SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-QSB
(Mark One)
[X] Quarterly report under Section 13 or 15(d) of the Securities Exchange
Act of 1934 for the quarterly
period ended September 30, 2002.
[ ] Transition report under Section 13 or 15(d) of the Securities Exchange
Act of 1934 for the transition
period from to .
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Commission file number: 0-29325
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ALEXANDRIA HOLDINGS, INC.
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(Exact name of small business issuer as specified in its charter)
Nevada 87-0643633
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(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
1403 East 900 South, Salt Lake City, Utah 84105
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(Address of principal executive office) (Zip Code)
(801) 582-9609
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(Issuer's telephone number)
Check whether the issuer: (1) filed all reports required to be filed by Section
13 or 15(d) of the Exchange Act during the past 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 XX No
The number of outstanding shares of the issuer's common stock, $0.001 par value
(the only class of voting stock), as of November 5, 2002 was 6,562,500.
TABLE OF CONTENTS
PART I
ITEM 1. FINANCIAL STATEMENTS.....................................................................................3
Unaudited Balance Sheet as of September 30, 2002..................................................................4
Unaudited Statement of Operations for the three and nine months ended September 30, 2002 and
September 30, 2001 and the period from Date of Inception to September 30, 2002..................................5
Unaudited Statement of Cash Flows for the nine months ended September 30, 2002, and
September 30, 2001 and the period from Date of Inception to September 30, 2002..................................6
Notes to Unaudited Financial Statements...........................................................................7
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION................................................8
PART II
ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K.........................................................................8
SIGNATURES........................................................................................................9
INDEX TO EXHIBITS................................................................................................10
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PART I
ITEM 1. FINANCIAL STATEMENTS
As used herein, the term "Company" refers to Alexandria Holdings, Inc., a Nevada
corporation, unless otherwise indicated. Unaudited interim financial statements
including a balance sheet for the Company as of the quarter ended September 30,
2002, statement of operations, and statement of cash flows for the interim
period up to the date of such balance sheet and the period since inception of
the preceding year are attached hereto as Pages 4 through 7 and are incorporated
herein by this reference.
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3
Alexandria Holdings, Inc.
(A Developmental Stage Company)
Unaudited Balance Sheet
As of September 30, 2002
September 30, 2002
(unaudited)
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ASSETS
Current Assets - cash $ 51
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Total Current Assets 51
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LIABILITIES AND STOCK HOLDERS' EQUITY
Current Liabilities:
Accounts payable 6,476
Accounts payable - related parties 2,500
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Total Current Liabilities 8,976
Stockholders' Deficit
Preferred stock ($.001 par value), 5,000,000 shares authorized;
no shares issued and outstanding -
Common stock ($.001 par value) 45,000,000 shares authorized;
6,562,500 shares issued and outstanding September 30, 2002 6,563
Additional paid in capital 2,799
Accumulated deficit (18,287)
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Total stockholders' equity (deficit) (8,925)
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TOTAL LIABILITIES AND EQUITY (DEFICIT) $ 51
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The accompanying notes are an integral part of these financial statements
4
Alexandria Holdings, Inc.
(A Developmental Stage Company)
Unaudited Statements of Operations
December
7, 1999
(inception)
to
Three Months Ended Nine Months Ended September
September 30, September 30, 30, 2002
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2002 2001 2002 2001
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Revenues $ - $ - $ - $ - $
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General and Administrative Costs 407 353 3,469 3,201 18,287
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Income (loss) before income taxes (407) (353) (3,469) (3,201) (18,287)
Provision for income taxes - - - - -
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Net Loss (407) (353) (3,469) (3,201) (18,287)
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Loss per common share-basic and
diluted $ - $ - $ - $ - $
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Weighted average common shares
basic and diluted 6,563,000 6,563,000 6,563,000 6,303,000
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The accompanying notes are an integral part of these financial statements
5
Alexandria Holdings, Inc.
