0001021432-18-000011.txt : 20180430 0001021432-18-000011.hdr.sgml : 20180430 20180119171018 ACCESSION NUMBER: 0001021432-18-000011 CONFORMED SUBMISSION TYPE: 10-12G PUBLIC DOCUMENT COUNT: 5 FILED AS OF DATE: 20180119 DATE AS OF CHANGE: 20180402 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Birch Forest Acquisition Corp CENTRAL INDEX KEY: 0001726287 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] IRS NUMBER: 823690062 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-12G SEC ACT: 1934 Act SEC FILE NUMBER: 000-55888 FILM NUMBER: 18538075 BUSINESS ADDRESS: STREET 1: 9454 WILSHIRE BLVD STREET 2: SUITE 612 CITY: BEVERLY HILLS STATE: CA ZIP: 20212 BUSINESS PHONE: 3108881870 MAIL ADDRESS: STREET 1: 9454 WILSHIRE BLVD STREET 2: SUITE 612 CITY: BEVERLY HILLS STATE: CA ZIP: 20212 10-12G 1 birchforestform10.txt U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10 GENERAL FORM FOR REGISTRATION OF SECURITIES Pursuant to Section 12(b) or (g) of the Securities Exchange Act of 1934 BIRCH FOREST ACQUISITION CORPORATION ---------------------------------- (Exact name of registrant as specified in its charter) Delaware 82-3690062 ------------------ ------------------------------ (State or other jurisdiction (I.R.S. Employer Identification of incorporation or organization) No.) 9454 Wilshire Boulevard, Suite 612 Beverly Hills, California 90212 ------------------------------------------------------------ (Address of principal executive offices ) (Zip Code) Registrant's telephone number, including area code: 310-888-1870 Fax Number: 949/673-4525 Securities to be registered pursuant to Section 12(b) of the Act: None Securities to be registered pursuant to Section 12(g) of the Act: Common Stock, $0.0001 Par Value (Title of class) 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 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 filed Smaller reporting company X Birch Forest Acquisition Corporation is a "shell company" as defined under Rule 405 of the Securities Act of 1933 and as such is subject to certain restrictions on the transferability of its stock. See "Risk Factors" herein for a description of such restrictions. ______________________________________________________________________ ITEM 1. BUSINESS. Birch Forest Acquisition Corporation ("Birch Forest" or the "Company") is a blank check company and qualifies as an "emerging growth company" as defined in the Jumpstart Our Business Startups Act which became law in April, 2012. The definition of an "emerging growth company" is a company with an initial public offering of common equity securities which occurred after December 8, 2011 and has less than $1 billion of total annual gross revenues during last completed fiscal year. See "The Company: The Jumpstart Our Business Startups Act" contained herein. Birch Forest Acquisition Corporation was incorporated on December 1, 2017 under the laws of the State of Delaware to engage in any lawful corporate undertaking, including, but not limited to, selected mergers and acquisitions. Birch Forest has been in the developmental stage since inception and its operations to date have been limited to issuing shares to its original shareholders and filing this registration statement. Birch Forest has been formed to provide a method for a foreign or domestic private company to become a reporting company as part of the process toward the public trading of its stock. The president of Birch Forest is also the president, director and shareholder of Tiber Creek Corporation. Tiber Creek Corporation assists companies in becoming public companies and assists companies with introductions to the financial community. Such services may include, when and if appropriate, the use of an existing reporting company such as Birch Forest. Tiber Creek will typically enter into an agreement with a private company to assist it in becoming a public reporting company and for its introduction to brokers and market makers. A private company may become a public reporting company by effecting a business combination with an existing public reporting company such as Birch Forest or by a filing registration pursuant to the Securities Act of 1933 (typically a Form S-1) or the Securities Exchange Act of 1934 (Form 10). Tiber Creek is continually in discussion with various entities who are considering the use of a reporting company as part of the process going public. In these discussions Tiber Creek will explain the various options of becoming a reporting company including the use an existing public reporting company such as Birch Forest. For its services, Tiber Creek will receive cash compensation. Tiber Creek does not provide a public shareholder base to the private company as part of a business combination. The president of Birch Forest is the president of Tiber Creek and as such may be considered affiliated. However, there is no agreement nor contractual relationship between Birch Forest and Tiber Creek to perform or provide services to the other. However, as a non-operating blank check company, Birch Forest is available for use by a client of Tiber Creek which wishes to use a reporting company incident to the process of registering its securities and becoming a reporting company. The benefits of a business combination with Birch Forest include: 1. Reincorporation of the private company in Delaware whose General Corporate Law is considered favorable for the operations of corporations. 2. The recapitalization of the stock structure of the private company suitable for a public company. 3. The introduction of management of the private company to the reporting and other requirements of a public company before commencement of trading. 4. Increased visibility of the private company among the financial community. 5. Reassurance to shareholders of the private company that the process of registering its shares for trading has commenced and informing them that shareholders can begin to view filings of the company, even prior to registration of their own shares, on the web site of the SEC. 1 ______________________________________________________________________ 6. The time required to effect a business combination may be less than that required to prepare, draft and file a registration statement. However, upon completion of such business combination, the company must file a Form 8-K which includes disclosure similar to that required in a registration statement. There is no assurance that any of these benefits will be achieved or that such benefits will actually benefit any particular private company. A business combination will normally take the form of a merger, stock- for-stock exchange or stock-for-assets exchange. In most instances a private company will wish to structure the business combination to be within the definition of a tax-free reorganization under Section 351 or Section 368 of the Internal Revenue Code of 1986, as amended. If a change of control of Birch Forest is effected, if at all, new management may issue shares of its stock prior to filing a registration statement for the registration of its shares pursuant to the Securities Act of 1933 and such shares will be governed by the rules and regulations of the Securities and Exchange Commission regarding the sale of unregistered securities. Birch Forest has not generated revenues and has no income or cash flows from operations since inception. The continuation of Birch Forest as a going concern is dependent upon financial support from its stockholders. James Cassidy is the president and a director of Birch Forest. James McKillop is the vice president and a director of Birch Forest. Birch Forest has no employees nor are there any other persons than Mr. Cassidy and Mr. McKillop who devote any of their time to its affairs. All references herein to management of Birch Forest are to Mr. Cassidy and Mr. McKillop. The inability at any time of either of these individuals to devote sufficient attention to Birch Forest could have a material adverse impact on its operations. Management has agreed to fund the expenses of Birch Forest until a change in control without reimbursement after which time all of its expenses will become the responsibility of new management. Because of the nature of the Birch Forest and its absence of any on-going operations, these expenses are anticipated to be relatively low. Aspects of a Public Company There are certain perceived benefits to being a public company whose securities are trading. Although the Company is a public reporting company, its securities are not trading. The Company anticipates that if a change in control is effected, it will make an appropraite applications to register its securities for public trading. The perceived benefits to being a public trading company are commonly thought to include the following: + increased visibility in the financial community; + increased valuation; + greater ease in raising capital; + compensation of key employees through stock options for which there may be a market valuation; + enhanced corporate image. There are also certain perceived disadvantages to being a public company. These are commonly thought to include the following: + requirement for audited financial statements which the company may find to be a significant cost; + required publication of corporate information and biographical of management which the company may perceive as private or competitive information; + required filings of periodic and episodic reports with the Securities and Exchange Commission which can be time consuming. Potential Private Companies Business entities, if any, which may be interested in a combination with Birch Forest may include the following: + a company for which a primary purpose of becoming public is the use of its securities for the acquisition of assets or businesses; + a company which is unable to find an underwriter of its securities or is unable to find an underwriter of securities on terms acceptable to it; 2 ______________________________________________________________________ + a company which wishes to become public with less dilution of its securities than would occur upon an underwriting; + a company which believes that it will be able to obtain investment capital on more favorable terms after it has become public; + a foreign company which may wish an initial entry into the United States securities market; + a special situation company, such as a company seeking a public market to satisfy redemption requirements under a qualified Employee Stock Option Plan; + a company seeking one or more of the other perceived benefits of becoming a public company. A business combination with a private company will normally involve the transfer to such private company a majority of the issued and outstanding common stock of Birch Forest and the substitution by the private company of its own management and board of directors. The proposed business activities described herein classify Birch Forest as a "blank check" company. The Securities and Exchange Commission and certain states have enacted statutes, rules and regulations regarding the sales of securities of blank check companies. Birch Forest will not make any efforts to cause a market to develop in its securities until such time as Birch Forest has successfully implemented a business combination and it is no longer classified as a blank check company. Birch Forest is voluntarily filing this registration statement with the Securities and Exchange Commission and is under no obligation to do so under the Exchange Act. Birch Forest will continue to file all reports required of it under the Exchange Act until a business combination has occurred. A business combination will normally result in a change in control and management of Birch Forest. Since a principal benefit of a business combination with Birch Forest would normally be considered its status as a reporting company, it is anticipated that Birch Forest will continue to file reports under the Exchange Act following a business combination. No assurance can be given that this will occur or, if it does, for how long. Glossary "Blank check" company As used herein, a "blank check" company is a development stage company that has no specific business plan or purpose or has indicated that its business plan is to engage in a merger or acquisition with an unidentified company or companies. Business combination Normally a merger, stock-for-stock or stock-for-assets exchange with a private company or the shareholders of the private company. Emerging Growth Company A company with an initial public offering of common equity securities which occurred after December 8, 2011 and has less than $1 billion of total annual gross revenues during last completed fiscal year. 3 ______________________________________________________________________ Birch Forest or The corporation whose common stock is the the Registrant subject of this registration statement. Exchange Act The Securities Exchange Act of 1934, as amended. Securities Act The Securities Act of 1933, as amended. Reporting Company A company with a class of securities registered under Section 12 of the Securities Exchange Act of 1934 Jumpstart Our Business Startups Act The disclosure contained below, discusses generally the terms of the "Jumpstart Our Business Startups Act". Currently the Company is without operations or revenues and as such does not anticipate that it will effect certain of the transactions covered by such Act until, if at all, the time a change in control of the Company is effected. Until at such time the Company effects a change in control it does not anticipate that it will benefit from the exemptions from certain financial disclosure required in a registration statement as well as the simplification of the sale of securities and the relaxation of general solicitation for Rule 506 offerings. In April, 2012, the Jumpstart Our Business Startups Act ("JOBS Act") was enacted into law. The JOBS Act provides, among other things: Exemptions for emerging growth companies from certain financial disclosure and governance requirements for up to five years and provides a new form of financing to small companies; Amendments to certain provisions of the federal securities laws to simplify the sale of securities and increase the threshold number of record holders required to trigger the reporting requirements of the Securities Exchange Act of 1934; Relaxation of the general solicitation and general advertising prohibition for Rule 506 offerings; Adoption of a new exemption for public offerings of securities in amounts not exceeding $50 million; and Exemption from registration by a non-reporting company offers and sales of securities of up to $1,000,000 that comply with rules to be adopted by the SEC pursuant to Section 4(6) of the Securities Act and such sales are exempt from state law registration, documentation or offering requirements. In general, under the JOBS Act a company is an emerging growth company if its initial public offering ("IPO") of common equity securities was effected after December 8, 2011 and the company had less than $1 billion of total annual gross revenues during its last completed fiscal year. A company will not longer qualify as an emerging growth company after the earliest of (i) the completion of the fiscal year in which the company has total annual gross revenues of $1 billion or more, (ii) the completion of the fiscal year of the fifth anniversary of the company's IPO; (iii) the company's issuance of more than $1 billion in nonconvertible debt in the prior three-year period, or (iv) the company becoming a "larger accelerated filer" as defined under the Securities Exchange Act of 1934. 4 ______________________________________________________________________ The Company meets the definition of an emerging growth company and will be affected by some of the changes provided in the JOBS Act and certain of the new exemptions. The JOBS Act provides additional new guidelines and exemptions for non-reporting companies and for non-public offerings. Those exemptions that impact the Company are discussed below. Financial Disclosure. The financial disclosure in a registration statement filed by an emerging growth company pursuant to the Securities Act of 1933 will differ from registration statements filed by other companies as follows: (i) audited financial statements required for only two fiscal years; (ii) selected financial data required for only the fiscal years that were audited; (iii) executive compensation only needs to be presented in the limited format now required for smaller reporting companies. (A smaller reporting company is one with a public float of less than $75 million as of the last day of its most recently completed second fiscal quarter) However, the requirements for financial disclosure provided by Regulation S-K promulgated by the Rules and Regulations of the SEC already provide certain of these exemptions for smaller reporting companies. The Company is a smaller reporting company. Currently a smaller reporting company is not required to file as part of its registration statement selected financial data and only needs audited financial statements for its two most current fiscal years and no tabular disclosure of contractual obligations. The JOBS Act also exempts the Company's independent registered public accounting firm from complying with any rules adopted by the Public Company Accounting Oversight Board ("PCAOB") after the date of the JOBS Act's enactment, except as otherwise required by SEC rule. The JOBS Act also exempts an emerging growth company from any requirement adopted by the PCAOB for mandatory rotation of the Company's accounting firm or for a supplemental auditor report about the audit. Internal Control Attestation. The JOBS Act also provides an exemption from the requirement of the Company's independent registered public accounting firm to file a report on the Company's internal control over financial reporting, although management of the Company is still required to file its report on the adequacy of the Company's internal control over financial reporting. Section 102(a) of the JOBS Act goes on to exempt emerging growth companies from the requirements in 1934 Act Section 14A(e) for companies with a class of securities registered under the 1934 Act to hold shareholder votes for executive compensation and golden parachutes. Other Items of the JOBS Act. The JOBS Act also provides that an emerging growth company can communicate with potential investors that are qualified institutional buyers or institutions that are accredited to determine interest in a contemplated offering either prior to or after the date of filing the respective registration statement. The Act also permits research reports by a broker or dealer about an emerging growth company regardless if such report provides sufficient information for an investment decision. In addition the JOBS Act precludes the SEC and FINRA from adopting certain restrictive rules or regulations regarding brokers, dealers and potential investors, communications with management and distribution of a research reports on the emerging growth company IPO. 5 ______________________________________________________________________ Section 106 of the JOBS Act permits emerging growth companies to submit 1933 Act registration statements on a confidential basis provided that the registration statement and all amendments are publicly filed at least 21 days before the issuer conducts any road show. This is intended to allow the emerging growth company to explore the IPO option without disclosing to the market the fact that it is seeking to go public or disclosing the information contained in its registration statement until the company is ready to conduct a roadshow. Election to Opt Out of Transition Period. Section 102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a 1933 Act registration statement declared effective or do not have a class of securities registered under the 1934 Act) are required to comply with the new or revised financial accounting standard. The JOBS Act provides a company can elect to opt out of the extended transition period and comply with the requirements that apply to non- emerging growth companies but any such an election to opt out is irrevocable. The Company has elected not to opt out of the transition period. ITEM 1A. RISK FACTORS The business of Birch Forest is subject to numerous risk factors. The following risks are all material risks regarding the business of Birch Forest: The Company has no operations to date and is not expected to begin any operations until a change in control, if then. Birch Forest has no operating history nor revenue with minimal assets and operates at a loss and its continuation as a going concern is dependent upon support from its stockholders or obtaining additional capital. Birch Forest has not generated revenues and has no income or cash flows from operations since inception. Birch Forest has sustained losses to date and will, in all likelihood, continue to sustain expenses without corresponding revenues, at least until the consummation of a business combination. Management will pay all expenses incurred by Birch Forest until a business combination is effected, without repayment. There is no assurance that Birch Forest will ever be profitable. The Company's independent auditors have issued a report questioning the Company's ability to continue as a going concern. The report of the Company's independent auditors contained in the Company's financial statements includes a paragraph that explains that the Company has recurring losses and has an accumulated deficit. These matters raise substantial doubt regarding the Company's ability to continue as a going concern without the influx of capital through the sale of its securities or through development of its operations or by effecting a business combination. Even in such cases, there is no assurance that the Company can create operations that result in a positive revenues. Without such, the Company would not be able to continue. 6 ______________________________________________________________________ The Company is a shell company and as such shareholders cannot rely on the provisions of Rule 144 for resale of their shares until certain conditions are met. The Company is a shell company as defined under Rule 405 of the Securities Act of 1933 as a registrant that has no or nominal operations and either no or nominal assets, or assets consisting only of cash or cash equivalents and/or other nominal assets. As securities issued by a shell company, the securities issued by the Company can only be resold by filing a registration statement for those shares or utilizing the provisions of Rule 144 once certain conditions are met, to wit: (i) the Company has ceased to be a shell company (ii) the Company is subject to the reporting requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, (iii) the Company has filed all required reports under the Exchange Act of the preceding 12 months and (iv) one year has elapsed since the Company filed "Form 10" information. Thus, a shareholder of the Company will not be able to sell its shares until such time as a registration statement for those shares is filed or the Company has ceased to be a shell company either by effecting a business combination or by developmental growth, the Company has remained current on its Exchange Act filings for 12 months and the Company has filed the information as would be required by a "Form 10" filing (e.g. audited financial statements, management information and compensation, shareholder information, etc.) The Company has only two directors, officers and beneficial shareholders and as such may not benefit from diverse and multiple opinions. The only officers and directors of Birch Forest are James Cassidy and James McKillop. Because management consists of only these two persons, Birch Forest does not benefit from multiple judgments that a greater number of directors or officers would provide. Birch Forest will rely completely on the judgment of its officers and directors when selecting a company. Mr. Cassidy and Mr. McKillop anticipate devoting only a limited amount of time to the business of Birch Forest. Neither Mr. Cassidy nor Mr. McKillop has entered into written employment agreements with Birch Forest and they are not expected to do so. Birch Forest has not obtained key man life insurance on either officer or director. The loss of the services of either Mr. Cassidy or Mr. McKillop could adversely affect development of the business of Birch Forest and its likelihood of commencing operations. Some of the former blank check companies do not continue as public companies. James Cassidy and James McKillop through Tiber Creek work with many companies, some start-up and others on-going, that wish to become public companies. Being a public company involves many requirements including, but not limited to, regular public reporting and disclosure requirements, accounting expenses including an annual audit, and officer and director limitations on sales of securities. Not all companies nor management thereof are able to meet the obligations of being a public company and a number of the companies with which management of Birch Forest have worked, have, for whatever reason, chosen not to proceed as a public company and have either become delinquent on the required 1934 Exchange Act filings resulting in the automatic revocation of the registration or have filed a Form 15 voluntarily terminating the registration. 7 ______________________________________________________________________ Indemnification of officers and directors may put Birch Forest's assets at risk. The certificate of incorporation of Birch Forest provides that Birch Forest may indemnify its officers and/or directors for liabilities, which can include liabilities arising under the securities laws. Assets of Birch Forest could be used or attached to satisfy any liabilities subject to such indemnification. The voting control by the current shareholders who are also the only officers and directors gives such shareholders the ability to change the business plan of the Company. Current shareholders of the Company are also its only officers and directors and hold 100% of the outstanding stock of the Company. As such these shareholders are in control of the Company and its direction and business plan. Although these shareholders/officers/directors are the initial creators of the Company and created the Company for the purposes stated in this registration statement, as controlling shareholders, these shareholders have the ability to change the purpose and direction of the Company without further amendment to this registration statement. The Company's election not to opt out of JOBS Act extended accounting transition period may not make its financial statements easily comparable to other companies. Pursuant to the JOBS Act of 2012, as an emerging growth company the Company can elect to opt out of the extended transition period for any new or revised accounting standards that may be issued by the PCAOB or the SEC. The Company has elected not to opt out of such extended transition period which means that when a standard is issued or revised and it has different application dates for public or private companies, the Company, as an emerging growth company, can adopt the standard for the private company. This may make comparison of the Company's financial statements with any other public company which is not either an emerging growth company nor an emerging growth company which has opted out of using the extended transition period difficult or impossible as possible different or revised standards may be used. The proposed operations of Birch Forest are speculative. The success of the proposed business plan of Birch Forest will depend to a great extent on the operations, financial condition and management of the private company which combines with Birch Forest. While business combinations with entities having established operating histories are preferred, there can be no assurance that Birch Forest will be successful in locating candidates meeting such criteria. The decision to enter into a business combination will likely be made without detailed feasibility studies, independent analysis, market surveys or similar information which, if Birch Forest had more funds available to it, would be desirable. In the event Birch Forest completes a business combination the success of its operations will be dependent upon management of the private company and numerous other factors beyond the control of Birch Forest. There is no assurance that Birch Forest can identify a company and consummate a business combination. 8 ______________________________________________________________________ The Company will seek only one business combination and as such there is no diversification of investment. The purpose of Birch Forest is to enter into a business combination with a business entity which desires the perceived advantages of effecting a business combination with an existing company which has a class of securities registered under the Exchange Act. Birch Forest may participate in a business venture of virtually any kind or nature and it will not restrict its search to any specific business, industry, or geographical location. Management anticipates that Birch Forest will be able to participate in only one potential business combination because Birch Forest has nominal assets and limited financial resources. This lack of diversification should be considered a substantial risk to the shareholders of Birch Forest because it will not permit Birch Forest to offset potential losses from one venture against gains from another. The Company is primarily dependent on Tiber Creek Corporation to seek and secure a business combination. The President of Tiber Creek Corporation is a director, President and a shareholder of the Company. Tiber Creek Corporation assists companies in becoming public companies and assists companies with introductions to the financial community. Although there is no agreement nor contractual relationship between the Company and Tiber Creek to perform or provide services, the Company is available for use by a client of Tiber Creek which wishes to use a reporting company incident to the process of registering its securities and becoming a reporting company. The Company is dependent primarily on Tiber Creek in order locate an entity with to effect a business combination. Without such business combination, it is unlikely that the Company will develop any business plan or operations or revenues and will a shell company. In addition, such reliance may result in the Company missing other business combination opportunities otherwise available outside Tiber Creek. No public market for the Company's shares may ever develop and as a result the liquidity of any outstanding shares will be limited. It is likely that after a change in control and a possible subsequent business combination with a private company, the resultant new management of Birch Forest will desire to have the Company's shares listed or quoted on the over-the-counter bulletin board or in the OTC Market Groups Inc. (formerly the Pink OTC Markets). There is no assurance, even if such shares are accepted for listing or quotation, that any public market will develop or that the Company will locate a broker interested or qualified in handling the Company's securities. In such event, the ability for any shareholder to sell the Company's shares owned by such shareholder will be limited. Possible classification as a penny stock which may increase reporting obligations for any transaction and additional burden on any potential broker. In the event that a public market develops for the securities of Birch Forest following a business combination, such securities may be classified as a penny stock depending upon their market price and the manner in which they are traded. The Securities and Exchange Commission has adopted Rule 15g-9 which establishes the definition of a "penny stock", for purposes relevant to Birch Forest, as any equity security that has a market price of less than $5.00 per share or with an exercise price of less than $5.00 per share whose securities are admitted to quotation but do not trade on the Nasdaq Capital Market or on a national securities exchange. For any transaction involving a penny stock, unless exempt, the rules require delivery by the broker of a document to investors stating the risks of investment in penny stocks, the possible lack of liquidity, commissions to be paid, current quotation and investors' rights and remedies, a special suitability inquiry, regular reporting to the investor and other requirements. There is a scarcity of and competition for business opportunities and combinations. Birch Forest is and will continue to be an insignificant participant in the business of seeking mergers with and acquisitions of business entities. A large number of established and well-financed entities, including venture capital firms, are active in mergers and acquisitions of companies which may be merger or acquisition candidates for Birch Forest. Nearly all such entities have significantly greater financial resources, technical expertise and managerial capabilities than Birch Forest and, consequently, Birch Forest will be at a competitive disadvantage in identifying possible business opportunities and successfully completing a business combination. Moreover, Birch Forest will also compete with numerous other small public companies in seeking merger or acquisition candidates. 9 ______________________________________________________________________ There is no agreement for a business combination and no minimum requirements for business combination. Tiber Creek is continually in discussion with various entities who are considering the use of a reporting company as part of the process of going public. In these discussions Tiber Creek will explain the various options of becoming a reporting company including the use of an existing public reporting company such as Birch Forest. As of the date of this registration statement, Birch Forest has no arrangement, agreement or understanding with respect to engaging in a business combination with a specific entity. When, if at all, Birch Forest enters into a business combination it will file the required reports with the Securities and Exchange Commission. There can be no assurance that Birch Forest will be successful in identifying and evaluating suitable business opportunities or in concluding a business combination. No particular industry or specific business within an industry has been selected. Birch Forest has not established a specific length of operating history or a specified level of earnings, assets, net worth or other criteria which it will require a private company to have achieved, or without which Birch Forest would not consider a business combination with such business entity. Accordingly, Birch Forest may enter into a business combination with a business entity having no significant operating history, losses, limited or no potential for immediate earnings, limited assets, negative net worth or other negative characteristics. There is no assurance that Birch Forest will be able to negotiate a business combination on terms favorable to Birch Forest. Reporting requirements may delay or preclude acquisition. Pursuant to the requirements of Section 13 of the Exchange Act, Birch Forest is required to provide certain information about significant acquisitions including audited financial statements of the acquired company. Obtaining audited financial statements is the economic responsibility of the private company. The additional time and costs that may be incurred by some potential companies to prepare such financial statements may significantly delay or essentially preclude consummation of an otherwise desirable acquisition by Birch Forest. Prospects that do not have or are unable to obtain the required audited statements may not be appropriate for acquisition so long as the reporting requirements of the Exchange Act are applicable. Notwithstanding a company's agreement to obtain audited financial statements within the required time frame, such audited financial statements may not be available to Birch Forest at the time of entering into an agreement for a business combination. In cases where audited financial statements are unavailable, Birch Forest will have to rely upon information that has not been verified by outside auditors in making its decision to engage in a transaction with the business entity. This risk increases the prospect that a business combination with such a company might prove to be an unfavorable one for Birch Forest. Possible Regulation under Investment Company Act which, if imposed, would substantially increase reporting and compliance costs and regulations. In the event Birch Forest engages in business combinations which result in Birch Forest holding passive investment interests in a number of entities, Birch Forest could be subject to regulation under the Investment Company Act of 1940. Passive investment interests, as used in the Investment Company Act, essentially means investments held by entities which do not provide management or consulting services or are not involved in the business whose securities are held. In such event, Birch Forest would be required to register as an investment company and could be expected to incur significant registration and compliance costs. Birch Forest has obtained no formal determination from the Securities and Exchange Commission as to the status of Birch Forest under the Investment Company Act of 1940. Any violation of such Act could subject Birch Forest to material adverse consequences. 10 ______________________________________________________________________ Birch Forest will probably effect a change in control and management and the biographies and objectives of such management and its impact on the Company are unknown. A business combination involving the issuance of the common stock of Birch Forest will, in all likelihood, result in shareholders of a private company obtaining a controlling interest in Birch Forest. As a condition of the business combination agreement, the shareholders of Birch Forest may agree to sell, transfer or retire all or a portion of their stock of Birch Forest to provide the target company with all or majority control. The resulting change in control of Birch Forest will likely result in removal of the present officers and directors of Birch Forest and a corresponding reduction in or elimination of their participation in the future affairs of Birch Forest. Birch Forest will probably effect a business combination which may have a possible impact on the value of the shares of its common stock. A business combination normally will involve the issuance of a significant number of additional shares. Depending upon the value of the assets acquired in such business combination, the per share value of the common stock of Birch Forest may increase or decrease, perhaps significantly, after any such business combination. At the present time the Company is a blank check company without revenues or operations and there is no share value other than the initial capital contribution of its initial shareholders. Therefore reliance on the current information regarding the current book value is probably not a good indication of future value of the stock as such value may increase or decrease after a business combination. Federal and state tax consequences will, in all likelihood, be major considerations in any business combination Birch Forest may undertake. Currently, such transactions may be structured so as to result in tax-free treatment to both companies, pursuant to various federal and state tax provisions. Birch Forest intends to structure any business combination so as to minimize the federal and state tax consequences to both Birch Forest and the private company; however, there can be no assurance that such business combination will meet the statutory requirements of a tax-free reorganization or that the parties will obtain the intended tax-free treatment upon a transfer of stock or assets. A non-qualifying reorganization could result in the imposition of both federal and state taxes which may have an adverse effect on both parties to the transaction. Any potential acquisition or merger with a foreign company may create additional risks. It is possible Birch Forest will enter a business combination with a foreign entity and will therefore be subject to risks and taxes that are currently unknown and the impact of which is presently unpredictable. If Birch Forest enters into a business combination with a foreign concern it will be subject to risks inherent in business operations outside of the United States. These risks include, for example, currency fluctuations, regulatory problems, punitive tariffs, unstable local tax policies, trade embargoes, risks related to shipment of raw materials and finished goods across national borders and cultural and language differences. Foreign economies may differ favorably or unfavorably from the United States economy in growth of gross national product, rate of inflation, market development, rate of savings, capital investment, resource self-sufficiency, balance of payments 11 ______________________________________________________________________ positions, and in other respects. Any business combination with a foreign company may result in control of Birch Forest by individuals who are not resident in the United States and in assets which are located outside the United States, either of which could significantly reduce the ability of the shareholders to seek or enforce legal remedies against Birch Forest. ITEM 2. FINANCIAL INFORMATION PLAN OF OPERATION. Birch Forest has had no operating history nor any revenues or earnings from operations. Birch Forest has no significant assets or financial resources. The Company has not generated revenues and has no income or cash flows from operations since inception. Birch Forest has sustained losses to date and will, in all likelihood, continue to sustain expenses without corresponding revenues, at least until the consummation of a business combination. The continuation of the Company as a going concern is dependent upon financial support from its stockholders, the ability of the Company to obtain necessary equity financing to continue operations, and successfully effecting a business combination. Management will pay all expenses incurred by Birch Forest until a change in control is effected without repayment. There is no assurance that Birch Forest will ever be profitable. Birch Forest has no operations nor does it currently engage in any business activities generating revenues. Birch Forest's principal business objective for the following 12 months is to be used in a business combination with a private company as part of that company's process to become a public company. Birch Forest anticipates that during the 12 months following the date of this registration statement, it will incur costs related to (i) filing reports as required by the Securities Exchange Act of 1934, including accounting fees and (ii) payment of annual corporate fees. It is anticipated that such expenses will not exceed $5,000 although management has not set a limit on the amount of expenses it will pay on behalf of Birch Forest. Management has agreed to fund the expenses of Birch Forest until a change in control without reimbursement after which time such expenses will become the responsibility of new management. Because of the nature of the Birch Forest and its absence of any on-going operations, these expenses are anticipated to be relatively low. Business Combination with a Private Company Tiber Creek assists private companies in becoming public reporting companies, in preparing and filing a registration statement and in introducing to brokers and market makers. Such services may include, when and if appropriate, effecting a business combination with an existing reporting company, such as Birch Forest. Tiber Creek is often in various stages of discussion with potential private companies which may wish to utilize an existing public company to effect a business combination. At the time that a decision is made to combine a private company with Birch Forest, Birch Forest will make an appropriate filing reporting that event. Birch Forest will not make any independent search for a possible private company nor will it retain or use any entity to identify or analyze the merits of a private company. Birch Forest will effect a business combination with a private company as part of the process of the private company becoming a public reporting company. 12 ______________________________________________________________________ Management of Birch Forest Birch Forest has no full time employees. James Cassidy and James McKillop are the officers and directors of Birch Forest and its shareholders. Mr. Cassidy, as president of Birch Forest, and Mr. McKillop as vice president, will allocate a limited portion of time to the activities of Birch Forest without compensation. Potential conflicts may arise with respect to the limited time commitment by management and the potential demands of the activities of Birch Forest. The amount of time spent by Mr. Cassidy or Mr. McKillop on the activities of Birch Forest is not predictable. Such time may vary widely from an extensive amount when reviewing a company and effecting a business combination to an essentially quiet time when activities of management focus elsewhere. It is impossible to predict the amount of time that will actually be required to spend to review suitable companies. General Business Plan The purpose of Birch Forest is to effect a business combination with a business entity which chooses to become a public company by a combination with a reporting company and desires to seek the perceived advantages of a corporation which has a class of securities registered under the Exchange Act. Birch Forest will not be restricted to any specific business, industry, or geographical location and Birch Forest may participate in a business venture of virtually any kind or nature. Birch Forest does not conduct a search for a target company itself. Its availability for use is restricted to only clients of Tiber Creek which wish to use a reporting company incident to the process of registering securities and becoming a reporting company. The president of Tiber Creek is the president of Birch Forest. Management anticipates that it will be able to participate in only one potential business venture because Birch Forest has nominal assets and limited financial resources. This lack of diversification should be considered a substantial risk to the shareholders of Birch Forest because it will not permit Birch Forest to offset potential losses from one venture against gains from another. The private company with which Birch Forest may effect a business combination may have recently commenced operations, or may wish to utilize the public marketplace in order to raise additional capital in order to expand into new products or markets, to develop a new product or service, or for other corporate purposes. After a change in control of the Company and after a subsequent business combination, if any, the current shareholders of Birch Forest will likely retain an equity interest in Birch Forest, which would be a non-controlling equity interest. The current officers and directors of Birch Forest will not be officers nor directors after any change in control. 13 ______________________________________________________________________ Business opportunities may be available in many different industries and at various stages of development, all of which will make the task of comparative investigation and analysis of such business opportunities difficult and complex. Birch Forest has, and will continue to have, no capital with which to provide the owners of business entities with any cash or other assets. Sixty days after the initial filing of this registration statement, Birch Forest will automatically become subject to the reporting requirements of the Securities Exchange Act of 1934. Included in these requirements is the duty of Birch Forest to file audited financial statements reporting a business combination which is required to be filed with the Securities and Exchange Commission upon completion of the combination. Because of the time required to prepare financial statements, a private company which has entered into a business combination agreement may wish to take control of Birch Forest before the it has completed its audit. Among other things, this will allow the private company to announce the pending combination through filings with the Securities and Exchange Commission which will then be available to the financial community, potential investors, and others. In such case, Birch Forest will only have access to unaudited and possibly limited financial information about the private company in making a decision to combine with that company. Public Market for Birch Forest Shares It is likely that after a change in control and a possible subsequent business combination with a private company thereafter, the resultant new management of Birch Forest will desire to have the Company's shares listed or quoted on the over-the-counter bulletin board or in the electronic OTC Markets Group Inc. (formerly Pink OTC Markets Inc.) Present management does not intend to make such an application or seek such qualification for public trading of the shares but Tiber Creek will assist such action of new management as part of its services. A potential private company should be aware that the market price and trading volume of the securities of Birch Forest, when and if listed for secondary trading, may depend in great measure upon the willingness and efforts of successor management to encourage interest in the Company within the United States financial community. Birch Forest does not have the market support of an underwriter that would normally follow a public offering of its securities. Initial market makers are likely to simply post bid and asked prices and are unlikely to take positions in Birch Forest's securities for their own account or customers without active encouragement and a basis for doing so. In addition, certain market makers may take short positions in the Company's securities, which may result in a significant pressure on their market price. Terms of a Business Combination In implementing a structure for a particular business combination, Birch Forest may become a party to a merger, consolidation, reorganization, joint venture, licensing agreement or other arrangement with another corporation or entity. As part of a change in control, it is likely that the officers and directors of Birch Forest will, as part of the terms of the change in control, resign and be replaced by one or more new officers and directors. The new officers and directors will effect the business combination and although such officers or directors may be affiliated with or familiar with a potential target company, no payment of compensation to an officer or director would be a condition to effecting such business combination. It is anticipated that any securities issued in any business combination would be issued in reliance upon exemption from registration under applicable federal and state securities laws. Birch Forest will likely register all or a part of such securities for public trading after the transaction is consummated. If such registration occurs, it will be undertaken by the surviving entity after Birch Forest has entered into an agreement for a business combination or has consummated a business combination and Birch Forest is no longer considered a blank check company. The issuance of additional securities and their potential sale into any trading market which may develop in the securities of Birch Forest may depress the market value of the securities of Birch Forest in the future if such a market develops, of which there is no assurance. 14 ______________________________________________________________________ While the terms of a business transaction to which Birch Forest may be a party cannot be predicted, it is expected that the parties to the business transaction will desire to avoid the creation of a taxable event and thereby structure the acquisition in a tax-free reorganization under Sections 351 or 368 of the Internal Revenue Code of 1986, as amended. The current officers and directors of Birch Forest will provide their services without charge or any future repayment by Birch Forest until such time as a change in control is effected and they no longer serve as officers or directors. After effecting a change in control and any possible subsequent business combination, it is likely that the current shareholders will retain a non-controlling share ownership in Birch Forest. Competition Birch Forest will remain an insignificant participant among the firms which engage in the acquisition of business opportunities. There are many established venture capital and financial concerns which have significantly greater financial and personnel resources and technical expertise than Birch Forest. In view of Birch Forest's combined extremely limited financial resources and limited management availability, Birch Forest will continue to be at a significant competitive disadvantage compared to Birch Forest's competitors. ITEM 3. PROPERTIES. Birch Forest has no properties and at this time has no agreements to acquire any properties. Birch Forest currently uses the offices of management in Beverly Hills, California, at no cost to Birch Forest. Management will continue this arrangement until Birch Forest completes a business combination. ITEM 4. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT. The following table sets forth each person known by Birch Forest to be the beneficial owner of five percent or more of the common stock of Birch Forest, all directors individually and all directors and officers of Birch Forest as a group. Except as noted, each person has sole voting and investment power with respect to the shares shown. Name and Address Amount of Beneficial of Beneficial Owner Ownership Percentage of Class ------------------------ -------------------- ------------------- James Cassidy (1) 10,000,000 50% 215 Apolena Avenue Newport Beach, CA 92662 James McKillop (2) 10,000,000 50% 9454 Wilshire Boulevard Suite 612 Beverly Hills, California 90212 All Executive Officers and 20,000,000 100% Directors as a Group (2 Persons) (1) James Cassidy is the president, secretary and a director of Birch Forest. (2) James McKillop is the vice president and a director of Birch Forest. 