UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C.20549

 

FORM 10-K

 

ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURUTIES EXCHANGE ACT OF 1934

 

For the fiscal year ended June 30, 2020

 

Commission file number 333-152805

 

Lake Forest Minerals, Inc.

(Exact Name of Registrant as Specified in Its Charter)

 

Nevada		26-2862618
(State or Other Jurisdiction of  Incorporation or Organization)		(I.R.S. Employer Identification No.)

 

711 S. Carson Street, Suite 4

Carson City, NV 89701

(Address of Principal Executive Offices including Zip Code)

 

(206)203-4100

(Telephone Number)

 

Resident Agents of Nevada, Inc.

711 S. Carson Street, Suite 4

Carson City, NV 89701

(775) 882 4641

(Name, Address and Telephone Number of Agent for Service)

 

Securities registered pursuant to Section 12(b) of the Act: None

 

Securities registered pursuant to section 12(g) of the Act:

 

Title of each class	Trading Symbol	Name of each exchange on which registered
Common Stock	LAKF	OTC Bulletin Board

 

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☐     No ☐

 

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act Yes ☐     No ☐

 

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 ☒     No ☐

  

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. ☐

 

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 Rule 12b-2 of the Exchange Act.

 

Large accelerated filer	☐	Accelerated filer	☐
Non-Accelerated filer	☐	Smaller reporting company	☒
		Emerging growth company	☒

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

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 December 31, 2019, the last day of registrant’s second fiscal quarter, the aggregate market value of the registrant’s common stock, $0.001 par value, held by non-affiliates, computed by reference to the price at which the common equity was last sold prior to December 31, 2019, was approximately $30,000.For purposes of the above statement only, all directors, executive officers and 10% shareholders are assumed to be affiliates. This determination of affiliate status is not necessarily a conclusive determination for other purposes.

 

As of September 4, 2020, the registrant had 11,000,000 shares of common stock issued and outstanding.  No market value has been computed based upon the fact that no active trading market had been established as of September 4, 2020.

      

 

LAKE FOREST MINERALS, INC.

TABLE OF CONTENTS

 

			Page No.
Part I
Item 1.	Business		3
Item 1A.	Risk Factors		6
Item 1B.	Unresolved Staff Comments		6
Item 2.	Properties		6
Item 3.	Legal Proceedings		6
Item 4.	Mine Safety Disclosures		6
Part II
Item 5.	Market for Registrant’s Common Equity, Related Stockholder Matters And Issuer Purchases of Equity Securities		7
Item 6.	Selected Financial Data		8
Item 7.	Management’s Discussion and Analysis of Financial Condition and Results of Operations		8
Item 7A.	Quantitative and Qualitative Disclosures About Market Risk		11
Item 8.	Financial Statements		12
Item 9.	Changes in and Disagreements with Accountants on Accounting and Financial Disclosure		20
Item 9A(T).	Controls and Procedures		20
Item 9B.	Other Information		21
Part III
Item 10.	Director, Executive Officer and Corporate Governance		22
Item 11.	Executive Compensation		23
Item 12.	Security Ownership of Certain Beneficial Owners and Management		24
Item 13.	Certain Relationships, Related Transactions, and Director Independence		25
Item 14.	Principal Accounting Fees and Services		25
Part IV
Item 15.	Exhibits		25
Signatures			26

 

2

Table of Contents

 

Part I

 

Item 1. Business

 

You should read the following summary together with the more detailed business information and the financial statements and related notes that appear elsewhere in this annual report. In this annual report, unless the context otherwise denotes, references to “we”, “us”, “our”, “the Company”, “Lake Forest” and “Lake Forest Minerals” are to Lake Forest Minerals Inc.

 

Lake Forest Minerals was incorporated in the State of Nevada on June 23, 2008. We are a development stage company with no revenues or operating history.

 

We have sold $42,000 in equity securities since inception, $12,000 from the sale of 8,000,000 shares of stock to our officer and director and $30,000 from the sale of 3,000,000 shares registered pursuant to our S-1 Registration Statement which became effective on August 18, 2008. The offering was completed on September 11, 2008.

 

Our financial statements from inception through the year ended June 30, 2020 report a net loss of $211,378, this raises substantial doubt as to our ability to continue as a going concern.

 

Effective June 26, 2008, the Company entered into a Mineral Property Option Agreement with T.L. Sadlier-Brown, whereby the Company obtained an option to acquire the VIN Mineral Claim located in the Princeton Mining Division of British Columbia.

 

Under the terms of the Agreement, the Company paid $2,500 by June 30, 2008, paid a further $5,000 by August 15, 2009 and in order to maintain the option was required to pay an additional $7,500 by June 30, 2010. Upon completion of the required payments the Company would have owned an undivided 100% interest in the VIN Mineral Claim subject to a 2% net smelter returns royalty reserved in favour of the Optionor.

 

Prior to completing the payments required under the Agreement, the Company had the right to conduct exploration and development activities on the property at its sole discretion and, having provided notice to the vendor, had the option to terminate the Agreement and relieve itself from any obligations thereunder.

 

On February 22, 2010 the Company provided notice to Mr. Sadlier-Brown, and terminated the Option Agreement and relieved itself from any obligations thereunder.

 

Our plan is to seek, investigate, and consummate a merger or other business combination, purchase of assets or other strategic transaction (i.e. a merger) with a corporation, partnership, limited liability company or other operating business entity (a “Merger Target”) desiring the perceived advantages of becoming a publicly reporting and publicly held corporation. We have no operating business, and conduct minimal operations necessary to meet regulatory requirements. Our ability to commence any operations is contingent upon obtaining adequate financial resources. We are currently considered a “shell” company inasmuch as we are not generating revenues, do not own an operating business, and have no specific plan other than to engage in a merger or acquisition transaction with a yet-to-be identified operating company or business. We have no employees and no material assets.

 

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We currently have no definitive agreements or understandings with any prospective business combination candidates and there are no assurances that we will find a suitable business with which to combine. The implementation of our business objectives is wholly contingent upon a business combination and/or the successful sale of our securities. We intend to utilize the proceeds of any offering, any sales of equity securities or debt securities, bank and other borrowings or a combination of those sources to effect a business combination with a target business which we believe has significant growth potential. While we may, under certain circumstances, seek to effect business combinations with more than one target business, unless additional financing is obtained, we will not have sufficient proceeds remaining after an initial business combination to undertake additional business combinations.

 

A common reason for a target company to enter into a merger with a shell company is the desire to establish a public trading market for its shares. Such a company would hope to avoid the perceived adverse consequences of undertaking a public offering itself, such as the time delays and significant expenses incurred to comply with the various federal and state securities law that regulate initial public offerings.

 

As a result of our limited resources, unless and until additional financing is obtained we expect to have sufficient proceeds to effect only a single business combination. Accordingly, the prospects for our success will be entirely dependent upon the future performance of a single business. Unlike certain entities that have the resources to consummate several business combinations or entities operating in multiple industries or multiple segments of a single industry, we will not have the resources to diversify our operations or benefit from the possible spreading of risks or offsetting of losses. A target business may be dependent upon the development or market acceptance of a single or limited number of products, processes or services, in which case there will be an even higher risk that the target business will not prove to be commercially viable.

 

Our officer is only required to devote a small portion of his time to our affairs on a part-time or as-needed basis. We expect to use outside consultants, advisors, attorneys and accountants as necessary, none of which will be hired on a retainer basis. We do not anticipate hiring any full-time employees so long as we are seeking and evaluating business opportunities.

 

We do not expect our present management to play any managerial role for us following a business combination. Although we intend to scrutinize closely the management of a prospective target business in connection with our evaluation of a business combination with a target business, our assessment of management may be incorrect.

 

In evaluating a prospective target business, we will consider several factors, including the following:

 

-	experience and skill of management and availability of additional personnel of the target business;

 

-	costs associated with effecting the business combination;

 

-	equity interest retained by our stockholders in the merged entity;

 

-	growth potential of the target business;

 

-	capital requirements of the target business;

 

-	capital available to the target business;

 

-	stage of development of the target business;

 

-	proprietary features and degree of intellectual property or other protection of the target business;

 

-	the financial statements of the target business; and

 

-	the regulatory environment in which the target business operates.

 

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The foregoing criteria are not intended to be exhaustive and any evaluation relating to the merits of a particular target business will be based, to the extent relevant, on the above factors, as well as other considerations we deem relevant. In connection with our evaluation of a prospective target business, we anticipate that we will conduct a due diligence review which will encompass, among other things, meeting with incumbent management as well as a review of financial, legal and other information.

 

The time and costs required to select and evaluate a target business (including conducting a due diligence review) and to structure and consummate the business combination (including negotiating and documenting relevant agreements and preparing requisite documents for filing pursuant to applicable corporate and securities laws) cannot be determined at this time. Our president intends to devote only a very small portion of his time to our affairs, and, accordingly, the consummation of a business combination may require a longer time than if he devoted his full time to our affairs. However, he will devote such time as he deems reasonably necessary to carry out our business and affairs. The amount of time devoted to our business and affairs may vary significantly depending upon, among other things, whether we have identified a target business or are engaged in active negotiation of a business combination.

 

We anticipate that various prospective target businesses will be brought to our attention from various sources, including securities broker-dealers, investment bankers, venture capitalists, bankers and other members of the financial community, including, possibly, the executive officers and our affiliates.

 

Various impediments to a business combination may arise, such as appraisal rights afforded the stockholders of a target business under the laws of its state of organization. This may prove to be deterrent to a particular combination.

 

Bankruptcy or Similar Proceedings

 

There has been no bankruptcy, receivership or similar proceeding.

 

Reorganizations, Purchase or Sale of Assets

 

There have been no material reclassifications, mergers, consolidations, or purchase or sale of a significant amount of assets not in the ordinary course of business.

 

Patents, Trademarks, Franchises, Royalty Agreements or Labor Contracts

 

We have no current plans for any registrations such as patents, trademarks, copyrights, franchises, concessions, royalty agreements or labor contracts. We will assess the need for any copyright, trademark or patent applications on an ongoing basis.

 

Need for Government Approval of Products or Services

 

We are not required to apply for or have any government approval for our products or services.

 

Research and Development Costs during the Last Two Years

 

We have not expended funds for research and development costs since inception.

 

Employees and Employment Agreements

 

Our only employee is our sole officer, Jeffrey Taylor. Mr. Taylor currently devotes 10 hours per week to company matters and he will continue to devote as much time as the board of directors determines is necessary to manage the affairs of the company. There are no formal employment agreements between the company and our current employee.

 

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Reports to Securities Holders

 

We provide an annual report that includes audited financial information to our shareholders. We make our financial information equally available to any interested parties or investors through compliance with the disclosure rules for a small business issuer under the Securities Exchange Act. We are subject to disclosure filing requirements, including filing Form 10-K annually and Form 10-Q quarterly. In addition, we will file Form 8-K and other proxy and information statements from time to time as required. We do not intend to voluntarily file the above reports in the event that our obligation to file such reports is suspended under the Exchange Act. The public may read and copy any materials that we file with the Securities and Exchange Commission, ("SEC"), at the SEC's Public Reference Room at 100 F Street NE, Washington, DC 20549. The public may obtain information on the operation of the Public Reference Room by calling the SEC at 1-800-SEC-0330. The SEC maintains an Internet site (http://www.sec.gov) that contains reports, proxy and information statements, and other information regarding issuers that file electronically.

 

Item 1A. Risk Factors

 

Not required for Smaller Reporting Companies.

 

Item 1B. Unresolved Staff Comments

 

None.

