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

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

For the quarterly period ended July 31, 2017

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

From transition period from ____________ to ____________

~~For~~Commission ~~the~~File ~~quarterly~~No.: ~~period~~000-54956 ~~ended January 31, 2017~~

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

From transition period from ___________ to ___________

Commission File No.: __________

BRK, INC.

(Exact name of registrant as specified in its charter)

Nevada		~~26-2840468~~(I.R.S. Employer Identification No.)
(State or other jurisdiction of incorporation or organization)		~~(I.R.S. Employer Identification No.)~~26-2840468
411 Eastgate Rd, Suite A, Henderson, Nevada		89011
(Address of principal executive offices)		(Zip Code)

(702) 572-8050 ~~(Registrant’s telephone number, including area code)~~

(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 o

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 (§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 o No x

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

~~Indicate~~If an emerging growth company, indicate by check mark ~~whether~~if the registrant ishas aelected ~~shell~~not ~~company~~to ~~(as~~use ~~defined~~the inextended ~~Rule~~transition ~~12b-2~~period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act). ~~Yes ¨ No x~~o

AsIndicate ofby ~~March~~check ~~22,~~mark ~~2017,~~whether the registrant ~~had~~is ~~50,333,200~~a ~~shares~~shell company (as defined in Rule 12b-2 of ~~common~~the ~~stock~~Exchange ~~outstanding~~Act). o Yes x No

As of September 19, 2017, the registrant had 60,295,105 shares of common stock and one share of Series A preferred outstanding.

TABLE OF CONTENTS

PART I – FINANCIAL INFORMATION
Item 1:	Consolidated Financial Statements	4	4
	Consolidated Balance Sheets (Unaudited) as of January 31, 2017, and April 30, 2016		5
	Consolidated Balance Sheets (Unaudited) as of July 31, 2017, and April 30, 2017	4
	Consolidated Statements of Operations (Unaudited) for the Three and Nine Months Ended January 31, 2017 and 2016		6
	Consolidated Statements of Operations (Unaudited) for the Three Months Ended July 31, 2017 and 2016	5
	Consolidated Statements of Cash Flows (Unaudited) for the Nine Months Ended January 31, 2017 and 2016		7
	Consolidated Statements of Cash Flows (Unaudited) for the Three Months Ended July 31, 2017 and 2016	6
	Consolidated Notes to Financial Statements (Unaudited)	7	8
Item 2:	Management’s Discussion and Analysis of Financial Condition and Results of Operations	15	13
Item 3:	Quantitative and Qualitative Disclosures about Market Risk	16	15
Item 4T:	Controls and Procedures	16	15
PART II – OTHER INFORMATION
Item 1:	Legal Proceedings		16
		17
Item 1A:	Risk Factors		16
Item 1:	Legal Proceedings	17
Item 2:	Unregistered Sales of Securities and Use of Proceeds		16
Item 1A:	Risk Factors	17
Item 3:	Default upon Senior Securities		16
Item 2:	Unregistered Sales of Securities and Use of Proceeds	17
Item 4:	Mine Safety Information		16
Item 3:	Default upon Senior Securities	17
Item 5:	Other information		16
Item 4:	Mine Safety Information	17
Item 6:	Exhibits		17
Item 5:	Other information	17
	Signatures		18
Item 6:	Exhibits	17
	Signatures	18

2 ~~Table of Contents~~

Reference in this report to “BRK” “we,” “us,” and “our” refer to BRK, Inc.

SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS

The Securities and Exchange Commission (“SEC”) encourages companies to disclose forward-looking information so that investors can better understand future prospects and make informed investment decisions. This report contains these types of statements. Words such as “may,” “expect,” “believe,” “anticipate,” “estimate,” “project,” or “continue” or comparable terminology used in connection with any discussion of future operating results or financial performance identify forward-looking statements. You are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date of this report. All forward-looking statements reflect our present expectation of future events and are subject to a number of important factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements.

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PART I – FINANCIAL INFORMATION

ITEM 1: FINANCIAL STATEMENTS

The financial information set forth below with respect to our statements of operations for the three ~~and nine~~ months ended ~~January~~July 31, 2017 and 2016 is unaudited. This financial information, in the opinion of management, includes all adjustments consisting of normal recurring entries necessary for the fair presentation of such data. The results of operations for the three ~~and nine~~ months ended ~~January~~July 31, 2017, are not necessarily indicative of results to be expected for any subsequent period. Our fiscal year end is April 30.

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BRK, INC.

CONSOLIDATED BALANCE SHEETS

(Unaudited)

	January 31,			April 30,
	July 31,			April 30,
	2017			~~2016~~2017
ASSETS
Current assets
Cash and cash equivalents	$	38,~~129~~011		$	432,~~612~~860
Advance receivable		~~2,000~~--			-2,000
Inventory		-			808
Total current assets		8,011			34,860
Total current assets		5,129			5,420
Total assets	$	8,011		$	34,860
Fixed assets
LIABILITIES AND STOCKHOLDERS’ DEFICIT
Production equipment, net of accumulated depreciation of $27,253 and $18,835, respectively		148,125			5,055
Other asset
Intangible assets, net of accumulated amortization of $78,466 and $0, respectively		1,521,534			-
Total assets	$	1,674,788		$	10,475
LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)
Current liabilities
Accounts payable and accrued expense	$	5590,~~493~~138		$	1855,~~264~~626
Accrued compensation - related party		~~119~~157,~~765~~040			99125,~~950~~340
Deferred revenue- related party		10,000			--
Convertible notes payable - related party		7,089			7,089
Convertible notes payable -net of unamortized discount		238,141			115,500
Convertible notes payable - net of unamortized discounts		260,531			292,433
Short term debt - related party		~~106~~50,~~590~~690			8675,~~540~~690
Short term debt- net of amortized discount		125,064			44,900
Short term debt - net of amortized discount		127,128			126,095
Total current liabilities		662,142			372,243
Derivative liabilities		275,575			2,444,137
Stockholders’ equity (deficit)
Deferred revenue - related party		10,000			10,000
Preferred shares, par value $0.001, 1,000,000 shares authorized; none issued and outstanding as of January 31, 2017, and April 30, 2016		-			-
Total current liabilities		978,191			3,139,410
Common stock, par value $0.001, 100,000,000 shares authorized, 50,333,200 and 43,083,200 issued and outstanding as of January 31, 2017, and April 30, 2016 respectively		50,333			43,083
Stockholders’ deficit
Additional paid-in capital		2,262,522			(9,033	)
Preferred shares, par value $0.001, 1,000,000 shares authorized; one Series A and none issued and outstanding as of July 31, 2017, and April 30, 2017		-			-
Accumulated deficit		(1,300,209	)		(395,818	)
Common stock, par value $0.001, 100,000,000 shares authorized, 57,495,105 and 50,383,200 issued and outstanding as of July 31, 2017, and April 30, 2017 respectively		57,495			50,383
Total stockholders’ equity (deficit)		1,012,646			(361,768	)
Additional paid-in capital		(1,222,471	)		(1,786,532	)
Total liabilities and stockholders’ equity (deficit)	$	1,674,788		$	10,475
Retained earnings (accumulated deficit)		194,796			(1,368,401	)
Total stockholders’ deficit		(970,180	)		(3,104,550	)
Total liabilities and stockholders’ deficit	$	8,011		$	34,860

The accompanying notes are an integral part of the unaudited consolidated financial statements.

