UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-Q/A
(Mark One)
[X]
Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the quarterly period ended February 28, 2013
-OR-
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Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from ________ to ________.
Commission File Number: 333-170312
RJD Green, Inc.
(Exact name of registrant as specified in its charter)
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Nevada |
| 27-1065441 |
(State or other jurisdiction of incorporation or organization) |
| (I.R.S. Employer Identification Number) |
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4 Robert Speck Parkway, Suite 1500 |
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Mississauga, Ontario, Canada L4Z 1S1 |
| 647-244-7378 |
(Address of Principal Executive Offices) |
| (Registrant's telephone number) |
Securities registered pursuant to Section 12(b) of the Act: None
Securities registered pursuant to section 12(g) of the Act: None
Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes [ ] No [x]
Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Exchange Act. Yes [ ] No [x]
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
Yes [x] No [ ]
Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§ 229.405 of this chapter) during the proceeding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes [x] No [ ]
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or 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. Rule 12b-2 of the Exchange Act. (Check one):
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Large accelerated filer [ ] |
| Accelerated filer [ ] |
Non-accelerated filer [ ] |
| Smaller reporting company [x] |
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes [ ] No [x]
The number of outstanding shares of the registrant’s common stock, May 22, 2013:
Common Stock – 37,750,000
DOCUMENTS INCORPORATED BY REFERENCE
None.
EXPLANATORY NOTE
This amendment to the Form 10-Q filed with the Securities and Exchange Commission on April 12, 2013 is being filed solely to provide the XBRL exhibits.
Pursuant to SEC rules, we have included currently dated certifications from our chief executive officer and our chief financial officer as required by Sections 302 and 906 of the Sarbanes-Oxley Act of 2002.
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Table of Contents | ||
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Part I. | Financial Information |
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Item 1. | Financial Statements (Unaudited) |
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| Consolidated Balance Sheets as of February 28, 2013 (Unaudited) and August 31, 2012 (Audited) | 4 |
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| Unaudited Consolidated Statements of Operations - |
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| For the Three and Six Months Ended February 28, 2013 and February 29, 2012 | 5 |
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| Unaudited Consolidated Statements of Cash Flows - |
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| For the Six Months Ended February 28, 2013 and February 29, 2012 | 6 |
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| Notes to unaudited Consolidated Financial Statements - | 7 |
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Item 2. | Management’s Discussion and Analysis of Financial Condition and Results of Operations. | 12 |
Item 3. | Quantitative and Qualitative Disclosures about Market Risk | 14 |
Item 4. | Controls and Procedures | 14 |
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Part II. | Other Information |
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Item 1. | Legal Proceedings | 17 |
Item 1a. | Risk Factors | 17 |
Item 2. | Unregistered Sales of Equity Securities and Proceeds | 17 |
Item 3. | Defaults Upon Senior Securities | 17 |
Item 4. | Mine Safety Disclosure | 17 |
Item 5. | Other Information | 17 |
Item 6. | Exhibits | 17 |
| Signatures | 18 |
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RJD GREEN INC
(A DEVELOPMENT STAGE COMPANY)
BALANCE SHEETS
February 28, 2013
| February 28, 2013 | August 31, 2012 |
Assets: | (Unaudited) | (Audited) |
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Current Assets: |
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Cash | $ 1,423 | $ 2,754 |
Total Assets | $ 1,423 | $ 2,754 |
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Liabilities and Shareholders' Equity: |
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Current Liabilities: |
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Due to related party | $ 25,980 | $ 20,980 |
Total Liabilities | $ 25,980 | $ 20,980 |
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Shareholders' Equity; |
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Common Stock, 500,000,000 shares authorized (par value $.00002) and 37,750,000 shares issued and outstanding as of February 28, 2013 (Unaudited) and August 31, 2012, respectively | $ 755 | $ 755 |
Additional paid in capital | 20,520 | 20,520 |
Discount on Common Stock | (275) | (275) |
Accumulated Deficit | (45,557) | (39,226) |
| (24,557) | (18,226) |
Total Liabilities and Shareholders' Deficit | $ 1,423 | $ 2,754 |
The accompanying notes are an integral part of these unaudited financial statements.
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RJD GREEN INC
(A DEVELOPMENT STAGE COMPANY)
STATEMENTS OF OPERATIONS
February 28, 2013
| Three Months Ended Feb. 28, 2013 | Three Months Ended Feb 29, 2012 | Six Months Ended Feb 28, 2013 | Six Months Ended Feb 29, 2012 | Cumulative from Sept 10, 2009 ( the date of inception) to Feb. 28, 2013 |
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Revenue | $ 500 | $ - | $ 500 | $ - | $ 500 |
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Operating Expenses: |
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Organization Fees | - | - | - | 325 | 3,507 |
Filing Fees | - | - | 500 | - | 923 |
Legal and audit | - | - | 1,985 | - | 8,251 |
Professional Services | 3,098 | 836 | 4,298 | 2,512 | 32,790 |
Bank Fees | 32 | 32 | 48 | 64 | 402 |
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Total Operating Expenses: | $ 3,130 | $ 868 | $ 6,831 | $ 2,901 | $ 45,873 |
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Income ( Loss) before income taxes | (2,630) | (868) | (6,331) | (2,901) | (45,373) |
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Provision for income taxes | - | - | - | - | - |
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Net loss | $ (2,630) | $ (868) | $ (6,331) | $ (2,901) | $ (45,373) |
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Net loss per share ( basic and diluted) | (0.00) | (0.00) | (0.00) | (0.00) |
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Weighted average common shares ( basic and diluted) | 37,750,000 | 15,990,150 | 37,750,000 | 15,990,150 |
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The accompanying notes are an integral part of these unaudited financial statements.
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RJD GREEN INC
(A DEVELOPMENT STAGE COMPANY)
STATEMENTS OF CASH FLOWS
February 28, 2013
| For the Six-Months Ending Feb 28, 2013 | For the Six Months Ending Feb 29, 2012 | Cumulative since September 10, 2009 ( inception) to Feb 28, 2013 |
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Cash Flows From Operating Activities |
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Net loss | $ (6,331) | $ (2,901) | $ (45,557) |
Net Cash used in operations | $ (6,331) | $ (2,901) | $ (45,557) |
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Cash Flows From Financing Activities |
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Issuance of Common Stock | - | - | 21,000 |
Borrowing from a related party | 5,000 | 3,467 | 25,980 |
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Net cash provided by financing activities | $ 5,000 | 3,467 | 46,980 |
Net increase (decrease) | (1,331) | 566 | 1,423 |
Cash at the Beginning of the Period: | $ 2,754 | $ 1,466 | $ - |
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Cash at the End of the Period | $ 1,423 | $ 2,032 | $ 1,423 |
The accompanying notes are an integral part of these unaudited financial statements
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RJD GREEN INC
(A DEVELOPMENT STAGE COMPANY)
Notes to the Financial Statements
NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS
RJD Green Inc. (the "Company") was incorporated under the laws of the State of Nevada on September 10, 2009 and has been inactive since inception. The Company intends to develop an Internet based e-commerce venture.
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
BASIS OF PRESENTATION - DEVELOPMENT STAGE COMPANY AND GOING CONCERN
The Company has not earned any revenue from operations since inception. Accordingly, the Company’s activities have been accounted for as those of a "Development Stage Enterprise" as set forth in ASC 915, "Development Stage Entities." Among the disclosures required by ASC 915, are that the Company’s financial statements be identified as those of a development stage company, and that the statements of operations, stockholders' equity and cash flows disclose activity since the date of the Company's inception.
The Company sustained operating losses and accumulated deficit of $45,557 as of February 28, 2013. The Company’s continuation as a going concern is dependent on its ability to generate sufficient cash flows from operations to meet its obligations and/or obtain additional financing, as may be required.
The accompanying unaudited condensed financial statements have been prepared assuming that the Company will continue as a going concern; however, the above condition raises substantial doubt about the Company’s ability to do so. The financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classifications of liabilities that may result should the Company be unable to continue as a going concern.
