UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 10-Q

(Mark one)
x	QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the Quarterly Period Ended ~~May~~November 3130, 2013

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from _________________to

Commission File Number: 000-53164

Your Event, Inc.

(Exact name of registrant as specified in its charter)

Nevada		26-1375322
(State or Other Jurisdiction		(I.R.S. Employer
of Incorporation or Organization)		Identification No.)

1601 Pacific Coast Highway Suite 250, Hermosa Beach, CA		90254
(Address of principal executive offices)		(Zip Code)

Telephone: 310-698-0728

(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 Securities Exchange Act of 1934 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 [X] 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 [X] No [ ]

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.

Large accelerated filer o

Accelerated filer o

Non-accelerated filer o

Smaller reporting company [X]

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes [X] No o

APPLICABLE ONLY TO REGISTRANTS INVOLVED IN BANKRUPTCY
PROCEEDINGS DURING THE PRECEDING FIVE YEARS:

Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Section S 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court. Yes o No [X]

APPLICABLE ONLY TO CORPORATE ISSUERS

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date.

As of ~~July~~January 2213, ~~2013~~2014, the registrant’s outstanding common stock consisted of 1224,~~360~~243,~~000~~850 shares, $0.001 par value. Authorized – 70,000,000 common shares.

Table of Contents

Your Event, Inc.

Index to Form 10-Q

For the Quarterly Period Ended ~~May~~November 3130, 2013

PART I	Financial Information	3
ITEM 1.	Financial Statements	3
	Condensed Balance Sheets	3
	Unaudited Condensed Statements of Operations	4
	Unaudited Condensed Statements of Cash Flows	5
	Notes to the Unaudited Condensed Financial Statements	6
ITEM 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	109
ITEM 3.	Quantitative and Qualitative Disclosures About Market Risk	16
ITEM 4T.	Controls and Procedures	1716
PART II	Other Information	2019
ITEM 1.	Legal Proceedings	2019
ITEM 1A.	Risk Factors	2019
ITEM 2.	Unregistered Sales of Equity Securities and Use of Proceeds	2019
ITEM 3	Defaults Upon Senior Securities	2019
ITEM 4	Submission of Matters to a Vote of Security Holders	2019
ITEM 5	Other Information	2019
ITEM 6	Exhibits	2120
	SIGNATURES	2221

Part I. Financial Information

Item 1. Financial Statements

Your Event, Inc.

(A Development Stage Company)

Condensed Consolidated Balance Sheets

			May 31, 2013	August 31, 2012
		ASSETS	(Unaudited)	(Audited)
Current assets:
	Cash		$ 212,392	$ 127,988
	Prepaid expense		16,299	34,560
	Accounts receivable		783	-
	Deposits		3,830	-
		Total current assets	233,304	162,548
Fixed assets:
	Intangible asset, net accumulated depreciation
		of $692	2,868
	Furniture and equipment, net
		accumulated depreciation of $2,933	44,680	-
		Total fixed assets	47,549	-
TOTAL ASSETS			$ 280,853	$ 162,548
		LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
	Accounts payable and accrued liabilities		$ 13,749	$ 4,100
	Accounts payable - related party		6,500	-
	Due to former stockholder		524,501	524,501
	Due to officer		-	125,818
	Convertible note		470,244	-
	Loan payable		36,752	-
	Interest payable		3,622	-
		Total current liabilities	1,055,368	654,419
Stockholders' equity:
	Preferred stock, $0.001 par value, 5,000,000 shares		-	-
		authorized, none issued
	Common stock, $0.001 par value, 70,000,000 shares		12,360	11,000
		authorized, 12,360,000 and 11,000,000 issued and
		outstanding as of 5/31/13 and 8/31/12,
		Respectively
	Additional paid-in capital		395,390	124,750
	Deficit accumulated during development stage		(1,182,265)	(627,621)
		Total stockholders' equity	(774,515)	(491,871)
TOTAL LIABILITIES AND STOCKHOLDERS'
	EQUITY		$ 280,853	$ 162,548

(Unaudited)

			November 30, 2013	August 31, 2013
		ASSETS
Current assets:
	Cash		$ 47,112	$ 101,484
	Prepaid expense		11,979	6,764
	Accounts receivable		16,374	138,563
	Inventory		138,045	86,494
	Advance payment		43,642
	Deposits		4,322	4,322
		Total current assets	261,474	337,627

Fixed assets:
	Intangible asset, net accumulated depreciation
		of $1,742	7,685	3,571
	Furniture and equipment, net
		accumulated depreciation of $9231	51,766	48,554
		Total fixed assets	59,451	52,125
TOTAL ASSETS			$ 320,925	$ 389,752

		LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
	Accounts payable and accrued liabilities		$ 253,254	$ 208,711
	Loan payable		12,962	13,176
	Loan payable-related party		210,000	-
	Interest payable		413	-
		Total current liabilities	476,629	221,887

Long-term liabilities:
	Loan payable		17,283	20,333
	Total long-term liabilities		17,283	20,333
		Total liabilities	493,912	242,220

Stockholders' equity:
	Preferred stock, $0.001 par value, 5,000,000 shares		-	-
		authorized, none issued
	Common stock, $0.001 par value, 70,000,000 shares		23,244	23,244
		authorized, 23,243,835 and 23,243,835 issued and
		outstanding as of 11/30/13 and 8/31/13,
		Respectively
	Prepaid consulting fees paid in common stock		(1,143,351)	(1,209,314)
	Additional paid-in capital		2,689,073	2,689,073
	Deficit accumulated during development stage		(1,741,953)	(1,355,471)
		Total stockholders' equity	(172,987)	147,532
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY			$ 320,925	$ 389,752

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

Your Event, Inc.

(A Development Stage Company)

Condensed Consolidated Statements of Operations

(Unaudited)

			For the three months ending May 31, 2013	For the three months ending May 31, 2012	For the nine months ending May 31, 2013	For the nine months ending May 31, 2012	From October 30, 2007 (inception) to May 31, 2013
			For the three months ended November 30, 2013	For the three months ended November 30, 2012	From October 30, 2007 (inception) to November 30, 2013
Revenue			$ -119,007	$ -	$ -257,570	~~$ -~~	~~$ -~~
Expenses:
Cost of goods sold			67,790	-	143,822
	Acquisition costs		-	-	-	-	343,484
Gross profit			51,217	-	113,748
	Accounting fees		3,010	9,500	27,764	72,205	143,013
Expenses:
	Advertising		5,000	-	5,000	-	6,054
	Acquisition costs		-	-	343,484
	Operating expenses		141,391	316,618	336,375	342,968	484,650
	Accounting fees		23,935	3,042	126,440
	Operating expenses - related party		19,000	-	54,058	9,559	73,617
	Advertising		20,000	-	27,054
		Total operating expenses	168,401	326,118	423,197	424,732	1,050,818
	Operating expenses		369,524	341,326	1,188,257
Other expenses:
	Operating expenses - related party		23,667	19,058	106,225
	Foreign exchange loss		-	-	207	-	207
		Total operating expenses	437,126	363,426	1,791,460
	Interest expense		2,622	-	6,205	-	6,205
Other income and expenses:
	Loss on investment		-	-	125,035	-	125,035
	Foreign exchange loss/(gain)		11	207	68,946
		Total other expenses	2,622	-	131,447	-	131,447
	Interest expense/(income)		(584)	810	(8,152)
Net (Loss)			$ (171,023)	$ (326,118)	$ (554,644)	$ (424,732)	$ (1,182,265)
	(Loss) on investment		-	125,035	(125,035)
Weighted average number of common
		Total other expenses	(573)	126,052	(64,241)
	shares outstanding- basic		11,473,043	11,000,000	11,159,414	11,000,000
Net (Loss)			$ (386,482)	$ (489,478)	$ (1,741,953)
Net loss per share			$ (0.01)	$ (0.03)	$ (0.05)	$ (0.04)
Weighted average number of common
	shares outstanding- basic		23,243,835	11,000,000
Net loss per share			$ (0.00)	$ (0.04)

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

Your Event, Inc.

(A Development Stage Company)

Condensed Consolidated Statements of Cash Flows

(Unaudited)

			For the nine months ending May 31, 2013	For the nine months ending May 31, 2012	From October 30, 2007 (inception) to May 31, 2013
			For the three months ended November 30, 2013	For the three months ended November 30, 2012	From October 30, 2007 (inception) to November 30, 2013
OPERATING ACTIVITIES
Net loss			$ (~~554~~386,~~644~~482)	$ (~~424~~489,~~732~~478)	$ (1,~~182~~741,~~265~~953)
Adjustment to reconcile net loss to net cash
Adjustment to reconcile net loss from operations
	used by operating activities:
	to net cash used in operating activities:
	Changes in operating assets and liabilities:
	Depreciation and amortization		4,295	227	10,972
		Accounts receivable	(783)	-	(783)
	Amortization of prepaid stock compensation		65,963	-	184,449
		Depreciation	3,625	-	3,625
	Foreign exchange loss/(gain)		-	-	(69,400)
		Deposits	(3,830)	-	(3,830)
	Changes in operating assets:
		Prepaid expense	18,260	(53,318)	(16,300)
		Decrease (increase) in accounts receivable	123,984	(843)	151,780
		Accounts payable	9,649	3,667	13,749
		Decrease (increase) in accounts receivable	(1,795)	-	(140,358)
		Accounts payable - related party	6,500	-	6,500
		Decrease (increase) in deposits	-	(1,018)	(86,494)
		Accrued expense	-	(5,000)	-
		Decrease (increase) in inventory	(51,551)		(55,873)
		Interest payable	3,622	-	3,622
		Decrease (increase) in advance payment	(43,642)		(43,642)
Net cash (used) by operating activities			(517,601)	(479,383)	(1,175,682)
		Decrease (increase) in prepaid expense	(5,214)	519	(39,115)
	Changes in operating liabilities:
		Increase (decrease) in accounts payable	44,543	10,258	251,530
		Increase (decrease) in accrued interest payable	413	810	7,601
Net cash (used) by operating activities			(249,486)	(479,525)	(1,570,503)
INVESTING ACTIVITIES
	Purchase of furniture and equipment		(51,173)	-	(51,173)
	Purchase of intangible assets		(4,808)	(3,560)	(9,427)
Net cash (used) by investing activities			(51,173)	-	(51,173)
	Purchase of fixed assets		(6,815)	(4,681)	(60,998)
	Repurchase of treasury stock		-	-	(240,000)
Net cash (used) by investing activities			(11,623)	(8,241)	(310,425)
FINANCING ACTIVITIES
Proceeds from sale of common stock			-	-	15,000
Proceeds from due to former stockholder			-	-	524,501
Due to related party			616,426	-	742,244
Repayments for due to former stockholder			-	-	(51,733)
Bank loan			36,752	-	36,752
Proceeds from due to officer			210,000	510,561	1,198,044
Advances from former stockholder			-	477,679	524,501
Repayments for due to officer			-	(117,049)	(8,768)
Proceeds from notes payable			-	-	40,000
Repayments of notes payable			(3,263)	-	(9,754)
Proceeds from sale of common stock			-	-	115,000
Contribution to capital			-	-	120,750
Net cash provided by financing activities			~~653~~206,~~178~~737	~~477~~393,~~679~~512	1,~~439~~928,~~247~~040
NET INCREASE IN CASH			84(54,~~404~~372)	(194,~~704~~254)	~~212~~47,~~392~~112
CASH - BEGINNING OF THE PERIOD			~~127~~101,~~988~~484	2127,~~309~~988	-
CASH - END OF THE PERIOD			$ ~~212~~47,~~392~~112	$ ~~605~~33,734	$ ~~212~~47,~~392~~112
SUPPLEMENTAL DISCLOSURES:
Interest paid			-	-	-
Income taxes paid			-	-	-
Non-cash transactions	Stock issued for repayment of debt		272,000	-	272,000
Stock payable			-	-	-
Non-cash transactions:
	Amortization of prepaid stock compensation		65,963	-	184,449

