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 December 31, 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)

 

Nevada	333-190235	99-0385465
(State or other jurisdiction	(Commission File Number)	(IRS Employer
of Incorporation)		Identification Number)
	6501 E. Greenway Pkwy #103-412 Scottsdale, AZ 85254
	(Address of principal executive offices)
	(760) 413-3927
	(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 February 17, 2015, there were 29,645,000  shares of the registrant’s $0.001 par value common stock issued and outstanding.

ALTAIR INTERNATIONAL CORP.

QUARTERLY REPORT

PERIOD ENDED DECEMBER 31, 2014

 

TABLE OF CONTENTS

 

			Page No.
		PART I - FINANCIAL INFORMATION
Item 1.		Financial Statements	3
Item 2.		Management's Discussion and Analysis of Financial Condition and Results of Operations	10
Item 3.		Quantitative and Qualitative Disclosures About Market Risk	12
Item 4T.		Controls and Procedures	12
		PART II - OTHER INFORMATION
Item 1.		Legal Proceedings	13
Item1A.		Risk Factors	13
Item 2.		Unregistered Sales of Equity Securities and Use of Proceeds	13
Item 3.		Defaults Upon Senior Securities	13
Item 4.		Mine Safety Disclosures	13
Item 5.		Other Information	13
Item 6.		Exhibits	14
		Signatures	15

 

 

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. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

 

 

INDEX			F-1
Balance Sheets as of  December 31, 2014 (Unaudited) and March 31, 2014 (Audited)			F-2
Statements of Operations for the Three and Nine Months Ended December 31, 2014 and 2013 (Unaudited)			F-3
Statements of Cash Flows for the Nine Months Ended December 31, 2014 and 2013, (Unaudited)			F-4
Notes to the Financial Statements (Unaudited)			F-5

 

 

 

ALTAIR INTERNATIONAL CORP.
(A DEVELOPMENT STAGE COMPANY)
BALANCE SHEETS
		December 31,				March 31,
		2014				2014
		(Unaudited)				(Audited)
ASSETS
CURRENT ASSETS
Cash and cash equivalents		$	—			$	7,570
TOTAL CURRENT ASSETS			—				7,570
DISTRIBUTION AND SALES LICENSE			200,000				—
TOTAL ASSETS		$	200,000			$	7,570
LIABILITIES AND STOCKHOLDERS' EQUITY
CURRENT LIABILITIES
Accounts payable		$	101,300			$	2,000
Loan from Stockholder			6,400				6,400
Loan from Related Party			104,575				—
TOTAL CURRENT LIABILITIES			212,275				8,400
COMMITMENTS AND CONTINGENCIES			—				—
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)			(39,975	)			(28,530	)
TOTAL STOCKHOLDERS' EQUITY			(12,275	)			(830	)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY		$	200,000			$	7,570

 

 

The accompanying notes are an integral part of these financial statements

ALTAIR INTERNATIONAL CORP.
(A DEVELOPMENT STAGE COMPANY)
STATEMENT OF OPERATIONS
(UNAUDITED)
			Three Month				Three Month				Nine Month				Nine Month
			Period Ended				Period Ended				Period Ended				Period Ended
			December 31				December 31				December 31				December 31
			2014				2013				2014				2013
Selling, general and administrative expenses		$	2,625			$	19,360			$	11,445			$	25,088
(Loss) from operations			(2,625	)			(19,360	)			(11,445	)			(25,088	)
Provision for income taxes			—				—				—				—
Net (loss)		$	(2,625	)		$	(19,360	)		$	(11,445	)		$	(25,088	)
Weighted average shares outstanding - basic and diluted			4,235,000				3,320,435				4,235,000				3,107,200
(Loss) per shares - basic and diluted		$	—			$	—			$	—			$	—

 

 

