U.S. 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 June 30, 2006
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[ ] Transition Report under Section 13 or 15(d)of the Exchange Act For the
Transition Period from ________ to ___________
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Commission File Number: 000-51224
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My Quote Zone, Inc.
--------------------------------------------
(Name of small business issuer in its charter)
Nevada 56-2504276
---------------------------------- --------------------------
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
6130 Elton Avenue, Las Vegas, NV 89107
-------------------------------------------------------------
(Address of principal executive officers, including Zip Code)
702-874-3131
-------------------------------------
(Issuer's Telephone Number)
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Check whether the issuer (1) filed all reports required to be filed by Section
13 or 15(d) of the Exchange Act of 1934 during the past 12 months (or 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 is a shell company (as defined
in Rule 12b-2 of the Exchange Act) Yes [ ] No [X]
APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE
PRECEDING FIVE YEARS:
Check whether the registrant filed all documents and reports required to be
filed by Section 12, 13 or 15(d) of the Exchange Act after the distribution
of securities under a plan confirmed by a court.
Yes [X] No [ ] N/A
APPLICABLE ONLY TO CORPORATE ISSUERS
State the number of shares outstanding of each of the issuer's classes of
common equity, as of the latest practicable date:
As of August 8, 2006, the registrant's outstanding common stock consisted
of 36,000,000 shares, $0.001 Par Value. Authorized - 70,000,000 common
voting shares. No preferred shares issued, 5,000,000 authorized.
Transitional Small Business Disclosure Format (Check one): Yes [ ] No [X]
1
PART I. FINANCIAL INFORMATION
Item 1. Financial Statements................................. 3
Independent Accountant's Review Report............... 4
Balance Sheet (unaudited)............................ 5
Statements of Operations (unaudited)................. 6
Statements of Cash Flows (unaudited)................. 7
Notes to Financial Statements........................ 8-9
Item 2. Management's Discussion and Analysis of Plan
of Operation........................................ 10
Item 3. Controls and Procedures................................ 15
PART II. OTHER INFORMATION
Item 1. Legal Proceedings.................................... 16
Item 2. Changes in Securities and Use of Proceeds............ 16
Item 3. Defaults upon Senior Securities...................... 16
Item 4. Submission of Matters to a Vote
of Security Holders................................. 16
Item 5. Other Information..................................... 16
Item 6. Exhibits and Reports on Form 8-K...................... 16
Signatures...................................................... 17
2
PART I. FINANCIAL INFORMATION
ITEM 1. FINANCIAL STATEMENTS AND EXHIBITS
As prescribed by item 310 of Regulation S-B, the independent auditor has
reviewed these unaudited interim financial statements of the registrant
for the nine months ended June 30, 2006. The financial statements
reflect all adjustments which are, in the opinion of management, necessary
to a fair statement of the results for the interim period presented. The
unaudited financial statements of registrant for the nine months ended
June 30, 2006, follow.
3
MOORE & ASSOCIATES, CHARTERED
ACCOUNTANTS AND ADVISORS
PCAOB REGISTERED
Report of Independent Registered Public Accounting Firm
My Quote Zone
(A Development Stage Company)
6130 Elton Ave
Las Vegas, NV 89107
We have reviewed the accompanying balance sheet of My Quote Zone Inc. (A
Development Stage Company). as of June 30, 2006, and the related statements of
income, retained earnings, and cash flows for the nine months then ended, in
accordance with the standards of the Public Company Accounting Oversight Board
(United States). All information included in these financial statements is the
representation of the management of My Quote Zone Inc. (A Development Stage
Company).
A review consists principally of inquiries of company personnel and analytical
procedures applied to financial data. It is substantially less in scope than an
audit in accordance with generally accepted auditing standards, the objective
of which is the expression of an opinion regarding the financial statements
taken as a whole. Accordingly, we do not express such an opinion.
