0001599916-21-000085.txt : 20210512 0001599916-21-000085.hdr.sgml : 20210512 20210512152230 ACCESSION NUMBER: 0001599916-21-000085 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 25 CONFORMED PERIOD OF REPORT: 20210331 FILED AS OF DATE: 20210512 DATE AS OF CHANGE: 20210512 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Road Marshall, Inc. CENTRAL INDEX KEY: 0001657249 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 333-208472 FILM NUMBER: 21914852 BUSINESS ADDRESS: STREET 1: 194 PANDAN LOOP #05-08 CITY: SINGAPORE STATE: U0 ZIP: 128383 BUSINESS PHONE: 65-66848088 MAIL ADDRESS: STREET 1: 194 PANDAN LOOP #05-08 CITY: SINGAPORE STATE: U0 ZIP: 128383 10-Q 1 rmq2_2021.htm 10-Q

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 March 31, 2021

OR  

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

For the transition period from to

COMMISSION FILE NUMBER: 333-208472

Road Marshall, Inc.

(Exact name of registrant as specified in its charter)

 

     
Delaware   00-0000000

(State or other jurisdiction

of incorporation or organization)

 

(I.R.S. Employer

Identification No.)

   
194 Pandan Loop #05-08 Singapore   128383
(Address of principal executive offices)   (Zip Code)

 

N/A

(Former name if changed since last report)

 

Indicate by check mark whether the registrant (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the preceding 12 months (or for such shorter period that the 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 (Section 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). [X]Yes [ ] No

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

 

Large accelerated filer  ☐   Accelerated filer  ☐   Non-accelerated filer  ☒
Smaller reporting company  ☒   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

 

State the number of shares outstanding of each of the issuer’s classes of common equity, as of May 12, 2021: 20,000,000 shares of common stock.

 

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TABLE OF CONTENTS 

Road Marshall, Inc.

INDEX 

 

PART I-FINANCIAL INFORMATION

       
ITEM 1   FINANCIAL STATEMENTS F1
   
Balance Sheets at March 31, 2021 (unaudited) and September 30, 2020 F1
   
Statements of Operations for the Three and Six Months ended March 31, 2021 and 2020 (unaudited) F2
   
Statement of Changes in Stockholders’ Equity for the Six Months ended March 31, 2021 (unaudited) F3
   
Statement of Changes in Stockholders’ Equity for the Six Months ended March 31, 2020 (unaudited) F4
   
Statements of Cash Flows for the Six Months ended March 31, 2021 and 2020 (unaudited) F5
   
Notes to Unaudited Financial Statements F6
     
ITEM 2   MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 3
     
ITEM 3   QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK 4
     
ITEM 4   CONTROLS AND PROCEDURES 4
 
PART II-OTHER INFORMATION
     
ITEM 1   LEGAL PROCEEDINGS 4
       
ITEM 1A   RISK FACTORS  
     
ITEM 2   UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS 4
     
ITEM 3   DEFAULTS UPON SENIOR SECURITIES 4
     
ITEM 4   MINE SAFETY DISCLOSURES 4
     
ITEM 5   OTHER INFORMATION 4
     
ITEM 6   EXHIBITS 5
   
SIGNATURES 6

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Table of Contents 

PART I - FINANCIAL INFORMATION

ITEM 1 FINANCIAL STATEMENTS

Road Marshall, Inc.

BALANCE SHEETS

 

           

March

31, 2021

(Unaudited)

   

September

30, 2020

ASSETS    
     Cash and cash equivalents      $         8,000   $           8,000
TOTAL ASSETS   $        8,000   $ 8,000
                   
LIABILITIES AND STOCKHOLDERS’ EQUITY          
  CURRENT LIABILITIES:            
    Accrued expenses    $ 2,500    $           3,748
  Total Current Liabilities     2,500               3,748
                   
  STOCKHOLDERS' EQUITY :            
    Preferred stock ($.0001 par value, 20,000,000 shares authorized; 100,000 issued and outstanding as of March 31, 2021 and September 30, 2020)                    10                     10
    Common stock ($.0001 par value, 500,000,000 shares authorized, 20,000,000 shares issued and outstanding as of March 31, 2021 and September 30, 2020)                2,000               2,000
    Additional paid in capital             203,618                  186,205
    Stock subscription receivable            (25,000)                  (25,000)
    Accumulated deficit            (175,128)              (158,963)
  Total Stockholders' Equity              5,500     4,252
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY   $ 8,000   $ 8,000

 

See Accompanying Notes to Unaudited Financial Statements. 

