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EX-31.1 - HOLLYWOOD ENTERTAINMENT EDU HOLDING, INC.ex31-1.htm
EX-32.1 - HOLLYWOOD ENTERTAINMENT EDU HOLDING, INC.ex32-1.htm
EX-31.2 - HOLLYWOOD ENTERTAINMENT EDU HOLDING, INC.ex31-2.htm

 

 

 

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 nine months ended: September 30, 2015

 

[  ] 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: 000-53069

 

 

HOLLYWOOD ENTERTAINMENT EDU HOLDING, INC.

(Exact Name of Registrant as Specified in Its Charter)

 

Delaware   26-1702585
(State or other jurisdiction of   (I.R.S. Employer
incorporation or organization)   Identification No.)

 

1875 Century Park East, 6th Floor

Century City, CA 90067

(Address of Principal Executive Offices)

 

323-998-7187

(Registrant’s telephone number, including area code)

 

Indicate by check mark whether the registrant (1) has 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 [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 (§ 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 [X] 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 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 [  ]

 

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes [X] No [  ]

 

The number of shares outstanding of each of the issuer’s classes of common stock, as of October 23, 2015 is as follows:

 

Class of Securities   Shares Outstanding
Common Stock, $0.00001 par value   62,030,000

 

 

 

 
 

 

PART I – FINANCIAL INFORMATION

 

Item 1. Financial Statements

 

HOLLYWOOD ENTERTAINMENT EDU HOLDING, INC.

 

TABLE OF CONTENTS

 

Condensed Balance Sheets at September 30, 2015 (Unaudited) and December 31, 2014   3
     
Condensed Statement of Operations for the Three and Nine Months Ended September 30, 2015 and 2014 (Unaudited)   4
     
Condensed Statement of Changes in Stockholders’ Equity for the Nine Months Ended September 30, 2015 (Unaudited)   5
     
Condensed Statement of Cash Flows for the Nine Months Ended September 30, 2015 and 2014 (Unaudited)   6
     
Notes to Condensed Financial Statements (Unaudited)   7 - 10

 

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HOLLYWOOD ENTERTAINMENT EDU HOLDING, INC.

CONDENSED BALANCE SHEETS

 

   September 30, 2015    December 31, 2014  
   (Unaudited)     
ASSETS:           
           
Current assets:           
Cash  $41,296   $54,989 
           
Total current assets   41,296    54,989 
TOTAL ASSETS   $41,296   $54,989 
           
LIABILITIES AND STOCKHOLDERS’ EQUITY:           
           
Current Liabilities:           
Accounts payable and accrued expenses  $3,679   $4,790 
Advances from officer, interest free   1,984    1,984 
Total current liabilities   5,663    6,774 
TOTAL LIABILITIES    5,663    6,774 
           
Stockholders’ Equity:           
Common stock, $.00001 par value, authorized 100,000,000 shares, 62,030,000 shares issued and outstanding at September 30, 2015 and at December 31, 2014, respectively   620    620 
Additional paid in capital   122,900    122,900 
Accumulated deficit   (87,887)   (75,305)
Total stockholders’ equity    35,633    48,215 
           
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY   $41,296   $54,989 

 

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

 

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HOLLYWOOD ENTERTAINMENT EDU HOLDING, INC.

CONDENSED STATEMENTS OF OPERATIONS

(Unaudited)

 

   For the Nine Months
Ended
   For the Three Months
Ended
 
   September 30,    September 30,  
   2015    2014    2015    2014  
Revenues   $   $   $   $ 
                     
Expenses                     
General and administrative   12,582    8,258    4,964    2,663 
                     
Total expenses   $12,582   $8,258   $4,964   $2,663 
                     
Net loss   $(12,582)  $(8,258)  $(4,964)  $(2,663)
                     
Loss per share - basic and diluted   $(0.00)  $(0.00)  $(0.00)  $(0.00)
                     
Weighted average common shares outstanding    62,030,000    62,030,000    62,030,000    62,030,000 

 

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

 

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HOLLYWOOD ENTERTAINMENT EDU HOLDING, INC.

