SECURITIES AND EXCHANGE COMMISSION ~~Washington, D.C. 20549~~

Washington, D.C. 20549

FORM 10-Q

(Mark One)

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

For the quarterly period ended ~~September 30~~March 31, ~~2017~~2018

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

For the transition period from __ to ___

Commission File No. 000-55391

POWERCOMM HOLDINGS INC.
(Exact name of registrant as specified in its charter)

Delaware		47-3152668
(State or other jurisdiction of		(I.R.S. Employer
incorporation or organization)		Identification No.)

3429 Ramsgate Terrace

Alexandria, VA 22309

(Address of principal executive offices) (zip code)

571-259-8773
(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 ☒☐ 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 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 large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer	☐	Accelerated filer	☐
Non-accelerated filer	☐ (Do not check if a smaller reporting company)	Smaller Reporting Company	☒
Emerging growth company	☒

Indicate by checkmark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(1) of the Exchange Act. ☐

As of ~~November~~August __14, ~~2017~~2018, the Company had 2324,330,000 shares of its common stock, par value $.0001 per share, issued and outstanding.

POWERCOMM HOLDINGS INC.
TABLE OF CONTENTS

		~~Page~~	Page
PART I. FINANCIAL INFORMATION
Item 1.	Consolidated Financial Statements
	Condensed Consolidated Balance Sheets, September 30, 2017 (unaudited) and December 31, 2016	3
	Condensed Consolidated Balance Sheets, March 31, 2018 (unaudited) and December 31, 2017		3
	Condensed Statement of Operations, Three and Nine Months Ended September 30, 2017 and 2016 (unaudited)	4
	Condensed Statement of Operations, Three Months Ended March 31, 2018 and 2017 (unaudited)		4
	Condensed Statements of Cash Flows, Nine Months Ended September 30, 2017 and 2016 (unaudited)	5
	Condensed Statements of Cash Flows, Three Months Ended March 31, 2018 and 2017 (unaudited)		5
	Notes to Condensed Financial Statements (unaudited)	6	6
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	10	10
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	12	13
Item 4.	Controls and Procedures	12	13
PART II. OTHER INFORMATION
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	12	14
Item 5.	Other Information	13	14
Item 6.	Exhibits	13	14

POWERCOMM HOLDINGS INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

	September 30,			December 31,
	March 31, 2018			December 31, 2017
	2017			2016
	(Unaudited)			*
	(Unaudited)				*
Assets
Current Assets
Cash and cash equivalents	$	~~388~~498,~~675~~530		$	49714,~~744~~499
Accounts Receivable, net		~~302~~949,~~782~~709			63401,~~201~~919
Prepaid expenses		83307,~~283~~465			~~108~~126,~~942~~162
Total Current Assets		774,740			221,887
Other current assets		25,000			—
Furniture, fixture, and equipment, net		906,548			663,631
Total Current Assets		1,780,704			1,243,580
Other		1,750			—
Furniture, fixture, and equipment, net		1,257,471			1,114,425
TOTAL ASSETS	$	13,~~683,~~038,175		$	~~885~~2,~~518~~358,005
Liabilities and Stockholder’s Equity
Current Liabilities
Short-term loan	$	382,967		$	615,176
Accounts payable	$	153,207		$	132,367
Long-term debt, current		170,345			104,974
Accrued expenses		222,412			270,199
Account payable and accrued expenses		239,520			233,646
Income taxes payable		—			240,700
Due to related party		183,004			53,133
Line of credit		133,565			176,865
Other current liabilities		121,639			29,070
Short-term loans		159,577			38,145
Total current Liabilities		1,097,475			1,035,999
Long-term debt, current portion		199,304			219,932
Other Liabilities		—			86,449
Due to related party		41,018			43,288
Long-term debt		521,654			300,156
Total current Liabilities		909,083			1,121,496
Total Liabilities		1,619,129			1,422,604
Long-term debt		748,009			641,692
Deferred income taxes		462,212			400,500
Total Liabilities		2,119,304			2,163,688
Commitments and contingencies
Stockholder’s Equity
Series A Preferred Stock ($0.0001 par value, 20,000,000 shares authorized. 1,000 and none outstanding as of September 30, 2017 and December 31, 2016, respectively)	$	—		$	—
Preferred Stock, $0.0001 par value, 20,000,000 shares authorized; 1,000 shares outstanding as of March 31, 2018 and December 31, 2017, respectively	$	—		$	—
Common stock ($0.0001 par value, 100,000,000 shares authorized, 23,330,000 and 20,700,000 shares outstanding as of September 30, 2017 and December 31, 2016, respectively)	$	2,333		$	2,070
Common Stock, $0.0001 par value, 100,000,000 shares authorized; 24,330,000 shares issued, issuable and outstanding as of March 31, 2018 and December 31, 2017, respectively	$	2,433		$	2,433
Discount on common stock	$	(~~333~~50	)		(~~2,050~~50	)
Subscriptions received in advance		—			45,000
Additional paid-in capital		460,655			460,655
Additional paid-in capital		133,118			1,538
Retained Earnings (Accumulated deficit)		455,833			(268,721	)
Retained Earnings (Accumulated deficit)		(71,209	)		(583,644	)
Total Stockholders’ Equity		918,871			194,317
Total Stockholders’ (Deficit) Equity		63,909			(537,086	)
Total Liabilities and Stockholder’s Equity	$	3,038,175		$	2,358,005
Total Liabilities and Stockholder’s (Deficit) Equity	$	1,683,038		$	885,518

*	Derived from audited information

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

POWERCOMM HOLDINGS INC.

CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS

(Unaudited)

	For the Three Months Ended,						For the Nine Months Ended,
	For the Three Months Ended, March 31
	Sept. 30						Sept. 30
	2018			2017
	Jul- Sept 17			Jul- Sept 16			2017			2016
Net Revenue	$	2,921,275		$	1,008,348
Net Revenue		2,211,576			1,058,947			4,844,554			2,349,398
Cost of Revenue		1,824,517			883,030
Cost of Revenue		(1,263,671	)		(688,316	)		(2,802,267	)		(1,527,108	)
Gross Profit		1,096,758			125,318
Gross Profit		947,905			370,631			2,042,287			822,290
Operating expenses
Salaries and Wages		(84,819	)		(71,331	)		(301,178	)		(192,293	)
General and administrative		230,797			238,672
Stock based compensation		—			—			(131,560	)		—
Depreciation expense		66,472			50,781
General and Administrative Expense		(386,394	)		(173,053	)		(1,039,046	)		(716,692	)
Total Operating Expense		297,269			289,453
Total Operating Expense		(471,213	)		(244,384	)		(1,471,784	)		(908,985	)
Operating Income (loss)		799,489			(164,135	)
Operating Income (loss)		476,692			126,247			570,503			(86,695	)
Other Income (Expense)
Other Income (Expense)
Interest Expense		(19,346	)		(15,998	)
Interest Expense		(13,909	)		(10,277	)		(58,068	)		(31,618	)
Other Income (Expense), net		1,811			—
Other Income (Expense) net		—			—			—			—
Total Other Income (Expense)		(17,535	)		(15,998	)
Total Other Income (Expense)		(13,909	)		(10,277	)		(58,068	)		(31,618	)
Income (loss) from operations before income tax		781,954			(180,133	)
Income (loss) from operations before income tax		462,783			115,970			512,435			(118,313	)
Income tax expense		57,400			—
Net Income (Loss)	$	~~462~~724,~~783~~554		$	~~115~~(180,~~970~~133	)		~~512,435~~			~~(118,313~~	)
Income (loss) per share - basic and diluted	$	0.0203		$	(0.01	)		~~0.02~~			~~(0.01~~	)
Weighted average shares-basic and diluted		23,300,000			20,500,000			22,347,363			20,500,000
Weighted average common shares outstanding - basic and diluted		24,330,000			20,542,761

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

POWERCOMM HOLDINGS INC.

CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS

(Unaudited)