 

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Road Marshall, Inc.

STATEMENTS OF OPERATIONS

(UNAUDITED) 

 

   

Three Months Ended

March 31, 2021

 

Three Months Ended

March 31, 2020

 

 

 

 

Six Months Ended

March 31, 2021

 

 

 

Six Months Ended

March 31, 2020

Operating Expenses                
General and administrative expenses $  8,230  $ 8,230 $              16,165 $                  16,710
Total Operating Expenses   8,230     8,230              16,165              16,710
                 
Net Loss $ (8,230) $ (8,230) $      (16,165) $ (16,710)
Net loss per common share - Basic and Diluted $ (0.00) $ (0.00) $

 

(0.00)

$

 

(0.00)

                 
Weighted average number of common shares outstanding   20,000,000   20,000,000            20,000,000   20,000,000

 

See Accompanying Notes to Unaudited Financial Statements.

 

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ROAD MARSHALL, INC. 

STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY

FOR THE SIX MONTHS ENDED MARCH 31, 2021

(UNAUDITED)

  

  Preferred Shares   Par Value Preferred Shares Common Shares   Par Value Common Shares    Subscription Receivable   Additional Paid-in Capital   Accumulated Deficit   Total  
                               
Balances, September 30, 2020   100,000 $ 10 20,000,000 $ 2,000 $ (25,000) $ 186,205 $ (158,693) $ 4,252  
Contribution by shareholder -   - -   -   -   11,683   -   11,683  
Net loss -   - -   -   -    -   (7,935)   (7,935)  
Balances, December 31, 2020  100,000 $ 10 20,000,000 $ 2,000 $ (25,000) $ 197,888 $ (166,898) $ 8,000  
Contribution by shareholder -   - -   -   -   5,730   -   5,730  
Net loss -   - -   -   -   -   (8,230)   (8,230)  
Balances, March 31, 2021 100,000 $ 10 20,000,000 $  2,000  $ (25,000) $  203,618 $ (175,128) $   5,500   

 

See Accompanying Notes to Unaudited Financial Statements.

 

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ROAD MARSHALL, INC. 

STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY

FOR THE SIX MONTHS ENDED MARCH 31, 2020

(UNAUDITED)

 

  Preferred Shares   Par Value Preferred Shares Common Shares   Par Value Common Shares    Subscription Receivable   Additional Paid-in Capital   Accumulated Deficit   Total  
                               
Balances, September 30, 2019   100,000 $ 10 20,000,000 $ 2,000 $ (25,000) $ 159,198 $ (132,045) $ 4,163  
Contribution by shareholder -   - -   -   -    8,567   -   8,567  
Net loss -   - -   -   -   -    (8,480)   (8,480)  
Balances, December 31, 2019 100,000 $ 10 20,000,000 $ 2,000 $ (25,000) $ 167,765 $ (140,525) $ 4,250  
Contribution by shareholder -   - -   -   -    9,480    -   9,480   
Net loss -   - -   -   -   -    (8,230)   (8,230)  
Balances, March 31, 2020 100,000 $ 10 20,000,000 $ 2,000  $ (25,000) $ 177,245 $ (148,755) $ 5,500  

 

See Accompanying Notes to Unaudited Financial Statements. 

 

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Road Marshall, Inc.

STATEMENTS OF CASH FLOWS

(UNAUDITED) 

 

       

 For the Six

Months Ended March 31, 2021 

   

 

For the Six

Months Ended March 31, 2020

               
  CASH FLOWS FROM OPERATING ACTIVITIES          
  Net loss $ (16,165)   $ (16,710)
  Adjustments to reconcile net loss to net cash provided by operating activities:          
  Changes in operating assets and liabilities          
    Accrued expenses   16,165     16,710
  Net cash provided by operating activities   -     -
               
    Net Change in Cash and Cash equivalents   -     -
    Cash and cash equivalents at beginning of period:   8,000     8,000
    Cash and cash equivalents at end of period: $ 8,000   $ 8,000
               
  SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:          
  Interest paid $ -   $ -
  Income taxes paid $ -   $ -
  NON - CASH INVESTING AND FINANCIAL ACTIVITIES:           
 

Operation expenses and accrued expense paid by

shareholder

$ 17,413   $ 18,047 

 

See Accompanying Notes to Unaudited Financial Statements.