STATEMENT OF CHANGES IN STOCKHOLDERS’ EQUITY

For the Nine Months Ended September 30, 2015

(Unaudited)

 

   Common Stock    Additional        Total  
   Number of
Shares
   Amount    Paid In
Capital
   Accumulated
Deficit
   Stockholders’
Equity
 
Balance - December 31, 2014    62,030,000   $620   $122,900   $(75,305)  $48,215 
                          
Net loss for period   -    -    -    (12,582)   (12,582)
                          
Balance - September 30, 2015    62,030,000   $620   $122,900   $(87,887)  $35,633 

 

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

 

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HOLLYWOOD ENTERTAINMENT EDU HOLDING, INC.

CONDENSED STATEMENTS OF CASH FLOWS

(Unaudited)

 

   For the Nine Months Ended  
   September 30,  
   2015     2014  
         
Cash flows used in operating activities           
           
Net loss  $(12,582)  $(8,258)
           
Non-cash adjustments:           
           
 Decrease in accounts payable and accrued expenses   (1,111)   (2,403)
           
Net cash flows used in operating activities    (13,693)   (10,661)
           
Net change in cash and cash equivalents    (13,693)   (10,661)
           
Cash and cash equivalents – beginning of period    54,989    72,341 
           
Cash and cash equivalents – end of period   $41,296   $61,680 

 

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

 

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HOLLYWOOD ENTERTAINMENT EDU HOLDING, INC.

NOTES TO THE CONDENSED FINANCIAL STATEMENTS

For the Nine Months Ended September 30, 2015 and 2014

(Unaudited)

 

Note A – GENERAL ORGANIZATION AND BUSINESS

 

Our History and Background

 

We were incorporated in the State of Delaware on November 8, 2007. Since inception, we have been engaged in organizational efforts, obtaining financing and establishing the groundwork both in China and in the U.S. to organize training programs for Chinese students and participants who wish to pursue higher levels of practical education in the entertainment industry with leading U.S. film schools and colleges. We also plan to acquire, invest and manage certain compatible training and educational businesses located in China.

 

We were originally formed as a vehicle to pursue a business combination through the acquisition of, or merger with, an operating business and/or entering into collaboration and joint venture agreements with existing businesses compatible with our core business objectives. Accordingly, we have focused our efforts on identifying possible business combinations, acquisitions, and/or compatible joint ventures and business opportunities and further developing our core business related to the field of entertainment, particularly with music, motion picture and TV production, and animation, and in the field of education, vocational training and business/financial services. As the Company has not yet commenced any significant revenue-generating operations, does not have any cash flows from operations, and is dependent on debt and equity funding to finance its operations, the Company was considered a development stage company through December 31, 2014. In June 2014, as discussed in Note C, the Financial Accounting Standards Board issued new guidance that removed all incremental financial reporting requirements from generally accepted accounting principles in the United States for development stage entities. The Company has adopted this new guidance, and as a result of which all inception-to-date financial information and disclosures have been omitted from this report.

 

On August 3, 2014 the Company entered into a Letter of Intent with the China Tactician University Company Limited (“Tactician Group”) which is a Hong Kong corporation owning a variety of Chinese companies involved in a wide range of education and training, including vocational training to middle management as well as operating regional colleges. The Letter of Intent outlines the plan for the Company to acquire a 51% controlling interest of the Tactician Group. A due diligence process has commenced whereby the Company will evaluate the audited financial statements of the Tactician Group to be able to work towards a more definitive merger agreement during the first half of 2016.

 

On September 3, 2014 the Company entered into a Stock Purchase Agreement with Gold Street Holding (China) Co., Limited (“Gold Street Group”) whereby the Company intends to acquire 100% of Gold Street Group in a cashless acquisition with up to 3,000,000 of the Company’s common shares valued at $2.50 per share. Gold Street Group is a Hong Kong corporation owning 100% of The Bond Trustworthy Financial Consultant (Beijing) Co., Ltd. (AKA “Youbang Prudential”) – which in turn owns 100% of Lande Asia Pacific (Beijing) consulting Co., Ltd.; 70% of Lande Asia Pacific Commercial (Beijing) Co., Ltd.; 70% of Shanghai Bofeng Business Consulting Co., Ltd. and 70% of Beijing Hanya Investment Advisory Co. Ltd. Subject to the completion of due diligence by the Company, the acquisition of the Gold Street Group is scheduled to become effective during first quarter , 2016. The operations of the Gold Street Group are summarized as follows:

