note 7 - income taxes for the years ended march 31 , 2018 and 2017 , the company has incurred net losses before and , therefore , has no tax liability . the net deferred tax asset generated by the loss carry-forward has been fully reserved . the cumulative net operating loss carry-forward is approximately $ 536,000 and $ 446,000 at march 31 , 2018 and 2017 , respectively , and will expire beginning in the year 2034. the primary difference between the company 's statutory and effective tax rate relates to non-deductible stock based compensation charges and a full valuation allowance being recorded . deferred tax assets as of march 31 , 2018 and 2017 consisted of tax effected net operating losses of $ 160,087 and $ 151,729 , respectively . during the years ended march 31 , 2018 and 2017 , the valuation allowance increased by $ 8,358 and $ 94,011 , respectively . the approximate reduction of the tax effected net operating losses due to the change in the corporate income tax rates was approximately $ 22,000 during the year ended march 31 , 2018. the company has identified the united states federal tax returns as its major tax jurisdiction . the united states federal return years 2014 through 2017 are still subject to tax examination by the united states internal revenue service ; however , we do not currently have any ongoing tax examinations . the company is subject to examination by the california franchise tax board for the years ended 2014 through 2017 and currently does not have any ongoing tax examinations . on december 22 , 2017 , the 2017 tax cuts and jobs act ( the tax act ) was enacted into law and the new legislation contains several key tax provisions that affected us , including a one-time mandatory transition tax on accumulated foreign earnings and a reduction of the corporate income tax rate to 21 % effective january 1 , 2018 , among others . we are required to recognize the effect of the tax law changes in the period of enactment , such as determining the transition tax , remeasuring our u.s. deferred tax assets and liabilities as well as reassessing the net realizability of our deferred tax assets and liabilities . in december 2017 , the sec staff issued staff accounting bulletin no . 118 , income tax accounting implications of the tax cuts and jobs act ( sab 118 ) , which allows us to record provisional amounts during a measurement period not to extend beyond one year of the enactment date . since the tax act was passed late in the fourth quarter of 2017 , and ongoing guidance and accounting interpretation are expected over the next 12 months , we consider the accounting of the transition tax , deferred tax re-measurements , and other items to be incomplete due to the forthcoming guidance and our ongoing analysis of final year-end data and tax positions . we expect to complete our analysis within the measurement period in accordance with sab 118. note 8 - related party transactions during the year ended march 31 , 2018 and 2017 , the company recorded revenues of $ 43,510 and $ 198,074 for services performed for two entities partially owned by the company 's former chief executive officer , respectively . the company performed engineering services for the related entities and billed its services based upon time and expenses incurred . the company 's management maintained that the fees charged to the related party are no less favorable than would be charged to unrelated parties for similar services . in addition , during the year ended march 31 , 2018 , the company paid $ 9,600 to one of these related entities in connection with testing services . the revenues and expense are included within discontinued operations . 32 geo point resources , inc. notes to the consolidated financial story_separator_special_tag when used in this annual report , the words may ,  will ,  expect ,  anticipate ,  continue ,  estimate ,  project ,  intend ,  and similar expressions are intended to identify forward-looking statements regarding events , conditions , and financial trends that may affect our future plans of operations , business strategy , operating results , and financial position . persons reviewing this annual report are cautioned that any forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties and actual results may differ materially from those included within the forward-looking statements as a result of various factors . our future results and shareholder values may differ materially from those expressed in these forward-looking statements . many of the factors that will determine these results and values are beyond our ability to control or predict . we may be required to update these forward-looking statements from time to time as circumstances change ; however , we undertake no duty to do so . plan of operation we discontinued