Tautachrome (TTCM) 10-Q 8 Sep 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Sep. 08, 2015
Document And Entity Information
Entity Registrant Name	ROADSHIPS HOLDINGS, INC.
Entity Central Index Key	1,389,067
Document Type	10-Q
Document Period End Date	Jun. 30, 2015
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		2,987,633,430
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2,015

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Current assets:
Cash	$ 10,249	$ 23,705
Other current assets	2,000
Total current assets	12,249	$ 23,705
Non-current assets:
Property, plant and equipment, net of accumulated depreciation of $942 and $0 as of June 30, 2015 and December 31, 2014, respectively	7,470
TOTAL ASSETS	19,719	$ 23,705
LIABILITIES
Accounts payable and accrued expenses	114,626	$ 5,016
Bank overdraft	89
Accounts payable - related party	676
Accrued interest - related party	3,661
Loans from related parties	204,196
Convertible note payable, related party	22,000	$ 23,500
Convertible notes payable	134,951
Short-term notes payable	16,847
Total current liabilities	497,046	$ 28,516
TOTAL LIABILITIES	497,046	28,516
STOCKHOLDERS' EQUITY (DEFICIT)
Common stock, $0.001 par value. Three billion shares authorized. 2,987,633,430 and 1,184,906,041 shares issued and outstanding at June 30, 2015 and December 31, 2014	29,876	11,848
Additional paid in capital	$ 1,127,613	1,441,712
Common stock payable		26,667
Accumulated deficit	$ (1,700,381)	$ (1,485,038)
Other Comprehensive Income	65,565
TOTAL STOCKHOLDERS' EQUITY	(477,327)	$ (4,811)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 19,719	$ 23,705

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
ASSETS
Accumulated depreciation of property, plant and equipment	$ 942	$ 0
STOCKHOLDERS' DEFICIT
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	3,000,000,000	3,000,000,000
Common stock, shares issued	2,987,633,430	1,184,906,041
Common stock, shares outstanding	2,987,633,430	1,184,906,041

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)	3 Months Ended	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2014
OTHER INCOME / (EXPENSE)
Interest expense		$ 963
Predecessor [Member]
OPERATING EXPENSES
General and administrative	$ 6,721	$ 9,109
Depreciation
Total operating expenses	$ 6,721	$ 9,109
Operating income / (loss)	(6,721)	(9,109)
OTHER INCOME / (EXPENSE)
Interest expense	(487)	(963)
Total other	(487)	(963)
Net loss	$ (7,208)	$ (10,072)
OTHER COMPREHENSIVE INCOME (LOSS)
Effect of foreign currency exchange
Net comprehensive loss	$ (7,208)	$ (10,072)
Net loss per common share - basic and diluted	$ 0	$ 0
Weighted average shares outstanding	1,120,191,667	1,165,757,363

CONSOLIDATED STATEMENT OF STOCK

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY / (DEFICIT) (Unaudited) - USD ($)	Common Stock	Additional Paid-In Capital	Other Comprehensive Income (Loss)	Stock Payable	Accumulated Deficit	Total
Beginning Balance, Shares at Dec. 31, 2013	1,114,155,564
Beginning Balance, Amount at Dec. 31, 2013	$ 11,140	$ 1,236,870		$ 650	$ (1,250,701)	$ (2,041)
Shares issued for cash, net of issue costs, Shares	1,463,765
Shares issued for cash, net of issue costs, Amount	$ 15	$ 24,610				24,625
Accrual of stock for services				$ 26,667		26,667
Shares issued for services, Shares	69,286,712
Shares issued for services, Amount	$ 693	$ 178,312		$ (650)		178,355
Imputed interest		$ 1,920				1,920
Net loss					$ (234,337)	(234,337)
Ending Balance, Shares at Dec. 31, 2014	1,184,906,041
Ending Balance, Amount at Dec. 31, 2014	$ 11,848	$ 1,441,712		$ 26,667	$ (1,485,038)	$ (4,811)
Shares issued for services, Shares	6,156,179					6,156,179
Shares issued for services, Amount	$ 62	73,539		$ (26,667)		$ 46,934
Imputed interest		1,629				1,629
Effect of reverse merger, May 21, 2015, Shares	1,796,571,210
Effect of reverse merger, May 21, 2015, Amount	$ 17,966	$ (389,267)				(371,301)
Effect of foreign currency exchange			$ 65,565			65,565
Net loss					$ (215,343)	(215,343)
Ending Balance, Shares at Jun. 30, 2015	2,987,633,430
Ending Balance, Amount at Jun. 30, 2015	$ 29,876	$ 1,127,613	$ 65,565		$ (1,700,381)	$ (477,327)

