UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q
[X] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934
FOR THE QUARTERLY PERIOD ENDED NOVEMBER 30, 2013
Commission file number 333-182970
WEBFOLIO INC.
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation or organization)
1129 8 Street S.E. Calgary AB Canada T2G 2Z6
(Address of principal executive offices, including zip code)
(403)863-6225
(Telephone number, including area code)
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 last 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 (ss.232.405 of
this chapter) during the preceding 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, a non-accelerated filer, or a smaller reporting company. See
the definitions of "large accelerated filer, "accelerated filer,"
"non-accelerated filer," and "smaller reporting company" in Rule 12b-2 of the
Exchange Act.
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 [X] NO [ ]
State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practicable date: 6,000,000 shares as of January 14,
2014
ITEM 1. FINANCIAL STATEMENTS
WEBFOLIO, INC
(A Development Stage Company)
Balance Sheets
--------------------------------------------------------------------------------
November 30, May 31,
2013 2013
-------- --------
(Unaudited)
ASSETS
CURRENT ASSETS
Cash and cash equivalents $ 657 $ 6,410
-------- --------
TOTAL CURRENT ASSETS 657 6,410
-------- --------
OTHER ASSETS
Pre-paid expenses 300 --
-------- --------
TOTAL OTHER ASSETS 300 --
-------- --------
TOTAL ASSETS $ 957 $ 6,410
======== ========
LIABILITIES & STOCKHOLDERS' EQUITY (DEFICIT)
CURRENT LIABILITIES
Accounts payable $ 740 $ 780
Loan from shareholder 11,588 5,088
-------- --------
TOTAL CURRENT LIABILITIES 12,328 5,868
-------- --------
TOTAL LIABILITIES 12,328 5,868
-------- --------
STOCKHOLDERS' EQUITY (DEFICIT)
130,000,000 common shares at par value of $0.0001 Common stock,
$0.001 par value, 75,000,000 shares authorized; 5,000,000 shares
issued and outstanding at November 30, 2013 and May 31, 2013 respectively 500 500
Additional paid-in capital 9,500 9,500
Deficit accumulated during exploration stage (21,371) (9,458)
-------- --------
TOTAL STOCKHOLDERS' EQUITY (DEFICIT) (11,371) 542
-------- --------
TOTAL LIABILITITES & STOCKHOLDERS' EQUITY (DEFICIT) $ 957 $ 6,410
======== ========
See Notes to Financial Statements
2
WEFOLIO, INC.
(A Development Stage Company)
Statements of Operations
(Unaudited)
--------------------------------------------------------------------------------
Inception
Three Months Three Months Six Months Six Months May 16, 2011
Ended Ended Ended ended Through
November 30, November 30, November 30, November 30, November 30,
2013 2012 2013 2012 2013
---------- ---------- ---------- ---------- ----------
REVENUES
Revenues $ -- $ -- $ -- $ -- $ --
---------- ---------- ---------- ---------- ----------
TOTAL REVENUES -- -- --
OPERATING COSTS
Professional expenses 6,995 -- 8,245 1,750 10,995
General and Administative 3,623 116 3,668 1,976 10,069
---------- ---------- ---------- ---------- ----------
TOTAL OPERATING COSTS 10,618 116 11,913 3,726 21,064
---------- ---------- ---------- ---------- ----------
OTHER INCOME AND (EXPENSE)
Exchange gain(loss) -- 3 -- 136 307
---------- ---------- ---------- ---------- ----------
TOTAL OTHER INCOME AND EXPENSE -- 3 -- 136 307
---------- ---------- ---------- ---------- ----------
NET INCOME (LOSS) $ (10,618) $ (119) $ (11,913) $ (3,862) $ (21,371)
========== ========== ========== ========== ==========
BASIC EARNINGS PER SHARE $ (0.00) $ (0.00) $ (0.00) $ (0.00)
========== ========== ========== ==========
WEIGHTED AVERAGE NUMBER OF
COMMON SHARES OUTSTANDING 5,000,000 5,000,000 5,000,000 5,000,000
========== ========== ========== ==========
See Notes to Financial Statements
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WEBFOLIO, INC.