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BRK, INC.

CONSOLIDATED STATEMENTS OF OPERATIONS

FOR PERIODS ENDED ~~JANUARY~~JULY 31,

(Unaudited)

	Three Months						~~Nine Months~~
	2017			2016			~~2017~~			~~2016~~
Revenue, net – related party	$	4,901		$	-		$	4,901		$	-
Operating expenses:
Operating expenses:
Selling, general and administrative expenses	$	292,978		$	24,258
Selling, general and administrative expenses		90,412			12,720			799,939			46,552
Depreciation and amortization		--			27,150
Depreciation and amortization		32,058			1,009			86,884			3,031
Total operating expense		292,978			51,408
Total operating expense		122,470			13,729			886,823			49,583
Loss from operations		(292,978	)		(51,408	)
Loss from operations		(117,569	)		(13,729	)		(881,922	)		(49,583	)
Other income (expense)
Other expense
Change in fair value of derivative liabilities		1,951,832			--
Interest expense		(1995,~~555~~657	)		(1,~~020~~457	)		~~(22,469~~	)		~~(3,060~~	)
Total other expense		(19,555	)		(1,020	)		(22,469	)		(3,060	)
Total other income (expense)		1,856,175			(1,457	)
Net loss	$	(137,124	)	$	(14,749	)	$	(904,391	)	$	(52,643	)
Net income (loss)	$	1,563,197		$	(52,865	)
Net loss per common share basic and diluted	$	(0.00	)	$	(0.00	)	$	(0.02	)	$	(0.00	)
Net loss per common share basic	$	0.03		$	(0.00	)
Weighted average number of common shares outstanding: basic and diluted		50,305,727			43,083,200			48,779,891			43,083,200
Net loss per common share diluted	$	(0.00	)	$	(0.00	)
Weighted average number of common shares outstanding: basic		54,692,713			47,757,113
Weighted average number of common shares outstanding: diluted		96,779,831			47,757,113

The accompanying notes are an integral part of the unaudited consolidated financial statements.

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BRK, INC.

CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited)

	Nine Months Ended January 31,
	Three Months Ended July 31,
	2017			2016
Cash Flows From Operating Activities:
Net loss	$	(904,391	)	$	(52,643	)
Net income (loss)	$	1,563,197		$	(52,865	)
Adjustments to reconcile net loss to net cash used in operating activities:
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Depreciation and amortization		~~86,884~~--			327,~~031~~150
Stock based compensation		660,000			-
Amortization of debt discount		65,194			--
Amortization of debt discount		10,098			--
Gain on derivative liabilities		(1,951,832	)		--
Stock based compensation		237,630			--
Legal fees related to debt conversion		750			--
Changes in operating assets and liabilities:
Decrease in inventory		808			-
Increase in accounts payable and accrued expense		31,512			(680	)
Increase in accounts payable and accrued expense		37,229			2,365
Prepaid expense		2,000			--
Increase in accrued compensation - related party		1931,~~815~~700			206,~~660~~740
Deferred revenue – related party		10,000			--
Net cash used in operating activities		(19,849	)		(19,655	)
Net cash used in operating activities		(79,557	)		(26,587	)
Cash Flows Used in Investing Activities
Advance receivable		(2,000	)		-
Acquisition of fixed assets		(151,488	)		-
Net cash used in investing activities		(153,488	)		-
Cash Flows From Financing Activities:
Proceeds from notes payable - related party		~~131~~1,~~675~~000			2718,000
Repayments of notes- related parties		(~~111~~26,~~625~~000	)		-(125	)
Proceeds from convertible notes		121,000			-
Proceeds from notes payable		20,000			-
Proceeds from notes payable		91,512			-
Net cash (used in) provided by financing activities		(5,000	)		17,875
Net cash provided by financing activities		231,562			27,000
Net change in cash		(24,849	)		(1,780	)
Net change in cash		(1,483	)		413
Cash at beginning of period		32,860			4,612
Cash at beginning of period		4,612			1,047
Cash at end of period	$	8,011		$	2,832
Cash at end of period	$	3,129		$	1,460
SUPPLEMENT DISCLOSURE
Interest paid	$	~~8,000~~---		$	-
Income taxes paid		--			-
NON CASH TRANSACTIONS
NON-CASH TRANSACTIONS
Common stock issued for intangible assets	$	~~1,600,000~~--		$	-1,600,000
Shares issued as inducement for issuance of debt	$	18,805		$	-
Common stock issued for debt conversion	$	50,813		$	-
Debt offering cost on short term debt	$	9,488		$	--
New derivatives charged to debt discount	$	66,000		$	--
Debt offering costs on short term convertible debt	$	7,000		$	--
Reclass derivative to equity due to conversion of debt	$	282,730		$	--

The accompanying notes are an integral part of the unaudited consolidated financial statements.

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BRK, INC.

CONSOLIDATED NOTES TO FINANCIAL STATEMENTS

(Unaudited)

NOTE 1 - – BASIS OF PRESENTATION AND ORGANIZATION

BRK, Inc. (“BRK” or the “Company”) was incorporated on May 22, 2008 as a Nevada corporation. The Company has developed a product for the repair of hanging venetian blinds. As part of this development the Company has completed the development and is building a machine to make the parts for blind repair that it is selling. The development and testing of the machine was completed with limited production following and the Company reduced its work in the blind repair kit market space. During the year ended April 30, 2017, the Company terminated the blind repair business and wrote off the equipment related to the line of business.

On ~~May~~December 621, ~~2016~~2015, the Company ~~acquired intangible assets from ISee Automation for 5~~filed,~~000,000~~ ~~shares of common stock~~ with athe ~~fair~~Secretary ~~market~~of ~~value~~State of ~~$1,600,000 based on~~ the ~~Company’s~~State ~~stock~~of ~~price~~Nevada, ata ~~the~~Certificate ~~date~~ of ~~issuance.~~Change, ~~The~~effecting ~~intangible assets consist of~~ a ~~patent application and related know~~ten-~~how,~~for-one ~~technology~~(10:1) ~~and~~forward ~~plans~~split toof ~~commercialization related to covers~~ the ~~placement~~Company’s ofissued ~~video cameras~~ and ~~supporting~~outstanding ~~equipment~~shares ~~into~~of ~~helmets used by various athletics such as hockey~~common. ~~Life~~The ~~video~~forward ~~can~~split ~~then~~took beeffect ~~transmitted~~on ~~from~~the over-the-counter ~~player’s~~markets ~~helmet in real time for display~~ on ~~sports~~January ~~events~~12, ~~broadcasts~~2016. ~~The~~All ~~Company~~share isand inper ~~the~~share ~~process~~amounts ofherein ~~receiving~~have ~~models~~been ~~produced~~retroactively byadjusted ato ~~third~~reflect ~~party~~the ~~and~~forward ~~developing~~stock ~~a marketing strategy for the devise~~split.