The unaudited condensed interim financial statements have been prepared by us pursuant to the rules and regulations of the Securities and Exchange Commission. The information furnished herein reflects all adjustments (consisting of normal recurring accruals and adjustments) which are, in the opinion of management, necessary to fairly present the operating results for the respective periods. Certain information and footnote disclosures normally present in annual financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been omitted pursuant
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to such rules and regulations. These financial statements should be read in conjunction with the audited financial statements and notes for the year ended August 31, 2012 included in our Annual Report on Form 10-K. The results of the six month periods ended February 28, 2013 are not necessarily indicative of the results to be expected for the full year ending August 31, 2013.
USE OF ESTIMATE
The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements, and reported amounts of revenue and expenses during the reporting period. Actual results could differ materially from those estimates.
CASH AND CASH EQUIVALENTS
Cash and cash equivalents include cash on hand and on deposit at banking institutions as well as all highly liquid short-term investments with original maturities of 90 days or less. The Company did not have cash equivalents as of February 28, 2013 and August 31, 2012, respectively.
FAIR VALUE OF FINANCIAL INSTRUMENTS
The Financial Accounting Standards Board (FASB) issued Accounting Standards Codification (ASC) 820-10, (formerly SFAS No.157), “Fair Value Measurements and Disclosures" for financial assets and liabilities. FASB ASC 820-10 provides a framework for measuring fair value and requires expanded disclosures regarding fair value measurements. FASB ASC 820-10 defines fair value as the price that would be received for an asset or the exit price that would be paid to transfer a liability in the principal or most advantageous market in an orderly transaction between market participants on the measurement date. FASB ASC 820-10 also establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs, where available.
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Level 1: Quoted prices in active markets for identical assets or liabilities.
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Level 2: Observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the related assets or liabilities.
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Level 3: Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities.
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RECENT ACCOUNTING PRONOUNCEMENTS – Adopted
In May 2011, the FASB issued ASU 2011-04, "Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and International Financial Reporting Standards (IFRS) of Fair Value Measurement Topic 820." ASU 2011-04 is intended to provide a consistent definition of fair value and improve the comparability of fair value measurements presented and disclosed in financial statements prepared in accordance with U.S. GAAP and IFRS. The amendments include those that clarify the FASB's intent about the application of existing fair value measurement and disclosure requirements, as well as those that change a particular principle or requirement for measuring fair value or for disclosing information about fair value measurements. This update is effective for annual and interim periods beginning after December 15, 2011. Adoption of the new amendment did not have a material effect on the Company’s financial statements.
INCOME TAXES
Under ASC 740, "Income Taxes", deferred tax assets and liabilities are recognized for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Valuation allowances are established when it is more likely than not that some or all of the deferred tax assets will not be realized.
LOSS PER COMMON SHARE
Basic loss per common share excludes dilution and is computed by dividing net loss by the weighted average number of common shares outstanding during the period. Diluted loss per common share reflect the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the loss of the entity. As of February 28, 2013 and August 31, 2012, there are no outstanding dilutive securities.
NOTE 3 DUE TO RELATED PARTIES AND RELATED PARTY TRANSACTIONS
The Company received funds from related parties from inception to February 28, 2013 of $25,980 and the amount due do not bear interest and is due on demand.
The Company neither owns nor leases any real or personal property. An officer of the corporation provides office space without charge to the Company.
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NOTE 4 COMMON STOCK
The Company is currently issuing only one class of common stock, and this has been issued at two different prices since inception. The Company is authorized to issue 500,000,000 shares of common stock.
As of February 28, 2013, 37,750,000 shares of common stock were issued and outstanding. There were no shares issued during the six months ended February 28, 2013.
On October, 2009, there were 200,000 shares issued at $0.01 per share for $2,000 in cash, resulting in additional paid-in capital of $1,800.
On April, 2010, there were 275,000 shares issued to the owner at a discount of $275 as founder’s shares.
On May, 2010, there were 100,000 shares issued at $0.01 per share for $1,000 in cash, resulting in additional paid-in capital of $900.
On August, 2010, there were 130,000 shares issued at $0.10 per share for $13,000 in cash, resulting in additional paid-in capital of $12,870.
On September, 2010, there were 50,000 shares issued at $0.10 per share for $5,000 in cash, resulting in additional paid-in capital of $4,950.
