UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-Q
[X]
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Quarterly Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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For the quarterly period ended
August 31, 2011
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[ ]
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Transition Report pursuant to 13 or 15(d) of the Securities Exchange Act of 1934
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For the transition period from __________ to__________
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Commission File Number: 333-171842
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Southern States Sign Company
(Exact name of registrant as specified in its
charter)
Nevada
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26-3014345
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(State or other jurisdiction of incorporation or organization)
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(IRS Employer Identification No.)
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7231 S. Eastern Ave., Suite B-127, Las Vegas, Nevada 89119
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(Address of principal executive offices)
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(702) 496-5888
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(Registrant’s telephone number)
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_______________________________________________________________
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(Former name, former address and former fiscal year, if changed since last report)
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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 [X] Yes [ ] No
Indicate by check mark whether the
registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be
submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or
for such shorter period that the registrant was required to submit and post such files). [ ] Yes [X] No
Indicate
by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller
reporting company.
[ ] Large accelerated filer Accelerated filer
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[ ] Non-accelerated filer
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[X] Smaller reporting company
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Indicate by check mark whether the
registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). [X] Yes [ ] No
State the number of shares outstanding of each
of the issuer’s classes of common stock, as of the latest practicable date: 18,000,000 as of October 13, 2011.
PART I - FINANCIAL INFORMATION
Item 1. Financial Statements
Our financial
statements included in this Form 10-Q are as follows:
These financial statements have been prepared
in accordance with accounting principles generally accepted in the United States of America for interim financial information and
the SEC instructions to Form 10-Q. In the opinion of management, all adjustments considered necessary for a fair presentation have
been included. Operating results for the interim period ended August 31, 2011 are not necessarily indicative of the results that
can be expected for the full year.
SOUTHERN STATES SIGN COMPANY
(A DEVELOPMENT STAGE
COMPANY)
BALANCE SHEETS (unaudited)
As of August 31, 2011 and November 30, 2010
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August 31,
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November 30,
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2011
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2010
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ASSETS
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Current assets
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Cash
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$
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39,075
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$
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18,120
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Total current assets
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39,075
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18,120
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Total assets
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$
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39,075
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$
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18,120
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LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)
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LIABILITIES
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Current Liabilities
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Accrued expenses
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$
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38,487
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$
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15,817
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Advances from director
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30,000
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—
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68,487
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—
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STOCKHOLDERS’ EQUITY (DEFICIT)
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Common stock, $.001 par value, 100,000,000 shares authorized, 18,000,000 shares issued and
outstanding
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18,000
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18,000
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Additional paid in capital
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42,000
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42,000
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Deficit accumulated during the Development stage
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(89,412
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)
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(57,697
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)
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Total stockholders’ equity (deficit)
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(29,412
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)
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2,303
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TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)
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$
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39,075
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$
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18,120
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See accompanying notes to financial statements.
SOUTHERN STATES SIGN COMPANY
(A DEVELOPMENT STAGE COMPANY)
STATEMENTS OF OPERATIONS (unaudited)
For the three months and nine months ended
August 31, 2011 and 2010
For the period from July 15, 2008 (Date
of Inception) through August 31, 2011
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Three months ended
August 31, 2011
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Three months ended
August 31, 2010
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Nine months ended
August 31, 2011
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Nine months ended
August 31, 2010
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Inception
(July 15, 2008)
through
August 31, 2011
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General and administrative expenses:
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Professional fees
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$
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1,500
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$
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—
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29,326
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—
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50,143
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Consulting fees
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—
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—
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—
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—
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35,211
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Interest
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525
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—
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1,343
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—
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1,343
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Other
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993
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78
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1,046
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207
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2,715
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Total general and administrative expenses
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3,018
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78
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31,715
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207
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89,412
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Net loss and comprehensive loss
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$
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(3,018
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$
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(78
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$
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(31,715
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$
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(207
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$
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(89,412
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Net loss per share:
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Basic and diluted
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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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$
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(0.00
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)
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Weighted average shares outstanding:
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Basic and diluted
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18,000,000
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16,700,000
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18,000,000
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16,700,000
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See accompanying notes to financial statements.