On May 6, 2016, the Company acquired intangible assets from ISee Automation for 5,000,000 shares of common stock with a fair market value of $1,600,000 based on the Company’s stock price at the date of issuance. The intangible assets consist of a patent application and related know-how, technology and plans to commercialization related to covers the placement of video cameras and supporting equipment into helmets used by various athletics such as hockey. Life video can then be transmitted from the player’s helmet in real time for display on sports events broadcasts. The Company received the RefCam helmets produced by a third party and used the devises to broadcast various hockey events.

On or about February 27, 2017, Christopher Stramacchia, President of iSee Automation, notified the Company that it believes that iSee Automation terminated the Agreement for Services. The Company believes that there is no basis in law or equity for iSee Automation to unilaterally decide to terminate the Agreement for Services and plans to enforce its rights thereunder. Since their usage the helmets and their transmitting devices have been held without permission by ISee Automation.

As of April 30, 2017, ISee Automation was holding the Helmets and transmission equipment. Based on the lack of access to the Equipment the Company has elected to impair the assets related to the ISee Automation agreement resulting in an amortization charge of $105,133 and impairment of intangible assets of $1,494,867 for the intellectual property.

On September 28, 2016, the Company incorporated, in the state of Washington, a wholly owned subsidiary ISEE Sports Inc. Since inception, the subsidiary has not been operational or financially active.

On July 7, 2017, the Company incorporated a wholly owned subsidiary 10337188 Canada, Inc.

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Basis of Presentation

~~The~~These ~~accompanying~~consolidated ~~unaudited~~ financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission for interim financial information and with the instructions to Form 10-Q. Accordingly, they do not include all of the information required to be included in ~~a complete set of financial statements in~~ accordance with accounting principles generally accepted in the United States ~~of America~~. In the opinion of management, all adjustments (consisting of normal recurring adjustments) considered necessary for a fair presentation have been included. Operating results for the nine months ended January 31, 2017 are not necessarily indicative of the results that may be expected for the fiscal year ending April 30, 2017. The ~~accompanying unaudited financial statements should be read in conjunction with the financial statements and related notes included in the~~ Company’s ~~2016~~fiscal ~~Annual~~year ~~Report~~end ~~filed~~is ~~with~~April ~~the SEC on July 29, 2016~~30.

~~Forward~~The ~~Stock~~interim ~~Split~~consolidated financial statements have been prepared without audit in accordance with accounting principles generally accepted in the United States for interim financial information and with the instructions to Securities and Exchange Commission (“SEC”) Form 10-Q. They do not include all the information and footnotes required by generally accepted accounting principles for complete financial statements. Therefore, these unaudited interim condensed consolidated financial statements should be read in conjunction with the Company’s audited financial statements and notes thereto for the year ended April 30, 2017 included in its Annual Report on Form 10-K filed with the SEC.

OnThe ~~December~~interim ~~21,~~consolidated ~~2015,~~financial ~~the~~statements ~~Company~~included ~~filed~~herein are unaudited; however, ~~with~~they ~~the~~contain ~~Secretary~~all ofnormal ~~State~~recurring ofaccruals and adjustments that, in the ~~State~~opinion of ~~Nevada~~management, aare ~~Certificate~~necessary ofto ~~Change,~~present ~~effecting~~fairly athe ~~ten-for-one~~Company’s ~~(10:1)~~consolidated ~~forward~~financial ~~split~~position as of ~~the~~July ~~Company's~~31, ~~issued~~2017, ~~and~~the ~~outstanding~~consolidated ~~shares~~results of ~~common.~~its ~~The~~operations ~~forward~~and ~~split~~its ~~took~~consolidated ~~effect~~cash onflows ~~the~~for ~~over-~~the ~~counter~~three ~~markets~~months onended ~~January~~July 1231, 2017 and 2016. The ~~number~~results of ~~shares,~~operations ~~issued~~for ~~and~~any ~~outstanding~~interim ~~and~~period ~~the~~are ~~weighted~~not ~~average~~necessarily ~~for~~indicative ~~2015~~of ~~has~~the ~~been~~results ~~adjusted~~ to ~~reflect~~be expected for the ~~forward~~full ~~stock~~fiscal ~~split~~year.

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 at the date of the balance sheet. Actual results could differ from those estimates.

Principles of Consolidation

The consolidated financial statements of the Company include the Company and its wholly-owned subsidiary ISee Sports, Inc. All material intercompany balances and transactions have been eliminated.

Cash and Cash Equivalents

BRK considers all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents.

Revenue Recognition

The Company receives revenue though a related party for the use of the Company”’s equipment on the broadcasting of hockey games from the ref cam, a camera worn on the helmet of the referees. The revenue is recognized first by a related party which holds the initial agreement with the broadcaster when the event being broadcasted is completed. The related party pays the Company upon receipt of payment from the broadcaster. The revenues isare reported on a net basis with the deductions for directs costs being deducted from the revenue.

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Property, Equipment and Intangible Assets

Property and equipment are carried at cost, less accumulated depreciation. Additions are capitalized and maintenance and repairs are charged to expense as incurred. Intangible assets consist of a patent application purchased and is carried at cost, less accumulated amortization. Depreciation and amortization is provided principally on the straight-line basis method over the estimated useful lives of the assets which is estimated at 36 months. Patent applications submitted after June 8, 1995 have duration of 20 years. Due to the potential changes in technology the Company has elected to amortize the patent application over 15 years.

~~NOTE~~8 2Table -of ~~GOING CONCERN~~Contents

AsImpairment ~~shown in the accompanying financial statements, BRK has an accumulated deficit~~ of ~~$1,300,209~~long-lived and negative working capital of $657,013 as of January 31, 2017. Unless profitability and increases in stockholders’ equity continues, these conditions raise substantial doubt as to BRK’s ability to continue as a going concern. The January 31, 2017 financial statements do not include any adjustments that might be necessary if BRK is unable to continue as a going concern. Management plans to continue to raise funds through debt and equity financing to grow the business to profitability.assets

~~NOTE~~The 3Company reviews the carrying value of its long-lived ~~CONCENTRATION~~assets OFannually ~~REVENUE~~or whenever events or changes in circumstances indicate that the historical-cost carrying value of an asset may no longer be appropriate. The Company assesses recoverability of the asset by comparing the undiscounted future net cash flows expected to result from the asset to its carrying value. If the carrying value exceeds the undiscounted future net cash flows of the asset, an impairment loss is measured and recognized. An impairment loss is measured as the difference between the net book value and the fair value of the long-lived asset. Fair value is estimated based upon either discounted cash flow analysis or estimated salvage value.

