UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

(Mark One)

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

For the quarterly period ended March 31, 2019

¨	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 000-55634

DIVERSE DEVELOPMENT GROUP, INC.

(Exact name of registrant as specified in its charter)

Delaware		30-0993789
(State or other jurisdiction of		(I.R.S. Employer
incorporation or organization)		Identification No.)

4819 Wood Pointe Way

Sarasota, Florida 34233

(Address of principal executive offices) (zip code)

617-510-1777

(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. 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
Emerging Growth Company	¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ¨ No x

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock	N/A	N/A

As of May 15, 2019, 6,515,000 shares of the Registrant’s common stock, par value $0.0001 per share, were issued and outstanding.

Diverse Development Group, Inc.

Quarterly Report on Form 10-Q

Period Ended March 31, 2019

Table of Contents

		Page
PART I. FINANCIAL INFORMATION

Item 1.	Financial Statements: (unaudited)	3

	Condensed Balance Sheets as of March 31, 2019 and December 31, 2018 (unaudited)	3

	Condensed Statements of Operations for the Three months ended March 31, 2019 and 2018 (unaudited)	4

	Condensed Statements of Stockholders’ Deficit for the Three months ended March 31, 2019 and 2018 (unaudited)	5

	Condensed Statements of Cash Flows for the Three months ended March 31, 2019 and 2018 (unaudited)	7

	Notes to Unaudited Condensed Financial Statements	8-11

Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations & Plan of Operations	12

Item 3.	Quantitative and Qualitative Disclosures About Market Risk	14

Item 4.	Controls and Procedures	14

PART II. OTHER INFORMATION

Item 1.	Legal Proceedings	15

Item 1A.	Risk Factors	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	16

SIGNATURES		17

Table of Contents

PART I-FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS.

DIVERSE DEVELOPMENT GROUP, INC.
CONDENSED BALANCE SHEETS
(Unaudited)

	March 31, 2019			December 31, 2018

ASSETS
Current assets
Cash & cash equivalents	$	62		$	104
Total Current Assets		62			104

Total assets	$	62		$	104

LIABILITIES AND STOCKHOLDERS' DEFICIT

Current liabilities
Accrued liabilities	$	3,717		$	3,717
Note payable - related party		141,014			112,142

Current liabilities		144,731			115,859

Stockholders' deficit
Preferred stock, $0.0001 par value, 20,000,000 shares authorized; none issued and outstanding		-			-
Common stock; $0.0001 par value, 100,000,000 shares authorized; 6,515,000 shares issued and outstanding		652			652
Discount on Common Stock		(670	)		(670	)
Additional paid - in capital		2,202			2,202
Accumulated deficit		(146,853	)		(117,939	)

Total stockholders' deficit		(144,669	)		(115,755	)
Total liabilities and stockholders' deficit	$	62		$	104

Diverse Development Group Inc. 10-Q