	For the period ended September 30, 2017			For the period ended September 30, 2016
	For the Three Months ended March 31,
	2018			2017
Operating Activities
Net Income		512,435			(118,313	)
Net Income (loss)	$	724,554		$	(180,133	)
Depreciation and amortization		169,435			124,885
Adjustments to reconcile net income (loss) to net cash provided (used) in operating activities:
Stock based compensation		131,560			—
Depreciation and amortization		66,472			50,781
Change in current assets		(213,921	)		(62,803	)
Stock based compensation
Change in current liabilities		26,585			(21,808	)
Changes in Operating Assets and Liabilities
Net cash provided in operating activities		626,094			(78,039	)
(Increase) decrease in Accounts receivable		(547,790	)		(26,246	)
(Increase) decrease in Prepaid expenses and Other current assets		4,094			35,399
Increase (decrease) in Accounts payable		20,844			—
Increase (decrease) in Accrued expenses		(47,787	)		(163,293	)
Increase (decrease) in Other current liabilities		—			247,958
Increase (decrease) in Current income taxes payable		(270,888	)
Increase (decrease) in Deferred income taxes payable		91,900			—
Net cash provided by (used in) operating activities		41,399			(35,534	)
Investing Activities
Equipment and vehicle purchase		(29,969	)		(314,032	)
Capital expenditures		(64,025	)		—
Other		(1,750	)		—
BioFuel investment		—			(1,750	)
Net cash provided by investing activities		(31,719	)		(314,032	)
Net cash used in investing activities		(64,025	)		(1,750	)
Financing Activities
Net proceeds from loans		40,590			484,928
Repayment of related party advances		(2,270	)		—
Proceeds from payable to related party		86,871			—
Note payable principal payments		(148,773	)		(34,676	)
Owner distribution		—			—
Line of credit repayments, net		(43,300	)		—
Loan payment		(382,905	)		(56,785	)
Proceeds from advances – related party		—			30,000
Net cash provided by financing activities		(255,444	)		428,143
Proceeds from subscription received in advance		—			15,000
Net Cash increase for the period		338,931			36,072
Proceeds from capital contributed		—			21,871
Cash, beginning of period		49,744			16,439
Net cash (used in) provided by financing activities		(194,343	)		32,195
Cash, end of period		388,675			52,511
Net (decrease) in cash		(216,969	)		(5,089	)
Cash, beginning of period		715,499			49,744
Cash, end of period	$	498,530		$	44,655
Supplemental Disclosures:
Cash paid during period for:
Interest	$	5819,~~068~~346		$	3115,~~617~~998
Taxes	$	—236,388		$	—
Non-cash investing activities:
Non-cash investing and financing activities:
PP&E funded by notes/capital leases		382,383			—
Equipment purchases financed	$	145,492		$	41,285
Financed insurance premiums	$	210,403		$	—

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

POWERCOMM HOLDINGS INC.

Notes to Unaudited ~~Condensed~~ Financial Statements

~~September 30~~March 31, ~~2017~~2018

NOTE 1. – ORGANIZATION AND NATURE OF OPERATIONS

ORGANIZATION

The Company was incorporated in the State of Delaware on January 12, 2015, and was formerly known as White Grotto Acquisition Corporation (“White Grotto” or “White Grotto Acquisition”). On September 14, 2015, the Company implemented a change of control by issuing shares to new shareholders, redeeming shares of existing shareholders, electing new officers and directors and accepting the resignations of its then existing officers and directors. In connection with the change of control, the shareholders of the Company and its board of directors unanimously approved the change of the Company’s name from White Grotto Acquisition Corporation to PowerComm Holdings, Inc.

On November 15, 2016, the Company entered into a merger agreement (the “Acquisition”) with PowerComm Construction, Inc., a Virginia corporation (“PCC”). The current business of PCC is in electric utility, fiber optic, and telecommunications construction and maintenance services. PCC installs, connects and services the energy and communications sectors. Pursuant to the Acquisition, the Company has acquired the business plan, operations and contracts of its now wholly-owned subsidiary, PowerComm Construction, Inc. (“PCC” or “PowerComm Construction”).

~~Prior to the current and previous~~PRINCIPALS ~~quarter,~~OF the Company reported its results under substantial doubt about continuing on a going concern basis. This reporting was required as up to that period, the Company had operated at a loss for the prior few years, with revenue decreasing from approximately $3.5 million on an annual basis in the year ended December 31, 2014 to approximately $2.9 million for the year ended December 31, 2016. In addition, the Company had a working capital deficit as of December 31, 2016 of approximately $0.8 million with a cash position of approximately $50,000.CONSOLIDATION

~~During the current and previous quarter,~~The ~~the~~accompanying ~~Company~~consolidated ~~has~~financial ~~been~~statements ~~able~~include ~~to increase its revenues with its primary customer to such an extent that~~ the ~~Company~~accounts noof ~~longer~~PowerComm ~~believes it operates under a going concern. In the three months ended September 30~~Holdings, ~~2017 and June 30, 2017, the Company was able to generate substantially increased revenues of approximately $2~~Inc.2 and ~~$1.6~~its ~~million,~~wholly ~~respectively~~owned ~~with profits from operations of approximately $477~~subsidiary,~~000~~ PowerComm ~~and $258~~Construction,~~000,~~ ~~respectively, which generated a net profit for the nine months ended September 30, 2017 of approximately $512,000~~Inc. AsAll ofmaterial ~~September~~intercompany 30accounts, ~~2017,~~transactions ~~the Company has reduced its working capital deficit to $.3 million~~ and ~~increased~~profits ~~its~~have ~~cash~~been ~~position to~~eliminated ~~approximately~~in ~~$389,000~~consolidation.

~~In addition, during the nine months ended~~BASIS ~~September~~OF ~~30,~~PRESENTATION ~~2017,~~UNAUDITED ~~the~~INTERIM ~~Company~~FINANCIAL was able to generate funds from operations in excess of its capital expenditures of approximately $594,000. In 2017, the Company’s primary customer completed its merger with Exelon, Inc. (survivor of the merger) and the Company has been notified that it is now a preferred vendor with Exelon, Inc. nationally. Given the additional contracts the Company has obtained and the additional contracts the Company is currently bidding upon with its primary customer, the Company believes that it will to continue to substantially increase its revenue base and its profitability in the upcoming quarters into 2018 and 2019 at a minimum.STATEMENTS

2The condensed consolidated balance sheet as of March 31, 2018 and the condensed consolidated statements of operations and cash flows for the three-month period ended March 31, 2018 and 2017 have been prepared by the Company without audit. ~~SUMMARY~~The OFcondensed ~~SIGNIFICANT~~consolidated balance ~~ACCOUNTING~~sheet as of December 31, 2017 has been derived from the audited financial statements as of that date, but does not include ~~POLICIES~~all required year-end disclosures. In the opinion of management, such statements include all adjustments considered necessary to present fairly the Company’s financial position as of March 31, 2018 and December 31, 2017, and its results of operations and cash flows for all periods presented. These condensed consolidated financial statements should be read in conjunction with the audited financial statements and the notes thereto for the years ended December 31, 2017 and 2016, included in the Form 10-K filed by the Company on June 6, 2018.

~~Basis~~The accompanying unaudited condensed consolidated financial statements are prepared in accordance with U.S. generally accepted accounting principles (U.S. GAAP) for interim financial information and with the instructions to Form 10-Q and Article 8 of ~~presentation:~~Regulation S-X. Accordingly, they do not include all information and footnotes required by U.S. GAAP for complete financial statements. The Company believes that the disclosures are adequate to make the interim information presented not misleading. Operating results for the three months ended March 31, 2018 are not necessarily indicative of the results that may be expected for the fiscal year ending December 31, 2018.

~~The summary of significant accounting policies~~NOTE ~~presented~~2 ~~below~~- isSUMMARY ~~designed~~OF toSIGNIFICANT ~~assist~~ACCOUNTING in understanding the Company’s consolidated financial statements. Such consolidated financial statements and accompanying notes are the representations of the Company’s management, who are responsible for their integrity and objectivity. These accounting policies conform to accounting principles generally accepted in the United States of America (“GAAP”) in all material respects, and have been consistently applied in preparing the accompanying consolidated financial statements.POLICIES

~~The condensed consolidated balance sheet~~USE asOF of September 30, 2017 and the condensed consolidated statements of operations and cash flows for the nine-month period ended September 30, 2017 and 2016 have been prepared by the Company without audit. The condensed consolidated balance sheet as of December 31, 2016 has been derived from the audited financial statements as of that date, but does not include all required year-end disclosures. In the opinion of management, such statements include all adjustments considered necessary to present fairly the Company’s financial position as of September 30, 2017 and December 31, 2016, and its results of operations and cash flows for all periods presented. These condensed consolidated financial statements should be read in conjunction with the audited financial statements and the notes thereto included in the Form 10-K filed by the Company on May 16, 2017.ESTIMATES

The preparation ~~accompanying~~of ~~unaudited condensed~~ consolidated financial statements ~~are prepared~~ in ~~accordance~~conformity with ~~U.S.~~GAAP ~~generally~~requires ~~accepted~~management ~~accounting~~to ~~principles~~make ~~(U.S.~~estimates ~~GAAP)~~and ~~for interim financial~~assumptions ~~information~~that ~~and~~affect ~~with~~ the ~~instructions~~reported toamounts ~~Form~~of ~~10-Q~~assets and ~~Article~~liabilities 8and disclosure of ~~Regulation~~contingent ~~S-X.~~assets ~~Accordingly,~~and ~~they~~liabilities doat ~~not~~the ~~include~~date ~~all information~~of ~~and~~the ~~footnotes~~consolidated ~~required~~financial bystatements, ~~U.S.~~and ~~GAAP~~the ~~for~~reported ~~complete~~amounts ~~financial~~of ~~statements.~~revenues ~~Operating~~and ~~results~~expenses ~~for~~during the ~~nine~~reporting ~~months~~periods. ~~ended~~Actual results ~~September~~could ~~30, 2017~~differ ~~are~~from ~~not~~those ~~necessarily~~estimates. ~~indicative~~Significant ofestimates ~~the~~include, ~~results~~but ~~that~~are ~~may~~not belimited to, ~~expected~~assumptions ~~for~~used ~~the~~in ~~fiscal~~our ~~year~~impairment ~~ending~~testing ~~December~~of ~~31,~~long-lived ~~2017~~assets.

Use of estimates and assumptions:

The preparation of consolidated financial statements in conformity with 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 consolidated financial statements, and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.

Cash and cash equivalents:

The Company considers all cash on hand and in banks, certificates of deposit and other highly-liquid investments with original maturities of three months or less, when purchased, to be cash and cash equivalents.

