumulated deficit of $3,377,383. As of October 31, 2017, the Company had a working capital deficit of $1,577,862. The Company requires additional funding to meet its ongoing obligations and to fund anticipated operating losses. The ability of the Company to continue as a going concern is dependent on raising capital to fund its initial business plan and ultimately to attain profitable operations. Accordingly, these factors raise substantial doubt as to the Company’s ability to continue as a going concern. The Company has initiated extensive direct sales and social media marketing which it expects to drive significant sales volume of the Company’s products, and services over the next several months. The Company expects to become profitable and not need additional outside funding once working capital needs have been met.  The acceptance of the Company’s marketing efforts are uncertain and therefore, the Company has plans to continue to fund its business by way of private placements, promissory notes, convertible promissory notes and advances from related parties as may be required.


These financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.


NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES


Basis of Presentation


The preparation of financial statements in conformity with accounting principles generally accepted in the United States (“GAAP”) requires management to make estimates and assumptions that affect (i) the reported amounts of assets and liabilities, (ii) the disclosure of contingent assets and liabilities known to exist as of the date the financial statements are published, and (iii) the reported amount of net revenues and expenses recognized during the periods presented. Adjustments made with respect to the use of estimates often relate to improved information not previously available.


Uncertainties with respect to such estimates and assumptions are inherent in the preparation of financial statements; accordingly, actual results could differ from these estimates.


In managements’ opinion, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included.


Use of Estimates and Assumptions


The preparation of financial statements in accordance with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates include assumptions about the valuation and recognition of stock-based compensation expense, the valuation and recognition of derivative liability, valuation allowance for deferred tax assets and useful life of fixed assets.


Principles of Consolidation

 

For October 31, 2017, the unaudited consolidated financial statements of the Company include the accounts of the Company and its wholly owned subsidiaries, Total Travel Media, Inc. and Four Oceans Holding, Inc. All significant intercompany balances and transactions have been eliminated in consolidation.





9



Cash and cash equivalents


Cash and cash equivalents include cash on hand and on deposit at banking institutions as well as all highly liquid short-term investments with original maturities of 90 days or less.  As of October 31, 2017, the Company had cash and cash equivalents of $69,483


Fair value measurements

 

Fair value is defined as the price that the Company would receive to sell an investment or pay to transfer a liability in a timely transaction with an independent counter-party in the principal market or in the absence of a principal market, the most advantageous market for the investment or liability. A three-tier hierarchy is established to distinguish between (1) inputs that reflect the assumptions market participants would use in pricing an asset or liability developed based on market data obtained from sources independent of the reporting entity (observable inputs) and (2) inputs that reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing an asset or liability developed based on the best information available in the circumstances (unobservable inputs); and establishes a classification of fair value measurements for disclosure purposes.

 

The hierarchy is summarized in the three broad levels listed below:

 

Level 1

-

quoted prices in active markets for identical assets and liabilities

Level 2

-

other significant observable inputs (including quoted prices for similar assets and liabilities, interest rates, credit risk, etc.)

Level 3

-

significant unobservable inputs (including the Company’s own assumptions in determining the fair value of assets and liabilities).

 

In accordance with Accounting Standards Codification (“ASC”) 815, the Company’s debt derivative liabilities are measured at fair value on a recurring basis, and are level 3 measurements in the three-tier fair value hierarchy.

 

There were no transfers between the levels of the fair value hierarchy during the period of inception (May 5, 2017) to October 31, 2017.


Fair value of financial instruments

 

The Company’s financial instruments consist primarily of cash, accounts payable and accrued expenses, and debt. The carrying amounts of such financial instruments approximate their respective estimated fair value due to the short-term maturities and approximate market interest rates of these instruments.


The following table summarizes fair value measurements by level at October 31, 2017 measured at fair value on a recurring basis:


 

 

 

Level 1

 

Level 2

 

Level 3

 

Total

Liabilities

 

 

 

 

 

 

 

 

 

Derivative liabilities

 

$

                  -   

 $

           -   

 $

      1,362,940

 $

      1,362,940



Related Parties


The Company follows ASC 850, “Related Party Disclosures,” for the identification of related parties and disclosure of related party transactions (see Note 8).

 

Long-Lived Assets

 

Long-lived assets are evaluated for impairment whenever events or changes in business circumstances indicate that the carrying amount of the assets may not be fully recoverable or that the useful lives of these assets are no longer appropriate. Each impairment test is based on a comparison of the undiscounted future cash flows to the recorded value of the asset. If impairment is indicated, the asset is written down to its estimated fair value.



10




Property and Equipment

 

Property, plant and equipment is recorded at cost reduced by accumulated depreciation. Depreciation expense is recognized over the assets’ estimated useful lives using the straight-line method. Estimated useful lives of the equipment are as follows:


Office equipment - 5 years


Estimated useful lives are periodically reviewed and, when appropriate, changes are made prospectively. When certain events or changes in operating conditions occur, asset lives may be adjusted and an impairment assessment may be performed on the recoverability of the carrying amounts.


Share-Based Expense

 

ASC 718, “Compensation - Stock Compensation,” prescribes accounting and reporting standards for all share-based payment transactions in which employee services are acquired. Transactions include incurring liabilities, or issuing or offering to issue shares, options, and other equity instruments such as employee stock ownership plans and stock appreciation rights. Share-based payments to employees, including grants of employee stock options, are recognized as compensation expense in the financial statements based on their fair values. That expense is recognized over the period during which an employee is required to provide services in exchange for the award, known as the requisite service period (usually the vesting period).

 

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

 

Share-based expense totaled $1,308,948 for the period from inception (May 5, 2017) to October 31, 2017.


Advertising Costs

 

The Company follows ASC 720, “Advertising Costs,” and expenses costs as incurred.  Advertising and marketing expense totaled $694,207 for the period from inception (May 5, 2017) to October 31, 2017.


Income Taxes

 

The Company utilizes the asset and liability method in accounting for income taxes. Under this method, deferred tax assets and liabilities are recognized for operating loss and tax credit carry-forwards and for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the year 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 the results of operations in the period that includes the enactment date. A valuation allowance is recorded to reduce the carrying amounts of deferred tax assets unless it is more likely than not that the value of such assets will be realized.

 

The Company uses the two-step approach to recognizing and measuring uncertain tax positions. The first step is to evaluate the tax position for recognition by determining if the weight of available evidence indicates it is more likely than not, that the position will be sustained on audit, including resolution of related appeals or litigation processes, if any. The second step is to measure the tax benefit as the largest amount, which is more than 50% likely of being realized upon ultimate settlement. The Company considers many factors when evaluating and estimating the Company's tax positions and tax benefits, which may require periodic adjustments. At October 31, 2017, the Company did not record any liabilities for uncertain tax positions.

 



11




Basic and Diluted Net Loss per Common Share

 

Basic income (loss) per share is computed by dividing net income (loss) available to common shareholders by the weighted average number of common shares outstanding during the reporting period. The weighted average number of shares is calculated by taking the number of shares outstanding and weighting them by the amount of time that they were outstanding.  Diluted earnings per share reflects the potential dilution that could occur if stock options, warrants, and other commitments to issue common stock were exercised or equity awards vest resulting in the issuance of common stock that could share in the earnings of the Company. There were convertible notes and accrued interest for approximately $245,630 and 95,664,540 convertible preferred shares issued by the Company during the period ended October 31, 2017. Potential dilutive instruments as at October 31, 2017, consisted of the following common share equivalents:


 

 

October 31, 2017

Convertible notes

 

 

3,891,119

Convertible preferred shares

 

 

95,664,540

 

 

 

99,555,659



Diluted loss per share is the same as basic loss per share during periods where net losses are incurred since the inclusion of the potential common stock equivalents would be anti-dilutive as a result of the net loss.


Convertible notes


Convertible notes are regarded as compound instruments, consisting of a liability component and an equity component. The component parts of compound instruments are classified separately as financial liabilities and equity in accordance with the substance of the contractual arrangement. At the date of issue, the fair value of the liability component is estimated using the prevailing market interest rate for a similar non-convertible instrument. This amount is recorded as a liability on an amortized cost basis until extinguished upon conversion or at the instrument’s maturity date. The equity component is determined by deducting the amount of the liability component from the fair value of the compound instrument as a whole. This is recognized as additional paid-in capital and included in equity, net of income tax effects, and is not subsequently remeasured. After initial measurement, they are carried at amortized cost using the effective interest method.


Recently Issued Accounting Standards


In September 2017, the FASB has issued Accounting Standards Update (ASU) No. 2017-13, “Revenue Recognition (Topic 605), Revenue from Contracts with Customers (Topic 606), Leases (Topic 840), and Leases (Topic 842): Amendments to SEC Paragraphs Pursuant to the Staff Announcement at the July 20, 2017 EITF Meeting and Rescission of Prior SEC Staff Announcements and Observer Comments.” The amendments in ASU No. 2017-13 amends the early adoption date option for certain companies related to the adoption of ASU No. 2014-09 and ASU No. 2016-02. Both of the below entities may still adopt using the public company adoption guidance in the related ASUs, as amended. The effective date is the same as the effective date and transition requirements for the amendments for ASU 2014-09 and ASU 2016-02.


In February 2017, the FASB has issued Accounting Standards Update (ASU) No. 2017-05, “Other Income - Gains and Losses from the Derecognition of Nonfinancial Assets (Subtopic 610-20): Clarifying the Scope of Asset Derecognition Guidance and Accounting for Partial Sales of Nonfinancial Assets.” The amendments clarify that a financial asset is within the scope of Subtopic 610-20 if it meets the definition of an in substance nonfinancial asset. The amendments also define the term in substance nonfinancial asset. The amendments clarify that nonfinancial assets within the scope of Subtopic 610-20 may include nonfinancial assets transferred within a legal entity to a counterparty. For example, a parent may transfer control of nonfinancial assets by transferring ownership interests in a consolidated subsidiary. A contract that includes the transfer of ownership interests in one or more consolidated subsidiaries is within the scope of Subtopic 610-20 if substantially all of the fair value of the assets that are promised to the counterparty in a contract is concentrated in nonfinancial assets. The amendments clarify that an entity should



12



identify each distinct nonfinancial asset or in substance nonfinancial asset promised to a counterparty and derecognize each asset when a counterparty obtains control of it. Effective at the same time as the amendments in Update 2014-09, Revenue from Contracts with Customers (Topic 606). Therefore, public business entities, certain not-for-profit entities, and certain employee benefit plans should apply the amendments in this Update to annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Earlier application is permitted only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. All other entities should apply the amendments in this Update to annual reporting periods beginning after December 15, 2018, and interim periods within annual periods beginning after December 15, 2019. All other entities may apply the guidance earlier as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. All other entities also may apply the guidance earlier as of annual reporting periods beginning after December 15, 2016, and interim reporting periods within annual reporting periods beginning one year after the annual reporting period in which the entity first applies the guidance. An entity is required to apply the amendments in this Update at the same time that it applies the amendments in Update 2014-09. The Company is currently evaluating the potential impact this standard may have on its financial position and results of operations.

 

In January 2017, the FASB has issued Accounting Standards Update (ASU) No. 2017-04, “Intangibles - Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment.” These amendments eliminate Step 2 from the goodwill impairment test. The annual, or interim, goodwill impairment test is performed by comparing the fair value of a reporting unit with its carrying amount. An impairment charge should be recognized for the amount by which the carrying amount exceeds the reporting unit’s fair value; however, the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. In addition, income tax effects from any tax deductible goodwill on the carrying amount of the reporting unit should be considered when measuring the goodwill impairment loss, if applicable. The amendments also eliminate the requirements for any reporting unit with a zero or negative carrying amount to perform a qualitative assessment and, if it fails that qualitative test, to perform Step 2 of the goodwill impairment test. An entity still has the option to perform the qualitative assessment for a reporting unit to determine if the quantitative impairment test is necessary. Effective for public business entities that are a SEC filers for annual or any interim goodwill impairment tests in fiscal years beginning after December 15, 2019. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. ASU 2017-04 should be adopted on a prospective basis. The Company does not anticipate the adoption of ASU 2017-04 will have a material impact on its consolidated financial statements.


In January 2017, the FASB issued ASU No. 2017-01, “Business Combinations (Topic 805): Clarifying the Definition of a Business.” This new standard clarifies the definition of a business and provides a screen to determine when an integrated set of assets and activities is not a business. The screen requires that when substantially all of the fair value of the gross assets acquired (or disposed of) is concentrated in a single identifiable asset or a group of similar identifiable assets, the set is not a business. This new standard will be effective for the Company on January 1, 2018, however, early adoption is permitted with prospective application to any business development transaction.

 

Management has considered all recent accounting pronouncements issued. The Company’s management believes that these recent pronouncements will not have a material effect on the Company’s financial statements.


NOTE 3 - PROPERTY AND EQUIPMENT

 

Property and equipment consisted of the following at October 31, 2017:


 

October 31,

 

2017

Office equipment

$

3,995 

Accumulated depreciation

 

(933)

Property and equipment, net

$

3,062 





13



NOTE 4 – EQUITY INVESTMENTS


212 Technologies, LLC


On May 21, 2017, the Company entered into a transaction whereby the Company will acquire a Forty-eight percent (48%) interest in 212 Technologies, LLC, a Montana limited liability company (“212 Tech”), in exchange for 15,628,750 shares of the Company’s Series A Convertible Preferred Stock and cash in the amount of $100,000.  212 Technologies, LLC is a developer of end-to-end online marketing and direct sales software systems. Initially, the Company will acquire a Twenty-four percent (24%) interest in exchange for 5,628,750 shares of the Company’s Series A Convertible Preferred Stock and cash. The Stakeholder and Investment Agreement dated May 21, 2017 also provides for the acquisition by the Company of the remaining twenty-four percent (24%) interest in 212 Tech at a future date in exchange for an additional 10,000,000 shares of the Company’s Series A Preferred Stock, when the following milestones have been reached: (i) One year has passed from the original MOU; and (ii) the price per share of the Company’s common stock is quoted at $10.00 or more. The Company, in exchange, received a non-exclusive, non-royalty bearing, perpetual, worldwide license of all of the Intellectual Property Rights developed and held by 212 Tech.


The Company acquired a 24% interest in 212 Tech by paying $25,000 in cash, leaving a payable of $75,000, and issuing 5,628,750 shares of Series A Convertible Preferred Stock, with a deemed value of $0.25 per share or $1,407,188.  As of October 31, 2017, we recorded $1,507,188 as an investment at cost.


561 LLC


The Company acquired a 25% interest in 561 LLC by issuing 2,500,000 shares of Series A Convertible Preferred Stock, with a deemed value of $0.25 per share or $625,000.    The shares are to be issued to the 561 Equity-holders as follows: 625,000 shares issued within 5 days of the of the closing date.  These shares are issued and outstanding at October 31, 2017.  625,000 Shares are to be issued on or before December 31, 2017; 625,000 Shares are to be issued on or before April 30, 2018; and 625,000 Shares are to be issued on or before August 31, 2018. As of October 31, 2017, we recorded $156,250 as an investment at cost for the first installment of 625,000 shares issued.


The 561 Equity-Holders shall be entitled to an additional Two Million Five Hundred Thousand (2,500,000) of shares of the Company’s restricted Series A Preferred Stock, $0.0001 par value per share, when both of the following conditions have been met: (a) Following the first year’s anniversary of the Closing Date and (b) the closing bid price of the Company’s common stock equals or exceeds $5.00 per share, as reported by OTC Markets, Inc. If these conditions are met, the Company shall cause the issuance of such shares within ten (10) calendar days of the satisfaction of such conditions.


The 561 Equity-Holders shall be entitled to an additional Two Million Five Hundred Thousand (2,500,000) of shares of the Company’s restricted Series A Preferred Stock, $0.0001 par value per share, when the following conditions have been met: The Company shall be the owner of record of no less than Forty percent (40%) of the member interests in each of (i) 561 and (ii) its affiliated company, America Approved Commercial, LLC. If these conditions are met, the Company shall cause the issuance of such shares within ten (10) calendar days of the satisfaction of such conditions.


America Approved Commercial LLC


The Company acquired a 25% interest in America Approved Commercial LLC by issuing 2,500,000 shares of Series A Convertible Preferred Stock, with a deemed value of $0.25 pure share or $625,000. The Company issued 625,000 shares during the period ended October 31, 2017. As of October 31, 2017, we recorded $156,250 as an investment at cost for the first installment of 625,000 shares issued.


The AAC Equity-Holders shall be entitled to an additional Two Million Five Hundred Thousand (2,500,000) of shares of the Company’s restricted Series A Preferred Stock, $0.0001 par value per share, when both of the following conditions have been met: (a) Following the first year’s anniversary of the Closing Date and (b) the closing bid price of the Company’s common stock equals or exceeds $5.00 per share, as reported by OTC Markets, Inc.  If these conditions are met, the Company shall cause the issuance of such shares within ten (10) calendar days of the satisfaction of such conditions.



14




The AAC Equity-Holders shall be entitled to another additional Two Million Five Hundred Thousand (2,500,000) of shares of the Company’s restricted Series A Preferred Stock, $0.0001 par value per share, when the following conditions have been met: The Company shall be the owner of record of no less than Forty percent (40%) of the member interests in each of (i) AAC and (ii) its affiliated company, 561, LLC.  If these conditions are met, the Company shall cause the issuance of such shares within ten (10) calendar days of the satisfaction of such conditions.


Medical Smart Care LLC


The Company acquired a 40% interest in Medical Smart Care LLC for 1,000,000 shares of Series A Convertible Preferred Stock, with a deem value of $0.25 pure share or $250,000.  The shares are to be issued to the Medical Smart Care Equity-holder as follows: 250,000 shares issued within 5 days of the of the closing date.  These shares wer issued in November with the mutual consent of the parties. 250,000 Shares are to be issued on or before December 31, 2017; 250,000 Shares are to be issued on or before April 30, 2018; and 250,000 Shares are to be issued on or before August 31, 2018. As of October 31, 2017, we recorded $62,500 as an investment at cost for the first installment of 250,000 shares issued.


LEH Insurance Group LLC


The Company acquired a 40% interest in LEH Insurance Group LLC (“LEHIG”) by issuing 500,000 shares of Series A Convertible Preferred Stock, with a deem value of $0.25 pure share or $125,000.  As of October 31, 2017, we recorded $125,000 as an investment at cost.  The 500,000 shares were issued to the LEHIG Equity-holder in November 2017.


The LEHIG Equity-Holder shall be entitled to an additional Five Hundred Thousand (500,000) of shares of the Company’s restricted Series A Preferred Stock, $0.0001 par value per share, when the following condition has been met:  Prior to December 31, 2018, LEHIG has booked premiums of at least Five Hundred Thousand dollars ($500,000). If this condition is met, the Company shall cause the issuance of such shares within ten (10) calendar days of the satisfaction of such conditions.


The LEHIG Equity-Holder shall be entitled to a second additional Five Hundred Thousand (500,000) of shares of the Company’s restricted Series A Preferred Stock, $0.0001 par value per share, when the following condition has been met: Prior to December 31, 2018, LEHIG has booked premiums of at least One Million dollars ($1,000,000).  If this condition is met, the Company shall cause the issuance of such shares within ten (10) calendar days of the satisfaction of such conditions.


NOTE 5 - NOTES PAYABLE

 

Notes Payable consisted of the following at October 31, 2017:


 

 

July 31,

2017

 

Interest

Rate

 

 

Maturity

Dated – March 20, 2017

 

$

10,000

 

12%

 

 

March 18, 2018

Dated – May 4, 2017

 

 

10,000

 

12%

 

 

May 3, 2018

Dated – May 11, 2017

 

 

15,000

 

12%

 

 

May 10, 2017

Total notes payable

 

 

35,000

 

 

 

 

 

Less: current portion of notes payable

 

 

35,000

 

 

 

 

 

Long-term notes payable

 

-

 

 

 

 

 



As of October 31, 2017, the Company accrued interest on these notes of $2,196 and recorded interest expense of $2,058 in interest expense for the period from inception (May 5, 2017) to October 31, 2017.




15



NOTE 6 - CONVERTIBLE NOTES PAYABLE

 

Convertible notes payable consisted of the following at October 31, 2017:


 

 

October 31, 2017

Dated – May 15, 2017

 

$

63,000 

Dated – June 20, 2015  

 

 

38,000 

Dated - September 26, 2017

 

 

15,000 

Dated - October 10, 2017

 

 

100,000 

Total convertible notes payable

 

 

216,000 

Less: debt discount and deferred financing fees

 

 

(125,491)

 

 

 

90,509 

Less: current portion of convertible notes payable

 

 

90,509 

Long-term convertible notes payable

 

$



The Company recognized amortization expense related to the debt discount and deferred financing fees of $90,509 for the period of inception (May 5, 2017) to October 31, 2017, which are included in interest expense in the consolidated statements of operations.  The Company also recorded an interest of $29,630 on the convertible notes payables, during the period from inception (May 5, 2017) to October 31, 2017.


On November 14, 2017, the Company paid $90,055, for settlement of the note dated May 15, 2017, with a principal balance of $63,000.  As of October 31, 2017, the Company recorded $23,534 in prepayment penalties and accrued interest payable and recognized a gain of $93,285 from the change in derivative liability.


Promissory Notes – Issued in Fiscal year 2017


During the period of inception (May 5, 2017) to October 31, 2017, the Company issued a total of $216,000 notes with the following terms:


 

--

Terms of zero to 9 months

 

 

 

 

--

Annual interest rates of 12%

 

 

 

 

--

Convertible at the option of the holders at issuance. 

 

 

 

 

--

Conversion prices are typically based on the discounted (39% discount) lowest two (2) trading prices of the Company’s common shares during the fifteen (15) trading day period prior to conversion. One note has a fixed conversion price of $0.005 per share.

 

The notes allow the Company to redeem the notes at rates ranging from 110% to 135% depending on the redemption date provided that no redemption is allowed after the 180th day.  The Company received net cash of $207,000 on the convertible notes and recognized $9,000 as deferred financing fee, which is being amortized over the term of the convertible notes.


The Company determined that the conversion feature met the definition of a liability in accordance with ASC Topic No. 815 - 40, “Derivatives and Hedging - Contracts in Entity's Own Stock,” and therefore bifurcated the embedded conversion option once the note becomes convertible and accounted for it as a derivative liability. The fair value of the conversion feature was recorded as a debt discount and amortized to interest expense over the term of the note.

 

The Company valued the conversion feature using the Black Scholes valuation model.  The fair value of the derivative liability for all the notes amounted to $2,246,349. $147,000 of the value assigned to the derivative liability was recognized as a debt discount to the notes while the balance of $2,099,349 was recognized as a “day 1” derivative loss.



16




NOTE 7 -  DERIVATIVE LIABILITIES

 

The Company analyzed the conversion option for derivative accounting consideration under ASC 815, “Derivatives and Hedging,” and determined that the instrument should be classified as a liability since the conversion option becomes effective at issuance resulting in there being no explicit limit to the number of shares to be delivered upon settlement of the above conversion options.


The Company determined our derivative liabilities to be a Level 3 fair value measurement and used the Black-Scholes pricing model to calculate the fair value as of October 31, 2017. The Black-Scholes model requires six basic data inputs: the exercise or strike price, time to expiration, the risk free interest rate, the current stock price, the estimated volatility of the stock price in the future, and the dividend rate. Changes to these inputs could produce a significantly higher or lower fair value measurement. The fair value of each convertible note is estimated using the Black-Scholes valuation model. The following weighted-average assumptions were used for the period ended October 31, 2017:


 

 

 

Date of Inception

(May 5, 2017) to

 

 

 

October 31,

2017

Expected term

 

 

 0.31 – 1.00 year

Expected average volatility

 

 

 126% - 330%

Expected dividend yield

 

 

                       -   

Risk-free interest rate

 

 

 0.99% - 1.34%



The following table summarizes the derivative liabilities included in the balance sheet at October 31, 2017:


Fair Value Measurements Using Significant Observable Inputs (Level 3)

Balance - May 5, 2017

 

$

Acquisition of derivative liability on reverse acquisition

 

 

93,349 

Addition of new derivatives recognized as debt discounts

 

 

147,000 

Addition of new derivatives recognized as loss on derivatives

 

 

2,099,349 

(Gain) on change in fair value of the derivative

 

 

(976,758)

Balance - October 31, 2017

 

$

1,362,940 



ASC 815 requires we assess the fair market value of derivative liability at the end of each reporting period and recognize any change in the fair market value as other income or expense item. The following table summarizes the loss (gain) on derivative liability included in the income statement for the period of inception (May 5, 2017) to October 31, 2017.


Day one loss due to derivative liabilities on convertible notes payable

 

$

2,099,349 

(Gain) Loss on change in fair value of the derivative

 

 

(976,758)

Loss on change in fair value of derivative liabilities

 

$

1,122,591 



NOTE 8 -  RELATED PARTY CONSIDERATIONS


Alchemist Holdings, LLC


As part of the acquisition of Total Travel Media (see Note 1), Alchemist Holdings, LLC (“Alchemist”), which is controlled by our Chairman, Robert Oblon, received 7,500,000 shares of the Series B Convertible Preferred Stock



17



(75% of the issued shares) and 7,500,000 shares of the Common Class B Stock (75% of the issued shares), respectively.


As part of the acquisition of Four Oceans Holdings, Inc. (see Note 1), Alchemist received 50,000,000 shares of the Series A Convertible Preferred Stock (66.7% of the issued shares).


On March 15, 2017, the Company entered into a Consultancy and Marketing Agreement with Alchemist to provide marketing and consulting services, tools, websites, video production and event management services.  The Agreement shall remain in effect until the completion of the services. The Agreement may be terminated by the Company, without cause and without liability by giving 14 calendar days written notice of such termination to Alchemist.  Total cost for these services were estimated to be $840,000 for twelve months from agreement date. The Company has paid $862,361, to the related party, pursuant to this agreement, during the six months ended October 31, 2017. Of this amount, $724,511was paid post reverse acquisition (May 23, 2017) and is included in the marketing expense in the accompanying financial statements. Subsequent to October 31, 2017, approximately $75,000 was paid for services.

 

Bear Bull Market Dividends, Inc.


As part of the acquisition of Total Travel Media (see Note 1), Bear Bull Market Dividends, Inc. (“Bear Bull”), received 2,500,000 shares of the Series B Convertible Preferred Stock (25% of the issued shares) and 2,500,000 shares of the Common Class B Stock (25% of the issued shares), respectively.


As part of the acquisition of Four Oceans Holdings, Inc. (see Note 1), Bear Bull received 20,000,000 shares of the Series A Convertible Preferred Stock (26.7% of the issued shares).


On April 7, 2017, the Company issued a Promissory Note to Bear Bull, for $16,500, due April 6, 2018. The Note carries an annual interest rate of 12%. As of October 31, 2017, the accrued interest on the note amounted to $1,128.


Other


During the period from May 5, 2017 to October 31, 2017, the Company paid no management fees to our CEO and CFO.


NOTE 9 - STOCKHOLDERS’ DEFICIT


Preferred Stock


The Company has authorized 200,000,000 preferred shares with a par value of $0.0001 per share. The Board of Directors is authorized to divide the authorized shares of Preferred Stock into one or more series, each of which shall be so designated as to distinguish the shares thereof from the shares of all other series and classes.


Series A Convertible Preferred Stock


The Company has authorized the issuance of one hundred million (100,000,000) shares of Series A Preferred Stock.  The Series A Preferred shares are senior in ranking to the Series C Preferred shares, but junior to the Series B Preferred shares.  The affirmative vote of the holders of Eighty-six percent (86%) of the issued and outstanding shares of Series A Preferred Stock shall be required for the Board of Directors to: (i) declare dividends upon shares of common stock unless the Series A Preferred shares are to receive the same dividend as the common shares, on an as converted basis; (ii) redeem the shares of Series A Preferred Stock at a price of $0.001 per share; (iii) authorize or issue additional or other capital stock that is junior or equal rank to the Series A Preferred shares with respect to the preferences as to distributions and payments upon the liquidation or dissolution and winding up of the Company; and (iv) amend, alter, change, or repeal any of the powers, designations, preferences, and rights of the Series A Preferred Stock.  Upon the dissolution, liquidation, or winding up of the Company, whether voluntary or involuntary, the holders of the Series A Preferred Stock shall receive out of the assets of the Company the sum of $0.001 per shares before any payment or distribution shall be made on the Common Stock, or any other class of



18



capital stock of the Company ranking junior to the Series A Preferred Stock.  For a period of ten (10) years from the date of issuance of shares of Series A Preferred Stock, the holders may elect to convert each share of Series A Preferred Stock into one share of the Company’s Common Stock.  Each share of Series A Preferred Stock is entitled to one vote when voting as a class or together with shares of Common Stock.


From May 5, 2017 to October 31, 2017, the Company issued the following shares of Series A Convertible Preferred Stock:


·

On October 4, 2017, we issued 500,000 shares of Series A Convertible preferred stock to LEH Insurance Group LLC, as part of an equity investment for 40% of to LEH Insurance Group LLC. The shares were issued for a deemed value of $0.25 per share or $125,000 (see Note 4).


·

On October 4, 2017, we issued 250,000 shares of Series A Convertible preferred stock to Medical Smart Care LLC, as part of an equity investment for 40% of Medical Smart Care LLC. The shares were issued for a deemed value of $0.25 per share or $62,500 (see Note 4).


·

On October 4, 2017, we issued 625,000 shares of Series A Convertible preferred stock to America Approved Commercial LLC, as part of an equity investment for 25% of America Approved Commercial LLC. The shares were issued for a deemed value of $0.25 per share or $156,250 (see Note 4).


·

On October 4, 2017, we issued 625,000 shares of Series A Convertible preferred stock to 561 LLC, as part of an equity investment for 25% of 561 LLC. The shares were issued for a deemed value of $0.25 per share or $156,250 (see Note 4).


·

On September 29, 2017, we issued 75,000,000 shares of Series A Convertible preferred stock, 50,000,000 shares to Alchemist Holdings, 20,000,000 shares to Bear Bull  Market Dividends, Inc., and 5,000,000 shares  to Research and Referral, BZ; as an acquisition for 100% of Four Oceans Holdings, Inc. The acquisition was under common control and the deemed value was the historical cost of Four Oceans Holdings, Inc. (see Note 1).


·

From June to July, 2017, we issued 1,065,790 shares of Series A Convertible preferred stock to consultants for a deemed value of $0.25 per share or $266,448.