On November 30, 2012, the Company effectuated a fifty to one forward stock split. All shares presented in these financial statements and accompanying footnotes has been retroactively adjusted to reflect the increased number of shares resulting from this action.
NOTE 5 INCOME TAXES
The items accounting for the difference between income taxes computed at the federal statutory rate and the benefit for income taxes were as follow:
| February 28, 2013 |
| August 31, 2012 |
Provision computed at federal statutory rate | 34.00% |
| 34.00% |
State tax, net of federal tax benefit | 0.00% |
| 0.00% |
Valuation allowance | -34.00% |
| -34.00% |
Effective income tax rate | 0.00% |
| 0.00% |
Deferred tax assets resulting from the net operating losses are reduced by a valuation allowance, when, in the opinion of management, utilization is not reasonably assured. The following summarizes the deferred tax assets as of February 28, 2013 and August 31, 2012:
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| February 28, 2013 |
| August 31, 2012 |
Deferred tax asset- NOL | $ | (15,510) | $ | (9,179) |
Less: valuation allowance |
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| (9,179) |
Net deferred tax asset | $ | - | $ | - |
Due to a potential change in ownership under IRC 382, the amount of net operating loss that the Company may utilize in a future year may be limited under IRC Section 382.
The Company periodically evaluates the likelihood of the realization of deferred tax assets, and adjusts the carrying amount of the deferred tax assets by a valuation allowance to the extent the future realization of the deferred tax assets is not judged to be more likely than not.
The Company considers many factors when assessing the likelihood of future realization of our deferred tax assets, including recent cumulative earnings experience by taxing jurisdiction, expectations of future taxable income or loss, the carry-forward periods available to us for tax reporting purposes, and other relevant factors.
At February 28, 2013, based on the weight of available evidence, including cumulative losses in recent years and expectations of future taxable income, the Company determined that it was more likely than not that its deferred tax assets would not be realized. Accordingly, the Company has recorded a valuation allowance equivalent to 100% of its cumulative deferred tax assets.
As a result of the implementation of certain provisions of ASC 740 the Company performed an analysis of its previous tax filings and determined that there were no positions taken that it considered materially uncertain. Therefore, there was no provision for uncertain tax positions for the six months ended February 28, 2013 and for the year ended August 31, 2012. Future changes in uncertain tax positions are not expected to have an impact on the effective tax rate due to the existence of the valuation allowance.
NOTE 6 SUBSEQUENT EVENTS
On March 18, 2013, the Company issued 175,000,000 common shares to Zahoor Ahmad for the conversion of debt payable to a related party. The issuance resulted in a change of control of the Company,
Effective March 21, 2013, the Company effectuated an increase in the authorized common shares from 500,000,000 to 750,000,000 common shares.
With a record date of March 21, 2013 and a payment date of April 3, 2013, the Company effectuated a 2 for 1 forward stock split increasing the outstanding shares of the Company to 425,500,000 common shares.
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Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations.
Trends and Uncertainties
There are no known trends, events or uncertainties that have or are reasonably likely to have a material impact on the registrant’s short term or long term liquidity. Sources of liquidity both internal and external will come from the sale of the registrant’s services and products as well as the private sale of the registrant’s stock. There are no trends, events or uncertainties that have had or are reasonably expected to have a material impact on the net sales or revenues or income from continuing operations. There are no significant elements of income or loss that do not arise from the registrant’s continuing operations. There are no known causes for any material changes from period to period in one or more line items of the registrant’s financial statements.
Results of Operations
For the three months ended February 28, 2013, we received revenues of $500. We paid $3,098 for professional services and $32 in bank fees. As a result, we had net loss of $2,630 for the three months ended February 28, 2013.
In comparison, for the three months ended February 29, 2012, we did not receive any revenues. We had professional services fees of $836 and bank fees of $32. As a result, we had net loss of $868 for the three months ended February 29, 2012.
For the six months ended February 28, 2013, we received revenues of $500. We paid $500 in filing fees, $1,985 in legal and audit fees, $4,298 for professional services, and bank fees of $48. As a result, we had net loss of $6,331 for the six months ended February 28, 2013.
