Born, Inc. - Quarter Report: 2010 January (Form 10-Q)

tcln10q13110.htm

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 10-Q

[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE

ACT OF 1934

For the quarterly period ended: January 31, 2010

[ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT

For the transition period from ________________ to __________________

Commission File Number 333-143630

TECHS LOANSTAR, INC.

______________________________________________________

(Exact name of registrant as specified in its charter)

Nevada	20-4682058
(State or other jurisdiction	(IRS Employer
of incorporation or organization)	Identification No.)

319 Clematis Street, Suite 703

_____________West Palm Beach, Florida 33401__________

(Address of principal executive offices)

___________________(561) 514-9042_______________

(Registrant's telephone number, including area code)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the preceding 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 Q No ¨

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate 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 ¨

Indicate by check mark whether the registrant is a larger accelerated filer, an accelerated filer, or a non-accelerated filer. See definition of "accelerated filer and large accelerated filer" in Rule 12b-2 of the Exchange Act. (Check one)

Large accelerated filer ¨	Accelerated filer ¨
Non-accelerated filer ¨	Smaller reporting company Q

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

Yes No x

The number of shares outstanding of the Registrant's Common Stock as of March 15, 2010 was 37,400,000 shares.

TECHS LOANSTAR, Inc.

(A Development Stage Company)

FINANCIAL STATEMENTS

JANUARY 31, 2010

(Unaudited)

PART I FINANCIAL INFORMATION

Item 1. Financial Statements

Balance Sheets at January 31, 2010 (Unaudited) and April 30, 2009

Statements of Operations for the Three and Nine Months Ended January 31, 2010 and 2009 and for the Period from April 7, 2006 (Inception) through January 31, 2010 (Unaudited).

Statements of Stockholders’ Equity (Deficit) for the Period from April 7, 2006 (Inception) through January 31, 2010 (Unaudited). Statements of Cash Flows for the Nine Months Ended January 31, 2010 and 2009, and for the Period April 7, 2006 (Inception) through January 31, 2010 (Unaudited).

Notes to the Financial Statements (Unaudited)

Item 2. Management's Discussion and Analysis of Financial Condition and Plan of Operation

Item 3. Quantitative and Qualitative Disclosures About Market Risk

Item 4. Controls and Procedures

PART II OTHER INFORMATION

Item 1. Legal Proceedings

Item 2. Changes in Securities

Item 3. Defaults Upon Senior Securities

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

Item 5. Other Information

Item 6. Exhibits and Reports on Form 8-K

Signatures

Certifications

TECHS LOANSTAR, INC
(A DEVELOPMENT STAGE COMPANY)
BALANCE SHEETS


	(Unaudited)			Year Ended
	January 31, 2010			April 30, 2009

ASSETS

Current Assets
Cash	$	46		$	—
Total assets	$	46		$	—

LIABILITIES AND SHAREHOLDERS' DEFICIT

Current liabilities:
Cash overdrawn	$	—		$	32
Accounts payable and accrued expenses		22,256			20,349
Shareholder loans		31,758			16,548

Total Liabilities		54,014			36,929

STOCKHOLDERS' DEFICIT
Common stock, par value $0.001, 300,000,000
shares authorized and 40,400,000 issued and
outstanding		40,400			40,400
Additional paid in capital		(17,900	)		(17,900	)
Deficit accumulated during the development stage		(76,468	)		(59,429	)

Total Stockholders' Deficit		(53,968	)		(36,929	)

Total Liabilities and Stockholders' Deficit	$	46		$	-

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

TECHS LOANSTAR, INC
(A DEVELOPMENT STAGE COMPANY)
STATEMENTS OF OPERATIONS
(UNAUDITED)

													Cumulative
	Three months			Three months			Nine months			Nine months			from inception
	ended			ended			ended			ended			(April 7, 2006) to
	January 31, 2010			January 31, 2009			January 31, 2010			January 31, 2009			January 31, 2010
REVENUE	$	—		$	—		$	—		$	—		$	—

OPERATING EXPENSES:
Office and general		1,412			(148	)		2,561			2,965			21,748
Professional fees		8,000			5,000			14,478			8,856			51,884

LOSS FROM OPERATIONS		(9,412	)		(4,852	)		(17,039	)		(11,821	)		(73,632	)

