UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 10-Q

 

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

 

For the quarterly period ended October 31, 2011

 

þ  TRANSITION REPORT UNDER SECTION 13 OR 15 (d) OF` THE EXCHANGE ACT

 

For the transition period from _________ to _________

 

Commission File Number: 333-153385

 

BOLD ENERGY INC.

(Name of Small Business Issuer in its charter)

 

Nevada	26-2940624
(state or other jurisdiction of incorporation or organization)	(I.R.S. Employer I.D. No.)

112 North Curry Street, Carson City, Nevada 89703

(Address of principal executive offices)

 

(775) 333-1198

Issuer’s telephone number

 

Indicate by check mark whether the registrant (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter period that the registrant was require to file such reports), and (2) has been subject to such filing requirements for the past 90 days.  Yes o    No þ  

 

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 “large accelerated filer”, “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.  (Check one):

Large accelerated filer  o      Accelerated filer  o     Non-accelerated filer  o     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    o     No þ  

 

APPLICABLE ONLY TO CORPORATE ISSUERS

 

As of May 7, 2012 the registrant had 57,053,138 shares of common stock outstanding.

 

 

BOLD ENERGY INC.

 

Table of Contents

 

PART I - FINANCIAL INFORMATION
Item 1.  Financial Statements	4
Item 2.  Management’s Discussion and Analysis of Financial Condition and Results of Operations	5
Item 3.  Quantitative and Qualitative Disclosures About Market Risk .	7
Item 4 Controls and Procedures	7
PART II – OTHER INFORMATION
Item 1.  Legal Proceedings.	8
Item 2.  Unregistered Sales of Equity Securities and Use of Proceeds.	8
Item 3.  Defaults Upon Senior Securities.	8
Item 4.  Submission of Matters to a Vote of Security Holders.	8
Item 5.  Other Information.	8
Item 6.  Exhibits	8
SIGNATURES	8

 

2

 

PART I - FINANCIAL INFORMATION

 

Safe Harbor Statement

This report on Form 10-Q contains certain forward-looking statements.  All statements other than statements of historical fact are “forward-looking statements” for purposes of these provisions, including any projections of earnings, revenues, or other financial items; any statements of the plans, strategies, and objectives of management for future operation; any statements concerning proposed new products, services, or developments; any statements regarding future economic conditions or performance; statements of belief; and any statement of assumptions underlying any of the foregoing. Such forward-looking statements are subject to inherent risks and uncertainties, and actual results could differ materially from those anticipated by the forward-looking statements.

These forward-looking statements involve significant risks and uncertainties, including, but not limited to, the following: competition, promotional costs, and risk of declining revenues.  Our actual results could differ materially from those anticipated in such forward-looking statements as a result of a number of factors.  These forward-looking statements are made as of the date of this filing, and we assume no obligation to update such forward-looking statements.  The following discusses our financial condition and results of operations based upon our financial statements which have been prepared in conformity with accounting principles generally accepted in the United States.  It should be read in conjunction with our financial statements and the notes thereto included elsewhere herein.

 

Item 1.  Financial Statements

 

The unaudited interim financial statements of Bold Energy Inc. (the “Company”, “Bold”, “we”, “our”, “us”) follow.  All currency references in this report are in U.S. dollars unless otherwise noted.

The accompanying Financial Statements of Bold Energy Inc., should be read in conjunction with the Company's Annual Report on Form 10-K for the year ended July 31, 2011.  Significant accounting policies disclosed therein have not changed.

3

Bold Energy Inc.

(FKA:  Global Club, Inc.)