15 ______________________________________________________________________ ITEM 5. DIRECTORS AND EXECUTIVE OFFICERS Birch Forest has two directors and officers as follows: Name Age Positions and Offices Held James Cassidy 82 President, Secretary, Director James McKillop 58 Vice President, Director Set forth below are the name of the directors and officers of Birch Forest, all positions and offices held and the business experience during at least the last five years: James Cassidy, Esq., LL.B., LL.M., serves as a director, president and secretary of Birch Forest. Mr. Cassidy received a Bachelor of Science in Languages and Linguistics from Georgetown University in 1960, a Bachelor of Laws from The Catholic University School of Law in 1963, and a Master of Laws in Taxation from The Georgetown University School of Law in 1968. From 1963-1964, Mr. Cassidy was law clerk to the Honorable Inzer B. Wyatt of the United States District Court for the Southern District of New York. From 1964-1965, Mr. Cassidy was law clerk to the Honorable Wilbur K. Miller of the United States Court of Appeals for the District of Columbia. From 1969-1975, Mr. Cassidy was an associate of the law firm of Kieffer & Moroney and a principal in the law firm of Kieffer & Cassidy, Washington, D.C. From 1975 to date, Mr. Cassidy has been a principal in the law firm of Cassidy & Associates, and its predecessors, specializing in securities law and related corporate and federal taxation matters. Mr. Cassidy is the president, director and sole shareholder of Tiber Creek Corporation which assists companies in becoming public companies and with introductions to the financial community. Mr. Cassidy is a member of the bars of the District of Columbia and the State of New York, and is admitted to practice before the United States Tax Court and the United States Supreme Court. Birch Forest believes Mr. Cassidy to have the business experience necessary to serve as a director of Birch Forest as it seeks to enter into a business combination. As a lawyer involved in business transactions and securities matters, Mr. Cassidy has had experience in evaluating companies and management, understanding business plans, assisting in capital raising and determining corporate structure and objectives. James McKillop serves as a director and vice president of Birch Forest. Mr. McKillop began his career at Merrill Lynch. Mr. McKillop has also been involved in financial reporting and did a daily stock market update for KPCC radio in Pasadena, California. Mr. McKillop has been doing consulting work for private and public companies since 2000 to the present. Mr. McKillop heads MB Americus, LLC a financial consulting firm which he founded. Mr. McKillop has written articles for various publications on financial matters. He has been a past member of the World Affairs Council. Mr. McKillop received his Bachelor of Arts in Economics in 1984 from the University of California at Los Angeles. With his background in financial and securities matters, the Company believes Mr. McKillop to have experience and knowledge that will serve the Company in seeking and evaluating a suitable private company. There are no agreements or understandings for the above-named officers or directors to resign at the request of another person and the above-named officers and directors are not acting on behalf of nor will act at the direction of any other person. Recent Blank Check Companies James Cassidy, the president and a director of Birch Forest and James McKillop, vice president and a director of Birch Forest, are involved with other existing blank check companies and with blank check companies that have had a change in control or change in management and directors and-or have effected a business combination. The initial business purpose of each of these companies was to engage in a business combination with an unidentified private company or companies and each was a blank check company until completion of a business combination. James Cassidy and James McKillop through Tiber Creek work with many companies, some start-up and others on-going, that wish to become public companies. Although they counsel management of these companies on the requirements, disclosure, expense and limitations that being a public company encompasses not all companies nor management thereof are able to meet the obligations of being a public company. A number of the companies listed below have, for whatever reason, chosen not to proceed and have either become delinquent on the required 1934 Exchange Act filing requirements resulting in the automatic revocation of their registrations or have filed a Form 15 voluntarily terminating their registrations. Management is aware that certain current and prior blank check companies of which Messrs. Cassidy and McKillop were the former officers and directors have received subpoenas for documents in regard to an inquiry by the Securities and Exchange Commission requesting documentation regarding the transactions and filings for the past five years and former share ownership of certain blank check companies. These companies include Fuda Group (USA) Corp., ECI Canada, Inc., Heyu Development & Management Corp., Broadstreet Power, Inc., T.A.G. Acquisitions, Ltd., Sea Valley Acquisition Corporation and Sky Wolf Wind Turbine Corporation. Other companies may have received subpoenas of which management is not aware. Management of the Company has also received subpoenas from the Securities and Exchange Commission in regard to certain of the transactions and filings for the past five years of certain of its blank check companies. Management has no independent knowledge or information as to the intent or purpose of such subpoenas but believes the SEC is investigating whether the change in control transaction is considered a sale of a security and if so whether a broker needs to be used to effect the transaction. 16 ______________________________________________________________________ The below listed companies each independently negotiated with Tiber Creek for Tiber Creek to assist it in going public. The companies listed below are those that chose as part of going public to use an existing reporting company as a vehicle to go public rather than to go public by directly filing a registration statement pursuant to the Securities Act of 1933. These companies paid Tiber Creek for its assistance in choosing the method by which to go public, the process of going public and for its on-going services for introductions into the brokerage community. For its complete package of services, including taking a company public whether by merger with a public reporting company or direct registration statement, preparation of a registration statement on Form S-1 for registration of its securities, assistance in corporate structuring, introductions to the brokerage community and review of documents or materials intended to be used by the private company once a public reporting company, Tiber Creek receives compensation in the range of $100,000. Tiber Creek engages the law firm which provides the services to assist the company in its desired transactions including preparation of the legal documentation required for the client company to take control of a reporting company and to commence filing its periodic reports. A change in control of a company will not change that company's status as a shell company. Once a company effects a business combination such as a merger with a company that has operations, revenues, a business plan or other corporate structure, then at that time, the company's status as a shell company may change. At such time, such company will file a Form 8-K noticing the business combination information and notice of the change in its status. The information summarizes the blank check companies with which Mr. Cassidy and/or Mr. McKillop is or has been involved in the past five years which filed a registration statement on Form 10. In most instances that a business combination is transacted with one of these companies, it is required to file a Current Report on Form 8-K describing the transaction. Reference is made to the Current Report on Form 8-K filed for any company listed below and for additional detailed information concerning the business combination entered into by that company, including financial information. 17 ______________________________________________________________________ Silverwood Acquisition Corporation: Form 10 filed on November 8, 2011, file number 000-54545. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the only shareholders and each was indirect beneficial owner of 10,000,000 shares. On January 4, 2013, Silverwood Acquisition Corporation filed a Form 8-K noticing the change of control effected December 20, 2012 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of 1,000,000 additional shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Mr. Cassidy and Mr. McKillop each beneficially retained 250,000 shares of stock and Tiber Creek received $100,000 for the aggregate of its services. Messrs. Cassidy and McKillop each resigned from all offices and as directors. The company changed its name to IIM Global Corporation and subsequently to ID Global Solutions Corp. In review of the public records available on the SEC web site, the company is an trading and operating company. Backgate Acquisition Corporation: Form 10 filed on October 10, 2012, file number 000-54824. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the only shareholders and each was indirect beneficial owner of 10,000,000 shares. On February 26, 2013, Backgate Acquisition Corporation filed a Form 8-K noticing the change of control with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of 1,000,000 additional shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Mr. Cassidy and Mr. McKillop each beneficially retained 250,000 shares of stock. The company determined not to continue and Tiber Creek received $30,000 for its services to that date. Messrs. Cassidy and McKillop each resigned from all offices and as directors. The name of the corporation was changed to JMJP Partners, Inc. The company filed a Form 15-12G to terminate the registration of its securities in March 2014. Beachgate Acquisition Corporation: Form 10 filed on October 10, 2012, file number 000-54825. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the only shareholders and each was indirect beneficial owner of 10,000,000 shares. Beachgate Acquisition Corporation filed a Form 8-K noticing the change of control on March 25, 2013 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of 1,000,000 additional shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Mr. Cassidy and Mr. McKillop each beneficially retained 250,000 shares of stock. The company determined not to continue and Tiber Creek received $30,000 for its services to that date. Messrs. Cassidy and McKillop each resigned from all offices and as directors. The name of the corporation was changed to Essential Telecommunications, Inc. In review of the public records available on the SEC web site, the company has not made public filings since 2013. Form 10 registration revoked in 2016. 18 ______________________________________________________________________ Fordgate Acquisition Corporation: Form 10 filed on October 10, 2012, file number 000-54826. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the only shareholders and each was indirect beneficial owner of 10,000,000 shares. Fordgate Acquisition Corporation filed a Form 8-K noticing the change of control on June 28, 2013 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of 1,000,000 additional shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Mr. Cassidy and Mr. McKillop each beneficially retained 250,000 shares of stock. The company determined not to continue and Tiber Creek received $30,000 for its services to that date. Messrs. Cassidy and McKillop each resigned from all offices and as directors. In review of the public records available on the SEC web site, registration of its securities was revoked in February, 2016. Harrogate Acquisition Corporation: Form 10 filed on October 10, 2012, file number 000-54827. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the only shareholders and each was indirect beneficial owner of 10,000,000 shares. Harrogate Acquisition Corporation filed a Form 8-K noticing the change of control on March 25, 2013 with the redemption of an aggregate of 19,600,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of 1,000,000 additional shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Mr. Cassidy and Mr. McKillop each beneficially retained 200,000 shares of stock and Tiber Creek received $89,500 for the aggregate of its services. Messrs. Cassidy and McKillop each resigned from all offices and as directors. The name of the corporation was changed to Live Brands, Inc. The company filed a Form D for a private offering of its securities. In review of the public records available on the SEC web site, the company has not made public filings since 2014. Sandgate Acquisition Corporation: Form 10 filed on October 10, 2012, file number 000-54830. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the only shareholders and each was indirect beneficial owner of 10,000,000 shares. Sandgate Acquisition Corporation filed a Form 8-K noticing the change of control on July 19, 2013 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of 1,000,000 additional shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Mr. Cassidy and Mr. McKillop each beneficially retained 250,000 shares of stock and Tiber Creek received $85,000 for the aggregate of its services. Messrs. Cassidy and McKillop each resigned from all offices and as directors. The name of the corporation was changed to Sunstock, Inc. The company filed a Form D for a private offering of its securities. Sunstock filed a registration statement on Form S-1 which was declared effective in July, 2015. The company is an operating company and trades on the Pink Sheets OTC Markets (SSOK). 19 ______________________________________________________________________ Sidegate Acquisition Corporation: Form 10 filed on October 10, 2012, file number 000-54829. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the only shareholders and each was indirect beneficial owner of 10,000,000 shares. Sidegate Acquisition Corporation filed a Form 8-K noticing the change of control on September 30, 2013 with the redemption of an aggregate of 19,900,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of 2,500,000 additional shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Mr. Cassidy and Mr. McKillop each beneficially retained 50,000 shares of stock and Tiber Creek received $70,000 for the aggregate of its services. Messrs. Cassidy and McKillop each resigned from all offices and as directors. The name of the corporation was changed to UPOD, Inc. In review of the public records available on the SEC web site, the company has not made public filings since 2015, and registration of its securities was revoked in July 2017. . Tablegate Acquisition Corporation: Form 10 filed on October 10, 2012, file number 000-54831. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the only shareholders and each was indirect beneficial owner of 10,000,000 shares. Tablegate Acquisition Corporation filed a Form 8-K noticing the change of control on September 13, 2013 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of 1,000,000 additional shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Mr. Cassidy and Mr. McKillop each beneficially retained 250,000 shares of stock. The company determined not to continue and Tiber Creek received $35,000 for the aggregate of its services to that date. Messrs. Cassidy and McKillop each resigned from all offices and as directors. The name of the corporation was changed to 1701 Productions, Inc. In review of the public records available on the SEC web site, the company has not made public filings since 2013. Treegate Acquisition Corporation: Form 10 filed on October 10, 2012, file number 000-54832. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the only shareholders and each was indirect beneficial owner of 10,000,000 shares. Treegate Acquisition Corporation filed a Form 8-K noticing the change of control on October 1, 2013 with the redemption of an aggregate of 19,600,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of 13,000,000 additional shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Mr. Cassidy and Mr. McKillop each beneficially retained 200,000 shares of stock and Tiber Creek received $75,000 for the aggregate of its services. Messrs. Cassidy and McKillop each resigned from all offices and as directors. The name of the corporation was changed to Solis Pharma U.S., Inc. In review of the public records available on the SEC web site, the company has not made public filings since 2013. Form 10 registration revoked in 2016. Wallgate Acquisition Corporation: Form 10 filed on October 10, 2012, file number 000-54833. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the only shareholders and each was indirect beneficial owner of 10,000,000 shares. Wallgate Acquisition Corporation filed a Form 8-K noticing the change of control on May 7, 2013 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of 1,000,000 additional shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Mr. Cassidy and Mr. McKillop each beneficially retained 250,000 shares of stock and Tiber Creek received $55,000 for the aggregate of its services. Messrs. Cassidy and McKillop each resigned from all offices and as directors. The name of the corporation was changed to Percipience Global Corporation. The company determined not to continue and the company filed a Form 15-12G to terminate the registration of its securities in October 2015. 20 ______________________________________________________________________ Woodgate Acquisition Corporation: Form 10 filed on October 10, 2012, file number 000-54834. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the only shareholders and each was indirect beneficial owner of 10,000,000 shares. Woodgate Acquisition Corporation filed a Form 8-K noticing the change of control on May 16, 2013 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of 8,750,000 additional shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Mr. Cassidy and Mr. McKillop each beneficially retained 250,000 shares of stock and Tiber Creek received $100,000 for the aggregate of its services. Messrs. Cassidy and McKillop each resigned from all offices and as directors. The name of the corporation was changed to Woodgate Energy Corporation. In review of the public records available on the SEC web site, the company company is an operating company. Form 15-12G filed to deregister securities in April 2016. Canyonwalk Acquisition Corporation: Form 10 filed on June 21, 2013, file number 000-54978. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was indirect beneficial owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on December 4, 2013 with the redemption of an aggregate of 19,900,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of 10,000,000 shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each beneficially retained 50,000 shares of common stock and Tiber Creek received $75,000 for the aggregate of its services. Messrs. Cassidy and McKillop each resigned from all offices and as directors. The name of the corporation was changed to Corvus Technologies Corp. Form 15-12G filed to deregister securities in April 2016. Creekwalk Acquisition Corporation: Form 10 filed on June 21, 2013, file number 000-54979. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was indirect beneficial owner of 10,000,000 shares. Creekwalk Acquisition Corporation filed a Form 8-K noticing the change of control on September 25, 2013 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of 5,000,000 additional shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Mr. Cassidy and Mr. McKillop each beneficially retained 250,000 shares of stock and Tiber Creek received $85,000 for the aggregate of its services. Messrs. Cassidy and McKillop each resigned from all offices and as directors. The name of the corporation was changed to Delverton Resorts International Inc. In review of the public records available on the SEC web site, the company has not filed public reports since 2014, and the registration of its securities on Form 10 was revoked in May 2017. 21 ______________________________________________________________________ Glenwalk Acquisition Corporation: Form 10 filed on June 21, 2013, file number 000-54980. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was indirect beneficial owner of 10,000,000 shares. Glenwalk Acquisition Corporation filed a Form 8-K noticing the change of control on October 10, 2013 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of 1,000,000 additional shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Mr. Cassidy and Mr. McKillop each beneficially retained 250,000 shares of stock and Tiber Creek received $90,000 for the aggregate of its services. the company filed a Form D in regard to a private placement of its securities. Messrs. Cassidy and McKillop each resigned from all offices and as directors. The name of the corporation was subsequently changed to Wholelife Companies, Inc. The company filed a Form 15-12G to terminate the registration of its securities in June, 2015. Mountainwalk Acquisition Corporation: Form 10 filed on June 21, 2013, file number 000-54981. On December 23, 2013, Mountainwalk changed its name to Engage Eco Solutions, Inc. and filed an 8-K noticing such change. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was indirect beneficial owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on January 23, 2014 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of 1,000,000 shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs Cassidy and McKillop each beneficially retirned 250,000 shares of common stock and Tiber Creek received $85,000 for the aggregate of its services Messrs. Cassidy and McKillop each resigned from all offices and as directors. In review of the public records available on the SEC web site, the company has not filed public reports since 2014. 22 ______________________________________________________________________ Oceanwalk Acquisition Corporation: Form 10 filed on June 21, 2013, file number 000-54982. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was indirect beneficial owner of 10,000,000 shares. Oceanwalk Acquisition Corporation filed a Form 8-K noticing the change of control on November 12, 2013 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of 19,500,000 additional shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Mr. Cassidy and Mr. McKillop each beneficially retained 250,000 shares of stock and Tiber Creek received $60,000 for the aggregate of its services. Messrs. Cassidy and McKillop each resigned from all offices and as directors. The name of the corporation was changed to Nexus Data Technologies Corporation. In review of the public records available on the SEC web site, the company has not filed public reports since 2014. The company anticipates future transactions. Apple Run Acquisition Corporation: Form 10 filed on September 30, 2013, file number 000-55052. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. Apple Run Acquisition Corporation filed a Form 8-K noticing a change of control on December 19, 2013 with the redemption of an aggregate of 20,000,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of 10,000,000 additional shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. The name of the corporation was changed to Questrust Ventures Inc. In review of the public records available on the SEC web site, the company has not filed public reports since 2013 and the registration of its securities on Form 10 was revoked in February 2017. Berry Run Acquisition Corporation: Form 10 filed on September 30, 2013, file number 000-55069. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. Berry Run Acquisition Corporation filed a Form 8-K noticing the change of control on December 20, 2013 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of 19,500,000 additional shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Mr. Cassidy and Mr. McKillop each retained 250,000 shares of stock and Tiber Creek received $60,000 for the aggregate of its services. Messrs. Cassidy and McKillop each resigned from all offices and as directors. The name of the corporation was changed to Nexus Data Security Corporation. In review of the public records available on the SEC web site, the company has not filed public reports since 2014 and the registration of its securities on Form 10 was revoked in December 2016. Cherry Run Acquisition Corporation: Form 10 filed on September 30, 2013, file number 000-55070. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. Cherry Run Acquisition Corporation filed a Form 8-K noticing the change of control on December 20, 2013 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of 19,500,000 additional shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Mr. Cassidy and Mr. McKillop each retained 250,000 shares of stock and Tiber Creek received $60,000 for the aggregate of its services. Messrs. Cassidy and McKillop each resigned from all offices and as directors. The name of the corporation was changed to Nexus Resources Corporation. In review of the public records available on the SEC web site, the company has not filed public reports since 2014. 23 ______________________________________________________________________ Cloud Run Acquisition Corporation: Form 10 filed on September 30, 2013, file number 000-55068. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. Cloud Run Acquisition Corporation filed a Form 8-K noticing the change of control on January 14, 2014 with the redemption of an aggregate of 20,000,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of new shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Tiber Creek received $100,000 for the aggregate of its services. The name of the corporation was changed to Heyu Leisure Holidays Corporation. The company filed a Form D for the private sale of its securities. The company filed a registration statement on Form S-1 under current review. The company filed a registration statement on Form S-1 which was declared effective on December 21, 2016. Fig Run Acquisition Corporation: Form 10 filed on September 30, 2013, file number 000-55071. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on March 10, 2014 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of new shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKill each retained 250,000 shares of stock and Tiber Creek received $62,500 for the aggregate of its services. Messrs. Cassidy and McKillop each resigned from all offices and as directors. In review of the public records available on the SEC web site, the company has not filed public reports since 2014. Hill Run Acquisition Corporation: Form 10 filed on September 30, 2013, file number 000-55064. On January 22, 2014, Hill Run Acquisition Corporation changed its name to Alife Inc. and filed an 8-K noticing such change. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on January 24, 2014 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of 20,000,000 shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each retained 250,000 of stock and Tiber Creek received $50,000. Messrs. Cassidy and McKillop each resigned from all offices and as directors. The company changed its name to Alife, Inc. The company has not filed public reports since 2015 and filed a Form 15-12G to deregister its securities on June 6, 2017. Jam Run Acquisition Corporation: Form 10 filed on September 30, 2013, file number 000-55053. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on February 6, 2014 with the redemption of an aggregate of 19,700,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of 9,700,000 shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each retained 150,000 shares of stock and Tiber Creek received $75,000 for the aggregate of its services. Messrs. Cassidy and McKillop each resigned from all offices and as directors. The name of the corporation was changed to Blow & Drive Interlock Corporation. The company filed a Form D in regard to its private offering of securities. The Company filed a registration statement on Form S-1 declared effective December 2014. The company is an operating company and trades on the OTC Markets (BDIC). Orange Run Acquisition Corporation: Form 10 filed on September 30, 2013, file number 000-55059. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on March 30, 2014 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of 1,000,000 shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek received $85,000 for the aggregate of its services. Messrs. Cassidy and McKillop each resigned from all offices and as directors. The name of the corporation was changed to RS Soda Holdings Inc. In review of the public records available on the SEC web site, the company has not filed public reports since 2014. 24 ______________________________________________________________________ Peach Run Acquisition Corporation: Form 10 filed on September 30, 2013, file number 000-55060. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on March 28, 2014 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of 20,000,000 shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each retained 250,000 shares of stock. The company determined not to continue and Tiber Creek received $10,000 for the aggregate of its services. Messrs. Cassidy and McKillop each resigned from all offices and as directors. The name of the corporation was changed to Southern Labs Inc. In review of the public records available on the SEC web site, the company has not filed public reports since 2014. Pear Run Acquisition Corporation: Form 10 filed on September 30, 2013, file number 000-55061. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on March 26, 2014 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of 3,000,000 shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each retained 250,000 shares of stock. The company determined not to continue and Tiber Creek received $31,500 for the aggregate of its services. Messrs. Cassidy and McKillop each resigned from all offices and as directors. The name of the corporation was changed to Gold Mountain, Inc. In review of the public records available on the SEC web site, the company has not filed public reports since 2014. Plum Run Acquisition Corporation: Form 10 filed on September 30, 2013, file number 000-55062. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on March 13, 2014 with the redemption of an aggregate of 19,900,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of 1,000,000 shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each retained 50,000 shares of stock. The company filed a registration statement on Form S-1 in September 2015. Tiber Creek received $84,000 for the aggregate of its services. Messrs. Cassidy and McKillop each resigned from all offices and as directors. The name of the corporation was changed to Natural Resources Corporation. In review of the public records available on the SEC web site, registration of its securities was revoked in March, 2016. Quince Run Acquisition Corporation: Form 10 filed on September 30, 2013, file number 000-55063. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on July 8, 2014 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of 1,000,000 shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each retained 250,000 shares of stock. The company determined not to continue and Tiber Creek received $20,000 for the aggregate of its services. Messrs. Cassidy and McKillop each resigned from all offices and as directors. The name of the corporation was changed to Lightstone Technologies Inc. In review of the public records available on the SEC web site, the company has not filed public reports since 2014. 25 ______________________________________________________________________ Path Run Acquisition Corporation: Form 10 filed on September 30, 2013, file number 000-55065. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on April 23, 2014 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of 999,999,shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each retained 250,000 shares of stock. The company determined not to continue and Tiber Creek received $40,000 for the aggregate of its services. Messrs. Cassidy and McKillop each resigned from all offices and as directors. The name of the corporation was changed to SGREP Inc. In review of the public records available on the SEC web site, the company has not filed public reports since 2014. Pebble Run Acquisition Corporation: Form 10 filed on September 30, 2013, file number 000-55067. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on July 24, 2014 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of 19,500,000 shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each retained 250,000 shares of common stock. Messrs. Cassidy and McKillop each resigned from all offices and as directors. The name of the corporation was changed Smarter App World International Corporation. The company has not filed public reports since 2014 and filed a Form 15-12G to register its securities on December 14, 2015. River Run Acquisition Corporation: Form 10 filed on September 30, 2013, file number 000-55066. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on May 5, 2014 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of 1,000,000 shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek received $65,000 for the aggregate of its services. Messrs. Cassidy and McKillop each resigned from all offices and as directors. The name of the corporation was changed to Chess Supersite Corporation. The Company filed a registration statement on Form S-1 declared effective July 2015. The company is an operating company and trades on the Pink Sheets OTC Markets (CHZP). 26 ______________________________________________________________________ Rock Run Acquisition Corporation: Form 10 filed on September 30, 2013, file number 000-55054. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on March 30, 2015 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at par of $.0001, the issuance of 4,982,332 shares of common stock at par, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek received $26,000 for the aggregate of its services. Messrs. Cassidy and McKillop each resigned from all offices and as directors. On July 16, 2014, the corporation changed its name to FWC Capital Inc. and in March, 2015, changed its name to American-Swiss Capital, Inc. In review of the public records available on the SEC web site, the company has not filed public reports since 2015. Sky Run Acquisition Corporation: Form 10 filed on September 30, 2013, file number 000-55055. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at par of $.0001, the issuance of 13,372,000 shares of common stock at par, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek received $75,000 for the aggregate of its services. Messrs. Cassidy and McKillop each resigned from all offices and as directors. The corporation changed its name to Hoverink International Holdings Inc. In review of the public records available on the SEC web site, the company is an operating company. Tiber Creek determined not to go forward with client and entered into a settlement with client. Form RW filed to withdraw its registration statement on Form S-1 in May 2016. The company filed a Form 10-12G/A in February 2017 but has not filed public reports since 2015. Storm Run Acquisition Corporation: Form 10 filed on September 30, 2013, file number 000-55056. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on June 17, 2014 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of 1,000,000 shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek received $85,000 for the aggregate of its services. Messrs. Cassidy and McKillop each resigned from all offices and as directors. The name of the corporation was changed to Aquarius Cannibus, Inc. In review of the public records available on the SEC web site, the company has not filed public reports since 2014. The client determined not to proceed and the client has filed a complaint against Cassidy & Associates with the D.C. Bar Cassidy & Associates believes the complaint is without merit and has hired local counsel. 27 ______________________________________________________________________ Thunder Run Acquisition Corporation: Form 10 filed on September 30, 2013, file number 000-55057. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on September 5, 2014 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of 3,000,000 shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek received $100,000 for the aggregate of its services. Messrs. Cassidy and McKillop each resigned from all offices and as directors. The name of the corporation was changed to ECO Waste Conversion Solutions Corporation and subsequently to ECO Integrated Technologies, Inc. The company filed a Form D in regard to the private offering of its securities. In review of the public records available on the SEC web site, the company has not filed public reports since 2016. Trail Run Acquisition Corporation: Form 10 filed on September 30, 2013, file number 000-55058. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on April 25, 2014 with the redemption of an aggregate of 20,000,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of 1,000,000 shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Tiber Creek received $75,000 for the aggregate of its services. Messrs. Cassidy and McKillop each resigned from all offices and as directors. In review of the public records available on the SEC web site, the company has not filed public reports since 2014. Spring Valley Acquisition Corporation: Form 10 filed on June 18, 2014 file number 000-55223. Mr. Cassidy and Mr. McKillop are both directors of the corporation and serve as president and vice president, respectively. Mr. Cassidy and Mr. McKillop are the shareholders and each is owner of 10,000,000 shares. Spring Valley changed its name to GFE Sustainable Energy, Inc.and then to Green Field Energy, Inc. in anticipation of a change in control but the documents to effect such change in control have not yet been finalized. The company has not filed public reports since 2015. Pretty Valley Acquisition Corporation: Form 10 filed on June 18, 2014 file number 000-55224. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on October 20, 2015 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek received $80,000 for the aggregate of its services. Messrs. Cassidy and McKillop each resigned from all offices and as directors. The name of the corporation was changed to Amchi Gendynamy Science Corporation. In review of the public records available on the SEC web site, the company filed a Form RW in November 2016 to withdraw its registration statement on Form S-1 and filed a Form 15-12G in November 2016 to deregister its securities. 28 ______________________________________________________________________ Distant Valley Acquisition Corporation: Form 10 filed on June 18, 2014 file number 000-55225. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on September 18, 2014 with the redemption of an aggregate of 20,000,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of 1,000,000 shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Tiber Creek received $75,000 for the aggregate of its services. Messrs. Cassidy and McKillop each resigned from all offices and as directors. The name of the corporation was changed to HEYU Development and Management Corporation. In review of the public records available on the SEC web site, the company has not filed public reports since 2015 and filed a Form 15-12G to deregister its securities in May 2017. Surprise Valley Acquisition Corporation: Form 10 filed on June 18, 2014 file number 000-55226. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on December 31, 2014 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek was to receive $80,000 for the aggregate of its services. Messrs. Cassidy and McKillop each resigned from all offices and as directors. The company chose not to continue and Tiber Creek received $20,000 for the aggregate of its services to that date. The name of the corporation was changed to T.A.G. Acquisitions Ltd. In review of the public records available on the SEC web site, the company has not filed public reports since 2016. Summer Valley Acquisition Corporation: Form 10 filed on June 18, 2014 file number 000-55227. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on March 23, 2015 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at par of $.0001, the issuance of 3,000,000 shares of common stock at par, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek received $40,000 for the aggregate of its services. Messrs. Cassidy and McKillop each resigned from all offices and as directors. In review of the public records available on the SEC web site, the company has not filed public reports since 2016. In December 2016 the company changed its name to Broadstreet Power, Inc. Fall Valley Acquisition Corporation: Form 10 filed on June 18, 2014 file number 000-55228. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on December 15, 2014 with the redemption of an aggregate of 19,750,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek received $85,000 for the aggregate of its services. Messrs. Cassidy and McKillop each resigned from all offices and as directors. The name of the corporation was changed to Greys Corporation. The company filed a Form D in regard to a private offering of its securities and it registration statement on Form S-1 in October, 2015. The company has not filed public reports since 2016 and filed a Form 15-12G in May 2017 to deregister its securities. 29 ______________________________________________________________________ Sea Valley Acquisition Corporation: Form 10 filed on June 18, 2014 file number 000-55229. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on November 24, 2014 with the redemption of an aggregate of 19,600,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each retained 200,000 shares of stock and Tiber Creek received $90,000 for the aggregate of its services. Messrs. Cassidy and McKillop each resigned from all offices and as directors. In review of the public records available on the SEC web site, the company has not filed public reports since 2014. Winter Valley Acquisition Corporation: Form 10 filed on June 18, 2014 file number 000-55230. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on January 15, 2015 with the redemption of an aggregate of 19,800,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Messrs. Cassidy and McKillop each retained 100,000 shares of stock and Tiber Creek received $50,000 for the aggregate of its services. The name of the corporation was changed to Crane Global Energy Company. In review of the public records available on the SEC web site, the company has not filed public reports since 2015. In review of the public records available on the SEC web site, the company has not filed public reports since 2015. Coyote Valley Acquisition Corporation: Form 10 filed on October 31, 2014 file number 000-55303. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on January 21, 2015 with the redemption of an aggregate of 19,750,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Messrs. Cassidy and McKillop each retained 125,000 shares of stock and Tiber Creek received $75,000 for the aggregate of its services. The name of the corporation was changed to SkyWolf Wind Turbine Corporation. The company filed a Form 15-12G in October 2016 to deregister its securities. Deer Valley Acquisition Corporation: Form 10 filed on October 31, 2014 file number 000-55310. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on April 27, 2015 with the redemption of an aggregate of 17,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Messrs. Cassidy and McKillop each retained 250,000 shares of stock. The company chose not to continue and Tiber Creek received $50,000 for the aggregate of its services to that date. The name of the corporation was changed to Aquilarts, Inc. In review of the public records available on the SEC web site, the company has not filed public reports since 2015. 30 ______________________________________________________________________ Fox Valley Acquisition Corporation: Form 10 filed on October 31, 2014 file number 000-55305. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on July 24, 2015 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek has received $40,000 to date for the aggregate. The name of the corporation was changed to ECI Canada, Inc. The company filed a Form 15-12G in September 2016 to deregister its securities. Owl Valley Acquisition Corporation: Form 10 filed on October 31, 2014 file number 000-55306. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on February 18, 2015 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek has received $70,000 to date for the aggregate . The name of the corporation was changed to Montbriar, Inc. In review of the public records available on the SEC web site, the company has not filed public reports since 2016. Oak Valley Acquisition Corporation: Form 10 filed on October 31, 2014 file number 000-55309. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on May 11, 2015 with the redemption of an aggregate of 20,000,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Tiber Creek received $100,000 for the aggregate of its services. The name of the corporation was changed to USA Capital Management, Inc. In review of the public records available on the SEC web site, the company is an operating company. Elm Valley Acquisition Corporation: Form 10 filed on October 31, 2014 file number 000-55304. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on July 2, 2015 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each retained 250,000 shares of stock. The company chose not to continue Tiber Creek has received $40,000 for the aggregate of its services to date. Messrs. Cassidy and McKillop each resigned from all offices and as directors. In review of the public records available on the SEC web site, the company has not filed public reports since 2015. Spruce Valley Acquisition Corporation: Form 10 filed on October 31, 2014 file number 000-55307. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on February 24, 2015 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek received $100,000 for the aggregate of its services. The company filed a Form8-K in October 2015 noticing a major acquisition transaction and in December 2015 filed a registration statement on Form S-1 which was declared effective December 2, 2016. The name of the corporation was changed to Fuda Group (USA) Corporation. 31 ______________________________________________________________________ Redwood Valley Acquisition Corporation: Form 10 filed on October 31, 2014 file number 000-55308. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on August 26, 2015 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek received $75,000 for the aggregate of its services. The name of the corporation was changed to CannaMED Enterprises, Inc. In review of the public records available on the SEC web site, the company is an operating company. Black Grotto Acquisition Corporation: Form 10 filed on March 3, 2015 file number 000-55385. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on June 1, 2015 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek received $85,000 for the aggregate of its services. The name of the corporation was changed to NextGlass Technologies Corporation. The company filed a registration statement on Form S-1 in December 2015. In review of the public records available on the SEC web site, the company has not filed public reports since 2016. Brown Grotto Acquisition Corporation: Form 10 filed on March 3, 2015 file number 000-55386. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on September 16, 2015 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek has received $65,000 to date for the aggregate of its services. The name of the corporation was changed to EverythingAmped, Inc. In review of the public records available on the SEC web site, the company is an operating company. Red Grotto Acquisition Corporation: Form 10 filed on March 3, 2015 file number 000-55387. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on September 23, 2015 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek has received $85,000 for the aggregate of its services. The name of the corporation was changed to OGL Holdings Inc. The Company filed a registration statement which was declared effective. The company is an operating company and an active client. The Company has obtained a trading symbol (OGLH). In review of the public records available on the SEC web site, the company has not filed public reports since 2016. 32 ______________________________________________________________________ Yellow Grotto Acquisition Corporation: Form 10 filed on March 3, 2015 file number 000-55388. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on August 10, 2015 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek has received $85,000 for the aggregate of its services. The name of the corporation was changed to South West Coast Acquisition Corporation. In review of the public records available on the SEC web site, the company has not filed public reports since 2015. Purple Grotto Acquisition Corporation: Form 10 filed on March 3, 2015 file number 000-55389. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on November 2, 2015 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek has received $85,000 for the aggregate of its services. The name of the corporation was changed to Randolph Acquisitions, Inc. The company filed a registration statement on Form S-1 which was declared effective on July 10, 2017. Noche Grotto Acquisition Corporation: Form 10 filed on March 3, 2015 file number 000-55390. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on May 27, 2015 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek has received $27,500 to date for the aggregate of its services. The name of the corporation was changed to Axis Research & Technologies Inc. The Company filed a Form 15-12G in April 2017 to deregister its securities. White Grotto Acquisition Corporation: Form 10 filed on March 3, 2015 file number 000-55391. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on September 15, 2015 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek has received $100,000 for the aggregate of its services. The name of the corporation was changed to PowerComm Holdings Inc. The company filed a registration statement on Form S-1 in June 2017. 33 ______________________________________________________________________ Southern Ridge Acquisition Corporation: Form 10 filed on July 28, 2015 file number 000-55480. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on November 19, 2015 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek has received $45,000 to date for the aggregate of its services. The name of the corporation was changed to A2M Regenerative Technologies, Inc. In review of the public records available on the SEC web site, the company has not filed public reports since 2016. Western Ridge Acquisition Corporation: Form 10 filed on July 28, 2015 file number 000-55478. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on April 25, 2016 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber creek received $75,000. The name of the corporation was changed to Sella Care, Inc. and the company is an operating company. Northern Ridge Acquisition Corporation: Form 10 filed on July 28, 2015 file number 000-55479. Mr. Cassidy and Mr. McKillop are both directors of the corporation and serve as president and vice president, respectively. Mr. Cassidy and Mr. McKillop are the shareholders and each is the owner of 10,000,000 shares. Northern Ridge changed its name to MQ Medical Technologies in anticipation of a change in control but the documents to effect such change in control have not yet been finalized. Eastern Ridge Acquisition Corporation: Form 10 filed on July 28, 2015 file number 000-55481. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on January 6, 2016 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek has received $30,000 to date for the aggregate of its services. The name of the corporation was changed to Khang Gia Holding, Inc. In review of the public records available on the SEC web site, the company has not filed public reports since 2016. Riding Ridge Acquisition Corporation: Form 10 filed on July 28, 2015 file number 000-55486. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on April 22, 2016 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek received $90,000. The name of the corporation was changed to Soft iCastle, Inc. In review of the public records available on the SEC web site, the company has not filed public reports since 2016. 34 ______________________________________________________________________ Kayak Ridge Acquisition Corporation: Form 10 filed on July 28, 2015 file number 000-55487. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on May 16, 2016 with the redemption of an aggregate of 19,400,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Messrs. Cassidy and McKillop each retained 300,000 shares of stock and Tiber Creek received $20,000. The name of the corporation was changed to Soul Delicious 3 Corp. In review of the public records available on the SEC web site, the company has not filed public reports since 2016. Camping Ridge Acquisition Corporation: Form 10 filed on July 28, 2015 file number 000-55482. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on January 20, 2016 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek has received $25,000 to date for the aggregate of its services. The name of the corporation was changed to Atlantis Gaming Corporation. The company filed a Form 15-12G in May 2017 to deregister its securities Hunting Ridge Acquisition Corporation: Form 10 filed on July 28, 2015 file number 000-55485. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on February 16, 2016 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek has received $85,000 to date for the aggregate of its services. The name of the corporation was changed to Universal Holdings and Consulting, Inc. In review of the public records available on the SEC web site, the company has not filed public reports since 2016. Hiking Ridge Acquisition Corporation: Form 10 filed on July 28, 2015 file number 000-55484. Mr. Cassidy and Mr. McKillop are both directors of the corporation and serve as president and vice president, respectively. Mr. Cassidy and Mr. McKillop are the shareholders and each is owner of 10,000,000 shares. Hiking Ridge changed its name to United Energies Development Corporation in anticipation of a change in control but the documents to effect such change in control have not yet been finalized. Fishing Ridge Acquisition Corporation: Form 10 filed on July 28, 2015 file number 000-55483. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on January 8, 2016 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek has received $50,000 to date for the aggregate of its services. The name of the corporation was changed to Digital Donations Technologies, Inc. The company filed a registration statement on Form S-1 which was declared effective in July 2017. 35 ______________________________________________________________________ Burney Hill Acquisition Corporation: Form 10 filed on January 7, 2016 file number 000-55559. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on May 13, 2016 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek has received $34,000. The name of the corporation was changed to Global Marine Minerals, Inc. In review of the public records available on the SEC web site, the company has not filed public reports since 2016. Cabot Hill Acquisition Corporation: Form 10 filed on January 7, 2016 file number 000-55560. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on April 22, 2016 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek has received $30,000. The name of the corporation was changed to Midas Read Estate Ventures Inc. In review of the public records available on the SEC web site, the company has not filed public reports since 2016. Event Hill Acquisition Corporation: Form 10 filed on January 7, 2016 file number 000-55562. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on May 26, 2016 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek has received $55,000. The name of the corporation was changed to Lepora Holdings, Inc. Franklin Hill Acquisition Corporation: Form 10 filed on January 7, 2016 file number 000-55561. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on May 20, 2016 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek has received $100,000. The company filed a registration statement on Form S-1 which was declared effective in July 2017. 36 ______________________________________________________________________ Grant Hill Acquisition Corporation: Form 10 filed on January 7, 2016 file number 000-55564. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on April 19, 2016 with the redemption of an aggregate of 19,400,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Messrs. Cassidy and McKillop each retained 300,000 shares of stock and Tiber Creek received $85,000. The name of the corporation was changed to KT High-Tech Marketing Inc. A registration statement on Form S-1 was filed and declared effective in October 2016. Jackson Hill Acquisition Corporation: Form 10 filed on January 7, 2016 file number 000-55563. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on June 29, 2016 with the redemption of an aggregate of 15,000,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Messrs. Cassidy and McKillop each retained 2,500,000 shares of stock and Tiber Creek received $90,000. The name of the corporation was changed to Unity Global Holdings Inc. Lincoln Hill Acquisition Corporation: Form 10 filed on January 7, 2016 file number 000-55565. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on April 20, 2016 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek has received $85,000. The name of the corporation was changed to BookCoins Inc. and later changed to BCI Group, Inc. and subsequently changed to ASN Satellites Inc. Perry Hill Acquisition Corporation: Form 10 filed on January 7, 2016 file number 000-55566. Mr. Cassidy and Mr. McKillop are both directors of the corporation and serve as president and vice president, respectively. Mr. Cassidy and Mr. McKillop are the shareholders and each is owner of 10,000,000 shares. Scott Hill Acquisition Corporation: Form 10 filed on January 7, 2016 file number 000-55567. Mr. Cassidy and Mr. McKillop are both directors of the corporation and serve as president and vice president, respectively. Mr. Cassidy and Mr. McKillop are the shareholders and each is owner of 10,000,000 shares. 