MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS The following discussion and analysis is intended to help you understand our financial condition and results of operations for the periods ended September 30, 2013 and September 30, 2012 . You should read the following discussion and analysis together with our audited financial statements and the notes to the financial statements included under Item 8 in this report. Our future financial condition and results of operations will vary from our historical financial condition and results of operations described below based on a variety of factors. You should carefully review the risks described under Item 1A and elsewhere in this report, which identify certain important factors that could cause our future financial condition and results of operations to vary. LIQUIDITY AND CAPITAL RESOURCES As of September 30, 2013 we had assets of $34,806 (all cash) and liabilities of $203,265 and we had an accumulated deficit of $234,804 . As of September 30, 2012 we had assets of $89,759 (all cash) and liabilities of $204,565 and we had an accumulated deficit of $181,151 . Our only expenses in 2013, and thus our entire loss, was a result of professional, general, and administrative expenses which totaled $53,653 . Our only expenses in 2012, and thus our entire loss for that year, was also a result of professional, general, and administrative expenses which totaled $64,247 . Our decrease in liabilities from $204,565 in 2012 to $203,265 in 2013 resulted from a decrease in shareholder loans. Our primary liabilities are loans from shareholders which total $200,065 . The loans are interest-free and due on demand. We will, in all likelihood, sustain continued operating expenses without corresponding revenues, at least until the closing of a merger with or acquisition of an operating business, and we will continue to depend upon shareholders, officers, and directors to make loans to the Company to meet any costs that may occur. All such advances will be interest-free. RESULTS OF OPERATIONS The Company has no current operations and does not have any revenues or earnings from operations. Moreover, the Company has had no operations and no revenues since its inception on November 17, 2009 , and no operations will develop unless and until the Company is successful in its plan to merge with or acquire an operating business. GOING CONCERN. The accompanying financial statements are presented on a going concern basis. The company's financial condition raises substantial doubt about the Company's ability to continue as a going concern. The Company does not have cash or other material assets nor does it have any operations or revenues from operations. It is relying on advances from stockholders, officers and directors to meet its limited operating expenses. 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. DISCLOSURE OF CONTRACTUAL OBLIGATIONS The Company has no contractual obligations. Item 7A.
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