UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

Form 10-Q

x☒ Quarterly report under section 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended ~~September~~June 30, ~~2013~~2014

¨☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT

For the transition period from ______ to ______

Commission file number 333-71773

MANASOTA GROUP, INC
(Exact Name of Registrant as Specified in Its Charter)

Florida
(State or Other Jurisdiction of
Incorporation or Organization)

65-0840565
(IRS Employer
Identification No.)

P. O. Box 14302

Bradenton, Florida 34280
(Address of Principal Executive Offices)

941-~~776~~462-~~8233~~ 1640 (Registrant'’s Telephone Number, Including Area Code)

N/A
(Former Name, Former Address and Former Fiscal Year, if Changed Since Last Report)

Indicate by check mark whether the registrant (1) filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act during the past 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 has submitted electronically and posted on its corporation 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 ¨ ☐ 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 definition of “accelerated filer,” “large accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act) (Check one):

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 ¨ ☐ No x ☒

Indicate the number of shares outstanding of each of the issuer'’s classes of common equity, as of the latest practicable date:

Common Stock $0.01 Par Value as of ~~November~~June 130, ~~2013~~2016: Issued 1,809,912 Shares; Outstanding: 1,770,139 Shares

Index

PART I. FINANCIAL INFORMATION
Item 1.	~~Item~~Financial 1.Statements	~~Financial Statements~~
		Balance Sheets as of September 30, 2013 (unaudited) and December 31, 2012(audited)	3
	Balance Sheets as of June 30, 2014 (unaudited) and December 31, 2013(audited)	3
		Statements of Income (Unaudited) for the Nine Months ended September 30, 2013 and 2012	4
	Statements of Income (Unaudited) for the Six Months Ended June 30, 2014 and 2013 and Three Months Ended June 30, 2014 and 2013	4
		Statements of Cash Flows (Unaudited) for the Nine Months Ended September 30, 2013 and 2012	5
	Statements of Cash Flows (Unaudited) for the Six Months Ended June 30, 2014 and 2013	5
	Notes to Financial Statements	~~Notes to Financial Statements~~6	6
Item 2.	~~Item~~Management’s 2.Discussion and Analysis of Financial Conditions and Results of Operations	~~Management's Discussion and Analysis of Financial Conditions and Results of Operations~~8	9
Item 3.	~~Item~~Quantitative 3.and Qualitative Disclosures About Market Risk	~~Quantitative and Qualitative Disclosures About Market Risk~~10	11
Item 4.	~~Item~~Controls 4.and Procedures	~~Controls and Procedures~~10	11
PART II. OTHER INFORMATION
Item 1.	~~Item~~Legal 1.Proceedings	~~Legal Proceedings~~11	12
Item 1A.	~~Item~~Risk ~~1A.~~Factors	~~Risk Factors~~11	12
Item 2.	~~Item~~Unregistered 2.Sales of Equity Securities and Use of Proceeds	~~Unregistered Sales of Equity Securities and Use of Proceeds~~11	12
Item 3.	~~Item~~Defaults 3.Upon Senior Securities	~~Defaults Upon Senior Securities~~11	12
Item 4.	~~Item~~Mine 4.Safety Disclosures	~~Mine Safety Disclosures~~11	12
Item 5.	~~Item~~Other 5.Information	~~Other Information~~11	12
Item 6.	~~Item 6.~~Exhibits	~~Exhibits~~11	12

PART I - FINANCIAL INFORMATION

Item 1. Financial Statements.

MANASOTA GROUP, INC.

F/K/A HORIZON BANCORPORATION, INC.

Balance Sheets

	September 30, 2013			December 31, 2012
	June 30, 2014 (Unaudited)				December 31, 2013 (Audited)
	(Unaudited)			(Audited)
Cash	$	4,348			$	758
Cash	$	4,006		$	24,135
Property (net of accumulated depreciation of $365,469 and $351,524 respectively)		1,134,517				1,148,462
Property (net of accumulated depreciation of $344,552 and $323,636, respectively)		1,155,434			1,176,350
Other assets		50				10,002
Other assets		50			7,223
Deferred tax asset, net		377,383				377,383
Total Assets	$	1,~~159~~516,~~490~~298		$	~~1,207,708~~$	1,536,605
LIABILITIES & SHAREHOLDERS'(DEFICIT)
LIABILITIES & SHAREHOLDERS’(DEFICIT)
Liabilities:
Accrued expenses	$	1617,~~017~~826		$	~~923~~$	41,584
Note payable		1,~~470~~463,~~101~~440			~~1,485,193~~	1,470,101
Advances from related parties		40,000			40,000
Line of Credit		16,560				23,560
Line of credit		15,110			0
Advances from related parties		50,000				50,000
Total Liabilities		1,~~541~~547,~~228~~826			~~1,526,116~~	1,585,245
Shareholders' (Deficit):
Shareholders’ (Deficit):
Preferred stock, $.01 par value, 1,000,000 shares authorized; zero shares issued and outstanding		—			—	—
Common stock, $.01 par value, 25,000,000 shares authorized; 1,809,912 issued and 1,770,139 outstanding at September 30, 2013 and December 31, 2012.		18,099			18,099
Common stock, $.01 par value, 25,000,000 shares authorized; 1,809,912 issued and 1,770,139 outstanding at June 30, 2014 and December 31, 2013.		18,099				18,099
Paid-in-capital		10,428,214			~~10,428,214~~	10,428,214
Accumulated (deficit)		(109,~~348~~998,~~658)~~448	)		~~(10,285,328)~~	(10,015,560	)
		97,655			160,985
		447,865				431,753
Less Treasury stock: 39,773 shares		(479,393)	)		~~(479,393)~~	(479,393	)
Total Shareholders' (Deficit)		(381,738)			(318,408)
Total Shareholders’ (Deficit)		(31,528	)			(48,640	)
Total Liabilities and Shareholders' (Deficit)	$	1,159,490		$	1,207,708
Total Liabilities and Shareholders’ (Deficit)	$	1,516,298			$	1,536,605

The accompanying notes are an integral part of these financial statements.

MANASOTA GROUP, INC.

F/K/A HORIZON BANCORPORATION, INC.