(A Development Stage Company)
Statements of Cash Flows
(Unaudited)
--------------------------------------------------------------------------------
Inception
Six Months Six Months May 16, 2011
Ended ended Through
November 30, November 30, November 30,
2013 2012 2013
-------- -------- --------
CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss) $(11,913) $ (3,862) $(21,371)
Adjustments to reconcile net loss to net cash
provided by (used in) operating activities:
Changes in operating assets and liabilities:
Increase in prepaid expense (300) -- (300)
Accounts payable (40) -- 740
-------- -------- --------
NET CASH USED IN OPERATING ACTIVITIES (12,253) (3,862) (20,931)
-------- -------- --------
CASH FLOWS FROM INVESTING ACTIVITIES
NET CASH USED IN INVESTING ACTIVITIES -- -- --
-------- -------- --------
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from shareholder loans 6,500 -- 11,588
Issuance of common stock for cash -- -- 10,000
-------- -------- --------
NET CASH PROVIDED BY FINANCING ACTIVITIES 6,500 -- 21,588
-------- -------- --------
NET CHANGE IN CASH (5,753) (3,862) 657
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 6,410 8,916 --
-------- -------- --------
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 657 $ 5,054 $ 657
======== ======== ========
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Cash paid during year for:
Interest $ -- $ -- $ --
======== ======== ========
Income Taxes $ -- $ -- $ --
======== ======== ========
See Notes to Financial Statements
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WEBFOLIO INC.
(A Development Stage Company)
Notes to Financial Statements(unaudited)
November 30, 2013
--------------------------------------------------------------------------------
1. NATURE OF OPERATIONS
WEBFOLIO INC. ("The Company") was incorporated in the State of Delaware on May
16, 2011 to engage in the creation and development of an online service
primarily to help real estate investors more effectively manage their properties
and potential buyers. The Company is in the development stage with no revenues
and a limited operating history.
GOING CONCERN CONSIDERATION
These financial statements have been prepared assuming that the Company will
continue as a going concern, which contemplates, among other things, the
realization of assets and the satisfaction of liabilities in the normal course
of business. The Company has incurred cumulative net losses of $21,371 since its
inception and requires capital for its contemplated operational and marketing
activities to take place. The Company's ability to raise additional capital
through the future issuances of common stock is unknown. The obtainment of
additional financing, the successful development of the Company's contemplated
plan of operations, and its transition, ultimately, to the attainment of
profitable operations are necessary for the Company to continue operations. The
ability to successfully resolve these factors raise substantial doubt about the
Company's ability to continue as a going concern.
Future issuances of the Company's equity or debt securities will be required in
order for the Company to continue to finance its operations and continue as a
going concern. The Company's present revenues are insufficient to meet operating
expenses. The financial statements do not include any adjustments that may
result from the outcome of these aforementioned uncertainties.
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
INTERIM FINANCIAL STATEMENTS AND BASIS OF PRESENTATION
The accompanying unaudited interim financial statements and related notes have
been prepared in accordance with accounting principles generally accepted in the
United States of America ("U.S. GAAP") for interim financial information, and
with the rules and regulations of the United States Securities and Exchange
Commission (the "SEC") set forth in Article 8 of Regulation S-X. Accordingly,
they do not include all of the information and footnotes required by U.S. GAAP
for complete financial statements. The unaudited interim financial statements
furnished reflect all adjustments (consisting of normal recurring accruals)
which are, in the opinion of management, necessary to a fair statement of the
results for the interim periods presented. Unaudited interim results are not
necessarily indicative of the results for the full fiscal year. These financial
statements should be read in conjunction with the financial statements of the
Company for the year ended May 31, 2013 and notes thereto contained in our 10-K
Annual Report filed on October 17, 2013.