 

Gold Street Holding (China) Co., Limited, the Hong Kong parent company owning 100% of The Bond Trustworthy Financial Consultant (Beijing) Co., Ltd. (AKA “Youbang Prudential”);

 

The Bond Trustworthy Financial Consultant (Beijing) Co., Ltd. (AKA “Youbang Prudential”). Based in Beijing and formed in China on January 13, 2006, this is the Chinese “interior” holding company for the other four Gold Street Group companies, which also operate within mainland China. This company is qualified and registered to accept foreign investments in China and, through the engagement of independent accounting personnel, it is licensed to provide financial and accounting services to a variety of Chinese businesses, including providing such services to local municipalities and governmental agencies;

 

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Lande Asia Pacific (Beijing) Consulting Co., Ltd. was formed in China on November 25, 2002 and is 100% owned by The Bond Trustworthy Financial Consultant (Beijing) Co., Ltd. (AKA “Youbang Prudential”). It provides consulting services for the marketing of certain banking products to bank customers;

 

Shanghai Bofeng Business Consulting Co. Ltd. was formed in China on December 18, 2013 and is 70% owned by The Bond Trustworthy Financial Consultant (Beijing) Co., Ltd. (AKA “Youbang Prudential”). It provides sales, marketing and management services and training to staff employed in the automotive retail industry in China; and

 

Beijing HanYa Investment Advisory Co. Ltd. was formed in China on June 24, 1997 and is 70% owned by The Bond Trustworthy Financial Consultant (Beijing) Co., Ltd. (AKA “Youbang Prudential”). It is a trans-regional, all-dimensional investment services company, including acting as a fund raising agency, a finance guarantee provider, trademark services agency and audit and accounting services provider. Commencing 2015, it received the license to operate consumer foreign exchange (“FX”) agencies throughout China, beginning with opening up to 100 FX kiosks in Beijing and with the object of training personnel in the handling of authorized FX transactions.

 

The Company was one of the main sponsors of a special Chinese exhibition of motion picture short films at the HollyShorts 2015 Film Festival in Hollywood, California on August 21, 2015. This event was held in collaboration with CCTV Micro Film Channel Division of the China Central Newsreels and Film Studio Group (“CCTV”). Sponsor cost paid by the Company in connection with this event totaled $1,034 during the three and nine months ended September 30, 2015.

 

Basis of Presentation

 

The financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”).

 

The condensed consolidated financial statements of the Company as of and for nine months ended September 30, 2015 and 2014 are unaudited. In the opinion of management, all adjustments (including normal recurring adjustments) have been made that are necessary to present fairly the financial position of the Company as of September 30, 2015, the results of its operations and its cash flows for the three and nine months ended September 30, 2015 and 2014. Operating results for the interim periods presented are not necessarily indicative of the results to be expected for a full fiscal year. The balance sheet at December 31, 2014 has been derived from the Company’s audited financial statements included in the Form 10-K for the year ended December 31, 2014.

 

The statements and related notes have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). Accordingly, 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. These unaudited condensed financial statements should be read in conjunction with the financial statements and other information included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2014, as filed with the SEC on March 31, 2015.

 

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Note B – GOING CONCERN

 

The accompanying unaudited condensed financial statements have been prepared under the assumption that the Company will continue as a going concern. Such assumption contemplates the realization of assets and satisfaction of liabilities in the normal course of business. We have incurred recurring losses from operations, and utilized cash flow in operating activities since inception, and we have no recurring source of revenue. As of September 30, 2015, we have an accumulated deficit of $87,887. These factors, among others, raise substantial doubt about our ability to continue as a going concern. In addition, the Company’s independent registered public accounting firm, in its report on the Company’s December 31, 2014 financial statements, has raised substantial doubt about the Company’s ability to continue as a going concern. The financial statements do not include any adjustments that might be necessary should we be unable to continue as a going concern.