our business operations comprising the engineering and environmental divisions ' operations in february 2018 when our former ceo died . we now intend to focus our efforts on the tor-technology business described in item 1. business above , and are waiting for the delivery of the tornado m machine in july 2018. results of operations year ended march 31 , 2018 , compared to year ended march 31 , 2017 during the fiscal year ended march 31 , 2018 , we terminated our environmental remediation business and commenced our tortec technology business . as a result we had a loss from discontinued operations of $ 82,580 in the fiscal year ended march 31 , 2018 compared to a gain of $ 48,216 in the prior year . because of the discontinued operations , we reported no sales in either fiscal year ended march 31 , 2018 or 2017. general and administrative expenses during the fiscal year ended march 31 story_separator_special_tag note 7 - income taxes for the years ended march 31 , 2018 and 2017 , the company has incurred net losses before and , therefore , has no tax liability . the net deferred tax asset generated by the loss carry-forward has been fully reserved . the cumulative net operating loss carry-forward is approximately $ 536,000 and $ 446,000 at march 31 , 2018 and 2017 , respectively , and will expire beginning in the year 2034. the primary difference between the company 's statutory and effective tax rate relates to non-deductible stock based compensation charges and a full valuation allowance being recorded . deferred tax assets as of march 31 , 2018 and 2017 consisted of tax effected net operating losses of $ 160,087 and $ 151,729 , respectively . during the years ended march 31 , 2018 and 2017 , the valuation allowance increased by $ 8,358 and $ 94,011 , respectively . the approximate reduction of the tax effected net operating losses due to the change in the corporate income tax rates was approximately $ 22,000 during the year ended march 31 , 2018. the company has identified the united states federal tax returns as its major tax jurisdiction . the united states federal return years 2014 through 2017 are still subject to tax examination by the united states internal revenue service ; however , we do not currently have any ongoing tax examinations . the company is subject to examination by the california franchise tax board for the years ended 2014 through 2017 and currently does not have any ongoing tax examinations . on december 22 , 2017 , the 2017 tax cuts and jobs act ( the tax act ) was enacted into law and the new legislation contains several key tax provisions that affected us , including a one-time mandatory transition tax on accumulated foreign earnings and a reduction of the corporate income tax rate to 21 % effective january 1 , 2018 , among others . we are required to recognize the effect of the tax law changes in the period of enactment , such as determining the transition tax , remeasuring our u.s. deferred tax assets and liabilities as well as reassessing the net realizability of our deferred tax assets and liabilities . in december 2017 , the sec staff issued staff accounting bulletin no . 118 , income tax accounting implications of the tax cuts and jobs act ( sab 118 ) , which allows us to record provisional amounts during a measurement period not to extend beyond one year of the enactment date . since the tax act was passed late in the fourth quarter of 2017 , and ongoing guidance and accounting interpretation are expected over the next 12 months , we consider the accounting of the transition tax , deferred tax re-measurements , and other items to be incomplete due to the forthcoming guidance and our ongoing analysis of final year-end data and tax positions . we expect to complete our analysis within the measurement period in accordance with sab 118. note 8 - related party transactions during the year ended march 31 , 2018 and 2017 , the company recorded revenues of $ 43,510 and $ 198,074 for services performed for two entities partially owned by the company 's former chief executive officer , respectively . the company performed engineering services for the related entities and billed its services based upon time and expenses incurred . the company 's management maintained that the fees charged to the related party are no less favorable than would be charged to unrelated parties for similar services . in addition , during the year ended march 31 , 2018 , the company paid $ 9,600 to one of these related entities in connection with testing services . the revenues and expense are included within discontinued operations . 