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES
Net Loss			$ (215,343)		$ (234,337)
Imputed interest			1,629		1,920
Successor [Member]
CASH FLOWS FROM OPERATING ACTIVITIES
Net Loss	$ (176,214)		(215,343)
Depreciation expense	269		269
Stock-based compensation			46,934
Imputed interest			1,629
Changes in operating assets and liabilities:
Prepaid expenses			(2,000)
Accounts payable and accrued expenses			(25,846)
Net cash used in operating activities			(178,530)
CASH FLOWS FROM INVESTING ACTIVITIES
Cash acquired in reverse merger			38,719
Net cash used in investing activities			38,719
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from convertible notes payable			58,775
Principal payments on related-party loans			17,847
Net cash provided by financing activities			76,622
Effect of foreign exchange transactions			65,565
Net increase/(decrease) in cash			(13,456)
Cash and equivalents - beginning of period			23,705
Cash and equivalents - end of period	$ 10,249		10,249		23,705
SUPPLEMENTARY INFORMATION
Cash paid for interest			$ 269
Cash paid for income taxes
Predecessor [Member]
CASH FLOWS FROM OPERATING ACTIVITIES
Net Loss		$ (7,208)		$ (10,072)
Depreciation expense
Stock-based compensation				$ 10,380
Imputed interest				$ 963
Changes in operating assets and liabilities:
Prepaid expenses
Accounts payable and accrued expenses				$ (870)
Net cash used in operating activities				$ 401
CASH FLOWS FROM INVESTING ACTIVITIES
Cash acquired in reverse merger
Net cash used in investing activities
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from convertible notes payable
Principal payments on related-party loans
Net cash provided by financing activities
Effect of foreign exchange transactions
Net increase/(decrease) in cash				$ 401
Cash and equivalents - beginning of period				23,329	$ 23,329
Cash and equivalents - end of period		$ 23,731		$ 23,731
SUPPLEMENTARY INFORMATION
Cash paid for interest
Cash paid for income taxes

Organization and Nature of Busi

Organization and Nature of Business	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements
Note 1 - Organization and Nature of Business	History The Company adopted the accounting acquirer’s year end, December 31. Our Business The Company has two divisions: a Technology Division reflecting the acquisition of Click and a Transport Division, reflecting the Company’s historical business. Technology Division The Technology division is headed by Click CEO and founder, Dr. Jon N Leonard. The Division operates in the internet applications space, a space uniquely able to embrace fast growing and novel business. The iPhone, Google, Facebook, Amazon, Twitter, Android, Uber and numerous other examples are reminders of the ability of the internet applications space to surprise us with the arrival –seemingly from out of nowhere- of wholly new business universes. Click is developing a system branded “KlickZie” aimed at turning smartphones, including iPhones, Android phones and other smartphones, into trustable imagers and advanced communicators. Trustable imagers means that the pictures and videos can be trusted to be the original, untampered, un-Photoshopped pictures and videos made by the smartphone. Advanced communicators means that the pictures and videos can be used as living, trusted portals to communicate with others. The KlickZie system concept consists of downloadable software able to securitize the imaging process in the smartphone, together with an advanced cloud system to authenticate KlickZie pictures and videos and to make possible imagery based communication among people who happen upon KlickZie pictures and videos. Ongoing Transport Division The Transport Division is headed by Roadships Holdings founder, Micheal Nugent. The division operates in the short-sea and ground freight transport industry sectors.

Basis of Presentation and Summa

Basis of Presentation and Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements
Note 2 - Basis of Presentation and Summary of Significant Accounting Policies	Consolidated Financial Statements In the opinion of management, the accompanying financial statements includes all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations, and cash flows for the period ending June 30, 2015. Preparing financial statements requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue, and expenses. Interim results are not necessarily indicative of results for a full year. The information included in this Form 10-Q should be read in conjunction with information included in our audited financial statements for the period ended December 31, 2014, as reported in Form 10-K filed with the Securities and Exchange Commission on July 9, 2015. Management further acknowledges 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) valid transactions are recorded; and 3) transactions are recorded in the proper period in a timely manner to produce financial statements which present fairly the financial condition, results of operations and cash flows of the Company for the respective periods being presented. Principles of Consolidation Our consolidated financial statements include the accounts of Roadships Holdings, Inc. and all majority-owned subsidiaries. All significant inter-company accounts and transactions are eliminated in consolidation. Reverse Merger and Successor / Predecessor Presentation On May 21, 2015, we acquired all the issued and outstanding shares of Click Evidence, Inc. (“Click”), an emerging growth company existing under the laws of the State of Arizona that has developed and owns a patent pending trustable imaging technology for smartphones (See Note 7). Because the shareholders of Click collectively control the Company immediately after the transaction, we deemed the transaction a reverse merger for accounting purposes. In a reverse merger, Click is considered the acquirer and Roadships Holdings is considered the acquiree. Therefore, financial history of Click is presented instead of that of Roadships Holdings, Inc. From May 21, 2015 forward, the financial statements are those of Roadships Holdings, Inc. with all previously reported subsidiary activity and including the activity of Click. Property, Plant and Equipment We record our property plant and equipment at historical cost. The estimated useful lives of these assets range from three to seven years and are depreciated using the straight-line method over the asset’s useful life. Foreign Currency Risk We currently have two subsidiaries operating in Australia. At June 30, 2015 and December 31, 2014, we had $2,512 and $500 Australian Dollars, respectively ($1,924 and $407 US Dollars, respectively) deposited into Australian banks. Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles 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. Actual results could differ from those estimates. Net Loss Per Share Basic and diluted net loss per share calculations are calculated on the basis of the weighted average number of common shares outstanding during the year. The per share amounts include the dilutive effect of common stock equivalents in years with net income. Basic and diluted loss per share is the same for the three and six months ended June 30, 2015 as the effect of our potential common stock equivalents would be anti-dilutive. Recent Accounting Pronouncements In June 2014, the FASB issued ASU No. 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

