As filed with the Securities and Exchange Commission on November 13, 2012

October 20, 2015 

Registration No. 333-

333-205416


UNITED STATES


SECURITIES AND EXCHANGE COMMISSION


WASHINGTON, D.C. 20549


Pre-Effective Amendment No. 5

to 

FORM S-1



REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933

ONLINE YEARBOOK

 

RMR Industrials Inc.
(Exact name of registrantRegistrant as specified in its charter)

Nevada

899946-0750094

46-0750094

(State or other jurisdiction of

(Primary standard industrial(IRS employerI.R.S. Employer Identification No.)
incorporation or organization)classification code number)identification number)

 

701 N. Green Valley Pkwy #2009595 Wilshire Blvd., Suite 310
Beverly Hills, CA 90212
Telephone: (310) 409-4113

Henderson, NV 89148

(702)897-9997

(Address including zip code, and telephone number, including area code,Telephone Number of registrant’s principal executive offices)Registrant’s Principal
Executive Offices and Principal Place of Business)

Incorp Services, Inc.


2360 Corporate Circle, SteSuite 400


Henderson, NV 89074-772289074
Telephone: (702) 866-2500

702-866-2500

(Name, address, including zip code,Address, and telephone number, including area code,Telephone Number for Agent of agent for service)Service)


Copies to:

Harold P. Gewerter, Esq.

5536 S. Ft. Apache #102Mark C. Lee

Las Vegas, NV 89148Greenberg Traurig, LLP
1201 K Street, Suite 1100
Sacramento, CA 95814
Telephone: (916) 442-1111

(702) 382-1714

Fax: (702) 382-1759


Approximate date of commencement of proposed sale to the public: As soon as practicable after this Registration Statement is declaredbecomes effective.


If any of the securities being registered on this Formform are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, please check the following box.box:£x


If this form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, please check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering.¨£

If this form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the
following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering.£¨

If this form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the
following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering.£¨

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

Large accelerated filer¨£Accelerated filerFiler£¨Non-accelerated filer£Smaller reporting
  companyS
(DoNon-accelerated filer (do not check if a smaller
reporting company)¨Smaller reporting companyx

 


CALCULATION OF REGISTRATION FEE

Title of Each Class of
Securities to
be Registered
  Amount to be Registered   Proposed Maximum Offering Price Per Share   Proposed Maximum Offering Price (2)   Amount of Registration Fee (3) 
                 
Common stock, par                
value $.001 per share,  2,500,000  $0.02  $50,000.00  $6.82 
for sale by our                
Company                
Title of Each Class of Securities to be Registered Proposed
Maximum
Aggregate
Offering Price (1)
  Amount of
Registration
Fee
 
Units, each consisting of one share of Class B Common Stock and one Warrant to purchase one (1) share of Class B Common Stock $7,000,000.00  $813.40 
Class B Common Stock, included in the Units (2) $-  $- 
Warrants, included in the Units (2) $-  $- 
Class B Common Stock underlying the Warrants $8,750,000.00  $1,016.75 
Total $15,750,000.00  $1,830.15(3)


(1) Registration fee has been paid via Fedwire.

(2) Estimated solely for the purpose
(1)Estimated solely for purposes of calculating the registration fee in accordance with Rule 457(o) under the Securities Act of 1933, as amended (the “Securities Act”).

(2)

No fee pursuant to Rule 457(g) under the Securities Act.

(3)

Previously Paid.

In the event of stock splits, stock dividends, or similar transactions involving the Registrant’s securities, the number of securities registered shall, unless otherwise expressly provided, automatically be deemed to cover the additional securities to be offered or issued pursuant to Rule 457(c).

(3) Estimated solely for the purpose of computing the amount of the registration fee pursuant to Rule 457(o)416 promulgated under the Securities Act.Act of 1933, as amended (the “Securities Act”).

The registrant hereby amends this registration statementRegistration Statement on such date or dates as may be necessary to delay its
effective date until the registrant shall file a further amendment which specifically states that this registration
statementRegistration Statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933 or until this registration statementthe Registration Statement shall become effective on such date as the Securities and Exchange Commission, acting
pursuant to said Section 8(a), may determine.

SUBJECT TO COMPLETION, DATED ____________ __, 2012.

The information in this prospectus is not complete and may be changed. We may not sell these securities until the registration statement filed with the Securities and Exchange Commission is effective. This prospectus is not an offer to sell these securities and we are not soliciting offersan offer to buy these securities in any state where the offer or sale is not permitted.


PROSPECTUS

ONLINE YEARBOOK

2,500,000 SharesPRELIMINARY PROSPECTUS SUBJECT TO COMPLETION DATED OCTOBER 20, 2015

RMR Industrials Inc.

700,000 Units

We are offering to sell 700,000 units (each a “Unit” and collectively, the “Units”), with each Unit consisting of one share of our Class B Common stockStock and a warrant to purchase our Class B Common Stock (each a “Warrant” and collectively, the “Warrants”).  Each Warrant entitles the holder to purchase one share of Class B Common Stock at an initial exercise price of $12.50. The Warrants are exercisable immediately and will expire five years from the date of issuance. There is no established public trading market for the Warrants, and we do not expect a market to develop. In addition, we do not intend to apply for a listing of the warrants.

This prospectus

Our Units are being offered by our executives on a best-efforts basis, which means there is no commitment on the part of anyone to purchase any of the Units. No sales commissions will also allowbe paid to our executive officers in connection with this offering. In the event that executive officers are unable to raise the full amount of the offering from potential investors, we may decide to engage FINRA members in order to assist us in raising any remaining capital under the offering. In the event we engage FINRA members, we expect to issuepay sales commissions of up to 2,500,00010% of the gross offering proceeds from their sale of the offered Units.

Any funds received as a part of this offering will be immediately deposited into our bank account and be available for our use. We have not made any arrangements to place funds in an escrow, trust or similar account for general business purposes. If we fail to raise enough capital to meet our business objectives, investors may lose their entire investment and will not be entitled to a refund.

The offering shall terminate on the earlier of (i) the date when the sale of all Units registered under the Registration Statement of which this Prospectus is part is completed, (ii) when the Board of Directors decides that it is in the best interest of the Company to terminate the offering prior the completion of the sale of all Units, or (iii) December 31, 2015.

Our Class B Common Stock is currently quoted on the OTCQB under the symbol “RMRI”. No shares of our common stock inClass B Common Stock have publicly traded on the OTCQB to date and there is no public market for our initial public
offering.Units. The proceeds fromoffering price of the sale of these sharesUnits will be available for use by$10.00 per share. For factors considered in determining the company.

             Proceeds to 
     Offering Price   Offering   Our 
     Per Share   Expenses (1)   Company 
 Per Share (Initial Public Offering)   0.02   0.002   0.0018 
 Total  $50,000  $5,000  $45,000 

(1) Estimated expenses before paymentpublic offering price of any underwriting or placement commissions, discounts or expense.the Units offered hereby, see “Determination of Offering Price.”

  

As of September 4, 2015, the Company effected a one for twenty reverse split of all of its authorized and issued and outstanding shares of Class B Common Stock. The securities offeredinformation presented in this prospectus, involveincluding the number of units offered hereby, takes into account the aforementioned reverse split.

We are an “emerging growth company” under applicable Securities and Exchange Commission rules and will be subject to reduced public company reporting requirements.

Investing in our Units involves a high degree of risk. You should considerreview carefully the risk factorsrisks and uncertainties described under the heading “Risk Factors” beginning on page 4 before purchasing our common stock.7 of this prospectus and under similar headings in the other documents that are incorporated by reference into this prospectus.

        Proceeds to Company after Expenses ($) 
  

Offering

Price

($)

  Expenses(1)  

If 10% of

Units are

sold

  

If 50% of

Units are

sold

  

If 75% of

Units are

sold

  

If 100% of

Units are

sold

 
Per Unit                        
Total  15,750,000   155,000   1,420,000   7,720,000   11,657,500   15,595,000 

(1) Expenses include legal and accounting fees in connection with this offering.

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or passed upon the adequacy or accuracy of this prospectus. Any
representation to the contrary is a criminal offense.

The date of this prospectus is            November 13, 2012., 2015.


 
Table of Contents


Table of Contents

Page
Prospectus Summary2
Risk Factors38
Cautionary NoteStatement Regarding Forward-Looking Statements918
Use of Proceeds10
Capitalization10
Dilution1118
Market forFor Common Equity and Related Stockholder Matters1119
Determination of Offering Price19
Dividend Policy19
Capitalization20
Dilution20

Plan of Distribution

21
Description of Business and PropertySecurities To Be Registered1122
Legal Matters24
Experts24
Information With Respect To The Registrant25
Management’s Discussion and Analysis of Financial Condition and Results of OperationsOperation1333
Our ManagementChanges in and Disagreements with Accountants on Accounting and Financial Disclosure1636
Quantitative and Qualitative Disclosures about Market Risk36
Directors and Executive Officers36
Executive Compensation39
Security Ownership of Certain Beneficial Owners and Management1739
Certain Relationships and Related Party Transactions, and Directors Independence1741
Description of Capital StockWhere You Can Find More Information18
Selling Stockholders43
Plan of Distribution20
Disclosure of Commission Position on Indemnification for Securities Act Liabilities23
Legal Opinion24
Experts24
Interests of Named Experts and Counsel24
Additional Information24
Index to Financial StatementsF-144
Part II – Information Not Required in Prospectus67
Other Expenses of Issuance and Distribution67
Indemnification of Directors and Officers67
Recent Sales of Unregistered Securities70
Exhibit Index70
Undertakings71
Signatures2873


Unless otherwise specified,You should rely only on the information contained or incorporated by reference in this prospectus is set forth as of November 13, 2012, and in any free writing prospectus that we anticipate that changeshave authorized for use in our affairs will occur after such date.connection with this offering. We have not authorized any other person to give anyprovide you with additional or different information. If anyone provides you with different or inconsistent information, or to make any representations, other than as contained in this prospectus, in connection with the offer contained in this prospectus. If any person gives you any information or makes representations in connection with this offer, doshould not rely on it as information we have authorized. This prospectus isit. We are not making an offer to sell our common stockthese securities in any statejurisdiction where an offer or sale is not permitted. Our business, financial condition, results of operations and prospects may have changed since that date.

Some of the industry and market data contained in or incorporated by reference in this prospectus are based on independent industry publications or other jurisdictionpublicly available information, while other information is based on our internal sources. Although we believe that each source is reliable as of its respective date, the information contained in such sources has not been independently verified, and neither we nor the underwriters can assure you as to any personthe accuracy or completeness of this information.

As used throughout this prospectus, the terms “the Company”, “RMRI”, or “we,” “our” and “us” means RMR Industrials Inc. and its wholly-owned subsidiaries, RMR IP Inc., and United States Talc and Minerals, Inc., unless the context otherwise requires.

All trade names used in this prospectus are either our registered trademarks or trademarks of their respective holders. Throughout this prospectus, we refer to whom it is unlawfulvarious trademarks, service marks and trade names that we use in our business. We also have a number of other registered trademarks, service marks and pending applications relating to makeour products. Other trademarks and service marks appearing in this prospectus are the property of their respective holders.

such offer.SUMMARY


1
Table of Contents



PROSPECTUS SUMMARY


The followingThis summary highlights selectedcertain information fromcontained elsewhere in this prospectus and mayor incorporated by reference herein. This summary does not contain all of the information that is important to you. To understand our business and this offering fully, you should consider before investing in our Units. You should read thisthe entire prospectus carefully, including the risks related to our business and investing in our Units discussed under “Risk Factors” beginning on page 7 and the other information and documents incorporated by reference into this prospectus, including our consolidated financial statements and the related notes beginning on page F-1. When we refer in this prospectus to the “Company,” “we,” “us,” and “our,” we mean Online Yearbook, a Nevada corporation. This prospectus contains forward-looking statements and information relating to Online Yearbook See Cautionary Note Regarding Forward Looking Statements on page 11.thereto.

Our Company

Online Yearbook was formed on August 6, 2012. The Company will provide, produce, design and publish online yearbooks for schools, companies and government agencies.

Online Yearbooks

Overview

We are a development stage company currently focusing on developing, and commercializing key intellectual property rights across industrial and natural resource related assets. Our business operations focus on developing potential licensing opportunities, joint ventures and strategic alliances which leverage our management team’s industrial operations experience.

Current Operations

We have acquired proprietary intellectual property rights, including patents to increase oil and gas production. This package of intellectual property, licensed from Colorado School of Mines, which specializes in minerals technology innovation, occurs through modified injection processes. Our active operations have primarily focused on developing commercial opportunities and product line extensions for this industrial based intellectual property.  The enhanced oil recovery process patents include multiple configurations varying the cycles of low-salinity water, carbon dioxide and pumping pressure. Our rights correspond to issued US patent 7,662,275 and US patent applications 61/946062, 61/941869 and 61/950500.

Our current intellectual property portfolio is focused on industrial mineral advancement. Specifically, the extraction of hydrocarbons from reservoirs. Our current sales and marketing effort is dedicated to multiple leading industry operators and service providers, such as oilfield and well completion providers, through licensing and joint venture efforts. Our business methodology is that the academic and corporate cultures provide an environment to source appealing technological and process improvements but lack the teams to properly implement and monetize. Further, we believe our affiliations, capabilities and strong relationships within the academic, corporate and industrial sectors is an advantage to complement our current development plans. Our management team has over 15 years of experience licensing intellectual property from leading universities and corporations.

Our strategy is to develop and commercialize the intellectual property rights we currently hold which we believe as a stand-alone strategy provides meaningful business opportunity. We also endeavor to own, operate, produce and distribute certain industrial minerals, including but are not commencedlimited to: feldspar, talc, mica, bentonite, vermiculite, frac sand, aggregates, antimony, barite, silica, ball clays, graphite, sulfur and zeolite. In addition, we also plan to own, operate, produce and distribute ocertain chemicals, including but not limited to: glycols, ethanol mines, methanol, antifreeze, biocides, corrosion inhibitors, demulsifiers, desalting compounds and dispersants. The experienced management team of RMR Industrials Inc. brings a multi-cycle successful track record of developing and licensing key intellectual property rights and discovering, financing and operating off-market natural resource businesses. Our current intellectual property portfolio provides significant synergies in this growth strategy.

Our wholly-owned subsidiary, RMR IP Inc. (“RMR IP”) was incorporated on October 15, 2014 as a Nevada corporation and was formed to acquire and consolidate complimentary industrial commodity assets through capitalizing on the volatile oil market, down cycles in commodity markets, and other ancillary opportunities.

2

On November 17, 2014, Rocky Mountain Resource Holdings, Inc. (the “RMRH”) became our majority shareholder by acquiring 5,200,000 shares of our common stock (the “Shares”), or 69.06% of the issued and outstanding shares of our common stock, pursuant to stock purchase agreements with Messrs. El Maraana and Salah Blal, our former officers and directors. The Shares were acquired for an aggregate purchase price of $357,670.

On December 8, 2014, we changed our name to “RMR Industrials, Inc.” in connection with the change in our business plan.

On February 26, 2015, we amended and restated our articles of incorporation to authorize the issuance of 2,100,000,000 common shares, 2,000,000,000 shares of which shall be Class A Common Stock, par value $0.001 per share, 100,000,000 (post reverse split) shares of which shall be Class B Common Stock, par value $0.001 per share, and 50,000,000 shares of which shall be Preferred Stock, par value $.001 per share.

On February 27, 2015, we entered into and consummated a merger transaction pursuant to an Agreement and Plan of Merger (the “Merger Agreement”) by and among the Company, OLYB Acquisition Corporation, a Nevada corporation and wholly-owned subsidiary of the Company (“Merger Sub”) and RMR IP. In accordance with the terms of Merger Agreement, on the Closing Date, Merger Sub merged with and into RMR IP (the “Merger”), with RMR IP surviving the Merger as our wholly-owned subsidiary.

As of September 4, 2015, the Company effected a one for twenty reverse split of all of its planned principal operationsauthorized and issued and outstanding shares of Class B Common Stock.

Target Markets

We plan to date.  Online Yearbook plans to initiate marketingdevelop, acquire and offer our productsconsolidate complementary industrial commodity assets and intellectual property through capitalizing on the volatile oil markets, down cycles in commodity markets, and other ancillary opportunities. Our expertise in developing and commercializing intellectual property rights will focus on academic and university partnerships. Typically these assets are the core manufacturer and supplier of specific bulk commodity minerals, chemicals and petrochemicals distributed to the marketplace approximately nine months followingglobal manufacturing industry.

Potential Competitive Strengths

We believe our process to discover, finance, develop and operate unique natural resources, intellectual property and industrial assets provides us a competitive advantage to achieve critical mass through the closingdevelopment and acquisition of the offering.  Operationshigh-growth assets. Our principals have extensive experience in investing in and operating natural resource assets. We believe our potential competitive strengths to date have been devoted primarily to start-up and development activities, which includebe the following:

1.·Application of Intellectual Property. We have a background in engineering, operations, finance and general management all within the natural resource sectors.
·Public Company Status - Our status as a public company will make us an attractive business partner to other natural resource related companies, and will provide greater access to capital and an increased company profile.
·Management Operating and Investing Experience - The members of our management team have developed a broad international network of contacts and corporate relationships which we believe will serve as a useful source of investment opportunities.

3 

Growth Strategy

We plan to organically develop multiple intellectual property assets within our fields’ of expertise. We believe the natural resource sectors have ample gaps in operations, optimization, and personnel management and the intellectual property we develop will help enable potential licensees to better execute in those areas providing key cost savings or revenue growth. We intend to purchase and develop our own proprietary assets to monetize our own physical resource assets but also license them to producers and industrial consumers in the relevant sectors.

In furtherance of seeking assets to complement our development plan, on June 26, 2015, our wholly-owned subsidiary, United States Talc and Minerals Inc. (“USTM”), entered into a non-binding financing arrangement with Auramet International LLC (“Auramet”), whereby subject to certain conditions, including but not limited to, the approval of a satisfactory acquisition candidate, technical due diligence and an executable acquisition purchase agreement, Auramet will loan USTM the principal amount of $12,000,000.  The maturity date of such note will be on the second anniversary of the closing and such note will accrue interest at a rate of 15% annually.  The note shall be secured by a first priority lien on all the assets of USTM.  We have also entered into a non-binding mezzanine financing arrangement with Auramet, whereby subject to meeting certain conditions, Auramet will loan USTM an additional principal amount of $5,000,000. The maturity date of such note will be on the second anniversary of the closing and such note will accrue interest at a rate of 15% annually. The note shall be secured by a second priority lien on certain assets of USTM. There are no assurances that USTM will enter into binding loan agreements with Auramet, and upon terms that are ultimately satisfactory to us. Any such failure will result in USTM and us having to seek financing from other potential sources.

Our asset acquisition strategy focuses on the formation, development and growth of scalable natural resource enterprises through leveraging our deep industry relationships to facilitate off-market acquisitions of private assets, including family-owned assets, in the midst of both assets and generational transitions. We plan to create consistent and predictable cash flows from our various businesses alongside new and accretive areas of growth, the combination of which we believe creates a lower risk environment.

To seek further growth, we will develop and license technology enablers, which we believe can result in exponential growth in markets with linear growth patterns tied to cyclical demands for products and services. Technology enablers include advances in enterprise systems in information technology, optimization of equipment and man hours and new applications and/or modification of materials for new material applications. The robustness of today’s information technology systems permit a reasonable capital expense to manage dynamic sales channels while simultaneously introducing our product and service offerings into the supply chains of the world’s top industrial companies. We intend to capture market share and provide services to the largest customers in the global manufacturing and supply industries. With the use of these technological advances, our goal is to eliminate unplanned down time at customer facilities, therefore increasing efficiency and profit margins.

Summary of Risk Factors

Our business is subject to numerous risks, which are described in the section entitled “Risk Factors” immediately following this prospectus summary on page 7. You should carefully consider these risks before making an investment. In particular, the following considerations, among others, may offset our potential competitive strengths or have a negative effect on our growth strategy, which could cause a decline in the price of our Units and result in a loss of all or a portion of your investment:

·We have incurred losses in prior periods and may incur losses in the future.
·Our future is dependent upon our ability to obtain financing. If we do not obtain such financing, we may have to cease our activities and investors could lose their entire investment.
·Our cash flows and capital resources may be insufficient to make required payments under the management services agreement with Industrial Management LLC.
·Because we may never earn revenues from our operations, our business may fail and investors may lose all of their investment in our Company.
·Our limited operating history makes evaluating our business and future prospects difficult, and may increase the risk of your investment.
·If we are unable to identify, fund and execute new acquisitions, we will not be able to execute a key element of our business strategy.
·Loss of key members of our management could disrupt our business.
·The industries in which we compete are highly competitive, and we may not be able to compete effectively with our competitors that have greater financial resources, which could have a material adverse effect on our business, results of operations and financial condition.
·Increases in the price of our primary raw materials may decrease our profitability and adversely affect our liquidity, cash flow, financial condition and results of operations.

 Framework4

·The Company will operate in a global, competitive environment which gives rise to operating and market risk exposure.
·Disruptions in production at our manufacturing facilities, both planned and unplanned, may have a material impact on our business, results of operations and/or financial condition.
·We will expend large amounts of money for environmental compliance in connection with our operations.
·We are subject to environmental clean-up costs, fines, penalties and damage claims that have been and continue to be costly.
·Increased concerns regarding the business;safe use of chemicals in commerce and their potential impact on the environment have resulted in more restrictive regulations from local, state and federal governments and could lead to new regulations.
·We work with dangerous materials that can injure our employees, damage our facilities and disrupt our operations.
·We may be subject to claims of infringement of the intellectual property rights of others, which could hurt our business.

Company Information

Our principal executive offices are currently located at RMR Industrials Inc., 9595 Wilshire Blvd., Suite 310, Beverly Hills, California 90212, and our telephone number is (310) 409-4113. Information regarding RMR Industrials’ operations may be found atwww.rmrholdings.com. Information contained in or accessible through this website does not constitute part of this prospectus.

We are an emerging growth company, as that term is defined in the Jumpstart Our Business Startups Act of 2012, or the JOBS Act. For so long as we are an emerging growth company, we will not be required to:

have an auditor report on our internal controls over financial reporting pursuant to Section 404(b) of the Sarbanes-Oxley Act;
   
2. Evaluate industriescomply with new or revised accounting standards until they would apply to private companies, although we are choosing to “opt out” of this exemption and will comply with such standards as initial markets;required when they are adopted;
   
3. Define initial parameters forPersonality Packages for each potential marketcomply with any requirement that may be adopted by the Public Company Accounting Oversight Board regarding mandatory audit firm rotation or a supplement to the auditor’s report providing additional information about the audit and the financial statements (i.e., an auditor discussion and analysis);
   
4. Due diligence on availability of outsourcingsubmit certain executive compensation matters to shareholder advisory votes, such as “say-on-pay”, “say-on-frequency” and freelance workers to aid in developing Personality Packages;“say-on-golden parachute;” and
   
5.disclose certain executive compensation related items such as the correlation between executive compensation and performance and comparisons of the Chief Executive’s compensation to median employee compensation.

We will remain an “emerging growth company” until the last day of our fiscal year following the fifth anniversary of the date of our first sale of common equity securities pursuant to an effective registration under the Securities Act, or until the earliest of (i) the last day of the first fiscal year in which our total annual gross revenues exceed $1 billion, (ii) the date that we become a “large accelerated filer” as defined in Rule 12b-2 under the Securities Exchange Act of 1934, which would occur if the market value of our ordinary shares that is held by non-affiliates exceeds $700 million as of the last business day of our most recently completed second fiscal quarter or (iii) the date on which we have issued more than $1 billion in non-convertible debt during the preceding three year period.

We also qualify as a “smaller reporting company,” as defined by Regulation S-K under the Securities Act of 1933, as amended, or the “Securities Act.” As such, we also are exempt from the auditor attestation requirements of Section 404 of the Sarbanes-Oxley Act and also are subject to less extensive disclosure requirements regarding executive compensation in our periodic reports and proxy statements. We will continue to be deemed a smaller reporting company until our public float exceeds $75,000,000 on the last day of our second fiscal quarter in any fiscal year.

5

Summary of the Offering

The offering:  Due diligence

Self-underwritten, best-efforts offering with no minimum subscription requirement.

Securities we are offering:

700,000 Units, with each Unit consisting of one share of Class B Common Stock and one warrant to purchase one share of Class B Common Stock.

Class B Common Stock outstanding immediately after the offering:

1,533,459

Warrants outstanding immediately after the offering:

700,000 Warrants included as part of the Units offered hereby.

Price per Unit:

$10.00

Duration of Offering:The offering shall terminate on technologythe earlier of (i) the date when the sale of all Units registered under the Registration Statement of which this Prospectus is part is completed, (ii) when the Board of Directors decides that it is in the best interest of the Company to make our products available to mobile devices;terminate the offering prior the completion of the sale of all Units, or (iii) December 31, 2015.
   
6.Terms of Warrants issued as a part of the offering: Conducted research

Exercise price – $12.50

Exercisability – each Warrant is exercisable for one share of Class B Common Stock, subject to adjustment as described herein.

Exercise period – each Warrant will be immediately exercisable on the date of issuance and evaluated server space availability.will expire five years thereafter or earlier upon redemption.



The Company’s revenues are expected to be derived primarily from subscriptions to the Company’s yearbooks. The Company has suffered operating losses since its inception, primarily as a result of start up costs including market research, test and development of its website to date.

Our executive offices are located at 701 N. Green Valley Pkwy #200, Henderson, NV 890749. Our telephone number is (702) 990-3320.


The Offering

This prospectus covers up to 2,500,000 shares to be issued and sold by the company at a price of $0.02 per share in a direct public offering.

2Redemption of Warrants issued as a part of the offering:We may call the Warrants for redemption at a price of $0.01 for each Warrant at any time while the Warrants are exercisable, provided, however, that (a) (i) the last reported sales price of the Class B Common Stock is equal to or greater than 125% of the then applicable exercise price on the third business day prior to the notice of redemption, and (ii) the Class B Common Stock is quoted on or listed for trading on either The New York Stock Exchange, The Nasdaq Global Market, The NASDAQ Capital Market, The Nasdaq Global Select Market or the NYSE MKT, or (b) the last reported sales price of the Class B Common Stock has been equal to or greater than 125% of the then applicable exercise price for each trading day in the 20-trading-day period ending on the third business day prior to the notice of redemption to the registered holders, and in each case, there is an effective registration statement covering the shares of Class B Common Stock issuable upon exercise of the Warrants current and available.
Table of Contents


ABOUT THIS OFFERING

Securities Being Offered 
 Up

If the foregoing conditions are satisfied and we call the Warrants for redemption, each Warrant holder will then be entitled to 2,500,000 shares of common stock of Online Yearbookexercise his or her Warrant prior to the date scheduled for redemption. However, there can be sold byno assurance that the company at a price of $0.02 per share.the Class B Common Stock will exceed the call price or the Warrant exercise price after the redemption call is made.

Initial Offering PriceRisk Factors:See “Risk Factors” beginning on page 7 of this prospectus and under similar headings in the other documents that are incorporated by reference into this prospectus for a discussion of factors you should consider before investing in our Units.
 
The company will sell up to 2,500,000 shares at a price of $0.02 per share.
Terms of the OfferingOTCQB symbol: 
The company will offer and sell the shares of its common stock at a price of
$0.02 per share in a direct offering to the public.
Termination of the Offering 
The offering will conclude when the company has sold all of the 2,500,000 shares of common stock offered by it. The company may, in its sole discretion, decide to terminate the registration of the shares offered by the company.
Risk Factors
An investment in our common stock is highly speculative and involves a high
degree of risk. See Risk Factors beginning on page 4.“RMRI” (Class B Common Stock)

6

Summary Financial Data

The following tables set forth our summary financial data for the periods presented and should be read together with “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and our financial statements and related notes appearing elsewhere in this prospectus. The summary financial data for the period from October 15, 2014 (inception) through January 31, 2015 was derived from our audited financial statements included elsewhere in this prospectus. We have also included data from our unaudited financial statements for the three months ended June 30, 2015. Our historical results presented below are not necessarily indicative of the financial results that may be achieved in any future period.

Summary of Statement of Operations October 15,
2014
(inception)
through
January
31, 2015
  Three Months
Ended
June 30, 2015
 
Revenues $-  $- 
Cost of Goods Sold $-  $- 
Selling, General and Administrative Expenses $407,521  $537,248 
Total Other income (expense) $-  $- 
Net loss $(407,521) $(537,248)
Net loss per common share (basic and diluted) $(0.50) $(0.01)
Weighted average number of shares outstanding  822,222   51,930,000 

Summary of Financial Position October 15,
2014
(inception)
Through
January 31,
2015
  Three Months
Ended
June 30, 2015
(Actual)
 
Cash $1,767  $4,798 
Total current assets $1,767  $4,798 
Total assets $14,230  $6,287 
Total current liabilities $419,984  $1,387,944 
Stockholders’ equity (deficit) $(405,754) $(1,381,657)
Total liabilities and stockholders’ deficit $14,230  $6,287 

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RISK FACTORS

An

Investing in our securities involves risks. Before making an investment in our common stock is highly speculative, involves a high degree of risk, and should be made only by investors who can afford a complete loss. YouCompany, you should carefully consider the following risk factors together with theset forth below, which contain important information about us and our business. You should also consider any other information included in this prospectus including our financial statements and the related notes, before you decide to buy our common stock. Our most significantany prospectus supplement and any other information that we have incorporated by reference. Any of these risks, as well as other risks and uncertainties are described below; however, they are not the only risksknown to us or that we face. If any of the following risks actually occur,believe to be immaterial, could harm our business, financial condition, or results of operations could be materially adversely affected,or cash flows. We cannot assure you of a profit or protect you against a loss on the tradingshares of our common stock could decline,that you purchase in our company.

Risks Related to Our Business and youIndustry

We have incurred losses in prior periods and may lose allincur losses in the future.

We cannot be assured that we can achieve or part of your investment therein.

Risks Relating tosustain profitability on a quarterly or annual basis in the Early Stage of our Company

Wefuture. Our operations are at a very early operational stage and our success is subject to the substantial risks and competition inherent in the establishment of a new business venture.

The implementation ofenterprise. There can be no assurance that future operations will be profitable. We may not achieve our business strategyobjectives and the failure to achieve such goals would have an adverse impact on us.

Our future is dependent upon our ability to obtain financing. If we do not obtain such financing, we may have to cease our activities and investors could lose their entire investment.

There is no assurance that we will operate profitably or generate positive cash flow in a very early stage.the future. We will require additional financing in order to proceed with our business plan and acquire existing businesses that manufacture and distribute chemicals and minerals. We will also require additional financing to sustain our business operations if we are not successful in earning revenues. We may not be able to obtain financing on commercially reasonable terms or terms that are acceptable to us when it is required. Our future is dependent upon our ability to obtain financing, such as the financial arrangements we are negotiating with Auramet. If we do not obtain such financing, our business could fail and investors could lose their entire investment.

Because we may never earn revenues from our operations, should be considered to be in a very early stageour business may fail and subject toinvestors may lose all of the risks inherent in the establishment of a new business venture. Accordingly, our intended business and operations may not prove to be successful in the near future, if at all. Any future success that we might enjoy will depend upon many factors, several of which may be beyond our control, or which cannot be predicted at this time, and which could have a material adverse effect upon our financial condition, business prospects and operations and the value of antheir investment in our company.Company.

We haveare a verycompany with a limited operating history and our business planfuture profitability is unproven and may not be successful.

Our company was formed in August 2012 but we have not yet begun full scale operations.uncertain. We have not proven that our business model will allow usyet to generate a profit.

We have suffered operating losses since inceptionpositive earnings and we may not be able to achieve profitability.

We had an accumulated deficit of $9,325 as of September 30, 2012. We are sustaining substantial operating and net losses, and it is possible that we will never be able to sustain or develop the revenue levels necessary to attain profitability.

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We may have difficulty raising additional capital, which could deprive us of necessary resources.

In order to support the initiatives envisioned in our business plan, we will need to raise additional funds through public or private debt or equity financing, collaborative relationships or other arrangements. Our ability to raise additional financing depends on many factors beyond our control, including the state of capital markets, the market price of our common stock and the development or prospects for development of competitive technology by others. Because our common stock is not listed on a major stock market, many investors may not be willing or allowed to purchase it or may demand steep discounts. Sufficient additional financing may not be available to us or may be available only on terms that would result in further dilution to the current owners of our common stock.