Accounts receivable:

Accounts receivable are recorded at net realizable value consisting of the carrying amount less allowance for doubtful accounts, as needed. We assess the collectability of accounts receivable based primarily upon the creditworthiness of the customer as determined by credit checks and analysis, as well as the customer’s payment history. Management reviews the composition of accounts receivable and analyzes historical bad debts, customer concentrations, customer credit worthiness, current economic trends, and changes in customer payment patterns to evaluate the adequacy of these reserves. While management uses the best information available upon which to base estimates, future adjustments to the allowance may be necessary if economic conditions differ substantially from the assumptions used for the purposes of analysis. As of September 30, 2017, and 2016, the Company had no assessed allowance for doubtful accounts respectively.

~~POWERCOMM~~CASH AND ~~HOLDINGS~~CASH ~~INC.~~ EQUIVALENTS

~~Notes~~The Company considers all cash on hand and in banks, certificates of deposit and other highly-liquid investments with original maturities of three months or less, when purchased, to ~~Unaudited~~be ~~Financial~~cash ~~Statements~~and cash equivalents. As of March 31, 2018, and December 31, 2017, the Company has unsecured deposits of $381,251 and $480,360, respectively.

~~September 30, 2017~~REVENUE RECOGNITION

~~Fixed~~The Company ~~assets:~~performs underground and overhead utility services primarily in the eastern and southeastern regions of the United States for utility companies. The Company’s work is performed under cost-plus-fee contracts. The length of the Company’s contracts vary, but are typically two to three years in length. While the contracts that the Company enters into are multi-year in nature, the services performed under those contracts generally occurs under discrete projects that are individually billed and that range from a couple of weeks to as short as a few days in length. In most instances, the Company bills its customer on a near daily basis. Prior to adoption of ASC 606, the Company’s policy was that revenue became fixed and determinable upon signoff of the work performed by the customer. Upon signoff, the customer accepted the work performed and therefore no warranty or defect allowances were able to be presented by the customer. Upon adoption of ASC 606, revenue becomes recognizable by the Company when control of the goods and services performed are transferred to the customer. The Company’s policy is that transfer of control occurs when the customer signs off on the work performed. The result of the adoption of ASC 606, therefore, did not constitute a material change in how the Company recognizes revenue.

~~Fixed assets consist of computers, furniture~~COST ~~and~~OF fixtures, machinery and equipment, and trucks and vehicles. They are stated at cost less accumulated depreciation. Expenditures for maintenance and repairs are charged to earnings as incurred; additions, renewals and betterments are capitalized. When property and equipment are retired or otherwise disposed of, the related cost and accumulated depreciation are removed from the respective accounts, and any gain or loss is included in operations.REVENUE

Depreciation is computed primarily using the straight-line method over the estimated useful lives of the assets as follows:

		Useful Life (in years)
Computers		5
Office Furniture and Fixtures		7
Machinery and Equipment		7
Trucks and Vehicles		5

The Company applies the provisions of FASB ASC Topic 360 (ASC 360), “Property, Plant, and Equipment” which addresses financial accounting and reporting for the impairment or disposal of long-lived assets. The Company periodically evaluates the carrying value of long-lived assets to be held and used in accordance with ASC 360, at least on an annual basis. ASC 360 requires the impairment losses to be recorded on long-lived assets used in operations when indicators of impairment are present and the undiscounted cash flows estimated to be generated by those assets are less than the assets’ carrying amounts. In that event, a loss is recognized based on the amount by which the carrying amount exceeds the fair market value of the long-lived assets. Loss on long-lived assets to be disposed of is determined in a similar manner, except that fair market values are reduced for the cost of disposal. For the nine months ended September 30, 2017 and nine months ended September 30, 2016, there was no impairment of long-lived assets recorded.

Revenue recognition:

The Company performs underground and overhead utility services primarily in the southeastern region of the United States for utility companies. The Company’s work is performed under cost-plus-fee contracts. The length of the Company’s contracts varies, but are typically two to three years. Revenues are recognized on the accrual basis as services are performed. The Company recognizes service revenue in accordance with GAAP when the following overall fundamental criteria are met: (i) persuasive evidence of an arrangement exists, (ii) delivery has occurred or the service has been performed, (iii) the Company’s price to the customer is fixed or determinable, and (iv) collection of the resulting accounts receivable is reasonably assured. During the nine months ended September 30, 2017 and nine months ended September 30, 2016, the Company recognized revenue when the above four criteria were met.

The Company’s policy is to invoice its customers and record revenues upon receipt from the customer acceptance of all the work performed in accordance with its requirements at the time of invoicing. Because of this, the Company to date has never had a customer demand re-work performed that the customer did not accept further billing for.

Cost of revenue:

Costs of revenue include all direct materials, labor costs, equipment and those indirect costs, including depreciation of machinery and equipment, trucks and vehicles, and indirect labor, supplies, tools, repairs and miscellaneous job costs. Changes in job performance, job conditions and estimated profitability, may result in revisions to costs and income and are recognized in the period in which the revisions are determined.

~~3. ACCOUNTS RECEIVABLE~~RECLASSIFICATIONS

~~Accounts~~Certain amounts ~~receivable~~in ~~consist~~the ofprior period financial statements have been reclassified to conform to the ~~following:~~current period presentation. These reclassifications had no effect on reported consolidated net loss.

		September 30, 2017				September 30, 2016
Contract receivables		$	302,782			$	289,765

NOTE 3 – REVENUE

~~Total~~The Company ~~contract~~adopted ~~receivables~~the ~~are~~provisions ~~expected~~of the guidance in the new revenue standard under ASC 606 effective January 1, 2018 applying the modified retrospective method to beall ~~collected~~contracts. ~~within~~Results ~~one~~for ~~year~~reporting periods beginning after January 1, 2018 are presented under the new revenue recognition guidance, while prior period amounts are not adjusted and continue to be reported in accordance with the historic accounting under previous revenue recognition guidance. The adoption of this guidance did not have any material impact on the Company’s consolidated condensed financial statements. As was discussed in Note 2, there iswas no ~~provision~~material ~~for~~impact ~~allowance~~to net revenue for ~~doubtful~~the ~~accounts~~quarter ended March 31, 2018 as a result of applying the new revenue recognition guidance.

~~POWERCOMM~~NOTE 4 ~~HOLDINGS~~- ~~INC.~~PROPERTY AND EQUIPMENT

~~Notes~~Property and toequipment ~~Unaudited~~consist ~~Financial~~of ~~Statements~~the following:

September 30, 2017


	March 31, 2018			December 31, 2017
Vehicles & trucks	$	2,360,664		$	2,241,584
Machinery & equipment		651,160			560,723
Office furniture & fixtures		103,686			103,686
Computer & software		25,647			25,647
		3,141,157			2,931,640
Less: Accumulated depreciation		(1,883,686	)		(1,817,215	)
Net property and equipment	$	1,257,471		$	1,114,425

4.Depreciation expense ~~FIXED~~was ~~ASSETS~~$66,472 –and ~~PROPERTY~~$50,781 ~~PLANT AND~~for ~~EQUIPMENT~~the three months ended March 31, ~~NET~~2018 and 2017, respectively.

~~Fixed~~NOTE 5 ~~assets~~- ~~consist~~DEBT ~~of the following:~~

	September 30,			September 30,
	2017			2016
Vehicles	$	2,019,241		$	1,532,355
Machinery and equipment		534,085			570,796
Office furniture and fixtures		103,686			103,686
Computer and software		25,201			25,201
	$	2,682,213		$	2,232,038
Less: Accumulated depreciation		(1,775,665	)		(1,491,762	)
Total property, plant and equipment, net	$	906,548		$	740,276

Lines of Credit

5.Lines of ~~BANK~~credit ~~LOANS~~consist of the following:

Short-term loan


	March 31, 2018		December, 31, 2017
$200,000 Line of Credit with SunTrust Bank, variable interest rate equal to the Prime Rate as published in the Wall Street Journal plus 6%, at 10.75% per annum as of March 31, 2018, renewed annually, due on demand, secured by all assets of the Company.	$	133,565	$	176,865
Total Lines of Credit	$	133,565	$	176,865

Short~~-term loan represents borrowings from commercial banks~~ ~~due~~Term ~~within one year. The short-term loan consists of the following:~~Debt

	September 30,		September 30,
	2017		2016
$450,000 Line of Credit with Burke & Herbert Bank, interest rate at 4.5% annum, renewed annually, due on demand	$	191,870	$	424,097
$200,000 Line of Credit with Suntrust Bank, interest rate at 9.5% annum, renewed annually, due on demand		191,096		176,769
Total	$	382,966	$	600,866

Short term debt consists of the following:

Interest expense for the nine months ended September 30, 2017 and September 30, 2016 amounted to $58,068 and $31,618 respectively.


