U.S. UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-K

10-K/A

Amendment No. 1

 (Mark One)

For Fiscal Year Ended: the fiscal year ended March 31, 20132015

o TRANSITION REPORT UNDER SECTION 13 OR 15 (d) OF THE EXCHANGE ACT

For the transition period from ________________________ to ________________________

Commission file number:  File Number: 333-174759

EMS FIND, INC.

(Name of Small Business Issuer in its charter)

Issuer's telephone number:  

10745 Haldeman Avenue

(306) 2283262Philadelphia, Pennsylvania 19116

(Address of principal executive offices)

(215) 677-0200

Issuer’s telephone number

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

Securities registered under Section 12(g) of the Exchange Act: NoneCommon Stock, $0.001 par value

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

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 o     No xþ

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.  Yesxþ    No o

Indicate by checkmarkcheck mark whether the registrant has submitted electronically and posted on its corporate Website,Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).  Yesxþ    No o

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 registrant'sregistrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. o

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.  See the definitionsdefinition of “large“large accelerated filer” “accelerated filer,” “non-accelerated

1

filer,” and “smaller“accelerated filer” and “smaller reporting company”company” in Rule 12b-2 of the Exchange Act.  (Check one):

Large Accelerated Fileraccelerated filer o

Accelerated Filerfiler o

Non-Accelerated Filer         Non-accelerated filer o

Smaller reporting companyxþ

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

Yes x    Noo    No þ

As of September 30, 2012, there were 3,800,000

Aggregate market value of the registrant's commonvoting and non-voting stock par value $0.001, issued and outstanding.  Of those, 800,000 shares areof the registrant held by non-affiliates of the registrant.  There is no current market valueregistrant as of the Company’slast business day of the registrant’s most recently completed second fiscal quarter:  $0.00.

As of July 13, 2015 the registrant’s outstanding stock consisted of 28,364,535 common stocks asshares.

EXPLANATORY NOTE

The sole purpose of this Amendment to the Company’s stockRegistrant’s Annual Report on Form 10-K/A for the year ended March 31, 2015 (the “10-K”), is to furnish the Interactive Data File exhibits required by Item 601(b)(101) of Regulation S-K. No other changes have been made to the 10-K/A, and this Amendment has not been quoted onupdated to reflect events occurring subsequent to the OTCBB or any exchange.filing of the 10-K/A.

DOCUMENTS INCORPORATED BY REFERENCE

EMS FIND, INC.

If the following documents are incorporated by reference, briefly describe them and identify the partTable of the Form 10-K (e.g., Part I, Part II, etc.) into which the document is incorporated:  (1) any annual report to security holders; (2) any proxy or information statement; and (3) any prospectus filed pursuant to Rule 424(b) or (c) of the Securities Act of 1933, as amended (“Securities Act”).
Not Applicable.  Contents

2

TABLE OF CONTENTS

Item Number and Caption

Page

Cautionary statements regarding forward-looking information

5

ITEM 1.  DESCRIPTION OF BUSINESS

5

ITEM 1A. RISK FACTORS.

7

ITEM 1B.

UNRESOLVED STAFF COMMENTS.

7

ITEM 2.

PROPERTIES.

8

ITEM 3.

LEGAL PROCEEDINGS.

8

ITEM 4.

MINE SAFETY DISCLOSURES

8

PART II

9

ITEM 5.

MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES.  9

ITEM 6.

ISELECTED FINANCIAL DATA.

9

ITEM 7.

MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.  9

ITEM 8

FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.

12

NOTE 2-

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

19

ITEM 9.

CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE  25

ITEM 9A.

CONTROLS AND PROCEDURES

25

ITEM 9B.

OTHER INFORMATION

26

PART III

26

ITEM 10.

DIRECTORS, EXECUTIVE OFFICERS, AND CORPORATE GOVERNANCE

26

ITEM 11.

EXECUTIVE COMPENSATION

28

ITEM 12.

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS  29

ITEM 13.

CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE  29

ITEM 14.

PRINCIPAL ACCOUNTANT FEES AND SERVICES

30

PART IV

31

ITEM 15.

EXHIBITS AND FINANCIAL STATEMENT SCHEDULES

31

SIGNATURES

32

3

CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING INFORMATION

Except for historical information, this report contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.  Such forward-looking statements involve risks and uncertainties, including, among other things, statements regarding our business strategy, future revenues and anticipated costs and expenses.  Such forward-looking statements include, among others, those statements including the words “expects,” “anticipates,” “intends,” “believes” and similar language.  Our actual results may differ significantly from those projected in the forward-looking statements.  Factors that might cause or contribute to such differences include, but are not limited to, those discussed herein as well as in the “Description of Business – Risk Factors” section in our Form S-1/A, as filed on September 9, 2011.  You should carefully review the risks described in our S-1/A and in other documents we file from time to time with the Securities and Exchange Commission.  You are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date of this report.  We undertake no obligation to publicly release any revisions to the forward-looking statements or reflect events or circumstances after the date of this document.

Although we believe that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks and uncertainties that could cause actual results to differ materially from such forward-looking statements.

All references in this Form 10-Q to the “Company,” “Lightcollar,” “we,” “us,” or “our” are to Lightcollar, Inc.

ITEM

Item 1.  DESCRIPTION OF BUSINESS

Description of Business

Lightcollar,Forward-looking Statements

This annual report contains forward-looking statements.  These statements relate to future events or our future financial performance.  In some cases, you can identify forward-looking statements by terminology such as "may", "will", "should", "expects", "plans", "anticipates", "believes", "estimates", "predicts", "potential" or "continue" or the negative of these terms or other comparable terminology.  These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.

Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements.  Except as required by applicable laws, including the securities laws of the United States, we do not intend to update any of the forward-looking statements so as to conform these statements to actual results.

As used in this annual report, the terms "we", "us", "our", “the Company”, and "EMS" mean EMS Find, Inc. is a, unless otherwise indicated.

All dollar amounts refer to US dollars unless otherwise indicated.