 

Item 2. Properties

 

We do not currently own any property. The company’s corporate documents are stored at the home of our president for no charge.The telephone number is (206)203-4100. The mailing address for the company is 711 S. Carson Street, Suite 4, Carson City, NV 89701. This is the address of our resident agent in Nevada. Due to the company’s limited capital resources and the nature of its business we determined this was the best arrangement for the company.Management believes the current arrangement is sufficient for its needs at this time.

 

We currently have no investment policies as they pertain to real estate, real estate interests or real estate mortgages.

 

Item 3. Legal Proceedings

 

We are not currently involved in any legal proceedings and we are not aware of any pending or potential legal actions.

 

Item 4. Mine Safety Disclosures

 

None.

 

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Part II

 

Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities

 

Our shares are quoted on the Over-the-Counter Electronic Bulletin Board (OTCBB) under the symbol “LAKF”. The OTCBB is a regulated quotation service that displays real-time quotes, last sale prices and volume information in over-the-counter securities. The OTCBB is not an issuer listing service, market or exchange. Although the OTCBB does not have any listing requirements per se, to be eligible for quotation on the OTCBB issuers must remain current in their filings with the SEC or applicable regulatory authority. Securities quoted on the OTCBB that become delinquent in their required filings will be removed following a 30 or 60 day grace period if they do not make their required filing during that time. We cannot guarantee that we will continue to have the funds required to remain in compliance with our reporting obligations.

 

There has been no active trading of our securities, and, therefore, no high and low bid pricing. As of the date of this report Lake Forest Minerals had 21 shareholders of record. We have paid no cash dividends and have no outstanding options.

 

Penny Stock Rules

 

The Securities and Exchange Commission has also adopted rules that regulate broker-dealer practices in connection with transactions in penny stocks. Penny stocks are generally equity securities with a price of less than $5.00 (other than securities registered on certain national securities exchanges or quoted on the Nasdaq system, provided that current price and volume information with respect to transactions in such securities is provided by the exchange or system).

 

A purchaser is purchasing penny stock which limits the ability to sell the stock. Our shares constitute penny stock under the Securities and Exchange Act. The shares will remain penny stocks for the foreseeable future. The classification of penny stock makes it more difficult for a broker-dealer to sell the stock into a secondary market, which makes it more difficult for a purchaser to liquidate his/her investment. Any broker-dealer engaged by the purchaser for the purpose of selling his or her shares in us will be subject to Rules 15g-1 through 15g-10 of the Securities and Exchange Act.Rather than creating a need to comply with those rules, some broker-dealers will refuse to attempt to sell penny stock.

 

The penny stock rules require a broker-dealer, prior to a transaction in a penny stock not otherwise exempt from those rules, to deliver a standardized risk disclosure document, which:

 

-	contains a description of the nature and level of risk in the market for penny stock in both public offerings and secondary trading;
-	contains a description of the broker's or dealer's duties to the customer and of the rights and remedies available to the customer with respect to a violation of such duties or other requirements of the Securities Act of 1934, as amended;
-	contains a brief, clear, narrative description of a dealer market, including "bid" and "ask" price for the penny stock and the significance of the spread between the bid and ask price;
-	contains a toll-free telephone number for inquiries on disciplinary actions;
-	defines significant terms in the disclosure document or in the conduct of trading penny stocks; and
-	contains such other information and is in such form (including language, type, size and format) as the Securities and Exchange Commission shall require by rule or regulation;

 

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The broker-dealer also must provide, prior to effecting any transaction in a penny stock, to the customer:

 

-	the bid and offer quotations for the penny stock;
-	the compensation of the broker-dealer and its salesperson in the transaction;
-	the number of shares to which such bid and ask prices apply, or other comparable information relating to the depth and liquidity of the market for such stock; and
-	monthly account statements showing the market value of each penny stock held in the customer's account.

  

In addition, the penny stock rules require that prior to a transaction in a penny stock not otherwise exempt from those rules; the broker-dealer must make a special written determination that the penny stock is a suitable investment for the purchaser and receive the purchaser's written acknowledgment of the receipt of a risk disclosure statement, a written agreement to transactions involving penny stocks, and a signed and dated copy of a written suitability statement. These disclosure requirements will have the effect of reducing the trading activity in the secondary market for our stock because it will be subject to these penny stock rules. Therefore, stockholders may have difficulty selling their securities.

 

Reports

 

We are subject to certain filing requirements and will furnish annual financial reports to our stockholders, certified by our independent accountant, and will furnish un-audited quarterly financial reports in our quarterly reports filed electronically with the SEC. All reports and information filed by us can be found at the SEC website, www.sec.gov.

 

Transfer Agent

 

The company has retained Holladay Stock Transfer, Inc. of 2939 North 67^th Place, Suite C, Scottsdale, Arizona as transfer agent.

 

Item 6. Selected Financial Data

 

Not required.

 

Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations

 

Results of Operations

 

We are still in our development stage and have not generated any revenue.

 

We incurred operating expenses of $26,511 and $22,665 for the years ended June 30, 2020 and 2019, respectively. For the year ended June 30, 2020 these expenses consisted of $12,238 in general operating expenses and $14,273 in professional fees incurred in connection with the day to day operation of our business and the preparation and filing of our periodic reports. For the year ended June 30, 2019 these expenses consisted of $8,717 in general operating expenses and $13,948 in professional fees incurred in connection with the day to day operation of our business and the preparation and filing of our periodic reports. The increase in operating expenses during the year ended June 30, 2020 was due to an increase in fees for preparation and filing of our periodic reports and transfer agent fees.

 

Our net loss from inception (June 23, 2008) through June 30, 2020 was $211,378.

 

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The Company has incurred net losses of approximately $211,378 for the period from June 23, 2008 (Date of Inception) through June 30, 2020 and has commenced limited operations, raising substantial doubt about the Company's ability to continue as a going concern. The Company will seek additional sources of capital through the issuance of debt or equity financing, but there can be no assurance the Company will be successful in accomplishing its objectives.