SOUTHERN STATES SIGN COMPANY
(A DEVELOPMENT STAGE COMPANY)
STATEMENT OF CASH FLOWS (unaudited)
For the nine months ended August 31, 2011
and 2010
July 15, 2008 (Date of Inception) through
August 31, 2011
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Nine months ended
August 31, 2011
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Nine months ended
August 31, 2010
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Inception through
August 31, 2011
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CASH FLOWS FROM OPERATING ACTIVITIES
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Net loss and comprehensive loss
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$
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(31,715
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$
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(207
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$
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(89,412
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)
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Change in non-cash working capital items
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Increase (decrease) in accrued expenses
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22,670
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—
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38,487
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CASH FLOWS USED IN OPERATING ACTIVITIES
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(9,045
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(207
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(50,925
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)
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CASH FLOWS FROM FINANCING ACTIVITIES
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Proceeds from sale of common stock
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—
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7,000
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60,000
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Advances from director
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30,000
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—
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30,000
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CASH FLOWS USED IN FINANCING ACTIVITIES
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30,000
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7,000
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90,000
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NET INCREASE (DECREASE) IN CASH
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20,955
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6,793
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39,075
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Cash, beginning of period
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18,120
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5,583
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—
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Cash, end of period
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$
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39,075
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$
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12,376
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$
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39,075
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SUPPLEMENTAL CASH FLOW INFORMATION
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Interest paid
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$
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—
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$
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—
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Income taxes paid
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$
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—
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$
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—
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See accompanying notes to financial statements.
SOUTHERN STATES SIGN
COMPANY
(A DEVELOPMENT STAGE COMPANY)
NOTES TO THE FINANCIAL STATEMENTS
August 31, 2011
NOTE 1 – NATURE OF OPERATIONS AND BASIS OF REPORTING
The accompanying unaudited interim financial
statements have been prepared by Southern States Sign Company (the “Company”) pursuant to the rules and regulations
of the United States Securities and Exchange Commission. Certain information and disclosures normally included in annual financial
statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed
or omitted pursuant to such rules and regulations. In the opinion of management, all adjustments and disclosures necessary for
a fair presentation of these financial statements have been included. Such adjustments consist of normal recurring adjustments.
These interim financial statements should be read in conjunction with the audited financial statements of the Company for the fiscal
year ended November 30, 2010.
The results of operations for the nine months
ended August 31, 2011 are not indicative of the results that may be expected for the full year.
NOTE 2 – SUMMARY OF SIGNIFICANT
ACCOUNTING POLICIES
Nature of Business
SOUTHERN STATES SIGN COMPANY (“Southern”
or the “Company”) was incorporated in Nevada on July 15, 2008. Southern is a Development stage company and has not
yet realized any revenues from its planned operations. Southern is currently in the business of locating suitable locations, selling
advertising and installing billboard signs.
Use of Estimates
The preparation of financial statements in
conformity with accounting principles generally accepted in the United States of America requires management to make estimates
and assumptions that affect the reported amounts of assets and liabilities at the date of the balance sheet. Actual results could
differ from those estimates.
Basic Loss Per Share
Basic loss per share has been calculated based
on the weighted average number of shares of common stock outstanding during the period.
Comprehensive Income
The Company has adopted SFAS 130 “Reporting
Comprehensive Income”, which establishes standards for reporting and display of comprehensive income, its components and
accumulated balances. When applicable, the Company would disclose this information on its Statement of Stockholders’ Equity.
Comprehensive income comprises equity except those resulting from investments by owners and distributions to owners. The Company
has not had any significant transactions that are required to be reported in other comprehensive income.
SOUTHERN STATES SIGN COMPANY
(A DEVELOPMENT STAGE COMPANY)
NOTES TO THE FINANCIAL STATEMENTS
August 31, 2011
NOTE 2 – SUMMARY OF SIGNIFICANT
ACCOUNTING POLICIES (continued)
Income Tax
Southern follows SFAS
109, “Accounting for Income Taxes” (ASC 740-10-05). Deferred income taxes reflect the net effect of (a) temporary
difference between carrying amounts of assets and liabilities for financial purposes and the amounts used for income tax
reporting purposes, and (b) net operating loss carry-forwards. No net provision for refundable Federal income tax has been
made in the accompanying statement of loss because no recoverable taxes were paid previously. Similarly, no deferred tax
asset attributable to the net operating loss carry-forward has been recognized, as it is not deemed likely to be
realized.
