10-Q 1 g7315a.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: January 31, 2014 [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ____________ Commission file number: 333-160311 VACATION HOME SWAP, INC. (Exact name of registrant as specified in its charter) Nevada 26-4682636 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 112 North Curry Street, Carson City, NV 89703 (Address of principal executive offices) (Zip Code) Phone (775) 321-8201 (Registrant's telephone number, including area code) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15 (d) of the Securities Exchange Act of 1934 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. Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (ss.232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes [X] No [ ] Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a small reporting company. See the definitions of "large accelerated filer," "accelerated filer," "non-accelerated filer," and "smaller reporting company" in Rule 12b-2 of the Exchange Act. Large accelerated filer [ ] Accelerated filer [ ] Non-accelerated filer [ ] Smaller reporting company [X] (Do not check if a smaller reporting company) Indicate by check mark whether the registrant is a shell company (as defined in rule 12b-2 of the Exchange Act). Yes [X] No [ ] The number of shares outstanding of the Registrant's Common Stock as March 24, 2014 was 69,920,000 shares of common stock, $0.001 par value, issued and outstanding. VACATION HOME SWAP, INC. QUARTERLY REPORT ON FORM 10-Q TABLE OF CONTENTS Page Number ------ PART I - FINANCIAL INFORMATION Item 1 Condensed Financial Statements (Unaudited) 3 Item 2 Management's Discussion and Analysis of Financial Condition and Results of Operations 11 Item 3 Quantitative and Qualitative Disclosures About Market Risk 13 Item 4 Controls and Procedures 13 PART II - OTHER INFORMATION Item 1 Legal Proceedings 15 Item 2 Unregistered Sales of Equity Securities and Use of Proceeds 15 Item 3 Defaults Upon Senior Securities 15 Item 4 Mine Safety Disclosures 15 Item 5 Other Information 15 Item 6 Exhibits 15 2 PART I - FINANCIAL INFORMATION ITEM 1. CONDENSED FINANCIAL STATEMENTS (UNAUDITED) VACATION HOME SWAP, INC. (A Development Stage Company) CONDENSED FINANCIAL STATEMENTS January 31, 2014 Unaudited CONDENSED BALANCE SHEETS CONDENSED STATEMENTS OF OPERATIONS CONDENSED STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT) CONDENSED STATEMENTS OF CASH FLOW NOTES TO CONDENSED FINANCIAL STATEMENTS 3 Vacation Home Swap, Inc. (A Development Stage Company) Condensed Balance Sheets

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended:

October 31, 2013

[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from

___________

____________

Commission file number:

333-160311

VACATION HOME SWAP, INC.

(Exact name of registrant as specified in its charter)

Nevada

26-4682636

(State or other jurisdiction of incorporation or organization)

(I.R.S. Employer Identification No.)

112 North Curry Street, Carson City, NV 89703

(Address of principal executive offices) (Zip Code)

Phone (775) 321-8201

(Registrant’s telephone number, including area code)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15 (d) of the Securities Exchange Act of 1934 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 |_|

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.

Large accelerated filer [ ]

Accelerated filer [ ]

Non-accelerated filer [ ] (Do not check if a smaller reporting company)

Smaller reporting company [X]

Indicate by check mark whether the registrant is a shell company (as defined in rule 12b-2 of the Exchange Act).

Yes |X| No |_|

The number of shares outstanding of the Registrant's Common Stock as December 16, 2013 was 69,920,000 shares of common stock, $0.001 par value, issued and outstanding.

See accompanying notes to the financial statements. 4 Vacation Home Swap, Inc. (A Development Stage Company) Condensed Statements of Operations

~~VACATION~~Three ~~HOME~~Months ~~SWAP~~Three Months Ended Ended January 31, ~~INC~~2014 January 31, 2013 ---------------- ---------------- (Unaudited) (Unaudited) NET REVENUES $ -- $ -- OPERATING EXPENSES: Professional fees -- 3,500 General and administrative expenses 6,750 4,849 ------------ ------------ Total operating expenses 6,750 8,349 ------------ ------------ LOSS FROM OPERATIONS (6,750) (8,349) OTHER (INCOME) EXPENSE: Debt forgiveness -- -- ------------ ------------ Total other (income) expense -- -- ------------ ------------ LOSS BEFORE INCOME TAX PROVISION (6,750) (8,349) INCOME TAX PROVISION -- -- ------------ ------------ NET LOSS $ (6,750) $ (8,349) ============ ============ NET LOSS PER COMMON SHARE - BASIC AND DILUTED $ (0.00) $ (0.00) ============ ============ Weighted common shares outstanding - basic and diluted 69,920,000 89,260,220 ============ ============

See accompanying notes to the financial statements 5 Vacation Home Swap, Inc. (A Development Stage Company) Condensed Statements of Operations

~~QUARTERLY~~For ~~REPORT~~the ONPeriod ~~FORM~~from Nine Months Nine Months March 31, 2009 Ended Ended (inception) through January 31, 2014 January 31, 2013 January 31, 2014 ---------------- ---------------- ---------------- (Unaudited) (Unaudited) (Unaudited) NET REVENUES $ -- $ -- $ -- OPERATING EXPENSES: Professional fees 7,000 10,500 81,209 General and administrative expenses 30,570 5,949 66,342 -Q----------- ------------ ------------ Total operating expenses 37,570 16,449 147,551 ------------ ------------ ------------ LOSS FROM OPERATIONS (37,570) (16,449) (147,551) OTHER INCOME (EXPENSE): Exchangeg Gain (loss) -- -- 11 ------------ ------------ ------------ Total other income (expense) -- -- 11 ------------ ------------ ------------ INCOME (LOSS) BEFORE INCOME TAX PROVISION (37,570) (16,449) (147,540) INCOME TAX PROVISION -- -- -- ------------ ------------ ------------ NET LOSS $ (37,570) $ (16,449) $ (147,540) ============ ============ ============ NET LOSS PER COMMON SHARE - BASIC AND DILUTED: $ (0.00) $ (0.00) ============ ============ Weighted common shares outstanding - basic and diluted 69,920,000 665,106,473 ============ ============

