4M Carbon Fiber (FMCF) 10-Q 20 Dec 17 2017 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	6 Months Ended
	Jun. 30, 2017	Nov. 30, 2017
Document and Entity Information:
Entity Registrant Name	Woodland Holdings Corp
Document Type	10-Q
Document Period End Date	Jun. 30, 2017
Trading Symbol	woodl
Amendment Flag	false
Entity Central Index Key	1,635,965
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		72,862,710
Entity Public Float	$ 42,397,403
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016
Assets
Cash	$ 112,064	$ 50,993	$ 48,942
Accounts receivables, net of allowance for doubtful accounts of $0 and $0, respectively	8,576	0
Assets of discontinued operations	0	8,769
Prepaid Expense, Current	150,000	150,000
Total current assets	270,640	209,762
Computer Hardware	2,332	2,332
Equipment	696,025	599,538
Website and presentation templates	12,825	12,825
Leasehold improvments	96,605	96,605	$ (46,022)
Total fixed assets	807,787	711,300
Accumulated depreciation and amortization	(81,049)	(57,389)
Property and equipment, net of accumulated depreciation	726,738	653,911
Total assets	997,378	863,673
Liabilities and Stockholders' Deficit
Accounts payable	23,898	155,049
Accrued expenses and other liabilities	36,496	17,503
Liabilities of discontinued operations	0	33,932
Deferred sales	11,368	0
Notes payable - related parties	200,583	583
Current portion of notes payable	428,000	428,000
Total current liabilities	700,345	635,067
Total liabilities	700,345	635,067
Stockholders' deficit:
Preferred Stock, par $0.0001; Authorized 25,000 shares, none issued and outstanding	0	0
Common stock, $0.0001 par value, Authorized 250,000,000 shares, 70,662,339 and 4,655,338 shares issued and outstanding at June 30, 2017 and December 31, 2016, respectively	7,066	466
Additional paid-in capital	1,357,896	699,535
Subscriptions receivable	(104,400)	0
Treasury Stock, at cost, 3,664,641 and -0- shares respectively	(100,000)	0
Retained earnings	(863,529)	(471,395)
Total stockholders' deficit	297,033	228,606
Total liabilities and stockholders' deficit	$ 997,378	$ 863,673

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2017	Dec. 31, 2016
Stockholders equity:
Preferred Stock, par value	$ 0.0001	$ 0.0001
Preferred Stock, authorized	25,000	25,000
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, authorized shares	250,000,000	250,000,000
Common stock, issued shares	70,662,339	4,655,338
Common stock, outstanding shares	70,662,339	4,655,338
Treasury Stock	3,664,641	0

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Income Statement
Revenue	$ 106,186	$ 0	$ 154,206	$ 0
Cost of Revenue
Cost of Services	161,780	172,515	379,145	299,947
Depreciation	7,000	0	14,001	0
Cost of Revenue	168,780	172,515	363,146	299,947
Gross Profit(Loss)	(62,594)	(172,515)	(208,940)	(299,947)
Operating Expenses
General and administrative	79,022	38,303	149,345	69,710
Depreciation and amortization	4,829	0	9,658	0
Total Operating Expenses	83,851	38,303	159,003	69,710
(Loss)/Gain from continuing operations	(146,445)	(210,818)	(367,943)	(369,657)
Other Income (Expense)
Interest	9,549	3,918	18,993	4,298
Net income (loss) from discontinued operations	(5,198)	(20,079)
Total Other Income (Expense)	9,549	3,918	24,191	4,298
Net Income (loss)	$ (155,994)	$ (214,736)	$ (392,134)	$ (373,955)
Earnings Per Share
Earnings Per Share, Basic and Diluted	$ 0	$ (0.05)	$ (0.01)	$ (0.08)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Cash flows from operating activities:
Net income (loss)	$ (155,994)	$ (214,736)	$ (392,134)	$ (373,955)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization	4,829	0	23,659	0
Increases/decreases in operating assets and liabilities
Accounts receivable			(8,576)
Recognition of Deferred Revenue			11,368
Prepaid expenses and other assets				(12,825)
Accounts payable and accrued expenses			(106,959)	75,634
Changes in assets and liabilities of discontinued operations			0	0
Net cash (used) in/provided by operating activities			(472,642)	(311,146)
Cash flows from investing activities:
Aquistion of treasury stock			(100,000)	0
Purchase of property and equipment			(96,487)
Leasehold improvements			0	(46,022)
Net cash provided by (used) in investing activities			(196,487)	(46,022)
Cash flows from financing activities:
Proceeds from (Repayments of) Notes Payable				200,000
Proceeds from Contributed Capital			190,000	175,000
Proceeds from (Repayments of) Related Party Debt			200,000
Proceeds from Issuance of Common Stock			340,200
Net cash (used) in or provided by financing activities			730,200	375,000
Net change in cash			61,071	17,832
Cash, beginning of period			50,993	31,110
Cash, end of period	$ 112,064	$ 48,942	$ 112,064	$ 48,942