In comparison, for the six months ended February 29, 2012, we did not receive any revenues. We had organization fees of $325, professional services expenses of $2,512, and bank fees of $64. As a result, we had net loss of $2,901 for the six months ended February 29, 2012.
The 303% increase in net loss for the three months ended February 28, 2013 compared to the three months ended February 29, 2012, and the 218.2% increase in net loss for the six months ended February 28, 2013 compared to the six months ended February 29, 2012 were caused primarily by the increase in professional services during this period. These professional services expenses were accrued as a result of the reporting requirements for a public company.
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Critical Accounting Policies and Estimates
Our critical accounting policies are disclosed in our S-1 Registration Statement. During the three months ended February 28, 2013 there have been no significant changes in our critical accounting policies.
Recent Accounting Pronouncements
Recent accounting pronouncements are disclosed in our S-1 registration statement, which was deemed effective with the Securities and Exchange Commission on October 7, 2011. During the three and six months ended February 28, 2013 there have been no new accounting pronouncements which are expected to significantly impact our consolidated financial statements.
Liquidity and Capital Resources
For the period from September 10, 2009 (inception) through February 28, 2013, we have not conducted any investing activities.
For the six months ended February 28, 2013, we received $5,000 from a related party, resulting in net cash provided by financing activities of $5,000 for the period.
For the six months ended February 29, 2012, we received $3,467 from a related party, resulting in net cash provided by financing activities of $3,467 for the period.
The registrant has $1,423 in cash. The investigation of prospective financing candidates involves the expenditure of capital. The registrant will likely have to look to its sole officer, Zahoor Ahmad, or to third parties for additional capital. There can be no assurance that the registrant will be able to secure additional financing or that the amount of any additional financing will be sufficient to conclude its business objectives or to pay ongoing operating expenses.
In the past, the prior sole officer and director, Robert Kepe provided any cash needed for operations, including any cash needed for the recent public offering. To date, Mr. Kepe has lent the registrant $25,980. This debt was converted into common shares on March 18 2013.
Our new sole officer and director intends to lend the registrant additional capital to pay the accounts payable and to cover any additional reporting costs, but has no obligation to do so.
If Mr. Ahmad is unable to lend additional funds to the registrant in the event that registrant needs additional funds, we may need to deploy a plan to sell additional shares or look to a third party to lend funds to the registrant. If the registrant is to borrow funds
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from a third party, the terms and conditions of such a loan will most likely not be on terms as favorable as the terms offered by Mr. Ahmad. If we are unable to address our liquidity issues, there is a great chance that the registrant will not have adequate funding to continue its business plan and will thus, fail.
On January 20, 2013, the registrant commenced operations as a consultant and website raising awareness of green and efficient building materials and concepts. Currently, their website is live and operational. Furthermore, the registrant has generated revenues from its consulting services to contractors and builders. We currently only have $1,423. Therefore, the cash currently available to us may not enable us to continue to market the site to the state in which it will optimally be able to generate material revenues. If we are to generate material revenues prior to needing any additional funding, we will immediately reinvest such revenues into further development our site and deployment of our business plan. We believe that the cash we have available will sustain us for approximately three (3) more months so long as we continuing operating in the manner that we are currently operating.
Item 3. Quantitative and Qualitative Disclosures about Market Risk
Not applicable for smaller reporting companies.
Item 4. Controls and Procedures
During the period ended February 28, 2013, there were no changes in our internal controls over financial reporting (as defined in Rule 13a-15(f) and 15d-15(f) under the Exchange Act) that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.
Evaluation of Disclosure Controls and Procedures
Under the supervision and with the participation of our management, including our chief executive officer and principal financial officer, we conducted an evaluation of our disclosure controls and procedures, as such term is defined under Rule 13a-15(e) and Rule 15d-15(e) promulgated under the Securities Exchange Act of 1934, as amended, as of February 28, 2013. Based on this evaluation, our chief executive officer and principal financial officers have concluded such controls and procedures to not be effective as of February 28, 2013 to ensure that information required to be disclosed by the issuer in the reports that it files or submits under the Act is recorded, processed, summarized and reported, within the time periods specified in the Commission’s rules and forms and to ensure that information required to be disclosed by an issuer in the reports that it files or submits under the Act is accumulated and communicated to the issuer’s management, including its principal executive and principal financial officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.