General

We were incorporated in the State of Nevada corporation formed on March 22, 2011.  The Company’s2013 under the name Lightcollar, Inc.  On March 22, 2015, we changed our name to EMS Find, Inc.  On March 31, 2015, we entered into a Share Exchange Agreement with EMS Factory, Inc., a Pennsylvania corporation (“EMS Factory”) and the sole shareholder of EMS Factory.  Pursuant to the Share Exchange Agreement, EMS Factory became our wholly-owned subsidiary and we acquired the business isand operations of EMS Factory.  

EMS Find, Inc. develops and markets B2B & B2C on-demand mobile platform, designed to develop, marketconnect health care providers and sell illuminated animal collar pendants forconsumers to a network of medical transport companies throughout the United States (“and Canada.  EMS’s solution facilitates, speeds up and connects health care providers and the public with ambulance providers for the benefit of the patients.  The platform enables users (hospitals, medical offices, dialysis centers, nursing homes, home care agencies and other medical providers) and the public to schedule medical transportation in a timely and efficient way based on the type of medical transportation which best fits each patient's needs.  The EMS Find app will work on any smart device including smart phones, tablets or laptops.  iOS, android and desktop versions and will allow users to connect in real time to local and nearby pre-screened medical transportation companies wherever the medical transports are needed and fit the medical, logistical and financial criteria.  

3

Market Information

Ambulances help rescue injured or medically ill patients by transporting them to medical treatment centers.  The global ambulance services market based on the mode of transport has been segmented as: ground ambulance services, air ambulance services and water ambulance services.  On the basis of emergency type, the global market has been segmented as: emergency ambulance services and non-emergency ambulance services.  Based on the type of equipment equipped in the ambulance, the market has been segmented as: advance life support (ALS) ambulance services and basic life support (BLS) ambulance services.

Ambulance services enable transportation of injured or medically ill patients to hospitals for treatment.  This service is provided with the help of health care professionals and medical equipment installed in the ambulance.  Major factors driving the growth of the ambulance services market are the rising geriatric population across the world and increasing number of accidents.  Favorable reimbursement scenario for availing ambulance service is further boosting market growth.

Ambulance services, emergency and non-emergency, are provided to patients based on the medical condition and emergency of transportation.  Growth in the emergency ambulance services segment is primarily driven by rising geriatric population coupled with improving reimbursement scenario for availing emergency ambulance services.

Ambulances are equipped with various medical equipment, to cater to the need of patients by providing first-line treatment.  Based on the type of equipment installed in ambulances, the ambulance services market is segmented into advanced life support (ALS) ambulance services and basic life support (BLS) ambulance services.  Rising incidences of various cardiovascular diseases would drive the demand for ALS ambulance services.  Moreover, increasing number of emergency cases would also fuel market growth.

Ambulance service providers offer patients transport to-and-from medical centers with adequate medical services such as monitoring of health condition and administration of drugs.  Increasing demand for various medical services such as surgeries and diagnostics has necessitated hospital visits by patients.  This in turn has generated a need for transportation via ambulances.

Increasing adoption rate of personal and commercial vehicles by people for various purposes is resulting in higher number of accidents.  Accidents create a need for immediate hospital visit for medical treatment; hence, patients require ambulance services for transportation to-and-from hospitals.  Also, consumption of alcohol while driving increases the risk of accidents.  Thus, rising number of accidents would increase the uptake of ambulance services.  According to the journal of Orthopedics, Traumatology and Rehabilitation, published by Wolters Kluwer Health, around 1.3 million people lose their lives annually due to road accidents, and nearly 20 million to 50 million people suffer non-fatal injuries causing disabilities post-injuries.  According to the U.S.” Census Bureau, around 10.8 million road accidents occurred in 2009 across the world compared to 10.2 million in 2008.

Chronic diseases persist in patients for a long time (six months and more).  Cancer and diabetes are some of the examples of chronic diseases that increase the need for regular health checkup.  Patients avail ambulance services for transport to hospitals for regular health checks.  This increases the demand for ambulance services.  It has been opined by health care professionals that cancer is one of the leading causes of death worldwide, and accounts for around 13% of the global deaths annually.  According to the World Health Organization (WHO), the total number of cancer deaths is expected to increase by 45% from 2007 to 2030.  According to the National Cancer Institute (NCI), about 580,350 Americans died due to cancer in 2013.  Hence, increasing number of patients suffering from cancer would fuel the growth of the ambulance services market.

4

Moreover, the World Diabetes Foundation (WDF) has estimated that approximately 285 million people above 65 years were diagnosed with diabetes in 2010 and this number is expected to reach 438 million by 2030.  In addition, the National Diabetic Fact Sheet of the U.S., which was released in January 2013, stated that every year around 25.8 million children and adults are diagnosed with diabetes, which accounts for nearly 8.3% of the total U.S. population.  Thus, rising number of kidney failures, diabetes, cancer and other chronic disease patients would increase the demand for ambulance services, thereby driving the growth of the market.

The ambulance services market by equipment is segmented into basic life support (BLS) and advanced life support (ALS).  Basic life support (BLS) ambulance or advanced life support (ALS) ambulance are provided to patients depending on their medical requirements.  Favorable reimbursement policies and rising demand for ALS ambulance services coupled with increasing number of emergency cases across the globe are likely to drive the growth of the ALS ambulance services market.

A basic life support (BLS) ambulance provides patients with basic medical equipment and services.  A BLS ambulance is equipped with medical devices such as automatic external defibrillator oxygen delivery devices, pulse oximetry and blood pressure monitoring equipment.  Medical services are provided by emergency medical practitioners and partially-trained personnel in a BLS ambulance.  BLS ambulance services are usually provided to patients with complex fractures, medical or surgical patients, discharge for home or some sub-acute care facilities and psychiatrist patients.  The growth is attributed to rising incidences of fractures (complex and other) due to road accidents.

The increased number of accidents augmented the demand for BLS ambulance services in the U.S. Increasing number of surgeries and hospital discharges would fuel the growth of the market as BLS ambulance services would be needed to transport patients from hospital to home and vice versa.  Patients who have undergone surgery and do not require medical monitoring are advised to make use of BLS.

Ambulance services are provided to a patient based on the critical nature of his/hers medical condition, which may include emergency ambulance services or non-emergency services.  Growth in this segment is mainly driven by increasing number of emergency cases.