Going Concern

Going Concern	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements
Note 3 - Going Concern	We have not begun our core operations in the short-sea and ground freight industries, nor in the technology industry and have not yet acquired the assets to enter these markets and we will require additional capital to do so. There is no guarantee that we will acquire the capital to procure the assets to enter these markets or, upon doing so, that we will generate positive cash flows from operations. Roadships Holdings’ financial statements have been prepared on a development stage company basis. Substantial doubt exists as to Roadships Holdings’ ability to continue as a going concern. No adjustment has been made to these financial statements for the outcome of this uncertainty.

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements
Note 4 - Related Party Transactions	For the six months ended June 30, 2015 and 2014, we had the following transactions with the Twenty Second Trust (the “Trust”), the trustee of whom is Tamara Nugent, the wife of our major shareholder and former Chief Executive Officer, Micheal Nugent: · We received $31,100 and $11,495, respectively, in cash loans to pay operating expenses and repaid $27,105 and $7,195, respectively, in principal. · We accrued $2,362 and $1,032, respectively, in interest payable to the Trust and paid $1,817 and $0, respectively, in interest payments. · On April 20, 2015, the Registrant and Tamara Nugent, as trustee for Twenty Second Trust, entered into a Common Stock Repurchase Agreement whereby the Trust agreed to sell 1,796,571,210 shares of the our common stock to the Company in exchange for the sum of $17,966 in the form a promissory note. According to our agreement with Mr. Nugent, we accrue interest on all unpaid amounts at 5%. Principal and interest are callable at any time. If principal and interest are called and not repaid, the loan is considered in default after which interest is accrued at 10%. As of the date of this report, no principal or interest has been called by the maker of the note. The outstanding balance at June 30, 2015 is $87,849 and $905, respectively, for principal and interest. On December 9, 2014, we redeemed 39,312 shares of Series B Convertible Preferred Stock issued in 2013 to our then Chief Executive Officer, by issuing a promissory note in the amount of $98,281. The promissory note is due December 31, 2015 and bears interest at 5% (see Note 5). On May 5, 2013 (and on August 8, 2013 with an enlargement amendment) the Company entered into a no interest demand-loan agreement with our current Chairman, Jon N Leonard (“Jon”) under which the Company may borrow such money from Jon as Jon in his sole discretion is willing to loan. Under this agreement and its enlargement amendment (an amendment enlarging the amount of money that can be borrowed) the Company borrowed $28,000 from Jon between May 30, 2013 and October 31, 2013, and repaid Jon $3,500 of the $28,000 in cash between December 11, 2013 and December 31, 2013, leaving an unpaid balance on this note of $24,500 at December 31, 2013. On August 28, 2014, the Company repaid in cash an additional $1,000 on the note, and on January 5, 2015, an additional principal payment was made in the amount of $1,500, leaving an unpaid balance at June 30, 2015 of $22,000. During the six months ended June 30, 2015, the Company repaid an additional $1,500 to Dr. Leonard. At June 30, 2015, the Company still owes $22,000 on this note to Dr. Leonard. The terms of the note provide that at the Company’s option, the Company may make repayments in stock, at a fixed share price of $1.00 per share. Also, because this loan is a no interest loan an imputed interest expense of $752 and $963 was recorded as additional paid-in capital for the six months ended June 30, 2015 and 2014, respectively. The Company evaluated Dr. Leonard’s note for the existence of a beneficial conversion feature and determined that none existed.