Nature of Business and History

Nature of Business and History of The Company	6 Months Ended
	Jun. 30, 2017
Notes
Nature of Business and History of The Company	1. Organization and Nature of Operations Organization The Company was incorporated in the State of Delaware, on January 21, 2009 as a wholly owned subsidiary of CornerWorld Corporation (“CWC”), a Nevada corporation publicly traded on the OTCQB exchange. The Company was setup as a holding company for three telecommunications services subsidiaries. It recently disposed of these operations when it simultaneously entered into a Stock Purchase Agreement, dated March 31, 2017 (the “Agreement”), with 4M Industrial Oxidation, LLC, a Tennessee limited liability company (“4MIO”), pursuant to which 4MIO purchased from the Selling Stockholders an aggregate of 3,664,641 shares of common stock, par value $0.01 per share (the “Common Stock”), of the Company, representing approximately 78.7% of the issued and outstanding shares of Common Stock of the Company. The foregoing sale of Common Stock by the Selling Shareholders resulted in a change in control of the Company. Subsequently, on April 6, 2017, Woodland acquired one hundred percent (100%) of the outstanding membership interests of 4MIO which became a wholly owned subsidiary. The acquisition had an effective date of April 1, 2017. The Company while fully reporting to the Securities Exchange Commission (SEC), is in the process of submitting to the Financial Industry Regulatory Agency (“FINRA”) the required documentation to obtain a “ticker” symbol and begin trading on the Over the Counter QB (“OTCQB”) market. Operations 4M Industrial Oxidation, LLC, a Knoxville, Tennessee based carbon-fiber technology company holds the exclusive rights to commercialize an atmospheric plasma oxidation process that was co-developed by the Oak Ridge National Laboratory and RMX Technologies, LLC. The technology, which is patent and trade secret protected until 2032, has the potential to reduce the cost of carbon fiber. The Company believes its product will be superior in a number of aspects to fiber produced using current processes. The Company has partnered with C.A. Litzler & Co., Inc., a global leader in manufacturing carbon fiber production systems, to produce a 175 ton per year plasma oxidation oven. 4M and Litzler will jointly design and manufacture plasma oxidation ovens, with Litzler marketing and selling the integrated systems. 4M will manufacture the plasma subsystems for integration into jointly designed ovens. 4M is currently negotiating with carbon fiber manufacturers regarding oven sales and associated technology royalties. 4M expects to generate revenue during the commercialization stage by demonstrating the technology to new and existing carbon fiber makers. Revenues from plasma oxidation oven sales and technology royalties are expected to increase in the coming years. Change of Control In conjunction with the above referenced Transactions and the disposition of the Subsidiaries, the Company accepted the resignation of Scott N. Beck as the Company’s Chairman of the Board and Chief Executive Officer, Marc Blumberg as a Director and V. Chase McCrea III as the Company’s Chief Financial Officer, effective upon closing. Effective with the above resignations, the outgoing board appointed Joshua Kimmel as director and Chief Executive Officer. Subsequently, on closing the acquisition of 4M, Rodney Grubb was appointed as President, Chief Operating Officer and a director, Truman Bonds was appointed as Chief Technology Officer and a director, Erwin Vahlsing, Jr. was appointed as Chief Financial Officer, and Douglas Mentzer was appointed a director. As part of his resignation, Mr. Beck relinquished his security interest in the Company’s assets, pursuant to that certain Promissory Note dated as of March 30, 2011, between CWC and Mr. Beck (the “Note”). Mr. Beck also released the Company from responsibility for any accrued but unpaid interest and late fees accrued on the Note.