(A Development Stage Company)

Unaudited

(Express in U.S. Dollars)

 

Unaudited Balance Sheets	F-1
Unaudited Statements of Operations	F-2
Unaudited Statement of Stockholders’ Deficit	F-3
Unaudited Statements of Cash Flows	F-4
Unaudited Notes to the Financial Statements	F-5

 

4

Bold Energy, Inc.
(fka Global Club, Inc.)
(A Development Stage Company)
BALANCE SHEETS
							October 31, 2011		July 31, 2011
							(Unaudited)		(Audited)
ASSETS
CURRENT ASSETS
Cash						$	2,759	$	4,413
TOTAL CURRENT ASSETS							2,759		4,413
OTHER ASSETS
Web design, net							1,678		1,876
TOTAL OTHER ASSETS							1,678		1,876
TOTAL ASSETS						$	4,437	$	6,289
LIABILITIES AND STOCKHOLDERS’ DEFICIT
CURRENT  LIABILITIES
Accounts payable and accrued liabilities						$	8,532	$	7,491
Shareholder's loan- due to related party							34,429		34,366
TOTAL CURRENT LIABILITIES							42,961		41,857
LONG TERM LIABILITIES
Loans							5,000		5,000
TOTAL LONG TERM LIABILITIES							5,000		5,000
TOTAL LIABILITIES						$	47,961	$	46,857
STOCKHOLDERS’  DEFICIT
Common Stock, $0.001 par value
Authorized
75,000,000 shares of common stock, $0.001 par value,
Issued and outstanding
27,053,138shares of common stock							27,052		27,052
Additional paid in capital							8,482,736		8,482,736
Deficit accumulated during the development stage							(8,553,312)		(8,550,356)
TOTAL STOCKHOLDERS’ DEFICIT							(43,524)		(40,568)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT						$	4,437	$	6,289
The accompanying notes are an integral part of these financial statements.

F-1

Bold Energy, Inc.
(fka Global Club, Inc.)
(A Development Stage Company)
STATEMENTS OF OPERATIONS
Unaudited
											Cumulative results
							3 months		3 months		from inception
							ended		ended		(June 27, 2008) to
							October 31, 2011		October 31, 2010		October 31, 2011
REVENUE
Revenues						$	-	$	-	$	-
Total revenues							-		-		-
EXPENSES
Office and general							2,353		4,148		46,981
Professional Fees							541		4,411		62,019
Total expenses							2,894		8,559		109,000
Other income(expense)
Interest expense and financing cost							(62)		(379)		(7,725,062)
Gain on debt forgiveness							-		-		5,000
Total other income(expense)							(62)		(379)		(7,720,062)
NET LOSS						$	(2,956)	$	(8,938)	$	(7,829,062)
BASIC LOSS PER COMMON SHARE
						$	0.00	$	(0.00)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - BASIC
							27,053,138		2,004,750
The accompanying notes are an integral part of these financial statements.

F-2

 