·

On May 31, 2017, we issued 5,628,750 shares of Series A Convertible preferred stock to 212 Technologies, LLC, as part of an equity investment for 24% of 212 technologies, LLC. The shares were issued for a deemed value of $0.25 per share or $1,407,188 (see Note 4).


As of October 31, 2017, 83,694,540 shares of series A Convertible Preferred Stock were issued and outstanding.  


Series B Convertible Preferred Stock


The Company has authorized the issuance of ten million (10,000,000) series of Series B Preferred Stock.  The Series B Preferred shares are senior in ranking to the Series A and Series C Preferred shares.  The affirmative vote of the holders of Eighty-six percent (86%) of the issued and outstanding shares of Series B Preferred Stock shall be required for the Board of Directors to: (i) declare dividends upon shares of common stock unless the Series B Preferred shares are to receive the same dividend as the common shares, on an as converted basis; (ii) redeem the shares of Series B Preferred Stock at a price of $0.001 per share; (iii) authorize or issue additional or other capital stock that is senior, junior or equal rank to the Series B Preferred shares with respect to the preferences as to distributions and payments upon the liquidation or dissolution and winding up of the Company; and (iv) amend, alter, change, or repeal any of the powers, designations, preferences, and rights of the Series B Preferred Stock.  Upon the dissolution, liquidation, or winding up of the Company, whether voluntary or involuntary, the holders of the Series B Preferred Stock shall receive out of the assets of the Company the sum of $0.001 per shares before any payment or distribution shall be made on the Common Stock, or any other class of capital stock of the Company ranking junior to the Series B Preferred Stock.  For a period of ten (10) years from the date of issuance of shares of Series B Preferred Stock, the holders may elect to convert each share of Series B Preferred Stock into one share of



19



the Company’s Common Stock.  Each share of Series B Preferred Stock is entitled to one vote when voting as a class and one thousand votes when voting together with shares of Common Stock.


On May 23, 2017, pursuant to the Share Exchange Agreement (See Note 1), the Company issued 10,000,000 shares of Series B convertible preferred stock to the stockholders of Total Travel Media in exchange for 10,000,000 shares of Total Travel Media’s common stock, representing 100% of its issued and outstanding common stock. As a result of the reverse acquisition accounting, these shares issued to the former Total Travel Media stockholders are treated as being outstanding from the date of issuance of the Total Travel Media shares.


As of October 31, 2017, 10,000,000 shares of series B Preferred Stock were issued and outstanding.


Series C Convertible Preferred Stock


The Company has authorized the issuance of ten million (10,000,000) series of Series C Preferred Stock.  The Series C Preferred shares are junior in ranking to the Series A and Series B Preferred shares.  The affirmative vote of the holders of Eighty-six percent (86%) of the issued and outstanding shares of Series C Preferred Stock shall be required for the Board of Directors to: (i) declare dividends upon shares of common stock unless the Series C Preferred shares are to receive the same dividend as the common shares, on an as converted basis; (ii) redeem the shares of Series C Preferred Stock at a price of $0.001 per share; (iii) authorize or issue additional or other capital stock that is junior or equal rank to the Series C Preferred shares with respect to the preferences as to distributions and payments upon the liquidation or dissolution and winding up of the Company; and (iv) amend, alter, change, or repeal any of the powers, designations, preferences, and rights of the Series C Preferred Stock.  Upon the dissolution, liquidation, or winding up of the Company, whether voluntary or involuntary, the holders of the Series C Preferred Stock shall receive out of the assets of the Company the sum of $0.001 per shares before any payment or distribution shall be made on the Common Stock, or any other class of capital stock of the Company ranking junior to the Series C Preferred Stock.  For a period of ten (10) years from the date of issuance of shares of Series C Preferred Stock, the holders may elect to convert each share of Series C Preferred Stock into one share of the Company’s Common Stock.  Each share of Series C Preferred Stock is entitled to one vote when voting as a class or together with shares of Common Stock.


During the three month period ended October 31, 2017, we issued 1,410,000 shares of Series C Convertible Preferred Stock for $0.25 per share, for proceeds of $352,500.


As of October 31, 2017, 2,470,000 shares of series C Preferred Stock were issued and outstanding.


Common Stock


The Company has authorized the issuance of Class A common stock and Class B common stock. We are authorized to issue 500,000,000 shares of Class A common stock and 10,000,000 shares of Class B common stock, each with a par value of $0.0001 per share. Holders of our Class A common stock and Class B common stock are entitled to dividends when, as and if, declared by our board of directors, subject to the rights of the holders of all classes of stock outstanding having priority rights to dividends.  The shares of each class of Common Stock shall be identical except that the holders of the Class B Common Stock shall be entitled to elect a majority of the Board of Directors and the holders of the Class A Common Stock shall elect the remainder of the directors.  Each share of Class B Common Stock shall be convertible at any time into one share of Common Stock at the option of the holder.  Class A common stock and Class B common stock are referred to as common stock throughout the notes to these financial statements, unless otherwise noted.


On September 26, 2017, the Company issued 1,500,000 shares of Class A common stock for consulting services, valued at $1,042,500.


On May 23, 2017, pursuant to the Share Exchange Agreement (See Note 1), the Company issued 10,000,000 shares of Class B common stock to the stockholders of Total Travel Media in exchange for 10,000,000 shares of Total Travel Media’s common stock, representing 100% of its issued and outstanding common stock. As a result of the reverse acquisition accounting, these shares issued to the former Total Travel Media stockholders are treated as being outstanding from the date of issuance of the Total Travel Media shares.



20




As of October 31, 2017, there were 54,860,000 shares of Class A common stock and 10,000,000 shares of Class B common stock issued and outstanding, respectively.


Shares Subscribed


As of October 31, 2017, the Company has received subscriptions for Series C Convertible Preferred Stock totaling $157,001.


NOTE 10 -  COMMITMENTS AND CONTINGENCIES


Pursuant to our 40% equity investment in LEH Insurance Group LLC (“LEHIG”), on October 4, 2017, LEHIG based upon attaining certain benchmarks for booked insurance premiums through December 31, 2018, the seller of the LEHIG ownership may be entitled to an additional 1,000,000 shares of the Company’s Series A Preferred Stock.  As of October 31, 2017, the Company has not recorded a contingency for this event.


Pursuant to our 25% equity investment in 561 LLC ("561"), on October 4, 2017, if, on October 4, 2018, the Company's common stock has a closing bid price in excess of $5.00 per share, the sellers of 561 ownership shall be entitled to an additional 2,500,000 shares of the Company's Series A Preferred Stock.  Additionally, at such time as the Company shall be the owner of record of no less than 40% of the member interests in each of 561 and it's affiliated Company, America Approved Commercial, LLC ("AAC"), the Sellers of 561 ownership shall be entitled to another 2,500,000 shares of the Company's Series A Preferred Stock.  As of October 31, the Company has not made a contingency for these events


Pursuant to our 25% equity investment in AAC, on October 4, 2017, if, on October 4, 2018, the Company's common stock has a closing bid price in excess of $5.00 per share, the sellers of the AAC ownership shall be entitled to an additional 2,500,000 shares of the Company's Series A Preferred Stock. Additionally, at such time as the Company shall be the owner of record of no less than 40% of the member interests in each of AAC and its affiliated company, 561, the sellers of AAC shall be entitled to another 2,500,000 shares of the Company's Series A Preferred Stock. As of October 31, the Company has not made a contingency for these events.


NOTE 11 -  SUBSEQUENT EVENTS


Subsequent to October 31, 2017,

·

the Company received $47,500 as share subscriptions for Series C Convertible Preferred Stock at $0.25 per share, and issued 190,000 shares of Series C Convertible Preferred Stock.

·

On November 14, 2017, Sharing Services, Inc. (the “Company”) prepaid, in full, the convertible promissory note dated May 15, 2017 in the principal amount of Sixty-Three Thousand dollars ($63,000.00) (the “Note”) plus accrued interest and a prepayment penalty, for a total payment of $90,055.13.  As a result of this payment, the Company has fully satisfied its obligations under the Note and the holder of the Note, Power Up Lending Group, Ltd., is no longer entitled to exercise its conversion rights under the Note.

·

Effective November 27, 2017, Robert Oblon was elected a Director of the Company by unanimous vote of the holders of all issued and outstanding shares of Class B Common Stock of the Company, which pursuant to the Amended and Restated Articles of Incorporation of the Company, are entitled to elect a majority of the members of the Company’s Board of Directors. Mr. Oblon, as the control person of Alchemist Holdings LLC, voted all of its shares of Class B Common Stock in favor of his election to the Board of Directors.  Subsequent thereto, also on November 27, 2017, the Board of Directors elected Mr. Oblon as Chairman of the Board of Directors.  Mr. Oblon’s term as a Director shall be 3 years, until the Company’s Annual Meeting of Stockholders in 2020.  

·

The Company closed a financing transaction whereby the Company borrowed the sum of Fifty Thousand dollars ($50,000.00) from an accredited investor, Caye Island Ventures LLC (the “Lender”).  The transaction involved (i) the issuance by the Company in favor of the Lender of a Convertible Promissory Note (the “Note”) in the principal amount of $50,000.00 and (ii) the entering into of a Securities Purchase Agreement by the Company and the Lender (the “SPA”).  The Note accrues interest at the rate of Twelve



21



percent (12%) per annum with the principal amount and all accrued interest being due and payable on November 13, 2018.  At the option of the Lender, the Note is convertible into shares of the Company’s common stock at any time following 180 days from its issuance. The foregoing description of the Note and the accompanying SPA, both dated November 13, 2017, is a summary only and is qualified in its entirety by the full text of the Note and SPA, which are filed as Exhibits 1.1 and 1.2 hereto, respectively, and incorporated herein by reference.





22



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


The following discussion of our financial condition and results of operations should be read in conjunction with our unaudited condensed consolidated financial statements and associated notes appearing elsewhere in this Report on Form 10-Q. This discussion contains forward-looking statements based upon current expectations that involve risks and uncertainties. See “Cautionary Note Regarding Forward-Looking Statements.” Our actual results may differ materially from those contained in or implied by any forward-looking statements as a result of various factors, including the risks and uncertainties described under “Risk Factors.”, as set forth in our Annual Report on Form 10-K filed with the SEC on September 11, 2017.


Recapitalization. 


Our acquisition of Total Travel Media, Inc., a Nevada corporation (“Total Travel”) discussed below was accounted for as a recapitalization of Total Travel since the shareholders of Total Travel obtained voting and managing control of our Company. Total Travel was the acquirer for financial reporting purposes and Sharing Services, Inc. was the acquired company. Consequently, the consolidated financial statements after completion of the acquisition include the assets and liabilities of both Sharing Services and Total Travel, the historical operations of Total Travel and their consolidated operations from the May 23, 2017 closing date of the acquisition. Total Travel retroactively applied its recapitalization for all periods presented in the accompanying consolidated financial statements.


Total Travel was incorporated in the State of Nevada on May 5, 2017. Total Travel was the surviving company and became a wholly owned subsidiary of Sharing Services. The financial statements reflected in this 10-Q as of October 31, 2017 represents the period May 5, 2017 (date of inception) to October 31, 2017.


The financial statements included in this report reflect all adjustments, consisting of normal recurring adjustments, which in the opinion of management are necessary for fair presentation of the information contained therein.


Our History.

We were incorporated in Nevada on April 24, 2015 under the name Sharing Services, Inc. and were engaged in the development of a taxi sharing web application.  In early 2017, we proposed expanding our business model into that of a diversified travel holdings company specializing in ride sharing, mobile applications, Social Travel Alchemy, relationship marketing, group travel programs, brick-and-mortar travel agencies, and vacation funding the adoption of the new business model was completed when, on May 23, 2017, we completed a reverse merger with Total Travel Media, pursuant to which the Company acquired all of the shares of capital stock of Total Travel Media from the holders of such stock, in exchange for the issuance of Ten Million (10,000,000) newly-issued shares of the Company’s Common Class B Stock, par value $0.0001 per share and (ii) Ten Million (10,000,000) newly-issued shares of the Company’s Series B Preferred Stock, par value $0.0001 per share. After the reverse merger, we continued Total Travel’s historical and proposed business.


Business Description

With the acquisition of Total Travel Media, Inc. on May 23, 2017, Sharing Services, Inc. (“Sharing Services”) completed the transition of its principal business operations from that of a taxi sharing web application to a travel and technology management Company utilizing a direct-selling model with a subscription-based vacation portal.


Sharing Services is a diversified travel holdings company specializing in ride sharing, mobile applications, 4.0 meta-search technologies, relationship marketing, group travel programs, and brick-and-mortar travel agencies. The Company’s direct-to-consumer online travel agent (OTA) platform delivers unprecedented access to many of today’s most popular travel destinations, and all with savings of up to 30% and 80% off published rates.


The objective of the Company is to scale revenues based on relationship marketing that are proven with the right travel related products and services. Sharing Services will launch a direct selling model with a subscription-based vacation portal accessing the new meta-search 4.0 technology.  Included in the subscription will be Vacation Financing options, Seminars on Vacation (called Vacationars) and below published fares with guaranteed lower rates than Expedia.




23



Metro-search is defined by a “search within a search”. Examples would be Kayak and Trivago, where consumers can search one time and access hundreds of websites. Sharing Services new meta-search 4.0 goes beyond Kayak and Trivago in two important ways: the fares searched (hotels) garner below published pricing and Sharing Services agents fulfill on the travel booked, rather that redirect the chosen result at Kayak for example, to the website the offer was made on. These two differentiators will help Sharing Services travel companies gain market share of travelers from around the world.  On February 1, 2017, the Company launched its (BETA) website.


Results of Operations for the Period of Inception (May 5, 2017) to October 31, 2017


As the Company was incorporated on May 5, 2017, we do not have historical operations to base current results on. The results related to the current operations do not include historical results of operations for Sharing Services prior to May 23, 2017 when we acquired Total Travel Media as noted above.


Overview


Since May 5, 2017 (inception) through October 31, 2017, the Company has no revenues and has net loss and accumulated losses since inception of $3,377,383.  For period ended October 31, 2017, we incurred operating expenses in the amount of $1,539,384 and other expense of $1,197,173 resulting in a net loss of $2,736,557.  Since inception (Mar 5, 2017) through October 31, 2017, we incurred operating expenses in the amount of $2,131,597 and other expense of $1,245,786 resulting in a net loss of $3,377,383.


 

October 31,

 

2017

Cash

$

69,483

Total Assets

 

2,088,608

Total Liabilities

 

1,656,220

Stockholders’ Equity

$

432,388



Operating Expenses and Loss from Operations


 

 

Date of Inception

 

 

(May 5, 2017) to

 

For the Quarter

October 31,

 

Ended October 31,

2017

General and administration

$                    66,958

$

94,770

Marketing expenses

                    405,790

 

694,207

Stock based compensation

                 1,042,500

 

1,308,948

Professional fees

                      24,136

 

33,672

 

$               1,539,384

$

2,131,597



During the Quarter ended October 31, 2017, our loss from operations and operating expenses were $1,539,384, primarily from marketing expenses of $405,790 and share based compensation of $1,042,500. The marketing expenses were for payments made to a related party, who is a significant shareholder and now Chairman of the Board of the Company, pursuant to a consulting and marketing agreement dated March 15, 2017, to provide marketing and consulting services, tools, websites, video production and event management services.  Stock based compensation is related to the issuance of 1,500,000 shares of common stock, to consultant, at a deemed value of $0.695 per share.


Since inception (Mar 5, 2017) through October 31, 2017, our loss from operations and operating expenses were $2,131,597, primarily from marketing expenses of $694,207 and share based compensation of $1,308,948. The marketing expenses were for payments made to a related party, who is a significant shareholder and now Chairman of the Board of the Company, pursuant to a consulting and marketing agreement dated March 15, 2017, to provide marketing and consulting services, tools, websites, video production and event management services.  Stock based



24



compensation is related to the issuance of 1,500,000 shares of common stock, to consultant, at a deemed value of $0.695 per share and the issuance of 1,065,790 shares of Series A Convertible Preferred Stock, to consultants, at a deemed value of $0.25 share.


Other Expenses


 

 

Date of Inception

 

For the Quarter Ended

(May 5, 2017) to

 

October 31, 2017

July 31, 2017

 

 

 

Interest expense

$

96,586

$

123,195

Change in fair value of derivative liability

1,100,587

 

1,122,591

 

$

1,197,173

$

1,245,786



For the Quarter ended October 31, 2017, interest expenses consisted of $67,539 for the amortization of the debt discount on convertible notes and $29,047 for interest expenses on notes payable.  The change in fair value of derivative liability represents the day one derivate expense on inception of the convertible notes of $2,070,855 less a derivative revaluation gain at October 31, 2017 of $970,268.


Since inception (Mar 5, 2017) through October 31, 2017, interest expenses consisted of $90,509 for the amortization of the debt discount on convertible notes, prepayment penalties of $22,970 and $9,716 for interest expenses on notes payable.  The change in fair value of derivative liability represents the day one derivative expense on inception of the convertible notes of $2,099,349 less a derivative revaluation gain at October 31, 2017 of $976,758.


Liquidity and Capital Resources


The following tables present selected financial information on our capital and cash flows as of and for the period ended October 31, 2017:


 

October 31,

 

2017

Current Assets

$

78,358

Current Liabilities

 

1,656,220

Working Capital Deficiency

$

1,577,862



 

Date of Inception

 

(May 5, 2017) to

 

October 31,

 

2017

Cash Flows used in Operating Activities

$

(797,972)

Cash Flows provided by Investing Activities

 

42,605 

Cash Flows provided by Financing Activities

 

824,850 

Net Increase in Cash During Period

$

69,483 



As of October 31, 2017, our working capital deficiency is primarily a result of currently liabilities from a derivative of $1,362,940, convertible notes payable of $90,509, and notes payable totaling $35,000.  Our current assets consisted primarily of cash of $69,483.




25



Net cash used in operating activities during the period ended October 31, 2017 was $797,972, which consisted of a net loss of $3,377,383, reduced by net non-cash expenses of $2,522,848, and net change in operating assets and liabilities of $56,563. 


Net cash provided by investing activities was the result of net cash retained in the merger with Total Travel Media of $57,605 and less $15,000 paid for an equity investment.


Net cash provided by financing activities was from proceeds on issuance of a convertible note for $147,000, proceeds from stock subscription and issuance of Series C Preferred Stock for $692,001, $849 proceeds from a related party, and less a repayment of $15,000 on a promissory note.


Capital Resources


We currently have limited cash resources on hand and our projected operating expenses and working capital needs exceed our income and cash resources. We do not have sufficient cash to carry out our operations over the next 12 months. As a result, capital raising has been and continues to be essential for our continued operations, ongoing sales and marketing efforts and further development of our business. 


Off Balance Sheet Arrangements


We do not have any relationships with unconsolidated entities or financial partnerships, such as entities often referred to as structured finance or special purpose entities, which would have been established for the purpose of facilitating off-balance sheet arrangements or other contractually narrow or limited purposes. In addition, we do not have any undisclosed borrowings or debt, and we have not entered into any synthetic leases. We are, therefore, not materially exposed to any financing, liquidity, market, or credit risk that could arise if we had engaged in such relationships.


Application of Critical Accounting Policies


We have identified the policies below as critical to our business operations and the understanding of our results of operations. The impact on our business operations and any associated risks related to these policies are discussed throughout Management’s Discussion and Analysis of Financial Condition and Results of Operations when such policies affect our reported or expected financial results.


In the ordinary course of business, we have made a number of estimates and assumptions relating to the reporting of results of operations and financial condition in the preparation of our financial statements in conformity with accounting principles generally accepted in the United States (“GAAP”). We base our estimates on historical experience and on various other assumptions that we believe are reasonable under the circumstances. The results form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results could differ significantly from those estimates under different assumptions and conditions. We believe that the following discussion addresses our most critical accounting policies, which are those that are most important to the portrayal of our financial condition and results of operations and require our most difficult, subjective, and complex judgments, often as a result of the need to make estimates about the effect of matters that are inherently uncertain.


The material estimates for our company are that of the stock-based compensation recorded for preferred stock issued, and the fair value of embedded conversion options that are convertible into a variable amount of shares, and the income tax valuation allowance recorded for deferred tax assets. The fair values of embedded conversion options are determined using the Black-Scholes option pricing model. We have no historical data on the accuracy of these estimates. The estimated sensitivity to change is related to the various variables of the Black-Scholes option pricing model stated below. The specific quantitative variables are included in the notes to the consolidated financial statements. The fair value of each option granted is estimated on the date of grant using the Black-Scholes option pricing model with the expected life, dividend yield, expected volatility, and risk-free interest rate weighted-average assumptions used for conversion options. Expected volatility for 2017 was estimated using the average historical volatility of our common stock. The risk-free rate for periods within the contractual life of the option is based on the U.S. Treasury yield curve in effect at the grant date. The expected life of options is based on the life of the instrument on grant date.



26




Going Concern


These financial statements have been prepared on a going concern basis, which assumes the Company will be able to realize its assets and discharge its liabilities in the normal course of business for the foreseeable future. To date the Company has generated no revenues from its business operations and has an accumulated deficit of $3,377,383. As of October 31, 2017, the Company had a working capital deficit of $1,577,862. The Company requires additional funding to meet its ongoing obligations and to fund anticipated operating losses. The ability of the Company to continue as a going concern is dependent on raising capital to fund its initial business plan and ultimately to attain profitable operations. Accordingly, these factors raise substantial doubt as to the Company’s ability to continue as a going concern. The Company has initiated extensive direct sales and social media marketing which it expects to drive significant sales volume of the Company’s products, and services over the next several months. The Company expects to become profitable and not need additional outside funding once working capital needs have been met.  The acceptance of the Company’s marketing efforts are uncertain and therefore, the Company has plans to continue to fund its business by way of private placements, promissory notes, convertible promissory notes and advances from related parties as may be required.


These financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.


Stock-Based Compensation


ASC 718, “Compensation - Stock Compensation,” prescribes accounting and reporting standards for all share-based payment transactions in which employee services are acquired. Transactions include incurring liabilities, or issuing or offering to issue shares, options, and other equity instruments such as employee stock ownership plans and stock appreciation rights. Share-based payments to employees, including grants of employee stock options, are recognized as compensation expense in the financial statements based on their fair values. That expense is recognized over the period during which an employee is required to provide services in exchange for the award, known as the requisite service period (usually the vesting period).


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


Share-based expense totaled $1,308,948 for the period of inception (May 5, 2017) to October 31, 2017.


Convertible Notes


Convertible notes are regarded as compound instruments, consisting of a liability component and an equity component. The component parts of compound instruments are classified separately as financial liabilities and equity in accordance with the substance of the contractual arrangement. At the date of issue, the fair value of the liability component is estimated using the prevailing market interest rate for a similar non-convertible instrument. This amount is recorded as a liability on an amortized cost basis until extinguished upon conversion or at the instrument’s maturity date. The equity component is determined by deducting the amount of the liability component from the fair value of the compound instrument as a whole. This is recognized as additional paid-in capital and included in equity, net of income tax effects, and is not subsequently remeasured. After initial measurement, they are carried at amortized cost using the effective interest method.


Derivative Financial Instruments


The fair value of an embedded conversion option that is convertible into a variable amount of shares and warrants that include price protection reset provision features are deemed to be “down-round protection” and, therefore, do not meet the scope exception for treatment as a derivative under ASC 815 “Derivatives and Hedging”, since “down-round protection” is not an input into the calculation of the fair value of the conversion option and warrants and



27



cannot be considered “indexed to the Company’s own stock” which is a requirement for the scope exception as outlined under ASC 815.


The accounting treatment of derivative financial instruments requires that the Company record the embedded conversion option and warrants at their fair values as of the inception date of the agreement and at fair value as of each subsequent balance sheet date. Any change in fair value is recorded as non-operating, non-cash income or expense for each reporting period at each balance sheet date. The Company reassesses the classification of its derivative instruments at each balance sheet date. If the classification changes as a result of events during the period, the contract is reclassified as of the date of the event that caused the reclassification.


The Black-Scholes option valuation model was used to estimate the fair value of the conversion options. The model includes subjective input assumptions that can materially affect the fair value estimates. The expected volatility is estimated based on the most recent historical period of time, of other comparative securities, equal to the weighted average life of the options.


Conversion options are recorded as debt discount and are amortized as interest expense over the life of the underlying debt instrument.


Also, refer to Note 2 - Significant Accounting Policies and Note 7 - Derivative Liabilities in the unaudited condensed consolidated financial statements that are included in this Report.


Recent accounting pronouncements


For discussion of recently issued accounting pronouncements, please see Note 2 to the unaudited condensed consolidated financial statements included in this report.


Item 3.  Quantitative and Qualitative Disclosures about Market Risk.


We are a smaller reporting company as defined by Rule 12b-2 of the Exchange Act and are not required to provide the information required under this item.


Item 4.  Controls and Procedures.


Disclosure Controls and Procedures


Disclosure controls and procedures are controls and other procedures that are designed to ensure that information required to be disclosed in our reports filed or submitted under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported, within the time period specified in the SEC's rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed in our reports filed or submitted under the Securities Exchange Act of 1934 is accumulated and communicated to management including our principal executive officer and principal financial officer as appropriate, to allow timely decisions regarding required disclosure.


In connection with this quarterly report, as required by Rule 15d-15 under the Securities Exchange Act of 1934, we have carried out an evaluation of the effectiveness of the design and operation of our company's disclosure controls and procedures. The material weaknesses in our disclosure control procedures are as follows:


1.  Lack of formal policies and procedures necessary to adequately review significant accounting transactions. We utilize a third party independent contractor for the preparation of our financial statements. Although the financial statements and footnotes are reviewed by our management, we do not have a formal policy to review significant accounting transactions and the accounting treatment of such transactions. The third party independent contractor is not involved in our day to day operations and may not be provided information from our management on a timely basis to allow for adequate reporting/consideration of certain transactions.


2.  Audit Committee and Financial Expert. We do not have an audit committee with a financial expert and, thus, we lack the appropriate oversight within the financial reporting process.




28



We intend to initiate measures to remediate the identified material weaknesses, including, but not necessarily limited to, the following:


 

 Establishing a formal review process of significant accounting transactions that includes participation of our principal executive officer, principal financial officer and corporate legal counsel.

 

 

 Form an audit committee that will establish policies and procedures that will provide our Board of Directors with a formal review process that will among other things, assure that management controls and procedures are in place and being maintained consistently.


Changes in Internal Control Over Financial Reporting


There were no changes in our internal control over financial reporting (as defined in Rule 13a-15(f) or 15d-15(f)) during the quarter ended October 31, 2017 that have materially affected, or are reasonably likely to materially affect, our internal controls over financial reporting.



29



PART II—OTHER INFORMATION


Item 1. Legal Proceedings.


Currently we are not involved in any pending litigation or legal proceeding.


Item 1A. Risk Factors.


We are a smaller reporting company as defined by Rule 12b-2 of the Exchange Act and are not required to provide the information required under this item.


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


Sales of unregistered securities by the Company during the period covered by this report were disclosed in our Current Reports on Form 8-K filed October 2, 2017, October 5, 2017, October 10, 2017, and October 13, 2017, respectively and as such, are not required to be furnished in this report.  In addition, the Company sold additional unregistered securities during the period covered by this report as follows:  (i) On September 26, 2017, the Company issued 1,500,000 restricted shares of its Common Stock (Class A) to a third party for consulting services, and during the Quarter ended October 31, 2017, the Company issued 2,470,000 restricted shares of its Series C Preferred Stock pursuant to an offering by means of a private placement memorandum.  Each of the aforementioned sales of securities were made in reliance upon the exemption offered under Section 4(2) of the Securities Act of 1933.


Item 3. Defaults Upon Senior Securities.


None


Item 4. Mining Safety Disclosures.


None


Item 5. Other Information.


None


Item 6. Exhibits.


The following exhibits are incorporated into this Form 10-Q Quarterly Report:


Exhibit No.

 

Description

31.1

 

Certification of Chief Executive Officer Pursuant to Rule 13a–14(a) or 15d-14(a) of the Securities Exchange Act of 1934 [1]

31.2

 

Certification of Chief Financial Officer Pursuant to Rule 13a-14(a) or 15d-14(a) of the Securities Exchange Act of 1934 [1]

32.1

 

Certification of Chief Executive Officer under Section 1350 as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 [1]

32.2

 

Certification of Chief Financial Officer under Section 1350 as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 [1]


[1] Included herewith.




30



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.


SHARING SERVICES, INC.

            (Registrant)



    Date: December 27, 2017

By: /s/ Jordan Brock

      Jordan Brock

      President and Director

      Principal and Executive Officer



    Date: December 27, 2017


By: /s/ Frank A. Walters

      Frank A. Walters

      Secretary Treasurer and Director

      Principal Financial Officer

      Principal Accounting Officer




31


EX-31.1 2 ex31_1apg.htm EXHIBIT 31.1 EXHIBIT 31.1

 

 

EXHIBIT 31.1

PRINCIPAL EXECUTIVE OFFICER

CERTIFICATION PURSUANT TO SECTION 302

OF THE SARBANES-OXLEY ACT OF 2002


I, Jordan Brock, certify that:


1. I have reviewed this quarterly report for the period ended October 31, 2017 on Form 10-Q of Sharing Services, Inc. (the “registrant”);

 

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.




By: /s/ Jordan Brock

Jordan Brock

President and Chief Executive Officer

Date: December 27, 2017

 



EX-31.2 3 ex31_2apg.htm EXHIBIT 31.2 EXHIBIT 31.2

 

 

EXHIBIT 31.2

PRINCIPAL FINANCIAL OFFICER

CERTIFICATION PURSUANT TO SECTION 302

OF THE SARBANES-OXLEY ACT OF 2002


I, Frank A. Walters, certify that:


1. I have reviewed this quarterly report for the period ended October 31, 2017 on Form 10-Q of Sharing Services, Inc. (the “registrant”);

 

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.



By: /s/ Frank A. Walters

Frank A. Walters

Chief Financial Officer

and Principal Accounting and Financial Officer

Date: December 27, 2017

 



EX-32.1 4 ex32_1apg.htm EXHIBIT 32.1 EXHIBIT 32.1

 

 

Exhibit 32.1


CERTIFICATION OF THE PRINCIPAL EXECUTIVE OFFICER

PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

(18 U.S.C. SECTION 1350)


Pursuant to 18 U.S.C. Section 1350, as created by Section 906 of the Sarbanes-Oxley Act of 2002, the undersigned Chief Executive Officer of Sharing Services, Inc. (the "Company") does hereby certify, to the best of such officer's knowledge, that:


1. The Quarterly Report on Form 10-Q of Sharing Services, Inc. fully complies with the requirements of Section 13(a) or Section 15(d), as applicable, 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 condition and results of operations of the Company for the period ended October 31, 2017.