 

The ability of the Company to continue as a going concern is dependent on additional sources of capital and the success of the Company's plan. The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.

 

Liquidity and Capital Resources

 

Our cash in the bank at June 30, 2020 was $1,347 with $170,725 in current liabilities. We have sold $42,000 in equity securities since inception, $12,000 from the sale of 8,000,000 shares of stock to our officer and director and $30,000 from the sale of 3,000,000 shares registered pursuant to our S-1 Registration Statement which became effective on August 18, 2008. The offering was completed on September 11, 2008. The Company will seek additional sources of capital through the issuance of debt or equity financing, but there can be no assurance the Company will be successful in accomplishing its objectives. The director of the company will continue to loan the Company funds to pay for operating expenses until additional financing is secured.

 

Off-Balance Sheet Arrangements

 

We have no off-balance sheet arrangements.

 

Summary of Significant Accounting Policies

 

YEAR END - The Company's fiscal year end is June 30.

 

INCOME TAXES - The Company provides for income taxes under ASC 740, Accounting for Income Taxes. ASC 740 requires the use of an asset and liability approach in accounting for income taxes. Deferred tax assets and liabilities are recorded based on the differences between the financial statement and tax bases of assets and liabilities and the tax rates in effect when these differences are expected to reverse.

 

ASC 740 requires the reduction of deferred tax assets by a valuation allowance if, based on the weight of available evidence, it is more likely than not that some or all of the deferred tax assets will not be realized.

 

REVENUE RECOGNITION - The Company has no current source of revenue; therefore the Company has not yet adopted any policy regarding the recognition of revenue or cost.

 

NET LOSS PER COMMON SHARE - Basic net loss per share is computed by dividing the net loss available to common stockholders for the period by the weighted average number of shares of common stock outstanding during the period. The calculation of diluted net loss per share gives effect to common stock equivalents; however, potential common shares are excluded if their effect is anti-dilutive. For the period from June 23, 2008 (Date of Inception) through June 30, 2020 the Company had no potentially dilutive securities.

 

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STOCK-BASED COMPENSATION - The Company has not adopted a stock option plan and has not granted any stock options.Accordingly, no stock-based compensation has been recorded to date.

 

CASH AND CASH EQUIVALENTS – For purposes of Statements of Cash Flows, the Company considers all highly liquid instruments purchased with a maturity of three months or less to be cash equivalents to the extent the funds are not being held for investment purposes.

 

RECENT ACCOUNTING PRONOUNCEMENTS – During the year ended June 30, 2020, the FASB (Financial Accounting Standards Board) issued various Accounting Standards Updates relating to the treatment and recording of certain accounting transactions. Management has determined that these recent accounting pronouncements will have no impact on the financial statements of Lake Forest Minerals Inc.

 

Plan of Operation

 

Our plan is to seek, investigate, and consummate a merger or other business combination, purchase of assets or other strategic transaction (i.e. a merger) with a corporation, partnership, limited liability company or other operating business entity (a “Merger Target”) desiring the perceived advantages of becoming a publicly reporting and publicly held corporation. We have no operating business, and conduct minimal operations necessary to meet regulatory requirements. Our ability to commence any operations is contingent upon obtaining adequate financial resources.

 

We are not currently engaged in any business activities that provide cash flow. The costs of investigating and analyzing business combinations for the next 12 months and beyond such time will be paid with money in our treasury.

 

During the next twelve months we anticipate incurring costs related to:

 

(i)

filing of Exchange Act reports, and

 

(ii)

costs relating to identifying and consummating a transaction with a Merger Target.

 

We believe we will be able to meet these costs through use of funds in our treasury and additional amounts, as necessary, to be loaned to or invested in us by our stockholders, management or other investors.

 

We may consider a business which has recently commenced operations, is a developing company in need of additional funds for expansion into new products or markets, is seeking to develop a new product or service, or is an established business which may be experiencing financial or operating difficulties and is in need of additional capital. In the alternative, a business combination may involve the acquisition of, or merger with, a company which does not need substantial additional capital, but which desires to establish a public trading market for its shares, while avoiding, among other things, the time delays, significant expense, and loss of voting control which may occur in a public offering.

 

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Jeffrey Taylor is our president, secretary and our chief financial officer. Mr. Taylor is only required to devote a small portion of his time to our affairs on a part-time or as-needed basis. No regular compensation has, in the past, nor is anticipated in the future, to be paid to any officer or director in their capacities as such. We do not anticipate hiring any full-time employees as long as we are seeking and evaluating business opportunities.

 

At June 30, 2020, we had $1,347 in cash on hand. Since we have no revenue or plans to generate any revenue, if our expenses exceed our cash currently on hand we will be dependent upon loans to fund losses incurred in excess of our cash.

 

Off-Balance Sheet Arrangements

 

We do not have any 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 is material to investors.

 

Item 7A. Quantitative and Qualitative Disclosures About Market Risk

 

Not required.

 

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Item 8. Financial Statements

  

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

    

To the Board of Directors and
Stockholders of Lake Forest Minerals, Inc.

   

Opinion on the Financial Statements

    

We have audited the accompanying balance sheets of Lake Forest Minerals, Inc. (the Company) as of June 30, 2020 and 2019, and the related statements of operations, stockholders’ deficit, and cash flows for each of the years in the two-year period ended June 30, 2020, and the related notes (collectively referred to as the financial statements). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of June 30, 2020 and 2019 and the results of its operations and its cash flows for each of the years in the two-year period ended June 30, 2020, in conformity with accounting principles generally accepted in the United States of America.

 

Going Concern

 

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 5 to the financial statements, the Company has no revenues, has negative working capital at June 30, 2020, has incurred recurring losses and recurring negative cash flow from operating activities, and has an accumulated deficit which raises substantial doubt about its ability to continue as a going concern. Management’s plans concerning these matters are also described in Note 5. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

 

Basis for Opinion

   

These financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on the Company’s financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

   

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits, we are required to obtain an understanding of internal control over financial reporting, but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control over financial reporting. Accordingly, we express no such opinion.

