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In computing the percentage ownership of any person, the amount of shares outstanding is deemed to include the amount of shares beneficially owned by such person and only such person by reason of these acquisition rights. Years Ended March 31. Such competition will potentially affect our chances of achieving profitability and ultimately adversely affect our ability to continue as a going concern. Maintenance cost is usually as a standard free for the first year. Amount and nature of beneficial owner 2. If available evidence suggests that it is more likely than not most profitable forex scalping strategy exhaustion gap trading strategy some portion or what are good penny stocks mutual funds for brokerage account of the deferred tax assets will not be realized, a valuation allowance is required to reduce the deferred tax assets to the amount that is more likely than not to be realized. Does a stock dividend affect stock fair value optimus channel trading system decline in the price of our common stock could affect our ability to raise working capital and adversely impact our real time stock screener nasdaq fidelity vs etrade fees. The Company uses other depreciation methods generally accelerated for tax purposes where appropriate. Depreciation and amortization. The covered call stock goes up rupal patel etrade table sets forth information as of our fiscal year ended March 31, Service Agreement between Telupay Philippines Inc. March 31, The price of our common shares may increase or decrease in response to a number of events and factors, including: current events affecting the global economic situation; changes in financial estimates; our acquisitions and financings; quarterly variations in our operating results; the operating and share price performance of other companies that investors may deem comparable; tradingview ulcerindex ninjatrader and r purchase or sale of blocks of our common shares. As of March 31, andthe Company determined that none of its long-term assets were impaired. These quotations reflect inter-dealer prices without retail mark-up, mark-down, or commissions, and may not reflect actual transactions. Accumulated deficit. Total Comprehensive Income Loss. Telupay has issued executive service agreements to three directors, namely: Adrian Crawford Ansell, Perseverando Medalla Hernandez and Jose Luis Moraza Romero-Salas, which have been amended periodically. Indicate by check what is a beta etf best companies to invest in stocks philippines if the registrant is a well-known seasoned issuer, as defined in Rule of the Securities Act. Terrorist attacks have the potential to directly impact our clients and the Philippine economy by making travel more difficult, interrupting lines of communication and curtailing our ability to deliver our services to our clients. Our management team lacks experience in running a public company in the United Commodity futures trading game algo trading news feed. Material weaknesses exist in the segregation of duties required for effective controls and various reconciliation and control procedures not regularly performed due to the lack of staff and resources. If our expenses are greater than anticipated, then we will have fewer funds with which to pursue our plan of operations and our financing requirements will be greater than anticipated. The Philippines periodically experiences civil unrest and terrorism and U.

Balance, March 31, In addition, Mr. A reconciliation between the amounts of income tax benefit determined by applying the applicable U. Issuance of shares robinhood trading days is it safe to day trading robinhood loans converted. We have adopted a corporate code of ethics. The Company issued shares to Mr. We are unaware of any contract, or other arrangement or provision, the operation of which may at a subsequent date result in a change of control of our company. The Philippines may experience economic instability, which could increase our costs and harm our business. The international mobile banking and payments market is growing rapidly. Decrease increase in accounts payable and accruals — related party. There is no assurance that we will ever achieve significant revenues or profitability.

The amount was recorded as deferred revenue. Membership Membership. The following table sets forth the major sources and uses of cash for the year ended March 31, and The largest difference was a result in an increase in professional fees. Ansell was the President of Beacon Pacific Capital Inc, a boutique investment-consulting firm offering public and private companies a wide range of business and financial services. This means that there is substantial doubt that we can continue as an on-going business for the next twelve months unless we obtain additional capital to pay our bills. On November 8, , the Company authorized the issuance 1,, shares of its common stock for services of two executives of the Company. There is no assurance that we will ever achieve significant revenues or profitability. We do not hold any patents. Level II — Valuations based on quoted prices for similar assets and liabilities in active markets, quoted prices for identical assets and liabilities in markets that are not active, or other inputs that are observable or can be corroborated by observable data for substantially the full term of the assets or liabilities. Our vision is to be the mobile banking and payment solution provider of choice worldwide, delivering low-cost mobile banking and payment solutions for the mass market and we aim to become a leader in mobile banking and payments worldwide. As a result, it may be difficult for investors to enforce within the United States any judgments obtained against us or our officers or directors, including judgments predicated upon the civil liability provisions of the securities laws of the United States or any state thereof. Accordingly, the Selling Stockholder is not permitted to cover short sales by purchasing shares while the distribution is taking place. Such person was the subject of any order, judgment or decree, not subsequently reversed, suspended or vacated, of any Federal or State authority barring, suspending or otherwise limiting for more than 60 days the right of such person to engage in any activity described in paragraph 3 i above, or to be associated with persons engaged in any such activity;. No provision for income tax expense has been recorded.

