UNITED STATES
SECURITIES AND
EXCHANGE COMMISSION
Washington,
D.C. 20549
Form
10-Q
☑ QUARTERLY
REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For
the quarterly period ended June 30, 2014
☐ TRANSITION
REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
ALTAIR
INTERNATIONAL CORP.
(Exact
name of registrant as specified in its charter)
|
|
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Nevada |
333-190235 |
99-0385465 |
(State
or other jurisdiction |
(Commission
File Number) |
(IRS
Employer |
of
Incorporation) |
|
Identification
Number) |
|
Conjunto
Sierra Morena Casa D9
Tumbaco,
Equador |
|
(Address
of principal executive offices)
|
(702)
605-0043 |
(Registrant’s
Telephone Number) |
Indicate
by check mark whether the issuer (1) 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 ☑ No ☐
Indicate
by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive
Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the
preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes ☑ No
☐
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 definitions of “large accelerated filer,” “accelerated filer” and “smaller
reporting company” in Ruble 12b-2 of the Exchange Act.
Large
accelerated filer ☐ |
Accelerated
filer ☐ |
|
|
Non-accelerated filer ☐
(Do not check if a smaller reporting company) |
Smaller reporting
company ☑ |
Indicate
by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☑
No ☐
As
of August 18, 2014, there were 4,235,000 shares of the registrant’s $0.001 par value common stock issued and
outstanding.
ALTAIR
INTERNATIONAL CORP.
QUARTERLY REPORT
PERIOD ENDED JUNE
30, 2014
TABLE OF CONTENTS
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Page No. |
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PART I - FINANCIAL INFORMATION |
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Item 1. |
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Financial Statements |
3 |
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Item 2. |
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Management's Discussion and Analysis of Financial Condition and Results of Operations |
9 |
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Item 3. |
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Quantitative and Qualitative Disclosures About Market Risk |
11 |
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Item 4T. |
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Controls and Procedures |
11 |
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PART II - OTHER INFORMATION |
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Item 1. |
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Legal Proceedings |
12 |
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Item1A. |
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Risk Factors |
12 |
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Item 2. |
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Unregistered Sales of Equity Securities and Use of Proceeds |
12 |
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Item 3. |
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Defaults Upon Senior Securities |
12 |
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Item 4. |
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Mine Safety Disclosures |
12 |
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Item 5. |
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Other Information |
12 |
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Item 6. |
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Exhibits |
12 |
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Signatures |
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Special Note Regarding Forward-Looking
Statements
Information included in this Form 10-Q
contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (“Securities
Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (“Exchange Act”). This information
may involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements
of Altair International Corp. (the “Company”), 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 future
plans, strategies and expectations of the Company, are generally identifiable by use of the words “may,” “will,”
“should,” “expect,” “anticipate,” “estimate,” “believe,” “intend,”
or “project” or the negative of these words or other variations 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 these projections included in these
forward-looking statements will come to pass. Actual results of the Company could differ materially from those expressed or implied
by the forward-looking statements as a result of various factors. Except as required by applicable laws, the Company has no obligation
to update publicly any forward-looking statements for any reason, even if new information becomes available or other events occur
in the future.
*Please note that throughout this Quarterly
Report, and unless otherwise noted, the words "we," "our," "us," the "Company," or "ATAO"
refers to Altair International Corp.