BASIS OF PRESENTATION
The financial statements of the Company have been prepared in accordance with
generally accepted accounting principles in the United States of America and are
presented in US dollars. The Company's fiscal year end is May 31.
CASH AND CASH EQUIVALENTS
The Company considers all highly liquid investments with original maturity of
three months or less to be cash equivalents.
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USE OF ESTIMATES AND ASSUMPTIONS
The preparation of financial statements in conformity with generally accepted
accounting principles requires that management makes 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 period. Actual results
could differ from those estimates.
FOREIGN CURRENCY TRANSLATION
The financial statements are presented in United States dollars. In accordance
with ASC 830, "Foreign Currency Matters", foreign denominated monetary assets
and liabilities are translated into their United States dollar equivalents using
foreign exchange rates which prevailed at the balance sheet date. Revenue and
expenses are translated at average rates of exchange during the year. Gains or
losses resulting from foreign currency transactions are included in results of
operations.
DEVELOPMENT STAGE COMPANY
The Company complies with Financial Accounting Standards Codification ("ASC")
915 and Securities and Exchange Commission Act Guide 7 for its characterization
of the Company as development stage enterprise.
FINANCIAL INSTRUMENT
Fair value measurements are determined based on the assumptions that market
participants would use in pricing an asset or liability. ASC 820-10 establishes
a hierarchy for inputs used in measuring fair value that maximizes the use of
observable inputs and minimizes the use of unobservable inputs by requiring that
the most observable inputs be used when available. FASB ASC 820 establishes a
fair value hierarchy that prioritizes the use of inputs used in valuation
methodologies into the following three levels:
Level 1: Quoted prices (unadjusted) for identical assets or liabilities in
active markets. A quoted price in an active market provides the most
reliable evidence of fair value and must be used to measure fair value
whenever available.
Level 2: Significant other 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.
Level 3: Significant unobservable inputs that reflect a reporting entity's
own assumptions about the assumptions that market participants would use in
pricing an asset or liability. For example, level 3 inputs would relate to
forecasts of future earnings and cash flows used in a discounted future
cash flows method. The recorded amounts of financial instruments, including
cash equivalents, prepaid expense, accounts payable and loan from
shareholder, approximate their market values as of November 30, 2013.
INCOME TAXES
The Company follows the accrual method of accounting for income taxes. Under
this method, deferred income tax assets and liabilities are recognized for the
estimated tax consequences attributable to differences between the financial
statement carrying values and their respective income tax basis (temporary
differences). The effect on the deferred income tax assets and liabilities of a
change in tax rates is recognized in income in the period that includes the
enactment date. At November 30, 2013, a full deferred tax asset valuation
allowance has been provided and no deferred tax asset has been recorded.
BASIC AND DILUTED NET INCOME (LOSS) PER SHARE
The Company computes net income (loss) per share in accordance with ASC 260,
"Earnings per Share" which 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 income (loss) available to common shareholders
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(numerator) by the weighted average number of common shares outstanding
(denominator) during the period. Diluted EPS gives effect to all dilutive
potential common shares outstanding during the period including stock options,
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 common shares if their effect is anti-dilutive.
RECENT ACCOUNTING PRONOUNCEMENTS
In February 2010, the FASB issued ASU No. 2010-09, which is included in the
Codification under ASC 855, SUBSEQUENT EVENTS ("ASC 855"). This update removes
the requirement for an SEC filer to disclose the date through which subsequent
events have been evaluated and become effective for interim and annual reporting
periods beginning January 1, 2010. The adoption of this guidance did not have a
material impact on the Company's financial statements.
In January 2010, the FASB issued ASU No. 2010-06, which is included in the
Codification under ASC 820, FAIR VALUE MEASUREMENTS AND DISCLOSURES ("ASC 820").
This update requires the disclosure of transfers between the observable input
categories and activity in the unobservable input category for fair value
measurements. The guidance also requires disclosures about the inputs and
valuation techniques used to measure fair value and become effective for interim
and annual reporting periods beginning January 1, 2010. The adoption of this
guidance did not have a material impact on the Company's financial statements.
