U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 10-QSB
[X] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the quarterly period ended: September 30, 2007
[ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to _____
Commission File Number 000-52120
_____________________________________________
R&R Acquisition VI, Inc.
(Exact name of small business issuer as specified in its charter)
Delaware
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56-2590442
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(State or other jurisdiction of
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(I.R.S. Employer
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incorporation or organization)
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Identification No.)
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47 School Avenue
Chatham,
NJ 07928
(Address of principal executive offices)
(Former name, former address and former fiscal year,
if changed since last report)
Check whether the issuer (1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act 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. Yes [X] No [ ].
State the number of shares outstanding of issuers common equity as of the last practicable date: As of October 24, 2007, there were 2,500,000 shares of common stock outstanding.
Transactional Small Business Disclosure Format (Check One): Yes [ ] No [X]
Check whether the issuer is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes [X] No [ ].
R&R Acquisition VI, Inc.
(A Development Stage Company)
- INDEX -
PART I - FINANCIAL INFORMATION | ||
Page | ||
ITEM 1. FINANCIAL STATEMENTS | ||
Condensed Balance Sheet as of September 30, 2007 (unaudited) | 2 | |
Condensed Statements of Operations for the Three Months | ||
Ended September 30, 2007 and September 30, 2006 and the period | ||
from June 2, 2006 (Date of Inception) to September 30, 2007 (unaudited) | 3 | |
Condensed Statement of Changes in Stockholders Equity (Deficit) for the period | ||
from June 2, 2006 (Date of Inception) to September 30, 2007 (unaudited) | 4 | |
Condensed Statements of Cash Flows for the Three Months Ended | ||
September 30, 2007 and September 30, 2006 and the period from | ||
June 2, 2006 (Date of Inception) to September 30, 2007 (unaudited) | 5 | |
NOTES TO CONDENSED FINANCIAL STATEMENTS | 6 | |
ITEM 2. MANAGEMENTS DISCUSSION AND ANALYSIS OR PLAN OF OPERATION | 9 | |
PLAN OF OPERATION | ||
ITEM 3. CONTROLS AND PROCEDURES | 11 | |
PART II - OTHER INFORMATION | ||
ITEM 1. LEGAL PROCEEDINGS | 11 | |
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS | 11 | |
ITEM 3. DEFAULTS UPON SENIOR SECURITIES | 11 | |
ITEM 4. SUBMISSION OF MATTER TO A VOTE OF SECURITY HOLDERS | 11 | |
ITEM 5. OTHER INFORMATION | 11 | |
ITEM 6. EXHIBITS | 12 | |
SIGNATURES | 13 |
FORWARD-LOOKING STATEMENTS
Certain statements made in this Quarterly Report on Form 10-QSB are forward-looking statements regarding the plans and objectives of management for future operations and market trends and expectations. Such statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. The forward-looking statements included herein are based on current expectations that involve numerous risks and uncertainties. Our plans and objectives are based, in part, on assumptions involving the continued expansion of our business. Assumptions relating to the foregoing involve judgments with respect to, among other things, future economic, competitive and market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond our control. Although we believe that our assumptions underlying the forward-looking statements are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the forward-looking statements included in this report will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by us or any other person that our objectives and plans will be achieved. We undertake no obligation to revise or update publicly any forward-looking statements for any reason. The terms we, our, us, or any derivative thereof, as used herein refer to R&R Acquisition VI, Inc.
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PART I - FINANCIAL INFORMATION
ITEM 1. FINANCIAL STATEMENTS:
R&R Acquisition VI, Inc.