Dated: December 27, 2017

 

/s/ Jordan Brock

Jordan Brock

President and Chief Executive Officer


The certifications set forth above are being furnished as an exhibit solely pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, and shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall they be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended.


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

 

 

 




EX-32.2 5 ex32_2apg.htm EXHIBIT 32.2 EXHIBIT 32.2

 

 

Exhibit 32.2


CERTIFICATION OF THE PRINCIPAL FINANCIAL OFFICER

PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

(18 U.S.C. SECTION 1350)


Pursuant to 18 U.S.C. Section 1350, as created by Section 906 of the Sarbanes-Oxley Act of 2002, the undersigned Chief Financial Officer of Sharing Services, Inc, (the "Company") does hereby certify, to the best of such officer's knowledge, that:


1. The Quarterly Report on Form 10-Q of Sharing Services, Inc. fully complies with the requirements of Section 13(a) or Section 15(d), as applicable, 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 condition and results of operations of the Company for the period ended October 31, 2017.


Dated: December 27, 2017

 

/s/ Frank A. Walters

Frank A. Walters

Chief Financial Officer

and Principal Accounting and Financial Officer



The certifications set forth above are being furnished as an exhibit solely pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, and shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall they be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended.


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

 

 

 

 

EX-101.INS 6 shrv-20171031.xml XBRL INSTANCE FILE 0001644488 2017-05-05 2017-10-31 0001644488 2017-10-31 0001644488 2017-04-30 0001644488 2017-12-21 0001644488 shrv:NotesPayable3Member 2017-05-18 0001644488 2017-05-21 0001644488 2017-05-23 0001644488 shrv:NotesPayable4Member 2017-06-20 0001644488 2017-04-19 0001644488 2017-05-01 2017-09-11 0001644488 shrv:NotesPayable3Member 2017-05-18 2017-05-19 0001644488 shrv:NotesPayable4Member 2017-06-20 2017-06-21 0001644488 2017-05-21 2017-05-22 0001644488 2017-05-04 0001644488 2017-08-01 2017-09-22 0001644488 2017-08-01 2017-10-31 iso4217:USD xbrli:shares iso4217:USD xbrli:shares xbrli:pure SHARING SERVICES, INC. 0001644488 10-Q 2017-10-31 false --04-30 No No Smaller Reporting Company Q2 2018 0.0001 54860000 Yes 432388 1577862 54860000 200000000 0.0001 0 500000000 0.0001 10000000 -3377383 -2736557 63000 38000 0.12 0.12 69483 -933 3062 3995 P5Y 54860000 0.39 0.39 P180D P180D 1630000 720000 0.25 .25 10000 10000 407500 203000 10000000 10000000 5628750 0.24 100000 100000000 83694540 10000000 10000000 10000000 2470000 0 0 800 69483 0 0 0 8875 78358 3062 2007188 2088608 46195 1128 23300 90509 75000 35000 16500 1362940 1656220 1656220 8369 1000 247 6486 3636668 -3377383 3377383 -157001 2088608 94770 66958 694207 405790 1308948 1042500 33672 24136 2131597 1539384 -2131597 -1539384 -123195 -96589 -1122591 -1100587 -1245786 -1197173 -.07 -.05 48324000 58212889 1308948 90509 -797972 -7750 40015 998 23300 57605 -15000 42605 147000 692001 -15000 849 824850 69483 75000 2000 147000 1907188 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>NOTE 1 &#8211; NATURE OF OPERATIONS AND BASIS OF PRESENTATION</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Sharing Services, Inc. (&#8220;Sharing Services&#8221;, &#8220;we&#8221;, &#8220;us&#8221;, or the &#8220;Company&#8221;) was incorporated on April 24, 2014 in the State of Nevada. The Company&#8217;s wholly owned subsidiary, Total Travel Media, Inc. (&#8220;Total Travel Media&#8221;, or &#8220;TTM&#8221;), was incorporated on May 5, 2017 in the State of Nevada. The Company&#8217;s wholly-owned subsidiary, Four Oceans Holdings, Inc. (&#8220;Four Oceans&#8221;), was incorporated on September 22, 2017 in the State of Nevada. The fiscal year end is April 30. The Company acquired Total Travel Media on May 23, 2017. While Total Travel Media is a wholly owned subsidiary of the Company, for financial accounting purposes the transaction has been treated as a reverse acquisition (reference is made to the paragraph below entitled &#8220;Recapitalization&#8221;). The Company acquired Four Oceans from related parties and was treated as an acquisition under common control.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company was originally formed to launch a taxi sharing website and application. Beginning on February 1, 2017 the Company changed its business model and is now a travel and technology management company. Sharing Services is a direct-selling model with a subscription-based vacation portal.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Share Exchange and Acquisition &#8211; Four Oceans Holdings, Inc.</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On September 29, 2017, Sharing Services, Inc., entered into a Share Exchange Agreement with Four Oceans Holdings, Inc., a Nevada corporation. Pursuant to the terms of the Agreement, the Company acquired all of the shares of capital stock of Four Oceans from the holders of such stock (the &#8220;Equity-Holders&#8221;), in exchange for the issuance of&#160;Seventy-five Million (75,000,000) newly-issued restricted shares of the Company&#8217;s Series A Preferred Stock, par value $0.0001 per share (the &#8220;<u>Series A Preferred Stock</u>&#8221;). Following the closing, Four Oceans operated as a wholly-owned subsidiary of the Company.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Four Oceans was controlled by Alchemist Holdings, LLC, a Company controlled by our Chairman, who received 50,000,000 Series A Preferred stock; Bear Bull Market Dividends, Inc., a Company that is a significant shareholder of Sharing Services, who received 20,000,000 Series A Preferred stock; and Research and Referral BZ received 5,000,000 shares. As a result of these share exchanges, Four Oceans became a 100% owned subsidiary of the Company. As these transactions are between entities under common control, the Company has reported the results of operations for the period in a manner similar to a pooling of interests and has consolidated financial results since the initial date in which the above companies were under common control. Assets and liabilities were combined on their carrying values and no recognition of goodwill was made. The Company has presented earnings per share based on the new parent company shares issued to the former shareholders of the Company.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Share Exchange and Reorganization &#8211; Total Travel Media, Inc.</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On May 23, 2017, Sharing Services, Inc., entered into a Share Exchange Agreement (the &#8220;Agreement&#8221;) with Total Travel Media, Inc. On May 23, 2017, there was a Closing of the transaction (the &#8220;Closing Date&#8221;). Pursuant to the terms of the Agreement, the Company acquired all of the shares of capital stock of TTM from the holders of such stock (the &#8220;Equity-Holders&#8221;), in exchange for the issuance of&#160;Ten Million (10,000,000) newly-issued shares of the Company&#8217;s Common Class B Stock, par value $0.0001 per share and (ii) Ten Million (10,000,000) newly-issued shares of the Company&#8217;s Series B Preferred Stock, par value $0.0001 per share. Following the Closing Date, TTM will operate as a wholly-owned subsidiary of the Company.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Recapitalization</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For financial accounting purposes, this transaction was treated as a reverse acquisition by Total Travel Media, and resulted in a recapitalization with Total Travel Media being the accounting acquirer and Sharing Services as the acquired company. The consummation of this reverse acquisition resulted in a change of control. Accordingly, the historical financial statements prior to the acquisition are those of the accounting acquirer, Total Travel Media, and have been prepared to give retroactive effect to the reverse acquisition completed on May 23, 2017, and represent the operations of Total Travel Media. The consolidated financial statements after the acquisition date, May 23, 2017, include the balance sheets of both companies at historical cost, the historical results of Total Travel Media and the results of the Company from the acquisition date. All share and per share information in the accompanying consolidated financial statements and footnotes has been retroactively restated to reflect the recapitalization.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Going concern</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">These financial statements have been prepared on a going concern basis, which assumes the Company will be able to realize its assets and discharge its liabilities in the normal course of business for the foreseeable future. To date the Company has generated no revenues from its business operations and has an accumulated deficit of $3,377,383. As of October 31, 2017, the Company had a working capital deficit of $1,577,862. The Company requires additional funding to meet its ongoing obligations and to fund anticipated operating losses. The ability of the Company to continue as a going concern is dependent on raising capital to fund its initial business plan and ultimately to attain profitable operations. Accordingly, these factors raise substantial doubt as to the Company&#8217;s ability to continue as a going concern. The Company has initiated extensive direct sales and social media marketing which it expects to drive significant sales volume of the Company&#8217;s products, and services over the next several months. The Company expects to become profitable and not need additional outside funding once working capital needs have been met. The acceptance of the Company&#8217;s marketing efforts are uncertain and therefore, the Company has plans to continue to fund its business by way of private placements, promissory notes, convertible promissory notes and advances from related parties as may be required.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">These financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>NOTE 2 &#8211; SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Basis of Presentation</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The preparation of financial statements in conformity with accounting principles generally accepted in the United States (&#8220;GAAP&#8221;) requires management to make estimates and assumptions that affect (i)&#160;the reported amounts of assets and liabilities, (ii)&#160;the disclosure of contingent assets and liabilities known to exist as of the date the financial statements are published, and (iii)&#160;the reported amount of net revenues and expenses recognized during the periods presented. Adjustments made with respect to the use of estimates often relate to improved information not previously available.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Uncertainties with respect to such estimates and assumptions are inherent in the preparation of financial statements; accordingly, actual results could differ from these estimates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In managements&#8217; opinion, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Use of Estimates and Assumptions</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The preparation of financial statements in accordance with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates include assumptions about the valuation and recognition of stock-based compensation expense, the valuation and recognition of derivative liability, valuation allowance for deferred tax assets and useful life of fixed assets.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Principles of Consolidation</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For October 31, 2017, the unaudited consolidated financial statements of the Company include the accounts of the Company and its wholly owned subsidiaries, Total Travel Media, Inc. and Four Oceans Holding, Inc. All significant intercompany balances and transactions have been eliminated in consolidation.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Cash and cash equivalents</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Cash and cash equivalents include cash on hand and on deposit at banking institutions as well as all highly liquid short-term investments with original maturities of 90 days or less. As of October 31, 2017, the Company had cash and cash equivalents of $69,483</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Fair value measurements</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Fair value is defined as the price that the Company would receive to sell an investment or pay to transfer a liability in a timely transaction with an independent counter-party in the principal market or in the absence of a principal market, the most advantageous market for the investment or liability. A three-tier hierarchy is established to distinguish between (1) inputs that reflect the assumptions market participants would use in pricing an asset or liability developed based on market data obtained from sources independent of the reporting entity (observable inputs) and (2) inputs that reflect the reporting entity&#8217;s own assumptions about the assumptions market participants would use in pricing an asset or liability developed based on the best information available in the circumstances (unobservable inputs); and establishes a classification of fair value measurements for disclosure purposes.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">The hierarchy is summarized in the three broad levels listed below:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <table cellspacing="0" cellpadding="0" align="center" style="width: 6.5in; font: 11pt Calibri, Helvetica, Sans-Serif"> <tr style="vertical-align: top; background-color: #CCFFCC"> <td style="width: 7%"><font style="font: 10pt Times New Roman, Times, Serif">Level 1</font></td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td style="width: 92%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">quoted prices in active markets for identical assets and liabilities</font></td></tr> <tr style="vertical-align: top"> <td><font style="font: 10pt Times New Roman, Times, Serif">Level 2</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">other significant observable inputs (including quoted prices for similar assets and liabilities, interest rates, credit risk, etc.)</font></td></tr> <tr style="vertical-align: top; background-color: #CCFFCC"> <td><font style="font: 10pt Times New Roman, Times, Serif">Level 3</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">significant unobservable inputs (including the Company&#8217;s own assumptions in determining the fair value of assets and liabilities).</font></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In accordance with Accounting Standards Codification (&#8220;ASC&#8221;) 815, the Company&#8217;s debt derivative liabilities are measured at fair value on a recurring basis, and are level 3 measurements in the three-tier fair value hierarchy.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">There were no transfers between the levels of the fair value hierarchy during the period of inception (May 5, 2017) to October 31, 2017.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Fair value of financial instruments</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">The Company&#8217;s financial instruments consist primarily of cash, accounts payable and accrued expenses, and debt. The carrying amounts of such financial instruments approximate their respective estimated fair value due to the short-term maturities and approximate market interest rates of these instruments.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">The following table summarizes fair value measurements by level at October 31, 2017 measured at fair value on a recurring basis:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <table cellspacing="0" cellpadding="0" align="center" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 6.5in; border-collapse: collapse"> <tr> <td style="vertical-align: top; width: 27%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="vertical-align: top; width: 3%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td> <td style="vertical-align: top; width: 3%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td> <td style="vertical-align: bottom; width: 15%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Level 1</font></td> <td style="vertical-align: bottom; width: 2%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="vertical-align: bottom; width: 14%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Level 2</font></td> <td style="vertical-align: bottom; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="vertical-align: bottom; width: 14%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Level 3</font></td> <td style="vertical-align: bottom; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="vertical-align: bottom; width: 14%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Total</font></td></tr> <tr style="background-color: #CCFFCC"> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Liabilities</font></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td nowrap="nowrap" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td> <td nowrap="nowrap" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td> <td nowrap="nowrap" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td> <td nowrap="nowrap" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td> <td nowrap="nowrap" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td> <td nowrap="nowrap" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td> <td nowrap="nowrap" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Derivative liabilities</font></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td nowrap="nowrap" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</font></td> <td nowrap="nowrap" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;$ </font></td> <td nowrap="nowrap" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</font></td> <td nowrap="nowrap" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;$ </font></td> <td nowrap="nowrap" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;1,362,940 </font></td> <td nowrap="nowrap" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;$ </font></td> <td nowrap="nowrap" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;1,362,940 </font></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><font style="background-color: white"><b>Related Parties</b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><font style="background-color: white">The Company follows ASC 850,<i>&#160;&#8220;Related Party Disclosures,&#8221;&#160;</i>for the identification of related parties and disclosure of related party transactions (see Note 8).</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Long-Lived Assets</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Long-lived assets are evaluated for impairment whenever events or changes in business circumstances indicate that the carrying amount of the assets may not be fully recoverable or that the useful lives of these assets are no longer appropriate. Each impairment test is based on a comparison of the undiscounted future cash flows to the recorded value of the asset. If impairment is indicated, the asset is written down to its estimated fair value.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Property and Equipment</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Property, plant and equipment is recorded at cost reduced by accumulated depreciation. Depreciation expense is recognized over the assets&#8217; estimated useful lives using the straight-line method. Estimated useful lives of the equipment are as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Office equipment - 5 years</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Estimated useful lives are periodically reviewed and, when appropriate, changes are made prospectively. When certain events or changes in operating conditions occur, asset lives may be adjusted and an impairment assessment may be performed on the recoverability of the carrying amounts.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Share-Based Expense</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">ASC 718,<i>&#160;&#8220;Compensation - Stock Compensation,&#8221;&#160;</i>prescribes accounting and reporting standards for all share-based payment transactions in which employee services are acquired. Transactions include incurring liabilities, or issuing or offering to issue shares, options, and other equity instruments such as employee stock ownership plans and stock appreciation rights. Share-based payments to employees, including grants of employee stock options, are recognized as compensation expense in the financial statements based on their fair values. That expense is recognized over the period during which an employee is required to provide services in exchange for the award, known as the requisite service period (usually the vesting period).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company accounts for stock-based compensation issued to non-employees and consultants in accordance with the provisions of ASC 505-50,&#160;<i>&#8220;Equity - Based Payments to Non-Employees.&#8221;</i>&#160;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.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Share-based expense totaled $1,308,948 for the period from inception (May 5, 2017) to October 31, 2017.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><font style="background-color: white"><b>Advertising Costs</b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="background-color: white">The Company follows ASC 720, &#8220;<i>Advertising Costs,&#8221;</i>&#160;and expenses costs as incurred. Advertising and marketing expense totaled $694,207 for the period from inception (May 5, 2017) to October 31, 2017.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Income Taxes</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company utilizes the asset and liability method in accounting for income taxes. Under this method, deferred tax assets and liabilities are recognized for operating loss and tax credit carry-forwards and for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the year 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 the results of operations in the period that includes the enactment date. A valuation allowance is recorded to reduce the carrying amounts of deferred tax assets unless it is more likely than not that the value of such assets will be realized.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company uses the two-step approach to recognizing and measuring uncertain tax positions. The first step is to evaluate the tax position for recognition by determining if the weight of available evidence indicates it is more likely than not, that the position will be sustained on audit, including resolution of related appeals or litigation processes, if any. The second step is to measure the tax benefit as the largest amount, which is more than 50% likely of being realized upon ultimate settlement. The Company considers many factors when evaluating and estimating the Company's tax positions and tax benefits, which may require periodic adjustments. At October 31, 2017, the Company did not record any liabilities for uncertain tax positions.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;<b>&#160;</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Basic and Diluted Net Loss per Common Share</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Basic income (loss) per share is computed by dividing net income (loss) available to common shareholders by the weighted average number of common shares outstanding during the reporting period. The weighted average number of shares is calculated by taking the number of shares outstanding and weighting them by the amount of time that they were outstanding. Diluted earnings per share reflects the potential dilution that could occur if stock options, warrants, and other commitments to issue common stock were exercised or equity awards vest resulting in the issuance of common stock that could share in the earnings of the Company. There were convertible notes and accrued interest for approximately $245,630 and 96,164,540 </font><font style="font-size: 8pt">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif">convertible preferred shares issued by the Company during the period ended October 31, 2017. Potential dilutive instruments as at October 31, 2017, consisted of the following common share equivalents:</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <table cellspacing="0" cellpadding="0" align="center" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 6.5in; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td colspan="2" style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">October 31, 2017</font></td></tr> <tr style="background-color: #CCFFCC"> <td style="width: 69%; padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Convertible notes</font></td> <td style="vertical-align: bottom; width: 3%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td nowrap="nowrap" style="vertical-align: bottom; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td> <td nowrap="nowrap" style="vertical-align: bottom; width: 24%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;3,891,119</font></td></tr> <tr> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Convertible preferred shares</font></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td nowrap="nowrap" style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td> <td nowrap="nowrap" style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;96,164,540</font><font style="font-size: 8pt">&#160;</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCFFCC"> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td nowrap="nowrap" style="border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td> <td nowrap="nowrap" style="border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;100,055,659</font><font style="font-size: 8pt">&#160;</font></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Diluted loss per share is the same as basic loss per share during periods where net losses are incurred since the inclusion of the potential common stock equivalents would be anti-dilutive as a result of the net loss.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Convertible notes</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Convertible notes are regarded as compound instruments, consisting of a liability component and an equity component. The component parts of compound instruments are classified separately as financial liabilities and equity in accordance with the substance of the contractual arrangement. At the date of issue, the fair value of the liability component is estimated using the prevailing market interest rate for a similar non-convertible instrument. This amount is recorded as a liability on an amortized cost basis until extinguished upon conversion or at the instrument&#8217;s maturity date. The equity component is determined by deducting the amount of the liability component from the fair value of the compound instrument as a whole. This is recognized as additional paid-in capital and included in equity, net of income tax effects, and is not subsequently remeasured. After initial measurement, they are carried at amortized cost using the effective interest method.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Recently Issued Accounting Standards</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In September 2017, the FASB has issued Accounting Standards Update (ASU) No. 2017-13<i>, &#8220;Revenue Recognition (Topic 605), Revenue from Contracts with Customers (Topic 606), Leases (Topic 840), and Leases (Topic 842): Amendments to SEC Paragraphs Pursuant to the Staff Announcement at the July 20, 2017 EITF Meeting and Rescission of Prior SEC Staff Announcements and Observer Comments.&#8221;</i> The amendments in ASU No. 2017-13 amends the early adoption date option for certain companies related to the adoption of ASU No. 2014-09 and ASU No. 2016-02. Both of the below entities may still adopt using the public company adoption guidance in the related ASUs, as amended. The effective date is the same as the effective date and transition requirements for the amendments for ASU 2014-09 and ASU 2016-02.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In February 2017, the FASB has issued Accounting Standards Update (ASU) No. 2017-05,&#160;<i>&#8220;Other Income - Gains and Losses from the Derecognition of Nonfinancial Assets (Subtopic 610-20): Clarifying the Scope of Asset Derecognition Guidance and Accounting for Partial Sales of Nonfinancial Assets.&#8221;</i>&#160;The amendments clarify that a financial asset is within the scope of Subtopic 610-20 if it meets the definition of an in substance nonfinancial asset. The amendments also define the term in substance nonfinancial asset. The amendments clarify that nonfinancial assets within the scope of Subtopic 610-20 may include nonfinancial assets transferred within a legal entity to a counterparty. For example, a parent may transfer control of nonfinancial assets by transferring ownership interests in a consolidated subsidiary. A contract that includes the transfer of ownership interests in one or more consolidated subsidiaries is within the scope of Subtopic 610-20 if substantially all of the fair value of the assets that are promised to the counterparty in a contract is concentrated in nonfinancial assets. The amendments clarify that an entity should identify each distinct nonfinancial asset or in substance nonfinancial asset promised to a counterparty and derecognize each asset when a counterparty obtains control of it. Effective at the same time as the amendments in Update 2014-09, Revenue from Contracts with Customers (Topic 606). Therefore, public business entities, certain not-for-profit entities, and certain employee benefit plans should apply the amendments in this Update to annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Earlier application is permitted only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. All other entities should apply the amendments in this Update to annual reporting periods beginning after December 15, 2018, and interim periods within annual periods beginning after December 15, 2019. All other entities may apply the guidance earlier as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. All other entities also may apply the guidance earlier as of annual reporting periods beginning after December 15, 2016, and interim reporting periods within annual reporting periods beginning one year after the annual reporting period in which the entity first applies the guidance. An entity is required to apply the amendments in this Update at the same time that it applies the amendments in Update 2014-09. The Company is currently evaluating the potential impact this standard may have on its financial position and results of operations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In January 2017, the FASB has issued Accounting Standards Update (ASU) No. 2017-04,&#160;<i>&#8220;Intangibles - Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment.&#8221;&#160;</i>These amendments eliminate Step 2 from the goodwill impairment test. The annual, or interim, goodwill impairment test is performed by comparing the fair value of a reporting unit with its carrying amount. An impairment charge should be recognized for the amount by which the carrying amount exceeds the reporting unit&#8217;s fair value; however, the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. In addition, income tax effects from any tax deductible goodwill on the carrying amount of the reporting unit should be considered when measuring the goodwill impairment loss, if applicable. The amendments also eliminate the requirements for any reporting unit with a zero or negative carrying amount to perform a qualitative assessment and, if it fails that qualitative test, to perform Step 2 of the goodwill impairment test. An entity still has the option to perform the qualitative assessment for a reporting unit to determine if the quantitative impairment test is necessary. Effective for public business entities that are a SEC filers for annual or any interim goodwill impairment tests in fiscal years beginning after December 15, 2019. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. ASU 2017-04 should be adopted on a prospective basis. The Company does not anticipate the adoption of ASU 2017-04 will have a material impact on its consolidated financial statements.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In January 2017, the FASB issued ASU No. 2017-01,&#160;<i>&#8220;Business Combinations (Topic 805): Clarifying the Definition of a Business.&#8221;</i>&#160;This new standard clarifies the definition of a business and provides a screen to determine when an integrated set of assets and activities is not a business. The screen requires that when substantially all of the fair value of the gross assets acquired (or disposed of) is concentrated in a single identifiable asset or a group of similar identifiable assets, the set is not a business. This new standard will be effective for the Company on January 1, 2018, however, early adoption is permitted with prospective application to any business development transaction.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Management has considered all recent accounting pronouncements issued. The Company&#8217;s management believes that these recent pronouncements will not have a material effect on the Company&#8217;s financial statements.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <table cellspacing="0" cellpadding="0" align="center" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 6.5in; border-collapse: collapse"> <tr> <td style="vertical-align: top; width: 27%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="vertical-align: top; width: 3%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td> <td style="vertical-align: top; width: 3%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td> <td style="vertical-align: bottom; width: 15%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Level 1</font></td> <td style="vertical-align: bottom; width: 2%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="vertical-align: bottom; width: 14%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Level 2</font></td> <td style="vertical-align: bottom; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="vertical-align: bottom; width: 14%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Level 3</font></td> <td style="vertical-align: bottom; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="vertical-align: bottom; width: 14%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Total</font></td></tr> <tr style="background-color: #CCFFCC"> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Liabilities</font></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td nowrap="nowrap" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td> <td nowrap="nowrap" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td> <td nowrap="nowrap" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td> <td nowrap="nowrap" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td> <td nowrap="nowrap" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td> <td nowrap="nowrap" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td> <td nowrap="nowrap" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Derivative liabilities</font></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td nowrap="nowrap" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</font></td> <td nowrap="nowrap" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;$ </font></td> <td nowrap="nowrap" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</font></td> <td nowrap="nowrap" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;$ </font></td> <td nowrap="nowrap" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;1,362,940 </font></td> <td nowrap="nowrap" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;$ </font></td> <td nowrap="nowrap" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;1,362,940 </font></td></tr> </table> <table cellspacing="0" cellpadding="0" align="center" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 6.5in; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td colspan="2" style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">October 31, 2017</font></td></tr> <tr style="background-color: #CCFFCC"> <td style="width: 69%; padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Convertible notes</font></td> <td style="vertical-align: bottom; width: 3%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td nowrap="nowrap" style="vertical-align: bottom; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td> <td nowrap="nowrap" style="vertical-align: bottom; width: 24%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;3,891,119</font></td></tr> <tr> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Convertible preferred shares</font></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td nowrap="nowrap" style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td> <td nowrap="nowrap" style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;96,164,540</font><font style="font-size: 8pt">&#160;</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCFFCC"> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td nowrap="nowrap" style="border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td> <td nowrap="nowrap" style="border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;100,055,659</font><font style="font-size: 8pt">&#160;</font></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Basis of Presentation</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The preparation of financial statements in conformity with accounting principles generally accepted in the United States (&#8220;GAAP&#8221;) requires management to make estimates and assumptions that affect (i)&#160;the reported amounts of assets and liabilities, (ii)&#160;the disclosure of contingent assets and liabilities known to exist as of the date the financial statements are published, and (iii)&#160;the reported amount of net revenues and expenses recognized during the periods presented. Adjustments made with respect to the use of estimates often relate to improved information not previously available.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Uncertainties with respect to such estimates and assumptions are inherent in the preparation of financial statements; accordingly, actual results could differ from these estimates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In managements&#8217; opinion, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Use of Estimates and Assumptions</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The preparation of financial statements in accordance with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates include assumptions about the valuation and recognition of stock-based compensation expense, the valuation and recognition of derivative liability, valuation allowance for deferred tax assets and useful life of fixed assets.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Principles of Consolidation</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For October 31, 2017, the unaudited consolidated financial statements of the Company include the accounts of the Company and its wholly owned subsidiaries, Total Travel Media, Inc. and Four Oceans Holding, Inc. All significant intercompany balances and transactions have been eliminated in consolidation.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Cash and cash equivalents</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Cash and cash equivalents include cash on hand and on deposit at banking institutions as well as all highly liquid short-term investments with original maturities of 90 days or less. As of October 31, 2017, the Company had cash and cash equivalents of $69,483</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Fair value measurements</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Fair value is defined as the price that the Company would receive to sell an investment or pay to transfer a liability in a timely transaction with an independent counter-party in the principal market or in the absence of a principal market, the most advantageous market for the investment or liability. A three-tier hierarchy is established to distinguish between (1) inputs that reflect the assumptions market participants would use in pricing an asset or liability developed based on market data obtained from sources independent of the reporting entity (observable inputs) and (2) inputs that reflect the reporting entity&#8217;s own assumptions about the assumptions market participants would use in pricing an asset or liability developed based on the best information available in the circumstances (unobservable inputs); and establishes a classification of fair value measurements for disclosure purposes.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">The hierarchy is summarized in the three broad levels listed below:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <table cellspacing="0" cellpadding="0" style="width: 100%; font: 11pt Calibri, Helvetica, Sans-Serif"> <tr style="vertical-align: top; background-color: #CCFFCC"> <td style="width: 7%"><font style="font: 10pt Times New Roman, Times, Serif">Level 1</font></td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td style="width: 92%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">quoted prices in active markets for identical assets and liabilities</font></td></tr> <tr style="vertical-align: top"> <td><font style="font: 10pt Times New Roman, Times, Serif">Level 2</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">other significant observable inputs (including quoted prices for similar assets and liabilities, interest rates, credit risk, etc.)</font></td></tr> <tr style="vertical-align: top; background-color: #CCFFCC"> <td><font style="font: 10pt Times New Roman, Times, Serif">Level 3</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">significant unobservable inputs (including the Company&#8217;s own assumptions in determining the fair value of assets and liabilities).</font></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In accordance with Accounting Standards Codification (&#8220;ASC&#8221;) 815, the Company&#8217;s debt derivative liabilities are measured at fair value on a recurring basis, and are level 3 measurements in the three-tier fair value hierarchy.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">There were no transfers between the levels of the fair value hierarchy during the period of inception (May 5, 2017) to October 31, 2017.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Fair value of financial instruments</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">The Company&#8217;s financial instruments consist primarily of cash, accounts payable and accrued expenses, and debt. The carrying amounts of such financial instruments approximate their respective estimated fair value due to the short-term maturities and approximate market interest rates of these instruments.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">The following table summarizes fair value measurements by level at October 31, 2017 measured at fair value on a recurring basis:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <table cellspacing="0" cellpadding="0" align="center" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 6.5in; border-collapse: collapse"> <tr> <td style="vertical-align: top; width: 27%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="vertical-align: top; width: 3%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td> <td style="vertical-align: top; width: 3%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td> <td style="vertical-align: bottom; width: 15%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Level 1</font></td> <td style="vertical-align: bottom; width: 2%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="vertical-align: bottom; width: 14%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Level 2</font></td> <td style="vertical-align: bottom; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="vertical-align: bottom; width: 14%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Level 3</font></td> <td style="vertical-align: bottom; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="vertical-align: bottom; width: 14%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Total</font></td></tr> <tr style="background-color: #CCFFCC"> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Liabilities</font></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td nowrap="nowrap" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td> <td nowrap="nowrap" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td> <td nowrap="nowrap" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td> <td nowrap="nowrap" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td> <td nowrap="nowrap" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td> <td nowrap="nowrap" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td> <td nowrap="nowrap" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Derivative liabilities</font></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td nowrap="nowrap" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</font></td> <td nowrap="nowrap" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;$ </font></td> <td nowrap="nowrap" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</font></td> <td nowrap="nowrap" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;$ </font></td> <td nowrap="nowrap" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;1,362,940 </font></td> <td nowrap="nowrap" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;$ </font></td> <td nowrap="nowrap" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;1,362,940 </font></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><font style="background-color: white"><b>Related Parties</b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><font style="background-color: white">The Company follows ASC 850,<i>&#160;&#8220;Related Party Disclosures,&#8221;&#160;</i>for the identification of related parties and disclosure of related party transactions (see Note 8).</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Long-Lived Assets</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Long-lived assets are evaluated for impairment whenever events or changes in business circumstances indicate that the carrying amount of the assets may not be fully recoverable or that the useful lives of these assets are no longer appropriate. Each impairment test is based on a comparison of the undiscounted future cash flows to the recorded value of the asset. If impairment is indicated, the asset is written down to its estimated fair value.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Property and Equipment</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Property, plant and equipment is recorded at cost reduced by accumulated depreciation. Depreciation expense is recognized over the assets&#8217; estimated useful lives using the straight-line method. Estimated useful lives of the equipment are as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Office equipment - 5 years</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Estimated useful lives are periodically reviewed and, when appropriate, changes are made prospectively. When certain events or changes in operating conditions occur, asset lives may be adjusted and an impairment assessment may be performed on the recoverability of the carrying amounts.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Share-Based Expense</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">ASC 718,<i>&#160;&#8220;Compensation - Stock Compensation,&#8221;&#160;</i>prescribes accounting and reporting standards for all share-based payment transactions in which employee services are acquired. Transactions include incurring liabilities, or issuing or offering to issue shares, options, and other equity instruments such as employee stock ownership plans and stock appreciation rights. Share-based payments to employees, including grants of employee stock options, are recognized as compensation expense in the financial statements based on their fair values. That expense is recognized over the period during which an employee is required to provide services in exchange for the award, known as the requisite service period (usually the vesting period).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company accounts for stock-based compensation issued to non-employees and consultants in accordance with the provisions of ASC 505-50,&#160;<i>&#8220;Equity - Based Payments to Non-Employees.&#8221;</i>&#160;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.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Share-based expense totaled $1,308,948 for the period from inception (May 5, 2017) to October 31, 2017.