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2017
Notes
Basis of Presentation	1. Basis of Presentation Interim Unaudited Condensed Consolidated Financial Statements The unaudited interim condensed consolidated financial statements of Woodland Holdings Corporation (the “Company,” “Woodland,” “we,” “our” or “us”) as of June 30, 2017 and for the three-month and six-month periods ended June 30, 2017 and 2016 contained in this Quarterly Report (collectively, the “Unaudited Interim Condensed Consolidated Financial Statements”) were prepared in accordance with accounting principles generally accepted in the United States (U.S. GAAP) for all periods presented. The results of operations for the three-month and six-month periods ended June 30, 2017 are not necessarily indicative of the results that may be expected for the entire fiscal year. The accompanying Unaudited Interim Condensed Consolidated Financial Statements have been prepared in accordance with the regulations for interim financial information of the Securities and Exchange Commission (the “SEC”). Accordingly, they do not include all of the disclosures required by U.S. GAAP for complete financial statements. In the opinion of management, the unaudited accompanying statements of financial condition and related interim statements of operations, cash flows, and stockholders’ deficit include all adjustments (which consist only of normal and recurring adjustments) considered necessary for a fair presentation in conformity with U.S. GAAP. These Unaudited Interim Condensed Consolidated Financial Statements should be read in conjunction with the Woodland Holdings consolidated financial statements as of and for the year ended December 31, 2016, as filed with the SEC on Form 10-K. Going Concern These accompanying unaudited condensed consolidated financial statements have been prepared on a going concern basis, which implies that the Company will continue to realize its assets and discharge its liabilities in the normal course of business. As of June 30, 2017, the Company had an accumulated deficit of $863,529 and negative working capital of $429,705. The continuation of the Company as a going concern is dependent upon the continued financial support from its management, and its ability to identify future investment opportunities and obtain the necessary debt or equity financing, and generating profitable operations from the Company’s future operations. However, there can be no assurance that these arrangements will be sufficient to fund its ongoing capital expenditures, working capital, and other cash requirements. The outcome of these matters cannot be predicted at this time. These factors raise substantial doubt regarding the Company’s ability to continue as a going concern. These accompanying unaudited condensed consolidated financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern

Reclassifications

Reclassifications	6 Months Ended
	Jun. 30, 2017
Notes
Reclassifications	Reclassification Certain reclassifications have been made to conform the prior period data to the current presentation. These reclassifications had no effect on reported net loss.

Basis of Consolidation

Basis of Consolidation	6 Months Ended
	Jun. 30, 2017
Notes
Basis of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of the Company and its wholly owned subsidiary 4M Industrial Oxidation, LLC. All significant inter-company transactions are eliminated.

Cash and Cash Equivalents

Cash and Cash Equivalents	6 Months Ended
	Jun. 30, 2017
Notes
Cash and Cash Equivalents	Cash and Cash Equivalents For purposes of the statement of cash flows, cash includes demand deposits, saving accounts and money market accounts. The Company considers all highly liquid instruments with maturities of three months or less when purchased to be cash equivalents.

Accounts Receivable and Allowan

Accounts Receivable and Allowance For Doubtful Accounts	6 Months Ended
	Jun. 30, 2017
Notes
Accounts Receivable and Allowance For Doubtful Accounts	Accounts receivable and concentration of credit risk The Company currently provides specialized testing services to various carbon fiber manufacturers and companies utilizing carbon fiber to evaluate the efficacy of the technology on their particular products and product lines. The Company typically requires an upfront fee prior to setup and operation of the test runs. At times, some accounts utilize more than the anticipated resources and additional services are invoiced after the fact. This has minimized the risk of default in the collection of accounts receivable. In addition, our concentration risk, which is evaluated on a quarterly basis is currently, virtually eliminated. Allowance for doubtful accounts The allowance for doubtful accounts is based on the Company’s assessment of the collectability of customer accounts and the aging of the accounts receivable. The Company regularly reviews the adequacy of the Company’s allowance for doubtful accounts through identification of specific receivables where it is expected that payments will not be received. The Company also establishes an unallocated reserve that is applied to all amounts that are not specifically identified. In determining specific receivables where collections may not have been received, the Company reviews past due receivables and gives consideration to prior collection history and changes in the customer’s overall business condition. The allowance for doubtful accounts reflects the Company’s best estimate as of the reporting dates. At June 30, 2017 and December 31, 2016, the Company had an allowance for bad debts in the amount of $0 and $0, respectively.