Based on our review, we are not aware of any material modifications that should
be made to the financial statements in order for them to be in conformity with
generally accepted accounting principles.
The accompanying financial statements have been prepared assuming that the
company will continue as a going concern. As discussed in the notes to the
financial statements, the Company has no established source of revenue and no
operations. This raises substantial doubt about the Company's ability to
continue as a going concern. The financial statements do not include any
adjustments that might result from this uncertainty.
/s/ Moore & Associates, Chartered
- ---------------------------------
Moore & Associates, Chartered
Las Vegas, Nevada
August 8, 2006
2675 S. JONES BLVD. SUITE 109, LAS VEGAS, NEVADA 89146
(702) 253-7511 Fax: (702)253-7501
4
My Quote Zone, Inc.
(Formerly Cornerstone Data Processing)
(a Development Stage Company)
Balance Sheets
September 30, 2005 and June 30, 2006
Balance Sheets
(unaudited)
June 30, September 30,
2006 2005
--------- ------------
Assets
Current assets:
Cash $ 4,875 $ 10,000
--------- ---------
Total current assets 4,875 10,000
--------- ---------
$ 4,875 $ 10,000
========= =========
Liabilities and Stockholders' Equity
Current liabilities: $ 1,600 $ -
--------- --------
Total current liabilities 1,600 -
--------- --------
Stockholders' equity:
Series A preferred stock, $0.001 par value,
2,000,000 shares authorized, no shares issued
or outstanding - -
Series B preferred stock, $0.001 par value,
2,000,000 shares authorized, no shares issued
or outstanding - -
Series C preferred stock, $0.001 par value,
1,000,000 shares authorized, no shares issued
or outstanding - -
Common stock, $0.001 par value, 70,000,000 shares
authorized, 36,000,000, 30,000,000 shares issued
and outstanding as of 6/30/2006 and
9/30/2005, respectively 36,000 36,000
Additional paid-in capital (21,000) (21,000)
Earnings (Deficit) accumulated during
development stage (11,725) (5,000)
--------- ---------
3,275 10,000
--------- ---------
$ 4,875 $ 10,000
========= =========
The accompanying notes are an integral part of these financial statements.
5
My Quote Zone, Inc.
(Formerly Cornerstone Data Processing)
(a Development Stage Company)
Statements of Operations
For the three months ended June 30, 2005 and June 30, 2006
For the nine months ended June 30, 2005 and June 30, 2006
From December 24, 2003 (Inception) June 30, 2006
(Unaudited)
Statements of Operations
December 24,
For the three months ended For the nine months ended 2003
June 30, June 30, (Inception)
-------------------------- ------------------------ to June 30,
2006 2005 2006 2005 2006
------------ ------------ ----------- ----------- -------------
Revenue $ 38,016 $ - $ 103,502 $ - $ 107,932
------------ ------------ ----------- ----------- -------------
Expenses:
General and
administrative
expenses 39,730 - 110,227 2,197 119,657
------------ ------------ ----------- ----------- -------------
Total
expenses 39,730 - 110,227 2,197 119,657
------------ ------------ ----------- ----------- -------------
Net income
(loss) (1,714) - $ (6,725) $ (2,197) $ (11,725)
============ ============ =========== =========== =============
Weighted
average
number of
common shares
outstanding -
basic and
fully
diluted 36,000,000 30,000,000 36,000,000 30,000,000
============ ============ =========== ===========
Net income
(loss) per
share - basic
and fully
diluted $ (0.00) $ 0.00 $ (0.00) $ (0.00)
============ ============ =========== ===========
The accompanying notes are an integral part of these financial statements.
6
My Quote Zone, Inc.