   

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

   

/s/ Prager Metis CPAs, LLC
We have served as the Company’s auditor since 2019.
Las Vegas, Nevada
September 4, 2020

  

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LAKE FOREST MINERALS INC.
Balance Sheets
A S S E T S
		June 30,				June 30,
		2020				2019
Current Assets
Cash		$	1,347			$	-
Prepaid expenses			-				80
Total Current Assets		$	1,347			$	80
Total Assets		$	1,347			$	80
L I A B I L I T I E S
Current Liabilities
Bank overdraft		$	-			$	722
Accounts payable			13,320				7,725
Due to related party			157,405				134,500
Total Current Liabilities			170,725				142,947
S T O C K H O L D E R S' D E F I C I T
Stockholders' Deficit
Preferred Shares 10,000,000 authorized, par value $0.001 nil issued and outstanding as of June 30, 2020 and 2019		$	-			$	-
Common Shares 75,000,000 authorized shares, par value $0.001 11,000,000 shares issued and outstanding as of June 30, 2020 and 2019			11,000				11,000
Additional Paid-in-Capital			31,000				31,000
Accumulated Deficit			(211,378	)			(184,867	)
Total Stockholders' Deficit			(169,378	)			(142,867	)
Total Liabilities and Stockholders' Deficit		$	1,347			$	80

 

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

 

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LAKE FOREST MINERALS INC.
Statements of Operations
		For the Year				For the Year
		Ended				Ended
		June 30,				June 30,
		2020				2019
Revenue:
Total Revenue	$	-			$	-
Expenses:
Operating Expenses
General and Administrative		$	12,238			$	8,717
Professional Fees			14,273				13,948
Total Expenses			26,511				22,665
Loss from Operations before income taxes			(26,511	)			(22,665	)
Provision for income taxes			-				-
							-
Net Loss		$	(26,511	)		$	(22,665	)
Basic and Diluted Loss Per Common Share		$	(0.00	)		$	(0.00	)
Weighted Average number of Common Shares used in per share calculations			11,000,000				11,000,000

 

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

 

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LAKE FOREST MINERALS INC.
Statements of  Stockholders' Deficit
For the Years Ended June 30, 2020 and June 30, 2019
						Common				Paid-In				Accumulated				Stockholders'
		Shares				Shares				Capital				Deficit				Deficit
Balance, June 30, 2018			11,000,000			$	11,000			$	31,000			$	(162,202	)		$	(120,202	)
Net Loss for the Year			-				-				-				(22,665	)			(22,665	)
Balance, June 30, 2019			11,000,000				11,000				31,000				(184,867	)			(142,867	)
Net Loss for the Year			-				-				-				(26,511	)			(26,511	)
Balance, June 30, 2020			11,000,000			$	11,000			$	31,000			$	(211,378	)		$	(169,378	)

 

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

 

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LAKE FOREST MINERALS INC.
Statements of Cash Flows
		For the Year				For the Year
		Ended				Ended
		June 30, 2020				June 30, 2019
Cash Flows from Operating Activities:
Net Loss		$	(26,511	)		$	(22,665	)
Adjustments to reconcile net loss to net cash used in operating activities:
Prepaid expenses			80				(80	)
Accounts payable			5,595				2,275
Net Cash Used in Operating Activities			(20,836	)			(20,470	)
Cash Flows from Financing Activities:
Bank overdraft			(722	)			722
Due to related party			22,905				18,500
Net Cash Provided by Financing Activities			22,183				19,222
Net Increase (Decrease) in Cash			1,347				(1,248	)
Cash Balance,  Beginning of Year			-				1,248
Cash Balance,  End of Year		$	1,347			$	-
Interest Paid		$	-			$	-
Taxes Paid		$	-			$	-

 

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

 

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LAKE FOREST MINERALS INC.

Notes to the Financial Statements

 

1. DESCRIPTION OF BUSINESS, HISTORY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

 

DESCRIPTION OF BUSINESS AND HISTORY - Lake Forest Minerals Inc., a Nevada corporation, (hereinafter referred to as the "Company" or "Lake Forest Minerals") was incorporated in the State of Nevada on June 23, 2008.  The Company was formed to engage in the acquisition, exploration and development of natural resource properties of merit.

 

The Company’s operations have been limited to general administrative operations, initial property staking and investigation, and is considered an Exploration Stage Company in accordance with ASC 915.

 

Since February 22, 2010, our purpose has been to serve as a vehicle to acquire an operating business and we are currently considered a “shell” company inasmuch as we are not generating revenues, do not own an operating business, and have no specific plan other than to engage in a merger or acquisition transaction with a yet-to-be identified operating company or business.  We have no employees and no material assets.

 

All adjustments necessary for fair statement of the results for the periods have been made and all adjustments are of a normal recurring nature.

 

YEAR END - The Company's fiscal year end is June 30.

 

USE OF ESTIMATES - The preparation of the financial statements in conformity with generally accepted accounting principles in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenue and expenses during the reporting period.  Actual results could differ from those estimates.

 

INCOME TAXES - The Company provides for income taxes under ASC 740, Accounting for Income Taxes.  ASC 740 requires the use of an asset and liability approach in accounting for income taxes.  Deferred tax assets and liabilities are recorded based on the differences between the financial statement and tax bases of assets and liabilities and the tax rates in effect when these differences are expected to reverse.

 

ASC 740 requires the reduction of deferred tax assets by a valuation allowance if, based on the weight of available evidence, it is more likely than not that some or all of the deferred tax assets will not be realized.

 

As of June 30, 2020, and 2019 the Company had no accrued interest or penalties related to uncertain tax positions and no amounts have been recognized in the Company’s statement of operations. 

   

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LAKE FOREST MINERALS INC.

