UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549



Form 10-K/A

Amendment No. 1

(Mark One)



| |   |                                                                                                                                 
| | - | --------------------------------------------------------------------------------------------------------------------------------
| |   |                                                                                                                                 
| | X | ANNUAL REPORT PURSUANT TO SECTION 13OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended December 31, 2015



| |   |                                                                                                                                                            
| | - | -----------------------------------------------------------------------------------------------------------------------------------------------------------
| |   |                                                                                                                                                            
| |  ̈ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For transition period from _________________ to _________________



Commission File Number: 000-54958



Golden Edge Entertainment, Inc.





|                                                                |  |                                     
|--------------------------------------------------------------- |  | ------------------------------------
|                                                                |  |                                     
|Delaware                                                        |  | 45-2283057                          
|(State or other jurisdiction  of incorporation or organization) |  | (I.R.S. Employer Identification No.)



3959 van dyke rd, Suite 313

Tampa, FL, 33558

Tel: (770) 329-5298

(Address and telephone number of principal executive offices)



Copies to:  Daniel C. Masters, Esq.

P. O. Box 66

La Jolla, California 92038

(858) 459-1133  Tel  ***  (858) 459-1103 - Fax





Securities registered pursuant to Section 12(b) of the Act:



|                               |  |                                            
|------------------------------ |  | -------------------------------------------
|                               |  |                                            
|Common Stock, $0.001 par value |  | none                                       
|(Title of Each Class)          |  | (Name of Each Exchange on Which Registered)



Securities registered pursuant to Section 12(g) of the Act:

None.



Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.  Yes [ ]   No [X]



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





---

Indicate by check mark whether Golden Edge Entertainment, Inc. (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.

Yes [X]   No [ ]



Indicate by check mark if disclosure of delinquent filers pursuant 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 Golden Edge Entertainment, Inc. 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.  [x]



Indicate by check mark whether Golden Edge Entertainment, Inc. 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. (Check one):

|                                                                         |                               
|------------------------------------------------------------------------ | ------------------------------
|                                                                         |                               
|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 Golden Edge Entertainment, Inc. is a shell company (as defined in Rule 12b-2 of the Act).

Yes [  ]   No [X]



The aggregate market value of Golden Edge Entertainment, Inc. common stock held by non-affiliates of Golden Edge Entertainment, Inc. as of the last business day of the most recently completed fiscal quarter (March 31, 2016 was approximately $0.00, based on lack of any trade or posted price reported by OTC on or prior to December 31, 2015.



There were 17,580,000 shares of Golden Edge Entertainment, Inc. common stock outstanding as of April 14, 2016.





DOCUMENTS INCORPORATED BY REFERENCE: None.





---

EXPLANATORY NOTE



Golden Edge Entertainment, Inc. (the Company) is filing this Amendment No. 1 (Amendment No. 1) to the Annual Report on Form 10-K for the fiscal year ended December 31, 2015, as filed with the Securities and Exchange Commission (SEC) on April 14, 2016 (the Original Form 10-K).  The amendment is being filed for the purpose of amending the Selected Financial Data table contained in Item 6 and to correct typographical errors which appeared in the Report of Independent Registered Public Accounting Firm.



Item 6 Selected Financial Data numbers were changed for the year ended December 31, 2015 to reflect the correct numbers.  Liabilities changed from $51,514 to the correct number of $59,677 as well as Stockholders Equity changed from $(50,114) to the correct number of $(58,277) as reported in the Balance sheet of the original 10-K filing.



Except as described above, no other changes have been made to the Original Filing. The Original Filing continues to speak as of the date of the Original Filing, and the Company has not updated the disclosures contained therein to reflect any events which occurred at a date subsequent to the filing of the Original Filing other than as expressly indicated in this Amendment. Accordingly, this Amendment should be read in conjunction with the Original Filing.



---

GOLDEN EDGE ENTERTAINMENT, INC.

ANNUAL REPORT ON FORM 10-K

FOR THE YEAR ENDED DECEMBER 31, 2015





TABLE OF CONTENTS





|         |          |                                                                                                  
|-------- | -------- | -------------------------------------------------------------------------------------------------
|PART I   |          |                                                                                                  
|         | Item 1.  | Business                                                                                         
|         | Item 1A. | Risk Factors                                                                                     
|         | Item 2.  | Properties                                                                                       
|         | Item 3.  | Legal Proceedings                                                                                
|         | Item 4.  | Mine Safety Disclosures (Not applicable)                                                         
|PART II  |          |                                                                                                  
|         | Item 5.  | Market for Registrants Common Equity, Related Stockholder Matters and Issuer Purchases of Equity
|         | Item 6.  | Selected Financial Data                                                                          
|         | Item 7.  | Managements Discussion and Analysis of Financial Condition and Results of Operations            
|         | Item 7A. | Quantitative and Qualitative Disclosures About Market Risk                                       
|         | Item 8.  | Financial Statements and Supplementary Data                                                      
|         | Item 9.  | Other Information                                                                                
|PART III |          |                                                                                                  
|         | Item 10. | Directors, Executive Officers and Corporate Governance                                           
|         | Item 11. | Executive Compensation                                                                           
|         | Item 12. | Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters   
|         | Item 13. | Certain Relationships and Related Transactions, and Director Independence                        
|         | Item 14. | Principal Accounting Fees and Services                                                           
|PART IV  |          |                                                                                                  
|         | Item 15. | Exhibits, Financial Statement Schedules                                                          















---

PART I



This report includes forward-looking statements. The words may, will, anticipate, believe, estimate, expect, intend, plan, aim, seek, should, is likely, and similar expressions as they relate to us or our management are intended to identify these forward-looking statements. All statements by us regarding our expected financial position, revenues, cash flows and other operating results, business strategy, legal proceedings and similar matters are forward-looking statements. Our expectations expressed or implied in these forward-looking statements may not turn out to be correct. Our results could be materially different from our expectations because of various risks, including the risks discussed in this report under Part I  Item 1A  Risk Factors. Any forward-looking statement speaks only as of the date as of which such statement is made, and, except as required by law, we undertake no obligation to update any forward-looking statement to reflect events or circumstances, including unanticipated events, after the date as of which such statement was made.





ITEM 1. BUSINESS



Background of the issuer and its predecessor



Golden Edge Entertainment, Inc. (the Company or the Issuer ) is an entertainment production company originally incorporated under the name Retail Spicy Gourmet, Inc. on December 30, 2010 in Delaware. The name was changed by amendment to the Certificate of Incorporation to Golden Edge Entertainment on February 26, 2013.



The Company was originally incorporated as part of the implementation of the Chapter 11 plan of reorganization of Spicy Gourmet Organics, Inc. ("SGO"), a California corporation. SGO was formed in 2006 to sell specialty, organic spices imported from South Asia in the United States. Sales of SGO  s spice products were slow to develop, and SGO filed a voluntary petition for bankruptcy under Chapter 11 in the U.S. Bankruptcy Court for the Central District of California. SGO's plan of reorganization was confirmed by the Court on November 19, 2010. The plan of reorganization provided, among other things, for the incorporation of this Issuer, the acquisition by it of SGO's retail spice sales business, and the distribution of shares in this Issuer to the bankruptcy creditors. Management of the Company was unsuccessful in developing the retail spice business, and searched for another business opportunity.



Description of Current Business



Golden Edge Entertainment is primarily engaged in the business of providing professional services to the music recording industry. We intend to develop three sources of revenue: 1) Revenue from production services; 2) Revenue from events production and promotion 3) Revenue from artist management. We will not be engaged in the sale of music or related merchandise to the public.



The Company provides advice, and assistance to all aspects of the entertainment industry. Originally conceived to provide production services, it now has expanded its scope to providing complete end-to-end services for the industry.



Golden Edge Entertainment has three operating divisions:



Golden Edge Productionsis an international production company. Golden Edge has developed methodologies that help drive its production process in an extremely efficient manner. Using online project management tools, Golden Edge has created and continues to develop award-winning music videos, commercial production, digital animations, as well as interactive applications which include game production.





---

Golden Edge Artist Developmentsupports the development of emerging Creative artists and responds to their needs by embracing new business models, ideas, and approaches. We work with the artists and develop strategies which include funding, staffing, program delivery, marketing, fundraising, legal advice and other infrastructure needs. GOLDEN EDGE may be seen as an early investor in their artistic endeavours, and it is by their participation, that the artist may be able to attract other opportunities. We see ourselves as a Stage 1 incubator and also provide a hybrid facility to produce works from talented individuals with a story to tell.



Golden Edge Event Productions, Promotion and Ticketing has been described as the Next Generation in concert and event productions. The Companys expertise is in the development of high profile events that deliver predictable sustainable revenue streams. The Company is known for its ability to execute concerts locally and internationally, and has been able to present Tier A acts as a result of its relationships with major booking agencies developed over years of interaction. In addition to having access the best acts and available talent, Golden Edge has developed solid relationships with service providers, and has formed strategic alliances with a number of companies with global and regional presence to further facilitate the implementation of its productions and create a replicable model.



Plan of Operation



The business model is based on a combination of short term, near term and long term revenue models as defined below:



Short Term Revenue is comprised of a residual revenue model whereby GDEE provides infrastructure and managed services to its clients. It includes base infrastructure products such as artist websites, hosting, email, text messaging and mobile integration services to its clients. Near Term Revenue includes project based high profit production services.