The Company does not expect the adoption of recently issued accounting
pronouncements to have any significant impact on the Company's results of
operations, financial position or cash flow. As new accounting pronouncements
are issued, the Company will adopt those that are applicable under the
circumstances.
3. RELATED PARTY TRANSACTIONS
The President of the Company provides management and office premises to the
Company for no compensation. He will not be paid for any underwriting services
that he performs on behalf of the Company with respect to the Company's upcoming
S-1 offering. He will also not receive any interest on any funds that he has
advanced to the Company. Mr. Thompson has advanced funds to the Company as of
November 30, 2013 in the amount of $11,588.
4. COMMON SHARES
The stockholders' equity section of the Company contains the following classes
of capital stock as of November 30, 2013:
Common stock, $ 0.0001 par value: 130,000,000 shares authorized; 5,000,000
shares issued and outstanding
In May, 2011, the Company authorized the issue of 5,000,000 common shares of the
company at par value of $.002 to Robin Thompson, Director and President, for net
cash proceeds of $10,000.
At November 30, 2013 there are total of 5,000,000 common shares of the Company
issued and outstanding.
5. INCOME TAXES
The Company follows ASC 740. Deferred income taxes reflect the net effect of (a)
temporary difference between carrying amounts of assets and liabilities for
financial purposes and the amounts used for income tax reporting purposes, and
(b) net operating loss carry-forwards. No net provision for refundable Federal
7
income tax has been made in the accompanying statement of loss because no
recoverable taxes were paid previously. Similarly, no deferred tax asset
attributable to the net operating loss carry-forward has been recognized, as it
is not deemed likely to be realized.
At November 30, 2013, the Company had an unused net operating loss carry-forward
approximating $21,371 that is available to offset future taxable income; the
loss carry-forward will start to expire in 2030.
6. SUBSEQENT EVENTS
On December 20, 2013, the Company issued a total of 1,000,000 shares of common
stock to 25 individuals for cash in the amount of $0.01 per share for a total of
$10,000.
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ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION
FORWARD LOOKING STATEMENTS
Some of the statements contained in this Form 10-Q that are not historical facts
are "forward-looking statements" which can be identified by the use of
terminology such as "estimates," "projects," "plans," "believes," "expects,"
"anticipates," "intends," or the negative or other variations, or by discussions
of strategy that involve risks and uncertainties. We urge you to be cautious of
the forward-looking statements, that such statements, which are contained in
this Form 10-Q, reflect our current beliefs with respect to future events and
involve known and unknown risks, uncertainties and other factors affecting our
operations, market growth, services, products and licenses. No assurances can be
given regarding the achievement of future results, as actual results may differ
materially as a result of the risks we face, and actual events may differ from
the assumptions underlying the statements that have been made regarding
anticipated events.
All written forward-looking statements made in connection with this Form 10-Q
that are attributable to us, or persons acting on our behalf, are expressly
qualified in their entirety by these cautionary statements. Given the
uncertainties that surround such statements, you are cautioned not to place
undue reliance on such forward-looking statements.
RESULTS OF OPERATIONS
We are still in our development stage and have generated no revenues to date.
We have incurred $21,371 in operating expenses from inception through November
30, 2013. These expenses primarily consisted of costs related to organizational
fees, i.e. forming the Delaware Company and filing the extra provincial license
documents to operate in Alberta, costs related to the preparation of the
Registration Statement, including the audit, SEC fees and EDGAR filing.
The following table provides selected financial data about our Company for the
period from the date of incorporation through November 30, 2013. For detailed
financial information, see the financial statements included in this report.