~~The~~Basic ~~Company~~and ~~relies~~diluted onnet ~~one~~income ~~customer~~per ~~which is a related party, as its source of revenue. Should the Company lose that customer, the Company may lose its only source of revenue.~~share

~~NOTE~~Basic ~~4 -~~and ~~RELATED~~diluted ~~PARTY~~net ~~TRANSACTIONS~~income per share calculations are calculated on the basis of the weighted average number of common shares outstanding during the year. They include the dilutive effect of common stock equivalents in years with net income. Basic and diluted net income per share is the same due to a net loss for the three month period ended July 31, 2016. Basic shares are 54,692,713 and the diluted shares include the number of shares that may result from the conversion of debt and is measured as of July 31, 2017 at 42,087,118 shares or a total of 96,779,831 for the weighted average.

~~During~~Income the nine months ended January 31, 2017, the Company recorded $22,825 in compensation payable to the President. The president was paid $3,010 cash with the remaining $19,815 accrued for salary expense. As of January 31, 2017, $119,765 was due to the President.Taxes

OnBRK ~~May~~recognizes 6,deferred ~~2016,~~tax ~~the~~assets ~~Company~~and ~~acquired~~liabilities abased ~~patent~~on ~~application~~differences ~~from~~between ~~ISee~~the ~~Automation~~financial ~~for~~reporting ~~5,000,000~~and ~~shares~~tax basis of ~~common~~assets ~~stock~~and ~~with~~liabilities ausing ~~fair~~the ~~value~~enacted oftax ~~$1,600,000.~~rates ~~Upon~~and ~~the~~laws ~~issuance~~that ofare expected to be in effect when the ~~shares~~differences ~~ISee~~are ~~became~~expected to be recovered. BRK provides a ~~related~~valuation ~~party~~allowance for deferred tax assets for which it does not consider realization of such assets to be more likely than not.

OnFair ~~May~~Value ~~18, 2016, the Company issued a note for $10,000 in cash to a related party. The note is due on demand and bears an interest rate~~ of 8%Financial ~~per annum.~~Instruments

The Company’s financial instruments consist of cash and cash equivalents, accounts payable and accrued expenses and shareholder loans. The carrying amount of these financial instruments approximates fair value due either to length of maturity or interest rates that approximate prevailing market rates unless otherwise disclosed in these financial statements.

Financial assets and liabilities recorded at fair value in our condensed consolidated balance sheets are categorized based upon a fair value hierarchy established by GAAP, which prioritizes the inputs used to measure fair value into the following levels:

Level 1— Quoted market prices in active markets for identical assets or liabilities at the measurement date.

Level 2— Quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets and liabilities in markets that are not active; or other inputs that are observable and can be corroborated by observable market data.

Level 3— Inputs reflecting management’s best estimates and assumptions of what market participants would use in pricing assets or liabilities at the measurement date. The inputs are unobservable in the market and significant to the valuation of the instruments.

A financial instrument’s categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement.

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The Company analyzed the conversion option for derivative accounting and beneficial conversion features consideration and noted one variable convertible note qualified as a derivative and thus tainted the fixed conversion notes requiring the notes to accounted for as derivative liabilities

Financial assets and liabilities measured at fair value on a recurring basis are summarized below as of April 30, 2017 and 2016:

	Level 1		Level 2		Level 3		Total
As of April 30, 2017:
Assets
None
Liabilities
Derivative liability	$	-	$	-	$	2,444,137	$	2,444,137
As of July 31, 2017
Assets
None
Liabilities
Derivative liability	$	-	$	-	$	275,575	$	275,575

Beneficial Conversion Features

The intrinsic value of a beneficial conversion feature inherent to a convertible note payable, which is not bifurcated and accounted for separately from the convertible note payable and may not be settled in cash upon conversion, is treated as a discount to the convertible note payable. This discount is amortized over the period from the date of issuance to the date the note is due using the effective interest method. If the note payable is retired prior to the end of its contractual term, the unamortized discount is expensed in the period of retirement to interest expense. In general, the beneficial conversion feature is measured by comparing the effective conversion price, after considering the relative fair value of detachable instruments included in the financing transaction, if any, to the fair value of the common shares at the commitment date to be received upon conversion.

Recently Issued Accounting Pronouncements

In July 2017, the FASB issued ASU No. 2017-11, ”Earnings Per Share (Topic 260); Distinguishing Liabilities from Equity (Topic 480); Derivatives and Hedging (Topic 815): (Part I) Accounting for Certain Financial Instruments with Down Round Features, (Part II) Replacement of the Indefinite Deferral for Mandatorily Redeemable Financial Instruments of Certain Nonpublic Entities and Certain Mandatorily Redeemable Noncontrolling Interests with a Scope Exception”. The ASU was issued to address the complexity associated with applying generally accepted accounting principles (GAAP) for certain financial instruments with characteristics of liabilities and equity. The ASU, among other things, eliminates the need to consider the effects of down round features when analyzing convertible debt, warrants and other financing instruments. As a result, a freestanding equity-linked financial instrument (or embedded conversion option) no longer would be accounted for as a derivative liability at fair value as a result of the existence of a down round feature. The amendments are effective for fiscal years beginning after December 15, 2018, and should be applied retrospectively. Early adoption is permitted, including adoption in an interim period. The Company is currently evaluating the implementation date and the impact of this amendment on its financial statements.

NOTE 2 – GOING CONCERN

As shown in the accompanying financial statements, BRK has retained earnings of $194,796 with negative working capital of $970,180 as of July 31, 2017. Unless profitability and increases in stockholders’ equity continues, these conditions raise substantial doubt as to BRK’s ability to continue as a going concern. The July 31, 2017 financial statements do not include any adjustments that might be necessary if BRK is unable to continue as a going concern. Management plans to continue to raise funds through debt and equity financing to grow the business to profitability.

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NOTE 3 – CONCENTRATION OF REVENUE

The Company relies on one customer which is a related party, as it sources of revenue. Should the Company lose that customer, the Company may lose its only source of revenue.

NOTE 4 – RELATED PARTY TRANSACTIONS

During the three months ended July 31, 2017, the Company recorded $31,700 in compensation payable to the President, Chief Technology Officer and former President. As of July 31, 2017, $157,040 was due to the President.

On May 6, 2016, the Company acquired a patent from ISee Automation for 5,000,000 shares of common stock with a value of $1,600,000. Upon the issuance of the shares ISee became a related party.

On May 18, 2016, the Company issued a note for $10,000 in cash to a related party. The note is due on demand and bears an interest rate of 8% per annum.

On June 24, 2016, the Company repaid $125 on a note payable issued to a related party.

On July 1, 2016, the Company issued a note for $3,000 in cash to a related party. The note is due on demand and bears no interest.

On July 22, 2016, the Company issued a note for $5,000 in cash to a related party. The note is due on ~~demand~~October 20, 2016 and bears no interest.