Long Term Revenue includes artist development and long term intellectual property development, such as Intellectual Property, music libraries, and distribution contracts. The management team has determined that in order to build sustainable value over the long-term, it must focus on the development of intellectual property and cultural capital. It desires to create an organization that has the ability to turn dreams into reality by providing the capacity for artists to develop, market and monetize their art by providing the means of local production, and international consumption. The organization has well-established national and global relationships with artists, government, creative professionals, record companies, publishing companies, executives, producers, managers, media, venues and promoters. This creates an immediate competitive advantage when it comes to leveraging new opportunities for our stakeholders.



Core Business



Golden Edge Productions

Golden Edge has the capacity to produce the highest quality digital production for any industry. Initially focused on production for the music industry, Golden Edge now creates high quality work for training, commercial productions, television shows, infomercials, and feature films.



Golden Edge Artist Development

Golden Edge works with our artists to provide an entire suite of products and services which includes but is not limited to writing, post-production, website design, social media, event planning, and financing. The Company fills the gap in the music industry, by providing an alternative to the status quo. Golden Edge is a full service music production, management and distribution company, and makes it services available to all of its artists, whether they are established international acts, or up and coming local bands.









---

Golden Edge Event Productions, Promotions and Ticketing

Golden Edge has experience in producing large-scale events, and has its own technology for both the ticketing and marketing of individual acts. It continually develops its technology infrastructure, to ensure that its artists have access to the latest social media marketing tools. By owning its own ticketing system, it also allows the artist to generate cash flow in advance of the event, and allows better management for the event managers to gauge attendance.



Strategic Goals



Golden Edge Entertainment seeks relationships with all sectors of the entertainment, creative and cultural communities. GDEE sees itself as a true partner with these sectors in so much as our success is directly tied to the success of our partners, whether those partners are musicians, artists, publishers, authors, writers or other cultural actors creating a true win-win environment. Golden Edge has positioned itself to become a facilitator of other peoples dreams, ideas and desires, and provides an unparalleled array of products and services in order to achieve common goals:



❖Acquire and develop Intellectual Property

❖Identify, mentor, and support cultural actors

❖Commercialize and market the assets

❖Create an exchange platform that is continually evolving



Golden Edge plans to continue developing and deploying its platforms while simultaneously acquiring digital entertainment and cultural assets which add to its intellectual capital.



Revenue Model



Golden Edges revenue model has been developed after careful analysis of the culture and entertainment sectors. We reviewed key elements that contributed to their success or failure, and looked at a myriad of companies. What we found is that most Culture and Entertainment sectors know they need more customers, and a better way to reduce costs and increase operational efficiencies. We have developed our business model with these requirements in mind. Golden Edge Entertainment will combine a conservative and balanced approach to its revenue model, by diversification of its income stream across multiple revenue types. It will spread its risk and share its rewards with individuals and groups that believe in this shared philosophy.



Golden Edge sees its revenue sources in a number of areas:



❖Production Services

❖Event Promotion and Sponsorship

❖Royalties, and Licensing

❖Transactions



By consolidating all of the cost centers under one roof, Golden Edge will provide the most efficient one stop shop for entertainers, creative professionals, and cultural actors to develop their services, products, or art in the most efficient manner.











---

Officers and Directors



Tony Khoury, Director, Secretary and Treasurer has been involved as an experienced professional in the industry of sales and leasing for the past ten years. From 2006 to 2015, Mr. Khoury has been a Director of Sales and Leasing at TRAMS Property Management in Montreal, Quebec, which is a multi-national, vertically integrated real estate group offering third party real estate services in the United States. Mr. Khoury was responsible for a team of sales people creating new marketing ideas, negotiating sales of properties and implementing new corporate strategies. From 2004 through 2006, Mr. Khoury was a business broker for Sunbelt Business Brokers in Toronto, Ontario, which is a large main street and lower middle market business intermediary firm. Mr. Khoury assisted in negotiations in Mergers and Acquisitions, assisted potential buyers to acquire businesses and analyzed financial records to help improve corporate growth. Mr. Khoury attended Vanier College in Montreal, Quebec.



Anthony Pavek, President and CEO, born 8/16/80 is the founder of HaloHD.com Inc., a rapidly growing film and video production company located in the Tampa bay area. He studied at Full Sail Real World Education in Winter Park, FL where he earned an Associate of Science in Film and Video. Mr. Pavek directed the production of the Zellwood Sweet Corn Festival, an annual concert held just outside of Orlando, which draws approximately 30,000 fans on a yearly basis. He has also directed over 30 major country/rock/Christian artist concerts. Mr. Pavek graduated from Full Sail University in 2002 with an AS in film/video.



John Govoruhk, COO, born 2/12/59 is a promoter and booking agent with over three decades of experience in the music industry. He started his own booking agency called Johnny Gs, an agency that eventually merged with Omni Talent. Working with Omni, Mr. Govoruhk handled numerous national bands, not only at the height of their glory, but in their early days as well. These acts included Jackyl, Quiet Riot, 38 Special, Lynyrd Skynyrd, Jefferson Starship, and Cheap Trick. In addition to owning a studio, he owned and operated a musical instruments business for over ten years as well. Within the last two years, he collaborated on shows for both Live Nation and AEG LIVE.  Mr. Govoruhk is founder of Crowd Pleaser Artist a promotional company, in business for last 5 years.





ITEM 1A. RISK FACTORS



Risks Related to Our Business



An investment in our common stock is highly speculative, and should only be made by persons who can afford to lose their entire investment in us. You should carefully consider the following risk factors and other information in this registration statement before deciding to become a holder of our common stock. If any of the following risks actually occur, our business and financial results could be negatively affected to a significant extent.



We have limited operating history and no significant revenues or earnings from operations.



We have no assets other than a small amount of cash and other small assets. We will, in all likelihood, sustain operating expenses without corresponding revenues, at least until we produce our first event which is currently under development. Further, there is no assurance that we will be able to successfully produce an event. Even if we do achieve profitability, we may be unable to sustain or increase that profitability in the future. Results of operations will depend upon numerous factors, some beyond our control, including market acceptance of our products and services and competition. If we do not develop operations and revenues, the value of any investment in our Company may become worthless.









---





We may require additional funds to achieve our current business strategy, which we may not be able to obtain which would affect our ability to operate.



While the Company will begin operations without raising significant capital by taking on projects from clients who will pay in advance for our services, it is possible that we will require additional funds at some point. There can be no assurance that additional funds will be available to the Company if needed, or, if available, that they will be available on terms which would be acceptable. If the Companys capital is insufficient to operate successfully, and if additional funding is not available or not available on acceptable terms, the value of any investment in our Company may become worthless. Mr. Pavek and the Companys CEO have orally agreed to provide the necessary funds, without interest, for the Company to comply with the 1934 Act reporting requirements, provided that they are officers or directors of the Company when the obligation is incurred. They have not set a maximum dollar amount that they are willing to provide to the Company, and they are not contractually obligated to fund the Company, and the Company cannot provide assurance that their funding will continue in the future.



Our status as an emerging growth company under the JOBS Act of 2012 may make it more difficult to raise capital as and when we need it. Because of the exemptions from various reporting requirements provided to us as an emerging growth company, we may be less attractive to investors and it may be difficult for us to raise additional capital as and when we need it. If we are unable to raise additional capital as and when we need it, our financial condition and results of operations may be materially and adversely affected.



We may not be able to continue to operate as a going concern



Our auditor has expressed the opinion that we may not be able to continue as a going concern. His opinion letter and the notation in the financial statements indicate that we do not have revenues, significant cash reserves, or other material assets and that we are relying on advances from stockholders, officers and directors to meet our limited operating expenses. We may become insolvent if we are unable to pay our debts in the ordinary course of business as they become due.



Our production operations require us to make subjective determinations as to the potential marketability of an artist.



The Company must make a subjective determination as to the marketability of an artists work when defining the terms of a production contract with an artist. If we sign artists who ultimately turn out to be unprofitable or fail to sign, our financial condition may be adversely effected and the value of our securities, if any, may decline in value or become worthless.



Our success depends heavily on two individuals and we have no insurance on those individuals.



Our success depends almost exclusively on two individuals, our President, Anthony Pavek and vice president John Govoruhk.  Mr. Pavek is the only member of our management team with experience in the music industry. The Company does not carry life or disability insurance on Mr. Pavek. If the Company were to lose the services of Mr. Pavek before operations or funding would allow the Company to hire other management with industry experience, the Company would most likely fail and the value of our securities, if any, decline in value or become worthless.

Our other Officers and Directors devote limited time to our business, which may negatively impact upon our plan of operations, implementation of our business plan and our potential profitability.



Apart from Mr. Pavek, who devotes most of his time to the affairs of the Company, our other Officer is involved in another business. The limited amount of time our director devotes to our business and the limited



---

experience which he has in our industry may be inadequate to implement our plan of operations and develop a profitable business.



Having only one director limits our ability to establish effective independent corporate governance procedures.



We have only one director.  Accordingly, we cannot establish board committees comprised of independent members to oversee functions like compensation or audit issues. Until we have a larger board of directors that would include some independent members, if ever, there will be limited oversight of our presidents decisions and activities and little ability for minority shareholders to challenge or reverse those activities and decisions, even if they are not in the best interests of minority shareholders.



