during the year ended september 30 , 2015 , the company had the following issuances : ( a ) 68,300 units for total proceeds of $ 20,490 . each unit consisted of one common share and one-half of one share purchase warrant . each whole share purchase warrant is exercisable at $ 0.60 per common share until the one year anniversary of the first day that the common stock is traded on the otcqb marketplace . ( b ) 9 units for total proceeds of $ 27,000 . each unit consisted of 10,000 common shares and 5,000 share purchase warrants . each share purchase warrant is exercisable at $ 0.60 per common share until the one year anniversary of the first day that the common stock is traded on the otcqb marketplace . ( c ) 544,200 shares of common stock for services valued in total at $ 163,260 . ( d ) 50,000 units for services valued in total at $ 15,000 . each unit consisted of one common share and one-half of one share purchase warrant . each whole share purchase warrant is exercisable at $ 0.60 per common share until the one year anniversary of the first day that the common stock is traded on the otcqb marketplace . f- 10 effective january 30 , 2015 , the company amended the subscription agreements pursuant to which the company had issued 1,095,050 shares of common stock from inception to december 31 , 2014 for gross proceeds of $ 328,515 . pursuant to the amended subscription agreements , the company granted the investors an additional 5 % of the total amount of common shares each shareholder purchased . the aggregate amount of additional shares issued was 54,752 shares with a total value of $ 16,426 , which was recorded as stock-based compensation during the period . during the year ended september 30 , 2015 , the company received $ 22,005 of the subscriptions receivable at september 30 , 2014. during the year ended september 30 , 2016 , the company had the following issuances : ( a ) during september 30 , 2016 , the company issued 422,500 shares of common stock for services valued at 0.30 per common share for a total expense of $ 126,750 . of the 422,500 shares issued 22,500 common shares have not yet been issued by the transfer agent ; however , the company has accounted for these as issued and outstanding as of september 30 , 2016 . ( b ) in november 2015 , the company issued an aggregate of 15 units for total proceeds of $ 45,000 . each unit consisted of 10,000 common shares and 5,000 share purchase warrants . each whole share purchase warrant is exercisable at $ 0.60 per common share until the one-year anniversary of the first day that the common stock is traded on the otcqb marketplace . 6. share purchase warrants each selling shareholder has a warrant to purchase up to 50 % of the shares owned with an exercise price of $ 0.60 per shares with the warrant termination on the one year anniversary of the first day that the common stock is traded on the otcqb marketplace . a summary of the changes in the company 's common share purchase warrants is presented below : replace_table_token_10_th as at september 30 , 2016 , the following common share purchase warrants were outstanding and exercisable : number of warrants exercise price expiry date 692,525 $ 0.60 one year from the first day that the common stock is traded on the otcqb marketplace f- 11 7. income taxes the company has net operating losses carried forward of $ 391,794 available to offset taxable income in future years which expire beginning in fiscal 2035. the company is subject to united states federal and state income taxes at an approximate rate of 35 % . the tax years open for internal revenue service review are fiscal years ended september 30 , 2015 and 2016. the reconciliation of the provision for income taxes at the united states federal statutory rate compared to the company 's income tax expense as reported is as follows : 2016 2015 $ $ income tax recovery at statutory rate ( 46,502 ) ( 81,433 ) valuation allowance change 46,502 81,433 provision for income taxes - - the significant components of deferred income tax assets and liabilities at september 20 , 2016 and september 30 , 2015 : replace_table_token_11_th 8. subsequent event subsequent to september 30 , 2016 , the company issued 300,000 common shares for services . f- 12 story_separator_special_tag forward-looking statements the following is management 's discussion and analysis of the consolidated financial condition and results of operations of iho-agro international , inc. for the fiscal years ended september 30 , 2016 and 2015.the following should be read in conjunction with the audited consolidated financial statements for the period ending september 30 , 2016 and notes thereto appearing elsewhere in the form 10-k. plan of operation during the next 