 

Management’s plan to support the Company in operations and to maintain its business strategy is to raise funds through public offerings and to rely on officers and directors to perform essential functions with minimal compensation. If we do not raise all of the money we need from public offerings, we will have to find alternative sources, such as a private placement of securities or loans or advances from our officers, directors or others. Such additional financing may not become available on acceptable terms and there can be no assurance that any additional financing that the Company does obtain will be sufficient to meet its needs in the long term. Even if the Company is able to obtain additional financing, it may contain undue restrictions on our operations, in the case of debt financing, or cause substantial dilution for our stockholders, in the case of equity financing. If we require additional cash and cannot raise it, we will either have to suspend operations or cease business entirely.

 

Note C – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

 

Use of Estimates

 

In preparing financial statements, management makes estimates and assumptions that affect the reported amounts of assets and liabilities in the balance sheet and revenues and expenses in the statement of operations. Actual results could differ from those estimates.

 

Basic and Diluted Net Loss Per Share

 

Our computation of earnings per share (“EPS”) includes basic and diluted EPS. Basic EPS is measured as the income (loss) available to common stockholders divided by the weighted average common shares outstanding for the period. Diluted income (loss) per share reflects the potential dilution, using the treasury stock method, that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the income (loss) of the Company as if they had been converted at the beginning of the periods presented, or issuance date, if later. In computing diluted income (loss) per share, the treasury stock method assumes that outstanding options and warrants are exercised and the proceeds are used to purchase common stock at the average market price during the period. Options and warrants may have a dilutive effect under the treasury stock method only when the average market price of the common stock during the period exceeds the exercise price of the options and warrants. Potential common shares that have an anti-dilutive effect (i.e., those that increase income per share or decrease loss per share) are excluded from the calculation of diluted EPS.

 

Income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the respective periods. Basic and diluted (loss) per common share is the same for periods in which the Company reported an operating loss because all warrants and stock options outstanding are anti-dilutive.

 

For the three and nine months ended September 30, 2015 and 2014 there were no potential dilutive securities.

 

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Recently Issued Accounting Pronouncements

 

On August 27, 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2014-15, “Disclosures of Uncertainties about an Entity’s Ability to Continue as a Going Concern”, which provides guidance on determining when and how to disclose going-concern uncertainties in the financial statements. The new standard requires management to perform interim and annual assessments of an entity’s ability to continue as a going concern within one year of the date the financial statements are issued. An entity must provide certain disclosures if conditions or events raise substantial doubt about the entity’s ability to continue as a going concern. The ASU applies to all entities and is effective for annual periods ending after December 15, 2016, and interim periods thereafter, with early adoption permitted. The Company is currently evaluating the impact of adopting ASU 2014-15 on its results of operations or financial condition.

 

In June 2014, the FASB issued ASU 2014-10, “Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements”. ASU 2014-10 eliminates the distinction of a development stage entity and certain related disclosure requirements, including the elimination of inception-to-date information on the statements of operations, cash flows and stockholders’ equity. The amendments in ASU 2014-10 will be effective prospectively for annual reporting periods beginning after December 15, 2014, and interim periods within those annual periods, however early adoption is permitted. The Company has adopted ASU 2014-10, thereby no longer presenting or disclosing any information required by Topic 915.

 

Other accounting pronouncements did not or are not believed by management to have a material impact on the Company’s present or future financial statements.

 

Note D – RELATED PARTY TRANSACTIONS

 

Certain of the Company’s officers provide advances to finance the Company’s working capital requirements. As of September 30, 2015 and December 31, 2014, total advances amounted to $1,984. The advances are unsecured, due on demand, and non-interest bearing.

 

During the three and nine months ended September 30, 2015 the Company incurred third party virtual office costs of totaling $585 and $2,136 respectively, which is included in general and administrative expenses on the accompanying statements of operations. Prior to January 1, 2015 the Company’s office facility had been provided, without charge, by the Company’s major stockholders. Such cost was not material to the financial statements and accordingly, has not been reflected therein. In view of the Company’s limited operations and resources, the major stockholders did not receive any compensation from the Company during the nine months ended September 30, 2015 and 2014.