Our one director represents a majority of the shares issued and outstanding and will be able to approve all corporate actions without shareholder consent and will control our Company.



Our director, Tony Khoury, currently owns approximately 91.4% of our Common Stock. Because of this, he will have the controlling vote in all matters requiring approval by our shareholders, but not requiring the approval of the minority shareholders.



Some of our competitors may be able to use their financial strength to dominate the market, which may affect our ability to generate revenues.



Many of our competitors are much larger companies and better capitalized. They could choose to use their greater resources to finance their continued participation and penetration of this market, which may impede our ability to generate sufficient revenue to cover our costs. Their better financial resources could allow them to significantly out spend us on music recording, as well as marketing and production. We might not be able to maintain our ability to compete in this circumstance.



Our Common Stock may never be publicly traded and holders may have no ability to sell their shares.



There is no established public trading market for our shares of Common Stock, and there is no assurance that our Common Stock will be accepted for quotation on the OTC Bulletin Board or in any other trading system in the future. There can be no assurance that a market for our Common Stock will be established or that, if established, a market will be sustained. Therefore, if you purchase our Common Stock you may be unable to sell the shares. Accordingly, you should be able to bear the financial risk of losing your entire investment.



Only market makers can apply to quote securities. A market maker who desires to initiate quotations in the OTC Bulletin Board system must complete an application (Form 211) (unless an exemption is applicable) and by doing so, will have to represent that it has satisfied all applicable Requirements of the Securities and Exchange Commission Rule 15c2-11 and the filing and information requirements promulgated under the Financial Industry Regulatory Authority ("Finra") Bylaws. The OTC Bulletin Board will not charge us a fee for being quoted on the service. Finra rules prohibit market makers from accepting any remuneration in return for quoting issuers' securities on the OTC Bulletin Board or any similar medium. Finra will review the market maker's application (unless an exemption is applicable). If cleared, it cannot be assumed by any investor that any federal, state or self-regulatory requirements other than certain Finra rules and Rule 15c2-11 have been considered by Finra. Furthermore, the clearance should not be construed by any investor as indicating that Finra, the Securities and Exchange Commission, or any state securities commission has passed upon the accuracy or adequacy of the documents contained in the submission.



The OTC Bulletin Board is a market maker or dealer-driven system offering quotation and trading reporting capabilities - a regulated quotation service - that displays real-time quotes, last-sale prices, and volume information in OTC equity securities. The OTC Bulletin Board securities are not listed and traded on the floor



---

of an organized national or regional stock exchange. Instead, OTC Bulletin Board securities transactions are conducted through a telephone and computer network connecting market makers or dealers in stocks.



If our Common Stock does not meet blue sky resale requirements, certain shareholders may be unable to resell our Common Stock.



The resale of Common Stock must meet the blue sky resale requirements in the states in which the proposed purchasers reside. If we are unable to qualify the Common Stock and there is no exemption from qualification in certain states, the holders of the Common Stock or the purchasers of the Common Stock may be unable to sell them.



Our shareholders may face significant restrictions on the resale of our Common Stock due to state "blue sky" laws.



There are state regulations that may adversely affect the transferability of our Common Stock. We have not registered our Common Stock for resale under the securities or "blue sky" laws of any state. We may seek qualification or advise our shareholders of the availability of an exemption. We are under no obligation to register or qualify our Common Stock in any state or to advise the shareholders of any exemptions.



Current shareholders, and persons who desire to purchase the Common Stock in any trading market that may develop in the future, should be aware that there might be significant state restrictions upon the ability of new investors to purchase the Common Stock.



Blue sky laws, regulations, orders, or interpretations place limitations on offerings or sales of securities by where such securities represent "cheap stock" previously issued to promoters or others. Our officers received stock at a price of $.0005 for each share, and may be deemed to hold "cheap stock." These limitations typically provide, in the form of one or more of the following limitations that such securities are:



(a)  Not eligible for sale under exemption provisions permitting sales without registration to accredited investors or qualified purchasers;

(b)  Not eligible for the transaction exemption from registration for non-issuer transactions by a registered broker-dealer;

(c)  Not eligible for registration under the simplified small corporate offering registration (SCOR) form available in many states;

(d)  Not eligible for the "solicitations of interest" exception to securities registration requirements available in many states;

(e)  Not permitted to be registered or exempted from registration, and thus not permitted to be sold in the state under any circumstances.



Virtually all 50 states have adopted one or more of these limitations, or other limitations or restrictions affecting the sale or resale of "cheap stock" issued to promoters or others.  Any secondary trading market which may develop, may only be conducted in those jurisdictions where an applicable exemption is available or where the shares have been registered.





Our Common Stock will be subject to significant restriction on resale due to federal penny stock restrictions.



The Securities and Exchange Commission has adopted rules that regulate broker or dealer practices in connection with transactions in penny stocks. Penny stocks generally are equity securities with a price of less than $5.00 (other than securities registered on certain national securities exchanges or quoted on the NASDAQ system, provided that current price and volume information with respect to transactions in such securities is



---

provided by the exchange system). The penny stock rules require a broker or dealer, prior to a transaction in a penny stock not otherwise exempt from the rules, to deliver a standardized risk disclosure document prepared by the Securities and Exchange Commission that provides information about penny stocks and the nature and level of risks in the penny stock market. The broker or dealer also must provide the customer with bid and offer quotations for the penny stock, the compensation of the broker or dealer, and its salesperson in the transaction, and monthly account statements showing the market value of each penny stock held in the customer's account. The penny stock rules also require that prior to a transaction in a penny stock not otherwise exempt from such rules, the broker or dealer must make a special written determination that a penny stock is a suitable investment for the purchaser and receive the purchaser's written agreement to the transaction.



These disclosure requirements will have the effect of reducing the level of trading activity in any secondary market for our stock, and accordingly, shareholders of our Common Stock will find it difficult to sell their securities, if at all.





ITEM 2. PROPERTIES



We presently utilize office space at 3959 van dyke rd, Suite 313, Tampa, FL, 33558. This space is provided to the Company by our president on a rent free basis, and it is anticipated that this arrangement will continue for the next twelve months.





ITEM 3. LEGAL PROCEEDINGS



There is no current pending or threatened litigation.





ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS



No matters were submitted to a vote of security holders during the period ended December 31, 2015.



















---



PART II



ITEM 5. MARKET FOR COMMON EQUITY, RELATED STOCKHOLDER MATTERSAND ISSUER PURCHASES OF EQUITY



Market Information



There is limited trading market for our Common Stock at present and there has been limited trading market since inception.



Holders



As of April 14, 2016, there were approximately 51 stockholders of record holding our common stock.



Dividends



We have never paid a dividend on our common stock and we do not intend to pay a dividend in the foreseeable future. We have had no earnings from which to pay dividends to date and we anticipate that there will be no earnings prior to a business combination and possibly no earnings after a business combination.



Securities Authorized for Issuance under Equity Compensation Plans



None.



Recent Sales of Unregistered Securities; Use of Proceeds from Registered Securities



(A) SECURITIES ISSUED IN BANKRUPTCY



1,180,000 shares of our common stock were distributed to 48 shareholders by order of the U.S. Bankruptcy Court for the Central District of California as part of the confirmed Plan of Reorganization of Spicy Gourmet Organics, Inc. (the "Debtor"). The Court ordered the Companys securities to be distributed to creditors of the Debtor in partial satisfaction of their claims against the Debtor and in order to enhance the creditors' opportunity for recovery.



5,000,000 warrants to purchase shares of our common stock were also distributed to creditors of the Debtor as part of the confirmed Plan of Reorganization. The warrants consist of 1,000,000 "A Warrants" each convertible into one share of common stock at an exercise price of $3.00; 1,000,000 "B Warrants" each convertible into one share of common stock at an exercise price of $4.00; 1,000,000 "C Warrants" each convertible into one share of common stock at an exercise price of $5.00; 1,000,000 "D Warrants" each convertible into one share of common stock at an exercise price of $6.00; and 1,000,000 "E Warrants" each convertible into one share of common stock at an exercise price of $7.00. All warrants are currently exercisable and may be exercised at any time prior to November 19, 2015.



The issuance of the 1,180,000 shares of common stock and the 5,000,000 warrants to purchase a total of 5,000,000 shares of common stock were issued in exchange for claims against the estate of the Debtor and were exempt from registration under the Securities Act of 1933, as amended, because they were issued under section 1145 of the Bankruptcy Code (Title 11 of the U.S. Code). In addition, we may have also relied upon section 3(a)(7) of the Securities Act of 1933 as a transaction ordered by a court as part of a bankruptcy reorganization.









---



(B) SECURITIES ISSUED IN A PRIVATE PLACEMENT



The Company issued 10,000,000 restricted shares of its common stock to two Directors, Ali Balaban and Daniel Masters, at $0.0005 per share on June 30, 2011, for total consideration of $5,000. On February 1, 2013 the Company issued 6,000,000 restricted shares of its common stock to Edgel Groves in exchange for his services. We relied upon Section 4(2) of the Securities Act of 1933, as amended for the above issuance. We believed that Section 4(2) was available because:



-    The issuance involved no underwriter, underwriting discounts or commissions;

-    We placed restrictive legends on all certificates issued;

-    No sales were made by general solicitation or advertising;

-    Sales were made only to accredited investors.



In connection with the above transactions, we provided the following to the investor:



-    Access to all our books and records.