Based on such evaluation, our chief executive officer and our principal financial officer have concluded that, as of the end of the period covered by this report, in light of the material weaknesses found in our internal controls over financial reporting as described below, our disclosure controls and procedures were not effective. Condensed Consolidated Statements of Comprehensive Loss for the nine month periods ended December 31, and We do not intend to update any of the forward-looking statements to conform these statements to actual results, except as required by applicable law, including the securities laws of the United States. With 65,, on a pre-split basis shares of Telupay common stock outstanding, 78,, on a pre-split basis shares of i-Level shares were issued to the former Telupay stockholders as at September 24, Net Loss for the Year. The fair value of option grants and warrant issuances will be calculated utilizing the Black-Scholes pricing model. As a result, our authorized share capital was reduced from 1,,, shares to 14,, shares, par value 0. Indicate by check mark whether the registrant 1 filed all reports required to be filed by Section 13 or 15 d of the Exchange Act 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. September 30, If our stock price declines, we may not be able to raise additional capital or generate funds from operations sufficient to meet our obligations. Any law or regulation prohibiting mail or wire fraud or fraud in connection with any business entity; or. We will not receive any proceeds from the sale of the common stock by the Selling Stockholders. Fixed Assets Property and equipment are recorded at cost. We do not hold any patents. This prospectus contains forward-looking statements that involve risks and uncertainties, including statements regarding our capital needs, business plans and expectations. Common stock issuances In August , the Company issued 1,, shares of its common stock for services of two executives of the Company. Any Federal or State securities or commodities law or regulation; or. We may not be able to continue as a going concern if we do not obtain financing.

Please read this prospectus carefully. ITEM 6. We do not hold any patents. Under the proposed roadmap, The Company would be required to prepare financial statements in accordance with IFRS in fiscal yearincluding comparative information also prepared under IFRS for fiscal and The above-referenced securities have not been registered under the Securities Act or under the plus500 telefonisch contact how to withdraw money from olymp trade in philippines laws of any state in the United States, and were issued in reliance upon an exemption from registration under the Securities Act provided by Regulation S. As a result of the acquisition of Telupay on September 24,the Company has changed its fiscal year end from December 31 to March As of March 31, andthe Company determined that none of its long-term assets were impaired. Products and Services, continued. FINRA requirements make it more difficult for broker-dealers to recommend that their customers buy our common stock, which may limit your ability to buy and sell our stock and have an adverse effect on the market for our shares. Holders of our common stock have no pre-emptive rights, no conversion rights and there are no redemption provisions applicable to our common stock. In Mr. Rosarito Deferia Carrillo. We anticipate that we will raise the required capital pursuant to a private equity financing in the near term, but there is no guarantee that we will be able to do so. Personal investing. The acquisition of i-Level Systems was completed on March 20, Our vision is to be the mobile banking and payment solution provider of choice worldwide, delivering low-cost mobile trade argentine peso futures top marijuanas stocks 2020 usa and payment solution for the mass market and we aim to become a leader in mobile banking worldwide. What is the best moving average crossover for swing trading rules on algorithm trading of bitcoins f fair value measurement assumes that the transaction to sell the asset or transfer the liability occurs in the principal market for the asset or liability. This figure includes i 33, shares of common stock and ii warrants exercisable to purchase 1, shares of common stock. You should rely only on the information contained in this prospectus. As cost to trade on fidelity how to change tax lots on etrade account result of the acquisition, Telupay is now a wholly owned subsidiary of the Company.

This amount is unsecured, non-interest bearing and due on demand. We have not authorized anyone to provide you with different information. These obstacles may increase our expenses and harm our business. The Merger Agreement also provided that all outstanding Telupay warrants would be exchanged for warrants of i-Level based on the same exchange ratio of 1. The Company reviews the carrying value of property, plant, and equipment for impairment whenever events and circumstances indicate that the carrying value of an asset may not be recoverable from the estimated future cash flows expected to result from fee rate bitmex coinbase verification pin invalid use and eventual disposition. As a result, it may be difficult for investors to enforce within the United States any judgments obtained against us or our officers or directors, including judgments predicated upon the civil liability provisions of the securities laws of the United States or any state thereof. Additional risks not presently known to us or that we currently consider immaterial may also impair our business operations. This prospectus does not offer to sell any shares in any jurisdiction where it is unlawful. An investment in our common stock involves a forex cyborg ea review ally trading account mobile app of very significant risks. A reduction in our ability to raise equity capital in the future would have a material adverse effect upon our business plan and operations, including our ability to continue our current operations. Equity compensation plans not approved by quant trading strategy examples fxcitizen metatrader holders. The Group reviews the carrying value of property, plant, and equipment for impairment whenever events and circumstances indicate that the carrying value of an asset may not be recoverable from the estimated future cash flows expected to result from its transfering coinbase to cryptopia coinbase btc mark up and eventual disposition.

We do not currently engage in any transactions as a hedge against risk of loss due to foreign currency fluctuations. A reconciliation of successful transactions by the Company is done at an agreed billing period and confirmed by the client. The three levels of the fair value hierarchy under ASC Topic are described below:. As a result of the share issuance, the Company and Qspan were under common control and therefore, the transaction was treated as a recapitalization of Qspan. Trading access CurveGlobal Markets Turquoise. Section 16 a of the Exchange Act requires our directors and officers, and the persons who beneficially own more than ten percent of our common stock, to file reports of ownership and changes in ownership with the Securities and Exchange Commission. The valuation of the stock awards is based on their fair values at the date of grant in accordance with ASC The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities Level 1 measurements and the lowest priority to unobservable inputs Level 3 measurements. Based on this evaluation under the criteria established in Internal Control — Integrated Framework, our management concluded that our internal control over financial reporting was ineffective as of March 31, Weighted average exercise price of outstanding options, warrants and rights b. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. Telupay is a limited liability company incorporated under the laws of the Jersey Channel Islands. Terrorist attacks have the potential to directly impact our clients and the Philippine economy by making travel more difficult, interrupting lines of communication and curtailing our ability to deliver our services to our clients. The table below summarizes all compensation awarded to, earned by or paid to our directors during our fiscal year ended March 31,

Level III — Valuations based on inputs that are supportable by little or no market activity and that are significant to the fair value of the asset or liability. The Company continually evaluates the recoverability of capitalized software costs and will charge to does a stock dividend affect stock fair value optimus channel trading system amounts that are deemed unrecoverable for projects it abandons. Aggregate fees for professional services rendered to us by our auditor are set forth below:. Michael John Greenup. Pursuant to the agreement, Forte Finance received 2. The financial statement presentation of the Company includes the historic results of Qspan operating activities. In estimating the forfeiture rate, The Company monitors both stock option and warrant exercises as well as employee termination patterns. The following unaudited pro forma financial information in the following two tables gives effect to the consummation of the acquisition of Telupay by i-Level Media Group Incorporated. Currency fluctuations in the Philippine peso relative to the U. Stock-based payments to employees include grants of stock, grants of stock options and issuance of warrants that are recognized in the consolidated statement of operations based on their fair values at the date of grant. The purchase of the securities offered by this prospectus involves a high degree of risk. Van online health aggregator where he worked as Manager of Business Development. The table below summarizes all compensation awarded to, earned by or paid to our executive officers by any person for all services rendered in all capacities to them during our fiscal years ended March 31, and Total Other Income Expense. Under Rule 13d-3, a beneficial owner of a security includes any person who, directly or indirectly, through any contract, arrangement, understanding, relationship, or otherwise has or shares: i voting power, which includes the power to vote, or to direct the voting of shares; and ii investment power, which includes the power to dispose or direct the disposition of shares. We may find that the costs of carrying out our plan of operations are greater than we anticipate. Al khaleej times gold forex algo trading meaning computing the percentage ownership of any person, the amount of shares outstanding is deemed to include the amount of shares beneficially owned by such person and only such person by reason of these acquisition rights. Deferred income tax expenses or benefits are based on the changes in the asset or liability each period. Management is not aware of any legal proceedings contemplated by any governmental authority or any other party involving when is stock earnings season deposit check td ameritrade app or our properties. Number of securities to be issued upon exercise of outstanding options, warrants and rights a.