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

Your Event, Inc.

(A Development Stage Company)

Notes to the Condensed ~~Unaudited~~Consolidated Unaudited Financial Statements

~~May~~November 3130, 2013

(Unaudited)

NOTE 1 - FINANCIAL STATEMENTS

The financial data presented herein is unaudited and should be read in conjunction with the financial statements and accompanying notes included in the ~~2012~~2013 Annual Report on Form 10-K filed by Your Event, Inc. (which, unless the context requires otherwise, shall be referred to herein as the “Company”). 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 ~~May~~November 3130, 2013 and for all periods presented 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 (“U.S. GAAP”) 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 August 31, ~~2012~~2013 audited financial statements. The results of operations for the periods ended ~~May~~November 3130, 2013 and ~~May~~November 3130, 2012 are not indicative of the operating results for the full year.

NOTE 2 - GOING CONCERN

These condensed financial statements have been prepared in accordance with U.S. GAAP applicable to a going concern which contemplates the realization of assets and the satisfaction of liabilities and commitments in the normal course of business. As of ~~May~~November 3130, 2013, the Company has ~~not~~generated ~~recognized~~$119,006 ~~any~~for ~~revenues~~this ~~and~~quarter and has accumulated operating losses of $1,~~182~~741,~~265~~953 since inception. The Company's ability to continue as a going concern is contingent upon the successful completion of additional financing arrangements and its ability to achieve profitable operations. Management plans to raise equity capital to finance the operating and capital requirements of the Company. Amounts raised will be used for the acquisition of business across several industry sectors through the implementation of well-defined management strategies. While the Company is putting forth its best efforts to achieve these plans, there is no assurance that any such activity will generate funds that will be available for operations.

These conditions raise substantial doubt about the Company's ability to continue as a going concern. These financial statements do not include any adjustments that might arise from this uncertainty.

NOTE 3 - SIGNIFICANT ACCOUNTING POLICIES

Critical Accounting Policies and Estimates

Revenue Recognition: We recognize revenue from product sales once all of the following criteria for revenue recognition have been met: pervasive evidence that an agreement exists; the services have been rendered; the fee is fixed and determinable and not subject to refund or adjustment; and collection of the amount due is reasonably assured.

Use of Estimates: The preparation of financial statements in conformity with U.S. GAAP 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.

Your Event, Inc.

(A Development Stage Company)

Notes to the Condensed ~~Unaudited~~Consolidated Unaudited Financial Statements

~~May~~November 3130, 2013

(Unaudited)

NOTE 3 - SIGNIFICANT ACCOUNTING POLICIES

Critical Accounting Policies and Estimates

Intangible assets

The Company follows Financial Accounting Standard Board’s (FASB) Codification Topic 350-50 (“ASC 350-50”), “Intangibles – Goodwill and Other” to determine the method of amortization of its intangible assets. The Company’s intangible assets are capitalized at historical cost and are amortized over their useful lives.

Inventory

The Company is a wholesaler/distributor that receives orders from clients and then places the order needed from the factory supplier. Merchandise is then shipped directly from the factory supplier to the client. Part of the orders are purchased directly by the client upon delivery, with the remainder on consignment.

NOTE 4 - RECENT ACCOUNTING PRONOUNCEMENTS

The Company has evaluated all recent accounting pronouncements and believes that none of them will have a material effect on the Company's financial position and results of operations.

NOTE 5 – RELATED PARTY BALANCES AND TRANSACTIONS

The Company received funding from its former majority stockholder to fund the operating costs of the Company. Advances received from this stockholder amounted to $524,501 as of May 31, 2013. The debt is due upon financial stability and ability to cash flow payments.

An officer of the Company loaned the Company $979,275. In December, 2012, $739,375 of this debt was converted into a Convertible Note due and payable on December 31, 2014. The $240,000 difference in loans were converted under a separate arrangement. Interest on the unpaid principal balance of this Note shall be calculated at the rate of one point five percent (1.5%) per annum with accrued and unpaid interest being payable on the Maturity Date. The Note Holder may elect to convert all or part of the principal of this Convertible Note and any accrued and unpaid interest at any time before December 31, 2014. The conversion price shall be at a price of $0.20 per unregistered restricted common share. The Company has analyzed the Convertible Note for a beneficial conversion feature and found that no beneficial conversion feature should be recognized, as both the stock price on the commitment date and the conversion price are the same.

On April 30, 2013, the Board authorized the conversion of $270,561.34 principal debt and $1,438.66 interest to 1,360,000 restricted common shares of the Company. In addition, the sum of $1,062.35, representing the outstanding interest owed on the December 2012 notes, was paid.

Your Event, Inc.