Statements of Income (Unaudited)

	Three Months Ended September 30,						Nine Months Ended September 30,
	Three Months Ended June 30,								Six Months Ended June 30,
	2013			2012			2013			2012
	2014				2013				2014			2013
Operating Income
Rental income	$	3336,~~984~~960		$	~~43,680~~$	43,680	$	~~121,343~~	$	$74,704	~~131,040~~	$	87,360
Other miscellaneous income		4560			71	71		~~188~~		116	~~213~~		142
Total operating income		3437,~~029~~020			~~43,751~~	43,751		~~121,531~~	$	74,820	~~131,253~~		87,502
Operating Expenses
Interest expense on note		2320,~~583~~633			~~21,044~~	20,733		~~64,707~~		36,130	~~63,204~~		41,123
General administrative expenses		459,~~761~~912			~~14,324~~	57,155		~~120,154~~		21,578	~~45,111~~		74,393
Total operating expenses		6930,~~344~~545			~~35,368~~	77,888		~~184,861~~		57,708	~~108,315~~		115,516
Income/(loss) before income taxes		(35,315)			8,383			(63,330)			22,938
INCOME/(LOSS) BEFORE INCOME TAX PROVISION		6,475				(34,137	)			17,112			(28,014	)
Income tax provision/(benefit)		0			0	0		0		0	0		0
NET (LOSS)/INCOME	$	(35,315)		$	8,383		$	(63,330)		$	22,938
NET INCOME/(LOSS)	$	6,475			$	(34,137	)		$	17,112		$	(28,014	)
NET (LOSS)/INCOME PER BASIC AND DILUTED SHARE	$	(0.02)		$	0.01		$	(0.04)		$	0.01
NET EARNINGS/(LOSS) PER BASIC AND DILUTED SHARE	$	(0.00	)		$	(0.02	)		$	0.01		$	(0.02	)
Weighted average number of shares outstanding:
Basic and Diluted		1,779,139			~~1,779,139~~	1,779,139		~~1,779,139~~		1,779,139	~~1,779,139~~		1,779,139

The accompanying notes are an integral part of these financial statements.

MANASOTA GROUP, INC.

F/K/A HORIZON BANCORPORATION, INC

Statements of Cash Flows (Unaudited)

	Nine Months ended September 30
	Six Months ended June 30
	2013			2012
	2014				2013
Cash flow from operating activities:
Net cash provided (used) by operating activities	$	(20,147)		$	47,188
Net cash provided/(used) by operating activities	$	15,251			$	(4,597	)
Cash flow from investing activities:
Net cash provided by investing activities		0			0	0
Cash flow from financing activities:
Payment on note payable		(156,~~092)~~661	)		~~(21,118)~~	(15,092	)
Payment on related party advances		0			~~(23,000)~~	0
Line of credit		15,110			0
Line of credit advance/(repayment)		(5,000	)			9,040
Net cash provided (used) provided by financing activities		18			(44,118)
Net cash (used) by financing activities		(11,661	)			(6,052	)
Net change in cash		~~(20~~3,~~129)~~590			~~3,070~~	(10,649	)
Cash beginning of period		~~24,135~~758			~~20,868~~	24,135
Cash end of period	$	4,~~006~~348		$	~~23,938~~$	13,486
Supplemental disclosure of cash flow information:	$	36,130			$	41,123
Interest paid	$	~~64,707~~		$	~~63,204~~

The accompanying notes are an integral part of these financial statements.

MANASOTA GROUP, INC.

F/K/A HORIZON BANCORPORATION, INC.

Note 1 -– Basis of Presentation

The financial information for MANASOTA GROUP, Inc. f/k/a HORIZON ~~BANCORPOTION~~BANCORPORATION, Inc, Bradenton, Florida (the "“Company"”) as of ~~September~~June 30, ~~2013~~2014 and for the ~~nine~~six and three months ended ~~September~~June 30, ~~2013~~2014 and ~~2012~~2013 is unaudited but includes all adjustments, which, in the opinion of management are necessary in order to make the financial statements not misleading at such dates and for those periods. These financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and, ,therefore, do not include all information and notes required by accounting principles generally accepted in the United States of America (“GAAP”) for complete financial statements. These financial statements should be read in conjunction with the audited financial statements and related notes included in the Company’s Annual Report on Form 10K for the year ended December 31, ~~2012~~2013. Operating results for the ~~nine~~six and three months ended ~~September~~June 30, ~~2013~~2014 are not necessarily indicative of the results that may be expected for the entire year.

Note 2 - Organization and Summary of Significant Accounting Policies

MANASOTA GROUP, Inc. f/k/a HORIZON ~~BANCORPOTION~~BANCORPORATION, Inc, Bradenton, Florida (the "“Company"” or “we”) was a one-bank holding company with respect to Horizon Bank, Bradenton, Florida (the "“Bank"”). The Company commenced banking operations on October 25, 1999 when the Bank opened for business. On September 10, 2010, the Company ceased to be a bank holding company when the Florida Office of Financial Regulation (the “OFR”) closed the Bank and the Federal Deposit Insurance Corporation (the “FDIC”) was appointed as receiver. The FDIC sold the Bank to the Bank of the Ozarks. The Bank was primarily engaged in the business of obtaining deposits and providing commercial, consumer, and real estate loans to the general public. Bank deposits were each insured up to $250,000 by the FDIC subject to certain limitations. AsAfter ofSeptember ~~the~~10, ~~date of this Report~~2010, the Company’s business consisted of owning, maintaining and holding for lease its sole asset, isan ~~the~~approximately ~~building~~7,000 square foot office building located at 900 53rd Ave E, Bradenton, FL (the "“Building"”). ~~Until~~ ~~September~~The ~~10, 2013, the~~ Building was leased to Bank of the Ozarks under a ~~three~~3-year lease~~. On~~ which expired on September 610, 2013,. Subsequently the ~~Company~~Building ~~signed~~was leased to 1st Manatee Bank in December of 2013 under a ~~new~~three year lease ~~for~~with ~~the~~an ~~Building. See~~option ~~Note~~to ~~4 below~~purchase.

