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AWARENESS FOR TEENS, INC. - 10-Q - MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION.

September 2, 2014



General

Awareness for Teens, Inc. ("Awareness") was incorporated on April 28, 2010 in the State of Nevada.

Business of Issuer

Our business plan originally contemplated providing financial literacy and a money management program for teenagers on a fee for service offered basis with specialized educational programs designed to maximize profit potential and customer loyalty. We had believed that there was a need to train teenagers who we believe lack the basic skills in the management of personal financial affairs.

We had been in the process of establishing ourselves as providing a financial literacy and money management educational program for teenagers for budgeting, the importance of saving, bank accounts and services, establishing and maintaining credit, planning for college, buying a car, basic investing, with related ancillary topics and intended to earn our revenues by charging a fee for individuals to complete our training course.

During the last quarter of 2012 and through 2013, we faced substantial competition, which we could not overcome, from courses in public and private high schools, colleges, other for-profit schools and alternatives to higher education (vocational skill schools and government military schools). This competition, together with past economic financial crisis that still was in recovery in the San Diego area of California, had an adverse effect on our ability to attract students, notwithstanding our marketing attempts.

We are currently inactive and we may remain inactive until such time as the environment for our services change. We may also seek out other business opportunities which will result in a change of our original goals and objectives.

Plan of Operation

Our purpose is to now seek, investigate and, if such investigation warrants, acquire an interest in business opportunities presented to it by persons or firms who or which desire to seek the advantages of a company who has complied with the Securities Exchange Act of 1934, as amended. We will not restrict our search to any specific business, industry, or geographical location and we may participate in a business venture of virtually any kind or nature. This discussion of the proposed business is purposefully general and is not meant to be restrictive of our virtually unlimited discretion to search for and enter into potential business opportunities. Management anticipates that it may be able to participate in only one potential business venture because we have nominal assets and limited financial resources. This lack of diversification should be considered a substantial risk to our shareholders because it will not permit us to offset potential losses from one venture against gains from another.

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Financial Condition

Our auditor's going concern opinion and the notation in the financial statements for the fiscal year ended December 31, 2013 indicate that we do not have sufficient cash or other material assets and that we may be relying on advances from shareholders, officers and directors to meet limited operating expenses. We do not have sufficient cash or other material assets nor do we have sufficient operations or an established source of revenue to cover our operational costs that would allow us to continue as a going concern until we are profitable.

Since the Company has had no operating history nor any significant revenues or earnings from operations, with no significant assets or financial resources, we will in all likelihood sustain operating expense without corresponding revenues, at least until the profitable consummation of any operations.

Results of Operations

Three months ended March 31, 2014

We had no revenues for the three month periods ended March 31, 2014 or 2013. We had no operating expenses for the three month periods ended March 31, 2014 and 2013 as there were no expenses as reports were not filed with the Securities and Exchange Commission.

Liquidity

As of March 31, 2014 and December 31, 2013, we had $ 12,932 cash, total liabilities of $ 10,585 and a net worth of $ 2,347.

We have had no revenues from inception to March 31, 2014. We have a loss from inception through December 31, 2013 of $ 27,653. Our loss from inception to March 31, 2014 is $27,653.

We have officer's advances of $ 9,170 from inception to March 31, 2014 and December 31, 2013.


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Source: Edgar Glimpses


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