(A Development Stage Company)
CONDENSED BALANCE SHEET
September 30, 2007
(unaudited)
ASSETS | |||||||
Current Assets | |||||||
Cash and cash equivalents (TOTAL ASSETS) | $ | 7,805 | |||||
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LIABILITIES AND STOCKHOLDERS' DEFICIT | |||||||
Current Liabilities | |||||||
Accrued expenses | $ | 8,508 | |||||
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TOTAL CURRENT LIABILITIES | 8,508 | ||||||
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Commitments and Contingencies | -
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STOCKHOLDERS' DEFICIT | |||||||
Preferred stock, $.0001 par value; 10,000,000 | |||||||
shares authorized, none issued and outstanding | -
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Common stock, $.0001 par value; 75,000,000 | |||||||
shares authorized, 2,500,000 issued and outstanding | 250 | ||||||
Additional paid-in capital | 52,500 | ||||||
Deficit accumulated during the development period | (53,453) | ||||||
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TOTAL STOCKHOLDERS' DEFICIT | (703) | ||||||
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TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT | $ | 7,805 | |||||
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The accompanying notes are an integral part of these unaudited condensed financial statements.
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R&R Acquisition VI, Inc. | |||||||||||||||
(A Development Stage Company) | |||||||||||||||
CONDENSED STATEMENTS OF OPERATIONS | |||||||||||||||
(unaudited) | |||||||||||||||
For the period from | |||||||||||||||
Three Months Ended | Three Months Ended | June 2, 2006 | |||||||||||||
September 30, |
September 30, 2006 |
(Date of Inception) | |||||||||||||
2007 | to September 30, 2007 | ||||||||||||||
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Expenses | |||||||||||||||
Professional fees | $ | 4,250 | $ | 12,500 | $ | 46,750 | |||||||||
Printing and filing fees | 1,049 | 1,640 | 6,784 | ||||||||||||
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Total operating expenses | 5,299 | 14,140 | 53,534 | ||||||||||||
Interest Income | 16 | 10 | 81 | ||||||||||||
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Net Loss | $ | (5,283) | $ | (14,130) | $ | (53,453) | |||||||||
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Weighted average number of | |||||||||||||||
common shares | 2,500,000 | 2,500,000 | |||||||||||||
Net loss per share: | |||||||||||||||
basic and diluted common share | $ | (0.00) | $ | (0.01) | |||||||||||
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The accompanying notes are an integral part of these unaudited condensed financial statements.
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R&R Acquisition VI, Inc.
(A Development Stage Company)
CONDENSED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT)
Deficit | ||||||||||||||||||||
Accumulated | ||||||||||||||||||||
Common Stock | Additional | During the | Total | |||||||||||||||||
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Paid-in | Development | Stockholders' | |||||||||||||||||
Shares | Amount | Capital | Stage | Equity (Deficit) | ||||||||||||||||
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Balance at June 2, 2006 (inception) | - | $ | - | $ | - | $ | - | $ | - | |||||||||||
Common shares issued | 2,500,000 | 250 | - | - | 250 | |||||||||||||||
Contributed Capital | - | - | 40,000 | - | 40,000 | |||||||||||||||
Net loss | - | - | - | (18,483) | (18,483) | |||||||||||||||
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Balance at June 30, 2006 (Audited) | 2,500,000 | 250 | 40,000 | (18,483) | 21,767 | |||||||||||||||
Contributed Capital | - | - | 12,500 | - | 12,500 | |||||||||||||||
Net loss | - | - | - | (29,687) | (29,687) | |||||||||||||||
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Balance at June 30, 2007 (Audited) | 2,500,000 | 250 | 52,500 | (48,170) | 4,580 | |||||||||||||||
Net loss | - | - | - | (5,283) | (5,283) | |||||||||||||||
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Balance at September 30, 2007 | ||||||||||||||||||||
(unaudited) | 2,500,000 | $ | 250 | $ | 52,500 | $ | (53,453) | $ | (703) | |||||||||||
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The accompanying notes are an integral part of these unaudited condensed financial statements.
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R&R Acquisition VI, Inc.