On ~~August~~May 2617, ~~2016~~2017, the Company ~~issued~~paid aone ~~note~~related ~~for~~party $2526,000 inreducing ~~cash~~its ~~to a related party. The~~ note isto ~~due on demand and bears no interest~~$37,815.

On ~~August~~July 315, ~~2016~~2017, the Company issued a note ~~for $16,500 in cash~~ to a related party. ~~The~~for ~~note~~$1,000 isin ~~due on demand and bears no interest~~cash.

OnAs ~~September~~of 14July 31, ~~2016~~2017, the ~~Company~~balance ~~issued~~of anotes ~~note~~payable ~~for~~due ~~$37,000 in cash~~ to a related ~~party.~~parties ~~The~~was ~~note~~$50,690 isand ~~due~~convertible onnotes ~~demand~~payable ~~and~~of ~~bears no interest~~$7,089.

On ~~September~~June 1416, ~~2016,~~2017 ~~the~~Brian ~~Company~~Keasberry ~~issued~~resigned aas ~~note~~President ~~for~~of ~~$29~~the Company,~~000~~ incontinued ~~cash~~as tothe aSecretary ~~related~~and ~~party~~Treasurer. ~~The~~On ~~note~~June is16, ~~due~~2017 onDanie ~~demand~~Serruya was elected President, CEO and ~~bears~~a noDirector ~~interest~~of the Company.

OnNOTE ~~September~~5 – ~~27, 2016, the Company issued a note for $4,675 in cash to a related party. The note is due on demand and bears no interest~~EQUITY

On October 3, 2016, the Company issued a note for $1,000 in cash to a related party. The note is due on demand and bears no interest.

On December 1, 2016, the Company issued a note for $500 in cash to a related party. The note is due on demand and bears no interest.

During the quarter ended January 31, 2017 the Company repaid related parties $111,625 in notes payable.

As of January 31, 2017, the balance of notes payable due to related parties was $106,590 and convertible notes payable of $7,089.

As of January 31, 2017 and April 30, 2016 the amount due to related party was $5,200 and $3,200, respectively.

During the nine months ended January 31, 2017, the Company advanced $2,000 to an entity controlled by an acquaintance of the sole officer of the Company. The cash advance is unsecure, bears no interest and is due on demand.

NOTE 5 - EQUITY

~~The~~On ~~assets~~May ~~are~~18, ~~carried~~2017, atthe ~~cost,~~Company ~~less~~issued ~~accumulated~~3,000,000 ~~amortization.~~shares ~~Amortization~~of iscommon ~~provided~~stock ~~principally~~at on$0.0005 to the ~~straight-line~~convertible ~~basis~~note ~~method~~holder ~~over~~0832322 ~~the~~BC, ~~estimated~~Ltd. ~~useful~~for ~~lives~~$1,500 of 15convertible ~~years~~debt. ~~For~~Per the ~~nine~~note ~~months~~agreement ~~ended~~300,000 ~~January~~shares 31were to be issued at $0.005 per share for the $1,500 ~~2017~~conversion, however 3,000,000 shares were issued due to the ~~Company~~forward ~~recorded~~10:1 ~~amortization~~split of ~~$78~~the Company common stock on December 21,~~466~~ 2015 which occurred subsequent to date of the note issuance.

On October 20, 2016, the Company completed two separate consulting agreement with two entities. Both agreements are for a term of one year with the combined compensation being 2,000,000 shares of common stock issued at fair value of $0.33 per share for a total value of $660,000. Per the agreements, the shares were deemed earned at the date of the agreement and thus expensed in the nine month period ended January 31, 2017

On November 11, 2016, the Company issued 250,000 shares of common stock as an inducement for the issuance of a convertible note to two individuals with a relative fair value of $18,805 and was accounted for as debt discount.

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NOTE 6 - NOTES

On November 10, 2016, the Company issued a secured promissory note to an individual for $50,000 with net proceeds after cost of $45,256 in cash. Debt issuances cost of $ 4,744 were recognized as a discount on the note. The note matures on February 10, 2017 with an 8% per month interest rate with interest payments of $4,000 payable on December 10, 2016, January 10, 2017, and February 10, 2017. As part of the note agreement the Company will issue 125,000 shares of common stock with a relative fair value of $9,402 to the note holder. The note is secured by 2,500,000 shares of common stock in book entry with the Transfer Agent to be cancelled if the note is paid back per the agreement.

On November 10, 2016, the Company issued a secured promissory note to an individual for $50,000 with net proceeds after cost of $45,256 cash. Debt discount costs of $4,744 were recognized as a discount to the note. The note matures on February 10, 2017 with an 8% per month interest rate with interest payments of $4,000 payable on December 10, 2016, January 10, 2017, and February 10, 2017. As part of the note agreement the Company will issue 125,000 shares of common stock with a relative fair value of $9,403 to the note holder. The note is secured by 2,500,000 shares of common stock in book entry with the Transfer Agent to be cancelled if the note is paid back per the agreement.

NOTE 7 - CONVERTIBLE NOTES

On November 28, 2016, the Company issued a convertible promissory note to an entity with a face value of $53,000 and bearing interest at 12% per annum. Debt issuance costs of $7,000 were recognized as a discount to the note. The note matures on August 28, 2017. The net proceeds to the Company was $46,000 net of legal fees of $2,000 and due diligence fees of $5,000. The note and accrued interest is convertible 180 days after the date of issuance of the note into common stock of the company at 50% discount to lowest trading price during the 20 days prior to the date of the conversion. The note is secured by 10,000,000 shares of common stock in book entry with the Transfer Agent to be cancelled if the note is paid back per the agreement.

On December 1, 2016, the Company issued a convertible note to an entity with a face value of $75,000 bearing interest at 10%. The net proceeds to the Company was $69,000 with legal and due diligence fees of $6,000. The note is due on December 1, 2017 and is convertible at or any time after March 3, 2017 at lower of closing price of the common on the trading day preceding the closing date or 55% of the lowest sales price during the 20 preceding days to conversion with a floor of $.00001. The holder of the note can convert the note up to 4.9% of Company’s outstanding common stock. The note is secured by 3,250,000 shares of common stock in book entry with the Transfer Agent to be cancelled if the note is paid back per the agreement. The reserve amount will be increase by a factor of 2 each time the Company enters into a subsequent convertible note.

NOTE 8 - COMMITMENTS AND CONTINGENCIES

On February 21, 2016, the Company signed a worldwide license agreement to manufacture and distribute the O2Trainer. The product is used by individuals in physical training. The Company will pay a 10% royalty on all sales through February 21, 2026. As of January 31, 2017, there have been no sales of the product.

