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10-Q/A
2018 Q3
SNHR Seguin Natural Hair Products Inc.
6 Mar 18
Quarterly report (amended)
7:00pm
Unaudited
December 31, 2017March 31, 2017
ASSETS
CURRENT ASSETS:
Cash$783$622
Total Current Assets783622
Total Assets$783$622
LIABILITIES AND STOCKHOLDERS' DEFICIT
CURRENT LIABILITIES:
Accrued expenses and other current liabilities$17,731$2,249
Convertible note payable related party, net of unamortized discount38,506-
Convertible note payable10,000
Promissory notes payable – related parties12,500-
Advances from stockholders236236
Total Current Liabilities78,9732,485
Total Liabilities78,9732,485
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' DEFICIT:
Common stock par value $0.0001: 500,000,000 shares authorized; 16,550,000 and 16,500,000 shares issued and outstanding as of December 31, 2017 and March 31, 2017; respectively1,6551,650
Additional paid-in capital132,28890,693
Accumulated deficit(212,133)(94,206)
Total Stockholders' Deficit(78,190)(1,863)
Total Liabilities and Stockholders' Deficit$783$622
10-Q/A
2018 Q3
SNHR Seguin Natural Hair Products Inc.
6 Mar 18
Quarterly report (amended)
7:00pm
Unaudited
For nine months ending December 31, 2017For nine months ending December 31, 2016For three months ending December 31, 2017For three months ending December 31, 2016
Operating Expenses
Professional fees72,638$30,03935,863$2,830
General and administrative expenses2,53612,7984398,558
Total operating expenses75,17442,83736,30211,388
Loss from Operations(75,174)(42,837)(36,302)(11,388)
Other Expenses
Interest expense(42,753)-(38,965)-
Total other expense(42,753)-(38,965)-
Net Loss$(117,927)$(42,837)$(75,267)$(11,388)
Net Loss per Common Share - Basic and Diluted$(0.01)$(0.00)$(0.00)$(0.00)
Weighted average common shares outstanding: - basic and diluted16,527,55516,500,00016,550,00016,500,000
10-Q/A
2018 Q3
SNHR Seguin Natural Hair Products Inc.
6 Mar 18
Quarterly report (amended)
7:00pm
Unaudited
For the nine monthsFor the nine months
endingending
December 31, 2017December 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss$(117,927)(42,837)
Adjustments to reconcile net loss to net cash used in operating activities
Stock based compensation5
Amortization on debt discount37,306
Changes in operating assets and liabilities:
Prepaid Expenses2,280
Accrued expenses and other current liabilities26,577
Net cash used in operating activities(54,039)(40,557)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from capital contribution1,00019,330
Proceeds from related party convertible note30,700
Proceeds from convertible note10,000
Proceeds from promissory notes payable – related parties12,500
Net cash provided by financing activities54,20019,330
Net change in cash161(21,227)
Cash at beginning of the reporting period62221,781
Cash at end of the reporting period$783554
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION:
Interest paid$-$-
Income tax paid$-$-
SUPPLIMENTAL DISCLOSURE OF NON-CASH TRANSACTIONS
Debt discount recorded on convertible debt due to beneficial conversion feature$40,595$-
Expenses paid by related party on behalf of the company11,095
10-Q
2018 Q3
SNHR Seguin Natural Hair Products Inc.
15 Feb 18
Quarterly report
7:00pm
Unaudited
December 31, 2017March 31, 2017
ASSETS
CURRENT ASSETS:
Cash$783$622
Total Current Assets783622
Total Assets$783$622
LIABILITIES AND STOCKHOLDERS' DEFICIT
CURRENT LIABILITIES:
Accrued expenses and other current liabilities$17,731$2,249
Convertible note payable related party, net of unamortized discount38,506-
Convertible note payable10,000
Promissory notes payable – related parties12,500-
Advances from stockholders236236
Total Current Liabilities78,9732,485
Total Liabilities78,9732,485
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' DEFICIT:
Common stock par value $0.0001: 500,000,000 shares authorized; 16,550,000 and 16,500,000 shares issued and outstanding as of December 31, 2017 and March 31, 2017; respectively1,6551,650
Additional paid-in capital132,28890,693
Accumulated deficit(212,133)(94,206)
Total Stockholders' Deficit(78,190)(1,863)
Total Liabilities and Stockholders' Deficit$783$622
10-Q
2018 Q3
SNHR Seguin Natural Hair Products Inc.
15 Feb 18
Quarterly report
7:00pm
Unaudited
For nine months ending December 31, 2017For nine months ending December 31, 2016For three months ending December 31, 2017For three months ending December 31, 2016
Operating Expenses
Professional fees72,638$30,03935,863$2,830
General and administrative expenses2,53612,7984398,558
Total operating expenses75,17442,83736,30211,388
Loss from Operations(75,174)(42,837)(36,302)(11,388)
Other Expenses
Interest expense(42,753)-(38,965)-
Total other expense(42,753)-(38,965)-
Net Loss$(117,927)$(42,837)$(75,267)$(11,388)
Net Loss per Common Share - Basic and Diluted$(0.01)$(0.00)$(0.00)$(0.00)
Weighted average common shares outstanding: - basic and diluted16,527,55516,500,00016,550,00016,500,000
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