Revenue Recognition

Revenue Recognition	6 Months Ended
	Jun. 30, 2017
Notes
Revenue Recognition	Revenue Recognition The Company recognizes revenue in accordance with ASC-605, “Revenue Recognition,” which requires that four basic criteria must be met before revenue can be recognized: (1) persuasive evidence of an arrangement exists; (2) delivery has occurred or title has passed; (3) the selling price is fixed and determinable; and (4) collectability is reasonably assured. Determination of criteria (3) and (4) are based on management's judgments regarding the fixed nature of the selling prices of the products delivered and the collectability of those amounts. Revenues are recognized (a) for larger construction type projects based on the percentage of completion method; or (b) for direct sales of products, upon shipment, provided that a signed purchase order has been received, the price is fixed, title has transferred, collection of resulting receivables is reasonably assured, and there are no remaining significant obligations. Reserves for sales returns and allowances, based on historical levels of returns and discounts, current economic trends and changes in customer demand. Provisions for discounts and rebates to customers, estimated returns and allowances, and other adjustments are provided for in the same period the related sales are recorded. The Company will defer any revenue for which the product has not been delivered or is subject to refund until such time that the Company and the customer jointly determine that the product has been delivered or no refund will be required.

Use of Estimates

Use of Estimates	6 Months Ended
	Jun. 30, 2017
Notes
Use of Estimates	Use of Estimates The preparation of unaudited condensed consolidated financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions related to the deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.

Earnings (loss) Per Common Shar

Earnings (loss) Per Common Share	6 Months Ended
	Jun. 30, 2017
Notes
Earnings (loss) Per Common Share	Basic and Diluted Net Loss per Share The Company computes net loss per share in accordance with ASC 260, Earnings per Share. ASC 260 requires presentation of both basic and diluted earnings per share (“EPS”) on the face of the income statement. Basic EPS is computed by dividing net loss available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti-dilutive. There were no such securities, as of June 30, 2017 and 2016.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	6 Months Ended
	Jun. 30, 2017
Notes
Fair Value of Financial Instruments	Financial Instruments Pursuant to ASC 820, Fair Value Measurements and Disclosures, an entity is required to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value. A financial instrument’s categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. ASC 820 prioritizes the inputs into three levels that may be used to measure fair value: Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities. Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data. Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities. The Company did not have any Level 2 or Level 3 assets or liabilities as of June 30, 2017, with the exception of its notes payable. The carrying amounts of these liabilities at June 30, 2017 approximate their respective fair value based on the Company’s incremental borrowing rate. Cash is considered to be highly liquid and easily tradable as of June 30, 2017 and therefore classified as Level 1 within our fair value hierarchy. In addition, FASB ASC 825-10-25 Fair Value Option, or ASC 825-10-25, was effective for January 1, 2008. ASC 825-10-25 expands opportunities to use fair value measurements in financial reporting and permits entities to choose to measure many financial instruments and certain other items at fair value. The Company did not elect the fair value options for any of its qualifying financial instruments.

