Note 2: Restatements

3 Months Ended

Jan. 31, 2019

Note 2: RESTATEMENTS

Restatement for the quarter ended January 31, 2019 and the year ended October 31, 2018

In preparation of current period financial statements, the Company discovered as of November 13, 2018, the IRS assessed a penalty on the Company in the amount of $10,740 and $10,362 for failing to timely Form 5472. The correction of this issue includes recording this amount to Accounts Payable.

A summary of the changes to the financial statements originally reported is as follows:

January 31, 2019

	Originally
	Reported			Adjustment			Restated

LIABILITIES AND STOCKHOLDERS’ EQUITY
Accounts Payable		17,615			10,362			27,977
Total Liabilities		22,795			10,362			33,157
Additional paid-in capital		–			–			–
Subscription receivables		–			–			–
Accumulated deficit		(48,264	)		(10,362	)		(58,625	)
Total Stockholders' Deficit		(19,998	)		(10,362	)		(30,349)

______________________

A summary of the changes to the financial statements originally reported is as follows:

October 31, 2018

	Originally
	Reported			Adjustment			Restated

LIABILITIES AND STOCKHOLDERS’ EQUITY
Accounts Payable		6,500			10,740			17,240
Total Liabilities		8,180			10,740			18,920
Additional paid-in capital		–			–			–
Subscription receivables		–			–			–
Accumulated deficit		(31,657	)		(10,740	)		(42,397	)
Total Stockholders' Deficit		(3,381	)		(10,740	)		(14,121)

______________________

FUTURE INTERNATIONAL GROUP CORP. 10-Q/A