(A Development Stage Company)

Notes to the Condensed ~~Unaudited~~Consolidated Unaudited Financial Statements

~~May~~November 3130, 2013

(Unaudited)

NOTE 65 – ~~ADJUSTMENT TO PRIOR PERIOD~~SUBSIDIARY

During the quarter ended November 30, 2012, the Company made an error that recorded the assignment of newly acquired shares to the two officers in order to return the loans from them. Management did not believe this was material to be restated in the prior quarter, and this error has been corrected by debiting the account “Due to Officer” by $240,000 and crediting “Legal fees” by $240,000. The following shows the accounts before and after the adjustment:

Balance Sheet

	As filed for the three months ended November 30, 2012	As adjusted	Difference
Current liabilities:
Loan payable - related party	510,561	270,561	(240,000)
Total current liabilities	1,058,998	818,998	(240,000)
Stockholders equity:
Deficit accumulated during development stage	(1,117,099)	(877,199)	240,000
Total stockholders' equity	(981,349)	(741,349)	240,000
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	77,649	77,649	-

Statement of Operations

	As filed for the three months ended November 30, 2012	As adjusted	Difference
Expenses:
Operating expenses	341,326	101,326	(240,000)
Total operating expenses	363,426	123,426	(240,000)
Net (loss)	(489,478)	(249,478)	240,000
Net loss per share	(0.04)	(0.02)	0.02

This $240,000 reduction in expense had the effect of reducing operating expenses from $363,426 to $123,426, net loss from $(489,478) to $(249,478) and net loss per share from $(0.04) per share to $(0.02) per share.

Your Event, Inc.

(A Development Stage Company)

Notes to the Condensed Unaudited Financial Statements

May 31, 2013

(Unaudited)

NOTE 7 – SUBSIDIARY

On September 3, 2012, the Company incorporated a newly formed a wholly-owned subsidiary, named YEVN JAPAN, Inc., in Japan. The Company’s management formed this subsidiary in order to facilitate the future business operations in Japan. The proposed focus of this new subsidiary was to plan, operate and administer major events in Japan, not limited to conducting public exhibitions.

On October 12, 2012, the Company moved its corporate headquarters from Intex Bldg. 2F, 2-7-11 Nishi Gotanda, Shinagawa-Ward, Tokyo, Japan 141-0031 to 1601 Pacific Coast Highway Suite 250, Hermosa Beach, CA 90254. Management believes California is where the new business opportunity lies for the Company. Management is currently working to establish and grow its business there. Upon moving its corporate headquarters to California, management concluded the Company no longer needed a subsidiary in Japan. Prior to closing the subsidiary, all liabilities were settled and the subsidiary had no assets.

NOTE 86 – LOAN PAYABLE

On February 15, 2013 the Company entered into a Promissory Note with a bank for the principal amount of $40,000. Interest on the unpaid principal balance of this Note shall be calculated at the rate of two point five seven percent (2.57%) per annum with a Maturity Date of February 15, 2016. Payments of $1,156.20 are due monthly until the Maturity Date. This Note may be paid earlier than due without penalty. The Company’s Certificates of Deposit in an amount equal to the principal have been used as collateral on this Note.

NOTE 97 – ~~SUBSEQUENT~~RELATED ~~EVENTS~~PARTY LINE OF CREDIT

~~The~~On November 1, 2013, the Company ~~has~~entered ~~evaluated~~into a Promissory Note ~~subsequent~~with ~~events~~C-Five ~~through~~Management, ~~July~~a 22Japanese corporation for the principal sum of $1,000,000 ~~2013~~USD (the Credit Limit), or such lesser amount. The Company promises to pay to C-Five Management a simple rate per annum equal to one point five percent (1.5%) per annum. The outstanding principal amount of the ~~date~~Note and all accrued interest thereon shall be due and payable on ~~which~~or ~~the~~before ~~financial~~December ~~statements~~31, 2014. ~~were~~Any ~~available~~principal and interest not paid when due, and any other amount payable by our company and not paid when due, shall bear interest at the simple rate of fourteen point size percent (14.6%). There is no arrangement to bemaintain ~~issued~~compensating balances with a bank in relation with this line of credit. The Company received $165,000 on October 8, 2013 and $45,000 on November 25, 2013 for an outstanding balance of $210,000 as of November 30, 2013.

9 NOTE 8 – SUBSEQUENT EVENTS

The Company has evaluated subsequent events through January 6, 2013, the date on which the financial statements were available to be issued.

On March 20, 2013, the Company entered into an agreement with Infinity Holdings as Consultant, whereby Infinity Holdings would be entitled to receive 1,000,000 shares of common stock upon such time as the Company completes equity financing from third parties. Upon completion of the equity financing, these shares were subsequently issued on December 4, 2013.

On January 3, 2014, the Company filed DEF 14C, Definitive Information Statements, with the SEC to announce the amendment to the Articles of Incorporation in order to change the Company’s name from “Your Event, Inc.” to “Hello Sports, Inc.” This name change will become effective January 27, 2014.

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

Forward-Looking Information

This Quarterly Report on Form 10-Q contains forward-looking statements. When used in this Quarterly Report on Form 10-Q, the words "anticipate," "believe," "estimate," "will," "plan," "seeks," "intend," and "expect" and similar expressions identify forward-looking statements. Although we believe that our plans, intentions, and expectations reflected in any forward-looking statements are reasonable, these plans, intentions, or expectations may not be achieved. Our actual results, performance, or achievements could differ materially from those contemplated, expressed, or implied, by the forward-looking statements contained in this Quarterly Report on Form 10-Q. Important factors that could cause actual results to differ materially from our forward-looking statements are set forth in this Quarterly Report on Form 10-Q All forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by the cautionary statements set forth in this Quarterly Report on Form 10-Q. Except as required by federal securities laws, we are under no obligation to update any forward-looking statement, whether as a result of new information, future events, or otherwise. In this Form 10-Q, the "Company," "we," "us," and "our" refer to Your Event, Inc. unless the context otherwise requires.

