SPINDLE, INC. - FORM 10-Q - August 15, 2011

Attached files

file	filename
EX-32 - SPINDLE, INC.	cyhf_ex32.htm
EX-31.1 - SPINDLE, INC.	cyhf_ex31-1.htm
EX-31.2 - SPINDLE, INC.	cyhf_ex31-2.htm
EXCEL - IDEA: XBRL DOCUMENT - SPINDLE, INC.	Financial_Report.xls

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

(Mark One)
[X]	QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended: June 30, 2011

Or

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

For the transition period from ____________ to _____________

Commission File Number: 333-145088

COYOTE HILLS GOLF, INC.
(Exact name of registrant as specified in its charter)

Nevada		20-8242820
(State or other jurisdiction of incorporation or organization)		(I.R.S. Employer Identification No.)

711 N. 81ST Place, Mesa, AZ		85207
(Address of principal executive offices)		(Zip Code)

(480) 335-7351
(Registrant's telephone number, including area code)



(Former name, former address and former fiscal year, if changed since last report)

Indicate by check mark whether the issuer (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

Yes [X] No [ ]

Indicate by check mark 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 during the preceding 12 months (or for such shorter period that ht registrant was required to submit and post such files). Yes [ ] No [X]

Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.:

Large accelerated filer [ ]	Accelerated filer [ ]
Non-accelerated filer [ ] (Do not check if a smaller reporting company)	Smaller reporting company [X]

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

Yes [X] No [ ]

Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date:

Common Stock, $0.001 par value	11,100,000 shares
(Class)	(Outstanding as at August 15, 2011)

COYOTE HILLS GOLF, INC.

Table of Contents

	Page

PART I – FINANCIAL INFORMATION	3
Unaudited Financial Statements	3
Balance Sheets	4
Statements of Operations	5
Statements of Cash Flows	6
Notes to Financial Statements	7
Management's Discussion and Analysis of Financial Condition and Results of Operation	10
Controls and Procedures	12
PART II – OTHER INFORMATION	13
Unregistered Sales of Equity Securities and Use of Proceeds	13
Exhibits and Reports on Form 8-K	13
SIGNATURES	14

PART I – FINANCIAL INFORMATION

Unaudited Financial Statements

The accompanying unaudited financial statements have been prepared in accordance with generally accepted accounting principles for interim financial reporting and pursuant to the rules and regulations of the Securities and Exchange Commission ("Commission"). While these statements reflect all normal recurring adjustments which are, in the opinion of management, necessary for fair presentation of the results of the interim period, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. For further information, refer to the financial statements and footnotes thereto, which are included in the Company's Annual Report on Form 10-K previously filed with the Commission on March 28, 2011.

COYOTE HILLS GOLF, INC.

(A Development Stage Company)

Balance Sheets

	June 30,			December 31,
	2011			2010
	(unaudited)			(audited)
Assets

Current assets:
Cash	$	764		$	244
Prepaid expenses and other assets		118			118
Total current assets		882			362

Equipment, net		-			170

Total assets	$	882		$	532

Liabilities and Stockholders’ Equity(Deficit)

Current liabilities:
Accounts payable	$	810		$	500
Loans payable		1,750			-
Total current liabilities		2,560			500

Total liabilities		2,560			500

Stockholders’ equity(deficit)
Preferred stock, $0.001 par value, 100,000,000 shares
authorized, no shares issued and outstanding		-			-
Common stock, $0.001 par value, 100,000,000 shares
authorized, 11,100,000 shares issued and outstanding
as of 6/30/2011 and 12/31/2010, respectively		11,100			11,100
Additional paid-in capital		78,375			72,375
Deficit accumulated during development stage		(91,153	)		(83,433	)
Total stockholder’s equity(deficit)		(1,678	)		32

Total liabilities and stockholders’ equity(deficit)	$	882		$	532

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

COYOTE HILLS GOLF, INC.