The Company is authorized to issue up to 25.0 million shares of its $.01 par value per share common stock. Each share is entitled to one vote and shareholders have no preemptive or conversion rights. As of ~~September~~June 30, ~~2013~~2014 and ~~2012~~December 31, 2013, there were 1,809,912 shares ~~issued and 1,770,139 shares of the~~ Company'’s common stock ~~outstanding. As~~issued ~~of September 30~~outstanding, ~~2013 and 2012 the Company held~~ 39,773 shares of which were held as treasury stock. Additionally, the Company is authorized to issue up to 1.0 million shares of its $.01 par value per share preferred stock, which may be designated by the Company'’s Board, without further action by the shareholders, for any proper corporate purpose with preferences, voting powers, conversion rights, qualifications, special or relative rights and privileges which could adversely affect the voting power or other rights of shareholders of common stock. ~~Effective~~ As ~~October 22, 2009, the Company’s Board did designate, by amending the Articles~~ of ~~Incorporation, the Series A Preferred Stock, consisting of 5,000 shares with a liquidation preference of $1,000 per share. On~~ June 1130, ~~2011,~~2014 ~~the~~and ~~Articles~~December ~~of Incorporation were further amended eliminating the Series A Preferred Stock. As of September 30~~31, 2013 ~~and 2012~~, there ~~were~~was no ~~shares~~designated ofpreferred stock ~~the~~and ~~Company's~~no ~~preferred~~shares ~~stock~~ issued or outstanding.

~~Uses~~Use of Estimates. The accounting and reporting policies of the Company conform to U.S. generally accepted accounting principles. In preparing the financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the ~~consolidated~~ financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ significantly from those estimates.

Concentration of Credit Risk. Cash is maintained at a major financial institution and, at times, balances may exceed federally insured limits. The Company has never experienced any losses related to these balances. ~~All~~The ~~of the~~ Company’s ~~non-interest~~has ~~bearing~~not ~~cash~~experienced ~~balances~~any ~~were~~losses ~~fully~~in ~~insured~~such ataccounts ~~September 30, 2013~~ and ~~2012~~believes ~~due~~that it ~~to a temporary federal program in effect from December 31, 2010 through December 31, 2012. Under the program, there~~ is nonot ~~limit~~exposed to ~~the~~any ~~amount~~significant ofcredit ~~insurance~~risk ~~for~~on ~~eligible~~the accounts. ~~Beginning~~As ~~2013,~~of ~~insurance~~June ~~coverage will revert to $250~~30,~~000~~ ~~per depositor at each financial institution~~2014, ~~and~~all ~~the Company’s~~ non-interest bearing ~~cash~~checking ~~balances~~accounts were ~~may~~FDIC ~~again~~insured ~~exceed~~to ~~federally~~a ~~insured~~limit ~~limits~~of $250,000. The Company did not have any interest-bearing accounts at ~~September~~June 30, ~~2013~~2014 ~~and~~or ~~2012~~December 31, 2013, respectively.

6Property. The Company’s property consists of land, the Building and building improvements, and is stated at cost. The straight-line method is used in computing depreciation over the estimated useful lives of the building and improvements of 10 to 40 years. Expenditures which significantly increase values or extend useful lives are capitalized. Expenditures for maintenance and repairs are charged to expense as incurred. Upon sale or retirement of property the cost and related accumulated depreciation are eliminated from the respective accounts and the resulting gain or loss is included in the current earnings.

Property. The Company’s properties consist of a building and land and are stated at cost. Generally, the straight-line method is used in computing depreciation over the estimated useful lives of 10 to 40 years. Expenditures which significantly increase values or extend useful lives are capitalized. Expenditures for maintenance and repairs are charged to expense as incurred.6 ~~Upon sale or retirement of property the cost and related accumulated depreciation are eliminated from the respective accounts and the resulting gain or loss is included in the current earnings.~~

The Company follows the provisions of FASB ASC Topic 360, Property, Plant and Equipment, which establishes accounting standards for the impairment of long-lived assets such as property and equipment. The Company reviews long-lived assets to be held-and-used for impairment whenever events or changes in circumstances indicate that the carrying amount of the assets may not be recoverable. If the sum of the undiscounted expected future cash flows over the remaining useful life of a long-lived asset group is less than its carrying amount, the asset is considered to be impaired. An impairment loss is recognized when management’s estimate of fair value, through outside consultation or internal assessment of value is less than its carrying amount. There were no impairment charges for the periods ended ~~September~~June 30, ~~2013~~2014 and ~~2012~~December 31, 2013 related to these long-lived assets.

Line of Credit. The Company ~~has~~ secured private financing of a $25,000 line of credit, to cover ~~administrative costs (~~legal~~). The~~ ~~line of credit was obtained to address cash flow timing differences as the Company works through the set-up of the new lease~~ and ~~continues~~administrative ~~to explore the potential for future transactions~~costs. The rate of interest associated with this line of credit is Prime Rate, as such rate is published from time to time. The line of credit ~~matures~~matured on ~~November~~May 8, ~~2013~~2014.

Income Taxes. Income taxes are accounted for using an asset and liability approach that requires the recognition of deferred tax assets and liabilities for the expected future tax consequences attributable to differences between financial statement carrying amounts of existing assets and liabilities and their respective tax bases. A valuation allowance is provided when it is more likely than not that some portion or the entire deferred tax asset will not be realized. A tax position is recognized as a benefit only if it is “more likely than not” that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50 percent of being realized on examination. For tax positions not meeting the “more likely than not” test, no tax benefit is recorded. The Company is no longer subject to examination by U.S. taxing authorities for years prior to ~~2008~~2010.

Sales Taxes. Amounts collected on behalf of governmental authorities for sales taxes and other similar taxes are reported on a net basis.

Revenue Recognition. The Company recognizes its rental revenues based on the terms on its signed lease with tenant on a straight-line basis.

Earnings Per Share. Basic earnings per share are determined by dividing net income by the weighted-average number of common shares outstanding. Diluted income per share is determined by dividing net income by the weighted average number of common shares outstanding increased by the number of common shares that would be issued assuming exercise of stock options. This also assumes that only options with an exercise price below the existing market price will be exercised. In computing net income per share, the Company uses the treasury stock method. ~~When a net loss occurs, potential common shares have an anti-dilutive effect on earnings per share and such shares are excluded from the diluted earnings per share calculation.~~

~~Note~~Subsequent 3-Events. ~~Recently~~Management ~~Issued~~has ~~Accounting~~evaluated subsequent ~~Pronouncements~~events through October 7, 2016, the date the financial statements were issued.

Note ~~The~~3 ~~Company’s~~– ~~management~~Recently ~~does~~Issued ~~not believe that any recent accounting pronouncements issued by the Financial~~ Accounting ~~Standards Board (“FASB”)(including its EITF), the AICPA or Securities and Exchange Commission has or will have a material impact on the Company’s present or future financial statements.~~ Pronouncements

7The Company’s management does not believe that any recent codified pronouncements by the Financial Accounting Standards Board (“FASB”) will have a material impact on the Company’s financial statements.