 

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Road Marshall, Inc.

NOTES TO UNAUDITED FINANCIAL STATEMENTS

For the period ENDED mARCH 31, 2021

(UNAUDITED) 

 

NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS

 

Road Marshall, Inc. (the “Company”) was incorporated under the laws of the State of Delaware on September 17, 2015. Road Marshall, Inc. is a technology company engaged in the development of a mobile application for iOS and Android devices.

 

The Company has elected September 30th as its year end.

 

Basis of Presentation

 

This summary of significant accounting policies is presented to assist in understanding the Company's financial statements. These accounting policies conform to accounting principles, generally accepted in the United States of America (“US GAAP”) and have been consistently applied in the preparation of the financial statements.

 

NOTE 2 - GOING CONCERN

 

The Company’s financial statements are prepared using accounting principles generally accepted in the United States of America applicable to a going concern that contemplates the realization of assets and liquidation of liabilities in the normal course of business.

 

The Company demonstrates adverse conditions that raise substantial doubt about the Company's ability to continue as a going concern for one year following the issuance of these financial statements. These adverse conditions are negative financial trends, specifically recurring operating losses, accumulated deficit and other adverse key financial ratios.

 

The Company did not generate any revenue during the six months ended March 31, 2021. Management plans to fund operating expenses with related party contributions. There is no assurance that management's plan will be successful.

 

The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts and classification of liabilities that might be necessary if the Company cannot continue as a going concern.

 

NOTE 3 - RELATED-PARTY TRANSACTIONS

 

Contributions

 

During the six months ended March 31, 2021 and 2020, operating expenses and accrued expenses in the amount of $17,413 and $18,047 were paid by CEO, Engchoon Peh, on behalf of the Company, which are considered contributions to capital and recorded as additional paid in capital due to the fact that the CEO does not require repayment from the Company.

 

Office furnished by related party

 

The Company’s executive office is located at 194 Pandan Loop #05-08, Singapore. This office is furnished to the Company by its CEO at no charge. 

 

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ITEM 2 MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

 

FORWARD LOOKING STATEMENTS

 

This Quarterly Report of Road Marshall, Inc. on Form 10-Q contains forward-looking statements, particularly those identified with the words, “anticipates,” “believes,” “expects,” “plans,” “intends,” “objectives,” and similar expressions. These statements reflect management's best judgment based on factors known at the time of such statements. The reader may find discussions containing such forward-looking statements in the material set forth under “Management's Discussion and Analysis of Financial Condition and Results of Operations,” generally, and specifically therein under the captions “Liquidity and Capital Resources” as well as elsewhere in this Quarterly Report on Form 10-Q. Actual events or results may differ materially from those discussed herein. The forward-looking statements specified in the following information have been compiled by our management on the basis of assumptions made by management and considered by management to be reasonable. Our future operating results, however, are impossible to predict and no representation, guarantee, or warranty is to be inferred from those forward-looking statements.

 

The assumptions used for purposes of the forward-looking statements specified in the following information represent estimates of future events and are subject to uncertainty as to possible changes in economic, legislative, industry, and other circumstances. As a result, the identification and interpretation of data and other information and their use in developing and selecting assumptions from and among reasonable alternatives require the exercise of judgment. To the extent that the assumed events do not occur, the outcome may vary substantially from anticipated or projected results, and, accordingly, no opinion is expressed on the achievability of those forward-looking statements. No assurance can be given that any of the assumptions relating to the forward-looking statements specified in the following information are accurate, and we assume no obligation to update any such forward-looking statements.

