UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10
GENERAL FORM FOR REGISTRATION OF SECURITIES
Pursuant to Section 12(b) or (g) of the Exchange Act of 1934
Clubs Choice Holdings, Inc. f/n/a Millenia Hope, Inc.
(Exact name of registrant as specified in its charter)
Delaware | | 98-0213828 |
(State or Other Jurisdiction of Incorporation) | | (I.R.S. Employer Identification No.) |
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2 Wall Street, 8th Floor, New York, NY, | | 10005 |
(Address of Principal Executive Offices) | | (Zip Code) |
Registrant's Telephone Number, including area code 514-773-7017
Securities to be registered Pursuant to Section 12(b) of the Act: None
(formerly registered and trading symbol - MLHI)
Title of Each Class to be so registered | Name of each exchange on which each class is to be registered |
Large accelerated filer | 0 | Accelerated filer | 0 |
Non-accelerated filer | 0 (Do not check if a smaller reporting company) | Smaller reporting company | X |
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| SEC 1396 (02-08) Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
INFORMATION REQUIRED IN REGISTRATION STATEMENT
Item 1. Business.
Clubs Choice Holdings, Inc. f.n.a. Millenia Hope Inc.(“The Clubs Choice” or the “Company”) a corporation organized under the Laws of the State of New York pursuant to Rule (c) 2- 11 (a)(5) of the General Rules and Regulations promulgated under the Securities Exchange Act of 1934. Under Rule 15(c) 2-11 (a)(5) WAS INCORPORATED ON December 24, 1997.
The company has operated under various names since incorporation, most recently Clubs Holdings, Inc. from September 2013.
Currently, the company has two officers. Mr. Bernie Nicholls is CEO and Mr. Peter Kanellopoulos is President.
The company has its principal executive offices at 2 Wall Street, 8th Floor, New York, NY, 10005.
Narrative Description of Clubs Choice Holdings, Inc. f/n/a Millenia Hope Inc.
The Clubs Choice uses proven technology that takes advantage of the ever-growing social media across numerous categories. The Clubs Choice brings together the user experiences and observations of several early adopters of social networks with the business savvy of a sports and entertainment events planner and capabilities of an internet media
company and its associated agency network. The company addresses several divergent phenomenon in today’s internet driven world including social network services, mobile computing, information overload, tension between cost of services and who pays.
As the impact of traditional advertising and promotional activities decline, businesses are searching for new ways to reach their target markets. The Clubs Choice line of online services fulfill the needs of today’s dynamic market. Technological developments have also allowed businesses to better measure the results of their campaigns and promotional offers, particularly with internet based activities.
Enhanced by innovative technologies, the key innovation of this service is a business strategy which leverages up on existing services, relationships, and capabilities. Some of the necessary strategic elements exist in the market place generally, while others are the strengths and capabilities of the principals and strategic partners of the company.
The Nature of services offered.
The platform and web-site offers the users to interact with each other as a social media platform. The user is then rewarded with points in which he can redeem with various suppliers or sponsors of the web-site.
The revenue generated on the platform will be through advertising and sponsorship contracts. The value proposition of the platform will be based on user activity, page views and time on site.
Competition
We face great competition from various aspects of the industry. We compete to attract users and with the importance social media has received in the past two years, we are starting to see many web sites addressing the social media phenomenon. The main competitors are companies that provide online traditional web and mobile based information and entertainment services that are designed to engage users and capture time spent online and on mobile devices.
Item lA. Risk Factors.
Smaller Reporting Company not required to provide.
Item 2. Selected Financial Information.
Clubs Choice Holdings, Inc., f/n/a Millenia Hope, Inc. went dormant in 2008 and was revived during 2013, with a new focus and new management. New management is willing to provide an Management Discussion and Analysis,
but rather than on past efforts of the former management, it is felt that information related to the current trends would
be more meaningful.
The net profit is a result of debt write-off.
Accounting Period | | Gross Revenue | | | Net Profit (Losses) | |
Year ended November 30, 2012 | | $ | 0.00 | | | $ | 938,463 | |
Year Ended November 30, 2011 | | | 0.00 | | | | 0.00 | |
Nine Months ended August 30, 2013 | | | 0.00 | | | $ | 1,1886.39 | |
Nine Months ended August 30,2012 | | | 0.00 | | | $ | 1,1963.19 | |
Please refer to “Item 15. Financial Statements and Exhibits” included in this registration statement.
Item 3. Properties.
Office lease at 2 Wall Street, Sth Floor, New York, NY, 10005
Item 4. Security Ownership of Certain Beneficial Owners and Management.
Title of class | and address of beneficial owner | | Amount and nature of beneficial ownership | | | Percent of class | |
| Gengiu Consulting,Inc., Control Person Attn: John Cacchioli, 2 Wall St., 8th FL New York, NY 10005 | | | 17,000,000 | | | | 7 | % |
| Yehuda Kops, Control Person 5737 Wolseley Ave/Cote-St Luc/QC H4W 2L6 | | | 1,387,781 | | | | 1 | % |
| Bernie Nicholls, CEO, First Asian Investment 2 Wall St., 8th Fl New York,NY 10005 | | | 84,000,000 | | | | 36 | % |
| Peter Kanellopoulos, President 2 Wall St., 8th Fl New York,NY 10005 | | | - | | | | 0 | % |
| Leonard Stella, Control Person 9164 Emile Nelligan St-Leonard/QC H1R 2W1 | | | 2,182,740 | | | | 1 | % |
| Don Ivanski, Cavalli NYC Inc., Contol Person 2 Wall St., 8th Fl New York,NY 10005 | | | 30,000,000 | | | | 13 | % |
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The beneficial owners include the officers, and with one exception, all the principal officers own stock in the company. | |
Item 5. Directors and Executive Officers.
Name | | Age | | Position |
| | | 52 | | Chief Executive Officer (CEO) |
| | | 49 | | |
1. | Mr. Bernie Nicholls has developed over the years a vast network of professional sports players as well as important business relationships around sports. He was instrumental in developing new market strategies for an online sports marketing company in 2010 and has been part of that company before he took on the position as CEO of Millenia Hope in May 2013. Bernie is a former professional hockey player with the National Hockey League. He has played for the Los Angeles Kings, New York Rangers, Edmonton Oilers, New Jersey Devils, Chicago Blackhawks and San Jose Sharks. He is one of only 8 players in NHL history to score 70 goals in one season, and one of 5 to score 150 points. He also won a Silver medal in the World Hockey Championships for Canada. |
2. | Mr. Peter Kanellopoulos is an Accountant by trade. He has been a consultant in financial management for over 15 years. Peter put his consulting practice aside to join Millenia Hope Inc. in July 2013. He has been instrumental in creating a financial and accounting structure for Millenia Hope Inc. that will help the company expand in the future. |
Item 6. Executive Compensation.
Nothing currently.
Item 7. Certain Relationships and Related Transactions, and Director Independence.
None.
Item 8. Legal Proceedings.
None.
Item 9. Market Price of and Dividends on the Registrant's Common Equity and Related Stockholder Matters
Our common stock is traded under the symbol MLHI on www.otcmarkets.com
August 31, 2013:
Authorized –
I/O – 231,508,097
Res – 182,224,739
FT – 49,283,358
Active S/H – 886
Active Certs –1,331
Item 11. Description of Registrant's Securities to be Registered.
None are to be registered, currently. Previously registered..
Item 12. Indemnification of Directors and Officers.
None.
Item 13. Financial Statements and Supplementary Data.
As a Smaller Reporting Company, registrant is not required to provide.
Item 14. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure.
None.
Item 15. Financial Statements and Exhibits.
(a)
Consolidated Balance Sheet, as at August 31, 2013
Consolidated Statements of Operations, 3rd Quarter Ended August 31, 2013
Consolidated Statement of Cash Flows, 3rd Quarter Ended August 31, 2013
Consolidated Balance Sheet, As at May 31, 2013
Consolidated Statements of Operations, 2nd Quarter Ended May 31, 2013
Consolidated Statement of Cash Flows, 2nd Quarter Ended May 31, 2013
Consolidated Balance Sheet, as at February 28, 2013
Consolidated Statements of Operations, 1st Quarter Ended February 28, 2013
Consolidated Statement of Cash Flows, 1st Quarter Ended February 28, 2013
(b)
Exhibits:
Articles of Incorporation - incorporated by reference
By Laws - incorporated by reference
Registration statement on Form- incorporated by reference
Financial statements, attached hereto.
SIGNATURES
Pursuant to the requirements of Section 12 of the Securities Exchange Act of 1934, the registrant has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized.
| Clubs Choice Holdings, Inc. | |
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Date: May 20, 2014 | By: | /s/ Bernie Nicholls | |
| | Bernie Nicholls | |
| | CEO | |
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MILLENIA HOPE INC
FINANCIAL STATEMENTS
For the 3rd Quarter ended August 31, 2013
(Unaudited)
MILLENIA HOPE INC
NOTES TO FINANCIAL STATEMENTS
For the 3rd Quarter ended August 31, 2013
(Unaudited)
Management's Certification
Millenia Hope's Management certifies that all corporate actions are performed in conformity with the Securities Exchange Commission policies and Pink Sheets disclosure policies, and that the Company is currently in good standing and up to date in its corporate reports in compliance with all applicable laws.
The accompanying unaudited consolidated financial statements and the notes thereto have been prepared in
accordance with accounting principles generally accepted in the United States of America, present fairly, in all material respects, the financial position of Millenia Hope Inc. and the results of its operations and cash flows for the periods presented, in conformity with accounting principles generally accepted in the United States, consistently applied.
These statements were produced internally and published for the benefit of the shareholders.
/s/ Peter Kanellopoulos
Peter Kanellopoulos
CFO
October 31, 2013
MILLENIA HOPE INC
Consolidated Balance Seet
As at August 31, 2013
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MILLENIA HOPE INC.
Consolidatd Statements of Operations
3nd Quarter Ended August 31, 2013
| | 9 Months | | | 6 Months | |
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| | August 31 | | | May 31 | |
| | 2013 | | | 2013 | |
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MILLENIA HOPE INC.
Consolidated Statement of Cash Flows
3nd Quarter Ended August 31, 2013
| | 9 Months | | | | |
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| | August 31 | | | November 30 | |
| | 2013 | | | 2012 | |
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MILLENIA HOPE INC
NOTES TO FINANCIAL STATEMENTS
For the 3rd Quarter ended August 31, 2013
(Unaudited)
1. BASIS OF PRESENTATION
Millenia Hope Inc. was incorporated in the State of Delaware on December 24, 1997. Through its acquisition of the patent rights for MMH Malarex(TM), The accompanying unaudited condensed consolidated financial Statements have been prepared in accordance with accounting principles generally accepted in the United States of America by the Issuer and in the opinion of management, include all adjustments consisting only of normal recurring accruals considered necessary to present fairly the Company's financial position at August 31, 2013 and the results of operations for the 3rd quarter ended August 31, 2013. Moreover, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements.
The preparation of consolidated financial statements in conformity with accounting principles generally accepted in United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
2. NATURE OF BUSINESS
Inactivity
The company had become inactive during the last 2nd quarter of the Financial year 2008.
MILLENIA HOPE INC
FINANCIAL STATEMENTS
For the 2nd Quarter ended May 31, 2013
(Unaudited)
MILLENIA HOPE INC
NOTES TO FINANCIAL STATEMENTS
For the 2nd Quarter ended May 31, 2013
(Unaudited)
Management's Certification
Millenia Hope's Management certifies that all corporate actions are performed in conformity with the Securities Exchange Commission policies and Pink Sheets disclosure policies, and that the Company is currently in good standing and up to date in its corporate reports in compliance with all applicable laws.
The accompanying unaudited consolidated financial statements and the notes thereto have been prepared in
accordance with accounting principles generally accepted in the United States of America, present fairly, in all material respects, the financial position of Millenia Hope Inc. and the results of its operations and cash flows for the periods presented, in conformity with accounting principles generally accepted in the United States, consistently applied.
These statements were produced internally and published for the benefit of the shareholders.
/s/ G. Gentile
G. Gentile
CEO
July 11, 2013
MILLENIA HOPE INC | |
Consolidated Balance Sheet | |
As at May 31, 2013 | |
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Millenia Hope Inc. | |
Consolidated Statements of Operations | |
2nd Quarter Ended May 31, 2013 | |
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| | 6 Months | | | 3 Months | |
| | 2nd Quarter | | | 1st Quarter | |
| | May 31 | | | February 28 | |
| | 2013 | | | 2013 | |
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Millenia Hope Inc. | |
Consolidated Statement of Cash Flows | |
2nd Quarter Ended May 31, 2013 | |
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| | May 31 | | | November 30 | |
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MILLENIA HOPE INC
NOTES TO FINANCIAL STATEMENTS For the 2nd Quarter ended May 31, 2013 (Unaudited)
1. BASIS OF PRESENTATION
Millenia Hope Inc. was incorporated in the State of Delaware on December 24, 1997. Through its acquisition of the patent rights for MMH Malarex(TM), The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America by the Issuer and in the opinion of management, include all adjustments consisting only of normal recurring accruals considered necessary to present fairly the Company's financial position at May 31, 2013 and the results of operations for the 2nd quarter ended May 31, 2013. Moreover, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements.
The preparation of consolidated financial statements in conformity with accounting principles generally accepted in United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
2. NATURE OF BUSINESS
Inactivity
The company had become inactive during the last 2nd quarter of the Financial year 2008.
MILLENIA HOPE INC
FINANCIAL STATEMENTS
For the 1st Quarter ended February 28, 2013
(Unaudited)
MILLENIA HOPE INC
NOTES TO FINANCIAL STATEMENTS
For the 1st Quarter ended February 28, 2013
(Unaudited)
Management's Certification
Millenia Hope's Management certifies that all corporate actions are performed in conformity with the Securities Exchange Commission policies and Pink Sheets disclosure policies, and that the Company is currently in good standing and up to date in its corporate reports in compliance with all applicable laws.
The accompanying unaudited consolidated financial statements and the notes thereto have been prepared in
accordance with accounting principles generally accepted in the United States of America, present fairly, in all material respects, the financial position of Millenia Hope Inc. and the results of its operations and cash flows for the periods presented, in conformity with accounting principles generally accepted in the United States, consistently applied.
These statements were produced internally and published for the benefit of the shareholders.
/s/ G. Gentile
G. Gentile
CEO
May 31,2013
MILLENIA HOPE INC | |
Consolidated Balance Sheet | |
As at February 28, 2013 | |
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Convertible notes payable (net) | | | | | | | | |
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Millenia Hope Inc. | |
Consolidated Statements of Operations | |
1st Quarter Ended February 28, 2013 | |
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| | 1st Quarter | | | Year Ended | |
| | February 28 | | | November 30 | |
| | 2013 | | | 2012 | |
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Millenia Hope Inc. | |
Consolidated Statement of Cash Flows | |
1st Quarter Ended February 28, 2013 | |
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| | 1st Quarter | | | Year Ended | |
| | February 28 | | | November 30 | |
| | 2013 | | | 2012 | |
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Prepaid expenses and deposits | | | | | | | | |
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Cash (used in) operating activities | | | | | | | | |
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Advances from related parties | | | | | | | | |
Payments/Write off on convertible note payable | | | | | | | | |
Proceeds from notes payable | | | | | | | | |
Issuance of capital stock for cash | | | | | | | | |
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Cash provided by financing activities | | | | | | | | |
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Additions to fixed assets | | | | | | | | |
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MILLENIA HOPE INC
NOTES TO FINANCIAL STATEMENTS
For the 1st Quarter ended February 28, 2013
(Unaudited)
1. BASIS OF PRESENTATION
Millenia Hope Inc. was incorporated in the State of Delaware on December 24, 1997. Through its acquisition of the patent rights for MMH Malarex(TM), The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America by the Issuer and in the opinion of management, include all adjustments consisting only of normal recurring accruals considered necessary to present fairly the Company's financial position at February 28, 2013 and the results of operations for the 1st quarter ended February 28, 2013. Moreover, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements.
The preparation of consolidated financial statements in conformity with accounting principles generally accepted in United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
2. NATURE OF BUSINESS
Inactivity
The company had become inactive during the last 2nd quarter of the Financial year 2008.