Attached files
file | filename |
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EX-31.2 - CERTIFICATION OF THE CHIEF FINANCIAL OFFICER PURSUANT TO SECTION 302 - FORMCAP CORP. | formcap_ex3102.htm |
EXCEL - IDEA: XBRL DOCUMENT - FORMCAP CORP. | Financial_Report.xls |
EX-32.1 - CERTIFICATION OF THE CHIEF EXECUTIVE OFFICER PURSUANT TO SECTION 906 - FORMCAP CORP. | formcap_ex3201.htm |
EX-32.2 - CERTIFICATION OF THE CHIEF FINANCIAL OFFICER PURSUANT TO SECTION 906 - FORMCAP CORP. | formcap_ex3202.htm |
EX-31.1 - CERTIFICATION OF THE CHIEF EXECUTIVE OFFICER PURSUANT TO SECTION 302 - FORMCAP CORP. | formcap_ex3101.htm |
FORM 10-K/A
(Amendment No. 1)
Nevada
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1006772219
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(State or other jurisdiction of incorporation or organization)
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(IRS Employer Identification No.)
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Title of Each Class
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Name of Exchange on which Registered
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Preferred Stock ($0.001 par value)
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NASDAQ OTCBB
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Common Stock ($0.001 par value)
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Large accelerated filer
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o |
Accelerated filer
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o |
Non-accelerated filer
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o |
Smaller reporting company
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x |
EXPLANATORY NOTE
On April 15, 2015 the Company filed it's Annual Report on Form 10-K, however, the XBRL was not complete when the filing was ready to be filed and the XBRL Interactive Data files were not included with the original filing. The purpose of this Amendment No. 1 to Form 10-K is to include the XBRL Interactive Data files and to update the table on Page 18. No other changes have been made to the Form 10-K. Pursuant to Rule 406T of Regulation S-T, the interactive data files on Exhibit 101 hereto are deemed not filed or part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, are deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and otherwise are not subject to liability under those sections.
For the Year Ended
December 31,
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2014
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2013
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CASH FLOWS FROM OPERATING ACTIVITIES | ||||||||
Net (Loss) Income
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$ | (8,610,978 | ) | $ | (2,386,213 | ) | ||
Adjustments to reconcile net loss to net cash used by operating activities:
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Common stock and options issued for services
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54,950 | - | ||||||
Expenses paid on behalf of the Company
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32,800 | - | ||||||
Loss on impairment of assets
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516,802 | - | ||||||
Loss on settlement of debt
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7,978,406 | 2,274,000 | ||||||
Changes to operating assets and liabilities:
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Prepaid expenses and other current assets
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(6,875 | ) | - | |||||
Accounts payable and accrued liabilities
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36,167 | 43,353 | ||||||
Notes Receivable
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1,096 | (9,266 | ) | |||||
Net Cash Used in Operating Activities
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2,368 | (78,126 | ) | |||||
CASH FLOWS FROM INVESTING ACTIVITIES
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Purchase of oil and gas lease
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- | (6,802 | ) | |||||
Net Cash Used in Investing Activities
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- | (6,802 | ) | |||||
CASH FLOWS FROM FINANCING ACTIVITIES
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Proceeds from related party payables
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- | 15,000 | ||||||
Proceeds from convertible notes payable
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70,790 | |||||||
Repayment of convertible notes payable
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(3,000 | ) | - | |||||
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||||||||
Net Cash Provided by Financing Activities
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(3,000 | ) | 85,790 | |||||
NET INCREASE (DECREASE) IN CASH
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(632 | ) | 862 | |||||
CASH AT BEGINNING OF PERIOD
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910 | 48 | ||||||
CASH AT END OF PERIOD
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$ | 278 | $ | 910 | ||||
CASH PAID FOR:
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Interest
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$ | - | $ | 10 | ||||
NON CASH FINANCING ACTIVITIES:
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Common Stock issued for oil and gas lease
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$ | 2,310,000 | $ | 20,000 | ||||
Conversion of related party payables to common stock
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$ | - | $ | 425,000 | ||||
Extinguishment of related party notes payable and accounts payable
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$ | 6,055,000 | $ | 2,699,000 | ||||
Notes Payable Issued for Oil and Gas Lease
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$ | 110,000 | $ | 75,000 |
31.1 | Certification of the Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, filed herewith. | |
31.2 | Certification of the Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, filed herewith. | |
32.1 | Certification of the Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, filed herewith. | |
32.2 | Certification of the Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, filed herewith. | |
101.INS ** | XBRL Instance Document. | |
101.SCH ** | XBRL Taxonomy Extension Schema Document | |
101.CAL ** | XBRL Taxonomy Extension Calculation Linkbase Document | |
101.DEF ** | XBRL Taxonomy Extension Definition Linkbase Document | |
101.LAB ** | XBRL Taxonomy Extension Label Linkbase Document | |
101.PRE ** | BRL Taxonomy Extension Presentation Linkbase Document |
** XBRL (Extensible Business Reporting Language) information is furnished and not filed or a part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, is deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and otherwise is not subject to liability under these sections.