Cash
and Cash
E
q
ui
v
a
lents
T
h
e
C
o
m
p
a
ny
c
o
nsi
d
ers
all
h
i
gh
ly
li
qu
i
d
inves
t
m
e
n
ts
wit
h
t
h
e
ori
g
i
n
a
l
m
atu
ritie
s
o
f
thre
e
m
on
t
hs
or
les
s
to
be ca
s
h
e
q
u
i
v
a
le
n
t
s
Recent Accounting Pronouncements
Southern does not expect the adoption of recently
issued accounting pronouncements to have a significant impact on the Company’s results of operations, financial position
or cash flow.
NOTE 3 - GOING CONCERN
Southern has limited working capital and has
a deficit accumulated during the Development stage of $89,412 as of August 31, 2011. Southern's financial statements are prepared
using the generally accepted accounting principles applicable to a going concern, which contemplates the realization of assets
and liquidation of liabilities in the normal course of business. However, Southern has no current source of revenue. Without realization
of additional capital, it would be unlikely for Southern to continue as a going concern. Southern's management plans on raising
cash from public or private debt or equity financing, on an as needed basis and in the longer term, upon achieving profitable operations
through its business activities.
NOTE 4 – INCOME TAXES
The provision for Federal income tax consists of the following:
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August 31,
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August 31,
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2011
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2010
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Federal income tax benefit attributable to:
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Current operations
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$
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9,757
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$
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70
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Less: valuation allowance
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(9,757
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)
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(70
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)
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Net provision for Federal income taxes
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$
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—
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$
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—
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SOUTHERN STATES SIGN COMPANY
(A DEVELOPMENT STAGE COMPANY)
NOTES TO THE FINANCIAL STATEMENTS
August 31, 2011
NOTE 4 – INCOME TAXES (continued)
The cumulative tax effect at the expected rate
of 34% of significant items comprising our net deferred tax amount is as follows:
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August 31, 2011
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Deferred tax asset attributable to:
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Net operating loss carryover
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$
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30,400
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Less: valuation allowance
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(30,400
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)
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Net deferred tax asset
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$
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—
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At August 31, 2011, Southern had an unused net operating loss carryover
approximating $89,400 that is available to offset future taxable income; it expires beginning in 2028.
NOTE 5 – COMMON STOCK
The Company has 90,000,000 shares of $0.001 par value common stock
authorized.
On August 22, 2008, the Company sold 15,000,000 common shares at
$.02 per share to the founder for cash proceeds of $30,000.
In September 2008, the Company sold 1,400,000 common shares at $.01
per share to unrelated third parties for total proceeds of $14,000.
In May 2009, the Company sold 300,000 common shares at $.01 per
share to unrelated third parties for total proceeds of $3,000.
In December 2009, the Company sold 700,000 common shares at $.01
per share to unrelated third parties for total proceeds of $7,000.
In November 2010, the Company sold 600,000 common shares at $.01
per share to unrelated third parties for total proceeds of $6,000.
The Company has 10,000,000 shares of $0.001 par value preferred
stock authorized. There are no preferred shares issued and outstanding as of August 31, 2011.
As of August 31, 2011, the company had no warrants or options outstanding.
SOUTHERN STATES SIGN
COMPANY
(A DEVELOPMENT STAGE COMPANY)
NOTES TO THE FINANCIAL STATEMENTS
August 31, 2011
NOTE 6 – ADVANCES FROM DIRECTOR
The advances from a director bear interest
at 7% per annum and are due January 18, 2013. Interest of $ 1,343 has been accrued in these financial statements. The full amount
of the principal of the advance was paid off in September 2011.
NOTE 7 – COMMITMENTS
Southern neither owns nor leases any real or
personal property. An officer has provided office services without charge. There is no obligation for the officer to continue this
arrangement. Such costs are immaterial to the financial statements and accordingly are not reflected herein. The officers and directors
are involved in other business activities and most likely will become involved in other business activities in the future.