The accompanying notes are an integral part of these financial statements

ALTAIR INTERNATIONAL CORP.
STATEMENT OF CASH FLOWS
(A DEVELOPMENT STAGE COMPANY)
(UNAUDITED)
		Nine Month				Nine Month
		Period Ended				Period Ended
		December 31				December 31
		2014				2013
CASH FLOWS FROM OPERATING ACTIVITIES
Net (loss)		$	(11,445	)		$	(25,088	)
Adjustment to reconcile net loss to net
cash used in operating activities:
Changes in:
Accounts payable			99,300				1,500
Net cash used in operating activities			87,855				(23,588	)
CASH FLOWS FROM INVESTING ACTIVITIES
Acquisition of distribution and sales license			(200,000	)			—
Net cash used in investing activities			(200,000	)			—
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from loan from related party			104,575				—
Proceeds from issuance of common stock			—				24,700
Proceeds from loans from stockholder			—				6,300
Net cash provided by financing activities			104,575				31,000
NET DECREASE IN CASH AND CASH EQUIVALENTS			(7,570	)			7,412
CASH AND CASH EQUIVALENTS
Beginning of the period			7,570				3,019
End of the period		$	—			$	10,431
Supplemental disclosures of cash flow information
Taxes paid		$	—			$	—
Interest paid		$	—			$	—

 

 

The accompanying notes are an integral part of these financial statements

ALTAIR INTERNATIONAL CORP.

Notes to the Financial Statements

December 31, 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 had originally intended to commence operations in the field of concept architectural and interior design but has subsequently abandoned this endeavor. The Company now plans to enter the pharmaceutical and nutraceutical markets through the distribution and sale of nutraceutical, over-the-counter and prescription products manufactured using patented and proprietary oral thin film technology.

 

In management’s opinion all adjustments necessary for a fair statement of the results for the interim periods have been made, and that all adjustments have been made to maintain the books in accordance with GAAP. Furthermore, sufficient disclosures have been made in order to ensure that the interim financial statements will not be misleading.

 

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 $39,975 as of December 31, 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 and nine month periods ending December 31, 2014 and 2013 and year ending March 31, 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. As at February 19, 2015, 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 – SALES AND DISTRIBUTION LICENSE

 

On November 26, 2014, the Company entered into a license and distribution agreement with Cure Pharmaceutical Corporation (“Cure”) for the exclusive rights to distribute and sell in certain defined territories any product produced and supplied by Cure that contains Sildenafil and is delivered through an oral thin film. The defined territories include Asia, Brazil, the Middle East and Canada. For the sake of clarity, Asia is further defined as India, China, Malaysia, Indonesia, Taiwan, Japan, Philippines, and those other countries dependent on China’s SDA certification for their approval protocol of the Products. There is no expiry date to this agreement.

 

The agreement requires that the Company pay to Cure a fee in the aggregate amount of $200,000, payable in two equal $100,000 instalments. The Company made the first instalment prior to December 31, 2014. The second instalment is included in accounts payable as at December 31, 2014. This instalment was paid in January 2015, thereby completing the purchase of the license. This fee will be amortized over a ten year period commencing on the date of the first sale of product under the license.

 

NOTE 5 – 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 from December 20, 2012 (inception) to December 31, 2014, the Company sold a total of 4,235,000 shares of common stock for total cash proceeds of $27,700.

 

NOTE 6 – RELATED PARTY TRANSACTIONS

 

Since inception through December 31, 2014 a former Director loaned the Company $6,400 to pay for incorporation costs, general and administrative expenses and professional fees.  As December 31, 2014, the total loan amount was $6,400. The loan is non-interest bearing, due upon demand and unsecured.

 

From September 30, 2014 to December 31, 2014 a current officer and director loaned the Company $104,575 to pay for professional fees and general and administrative costs and to make the initial $100,000 license payment to Cure. The loan is non-interest bearing, due upon demand and unsecured.

 

NOTE 7 – SUBSEQUENT EVENTS

 

In January 2015, a current officer and director loaned the Company a further $100,000 to enable it to make the second instalment payment under the License and Distribution Agreement with Cure. This loan is also non-interest bearing, due upon demand and unsecured.

On February 9, 2015, the Company effectuated a forward stock split (the “Forward Split”) of its issued and outstanding common shares whereby every one (1) old share of the Company’s common stock was exchanged for seven (7) new shares of the Company's common stock. FINRA confirmed approval of the Forward Split on February 9, 2015.