12 months , we plan to be profitable . profitability will be accomplished by the following : increase in revenue as a result of increased sales and distribution partners , increased advertising and marketing across all media areas , increased product certification and registration in targeted countries , states and jurisdictions around the world . we also plan to tightly monitor all expenses , decrease expenses where applicable and review and adhere to business budgets on a monthly basis . based on the above we anticipate operating margins will increase . there can be no assurance that these assumptions will be correct . if these assumptions prove incorrect , it will affect our ability to generate revenue and to continue our operations . 7 we have commenced limited operations and will require additional capital to recruit personnel to operate the business and to implement our business plan . over the next 12 months , our business will be generated through increased sales and story_separator_special_tag during the year ended september 30 , 2015 , the company had the following issuances : ( a ) 68,300 units for total proceeds of $ 20,490 . each unit consisted of one common share and one-half of one share purchase warrant . each whole share purchase warrant is exercisable at $ 0.60 per common share until the one year anniversary of the first day that the common stock is traded on the otcqb marketplace . ( b ) 9 units for total proceeds of $ 27,000 . each unit consisted of 10,000 common shares and 5,000 share purchase warrants . each share purchase warrant is exercisable at $ 0.60 per common share until the one year anniversary of the first day that the common stock is traded on the otcqb marketplace . ( c ) 544,200 shares of common stock for services valued in total at $ 163,260 . ( d ) 50,000 units for services valued in total at $ 15,000 . each unit consisted of one common share and one-half of one share purchase warrant . each whole share purchase warrant is exercisable at $ 0.60 per common share until the one year anniversary of the first day that the common stock is traded on the otcqb marketplace . f- 10 effective january 30 , 2015 , the company amended the subscription agreements pursuant to which the company had issued 1,095,050 shares of common stock from inception to december 31 , 2014 for gross proceeds of $ 328,515 . pursuant to the amended subscription agreements , the company granted the investors an additional 5 % of the total amount of common shares each shareholder purchased . the aggregate amount of additional shares issued was 54,752 shares with a total value of $ 16,426 , which was recorded as stock-based compensation during the period . during the year ended september 30 , 2015 , the company received $ 22,005 of the subscriptions receivable at september 30 , 2014. during the year ended september 30 , 2016 , the company had the following issuances : ( a ) during september 30 , 2016 , the company issued 422,500 shares of common stock for services valued at 0.30 per common share for a total expense of $ 126,750 . of the 422,500 shares issued 22,500 common shares have not yet been issued by the transfer agent ; however , the company has accounted for these as issued and outstanding as of september 30 , 2016 . ( b ) in november 2015 , the company issued an aggregate of 15 units for total proceeds of $ 45,000 . each unit consisted of 10,000 common shares and 5,000 share purchase warrants . each whole share purchase warrant is exercisable at $ 0.60 per common share until the one-year anniversary of the first day that the common stock is traded on the otcqb marketplace . 6. share purchase warrants each selling shareholder has a warrant to purchase up to 50 % of the shares owned with an exercise price of $ 0.60 per shares with the warrant termination on the one year anniversary of the first day that the common stock is traded on the otcqb marketplace . a summary of the changes in the company 's common share purchase warrants is presented below : replace_table_token_10_th as at september 30 , 2016 , the following common share purchase warrants were outstanding and exercisable : number of warrants exercise price expiry date 692,525 $ 0.60 one year from the first day that the common stock is traded on the otcqb marketplace f- 11 7. income taxes the company has net operating losses carried forward of $ 391,794 available to offset taxable income in future years which expire beginning in fiscal 2035. the company is subject to united states federal and state income taxes at an approximate rate of 35 % . the tax years open for internal revenue service review are fiscal years ended september 30 , 2015 and 2016. the reconciliation of the provision for income taxes at the