Business Combinations

Business Combinations	6 Months Ended
	Jun. 30, 2017
Notes
Business Combinations	1. Acquisition of 4M Industrial Oxidation, LLC. On April 6, 2017, the Company entered into an Agreement and Plan of Merger, dated April 6, 2017 (the “Merger Agreement”) with an effective date of April 1, 2017, with 4MIO Merger Sub, LLC, a Tennessee limited liability company and wholly-owned subsidiary of the Company (the “Merger Sub”), and 4MIO, for the purposes of consummating a reverse merger (the “Merger”). Pursuant to the Merger Agreement, Merger Sub merged with and into 4MIO, with 4MIO being the surviving company and resulting in 4MIO becoming a wholly-owned subsidiary of the Company. The Merger was intended to constitute a tax-free reorganization within the meaning of Section 368 of the United States Internal Revenue Code of 1986, as amended. In the Merger, the members of 4MIO exchanged their membership interests of 4MIO, representing 100% of the outstanding membership interests of 4MIO, for an aggregate of 55 million (55,000,000) shares of common stock, par value $0.01 (the “Common Stock”), of the Company which represented approximately 78.46% of the shares of Common Stock of the Company based on an aggregate of 70,096,470 shares of Common outstanding upon consummation of the Merger. The following table summarizes the estimated fair values of the assets acquired and liabilities assumed at the date of acquisition: ASSETS: Current assets $ 319,983 Property & equipment 603,949 Furniture & fixtures 11,854 Leasehold improvements 73,127 Total 1,008,913 LIABILITIES: Current liabilities $ 388,086 Net purchase price $ 620,827

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2017
Notes
Subsequent Events	1. Subsequent Events We have evaluated subsequent events through the date of issuance of the unaudited condensed consolidated financial statements, from July 1, 2017 to the date of this report the only significant events are: Stock Issuances: On August 18, 2017, The Company issued 34,000 common shares at a price of $0.60 per share to an accredited investor in exchange for a cash investment of $15,300. On September 11, 2017, the Company issued 33,334 common shares at a price of $0.60 per share to an accredited investor in exchange for a cash investment of $20,000. On September 18, 2017, the Company issued 20,000 common shares at a price of $0.60 per share to an accredited investor in exchange for a cash investment of $12,000. On September 20, 2017, the Company issued 16,667 common shares at a price of $0.60 per share to an accredited investor in exchange for a cash investment of $10,000. On September 27, 2017, the Company issued 45,000 common shares at a price of $0.60 per share to an accredited investor in exchange for a cash investment of $27,000. On September 28, 2017, the Company issued 16,667 common shares at a price of $0.60 per share to an accredited investor in exchange for a cash investment of $10,000. On September 29, 2017, the Company issued 250,000 common shares at a price of $0.60 per share to an accredited investor in exchange for a cash investment of $150,000. On October 2, 2017, the Company issued 166,667 common shares at a price of $0.60 per share to an accredited investor in exchange for a cash investment of $100,000. On October 2, 2017, the Company issued 83,333 common shares at a price of $0.60 per share to an accredited investor in exchange for a cash investment of $50,000. On October 5, 2017, the Company issued 33,334 common shares at a price of $0.60 per share to an accredited investor in exchange for a cash investment of $20,000. On October 16, 2017, the Company issued 66,000 common shares at a price of $0.60 per share to an accredited investor in exchange for a cash investment of $40,000. On October 17, 2017, the Company issued 50,000 common shares at a price of $0.60 per share to an accredited investor in exchange for a cash investment of $30,000. On October 24, 2017, the Company issued 50,000 common shares at a price of $0.60 per share to an accredited investor in exchange for a cash investment of $30,000. On October 25, 2017, the Company issued 41,667 common shares at a price of $0.60 per share to an accredited investor in exchange for a cash investment of $25,000. On October 26, 2017, the Company issued 40,000 common shares at a price of $0.60 per share to an accredited investor in exchange for a cash investment of $30,000. On October 26, 2017, the Company issued 41,667 common shares at a price of $0.60 per share to an accredited investor in exchange for a cash investment of $25,000. On October 27, 2017, the Company issued 150,000 common shares at a price of $0.60 per share to an accredited investor in exchange for a cash investment of $90,000. On October 27, 2017, the Company issued 166,667 common shares at a price of $0.60 per share to an accredited investor in exchange for a cash investment of $100,000. On October 31, 2017, the Company issued 333,334 common shares at a price of $0.60 per share to an accredited investor in exchange for a cash investment of $200,000. On November 8, 2017, the Company issued 25,000 common shares at a price of $0.60 per share to an accredited investor in exchange for a cash investment of $15,000. On November 9, 2017, the Company issued 20,000 common shares at a price of $0.60 per share to an accredited investor in exchange for a cash investment of $12,000. On November 9, 2017, the Company issued 33,334 common shares at a price of $0.60 per share to an accredited investor in exchange for a cash investment of $20,000. On November 13, 2017, the Company issued 42,000 common shares at a price of $0.60 per share to an accredited investor in exchange for a cash investment of $25,200. On November 14, 2017, the Company issued 50,000 common shares at a price of $0.60 per share to an accredited investor in exchange for a cash investment of $30,000. On November 22, 2017, the Company issued 166,667 common shares at a price of $0.60 per share to an accredited investor in exchange for a cash investment of $100,000. On November 24, 2017, the Company issued 166,700 common shares at a price of $0.60 per share to an accredited investor in exchange for a cash investment of $100,020. On November 25, 2017, the Company issued 50,000 common shares at a price of $0.60 per share to an accredited investor in exchange for a cash investment of $30,000. On November 27, 2017, the Company issued 41,667 common shares at a price of $0.60 per share to an accredited investor in exchange for a cash investment of $25,000. Issuances of Convertible Debt On September 7, 2017, the Company issued a convertible note to an accredited investor in exchange for a cash investment of $20,000. The note carries interest at a rate of 8% per annum and is convertible at 80% of market price of the common shares on the day prior to conversion with a minimum conversion price of $2.00 per share. On September 13, 2017, the Company issued a convertible note to an accredited investor in exchange for a cash investment of $20,000. The note carries interest at a rate of 8% per annum and is convertible at 80% of market price of the common shares on the day prior to conversion with a minimum conversion price of $2.00 per share. On September 19, 2017, the Company issued a convertible note to an accredited investor in exchange for a cash investment of $25,000. The note carries interest at a rate of 8% per annum and is convertible at 80% of market price of the common shares on the day prior to conversion with a minimum conversion price of $2.00 per share. On September 19, 2017, the Company issued a convertible note to an accredited investor in exchange for a cash investment of $40,000. The note carries interest at a rate of 8% per annum and is convertible at 80% of market price of the common shares on the day prior to conversion with a minimum conversion price of $2.00 per share. On September 22, 2017, the Company issued a convertible note to an accredited investor in exchange for a cash investment of $10,000. The note carries interest at a rate of 8% per annum and is convertible at 80% of market price of the common shares on the day prior to conversion with a minimum conversion price of $2.00 per share. On September 27, 2017, the Company issued a convertible note to an accredited investor in exchange for a cash investment of $5,000. The note carries interest at a rate of 8% per annum and is convertible at 80% of market price of the common shares on the day prior to conversion with a minimum conversion price of $2.00 per share.