 

CRITICAL ACCOUNTING POLICIES AND ESTIMATES

 

We prepare our financial statements in conformity with GAAP, which requires management to make certain estimates and apply judgments. We base our estimates and judgments on historical experience, current trends and other factors that management believes to be important at the time the financial statements are prepared. Due to the need to make estimates about the effect of matters that are inherently uncertain, materially different amounts could be reported under different conditions or using different assumptions. On a regular basis, we review our critical accounting policies and how they are applied in the preparation of our financial statements.

 

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

 

PLAN OF OPERATION

 

Road Marshall, Inc. is a company with the intent to become one of the, if not the primary, leading publicly traded iOS and Android application development and promotion companies in the industry. Our proprietary application is called Road Marshall. Road Marshall is an application which will be invaluable to its users in the event of car trouble and should revolutionize the way tow truck companies are found within the United States, and eventually around the world.

 

It is worth noting that we expect our application Road Marshall will be free to download and use on iOS, but will not be available on the Android store temporarily. The Company intends to monetize the mobile application through third party advertisements during the 2021 fiscal year. These advertisements could include, but not strictly be limited to, their products, services, and or other mobile applications that are not in direct competition to our own (such as application games for example). At this point in time there are no agreements in place with any specific advertisers, and our plan to monetize our application through advertisements remains in the planning stages.

 

We will only begin monetizing the application through advertisements when the application has gained a larger user base. We believe that when a sufficient user base has been achieved then the addition of unobtrusive advertisements will not materially impact the number of users who utilize Road Marshall. There is also the possibility that Road Marshall may insert “in app” purchases whereby a user can purchase upgraded services or products within the app. However, this is speculative and is only mentioned as a possibility down the line if we are not generating sufficient revenue from the use of advertisements alone. At present, no definitive plans are in place for any “in app” purchases.

RESULTS OF OPERATIONS

  

For the three months ended March 31, 2021 and 2020 

 

We generated $0 in revenue for the three months ended March 31, 2021 and 2020. Our operating expenses were $8,230 and $8,230 for the three months ended March 31, 2021 and 2020, respectively. Operating expenses were solely general and administrative in nature, consisting primarily of professional and consulting fees. Our net loss for the three-month period ended March 31, 2021 and 2020 were $8,230 and $8,230, respectively.

 

For the six months ended March 31, 2021 and 2020 

 

We generated $0 in revenue for the six months ended March 31, 2021 and 2020. Our operating expenses were $16,165 and $16,710 for the six months ended March 31, 2021 and 2020, respectively. Operating expenses were solely general and administrative in nature, consisting primarily of professional and consulting fees. Our net loss for the six-month period ended March 31, 2021 and 2020 were $16,165 and $16,710, respectively.

 

LIQUIDITY AND CAPITAL RESOURCES

We have no known demands or commitments and are not aware of any events or uncertainties as of March 31, 2021 that will result in or that are reasonably likely to materially increase or decrease our current liquidity.

 

We had no material commitments for capital expenditures as of March 31, 2021.

 

For future expenses we intend to be funded by our officers and directors until we can generate substantive revenues from our application, Road Marshall or from technical services provided to clients. There is a possibility that our officers and directors may not loan or provide us any such funds.

 

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OFF-BALANCE SHEET ARRANGEMENTS

 

The Company does not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on the Company’s financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that is material to investors.

 

ITEM 3 QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

As a “smaller reporting company” as defined by Item 10 of Regulation S-K, the Company is not required to provide the information required by this Item. 

 

ITEM 4

 

CONTROLS AND PROCEDURES

Evaluation of Disclosure Controls and Procedures

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

 

Our Principal Executive Officer and Principal Financial Officer evaluated the effectiveness of our disclosure controls and procedures as of March 31, 2021. Based on that evaluation, our Principal Executive Officer and Principal Financial Officer concluded that our disclosure controls and procedures as of the end of the period covered by this report were ineffective.

 

Changes in Internal Controls over Financial Reporting

There have been no significant changes to the Company’s internal controls over financial reporting that occurred during our last fiscal quarter ended March 31, 2021 that materially affected, or were reasonably likely to materially affect, our internal controls over financial reporting.

 

PART II - OTHER INFORMATION

 

Item 1 Legal Proceedings

 

There are not presently any material pending legal proceedings to which the Registrant is a party or as to which any of its property is subject, and no such proceedings are known to the Registrant to be threatened or contemplated against it.