	March 31, 2018		December 31, 2017
Notes payable to an insurance premium finance company, terms ranging from six to nine months, bearing interest at rates ranging from 7.2% to 8.6%, per annum, monthly payments totaling $30,163, secured by various insurance policies and all rights thereto.	$	159,577	$	38,145
Total Short Term Debt	$	159,577	$	38,145

Long-term debt

Long-term debt consists of the following:

	September 30,			September 30,
	March 31, 2018			December 31, 2017
	2017			2016
Multiple notes payable, to various banks and finance organizations, maturing at various dates from February 2019 through March 2023, monthly payments totaling $26,691, secured by vehicles and equipment	$	947,313		$	861,624
Note payable to Ally Financial Inc, maturing May 2020, monthly payments of $666		19,491			28,356
Less: Current Portion		(199,304	)		(219,932	)
Note payable to Ally Financial Inc, maturing April 2021, monthly payments of $786		34,215			—
Total Long Term Debt	$	748,009		$	641,692
Note payable to Ally Financial Inc, maturing May 2020, monthly payments of $528		15,542			22,474
Note payable to Ally Financial Inc, maturing May 2020, monthly payments of $528		15,542			22,474
Note payable to Ally Financial Inc, maturing April 2020, monthly payments of $529		15,501			22,568
Note payable to Burke & Herbert Bank, maturing June 2019, monthly payments of $520		9,971			15,988
Note payable to Toyota Financial Services, maturing September 2017, monthly payments of $400		—			4,672
Note payable to Burke & Herbert Bank, maturing June 2017, monthly payments of $320		—			2,681
Note payable to Ally Financial Inc, maturing March 2022, monthly payments of $810		37,141			—
Note payable to John Deere Financial, maturing January 2021, monthly payments of $2,789		112,525			157,111
Note payable to Ford Motor Credit, maturing April 2021, monthly payments of $1,431		53,917			73,193
Note payable to Ford Motor Credit, maturing April 2021, monthly payments of $1,431		53,917			73,193
Note payable to Ford Motor Credit, maturing May 2022, monthly payments of $928		44,204			—
Note payable to GMC Bucket Truck, maturing April 2020, monthly payments of $690		19,162			—
Note payable to Ford Motor Credit, maturing July 2022, monthly payments of $1,249		61,313			—
Note payable to Ford Motor Credit, maturing August 2022, monthly payments of $1,249		63,360			—
Note payable to Ford Motor Credit, maturing July 2022, monthly payments of $676		33,623			—
Note payable to Ally Financial Inc, maturing August 2022, monthly payments of $703		34,385			—
Note payable to Ally Financial Inc, maturing August 2022, monthly payments of $703		35,409			—
Note payable to Ally Financial Inc, maturing August 2022, monthly payments of $648		32,781			—
	$	691,999		$	422,710
Current portion		(170,345	)		(87,404	)
Total	$	521,654		$	335,306

~~All notes are secured by the Company’s vehicles. The obligation~~NOTE ~~under~~6 ~~long~~-~~term~~ ~~debt~~DUE isTO asRELATED ~~follows:~~PARTY

As of September 30,	Amount
2018	$	170,345
2019		177,158
2020		169,354
2021		117,041
2022		53,403
Thereafter		4,698
Total	$	691,999

As of March 31, 2018 and December 31, 2017, the balances due to a related party amounted to $41,018 and $43,288, respectively, and are unsecured. There is no written agreement and the funds are due on demand with no maturity date, and bearing no interest.

~~POWERCOMM~~NOTE 7 ~~HOLDINGS~~– ~~INC.~~ CUSTOMER CONCENTRATIONS

~~Notes~~For the tothree ~~Unaudited~~months ~~Financial~~ended ~~Statements~~March 31, 2018 and 2017, respectively, service revenue from Potomac Electric Power Co (“PEPCO”), which is now a wholly owned subsidiary of Exelon Corp, accounted for 97% and 97% of the Company’s net revenue, respectively. Accounts receivable due from PEPCO accounted for 93% of the Company accounts receivable balances as of March 31, 2018. The remaining 7% is due from one other customer. For the year ended December 31, 2017, three customers accounted for 100% of the Company’s revenues and two customers accounted for 100% of its accounts receivable balance.

~~September~~NOTE 8 ~~30,~~– ~~2017~~SUBSEQUENT EVENTS

6On July 12, 2018, the Company, jointly with a related entity, closed on the purchase of an industrial property in Upper Marlboro, Prince George’s County, Maryland. ~~STOCKHOLDER~~The Company paid $1.575 million plus closing costs. The industrial property is approximately 1.77 acres, fenced and paved, which will provide for the ability of the Company to significantly increase its truck fleet and has an office building and drive up warehouse of approximately 12,000 square feet. The facility will house all of the Company’Ss operations ~~EQUITY~~and will function as corporate headquarters. The Company financed 85% of the purchase price, or approximately $1.339 million. The purchase loan bears interest at a rate of 5.24% per annum, payable over 10 years at $8,076 monthly with a payment due on the 120th month estimated at approximately $1,008,000, and is secured with a first mortgage on the real estate and the personal guarantee of David Kwasnik, the Chief Executive Officer and majority shareholder of the Company. The purchase loan was made to the Company and to Kwasnik Properties, LLC (the “LLC”) on a joint and several basis. The two members of the LLC are David and Laura Kwasnik, both officers and majority shareholders of the Company. After miscellaneous improvements the Company will begin moving all operating assets and personnel to the new facilities.

~~In the nine months ended~~On ~~September~~July 3012, ~~2017~~2018, the Company’s ~~designated 1~~subsidiary,~~000~~ ~~shares~~PowerComm ofConstruction, ~~preferred~~Inc., ~~stock~~entered asinto ~~Series~~a A.$500,000 ~~The~~line ~~Series~~of Acredit ~~Preferred~~with ~~Shares~~a ~~carry no~~lending ~~dividend~~institution. ~~and~~The noline ~~liquation~~of ~~rights~~credit, ~~but~~in sothe ~~long~~form ~~as 1 share~~ of ~~Series~~a Apromissory ~~remains~~note ~~outstanding,~~ (the ~~Series~~“Note”), Amatures ~~class~~on isJuly ~~provided~~12, ~~with~~2020, ~~the~~when all ~~right~~unpaid toprincipal ~~vote~~and asinterest abecome ~~class~~due ~~having~~and ~~the~~payable. ~~equivalent~~The ofinterest ~~51%~~rate ofon the ~~total~~Note ~~vote~~is ~~outstanding.~~variable Inand ~~addition, the Series A class~~ is ~~allowed to~~based ~~vote~~ on ~~all shareholder matters. Changes to provisions of~~ the ~~Series~~Lender’s Prime ARate, ~~Preferred~~currently ~~Shares require an affirmative vote of~~ at ~~least 60~~4.75%, ofand ~~the~~is ~~Series~~due ~~A shareholders~~monthly.

In April 2017, the board of directors of the Company authorized the issuance of 1,000 shares of Series A Preferred Stock to its CEO. The Company valued these shares at a 20% control premium to its common shares (see valuation below). As of September 30, 2017, the Company has 1,000 shares of Series A preferred stock and 23,330,000 shares of its common stock outstanding.

In April 2017, the board of directors of the Company authorized the issuance of a private placement of the Company’s common stock in which the Company sold 160,000 shares of its common stock for gross proceeds of $160. The Company has accounted for this issuance at the price per share determined from its issuance of common shares (described below) to certain vendors for services provided of $0.05 per share, and has recorded total cost for this issuance of $8,000.

In April 2017, the board of directors of the Company authorized the issuance of 2,470,000 shares of its common stock to certain employees and non-employees. The Company determined the value of the common shares based on the non-employee shares issued at the cost of the services provided of $0.05 per common share. The Company recorded compensation cost of $131,560 for these issuances.

On November 15, 2016, the “Company”, entered into a stock-for-stock acquisition agreement (the “Acquisition Agreement”) with PowerComm Construction, Inc., a private company organized under the laws of the Commonwealth of Virginia (“PCC”). Under the Acquisition Agreement, the Company issued to PCC 200,000 shares of its common stock, valued at $0.001 per share, in exchange for all of the issued and outstanding stock of PCC to complete the share exchange and restructuring of entities under common control. Mr. David Kwasnik, who is the officer, director and majority shareholder of the Company, was the sole shareholder of PCC prior to the acquisition.

The Company has accounted for the acquisition of PowerComm Construction, Inc. by PowerComm Holdings, Inc. as a recapitalization and not as a business combination, in which PCC has re-domiciled itself to Delaware from Virginia. In certain circumstances, the ownership of both entities could trigger reporting under the consolidation provisions prior to the recapitalization under related party and variable interest entity requirements, however, in this instance, because PCH was truly a public shell, as defined by the Securities and Exchange Commission, management believes that recapitalization accounting presents the most accurate and appropriate accounting for this transaction.

7. DUE TO RELATED PARTY

There are two related parties with amounts due from PCC. Mr. Kwasnik has advanced the Company operating capital totaling $85,004, and James Cooper has advanced the Company operating capital of $100,000. In the period ended September 30, 2017, Mr. Kwansnik converted $2,000 of his advances against the discount recorded for his original issuance of 20,000,000 shares. The total, $183,004, is unsecured. There are no written agreements, and funds are due on demand with no maturity date, and bearing no interest.

No amounts were imputed on these advances in the nine months ended September 30, 2017 as they would be immaterial.

8. CONCENTRATION OF CREDIT RISK

Financial instruments that potentially subject the Company to concentration of credit risk consist principally of cash deposits. Accounts at each institution are insured by the Federal Deposit Insurance Corporation (“FDIC”) up to $250,000. From time to time, the Company holds balances in its cash accounts in excess of FDIC guarantee levels. These accounts are held at large financial institutions that are well capitalized.