Legal Matters

Legal Matters	6 Months Ended
	Jun. 30, 2017
Notes
Legal Matters	1. Commitments and Contingencies Litigation The Company may, from time to time, become involved in various lawsuits and legal proceedings, which arise in the ordinary course of business. However, litigation is subject to inherent uncertainties, and an adverse result in these or other matters may arise from time to time that may harm our business. The Company is currently not aware of any such legal proceedings that it believes will have, individually or in the aggregate, a material adverse effect on its

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2017
Notes
Income Taxes	Income Taxes Potential benefits of income tax losses are not recognized in the accounts until realization is more likely than not. The Company has adopted ASC 740 “Accounting for Income Taxes” as of its inception. Pursuant to ASC 740, the Company is required to compute tax asset benefits for net operating losses carried forward. The potential benefits of net operating losses have not been recognized in this financial statement because the Company cannot be assured it is more likely than not it will utilize the net operating losses carried forward in future years

Payables and Accruals

Payables and Accruals - USD ($)	Jun. 30, 2017	Dec. 31, 2016
Payables and Accruals:
Notes payable - related parties	$ 200,583	$ 583

Organization, Consolidation and

Organization, Consolidation and Presentation of Financial Statements	6 Months Ended
	Jun. 30, 2017
Organization, Consolidation and Presentation of Financial Statements:
Consolidation, Subsidiaries or Other Investments, Consolidated Entities, Policy	Principles of Consolidation The consolidated financial statements include the accounts of the Company and its wholly owned subsidiary 4M Industrial Oxidation, LLC. All significant inter-company transactions are eliminated.