(Formerly Cornerstone Data Processing)
(a Development Stage Company)
Statements of Cash Flows
For the three months ended June 30, 2005 and June 30, 2006
For the nine months ended June 30, 2005 and June 30, 2006
From December 24, 2003 (Inception) to June 30, 2006
(Unaudited)
Statements of Cash Flows
December 24,
For the three months ended For the nine months ended 2003
June 30, June 30, (Inception)
-------------------------- ------------------------ to June 30,
2006 2005 2006 2005 2006
------------ ------------ ----------- ----------- -------------
Cash flows from operating activities:
Net income
(loss) $ (1,714) $ - $ (6,725) $ (2,197) $ (11,725)
Stock issued
for
organizational
costs 530
------------ ------------ ----------- ----------- -------------
Net cash
(used)
provided
by
operating
activities (1,714) - (6,725) (2,197) (11,195)
Cash flows from financing activities:
Issuances
of common
stock - - 12,000
Proceeds
from
subscriptions
receivable - - 2,470
Loan from
related
party - 1,600
------------ ------------ ----------- ----------- -------------
Net cash
provided
by financing
activities - - 16,070
------------ ------------ ----------- ----------- -------------
Net increase
(decrease)
in cash (1,714) - (6,725) (2,197) 4,875
Cash and
equivalents-
beginning 6,589 3,021 11,600 5,218 -
------------ ------------ ----------- ----------- -------------
Cash and
equivalents-
ending $ 4,875 $ 3,021 $ 4,875 $ 3,021 $ 4,875
============ ============ =========== =========== =============
Supplemental disclosures:
Interest
paid $ - $ - $ - $ - $ -
============ ============ =========== =========== =============
Income
taxes
paid $ - $ - $ - $ - $ -
============ ============ =========== =========== =============
The accompanying notes are an integral part of these financial statements.
7
My Quote Zone, Inc.
(Formerly Cornerstone Data Processing)
(a Development Stage Company)
Notes
Note 1 - Basis of Presentation
The interim financial statements included herein, presented in accordance
with United States generally accepted accounting principles and stated
in US dollars, have been prepared by the Company, without audit,
pursuant to the rules and regulations of the Securities and Exchange
Commission. Certain information and footnote disclosures normally included in
financial statements prepared in accordance with generally accepted accounting
principles have been condensed or omitted pursuant to such rules and
regulations, although the Company believes that the disclosures are adequate to
make the information presented not misleading.
These statements reflect all adjustments, consisting of normal recurring
adjustments, which, in the opinion of management, are necessary for fair
presentation of the information contained therein. It is suggested that these
consolidated interim financial statements be read in conjunction with the
financial statements of the Company for the year ended September 30, 2005 and
notes thereto included in the Company's 10-KSB Annual report. The Company
follows the same accounting policies in the preparation of interim reports.
Results of operations for the interim periods are not indicative of annual
results.
Note 2 - Going concern
These consolidated financial statements have been prepared in accordance
with generally accepted accounting principles applicable to a going
concern which contemplates the realization of assets and the satisfaction
of liabilities and commitments in the normal course of business. As at
June 30, 2006, the Company has recognized $107,932 in revenues and has
accumulated operating losses of approximately $119,657 since inception.
The Company's ability to continue as a going concern is contingent upon
the successful completion of additional financing arrangements and its
ability to achieve and maintain profitable operations. Management plans
to raise equity capital to finance the operating and capital requirements
of the Company. Amounts raised will be used to further development of
the Company's products, to provide financing for marketing and promotion,
to secure additional property and equipment, and for other working capital
purposes. While the Company is expending its best efforts to achieve the
above plans, there is no assurance that any such activity will generate
funds that will be available for operations.
These conditions raise substantial doubt about the Company's ability to
continue as a going concern. These financial statements do not include any
adjustments that might arise from this uncertainty.
8
My Quote Zone, Inc.
(Formerly Cornerstone Data Processing)
(a Development Stage Company)
Notes
Note 3 - Related party transactions
The Company does not lease or rent any property. Office services are provided
without charge by a director. Such costs are immaterial to the financial
statements and, accordingly, have not been reflected therein.