-    Access to all material contracts and documents relating to our operations.

-    The opportunity to obtain any additional information, to the extent we possessed such information, necessary to verify the accuracy of the information to which the investors were given access.



The 16,000,000 shares of common stock issued in these private placements will not be eligible for resale under Rule 144 until the conditions of Rule 144(i) are met.



Stock Splits



We have never authorized a stock split or reverse stock split.



Repurchases



We have never repurchased any shares of our common stock, nor were any repurchases made on our behalf, nor have any future repurchases been authorized.











































---



ITEM 6. SELECTED FINANCIAL DATA



The following balance sheet data and statement of operations data for the periods ended December 31, 2015 and 2014 were derived from our audited financial statements. Our audited financial statements for those periods and the notes thereto appear elsewhere herein. The data should be read in conjunction with the annual financial statements, related notes, and other financial information appearing elsewhere herein.



|                                |                   |                  
|------------------------------- | ----------------- | -----------------
|                                |                   |                  
|                                | December 31, 2015 | December 31, 2014
|Statement of Operations Data    |                   |                  
|Revenues                        | -                 | -                
|Expenses                        | 80,334            | 11,454           
|Net Profit/Loss                 | (80,334)          | (11,454)         
|Loss per share                  |                   |                  
|Basic & Diluted                 | (0.00)            | (0.00)           
|                                |                   |                  
|Balance Sheet Data              |                   |                  
|                                |                   |                  
|Cash                            | 0                 | -                
|                                |                   |                  
|Total Assets                    | 1400              | -                
|                                |                   |                  
|Liabilities                     | 59,677            | 693              
|                                |                   |                  
|Stockholders  Equity (Deficit) | (58,277)          | (693)            
|                                |                   |                  





ITEM 7. MANAGEMENT DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION



The following Discussion and Analysis is intended to help you understand our financial condition and results of operations for the years ended December 31, 2015 and December 31, 2014. You should read the following discussion and analysis together with our audited financial statements and the notes to the financial statements included under Item 8 in this report. Our future financial condition and results of operations will vary from our historical financial condition and results of operations described below based on a variety of factors. You should carefully review the risks described under Item 1A and elsewhere in this report, which identify certain important factors that could cause our future financial condition and results of operations to vary.

LIQUIDITY AND CAPITAL RESOURCES

As of December 31, 2015 we had assets of $1,400, and liabilities of $59,677 and ($58,277) we had an accumulated deficit of $167,173. As of December 31, 2014 we had assets of $Nil, and $693 of liabilities and we had an accumulated deficit of $86,839. Most of our expenses in 2015, were for professional, general, and administrative expenses which totalled $72,997. In 2014 the Company was dormant and we had $11,454 of expenses. Our increase in liabilities was the result of a loan from an officer and shareholder. We will, in all likelihood, sustain continued operating expenses without corresponding revenues, at least for the next year, and we will continue to depend upon shareholders, officers, and directors to make loans to the Company to meet any costs that may occur. All such advances will be interest-free.



---



RESULTS OF OPERATIONS



The Company has not yet realized any revenues or earnings from operations. Its website is now operational and it hopes to record its first revenues during the next quarter.



GOING CONCERN.



The accompanying financial statements are presented on a going concern basis. The company's financial condition raises substantial doubt about the Company's ability to continue as a going concern. The Company does not have cash or other material assets nor does it have any operations or revenues from operations. It is relying on advances from stockholders, officers and directors to meet its limited operating expenses.



OFF-BALANCE SHEET ARRANGEMENTS



We do not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that is material to investors.



DISCLOSURE OF CONTRACTUAL OBLIGATIONS



The Company has no contractual obligations.





ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK



Management believes that the Company bears no direct market risk. The Company holds no debt or equity securities, no foreign currencies, and has no credit facility. Shareholders of the Company have agreed to extend loans to the Company as needed to meet obligations, however these will be interest free. The Company has not made any sales, purchases, or commitments with foreign entities which would expose it to currency risks.





ITEM 8. CONSOLIDATED FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA



The Companys financial statements appear at the end of this Form 10-K; they consist of:



· Reports Of Independent Registered Public Accounting Firms

· Balance Sheets

· Statement of Operations

· Statement of Changes in Stockholders’ Equity

· Statement of Cash Flows

· Notes to Financial Statements





ITEM 9. CHANGES IN AND DISAGREEMETNS WITH ACCOUNTS ON ACCOUNTING AND FINANCIAL DISCLOSURE



There have been no disagreements with our accountants and no changes to our accounting and financial disclosure. Anton & Chia, CPAs still remains our auditor.







---



ITEM 9A. CONTROLS AND PROCEDURES.



Evaluation of Disclosure Controls and Procedures



Under the supervision and with the participation of our management, including our principal executive officer and the principal financial officer, we have 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 and Exchange Act of 1934, as of the end of the period covered by this report (December 31, 2015). The term disclosure controls and procedures means our controls and other procedures that are designed to ensure that information required to be disclosed by us in the reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the SEC's rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by us in the reports that we file or submit under the Exchange Act is accumulated and communicated to management, including our principal executive and principal financial officer, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure. Based on this evaluation, our principal executive officer and our principal financial officer concluded that, as of December 31, 2015, our disclosure controls and procedures were effective at a reasonable assurance level.



Managements Annual Report on Internal Control over Financial Reporting



Our management is responsible for establishing and maintaining adequate internal control over financial reporting, as such term is defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act, for the company. Internal control over financial reporting includes those policies and procedures that: (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of our assets; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that our receipts and expenditures are being made only in accordance with authorizations of its management and directors; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of our assets that could have a material effect on the financial statements.



Management recognizes that there are inherent limitations in the effectiveness of any system of internal control, and accordingly, even effective internal control can provide only reasonable assurance with respect to financial statement preparation and may not prevent or detect material misstatements. In addition, effective internal control at a point in time may become ineffective in future periods because of changes in conditions or due to deterioration in the degree of compliance with our established policies and procedures. A material weakness is a significant deficiency, or combination of significant deficiencies, that results in there being a more than remote likelihood that a material misstatement of the annual or interim financial statements will not be prevented or detected.



Under the supervision and with the participation of our chief executive officer and our chief financial officer we conducted an evaluation of the effectiveness of our internal control over financial reporting, as of December 31, 2013, based on the framework set forth in Internal Control-Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). Based on our evaluation under this framework, management concluded that our internal control over financial reporting was not effective as of the evaluation date due to the factors stated below.



Insufficient Resources:We have an inadequate number of personnel with requisite expertise in the key functional areas of finance and accounting to be able to have appropriately designed and operating entity level controls including risk assessment; information and communication; monitoring; and financial reporting.





---





Inadequate Segregation of Duties:We have an inadequate number of personnel to properly segregate duties to implement control procedures.



Lack of Audit Committee and Outside Directors on the Company  s Board of Directors:We do not have a functioning audit committee or outside directors on our board of directors, resulting in ineffective oversight in the establishment and monitoring of required internal controls and procedures.



Management is committed to improving its internal controls and will (1) continue to assess and address shortfalls in staffing and to assist the Company with accounting and finance responsibilities, (2) increase the frequency of independent reconciliations of significant accounts which will mitigate the lack of segregation of duties until there are sufficient personnel and (3) may consider appointing outside directors and audit committee members in the future.



Management has discussed the material weakness noted above with our independent registered public accounting firm. This annual report does not include an attestation report of our registered public accounting firm regarding internal control over financial reporting. Management's report was not subject to attestation by our registered public accounting firm pursuant to temporary rules of the SEC that permit us to provide only management's report in this annual report.



Changes in Internal Control over Financial Reporting



There have been no changes in the Company's internal controls over financial reporting during its fiscal year that have materially affected, or are reasonably likely to materially affect, its internal control over financial reporting.





ITEM 9B. OTHER INFORMATION



None.













































---







PART III



ITEM 10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE



Identification of Director and Executive Officer



We have one director and two officers, as set forth below.



|              |     |                                  
|------------- | --- | ---------------------------------
|              |     |                                  
|Name          | Age | Position                         
|Tony Khoury   | 36  | Director, Secretary and treasurer
|              |     |                                  
|Anthony Pavek | 36  | CEO                              
|              |     |                                  
|John Govoruhk | 57  | COO                              



Biographies and Qualifications of Our Executive Officers and Director.



The biographies of our executive officer and director and our two consultants, including certain information regarding the directors experience, attributes, skills and/or qualifications that led to the conclusion that the individual should be serving as an executive officer and/or director of our Company, are as follows:



Mr. Khoury has been involved as an experienced professional in the industry of sales and leasing for the past ten years. From approximately 2006 to 2015, Mr. Khoury has been a Director of Sales and leasing at TRAMS Property Management in Montreal, Quebec, which is a multi-national, vertically integrated real estate group offering third party real estate services in the United States. Mr. Khoury was responsible for a team of sales people creating new marketing ideas, negotiating sales of properties and implementing new corporate strategies. From approximately 2004 through 2006, Mr. Khoury was a business broker for Sunbelt Business Brokers in Toronto, Ontario, which is a large main street and lower middle market business intermediary firm. Mr. Khoury assisted in negotiations in Mergers and Acquisitions, assisted potential buyers to acquire businesses and analyzed financial records to help improve corporate growth. Mr.Khoury attended Vanier College in Montreal, Quebec.



