SEC Comment Letter for Quantumzyme Corp. (QTZM) (CIK 0001663038) (QGAI) — Sep 19, 2016
Quantumzyme Corp. (QTZM) (CIK 0001663038)
Date: Sept. 19, 2016 · CIK: 0001663038 · Accession: 0000000000-16-093323
AI Filing Summary & Sentiment
File numbers found in text: 333-208934
Letter
Mail Stop 3561 September 1 6, 2016 Stanislav Augustin President and Chief Executive Officer Reliant Service Inc. 3 Rabí Rabi, Czech Republic 34201
Re: Reliant Service Inc. Amendment No. 6 to Registration Statement on Form S-1 Filed September 2 , 2016 File No. 333-208934
Dear Mr. Augustin :
We have reviewed your registration statement and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure.
Please respond to this letter by amending your registration statement and providing the requested information . If you do not believe our comments apply to your facts and circumstances or do no t believe an amendment is appropriate, please tell us why in your response.
After reviewing any amendment to your registration statement and the information you provide in response to these comments, we may have additional comments.
Prospectus Summar y
Our Company, page 5
1. Reference is made to the tenth paragraph on page 6. Please revise to disclose that the net gain from inception on March 20, 2015 through July 31, 2016 was $6,201 rather than $3,201.
Summary Financial Information, page 7
2. The summary financial information as of and for the year ended July 31, 2016 is labeled “(Unaudited)” and the summary financial information as of and for the year ended July 31, 2015 is labeled “(Audited).” The first paragraph under the “Summary Financial Information” subheading states that all this financial information was derived from your
Stanislav Augustin Reliant Service Inc. September 1 6, 2016 Page 2
audited financial statements. As such, please remove the labels of “(Unaudited)” and “(Audited).”
3. The “Total Liabilities & Stockholder’s Equity” as of July 31, 2015 line item does not agree to the financial statements. Please revise to present the correct amount.
Financial Statements, page 34
4. Please revise to present the audited July 31, 2015 and 2016 financial statement s in a comparative format rather than as two separate sets of financial statements.
Statement of Changes in Stockholders’ Equity, page 50
5. The “Beginning Balance” line item presented is net profit accumulated through July 31, 2015 and the “Common Stock” line item does not represent activity in the period beginning August 1, 2015 and ending July 31, 2016. Please revise to present a Statement of Changes in Stockholders’ Equity from August 1, 2015 through July 31, 201 6.
You may contact Adam Phippen, Staff Accountant, at (202) 551 -3336, or James Allegretto, Senior Assistant Chief Accountant, at (202) 551 -3849, if you have questions regarding comments on the financial statements and related matters . Please contact Scott Anderegg , Attorney -Advisor, at (202) 551-3342, or Lisa Kohl, Legal Branch Chief, at (202) 551 - 3252 or me at (202) 551 -3720 with any other questions.
Sincerely,
/s/ Lisa M. Kohl for
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Mail Stop 3561 September 1 6, 2016 Stanislav Augustin President and Chief Executive Officer Reliant Service Inc. 3 Rabí Rabi, Czech Republic 34201 Re: Reliant Service Inc. Amendment No. 6 to Registration Statement on Form S-1 Filed September 2 , 2016 File No. 333-208934 Dear Mr. Augustin : We have reviewed your registration statement and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure. Please respond to this letter by amending your registration statement and providing the requested information . If you do not believe our comments apply to your facts and circumstances or do no t believe an amendment is appropriate, please tell us why in your response. After reviewing any amendment to your registration statement and the information you provide in response to these comments, we may have additional comments. Prospectus Summar y Our Company, page 5 1. Reference is made to the tenth paragraph on page 6. Please revise to disclose that the net gain from inception on March 20, 2015 through July 31, 2016 was $6,201 rather than $3,201. Summary Financial Information, page 7 2. The summary financial information as of and for the year ended July 31, 2016 is labeled “(Unaudited)” and the summary financial information as of and for the year ended July 31, 2015 is labeled “(Audited).” The first paragraph under the “Summary Financial Information” subheading states that all this financial information was derived from your Stanislav Augustin Reliant Service Inc. September 1 6, 2016 Page 2 audited financial statements. As such, please remove the labels of “(Unaudited)” and “(Audited).” 3. The “Total Liabilities & Stockholder’s Equity” as of July 31, 2015 line item does not agree to the financial statements. Please revise to present the correct amount. Financial Statements, page 34 4. Please revise to present the audited July 31, 2015 and 2016 financial statement s in a comparative format rather than as two separate sets of financial statements. Statement of Changes in Stockholders’ Equity, page 50 5. The “Beginning Balance” line item presented is net profit accumulated through July 31, 2015 and the “Common Stock” line item does not represent activity in the period beginning August 1, 2015 and ending July 31, 2016. Please revise to present a Statement of Changes in Stockholders’ Equity from August 1, 2015 through July 31, 201 6. You may contact Adam Phippen, Staff Accountant, at (202) 551 -3336, or James Allegretto, Senior Assistant Chief Accountant, at (202) 551 -3849, if you have questions regarding comments on the financial statements and related matters . Please contact Scott Anderegg , Attorney -Advisor, at (202) 551-3342, or Lisa Kohl, Legal Branch Chief, at (202) 551 - 3252 or me at (202) 551 -3720 with any other questions. Sincerely, /s/ Lisa M. Kohl for Mara Ransom Assistant Director Consumer Products