For the nine months ended September 30, 2017 and nine months ended September 30, 2016, service revenue from Potomac Electric Power Co (“PEPCO”) accounted for 78% and 100% of the Company’s net revenue, respectively. For the nine months ended September 30, 2017, 22% of revenues were derived from RCN Telecom Services, LLC.

9. COMMITMENTS AND CONTINGENCIES

Litigation

In April 2014, Gregory Randolf, a former employee of the Company filed a Class Action Labor Lawsuit against the Company in the Maryland District Court. The lawsuit alleges that he and 48 other flaggers of the Company were not paid overtime pay which in Maryland is time and ½. The Company believes that Mr. Randolf’s testimony as to the amount of hours he worked was completely false and that he was correctly paid for the hours he worked per his time slips. As of December 2015, the Company offered $100,000 to settle the case. The Company accrued contingent loss of $100,000 during the year ended December 31, 2014. No additional contingent liability was accrued during the year ended December 31, 2015. On April 28, 2016, the settlement agreement was approved by court and judgment for plaintiffs was entered in the amount of $100,000. On April 29, 2016, the company made payments to plaintiffs in the total amount of $100,000.

In May, 2015, the Company filed a complaint against Riverport Insurance Services (“Riverport”) in Circuit Court for Montgomery County, Maryland, for failing to defend a worker’s compensation claim previously filed against the Company. The Company is seeking a declaration from the Court that Riverport owned the Company a duty to defend the subject workers’ compensation claim. The Company seeks recovery of attorneys’ fees and costs incurred in defending against the claim, and attorneys’ fees and costs incurred in litigating the complaint. Trial for this litigation was scheduled for June 2, 2016. On September 14, 2016, a judgment of the litigation against Riverport was entered in favor of the Company in the amount of approximately $45,000. No contingent gain was recorded by the Company as of September 30, 2017.

ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

The following discussion should be read in conjunction with our audited financial statements and notes to our financial statements included elsewhere in this report. This discussion contains forward-looking statements that involve risks and uncertainties. Actual results could differ materially from those anticipated in these forward-looking statements as a result of various factors discussed elsewhere in this report.

Certain information included herein contains statements that may be considered forward-looking statements, such as statements relating to our anticipated revenues, gross margin and operating results, future performance and operations, plans for future expansion, capital spending, sources of liquidity, and financing sources. This forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future, and accordingly, such results may differ from those expressed in any forward-looking statements made herein. These risks and uncertainties include those relating to our liquidity requirements, the continued growth of the software industry, the success of our product development, marketing and sales activities, vigorous competition in the construction industry, dependence on existing management, leverage and debt service (including sensitivity to fluctuations in interest rates), domestic or global economic conditions, the inherent uncertainty and costs of prolonged arbitration or litigation, and changes in federal or state tax laws or the administration of such laws.

Overview

PowerComm Holdings, Inc., through its wholly owned subsidiary PowerComm Construction, Inc., installs, connects and services the energy and communications sectors. Experienced PCC teams also build and maintain America’s infrastructure from fiber-optic lines to high voltage lines to cellular communication towers. The current business of PCC is in electric utility, fiber optic, and telecommunications construction and maintenance services. PCC has provided for almost 20 years a diverse range of power services, telecommunications and fiber optic services and cellular services. PCC is a longstanding service provider that works on complex projects for industry leaders. PCC service crews perform electrical power line work on overhead and underground power distribution infrastructures as well as on transmission and sub-transmission lines.

The Company has expertise in a variety of electric utility, fiber optic, and telecommunications construction and maintenance services and is qualified also to do business in all 50 states, the District of Columbia and Puerto Rico The current business of the Company is in electric utility, fiber optic, and telecommunications construction and maintenance services. The Company installs, connects and services the energy and communications sectors. Experienced teams also build and maintain America’s infrastructure from fiber-optic lines to high voltage lines to cellular communication towers. The Company has its headquarters in Northern Virginia, with offices in Southern Maryland, Nashville, Tennessee, and Washington, D.C.

The Company has filed a registration statement on Form S-1 to register the resales of common stock shares held by certain existing shareholders of the Company. As of the date of this Report, the registration statement was under review by the U.S. Securities and Exchange Commission.

For the ~~nine~~three months ended ~~September 30~~March 31, ~~2017~~2018, the Company generated $42,~~844~~921,~~554~~275 in net revenues and had net income of $~~512~~724,~~435~~554. As of March ~~September 30~~31, ~~2017~~2018, the Company had anretained ~~accumulated~~earnings ~~deficit~~ of $71455,~~209~~833.

~~Prior to the current and~~Revenues ~~previous~~and quarter, the Company reported its results substantial doubt about continuing on a going concern basis. This reporting was required as up to that period, the Company had operated at a loss for the prior few years, with revenue decreasing from approximately $3.5 million on an annual basis in the year ended December 31, 2014 to approximately $2.9 million for the year ended December 31, 2016. In addition, the Company had a working capital deficit as of December 31, 2016 of approximately $0.8 million with a cash position of approximately $50,000.Losses

During the ~~current~~three ~~and~~months ~~previous~~ended ~~quarter~~March 31, 2018, the Company ~~has~~posted ~~been~~net ~~able~~revenues toof ~~increase~~$2,921,275, ~~its~~total ~~revenues~~operating ~~with~~expenses ~~its~~of ~~primary~~$297,269, ~~customer~~consisting of tosalary ~~such~~and anwage ~~extent that~~expenses ~~the~~of ~~Company~~$139,302, nodepreciation ~~longer~~of ~~believes~~$66,472 itand ~~operates~~other ~~under~~general aand ~~going~~administrative ~~concern~~expenses of $91,495, and net income of $724,554. In comparison, during the three months ended ~~September~~March 3031, 2017 ~~and June 30~~, ~~2017,~~ the Company ~~was~~posted ~~able~~net ~~to generate substantially increased~~ revenues of ~~approximately~~ $~~2.2 and $~~1~~.6 million~~, ~~respectively with~~008,348, ~~profits~~total ~~from~~operating ~~operations~~expenses of ~~approximately~~ $~~477~~289,~~000 and $258~~453,~~000,~~ ~~respectively,~~consisting ~~which~~of ~~generated~~salary aand ~~net~~wage ~~profit~~expenses ~~for the nine months ended September 30, 2017~~ of ~~approximately~~ $~~512~~124,~~000.~~058, Asdepreciation of ~~September 30~~$50,781 ~~2017,~~and ~~the~~other ~~Company~~general and ~~has~~administrative ~~reduced~~expenses ~~its~~of ~~working capital deficit to~~ $.3114,614, ~~million~~ and ~~increased~~net ~~its~~loss ~~cash~~of ~~position to approximately~~ ($~~389~~180,~~000~~133).

In addition, during the nine months ended September 30, 2017, the Company was able to generate funds from operations in excess of its capital expenditures of approximately $594,000. In 2017, the Company’s primary customer completed its merger with Exelon, Inc. (survivor of the merger) and the Company has been notified that it is now a preferred vendor with Exelon, Inc. nationally. Given the additional contracts the Company has obtained and the additional contracts the Company is currently bidding upon with its primary customer, the Company believes that it will to continue to substantially increase its revenue base and its profitability in the upcoming quarters into 2018 and 2019 at a minimum.10

~~Revenues~~During the ~~and~~three ~~Losses~~months ended March 31, 2018, the Company incurred cost of revenue of $1,824,517, compared to cost of revenue of $883,030 for the three months ended March 31, 2017. The increase in cost of revenue was a result of increased costs relative to the increase in revenue from customer contracts.

~~During the nine months ended~~Based ~~September~~on ~~30,~~past ~~2017~~performance, the Company ~~posted~~is ~~net~~dependent on revenues ofgenerated ~~$4,844,554,~~from ~~total~~Potomac ~~operating~~Electric ~~expenses~~Power ofCo. ~~$1,471,784, consisting of salary~~ and ~~wage~~RCN ~~expenses~~Telecom ~~of $301~~Services,~~178, stock based compensation of $131,560 and other general and administrative expenses of $1,039,046,~~ ~~and a net income of $512,435~~LLC. InFor ~~comparison, during~~ the ~~nine~~three months ended ~~September~~March 3031, ~~2016,~~2018 ~~the~~and ~~Company~~three ~~posted~~months ~~net~~ended ~~revenues~~March ~~of $2~~31,~~349,398,~~ ~~total operating expenses of $908~~2017,~~985,~~ ~~consisting~~service ofrevenue ~~salary~~from ~~and~~Potomac ~~wage~~Electric ~~expenses~~Power ofCo. ~~$192,293~~accounted ~~and~~for ~~other~~97% ~~general~~ and ~~administrative~~97% ~~expenses~~ of ~~$716,692,~~the ~~and~~Company’s net ~~loss of $118~~revenue,~~313.~~ respectively.