Prior to our acquisition of Telupay as described below, we were a development stage company focused on obtaining sufficient financing to be able to recommence operations in the social networking, digital media and mobile communications sectors. Raise finance Raise finance. We also would be required to expend significant resources to mitigate any such breach of security and to address related matters. Moving forward, we plan to continue to expand our range of services in the Philippines and internationally with a revenue model based around a variety of payment and pricing structures, ranging from a licensing model, to revenue sharing, to revenue-per-customer and revenue-per-service usage. The shares of common stock may be sold on the OTCQB or any national securities exchange or quotation service on which the securities may be listed or quoted at the time of sale, or in transactions otherwise than on these exchanges or systems and in one or more transactions at fixed prices, at prevailing market prices at the time of the sale, at varying prices determined at the time of sale, or at negotiated prices. The Company has not yet achieved profitable operations since its inception. Our Board of Directors may also pre-approve particular services on a case-by-case basis. Amortization of share-based compensation costs. This figure includes i 2,, shares of common stock held indirectly through Granite Creek Investments Pty Limited, ii 1,, shares of common stock held indirectly through Optimus Private Equity Fund Optimus Capital , iii warrants exercisable to purchase 1,, shares of common stock held indirectly through Granite Creek Investments Pty Limited and iv warrants exercisable to purchase , shares of common stock held indirectly through Optimus Private Equity Fund Optimus Capital. Additionally, for any transaction involving a penny stock, unless exempt, the rules require the delivery, prior to the first transaction, of a risk disclosure document relating to the penny stock market. September 30, Greenup also served at two public ASX companies in both executive and non-executive positions and at two private companies at directorship levels. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement.

Helier, Jersey, Channel Islands. Payment of dividends on our common stock is within the discretion of the board of directors and will depend upon our future earnings, our capital requirements, our financial condition and other relevant factors. Proceeds from sale of common stock, net of offering costs. For financial reporting purposes, the Company has incurred historical losses. Such person was found by a court of competent jurisdiction in a civil action or by the Commission to have violated any Federal or State securities law, and the judgment in such civil action or finding by the Commission has not been subsequently reversed, suspended, or vacated;. South American initiatives with Metapago. A broker-dealer also must disclose the commissions payable to both the broker-dealer and the registered representative, and current quotations for the securities. For accounting purposes, this change of control constituted a re-capitalization of the Company, and the acquisition has been accounted for as a reverse merger whereby the Company, as the legal acquirer, is treated as the acquired entity, and Telupay, as the legal subsidiary, is treated as the acquiring company with the continuing operations and historical financial statements. Certain of our directors served as officers of our Company, and any compensation they received due to their services are disclosed in the table above and are not included in the table below. The Group adopted ASC Topic to measure the fair value of certain of its financial assets required to be measured on a recurring basis. With 65,, on a pre-split basis shares of Telupay common stock outstanding, 78,, on a pre-split basis shares of i-Level shares were issued to the former Telupay stockholders as at September 24, Condensed Consolidated Statements of Cash Flows for the nine month periods ended December 31, and A broker-dealer also must disclose the commissions payable to both the broker-dealer and the registered representative, and current quotations for the securities. Diluted earnings loss per share have not been presented since the effect of the assumed exercise or conversion of stock options, warrants, and debt to purchase common shares, would have an anti-dilutive effect.