See accompanying notes to the financial statements 6 Vacation Home Swap, Inc. (A Development Stage Company) Statement of Stockholders' Equity (Deficit) For the Period from March 31, 2009 (Inception) Through January 31, 2014 (Unaudited)

~~TABLE~~Common OFStock, ~~CONTENTS~~Deficit $0.001 Par Value Accumulated Total ---------------------- Additional Share during the Stockholders' Number of paid-in Subscription Development Equity Shares Amount Capital Receivable Stage (Deficit) ------ ------ ------- ---------- ----- --------- Balance, March 31, 2009 (inception) -- $ -- $ -- $ -- $ -- $ -- Shares issued for cash at $0.001 per share on April 30, 2009 920,000,000 920,000 (910,000) (10,000) -- -- Net loss -- -- -- -- (1,200) (1,200) ------------ --------- --------- -------- --------- --------- Balance, April 30, 2009 920,000,000 920,000 (910,000) (10,000) (1,200) (1,200) Subscription receivable on October 8, 2009 -- -- -- 10,000 -- 10,000 Net loss (23,152) (23,152) ------------ --------- --------- -------- --------- --------- Balance, April 30, 2010 920,000,000 920,000 (910,000) -- (24,352) (14,352) Shares issued for cash at $0.02 per share during June/July 2010 29,900,000 29,900 (23,400) -- -- 6,500 Net loss -- -- -- -- (20,032) (20,032) ------------ --------- --------- -------- --------- --------- Balance, April 30, 2011 949,900,000 949,900 (933,400) -- (44,384) (27,884) Net loss -- -- -- -- (42,187) (42,187) ------------ --------- --------- -------- --------- --------- Balance, April 30, 2012 949,900,000 949,900 (933,400) -- (86,571) (70,071) Redemption of common stock on November 3, 2012, for $10 (879,980,000) (879,980) 879,970 -- -- (10) Net loss -- -- -- -- (23,399) (23,399) ------------ --------- --------- -------- --------- --------- Balance, April 30, 2013 69,920,000 69,920 (53,430) -- (109,970) (93,480) Net loss -- -- -- -- (37,570) (37,570) ------------ --------- --------- -------- --------- --------- Balance, January 31, 2014 69,920,000 $ 69,920 $ (53,430) $ -- $(147,540) $(131,050) ============ ========= ========= ======== ========= =========

See accompanying notes to the financial statements. 7 Vacation Home Swap, Inc. (A Development Stage Company) Statements of Cash Flows

		Page
		Number
	PART I – FINANCIAL INFORMATION
Item 1	Condensed Financial Statements (Unaudited)	3
Item 2	Management’s Discussion and Analysis of Financial Condition and Results of Operations	10
Item 3	Quantitative and Qualitative Disclosures About Market Risk	12
Item 4	Controls and Procedures	12
	PART II – OTHER INFORMATION
Item 1	Legal Proceedings	14
Item 2	Unregistered Sales of Equity Securities and Use of Proceeds	14
Item 3	Defaults Upon Senior Securities	14
Item 4	(Removed and Reserved)	14
Item 5	Other Information	14
Item 6	Exhibits	14