Capital

Capital	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements
Note 5 - Capital	At December 31, 2014, we had 1,184,906,041 common shares issued and outstanding from a total of three billion authorized. On April 20, 2015, the Registrant and Tamara Nugent, as trustee for Twenty Second Trust, entered into a Common Stock Repurchase Agreement whereby the Trust agreed to sell 1,796,571,210 shares of the our common stock to the Company in exchange for the sum of $17,966 in the form a promissory note. During the six months ended June 30, 2015, we issued 6,156,179 shares for services to several consultants according to our agreements with them. We valued these shares at the pre-merger valuation which was based on private equity raises done in 2013 and 2014 ($0.012 per share) and recorded an increase in Capital Stock and Additional Paid in Capital of $73,600. Included in these shares were shares promised and accrued for before December 31, 2014. We therefore reduced Common Stock Payable by $26,667 to zero at June 30, 2015. On May 21, 2015, we issued 1,796,571,210 common shares to the shareholders of Click Evidence, Inc. in exchange for all the issued and outstanding shares of that Company (see Note 7), effecting the merger between Click and Roadships. Preferred Stock On March 12, 2013, the Board of Directors authorized 4 shares of Class A Convertible Preferred Stock and 10,000,000 shares of Class B Convertible Preferred Stock. Class A and B Convertible Preferred Stock have the following attributes: Series A Convertible Preferred Stock The Series A Preferred Stock is convertible into the number of shares of Common Stock which equals 4 times the sum of: i) the total number of shares of Common Stock which are issued and outstanding at the time of conversion, plus ii) the total number of shares of Series B Preferred Stocks which are issued and outstanding at the time of conversion. The Series A Preferred Stock voting rights are equal to the number of shares of Common Stock which equals 4 times the sum of: i) the total number of shares of Common Stock which are issued and outstanding, plus ii) the total number of shares of Series B Preferred Stocks which are issued and outstanding. Series B Convertible Preferred Stock Each share of Series B Preferred Stock is convertible at par value $0.0001 per share (the “Series B Preferred”), at any time, and/or from time to time, into the number of shares of the Corporation's common stock, par value $0.0001 per share (the "Common Stock") equal to the price of the Series B Preferred Stock ($2.50), divided by the par value of the Series B Preferred (par value of $0.0001per share), subject to adjustment as may be determined by the Board of Directors from time to time (the "Conversion Rate"). Based on the $2.50 price per share of Series B Preferred Stock, and a par value of $0.0001 per share for Series B Preferred each share of Series B Preferred Stock is convertible into 250,000 shares of Common Stock. Each share of Series B Preferred Stock has 10 votes for any election or other vote placed before the shareholders of the Common stock. The Preferred A stock has a stated value of $0.0001 and no stated dividend rate and is non-participatory. The Series A and Series B has liquidation preference over common stock. The Voting Rights for each share of Series A is equal to 1 vote per share (equal to 4 times the number of common and Preferred B shares outstanding) and Series B Preferred Stock have 10 votes per shares. The Holder has the right to convert the Preferred A and B to common shares of the Company with the Series A convertible to 4 times the number of common and Preferred B shares outstanding and Series B convertible to 250,000 common shares per Preferred B share. The Preferred Series A and Series B represents voting control based on management’s interpretation of the Company bylaws and Certificate of Designation. There are no Series A or B Convertible Preferred Stock outstanding at June 30, 2015.

Property, Plant and Equipment

Property, Plant and Equipment	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements
Note 6 - Property, Plant and Equipment	Property, Plant and Equipment consists principally of office furniture and fixtures. Balances at June 30, 2015 and December 31, 2014 are as follows: 06/30/15 12/31/14 (Unaudited) (Audited) Office equipment $ 8,412 $ - Total fixed assets at cost 8,412 - Less: accumulated depreciation (942 ) - Net fixed assets $ 7,470 $ -

Business Combination

Business Combination	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements
Note 7 - Business Combination	On May 21, 2015, we acquired all the issued and outstanding shares of Click Evidence, Inc. (“Click”), an emerging growth company existing under the laws of the State of Arizona that has developed and owns a patent pending trustable imaging technology for smartphones. Under the terms of the Acquisition, we issued 1,796,571,209 shares of our common stock from treasury in exchange for 14,239,705 shares of Click common stock . As a result of the Acquisition, Click has become a wholly-owned subsidiary of the Registrant. The Roadships shares were issued by the Registrant at a deemed price of $0.0012 per share to 16 Click shareholders (the “Click Shareholders”) on the basis of 83.644 Roadships shares for each of the issued and then outstanding Click Shares. The number of Roadships shares issued for the Click Shares was determined by negotiation between the parties to the Acquisition and was approved by our board of directors as being fair and in the best interest of the Registrant. As a result of the issuance of the Roadships shares, Dr. Jon N. Leonard, the President, Chief Executive Officer and a director of Click, has acquired sole voting and investment control over 1,387,829,545 shares of Roadships’ common stock, representing 46.4% voting control of the Registrant. At the time of the Acquisition, Dr. Leonard directly owned 10,000,000 Click Shares and had sole voting and investment control over a further 1,000,000 Click Shares. We deemed the transaction a reverse merger and recorded no goodwill. Assets and liabilities of Click Evidence are as follows: Fair value of assets and liabilities obtained from Click Evidence Cash $ 10,597 Other current assets 2,000 Shareholder note payable (22,000 ) Net liabilities acquired $ (9,403 ) Upon merging the two companies, we closed all historical operating results prior to the reverse merger date of May 21, 2015 of Roadships and consolidated subsidiaries to Additional Paid in Capital. Operating results and cash flows and historical equity presented in this report and subsequent reports will be that of Click Evidence, Inc. A summary of pro-forma financial information for the years ended December 31, 2014 and 2013 are as follows: Year Ended December 31, 2014 2013 Total assets $ 32,072 $ 26,746 Total liabilities 260,133 83,039 Total stockholders' deficit (228,061 ) (56,293 ) Net loss (311,477 ) (27,286,649 ) Other comprehensive income (loss) 6,423 (11,325 ) Net comprehensive loss (305,054 ) (27,297,974 ) Weighted average shares outstanding (basic and diluted) 2,987,633,430 2,412,838,909 Net loss per share (basic and diluted) (0.00 ) (0.01 )