Note 4~~-Recent~~ ~~Developments~~– Going Concern

OnThe ~~September~~accompanying 6,financial statements ~~2013,~~and ~~the~~notes ~~Company~~have ~~executed~~been aprepared ~~new~~assuming ~~lease~~that ~~with respect to its sole asset,~~ the ~~Building,~~Company ~~with~~will ~~1st~~continue ~~Manatee Bank, a Florida state bank with headquarters in Manatee County. 1st Manatee Bank intends to use the building~~ as a ~~branch~~going ~~and has applied for branch approval with the FDIC and the OFR~~concern. ~~The initial three-year term of this lease will commence on the date such approval is obtained.~~

~~1st~~The ~~Manatee~~Company ~~Bank~~sold its significant operating asset and has had no operating activity subsequent to September 29, as2015. There are no assurances that the ~~mortgagee~~Company ~~with~~will be ~~respect~~able. toin the ~~Building~~next twelve months, ~~has~~to ~~extended~~either ~~the~~(1) ~~September~~consummate 10a business combination transaction with a privately-owned business seeking to become a public company and, ~~2013~~if successful in such consummation, ~~maturity~~achieve ~~date~~a level of ~~its~~revenues ~~mortgage~~adequate ~~loan~~ to ~~December~~generate ~~10,~~sufficient cash ~~2013~~flow from operations; or (2) otherwise obtain additional financing through either private placements, public offerings and/or bank ~~has~~financing ~~informed~~necessary to support the Company’s ~~that~~current itworking ~~will~~capital ~~enter~~requirements ~~into~~and to retire existing liabilities and obligations, if any, on a ~~multi-year~~timely ~~mortgage~~basis. To ~~note~~the ~~arrangement~~extent ~~with~~that ~~respect~~funds generated from any private placements, public offerings and/or bank financing are insufficient to support the ~~Building~~Company, ~~effective~~the onCompany ~~the~~will ~~date~~have ~~its~~to ~~branch~~raise ~~application~~additional isworking ~~approved~~capital. No assurance can be given that additional financing will be available, or if available, will be on terms acceptable to the Company.

~~On November 8, 2013, the original maturity date of the private line of credit was extended to May 8, 2014.~~7 ~~The outstanding principal balance of the line of credit on such date was $24,560.~~

~~Note~~If, 5-during ~~Financial~~the ~~Information~~next twelve months, a business combination is not consummated and no additional operating capital is received, the Company will be forced to rely on existing cash on hand and upon additional funds loaned by management and/or significant stockholders to preserve the integrity of the corporate entity. In the event, the Company is unable to acquire advances from management and/or significant stockholders, who have no legal obligation to provide any further funding, the Company may not continue its operations.

~~IMPORTANT~~Note ~~NOTICE~~5 – Subsequent Events

~~The~~On ~~financial~~September ~~statements~~29, at2015, the ~~and~~Company ~~for~~completed the ~~third~~sale ~~quarter~~of ~~ended~~the ~~September~~Building ~~30,~~and ~~2013~~land ~~have~~to ~~not~~the ~~been~~lessee ~~reviewed~~for bya ~~our~~total ~~independent~~sale ~~public~~price ~~accountant~~of $2,100,000. We ~~expect~~The toCompany ~~file~~recognized a angain ~~amendment~~on tothe ~~this~~sale ~~report~~of asapproximately ~~soon~~$1.0 asmillion. ~~economically~~At ~~feasible,~~the ~~which at that~~ time ~~would~~of ~~include~~the ~~reviewed~~sale, ~~financial~~the ~~statements. Accordingly,~~Company ~~while~~paid weoff dothe ~~not~~principal ~~expect~~balance ~~any~~of ~~material~~the ~~changes,~~mortgage note ~~our~~secured ~~amended~~by ~~third~~the ~~quarter~~property ~~financial~~and ~~statements~~accrued ~~could~~interest ~~contain~~totaling ~~adjustments~~approximately $1,432,000.

8In October 2015, the Board of Directors declared a dividend of $0.27 per share totaling approximately $490,000. The dividend was paid in November 2015.

~~This~~Effective ~~report~~March ~~contains~~21, ~~forward-looking statements regarding our business~~2016, we ~~financial~~issued ~~condition~~2,000,000 ~~results~~shares of ~~operations~~the ~~and~~Company’s ~~prospects.~~Common ~~Words such as “expects~~Stock,” ~~“anticipates,”~~$.01 ~~“intends,”~~par ~~“plans~~value,” ~~“believes,”~~to ~~“seeks,”~~each ~~“estimates”~~of ~~and~~four ~~similar~~existing ~~expressions~~shareholders orfor ~~variations~~the purchase price of ~~such~~$.01 ~~words~~per ~~are~~share. ~~intended~~The tototal ~~identify~~consideration ~~forward-looking~~received ~~statements,~~by ~~but are not~~ the ~~exclusive~~Company ~~means~~was of$20,000 ~~identifying forward-looking statements~~ in ~~this report~~cash.

~~Although~~This report contains forward-looking statements inregarding ~~this report reflect the good faith judgment of~~ our ~~management~~business, ~~such~~financial ~~statements~~condition, ~~can~~results ~~only~~of beoperations ~~based on facts~~ and ~~factors~~prospects. ~~currently~~Words ~~known~~such byas ~~us.~~“expects,” “anticipates,” ~~Consequently~~“intends,” ~~forward-looking~~“plans,” ~~statements~~“believes,” ~~are~~“seeks,” ~~inherently subject to risks~~ “estimates” and ~~uncertainties~~similar ~~and~~expressions ~~actual~~or ~~results~~variations ~~and~~of ~~outcomes~~such ~~may~~words ~~differ~~are ~~materially~~intended ~~from~~to ~~the~~identify ~~results and outcomes discussed in or anticipated by the~~ forward-looking statements~~. Except as required by federal securities laws~~, webut ~~undertake~~are nonot ~~obligation~~the toexclusive means ~~revise~~of oridentifying ~~update any~~ forward-looking statements in ~~order to reflect any event or circumstance that may arise after the date of~~ this report.

~~Item~~Although 2:forward-looking statements ~~Management's~~in ~~Discussion~~this ~~and~~report ~~Analysis~~reflect the good faith judgment of ~~Financial~~our ~~Condition~~management, such statements can only be based on facts and ~~Operations~~factors currently known by us. Consequently, forward-looking statements are inherently subject to risks and uncertainties and actual results and outcomes may differ materially from the results and outcomes discussed in or anticipated by the forward-looking statements. Except as required by federal securities laws, we undertake no obligation to revise or update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this report.

