OGL Holdings Ltd.

CIK:0001634421|SEC Filings

Condensed Statements of Operations - USD ($)	3 Months Ended		9 Months Ended
Condensed Statements of Operations - USD ($)	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Revenue	$ 0	$ 0	$ 0	$ 0
Cost of Revenue	0	0	0	0
Gross Profit	0	0	0	0
Operating Expenses
Depreciation	2,253	0	5,260	0
General and administrative	16,216	454	39,059	1,166
Total Operating Expenses	18,469	454	44,319	1,166
Operating Loss From Operations	(18,469)	(454)	(44,319)	(1,166)
Other Income (Expenses)	0	0	0	0
Loss From Operations Before Income Tax	(18,469)	(454)	(44,319)	(1,166)
Provision For Income Tax	0	0	400	0
Net Loss	$ (18,469)	$ (454)	$ (44,719)	$ (1,166)
Basic and Diluted Net Loss Per Share	$ (0.00)	$ 0.00	$ (0.00)	$ (0.00)
Weighted Average Number of Shares Outstanding	21,222,000	19,785,714	21,012,387	19,159,004

Condensed Statements of Cash Flows - USD ($)	9 Months Ended
Condensed Statements of Cash Flows - USD ($)	Sep. 30, 2016	Sep. 30, 2015
Cash Flows from Operating Activities
Net loss	$ (44,719)	$ (1,166)
Adjustment to reconcile net loss to net cash used in operating activities:
Expenses paid by stockholder and contributed as capital	0	1,166
Depreciation	5,260	0
Changes in operating assets and liabilities
Increase in accrued liabilities	19,404	0
Net Cash Used in Operating Activities	(20,055)	0
Cash Flows from Financing Activities
Cash proceeds from loans from related party	20,055	0
Net Cash Provided by Financing Activities	20,055	0
Net Increase in Cash and Cash Equivalents	0	0
Cash and Cash Equivalents, Beginning of the Period	0	0
Cash and Cash Equivalents, End of the Period	0	0
Supplemental Disclosures of Cash Flow Information
Cash paid for income taxes	400	0
Cash paid for interest	0	0
Supplemental Disclosures of Non-Cash Investing and Financing Activities
Issuance of common stock in exchange of licensing rights	122	0
Purchase of property and equipment	$ 36,006	$ 0

Condensed Balance Sheets - USD ($)	Sep. 30, 2016	Dec. 31, 2015
Current Assets
Cash and cash equivalents	$ 0	$ 0
Total Current Assets	0	0
Property & equipment, net	30,746	0
Licensing rights	122	0
Total Assets	30,868	0
Current Liabilities
Accrued liabilities	19,404	0
Payable to related party	56,061	0
Total Current Liabilities	75,465	0
Total Liabilities	75,465	0
Commitments and Contingencies (Note 7)
Stockholders' Deficit
Preferred stock, $0.0001 par value, 20,000,000 shares authorized; none issued and outstanding at September 30, 2016 and December 31, 2015, respectively	0	0
Common stock, $0.0001 par value, 100,000,000 shares authorized; 21,222,000 shares and 20,000,000 shares issued and outstanding at September 30, 2016 and December 31, 2015, respectively	2,122	2,000
Discount on common stock	(2,000)	(2,000)
Additional paid-in capital	113,241	113,241
Accumulated deficit	(157,960)	(113,241)
Total Stockholders' Deficit	(44,597)	0
Total Liabilities and Stockholders' Deficit	$ 30,868	$ 0