IHO-AGRO INTERNATIONAL INC.

CIK:0001635538|SEC Filings

Consolidated Statement of Operations - USD ($)	3 Months Ended		9 Months Ended
Consolidated Statement of Operations - USD ($)	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Details
Revenue, net	$ 0		$ 0	$ 58,556
Operating Expenses:
General and administrative	28,226	$ 155,658	287,227	265,946
Total Operating Expenses	28,226	155,658	287,227	265,946
Net Loss	$ (28,226)	$ (155,658)	$ (287,227)	$ (207,390)
Net Loss Per Share, Basic and Diluted	$ (0.00)	$ (0.00)	$ (0.01)	$ (0.00)
Weighted Average Shares Outstanding, Basic and Diluted	35,659,002	35,244,716	35,369,011	34,529,987

Consolidated Statements of Cash Flows - USD ($)	9 Months Ended
Consolidated Statements of Cash Flows - USD ($)	Jun. 30, 2017	Jun. 30, 2016
Operating Activities
Net Loss	$ (287,227)	$ (207,390)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation	213	638
Stock-based compensation	210,000	120,000
Changes in operating assets and liabilities
Prepaid expenses with related party	0	20,065
Accounts receivable	17,707	(30,149)
Accounts payable and accrued liabilities	15,107	(3,657)
Due to shareholder	(8,972)	19,563
Net Cash Used In Operating Activities	(53,172)	(80,930)
Financing Activities
Proceeds from issuance of promissory note	53,000	0
Proceeds from Issuance of Other Long-term Debt	0	10,990
Payments on note payable to related party	0	(5,500)
Proceeds from common stock issued or subscribed	0	45,000
Net Cash Provided By Financing Activities	53,000	50,490
Net Increase (Decrease) in Cash	(172)	(30,440)
Cash, Beginning of Period	1,041	33,753
Cash, End of Period	869	3,313
Supplemental Disclosures:
Interest paid	0	0
Income taxes paid	0	0
Non-cash financing and investing
Cancellation of common stock	$ 3	$ 0

Consolidated Balance Sheets - USD ($)	Jun. 30, 2017	Sep. 30, 2016
Current Assets
Cash	$ 869	$ 1,041
Accounts receivable	19,960	37,667
Prepaid expenses with related party	46,533	46,533
Total current assets	67,362	85,241
Equipment, net of accumulated depreciation	850	1,063
Total Assets	68,212	86,304
LIABILITIES AND STOCKHOLDERS'(DEFICIT) EQUITY
Accounts payable and accrued expenses	31,905	16,798
Convertible Notes Payable, Current	53,000
Due to shareholders	54,511	63,483
Total Liabilities	139,416	80,281
Stockholders' (Deficit) Equity
Common stock, 40,000,000 shares authorized, $0.0001 par value, 35,659,002 shares issued and outstanding (September 30, 2016 - 34,981,502 shares)	3,566	3,499
Additional paid-in capital	931,643	721,710
Accumulated deficit	(1,006,413)	(719,186)
Total Stockholders' (Deficit) Equity	(71,204)	6,023
Total Liabilities and Stockholders' (Deficit) Equity	$ 68,212	$ 86,304