PART I - FINANCIAL INFORMATION
ITEM 1. FINANCIAL STATEMENTS
INDEX |
| F-1 | |
Balance Sheets as of June 30, 2014 (Unaudited) and March 31, 2014 (Audited) |
| F-2 | |
Statements of Operations for the Three Months Ended June 30, 2014 and since Inception on
December 20, 2012 (Unaudited) |
| F-3 | |
Statements of Cash Flows for the Three Months Ended June 30, 2014
and since Inception on December 20, 2012 (Unaudited) |
| F-4 | |
Notes to the Financial Statements (Unaudited) |
| F-5 | |
ALTAIR
INTERNATIONAL CORP. |
(A DEVELOPMENT STAGE COMPANY)
BALANCE SHEET |
AS
OF JUNE 30, 2014 AND MARCH 31, 2014 |
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June 30, | |
March 31, |
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2014 | |
2014 |
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(Unaudited) | |
(Audited) |
ASSETS |
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CURRENT ASSETS | |
| | | |
| | |
Cash and cash
equivalents | |
$ | — | | |
$ | 7,570 | |
TOTAL CURRENT ASSETS | |
| — | | |
| 7,570 | |
TOTAL ASSETS | |
$ | — | | |
$ | 7,570 | |
| |
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| | |
LIABILITIES AND STOCKHOLDERS'
EQUITY | |
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| | | |
| | |
CURRENT LIABILITIES | |
| | | |
| | |
Accounts payable | |
$ | 700 | | |
$ | 2,000 | |
Loan from Stockholder | |
| 6,400 | | |
| 6,400 | |
TOTAL CURRENT LIABILITIES | |
| 7,100 | | |
| 8,400 | |
| |
| | | |
| | |
COMMITMENTS AND CONTINGENCIES | |
| — | | |
| — | |
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| | |
STOCKHOLDERS' EQUITY: | |
| | | |
| | |
Common stock, $0.001 par value; 75,000,000
shares authorized, 4,235,000 shares issued and outstanding | |
| 4,235 | | |
| 4,235 | |
Additional paid in capital | |
| 23,465 | | |
| 23,465 | |
Accumulated (deficit) | |
| (34,800 | ) | |
| (28,530 | ) |
TOTAL STOCKHOLDERS' EQUITY | |
| (7,100 | ) | |
| (830 | ) |
TOTAL LIABILITIES AND
STOCKHOLDERS' EQUITY | |
$ | — | | |
$ | 7,570 | |
The accompanying notes are an integral part
of these unaudited financial statements.
ALTAIR INTERNATIONAL CORP.
(A DEVELOPMENT STAGE COMPANY) |
STATEMENT OF OPERATIONS
(UNAUDITED) |
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Three Month | |
Three Month | |
From Inception |
| |
Period Ended | |
Period Ended | |
(December 20, |
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June 30, | |
June 30, | |
2012) to June 30, |
| |
2014 | |
2013 | |
2014 |
| |
| | | |
| | | |
| | |
Selling, general and administrative
expenses | |
$ | 6,270 | | |
$ | 6,568 | | |
$ | 34,800 | |
| |
| | | |
| | | |
| | |
(Loss) from operations | |
| (6,270 | ) | |
| (6,568 | ) | |
| (34,800 | ) |
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| | | |
| | | |
| | |
Provision for income
taxes | |
| — | | |
| | | |
| — | |
| |
| | | |
| | | |
| | |
Net (loss) | |
$ | (6,270 | ) | |
$ | (6,568 | ) | |
$ | (34,800 | ) |
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| | |
Weighted average shares outstanding -
basic and diluted | |
| 4,235,000 | | |
| 3,000,000 | | |
| | |
| |
| | | |
| | | |
| | |
(Loss) per shares -
basic and diluted | |
$ | — | | |
$ | — | | |
| | |
The accompanying notes are an integral part
of these unaudited financial statements.
ALTAIR INTERNATIONAL CORP.
(A DEVELOPMENT STAGE COMPANY) |
STATEMENT
OF CASH FLOWS |
(UNAUDITED) |
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Three Month Period
Ended June 30, 2014 | |
Three Month Period
Ended June 30, 2013 | |
From inception (December
20, 2012) to June 30, 2014 |
| |
| | | |
| | | |
| | |
CASH FLOWS FROM OPERATING
ACTIVITIES | |
| | | |
| | | |
| | |
Net (loss) | |
$ | (6,270 | ) | |
$ | (6,568 | ) | |
$ | (34,800 | ) |
Adjustment to reconcile net loss to net cash
used in operating activities: | |
| | | |
| | | |
| | |
Changes in:
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| | |
Accounts payable | |
| (1,300 | ) | |
| 1,500 | | |
| 700 | |
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Net cash used in operating
activities | |
| (7,570 | ) | |
| (5,068 | ) | |
| (34,100 | ) |
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CASH FLOWS FROM FINANCING
ACTIVITIES | |
| | | |
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Proceeds from issuance of common stock | |
| — | | |
| — | | |
| 27,700 | |
Proceeds from loans from
stockholder | |
| — | | |
| 3,500 | | |
| 6,400 | |
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| | | |
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Net cash provided by financing
activities | |
| — | | |
| 3,500 | | |
| 34,100 | |
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| | | |
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NET DECREASE IN CASH AND CASH EQUIVALENTS | |
| (7,570 | ) | |
| (1,568 | ) | |
| — | |
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CASH AND CASH EQUIVALENTS | |
| | | |
| | | |
| | |
Beginning of the period | |
| 7,570 | | |
| 3,019 | | |
| — | |
End of the period | |
$ | — | | |
$ | 1,451 | | |
$ | — | |
| |
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| | | |
| | |
Supplemental disclosures
of cash flow information | |
| | | |
| | | |
| | |
Taxes paid | |
$ | — | | |
$ | — | | |
$ | — | |
Interest paid | |
$ | — | | |
$ | — | | |
$ | — | |
The accompanying notes are an integral part
of these unaudited financial statements.