OTHER INCOME (EXPENSES):
Interest expense		—			—			—			—			(2,836	)

LOSS BEFORE INCOME TAXES		(9,412	)		(4,852	)		(17,039	)		(11,821	)		(76,468	)

PROVISION FOR INCOME TAX		—			—			—			—			—

NET LOSS	$	(9,412	)	$	(4,852	)	$	(17,039	)	$	(11,821	)	$	(76,468	)


Basic and diluted net loss
per common share	$	(0.00	)	$	(0.00	)	$	(0.00	)	$	(0.00	)

Basic and diluted weighted average
common shares outstanding		40,400,000			40,400,000			40,400,000			40,400,000

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

TECHS LOANSTAR, INC
(A DEVELOPMENT STAGE COMPANY)
STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT)
FROM INCEPTION (April 7, 2006) THROUGH JANUARY 31, 2010

											Deficit
											Accumulated
					Additional						During			Total
	Common stock				Paid- in			Subscription			Development			Stockholders
	Shares		Amount		Capital			Receivable			Stage			deficit

Balance April 7, 2006		-	$	-	$	-		$	-		$	-		$	-

Common stock issued at $0.001 per share on April 26, 2006		28,000,000		28,000		(21,000	)		(7,000	)		-			-

Net loss April 30, 2006												(1,279	)		(1,279	)
Balance April 30, 2006		28,000,000		28,000		(21,000	)		(7,000	)		(1,279	)		(1,279	)

Proceeds received from share subscription receivable		-		-		-			7,000			-			7,000

Common stock issued at $0.005 per share
May 1, 2006 thru April 30, 2007		12,400,000		12,400		3,100									15,500

Net loss for the period ending April 30, 2007												(9,867	)		(9,867	)
Balance April 30, 2007		40,400,000		40,400		(17,900	)		-			(11,146	)		11,354

Net loss for the period ending April 30, 2008												(29,351	)		(29,351	)
Balance April 30, 2008		40,400,000		40,400		(17,900	)		-			(40,497	)		(17,997	)

Net loss for the period ending April 30, 2009												(18,932	)		(18,932	)
Balance April 30, 2009		40,400,000		40,400		(17,900	)		-			(59,429	)		(36,929	)

Net loss for the period ending January 31, 2010												(17,039	)		(17,039	)
Balance January 31, 2010		40,400,000	$	40,400	$	(17,900	)	$	-		$	(76,468	)	$	(53,968	)

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

TECHS LOANSTAR, INC
(A DEVELOPMENT STAGE COMPANY)
STATEMENTS OF CASH FLOWS
(UNAUDITED)

							Period from
	Nine			Nine			Inception
	months ended			months ended			(April 7, 2006) to
	January 31, 2010			January 31, 2009			January 31, 2010

Operating activities:
Net loss	$	(17,039	)	$	(11,821	)	$	(76,468	)

Adjustments to reconcile net loss to net cash used in operating
activities:
Change in operating assets and liabilities:
Accounts payable and accrued liabilities		1,907			(1,979	)		22,256
Net cash used in operating activities		(15,132	)		(13,800	)		(54,212	)


Investing activities:								-
Net cash used in investing activities		-			-			-


Financing activities:
Proceeds from sale of common stock		-			-			22,500
Share subscription receivable		-			-			-
Shareholders loans		15,210			13,607			31,758
Net cash provided by financing activities		15,210			13,607			54,258


Net increase in cash and cash equivalents		78			(193	)		46

Cash and cash equivalents, beginning of period		(32	)		198			-

Cash and cash equivalents, end of period	$	46		$	5		$	46


Supplemental disclosures of cash flow information:
Cash paid during the year for interest	$	-		$	-		$	-
Cash paid during the year for taxes	$	-		$	-		$	-

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

TECHS LOANSTAR, INC.

(A Development Stage Company)

NOTES TO THE CONDENSED FINANCIAL STATEMENTS

(Unaudited)

January 31, 2010

NOTE 1 - CONDENSED 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 January 31, 2010, 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 condensed financial statements be read in conjunction with the financial statements and notes thereto included in the Company’s April 30, 2009 audited financial statements as amended and filed with the U.S. Securities and Exchange Commission (the “SEC”) on January 20, 2010. The results of operations for the periods ended January 31, 2010 and 2009 are not necessarily indicative of the operating results for the full years.