The non-emergency ambulance services segment is expected to grow moderately during the forecast period.  Increasing number of hospitals globally would augment the demand for non-emergency ambulance services.

Patients seeking immediate medical help are provided with emergency ambulance services as their critical medical condition demands medical treatment at an initial stage (before reaching to hospital).  Emergency ambulances are incorporated with emergency siren and lights that enable the vehicle to avoid traffic and reach quickly at the hospital.  Emergency ambulances are generally equipped with advanced life support systems and are provided with medical professionals who are able to provide first-line treatment including drug administration and monitoring.

Also, the Centers for Disease Control and Prevention (CDC) estimated that around 129.8 million emergency visits were reported in the U.S. alone in 2013.  This increasing number of emergency visits to hospitals would increase the demand for emergency ambulance services, and in turn augment market growth.

The projected increase in a disposable income will enhance the affordability for availing ambulance services and in turn accentuate the growth of the market.  Elderly people are susceptible to various medical conditions such as infection and cardiac disorders, which increases hospital visits and in turn drives the demand for ambulance services.  In addition, increasing geriatric population in North America would support the growth of the ambulance services market.

5

EmsFind's Platforms

EMS Find - Business (B2C)

This platform connects health care providers (social workers, caregivers, ER nurses, case managers, discharge nurses, etc.) located or affiliated with health care facilities (hospital, nursing home, home care agency, dialysis center, cancer treatment center, hospice, pr center, etc.) and Canadian marketplace.public (patient, friends, family) with pre-screened, nearby transportation providers to schedule non-emergent transport (ALS, BLS, Wheelchair) in timely and efficient manner.  Upon acceptance of job, transportation company automatically pays EMS Find $5-$10 per trip via credit card.  Patients without insurance coverage will have an access to discounted rate (paid via credit card or cash and collected by transportation company), pre-negotiated for their benefit.  Each accepted trip, will result in generation of significant revenue of $250-$1400 (ALS/BLS Ambulance Transport) and $50-95 (Wheelchair Transport) to the medical transportation company.  All billing is done by transportation provider.  Each Requestor can submit a request, cancel and track (real time) each trip by accessing Job Screen.  In addition, transportation provider can log in and access Job Screen to see which jobs are still available to accept, as well cancel or refer/forward job once it was accepted.

EMS Find - Enterprise (B2B)

This platform is developed to assist health care facilities and contracted transportation providers to schedule medical transports.  Platform is very similar in functionality to EMS Find Business.  There are no fees per trip. Revenue model is based on monthly fee, paid by transportation provider.

EMS Data Marketing

Under HIPPA regulations, we will able to market to health care organization, particularly medical/life insurance plans, regional/national ems organizations, drug manufacturers, home care equipment manufacturers and distributors and use this information for marketing purposes.

Trademark and Patents

We aredo not have a developmental stage company.  We have had no operating revenues andtrademark registered at this time.  However, we have minimal assets.  retained a law firm who is in the process of filing a provisional patent for our on-demand medical transport platform.

Government Regulation

We have never declared bankruptcy, been in receivership, or involvedwill be required to comply with all regulations, rules and directives of governmental authorities and agencies applicable to our industry in any legal action or proceedings.  Since incorporating,jurisdiction which we have not made any significant purchases or sales of assets, nor have we been involved in any mergers, acquisitions or consolidations.  None of Lightcollar, its sole officer, sole director, or any affiliates thereof, has had preliminary contact or discussions with, nor do we have any present plans, proposals, arrangements or understandings with any representatives of the owners of any business or company regarding the possibility of an acquisition, merger or other business combination.would conduct activities.

Lightcollar is building a business as a developer, marketer and retailer of illuminated pet collar pendants.  What we are referring to as a pendant will include a water-proof haul, battery, light source, illuminating lens, switch and latch.US Regulations

Our business plan requires usoperations are or will be subject to build a working relationship with an already established computer numerical control (“CNC”) production machining company.  CNC machining isvarious types of regulation at the preferred method for manufacturing small precision devices.  Although we have not identified a U.S. or Canadian manufacturer or supplier of these products, we have identified companies that already produce these products in China.  To date our discussions have been limited to inquiring about purchasing processesfederal, state and requirements and requesting a particular manufacturer in China to provide the Company with a preliminary design of a proposed pendant.  We intend to work with our eventual manufacturer to jointly design the pendant(s) we intend to sell.  Alternatively, if we cannot locate a manufacturer that can help us design our product(s)

4local levels.

thenWe do not believe that government regulations will have a material impact on the way we may choose a manufacturer that has already designed pendants.  The Company’s sole officer and director is actively working on this project and expects to secure a producer/supplier, develop its website, create promotional materials, and introduce the Lightcollar brand as soon as possible.conduct business.

Lightcollar does not currently have an agreement with a manufacturer to supply its product nor has a design been finalized.  However, our plan is to have the product machinedResearch and assembled at the same location: typically products machined and assembled at the same location require no final fittings.  The Company’s goal is to enter into formal discussions with a product supplier as soon as possible.  If the Company ultimately chooses a supplier based in Asia we will have to monitor the manufacturing process from our headquarters office in Canada, arrange to have the pendants transferred from the manufacturing facility to a shipping port and then shipped to our location in Canada before we can fulfill orders from our customers.

Lightcollar’s business plan calls for a website containing a catalogue, specifications and other information to inform potential customers, regarding our product(s).  Customers will order pendants through our website.  We will ship our pendants directly to our customers.  The cost of shipping will be paid by the customers at the time they order and pay for the pendant(s) via our website.

Although Lightcollar intends to sell its product(s) primarily through its website, the Company’s business plan also contemplates Company representatives attending tradeshows and marketing its product(s) to small retailers at such tradeshows.  The Company’s marketing plan entails locating customers and marketing its website by advertising through various mediums including; newspapers, magazines, radio, television, and affiliate website promoting (i.e. banner advertising and member/group email promoting).  We also intend to market the website, when operational, (and our product(s)) through as many free sources as possible such-as; online classifieds, online pet-care forums, and pet related newsgroups.