~~The~~Item ~~following~~2: ~~discussion~~Management’s ofDiscussion ~~our financial condition~~ and ~~results~~ Analysis of ~~operations~~Financial ~~should~~Condition ~~be read in conjunction with our financial statements~~ and ~~related notes included in this report~~Operations. This discussion includes forward-looking statements that involve risks and uncertainties. As a result of many factors, our actual results may differ materially from those anticipated in these forward-looking statements.

~~Overview~~The following discussion of our financial condition and results of operations should be read in conjunction with our financial statements and related notes included in this report. This discussion includes forward-looking statements that involve risks and uncertainties. As a result of many factors, our actual results may differ materially from those anticipated in these forward-looking statements.

~~Manasota Group, Inc~~Overview., f/k/a Horizon Bancorporation, Inc. (hereinafter, the "Company," "we" or the "Registrant"), was incorporated in the State of Florida on May 27, 1998, for the purpose of becoming a bank holding company owning all of the outstanding capital stock of Horizon Bank, a commercial bank chartered under the laws of Florida and a member of the Federal Reserve System (the "Bank"). The Bank opened for business on October 25, 1999.

AsThe ~~previously~~Registrant ~~reported,~~was ~~during~~incorporated in ~~October~~the ~~25,~~State ~~1999~~of ~~through~~Florida ~~September~~on 10May 27, ~~2010~~1998, for the ~~Company~~purpose ~~acted~~of asbecoming a ~~one-~~bank holding company ~~with~~owning ~~respect~~all toof the ~~Bank.~~outstanding Oncapital stock ~~September~~of ~~10,~~Horizon ~~2010~~Bank, ~~due~~a tocommercial ~~significant~~bank ~~losses~~chartered ~~incurred~~under by the ~~Bank~~laws ~~during~~of ~~2008-2010,~~Florida ~~the~~and ~~Florida~~a ~~Office~~member of ~~Financial Regulation (~~the ~~"OFR")~~Federal ~~declared~~Reserve System (the “Bank ~~to be "imminently insolvent~~”)." The Bank ~~was~~opened ~~closed,~~for ~~with~~business ~~the~~on ~~Federal~~October ~~Deposit Insurance Corporation (the "FDIC") being appointed as receiver therefor~~25, ~~and sold to Bank of the Ozarks~~1999.

~~Pursuant~~As topreviously ~~a settlement agreement with the FDIC and a three-year lease (the "Initial Building Lease")~~reported, during ~~both~~October ~~entered into July 11~~25, ~~2011,~~1999 ~~but~~through ~~effective~~ September 1110, 2010, ~~we have owned, maintained and held for rent~~ the ~~7,280~~Company ~~square~~acted ~~foot~~as ~~building,~~a ~~previously~~one-bank ~~occupied~~holding bycompany ~~the~~with ~~Bank~~respect ~~and leased~~ to ~~Bank of~~ the ~~Ozarks (i~~Bank.~~e.,~~ ~~the Building) for the last three years.~~ On September 610, ~~2013~~2010, wedue ~~entered~~to ~~into~~significant alosses ~~new~~incurred ~~three-year~~by ~~lease~~the ~~with~~Bank ~~1st~~during ~~Manatee~~2008-2010, ~~Bank (~~the ~~"New~~Florida ~~Lease").~~Office ~~1st~~of ~~Manatee~~Financial ~~Bank~~ Regulation (~~"1st~~the ~~Manatee"~~“OFR”) ~~intends~~declared ~~to operate a branch at~~ the ~~Building,~~Bank ~~its establishment of the branch being subject~~ to ~~approval~~be by“imminently ~~the FDIC and the OFR~~insolvent.” ~~1st~~The ~~Manatee~~Bank ~~filed~~was ~~an application for such approval on October 6~~closed, ~~2013,~~with ~~and action by regulatory agencies on~~ the ~~application~~Federal isDeposit Insurance ~~expected~~Corporation ~~not later than December 6, 2013. Under~~ (the ~~New~~“FDIC”) ~~Lease,~~being ~~the~~appointed ~~initial~~as ~~three-year~~receiver ~~term~~therefor, and ~~the~~sold ~~tenant's obligation~~ to ~~pay~~Bank ~~rent, will begin at the earlier~~ of ~~(i) December 6, 2013 or (ii)~~ the ~~date 1st Manatee begins conducting business at the Building, provided that 1st Manatee does not exercise its right to terminate the lease prior to December 6, 2013~~Ozarks.

AsPursuant ofto ~~September~~a ~~30,~~settlement agreement ~~2013,~~with the ~~Building~~FDIC ~~was~~and ~~subject~~a tothree-year anlease ~~approximately $1.5 million first lien mortgage in favor of 1st Manatee~~ (the "“Initial Building ~~Note"~~Lease”), ~~which~~both ~~matured~~entered oninto ~~September~~July 1011, ~~2013. Accordingly~~2011, ~~during~~but ~~the~~effective September ~~third~~11, ~~quarter of 2013~~2010, ~~our~~we ~~sole~~have ~~source~~owned, ofmaintained ~~income~~and ~~consisted~~held offor rent ~~under~~ the ~~Initial~~Building ~~Lease~~under ~~and~~a ~~our~~lease ~~net~~to ~~income~~Bank ~~consisted~~ of ~~an approximately $5,200 per month net margin between such revenue and~~ the ~~debt~~Ozarks ~~service~~for ~~with respect to~~ the ~~Building~~last ~~Note~~two years. AsOn of September 306, 2013, we ~~also~~entered ~~owed~~into ~~$40,000~~a tonew ~~certain~~three-year ~~current~~lease ~~and~~with ~~former~~1st ~~directors~~Manatee ~~for~~Bank ~~unsecured,~~(the ~~payable~~“New onLease”). 1st ~~demand,~~Manatee ~~advances~~Bank ~~made~~intended ~~by them~~ to ~~the~~operate ~~Company~~a inbranch ~~2010~~at (the ~~"Advances").~~Building, ~~The~~its ~~maturity~~establishment ~~date~~ of the ~~Building~~branch ~~Note~~being ~~was~~subject ~~extended~~ to ~~December~~approval by ~~10,~~the ~~2013.~~FDIC Inand ~~addition,~~the OFR. 1st Manatee ~~has~~filed ~~informed~~an usapplication ~~that~~for itregulatory ~~will~~approval ~~enter~~on ~~into~~October a6, ~~multi-year~~2013, ~~extension~~and ofreceived ~~the~~such approval ~~Building~~as ~~Note simultaneously with the commencement date~~ of ~~the~~December ~~initial~~6, ~~term~~2013. ofUnder the New Lease., ~~The~~the ~~monthly~~initial ~~rental~~three-year ~~income~~term, ~~under~~and the ~~New~~tenant’s ~~Lease~~obligation isto ~~expected~~pay torent, ~~continue~~began December to6, ~~exceed~~2013. ~~the~~1st ~~monthly~~Manatee ~~debt~~retroactively ~~service~~made ~~under~~its ~~the~~December ~~Building~~rent ~~Note~~payment asin ~~extended~~January 2014.