~~During the nine months ended~~Liquidity ~~September~~and ~~30,~~Capital 2017, the Company incurred cost of revenue of $2,802,267, compared to cost of revenue of $1,527,108 for the nine months ended September 30, 2016. The increase in cost of revenue was a result of increased costs from customer contracts.Resources

~~Based~~As onof ~~past~~March ~~performance~~31, 2018, the Company ishad ~~dependent~~improved onits ~~revenues~~working ~~generated~~capital position from ~~Potomac~~$0.122 ~~Electric~~million ~~Power~~as Coof December 31, 2017 to $0.872 million and ~~RCN~~had ~~Telecom~~a cash ~~Services~~position of approximately $498,000 ~~LLC.~~compared ~~For~~to ~~the~~approximately ~~nine~~$715,000 ~~months ended~~as ~~September~~of 30December 31, 2017. ~~and~~In ~~nine~~addition, for the three months ended ~~September~~March 3031, ~~2016~~2018, ~~service~~the ~~revenue~~Company’s cash flows from ~~Potomac~~operating ~~Electric~~activities ~~Power~~increased ~~Co.~~to ~~accounted~~approximately ~~for~~$41,000 from ~~78%~~cash ~~and~~flows ~~100%~~used ofin ~~the~~operations ~~Company’s~~of ~~net~~approximately ~~revenue~~$36,000 ~~respectively.~~for ~~For~~ the ~~nine~~three months ended ~~September~~March 3031, 2017,. ~~22%~~The Company has been notified that it is now a preferred vendor for all of ~~revenues~~Exelon ~~were~~Corp. and has begun receiving new contracts and has begun bidding on additional ~~derived~~contracts. ~~from~~In ~~RCN~~2017, ~~Telecom~~and ~~Services~~to date in 2018, ~~LLC~~the Company has significantly increased its revenue run rate and expects the increases to continue through the remainder of 2018 and into 2019. The increased revenue has allowed the Company to begin operating profitably and the Company expects that those conditions will not only continue but increase in the coming quarters as new contracts are received and executed upon.

10Results of Operations

~~Liquidity~~Discussion of ~~and~~the ~~Capital~~three ~~Resources~~months ended March 31, 2018 as compared to the three months ended March 31, 2017

AsOur total ofrevenue ~~September~~was 30$2,921,275 ~~2017~~compared to $1,008,348 for the ~~Company~~ ~~had~~three ~~improved~~month ~~its~~periods ~~working~~ended ~~capital~~March ~~position~~31, ~~from~~2018 aand ~~deficit~~2017, respectively, representing an increase of $~~0.8~~1,912,927, ~~million~~or asapproximately of190%, ~~December~~in ~~31,~~2018. ~~2016~~The toincrease ain ~~deficit~~our ofrevenue ~~$0.3~~in ~~million and~~the ~~had~~first ~~also~~three ~~increased~~months ~~its~~of ~~cash~~2018, ~~position~~as compared to ~~$388,675~~the ~~from~~same ~~approximately~~period ~~$50~~in 2017,~~000~~ ascan oflargely ~~December~~be ~~31,~~attributed ~~2016.~~to Inmany ~~addition~~positive events, ~~for~~including ~~the~~being ~~nine months~~named ~~ended~~a ~~September~~Contractor ~~30,~~of ~~2017~~Choice for PEPCO / Exelon, which led to the Company’s ~~cash~~being ~~flows~~awarded contracts from ~~operations~~PEPCO inincluding ~~excess~~one offor ~~its~~$56 ~~capital~~million ~~expenditures~~and ~~increased~~two others for $5 tomillion ~~approximately~~and $~~594~~4 million,~~000~~ respectively. ~~The~~Additionally, going forward in 2018, the Company has ~~been~~recently ~~notified~~obtained ~~that~~contracts itwith iscompanies such ~~now~~as aSouthern ~~preferred~~Company, ~~vendor~~Georgia ~~for~~Power, ~~all~~Gulf ofPower, ~~Exelon~~Entergy ~~Corp.~~and its affiliates, and ~~has~~Google, ~~begun~~among others. In June 2016, PCC received ~~receiving~~minority-owned ~~new~~certification ~~contracts~~status ~~and~~from ~~has~~the ~~begun~~Capital ~~bidding~~Region onof ~~additional~~the ~~contracts~~National Minority Supplier Development Council (“NMSDC”). NMSDC Inis ~~2017,~~one of the ~~Company~~country’s ~~has~~leading ~~significantly~~corporate ~~increased~~membership ~~its~~organizations ~~revenue~~committed to helping supplier diversity by matching ~~run~~certified ~~rate~~minority-owned ~~and~~businesses ~~expects~~to ~~the~~its ~~increases~~vast network corporate members who wish to ~~continue~~purchase ~~into~~their ~~2018~~products, services and ~~2019~~solutions. Its ~~The~~corporate ~~increased~~membership ~~revenue~~includes ~~has~~many ~~allowed~~of the ~~Company~~largest topublic ~~begin~~and ~~operating profitably~~privately-owned ~~and~~companies, ~~the~~as ~~Company~~well ~~expects~~healthcare ~~that~~companies, ~~those~~colleges and ~~conditions~~universities. ~~will~~NMSDC ~~not~~maintains ~~only~~rigorous ~~continue~~certification ~~but~~standards ~~increase~~and inPCC ~~the~~anticipates ~~coming~~that ~~quarters~~such ascertification ~~new~~will ~~contracts~~provide a ~~are~~large ~~received~~base for growth and ~~executed~~potential ~~upon~~new projects.

~~Discussion~~Our cost of revenue was $1,824,517 compared to $883,030 for the ~~nine~~three ~~months~~month periods ended ~~September~~March 31, 2018 and 2017, respectively, representing 30an increase of $941,487, or approximately 107%, in 2018 comparing that in 2017. asThe ~~compared~~increase is the result of the 190% growth in revenues. Even though cost of revenues grew by 107%, the gross margin on revenue grew from 12% in 2017 to 38% in 2018. Our margin expansion in 2018 was primarily the ~~nine~~result ~~months~~of ~~ended~~a ~~September~~change 30we implemented in 2017 to reduce reliance on outside contract work. In 2017, ~~2016~~we increased our use of agreements with local International Brotherhood of Electrical Workers Unions (“IBEW” locals) in which we contract with the local to provide skilled professionals to assist us with our contract jobs and we agree to compensate the IBEW local for each professional for the time at their standard contract rates plus a fixed rate to cover their vacation, health and sick pay and other benefits of the given IBEW local. We do not enter into and are not part of any collective bargaining agreement when we contract for the use of their local employees.

~~For the nine months ended September 30, 2017, the Company posted net income of $512,435. At September 30, 2017, it had an accumulated deficit of $71,209.~~11

~~Net revenues during~~ Although the ~~nine months~~net ~~ended~~changes ~~September~~and ~~30,~~percent ~~2017~~changes ~~were~~for ~~$4,844,554~~our asrevenues ~~compared~~and toour ~~net~~cost ~~revenues~~of revenue for the ~~nine~~three ~~months~~month periods ended ~~September~~March 3031, ~~2016 of $2,349,398.~~2018 ~~The~~and ~~increase~~2017 ~~resulted~~are ~~from~~summarized ~~the resolution of the Pepco-Exelon merger~~above, ~~which~~these ~~caused~~trends ~~delays~~should ~~that~~not ~~negatively~~necessarily ~~affected~~be ~~the~~viewed ~~Company’s business~~as ~~in 2016, and commencing work with~~ a ~~new~~definitive ~~customer~~indication ~~beginning~~of inour ~~the~~future ~~second quarter of 2017~~results.

~~During the nine months ended~~Gross ~~September~~profit ~~30,~~was ~~2017, the Company posted a cost of revenue of~~ $~~2,802,267, salary and wages of $301,178, stock based compensation of $131,560 and general and administrative expenses of $~~1,~~039~~096,~~046,~~758 as compared to ~~a cost of revenue of~~ $1125,~~527,108,~~318 ~~salary~~for ~~and~~the ~~wages of~~three ~~$192,293,~~months ~~stock~~ending ~~based~~March ~~compensation~~31, of2018 $0 and ~~general~~2017, ~~and~~respectively, ~~administrative~~an ~~expenses~~increase of $~~716~~974,~~692 for the nine months ended September~~440, 30or 775%, ~~2016. These increases in costs largely resulted~~ from ~~increases~~2018 into ~~labor~~2017. ~~and~~The ~~administrative~~increase ~~costs~~was ~~related~~mainly due to the ~~expansion~~significant ~~of the~~growth ~~Company’s business. The increased gross profit percentage achieved~~ in ~~2017~~revenue, ~~compared~~as tonoted ~~2016~~above, ~~was~~and the ~~direct~~change ~~result of~~described ~~the~~above ~~Company~~on ~~using~~our ~~its~~reduction ~~own employees~~ in ~~2017 versus using~~ outside ~~contractor~~contracted ~~in 2016~~labor.

~~During~~The operating ~~the~~expenses ~~nine~~for ~~months~~the ~~ended September~~Company 30were $297,269 ~~2017~~compared to $289,453 for the ~~Company~~three ~~posted~~months ~~net~~ended ~~income~~March ~~of $512~~31,~~435~~ as2018 ~~compared~~and to2017, ~~net~~respectively, representing ~~loss~~a difference of $~~118~~7,~~313~~816, ~~for~~or 2.7%, in the ~~nine~~three months ended ~~September 30~~March 31, ~~2016.~~2018 ~~The~~compared ~~decrease~~to the same period in ~~net~~2017. ~~loss~~This minimal ~~resulted~~increase ~~from~~is ~~increases~~due to an increase in ~~gross~~depreciation ~~profit~~expense ~~related~~and toother ~~the~~normal ~~expansion~~business ofoperation ~~the~~costs ~~Company’s~~that ~~business~~accompanied our growth in revenue as described above. .