united states federal statutory rate compared to the company 's income tax expense as reported is as follows : 2016 2015 $ $ income tax recovery at statutory rate ( 46,502 ) ( 81,433 ) valuation allowance change 46,502 81,433 provision for income taxes - - the significant components of deferred income tax assets and liabilities at september 20 , 2016 and september 30 , 2015 : replace_table_token_11_th 8. subsequent event subsequent to september 30 , 2016 , the company issued 300,000 common shares for services . f- 12 story_separator_special_tag forward-looking statements the following is management 's discussion and analysis of the consolidated financial condition and results of operations of iho-agro international , inc. for the fiscal years ended september 30 , 2016 and 2015.the following should be read in conjunction with the audited consolidated financial statements for the period ending september 30 , 2016 and notes thereto appearing elsewhere in the form 10-k. plan of operation during the next 12 months , we plan to be profitable . profitability will be accomplished by the following : increase in revenue as a result of increased sales and distribution partners , increased advertising and marketing across all media areas , increased product certification and registration in targeted countries , states and jurisdictions around the world . we also plan to tightly monitor all expenses , decrease expenses where applicable and review and adhere to business budgets on a monthly basis . based on the above we anticipate operating margins will increase . there can be no assurance that these assumptions will be correct . if these assumptions prove incorrect , it will affect our ability to generate revenue and to continue our operations . 7 we have commenced limited operations and will require additional capital to recruit personnel to operate the business and to implement our business plan . over the next 12 months , our business will be generated through increased sales and

liquidity and capital resources our financial condition as of september 30 , 2016 and 2015 is summarized as follows : working capital deficit : replace_table_token_1_th cash flows : replace_table_token_2_th 8 we had working capital of $ 4,960 and an accumulated deficit of $ 719,186 at september 30 , 2016. we have generated minimal revenue since inception and losses are anticipated in the development of our business . these factors indicate substantial doubt as to our ability to continue as a going concern . significant accounting policies and new pronouncements the following is the most significant accounting policies that has a substantive impact on the underlying discussions and analysis : revenue recognition the company 's revenue is derived from sales of fertilizer product . the company recognizes revenue when all of the following conditions are satisfied : ( i ) there is persuasive evidence of an arrangement ; ( ii ) the service or product has been provided to the customer and no uncertainties exist surrounding product acceptance ; ( iii ) the amount of fees to be paid by the customer is fixed or determinable ; and ( iv ) the collection of fees is reasonably assured . areas of judgment and subjectivity in the company 's revenue recognition includeprincipal versus agent considerations for the sale of fertilizer products .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```liquidity and capital resources our financial condition as of september 30 , 2016 and 2015 is summarized as follows : working capital deficit : replace_table_token_1_th cash flows : replace_table_token_2_th 8 we had working capital of $ 4,960 and an accumulated deficit of $ 719,186 at september 30 , 2016. we have generated minimal revenue since inception and losses are anticipated in the development of our business . these factors indicate substantial doubt as to our ability to continue as a going concern . significant accounting policies and new pronouncements the following is the most significant accounting policies that has a substantive impact on the underlying discussions and analysis : revenue recognition the company 's revenue is derived from sales of fertilizer product . the company recognizes revenue when all of the following conditions are satisfied : ( i ) there is persuasive evidence of an arrangement ; ( ii ) the service or product has been provided to the customer and no uncertainties exist surrounding product acceptance ; ( iii ) the amount of fees to be paid by the customer is fixed or determinable ; and ( iv ) the collection of fees is reasonably assured . areas of judgment and subjectivity in the company 's revenue recognition includeprincipal versus agent considerations for the sale of fertilizer products .