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><font style="background-color: white"><b>Advertising Costs</b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="background-color: white">The Company follows ASC 720, &#8220;<i>Advertising Costs,&#8221;</i>&#160;and expenses costs as incurred. Advertising and marketing expense totaled $694,207 for the period from inception (May 5, 2017) to October 31, 2017.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Income Taxes</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company utilizes the asset and liability method in accounting for income taxes. Under this method, deferred tax assets and liabilities are recognized for operating loss and tax credit carry-forwards and for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the year 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 the results of operations in the period that includes the enactment date. A valuation allowance is recorded to reduce the carrying amounts of deferred tax assets unless it is more likely than not that the value of such assets will be realized.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company uses the two-step approach to recognizing and measuring uncertain tax positions. The first step is to evaluate the tax position for recognition by determining if the weight of available evidence indicates it is more likely than not, that the position will be sustained on audit, including resolution of related appeals or litigation processes, if any. The second step is to measure the tax benefit as the largest amount, which is more than 50% likely of being realized upon ultimate settlement. The Company considers many factors when evaluating and estimating the Company's tax positions and tax benefits, which may require periodic adjustments. At October 31, 2017, the Company did not record any liabilities for uncertain tax positions.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Basic and Diluted Net Loss per Common Share</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Basic income (loss) per share is computed by dividing net income (loss) available to common shareholders by the weighted average number of common shares outstanding during the reporting period. The weighted average number of shares is calculated by taking the number of shares outstanding and weighting them by the amount of time that they were outstanding. Diluted earnings per share reflects the potential dilution that could occur if stock options, warrants, and other commitments to issue common stock were exercised or equity awards vest resulting in the issuance of common stock that could share in the earnings of the Company. There were convertible notes and accrued interest for approximately $245,630 and 95,664,540 convertible preferred shares issued by the Company during the period ended October 31, 2017. Potential dilutive instruments as at October 31, 2017, consisted of the following common share equivalents:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <table cellspacing="0" cellpadding="0" align="center" style="width: 6.5in; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td colspan="2" style="border-bottom: Black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">October 31, 2017</font></td></tr> <tr style="background-color: #CCFFCC"> <td style="width: 69%; padding-right: 5.4pt; padding-left: 5.4pt; font: 11pt Calibri, Helvetica, Sans-Serif"><font style="font: 10pt Times New Roman, Times, Serif">Convertible notes</font></td> <td style="vertical-align: bottom; width: 3%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td nowrap="nowrap" style="vertical-align: bottom; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td> <td nowrap="nowrap" style="vertical-align: bottom; width: 24%; padding-right: 5.4pt; padding-left: 5.4pt; font: 11pt Calibri, Helvetica, Sans-Serif; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;3,891,119</font></td></tr> <tr> <td nowrap="nowrap" style="font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Convertible preferred shares</font></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td nowrap="nowrap" style="vertical-align: bottom; border-bottom: Black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td> <td nowrap="nowrap" style="vertical-align: bottom; border-bottom: Black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;95,664,540</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCFFCC"> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td nowrap="nowrap" style="border-bottom: black 2.25pt double; font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td> <td nowrap="nowrap" style="border-bottom: black 2.25pt double; font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;99,555,659</font></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Diluted loss per share is the same as basic loss per share during periods where net losses are incurred since the inclusion of the potential common stock equivalents would be anti-dilutive as a result of the net loss.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Convertible notes</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Convertible notes are regarded as compound instruments, consisting of a liability component and an equity component. The component parts of compound instruments are classified separately as financial liabilities and equity in accordance with the substance of the contractual arrangement. At the date of issue, the fair value of the liability component is estimated using the prevailing market interest rate for a similar non-convertible instrument. This amount is recorded as a liability on an amortized cost basis until extinguished upon conversion or at the instrument&#8217;s maturity date. The equity component is determined by deducting the amount of the liability component from the fair value of the compound instrument as a whole. This is recognized as additional paid-in capital and included in equity, net of income tax effects, and is not subsequently remeasured. After initial measurement, they are carried at amortized cost using the effective interest method.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Recently Issued Accounting Standards</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In September 2017, the FASB has issued Accounting Standards Update (ASU) No. 2017-13<i>, &#8220;Revenue Recognition (Topic 605), Revenue from Contracts with Customers (Topic 606), Leases (Topic 840), and Leases (Topic 842): Amendments to SEC Paragraphs Pursuant to the Staff Announcement at the July 20, 2017 EITF Meeting and Rescission of Prior SEC Staff Announcements and Observer Comments.&#8221;</i> The amendments in ASU No. 2017-13 amends the early adoption date option for certain companies related to the adoption of ASU No. 2014-09 and ASU No. 2016-02. Both of the below entities may still adopt using the public company adoption guidance in the related ASUs, as amended. The effective date is the same as the effective date and transition requirements for the amendments for ASU 2014-09 and ASU 2016-02.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In February 2017, the FASB has issued Accounting Standards Update (ASU) No. 2017-05,&#160;<i>&#8220;Other Income - Gains and Losses from the Derecognition of Nonfinancial Assets (Subtopic 610-20): Clarifying the Scope of Asset Derecognition Guidance and Accounting for Partial Sales of Nonfinancial Assets.&#8221;</i>&#160;The amendments clarify that a financial asset is within the scope of Subtopic 610-20 if it meets the definition of an in substance nonfinancial asset. The amendments also define the term in substance nonfinancial asset. The amendments clarify that nonfinancial assets within the scope of Subtopic 610-20 may include nonfinancial assets transferred within a legal entity to a counterparty. For example, a parent may transfer control of nonfinancial assets by transferring ownership interests in a consolidated subsidiary. A contract that includes the transfer of ownership interests in one or more consolidated subsidiaries is within the scope of Subtopic 610-20 if substantially all of the fair value of the assets that are promised to the counterparty in a contract is concentrated in nonfinancial assets. The amendments clarify that an entity should identify each distinct nonfinancial asset or in substance nonfinancial asset promised to a counterparty and derecognize each asset when a counterparty obtains control of it. Effective at the same time as the amendments in Update 2014-09, Revenue from Contracts with Customers (Topic 606). Therefore, public business entities, certain not-for-profit entities, and certain employee benefit plans should apply the amendments in this Update to annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Earlier application is permitted only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. All other entities should apply the amendments in this Update to annual reporting periods beginning after December 15, 2018, and interim periods within annual periods beginning after December 15, 2019. All other entities may apply the guidance earlier as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. All other entities also may apply the guidance earlier as of annual reporting periods beginning after December 15, 2016, and interim reporting periods within annual reporting periods beginning one year after the annual reporting period in which the entity first applies the guidance. An entity is required to apply the amendments in this Update at the same time that it applies the amendments in Update 2014-09. The Company is currently evaluating the potential impact this standard may have on its financial position and results of operations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In January 2017, the FASB has issued Accounting Standards Update (ASU) No. 2017-04,&#160;<i>&#8220;Intangibles - Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment.&#8221;&#160;</i>These amendments eliminate Step 2 from the goodwill impairment test. The annual, or interim, goodwill impairment test is performed by comparing the fair value of a reporting unit with its carrying amount. An impairment charge should be recognized for the amount by which the carrying amount exceeds the reporting unit&#8217;s fair value; however, the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. In addition, income tax effects from any tax deductible goodwill on the carrying amount of the reporting unit should be considered when measuring the goodwill impairment loss, if applicable. The amendments also eliminate the requirements for any reporting unit with a zero or negative carrying amount to perform a qualitative assessment and, if it fails that qualitative test, to perform Step 2 of the goodwill impairment test. An entity still has the option to perform the qualitative assessment for a reporting unit to determine if the quantitative impairment test is necessary. Effective for public business entities that are a SEC filers for annual or any interim goodwill impairment tests in fiscal years beginning after December 15, 2019. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. ASU 2017-04 should be adopted on a prospective basis. The Company does not anticipate the adoption of ASU 2017-04 will have a material impact on its consolidated financial statements.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In January 2017, the FASB issued ASU No. 2017-01,&#160;<i>&#8220;Business Combinations (Topic 805): Clarifying the Definition of a Business.&#8221;</i>&#160;This new standard clarifies the definition of a business and provides a screen to determine when an integrated set of assets and activities is not a business. The screen requires that when substantially all of the fair value of the gross assets acquired (or disposed of) is concentrated in a single identifiable asset or a group of similar identifiable assets, the set is not a business. This new standard will be effective for the Company on January 1, 2018, however, early adoption is permitted with prospective application to any business development transaction.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Management has considered all recent accounting pronouncements issued. The Company&#8217;s management believes that these recent pronouncements will not have a material effect on the Company&#8217;s financial statements.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>NOTE 3 - PROPERTY AND EQUIPMENT</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">Property and equipment consisted of the following at October 31, 2017:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <table cellspacing="0" cellpadding="0" align="center" style="width: 6.5in; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td nowrap="nowrap" colspan="2" style="font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">October 31,</font></td></tr> <tr style="vertical-align: bottom"> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td> <td nowrap="nowrap" colspan="2" style="border-bottom: Black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">2017</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCFFCC"> <td nowrap="nowrap" style="width: 62%; padding-right: 5.4pt; padding-left: 5.4pt; font: 11pt Calibri, Helvetica, Sans-Serif"><font style="font: 10pt Times New Roman, Times, Serif">Office equipment</font></td> <td nowrap="nowrap" style="width: 7%; padding-right: 5.4pt; padding-left: 5.4pt; font: 11pt Calibri, Helvetica, Sans-Serif; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td nowrap="nowrap" style="width: 31%; padding-right: 5.4pt; padding-left: 5.4pt; font: 11pt Calibri, Helvetica, Sans-Serif; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;3,995&#160;</font></td></tr> <tr style="vertical-align: bottom"> <td nowrap="nowrap" style="font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Accumulated depreciation</font></td> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td> <td nowrap="nowrap" style="font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;(933)</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCFFCC"> <td nowrap="nowrap" style="font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Property and equipment, net</font></td> <td nowrap="nowrap" style="border-top: Black 1pt solid; border-bottom: Black 2.25pt double; font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td nowrap="nowrap" style="border-top: Black 1pt solid; border-bottom: Black 2.25pt double; font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;3,062&#160;</font></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <table cellspacing="0" cellpadding="0" align="center" style="width: 6.5in; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td nowrap="nowrap" colspan="2" style="font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">October 31,</font></td></tr> <tr style="vertical-align: bottom"> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td> <td nowrap="nowrap" colspan="2" style="border-bottom: Black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">2017</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCFFCC"> <td nowrap="nowrap" style="width: 62%; padding-right: 5.4pt; padding-left: 5.4pt; font: 11pt Calibri, Helvetica, Sans-Serif"><font style="font: 10pt Times New Roman, Times, Serif">Office equipment</font></td> <td nowrap="nowrap" style="width: 7%; padding-right: 5.4pt; padding-left: 5.4pt; font: 11pt Calibri, Helvetica, Sans-Serif; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td nowrap="nowrap" style="width: 31%; padding-right: 5.4pt; padding-left: 5.4pt; font: 11pt Calibri, Helvetica, Sans-Serif; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;3,995&#160;</font></td></tr> <tr style="vertical-align: bottom"> <td nowrap="nowrap" style="font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Accumulated depreciation</font></td> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td> <td nowrap="nowrap" style="font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;(933)</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCFFCC"> <td nowrap="nowrap" style="font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Property and equipment, net</font></td> <td nowrap="nowrap" style="border-top: Black 1pt solid; border-bottom: Black 2.25pt double; font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td nowrap="nowrap" style="border-top: Black 1pt solid; border-bottom: Black 2.25pt double; font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;3,062&#160;</font></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>NOTE 4 &#8211; EQUITY INVESTMENTS</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b><i>212 Technologies, LLC</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="background-color: white">On May 21, 2017, the Company entered into a transaction whereby the Company will acquire&#160;a Forty-eight percent (48%) interest in 212 Technologies, LLC, a Montana limited liability company (&#8220;212 Tech&#8221;), in exchange for 15,628,750 shares of the Company&#8217;s Series A Convertible Preferred Stock and cash in the amount of $100,000. 212 Technologies, LLC is a developer of end-to-end online marketing and direct sales software systems. Initially, the Company will acquire a Twenty-four percent (24%) interest in exchange for 5,628,750 shares of the Company&#8217;s Series A Convertible Preferred Stock and cash. The Stakeholder and Investment Agreement dated May 21, 2017 also provides for the acquisition by the Company of the remaining twenty-four percent (24%) interest in 212 Tech at a future date in exchange for an additional 10,000,000 shares of the Company&#8217;s Series A Preferred Stock, when the following milestones have been reached: (i) One year has passed from the original MOU; and (ii) the price per share of the Company&#8217;s common stock is quoted at $10.00 or more. The Company, in exchange, received a non-exclusive, non-royalty bearing, perpetual, worldwide license of all of the Intellectual Property Rights developed and held by 212 Tech.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="background-color: white">The Company acquired a 24% interest in 212 Tech by paying $25,000 in cash, leaving a payable of $75,000, and issuing 5,628,750 shares of Series A Convertible Preferred Stock, with a deemed value of $0.25 per share or $1,407,188. As of October 31, 2017, we recorded $1,507,188 as an investment at cost.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b><i>561 LLC</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif; background-color: white">The Company acquired a 25% interest in 561 LLC by issuing 2,500,000 shares of Series A Convertible Preferred Stock, with a deemed value of $0.25 per share or $625,000. The shares are to be issued to the 561 Equity-holders as follows: 625,000 shares issued within 5 days of the of the closing date. These shares are issued and outstanding at October 31, 2017. 625,000 Shares are to be issued on or before December 31, 2017; 625,000 Shares are to be issued on or before April 30, 2018; and 625,000 Shares are to be issued on or before August 31, 2018. As of October 31, 2017, we recorded $156,250 as an investment at cost</font><font style="font-size: 8pt">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; background-color: white">.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 5.85pt 0 0; text-align: justify">The 561 Equity-Holders shall be entitled to an additional <font style="letter-spacing: -0.3pt">Two </font>Million Five Hundred Thousand (2,500,000) of shares of the Company&#8217;s restricted Series A Preferred Stock, $0.0001 par value per share, when both of the following conditions have been met: (a) Following the first year&#8217;s anniversary of the Closing Date and (b) the closing bid price of the Company&#8217;s common stock equals or exceeds $5.00 per share, as reported by OTC Markets, Inc. If these conditions are met, the Company shall cause the issuance of such shares within ten (10) calendar days of the satisfaction of such conditions.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 5.85pt 0 5pt; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 5.7pt 0 0; text-align: justify">The 561 Equity-Holders shall be entitled to an additional Two Million Five Hundred Thousand (2,500,000) of shares of the Company&#8217;s restricted Series A Preferred Stock, $0.0001 par value per share, when the following conditions have been met: The Company shall be the owner of record of no less than Forty percent (40%) of the member interests in each of (i) 561 and (ii) its affiliated company, America Approved Commercial, LLC. If these conditions are met, the Company shall cause the issuance of such shares within ten (10) calendar days of the satisfaction of such conditions.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b><i>America Approved Commercial LLC</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif; background-color: white">The Company acquired a 25% interest in America Approved Commercial LLC by issuing 2,500,000 shares of Series A Convertible Preferred Stock, with a deemed value of $0.25 pure share or $625,000. The Company issued 625,000 shares during the period ended October 31, 2017.&#160;As of October 31, 2017, we recorded $156,250 as an investment at cost<font style="color: red">.</font></font><font style="font-size: 8pt">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The AAC Equity-Holders shall be entitled to an additional Two Million Five Hundred Thousand (2,500,000) of shares of the Company&#8217;s restricted Series A Preferred Stock, $0.0001 par value per share, when both of the following conditions have been met: (a) Following the first year&#8217;s anniversary of the Closing Date and (b) the closing bid price of the Company&#8217;s common stock equals or exceeds $5.00 per share, as reported by OTC Markets, Inc. If these conditions are met, the Company shall cause the issuance of such shares within ten (10) calendar days of the satisfaction of such conditions.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The AAC Equity-Holders shall be entitled to another additional Two Million Five Hundred Thousand (2,500,000) of shares of the Company&#8217;s restricted Series A Preferred Stock, $0.0001 par value per share, when the following conditions have been met: The Company shall be the owner of record of no less than Forty percent (40%) of the member interests in each of (i) AAC and (ii) its affiliated company, 561, LLC. If these conditions are met, the Company shall cause the issuance of such shares within ten (10) calendar days of the satisfaction of such conditions.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b><i>Medical Smart Care LLC</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif; background-color: white">The Company acquired a 40% interest in Medical Smart Care LLC for 1,000,000 shares of Series A Convertible Preferred Stock, with a deem value of $0.25 pure share or $250,000. The shares are to be issued to the Medical Smart Care Equity-holder as follows: 250,000 shares issued within 5 days of the of the closing date. These shares wer issued in November with the mutual consent of the parties. 250,000 Shares are to be issued on or before December 31, 2017; 250,000 Shares are to be issued on or before April 30, 2018; and 250,000 Shares are to be issued on or before August 31, 2018. As of October 31, 2017, we recorded $62,500 as an investment at cost.</font><font style="font-size: 8pt">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>LEH Insurance Group LLC</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="background-color: white">The Company acquired a 40% interest in LEH Insurance Group LLC (&#8220;LEHIG&#8221;) by issuing 500,000 shares of Series A Convertible Preferred Stock, with a deem value of $0.25 pure share or $125,000. As of October 31, 2017, we recorded $125,000 as an investment at cost. The 500,000 shares were issued to the LEHIG Equity-holder in November 2017.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The LEHIG Equity-Holder shall be entitled to an additional Five Hundred Thousand (500,000) of shares of the Company&#8217;s restricted Series A Preferred Stock, $0.0001 par value per share, when the following condition has been met: Prior to December 31, 2018, LEHIG has booked premiums of at least Five Hundred Thousand dollars ($500,000). If this condition is met, the Company shall cause the issuance of such shares within ten (10) calendar days of the satisfaction of such conditions.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The LEHIG Equity-Holder shall be entitled to a second additional Five Hundred Thousand (500,000) of shares of the Company&#8217;s restricted Series A Preferred Stock, $0.0001 par value per share, when the following condition has been met: Prior to December 31, 2018, LEHIG has booked premiums of at least One Million dollars ($1,000,000). If this condition is met, the Company shall cause the issuance of such shares within ten (10) calendar days of the satisfaction of such conditions.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>NOTE 5 - NOTES PAYABLE</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">Notes Payable consisted of the following at October 31, 2017:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <table cellspacing="0" cellpadding="0" align="center" style="width: 6.5in; font: 11pt Calibri, Helvetica, Sans-Serif"> <tr style="vertical-align: bottom"> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">July 31,</p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">2017</p></td> <td>&#160;</td> <td style="border-bottom: black 1pt solid"> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">Interest</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">Rate</p></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1pt solid; text-align: center"><font style="font-family: Times New Roman, Times, Serif">Maturity</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCFFCC"> <td style="width: 41%"><font style="font: 10pt Times New Roman, Times, Serif">Dated &#8211; March 20, 2017</font></td> <td style="width: 2%">&#160;</td> <td style="width: 4%; text-align: center"><font style="font-family: Times New Roman, Times, Serif">$</font></td> <td style="width: 20%; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#9;10,000</font></td> <td style="width: 2%">&#160;</td> <td style="width: 9%; text-align: center"><font style="font-family: Times New Roman, Times, Serif">12%</font></td> <td style="width: 2%">&#160;</td> <td style="width: 2%">&#160;</td> <td style="width: 18%; text-align: center"><font style="font-family: Times New Roman, Times, Serif">March 18, 2018</font></td></tr> <tr style="vertical-align: bottom"> <td><font style="font: 10pt Times New Roman, Times, Serif">Dated &#8211; May 4, 2017</font></td> <td>&#160;</td> <td style="text-align: center">&#160;</td> <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#9;10,000</font></td> <td>&#160;</td> <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif">12%</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif">May 3, 2018</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCFFCC"> <td><font style="font: 10pt Times New Roman, Times, Serif">Dated &#8211; May 11, 2017</font></td> <td>&#160;</td> <td style="text-align: center">&#160;</td> <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#9;15,000</font></td> <td>&#160;</td> <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif">12%</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: center"><font style="font-family: Times New Roman, Times, Serif">May 10, 2017</font></td></tr> <tr style="vertical-align: bottom"> <td><font style="font: 10pt Times New Roman, Times, Serif">Total notes payable</font></td> <td>&#160;</td> <td style="border-top: black 1pt solid; text-align: center">&#160;</td> <td style="border-top: black 1pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#9;35,000</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCFFCC"> <td><font style="font: 10pt Times New Roman, Times, Serif">Less: current portion of notes payable</font></td> <td>&#160;</td> <td style="border-bottom: black 1pt solid; text-align: center">&#160;</td> <td style="border-bottom: black 1pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#9;35,000</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom"> <td><font style="font: 10pt Times New Roman, Times, Serif">Long-term notes payable</font></td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">$&#160;</font></td> <td style="border-bottom: black 2.25pt double; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#9;-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As of October 31, 2017, the Company accrued interest on these notes of $2,196 and recorded interest expense of $2,058 in interest expense for the period from inception (May 5, 2017) to October 31, 2017.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <table cellspacing="0" cellpadding="0" align="center" style="width: 6.5in; font: 11pt Calibri, Helvetica, Sans-Serif"> <tr style="vertical-align: bottom"> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1pt solid; text-align: center"> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">July 31,</p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">2017</p></td> <td>&#160;</td> <td style="border-bottom: black 1pt solid"> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">Interest</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">Rate</p></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Maturity</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCFFCC"> <td style="width: 41%"><font style="font: 10pt Times New Roman, Times, Serif">Dated &#8211; March 20, 2017</font></td> <td style="width: 2%"><font style="font-size: 10pt">&#160;</font></td> <td style="width: 4%; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 20%; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#9;10,000</font></td> <td style="width: 2%"><font style="font-size: 10pt">&#160;</font></td> <td style="width: 9%; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">12%</font></td> <td style="width: 2%"><font style="font-size: 10pt">&#160;</font></td> <td style="width: 2%"><font style="font-size: 10pt">&#160;</font></td> <td style="width: 18%; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">March 18, 2018</font></td></tr> <tr style="vertical-align: bottom"> <td><font style="font: 10pt Times New Roman, Times, Serif">Dated &#8211; May 4, 2017</font></td> <td><font style="font-size: 10pt">&#160;</font></td> <td style="text-align: center"><font style="font-size: 10pt">&#160;</font></td> <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#9;10,000</font></td> <td><font style="font-size: 10pt">&#160;</font></td> <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">12%</font></td> <td><font style="font-size: 10pt">&#160;</font></td> <td><font style="font-size: 10pt">&#160;</font></td> <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">May 3, 2018</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCFFCC"> <td><font style="font: 10pt Times New Roman, Times, Serif">Dated &#8211; May 11, 2017</font></td> <td><font style="font-size: 10pt">&#160;</font></td> <td style="text-align: center"><font style="font-size: 10pt">&#160;</font></td> <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#9;15,000</font></td> <td><font style="font-size: 10pt">&#160;</font></td> <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">12%</font></td> <td><font style="font-size: 10pt">&#160;</font></td> <td><font style="font-size: 10pt">&#160;</font></td> <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">May 10, 2017</font></td></tr> <tr style="vertical-align: bottom"> <td><font style="font: 10pt Times New Roman, Times, Serif">Total notes payable</font></td> <td>&#160;</td> <td style="border-top: black 1pt solid; text-align: center">&#160;</td> <td style="border-top: black 1pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#9;35,000</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCFFCC"> <td><font style="font: 10pt Times New Roman, Times, Serif">Less: current portion of notes payable</font></td> <td>&#160;</td> <td style="border-bottom: black 1pt solid; text-align: center">&#160;</td> <td style="border-bottom: black 1pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#9;35,000</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom"> <td><font style="font: 10pt Times New Roman, Times, Serif">Long-term notes payable</font></td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">$&#160;</font></td> <td style="border-bottom: black 2.25pt double; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#9;-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>NOTE 6 - CONVERTIBLE NOTES PAYABLE</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">Convertible notes payable consisted of the following at October 31, 2017:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <table cellspacing="0" cellpadding="0" align="center" style="width: 6.5in; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td colspan="2" style="border-bottom: Black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">October 31, 2017</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCFFCC"> <td style="width: 74%; padding-right: 5.4pt; padding-left: 5.4pt; font: 11pt Calibri, Helvetica, Sans-Serif"><font style="font: 10pt Times New Roman, Times, Serif">Dated &#8211; May 15, 2017</font></td> <td style="width: 2%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td nowrap="nowrap" style="width: 3%; padding-right: 5.4pt; padding-left: 5.4pt; font: 11pt Calibri, Helvetica, Sans-Serif; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td nowrap="nowrap" style="width: 21%; padding-right: 5.4pt; padding-left: 5.4pt; font: 11pt Calibri, Helvetica, Sans-Serif; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;63,000&#160;</font></td></tr> <tr style="vertical-align: bottom"> <td style="font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Dated &#8211; June 20, 2015&#160;&#160;</font></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td> <td nowrap="nowrap" style="font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;38,000&#160;</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCFFCC"> <td style="font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Dated - September 26, 2017</font></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td> <td nowrap="nowrap" style="font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;15,000&#160;</font></td></tr> <tr style="vertical-align: bottom"> <td style="font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Dated - October 10, 2017</font></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td nowrap="nowrap" style="border-bottom: Black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td> <td nowrap="nowrap" style="border-bottom: Black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;100,000&#160;</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCFFCC"> <td style="font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Total convertible notes payable</font></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td> <td nowrap="nowrap" style="font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;216,000&#160;</font></td></tr> <tr style="vertical-align: bottom"> <td style="font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Less: debt discount and deferred financing fees</font></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td nowrap="nowrap" style="border-bottom: Black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td> <td nowrap="nowrap" style="border-bottom: Black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;(125,491)</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCFFCC"> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td> <td nowrap="nowrap" style="font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;90,509&#160;</font></td></tr> <tr style="vertical-align: bottom"> <td style="font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Less: current portion of convertible notes payable</font></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td nowrap="nowrap" style="border-bottom: Black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td> <td nowrap="nowrap" style="border-bottom: Black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;90,509&#160;</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCFFCC"> <td style="font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Long-term convertible notes payable</font></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td nowrap="nowrap" style="border-bottom: black 2.25pt double; font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td nowrap="nowrap" style="border-bottom: black 2.25pt double; font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;-&#160;</font></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company recognized amortization expense related to the debt discount and deferred financing fees of $90,509 for the period of inception (May 5, 2017) to October 31, 2017, which are included in interest expense in the consolidated statements of operations. The Company also recorded an interest of $29,630 on the convertible notes payables, during the period from inception (May 5, 2017) to October 31, 2017.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On November 14, 2017, the Company paid $90,055, for settlement of the note dated May 15, 2017, with a principal balance of $63,000. As of October 31, 2017, the Company recorded $23,534 in prepayment penalties and accrued interest payable and recognized a gain of $93,285 from the change in derivative liability.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">Promissory Notes &#8211; Issued in Fiscal year 2017</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">During the period of inception (May 5, 2017) to October 31, 2017, the Company issued a total of $216,000 notes with the following terms:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <table cellspacing="0" cellpadding="0" style="width: 100%"> <tr> <td style="width: 4%; font: 11pt Calibri, Helvetica, Sans-Serif">&#160;</td> <td style="vertical-align: top; width: 3%; font: 11pt Calibri, Helvetica, Sans-Serif"><font style="font: 10pt Times New Roman, Times, Serif">--</font></td> <td style="vertical-align: top; width: 93%; font: 11pt Calibri, Helvetica, Sans-Serif"><font style="font: 10pt Times New Roman, Times, Serif">Terms of zero to 9 months</font></td></tr> <tr> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td></tr> <tr> <td style="font: 11pt Calibri, Helvetica, Sans-Serif">&#160;</td> <td style="vertical-align: top; font: 11pt Calibri, Helvetica, Sans-Serif"><font style="font: 10pt Times New Roman, Times, Serif">--</font></td> <td style="vertical-align: top; font: 11pt Calibri, Helvetica, Sans-Serif"><font style="font: 10pt Times New Roman, Times, Serif">Annual interest rates of 12%</font></td></tr> <tr> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td></tr> <tr> <td style="font: 11pt Calibri, Helvetica, Sans-Serif">&#160;</td> <td style="vertical-align: top; font: 11pt Calibri, Helvetica, Sans-Serif"><font style="font: 10pt Times New Roman, Times, Serif">--</font></td> <td style="vertical-align: top; font: 11pt Calibri, Helvetica, Sans-Serif"><font style="font: 10pt Times New Roman, Times, Serif">Convertible at the option of the holders at issuance.&#160;</font></td></tr> <tr> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td></tr> <tr> <td style="font: 11pt Calibri, Helvetica, Sans-Serif">&#160;</td> <td style="vertical-align: top; font: 11pt Calibri, Helvetica, Sans-Serif"><font style="font: 10pt Times New Roman, Times, Serif">--</font></td> <td style="vertical-align: top; font: 11pt Calibri, Helvetica, Sans-Serif"><font style="font: 10pt Times New Roman, Times, Serif">Conversion prices are typically based on the discounted (39% discount) lowest two (2) trading prices of the Company&#8217;s common shares during the fifteen (15) trading day period prior to conversion. One note has a fixed conversion price of $0.005 per share.</font></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The notes allow the Company to redeem the notes at rates ranging from 110% to 135% depending on the redemption date provided that no redemption is allowed after the 180<sup>th</sup>&#160;day. The Company received net cash of $207,000 on the convertible notes and recognized $9,000 as deferred financing fee, which is being amortized over the term of the convertible notes.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">The Company determined that the conversion feature met the definition of a liability in accordance with ASC Topic No. 815 - 40, &#8220;<i>Derivatives and Hedging - Contracts in Entity's Own Stock</i>,&#8221; and therefore bifurcated the embedded conversion option once the note becomes convertible and accounted for it as a derivative liability. The fair value of the conversion feature was recorded as a debt discount and amortized to interest expense over the term of the note.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company valued the conversion feature using the Black Scholes valuation model. The fair value of the derivative liability for all the notes amounted to $2,246,349. $147,000 of the value assigned to the derivative liability was recognized as a debt discount to the notes while the balance of $2,099,349 was recognized as a &#8220;day 1&#8221; derivative loss.</p> <table cellspacing="0" cellpadding="0" align="center" style="width: 6.5in; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td colspan="2" style="border-bottom: Black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">October 31, 2017</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCFFCC"> <td style="width: 74%; padding-right: 5.4pt; padding-left: 5.4pt; font: 11pt Calibri, Helvetica, Sans-Serif"><font style="font: 10pt Times New Roman, Times, Serif">Dated &#8211; May 15, 2017</font></td> <td style="width: 2%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td nowrap="nowrap" style="width: 3%; padding-right: 5.4pt; padding-left: 5.4pt; font: 11pt Calibri, Helvetica, Sans-Serif; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td nowrap="nowrap" style="width: 21%; padding-right: 5.4pt; padding-left: 5.4pt; font: 11pt Calibri, Helvetica, Sans-Serif; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;63,000&#160;</font></td></tr> <tr style="vertical-align: bottom"> <td style="font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Dated &#8211; June 20, 2015&#160;&#160;</font></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td> <td nowrap="nowrap" style="font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;38,000&#160;</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCFFCC"> <td style="font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Dated - September 26, 2017</font></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td> <td nowrap="nowrap" style="font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;15,000&#160;</font></td></tr> <tr style="vertical-align: bottom"> <td style="font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Dated - October 10, 2017</font></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td nowrap="nowrap" style="border-bottom: Black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td> <td nowrap="nowrap" style="border-bottom: Black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;100,000&#160;</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCFFCC"> <td style="font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Total convertible notes payable</font></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td> <td nowrap="nowrap" style="font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;216,000&#160;</font></td></tr> <tr style="vertical-align: bottom"> <td style="font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Less: debt discount and deferred financing fees</font></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td nowrap="nowrap" style="border-bottom: Black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td> <td nowrap="nowrap" style="border-bottom: Black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;(125,491)</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCFFCC"> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td> <td nowrap="nowrap" style="font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;90,509&#160;</font></td></tr> <tr style="vertical-align: bottom"> <td style="font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Less: current portion of convertible notes payable</font></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td nowrap="nowrap" style="border-bottom: Black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td> <td nowrap="nowrap" style="border-bottom: Black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;90,509&#160;</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCFFCC"> <td style="font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Long-term convertible notes payable</font></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td nowrap="nowrap" style="border-bottom: black 2.25pt double; font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td nowrap="nowrap" style="border-bottom: black 2.25pt double; font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;-&#160;</font></td></tr> </table> <table cellspacing="0" cellpadding="0" align="center" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 6.5in; border-collapse: collapse"> <tr style="vertical-align: bottom; background-color: #CCFFCC"> <td style="width: 74%; padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Day one loss due to derivative liabilities on convertible notes payable</font></td> <td style="width: 2%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="width: 3%; padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">$ </font></td> <td nowrap="nowrap" style="width: 21%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;2,099,349&#160;</font></td></tr> <tr style="vertical-align: bottom"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(Gain) Loss on change in fair value of the derivative</font></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td nowrap="nowrap" style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;(976,758)</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCFFCC"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Loss on change in fair value of derivative liabilities</font></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">$ </font></td> <td nowrap="nowrap" style="border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;1,122,591&#160;</font></td></tr> </table> <table cellspacing="0" cellpadding="0" align="center" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 6.5in; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td colspan="4" style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Fair Value Measurements Using Significant Observable Inputs (Level 3)</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCFFCC"> <td style="width: 75%; padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Balance - May 5, 2017</font></td> <td style="width: 2%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="width: 3%; padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">$ </font></td> <td nowrap="nowrap" style="width: 20%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;-&#160;</font></td></tr> <tr style="vertical-align: bottom"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Acquisition of derivative liability on reverse acquisition</font></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;93,349&#160;</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCFFCC"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Addition of new derivatives recognized as debt discounts</font></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;147,000&#160;</font></td></tr> <tr style="vertical-align: bottom"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Addition of new derivatives recognized as loss on derivatives</font></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;2,099,349&#160;</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCFFCC"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(Gain) on change in fair value of the derivative</font></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td nowrap="nowrap" style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;(976,758)</font></td></tr> <tr style="vertical-align: bottom"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Balance - October 31, 2017</font></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="border-bottom: Black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">$ </font></td> <td nowrap="nowrap" style="border-bottom: Black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;1,362,940&#160;</font></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>NOTE 7 - DERIVATIVE LIABILITIES</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company analyzed the conversion option for derivative accounting consideration under ASC 815, &#8220;<i>Derivatives and Hedging,&#8221;&#160;</i>and determined that the instrument should be classified as a liability since the conversion option becomes effective at issuance resulting in there being no explicit limit to the number of shares to be delivered upon settlement of the above conversion options.