Pet fashion/safety products are a niche product.  Potential customers are typically individuals with a specialized preference or interest in the product.  Lightcollar intends to compete in the marketplace in the U.S. and Canada based on reputation, product quality, ease of shopping experience and price.  Since we do not currently have a reputation, we intend to associate ourselves with a reputable product supplier.  By associating with a reputable product supplier, Lightcollar will endeavor to provide quality products created by one or more firms with a proven record of producing quality products.  In so far as price is concerned, Lightcollar plans to provide a product at a price that is competitive with any similar products sold and or produced domestically.

Competition

Our research has identified several companies currently manufacturing and/or supplying an illuminated pendant for pets in Asia and also now in North America.  

According to the 2011-2012 (the most recent year for which such statistics are available) American Pet Products Association (“APPA”) National Pet Owners Survey; 62% of U.S. households own a pet, which equates to 72.9 million homes.  Since 1994 the Total U.S. Pet Industry Expenditures has increased at an average rate of $2.6 billion per year and is estimated to be $50.84 billion in 2011.  Although our products can be used on a variety of animals other than dogs; 78.2 million of the pets owned in the United States are dogs.  Although statistics could not be found for pet safety/fashion; according to the 2011-2012 APPA National Pet Owners Survey, dog owners spend $186 annually on grooming, treats, and toys, which totals over $14 billion annually.Development

We have not obtainedspent any empirical evidence detailingamounts on research and development activities during the competitive market in the U.S. and Canada for an illuminated pet pendant, and we cannot determine competitive factors with any degree of certainty.  

year ended March 31, 2015.  We plan on working with a supplier who already manufactures these and/or similar products.  We do not at this time have any agreements or contracts with a supplier or company that provides such products.

Although there are now several companies in North America offering an illuminates pet collar pendant, we believe Lightcollar can be among the initial handful of companies to introduce such products into our target market areas.  Although we have discovered that Americans do spend over $14 billion annually on toys, treats, and grooming; there is no guarantee that Lightcollar will be able to compete effectively with an unproven product and no definite understanding of the competitive factors.  

There are no immediate or imminent threats to the supply or prices of related materials due to shortages or other factorsanticipate that we are aware of at this time.  To our knowledge, at this time there are no government regulations, in the United States or Canada, that would prohibit or negatively affect Lightcollar from importing or exporting our product(s) into or out of those countries.  To our knowledge, at this time there are no import/export regulations or controls imposed bywill not incur any of the potential countries, from which our product(s) could originate, that would prevent us from obtaining our product(s) or shipping our products to the U.S. or Canada.  

The Company currently has no employeesexpenses on research and has no plans to hire any employees during the next twelve (12) months of operation.  For at leastdevelopment over the next 12 months,months.  Our planned expenditures on our operations or a business combination are summarized under the section of this annual report entitled “Management’s Discussion and Analysis of Financial Position and Results of Operations”.

Employees and Employment Agreements

At present, we have no employees other than the Company’sour sole officer and director, Lightcollar intendswho devotes approximately 40 hours a week to use contracted servicesour business.  We presently do not have pension, health, annuity, insurance, stock options, profit sharing or similar benefit plans; however, we may adopt such plans in the future.  There are presently no personal benefits available to conduct all aspects of its business.any officers, directors or employees.

Research and Development

As we build out our organization, we intend to incorporate a business development component that will be responsible for researching opportunities for growth; such as marketing our product abroad and expanding our shipping and distribution to Europe, and other parts of the world.  Our intended market for at least the next12 months of operations is the U.S. and Canada.

Reports to Security Holders

The Company files reports, including quarterly and annual reports, with the Commission pursuant to Section 12(b) or (g) of the Exchange Act.  These reports and any other materials filed with the SEC may be read and copied at the SEC's Public Reference Room at 100 F Street NE, Washington, D.C. 20549.  Information on the operation of the Public Reference Room may be obtained by calling the SEC at 1-800-SEC-0330.  The Company files its reports electronically with the SEC.  The SEC maintains an Internet site that contains reports, proxy and information statements, and other information regarding issuers that file electronically with the SEC.  The address of that website is http://www.sec.gov.

ITEMItem 1A.  RISK FACTORS.Risk Factors

Not applicable to smaller reporting companies.

Not Applicable.

ITEM 1B.

UNRESOLVED STAFF COMMENTS.

Not Applicable.

ITEMItem 2.

PROPERTIES.  Description of Property

We do not currently own any property or leasereal estate of any real property.kind.  Our personal property is limited to cash, our business plan and our domain name “lightcollar.com”.  We conduct our administrative affairs from our President’s officeoffices are located at 3^rd10745 Haldeman Avenue, West, Unity, Saskatchewan, S0K 4L0, at no cost to the CompanyPhiladelphia, Pennsylvania 19116.  Our telephone number is (215) 677-0200.

ITEM 3.

LEGAL PROCEEDINGS.

Item 3.  Legal Proceedings

In the ordinary course of our business, we may from time to time become subject to routine litigation or administrative proceedings that are incidental to our business.  We are not a party to nor are we awarecurrently unaware of any existing,legal matters pending or threatened lawsuits or other legal actions involvingagainst us.

ITEM 4.

MINE SAFETY DISCLOSURES

Not applicable.

Item 4.  Mine Safety Disclosures

Not applicable.

PART II

ITEMItem 5.  Market for Common Equity, Related Stockholder Matters and Small Business Issuer Purchases of Equity Securities

MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES.

Market Information

Market Information

On May 29, 2013, the Company was assigned the ticker symbol LCLL andThere is tradeda limited public market for our common shares.  Our shares of common stock are listed on the OTC Bulletin Board.  However, asOTCQB Board under the symbol EMSF.  No shares of the dateour common stock have traded during our two most recent fiscal years.

Number of this report, no trading market has developed.Holders

As of June 15, 2013, we had 37 stockholdersMarch 31, 2015, the 28,334,535 issued and outstanding shares of recordcommon stock were held by a total of our common stock.27 shareholders of record.

