Interactive Multi Me (OTC BB:IMMA)

Management Discussion and Analysis

We had no gross revenue for the three and nine month periods ended July 31, 2015 and 2014.

Our general and administrative expenses from continuing operations for the three and nine months ended July 31, 2015, were $6,417 and $29,606, respectively,  as compared to $3,954 and $25,210 for the comparable three and nine month periods ended July 31, 2014.

Overall, we have net losses of $6,417 and $29,606 for the respective three and nine months ended July 31, 2015, as compared to net losses of $3,954 and $25,210, respectively, for the corresponding three and nine months of the preceding year.

Management Disucssion and Analysis

We had no gross revenue for the three and six month periods ended April 30, 2015 and 2014.

Our general and administrative expenses from continuing operations for the three and six months ended April 30, 2015, were $14,609 and $23,189, respectively,  as compared to $12,638 and $21,256 for the comparable three and six month periods ended April 30, 2014.

Overall, we have net losses of $14,609 and $23,189 for the respective three and six months ended April 30, 2015, as compared to net losses of $12,638 and $21,256, respectively, for the corresponding three and six months of the preceding year.

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Management Discussion and Analysis

We had no gross revenue for the three month periods ended January 31, 2015 and 2014.

Our general and administrative expenses from continuing operations for the three months ended January 31, 2015, were $8,580 as compared to $8,618 for the comparable period ended January 31, 2014.

Overall, we have a net loss of $8,580 for the three months ended January 31, 2015, as compared to a net loss of $8,618 in the corresponding three months of the preceding year.

Management Discussion and Analysis

We will require funds to increase and diversify our business.  We will continue to rely on funds raised through the sale of our common stock or other third-party facilities available to us.  As of October 31, 2014, we were in need of equity or debt financing in order to expand operations and execute our business plans.  We cannot assure that we will raise the required funds.
 
We had a net loss for the year ended October 31, 2014, of approximately $30,000, as compared to a net loss for the year ended October 31, 2013, of approximately $65,000. The reduced loss for the year ended October 31, 2014, is primarily attributable to a decrease in administrative expenses of approximately $35,000.

Item 5.03   Amendments to Articles of Incorporation or Bylaws
 
Item 8.01   Other Items
 

Our board of directors approved a four (4) new for one (1) old forward split of our authorized and issued and outstanding shares of common.   Amended Memorandum of Association and Articles of Association for the stock split were filed and became effective on January 26, 2015 under the British Virgin Islands Business Companies Act.  Consequently, our authorized share capital increases from 100,000,000 to 400,000,000 shares of common stock and our issued and outstanding common stock increases from 11,300,000 to 45,200,000 shares, all with a par value of $0.00025.
 
The forward stock split has been reviewed by the Financial Industry Regulatory Authority (FINRA) and has been approved for filing with an effective date of February 3, 2015.
 
The forward split will become effective with the Over-the-Counter Bulletin Board at the opening of trading on February 3, 2015 under the symbol "IMMAD".  The "D" will be placed on our ticker symbol for 20 business days.  Our new CUSIP number is G4895B108.
 

Item 8.01 Other Items

 
On December 30, 2014, our company’s board of directors approved a resolution to effect a four (4) new for one (1) old forward split of our authorized, issued and outstanding shares. Upon effect of the forward split, our authorized capital will increase from 100,000,000 shares, par value $0.001 to 400,000,000 shares, par value $0.0025 and correspondingly, our issued and outstanding shares will increase from 11,300,000 shares, par value $0.001 to 45,200,000 shares, par value of $0.0025.

Item 4.01      Changes in Registrant’s Certifying Accountant

(a) Previous independent registered public accounting firm

(i) On January 5, 2015, Interactive Multi Media Auction Corporation (the “Company”) was formally informed by Ingenium Accounting Associates of its resignation as the Company’s independent registered public accounting firm.

(ii) The reports of Ingenium Accounting Associates on the Company’s consolidated financial statements as of and for the fiscal years ended October 31, 2012 and 2013 contained no adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principle except to indicate that there was substantial doubt about the Company ability to continue as a going concern.

(iii) The Company’s Board of Directors participated in and approved the decision to change independent registered public accounting firms.

(iv) During the fiscal years ended October 31, 2012 and 2013, and through January 5, 2015, there have been no disagreements with Ingenium Accounting Associates on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure, which disagreements if not resolved to the satisfaction of Ingenium Accounting Associates would have caused them to make reference thereto in connection with their report on the financial statements for such years.

(v) The Company has requested that Ingenium Accounting Associates furnish it with a letter addressed to the SEC stating whether or not it agrees with the above statements. A copy of the letter provided by Ingenium Accounting Associates is filed as Exhibit 16.1 to this Form 8-K.

(b) New independent registered public accounting firm
 
  On January 5, 2015, the Company engaged PLS CPA LLC as its new independent registered public accounting firm. During the two most recent fiscal years and through January 5, 2015, the Company had not consulted with PLS CPA LLC regarding any of the following:

 
(i) The application of accounting principles to a specific transaction, either completed or proposed;

(ii) The type of audit opinion that might be rendered on the Company’s consolidated financial statements, and none of the following was provided to the Company: (a) a written report, or (b) oral advice that PLS CPA LLC concluded was an important factor considered by the Company in reaching a decision as to accounting, auditing or financial reporting issue; or
 
(iii) Any matter that was subject of a disagreement, as that term is defined in Item 304(a)(1)(iv) of Regulation S-K.