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company determined our derivative liabilities to be a Level 3 fair value measurement and used the Black-Scholes pricing model to calculate the fair value as of October 31, 2017. The Black-Scholes model requires six basic data inputs: the exercise or strike price, time to expiration, the risk free interest rate, the current stock price, the estimated volatility of the stock price in the future, and the dividend rate. Changes to these inputs could produce a significantly higher or lower fair value measurement. The fair value of each convertible note is estimated using the Black-Scholes valuation model. The following weighted-average assumptions were used for the period ended October 31, 2017:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <table cellspacing="0" cellpadding="0" align="center" style="width: 6.5in; font: 11pt Calibri, Helvetica, Sans-Serif"> <tr style="vertical-align: bottom"> <td style="width: 71%">&#160;</td> <td style="width: 3%">&#160;</td> <td style="width: 3%">&#160;</td> <td style="width: 23%"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Date of Inception</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(May 5, 2017) to</p></td></tr> <tr style="vertical-align: bottom"> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1pt solid"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">October 31,</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">2017</p></td></tr> <tr style="vertical-align: bottom; background-color: #CCFFCC"> <td><font style="font: 10pt Times New Roman, Times, Serif">Expected term</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;0.31 &#8211; 1.00 year</font></td></tr> <tr style="vertical-align: bottom"> <td><font style="font: 10pt Times New Roman, Times, Serif">Expected average volatility</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;126% - 330%</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCFFCC"> <td><font style="font: 10pt Times New Roman, Times, Serif">Expected dividend yield</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</font></td></tr> <tr style="vertical-align: bottom"> <td><font style="font: 10pt Times New Roman, Times, Serif">Risk-free interest rate</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;0.99% - 1.34%</font></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">The following table summarizes the derivative liabilities included in the balance sheet at October 31, 2017:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <table cellspacing="0" cellpadding="0" align="center" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 6.5in; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td colspan="4" style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Fair Value Measurements Using Significant Observable Inputs (Level 3)</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCFFCC"> <td style="width: 75%; padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Balance - May 5, 2017</font></td> <td style="width: 2%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="width: 3%; padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">$ </font></td> <td nowrap="nowrap" style="width: 20%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;-&#160;</font></td></tr> <tr style="vertical-align: bottom"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Acquisition of derivative liability on reverse acquisition</font></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;93,349&#160;</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCFFCC"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Addition of new derivatives recognized as debt discounts</font></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;147,000&#160;</font></td></tr> <tr style="vertical-align: bottom"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Addition of new derivatives recognized as loss on derivatives</font></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;2,099,349&#160;</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCFFCC"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(Gain) on change in fair value of the derivative</font></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td nowrap="nowrap" style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;(976,758)</font></td></tr> <tr style="vertical-align: bottom"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Balance - October 31, 2017</font></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="border-bottom: Black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">$ </font></td> <td nowrap="nowrap" style="border-bottom: Black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;1,362,940&#160;</font></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">ASC 815 requires we assess the fair market value of derivative liability at the end of each reporting period and recognize any change in the fair market value as other income or expense item. The following table summarizes the loss (gain) on derivative liability included in the income statement for the period of inception (May 5, 2017) to October 31, 2017.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <table cellspacing="0" cellpadding="0" align="center" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 6.5in; border-collapse: collapse"> <tr style="vertical-align: bottom; background-color: #CCFFCC"> <td style="width: 74%; padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Day one loss due to derivative liabilities on convertible notes payable</font></td> <td style="width: 2%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="width: 3%; padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">$ </font></td> <td nowrap="nowrap" style="width: 21%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;2,099,349&#160;</font></td></tr> <tr style="vertical-align: bottom"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(Gain) Loss on change in fair value of the derivative</font></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td nowrap="nowrap" style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;(976,758)</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCFFCC"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Loss on change in fair value of derivative liabilities</font></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td> <td style="border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">$ </font></td> <td nowrap="nowrap" style="border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#9;1,122,591&#160;</font></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <table cellspacing="0" cellpadding="0" align="center" style="width: 6.5in; font: 11pt Calibri, Helvetica, Sans-Serif"> <tr style="vertical-align: bottom"> <td style="width: 71%">&#160;</td> <td style="width: 3%">&#160;</td> <td style="width: 3%">&#160;</td> <td style="width: 23%"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Date of Inception</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(May 5, 2017) to</p></td></tr> <tr style="vertical-align: bottom"> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1pt solid"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">October 31,</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">2017</p></td></tr> <tr style="vertical-align: bottom; background-color: #CCFFCC"> <td><font style="font: 10pt Times New Roman, Times, Serif">Expected term</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;0.31 &#8211; 1.00 year</font></td></tr> <tr style="vertical-align: bottom"> <td><font style="font: 10pt Times New Roman, Times, Serif">Expected average volatility</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;126% - 330%</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCFFCC"> <td><font style="font: 10pt Times New Roman, Times, Serif">Expected dividend yield</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</font></td></tr> <tr style="vertical-align: bottom"> <td><font style="font: 10pt Times New Roman, Times, Serif">Risk-free interest rate</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;0.99% - 1.34%</font></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>NOTE 8 - RELATED PARTY CONSIDERATIONS</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Alchemist Holdings, LLC</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As part of the acquisition of Total Travel Media (see Note 1), Alchemist Holdings, LLC (&#8220;Alchemist&#8221;), which is controlled by our Chairman, Robert Oblon, received 7,500,000 shares of the Series B Convertible Preferred Stock (75% of the issued shares) and 7,500,000 shares of the Common Class B Stock (75% of the issued shares), respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As part of the acquisition of Four Oceans Holdings, Inc. (see Note 1), Alchemist received 50,000,000 shares of the Series A Convertible Preferred Stock (66.7% of the issued shares).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On March 15, 2017, the Company entered into a Consultancy and Marketing Agreement with Alchemist to provide marketing and consulting services, tools, websites, video production and event management services. The Agreement shall remain in effect until the completion of the services. The Agreement may be terminated by the Company, without cause and without liability by giving 14 calendar days written notice of such termination to Alchemist. Total cost for these services were estimated to be $840,000 for twelve months from agreement date. The Company has paid $862,361, to the related party, pursuant to this agreement, during the six months ended October 31, 2017. Of this amount, $724,511was paid post reverse acquisition (May 23, 2017) and is included in the marketing expense in the accompanying financial statements. Subsequent to October 31, 2017, approximately $75,000 was paid for services.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Bear Bull Market Dividends, Inc.</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As part of the acquisition of Total Travel Media (see Note 1), Bear Bull Market Dividends, Inc. (&#8220;Bear Bull&#8221;), received 2,500,000 shares of the Series B Convertible Preferred Stock (25% of the issued shares) and 2,500,000 shares of the Common Class B Stock (25% of the issued shares), respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As part of the acquisition of Four Oceans Holdings, Inc. (see Note 1), Bear Bull received 20,000,000 shares of the Series A Convertible Preferred Stock (26.7% of the issued shares).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="font-size: 10pt">On April 7, 2017, the Company issued a Promissory Note to Bear Bull, for $16,500, due April 6, 2018. The Note carries an annual interest rate of 12%. As of October 31, 2017, the accrued interest&#160;</font>on the note amounted to&#160;<font style="font-size: 10pt">$1,128.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Other</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">During the period from May 5, 2017 to October 31, 2017, the Company paid no management fees to our CEO and CFO.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>NOTE 9 - STOCKHOLDERS&#8217; DEFICIT</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Preferred Stock</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company has authorized 200,000,000 preferred shares with a par value of $0.0001 per share. The Board of Directors is authorized to divide the authorized shares of Preferred Stock into one or more series, each of which shall be so designated as to distinguish the shares thereof from the shares of all other series and classes.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b><i>Series A Convertible Preferred Stock</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company has authorized the issuance of one hundred million (100,000,000) shares of Series A Preferred Stock. The Series A Preferred shares are senior in ranking to the Series C Preferred shares, but junior to the Series B Preferred shares. The affirmative vote of the holders of Eighty-six percent (86%) of the issued and outstanding shares of Series A Preferred Stock shall be required for the Board of Directors to: (i) declare dividends upon shares of common stock unless the Series A Preferred shares are to receive the same dividend as the common shares, on an as converted basis; (ii) redeem the shares of Series A Preferred Stock at a price of $0.001 per share; (iii) authorize or issue additional or other capital stock that is junior or equal rank to the Series A Preferred shares with respect to the preferences as to distributions and payments upon the liquidation or dissolution and winding up of the Company; and (iv) amend, alter, change, or repeal any of the powers, designations, preferences, and rights of the Series A Preferred Stock. Upon the dissolution, liquidation, or winding up of the Company, whether voluntary or involuntary, the holders of the Series A Preferred Stock shall receive out of the assets of the Company the sum of $0.001 per shares before any payment or distribution shall be made on the Common Stock, or any other class of capital stock of the Company ranking junior to the Series A Preferred Stock. For a period of ten (10) years from the date of issuance of shares of Series A Preferred Stock, the holders may elect to convert each share of Series A Preferred Stock into one share of the Company&#8217;s Common Stock. Each share of Series A Preferred Stock is entitled to one vote when voting as a class or together with shares of Common Stock.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">From May 5, 2017 to October 31, 2017, the Company issued the following shares of Series A Convertible Preferred Stock:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 11pt Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 0.25in"></td><td style="width: 0.25in"><font style="font: 10pt Symbol">&#183;</font></td><td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">On October 4, 2017, we issued 500,000 shares of Series A Convertible preferred stock to LEH Insurance Group LLC, as part of an equity investment for 40% of to LEH Insurance Group LLC. The shares were issued for a deemed value of $0.25 per share or $125,000 (see Note 4).</font></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&#160;</p> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 11pt Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 0.25in"></td><td style="width: 0.25in"><font style="font: 10pt Symbol">&#183;</font></td><td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">On October 4, 2017, we issued 250,000 shares of Series A Convertible preferred stock to Medical Smart Care LLC, as part of an equity investment for 40% of Medical Smart Care LLC. The shares were issued for a deemed value of $0.25 per share or $62,500 (see Note 4).</font></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&#160;</p> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 11pt Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 0.25in"></td><td style="width: 0.25in"><font style="font: 10pt Symbol">&#183;</font></td><td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">On October 4, 2017, we issued 625,000 shares of Series A Convertible preferred stock to America Approved Commercial LLC, as part of an equity investment for 25% of America Approved Commercial LLC. The shares were issued for a deemed value of $0.25 per share or $156,250 (see Note 4).</font></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&#160;</p> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 11pt Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 0.25in"></td><td style="width: 0.25in"><font style="font: 10pt Symbol">&#183;</font></td><td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">On October 4, 2017, we issued 625,000 shares of Series A Convertible preferred stock to 561 LLC, as part of an equity investment for 25% of 561 LLC. The shares were issued for a deemed value of $0.25 per share or $156,250 (see Note 4).</font></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&#160;</p> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 11pt Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 0.25in"></td><td style="width: 0.25in"><font style="font: 10pt Symbol">&#183;</font></td><td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">On September 29, 2017, we issued 75,000,000 shares of Series A Convertible preferred stock, 50,000,000 shares to Alchemist Holdings, 20,000,000 shares to Bear Bull Market Dividends, Inc., and 5,000,000 shares to Research and Referral, BZ; as an acquisition for 100% of Four Oceans Holdings, Inc. The acquisition was under common control and the deemed value was the historical cost of Four Oceans Holdings, Inc. (see Note 1).</font></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&#160;</p> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 11pt Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 0.25in"></td><td style="width: 0.25in"><font style="font: 10pt Symbol">&#183;</font></td><td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">From June to July, 2017, we issued 1,065,790 shares of Series A Convertible preferred stock to consultants for a deemed value of $0.25 per share or $266,448.</font></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&#160;</p> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 11pt Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 0.25in"></td><td style="width: 0.25in"><font style="font: 10pt Symbol">&#183;</font></td><td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">On May 31, 2017, we issued 5,628,750 shares of Series A Convertible preferred stock to 212 Technologies, LLC, as part of an equity investment for 24% of 212 technologies, LLC. The shares were issued for a deemed value of $0.25 per share or $1,407,188 (see Note 4).</font></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><font style="background-color: white">As of October 31, 2017, 83,694,540 shares of series A Convertible Preferred Stock were issued and outstanding. </font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b><i>Series B Convertible Preferred Stock</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company has authorized the issuance of ten million (10,000,000) series of Series B Preferred Stock. The Series B Preferred shares are senior in ranking to the Series A and Series C Preferred shares. The affirmative vote of the holders of Eighty-six percent (86%) of the issued and outstanding shares of Series B Preferred Stock shall be required for the Board of Directors to: (i) declare dividends upon shares of common stock unless the Series B Preferred shares are to receive the same dividend as the common shares, on an as converted basis; (ii) redeem the shares of Series B Preferred Stock at a price of $0.001 per share; (iii) authorize or issue additional or other capital stock that is senior, junior or equal rank to the Series B Preferred shares with respect to the preferences as to distributions and payments upon the liquidation or dissolution and winding up of the Company; and (iv) amend, alter, change, or repeal any of the powers, designations, preferences, and rights of the Series B Preferred Stock. Upon the dissolution, liquidation, or winding up of the Company, whether voluntary or involuntary, the holders of the Series B Preferred Stock shall receive out of the assets of the Company the sum of $0.001 per shares before any payment or distribution shall be made on the Common Stock, or any other class of capital stock of the Company ranking junior to the Series B Preferred Stock. For a period of ten (10) years from the date of issuance of shares of Series B Preferred Stock, the holders may elect to convert each share of Series B Preferred Stock into one share of the Company&#8217;s Common Stock. Each share of Series B Preferred Stock is entitled to one vote when voting as a class and one thousand votes when voting together with shares of Common Stock.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="background-color: white">On May 23, 2017, pursuant to the Share Exchange Agreement (See Note 1), the Company issued 10,000,000 shares of Series B convertible preferred stock to the stockholders of Total Travel Media in exchange for 10,000,000 shares of Total Travel Media&#8217;s common stock, representing 100% of its issued and outstanding common stock. As a result of the reverse acquisition accounting, these shares issued to the former Total Travel Media stockholders are treated as being outstanding from the date of issuance of the Total Travel Media shares.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><font style="background-color: white">As of October 31, 2017, 10,000,000 shares of series B Preferred Stock were issued and outstanding.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b><i>Series C Convertible Preferred Stock</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company has authorized the issuance of ten million (10,000,000) series of Series C Preferred Stock. The Series C Preferred shares are junior in ranking to the Series A and Series B Preferred shares. The affirmative vote of the holders of Eighty-six percent (86%) of the issued and outstanding shares of Series C Preferred Stock shall be required for the Board of Directors to: (i) declare dividends upon shares of common stock unless the Series C Preferred shares are to receive the same dividend as the common shares, on an as converted basis; (ii) redeem the shares of Series C Preferred Stock at a price of $0.001 per share; (iii) authorize or issue additional or other capital stock that is junior or equal rank to the Series C Preferred shares with respect to the preferences as to distributions and payments upon the liquidation or dissolution and winding up of the Company; and (iv) amend, alter, change, or repeal any of the powers, designations, preferences, and rights of the Series C Preferred Stock. Upon the dissolution, liquidation, or winding up of the Company, whether voluntary or involuntary, the holders of the Series C Preferred Stock shall receive out of the assets of the Company the sum of $0.001 per shares before any payment or distribution shall be made on the Common Stock, or any other class of capital stock of the Company ranking junior to the Series C Preferred Stock. For a period of ten (10) years from the date of issuance of shares of Series C Preferred Stock, the holders may elect to convert each share of Series C Preferred Stock into one share of the Company&#8217;s Common Stock. Each share of Series C Preferred Stock is entitled to one vote when voting as a class or together with shares of Common Stock.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">During the three month period ended October 31, 2017, we issued 1,410,000 shares of Series C Convertible Preferred Stock for $0.25 per share, for proceeds of $352,500.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><font style="background-color: white">As of October 31, 2017, 2,470,000 shares of series C Preferred Stock were issued and outstanding.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Common Stock</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company has authorized the issuance of Class&#160;A common stock and Class&#160;B common stock. We are authorized to issue&#160;500,000,000 shares of Class&#160;A common stock and&#160;10,000,000 shares of Class&#160;B common stock, each with a par value of&#160;$0.0001&#160;per share. Holders of our Class&#160;A common stock and Class&#160;B common stock are entitled to dividends when, as and if, declared by our board of directors, subject to the rights of the holders of all classes of stock outstanding having priority rights to dividends. The shares of each class of Common Stock shall be identical except that the holders of the Class B Common Stock shall be entitled to elect a majority of the Board of Directors and the holders of the Class A Common Stock shall elect the remainder of the directors. Each share of Class B Common Stock shall be convertible at any time into one share of Common Stock at the option of the holder. Class&#160;A common stock and Class&#160;B common stock are referred to as common stock throughout the notes to these financial statements, unless otherwise noted.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On September 26, 2017, the Company issued 1,500,000 shares of Class A common stock for consulting services, valued at $1,042,500.</p> <p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On May 23, 2017,&#160;pursuant to the Share Exchange Agreement (See Note 1), the Company&#160;issued 10,000,000 shares of Class B common stock to the stockholders of Total Travel Media&#160;in exchange for 10,000,000 shares of Total Travel Media&#8217;s common stock, representing 100% of its issued and outstanding common stock. As a result of the reverse acquisition accounting, these shares issued to the former Total Travel Media stockholders are treated as being outstanding from the date of issuance of the Total Travel Media shares.</p> <p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0">As of&#160;October 31, 2017, there were&#160;54,860,000 shares of Class A common stock and&#160;10,000,000&#160;shares of Class B common stock issued and outstanding, respectively.</p> <p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0"><b>Shares Subscribed</b></p> <p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0">As of October 31, 2017, the Company has received subscriptions for Series C Convertible Preferred Stock totaling $157,001.</p> <p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0"><b>&#160;0</b></p> <p style="margin: 0pt"></p> <p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0"><b>NOTE 10 - COMMITMENTS AND CONTINGENCIES</b></p> <p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 11pt/12pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Pursuant to our 40% equity investment in LEH Insurance Group LLC (&#8220;LEHIG&#8221;), on October 4, 2017, LEHIG based upon attaining certain benchmarks for booked insurance premiums through December 31, 2018, the seller of the LEHIG ownership may be entitled to an additional 1,000,000 shares of the Company&#8217;s</font><font style="font-size: 8pt">&#160;</font> <font style="font: 10pt Times New Roman, Times, Serif">Series A Preferred Stock. As of October 31, 2017, the Company has not recorded a contingency for this event.</font></p> <p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Pursuant to our 25% equity investment in 561 LLC ("561"), on October 4, 2017, if, on October 4, 2018, the Company's common stock has a closing bid price in excess of $5.00 per share, the sellers of 561 ownership shall be entitled to an additional 2,500,000 shares of the Company's Series A Preferred Stock. Additionally, at such time as the Company shall be the owner of record of no less than 40% of the member interests in each of 561 and it's affiliated Company, America Approved Commercial, LLC ("AAC"), the Sellers of 561 ownership shall be entitled to another 2,500,000 shares of the Company's Series A Preferred Stock. As of October 31, the Company has not made a contingency for these events.</p> <p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Pursuant to our 25% equity investment in AAC, on October 4, 2017, if, on October 4, 2018, the Company's common stock has a closing bid price in excess of $5.00 per share, the sellers of the AAC ownership shall be entitled to an additional 2,500,000 shares of the Company's Series A Preferred Stock. Additionally, at such time as the Company shall be the owner of record of no less than 40% of the member interests in each of AAC and its affiliated company, 561, the sellers of AAC shall be entitled to another 2,500,000 shares of the Company's Series A Preferred Stock. As of October 31, the Company has not made a contingency for these events.</p> <p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>NOTE 11 - SUBSEQUENT EVENTS</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">Subsequent to October 31, 2017,</p> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 11pt Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 0.25in"></td><td style="width: 0.25in"><font style="font: 10pt Symbol">&#183;</font></td><td><font style="font: 10pt Times New Roman, Times, Serif">the Company received $47,500 as share subscriptions for Series C Convertible Preferred Stock at $0.25 per share, and issued 190,000 shares of Series C Convertible Preferred Stock.</font></td></tr></table> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 11pt Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 0.25in"></td><td style="width: 0.25in"><font style="font: small-caps 10pt Symbol">&#183;</font></td><td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">On November 14, 2017, Sharing Services, Inc. (the &#8220;Company&#8221;) prepaid, in full, the convertible promissory note dated May 15, 2017 in the principal amount of Sixty-Three Thousand dollars ($63,000.00) (the &#8220;Note&#8221;) plus accrued interest and a prepayment penalty, for a total payment of $90,055.13. As a result of this payment, the Company has fully satisfied its obligations under the Note and the holder of the Note, Power Up Lending Group, Ltd., is no longer entitled to exercise its conversion rights under the Note.</font></td></tr></table> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 11pt/12pt Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 0.25in"></td><td style="width: 0.25in"><font style="font: 10pt Symbol">&#183;</font></td><td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Effective November 27, 2017, Robert Oblon was elected a Director of the Company by unanimous vote of the holders of all issued and outstanding shares of Class B Common Stock of the Company, which pursuant to the Amended and Restated Articles of Incorporation of the Company, are entitled to elect a majority of the members of the Company&#8217;s Board of Directors. Mr. Oblon, as the control person of Alchemist Holdings LLC, voted all of its shares of Class B Common Stock in favor of his election to the Board of Directors. Subsequent thereto, also on November 27, 2017, the Board of Directors elected Mr. Oblon as Chairman of the Board of Directors. Mr. Oblon&#8217;s term as a Director shall be 3 years, until the Company&#8217;s Annual Meeting of Stockholders in 2020. </font></td></tr></table> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top"> <td style="width: 0.25in"></td><td style="width: 0.25in"><font style="font: 10pt Symbol">&#183;</font></td><td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The Company closed a financing transaction whereby the Company borrowed the sum of Fifty Thousand dollars ($50,000.00) from an accredited investor, Caye Island Ventures LLC (the &#8220;Lender&#8221;). The transaction involved (i) the issuance by the Company in favor of the Lender of a Convertible Promissory Note (the &#8220;Note&#8221;) in the principal amount of $50,000.00 and (ii) the entering into of a Securities Purchase Agreement by the Company and the Lender (the &#8220;SPA&#8221;). The Note accrues interest at the rate of Twelve percent (12%) per annum with the principal amount and all accrued interest being due and payable on November 13, 2018. At the option of the Lender, the Note is convertible into shares of the Company&#8217;s common stock at any time following 180 days from its issuance. The foregoing description of the Note and the accompanying SPA, both dated November 13, 2017, is a summary only and is qualified in its entirety by the full text of the Note and SPA, which are filed as Exhibits 1.1 and 1.2 hereto, respectively, and incorporated herein by reference.</font></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> 1308948 694207 245630 95664540 99555659 3891119 EX-101.SCH 7 shrv-20171031.xsd XBRL SCHEMA FILE 00000001 - Document - Document and Entity Information link:presentationLink link:calculationLink link:definitionLink 00000002 - Statement - BALANCE SHEETS link:presentationLink link:calculationLink link:definitionLink 00000003 - Statement - BALANCE SHEETS (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 00000004 - Statement - STATEMENT OF OPERATIONS link:presentationLink link:calculationLink link:definitionLink 00000005 - Statement - STATEMENTS OF CASH FLOWS link:presentationLink link:calculationLink link:definitionLink 00000006 - Disclosure - NOTE 1 - NATURE OF OPERATIONS AND BASIS OF PRESENTATION link:presentationLink link:calculationLink link:definitionLink 00000007 - Disclosure - NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES link:presentationLink link:calculationLink link:definitionLink 00000008 - Disclosure - NOTE 3 - PROPERTY AND EQUIPMENT link:presentationLink link:calculationLink link:definitionLink 00000009 - Disclosure - NOTE 4 - EQUITY INVESTMENTS link:presentationLink link:calculationLink link:definitionLink 00000010 - Disclosure - NOTE 5 - NOTES PAYABLE link:presentationLink link:calculationLink link:definitionLink 00000011 - Disclosure - NOTE 6 - CONVERTIBLE NOTES PAYABLE link:presentationLink link:calculationLink link:definitionLink 00000012 - Disclosure - NOTE 7 - DERIVATIVE LIABILITIES link:presentationLink link:calculationLink link:definitionLink 00000013 - Disclosure - NOTE 8 - RELATED PARTY CONSIDERATIONS link:presentationLink link:calculationLink link:definitionLink 00000014 - Disclosure - NOTE 9 - STOCKHOLDERS' DEFICIT link:presentationLink link:calculationLink link:definitionLink 00000015 - Disclosure - NOTE 10 - COMMITMENTS AND CONTINGENCIES link:presentationLink link:calculationLink link:definitionLink 00000016 - Disclosure - NOTE 11 - SUBSEQUENT EVENTS link:presentationLink link:calculationLink link:definitionLink 00000017 - Disclosure - NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies) link:presentationLink link:calculationLink link:definitionLink 00000018 - Disclosure - NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) link:presentationLink link:calculationLink link:definitionLink 00000019 - Disclosure - NOTE 3 - PROPERTY AND EQUIPMENT (Tables) link:presentationLink link:calculationLink link:definitionLink 00000020 - Disclosure - NOTE 5 - NOTES PAYABLE (Tables) link:presentationLink link:calculationLink link:definitionLink 00000021 - Disclosure - NOTE 6 - CONVERTIBLE NOTES PAYABLE (Tables) link:presentationLink link:calculationLink link:definitionLink 00000022 - Disclosure - NOTE 7 - DERIVATIVE LIABILITIES (Tables) link:presentationLink link:calculationLink link:definitionLink 00000023 - Disclosure - NOTE 1 - NATURE OF OPERATIONS AND BASIS OF PRESENTATION (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000024 - Disclosure - NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) link:presentationLink link:calculationLink link:definitionLink 00000025 - Disclosure - NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000026 - Disclosure - NOTE 3 - PROPERTY AND EQUIPMENT (Details) link:presentationLink link:calculationLink link:definitionLink 00000027 - Disclosure - NOTE 3 - PROPERTY AND EQUIPMENT (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000028 - Disclosure - NOTE 4 - EQUITY INVESTMENTS (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000029 - Disclosure - NOTE 5 - NOTES PAYABLE (Details) link:presentationLink link:calculationLink link:definitionLink 00000030 - Disclosure - NOTE 5 - NOTES PAYABLE (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000031 - Disclosure - NOTE 6 - CONVERTIBLE NOTES PAYABLE (Details) link:presentationLink link:calculationLink link:definitionLink 00000032 - Disclosure - NOTE 6 - CONVERTIBLE NOTES PAYABLE (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000033 - Disclosure - NOTE 7 - DERIVATIVE LIABILITIES (Details) link:presentationLink link:calculationLink link:definitionLink 00000034 - Disclosure - NOTE 8 - RELATED PARTY TRANSACTIONS (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000035 - Disclosure - NOTE 9 - STOCKHOLDERS' DEFICIT (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000036 - Disclosure - NOTE 10 - COMMITMENTS AND CONTINGENCIES (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000037 - Disclosure - NOTE 11 - SUBSEQUENT EVENTS (Details Narrative) link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 8 shrv-20171031_cal.xml XBRL CALCULATION FILE EX-101.DEF 9 shrv-20171031_def.xml XBRL DEFINITION FILE EX-101.LAB 10 shrv-20171031_lab.xml XBRL LABEL FILE Notes Payable 1 [Axis] Notes Payable 3 Notes Payable 4 Document And Entity Information Entity Registrant Name Entity Central Index Key Document Type Document Period End Date Amendment Flag Current Fiscal Year End Date Is Entity a Well-known Seasoned Issuer? Is Entity a Voluntary Filer? Is Entity's Reporting Status Current? Entity Filer Category Entity Common Stock, Shares Outstanding Entity Public Float Document Fiscal Period Focus Document Fiscal Year Focus Amendment Description Condensed Balance Sheets ASSETS Current Assets Cash and cash equivalents Prepaid expenses Total Current Assets Property and equipment, net Investment TOTAL ASSETS LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities Accounts payable and accrued expenses Accrued interest - related parties Advance from customers Due to related party Investment payable Convertible notes payable, net of unamortized debt discount of $125,491 Notes payable Notes payable - related parties Derivative liabilities Total Current Liabilities TOTAL LIABILITIES Stockholders' Equity Preferred stock, $0.0001 par value, 200,000,000 shares authorized: Series A convertible preferred stock, $0.0001 par value, 100,000,000 shares designated; 83,694,540 shares issued and outstanding Series B convertible preferred stock, $0.0001 par value, 10,000,000 shares designated; 10,000,000 shares issued and outstanding Series C convertible preferred stock, $0.0001 par value, 10,000,000 shares designated; 2,471,000 shares issued and outstanding Common Stock, $0.0001 par value, 500,000,000 million Class A shares authorized, 54,860,000 shares issued and outstanding as of October 31, 2017; 10,000,000 Class B authorized, 10,000,000 shares issued and outstanding as of October 31, 2017 Additional paid-in capital Accumulated Deficit Stock subscription Total Stockholders' Equity TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY Condensed Balance Sheets Parenthetical Preferred Stock Preferred stock, par value Preferred stock, authorized Preferred stock, issued Series A convertible preferred stock Series A convertible preferred stock, designated Series A convertible preferred stock, issued and outstanding Series B convertible preferred stock Series B convertible preferred stock, designated Series B convertible preferred stock, issued and outstanding Series C convertible preferred stock Series C convertible preferred stock, designated Series C convertible preferred stock, issued and outstanding Common Stock Common Stock class A, par value Common stock class A, authorized Common Stock class B, par value Common stock class B, authorized Common stock, shares issued Common stock, shares outstanding Condensed Statement Of Operations Revenues Operating Expenses General and administration Marketing expenses Stock based compensation Professional fees Total operating expenses Operating loss Other income (expense) Interest expense Change in fair value of derivative liability Total other expense Net loss Basic and dilutive loss per common share Weighted average number of common shares outstanding - basic and diluted Condensed Statement Of Cash Flows CASH FLOWS FROM OPERATING ACTIVITIES: Net loss Adjustments to reconcile net loss to net cash used in operating activities: Depreciation Stock-based compensation Amortization of debt discount and debt issue cost Change in fair value of derivative Changes in operating assets and liabilities: Prepaid expenses Accounts payable and accrued expenses Accrued interest, related parties Deferred revenue Net Cash Used in Operating Activities CASH FLOWS FROM INVESTING ACTIVITIES: Cash from acquisition of subsidiaries Equity Investment Net Cash Provided by Investing Activities CASH FLOWS FROM FINANCING ACTIVITIES Proceeds from issuance of convertible notes payable Proceeds from issuance of Series C Convertible preferred stock Repayment of promissory notes payable Proceeds from related parties Net Cash Provided By Financing Activities Increase in cash and cash equivalents Cash and cash equivalents, beginning of period Cash and cash equivalents, end of period Supplemental cash flow information Cash paid for interest Cash paid for taxes Supplemented disclosure of non-cash investing and financing activities Series A Convertible Preferred Stock issued for equity investments Derivative liability recognized as debt discount Class B common stock and Series B convertible preferred stock issued for intangible assets Investment payable for equity investments Notes to Financial Statements NOTE 1 - NATURE OF OPERATIONS AND BASIS OF PRESENTATION NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Property, Plant and Equipment [Abstract] NOTE 3 - PROPERTY AND EQUIPMENT Schedule of Investments [Abstract] NOTE 4 - EQUITY INVESTMENTS Debt Disclosure [Abstract] NOTE 5 - NOTES PAYABLE NOTE 6 - CONVERTIBLE NOTES PAYABLE NOTE 7 - DERIVATIVE LIABILITIES NOTE 8 - RELATED PARTY CONSIDERATIONS Equity [Abstract] NOTE 9 - STOCKHOLDERS' DEFICIT Commitments and Contingencies Disclosure [Abstract] NOTE 10 - COMMITMENTS AND CONTINGENCIES NOTE 11 - SUBSEQUENT EVENTS Summary Of Significant Accounting Policies Policies Basis of Presentation Comprehensive Loss Use of Estimates and Assumptions Principles of Consolidation Cash and cash equivalents Fair value measurements Fair value of financial instruments Related Parties Long-Lived Assets Property and Equipment Share-Based Expense Advertising Costs Income Taxes Basic and Diluted Net Loss per Common Share Convertible notes Recently Issued Accounting Standards Fair Value measurements by level Dilutive instruments Property and Equipment Notes payable Covertible notes payable Weighted average Black Sholes assumptions Fair Value measurments Loss (gain) on derivative liability Accumulated deficit Total Stockholders' Deficit Convertible notes Convertible preferred shares Potential dilutive instruments Summary Of Significant Accounting Policies Details Narrative Cash Office Equipment estimated useful life Office equipment accumulated depreciation Share based expense Advertising and marketing expense convertible notes and accrued interest Office equipment Accumulated depreciation Property and equipment, net Statement [Table] Statement [Line Items] NotesPayableAxis [Axis] Notes Payable 1 Notes Payable 2 Note payable Interest rate of note Interest accrued on note Related Party Transactions Details Narrative Due to shareholder Forgiveness of related party loan Conversion to equity percent of trading price Convertible duration Acquisition for stock, percent of company Series A Preferred stock issued in acquisition Cash paid for acquisition Class B Common stock issued in acquisition Class B Preferred stock issued in acquisition Preferred Series C shares issued, shares Preferred Series C shares issued, price per share Preferred Series C shares issued, net proceeds Preferred Series C shares issued for services Preferred Series C shares to be issued for services Note payable and interest paid in full Assets Common Stock, Share Subscribed but Unissued, Subscriptions Receivable Liabilities and Equity Operating Costs and Expenses Increase (Decrease) in Prepaid Expense Increase (Decrease) in Accounts Payable and Accrued Liabilities Net Cash Provided by (Used in) Operating Activities Net Cash Provided by (Used in) Financing Activities Cash, Period Increase (Decrease) Cash Cash and Cash Equivalents, Policy [Policy Text Block] Property, Plant and Equipment [Table Text Block] Schedule of Debt [Table Text Block] ConvertibleNotesShares OfficeEquipmentNet EX-101.PRE 11 shrv-20171031_pre.xml XBRL PRESENTATION FILE XML 12 R1.htm IDEA: XBRL DOCUMENT v3.8.0.1
Document and Entity Information - shares
6 Months Ended
Oct. 31, 2017
Dec. 21, 2017
Document And Entity Information    
Entity Registrant Name SHARING SERVICES, INC.  
Entity Central Index Key 0001644488  
Document Type 10-Q  
Document Period End Date Oct. 31, 2017  
Amendment Flag false  
Current Fiscal Year End Date --04-30  
Is Entity a Well-known Seasoned Issuer? No  
Is Entity a Voluntary Filer? No  
Is Entity's Reporting Status Current? Yes  
Entity Filer Category Smaller Reporting Company  
Entity Common Stock, Shares Outstanding   54,860,000
Document Fiscal Period Focus Q2  
Document Fiscal Year Focus 2018  
XML 13 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
BALANCE SHEETS
Oct. 31, 2017
USD ($)
Current Assets  
Cash and cash equivalents $ 69,483
Prepaid expenses 8,875
Total Current Assets 78,358
Property and equipment, net 3,062
Investment 2,007,188
TOTAL ASSETS 2,088,608
Current Liabilities  
Accounts payable and accrued expenses 46,195
Accrued interest - related parties 1,128
Advance from customers 23,300
Investment payable 75,000
Convertible notes payable, net of unamortized debt discount of $125,491 90,509
Notes payable 35,000
Notes payable - related parties 16,500
Derivative liabilities 1,362,940
Total Current Liabilities 1,656,220
TOTAL LIABILITIES 1,656,220
Stockholders' Equity  
Series A convertible preferred stock, $0.0001 par value, 100,000,000 shares designated; 83,694,540 shares issued and outstanding 8,369
Series B convertible preferred stock, $0.0001 par value, 10,000,000 shares designated; 10,000,000 shares issued and outstanding 1,000
Series C convertible preferred stock, $0.0001 par value, 10,000,000 shares designated; 2,471,000 shares issued and outstanding 247
Common Stock, $0.0001 par value, 500,000,000 million Class A shares authorized, 54,860,000 shares issued and outstanding as of October 31, 2017; 10,000,000 Class B authorized, 10,000,000 shares issued and outstanding as of October 31, 2017 6,486
Additional paid-in capital 3,636,668
Accumulated Deficit (3,377,383)
Stock subscription 157,001
Total Stockholders' Equity 432,388
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 2,088,608
XML 14 R3.htm IDEA: XBRL DOCUMENT v3.8.0.1
BALANCE SHEETS (Parenthetical)
Oct. 31, 2017
$ / shares
shares
Preferred Stock  
Preferred stock, par value | $ / shares $ 0.0001
Preferred stock, authorized 200,000,000
Preferred stock, issued 0
Series A convertible preferred stock, designated 100,000,000
Series A convertible preferred stock, issued and outstanding 83,694,540
Series B convertible preferred stock  
Series B convertible preferred stock, designated 10,000,000
Series B convertible preferred stock, issued and outstanding 10,000,000
Series C convertible preferred stock  
Series C convertible preferred stock, designated 10,000,000
Series C convertible preferred stock, issued and outstanding 2,470,000
Common Stock  
Common Stock class A, par value | $ / shares $ 0.0001
Common stock class A, authorized 500,000,000
Common Stock class B, par value | $ / shares $ 0.0001
Common stock class B, authorized 10,000,000
Common stock, shares issued 54,860,000
Common stock, shares outstanding 54,860,000
XML 15 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
STATEMENT OF OPERATIONS - USD ($)
3 Months Ended 6 Months Ended
Oct. 31, 2017
Oct. 31, 2017
Condensed Statement Of Operations    
Revenues $ 0 $ 0
Operating Expenses    
General and administration 66,958 94,770
Marketing expenses 405,790 694,207
Stock based compensation 1,042,500 1,308,948
Professional fees 24,136 33,672
Total operating expenses 1,539,384 2,131,597
Operating loss (1,539,384) (2,131,597)
Other income (expense)    
Interest expense (96,589) (123,195)
Change in fair value of derivative liability (1,100,587) (1,122,591)
Total other expense (1,197,173) (1,245,786)
Net loss $ (2,736,557) $ (3,377,383)
Basic and dilutive loss per common share $ (.05) $ (.07)
Weighted average number of common shares outstanding - basic and diluted 58,212,889 48,324,000
XML 16 R5.htm IDEA: XBRL DOCUMENT v3.8.0.1
STATEMENTS OF CASH FLOWS
6 Months Ended
Oct. 31, 2017
USD ($)
CASH FLOWS FROM OPERATING ACTIVITIES:  
Net loss $ (3,377,383)
Adjustments to reconcile net loss to net cash used in operating activities:  
Depreciation 800
Stock-based compensation 1,308,948
Amortization of debt discount and debt issue cost 90,509
Change in fair value of derivative 1,122,591
Changes in operating assets and liabilities:  
Prepaid expenses (7,750)
Accounts payable and accrued expenses 40,015
Accrued interest, related parties 998
Deferred revenue 23,300
Net Cash Used in Operating Activities (797,972)
CASH FLOWS FROM INVESTING ACTIVITIES:  
Cash from acquisition of subsidiaries 57,605
Equity Investment (15,000)
Net Cash Provided by Investing Activities 42,605
CASH FLOWS FROM FINANCING ACTIVITIES  
Proceeds from issuance of convertible notes payable 147,000
Proceeds from issuance of Series C Convertible preferred stock 692,001
Repayment of promissory notes payable (15,000)
Proceeds from related parties 849
Net Cash Provided By Financing Activities 824,850
Increase in cash and cash equivalents 69,483
Cash and cash equivalents, beginning of period 0
Cash and cash equivalents, end of period 69,483
Supplemental cash flow information  
Cash paid for interest 0
Cash paid for taxes 0
Supplemented disclosure of non-cash investing and financing activities  
Series A Convertible Preferred Stock issued for equity investments 1,907,188
Derivative liability recognized as debt discount 147,000
Class B common stock and Series B convertible preferred stock issued for intangible assets 2,000
Investment payable for equity investments $ 75,000
XML 17 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1
NOTE 1 - NATURE OF OPERATIONS AND BASIS OF PRESENTATION
6 Months Ended
Oct. 31, 2017
Notes to Financial Statements  
NOTE 1 - NATURE OF OPERATIONS AND BASIS OF PRESENTATION