Notes to the Financial Statements

 

1. DESCRIPTION OF BUSINESS, HISTORY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)

    

REVENUE RECOGNITION - The Company has no current source of revenue; therefore the Company has not yet adopted any policy regarding the recognition of revenue or cost.

 

NET LOSS PER COMMON SHARE - Basic net loss per share is computed by dividing the net loss available to common stockholders for the period by the weighted average number of shares of common stock outstanding during the period.  The calculation of diluted net loss per share gives effect to common stock equivalents; however, potential common shares are excluded if their effect is anti-dilutive. For the years ended June 30, 2020 and June 30, 2019 the Company had no potentially dilutive securities.

 

STOCK-BASED COMPENSATION - The Company has not adopted a stock option plan and has not granted any stock options.  Accordingly, no stock-based compensation has been recorded to date.

 

CASH AND CASH EQUIVALENTS – For purposes of Statements of Cash Flows, the Company considers all highly liquid instruments purchased with a maturity of three months or less to be cash equivalents to the extent the funds are not being held for investment purposes.  The Company maintains a cash balance at a financial institution that is insured by the Federal Deposit Insurance Corporation up to $250,000.

   

RECENT ACCOUNTING PRONOUNCEMENTS – During the year ended June 30, 2020, the FASB (Financial Accounting Standards Board) issued various Accounting Standards Updates relating to the treatment and recording of certain accounting transactions. Management has determined that these recent accounting pronouncements will have no impact on the financial statements of Lake Forest Minerals Inc.

    

2.  INCOME TAX

 

The Company accounts for income taxes under ASC 740, “Income Taxes”, which requires use of the liability method. ASC 740 provides that deferred tax assets and liabilities are recorded based on the differences between the tax bases of assets and liabilities and their carrying amounts for financial reporting purposes, referred to as temporary differences. Deferred tax assets and liabilities at the end of each period are determined using the currently enacted tax rates applied to taxable income in the periods in which the deferred tax assets and liabilities are expected to be settled or realized.

 

The provision for income taxes differs from the amount computed by applying the statutory federal income tax rate of 21% to income before provision for income taxes. The sources and tax effects of the differences are as follows at June 30, 2020 and 2019:

   

		2020				2019
Effective Tax Rate Reconciliation:
Federal statutory tax rate			21.0	%			21.0	%
State taxes, net of federal benefit			0.0	%			0.0	%
Change in valuation allowance			(21.0	)%			(21.0	)%
Effective tax rate			0.0	%			0.0	%

    

The tax effects of temporary differences that give rise to the Company’s net deferred tax assets are as follows:

  

		June 30, 2020				June 30, 2019
NOL carryover		$	70,786			$	65,219
Valuation allowance			(70,786	)			(65,219	)
Net deferred tax asset		$	-			$	-

     

As of June 30, 2020, the Company has a net operating loss carryforward of approximately $211,000 for tax purposes, which it expects to be available to offset future taxable income. If not used, the portion of the carryforward for tax years prior to 2018 will expire between 2028 and 2037. The carryforward for tax years after 2018 can be carried forward indefinitely and can offset up to 80% of taxable income. Management has provided a full valuation allowance of all deferred tax assets relating to net operating loss carryforwards as of June 30, 2020. The availability of this operating loss to offset future earnings may be limited under the change of control provisions of Internal Revenue Code Section 381. For the years ended June 30, 2020 and 2019, the valuation allowance increased by approximately $5,567 and $4,760, respectively.

 

The Company recognizes interest and penalties related to uncertain tax positions in general and administrative expense. As of June 30, 2020, and 2019 the Company has no unrecognized uncertain tax positions, including interest and penalties.

    

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LAKE FOREST MINERALS INC.

Notes to the Financial Statements

  

3. STOCKHOLDER DEFICIT

 

The Company has 75,000,000 common shares and 10,000,000 preferred shares authorized with a par value of $0.001 per share.

 

The Company has 11,000,000 common shares issued and outstanding at June 30, 2020 and 2019.

 

The Company has not issued any preferred shares since inception through June 30, 2020.

 

4. RELATED PARTY TRANSACTIONS

 

Through June 30, 2020, the sole officer and director of the Company advanced the Company $157,405 for operating expenses, the advance bears no interest and has no specific terms of payment.

 

5. GOING CONCERN

 

The Company has incurred net losses of approximately $211,378 for the period from June 23, 2008 (Date of Inception) through June 30, 2020 and has, commenced limited operations, raising substantial doubt about the Company's ability to continue as a going concern within one year of the issuance date of this filing.  Management’s plans include seeking additional sources of capital through the issuance of debt or equity financing, but there can be no assurance the Company will be successful in accomplishing its objectives.

 

The ability of the Company to continue as a going concern is dependent on additional sources of capital and the success of the Company's plan.  The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.

 

6. SUBSEQUENT EVENTS

 

The Company’s management has reviewed all material subsequent events through the date these financial statements were issued in accordance with ASC 855-10, and has determined that there are no material subsequent events to report.

 

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Item 9. Changes in and Disagreements with Accountants on Financial Disclosure

 

None.

 

Item 9A(T). Controls and Procedures

 

Evaluation of Disclosure Controls and Procedures

 

Under the supervision and with the participation of our management, including our principal executive officer and the principal financial officer (our president), we have conducted an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e) under the Securities and Exchange Act of 1934, as of the end of the period covered by this report. Based on this evaluation, our principal executive officer and principal financial officer concluded as of the evaluation date that our disclosure controls and procedures were not effective such that the material information required to be included in our Securities and Exchange Commission reports is accumulated and communicated to our management, including our principal executive and financial officer, recorded, processed, summarized and reported within the time periods specified in Securities and Exchange Commission rules and forms relating to our company, particularly during the period when this report was being prepared.

 

Management's Annual Report on Internal Control Over Financial Reporting

 

Our management is responsible for establishing and maintaining adequate internal control over financial reporting, as such term is defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act, for the company.