(A Development Stage Company)

Statements of Operations

(Unaudited)

	Three Months Ended						Six Months Ended						Inception
	June 30,						June 30,						(January 8, 2007) to
	2011			2010			2011			2010			June 30, 2011

Revenue	$	-		$	-		$	-		$	-		$	510
Cost of goods sold		-			-			-			-			491

Gross profit		-			-			-			-			19

Expenses:
Depreciation expense		82			88			169			175			1,049
Executive compensation		-			-			-			-			10,000
General and administrative expenses		2,395			2,689			7,540			8,779			79,510
Impairment expense		-			-			-			-			468
Total expenses		2,447			2,777			7,709			8,954			91,027

Loss before provision for income taxes		(2,447	)		(2,777	)		(7,709	)		(8,954	)		(91,008	)

Provision for income taxes		-			-			-			(50	)		(145	)

Net loss	$	(2,447	)	$	(2,777	)	$	(7,709	)	$	(9,004	)	$	(91,153	)

Weighted average number of
common shares outstanding – basic		11,100,000			11,100,000			11,100,000			11,100,000

Net loss per share – basic	$	(0.00	)	$	(0.00	)	$	(0.00	)	$	(0.00	)

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

COYOTE HILLS GOLF, INC.

(A Development Stage Company)

Statements of Cash Flows

(unaudited)

	For the six months ended						Inception
	June 30,						(January 8, 2007) to
	2011			2010			June 30, 2011
Operating activities
Net loss	$	(7,709	)	$	(9,004	)	$	(91,153	)
Adjustments to reconcile net loss to
net cash used by operating activities:
Shares issued for services – related party		-			-			10,000
Depreciation expense		169			175			1,049
Changes in operating assets and liabilities:
Decrease in inventory		-			583			-
(Increase) in prepaid expense and other assets		-			166			(118	)
Increase in accounts payable		310			119			810
Net cash used by operating activities		(7,230	)		(7,961	)		(79,412	)

Investing activities
Purchase of fixed assets		-			-			(1,049	)
Net cash used by investing activities		-			-			(1,049	)

Financing activities
Proceeds from loans payable		1,750			-			1,750
Donated capital		6,000			8,000			24,975
Issuances of common stock		-			-			54,500
Net cash provided by financing activities		7,750			8,000			81,225

Net increase (decrease) in cash		520			39			764
Cash – beginning of the period		244			264			-
Cash – end of the period	$	764		$	303		$	764

Supplemental disclosures:
Interest paid	$	-		$	-		$	-
Income taxes paid	$	-		$	-		$	145

Non-cash transactions:
Shares issued for executive compensation	$	-		$	-		$	10,000
Number of shares issued for executive compensation		-			-			10,000,000

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

COYOTE HILLS GOLF, INC.

(A Development Stage Company)

Notes to Financial Statements

Unaudited

Note 1 – Basis of presentation

The interim financial statements included herein, presented in accordance with United States generally accepted accounting principles and stated in US dollars, have been prepared by the Company, without audit, pursuant to the rules and regulations of the Securities and Exchange Commission (SEC). Certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been omitted pursuant to such rules and regulations, although the Company believes that the disclosures are adequate to make the information presented not misleading.

These statements reflect all adjustments, consisting of normal recurring adjustments, which, in the opinion of management, are necessary for fair presentation of the information contained therein. It is suggested that these interim financial statements be read in conjunction with the audited financial statements of the Company for the period ended December 31, 2010 and notes thereto included in the Company's annual report on Form 10-K. The Company follows the same accounting policies in the preparation of interim reports.

Results of operations for the interim periods are not indicative of annual results.

Note 2 – History and organization of the company

The Company was organized January 8, 2007 (Date of Inception) under the laws of the State of Nevada, as Coyote Hills Golf, Inc. The Company is authorized to issue up to 100,000,000 shares of its common stock and 100,000,000 shares of preferred stock, each with a par value of $0.001 per share.

The business of the Company is to sell golf apparel and equipment via the Internet. The Company has limited operations and in accordance with FASB ASC 915-10, “Development Stage Entities,” the Company is considered a development stage company.

Note 3 - Going concern

The Company’s financial statements are prepared using generally accepted accounting principles in the United States of America applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has not yet established an ongoing source of revenues sufficient to cover its operating costs and allow it to continue as a going concern. The Company had an accumulated deficit of $91,153 as of June 30, 2011. The ability of the Company to continue as a going concern is dependent on the Company obtaining adequate capital to fund operating losses until it becomes profitable. If the Company is unable to obtain adequate capital, it could be forced to cease operations.

In order to continue as a going concern, the Company will need, among other things, additional capital resources. The Company is contemplating conducting an offering of its debt or equity securities to obtain additional operating capital. The Company is dependent upon its ability, and will continue to attempt, to secure equity and/or debt financing. There are no assurances that the Company will be successful and without sufficient financing it would be unlikely for the Company to continue as a going concern.

The ability of the Company to continue as a going concern is dependent upon its ability to successfully accomplish the plans described in the preceding paragraph and eventually secure other sources of financing and attain profitable operations. These financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts, or amounts and classification of liabilities that might result from this uncertainty.

COYOTE HILLS GOLF, INC.

(A Development Stage Company)

Notes to Financial Statements

Unaudited

Note 4 –Accounting policies and procedures

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 of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.

Revenue recognition

The Company recognizes revenue when all of the following conditions are satisfied: (1) there is persuasive evidence of an arrangement; (2) the amount of fees to be paid by the customer is fixed or determinable; (3) the product has been provided to the customer; and (4) the collection of our fees is probable. The Company will record revenue when it is realizable and earned and the product has been shipped to the customer.

Loss per share

Net loss per share is provided in accordance with FASB ASC 260-10, “Earnings per Share”. Basic loss per share is computed by dividing losses available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted income (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. The Company had no dilutive common stock equivalents, such as stock options or warrants as of June 30, 2011.

Recent Accounting Pronouncements

The company evaluated all of the other recent accounting updates through ASU 2011-07 and deemed that they would not have a material effect on the financial position, results of operations or cash flows of the Company.

Note 5-Fixed assets

Fixed assets consisted of the following:

	June 30,
	2011			2010
Computer equipment	$	1,049		$	1,049

Accumulated depreciation		(1,049	)		(705	)
	$	0		$	344

During the three and six month periods ended June 30, 2011 and 2010, the Company recorded depreciation expense of $82 and $88 and $169 and $175, respectively.

COYOTE HILLS GOLF, INC.

(A Development Stage Company)

Notes to Financial Statements

Unaudited

Note 6 – Loan payable

On April 26, 2011, a non-related third-party entity loaned the Company $1,750. The loan bears no interest and is due upon demand.

Note 7 – Stockholders’ equity

The Company is authorized to issue 100,000,000 shares of its $0.001 par value common stock and 100,000,000 shares of its $0.001 par value preferred stock.

During the six months ended June 30, 2011, an officer and director of the Company donated cash in the amount of $6,000. The entire amount is considered to be additional paid-in capital.

As of June 30, 2011, there have been no other issuances of common stock.

Note 8 – Warrants and options

As of June 30, 2011, there were no warrants or options outstanding to acquire any additional shares of common stock.

Note 9 – Related party transactions

On January 12, 2007, the Company issued 10,000,000 shares of its $0.001 par value common stock as founders’ shares to its two officers and directors in exchange for services rendered in the amount of $10,000.

From inception through June 30, 2011, an officer and director of the Company donated cash in the amount of $24,975. The entire amount is considered to be additional paid-in capital.

The Company does not lease or rent any property. Office services are provided without charge by an officer and director of the Company. Such costs are immaterial to the financial statements and, accordingly, have not been reflected therein. The officers and directors of the Company are involved in other business activities and may, in the future, become involved in other business opportunities. If a specific business opportunity becomes available, such persons may face a conflict in selecting between the Company and their other business interests. The Company has not formulated a policy for the resolution of such conflicts.

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

Forward-Looking Statements

This Quarterly Report contains forward-looking statements about Coyote Hills Golf, Inc.’s business, financial condition and prospects that reflect management’s assumptions and beliefs based on information currently available. We can give no assurance that the expectations indicated by such forward-looking statements will be realized. If any of our management’s assumptions should prove incorrect, or if any of the risks and uncertainties underlying such expectations should materialize, Coyote Hills Golf’s actual results may differ materially from those indicated by the forward-looking statements.

The key factors that are not within our control and that may have a direct bearing on operating results include, but are not limited to, acceptance of our services, our ability to expand our customer base, managements’ ability to raise capital in the future, the retention of key employees and changes in the regulation of our industry.

There may be other risks and circumstances that management may be unable to predict. When used in this Quarterly Report, words such as, "believes,""expects," "intends,""plans,""anticipates,""estimates" and similar expressions are intended to identify forward-looking statements, although there may be certain forward-looking statements not accompanied by such expressions.

Management’s Discussion and Results of Operation

Coyote Hills Golf, Inc. was incorporated in Nevada on January 8, 2007. We are a retailer of golf-related apparel, equipment and supplies, primarily targeting male consumers aged 40 and over in the middle- to high-income ranges. We consider this demographic group to have sufficient disposable income, to be brand conscious and typically experience a moderate to high level of pressure to be early adopters of golf equipment. These factors make this an ideal target market for us.

Results of operations for the three month periods ended June 30, 2011 and 2010

During the three month periods ended June 30, 2011 and 2010, we did not generate any revenues, and therefore did not incur any costs associated with sales of products. We are unable to forecast the amount, if any, of revenues we will generate for the foreseeable future. We have no recurring customers and no source of guaranteed ongoing revenues. We have experienced marked difficulty in generating sales. We believe our lack of revenues during these years is attributable to our lackluster internet experience and thus far ineffective marketing efforts, as well as an inability to secure inventory that is materially different and desirable than is readily available at the majority of retailers.

For the three months ended June 30, 2011, we incurred operating expenses in the amount of $2,477, of which $82 is attributable to depreciation expense and $2,395 to general and administrative expenses. General and administrative fees included general office expenses ($45), accounting fees ($1,750) and professional fees ($290) related to legal fees and filing periodic reports to maintain our status as a public reporting company. In the comparable three month period ended June 30, 2010, we incurred $2,777 in operating expenses, comprised of $88 in depreciation expense, accounting fees of $1,000, professional fees of $516 and $1,007 in general office expenses.

In the period ended June 30, 2011, our net loss totaled $2,477, compared to a net loss of $2,777 in the comparable three months ended June 30, 2010. We anticipate incurring ongoing operating losses and cannot predict when, if at all, we may expect these losses to plateau or narrow. As a result of the foregoing, our independent auditors have expressed substantial doubt about our ability to continue as a going concern in the independent auditors’ report to the financial statements included in our annual report. If our business fails, our investors may face a complete loss of their investment.

Results of operations for the six month periods ended June 30, 2011 and 2010 and from inception to June 30, 2011

During the six month periods ended June 30, 2011 and 2010, we did not generate any revenues, and therefore did not incur any costs associated with sales of products. Since our inception on March 29, 2006 through June 30, 2011, we generated a total of $510 in sales. Total cost of goods sold since our inception to June 30, 2011, is $491, resulting in a gross profit of $19. We are unable to forecast the amount, if any, of revenues we will generate for the foreseeable future. We have no recurring customers and no source of guaranteed ongoing revenues. We have experienced marked difficulty in generating sales. We believe our lack of revenues during these years is attributable to our lackluster internet experience and thus far ineffective marketing efforts, as well as an inability to secure inventory that is materially different and desirable than is readily available at the majority of retailers.

For the six months ended June 30, 2011, we incurred operating expenses in the amount of $7,709, composed of $169 in depreciation expense, accounting fees of $6,250, professional fees of $890 and $90 in general office expenses. In the comparable six month period ended June 30, 2010, we incurred $8,954 in operating expenses. During the period, depreciation expense was $175, general office expenses were $1,552, accounting fees were $5,825 and professional fees totaled $1,402. From inception to June 30, 2011, our total operating expenses were $91,027, composed of depreciation expense of $1,049, general and administrative expenses of $79,510, $468 attributable to the impairment of obsolete inventory and executive compensation of $10,000, which was paid in the form of 10,000,000 shares of common stock to officers and directors of the Company. We expect to continue to incur general and administrative expenses for the foreseeable future, although we cannot estimate the extent of these costs.

During the six month periods ended June 30, 2011 and 2010, we recorded provisions for income taxes of $0 and $50, respectively, related to the minimum tax payable to the State of Arizona. For the period from our inception to June 30, 2011, we recorded total provisions for income taxes of $145.

As a result of our minimal revenues and incurring ongoing expenses related to the implementation of our business plan, we have experienced net losses in all periods since our inception on January 8, 2007. In the six month period ended June 30, 2011, our net loss totaled $7,709, compared to a net loss of $9,004 in the comparable six months ended June 30, 2010. Since our inception, we have accumulated net losses in the amount of $91,153. We anticipate incurring ongoing operating losses and cannot predict when, if at all, we may expect these losses to plateau or narrow. As a result of the foregoing, our independent auditors have expressed substantial doubt about our ability to continue as a going concern in the independent auditors’ report to the financial statements included in our annual report. If our business fails, our investors may face a complete loss of their investment.

Liquidity and continuing operations

In order for us to achieve profitability and support our planned ongoing operations, we estimate that we must begin generating a minimum of $40,000 sales in the next 12 months. Unfortunately, without saleable inventory on hand, we cannot guarantee that we will generate any additional sales, let alone achieve that target. Our management has identified increasing exposure of our website as our top priority for the next twelve months to assist us in reaching our goal of $40,000 in sales.

Our management expects that we will experience net cash out-flows through at least fiscal year 2011, given the developmental nature of our business. We believe that our cash on hand as of June 30, 2011, in the amount of $764, is insufficient to maintain our operations. If we do not generate sufficient revenues and cash flows to support our operations, or if our costs of operations increase unexpectedly, we may need to raise capital by conducting additional issuances of our equity or debt securities for cash. We cannot assure you that any financing can be obtained or, if obtained, that it will be on reasonable terms. As such, our principal accountants have expressed substantial doubt about our ability to continue as a going concern because we have limited operations and have not fully commenced planned principal operations.

Our management does not anticipate the need to hire additional full- or part- time employees over the next 12 months, as the services provided by our current officers and directors appear sufficient at this time. Our officers and directors work for us on a part-time basis, and are prepared to devote additional time, as necessary. We do not expect to hire any additional employees over the next 12 months.

No development related expenses have been or will be paid to our affiliates.

Our management does not expect to incur research and development costs.

We do not have any off-balance sheet arrangements.

We currently do not own any significant plant or equipment that we would seek to sell in the near future.

We have not paid for expenses on behalf of our directors. Additionally, we believe that this fact shall not materially change.

We currently do not have any material contracts and or affiliations with third parties.

Off-Balance Sheet Arrangements

We do not have any off-balance sheet arrangements.

Controls and Procedures

Evaluation of Disclosure Controls and Procedures

As of June 30, 2011, our management, with the participation of our President and Chief Executive Officer and our Senior Vice President and Chief Financial Officer, evaluated the effectiveness of our disclosure controls and procedures pursuant to Rule 13a-15(b) promulgated under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Based upon that evaluation, our President and Chief Executive Officer and our Chief Financial Officer concluded that, as of June 30, 2011, our disclosure controls and procedures were effective in ensuring that material information required to be disclosed by us in the reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms, including ensuring that such material information is accumulated by and communicated to our management, including our President and Chief Executive Officer and our Chief Financial Officer, as appropriate to allow timely decisions regarding required disclosure.

Changes in internal controls over financial reporting

There was no change in our internal controls over financial reporting that occurred during the period covered by this report, which has materially affected, or is reasonably likely to materially affect, our internal controls over financial reporting.

PART II – OTHER INFORMATION

Unregistered Sales of Equity Securities and Use of Proceeds

Unregistered Offerings

On January 12, 2007, we issued 5,000,000 shares of our common stock to Mitch S. Powers, and issued another 5,000,000 shares of our common stock to Stephanie Lynn Erickson, our founding shareholders, officers and directors. This sale of stock did not involve any public offering, general advertising or solicitation. The shares were issued in exchange for services performed by these founding shareholders on our behalf in the amount of $10,000. Mr. Powers and Ms. Erickson received compensation in the form of common stock for performing services related to the formation and organization of our Company, including, but not limited to, designing and implementing a business plan and providing administrative office space for use by the Company; thus, these shares are considered to have been provided as founder’s shares. Additionally, the services are considered to have been donated, and have resultantly been expensed and recorded as a contribution to capital. At the time of the issuance, both Mr. Powers and Ms. Erickson had fair access to and were in possession of all available material information about our company, as Mr. Powers is the President and a director of Coyote Hills Golf, Inc., and Ms. Erickson is the Secretary-Treasurer of the company. The shares bear a restrictive transfer legend. On the basis of these facts, we claim that the issuance of stock to our founding shareholders qualifies for the exemption from registration contained in Section 4(2) of the Securities Act of 1933.

On March 28, 2007, we sold 300,000 shares of our common stock to Kamiar Khatami, an acquaintance of our founding shareholders. The shares were issued for total cash in the amount of $15,000. The shares bear a restrictive transfer legend. At the time of the issuance, Mr. Khatami had fair access to and was in possession of all available material information about our company, as she is a friend of the president and director of Coyote Hills Golf, Inc. The shares bear a restrictive transfer legend. On the basis of these facts, we claim that the issuance of stock to our founding shareholder qualifies for the exemption from registration contained in Section 4(2) of the Securities Act of 1933.

Exhibits and Reports on Form 8-K

Exhibit Number	Name and/or Identification of Exhibit

3	Articles of Incorporation & By-Laws

	(a) Articles of Incorporation *

	(b) By-Laws *

31	Rule 13a-14(a)/15d-14(a) Certifications

	(a) Mitch S. Powers

	(b) Stephanie Lynn Erickson

32	Certification under Section 906 of the Sarbanes-Oxley Act (18 U.S.C. Section 1350)

101	The following materials from the Quarterly Report on Form 10-Q of Coyote Hills Golf, Inc. for the quarter ended June 30, 2011, formatted in Extensible Business Reporting Language (XBRL): (i) the Balance Sheets, (ii) the Statements of Operations, (iii) the Statements of Cash Flows and (iv) the Notes to the Financial Statements.**

* Incorporated by reference herein filed as exhibits to the Company’s Registration Statement on Form SB-2 previously filed with the SEC on August 3, 2007, and subsequent amendments made thereto.

** Pursuant to Rule 406T of Regulation S-T, the Interactive Data Files on Exhibit 101 hereto are deemed not filed or part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, are deemed not filed for purposes of Section 18 of the Securities and Exchange Act of 1934, as amended, and otherwise are not subject to liability under those sections.

SIGNATURES

Pursuant to the requirements of the Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

COYOTE HILLS GOLF, INC.
(Registrant)

Signature	Title	Date

/s/ Mitch S. Powers	President and	August 15, 2011
Mitch S. Powers	Chief Executive Officer

/s/ Stephanie Lynn Erickson	Secretary-Treasurer	August 15, 2011
Stephanie Lynn Erickson	Chief Financial Officer

/s/ Stephanie Lynn Erickson	Chief Accounting Officer	August 15, 2011
Stephanie Lynn Erickson

SPINDLE, INC. - FORM 10-Q - August 15, 2011

Attached files

SPINDLE, INC. Reports