  

Item 1A Risk Factors

 

There have been no material changes to the risk factors contained in our Form 10-K filed December 15, 2020.

 

Item 2 Unregistered Sales of Equity Securities

 

There have been no unregistered sales of equity securities in the period covered by this report.

 

Item 3 DEFAULTS UPON SENIOR SECURITIES

 

None.

 

Item 4 MINE SAFETY DISCLOSURES

 

Not applicable.

 

Item 5 Other Information

 

None.

  

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Item 6 Exhibits

 

Exhibit No.

 

Description

3.1   Certificate of Incorporation (1)
     
3.2   By-laws (1)
     
31   Certification of the Company’s Principal Executive and Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, with respect to the registrant’s report on Form 10-Q for the period ended March 31, 2021 (2)
   
32   Certification of the Company’s Principal Executive and Principal Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (2)
     
101.INS   XBRL Instance Document (3)
     
101.SCH   XBRL Taxonomy Extension Schema (3)
     
101.CAL   XBRL Taxonomy Extension Calculation Linkbase (3)
     
101.DEF   XBRL Taxonomy Extension Definition Linkbase (3)
     
101.LAB   XBRL Taxonomy Extension Label Linkbase (3)
     
101.PRE   XBRL Taxonomy Extension Presentation Linkbase (3)

 

(1) Filed as an exhibit to the Company's Registration Statement on Form S-1, as filed with the SEC on December 11, 2015 and incorporated herein by this reference.
(2) Filed herewith.
(3) Users of this data are advised that, pursuant to Rule 406T of Regulation S-T, these interactive data files are deemed not filed or part of a registration statement or Annual Report for purposes of Sections 11 or 12 of the Securities Act of 1933 or Section 18 of the Exchange Act of 1934 and otherwise are not subject to liability.

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Table of Contents

 

SIGNATURES

 

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

 

Road Marshall, Inc.

 

Dated: May 12, 2021

 

  By: /s/ Engchoon Peh
    Engchoon Peh,
Chief Executive Officer
(Principal Executive Officer), Director

 

 

  By: /s/ Guobao Bai
    Guobao Bai,
Chief Financial Officer
(Principal Financial Officer), Director

 

 

-6-

 

 

EX-31 2 ex31.htm EX-31

 

EXHIBIT 31.1

 

ROAD MARSHALL, INC.

OFFICER'S CERTIFICATE PURSUANT TO SECTION 302

 

I, Engchoon Peh, certify that:

 

1.   I have reviewed this Form 10-Q of Road Marshall, Inc.;

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

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

4. The small business issuer’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the small business issuer 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 small business issuer, 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 small business issuer'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 small business owner’s other certifying officer and I have disclosed, based on my most recent evaluation of internal control over financial reporting, to the small business issuer's auditors and the audit committee of the small issuer'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 small business issuer'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 small business issuer's internal control over financial reporting. 

 

Dated: May 12, 2021

 

By: /s/ Engchoon Peh

Engchoon Peh,

Chief Executive Officer

(Principal Executive Officer)

 

 

EXHIBIT 31.2

 

 

ROAD MARSHALL, INC.

OFFICER'S CERTIFICATE PURSUANT TO SECTION 302

 

I, Guobao Bai, certify that:

 

1.   I have reviewed this Form 10-Q of Road Marshall, Inc.;

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

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

4. The small business issuer’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the small business issuer 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 small business issuer, 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 small business issuer'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 small business owner’s other certifying officer and I have disclosed, based on my most recent evaluation of internal control over financial reporting, to the small business issuer's auditors and the audit committee of the small issuer'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 small business issuer'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 small business issuer's internal control over financial reporting. 

 

Dated: May 12, 2021

 

By: /s/ Guobao Bai

Guobao Bai,

Chief Financial Officer

(Principal Financial Officer)

EX-32 3 ex32.htm EX-32

EXHIBIT 32.1

 

 

ROAD MARSHALL, INC.