NOTE 2 -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. As of January 31, 2010 the Company has an accumulated deficit of $76,468. 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.

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. The accompanying financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.

NOTE 3- SUMMARY OF SIGNIFICANT ACCOUNTING PRACTICES

Accounting Basis

The Company is currently a development stage enterprise reporting under the provisions of Accounting Standards Codification ("ASC") 915 "Development Stage Entities", which was previously Statement of Financial Accounting Standards ("SFAS") No. 7.

Cash and Cash Equivalents

For the purpose of the financial statements cash equivalents include all highly liquid investments with maturity of three months or less.

Earnings (Loss) per Share

The basic earnings (loss) per share are calculated by dividing the Company's net income available to common shareholders by the weighted average number of common shares outstanding during the year. The diluted earnings (loss) per share are calculated by dividing the Company's net income (loss) available to common shareholders by the diluted weighted average number of shares outstanding during the year. The diluted weighted average number of shares outstanding is the basic weighted number of shares adjusted as of the first of the year for any potentially dilutive debt or equity. There are no diluted shares outstanding for any periods reported.

Dividends

The Company has not adopted any policy regarding payment of dividends. No dividends have been paid during the periods shown, and none are contemplated in the near future.

Income Taxes

The Company adopted FASB ASC 740, Income Taxes, at its inception. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets, including tax loss and credit carryforwards, and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. Deferred income tax expense represents the change during the period in the deferred tax assets and deferred tax liabilities. The components of the deferred tax assets and liabilities are individually classified as current and non-current based on their characteristics. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. No deferred tax assets or liabilities were recognized as of January 31, 2010.

Advertising

The Company will expense advertising as incurred. The advertising since inception has been $0.00.

Use of Estimates

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 revenue and expenses during the reporting period. Actual results could differ from those estimates.

Recently Issued Accounting Pronouncements

The Company has adopted all recently issued accounting pronouncements. The adoption of the accounting pronouncements, including those not yet effective, is not anticipated to have a material effect on the financial position or results of operations of the Company.

NOTE 4. RELATED PARTY TRANSACTIONS

During the nine months ended January 31, 2010 the Company received related party advances of $15,210. These advances are at 0% interest and are due on demand. As of January 31, 2010, the Company has a total of $31,758 due to related parties.

NOTE 5-SUBSEQUENT EVENTS

SHARE EXCHANGE TRANSACTION WITH ZENZUU USA, INC.

Pursuant to an Agreement Concerning the Exchange of Securities dated February 10, 2010(the "Share Exchange Agreement"), by and between the Company and ZenZuu USA, Inc., a Nevada corporation ("ZZUSA"), the Company and ZZUSA entered into a share exchange whereby all of the issued and outstanding capital stock of ZZUSA, were exchanged for like securities of the Company, (the "Share Exchange"). On February 17, 2010, the Company filed the Articles of Exchange with the Nevada Secretary of State (the "Articles of Exchange," and together with the Share Exchange Agreement, the "Plan of Exchange"). The Company filed Form 8-K on February 17, 2010 describing the Share Exchange as well as the business of ZZUSA and is incorporated herein by reference.

Upon completion of the Share Exchange Agreement, the Company ceased all operations relating to its historical business and adopted the business plan of ZZUSA. ZZUSA was incorporated on June 5, 2009 for the purpose of seeking a business opportunity in the online social network industry. On June 8, 2009 ZZUSA acquired 100 % of ZZPartners, Inc. (“ZZP”) in a share for share exchange. Currently, we have limited operations, and do not expect to have significant operations until we successfully commercialize the license described below.

ZZP was formed in April 2008 to acquire an exclusive license to use and operate in the United States, the online social database and advertising revenue-share model developed and maintained by ZenZuu, Inc. (“ZZI”), a Nevada corporation. ZZP signed a license agreement with ZenZuu, Inc. (“ZZI”), a Nevada corporation, setting forth the terms of a 10-year exclusive license (with successive ten-year renewal clauses) to use, in the United States, certain intellectual property of ZZI. ZZP began operations in June 2008 and in conjunction with ZZI, helped build membership to over 275,000 registrations on the web site. In early 2009 ZZP suspended operations due to the general economic climate as well as a lack of working capital. During this period ZZP was only able to generate nominal revenues.