~~Management~~As isof ~~also~~June ~~considering~~30, ~~using~~2014, the Building ~~Company's~~was ~~status~~subject asto aan ~~fully~~approximately ~~reporting~~$1.463 ~~public~~million ~~company~~first tolien ~~engage~~mortgage in afavor ~~transaction~~of in1st ~~which~~Manatee a(the ~~carefully~~“Building ~~selected~~Note”). As ~~privately~~of ~~held~~June ~~operating~~30, ~~company~~2014, ~~would~~we ~~merge~~also ~~into~~owed ~~the Company~~$50,000 ~~i.e.~~to acertain ~~reverse~~current ~~merger.~~and Asformer adirectors ~~result~~for ofunsecured, ~~such~~payable aon ~~merger,~~demand ~~whether~~for oradvances made ~~not~~by ~~the~~them ~~Building~~to ~~had~~the Company in 2010 (the ~~meantime~~“Advances”). ~~been~~The ~~sold,~~monthly ~~voting~~rental ~~control~~income ofunder the ~~Company~~New ~~would~~Lease bedid ~~held~~exceed by the ~~shareholders~~monthly debt ofservice under the ~~operating~~Building ~~company.~~Note Weduring ~~intend~~this tothree-month ~~take~~period, ~~all~~as ~~other~~well ~~commercially~~as ~~reasonable~~through ~~steps necessary to give~~ the ~~Company~~rest ~~the~~of ~~best~~2014 ~~opportunity~~and tothrough ~~act~~September 2015, aswhen athe ~~viable~~Building ~~merger~~was ~~candidate~~sold.

~~While~~Subsequent weto ~~believe~~June ~~that the intended multi-year renewal of the Building Note and the effectiveness of the New Lease have a very high likelihood of occurring in the next several weeks~~30, 2014, as of the ~~filing~~ date of this Report, ~~there is no complete assurance that on December 6, 2013, we will begin to receive rent under~~ the ~~New~~following ~~Lease~~events and that and the Building will remain subject to a mortgage with a maturity date sufficiently in the future. There is also no assurance that we will be able to find the private operating company whose business has sufficient upside potential and where the terms and conditions of a merger with such company are inhereby ~~the best interests of our shareholders.~~ reported:

~~Results~~• The Building was sold in September 2015. Using the approximately $538,000 in net proceeds from the sale of ~~Operations~~the Building, we (a) declared and paid, on November 2, 2015, a cash dividend of $0.27 per share of Common Stock for a total of approximately $490,000 and (b) repaid the Advances and all other outstanding accounts payable. As a result, we began fiscal year 2016 with approximately $47,000 in cash.

~~Overall~~• ~~Net~~Effective ~~Income~~March 21, 2016, we sold 2,000,000 shares of Common Stock to three members of our Board of Directors (Charles S. Conoley, M. Shannon Glasgow and Barclay Kirkland, D.D.S.) and Daniel D. Dinur, for the purchase price of $.01 per share in a private placement. We intend to use the proceeds from such sale, as well as any remaining proceeds from the sale of the Building, to defray the costs of restoring the Company’s compliance with the reporting requirements under the Exchange Act.

~~The~~In ~~Company~~the ~~reported~~wake aof ~~net~~the ~~loss~~Company’s sale of ~~$63,330~~the ~~for~~Building and the ~~nine~~subsequent ~~months~~distribution ~~ended~~of ~~September~~the ~~30,~~special ~~2013~~dividend, ~~compared~~management began to ~~net~~consider ~~income~~the future of ~~$22,938~~the ~~for~~Company as ~~the~~a ~~nine~~viable ~~months~~entity. ~~ended~~In ~~September~~early 30March 2016, ~~2012. This~~management ~~difference~~decided ~~was~~that ~~attributable~~it towould anot ~~decrease~~be in the best interest of ~~$10,000~~the inCompany ~~rent~~and ~~payments~~its asshareholders to cease all operations and allow the ~~lease~~Company to ~~Bank~~become ofdefunct, similar to the ~~Ozarks~~overwhelming ~~expired~~majority ~~during~~of the ~~period. The~~other ~~Company~~community ~~also~~bank holding ~~experienced~~companies ~~increased~~which ~~expenses~~lost ~~for~~their ~~professional~~bank ~~fees~~subsidiaries ofin ~~approximately~~the ~~$75~~Great Recession. Instead,~~000~~ asthe conclusion was reached that the Company could ~~worked~~serve ~~toward~~as ~~restoring~~the ~~its~~surviving ~~status~~entity asin a ~~fully~~merger ~~reporting~~or ~~public~~other combination with an operating company~~. Basic~~, ~~and~~the ~~diluted~~management ~~losses~~of ~~per~~which ~~share~~was ~~were~~desirous of ~~$0.04~~attaining public company status for the ~~nine~~operating ~~months~~company. ~~ended~~Such ~~September~~combination 30with the right operating company would, ~~2013.~~management believed, ~~Basic~~give ~~and~~our ~~diluted~~shareholders ~~gains~~a ~~per~~chance ~~share~~to ~~for~~recover at least some portion of their original investment in the ~~nine~~Company ~~months~~by ~~ended~~participating in ~~September~~the ~~30,~~future ~~2012~~financial ~~were~~results $0of the chosen operating company.~~01.~~