37 ______________________________________________________________________ Sherman Hill Acquisition Corporation: Form 10 filed on January 7, 2016 file number 000-55568. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on July 5, 2016 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock at a per share redemption price at par of $.0001, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek received $80,000. The name of the corporation was changed to Geo Reserve Corporation. In review of the public records available on the SEC web site, the company has not filed public reports since 2016. Coral Island Acquisition Corporation: Form 10 filed on May 2, 2016 file number 000-55628. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on July 27, 2016 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek received $75,000. The name of the corporation was changed to Premier Hopkins International Corporation. The company filed a Form 15-12G on November 29, 2016 to deregister its securities. Collins Island Acquisition Corporation: Form 10 filed on May 2, 2016 file number 000-55630. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on July 27, 2016 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek has received $85,000. The name of the corporation was changed to Doers Education Asean Limited. The company filed a registration statement on Form S-1 which was declared effective on March 6, 2017. The company filed a Form D in April 2017. Agate Island Acquisition Corporation: Form 10 filed on May 2, 2016 file number 000-55631. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on May 4, 2017 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek received $85,000. The name of the corporation was changed to China Biotech Company Corporation. 38 ______________________________________________________________________ Jade Island Acquisition Corporation: Form 10 filed on May 2, 2016 file number 000-55632. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on August 31, 2017 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek has received $80,000. The name of the corporation was changed to Extreme Energy Solutions Inc. Opal Island Acquisition Corporation: Form 10 filed on May 2, 2016 file number 000-55633. Mr. Cassidy and Mr. McKillop are both directors of the corporation and serve as president and vice president, respectively. Mr. Cassidy and Mr. McKillop are the shareholders and each is owner of 10,000,000 shares. Topaz Island Acquisition Corporation: Form 10 filed on May 2, 2016 file number 000-55634. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on December 22, 2016 with the redemption of an aggregate of 19,400,000 shares of the then outstanding 20,000,000 shares of common stock, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Messrs. Cassidy and McKillop each retained 300,000 shares of stock and Tiber Creek has received $50,000. The name of the corporation was changed to Diverse Development Group Inc. The company filed a registration statement on Form S-1 which was declared effective in June 2017. Diamond Island Acquisition Corporation: Form 10 filed on May 2, 2016 file number 000-55637. Mr. Cassidy and Mr. McKillop are both directors of the corporation and serve as president and vice president, respectively. Mr. Cassidy and Mr. McKillop are the shareholders and each is owner of 10,000,000 shares. The company filed a change of its name to Development Capital Australia Corporation in anticipation of a change in control. When, and if, the change of control is effected, the company will file a Form 8-K. Garnet Island Acquisition Corporation: Form 10 filed on May 2, 2016 file number 000-55636. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on September 29, 2016 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek has received $80,000. The name of the corporation was changed to LeGall Holdings, Inc. The company filed a registration statement on Form S-1 in February 2017. 39 ______________________________________________________________________ Ruby Island Acquisition Corporation: Form 10 filed on May 2, 2016 file number 000-55635. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on December 19, 2016 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek has received $100,000. The name of the corporation was changed to A La Carte Charts Corporation. The company filed a registration statement on Form S-1 which was declared effective in July 2017. Crow Street Acquisition Corporation: Form 10 filed on August 9, 2016 file number 000-55675. Mr. Cassidy and Mr. McKillop are both directors of the corporation and serve as president and vice president, respectively. Mr. Cassidy and Mr. McKillop are the shareholders and each is owner of 10,000,000 shares. The Company is in discussion for a possible change in control of this company and has changed its name to JiMari International, Inc. in anticipation of such a change in control but no final documents have been executed. When, and if, such a change of control is effected, the Company will file a Form 8-K. Dove Street Acquisition Corporation: Form 10 filed on August 9, 2016 file number 000-55673. Mr. Cassidy and Mr. McKillop were both directors of the corporation and served as president and vice president, respectively. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on January 13, 2017 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek has received $100,000. The name of the corporation was changed to Anvia Holdings Corporation. 40 ______________________________________________________________________ Finch Street Acquisition Corporation: Form 10 filed on August 9, 2016 file number 000-55678. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on March 14, 2017 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek has received $75,000. The name of the corporation was changed to Fah Mai Holdings, Inc. Hawk Street Acquisition Corporation: Form 10 filed on August 9, 2016 file number 000-55676. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on March 3, 2017 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek has received $80,000. Heron Street Acquisition Corporation: Form 10 filed on August 9, 2016 file number 000-55671. Mr. Cassidy and Mr. McKillop are both directors of the corporation and serve as president and vice president, respectively. Mr. Cassidy and Mr. McKillop are the shareholders and each is owner of 10,000,000 shares. Lark Street Acquisition Corporation: Form 10 filed on August 9, 2016 file number 000-55670. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on March 14, 2017 with the redemption of all 20,000,000 shares of the then outstanding 20,000,000 shares of common stock, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Tiber Creek has received $95,000. The name of the corporation was changed to American Standard Wallet, Inc. and subsequently changed to Monetiva Inc. Robin Street Acquisition Corporation: Form 10 filed on August 9, 2016 file number 000-55674. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on June 8, 2017 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek has received $85,000. The name of the corporation was changed to Ventura Sports and Entertainment Inc. 41 ______________________________________________________________________ Sparrow Street Acquisition Corporation: Form 10 filed on August 9, 2016 file number 000-55679. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on April 21, 2017 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek has received $80,000. The name of the corporation was changed to Celebiddy, Inc. Starling Street Acquisition Corporation: Form 10 filed on August 9, 2016 file number 000-55672. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on June 22, 2017 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek has received $50,000. The company changed its name to Alife Corporation. Wren Street Acquisition Corporation: Form 10 filed on August 9, 2016 file number 000-55677. Mr. Cassidy and Mr. McKillop are both directors of the corporation and serve as president and vice president, respectively. Mr. Cassidy and Mr. McKillop are the shareholders and each is owner of 10,000,000 shares. 42 ______________________________________________________________________ Bush Sound Acquisition Corporation: Form 10 filed on January 18, 2017, file number 000-55734. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on May 17, 2017 with the redemption of an aggregate of all 20,000,000 shares of the then outstanding 20,000,000 shares of common stock, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Tiber Creek has received $75,000. The name of the corporation was changed to Golden Rush Inc. Echo Sound Acquisition Corporation: Form 10 filed on January 18, 2017 file number 000-55735. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on September 1, 2017 with the redemption of an aggregate of 19,750,000 shares of the then outstanding 20,000,000 shares of common stock, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Messrs. Cassidy and McKillop each retained 125,000 shares of stock and Tiber Creek has received $55,000. The name of the corporation was changed to European CPG Acquisition Corp. and subsequently changed to Veroni Brands Corp. Forest Sound Acquisition Corporation: Form 10 filed on January 18, 2017 file number 000-55736. Mr. Cassidy and Mr. McKillop are both directors of the corporation and serve as president and vice president, respectively. Mr. Cassidy and Mr. McKillop are the shareholders and each is owner of 10,000,000 shares. Park Sound Acquisition Corporation: Form 10 filed on January 18, 2017 file number 000-55737. Mr. Cassidy and Mr. McKillop are both directors of the corporation and serve as president and vice president, respectively. Mr. Cassidy and Mr. McKillop are the shareholders and each is owner of 10,000,000 shares. Rain Sound Acquisition Corporation: Form 10 filed on January 18, 2017 file number 000-55738. Mr. Cassidy and Mr. McKillop were the shareholders and each was the owner of 10,000,000 shares. The corporation filed a Form 8-K noticing the change of control on November 22, 2017 with the redemption of an aggregate of 19,500,000 shares of the then outstanding 20,000,000 shares of common stock, the issuance of shares of common stock at a per share price at par of $.0001, the election of new directors and appointment of new officers. Messrs. Cassidy and McKillop each resigned from all offices and as directors. Messrs. Cassidy and McKillop each retained 250,000 shares of stock and Tiber Creek has received $40,000. The name of the corporation was changed to Allyme Holdings Inc. Rough Sound Acquisition Corporation: Form 10 filed on January 18, 2017 file number 000-55739. Mr. Cassidy and Mr. McKillop are both directors of the corporation and serve as president and vice president, respectively. Mr. Cassidy and Mr. McKillop are the shareholders and each is owner of 10,000,000 shares. 43 ______________________________________________________________________ Still Sound Acquisition Corporation: Form 10 filed on January 18, 2017 file number 000-55740. Mr. Cassidy and Mr. McKillop are both directors of the corporation and serve as president and vice president, respectively. Mr. Cassidy and Mr. McKillop are the shareholders and each is owner of 10,000,000 shares. Thicket Sound Acquisition Corporation: Form 10 filed on January 18, 2017 file number 000-55741. Mr. Cassidy and Mr. McKillop are both directors of the corporation and serve as president and vice president, respectively. Mr. Cassidy and Mr. McKillop are the shareholders and each is owner of 10,000,000 shares. Calla Grove Acquisition Corporation: Form 10 filed on May 17, 2017 file number 000-55808. Mr. Cassidy and Mr. McKillop are both directors of the corporation and serve as president and vice president, respectively. Mr. Cassidy and Mr. McKillop are the shareholders and each is owner of 10,000,000 shares. Iris Grove Acquisition Corporation: Form 10 filed on May 17, 2017 file number 000-55809. Mr. Cassidy and Mr. McKillop are both directors of the corporation and serve as president and vice president, respectively. Mr. Cassidy and Mr. McKillop are the shareholders and each is owner of 10,000,000 shares. Lily Grove Acquisition Corporation: Form 10 filed on May 17, 2017 file number 000-55810. Mr. Cassidy and Mr. McKillop are both directors of the corporation and serve as president and vice president, respectively. Mr. Cassidy and Mr. McKillop are the shareholders and each is owner of 10,000,000 shares. Orchid Grove Acquisition Corporation: Form 10 filed on May 17, 2017 file number 000-55812. Mr. Cassidy and Mr. McKillop are both directors of the corporation and serve as president and vice president, respectively. Mr. Cassidy and Mr. McKillop are the shareholders and each is owner of 10,000,000 shares. Peony Grove Acquisition Corporation: Form 10 filed on May 17, 2017 file number 000-55811. Mr. Cassidy and Mr. McKillop are both directors of the corporation and serve as president and vice president, respectively. Mr. Cassidy and Mr. McKillop are the shareholders and each is owner of 10,000,000 shares. Rose Grove Acquisition Corporation: Form 10 filed on May 17, 2017 file number 000-55813. Mr. Cassidy and Mr. McKillop are both directors of the corporation and serve as president and vice president, respectively. Mr. Cassidy and Mr. McKillop are the shareholders and each is owner of 10,000,000 shares. Calla Grove Acquisition Corporation: Form 10 filed on May 17, 2017 file number 000-55814. Mr. Cassidy and Mr. McKillop are both directors of the corporation and serve as president and vice president, respectively. Mr. Cassidy and Mr. McKillop are the shareholders and each is owner of 10,000,000 shares. Tulip Grove Acquisition Corporation: Form 10 filed on May 17, 2017 file number 000-55807. Mr. Cassidy and Mr. McKillop are both directors of the corporation and serve as president and vice president, respectively. Mr. Cassidy and Mr. McKillop are the shareholders and each is owner of 10,000,000 shares. 44 ______________________________________________________________________ Conflicts of Interest The officers and directors of the Company have organized and expect to organize other companies with an identical structure, purpose, officers, directors and shareholders. The listed blank check companies are identical except for the name. As and when created, no one blank check company offers management any more favorable terms. As such management believes there are no conflicts of interest with these companies. After Tiber Creek engages a private company that wishes to become a public company and the decision is made to utilize a blank check company as part of that process, the client of Tiber Creek will choose one of the blank check companies at random. In addition, any negotiation with such private company as to the amount of equity interest to be retained by the then current shareholders, if any, and all other compensation or consulting arrangements occurs before the actual selection of the exact blank check company to be used. Thus no conflict of interest arises for management between any of the blank check companies nor is there any favorable positive or negative competitive position for management with any of the blank check companies. In addition to the above listed companies, Messrs. Cassidy and McKillop are also the directors of, and shareholders of the following companies which have filed registration statements on Form 10 for the registration of their common stock pursuant to the Securities Exchange Act concurrently with the filing of this registration statement: Aspen Forest Acquisition Corporation Dense Forest Acquisition Corporation Hickory Forest Acquisition Corporation Hidden Forest Acquisition Corporation Maple Forest Acquisition Corporation Snowy Forest Acquisition Corporation Walnut Forest Acquisition Corporation Willow Forest Acquisition Corporation Mr. Cassidy and/or Mr. McKillop may become associated with additional blank check companies prior to the time that Birch Forest has effected a business combination. Mr. Cassidy is the principal of Cassidy & Associates, a securities law firm. As such, demands may be placed on the time of Mr. Cassidy which will detract from the amount of time he is able to devote to the Company. Mr. Cassidy intends to devote as much time to the activities of Birch Forest as required. However, should such a conflict arise, there is no assurance that Mr. Cassidy would not attend to other matters prior to those of Birch Forest. 45 ______________________________________________________________________ At the time of a business combination, some or all of the shares of common stock owned by the current shareholders may be retired or redeemed by the Company. The amount of common stock which may be sold or continued to be owned by the current shareholders cannot be determined at this time. The terms of a business combination may provide for a nominal payment by cash to the current shareholders for the retirement of all or part of the common stock owned by them. Investment Company Act of 1940 Although Birch Forest will be subject to regulation under the Securities Act and the Exchange Act, management believes Birch Forest will not be subject to regulation under the Investment Company Act of 1940 insofar as Birch Forest will not be engaged in the business of investing or trading in securities. In the event Birch Forest engages in business combinations which result in Birch Forest holding passive investment interests in a number of entities, Birch Forest could be subject to regulation under the Investment Company Act of 1940. In such event, Birch Forest would be required to register as an investment company and could be expected to incur significant registration and compliance costs. Birch Forest has obtained no formal determination from the Securities and Exchange Commission as to the status of Birch Forest under the Investment Company Act of 1940. Any violation of such Act would subject Birch Forest to material adverse consequences. ITEM 6. EXECUTIVE COMPENSATION The officers and directors of Birch Forest do not receive any compensation for services to Birch Forest, have not received such compensation in the past, and are not accruing any compensation. However, the officers and directors of Birch Forest are also the shareholders and anticipate receiving possible benefits as shareholders if the value of the shares of Birch Forest increase after a business transaction is effected as in such business transaction they will likely retain some of their shares in Birch Forest and would benefit from any such increase in share value. No retirement, pension, profit sharing, stock option or insurance programs or other similar programs have been adopted by Birch Forest for the benefit of employees. 46 ______________________________________________________________________ ITEM 7. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS AND DIRECTOR INDEPENDENCE. As of December 31, 2017 Birch Forest has issued a total of 20,000,000 shares of founder common stock pursuant to Section 4(2) of the Securities Act for services performed for the Company with a valuation of an aggregate of $2,000. James Cassidy is president, director and sole shareholder of Tiber Creek and Mr. Cassidy is a shareholder of Birch Forest. As the organizers and developers of Birch Forest, James Cassidy and James McKillop may be considered promoters of the Registrant. Birch Forest is not currently required to maintain an independent director as defined by Rule 4200 of the Nasdaq Capital Market nor does it anticipate that it will be applying for listing of its securities on an exchange in which an independent directorship is required. It is likely that neither Mr. Cassidy nor Mr. McKillop would be considered independent directors if it were to do so. ITEM 8. LEGAL PROCEEDINGS There is no litigation pending or threatened by or against Birch Forest. ITEM 9. MARKET PRICE OF AND DIVIDENDS ON THE REGISTRANT'S COMMON EQUITY AND RELATED STOCKHOLDER MATTERS (a) Market Price. There is no trading market for Birch Forest's common stock and there has been no trading market to date. There is no assurance that a trading market will ever develop or, if such a market does develop, that it will continue. There is no common stock or other equity subject to any outstanding options or warrants or any securities convertible into common stock of Birch Forest nor is any common stock currently being publicly offered by Birch Forest. At the time of this registration, no shares issued by Birch Forest are available for sale pursuant to Rule 144 promulgated pursuant to the Rules and Regulations of the Securities and Exchange Commission but after the requisite holding period, the shareholders of Birch Forest could offer their shares for sale pursuant to such rule. However, all the shareholders of Birch Forest are officers and directors and as such are subject to the rules governing affiliated persons for sales pursuant to Rule 144. Pursuant to Rule 144(i) of the Securities Act of 1933, the safe harbor provisions provided under Rule 144 are not available to shareholders of the Company and will continue to be unavailable until at least one year after the Company ceases to be a company with no or nominal operations and has filed all reports and other materials required to be filed by section 13 or 15(d) of the Exchange Act, as applicable, during the preceding 12 months. (b) Holders. The issued and outstanding shares of the common stock of Birch Forest were issued to the shareholders in accordance with the exemptions from registration afforded by Section 4(2) of the Securities Act of 1933. (c) Dividends. Birch Forest has not paid any dividends to date, and has no plans to do so in the immediate future. Birch Forest presently intends to retain all earnings, if any, for use in its business operations and accordingly, the Board of Directors does not anticipate declaring any dividends prior to a business combination. Dividends, if any, would be contingent upon Birch Forest's revenues and earnings, if any, capital requirements and financial conditions. The payment of dividends would be within the discretion of Birch Forest's Board of Directors. 47 ______________________________________________________________________ ITEM 10. RECENT SALES OF UNREGISTERED SECURITIES. As of December 31, 2017, the Company has issued 20,000,000 common shares pursuant to Section 4(2) of the Securities Act of 1933 to its founders. On December 1, 2017, the Company issued the following shares of its common stock for services rendered to the Company: Name Number of Shares Consideration James Cassidy (1) 10,000,000 For services rendered valued at $1,000 James McKillop (2) 10,000,000 For services rendered valued at $1,000 (1) James Cassidy is the president, secretary, and a director of the Company. (2) James McKillop is the vice president and a director of the Company. ITEM 11. DESCRIPTION OF REGISTRANT'S SECURITIES TO BE REGISTERED The authorized capital stock of Birch Forest consists of 100,000,000 shares of common stock, par value $0.0001 per share, of which there are 20,000,000 issued and outstanding and 20,000,000 shares of preferred stock, par value $0.0001 per share, of which none have been designated or issued. The following statements relating to the capital stock set forth the material terms of the securities of Birch Forest; however, reference is made to the more detailed provisions of, and such statements are qualified in their entirety by reference to, the certificate of incorporation and the by-laws, copies of which are filed as exhibits to this registration statement. Common Stock Holders of shares of common stock are entitled to one vote for each share on all matters to be voted on by the stockholders. Holders of common stock do not have cumulative voting rights. Holders of common stock are entitled to share ratably in dividends, if any, as may be declared from time to time by the Board of Directors in its discretion from funds legally available therefor. In the event of a liquidation, dissolution or winding up of Birch Forest, the holders of common stock are entitled to share pro rata all assets remaining after payment in full of all liabilities. All of the outstanding shares of common stock are fully paid and non-assessable. Holders of common stock have no preemptive rights to purchase the common stock of Birch Forest. There are no conversion or redemption rights or sinking fund provisions with respect to the common stock. 48 ______________________________________________________________________ Preferred Stock The Board of Directors is authorized to provide for the issuance of shares of preferred stock in series and, by filing a certificate pursuant to the applicable law of Delaware, to establish from time to time the number of shares to be included in each such series, and to fix the designation, powers, preferences and rights of the shares of each such series and the qualifications, limitations or restrictions thereof without any further vote or action by the shareholders. Any shares of preferred stock so issued would have priority over the common stock with respect to dividend or liquidation rights. Any future issuance of preferred stock may have the effect of delaying, deferring or preventing a change in control of Birch Forest without further action by the shareholders and may adversely affect the voting and other rights of the holders of common stock. At present, Birch Forest has no plans to issue any preferred stock nor adopt any series, preferences or other classification of preferred stock. The issuance of shares of preferred stock, or the issuance of rights to purchase such shares, could be used to discourage an unsolicited acquisition proposal. For instance, the issuance of a series of preferred stock might impede a business combination by including class voting rights that would enable the holder to block such a transaction, or facilitate a business combination by including voting rights that would provide a required percentage vote of the stockholders. In addition, under certain circumstances, the issuance of preferred stock could adversely affect the voting power of the holders of the common stock. Although the Board of Directors is required to make any determination to issue such stock based on its judgment as to the best interests of the stockholders of Birch Forest, the Board of Directors could act in a manner that would discourage an acquisition attempt or other transaction that some, or a majority, of the stockholders might believe to be in their best interests or in which stockholders might receive a premium for their stock over the then market price of such stock. The Board of Directors does not at present intend to seek stockholder approval prior to any issuance of currently authorized stock, unless otherwise required by law or otherwise. Birch Forest has no present plans to issue any preferred stock. Trading of Securities in Secondary Market Following a business combination, a private company will normally wish to cause Birch Forest's common stock to trade in one or more United States securities markets. The private company may elect to take the steps required for such admission to quotation following the business combination or at some later time. Such steps will normally involve filing a registration statement under the Securities Act. Such registration statement may include securities held by current shareholders or offered by Birch Forest, including warrants, shares underlying warrants, and debt securities. 