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

AS ADOPTED PURSUANT TO SECTION 906 OF

THE SARBANES-OXLEY ACT OF 2002

 

 

In connection with the the Quarterly Report of Road Marshall, Inc. (the Company) on Form 10-Q for the quarter ended March 31, 2021, as filed with the Securities and Exchange Commission on the date hereof (the Report), I, Engchoon Peh, Principal  Executive  Officer of the Company, certify,  pursuant to 18 U.S.C. ss.1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

 

(1)  The Report fully complies with the  requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

 

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

 

A signed original of this written statement required by Section 906 has been provided to Engchoon Peh and will be retained by Road Marshall, Inc. and furnished to the Securities and Exchange Commission or its staff upon request.

 

Dated: May 12, 2021

 

By: /s/ Engchoon Peh

Engchoon Peh,

Chief Executive Officer

(Principal Executive Officer)

 

 

 

 

EXHIBIT 32.2

 

 

ROAD MARSHALL, INC.

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

AS ADOPTED PURSUANT TO SECTION 906 OF

THE SARBANES-OXLEY ACT OF 2002

 

 

In connection with the the Quarterly Report of Road Marshall, Inc. (the Company) on Form 10-Q for the quarter ended March 31, 2021, as filed with the Securities and Exchange Commission on the date hereof (the Report), I, Guobao Bai, Principal  Financial  Officer of the Company, certify,  pursuant to 18 U.S.C. ss.1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

 

(1)  The Report fully complies with the  requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

 

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

 

A signed original of this written statement required by Section 906 has been provided to Guobao Bai and will be retained by Road Marshall, Inc. and furnished to the Securities and Exchange Commission or its staff upon request.

 

Dated: May 12, 2021

 

By: /s/ Guobao Bai

Guobao Bai,

Chief Financial Officer

(Principal Financial Officer)

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Note 1 - Organization and Description of Business
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Organization and Description of Business

NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS

 

Road Marshall, Inc. (the “Company”) was incorporated under the laws of the State of Delaware on September 17, 2015. Road Marshall, Inc. is a technology company engaged in the development of a mobile application for iOS and Android devices.

 

The Company has elected September 30th as its year end.

 

Basis of Presentation

 

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NOTE 2 - GOING CONCERN

 

The Company’s financial statements are prepared using accounting principles generally accepted in the United States of America applicable to a going concern that contemplates the realization of assets and liquidation of liabilities in the normal course of business.

 

The Company demonstrates adverse conditions that raise substantial doubt about the Company's ability to continue as a going concern for one year following the issuance of these financial statements. These adverse conditions are negative financial trends, specifically recurring operating losses, accumulated deficit and other adverse key financial ratios.

 

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6 Months Ended
Mar. 31, 2021
Related Party Transactions [Abstract]  
Related Party Transactions

NOTE 3 - RELATED-PARTY TRANSACTIONS

 

Contributions

 

During the six months ended March 31, 2021 and 2020, operating expenses and accrued expenses in the amount of $17,413 and $18,047 were paid by CEO, Engchoon Peh, on behalf of the Company, which are considered contributions to capital and recorded as additional paid in capital due to the fact that the CEO does not require repayment from the Company.

 

Office furnished by related party

 

The Company’s executive office is located at 194 Pandan Loop #05-08, Singapore. This office is furnished to the Company by its CEO at no charge. 

 

XML 19 R10.htm IDEA: XBRL DOCUMENT v3.21.1
Significant Accounting Policies (Policies)
6 Months Ended
Mar. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Basis of Presentation

Basis of Presentation

 

This summary of significant accounting policies is presented to assist in understanding the Company's financial statements. These accounting policies conform to accounting principles, generally accepted in the United States of America (“US GAAP”) and have been consistently applied in the preparation of the financial statements.

 

 

XML 20 R11.htm IDEA: XBRL DOCUMENT v3.21.1
Related Party Transactions (Details) - USD ($)
3 Months Ended 6 Months Ended
Mar. 31, 2021
Dec. 31, 2020
Mar. 31, 2020
Dec. 31, 2019
Mar. 31, 2021
Mar. 31, 2020
Loan From Related Party Details Abstract            
Operating expenses paid by related party Engchoon Peh $ 5,730 $ 11,683 $ 9,480 $ 8,567 $ 17,413 $ 18,047
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