Mr. Pavek, born 8/16/80 is the founder of HaloHD.com Inc., a rapidly growing film and video production company located in the Tampa bay area. He studied at Full Sail Real World Education in Winter Park, FL where he earned an Associate of Science in Film and Video. Mr. Pavek directed the production of the Zellwood Sweet Corn Festival, an annual concert held just outside of Orlando, which draws approximately 30,000 fans on a yearly basis. He has also directed over 30 major country/rock/Christian artist concerts. Mr. Pavek graduated from Full Sail University in 2002 with an AS in film/video.



John Govoruhk, born 2/12/59 is a promoter and booking agent with over three decades of experience in the music industry. He started his own booking agency called Johnny Gs, an agency that eventually merged with Omni Talent. Working with Omni, Mr. Govoruhk handled numerous national bands, not only at the height of their glory, but in their early days as well. These acts included Jackyl, Quiet Riot, 38 Special, Lynyrd Skynyrd, Jefferson Starship, and Cheap Trick. In addition to owning a studio, he owned and operated a musical instruments business for over ten years as well. Within the last two years, he collaborated on shows for both Live Nation and AEG LIVE.  John is founder of Crowd Pleaser Artist a promotional company, in business for last 5 years.



---













Code of Ethics



We have adopted a code of ethics that applies to our principal executive officer, principal financial officer, and persons performing similar functions. The code of ethics will be posted on the investor relations section of the Company's website in the event that we develop a website. At such time as we have posted the code of ethics on our website, we intend to satisfy the disclosure requirements under Item 10 of Form 8-K regarding any amendment to, or waiver from, a provision of the code of ethics by posting such information on the website.



Audit Committee



Our board of directors has not established an audit committee. In addition, we do not have a compensation committee or executive committee or similar committees. We will not, in all likelihood, establish an audit committee until such time as the Company generates a positive cash flow of which there can be no assurance. We recognize that an audit committee, when established, will play a critical role in our financial reporting system by overseeing and monitoring management's and the independent auditors' participation in the financial reporting process. At such time as we establish an audit committee, its additional disclosures with our auditors and management may promote investor confidence in the integrity of the financial reporting process.



Until such time as an audit committee has been established, the full board of directors will undertake those tasks normally associated with an audit committee to include, but not by way of limitation, the (i) review and discussion of the audited financial statements with management, and (ii) discussions with the independent auditors of matters required to be discussed by the Statement On Auditing Standards No. 61 and No. 90, as may be modified or supplemented.



There have been no material changes to the procedures by which security holders may recommend nominees to our Board of Directors.



The Board of Directors will consider candidates for director positions that are recommended by any of our stockholders. Any such recommendation should be provided to our Secretary.



Corporate governance and management



DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS



On March 23, 2015 Tony Khoury resigned as the Companys Chief Executive Officer and Chief Financial Officer. Mr. Khoury had not disputes with the Company and still remains as Chairman of the board, Secretary and Treasurer.  In conjunction with the resignation of Mr. Khoury, Anthony Pavek was appointed Chief Executive Officer and President of the Company, and John Govoruhk was appointed Vice President and Chief Operating Officer of the Company.





5,000,000 warrants to purchase shares of our common stock were also distributed to creditors of the Debtor as part of the confirmed Plan of Reorganization. The warrants consist of 1,000,000 "A Warrants" each convertible into one share of common stock at an exercise price of $3.00; 1,000,000 "B Warrants" each convertible into one share of common stock at an exercise price of $4.00; 1,000,000 "C Warrants" each convertible into one share of



---

common stock at an exercise price of $5.00; 1,000,000 "D Warrants" each convertible into one share of common stock at an exercise price of $6.00; and 1,000,000 "E



On March 24, 2015, The board passed a resolution on electing to change the exercise price of Warrants A, B,C and D to $0.05



ITEM 11. EXECUTIVE COMPENSATION



During the year ended December 31, 2013 our President received 6,000,000 shares of our common stock as compensation for his services in 2013. Our other executive officer, our Secretary and Treasurer received no compensation in any form in the year ended December 31, 2013. There are no agreements in place or contemplated at this time to provide cash or stock compensation to our directors or officers in the future. We have no retirement, pension, profit sharing, stock option or insurance programs or other similar programs for the benefit of our officers, directors, or employees, and we have no employees at this time.





ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDERS



The following table sets forth certain information, as of the date of this Current Report, with respect to the beneficial ownership of the outstanding common stock by: (i) any holder of more than five (5%) percent; (ii) each of the Corporations executive officers and directors; and (iii) the Corporations directors and executive officers as a group. Except as otherwise indicated, each of the stockholders listed below has sole voting and investment power over the shares beneficially owned. Unless otherwise indicated, each of the stockholders named in the table below has sole voting and investment power with respect to such shares of common stock. Beneficial ownership consists of a direct interest in the shares of common stock, except as otherwise indicated. As of the date of this Current Report, there are 17,580,000 shares of common stock issued and outstanding.



Security Ownership of Certain Beneficial Owners and Management



17,580,000 shares outstanding shares

100 M authorized shares

16,065,000 Tony Khoury



Under Rule 13d-3, a beneficial owner of a security includes any person who, directly or indirectly, through any contract, arrangement, understanding, relationship, or otherwise has or shares: (i) voting power, which includes the power to vote, or to direct the voting of shares; and (ii) investment power, which includes the power to dispose or direct the disposition of shares. Certain shares may be deemed to be beneficially owned by more than one person (if, for example, persons share the power to vote or the power to dispose of the shares). In addition, shares are deemed to be beneficially owned by a person if the person has  the right to acquire the shares (for example, upon exercise of an option) within 60 days of the date as of which the information is provided. In computing the percentage ownership of any person, the amount of shares outstanding is deemed to include the amount of shares beneficially owned by such person (and only such person) by reason of these acquisition rights. As a result, the percentage of outstanding shares of any person as shown in this table does not necessarily reflect the persons actual ownership or voting power with respect to the number of shares of common stock actually outstanding as of the date of this Current Report. As of the date of this Current Report, there are 17,580,000 shares issued and outstanding.











---













ITEM 13. CERTAIN RELATIONSHIPS, RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE



There have been no related party transactions, or any other transactions required to be disclosed, other than the compensation paid to our past President and noted above in the form of 6,000,000 share of our common stock. There are no promoters except to the extent the Directors of the Company may be considered to be promoters because of their involvement with the Company  s business plan, and/or its bankruptcy plan of reorganization, and/or their ownership of shares in the Company, and/or their family relationship with our president.



The officers and directors of the Company have agreed to provide the necessary funds, without interest, for the Company to comply with the 1934 Act provided that the lender is an officer or director of the Company when the obligation is incurred. All advances are interest-free, due on demand, and there is no contractual obligation requiring the officers and directors to provide these funds. At December 31, 2013 the Company owed $5,800 to an officer and director of the Company. This debt was incurred during the year ended December 31, 2013.





ITEM 14. PRINCIPAL ACCOUNTING FEES AND SERVICES



Anton & Chia, CPAs, audited the Company  s financial statements for the year ended December 31, 2015, and Kenne Ruan, CPA audited the Company  s financial statements for the year ended December 31, 2014. The following table sets forth the aggregate fees billed to the Company by Anton & Chia for 2012 and by Kenne Ruan for 2013:



Audit fees, including the audit of the Companys annual financial statements and fees related to reviews of quarterly financial statements, consents and review of registration statements.



Year 2014: $3,300



Year 2015: $9,360



The Board of Directors acts as the Audit Committee. The Board pre-approves the engagement of accountants to render all audit services for the Company, as well as any changes to the terms of the engagement. The Board will also pre-approve all non-audit related services proposed to be provided by the Companys independent registered public accounting firm. The Board reviews the terms of the engagement, a description of the engagement and a budget for the engagement.























---



PART IV.



ITEM 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES



The following documents are filed as part of this report:



FINANCIAL STATEMENTS



The following materials from the Companys Annual Report on Form 10-K for the year ended December 31, 2015, formatted in XBRL (eXtensible Business Reporting Language).



Balance Sheets as of December 31, 2015 and 2014

Statements of Operations for the years ended December 31, 2015 and 2014

Statements of Changes in Stockholders Deficit

Statements of Cash Flows for the years ended December, 2015 and 2014

Notes to Financial Statements



FINANCIAL STATEMENT SCHEDULES



All financial statement schedules have been omitted as they are not required, not applicable, or the required information is otherwise included.



EXHIBITS



The exhibits listed below are filed with or incorporated by reference in this report.



|        |  |                                                                                                                                                                                                   
|------- |  | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|        |  |                                                                                                                                                                                                   
|Exhibit |  | Description                                                                                                                                                                                       
|        |  |                                                                                                                                                                                                   
|        |  |                                                                                                                                                                                                   
|30.2    |  | Certification of Chief Financial Officer required by Rule 13a-14(a) or Rule
15d-14(a) of the Securities Exchange Act of 1934, as adopted pursuant to
Section 302 of the Sarbanes-Oxley Act of 2002
|        |  |                                                                                                                                                                                                   
|31.1    |  | Certification of Chief Executive Officer pursuant to 18 U.S.C. 1350, as adopted
pursuant to Section 906 of the Sarbanes-Oxley Act of 2002                                                         
|        |  |                                                                                                                                                                                                   
|        |  |                                                                                                                                                                                                   
|31.2    |  | Certification of Chief Financial Officer pursuant to 18 U.S.C. 1350, as adopted
pursuant to Section 906 of the Sarbanes-Oxley Act of 2002                                                         
|        |  |                                                                                                                                                                                                   

SIGNATURES



Pursuant to the requirements of Section 13 or 15(d) of the Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.