Dividends

No cash dividends were paid on our shares of common stock during the fiscal years ended March 31, 2015 and 2014.  We have never declarednot paid any cash dividends with respect tosince our common stock.  Future payment of dividends is within the discretion of our board of directorsinception and will depend on our earnings, capital requirements, financial condition and other relevant factors.  Although there are no material restrictions limiting, or that are likely to limit, our ability to paydo not foresee declaring any dividends on our common stock we presently intend to retain future earnings, if any, for use in our business and have no present intention to pay cash dividends on our common stock.the foreseeable future.

Recent Sales of Unregistered Securities

During the fiscal year ended March 31, 2013, we did not issue any securities that were not registered under theNone.

Purchase of our Equity Securities Act of 1933.by Officers and Directors

None.

Other Stockholder Matters

None.

ITEM

Item 6.  Selected Financial Data

SELECTED FINANCIAL DATA.

Not applicable to smaller reporting companies.

Not applicable.

8

ITEMItem 7.

MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.

 Management's Discussion and Analysis of Financial Condition and Results of Operations

We have limited active operationsYou should read the following discussion and have generated no operating revenues to date.  We incurred operating expensesanalysis in conjunction with our financial statements, including the notes thereto, included in this Report.  Some of $34,074 for the year ended March 31, 2013, compared to $45,584 forinformation contained in this Report may contain forward-looking statements within the year ended March 31, 2012.  These expenses consistedmeaning of general operatingSection 27A of the Securities Exchange Act of 1933, as amended (the “Act”) and selling expenses in connection with the day to day operation of our business and professional fees for preparation and filing of our periodic filings with the Commission.

Our net loss for the year ended March 31, 2013, was $34,184, compared to $ $45,734 for the year ended March 31, 2012.

Cash provided by financing activities for the year ended March 31, 2013, was $38,841, compared to $23,248 for the year ended March 31, 2012.  We received our initial funding of $20,000 through the sale of common stock to our sole officer and director, Colin Mills.  Mr. Mills purchased 2,000,000 shares of our common stock at $0.01 per share on March 25, 2011, for $20,000.  We have received a total of $36,500 through the sale of our common stock under our Prospectus, dated September 15, 2011, and filed as part of our S-1 Registration Statement.  The offering under our Prospectus was closed on September November 19, 2012.

Capital and Liquidity

We had cash assets of $609 at March 31, 2013.  We have only common stock as our capital resource.  We will be reliant upon debt and/or additional equity financing to fund any future operations.  We have not secured any additional sources of debt and/or equity financings.

We are subject to the reporting requirementsSection 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”).  This information may involve known and we will incur ongoing expenses associated with professional fees for accounting, auditing, legalunknown risks, uncertainties and other expenses relatedfactors which may cause our actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by any forward-looking statements.  Forward-looking statements which involve assumptions and describe our future plans, strategies and expectations, are generally identifiable by the preparation and filinguse of our periodic reports and any current reports on Form 8-K proxy statements and/the words “may,” “will,” “should,” “expect,” “anticipate,” “estimate,” “believe,” “intend” or “project” or the negative of these words or other filings required withvariations on these words or comparable terminology.  These forward-looking statements are based on assumptions that may be incorrect, and there can be no assurance that the SECprojections included in these forward-looking statements will come to pass.  Our actual results could differ materially from those expressed or implied by the forward looking statements as a result of various factors.  We undertake no obligation to update publicly any forward-looking statements for any reason, even if new information becomes available or other regulatory bodies.  We estimate that these accounting, legal and other professional costs could range from $15,000 or more per year, and will be higher ifevents occur in the future.

In addition to our business volume and activity increases, but lowercurrent deficit, we expect to incur additional losses during the initial years of reporting because our overall business volume will be lower.

Long-Term Debt

At March 31, 2013, the Company had no long-term debt.  We may borrow money in the future to finance our future operations.  Any such borrowing will increase the risk of loss to the investor in the event we are unsuccessful in repaying such loans.

We may issue additional shares of our capital stock, in addition to those previously registered via Form S-1, to finance our future operations, although the Company does not currently contemplate doing so.  Any such future issuances will reduce the control of then existing shareholders and may result in substantial additional dilution to our then current shareholders.

Plan of Operation

We are a development stage enterprise with limited active operations.  We have had no operating revenues since inception, and have limited financial backing and assets.  

Our plan of operation is to market and sell, as an online retailer, an illuminated pet collar pendant in the U.S. and Canadian market.  We estimate that we need at least twenty five thousand dollars ($25,000) in capital for the next twelve months of operations.  This amount of capital will only allow us to put into operation a minimal amount of our business plan.

The Company will not commence sales of any pendants prior to: locating and securing a manufacturer; finalizing a product design; and developing a functional website capable of processing customer orders   Although we have not identified a U.S. or Canadian manufacturer or supplier of these products, we have identified companies that already produce these products in China.  To date, our discussions have been limited to inquiring as to order processes and requirements and requesting a particular manufacturer in China to provide the Company with a preliminary design of a proposed pendant.  We intend to work with our eventual manufacturer to jointly design the pendant(s) we intend to sell.  Alternatively, if we cannot locate a manufacturer that can help us design our product(s) then we may choose a manufacturer that has already designed pendants.  The Company’s President is actively working toward and by the end of calendar year 2013 plans to secure, a producer/supplier; complete (or choose) product design(s); and procure our initial inventory of product. .  With the exception of unit cost, shipping, brokerage and quantity purchasing, our discussions with manufacturers have not identified any additional financial requirements to acquire product to sell to our customers.  The Company expects to commit to an initial level of inventory cost of approximately $2,500 (inclusive of unit cost, shipping, brokerage and quantity purchasing).  

Once we have secured a producer/supplier, and upon the receipt of our initial supply of inventory, we can start preparing our website and promotional materials.  Photographing the pendants for promotional use will not be a cost to the company.  The Company’s President has the photography equipment and

software necessary for the creation of digital images and as such photographing the products for inclusion on our website and in our other promotional materials will not result in a cost to the Company.  The Company’s President will design the layout of our promotional materials at no cost to the Company.  Lightcollar intends to initially keep the paper printing of its promotional literature to a minimum.  Depending on our available funds secured through operational revenues and/or additional debt and/or equity financings, and also depending up the market acceptance, if any, of our product(s), in the future we will increase our marketing budget as needed.