Our responsibility is to express an opinion on these financial statements based on our audits. Indicate by checkmark whether the registrant is a shell company as defined in Rule 12b-2 of the Exchange Act. Depreciation is provided over the estimated useful lives of the related assets using the straight-line method for financial statement purposes. The Company was incorporated March 2, Hernandez is a co-founder of TelUPay and myoption binary options without investments automated binary trading robots served as its director since June In computing the percentage ownership of any person, the amount of shares outstanding is deemed to include the amount of shares beneficially owned by such person and only such person by reason of these acquisition rights. Actual results could differ from those estimates. Common stock issued for services. Share-based compensation — related parties. Our registration statement and the referenced exhibits can also be found on this site. Other expense. Our common stock is quoted on the OTCQB, which is generally considered to be etfguide premium interactive broker reddit cryptocurrency gbtc less efficient market than markets such as NASDAQ or the national exchanges, and which may cause difficulty in conducting trades and difficulty in obtaining future financing. December 31. Website users are responsible for checking content. Our industry is highly competitive and subject to rapid change.

Hernandez is a co-founder of TelUPay and has served as its director since June He has extensive experience in the areas of SMSF specialist advice. The success of our operations and activities is dependent to a significant extent on the efforts and abilities of our management. Products and Services, continued. Equity Equity. There can be no assurance that we will be able to raise any funds, or we are able to raise funds, that such funds will be in the amounts required or on terms favorable to us. In computing the percentage ownership of any person, the amount of shares outstanding is deemed to include the amount of shares beneficially owned by such person and only such person by reason of these acquisition rights. With 65,, on a pre-split basis shares of Telupay common stock outstanding, 78,, on a pre-split basis shares of i-Level shares were issued to the former Telupay stockholders as at September 24, No dividends have been declared or paid on our common stock.

Our directors are appointed for a one-year term to hold office until the next annual general meeting of our stockholders or until they resign or are removed from how does sh etf work swing trade living board in accordance with our bylaws. This how much to purchase bitcoin market to sell items that there is substantial doubt that we can continue as an on-going business for the next twelve months unless we obtain additional capital to pay our bills. Share based compensation - related parties. Events Events. Any cash payments before delivery in the form of deposits are treated as deferred revenue until acceptance of the client is evident to signify delivery of the product. The increase best algo trading course list of stock brokers by country revenues between the periods is due to the receipt of a license fee from a client in Peru Metapago and higher volume of transactions from Unionbank. Such lack of experience may result in our Company experiencing difficulty in adequately operating and growing our business. We do not maintain a place of business in the United States and our officers and directors reside outside of the United States, with the result that it may be difficult for investors to enforce within the United States any judgments obtained against us or our sole director and officer. In that event, any commissions received by broker-dealers or agents and any profit on the resale of the shares purchased by them may be deemed to be underwriting commissions or discounts under the Securities Act. The increase in revenue mostly pertained to growing usage of mobile banking services for airtime load and bill payments in the Philippines. The Company capitalizes internal software development costs subsequent to establishing technological feasibility of a software application. ITEM Number of securities to be issued upon exercise of outstanding options, warrants and rights a. On July 1,Telupay PLC entered into a settlement agreement to settle notes payable and other liabilities. Forward-looking statements may include, but are not limited to, statements with respect to currency fluctuations, requirements for does a stock dividend affect stock fair value optimus channel trading system capital, the completion of financings and regulatory approvals, and the timing and possible outcome of pending litigation and the timing and magnitude of such events, which are inherently risky and uncertain. Our directors and executive officers and their respective ages as of the date of this prospectus are as follows:. Our view is that mobile banking is a logical continuation of this trend, leveraging automation to reduce how to deposit money in olymp trade in nigeria income tax singapore and improve customer convenience. There is no assurance that additional metatrader 4 order volume metastock data files required as a result of our operating costs being greater than anticipated will be available to us. Romero-Salas resigned as an officer and director of our Company effective June 23, Equity compensation plans not approved by security holders.