GOLDEN EDGE ENTERTAINMENT INC.





Date: May 3, 2016





By:/s/ Anthony Pavek



Anthony Pavek

Chief Executive Officer







(Principal Executive Officer)

(Principal 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.



|                                |                                                                                    |            
|------------------------------- | ---------------------------------------------------------------------------------- | -----------
|                                |                                                                                    |            
|Signature                       | Capacity                                                                           | Date       
|/s/ Anthony Pavek
Anthony Pavek | Chief Executive Officer, and Chief Financial Officer
(Principal Executive Officer) | May 3, 2016







---

[gdee10ka_10ka002.gif]





REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM





To the Board of Directors and Stockholders

Golden Edge Entertainment, Inc.





We have audited the accompanying balance sheets of Golden Edge Entertainment, Inc. (the "Company") as of December 31, 2015 and 2014 and the related statements of operations, stockholders' deficit, and cash flows for the years then ended. The Companys management is responsible for these financial statements. Our responsibility is to express an opinion on these financial statements based on our audit.



We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. The company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. Our audit included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the company's internal control over financial reporting. Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.



In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Golden Edge Entertainment, Inc. as of December 31, 2015 and 2014 and the results of its operations and its cash flows for the years then ended, in conformity with accounting principles generally accepted in the United States of America.



The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 3 to the financial statements, the Company has had no revenues and income since inception. These conditions, among others, raise substantial doubt about the Company's ability to continue as a going concern. Management's plans concerning these matters are also described in Note 3 which includes the raising of additional equity financing or merger with another entity. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.



/s/ Anton & Chia LLP

Newport Beach, CA

April 14, 2016



---







|                                                                 |  |                   |  |                  
|---------------------------------------------------------------- |  | ----------------- |  | -----------------
|GOLDEN EDGE ENTERTAINMENT, INC.                                 
|BALANCE SHEETS                                                  
|                                                                 |  |                   |  |                  
|                                                                 |  | December 31, 2015 |  | December 31, 2014
|                                                                 |  |                   |  |                  
|                                                                 |  |                   |  |                  
|ASSETS                                                           |  |                   |  |                  
|                                                                 |  |                   |  |                  
|Fixed assets                                                     |  | 1,400             |  | -                
|                                                                 |  |                   |  |                  
|Total assets                                                     |  | $
1,400           |  | $
-              
|                                                                 |  |                   |  |                  
|LIABILITIES AND STOCKHOLDERS' DEFICIT                            |  |                   |  |                  
|                                                                 |  |                   |  |                  
|Current liabilities                                              |  |                   |  |                  
|Bank Overdraft                                                   |  | 116               |  | -                
|Accounts Payable                                                 |  | 14,976            |  | 693              
|Convertible Note Payable, Net                                    |  | 11,227            |  | -                
|Derivative liability                                             |  | 13,358            |  | -                
|Shares to be Issued                                              |  | $
20,000          |  | $
-              
|                                                                 |  |                   |  |                  
|Total liabilities                                                |  | $
59,677          |  | $
693            
|                                                                 |  |                   |  |                  
|Stockholders' deficit                                            |  |                   |  |                  
|Preferred stock; $0.0001 par value, 20,000,000 share authorized; |  |                   |  |                  
|no shares issued and outstanding at December 31, 2015 and 2014   |  | -                 |  | -                
|Common stock; $0.0001 par value,                                 |  |                   |  |                  
|100,000,000 shares                                               |  | $
1,758           |  | $
1,718          
|authorized; 17,580,000 and 17,180,000 shares issued              |  |                   |  |                  
|and outstanding at December 31, 2015 and 2014.                   |  |                   |  |                  
|Additional paid - in capital                                     |  | 107,138           |  | 84,428           
|Accumulated Deficit                                              |  | (167,173)         |  | (86,839)         
|                                                                 |  |                   |  |                  
|Total stockholders' deficit                                      |  | $
(58,277)        |  | $
(693)          
|                                                                 |  |                   |  |                  
|Total liabilities and stockholders' deficit                      |  | $
1,400           |  | $
-              





The accompanying notes are an integral part of these financial statements



---



|                                |  |                   |  |                  
|------------------------------- |  | ----------------- |  | -----------------
|GOLDEN EDGE ENTERTAINMENT INC. 
|STATEMENTS OF OPERATIONS       
|                               
|                                |  |                   |  |                  
|                                |  | For the year      |  | For the year     
|                                |  | ended             |  | ended            
|                                |  | December 31, 2015 |  | December 31, 2014
|                                |  |                   |  |                  
|Revenue                         |  | $
-               |  | $
-              
|                                |  |                   |  |                  
|Cost of revenue                 |  | -                 |  | -                
|                                |  |                   |  |                  
|Gross profit                    |  | -                 |  | -                
|                                |  |                   |  |                  
|Operating expenses              |  | 72,997            |  | 11,454           
|                                |  |                   |  |                  
|Loss from operations            |  | (72,997)          |  | (11,454)         
|                                |  |                   |  |                  
|Other Income / (Expenses)       |  |                   |  |                  
|                                |  |                   |  |                  
|Derivative Expenses             |  | (4,072)           |  | -                
|Change in Derivative Liability  |  | 714               |  | -                
|Financing costs                 |  | (3,979)           |  | -                
|Total Other Income and Expenses |  | 7,337             |  | -                
|                                |  |                   |  |                  
|Loss before income taxes        |  | (80,334)          |  | (11,454)         
|                                |  |                   |  |                  
|Income tax                      |  | -                 |  | -                
|                                |  |                   |  |                  
|Net loss                        |  | $
(80,334)        |  | $
(11,454)       
|                                |  |                   |  |                  
|Loss per share                  |  |                   |  |                  
|basic and diluted               |  | $
(0.00)          |  | $
(0.00)         
|                                |  |                   |  |                  
|                                |  |                   |  |                  
|Weighted average number of      |  |                   |  |                  
|common shares outstanding       |  | 17,489,041        |  | 17,180,000       



The accompanying notes are an integral part of these financial statements



---



|                                                          |  |            |   |         |  |           |  |             |  |              
|--------------------------------------------------------- |  | ---------- | - | ------- |  | --------- |  | ----------- |  | -------------
|GOLDEN EDGE ENTERTAINMENT, INC.                          
|STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY             
|                                                          |  |            |   |         |  |           |  |             |  |              
|                                                          |  | Common     |   |         |  | Add'l     |  |             |  | Total        
|                                                          |  | Stock      |   |         |  | Paid-in   |  | Accum.      |  | Stockholders'
|                                                          |  | Shares     |   | Amount  |  | Capital   |  | Deficit     |  | Equity       
|                                                          |  |            |   |         |  |           |  |             |  |              
|Balance, December 31, 2013                                |  | 17,180,000 |   | $
1,718 |  | $
70,227  |  | $
(75,385)  |  | $
(3,440)    
|                                                          |  |            |   |         |  |           |  |             |  |              
|Forgiveness of debt                                       |  | -          | - | 14,201  |  | -         |  | 14,201     
|Net loss                                                  |  | -          |   | -       |  | -         |  | (11,454)    |  | (11,454)     
|Balance, December 31, 2014                                |  | 17,180,000 |   | $
1,718 |  | $
84,428  |  | $
(86,839)  |  | $
(693)      
|                                                          |  |            |   |         |  |           |  |             |  |              
|Proceeds received from Issuance Shares of Common Stock    |  | 400,000    |   | 40      |  | 19,960    |  | -           |  | 20,000       
|Beneficial Conversion Feature on Convertible Note Payable |  | -          | - | 2,750   |  | -         |  | 2,750      
|Net loss                                                  |  | -          | - | -       |  | (80,334)  |  | (80,334)   
|Balance, December 31, 2015                                |  | 17,580,000 |   | $
1,758 |  | $
107,138 |  | $
(167,173) |  | $
(58,277)   





The accompanying notes are an integral part of these financial statements



---





|                                               |  |                   |  |                  
|---------------------------------------------- |  | ----------------- |  | -----------------
|Golden Edge Entertainment, Inc.               
|STATEMENTS OF CASH FLOWS                      
|                                               |  |                   |  |                  
|                                               |  | For the year      |  | For the year     
|                                               |  | ended             |  | ended            
|                                               |  | December 31, 2015 |  | December 31, 2014
|OPERATING ACTIVITIES                           |  |                   |  |                  
|Net loss                                       |  | $
(80,334)        |  | $
(11,454)       
|Adjustment to reconcile net loss to cash       |  |                   |  |                  
|flows used in operating activities:            |  |                   |  |                  
|Common stock issued per court order            |  | -                 |  | -                
|Warrants issued per court order                |  | -                 |  | -                
|Amortization of debt discounts                 |  | 3,613             |  | -                
|Derivative expense                             |  | 4,072             |  | -                
|Change in value of derivative liability        |  | (714)             |  | -                
|Changes in operating assets and liabilities:   |  |                   |  |                  
|Accrued liabilities                            |  | 14,763            |  | 693              
|Net cash used in operating activities          |  | $
(58,600)        |  | $
(10,761)       
|                                               |  |                   |  |                  
|INVESTING ACTIVITIES                           |  |                   |  |                  
|Acquisition of fixed assets                    |  | (1,400)           |  | -                
|Net cash used in investing activities          |  | $
(1,400)         |  | $
-              
|                                               |  |                   |  |                  
|FINANCING ACTIVITIES                           |  |                   |  |                  
|Proceeds received for exercised warrants       |  | 40,000            |  | -                
|Proceeds received for convertible note payable |  | 20,000            |  | -                
|Forgiveness of debt                            |  | -                 |  | 14,201           
|Decrease in related party note payable         |  | -                 |  | (5,800)          
|Net cash provided by financing activities      |  | $
60,000          |  | $
8,401          
|                                               |  |                   |  |                  
|Net change in cash                             |  | $
-               |  | $
(2,360)        
|                                               |  |                   |  |                  
|Cash, beginning of year                        |  | $
-               |  | $
2,360          
|                                               |  |                   |  |                  
|Cash, end of year                              |  | $
-               |  | $
-              





The accompanying notes are an integral part of these financial statements







---

GOLDEN EDGE ENTERTAINMENT, INC.

