[X]
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QUARTERLY
REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF
1934
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For
the quarterly period ended December 31, 2003
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[ ]
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TRANSITION
REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF
1934
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Nevada
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1-11883
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95-3811580
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(State
or other jurisdiction
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(Commission
File Number)
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(IRS
Employer
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of
Incorporation)
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Identification
Number)
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50
Old Route 25A
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Fort
Salonga, NY 11768
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(Address
of principal executive offices)
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(646)
383-4832
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(Issuer’s
Telephone Number)
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AMT
Group, Inc., fka EMB Corp.
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||||||
Page
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||||||
Balance
Sheet at December 31, 2003 and September 30, 2003
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F-2 | |||||
Statement
of Operations for the three months ended December 31, 2003, and for
the
year ended September 30, 2003
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F-3 | |||||
Statement
of Changes in Shareholders' Deficit for the period from September
30, 2001
through
September
30, 2003 and for the three months ended December 31, 2003
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F-4 | |||||
Statements
of Cash Flows for the three months ended December 31, 2003 and for
the
year ended September 30, 2003
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F-5 | |||||
Notes
to Financial Statements
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F-6 | |||||
F-1 |
AMT
Group, Inc., fka EMB
Corp.
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||||||||||
BALANCE
SHEET
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||||||||||
December
31,
2003
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||||||||||
December
31,
2003
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September
30,
2003
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|||||||||
ASSETS
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||||||||||
Current
assets:
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||||||||||
Cash
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$ | 0 | $ | 0 | ||||||
Total
current
assets
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0 | 0 | ||||||||
TOTAL
ASSETS
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$ | 0 | $ | 0 | ||||||
LIABILITIES
AND STOCKHOLDERS'
DEFICIT
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||||||||||
Current
liabilities:
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||||||||||
Accounts
payable
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$ | 0 | $ | 0 | ||||||
Total
current
liabilities
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0 | 0 | ||||||||
Long-term
Liabilities:
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||||||||||
TOTAL
LIABILITIES
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0 | 0 | ||||||||
STOCKHOLDERS'
DEFICIT (Note
4)
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||||||||||
Preferred
Convertible Series D
stock, 1,000,000 shares authorized, no par value,
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140,000 | 140,000 | ||||||||
140,000
shares issued and
outstanding
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— | — | ||||||||
Preferred
Convertible Series E
stock, 3,000,000 shares authorized, no par value,
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235,000 | 235,000 | ||||||||
2,500,000
shares issued and
outstanding
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||||||||||
Common
stock, 30,000,000 shares
authorized, no par value,
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2,753,079 | 2,753,079 | ||||||||
23,372,569
shares issued and
outstanding
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||||||||||
Treasury
Stock, Preferred
Convertible shares
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(235,000 | ) | (235,000 | ) | ||||||
Retained
deficit
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(2,893,079 | ) | (2,893,079 | ) | ||||||
TOTAL
STOCKHOLDERS'
DEFICIT
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0 | 0 | ||||||||
TOTAL
LIABILITIES AND
STOCKHOLDERS' DEFICIT
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$ | 0 | $ | 0 | ||||||
See
notes to the financial
statements
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||||||||||
F-2 |
AMT
Group, Inc., fka EMB
Corp.
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|||||||
STATEMENTS
OF
OPERATIONS
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|||||||
For
The
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For
The
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For
The
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|||||
Three
Months
Ended
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Three
Months
Ended
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Year
Ended
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December
31,
2003
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December
31,
2002
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September
30,
2003
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|||||
Revenues:
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|||||||
Sales
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$
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0
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$
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0
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$
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0
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Total
revenues
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0
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0
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0
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Expenses:
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|||||||
Salaries
and
Wages
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0
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0
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0
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General
and administrative (Note
1)
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0
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0
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0
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||||
Interest
and
fees
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0
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0
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0
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||||
Commissions
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0
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0
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0
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||||
Write
Down of
Assets
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0
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0
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0
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||||
Total
operating
expenses
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0
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0
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0
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|||||
Income
(Loss) from
operations
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0
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0
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0
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Provision
for Income Taxes (Note
5)
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-
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-
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-
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NET
INCOME
(LOSS)
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$
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0
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$
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0
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$
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0
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Basic
income (loss) per
common share
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$
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0.00
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$
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0.00
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$
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0.00
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Diluted
income (loss) per common
share
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$
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0.00
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$
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0.00
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$
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0.00
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Weighted
average common shares
outstanding - Basic
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0
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0
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0
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Weighted
average common shares
outstanding - Diluted
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0
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0
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0
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See
notes to the financial
statements
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|||||||
F-3
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AMT
Group, Inc., fka EMB Corp.