If we are unsuccessful in raising additional capital, or the terms of raising such capital are unacceptable, we may have to modify our business plan and/or significantly curtail our planned activities and other operations.

Failure to effectively manage our growth could place strains on our managerial, operational and financial resources and could adversely affect our business and operating results.

Our growth has placed, and is expected to continue to place, a strain on our managerial, operational and financial resources. Any further growth by us or an increase in the number of our strategic relationships will increase this strain on our managerial, operational and financial resources. This strain may inhibit our ability to achieve the rapid execution necessary to implement our business plan, and could have a material adverse effect upon our financial condition, business prospects and operations and the value of an investment in our company.

Risks Relating to Our Business

We have limited sales and marketing experience, which increases the risk that our business will fail.

Our officers, who will be responsible for marketing our website to potential users, have no experience in the social media or internet industries, and have only nominal sales and marketing experience. Further, we have budgeted only $10,000 toward sales and marketing efforts over the next 12 months, which by industry standards is a very limited amount of capital with which to launch our effort. Given the relatively small marketing budget and limited experience of our officers, there can be no assurance that such efforts will be successful. Further, if our initial efforts to create a market for our website are not successful, there can be no assurance that we will ever operate profitably. If our business plan is not successful and we are not able to operate profitably, then our stock may become worthless and investors may lose all of their investment in our Company.

Prior to obtaining a large market share for our products, we anticipate that we will incur increased operating expenses without realizing any revenues. We therefore expect to incur significant losses into the foreseeable future. We recognize that, if we are unable to generate significant revenues from the sale of our products in the future, we will not be able to attractearn profits or continue operations. There is no history upon which to base any assumption as to the likelihood that we will prove successful, and retain qualified individuals with marketing and sales expertise to attract subscribers to our website. Our future success will depend, among other factors, upon whether our serviceswe can be sold at a profitable price and the extent to which consumers acquire, adopt, and continue to use them. There can beprovide no assurance that we will generate any revenues or ever achieve profitability. If we are unsuccessful in addressing these risks, our websitebusiness will gain wide acceptancefail and investors may lose all of their investment in its targetedour Company.

Our limited operating history makes evaluating our business and future prospects difficult, and may increase the risk of your investment.

Our limited operating history may not provide a meaningful basis on which to evaluate our business. We will continue to encounter risks and difficulties frequently experienced by companies at a similar stage of development, including our potential failure to:

expand our product offerings and maintain the high quality of products offered;

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manage our expanding operations, including the integration of any future acquisitions;
obtain sufficient working capital to support our expansion and to fill customers’ orders on time;
maintain adequate control of our expenses;
implement our product development, marketing, sales, and acquisition strategies and adapt and modify them as needed; and
anticipate and adapt to changing conditions in the markets in which we operate as well as the impact of any changes in government regulation, mergers and acquisitions involving our competitors, technological developments, and other significant competitive and market dynamics.

If we are not successful in addressing any or all of these risks, then our business may be materially and adversely affected.

If we are unable to identify, fund and execute new acquisitions, we will not be able to execute a key element of our business strategy.

Our strategy is to grow primarily by acquiring additional businesses and product lines. We cannot give any assurance that we will be able to effectively marketidentify, acquire or profitably manage additional businesses and product lines. Financing for acquisitions may not be available, or may be available only at a cost or on terms and conditions that are unacceptable to us. Further, acquisitions may involve a number of special risks or effects, including diversion of management’s attention, failure to retain key acquired personnel, unanticipated events or circumstances, legal liabilities, impairment of acquired intangible assets and other one-time or ongoing acquisition-related expenses. Some or all of these special risks or effects could have a material adverse effect on our services.financial and operating results. In addition, we cannot assure you that acquired businesses or product lines, if any, will achieve anticipated revenues and earnings.

In addition, we may not be able to successfully or profitably integrate, operate, maintain and manage our newly acquired operations or their employees. We may not be able to executemaintain uniform standards, controls, procedures and policies, which may lead to operational inefficiencies.

Loss of key members of our management could disrupt our business.

We depend on the continued employment and performance of our senior executives and other key members of management. If any of these individuals resigns or becomes unable to continue in his or her present role and is not adequately replaced, our business plan or stay in business without additional funding.

Ouroperations and our ability to generate future operating revenues depends in part on whether we can obtain the financing necessary to implement our business plan.growth strategies could be materially disrupted. We will likely require additional financing through the issuance of debt and/or equity in order to establish profitable operations,generally do not have employment agreements with, and such financing maywe do not be forthcoming. As widely reported, the global and domestic financial markets have been extremely volatile in recent months.  If such conditions and constraints continue or if there is no investor appetite to finance our specific business, we may not be able to acquire additional financing through credit markets or equity markets. Even if additional financing is available, it may not be available on terms favorable to us. At this time, we have not identified or secured sources of additional financing.  Our failure to secure additional financing when it becomes required will have an adverse effect on our ability to remain in business.

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If our estimates related to future expenditures are erroneous or inaccurate, our business will fail and you could lose your entire investment.

Our success is dependent in part upon the accuracymaintain any "key person" life insurance for, any of our management’s estimates of our future cost expenditures for legal and accounting services (including those we expect to incur as a publicly reporting company), for website marketing and development expenses, and for administrative expenses, which management estimates to be approximately between $25,000 and $45,000 over the next twelve months. If such estimates are erroneous or inaccurate, or if we encounter unforeseen costs, we may not be able to carry out our business plan, which could result in the failure of our business and the loss of your entire investment.

Our auditor has raised substantial doubts about our ability to continue as a going concern and if we are unable to continue our business, our shares may have little or no value.

The company’s ability to become a profitable operating company is dependent upon its ability to generate revenues and/or obtain financing adequate to fulfill its research and market introduction activities, and achieving a level of revenues adequate to support our cost structure has raised substantial doubts about our ability to continue as a going concern. We plan to attempt to raise additional equity capital by selling shares in this offering and, if necessary, through one or more private placement or public offerings. However, the doubts raised, relating to our ability to continue as a going concern, may make our shares an unattractive investment for potential investors. These factors, among others, may make it difficult to raise any additional capital.

We will need to achieve commercial acceptance of our applications to generate revenues and achieve profitability.

Even if our development yields technologically superior sites, we may not successfully develop commercial sites, and even if we do, we may not do so on a timely basis. We cannot predict when significant commercial market acceptance for our sites and the affiliated products sold thereon will develop, if at all, and we cannot reliably estimate the projected size of any such potential market. If markets fail to accept our sites and related products, we may not be able to generate revenues from the commercial application of our technologies. Our revenue growth and achievement of profitability will depend substantially on our ability to introduce new products that are accepted by customers. If we are unable to cost-effectively achieve acceptance of our sites by customers, or if the associated products do not achieve wide market acceptance, our business will be materially and adversely affected.

We will need to establish additional relationships with collaborative and development partners to fully develop and market our sites.

We do not possess all of the resources necessary to develop and commercialize sites and related products on a mass scale. Unless we expand our development capacity and enhance our internal marketing, we will need to make appropriate arrangements with collaborative affiliates to develop and commercialize our site.


Collaborations may allow us to:

·generate cash flow and revenue;
·offset some of the costs associated with our internal development; and
·successfully commercialize our site.


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If we need, but do not find appropriate affiliate arrangements, our ability to develop and commercialize our site could be adversely affected. Even if we are able to find collaborative partners, the overall success of the development and commercialization of our site will depend largely on the efforts of other parties and is beyond our control. In addition, in the event we pursue our commercialization strategy through collaboration, there are a variety of attendant technical, business and legal risks, including:

·a development partner would likely gain access to our proprietary information, potentially enabling the partner to develop sites and affiliate products without us or design around our intellectual property;

· we may not be able to control the amount and timing of resources that our collaborators may be willing or able to devote to the development or commercialization of our sites and affiliate products, or to their marketing and distribution; and

·disputes may arise between us and our collaborators that result in the delay or termination of the development or commercialization of our sites or marketing or that result in costly litigation or arbitration that diverts our management’s resources.

The occurrence of any of the above risks could impair our ability to generate revenues and harm our business and financial condition.

Any significant disruption in our website presence or services could result in a loss of customers.

Our plans call for our customers to access our service through our website. Our reputation and ability to attract, retain and serve our customers will be dependent upon the reliable performance of our website, network infrastructure and fulfillment processes (how we deliver services purchased by our customers). Prolonged or frequent interruptions in any of these systems could make our website unavailable or unusable, which could diminish the overall attractiveness of our subscription service to existing and potential customers.

Our servers will likely be vulnerable to computer viruses, physical or electronic break-ins and similar disruptions, which could lead to interruptions and delays in our service and operations and loss, misuse or theft of data. It is likely that our website will periodically experience directed attacks intended to cause a disruption in service, which is not uncommon for web-based businesses. Any attempts by hackers to disrupt our website service or our internal systems, if successful, could harm our business, be expensive to remedy and damage our reputation.  Efforts to prevent hackers from entering our computer systems are expensive to implement and may limit the functionality of our services. Any significant disruption to our website or internal computer systems could result in a loss of subscribers and adversely affect our business and results of operations.

Oursite may be displaced by newer technology.

The Internet and job seeking industries are undergoing rapid and significant technological change. Third parties may succeed in developing or marketing technologies and products that are more effective than those developed or marketed by us, or that would make our technology and sites obsolete or non-competitive. Accordingly, our success will depend, in part, on our ability to respond quickly to technological changes through the development and introduction of new sites and products. We may not have the resources to do this. If our sites or product candidates become obsolete and our efforts to secure and develop new products and sites do not result in any commercially successful sites or products, our sales and revenues will decline.executive officers.

 

WeThe industries in which we compete are in ahighly competitive, market which could impact our ability to gain market share which could harm our financial performance.

The business of niche of yearbooks service websites is very competitive. Barriers to entry on the Internet are relatively low, and we face competitive pressures from companies anxious to join this niche. There are a number of successful websites operated by proven companies that offer similar niche social networking to visual yearbook service that will put together job seekers and employers, which may prevent us from gaining enough market share to become successful.  These competitors have existing customers that may form a large part of our targeted client base, and such clients may be hesitant to switch over from already established competitors to our service.  If we cannot gain enough market share, our business and our financial performance will be adversely affected.

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We are a small company with limited resources relative to our competitors and we may not be able to compete effectively.effectively with our competitors that have greater financial resources, which could have a material adverse effect on our business, results of operations and financial condition.

The niche yearbook service websitesindustries in which we operate are highly competitive. Among our competitors are some of the world's largest chemical companies that have their own raw material resources. Changes in the competitive landscape could make it difficult for us to retain our leadership position in various products and markets throughout the world. In addition, some of the companies with whom we compete may be able to produce products more economically than we can. Furthermore, most of our competitors have longer operating histories, greater financial resources, which may enable them to invest significant capital into their businesses, including expenditures for research and name recognition,development. Some of our competitors are owned or partially owned by foreign governments which may provide a competitive advantage to those competitors.

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Increases in the price of our primary raw materials may decrease our profitability and a larger baseadversely affect our liquidity, cash flow, financial condition and results of customers thanoperations.

The prices we have. As a result, these competitors will have greater credibility withpay for raw materials in our potential customers. They alsobusinesses may increase significantly, and we may not always be able to adopt more aggressive pricing policiespass those increases through to our customers fully and devote greater resources totimely. In the development, promotion, and sale of their services thanfuture, we may be ableunable to devote topass on increases in our services. .  Therefore, weraw material costs, and raw material price increases may not be able to compete effectively and our business may fail.

The loss oferode the services of eitherprofitability of our officers orproducts by reducing our failure to timely identify and retain competent personnel could negatively impactgross profit. Price increases for raw materials may also increase our ability to develop our website and sell our services.

The development of our website and the marketing of our services will continue to place a significant strain on our limited personnel, management, and other resources. Our future success depends upon the continued services of our executive officers, El Maraana and Salah Blal who are developing our business, and on our ability to identify and retain competent consultants and employees with the skills required to execute our business objectives. The loss of the services of either of our officers or our failure to timely identify and retain competent personnel could negatively impact our ability to develop our website and sell our services,working capital needs, which could adversely affect our liquidity and cash flow. For these reasons, we cannot assure you that raw material cost increases in our businesses would not have a material adverse effect on our financial condition and results of operations.

The Company will operate in a global, competitive environment which gives rise to operating and impairmarket risk exposure.

The Company expects to sell a broad range of products and services in a competitive, global environment, and to compete worldwide for sales on the basis of product quality, price, technology and customer service. Increased levels of competition could result in lower prices or lower sales volume, which could have a negative impact on the Company's results of operations.

Economic conditions around the world, and in certain industries in which the Company does business also impact sales prices and volume. As a result, market uncertainty or an economic downturn in the geographic areas or industries in which we sells our growth.products could reduce demand for these products and result in decreased sales volume, which could have a negative impact on our results of operations.

Our officers

In addition, volatility and directorsdisruption of financial markets could limit customers' ability to obtain adequate financing to maintain operations, which could result in a decrease in sales volume and have conflictsa negative impact on our results of operations. The Company's global business operations may also give rise to market risk exposure related to changes in foreign exchange rates, interest rates, commodity prices and other market factors such as equity prices.

Disruptions in production at our manufacturing facilities, both planned and unplanned, may have a material impact on our business, results of operations and/or financial condition.

Manufacturing facilities in our industry are subject to planned and unplanned production shutdowns, turnarounds and outages. Unplanned production disruptions may occur for external reasons including natural disasters, weather, disease, strikes, transportation interruption, government regulation, political unrest or terrorism, or internal reasons, such as fire, unplanned maintenance or other manufacturing problems. Alternative facilities with sufficient capacity may not be available, may cost substantially more or may take a significant time to increase production or qualify with our customers, each of which could negatively impact our business, results of operations and/or financial condition. Long-term production disruptions may cause our customers to seek alternative supply which could further adversely affect our profitability.

We will expend large amounts of money for environmental compliance in connection with our operations.

When we become a manufacturer and distributor of minerals and chemicals, we will be subject to stringent regulations under numerous U.S. federal, state, local and foreign environmental, health and safety laws and regulations relating to the generation, storage, handling, discharge, disposition and stewardship of hazardous wastes and other materials. We will expend substantial funds to comply with such laws and regulations and have established a policy to minimize our emissions to the environment. Nevertheless, legislative, regulatory and economic uncertainties (including existing and potential laws and regulations pertaining to climate change) make it difficult for us to project future spending for these purposes and if there is an acceleration in new regulatory requirements, we may be required to expend substantial additional funds to remain in compliance.

We are subject to environmental clean-up costs, fines, penalties and damage claims that they have been and continue to be costly.

We are subject to lawsuits and regulatory actions, in connection with current and former operations (including divested businesses), for breaches of environmental laws that seek clean-up or other time commitmentsremedies. We are also subject to lawsuits and investigations by public and private parties under various environmental laws in connection with our current and former operations in various states, including with respect to off-site disposal at facilities where we have been identified as a potentially responsible party under the Comprehensive Environmental Response, Compensation and Liability Act of 1980, as amended, commonly referred to as CERCLA. We are also subject to similar risks outside of the U.S.

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Increased concerns regarding the safe use of chemicals in commerce and their potential impact on the environment have resulted in more restrictive regulations from local, state and federal governments and could lead to new regulations.

Concerns regarding the safe use of chemicals in commerce and their potential impact on health and the environment reflect a growing trend in societal demands for increasing levels of product safety and environmental protection. These concerns could manifest themselves in stockholder proposals, preferred purchasing and continued pressure for more stringent regulatory intervention. These concerns could also influence public perceptions, the viability of the Company's products, the Company's reputation and the cost to comply with regulations. In addition, terrorist attacks and natural disasters have increased concerns about the security and safety of chemical production and distribution. These concerns could have a negative impact on the Company's results of operations.

Local, state and federal governments continue to propose new regulations related to the security of chemical plant locations and the transportation of hazardous chemicals, which could result in higher operating costs.

We work with dangerous materials that will prevent themcan injure our employees, damage our facilities and disrupt our operations.

Some of our operations involve the handling of hazardous materials that may pose the risk of fire, explosion, or the release of hazardous substances. Such events could result from devoting full-timeterrorist attacks, natural disasters, or operational failures, and might cause injury or loss of life to our employees and others, environmental contamination, and property damage. These events might cause a temporary shutdown of an affected plant, or portion thereof, and we could be subject to penalties or claims as a result. A disruption of our operations which may affectcaused by these or other events could have a material adverse effect on our results of operations.

 Because

We may be subject to claims of infringement of the intellectual property rights of others, which could hurt our officersbusiness.

From time to time, we expect to face infringement claims from our competitors or others alleging that our processes or products infringe on their proprietary technologies. Any claims that our products or processes infringe the intellectual property rights of others, regardless of the merit or resolution of the claims, could cause us to incur significant costs in responding to, defending and directors, whoresolving the claims, and may divert the efforts and attention of our management and technical personnel from our business. If we are responsiblefound to be infringing on the proprietary technology of others, we may be liable for alldamages, and we may be required to change our processes, redesign our products, pay others to use the technology or stop using the technology or producing the infringing product. Even if we ultimately prevail, the existence of the lawsuit could prompt our customers to switch to products that are not the subject of infringement suits.

We are engaged in advanced negotiations in connection with two potential acquisitions. If we do not complete these transactions, our business activities,and stock price may suffer.

We are engaged in advanced negotiations in connection with the potential acquisition of a producer and supplier of industrial mineral products for the ceramic, paint, plastic, roofing, composite wood and agricultural industries and a company that formulates production, drilling and specialty chemicals while also providing contract blending and reclamation services to the oil and gas industry.

Completion of these transactions is subject to the drafting, negotiation and consummation of definitive transaction agreements which will include extensive representations, warranties, covenants, indemnities and certain conditions to the closing of such transactions, including obtaining the relevant regulatory approvals and having sufficient financing in place. We cannot assure you that we will be able to complete the proposed transactions on the proposed terms, if at all.

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The proposed transactions are part of our ongoing efforts to implement our business plan by acquiring industrial commodity businesses. However, if we do not devote their full working timecomplete the proposed acquisitions, we may not achieve the returns that we seek from the proceeds of this offering to operation and managementthe extent, if any, that we intend to use any net proceeds to acquire such assets or companies. We also cannot predict how the announcement of us, the implementationpotential acquisitions, or the completion or non-completion of the transactions on the contemplated terms, will affect the trading price of our business planscommon stock.

Risks Relating To Our Common Stock and Our Status as a Public Company

Shares of our common stock that have not been registered under the Securities Act of 1933, as amended, regardless of whether such shares are restricted or unrestricted, are subject to resale restrictions imposed by Rule 144, including those set forth in Rule 144(i) which apply to a “shell company.” In addition, any shares of our common stock that are held by affiliates, including any received in a registered offering, will be subject to the resale restrictions of Rule 144(i).

Pursuant to Rule 144 of the Securities Act of 1933, as amended (“Rule 144”), a “shell company” is defined as a company that has no or nominal operations; and, either no or nominal assets; assets consisting solely of cash and cash equivalents; or assets consisting of any amount of cash and cash equivalents and nominal other assets. As such, we may be impeded. Our officersdeemed a “shell company” pursuant to Rule 144 prior to the Merger, and directorsas such, sales of our securities pursuant to Rule 144 are not able to be made until a period of at least twelve months has elapsed from the date on which our Current Report on Form 8-K is filed with the Commission reflecting our status as a non- “shell company.” Therefore, any restricted securities we sell in the future or issue to consultants or employees, in consideration for services rendered or for any other purpose will have no liquidity until and unless such securities are registered with the Commission and/or until a year after the date of the filing of our Current Report on Form 8-K and we have otherwise complied with the other obligations and time commitments, which will slowrequirements of Rule 144. As a result, it may be harder for us to fund our operations and pay our employees and consultants with our securities instead of cash. Furthermore, it will be harder for us to raise funding through the sale of debt or equity securities unless we agree to register such securities with the Commission, which could cause us to expend additional resources in the future. Our previous status as a “shell company” could prevent us from raising additional funds, engaging employees and consultants, and using our securities to pay for any acquisitions, which could cause the value of our securities, if any, to decline in value or become worthless. Lastly, any shares held by affiliates, including shares received in any registered offering, will be subject to the resale restrictions of Rule 144(i).

We will be required to incur significant costs and require significant management resources to evaluate our internal control over financial reporting as required under Section 404 of the Sarbanes-Oxley Act, and any failure to comply or any adverse result from such evaluation may reducehave an adverse effect on our stock price.

As a smaller reporting company as defined in Rule 12b-2 under the Securities Exchange Act of 1934, as amended, we are required to evaluate our internal control over financial reporting under Section 404 of the Sarbanes-Oxley Act of 2002 (“Section 404”). Section 404 requires us to include an internal control report with the Annual Report on Form 10-K. This report must include management’s assessment of the effectiveness of our internal control over financial reporting as of the end of the fiscal year. This report must also include disclosure of any material weaknesses in internal control over financial reporting that we have identified. Failure to comply, or any adverse results from such evaluation could result in a loss of investor confidence in our financial resultsreports and as a result,have an adverse effect on the trading price of our equity securities. Management believes that its internal controls and procedures are currently effective to detect the inappropriate application of U.S. GAAP rules.

Achieving continued compliance with Section 404 may require us to incur significant costs and expend significant time and management resources. We cannot assure you that we may notwill be able to continuefully comply with Section 404 or that we and our independent registered public accounting firm would be able to conclude that our internal control over financial reporting is effective at fiscal year end. As a result, investors could lose confidence in our reported financial information, which could have an adverse effect on the trading price of our securities, as well as subject us to civil or criminal investigations and penalties. In addition, our independent registered public accounting firm may not agree with our operations. Additionally, when they become unablemanagement’s assessment or conclude that our internal control over financial reporting is operating effectively.

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Our founders, who also comprise a majority of the Company’s management team, have and will have after this offering significant ownership of the Company, including a majority of our voting stock giving them the ability to handlecontrol most, if not all, Company decisions.

Assuming the daily operationsmaximum amount of Units offered hereunder are sold in this offering, our directors and executive officers will still own, directly or indirectly, approximately 21% of the Company’s aggregate outstanding capital stock and approximately 57% of the Company Class A Common Stock (the Company’s voting capital stock) on their own, weeffectively giving them voting control on most, if not all, decisions. The voting rights represented by these share holdings provide our management with a sufficient number of voting rights for all practical purposes to effectively control the election of our directors, cause us to engage in transactions with affiliated entities, cause or restrict the sale or merger of the Company, and effect such other matters as may not be ablepresented for a vote of our shareholders. Such concentration of ownership and control could have the effect of delaying, deferring or preventing a change in control of the Company even when such a change of control would be in the best interests of the Company’s other shareholders. Accordingly, investors in this offering will have little voice in our management decisions and will exercise very little control over us. In addition, the applicable sections of the Nevada Revised Statutes provide that certain actions must be approved by a specified percentage of shareholders. In the event that the requisite approval of shareholders is obtained, dissenting shareholders would be bound by such vote. Accordingly, no persons should purchase any Units unless they are willing to hire additional qualified personnelentrust all aspects of control to replace themour management.

The existence of indemnification rights to our directors, officers and employees may result in a timely manner. If this event should occur, wesubstantial expenditures by our company and may not be ablediscourage lawsuits against our directors, officers and employees.

The indemnification obligations provided in our articles of incorporation and our bylaws to reach profitability, which mightour directors and officers could result in the lossCompany incurring substantial expenditures to cover the cost of somesettlement or all of your investment in our common stock.


Risks Relating to our Stock

The Offering price of $0.02 per share is arbitrary.

The Offering price of $0.02 per share has been arbitrarily determined by our managementdamage awards against directors and does not bear any relationship to the assets, net worth or projected earnings of the Company or any other generally accepted criteria of value.

We have no firm commitments to purchase any shares.

We have no firm commitment for the purchase of any shares. Therefore there is no assurance that a trading market will develop or be sustained. The Company has not engaged a placement agent or broker for the sale of the shares. The Companyofficers, which we may be unable to identify investors to purchase the sharesrecoup. These provisions and resultant costs may also discourage our company from bringing a lawsuit against directors and officers for breaches of their fiduciary duties, and may have inadequate capital to support its ongoing business obligations.similarly discourage the filing of derivative litigation by our shareholders against our directors and officers even though such actions, if successful, might otherwise benefit our company and shareholders.

All proceeds from the sale

Our stock is categorized as a penny stock. Trading of shares offeredour stock may be restricted by the company will be immediately available for use by the company.

There is no minimum offering amount and we have not established an escrow to hold any of the proceeds from the sale of the shares offered by the company. As a result, all proceeds from the sale of shares offered by the company will be available for immediate use by the company. The proceeds of the sale may not be sufficient to implement the company’s business strategy.

We will apply to have our commonSEC’s penny stock traded over the counter,regulations which may deprive stockholders of the full value of their shares.limit a shareholder’s ability to buy and sell our stock.

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We will apply to have our common stock quoted via the OTC Electronic Bulletin Board. Therefore, our commonOur stock is expected to have fewer market makers, lower trading volumes and larger spreads between bid and asked prices than securities listed on an exchange suchcategorized as the New York Stock Exchange or the NASDAQ Stock Market. These factors may result in higher price volatility and less market liquidity for the commona penny stock. The Company may neverSEC has adopted Rule 15g-9 which generally defines “penny stock” to be approved for trading on any exchange.

A low market price would severely limit the potential market for our common stock.

Our common stock is expected to trade at a price substantially below $5.00 per share, subjecting trading in the stock to certain SEC rules requiring additional disclosures by broker-dealers. These rules generally apply to any non-NASDAQ equity security that has a market price (as defined) less than US$ 5.00 per share or an exercise price of less than $5.00US$ 5.00 per share, subject to certain exceptions (a “penny stock”). Such rules require the delivery, prior to any penny stock transaction, of a disclosure schedule explainingexceptions. Our securities are covered by the penny stock market and the risks associated therewith andrules, which impose variousadditional sales practice requirements on broker-dealers who sell penny stocks to persons other than established customers and institutional or wealthyaccredited investors. For these types of transactions, theThe penny stock rules require a broker-dealer, must make a special suitability determination for the purchaser and have received the purchaser’s written consent to the transaction prior to a transaction in a penny stock not otherwise exempt from the sale.rules, to deliver a standardized risk disclosure document in a form prepared by the SEC which provides information about penny stocks and the nature and level of risks in the penny stock market. The broker - dealerbroker-dealer also must discloseprovide the commissions payable to the broker-dealer,customer with current bid and offer quotations for the penny stock, and, ifthe compensation of the broker-dealer isand its salesperson in the soletransaction and monthly account statements showing the market maker,value of each penny stock held in the customer’s account. The bid and offer quotations, and the broker-dealer must disclose this fact and the broker-dealer’s presumed control over the market. Suchsalesperson compensation information, must be providedgiven to the customer orally or in writing prior to effecting the transaction and must be given to the customer in writing before or with the written confirmation of trade sent to the customer. Monthly statements must be sent disclosing recent price information forcustomer’s confirmation. In addition, the penny stock heldrules require that prior to a transaction in a penny stock not otherwise exempt from these rules, the broker-dealer must make a special written determination that the penny stock is a suitable investment for the purchaser and receive the purchaser’s written agreement to the transaction. These disclosure requirements may have the effect of reducing the level of trading activity in the accountsecondary market for the stock that is subject to these penny stock rules. Consequently, these penny stock rules may affect the ability of broker-dealers to trade our securities. We believe that the penny stock rules discourage investor interest in and information onlimit the limited market in penny stocks. The additional burdens imposed upon broker-dealers by such requirements could discourage broker-dealers from effecting transactions inmarketability of our common stock.

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FINRA sales practice requirements may also limit a stockholdersshareholder’s ability to buy and sell our stock.

In addition to the penny stock“penny stock” rules promulgated by the SEC, which are discussed in the immediately preceding risk factor,described above, FINRA has adopted rules that require that in recommending an investment to a customer, a broker -dealerbroker-dealer must have reasonable grounds for believing that the investment is suitable for that customer. Prior to recommending speculative low priced securities to their non-institutional customers, broker-dealers must make reasonable efforts to obtain information about the customer’s financial status, tax status, investment objectives and other information. Under interpretations of these rules, FINRA believes that there is a high probability that speculative low priced securities will not be suitable for at least some customers. The FINRA requirements make it more difficult for broker dealersbroker-dealers to recommend that their customers buy our common stock, which may limit theyour ability to buy and sell our stock and have an adverse effect on the market value for our shares.

An investor’s ability to trade

To date, we have not paid any cash dividends and no cash dividends will be paid in the foreseeable future.

We do not anticipate paying cash dividends on our common stock in the foreseeable future and we may not have sufficient funds legally available to pay dividends. Even if the funds are legally available for distribution, we may nevertheless decide not to pay any dividends. We presently intend to retain all earnings for our operations.

If we issue additional shares in the future, it will result in the dilution of our existing shareholders.

Our articles of incorporation authorize the issuance of up 2,150,000,000 shares, 2,000,000,000 shares of which are Class A Common Stock, par value $0.001 per share, 100,000,000 shares of which are Class B Common Stock, par value $0.001 per share, and 50,000,000 shares of which are Preferred Stock, par value $0.001 per share. Our Board of Directors may choose to issue some or all of such shares to acquire one or more companies or properties and to fund our overhead and general operating requirements. The issuance of any such shares may reduce the book value per share and may contribute to a reduction in the market price of the outstanding shares of our common stock. If we issue any such additional shares, such issuance will reduce the proportionate ownership and voting power of all current shareholders. Further, such issuance may result in a change of control of our corporation.

We may not qualify to meet listing standards to list our stock on an exchange.

The SEC approved listing standards for companies using reverse acquisitions to list on an exchange may limit our ability to become listed on an exchange. We would be considered a reverse acquisition company (i.e., an operating company that becomes an Exchange Act reporting company by combining with a shell Exchange Act reporting company) that cannot apply to list on NYSE, NYSE Amex or Nasdaq until our stock has traded for at least one year on the U.S. OTC market, a regulated foreign exchange or another U.S. national securities market following the filing with the SEC or other regulatory authority of all required information about the merger, including audited financial statements. We would be required to maintain a minimum $4 share price ($2 or $3 for Amex) for at least thirty (30) of the sixty (60) trading days before our application and the exchange’s decision to list. We would be required to have timely filed all required reports with the SEC (or other regulatory authority), including at least one annual report with audited financials for a full fiscal year commencing after filing of the above information. Although there is an exception for a firm underwritten IPO with proceeds of at least $40 million, we do not anticipate being in a position to conduct an IPO in the foreseeable future. To the extent that we cannot qualify for a listing on an exchange, our ability to raise capital will be diminished.

We are an “emerging growth company” under the JOBS Act of 2012, and we cannot be certain if the reduced disclosure requirements applicable to emerging growth companies will make our common stock less attractive to investors.

We are an “emerging growth company,” as defined in the Jumpstart Our Business Startups Act of 2012 (“JOBS Act”), and we may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not “emerging growth companies” including, but not limited to, not being required to comply with the auditor attestation requirements of section 404 of the Sarbanes-Oxley Act, reduced disclosure obligations regarding executive compensation in our periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and shareholder approval of any golden parachute payments not previously approved. We cannot predict if investors will find our common stock less attractive because we may rely on these exemptions. If some investors find our common stock less attractive as a result, there may be limited by trading volume.

A consistentlya less active trading market for our common stock and our stock price may be more volatile.

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In addition, Section 107 of the JOBS Act also provides that an “emerging growth company” can take advantage of the extended transition period provided in Section 7(a)(2)(B) of the Securities Act for complying with new or revised accounting standards. In other words, an “emerging growth company” can delay the adoption of certain accounting standards until those standards would otherwise apply to private companies. We are choosing to take advantage of the extended transition period for complying with new or revised accounting standards. As a result, our financial statements may not occur onbe comparable to those of companies that comply with public company effective dates.

We will remain an “emerging growth company” for up to five years, although we will lose that status sooner if our revenues exceed $1 billion, if we issue more than $1 billion in non-convertible debt in a three year period, or if the OTCBB. A limited trading volume may prevent our shareholders from selling shares at such times or in such amounts as they may otherwise desire.

Our company has a concentration of stock ownership and control, which may have the effect of delaying, preventing, or deterring a change of control.

Our common stock ownership is highly concentrated. Through ownership of sharesmarket value of our common stock two shareholders, El Maraanathat is held by non-affiliates exceeds $700 million as of any May 30.