32 geo point resources , inc. notes to the consolidated financial story_separator_special_tag when used in this annual report , the words may ,  will ,  expect ,  anticipate ,  continue ,  estimate ,  project ,  intend ,  and similar expressions are intended to identify forward-looking statements regarding events , conditions , and financial trends that may affect our future plans of operations , business strategy , operating results , and financial position . persons reviewing this annual report are cautioned that any forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties and actual results may differ materially from those included within the forward-looking statements as a result of various factors . our future results and shareholder values may differ materially from those expressed in these forward-looking statements . many of the factors that will determine these results and values are beyond our ability to control or predict . we may be required to update these forward-looking statements from time to time as circumstances change ; however , we undertake no duty to do so . plan of operation we discontinued our business operations comprising the engineering and environmental divisions ' operations in february 2018 when our former ceo died . we now intend to focus our efforts on the tor-technology business described in item 1. business above , and are waiting for the delivery of the tornado m machine in july 2018. results of operations year ended march 31 , 2018 , compared to year ended march 31 , 2017 during the fiscal year ended march 31 , 2018 , we terminated our environmental remediation business and commenced our tortec technology business . as a result we had a loss from discontinued operations of $ 82,580 in the fiscal year ended march 31 , 2018 compared to a gain of $ 48,216 in the prior year . because of the discontinued operations , we reported no sales in either fiscal year ended march 31 , 2018 or 2017. general and administrative expenses during the fiscal year ended march 31

liquidity and capital resources current assets at march 31 , 2018 , included $ 31,684 in cash , a decrease of $ 7,615 from total current assets of $ 39,299 at march 31 , 2017. at march 31 , 2018 , we had a negative working capital of $ 28,759 , as compared to negative working capital of $ 484,495 at march 31 , 2017. capital resources during the fiscal year ended march 31 , 2018 , operating activities used cash of $ 157,164 , as compared to $ 267 in net cash used for the fiscal year ended march 31 , 2017. during the fiscal year ended march 31 , 2018 , investing activities provided cash of $ 93,910 , as compared to $ 78,400 cash used in investing activities during the fiscal year ended march 31 , 2017. in 2018 , we received cash from reserved note receivable of $ 20,000 and $ 72,910 cash received in the tortec acquisition . we also received $ 1,000 in other assets . in 2017 we purchased equipment which we needed for various jobs for $ 78,400. during the fiscal year ended march 31 , 2018 , financing activities provided cash of $ 55,639 , as compared to $ 85,600 in cash provided for the fiscal year ended march 31 , 2017. financing activities consisted of $ 21,000 in proceeds from short term advances  related parties and $ 34,639in an increase in the line of credit in fiscal year 2018. in fiscal year 2017 , we received $ 40,000 in proceeds from note payable and $ 45,600 in an increase in proceeds from our line of credit , the proceeds of which were used for operations .


 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 current assets at march 31 , 2018 , included $ 31,684 in cash , a decrease of $ 7,615 from total current assets of $ 39,299 at march 31 , 2017. at march 31 , 2018 , we had a negative working capital of $ 28,759 , as compared to negative working capital of $ 484,495 at march 31 , 2017. capital resources during the fiscal year ended march 31 , 2018 , operating activities used cash of $ 157,164 , as compared to $ 267 in net cash used for the fiscal year ended march 31 , 2017. during the fiscal year ended march 31 , 2018 , investing activities provided cash of $ 93,910 , as compared to $ 78,400 cash used in investing activities during the fiscal year ended march 31 , 2017. in 2018 , we received cash from reserved note receivable of $ 20,000 and $ 72,910 cash received in the tortec acquisition . we also received $ 1,000 in other assets . in 2017 we purchased equipment which we needed for various jobs for $ 78,400. during the fiscal year ended march 31 , 2018 , financing activities provided cash of $ 55,639 , as compared to $ 85,600 in cash provided for the fiscal year ended march 31 , 2017. financing activities consisted of $ 21,000 in proceeds from short term advances  related parties and $ 34,639in an increase in the line of credit in fiscal year 2018. in fiscal year 2017 , we received $ 40,000 in proceeds from note payable and $ 45,600 in an increase in proceeds from our line of credit , the proceeds of which were used for operations .