Bold Energy, Inc.
(fka Global Club, Inc.)
(A Development Stage Company)
STATEMENT OF STOCKHOLDERS' DEFICIT
From inception (June 27, 2008) to October 31, 2011
																	Deficit
							Common Stock										accumulated
														Additional			during the
							Number of							Paid-in			development
							shares				Amount			Capital			stage				Total
Inception (June 27, 2008)
Common stock issued for cash at $0.005
per share on July  22, 2008							906,000			$	906	$		711,594		$	(707,750)			$	4,750
Net loss							-				-			-			(2,723)				(2,723)
Balance, July 31, 2008 (audited)							906,000				906			711,594			(710,473)				2,027
Common stock issued for cash at $0.006
per share on April 23, 2009							900,000				900			21,600			(16,500)				6,000
Net loss							-				-			-			(12,801)				(12,801)
Balance, July 31, 2009 (audited)							1,806,000				1,806			733,194			(739,774)				(4,774)
Forgiveness of debt from former							-				-			4,788			-				4,788
director (officer)
Common stock issued for cash at $0.025
per share on April 6, 2010							200,000				200			4,800			-				5,000
Cancellation of Stock Redeemed at $0.001
on July 15, 2010							(1,250)				(2)			2			-				-
Net loss							-				-			-			(38,669)				(38,669)
Balance, July 31, 2010 (audited)							2,004,750				2,004			742,784			(778,443)				(33,655)
Common stock issued for services
at $0.31 per share on May 12, 2011							48,388				48			14,952			-				15,000
Common stock issued as loan repayment at $0.31 per shares on May 12, 2011							25,000,000				25,000			7,725,000							7,750,000
Net loss							-				-			-			(7,771,913)				(7,771,913)
Balance,  July 31, 2011 (audited)							27,053,138			$	27,052	$		8,482,736		$	(8,550,356)			$	(40,568)
Net loss							-				-			-			(2,956)				(2,956)
Balance,  October 31, 2011							27,053,138			$	27,052	$		8,482,736		$	(8,553,312)			$	(43,524)
The accompanying notes are an integral part of these financial statements.
Bold Energy, Inc.
(fka Global Club, Inc.)
(A Development Stage Company)
STATEMENTS OF CASH FLOW
Unaudited
																			Cumulative results
									3 months						3 months				from inception
									ended						ended				(June 27, 2008) to
									October 31, 2011						October 31, 2010				October 31, 2011
CASH FLOWS FROM OPERATING ACTIVITIES
	Net loss							$	(2,956)				$		(8,938)			$	(7,829,062)
	Adjustment to reconcile net loss to net cash
	used in operating activities:
	Non-cash net gain on settlement								-						-				(5,000)
	Depreciation								198						178				1,504
	Stock based compensation								-						-				15,000
	Financing cost								-						-				7,723,256
	Change in operating assets and liabilities:
	Increase in accrued interest								62						-				1,806
	Increase in accounts payable and accrued expenses								1,042						396				13,532
NET CASH USED IN OPERATING ACTIVITIES									(1,654)						(8,364)				(78,964)
CASH FLOWS FROM INVESTING ACTIVITIES
	Fixed assets								-						-				(3,182)
NET CASH USED IN INVESTING ACTIVITIES									-						-				(3,182)
CASH FLOWS FROM FINANCING ACTIVITIES
	Issuance of common stock								-						-				15,750
	Redemption of common stock								-						-				30,000
	Payment made to unrelated party								-						-				-
	Due to related party								-						-				39,155
NET CASH PROVIDED BY FINANCING ACTIVITIES
									-						-				84,905
NET INCREASE (DECREASE) IN CASH									(1,654)						(8,364)				2,759
CASH, BEGINNING OF PERIOD									4,413						13,156				-
CASH, END OF PERIOD								$	2,759				$		4,792			$	2,759
Supplemental cash flow information and noncash financing activities:
Non cash transactions
	Cancellation of shares							$	-				$		-			$	689,892
	Forgiveness of debt from former director							$	-				$		-			$	4,788
	Settlement of debt and accrued interest by issuance of stock							$	-				$		-			$	26,744
The accompanying notes are an integral part of these financial statements.

 

F-4

Bold Energy, Inc.

(fka Global Club, Inc.)

(A Development Stage Company)

NOTES TO THE UNAUDITED FINANCIAL STATEMENTS

NOTE 1 –FINANCIAL STATEMENTS

The accompanying financial statements have been prepared by the Company without audit.  In the opinion of management, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations, and cash flows at October 31, 2011, and for all periods presented herein, have been made.

Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted.  It is suggested that these financial statements be read in conjunction with the financial statements and notes thereto included in the Company’s July 31, 2011 audited financial statements.  The results of operations for the periods ended October 31, 2011 and the same period last year are not necessarily indicative of the operating results for the full years.

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America and are presented in US dollars. Cash and Cash Equivalents The Company considers all highly liquid instruments with a maturity of three months or less at the time of issuance to be cash equivalents. Use of Estimates and Assumptions The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management 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 financial statements and the reported amounts of revenues and expenses during the reporting period.  Actual results could differ from those estimates. Financial Instruments The carrying value of the Company's financial instruments approximates their fair value because of the short maturity of these instruments.

Basic and Diluted Net Loss per Share The Company computes loss per share in accordance with “ASC-260”, “Earnings per Share” which requires presentation of both basic and diluted earnings per share on the face of the statement of operations.  Basic loss per share is computed by dividing net loss available to common shareholders by the weighted average number of outstanding common shares during the period.  Diluted loss per share gives effect to all dilutive potential common shares outstanding during the period.  Dilutive loss per share excludes all potential common shares if their effect is anti-dilutive.  The Company has no potential dilutive instruments and accordingly basic loss and diluted loss per share are the same.