Critical Accounting Policies

There have been no material changes to our critical accounting policies and estimates from the information provided in Item 7, "Management's Discussion and Analysis of Financial Condition and Results of Operations", included in our Annual report on Form 10-K for the fiscal year ended August 31, 2012.

Results of Operations

Overview of Current Operations

Your Event, Inc. (the “Company” or the “Registrant”) was incorporated in the state of Nevada on October 30, 2007. ~~We have not generated any revenue to date and we are a development stage company.~~

AtThe ~~the~~company ~~Company’s~~has ~~inception~~positioned itself to sell and market products under a well-known licensed brand, specifically, Hello Kitty. Your Event~~, Inc.~~ ~~focused~~signed ona ~~becoming~~Distribution anAgreement ~~event~~with ~~planning~~Sanrio as ~~company~~their ~~primarily~~exclusive ~~serving~~wholesaler ~~the~~and ~~Las~~distributor ~~Vegas,~~of ~~Nevada~~Hello ~~market.~~Kitty ~~Its~~apparel ~~goal~~and ~~included~~hard ~~the~~goods ~~planning~~that will be sold ofthrough ~~corporate~~the ~~events~~Major ~~such~~League asBaseball ~~conventions~~("MLB") teams, ~~business~~during ~~conferences,~~the ~~and~~2013 ~~product~~baseball ~~launches~~season, asinitially ~~well~~in asCalifornia. ~~social~~Management expects ~~events~~to ~~such~~expand asits ~~weddings, reunions,~~product ~~and~~line ~~anniversaries,~~distribution ~~and~~on ~~develop~~a ~~and~~national ~~implement~~level aduring ~~marketing~~the ~~and~~2014 ~~sales~~baseball ~~program~~season. The co-branded products are to ~~sell~~be ~~these~~approved ~~event~~and ~~planning~~manufactured ~~services~~by Sanrio.

109

~~The~~Sales ~~company recently entered into a Distribution Agreement with Sanrio, a Japanese company, as their exclusive wholesaler and distributor~~ of Hello Kitty apparel and hard goods that will be sold through a licensing agreement with the Major League Baseball ("MLB") teams, initially in California. The co-branded products are to be approved by MLB and Sanrio, then manufactured by Sanrio. In accordance with the Distribution Agreement, sales of such products are limited to the following retail channels:

a) Retail stores on the premise of "MLB" ballparks;

b) Retail stores owned by and directly controlled by MLB;

c) Online stores directly operated by MLB

~~The~~Our ~~Company’s~~ website is: http://yevn.us

~~Products~~Our Mission

~~YEVN~~“Our ~~plans~~mission is to ~~market~~build ~~and~~a ~~sell~~multi-generational fan ~~Hello~~base.” ~~Kitty~~Our ~~apparel~~mission is accomplished by assisting professional sports teams in acquiring fans from the younger generation. ~~and~~As ~~merchandise~~these atyounger fans develop a ~~wide~~loyalty ~~range~~to ofthe ~~retail~~team, ~~sales~~it ~~prices.~~is ~~The~~anticipated ~~apparel~~that ~~products~~these ~~consist~~young ~~of:~~fans eventually pass their team-specific enthusiasm to their children and grandchildren.

Our Business

We plan to market and sell Hello Kitty apparel and merchandise at a wide range of retail sales prices. Our Hello Kitty apparel products consist of:

· T-Shirts

· Outerwear

· Fleece Jackets

· Adjustable Baseball Caps (baseball caps that are sized, fitted and adjustable)

~~The~~We ~~Company~~ also ~~plans~~plan to market and sell Hello Kitty hard goods that consist of:

· tote bags

· coin purses

· cell phone covers

· pins

· ball point pens

· eyeglass frames

· plush seat cushions

· plush dolls

· keychains

· stickers, all with the Hello Kitty likenesses.

~~Distribution Plan~~ 10

~~The~~Manufacturing ~~Company plans to market its products at multiple price points which will open channels of products to a broad range of consumers. The Company has become a licensee~~ and ~~supplier~~ ofSourcing a brand name product. Management’s strategy is to seek other sports licenses that will enable the Company to offer a range of products targeting different price points and different distribution channels.

11We arrange for the production of products from independent manufacturers located primarily in Shenzen and Shanghai, China.

~~The~~Our ~~Company’s~~ headquarters in California provide the liaison offices with production orders stating the quantity, quality, delivery time and types of products to be produced. We assist in the negotiation and placement of orders with manufacturers. In allocating production among independent suppliers, we consider a number of criteria, including, but not limited to, quality, availability of production capacity, pricing and ability to meet changing production requirements.

The manufacture of the substantial majority of our products is performed manually. A pattern is used in cutting fabric to panels that are assembled in the factory. All sub-materials are also added at this time. The products are inspected throughout this process to insure that the design and quality specifications of the order are being maintained as the garment is assembled. After pressing, cleaning and final inspection, the product is labeled and ready for shipment.

Our company is solely responsible for all matters pertaining to the conceptual design and development of all merchandise co-branded between Hello Kitty Merchandise and Major League Baseball, however the final approvals on these designs and products lies with Major League Baseball and Sanrio, the Licensors.