On December 5, 2005 the Company accepted a loan from its Director in the amount
of $3,200. The Company repaid $1,600 on December 19, 2005 leaving a principal
balance of $1,600 as of June 30, 2006. This loan incurs no interest or fees.
The officers and directors of the Company are involved in other business
activities and may, in the future, become involved in other business
opportunities. If a specific business opportunity becomes available, such
persons may face a conflict in selecting between the Company and their other
business interests. The Company has not formulated a policy for the resolution
of such conflicts.
9
Item 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF PLAN OF OPERATIONS
My Quote Zone, Inc. ("MQZ") was incorporated under the laws of the State of
Nevada. My Quote Zone, formerly named Cornerstone Data Processing, Inc., was
incorporated in Nevada on December 24, 2003. On September 26, 2005 the
Company filed a Certificate of Amendment with the Nevada Secretary of State
changing its name from Cornerstone Data Processing, Inc. to My Quote Zone, Inc.
On December 28, 2005, My Quote Zone, Inc., ("MQZ") a Nevada corporation and
Pavo Royal, Inc., ("PAVO") a Nevada corporation entered into an Acquisition
Agreement and Plan of Merger (the "Merger Agreement") whereby MQZ has acquired
all the outstanding shares of common stock of PAVO from its sole stockholder
in an exchange for $3,600 cash in a transaction where MQZ is the successor
corporation. The Merger was approved by the unanimous consent of the Board of
Directors of MQZ on December 28, 2005.
My Quote Zone, Inc. is a technology based Internet media and marketing firm that
specializes in online lead generation. The services the Company offers include
the development of complete advertising campaigns used to market its client's
products and/or services online. This is accomplish by creating and hosting
customized web pages and/or complete web properties to facilitate consumer
transactions.
Website development and prospect acquisition is managed by the Company's
proprietary Lead Code software platform. This technology platform allows the
Company to acquire, database and deliver prospects to clients in real-time. The
platform also generates comprehensive detailed reporting on website activity
which allows us to analyze the effectiveness of different campaigns,
advertisements and specific promotions. This software tool helps management
determine which campaigns are performing at an acceptable level for the
Company's clients.
The Company also markets its own product and service offerings utilizing a
direct-to-consumer online financial portal. - MyQuoteZone.com
Online Marketing
- ----------------
MQZ owns and operates a variety of Internet websites. The Company generates
traffic to its websites both internally and from third party Internet
advertising. The Company's Web properties and marketing activities are
designed to generate real-time response based marketing results for our clients.
These Web properties generate a variety of transactional results ranging from
(a) Web traffic, (b) inbound telemarketing calls, (c) outbound telemarketing
leads, (d) marketable profiled data lists of consumers, (e) targeted response
leads, and (f) completed applications for products and services.
The Company utilizes the following online marketing channels to promote its
hosted websites.
10
Email Marketing
- ---------------
Company websites are promoted through opt-in email marketing. The Company is
currently market to multiple consumer and business databases.
Search Marketing
- ----------------
The Company utilizes search engine marketing to direct consumers to its network
of websites: Funds are placed in an open account with each provider and are
spent on a Cost-Per-Click auction basis. Google, Yahoo, and Terra Lycos are
the primary 3 search engine providers used.
Affiliate Marketing
- -------------------
The Company has just completed an affiliate destination where online publishers
can promote MQZ exclusive offers and promotions. The new system allows
publishers to choose, deploy, and manage campaigns chosen. Publishers are also
provided with real-time commission tracking.
MQZ's Business
The Company has achieved $103,502 in revenues for the nine months ending
June 30, 2006 with a net loss of $(6,725) for the same period. As of June
30, 2006, the Company had an accumulated deficit of $(11,725) dollars. For
the Quarter ending June 30, 2006, the Company achieved $38,016 in revenues
with a net loss of $(1,714) for the same period. There are no comparative
numbers to the previous year as the Company was inactive in 2005. There can
be no assurances that the Company can achieve or sustain profitability or
that the Company's operating losses will not increase in the future.
Management is currently exploring various business strategies to enhance its
core business. The analysis of new businesses opportunities and evaluating
new business strategies will be undertaken by or under the supervision of the
Company's two Officers. In analyzing prospective businesses opportunities,
management will consider, to the extent applicable, the available technical,
financial and managerial resources of any given business venture. Management
will also consider the nature of present and expected competition; potential
advances in research and development or exploration; the potential for growth
and expansion; the likelihood of sustaining a profit within given time frames;
the perceived public recognition or acceptance of products, services, trade
or service marks; name identification; and other relevant factors.
11
Going Concern - The Company experienced operating losses, of $(11,725) since
its inception on December 24, 2003 through the period ended June 30, 2006. The
financial statements have been prepared assuming the Company will continue to
operate as a going concern which contemplates the realization of assets and the
settlement of liabilities in the normal course of business. No adjustment has
been made to the recorded amount of assets or the recorded amount or
classification of liabilities which would be required if the Company were unable
to continue its operations. (See Financial Footnote 2) Management believes My
Quote Zone has enough funds to operate for the next twelve (12) months without
the need to raise additional capital to meet its obligations in the normal
course of business.
Results of Operations
- ---------------------
During the nine month period ended June 30, 2006, the Company generate revenues
of $103,502 as compared to no revenues for the same period last year when the
Company was inactive.
In its most recent three month operating period ended June 30, 2006, the
Company generated $38,016 in revenues as compared to no revenues for the same
period last year. The company was inactive during the same period last year.
During the three months ended June 30, 2006, the Company had a net loss of
$(1,714). The company was inactive during the same period last year.
The quarterly expenses of $39,730, represented general and administrative
expenses. Since the Company's inception, on December 24, 2003, the Company
experienced total revenues of $107,932, a net lost $(11,725).
Plan of Operation
- -----------------
Management does not believe that the Company will be able to generate
any significant profit during the coming year, as the company builds its
business base in the execution of its business plan. Management
believes developmental and marketing costs will most likely exceed any
anticipated revenues for the coming year.
Management is currently exploring various business strategies to enhance its
core business. The analysis of new business opportunities and strategies will
be undertaken by or under the supervision of the Company's two Officers.
In analyzing prospective businesses opportunities, management will consider,
to the extent applicable, the available technical, financial and managerial
resources of any given business venture. Management will also consider the
nature of present and expected competition; potential advances in research and
development; the potential for growth and expansion; the likelihood of
sustaining a profit within given time frames; the perceived public recognition
or acceptance of products, services, trade or service marks; name
identification; and other relevant factors.
12
The Company's expansion in, and dependence on, its online direct marketing
efforts, could be hampered by State and/or Federal legislation limiting the
Company's ability to contact consumers online. These potential legislative
regulations could have an adverse affect on future operations, cash flows,
and financial position.
Management believes the Company can sustain itself for the next twelve months.
However, there can be no assurances to that effect. The Company's need for
capital may change dramatically if it acquires an interest in a business
opportunity. In the event the Company requires additional funds, the Company
will have to seek loans or equity placements to cover such cash needs. There
is no assurance additional capital will be available to the Company on
acceptable terms.
Liquidity and Capital Resources
- -------------------------------
As of June 30, 2006, the Company's current assets exceeded its current
liabilities by $4,989.
On December 24, 2003 (inception), the Company issued 30,000,000 shares of its
$0.001 par value common stock for cash.
On May 30, 2005, the Company issued 6,000,000 shares of its $0.001 par value
common stock pursuant to a regulation 504 offering.
On September 30, 2005, the Company effected a 6-for-1 forward split of its
$0.001 par value common stock. All references to common stock are
retroactively restated to reflect the forward split.
On December 5, 2005 the Company accepted a loan from its Director in the amount
of $3,200. The Company repaid $1,600 on December 19, 2005 leaving a principal
balance of $1,600 as of June 30, 2006. This loan incurs no interest or
fees.
As of June 30, 2006, the Company has 36,000,000 shares of common stock
issued and outstanding.
The Company has limited financial resources available, which has had an
adverse impact on the Company's liquidity, activities and operations.
These limitations have adversely affected the Company's ability to obtain
certain projects and pursue additional business. Without realization of
additional capital, it would be unlikely for the Company to continue as a
going concern. In order for the Company to remain a Going Concern it will
need to find additional capital. Additional working capital may be sought
through additional debt or equity private placements, additional notes
payable to banks or related parties (officers, directors or stockholders),
or from other available funding sources at market rates of interest, or a
combination of these. The ability to raise necessary financing will depend
on many factors, including the nature and prospects of any business to be
acquired and the economic and market conditions prevailing at the time
financing is sought. No assurances can be given that any necessary financing
can be obtained on terms favorable to the Company, or at all.
13
As a result of our the Company's current limited available cash, no officer
or director received compensation through the nine months ended June 30,
2006. No officer or director received stock options or other non-cash
compensation since the Company's inception through June 30, 2006. The
Company no longer has any employment agreements in place with its officers.
Nor does the Company owe its officers any accrued compensation, as the
Officers agreed to work for company at no cost, until the company can
become profitable on a consistent Quarter-to-Quarter basis.
The Company has no material commitments for capital expenditures nor does it
foresee the need for such expenditures over the next year.
Market Information
- ------------------
The common stock of the Company is not traded on the NASDAQ OTC Bulletin
Board or any other formal or national securities exchange. There is no
trading market for the Company's common stock at present and there has
been no trading market to date.
There is currently no common stock which is subject to outstanding options
or warrants to purchase, or securities convertible into, the Company's
common stock.
The Company did not repurchase any of its shares during the third quarter
of the fiscal year covered by this report.
Dividends
Holders of common stock are entitled to receive such dividends as the board of
directors may from time to time declare out of funds legally available for the
payment of dividends. No dividends have been paid on our common stock, and we
do not anticipate paying any dividends on our common stock in the foreseeable
future.
Forward-Looking Statements
- --------------------------
This Form 10-QSB includes "forward-looking statements" within the meaning
of Section 27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended. All statements, other than
statements of historical facts, included or incorporated by reference in this
Form 10-QSB which address activities, events or developments which the Company
expects or anticipates will or may occur in the future, including such things
as future capital expenditures (including the amount and nature thereof),
finding suitable merger or acquisition candidates, expansion and growth of
the Company's business and operations, and other such matters are forward-
14
looking statements. These statements are based on certain assumptions and
analyses made by the Company in light of its experience and its perception
of historical trends, current conditions and expected future developments as
well as other factors it believes are appropriate in the circumstances.
However, whether actual results or developments will conform with the
Company's expectations and predictions is subject to a number of risks and
uncertainties, general economic market and business conditions; the business
opportunities (or lack thereof) that may be presented to and pursued by the
Company; changes in laws or regulation; and other factors, most of which
are beyond the control of the Company.
This Form10-QSB contains statements that constitute "forward-looking
statements." These forward-looking statements can be identified by the use of
predictive, future-tense or forward-looking terminology, such as "believes,"
"anticipates," "expects," "estimates," "plans," "may," "will," or similar
terms. These statements appear in a number of places in this Registration and
include statements regarding the intent, belief or current expectations of
the Company, its directors or its officers with respect to, among other
things: (i) trends affecting the Company's financial condition or results of
operations for its limited history; (ii) the Company's business and growth
strategies; and, (iii) the Company's financing plans. Investors are
cautioned that any such forward-looking statements are not guarantees of
future performance and involve significant risks and uncertainties, and that
actual results may differ materially from those projected in the forward-
looking statements as a result of various factors. Factors that could
adversely affect actual results and performance include, among others, the
Company's limited operating history, potential fluctuations in quarterly
operating results and expenses, government regulation, technological change
and competition.
Consequently, all of the forward-looking statements made in this Form 10-QSB
are qualified by these cautionary statements and there can be no assurance
that the actual results or developments anticipated by the Company will be
realized or, even if substantially realized, that they will have the expected
consequence to or effects on the Company or its business or operations. The
Company assumes no obligations to update any such forward-looking statements.
Item 3. Controls and Procedures
As of the end of the period covered by this report, the Company conducted an
evaluation, under the supervision and with the participation of the principal
executive officer and principal financial officer, of the Company's disclosure
controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the
Securities Exchange Act of 1934 (the "Exchange Act")). Based on this
evaluation, the principal executive officer and principal financial officer
concluded that the Company's disclosure controls and procedures are effective
to ensure that information required to be disclosed by the Company in reports
that it files or submits under the Exchange Act is recorded, processed,
summarized and reported within the time periods specified in Securities and
Exchange Commission rules and forms. There was no change in the Company's
internal control over financial reporting during the Company's most recently
completed fiscal quarter that has materially affected, or is reasonably likely
to materially affect, the Company's internal control over financial reporting.
15
PART II OTHER INFORMATION
ITEM 1. Legal Proceedings
The Company is not a party to any legal proceedings.
ITEM 2. Changes in Securities and Use of Proceeds
None.
ITEM 3. Defaults upon Senior Securities
None.
ITEM 4. Submission of Matters to a Vote of Security Holders
The majority shareholders of the Company approved the purchase of Pavo Royal,
Inc., a fully reporting Company. On December 28, 2005, My Quote Zone, Inc.,
acquired all the outstanding shares of common stock of Pavo Royal from its sole
stockholder in an exchange for $3,600 cash in a transaction where My Quote Zone
is the successor corporation. Upon closing of the merger, the outstanding
shares of Pavo Royal were cancelled.
ITEM 5. Other Information
None.
ITEM 6. Exhibits and Reports on Form 8-K
a) Exhibits
Exhibit
Number Title of Document
----------------------------------------------------------------
31.1 Certifications of the President pursuant to Section 302 of the
Sarbanes-Oxley Act of 2002.
31.2 Certifications of the Director pursuant to Section 302 of the
Sarbanes-Oxley Act of 2002.
32.1 Certifications of President pursuant to 18 U.S.C. Section 1350
as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of
2002.
32.2 Certifications of Director pursuant to 18 U.S.C. Section 1350
as adopted pursuant to Section 906 of the Sarbanes-Oxley Act
of 2002.
16
b) Reports on Form 8-K
The Company filed a Current Report dated January 9, 2006, pursuant to Item
5.03 ("Amendments to Articles of Incorporation or Bylaws; Change in Fiscal
Year"); and Item 9.01 ("Financials Statements, Pro Forma Financial Information
and Exhibits") entitled Articles of Merger and corporate name change.
The Company filed a Current Report dated December 28, 2005, pursuant to Item
2.01 ("Completion of Acquisition or Disposition"); Item 5.01 ("Changes in
Control of Registrant"); Item 5.02 ("Departure of Directors or Principal
Officers; Election of Directors; Appointment of Principal Officers"); Item 5.03
("Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year");
Item 5.06. ("Change in Shell Company Status"); Item 8.01 ("Other Events");
and Item 9.01 ("Financials Statements, Pro Forma Financial Information and
Exhibits ") entitled the acquisition of Pavo Royal, Inc.
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 hereunto duly authorized.
My Quote Zone, Inc.
-------------------
Registrant
By: /s/ Mark Theis
---------------------
Name: Mark Theis
Title: Director
Dated: August 11, 2006
---------------
17