NOTE 1 – NATURE OF OPERATIONS AND BASIS OF PRESENTATION

 

Sharing Services, Inc. (“Sharing Services”, “we”, “us”, or the “Company”) was incorporated on April 24, 2014 in the State of Nevada. The Company’s wholly owned subsidiary, Total Travel Media, Inc. (“Total Travel Media”, or “TTM”), was incorporated on May 5, 2017 in the State of Nevada. The Company’s wholly-owned subsidiary, Four Oceans Holdings, Inc. (“Four Oceans”), was incorporated on September 22, 2017 in the State of Nevada. The fiscal year end is April 30. The Company acquired Total Travel Media on May 23, 2017. While Total Travel Media is a wholly owned subsidiary of the Company, for financial accounting purposes the transaction has been treated as a reverse acquisition (reference is made to the paragraph below entitled “Recapitalization”). The Company acquired Four Oceans from related parties and was treated as an acquisition under common control.

 

The Company was originally formed to launch a taxi sharing website and application. Beginning on February 1, 2017 the Company changed its business model and is now a travel and technology management company. Sharing Services is a direct-selling model with a subscription-based vacation portal.

 

Share Exchange and Acquisition – Four Oceans Holdings, Inc.

 

On September 29, 2017, Sharing Services, Inc., entered into a Share Exchange Agreement with Four Oceans Holdings, Inc., a Nevada corporation. Pursuant to the terms of the Agreement, the Company acquired all of the shares of capital stock of Four Oceans from the holders of such stock (the “Equity-Holders”), in exchange for the issuance of Seventy-five Million (75,000,000) newly-issued restricted shares of the Company’s Series A Preferred Stock, par value $0.0001 per share (the “Series A Preferred Stock”). Following the closing, Four Oceans operated as a wholly-owned subsidiary of the Company.

 

Four Oceans was controlled by Alchemist Holdings, LLC, a Company controlled by our Chairman, who received 50,000,000 Series A Preferred stock; Bear Bull Market Dividends, Inc., a Company that is a significant shareholder of Sharing Services, who received 20,000,000 Series A Preferred stock; and Research and Referral BZ received 5,000,000 shares. As a result of these share exchanges, Four Oceans became a 100% owned subsidiary of the Company. As these transactions are between entities under common control, the Company has reported the results of operations for the period in a manner similar to a pooling of interests and has consolidated financial results since the initial date in which the above companies were under common control. Assets and liabilities were combined on their carrying values and no recognition of goodwill was made. The Company has presented earnings per share based on the new parent company shares issued to the former shareholders of the Company.

 

Share Exchange and Reorganization – Total Travel Media, Inc.

 

On May 23, 2017, Sharing Services, Inc., entered into a Share Exchange Agreement (the “Agreement”) with Total Travel Media, Inc. On May 23, 2017, there was a Closing of the transaction (the “Closing Date”). Pursuant to the terms of the Agreement, the Company acquired all of the shares of capital stock of TTM from the holders of such stock (the “Equity-Holders”), in exchange for the issuance of Ten Million (10,000,000) newly-issued shares of the Company’s Common Class B Stock, par value $0.0001 per share and (ii) Ten Million (10,000,000) newly-issued shares of the Company’s Series B Preferred Stock, par value $0.0001 per share. Following the Closing Date, TTM will operate as a wholly-owned subsidiary of the Company.

 

Recapitalization

 

For financial accounting purposes, this transaction was treated as a reverse acquisition by Total Travel Media, and resulted in a recapitalization with Total Travel Media being the accounting acquirer and Sharing Services as the acquired company. The consummation of this reverse acquisition resulted in a change of control. Accordingly, the historical financial statements prior to the acquisition are those of the accounting acquirer, Total Travel Media, and have been prepared to give retroactive effect to the reverse acquisition completed on May 23, 2017, and represent the operations of Total Travel Media. The consolidated financial statements after the acquisition date, May 23, 2017, include the balance sheets of both companies at historical cost, the historical results of Total Travel Media and the results of the Company from the acquisition date. All share and per share information in the accompanying consolidated financial statements and footnotes has been retroactively restated to reflect the recapitalization.

 

Going concern

 

These financial statements have been prepared on a going concern basis, which assumes the Company will be able to realize its assets and discharge its liabilities in the normal course of business for the foreseeable future. To date the Company has generated no revenues from its business operations and has an accumulated deficit of $3,377,383. As of October 31, 2017, the Company had a working capital deficit of $1,577,862. The Company requires additional funding to meet its ongoing obligations and to fund anticipated operating losses. The ability of the Company to continue as a going concern is dependent on raising capital to fund its initial business plan and ultimately to attain profitable operations. Accordingly, these factors raise substantial doubt as to the Company’s ability to continue as a going concern. The Company has initiated extensive direct sales and social media marketing which it expects to drive significant sales volume of the Company’s products, and services over the next several months. The Company expects to become profitable and not need additional outside funding once working capital needs have been met. The acceptance of the Company’s marketing efforts are uncertain and therefore, the Company has plans to continue to fund its business by way of private placements, promissory notes, convertible promissory notes and advances from related parties as may be required.

 

These financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

 

XML 18 R7.htm IDEA: XBRL DOCUMENT v3.8.0.1
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
6 Months Ended
Oct. 31, 2017
Notes to Financial Statements  
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

 

Basis of Presentation

 

The preparation of financial statements in conformity with accounting principles generally accepted in the United States (“GAAP”) requires management to make estimates and assumptions that affect (i) the reported amounts of assets and liabilities, (ii) the disclosure of contingent assets and liabilities known to exist as of the date the financial statements are published, and (iii) the reported amount of net revenues and expenses recognized during the periods presented. Adjustments made with respect to the use of estimates often relate to improved information not previously available.

 

Uncertainties with respect to such estimates and assumptions are inherent in the preparation of financial statements; accordingly, actual results could differ from these estimates.

 

In managements’ opinion, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included.

 

Use of Estimates and Assumptions

 

The preparation of financial statements in accordance with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates include assumptions about the valuation and recognition of stock-based compensation expense, the valuation and recognition of derivative liability, valuation allowance for deferred tax assets and useful life of fixed assets.

 

Principles of Consolidation

 

For October 31, 2017, the unaudited consolidated financial statements of the Company include the accounts of the Company and its wholly owned subsidiaries, Total Travel Media, Inc. and Four Oceans Holding, Inc. All significant intercompany balances and transactions have been eliminated in consolidation.

 

Cash and cash equivalents

 

Cash and cash equivalents include cash on hand and on deposit at banking institutions as well as all highly liquid short-term investments with original maturities of 90 days or less. As of October 31, 2017, the Company had cash and cash equivalents of $69,483

 

Fair value measurements

 

Fair value is defined as the price that the Company would receive to sell an investment or pay to transfer a liability in a timely transaction with an independent counter-party in the principal market or in the absence of a principal market, the most advantageous market for the investment or liability. A three-tier hierarchy is established to distinguish between (1) inputs that reflect the assumptions market participants would use in pricing an asset or liability developed based on market data obtained from sources independent of the reporting entity (observable inputs) and (2) inputs that reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing an asset or liability developed based on the best information available in the circumstances (unobservable inputs); and establishes a classification of fair value measurements for disclosure purposes.

 

The hierarchy is summarized in the three broad levels listed below:

 

Level 1 - quoted prices in active markets for identical assets and liabilities
Level 2 - other significant observable inputs (including quoted prices for similar assets and liabilities, interest rates, credit risk, etc.)
Level 3 - significant unobservable inputs (including the Company’s own assumptions in determining the fair value of assets and liabilities).

 

In accordance with Accounting Standards Codification (“ASC”) 815, the Company’s debt derivative liabilities are measured at fair value on a recurring basis, and are level 3 measurements in the three-tier fair value hierarchy.

 

There were no transfers between the levels of the fair value hierarchy during the period of inception (May 5, 2017) to October 31, 2017.

 

Fair value of financial instruments

 

The Company’s financial instruments consist primarily of cash, accounts payable and accrued expenses, and debt. The carrying amounts of such financial instruments approximate their respective estimated fair value due to the short-term maturities and approximate market interest rates of these instruments.

 

The following table summarizes fair value measurements by level at October 31, 2017 measured at fair value on a recurring basis:

 

      Level 1   Level 2   Level 3   Total
Liabilities                  
Derivative liabilities   $                   -     $            -     $       1,362,940  $       1,362,940

 

 

Related Parties

 

The Company follows ASC 850, “Related Party Disclosures,” for the identification of related parties and disclosure of related party transactions (see Note 8).

 

Long-Lived Assets

 

Long-lived assets are evaluated for impairment whenever events or changes in business circumstances indicate that the carrying amount of the assets may not be fully recoverable or that the useful lives of these assets are no longer appropriate. Each impairment test is based on a comparison of the undiscounted future cash flows to the recorded value of the asset. If impairment is indicated, the asset is written down to its estimated fair value.

 

Property and Equipment

 

Property, plant and equipment is recorded at cost reduced by accumulated depreciation. Depreciation expense is recognized over the assets’ estimated useful lives using the straight-line method. Estimated useful lives of the equipment are as follows:

 

Office equipment - 5 years

 

Estimated useful lives are periodically reviewed and, when appropriate, changes are made prospectively. When certain events or changes in operating conditions occur, asset lives may be adjusted and an impairment assessment may be performed on the recoverability of the carrying amounts.

 

Share-Based Expense

 

ASC 718, “Compensation - Stock Compensation,” prescribes accounting and reporting standards for all share-based payment transactions in which employee services are acquired. Transactions include incurring liabilities, or issuing or offering to issue shares, options, and other equity instruments such as employee stock ownership plans and stock appreciation rights. Share-based payments to employees, including grants of employee stock options, are recognized as compensation expense in the financial statements based on their fair values. That expense is recognized over the period during which an employee is required to provide services in exchange for the award, known as the requisite service period (usually the vesting period).

 

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

 

Share-based expense totaled $1,308,948 for the period from inception (May 5, 2017) to October 31, 2017.

 

Advertising Costs

 

The Company follows ASC 720, “Advertising Costs,” and expenses costs as incurred. Advertising and marketing expense totaled $694,207 for the period from inception (May 5, 2017) to October 31, 2017.

 

Income Taxes

 

The Company utilizes the asset and liability method in accounting for income taxes. Under this method, deferred tax assets and liabilities are recognized for operating loss and tax credit carry-forwards and for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the year 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 the results of operations in the period that includes the enactment date. A valuation allowance is recorded to reduce the carrying amounts of deferred tax assets unless it is more likely than not that the value of such assets will be realized.

 

The Company uses the two-step approach to recognizing and measuring uncertain tax positions. The first step is to evaluate the tax position for recognition by determining if the weight of available evidence indicates it is more likely than not, that the position will be sustained on audit, including resolution of related appeals or litigation processes, if any. The second step is to measure the tax benefit as the largest amount, which is more than 50% likely of being realized upon ultimate settlement. The Company considers many factors when evaluating and estimating the Company's tax positions and tax benefits, which may require periodic adjustments. At October 31, 2017, the Company did not record any liabilities for uncertain tax positions.

  

Basic and Diluted Net Loss per Common Share

 

Basic income (loss) per share is computed by dividing net income (loss) available to common shareholders by the weighted average number of common shares outstanding during the reporting period. The weighted average number of shares is calculated by taking the number of shares outstanding and weighting them by the amount of time that they were outstanding. Diluted earnings per share reflects the potential dilution that could occur if stock options, warrants, and other commitments to issue common stock were exercised or equity awards vest resulting in the issuance of common stock that could share in the earnings of the Company. There were convertible notes and accrued interest for approximately $245,630 and 96,164,540  convertible preferred shares issued by the Company during the period ended October 31, 2017. Potential dilutive instruments as at October 31, 2017, consisted of the following common share equivalents:

 

    October 31, 2017
Convertible notes     3,891,119
Convertible preferred shares     96,164,540 
      100,055,659 

 

 

Diluted loss per share is the same as basic loss per share during periods where net losses are incurred since the inclusion of the potential common stock equivalents would be anti-dilutive as a result of the net loss.

 

Convertible notes

 

Convertible notes are regarded as compound instruments, consisting of a liability component and an equity component. The component parts of compound instruments are classified separately as financial liabilities and equity in accordance with the substance of the contractual arrangement. At the date of issue, the fair value of the liability component is estimated using the prevailing market interest rate for a similar non-convertible instrument. This amount is recorded as a liability on an amortized cost basis until extinguished upon conversion or at the instrument’s maturity date. The equity component is determined by deducting the amount of the liability component from the fair value of the compound instrument as a whole. This is recognized as additional paid-in capital and included in equity, net of income tax effects, and is not subsequently remeasured. After initial measurement, they are carried at amortized cost using the effective interest method.

 

Recently Issued Accounting Standards

 

In September 2017, the FASB has issued Accounting Standards Update (ASU) No. 2017-13, “Revenue Recognition (Topic 605), Revenue from Contracts with Customers (Topic 606), Leases (Topic 840), and Leases (Topic 842): Amendments to SEC Paragraphs Pursuant to the Staff Announcement at the July 20, 2017 EITF Meeting and Rescission of Prior SEC Staff Announcements and Observer Comments.” The amendments in ASU No. 2017-13 amends the early adoption date option for certain companies related to the adoption of ASU No. 2014-09 and ASU No. 2016-02. Both of the below entities may still adopt using the public company adoption guidance in the related ASUs, as amended. The effective date is the same as the effective date and transition requirements for the amendments for ASU 2014-09 and ASU 2016-02.