On July 25, 2016, the Company filed with the Securities and Exchange Commission a Current Report on Form 8-K, disclosing, among other things, that pursuant to the terms and conditions that certain Patent Assignment and Technology Transfer Agreement (the “Patent Assignment and Technology Transfer Agreement”), dated May 6, 2016, by and between BRK, Inc., a Nevada corporation (the “Company”) and iSee Automation Inc., a federal Canada corporation (“iSee Automation”), the Company purchased U.S. Patent Application No. 15/079,847, “Helmet System” (the “Patent”) and related technology for a helmet camera system, including intellectual property covered by the Patent. The Patent covers technology designed to wirelessly transmit video images from a small, mobile camera to live broadcast (the “Helmet Camera and Broadcast Technology”).

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On May 18, 2017, the Company issued 1,451,905 shares of common stock at $0.013775 to the convertible note holder JSJ for $20,000 of convertible debt.

On June 8, 2017, the Company issued 2,660,000 shares of common stock at $0.01102 to the convertible note holder EMA Financial for $28,563 of convertible debt plus $750 for professional fees.

On June 15, 2017, the Company increased its number of authorized shares to 2,001,000,000 with 1,000,000 designated as preferred shares with a par value of $0.001 and 2,000,000,000 designated as common stock with a par value of $0.001.

On June 15, 2017, the Company designated one share of preferred stock as Series A preferred at a par value of $0.001. The series A preferred carries a voting right equal to 110% of the total voting rights of the outstanding common stocks. In addition, the series A shareholders can elect a director. The Series A director must approve any future amendments of the Company’s articles and other activities of the Company. Brian Keasberry was granted one share of Series A preferred stock on June 15, 2017. The fair value of the series A preferred share was independently valued at $237,630 and was accounted for as stock based compensation.

NOTE 6 – NOTES PAYABLE

As of July 31, 2017, the Company had outstanding notes payable, net of discount of $127,128 to third parties and $50,690 to related parties.

NOTE 7 – CONVERTIBLE NOTES

The Company analyzed the conversion option for derivative accounting and beneficial conversion features consideration under ASC 815-15 “Derivatives and Hedging” and ASC 470-20 “Convertible Securities with Beneficial Conversion Features” and noted one variable convertible note qualified plus tainted the fixed conversion notes requiring the notes to accounted for as derivative liabilities. (See Note 8 - Fair Value Measurement)

On July 5, 2017, ISee Sports Inc., a wholly owned subsidiary of the Company issued a $20,000 convertible note to one individual for cash. The convertible note bears interest at 8% per annum, matures on July 4, 2019 and is convertible at the note holders option into shares of the subsidiary ISee sports, Inc at $1.00 per share or into shares of the parent BRK, Inc., at 60% of the average closing price of the common stock of BRK for 10 days immediately prior to conversion.

As of July 31, 2017, and April 30, 2017 the Company owes $7,089 in convertible related party notes. The notes bear interest at 0%, are due on demand and are unsecured. The notes are convertible at $0.005 into the Company’s common stock

As of July 31, 2017, and April 30, 2017 the Company owed net of unamortized discount of $260,531 and $292,433 respectively, in non-related party convertible promissory notes.

NOTE 8 – FAIR VALUE MEASUREMENTS AND DERIVATIVE LIABILITIES

As defined in (Financial Accounting Standards Board ASC 820), fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (exit price). The Company utilized the market data of similar entities in its industry or assumptions that market participants would use in pricing the asset or liability, including assumptions about risk and the risks inherent in the inputs to the valuation technique. These inputs can be readily observable, market corroborated, or generally unobservable. The Company classifies fair value balances based on the observability of those inputs. FASB ASC 820 establishes a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurement) and the lowest priority to unobservable inputs (level 3 measurement).

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The three levels of the fair value hierarchy are as follows:

Level 1 –	Quoted prices are available in active markets for identical assets or liabilities as of the reporting date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 1 primarily consists of financial instruments such as exchange-traded derivatives, marketable securities and listed equities.

Level 2 –	Pricing inputs are other than quoted prices in active markets included in level 1, which are either directly or indirectly observable as of the reported date and includes those financial instruments that are valued using models or other valuation methodologies. These models are primarily industry-standard models that consider various assumptions, including quoted forward prices for commodities, time value, volatility factors, and current market and contractual prices for the underlying instruments, as well as other relevant economic measures. Substantially all of these assumptions are observable in the marketplace throughout the full term of the instrument, can be derived from observable data or are supported by observable levels at which transactions are executed in the marketplace. Instruments in this category generally include non-exchange-traded derivatives such as commodity swaps, interest rate swaps, options and collars.

Level 3 –	Pricing inputs include significant inputs that are generally less observable from objective sources. These inputs may be used with internally developed methodologies that result in management’s best estimate of fair value.

The following table sets forth by level within the fair value hierarchy the Company’s financial assets and liabilities that were accounted for at fair value as April 30, 2017 and 2016.

Recurring Fair Value Measures	Level 1		Level 2		Level 3		Total

LIABILITIES:
Derivative liabilities as of April 30, 2017	$	--	$	--	$	2,444,137	$	2,444,137

Derivative liabilities as of July 31, 2017	$	--	$	--	$	275,575	$	275,575

As of July 31, 2017, and April 30, 2017, the aggregate fair value of the outstanding derivative liabilities was $275,575 and $2,444,137, respectively. For the three months period ended July 31, 2017 and 2016, the net gain on the change of fair value was $1,951,832 and zero, respectively.

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The Company estimated the fair value of the derivative liabilities using the Black Scholes option pricing model using the following key assumptions during the three months period ended July 31, 2017:

Expected Dividend		0%
Expected terms		.26-1.00
Volatility		215.38% -283.89%
Risk free rate		.94% -1.09%

The following table represents the change in the fair value of the derivative liabilities during the three months period ended July 31, 2017,

Fair value of derivative liabilities as of April 30, 2017	$	2,444,137
New derivative charged to debt discount		66,000
Reclassification of derivative to equity due to conversion		(282,730	)
Change in fair value of derivatives		(1,951,832	)
Fair value of derivative liabilities as of July 31, 2017	$	275,575

NOTE 9 – COMMITMENTS AND CONTINGENCIES

Pursuant to the terms and conditions of the Patent Assignment and Technology Transfer Agreement, the Company issued 5,000,000 shares of common stock to iSee Automation.

The U.S. U.S. Patent and Trademark Office subsequently published an Assignment of Abstract of Title, date record July 13, 2017, for conveyance of the Patent from iSee Automation Inc. to BRK, Inc.

In connection with the acquisition of the Patent, the Company also entered into that certain Revenue Assignment and Benefit Transfer Agreement, dated September 16, 2016, by and between the Company and iSee Automation (the “Revenue Assignment Agreement”). Under the Revenue Assignment Agreement, iSee Automation is obligated to “deliver to the Company any and all revenues obtained by iSee Automation based on the Helmet Camera patent application previously purchased by BRK from iSee Automation under the Patent Assignment and Technology Transfer Agreement via wire transfer or via direct delivery from customers.

Although we have clear title to and no restrictions to use our intellectual property, disputes may arise regarding the Revenue Transfer Agreement, including but not limited to, the scope and duration of payment of royalties’ other interpretation-related issues.

