UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-K

(Mark One)**X**  ANNUAL REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended June 30, 2016

or

TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
  For the transition period from _______________ to ______________

Commission file number: 000-31154

Nevada Classic Thoroughbreds, Inc.
    (Name of small business issuer in its charter)

Nevada
        86-1007952(State or other jurisdiction of incorporation
            or organization)
        (I.R.S. EIN)6163 E. Greenway Street, #2,Mesa,AZ
        85205(Address of principal executive offices)
        (Zip Code)


Issuer's telephone number:(480) 890-0678

Securities registered under Section 12(b) of the Exchange Act:None

Securities registered under 12(g) of the Exchange Act:Common Stock
    (Title of Class)

Ranch Preferred Stock
    (Title of Class)

Horse Preferred Stock
(Title of Class)

---

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in rule 405 of the Securities Act.       Yes       NoX


Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.        YesX       No

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 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 past 90 days.       YesX       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 (§ 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) .       YesX       No

Indicate by check mark if disclosure of delinquent filers in response to Item 405 of Regulation S-K (§229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this form 10-K or any amendment to this Form 10-K.

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or smaller reporting company. See the definitions of "large accelerated filer," "accelerated filer," and "smaller reporting company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer                                                                                                  
   Accelerated filer

Non-accelerated filer (Do not check if a smaller reporting company)                              
  Smaller reporting company X

Indicate by check mark whether the registrant is a shell company (as defined in rule 12b-2 of the Act) .       Yes       NoX

State issuer's revenues for its most recent fiscal year. $0.00

State the aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was sold, or the average bid and asked price of such common equity, as of the last business day of the registrant's most recently completed second fiscal quarter.

Not Applicable

APPLICABLE ONLY TO REGISTRANTS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PRECEDING FIVE YEARS

Not Applicable

(APPLICABLE ONLY TO CORPORATE REGISTRANTS)

Indicate the number of shares outstanding of each of the registrant's classes of common stock, as of the latest practicable date.

1,900,000 shares Common Stock
  4,000,000 shares Preferred Stock (2,000,000 shares Ranch Preferred and 2,000,000 shares Horse Preferred)

DOCUMENTS INCORPORATED BY REFERENCE

List hereunder the following documents if incorporated by reference and the Part of the Form 10-K (e.g., Part I, Part II, etc.) into which the document is incorporated: (1) Any annual report to security holders; (2) Any proxy or information statement; and (3) Any prospectus filed pursuant to Rule 424(b) or (c) under the Securities Act of 1933. The listed documents should be clearly described for identification purposes (e.g., annual report to security holders for fiscal year ended December 24, 1980).

None

2




TABLE OF CONTENTS

PAGEPART I:Item 1:
        Business
        4Item 1A:
        Risk Factors
        5Item 1B:
        Unresolved Staff Comments
        5Item 2:
        Property
        5Item 3:
        Legal Proceedings
        5Item 4:
        Mine Safety Disclosures
        5PART II:Item 5:
        Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
        6Item 6:
        Selected Financial Data
        6Item 7:
        Management's Discussion and Analysis of Financial Condition and Results of Operation
        6Item 7A:
        Quantitative and Qualitative Disclosures About Market Risk
        6Item 8:
        Financial Statements and Supplementary Data
        6 Item  8a:
        Effectiveness of the Company's Controls and Procedures
        18Item 9:
        Changes In and Disagreements With Accountants on Accounting and Financial Disclosure; 
    Compliance With Section 16(a) of the Exchange Act
        18Item 9A:
        Controls and ProceduresItem 9B:
        Other Information
        18PART III:Item 10:
        Directors, Executive Officers, and Corporate Governance
        19Item 11:
        Executive Compensation
        19Item 12:
        Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters
        19Item 13:
        Certain Relationships and Related Transactions, and Director Independence
        19Item 14:
        Principal Accounting Fees and Services
        19PART IV:Item 15:
        Exhibits, Financial Statement Schedules
        20SIGNATURES
        
        21


3




PART I:

ITEM 1: Business.

Nevada Classic Thoroughbreds, Inc. (henceforth referred to as "NCT" or the "company") has developed a thoroughbred racing and breeding stallion, proprietary horse racing structure. The company is specialized, making it possible for one or two people to maintain the operation of the company.

The company's proprietary solution to the horse racing industry's challenge is ***Power Genetics*** ***Mathematical Racing NumbersTM***("***PGMRN***"), pre-potent characteristics in horses that can reproduce themselves.

MARKET

There are three distinct markets for the company's horses.

The first market is to race company horses in "claiming races." The claiming race is to enable people to buy the company's horses at the racetrack. This is a viable means of eliminating horses that are good but not quite able to compete at the top level of horse racing.

The second market is racing income from the racetrack. When the race horse races and performs well, NCT will receive income, or "purse money," from the winnings.

The third market is for the syndication of stallions. The stallions that possess outstanding pedigrees, conformation, and race records are syndicated into breeding shares. A breeding share entitles the share owner to breed one mare to the stallion in any one particular breeding season for the duration of the stallion's life.

The company is not dependent on only a few customers, since the horse racing industry's market is virtually nationwide, where the horses can be purchased or sold virtually throughout the entire United States. The company is not limited by its customers or limited by the location of its selected horses. These stallions are, almost without exception, readily available and accessible.

The company does not require governmental approval or licensing for any of its stallion racing or breeding prospects. However, the racetrack requires a normal training license where the horse is intended to race. The licensing is to provide safety for the horse and riders who train and compete at that specific track.

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4

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ITEM 1A: Risk Factors.

The Company is a high-risk/reward company. The risks are substantial and varied. At the present time, the Company's only shareholders are officers, directors, or sophisticated and accredited investors. The following risk factors are only a sample of the problems and risks the Company faces.

1. The Skill or Art of Horse Racing

The Company's business is an art or skill, each horse being unique and non-duplicable. The costs of training, developing, and racing horses is the same whether the horse is a great money-earner or a complete loss. The trainers, groomers, and all those employed in handling of the race horses is solely a  skill and unique to each individual horse. Each end product is a unique creation of art through the skill of all those participating in its development. As such any one of the many individuals failing to do their job at its utmost could result in a horse being completely worthless.

2.  Research and Development Implementation

The Company has, through its research and development as of June 30, 2016, developed criteria that gives the Company an advantage, and if such criteria is met, the horse has a 80% chance of earnings over $1 million. The Company did a random sample of stallions in the Blood Horse magazine that had earnings less than $100,000, and found that none of these horses met the Company's criteria for purchase. The Company randomly selected 30 horses that met the Company's criteria, 25 of which had earnings over $1 million. The problem the Company faces is that the Company will only be able to purchase or breed one race horse, given its financial restraints. Thus, there is a good probability that the chosen horse will not run as expected and will be a part of the 17% of horses meeting the Company's criteria, but that did not race well.

3.  Perfect Combinations

Unfortunately, for any horse earning over $1 million, it must have a perfect combination of breeding, training, health, grooming, safety during transport, and numerous other factors relating to that one horse. Any one phase of the horse's development that is not perfect, could result in the horse being completely worthless as a race horse.

ITEM 1B.  Unresolved Staff Comments

Not applicable.

ITEM 2: Property.

No horses at this time.

ITEM 3: Legal Proceedings.

Not Applicable.

ITEM 4: Mine Safety
Disclosures.

Not Applicable.

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5

---

PART II:

ITEM 5: Market for Registrant's Common Equity,
Related Stockholder Matters and Issuer Purchases of Equity Securities.

There are no markets for the company's securities. The company is inactive at the present time.

The company intends to obtain a market maker for the company's common stock and horse preferred stock.

The market for the company's stock is in the heart of the horse racing and gaming industry. One or more market makers in either of the states of Kentucky, California, Nevada, or New York would suit the needs of the investors as well as providing the company with representation in the horse racing industry, thereby giving investors the flexibility of various security goals and the company with its liquidity to take advantage of opportunities as they arise. The company needs to meet the needs of its shareholders in their buying and selling of the company's securities, and in their investment objections, having available horse preferred stock in the horses the company acquires. Investors may want the the  potential capital appreciation of the company's horses.

ITEM 6: Selected Financial Data.

Not required.

ITEM 7: Management's Discussion and Analysis of Financial Condition and Results of Operation.

The company is now inactive, and plans to remain inactive until such time as new liquidity can be acquired for the purpose of purchasing additional stallion prospects.

*RESULT OF OPERATIONS*

Research and Development Implementation

The Company has, through its research and development as of June 30, 2016, developed criteria that gives the Company an advantage, and if such criteria is met, the horse has an 80% chance of earnings over $1 million. The Company did a random sample of stallions in the Blood Horse magazine that had earnings less than $100,000, and found that none of these horses met the Company's criteria for purchase. The Company randomly selected 30 horses that met the Company's criteria, 25 of which had earnings over $1 million. The problem the Company faces is that the Company will only be able to purchase or breed one race horse, given its financial restraints. Thus, there is a good probability that the chosen horse will not run as expected and will be a part of the 17% of horses meeting the Company's criteria, but that did not race well.

Perfect Combinations

Unfortunately, for any horse earning over $1 million, it must have a perfect combination of breeding, training, health, grooming, safety during transport, and numerous other factors relating to that one horse. Any one phase of the horse's development that is not perfect, could result in the horse being completely worthless as a race horse.

*MARKET MAKING*

The company is in the process of obtaining a market maker for its stock, and anticipates being on the Pink Sheets until the company meets the
    requirements of the OTC Bulletin Board. While the company is in the process
    of securing a market maker, there can be no guarantees that a market maker
    will be available, or that the company will meet their requirements in order
    to make a market for the company's securities.

*FINANCIAL CONDITION AND LIQUIDITY*

The Company expects to remain inactive. The Board of Directors intends to pay a substantial portion of the company's expenses, as determined on an on-going basis by the Board of Directors, until such time as the company is able to produce a profit.

The officers and directors have paid the majority of the company's expenses.

ITEM 7A: Quantitative and Qualitative Disclosures About Market Risk.

***Power Genetics Mathematical Racing NumbersTM (PGMRN)***

*COMPETITION*

The competition is catching up to the company in one aspect of NCT's proprietary ***PGMRN*** Number Indexes, specifically Index 6. For example, *Lost In The Fog*, a horse-of-the-year candidate in 2005, won ten straight races before being defeated in the Breeders Cup Championship Series Sprint race. *Lost In The Fog* was analyzed by a company that analyzes efficiency of stride. According to the Breeders Cup announcers, they analyzed length of stride and time in the air, and he was selected for this quality. This would imply that some individuals are beginning to understand and apply the relationship of Index 6 to a quality of the race horse.

The competition is still behind the company in using the total Power Numbers in selecting horses for breeding and racing. The indicators are that some owners and trainers are willing to go through the expense of analyzing Index indicator Number 6 to help in their selection process, especially the select Kentucky sales, where horses are sold for millions of dollars. However, the other indicators seem to be unnoticed at the present time in comparing horses that have good indicators to those that do not. Their price seems to be relatively the same, and no correspondence seems to exist between the poor and good indicators and the prices at which they are sold. The thoroughbred sales in California and Texas have usually less expensive horses, and it is rare that anyone would go to the expense of analyzing these horses because of their lower auction prices. This gives the company a big advantage. The company can see the horses a day before the sale, analyze hundreds of horses using the complete Power Index Numbers rather than just Index 6, and purchase or bid on horses that have the complete package.

ITEM 8: Financial Statements and Supplementary Data.

The following financial statements are attached to this Form 10-K Annual
Report and filed as a part hereof.

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6

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NEVADA CLASSIC THOROUGHBREDS, INC. 
    (A Development Stage Company)

CONSOLIDATED FINANCIAL STATEMENTS 
    (Unaudited)

JUNE 30, 2016

Index to Financial Statements

FINANCIAL STATEMENTS
        PAGEBalance Sheet
        
        8Statement of Operations
        
        9Statement of Stockholders' Equity
        
        10Statement of Cash Flows
        
        12Notes to Financial Statements
        
        13


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7




BALANCE SHEET

FOR PERIOD ENDING JUNE 30, 2016

ASSETSJUNE 30, 2016
        
        
        
        JUNE 30, 2015CURRENT ASSETSCash
        
        
        
        $
        0
        
        
        
        $
        0Corporate Checking account
        
        
        
        
        0
        
        
        
        
        0Corporate Savings account
        
        
        
        
        0
        
        
        
        
        0Real estate investment
        
        
        
        
        13,954
        
        
        
        
        13,954TOTAL ASSETS
        
        
        
        
        13,954
        
        
        
        
        13,954LIABILITIES AND STOCKHOLDERS' EQUITYCURRENT LIABILITIESAccounts payable
        
        
        
        $
        0
        
        
        
        $
        0Credit Line
        
        
        
        
        0
        
        
        
        
        0STOCKHOLDERS' EQUITYHorse and Ranch Preferred Stock,par value $.001 per shareAuthorized 5,000,000 (2,500,000 Horse Preferredand 2,500,000 Ranch Preferred) shares;4,000,000 shares issued and outstanding(2,000,000 Horse Preferred and 2,000,000 
                 Ranch Preferred)
        $
        4,000
        
        
        
        
        4,000Common stock,par value $.001 per shareAuthorized 5,000,000 shares1,900,000 shares issued andoutstanding
        
        1,900
        
        
        
        
        1,900Paid in capital in excess of par value of stock
        
        720
        
        
        
        
        720Stockholder receivable
        
        0
        
        
        
        
        0Deficits accumulated during developmental stage13
        
        (134,680
        )
        
        
        
        (133,960
        )TOTAL STOCKHOLDERS' EQUITY 1
        
        
        
        $
        13,954
        
        
        
        $
        13,954TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 1
        
        
        
        $
        13,954
        
        
        
        $
        13,954


See Accompanying Notes

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8




**STATEMENT OF OPERATIONS**

**FOR PERIOD ENDING JUNE 30, 2016**

JUNE 30, 2016
        
        
        
        JUNE 30, 2015REVENUE
        
        
        
        $
        0
        
        
        
        
        $
        0EXPENSESAdministrative
        
        
        
        
        720
        
        
        
        
        720MarketingGeneral
        
        
        
        
        0
        
        
        
        
        0Colt (*Buster Beau*)Initial Expenses
        
        NA
        
        
        
        
        
        NAPasture, Board & Training
        $
        0
        
        
        
        
        $
        0Supplemental Feed
        
        0
        
        
        
        
        0Veterinarian & Ferrier
        
        0
        
        
        
        
        
        
        00
        
        
        
        
        0Colt (*Titan Up*)Initial Expenses
        
        NA
        
        
        
        
        
        NAPasture, Board & Training
        $
        0
        
        
        
        
        $
        0Supplemental Feed
        
        0
        
        
        
        
        0Veterinarian & Ferrier
        
        0
        
        
        
        
        
        
        00
        
        
        
        
        0SEC Accounting
        
        
        
        
        $
        0
        
        
        
        $
        0TOTAL EXPENSES
        
        
        
        
        $
        720
        
        
        
        
        720NET (LOSS)
        
        
        
        
        $
        (720
        )
        
        
        $
        (720
        )NET (LOSS) PER COMMON SHAREBasic and diluted
        
        
        
        $
        ( .00
        )
        
        
        $
        ( .00
        )WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDINGBasic and diluted
        
        
        
        1,900,000
        
        
        
        
        1,900,000


See Accompanying Notes

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9




**STATEMENT OF STOCKHOLDERS' EQUITY**

**FOR THE PERIOD FROM INCEPTION (NOVEMBER 1, 2000) TO JUNE 30, 2016**

|Common and Preferred Stock                                                                                                              
|----------------------------------------------------------------------------------------------------------------------------------------
|                                                                                                                                        
|COMMON STOCK
        Balance at Inception - November 1, 2000.                                                                           
|PREFERRED STOCKBalance at inception - November 1, 2000                                                                                  
|                                                                                                                                        
|COMMON STOCK Balance - June 2001                                                                                                        
|PREFERRED STOCK Balance - June 30, 2001                                                                                                 
|                                                                                                                                        
|COMMON Stock issued to Operations Manager for services. Donated back to company for future disbursement for period ending June 30, 2002 
|COMMON STOCK Balance - June 2002                                                                                                        
|PREFERRED STOCK Balance - June 30, 2002                                                                                                 
|                                                                                                                                        
|COMMON Stock issued to Operations Manager for services. Donated back to company for future disbursement, for period ending June 30, 2003
|COMMON STOCK Balance - June 30, 2003                                                                                                    
|PREFERRED STOCK  Balance - June 30, 2003                                                                                                
|                                                                                                                                        
|COMMON Stock split 20:1 April 5, 2004                                                                                                   
|COMMON Stock issued to Operations Manager for services. Donated back to company for future disbursement, for period ending June, 2004   
|COMMON STOCK Balance - June 30, 2004                                                                                                    
|PREFERRED STOCK Balance - June 30, 2004                                                                                                 
|                                                                                                                                        
|COMMON STOCK Balance - June 2005                                                                                                        
|PREFERRED STOCK split 800:1 June 30, 2005                                                                                               
|Preferred Stock divided into Ranch Preferred and Horse Preferred, as follows:                                                           
|Ranch Preferred:                                                                                                                        
|Horse Preferred:                                                                                                                        
|Preferred Dividends to common stock shareholders from Preferred Stock, as follows:                                                      
|Ranch Preferred:                                                                                                                        
|Horse Preferred:                                                                                                                        
|                                                                                                                                        
|COMMON STOCK Balance - June 2006                                                                                                        
|PREFERRED STOCK - June 2006                                                                                                             
|Preferred Stock divided into Ranch Preferred and Horse Preferred, as follows:                                                           
|Ranch Preferred:                                                                                                                        
|Horse Preferred:                                                                                                                        
|Preferred Dividends to common stock shareholders from Preferred Stock, as follows:                                                      
|Ranch Preferred:                                                                                                                        
|Horse Preferred:                                                                                                                        
|                                                                                                                                        
|COMMON STOCK Balance - June 2007                                                                                                        
|PREFERRED STOCK - June 2007                                                                                                             
|Preferred Stock divided into Ranch Preferred and Horse Preferred, as follows:                                                           
|Ranch Preferred:                                                                                                                        
|Horse Preferred:                                                                                                                        
|Preferred Dividends to common stock shareholders from Preferred Stock, as follows:                                                      
|Ranch Preferred:                                                                                                                        
|Horse Preferred:                                                                                                                        
|                                                                                                                                        
|COMMON STOCK Balance - June 2008                                                                                                        
|PREFERRED STOCK - June 2008                                                                                                             
|Preferred Stock divided into Ranch Preferred and Horse Preferred, as follows:                                                           
|Ranch Preferred:                                                                                                                        
|Horse Preferred:                                                                                                                        
|Preferred Dividends to common stock shareholders from Preferred Stock, as follows:                                                      
|Ranch Preferred:                                                                                                                        
|Horse Preferred:                                                                                                                        
|                                                                                                                                        
|COMMON STOCK Balance - June 2009                                                                                                        
|PREFERRED STOCK - June 2009                                                                                                             
|Preferred Stock divided into Ranch Preferred and Horse Preferred, as follows:                                                           
|Ranch Preferred:                                                                                                                        
|Horse Preferred:                                                                                                                        
|Preferred Dividends to common stock shareholders from Preferred Stock, as follows:                                                      
|Ranch Preferred:                                                                                                                        
|Horse Preferred:                                                                                                                        
|                                                                                                                                        
|COMMON STOCK Balance - June 2010                                                                                                        
|PREFERRED STOCK - June 2010                                                                                                             
|Preferred Stock divided into Ranch Preferred and Horse Preferred, as follows:                                                           
|Ranch Preferred:                                                                                                                        
|Horse Preferred:                                                                                                                        
|Preferred Dividends to common stock shareholders from Preferred Stock, as follows:                                                      
|Ranch Preferred:                                                                                                                        
|Horse Preferred:                                                                                                                        
|COMMON STOCK Balance - June 2011                                                                                                        
|PREFERRED STOCK - June 2011                                                                                                             
|Preferred Stock divided into Ranch Preferred and Horse Preferred, as follows:                                                           
|Ranch Preferred:                                                                                                                        
|Horse Preferred:                                                                                                                        
|Preferred Dividends to common stock shareholders from Preferred Stock, as follows:                                                      
|Ranch Preferred:                                                                                                                        
|Horse Preferred:                                                                                                                        
|                                                                                                                                        
|COMMON STOCK Balance - June 2012                                                                                                        
|PREFERRED STOCK - June 2012                                                                                                             
|Preferred Stock divided into Ranch Preferred and Horse Preferred, as follows:                                                           
|Ranch Preferred:                                                                                                                        
|Horse Preferred:                                                                                                                        
|Preferred Dividends to common stock shareholders from Preferred Stock, as follows:                                                      
|Ranch Preferred:                                                                                                                        
|Horse Preferred:                                                                                                                        
|                                                                                                                                        
|COMMON STOCK Balance - June 2013                                                                                                        
|PREFERRED STOCK - June 2013                                                                                                             
|Preferred Stock divided into Ranch Preferred and Horse Preferred, as follows:                                                           
|Ranch Preferred:                                                                                                                        
|Horse Preferred:                                                                                                                        
|Preferred Dividends to common stock shareholders from Preferred Stock, as follows:                                                      
|Ranch Preferred:                                                                                                                        
|Horse Preferred:                                                                                                                        
|                                                                                                                                        
|COMMON STOCK Balance - June 2014                                                                                                        
|PREFERRED STOCK - June 2014                                                                                                             
|Preferred Stock divided into Ranch Preferred and Horse Preferred, as follows:                                                           
|Ranch Preferred:                                                                                                                        
|Horse Preferred:                                                                                                                        
|Preferred Dividends to common stock shareholders from Preferred Stock, as follows:                                                      
|Ranch Preferred:                                                                                                                        
|Horse Preferred:                                                                                                                        
|                                                                                                                                        
|COMMON STOCK Balance - June 2015                                                                                                        
|PREFERRED STOCK - June 2015                                                                                                             
|Preferred Stock divided into Ranch Preferred and Horse Preferred, as follows:                                                           
|Ranch Preferred:                                                                                                                        
|Horse Preferred:                                                                                                                        
|Preferred Dividends to common stock shareholders from Preferred Stock, as follows:                                                      
|Ranch Preferred:                                                                                                                        
|Horse Preferred:                                                                                                                        
|                                                                                                                                        
|COMMON STOCK Balance - June 2016                                                                                                        
|PREFERRED STOCK - June 2016                                                                                                             
|Preferred Stock divided into Ranch Preferred and Horse Preferred, as follows:                                                           
|Ranch Preferred:                                                                                                                        
|Horse Preferred:                                                                                                                        
|Preferred Dividends to common stock shareholders from Preferred Stock, as follows:                                                      
|Ranch Preferred:                                                                                                                        
|Horse Preferred:                                                                                                                        
|                                                                                                                                        
|COMMON STOCK Net Loss from inception                                                                                                    
|PREFERRED STOCK Net Loss from inception                                                                                                 
|                                                                                                                                        

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10




**STATEMENT OF STOCKHOLDERS' EQUITY (Continued)**

**FOR THE PERIOD FROM INCEPTION (NOVEMBER 1, 2000) TO JUNE 30, 2005**

|UNAUDITEDJUNE 30, 2005                                                              |                                                                                               | UNAUDITED
  JUNE 30, 2004 |                                                             | UNAUDITED
  JUNE 30, 2003                                         |  | UNAUDITED
  JUNE 30, 2002                                   |                                                                   | AUDITED
  JUNE 30, 2001 |                                                             | UNAUDITED
  JUNE 30, 2000                                        
|----------------------------------------------------------------------------------- | --------------------------------------------------------------------------------------------- | ------------------------- | ----------------------------------------------------------- | ----------------------------------------------------------------- |  | ----------------------------------------------------------- | ----------------------------------------------------------------- | ----------------------- | ----------------------------------------------------------- | -----------------------------------------------------------------
|Paid in Capital
            in Excess of
            Par Value
            of Stock | Deficit
            Accumulation
            during the
            Development
        Stage |                           | Paid in Capital
    in Excess of
    Par Value
    of Stock | Deficit
    Accumulation
    during the
    Development
    Stage |  | Paid in Capital
    in Excess of
    Par Value
    of Stock | Deficit
    Accumulation
    during the
    Development
    Stage |                         | Paid in Capital
    in Excess of
    Par Value
    of Stock | Deficit
    Accumulation
    during the
    Development
    Stage
|AT DATE OF INCEPTION                                                               
|0                                                                                   | 0                                                                                             |                           | 0                                                           | 0                                                                 |  | 0                                                           | 0                                                                 |                         | 0                                                           | 0                                                                
|NOVEMBER 1, 2000 - STOCK ISSUED TO FOUNDERS                                        
|Preferred                                                                          
|(4,000)                                                                             | 0                                                                                             |                           | (5)                                                         | 0                                                                 |  | (5)                                                         | 0                                                                 |                         | (5)                                                         | 0                                                                
|Common                                                                             
|(1,900)                                                                             | 0                                                                                             |                           | (1,900)                                                     | 0                                                                 |  | (93)                                                        | 0                                                                 |                         | (91)                                                        | 0                                                                
|FAIR MARKET VALUE OF SERVICES DONATED BY STOCKHOLDERS                              
|10,936                                                                              | (54,679)                                                                                      |                           | 10,936                                                      | (43,793)                                                          |  | 10,936                                                      | (32,807)                                                          |                         | 10,936                                                      | (21,871)                                                         
|INCREASE IN PAID IN CAPITAL FOR PAYMENT OF EXPENSES BY STOCKHOLDERS                
|1,760                                                                               | (13,041)                                                                                      |                           | 1,760                                                       | (11,281)                                                          |  | 1,760                                                       | (9,521)                                                           |                         | 3,797                                                       | (7,761)                                                          
|NET (LOSS) FOR EACH PERIOD SHOWN                                                   
|0                                                                                   | (12,696)                                                                                      |                           | 0                                                           | (12,696)                                                          |  | 0                                                           | (12,696)                                                          |                         | 0                                                           | (13,797)                                                         
|BALANCE FOR EACH PERIOD SHOWN                                                      
|12,696                                                                              | (67,720)                                                                                      |                           | 12,696                                                      | (53,956)                                                          |  | 12,696                                                      | (41,260)                                                          |                         | 13,814                                                      | (28,564)                                                         

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**CONTINUED -- FOR THE PERIOD FROM  JUNE 30, 2006 THROUGH JUNE 30, 2011**

|UNAUDITED
JUNE 30, 2011                                                             |                                                                                               | UNAUDITED
JUNE 30, 2010 |                                                             | UNAUDITED
JUNE 30, 2009                                           |  | UNAUDITED
JUNE 30, 2008                                     |                                                                   | UNAUDITED
  JUNE 30, 2007 |                                                             | UNAUDITED
  JUNE 30, 2006                                        
|----------------------------------------------------------------------------------- | --------------------------------------------------------------------------------------------- | ----------------------- | ----------------------------------------------------------- | ----------------------------------------------------------------- |  | ----------------------------------------------------------- | ----------------------------------------------------------------- | ------------------------- | ----------------------------------------------------------- | -----------------------------------------------------------------
|Paid in Capital
            in Excess of
            Par Value
            of Stock | Deficit
            Accumulation
            during the
            Development
        Stage |                         | Paid in Capital
    in Excess of
    Par Value
    of Stock | Deficit
    Accumulation
    during the
    Development
    Stage |  | Paid in Capital
    in Excess of
    Par Value
    of Stock | Deficit
    Accumulation
    during the
    Development
    Stage |                           | Paid in Capital
    in Excess of
    Par Value
    of Stock | Deficit
    Accumulation
    during the
    Development
    Stage
|AT DATE OF INCEPTION                                                               
|0                                                                                   | 0                                                                                             |                         | 0                                                           | 0                                                                 |  | 0                                                           | 0                                                                 |                           | 0                                                           | 0                                                                
|NOVEMBER 1, 2000 - STOCK ISSUED TO FOUNDERS                                        
|Preferred                                                                          
|(4,000)                                                                             | 0                                                                                             |                         | (4,000)                                                     | 0                                                                 |  | (4,000)                                                     | 0                                                                 |                           | (4,000)                                                     | 0                                                                
|Common                                                                             
|(1,900)                                                                             | 0                                                                                             |                         | (1,900)                                                     | 0                                                                 |  | (1,900)                                                     | 0                                                                 |                           | (1,900)                                                     | 0                                                                
|FAIR MARKET VALUE OF SERVICES DONATED BY STOCKHOLDERS                              
|0                                                                                   | 0                                                                                             |                         | 0                                                           | 0                                                                 |  | 0                                                           | 0                                                                 |                           | 0                                                           | (93,146)                                                         
|INCREASE IN PAID IN CAPITAL FOR PAYMENT OF EXPENSES BY STOCKHOLDERS                
|320                                                                                 | (64,165)                                                                                      |                         | 320                                                         | (63,845)                                                          |  | 4,583                                                       | (63,525)                                                          |                           | 16,595                                                      | (58,942)                                                         
|NET (LOSS) FOR EACH PERIOD SHOWN                                                   
|320                                                                                 | (131,885)                                                                                     |                         | 320                                                         | (131,565)                                                         |  | 4,583                                                       | (4,583)                                                           |                           | 16,595                                                      | (34,091)                                                         
|BALANCE FOR EACH PERIOD SHOWN                                                      
|320                                                                                 | (131,885)                                                                                     |                         | 320                                                         | (131,565)                                                         |  |                                                             | (131,245)                                                         |                           | 16,595                                                      | (127,042)                                                        

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**CONTINUED -- FOR THE PERIOD FROM  JUNE 30, 2012 THROUGH JUNE 30, 2016**

|UNAUDITED
JUNE 30, 2016                                                             |                                                                                               | UNAUDITED
  JUNE 30, 2015 |                                                 | UNAUDITED
  JUNE 30, 2014                      |  | UNAUDITED
  JUNE 30, 2013                       |                                                | UNAUDITED
  JUNE 30, 2012 |                                                 |                                                                                           
|----------------------------------------------------------------------------------- | --------------------------------------------------------------------------------------------- | ------------------------- | ----------------------------------------------- | ---------------------------------------------- |  | ----------------------------------------------- | ---------------------------------------------- | ------------------------- | ----------------------------------------------- | ------------------------------------------------------------------------------------------
|Paid in Capital
            in Excess of
            Par Value
            of Stock | Deficit
            Accumulation
            during the
            Development
        Stage |                           | Paid in Capital
in Excess of
Par Value
of Stock | DeficitAccumulationduring the DevelopmentStage |  | Paid in Capital
in Excess of
Par Value
of Stock | DeficitAccumulationduring the DevelopmentStage |                           | Paid in Capital
in Excess of
Par Value
of Stock | Deficit
          Accumulation
          during the 
          Development
          Stage
|AT DATE OF INCEPTION                                                               
|0                                                                                   | 0                                                                                             |                           | 0                                               | 0                                              |  | 0                                               | 0                                              |                           | 0                                               | 0                                                                                         
|NOVEMBER 1, 2000 - STOCK ISSUED TO FOUNDERS                                        
|Preferred                                                                          
|(4,000)                                                                             | 0                                                                                             |                           | (4,000)                                         | 0                                              |  | (4,000)                                         | 0                                              |                           | (4,000)                                         | 0                                                                                         
|Common                                                                             
|(1,900)                                                                             | 0                                                                                             |                           | (1,900)                                         | 0                                              |  | (1,900)                                         | 0                                              |                           | (1,900)                                         | 0                                                                                         
|FAIR MARKET VALUE OF SERVICES DONATED BY STOCKHOLDERS                              
|0                                                                                   | 0                                                                                             |                           | 0                                               | 0                                              |  | 0                                               | 0                                              |                           | 0                                               | 0                                                                                         
|INCREASE IN PAID IN CAPITAL FOR PAYMENT OF EXPENSES BY STOCKHOLDERS                
|720                                                                                 | (66,960)                                                                                      |                           | 720                                             | (66,240)                                       |  | 715                                             | (65,520)                                       |                           | 320                                             | (64,805)                                                                                  
|NET (LOSS) FOR EACH PERIOD SHOWN                                                   
|720                                                                                 | (134,680)                                                                                     |                           | 720                                             | (133,960)                                      |  | 715                                             | (133,240)                                      |                           | 320                                             | (132,525)                                                                                 
|BALANCE FOR EACH PERIOD SHOWN                                                      
|720                                                                                 | (134,680)                                                                                     |                           | 720                                             | (133,960)                                      |  | 715                                             | (133,240)                                      |                           | 320                                             | (132,525)                                                                                 

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11

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**STATEMENT OF CASH FLOWS**

**FOR THE PERIOD FROM JUNE 30, 2015 TO JUNE 30, 2016**

UNAUDITED
            JUNE 30, 2016
        
        UNAUDITED
            JUNE 30, 2015CASH FLOWS FROM OPERATING ACTIVITIES:Net (loss)
        $
        (720
        )
        
        $
        ( 720
        )Adjustments to reconcile net (loss) to net cash provided by operating activities:Fair market value of services provided by stockholder
        
        0
        
        
        
        0Increase in donated or gifted capital for payment of expenses by stockholders
        
        720
        
        
        
        720Changes in operating assets and liabilities:Accounts payable
        
        0
        
        
        
        0NET CASH PROVIDED BY OPERATING ACTIVITIES
        $
        0
        
        
        $
        0CASH FLOWS FROM INVESTING ACTIVITIES
        
        0
        
        
        
        0CASH FLOWS FROM FINANCING ACTIVITIES
        
        0
        
        
        
        0NET INCREASE (DECREASE) IN CASH AND CASH
            BALANCE AT JUNE 30, 2016
        $
        0
        
        
        $
        0SUPPLEMENTAL DISCLOSURE OF CASH 
            FLOW INFORMATIONCash paid for interest
        $
        0
        
        
        $
        0Cash paid for taxes
        $
        0
        
        
        $
        0SCHEDULE OF NON-CASH INVESTING 
            AND FINANCING ACTIVITIESFair market value of services provided by stockholder
        $
        0
        
        
        $
        0Increase in donated or gifted capital for 
            payment of expenses paid by stockholders
        $
        720
        
        
        $
        720


See Accompanying Notes

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12




NOTES TO FINANCIAL STATEMENTS

JUNE 30, 2016

NOTE 1: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The company uses SOP 85-3, breeding horses under development. The horse
    evaluation is adding in direct costs to the value of the horses under
    development. The value is the lower of cost or established market value,
    until breeding maturity, then the horses are depreciated through the life
    of the breeding career. Pursuant to discussions with staff of the Securities
    and Exchange Commission in January of 2006 and in keeping with SOP 85-3
    regarding evaluations of breeding stock, the following accounting practices
  have been adopted and adjustments as of March 31, 2006.

Any financial statements prior to March 31, 2006 will be inaccurate, as they
    do not reflect SOP 85-3, breeding horses under development, and should not
    be relied upon for any meaningful representations of the company's financial
    position.

Accounting Estimates

Management uses estimates and assumptions in preparing financial statements in accordance with accounting principles generally accepted in the United States of America. Those estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenues and expenses. Actual results could vary from the estimates that were used.

Income Taxes

Provisions for income taxes are based on taxes payable or refundable for the current year and deferred taxes on temporary differences between the amount of taxable income and pretax financial income and between the basis of assets and liabilities and their reported amounts in the financial statements. Deferred tax assets and liabilities are included in the financial statements at currently enacted income tax rates applicable to the period in which the deferred tax assets and liabilities are expected to be realized or settled as prescribed in FASB Statement No. 109, "Accounting for Income Taxes." As changes in tax laws or rates are enacted, deferred tax assets and liabilities are adjusted through the provision for income taxes.

Net (Loss) Per Share

The Company adopted Statement of Financial Accounting Standards No. 144 that requires the reporting of both basic and diluted earnings (loss) per share. Basic earnings (loss) per share is computed by dividing net income (loss) available to common stockholders by the weighted average number of common shares outstanding for the period. Diluted earnings (loss) per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock. In accordance with FASB 128, any anti-dilutive effects on net loss per share are excluded.

Long-Lived Assets

Statement of Financial Accounting Standards No. 144, "Accounting for the Impairment of Long-Lived Assets and for Long-Lived Assets to be Disposed Of," requires that long-lived assets be reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of the asset in question may not be recoverable.

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13






NOTE 2: PREFERRED STOCK

No special rights or preferences have been assigned to the preferred stock.

NOTE 3: DEVELOPMENT STAGE OPERATIONS

As of June 30, 2016 the Company was in the development stages of operations. According to the Financial Accounting Standards Board of the Financial Accounting Foundation, a development stage Company is defined as a company that devotes most of its activities to establishing a new business activity. In addition, planned principle activities have not yet commenced.

The Company did not expense any development costs as per donation or gift from the shareholders for the period from June 30, 2015 to June 30, 2016.

NOTE 4: FINANCIAL STATEMENT OF AN INACTIVE REGISTRANT

Under Statute 210.3-11, the Company does not need to provide an audited or reviewed quarterly report.

Reg. Statutes 210.3-11

(a) Gross Receipts from all sources for the fiscal year are not in excess of $100,000;

(b) The registrant has not purchased or sold any of its own stock, granted options therefore, or levied assessments upon outstanding stock;

(c) Expenditures for all purposes for the fiscal year are not in excess of $100,000;

(d) No material change in the business has occurred during the fiscal year, including any bankruptcy, reorganization, readjustment or succession or any material acquisition or disposition of plants, mines, mining equipment, mine rights or leases; and

(e) No exchange upon which the shares are listed, or governmental authority having jurisdiction, requires the furnishing to it or the publication of audited financial statements.

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14




NOTE 5: INCOME TAXES

|Net (loss)                                                                                                            | $                                | (134,680 | )      
|--------------------------------------------------------------------------------------------------------------------- | -------------------------------- | -------- | -------
|The provisions for income taxes is estimated as follows:                                                              |                                  |          |        
|                                                                                                                      | Currently payable                | $        | 0      
|                                                                                                                      | Deferred                         | $        | 0      
|The net (loss) for financial statements differs from the federal income tax net loss. A reconciliation is as follows: |                                  |          |        
|                                                                                                                      | Financial statement net loss     | $        | 134,680
|                                                                                                                      | Non-deductible services          |          | 0      
|                                                                                                                      |                                  |          |        
|                                                                                                                      | Income tax net loss              |          | 134,680
|                                                                                                                      |                                  |          |        
|Significant components of the Company's deferred tax asset are as follows:                                            |                                  |          |        
|                                                                                                                      | Net operating loss carry forward | $        | 134,680
|                                                                                                                      | Less valuation allowance         |          | 0      
|                                                                                                                      |                                  |          |        
|                                                                                                                      | Net deferred asset               | $        | 134,680
|                                                                                                                      |                                  |          |        

NOTE 6:STOCK OPTION AGREEMENT

On November 1, 2000, the Company established a stock option agreement under
  which a total of 930,000 shares of common stock are reserved for the option.

The details of the option are as follows:

| | Number
      of Shares |  | Exercise
      Price |       | Exercise
      Date
| | ---------------------- |  | -------------------- | ----- | -------------------
| | 64,000                 |  | $                    | .50*  |                    
| | 866,000                |  |                      | 1.25* |                    
| | 930,000                |  |                      |       |                    

The Company has elected to account for stock-based compensation under APB
  Opinion No. 25, under which no compensation expense has been recognized for
  stock options granted to employees at fair market value.

A summary of the option activity for the period from November 1, 2000 to June
  30, 2016, pursuant to the terms of the plan is as follows:

| |                                         | Shares
      Under
      Option |  | Weighted
        Average
        Exercise Price
| | --------------------------------------- | ------------------------------- |  | -----------------------------------------------
| | Options outstanding at November 1, 2000 | 0                               |  | $                                              
| | Granted                                 | 930,000                         |  |                                                
| | Outstanding at June 30, 2016            | 930,000                         |  |                                                

All shares are exercisable.

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15




Information regarding stock options outstanding as of June 30, 2016 is as
  follows, not including the 20:1 stock split:

| | Price Range                                     | $  10.00  - | $ | 25.00
| | ----------------------------------------------- | ----------- | - | -----
| | Weighted average exercise and grant date prices | $           |   | 23.81
| | Outstanding at June 30, 2016                    | Exercisable

The weighted average fair market value of options granted in the period of
  November 1, 2000 to June 30, 2016 were estimated as of the date of grant using
  the Black-Scholes stock option pricing model, based on the following weighted
  average assumptions:

| | Dividend yield         | 0          
| | ---------------------- | -----------
| | Expected volatility    | 50%        
| | Risk fee interest rate | 5.7%       
| | Expected life          | Exercisable

For purposes of pro forma disclosure, the estimated fair market value of the
  options, if any, is amortized to expense over the options' vesting periods.

Under the Black-Scholes model, the options did not have any intrinsic value.
  Therefore, pro forma disclosure information has not been presented.

NOTE 7: SHARES OF STOCK ELIGIBLE FOR ISSUANCE

| |                                       | Common       |  | Preferred   
| | ------------------------------------- | ------------ |  | ------------
| | Total stock authorized                | 5,000,000    |  | 5,000,000   
| | Less stock issued                     | ( 1,900,000) |  | ( 4,000,000)
| | Less stock reserved for stock options | ( 930,000)   |  | 0           
| | Balance available for issuance        | 2,170,000    |  | 1,000,000   

NOTE 8: NET OPERATING LOSS CARRYFORWARD

The corporation has the following net operating loss carry forward:

| | Year          | Amount   | Expiration Date
| | ------------- | -------- | ---------------
| | June 30, 2016 | $134,680 | June 30, 2021  

NOTE 9: FAIR MARKET VALUE OF SERVICES DONATED BY STOCKHOLDER

A stockholder, Brad Brimhall, CEO of the Company, provided services valued at $ 320 for July 1, 2015 through June 30, 2016. This estimate is$0.64 per hour for two hours per day, five days per week. The salary is determined yearly by the Board of Directors. Since the company is inactive and in a development stage, the current CEO, Brad Brimhall, oversees the operations and the company’s horse assets and the filing of the financial reports. He is currently the only qualified person the company has been able to find to fill these positions at the salary the company is willing to pay. When the company becomes active and a cash flow develops, these tasks will be broken out as the company is able to locate qualified persons to fulfill these jobs. Until  such time, the fair market value is determined by what the company is willing to pay and what a qualified person is willing to accept.

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16




NOTE 10: LIMITED OPERATION COSTS

The shareholders have elected to pay a substantial portion of operation costs of the company up to June 2017 as gifts or donations to the Company. The exact amount will be determined by the Board of Directors on an on-going basis.

NOTE 11: GOING CONCERN

The financial statements are presented on the basis that the Company is a going concern. Going concern contemplates the realization of assets and the satisfaction of liabilities in the normal course of business over a reasonable length of time. The Company is in the development stage of breeding and training horses.

NOTE 12: INSURANCE

The Company does not have any insurance coverage on its horses nor any liability or workers' compensation insurance. However, the company intends to purchase insurance on its horses before any of the company's horses are bred or raced.

NOTE 13: ACCUMULATED DEFICITS   [back]

The common stock for salary was donated back to the company for the purpose of acquiring market makers and their float requirements.

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17

---

ITEM 9: Changes In and Disagreements With Accountants on Accounting and Financial Disclosure

None.

ITEM 9A: Controls and Procedures

Effectiveness of the Company's Controls and Procedures

The company maintains disclosures controls and procedures designed to ensure that information required to be disclosed in its reports filed under the Securities Exchange Act of 1934, as amended (the Exchange Act), is recorded, processed, summarized, and reported within the required time periods, and that such information is accumulated and communicated to management, including the company's Chief Executive Officer and Chief Financial Officer, or persons performing these duties, to allow for timely decisions regarding required disclosure.

The company's management, including the Chief Executive Officer and Chief Financial Officer, or persons performing these duties, has evaluated the effectiveness of the company's disclosure controls and procedures over financial reporting (as defined in Exchange Act Rules). At the present time, the company is an inactive filer, with minimal expense transactions each month and no earnings whatsoever. Because of this, the company's financial statements are unaudited. The company's management performs the function of audit committee, and has detected errors in its financial reports, which errors are not in any way related to earnings or expenditures, but merely to the manner in which cumulative balances have been reported. Such errors have been corrected in the company's June 2005 10KSB/A. The Public Company Accounting Oversight Board has defined a material weakness as a "significant deficiency or combination of significant deficiencies that results in more than a remote likelihood that a material misstatement of the annual or interim financial statements will not be prevented or detected." The aforementioned errors are considered to be minor, and thus not "material" weaknesses, significant deficiencies, or a combination of significant deficiencies.

Based upon the company's most recent evaluation, the company's management, including its Chief Executive Officer and Chief Financial Officer (or persons performing those duties), concluded the company's disclosure controls and procedures over financial reporting are adequate and effective as of June 30, 2016. The effectiveness of the company's controls and procedures are an on-going process of continual improvement. As such, when the company becomes active, with earnings to report and audited financial statements, the company's disclosure controls and procedures may require restructuring.

There has been no change in the company's internal control over financial reporting or any other factor that has materially affected, or is reasonably likely to materially affect, the company's internal control over financial reporting.

Evaluation of Disclosure Controls and Procedures

Based on an evaluation under the supervision and with the participation of the Company’s management, the Company’s principal executive officer and principal financial officer have concluded that 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, as amended (“Exchange Act”) were effective as of June 30, 2016 to provide reasonable assurance that information required to be disclosed by the Company in reports that it files or submits under the Exchange Act is (i ) recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission rules and forms and (ii) accumulated and communicated to the Company’s management, including its principal executive officer and principal financial officer, as appropriate to allow timely decisions regarding required disclosure.

Inherent Limitations Over Internal Controls

The Company’s internal control over financial reporting is designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with U.S. generally accepted accounting principles (“GAAP”). The Company’s internal control over financial reporting includes those policies and procedures that:

| | (i) | pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the Company’s assets;
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------

| | (ii) | provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with GAAP, and that the Company’s receipts and expenditures are being made only in accordance with authorizations of the Company’s management and directors; and
| | ---- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (iii) | provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the Company’s assets that could have a material effect on the financial statements.
| | ----- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Management, including the Company’s Chief Executive Officer and Chief Financial Officer, does not expect that the Company’s internal controls will prevent or detect all errors and all fraud. A control system, no matter how well designed and operated, can provide only reasonable, not absolute, assurance that the objectives of the control system are met. Further, the design of a control system must reflect the fact that there are resource constraints, and the benefits of controls must be considered relative to their costs. Because of the inherent limitations in all control systems, no evaluation of internal controls can provide absolute assurance that all control issues and instances of fraud, if any, have been detected. Also, any evaluation of the effectiveness of controls in future periods are subject to the risk that those internal controls may become inadequate because of changes in business conditions, or that the degree of compliance with the policies or procedures may deteriorate.

Management’s Annual Report on Internal Control Over Financial Reporting

The Company’s management is responsible for establishing and maintaining adequate internal control over financial reporting (as defined in Rule 13a-15(f) under the Exchange Act). Management conducted an assessment of the effectiveness of the Company’s internal control over financial reporting based on the criteria set forth in Internal Control -- Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (2013 framework). Based on the Company’s assessment, management has concluded that its internal control over financial reporting was effective as of June 30, 2016 to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements in accordance with GAAP.

Changes in Internal Control Over Financial Reporting

There were no changes in the Company’s internal control over financial reporting during its fourth quarter of 2016, which were identified in connection with management’s evaluation required by paragraph (d) of rules 13a-15 and 15d-15 under the Exchange Act, that have materially affected, or are reasonably likely to materially affect, the Company’s internal control over financial reporting.

ITEM 9B.Other Information

Not applicable.

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18




PART III:

ITEM 10: Directors, Executive Officers, and Corporate Governance

In response to this item, the company hereby incorporates by reference the information previously filed in the 10SB12G, filed August 15, 2001. There has been no change in Directors, Executive Officers, Promoters and Control Persons as of June 30, 2016.

ITEM 11: Executive Compensation

In response to this item, the company hereby incorporates by reference the information previously filed in the 10SB12G, filed August 15, 2001. There has been no change in Executive Compensation as it relates to the dollar amount.

ITEM 12: Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

In response to this item, the company hereby incorporates by reference the information previously filed in the 10SB12G, filed August 15, 2001. There has been no change in Security Ownership of Certain Beneficial Owners and Management up to June 30, 2016.  The security ownership is as described elsewhere in this 10K Annual Report for the period ending June 30, 2016.

ITEM 13: Certain Relationships and Related Transactions,
and Director Independence

In response to this item, the company hereby incorporates by reference the information previously filed in the 10SB12G, filed August 15, 2001. There has been no change in Certain Relationships and Related Transactions, and Director Independence.

ITEM 14: Principal Accounting Fees and Services

The company is an inactive voluntary filer. Its financial statements are unaudited. Shown in the company's Statement of Operations, Administrative Expenses, the company has billed $80.00 per quarter ($320.00 per year) for accounting services provided by the company's chief executive officer.

(1) Audit Fees

Disclose, under the caption Audit Fees, the aggregate fees billed for each of the last two fiscal years for professional services rendered by the principal accountant for the audit of the registrant’s annual financial statements and review of financial statements included in the registrant’s Form 10-Q (17 CFR 249.308a) or services that are normally provided by the accountant in connection with statutory and regulatory filings or engagements for those fiscal years.

The company's financial statements are unaudited.

(2) Audit-Related Fees

Disclose, under the caption Audit-Related Fees, the aggregate fees billed in each of the last two fiscal years for assurance and related services by the principal accountant that are reasonably related to the performance of the audit or review of the registrant’s financial statements and are not reported under Item 9(e)(1) of Schedule 14A. Registrants shall describe the nature of the services comprising the fees disclosed under this category.

The company's financial statements are unaudited.

(3) Tax fees

Disclose, under the caption Tax Fees, the aggregate fees billed in each of the last two fiscal years for professional services rendered by the principal accountant for tax compliance, tax advice, and tax planning. Registrants shall describe the nature of the services comprising the fees disclosed under this category.

None.

(4) All Other Fees

Disclose, under the caption All Other Fees, the aggregate fees billed in each of the last two fiscal years for products and services provided by the principal accountant, other than the services reported in Items 9(e)(1) through 9(e)(3) of Schedule 14A. Registrants shall describe the nature of the services comprising the fees disclosed under this category.

$640.00.

(5)(i) Disclose the audit committee’s pre-approval policies and procedures described in paragraph (c)(7)(i) of Rule 2-01 of Regulation S-X.

Not applicable. The company's financial statements are unaudited.

(ii) Disclose the percentage of services described in each of Items 9(e)(2) through 9(e)(4) of Schedule 14A that were approved by the audit committee pursuant to paragraph (c)(7)(i)(C) of Rule 2-01 of Regulation S-X.

Not applicable. The company's financial statements are unaudited.

(6) If greater than 50 percent, disclose the percentage of hours expended on the principal accountant’s engagement to audit the registrant’s financial statements for the most recent fiscal year that were attributed to work performed by persons other than the principal accountant’s full-time, permanent employees.

Not applicable. The company's financial statements are unaudited.

19

---

PART IV:

ITEM 15: Exhibits, Financial Statement Schedules

(a) The Company's unaudited financial statements are included in Item 8 of this annual report on Form 10-K.

(b) Index to Exhibits required by Item 601 of Regulation S-K:

* Exhibit 3.1 - Articles of Incorporation, as filed with the Nevada Secretary of State on October 31, 2000.

* Exhibit 3.2 - By-laws.

Exhibit 31.1 - Certification of the Chief Executive Officer pursuant to Rule 13A-14 or 15D-14 of the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

Exhibit 31.2 - Certification of the Acting Chief Financial Officer pursuant to Rule 13A-14 or 15D-14 of the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

Exhibit 32.1 - Certification of the Chief Executive Officer pursuant to 18 U.S.C. Section 1350 as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

Exhibit 32.2 - Certification of the Acting Chief Financial Officer pursuant to 18 U.S.C. Section 1350 as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

* Filed as an exhibit to the Company's 10SB12G, as filed with the Securities and Exchange Commission on August 15, 2001, and incorporated herein by this reference.

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20

---

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, and the Financial Statements of an Inactive Registrant, Regulation Section 210-3-11, the Registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

| |                         | **Nevada Classic Thoroughbreds, Inc.**                   
| | ----------------------- | ---------------------------------------------------------
| |                         |                                                          
| | Dated: October 10, 2016 | By: /s/ Brad Brimhall                                    
| |                         |                                                          
| |                         | Brad Brimhall                                            
| |                         | President                                                
| |                         | Duly Authorized Officer                                  
| |                         | Principle Executive Officer                              
| |                         | Chief Accounting Officer / Acting Chief Financial Officer



Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

| |                         | **Nevada Classic Thoroughbreds, Inc.**                   
| | ----------------------- | ---------------------------------------------------------
| |                         |                                                          
| | Dated: October 10, 2016 | By: /s/ Brad Brimhall                                    
| |                         |                                                          
| |                         | Brad Brimhall                                            
| |                         | President and Chairman                                   
| |                         | Principle Executive Officer                              
| |                         | Chief Accounting Officer / Acting Chief Financial Officer

Supplemental information to be Furnished With Reports Filed Pursuant to Section 15(d) of the Exchange Act By Non-Reporting Issuers:

Not Applicable.

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