~~The~~Because ~~Company~~any ~~reported~~such aoperating company ~~net~~would ~~loss~~by ofdefinition ~~$35~~require that,~~315~~ ~~for~~at the ~~three~~time ~~months~~of ~~ended~~the ~~September 30~~merger, ~~2013~~the Company is a fully-reporting public company, ~~compared~~management resolved to aundertake ~~net~~the ~~gain~~effort and the expense of ~~$8,383~~restoring ~~for~~the Company’s compliance with its reporting obligations under the ~~three~~Exchange ~~months~~Act. ~~ended~~In ~~September~~the 30absence of cash on hand or borrowing capacity to defray the cost of such restoration, ~~2012. As~~the ~~stated~~Board ~~above~~of ~~this~~Directors inquired ~~difference~~whether ~~was~~any ~~attributable~~of its members would be willing to atake ~~decrease~~the risk of investing in ~~rental~~the ~~income~~Company cash sufficient to effect such restoration and ~~increased~~to ~~professional~~keep ~~fees~~the ~~for~~Company compliant through fiscal 2016, there being no assurance that the ~~period.~~Company ~~Basic~~would ~~and~~be ~~diluted~~able to ~~losses~~find ~~per~~the ~~share~~right ~~were~~operating $0company and complete a merger during 2016.02 ~~for~~Three of the ~~three~~members ~~months~~of ~~ended~~the ~~September~~Board 30of Directors, ~~2013. Basic~~ and ~~diluted~~Daniel ~~gains~~D. Dinur, the Company’s outside corporate counsel, did then, in March 2016, invest $20,000 in the Company by purchasing shares of Common Stock at a purchase per share ~~for~~which exceeded the ~~three~~then ~~months~~trading ~~ended~~price ~~September~~of ~~30,~~such ~~2012~~stock ~~were~~by $0over 200%.01 Mr. Conoley also agreed to continue to serve as our President and CEO without compensation through the end of 2016.

~~Total~~As ~~Assets~~of the date of this Report, management is continuing in its efforts to identify a potential merger partner whose prospects for growth and other attributes would give our shareholders the optimal chance for recovering, over time, some portion of their original investment in the Company. There is no assurance that we will identify the appropriate operating company, negotiate a fair merger deal and consummate the transaction in the near future.

AsResults of ~~September 30, 2013, total assets of the Company were $1,159,490 compared to $1,207,708 at December 31, 2012, a decrease of $48,218~~Operations. ~~This decrease is primarily due to repayments on note principal and decreased rental revenues.~~

Overall ~~Liquidity~~Net ~~& Capital Resources~~Income.

As of September 30, 2013, we had a working capital deficiency (total current liabilities — which included $1,470,101 of the principal of the Building Note, $40,000 of related party advances and a line of credit of $15,110 — in excess of total current assets) of9 ~~$1,521,050. We realized a net loss of $63,330 for the nine months ended September 30, 2013, compared to net income of $22,938 for the nine months ended September 30, 2012.~~

~~Assuming~~The ~~that~~Company ~~both~~reported ~~the~~net income ~~New~~of ~~Lease~~$17,112 ~~and~~for athe ~~multi-year~~six ~~extension~~months ofended ~~the~~June ~~Building~~30, ~~Note~~2014, ~~occur~~compared onto ora ~~before~~net ~~December~~loss 6,of ~~2013~~$28,014 ~~and~~for asthe ~~long~~six asmonths ~~the~~ended ~~repayment~~June of30, 2013. ~~all~~During of the ~~Advances~~six ~~are~~months ~~not~~ended ~~being~~June ~~demanded~~30, at2014 ~~once by~~ the ~~obligees,~~Company wereported ~~expect~~decreases toin ~~have~~legal anexpense ~~approximately~~of $214,~~300~~919; ~~monthly~~accounting expenses ~~positive~~of ~~spread~~$25,950 ~~between~~and ~~the~~other ~~rental~~professional ~~income~~fees ~~from~~of ~~the~~$9,618. ~~New~~These ~~Lease~~decreases ~~and~~were ~~the~~offset ~~debt~~by ~~service~~a ~~under~~decrease ~~the~~of ~~Building~~$12,656 ~~Note~~in rental income. ~~Unless~~ weThe ~~sell~~aforementioned ~~the~~increases ~~Building~~and atdecreases were primarily responsible for the ~~expected~~approximately ~~net~~$45,000 ~~gain~~of ~~and~~decrease ~~pay~~in results ~~off~~for the ~~Building~~period. ~~Note,~~Basic ~~any~~and ~~increase~~diluted inlosses ~~operating~~per ~~expenses~~share ~~such~~were ~~that~~$0.01 ~~they~~for ~~exceed~~the ~~such~~six ~~spread~~months ~~would~~ended ~~require~~June ~~that~~30, we2014. ~~obtain~~Basic ~~additional~~and diluted ~~liquidity,~~earnings ~~which~~per ~~may~~share ~~not~~for bethe ~~available~~six onmonths ~~terms~~ended ~~acceptable~~June to30, us2013 were ($0.02).

10The Company reported net income of $6,475 for the three months ended June 30, 2014, compared to a net loss of $34,137 for the three months ended June 30, 2013 During the three months ended June 30, 2014, the Company reported decreases in legal expense of $16,040; accounting expenses of $20,000 and other professional fees of $9,618. These decreases offset by decreased rental resulted in an increase of approximately $41,000 in results for the period. Basic and diluted losses per share for the three months ended June 30, 2014 were negligible. Basic and diluted earnings per share were ($0.02) for the three months ended June 30, 2013.

~~Item~~Total 3Assets. ~~Quantitative and Qualitative Disclosure About Market Risk.~~

~~Not~~As ~~applicable~~of June 30, 2014, total assets of the Company were $1,516,298 compared to $1,536,650 at December 31, 2013, a decrease of $20,307.

~~Item~~Liquidity ~~4. Controls~~& ~~and~~Capital ~~Procedures.~~Resources

~~Evaluation~~As of ~~Disclosure~~June ~~Controls~~30, ~~and~~2014, ~~Procedures~~we had a working capital deficiency (total current liabilities -- which included $1,463,440 of the principal of the Building Note -- in excess of total current assets) of $1,525,741. We realized net income of $17,112 for the six months ended June 30, 2014, compared to a net loss of $28,014 for the six months ended June 30, 2013.

WeItem maintain disclosure controls and procedures that are designed to ensure that material information required to be disclosed in our periodic reports filed under the Exchange Act is recorded, processed, summarized, and reported within the time periods specified in the SEC’s rules and forms and to ensure that such information is accumulated and communicated to our management, including our Chief Executive Officer and Chief Financial Officer (Principal Financial Officer) as appropriate, to allow timely decisions regarding required disclosure3. ~~Within~~ ~~the~~Quantitative ~~90 days preceding the filing of this Report, we carried out an evaluation, under the supervision~~ and ~~with~~Qualitative ~~the~~Disclosure ~~participation~~About ofMarket our management, including the Principal Executive Officer and the Acting Chief Financial Officer (Principal Financial Officer), of the effectiveness of the design and operation of our disclosure controls and procedures, as defined in Rule 13(a)-15(e) under the Exchange ActRisk. Based on this evaluation, because of lack of segregation of duties attributable to limited resources and limited number of employees, management concluded that our disclosure controls and procedures were ineffective as of September 30, 2013.