(A Development Stage Company)
CONDENSED STATEMENTS OF CASH FLOWS
(unaudited)
For the period | |||||||||||||||
from | |||||||||||||||
June 2, 2006 | |||||||||||||||
Three Months | Three Months | (Date of | |||||||||||||
Ended | Ended | Inception) | |||||||||||||
September 30, | September 30, | to September | |||||||||||||
2007 | 2006 | 30, 2007 | |||||||||||||
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CASH FLOWS FROM OPERATING | |||||||||||||||
ACTIVITIES | |||||||||||||||
Net loss | $ | (5,283) | $ | (14,130) | $ | (53,453) | |||||||||
Changes in operating assets and liabilities | |||||||||||||||
(Decrease) increase in accrued expenses | (1,564) | (384) | 8,508 | ||||||||||||
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NET CASH USED IN OPERATING ACTIVITIES | (6,847) | (14,514) | (44,945) | ||||||||||||
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CASH FLOWS FROM FINANCING ACTIVITIES | |||||||||||||||
Proceeds from sale of common stock | - | - | 250 | ||||||||||||
Contributed captial | - | - | 52,500 | ||||||||||||
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NET CASH PROVIDED BY FINANCING | |||||||||||||||
ACTIVITIES | - | - | 52,750 | ||||||||||||
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NET (DECREASE) INCREASE IN CASH AND | |||||||||||||||
CASH EQUIVALENTS | (6,847) | (14,514) | 7,805 | ||||||||||||
CASH AND CASH EQUIVALENTS AT | |||||||||||||||
BEGINNING OF PERIOD | 14,652 | 25,767 | - | ||||||||||||
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CASH AND CASH EQUIVALENTS AT END OF | |||||||||||||||
PERIOD | $ | 7,805 | $ | 11,253 | $ | 7,805 | |||||||||
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SUPPLEMENTAL DISCLOSURE OF CASH | |||||||||||||||
FLOWS INFORMATION | |||||||||||||||
Interest paid | $ | - | $ | - | $ | - | |||||||||
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Income taxes | $ | - | $ | - | $ | - | |||||||||
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The accompanying notes are an integral part of these unaudited condensed financial statements.
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R&R Acquisition VI, Inc.
(A Development Stage Company)
NOTES TO CONDENSED FINANCIAL STATEMENTS
September 30, 2007
(unaudited)
NOTE 1 Organization, Business and Operations
R&R ACQUISITION VI, INC. (the "Company") was incorporated in Delaware with the objective to acquire, or merge with, an operating business. On June 2, 2006, the Company sold 2,500,000 shares of common stock for $250. As of September 30, 2007, the Company had not yet commenced any operations.
The Company, based on proposed business activities, is a "blank check" company. The Securities and Exchange Commission defines such a Company as a development stage company that has no specific business plan or purpose, or has indicated that its business plan is to engage in a merger or acquisition with an unidentified company or companies, or other entity or person; and is issued penny stock, as defined in Rule 3a 51-1 under the Securities Exchange Act of 1934, as amended. Many states have enacted statutes, rules and regulations limiting the sale of securities of "blank check" companies in their respective jurisdictions. Management does not intend to undertake any efforts to cause a market to develop in its securities, either debt or equity, until the Company concludes a business combination.
The Company was organized as a vehicle to investigate and, if such investigation warrants, acquire a target company or business seeking the perceived advantages of being a publicly held corporation. The Companys principal business objective for the next 12 months and beyond such time will be to achieve long-term growth potential through a combination with an operating business. The Company will not restrict its potential candidate target companies to any specific business, industry or geographical location and, thus, may acquire any type of business. The analysis of new business opportunities will be undertaken by or under the supervision of the officers and directors of the Company.
NOTE 2 - Basis of Presentation
The condensed financial statements have been prepared by the Company, without audit, pursuant to the rules and regulations of the Securities and Exchange Commission. Certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant to such rules and regulations. In the opinion of management, the accompanying condensed financial statements include all adjustments (consisting of normal, recurring adjustments) necessary to make the Company's financial position, results of operations and cash flows not misleading as of September 30, 2007. The results of operations for the three months ended September 30, 2007, are not necessarily indicative of the results of operations for the full year or any other interim period. These financial statements should be read in conjunction with the audited financial statements and notes thereto included in the Company's Annual Report on Form 10-KSB for the year ended June 30, 2007.
