1. ORGANIZATION AND BUSINESS OPERATIONS
ON DEMAND HEAVY DUTY INC.("the Company") was incorporated under the laws of the State of Nevada, U.S. on May 9, 2008. The Company is in the development stage as defined under Statement on Financial Accounting Standards No. 7, Development Stage Enterprises ("SFAS No.7") and it intends to commence business operations by purchasing and distributing eco-friendly building supplies for sale throughout Europe and North America. The company's focus will be in both retail and wholesale sales.
The Company has not generated any revenue to date and consequently its operations are subject to all risks inherent in the establishment of a new business enterprise. For the period from inception, May 9, 2008 through July 31, 2009 the Company has accumulated losses of $15,491.
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CURRENT BUSINESS OPERATIONS
As of the date of this Quarterly Report, we have not started operations. We intend to provide mechanical services to North American oil, gas and mineral exploration and development companies who do not have sufficient mechanical staff or are in need of specialized repairs in remote areas. Our focus will be on the Oil and Gas industry in Alberta with future plans of expanding into mining and the provinces of Manitoba and Saskatchewan. Our services will include on site mechanical repairs on both work vehicles and heavy duty machinery. We will provide an efficient service to companies in all the remote locations in the Canadian north with well equipped mechanical repair vehicles.
Initially, we plan to outfit two `repair vehicles'. These vehicles will be outfitted with all the necessary tools and equipment to provide motor vehicle and heavy duty equipment repairs. The cost to outfit a `repair vehicle' will be approximately C$250,000. If our initial business is successful we intend to hire additional personnel and expand our fleet to as many vehicles as necessary to accommodate the companies market.
We have not begun operations and will not begin operations until we have completed this offering. Our plan of operation is forward-looking and there is no assurance that we will ever begin operations. We are a development stage company and have not earned any revenue. It is likely that we will not be able to achieve profitability and will have to cease operations due to the lack of funding.