F-5

Bold Energy, Inc.

(fka Global Club, Inc.)

(A Development Stage Company)

NOTES TO THE UNAUDITED FINANCIAL STATEMENTS

NOTE 3 – GOING CONCERN

The Company’s financial statements are prepared using generally accepted accounting principles in the United States of America applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business.  The Company has not yet established an ongoing source of revenues sufficient to cover its operating costs and allow it to continue as a going concern.  The ability of the Company to continue as a going concern is dependent on the Company obtaining adequate capital to fund operating losses until it becomes profitable.  If the Company is unable to obtain adequate capital, it could be forced to cease operations.  The Company has incurred losses since inception resulting in an accumulated deficit of $7,829,062 as of October 31, 2011 and further losses are anticipated in the development of its business raising substantial doubt about the Company’s ability to continue as a going concern.

In order to continue as a going concern, the Company will need, among other things, additional capital resources.  Management’s plan is to obtain such resources for the Company by obtaining capital from management and significant shareholders sufficient to meet its minimal operating expenses and seeking equity and/or debt financing.  However management cannot provide any assurances that the Company will be successful in accomplishing any of its plans.

The ability of the Company to continue as a going concern is dependent upon its ability to successfully accomplish the plans described in the preceding paragraph and eventually secure other sources of financing and attain profitable operations.  These financials do not include any adjustments relating to the recoverability and reclassification of recorded asset amounts, or amounts and classifications of liabilities that might result from this uncertainty.

NOTE 4 – RELATED PARTY TRANSACTIONS

As of October 31, 2011 the Company received advances from a Director in the amount of $34,429, to pay for general operating expenses.  The amounts due to the related party are unsecured and non-interest bearing with no set terms of repayment.

NOTE 5 - RECLASSIFICATION: STOCK SPLIT ADJUSTMENT Effective March 23, 2011, the President voluntarily cancelled 27,594,000 shares of her outstanding common stock of the Company which were cancelled and returned to the pool of the Company’s authorized and unissued shares of common stock.  These cancelled shares were previously recorded in the financials at a total of pre split 689,850,000.  Since the shares under this agreement have been cancelled without the exchange of consideration to reduce number of shares outstanding, the Company considered the change in capital structure from the cancellation agreement in substance a reverse stock split.  In accordance with SAB Topic 4-C, the Company recorded the cancellation retroactively as a reduction to the par value of common stock with a corresponding increase to additional paid-in capital.

NOTE 6 – CAPITAL STOCK

The Company is authorized to issue an aggregate of 75,000,000 common shares with a par value of $0.001 per share.  No preferred shares have been authorized or issued.

On July 22, 2008, the sole Director purchased 906,000 shares of the common stock in the Company for $4,750.

On April 23, 2009, the Company issued 900,000 Common shares for $6,000.

On November 26, 2009, the former director forgave a loan in the amount of $4,788, which was owed to him from the Company.

On March 2, 2010, the Company effected a 150:1 forward split of the Company's stock through the issuance of a stock dividend for each share outstanding as of March 23, 2010. 

On March 2, 2010, the President of the Company requested that the Company cancel 27,594,000 common shares that she owns in her own name.  The President now owns 906,000 common shares.

On April 6, 2010, the Company issued an aggregate of 200,000 common shares to various stockholders at $0.025 per share for $5,000.

On July 15, 2010, various stockholders requested that the Company cancel 1,250 common shares.

On March 31, 2011, the Company effected a 1 for 25 reverse split of the Company's issued and outstanding common stock. 

On May 12, 2011 the company issued an aggregate of 25,000,000 common shares to various stockholders @$0.31 per share.  The shares were issued as repayment of $25,000 of principal due to the stockholders and 7,725,000 as finance cost.  The accrued interest to date was forgiven by the lenders.