On May 17, 2016, the Company entered into that certain Agreement for Services, dated May 17, ~~2017~~2016, by and among the Company, iSee Automation Inc. (Ontario), and Christopher Stramacchia. Pursuant to the terms and conditions of the Agreement for Services, “[~~a]ny~~any patents derived from the research done jointly and severally by all the above named parties shall be the property of BRK, Inc.,” in consideration for the Company paying $10,000 to iSee Automation (Michigan), which $10,000 the Company paid to iSee Automation (Michigan) on or about May 17, 2016.

On or about February 28, 2017, Christopher Stramacchia, President of iSee Automation, notified the Company that it believes that iSee Automation terminated the Revenue Assignment Agreement. The Company believes that there is no basis in law or equity for iSee Automation to unilaterally decide to terminate the Revenue Assignment Agreement and plans to enforce its rights thereunder.

NOTE ~~9 -~~– 10 SUBSEQUENT EVENTS

On ~~February~~August 325, 2017, the Company issued ~~a convertible note to Auctus Fund LLC with a face value of $75~~2,~~000 bearing interest at 12%. The net proceeds to the Company was $69~~800,000 with legal and due diligence fees of $6,000. The note is due on November 3, 2017 and is convertible 180 days after the issuance of the note at lower of lower of 55% multiplied by the lowest trading price during the previous 25 days or 55% of the lowest sales price during the 25 preceding days. The holder of the note can convert the note up to 4.9% of Company’s outstanding common stock. The note is secured by 5,555,556 shares of common stock ~~in book entry with the Transfer Agent~~ to beAuctus ~~cancelled~~Fund, ifLLC ~~the~~for ~~note is paid back per~~ the ~~agreement.~~conversion ~~If the reserve is not maintained at the adequate amount the face value~~ of ~~the note may increase by~~ $158,~~000~~960 debt.

On14 orTable ~~about February 27, 2017, Christopher Stramacchia, President~~ of iSee Automation, notified the Company that it believes that iSee Automation terminated the Agreement for Services. The Company believes that there is no basis in law or equity for iSee Automation to unilaterally decide to terminate the Agreement for Services and plans to enforce its rights.Contents

ITEM 2: MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

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ITEM 2: MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

Executive Overview

BRK Inc. (“BRK” or the “Company”) was incorporated on May 22, 2008 as a Nevada corporation. The Company has developed a product for the repair of hanging venetian blinds. As part of this development the Company has completed the development and is building a machine to make the parts for blind repair that it is selling. The development and testing of the machine was completed with limited production following and the Company reduced its work in the blind repair kit market space.

On September 28, 2016, the Company incorporated, in the state of Washington, a wholly owned subsidiary ISEE Sports Inc. Since inception, the Subsidiary has not been operational or financially active.

On May 6, 2016, the Company acquired intangible assets from ISee Automation for 5,000,000 shares of common stock with a fair market value of $1,600,000 based on the Company’s stock price at the date of issuance. The intangible assets consist of a patent application and related know-how, technology and plan for commercialization related to the placement of video cameras and supporting equipment into helmets used by various athletics such as hockey. Life video can then be transmitted from the player’s helmet in real time for display on sports events broadcasts. The Company is in the process of receiving models produced by a third party and developing a marketing strategy for the devise.

On July 7, 2017 the Company incorporated a wholly owned subsidiary 10337188 Canada, Inc.

In summary, management continues to position the company in a way to best benefit from worldwide economic conditions, trends, events, and demand for new technologies.

Liquidity and Capital Resources

As of ~~January~~July 31, 2017, we had an accumulated ~~deficit~~retained earnings of $1194,~~300,209~~796. We recorded a net ~~loss~~income of $~~904~~1,~~391~~563,197 for the ~~nine~~three month period ended ~~January~~July 31, 2017. The net loss was $52,~~643~~865 for the same period during ~~2015~~2016. The ~~loss~~net income incurred in 2017 was primarily due to ~~increased~~a ~~depreciation~~change ~~and~~in ~~amortization~~fair value of the derivative liability of $861,~~884~~951,831 ~~plus~~offset ~~common~~by ~~stock~~interest ~~issued~~of ~~for~~$95,656 ~~service~~and general and administrative expense of $~~660~~292,~~000~~978.

Working capital was negative $~~657~~970,~~013~~180 as of ~~January~~July 31, 2017, compared to negative $~~366~~3,~~823~~104,550 as of April 30, ~~2016~~2017. Cash used in operations totaled $7919,~~557~~849 during the ~~nine-~~three month period ended ~~January~~July 31, 2017 compared to $2619,~~587~~655 during the same period in 2016. The increase in the net loss in 2017 over 2016 was ~~the major factor in the increase in cash used in 2017 over 2016~~minimal.

Funds used in ~~investing~~financing activities ~~for~~was ~~the nine month period ended January 31~~$5,000 in 2017 ~~was~~compared ~~$153,488~~with ~~compared~~funds toprovided ~~zero~~from ~~for~~financing ~~the~~activity ~~same~~of ~~period~~$17,875 in 2016. The ~~investments~~Company ~~were~~received to$20,000 ~~purchase~~from ~~fixed~~third ~~assets~~parties ~~used~~and ~~for~~$1,000 ~~the~~from ~~video~~related ~~reporting~~parties ~~via~~in ~~helmet~~loans ~~cameras~~and ofrepaid ~~hockey~~notes ~~games.~~to related parties totaling $26,000.

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Funds provided from financing activities was a net of $231,562 in 2017 compared with funds provided from financing activity of $27,000 in 2015. The Company received $212,512 from third parties and $131,675 from related parties in loans and repaid notes to related parties totaling $111,625.

Management expects to continue to issue debt to finance the Company. The purchasers and manner of issuance will be determined per our financial needs and the available exemptions. We also note that if we issue more shares of our common stock our shareholders may experience dilution in the value per share of their common stock.

We intend to rely on debt and equity financing, capital contributions from management and sales of our common stock to pay for costs, services, operating leases, litigation expense and future development of our business opportunities. Accordingly, our focus for the next twelve months will be to obtain additional funding through debt or equity financing. Our success in obtaining funding will depend upon our ability to sell our common stock or borrow on terms that are financially advantageous to us. If we are unable to obtain financing, then expansion of our operations will be delayed.

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Results of Operations

The Company ~~recorded~~did ~~$4,901~~not inrecord revenue, ~~net~~ during the three month periods ended July 31, 2017 and ~~nine~~for the same period in 2016. General and administrative expenses for the three month ~~periods~~period ended ~~January~~July 31, 2017 totaled $292,978 compared to $12,720 and ~~zero~~$24,258 for the same ~~period~~periods in 2016. The increase for three month period in ~~revenue~~2017 over 2016 was due to ~~revenue~~additional ~~received~~expense ~~from~~including ~~ISee~~stock ~~for~~based ~~the~~compensation ~~use~~related ofto the ~~helmet~~issuance ~~camera~~of ina ~~2017.~~series ~~Deferred~~A ~~revenue~~preferred ofshare ~~$10,000~~with ~~was~~a ~~also~~value ~~recorded~~of ~~in 2017~~$237,630.