Equity

Equity	6 Months Ended
	Jun. 30, 2017
Equity:
Stockholders' Equity Note Disclosure	1. Stockholders’ Equity Where applicable, all common share numbers have been restated to retroactively reflect, the acquisition of 4M by Woodland on April 6, 2017. a) Authorized Authorized capital stock consists of: · · 25 Changes in authorized shares On April 12, 2017 (the “Record Date”), the Board of Directors of the Company and the stockholders holding an aggregate of 50,640,679 outstanding shares of Common Stock, representing approximately 72.24% of all votes entitled to be voted at any annual or special meeting of stockholders of the Company or action by written consent (the “Majority Stockholders”), approved of the following corporate action (the “Corporate Action”) by written consent in lieu of a meeting as permitted under the Delaware General Corporation Law and the By-laws of the Company: b) Share Issuances In January 2016, the Company issued 4,655,338 shares to the shareholders of CornerWorld Corporation in connection with CornerWorld’s spin out of the Woodland operating subsidiary. Simultaneously, CornerWorld surrendered its 100 share (100%) equity back to the Company resulting in the issued and outstanding shares of the Company being 4,655,338 common shares. On April 5, 2017, the Company issued 5,220,000 common shares at an average price of $0.01 per share (par value at the time of issuance) to an officer who is also an accredited investor. On April 5, 2017, the Company issued 5,220,000 common shares at an average price of $0.01 per share (par value at the time of issuance) to a consultant who is also an accredited investor. On April 6, 2017, the Company issued 55,000,000 common shares in connection with the acquisition of 4M Industrial Oxidation, LLC., (4M). The shares were issued in exchange for 100% of the membership interest in 4M. On April 22, 2017, the Company issued 83,333 common shares at a price of $0.60 per share to an accredited investor in exchange for a cash investment of $50,000. On April 25, 2017, the Company issued 83,333 common shares at a price of $0.60 per share to an accredited investor in exchange for a cash investment of $50,000. On April 26, 2017, the Company issued 200,000 common shares at a price of $0.60 per share to an accredited investor in exchange for a cash investment of $120,000. On May 8, 2017, the Company issued 42,000 common shares at a price of $0.60 per share to an accredited investor in exchange for a cash investment of $25,200. On May 18, 2017, the Company issued 33,334 common shares at a price of $0.60 per share to an accredited investor in exchange for a cash investment of $20,000. On May 19, 2017, the Company issued 83,334 common shares at a price of $0.60 per share to an accredited investor in exchange for a cash investment of $50,000. On June 13, 2017, the Company issued 41,667 common shares at a price of $0.60 per share to an accredited investor in exchange for a cash investment of $25,000. As of June 30, 2017, and December 31, 2016, there were 70,662,339 and 4,655,338 shares of common stock issued and outstanding, respectively.

Related Party Disclosures

Related Party Disclosures	6 Months Ended
	Jun. 30, 2017
Related Party Disclosures:
Related Party Transactions Disclosure	1. Related Party Transactions Prior to the merger of 4M Industrial Oxidation, LLC into Woodland Holdings Corp. on April 6, 2016, 4MIO, 95% of its equity was owned by Remaxco Technologies, Inc. (“RMX”). Subsequent to the acquisition by the Company, RMX holds a block of Preferred Series A shares that provide 80% voting control as required by the licensing agreements between 4M, RMX, and Oak Ridge National Laboratories (“ORNL”). RMX continues to work on developmental projects with ORNL, and 4MIO. As a result, there are certain transactions between the companies which are disclosed below as well as other places in these footnotes. In January 2016, the Company reclassified a Note Receivable of $150,000 due from RMX to Prepaid Licensing Fees. This reclassification reflects a portion of the expected royalties that be paid to RMX and ORNL once the Plasma Oxidation ovens equipped with the technology begin to ship. As of December 31, 2016, $107,069 of the Company’s accounts payable are owed to two related parties.