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Re: angelo2112 post# 490

Wednesday, 05/30/2018 4:45:17 PM

Wednesday, May 30, 2018 4:45:17 PM

Post# of 554
Explanatory Note

UBL Interactive, Inc. (“UBL,” or “Company”, “we,” “us” or “our”) is filing this Comprehensive Annual Report on Form 10-K for the fiscal year ended September 30, 2017 (this “Annual Report”) as part of its efforts to become current in its filing obligations under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Since the Company has not filed its interim financial statements and quarterly reports on Forms 10-Q as of, and for the periods ended December 31, 2017, 2016 and 2015, March 31, 2016 and 2017; and June 30, 2016 and 2017; and has not filed its annual financial statements and annual reports as of September 30, 2017, 2016, and 2015, as of the date of this Annual Report (being filed by the Company after its due date), the Company is including information regarding the fiscal years ended September 30, 2017, 2016, and 2015, as well as summarized quarterly financial information which would have been included in quarterly reports on Form 10-Q which were not previously filed for each of the quarters ended December 31, 2015, 2016 and 2017, March 31 , 2016 and 2017 , and , June 30, 2017 and 2016. The Company is including the interim financial information along with management’s discussion and analysis for the applicable periods in this Annual Report. The Company has determined that it can best provide current and accurate information to investors and shareholders by focusing the Company’s efforts and resources on providing more timely information.
https://www.sec.gov/Archives/edgar/data/1576778/000157677818000006/ubl10k1sept302017.htm

Introduction

This annual report on Form 10-K is a comprehensive filing for the fiscal years ended September 30, 2017, 2016 and 2015. It is being filed by us to move toward becoming current in our filing obligations under the Securities Exchange Act of 1934, as amended. This is our first periodic filing since we filed a Form 10-Q for the quarter ended June 30, 2015, on August 24, 2015. Included in this report are the audited financial statements that would have been included in annual reports on Form 10-K which were not previously filed for the years ended September 30, 2017, 2016 and 2015, as well as summarized quarterly financial information which would have been included in quarterly reports on Form 10-Q, which were not previously filed for each of the quarters ended December 31, 2015, 2016 and 2017, March 31, 2016 and 2017 , and June 30, 2016 and 2017.

Our delinquencies with regard to these filings were due to the fact that the Company discontinued operations after June 30, 2015, because the Company’s prior business plan proved to not be viable and the Company was not able to generate cash flows sufficient to continue operations, and subsequently certain of the Company’s creditors sued the Company, obtained default judgements and put the Company into receivership.

This annual report should be read together and in connection with the other reports that have been filed by us with the SEC for a comprehensive description of our financial condition and operating results. In the interest of disclosure, we have included information in this annual report certain material events and developments that have taken place through the date of filing of this annual report with the SEC.

In this Annual Report on Form 10-K, UBL Interactive, Inc. together with its subsidiaries, is referred to in this document as “UBLI”, “we”, “us”, “or the “Company”), incorporates by reference certain information from parts of other documents filed with the Securities and Exchange Commission. The Securities and Exchange Commission allows us to disclose important information by referring to it in that manner. Please refer to all such information when reading this Annual Report on Form 10-K. All information is as of September 30, 2017 unless otherwise indicated.
https://www.sec.gov/Archives/edgar/data/1576778/000147793218001027/0001477932-18-001027-index.htm


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