Segment Reporting

Segment Reporting	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements
Note 8 - Segment Reporting	The Company has identified its operating segments based on the internal reports that are reviewed and used by the chief operating decision makers in assessing performance and determining the allocation of resources. Reportable segments disclosed are based on aggregating operating segments where the segments are considered to have similar economic characteristics and are also similar with respect to the following: · the products sold and/or services provided by the segment; · the manufacturing process; · the type or class of customer for the products or services; · the distribution method; and · any external regulatory requirements. Types of products and services by segment Technology Division The Technology division is headed by Click CEO and founder, Dr. Jon N Leonard. The Division operates in the internet applications space, a space uniquely able to embrace fast growing and novel business. The iPhone, Google, Facebook, Amazon, Twitter, Android, Uber and numerous other examples are reminders of the ability of the internet applications space to surprise us with the arrival –seemingly from out of nowhere- of wholly new business universes. Click is developing a system branded "KlickZie" aimed at turning smartphones, including iPhones, Android phones and other smartphones, into trustable imagers and advanced communicators. Trustable imagers means that the pictures and videos can be trusted to be the original, untampered, un-Photoshopped pictures and videos made by the smartphone. Advanced communicators means that the pictures and videos can be used as living, trusted portals to communicate with others. The KlickZie system concept consists of downloadable software able to securitize the imaging process in the smartphone, together with an advanced cloud system to authenticate KlickZie pictures and videos and to make possible imagery based communication among people who happen upon KlickZie pictures and videos. Ongoing Transport Division The Transport Division is headed by Roadships Holdings founder, Micheal Nugent. The division operates in the short-sea and ground freight transport industry sectors. Basis of Accounting for Purposes of Reporting by Operating Segment Accounting policies adopted All amounts reported to the Board of Directors, being the chief operating decision makers with respect to operating segments, are determined in accordance with accounting policies that are consistent to those adopted in the annual financial statements of the Group. Intersegment transactions All intersegment sales are eliminated. Intercompany accounts are eliminated upon consolidation. Segment assets Where an asset is used across multiple segments, the asset is allocated to the segment that receives the majority of the economic value from the asset. In most instances, segment assets are clearly identifiable on the basis of their nature and physical location. Segment liabilities Liabilities are allocated to segments where there is a direct nexus between the incurrence of the liability and the operations of the segment. Borrowings and tax liabilities are generally considered to relate to the Group as a whole and are not allocated. Segment liabilities include trade and other payables and certain direct borrowings. Segment information Both segments have yet to record revenues. Components of our net loss for the three and six months ended June 30, 2015 is as follows: Six Months Ended June 30, 2015 Technology Transport Total Operating expenses General and administrative $ 145,704 $ 64,752 $ 210,456 Depreciation 269 - 269 Total operating expenses 145,973 64,752 210,725 Operating income/(loss) (145,973 ) (64,752 ) (210,725 ) Other income/(expense) Interest expense (1,130 ) (3,488 ) (4,618 ) Total other (1,130 ) (3,488 ) (4,618 ) Net loss (147,103 ) (68,240 ) (215,343 ) Other comprehensive income (loss) Effect of foreign currency exchange - 65,565 65,565 Net comprehensive loss $ (147,103 ) $ (2,675 ) $ (149,778 ) Three Months Ended June 30, 2015 Technology Transport Total Operating expenses General and administrative $ 107,013 $ 64,752 $ 171,765 Depreciation 269 - 269 Total operating expenses 107,282 64,752 172,034 Operating income/(loss) (107,282 ) (64,752 ) (172,034 ) Other income/(expense) Interest expense (692 ) (3,488 ) (4,180 ) Total other (692 ) (3,488 ) (4,180 ) Net loss (107,974 ) (68,240 ) (176,214 ) Other comprehensive income (loss) Effect of foreign currency exchange - 65,565 65,565 Net comprehensive loss $ (107,974 ) $ (2,675 ) $ (110,649 )