49 ______________________________________________________________________ In order to qualify for listing on the Nasdaq Capital Market, a company must have at least (i) net tangible assets of $4,000,000 or market capitalization of $50,000,000 or net income for two of the last three years of $750,000; (ii) public float of 1,000,000 shares with a market value of $5,000,000; (iii) a bid price of $4.00; (iv) three market makers; (v) 300 round-lot shareholders and (vi) an operating history of one year or, if less than one year, $50,000,000 in market capitalization. For continued listing on the Nasdaq Capital Market, a company must have at least (i) net tangible assets of $2,000,000 or market capitalization of $35,000,000 or net income for two of the last three years of $500,000; (ii) a public float of 500,000 shares with a market value of $1,000,000; (iii) a bid price of$1.00; (iv) two market makers; and (v) 300 round-lot shareholders. In 2011, the NASDAQ Stock Market adopted additional listing requirements for a company that became a 1934 Act reporting company by effecting a business combination with a public shell, whether through a reverse merger, exchange offer, or otherwise. These new requirements include (i) trading for at least one year on the OTC market or another national or foreign exchange (ii) filing of all required information, including financial, regarding the business combination (iii) timely filing of all required periodic financial reports for the prior year, which would include at least one annual report filing and (iv) maintenance of a $4 share price for at least 30 of the most recent 60 trading days prior to the initial listing application. If, after a business combination and qualification of its securities for trading, Birch Forest does not meet the qualifications for listing on the Nasdaq Capital Market, Birch Forest may apply for quotation of its securities on the OTC Bulletin Board. In order to have its securities quoted on the OTC Bulletin Board a company must (i) be a company that reports its current financial information to the Securities and Exchange Commission, banking regulators or insurance regulators; and (ii) have at least one market maker who completes and files a Form 211. The OTC Bulletin Board is a dealer-driven quotation service. Unlike the Nasdaq Stock Market, companies cannot directly apply to be quoted on the OTC Bulletin Board, only market makers can initiate quotes, and quoted companies do not have to meet any quantitative financial requirements. Any equity security of a reporting company not listed on the Nasdaq Stock Market or on a national securities exchange is eligible. In certain cases Birch Forest may elect to have its securities initially quoted in the Pink Sheets published by Pink OTC Markets Inc. In general there is greatest liquidity for traded securities on the Nasdaq Capital Market, less on the OTC Bulletin Board, and least through quotation on the Pink Sheets. It is not possible to predict where, if at all, the securities of Birch Forest will be traded following a business combination and qualification of its securities for trading. 50 ______________________________________________________________________ The National Securities Market Improvement Act of 1996 limited the authority of states to impose restrictions upon resales of securities made pursuant to Sections 4(1) and 4(3) of the Securities Act of companies which file reports under Sections 13 or 15(d) of the Exchange Act. Upon effectiveness of this registration statement, Birch Forest will be required to, and will, file reports under Section 13 of the Exchange Act. As a result, sales of Birch Forest's common stock in the secondary market by the holders thereof may then be made pursuant to Section 4(1) of the Securities Act (sales other than by an issuer, underwriter or broker) without qualification under state securities acts. The resale of such shares may be subject to the holding period and other requirements of Rule 144 of the General Rules and Regulations of the Securities and Exchange Commission. Additional Information This registration statement and all other filings of Birch Forest when made with the Securities and Exchange Commission may be viewed and downloaded at the Securities and Exchange Commission's website at www.sec.gov. Birch Forest will be subject to the reporting requirements of the Securities Act of 1934 automatically 60 days after filing of this registration statement. ITEM 12. INDEMNIFICATION OF DIRECTORS AND OFFICERS. Section 145 of the General Corporation Law of the State of Delaware provides that a certificate of incorporation may contain a provision eliminating the personal liability of a director to the corporation or its stockholders for monetary damages for breach of fiduciary duty as a director provided that such provision shall not eliminate or limit the liability of a director (i) for any breach of the director's duty of loyalty to the corporation or its stockholders, (ii) for acts or omissions not in good faith or which involve intentional misconduct or a knowing violation of law, (iii) under Section 174 (relating to liability for unauthorized acquisitions or redemptions of, or dividends on, capital stock) of the General Corporation Law of the State of Delaware, or (iv) for any transaction from which the director derived an improper personal benefit. Birch Forest's certificate of incorporation contains such a provision. 51 ______________________________________________________________________ Insofar as indemnification for liabilities arising under the Securities Act of 1933, as amended, may be permitted to directors, officers or persons controlling the company pursuant to the foregoing provisions, it is the opinion of the Securities and Exchange Commission that such indemnification is against public policy as expressed in the Act and is therefore unenforceable. ITEM 13. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA. Birch Forest is a smaller reporting company in accordance with Regulation S-X. ITEM 14. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE. Birch Forest has not changed accountants since its formation and there are no disagreements with the findings of its accountants. ITEM 15. FINANCIAL STATEMENTS AND EXHIBITS. Set forth below are the audited financial statements for Birch Forest for the period ended December 31, 2017. The following financial statements are attached to this report and filed as a part thereof. 52 ______________________________________________________________________ FINANCIAL STATEMENTS FOR Period from December 1, 2017 (Inception) to December 31, 2017 ______________________________________________________________________ FINANCIAL STATEMENTS Report of Independent Registered Public Accounting Firm 1 Financial Statements 2-5 Notes to Financial Statements 6-9 ______________________________________________________________________ KCCW Accountancy Corp. CERTIFIED PUBLIC ACCOUNTANTS REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Board of Directors Birch Forest Acquisition Corporation We have audited the accompanying balance sheet of Birch Forest Acquisition Corporation (the "Company") as of December 31, 2017, and the related statements of operations, changes in stockholders' deficit and cash flows for the period from December 1, 2017 (Inception) to December 31, 2017. These financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. The Company was not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. Our audit included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company's internal control over financial reporting. Accordingly, we express no such opinion. Our audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. Our audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion. In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the Company as of December 31, 2017 and the results of its operations and its cash flows from December 1, 2017 (Inception) to December 31, 2017 in conformity with accounting principles generally accepted in the United States of America. The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 2 to the financial statements, the Company has had no revenues and income since inception. These conditions, among others, raise substantial doubt about the Company's ability to continue as a going concern. Management's plans concerning these matters are also described in Note 2, which includes the raising of additional equity financing or merger with another entity. The financial statements do not include any adjustments that might result from the outcome of this uncertainty. /s/ KCCW Accountancy Corp. Alhambra, California January 15, 2018 1 ______________________________________________________________________ BIRCH FOREST ACQUISITION CORPORATION BALANCE SHEET ASSETS December 31, 2017 ------------------ Current assets Cash $ - --------------- Total assets $ - =============== LIABILITIES AND SHAREHOLDERS' DEFICIT Current liabilities Accrued liabilities $ 1,000 --------------- Total liabilities 1,000 --------------- Stockholders' deficit Preferred stock, $0.0001 par value, 20,000,000 shares authorized; none outstanding as of December 31, 2017 - Common stock, $0.0001 par value, 100,000,000 shares authorized; 20,000,000 shares issued and outstanding as of December 31, 2017 2,000 Additional paid-in capital 312 Accumulatd deficit (3,312) --------------- Total stockholders' deficit (1,000) --------------- Total liabilities and stockholders' deficit $ - ================ The accompanying notes are an integral part of these financial statements. 2 ______________________________________________________________________ BIRCH FOREST ACQUISITION CORPORATION STATEMENT OF OPERATIONS For the period from December 1, 2017 (Inception) to December 31, 2017 ----------------- Revenue $ - Cost of revenue - ----------------- Gross profit - ----------------- Operating expenses 3,312 ----------------- Loss before income taxes (3,312) Income tax expense - ----------------- Net loss $ (3,312) ================== Loss per share - basic and diluted $ (0.00) ================== Weighted average shares-basic and diluted 20,000,000 ------------------ The accompanying notes are an integral part of these financial statements. 3 ______________________________________________________________________
BIRCH FOREST ACQUISITION CORPORATION STATEMENT OF STOCKHOLDERS' DEFICIT Common Stock Additional Accumu- Total ------------------- Paid-in lated Stockholders' Shares Amount Capital Deficit Deficit ---------- ------- --------- ------- ----------- Balance, December 1, 2017 (Inception) - $ - $ - $ - $ - Issuance of common stock for service 20,000,000 2,000 - - 2,000 Additional paid-in capital - - 312 - 312 Net loss - - - (3,312) (3,312) ---------- ------- --------- -------- -------- Balance, December 31, 2017 20,000,000 $ 2,000 $ 312 $(3,312) $(1,000) ========== ======== ======== ======== ======== The accompanying notes are an integral part of these financial statements. 4
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BIRCH FOREST ACQUISITION CORPORATION STATEMENT OF CASH FLOWS For the period from December 1, 2017 (Inception) to December 31, 2017 -------------- OPERATING ACTIVITIES Net loss $ (3,312) Non-cash adjustments to reconcile net loss to net cash: Expenses paid for by stockholder and contributed as capital 312 Common Stock issued for services 2,000 Changes in Operating Assets and Liabilities: Accrued liabilities 1,000 ------------- Net cash used in operating activities - ------------- Net increase in cash - Cash, beginning of period - ------------- Cash, end of period $ - ============= SUPPLEMENTAL DISCLOSURES Cash paid during the period for: Income tax $ - ============= Interest $ - ============= The accompanying notes are an integral part of these financial statements. 5
______________________________________________________________________ BIRCH FOREST ACQUISITION CORPORATION Notes to Financial Statements NOTE 1 NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES NATURE OF OPERATIONS Birch Forest Acquisition Corporation ("Birch Forest" or "the Company") was incorporated on December 1, 2017 under the laws of the state of Delaware to engage in any lawful corporate undertaking, including, but not limited to, selected mergers and acquisitions. The Company has been in the developmental stage since inception and its operations to date have been limited to issuing shares to its original shareholders. The Company will attempt to locate and negotiate with a business entity for the combination of that target company with Birch Forest. The combination will normally take the form of a merger, stock-for-stock exchange or stock-for-assets exchange. In most instances the target company will wish to structure the business combination to be within the definition of a tax-free reorganization under Section 351 or Section 368 of the Internal Revenue Code of 1986, as amended. No assurances can be given that the Company will be successful in locating or negotiating with any target company. The Company has been formed to provide a method for a foreign or domestic private company to become a reporting company with a class of securities registered under the Securities Exchange Act of 1934. BASIS OF PRESENTATION The summary of significant accounting policies presented below is designed to assist in understanding the Company's financial statements. Such financial statements and accompanying notes are the representations of the Company's management, who are responsible for their integrity and objectivity. These accounting policies conform to accounting principles generally accepted in the United States of America ("GAAP") in all material respects, and have been consistently applied in preparing the accompanying financial statements. The Company has not earned any revenue from operations since inception. Accordingly, the Company's activities have been accounted for as those of a "Development Stage Enterprise" as set forth in ASC 915, "Development Stage Entities." Among the disclosures required by ASC 915, are that the Company's financial statements be identified as those of a development stage company, and that the statements of operations, stockholders' equity and cash flows disclose activity since the date of the Company's inception. The Company chose December 31 as its fiscal year end. USE OF ESTIMATES The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates. 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. The Company did not have cash equivalents as of December 31, 2017. CONCENTRATION OF RISK Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash. The Company places its cash with high quality banking institutions. The Company did not have cash balances in excess of the Federal Deposit Insurance Corporation limit as of December 31, 2017. 6 ______________________________________________________________________ BIRCH FOREST ACQUISITION CORPORATION Notes to Financial Statements INCOME TAXES Under ASC 740, "Income Taxes," deferred tax assets and liabilities are recognized for the future tax consequences attributable to temporary 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 years in which those temporary differences are expected to be recovered or settled. Valuation allowances are established when it is more likely than not that some or all of the deferred tax assets will not be realized. As of December 31, 2017 there were no deferred taxes due to the uncertainty of the realization of net operating loss or carry forward prior to expiration. LOSS PER COMMON SHARE Basic loss per common share excludes dilution and is computed by dividing net loss by the weighted average number of common shares outstanding during the period. Diluted loss per common share reflect the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the loss of the entity. As of December 31, 2017, there are no outstanding dilutive securities. FAIR VALUE OF FINANCIAL INSTRUMENTS The Company follows guidance for accounting for fair value measurements of financial assets and financial liabilities and for fair value measurements of nonfinancial items that are recognized or disclosed at fair value in the financial statements on a recurring basis. Additionally, the Company adopted guidance for fair value measurement related to nonfinancial items that are recognized and disclosed at fair value in the financial statements on a nonrecurring basis. The guidance establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to measurements involving significant unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are as follows: Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date. Level 2 inputs are inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. Level 3 inputs are unobservable inputs for the asset or liability. The carrying amounts of financial assets such as cash approximate their fair values because of the short maturity of these instruments. NOTE 2 - GOING CONCERN The Company has not yet generated any revenue since inception to date and has sustained operating loss of $3,312 during the period ended December 31, 2017. The Company had a working capital deficit of $1,000 and an accumulated deficit of $3,312 as of December 31, 2017. The Company's continuation as a going concern is dependent on its ability to generate sufficient cash flows from operations to meet its obligations and/or obtaining additional financing from its members or other sources, as may be required. 7 ______________________________________________________________________ BIRCH FOREST ACQUISITION CORPORATION Notes to Financial Statements The accompanying financial statements have been prepared assuming that the Company will continue as a going concern; however, the above condition raises substantial doubt about the Company's ability to do so. The financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classifications of liabilities that may result should the Company be unable to continue as a going concern. In order to maintain its current level of operations, the Company will require additional working capital from either cash flow from operations or from the sale of its equity. However, the Company currently has no commitments from any third parties for the purchase of its equity. If the Company is unable to acquire additional working capital, it will be required to significantly reduce its current level of operations. NOTE 3 - RECENT ACCOUNTING PRONOUNCEMENTS In November 2016, the FASB issued Accounting Standards Update No. 2016-18, "Statement of Cash Flows (Topic 230): Restricted Cash" ("ASU 2016-18"). The new guidance is intended to reduce diversity in practice by adding or clarifying guidance on classification and presentation of changes in restricted cash on the statement of cash flows. ASU 2016-18 is effective for annual and interim periods beginning after December 15, 2017. Early adoption is permitted. The amendments in this update should be applied retrospectively to all periods presented. The Company is currently evaluating the impact of adopting ASU 2016-18, which will only impact the Company to the extent it has restricted cash in the future. In August 2016, the FASB issued ASU No. 2016-15, "Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments, to address diversity in how certain cash receipts and cash payments are presented and classified in the statement of cash flows". The amendments provide guidance on the following eight specific cash flow issues: (1) Debt Prepayment or Debt Extinguishment Costs; (2) Settlement of Zero-Coupon Debt Instruments or Other Debt Instruments with Coupon Interest Rates That Are Insignificant in Relation to the Effective Interest Rate of the Borrowing; (3) Contingent Consideration Payments Made after a Business Combination; (4) Proceeds from the Settlement of Insurance Claims; (5) Proceeds from the Settlement of Corporate-Owned Life Insurance Policies, including Bank-Owned; (6) Life Insurance Policies; (7) Distributions Received from Equity Method Investees; (8) Beneficial Interests in Securitization Transactions; and Separately Identifiable Cash Flows and Application of the Predominance Principle. The amendments are effective for public business entities for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. Early adoption is permitted, including adoption in an interim period. The amendments should be applied using a retrospective transition method to each period presented. If it is impracticable to apply the amendments retrospectively for some of the issues, the amendments for those issues would be applied prospectively as of the earliest date practicable. The Company is currently evaluating the impact of this new standard on its financial statements and related disclosures. In August 2014, the FASB issued ASU No. 2014-15, "Presentation of Financial Statements Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity's Ability to Continue as a Going Concern". This standard is intended to define management's responsibility to evaluate whether there is substantial doubt about an organization's ability to continue as a going concern and to provide related footnote disclosures. Under U.S. GAAP, financial statements are prepared under the presumption that the reporting organization will continue to operate as a going concern, except in limited circumstances. Financial reporting under this presumption is commonly referred to as the going concern basis of accounting. The going concern basis of accounting is critical to financial reporting because it establishes the fundamental basis for measuring and classifying assets and liabilities. Currently, U.S. GAAP lacks guidance about management's responsibility to evaluate whether there is substantial doubt about the organization's ability to continue as a going concern or to provide related footnote disclosures. This ASU provides guidance to an organization's management, with principles and definitions that are intended to reduce diversity in the timing and content of disclosures that are commonly provided by organizations today in the financial statement footnotes. The amendments are effective for annual periods ending after December 15, 2016, and interim periods within annual periods beginning after December 15, 2016. Early application is permitted for annual or interim reporting periods for which the financial statements have not previously been issued. Management believes that the impact of this ASU to the Company's financial statements would be insignificant. 8 ______________________________________________________________________ Other recent accounting pronouncements issued by the FASB (including its Emerging Issues Task Force) and the United States Securities and Exchange Commission did not or are not believed by management to have a material impact on the Company's present or future financial statements. NOTE 4 ACCRUED LIABILITIES As of December 31, 2017 the Company had accrued professional fees of $1,000. NOTE 5 STOCKHOLDERS' DEFICIT On December 1, 2017, the Company issued 20,000,000 founders common stock to two directors and officers pro rata as founder shares for services rendered to the Company, valued at $0.0001 par value per share, or a total of $2,000. The Company is authorized to issue 100,000,000 shares of common stock and 20,000,000 shares of preferred stock. As of December 31, 2017, 20,000,000 shares of common stock and no preferred stock were issued and outstanding. NOTE 6 SUBSEQUENT EVENTS Management has evaluated subsequent events through January 15, 2018, the date which the financial statements were available to be issued. All subsequent events requiring recognition have been incorporated into these financial statements and there are no subsequent events that require disclosure in accordance with FASB ASC Topic 855, "Subsequent Events". 9 ______________________________________________________________________ INDEX TO EXHIBITS EXHIBIT NUMBER DESCRIPTION 3.1 Certificate of Incorporation of Birch Forest Acquisition Corporation 3.2 By-Laws of Birch Forest Acquisition Corporation 3.3 Specimen stock certificate of Birch Forest Acquisition Corporation ______________________________________________________________________ SIGNATURES In accordance with Section 12 of the Securities Exchange Act of 1934, the Registrant caused this registration statement to be signed on its behalf by the undersigned thereunto duly authorized. BIRCH FOREST ACQUISITION CORPORATION By: /s/ James Cassidy, President Date: January 19, 2018
EX-3 2 certofincbirch.txt CERTIFICATE OF INCORPORATION OF BIRCH FOREST ACQUISITION CORPORATION ARTICLE ONE Name The name of the Corporation is Birch Forest Acquisition Corporation. ARTICLE TWO Duration The Corporation shall have perpetual existence. ARTICLE THREE Purpose The purpose for which this Corporation is organized is to engage in any lawful act or activity for which corporations may be organized under the General Corporation Law of Delaware. ARTICLE FOUR Shares The total number of shares of stock which the Corporation shall have authority to issue is 120,000,000 shares, consisting of 100,000,000 shares of Common Stock having a par value of $.0001 per share and 20,000,000 shares of Preferred Stock having a par value of $.0001 per share. The Board of Directors is authorized to provide for the issuance of the shares of Preferred Stock in series and, by filing a certificate pursuant to the applicable law of the State of Delaware, to establish from time to time the number of shares to be included in each such series, and to fix the designation, powers, preferences and rights of the shares of each such series and the qualifications, limitations or restrictions thereof. The authority of the Board of Directors with respect to each series of Preferred Stock shall include, but not be limited to, determination of the following: A. The number of shares constituting that series and the distinctive designation of that series; B. The dividend rate on the shares of that series, whether dividends shall be cumulative, and, if so, from which date or dates, and the relative rights of priority, if any, of payment of dividends on share of that series; C. Whether that series shall have voting rights, in addition to the voting rights provided by law, and, if so, the terms of such voting rights; D. Whether that series shall have conversion privileges, and, if so, the terms and conditions of such conversion, including provision for adjustment of the conversion rate in such events as the Board of Directors shall determine; E. Whether or not the shares of that series shall be redeemable, and, if so, the terms and conditions of such redemption, including the date or dates upon or after which they shall be redeemable, and the amount per share payable in case of redemption, which amount may vary under different conditions and at different redemption dates; F. Whether that series shall have a sinking fund for the redemption or purchase of shares of that series, and, if so, the terms and amount of such sinking fund; G. The rights of the shares of that series in the event of voluntary or involuntary liquidation, dissolution or winding up of the Corporation, and the relative rights of priority, if any, of payment of shares of that series; and H. Any other relative rights, preferences and limitations of that series. ARTICLE FIVE Commencement of Business The Corporation is authorized to commence business as soon as its certificate of incorporation has been filed. ARTICLE SIX Principal Office and Registered Agent The post office address of the initial registered office of the Corporation and the name of its initial registered agent and its business address is Inc. Plan (USA) Trolley Square Suite 20 C Wilmington, Delaware 19806 (County of New Castle) The initial registered agent is a resident of the State of Delaware. ARTICLE SEVEN Incorporator Lee W. Cassidy, 215 Apolena Avenue, Newport Beach,California 92662 ARTICLE EIGHT Pre-Emptive Rights No Shareholder or other person shall have any pre-emptive rights whatsoever. ARTICLE NINE By-Laws The initial by-laws shall be adopted by the Shareholders or the Board of Directors. The power to alter, amend, or repeal the by-laws or adopt new by-laws is vested in the Board of Directors, subject to repeal or change by action of the Shareholders. ARTICLE TEN Number of Votes Each share of Common Stock has one vote on each matter on which the share is entitled to vote. ARTICLE ELEVEN Majority Votes A majority vote of a quorum of Shareholders (consisting of the holders of a majority of the shares entitled to vote, represented in person or by proxy) is sufficient for any action which requires the vote or concurrence of Shareholders, unless otherwise required or permitted by law or the by-laws of the Corporation. ARTICLE TWELVE Non-Cumulative Voting Directors shall be elected by majority vote. Cumulative voting shall not be permitted. ARTICLE THIRTEEN Interested