See accompanying notes to the financial statements. 8 Vacation Home Swap, Inc. (A Development Stage Company) Notes to the Condensed Unaudited Financial Statements January 31, 2014 NOTE 1 - CONDENSED FINANCIAL STATEMENTS The accompanying condensed financial statements have been prepared by the Company without audit. In the opinion of management, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations, and cash flows at January 31, 2014, and for all periods presented herein, have been made. Certain information and footnote disclosures normally included in the condensed financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted. It is suggested that these condensed financial statements be read in conjunction with the financial statements and notes thereto included in the Company's April 30, 2013 audited financial statements. The results of operations for the periods ended January 31, 2014 and the same period last year are not necessarily indicative of the operating results for the full years. NOTE 2 - GOING CONCERN The Company's financial statements are prepared using generally accepted accounting principles in the United States of America applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has not yet established an ongoing source of revenues sufficient to cover its operating costs and allow it to continue as a going concern. The ability of the Company to continue as a going concern is dependent on the Company obtaining adequate capital to fund operating losses until it becomes profitable. If the Company is unable to obtain adequate capital, it could be forced to cease operations. In order to continue as a going concern, the Company will need, among other things, additional capital resources. Management's plan is to obtain such resources for the Company by obtaining capital from management and significant shareholders sufficient to meet its minimal operating expenses and seeking equity and/or debt financing. However management cannot provide any assurances that the Company will be successful in accomplishing any of its plans. The ability of the Company to continue as a going concern is dependent upon its ability to successfully accomplish the plans described in the preceding paragraph and eventually secure other sources of financing and attain profitable operations. The accompanying financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern. NOTE 3 - CAPITAL STOCK The Company's capitalization is 200,000,000 common shares with a par value of $0.001 per share. No preferred shares have been authorized or issued. On April 20, 2009, a director of the Company purchased 920,000,000 shares of the common stock in the Company at $0.00001 per share for $10,000. In June and July 2010 the company issued 29,900,000 common shares @ $0.0022 for subscriptions receivable of $6,500. 9 On November 1, 2012, the Company increased its authorized capital from 75,000,000 common shares to 200,000,000 shares and affected a 92:1 forward split of its issued and outstanding common stock. Par value of $0.001 remains unchanged. In the meantime, the issued and outstanding shares are 949,900,000, which is over the limit of authorized shares 200,000,000 shares. On November 3, 2012 the company effected a redemption of 879,980,000 shares at $10 and the Company retired such 879,980,000 shares into its authorized common stock thereby reducing the total issued and outstanding shares to 69,920,000. The Company has a total of 69,920,000 shares issued and outstanding at January 31, 2014. NOTE 4 - LOANS FROM RELATED PARTIES As of January 31, 2014. the Company received total $54,735 as a loan from related parties. The loan is repayable on demand and without interest. 10 ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS This section of this report includes a number of forward-looking statements that reflect our current views with respect to future events and financial performance. Forward looking statements are often identified by words like: believe, expect, estimate, anticipate, intend, project and similar expressions or words which, by their nature, refer to future events. You should not place undue certainty on these forward-looking statements, which apply only as of the date of this report. These forward looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or our predictions. OVERVIEW Vacation Home Swap, Inc. was incorporated in the State of Nevada on March 31, 2009 and has a fiscal year end of April 30. On April 19, 2013, Vacation Home Swap, Inc., a Nevada corporation (the "Company") entered into a Share Exchange Agreement (the "Exchange Agreement") with Boost My Ads, Inc., a company organized under the laws of the British Virgin Islands ("Boost") and the shareholders of Boost (the "Boost Shareholders"). On June 30, 2013, the Share Exchange Agreement (the "Exchange Agreement") between Vacation Home Swap, Inc., a Nevada corporation (the " Company"), Boost My Ads, Inc., a company organized under the laws of the British Virgin Islands ("Boost") and the shareholders of Boost (the "Boost Shareholders") was terminated pursuant to Section 6.01 (c) of the Exchange Agreement, which stated that the Exchange Agreement shall be terminated without penalty if the voluntary share exchange was not consummated on or before January 31, 2014. There were no material relationships between the Company or its affiliates and Boost or the Boost Shareholders, other than in respect of the Exchange Agreement. Vacation Home Swap intends to enter into an Internet-based vacation home swapping company. The company plans to have a website where people can exchange homes for their holidays and travels. As of the fiscal quarter ended January 31, 2014 we had no cash in the bank. We incurred operating expenses in the amount of $6,750 in the three month period ended January 31, 2014 as compared to $8,349 at three month period ended January 31, 2013. We incurred operating expenses in the amount of $37,750 in the nine month period ended January 31, 2014 as compared to $16,449 for the nine month period ended January 31, 2013. Since inception we have incurred operating expenses of $147,551. The cash used in operating activities during the nine months ended January 31, 2014 was $19,000 compared to none for the quarter ended January 31, 2013. The cash provided by financing activities during the nine months ended January 31, 2014 was $19,000 compared to none for the nine months ended January 31, 2013. PLAN OF OPERATION The Company has not yet generated any revenue from its operations. As of the fiscal quarter ended January 31, 2014 we had no cash. We incurred operating expenses in the amount of $6,750 in the quarter ended January 31, 2014. These operating expenses were comprised of office and general expenses. 11 Our current cash holdings will not satisfy our liquidity requirements and we will require additional financing to pursue our planned business activities. We have registered 368,000,000 of or our common stock for sale to the public. Our registration statement became effective on April 8, 2010 and we are in the process of seeking equity financing to fund our operations over the next 12 months. Management believes that if subsequent private placements are successful, we will generate sales revenue within the following twelve months thereof. However, additional equity financing may not be available to us on acceptable terms or at all, and thus we could fail to satisfy our future cash requirements. If Vacation Home Swap is unsuccessful in raising the additional proceeds through a private placement offering it will then have to seek additional funds through debt financing, which would be very difficult for a new development stage company to secure. Therefore, the company is highly dependent upon the success of the anticipated private placement offering described herein and failure thereof would result in Vacation Home Swap having to seek capital from other resources such as debt financing, which may not even be available to the company. However, if such financing were available, because Vacation Home Swap is a development stage company with no operations to date, it would likely have to pay additional costs associated with high risk loans and be subject to an above market interest rate. At such time these funds are required, management would evaluate the terms of such debt financing and determine whether the business could sustain operations and growth and manage the debt load. If Vacation Home Swap cannot raise additional proceeds via a private placement of its common stock or secure debt financing it would be required to cease business operations. As a result, investors in Vacation Home Swap common stock would lose all of their investment. Over the 12 month period starting upon completion of the offering under this registration statement, Vacation Home Swap must raise capital and start its sales. The first stage of our operations over this period is to establish our office and acquire the computer and office equipment we need to begin operations during the initial 60 days after raising enough money to start our business. We believe that it will cost $8,000 to buy and secure the necessary computer equipment. We do not intend to hire employees. Our sole officer and director will handle our administrative duties. The second stage is to hire consultants to develop the key part of the business: create the website. Our Company`s website will include links to maps, weather information, country habits, local services and stores, community information, information about neighbourhood and special events. Concurrently we intend to purchase a software system to comply with our needs, which the client can add home pictures, videos from his home, indicate through a link the local services and stores nearby, and create an internal inbox for messages received/sent. We believe that it will cost $15,000 initially to have our website operational. The initial operation of the website is anticipated to be ready in 120 days after raising enough money to start our business. The last stage is our Marketing and Sales campaign. We intend to include advertisements in travel and home design magazine and various Internet search engines; and promote and sell ads into our website along famous coffee shops, outlets, restaurants and bars, technology companies and airline companies. We believe that marketing and sales campaign will cost up to $45,000. We expect to be fully operational within 180 days after raising enough money to start our business. We do not currently have any employees and management does not plan to hire employees at this time. We do not expect the purchase or sale of any significant equipment and has no current material commitments. 