NOTE 8 – SUBSEQUENT EVENTS
Management has analyzed its operations through the date on which
the financial statements were issued, and has determined it does not have any material subsequent events to disclose.
Item 2. Management’s Discussion and
Analysis of Financial Condition and Results of Operations
Forward-Looking Statements
Certain statements, other than purely historical
information, including estimates, projections, statements relating to our business plans, objectives, and expected operating results,
and the assumptions upon which those statements are based, are “forward-looking statements.” These forward-looking
statements generally are identified by the words “believes,” “project,” “expects,” “anticipates,”
“estimates,” “intends,” “strategy,” “plan,” “may,” “will,”
“would,” “will be,” “will continue,” “will likely result,” and similar expressions.
Forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties which
may cause actual results to differ materially from the forward-looking statements.
Our ability to predict
results or the actual effect of future plans or strategies is inherently uncertain. Factors which could have a material adverse
affect on our operations and future prospects on a consolidated basis include, but are not limited to: changes in economic conditions,
legislative/regulatory changes, availability of capital, interest rates, competition, and generally accepted accounting principles.
These risks and uncertainties should also be considered in evaluating forward-looking statements and undue reliance should not
be placed on such statements.
Management’s Discussion and Analysis
of Financial Condition and Results of Operations
Company Overview and Plan of Operations
We were incorporated as Southern States Sign
Company on July 15, 2008, in the State of Nevada for the purpose of finding suitable locations for billboard signs, signing leases
with the property owners to build billboards on the property, contracting with a construction company to build billboards, and
selling the billboard space to advertisers. Our initial focus is on the Southern Nevada market area.
Currently, we have leased two locations for
the potential future erection of billboard signs. One of these locations is along the I-15 freeway in Las Vegas, Nevada
(APN: 177-20-601-001) with a stated monthly rental of $3,000 per month. The other location is at 13000 Las Vegas Boulevard
South in Las Vegas, Nevada (APN: 191-08-801-007) with a stated monthly rental of $1,000 per month. Both site leases
are for a twenty year term beginning December 19, 2010 and are conditional upon our obtaining local governmental approval for the
erection of a billboard sign on the site. Our rent payment obligations on these leases will not commence until construction
of a billboard sign on the sites has been completed. Under the terms of our leases, we are forbidden from placing advertisements
on the planned billboards that are in direct competition with any business on the premises. The I-15 freeway location
is vacant land and the 13000 Las Vegas Boulevard location is occupied by a helicopter company. We therefore do not believe
that this contractual restriction will materially limit the pool of available advertisers on our planned billboards.
During the current fiscal year, we will pursue
local regulatory approval for a standard billboard to be constructed on the I-15 freeway location. When and if the site
is approved for a new billboard, we plan to pursue the construction of a standard billboard sign on the site at an approximate
cost of $90,000. Our ability to generate revenues will depend upon our obtaining regulatory approval for one or more
billboard sites and raising the additional capital needed to construct the billboards.
Our initial attempt to secure regulatory approval
for a billboard site, undertaken in 2008-09, was not successful. A site plan, technical information, and an application
packet were prepared for the site for which we sought approval in 2008-09. In addition, a positive report and recommendation
was prepared by the planning commission staff and the site was approved by the local planning commission. Due to general
aesthetic issues with the specific site in question, however, our original application was not successful at the city council level.
Management believes that, due to their locations, neither of our currently leased sites will present the same issues.
Our planned expenses for the current fiscal
year will total approximately $30,000 and will consist of legal, consulting, and technical expenses related to obtaining local
regulatory approval for the erection of our first billboard in Las Vegas, Nevada, as well as accounting and legal expenses related
to our becoming a publicly reporting company.
We believe that our current cash on hand will
enable us to fund our planned expenses for the remainder of our current fiscal year. Although the erection of our first
billboard is currently planned for the early part of our fiscal year beginning December 1, 2011, we currently do not have any arrangements
for financing and we may not be able to obtain financing when required.
Local Approval Process
Our ability to undertake construction of billboards
on our leased sites will depend upon securing regulatory approval from the necessary local government agencies. The
approval process will consists of the following steps:
1)
|
Preparation of a site plan and other technical information and drafting of an application packet
|
2)
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A pre-application meeting with planning department staff to resolve any technical or other issues with the site plan and application packet.