NOTE 3 Summary of Significant Accounting Policies
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 and disclosure of contingent assets and liabilities at the date of the financial statements and reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.
Fair Value of Financial Instruments - Pursuant to SFAS No. 107, "Disclosures About Fair Value of Financial Instruments," we are required to estimate the fair value of all financial instruments included on our balance sheet as of September 30, 2007. We consider the carrying value of accrued expenses in the financial statements to approximate their face value.
Statements of Cash Flows - For purposes of the statements of cash flows we consider all highly liquid investments purchased with a remaining maturity of three months or less to be cash equivalents.
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R&R Acquisition VI, Inc.
(A Development Stage Company)
NOTES TO CONDENSED FINANCIAL STATEMENTS
September 30, 2007
(unaudited)
NOTE 4 Income Taxes
Income taxes are accounted for in accordance with SFAS No. 109, Accounting for Income Taxes. SFAS No. 109 requires the recognition of deferred tax assets and liabilities to reflect the future tax consequences of events that have been recognized in the Company's financial statements or tax returns. Measurement of the deferred items is based on enacted tax laws. In the event the future consequences of differences between financial reporting bases and tax bases of the Company's assets and liabilities result in a deferred tax asset, SFAS No. 109 requires an evaluation of the probability of being able to realize the future benefits indicated by such assets. A valuation allowance related to a deferred tax asset is recorded when it is more likely than not that some or the entire deferred tax asset will not be realized.
At September 30, 2007, the Company has a net operating loss carry forward of approximately $53,453 which will expire in 2026. Based on the fact that the Company has not generated revenues since inception, the deferred tax asset of approximately $21,300 has been offset by a full valuation allowance.
Period From | |||||
June 2, 2006 | |||||
(inception) to | |||||
September 30, | |||||
2007 | |||||
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Statutory federal tax rate | 34% | ||||
Tax benefit computed at statutory rate | $ | (18,200) | |||
State income tax benefit, net of federal effect | (3,100) | ||||
Change in valuation allowance | 20,500 | ||||
Other temporary differences | 800 | ||||
Total | $ | - | |||
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NOTE 5 New Accounting Pronouncements
In February 2007, The Financial Accounting Standards Board (the FASB) issued Statement of Financial Accounting Standards No. 159 "The Fair Value Option for Financial Assets and Financial Liabilities" (SFAS No. 159). SFAS No. 159 permits entities to choose, at specified election dates, to measure eligible items at fair value (the "fair value option"). A business entity shall report unrealized gains and losses on items for which the fair value option has been elected in earnings at each subsequent reporting date. The objective is to improve financial reporting by providing entities with the opportunity to mitigate volatility in reported earnings caused by measuring related assets and liabilities differently without having to apply complex hedge accounting provisions. SFAS No. 159 is effective as of the beginning of an entity's first fiscal year that begins after November 15, 2007. Early adoption is permitted as of the beginning of a fiscal year that begins on or before November 15, 2007, provided the entity also elects to apply the provisions of SFAS No. 157, "Fair Value Measurements" (SFAS No. 157). Management believes SFAS No. 159 will not have a material impact on our financial statements once adopted.
In September 2006, the SEC issued Staff Accounting Bulletin No. 108, Considering the Effects of Prior Year Misstatements when quantifying Misstatements in Current Year Financial Statements ("SAB 108"). SAB 108 requires companies to evaluate the materiality of identified unadjusted errors on each financial statement and related financial statement disclosure using both the rollover approach and the iron curtain approach, as those terms are defined in SAB 108. The rollover approach quantifies misstatements based on the amount of the error in the current year financial statement, whereas the iron curtain approach quantifies misstatements based on the effects of correcting the misstatement existing in the balance sheet at the end of the current year, irrespective of the misstatement's year(s) of origin. Financial statements would require adjustment when either approach results in quantifying a misstatement that is material. Correcting prior year financial statements for immaterial errors would not require previously filed reports to be amended. If a company determines that an adjustment to prior year financial statements is required upon adoption of SAB 108 and does not elect to restate its previous financial statements, then it must recognize the cumulative effect of applying SAB 108 in fiscal 2006 beginning balances of the affected assets and liabilities with a corresponding adjustment to the fiscal 2006 opening balance
R&R Acquisition VI, Inc.
(A Development Stage Company)
NOTES TO CONDENSED FINANCIAL STATEMENTS
September 30, 2007
(unaudited)
NOTE 5 New Accounting Pronouncements (continued):
in retained earnings. SAB 108 is effective for interim periods of the first fiscal year ending after November 15, 2006. The adoption of SAB 108 did not have an impact on our financial statements.
In September 2006, the FASB issued SFAS No. 157. SFAS 157 defines fair value, establishes a framework for measuring fair value in generally accepted accounting principles, and expands disclosures about fair value measurements. SFAS 157 applies under other accounting pronouncements that require or permit fair value measurements, the board having previously concluded in those accounting pronouncements that fair value is a relevant measurement attribute. Accordingly, SFAS 157 does not require any new fair value measurements. However, for some entities, the application of SFAS 157 will change current practices. SFAS 157 is effective for financial statements for fiscal years beginning after November 15, 2007. Early adoption is permitted provided that the reporting entity has not yet issued financial statements for that fiscal year. Management believes SFAS 157 will not have a material impact on our financial statements once adopted.
Other accounting standards that have been issued or proposed by the FASB or other standards-setting bodies that do not require adoption until a future date are not expected to have a material impact on the consolidated financial statements upon adoption.
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Item 2. Managements Discussion and Analysis or Plan of Operation
Throughout this Quarterly Report on Form 10-QSB, the terms "we," "us," "our" and "our company" refers to R&R Acquisition VI, Inc.
Introductory Comment - Forward-Looking Statements
Statements contained in this report include "forward-looking statements" within the meaning of such term in Section 27A of the Securities Act of 1933, as amended (the Securities Act) and Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act). Forward-looking statements involve known and unknown risks, uncertainties and other factors, which could cause actual financial or operating results, performances or achievements expressed or implied by such forward-looking statements not to occur or be realized. Such forward-looking statements generally are based on our best estimates of future results, performances or achievements, predicated upon current conditions and the most recent results of the companies involved and their respective industries. Forward-looking statements may be identified by the use of forward-looking terminology such as "may," "can," "will," "could," "should," "project," "expect," "plan," "predict," "believe," "estimate," "aim," "anticipate," "intend," "continue," "potential," "opportunity" or similar terms, variations of those terms or the negative of those terms or other variations of those terms or comparable words or expressions.
Readers are urged to carefully review and consider the various disclosures made by us in this Quarterly Report on Form 10-QSB and our Form 10-SB effective September 8, 2006, and our other filings with the U.S. Securities and Exchange Commission (the SEC). These reports and filings attempt to advise interested parties of the risks and factors that may affect our business, financial condition and results of operations and prospects. The forward-looking statements made in this Form 10-QSB speak only as of the date hereof and we disclaim any obligation to provide updates, revisions or amendments to any forward-looking statements to reflect changes in our expectations or future events.
Plan of Operation
Since our inception on June 2, 2006 our purpose has been to effect a business combination with an operating business which we believe has significant growth potential. We are currently considered to be a blank check company in as much as we have no specific business plans, no operations, revenues or employees. We currently have no definitive agreements with any prospective business combination candidates nor are there any assurances that we will find a suitable business with which to combine. The implementation of our business objectives is wholly contingent upon a business combination and/or the successful sale of securities in the company. We intend to utilize the proceeds of any offering, any sales of equity securities or debt securities, bank and other borrowings or a combination of those sources to effect a business combination with a target business which we believe has significant growth potential. While we may, under certain circumstances, seek to effect business combinations with more than one target business, unless additional financing is obtained, we will not have sufficient proceeds remaining after an initial business combination to undertake additional business combinations.
A common reason for a target company to enter into a merger with a blank check company is the desire to establish a public trading market for its shares. Such a company would hope to avoid the perceived adverse consequences of undertaking a public offering itself, such as the time delays and significant expenses incurred to comply with the various Federal and state securities law that regulate initial public offerings.
As a result of our limited resources, we expect to have sufficient proceeds to effect only a single business combination. Accordingly, the prospects for our success will be entirely dependent upon the future performance of a single business. Unlike certain entities that have the resources to consummate several business combinations or entities operating in multiple industries or multiple segments of a single industry, we will not have the resources to diversify our operations or benefit from the possible spreading of risks or offsetting of losses. A target business may be dependent upon the development or market acceptance of a single or limited
9
number of products, processes or services, in which case there will be an even higher risk that the target business will not prove to be commercially viable.
Our officers are only required to devote a small portion of their time to our affairs on a part-time or as-needed basis. We expect to use outside consultants, advisors, attorneys and accountants as necessary, none of which will be hired on a retainer basis. We do not anticipate hiring any full-time employees so long as we are seeking and evaluating business opportunities.
We expect our present management to play no managerial role in the Company following a business combination. Although we intend to scrutinize closely the management of a prospective target business in connection with our evaluation of a business combination with a target business, our assessment of management may be incorrect. We cannot assure you that we will find a suitable business with which to combine.
Our principal business objective for the next 12 months and beyond such time will be to achieve long-term growth potential through a combination with an operating business rather than immediate, short-term earnings. We will not restrict our potential candidate target companies to any specific business, industry or geographical location and, thus, may acquire any type of business. The analysis of new business opportunities will be undertaken by or under the supervision of our officers and directors.
Continuing Operating Expenses For The Three Months Ended September 30, 2007 Compared To The Three Months Ended September 30, 2006
We currently do not have any business operations and have no revenues since our inception date. Total expenses for the three months ended September 30, 2007 and 2006 were $5,299 and $14,140, respectively. These expenses primarily constituted professional fees.
Continuing Operational Expenses for the period from June 2, 2006 (Date of Inception) to September 30, 2007
We currently do not have any business operations and have no revenues since our inception date. Total expenses for the period from June 2, 2006 to September 30, 2007 were $53,534. These expenses primarily constituted professional fees.
Liquidity and Capital Resources
We do not have any revenues from any operations absent a merger or other combination with an operating company and no assurance can be given that such a merger or other combination will occur or that we can engage in any public or private sales of our equity or debt securities to raise working capital. We are dependent upon future loans from our present stockholders or management and there can be no assurances that our present stockholders or management will make any loans to us or on acceptable terms. At September 30, 2007, we had cash of $7,805 and negative working capital of $703.
Our present material commitments are professional and administrative fees and expenses associated with the preparation of its filings with the SEC and other regulatory requirements. In the event that we engage in any merger or other combination with an operating company, we will have additional material commitments. Although from time to time, we may be engaged in discussions with operating companies regarding a merger or other combination, no assurances can be made that we will complete a business merger or other business combination with an operating company within the next twelve months.
Commitments
We do not have any commitments which are required to be disclosed in tabular form as of September 30, 2007.
10
ITEM 3. CONTROLS AND PROCEDURES
(a) EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES
Our management, with the participation of our president and chief financial officer, our sole officers, carried out an evaluation of the effectiveness of our "disclosure controls and procedures" (as defined in the Exchange Act) Rules 13a-15(e) and 15-d-15(e)) as of the end of the period covered by this report (the "Evaluation Date"). Based upon that evaluation, the president and chief financial officer concluded that, as of the Evaluation Date, our disclosure controls and procedures are effective to ensure that information required to be disclosed by us in the reports that we file or submit under the Exchange Act (i) is recorded, processed, summarized and reported, within the time periods specified in the SEC's rules and forms and (ii) is accumulated and communicated to our management, including our president and chief financial officer, as appropriate to allow timely decisions regarding required disclosure.
(b) CHANGES IN INTERNAL CONTROL OVER FINANCIAL REPORTING
There were no changes in our internal controls over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.
PART II - OTHER INFORMATION
Item 1. Legal Proceedings.
None.
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.
None.
Item 3. Defaults Upon Senior Securities.
None.
Item 4. Submission of Matters to a Vote of Security Holders.
None.
Item 5. Other Information.
None.
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Item 6. Exhibits.
Exhibit No. | Description | |
--------- | ----------- | |
31.1 | Certification of the Companys Principal Executive Officer pursuant to Section 302 of the | |
Sarbanes-Oxley Act of 2002. | ||
31.2 | Certification of the Companys Principal Financial Officer pursuant to Section 302 of the | |
Sarbanes-Oxley Act of 2002. | ||
32.1 | Certification of the Companys Principal Executive Officer pursuant to Section 906 of the | |
Sarbanes Oxley Act of 2002. | ||
32.2 | Certification of the Companys Principal Financial Officer pursuant to Section 906 of the | |
Sarbanes Oxley Act of 2002. |
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SIGNATURES
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.
R&R ACQUISITION VI, INC. | ||
Dated: October 24, 2007 | /s/ Arnold P. Kling | |
-------------------------------------------- | ||
Arnold P. Kling, President | ||
(Principal Executive Officer) | ||
Dated: October 24, 2007 | /s/ Kirk M. Warshaw | |
-------------------------------------------- | ||
Kirk M. Warshaw, Chief Financial Officer | ||
(Principal Financial and Accounting Officer) |
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EXHIBIT 31.1
CERTIFICATION
I, Arnold P. Kling, certify that:
1. | I have reviewed this quarterly report on Form 10-QSB of R&R Acquisition VI, Inc.; | ||
2. | Based on my knowledge, this report
does not contain any untrue statement of material fact or omit to state
a material fact necessary to make the statements made, in light of the
circumstances under which such statements were made, not misleading with
respect to the period covered by this report; |
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3. | Based on my knowledge, the financial
statements, and other financial information included in this report,
fairly present in all material respects the financial condition, results
of operations and cash flows of the small business issuer as of, and
for, the periods presented in this report; |
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4. | The small
business issuers
other certifying officer(s) and I are responsible for establishing
and maintaining disclosure controls and procedures (as defined in Exchange
Act Rules 13a-15(e) and 15d-15(e)) for the small business issuer and
have: |
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a) | Designed such disclosure controls
and procedures, or caused such disclosure controls and procedures to
be designed under our supervision, to ensure that material information
relating to the small business issuer is made known to us by others within
those entities, particularly during the period in which this report is
being prepared; |
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b) | Evaluated the effectiveness
of the small business issuers disclosure controls and procedures
and presented in this report our conclusions about the effectiveness
of the disclosure controls and procedures, as of the end of the period
covered by this report based on such evaluation; and |
||
c) | Disclosed in this report
any change in the small business issuers internal control over financial reporting
that occurred during the small business issuers most recent fiscal
quarter (the small business issuers fourth fiscal quarter in the
case of an annual report) that has materially affected, or is reasonably
likely to materially affect, the small business issuers internal
control over financial reporting; and |
||
5. | The small
business issuers
other certifying officer(s) and I have disclosed, based on our most recent
evaluation of internal control over financial reporting, to the small
business issuers auditors and the audit committee of the small
business issuers board of directors (or persons performing the
equivalent functions): |
||
a) | All significant deficiencies
and material weaknesses in the design or operation of internal control
over financial reporting which are reasonably likely to adversely affect
the small business issuers
ability to record, process, summarize and report financial information;
and |
||
b) | Any fraud, whether or
not material, that involves management or other employees who have
a significant role in the small business issuers internal control
over financial reporting. |
Date: October 24, 2007
/s/
Arnold P. Kling Arnold P. Kling |
|
President |
EXHIBIT 31.2
CERTIFICATION
I, Kirk M. Warshaw, certify that: | |||
1. | I have reviewed this quarterly report on Form 10-QSB of R&R Acquisition VI, Inc.; | ||
2. | Based on my knowledge, this report
does not contain any untrue statement of material fact or omit to state
a material fact necessary to make the statements made, in light of the
circumstances under which such statements were made, not misleading with
respect to the period covered by this report; |
||
3. | Based on my knowledge, the financial
statements, and other financial information included in this report,
fairly present in all material respects the financial condition, results of operations and cash flows of the small business issuer as of, and for, the periods presented in this report; |
||
4. | The small
business issuers
other certifying officer(s) and I are responsible for establishing
and maintaining disclosure controls and procedures (as defined in Exchange
Act Rules 13a-15(e) and 15d-15(e)) for the small business issuer and
have: |
||
a) | Designed such disclosure controls
and procedures, or caused such disclosure controls and procedures to
be designed under our supervision, to ensure that material information relating to the small business issuer is made known to us by others within those entities, particularly during the period in which this report is being prepared; |
||
b) | Evaluated the effectiveness
of the small business issuers disclosure controls and procedures
and presented in this report our conclusions about the effectiveness
of the disclosure controls and procedures, as of the end of the period
covered by this report based on such evaluation; and |
||
c) | Disclosed in this report
any change in the small business issuers internal control over financial reporting
that occurred during the small business
issuers most recent fiscal quarter (the small business issuers
fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the small business issuers
internal control over financial reporting; and |
||
5. | The small
business issuers
other certifying officer(s) and I have disclosed, based on our most recent
evaluation of internal control over financial
reporting, to the small business issuers auditors and the
audit committee of the small business issuers board
of directors (or persons performing the equivalent functions): |
||
a) | All significant deficiencies
and material weaknesses in the design or operation of internal control
over financial reporting which are reasonably likely to adversely affect
the small business issuers
ability to record, process, summarize and report financial information;
and |
||
b) | Any fraud, whether or
not material, that involves management or other employees who have
a significant role in the small business issuers
internal control over financial reporting. |
Date: October 24, 2007 | |
/s/ Kirk M. Warshaw | |
Kirk M. Warshaw | |
Chief Financial Officer |
Exhibit 32.1
CERTIFICATION PURSUANT TO
18 U.S.C. SECTION 1350,
AS ADOPTED PURSUANT TO
SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002
In connection with the quarterly report of R&R Acquisition VI, Inc. (the "Company") on Form 10-QSB for the period ended September 30, 2007 as filed with the Securities and Exchange Commission (the "Report"), I, Arnold P. Kling, President of the Company, certify, pursuant to 18 U.S.C. ss. 1350, as adopted pursuant to ss. 906 of the Sarbanes-Oxley Act of 2002, that:
(1) | The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities | ||
Exchange Act of 1934, as amended; and | |||
(2) | The information contained in the Report fairly presents, in all material respects, the financial | ||
condition and result of operations of the Company. |
Date: October 24, 2007
/s/ Arnold P. Kling |
----------------------------------- |
Arnold P. Kling |
President |
A signed original of this certification has been provided to the Company and will be retained by the Company and furnished to the Securities and Exchange Commission or its staff upon request.
Exhibit 32.2
CERTIFICATION PURSUANT TO
18 U.S.C. SECTION 1350,
AS ADOPTED PURSUANT TO
SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002
In connection with the quarterly report of R&R Acquisition VI, Inc. (the "Company") on Form 10-QSB for the period ended September 30, 2007 as filed with the Securities and Exchange Commission (the "Report"), I, Kirk M. Warshaw, Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. ss. 1350, as adopted pursuant to ss. 906 of the Sarbanes-Oxley Act of 2002, that:
(1) | The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities | ||
Exchange Act of 1934, as amended; and | |||
(2) | The information contained in the Report fairly presents, in all material respects, the financial | ||
condition and result of operations of the Company. |
Date: October 24, 2007
/s/ Kirk M. Warshaw |
----------------------------------- |
Kirk M. Warshaw |
Chief Financial Officer |
A signed original of this certification has been provided to the Company and will be retained by the Company and furnished to the Securities and Exchange Commission or its staff upon request.