 

Internal control over financial reporting includes those policies and procedures that: (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of our assets; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that our receipts and expenditures are being made only in accordance with authorizations of its management and directors; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of our assets that could have a material effect on the financial statements.

 

Management recognizes that there are inherent limitations in the effectiveness of any system of internal control, and accordingly, even effective internal control can provide only reasonable assurance with respect to financial statement preparation and may not prevent or detect material misstatements. In addition, effective internal control at a point in time may become ineffective in future periods because of changes in conditions or due to deterioration in the degree of compliance with our established policies and procedures.

 

A material weakness is a significant deficiency, or combination of significant deficiencies, that results in there being a more than remote likelihood that a material misstatement of the annual or interim financial statements will not be prevented or detected.

 

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Under the supervision and with the participation of our president, management conducted an evaluation of the effectiveness of our internal control over financial reporting, as of June 30, 2020, based on the framework set forth in Internal Control-Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). Based on our evaluation under this framework, management concluded that our internal control over financial reporting was not effective as of the evaluation date due to the factors stated below.

 

Management assessed the effectiveness of the Company’s internal control over financial reporting as of evaluation date and identified the following material weaknesses:

 

Insufficient Resources: We have an inadequate number of personnel with requisite expertise in the key functional areas of finance and accounting.

 

Inadequate Segregation of Duties: We have an inadequate number of personnel to properly implement control procedures.

 

Lack of Audit Committee & Outside Directors on the Company’s Board of Directors: We do not have a functioning audit committee or outside directors on our board of directors, resulting in ineffective oversight in the establishment and monitoring of required internal controls and procedures.

 

Management is committed to improving its internal controls and will (1) continue to use third party specialists to address shortfalls in staffing and to assist the Company with accounting and finance responsibilities, (2) increase the frequency of independent reconciliations of significant accounts which will mitigate the lack of segregation of duties until there are sufficient personnel and (3) may consider appointing outside directors and audit committee members in the future.

 

Management, including our president, has discussed the material weakness noted above with our independent registered public accounting firm. Due to the nature of this material weakness, there is a more than remote likelihood that misstatements which could be material to the annual or interim financial statements could occur that would not be prevented or detected.

 

This annual report does not include an attestation report of our registered public accounting firm regarding internal control over financial reporting. Management's report was not subject to attestation by the our registered public accounting firm pursuant to temporary rules of the SEC that permit us to provide only management's report in this annual report.

 

Changes in Internal Controls Over Financial Reporting

 

There have been no changes in our internal control over financial reporting that occurred during the last fiscal quarter for our fiscal year ended June 30, 2020 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

 

Item 9B. Other Information

 

None.

 

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PART III

 

Item 10. Director, Executive Officer and Corporate Governance

 

The officer and director of Lake Forest Minerals, whose one year terms will expire 6/30/21, or at such a time as his successor(s) shall be elected and qualified is as follows:

 

Name & Address		Age		Position		Date First Elected		Term Expires
Jeffrey Taylor		52		President, Secretary, Treasurer,		6/24/08		6/30/21
711 S. Carson Street Suite 4 Carson City, NV 89701				CFO, CEO & Director

 

The foregoing person is a promoter of Lake Forest Minerals Inc., as that term is defined in the rules and regulations promulgated under the Securities and Exchange Act of 1933.Directors are elected to serve until the next annual meeting of stockholders and until their successors have been elected and qualified. Officers are appointed to serve until the meeting of the board of directors following the next annual meeting of stockholders and until their successors have been elected and qualified.

 

Jeffrey Taylor currently devotes 10 hours per week to company matters, in the future he intends to devote as much time as the board of directors deems necessary to manage the affairs of the company.

 

No executive officer or director of the corporation has been the subject of any order, judgment, or decree of any court of competent jurisdiction, or any regulatory agency permanently or temporarily enjoining, barring, suspending or otherwise limiting him or her from acting as an investment advisor, underwriter, broker or dealer in the securities industry, or as an affiliated person, director or employee of an investment company, bank, savings and loan association, or insurance company or from engaging in or continuing any conduct or practice in connection with any such activity or in connection with the purchase or sale of any securities.

 

No executive officer or director of the corporation has been convicted in any criminal proceeding (excluding traffic violations) or is the subject of a criminal proceeding which is currently pending.

 

Background Information

 

Jeffrey Taylor has been the President, Secretary, Treasurer and a Director of Lake Forest Minerals since June 24, 2008.

 

From 1995 to present Mr. Taylor has been the owner and operator of Stump Grinding Northwest, a privately held company located in Washington State.

 

From 1993 to 1995 he worked as a loan officer for Home Lending Associates and Eagle Mortgage in Bellevue, Washington.

 

From 1990 to 1992 he worked as an Urban Forester for Puget Power, a utility company in Washington State.

 

Mr. Taylor earned a Bachelor of Science Degree in Forest Management from The University of Washington in 1989.

 

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Code of Ethics

 

We do not currently have a code of ethics, because we have only limited business operations and one officer and director, we believe a code of ethics would have limited utility. We intend to adopt such a code of ethics as our business operations expand and we have more directors, officers and employees.

 

Item 11. Executive Compensation

 

Our current officer receives no compensation. The current Board of Directors is comprised of Jeffrey Taylor.