In accordance with the Share Exchange, the Company's Board of Directors was reconstituted immediately following the effective time of the Share Exchange. Prior to the Effective Date, Mr. Gary Pizzacalla was the sole member of the Company's Board of Directors. Immediately following the Share Exchange, in accordance with the Company's bylaws and the Chapter 78 of the Nevada Revised Statutes, Mr. Pizzacalla appointed Henry Fong and Barry Hollander as directors of the Company and Mr. Pizzacalla resigned his position as a director, leaving Mr. Fong and Mr. Hollander as the sole members of the Board of Directors. Mr. Fong and Hollander were the sole directors of ZZUSA immediately prior to the Share Exchange. The Company filed Form 8-K on February 17, 2010 describing the Share Exchange, the business of ZZUSA and pro forma financial information and is incorporated herein by reference.

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

Overview

This interim report contains forward looking statements relating to our Company's future economic performance, plans and objectives of management for future operations, projections of revenue mix and other financial items that are based on the beliefs of, as well as assumptions made by and information currently known to our management. The words "expects", "intends", "plans", "believes", "anticipates", "may", "could", "should" and other similar expressions and variations thereof are intended to identify forward-looking statements. The cautionary statements set forth in this section are intended to emphasize that actual results may differ materially from those contained in any forward looking statement.

The following discussion should be read in conjunction with our financial statements and related notes included elsewhere in this report.

Techs Loanstar, Inc. ("Techs Loanstar," "the Company," "us", "our" or "we,") was incorporated in the State of Nevada as a for-profit company on April 7, 2006. We are a development-stage company formed to enter into the loan management services industry with proprietary loan management software applications that we intend to procure. The Company proposes to provide low cost, user friendly data base applications for the growing payday and equity loan industry.

Techs Loanstar was formed to compete with traditional loan management software developers by offering a range of consulting services and customized data base applications to pay-day and equity loan businesses.

The Company has not generated any revenues from inception nor during the fiscal quarter ended January 31, 2010. As of the fiscal quarter ended January 31, 2010 we had current accounts payable of $22,256. For the three and nine months ended January 31, 2010 we incurred operating expenses of $9,412 and $17,039 respectively. The expenses were comprised of professional fees and office and general expenses. For the three and nine months ended January 31, 2009 we incurred operating expenses of $4,852 and $11,821 respectively. The expenses were comprised of professional fees and office and general expenses. Since inception, Techs Loanstar has incurred operating losses of $76,468

We anticipate that our current cash and cash equivalents and cash generated from financing activities will be insufficient to satisfy our liquidity requirements for the next 12 months. We expect to incur product development, marketing and professional and administrative expenses as well expenses associated with maintaining our SEC filings. We will require additional funds during this time and will seek to raise the necessary additional capital.

Over the next 12 month period we must raise capital and start the staged procurement of our loan management software systems that we intend to license in stages and expand and enhance over time and as our business develops.

As of January 31, 2010, the sole officer and director had invested $7,000 and a total of 31 others have invested a further $15,500 through the purchase of common shares of the company. The Company has also received $31,758 in the way of shareholder loans. At the present time, we have not made any arrangements to raise additional cash. If we are unable to raise capital, we will either suspend development and marketing operations until we do raise the cash or cease operations entirely.

Off Balance Sheet Arrangements.

The Company does not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on the Company's financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to investors.

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

We are a smaller reporting company as defined by Rule 12b-2 of the Securities Act of 1934 and are not required to provide the information under this item.

ITEM 4T. CONTROLS AND PROCEDURES

Our management is responsible for establishing and maintaining adequate internal control over financial reporting. Internal control over financial reporting is defined in Rule 13a-15(f) or 15d-15(f) promulgated under the Securities Exchange Act of 1934 as a process designed by, or under the supervision of, the company's principal executive and principal financial officers and effected by the company's board of directors, management and other personnel, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with accounting principles generally accepted in the United States of America and includes those policies and procedures that:

- Pertain to the maintenance of records that in reasonable detail accurately and fairly reflect the transactions and dispositions of the assets of the Company;

- Provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with accounting principles generally accepted in the United States of America and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and

- Provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of the company's assets that could have a material effect on the financial statements.