As is customary, we have not entered into any long-term contractual arrangements with any vendor or manufacturer. We believe that the production capacity of foreign manufacturers with which we have developed, or are developing, a relationship is adequate to meet our production requirements for the foreseeable future. We believe that alternative foreign manufacturers are readily available.

A majority of all finished goods manufactured for us is drop-shipped to our customers and/or distribution facilities or to designated third party facilities for final inspection and allocation. The goods are delivered to our customers by independent shippers. We choose the form of shipment (principally ship, truck or air) based upon a customer’s needs, cost and timing considerations.

Our Pricing Plan

We plan to market our products at multiple price points allowing us to provide products to a broad range of consumers. As a result of our broad distribution platform, we are a licensee and supplier of a premier branded name product. Our strategy is to seek sports licenses that will enable us to offer a range of products targeting different price points and different distribution channels.

Marketing and Distribution

Our products will be sold primarily to sports stores owned and operated by major league baseball teams in the United States and Canada. WeIn addition, our products will be sold through mlb.com. We initially bebegan selling products to the major league baseball teams in California.

Seasonality

We anticipate that retail sales of our products will be seasonal in nature. Sales of sports apparel will constitute a significant portion of our sales. Since our primary customers will consist of major league baseball teams, we expect during the off-season, we will generate limited revenues as compared to when the baseball season is in session

Competition

We have numerous competitors with respect to the sale of our products, including distributors that import products from abroad and domestic retailers with established foreign manufacturing capabilities. Some of our competitors have greater financial and marketing resources and greater manufacturing capacity than we do. In addition, many of these competitors have significantly greater experience than we do in their respective fields. We also compete with vertically integrated manufacturers that also own retail stores. Our retail business competes against a diverse group of retailers, including, among others, other outlet stores, department stores, specialty stores, warehouse clubs and e-commerce retailers. Sales of our products are affected by style, price, quality, brand reputation and general fashion trends.

Employees

The Company has nofour employees and ~~five~~seven Directors, ~~three~~two of whom are also Officers of the Company. Our Officers perform all of the job functions for the Company. The Company has no no intention at this time to add employees until it can become a profitable entity. The Company from time -to -time may retain independent consultants in connection with its operations.

Properties

Our offices are currently located at 1601 Pacific Coast Highway Suite 250, Hermosa Beach, CA 90254. Management believes that its current leased facilities are ~~adequate~~not adequate for its needs ~~through the next twenty-four months,~~ and that, ~~should~~management itis belooking ~~needed,~~for ~~suitable~~another ~~additional~~office ~~space~~location ~~will be available~~ to accommodate ~~expansion~~its ofadministrative ~~the Company's~~ operations on commercially reasonable terms, although there can be no ~~assurance~~assurances in this regard.

Your Event, Inc.'s Funding Requirements

Management believes the Company will require additional funding to sustain its operations. There is no assurance that we will have sufficient revenue in the future or that we will be able to secure the necessary funding to develop our business. Without additional funding, it is most likely that our business model will fail, and we shall be forced to cease operations.

13Results of Operations for the quarter ended November 30, 2013

Results of Operations for the quarter ended May 31, 2013

Revenues

Since inception on October 30, 2007, the Company has generated no$257,570 in revenues resulting in a gross profit of $113,748. This resulted in a profit margin of 44% realized on revenue. For the quarter ended November 30, 2013, the Company generated $119,007 resulting in a gross profit of $51,217. This resulted in a profit margin of 43% realized on revenue.

During the quarter ended ~~May~~November 3130, 2013, ~~the~~ the Company had unaudited $~~212~~41,~~392~~112 in cash and a prepaid expense of $1611,~~299~~979, accounts receivable of $~~783~~16,374, inventory of $138,045, advance payment of $43,642 and deposits of $34,~~830~~322 for a total current assets of $~~233~~261,~~304~~474. Current liabilities, as ~~compared~~of toNovember ~~audited~~30, 2013, ~~cash~~consisted of accounts payable and accrued liabilities of $~~127~~252,~~988 and~~254, loan payable of $3412,~~560~~962, inloan ~~prepaid~~payable-related ~~expenses~~party ~~for~~of $210,000 ~~total~~and ~~current~~interest ~~assets~~payable of $~~162,548~~413 for ~~the~~total ~~year~~current ~~ended~~liabilities ~~August~~of 31$476, ~~2012~~629.

~~During~~This ~~the~~compares ~~three~~to ~~months~~audited ~~ended~~cash ~~May~~of 31$101, ~~2013~~484, ~~the~~prepaid ~~Company~~paid ~~had total operating~~ expenses of $~~168~~6,~~401~~764, asaccounts ~~compared~~receivable toof ~~total~~$138,563, ~~operating~~inventory ~~expenses~~ of $~~326~~86,~~118~~494 ~~for~~and ~~the~~deposits ~~same period last year. The difference in expenses represented operating expenses~~ of $~~141~~4,~~391,~~322 ~~accounting~~for ~~fees~~total current assets of $3337,~~010~~627 ~~and~~for ~~advertising~~the ~~expenses of~~year $5ended August 31,~~000~~ 2012. ~~The~~Current ~~net~~liabilities ~~loss~~ for the ~~three~~year ~~months~~ ended ~~May~~August 31, 2013 ~~was~~consisted of accounts payable and accrued liabilities of $~~(171~~208,~~023)~~711, ~~versus~~and a ~~net~~loan ~~loss~~payable of $~~(326~~13,~~118)~~176 for ~~the~~total ~~same~~current ~~period last~~liabilities ~~year~~of $221,887.