~~For~~Interest expense ~~the~~was ~~nine~~$19,346 ~~months~~compared ~~ended~~to ~~September 30~~$15,998 ~~2017,~~in the ~~Company~~three ~~generated~~month ~~cash~~periods ~~from~~ended ~~operating~~March ~~activities of $626~~31,~~094.~~ ~~During~~2018 ~~such~~and ~~period~~2017, ~~the~~respectively, ~~Company~~an ~~also~~increase ~~used~~of approximately ~~cash~~21%. inThe ~~investing activities~~change in ~~the~~interest ~~amount~~expense offor ~~$31,719~~the ~~and~~quarter-end ~~used~~periods ~~cash~~was indue ~~financing~~primarily ~~activities~~to ~~of $255,444. In comparison, for~~ the ~~nine~~fact ~~months~~that ~~ended September 30, 2016,~~ the Company ~~used~~continues to ~~cash~~acquire inmachinery ~~operating~~and ~~activities~~equipment, ofprimarily ~~$78~~vehicles,~~039,~~ ~~used~~and ~~cash~~has infinanced ~~investing activities in~~ the ~~amount~~majority of ~~$314,032~~ ~~and~~those ~~generated~~acquisitions ~~cash~~through ~~from~~various ~~financing~~banks and ~~activities~~finance ~~of $428,143~~companies.

~~Discussion of the three months ended September~~Changes ~~30,~~in ~~2017~~Cash ~~as compared to the three months ended September 30, 2016~~Flow

~~Net revenues during the three~~Operating months ended September 30, 2017 were $2,211,576 as compared to net revenues for the three months ended September 30, 2016 of $1,058,947. The increase resulted from the resolution of the Pepco-Exelon merger, which caused delays that negatively affected the Company’s business in 2016.Activities

~~During~~The Company had net cash provided by operating activities for the three months ended ~~September~~ 30March 31, ~~2017~~2018 of $41,399 compared to net cash used by operating activities for the ~~Company~~three ~~posted~~months aended ~~cost~~March of31, ~~revenue~~2017 of $135,~~263~~534,~~671,~~ ~~salary~~an ~~and~~improvement ~~wages~~to cash of approximately $8477,~~819~~000. ~~and~~Cash ~~general~~provided by operating activities is driven by our net income and ~~administrative expenses~~adjusted ofby ~~$386,394,~~non-cash items as ~~compared~~well toas achanges ~~cost~~in ofoperating ~~revenue~~assets ofand liabilities. ~~$688,316,~~Non-cash ~~salary~~adjustments ~~and~~include ~~wages~~depreciation. ofNon-cash ~~$71,331~~adjustment ~~and~~for ~~general~~depreciation ~~and~~totaled ~~administrative expenses~~$66,472 ofand $~~173~~50,~~053~~781 for the three months ended ~~September~~March 3031, ~~2016~~2018 and 2017, respectively. ~~These~~For ~~increases~~the inthree ~~costs~~months ~~largely~~ended ~~resulted~~March ~~from~~31, ~~increases~~2018, the net negative change in ~~labor~~operating assets and ~~administrative~~liabilities ~~costs~~was ~~related~~$749,626 compared to the ~~expansion~~three ofmonths ended March 31, 2017 where the ~~Company’s~~net ~~business~~positive change in operating assets and liabilities was $93,818. The ~~increased~~negative ~~gross~~change ~~profit~~in ~~percentage achieved~~operating inassets ~~2017~~and ~~compared~~liabilities tohad ~~2016~~a ~~was~~much ~~the~~greater ~~direct~~impact on ~~result~~net ofcash provided by operating activities for the ~~Company~~three ~~using~~months ~~its~~ended ~~own~~March ~~employees~~31, in2018 ~~2017~~compared ~~versus~~to ~~using~~the ~~outside~~three ~~contractor~~months ended March in31, ~~2016~~2017.

~~During the three months ended~~Investing September 30, 2017, the Company posted net income of $462,783 as compared to net income of $115,970 for the three months ended September 30, 2016. The increase in net income resulted from increases in gross profit related to the expansion of the Company’s business. activities

~~Off-Balance~~The ~~Sheet~~purchase ~~Arrangements~~of vehicles and equipment was $64,025 for the three months ended March 31, 2018 compared to $0 in the comparable period in 2017. However, there was a $1,750 use of cash for investing activities for the three months ended March 31, 2017 to reduce a payable to a related party.

~~The Company has no off-balance sheet arrangements~~Financing that have or are reasonably likely to have a current or future effect on its financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources.Activities

~~Equipment~~Net cash ~~Financing~~used by financing activities was $194,343 for the three months ended March 31, 2018 compared to net cash provided by financing activities of $32,195 for the three months ended March 31, 2017. The primary difference is that in the three months ended March 31, 2018, we used cash to reduce our debt by $194,343, including payments of $2,270 to reduce a payable to a related party. This is compared to proceeds from capital contributions of approximately $36,900 and proceeds from a payable to a related party of $30,000, net of approximately $35,000 in loan repayments in the three months ended March 31, 2017.

~~The Company has no existing equipment financing~~Off-Balance ~~arrangements.~~Sheet Arrangements

~~Sources~~The Company has no off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on its financial condition, changes in financial condition, revenues or expenses, results of ~~Revenue~~operations, liquidity, capital expenditures or capital resources.

The Company earns revenue from executing its business plan and continuing to provide electric utility, fiber optic, and telecommunications construction and maintenance services through its wholly owned subsidiary, PowerComm Construction, Inc.12

11Sources of Revenue

~~Critical~~The Company ~~Accounting~~earns ~~Policies~~revenue from executing its business plan and continuing to provide electric utility, fiber optic, and telecommunications construction and maintenance services through its wholly owned subsidiary, PowerComm Construction, Inc.

~~The financial statements of the Company have been~~Critical ~~prepared~~Accounting in accordance with accounting principles generally accepted in the United States. The preparation of these financial statements requires making estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses, and related disclosure of contingent assets and liabilities. The estimates are based on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis of making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions.Policies

~~ITEM~~The financial 3statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States. ~~Quantitative~~The preparation of these financial statements requires making estimates and ~~Qualitative~~judgments ~~Disclosures~~that ~~About~~affect ~~Market~~the ~~Risk~~reported amounts of assets, liabilities, revenues and expenses, and related disclosure of contingent assets and liabilities. The estimates are based on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis of making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions.

~~Information~~ITEM 3. ~~not~~Quantitative ~~required~~and toQualitative beDisclosures ~~filed~~About byMarket ~~a smaller reporting company~~Risk.

~~ITEM~~Information not 4.required ~~Controls~~to ~~and~~be ~~Procedures~~filed by a smaller reporting company.

~~Disclosure~~ITEM 4. Controls and Procedures.

~~Pursuant to Rules adopted by the Securities and~~Disclosure ~~Exchange~~Controls ~~Commission, the Company carried out an evaluation of the effectiveness of the design~~ and operation of its disclosure controls and procedures pursuant to Exchange Act Rules. This evaluation was done as of the end of the period covered by this report by the Company’s principal executive officer (who is also the principal financial officer) in consultation with an outside accounting advisor.Procedures

~~Based upon that evaluation, the Company’s~~Pursuant ~~principal~~to ~~executive~~Rules ~~officer~~adopted ~~has~~by ~~concluded that~~ the ~~Company’s~~Securities ~~disclosure controls~~ and ~~procedures~~Exchange ~~are not effective in gathering~~Commission, ~~analyzing~~ ~~and disclosing information needed to ensure that~~ the ~~information required to be disclosed by the~~ Company incarried ~~its~~out ~~periodic reports~~an isevaluation ~~recorded,~~of ~~processed, summarized and reported, within~~ the ~~time~~effectiveness ~~periods~~of ~~specified in~~ the ~~Commission’s rules and forms.~~ ~~Disclosure~~design ~~controls~~ and ~~procedures~~operation ~~include,~~of ~~without~~its ~~limitation,~~disclosure controls and procedures ~~designed~~pursuant to ~~ensure~~Exchange ~~that~~Act ~~information~~Rules. ~~required to~~This beevaluation ~~disclosed~~was bydone anas ~~issuer in~~ of the ~~reports~~end ~~that~~of ~~it files or submits under~~ the ~~Act~~period iscovered ~~accumulated~~by ~~and~~this ~~communicated~~report toby the ~~issuer~~Company’s ~~management,~~ ~~including its~~ principal executive ~~and~~officer ~~principal~~(who ~~financial~~is ~~officers,~~also orthe ~~persons~~principal ~~performing similar functions, as appropriate~~financial toofficer) ~~allow~~in ~~timely~~consultation ~~decisions~~with ~~regarding~~an ~~required~~outside ~~disclosure~~accounting advisor.

~~The~~Based upon that evaluation, the Company’s ~~intends~~principal toexecutive ~~engage~~officer ~~outside~~has ~~accounting~~concluded that the Company’s disclosure controls ~~advisors~~and procedures are not effective in gathering, analyzing and disclosing information needed to ~~assist~~ensure that the information required to be disclosed by the Company in ~~implementing~~its ~~effective~~periodic ~~disclosure~~reports is recorded, processed, summarized and reported, within the time periods specified in the Commission’s rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by an issuer in the reports that it files or submits under the Act is accumulated and communicated to the issuer’s management, including its principal executive and principal financial officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.