Directors, Officers and Securityholders A. Validity. If Paragraph (B) is satisfied, no contract or other transaction between the Corporation and any of its directors, officers or securityholders, or any corporation or firm in which any of them are directly or indirectly interested, shall be invalid solely because of this relationship or because of the presence of the director, officer or securityholder at the meeting of the Board of Directors or committee authorizing the contract or transaction, or his participation or vote in the meeting or authorization. B. Disclosure, Approval, Fairness. Paragraph (A) shall apply only if: (1) The material facts of the relationship or interest of each such director, officer or securityholder are known or disclosed: (a) to the Board of Directors or the committee and it nevertheless authorizes or ratifies the contract or transaction by a majority of the directors present, each such interested director to be counted in determining whether a quorum is present but not in calculating the majority necessary to carry the vote; or (b) to the Shareholders and they nevertheless authorize or ratify the contract or transaction by a majority of the shares present, each such interested person to be counted for quorum and voting purposes; or (2) the contract or transaction is fair to the Corporation as of the time it is authorized or ratified by the Board of Directors, the committee or the Shareholders. ARTICLE FOURTEEN Indemnification and Insurance A. Persons. The Corporation shall indemnify, to the extent provided in Paragraphs (B), (D) or (F) and to the extent permitted from time to time by law: (1) any person who is or was director, officer, agent or employee of the Corporation, and (2) any person who serves or served at the Corporation's request as a director, officer, agent, employee, partner or trustee of another corporation or of a partnership, joint venture, trust or other enterprise. B. Extent--Derivative Suits. In case of a suit by or in the right of the Corporation against a person named in Paragraph (A) by reason of his holding a position named in Paragraph (A), the Corporation shall indemnify him, if he satisfies the standard in Paragraph (C), for expenses (including attorney's fees) actually and reasonably incurred by him in connection with the defense or settlement of the suit. C. Standard--Derivative Suits. In case of a suit by or in the right of the Corporation, a person named in Paragraph (A) shall be indemnified only if: (1) he is successful on the merits or otherwise, or (2) he acted in good faith in the transaction which is the subject of the suit, and in a manner he reasonably believed to be in, or not opposed to, the best interests of the Corporation. However, he shall not be indemnified in respect of any claim, issue or matter as to which he has been adjudged liable for negligence or misconduct in the performance of his duty to the Corporation unless (and only to the extent that) the court in which the suit was brought shall determine, upon application, that despite the adjudication but in view of all the circumstances, he is fairly and reasonably entitled to indemnity for such expenses as the court shall deem proper. D. Extent--Nonderivative Suits. In case of a suit, action or proceeding (whether civil, criminal, administrative or investigative), other than a suit by or in the right of the Corporation against a person named in Paragraph (A) by reason of his holding a position named in Paragraph (A), the Corporation shall indemnify him, if he satisfies the standard in Paragraph (E), for amounts actually and reasonably incurred by him in connection with the defense or settlement of the suit as (1) expenses (including attorneys' fees), (2) amounts paid in settlement (3) judgments, and (4) fines. E. Standard--Nonderivative Suits. In case of a nonderivative suit, a person named in Paragraph (A) shall be indemnified only if: (1) he is successful on the merits or otherwise, or (2) he acted in good faith in the transaction which is the subject of the nonderivative suit, and in a manner he reasonably believed to be in, or not opposed to, the best interests of the Corporation and , with respect to any criminal action or proceeding, he had no reason to believe his conduct was unlawful. The termination of a nonderivative suit by judgement, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not, of itself, create a presumption that the person failed to satisfy this Paragraph (E) (2). F. Determination That Standard Has Been Met. A determination that the standard of Paragraph (C) or (E) has been satisfied may be made by a court of law or equity or the determination may be made by: (1) a majority of the directors of the Corporation (whether or not a quorum) who were not parties to the action, suit or proceeding, or (2) independent legal counsel (appointed by a majority of the directors of the Corporation, whether or not a quorum, or elected by the Shareholders of the Corporation) in a written opinion, or (3) the Shareholders of the Corporation. G. Proration. Anyone making a determination under Paragraph (F) may determine that a person has met the standard as to some matters but not as to others, and may reasonably prorate amounts to be indemnified. H. Advance Payment. The Corporation may pay in advance any expenses (including attorney's fees) which may become subject to indemnification under paragraphs (A) - (G) if: (1) the Board of Directors authorizes the specific payment and (2) the person receiving the payment undertakes in writing to repay unless it is ultimately determined that he is entitled to indemnification by the Corporation under Paragraphs (A) - (G). I. Nonexclusive. The indemnification provided by Paragraphs (A) - (G) shall not be exclusive of any other rights to which a person may be entitled by law or by by-law, agreement, vote of Shareholders or disinterested directors, or otherwise. J. Continuation. The indemnification and advance payment provided by Paragraphs (A) - (H) shall continue as to a person who has ceased to hold a position named in paragraph (A) and shall inure to his heirs, executors and administrators. K. Insurance. The Corporation may purchase and maintain insurance on behalf of any person who holds or who has held any position named in Paragraph (A) against any liability incurred by him in any such positions or arising out of this status as such, whether or not the Corporation would have power to indemnify him against such liability under Paragraphs (A) - (H). L. Reports. Indemnification payments, advance payments, and insurance purchases and payments made under Paragraphs (A) - (K) shall be reported in writing to the Shareholders of the Corporation with the next notice of annual meeting, or within six months, whichever is sooner. M. Amendment of Article. Any changes in the General Corporation Law of Delaware increasing, decreasing, amending, changing or otherwise effecting the indemnification of directors, officers, agents, or employees of the Corporation shall be incorporated by reference in this Article as of the date of such changes without further action by the Corporation, its Board of Directors, of Shareholders, it being the intention of this Article that directors, officers, agents and employees of the Corporation shall be indemnified to the maximum degree allowed by the General Corporation Law of the State of Delaware at all times. ARTICLE FIFTEEN Limitation On Director Liability A. Scope of Limitation. No person, by virtue of being or having been a director of the Corporation, shall have any personal liability for monetary damages to the Corporation or any of its Shareholders for any breach of fiduciary duty except as to the extent provided in Paragraph (B). B. Extent of Limitation. The limitation provided for in this Article shall not eliminate or limit the liability of a director to the Corporation or its Shareholders (i) for any breach of the director's duty of loyalty to the Corporation or its Shareholders (ii) for any acts or omissions not in good faith or which involve intentional misconduct or a knowing violation of law (iii) for any unlawful payment of dividends or unlawful stock purchases or redemptions in violation of Section 174 of the General Corporation Law of Delaware or (iv) for any transaction for which the director derived an improper personal benefit. IN WITNESS WHEREOF, the incorporator hereunto has executed this certificate of incorporation on this 30th day of November, 2017. /s/ Lee W. Cassidy, Incorporator EX-3 3 bylawbirch.txt BIRCH FOREST ACQUISITION CORPORATION By-Laws Article I The Stockholders Section 1.1. Annual Meeting. The annual meeting of the stockholders of Birch Grove Acquisition Corporation (the "Corporation") shall be held on the third Thursday in May of each year at 10:30 a.m. local time, or at such other date or time as shall be designated from time to time by the Board of Directors and stated in the notice of the meeting, for the election of directors and for the transaction of such other business as may come before the meeting. Section 1.2. Special Meetings. A special meeting of the stockholders may be called at any time by the written resolution or request of two-thirds or more of the members of the Board of Directors, the president, or any executive vice president and shall be called upon the written request of the holders of two-thirds or more in amount, of each class or series of the capital stock of the Corporation entitled to vote at such meeting on the matters(s) that are the subject of the proposed meeting, such written request in each case to specify the purpose or purposes for which such meeting shall be called, and with respect to stockholder proposals, shall further comply with the requirements of this Article. Section 1.3. Notice of Meetings. Written notice of each meeting of stockholders, whether annual or special, stating the date, hour and place where it is to be held, shall be served either personally or by mail, not less than fifteen nor more than sixty days before the meeting, upon each stockholder of record entitled to vote at such meeting, and to any other stockholder to whom the giving of notice may be required by law. Notice of a special meeting shall also state the purpose or purposes for which the meeting is called and shall indicate that it is being issued by, or at the direction of, the person or persons calling the meeting. If, at any meeting,action is proposed to be taken that would, if taken, entitle stockholders to receive payment for their stock, the notice of such meeting shall include a statement of that purpose and to that effect. If mailed, notice shall be deemed to be delivered when deposited in the United States mail or with any private express mail service, postage or delivery fee prepaid, and shall be directed to each such stockholder at his address, as it appears on the records of the stockholders of the Corporation, unless he shall have previously filed with the secretary of the Corporation a written request that notices intended for him be mailed to some other address, in which case, it shall be mailed to the address designated in such request. Section 1.4. Fixing Date of Record. (a) In order that the Corporation may determine the stockholders entitled to notice of or to vote at any meeting of stockholders, or any adjournment thereof, the Board of Directors may fix a record date, which record date shall not precede the date upon which the resolution fixing the record date is adopted by the Board of Directors, and which record date shall not be more than sixty nor less than ten days before the date of such meeting. If no record date is fixed by the Board of Directors, the record date for determining stockholders entitled to notice of, or to vote at, a meeting of stockholders shall be at the close of business on the day next preceding the day on which notice is given, or if notice is waived, at the close of business on the day next preceding the day on which the meeting is held. A determination of stockholders of record entitled to notice of, or to vote at,a meeting of stockholders shall apply to any adjournment of the meeting; provided, however, that the Board of Directors may fix a new record date for the adjourned meeting. (b) In order that the Corporation may determine the stockholders entitled to consent to corporate action in writing without a meeting (to the extent that such action by written consent is permitted by law, the Certificate of Incorporation or these By-Laws), the Board of Directors may fix a record date, which record date shall not precede the date upon which the resolution fixing the record date is adopted by the Board of Directors, and which date shall not be more than ten days after the date upon which the resolution fixing the record date is adopted by the Board of Directors. If no record date has been fixed by the Board of Directors, the record date for determining stockholders entitled to consent to corporate action in writing without a meeting, when no prior action by the Board of Directors is required by law, shall be the first date on which a signed written consent setting forth the action taken or proposed to be taken is delivered to the Corporation by delivery to its registered office in its state of incorporation, its principal place of business, or an officer or agent of the Corporation having custody of the book in which proceedings of meetings of stockholders are recorded. Delivery made to the Corporation's registered office shall be by hand or by certified or registered mail, return receipt requested. If no record date has been fixed by the Board of Directors and prior action by the Board of Directors is required by law, the record date for determining stockholders entitled to consent to corporate action in writing without a meeting shall be at the close of business on the day on which the Board of Directors adopts the resolution taking such prior action. (c) In order that the Corporation may determine the stockholders entitled to receive payment of any dividend or other distribution or allotment of any rights or the stockholders entitled to exercise any rights in respect of any change, conversion or exchange of stock, or for the purpose of any other lawful action, the Board of Directors may fix a record date, which record date shall not precede the date upon which the resolution fixing the record date is adopted, and which record date shall be not more than sixty days prior to such action. If no record date is fixed, the record date for determining stockholders for any such purpose shall be at the close of business on the day on which the Board of Directors adopts the resolution relating thereto. Section 1.5. Inspectors. At each meeting of the stockholders, the polls shall be opened and closed and the proxies and ballots shall be received and be taken in charge. All questions touching on the qualification of voters and the validity of proxies and the acceptance or rejection of votes, shall be decided by one or more inspectors. Such inspectors shall be appointed by the Board of Directors before or at the meeting, or, if no such appointment shall have been made, then by the presiding officer at the meeting. If for any reason any of the inspectors previously appointed shall fail to attend or refuse or be unable to serve, inspectors in place of any so failing to attend or refusing or unable to serve shall be appointed in like manner. Section 1.6. Quorum. At any meeting of the stockholders, the holders of a majority of the shares entitled to vote, represented in person or by proxy, shall constitute a quorum of the stockholders for all purposes, unless the representation of a larger number shall be required by law, and, in that case, the representation of the number so required shall constitute a quorum. If the holders of the amount of stock necessary to constitute a quorum shall fail to attend in person or by proxy at the time and place fixed in accordance with these By-Laws for an annual or special meeting, a majority in interest of the stockholders present in person or by proxy may adjourn, from time to time, without notice other than by announcement at the meeting, until holders of the amount of stock requisite to constitute a quorum shall attend. At any such adjourned meeting at which a quorum shall be present, any business may be transacted which might have been transacted at the meeting as originally notified. Section 1.7. Business. The chairman of the Board, if any, the president, or in his absence the vice-chairman, if any, or an executive vice president, in the order named, shall call meetings of the stockholders to order, and shall act as chairman of such meeting; provided, however, that the Board of Directors or executive committee may appoint any stockholder to act as chairman of any meeting in the absence of the chairman of the Board. The secretary of the Corporation shall act as secretary at all meetings of the stockholders, but in the absence of the secretary at any meeting of the stockholders, the presiding officer may appoint any person to act as secretary of the meeting. Section 1.8. Stockholder Proposals. No proposal by a stockholder shall be presented for vote at a special or annual meeting of stockholders unless such stockholder shall, not later than the close of business on the fifth day following the date on which notice of the meeting is first given to stockholders, provide the Board of Directors or the secretary of the Corporation with written notice of intention to present a proposal for action at the forthcoming meeting of stockholders, which notice shall include the name and address of such stockholder, the number of voting securities that he holds of record and that he holds beneficially, the text of the proposal to be presented to the meeting and a statement in support of the proposal. Any stockholder who was a stockholder of record on the applicable record date may make any other proposal at an annual meeting or special meeting of stockholders and the same may be discussed and considered, but unless stated in writing and filed with the Board of Directors or the secretary prior to the date set forth herein above, such proposal shall be laid over for action at an adjourned, special, or annual meeting of the stockholders taking place sixty days or more thereafter. This provision shall not prevent the consideration and approval or disapproval at the annual meeting of reports of officers, directors, and committees, but in connection with such reports, no new business proposed by a stockholder, qua stockholder, shall be acted upon at such annual meeting unless stated and filed as herein provided. Notwithstanding any other provision of these By-Laws, the Corporation shall be under no obligation to include any stockholder proposal in its proxy statement materials or otherwise present any such proposal to stockholders at a special or annual meeting of stockholders if the Board of Directors reasonably believes the proponents thereof have not complied with Sections 13 or 14 of the Securities Exchange Act of 1934, as amended, and the rules and regulations thereunder; nor shall the Corporation be required to include any stockholder proposal not required to be included in its proxy materials to stockholders in accordance with any such section, rule or regulation. Section 1.9. Proxies. At all meetings of stockholders, a stockholder entitled to vote may vote either in person or by proxy executed in writing by the stockholder or by his duly authorized attorney-in-fact. Such proxy shall be filed with the secretary before or at the time of the meeting. No proxy shall be valid after eleven months from the date of its execution, unless otherwise provided in the proxy. Section 1.10. Voting by Ballot. The votes for directors, and upon the demand of any stockholder or when required by law, the votes upon any question before the meeting, shall be by ballot. Section 1.11. Voting Lists. The officer who has charge of the stock ledger of the Corporation shall prepare and make, at least ten days before every meeting of stockholders, a complete list of the stockholders entitled to vote at the meeting, arranged in alphabetical order, and showing the address of each stockholder and the number of shares of stock registered in the name of each stockholder. Such list shall be open to the examination of any stockholder, for any purpose germane to the meeting, during ordinary business hours for a period of at least ten days prior to the meeting, either at a place within the city where the meeting is to be held, which place shall be specified in the notice of the meeting, or if not so specified, at the place where the meeting is to be held. The list shall also be produced and kept at the time and place of the meeting during the whole time thereof and may be inspected by any stockholder who is present. Section 1.12. Place of Meeting. The Board of Directors may designate any place, either within or without the state of incorporation, as the place of meeting for any annual meeting or any special meeting called by the Board of Directors. If no designation is made or if a special meeting is otherwise called, the place of meeting shall be the principal office of the Corporation. Section 1.13. Voting of Stock of Certain Holders. Shares of capital stock of the Corporation standing in the name of another corporation, domestic or foreign, may be voted by such officer, agent, or proxy as the by-laws of such corporation may prescribe, or in the absence of such provision, as the board of directors of such corporation may determine. Shares of capital stock of the Corporation standing in the name of a deceased person, a minor ward or an incompetent person may be voted by his administrator, executor, court-appointed guardian or conservator, either in person or by proxy, without a transfer of such stock into the name of such administrator, executor, court-appointed guardian or conservator. Shares of capital stock of the Corporation standing in the name of a trustee may be voted by him, either in person or by proxy. Shares of capital stock of the Corporation standing in the name of a receiver may be voted, either in person or by proxy, by such receiver, and stock held by or under the control of a receiver may be voted by such receiver without the transfer thereof into his name if authority to do so is contained in any appropriate order of the court by which such receiver was appointed. A stockholder whose stock is pledged shall be entitled to vote such stock, either in person or by proxy, until the stock has been transferred into the name of the pledgee, and thereafter the pledgee shall be entitled to vote, either in person or by proxy, the stock so transferred. Shares of its own capital stock belonging to this Corporation shall not be voted, directly or indirectly, at any meeting and shall not be counted in determining the total number of outstanding stock at any given time, but shares of its own stock held by it in a fiduciary capacity may be voted and shall be counted in determining the total number of outstanding stock at any given time. Article II Board of Directors Section 2.1. General Powers. The business, affairs, and the property of the Corporation shall be managed and controlled by the Board of Directors (the "Board"), and, except as otherwise expressly provided by law, the Certificate of Incorporation or these By-Laws, all of the powers of the Corporation shall be vested in the Board. Section 2.2. Number of Directors. The number of directors which shall constitute the whole Board shall be not fewer than one nor more than five. Within the limits above specified, the number of directors shall be determined by the Board of Directors pursuant to a resolution adopted by a majority of the directors then in office. Section 2.3. Election, Term and Removal. Directors shall be elected at the annual meeting of stockholders to succeed those directors whose terms have expired. Each director shall hold office for the term for which elected and until his or her successor shall be elected and qualified. Directors need not be stockholders. A director may be removed from office at a meeting expressly called for that purpose by the vote of not less than a majority of the outstanding capital stock entitled to vote at an election of directors. Section 2.4. Vacancies. Vacancies in the Board of Directors, including vacancies resulting from an increase in the number of directors, may be filled by the affirmative vote of a majority of the remaining directors then in office, though less than a quorum; except that vacancies resulting from removal from office by a vote of the stockholders may be filled by the stockholders at the same meeting at which such removal occurs provided that the holders of not less than a majority of the outstanding capital stock of the Corporation (assessed upon the basis of votes and not on the basis of number of shares) entitled to vote for the election of directors, voting together as a single class, shall vote for each replacement director. All directors elected to fill vacancies shall hold office for a term expiring at the time of the next annual meeting of stockholders and upon election and qualification of his successor. No decrease in the number of directors constituting the Board of Directors shall shorten the term of an incumbent director. Section 2.5. Resignations. Any director of the Corporation may resign at any time by giving written notice to the president or to the secretary of the Corporation. The resignation of any director shall take effect at the time specified therein and, unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective. Section 2.6. Place of Meetings, etc. The Board of Directors may hold its meetings, and may have an office and keep the books of the Corporation (except as otherwise may be provided for by law), in such place or places in or outside the state of incorporation as the Board from time to time may determine. Section 2.7. Regular Meetings. Regular meetings of the Board of Directors shall be held as soon as practicable after adjournment of the annual meeting of stockholders at such time and place as the Board of Directors may fix. No notice shall be required for any such regular meeting of the Board. Section 2.8. Special Meetings. Special meetings of the Board of Directors shall be held at places and times fixed by resolution of the Board of Directors, or upon call of the chairman of the Board, if any, or vice-chairman of the Board, if any, the president, an executive vice president or two-thirds of the directors then in office. The secretary or officer performing the secretary's duties shall give not less than twenty-four hours' notice by letter, telegraph or telephone (or in person) of all special meetings of the Board of Directors, provided that notice need not given of the annual meeting or of regular meetings held at times and places fixed by resolution of the Board. Meetings may be held at any time without notice if all of the directors are present, or if those not present waive notice in writing either before or after the meeting. The notice of meetings of the Board need not state the purpose of the meeting. Section 2.9. Participation by Conference Telephone. Members of the Board of Directors of the Corporation, or any committee thereof, may participate in a regular or special or any other meeting of the Board or committee by means of conference telephone or similar communications equipment by means of which all persons participating in the meeting can hear each other, and such participation shall constitute presence in person at such meeting. Section 2.10. Action by Written Consent. Any action required or permitted to be taken at any meeting of the Board of Directors, or of any committee thereof, may be taken without a meeting if prior or subsequent to such action all the members of the Board or such committee, as the case may be, consent thereto in writing, and the writing or writings are filed with the minutes of the proceedings of the Board or committee. Section 2.11. Quorum. A majority of the total number of directors then in office shall constitute a quorum for the transaction of business; but if at any meeting of the Board there be less than a quorum present, a majority of those present may adjourn the meeting from time to time. Section 2.12. Business. Business shall be transacted at meetings of the Board of Directors