During the ~~nine~~three months ended ~~May~~November 3130, 2013, the Company had total operating expenses of $~~423~~437,~~197~~126, as compared to total operating expenses of $~~424~~363,~~732~~426 for the same period ~~last~~ last year. The ~~decrease in~~ expenses represented in the operating expenses ofwere $~~336~~23,~~375,~~935 in accounting fees, of $2720,~~764,~~000 in advertising ~~fees~~expenses, $369,524 ofin operating expenses and $523,~~000 and~~667 in operating expenses -with a related party ~~of $54,058~~. The net (loss) for the ~~nine~~three months ended November ~~May 31~~30, 2013 was $(~~554~~386,~~644~~482) versus a net loss of $(~~424~~489,~~732~~478) for the same period last year. ~~Since inception on October 30, 2007, the Company has incurred total operating expenses of $1,050,818 and a net loss of $(1,182,265) through the period ended May 31, 2013.~~

~~The Company used net cash in operations of~~13 $(517,601) and $(1,175,682) during the nine month period ended May 31, 2013 and the period from inception to May 31, 2013, respectively, net cash in investing activities to purchase furniture and equipment of $(51,173) during the nine month period ended May 31, 2013; and generated cash of $653,178 and $1,439,247 from financing activities during the nine month period ended May 31, 2013 and the period from inception to May 31, 2013, respectively. The funds generated from financing activities were from related party financing, advances from a former stockholder and bank loan.

14The Company used net cash in operations of $(249,486) and $(1,570,503) during the three month period ended November 30, 2013 and the period from inception to November 30, 2013, respectively, net cash in investing activities of $(11,623) during the three month period ended November 30, 2013; and generated cash of $206,737 and $1,928,040 from financing activities during the three month period ended November 30, 2013 and the period from inception to November 30, 2013, respectively. The funds generated from financing activities were from related party financing, advances from stockholders and bank loan.

Plan of Operation

Management does not believe that the Company will be able to generate any significant profit during the coming year. The Company's need for capital may change dramatically if it can generate revenues from its operations. There are no assurances additional capital will be available to the Company on acceptable terms.

Future funding could result in potentially dilutive issuances of equity securities, the incurrence of debt, contingent liabilities and/or amortization expenses related to goodwill and other intangible assets, which could materially adversely affect the Company's business, results of operations and financial condition. Any future funding might not be available on terms favorable to the Company, or at all, and such financing, if available, might be dilutive.

Going Concern

The Company experienced operating losses of $(1,~~182~~741,~~265~~953) since its inception on October 30, 2007 through the period ended ~~May~~November 3130, 2013. The financial statements have ~~been~~ been prepared assuming the Company will continue to operate as a going concern which contemplates the realization of assets and ~~the~~ the settlement of liabilities in the normal course of business. No adjustment has been made to the recorded amount of assets or ~~the~~ the recorded amount or classification of liabilities which would be required if the Company were unable to continue its operations. (See Financial Footnote 2.)

Summary of any product research and development that we will perform for the term of our plan of operation.

We do not anticipate performing any additional significant product research and development under our current plan of operation.

Expected purchase or sale of plant and significant equipment

We do not anticipate the purchase or sale of any plant or significant equipment as such items are not required by us at this time.

Significant changes in the number of employees

As of ~~May~~November 3130, 2013, we ~~did~~had ~~not~~four ~~have~~employees, seven ~~any~~Directors, ~~employees~~two of whom are also Officers of the Company. . We are dependent upon our officers and directors for our future business development. As our operations expand we anticipate the need to hire additional employees, consultants and professionals; however, the exact number is not quantifiable at this time.

Liquidity and Capital Resources

As of ~~May~~November 3130, 2013, the Company had total ~~current~~ current assets of $~~233~~261,~~304~~474 and total current liabilities of $1476,~~055,368~~629. The Company has limited financial resources available, which ~~has~~ has had an adverse impact on the Company's liquidity, activities and operations. Without realization of additional capital, it ~~would~~ would be unlikely for the Company to continue as a going concern. In order for the Company to remain a Going Concern it will need to to generate revenues or find additional capital. Additional working capital may be sought through additional debt or equity private placements, additional notes payable to banks or related parties (officers, directors or stockholders), or from other available funding sources at market rates of interest, or a combination of these. The ability to raise necessary financing will depend on many factors, including the nature and prospects of any business to be acquired and the economic and market conditions prevailing at the time financing is sought. No assurances can be given that any new financing can be obtained to future the Company's business plan.

No officer or director received stock options or other non-cash compensation since the Company's inception through May 31, 2013. The Company has no employment agreements in place with its officers.

Off-Balance Sheet Arrangements

We do not have any 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 or operations, liquidity, capital expenditures or capital resources that is material

to investors.

Critical Accounting Policies and Estimates

Item 3. Quantitative and Qualitative Disclosures about Market Risk

Not required for smaller reporting companies.

Item 4T. Controls and Procedures

Evaluation of Disclosure Controls and Procedures

Our disclosure controls and procedures, as defined in Rule 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), are designed to ensure that information required to be disclosed in reports filed or submitted under the Exchange Act is recorded, processed, summarized, and reported within the time periods specified in rules and forms adopted by the SEC, and that such information is accumulated and communicated to management, including the Chief Executive Officer and the Chief Financial Officer, to allow timely decisions regarding required disclosures.

Management, with the participation of the Chief Executive Officer and the Chief Financial Officer, has evaluated the effectiveness of our disclosure controls and procedures as of the end of the period covered by this report. Based on such evaluation, the Chief Executive Officer and the Chief Financial Officer concluded that, our disclosure controls and procedures were not effective. Our disclosure controls and procedures were not effective because of the "material weaknesses" described below under "Management's report on internal control over financial reporting," which are in the process of being remediated as described below under "Management Plan to Remediate Material Weaknesses."