ALTAIR INTERNATIONAL CORP.
Notes to the Financial Statements
June 30, 2014
NOTE 1 - ORGANIZATION AND BUSINESS
OPERATIONS
Organization and Description of Business
ALTAIR INTERNATIONAL CORP. (the “Company”)
was incorporated under the laws of the State of Nevada on December 20, 2012. The Company is in the development stage as defined
under Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 915-205
"Development-Stage Entities.” The company intends to commence operations in the field of concept architectural, interior
design projects and related areas. Since inception (December 20, 2012) through June 30, 2014 the Company has not generated any
revenue and has accumulated losses of $34,800.
NOTE 2 - GOING CONCERN
The financial statements have been prepared
on a going concern basis, which assumes the Company will be able to realize its assets and discharge its liabilities in the normal
course of business for the foreseeable future. The Company has incurred losses since inception resulting in an accumulated
deficit of $34,800 as of June 30, 2014 and further losses are anticipated in the development of its business raising substantial
doubt about the Company’s ability to continue as a going concern. The ability to continue as a going concern is dependent
upon the Company generating profitable operations in the future and/or to obtain the necessary financing to meet its obligations
and repay its liabilities arising from normal business operations when they come due. Management intends to finance operating
costs over the next twelve months with existing cash on hand and loans from directors and/or private placement of common stock.
NOTE 3 - SUMMARY OF SIGNIFICANT
ACCOUNTING POLICIES
Basis of Presentation
The accompanying financial statements have
been prepared in accordance with generally accepted accounting principles in the United States of America, and pursuant to the
rules and regulations of the Securities and Exchange Commission (the “SEC”) and reflect all adjustments, consisting
of normal recurring adjustments, which management believes are necessary to fairly present the financial position, results of
operations and cash flows of the Company as of and for the three month periods ending June 30, 2014 and 2013 and the year ending
March 31, 2014 and for the period from (Inception) December 20, 2012 through June 30, 2014.
Cash and Cash Equivalents
For purposes of the statement of cash flows,
the Company considers all highly liquid instruments purchased with an original maturity of three months or less to be cash equivalents.
The Company's bank accounts are deposited
in insured institutions. The funds are insured up to $250,000. At June 30, 2014 the Company's bank deposits did not exceed the
insured amounts.
Basic and Diluted Income (Loss) Per Share
The Company computes loss per share in accordance
with “ASC-260”, “Earnings per Share” which requires presentation of both basic and diluted earnings per
share on the face of the statement of operations. Basic loss per share is computed by dividing net loss available to common shareholders
by the weighted average number of outstanding common shares during the period. Diluted loss per share gives effect to all dilutive
potential common shares outstanding during the period. Dilutive loss per share excludes all potential common shares if their
effect is anti-dilutive.
Income Taxes
The Company follows the liability method of
accounting for income taxes. Under this method, deferred income tax assets and liabilities are recognized for the estimated
tax consequences attributable to differences between the financial statement carrying values and their respective income tax basis
(temporary differences). The effect on deferred income tax assets and liabilities of a change in tax rates is recognized
in income in the period that includes the enactment date.
Fair Value of Financial Instruments
FASB ASC 820 "Fair Value Measurements
and Disclosures" establishes a three-tier fair value hierarchy, which prioritizes the inputs in measuring fair value. The
hierarchy prioritizes the inputs into three levels based on the extent to which inputs used in measuring fair value are observable
in the market.
These tiers include:
Level 1: defined as observable inputs such
as quoted prices in active markets;
Level 2: defined as inputs other than
quoted prices in active markets that are either directly or indirectly observable; and
Level 3: defined as unobservable inputs
in which little or no market data exists, therefore requiring an entity to develop its own assumptions.
The carrying amounts of financial assets and
liabilities, such as cash and accrued liabilities approximate their fair values because of the short maturity of these instruments.
Use of 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 the financial statements
and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those
estimates.
NOTE 4 – COMMON STOCK
The Company has 75,000,000 common shares authorized
with a par value of $0.001 per share.
On March 18, 2013 the Company issued 3,000,000
shares of its common stock at $0.001 per share for total proceeds of $3,000.
During the period December 20, 2012 (inception)
to March 31, 2013, the Company sold a total of 3,000,000 shares of common stock for total cash proceeds of $3,000. In November
and December 2013, the Company sold a total of 1,235,000 shares of common stock for total cash proceeds of $24,700. During the
period December 20, 2012 (inception) to June 30, 2014, the Company sold a total of 4,235,000 shares of common stock for total
cash proceeds of $27,700.
NOTE 5 – RELATED PARTY TRANSACTIONS
Since inception through June 30, 2014 the
Director loaned the Company $6,400 to pay for incorporation costs, general and administrative expenses and professional fees.
As of June 30, 2014, total loan amount was $6,400. The loan is non-interest bearing, due upon demand and unsecured.
NOTE 6 – SUBSEQUENT EVENTS
In accordance with ASC 855-10, the
Company has analyzed its operations from June 30, 2014 to August 15, 2014 and has determined that it does not have any material
subsequent events to disclose in these financial statements.
END OF NOTES TO FINANCIAL STATEMENTS
ITEM 2. |
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION OR
PLAN OF OPERATION |
FORWARD-LOOKING STATEMENTS
This Quarterly Report on Form 10-Q contains
forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities
Act”) and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). These forward-looking
statements are not historical facts but rather are based on current expectations, estimates and projections. We may use words
such as “anticipate,” “expect,” “intend,” “plan,” “believe,” “foresee,”
“estimate” and variations of these words and similar expressions to identify forward-looking statements. These statements
are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, some of which are
beyond our control, are difficult to predict and could cause actual results to differ materially from those expressed or forecasted.
You should read this report completely and with the understanding that actual future results may be materially different from
what we expect. The forward-looking statements included in this report are made as of the date of this report and should be evaluated
with consideration of any changes occurring after the date of this Report. We will not update forward-looking statements even
though our situation may change in the future and we assume no obligation to update any forward-looking statements, whether as
a result of new information, future events or otherwise.
Our Business
The Company was incorporated to operate in
the architectural field and to be responsible for the concept architectural vision of future private and public buildings as well
as municipal organized public areas. Also, we intend to provide interior design and architectural visualization, 3D rendering
and architectural animation services and plan on using advanced computer technology to produce photo realistic 3D rendering, walk-through
animation and 360 degree panorama.
RESULTS OF OPERATIONS
We have incurred recurring losses to
date. Our financial statements have been prepared assuming that we will continue as a going concern and, accordingly, do
not include adjustments relating to the recoverability and realization of assets and classification of liabilities that might
be necessary should we be unable to continue in operation.
We expect we will require additional
capital to meet our long term operating requirements. We expect to raise additional capital through, among other things, the sale
of equity or debt securities.
Working Capital
| |
As of June 30, 2014 | |
As of March 31, 2013 |
Total Current Assets | |
$ | — | | |
| 7,570 | |
Total Current Liabilities | |
| 7,100 | | |
| 8,400 | |
Working Capital (Deficit) | |
$ | 7,100 | | |
| (830 | ) |
Cash Flows
| |
Three Months Ended June 30, 2014 | |
Three Months Ended June 30, 2013 | |
From December 20, 2012 (Inception) to June 30, 2014 |
Cash Flows from (used in) Operating Activities | |
$ | (7,570 | ) | |
$ | (5,068 | ) | |
$ | (34,100 | ) |
Cash Flows from (used in) Financing Activities | |
| — | | |
| 3,500 | | |
| 34,100 | |
Net Increase (decrease) in Cash during period | |
$ | (7,570 | ) | |
$ | (1,568 | ) | |
$ | — | |
Operating Revenues
During the three month
period ending June 30, 2014, the Company did not record any revenues. During fiscal year ended March 31, 2014, the Company did
not generate any revenue.
Operating Expenses and Net Loss
Operating expenses during
the three month period ended June 30, 2014 were $7,570 consisting of general and administrative expenses which includes corporate
overhead and financial and contracted services, as compared to $5,068 for the three month period ended June 30, 2013. Operating
expenses since inception (December 20, 2012) through June 30, 2014 were $34,800.
Net loss for the three
month period ended June 30, 2014 was $6,270, in comparison to a net loss of $6,568 for the three months ended June 30, 2013. Net
loss since inception on December 20, 2012 is $34,800.
Liquidity and Capital Resources
As at June 30, 2014, the
Company’s current assets were $0 and at March 31, 2014 was $7,570. As at June 30, 2014, the Company had total liabilities
of $7,100, consisting of $700 in accounts payable and $6,400 in loans from a stockholder. As at June 30, 2014, the Company
had a working capital deficit of $7,100.
Cashflow from/used in Operating Activities
We have not generated
positive cash flows from operating activities. During the three month period ended June 30, 2014, the Company used $7,570 of cash
for operating activities. For the three month period ended June 30, 2013, the Company used $5,068 of cash for operating activities.
Net cash flows used in operating activities
was $34,100 for the period from December 20, 2012 (Date of Inception) to June 30, 2014.
Cashflow from Financing Activities
We have financed our operations
primarily from either advancements or the issuance of equity and debt instruments. During the three month period ended June 30,
2014, the Company received $0 of cash from financing activities.
For the three month period
ended June 30, 2013 net cash provided by financing activities was $3,500, received from a stockholder loan. For the period
from December 20, 2012 (Date of Inception) to June 30, 2014, net cash provided by financing activities was $34,100.
Going Concern
We have not attained profitable
operations and are dependent upon obtaining financing to pursue any extensive acquisitions and activities. For these reasons,
our auditors stated in their report on our audited financial statements that they have substantial doubt that we will be able
to continue as a going concern without further financing. The financial statements have been prepared "assuming that we will
continue as a going concern," which contemplates that we will realize our assets and satisfy our liabilities and commitments
in the ordinary course of business.
Off-Balance Sheet Arrangements
We have no significant
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 are material to stockholders.
Future Financings
We will continue to rely
on equity sales of our common shares and advances from our majority stockholder in order to continue to fund our business operations.
Issuances of additional shares will result in dilution to existing stockholders. There is no assurance that we will achieve any
additional sales of the equity securities or arrange for debt or other financing to fund our operations and other activities.
Critical Accounting Policies
Our financial statements
and accompanying notes have been prepared in accordance with United States generally accepted accounting principles applied on
a consistent basis. The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires
management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent
assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting
periods.
We regularly evaluate
the accounting policies and estimates that we use to prepare our financial statements. A complete summary of these policies is
included in the notes to our financial statements. In general, management's estimates are based on historical experience, on information
from third party professionals, and on various other assumptions that are believed to be reasonable under the facts and circumstances.
Actual results could differ from those estimates made by management.
Contractual Obligations
We are a smaller reporting
company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and are not required to provide the information under
this item.
Recently Issued Accounting Pronouncements
The Company has implemented
all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements
unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have
been issued that might have a material impact on its financial position or results of operations.
ITEM 3. |
QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET
RISK |
We are a smaller reporting
company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and are not required to provide the information under
this item.
ITEM 4. |
Controls and Procedures
|
Disclosure Controls and Procedures
Disclosure controls and
procedures are controls and other procedures that are designed to ensure that information required to be disclosed in our reports
filed or submitted 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 in our reports filed under the Exchange Act is accumulated and communicated
to management, including our Chief Executive Officer and our Chief Financial Officer, to allow timely decisions regarding required
disclosure.
An evaluation was conducted
under the supervision and with the participation of our management of the effectiveness of the design and operation of our disclosure
controls and procedures, as required by Exchange Act Rule 13a-15. Based on that evaluation, our management concluded that our
disclosure controls and procedures were effective as of June 30, 2014 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 by the SEC’s rules and forms.
Changes in Internal Control and Financial
Reporting
There has been no change
in our internal control over financial reporting identified in connection with our evaluation we conducted of the effectiveness
of our internal control over financial reporting as of June 30, 2014, that occurred during our first fiscal quarter that has materially
affected, or is reasonably likely to materially affect, our internal control over financial reporting.
This quarterly report
does not include an attestation report of the Company’s registered public accounting firm regarding internal control over
financial reporting. Management’s report was not subject to attestation by the Company’s registered public accounting
firm pursuant to temporary rules of the SEC that permit the Company to provide only management’s report in this annual report.
PART II—OTHER INFORMATION
ITEM 1. |
LEGAL PROCEEDINGS
|
We know of no material, existing or
pending legal proceedings against our Company, nor are we involved as a plaintiff in any material proceeding or pending litigation.
There are no proceedings in which our director, officer or any affiliates, or any registered or beneficial shareholder, is an
adverse party or has a material interest adverse to our interest.
We are a smaller reporting company as defined by Rule 12b-2
of the Exchange Act and are not required to provide the information required under this item.
ITEM 2. |
Unregistered Sales of
Equity Securities and Use of Proceeds. |
Quarterly Issuances:
None
Subsequent Issuances:
None
ITEM 3. |
Defaults Upon Senior Securities
|
None.
ITEM 4. |
MINE SAFETY DISCLOSURES |
Not applicable.
ITEM 5. |
OTHER INFORMATION |
None
Exhibit
Number |
Description of Exhibit |
Filing |
3.01 |
Articles of Incorporation |
Filed with the SEC on July 29, 2013 as part
of our Registration Statement on Form S-1. |
3.02 |
Bylaws |
Filed with the SEC on July 29, 2013 as part
of our Registration Statement on Form S-1. |
31.01 |
CEO and CFO Certification Pursuant to Rule 13a-14 |
Filed herewith. |
32.01 |
CEO and CFO Certification
Pursuant to Section 906 of the Sarbanes-Oxley Act |
Filed herewith. |
|
|
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101.INS* |
XBRL Instance Document |
Filed herewith. |
101.SCH* |
XBRL Taxonomy Extension Schema Document |
Filed herewith. |
101.CAL* |
XBRL Taxonomy Extension Calculation Linkbase Document |
Filed herewith. |
101.LAB* |
XBRL Taxonomy Extension Labels Linkbase Document |
Filed herewith. |
101.PRE* |
XBRL Taxonomy Extension Presentation Linkbase Document |
Filed herewith. |
101.DEF* |
XBRL Taxonomy Extension Definition Linkbase Document |
Filed herewith. |
(i) *Pursuant to Regulation
S-T, this interactive data file is deemed not filed or part of a registration statement or prospectus for purposes of Sections
11 or 12 of the Securities Act of 1933, is deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934,
and otherwise is not subject to liability under these sections.
SIGNATURES
Pursuant to the requirements
of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Company caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
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ALTAIR INTERNATIONAL CORP. |
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Dated: August 19, 2014 |
/s/ Homero Giovanni Penaherrera Zavala |
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By: Homero Giovanni Penaherrera Zavala |
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Its: President, CEO, CFO, Secretary, Treasurer and Director |
Pursuant to the requirement
of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the Company and
in the capacities and on the dates indicated:
Dated: August 19, 2014 |
/s/ Homero Giovanni Penaherrera Zavala |
|
By: Homero Giovanni Penaherrera Zavala |
|
Its: President, CEO, CFO, Secretary, Treasurer and Director |
13
EXHIBIT 31.1
CERTIFICATION
I, Homero Giovanni Penaherrera Zavala, certify that:
1. |
I have reviewed this Quarterly Report on Form 10-Q of
Altair International Corp. (the “Company”); |
2. |
Based on my knowledge, this report does not contain
any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of
the circumstances under which such statements were made, not misleading with respect to the period covered by this report; |
3. |
Based on my knowledge, the financial statements, and
other financial information included in this report, fairly present in all material respects the financial condition, results
of operations and cash flows of the Company as of, and for, the periods presented ire this report; |
4. |
The Company’s other certifying officer and I are
responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e)
and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for
the Company and have: |
|
a. |
Designed such disclosure controls
and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material
information relating to the Company, including its consolidated subsidiaries, is made known to us by others within those entities,
particularly during the period in which this report is being prepared; |
|
b. |
Designed such internal control
over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to
provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements
for external purposes in accordance with generally accepted accounting principles; |
|
c. |
Evaluated the effectiveness of
the Company’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness
of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and |
|
d. |
Disclosed in this report any change
in the Company’s internal control over financial reporting that occurred during the Company’s most recent fiscal
quarter (the Company’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably
likely to materially affect, the Company’s internal control over financial reporting; and |
5. |
The Company’s other certifying officer and I have
disclosed, based on our most recent evaluation of internal control over financial reporting, to the Company’s auditors
and the audit committee of the Company’s board of directors (or persons performing the equivalent functions): |
|
a. |
All significant deficiencies and
material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to
adversely affect the Company’s ability to record, process, summarize and report financial information; and |
|
b. |
Any fraud, whether or not material,
that involves management or other employees who have a significant role in the Company’s internal control over financial
reporting. |
Date: August 19, 2014
/s/ Homero Giovanni Penaherrera Zavala |
By: Homero Giovanni Penaherrera Zavala |
Chief Executive Officer |
EXHIBIT 31.2
CERTIFICATION
I, Homero Giovanni Penaherrera Zavala, certify that:
1. |
I have reviewed this Quarterly Report on Form 10-Q of
Altair International Corp. (the “Company”); |
2. |
Based on my knowledge, this report does not contain
any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of
the circumstances under which such statements were made, not misleading with respect to the period covered by this report; |
3. |
Based on my knowledge, the financial statements, and
other financial information included in this report, fairly present in all material respects the financial condition, results
of operations and cash flows of the Company as of, and for, the periods presented ire this report; |
4. |
The Company’s other certifying officer and I are
responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e)
and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for
the Company and have: |
|
a. |
Designed such disclosure controls
and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material
information relating to the Company, including its consolidated subsidiaries, is made known to us by others within those entities,
particularly during the period in which this report is being prepared; |
|
b. |
Designed such internal control
over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to
provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements
for external purposes in accordance with generally accepted accounting principles; |
|
c. |
Evaluated the effectiveness of
the Company’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness
of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and |
|
d. |
Disclosed in this report any change
in the Company’s internal control over financial reporting that occurred during the Company’s most recent fiscal
quarter (the Company’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably
likely to materially affect, the Company’s internal control over financial reporting; and |
5. |
The Company’s other certifying officer and I have
disclosed, based on our most recent evaluation of internal control over financial reporting, to the Company’s auditors
and the audit committee of the Company’s board of directors (or persons performing the equivalent functions): |
|
a. |
All significant deficiencies and
material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to
adversely affect the Company’s ability to record, process, summarize and report financial information; and |
|
b. |
Any fraud, whether or not material,
that involves management or other employees who have a significant role in the Company’s internal control over financial
reporting. |
Date: August 19, 2014
/s/ Homero Giovanni Penaherrera Zavala |
By: Homero Giovanni Penaherrera Zavala |
Chief Financial Officer |
EXHIBIT 32.1
CERTIFICATION PURSUANT TO
18 U.S.C. SECTION 1350,
AS ADOPTED PURSUANT TO
SECTION 906 OF THE SARBANES-OXLEY ACT OF
2002
In connection with the Quarterly Report of Altair International
Corp. (the “Company”) on Form 10-Q for the period ended June 30, 2014, as filed with the Securities and Exchange Commission
on the date hereof (the “Report”), I, Homero Giovanni Penaherrera Zavala, Principal Executive Officer of the Company,
certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:
1. |
The Report fully complies with the requirements of Section 13(a)
or 15(d) of the Securities Exchange Act of 1934; and |
2. |
The information contained in the Report fairly presents, in all
material respects, the financial condition and results of operations of the Company. |
Dated: August 19, 2014 |
/s/ Homero Giovanni Penaherrera Zavala |
|
Homero Giovanni Penaherrera Zavala |
|
Chief Executive Officer |
EXHIBIT 32.2
CERTIFICATION PURSUANT TO
18 U.S.C. SECTION 1350,
AS ADOPTED PURSUANT TO
SECTION 906 OF THE SARBANES-OXLEY ACT OF
2002
In connection with the Quarterly Report of Altair International
Corp. (the “Company”) on Form 10-Q for the period ended June 30, 2014, as filed with the Securities and Exchange Commission
on the date hereof (the “Report”), I, Homero Giovanni Penaherrera Zavala, Principal Financial Officer of the Company,
certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:
1. |
The Report fully complies with the requirements of Section 13(a)
or 15(d) of the Securities Exchange Act of 1934; and |
2. |
The information contained in the Report fairly presents, in all
material respects, the financial condition and results of operations of the Company. |
Dated: August 19, 2014 |
/s/ Homero Giovanni Penaherrera Zavala |
|
Homero Giovanni Penaherrera Zavala |
|
Chief Financial Officer |
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