12 LIMITED OPERATING HISTORY; NEED FOR ADDITIONAL CAPITAL There is no historical financial information about us upon which to base an evaluation of our performance. We are a development stage corporation and have not generated any revenues from operations. We cannot guarantee we will be successful in our business operations. Our business is subject to risks inherent in the establishment of a new business enterprise, including limited capital resources. CAPITAL RESOURCES If Vacation Home Swap is unsuccessful in raising the additional proceeds through a private placement offering it will then have to seek additional funds through debt financing, which would be highly difficult for a new development stage company to secure. Therefore, the company is highly dependent upon the success of the anticipated private placement offering and failure thereof would result in Vacation Home Swap having to seek capital from other sources such as debt financing, which may not even be available to the company. However, if such financing were available, because Vacation Home Swap is a development stage company with no operations to date, it would likely have to pay additional costs associated with high risk loans and be subject to an above market interest rate. At such time these funds are required, management would evaluate the terms of such debt financing and determine whether the business could sustain operations and growth and manage the debt load. If Vacation Home Swap cannot raise additional proceeds via a private placement of its common stock or secure debt financing it would be required to cease business operations. As a result, investors in Vacation Home Swap common stock would lose all of their investment. OFF BALANCE SHEET ARRANGEMENT The company is dependent upon the sale of its common shares to obtain the funding necessary to carry its business plan. Our President, Donald MacDow has undertaken to provide the Company with operating capital to sustain its business over the next twelve month period, as the expenses are incurred, in the form of a non-secured loan. However, there is no contract in place or written agreement securing these agreements. Investors should be aware that Mr. MacDow expression is neither a contract nor agreement between him and the company. Other than the above described situation the Company does not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on the Company's financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to investors. ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK Not required. ITEM 4. CONTROLS AND PROCEDURES EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES Based upon an evaluation of the effectiveness of disclosure controls and procedures, our principal executive and financial officer has concluded that as of the end of the period covered by this Quarterly Report on Form 10-Q our disclosure controls and procedures (as defined in Rules 13a-15(e) or 15d-15(e) under the Exchange Act) were not effective. As reported in our Annual Report on Form 10-K for the year ended April 30, 2013, the Company ' s principal executive and financial officer has determined that there are material weaknesses in our disclosure controls and procedures. 13 The material weaknesses in our disclosure control procedures are as follows: 1 . LACK OF FORMAL POLICIES AND PROCEDURES NECESSARY TO ADEQUATELY REVIEW SIGNIFICANT ACCOUNTING TRANSACTIONS. The Company utilizes a third party independent contractor for the preparation of its financial statements. Although the financial statements and footnotes are reviewed by our management, we do not have a formal policy to review significant accounting transactions and the accounting treatment of such transactions. The third party independent contractor is not involved in the day to day operations of the Company and may not be provided information from management on a timely basis to allow for adequate reporting/consideration of certain transactions. 2 . AUDIT COMMITTEE AND FINANCIAL EXPERT . The Company does not have a formal audit committee with a financial expert, and thus the Company lacks the board oversight role within the financial reporting process. We intend to initiate measures to remediate the identified material weaknesses including, but not necessarily limited to, the following: * Establishing a formal review process of significant accounting transactions that includes participation of the Chief Executive Officer, the Chief Financial Officer and the Company ' s corporate legal counsel. * Form an Audit Committee that will establish policies and procedures that will provide the Board of Directors a formal review process that will among other things, assure that management controls and procedures are in place and being maintained consistently. CHANGES IN INTERNAL CONTROLS OVER FINANCIAL REPORTING As reported in our Annual Report on Form 10-K for the year ended April 30, 2013, management is aware that there a significant deficiency and a material weakness in our internal control over financial reporting and therefore has concluded that the Company ' s internal controls over financial reporting were not effective as of April 30, 2013. The significant deficiency relates to a lack of segregation of duties due to the small number of employees involvement with general administrative and financial matters. The material weakness relates to a lack of formal policies and procedures necessary to adequately review significant accounting transactions. There have not been any changes in the Company's internal control over financial reporting during the quarter ended January 31, 2014 that have materially affected, or are reasonably likely to materially affect, the Company's internal control over financial reporting. " 14 PART II - OTHER INFORMATION ITEM 1. LEGAL PROCEEDINGS The Company is not a party to any pending legal proceedings, and no such proceedings are known to be contemplated. No director, officer, or affiliate of the issuer and no owner of record or beneficiary of more than 5% of the securities of the issuer, or any security holder is a party adverse to the small business issuer or has a material interest adverse to the small business issuer. ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS None. ITEM 3. DEFAULTS UPON SENIOR SECURITIES None ITEM 4. MINE SAFETY DISCLOSURES None ITEM 5. OTHER INFORMATION None ITEM 6. EXHIBITS Exhibit No. Document Description ----------- -------------------- 3.1 Articles of Incorporation [1] 3.2 By-Laws [1] 31.1 Rule 13(a)-14(a)/15(d)-14(a) Certification of Chief Executive Officer 31.2 Rule 13(a)-14(a)/15(d)-14(a) Certification of Chief Financial Officer * 32.1 Section 1350 Certification of Chief Executive Officer 32.2 Section 1350 Certification of Chief Financial Officer ** 101.INS XBRL Instance Document *** 101.SCH XBRL Taxonomy Extension Schema *** 101.CAL XBRL Taxonomy Extension Calculation Linkbase *** 101.DEF XBRL Taxonomy Extension Definition Linkbase *** 101.LAB XBRL Taxonomy Extension Label Linkbase *** 101.PRE XBRL Taxonomy Extension Presentation Linkbase *** ---------- [1] Incorporated by reference from the Company ' s filing with the Commission on June 29, 2009. * Included in Exhibit 31.1 ** Included in Exhibit 32.1 *** Includes the following materials contained in this Quarterly Report on Form 10-Q for the quarter ended January 31, 2014 formatted in XBRL (eXtensible Business Reporting Language): (i) the Balance Sheets, (ii) the Statements of Operations, (iii) the Statements of Changes in Equity, (iv) the Statements of Cash Flows, and (v) Notes. 15 SIGNATURES Pursuant to the requirements of the Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Vacation Home Swap, Inc. BY: /s/ Donald MacDow ---------------------------------------- Donald MacDow President, Secretary, Treasurer, Principal Executive Officer, Principal Financial Officer BY: /s/ Henry McGrath ---------------------------------------- Henry McGrath Director Dated: March 24, 2014 16