In addition on May 12, 2011, the company issued 48,388 shares @$0.31 per share to Ms. Eden Clark as compensation for services rendered.

As of July 31, 2011, there are a total of 27,053,138 shares of common stock outstanding.

As of July 31, 2011, the Company has not granted any stock options

All references in these financial statements to number of common shares, price per share and weighted number of common shares outstanding prior to 1 for 25 reverse stock split on March 31, 2011 have been adjusted to reflect this stock split on a retroactive basis, unless otherwise noted.

 

NOTE 7 – SUBSEQUENT EVENTS

During the period April 27, 2012 Company issued 30,000,000 shares to the President and Secretary for the services provided from February 1, 2012 to July 31, 2012.

F-7

 

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

 

This section of this report includes a number of forward-looking statements that reflect our current views with respect to future events and financial performance.  Forward looking statements are often identified by words like: believe, expect, estimate, anticipate, intend, project and similar expressions or words which, by their nature, refer to future events.  You should not place undue certainty on these forward-looking statements, which apply only as of the date of this report.  These forward looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or our predictions.

 

Overview

 

Bold Energy Inc. ("Bold", "the Company", “our” or "we") was incorporated in the State of Nevada as a for-profit company on June 27, 2008.  We are developing a loyalty program based on “Global Club points” awarded for all purchases made in associated establishments.  The points will be exchangeable for products, trips or discounts.  We intend to be partners with all kinds of retailers, so the cardholders will be able to collect points on their every day expenses, such as in grocery shops, gas stations, restaurants, electronic stores, travel agencies, etc.

 

Plan of Operation

 

The Company has not yet generated any revenue from its operations.  As of October 31, 2011, we had $2,759 cash on hand.  We incurred operating expenses in the amount of $2,894 during the quarter ended October 31, 2011.  These operating expenses were comprised of professional fees and general and administrative expenses.

 

Our current cash holdings will not satisfy our liquidity requirements and we will require additional financing to pursue our planned business activities.  

 

Our plan of operation is based on the accomplishment of the following milestones over the 12 month period after we have raised enough funds:

 

1.

We plan to begin our activities by purchasing few samples of the RW Terminal from a Japanese company who specializes in the manufacture of this product and some PET cards in order to develop and test our system.  We expect to complete this stage within 90 days after we raise enough funds to implement our plan of operations.

2.

After receiving the RW Terminals and PET cards we plan to hire hi-tech consultants to develop the software to run the systems.  We intend to use the terminals and cards acquired prior to this stage to run the system and make the necessary arrangements on the software.  We expect to finish this stage within 300 days after we raise enough funds to implement our plan of operations.

3.

Once our system is operational, we expect to start our marketing efforts.  We will develop our website www.globalclubloyalty.com, and contact malls, grocery stores and gas stations to be our partners.  We intend to devote about 60 days to this period and be fully operational within 360 days after we raise enough funds to implement our plan of operations.

If we cannot generate sufficient revenues to continue operations, we will suspend or cease operations.

 

5

We do not currently have any employees and management does not plan to hire employees at this time.  We do not expect the purchase or sale of any significant equipment and have no current material commitments.

Management believes that if subsequent private placements are successful, we will generate sales revenue within the following twelve months thereof.  However, additional equity financing may not be available to us on acceptable terms or at all, and thus we could fail to satisfy our future cash requirements.

Results of Operations for the Period From Inception (June 27, 2008) to October 31, 2011 and for the Three Months Ended October 31, 2011

 

Lack of Revenues

We are a development stage company with limited operations since our inception on June 27, 2008 to October 31, 2011.  We have not generated any revenues.  As of October 31, 2011, we had total assets of $4,437 and total liabilities of $47,961.  Since our inception to October 31, 2011, we have accumulated a deficit of $8,553,312.  We anticipate that we will continue to incur substantial losses and our ability to generate any revenues in the next 12 months remains uncertain.

Expenses

We have accumulated total expenses of $109,000 since our inception on June 27, 2008 to October 31, 2011, including $46,981 in general and administrative expenses and $62,019 in professional fees (including accounting, auditing and legal fees).

Our total expenses decreased by $5,665 to $2,894 for the three months ended October 31, 2011 from $8,559 for the three months ended October 31, 2010.  For the three months ended October 31, 2011, total expenses were comprised of $2,353 in general and administrative expenses and $541 in professional fees.

 

For the three months ended October 31, 2010 our total expenses of $8,559 consisted of $4,148 in general and administrative expenses and $4,411 in professional fees.

The types of expenses that we may categorize as general and administrative expenses include foreign exchange loss, transfer agent and filing fees, office supplies, travel expenses, rent, communication expenses (cellular, internet, fax and telephone), bank charges, advertising and promotion costs, office maintenance, courier and postage costs and office equipment.

Net Loss

Since our inception on June 27, 2008 to October 31, 2011, we have incurred a net loss of $7,829,062.  For the three months ended October 31, 2011, we incurred a net loss of $2,956 compared to a net loss of $8,938 for the same period in 2010, which is a decrease in net loss of $5,982 between the two periods resulting from decreased general and administrative expense and professional fees for the three months ended October 31, 2011.

6

Off-Balance Sheet Arrangements

 

We have no significant off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that is material to stockholders.

 

Inflation

 

The amounts presented in the financial statements do not provide for the effect of inflation on our operations or financial position.  The net operating losses shown would be greater than reported if the effects of inflation were reflected either by charging operations with amounts that represent replacement costs or by using other inflation adjustments.

 

 

Item 3.  Quantitative and Qualitative Disclosures About Market Risk.

 

We are a smaller reporting company as defined by Rule 12b-2 of the Exchange Act and are not required to provide information under this item.

  

Item 4.  Controls and Procedures.

 

Evaluation of Disclosure Controls and Procedures

 

We maintain disclosure controls and procedures, as defined in Rule 13a-15(e) promulgated under the Securities Exchange Act of 1934 (the "Exchange Act"), that are designed to ensure that information required to be disclosed by us in the reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission's rules and forms and that such information is accumulated and communicated to our sole officer, as appropriate to allow timely decisions regarding required disclosure. We carried out an evaluation, under the supervision and with the participation of our sole officer, of the effectiveness of the design and operation of our disclosure controls and procedures as of October 31, 2011.  Based on the evaluation of these disclosure controls and procedures, and in light of the material weaknesses in our internal control over financial reporting identified in our Annual Report on Form 10-K for the year ended July 31, 2011, the sole officer concluded that our disclosure controls and procedures are ineffective.

 

Changes in internal controls

 

We have not yet implemented any of the recommended changes to internal control over financial reporting listed in our Annual Report on Form 10-K for the year ended July 31, 2011.  As such, there were no changes in our internal control over financial reporting, as defined in Rule 13a-15(f) promulgated under the Exchange Act, during the quarter ended October 31, 2011 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

 

Item 4T.  Controls and Procedures.

 

Not applicable.

 

7

PART II – OTHER INFORMATION

 

Item 1.  Legal Proceedings.

 

Not applicable.

 

Item 2.  Unregistered Sales of Equity Securities and Use of Proceeds.

 

None.

 

Item 3.  Defaults Upon Senior Securities.

 

None.

  

Item 4.  Submission of Matters to a Vote of Security Holders.

 

None.

 

Item 5.  Other Information.

 

None.

 

Item 6.  Exhibits

 

Exhibit Number	Description
31.1	Certification of the Chief Executive Officer Pursuant to Rule 13a-14 or 15d-14 of the Exchange Act pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
32.1	Certification of the Chief Executive Officer Pursuant to 18 U.S.C. Section 1350 as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

 

 

 

SIGNATURES

 

In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

	Bold Energy Inc.
	By: /s/ Eden Clark
Date:  May 10, 2012	Eden Clark
	President, Chief Executive Officer, Chief Financial Officer, Principal Accounting Officer, Secretary, Treasurer and Director

8