 

In February 2017, the FASB has issued Accounting Standards Update (ASU) No. 2017-05, “Other Income - Gains and Losses from the Derecognition of Nonfinancial Assets (Subtopic 610-20): Clarifying the Scope of Asset Derecognition Guidance and Accounting for Partial Sales of Nonfinancial Assets.” The amendments clarify that a financial asset is within the scope of Subtopic 610-20 if it meets the definition of an in substance nonfinancial asset. The amendments also define the term in substance nonfinancial asset. The amendments clarify that nonfinancial assets within the scope of Subtopic 610-20 may include nonfinancial assets transferred within a legal entity to a counterparty. For example, a parent may transfer control of nonfinancial assets by transferring ownership interests in a consolidated subsidiary. A contract that includes the transfer of ownership interests in one or more consolidated subsidiaries is within the scope of Subtopic 610-20 if substantially all of the fair value of the assets that are promised to the counterparty in a contract is concentrated in nonfinancial assets. The amendments clarify that an entity should identify each distinct nonfinancial asset or in substance nonfinancial asset promised to a counterparty and derecognize each asset when a counterparty obtains control of it. Effective at the same time as the amendments in Update 2014-09, Revenue from Contracts with Customers (Topic 606). Therefore, public business entities, certain not-for-profit entities, and certain employee benefit plans should apply the amendments in this Update to annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Earlier application is permitted only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. All other entities should apply the amendments in this Update to annual reporting periods beginning after December 15, 2018, and interim periods within annual periods beginning after December 15, 2019. All other entities may apply the guidance earlier as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. All other entities also may apply the guidance earlier as of annual reporting periods beginning after December 15, 2016, and interim reporting periods within annual reporting periods beginning one year after the annual reporting period in which the entity first applies the guidance. An entity is required to apply the amendments in this Update at the same time that it applies the amendments in Update 2014-09. The Company is currently evaluating the potential impact this standard may have on its financial position and results of operations.

 

In January 2017, the FASB has issued Accounting Standards Update (ASU) No. 2017-04, “Intangibles - Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment.” These amendments eliminate Step 2 from the goodwill impairment test. The annual, or interim, goodwill impairment test is performed by comparing the fair value of a reporting unit with its carrying amount. An impairment charge should be recognized for the amount by which the carrying amount exceeds the reporting unit’s fair value; however, the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. In addition, income tax effects from any tax deductible goodwill on the carrying amount of the reporting unit should be considered when measuring the goodwill impairment loss, if applicable. The amendments also eliminate the requirements for any reporting unit with a zero or negative carrying amount to perform a qualitative assessment and, if it fails that qualitative test, to perform Step 2 of the goodwill impairment test. An entity still has the option to perform the qualitative assessment for a reporting unit to determine if the quantitative impairment test is necessary. Effective for public business entities that are a SEC filers for annual or any interim goodwill impairment tests in fiscal years beginning after December 15, 2019. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. ASU 2017-04 should be adopted on a prospective basis. The Company does not anticipate the adoption of ASU 2017-04 will have a material impact on its consolidated financial statements.

 

In January 2017, the FASB issued ASU No. 2017-01, “Business Combinations (Topic 805): Clarifying the Definition of a Business.” This new standard clarifies the definition of a business and provides a screen to determine when an integrated set of assets and activities is not a business. The screen requires that when substantially all of the fair value of the gross assets acquired (or disposed of) is concentrated in a single identifiable asset or a group of similar identifiable assets, the set is not a business. This new standard will be effective for the Company on January 1, 2018, however, early adoption is permitted with prospective application to any business development transaction.

 

Management has considered all recent accounting pronouncements issued. The Company’s management believes that these recent pronouncements will not have a material effect on the Company’s financial statements.

 

XML 19 R8.htm IDEA: XBRL DOCUMENT v3.8.0.1
NOTE 3 - PROPERTY AND EQUIPMENT
6 Months Ended
Oct. 31, 2017
Property, Plant and Equipment [Abstract]  
NOTE 3 - PROPERTY AND EQUIPMENT

NOTE 3 - PROPERTY AND EQUIPMENT

 

Property and equipment consisted of the following at October 31, 2017:

 

  October 31,
  2017
Office equipment $ 3,995 
Accumulated depreciation   (933)
Property and equipment, net $ 3,062 

 

XML 20 R9.htm IDEA: XBRL DOCUMENT v3.8.0.1
NOTE 4 - EQUITY INVESTMENTS
6 Months Ended
Oct. 31, 2017
Schedule of Investments [Abstract]  
NOTE 4 - EQUITY INVESTMENTS

NOTE 4 – EQUITY INVESTMENTS

 

212 Technologies, LLC

 

On May 21, 2017, the Company entered into a transaction whereby the Company will acquire a Forty-eight percent (48%) interest in 212 Technologies, LLC, a Montana limited liability company (“212 Tech”), in exchange for 15,628,750 shares of the Company’s Series A Convertible Preferred Stock and cash in the amount of $100,000. 212 Technologies, LLC is a developer of end-to-end online marketing and direct sales software systems. Initially, the Company will acquire a Twenty-four percent (24%) interest in exchange for 5,628,750 shares of the Company’s Series A Convertible Preferred Stock and cash. The Stakeholder and Investment Agreement dated May 21, 2017 also provides for the acquisition by the Company of the remaining twenty-four percent (24%) interest in 212 Tech at a future date in exchange for an additional 10,000,000 shares of the Company’s Series A Preferred Stock, when the following milestones have been reached: (i) One year has passed from the original MOU; and (ii) the price per share of the Company’s common stock is quoted at $10.00 or more. The Company, in exchange, received a non-exclusive, non-royalty bearing, perpetual, worldwide license of all of the Intellectual Property Rights developed and held by 212 Tech.

 

The Company acquired a 24% interest in 212 Tech by paying $25,000 in cash, leaving a payable of $75,000, and issuing 5,628,750 shares of Series A Convertible Preferred Stock, with a deemed value of $0.25 per share or $1,407,188. As of October 31, 2017, we recorded $1,507,188 as an investment at cost.

 

561 LLC

 

The Company acquired a 25% interest in 561 LLC by issuing 2,500,000 shares of Series A Convertible Preferred Stock, with a deemed value of $0.25 per share or $625,000. The shares are to be issued to the 561 Equity-holders as follows: 625,000 shares issued within 5 days of the of the closing date. These shares are issued and outstanding at October 31, 2017. 625,000 Shares are to be issued on or before December 31, 2017; 625,000 Shares are to be issued on or before April 30, 2018; and 625,000 Shares are to be issued on or before August 31, 2018. As of October 31, 2017, we recorded $156,250 as an investment at cost .

 

The 561 Equity-Holders shall be entitled to an additional Two Million Five Hundred Thousand (2,500,000) of shares of the Company’s restricted Series A Preferred Stock, $0.0001 par value per share, when both of the following conditions have been met: (a) Following the first year’s anniversary of the Closing Date and (b) the closing bid price of the Company’s common stock equals or exceeds $5.00 per share, as reported by OTC Markets, Inc. If these conditions are met, the Company shall cause the issuance of such shares within ten (10) calendar days of the satisfaction of such conditions.

 

The 561 Equity-Holders shall be entitled to an additional Two Million Five Hundred Thousand (2,500,000) of shares of the Company’s restricted Series A Preferred Stock, $0.0001 par value per share, when the following conditions have been met: The Company shall be the owner of record of no less than Forty percent (40%) of the member interests in each of (i) 561 and (ii) its affiliated company, America Approved Commercial, LLC. If these conditions are met, the Company shall cause the issuance of such shares within ten (10) calendar days of the satisfaction of such conditions.

 

America Approved Commercial LLC

 

The Company acquired a 25% interest in America Approved Commercial LLC by issuing 2,500,000 shares of Series A Convertible Preferred Stock, with a deemed value of $0.25 pure share or $625,000. The Company issued 625,000 shares during the period ended October 31, 2017. As of October 31, 2017, we recorded $156,250 as an investment at cost. 

 

The AAC Equity-Holders shall be entitled to an additional Two Million Five Hundred Thousand (2,500,000) of shares of the Company’s restricted Series A Preferred Stock, $0.0001 par value per share, when both of the following conditions have been met: (a) Following the first year’s anniversary of the Closing Date and (b) the closing bid price of the Company’s common stock equals or exceeds $5.00 per share, as reported by OTC Markets, Inc. If these conditions are met, the Company shall cause the issuance of such shares within ten (10) calendar days of the satisfaction of such conditions.

 

The AAC Equity-Holders shall be entitled to another additional Two Million Five Hundred Thousand (2,500,000) of shares of the Company’s restricted Series A Preferred Stock, $0.0001 par value per share, when the following conditions have been met: The Company shall be the owner of record of no less than Forty percent (40%) of the member interests in each of (i) AAC and (ii) its affiliated company, 561, LLC. If these conditions are met, the Company shall cause the issuance of such shares within ten (10) calendar days of the satisfaction of such conditions.

 

Medical Smart Care LLC

 

The Company acquired a 40% interest in Medical Smart Care LLC for 1,000,000 shares of Series A Convertible Preferred Stock, with a deem value of $0.25 pure share or $250,000. The shares are to be issued to the Medical Smart Care Equity-holder as follows: 250,000 shares issued within 5 days of the of the closing date. These shares wer issued in November with the mutual consent of the parties. 250,000 Shares are to be issued on or before December 31, 2017; 250,000 Shares are to be issued on or before April 30, 2018; and 250,000 Shares are to be issued on or before August 31, 2018. As of October 31, 2017, we recorded $62,500 as an investment at cost. 

 

LEH Insurance Group LLC

 

The Company acquired a 40% interest in LEH Insurance Group LLC (“LEHIG”) by issuing 500,000 shares of Series A Convertible Preferred Stock, with a deem value of $0.25 pure share or $125,000. As of October 31, 2017, we recorded $125,000 as an investment at cost. The 500,000 shares were issued to the LEHIG Equity-holder in November 2017.

 

The LEHIG Equity-Holder shall be entitled to an additional Five Hundred Thousand (500,000) of shares of the Company’s restricted Series A Preferred Stock, $0.0001 par value per share, when the following condition has been met: Prior to December 31, 2018, LEHIG has booked premiums of at least Five Hundred Thousand dollars ($500,000). If this condition is met, the Company shall cause the issuance of such shares within ten (10) calendar days of the satisfaction of such conditions.

 

The LEHIG Equity-Holder shall be entitled to a second additional Five Hundred Thousand (500,000) of shares of the Company’s restricted Series A Preferred Stock, $0.0001 par value per share, when the following condition has been met: Prior to December 31, 2018, LEHIG has booked premiums of at least One Million dollars ($1,000,000). If this condition is met, the Company shall cause the issuance of such shares within ten (10) calendar days of the satisfaction of such conditions.

 

XML 21 R10.htm IDEA: XBRL DOCUMENT v3.8.0.1
NOTE 5 - NOTES PAYABLE
6 Months Ended
Oct. 31, 2017
Debt Disclosure [Abstract]  
NOTE 5 - NOTES PAYABLE

NOTE 5 - NOTES PAYABLE

 

Notes Payable consisted of the following at October 31, 2017:

 

   

July 31,

2017

 

Interest

Rate

    Maturity
Dated – March 20, 2017   $ 10,000   12%     March 18, 2018
Dated – May 4, 2017     10,000   12%     May 3, 2018
Dated – May 11, 2017     15,000   12%     May 10, 2017
Total notes payable     35,000          
Less: current portion of notes payable     35,000          
Long-term notes payable   -          

 

 

As of October 31, 2017, the Company accrued interest on these notes of $2,196 and recorded interest expense of $2,058 in interest expense for the period from inception (May 5, 2017) to October 31, 2017.

 

XML 22 R11.htm IDEA: XBRL DOCUMENT v3.8.0.1
NOTE 6 - CONVERTIBLE NOTES PAYABLE
6 Months Ended
Oct. 31, 2017
Notes to Financial Statements  
NOTE 6 - CONVERTIBLE NOTES PAYABLE

NOTE 6 - CONVERTIBLE NOTES PAYABLE

 

Convertible notes payable consisted of the following at October 31, 2017:

 

    October 31, 2017
Dated – May 15, 2017   $ 63,000 
Dated – June 20, 2015       38,000 
Dated - September 26, 2017     15,000 
Dated - October 10, 2017     100,000 
Total convertible notes payable     216,000 
Less: debt discount and deferred financing fees     (125,491)
      90,509 
Less: current portion of convertible notes payable     90,509 
Long-term convertible notes payable   $

 

 

The Company recognized amortization expense related to the debt discount and deferred financing fees of $90,509 for the period of inception (May 5, 2017) to October 31, 2017, which are included in interest expense in the consolidated statements of operations. The Company also recorded an interest of $29,630 on the convertible notes payables, during the period from inception (May 5, 2017) to October 31, 2017.

 

On November 14, 2017, the Company paid $90,055, for settlement of the note dated May 15, 2017, with a principal balance of $63,000. As of October 31, 2017, the Company recorded $23,534 in prepayment penalties and accrued interest payable and recognized a gain of $93,285 from the change in derivative liability.

 

Promissory Notes – Issued in Fiscal year 2017

 

During the period of inception (May 5, 2017) to October 31, 2017, the Company issued a total of $216,000 notes with the following terms:

 

  -- Terms of zero to 9 months
     
  -- Annual interest rates of 12%
     
  -- Convertible at the option of the holders at issuance. 
     
  -- Conversion prices are typically based on the discounted (39% discount) lowest two (2) trading prices of the Company’s common shares during the fifteen (15) trading day period prior to conversion. One note has a fixed conversion price of $0.005 per share.

 

The notes allow the Company to redeem the notes at rates ranging from 110% to 135% depending on the redemption date provided that no redemption is allowed after the 180th day. The Company received net cash of $207,000 on the convertible notes and recognized $9,000 as deferred financing fee, which is being amortized over the term of the convertible notes.

 

The Company determined that the conversion feature met the definition of a liability in accordance with ASC Topic No. 815 - 40, “Derivatives and Hedging - Contracts in Entity's Own Stock,” and therefore bifurcated the embedded conversion option once the note becomes convertible and accounted for it as a derivative liability. The fair value of the conversion feature was recorded as a debt discount and amortized to interest expense over the term of the note.

 

The Company valued the conversion feature using the Black Scholes valuation model. The fair value of the derivative liability for all the notes amounted to $2,246,349. $147,000 of the value assigned to the derivative liability was recognized as a debt discount to the notes while the balance of $2,099,349 was recognized as a “day 1” derivative loss.

XML 23 R12.htm IDEA: XBRL DOCUMENT v3.8.0.1
NOTE 7 - DERIVATIVE LIABILITIES
6 Months Ended
Oct. 31, 2017
Notes to Financial Statements  
NOTE 7 - DERIVATIVE LIABILITIES

NOTE 7 - DERIVATIVE LIABILITIES

 

The Company analyzed the conversion option for derivative accounting consideration under ASC 815, “Derivatives and Hedging,” and determined that the instrument should be classified as a liability since the conversion option becomes effective at issuance resulting in there being no explicit limit to the number of shares to be delivered upon settlement of the above conversion options.

 

The Company determined our derivative liabilities to be a Level 3 fair value measurement and used the Black-Scholes pricing model to calculate the fair value as of October 31, 2017. The Black-Scholes model requires six basic data inputs: the exercise or strike price, time to expiration, the risk free interest rate, the current stock price, the estimated volatility of the stock price in the future, and the dividend rate. Changes to these inputs could produce a significantly higher or lower fair value measurement. The fair value of each convertible note is estimated using the Black-Scholes valuation model. The following weighted-average assumptions were used for the period ended October 31, 2017:

 

     

Date of Inception

(May 5, 2017) to

     

October 31,

2017

Expected term      0.31 – 1.00 year
Expected average volatility      126% - 330%
Expected dividend yield                            -   
Risk-free interest rate      0.99% - 1.34%

 

 

The following table summarizes the derivative liabilities included in the balance sheet at October 31, 2017:

 

Fair Value Measurements Using Significant Observable Inputs (Level 3)
Balance - May 5, 2017   $
Acquisition of derivative liability on reverse acquisition     93,349 
Addition of new derivatives recognized as debt discounts     147,000 
Addition of new derivatives recognized as loss on derivatives     2,099,349 
(Gain) on change in fair value of the derivative     (976,758)
Balance - October 31, 2017   $ 1,362,940 

 

 

ASC 815 requires we assess the fair market value of derivative liability at the end of each reporting period and recognize any change in the fair market value as other income or expense item. The following table summarizes the loss (gain) on derivative liability included in the income statement for the period of inception (May 5, 2017) to October 31, 2017.

 

Day one loss due to derivative liabilities on convertible notes payable   $ 2,099,349 
(Gain) Loss on change in fair value of the derivative     (976,758)
Loss on change in fair value of derivative liabilities   $ 1,122,591 

 

XML 24 R13.htm IDEA: XBRL DOCUMENT v3.8.0.1
NOTE 8 - RELATED PARTY CONSIDERATIONS
6 Months Ended
Oct. 31, 2017
Notes to Financial Statements  
NOTE 8 - RELATED PARTY CONSIDERATIONS

NOTE 8 - RELATED PARTY CONSIDERATIONS

 

Alchemist Holdings, LLC

 

As part of the acquisition of Total Travel Media (see Note 1), Alchemist Holdings, LLC (“Alchemist”), which is controlled by our Chairman, Robert Oblon, received 7,500,000 shares of the Series B Convertible Preferred Stock (75% of the issued shares) and 7,500,000 shares of the Common Class B Stock (75% of the issued shares), respectively.

 

As part of the acquisition of Four Oceans Holdings, Inc. (see Note 1), Alchemist received 50,000,000 shares of the Series A Convertible Preferred Stock (66.7% of the issued shares).

 

On March 15, 2017, the Company entered into a Consultancy and Marketing Agreement with Alchemist to provide marketing and consulting services, tools, websites, video production and event management services. The Agreement shall remain in effect until the completion of the services. The Agreement may be terminated by the Company, without cause and without liability by giving 14 calendar days written notice of such termination to Alchemist. Total cost for these services were estimated to be $840,000 for twelve months from agreement date. The Company has paid $862,361, to the related party, pursuant to this agreement, during the six months ended October 31, 2017. Of this amount, $724,511was paid post reverse acquisition (May 23, 2017) and is included in the marketing expense in the accompanying financial statements. Subsequent to October 31, 2017, approximately $75,000 was paid for services.

 

Bear Bull Market Dividends, Inc.

 

As part of the acquisition of Total Travel Media (see Note 1), Bear Bull Market Dividends, Inc. (“Bear Bull”), received 2,500,000 shares of the Series B Convertible Preferred Stock (25% of the issued shares) and 2,500,000 shares of the Common Class B Stock (25% of the issued shares), respectively.

 

As part of the acquisition of Four Oceans Holdings, Inc. (see Note 1), Bear Bull received 20,000,000 shares of the Series A Convertible Preferred Stock (26.7% of the issued shares).

 

On April 7, 2017, the Company issued a Promissory Note to Bear Bull, for $16,500, due April 6, 2018. The Note carries an annual interest rate of 12%. As of October 31, 2017, the accrued interest on the note amounted to $1,128.

 

Other

 

During the period from May 5, 2017 to October 31, 2017, the Company paid no management fees to our CEO and CFO.

 

XML 25 R14.htm IDEA: XBRL DOCUMENT v3.8.0.1
NOTE 9 - STOCKHOLDERS' DEFICIT
6 Months Ended
Oct. 31, 2017
Equity [Abstract]  
NOTE 9 - STOCKHOLDERS' DEFICIT

NOTE 9 - STOCKHOLDERS’ DEFICIT

 

Preferred Stock

 

The Company has authorized 200,000,000 preferred shares with a par value of $0.0001 per share. The Board of Directors is authorized to divide the authorized shares of Preferred Stock into one or more series, each of which shall be so designated as to distinguish the shares thereof from the shares of all other series and classes.

 

Series A Convertible Preferred Stock

 

The Company has authorized the issuance of one hundred million (100,000,000) shares of Series A Preferred Stock. The Series A Preferred shares are senior in ranking to the Series C Preferred shares, but junior to the Series B Preferred shares. The affirmative vote of the holders of Eighty-six percent (86%) of the issued and outstanding shares of Series A Preferred Stock shall be required for the Board of Directors to: (i) declare dividends upon shares of common stock unless the Series A Preferred shares are to receive the same dividend as the common shares, on an as converted basis; (ii) redeem the shares of Series A Preferred Stock at a price of $0.001 per share; (iii) authorize or issue additional or other capital stock that is junior or equal rank to the Series A Preferred shares with respect to the preferences as to distributions and payments upon the liquidation or dissolution and winding up of the Company; and (iv) amend, alter, change, or repeal any of the powers, designations, preferences, and rights of the Series A Preferred Stock. Upon the dissolution, liquidation, or winding up of the Company, whether voluntary or involuntary, the holders of the Series A Preferred Stock shall receive out of the assets of the Company the sum of $0.001 per shares before any payment or distribution shall be made on the Common Stock, or any other class of capital stock of the Company ranking junior to the Series A Preferred Stock. For a period of ten (10) years from the date of issuance of shares of Series A Preferred Stock, the holders may elect to convert each share of Series A Preferred Stock into one share of the Company’s Common Stock. Each share of Series A Preferred Stock is entitled to one vote when voting as a class or together with shares of Common Stock.

 

From May 5, 2017 to October 31, 2017, the Company issued the following shares of Series A Convertible Preferred Stock:

 

·On October 4, 2017, we issued 500,000 shares of Series A Convertible preferred stock to LEH Insurance Group LLC, as part of an equity investment for 40% of to LEH Insurance Group LLC. The shares were issued for a deemed value of $0.25 per share or $125,000 (see Note 4).

 

·On October 4, 2017, we issued 250,000 shares of Series A Convertible preferred stock to Medical Smart Care LLC, as part of an equity investment for 40% of Medical Smart Care LLC. The shares were issued for a deemed value of $0.25 per share or $62,500 (see Note 4).

 

·On October 4, 2017, we issued 625,000 shares of Series A Convertible preferred stock to America Approved Commercial LLC, as part of an equity investment for 25% of America Approved Commercial LLC. The shares were issued for a deemed value of $0.25 per share or $156,250 (see Note 4).

 

·On October 4, 2017, we issued 625,000 shares of Series A Convertible preferred stock to 561 LLC, as part of an equity investment for 25% of 561 LLC. The shares were issued for a deemed value of $0.25 per share or $156,250 (see Note 4).

 

·On September 29, 2017, we issued 75,000,000 shares of Series A Convertible preferred stock, 50,000,000 shares to Alchemist Holdings, 20,000,000 shares to Bear Bull Market Dividends, Inc., and 5,000,000 shares to Research and Referral, BZ; as an acquisition for 100% of Four Oceans Holdings, Inc. The acquisition was under common control and the deemed value was the historical cost of Four Oceans Holdings, Inc. (see Note 1).

 

·From June to July, 2017, we issued 1,065,790 shares of Series A Convertible preferred stock to consultants for a deemed value of $0.25 per share or $266,448.

 

·On May 31, 2017, we issued 5,628,750 shares of Series A Convertible preferred stock to 212 Technologies, LLC, as part of an equity investment for 24% of 212 technologies, LLC. The shares were issued for a deemed value of $0.25 per share or $1,407,188 (see Note 4).

 

As of October 31, 2017, 83,694,540 shares of series A Convertible Preferred Stock were issued and outstanding.

 

Series B Convertible Preferred Stock

 

The Company has authorized the issuance of ten million (10,000,000) series of Series B Preferred Stock. The Series B Preferred shares are senior in ranking to the Series A and Series C Preferred shares. The affirmative vote of the holders of Eighty-six percent (86%) of the issued and outstanding shares of Series B Preferred Stock shall be required for the Board of Directors to: (i) declare dividends upon shares of common stock unless the Series B Preferred shares are to receive the same dividend as the common shares, on an as converted basis; (ii) redeem the shares of Series B Preferred Stock at a price of $0.001 per share; (iii) authorize or issue additional or other capital stock that is senior, junior or equal rank to the Series B Preferred shares with respect to the preferences as to distributions and payments upon the liquidation or dissolution and winding up of the Company; and (iv) amend, alter, change, or repeal any of the powers, designations, preferences, and rights of the Series B Preferred Stock. Upon the dissolution, liquidation, or winding up of the Company, whether voluntary or involuntary, the holders of the Series B Preferred Stock shall receive out of the assets of the Company the sum of $0.001 per shares before any payment or distribution shall be made on the Common Stock, or any other class of capital stock of the Company ranking junior to the Series B Preferred Stock. For a period of ten (10) years from the date of issuance of shares of Series B Preferred Stock, the holders may elect to convert each share of Series B Preferred Stock into one share of the Company’s Common Stock. Each share of Series B Preferred Stock is entitled to one vote when voting as a class and one thousand votes when voting together with shares of Common Stock.

 

On May 23, 2017, pursuant to the Share Exchange Agreement (See Note 1), the Company issued 10,000,000 shares of Series B convertible preferred stock to the stockholders of Total Travel Media in exchange for 10,000,000 shares of Total Travel Media’s common stock, representing 100% of its issued and outstanding common stock. As a result of the reverse acquisition accounting, these shares issued to the former Total Travel Media stockholders are treated as being outstanding from the date of issuance of the Total Travel Media shares.

 

As of October 31, 2017, 10,000,000 shares of series B Preferred Stock were issued and outstanding.

 

Series C Convertible Preferred Stock

 

The Company has authorized the issuance of ten million (10,000,000) series of Series C Preferred Stock. The Series C Preferred shares are junior in ranking to the Series A and Series B Preferred shares. The affirmative vote of the holders of Eighty-six percent (86%) of the issued and outstanding shares of Series C Preferred Stock shall be required for the Board of Directors to: (i) declare dividends upon shares of common stock unless the Series C Preferred shares are to receive the same dividend as the common shares, on an as converted basis; (ii) redeem the shares of Series C Preferred Stock at a price of $0.001 per share; (iii) authorize or issue additional or other capital stock that is junior or equal rank to the Series C Preferred shares with respect to the preferences as to distributions and payments upon the liquidation or dissolution and winding up of the Company; and (iv) amend, alter, change, or repeal any of the powers, designations, preferences, and rights of the Series C Preferred Stock. Upon the dissolution, liquidation, or winding up of the Company, whether voluntary or involuntary, the holders of the Series C Preferred Stock shall receive out of the assets of the Company the sum of $0.001 per shares before any payment or distribution shall be made on the Common Stock, or any other class of capital stock of the Company ranking junior to the Series C Preferred Stock. For a period of ten (10) years from the date of issuance of shares of Series C Preferred Stock, the holders may elect to convert each share of Series C Preferred Stock into one share of the Company’s Common Stock. Each share of Series C Preferred Stock is entitled to one vote when voting as a class or together with shares of Common Stock.

 

During the three month period ended October 31, 2017, we issued 1,410,000 shares of Series C Convertible Preferred Stock for $0.25 per share, for proceeds of $352,500.

 

As of October 31, 2017, 2,470,000 shares of series C Preferred Stock were issued and outstanding.

 

Common Stock

 

The Company has authorized the issuance of Class A common stock and Class B common stock. We are authorized to issue 500,000,000 shares of Class A common stock and 10,000,000 shares of Class B common stock, each with a par value of $0.0001 per share. Holders of our Class A common stock and Class B common stock are entitled to dividends when, as and if, declared by our board of directors, subject to the rights of the holders of all classes of stock outstanding having priority rights to dividends. The shares of each class of Common Stock shall be identical except that the holders of the Class B Common Stock shall be entitled to elect a majority of the Board of Directors and the holders of the Class A Common Stock shall elect the remainder of the directors. Each share of Class B Common Stock shall be convertible at any time into one share of Common Stock at the option of the holder. Class A common stock and Class B common stock are referred to as common stock throughout the notes to these financial statements, unless otherwise noted.

 

On September 26, 2017, the Company issued 1,500,000 shares of Class A common stock for consulting services, valued at $1,042,500.

 

On May 23, 2017, pursuant to the Share Exchange Agreement (See Note 1), the Company issued 10,000,000 shares of Class B common stock to the stockholders of Total Travel Media in exchange for 10,000,000 shares of Total Travel Media’s common stock, representing 100% of its issued and outstanding common stock. As a result of the reverse acquisition accounting, these shares issued to the former Total Travel Media stockholders are treated as being outstanding from the date of issuance of the Total Travel Media shares.

 

As of October 31, 2017, there were 54,860,000 shares of Class A common stock and 10,000,000 shares of Class B common stock issued and outstanding, respectively.

 

Shares Subscribed

 

As of October 31, 2017, the Company has received subscriptions for Series C Convertible Preferred Stock totaling $157,001.

 0

XML 26 R15.htm IDEA: XBRL DOCUMENT v3.8.0.1
NOTE 10 - COMMITMENTS AND CONTINGENCIES
6 Months Ended
Oct. 31, 2017
Commitments and Contingencies Disclosure [Abstract]  
NOTE 10 - COMMITMENTS AND CONTINGENCIES

NOTE 10 - COMMITMENTS AND CONTINGENCIES

 

Pursuant to our 40% equity investment in LEH Insurance Group LLC (“LEHIG”), on October 4, 2017, LEHIG based upon attaining certain benchmarks for booked insurance premiums through December 31, 2018, the seller of the LEHIG ownership may be entitled to an additional 1,000,000 shares of the Company’s  Series A Preferred Stock. As of October 31, 2017, the Company has not recorded a contingency for this event.

 

Pursuant to our 25% equity investment in 561 LLC ("561"), on October 4, 2017, if, on October 4, 2018, the Company's common stock has a closing bid price in excess of $5.00 per share, the sellers of 561 ownership shall be entitled to an additional 2,500,000 shares of the Company's Series A Preferred Stock. Additionally, at such time as the Company shall be the owner of record of no less than 40% of the member interests in each of 561 and it's affiliated Company, America Approved Commercial, LLC ("AAC"), the Sellers of 561 ownership shall be entitled to another 2,500,000 shares of the Company's Series A Preferred Stock. As of October 31, the Company has not made a contingency for these events.