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STATEMENT
OF CHANGES IN STOCKHOLDERS' DEFICIT
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Total
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Preferred
Stock
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Common
Stock
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Treasury
Stock
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Retained
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Stockholders'
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|||||||||||
Shares
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Amount
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Shares
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Amount
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Shares
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Amount
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Deficit
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Deficit
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||||||||
Balance
at September 30, 2001
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*
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2,500,000
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$
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235,000
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$
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16,706,944
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$
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1,841,901
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(2,500,000)
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$
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(235,000)
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(7,134,276)
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$
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(5,292,375)
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Issued
Stock
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*
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140,000
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140,000
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6,665,625
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911,178
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0
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0
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—
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1,051,178
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||||||
Net
Income (loss) for the period from
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October
1, 2001 through September 30, 2002
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—
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—
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—
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—
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—
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—
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5,124,214
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5,124,214
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(883,017)
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(883,017)
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Balance
at September 30, 2002
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*
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2,640,000
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375,000
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23,372,569
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2,753,079
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(2,500,000)
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(235,000)
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(2,893,079)
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0
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Net
Income (loss) for the period from
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October
1, 2002 through September 30, 2003
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—
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—
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—
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—
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—
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—
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Balance
at September 30, 2003
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*
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2,640,000
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375,000
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23,372,569
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2,753,079
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(2,500,000)
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(235,000)
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(2,893,079)
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0
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||||||
Net
Income (loss) for the period from
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October
1, 2003 through December 31, 2003
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—
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—
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—
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—
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—
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—
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Balance
at December 31, 2003
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*
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2,640,000
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375,000
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23,372,569
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2,753,079
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(2,500,000)
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(235,000)
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(2,893,079)
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0
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||||||
See
notes to the financial statements
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|||||||||||||||
F-4
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AMT
Group, Inc., fka EMB Corp.
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|||||||||
STATEMENTS
OF CASH
FLOWS
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|||||||||
For
The
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For
The
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||||||||
Three
Months
Ended
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Year
Ended
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||||||||
December
31,
2003
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September
30,
2003
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||||||||
CASH
FLOWS FROM OPERATING ACTIVITIES
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|||||||||
Net
loss
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$ | 0 | $ | 0 | |||||
Adjustments
to reconcile net income to
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|||||||||
net
cash provided by operating activities:
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|||||||||
Depreciation
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0 | 0 | |||||||
Changes
in operating assets and liabilities:
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|||||||||
Accounts
Receivable
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0 | 0 | |||||||
Loans
held for sale
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0 | 0 | |||||||
Restricted
Assets
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0 | 0 | |||||||
Other
Assets
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0 | 0 | |||||||
Accounts
payable and accrued expenses
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0 | 0 | |||||||
Issuance
of Common Stock for services
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0 | 0 | |||||||
Line
of Credit
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0 | 0 | |||||||
NET
CASH PROVIDED BY OPERATING ACTIVITIES
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0 | 0 | |||||||
CASH
FLOWS FROM INVESTING ACTIVITIES
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|||||||||
Increase
of Notes Receivable
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0 | 0 | |||||||
CASH
FLOWS FROM FINANCING ACTIVITIES
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|||||||||
Principal
paid on notes payable
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|||||||||
Accumulated
deficit
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0 | 0 | |||||||
Common
Stock
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0 | 0 | |||||||
Preferred
Convertible Series D
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0 | 0 | |||||||
Preferred
Convertible Series E
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0 | 0 | |||||||
Treasury
Stock
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0 | 0 | |||||||
Issuance
of shares for cash
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0 | 0 | |||||||
NET
CASH USED IN FINANCING ACTIVITIES
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0 | 0 | |||||||
NET
CHANGE IN CASH
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0 | 0 | |||||||
CASH
BALANCES
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|||||||||
Beginning
of period
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0 | 0 | |||||||
End
of period
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$ | 0 | $ | 0 | |||||
See
notes to the financial
statements
|
|||||||||
F-5 |
NOTE
2.
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GOING
CONCERN
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NOTE
3.
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STOCKHOLDERS’
DEFICIT
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For
The
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For
The
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|||||||
Three
Months Ended
|
Year
Ended
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|||||||
December
31,
2003
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September
30,
2003
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U.S.
statutory federal rate, graduated………………………………..
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34.24 | % | 34.24 | % | ||||
State
income tax rate, net of federal…………………………………….
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4.21 | % | 4.21 | % | ||||
Net
operating loss (NOL) for which
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no
tax benefit is currently
available……………............................
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-38.45 | % | -38.45 | % | ||||
0.00 | % | 0.00 | % |
Exhibit
#
|
Description
|
||
3.1 |
Restated
Articles of Incorporation (incorporated by reference to Exhibit 3(i)
to
our Registration Statement on Form 10-SB filed on June 28,
1996).
|
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3.2 |
Bylaws
(incorporated by reference to Exhibit 3(i) to our Registration Statement
on Form 10-SB filed on June 28, 1996).
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31.1 |
Certification
of
Ms.
Pak King Diu, pursuant to Rule
13a-14(a)
(Attached hereto).
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31.2 |
Certification
of
Ms.
Pak King Diu, pursuant to Rule
13a-14(a)
(Attached hereto).
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32.1 |
Certification
of Ms. Pak
King Diu, pursuant to 18
U.S.C Section 1350, as adopted pursuant to Section 906 of the
Sarbanes-Oxley Act of 2002 (Attached
hereto).
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Signatures
|
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In
accordance with the requirements of the Exchange Act, the registrant
caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.
|
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/s/
Ms. Pak King Diu
Ms.
Pak King Diu
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President,
Chief Financial Officer and Secretary
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January
24, 2008
|