Management's Report on Internal Control over Financial Reporting

Our management is responsible for establishing and maintaining adequate internal control over financial reporting. Internal control over financial reporting, as defined in rules promulgated under the Exchange Act, is a process designed by, or under the supervision of, our Chief Executive Officer and Chief Financial Officer and affected by our 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 GAAP. Internal control over financial reporting 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 our assets;

· provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with GAAP, and that our receipts and expenditures are being made only in accordance with authorizations of our management and our Board of Directors; and

· provide reasonable assurance regarding prevention or timely detection of unauthorized aacquisition, use or disposition of our assets that could have a material effect on our financial statements

Because of its inherent limitations, a system of internal control over financial reporting can provide only reasonable, not absolute, assurance that the objectives of the control system are met and may not prevent or detect misstatements. Internal control over financial reporting is a process that involves human diligence and compliance and is subject to lapses in judgment and breakdowns resulting from human failures. Internal control over financial reporting also can be circumvented by collusion or improper override. Because of such limitations, 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, and it is possible to design into the process safeguards to reduce, though not eliminate, this

risk. Further, over time control may become inadequate because of changes in conditions or the degree of compliance with the policies or procedures may deteriorate.

Our management assessed the effectiveness of our internal control over financial reporting as of ~~May~~November 3130, 2013. In making its assessment, management used the criteria established in Internal Control-Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission ("COSO"). Based on its assessment, management has concluded that we had certain control deficiencies described below that constituted material weaknesses in our internal controls over financial reporting. As a result, our internal control over financial reporting was not effective as of ~~May~~November 3130, 2013.

A "material weakness" is defined under SEC rules as a deficiency, or a combination of deficiencies, in internal control over financial reporting such that there is a reasonable possibility that a material misstatement of a company's annual or interim financial statements will not be prevented or detected on a timely basis by the company's internal controls. As a result of management's review of the investigation issues and results, and other internal reviews and evaluations that were completed after the end of quarter related to the preparation of management's report on internal controls over financial reporting required for this quarterly report on Form 10-Q, management concluded that we had material weaknesses in our control environment and financial reporting process consisting of the following:

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;

We do not believe the material weaknesses described above caused any meaningful or significant misreporting of our financial condition and results of operations for the quarter ended ~~May~~November 3130, 2013. 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.

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Management Plan to Remediate Material Weaknesses

Management is pursuing the implementation of corrective measures to address the material weaknesses described above. 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 have just appointed one outside director to our board of directors 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.

We believe the remediation measures described above will remediate the material weaknesses we have identified and strengthen our internal control over financial reporting. We are committed to continuing to improve our internal control processes and will continue to diligently and vigorously review our financial reporting controls and procedures. As we continue to evaluate and work to improve our internal control over financial reporting, we may determine to take additional measures to address control deficiencies or determine to modify, or in appropriate circumstances not to complete, certain of the remediation measures described above.

Changes in Internal Control over Financial Reporting

There were no changes in our internal control over financial reporting (as such term is defined in Rules 13a-15(f) and 15d-15(f) of the Exchange Act) during the most recent fiscal quarter that have materially affected, or are reasonably likely to materially affect, our internal control over financial

reporting.

This quarterly report does not include an attestation report of the Corporation's registered public accounting firm regarding internal control over financial reporting. Management's report was not subject to attestation by the Corporation's registered public accounting firm pursuant to temporary rules of the SEC that permit the Corporation to provide only the management's report in this quarterly report.

1918

PART II. OTHER INFORMATION

Item 1 -- Legal Proceedings

From time to time, we may become involved in various lawsuits and legal proceedings which arise in the ordinary course of business. However, litigation is subject to inherent uncertainties, and an adverse result in these or other matters may arise from time to time that may harm our business.

We are not presently a party to any material litigation, nor to the knowledge of management is any litigation threatened against us, which may materially affect us.

Item 1A - Risk Factors

See Risk Factors set forth in Company's ~~Current~~Annual Report on Form 810-K, dated ~~June~~August 431, 2013, and filed with the Commission on ~~June~~December 1116, 2013, and the discussion in Item 1, above, ~~under~~ under "Liquidity and Capital Resources."

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

~~On April 30, 2013, the Board authorized the conversion of $270,561~~None.~~34 principal debt and $2,162.81 interest to 1,360,000 restricted common shares of the Company.~~

Item 3 -- Defaults Upon Senior Securities

None.

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

None.

Item 5 -- Other Information

2019

Item 6 -- Exhibits

Exhibit Number	Ref	Description of Document
31.1		Certification of Principal Executive and Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.2		Certification of Principal Accounting Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32.1		Certification of Principal Executive and Financial Officer pursuant to 18 U.S.C. Section 1350 as adopted pursuant to section 906 of the Sarbanes-Oxley Act of 2002.
32.1		Certification of Principal Executive Officer pursuant to 18 U.S.C. Section 1350 as adopted pursuant to section 906 of the Sarbanes-Oxley Act of 2002.
32.2		Certification of Principal Accounting Officer pursuant to 18 U.S.C. Section 1350 as adopted pursuant to section 906 of the Sarbanes-Oxley Act of 2002.

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SIGNATURES

Pursuant to the requirements 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.

	Your Event, Inc. Registrant
Date: July 22, 2013	/s/ Masaya Konishi
Date: January 13, 2014	/s/ Takahito Yasuki
	Name: Masaya Konishi
	Name: Takahito Yasuki
	Title: Chief Executive Officer, Director
	Title: Principal Executive Officer Principal Financial Officer and Director

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