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Our management is responsible for establishing and maintaining adequate internal control over financial reporting. Our internal control over financial reporting is the process designed by and under the supervision of our chief executive officer and chief financial officer, or the persons performing similar functions, to provide reasonable assurance regarding the reliability of our financial reporting and the preparation of our financial statements for external reporting in accordance with accounting principles generally accepted in the United States of America. These officers have evaluated the effectiveness of our internal control over financial reporting using the criteria set forth by the Committee of Sponsoring Organizations of the Treadway Commission in Internal Control over Financial Reporting – Guidance for Smaller Public Companies.
Our chief executive officer and chief financial officer have assessed the effectiveness of our internal control over financial reporting as of February 28, 2013 and concluded that it was not effective because of the material weakness described below:
In connection with the preparation of our consolidated financial statements for the period ended February 28, 2013, due to resource constraints, material weaknesses became evident to management regarding our inability to generate all the necessary disclosure for inclusion in our filings with the Securities and Exchange Commission due to the lack of resources and segregation of duties. A material weakness is a significant deficiency in one or more of the internal control components that alone or in the aggregate precludes our internal controls from reducing to an appropriately low level the risk that material misstatements in our consolidated financial statements will not be prevented or detected on a timely basis.
We will aggressively recruit experienced professionals to ensure that we include all necessary disclosures in our filings with the Securities and Exchange Commission. Although we believe that this corrective step will enable management to conclude that the internal controls over our financial reporting are effective when the staff is trained, we cannot assure you these steps will be sufficient. We may be required to expend additional resources to identify, assess and correct any additional weaknesses in internal control.
This quarterly report does not include an attestation report of our registered public accounting firm regarding internal control over financial reporting. Management’s report was not subject to attestation by the registrant’s registered public accounting firm pursuant to rules of the Securities and Exchange Commission that permit the registrant to provide only management’s report in this annual report.
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Evaluation of Changes in Internal Control over Financial Reporting
Our chief executive officer and chief financial officer have evaluated changes in our internal controls over financial reporting that occurred during the period ended February 28, 2013. Based on that evaluation, our chief executive officer and chief financial officer, or those persons performing similar functions, did not identify any change in our internal control over financial reporting that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.
Important Considerations
The effectiveness of our disclosure controls and procedures and our internal control over financial reporting is subject to various inherent limitations, including cost limitations, judgments used in decision making, assumptions about the likelihood of future events, the soundness of our systems, the possibility of human error, and the risk of fraud. Moreover, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions and the risk that the degree of compliance with policies or procedures may deteriorate over time. Because of these limitations, there can be no assurance that any system of disclosure controls and procedures or internal control over financial reporting will be successful in preventing all errors or fraud or in making all material information known in a timely manner to the appropriate levels of management.
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Part II. Other Information
Item 1. Legal Proceeding
The registrant is not a party to, and its property is not the subject of, any material pending legal proceedings.
Item 1A. Risk Factors
Not applicable to smaller reporting companies.
Item 2. Unregistered Sales Of Equity Securities and Use of Proceeds
None
Item 3. Defaults Upon Senior Securities
None
Item 4. Mine Safety Disclosures
Not Applicable
Item 5. Other Information
None
Item 6. Exhibits
The following documents are filed as a part of this report:
Exhibit 31* - Certifications pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
Exhibit 32* - Certifications pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
101.INS** XBRL Instance Document
101.SCH** XBRL Taxonomy Extension Schema Document
101.CAL** XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF** XBRL Taxonomy Extension Definition Linkbase Document
101.LAB** XBRL Taxonomy Extension Label Linkbase Document
101.PRE** XBRL Taxonomy Extension Presentation Linkbase Document
* Filed herewith
**XBRL (Extensible Business Reporting Language) information is furnished and not filed or a part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, is deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and otherwise is not subject to liability under these sections.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
RJD Green, Inc.
/s/ Zahoor Ahmad
Zahoor Ahmad
Chief Executive Officer
Chief Financial Officer
Dated: May 22, 2013
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