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3)
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A report and opinion will be produced by the planning department staff.
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4)
|
The application will be considered by the local planning commission. Consultants will be engaged to meet with planning commission staff and/or to help in presenting the application at the planning commission hearing.
|
5)
|
The application will be considered by the city council or county commission, as applicable. Consultants will be engaged to meet with planning commission staff and/or to help in presenting the application at the planning commission hearing.
|
The estimated cost for steps 1 and 2, above,
is approximately $5,000. The cost for the remaining steps is estimated to be approximately $15,000. We have
not yet begun this process for our currently planned billboard sites, but intend to begin site plan preparation for the I-15 location
within the immediate future.
Our initial attempt to secure regulatory approval
for a billboard site, undertaken in 2008-09, was not successful. Our original application was unsuccessful primarily
due to aesthetic issues with the specific site in question. Management believes that, due to their locations, neither
of our currently leased sites will present the same issues.
As detailed above, we have budgeted approximately
$20,000, including legal and consulting and site plan preparation, during the current fiscal year for expenses related to the approval
process for one of our leased sites. We have selected our leased sites based in part upon their likely suitability for
an approved billboard location. There can be no firm assurance, however, that the required regulatory approvals will
be obtained.
Over the coming months, we intend to continue
to pursue conditional leases on several additional sites located in the Las Vegas, Nevada area. A “conditional
lease” for a billboard site is a lease which is conditional upon obtaining regulatory approval for the erection of a billboard
on the site, and under which periodic rent obligations do not commence until the construction of a billboard on the site. These
sites will be selected based upon their cost, location quality, and likely ability to obtain government approval for erection of
billboard signage.
Billboard Manufacturing and Erection
Following local regulatory approval of our
first billboard site, we will negotiate for the construction of a standard billboard on the site with construction firms specializing
in billboard construction. Management currently estimates that the cost of single standard billboard to be approximately
$90,000. The actual project price, payment terms, construction time, and other matters will, however, be the subject
of future negotiations. Construction of our first billboard is tentatively planned for the first part of our fiscal year beginning
December 1, 2011.
Results of operations for the three and
nine months ended August 31, 2011 and 2010, and for the period from July 15, 2008 (date of inception) through August 31, 2011.
We generated no revenue and incurred expenses
and net losses in the amount of $89,412 for the period from inception on July 15, 2008 through August 31, 2011. Our
expenses consisted of professional fees, consulting fees, general and administrative expenses, and interest. During
the three months ended August 31, 2011, we incurred expenses and a net loss of $3,018, compared to expenses and a net loss of $78
incurred during the three months ended August 31, 2010. During the nine months ended August 31, 2011, we incurred expenses
and a net loss of $31,715, compared to expenses and a net loss of $207 incurred during the nine months ended August 31, 2010.
Liquidity and Capital Resources
As of August 31, 2011, we had total current
assets of $39,075 consisting entirely of cash. We had current liabilities of $68,487 as of August 31, 2011, consisting of accrued
expenses of $38,487 and a note owing to our director in the amount of $30,000. Accordingly, we had a working capital
deficit of $29,412 as of August 31, 2011.
As outlined above, we expect to spend a total
of approximately $30,000 toward the implementation of our business plan over the course of the current fiscal year, including legal,
consulting, and technical expenses related to obtaining local regulatory approval for the erection of our first billboard in Las
Vegas, Nevada, as well as accounting and legal expenses related to our becoming a publicly reporting company. On January
13, 2011, we received additional capital in the form of a $30,000 cash loan advanced to us by our sole officer and director, David
Ben Bassat. We believe that our current cash on hand will enable us to fund our planned expenses for our fiscal year beginning
December 1, 2010.
We will require additional capital in the approximate
amount of $90,000 in order to construct and erect our first billboard if and when local regulatory approval is obtained.
If we are unable to obtain the required financing, or are able to only obtain a portion of the required financing, we will be unable
to proceed and our business may fail.