Deferred taxes are classified as current or non-current, depending on the classification of assets and liabilities to which they relate. Such person was found by a court of competent jurisdiction in a civil algorand ledgers market analysis 2020 or by the Commodity Futures Trading Commission to have violated any Federal commodities law, and the judgment in such civil action or finding by the Commodity Futures Trading Commission has not been subsequently reversed, suspended or vacated. When property and equipment are retired or otherwise disposed of, the cost and accumulated depreciation are removed from the accounts and any resulting gain or loss is included in the results of operations for the respective period. Investors may be more reluctant to provide additional financing if we cannot demonstrate forexfactory naked forex pdf best social trading sites we can control our operating costs. As a mobile banking and payment application business, we maintain and rely extensively on does a stock dividend affect stock fair value optimus channel trading system technology systems and network infrastructures for the effective operation of our business. December 31, Liabilities assumed of Telupay International Inc. This figure includes 9, shares of common stock held directly and 1, shares of common stock held indirectly by Mr. Carrillo was the Philippine Fxcm server maintenance intraday trading on nifty Director for the Confederation of Garment Exporters of the Philippines from January to Aprilwhere she handled industry technical development, strategic partnership and advocacy programs supporting sectoral growth. In case of multiple elements, the contract has the specifics defining every payment or billing milestone as agreed upon between the Company and the client. He also has experience with business process outsourcing. As of December 31, and March 31,The Company determined that none of its long-term assets were impaired. During the second year and succeeding years until end of the contract, maintenance cost revenues will be recognized on a ratable basis, applying a straight-line method. If we do not control our operating expenses, then we will have fewer funds with which to carry out our plan of operations with the result that our business may fail. These unaudited interim consolidated financial statements have been prepared in accordance with generally accepted accounting principles applicable to a going concern, which assumes that the Company will be able to meet its obligations and continue its operations for its next fiscal year. Membership Membership. Prior to and after the acquisition of Telupay PLC, we have had limited operations and revenues to date.

On July 1, , Telupay entered into a settlement agreement with Forte Finance regarding these matters. In Mr. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected. Nine Months Ended December 31, If our Selling Stockholders enter into arrangements with brokers or dealers, as described above, we are obligated to file a post-effective amendment to the registration statement of which this prospectus forms a part, disclosing such arrangements, including the names of any broker dealers acting as underwriters. Common stock issued authorized unissued for financing. FINRA requirements make it more difficult for broker-dealers to recommend that their customers buy our common stock, which may limit your ability to buy and sell our stock and have an adverse effect on the market for our shares. Exact name of registrant as specified in its charter. The Company adopted ASC Topic to measure the fair value of certain of its financial assets required to be measured on a recurring basis. Future programs on human resource development include certification programs and skills enhancement training. Such person was convicted in a criminal proceeding or is a named subject of a pending criminal proceeding excluding traffic violations and other minor offenses ;. These sales may be effected in transactions, which may involve crosses or block transactions. The Group calculates the fair value of option grants and warrant issuances utilizing the Black-Scholes pricing model. Further, a disruption, infiltration or failure of our information technology systems as a result of software or hardware malfunctions, computer viruses, cyber-attacks, employee theft or misuse, power disruptions, natural disasters or accidents could cause breaches of data security and loss of critical data, which in turn could materially adversely affect our business. Based solely on the reports received by us and on the representations of the reporting persons, we believe that these persons have complied with all applicable filing requirements during our fiscal year ended March 31, , except as follows:. Service Announcements Service Announcements. As of June 9, , there were ,, shares of our common stock issued and outstanding.

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. As of March 31,we had a total pra algo trading currency strength bar for windows 34 full-time employees. Engaging in any activity in connection with the purchase or sale of any security or commodity or in connection with any violation of Federal or State securities laws or Federal commodities laws. London Stock Exchange plc is not responsible for trow stock dividend can i buy bitcoin on interactive brokers does not check content on this Website. Information with respect to ownership is jigsaw daytradr multicharts for long trading strategy upon information obtained from the Selling Stockholders. Membership Membership. The purchase of the securities offered by this prospectus involves a high degree of risk. An allowance for doubtful accounts on accounts receivable is charged to operations in amounts sufficient to maintain the allowance for uncollectible accounts at a level management believes is adequate to cover any probable losses. Prior to his time at Telupay, Mr. Our management team lacks experience in running a public company in the United States. Forward-looking statements may include, but are not limited to, statements with respect to currency fluctuations, requirements for additional capital, the completion of financings and regulatory approvals, and the timing and possible outcome of pending litigation and the timing and magnitude of such events, which are inherently risky and uncertain. Pursuant to the agreement, Telupay agreed to pay a commission to Forte Finance for funds originating as a result of their efforts.

Telupay International Inc. As of March 31, , we had a total of 34 full-time employees. FINRA requirements make it more difficult for broker-dealers to recommend that their customers buy our common stock, which may limit your ability to buy and sell our stock and have an adverse effect on the market for our shares. Equity trading Equity trading. All articles All articles. Equity trading Equity trading. The registrant had ,, shares of common stock outstanding as of July 14, The penny stock rules require a broker-dealer, prior to a transaction in a penny stock not otherwise exempt from the rules, to deliver a standardized risk disclosure document in a form required by the Securities and Exchange Commission, and impose a waiting period of two business days before effecting the transaction. As a result of the acquisition of Telupay on September 24, , the Company has changed its fiscal year end from December 31 to March Such person was the subject of any order, judgment or decree, not subsequently reversed, suspended or vacated, of any Federal or State authority barring, suspending or otherwise limiting for more than 60 days the right of such person to engage in any activity described in paragraph 3 i above, or to be associated with persons engaged in any such activity;. At March 31, and , the Group had no cash equivalents. Pursuant to these agreements, two executives Mr. Consequently, you may be effectively prevented from pursuing remedies under U. The merger was effective on September 24, , at which time I-Level Mergeco merged with and into Telupay, pursuant to which the identity and separate corporate existence of I-Level Mergeco ceased and Telupay became the surviving corporation in the Merger and a wholly owned subsidiary of the Company. There are currently no legal proceedings to which any of our directors or officers is a party adverse to us or in which any of our directors or officers has a material interest adverse to us. This information should be read in conjunction with the interim financial statements of our Company and the audited financial statements of Telupay included herein. Number of Late Reports. Our Board of Directors has responsibility for establishing and maintaining guidelines relating to any related party transactions between us and any of our officers or directors. Hernandez has also served as a director of Qspan since May and served as a director of its affiliated entity, Qspan Technologies Philippines, Inc.

Based on this assessment there were no impairments needed as of March31, Carrillo as compensation for services rendered during the period. Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule of the Securities Act. The acquisition of i-Level Systems was completed on March 20, There are currently no legal proceedings to which any of our directors or officers is a party adverse to us or in which any of our directors or officers has a material interest adverse to us. We have incurred only losses since our inception raising substantial doubt about our ability to continue as a going concern. We have not had, and at December 31, , 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. If we do not control our operating expenses, then we will have fewer funds with which to carry out our plan of operations with the result that our business may fail. Our service is vulnerable to computer viruses, phishing attacks or other attacks and similar disruptions from unauthorized use of our systems, any of which could lead to system interruptions, delays or shutdowns, causing loss of critical data or the unauthorized access to personally identifiable information. As a result, our authorized share capital was reduced from 1,,, shares to 14,, shares, par value 0. Debt trading Debt trading. We have not had, and at March 31, , 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.

There is no assurance that we will ever achieve significant revenues or profitability. We agreed to bear substantially all of the expenses in connection with the registration and resale of the shares offered hereby other than selling commissions. Further, our Company may be hampered by lack of experience in addressing the issues and considerations which are common to growing companies. We do not currently engage in any transactions as a hedge against risk of loss due to foreign currency fluctuations. Shares issued to shareholders of Telupay PLC to effect the recapitalization. Foreign exchange gain. From September to MayMr. ITEM For accounting purposes, this change of control constitutes a re-capitalization of the Company, and the acquisition has been accounted for as a reverse merger whereby we, as the legal acquirer, are treated as the acquired entity, and Telupay, as the legal subsidiary, is treated as the acquiring company with the continuing obligations. The Selling Stockholders, however, will pay any commissions or other fees payable to brokers or dealers in connection with any sale of the common stock. Pursuant to the agreement, Telupay agreed to convert the outstanding amounts claimed under notes payables to 2, shares, consultancy shares of 1. Income statement amounts are translated at a weighted average monthly exchange rate for each reporting period. The estimated useful lives for significant property and equipment categories are as follows:. Decrease increase in accounts payable and accruals — related party. March 31, The compensation received by brokers or dealers may, but is not expected to, exceed that which teach me trading profit and loss account randy opper price action course customary for the types of transactions involved. Net Cash Provided by Financing Activities. Additionally, for any transaction involving a penny stock, unless exempt, the rules require the delivery, prior to the first transaction, of a risk disclosure document relating to the penny stock market. In addition, we will make copies of this prospectus available how to trade dow jones futures ym nivel basico forex en pdf the selling security holders can you really make money playing the stock market how to trade pre market ameritrade the purpose of satisfying the prospectus delivery requirements of the Securities Act. Shares Owned Prior to this Offering 1. The Philippines continues to experience low growth in its gross domestic product, significant inflation, currency declines and shortages of foreign exchange.

We have advised the selling security holders that the anti-manipulation rules of Regulation M under the Exchange Act may apply tips trading di olymp trade ethereum cfd trading sales of shares in the market and to the activities of the selling security holders and their affiliates. Level III — Valuations based on inputs capital gains futures trading how to learn the stock markets are supportable by little or no market activity and that are significant to the fair value of the asset or liability. As a mobile banking and payment application business, any disruptions, failures or cyber attacks in our information technology systems and network infrastructures, or any breach of security with respect to personally identifiable information, could have a material adverse effect on our business. ITEM 1. March 31, The closing of the acquisition of Telupay represented a change in control of the Company. You should not assume that the information provided by the prospectus is ethereum historical price chart by 1 minute poloniex exchange introduction to bitcoin trading coinba as of any date other than the date on the front of this prospectus. We may find that the costs of carrying out our plan of tradervue ninjatrader 8 vpoc are greater than we anticipate. As of March 31,we had a total of 34 full-time employees. Management is responsible for establishing and maintaining adequate internal control over futures trading commissions tax deductible day trading sites financial reporting as defined in Rules 13a f and 15d f of the Exchange Act. Number of securities to be issued upon exercise of outstanding options, warrants and rights a. Chiew as an officer and director of the Company. Depreciation is provided over the estimated useful lives of the related assets using the straight-line method for financial statement purposes. Tools Tools. All financial information is stated in United States dollars unless otherwise specified.

During we plan to seek further additional financing, but there is no guarantee that we will be able to do so. Diluted earnings loss per share have not been presented since the effect of the assumed exercise or conversion of stock options, warrants, and debt to purchase common shares, would have an anti-dilutive effect. We have not had operations and have not generated any revenues since December 1, Service Agreement between Telupay Philippines Inc. Increased operating costs will cause the amount of financing that we require to increase. In the event of a liquidation, dissolution or winding up, each outstanding share entitles its holder to participate pro rata in all assets that remain after payment of liabilities and after providing for each class of stock, if any, having preference over the common stock. No dividends have been declared or paid on our common stock. Telupay files annual, quarterly and current reports with the SEC. The table below summarizes all compensation awarded to, earned by or paid to our directors during our fiscal year ended March 31, As of March 31,. Number of Late Reports.