 

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Item 2. Management’s Discussion and Analysis or Plan of Operation

 

Plan of Operation

 

While our plan is to locate a suitable acquisition or merger candidate and consummate a business combination, our plan also includes acting as a placement service in placing Chinese students with educational institutions in Los Angeles. In addition, through suitable acquisitions or business combinations, we plan to organize and operate training centers both in China and in the US. We may need additional cash investment from the sale of stock or through debt to advance our business objectives. Although it is currently anticipated that we can fund our operating expenses with our existing cash resources for at least the next twelve months, we can provide no assurance that we can necessarily continue to satisfy our cash requirements for a longer period without additional cash flow generated from an acquisition or business combination.

 

As described in Note A to the financial statements, with respect to our plan to find suitable merger candidates, we are in the process of finalizing our acquisition of the Gold Street Group through a “cashless” exchange of stock, which when completed will add significant assets, income and cash flow to our consolidated group in 2016. As also described in Note A, we are also in negotiation to acquire ( through a “cashless” exchange of stock) China Tactician University Company Limited (“Tactician Group”) which is a Hong Kong corporation owning a variety of Chinese companies involved in a wide range of education and training, including vocational training to middle management as well as operating regional colleges. A due diligence process has commenced whereby the Company will evaluate the audited financial statements of the Tactician Group to be able to work towards a more definitive merger agreement during the first half of 2016. These two acquisitions, if completed, will add a substantial amount of gross assets, revenue and net operating income to our financial statements.

 

It is anticipated that any securities issued in any such business combinations would be issued in reliance upon exemption from registration under applicable federal and state securities laws. In some circumstances, however, as a negotiated element of its transaction, the Company may agree to register all or a part of such securities immediately after the transaction is consummated or at specified times thereafter. If such registration occurs, it will be undertaken by the surviving entity after the Company has entered into an agreement for a business combination or has consummated a business combination. The issuance of additional securities and their potential sale into any trading market which may develop in the Company’s securities may depress the market value of the Company’s securities in the future if such a market develops, of which there is no assurance. However, if the Company cannot effect a non-cash acquisition, the Company may have to raise funds from a private offering of its securities under Rule 506 of Regulation D. There is no assurance the Company would obtain any such equity funding. The Company will participate in a business combination only after the negotiation and execution of appropriate agreements. Negotiations with a target company will likely focus on the percentage of the Company which the target company shareholders would acquire in exchange for their shareholdings. Although the terms of such agreements cannot be predicted, generally such agreements will require certain representations and warranties of the parties thereto, will specify certain events of default, will detail the terms of closing and the conditions which must be satisfied by the parties prior to and after such closing and will include miscellaneous other terms. Any merger or acquisition effected by the Company can be expected to have a significant dilutive effect on the percentage of shares held by the Company’s shareholders at such time.

 

Results of Operations

 

Since inception on November 8, 2007 through September 30, 2015, we had an accumulated net loss of $87,887 (which included a net loss of $12,582 for the nine months ended September 30, 2015), primarily relating to business development costs such as audit, SEC filings, legal, travel, virtual office and miscellaneous general and administrative costs, less nominal revenue of $20,000. However, we have cumulatively raised $123,500 from the issuance of our common stock and we had a cash balance of $41,296 at September 30, 2015.

 

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The Company has conducted limited operations since inception. In fourth quarter 2011 we received a nominal fee of $20,000 from a related party for the placement of Chinese students with an educational institution in Los Angeles and reflected this as revenue. The Company intends to explore similar opportunities and may receive future revenue from this type of activity. No such revenue was received however in either the nine months ending September 30, 2015 or 2014.

 

Liquidity and Capital Resources

 

The Company’s financial statements have been prepared under the assumption that the Company will continue as a going concern. Such assumption contemplates the realization of assets and satisfaction of liabilities in the normal course of business. We have incurred recurring losses from operations, and utilized cash flow in operating activities since inception, and we have no recurring source of revenue. As of September 30, 2015, we have an accumulated deficit of $87,887. These factors, among others, raise substantial doubt about our ability to continue as a going concern. In addition, the Company’s independent registered public accounting firm, in its report on the Company’s December 31, 2014 financial statements, has raised substantial doubt about the Company’s ability to continue as a going concern. The financial statements do not include any adjustments that might be necessary should we be unable to continue as a going concern.  