Balance Sheet Data: 11/30/2013
------------------- ----------
Cash $ 657
Total assets $ 957
Total liabilities $ 12,328
Stockholder's equity $(11,371)
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During this time while we are awaiting funding from our proposed offering
Management has focused, and will continue to focus, on development that can be
achieved without substantial cash flow. At this point we have mapped out the
primary areas of functionality the service will offer including basic
high-level, wire frame sketches of screens. We have reviewed hosting services
and selected the Google App Engine as our deployment target. This decision also
led us to decide to use the database services offered through the Google App
Engine platform. We've generated initial domain, service and controller class
designs that will be easily supported by our selected platform and installed an
open-source code editor that will help simplify our integration and deployment
activities. We reviewed freely available open-source libraries that supply
functionality we intend to use. Additionally we've also determined where and how
we will keep our code repositories. On the marketing front, we have vetted our
concept and planned functionality through a number of part time and full time
real estate investors to further refine the planned service offering.
Other than the shares in our current Offering, no other source of capital has
been identified or sought. If we experience a shortfall in operating capital
prior to funding from the proceeds of our Offering, our director has verbally
agreed to advance the Company funds in a limited operations scenario.
Our net loss for the three months ended November 30, 2013 was $10,618. Our net
loss for the three months ended November 30, 2012 was $119. Our net loss from
inception (May 16, 2011) through November 30, 2013 was $21,371.
As of November 30, 2013, there is a total of $11,588 in advances payable that is
owed by the company to Robin Thompson, an officer and director, for expenses
that he has paid on behalf of the company. The advances payable are interest
free and payable on demand.
Cash provided by financing activities from inception through the period ended
November 30, 2013 was $21,588. On December 1, 2011 the Company issued a total of
5,000,000 shares of common stock to Mr. Thompson for cash at $0.002 per share
for a total of $10,000.
LIQUIDITY AND CAPITAL RESOURCES
At November 30, 2013 we had $657 in cash, $300 in pre-paid expenses and there
were outstanding liabilities of $12,328. Our director has verbally agreed to
continue to loan the company funds for operating expenses in a limited scenario,
but he has no legal obligation to do so.
PLAN OF OPERATION
At present management will concentrate on the completion of our current offering
pursuant to the Registration Statement on Form S-1 and also utilize this time to
begin putting together a database of potential customers as well as the
continuation of the development of the software and services for the purpose of
the integration of customers into the Webfolio service.
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COMPLETE OUR PUBLIC OFFERING:
We expected to complete our public offering within 180 days of our Registration
Statement being declared effective by the Securities and Exchange Commission on
April 12, 2013, however; the board of directors deemed it necessary to extend
the offering an additional 90 days as allowed in the Registration Statement. We
intend to concentrate all our efforts on raising capital during this period.
Once we have completed our offering, our specific business plan for the twelve
months thereafter is as follows:
SOFTWARE DEVELOPMENT
Complete Alpha Prototype (1st quarter after funding)
* Establish the development environment and secure hosting arrangements
on Google App Engine
* Implement sign up and authentication logic
* Design and implement database objects required to support intended
functionality
* Implement intended workflows
* Implement property matching engine
* Push out limited early release to selected testers
Complete Beta Version (2nd and 3rd quarter after funding)
* Integrate feedback from early testers
* Fix any problems
* Integrate with payment processor
* Implement document customization tools
* Implement mobile browser-friendly version
* Push out limited release to selected testers
Release `Beta' to Public (3rd and 4th quarter after funding)
* Operate as the free version only during beta testing including access
to the mobile site
* Tune up marketing pages
* Get full time instructors who teach real estate investing to include
the service as part of their course offerings
* Enhance user support and communication
Release Production Version (4th quarter after funding)
After we're comfortable we've got the service operating as intended we will
offer early adopters incentives to sign up for a paid version. We enforce
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service level offerings now. We will continue to enhance the service offering,
improve responsiveness and stability based on user feedback.
MARKETING AND SALES
Once we're close to the full production release, we focus on marketing through
blogs, SEO, articles, and a social media presence. We also leverage our
relationships with full -time real estate investors to spread the word about the
service.