(A Developmental Stage Company)
Unaudited Statements of Cash Flows
December 7,
1999
(inception) to
Nine Months Ended September
September 30, 30, 2002
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2002 2001
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CASH FLOWS FROM OPERATING ACTIVITIES
Net Income (Loss) $ (3,469) $ (3,201) $ (18,287)
Adjustments to reconcile Net Loss to Net Cash
provided by (used in) operations:
Common Stock issued for services - - 5,007
Increase (decrease) in accounts payable 3,424 (234) 6,476
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Net cash provided by (used in) Operating Activities (45) (3,435) (6,804)
CASH FLOWS FROM INVESTING ACTIVITIES - - -
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CASH FLOWS FROM FINANCING ACTIVITIES
Issuance of common stock - 3,000 3,910
Decrease in stock subscription receivable - - 445
Increase in related party receivable - - 2,500
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Net Cash provided (used) by Financing Activities - 3,000 6,855
NET CASH INCREASE (DECREASE) (45) (435) 51
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CASH, BEGINNING OF PERIOD 96 547 -
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CASH, END OF PERIOD $ 51 $ 112 $ 51
The accompanying notes are an integral part of these financial statements
6
ALEXANDRIA HOLDINGS, INC
NOTES TO CONSOLIDATED UNAUDITED FINANCIAL STATEMENTS
September 30, 2002
1. Basis of Presentation
The accompanying unaudited condensed financial statements have been prepared by
management in accordance with the instructions in Form 10-QSB and, therefore, do
not include all information and footnotes required by generally accepted
accounting principles and should, therefore, be read in conjunction with the
Company's financial statements contained in the Form 10-KSB, filed with the
Securities and Exchange Commission on March 7, 2002. These statements do include
all normal recurring adjustments which the Company believes necessary for a fair
presentation of the statements. The interim operations results are not
necessarily indicative of the results for the full year ended December 31, 2002.
2. Additional footnotes included by reference
Except as indicated in Notes above, there have been no other material changes in
the information disclosed in the notes to the financial statements included in
the Company's Form 10-KSB, filed with the Securities and Exchange Commission on
March 7, 2002. Therefore, those footnotes are included herein by reference.
7
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION
Plan of Operations
The Company's plan of operation for the coming year is to identify and acquire a
favorable business opportunity. The Company does not plan to limit its options
to any particular industry, but will evaluate each opportunity on its merits.
The Company anticipates that its owners, affiliates, and consultants will
provide it with sufficient capital to continue operations until the end of the
year of 2002, but there can be no assurance that this expectation will be fully
realized.
The Company does not expect to generate any meaningful revenue or incur
operating expenses unless and until it acquires an interest in an operating
company.
PART II
ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K
(a) Exhibits Exhibits required to be attached by Item 601 of Regulation S-B
are listed in the Index to Exhibits on page 10 of this Form 10-QSB, and
are incorporated herein by this reference.
(b) Reports on Form 8-K. No reports on Form 8-K were filed during the period covered by this Form 10-
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QSB.
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SIGNATURES
In accordance with the requirements of the Exchange Act, the registrant caused
this report to be signed on its behalf by the undersigned, hereunto duly
authorized, this 5th day of November, 2002.
ALEXANDRIA HOLDINGS, INC.
/s/ Ruairidh Campbell November 5, 2002
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Ruairidh Campbell
President and Director
CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO
SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002
In connection with the quarterly report of the Company on Form 10-QSB for the
period ending September 30, 2002 as filed with the Securities and Exchange
Commission on the date hereof, I, Ruairidh Campbell, sole executive officer,
certify, pursuant to 18 U.S.C. S 1350, as adopted pursuant to S 906 of the
Sarbanes-Oxley Act of 2002, that:
(1) This quarterly report complies with the requirements of section 13(a) or
15(d) of the Securities Exchange Act of 1934; and
(2) The financial information contained in this quarterly report fairly
presents, in all material respects, the financial condition and result of
operations of the Company.
/s/ Ruairidh Campbell
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Ruairidh Campbell
Sole Executive Officer
November 5, 2002
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INDEX TO EXHIBITS
EXHIBIT PAGE
NO. NO. DESCRIPTION
3(i) * Articles of Incorporation of the Company (incorporated herein by reference
from Exhibit No. 3(i) of the Company's Form 10-SB as filed with the
Securities and Exchange Commission on February 3, 2000).
3(ii) * Bylaws of the Company, as amended
(incorporated herein by reference from
Exhibit 3(ii) of the Company's Form 10-SB as
filed with the Securities and Exchange
Commission on February 3, 2000).
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