~~Limitations~~Not ~~on Effectiveness of Controls and Procedures~~applicable.

~~Our~~Item management, including our Principal Executive Officer and Principal Financial Officer, does not expect that our disclosure controls and procedures or our internal controls will prevent all errors and all fraud4. AControls ~~control system, no matter how well conceived~~ and ~~operated, can provide only reasonable, not absolute, assurance that the objectives of the control system are met~~Procedures. Further, the design of a control system must reflect the fact that there are resource constraints and the benefits of controls must be considered relative to their costs. Because of the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues and instances of fraud, if any, within the Company have been detected. These inherent limitations include, but are not limited to, the realities that judgments in decision-making can be faulty and that breakdowns can occur because of simple error or mistake. Additionally, controls can be circumvented by the individual acts of some persons, by collusion of two or more people, or by management override of the control. The design of any system of controls also is based in part upon certain assumptions about the likelihood of future events and there can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions.

~~Over~~Evaluation ~~time, controls may become inadequate because~~ of ~~changes~~Disclosure inControls conditions, or the degree of compliance with the policies or procedures may deteriorate. Because of the inherent limitations in a cost-effective control system, misstatements due to error or fraud may occur and ~~not be detected~~ Procedures.

~~Changes~~We maintain disclosure controls and procedures that are designed to ensure that material information required to be disclosed in ~~Internal~~our ~~Controls~~periodic reports filed under the Exchange Act is recorded, processed, summarized, and reported within the time periods specified in the SEC’s rules and forms and to ensure that such information is accumulated and communicated to our management, including our Chief Executive Officer and Chief Financial Officer (Principal Financial Officer) as appropriate, to allow timely decisions regarding required disclosure. Within the 90 days preceding the filing of this Report, we carried out an evaluation, under the supervision and with the participation of our management, including the Principal Executive Officer and the Acting Chief Financial Officer (Principal Financial Officer), of the effectiveness of the design and operation of our disclosure controls and procedures, as defined in Rule 13(a)-15(e) under the Exchange Act. Based on this evaluation, because of lack of segregation of duties attributable to limited resources and limited number of employees, management concluded that our disclosure controls and procedures were ineffective as of June 30, 2014.

~~There~~Limitations ~~have~~on ~~been~~Effectiveness ~~no changes in the Company’s internal control over financial reporting during the third quarter~~ of ~~2013~~Controls ~~that~~and ~~have materially affected or are reasonably likely to materially affect the Company’s internal control over financial reporting~~Procedures.

11Our management, including our Principal Executive Officer and Principal Financial Officer, does not expect that our disclosure controls and procedures or our internal controls will prevent all errors and all fraud. A control system, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of the control system are met. Further, the design of a control system must reflect the fact that there are resource constraints and the benefits of controls must be considered relative to their costs. Because of the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues and instances of fraud, if any, within the Company have been detected. These inherent limitations include, but are not limited to, the realities that judgments in decision-making can be faulty and that breakdowns can occur because of simple error or mistake. Additionally, controls can be circumvented by the individual acts of some persons, by collusion of two or more people, or by management override of the control. The design of any system of controls also is based in part upon certain assumptions about the likelihood of future events and there can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions.

~~Part II. Other Information~~10

~~Item~~Over time, 1controls may become inadequate because of changes in conditions, or the degree of compliance with the policies or procedures may deteriorate. ~~Legal~~ ~~Proceedings~~Because of the inherent limitations in a cost-effective control system, misstatements due to error or fraud may occur and not be detected.

~~There~~Changes ~~have~~in ~~been~~Internal ~~no material changes to the pending legal proceedings to which the Company or the Bank is a party since the filing of the Registrant’s Form 10-K for the year ended December 31, 2012~~Controls.

~~Item~~There ~~1A. Risk~~have ~~Factors~~been no changes in the Company’s internal control over financial reporting during the second quarter of 2014 that have materially affected or are reasonably likely to materially affect the Company’s internal control over financial reporting.

~~Not applicable~~Part II. Other Information

Item 21. ~~Unregistered~~ ~~Sales~~Legal ~~of Equity Securities and Use of Proceeds~~Proceedings.

~~None~~There have been no material changes to the pending legal proceedings to which the Company or the Bank is a party since the filing of the Registrant’s Form 10-K for the year ended December 31, 2013.

Item 31A. ~~Defaults~~ ~~Upon~~Risk ~~Senior Securities~~Factors.

Not ~~None~~applicable.

Item 42. ~~Mine~~ ~~Safety~~Unregistered ~~Disclosure~~Sales of Equity Securities and Use of Proceeds.

~~Not Applicable~~None.

Item 53. ~~Other~~ ~~Information~~Defaults Upon Senior Securities.

None.

Item 64. ~~Exhibits~~ Mine Safety Disclosure.

31.1	Certification of Chief Executive Officer
31.2	Certification of Acting Chief Financial Officer
32.1	Certification of Chief Executive Officer Pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
32.2	Certification of the Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

Not Applicable

12Item 5. Other Information.

~~Signatures~~None.

~~Pursuant~~Item to6. ~~the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized~~Exhibits.

	/s/ Charles S. Conoley
31.1	Certification of Chief Executive Officer
	Charles S. Conoley
31.2	Certification of Acting Chief Financial Officer
	President and Chief Executive Officer
32.1	Certification of Chief Executive Officer Pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
	(Principal Executive Officer)
32.2	Certification of the Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
	/s/ Kathleen M. Jepson
	Kathleen M. Jepson
	Acting Chief Financial Officer
	(Principal Financial and Accounting Officer)
Date: November 15, 2013

1311

Signatures

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

	/s/ Charles S. Conoley
	Charles S. Conoley
	President and Chief Executive Officer
	(Principal Executive Officer)

	/s/ Kathleen M. Jepson
	Kathleen M. Jepson
	Acting Chief Financial Officer
	(Principal Financial and Accounting Officer)

Date: October 7, 2016

Filing Compare · Manasota Group, Inc.