 

Pursuant to our 25% equity investment in AAC, on October 4, 2017, if, on October 4, 2018, the Company's common stock has a closing bid price in excess of $5.00 per share, the sellers of the AAC ownership shall be entitled to an additional 2,500,000 shares of the Company's Series A Preferred Stock. Additionally, at such time as the Company shall be the owner of record of no less than 40% of the member interests in each of AAC and its affiliated company, 561, the sellers of AAC shall be entitled to another 2,500,000 shares of the Company's Series A Preferred Stock. As of October 31, the Company has not made a contingency for these events.

 

 

XML 27 R16.htm IDEA: XBRL DOCUMENT v3.8.0.1
NOTE 11 - SUBSEQUENT EVENTS
6 Months Ended
Oct. 31, 2017
Notes to Financial Statements  
NOTE 11 - SUBSEQUENT EVENTS

NOTE 11 - SUBSEQUENT EVENTS

 

Subsequent to October 31, 2017,

·the Company received $47,500 as share subscriptions for Series C Convertible Preferred Stock at $0.25 per share, and issued 190,000 shares of Series C Convertible Preferred Stock.
·On November 14, 2017, Sharing Services, Inc. (the “Company”) prepaid, in full, the convertible promissory note dated May 15, 2017 in the principal amount of Sixty-Three Thousand dollars ($63,000.00) (the “Note”) plus accrued interest and a prepayment penalty, for a total payment of $90,055.13. As a result of this payment, the Company has fully satisfied its obligations under the Note and the holder of the Note, Power Up Lending Group, Ltd., is no longer entitled to exercise its conversion rights under the Note.
·Effective November 27, 2017, Robert Oblon was elected a Director of the Company by unanimous vote of the holders of all issued and outstanding shares of Class B Common Stock of the Company, which pursuant to the Amended and Restated Articles of Incorporation of the Company, are entitled to elect a majority of the members of the Company’s Board of Directors. Mr. Oblon, as the control person of Alchemist Holdings LLC, voted all of its shares of Class B Common Stock in favor of his election to the Board of Directors. Subsequent thereto, also on November 27, 2017, the Board of Directors elected Mr. Oblon as Chairman of the Board of Directors. Mr. Oblon’s term as a Director shall be 3 years, until the Company’s Annual Meeting of Stockholders in 2020.
·The Company closed a financing transaction whereby the Company borrowed the sum of Fifty Thousand dollars ($50,000.00) from an accredited investor, Caye Island Ventures LLC (the “Lender”). The transaction involved (i) the issuance by the Company in favor of the Lender of a Convertible Promissory Note (the “Note”) in the principal amount of $50,000.00 and (ii) the entering into of a Securities Purchase Agreement by the Company and the Lender (the “SPA”). The Note accrues interest at the rate of Twelve percent (12%) per annum with the principal amount and all accrued interest being due and payable on November 13, 2018. At the option of the Lender, the Note is convertible into shares of the Company’s common stock at any time following 180 days from its issuance. The foregoing description of the Note and the accompanying SPA, both dated November 13, 2017, is a summary only and is qualified in its entirety by the full text of the Note and SPA, which are filed as Exhibits 1.1 and 1.2 hereto, respectively, and incorporated herein by reference.

 

 

XML 28 R17.htm IDEA: XBRL DOCUMENT v3.8.0.1
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)
6 Months Ended
Oct. 31, 2017
Summary Of Significant Accounting Policies Policies  
Basis of Presentation

Basis of Presentation

 

The preparation of financial statements in conformity with accounting principles generally accepted in the United States (“GAAP”) requires management to make estimates and assumptions that affect (i) the reported amounts of assets and liabilities, (ii) the disclosure of contingent assets and liabilities known to exist as of the date the financial statements are published, and (iii) the reported amount of net revenues and expenses recognized during the periods presented. Adjustments made with respect to the use of estimates often relate to improved information not previously available.

 

Uncertainties with respect to such estimates and assumptions are inherent in the preparation of financial statements; accordingly, actual results could differ from these estimates.

 

In managements’ opinion, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included.

 

Use of Estimates and Assumptions

Use of Estimates and Assumptions

 

The preparation of financial statements in accordance with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates include assumptions about the valuation and recognition of stock-based compensation expense, the valuation and recognition of derivative liability, valuation allowance for deferred tax assets and useful life of fixed assets.

 

Principles of Consolidation

Principles of Consolidation

 

For October 31, 2017, the unaudited consolidated financial statements of the Company include the accounts of the Company and its wholly owned subsidiaries, Total Travel Media, Inc. and Four Oceans Holding, Inc. All significant intercompany balances and transactions have been eliminated in consolidation.

 

Cash and cash equivalents

Cash and cash equivalents

 

Cash and cash equivalents include cash on hand and on deposit at banking institutions as well as all highly liquid short-term investments with original maturities of 90 days or less. As of October 31, 2017, the Company had cash and cash equivalents of $69,483

 

Fair value measurements

Fair value measurements

 

Fair value is defined as the price that the Company would receive to sell an investment or pay to transfer a liability in a timely transaction with an independent counter-party in the principal market or in the absence of a principal market, the most advantageous market for the investment or liability. A three-tier hierarchy is established to distinguish between (1) inputs that reflect the assumptions market participants would use in pricing an asset or liability developed based on market data obtained from sources independent of the reporting entity (observable inputs) and (2) inputs that reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing an asset or liability developed based on the best information available in the circumstances (unobservable inputs); and establishes a classification of fair value measurements for disclosure purposes.

 

The hierarchy is summarized in the three broad levels listed below:

 

Level 1 - quoted prices in active markets for identical assets and liabilities
Level 2 - other significant observable inputs (including quoted prices for similar assets and liabilities, interest rates, credit risk, etc.)
Level 3 - significant unobservable inputs (including the Company’s own assumptions in determining the fair value of assets and liabilities).

 

In accordance with Accounting Standards Codification (“ASC”) 815, the Company’s debt derivative liabilities are measured at fair value on a recurring basis, and are level 3 measurements in the three-tier fair value hierarchy.

 

There were no transfers between the levels of the fair value hierarchy during the period of inception (May 5, 2017) to October 31, 2017.

 

Fair value of financial instruments

Fair value of financial instruments

 

The Company’s financial instruments consist primarily of cash, accounts payable and accrued expenses, and debt. The carrying amounts of such financial instruments approximate their respective estimated fair value due to the short-term maturities and approximate market interest rates of these instruments.

 

The following table summarizes fair value measurements by level at October 31, 2017 measured at fair value on a recurring basis:

 

      Level 1   Level 2   Level 3   Total
Liabilities                  
Derivative liabilities   $                   -     $            -     $       1,362,940  $       1,362,940

 

Related Parties

Related Parties

 

The Company follows ASC 850, “Related Party Disclosures,” for the identification of related parties and disclosure of related party transactions (see Note 8).

 

Long-Lived Assets

Long-Lived Assets

 

Long-lived assets are evaluated for impairment whenever events or changes in business circumstances indicate that the carrying amount of the assets may not be fully recoverable or that the useful lives of these assets are no longer appropriate. Each impairment test is based on a comparison of the undiscounted future cash flows to the recorded value of the asset. If impairment is indicated, the asset is written down to its estimated fair value.

Property and Equipment

Property and Equipment

 

Property, plant and equipment is recorded at cost reduced by accumulated depreciation. Depreciation expense is recognized over the assets’ estimated useful lives using the straight-line method. Estimated useful lives of the equipment are as follows:

 

Office equipment - 5 years

 

Estimated useful lives are periodically reviewed and, when appropriate, changes are made prospectively. When certain events or changes in operating conditions occur, asset lives may be adjusted and an impairment assessment may be performed on the recoverability of the carrying amounts.

 

Share-Based Expense

Share-Based Expense

 

ASC 718, “Compensation - Stock Compensation,” prescribes accounting and reporting standards for all share-based payment transactions in which employee services are acquired. Transactions include incurring liabilities, or issuing or offering to issue shares, options, and other equity instruments such as employee stock ownership plans and stock appreciation rights. Share-based payments to employees, including grants of employee stock options, are recognized as compensation expense in the financial statements based on their fair values. That expense is recognized over the period during which an employee is required to provide services in exchange for the award, known as the requisite service period (usually the vesting period).

 

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

 

Share-based expense totaled $1,308,948 for the period from inception (May 5, 2017) to October 31, 2017.

 

Advertising Costs

Advertising Costs

 

The Company follows ASC 720, “Advertising Costs,” and expenses costs as incurred. Advertising and marketing expense totaled $694,207 for the period from inception (May 5, 2017) to October 31, 2017.

 

Income Taxes

Income Taxes

 

The Company utilizes the asset and liability method in accounting for income taxes. Under this method, deferred tax assets and liabilities are recognized for operating loss and tax credit carry-forwards and for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the year 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 the results of operations in the period that includes the enactment date. A valuation allowance is recorded to reduce the carrying amounts of deferred tax assets unless it is more likely than not that the value of such assets will be realized.

 

The Company uses the two-step approach to recognizing and measuring uncertain tax positions. The first step is to evaluate the tax position for recognition by determining if the weight of available evidence indicates it is more likely than not, that the position will be sustained on audit, including resolution of related appeals or litigation processes, if any. The second step is to measure the tax benefit as the largest amount, which is more than 50% likely of being realized upon ultimate settlement. The Company considers many factors when evaluating and estimating the Company's tax positions and tax benefits, which may require periodic adjustments. At October 31, 2017, the Company did not record any liabilities for uncertain tax positions.

 

Basic and Diluted Net Loss per Common Share

Basic and Diluted Net Loss per Common Share

 

Basic income (loss) per share is computed by dividing net income (loss) available to common shareholders by the weighted average number of common shares outstanding during the reporting period. The weighted average number of shares is calculated by taking the number of shares outstanding and weighting them by the amount of time that they were outstanding. Diluted earnings per share reflects the potential dilution that could occur if stock options, warrants, and other commitments to issue common stock were exercised or equity awards vest resulting in the issuance of common stock that could share in the earnings of the Company. There were convertible notes and accrued interest for approximately $245,630 and 95,664,540 convertible preferred shares issued by the Company during the period ended October 31, 2017. Potential dilutive instruments as at October 31, 2017, consisted of the following common share equivalents:

 

    October 31, 2017
Convertible notes     3,891,119
Convertible preferred shares     95,664,540
      99,555,659

 

 

Diluted loss per share is the same as basic loss per share during periods where net losses are incurred since the inclusion of the potential common stock equivalents would be anti-dilutive as a result of the net loss.

 

Convertible notes

Convertible notes

 

Convertible notes are regarded as compound instruments, consisting of a liability component and an equity component. The component parts of compound instruments are classified separately as financial liabilities and equity in accordance with the substance of the contractual arrangement. At the date of issue, the fair value of the liability component is estimated using the prevailing market interest rate for a similar non-convertible instrument. This amount is recorded as a liability on an amortized cost basis until extinguished upon conversion or at the instrument’s maturity date. The equity component is determined by deducting the amount of the liability component from the fair value of the compound instrument as a whole. This is recognized as additional paid-in capital and included in equity, net of income tax effects, and is not subsequently remeasured. After initial measurement, they are carried at amortized cost using the effective interest method.

 

Recently Issued Accounting Standards

Recently Issued Accounting Standards

 

In September 2017, the FASB has issued Accounting Standards Update (ASU) No. 2017-13, “Revenue Recognition (Topic 605), Revenue from Contracts with Customers (Topic 606), Leases (Topic 840), and Leases (Topic 842): Amendments to SEC Paragraphs Pursuant to the Staff Announcement at the July 20, 2017 EITF Meeting and Rescission of Prior SEC Staff Announcements and Observer Comments.” The amendments in ASU No. 2017-13 amends the early adoption date option for certain companies related to the adoption of ASU No. 2014-09 and ASU No. 2016-02. Both of the below entities may still adopt using the public company adoption guidance in the related ASUs, as amended. The effective date is the same as the effective date and transition requirements for the amendments for ASU 2014-09 and ASU 2016-02.

 

In February 2017, the FASB has issued Accounting Standards Update (ASU) No. 2017-05, “Other Income - Gains and Losses from the Derecognition of Nonfinancial Assets (Subtopic 610-20): Clarifying the Scope of Asset Derecognition Guidance and Accounting for Partial Sales of Nonfinancial Assets.” The amendments clarify that a financial asset is within the scope of Subtopic 610-20 if it meets the definition of an in substance nonfinancial asset. The amendments also define the term in substance nonfinancial asset. The amendments clarify that nonfinancial assets within the scope of Subtopic 610-20 may include nonfinancial assets transferred within a legal entity to a counterparty. For example, a parent may transfer control of nonfinancial assets by transferring ownership interests in a consolidated subsidiary. A contract that includes the transfer of ownership interests in one or more consolidated subsidiaries is within the scope of Subtopic 610-20 if substantially all of the fair value of the assets that are promised to the counterparty in a contract is concentrated in nonfinancial assets. The amendments clarify that an entity should identify each distinct nonfinancial asset or in substance nonfinancial asset promised to a counterparty and derecognize each asset when a counterparty obtains control of it. Effective at the same time as the amendments in Update 2014-09, Revenue from Contracts with Customers (Topic 606). Therefore, public business entities, certain not-for-profit entities, and certain employee benefit plans should apply the amendments in this Update to annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Earlier application is permitted only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. All other entities should apply the amendments in this Update to annual reporting periods beginning after December 15, 2018, and interim periods within annual periods beginning after December 15, 2019. All other entities may apply the guidance earlier as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. All other entities also may apply the guidance earlier as of annual reporting periods beginning after December 15, 2016, and interim reporting periods within annual reporting periods beginning one year after the annual reporting period in which the entity first applies the guidance. An entity is required to apply the amendments in this Update at the same time that it applies the amendments in Update 2014-09. The Company is currently evaluating the potential impact this standard may have on its financial position and results of operations.

 

In January 2017, the FASB has issued Accounting Standards Update (ASU) No. 2017-04, “Intangibles - Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment.” These amendments eliminate Step 2 from the goodwill impairment test. The annual, or interim, goodwill impairment test is performed by comparing the fair value of a reporting unit with its carrying amount. An impairment charge should be recognized for the amount by which the carrying amount exceeds the reporting unit’s fair value; however, the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. In addition, income tax effects from any tax deductible goodwill on the carrying amount of the reporting unit should be considered when measuring the goodwill impairment loss, if applicable. The amendments also eliminate the requirements for any reporting unit with a zero or negative carrying amount to perform a qualitative assessment and, if it fails that qualitative test, to perform Step 2 of the goodwill impairment test. An entity still has the option to perform the qualitative assessment for a reporting unit to determine if the quantitative impairment test is necessary. Effective for public business entities that are a SEC filers for annual or any interim goodwill impairment tests in fiscal years beginning after December 15, 2019. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. ASU 2017-04 should be adopted on a prospective basis. The Company does not anticipate the adoption of ASU 2017-04 will have a material impact on its consolidated financial statements.

 

In January 2017, the FASB issued ASU No. 2017-01, “Business Combinations (Topic 805): Clarifying the Definition of a Business.” This new standard clarifies the definition of a business and provides a screen to determine when an integrated set of assets and activities is not a business. The screen requires that when substantially all of the fair value of the gross assets acquired (or disposed of) is concentrated in a single identifiable asset or a group of similar identifiable assets, the set is not a business. This new standard will be effective for the Company on January 1, 2018, however, early adoption is permitted with prospective application to any business development transaction.

 

Management has considered all recent accounting pronouncements issued. The Company’s management believes that these recent pronouncements will not have a material effect on the Company’s financial statements.

 

XML 29 R18.htm IDEA: XBRL DOCUMENT v3.8.0.1
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended
Oct. 31, 2017
Notes to Financial Statements  
Fair Value measurements by level
      Level 1   Level 2   Level 3   Total
Liabilities                  
Derivative liabilities   $                   -     $            -     $       1,362,940  $       1,362,940
Dilutive instruments
    October 31, 2017
Convertible notes     3,891,119
Convertible preferred shares     96,164,540 
      100,055,659 
XML 30 R19.htm IDEA: XBRL DOCUMENT v3.8.0.1
NOTE 3 - PROPERTY AND EQUIPMENT (Tables)
6 Months Ended
Oct. 31, 2017
Property, Plant and Equipment [Abstract]  
Property and Equipment
  October 31,
  2017
Office equipment $ 3,995 
Accumulated depreciation   (933)
Property and equipment, net $ 3,062 
XML 31 R20.htm IDEA: XBRL DOCUMENT v3.8.0.1
NOTE 5 - NOTES PAYABLE (Tables)
6 Months Ended
Oct. 31, 2017
Debt Disclosure [Abstract]  
Notes payable
   

July 31,

2017

 

Interest

Rate

    Maturity
Dated – March 20, 2017   $ 10,000   12%     March 18, 2018
Dated – May 4, 2017     10,000   12%     May 3, 2018
Dated – May 11, 2017     15,000   12%     May 10, 2017
Total notes payable     35,000          
Less: current portion of notes payable     35,000          
Long-term notes payable   -          
XML 32 R21.htm IDEA: XBRL DOCUMENT v3.8.0.1
NOTE 6 - CONVERTIBLE NOTES PAYABLE (Tables)
6 Months Ended
Oct. 31, 2017
Notes to Financial Statements  
Covertible notes payable
    October 31, 2017
Dated – May 15, 2017   $ 63,000 
Dated – June 20, 2015       38,000 
Dated - September 26, 2017     15,000 
Dated - October 10, 2017     100,000 
Total convertible notes payable     216,000 
Less: debt discount and deferred financing fees     (125,491)
      90,509 
Less: current portion of convertible notes payable     90,509 
Long-term convertible notes payable   $
XML 33 R22.htm IDEA: XBRL DOCUMENT v3.8.0.1
NOTE 7 - DERIVATIVE LIABILITIES (Tables)
6 Months Ended
Oct. 31, 2017
Notes to Financial Statements  
Weighted average Black Sholes assumptions
     

Date of Inception

(May 5, 2017) to

     

October 31,

2017

Expected term      0.31 – 1.00 year
Expected average volatility      126% - 330%
Expected dividend yield                            -   
Risk-free interest rate      0.99% - 1.34%
Fair Value measurments
Fair Value Measurements Using Significant Observable Inputs (Level 3)
Balance - May 5, 2017   $
Acquisition of derivative liability on reverse acquisition     93,349 
Addition of new derivatives recognized as debt discounts     147,000 
Addition of new derivatives recognized as loss on derivatives     2,099,349 
(Gain) on change in fair value of the derivative     (976,758)
Balance - October 31, 2017   $ 1,362,940 
Loss (gain) on derivative liability
Day one loss due to derivative liabilities on convertible notes payable   $ 2,099,349 
(Gain) Loss on change in fair value of the derivative     (976,758)
Loss on change in fair value of derivative liabilities   $ 1,122,591 
XML 34 R23.htm IDEA: XBRL DOCUMENT v3.8.0.1
NOTE 1 - NATURE OF OPERATIONS AND BASIS OF PRESENTATION (Details Narrative) - USD ($)
Oct. 31, 2017
Apr. 30, 2017
Notes to Financial Statements    
Accumulated deficit $ (3,377,383) $ 3,377,383
Total Stockholders' Deficit $ 432,388 $ 1,577,862
XML 35 R24.htm IDEA: XBRL DOCUMENT v3.8.0.1
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)
Oct. 31, 2017
shares
Notes to Financial Statements  
Convertible notes 3,891,119
Convertible preferred shares 95,664,540
Potential dilutive instruments 99,555,659
XML 36 R25.htm IDEA: XBRL DOCUMENT v3.8.0.1
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)
6 Months Ended
Oct. 31, 2017
USD ($)
Summary Of Significant Accounting Policies Details Narrative  
Cash $ 69,483
Office Equipment estimated useful life 5 years
Share based expense $ 1,308,948
Advertising and marketing expense 694,207
convertible notes and accrued interest $ 245,630
XML 37 R26.htm IDEA: XBRL DOCUMENT v3.8.0.1
NOTE 3 - PROPERTY AND EQUIPMENT (Details) - USD ($)
6 Months Ended
Oct. 31, 2017
Apr. 30, 2017
Property, Plant and Equipment [Abstract]    
Office equipment   $ 3,995
Accumulated depreciation $ (933)  
Property and equipment, net   $ 3,062
XML 38 R27.htm IDEA: XBRL DOCUMENT v3.8.0.1
NOTE 9 - STOCKHOLDERS' DEFICIT (Details Narrative) - USD ($)
2 Months Ended 4 Months Ended
Jun. 21, 2017
May 22, 2017
May 19, 2017
Sep. 22, 2017
Sep. 11, 2017
Jun. 20, 2017
May 23, 2017
May 21, 2017
May 18, 2017
Apr. 19, 2017
Acquisition for stock, percent of company   24.00%                
Series A Preferred stock issued in acquisition               5,628,750    
Cash paid for acquisition   $ 100,000                
Class B Common stock issued in acquisition             10,000,000      
Class B Preferred stock issued in acquisition             10,000,000      
Preferred Series C shares issued, shares       720,000 1,630,000          
Preferred Series C shares issued, price per share       $ .25 $ 0.25          
Preferred Series C shares issued, net proceeds       $ 203,000 $ 407,500          
Preferred Series C shares issued for services                   10,000
Preferred Series C shares to be issued for services                   10,000
Notes Payable 3                    
Note payable                 $ 63,000  
Interest rate of note                 12.00%  
Conversion to equity percent of trading price     39.00%              
Convertible duration     180 days              
Notes Payable 4                    
Note payable           $ 38,000        
Interest rate of note           12.00%        
Conversion to equity percent of trading price 39.00%                  
Convertible duration 180 days                  
XML 39 R28.htm IDEA: XBRL DOCUMENT v3.8.0.1
NOTE 11 - SUBSEQUENT EVENTS (Details Narrative) - USD ($)
2 Months Ended 4 Months Ended
May 22, 2017
Sep. 22, 2017
Sep. 11, 2017
May 23, 2017
May 21, 2017
Apr. 19, 2017
Notes to Financial Statements            
Acquisition for stock, percent of company 24.00%          
Series A Preferred stock issued in acquisition         5,628,750  
Cash paid for acquisition $ 100,000          
Class B Common stock issued in acquisition       10,000,000    
Class B Preferred stock issued in acquisition       10,000,000    
Preferred Series C shares issued, shares   720,000 1,630,000      
Preferred Series C shares issued, price per share   $ .25 $ 0.25      
Preferred Series C shares issued, net proceeds   $ 203,000 $ 407,500      
Preferred Series C shares issued for services           10,000
Preferred Series C shares to be issued for services           10,000
EXCEL 40 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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end XML 41 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.4.0.3 * */ var Show = {}; Show.LastAR = null, Show.hideAR = function(){ Show.LastAR.style.display = 'none'; }; Show.showAR = function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }; Show.toggleNext = function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }; XML 42 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 44 FilingSummary.xml IDEA: XBRL DOCUMENT 3.8.0.1 html 16 148 1 false 2 0 false 4 false false R1.htm 00000001 - Document - Document and Entity Information Sheet http://shrv/role/DocumentAndEntityInformation Document and Entity Information Cover 1 false false R2.htm 00000002 - Statement - BALANCE SHEETS Sheet http://shrv/role/CondensedBalanceSheets BALANCE SHEETS Statements 2 false false R3.htm 00000003 - Statement - BALANCE SHEETS (Parenthetical) Sheet http://shrv/role/CondensedBalanceSheetsParenthetical BALANCE SHEETS (Parenthetical) Statements 3 false false R4.htm 00000004 - Statement - STATEMENT OF OPERATIONS Sheet http://shrv/role/CondensedStatementOfOperations STATEMENT OF OPERATIONS Statements 4 false false R5.htm 00000005 - Statement - STATEMENTS OF CASH FLOWS Sheet http://shrv/role/CondensedStatementOfCashFlows STATEMENTS OF CASH FLOWS Statements 5 false false R6.htm 00000006 - Disclosure - NOTE 1 - NATURE OF OPERATIONS AND BASIS OF PRESENTATION Sheet http://shrv/role/Note1-NatureOfOperationsAndBasisOfPresentation NOTE 1 - NATURE OF OPERATIONS AND BASIS OF PRESENTATION Notes 6 false false R7.htm 00000007 - Disclosure - NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Sheet http://shrv/role/Note2-SummaryOfSignificantAccountingPolicies NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Notes 7 false false R8.htm 00000008 - Disclosure - NOTE 3 - PROPERTY AND EQUIPMENT Sheet http://shrv/role/Note3-PropertyAndEquipment NOTE 3 - PROPERTY AND EQUIPMENT Notes 8 false false R9.htm 00000009 - Disclosure - NOTE 4 - EQUITY INVESTMENTS Sheet http://shrv/role/Note4-EquityInvestments NOTE 4 - EQUITY INVESTMENTS Notes 9 false false R10.htm 00000010 - Disclosure - NOTE 5 - NOTES PAYABLE Notes http://shrv/role/Note5-NotesPayable NOTE 5 - NOTES PAYABLE Notes 10 false false R11.htm 00000011 - Disclosure - NOTE 6 - CONVERTIBLE NOTES PAYABLE Notes http://shrv/role/Note6-ConvertibleNotesPayable NOTE 6 - CONVERTIBLE NOTES PAYABLE Notes 11 false false R12.htm 00000012 - Disclosure - NOTE 7 - DERIVATIVE LIABILITIES Sheet http://shrv/role/Note7-DerivativeLiabilities NOTE 7 - DERIVATIVE LIABILITIES Notes 12 false false R13.htm 00000013 - Disclosure - NOTE 8 - RELATED PARTY CONSIDERATIONS Sheet http://shrv/role/Note8-RelatedPartyConsiderations NOTE 8 - RELATED PARTY CONSIDERATIONS Notes 13 false false R14.htm 00000014 - Disclosure - NOTE 9 - STOCKHOLDERS' DEFICIT Sheet http://shrv/role/Note9-StockholdersDeficit NOTE 9 - STOCKHOLDERS' DEFICIT Notes 14 false false R15.htm 00000015 - Disclosure - NOTE 10 - COMMITMENTS AND CONTINGENCIES Sheet http://shrv/role/Note10-CommitmentsAndContingencies NOTE 10 - COMMITMENTS AND CONTINGENCIES Notes 15 false false R16.htm 00000016 - Disclosure - NOTE 11 - SUBSEQUENT EVENTS Sheet http://shrv/role/Note11-SubsequentEvents NOTE 11 - SUBSEQUENT EVENTS Notes 16 false false R17.htm 00000017 - Disclosure - NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies) Sheet http://shrv/role/Note2-SummaryOfSignificantAccountingPoliciesPolicies NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies) Policies 17 false false R18.htm 00000018 - Disclosure - NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) Sheet http://shrv/role/Note2-SummaryOfSignificantAccountingPoliciesTables NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) Tables http://shrv/role/Note2-SummaryOfSignificantAccountingPolicies 18 false false R19.htm 00000019 - Disclosure - NOTE 3 - PROPERTY AND EQUIPMENT (Tables) Sheet http://shrv/role/Note3-PropertyAndEquipmentTables NOTE 3 - PROPERTY AND EQUIPMENT (Tables) Tables http://shrv/role/Note3-PropertyAndEquipment 19 false false R20.htm 00000020 - Disclosure - NOTE 5 - NOTES PAYABLE (Tables) Notes http://shrv/role/Note5-NotesPayableTables NOTE 5 - NOTES PAYABLE (Tables) Tables http://shrv/role/Note5-NotesPayable 20 false false R21.htm 00000021 - Disclosure - NOTE 6 - CONVERTIBLE NOTES PAYABLE (Tables) Notes http://shrv/role/Note6-ConvertibleNotesPayableTables NOTE 6 - CONVERTIBLE NOTES PAYABLE (Tables) Tables http://shrv/role/Note6-ConvertibleNotesPayable 21 false false R22.htm 00000022 - Disclosure - NOTE 7 - DERIVATIVE LIABILITIES (Tables) Sheet http://shrv/role/Note7-DerivativeLiabilitiesTables NOTE 7 - DERIVATIVE LIABILITIES (Tables) Tables http://shrv/role/Note7-DerivativeLiabilities 22 false false R23.htm 00000023 - Disclosure - NOTE 1 - NATURE OF OPERATIONS AND BASIS OF PRESENTATION (Details Narrative) Sheet http://shrv/role/Note1-NatureOfOperationsAndBasisOfPresentationDetailsNarrative NOTE 1 - NATURE OF OPERATIONS AND BASIS OF PRESENTATION (Details Narrative) Details http://shrv/role/Note1-NatureOfOperationsAndBasisOfPresentation 23 false false R24.htm 00000024 - Disclosure - NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) Sheet http://shrv/role/Note2-SummaryOfSignificantAccountingPoliciesDetails NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) Details http://shrv/role/Note2-SummaryOfSignificantAccountingPoliciesTables 24 false false R25.htm 00000025 - Disclosure - NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) Sheet http://shrv/role/Note2-SummaryOfSignificantAccountingPoliciesDetailsNarrative NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) Details http://shrv/role/Note2-SummaryOfSignificantAccountingPoliciesTables 25 false false R26.htm 00000026 - Disclosure - NOTE 3 - PROPERTY AND EQUIPMENT (Details) Sheet http://shrv/role/Note3-PropertyAndEquipmentDetails NOTE 3 - PROPERTY AND EQUIPMENT (Details) Details http://shrv/role/Note3-PropertyAndEquipmentTables 26 false false R27.htm 00000035 - Disclosure - NOTE 9 - STOCKHOLDERS' DEFICIT (Details Narrative) Sheet http://shrv/role/Note9-StockholdersDeficitDetailsNarrative NOTE 9 - STOCKHOLDERS' DEFICIT (Details Narrative) Details http://shrv/role/Note9-StockholdersDeficit 27 false false R28.htm 00000037 - Disclosure - NOTE 11 - SUBSEQUENT EVENTS (Details Narrative) Sheet http://shrv/role/Note11-SubsequentEventsDetailsNarrative NOTE 11 - SUBSEQUENT EVENTS (Details Narrative) Details http://shrv/role/Note11-SubsequentEvents 28 false false All Reports Book All Reports shrv-20171031.xml shrv-20171031.xsd shrv-20171031_cal.xml shrv-20171031_def.xml shrv-20171031_lab.xml shrv-20171031_pre.xml http://xbrl.sec.gov/dei/2014-01-31 http://fasb.org/us-gaap/2017-01-31 true true ZIP 46 0001469709-17-000316-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001469709-17-000316-xbrl.zip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end