Debt

Debt	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements
Note 9 - Debt	Our debt in certain debt categories went from $191,808 at December 31, 2014 to $377,994 at June 30, 2015 as follows: 12/31/14 06/30/15 Loans from related parties $ - $ 204,196 Convertible note payable, related party 23,500 22,000 Convertible notes payable - 134,951 Short-term notes payable - 16,847 $ 23,500 $ 377,994 Loans from related parties On December 9, 2014, Roadships Holdings, Inc. redeemed 39,312 shares of Series B Convertible Preferred Stock issued in 2013 to our then Chief Executive Officer, by issuing a promissory note in the amount of $98,281. The promissory note is due December 31, 2015 and bears interest at 5%. We have accrued $2,460 and $296 in interest in this note through June 30, 2015 and December 31, 2014, respectively. At June 30, 2015, the entire principal amount of $98,281 and interest of $2,756 remains unpaid. On April 20, 2015, the Registrant and Tamara Nugent, as trustee for Twenty Second Trust, entered into a Common Stock Repurchase Agreement whereby the Trust agreed to sell 1,796,571,210 shares of the our common stock to the Company in exchange for the sum of $17,966 in the form a promissory note. The note bears no interest and is callable by the maker at any time. At June 30, 2015, we still owe $17,966 on this note. During the six months ended June 30, 2015, we borrowed $31,100 from the 22 nd nd nd Convertible note payable, related party On May 5, 2013 (and on August 8, 2013 with an enlargement amendment) the Company entered into a no interest demand-loan agreement with our current Chairman, Jon N Leonard ("Jon") under which the Company may borrow such money from Jon as Jon in his sole discretion is willing to loan. Under this agreement and its enlargement amendment (an amendment enlarging the amount of money that can be borrowed) the Company borrowed $28,000 from Jon between May 30, 2013 and October 31, 2013, and repaid Jon $3,500 of the $28,000 in cash between December 11, 2013 and December 31, 2013, leaving an unpaid balance on this note of $24,500 at December 31, 2013. On August 28, 2014, the Company repaid in cash an additional $1,000 on the note, and on January 5, 2015, an additional principal payment was made in the amount of $1,500, leaving an unpaid balance at June 30, 2015 of $22,000. We evaluated this instrument for the existence of a beneficial conversion feature and determined that none existed. Convertible notes payable During the six months ended June 30, 2015, we borrowed AU$176,225 (about $136,187) from 28 accredited investors in Australia. These promissory notes can be converted into shares of our common stock at the rate of $0.01 per share (the aggregate of which shares convertible is 17,622,500). These notes are callable by the makers at any time and contain no interest provision. We imputed interest of $187 to the date of the merger (May 21, 2015) and $752 from May 22, 2015 to June 30, 2015. We evaluated these instruments for the existence of beneficial conversion features and determine that none existed. Short-term notes payable We borrowed AU$17,000 (about US$13,453) from two creditors in Australia. The debt is not evidenced by a promissory note and is callable by the maker at any time. These amounts are still outstanding at June 30, 2015.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2015
Notes to Financial Statements
Note 10 - Subsequent Events	We have evaluated subsequent events through the date of this report.

Basis of Presentation and Sum17

Basis of Presentation and Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2015
Basis Of Presentation And Summary Of Significant Accounting Policies Policies
Consolidated Financial Statements	In the opinion of management, the accompanying financial statements includes all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations, and cash flows for the period ending June 30, 2015. Preparing financial statements requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue, and expenses. Interim results are not necessarily indicative of results for a full year. The information included in this Form 10-Q should be read in conjunction with information included in our audited financial statements for the period ended December 31, 2014, as reported in Form 10-K filed with the Securities and Exchange Commission on July 9, 2015. Management further acknowledges 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) valid transactions are recorded; and 3) transactions are recorded in the proper period in a timely manner to produce financial statements which present fairly the financial condition, results of operations and cash flows of the Company for the respective periods being presented.
Principles of Consolidation	Our consolidated financial statements include the accounts of Roadships Holdings, Inc. and all majority-owned subsidiaries. All significant inter-company accounts and transactions are eliminated in consolidation.
Reverse Merger and Successor / Predecessor Presentation	On May 21, 2015, we acquired all the issued and outstanding shares of Click Evidence, Inc. (“Click”), an emerging growth company existing under the laws of the State of Arizona that has developed and owns a patent pending trustable imaging technology for smartphones (See Note 7). Because the shareholders of Click collectively control the Company immediately after the transaction, we deemed the transaction a reverse merger for accounting purposes. In a reverse merger, Click is considered the acquirer and Roadships Holdings is considered the acquiree. Therefore, financial history of Click is presented instead of that of Roadships Holdings, Inc. From May 21, 2015 forward, the financial statements are those of Roadships Holdings, Inc. with all previously reported subsidiary activity and including the activity of Click.
Property, Plant and Equipment	We record our property plant and equipment at historical cost. The estimated useful lives of these assets range from three to seven years and are depreciated using the straight-line method over the asset’s useful life.
Foreign Currency Risk	We currently have two subsidiaries operating in Australia. At June 30, 2015 and December 31, 2014, we had $2,512 and $500 Australian Dollars, respectively ($1,924 and $407 US Dollars, respectively) deposited into Australian banks.
Use of Estimates	The preparation of financial statements in conformity with generally accepted accounting principles 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. Actual results could differ from those estimates.
Net Loss Per Share	Basic and diluted net loss per share calculations are calculated on the basis of the weighted average number of common shares outstanding during the year. The per share amounts include the dilutive effect of common stock equivalents in years with net income. Basic and diluted loss per share is the same for the three and six months ended June 30, 2015 as the effect of our potential common stock equivalents would be anti-dilutive.
Recent Accounting Pronouncements	In June 2014, the FASB issued ASU No. 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