A breakdown and timeline for the construction
costs is as follows:
Time
|
Costs
|
Approx. 14 days after final site approval
|
$10,000 deposit to contractor
$10,000 deposit to steel company
|
Upon issuance of building permit to contractor (approx. 4-6 weeks later)
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Steel is shipped to site and construction is begun
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Upon final inspection of completed structure (approx. 2 months later)
|
Final balances totaling approx. $70,000 are due to steel company and contractor
|
Although the erection of our first billboard
is currently planned for the early part of our fiscal year beginning December 1, 2011, we currently do not have any arrangements
for financing and we may not be able to obtain financing when required. We do not have any formal commitments or arrangements
for the sales of stock or the advancement of additional loan of funds at this time. There can be no assurance that such additional
financing will be available to us on acceptable terms, or at all.
Off
Balance Sheet Arrangements
As of
August 31, 2011
, there were no off balance sheet arrangements.
Going Concern
We have negative working capital, have incurred
losses since inception, and have not yet established a source of revenues. These factors create substantial doubt about our ability
to continue as a going concern. The financial statements do not include any adjustment that might be necessary if we are unable
to continue as a going concern.
Our ability to continue as a going concern
is dependent on generating cash from the sale of our common stock and/or obtaining debt financing and attaining future profitable
operations. Management’s plans include selling our equity securities and obtaining debt financing to fund our capital requirement
and ongoing operations; however, there can be no assurance we will be successful in these efforts.
Item 3. Quantitative and Qualitative Disclosures
About Market Risk
A smaller reporting company is not required
to provide the information required by this Item.
Item 4. Controls and Procedures
We carried out an evaluation of the effectiveness
of the design and operation of our disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e))
as of May 31, 2011. This evaluation was carried out under the supervision and with the participation of our Chief Executive Officer
and our Chief Financial Officer, David Ben Bassat. Based upon that evaluation, our Chief Executive Officer and Chief Financial
Officer concluded that, as of August 31, 2011, our disclosure controls and procedures are not effective. There have been no changes
in our internal controls over financial reporting during the quarter ended August 31, 2011.
Management determined that the material weaknesses
that resulted in controls being ineffective are primarily due to lack of resources and number of employees. 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.
Disclosure controls and procedures are controls
and other procedures that are designed to ensure that information required to be disclosed in our reports filed or submitted under
the Exchange Act are recorded, processed, summarized and reported, within the time periods specified in the SEC's rules and forms.
Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required
to be disclosed in our reports filed under the Exchange Act is accumulated and communicated to management, including our Chief
Executive Officer and Chief Financial Officer, to allow timely decisions regarding required disclosure.
Limitations on the Effectiveness of Internal Controls
Our management does not expect that our disclosure controls and
procedures or our internal control over financial reporting will necessarily prevent all fraud and material error.
Further, the design of a control system must reflect the fact that there are resource constraints, and the benefits of controls
must be considered relative to their costs. Because of the inherent limitations in all control systems, no evaluation of controls
can provide absolute assurance that all control issues and instances of fraud, if any, within the Company have been detected. These
inherent limitations include the realities that judgments in decision-making can be faulty, and that breakdowns can occur because
of simple error or mistake. Additionally, controls can be circumvented by the individual acts of some persons, by collusion of
two or more people, or by management override of the internal control. The design of any system of controls also is based in part
upon certain assumptions about the likelihood of future events, and there can be no assurance that any design will succeed in achieving
its stated goals under all potential future conditions. Over time, control may become inadequate because of changes in conditions,
or the degree of compliance with the policies or procedures may deteriorate.
PART II – OTHER INFORMATION
Item 1. Legal Proceedings
We are not a party to any pending legal proceeding.
We are not aware of any pending legal proceeding to which any of our officers, directors, or any beneficial holders of 5% or more
of our voting securities are adverse to us or have a material interest adverse to us.
Item 1A: Risk Factors
A smaller reporting company is not required
to provide the information required by this Item.
Item 2. Unregistered Sales of Equity Securities
and Use of Proceeds
None
Item 3. Defaults upon Senior Securities
None
Item 4. Removed and Reserved
Item 5. Other Information
None
Item 6. Exhibits
SIGNATURES
In accordance with the requirements of the Securities and Exchange
Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
|
Southern States Sign Co.
|
|
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Date:
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October 17, 2011
|
|
|
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/s/ David Ben Bassat
|
By:
|
David Ben Bassat
|
Title:
|
President, CEO and CFO
|
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