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 Suspicious Activity Report : note 7 - income taxes for the years ended march 31 , 2018 and 2017 , the company has incurred net losses before and , therefore , has no tax liability . the net deferred tax asset generated by the loss carry-forward has been fully reserved . the cumulative net operating loss carry-forward is approximately $ 536,000 and $ 446,000 at march 31 , 2018 and 2017 , respectively , and will expire beginning in the year 2034. the primary difference between the company 's statutory and effective tax rate relates to non-deductible stock based compensation charges and a full valuation allowance being recorded . deferred tax assets as of march 31 , 2018 and 2017 consisted of tax effected net operating losses of $ 160,087 and $ 151,729 , respectively . during the years ended march 31 , 2018 and 2017 , the valuation allowance increased by $ 8,358 and $ 94,011 , respectively . the approximate reduction of the tax effected net operating losses due to the change in the corporate income tax rates was approximately $ 22,000 during the year ended march 31 , 2018. the company has identified the united states federal tax returns as its major tax jurisdiction . the united states federal return years 2014 through 2017 are still subject to tax examination by the united states internal revenue service ; however , we do not currently have any ongoing tax examinations . the company is subject to examination by the california franchise tax board for the years ended 2014 through 2017 and currently does not have any ongoing tax examinations . on december 22 , 2017 , the 2017 tax cuts and jobs act ( the tax act ) was enacted into law and the new legislation contains several key tax provisions that affected us , including a one-time mandatory transition tax on accumulated foreign earnings and a reduction of the corporate income tax rate to 21 % effective january 1 , 2018 , among others . we are required to recognize the effect of the tax law changes in the period of enactment , such as determining the transition tax , remeasuring our u.s. deferred tax assets and liabilities as well as reassessing the net realizability of our deferred tax assets and liabilities . in december 2017 , the sec staff issued staff accounting bulletin no . 118 , income tax accounting implications of the tax cuts and jobs act ( sab 118 ) , which allows us to record provisional amounts during a measurement period not to extend beyond one year of the enactment date . since the tax act was passed late in the fourth quarter of 2017 , and ongoing guidance and accounting interpretation are expected over the next 12 months , we consider the accounting of the transition tax , deferred tax re-measurements , and other items to be incomplete due to the forthcoming guidance and our ongoing analysis of final year-end data and tax positions . we expect to complete our analysis within the measurement period in accordance with sab 118. note 8 - related party transactions during the year ended march 31 , 2018 and 2017 , the company recorded revenues of $ 43,510 and $ 198,074 for services performed for two entities partially owned by the company 's former chief executive officer , respectively . the company performed engineering services for the related entities and billed its services based upon time and expenses incurred . the company 's management maintained that the fees charged to the related party are no less favorable than would be charged to unrelated parties for similar services . in addition , during the year ended march 31 , 2018 , the company paid $ 9,600 to one of these related entities in connection with testing services . the revenues and expense are included within discontinued operations . 32 geo point resources , inc. notes to the consolidated financial story_separator_special_tag when used in this annual report , the words may ,  will ,  expect ,  anticipate ,  continue ,  estimate ,  project ,  intend ,  and similar expressions are intended to identify forward-looking statements regarding events , conditions , and financial trends that may affect our future plans of operations , business strategy , operating results , and financial position . persons reviewing this annual report are cautioned that any forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties and actual results may differ materially from those included within the forward-looking statements as a result of various factors . our future results and shareholder values may differ materially from those expressed in these forward-looking statements . many of the factors that will determine these results and values are beyond our ability to control or predict . we may be required to update these forward-looking statements from time to time as circumstances change ; however , we undertake no duty to do so . plan of operation we discontinued our business operations comprising the engineering and environmental divisions ' operations in february 2018 when our former ceo died . we now intend to focus our efforts on the tor-technology business described in item 1. business above , and are waiting for the delivery of the tornado m machine in july 2018. results of operations year ended march 31 , 2018 , compared to year ended march 31 , 2017 during the fiscal year ended march 31 , 2018 , we terminated our environmental remediation business and commenced our tortec technology business . as a result we had a loss from discontinued operations of $ 82,580 in the fiscal year ended march 31 , 2018 compared to a gain of $ 48,216 in the prior year . because of the discontinued operations , we reported no sales in either fiscal year ended march 31 , 2018 or 2017. general and administrative expenses during the