The Company’s President originally registered the domain name “lightcollar.com” but that domain name has been transferred to the Company.  We intend to develop a website with a catalogue, specifications and other information to inform potential customers of the benefits and particulars of the product and to allow customers to purchase pendants from us.  

The Company’s President will design the website at no cost to the Company; however, we expect basic web-hosting services to cost approximately $40 per month and advanced web-hosting services to cost approximately $400 per month.  Basic web-hosting services will not offer any email marketing tools, additional search engine visibility, or enhanced code encryption.  An advanced web-hosting service will allow the company to see precisely what locations our customers are in, as well as provide our customers with the highest level of encryption, premium search-engine visibility, as well as ad space, and spam-free email campaigning.

Lightcollar intends to have a functional website, and to begin actively selling its product(s), by the end of calendar year 2013. The Company initially expects to maintain its own basic website at a cost of approximately $40 per month and then to secure advanced hosting services at a cost of approximately $400 per month going forward.

Once the website has been developed and is operational, we intend to market the website utilizing all of the free online marketing thatforeseeable future.  Until we are able to sourcelocate and acquire a target business, we will not be profitable.  Consequently, we will require substantial additional capital to continue our development and marketing activities.  There is no assurance that we will be able to obtain additional financing through private placements and/or public offerings necessary to support our working capital requirements.  To the extent that funds generated from any private placements and/or public offerings are insufficient, we will have to raise additional working capital through other sources, such as bank loans and/or financings.  No assurance can be given that additional financing will be available, or if available, will be on acceptable terms.

We are incurring increased costs as a result of being a publicly-traded company.  As a public company, we incur significant legal, accounting and other expenses that we did not incur as a private company.  In addition, the Sarbanes-Oxley Act of 2002, as well as paid advertising.  During calendar year 2013,new rules subsequently implemented by the Securities and Exchange Commission, have required changes in corporate governance practices of public companies.  These new rules and regulations have increased our legal and financial compliance costs and have made some activities more time-consuming and costly.  For example, as a result of becoming a public company, we expecthave created additional board committees and have adopted policies regarding internal controls and disclosure controls and procedures.  In addition, we have incurred additional costs associated with our public company reporting requirements.  In addition, these new rules and regulations have made it more difficult and more expensive for us to spend between $1,000obtain director and $20,000officer liability insurance, which we currently cannot afford to do.  As a result of the new rules, it may become more difficult for us to attract and retain qualified persons to serve on advertising our website and product(s).   Board of Directors or as executive officers.  We cannot predict or estimate the amount of additional costs we may incur as a result of being a public company or the timing of such costs.

Results of Operations

Further development of the type, style and content of promotional materials will be undertaken after the initial roll out of our website.  After undertaking the development of our promotional materials the Company will further formulate its marketing plan by, in part, identifying potential trade shows to attend and promotional materials to display at such trade shows.  For the foreseeable future our President will undertake all marketing efforts on behalf of the Company.Working Capital

InitiallyCash Flows

9

Operating Revenues

During the year ended December 31, 2014 we intendearned revenues of $264,672, compared to marketrevenues of $290,910 for the year ended December 31, 2013.  

Cost of Sales and Gross Margin

During the year ended December 31, 2014 we spent a total of $170,879 on cost of sales, compared to $183,815 for the year ended December 31, 2013.

During the year ended December 31, 2014, our product(s) throughoutgross margin was $93,793, compared to $107,095 for the U.S.year ended December 31, 2013.

Operating Expenses and Canada and conduct sales primarily viaNet Loss

During the internet.  We also intend to expand our revenues by selling to other retailers, taking orders at trade shows and generating interest through wordyear ended December 31, 2014, we incurred operating total expenses of mouth.  We intend to grow the business throughout Canada and the United States as demand warrants.  We have no plans to expand the region$50,413 compared with total operating expenses of operation until such time as we have developed the North American business and built a strong and effective organization.  We do not intend to market our business outside of the U.S. and Canada$68,080 during the next 12 months.  As we build out our organization, we intend to incorporate a business development component that will be responsible for researching opportunities for growth; such as, marketing our product abroad and expanding our shipping and distribution to Europe, and other parts of the world.year ended December 31, 2013.

For the year ended December 31, 2014, we earned net income of $43,380 compared with net income of $76,366 for the year ended December 31, 2013.

Liquidity and Capital Resources

As at December 31, 2014, we had a cash balance of $168 and total assets of $41,635 compared with $818 of cash and total assets of $70,282 as at December 31, 2013.  The decrease in cash was due to cash used for operating expenses.    

As at December 31, 2014, we had total liabilities of $18,278 compared with total liabilities of $565 at December 31, 2013.  The increase in total liabilities was attributed to accounts payable as well as amounts payable to a related party.

As at December 31, 2014, we had a working capital deficit of $11,130 compared with a working capital surplus of $21,186 as at December 31, 2013.  The decrease in working capital surplus was due to our decrease in accounts receivable.

Cashflow from Operating Activities

During the year ended December 31, 2014, we received cash of $70,812 from operating activities as compared to receiving cash of $42,486 during the year ended December 31, 2013.  The increase in cash received from operating activities during the year was due to payment of outstanding obligations in 2013.

10

Cashflow from Investing Activities

During the year ended December 31, 2014 we used cash of $nil in investing activities compared to use of $8,780 during the year ended December 31, 2013.

Cashflow from Financing Activities

During the year ended December 31, 2014, we used net cash of $71,462 from financing activities compared with using net cash of $37,350 during the year ended December 31, 2013.

Off-Balance Sheet Arrangements

We have never entered into anyno off-balance sheet financing arrangementsarrangements.

Critical Accounting Policies

Management's discussion and analysis of our financial condition and results of operations are based on the financial statements, which are prepared in accordance with accounting principles generally accepted in the United States of America.  The preparation of such financial statements requires Management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses and related disclosure of contingent assets and liabilities.  On an ongoing basis, Management will evaluate its estimates and will base its estimates on historical experience, as well as on various other assumptions in light of the circumstances surrounding the estimate, and the results will form the basis in making judgments about the carrying values of our assets and liabilities that are not readily apparent from other sources.  It should be noted, however, that actual results could materially differ from the amount derived from Management's estimates under different assumptions or conditions.  