```    
 Suspicious Activity Report : during the year ended september 30 , 2015 , the company had the following issuances : ( a ) 68,300 units for total proceeds of $ 20,490 . each unit consisted of one common share and one-half of one share purchase warrant . each whole share purchase warrant is exercisable at $ 0.60 per common share until the one year anniversary of the first day that the common stock is traded on the otcqb marketplace . ( b ) 9 units for total proceeds of $ 27,000 . each unit consisted of 10,000 common shares and 5,000 share purchase warrants . each share purchase warrant is exercisable at $ 0.60 per common share until the one year anniversary of the first day that the common stock is traded on the otcqb marketplace . ( c ) 544,200 shares of common stock for services valued in total at $ 163,260 . ( d ) 50,000 units for services valued in total at $ 15,000 . each unit consisted of one common share and one-half of one share purchase warrant . each whole share purchase warrant is exercisable at $ 0.60 per common share until the one year anniversary of the first day that the common stock is traded on the otcqb marketplace . f- 10 effective january 30 , 2015 , the company amended the subscription agreements pursuant to which the company had issued 1,095,050 shares of common stock from inception to december 31 , 2014 for gross proceeds of $ 328,515 . pursuant to the amended subscription agreements , the company granted the investors an additional 5 % of the total amount of common shares each shareholder purchased . the aggregate amount of additional shares issued was 54,752 shares with a total value of $ 16,426 , which was recorded as stock-based compensation during the period . during the year ended september 30 , 2015 , the company received $ 22,005 of the subscriptions receivable at september 30 , 2014. during the year ended september 30 , 2016 , the company had the following issuances : ( a ) during september 30 , 2016 , the company issued 422,500 shares of common stock for services valued at 0.30 per common share for a total expense of $ 126,750 . of the 422,500 shares issued 22,500 common shares have not yet been issued by the transfer agent ; however , the company has accounted for these as issued and outstanding as of september 30 , 2016 . ( b ) in november 2015 , the company issued an aggregate of 15 units for total proceeds of $ 45,000 . each unit consisted of 10,000 common shares and 5,000 share purchase warrants . each whole share purchase warrant is exercisable at $ 0.60 per common share until the one-year anniversary of the first day that the common stock is traded on the otcqb marketplace . 6. share purchase warrants each selling shareholder has a warrant to purchase up to 50 % of the shares owned with an exercise price of $ 0.60 per shares with the warrant termination on the one year anniversary of the first day that the common stock is traded on the otcqb marketplace . a summary of the changes in the company 's common share purchase warrants is presented below : replace_table_token_10_th as at september 30 , 2016 , the following common share purchase warrants were outstanding and exercisable : number of warrants exercise price expiry date 692,525 $ 0.60 one year from the first day that the common stock is traded on the otcqb marketplace f- 11 7. income taxes the company has net operating losses carried forward of $ 391,794 available to offset taxable income in future years which expire beginning in fiscal 2035. the company is subject to united states federal and state income taxes at an approximate rate of 35 % . the tax years open for internal revenue service review are fiscal years ended september 30 , 2015 and 2016. the reconciliation of the provision for income taxes at the united states federal statutory rate compared to the company 's income tax expense as reported is as follows : 2016 2015 $ $ income tax recovery at statutory rate ( 46,502 ) ( 81,433 ) valuation allowance change 46,502 81,433 provision for income taxes - - the significant components of deferred income tax assets and liabilities at september 20 , 2016 and september 30 , 2015 : replace_table_token_11_th 8. subsequent event subsequent to september 30 , 2016 , the company issued 300,000 common shares for services . f- 12 story_separator_special_tag forward-looking statements the following is management 's discussion and analysis of the consolidated financial condition and results of operations of iho-agro international , inc. for the fiscal years ended september 30 , 2016 and 2015.the following should be read in conjunction with the audited consolidated financial statements for the period ending september 30 , 2016 and notes thereto appearing elsewhere in the form 10-k. plan of operation during the next 12 months , we plan to be profitable . profitability will be accomplished by the following : increase in revenue as a result of increased sales and distribution partners , increased advertising and marketing across all media areas , increased product certification and registration in targeted countries , states and jurisdictions around the world . we also plan to tightly monitor all expenses , decrease expenses where applicable and review and adhere to business budgets on a monthly basis . based on the above we anticipate operating margins will increase . there can be no assurance that these assumptions will be correct . if these assumptions prove incorrect , it will affect our ability to generate revenue and to continue our operations . 