~~Changes~~The Company intends to engage outside accounting advisors to assist the Company in ~~Internal~~implementing ~~Controls~~effective disclosure controls and procedures.

~~There was no change in the Company’s internal control~~Changes ~~over financial reporting that was identified~~ in ~~connection~~Internal ~~with~~Controls ~~such evaluation that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the Company’s internal control~~ over ~~financial reporting.~~Financial Reporting

~~PART~~There was IIno --change ~~OTHER~~in ~~INFORMATION~~the Company’s internal control over financial reporting that was identified in connection with such evaluation that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the Company’s internal control over financial reporting.

~~ITEM~~PART II 2.-- ~~UNREGISTERED~~OTHER ~~SALES OF EQUITY SECURITIES AND USE OF PROCEEDS~~INFORMATION

~~The Company has issued the~~ITEM ~~following securities in the last three (3) years~~1. ~~Such~~LEGAL securities were issued pursuant to exemptions from registration under Section 4(a)(2) of the Securities Act of 1933, as amended, as transactions by an issuer not involving any public offering, as noted below. Each of these transactions was issued as part of a private placement of securities by the Company in which (i) no general advertising or solicitation was used, and (ii) the investors purchasing securities were acquiring the same for investment purposes only, without a view to resale.PROCEEDINGS

~~Since~~From time ~~inception~~to time, the Company ~~has~~ ~~issued~~may ~~shares~~become a party to legal actions or proceedings in the ordinary course of ~~common~~its ~~stock~~business. ~~which~~As of March 31, 2018, there were ~~not~~no ~~registered~~other assuch ~~follows:~~actions or proceedings, either individually or in the aggregate, that, if decided adversely to the Company’s interests, the Company believes would be material to its business.

The Company (as White Grotto Acquisition Corporation) issued an aggregate of 20,000,000 shares on formation in January 2015 pro rata (10,000,000 each) to James Cassidy and James McKillop, at a purchase price equal to $0.001 per share, of which all but an aggregate of 500,000 shares were redeemed pro rata at the purchase price.13

~~On September 16, 2015, the~~ITEM ~~Company issued 20,000,000 shares of its common stock to David Kwasnik, at a purchase price equal to $0~~2.~~001~~ ~~per~~UNREGISTERED ~~share,~~SALES asOF ~~part~~EQUITY ~~of a~~SECURITIES ~~change~~AND inUSE ~~control.~~OF PROCEEDS

12The Company has issued the following securities in the last three (3) years. Such securities were issued pursuant to exemptions from registration under Section 4(a)(2) of the Securities Act of 1933, as amended, as transactions by an issuer not involving any public offering, as noted below. Each of these transactions was issued as part of a private placement of securities by the Company in which (i) no general advertising or solicitation was used, and (ii) the investors purchasing securities were acquiring the same for investment purposes only, without a view to resale.

~~On November 15, 2016, pursuant~~Since ~~to the Acquisition~~inception, the Company has issued ~~200,000~~ shares of ~~its~~ common stock, ~~valued~~which atwere ~~$0.001~~not ~~per~~registered ~~share,~~as ~~in exchange for all the outstanding shares of PCC then held by the sole shareholder, David Kwasnik.~~follows:

On September ~~April 12~~16, ~~2017~~2015, the Company issued ~~160~~20,000,000 shares of its common stock to 16David ~~shareholders~~Kwasnik, at a purchase price equal to $0.001 per share, as part of a ~~private placement~~change for total proceeds of $160.00, pursuant to executed subscription agreements under a Regulation D offering or other private placement of securities. Each of these transactions was issued as part of the private placement of securities by the Company in ~~which~~ ~~no underwriting discounts or commissions applied to any of the transactions~~control. ~~The Company conducted such private placement offering in order to build a base of shareholders and establish relationships with a variety of shareholders.~~

On November ~~April~~15, 122016, ~~2017~~pursuant to the Acquisition, the Company issued 2200,~~470,~~000 shares of its common stock ~~to 28 employees and consultants~~, valued at ~~a cost basis of~~ $0.05001 per share, in exchange for ~~services~~ ~~rendered~~all tothe outstanding shares of PCC then held by the ~~Company~~sole shareholder, David Kwasnik.

On April ~~June 7~~12, 2017, the Company issued 1160,000 shares of its ~~Series~~common Astock ~~Preferred Stock~~ to ~~David~~16 ~~Kwasnik~~shareholders, ~~the Company’s sole officer and director,~~ at a purchase price ofequal to $0.~~0001~~ 001 per share, as part of a private placement for total proceeds of $0160.1000, pursuant to executed subscription agreements under a Regulation D offering or other private placement of securities. Each of these transactions was issued as part of the private placement of securities by the Company in which no underwriting discounts or commissions applied to any of the transactions. The Company conducted such private placement offering in order to build a base of shareholders and establish relationships with a variety of shareholders.

~~ITEM~~On April 512, 2017, the Company issued 2,470,000 shares of its common stock to 28 employees and consultants, at a cost basis of $0.05 per ~~OTHER~~share, ~~INFORMATION~~in exchange for services rendered to the Company.

NoOn June ~~Changes~~7, in2017, ~~Nomination~~the ~~Procedures~~Company issued 1,000 shares of its Series A Preferred Stock to David Kwasnik, the Company’s sole officer and director, at a purchase price of $0.0001 per share, for total proceeds of $0.10.

~~During the quarter covered by this Report, there~~ITEM ~~were~~5. ~~not~~OTHER ~~any material changes to the procedures by which security holders may recommend nominees to the Board of Directors.~~INFORMATION

~~ITEM~~No Changes 6.in ~~EXHIBITS~~Nomination Procedures

Exhibit No.		Description
2.1		Agreement and Plan of Reorganization between PowerComm Holdings, Inc. and PowerComm Construction, Inc. (filed as exhibit to the Form 8-K filed November 23, 2016)
3.1		Certificate of Incorporation (filed as exhibit to the Form 10-12G filed March 3, 2015)
3.2		By-laws (filed as exhibit to the Form 10-12G filed March 3, 2015)
3.3		Sample stock certificate (filed as exhibit to the Form 10-12G filed March 3, 2015)
10.1		Master Agreement for Services between Southern Company Services, Inc. and PowerComm Construction Inc. (filed as an exhibit to the Form 8-K/A filed October 5, 2017)
10.2		Master Services Agreement between RCN Telecom Services LLC and PowerComm Construction Inc. (filed as an exhibit to the Form 8-K/A filed October 5, 2017)
10.3		Construction Contract between PHI Service Company and PowerComm Construction Inc. (filed as an exhibit to the Form 8-K/A filed October 5, 2017)
31		Certification of the Chief Executive Officer and Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32		Certification of the Chief Executive Officer and Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
101.INS		XBRL Instance Document
101.SCH		XBRL Taxonomy Extension Schema Document
101.CAL		XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF		XBRL Taxonomy Extension Definition Linkbase Document
101.LAB		XBRL Taxonomy Extension Label Linkbase Document
101.PRE		XBRL Taxonomy Extension Presentation Linkbase Document

During the quarter covered by this Report, there were not any material changes to the procedures by which security holders may recommend nominees to the Board of Directors.

13ITEM 6. EXHIBITS

SIGNATURES

Exhibit No.		Description

2.1		Agreement and Plan of Reorganization between PowerComm Holdings, Inc. and PowerComm Construction, Inc. (filed as exhibit to the Form 8-K filed November 23, 2016)
3.1		Certificate of Incorporation (filed as exhibit to the Form 10-12G filed March 3, 2015)
3.2		By-laws (filed as exhibit to the Form 10-12G filed March 3, 2015)
3.3		Sample stock certificate (filed as exhibit to the Form 10-12G filed March 3, 2015)
10.1		Master Agreement for Services between Southern Company Services, Inc. and PowerComm Construction Inc. (filed as an exhibit to the Form 8-K/A filed October 5, 2017)
10.2		Master Services Agreement between RCN Telecom Services LLC and PowerComm Construction Inc. (filed as an exhibit to the Form 8-K/A filed October 5, 2017)

~~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.~~14

Dated: November 16, 2017

10.3		Construction Contract between PHI Service Company and PowerComm Construction Inc. (filed as an exhibit to the Form 8-K/A filed October 5, 2017)
31		Certification of the Chief Executive Officer and Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32		Certification of the Chief Executive Officer and Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
101.INS		XBRL Instance Document
101.SCH		XBRL Taxonomy Extension Schema Document
101.CAL		XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF		XBRL Taxonomy Extension Definition Linkbase Document
101.LAB		XBRL Taxonomy Extension Label Linkbase Document
101.PRE		XBRL Taxonomy Extension Presentation Linkbase Document

~~POWERCOMM HOLDINGS, INC. By: /s/ David Kwasnik Name: David Kwasnik Title: Chief Executive Officer, Chief Financial Officer~~15

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.

Dated: August 15, 2018

	POWERCOMM HOLDINGS, INC.

	By:	/s/ David Kwasnik
	Name:	David Kwasnik
	Title:	Chief Executive Officer, Chief Financial Officer

Filing Compare · PowerComm Holdings Inc.