Once we've obtained our first 100 users we will start signing up partners whose
target markets include real estate investors. We'll arrange for our users to
obtain discounts from our partners and, in return, we will get a referral fee
for each relationship we help establish. We will also offer space for paid
advertisements on the site for businesses who do not necessarily want a full
partnership arrangement.
Based on raising funding from our offering, we have budgeted the following
amounts over the 12 months following the successful completion of this offering,
these amounts may be adjusted based upon sales and revenue:
Percentage of Offering 10% 40% 70% 100%
---------------------- ------- ------- ------- -------
Proceeds to the Company $ 5,000 $20,000 $35,000 $50,000
Programming $ 500 $ 2,000 $ 7,000 $12,500
Online Project Management $ 0 $ 600 $ 1,250 $ 1,250
Telecommunications & Internet $ 250 $ 1,500 $ 1,500 $ 1,500
Marketing $ 0 $ 5,200 $ 9,100 $13,000
Accounting, Auditing & Legal $ 4,250 $ 9,000 $ 9,000 $ 9,000
Working Capital $ 0 $ 1,700 $ 7,150 $12,750
OFF-BALANCE SHEET ARRANGEMENTS
We do not have any off-balance sheet arrangements that have or are reasonably
likely to have a current or future effect on our financial condition, changes in
financial condition, revenues or expenses, results of operations, liquidity,
capital expenditures or capital resources that is material to investors.
ITEM 4. CONTROLS AND PROCEDURES
EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES
Management maintains "disclosure controls and procedures," as such term is
defined in Rule 13a-15(e) under the Securities Exchange Act of 1934 (the
"Exchange Act"), that are designed to ensure that information required to be
disclosed in our Exchange Act reports is recorded, processed, summarized and
reported within the time periods specified in the Securities and Exchange
Commission rules and forms, and that such information is accumulated and
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communicated to management, including our Chief Executive Officer and Chief
Financial Officer, as appropriate, to allow timely decisions regarding required
disclosure.
In connection with the preparation of this quarterly report on Form 10-Q, an
evaluation was carried out by management, with the participation of the Chief
Executive Officer and the Chief Financial Officer, of the effectiveness of our
disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e)
under the Exchange Act) as of November 30, 2013.
Based on that evaluation, management concluded, as of the end of the period
covered by this report, that our disclosure controls and procedures were
effective in recording, processing, summarizing, and reporting information
required to be disclosed, within the time periods specified in the Securities
and Exchange Commission's rules and forms.
CHANGES IN INTERNAL CONTROLS OVER FINANCIAL REPORTING
As of the end of the period covered by this report, there have been no changes
in the internal controls over financial reporting during the quarter ended
November 30, 2013, that materially affected, or are reasonably likely to
materially affect, our internal control over financial reporting subsequent to
the date of management's last evaluation.
ITEM 5. OTHER INFORMATION
SUBSEQUENT EVENT
On December 20, 2013, the Company issued a total of 1,000,000 shares of common
stock to 25 individuals for cash in the amount of $0.01 per share for a total of
$10,000.
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PART II. OTHER INFORMATION
ITEM 6. EXHIBITS
The following exhibits are included with this quarterly filing. Those marked
with an asterisk and required to be filed hereunder, are incorporated by
reference and can be found in their entirety in our Registration Statement on
Form S-1, filed under SEC File Number 333-182970, at the SEC website at
www.sec.gov:
Exhibit No. Description
----------- -----------
3.1 Articles of Incorporation*
3.2 Bylaws*
31.1 Sec. 302 Certification of Principal Executive Officer
31.2 Sec. 302 Certification of Principal Financial Officer
32.1 Sec. 906 Certification of Principal Executive Officer
32.2 Sec. 906 Certification of Principal Financial Officer
101 Interactive data files pursuant to Rule 405 of Regulation S-T
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.
Webfolio Inc.
Registrant
Date January 14, 2014 By /s/ Robin Thompson
---------------------------------------------
Robin Thompson
(Principal Executive Officer,
Principal Financial Officer,
Principal Accounting Officer & Sole Director)
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