in such order as the Board may determine. At all meetings of the Board of Directors, the chairman of the Board, if any, the president, or in his absence the vice-chairman, if any, or an executive vice president, in the order named, shall preside. Section 2.13. Interest of Directors in Contracts. (a) No contract or transaction between the Corporation and one or more of its directors or officers, or between the Corporation and any other corporation, partnership, association, or other organization in which one or more of the Corporation's directors or officers, are directors or officers, or have a financial interest, shall be void or voidable solely for this reason, or solely because the director or officer is present at or participates in the meeting of the Board or committee which authorizes the contract or transaction, or solely because his or their votes are counted for such purpose, if: (1) The material facts as to his relationship or interest and as to the contract or transaction are disclosed or are known to the Board of Directors or the committee, and the Board or committee in good faith authorizes the contract or transaction by the affirmative votes of a majority of the disinterested directors, even though the disinterested directors be less than quorum; or (2) The material facts as to his relationship or interest and as to the contract or transaction are disclosed or are known to the stockholders entitled to vote thereon, and the contract or transaction is specifically approved in good faith by vote of the stockholders; or (3) The contract or transaction is fair as to the Corporation as of the time it is authorized, approved or ratified, by the Board of Directors, a committee of the Board of Directors or the stockholders. (b) Interested directors may be counted in determining the presence of a quorum at a meeting of the Board of Directors or of a committee which authorizes the contract or transaction. Section 2.14. Compensation of Directors. Each director of the Corporation who is not a salaried officer or employee of the Corporation, or of a subsidiary of the Corporation, shall receive such allowances for serving as a director and such fees for attendance at meetings of the Board of Directors or the executive committee or any other committee appointed by the Board as the Board may from time to time determine. Section 2.15. Loans to Officers or Employees. The Board of Directors may lend money to, guarantee any obligation of, or otherwise assist, any officer or other employee of the Corporation or of any subsidiary, whether or not such officer or employee is also a director of the Corporation, whenever, in the judgment of the directors, such loan, guarantee, or assistance may reasonably be expected to benefit the Corporation; provided, however, that any such loan, guarantee, or other assistance given to an officer or employee who is also a director of the Corporation must be authorized by a majority of the entire Board of Directors. Any such loan, guarantee, or other assistance may be made with or without interest and may be unsecured or secured in such manner as the Board of Directors shall approve, including, but not limited to, a pledge of shares of the Corporation, and may be made upon such other terms and conditions as the Board of Directors may determine. Section 2.16. Nomination. Subject to the rights of holders of any class or series of stock having a preference over the common stock as to dividends or upon liquidation, nominations for the election of directors may be made by the Board of Directors or by any stockholder entitled to vote in the election of directors generally. However, any stockholder entitled to vote in the election of directors generally may nominate one or more persons for election as directors at a meeting only if written notice of such stockholder's intent to make such nomination or nominations has been given, either by personal delivery or by United States mail, postage prepaid, to the secretary of the Corporation not later than (i) with respect to an election to be held at an annual meeting of stockholders, the close of business on the last day of the eighth month after the immediately preceding annual meeting of stockholders, and (ii) with respect to an election to be held at a special meeting of stockholders for the election of directors, the close of business on the fifth day following the date on which notice of such meeting is first given to stockholders. Each such notice shall set forth: (a) the name and address of the stockholder who intends to make the nomination and of the person or persons to be nominated; (b) a representation that the stockholder is a holder of record of stock of the Corporation entitled to vote at such meeting and intends to appear in person or by proxy at the meeting to nominate the person or persons specified in the notice; (c) a description of all arrangements or understandings between the stockholder and each nominee and any other person or persons (naming such person or persons) pursuant to which the nomination or nominations are to be made by the stockholder; (d) such other information regarding each nominee proposed by such stockholder as would be required to be included in a proxy statement filed pursuant to the proxy rules of the Securities and Exchange Commission, had the nominee been nominated, or intended to be nominated, by the Board of Directors, and; (e) the consent of each nominee to serve as a director of the Corporation if so elected. The presiding officer at the meeting may refuse to acknowledge the nomination of any person not made in compliance with the foregoing procedure. Article III Committees Section 3.1. Committees. The Board of Directors, by resolution adopted by a majority of the number of directors then fixed by these By- Laws or resolution thereto, may establish such standing or special committees of the Board as it may deem advisable, and the members, terms, and authority of such committees shall be set forth in the resolutions establishing such committee. Section 3.2. Executive Committee Number and Term of Office. The Board of Directors may, at any meeting, by majority vote of the Board of Directors, elect from the directors an executive committee. The executive committee shall consist of such number of members as may be fixed from time to time by resolution of the Board of Directors. The Board of Directors may designate a chairman of the committee who shall preside at all meetings thereof, and the committee shall designate a member thereof to preside in the absence of the chairman. Section 3.3. Executive Committee Powers. The executive committee may, while the Board of Directors is not in session, exercise all or any of the powers of the Board of Directors in all cases in which specific directions shall not have been given by the Board of Directors; except that the executive committee shall not have the power or authority of the Board of Directors to (i) amend the Certificate of Incorporation or the By-Laws of the Corporation, (ii) fill vacancies on the Board of Directors, (iii) adopt an agreement or certification of ownership, merger or consolidation, (iv) recommend to the stockholders the sale, lease or exchange of all or substantially all of the Corporation's property and assets, or a dissolution of the Corporation or a revocation of a dissolution, (v) declare a dividend, or (vi) authorize the issuance of stock. Section 3.4. Executive Committee Meetings. Regular and special meetings of the executive committee may be called and held subject to the same requirements with respect to time, place and notice as are specified in these By-Laws for regular and special meetings of the Board of Directors. Special meetings of the executive committee may be called by any member thereof. Unless otherwise indicated in the notice thereof, any and all business may be transacted at a special or regular meeting of the executive meeting if a quorum is present. At any meeting at which every member of the executive committee shall be present, in person or by telephone, even though without any notice, any business may be transacted. All action by the executive committee shall be reported to the Board of Directors at its meeting next succeeding such action. The executive committee shall fix its own rules of procedure, and shall meet where and as provided by such rules or by resolution of the Board of Directors, but in every case the presence of a majority of the total number of members of the executive committee shall be necessary to constitute a quorum. In every case, the affirmative vote of a quorum shall be necessary for the adoption of any resolution. Section 3.5. Executive Committee Vacancies. The Board of Directors, by majority vote of the Board of Directors then in office, shall fill vacancies in the executive committee by election from the directors. Article IV The Officers Section 4.1. Number and Term of Office. The officers of the Corporation shall consist of, as the Board of Directors may determine and appoint from time to time, a chief executive officer, a president, one or more executive vice-presidents, a secretary, a treasurer, a controller,and/or such other officers as may from time to time be elected or appointed by the Board of Directors, including such additional vice-presidents with such designations, if any, as may be determined by the Board of Directors and such assistant secretaries and assistant treasurers. In addition, the Board of Directors may elect a chairman of the Board and may also elect a vice-chairman as officers of the Corporation. Any two or more offices may be held by the same person. In its discretion, the Board of Directors may leave unfilled any office except as may be required by law. The officers of the Corporation shall be elected or appointed from time to time by the Board of Directors. Each officer shall hold office until his successor shall have been duly elected or appointed or until his death or until he shall resign or shall have been removed by the Board of Directors. Each of the salaried officers of the Corporation shall devote his entire time, skill and energy to the business of the Corporation, unless the contrary is expressly consented to by the Board of Directors or the executive committee. Section 4.2. Removal. Any officer may be removed by the Board of Directors whenever, in its judgment, the best interests of the Corporation would be served thereby. Section 4.3. The Chairman of the Board. The chairman of the Board, if any, shall preside at all meetings of stockholders and of the Board of Directors and shall have such other authority and perform such other duties as are prescribed by law, by these By-Laws and by the Board of Directors. The Board of Directors may designate the chairman of the Board as chief executive officer, in which case he shall have such authority and perform such duties as are prescribed by these By-Laws and the Board of Directors for the chief executive officer. Section 4.4. The Vice-Chairman. The vice-chairman, if any, shall have such authority and perform such other duties as are prescribed by these By-Laws and by the Board of Directors. In the absence or inability to act of the chairman of the Board and the president, he shall preside at the meetings of the stockholders and of the Board of Directors and shall have and exercise all of the powers and duties of the chairman of the Board. The Board of Directors may designate the vice-chairman as chief executive officer, in which case he shall have such authority and perform such duties as are prescribed by these By-Laws and the Board of Directors for the chief executive officer. Section 4.5. The President. The president shall have such authority and perform such duties as are prescribed by law, by these By-Laws, by the Board of Directors and by the chief executive officer (if the president is not the chief executive officer). The president, if there is no chairman of the Board, or in the absence or the inability to act of the chairman of the Board, shall preside at all meetings of stockholders and of the Board of Directors. Unless the Board of Directors designates the chairman of the Board or the vice-chairman as chief executive officer, the president shall be the chief executive officer, in which case he shall have such authority and perform such duties as are prescribed by these By-Laws and the Board of Directors for the chief executive officer. Section 4.6. The Chief Executive Officer. Unless the Board of Directors designates the chairman of the Board or the vice-chairman as chief executive officer, the president shall be the chief executive officer. The chief executive officer of the Corporation shall have, subject to the supervision and direction of the Board of Directors, general supervision of the business, property and affairs of the Corporation, including the power to appoint and discharge agents and employees, and the powers vested in him by the Board of Directors, by law or by these By-Laws or which usually attach or pertain to such office. Section 4.7. The Executive Vice-Presidents. In the absence of the chairman of the Board, if any, the president and the vice-chairman, if any, or in the event of their inability or refusal to act, the executive vice-president (or in the event there is more than one executive vice-president, the executive vice-presidents in the order designated, or in the absence of any designation, then in the order of their election) shall perform the duties of the chairman of the Board, of the president and of the vice-chairman, and when so acting, shall have all the powers of and be subject to all the restrictions upon the chairman of the Board, the president and the vice-chairman. Any executive vice-president may sign, with the secretary or an authorized assistant secretary, certificates for stock of the Corporation and shall perform such other duties as from time to time may be assigned to him by the chairman of the Board, the president, the vice-chairman, the Board of Directors or these By-Laws. Section 4.8. The Vice-Presidents. The vice-presidents, if any, shall perform such duties as may be assigned to them from time to time by the chairman of the Board, the president, the vice-chairman, the Board of Directors, or these By-Laws. Section 4.9. The Treasurer. Subject to the direction of chief executive officer and the Board of Directors, the treasurer shall have charge and custody of all the funds and securities of the Corporation; when necessary or proper he shall endorse for collection, or cause to be endorsed, on behalf of the Corporation, checks, notes and other obligations, and shall cause the deposit of the same to the credit of the Corporation in such bank or banks or depositary as the Board of Directors may designate or as the Board of Directors by resolution may authorize; he shall sign all receipts and vouchers for payments made to the Corporation other than routine receipts and vouchers, the signing of which he may delegate; he shall sign all checks made by the Corporation (provided, however, that the Board of Directors may authorize and prescribe by resolution the manner in which checks drawn on banks or depositories shall be signed, including the use of facsimile signatures, and the manner in which officers, agents or employees shall be authorized to sign); unless otherwise provided by resolution of the Board of Directors, he shall sign with an officer- director all bills of exchange and promissory notes of the Corporation; whenever required by the Board of Directors, he shall render a statement of his cash account; he shall enter regularly full and accurate account of the Corporation in books of the Corporation to be kept by him for that purpose; he shall, at all reasonable times, exhibit his books and accounts to any director of the Corporation upon application at his office during business hours; and he shall perform all acts incident to the position of treasurer. If required by the Board of Directors, the treasurer shall give a bond for the faithful discharge of his duties in such sum and with such sure ties as the Board of Directors may require. Section 4.10. The Secretary. The secretary shall keep the minutes of all meetings of the Board of Directors, the minutes of all meetings of the stockholders and (unless otherwise directed by the Board of Directors) the minutes of all committees, in books provided for that purpose; he shall attend to the giving and serving of all notices of the Corporation; he may sign with an officer-director or any other duly authorized person, in the name of the Corporation, all contracts authorized by the Board of Directors or by the executive committee, and, when so ordered by the Board of Directors or the executive committee, he shall affix the seal of the Corporation thereto; he may sign with the president or an executive vice-president all certificates of shares of the capital stock; he shall have charge of the certificate books, transfer books and stock ledgers, and such other books and papers as the Board of Directors or the executive committee may direct, all of which shall, at all reasonable times, be open to the examination of any director, upon application at the secretary's office during business hours; and he shall in general perform all the duties incident to the office of the secretary, subject to the control of the chief executive officer and the Board of Directors. Section 4.11. The Controller. The controller shall be the chief accounting officer of the Corporation. Subject to the supervision of the Board of Directors, the chief executive officer and the treasurer, the controller shall provide for and maintain adequate records of all assets, liabilities and transactions of the Corporation, shall see that accurate audits of the Corporation's affairs are currently and adequately made and shall perform such other duties as from time to time may be assigned to him. Section 4.12. The Assistant Treasurers and Assistant Secretaries. The assistant treasurers shall respectively, if required by the Board of Directors, give bonds for the faithful discharge of their duties in such sums and with such sureties as the Board of Directors may determine. The assistant secretaries as thereunto authorized by the Board of Directors may sign with the chairman of the Board, the president, the vice-chairman or an executive vice-president, certificates for stock of the Corporation, the issue of which shall have been authorized by a resolution of the Board of Directors. The assistant treasurers and assistant secretaries, in general, shall perform such duties as shall be assigned to them by the treasurer or the secretary, respectively, or chief executive officer, the Board of Directors, or these By-Laws. Section 4.13. Salaries. The salaries of the officers shall be fixed from time to time by the Board of Directors, and no officer shall be prevented from receiving such salary by reason of the fact that he is also a director of the Corporation. Section 4.14. Voting upon stocks. Unless otherwise ordered by the Board of Directors or by the executive committee, any officer, director or any person or persons appointed in writing by any of them, shall have full power and authority in behalf of the Corporation to attend and to act and to vote at any meetings of stockholders of any corporation in which the Corporation may hold stock, and at any such meeting shall possess and may exercise any and all the rights and powers incident to the ownership of such stock, and which, as the owner thereof, the Corporation might have possessed and exercised if present. The Board of Directors may confer like powers upon any other person or persons. Article V Contracts and Loans Section 5.1. Contracts. The Board of Directors may authorize any officer or officers, agent or agents, to enter into any contract or execute and deliver any instrument in the name of and on behalf of the Corporation, and such authority may be general or confined to specific instances. Section 5.2. Loans. No loans shall be contracted on behalf of the Corporation and no evidences of indebtedness shall be issued in its name unless authorized by a resolution of the Board of Directors. Such authority may be general or confined to specific instances. Article VI Certificates for Stock and Their Transfer Section 6.1. Certificates for Stock. Certificates representing stock of the Corporation shall be in such form as may be determined by the Board of Directors. Such certificates shall be signed by the chairman of the Board, the president, the vice-chairman or an executive vice-president and/or by the secretary or an authorized assistant secretary and shall be sealed with the seal of the Corporation. The seal may be a facsimile. If a stock certificate is countersigned (i) by a transfer agent other than the Corporation or its employee, or (ii) by a registrar other than the Corporation or its employee, any other signature on the certificate may be a facsimile. In the event that any officer, transfer agent or registrar who has signed or whose facsimile signature has been placed upon a certificate shall have ceased to be such officer, transfer agent, or registrar before such certificate is issued, it may be issued by the Corporation with the same effect as if he were such officer, transfer agent or registrar at the date of issue. All certificates for stock shall be consecutively numbered or otherwise identified. The name of the person to whom the shares of stock represented thereby are issued, with the number of shares of stock and date of issue, shall be entered on the books of the Corporation. All certificates surrendered to the Corporation for transfer shall be canceled and no new certificates shall be issued until the former certificate for a like number of shares of stock shall have been surrendered and canceled,except that, in the event of a lost, destroyed or mutilated certificate, a new one may be issued therefor upon such terms and indemnity to the Corporation as the Board of Directors may prescribe. Section 6.2. Transfers of Stock. Transfers of stock of the Corporation shall be made only on the books of the Corporation by the holder of record thereof or by his legal representative, who shall furnish proper evidence of authority to transfer, or by his attorney thereunto authorized by power of attorney duly executed and filed with the secretary of the Corporation, and on surrender for cancellation of the certificate for such stock. The person in whose name stock stands on the books of the Corporation shall be deemed the owner thereof for all purposes as regards the Corporation. Article VII Fiscal Year Section 7.1. Fiscal Year. The fiscal year of the Corporation shall begin on the first day of January in each year and end on the last day of December in each year. Article VIII Seal Section 8.1. Seal. The Board of Directors shall approve a corporate seal which shall be in the form of a circle and shall have inscribed thereon the name of the Corporation. Article IX Waiver of Notice Section 9.1. Waiver of Notice. Whenever any notice is required to be given under the provisions of these By-Laws or under the provisions of the Certificate of Incorporation or under the provisions of the corporation law of the state of incorporation, waiver thereof in writing, signed by the person or persons entitled to such notice, whether before or after the time stated therein, shall be deemed equivalent to the giving of such notice. Attendance of any person at a meeting for which any notice is required to be given under the provisions of these By-Laws, the Certificate of Incorporation or the corporation law of the state of incorporation shall constitute a waiver of notice of such meeting except when the person attends for the express purpose of objecting, at the beginning of the meeting, to the transaction of any business because the meeting is not lawfully called or convened. Article X Amendments Section 10.1. Amendments. These By-Laws may be altered, amended or repealed and new By-Laws may be adopted at any meeting of the Board of Directors of the Corporation by the affirmative vote of a majority of the members of the Board, or by the affirmative vote of a majority of the outstanding capital stock of the Corporation (assessed upon the basis of votes and not on the basis of number of shares) entitled to vote generally in the election of directors, voting together as a single class. Article XI Indemnification Section 11.1. Indemnification. The Corporation shall indemnify its officers, directors, employees and agents to the fullest extent permitted by the General Corporation Law of Delaware, as amended from time to time. [END] EX-3 4 samplestcertbirch.txt See Legend on Reverse Number _____________ Shares Incorporated under the laws of the state of Delaware BIRCH FOREST ACQUISITION CORPORATION Authorized to issue 120,000,000 shares 100,000,000 common shares 20,000,000 preferred shares par value $.0001 each par value $.0001 each This certifies that is the owner of ( ) fully paid and non-assessable Shares of the Common Shares of BIRCH FOREST ACQUISITION CORPORATION transferrable only on the books of the Corporation by the holder hereof in person or by duly authorized Attorney upon surrender of this Certificate properly endorsed. IN WITNESS WHEREOF, the said Corporation has caused this Certificate to be signed by its duly authorized officers and to be sealed with the Seal of the Corporation this day of A.D. /s/ President [SEAL] ------------------------------------------------------------------------------- (Reverse side of stock certificate) LEGEND: THESE SECURITIES CANNOT BE SOLD, TRANSFERRED OR OTHERWISE DISPOSED OF BY ANY INVESTOR TO ANY OTHER PERSON OR ENTITY UNLESS SUBSEQUENTLY REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND UNDER APPLICABLE LAW OF THE STATE OR JURISDICTION WHERE SOLD, TRANSFERRED OR DISPOSED OF, UNLESS SUCH SALE, TRANSFER OR DISPOSITION SHALL QUALIFY UNDER AN ALLOWED EXEMPTION TO SUCH REGISTRATION. ANY SALE, TRANSFER OR DISPOSITION OF THESE SECURITIES BY AN INVESTOR WILL NORMALLY REQUIRE THE APPROVAL BY COUNSEL TO THE ISSUER. The following abbreviations, when used in the inscription on the face of this certificate, shall be construed as though they were written out in full according to applicable laws or regulations. Additional abbreviations may also be used though not in the list. TEN COM --as tenants in common TEN ENT --as tenants by the entireties JT TEN --as joint tenants with right of survivorship and not as tenants in common UNIF GIFT MIN ACT -- ____________Custodian ____________(Minor) under Uniform Gifts to Minors Act ____________(State) For value received, the undersigned hereby sells, assigns and transfers unto _____________________________ (please insert social security or other identifying number of assignee) __________________________ _______________________________________________________________ (please print or typewrite name and address of assignee) _____________________________ Shares represented by the within Certificate, and hereby irrevocably constitutes and appoints ____________________ Attorney to transfer the said shares on the books of the within-named Corporation with full power of substitution in the premises. Dated, _______________________________ ___________________________________ In presence of _______________________________________ NOTICE: The signature to this assignment must correspond with the name as written upon the face of the certificate in every particular without alteration or enlargement, or any change whatever. COVER 5 filename5.txt Lee W. Cassidy Attorney at Law 215 Apolena Avenue Newport Beach, California 92662 ---------- Email: lwcassidy@aol.com Telephone: 949/673-4510 Fax: 949/673-4525 January 19, 2018 United States Securities and Exchange Commission 100 F Street, N.E. Washington, D.C. 20549 Re: Birch Forest Acquisition Corporation Greetings: I attach for filing the Birch Forest Acquisition Corporation registration statement on Form 10-12g. We are simultaneously filing additional identical registration statements on Forms 10-12g namely: Aspen Forest Acquisition Corporation Dense Forest Acquisition Corporation Hickory Forest Acquisition Corporation Hidden Forest Acquisition Corporation Maple Forest Acquisition Corporation Snowy Forest Acquisition Corporation Walnut Forest Acquisition Corporation Willow Forest Acquisition Corporation Sincerely, /s/ Lee Cassidy Cell phone: 202-415-3563