Loss per share is computed using the weighted average number of common stock outstanding during the period.  Diluted loss per share is computed using the weighted average number of common and potentially dilutive common stock outstanding during the period reported.  Our Management does not believe that any recently issued, but not yet effective accounting standards if currently adopted, would have a material effect on the our current financial statements.

Because we are a small, development stage company, with only one director, we have not formedyet appointed an audit committee or any special purpose entities.  We have not guaranteed any debt or commitmentsother committee of other entities or entered into any options on non-financial assets.our Board of Directors.

ITEM 7A.  Quantitative and Qualitative Disclosures about Market Risk

Not applicable to smaller reporting companies.

11

Item 8.  Financial Statements

EMS FIND, INC.

Audited

ITEM 8

FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.December 31, 2014

Index

PCAOB Registered Auditors – www.sealebeers.com

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Directors and Stockholders of

EMS Find, Inc.

LIGHTCOLLAR, INC.

 (A DEVELOPMENT STAGE COMPANY)

FINANCIAL STATEMENTS

MARCH 31, 2013

LIGHTCOLLAR, INC.

 (A DEVELOPMENT STAGE COMPANY)

INDEX TO FINANCIAL STATEMENTS

Page(s)

    Report of Independent Registered Public Accounting Firm

1

    Balance Sheets as of March 31, 2013 and 2012

2

    Statements of Operations for the Years Ended March 31, 2013 and

2012 and from March 22, 2011 (Inception) to March 31, 2013

3

   Statement of Changes in Stockholders’ Equity (Deficit) from March 22,

     2011 (Inception) to March 31, 2013

4

    Statements of Cash Flows for the Years Ended March 31, 2013 and 2012

      and from March 22, 2011 (Inception) to March 31, 2013

5

    Notes to Financial Statements

6-11

 Report of Independent Registered Public Accounting Firm

Board of Directors
Lightcollar, Inc.

We have audited the accompanying balance sheets of Lightcollar,EMS Find, Inc. (A Development Stage Company) (“the Company”) as of MarchDecember 31, 20132014 and 2012,2013, and the related statements of operations, changes inincome, stockholders’ equity (deficit), and cash flows for each of the years in the two-year period ended MarchDecember 31, 2013 and 2012, and the period from March 22, 2011 (inception) to March 31, 2013. These2014. EMS Find, Inc.’s management is responsible for these financial statements are the responsibility of the Company’s management.statements. Our responsibility is to express an opinion on these financial statements based on our audit.audits.

We conducted our auditaudits 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. An audit also includesstatements, assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit providesaudits provide a reasonable basis for our opinion.

In our opinion, based on our audit, the financial statements referred to above present fairly, in all material respects, the financial position of Lightcollar,EMS Find, Inc. as of MarchDecember 31, 2014 and 2013, and 2012,the related statements of income, stockholders’ equity (deficit), and the results of its operations and its cash flows for each of the years in the two-year period ended MarchDecember 31, 2013 and 2012, and the period from March 22, 2011 (inception) to March 31, 2013,2014, 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 8 to the financial statements, the Company has no revenue and an accumulated deficit which raises substantial doubt about its ability to continue as a going concern. Management's plans in regard to these matters are also described in Note 8. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

DeCoria, Maichel & Teague, PS

Spokane, Washington

June 18, 2013

LIGHTCOLLAR, INC.

(A DEVELOPMENT STAGE COMPANY)

BALANCE SHEETS/s/ Seale and Beers, CPAs

Seale and Beers, CPAs

Las Vegas, Nevada

July 21, 2015

EMS Find, Inc.
Consolidated Balance Sheets
As of December 31, 2014 and Decemer 31, 2013
ASSETS
					As of			As of
					December 31,			December 31,
					2014			2013
	Current Assets
		Cash		$	168		$	818
		Accounts receivable			6,980			20,933
	Total Current Assets				7,148			21,751
	Other Assets
		Fixed assets, net			32,584			46,462
		Intangible assets, net			1,903			2,069
	Other Assets				34,487			48,531
	TOTAL ASSETS			$	41,635		$	70,282
LIABILITIES & STOCKHOLDERS' DEFECIT
	Short Term Liabilities
		Accounts payable		$	11,091		$	-
		Due to related party			7,187			30
		Payroll liabilities			-			535
	Total Short Term Liabilities				18,278			565
	TOTAL LIABILITIES			$	18,278		$	565
	Stockholders' Equity
		Series A Preferred stock,  $0.001 par value, (20,000,000 shares authorized
		1,000,000  and 500,000  shares issued and outstanding
		as of  December 31, 2014 and December 31, 2013)			1,000			500
		Common stock,  $0.001 par value, (100,000,000 shares authorized
		28,334,535 and 10,000,000  shares issued and outstanding
		as of  December 31, 2014 and December 31, 2013)			28,335			10,000
		Additional paid in capital			(201,967)			(93,392)
		Retained earnings			195,989			152,609
	Total Stockholders' Equity				23,357			69,717
		TOTAL LIABILITIES &
		STOCKHOLDERS' EQUITY			41,635			70,282

The accompanying notes are an integral part of these financial statements.statements

LIGHTCOLLAR, INC.

(A DEVELOPMENT STAGE COMPANY)

STATEMENTS OF OPERATIONS

F-2

EMS FIND, INC.
Consolidated Statements of Operations
For The Years Ended December 31, 2014  December 31, 2013
				December 31,			December 31,
				2014			2013
	Revenues
		Gross sales	$	264,672		$	290,910
		Cost of sales		170,879			183,815
	Gross profit			93,793			107,095
	Costs and Expenses
		Executive compensation		7,336			2,945
		Depreciation & amortization		14,044			13,158
		General & administrative		29,033			51,977
	Total Expenses			50,413			68,080
	Income From Operations			43,380			39,016
	Other Income
		Debt write off		-			37,350
	Total Other Income			-			37,350
	Net Income		$	43,380		$	76,366
		Basic and Diluted Earnings (Loss) per share	$	0.00		$	0.01
		Weighted average number of
		common shares outstanding		10,050,232			10,000,000

The accompanying notes are an integral part of these financial statements.statements

3

F-3

EMS FIND, INC.
Consolidated Statement of Changes in Stockholders' Equity
For The Years  Ended December 31, 2014 and December 31, 2013
.		Preferred		Preferred		Common		Common		Additional		Accumulated
		Stock		Stock		Stock		Stock		Paid-in		Deficit		Total
				Amount				Amount		Capital
	Beginning Balance	500,000	$	500		10,000,000	$	10,000		(56,042)	$	76,243	$	30,701
	Member Draw									(37,350)				(37,350)
	Net Income December 31, 2013											76,366		76,366
	Balance, December 31, 2013	500,000		500		10,000,000		10,000		(93,392)		152,609		69,717
	Member Draw									(71,462)				(71,462)
	Recapitalization from reverse merger	500,000		500		18,334,535		18,335		(37,113)				(18,278)
	Net Income from December 31, 2014											43,380		43,380
	Balance, December 31, 2014	1,000,000		1,000		28,334,535		28,335		(201,967)		195,989		23,357

LIGHTCOLLAR, INC.

(A DEVELOPMENT STAGE COMPANY)

STATEMENT OF CHANGES IN STOCKHOLDERS’ EQUITY (DEFICIT)

The accompanying notes are an integral part of these financial statements.statements

4

F-4

EMS FIND, INC.
Consolidated Statements of Cash Flows
For The Years Ended December 31, 2014 and December 31, 2013
				December 31,			December 31,
				2014			2013
	CASH FLOWS FROM OPERATING ACTIVITIES
	Net income		$	43,380		$	76,366
	Depreciation & amortization expense			14,044			13,158
	Change in accounts receivable			13,953			(6,074)
	Change in notes payables			-			(37,350)
	Change in due to officers			(30)			30
	Change in payroll liabilities			(535)			(3,643)
	Net cash provided by operating activities			70,812			42,486
	CASH FLOWS FROM INVESTING ACTIVITIES
	Fixed assets		$	-		$	(8,780)
	Net cash (used in) investing activities			-			(8,780)
	CASH FLOWS FROM FINANCING ACTIVITIES
	Distribution		$	(71,462)		$	(37,350)
	Net cash (used in) financing activities			(71,462)			(37,350)
	Net (decrease) in cash			(650)			(3,644)
	Cash at beginning of year			818			4,462
	Cash at end of year		$	168		$	818
	SUPPLEMENTAL DISCLOSURES OF CASH FLOW
	NON-CASH ACTIVITIES
	Gain on debt forgivness		$	-		$	37,500
	Liabilites acquired in merger		$	18,278		$	-
	Total non-cash activities		$	18,278		$	37,500

LIGHTCOLLAR, INC.

(A DEVELOPMENT STAGE COMPANY)

STATEMENTS OF OPERATIONS

The accompanying notes are an integral part of these financial statements.statements

F-5

4

LIGHTCOLLAR,EMS FIND, INC.

 (A DEVELOPMENT STAGE COMPANY)

NOTES TO THE FINANCIAL STATEMENTS

MARCH 31, 2013

NOTE 1-

ORGANIZATION AND BASIS OF PRESENTATION(Audited)

Lightcollar, Inc. (the Company) was incorporated on March 22, 2011, under the laws of the State of Nevada.  The business purpose of the Company is to resell an illuminated pet collar pendant through the Company’s website, Lightcollar.com.  The website will be a promotional center for the product.  The Company has selected March 31 as it fiscal year end.

NOTE 2-

1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Organization

EMS Find, Inc. formerly Lightcollar, Inc. (the Company) was incorporated on March 22, 2011, under the laws of the State of Nevada.  On March 20, 2015, the Company amended its articles of incorporation and changed its name from Lightcollar, Inc. to EMS Find, Inc.

On December 23, 2014 the “Company, has authorized a forward split (the “Forward Split”) of its issued and authorized common shares, whereby every One (1) old share of common stock will be exchanged for Five (5) new shares of the Company's common stock.  As a result, the issued and outstanding shares of common stock will increase from Five Million Six Hundred Fifty Thousand (5,650,000) common shares prior to the Forward Split to Twenty Eight Million Two Hundred Fifty Thousand (28,250,000) common shares following the Forward Split.  Fractional shares will be rounded upward.

On March 10, 2015, the company, with the approval of a majority vote of its shareholders approved the filing of a Certificate of Designation establishing the designations, preferences, limitations and relative rights of the Company’s Series A Preferred Stock (the “Designation” and the “Series A Preferred Stock”).  The terms of the Certificate of Designation of the Series A Preferred Stock, which was filed with the State of Nevada on March 12, 2015, include the right to vote in aggregate, on all shareholder matters equal to 1,000 votes per share of Series A Preferred Stock and each Series A Preferred Stock share are not convertible into shares of our common stock.

Effective March 20, 2015, the Company, with the approval of its board of directors and its majority shareholders by written consent in lieu of a meeting, filed a Certificate of Amendment (the “Certificate of Amendment”) with the Secretary of State of Nevada.  As a result of the Certificate of Amendment, the Company has, among other things, (i) changed its name to “EMS Find, Inc.” and (ii) changes its symbol to “EMSF”.

On March 23, 2015, the Company issued 50,000 shares of Series A Preferred Stock in consideration for services on the Company’s Board of Directors.

On March 31, 2015, the Company issued 450,000 shares of Series A Preferred Stock in consideration for services on the Company’s Board of Directors.

On March 31, 2015, the Company signed the share exchange agreement with EMS Factory, Inc., a company incorporated under the laws of the State of Pennsylvania (“EMS”), and the shareholder of EMS (the “Selling Shareholder”) pursuant to a share exchange agreement by and among the Company, EMS and the Selling Shareholder.  The Company will acquire 100% of the issued and outstanding securities of EMS in exchange for the issuance of 10,000,000 shares of the Company’s Restricted Common Stock, par value $0.001 per share and 500,000 shares of the Company’s Series A Preferred Stock, par value $0.001.  The Company will also fund $300,000 over the next one hundred and twenty days, to support the continued development and commercialization of EMS’ technology, in the following manner: