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EX-31 - 302 CERT - CEO - NEVADA CLASSIC THOROUGHBREDS INCrex311ceo12313.txt
EX-31 - 302 CERT - CFO - NEVADA CLASSIC THOROUGHBREDS INCrex312cfo123113.txt
EX-32 - 906 CERT - CEO - NEVADA CLASSIC THOROUGHBREDS INCrex321ceo123113.txt
EX-32 - 906 CERT - CFO - NEVADA CLASSIC THOROUGHBREDS INCrex322cfo123113.txt

                                   UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C.  20549

                                    FORM 10-QSB
              QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE
                            SECURITIES EXCHANGE ACT OF 1934

                  For the quarterly period ended December 31, 2013

                         Commission file number: 000-31154


                        NEVADA CLASSIC THOROUGHBREDS, INC.
                 (Name of small business issuer in its charter)


                NEVADA                                 86-1007952
----------------------------------------   ---------------------------------
       State of other jurisdiction         (IRS Employer Identification No.)
     of incorporation or organization)


6163 E. Greenway St., #2, Mesa, AZ 85205             (480) 890-0678
----------------------------------------  -----------------------------------
(Address of principal executive offices)       Issuer's telephone number


                                       None
                ----------------------------------------------------
                (Former name, former address and former fiscal year,
                           if changed since last report)

















                                   PART F/S

Financial Statements.  The following financial statements are attached
to this report and filed as a part thereof.






                           TABLE OF CONTENTS


                                                             PAGE NO.

PART I                                                            3

  Item 1:  FINANCIAL STATEMENTS

             Balance Sheet (unaudited)                            3

             Statement of Operations (unaudited)                  4

             Statement of Cash Flows (unaudited)                  6

             Notes to Financial Statements                        8

  Item 2:  PLAN OF OPERATION                                     10


PART II - OTHER INFORMATION                                      12

  Item 1:  Legal Proceedings                                     12

  Item 2:  Changes in Securities                                 12

  Item 3:  Defaults Upon Senior Securities                       12

  Item 4:  Submission of Matters to a Vote of Security Holders   12

  Item 5:  Other Information                                     12

  Item 6:  Exhibits and Reports on Form 8-K                      12


PART II - 3                                                      13



SIGNATURES                                                       13














                                 ~~PAGE 2~~

                      NEVADA CLASSIC THOROUGHBREDS, INC.
                        (A DEVELOPMENT STAGE COMPANY)
                        UNAUDITED FINANCIAL STATEMENT
                     FOR PERIOD ENDING DECEMBER 31, 2013

                                 BALANCE SHEET

                                    ASSETS
 CURRENT ASSETS
     Cash
       Corporate Checking                                  $       0
       Corporate Savings                                           0
       Demirosa, LLC Checking                                      0
       Syndication Accounts:
            Colt Checking                                          0
            Colt Checking                                          0
     Stallion Breeding Shares Inventory                            0
     Real Estate Investment                                   13,954
                                                           -----------
                                                           $  13,954
                                                           ===========




                      LIABILITIES AND STOCKHOLDERS' EQUITY
CURRENT LIABILITIES
     Accounts payable                                0
     Credit Line                                     0
STOCKHOLDERS' EQUITY
     Horse and Ranch Preferred Stock, par value $.001 per share:
       Authorized: 5,000,000 shares:
          (2,500,000 Horse Preferred and
           2,500,000 Ranch Preferred)
       Issued and outstanding: 4,000,000 shares:
          (2,000,000 Horse Preferred and
           2,000,000 Ranch Preferred)            4,000
     Common stock, par value $.001 per share:
       Authorized 5,000,000 shares
           1,900,000 shares issued & outstanding 1,900
     Paid-In capital in excess of par
       value of stock                               80
     Deficits accumulated during
       developmental stage                    (132,925)
TOTAL STOCKHOLDERS' EQUITY                                 $  13,954
                                                           -----------
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY
                                                           $  13,954
                                                           ===========



                            See Accompanying Notes

                                  ~~PAGE 3~~

                      NEVADA CLASSIC THOROUGHBREDS, INC.
                        (A DEVELOPMENT STAGE COMPANY)
                           STATEMENT OF OPERATIONS
                    FOR PERIOD ENDING DECEMBER 31, 2013


                                     DEC 31, 2013       DEC 31, 2012
                                    ---------------      -------------

REVENUE                              $           0       $          0

EXPENSES
  Development costs                              0                  0
  Administrative                                80                 80
  General                                        0                  0

TOTAL EXPENSES                       $           0                  0
                                      -------------       -----------
NET (LOSS)                           $     (    80)      $    (    80)
                                     ==============      =============


NET (LOSS) PER COMMON SHARE

       Basic and diluted             $       ( .00)     $       ( .00)
                                     ==============     ==============

WEIGHTED AVERAGE NUMBER OF COMMON
  SHARES OUTSTANDING

       Basic and diluted                 1,900,000          1,900,000
                                    ===============     ==============






















                           See Accompanying Notes

                                  ~~PAGE 4~~
                      NEVADA CLASSIC THOROUGHBREDS, INC.
                        (A DEVELOPMENT STAGE COMPANY)
                     STATEMENT OF OPERATIONS (continued)
                    FOR PERIOD ENDING DECEMBER 31, 2013


                                       DEC 31, 2013      DEC 31, 2012
                                       ------------      -------------
CASH FLOWS FROM OPERATING ACTIVITIES:
    Net (loss)                         $(       0)        $(        0)
    Adjustments to reconcile
      net (loss) to net cash
      provided by operating
      activities                                0                   0
    Fair market value of
         services                               0                   0
    Increase in paid in capital
       in excess of par value
       for payment of expenses
       by stockholders                         80                  80
    Changes in operating
       assets and liabilities:
         Accounts payable                       0                   0
                                        -----------        -----------

CASH PROVIDED BY LONG-TERM
   NOTES PAYABLE                     $          0           $       0

NET CASH PROVIDED BY OPERATING
   ACTIVITIES                                   0                   0

CASH FLOWS FROM INVESTING
   ACTIVITIES                                   0                   0

CASH FLOWS FROM FINANCING
   ACTIVITIES                                   0                   0
                                        ----------         ------------
NET INCREASE (DECREASE)IN CASH AND
   CASH BALANCE AT DEC 31             $    (   80)           $  (  80)
                                        ==========         ============














                           See Accompanying Notes

                                  ~~PAGE 5~~
                      NEVADA CLASSIC THOROUGHBREDS, INC.
                        (A DEVELOPMENT STAGE COMPANY)
                           STATEMENT OF CASH FLOWS
                     FOR PERIOD ENDING DECEMBER 31, 2013

                                       DEC 31, 2013       DEC 31, 2012
                                    ------------------   -------------

CASH FLOWS FROM OPERATING
  ACTIVITIES:
    Net (loss)                      $    (      0)          $ (     0)
    Adjustments to reconcile
      net (loss) to net cash
      provided by operating
      activities                                0                   0

    Fair market value of
         services                               0                   0

    Increase in paid in capital
       in excess of par value of
       stock for payment of
       expenses by stockholders                80                  80

  Changes in operating
    assets and liabilities:
      Accounts payable                          0                   0
                                    --------------         -----------


NET CASH PROVIDED BY OPERATING
   ACTIVITIES                        $          0            $      0

CASH FLOWS FROM LOANS BY PRINCIPAL
OFFICER AND OPERATIONS MGR           $          0                   0

CASH FLOWS FROM INVESTING
   ACTIVITIES                                   0                   0

CASH FLOWS FROM FINANCING
   ACTIVITIES                                   0                   0

NET INCREASE (DECREASE) IN CASH
AND CASH BALANCE AT DEC 31, 2013     $     (   80)          $  (   80)







                            See Accompanying Notes

                                  ~~PAGE 6~~



                      NEVADA CLASSIC THOROUGHBREDS, INC.
                        (A DEVELOPMENT STAGE COMPANY)
                     STATEMENT OF CASH FLOWS (continued)
                    FOR PERIOD ENDING DECEMBER 31, 2013

                                       DEC 31, 2013       DEC 31, 2012
                                      --------------     --------------

SUPPLEMENTAL DISCLOSURE OF CASH
  FLOW INFORMATION

    Cash paid for interest                $       0           $      0
                                          =========          =========
    Cash paid for taxes                   $       0           $      0
                                          =========          =========

SCHEDULE OF NON-CASH INVESTING AND FINANCING ACTIVITIES

   Fair market value of services
    donated by stockholders                $      0           $      0
                                          =========          =========

   Increase in paid in capital
    in excess of par value of stock
    for payment of expenses
    paid by stockholders                  $      80          $      80
                                          =========          =========



























                           See Accompanying Notes

                                  ~~PAGE 7~~
                      NEVADA CLASSIC THOROUGHBREDS, INC.
                        (A DEVELOPMENT STAGE COMPANY)
                        UNAUDITED FINANCIAL STATEMENT
                    FOR PERIOD ENDING DECEMBER 31, 2013
                        NOTES TO FINANCIAL STATEMENTS

NOTE 1:  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The company uses SOP 85-3, breeding horses under development. The horse
evaluation is adding in direct costs to the value of the horses under
development. The value is the lower of cost or established market value, until
breeding maturity, then the horses are depreciated through the life of the

breeding career. Pursuant to discussions with staff of the Securities and
Exchange Commission in January of 2006 and in keeping with SOP 85-3 regarding
evaluations of breeding stock, the following accounting practices have been
adopted and adjustments as of March 31, 2006.

Any financial statements prior to March 31, 2006 will be inaccurate, as they do
not reflect SOP 85-3, breeding horses under development, and should not be
relied upon for any meaningful representations of the company's financial
position.

Accounting Estimates
--------------------

Management uses estimates and assumptions in preparing financial statements in
accordance with accounting principles generally accepted in the United States of
America. Those estimates and assumptions affect the reported amounts of assets
and liabilities, the disclosure of contingent assets and liabilities, and the
reported revenues and expenses. Actual results could vary from the estimates
that were used.

Income Taxes
------------

Provisions for income taxes are based on taxes payable or refundable for the
current year and deferred taxes on temporary differences between the amount of
taxable income and pretax financial income and between the basis of assets and
liabilities and their reported amounts in the financial statements. Deferred tax
assets and liabilities are included in the financial statements at currently
enacted income tax rates applicable to the period in which the deferred tax
assets and liabilities are expected to be realized or settled as prescribed in
FASB Statement No. 109, "Accounting for Income Taxes." As changes in tax laws or
rates are enacted, deferred tax assets and liabilities are adjusted through the
provision for income taxes.

Net (Loss) Per Share
--------------------

The Company adopted Statement of Financial Accounting Standards No. 144 that
requires the reporting of both basic and diluted earnings (loss) per share.
Basic earnings (loss) per share is computed by dividing net income (loss)
available to common stockholders by the weighted average number of common shares
outstanding for the period. Diluted earnings (loss) per share reflects the

                                  ~~PAGE 8~~
potential dilution that could occur if securities or other contracts to issue
common stock were exercised or converted into common stock. In accordance with
FASB 128, any anti-dilutive effects on net loss per share are excluded.

Long-Lived Assets
-----------------

Statement of Financial Accounting Standards No. 144, "Accounting for the
Impairment of Long-Lived Assets and for Long-Lived Assets to be Disposed Of,"
requires that long-lived assets be reviewed for impairment whenever events or
changes in circumstances indicate that the carrying amount of the asset in
question may not be recoverable.

Note 2:  PREFERRED STOCK

No special rights or preferences have been assigned to the preferred stock.

NOTE 3:  DEVELOPMENT STAGE OPERATIONS

As of June 30, 2013 the Company was in the development stages of operations.
According to the Financial Accounting Standards Board of the Financial
Accounting Foundation, a development stage Company is defined as a company that
devotes most of its activities to establishing a new business activity. In
addition, planned principle activities have not yet commenced.

The Company did not expense any development costs as per donation or gift from
the shareholders for the period from June 30, 2013 to June 30, 2014.

Note 4:  FINANCIAL STATEMENT OF AN INACTIVE REGISTRANT

Under 17 CFR 210.3-11, the Company does not need to provide an audited or
reviewed quarterly report.

Reg. 17CFR210.3-11

     (a)  Gross Receipts from all sources for the fiscal year are not in excess
of $100,000;

     (b)  The registrant has not purchased or sold any of its own stock,
granted options therefore, or levied assessments upon outstanding stock;

     (c)  Expenditures for all purposes for the fiscal year are not in excess
of $100,000;

     (d)  No material change in the business has occurred during the fiscal
year, including any bankruptcy, reorganization, readjustment or succession or
any material acquisition or disposition of plants, mines, mining equipment,
mine rights or leases; and

     (e)  No exchange upon which the shares are listed, or governmental
authority having jurisdiction, requires the furnishing to it or the publication
of audited financial statements.




                                ~~PAGE 9~~
Note 5:  LONG TERM LIABILITIES - NOTES PAYABLE

In the minutes of the Company, the Company's officers and directors would pay
the expenses of the Company up to June 30, 2014, or until the Company can pay
its operation costs as determined by the Company's officers and directors.
After June 30, 2014, the Company would reimburse the officers and directors
for any direct expenses paid into the Company.

The payback of the long-term liabilities will be within a five-year period with
a simple yearly interest rate of 5% on any outstanding balance.

Note 6:  SALARY - BY COMMON STOCK

In the corporate minutes the salary paid to the Chief Executive Officer is
donated to the company by the Chief Executive Officer until the Company can pay
its operation costs as determined by the Company's officers and directors.


                        ITEM 2:   PLAN OF OPERATION

The following discussion and analysis should be read in conjunction with the
financial statements, including the notes thereto, appearing elsewhere in this
report.

The company in its developmental stage is now revising its analysis of the
prospective stallions for purchase.

The company has elected to purchase racing colts and develop them into
breeding stallions, as its primary function. This function is the heart of the
thoroughbred industry, where the most expensive horses are bought and sold, and
thus, the most important sector of the thoroughbred industry for profit to the
company. If the analysis of the prospective stallions is reasonably accurate,
then the company believes that it has the ability to purchase top breeding
and racing stallion prospects at a fraction of the cost of producing and
maintaining breeding stock to potentially accomplish the same purpose. It
appears obvious that, as long as the company enjoys its PGMRN advantage, that of
identifying potential top breeding and racing stallions, it can purchase these
stallion prospects at a much lower price than it can produce them at this point
in time. Therefore, the company is going to specialize in selecting these
prospects until such time as it is more economical to produce such stallions.
Having the ability to purchase breeding and racing stallion prospects at a
substantially lower price than it would cost to produce them, is a substantial
benefit to the company and eliminates the high risk of breeding and maintaining
broodmares.

The company's future plan of operation is to dispose of its marketing of its
horse products division of Internet horse product marketing. This disposal could
come by advertising, outright sale, spin-off, merger, or any other means the
company has in its arsenal to liquidate this asset to, instead, specialize in
only the purchase and sale of breeding and racing stallion prospects, as noted
above.

In general, any other assets not specifically used for this purpose will be
eliminated. Furthermore, these assets have been used and will more than likely


                                ~~PAGE 10~~
be sold at a substantial loss to the company. None of the officers or directors
of the company will purchase such assets for their own interests; rather, these
assets will strictly be advertised and sold to others outside the company at
current market prices.

RESULT OF OPERATION

Power Genetics Mathematical Racing Numbers(tm) (PGMRN)
------------------------------------------------------

The minimum objective of the racing and breeding of stallion prospects is to
produce race horses that win graded-stakes races. The maximum the company is
hoping for is that the horses can compete and win in the classic races.

The company's PGMRN is the company's tool used to evaluate the potential of the
racing and breeding ability of its race horses. This is the company's
proprietary information. These indexes are, as far as the company understands,
on the cutting edge of the horse industry, and very little data can be found
elsewhere in the industry. Therefore, there are uncertainties involved in these
Power Numbers. Specifically, will the company's colts' Power Numbers as the
colts reach maturity and racing age stay the same, increase or decrease? And
exactly how accurate are the company's Power Numbers which will need further
analysis of a controlled and uncontrolled class of horses further than the
company has been able to develop at the present.

Competition
-----------

The competition is catching up to the company in one aspect of NCT's proprietary
PGMRN Number Indexes, specifically Index 6. For example, Lost In The Fog, a
horse-of-the-year candidate in 2005, won ten straight races before being
defeated in the Breeders Cup Championship Series Sprint race. Lost In The Fog
was analyzed by a company that analyzes efficiency of stride. According to the
Breeders Cup announcers, they analyzed length of stride and time in the air, and
he was selected for this quality. This would imply that some individuals are
beginning to understand and apply the relationship of Index 6 to a quality of
the race horse.

The competition is still behind the company in using the total Power Numbers in
selecting horses for breeding and racing. The indicators are that some owners
and trainers are willing to go through the expense of analyzing Index indicator
Number 6 to help in their selection process, especially the select Kentucky
sales, where horses are sold for millions of dollars. However, the other
indicators seem to be unnoticed at the present time in comparing horses that
have good indicators to those that do not. Their price seems to be relatively
the same, and no correspondence seems to exist between the poor and good
indicators and the prices at which they are sold. The thoroughbred sales in
California and Texas have usually less expensive horses, and it is rare that
anyone would go to the expense of analyzing these horses because of their lower
auction prices. This gives the company a big advantage. The company can see the
horses a day before the sale, analyze hundreds of horses using the complete
Power Index Numbers rather than just Index 6, and purchase or bid on horses that
have the complete package.



                                ~~PAGE 11~~
MARKET MAKING

The company is in the process of obtaining a market maker for its stock, and
anticipates being on the Pink Sheets until the company meets the requirements of
the OTC Bulletin Board. While the company is in the process of securing a market
maker, there can be no guarantees that a market maker will be available, or that
the company will meet their requirements in order to make a market for the
company's securities.

FINANCIAL CONDITION AND LIQUIDITY

The Company expects to remain inactive. The Board of Directors intends to pay
A substantial portion of the company's expenses, as determined on an on-going
basis by the Board of Directors, until such time as the company is able to
produce a profit.

The company is in solid financial condition at the present time. The officers
and directors have paid the majority of the company's expenses, and the company
enjoys a substantial cash basis in savings and in horse syndications.


                          PART II - OTHER INFORMATION


Item 1:  Legal Proceedings
                None

Item 2:  Changes in Securities
                None

Item 3:  Defaults Upon Senior Securities
               None

Item 4:  Submission of Matters to a Vote of Security Holders
                None

Item 5:  Other Information
               None

Item 6:  Exhibits and Reports on Form 8-K

         Exhibit 31.1 - Certification of the Chief Executive
                        Officer pursuant to Rule 13A-14 or 15D-14
                        of the Securities Exchange Act of 1934,
                        as adopted pursuant to Section 302 of
                        the Sarbanes-Oxley Act of 2002.

         Exhibit 31.2 - Certification of the Acting Chief Financial
                        Officer pursuant to Rule 13A-14 or 15D-14
                        of the Securities Exchange Act of 1934, as
                        adopted pursuant to Section 302 of the
                        Sarbanes-Oxley Act of 2002.

         Exhibit 32.1 - Certification of the Chief Executive Officer
                        pursuant to 18 U.S.C. Section 1350 as adopted

                                ~~PAGE 12~~
                        pursuant to Section 906 of the Sarbanes-Oxley
                        Act of 2002.

         Exhibit 32.2 - Certification of the Acting Chief Financial
                        Officer pursuant to 18 U.S.C. Section 1350
                        as adopted pursuant to Section 906 of the
                        Sarbanes-Oxley Act of 2002.



                                PART II - 3

None


                                SIGNATURES


     Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, and the Financial Statements of an Inactive Registrant
pursuant to Regulation 17CFR210-3-11, the Registrant has duly caused this
Report to be signed on its behalf by the undersigned thereunder duly
authorized.

Nevada Classic Thoroughbreds, Inc.



Dated:  February 24, 2014            By:   /s/ Brad Brimhall
                                     ----------------------------------
                                     Brad Brimhall
                                     Chief Accounting Officer
                                        and Acting Chief Financial Officer



                                     By:  /s/ Brad Brimhall
                                     ----------------------------------
                                     Brad Brimhall
                                     Chief Executive Officer
















                                ~~PAGE 1