News Column


May 20, 2014


Certain statements in this quarterly report on Form 10-Q contain or may contain forward-looking statements that are subject to known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These forward-looking statements were based on various factors and were derived utilizing numerous assumptions and other factors that could cause our actual results to differ materially from those in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this report. Except for our ongoing obligations to disclose material information under the Federal securities laws, we undertake no obligation to release publicly any revisions to any forward-looking statements, to report events or to report the occurrence of unanticipated events. For any forward-looking statements contained in any document, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.


We are a development stage company and have generated no revenues since inception (October 28, 2011). Because of the change in control, as disclosed in the Form 8-K files with the Commission on May 5, 2014, the Registrant is going in a new business direction, as discussed below in Plan of Operation. The income statements for the period ended March 31, 2014 and for prior periods, are not indicative of the Registrant's proposed new business.

Cash provided by financing activities since inception through March 31, 2014 was $20,000 from the sale of 25,000,000 shares of common stock to our officer and director in November 2011, $1,000 from the issuance of 1,200,000 shares of common stock to Garden Bay International in December, 2011, and from loans from an officer, who is now a former officer (see Subsequent Event-Change of Control, below), and whose loan was repaid in full. New management intends to capitalize the Registrant as funds are needed.


As a result of the change of control as disclosed in the Form 8-K filed with the Commission on May 5, 2014, any liquid assets of the Registrant, and all liabilities, were assumed and paid by the Registrant's former officer. New management intends to capitalize the Registrant as funds are needed.


As previously reported in a Form 8-K filed with the Commission on May 5, 2014, on March 13 2014, S. Douglas Henderson (the "Seller"), entered into a Common Stock Purchase Agreement (the "Stock Purchase Agreement") pursuant to which the Seller agreed to sell to Redfield Holdings, Ltd., a Delaware corporation (the "Purchaser"), with a principal place of business at 2301 Woodland Crossing Dr., Suite 155, Herndon, VA 20171, the Twenty Five Million (25,000,000) shares of common stock of the Registrant(the "Shares") owned by Mr. Henderson, constituting approximately 95.4% of the Registrant's outstanding common stock, for $255,000.


The sale of the Shares was completed on April 18, 2014. As a result of the sale there was a change of control of the Registrant. There was no family relationship or other relationship between the Seller and the Purchaser.

In connection with the sale under the Stock Purchase Agreement, the Seller, who was also the Registrant's sole officer and director, resigned all of his positions and appointed Sabir Saleem and Fernandino Ferrara (the "Designees") as directors of the Registrant. As a result thereof, the Designees now constitute the entire Board of Directors of the Registrant.

As of the date hereof, the authorized capital stock of the Registrant consists of 100,000,000 shares of common stock, par value $.0001 per share, of which 26,200,000 shares are issued and outstanding, and 20,000,000 shares of Preferred Stock, $.0001 par value, none of which shares are issued or outstanding. Each share of common stock is entitled to one vote with respect to all matters to be acted on by the stockholders.

The change of control was a private transaction between the Seller and Purchaser, and no new shares of the Registrant were sold or issued.


The Company intends to expand its business activities in the area of the over-the-counter pharmaceutical industry. Arrangements are being worked out and the draft contracts are being reviewed by the legal counsel, whereby Free Flow, Inc. would become the "Managing Agent" for GS Pharmaceuticals, Inc., which owns the rights to manufacture, market and sell HYGIENiQTM an aerosol treatment that eliminates and repels smoke odor, mold and mildew from car and home. Two videos can be viewed at GS Pharmaceuticals may be deemed an "affiliate," by reason that Sabir Saleem, is the CEO of GS Pharmaceuticals, Free Flow, Inc.'s new CEO and controlling shareholder.

Free Flow, Inc. is also negotiating to be the assignee of an agreement that GS Pharmaceuticals, Inc. has entered into with an international auto dealership in India, to form a joint venture to manufacture and use an estimated 100,000 cans in-house of the HYGIENiQ. The dealership sells over 100,000 automobiles a year. Free Flow, Inc. will own and control the Indian company (under formation) to manufacture and sell HYGINiQ in India.


We have no off-balance sheet arrangements.


Our auditor has issued a going concern opinion. This means that there is substantial doubt that we can continue as an on-going business for the next twelve months unless we obtain additional capital to pay our bills. This is because we have not generated revenues and no revenues are anticipated until sales are generated. There is no assurance we will ever reach that point.


For more stories on investments and markets, please see HispanicBusiness' Finance Channel

Source: Edgar Glimpses

Story Tools Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters