UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C.  20549 ____________________________________________________________ FORM 10-Q þQUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934  For the quarterly period ended:  March 31, 2016  OR  o TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT For the transition period from __________ to  Commission file number: 000-1514888  EXPERIENCE ART AND DESIGN, INC. (Exact Name of Registrant as Specified in Charter)  Nevada81-1082861(State or other jurisdiction of incorporation)(IRS Employer Identification No.)   7260 W. Azure Drive, Suite 140-952, Las Vegas, NV89130(Address of principal executive offices)(Zip Code)  702-347-8521 Registrant’s telephone number, including area code:   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.  YesþNo o  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). YesþNo  ̈  Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a 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  oAccelerated filer  oNon-accelerated filer  oSmaller reporting companyþ  Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).  Yes o  Noþ  Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date:  Common Stock: 168,909,600 shares outstanding as of May 19, 2016.              TABLE OF CONTENTS  PART I – FINANCIAL INFORMATION  Item 1. Unaudited Financial Statements3Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations11Item 3. Quantitative and Qualitative Analysis About Market Risk13Item 4. Controls and Procedures13  PART II – OTHER INFORMATION  Item 1. Legal Proceedings13Item 2. Unregistered Sales of Equity Securities and Use of Proceeds13Item 3. Defaults Upon Senior Securities13Item 4. Mine Safety Disclosures13Item 5. Other Information14Item 6. Exhibits14                      PART I - FINANCIAL INFORMATION  Item 1.FINANCIAL STATEMENTS (UNAUDITED)  The accompanying unaudited consolidated financial statements of Experience Art and Design, Inc. (the “Company”) have been prepared in accordance with generally accepted accounting principles in the United States for interim financial reporting and pursuant to the rules and regulations of the Securities and Exchange Commission (“Commission” or “SEC”). While these statements reflect all normal recurring adjustments which are, in the opinion of management, necessary in order to make the consolidated financial statements not misleading and for fair presentation of the results of the interim period, they do not include all of the information and footnotes required by generally accepted accounting principles for complete consolidated financial statements.         EXPERIENCE ART AND DESIGN, INC.CONSOLIDATED BALANCE SHEETSMarch 31, 2016December 31, 2015AssetsCurrent AssetsCash and Cash Equivalents$-$-Accounts Receivable, net of Allowance for Doubtful Accounts--Inventories--Other Current Assets55,00055,000Total Current Assets55,00055,000Long-Term AssetsProperty, Plant and Equipment, net of Accumulated Depreciation--Intangibles, net of Accumulated Amortization--Other Non-Current Assets--Total Long-Term Assets--Total Assets$55,000$55,000Total Liabilities and Shareholders' EquityLiabilitiesCurrent LiabilitiesShort-Term Borrowings – Non Related Party$7,170$-Accounts Payable and Accrued Liabilities14,92116,044Due to Related Party-55,000Stock Payable60,00060,000Tax Payable-,Long-Term Debt - Current Portion228,250250,000Total Current Liabilities310,341381,044Long-Term LiabilitiesLong-Term Debt - Net of Current Portion--Other Liabilities--Total Long-Term Liabilities--Total Liabilities310,341381,044Commitments and ContingenciesShareholders' EquityPreferred Stock, par value $0.001, 15,000,000 sharesauthorized, none issued and outstanding--Common Stock, par value $0.001, 100,000,000 shares authorized,168,909,600 issued168,90925,409Additional Paid-in Capital902,462924,212Accumulated Deficit(1,347,358)(1,296,311)Accumulated Other Comprehensive Income (Loss)20,64620,646Total Shareholders' Equity(310,341)(326,044)Total Liabilities and Shareholders' Equity$55,000$55,000See Accompanying Notes to Consolidated Financial Statements.    EXPERIENCE ART AND DESIGN, INC.CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS(Unaudited)Period EndedMarch 31December 31201620125Revenues$-$-Operating Costs:Cost of Goods Sold--General and Administrative Expenses51,04716,044Total Operating Costs51,04716,044Net Operating Loss(51,047)(16,044)Other Income (Expense)Other Income--Interest Expense--Loss on Settlement of Note Payable--Total Other Income (Expense)--Net Income (Loss) Before Income Taxes(51,047)(16,044)Provision for Income Taxes--Net Loss(51,047)(16,044)Other Comprehensive LossForeign Currency Translation AdjustmentTotal Comprehensive Loss$(51,047)$(16,04)Basic and Diluted Loss Per Common Share$(0.00)$(0.00)Basic and Diluted Weighted AverageNumber of Common Shares Outstanding168,909,60025,409,600See Accompanying Notes to Consolidated Financial Statements.    EXPERIENCE ART AND DESIGN, INC.CONSOLIDATED STATEMENT OF SHAREHOLDERS' EQUITY (DEFICIT)(Unaudited)AccumulatedOtherPreferred StockCommon StockAdditionalAccumulatedComprehensiveSharesAmountSharesAmountPaid-in CapitalDeficitIncome (Loss)Balance at December 31, 2014-$-25,409,600$25,409$924,212$(1,280,267)$20,646Net loss-----(16,044)-Balance at December 31, 2015--25,409,60025,409924,212(1,296,311)20,646Shares issued for services--45,000,00045,000---Shares issued for assets--55,000,00055,000---Shares issued for debt cancelation--43,500,00043,500(21,750)--Net loss-----(51,047)-Balance at March 31, 2016-$-168,909,600$168,909$902,462$(1,347,358)$20,646See Accompanying Notes to Consolidated Financial Statements.      EXPERIENCE ART AND DESIGN, INC.CONSOLIDATED STATEMENTS OF CASH FLOWSPeriod EndedMarch 31December 3120162015Operating ActivitiesNet Gain (Loss)$(51,047)$(16,044)Adjustments to reconcile net loss to net cash from operating activities:Depreciation and Amortization--Loss on Settlement of Note Payable--Changes In Operating Assets and Liabilities:Accounts Receivable--Inventories--Prepaid Expenses and Other Assets--Accounts Payable and Accrued Liabilities6,04740,000Advance from Customers--Tax Payable-Other Liabilities45,000-Net Cash Used in Operating Activities51,40740,000Investing Activities-Capital Expenditures for Property, Plant, and Equipment--Net Cash Used in Investing Activities--Financing ActivitiesProceeds from Issuance of Common Shares--Proceeds from Short-Term Borrowings7,17040,000Proceeds from Borrowings on Debt-Related Parties-Payments on Short-Term Borrowings-Related Parties-Principal Payments on Long-Term Debt--Net Cash Provided by Financing Activities7,17040,000Net Effect of Exchange Rate Changes--Net increase (decrease) in cash and cash equivalents(7,170)(40,000)Cash at the beginning of the period--Cash at the end of the period$-$-Supplemental cash flow dataCash paid during the period for:Interest$-$-Income Taxes$-$-Noncash investing and financing activities:Related party forgiveness of debt$-$-Common shares issued to settle related party debt$-$-Note issued to purchase assets from related party$-$-See Accompanying Notes to Consolidated Financial Statements.     EXPERIENCE ART AND DESIGN, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS  Note 1Description of Business  Our activity for the year ended December 31, 2015 with the Chiurazzi transaction being cancelled by the former director at the same time as he resigned and elected our current sole officer and director to his positions.  The Company began at that moment engaging in the oil and dry cleaning industries, two sectors that are affected very differently by adverse local or global economic conditions.  The re-work of oil wells is a very cost effective way to enter the oil industry without heavy upfront drilling costs, by reworking oil wells a company can look to extract oil out of the ground at a rate of $9.00 to $15.00 per barrel.  TransAmerican is working on closing a deal that give it access to 300 wells each well has the ability to pump 10 barrels per day after $50,000 or less is spent per well bringing it back on line. The pending transaction had factored oil in at $30 per barrel allowing the company significant operating margins.  The dry cleaning market is over $9 billion in annual revenue and there is not one dominant player in the market, the top 10 companies combined earn about $100 million annually in a market with over 35,000 locations spread across the country..  Since December 16, 2015 the Company has been focused on two primary business models: the re-work of existing oil wells and dry cleaners, through two wholly owned subsidiary companies: TransAmerican Oil and Metropolitan Dry Cleaners respectively.  TransAmerican Oil TransAmerican Oil is a U.S. Oil & Gas Company, pursuing either currently producing turnkey oil wells, or developing fresh oil wells on currently producing leases within the Continental United States. The properties in which TransAmerican Oil is pursuing interests, are in various stages of development, and the company seeks to acquire additional properties as geologic and economic potential permits.  The company is currently engaged in an LOI to acquire and develop a 300-well lease located in the State of Kansas.  TransAmerican is focused on the exploration, development and production (E&P) of properties geographically located in the Continental United States. The company's operational focus is the acquisition of in-production, or near-production, oil and natural gas field assets.  The company seeks to have an inventory of existing wells to rework, and a number of new drilling sites to maintain growth, while increasing reserves and cash flow. TransAmerican intends to return a portion of cash flow to shareholders in the form of dividends paid on a semi-annual basis as authorized by its Board of Directors.The company follows sound conservative fiscal principals, and is focused on building shareholder value in the Energy Production sector. Metropolitan Dry Cleaners  Metropolitan Dry Cleaners is a roll-up of existing enterprises with a multi-year history of revenues and profits in a variety of primarily East Coast States. These enterprises have been listed for sale by their owners and often come with existing staff and inventory. The company will provide dry cleaning, laundry, and garment alterations, as offered by the existing target businesses along with regular home pick-up and delivery services.  The company will have both production facilities and retail storefronts to complement its pick-up and delivery service. The company will need delivery vans, and customer service trained drivers, which should come with the acquisition of some businesses.  Metropolitan plans to also offer customers the opportunity to download an app to schedule service. These customers will recommend Metropolitan Dry Cleaners to their friends and coworkers. As more and more customers use this service, Metropolitan Dry Cleaners' image is enhanced and will gain greater market share within the existing enterprise zone.  An analysis conducted in 2011 concluded "how highly fragmented the industry is with 39,000 location generating $9.2 billion in Annual sales, while the top 4 companies only represent 2.5% of the overall sales." The analysis showed that there is no national chain, and the closest companies to forming a national chain with 2.5% market share have almost no dominance within the market place. Metropolitan expects to be profitable immediately as it is purchasing existing cash flow. The Company has targeted a list of almost 100 dry cleaners with combined annual cash flow of $3.4M, and revenues of $10.5M.  The Company hopes to acquire existing dry cleaners using a combination of money-down, equity, and payments over time.  In areas where there is overlap of production facilities the company can expand by relocating those facilities, opening new storefronts, and advertising to prospective customers via direct mail and online mailers. Note 2Basis of Presentation and Summary of Significant Accounting Policies  The accompanying unaudited consolidated financial statement have been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”) and applicable rules and regulations of the Securities and Exchange  Commission (“SEC”), regarding interim financial reporting.  Certain information and note disclosures normally included in the financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations.  As such, the information included in this quarterly report on Form 10-K should be read in conjunction with recent company filings with the SEC.  Management's Estimates and Assumptions  The preparation of consolidated financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses.  Actual results could differ from these estimates.  Cash and Equivalents  The Company’s cash and cash equivalents consist of cash, as well as interest and non-interest bearing balances due from banks both foreign and domestic with an original maturity of three months or less.  Amounts in depository accounts fluctuate on a daily basis due to activity and liquidity needs.  It is the Company’s policy not to deposit large sums of cash within foreign operational deposit accounts due to financial instability in the region and the Company fund operations on an as needed basis.  The Company maintains cash in bank deposit accounts domestically, which at times may exceed the federally insured limits throughout the course of operations.  Accounts Receivable  Accounts receivable consist primarily of trade receivables, net of a valuation allowance for doubtful accounts.  The Company attempts to limit its exposure to losses on accounts receivable by monitoring the size and economic strength of its receivables, and whenever appropriate reflect a reserve for accounts that have been deemed potentially uncollectable.  Monitoring occurs on a regular basis and exposure is limited by the vetting process for customers.  Allowance for Doubtful Accounts  The Company extends credit to customers and other parties in the normal course of business.  The Company regularly reviews outstanding receivables and provides for estimated losses through an allowance for doubtful accounts.  In evaluating the level of established reserves, the Company makes judgments regarding its customers' ability to make required payments, economic events and other factors.  As the financial condition of these parties change, circumstances develop or additional information becomes available, adjustments to the allowance for doubtful accounts may be required.  When the Company determines that a customer may not be able to make required payments, the Company increases the allowance through a charge to income in the period in which that determination is made.  Property, Plant and Equipment  The Company accounts for property, plant and equipment at historical cost less accumulated depreciation.  Historical cost includes all expenditures that are directly attributable to the acquisition of fixed assets.  Subsequent costs are included in the asset's carrying amount and are recognized as a separate asset, as appropriate, only when there is the probability of future economic benefits.  All other repairs and maintenance are charged to the income statement during the financial period in which they are incurred.  Depreciation is calculated using the straight-line method to allocate their cost to their residual values over their estimated useful lives, as follows:  Plant and machinery10 to 20 years Furniture and fixtures10 to 17 years  The assets' residual values and useful lives are reviewed, and adjusted as appropriate at least once a year.  An asset's carrying amount is written down immediately to its recoverable amount if the asset's carrying amount is greater than its estimated recoverable amount.  Gains and losses on disposals are determined by comparing proceeds with carrying amount.  Revenue Recognition  Revenue is recognized when the earning process is completed, the risks and rewards of ownership have transferred to the customer, which is generally the same day as delivery or shipment of the product, the price to the buyer is fixed or determinable, and collection is reasonably assured.  Taxes assessed by a governmental authority that are incurred as a result of a revenue transaction are not included in revenues.  The Company has no significant sales returns or allowances. Income Taxes  The Company is a taxable entity and recognizes deferred tax assets and liabilities for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax  basis.  Deferred tax assets and liabilities are measured using enacted tax rates expected to be in effect when the temporary differences reverse.  The effect on the deferred tax assets and liabilities of a change in tax rates is recognized in income in the year that includes the enactment date of the rate change.  A valuation allowance is used to reduce deferred tax assets to the amount that is more likely than not to be realized.  Interest and penalties associated with income taxes are included in selling, general and administrative expense.  A tax benefit from an uncertain position may be recognized if it is "more likely than not" that the position is sustainable, based upon its technical merits.  The tax benefit of a qualifying position is the largest amount of tax benefit that is greater than 50 percent likely of being realized upon ultimate settlement with a taxing authority having full knowledge of all relevant information.  As of March 31, 2016, the Company had not recorded any tax benefits from uncertain tax positions.  Net Income (Loss) Per Common Share  The basic net income (loss) per common share is computed by dividing the net income (loss) by the weighted average number of shares outstanding during a period.  Diluted net income (loss) per common share is computed by dividing the net income (loss), adjusted on an as if converted basis, by the weighted average number of common shares outstanding plus potential dilutive securities.  There where $228,250 and $0 dilutive securities were outstanding as of March 31, 2016 and 2014.  Stock-Based Compensation  The Company sometimes grants shares of stock for goods and services and in conjunction with certain agreements.  These grants are accounted for based on the grant date fair values.  Subsequent Events  On April 28, 2016 Baron Capital Enterprise, Inc., filed a 13D representing ownership of 36.1% of our Common stock.  New Accounting Pronouncements  There were various accounting standards and interpretations issued recently, none of which are expected to a have a material impact on our consolidated financial position, operations or cash flows.  Commitments and Contingencies  The Company follows subtopic 450-20 of the FASB Accounting Standards Codification to report accounting for contingencies. Certain conditions may exist as of the date the financial statements are issued, which may result in a loss to the Company but which will only be resolved when one or more future events occur or fail to occur. The Company assesses such contingent liabilities, and such assessment inherently involves an exercise of judgment. In assessing loss contingencies related to legal proceedings that are pending against the Company or unasserted claims that may result in such proceedings, the Company evaluates the perceived merits of any legal proceedings or unasserted claims as well as the perceived merits of the amount of relief sought or expected to be sought therein.  If the assessment of a contingency indicates that it is probable that a material loss has been incurred and the amount of the liability can be estimated, then the estimated liability would be accrued in the Company’s financial statements. If the assessment indicates that a potentially material loss contingency is not probable but is reasonably possible, or is probable but cannot be estimated, then the nature of the contingent liability, and an estimate of the range of possible losses, if determinable and material, would be disclosed.  Loss contingencies considered remote are generally not disclosed unless they involve guarantees, in which case the guarantees would be disclosed. Management does not believe, based upon information available at this time that these matters will have a material adverse effect on the Company’s financial position, results of operations or cash flows. However, there is no assurance that such matters will not materially and adversely affect the Company’s business, financial position, and results of operations or cash flows.  Risk and Uncertainties  The Company is subject to risks common to companies in the technology industries, including, but not limited to, litigation, development of new technological innovations and dependence on key personnel.  Note 3Going Concern and Liquidity Considerations  The accompanying financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and the liquidation of liabilities in the normal course of business. For the quarter ended March 31, 2016, the Company has a loss from operations of $51,047 and had an accumulated deficit of $1,347,358.  The  Company intends to fund operations through equity financing arrangements, which may be insufficient to fund its capital expenditures, working capital and other cash requirements for the year ending December 31, 2016.  These factors, among others, raise substantial doubt about the Company’s ability to continue as a going concern. The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty.  Note 4Intangibles  The $55,000 in Intangible (“Other assets”) consist primarily of tradenames, logos, LOI, and Business Development activities, which were acquired in the fourth quarter of 2015 from a related-party, Derrick Lefcoe.  Purchased intangible assets with indefinite useful lives are not amortized but are tested for impairment at least annually.  Note 5Short-Term Borrowings- Related Party  The Company has received funding from our sole officer and director and a related-party, which has been used to fund the ongoing operations in the interim until permanent financing can be arranged.  As of March 31, 2016, the total amount borrowed was $7,170.00  Note 6Long-Term Debt  On December 15, 2015, the Company resolved to cancel its acquisition of Chiurazzi Srl.  In return for cancelling the acquisition, the Company canceled its assumption of the secured note payable to Chiurazzi International LLC for $2,540,000.  In exchange for this cancellation of the agreement, the Company resolved to allow CI Holdings Inc. to maintain its interest in the 9,700,000 common shares already issued to it.  Note 7Income Taxes  During the first quarter of 2016, The Company has been operating at a net operational loss the federal tax rates on income range 15% to 35% stagger at different income brackets.  Since the Company had a net operation loss, no tax provision for U.S. tax purposes was deemed necessary at this time.  Note 8               Equity  On January 13, 2016 the Company issued our sole officer and director 45,000,000 shares of our restricted Common stock in exchange for his services until the next Annual meeting.  On January 13, 2016 the Company issued our sole officer and director 55,000,000 in exchange for certain assets acquired by the Company, which make up the new business direction of the Company.  During the first quarter ending March 31, 2016 the Company exchanged $21,750 for 43,500,000 shares of its Common stock.  Note 9              Related Party Transactions  The Company purchased with 55 million shares of its restricted Common stock from Derrick Lefcoe our sole officer and director In return for various intangible assets that consist primarily of tradenames, logos, LOI, and Business Development activities for both Metropolitan Dry Cleaners and TransAmerican Oil.  Item 2.MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS  You should read the following description of our financial condition and results of operations in conjunction with the financial statements and accompanying notes included in this report.  This Management Discussion and Analysis (MD&A) contains “forward-looking statements”, which represent our projections, estimates, expectations or beliefs concerning among other things, financial items that relate to management’s future plans or objectives or to our future economic and financial performance. In some cases, you can identify these statements by terminology such as “may”, “should”, “plans”, “believe”, “will”, “anticipate”, “estimate”, “expect” “project”, or “intend”, including their opposites or similar phrases or expressions. You should be aware that these statements are projections or estimates as to future events and are subject to a number of factors that may tend to influence the accuracy of the statements. These forward-looking statements should not be regarded as a representation by the Company or any other person that the events or plans of the Company will be achieved. You should not unduly rely on these forward-looking statements, which speak only as of the date of this MD&A. Except as may be required under applicable securities laws, we undertake no obligation to publicly revise any forward-looking statement to reflect circumstances or events after the date of this MD&A or to reflect the occurrence of unanticipated events.    Results of Operations  Overview  The first quarter began with the Chiurazzi transaction being cancelled in December by the former director at the same time as he resigned and elected our current sole officer and director to his positions.  The Company began at that moment engaging in the oil and dry cleaning industries, two sectors that are affected very differently by adverse local or global economic conditions.  The re-work of oil wells is a very cost effective way to enter the oil industry without heavy upfront drilling costs, by reworking oil wells a company can look to extract oil out of the ground at a rate of $9.00 to $15.00 per barrel.  TransAmerican is working on closing a deal that give it access to 300 wells each well has the ability to pump 10 barrels per day after $50,000 or less is spent per well bringing it back on line. The pending transaction had factored oil in at $30 per barrel allowing the company significant operating margins.  The dry cleaning market is over $9 billion in annual revenue and there is not one dominant player in the market, the top 10 companies combined earn about $100 million annually in a market with over 35,000 locations spread across the country.  We incurred operating expenses of $51,047 for the three months ended March 31, 2016.  Our net gain through March 31, 2016 was $0.  The following table provides selected financial data about our company for the three months ended March 31, 2016, and the year ended December 31, 2015, respectively   Balance Sheet Data:03/31/1612/31/15Cash$-$-Total assets$55,000$55,000Total liabilities$310,341$381,044Stockholders' deficit$1,347,358$1,296,311  Limited Operating History; Need for Additional Capital  There is no historical financial information about us upon which to base an evaluation of our performance.  We are a development stage corporation and have not generated any revenues from operations.  We have no assurance that future financing will be available to us on acceptable terms.  If financing is not available on satisfactory terms, we may be unable to continue, develop or expand our operations.  Equity financing could result in additional dilution to existing shareholders.  Liquidity and Capital Resources  We have minimal assets and have not achieved operating revenues since our inception.  We have depended on sales of equity securities to conduct operations.     Our cash balance at March 31, 2016, was $0.  Cash provided by financing activities for the period through September 30, 2015, was $0.   Since inception (January 24, 2011) to September 30, 2015, the Company has issued 25,000,000 common shares for $10,000 in cash, and 11,750,000 common shares for $47,000 in cash, for total cash proceeds of $57,000, being $36,750 for par value shares and $20,250 for capital in excess of par value.  There were 25,409,600 common shares issued and outstanding at September 30, 2015 and December 31, 2014, respectively.  We do not have sufficient funds to implement our business plan and will seek alternative sources of funds and business opportunities.  Plan of Operation  Since December 16, 2015 the Company has been focused on two primary business models: the re-work of existing oil wells and dry cleaners, through two wholly owned subsidiary companies: TransAmerican Oil and Metropolitan Dry Cleaners respectively.  The Company began at that moment engaging in the oil and dry cleaning industries, two sectors that are affected very differently by adverse local or global economic conditions.  The re-work of oil wells is a very cost effective way to enter the oil industry without heavy upfront drilling costs, by reworking oil wells a company can look to extract oil out of the ground at a rate of $9.00 to $15.00 per barrel.  TransAmerican is working on closing a deal that give it access to 300 wells each well has the ability to pump 10 barrels per day after $50,000 or less is spent  per well bringing it back on line. The pending transaction had factored oil in at $30 per barrel allowing the company significant operating margins.  The dry cleaning market is over $9 billion in annual revenue and there is not one dominant player in the market, the top 10 companies combined earn about $100 million annually in a market with over 35,000 locations spread across the country.  The Company through its subsidiary Metropolitan Dry Cleaners has engaged in an LOI to acquire three dry cleaning locations in Florida. The three locations have revenue of over $400,000 currently.  A Purchase Agreement was executed, but the company is renegotiating that transaction. The Company hopes to close the transaction by this summer.  The Company through its subsidiary TransAmerican Oil has engaged in an LOI to acquire and develop a 300-well lease located in the State of Kansas.  The Company is an “emerging growth company” (“EGC”), that is exempt from certain financial disclosure and governance requirements for up to five years as defined in the Jumpstart Our Business Startups Act (the “JOBS Act”), that eases restrictions on the sale of securities; and increases the number of shareholders a company must have before becoming subject to the U.S. Securities and Exchange Commission’s (“SEC’s”) reporting and disclosure rules.  Off-Balance Sheet Arrangements We have never entered into any off-balance sheet financing arrangements and have not formed any special purpose entities.  We have not guaranteed any debt or commitments of other entities or entered into any options on non-financial assets.  ITEM 3.QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK  Not applicable.  ITEM 4.CONTROLS AND PROCEDURES  Evaluation of Our Disclosure Controls  Under the supervision and with the participation of our senior management, including our chief executive officer and chief financial officer, we conducted an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), as of the end of the period covered by this quarterly report (the “Evaluation Date”).  Based on this  evaluation, our chief executive officer and chief financial officer concluded as of the Evaluation Date that our disclosure controls and procedures were not effective such that the information relating to us, required to be disclosed in our Securities and Exchange Commission (“SEC”) reports (i) is recorded, processed, summarized and reported within the time periods specified in SEC rules and forms, and (ii) is accumulated and communicated to our management, including our chief executive officer and chief financial officer, as appropriate to allow timely decisions regarding required disclosure.       PART II OTHER INFORMATION   Item 1.LEGAL PROCEEDINGS  None   Item 2.UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS  Purchase Transaction. As a result of the purchase transaction, we acquired our currently business strategies and supporting items in exchange for the issuance of 55,000,000 shares of our common stock to Derrick Lefcoe (“Seller”). The common stock issued to the Seller was not registered under the Securities Act but was issued in reliance upon the exemptions from the registration requirements of the Securities Act as set forth in Section 4(2) thereof. The Seller acquired the securities for investment purposes without a view to distribution. Furthermore, it had access to information concerning the Company and our business prospects, there was no general solicitation or advertising for the sale of the securities, and the securities are restricted pursuant to Rule 144.   Item 3.DEFAULTS UPON SENIOR SECURITIES  None.   Item 4.MINE SAFETY DISCLOSURES  Not Applicable.   Item 5.OTHER INFORMATION  None     Item 6.EXHIBITS  In reviewing the agreements included as exhibits to this Form 10-Q, please remember that they are included to provide you with information regarding their terms and are not intended to provide any other factual or disclosure information about the Company or the other parties to the agreements.  The agreements may contain representations and warranties by each of the parties to the applicable agreement.  These representations and warranties have been made solely for the benefit of the parties to the applicable agreement and:  •should not in all instances be treated as categorical statements of fact, but rather as a way of allocating the risk to one of the parties if those statements prove to be inaccurate;  •have been qualified by disclosures that were made to the other party in connection with the negotiation of the applicable agreement, which disclosures are not necessarily reflected in the agreement;  •may apply standards of materiality in a way that is different from what may be viewed as material to you or other investors; and  •were made only as of the date of the applicable agreement or such other date or dates as may be specified in the agreement and are subject to more recent developments.     Accordingly, these representations and warranties may not describe the actual state of affairs as of the date they were made or at any other time. Additional information about the Company may be found elsewhere in this Form 10-Q and the Company’s other public filings, which are available without charge through the SEC’s website at http://www.sec.gov. The following exhibits are included as part of this report:  Exhibit No.SEC ReportReference No.Description3.13.1Articles of Incorporation of Registrant (1)3.23.2By-Laws of Registrant (2)14.1Code of Ethics (3)31.1 and 32.1*Rule 1350 Certification of Chief Executive and Financial Officer  (1)Filed with the Securities and Exchange Commission on May 12, 2011 as an exhibit, numbered as indicated above, to the Registrant’s registration statement on Form S-1 (file no. 333-174155), which exhibit is incorporated herein by reference.  (2)Filed with the Securities and Exchange Commission on February 3, 2012 as an exhibit, numbered as indicated above, to the Registrant’s Form 8-K (file no. 333-174155), which exhibit is incorporated herein by reference.  (3)Filed with the Securities and Exchange Commission on March 19, 2012 as an exhibit, numbered as indicated above, to the Registrant’s Form 10-K (file no. 333-174155), which exhibit is incorporated herein by reference. * Filed herewith.      SIGNATURES  In accordance with the requirements of the Securities Exchange Act of 1934, the registrant caused duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.  EXPERIENCE ART AND DESIGN, INC.(Registrant)Date:  May 19, 2016/s/ Derrick LefcoeDerrick LefcoePresident and Chief Executive Officer and Principal Financial Officer