~~General~~Depreciation and ~~administrative~~amortization ~~expenses~~was zero for the three ~~and nine-~~month ~~period~~periods ended ~~January~~July 31, 2017 ~~totaled $90,412 and $799,939~~ compared to $1227,~~720~~150 ~~and $46,552~~ for the same periods inended ~~2015~~July 31, 2016. The ~~increase~~depreciation ~~for~~was ~~nine-month~~related ~~period~~to infixed ~~2017~~assets ~~over~~consisted ~~2016~~of ~~was~~depreciation ~~due~~of tothe ~~additional~~assets ~~expense~~used ~~including~~in ~~stock~~live ~~based~~streaming ~~compensation~~the hockey games plus amortization for ~~consulting~~a ~~expense~~patent ~~and~~purchased. ~~G&A~~In ~~expense~~2016. toThe ~~rent~~assets ~~out~~were ~~equipment~~impaired ~~for~~during the ~~live~~year ~~video~~ended ~~streaming~~April of30, ~~hockey~~2017 ~~games~~causing ~~from~~no ~~referees~~depreciation ~~helmets~~during the three months ended July 31, 2017.

~~Depreciation~~The ~~and~~Company ~~amortization~~incurred ~~was~~net ~~$32,058~~income ~~and~~of $861,~~884~~563,197 ~~for~~in the three ~~and nine~~ -month ~~periods~~period ended ~~January~~July 31, 2017 compared to ~~$1,009~~a ~~and~~net loss of $352,~~031~~865 ~~for~~in the same periods ~~ended~~in ~~January 31, 2015~~2016. The ~~depreciation~~variance was ~~related~~due primarily to ~~fixed~~a ~~assets~~gain ~~consisted~~in offair ~~depreciation~~value of ~~the~~$1,951,831 ~~assets~~during ~~used in live streaming~~ the ~~hockey~~three ~~games~~months ~~plus~~ended ~~amortization~~July ~~for~~31, a2017 ~~patent~~compared ~~purchased~~to ~~during~~none in the ~~nine~~same ~~month~~ period ~~ended~~in ~~January 31, 2017~~2016.

The Company incurred a net loss of $137,124 and $904,391 in the three and nine-month period ended January 31, 2017 compared to $14,749 and $52,643 in the same periods in 2016. The variance in net loss was due to higher amortization cost, stock based compensation and the start up to the live video streams of the hockey games in the three and nine month periods ended January 31, 2017 compared to the same period in 2016.

Off-Balance Sheet Arrangements

None

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ITEM 3: QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

Not applicable.

ITEM 4: CONTROLS AND PROCEDURES

Evaluation of Disclosure Controls and Procedures

Based on their evaluation of our disclosure controls and procedures(as defined in Rule 13a-15e under the Securities Exchange Act of 1934 the "“Exchange Act"”), our principal executive officer and principal financial officer have concluded that as of the end of the period covered by this quarterly report on Form 10-Q such disclosure controls and procedures were not effective due to the lack of segregation of duties and lack of a formal review process that includes multiple levels of review to ensure that information required to be disclosed by us in reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in Securities and Exchange Commission rules and forms because of the identification of a material weakness in our internal control over financial reporting which we view as an integral part of our disclosure controls and procedures. The material weakness relates to the lack of segregation of duties in financial reporting, as our financial reporting and all accounting functions are performed by an external consultant with no oversight by a professional with accounting expertise. Our CEO/CFO does not possess accounting expertise and our company does not have an audit committee. This weakness is due to the company’s lack of working capital to hire additional staff. To remedy this material weakness, we intend to engage another accountant to assist with financial reporting as soon as our finances will allow.

Changes in Internal Control over Financial Reporting

Except as noted above, there have been no changes in our internal control over financial reporting identified in connection with the evaluation required by paragraph (d) of Exchange Act Rules 13a-15 or 15d-15 that occurred during our first quarter that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

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PART II – OTHER INFORMATION

ITEM 1: LEGAL PROCEEDINGS.

None

ITEM 1A: RISK FACTORS.

There have been no material changes to BRK, Inc.’s risk factors as previously disclosed in our most recent 10-K filing for the year ending April 30, 2016.

ITEM 2: SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.

On May 618, ~~2016~~2017, the Company ~~acquired~~issued an3,000,000 ~~intangible~~shares ~~asset~~of ~~from~~common ~~ISee~~stock ~~Automation~~at $0.0005 to the convertible note holder 0832322 BC, Ltd. for 5$1,~~000~~500 of convertible debt. Per the note agreement 300,000 shares ofwere ~~common~~to ~~stock~~be ~~with~~issued aat ~~fair~~$0.005 ~~market~~per ~~value~~share offor the $1,~~600~~500 conversion, however 3,000,000 ~~based~~shares onwere issued due to the forward 10:1 split of the Company’s common stock ~~price~~on atDecember ~~the~~21, 2015 which occurred subsequent to date of the note issuance.

On ~~October~~May 2018, ~~2016~~2017, the Company issued 21,~~000~~451,~~000~~905 shares of common stock ~~issued~~ at ~~fair value of~~ $0.33013775 ~~per~~to ~~share~~the ~~for~~convertible anote ~~total~~holder ~~value~~JSJ offor $~~660~~20,000. of convertible debt.

On ~~November~~June 118, ~~2016~~2017, the Company issued ~~250~~2,660,000 shares of common stock asat an$0.01102 ~~inducement~~to ~~for~~ the ~~issuance of a~~ convertible note toholder ~~two~~EMA ~~individuals~~Financial ~~with~~for ~~a relative fair value of~~ $1829,~~805~~313 ~~and~~of ~~was~~Convertible ~~accounted for as~~ debt ~~discount~~.

On June 15, 2017, the Company filed to increased its number of authorized shares to 2,001,000,000 with 1,000,000 designated as preferred shares with a par value of $0.001 and 2,000,000,000 designated as common stock with a par value of $0.001.

ITEM 3: DEFAULTS UPON SENIOR SECURITIES.

None

ITEM 4: MINE SAFETY INFORMATION.

None

ITEM 5: OTHER INFORMATION.

None

16 Table of Contents

ITEM 6: EXHIBITS

No.		Description

31		Chief Executive Officer Certification

32		Section 1350 Certification

101		Interactive data files pursuant to Rule 405 of Regulation S-T

Table of Contents

SIGNATURES

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

	BRK, INC.
Date: March 22, 2017	By:	/s/ Brian Keasberry
Date: September 19, 2017	By:	/s/ Daniel Serruya
		Brian Keasberry
		Daniel Serruya
		President Chief Executive Officer Principal Financial and Accounting Officer
		President Chief Executive Officer
		Principal Financial and Accounting Officer

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