 

At September 30, 2015, the Company had cash of $41,296 (compared with a cash balance of $54,989 at December 31, 2014, respectively) remaining from the issuance of 10,030,000 common shares for cash during fourth quarter 2012. Management’s plan to support the Company in operations and to maintain its business strategy is to raise funds through public offerings and to rely on officers and directors to perform essential functions with minimal compensation. If we do not raise all of the money we need from public offerings, we will have to find alternative sources, such as a private placement of securities or loans or advances from our officers, directors or others. Such additional financing may not become available on acceptable terms and there can be no assurance that any additional financing that the Company does obtain will be sufficient to meet its needs in the long term. Even if the Company is able to obtain additional financing, it may contain undue restrictions on our operations, in the case of debt financing, or cause substantial dilution for our stockholders, in the case of equity financing. If we require additional cash and cannot raise it, we will either have to suspend operations or cease business entirely.

 

Off-Balance Sheet Arrangements

 

The Company does not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on the Company’s financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that is material to investors.

 

Item 3. Quantitative and Qualitative Disclosures About Market Risk

 

Not applicable.

 

Item 4. Controls and Procedures

 

Evaluation of Controls and Procedures.

 

In accordance with Exchange Act Rules 13a-15 and 15d-15, our management is required to perform an evaluation under the supervision and with the participation of the Company’s management, including the Company’s principal executive officer and principal financial officer, of the effectiveness of the design and operation of the Company’s disclosure controls and procedures as of the end of the period.

 

Evaluation of Disclosure Controls and Procedures

 

Based on their evaluation of our disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act) as of September 30, 2015, our Principal Executive Officer and our Principal Financial Officer have concluded that our disclosure controls and procedures were effective to ensure that the information required to be disclosed by us in this Report was recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and instructions for Form 10-Q.

 

Change in Internal Controls

 

No change in our internal control over financial reporting (as defined in Rules 13a-15(f) and 15d-15 (f) under the Exchange Act) occurred during the nine months ended September 30, 2015 that has materially affected, or is reasonably likely to materially affect, the Company’s internal control over financial reporting.

 

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HOLLYWOOD ENTERTAINMENT EDU HOLDING, INC.

 

PART II – OTHER INFORMATION

 

Item 1. Legal Proceedings.

 

None.

 

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.

 

None.

 

Item 3. Defaults Upon Senior Securities.

 

None.

 

Item 4. Mine Safety Disclosures.

 

None.

 

Item 5. Other Information.

 

None.

 

Item 6. Exhibits.

 

31.1 Certification by Chief Executive Officer pursuant to Sarbanes-Oxley Section 302*
   
31.2 Certification by Chief Financial Officer pursuant to Sarbanes-Oxley Section 302*
   
32.1 Certification by Chief Executive Officer and Chief Financial Officer pursuant to Section 906 of Sarbanes Oxley Act of 2002*

 

* Filed Herewith

 

Exhibit No.   Description
     
31*   Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
     
32*   Certification pursuant to Sections 906 of the Sarbanes-Oxley Act of 2002, 18 U.S.C. Section 1350.
     
101.INS**   XBRL Instance Document
     
101.SCH**   XBRL Taxonomy Extension Schema
     
101.CAL**   XBRL Taxonomy Extension Calculation Linkbase
     
101.DEF**   XBRL Taxonomy Extension Definition Linkbase
     
101.LAB**   XBRL Taxonomy Extension Label Linkbase
     
101.PRE**   XBRL Taxonomy Extension Presentation Linkbase

 

*Filed herewith

 

**Pursuant to Rule 406T of Regulation S-T, these interactive data files 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 or Section 18 of the Securities Act of 1934 and otherwise are not subject to liability.

 

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SIGNATURE

 

In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, there unto duly authorized.

 

Dated: October 23, 2015

 

  HOLLYWOOD ENTERTAINMENT EDU HOLDING, INC.
  (Registrant)
   
  /s/ David Lau
  David Lau
  Chief Executive Officer

 

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