Our status as an “emerging growth company” under the JOBS Act of 2012 may make it more difficult to raise capital as and Salah Blah, beneficially own 100%when we need it.

Because of the exemptions from various reporting requirements provided to us as an “emerging growth company” and because we will have an extended transition period for complying with new or revised financial accounting standards, we may be less attractive to investors and it may be difficult for us to raise additional capital as and when we need it. Investors may be unable to compare our business with other companies in our industry if they believe that our financial accounting is not as transparent as other companies in our industry. If we are unable to raise additional capital as and when we need it, our financial condition and results of operations may be materially and adversely affected.

You should carefully evaluate all the information in this prospectus, including the risks described in this section and throughout this prospectus. You should rely only on the information contained in this prospectus in making your investment decision.

If our involvement with the press release were held by a court to be a violation of the Securities Act of 1933, we could be required to repurchase the shares sold to purchasers in this offering at the original purchase price, plus statutory interest from the date of purchase, for a period of one year following the date of the violation.

Risks Associated with this Offering

There is not now an active market for our securities. An active trading market for our securities may not develop and the market price for our Class B Common Stock may decline below the offering price of our total outstandingUnits in this offering.

Although our securities are quoted on the OTCQB, an over-the-counter quotation system, there has been no public trading of our securities. If a trading market does not develop, purchasers of our securities may have difficulty selling their shares of commonClass B Common Stock.

The offering price for our Units in this offering may not be indicative of prices that will prevail in the open market after this offering. Consequently, you may be unable to sell your shares of Class B Common Stock at prices equal to or greater than the prices you paid for them, if at all.

If a public trading market for our securities does develop, the prices at which our securities may trade may be volatile and we expect that they may fluctuate significantly in response to various factors, many of which are beyond our control. The stock before this offering.market in general, and securities of small-cap or micro-cap companies, has experienced extreme price and volume fluctuations in recent years. Continued market fluctuations could result in volatility in the price at which our securities may trade, which could cause its value to decline. To the extent we seek to raise capital in the future through the issuance of equity, those efforts could be limited or hindered by low and/or volatile market prices for our securities.

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We do not now, and are not expected to in the foreseeable future, meet the initial listing standards of the Nasdaq Stock Market or any other national securities exchange. We presently anticipate that our Class B Common Stock will continue to be quoted on the OTCQB or another over-the-counter quotation system. In those venues, our stockholders may find it difficult to obtain accurate quotations as to the market value of their shares of our Class B Common Stock and may find few buyers to purchase their stock and few market makers to support their prices.

An active market for our securities may never develop. As a result, investors must bear the economic risk of holding their shares of our securities for an indefinite period of time.

Investors in the offering will realize immediate and substantial dilution.

If you purchase Units in this offering, you will pay more for your shares than the amounts paid by existing stockholders for their shares. After giving effect to the sale by us of the concentrated ownership700,000 Units in this offering at a public offering price of $10.00 per Unit, less sales commissions and estimated offering expenses payable by us, our as adjusted net tangible book value as of June 30, 2015 would have been approximately $1.66 per share. This represents an immediate increase in net tangible book value of $6,845,000 per share to existing stockholders and an immediate dilution in the net tangible book value of $8.34 per share to purchasers in the Units offered in this offering. This will result in a 83.4% dilution for purchasers of Units in this offering. For a further description of the stock, these stockholders, acting alone,dilution that purchasers will experience immediately after this offering, see “Dilution”. 

Investors may never receive cash distributions, which could result in an investor receiving little or no return on his or her investment.

Distributions are payable at the sole discretion of our board of directors. We do not know the amount of cash that we will generate, if any, once we have more productive operations. Cash distributions are not assured, and we may never be ablein a position to control all matters requiring stockholder approval, includingmake distributions.

There may be additional risks because the electionbusiness of directors and approvalRMR Industrials, Inc. became public by means of mergersa reverse merger transaction.

Additional risks may exist because the business of the Company became a public company through a “reverse merger” transaction. Securities analysts of major brokerage firms may not provide coverage of the Company following the Merger because there may be little incentive to brokerage firms to recommend the purchase of our Class B Common Stock. There may also be increased scrutiny by the SEC and other significant corporate transactions. This concentration of ownership may have the effect of delaying, preventing or deterring a change in controlgovernment agencies and holders of our company. It could also deprive our stockholderssecurities prior to the Merger due to the nature of an opportunity to receive a premiumthe transaction, as there has been increased focus on transactions such as the Merger in recent years.

The sale or availability for their shares as part of a sale of substantial amounts of our company and it mayClass B Common Stock could adversely affect the market price of our shares of Class B Common Stock.

Sales of substantial amounts of shares of our Class B Common Stock after the completion of the offering, or the perception that these sales could occur, could adversely affect the market price of our Class B Common Stock and could impair our future ability to raise capital through common stock.stock offerings.

We have

Additional dilution may result from the issuance of shares of our capital stock in connection with acquisitions or in connection with other financing efforts. Any issuance of our Class B Common Stock that is not voluntarily implemented various corporate governance measures,made solely to then-existing stockholders proportionate to their interests, such as in the absencecase of which,shareholders may have more limited protections against interested director transactions, conflicts of interest and similar matters.a stock dividend or stock split, will result in dilution to each stockholder.

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Recent federal legislation, including the Sarbanes-Oxley Act of 2002, has resulted in the adoption of various corporate governance measures designed to promote the integrity of the corporate management and the securities markets. Some of these measures have been adopted in response to legal requirements. Others have been adopted by companies in response to the requirements of national securities exchanges, such as the NYSEIf equity research analysts do not publish research or The NASDAQ Stock Market, on which their securities are listed. Among the corporate governance measures that are required under the rules of national securities exchanges and NASDAQ are those that address board of directors independence, audit committee oversight and the adoption of a code of ethics. Whilereports about our Board of Directors has adopted a Code of Ethics and Business Conduct, we have not yet adopted any of these corporate governance measures and, since our securities are not listed on a national securities exchangebusiness, or NASDAQ, we are not required to do so. It is possible that if we were to adopt somethey issue unfavorable commentary or all of these corporate governance measures, shareholders would benefit from somewhat greater assurances that internal corporate decisions were being made by disinterested directors and that policies had been implemented to define responsible conduct. For example, in the absence of audit, nominating and compensation committees comprised of at least a majority of independent directors, decisions concerning matters such as compensation packages to our senior officers and recommendations for director nominees may be made by a majority of directors who have an interest in the outcome of the matters being decided. Prospective investors should bear in mind our current lack of corporate governance measures in formulating their investment decisions.

Because we will not pay dividends in the foreseeable future, stockholders will only benefit from owning common stock if it appreciates.

We have never paid dividends ondowngrade our common stock, the market price of our Class B Common Stock will likely decline.

The trading market for our Class B Common Stock will rely in part on the research and reports that equity research analysts, over whom we dohave no control, publish about us and our business. We may never obtain research coverage by securities and industry analysts. If no securities or industry analysts commence coverage of our Company, the market price for our Class B Common Stock could decline. In the event we obtain securities or industry analyst coverage, the market price of our Class B Common Stock could decline if one or more equity analysts downgrade our common stock or if those analysts issue unfavorable commentary, even if it is inaccurate, or cease publishing reports about us or our business.

We may choose to redeem our outstanding Warrants at a time that is disadvantageous to our Warrant holders.

Subject to there being a current prospectus under the Securities Act with respect to the Warrant Shares, we may redeem the Warrants at any time after the Warrants become exercisable in whole and not intendin part, at a price of $0.01 per Warrant, provided, however, that (a) (i) the last reported sales price of the Class B Common Stock is equal to or greater than 125% of the then applicable exercise price on the third business day prior to the notice of redemption, and (ii) the Class B Common Stock is quoted on or listed for trading on either The New York Stock Exchange, The Nasdaq Global Market, The NASDAQ Capital Market, The Nasdaq Global Select Market or the NYSE MKT, or (b) the last reported sales price of the Class B Common Stock has been equal to or greater than 125% of the then applicable exercise price for each trading day in the 20-trading-day period ending on the third business day prior to the notice of redemption to the registered holders.

In addition, we may not redeem the Warrants unless the Warrant Shares are covered by an effective registration statement from the beginning of the measurement period through the date fixed for the redemption. Redemption of the Warrants could force the Warrant holders to (i) exercise the Warrants and pay the exercise price at a time when it may be disadvantageous for the holders to do so, inor (ii) accept the foreseeable future. We intendnominal redemption price which, at the time the Warrants are called for redemption, is likely to retain any future earnings to finance our growth. Accordingly, any potential investor who anticipatesbe substantially less than the need for current dividends from his investment should not purchase our common stock.market value of the Warrants.

There are doubts about our ability to continue as a going concern and if we are unable to continue our business, our shares may have little or no value.

The company’s ability to become a profitable operating company is dependent upon its ability to generate revenues and/or obtain financing adequate to fulfill its research and market introduction activities, and achieving a level of revenues adequate to support our cost structure and has raised doubts about our ability to continue as a going concern. We plan to attempt to raise additional equity capital by selling sharesWarrants may not have any value.

The Warrants sold in this offering will have an exercise price of $12.50 per share and if necessary through one or more private placement or public offerings. However,will expire on the doubts raised relating tofifth anniversary of the date they first become exercisable. In the event our ability to continueClass B Common Stock price does not exceed the exercise price of the Warrants during the period when the warrants are exercisable, the warrants may not have any value.

Holders of our Warrants will have no rights as a going concern may makestockholder until they acquire our shares an unattractive investment for potential investors. These factors, among others, may make it difficult to raise any additional capital.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This prospectus contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends affecting the financial condition of our
business. These forward-looking statements are subject to a number of risks, uncertainties and assumptions,
including, among other things:Class B Common Stock.

Factors that might cause these differences include the following:

the ability of the company to offer and sell theUntil you acquire shares of common stock offered hereby;our Class B Common Stock upon exercise of your Warrants, you will have no rights with respect to Warrant Shares. Upon exercise of your Warrants, you will be entitled to exercise the rights of a stockholder only as to matters for which the record date occurs after the exercise date.

the integration of multiple technologies and programs;

the ability to successfully complete development and commercialization of sites and our company’s expectations regarding market growth;

changes in existing and potential relationships with collaborative partners;

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the ability to retain certain members of management;

our expectations regarding general and administrative expenses;

our expectations regarding cash balances, capital requirements, anticipated revenue and expenses, including infrastructure expenses;

other factors detailed from time to time in filings with the SEC.

In addition, in this prospectus, we use words such as “anticipate,” “believe,” “plan,” “expect,” “future,” “intend,” and similar expressions to identify forward-looking statements.

We undertake no obligation to update publicly or revise any forward -looking statements, whether as a result of new information, future events or otherwise after the date of this prospectus. In light of these risks and uncertainties, the forward-looking events and circumstances discussed in this prospectus may not occur and actual results could differ materially from those anticipated or implied in the forward-looking statements.

USE OF PROCEEDS

With respect to up to 2,500,000 shares of common stock to be sold by us, unless we provide otherwise in a supplement to this prospectus, we intend to use the

Our net proceeds from the sale of our securities for general corporate purposes, which may include one or morethe 700,000 Units we are offering will be approximately $15,750,000, after deducting the estimated sales commissions and estimated offering expenses payable by us, and assuming the cash exercise of the following:all Warrants.

working capital;

research and development activities;

capital expenditures.

Our management will have broad discretion in the allocation of the net proceeds of any offering. Pending such uses, we intend to invest the net proceeds in short-term, investment grade, interest-bearing securities.

CAPITALIZATION

The following table sets forth our capitalizationthe uses of proceeds assuming the sale of 25%, 50%, 75% and 100%, respectively, of the Units by the Company.  Each individual use of proceeds is disclosed in the order of priority in which any such proceeds will be used. The offering scenarios presented are for illustrative purposes only, the actual amount of proceeds, if any, may differ. There is no assurance that we will raise the full $15,750,000 as of September, 30, 2012.anticipated.

  September 30, 2012
Current Assets$  19,075
Current liabilities
$Long-term liabilities 2,400
Stockholders‟ deficit: 0
   
Preferred stock -
Common stock 5,200
Additional paid-in capital 20,800
Accumulated deficit (9,325)
Total stockholders’ (deficit) equity 16,675
Total capitalization$16,675

  25% of
Proceeds
  50% of
Proceeds
  75% of
Proceeds
  100% of
Proceeds
 
Gross proceeds $3,937,500  $7,875,000  $11,812,500  $15,750,000 
Registration Costs $155,000  $155,000  $155,000  $155,000 
Net proceeds $3,782,500  $7,720,000  $11,657,500  $15,595,000 
                 
Use of Proceeds                
Acquisitions $3,782,500  $7,720,000  $10,000,000  $10,000,000 
General Working Capital $0  $0  $1,657,500  $5,595,000 

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DILUTION

The net tangible book value of our company as of September 30, 2012 was $16,675 or $0.003 per share of common stock. Net tangible book value per share is determined by dividing the tangible book value of the
company (total tangible assets less total liabilities) by the number of outstanding shares of our common stock on
September 30, 2012.

Our net tangible book value and our net tangible book value per share will be impacted by the 2,500,000 shares of common stock which may be sold by our company. The amount of dilution will depend on the number of shares sold by our company. The following example shows the dilution to new investors at an assumed offering
price of $0.02 per share.

We are registering 2,500,000 shares of common stock for sale by our company. If all shares are sold at the offering price of $0.02 per share, less potential underwriting discount or commissions equal to ten percent (10%), and estimated offering expenses of $10,500, our net tangible book value as of September 30, 2012 would have been
$51,175 or approximately $0.007 per share. Such an offering would represent an immediate increase in net
tangible book value to existing stockholders of $0.004 per share and an immediate dilution to new stockholders of $0.013 per share. The following table illustrates the per share dilution:

Assumed public offering price per share  $0.02
Net tangible book value per share before this offering$0.003  
 $  
Increase attributable to new investors$0.004  
     
Net tangible book value per share after this offering  $0.007
   
Dilution per share to new stockholders  $0.013


MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS

Market Information

Our Class B Common Stock is currently quoted on the OTCQB under the symbol “RMRI”. No shares of Class B Common Stock have traded on the OTCQB to date. We do not intend to apply for a listing of either the Units or the Warrants.

Holders

As of October 7, 2015, there were 50 holders of record of our Class B Common Stock, not including any shareholders holding shares in nominee or “street name” and 3 holders of record of our Class A Common Stock.

Securities Authorized for Issuance Under Equity Compensation Plans

On February 26, 2015, our Board of Directors and our stockholders approved and adopted the RMR Industrials Inc. 2015 Equity Incentive Plan (the “Plan”). 

The Plan permits us to grant a variety of forms of awards, including stock options, stock appreciation rights, restricted stock, restricted stock units, performance shares, performance units and other stock based awards, to allow us to adapt our incentive compensation program to meet our needs. The number of shares of our common stock that may be issued under the Plan to employees, directors and/or consultants in such awards is currently 778,950 shares. Our Board of Directors currently serves as the administrator of the Plan. As of June 30, 2015, no securities have been issued under the Plan.

DETERMINATION OF OFFERING PRICE

Before this offering, no Units have publicly traded. The public offering price of the Units has been determined arbitrarily by us.  In determining the number of Units to be offered and the offering price, we took into consideration our cash on hand and the amount of money we would need to implement our business plan.  Accordingly, the offering price should not currently traded on any exchange. Webe considered an indication of the actual value of the securities. Such prices are subject to change as a result of market conditions and other factors, and we cannot assure you that the Units can be resold at or above their public offering prices.

DIVIDEND POLICY

We plan to retain any marketearnings for the shares will develop or be sustained.

foreseeable future for our operations. We have notnever paid any dividends on our common stock and do not anticipate paying any cash dividends in the foreseeable future. We intendAny future determination to retain any earnings to finance the growth of our business. We cannot assure you that we will ever pay cash dividends. Whether we pay cash dividends in the future will be at the discretion of our Boardboard of Directorsdirectors and will depend uponon our financial condition, operating results, of operations, capital requirements and anysuch other factors that the Boardas our board of Directors decides aredirectors deems relevant. See Management’s

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CAPITALIZATION

The following table sets forth our cash and cash equivalents and capitalization as of June 30, 2015 on:

an actual basis; and
an as-adjusted basis to also give effect to the sale by us of (i) 700,000 of our Units in this offering stock at an offering price of $10.00, after deducting the estimated sales commissions and estimated offering expenses payable by us.

The information in this table should be read in conjunction with “Management’s Discussion and Analysis of Financial Condition and Results of Operations.Operations” and our financial statements and related notes thereto included elsewhere in this prospectus.

  Actual  As Adjusted 
Cash and cash equivalents $4,798  $6,849,798 
Stockholders’ equity:        
Preferred stock, par value $0.001 per share: authorized 50,000,000; none issued and outstanding      
Class A common stock, par value $0.001 per share: authorized 2,000,000,000; issued and outstanding 35,785,858  35,786   35,786 
Class B common stock, par value $0.001 per share: authorized 100,000,000; issued and outstanding 807,207 actual; authorized 100,000,000; issued and outstanding 1,533,459, as adjusted  807   1,533 
Additional paid-in capital  (32,538)  6,811,736 
Accumulated deficit  (1,385,712)  (1,385,712)
Total stockholders’ equity  (1,381,657)  5,463,343 
Total capitalization $(1,381,657) $5,463,343 

The table above does not include 778,950 shares of common stock reserved for future issuance under our 2015 Equity Incentive Plan.

DILUTION

If you invest in our Units, your ownership interest will be diluted to the extent of the difference between the public offering price per Units and the as adjusted net tangible book value per share after this offering. Net tangible book value per share represents the amount of our total tangible assets less total liabilities, divided by the number of shares of Class A and Class B common stock outstanding. Dilution in the as adjusted net tangible book value per share represents the difference between the amount per Unit paid by purchasers of our Units in this offering and the as adjusted net tangible book value per share of common stock immediately after the consummation of this offering.

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Assumed public offering price per Unit   $10.00 
Historical net tangible book value per share as of June 30, 2015 $(0.53    
As adjusted increase in net tangible book value per share attributable to new investors in this offering  2.19     
As adjusted net tangible book value per share after this offering  1.66     
Dilution of as adjusted net tangible book value per share to new investors     $8.34 
Dilution to new investors (%)      83.4%

As of June 30, 2015, our historical net tangible book value was approximately ($1,383,146) or ($0.53) per share. After giving effect to the sale by us of the 700,000 Units in this offering at a public offering price of $10.00 per Unit, less sales commissions and estimated offering expenses payable by us, our as adjusted net tangible book value as of June 30, 2015 would have been approximately $5,461,854, or approximately $1.66 per share. This represents an immediate increase in net tangible book value of $6,845,000 per share to existing stockholders and an immediate dilution in net tangible book value of $8.34 per share to investors in the Units offered in this offering. This will result in a 83.4% dilution for the new investors in this offering.

A $0.50 increase (decrease) in the public offering price of $10.00 per unit would increase (decrease) our as adjusted net tangible book value after this offering by approximately $350,000, or $0.11 per share, assuming no change to the number of Units offered by us as set forth on the cover page of this prospectus, and after deducting underwriting discounts and commissions and estimated offering expenses payable by us. We may also increase or decrease the number of shares we are offering. A 0.5 million decrease in the number of Units would decrease our as adjusted net tangible book value after this offering to $0.17 per share, at a public offering price of $10.00 per share. The dilution of as adjusted net tangible book value per share to new investors in this offering would be $9.33 per share for the decrease after deducting sales commissions and estimated offering expenses payable by us. The as adjusted information discussed above is illustrative only.

The discussion and table above excludes the 778,950 shares of Class B Common Stock reserved for future issuance under our 2015 Equity Incentive Plan

PLAN OF DISTRIBUTION

We are offering to sell 700,000 Units, with each Unit consisting of one share of our Class B Common Stock and one Warrant. Each Warrant entitles the holder to purchase one share of Class B Common Stock at an initial exercise price of $12.50. The Warrants are exercisable immediately and will expire five years from the date of issuance.

Our Units are being offered by our executives on a best-efforts basis, which means there is no commitment on the part of anyone to purchase any of the Units. No sales commissions will be paid to our executive officers in connection with this offering. In the event that an executive officers are unable to raise the full amount of the offering from potential investors, we may decide to engage FINRA members in order to assist us in raising any remaining capital under the offering. In the event we engage FINRA members or foreign broker-dealers, we expect to pay sales commissions of up to 10% of the gross offering proceeds from their sale of the offered Units.

In connection with the Company’s selling efforts in the offering, Gregory M. Dangler and Chad Brownstein will not register as broker-dealers pursuant to Section 15 of the Exchange Act, but rather will rely upon the “safe harbor” provisions of SEC Rule 3a4-1, promulgated under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Generally speaking, Rule 3a4-1 provides an exemption from the broker-dealer registration requirements of the Exchange Act for persons associated with an issuer that participate in an offering of the issuer’s securities. Neither Mr. Dangler or Mr. Brownstein are subject to any statutory disqualification, as that term is defined in Section 3(a)(39) of the Exchange Act. Mr. Dangler and Mr. Brownstein will not be compensated in connection with their participation in the offering by the payment of commissions or other remuneration based either directly or indirectly on transactions in our securities. Mr. Dangler and Mr. Brownstein are not, nor have been within the past 12 months, a broker or dealer, and they are not, nor have been within the past 12 months, an associated person of a broker or dealer. At the end of the offering, Mr. Dangler and Mr. Brownstein will continue to primarily perform substantial duties for the Company or on its behalf otherwise than in connection with transactions in securities. Mr. Dangler and Mr. Brownstein will not and have not participated in the selling of any securities for any issuer more than once every twelve months.

We will receive all proceeds from the sale of the 700,000 Units being offered. The price per Unit is fixed at $10.00 for the duration of this offering.  Our Class B Common Stock is listed on OTCQB.

In order to comply with the applicable securities laws of certain states, the securities will be offered or sold in those only if they have been registered or qualified for sale; an exemption from such registration or if qualification requirement is available and with which the Company has complied.

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In addition and without limiting the foregoing, the Company will be subject to applicable provisions, rules and regulations under the Exchange Act with regard to security transactions during the period of time when this Registration Statement is effective.

Our shares of common stock are subject to the “penny stock” rules of the Securities and Exchange Commission.The SEC has adopted rules that regulate broker-dealer practices in connection with transactions in "penny stocks”. Penny stocks generally are equity securities with a price of less than $5.00 (other than securities registered on certain national securities exchanges or quoted on the NASDAQ system, provided that current price and volume information with respect to transactions in such securities is provided by the exchange or system). Penny stock rules require a broker-dealer, prior to a transaction in a penny stock not otherwise exempt from those rules, to deliver a standardized risk disclosure document prepared by the SEC, which specifies information about penny stocks and the nature and significance of risks of the penny stock market. A broker-dealer must also provide the customer with bid and offer quotations for the penny stock, the compensation of the broker-dealer, and sales person in the transaction, and monthly account statements indicating the market value of each penny stock held in the customer's account. In addition, the penny stock rules require that, prior to a transaction in a penny stock not otherwise exempt from those rules, the broker-dealer must make a special written determination that the penny stock is a suitable investment for the purchaser and receive the purchaser's written agreement to the transaction. These disclosure requirements may have the effect of reducing the trading activity in the secondary market for stock that becomes subject to those penny stock rules.

We will pay all expenses incidental to the registration of the shares (including registration pursuant to the securities laws of certain states) which we expect to be $155,000.

Offering Period and Expiration Date

This offering will start on the date that this registration statement is declared effective by the SEC and terminate on the earlier of (i) the date when the sale of all 700,000 Units is completed, (ii) when the Board of Directors decides that it is in the best interest of the Company to terminate the offering prior the completion of the sale of all 700,000 Units registered under the Registration Statement of which this Prospectus is part or (iii) December 31, 2015. We will not accept any money until this registration statement is declared effective by the SEC.

Procedures for Subscribing

If you decide to subscribe for any Units in this offering, you must

- execute and deliver a subscription agreement; and

- deliver payment via wire transfer to us for acceptance or rejection.

Right to Reject Subscriptions

We have the right to accept or reject subscriptions in whole or in part, for any reason or for no reason. All monies from rejected subscriptions will be returned immediately by us to the subscriber, without interest or deductions. Subscriptions for securities will be accepted or rejected within 48 hours after we receive them.

DESCRIPTION OF BUSINESS AND PROPERTYSECURITIES TO BE REGISTERED

General

Common Stock

We are authorized to issue up to 2,100,000,000 shares of common stock at a par value of $0.001 per share. As of September 10, 2015, there were 35,785,858 shares and 833,459 shares of Class A and Class B common stock outstanding, respectively. The Companyholders of Class A common stock will have the right to vote on all matters on which stockholders have the right to vote. The holders of Class B common stock will have the right to vote solely on matters where the vote of such holders is explicitly required under Nevada law, such as an approval of a plan of merger, exchange or conversion, an increase or decrease in the number of authorized shares of a class or series of stock in certain circumstances, and other situations as required by Nevada law where the rights, preferences or limitations of such holders are adversely impacted. On matters which the applicable class of stockholders have the right to vote, each Class A common stock and Class B common stock shall be entitled to one vote per share.

Online Yearbook

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The holders of Class A Common Stock and Class B Common Stock will provide, produce, designhave equal distribution rights, provided that distributions in securities shall be made in either identical securities or securities with similar voting characteristics. The holders of Class A Common Stock and publish online yearbooksClass B Common Stock will be entitled to receive identical per-share consideration upon a merger, conversion or exchange of the Company with another entity, and will have equal rights upon dissolutions, liquidation or winding-up.

The rights, preferences and privileges of holders of common stock are subject to, and may be adversely affected by, the rights of the holders of any series of preferred stock, which may be designated solely by action of the Board of Directors and issued in the future. All outstanding shares of common stock are duly authorized, validly issued, fully paid and non-assessable.

Units

Each Unit consists of one share of Class B Common Stock and one Warrant.

Warrants

In connection with the purchase of each Unit, each investor will receive a Warrant to purchase one share of Class B Common Stock at an initial exercise price of $12.50. The Warrants allow for schools, companiescash or cash-less exercise. The Warrants will expire five years from the date of issuance. We may call the Warrants for redemption as follows:

at a price of $0.01 for each Warrant at any time while the Warrants are exercisable, so long as a registration statement relating to the Class B Common Stock issuable upon exercise of the Warrants is effective and government agencies. For over 150 years, yearbookscurrent;

upon not less than 30 days prior written notice of redemption to each Warrant holder; and

if the reported last sale price of the Class B Common Stock is equal to or greater than 125% of the then applicable exercise price of the Warrant on the third business day prior to the notice of redemption to the Warrant holders, and the Class B Common Stock is quoted on or listed for trading on either The New York Stock Exchange, The Nasdaq Global Market, The NASDAQ Capital Market, The Nasdaq Global Select Market or the NYSE MKT; or

if the last reported sales price of the Class B Common Stock has been equal to or greater 125% of the then applicable exercise price for the 20-trading-day period ending on the third business day prior to the notice of redemption to Warrant holders.

If the foregoing conditions are satisfied and we call the Warrants for redemption, each Warrant holder will then be entitled to exercise his or her Warrant prior to the date scheduled for redemption. However, there can be no assurance that the price of the Class B Common Stock will exceed the call price or the Warrant exercise price after the redemption call is made.

The exercise price and number of shares of Class B Common Stock issuable on exercise of the Warrants may be adjusted in certain circumstances, including but not limited to in the event of a reclassifications, exchange, substitution or stock dividend. However, the Warrants will not be adjusted for the issuances of common stock or securities convertible or exercisable into common stock at a price below the then current exercise price of the Warrants.

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The Warrants may be exercised upon surrender of the Warrant on or prior to the expiration date at the offices of the Company, with the exercise form attached to the Warrant completed and executed as indicated, accompanied by full payment of the exercise price, by certified check payable to us or by wire transfer of immediately available funds to an account designated by us, or by indicating a cash-less exercise, for the number of Warrants being exercised. The Warrant holders do not have captured memories captured yearthe rights or privileges of holders of common stock and any voting rights until they exercise their Warrants and received Class B Common Stock. After issuance of Class B Common Stock upon exercise of the Warrants, each holder will be entitled to one vote for each Class B Common Stock held of record on all matters that may be voted on by year. They chronicle events that shape memories,such holders.

Transfer Agent

The transfer agent for our common stock is Corporate Stock Transfer, Inc., 3200 Cherry Creek South Drive, Suite 430, Denver, Colorado 80209.

LEGAL MATTERS

The validity of the securities offered by this prospectus will be passed upon for us by Greenberg Traurig, LLP, Sacramento, California.

EXPERTS

The audited financial statements of RMR Industrials, Inc. included herein and illuminate moments that define relationships. Yearbooks celebrateelsewhere in the experiences, activities,Registration Statement, have been audited by Hein & Associates LLP, an independent registered public accounting firm, for the periods and people that maketo the year unforgettable.extent set forth in their report (which includes an explanatory paragraph relating to the Company’s ability to continue as a going concern). Such financial statements have been so included in reliance upon the report of such firm given upon the firm’s authority as an expert in accounting and auditing.

Online Yearbooks

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INFORMATION WITH RESPECT TO THE REGISTRANT

Overview

RMR Industrials, Inc. was incorporated on October 15, 2014 as a Nevada corporation. We are a development stage company currently focusing on developing and commercializing key intellectual property rights across natural resource related assets. Our business operations focus on developing potential licensing opportunities, joint ventures and strategic alliances, which leverage our management team’s industrial operations experience.

We have acquired proprietary intellectual property rights, including patents to increase oil and gas production. This package of intellectual property, licensed from Colorado School of Mines, which specializes in minerals technology innovation, occurs through modified injection processes. Our active operations have primarily focused on developing commercial opportunities and product line extensions for this industrial based intellectual property.  The enhanced oil recovery process patents include multiple configurations varying the cycles of low-salinity water, carbon dioxide and pumping pressure. Our rights correspond to issued US patent 7,662,275 and US patent applications 61/946062, 61/941869 and 61/950500.

Our current intellectual property portfolio is focused on industrial mineral advancement. Specifically, the extraction of hydrocarbons from reservoirs. Our current sales and marketing effort is dedicated to multiple leading industry operators and service providers, such as oilfield and well completion providers, through licensing and joint venture efforts. Our business methodology is that the academic and corporate cultures provide an environment to source appealing technological and process improvements but lack the teams to properly implement and monetize. Further, we believe our affiliations, capabilities, and key relationships within the academic, corporate and industrial sectors is an advantage to complement our current development plans. Our management team has over 15 years of experience licensing intellectual property from leading universities and corporations.

To complement our current development plans, we have a strategy to own, operate, produce and distribute certain industrial minerals, including but are not commenced its planned principal operationslimited to: feldspar, talc, mica, bentonite, vermiculite, frac sand, aggregates, antimony, barite, silica, ball clays, graphite, sulfur and zeolite. In addition, we also plan to date.  Online Yearbook plansown, operate, produce and distribute certain chemicals, including but not limited to: glycols, ethanolamines, methanol, antifreeze, biocides, corrosion inhibitors, demulsifiers, desalting compounds and dispersants. The experienced management team of RMR Industrials Inc. brings a multi-cycle successful track record of developing and licensing key intellectual property rights and discovering, financing and operating off-market natural resource businesses.

We plan to initiate marketingdevelop, acquire and offer our productsconsolidate complementary industrial commodity assets and intellectual property through capitalizing on the volatile oil markets, down cycles in commodity markets, and other ancillary opportunities. Typically these assets are the core manufacturer and supplier of specific bulk commodity minerals, chemicals and petrochemicals distributed to the marketplace approximately nine months followingglobal manufacturing industry. Part of our strategy is to assemble a portfolio of mature and value-add industrial commodities businesses to generate scalable enterprises with a large portfolio of products and services addressing a common and stable customer base.

We do not have any current plans, arrangements, discussions or intentions to engage in a merger or acquisition with any entities or persons to be used as vehicle for a private company to become a publicly reporting company.

Strategy

We plan to organically develop multiple intellectual property assets within our fields’ of expertise. We believe the closingindustrial and natural resource sectors have ample gaps in operations, optimization, and personnel management and the intellectual property we develop will help enable potential licensees to better execute in those areas providing key cost savings or revenue growth. We intend to purchase and develop our own proprietary assets to monetize our own physical resource assets but also license them to producers and industrial consumers in the relevant sectors.

We have been in active discussions with multiple drilling service providers and larger independent energy companies to potentially license our intellectual property. In the current global energy climate, low oil prices require operators and service providers to significantly cut costs and show greater returns on extraction capital. We believe our technology provides that operational advantage to our target customers. For example, low-salinity water injected into carbonate reservoirs, which have undergone sea-water injection for water flooding, can produce additional oil more economically if a low-concentration non-ionic surfactant is added to the low-salinity water and injected as chase fluid. This process can be implemented as low-salinity water flooding – alternating - surfactant augmented in low-salinity water flooding scheme as well. The reasons are:

i.Full field low salinity water injection is expensive because it has to displace the already injected seawater to be beneficial. This takes a long time to reach the beneficial effects.
ii.Surfactant flooding is effective only in low-salinity environment.
iii.This process can be implemented as an alternating low-salinity-surfactant system to improve economics.

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Our strategy is to evolve from providing primarily patent licenses to providing additional technology, products and services while creating and leveraging strategic synergies to increase revenue. One of our goals is to supplement our patent licensing business with additional licensing opportunities for our technologies, products and services to be incorporated into our customers’ products and/or systems. Our technology licenses are designed to support the implementation and adoption of our technology into our customers’ products or services. Under technology licenses, our customers typically receive licenses to our patents necessary to implement these solutions in their products with specific rights and restrictions to the applicable patents elaborated in their individual contracts with us. 

When implementing our asset acquisition strategy, our due diligence process begins with outlining a framework for each prospective asset’s position within the vision of our consolidation strategy. In defining this framework, we seek to identify the key drivers of the offering.  Operations to date have been devoted primarily to start-upbusiness and development activities, which include the following: 

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1. Framework for the business;
2. Evaluate industries as initial markets;
3. Define initial parameters forPersonality Packages for each potential market;
4. Due diligence on availability of outsourcing and freelance workers to aid in developing Personality Packages;
5. Due diligence on technology to make our products available to mobile devices;
6.Conducted research and evaluated server space availability.



The Company will take advantage of recent technology that allows for efficient quality printing and the power of online social networks to create printed yearbooks. The Company can accept almost any type of picture for use in yearbooks. The Company will charge comparable prices with the “regular” yearbooks on the market today.

The customer will have the option of keeping the produced yearbook private or allowing general access to the produced yearbook.

Industry Information

Online Social Networking.

Online social networking is growing and evolving to include a wide spectrum of Web sites and online services. According to TechCrunch.com in a June 14, 2012 article the “measurement firm comScore says that unique visits to social networking sites have increased by 6% year-over-year.”http://techcrunch.com/2012/06/14/comscore-us-internet-report-yoy-pinterest-up-4000-amazon-up-30-android-top-smartphone-more/

People have a drive to be part of a community, connect with others, be part of a community, express themselves and maintain personal relationships. Relationships are often based on affiliations related to shared experiences such as family, religion, school, workplace or military service. People seek to foster these relationshipsindustry, as well as the risks associated with each transaction. With our team of management and finance professionals, its board of advisors, and leading industry consultants, our due diligence process includes a full examination of each target’s managerial, operational, financial, legal, and environmental components in relation to how each facet impacts our broader strategy. Our process, while instrumental in identifying the risk level of each transaction, seeks to also identify hidden value-add opportunities within each business and for our broader portfolio.

We believe that the cash flows generated by the diverse business segments that we operate will provide us with the ability to pursue further development and growth acquisitions in order to build on our existing segments, or to establish a new business platform for future growth. To further supplement our capital requirements for future potential acquisitions, we intend to utilize a combination of debt and equity financings, including traditional loans from financial institutions. We will utilize a disciplined approach to identify and evaluate potential acquisitions, only pursuing those that meet our financial and strategic criteria. Our primary criteria focus on accretive assets with positive cash flow in the industrial commodities sectors. These assets should generate annual cash flow of $500,000 to $15,000,000 or annual revenues greater than $10,000,000.  For consolidating businesses within the same sector and business plan, our criteria will be focused on not only acquiring historical cash flows but also incremental products, services, proprietary technology, regional access, new customers or unique advantages.

We have not yet completed the acquisition of any industrial assets or entered into any types of asset purchase agreements, however, we are engaged in advanced negotiations with two companies for which we established a preliminary purchase price and key terms. We believe the target audience has been receptive due to adverse global economic factors in the energy sector, which lead us to anticipate closing on several acquisitions during 2015. With macroeconomic uncertainty and the recent volatility in commodity prices, we believe many companies will be seeking an exit strategy at attractive pricing. These favorable valuations may offer increased flexibility to finance potential acquisition targets through debt or equity securities based on stable historical asset values and expectation of long-term cyclical appreciation of industrial commodity prices.

We are in advanced negotiations to acquire the assets and certain liabilities of a magnesium silicate producer and supplier for the ceramic, paint, plastic, roofing, composite wood and agricultural industries in North America. Due diligence efforts are substantially completed and we have developed a transition plan for post-acquisition integration activities. The purchase price for the potential acquisition would be $19,000,000, plus the assumption of certain liabilities and subject to certain working capital and other meaningful affiliations,post-closing adjustments. However, to date we have not entered into any definitive or binding agreement with such company, and there are no assurances that we will ultimately agree to definitive terms and consummate the acquisition.

Additionally, we are in advanced negotiations with a company that formulates production, drilling and specialty chemicals while also providing contract blending and reclamation services to the energy industry. The preliminary purchase price for the potential acquisition would be $7,500,000, plus the assumption of certain liabilities and subject to certain working capital and other post-closing adjustments. However, to date we have not entered into any definitive or binding agreement with such company, and there are no assurances that we will ultimately agree to definitive terms and consummate the acquisition.

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Intellectual Property

Pursuant to an option agreement with the Colorado School of Mines (“CSM”), we have acquired the rights to certain intellectual property from CSM, including issued US patent 7,662,275 and US patent applications 61/946062, 61/941869 and 61/950500 through payment of an advance deposit of $2,500 to exercise our rights in accordance with our option agreement with CSM in July 2015. US patent 7,662,275 is the main patent in which we aim to commercialize our products and services. Our payment secures this intellectual property. The patent applications 61/946062, 61/941869 and 61/950500 are still pending approval with the US Patent and Trademark Office. We believe these applications are complementary and effectively build on the core technology present in US patent 7,662,275. Regardless of the applications in process, we will pursue our plans with the issued patent. We estimate an additional payment of $2,500 to $7,500 to secure the remaining patent rights depending on approvals of the patent applications. These patents describe a process to increase oil and gas production through modified injection processes. Our management views CSM as a highly respected institution which specializes in industrial minerals technology research and believes that CSM could be a valuable technical resource for future intellectual property development. We currently have the right to market and pursue licensing opportunities with these patents and patent applications. We continue to have exclusive rights to negotiate and acquire rights to US patent applications 61/946062, 61/941869 and 61/950500from CSM under our option agreement, which terminates on November 1, 2015 unless extended for an additional $3,000, not to extend past November 25, 2015.

Our success depends in part upon our ability to protect our core technology and intellectual property. To establish and protect our proprietary rights, we will rely on a combination of patents, patent applications, trademarks, copyrights, trade secrets, including know-how, license agreements, confidentiality procedures, non-disclosure agreements with third parties, employee disclosure and invention assignment agreements, and other contractual rights. Many of the asset purchases under consideration include intellectual property which has been typically underutilized or under-leveraged by their current owners. Our plans to maximize value from these assets through focused capital infusion and strategic marketing implementation.

Potential Competitive Strengths

We believe our process to discover, finance, develop and operate unique natural resource, intellectual property and industrial assets provides us a competitive advantage to achieve critical mass through development and acquisition of under-performing assets. Our principals have extensive experience and also collaborated in investing in and operating natural resource assets for many years. We believe our potential competitive strengths to be the following:

Application of Intellectual Property. We have a background in engineering, operations, finance and general management all within the natural resource sectors.

Proprietary Acquisition Sources . We have a long-standing track record of discovering unique assets pertinent to our current business strategy. We will seek to capitalize on the global network and investing and operating experience of our management team to identify, acquire and operate one or more businesses or assets in the industrial minerals mining and processing industry, although we may pursue a business combination in complementary industries, such as thosespecialty chemicals and agriculture.

Status as a Public Company.   Our status as a public company will make us an attractive business partner to other natural resource related companies, and will provide greater access to capital and an increased company profile. 

Management Operating and Investing Experience.  Over the course of their careers, the members of our management team have developed a broad international network of contacts and corporate relationships which we believe will serve as a useful source of investment opportunities. Our executive officers are officers of our sponsor and Rocky Mountain Resources, a privately held natural resources operating company. The management team has applied their deep understanding of historical precedents to the natural resources markets and established a reputation as one of the thought leaders within the natural resources sector. The Management team has been working together for the last ten years, over such time they have assembled a team of natural resources and investment professionals to pursue investments across the industry.

Financing of Asset Acquisitions

In furtherance of seeking assets to complement our development plan, on June 26, 2015, our wholly-owned subsidiary, United States Talc and Minerals Inc. (“USTM”), entered into a non-binding financing arrangement with Auramet International LLC (“Auramet”), whereby subject to certain conditions, including but not limited to, the approval of a satisfactory acquisition candidate, technical due diligence and an executable acquisition purchase agreement, Auramet will loan USTM the principal amount of $12,000,000.  The maturity date of such note will be on the second anniversary of the closing and such note will accrue interest at a rate of 15% annually.  The note shall be secured by a first priority lien on all the assets of USTM.  We have also entered into a non-binding mezzanine financing arrangement with Auramet, whereby subject to meeting certain conditions, Auramet will loan USTM an additional principal amount of $5,000,000. The maturity date of such note will be on the second anniversary of the closing and such note will accrue interest at a rate of 15% annually. The note shall be secured by a second priority lien on certain assets of USTM. There are no assurances that USTM will enter into binding loan agreements with Auramet, and upon terms that are ultimately satisfactory to us. Any such failure will result in USTM and us having to seek financing from other potential sources.

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Revenues and Customers

We do not currently generate any revenues. Future revenues will be generated through licensing intellectual property, provision of services and the sale of commodity and industrial assets. We plan to grow revenues by not only expanding sales to existing customers but also expanding customer acquisitions through improved infrastructure. Our future customers are typically manufacturers of ceramics, paints, plastics, paper, rubber, food, cosmetics, and many other consumer products. Customers of industrial chemicals include oil and gas producers and manufacturing facilities.

Industry and Competition

Industrial Minerals: The industrial minerals sector encompasses a large variety of minerals including: chamottes, ball clay, talc, feldspar, graphite, ground silica, kaolin, pegmatite, quartz, mica, bauxite, bentonite, metakaolins, zeolite, frac sand, aggregates and vermiculite. Industrial minerals are used in a variety of end projects for a variety of purposes. These minerals are used in ceramics, paints, plastics, paper, rubber, food, cosmetics, and many other products.

There are significant barriers to entry into industrial mineral production due to the scarcity of economically viable resources from which to extract the minerals. Geographical location of the resource drives a large portion of the competitive advantages or disadvantages of an operation. Large companies in this sector include Imerys, W.R. Grace, and Minerals Technologies.

Talc

Talc is a mineral composed of hydrated magnesium silicate.It is the softest known mineral and listed as “1” on the Mohs hardness scale. Talc is practically insoluble in water and in weak acids and alkalis. It is neither explosive nor flammable. Although it has very little chemical reactivity, talc does have a marked affinity for certain organic chemicals.

Talc is used as a functional filler in the manufacturing of ceramics, rubbers, plastics and paints/coatings. It is also used for pitch control in paper manufacturing and it is used to coat seeds in the agriculture industry.

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Based on 2013 United States Geological Survey (“USGS”) data, sales of talc produced domestically were estimated to be 589,000 tons valued at $89 million. Sales of imported talc were estimated at 240,000 tons. We believe the value of imported talc per ton is estimated to be above $300 based on common interests, hobbiesdata collected in the market place. Compared to other pricing indices (such as the S&P 500 and trends.Case-Schiller index), talc has experienced less pricing volatility, and has averaged growth of 3.6% annually, over a 20 year span.

Social networking Web

Montana was the leading producer state, followed by Texas, Vermont, and Virginia. The top three companies accounted for more than 99% of the U.S. talc production.The total estimated use of talc in the United States, including imported talc, was plastics, 27%; ceramics, 18%; paint, 16%; paper, 15%; roofing, 6%; cosmetics, 5%; rubber, 3%; and other, 10%.

Vermiculite

Vermiculite is a hydrated magnesium-aluminum-iron silicate. Raw vermiculite is mica-like in appearance, contains water molecules within its internal structure, and ranges in color from black to various shades of brown to yellow. When vermiculite flakes are heated rapidly to a temperature of 900 °C or higher, the intermolecular water flashes into steam, and the flakes expand into accordion-like particles, which are gold or bronze in color. This expansion process is called exfoliation, and the resulting lightweight material is chemically inert, fire resistant, and odorless.

Vermiculite has a wide range of uses particularly in the agricultural and construction industries because of its various attributes including fire resistance, low thermal conductivity, high liquid absorption capacity, inertness, and low density. In horticulture, vermiculite mixed with peat or other composted materials, such as pine bark, produces a soil-like material well suited as a growing medium for plants.

Based on 2013 USGS data, the end market of about 64,000 tons of exfoliated vermiculite sold or used by producers was valued at about $50.1 million. There are approximately 18 facilities in the US which process vermiculite. There are only two companies which mine vermiculite domestically. U.S. domestic prices for vermiculite concentrate, ex-plant, largely dependent on grade sizing, ranged from $150 to $580 per metric ton in 2014.

Frac Sand

"Frac sand" is a high-purity quartz sand with very durable and very round grains. It is a crush-resistant material produced for use by the petroleum industry. It is used in the hydraulic fracturing process (known as "fracking") to produce petroleum fluids, such as oil, natural gas and natural gas liquids from rock units that lack adequate pore space for these fluids to flow to a well. Most frac sand is a natural material made from high purity sandstone. An alternative product is ceramic beads made from sintered bauxite or small metal beads made from aluminum.

Frac sand is produced in a range of sizes from as small as 0.1 millimeter in diameter to over 2 millimeters in diameter depending upon customer specifications. Most of the frac sand consumed is between 0.4 and 0.8 millimeters in size. Until recently, producers in Wisconsin and Texas were supplying much of the frac sand used by the oil and gas industry. However, a huge spike in demand caused by the natural gas and shale oil boom has motivated many companies to provide this product.

Total industrial sand and gravel production in the United States increased to 62.1 million metric tons (Mt) in 2013 from 50.6 Mt in 2012. Industrial sand production increased by 23%, and industrial gravel production decreased by 20%, compared with that of 2012. The value of production in 2013 was $3.47 billion—a 30% increase from that of 2012 and a record-high value for industrial sand and gravel production. Estimated world production of industrial sand and gravel in 2013 was 142 Mt, a 9% increase compared with 2012 production.

Aggregates

Aggregates are key material components used in the production of cement, ready-mixed concrete and asphalt paving mixes for the residential, nonresidential and public infrastructure markets and are also widely used for various applications and products, such as road and building foundations, railroad ballast, erosion control, filtration, roofing granules and in solutions for snow and ice control. Generally extracted from the earth using surface or underground mining and products, such methods, aggregates are produced from natural deposits of various materials such as limestone, sand and gravel, granite and trap rock.

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Markets are typically local due to high transport costs and are generally fragmented, with numerous participants operating in localized markets. According to the March 2014 U.S. Geological Survey, the U.S. market for these products was estimated at approximately 2.1 billion tons in 2013, at a total market value of $18.6 billion. Relative to other construction materials, such as cement, aggregates consumption is more heavily weighted towards public infrastructure and maintenance repair. However, the mix of end uses can vary widely by geographic location, based on the nature of construction activity in each market. Typically, three to six competitors comprise the majority market share of each local market because of the constraints around the availability of natural resources and transportation. 

Industrial Chemicals:Chemical distribution is a cyclical business dependent on industrial demand. The profitability of individual companies depends on an efficient distribution system. Larger companies can offer more products and services. Local and regional distributors can compete effectively through superior service or geographic focus.

Chemical products in the oil and gas field segment includes iron sulfide, demulsifiers, corrosion inhibitor, emulsion breaker, paraffin solvent, biocides, methanol, dispersant and scale inhibitor. Companies create proprietary blends of these chemicals based on regional production research to solve and prevent production problems.

Other chemical products used in the manufacturing, peroxide stabilization, surface refinishing and as catalysts include inorganic, organometallic, metal and acid chemicals. This industry produces basic inorganic chemicals including titanium dioxide, chlor-alkali products and carbon black. Inorganic chemicals are mineral based, while organic chemicals are carbon based. Inorganic chemicals are mainly used as inputs in manufacturing and industrial processes. Inorganic chemicals used as pigments and dyes. Distribution networks are the primary channel through which these chemicals are sold to manufacturers.

The U.S. industry is concentrated: the largest 50 companies generate more than half of the revenue. Imports to the US of industrial chemicals and plastic resins, largely from Canada, Germany, Japan, and China, are substantial. Many of these imports move through chemical distributors. Canada, Mexico, China, Belgium, and Japan are the top recipients of US chemical exports. Major players in the global chemical market include: DuPont, PPG, BASF, Dow, Bayer, and DSM.

Government Regulation

Our operations will be subject to extensive federal, state and local laws, regulations and ordinances in the United States and abroad relating to the protection of the environment and human health and to safety, including those pertaining to chemical manufacture and distribution, waste generation, storage and disposal, discharges to waterways, and air emissions and various other health and safety matters. Governmental authorities have the power to enforce compliance with their regulations, and violators may be subject to civil, criminal and administrative penalties, injunctions or both. We will devote significant financial resources to ensure compliance, and we believe that we are in substantial compliance with all the applicable laws and regulations.

We anticipate that the regulation of our business operations under federal, state and local environmental laws in the United States and abroad will increase and become more stringent over time. We cannot estimate the impact of increased and more stringent regulation on our operations, future capital expenditure requirements or the cost of compliance.

United States Regulation. Statutory programs relating to protection of the environment and human health and to safety in the United States include, among others, the following.

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CERCLA. The Comprehensive Environmental Response, Compensation and Liability Act of 1980, as amended, also known as “CERCLA” and “Superfund”, and comparable state laws generally impose joint and several liability for costs of investigation and remediation and for natural resource damages, without regard to fault or the legality of the original conduct, on certain classes of persons with respect to the release into the environment of specified substances, including under CERCLA those designated as “hazardous substances.” These persons include the present and certain former owners or operators of the site where the release occurred and those that disposed or arranged for the disposal of the hazardous substance at the site. These liabilities can arise in association with the properties where operations were conducted, as well as disposal facilities where wastes were sent. Many states have adopted comparable or more stringent state statutes. In the course of our operations, we generated materials that fall within CERCLA’s definition of hazardous substances. We may be the owner or operator of sites fulfillon which hazardous substances have been released and may have generated hazardous substances that have been transported to or otherwise released upon offsite facilities. We may be responsible under CERCLA for all or part of the costs to clean up facilities at which such substances have been released by previous owners or operators and offsite facilities to which our wastes were transported and for associated damages to natural resources.

Resource Conservation and Recovery Act. The federal Resource Conservation and Recovery Act, as amended (“RCRA”) and comparable state laws regulate the treatment, storage, disposal, remediation and transportation of wastes, specifically under RCRA those designated as “hazardous wastes.” The EPA and various state agencies have limited the disposal options for these wastes and impose numerous regulations upon the treatment, storage, disposal, remediation and transportation of them. Our operations generate wastes that are subject to RCRA and comparable state statutes. Furthermore, wastes generated by our operations that are currently exempt from treatment as hazardous wastes may be designated in the future as hazardous wastes under RCRA or other applicable statutes and, therefore, may be subject to more rigorous and costly treatment, storage and disposal requirements. Governmental agencies (and in the case of civil suits, private parties in certain circumstances) can bring actions for failure to comply with RCRA requirements, seeking administrative, civil, or criminal penalties and injunctive relief, to compel us to abate a solid or hazardous waste situation that presents an imminent or substantial endangerment to health or the environment.

Clean Water Act. The federal Clean Water Act imposes restrictions and strict controls regarding the discharge of wastes and fill materials into waters of the United States. Under the Clean Water Act, and comparable state laws, the government (and in the case of civil suits, private parties in certain circumstances) can bring actions for failure to comply with Clean Water Act requirements and enforce compliance through civil, criminal and administrative penalties for unauthorized discharges of hazardous substances and of other pollutants. In the event of an unauthorized discharge of wastes, we may be liable for penalties and subject to injunctive relief.

Clean Air Act . The federal Clean Air Act (CAA), as amended and comparable state and local laws restrict the emission of air pollutants from many sources and also impose various monitoring and reporting requirements. These laws may require us to obtain pre-approval for the construction or modification of certain projects or facilities expected to produce or significantly increase air emissions, obtain and strictly comply with air permit requirements or utilize specific equipment or technologies to control emissions. Governmental agencies (and in the case of civil suits, private parties in certain circumstances) can bring actions for failure to strictly comply with air pollution regulations or permits and generally enforce compliance through administrative, civil or criminal enforcement actions, resulting in fines, injunctive relief (which could include requiring us to forego construction, modification or operation of sources of air pollutants) and imprisonment. While we may be required to incur certain capital expenditures for air pollution control equipment or other air emissions-related issues, we do not believe that such requirements will have a material adverse effect on our operations.

Greenhouse Gas Regulation .. More stringent laws and regulations relating to climate change and greenhouse gases (GHGs) may be adopted in the future and could cause us to incur material expenses in complying with them. The EPA has begun to regulate GHGs as pollutants under the CAA. The EPA adopted rules to permit GHG emissions from stationary sources under the Prevention of Significant Deterioration and Title V permitting programs including the “Prevention of Significant Deterioration and Title V Greenhouse Gas Tailoring Rule,” requiring that the largest sources first obtain permits for GHG emissions. The United States Supreme Court, however, ruled that the EPA did not have the authority to require permits for GHG emissions and also did not have the authority to adopt that rule. The Court did hold that if a source required a permit under the program because of other pollutants, the EPA had the authority to require that the source demonstrate that it would use the best available control technology to minimize GHG emissions that exceeded a minimal amount.

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Because of the lack of any comprehensive legislation program addressing GHGs, the EPA is using its existing regulatory authority to promulgate regulations requiring reduction in GHG emissions from various categories of sources, starting with fossil fuel-fired power plants. There is a great deal of uncertainty as to how and when additional federal regulation of GHGs might take place. Some members of Congress have expressed the intention to promote legislation to curb the EPA’s authority to regulate GHGs. In addition to federal regulation, a number of different needs, allowing usersstates, individually and regionally, and localities also are considering implementing or have implemented GHG regulatory programs. These regional and state initiatives may result in so–called cap–and–trade programs, under which overall GHG emissions are limited and GHG emission “allowances” are then allocated and sold to find and connectbetween persons subject to the program. These and possibly other regulatory requirements could result in our incurring material expenses to comply, for example by being required to purchase or to surrender allowances for GHGs resulting from other operations or otherwise being required to control or reduce emissions.

Occupational Safety. Our operations are also governed by laws and regulations relating to workplace safety and worker health, principally the Occupational Safety and Health Act (OSHA) and its regulations. The OSHA hazard communication standard, the EPA’s community right-to-know regulations and similar state programs may require us to organize and/or disclose information about hazardous materials used or produced in our operations. We believe that we are in substantial compliance with individuals from their pastthese applicable requirements.

Foreign Regulation. We are subject to various laws, regulations and interactordinances to protect the environment, human health and safety promulgated by the governmental authorities in Mexico, Europe, Singapore, and in other countries where we do business. Each country has laws and regulations concerning waste treatment, storage and disposal, discharges to waterways, air emissions and workplace safety and worker health. Their respective regulatory authorities are given broad authority to enforce compliance with new people based on shared interests, goals or other criteria. Many social networking Web sitesenvironmental, health and services provide users with toolssafety laws and regulations, and can require that enable individuals to identify, buildoperations be suspended pending completion of required remedial action.

Licenses, Permits and maintain personal networks from their relevant affiliations. Users of social networking services may interactProduct Registrations. Certain licenses, permits and communicate through email as well as through a variety of other online forums, including instant messaging, blogging, the posting of pictures and videos, voice chat and discussion groups. Many advertisers, recognizing that consumers spend an increasing amount of time online, view social networking Web sites as an attractive marketing mediumproduct registrations are required for theirour products and services.operations in the United States, and in other countries where we do business. The licenses, permits and product registrations are subject to revocation, modification and renewal by governmental authorities. In the United States in particular, producers and distributors of chemicals such as penta and creosote are subject to registration and notification requirements under federal law (including under the Federal Insecticide, Fungicide and Rodenticide Act (“FIFRA”) and the Toxic Substances Control Act, and comparable state law) in order to sell those products in the United States. Compliance with these laws has had, and in the future will continue to have, a material effect on our business, financial condition and results of operations. Under FIFRA, the law’s registration system requires an ongoing submission to the EPA of substantial scientific research and testing data regarding the chemistry and toxicology of pesticide products by manufacturers.

Employees

As of October 1,2012, we had no employees and one independent contractor, with the remainder of the company’s work being done by management. We consider our relations with our employees to be good.Employees

Description of Property

We currently leasehave 2 full-time employees.

Description of Property

We currently own no real property or equipment. The Company occupies office space at 701 N. Green Valley Pkwy 200, Henderson, NV 89074, as9595 Wilshire Bl., Suite 310, Beverly Hills, California 90212. This office space is provided at no charge by an affiliate of Rocky Mountain Resource Holdings, Inc., which is a shareholder of the Company. The Company feels that this space is sufficient until the Company significantly expands operations.

Legal Proceedings

There are no material pending legal proceedings to which we are a party or to which any of our principal offices.. We believe these facilitiesproperty is subject, nor are there any such proceedings known to be contemplated by governmental authorities. None of our directors, officers or affiliates is involved in good condition, but that we may needa proceeding adverse to expand our leased space asbusiness or has a material interest adverse to our expansion efforts increase.business.

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MANAGEMENT’S DISCUSSION AND ANALYSIS OF


OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

Forward-Looking Statements

The following discussion of our financial condition and results of operations should be read in conjunction with (i) our audited financial statements as of September 30, 2012 that appear elsewhere in this registration statement. This registration statement contains certain forward-looking statements and our future operating results could differ materially from those discussed herein. Certain statements contained in all parts of this discussion, including, without limitation, statements containing the words "believes", "anticipates," "expects" and the like, constitute "forward - looking statements"document that are not historical facts are, or may be deemed to be, “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 as amended, and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements include, but are not limited to, those relating to the following: our ability to secure necessary financing; expected growth; future operating expenses; future margins; fluctuations in interest rates; ability to continue to grow and implement growth, and regarding future growth, cash needs, operations, business plans and financial results and any other statements that are not historical facts.

When used in this document, the words “anticipate,” “estimate,” “expect,” “may,” “plans,” “project,” and similar expressions are intended to be among the statements that identify forward-looking statements. Our results may differ significantly from the results discussed in the forward-looking statements. Such statements involve risks and uncertainties, including, but not limited to, those relating to costs, delays and difficulties related to our dependence on our ability to attract and retain skilled managers and other personnel; the intense competition within our industry; the uncertainty of our ability to manage and continue our growth and implement our business strategy; our vulnerability to general economic conditions; accuracy of accounting and other estimates; our future financial and operating results, cash needs and demand for services; and our ability to maintain and comply with permits and licenses; as well as other risk factors described in this Registration Statement. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those projected.

Overview

We were incorporated in the State of Nevada on August 6, 2012 under the name “Online Yearbook” with the principal business objective of developing and marketing online yearbooks for schools, companies and government agencies.

On November 17, 2014, Rocky Mountain Resource Holdings, Inc. (the “RMRH”) became our majority shareholder by acquiring 5,200,000 shares of our common stock (the “Shares”), or 69.06% of the issued and outstanding shares of our common stock, pursuant to stock purchase agreements with Messrs. El Maraana and Salah Blal, our former officers and directors. The Shares were acquired for an aggregate purchase price of $357,670.

On December 8, 2014, we changed our name to “RMR Industrials, Inc.” in connection with the change in our business plan.

On February 27, 2015 (the “Closing Date”), we entered into and consummated a merger transaction pursuant to an Agreement and Plan of Merger (the “Merger Agreement”) by and among the Company, OLYB Acquisition Corporation, a Nevada corporation and wholly owned subsidiary of the Company (“Merger Sub”) and RMR IP, Inc., a Nevada corporation (“RMR IP”). In accordance with the terms of Merger Agreement, on the Closing Date, Merger Sub merged with and into RMR IP (the “Merger”), with RMR IP surviving the Merger as our wholly owned subsidiary. Chad Brownstein and Gregory M. Dangler are directors of the Company and co-owners of RMRH which was the majority shareholder of the Company prior to the Merger. Additionally, Messrs. Brownstein and Dangler were indirect controlling shareholders and directors of RMR IP prior to the Merger. As such, the Merger was among entities under the common control of Messrs. Brownstein and Dangler.

We have acquired the rights to certain intellectual property from the Colorado School of Mines (“CSM”), including issued US patent 7,662,275 and US patent applications 61/946062, 61/941869 and 61/950500 through payment of an advance deposit in accordance with our option agreement with CSM in July 2015. We currently have the right to market and pursue licensing opportunities with these patents. We will obtain full title and ownership to the patent rights once we have paid the remaining balance under the option agreement, which terminates on November 1, 2015 unless extended for an additional $3,000 for each of two available three-month periods, not to extend past November 25, 2015. These patents describe a process to increase oil and gas production through modified injection processes. Our management views CSM as a highly respected institution which specializes in industrial minerals technology research and believes that CSM could be a valuable technical resource for future intellectual property development 

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We plan to develop intellectual property and acquire and consolidate complementary industrial assets.  Typically these small to mid-sized assets are the core manufacturer and supplier of specific bulk commodity minerals and chemicals distributed to the global manufacturer industry. Our consolidation strategy is to assemble a portfolio of mature and value-add industrial commodities businesses to generate scalable enterprises with a large portfolio of products and services addressing a common and stable customer base. We believe that smaller, legacy-owned industrial companies will benefit from economies of scale and professional asset allocation. Our acquisition strategy seeks to capitalize on the price differential between public company and private company valuations, while also providing the platform to access capital markets and professional management oversight.

Results of Operations

Three Months Ended June 30, 2015 and from October 15, 2014 (inception) to June 30, 2015

Revenues

We have a limited operational history. From inception on October 15, 2014 to June 30, 2015, we did not generate any revenues.

Operating Expenses 

Our operating expenses for the three months ended June 30, 2015 was $537,248, and for the period from October 15, 2014 (inception) through June 30, 2015 was $1,385,712. Operating expenses consisted of consulting services from related parties, public company costs and amortization of intangible assets.

Net Loss

During the three months ended June 30, 2015 and the period from October 15, 2014 (inception) through June 30, 2015, we recognized net losses of $537,248 and $1,385,712, respectively.

Liquidity and Capital Resources

On June 30, 2015, we had current assets of $4,798, total current liabilities of $1,387,944 and working capital deficit of $1,383,146. We have incurred an accumulated loss of $1,385,712 since inception. Our independent auditors have issued an audit opinion for our financial statements for the period ended January 31, 2015, which includes a statement expressing substantial doubt as to our ability to continue as a going concern due to our limited liquidity and our lack of revenues.

During the period from inception to June 30, 2015, we raised $4,798 through the issuance of common stock by subscription agreements.

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On June 26, 2015, our wholly-owned subsidiary, United States Talc and Minerals Inc. (“USTM”), entered into a non-binding financing arrangement with Auramet International LLC (“Auramet”), whereby subject to certain conditions, including but not limited to, the approval of a satisfactory acquisition candidate, technical due diligence and an executable acquisition purchase agreement, Auramet will loan USTM the principal amount of $12,000,000.  The maturity date of such note will be on the second anniversary of the closing and such note will accrue interest at a rate of 15% annually.  The note shall be secured by a first priority lien on all the assets of USTM.  We have also entered into a non-binding mezzanine financing arrangement with Auramet, whereby subject to meeting certain conditions, Auramet will loan USTM an additional principal amount of $5,000,000. The maturity date of such note will be on the second anniversary of the closing and such note will accrue interest at a rate of 15% annually. The note shall be secured by a second priority lien on certain assets of USTM. There are no assurances that USTM will enter into binding loan agreements with Auramet, and upon terms that are ultimately satisfactory to us. Any such failure will result in USTM and us having to seek financing from other potential sources.

We will be seeking additional capital to execute our business plan and reach positive cash flow from operations. Our base monthly expenses are $50,000 per month. In order to successfully execute our business plan, the net proceeds of a $10-20 million offering will be required to finance our planned acquisition and for general working capital purposes.

We do not internally generate adequate cash flows to support our existing operations. Moreover, the historical and existing capital structure is not adequate to fund our planned growth. Our current cash requirements are significant due to our business plan which will depend on future acquisitions. We anticipate generating losses through 2015. We anticipate that we will be able to raise sufficient amounts of working capital in the near term through debt or equity offerings as may be required to meet short-term obligations, including by issuing Units through a public offering. On July 1, 2015, we filed with the Securities and Exchange Commission an initial registration statement for this public offering of 700,000 Units at an offering price of $10.00 per share.

Other than as stated above, we currently do not have any arrangements for additional financing and we may not be able to obtain financing when required. Our future is dependent upon our ability to obtain financing, a successful marketing and promotion program and, further in the future, achieving a profitable level of operations. Obtaining commercial loans, assuming those loans would be available, will increase our liabilities and future cash commitments.   We will require additional funds to maintain our reporting status with the SEC and remain in good standing with the state of Nevada. There are no assurances that we will be able to raise the required working capital on terms favorable, or that such working capital will be available on any terms when needed. Any failure to secure additional financing may force us to modify our business plan. In addition, we cannot be assured of profitability in the future.

Going Concern

We have incurred net losses since our inception on October 15, 2014 through June 30, 2015 totaling $1,385,712 and have completed the preliminary stages of our business plan.  We anticipate incurring additional losses before realizing any revenues and will depend on additional financing in order to meet our continuing obligations and ultimately, to attain profitability.  Our ability to obtain additional financing, whether through the issuance of additional equity or through the assumption of debt, is uncertain.  Accordingly, our independent auditors’ report on our financial statements for the year ended January 31, 2015 includes an explanatory paragraph regarding concerns about our ability to continue as a going concern, including additional information contained in the notes to our financial statements describing the circumstances leading to this disclosure.  The financial statements do not include any adjustments that might result from the uncertainty about our ability to continue our business.

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Recently Issued Accounting Pronouncements

We do not expect the adoption of any recently issued accounting pronouncements to have a significant impact on our net results of operations, financial position, or cash flows.

Off-Balance Sheet Arrangements

We have no off-balance sheet arrangements.

CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS

ON ACCOUNTING AND FINANCIAL DISCLOSURE

None.

QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

As a smaller reporting company, the Company is not required to provide this disclosure.

DIRECTORS AND EXECUTIVE OFFICERS

Set forth below are the names, ages and present principal occupations or employment, and material occupations, positions, offices or employments of our current Directors and executive officers.

NameAgePosition
Chad Brownstein42Chief Executive Officer and Director
Gregory M. Dangler33President, Chief Financial Officer, Secretary and Director
Andrew Peltz49Director

Biographies

Chad Brownstein is the Chief Executive Officer of RMR IP, where he is responsible for the corporate strategy and board oversight for all investments. Since 2014, Mr. Brownstein has been the Chief Executive Officer and Director of RMR Industrials, Inc. (“RMRI”), an industrial commodities company. Mr. Brownstein is responsible for assisting the corporate strategy and board oversight for all acquisition opportunities at RMRI. Since 2008, Mr. Brownstein has been a partner at Rocky Mountain Resource Holdings and/or its predecessor affiliates, a natural resources operating and investment company. Mr. Brownstein has been a member of the board of directors beginning in 2009, and is currently lead independent director and the Vice Chairman of the Banc of California. Previously, from 2009 to 2012, Mr. Brownstein was a principal member of Crescent Capital Group, an investment firm (formerly Trust Company of the West Leveraged Finance Group) focused on special situations. During 2008, Mr. Brownstein was a Senior Advisor at Knowledge Universe Ltd., a global education company, where he focused on turnaround operations. From 2000 to 2007, he was a Partner at ITU Ventures, a venture capital firm, making venture and growth investments with a specialization in corporate strategy. Mr. Brownstein began his career in 1996 at Donaldson Lufkin & Jenrette in the Merchant and Investment Banking divisions. Mr. Brownstein is either a current or past member of the Cedars Sinai Board of Governors, Los Angeles Conservation Corps, Prospect Global Resources, and The Palisades Group LLC, a Banc of California Company. Mr. Brownstein attended Columbia Business School and received his B.A. from Tulane University.

Gregory Dangler is the President and Chief Financial Officer of RMR IP, where he is responsible for the day-to-day operations of all business units. Since 2014, Mr. Dangler has been the President, Chief Financial Officer, and Director of RMRI, an industrial commodities company. Mr. Dangler is responsible for the day-to-day operations and corporate financial strategy of RMRI. Since 2008, Mr. Dangler has been a partner at Rocky Mountain Resource Holdings and/or its predecessor affiliates, a natural resources operating and investment company. Previously, from 2012-present, Mr. Dangler has served in multiple capacities, including Chief Restructuring Officer of Prospect Global Resources, a natural resource development company. Prior to that, in 2009, Mr. Dangler founded a venture-backed technology company. As the Chief Executive, he raised institutional capital and expanded its global presence with operating interests in Africa and South America. From 2006 to 2007, Mr. Dangler was an associate with ITU Ventures, a venture capital firm, making venture and growth investments. While with ITU, Mr. Dangler executed private and public equity transactions, directed M&A activity, and provided strategic support to portfolio companies. In 2000, Mr. Dangler began his career in the U.S. Air Force and by 2004 was managing complex infrastructure projects. Mr. Dangler received a BS in Mechanical Engineering from the United States Air Force Academy and an MBA from the University of Southern California’s Marshall School of Business.

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Andrew Peltz is a Partner at Peltz Capital Management (“PCM”). Prior to forming PCM in 2003, Mr. Peltz worked at Triarc Companies, Inc. from 1999 to 2003 where he held the titles of Vice President, Investment Services and as an Associate of Corporate Development. He was primarily responsible for the day-to-day oversight of Triarc’s $650 million plus investment portfolio. Prior to Triarc, Mr. Peltz was Senior Investment Banker at Credit Agricole Lazard Financial Products Bank from 1997 to 1998, which is a joint venture between Lazard Freres & Co. and Credit Agricole, specializing in structured finance transactions. From 1996 to 1997, Mr. Peltz also served as a marketing associate for Lazard Asset Management, a division of Lazard Freres & Co., where he marketed their vast array of fixed income, equity and alternative investment products. Mr. Peltz holds a BFA from New York University.

The Company believes that Mr. Peltz’s education and management and accounting experience make him a valuable member to the Company’s board of directors.

Board Composition

Our By-Laws provide that the Board of Directors shall consist of not less than one nor more than fifteen directors. Each director of the Company serves until his successor is elected and qualified, subject to removal by the Company's majority shareholders. Each officer shall hold their offices for such terms and shall exercise such powers and perform such duties as shall be determined by the Board of Directors, and shall hold his office until his successor is elected and qualified, or until his earlier resignation or removal.

Audit Committee

Our Board of Directors has not established a separate audit committee within the meaning of Section 3(a)(58)(A) of the Securities Exchange Act of 1934, as amended (the Exchange Act)“Exchange Act”). However,Instead, the entire Board of Directors acts as we will issue ―penny stock, as such term is defined in Rule 3a51-1 promulgated underthe audit committee within the meaning of Section 3(a)(58)(B) of the Exchange Act we are ineligibleand will continue to rely on these safe harbor provisions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied bydo so until such forward-looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. We disclaim any obligation to update any such factors or to announce publicly the results of any revisions of the forward -looking statements contained herein to reflect future events or developments. For information regarding risk factors that could havetime as a material adverse effect on our business, refer to the Risk Factors section of this prospectus beginning on page 4.

Plan of Operation

Online Yearbook will provide, produce, design and publish online yearbooks for schools, companies and government agencies.

Other than the shares offered by this prospectus, no other source of capitalseparate audit committee has been identified or sought at this time.   The amountestablished.

Code of cash the Company currently has on hand is sufficient to meet its obligations and conduct planned operations for a minimum of six months or until this filing is effective.  Our officer and director is not taking a salary and we have budgeted our current cash on hand to last for the duration of this time period.  Once this filing is effective and we initiate our offering; if we experience a shortfall in operating capital prior to funding from the proceeds of this offering, our sole officer and director, has verbally agreed to advance the Company funds to complete the registration costs and other costs that occur while furthering our planned operations until the potentially six months that the offering will continue.  The majority shareholder has pledged his support to fund continuing operations; however there is no written commitment to this effect.  The Company is dependent upon the continued support of this member.  Our officers and directors, have agreed to advance the Company funds to meet its obligations including the expenses necessary to stay current with accounting and audit, registration costs, and other cost that occur until the potentially six months that the offering will continue.  We anticipate the costs of these obligations could total approximately $10,000 and these advances will not be repaid from the raised funds.  While management estimates $10,000 for such costs; there is no maximum amount of funds that our officers and directors have agreed to provide.  Our officers and directors as our the sole offices and directors, and although they haves orally agreed to fund such amounts, as the sole officer and director such agreement is not binding and therefore it is within their sole discretion to provide such funds.

The funds raised through our offering are budgeted to sustain operations for a twelve month period following the closing.   Raising the Maximum Offering will enable the Company to complete the programming, development, and marketing of the Online Yearbook package.

The Company plans to commence operations and execute its business plan as discussed in the “Use of Proceeds” section upon receipt of the first proceeds received from the raise.  Release of the funds to the Company is based upon our escrow agent, Law Offices of Harold P. Gewerter, Esq. Ltd., reviewing the records of the depository institution holding the escrow to verify that that the checks have cleared prior to releasing the funds to the Company.

The Company is an emerging growth company under the Jumpstart Our Business Startups Act.

The Company shall continue to be deemed an emerging growth company until the earliest of--

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(A) the last day of the fiscal year of the issuer during which it had total annual gross revenues of $1,000,000,000 (as such amount is indexed for inflation every 5 years by the Commission to reflect the change in the Consumer Price Index for All Urban Consumers published by the Bureau of Labor Statistics, setting the threshold to the nearest 1,000,000) or more;Ethics

 (B) the last day of the fiscal year of the issuer following the fifth anniversary of the date of the first sale of common equity securities of the issuer pursuant to an effective registration statement under this title;

(C) the date on which such issuer has, during the previous 3-year period, issued more than $1,000,000,000 in non-convertible debt; or

 ‘(D) the date on which such issuer is deemed to be a ‘large accelerated filer’, as defined in section 240.12b-2 of title 17, Code of Federal Regulations, or any successor thereto.’.

As an emerging growth company the company is exempt from Section 404(b) of Sarbanes Oxley.   Section 404(a) requires Issuers to publish information in their annual reports concerning the scope and adequacy of the internal control structure and procedures for financial reporting. This statement shall also assess the effectiveness of such internal controls and procedures.

Section 404(b) requires that the registered accounting firm shall, in the same report, attest to and report on the assessment on the effectiveness of the internal control structure and procedures for financial reporting.

As an emerging growth company the company is exempt from Section 14A(a) and (b) of the Securities Exchange Act of 1934 which require the shareholder approval of executive compensation and golden parachutes.

The Company has irrevocably opted outadopted a Code of Ethics applicable to all Company directors, officers and employees which is available upon written request to the Company at c/o RMR Industrials, Inc., 9595 Wilshire Blvd, Suite 310, Beverly Hills, CA 90212

Potential Conflicts of Interest

Since we do not have an audit or compensation committee comprised of independent directors, the functions that would have been performed by such committees are performed by our directors. Thus, there is a potential conflict of interest in that our directors and officers have the authority to determine issues concerning management compensation and audit issues that may affect management decisions. We are not aware of any other conflicts of interest with any of our executives or directors.

Involvement in Certain Legal Proceedings

No director, executive officer, significant employee or control person of the extended transition period for complyingCompany has been involved in any legal proceeding listed in Item 401(f) of Regulation S-K in the past 10 years.

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Compliance with new or revised accounting standardsSection 16(a) Of the Exchange Act

Section 16(a) of the Exchange Act requires our directors, executive officers, and shareholders holding more than 10% of our outstanding Class B Common Stock to file with the SEC initial reports of ownership and reports of changes in beneficial ownership of our Class B Common Stock. Executive officers, directors, and persons who own more than 10% of our Class B Common Stock are required by SEC regulations to furnish us with copies of all Section 16(a) reports they file.

Based solely upon a review of Forms 3, 4, and 5 delivered to us as filed with the SEC during our most recent fiscal year, none of our executive officers and directors, and persons who own more than 10% of our Class B Common Stock failed to timely file the reports required pursuant to Section 107(b)16(a) of the Exchange Act.

The trends

Nominations to the Board of Directors

Our directors take a critical role in guiding our strategic direction and oversee the management of the industryCompany. Board candidates are reflectiveconsidered based upon various criteria, such as their broad-based business and professional skills and experiences, a global business and social perspective, concern for the long-term interests of the economic atmosphere thatshareholders, diversity, and personal integrity and judgment

In addition, directors must have time available to devote to Board activities and to enhance their knowledge in the country finds itselfgrowing business. Accordingly, we seek to attract and retain highly qualified directors who have sufficient time to attend to their substantial duties and responsibilities to the Company.

In carrying out its responsibilities, the Board will consider candidates suggested by shareholders. If a shareholder wishes to formally place a candidate’s name in nomination, however, he or she must do so in accordance with the provisions of the Company’s Bylaws. Suggestions for candidates to be evaluated by the directors must be sent to the Board of Directors, c/o RMR Industrials, Inc., 9595 Wilshire Blvd, Suite 310, Beverly Hills, CA 90212.

Board Leadership Structure and Role on Risk Oversight

Gregory Dangler, Chad Brownstein, and Andrew Peltz comprise our Board of Directors, with Mr. Brownstein serving as our Chief Executive Officer. We have determined this leadership structure isappropriate for us due to our small size and limited operations and resources. The Board of Directors will continue to be affected byevaluate our leadership structure and modify as appropriate based on our size, resources and operations.

Currently, our Board of Directors is establishing procedures to determine an appropriate role for the overall economic conditionBoard of the United StatesDirectors in the future. The wide diversification of the yearbooks and customers seeking the product and services owned by our Company will determine the direction and the amount of attention given to any one area at any given time depending on the demands of the industry at that time and in the future.

Liquidity and Capital Resources

At September 30, 2012 we had $19,075 in current assets compared to $0 at September 30, 2011. Current liabilities at September 30, 2012 totaled $2,400 compared to $0 at September 30, 2011 and consisted of accounts payable.

At September 30, 2012, we had $17,575 in cash. Our current liabilities at September 30, 2012 consisted of accounts payable in the amount of $2,400.

We have no material commitments for the next twelve months, aside from independent contractor fees and rent on our primary office space. We will however require additional capital to meet our liquidity needs. Currently the Company has determined that its anticipated monthly cash flow needs should not exceed of $20,000 for the first 6 months. Expenses are expected to increase in the second half of 2013 due to a projected need to increase personnel. We anticipate that we will receive sufficient proceeds from investors through this offering, to continue operations for at least the next twelve months; however, there is no assurance that such proceeds will be received and there are no agreements or understandings currently in effect from any potential investors. It is anticipated that the company will receive revenues from operations in the coming year, however, since the Company has made no revenues to date, it is difficult to anticipate what those revenues might be, if any, and therefore, management has assumed for planning purposes only that it may need to sell common stock, take loans or advances from officers, directors or shareholders or enter into debt financing agreements in order to meet our cash needs over the coming 12 months.

Results of Operations

We did not generate any revenue from August 6, 2012 (inception) to September 30, 2012. For the periodended September 30, 2012 our expenses were $9,325 compared to $0 in 2011. Expenses consisted of professional fees of $6,300 and general and administrative of $3,025. As a result, we have reported a net loss of $9,325 for the period ended September 30, 2012.


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The Company’s revenues are expected to be derived primarily from subscriptions to the Company’s yearbooks. The Company has suffered operating losses since its inception, primarily as a result of start up costs including market research, test and development of its website to date.

Going Concern

The future of our company is dependent upon its ability to obtain financing and upon future profitable operations.. Management has plans to seek additional capital through a private placement and public offering of its common stock if necessary. These conditions raise substantial doubt about our company's ability to continue as a going concern.

Off-Balance Sheet Arrangements

We do not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to investors.

Critical Accounting Policies

Our financial statements and accompanying notes have been prepared in accordance with United States generally accepted accounting principles applied on a consistent basis. The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the 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.

We regularly evaluate the accounting policies and estimates that we use to prepare our financial statements. In general, management's estimates are based on historical experience, on information from third party
professionals, and on various other assumptions that are believed to be reasonable under the facts and circumstances. Actual results could differ from those estimates made by management.

Cash and Cash Equivalents. The Company considers all highly liquid short-term investments with maturities of less than three months when acquired to be cash equivalents.

Equipment, Furniture and Leasehold Improvements. Equipment, furniture and leasehold improvements are recorded at cost and depreciated on a straight-line basis over the lesser of their estimated useful lives, ranging from three to seven years, or the life of the lease, as appropriate.

Impairment of Long-Lived AssetsLong-lived assets are reviewed for impairment whenever events or
changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of the assets to the future net cash flows expected to be generated by such assets. If such assets are considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the assets exceeds the discounted expected future net cash flows from the assets.

Revenue Recognition. The Company recognizes revenue when all four of the following criteria are met: (i) persuasive evidence that an arrangement exists; (ii) delivery of the products and/or services has occurred; (iii) the fees earned can be readily determined; and (iv) collectability of the fees is reasonably assured. The Company
recognizes revenue from research contracts as services are performed under the agreements.

Research and Development and Patent Costs. All research and development costs, including all related salaries, clinical trial expenses, regulatory expenses and facility costs are charged to expense when incurred.
Expenditures related to obtaining and protecting patents are also charged to expense when incurred, and are included in research and development expense.

15

Loss Per Common Share. Basic net loss per share is calculated by dividing the net loss by the weighted - average number of common shares outstanding for the period, without consideration for common stock equivalents.

OUR MANAGEMENT

Directors, Executive Officers, Promoters and Control Persons

Directors, Executive Officers

NameAgePosition
El Maraana39Chairman of the Board, President
Salah Blal19Secretary, Treasurer, Director

Mr. El Maraana

Mr. El Maraana, our President, and Director since August 6, 2012, have been involved in the photography industry from 1991 Mr. Maraana own his solo proprietor photography business to the present. Located Ashdod Israel, the mail clients are school in south Israel,

Mr. Maraana was working with Mr. Salah Blal as a photographer and he has extensive experience with schools as a photographer and with yearbook programs.

Mr. Salah Blal

Mr. Salah Blal has been our Secretary, Treasurer and a Director since we were incorporated on August 6, 2012.  In 2000, Mr. Blal founded a solo proprietor of Digit business, which is creating multimedia projects for organizations and schools includes slideshows reunions and memories events, and since then he was owner and manager. Mr. Blal is responsible for establishing the business, defining software requirements, marketing goals, and hiring marketing people, office employees, and subcontractors. Mr. Blal works with Mr, Maraana since 2001.
risk oversight function.

 

Compensation Committee Interlocks and Insider Participation

No interlocking relationship exists between our board of directors and the board of directors or compensation committee of any other company, nor has any interlocking relationship existed in the past.

Family Relationships.Relationships

There are no family relationships between or among the directors andor executive officers of the company.officers.

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Code of Conduct and EthicsEXECUTIVE COMPENSATION. We have adopted a code of business conduct and ethics that applies to our directors, officers and all employees. The code of business conduct and ethics may be obtained free of charge by writing to Online Yearbook, Attn: Chief Financial Officer, 701 N. Green Valley Pkwy #200, Henderson, NV 89074.

Executive Compensation

Summary Compensation Table.

The following table sets forth certain information concerning the annual and long-term compensation awarded to, earned by, or paid to the named executive officers and directors for all services rendered in all capacities to our Company for the period from October 15, 2014 (inception) through January 31, 2015:

SUMMARY COMPENSATION TABLE
                Non-       
                Equity       
                Incentive  All    
                Plan  Other    
          Stock  Option  Compensa-   Compensa-    
    Salary  Bonus  Awards  Awards  tion  tion  Total 
Name & Principal Position Year ($)  ($)  ($)  ($)  ($)  ($)  ($) 
                               
Chad Brownstein 2014  122,500   0   0   0   0   0   122,500 
CEO & Director                              
Gregory Dangler 2014  122,500   0   0   0   0   0   122,500 
CFO & Director                              

We have no pension, health, annuity, bonus, insurance, stock options, profit sharing, or similar benefit plans. No stock options or stock appreciation rights have been granted to any of our Chief Executive Officer anddirectors or executive officers; none of our otherdirectors or executive officers during the last fiscal year for the last two fiscal years.exercised any stock options or stock appreciation rights; and none of them hold unexercised stock options. We have no long-term incentive plans.


           (a)   (b)   (c)     
Name and Principal Position  Year   Salary*   Bonus   Option
Awards
   All Other Compensation   Total
Compensation
 
El Maraana $2,012  $0  $0  $0  $0   0 
Chairman of the Board, CEO  2011   0   0   0   0   0 
President                        
                         
Salah Blah $2,012  $0  $0  $0  $0   0 
Secretary, Treasurer, CFO, CAO  2011   0   0   0   0   0 


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Outstanding Equity Awards at Fiscal Year End. There were no outstanding

Our directors and officers do not have unexercised options, stock that has not vested, or equity awardsincentive plan awards.

Compensation of Directors

Other than as disclosed in the compensation table above, our directors do not receive compensation for their services as directors.

Potential Payments Upon Termination or Change-in-Control

SEC regulations state that we must disclose information regarding agreements, plans or arrangements that provide for payments or benefits to our named executive officers in connection with any termination of September 30, 2012.employment or change in control of the Company. Please see the section entitled “Employment Agreements” below for a discussion of management compensation in the event of a termination of employment or change in control of the Company.

Employment Agreements

None.

 

Compensation of Non-Employee Directors. We currently have no non-employee directors and no compensation was paid to non-employee directors in the period ended September 30, 2012. We intend during 2012 to identify qualified candidates to serve on the Board of Directors and to develop a compensation package to offer to members of the Board of Directors and its Committees.

Audit, Compensation and Nominating Committees

As noted above, we intend to apply for listing our common stock on the OTC Electronic Bulletin Board, which does not require companies to maintain audit, compensation or nominating committees. Considering the fact that we are an early stage company, we do not maintain standing audit, compensation or nominating committees. The functions typically associated with these committees are performed by the entire Board of Directors which currently consists of one member who is not considered independent.

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

Security Ownership of Principal Stockholders, Directors, Nominees and Executive Officers and Related Stockholder Matters

The following table sets forth as of September 30, 2012, certain information with respect to the beneficial ownership of sharesour Class A Common Stock and Class B Common Stock (on a post reverse-split basis) as of October 7, 2015, and as adjusted to reflect the sale of our common stock by:Class B Common Stock included in the Units offered by this prospectus (assuming none of the individuals listed purchase Units in this offering), for (i) each director and officer, (ii) all of our directors and officers as a group, and (iii) each person known to us to beown beneficially five percent (5%) or more of the beneficial owneroutstanding shares of more than 5 percentour Class A Common Stock or Class B Common Stock. Unless otherwise specified below, the address of each of the persons listed in the table below is c/o RMR Industrials, Inc., 9595 Wilshire Blvd. #310, Beverly Hills, CA 90212.

To our knowledge, except as indicated in the footnotes to this table or pursuant to applicable community property laws, the persons named in the table have sole voting and investment power with respect to the shares of common stock indicated.

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Name and Address of
Beneficial Owner(1)
 Class of Common
Stock(2)
 Shares
Beneficially
Owned Prior
to Offering
  Shares Beneficially
Owned After
Offering
  Percentage
Beneficially
Owned Prior to
Offering(3)
  Percentage
Beneficially
Owned
After
Offering(4)
 
               
Directors and Executive Officers                  
                   
Gregory M. Dangler Class A  9,499,657(5)  9,499,657(5)  26.55%  26.55%
President, Chief Financial Officer, Secretary and Director Class B  260,000(5)  260,000(5)  32.21%   %
                   
Chad Brownstein Class A  10,791,701(6)  10,791,701(6)  30.16%  30.16%
Chief Executive Officer, Director Class B  260,000(6)  260,000(6)  32.21%   %
                   
Andrew Peltz Class B  15,000   15,000   1.86%   %
Director                  
                   
All Officers and Directors as a Group Class A  20,291,358   20,291,358   56.70%  56.70%
  Class B  275,000   275,000   34.07%   %
                   
5% Shareholders                  
                   
Legado Del Rey, LLC Class A  15,494,500(7)  15,494,500(7)  43.30%  43.30%
121 South Beverly Drive                  
Beverly Hills, CA 90212                  
                   
Principio Management LLC Class A  9,499,657   9,499,657   26.55%  26.55%
77727111, LLC Class A  10,791,701   10,791,701   30.16%  30.16%
                   
Rocky Mountain Resource Holdings, Inc. Class B  260,000   260,000   32.21%   %
                   
The Munitz Family Trust Class B  150,000(8)  150,000(8)  18.58%   %
9595 Wilshire Blvd. #310                  
Beverly Hills, CA 90212                  

(1)Beneficial ownership has been determined in accordance with Rule 13d-3 under the Exchange Act. Pursuant to the rules of the SEC, shares of common stock which an individual or group has a right to acquire within 60 days pursuant to the exercise of options or warrants are deemed to be outstanding for the purpose of computing the percentage ownership of such individual or group, but are not deemed to be beneficially owned and outstanding for the purpose of computing the percentage ownership of any other person shown in the table.

(2)The Company has Class A Common Stock and Class B Common Stock. The holders of Class A Common Stock will have the right to vote on all matters on which stockholders have the right to vote. The holders of Class B Common Stock will have the right to vote solely on matters where the vote of such holders is explicitly required under Nevada law, such as an approval of a plan of merger, exchange or conversion, an increase or decrease in the number of authorized shares of a class or series of stock in certain circumstances, and other situations as required by Nevada law where the rights, preferences or limitations of such holders are adversely impacted.  On matters which the applicable class of stockholders have the right to vote, each Class A Common Stock and Class B Common Stock shall be entitled to one vote per share.

(3)Based on 35,785,858 shares of Class A Common Stock and 833,459 shares of Class B Common Stock outstanding as of October 7, 2015.

(4)Assumes the sale of 700,000 Units from this offering.

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(5)Mr. Gregory M. Dangler is the indirect owner of 9,499,657 shares of Class A Common Stock, which are directly held by Principio Management LLC (“Principio”). Mr. Dangler is the managing member owner of Principio and has sole voting and dispositive power over the shares held by Principio. Mr. Gregory M. Dangler is also the indirect owner of 260,000 shares of Class B Common Stock, which are directly held by RMRH, and has shared voting and dispositive power over the shares held by RMRH. Principio and 77727111 have agreed to vote unanimously on all matters requiring the vote of shares of Class Common Stock pursuant to a voting agreement.  Upon conversion of the Class A Common Stock held by Principio, it would be entitled to 474,983 shares of Class B Common Stock, on a post-reverse-split basis.  

(6)Mr. Chad Brownstein is the indirect owner of 10,791,701 shares of common stock, which are directly held by 77727111, LLC. Mr. Brownstein is the managing member of 77727111 LLC and has sole voting and dispositive power over the shares held by 77727111 LLC. Mr. Chad Brownstein is also the indirect owner of 260,000 shares of Class B Common Stock, which are directly held by RMRH, and has shared voting and dispositive power over the shares held by RMRH.  Principio and 77727111 have agreed to vote unanimously on all matters requiring the vote of shares of Class Common Stock pursuant to a voting agreement.  Upon conversion of the Class A Common Stock held by 7727111, LLC, it would be entitled to 539,585 shares of Class B Common Stock, on a post-reverse-split basis.

(7)Edward Czuker is the manager of Legado Del Rey, LLC and has sole voting and dispositive power over the shares held by this entity.

(8)Barry Munitz is the trustee of The Munitz Family Trust and has sole voting and dispositive power over the shares held by this entity.

CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS,

AND DIRECTOR INDEPENDENCE

Certain Relationships and Transactions

On November 17, 2014, RMRH became the majority shareholder of the Company by acquiring 5,200,000 shares of common stock of the Company (the “Shares”), or 69.06% of the issued and outstanding shares of common stock, (ii) each director or nomineepursuant to certain stock purchase agreements with former stockholders of the Company. The Shares were acquired for an aggregate purchase price of $357,670.50. RMRH was the source of the funds used to acquire the Shares. Mr. Brownstein is the owner of 50% of the outstanding capital stock of RMRH and is the Chief Executive Officer and a director of ourRMRH. Mr. Dangler is the owner of 33.5% of the outstanding capital stock of RMRH and is the President, Chief Financial Officer and a director of RMRH.

Since inception, the Company (iii)accrued $978,120 in amounts owed to related parties for services performed or reimbursement of costs on behalf of the Company.

On October 15, 2014, RMR, IP entered into consulting agreements with each of the executives,Gregory Dangler, who is our current President, and (iv)Chad Brownstein, who is our directorscurrent Chief Executive Officer, pursuant to which each of Mr. Dangler and Brownstein would provide services related to their roles as executive officers as a group. Unless otherwise indicated,of the address of each shareholder is c/o our company at our principal office address:

  Number of Shares   Percent of 
Beneficial Owner Beneficially Owned (*)   Class (**) 
El Maraana 2600000   50%
Salah Blal 2600000   50%
All directors and officers as a group 5200000   100%
(2 persons)       


(*) Beneficial ownership is determinedCompany. The Company has accrued $805,000 for unpaid officers’ compensation expense in accordance with such consulting agreements. Under the rulesterms of each consulting agreement, each consultant shall serve as an executive officer to the Company and receive monthly compensation of $35,000. The consulting agreements may be terminated by either party for breach or upon thirty days prior written notice.

On October 15, 2014, RMR, IP entered into consulting agreements with each of Principio Management LLC, which holds 9,499,657 shares of Class A Common Stock of the SECCompany (26.55%), and 77727111, LLC, is the owner of 10,791,701 shares of Class A Common Stock of the Company (30.16%), relating to certain services provided by each of these entities. Mr. Dangler is the sole owner of Principio Management LLC and Mr. Brownstein is the sole owner of 77727111, LLC.

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On February 1, 2015, RMR, IP entered into a management services agreement with Industrial Management LLC (“IM”), to provide services to RMR, IP and affiliated entities, which generally attribute beneficial ownershipinclude assistance in operational and administrative matters, identifying, analyzing, and structuring growth initiatives, and potential strategic acquisitions. Chad Brownstein is a Manager of securitiesIM. As compensation for these services, RMR, IP will pay to persons who possess soleIM an annual cash management fee in an amount equal to the greater of 2% of the Company’s annual gross revenues or shared voting power and/or investmentpower$1,000,000, and a development fee with respect to those securities. Unless otherwise indicated, votingany capital project incurred by RMR IP equal to 2% of total project costs. In addition, IM has the option to be assigned all available royalties from RMR IP’s mineral holdings, leases or interests greater than 75% of net revenue interests for all mineral rights or production of minerals. At IM’s sole discretion, it may choose to accept a preferred convertible security with a 15% dividend accruing quarterly in lieu of cash for some or all of the annual management fee, development fee and investment power are exercised solely byroyalty assignments. Such preferred convertible securities shall be convertible into either Class A Common Stock or Class B Common Stock (as applicable) at a conversion price equal to fifty percent of the person named above or shared with membersmarket price of such persons household.

(**)Percent of class is calculatedthe applicable Class B Common Stock on the basisday prior to the date of issuance. In addition, these preferred convertible securities are callable for a cash, for a period of six months following the date of issuance; provided, however, that if called, IM shall have the option to convert the called preferred stock into either Class A Common Stock or Class B Common Stock (as applicable) at a conversion price equal to sixty-six and two thirds percent of the numbermarket price of the applicable Class B Common Stock on the business day immediately preceding the issuance date of preferred stock, and will include a blocker provision. In connection with the management services agreement with IM, RMR IP entered into a registration rights agreement which requires RMR IP to register for resale any securities issued as consideration under the management services agreement. The registration rights agreements provides for both demand and piggy back registration rights, and requires that IM not transfer any shares outstanding on September 30, 2012 (5,200,000).of RMR IP during a 90 day period following the effective date of a registration statement. The registration rights agreement terminates when the shares held by IM become eligible for resale pursuant to Rule 144.

CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS

It isOther than as set forth above, none of our practice and policycurrent officers or directors have been involved in any material proceeding adverse to complythe Company or any transactions with all applicable laws,the Company or any of its directors, executive officers, affiliates or associates that are required to be disclosed pursuant to the rules and regulations regardingof the SEC.

Review, Approval or Ratification of Transactions with Related Persons

Although we have adopted a Code of Ethics, we also rely on our Board to review related personparty transactions including the Sarbanes-Oxley Acton an ongoing basis to prevent conflicts of 2002. A related person is an executive officer, director or more than 5% stockholder of Online Yearbook, including any immediate family members, and any entity owned or controlled by such persons.interest. Our Board reviews a transaction in light of Directors (excluding any interested director) is charged with reviewingthe affiliations of the director, officer or employee and approving all related-person transactions, and a special committeethe affiliations of such person’s immediate family. Transactions are presented to our Board of Directorsfor approval before they are entered into or, if this is established to negotiatenot possible, for ratification after the terms of such transactions. In considering related-person transactions,transaction has occurred. If our Board finds that a conflict of Directors takes into account all relevant available facts and circumstances.

17

On August 6, 2012 each of our officers and directors received 2,600,000 shares at $0.005 per share for cash. These shares were exempt from registration under Section 4(2) ofinterest exists, then it will determine the Securities Act of 1933 as there was no solicitation and both officers and directors were in possession of full information about the registrant.

Director Independence

appropriate remedial action, if any. Our Board of Directors has adopted the definition of “independence” as described under the Sarbanes Oxley Act of 2002 (Sarbanes-Oxley) Section 301, Rule 10A-3 under the Securities Exchange Act of 1934 (the Exchange Act) and NASDAQ Rules 4200 and 4350. Our Board of Directors has determinedapproves or ratifies a transaction if it determines that its member does not meet the independence requirements.


DESCRIPTION OF CAPITAL STOCK


Authorized and Issued Stock       
  
 Number of Shares at September 30, 2012
Title of Class  
Authorized
   Outstanding 
        
Common stock, $0.001 par value per share 75,000,000   5,200,000 


Common stock

Dividends.Each share of common stock is entitled to receive an equal dividend, if one is declared, which is unlikely. We have never paid dividends on our common stock and do not intend to do so in the foreseeable future. We intend to retain any future earnings to finance our growth. See Risk Factors.

Liquidation.If our company is liquidated, any assets that remain after the creditors are paid, and the owners of preferred stock receive any liquidation preferences, will be distributed to the owners of our common stock pro-rata.

Voting Rights. Each share of our common stock entitles the owner to one vote. There is no cumulative voting. A simple majority can elect all of the directors at a given meeting and the minority would not be able to elect any directors at that meeting.

Preemptive Rights. Owners of our common stock have no preemptive rights. We may sell shares of our common stock to third parties without first offering it to current stockholders.


Redemption Rights. We do not have the right to buy back shares of our common stock except in extraordinary transactions such as mergers and court approved bankruptcy reorganizations. Owners of our common stock do not ordinarily have the right to require us to buy their common stock. We do not have a sinking fund to provide assets for any buy back.

Conversion Rights. Shares of our common stock cannot be converted into any other kind of stock except in extraordinary transactions, such as mergers and court approved bankruptcy reorganizations.

18



Nevada Anti-Takeover Laws

Some features of the Nevada Revised Statutes (NRS), which are further described below, may have the effect of deterring third parties from making takeover bids for control of our company or may be used to hinder or delay a takeover bid. This would decrease the chance that our stockholders would realize a premium over market price for their shares of common stock as a result of a takeover bid.

Acquisition of Controlling Interest. The Nevada Revised Statutes contain a provision governing Acquisition of Controlling Interest. This law provides generally that any person or entity that acquires 20% or more of the outstanding voting shares of a publicly-held Nevada corporation in the secondary public or private market may be denied voting rights with respect to the acquired shares, unless a majority of the disinterested stockholders of the corporation elects to restore such voting rights in whole or in part. The control share acquisition act provides that a person or entity acquires control shares whenever it acquires shares that, but for the operation of the control share acquisition act, would bring its voting power within any of the following three ranges:

(a) 20 to 33 1/3%,

(b) 33 1/3 to 50%, or

(c) more than 50%.

A control share acquisition is generally defined as the direct or indirect acquisition of either ownership or voting power associated with issued and outstanding control shares. The stockholders or board of directors of a corporation may elect to exempt the stock of the corporation from the provisions of the control share acquisition act through adoption of a provision to that effect in the articles of incorporation or bylaws of the corporation. Our articles of incorporation and bylaws do not exempt our common stock from the control share acquisition act.

The control share acquisition act is applicable only to shares of “Issuing Corporations” as defined by the act. An “Issuing Corporation” is a Nevada corporation, which:

(a) has 200 or more stockholders, with at least 100 of such stockholders being both stockholders of record and residents of Nevada; and

(b) does business in Nevada directly or through an affiliated corporation.

At this time, we do not have 100 stockholders of record resident of Nevada nor do we do business in Nevada directly or through an affiliated corporation. Therefore, the provisions of the control share acquisition act do not apply to acquisitions of our shares and will not until such time as these requirements have been met. At such time as they may apply to us, the provisions of the control share acquisition act may discourage companies or persons interested in acquiring a significant interest in or control of our company, regardless of whether such acquisition may be in the interest of our stockholders.

Combination with Interested Stockholder. The Nevada Combination with Interested Stockholders Statute may also have an effect of delaying or making it more difficult to effect a change in control of our company. This statute prevents an interested stockholder and a resident domestic Nevada corporation from entering into a combination, unless certain conditions are met. The statute defines combination to include any merger or consolidation with an interested stockholder, or any sale, lease, exchange, mortgage, pledge, transfer or other disposition, in one transaction or a series of transactions with an interested stockholder having:

(a) an aggregate market value equal to 5 percent or more of the aggregate market value of the assets of the corporation;

(b) an aggregate market value equal to 5 percent or more of the aggregate market value of all outstanding shares of the corporation; or

(c) representing 10 percent or more of the earning power or net income of the corporation.

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An interested stockholder means the beneficial owner of 10 percent or more of the voting shares of a resident domestic corporation, or an affiliate or associate thereof. A corporation affected by the statute may not engage in a combination within three years after the interested stockholder acquires its shares unless the combination or purchase is approved by the board of directors before the interested stockholder acquired such shares. If approval is not obtained, then after the expiration of the three -year period, the business combination may be consummated with the approval of the board of directors or a majority of the voting power held by disinterested stockholders, or if the consideration to be paid by the interested stockholder is at least equal to the highest of:

(a) the highest price per share paid by the interested stockholder within the three years immediately preceding the date of the announcement of the combination or in the transaction in which he became an interested stockholder, whichever is higher;

(b) the market value per common share on the date of announcement of the combination or the date the
interested stockholder acquired the shares, whichever is higher; or

(c) if higher for the holders of preferred stock, the highest liquidation value of the preferred stock.

Limitations on Stockholder Actions

Chapter 78 of the Nevada Revised Statutes ("NRS") provides that a corporation may indemnify any person who was or is a party or is threatened to be made a party to any threatened, pending or completed action, suit or proceeding whether civil, criminal, administrative or investigative (other than an action by or in the right of the corporation) by reason of the fact that he is or was a director, officer, employee or agent of the corporation, or is or was serving at the request of the corporation as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise, against expenses (including attorneys' fees), judgments, fines and amounts paid in settlement actually and reasonably incurred by him in connectionconsistent with such action, suit or proceeding if he is not liable pursuant to NRS Section 78.138 or acted in good faith 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,Company.

Director Independence

During the fiscal year ended September 30, 2014, we had no reasonable causeindependent directors on our board. We evaluate independence by the standards for director independence established by applicable laws, rules, and listing standards including, without limitation, the standards for independent directors established by The New York Stock Exchange, Inc., the NASDAQ National Market, and the Securities and Exchange Commission.

Subject to believe his conduct was unlawful. NRS Chapter 78 further providessome exceptions, these standards generally provide that a corporation similarly may indemnify any such person serving in any such capacity who was ordirector will not be independent if (a) the director is, a party or is threatened to be made a party to any threatened, pending or completed action or suit by or in the rightpast three years has been, an employee of ours; (b) a member of the corporation to procuredirector’s immediate family is, or in the past three years has been, an executive officer of ours; (c) the director or a judgment in its favor by reasonmember of the fact that he is or was a director, officer, employee or agent of the corporation or is or was serving at the request of the corporationdirector’s immediate family has received more than $120,000 per year in direct compensation from us other than for service as a director officer, employee(or for a family member, as a non-executive employee); (d) the director or agenta member of another corporation, partnership, joint venture, trustthe director’s immediate family is, or other enterprise, against expenses (including attorneys' fees) actually and reasonably incurred in connection with the defense or settlement of such action or suit if he is not liable pursuant to NRS Section 78.138 or acted in good faith andpast three years has been, employed in a manner he reasonably believed to beprofessional capacity by our independent public accountants, or has worked for such firm in any capacity on our audit; (e) the director or not opposed to the best interestsa member of the corporation and except that no indemnification shall be madedirector’s immediate family is, or in respectthe past three years has been, employed as an executive officer of any claim, issuea company where one of our executive officers serves on the compensation committee; or matter as to which such person shall have been adjudged to be liable to(f) the corporation unless and only to the extent that the courtdirector or other court of competent jurisdiction in which such action or suit was brought shall determine upon application that, despite the adjudication of liability but in view of alla member of the circumstancesdirector’s immediate family is an executive officer of the case, such person is fairly and reasonably entitleda company that makes payments to, indemnity for such expensesor receives payments from, us in an amount which, the court or other court of competent jurisdiction shall deem proper.

Our bylaws provide that it may indemnify its officers, directors, agents and any other persons to the fullest extent permitted by the NRS.


PLAN OF DISTRIBUTION

We may sell the shares of our common stock subject to this prospectus from time to time in any manner permitted bytwelve-month period during the Securities Act, including any onepast three years, exceeds the greater of $1,000,000 or moretwo percent of the following ways:that other company’s consolidated gross revenues.

directly to investors;

to investors through agents;

to dealers; and/or

through one or more underwriters.

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Any underwritten offering may be on a best efforts or a firm commitment basis. We may also make direct sales through subscription rights distributed to our stockholders on a pro rata basis, which may or may not be transferable. In any distribution of subscription rights to stockholders, if all of the underlying securities are not subscribed for, we may then sell the unsubscribed securities directly to third parties or may engage the services of one or more underwriters, dealers or agents, including standby underwriters, to sell the unsubscribed securities to third parties. Under agreements into which we may enter, underwriters, dealers and agents who participate in the distribution of the shares of common stock may be entitled to indemnification by us against some liabilities, including liabilities under the Securities Act, or contribution from us to payments which the underwriters, dealers or agents may be required to make. Underwriters, dealers and agents may engage in transactions with us or perform services for us from time to time in the ordinary course of business.

The distribution of the shares of common stock may be effected from time to time in one or more transactions:

at a fixed price or prices, which may be changed;

at market prices prevailing at the time of sale;

at prices related to such prevailing market prices; or

at negotiated prices.

Any of the prices may represent a discount from prevailing market prices.

Shares of common stock sold pursuant to the registration statement of which this prospectus is a part may not be listed or traded on any exchange or automated quotations system, but may be listed on the OTC Electronic Bulletin Board. In the sale of the shares, underwriters or agents may receive compensation from us or from purchasers of the shares, for whom they may act as agents, in the form of discounts, concessions or commissions. Underwriters may sell the shares to or through dealers, and such dealers may receive compensation in the form of discounts, concessions or commissions from the underwriters and/or commissions from the purchasers for whom they may act as agents. Underwriters, dealers and agents that participate in the distribution of the securities may be deemed to be underwriters under the Securities Act of 1933, and any discounts or commissions they receive from us and any profit on the resale of securities they realize may be deemed to be underwriting discounts and commissions under the Securities Act.

Each time we sell shares, we will describe the method of distribution of the shares in the prospectus supplement relating to such transaction. The applicable prospectus supplement will, where applicable:

identify any such underwriter or agent;

describe any compensation in the form of discounts, concessions, commissions or otherwise received from us by each such underwriter or agent and in the aggregate to all underwriters and agents;

identify the amounts underwritten; and

identify the nature of the underwriters obligation to take the shares.

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If underwriters are utilized in the sale of the securities, the shares may be acquired by the underwriters for their own account and may be resold from time to time in one or more transactions, including negotiated transactions, at fixed public offering prices or at varying prices determined by the underwriters at the time of the sale. We may offer the shares to the public either through underwriting syndicates represented by managing underwriters or directly by the managing underwriters. If any underwriters are utilized in the sale of the securities, unless otherwise stated in the applicable prospectus supplement, the underwriting agreement will provide that the obligations of the underwriters are subject to specified conditions precedent and that the underwriters with respect to a sale of the shares will be obligated to purchase all of the shares offered if any are purchased.

Until the distribution of the securities is completed, rules of the SEC may limit the ability of any underwriters and selling group members to bid for and purchase the securities. As an exception to these rules, underwriters are permitted to engage in some transactions that stabilize the price of the securities, such as over allotment, stabilizing transactions, short covering transactions and penalty bids in accordance with Regulation M under the Securities Exchange Act of 1934. Over allotment involves sales in excess of the offering size which create a short position. Stabilizing transactions consist of bids or purchases for the purpose of pegging, fixing or maintaining the price of the securities. Short covering transactions involve purchases of the securities in the open market after the distribution is completed to cover short positions. The underwriters may also impose a penalty bid, under which selling concessions allowed to syndicate members or other broker-dealers for securities sold in the offering for their account may be reclaimed by the syndicate if the securities are repurchased by the syndicate in stabilizing or covering transactions. In general, purchases of a security for the purpose of stabilization or to reduce a short position could cause the price of the security to be higher than it might be in the absence of such purchases. The imposition of a penalty bid might also have an effect on the price of a security to the extent that it were to discourage resales of the security before the distribution is completed.

We do not make any representation or prediction as to the direction or magnitude of any effect that the transactions described above might have on the price of the securities. In addition, we do not make any representation that underwriters will engage in such transactions or that such transactions, once commenced, will not be discontinued without notice.

Underwriters, dealers and agents may engage in transactions with us or perform services for us in the ordinary course of business.

If indicated in the applicable prospectus supplement, we will authorize underwriters or other persons acting as our agents to solicit offers by particular institutions to purchase shares from us at the public offering price set forth in such prospectus supplement pursuant to delayed delivery contracts providing for payment and delivery on the date or dates stated in such prospectus supplement. Each delayed delivery contract will be for an amount no less than, and the aggregate principal amounts of securities sold under delayed delivery contracts shall be not less nor more than, the respective amounts stated in the applicable prospectus supplement. Institutions with which such contracts, when authorized, may include commercial and savings banks, insurance companies, pension funds, investment companies, educational and charitable institutions and others, but will in all cases be subject to our approval. The obligations of any purchaser under any such contract will be subject to the conditions that (a) the purchase of the shares shall not at the time of delivery be prohibited under the laws of any jurisdiction in the United States to which the purchaser is subject, and (b) if the shares are being sold to underwriters, we shall have sold to the underwriters the total principal amount of the shares less the principal amount thereof covered by the contracts. The underwriters and such other agents will not have any responsibility in respect of the validity or performance of such contracts.

To comply with applicable state securities laws, the shares offered by this prospectus will be sold, if necessary, in such jurisdictions only through registered or licensed brokers or dealers. In addition, shares may not be sold in some states unless they have been registered or qualified for sale in the applicable state or an exemption from the registration or qualification requirement is available and is complied with.

How to Invest :

Subscriptions for purchase of shares offered by this prospectus can be made by completing, signing and delivering to us, the following:

1) an executed copy of the Subscription Agreement, available from the company; and

22

2) a check payable to the order of Online Yearbook in the amount of $0.20 for each share you want to purchase.WHERE YOU CAN FIND MORE INFORMATION

 OTC Electronic Bulletin Board Considerations

We intend to apply to have our stock traded on the OTC Electronic Bulletin Board. The OTC Electronic Bulletin Board is separate and distinct from the NASDAQ stock market and other stock exchanges. NASDAQ has no business relationship with issuers of securities quoted on the OTC Electronic Bulletin Board. The SECs order handling rules, which apply to NASDAQ-listed securities, do not apply to securities quoted on the OTC Electronic Bulletin Board.

Although the NASDAQ stock market has rigorous listing standards to ensure the high quality of its issuers, and can delist issuers for not meeting those standards, the OTC Electronic Bulletin Board has no listing standards. Rather, it is the market maker who chooses to quote a security on the system, files the application, and is obligated to comply with keeping information about the issuer in its files. The FINRA cannot deny an application by a market maker to quote the stock of a company. The only requirement for inclusion in the OTC Electronic Bulletin Board is that the issuer be current in its reporting requirements with the SEC.

Investors must contact a broker-dealer to trade OTC Electronic Bulletin Board securities. Investors do not have direct access to the bulletin board service. For bulletin board securities, there only has to be one market maker.

Bulletin board transactions are conducted almost entirely manually. Because there are no automated systems for negotiating trades on the bulletin board, they are conducted via telephone. In times of heavy market volume, the limitations of this process may result in a significant increase in the time it takes to execute investor orders. Therefore, when investors place market orders — an order to buy or sell a specific number of shares at the current market price — it is possible for the price of a stock to go up or down significantly during the lapse of time between placing a market order and getting execution.

Because bulletin board stocks are usually not followed by analysts, there may be lower trading volume than for NASDAQ-listed securities.


DISCLOSURE OF COMMISSION POSITION ON INDEMNIFICATION FOR SECURITIES ACT LIABILITIES

Section 78.138 of the NRS (“Section 78.138”) provides that directors and officers of Nevada corporations
may, under certain circumstances, be indemnified against expenses (including attorneys
fees) and other liabilities actually and reasonably incurred by them as a result of any suit brought against them in their capacity as a director or officer, if they acted in good faith and in a manner they reasonably believed to be in or not opposed to the best interests of the corporation, and, with respect to any criminal action or proceeding, if they had no reasonable cause to believe their conduct was unlawful. Section 78.138 also provides that directors and officers may also indemnified against expenses (including attorneysfees) incurred by them in connection with a derivative suit if they acted in good faith and in a manner they reasonably believed to be in or not opposed to the best interests of the corporation, except that no indemnification may be made without court approval if such person was adjudged liable to the corporation.

Article XI, Section 43 of our bylaws contains provisions which require that our company indemnify its officers, directors, employees and agents, in substantially the same language as Section 78.7502.

Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to the directors, officers, and controlling persons of the registrant pursuant to the foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable.

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In the event that a claim for indemnification against such liabilities (other than the payment by the small business issuer of expenses incurred or paid by a directors, officers or controlling person of the small business issuer in the successful defense of any action, suit or proceeding) is asserted by such director, officer, or controlling person in connection with the securities being registered, the registrant will, unless in the opinion of counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.


LEGAL OPINION


The validity of the shares offered hereby has been passed upon for us by Harold P. Gewerter, Esq.


EXPERTS

The consolidated financial statements included in this prospectus for the period from inception (August 6, 2012) and ended September 30, 2012 have been audited by Weinberg & Baer LLC, an independent registered public accounting firm, to the extent and for the periods set forth in their report appearing elsewhere herein and are included in reliance upon such report given upon the authority of said firm as experts in auditing and accounting.


INTERESTS OF NAMED EXPERTS AND COUNSEL

No experts or counsel to the company have any shares or other interests in Online Yearbook


ADDITIONAL INFORMATION

We will be subject to the reporting requirements of the Securities Exchange Act of 1934, as amended, and will file reports, proxy statements and other information with the SEC. These reports, proxy statements and other information may be inspected and copied at the public reference facilities maintained by the SEC at 100 F Street, N.E., Washington, D.C. 20549 and at the SEC’s regional offices located at the Northwestern Atrium Center, 500 West Madison Street, Suite 1400, Chicago, Illinois 60661 and 233 Broadway, New York, New York 10279. You can obtain copies of these materials from the Public Reference Section of the SEC upon payment of fees prescribed by the SEC. You may obtain information on the operation of the Public Reference Room by calling the SEC at 1 - 800-SEC-0330. The SEC’s Web site contains reports, proxy and information statements and other information regarding registrants that file electronically with the SEC. The address of that site is http://www.sec.gov.

We have filed a Registration Statementregistration statement on Form S-1 with the SEC under the Securities Act of 1933, as amended, with respect tothe SEC for the securities offered in this prospectus.hereby. This prospectus, which is filed asconstitutes a part of a Registration Statement,the registration statement, does not contain all of the information set forth in the Registration Statement, some portionsregistration statement or the exhibits and schedules which are part of which have been omitted in accordance with the SEC’s rulesregistration statement. For additional information about our securities, and regulations.us we refer you to the registration statement and the accompanying exhibits and schedules. Statements madecontained in this prospectus as toregarding the contents of any contract agreement or any other document referreddocuments to in this prospectuswhich we refer are not necessarily complete and are qualified in their entirety bycomplete. In each instance, reference is made to each suchthe copy of the contract agreement or other document which is filed as an exhibit to the Registration Statement. The Registration Statementregistration statement, and each statement is qualified in all respects by that reference. Copies of the registration statement and the accompanying exhibits and schedules may be inspected without charge (and copies may be obtained at prescribed rates) at the public reference facilitiesfacility of the SEC at Room 1024, 100 F Street, N.E. Washington, D.C. 20549.

You can request copies of these documents upon payment of a duplicating fee by writing to the SEC. You may call the SEC at 1-800-SEC-0330 for further information on the operation of its public reference rooms. Our filings, including the registration statement, will also be available to you on the Internet web site maintained by the SEC and copies of such materials can be obtained from the Public Reference Section of the SEC at prescribed rates.http://www.sec.gov.

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RMR INDUSTRIALS, INC.

INDEX TO UNAUDITED FINANCIAL STATEMENT

FINANCIAL STATEMENTS

June 30, 2015

Page(s)
Unaudited Balance Sheet as of June 30, 201545
Unaudited Statements of Operations for the three months ended June 30, 2015 and October 15, 2014 (inception) through June 30, 201546
Unaudited Statement of Cash Flows from October 15, 2014 (inception) through June 30, 201547
Notes to Unaudited Financial Statements48

2444

RMR Industrials, Inc.

Consolidated Balance Sheet

  June 30, 2015 
  (Unaudited) 
ASSETS    
Current assets    
Cash $4,798 
Total current assets  4,798 
     
Intangible asset, net  1,489 
Total assets $6,287 
     
LIABILITIES AND STOCKHOLDERS' DEFICIT    
Current liabilities    
Accounts payable $78,081 
Accounts payable, related party  714,120 
Accrued liabilities related party  595,743 
Total liabilities  1,387,944 
     
Stockholders' Deficit    
Preferred stock, $0.001 par value, 50,000,000 shares authorized and none issued and outstanding  - 
Class A common stock, $0.001 par value, 2,000,000,000 shares authorized, 35,785,858 shares 
issued and outstanding
  35,786 
Class B common stock, $0.001 par value,  2,000,000,000 shares authorized, 16,144,142 shares 
issued and outstanding
  16,144 
Additional paid-in capital  (47,875)
Accumulated deficit  (1,385,712)
Total stockholders’ deficit $(1,381,657)
     
Total liabilities and stockholders’ deficit $6,287 


RMR Industrials, Inc.

Consolidated Statements Of Operations (Unaudited)

For the three months ended June 30, 2015 and October 15, 2014 (inception) through June 30, 2015

  For the three 
months ended 
June 30, 2015
  For the period 
October 15, 2014 
(inception) through 
June 30, 2015
 
  (Unaudited)  (Unaudited) 
       
Operating Expenses        
Selling, general and administrative $537,248  $1,385,712 
Loss from operations  (537,248) $(1,385,712)
Other income and expense  -   - 
Loss before income tax provision  (537,248)  (1,385,712)
Income tax provision  -   - 
Net loss $(537,248) $(1,385,712)
         
Basic and diluted loss per common share $(0.01) $(0.05)
         
Weighted average shares outstanding  51,930,000   29,748,024 

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


46

RMR Industrials, Inc.

Consolidated Statement Of Cash Flows (Unaudited)

For the period from October 15, 2014 (inception) through June 30, 2015

  For the period from 
October 15, 2014 
(inception) through 
June 30, 2015
 
  (Unaudited) 
Cash flow from operating activities    
Net loss $(1,385,712)
Adjustments to reconcile net loss to net cash used in operating activities    
Amortization expense  22,886 
Changes in operating assets and liabilities    
Accounts payable  78,081 
Accounts payable, related parties  689,745 
Accrued liabilities, related parties  595,000 
Net cash used in operating activities  - 
     
Net cash used in investing activities  - 
     
  Proceeds from issuance of common stock  4,798 
Net cash provided by financing activities  4,798 
     
Net increase in cash  4,798 
     
Cash at beginning of period  - 
Cash at end of period $4,798 
     
Supplemental cash flow information    
Cash paid for interest $- 
Cash paid for income taxes $- 

Supplemental disclosure of non-cash transactions:

During the period ended June 30, 2015, the Company issued 26,286,201 shares of Class A and 1,390,000 shares of Class B common stock under subscription agreements valued at $3,031.

During the period ended June 30, 2015, the Company acquired an intangible asset from a related party, which has been accrued in accounts payable, related parties valued at $24,375

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

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RMR INDUSTRIALS, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

June 30, 2015

NOTE A – FORMATION, CORPORATE CHANGES AND MATERIAL MERGERS AND ACQUISITIONS

Online Yearbook was incorporated in the State of Nevada on August 6, 2012. Online Yearbook was a development stage company with the principal business objective of developing and marketing an online yearbook.

On November 17, 2014, Rocky Mountain Resource Holdings LLC, a Nevada limited liability company (the “Purchaser”) became the majority shareholder of Online Yearbook, by acquiring 5,200,000 shares of common stock of Online Yearbook (the “Shares”), or 69.06% of the issued and outstanding shares of common stock, pursuant to stock purchase agreements with Messrs. El Maraana and Salah Blal. The Shares were acquired for an aggregate purchase price of $357,670. The Purchaser was the source of the funds used to acquire the Shares. In connection with Online Yearbook’s receipt of approval from the Financial Industry Regulatory Authority (“FINRA”), effective December 8, 2014, Online Yearbook amended its Articles of Incorporation to change its name from “Online Yearbook” to “RMR Industrials, Inc.”

RMR Industrials, Inc. (the “Company” or “RMRI”) seeks to acquire and consolidate complimentary industrial assets. Typically these small to mid sized assets are the core manufacturer and supplier of specific bulk commodity minerals and chemicals distributed to the global manufacturer industry. RMRI’s consolidation strategy is to assemble a portfolio of mature and value-add industrial commodities businesses to generate scalable enterprises with a vast portfolio of products and services addressing a common and stable customer base.

On February 27, 2015 (the “Closing Date”), the Company entered into and consummated a merger transaction pursuant to an Agreement and Plan of Merger (the “Merger Agreement”) by and among the Company, OLYB Acquisition Corporation, a Nevada corporation and wholly owned subsidiary of the Company (“Merger Sub”) and RMR IP, Inc., a Nevada corporation (“RMR IP”). In accordance with the terms of Merger Agreement, on the Closing Date, Merger Sub merged with and into RMR IP (the “Merger”), with RMR IP surviving the Merger as our wholly owned subsidiary.

RMR IP was formed to acquire and consolidate complimentary industrial commodity assets through capitalizing on the volatile oil markets, down cycles in commodity markets, and other ancillary opportunities. RMR IP is focused on managing the supply chain in order to offer a large and diverse set of products and services.

The Merger Agreement includes customary representations, warranties and covenants made by the Company, Merger Sub and RMR IP as of specific dates. The assertions embodied in those representations and warranties were made solely for purposes of the Merger Agreement and are not intended to provide factual, business, or financial information about the Company, Merger Sub and RMR IP. Moreover, some of those representations and warranties (i) may not be accurate or complete as of any specified date, (ii) may be subject to a contractual standard of materiality different from those generally applicable to shareholders or different from what a shareholder might view as material, (iii) may have been used for purposes of allocating risk among the Company, Merger Sub and RMR IP, rather than establishing matters as facts, and/or (iv) may have been qualified by certain disclosures not reflected in the Merger Agreement that were made to the other party in connection with the negotiation of the Merger Agreement and generally were solely for the benefit of the parties to the Merger Agreement.

For financial reporting purposes, the Merger represents a “reverse merger” rather than a business combination and RMR IP is deemed to be the accounting acquirer in the transaction. Consequently, the assets and liabilities and the historical operations that will be reflected in the Company’s future financial statements will be those of RMR IP. The Company’s assets, liabilities and results of operations will be consolidated with the assets, liabilities and results of operations of RMR IP after consummation of the Merger, and the historical financial statements of the Company before the Merger will be replaced with the historical financial statements of RMR IP before the Merger in all future filings with the SEC.

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On March 10, 2015, we formed United States Talc and Minerals Inc. (“US Talc and Minerals”), incorporated in the State of Nevada as a wholly-owned subsidiary of the Company for the purpose of facilitating future acquisitions.

Basis of Presentation and Consolidation

The accompanying unaudited consolidated financial statements for the period ended June 30, 2015 have been prepared in accordance with accounting principles generally accepted in the United States for interim financial information in accordance with Securities and Exchange Commission (SEC) Regulation S-X rule 8-03. The unaudited consolidated financial statements include the financial condition and results of operations of our wholly-owned subsidiary, US Talc and Minerals, where intercompany balances and transactions have been eliminated in consolidation. In the opinion of management, the unaudited consolidated financial statements have been prepared on the same basis as the annual financial statements and reflect all adjustments, which include only normal recurring adjustments, necessary to present fairly the financial position as of June 30, 2015 and the results of operations and cash flows for the periods then ended. The financial data and other information disclosed in these notes to the interim consolidated financial statements related to the period are unaudited.

NOTE B – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

A summary of significant accounting policies of the Company is presented to assist in understanding the Company’s consolidated financial statements. The accounting policies presented in these footnotes conform to accounting principles generally accepted in the United States of America (“GAAP”) and have been consistently applied in the preparation of the accompanying consolidated financial statements. These consolidated financial statements and notes are representations of the Company’s management who are responsible for their integrity and objectivity.

Use of Estimates

The preparation of financial statements in conformity with GAAP requires management to make estimates, judgments, and assumptions that impact the reported amounts of assets, liabilities, and expenses, and disclosure of contingent assets and liabilities in the financial statements and accompanying notes. Actual results could materially differ from those estimates. Management considers many factors in selecting appropriate financial accounting policies and controls, and in developing the estimates and assumptions that are used in the preparation of these financial statements. Management must apply significant judgment in this process. In addition, other factors may affect estimates, including: expected business and operational changes, sensitivity and volatility associated with the assumptions used in developing estimates, and whether historical trends are expected to be representative of future trends. The estimation process may yield a range of potentially reasonable estimates of the ultimate future outcomes and management must select an amount that falls within that range of reasonable estimates. Although these estimates are based on the Company’s knowledge of current events and actions it may undertake in the future, actual results may ultimately materially differ from those estimated amounts and assumptions used in the preparation of the financial statements.

Segment Reporting

Operating segments are identified as components of an enterprise about which separate discrete financial information is available for evaluation by the chief operating decision-maker in making decisions regarding resource allocation and assessing performance. The Company views its operations and manages its business as one operating segment.

Cash and Cash Equivalents

The Company considers all highly liquid securities with original maturities of three months or less at the date of purchase to be cash equivalents. As of June 30, 2015, the Company had cash of $4,798 and no cash equivalents. The Company may occasionally maintain cash balances in excess of amounts insured by the Federal Deposit Insurance Corporation (“FDIC”). The amounts are held with major financial institutions and are monitored by management to mitigate credit risk.

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Intangible Assets

Intangible assets are stated at cost and consist of an option contract. Amortization is computed on the straight-line method over the estimated useful or contractual life of these assets, whichever is shorter. Intangible assets consist of the following:

  June 30, 2015 
  (Unaudited) 
Option Contract $24,375 
Accumulated Amortization  (22,886)
Option Contract, Net $1,489 

Impairment of Long-Lived Assets

The Company evaluates long-lived assets for impairment whenever events or changes in circumstances indicate the carrying value may not be recoverable. Factors considered include:

Significant changes in the operational performance or manner of use of acquired assets or the strategy for our overall business,

Significant negative market conditions or economic trends, and

Significant technological changes or legal factors which may render the asset obsolete.

The Company evaluated long-lived assets based upon an estimate of future undiscounted cash flows. Recoverability of these assets is measured by comparing the carrying value to the future net undiscounted cash flows expected to be generated by the asset. An impairment loss is recognized when the carrying value exceeds the undiscounted future cash flows estimated to result from the use and eventual disposition of the asset. Future net undiscounted cash flows include estimates of future revenues and expenses which are based on projected growth rates. The Company continually uses judgment when applying these impairment rules to determine the timing of the impairment tests, the undiscounted cash flows used to assess impairments and the fair value of a potentially impaired asset.

Fair Value Measurements

The fair value of a financial instrument is the amount that could be received upon the sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Financial assets are marked to bid prices and financial liabilities are marked to offer prices. Fair value measurements do not include transaction costs. A fair value hierarchy is used to prioritize the quality and reliability of the information used to determine fair values. Categorization within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. The fair value hierarchy is defined into the following three categories:

- Level 1: Quoted market prices in active markets for identical assets or liabilities

- Level 2: Observable market-based inputs or inputs that are corroborated by market data

- Level 3: Unobservable inputs that are not corroborated by market data

Net Loss per Common Share

Basic net loss per common share is calculated by dividing the net loss attributable to common stockholders by the weighted average number of common shares outstanding during the period, without consideration for the potentially dilutive effects of converting stock options or restricted stock purchase rights outstanding. Diluted net loss per common share is calculated by dividing the net loss attributable to common stockholders by the weighted average number of common shares outstanding during the period and the potential dilutive effects of stock options or restricted stock purchase rights outstanding during the period determined using the treasury stock method. There are no such anti-dilutive common share equivalents outstanding as June 30, 2015 which were excluded from the calculation of diluted loss per common share.

50

Income Taxes

The Company accounts for income taxes under the asset and liability method, which requires, among other things, that deferred income taxes be provided for temporary differences between the tax bases of the Company's assets and liabilities and their financial statement reported amounts. Under this method, deferred tax assets and liabilities are determined on the basis of the differences between the financial statements and tax basis of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. The effect of a change in tax rates on deferred tax assets and liabilities is recognized in income in the period that includes the enactment date.

A valuation allowance is recorded by the Company when it is more likely than not that some portion or all of a deferred tax asset will not be realized. In making such a determination, management considers all available positive and negative evidence, including future reversals of existing taxable temporary differences, projected future taxable income, and ongoing prudent and feasible tax planning strategies in assessing the amount of the valuation allowance. When the Company establishes or reduces the valuation allowance against its deferred tax assets, its provision for income taxes will increase or decrease, respectively, in the period such determination is made.

Additionally, the Company recognizes the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities based on the technical merits of the position. The tax benefit recognized in the financial statements for a particular tax position is based on the largest benefit that is more likely than not to be realized upon settlement. Accordingly, the Company establishes reserves for uncertain tax positions. The Company has not recognized interest or penalties in its statement of operations and comprehensive loss since inception.

Recent Accounting Pronouncements

The Financial Accounting Standards Board recently issued Accounting Standards Update (ASU) 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. The amendments require management to assess an entity’s ability to continue as a going concern by incorporating and expanding upon certain principles that are currently in U.S. auditing standards. Specifically, the amendments (1) provide a definition of the term substantial doubt, (2) require an evaluation every reporting period including interim periods, (3) provide principles for considering the mitigating effect of management’s plans, (4) require certain disclosures when substantial doubt is alleviated as a result of consideration of management’s plans, (5) require an express statement and other disclosures when substantial doubt is not alleviated, and (6) require an assessment for a period of one year after the date that the financial statements are issued (or available to be issued). The amendments in this Update are effective for the annual period ending after December 15, 2016, and for annual periods and interim periods thereafter.

The Financial Accounting Standards Board recently issued ASU 2014-10, Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements, Including an Amendment to Variable Interest Entities Guidance in Topic 810, Consolidation, which eliminates the financial reporting distinction of being a development stage entity within U.S. generally accepted accounting principles. Accordingly, the ASU eliminates the incremental requirements for development stage entities to (a) present inception-to-date information in the statements of income, cash flows and shareholder’s equity, (b) label the financial statements as those of a development stage entity, (c) disclose a description of the development stage activities in which the entity is engaged and (d) disclose in the first year in which the development stage entity that in prior years it had been in the development stage. The amendments related to the elimination of inception-to-date information should be applied retrospectively. For public business entities, those amendments are effective for annual reporting periods beginning after December 15, 2014, and interim periods therein. Early application of each of these amendments is permitted for any annual reporting period or interim period for which the entity’s financials statements has not yet been issued. The Company has elected early application of these amendments in these financial statements.

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Management believes recently issued accounting pronouncements will have no impact on the financial statements of the Company.

NOTE C – GOING CONCERN

The Company's financial statements are prepared using accounting principles generally accepted in the United States of America applicable to a going concern, which contemplates the realization of assets and liquidation of liabilities in the normal course of business. However, the Company does not have significant cash or other current assets, nor does it have an established source of revenues sufficient to cover its operating costs and to allow it to continue as a going concern.

Under the going concern assumption, an entity is ordinarily viewed as continuing in business for the foreseeable future with neither the intention nor the necessity of liquidation, ceasing trading, or seeking protection from creditors pursuant to laws or regulations. Accordingly, assets and liabilities are recorded on the basis that the entity will be able to realize its assets and discharge its liabilities in the normal course of business.

The ability of the Company to continue as a going concern is dependent upon its ability to successfully accomplish the business plan and eventually attain profitable operations. The accompanying financial statements do not include any adjustments that may be necessary if the Company is unable to continue as a going concern.

During the next year, the Company’s foreseeable cash requirements will relate to continual development of the operations of its business, maintaining its good standing and making the requisite filings with the Securities and Exchange Commission, and the payment of expenses associated with research and development. The Company may experience a cash shortfall and be required to raise additional capital.

Historically, it has mostly relied upon internally generated funds and funds from the sale of shares of stock and from acquiring loans to finance its operations and growth. Management may raise additional capital through future public or private offerings of the Company’s stock or through loans from private investors, although there can be no assurance that it will be able to obtain such financing. The Company’s failure to do so could have a material and adverse effect upon it and its shareholders.

In the past year, the Company funded operations by using cash proceeds received through the issuance of common stock and proceeds from related party debt. For the coming year, the Company plans to continue to fund the Company through debt and securities sales and issuances until the company generates enough revenues through the operations as stated above.

NOTE D – TRANSACTIONS WITH RELATED PARTIES

Since inception, the Company accrued $714,120 in amounts owed to related parties for services performed or reimbursement of costs on behalf of the Company. In addition, the Company has accrued $595,000 for unpaid officers’ compensation expense in accordance with consulting agreements with our Chief Executive Officer and President. Under the terms of each consulting agreement, each consultant shall serve as an executive officer to the Company and receive monthly compensation of $35,000. The consulting agreements may be terminated by either party for breach or upon thirty days prior written notice.

On February 1, 2015, RMR, IP entered into a management services agreement with Industrial Management LLC (“IM”), to provide services to RMR, IP and affiliated entities, which include assistance in operational and administrative matters, identifying, analyzing, and structuring growth initiatives, and potential strategic acquisitions. As compensation for these services, RMR, IP will pay to IM an annual cash management fee in an amount equal to the greater of 2% of the Company’s annual gross revenues or $1,000,000, and a development fee with respect to any capital project incurred by RMR IP equal to 2% of total project costs. In addition, IM has the option to be assigned all available royalties from RMR IP’s mineral holdings, leases or interests greater than 75% of net revenue interests for all mineral rights or production of minerals. At IM’s sole discretion, it may choose to accept a preferred convertible security with a 15% dividend accruing quarterly in lieu of cash for some or all of the annual management fee, development fee and royalty assignments. Such preferred convertible securities shall be convertible into either Class A Common Stock or Class B Common Stock (as applicable) at a conversion price equal to fifty percent of the market price of the applicable Class B Common Stock on the day prior to the date of issuance. In addition, these preferred convertible securities are callable for a cash, for a period of six months following the date of issuance; provided, however, that if called, IM shall have the option to convert the called preferred stock into either Class A Common Stock or Class B Common Stock (as applicable) at a conversion price equal to sixty-six and two thirds percent of the market price of the applicable Class B Common Stock on the business day immediately preceding the issuance date of preferred stock, and will include a blocker provision. In connection with the management services agreement with IM, RMR IP entered into a registration rights agreement which requires RMR IP to register for resale any securities issued as consideration under the management services agreement. The registration rights agreements provides for both demand and piggy back registration rights, and requires that IM not transfer any shares of RMR IP during a 90 day period following the effective date of a registration statement. The registration rights agreement terminates when the shares held by IM become eligible for resale pursuant to Rule 144.

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NOTE E – INTANGIBLE ASSETS

The Company obtained an Option Agreement (“Option Agreement”) from RMR Holdings, Inc. with the Colorado School of Mines (“CSM”), which grants the Company an exclusive nine month option period to obtain an exclusive license for any patent rights owned by CSM. On August 25, 2014, CSM entered into the Option Agreement with the Company for a non-refundable fee of $30,000. Since the Company was in the process of formation, RMR Holdings, Inc. countersigned the Option Agreement with CSM on behalf of the Company. On October 15, 2014, the Company was incorporated in Nevada (Note 1) and RMR Holdings, Inc. assigned the Option Agreement to the Company. RMR Holdings, Inc. recorded amortization expense of $5,625 through October 15, 2014, which represented the elapsed time of holding the option since it was executed. The Company owed RMR Holdings, Inc. $24,375 which represented the approximate carrying value of RMR Holdings, Inc. at October 15, 2014, for an exclusive period which was initially set to expire on May 25, 2015, to evaluate CSM’s existing patent rights, technology and market potential. The Option Agreement was amended to extend the evaluation period until July 25, 2015. The Company may extend the Option Agreement for two (2) three month periods in exchange for a $3,000 extension fee per each patent or patent application. The value of the Option Agreement will be amortized on a straight-line basis over the term of the exclusivity period.

NOTE F – STOCKHOLDERS DEFICIT

Preferred Stock

The Company has authorized 50,000,000 shares of preferred stock for issuance. At June 30, 2015, no preferred stock was issued and outstanding.

Common Stock

The Company has authorized 4,000,000,000 shares of common stock for issuance, including 2,000,000,000 shares of Class A Common Stock, 2,000,000,000 shares of Class B Common Stock. At June 30, 2015, the Company had 35,785,858 and 16,144,142 shares issued and outstanding of Class A Common Stock and Class B Common Stock, respectively.

The holders of Class A Common Stock will have the right to vote on all matters on which stockholders have the right to vote. The holders of Class B Common Stock will have the right to vote solely on matters where the vote of such holders is explicitly required under Nevada law.  The holders of Class A Common Stock and Class B Common stock will have equal distribution rights, provided that distributions in securities shall be made in either identical securities or securities with similar voting characteristics.  The holders of Class A Common Stock and Class B Common Stock will be entitled to receive identical per-share consideration upon a merger, conversion or exchange of the Company with another entity, and will have equal rights upon dissolutions, liquidation or winding-up. 

NOTE G – SUBSEQUENT EVENT

On July 1, 2015, the Company filed its Form S-1 Registration Statement to issue new shares of Class B Common Stock.

53

RMR IP, INC.

9595 Wilshire Blvd., Suite 310

Beverly Hills, CA 90212

Report of Independent Registered Public Accounting Firm and

Audited Financial Statements

As of January 31, 2015 and for the period from

October 15, 2014 (inception) through January 31, 2015

54

Page
Report of Independent Registered Public Accounting Firm56
Balance Sheet57
Statement of Operations58
Statement of Stockholders’ Deficit59
Statement of Cash Flows60 
Notes to the Financial Statements61

55

REPORT OF INDEPENDENT REGISTERED INDEPENDENT AUDITORSPUBLIC ACCOUNTING FIRM



To the Board of Directors and Stockholders

of Online Yearbook:RMR IP, Inc.


We have audited the accompanying balance sheet of Online Yearbook (a Nevada corporation in the development stage)RMR IP, Inc. as of September 30, 2012,January 31, 2015, and the related statements of operations, stockholders’ equity,member’s deficit and cash flows for the period from inception (August 6, 2012)October 15, 2014 (date of inception) through September 30, 2012.January 31, 2015. These financial statements are the responsibility of the Company’sCompany's management. Our responsibility is to express an opinion on these financial statements based on our audit.


We conducted our audit in accordance with the standards of the Public Company Accounting Oversight Board (United States of America)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 is 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. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includesstatements, 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 Online Yearbook asRMR IP, Inc.as of September 30, 2012,January 31, 2015, and the results of its operations and its cash flows for the period from inception (August 6, 2012)October 15, 2014 (date of inception) through September 30, 2012,January 31, 2015 in conformity with accounting principlesU.S. generally accepted in the United States of America.accounting principles.


The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note B1 to the financial statements, the Company is in the development stage,has suffered losses, a working capital deficit, and has not established any source of revenue to cover its operating costs. As such, it has incurred an operating loss since inception. Further, as of as September 30, 2012, thenegative cash resources of the Company were insufficient to meet its planned business objectives. These and other factors raiseflows from operations. This raises substantial doubt about the Company’sCompany's ability to continue as a going concern. Management’s plan regardingManagement's plans in regard to these matters is also are described in Note B to the financial statements.1. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

Hein & Associates LLP

Respectfully submitted,Irvine, California
February 27, 2015, except for Note 2 as to which the date is May 8, 2015

 Signature

Weinberg & Baer LLC

Baltimore, Maryland

October 4, 2012


2556

RMR IP INCORPORATED

Balance Sheet

  January 31, 
  2015 
Assets    
Cash $1,767 
Current assets  1,767 
     
Intangible assets, net  12,463 
Total assets $14,230 
     
Liabilities and stockholders' equity    
Accounts payable, related parties $174,984 
Accrued liabilities, related parties  245,000 
Total liabilities  419,984 
     
Stockholders' deficit:    
Preferred stock, $0.0001 par value, 50,000,000 shares authorized and none issued and outstanding    
Class A common stock, $0.0001 par value, 100,000,000 shares authorized, 35,785,858 shares issued and outstanding  3,579 
Class B common stock, $0.0001 par value,  450,000,000 shares authorized, 8,614,142 shares issued and outstanding  861 
Common stock subscribed, not issued  (3,031)
Additional paid in capital  358 
Accumulated deficit  (407,521)
Total stockholders' deficit  (405,754)
Total liabilities and stockholders' deficit $14,230 

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

RMR IP, INCORPORATED

Statement of Operations and Comprehensive Loss

  Period from
October 15, 2014 (inception)
through January 31, 2015
 
Operating expenses:    
Selling, general, and administrative $407,521 
Loss from operations  (407,521)
Other income and expense   
Loss before income tax provision  (407,521)
Income tax provision   
Net loss and comprehensive loss $(407,521)
     
Net loss per share, basic and diluted $(0.50)
Basic and diluted weighted average shares outstanding  822,222 

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

58

RMR IP, INCORPORATED

Statement of Stockholders’ Equity

  Common Stock  Common Stock  Additional          
  Class A  Class B  Paid-in  Common Stock  Accumulated    
  Shares  Amount  Shares  Amount  Capital  Subscribed  Deficit  Total 
                         
Balance, October 15, 2014  -  $-   -  $-  $-  $-  $-  $- 
                                 
Issuance of common stock through subscription  35,785,858   3,579   8,614,142   861   358   (3,031)  -   1,767 
                                 
Net loss for the period ended January 31, 2015  -   -   -   -   -   -   (407,521)  (407,521)
                                 
Balance, January 31, 2015  35,785,858  $3,579   8,614,142  $861  $358  $(3,031) $(407,521) $(405,754)

See accompanying notes to financial statements.

59

RMR IP, INCORPORATED

Statement of Cash Flows

  Period from October 15,
2014 (inception)
through January 31,
2015
 
    
Cash flows from operating activities:    
Net loss $(407,521)
Amortization expense  11,912 
Adjustments to reconcile net loss to net cash provided by operating activities:    
Accounts payable, related parties  150,609 
Accrued liabilities, related parties  245,000 
Net cash provided by operating activities   
     
Proceeds from issuance of common stock  1,767 
Net cash provided by financing activities  1,767 
     
Net increase in cash  1,767 
Cash at beginning of period   
Cash at end of period $1,767 
     
Supplemental disclosures of cash flow information:    
Cash paid for interest $ 
Cash paid for income taxes $ 

Supplemental disclosure of non-cash transactions:

During the period ended January 31, 2015, the Company issued 26,286,201 shares of Class A and 1,390,000 shares of Class B common stock under subscription agreements valued at $3,031.

During the period ended January 31, 2015, the Company acquired an intangible asset from a related party, which has been accrued in accounts payable, related parties valued at $24,375

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

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PART I — FINANCIAL INFORMATION1. Organization and Basis of Presentation

 

Item 1.  Financial Statements
INDEX TO UNAUDITED FINANCIAL STATEMENTSPAGE
Balance Sheets at September 30, 2012F-2

Unaudited Statements of Operations for the period from inception,

August. 6, 2012 to September. 30, 2012

F-3

Unaudited Statements of Stockholders’ Deficit for the period from

inception, August. 6, 2012 to September. 30, 2012

F-4

Unaudited Statements of Cash Flows for the period from inception,

August. 6, 2012 to September. 30, 2012

F-5
Notes to Financial StatementsF-6

F-1

Online Yearbook
(A Development Stage Enterprise)
Balance Sheets
   
  Sept. 30
  2012
ASSETS
   
Current assets    
Cash $17,575 
Deferred Offering Costs $1,500 
Total current assets  19,075 
     
Total assets $19,075 
     
LIABILITIES AND STOCKHOLDERS' (DEFICIT) EQUITY    
     
Currnet liabilities    
Accounts payable $2,400 
Total liabilities (All Current)  2,400 
     
Stockholders' (Deficit) Equity    
Common Stock: $0.001 par value, 75,000,000 shares authorized, 5,200,000 shares issued and outstanding  5,200 
Additional paid in capital  20,800 
Deficit accumulated during the development stage  (9,325)
Total stockholders' (deficit) equity  16,675 
     
Total liabilities and stockholders' (deficit) equity $19,075 
     
See accompanying notes to financial statements    


F-2

Online Yearbook
(A Development Stage Enterprise)
Statement of Operations
 
  For the Period from Inception on Aug. 6, 2012 to Sept. 30, 2012
    
Revenue $—  
     
Expenses    
General and administrative  3,025 
     
Professional fees  6,300 
Total expenses  9,325 
     
Net loss $(9,325)
     
Basic and diluted loss per common share $(0.00)
     
Weighted average shares outstanding  5,200,000 
     
See accompanying notes to financial statements    


F-3

Online Yearbook
(A Development Stage Enterprise)
Statement of Changes in Stockholders' (Deficit) Equity
           
   Common Stock   Additional Paid In   Accumulated    
   Shares   Amount   Capital   Deficit   Total   
Balance, Aug. 6, 2012 (Inception)  —    $—    $—    $—    $—   
Common stock issued for cash  5,200,000   5,200   20,800   —     26,000 
                     
Net Loss, Period Sept. 30, 2012  —     —     —     (9,325)  (9,325)
Balance, Sept. 30. 2012  5,200,000   5,200   20,800   (9,325)  16,675 
                     
                     
See accompanying notes to financial statements

F-4

Online Yearbook
(A Development Stage Enterprise)
Statements of Cash Flows

 For the Peroid from Aug. 6, 2012 (Inception) to Sept. 30, 2012
  
  
Cash flows from operating activities   
Net loss$(9,325)
Adjustments to reconcile net income to net   
cash used by operating activities   
Deferred offering costs (1,500)
Accounts payable 2,400 
Net cash used in operating activities (8,425)
    
Cash flows from investing activities —   
    
Cash flows from financing activities   
Proceeds from sale of stock 26,000 
Net cash provided by financing activities 26,000 
    
Net change in cash 17,575 
    
Cash at beginning of period —   
    
Cash at end of period$17,575 
    
    
    
    
Supplemental cash flow Information:   
Cash paid for interest$—   
Cash paid for income taxes$—   
    
See accompanying notes to financial statements   


F-5

ONLINE YEARBOOK

(A Development Stage Company)

NOTES TO FINANCIAL STATEMENTS

ForRMR IP (the “Company”) was incorporated on October 15, 2014 as a Nevada corporation. RMR IP was formed to acquire and consolidate complimentary industrial commodity assets through capitalizing on the Inception Period from August 6, 2012volatile oil market, down cycles in commodity markets, and other ancillary opportunities. Typically these assets are the core manufacturer and supplier of specific bulk commodity minerals, chemicals and petrochemicals distributed to September 30, 2012the global manufacturing industry. The Company’s consolidation strategy is to assemble a portfolio of mature and value-add industrial commodities businesses to generate scalable enterprises with a large portfolio of products and services addressing a common and stable customer base. The Company is focused on managing the supply chain in order to offer a large and diverse set of products and services.

 


NOTE A – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES


A summaryThe cash flows generated by the businesses that we will operate will provide us with the ability to pursue further acquisitions in order to build on our existing segments, or to establish a new business platform for future growth. We plan to employ a disciplined approach to identify and evaluate potential acquisitions, only pursuing those that meet our financial and strategic criteria. We believe our discipline throughout the acquisition process will maximize the chances of significant accounting policieslong-term success. At January 31, 2015, the Company had cash of Online Yearbook (A Development Stage Company) (the Company)$1,767, and a working capital deficit of $418,217. Successful transition to attaining profitable operations is presenteddependent upon achieving a level of revenues adequate to assist in understandingsupport the Company’s cost structure.

The Company’s net loss and working capital deficit raise substantial doubt about the Company’s ability to continue as a going concern. The accompanying financial statements. The accounting policies presented in these footnotes conform to accounting principles generally acceptedstatements have been prepared on a going-concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the United Statesnormal course of America and have been consistently applied inbusiness. The financial statements for the preparationperiod from October 15, 2014 (inception) through January 31, 2015 do not include any adjustments to reflect the possible future effects of the accompanying financial statements. These financial statementsrecoverability and notes are representationsclassification of assets or the amounts and classification of liabilities that may result from uncertainty related to the Company’s management who are responsible for their integrity and objectivity. ability to continue as a going concern. The Company may never become profitable, or if it does, it may not be able to sustain profitability on a recurring basis.

2. Restatement

The Company has not realized revenuesrestated its previously issued Statement of Cash Flows for the period from its planned principal business purpose and is consideredOctober 15, 2014 (inception) through January 31, 2015 to becorrect for an error in its development stagepresentation of a non-cash acquisition of an intangible asset. The Company restated its acquisition of an intangible asset of $24,375 as a non-cash transaction with a related party. The effect of the correction resulted in accordance with ASC 915, “Development Stage Entities”, formerly known as SFAS 7, “a reduction in cash flows provided by operating activities and removal of cash used in investing activities. The change in presentation had no effect on the Balance Sheet, Statement of Operations and Comprehensive Loss or Statement of Shareholders’ Equity.

3. Summary of Significant Accounting and Reporting by Development Stage Enterprises.”Policies


Organization, Nature of Business and Trade Name


Online Yearbook (the Company) was incorporated in the State of Nevada on August 6, 2012. Online Yearbook is a development stage company with the principal business objective of developing and marketing an online yearbook.


Basis of Presentation


The preparation ofaccompanying combined financial statements have been prepared in conformityaccordance with accounting principles generally accepted in the United States of America, or GAAP.

Use of Estimates

The preparation of financial statements in conformity with GAAP requires management to make estimates, judgments, and assumptions that affectimpact the reported amounts of assets, liabilities, and expenses, and disclosure of contingent assets and liabilities at the date ofin the financial statements and the reported amounts of revenue and expenses during the reported period.accompanying notes. Actual results could materially differ from those estimates. Management further acknowledgesconsiders many factors in selecting appropriate financial accounting policies and controls, and in developing the estimates and assumptions that it is solely responsible for adopting sound accounting practices, establishing and maintaining a system of internal accounting control and preventing and detecting fraud. The Company’s system of internal accounting control is designed to assure, among other items, that (1) recorded transactions are valid; (2) all valid transactions are recorded and (3) transactions are recordedused in the periodpreparation of these financial statements. Management must apply significant judgment in this process. In addition, other factors may affect estimates, including: expected business and operational changes, sensitivity and volatility associated with the assumptions used in developing estimates, and whether historical trends are expected to be representative of future trends. The estimation process may yield a timely manner to produce financial statements which present fairlyrange of potentially reasonable estimates of the ultimate future outcomes and management must select an amount that falls within that range of reasonable estimates. Although these estimates are based on the Company’s knowledge of current events and actions it may undertake in the future, actual results may ultimately materially differ from those estimated amounts and assumptions used in the preparation of the financial condition, resultsstatements.

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Segment Reporting

Operating segments are identified as components of an enterprise about which separate discrete financial information is available for evaluation by the chief operating decision-maker in making decisions regarding resource allocation and assessing performance. The Company views its operations and manages its business as one operating segment.

Cash and Cash Equivalents

The Company considers all highly liquid securities with original maturities of three months or less at the date of purchase to be cash flowsequivalents. As of January 31, 2015, the Company had cash of $1,767 and no cash equivalents. The Company occasionally maintains cash balances in excess of amounts insured by the Federal Deposit Insurance Corporation (“FDIC”). The amounts are held with major financial institutions and are monitored by management to mitigate credit risk.

Intangible Assets

Intangible assets are stated at cost and consist of an option contract. Amortization is computed on the straight-line method over the estimated useful or contractual life of these assets, whichever is shorter. Intangible assets consist of the companyfollowing:

  January 31, 2015 
    
Option Contract $24,375 
Accumulated Amortization  (11,912)
     
Option Contract, Net $12,463 

Impairment of Long-Lived Assets

The Company evaluates long-lived assets for impairment whenever events or changes in circumstances indicate the respective periods being presented.carrying value may not be recoverable. Factors considered include:

Property and Equipment


Property and equipment are carried at cost. Expenditures for maintenance and repairs are charged against operations. Renewals and betterments that materially extend the life of the assets are capitalized. When assets are retired or otherwise disposed of, the cost and related accumulated depreciation are removed from the accounts, and any resulting gain or loss is reflected in income for the period.


Depreciation is computed for financial statement purposes on a straight-line basis over estimated useful lives of the related assets. The estimated useful lives of depreciable assets are:


 EstimatedSignificant changes in the operational performance or manner of use of acquired assets or the strategy for our overall business,
  Useful Lives
Office EquipmentSignificant negative market conditions or economic trends, and
 5-10 years
Copier5-7   years
Vehicles5-10 yearsSignificant technological changes or legal factors which may render the asset obsolete.


F-6



Property and Equipment (Continued)


For federal income tax purposes, depreciation is computed under the modified accelerated cost recovery system. For financial statements purposes, depreciation is computed under the straight-line method.


The Company has been inevaluated long-lived assets based upon an estimate of future undiscounted cash flows. Recoverability of these assets is measured by comparing the developmental stage since inceptioncarrying value to the future net undiscounted cash flows expected to be generated by the asset. An impairment loss is recognized when the carrying value exceeds the undiscounted future cash flows estimated to result from the use and has no operation to date.eventual disposition of the asset. Future net undiscounted cash flows include estimates of future revenues and expenses which are based on projected growth rates. The Company currently does not have any property and equipment. The above accounting policies will be adoptedcontinually uses judgment when applying these impairment rules to determine the Company maintains property and equipment.


Cash and Cash Equivalents


For purposestiming of the statement ofimpairment tests, the undiscounted cash flows used to assess impairments and the Company considers all short-term debt securities purchased with maturityfair value of three months or less to be cash equivalents.a potentially impaired asset.

62

Fair Value Measurements

 

Revenue and Cost Recognition


The Company has been in the developmental stage since inception and has no revenue to date. The Company currently does not have a means for generating revenue. Revenue and Cost Recognition procedures will be implemented based on the type of properties required and sale contract specifications.


Fair Value of Financial Instruments


The Company applies fair value accounting for allof a financial assets and liabilities and non-financial assets and liabilitiesinstrument is the amount that are recognized or disclosed at fair value in the financial statements on a recurring basis. The Company defines fair value as the price that wouldcould be received from sellingupon the sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. When determiningFinancial assets are marked to bid prices and financial liabilities are marked to offer prices. Fair value measurements do not include transaction costs. A fair value hierarchy is used to prioritize the quality and reliability of the information used to determine fair values. Categorization within the fair value measurements for assets and liabilities, which are required to be recorded at fair value, the Company considers the principal or most advantageous market in which the Company would transact and the market-based risk measurements or assumptions that market participants would use in pricing the asset or liability, such as risks inherent in valuation techniques, transfer restrictions and credit risk. Fair valuehierarchy is estimated by applying the following hierarchy, which prioritizes the inputs used to measure fair value into three levels and bases the categorization within the hierarchy uponbased on the lowest level of input that is available and significant to the fair value measurement:measurement. The fair value hierarchy is defined into the following three categories:

- Level 11: Quoted market prices in active markets for identical assets or liabilities.liabilities


- Level 2: Observable market-based inputs or inputs that are corroborated by market data

- Level 3: Unobservable inputs that are not corroborated by market data

Level 2Net Loss per Common Share– Observable inputs

Basic net loss per common share is calculated by dividing the net loss attributable to common stockholders by the weighted average number of common shares outstanding during the period, without consideration for the potentially dilutive effects of converting stock options or restricted stock purchase rights outstanding. Diluted net loss per common share is calculated by dividing the net loss attributable to common stockholders by the weighted average number of common shares outstanding during the period and the potential dilutive effects of stock options or restricted stock purchase rights outstanding during the period determined using the treasury stock method. There are no such anti-dilutive common share equivalents outstanding as January 31, 2015 which were excluded from the calculation of diluted loss per common share.

Income Taxes

The Company accounts for income taxes under the asset and liability method, which requires, among other than quoted prices in active marketsthings, that deferred income taxes be provided for identicaltemporary differences between the tax bases of the Company's assets and liabilities quoted prices for identical or similarand their financial statement reported amounts. Under this method, deferred tax assets orand liabilities in inactive markets, or other inputs that are observable or can be corroborated by observable market data for substantiallydetermined on the full termbasis of the differences between the financial statements and tax basis of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. The effect of a change in tax rates on deferred tax assets and liabilities is recognized in income in the period that includes the enactment date.

A valuation allowance is recorded by the Company when it is more likely than not that some portion or liabilities.all of a deferred tax asset will not be realized. In making such a determination, management considers all available positive and negative evidence, including future reversals of existing taxable temporary differences, projected future taxable income, and ongoing prudent and feasible tax planning strategies in assessing the amount of the valuation allowance. When the Company establishes or reduces the valuation allowance against its deferred tax assets, its provision for income taxes will increase or decrease, respectively, in the period such determination is made.


Level 3– InputsAdditionally, the Company recognizes the tax benefit from an uncertain tax position only if it is more likely than not that are generally unobservable and typically reflect management’s estimatethe tax position will be sustained on examination by the taxing authorities based on the technical merits of assumptionsthe position. The tax benefit recognized in the financial statements for a particular tax position is based on the largest benefit that market participants would use in pricingis more likely than not to be realized upon settlement. Accordingly, the asset or liability.


F-7


In accordance with the fair value accounting requirements, companies may choose to measure eligible financial instruments and certain other items at fair value.Company establishes reserves for uncertain tax positions. The Company has not elected the fair value option for any eligible financial instruments.recognized interest or penalties in its statement of operations and comprehensive loss since inception.


AdvertisingRecent Accounting Pronouncements


Advertising expenses are recorded as general and administrative expenses when they are incurred.


Use of Estimates


The preparation of financial statements in accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.  A change in managements’ estimates or assumptions could have a material impact on Online Yearbook’s financial condition and results of operations during the period in which such changes occurred. Actual results could differ from those estimates. Online Yearbook’s financial statements reflect all adjustments that management believes are necessary for the fair presentation of their financial condition and results of operations for the periods presented.


Capital Stock


The Company has authorized seventy-five million (75,000,000) shares of common stock with a par value of $0.001. There were five million two hundred thousand (5,200,000) shares of common stock issued and outstanding as of September 30, 2012.


Income Taxes


The Company recognizes the tax effects of transactions in the year in which such transactions enter into the determination of net income, regardless of when reported for tax purposes.


Recently IssuedFinancial Accounting Pronouncements

In May 2011, the FASB issued ASU No. 2011-04, “Fair Value Measurement (Topic 820): Amendments to Achieve common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs” (“ASU 2011-04”). This newly issued accounting standard clarifies the application of certain existing fair value measurement guidance and expands the disclosures for fair value measurements that are estimated using significant unobservable (Level 3) inputs. This ASU is effective on a prospective basis for annual and interim reporting periods beginning on or after December 15, 2011.  

In June 2011, the FASBStandards Board recently issued Accounting Standards Update (ASU) No. 2011-05,2014-15, Presentation of Comprehensive Income (ASU 2011-05)Financial Statements - Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern. The amendments require management to assess an entity’s ability to continue as a going concern by incorporating and expanding upon certain principles that are currently in U.S. auditing standards. Specifically, the amendments (1) provide a definition of the term substantial doubt, (2) require an evaluation every reporting period including interim periods, (3) provide principles for considering the mitigating effect of management’s plans, (4) require certain disclosures when substantial doubt is alleviated as a result of consideration of management’s plans, (5) require an express statement and other disclosures when substantial doubt is not alleviated, and (6) require an assessment for a period of one year after the date that the financial statements are issued (or available to be issued). The amendments in this Update are effective for the annual period ending after December 15, 2016, and for annual periods and interim periods thereafter.

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The Financial Accounting Standards Board recently issued ASU 2011-05 requires2014-10, Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements, Including an Amendment to Variable Interest Entities Guidance in Topic 810, Consolidation, which eliminates the financial reporting distinction of being a development stage entity within U.S. generally accepted accounting principles. Accordingly, the ASU eliminates the incremental requirements for development stage entities to report components(a) present inception-to-date information in the statements of comprehensive income, cash flows and shareholder’s equity, (b) label the financial statements as those of a development stage entity, (c) disclose a description of the development stage activities in either a continuous statement of comprehensive income or two separate but consecutive statements. Underwhich the continuous statement approach, the statement would include the componentsentity is engaged and total of net income, the components and total of other comprehensive income and the total of comprehensive income. Under the two statement approach,(d) disclose in the first statement would includeyear in which the components and totaldevelopment stage entity that in prior years it had been in the development stage. The amendments related to the elimination of net income and the second statement would include the components and total of other comprehensive income and the total of comprehensive income. Comprehensive income may no longerinception-to-date information should be presented only within the consolidated statement of stockholders' equity. ASU 2011-05 does not change the items that must be reported in other comprehensive income. ASU 2011-05 isapplied retrospectively. For public business entities, those amendments are effective retrospectively for interim and annual reporting periods beginning after December 15, 2011, with2014, and interim periods therein. Early application of each of these amendments is permitted for any annual reporting period or interim period for which the entity’s financials statements has not yet been issued. The Company has elected early adoption permitted.application of these amendments in these financial statements.

F-8

Management believes recently issued accounting pronouncements will have no impact on the financial statements of the Company.


NOTE B – GOING CONCERN4. Transactions with Related Parties


Since inception, the Company accrued $174,984 in amounts owed to related parties for services performed or reimbursement of costs on behalf of the Company. In addition, the Company has accrued $245,000 for unpaid officers’ compensation expense in accordance with consulting agreements with our Chief Executive Officer and President. Under the terms of each consulting agreement, each consultant shall serve as an executive officer to the Company and receive monthly compensation of $35,000. The consulting agreements may be terminated by either party for breach or upon thirty days prior written notice.

5. Intangible Assets

The Company's financial statements are prepared using accounting principles generally acceptedCompany obtained an Option Agreement (“Option Agreement”) from RMR Holdings, Inc. with the Colorado School of Mines (“CSM”), which grants the Company an exclusive nine month option period to obtain an exclusive license for any patent rights owned by CSM. On August 25, 2014, CSM entered into the Option Agreement with the Company for a non-refundable fee of $30,000. Since the Company was in the United Statesprocess of America applicable to a going concern, which contemplatesformation, RMR Holdings, Inc. countersigned the realizationOption Agreement with CSM on behalf of assets and liquidation of liabilities in the normal course of business. However,Company. On October 15, 2014, the Company does not have significant cashwas incorporated in Nevada (Note 1) and was prepared to accept the Option Agreement. RMR Holdings, Inc. recorded amortization expense of $5,625 through October 15, 2014, which represented the elapsed time of holding the option since it was executed. The Company owed RMR Holdings, Inc. $24,375 which represented the approximate carrying value of RMR Holdings, Inc. at October 15, 2014, for an exclusive period which expires on May 25, 2015, to evaluate CSM’s existing patent rights, technology and market potential. The Company may extend the Option Agreement for two (2) three month periods in exchange for a $3,000 extension fee per each patent or other current assets, nor does it have an established sourcepatent application. The value of revenues sufficient to cover its operating costs and to allow it to continue as a going concern.

Under the going concern assumption, an entity is ordinarily viewed as continuing in business for the foreseeable future with neither the intention nor the necessity of liquidation, ceasing trading, or seeking protection from creditors pursuant to laws or regulations. Accordingly, assets and liabilities are recorded on the basis that the entityOption Agreement will be able to realize its assets and discharge its liabilities inamortized on a straight-line basis over the normal courseterm of business.the exclusivity period.

6. Stockholders' Deficit

Preferred Stock

The abilityCompany has authorized 50,000,000 shares of preferred stock for issuance. At January 31, 2015, no preferred stock was issued and outstanding.

64

Common Stock

The Company has authorized 600,000,000 shares of capital stock for issuance, including 100,000,000 shares of Class A Common Stock, 450,000,000 shares of Class B Common Stock and 50,000,000 shares of Preferred Stock. At January 31, 2015, the Company had 35,785,858 and 8,612,142 shares issued and outstanding of Class A Common Stock and Class B Common Stock, respectively.

The holders of Class A Common Stock will have the right to vote on all matters on which stockholders have the right to vote. The holders of Class B Common Stock will have the right to vote solely on matters where the vote of such holders is explicitly required under Nevada law.  The holders of Class A Common Stock and Class B Common stock will have equal distribution rights, provided that distributions in securities shall be made in either identical securities or securities with similar voting characteristics.  The holders of Class A Common Stock and Class B Common Stock will be entitled to receive identical per-share consideration upon a merger, conversion or exchange of the Company to continue as a going concern is dependentwith another entity, and will have equal rights upon its ability to successfully accomplish the business plan and eventually attain profitable operations. The accompanying financial statements do not include any adjustments that may be necessary if the Company is unable to continue as a going concern.dissolutions, liquidation or winding-up. 

Common Stock Subscription

During the next year, the Company’s foreseeable cash requirements will relate to continual development of the operations of its business, maintaining its good standing and making the requisite filings with the Securities and Exchange Commission, and the payment of expenses associated with research and development. The Company may experience a cash shortfall and be required to raise additional capital.

Historically, it has mostly relied upon internally generated funds and funds from the sale of shares of stock and from acquiring loans to finance its operations and growth. Management may raise additional capital through future public or private offerings of the Company’s stock or through loans from private investors, although there can be no assurance that it will be able to obtain such financing. The Company’s failure to do so could have a material and adverse affect upon it and its shareholders.

In the past year,period ended January 31, 2015, the Company funded operations by using cash proceeds received through related party loans and the issuanceissued 27,676,201 shares for stock subscriptions receivable of common stock. For the coming year, the Company plans$3,030 in accordance with subscription agreements executed prior to continue to fund the Company through debt and securities sales and issuances until the company generates enough revenues through the operations as stated above.

NOTE C – COMMON STOCK


On or about August 6, 2012, Salah Blal and El Maraana each purchased 2,600,000 common shareJanuary 31, 2015. As of the company’s common stock for $13,000 each or $0.005 per share.

NOTE D – SUBSEQUENT EVENT


The Company evaluated all events or transactions that occurred after September 30, 2012 through the date of this filing. report, the subscriptions receivable had not been satisfied through the receipt of cash for shares issued.

7. Income Taxes

There is no provision for income taxes because the Company has incurred operating losses since inception. At January 31, 2015, the Company has concluded that it is more likely than not that the Company may not realize the benefit of its deferred tax assets due to losses generated and uncertainties surrounding its ability to generate future taxable income. Accordingly, the net deferred tax assets have been fully reserved.

Net deferred tax assets consist of the following components:

  January 31,
2015
 
Deferred tax asset:    
Net operating loss carryforwards $(142,632)
Valuation allowance  142,632 
Net deferred tax asset $- 

The income tax provision differs from the amount of income tax determined by applying the U.S. federal and state income statutory tax rates to pretax income (loss) from continuing operations as follows:

  January 31,
2015
 
    
Tax benefit at statutory rates $(142,632)
Change in valuation allowance  142,632 
Net provision for income taxes $- 

The Company determinedhas accumulated net operating loss carryovers of approximately $407,521 as of January 31, 2015 which are available to reduce future taxable income.  Due to the change in ownership provisions of the Tax Reform Act of 1986, net operating loss carry forwards for federal income tax reporting purposes may be subject to annual limitations. A change in ownership may limit the utilization of the net operating loss carry forwards in future years. The tax losses begin to expire in 2033.

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8. Subsequent Events

On February 1, 2015, RMR, IP entered into a management services agreement with Industrial Management LLC (“IM”), to provide services to RMR, IP and affiliated entities, which include assistance in operational and administrative matters, identifying, analyzing, and structuring growth initiatives, and potential strategic acquisitions. As compensation for these services, RMR, IP will pay to IM an annual cash management fee in an amount equal to the greater of 2% of the Company’s annual gross revenues or $1,000,000, and a development fee with respect to any capital project incurred by RMR IP equal to 2% of total project costs. In addition, IM has the option to be assigned all available royalties from RMR IP’s mineral holdings, leases or interests greater than 75% of net revenue interests for all mineral rights or production of minerals. At IM’s sole discretion, it may choose to accept a preferred convertible security with a 15% dividend accruing quarterly in lieu of cash for some or all of the annual management fee, development fee and royalty assignments. Such preferred convertible securities shall be convertible into either Class A Common Stock or Class B Common Stock (as applicable) at a conversion price equal to fifty percent of the market price of the applicable Class B Common Stock on the day prior to the date of issuance. In addition, these preferred convertible securities are callable for a cash, for a period of six months following the date of issuance; provided, however, that it does notif called, IM shall have the option to convert the called preferred stock into either Class A Common Stock or Class B Common Stock (as applicable) at a conversion price equal to sixty-six and two thirds percent of the market price of the applicable Class B Common Stock on the business day immediately preceding the issuance date of preferred stock, and will include a blocker provision. In connection with the management services agreement with IM, RMR IP entered into a registration rights agreement which requires RMR IP to register for resale any other subsequent event requiring recording or disclosuresecurities issued as consideration under the management services agreement.

On February 27, 2015 (the “Closing Date”), the Company RMR Industrials, Inc. (“RMRI”), a Nevada corporation, entered into and consummated a merger transaction pursuant to an Agreement and Plan of Merger dated February 27, 2015 (the “Merger Agreement”) by and among the Company, RMR Industrials, Inc. (“RMRI”), a Nevada corporation and OLYB Acquisition Corporation, a Nevada corporation and wholly owned subsidiary of RMRI (“Merger Sub”). In accordance with the terms of Merger Agreement, on the Closing Date, Merger Sub merged with and into the Company (the “Merger”), with the Company surviving the Merger as our wholly owned subsidiary. The Merger Agreement is among entities under common control and includes customary representations, warranties and covenants made by the Company, Merger Sub and RMR IP as of specific dates. For financial reporting purposes, the Merger represents a “reverse merger” rather than a business combination and the Company is deemed to be the accounting acquirer in the financial statements fortransaction.

On February 26, 2015, the period ended September 30, 2012.

Company’s 2015 Equity Incentive Plan (the “Plan”) has been approved and adopted by the Company.

  

F-966

PART II

INFORMATION NOT REQUIRED IN THE PROSPECTUS

Item

ITEM 13. Other Expenses of Issuance and Distribution.OTHER EXPENSES OF ISSUANCE AND DISTRIBUTION

The following table sets forth

Securities and Exchange Commission Registration Fee $

1,830.15

 
Transfer/Edgar Agent Fees $10,000 
Accounting Fees and Expenses $5,000 
Registrant Legal Fees $150,000 
Total $

166,830.15

 

All amounts are estimates other than the Commission’s registration fee. We are paying all expenses expected to be incurred in connection with the issuance and distribution of the securities being registered.offering listed above.

SEC Registration $6.00 
Legal Fees and Expenses* $6,500.00 
Accounting Fees* $3,500.00 
Miscellaneous* $494.00 
Total $10,500.00 

* Estimated.

Item

ITEM 14. Indemnification of Directors and Officers.INDEMNIFICATION OF DIRECTORS AND OFFICERS

Article XI, Section 43 of our bylaws contains provisions which require that the company indemnify its officers, directors, employees and agents, in substantially the same language as

Nevada Law

Section 78.7502 of the Nevada Revised Statutes. Article 12Statutes (“NRS”) permits a corporation to indemnify any person who was or is a party or is threatened to be made a party to any threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative or investigative, except an action by or in the right of the Companyscorporation, by reason of the fact that he is or was a director, officer, employee or agent of the corporation, or is or was serving at the request of the corporation as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise, against expenses, including attorneys’ fees, judgments, fines and amounts paid in settlement actually and reasonably incurred by him in connection with the action, suit or proceeding if he:

(a)is not liable pursuant to NRS 78.138, or

(b)acted in good faith and in a manner which 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, had no reasonable cause to believe his conduct was unlawful.

In addition, NRS 78.7502 permits a corporation to indemnify any person who was or is a party or is threatened to be made a party to any threatened, pending or completed action or suit by or in the right of the corporation to procure a judgment in its favor by reason of the fact that he is or was a director, officer, employee or agent of the corporation, or is or was serving at the request of the corporation as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise against expenses, including amounts paid in settlement and attorneys’ fees actually and reasonably incurred by him in connection with the defense or settlement of the action or suit if he:

(a)is not liable pursuant to NRS 78.138; or
(b)acted in good faith and in a manner which he reasonably believed to be in or not opposed to the best interests of the corporation.

To the extent that a director, officer, employee or agent of a corporation has been successful on the merits or otherwise in defense of any action, suit or proceeding referred to above, or in defense of any claim, issue or matter, the corporation is required to indemnify him against expenses, including attorneys’ fees, actually and reasonably incurred by him in connection with the defense.

NRS 78.752 allows a corporation to purchase and maintain insurance or make other financial arrangements on behalf of any person who is or was a director, officer, employee or agent of the corporation or is or was serving at the request of the corporation as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise for any liability asserted against him and liability and expenses incurred by him in his capacity as a director, officer, employee or agent, or arising out of his status as such, whether or not the corporation has the authority to indemnify him against such liability and expenses.

67

Other financial arrangements made by the corporation pursuant to NRS 78.752 may include the following:

(a)the creation of a trust fund;
(b)the establishment of a program of self-insurance;
(c)the securing of its obligation of indemnification by granting a security interest or other lien on any assets of the corporation; and
(d)the establishment of a letter of credit, guaranty or surety.

No financial arrangement made pursuant to NRS 78.752 may provide protection for a person adjudged by a court of competent jurisdiction, after exhaustion of all appeals, to be liable for intentional misconduct, fraud or a knowing violation of law, except with respect to the advancement of expenses or indemnification ordered by a court.

Any discretionary indemnification pursuant to NRS 78.7502, unless ordered by a court or advanced pursuant to an undertaking to repay the amount if it is determined by a court that the indemnified party is not entitled to be indemnified by the corporation, may be made by the corporation only as authorized in the specific case upon a determination that indemnification of the director, officer, employee or agent is proper in the circumstances. The determination must be made:

(a)by the shareholders;
(b)by the board of directors by majority vote of a quorum consisting of directors who were not parties to the action, suit or proceeding;
(c)if a majority vote of a quorum consisting of directors who were not parties to the action, suit or proceeding so orders, by independent legal counsel in a written opinion, or
(d)if a quorum consisting of directors who were not parties to the action, suit or proceeding cannot be obtained, by independent legal counsel in a written opinion.

Charter Provisions and Other Arrangements of the Registrant

Pursuant to the provisions of the NRS, we have adopted the following provisions in our Amended and Restated Articles of Incorporation providesand our Amended and Restated Bylaws for our directors and officers:

Articles of Incorporation

Indemnification; Payment of Expenses. To the Company’s ability to indemnify it’s officers, directors, employees and agents, subjectfullest extent permitted under the NRS (including, without limitation, to the limitationsfullest extent permitted under NRS 78.7502 and 78.751(3)) and other applicable law, the Corporation shall indemnify directors and officers of the Corporation in their respective capacities as such and in any and all other capacities in which any of them serves at the request of the Corporation. In addition to any other rights of indemnification permitted by the laws of the State of Nevada or as may be provided for by the Corporation in Nevada Revised Statutes 78.7502, forthe Bylaws or by agreement, the expenses actuallyof directors and reasonably incurred. No indemnificationofficers incurred in defending a civil or criminal action, suit or proceeding, involving alleged acts or omissions of such director or officer in his or her capacity as a director or officer of the Corporation, must be paid, by the Corporation or through insurance purchased and maintained by the Corporation or through other financial arrangements made by the Corporation, as they are incurred and in advance of the final disposition of the action, suit or proceeding, upon receipt of an undertaking by or on behalf of the director or officer to repay the amount if it is ultimately determined by a court of competent jurisdiction that he or she is not entitled to be indemnified by the Corporation.

Limitation on Liability. The liability of directors and officers of the Corporation shall be eliminated or limited to the fullest extent permitted by the NRS. If the NRS are amended to further eliminate or limit or authorize corporate action to further eliminate or limit the liability of directors or officers, the liability of directors and officers of the Corporation shall be eliminated or limited to the fullest extent permitted by the NRS, as so amended from time to time.

68

Bylaws

For purposes of this Article, (A) “Indemnitee” shall mean each director or officer who was or is a party to, or is threatened to be made ifa party to, or is otherwise involved in, any Proceeding (as hereinafter defined), by reason of the proposed partyfact that he or she is or was a director, officer, employee or agent (including, without limitation, as a trustee, fiduciary, administrator or manager) of the Corporation or any predecessor entity thereof, or is or was serving in any capacity at the request of the Corporation as a director, officer, employee or agent (including, without limitation, as a trustee, fiduciary, administrator, partner, member or manager) of, or in any other capacity for, another corporation or any partnership, joint venture, limited liability company, trust, or other enterprise; and (B) “Proceeding” shall mean any threatened, pending, or completed action, suit or proceeding (including, without limitation, an action, suit or proceeding by or in the right of the Corporation), whether civil, criminal, administrative, or investigative.

(ii)                Each Indemnitee shall be indemnified and held harmless by the Corporation to the fullest extent permitted by the laws of the State of Nevada, against all expense, liability and loss (including, without limitation, attorneys’ fees, judgments, fines, taxes, penalties, and amounts paid or to be paid in settlement) reasonably incurred or suffered by the Indemnitee in connection with any Proceeding; provided that such Indemnitee either is not liable pursuant to NRS 78.138 or acted in good faith and in a manner such Indemnitee reasonably believed to be in or not opposed to the best interests of the Corporation and, with respect to any Proceeding that is criminal in nature, had no reasonable cause to believe that his or her conduct was unlawful. The termination of any Proceeding by judgment, order, settlement, conviction or upon a plea of nolo contendere or its equivalent, does not, of itself, create a presumption that the Indemnitee is liable pursuant to NRS 78.138 or did not act in good faith and in a manner in which he or she reasonably believed to be in or not opposed to the best interests of the Corporation, or that, with respect to any criminal proceeding he or she had reasonable cause to believe that his or her conduct was unlawful. The Corporation shall not indemnify an Indemnitee for any claim, issue or matter as to which the Indemnitee has been adjudged by a court of competent jurisdiction, after exhaustion of all appeals therefrom, to be liable to the Corporation or for any amounts paid in settlement to the Corporation, unless and only to the extent that the court in which the Proceeding was brought or other court of competent jurisdiction determines upon application that in view of all the circumstances of the case, the Indemnitee is fairly and reasonably entitled to indemnity for such amounts as the court deems proper. Except as so ordered by a court and for advancement of expenses pursuant to this Section, indemnification may not be made to or on behalf of an Indemnitee if a final adjudication establishes that his or her acts or omissions involved intentional misconduct, fraud or a knowing violation of law and was material to the cause of action. Notwithstanding anything to the contrary contained in these Bylaws, no director or officer may be indemnified for expenses incurred in defending any threatened, pending, or completed action, suit or proceeding (including without limitation, an action, suit or proceeding by or in the right of the Corporation), whether civil, criminal, administrative or investigative, that such director or officer incurred in his or her capacity as a stockholder.

(iii)                Indemnification pursuant to this Section shall continue as to an Indemnitee who has ceased to be a director or officer of the Corporation or who has ceased to serve, at the request of the Corporation, as a director, officer, employee, agent, trustee, fiduciary, administrator, partner, member or manager of, or in any other capacity for, another corporation or any partnership, joint venture, limited liability company, trust, or whereother enterprise, and such indemnification shall inure to the matter was settled without court approval. Indemnificationbenefit of such Indemnitee’s heirs, executors and administrators.

(iv)                The expenses of Indemnitees must be paid by the Corporation or through insurance purchased and maintained by the Corporation or through other financial arrangements made upon a determination by a majoritythe Corporation, as such expenses are incurred and in advance of the uninterested Board, andfinal disposition of the Proceeding, upon receipt of an undertaking by or on behalf of such Indemnitee to repay the amount if not available, by the shareholders orit is ultimately determined by a court of competent jurisdiction.jurisdiction that he or she is not entitled to be indemnified by the Corporation. To the extent that an Indemnitee is successful on the merits or otherwise in defense of any Proceeding, or in the defense of any claim, issue or matter therein, the Corporation shall indemnify him or her against expenses, including attorneys’ fees, actually and reasonably incurred in by him or her in connection with the defense.

69

Insofar as indemnification for liabilities arising under the Securities Act, may be permitted to directors, officers and controlling persons of our company under Nevada law or otherwise, we have been advised the opinion of the Securities and Exchange Commission is that such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable.  In the event a claim for indemnification against such liabilities (other than payment by us for expenses incurred or paid by a director, officer or controlling person of our company in successful defense of any action, suit, or proceeding) is asserted by a director, officer or controlling person in connection with the securities being registered, we will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction, the question of whether such indemnification by it is against public policy in the Securities Act and will be governed by the final adjudication of such issue.

Item

ITEM 15. Recent Sales of Unregistered SecuritiesRECENT SALES OF UNREGISTERED SECURITIES

During August 2012,

On February 27, 2015, we issued a totalan aggregate of 5,200,00035,785,858 shares of Class A Common Stock and an aggregate of 16,144,142 shares of Class B Common Stock to our two officers and directors. the shareholders of RMR IP as consideration for the Merger.

The issuancesissuance of the shares of Class A Common Stock and Class B Common Stock pursuant to the investors wereMerger Agreement was exempt from registration under Section 4(2)in reliance upon Regulation D of the Securities Act as the investors are “accredited investors,” as such term is defined in Rule 501(a) under the Securities Act, such determination based upon representations made by such investors.

On August 27, 2015, we issued an aggregate of 1933 as there was no general solicitation and both holders had complete knowledge26,252 shares of Class B Common Stock to certain investors.

The issuance of the company being its only officers and director.shares was exempt from registration in reliance upon the exemption under section 4(a)(2) of the Securities Act.

Item

ITEM 16. Exhibits.EXHIBITS

The following exhibits are included as part of this registration statement on Form S-1 by reference:

 

(b)Exhibits

Exhibit
Number
 
NumberExhibit Description
   
3.12.1 ArticlesAgreement and Plan of Incorporation of Online YearbookMerger, dated August 6, 2012February 27, 2015, between RMR Industrials, Inc., OLYB Acquisition Corporation and RMR IP, Inc. (incorporated by reference to our Current Report on Form 8-K/A filed on April 14, 2015)
   
3.23.1 Bylaws dated August 7, 2012Amended and Restated Articles of Incorporation (incorporated by reference to our Current Report on Form 8-K/A filed on April 14, 2015)
   
3.2

Amended and Restated Bylaws (incorporated by reference to our Current Report on Form 8-K filed on February 27, 2015). 

  
5.14.1 

Form of Warrant (incorporated by reference to our Amendment No. 4 to the Registration Statement on Form S-1 filed on October 8, 2015).

5.1* Opinion of Harold P. Gewerter, Esq.Greenberg Traurig, LLP.
 10.7
10.1Management Services Agreement dated as of February 1, 2015, between Industrial Management LLC and RMR IP, Inc. (incorporated by reference to our Current Report on Form 8-K/A filed on April 14, 2015)
  
Subscription Agreement.10.2Option Agreement, dated August 25, 2014, between Colorado School of Mines and RMR IP, Inc. (incorporated by reference to our Current Report on Form 8-K/A filed on April 14, 2015)
 23.1
10.3Consulting Agreement, dated October 15, 2014, between RMR IP, Inc. and Gregory Dangler (incorporated by reference to our Current Report on Form 8-K/A filed on April 14, 2015)
  
Consent of Weinberg & Baer LLC10.4Consulting Agreement, dated October 15, 2014, between RMR IP, Inc. and Chad Brownstein (incorporated by reference to our Current Report on Form 8-K/A filed on April 14, 2015)
 23.2
10.5Consulting Agreement, dated October 15, 2014, between RMR IP, Inc. and Principio Management LLC (incorporated by reference to our Current Report on Form 8-K/A filed on April 14, 2015)

70

10.6Consulting Agreement, dated October 15, 2014, between RMR IP, Inc. and 77727111, LLC (incorporated by reference to our Current Report on Form 8-K/A filed on April 14, 2015)
  
10.7Registration Rights Agreement, dated February 1, 2015, between RMR IP, Inc. and Industrial Management, LLC (incorporated by reference to our Amendment No. 2 to the Current Report on Form 8-K/A filed on May 8, 2015).
10.8Voting Agreement, dated February 27, 2015, between Principio Management LLC and 77727111, LLC (incorporated by reference to our Amendment No. 2 to the Current Report on Form 8-K/A filed on May 8, 2015).
10.9Assignment Agreement, dated October 15, 2014, between RMR Holdings, Inc. and RMR IP, Inc. (incorporated by reference to our Amendment No. 2 to the Current Report on Form 8-K/A filed on May 8, 2015).
10.10Amendment No. 1 to Option Agreement dated as of May 25, 2015, between RMR IP, Inc. and Colorado School of Mines (incorporated by reference to our Quarterly Report on Form 10-Q filed on July 22, 2015). 
21List of Subsidiaries – RMR IP, Inc., a Nevada corporation; United States Talc and Minerals Inc., a Nevada corporation 

23.1*

Consent of Harold P. Gewerter, Esq. (included in Exhibit 5.1 herein).Hein & Associates LLP

23.2+

Consent of Greenberg Traurig, LLP

24+Power of Attorney
99.1*

Form of Subscription Agreement

101+

Interactive Data File

 

*Filed Herewith

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+Previously Filed

 

ItemITEM 17. Undertakings.UNDERTAKINGS

 

The undersigned registrant hereby undertakes:undertakes to:


(1) to To file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement to:


registration statement:

(i) To include any prospectus required by sectionSection 10(a)(3) of the Securities Act of 1933;

1933 (“Securities Act”);

(ii) To reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective amendment thereof) which, individually or together,in the aggregate, represent a fundamental change in the information set forth in the registration statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to Rule 424 (b)424(b) if, in the aggregate, the changes in volume and price represent no more than a 20%20\% change in the maximum aggregate offering price set forth in the “Calculation of Registration Fee”Fee'' table in the
effective registration statement; and


statement, and;

(iii) To include any additional or changed material information onwith respect to the plan of distribution.distribution not previously disclosed in the registration statement or any material change to such information in the registration statement;

(2) That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

(2)(3) To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.

(4) For determining any liability under the Securities Act, treat each post-effective amendment that contains a form of prospectus as a new registration statement for the securities offered in the registration statement, and that offering of the securities at that time as the initial bona fide offering of those securities.

(5) That, for the purpose of determining liability under the Securities Act to treatany purchaser, each post-effective amendmentprospectus filed pursuant to Rule 424(b) as part of a new registration statement relating to an offering, other than registration statements relying on Rule 430B or other than prospectuses filed in reliance on Rule 430A, shall be deemed to be part of and included in the registration statement as of the securities offered, and the offeringdate it is first used after effectiveness. Provided, however, that no statement made in a registration statement or prospectus that is part of the securities atregistration statement or made in a document incorporated or deemed incorporated by reference into the registration statement or prospectus that time to be the initial bona fide offering.


(3)to file a post-effective amendment to remove from registration anyis part of the securitiesregistration statement will, as to a purchaser with a time of contract of sale prior to such first use, supersede or modify any statement that remain unsold atwas made in the endregistration statement or prospectus that was part of the offering.registration statement or made in any such document immediately prior to such date of first use.

(4) that

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(6) That, for the purpose of determining liability of the undersigned small business issuerRegistrant under the Securities Act to any purchaser in the initial distribution of the securities, thesecurities:

The undersigned small business issuerRegistrant undertakes that in a primary offering of securities of the undersigned small business issuerRegistrant pursuant to this registration statement, regardless of the underwriting method used to sell the securities to the purchaser, if the securities are offered or sold to such purchaser by means of any of the following communications, the undersigned small business issuerRegistrant will be a seller to the purchaser and will be considered to offer or sell such securities to such purchaser:

(i) Any preliminary prospectus or prospectus of the undersigned small business issuerRegistrant relating to the offering required to be filed pursuant to Rule 424;


(ii) Any free writing prospectus relating to the offering prepared by or on behalf of the undersigned small business issuerRegistrant or used or referred to by the undersigned small business issuer;


Registrant;

(iii) The portion of any other free writing prospectus relating to the offering containing material information about the undersigned small business issuerRegistrant or its securities provided by or on behalf of the undersigned small business issuer;Registrant; and


(iv) Any other communication that is an offer in the offering made by the undersigned small business issuerRegistrant to the purchaserpurchaser.


(7) Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to the directors, officers and controlling persons of the registrant pursuant to the foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the Securities and Exchange Commission that such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable.

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In the event that a claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a directors, officersdirector, officer or controlling person of the registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.

(i) The registrant hereby undertakes that:

For purposes of determining any liability under the Securities Act, the information omitted from the form of prospectus filed as part of this registration statement in reliance upon Rule 430A and contained in a form of prospectus filed by us pursuant to Rule 424(b)(1) or (4) or 497(h) under the Securities Act shall be deemed to be part of this registration statement as of the time it was declared effective.

For the purpose of determining any liability under the Securities Act, each post-effective amendment that contains a form of prospectus shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

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SIGNATURES


Pursuant to the requirements of the Securities Act of 1933, as amended, the registrant has duly caused this registration statementRegistration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the CityBeverly Hills, State of Las Vegas, NVCalifornia, on November 13, 2012.October 20, 2015.

Online YearbookRMR Industrials Inc.
By: 
El Maraana, Chairman of the Board, CEO, PresidentBy:/s/ Chad Brownstein
By:Chad Brownstein
Salah Blal, Secretary, Treasurer, CFO, CAOChief Executive Officer
(Principal Executive Officer

By:/s/ Gregory M. Dangler
Gregory M. Dangler
President, Chief Financial Officer

(Principal Financial Officer and

Principal Accounting Officer)

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SIGNATURES

Pursuant to the requirements of the Securities Act, of 1933, as amended, this registration statement has been signed below by the following persons in the capacities indicatedand on November 13, 2012.the dates indicated.

Online YearbookNameTitleDate
By: 
/s/ Chad Brownstein*El Maraana, Chief Executive Officer and

October 20, 2015

Chad Brownstein

Chairman of the Board CEO, Presidentof Directors

(Principal Executive Officer)

By:
/s/ Gregory M. DanglerSalah Blal, Secretary, Treasurer, CFO, CAOPresident, Chief Financial Officer

October 20, 2015

Gregory M. Danglerand Member of the Board of Directors
/s/ Andrew Peltz*Member of the Board of Directors

October 20, 2015

Gregory M. Dangler

 

*By:/s/ Gregory M. Dangler
Gregory M. Dangler, Attorney-in-Fact

Dated: October 20, 2015


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