fiscal year ended march 31 story_separator_special_tag note 7 - income taxes for the years ended march 31 , 2018 and 2017 , the company has incurred net losses before and , therefore , has no tax liability . the net deferred tax asset generated by the loss carry-forward has been fully reserved . the cumulative net operating loss carry-forward is approximately $ 536,000 and $ 446,000 at march 31 , 2018 and 2017 , respectively , and will expire beginning in the year 2034. the primary difference between the company 's statutory and effective tax rate relates to non-deductible stock based compensation charges and a full valuation allowance being recorded . deferred tax assets as of march 31 , 2018 and 2017 consisted of tax effected net operating losses of $ 160,087 and $ 151,729 , respectively . during the years ended march 31 , 2018 and 2017 , the valuation allowance increased by $ 8,358 and $ 94,011 , respectively . the approximate reduction of the tax effected net operating losses due to the change in the corporate income tax rates was approximately $ 22,000 during the year ended march 31 , 2018. the company has identified the united states federal tax returns as its major tax jurisdiction . the united states federal return years 2014 through 2017 are still subject to tax examination by the united states internal revenue service ; however , we do not currently have any ongoing tax examinations . the company is subject to examination by the california franchise tax board for the years ended 2014 through 2017 and currently does not have any ongoing tax examinations . on december 22 , 2017 , the 2017 tax cuts and jobs act ( the tax act ) was enacted into law and the new legislation contains several key tax provisions that affected us , including a one-time mandatory transition tax on accumulated foreign earnings and a reduction of the corporate income tax rate to 21 % effective january 1 , 2018 , among others . we are required to recognize the effect of the tax law changes in the period of enactment , such as determining the transition tax , remeasuring our u.s. deferred tax assets and liabilities as well as reassessing the net realizability of our deferred tax assets and liabilities . in december 2017 , the sec staff issued staff accounting bulletin no . 118 , income tax accounting implications of the tax cuts and jobs act ( sab 118 ) , which allows us to record provisional amounts during a measurement period not to extend beyond one year of the enactment date . since the tax act was passed late in the fourth quarter of 2017 , and ongoing guidance and accounting interpretation are expected over the next 12 months , we consider the accounting of the transition tax , deferred tax re-measurements , and other items to be incomplete due to the forthcoming guidance and our ongoing analysis of final year-end data and tax positions . we expect to complete our analysis within the measurement period in accordance with sab 118. note 8 - related party transactions during the year ended march 31 , 2018 and 2017 , the company recorded revenues of $ 43,510 and $ 198,074 for services performed for two entities partially owned by the company 's former chief executive officer , respectively . the company performed engineering services for the related entities and billed its services based upon time and expenses incurred . the company 's management maintained that the fees charged to the related party are no less favorable than would be charged to unrelated parties for similar services . in addition , during the year ended march 31 , 2018 , the company paid $ 9,600 to one of these related entities in connection with testing services . the revenues and expense are included within discontinued operations . 32 geo point resources , inc. notes to the consolidated financial story_separator_special_tag when used in this annual report , the words may ,  will ,  expect ,  anticipate ,  continue ,  estimate ,  project ,  intend ,  and similar expressions are intended to identify forward-looking statements regarding events , conditions , and financial trends that may affect our future plans of operations , business strategy , operating results , and financial position . persons reviewing this annual report are cautioned that any forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties and actual results may differ materially from those included within the forward-looking statements as a result of various factors . our future results and shareholder values may differ materially from those expressed in these forward-looking statements . many of the factors that will determine these results and values are beyond our ability to control or predict . we may be required to update these forward-looking statements from time to time as circumstances change ; however , we undertake no duty to do so . plan of operation we discontinued our business operations comprising the engineering and environmental divisions ' operations in february 2018 when our former ceo died . we now intend to focus our efforts on the tor-technology business described in item 1. business above , and are waiting for the delivery of the tornado m machine in july 2018. results of operations year ended march 31 , 2018 , compared to year ended march 31 , 2017 during the fiscal year ended march 31 , 2018 , we terminated our environmental remediation business and commenced our tortec technology business . as a result we had a loss from discontinued operations of $ 82,580 in the fiscal year ended march 31 , 2018 compared to a gain of $ 48,216 in the prior year . because of the discontinued operations , we reported no sales in either fiscal year ended march 31 , 2018 or 2017. general and administrative expenses during the fiscal year ended march 31