 

SUMMARY COMPENSATION TABLE
Name and Principal Position		Year		Salary				Bonus				Stock Awards				Option Awards				Non- Equity Incentive Plan Compen-sation				Change in Pension Value and Non-qualified Deferred Compen-sation Earnings				All Other Compen-sation				Total
Jeffrey Taylor,		2020			0				0				0				0				0				0				0				0
President,		2019			0				0				0				0				0				0				0				0
CFO & CEO		2018			0				0				0				0				0				0				0				0

  

OUTSTANDING EQUITY AWARDS AT FISCAL YEAR END

Option Awards

Stock Awards

Name

Number of Securities Underlying Unexercised Options (#) Exercisable

Number of Securities Underlying Unexercised Options (#) Unexercisable

Equity Incentive Plan Awards; Number of Securities Underlying Unexercised Unearned Options (#)

Option Exercise Price

Option Expiration Date

Number of Shares or Units of Stock That Have Not Vested (#)

Market Value of Shares or Units of Stock That Have Not Vested

Equity Incentive Plan Awards: Number of Unearned Shares, Units or Other Rights That Have Not Vested

Equity Incentive Plan Awards: Market or Payout Value of Unearned Shares, Units or Other Rights That Have Not Vested

Jeffrey Taylor, CEO & CFO

0

0

0

0

0

0

0

0

0

  

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DIRECTOR COMPENSATION
Name		Fees Earned or Paid in Cash				Stock Awards				Option Awards				Non-Equity Incentive Plan Compensation				Change in Pension Value and Nonqualified Deferred Compensation Earnings				All Other Compensation				Total
Jeffrey Taylor, Director			0				0				0				0				0				0				0

 

There are no current employment agreements between the company and its executive officer.

 

In June 2008 Jeffrey Taylor purchased 8,000,000 shares of our common stock at $0.0015 per share. The terms of these stock issuances were as fair to the company, in the opinion of the board of directors, as could have been made with an unaffiliated third party.

 

Mr. Taylor currently devotes approximately 10 hours per week to manage the affairs of the company. He has agreed to work with no remuneration until such time as the company receives sufficient revenues necessary to provide management salaries. At this time, we cannot accurately estimate when sufficient revenues will occur to implement this compensation, or what the amount of the compensation will be.

 

For the year ended June 30, 2020 Jeffrey Taylor loaned the company $22,905 for operating expenses. The loan balance at June 30, 2020 was $157,405; the loan bears no interest and has no specific terms of repayment.

 

There are no annuity, pension or retirement benefits proposed to be paid to officers, directors or employees in the event of retirement at normal retirement date pursuant to any presently existing plan provided or contributed to by the company or any of its subsidiaries, if any.

 

Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

 

The following table sets forth information on the ownership of Lake Forest Minerals voting securities by officers, directors and major shareholders as well as those who own beneficially more than five percent of our common stock as of the date of this annual report:

 

Name of Beneficial Owner(1)		No. of Shares				Percentage of Ownership
Jeffrey Taylor, 711 S. Carson Street Suite 4 Carson City, NV 89701			8,000,000				72	%
All Officers and Directors as a Group			8,000,000				72	%

__________ 

(1) The person named may be deemed to be a "parent" and "promoter" of the Company, within the meaning of such terms under the Securities Act of 1933, as amended.

  

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Item 13. Certain Relationships and Related Transactions, and Director Independence

 

In June 2008 Mr. Taylor purchased 8,000,000 shares of our common stock at $0.0015 per share. All of such shares are “restricted” securities, as that term is defined by the Securities Act of 1933, as amended, and are held by the officer and director of the Company. (See "Principal Stockholders".)

 

For the year ended June 30, 2020 Jeffrey Taylor loaned the company $22,905 for operating expenses. The loan balance at June 30, 2020 was $157,405; the loan bears no interest and has no specific terms of repayment.

 

There are no independent directors currently serving on the Board of Directors.

 

Item 14. Principal Accounting Fees and Services

 

The total fees charged to the company for audit services were $11,023, for tax services were $Nil and for other services were $Nil during the year ended June 30, 2020.

 

The total fees charged to the company for audit services were $8,000, for tax services were $Nil and for other services were $Nil during the year ended June 30, 2019.

 

Item 15. Exhibits

 

Exhibit		Description		Method of Filing
3.1		Articles of Incorporation		Incorporated by reference to Exhibit 3.1 to the Company’s Registration Statement on Form S-1 filed with the SEC on August 6, 2008.
3.2		Bylaws		Incorporated by reference to Exhibit 3.1 to the Company’s Registration Statement on Form S-1 filed with the SEC on August 6, 2008.
31.1		Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.		Filed electronically herewith
31.2		Certification of Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.		Filed electronically herewith
32		Certification of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.		Filed electronically herewith
101		Interactive data files pursuant to Rule 405 of Regulation S-T		Filed electronically herewith

  

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Signatures

 

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

 

 

September 4, 2020		/s/ Jeffrey Taylor
		Jeffrey Taylor,
		President & Director
		(Principal Executive Officer, Principal Financial Officer,
		Principal Accounting Officer)

  

Healing Co Inc. Reports 09/28/2010 - 10-K 09/27/2011 - 10-K 09/24/2012 - 10-K 10/15/2013 - 10-K 09/26/2014 - 10-K 09/28/2015 - 10-K 09/23/2016 - 10-K 09/19/2017 - 10-K 09/06/2018 - 10-K 09/04/2020 - 10-K 11/03/2009 - 10-Q 02/10/2010 - 10-Q 05/11/2010 - 10-Q 11/08/2010 - 10-Q 02/08/2011 - 10-Q 05/13/2011 - 10-Q 11/10/2011 - 10-Q 02/14/2012 - 10-Q 05/09/2012 - 10-Q 11/13/2012 - 10-Q 02/14/2013 - 10-Q 05/15/2013 - 10-Q 11/13/2013 - 10-Q 02/10/2014 - 10-Q 05/07/2014 - 10-Q 02/04/2015 - 10-Q 04/30/2015 - 10-Q 11/09/2015 - 10-Q 02/05/2016 - 10-Q 05/09/2016 - 10-Q 11/10/2016 - 10-Q 01/31/2017 - 10-Q 05/04/2017 - 10-Q 10/31/2017 - 10-Q 02/02/2018 - 10-Q 05/02/2018 - 10-Q 10/22/2018 - 10-Q 01/22/2019 - 10-Q 02/14/2020 - 10-Q 05/04/2020 - 10-Q 10/28/2020 - 10-Q 01/29/2021 - 10-Q 05/24/2021 - 10-Q