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	6 Months Ended
	Jun. 30, 2015
Property Plant And Equipment Tables
Schedule of Property, Plant and Equipment	Property, Plant and Equipment consists principally of office furniture and fixtures. Balances at June 30, 2015 and December 31, 2014 are as follows: 06/30/15 12/31/14 (Unaudited) (Audited) Office equipment $ 8,412 $ - Total fixed assets at cost 8,412 - Less: accumulated depreciation (942 ) - Net fixed assets $ 7,470 $ -

Business Combination (Tables)

Business Combination (Tables)	6 Months Ended
	Jun. 30, 2015
Business Combination Tables
Purchase consideration and assets and liabilities	Assets and liabilities of Click Evidence are as follows: Fair value of assets and liabilities obtained from Click Evidence Cash $ 10,597 Other current assets 2,000 Shareholder note payable (22,000 ) Net liabilities acquired $ (9,403 )
A summary of pro-forma financial information	A summary of pro-forma financial information for the years ended December 31, 2014 and 2013 are as follows: Year Ended December 31, 2014 2013 Total assets $ 32,072 $ 26,746 Total liabilities 260,133 83,039 Total stockholders' deficit (228,061 ) (56,293 ) Net loss (311,477 ) (27,286,649 ) Other comprehensive income (loss) 6,423 (11,325 ) Net comprehensive loss (305,054 ) (27,297,974 ) Weighted average shares outstanding (basic and diluted) 2,987,633,430 2,412,838,909 Net loss per share (basic and diluted) (0.00 ) (0.01 )

Segment Reporting (Tables)

Segment Reporting (Tables)	6 Months Ended
	Jun. 30, 2015
Segment Reporting Tables
Components of net loss	Both segments have yet to record revenues. Components of our net loss for the three and six months ended June 30, 2015 is as follows: Six Months Ended June 30, 2015 Technology Transport Total Operating expenses General and administrative $ 145,704 $ 64,752 $ 210,456 Depreciation 269 - 269 Total operating expenses 145,973 64,752 210,725 Operating income/(loss) (145,973 ) (64,752 ) (210,725 ) Other income/(expense) Interest expense (1,130 ) (3,488 ) (4,618 ) Total other (1,130 ) (3,488 ) (4,618 ) Net loss (147,103 ) (68,240 ) (215,343 ) Other comprehensive income (loss) Effect of foreign currency exchange - 65,565 65,565 Net comprehensive loss $ (147,103 ) $ (2,675 ) $ (149,778 ) Three Months Ended June 30, 2015 Technology Transport Total Operating expenses General and administrative $ 107,013 $ 64,752 $ 171,765 Depreciation 269 - 269 Total operating expenses 107,282 64,752 172,034 Operating income/(loss) (107,282 ) (64,752 ) (172,034 ) Other income/(expense) Interest expense (692 ) (3,488 ) (4,180 ) Total other (692 ) (3,488 ) (4,180 ) Net loss (107,974 ) (68,240 ) (176,214 ) Other comprehensive income (loss) Effect of foreign currency exchange - 65,565 65,565 Net comprehensive loss $ (107,974 ) $ (2,675 ) $ (110,649 )

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jun. 30, 2015
Debt Tables
Summary of debt	Our debt in certain debt categories went from $191,808 at December 31, 2014 to $377,994 at June 30, 2015 as follows: 12/31/14 06/30/15 Loans from related parties $ - $ 204,196 Convertible note payable, related party 23,500 22,000 Convertible notes payable - 134,951 Short-term notes payable - 16,847 $ 23,500 $ 377,994

Basis of Presentation and Sum22

Basis of Presentation and Summary of Significant Accounting Policies (Details Narrative) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Basis Of Presentation And Summary Of Significant Accounting Policies Details Narrative
Deposits in Bank	$ 1,924	$ 407

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - USD ($)	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Cash proceeds from shareholder loans	$ 31,100	$ 11,495
Cash payments to related parties	27,105	7,195
Accrued interest	2,362		$ 1,032
Interest payable	1,817		$ 0
Principal of related party	87,849
Interest of related party	905
Imputed interest expense	752	$ 963
Dr. Leonard [Member]
Company repaid an additional amount	1,500
Company still owes amount	$ 22,000

Capital (Details Narrative)

Capital (Details Narrative) - USD ($)	6 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Capital Details Narrative
Common stock, shares issued	2,987,633,430	1,184,906,041
Common stock, shares outstanding	2,987,633,430	1,184,906,041
Shares issued for services	6,156,179
Common stock payable		$ 26,667

Property, Plant and Equipment25

Property, Plant and Equipment (Details) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Total fixed assets at cost	$ 8,412
Less: accumulated depreciation	(942)	$ 0
Net fixed assets	7,470
Office Equipment
Total fixed assets at cost	$ 8,412

Business Combination (Details)

Business Combination (Details) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Fair value of assets and liabilities obtained from Click Evidence
Cash	$ 10,597
Other current assets	2,000
Shareholder note payable	(22,000)	$ (23,500)
Net liabilities acquired	$ (9,403)

Business Combination (Details 1

Business Combination (Details 1) - USD ($)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Business Combination Details 1
Total assets	$ 32,072	$ 26,746
Total liabilities	260,133	83,039
Total stockholders' deficit	(228,061)	(56,293)
Net loss	(311,477)	(27,286,649)
Other comprehensive income (loss)	6,423	(11,325)
Net comprehensive loss	$ (305,054)	$ (27,297,974)
Weighted average shares outstanding (basic and diluted)	2,987,633,430	2,412,838,909
Net loss per share (basic and diluted)	$ 0	$ (0.01)

Segment Reporting (Details)

Segment Reporting (Details) - USD ($)	3 Months Ended	6 Months Ended		12 Months Ended
	Jun. 30, 2015	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014	Dec. 31, 2013
Other income / (expense)
Interest expense		$ 752	$ 963
Net loss		(215,343)		$ (234,337)
Other comprehensive income (loss)
Effect of foreign currency exchange		65,565
Net comprehensive loss				$ (305,054)	$ (27,297,974)
Successor [Member]
Operating expenses
General and administrative	$ 171,765	210,456
Depreciation	269	269
Total operating expenses	172,034	210,725
Operating income / (loss)	(172,034)	(210,725)
Other income / (expense)
Interest expense	(4,180)	(4,618)
Total other	(4,180)	(4,618)
Net loss	(176,214)	(215,343)
Other comprehensive income (loss)
Effect of foreign currency exchange	65,565	65,565
Net comprehensive loss	(110,649)	(149,778)
Technology
Operating expenses
General and administrative	107,013	145,704
Depreciation	269	269
Total operating expenses	107,282	145,973
Operating income / (loss)	(107,282)	(145,973)
Other income / (expense)
Interest expense	(692)	(1,130)
Total other	(692)	(1,130)
Net loss	$ (107,974)	$ (147,103)
Other comprehensive income (loss)
Effect of foreign currency exchange
Net comprehensive loss	$ (107,974)	$ (147,103)
Transport
Operating expenses
General and administrative	$ 64,752	$ 64,752
Depreciation
Total operating expenses	$ 64,752	$ 64,752
Operating income / (loss)	(64,752)	(64,752)
Other income / (expense)
Interest expense	(3,488)	(3,488)
Total other	(3,488)	(3,488)
Net loss	(68,240)	(68,240)
Other comprehensive income (loss)
Effect of foreign currency exchange	65,565	65,565
Net comprehensive loss	$ (2,675)	$ (2,675)

Debt (Details)

Debt (Details) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Debt Details
Loans from related parties	$ 204,196
Convertible note payable, related party	22,000	$ 23,500
Convertible notes payable	134,951
Short-term notes payable	16,847
Total Debt	$ 377,994	$ 23,500

Debt (Details Narrative)

Debt (Details Narrative) - USD ($)	6 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Convertible note payable, related party	$ 22,000	$ 23,500
Twenty Second Trust [Member]
Amount owed	17,966
Borrowed	31,100
Repaid in principal	27,105
Accrued interest	2,362
Interest payments	1,817
Indebted principal amount	87,849
Indebted interest amount	905
Roadships Holdings, Inc. [Member]
Unpaid principal amount	98,281
Unpaid interest	2,756
Accrued interest	2,460	$ 296
From 28 accredited investors [Member]
Borrowed	136,187
Creditors [Member]
Borrowed	$ 13,453