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. All internal control systems, no matter how well designed, have inherent limitations. Therefore, even those systems determined to be effective can provide only reasonable assurance with respect to financial statement preparation and presentation. Because of the inherent limitations of internal control, there is a risk that material misstatements may not be prevented or detected on a timely basis by internal control over financial reporting. However, these inherent limitations are known features of the financial reporting process. Therefore, it is possible to design into the process safeguards to reduce, though not eliminate, this risk.

As of January 31, 2010 management assessed the effectiveness of our internal control over financial reporting based on the criteria for effective internal control over financial reporting established in Internal Control—Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission ("COSO") and SEC guidance on conducting such assessments. Based on that evaluation, they concluded that, during the period covered by this report, such internal controls and procedures were not effective to detect the inappropriate application of US GAAP rules as more fully described below. This was due to deficiencies that existed in the design or operation of our internal controls over financial reporting that adversely affected our internal controls and that may be considered to be material weaknesses.

The matters involving internal controls and procedures that our management considered to be material weaknesses under the standards of the Public Company Accounting Oversight Board were: (1) lack of a functioning audit committee due to a lack of a majority of independent members and a lack of a majority of outside directors on our board of directors, resulting in ineffective oversight in the establishment and monitoring of required internal controls and procedures; (2) inadequate segregation of duties consistent with control objectives; and (3) ineffective controls over period end financial disclosure and reporting processes. The aforementioned material weaknesses were identified by our Chief Executive Officer in connection with the review of our financial statements as of January 31, 2010.

Management believes that the material weaknesses set forth in items (2) and (3) above did not have an effect on our financial results. However, management believes that the lack of a functioning audit committee and the lack of a majority of outside directors on our board of directors results in ineffective oversight in the establishment and monitoring of required internal controls and procedures, which could result in a material misstatement in our financial statements in future periods.

In an effort to remediate the identified material weaknesses and other deficiencies and enhance our internal controls, we have initiated, or plan to initiate, the following series of measures:

We will create a position to segregate duties consistent with control objectives and will increase our personnel resources and technical accounting expertise within the accounting function when funds are available to us. And, we plan to appoint one or more outside directors to our board of directors who shall be appointed to an audit committee resulting in a fully functioning audit committee who will undertake the oversight in the establishment and monitoring of required internal controls and procedures such as reviewing and approving estimates and assumptions made by management when funds are available to us.

Management believes that the appointment of one or more outside directors, who shall be appointed to a fully functioning audit committee, will remedy the lack of a functioning audit committee and a lack of a majority of outside directors on our Board.

We will continue to monitor and evaluate the effectiveness of our internal controls and procedures and our internal controls over financial reporting on an ongoing basis and are committed to taking further action and implementing additional enhancements or improvements, as necessary and as funds allow.

There was no change in our internal controls over financial reporting that occurred during the period covered by this report, which has materially affected, or is reasonably likely to materially affect, our internal controls over financial reporting.

PART II. OTHER INFORMATION

Item 1. LEGAL PROCEEDINGS

None.

Item 1A. RISK FACTORS

We are a smaller reporting company as defined by Rule 12b-2 of the Securities Act of 1934 and are not required to provide the information under this item.

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

Subsequent Events

See footnote 5 to the financial statements.

ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K

(a) Exhibit index

Exhibit
31.1	Certification of Chief Executive Officer required by Rule 13a-14(a) or Rule 15d-14(a) under the Securities Exchange Act of 1934, as amended.

31.2	Certification of Chief Financial Officer required by Rule 13a-14(a) or Rule 15d-14(a) under the Securities Exchange Act of 1934, as amended.

32.1	Certification of Chief Executive Officer required by Rule 13a-14(b) or Rule 15d-14(b) under the Securities Exchange Act of 1934, as amended, and 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

32.2	Certification of Chief Financial Officer required by Rule 13a-14(b) or Rule 15d-14(b) under the Securities Exchange Act of 1934, as amended, and 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

(b) Reports on Form 8-K. During the fiscal quarter ended January 31, 2010, the Company did not file any Current Reports on Form 8-K:

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) 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.

Dated: March 22, 2010

TECHS LOANSTAR, INC.

By: /s/ Henry Fong

Henry Fong

President, Secretary Treasurer, Director

(Principal Executive Officer)