VACATION HOME SWAP, INC. (A Development Stage Company) CONDENSED FINANCIAL STATEMENTS October 31, 2013 Unaudited CONDENSED BALANCE SHEETS CONDENSED STATEMENTS OF OPERATIONS CONDENSED STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT) CONDENSED STATEMENTS OF CASH FLOW NOTES TO CONDENSED FINANCIAL STATEMENTS

VACATION HOME SWAP, INC.
(A Development Stage Company)
CONDENSED BALANCE SHEETS
		October 31, 2013		April 30, 2013
		Unaudited		Audited
ASSETS
CURRENT ASSETS
Cash	$	-	$	-
Prepaid Expenses		-		-
TOTAL ASSETS	$	-	$	-
LIABILITIES AND STOCKHOLDER'S EQUITY (DEFICIT)
CURRENT LIABILITIES
Accounts payable and accrued liabilities	$	78,565	$	57,745
Loans from Related Party		45,735		35,735
TOTAL CURRENT LIABILITIES	$	124,300	$	93,480
STOCKHOLDER'S EQUITY (DEFICIT)
Capital stock (Note3)
Authorized
200,000,000 shares of common stock, $0.001 par value,
Issued and outstanding
69,920,000 shares of common stock	$	69,920	$	69,920
Additional Paid in Capital		(53,430)		(53,430)
Deficit accumulated during the development stage		(140,790)		(109,970)
TOTAL STOCKHOLDER'S EQUITY/(DEFICIT)	$	(124,300)	$	(93,480)
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY/(DEFICIT)	$	-	$	-
The accompanying notes are an integral part of these condensed financial statements 4

VACATION HOME SWAP, INC.
(A Development Stage Company)
CONDENSED STATEMENTS OF OPERATIONS
Unaudited
		Three months ended		Three months ended		Six months ended		Six months ended		Cumulative results from inception (March 31, 2009)
		October 31, 2013		October 31, 2012		October 31, 2013		October 31, 2012		to October 31, 2013
REVENUE
Revenues	$	-	$	-	$	-	$	-	$	-
Total Revenues	$	-	$	-	$	-	$	-	$	-
EXPENSES
Office and general	$	6,750	$	450	$	23,820	$	1,100	$	59,592
Professional Fees		3,500		3,500		7,000		7,000		81,209
Total Expenses	$	10,250	$	3,950	$	30,820	$	8,100	$	140,800
Net Operating Loss	$	(10,250)	$	(3,950)	$	(30,820)	$	(8,100)	$	(140,800)
Exchange Gain/(Loss)	$	-	$	-	$	-	$	-	$	11
NET LOSS	$	(10,250)	$	(3,950)	$	(30,820)	$	(8,100)	$	(140,790)
BASIC AND DILUTED LOSS PER COMMON SHARE	$	-	$	-	$	-	$	-
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING		69,920,000		949,900,000		69,920,000		949,900,000
The accompanying notes are an integral part of these condensed financial statements

VACATION HOME SWAP, INC.
(A Development Stage Company)
CONDENSED STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT)
From inception (March 31, 2009) to October 31, 2013
Unaudited
									Deficit
	Common Stock								accumulated
					Additional		Share		during the
	Number of				Paid-in		Subscription		development
	shares		Amount		Capital		Receivable		stage		Total
Common stock issued for cash at $0.001 per share on April 30, 2009	920,000,000	$	920,000	$	(910,000)	$	(10,000)	$		$	-
Net loss for the period ended April 30, 2009									(1,200)		(1,200)
Balance, April 30, 2009	920,000,000	$	920,000	$	(910,000)	$	(10,000)	$	(1,200)	$	(1,200)
Subscription Receivable on October 8, 2009							10,000				10,000
Net loss for the year ended April 30, 2010									(23,152)		(23,152)
Balance, April 30, 2010	920,000,000	$	920,000	$	(910,000)	$	-	$	(24,352)	$	(14,352)
Common stock issued for cash at $0.02 per share on June/July, 2010	29,900,000		29,900		(23,400)						6,500
Net loss for the year ended April 30, 2011									(20,032)		(20,032)
Balance, April 30, 2011	949,900,000	$	949,900	$	(933,400)	$	-	$	(44,384)	$	(27,884)
Net loss for the year ended April 30, 2012									(42,187)		(42,187)
Balance, April 30, 2012	949,900,000	$	949,900	$	(933,400)	$	-	$	(86,571)	$	(70,071)
Redemption of common stock on November 3, 2012, for $10	(879,980,000)		(879,980)		879,970						(10)
Net loss for the year ended April 30, 2013									(23,399)		(23,399)
Balance, April 30, 2013	69,920,000	$	69,920	$	(53,430)	$	-	$	(109,970)	$	(93,480)
Net loss for the period ended October 31, 2013									(30,820)		(30,820)
Balance, October 31, 2013	69,920,000	$	69,920	$	(53,430)	$	-	$	(140,790)	$	(124,300)
The accompanying notes are an integral part of these condensed financial statements

VACATION HOME SWAP, INC.
(A Development Stage Company)
CONDENSED STATEMENTS OF CASH FLOW
Unaudited
			Six months ended		Six months ended		31-Mar-09
							(inception date) to
			31-Oct-13		30-Oct-12		31-Oct-13
CASH FLOWS FROM OPERATING ACTIVITIES
	Net loss	$	(30,820)	$	(8,100)	$	(140,790)
	Adjustment to reconcile net loss to net cash used in operating activities:
	Decrease (increase) in prepaid expenses		-		-		-
	Increase (decrease) in accrued expenses	$	20,820	$	8,100	$	78,565
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES		$	(10,000)	$	-	$	(62,225)
CASH FLOWS FROM FINANCING ACTIVITIES
	Proceeds from sale of common stock		-		-		16,500
	Payment of common stock buy back		-		-		(10)
	Loan from related party		10,000		-		45,735
NET CASH PROVIDED BY FINANCING ACTIVITIES		$	10,000	$	-	$	62,225
NET INCREASE (DECREASE) IN CASH		$	-	$	-	$	-
CASH, BEGINNING OF PERIOD		$	-	$	-	$	-
CASH, END OF PERIOD		$	-	$	-	$	-
Supplemental cash flow information and noncash financing activities:
Cash paid for:
	Interest	$	-	$	-	$	-
	Income taxes	$	-	$	-	$	-
The accompanying notes are an integral part of these condensed financial statements

VACATION HOME SWAP, INC. (A Development Stage Company) NOTES TO THE CONDENSED UNAUDITED FINANCIAL STATEMENTS October 31, 2013 NOTE 1 – CONDENSED FINANCIAL STATEMENTS The accompanying condensed financial statements have been prepared by the Company without audit. In the opinion of management, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations, and cash flows at October 31, 2013, and for all periods presented herein, have been made. Certain information and footnote disclosures normally included in the condensed financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted. It is suggested that these condensed financial statements be read in conjunction with the financial statements and notes thereto included in the Company’s April 30, 2013 audited financial statements. The results of operations for the periods ended October 31, 2013 and the same period last year are not necessarily indicative of the operating results for the full years. NOTE 2 – GOING CONCERN The Company’s financial statements are prepared using generally accepted accounting principles in the United States of America applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has not yet established an ongoing source of revenues sufficient to cover its operating costs and allow it to continue as a going concern. The ability of the Company to continue as a going concern is dependent on the Company obtaining adequate capital to fund operating losses until it becomes profitable. If the Company is unable to obtain adequate capital, it could be forced to cease operations. In order to continue as a going concern, the Company will need, among other things, additional capital resources. Management’s plan is to obtain such resources for the Company by obtaining capital from management and significant shareholders sufficient to meet its minimal operating expenses and seeking equity and/or debt financing. However management cannot provide any assurances that the Company will be successful in accomplishing any of its plans. The ability of the Company to continue as a going concern is dependent upon its ability to successfully accomplish the plans described in the preceding paragraph and eventually secure other sources of financing and attain profitable operations. The accompanying financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.

VACATION HOME SWAP, INC. (A Development Stage Company) NOTES TO THE CONDENSED UNAUDITED FINANCIAL STATEMENTS October 31, 2013 NOTE 3 - CAPITAL STOCK The Company’s capitalization is 200,000,000 common shares with a par value of $0.001 per share. No preferred shares have been authorized or issued. On April 20, 2009, a director of the Company purchased 920,000,000 shares of the common stock in the Company at $0.00001 per share for $10,000. In June and July 2010 the company issued 29,900,000 common shares @ $0.0022 for subscriptions receivable of $6,500. On November 1, 2012, the Company increased its authorized capital from 75,000,000 common shares to 200,000,000 shares and affected a 92:1 forward split of its issued and outstanding common stock. Par value of $0.001 remains unchanged. In the meantime, the issued and outstanding shares are 949,900,000, which is over the limit of authorized shares 200,000,000 shares. On November 3, 2012 the company effected a redemption of 879,980,000 shares at $10 and the Company retired such 879,980,000 shares into its authorized common stock thereby reducing the total issued and outstanding shares to 69,920,000. The Company has a total of 69,920,000 shares issued and outstanding at October 31, 2013. NOTE 4 - LOANS FROM RELATED PARTIES The Company has received $45,735 as a loan from related parties as of October 31, 2013. The loan is repayable on demand and without interest.

Item 2. Management`s Discussion and Analysis of Financial Condition and Results of Operations

This section of this report includes a number of forward-looking statements that reflect our current views with respect to future events and financial performance. Forward looking statements are often identified by words like: believe, expect, estimate, anticipate, intend, project and similar expressions or words which, by their nature, refer to future events. You should not place undue certainty on these forward-looking statements, which apply only as of the date of this report. These forward looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or our predictions.

Overview

Vacation Home Swap, Inc. was incorporated in the State of Nevada on March 31, 2009 and has a fiscal year end of April 30.

On April 19, 2013, Vacation Home Swap, Inc., a Nevada corporation (the "Company") entered into a Share Exchange Agreement (the "Exchange Agreement") with Boost My Ads, Inc., a company organized under the laws of the British Virgin Islands ("Boost") and the shareholders of Boost (the "Boost Shareholders"). On June 30, 2013, the Share Exchange Agreement (the “Exchange Agreement”) between Vacation Home Swap, Inc., a Nevada corporation (the “Company”), Boost My Ads, Inc., a company organized under the laws of the British Virgin Islands (“Boost”) and the shareholders of Boost (the “Boost Shareholders”) was terminated pursuant to Section 6.01 (c) of the Exchange Agreement, which stated that the Exchange Agreement shall be terminated without penalty if the voluntary share exchange was not consummated on or before October 31, 2013. There were no material relationships between the Company or its affiliates and Boost or the Boost Shareholders, other than in respect of the Exchange Agreement.

Vacation Home Swap intends to enter into an Internet-based vacation home swapping company. The company plans to have a website where people can exchange homes for their holidays and travels.

As of the fiscal quarter ended October 31, 2013 we had no cash in the bank. We incurred operating expenses in the amount of $10,250 in the three month period ended October 31, 2013 as compared to $3,950 at three month period ended October 31, 2012. Since inception we have incurred operating expenses of $140,800.

The net decrease in cash provided by operating activities during the quarter ended October 31, 2013 was $10,000 compared to none for the quarter ended October 31, 2012.

The cash provided by financing activities during the quarter ended October 31, 2013 was $10,000 compared to none for the quarter ended October 31, 2012.

Plan of Operation

The Company has not yet generated any revenue from its operations. As of the fiscal quarter ended October 31, 2013 we had no cash. We incurred operating expenses in the amount of $10,250 in the quarter ended October 31, 2013. These operating expenses were comprised of professional fees and office and general expenses.

Our current cash holdings will not satisfy our liquidity requirements and we will require additional financing to pursue our planned business activities. We have registered 368,000,000 of or our common stock for sale to the public. Our registration statement became effective on April 8, 2010 and we are in the process of seeking equity financing to fund our operations over the next 12 months.

Management believes that if subsequent private placements are successful, we will generate sales revenue within the following twelve months thereof. However, additional equity financing may not be available to us on acceptable terms or at all, and thus we could fail to satisfy our future cash requirements.

If Vacation Home Swap is unsuccessful in raising the additional proceeds through a private placement offering it will then have to seek additional funds through debt financing, which would be very difficult for a new development stage company to secure. Therefore, the company is highly dependent upon the success of the anticipated private placement offering described herein and failure thereof would result in Vacation Home Swap having to seek capital from other resources such as debt financing, which may not even be available to the company. However, if such financing were available, because Vacation Home Swap is a development stage company with no operations to date, it would likely have to pay additional costs associated with high risk loans and be subject to an above market interest rate. At such time these funds are required, management would evaluate the terms of such debt financing and determine whether the business could sustain operations and growth and manage the debt load. If Vacation Home Swap cannot raise additional proceeds via a private placement of its common stock or secure debt financing it would be required to cease business operations. As a result, investors in Vacation Home Swap common stock would lose all of their investment.

Over the 12 month period starting upon completion of the offering under this registration statement, Vacation Home Swap must raise capital and start its sales. The first stage of our operations over this period is to establish our office and acquire the computer and office equipment we need to begin operations during the initial 60 days after raising enough money to start our business. We believe that it will cost $8,000 to buy and secure the necessary computer equipment. We do not intend to hire employees. Our sole officer and director will handle our administrative duties.

The second stage is to hire consultants to develop the key part of the business: create the website. Our Company`s website will include links to maps, weather information, country habits, local services and stores, community information, information about neighbourhood and special events. Concurrently we intend to purchase a software system to comply with our needs, which the client can add home pictures, videos from his home, indicate through a link the local services and stores nearby, and create an internal inbox for messages received/sent. We believe that it will cost $15,000 initially to have our website operational. The initial operation of the website is anticipated to be ready in 120 days after raising enough money to start our business.

The last stage is our Marketing and Sales campaign. We intend to include advertisements in travel and home design magazine and various Internet search engines; and promote and sell ads into our website along famous coffee shops, outlets, restaurants and bars, technology companies and airline companies. We believe that marketing and sales campaign will cost up to $45,000. We expect to be fully operational within 180 days after raising enough money to start our business.

We do not currently have any employees and management does not plan to hire employees at this time. We do not expect the purchase or sale of any significant equipment and has no current material commitments.

Limited Operating History; Need for Additional Capital

There is no historical financial information about us upon which to base an evaluation of our performance. We are a development stage corporation and have not generated any revenues from operations. We cannot guarantee we will be successful in our business operations. Our business is subject to risks inherent in the establishment of a new business enterprise, including limited capital resources.

Capital Resources

If Vacation Home Swap is unsuccessful in raising the additional proceeds through a private placement offering it will then have to seek additional funds through debt financing, which would be highly difficult for a new development stage company to secure. Therefore, the company is highly dependent upon the success of the anticipated private placement offering and failure thereof would result in Vacation Home Swap having to seek capital from other sources such as debt financing, which may not even be available to the company. However, if such financing were available, because Vacation Home Swap is a development stage company with no operations to date, it would likely have to pay additional costs associated with high risk loans and be subject to an above market interest rate. At such time these funds are required, management would evaluate the terms of such debt financing and determine whether the business could sustain operations and growth and manage the debt load. If Vacation Home Swap cannot raise additional proceeds via a private placement of its common stock or secure debt financing it would be required to cease business operations. As a result, investors in Vacation Home Swap common stock would lose all of their investment.

Off Balance Sheet Arrangement

The company is dependent upon the sale of its common shares to obtain the funding necessary to carry its business plan. Our President, Donald MacDow has undertaken to provide the Company with operating capital to sustain its business over the next twelve month period, as the expenses are incurred, in the form of a non-secured loan. However, there is no contract in place or written agreement securing these agreements. Investors should be aware that Mr. MacDow expression is neither a contract nor agreement between him and the company.

Other than the above described situation the Company does not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on the Company's financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to investors.

Item 3. Quantitative and Qualitative Disclosures about Market Risk

Not required.

Item 4. Controls and Procedures

Evaluation of Disclosure Controls and Procedures

Based upon an evaluation of the effectiveness of disclosure controls and procedures, our principal executive and financial officer has concluded that as of the end of the period covered by this Quarterly Report on Form 10-Q our disclosure controls and procedures (as defined in Rules 13a-15(e) or 15d-15(e) under the Exchange Act) were not effective. As reported in our Annual Report on Form 10-K for the year ended April 30, 2013, the Company’s principal executive and financial officer has determined that there are material weaknesses in our disclosure controls and procedures.

The material weaknesses in our disclosure control procedures are as follows:

1. Lack of formal policies and procedures necessary to adequately review significant accounting transactions. The Company utilizes a third party independent contractor for the preparation of its financial statements. Although the financial statements and footnotes are reviewed by our management, we do not have a formal policy to review significant accounting transactions and the accounting treatment of such transactions. The third party independent contractor is not involved in the day to day operations of the Company and may not be provided information from management on a timely basis to allow for adequate reporting/consideration of certain transactions.

2. Audit Committee and Financial Expert. The Company does not have a formal audit committee with a financial expert, and thus the Company lacks the board oversight role within the financial reporting process.

We intend to initiate measures to remediate the identified material weaknesses including, but not necessarily limited to, the following:

• Establishing a formal review process of significant accounting transactions that includes participation of the Chief Executive Officer, the Chief Financial Officer and the Company’s corporate legal counsel.

• Form an Audit Committee that will establish policies and procedures that will provide the Board of Directors a formal review process that will among other things, assure that management controls and procedures are in place and being maintained consistently.

Changes in Internal Controls over Financial Reporting

As reported in our Annual Report on Form 10-K for the year ended April 30, 2013, management is aware that there a significant deficiency and a material weakness in our internal control over financial reporting and therefore has concluded that the Company’s internal controls over financial reporting were not effective as of April 30, 2013. The significant deficiency relates to a lack of segregation of duties due to the small number of employees involvement with general administrative and financial matters. The material weakness relates to a lack of formal policies and procedures necessary to adequately review significant accounting transactions.

There have not been any changes in the Company's internal control over financial reporting during the quarter ended October 31, 2013 that have materially affected, or are reasonably likely to materially affect, the Company's internal control over financial reporting.”

PART II - OTHER INFORMATION

Item 1. Legal Proceedings

The Company is not a party to any pending legal proceedings, and no such proceedings are known to be contemplated.

No director, officer, or affiliate of the issuer and no owner of record or beneficiary of more than 5% of the securities of the issuer, or any security holder is a party adverse to the small business issuer or has a material interest adverse to the small business issuer.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

None.

Item 3. Defaults Upon Senior Securities

None

Item 4. (Removed and Reserved)

Item 5. Other Information

None

Item 6. Exhibits

Exhibit No.		Document Description
3.1		Articles of Incorporation [1]
3.2		By-Laws [1]
10.1INS		XBRL Instance Document***
10.1SCH		XBRL Taxonomy Extension Schema***
10.1CAL		XBRL Taxonomy Extension Calculation Linkbase***
10.1DEF		XBRL Taxonomy Extension Definition Linkbase***
10,1LAB		XBRL Taxonomy Extension Label Linkbase***
10.1PRE		XBRL Taxonomy Extension Presentation Linkbase***
31.1		Rule 13(a)-14(a)/15(d)-14(a) Certification of Chief Executive Officer
31.2		Rule 13(a)-14(a)/15(d)-14(a) Certification of Chief Financial Officer *
32.1		Section 1350 Certification of Chief Executive Officer
32.2		Section 1350 Certification of Chief Financial Officer **

[1] Incorporated by reference from the Company’s filing with the Commission on June 29, 2009.

Included in Exhibit 31.1

Included in Exhibit 32.1

***

Includes the following materials contained in this Quarterly Report on Form 10-Q for the quarter ended October 31, 2013 formatted in XBRL (eXtensible Business Reporting Language): (i) the Balance Sheets, (ii) the Statements of Operations, (iii) the Statements of Changes in Equity, (iv) the Statements of Cash Flows, and (v) Notes.

SIGNATURES

Pursuant to the requirements of the Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Vacation Home Swap, Inc.

BY: /s/ Donald MacDow

----------------------

Donald MacDow

President, Secretary, Treasurer, Principal Executive Officer,

Principal Financial Officer

BY: /s/ Henry McGrath

----------------------

Henry McGrath

Director

Dated: December 20, 2013

Filing Compare · Vacation Home Swap, Inc.