In accordance with ASC 855-10, the Company has analyzed its operations from December 31, 2014 to February 17, 2015 and has determined that it has no other 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. The Company has now changed its focus and plans to enter the pharmaceutical and nutraceutical markets through the distribution and sale of nutraceutical, over-the-counter and prescription products manufactured using patented and proprietary oral thin film technology. To this end, the Company has entered into a license and distribution agreement with Cure Pharmaceutical Corporation of Oxnard, CA for the exclusive rights to distribute and sell in certain defined territories any product produced and supplied by Cure that contains Sildenafil and is delivered through an oral thin film.

 

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 December 31, 2014				As of March 31, 2014
Total Current Assets		$	—			$	7,570
Total Current Liabilities			212,275				8,400
Working Capital (Deficit)		$	(212,275	)		$	(830	)

 

Cash Flows

			Nine Months Ended December 31, 2014				Nine Months Ended December 31, 2013
Cash Flows from (used in) Operating Activities		$	87,855			$	(23,588	)
Cash Flow from (used in) Investing Activities			(200,000	)			—
Cash Flows from (used in) Financing Activities			104,575				31,000
Net Increase (decrease) in Cash during period		$	(7,570	)		$	7,412

 

Operating Revenues

 

During the nine month period ending December 31, 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 December 31, 2014 were $2,625 consisting of general and administrative expenses which includes corporate overhead and financial and contracted services, as compared to $19,360 for the three month period ended December 31, 2013.

 

Operating expenses during the nine month period ending December 31, 2014 were $11,445 consisting of general and administrative expenses which includes corporate overhead and financial and contracted services, as compared to $25,088 for the nine month period ended December 31, 2013.

 

Net loss for the three month period ended December 31, 2014 was $2,625, in comparison to a net loss of $19,360 for the three months ended December 31, 2013.  

 

Liquidity and Capital Resources

 

As at December 31, 2014, the Company’s current assets were $0 and at March 31, 2014 was $7,570. As at December 31, 2014, the Company had total liabilities of $212,275, consisting of $101,300 in accounts payable, $6,400 in loans from a stockholder and $104,575 in loans from a related party.  As at December 31, 2014, the Company had a working capital deficit of $212,275.    

 

Cash flow from/used in Operating Activities

 

We have not generated positive cash flows from operating activities. During the nine month period ended December 31, 2014, the Company used $87,855 of cash for operating activities. For the nine month period ended December 31, 2013, the Company used $23,588 of cash for operating activities.

 

 

Cash flow from Financing Activities

 

We have financed our operations primarily from either advancements or the issuance of equity and debt instruments. During the nine month period ended December 31, 2014, the Company received $104,575 of cash from financing activities. For the nine month period ended December 31, 2013 net cash provided by financing activities was $31,000.  

 

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 related parties 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 December 31, 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 December 31, 2014, that occurred during our third 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 quarterly 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.

 

ITEM 1A.

RISK FACTORS

 

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

 

Effective October 9, 2014, Homero Giovanni Penaherrera Zavala (“Mr. Zavala”) resigned from his positions as the current President, Chief Executive Officer, Chief Financial Officer, Secretary, Treasurer and Director of the Company. On October 9, 2014, Alan Smith (“Mr. Smith”) was appointed and accepted such appointment to serve as the Company’s President, Chief Executive Officer, Chief Financial Officer, Secretary, Treasurer, and Director of the Company to serve until the next annual meeting or until his successor is duly appointed, as reported in our Current Report on Form 8-K filed with the Commission on October 10, 2014.

 

Effective November 13, 2014, the Company changed its principal executive office address to 6501 E. Greenway Pkwy #103-412, Scottsdale, Arizona 85254 and has changed its telephone number to (760) 413-3927.

 

ITEM 6.

EXHIBITS

 

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.
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.

 

 

 

		ALTAIR INTERNATIONAL CORP.
Date: February 19, 2015		/s/ Alan M. Smith
		By: Alan M. Smith
		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:

 

 

Date: February 19, 2015		/s/ Alan M. Smith
		By: Alan M. Smith
		Its: President, CEO, CFO, Secretary, Treasurer and Director

 

 

 

 

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