7 we have commenced limited operations and will require additional capital to recruit personnel to operate the business and to implement our business plan . over the next 12 months , our business will be generated through increased sales and story_separator_special_tag during the year ended september 30 , 2015 , the company had the following issuances : ( a ) 68,300 units for total proceeds of $ 20,490 . each unit consisted of one common share and one-half of one share purchase warrant . each whole share purchase warrant is exercisable at $ 0.60 per common share until the one year anniversary of the first day that the common stock is traded on the otcqb marketplace . ( b ) 9 units for total proceeds of $ 27,000 . each unit consisted of 10,000 common shares and 5,000 share purchase warrants . each share purchase warrant is exercisable at $ 0.60 per common share until the one year anniversary of the first day that the common stock is traded on the otcqb marketplace . ( c ) 544,200 shares of common stock for services valued in total at $ 163,260 . ( d ) 50,000 units for services valued in total at $ 15,000 . each unit consisted of one common share and one-half of one share purchase warrant . each whole share purchase warrant is exercisable at $ 0.60 per common share until the one year anniversary of the first day that the common stock is traded on the otcqb marketplace . f- 10 effective january 30 , 2015 , the company amended the subscription agreements pursuant to which the company had issued 1,095,050 shares of common stock from inception to december 31 , 2014 for gross proceeds of $ 328,515 . pursuant to the amended subscription agreements , the company granted the investors an additional 5 % of the total amount of common shares each shareholder purchased . the aggregate amount of additional shares issued was 54,752 shares with a total value of $ 16,426 , which was recorded as stock-based compensation during the period . during the year ended september 30 , 2015 , the company received $ 22,005 of the subscriptions receivable at september 30 , 2014. during the year ended september 30 , 2016 , the company had the following issuances : ( a ) during september 30 , 2016 , the company issued 422,500 shares of common stock for services valued at 0.30 per common share for a total expense of $ 126,750 . of the 422,500 shares issued 22,500 common shares have not yet been issued by the transfer agent ; however , the company has accounted for these as issued and outstanding as of september 30 , 2016 . ( b ) in november 2015 , the company issued an aggregate of 15 units for total proceeds of $ 45,000 . each unit consisted of 10,000 common shares and 5,000 share purchase warrants . each whole share purchase warrant is exercisable at $ 0.60 per common share until the one-year anniversary of the first day that the common stock is traded on the otcqb marketplace . 6. share purchase warrants each selling shareholder has a warrant to purchase up to 50 % of the shares owned with an exercise price of $ 0.60 per shares with the warrant termination on the one year anniversary of the first day that the common stock is traded on the otcqb marketplace . a summary of the changes in the company 's common share purchase warrants is presented below : replace_table_token_10_th as at september 30 , 2016 , the following common share purchase warrants were outstanding and exercisable : number of warrants exercise price expiry date 692,525 $ 0.60 one year from the first day that the common stock is traded on the otcqb marketplace f- 11 7. income taxes the company has net operating losses carried forward of $ 391,794 available to offset taxable income in future years which expire beginning in fiscal 2035. the company is subject to united states federal and state income taxes at an approximate rate of 35 % . the tax years open for internal revenue service review are fiscal years ended september 30 , 2015 and 2016. the reconciliation of the provision for income taxes at the united states federal statutory rate compared to the company 's income tax expense as reported is as follows : 2016 2015 $ $ income tax recovery at statutory rate ( 46,502 ) ( 81,433 ) valuation allowance change 46,502 81,433 provision for income taxes - - the significant components of deferred income tax assets and liabilities at september 20 , 2016 and september 30 , 2015 : replace_table_token_11_th 8. subsequent event subsequent to september 30 , 2016 , the company issued 300,000 common shares for services . f- 12 story_separator_special_tag forward-looking statements the following is management 's discussion and analysis of the consolidated financial condition and results of operations of iho-agro international , inc. for the fiscal years ended september 30 , 2016 and 2015.the following should be read in conjunction with the audited consolidated financial statements for the period ending september 30 , 2016 and notes thereto appearing elsewhere in the form 10-k. plan of operation during the next 12 months , we plan to be profitable . profitability will be accomplished by the following : increase in revenue as a result of increased sales and distribution partners , increased advertising and marketing across all media areas , increased product certification and registration in targeted countries , states and jurisdictions around the world . we also plan to tightly monitor all expenses , decrease expenses where applicable and review and adhere to business budgets on a monthly basis . based on the above we anticipate operating margins will increase . there can be no assurance that these assumptions will be correct . if these assumptions prove incorrect , it will affect our ability to generate revenue and to continue our operations . 7 we have commenced limited operations and will require additional capital to recruit personnel to operate the business and to implement our business plan . over the next 12 months , our business will be generated through increased sales and