Notes to Financial Statements

December 31, 2015



NOTE 1.  ORGANIZATION AND NATURE OF BUSINESS



Golden Edge Entertainment, Inc. (the Company or the Issuer) was organized under the name Retail Spicy Gourmet, Inc. under the laws of the State of Delaware on December 30, 2010. The name was changed to Golden Edge Entertainment, Inc. on February 26, 2013. The Company was established as part of the Chapter 11 reorganization of Spicy Gourmet Organics, Inc. (SGO). Under SGOs Plan of Reorganization, as confirmed by the U.S. Bankruptcy Court for the Central District of California, the Company was incorporated to: (1) receive and hold any interest which SGO had in the business of retail sales of imported spices; and (2) issue shares of its common stock to SGO's general unsecured creditors, to its administrative creditors, and to its shareholder.



On February 1, 2013 the Company resolved to enter the music production and distribution business. The Company intends to develop revenue by providing professional services to recording artists. Such services include production of recordings, management of the manufacture of CDs and internet uploading of music files, and management of the manufacture of promotional merchandise such as T-shirts and caps. As of December 31, 2015 had not yet realized any revenues from its planned operations. Activities have consisted primarily of formation, establishing relationships with studio owners, engineers, technicians, and manufacturers with whom the Company can contract for services, and administrative efforts related to registration under the 1934 Act.



NOTE 2.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES



Basis of presentation



The accompanying financial statements have been prepared in accordance with generally accepted accounting principles (GAAP) as promulgated in the United States of America. The Company is a development stage company as defined by section 915-10-20 of the FASB Accounting Standards Codification.  The Company is still devoting substantially all of its efforts to establishing the business and its planned principal operations have not commenced.  All losses accumulated since inception have been considered as part of the Company's development stage activities.



Estimates



The preparation of 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 and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.



Earnings per share



The Company computes net income (loss) per share in accordance with the FASB Accounting Standards Codification (ASC). The ASC 260 Earnings Per Share specifies the computation, presentation and disclosure requirements for earnings (loss) per share for entities with publicly held common stock.



Basic net earnings (loss) per share amounts are computed by dividing the net earnings (loss) by the weighted average number of common shares outstanding.  Common equivalent equity instruments such as 4,600,000 warrants were not included in the loss per share calculations because the inclusion would have been anti-dilutive. The 4,600,000 warrants were outstanding as of December 31, 2015.





Revenue recognition



The Company follows paragraph 605-10-S99-1 of the FASB Accounting Standards Codification for revenue recognition. The Company recognizes revenue when it is realized or realizable and earned. The Company considers revenue realized or realizable and earned when all of the following criteria are met: (i) persuasive evidence of an arrangement exists, (ii)



---

the product has been shipped or the services have been rendered to the customer, (iii) the sales price is fixed or determinable, and (iv) collectability is reasonably assured.



Cash and cash equivalent



Cash and cash equivalents include cash on hand and on deposit at banking institutions as well as all highly liquid short-term investments with original maturities of 90 days or less.



Concentration of Credit Risk



Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash and cash equivalents. The Company places its cash with high quality banking institutions. From time to time, the Company may maintain cash balances at certain institutions in excess of the Federal Deposit Insurance Corporation limit. The Company has not incurred any loss from this risk.



Property and Equipment



Property and equipment is stated at cost. Capital expenditures for improvements and upgrades to existing equipment are also capitalized. Maintenance and repairs are expensed as incurred. The equipment is depreciated over 10 years on a straight-line basis. Vehicles are depreciated over 5 years using the straight-line basis. Depreciation expense for the periods ended December 31, 2015 and 2014 was $10,925 and $13,240, respectively.





Fair Value of Financial Instruments



The Company follows guidance for accounting for fair value measurements of financial assets and financial liabilities and for fair value measurements of nonfinancial items that are recognized or disclosed at fair value in the financial statements on a recurring basis.  Additionally, the Company adopted guidance for fair value measurement related to nonfinancial items that are recognized and disclosed at fair value in the financial statements on a nonrecurring basis. The guidance establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to measurements involving significant unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are as follows:



Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date.



Level 2 inputs are inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly.



Level 3 inputs are unobservable inputs for the asset or liability.



The Company monitors the market conditions and evaluates the fair value hierarchy levels at least quarterly. For any transfers in and out of the levels of the fair value hierarchy, the Company elects to disclose the fair value measurement at the beginning of the reporting period during which the transfer occurred.



The Companys financial instruments consisted of cash, accounts payable and accrued liabilities, advances to stockholders, notes payable and convertible debt. The estimated fair value of cash, accounts payable and accrued liabilities, advances to stockholders, and notes payable approximates its carrying amount due to the short maturity of these instruments. The recognition of the derivative values of convertible debt are based on the weighted-average Black-Scholes option pricing model.



Derivative Financial Instruments



The Company evaluates all of its agreements to determine if such instruments have derivatives or contain features that qualify as embedded derivatives. For derivative financial instruments that are accounted for as liabilities, the derivative



---

instrument is initially recorded at its fair value and is then re-valued at each reporting date, with changes in the fair value reported in the statements of operations. For stock-based derivative financial instruments, the Company uses the Black-Scholes-Merton option pricing model to value the derivative instruments at inception and on subsequent valuation dates. The classification of derivative instruments, including whether such instruments should be recorded as liabilities or as equity, is evaluated at the end of each reporting period. Derivative instrument liabilities are classified in the balance sheet as current or non-current based on whether or not net-cash settlement of the derivative instrument could be required within 12 months of the balance sheet date. As of December 31, 2015, the Companys only derivative financial instrument was an embedded conversion feature associated with a convertible line of credit due to the conversion price being a percentage of the market price of the Companys stock at the date of conversion.



Stock based compensation



The Company records stock-based compensation in accordance with the ASC 718 Shares-Based Compensation FASB Accounting Standards Classification using the fair value method. All transactions in which goods or services are the consideration received for the issuance of equity instruments are accounted for based on the fair value of the consideration received or the fair value of the equity instrument issued, whichever is more reliably measurable. Equity instruments issued to employees and the cost of the services received as consideration are measured and recognized based on the fair value of the equity instruments issued.



Income taxes



Income taxes are provided in accordance with the ASC 740 Income Tax FASB Accounting Standards Classification. A deferred tax asset or liability is recorded for all temporary differences between financial and tax reporting and net operating loss carry forwards. Deferred tax expense (benefit) results from the net change during the year of deferred tax assets and liabilities. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment.



Recently adopted accounting standards



In August 2014, the FASB issued ASU No. 2014-15, Presentation of Financial Statements  Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entitys Ability to Continue as a Going Concern (ASU 2014-15). ASU 2014-15, which is effective for annual reporting periods ending after December 15, 2016, extends the responsibility for performing the going-concern assessment to management and contains guidance on how to perform a going-concern assessment and when going-concern disclosures would be required under U.S. GAAP. The Company elected to adopt ASU 2014-15 effective with this financial statement. Managements evaluations regarding the events and conditions that raise substantial doubt regarding the Companys ability to continue as a going concern have been disclosed in this Note 3- Going Concern.



In April 2015, FASB issued ASU No. 2015-03, (Subtopic 835-30):  Simplifying the Presentation of Debt Issuance Costs.  ASU No. 2015-03 provides guidance that will require debt issuance costs related to a recognized debt liability to be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability. ASU No. 2015-03 affects disclosures related to debt issuance costs but does not affect existing recognition and measurement guidance for these items.  ASU No. 2015-03 is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2015.  The adoption of this guidance is not expected to have a material impact on the Companys results of operations, financial position or disclosures.



NOTE 3. GOING CONCERN



The Company sustained an accumulated deficit as of December 31, 2015 in the amount of $167,173($86,839 - December 31, 2014). The Companys continuation as a going concern is dependent on its ability to generate sufficient cash flows from operations to meet its obligations and/or obtain additional financing, as may be required.



The accompanying unaudited financial statements have been prepared assuming that the Company will continue as a going concern; however, the above condition raises substantial doubt about the Companys ability to do so. The financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of



---

assets or the amounts and classifications of liabilities that may result should the Company be unable to continue as a going concern. The officers and directors have committed to advancing certain operating costs of the Company.



NOTE 4. CONVERTIBLE NOTES PAYABLE



The Company received on July 27, 2015, a total of $10,000 by issuance of one convertible note for $10,000. The convertible note is to pay to the order of the holder the sum of the promissory note at the time and in the manner provided. This convertible promissory note bear interest from the date of issuance at the rate of 8% per annum. This note is payable one year from the date of issuance. It is convertible any time at a fixed price of $0.40 per share. Commencing on the demand date, all principal and accrued interest shall be payable by the Company upon demand by the investor.



On September 9, 2015, the Company issued a convertible line of credit to an investor that provides for a maximum borrowing of $50,000.  During the year ended December 31, 2015, the Company borrowed $10,000 under this convertible line of credit. The convertible line of credit (i) is unsecured, (ii) bears interest at the rate of 8% per annum, and (iii) is due on September 9, 2016.  The outstanding balance of under this convertible line of credit is convertible at any time at the option of the investor into shares of the Companys common stock that is determined by dividing the amount to be converted by 60% of the bid price on the day of conversion.



Due to the variable conversion price associated with this convertible line of credit, the Company has determined that the conversion feature is considered derivative liabilities.  The embedded conversion feature at the date of each draw was calculated to be $14,072, which is recorded as a derivative liability as of the date of issuance. The derivative liability was first recorded as a debt discount up to the face amount of the draws on convertible line of credit of $10,000 with the remaining $4,072 begin charge as a financing cost during the year ended December 31, 2015.  The debt discount is being amortized over the term of the convertible line of credit.



The Company recognized additional interest expense of $3,613 during the year ended December 31, 2015 related to the amortization of the debt discount.





NOTE 5. DERIVATIVE LIABILITY

The convertible line of credit discussed in Note 5 has a variable conversion price which results in the conversion feature being recorded as a derivative liability.



The fair value of the derivative liability is recorded and shown separately under current liabilities. Changes in the fair value of the derivative liability is recorded in the statement of operations under other income (expense).





The Company uses the Black-Scholes-Merton option pricing model with the following assumptions to measure the fair value of derivative liability at December 31, 2015:



|                           |  |        
|-------------------------- |  | -------
|Stock price                |  | $
0.21 
|Risk free rate             |  | 0.61%  
|Volatility                 |  | 270%   
|Conversion/ Exercise price |  | $
0.276
|Dividend rate              |  | 0%     
|Term (years)               |  | 0.95   























---





The following table represents the Companys derivative liability activity for the period ended December 31, 2015:



|                                                                         |        |       
|------------------------------------------------------------------------ | ------ | ------
|                                                                         | Amount
|                                                                         |        |       
|Derivative liability balance, December 31, 2014                          | $      | -     
|Issuance of derivative liability during the year ended December 31, 2015 |        | 14,072
|Change in derivative liability during the year ended December 31, 2015   |        | 714   
|Derivative liability balance, December 31, 2015                          | $      | 13,358





NOTE 6. STOCKHOLDERS' EQUITY COMMON STOCK



The authorized share capital of the Company consists of 100,000,000 shares of common stock with $0.0001 par value, and 20,000,000 shares of preferred stock also with $0.0001 par value. No other classes of stock are authorized.



COMMON STOCK:  As of December 31, 2015, there were a total of 17,580,000 common shares issued and outstanding.



The Companys first issuance of common stock, totalling 1,180,000 shares, took place on December 30, 2010 pursuant to the Chapter 11 Plan of Reorganization confirmed by the U.S. Bankruptcy Court in the matter of Spicy Gourmet Organics, Inc. (SGO). The Court ordered the distribution of shares in Retail Spicy Gourmet, Inc. to all general unsecured creditors of SGO, with these creditors to receive their pro rata share (according to amount of debt held) of a pool of 80,000 shares in the Company. The Court also ordered the distribution of 100,000 shares in the Company to the shareholders of SGO. The Court also ordered the distribution of 1,000,000 shares and 5,000,000 warrants in the Company to the administrative creditors of SGO, with these creditors to receive one share of common stock and five warrants in the Company for each $0.05 of SGOs administrative debt which they held. The warrants consisted of 1,000,000 A Warrants each convertible into one share of common stock at an exercise price of $3.00; 1,000,000 B Warrants each convertible into one share of common stock at an exercise price of $4.00; 1,000,000 C Warrants each convertible into one share of common stock at an exercise price of $5.00; 1,000,000 D Warrants each convertible into one share of common stock at an exercise price of $6.00; and 1,000,000 E Warrants each convertible into one share of common stock at an exercise price of $7.00. All warrants are exercisable at any time prior to November 19, 2015.

·

On March 24, 2015 the Company issued a total of 400,000 common shares for the exercise of 400,000 warrants for a value of $0.05 per common share or a total 0f $20,000.

·

In the last quarter of 2015, a warrant conversion was exercised at $ 0.05 for 400,000 shares. The shares have been converted but have yet to be issued yet by the transfer agent at December 31, 2015.



As a result of these issuances there were a total 17,580,000 common shares issued and outstanding, and a total of 4,600,000 warrants to acquire common shares (at $0.05) issued and outstanding, at December 31, 2015. PREFERRED STOCK:  The authorized share capital of the Company includes 20,000,000 shares of preferred stock with $0.0001 par value. As of December 31, 2015 no shares of preferred stock had been issued and no shares of preferred stock were outstanding.



NOTE 7 - EARNINGS PER SHARE



The computation of earnings (loss) per share for the year ended December 31, 2015 as follow:



For the year ended December 31, 2015, the net loss available to common shareholders is $80,334 ($11,454  December 31, 2014). The weighted average number of common shares is 17,489,041(17,180,000  December 31, 2014) for a basic loss per share of $ 0.00 ($ 0.00  December 31, 2014).





NOTE 8. INCOME TAXES





---

As a result of the implementation of certain provisions of ASC 740, Income Taxes, (formerly FIN 48, Accounting for Uncertainty in Income Taxes  An Interpretation of FASB Statement No. 109), (ASC 740), which clarifies the accounting and disclosure for uncertainty in tax positions, as defined. ASC 740 seeks to reduce the diversity in practice associated with certain aspects of the recognition and measurement related to accounting for income taxes.



In 2010, the Company adopted Accounting for Uncertain Income Taxes under the provisions of ASC 740. ASC 740 clarifies the accounting for income taxes by prescribing a minimum recognition threshold a tax position is required to meet before being recognized in the financial statements. It also provides guidance on derecognition, measurement, classification, interest and penalties, accounting in interim periods, disclosure and transition. The Company did not recognize any additional liability for unrecognized tax benefits as a result of the adoption of ASC 740. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Valuation allowances are established when it is more likely than not that some or all of the deferred tax assets will not be realized. There was no temporary differences which give rise to deferred tax asset nor liability during the year ended December 31, 2015.



We believe that our income tax filing positions and deductions will be sustained on audit and do not anticipate any adjustments that will result in a material change to our financial position. Therefore, no reserves for uncertain income tax positions have been recorded pursuant to ASC 740. In addition, we did not record a cumulative effect adjustment related to the adoption of ASC 740. Our policy for recording interest and penalties associated with income-based tax audits is to record such items as a component of income taxes.



Our tax provision determined using an estimate of our annual effective tax rate using enacted tax rates expected to apply to taxable income in the years in which they are earned, adjusted for discrete items, if any, that are taken into account in the relevant period. Each quarter we update our estimate of the annual effective tax rate, and if our estimated tax rate changes, we make a cumulative adjustment. There was no income tax payable as of  December 31, 2015 and 2014, respectively.



NOTE 9. RELATED PARTY TRANSACTIONS



During the year ended December 31, 2014, an officer and director advanced $8,401 in multiple transactions to cover various expenses. The entire outstanding balance of related party liabilities was forgiven as of December 31, 2014.



The Company neither owns nor leases any real or personal property. The officers and directors for the Company are involved in other business activities and may, in the future, become involved in other business opportunities. If a specific business opportunity becomes available, such persons may face a conflict in selecting between the Company and their other business interests. The Company has not formulated a policy for the resolution of such conflicts.



NOTE 10. WARRANTS



On December 30, 2010 (inception), the Company issued 5,000,000 warrants exercisable into 5,000,000 shares of the Companys common stock. These warrants were issued per order of the U.S. Bankruptcy Court in the matter of Spicy Gourmet Organics, Inc. (SGO) to the administrative creditors of SGO. These creditors received an aggregate of 5,000,000 warrants consisting of 1,000,000  A Warrants  each convertible into one share of common stock at an exercise price of $3.00; 1,000,000  B Warrants  each convertible into one share of common stock at an exercise price of $4.00; 1,000,000  C Warrants  each convertible into one share of common stock at an exercise price of $5.00; 1,000,000  D Warrants  each convertible into one share of common stock at an exercise price of $6.00; and 1,000,000  E Warrants  each convertible into one share of common stock at an exercise price of $7.00. All warrants are exercisable at any time prior to November 19, 2015. The gross value of $53,678 (or approximately $0.0107356 per warrant) were assigned to the warrants. As of the date of this report, 400,000 warrants have been exercised at $0.05. There is 4,600,000 warrants outstanding as of the date of this report at $0.05.



NOTE 11. SUBSEQUENT EVENTS



There are no subsequent events at the date of this report.







---