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<P style="line-height:13pt; margin:0px; font-family:Calibri,Times New Roman" align=center><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B></P>
<P style="line-height:13pt; margin:0px; font-family:Calibri,Times New Roman" align=center><B>Washington, D.C. 20549</B></P>
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<P style="line-height:13pt; margin:0px; font-family:Calibri,Times New Roman" align=center><B>FORM 10-Q</B></P>
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<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0><TR height=0 style="font-size:0"><TD width=24 /><TD width=762 /></TR>
<TR><TD style="margin-top:0px" width=24><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" width=762><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=24><P style="line-height:13pt; margin:0px; font-family:Calibri,Times New Roman"><B>[X]</B></P>
</TD><TD style="margin-top:0px" valign=top width=762><P style="line-height:13pt; margin:0px; font-family:Calibri,Times New Roman"><B>QUARTERLY REPORT UNDER TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934</B></P>
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<TR><TD style="margin-top:0px" valign=top width=24><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=762><P style="line-height:13pt; margin:0px; font-family:Calibri,Times New Roman"><B>FOR THE QUARTERLY PERIOD ENDED JANUARY 31, 2015</B></P>
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<TR><TD style="margin-top:0px" valign=top width=24><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=762><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=24><P style="line-height:13pt; margin:0px; font-family:Calibri,Times New Roman"><B>OR</B></P>
</TD><TD style="margin-top:0px" valign=top width=762><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=24><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=762><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=24><P style="line-height:13pt; margin:0px; font-family:Calibri,Times New Roman"><B>[ ]</B></P>
</TD><TD style="margin-top:0px" valign=top width=762><P style="line-height:13pt; margin:0px; font-family:Calibri,Times New Roman"><B>TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934</B></P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:20pt" align=center><B><U>DANLAX, CORP.</U></B></P>
<P style="margin:0px; font-family:Calibri,Times New Roman" align=center>&nbsp;(Exact name of registrant as specified in its charter)</P>
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<P style="margin:0px; font-family:Calibri,Times New Roman" align=center><B><U>Nevada</U></B></P>
<P style="margin:0px; font-family:Calibri,Times New Roman" align=center>(State or Other Jurisdiction of Incorporation or Organization)</P>
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<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=319.2 /><TD width=354 /></TR>
<TR><TD style="margin-top:0px" valign=top width=319.2><P style="margin:0px; font-family:Calibri,Times New Roman" align=center><FONT style="background-color:#FFFFFF"><B><U>33-1229046</U></B></FONT></P>
<P style="margin:0px; font-family:Calibri,Times New Roman" align=center>IRS Employer Identification Number</P>
</TD><TD style="margin-top:0px" valign=top width=354><P style="margin:0px; font-family:Calibri,Times New Roman" align=center><B><U>7389</U></B></P>
<P style="margin:0px; font-family:Calibri,Times New Roman" align=center>Primary Standard Industrial Classification Code Number</P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=center><B>Danlax, Corp.</B></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=center><B>Transportnaya Street, 58-7</B></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=center><B>Nizhneudinsk, Russia 665106</B></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=center><B>Tel. (702) 605-4427</B></P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=center>&nbsp;(Address and telephone number of principal executive offices) </P>
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<P style="line-height:13pt; margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>Check whether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the last 90 days. <BR>
YES [X] NO [ ]</P>
<P style="line-height:12pt; margin:0px"><BR></P>
<P style="line-height:13pt; margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of &#147;large accelerated filer, &#147;accelerated filer,&#148; &#147;non-accelerated filer,&#148; and &#147;smaller reporting company&#148; in Rule 12b-2 of the Exchange Act.</P>
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<P style="line-height:13pt; margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><I>Large accelerated filer [ ] </I></P>
<P style="line-height:13pt; margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><I>Accelerated filer [ ]</I></P>
<P style="line-height:13pt; margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><I>Non-accelerated filer [ ] </I></P>
<P style="line-height:13pt; margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><I>Smaller reporting company [X]</I></P>
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<P style="line-height:13pt; margin:0px; font-family:Calibri,Times New Roman; font-size:11pt">Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). YES [X ] NO [ &nbsp;]</P>
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<P style="line-height:13pt; margin:0px; font-family:Calibri,Times New Roman; font-size:11pt">State the number of shares outstanding of each of the issuer&#146;s classes of common equity, as of the latest practicable date: 11,740,000 as of March 2, 2015</P>
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<P style="margin:0px; padding-top:4px; font-size:12pt; border-top:1px solid #000000" align=center>1</P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt; page-break-before:always" align=center><B>&nbsp;</B></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=center><B>TABLE OF CONTENTS</B></P>
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<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=85 /><TD width=605.667 /><TD width=38.067 /></TR>
<TR><TD style="margin-top:0px; background-color:#FFFFFF" valign=bottom width=690.667 colspan=2><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=center><FONT style="background-color:#FFFFFF">PART I FINANCIAL INFORMATION</FONT></P>
</TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=bottom width=38.067><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=85><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><FONT style="background-color:#FFFFFF">ITEM 1</FONT></P>
</TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=bottom width=605.667><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><FONT style="background-color:#FFFFFF">FINANCIAL STATEMENTS </FONT></P>
</TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=bottom width=38.067><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><FONT style="background-color:#FFFFFF">3</FONT></P>
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<TR><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=85><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><FONT style="background-color:#FFFFFF">&nbsp;&nbsp;&nbsp;</FONT></P>
</TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=bottom width=605.667><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><FONT style="background-color:#FFFFFF">&nbsp;BALANCE SHEETS</FONT></P>
</TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=bottom width=38.067><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><FONT style="background-color:#FFFFFF">3</FONT></P>
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<TR><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=85><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><FONT style="background-color:#FFFFFF">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></P>
</TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=bottom width=605.667><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><FONT style="background-color:#FFFFFF">&nbsp;STATEMENTS OF OPERATIONS</FONT></P>
</TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=bottom width=38.067><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><FONT style="background-color:#FFFFFF">4</FONT></P>
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<TR><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=85><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=bottom width=605.667><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><FONT style="background-color:#FFFFFF">&nbsp;STATEMENTS OF CASH FLOWS</FONT></P>
</TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=bottom width=38.067><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><FONT style="background-color:#FFFFFF">5</FONT></P>
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<TR><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=85><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=bottom width=605.667><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><FONT style="background-color:#FFFFFF">&nbsp;NOTES TO FINANCIAL STATEMENTS</FONT></P>
</TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=bottom width=38.067><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><FONT style="background-color:#FFFFFF">6</FONT></P>
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<TR><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=85><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><FONT style="background-color:#FFFFFF">ITEM 2.&nbsp;&nbsp;&nbsp;</FONT></P>
</TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=bottom width=605.667><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><FONT style="background-color:#FFFFFF">MANAGEMENT&#146;S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS </FONT></P>
</TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=bottom width=38.067><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><FONT style="background-color:#FFFFFF">9</FONT></P>
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<TR><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=85><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><FONT style="background-color:#FFFFFF">ITEM 3.&nbsp;&nbsp;&nbsp;</FONT></P>
</TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=bottom width=605.667><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><FONT style="background-color:#FFFFFF">QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK </FONT></P>
</TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=bottom width=38.067><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><FONT style="background-color:#FFFFFF">11</FONT></P>
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<TR><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=85><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><FONT style="background-color:#FFFFFF">ITEM 4.</FONT></P>
</TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=bottom width=605.667><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><FONT style="background-color:#FFFFFF">CONTROLS AND PROCEDURES</FONT></P>
</TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=bottom width=38.067><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><FONT style="background-color:#FFFFFF">11</FONT></P>
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<TR><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=690.667 colspan=2><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=center><FONT style="background-color:#FFFFFF">PART II OTHER INFORMATION</FONT></P>
</TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=bottom width=38.067><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=85><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><FONT style="background-color:#FFFFFF">ITEM 1&nbsp;&nbsp;&nbsp;</FONT></P>
</TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=bottom width=605.667><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><FONT style="background-color:#FFFFFF">LEGAL PROCEEDINGS</FONT></P>
</TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=bottom width=38.067><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><FONT style="background-color:#FFFFFF">12</FONT></P>
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<TR><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=85><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><FONT style="background-color:#FFFFFF">ITEM 2.&nbsp;&nbsp;</FONT></P>
</TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=bottom width=605.667><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><FONT style="background-color:#FFFFFF">UNREGISTERED SALES OF EQUITY S<A NAME="_Hlt215889823"></A><A NAME="_Hlt215889824"></A>ECURITIES AND USE OF PROCEEDS</FONT></P>
</TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=bottom width=38.067><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><FONT style="background-color:#FFFFFF">12</FONT></P>
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<TR><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=85><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><FONT style="background-color:#FFFFFF">ITEM 3&nbsp;&nbsp;&nbsp;</FONT></P>
</TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=bottom width=605.667><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><FONT style="background-color:#FFFFFF">DEFAULTS UPON SENIOR SECURITIES</FONT></P>
</TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=bottom width=38.067><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><FONT style="background-color:#FFFFFF">12</FONT></P>
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<TR><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=85><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><FONT style="background-color:#FFFFFF">ITEM 4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></P>
</TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=bottom width=605.667><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><FONT style="background-color:#FFFFFF">SUBMISSION OF MATTERS TO A VOTE OF <A NAME="_Hlt215890523"></A><A NAME="_Hlt215890524"></A>SECURITY HOLDERS</FONT></P>
</TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=bottom width=38.067><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><FONT style="background-color:#FFFFFF">12</FONT></P>
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<TR><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=85><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><FONT style="background-color:#FFFFFF">ITEM 5&nbsp;&nbsp;</FONT></P>
</TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=bottom width=605.667><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><FONT style="background-color:#FFFFFF">OTHER INFORMATION</FONT></P>
</TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=bottom width=38.067><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><FONT style="background-color:#FFFFFF">12</FONT></P>
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<TR><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=85><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><FONT style="background-color:#FFFFFF">ITEM 6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></P>
</TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=bottom width=605.667><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><FONT style="background-color:#FFFFFF">EXHIBITS </FONT></P>
</TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=bottom width=38.067><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><FONT style="background-color:#FFFFFF">12</FONT></P>
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<TR><TD style="margin-top:0px; background-color:#FFFFFF" valign=top width=85><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=bottom width=605.667><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><FONT style="background-color:#FFFFFF">SIGNATURES</FONT></P>
</TD><TD style="margin-top:0px; background-color:#FFFFFF" valign=bottom width=38.067><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><FONT style="background-color:#FFFFFF">13</FONT></P>
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<P style="margin:0px" align=center><BR></P>
<P style="margin-top:14.667px; margin-bottom:3.667px" align=center><BR>
<BR></P>
<P style="margin:0px; padding-top:4px; font-size:12pt; border-top:1px solid #000000" align=center>2</P>
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<P style="margin-top:14.667px; margin-bottom:3.667px; page-break-before:always" align=center><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=18 /><TD width=455 /><TD width=162.533 /><TD width=0.6 /><TD width=141.8 /><TD width=1.533 /></TR>
<TR><TD style="margin-top:0px; background-color:#E2EFD9" valign=top width=779.467 colspan=6><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=center><B>DANLAX, CORP.</B></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=center><B>&nbsp;CONDENSED BALANCE SHEETS </B></P>
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<TR><TD style="margin-top:0px" valign=top width=473 colspan=2><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=162.533><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=center><B>JANUARY 31, 2015</B></P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=143.933 colspan=3><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=center><B>JULY 31, 2014</B></P>
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<TR><TD style="margin-top:0px" valign=top width=473 colspan=2><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=center><B>ASSETS</B></P>
</TD><TD style="margin-top:0px" valign=top width=163.133 colspan=2><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=center><B>(unaudited)</B></P>
</TD><TD style="margin-top:0px" valign=top width=143.333 colspan=2><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=473 colspan=2><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=163.133 colspan=2><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=143.333 colspan=2><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=473 colspan=2><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><B>Current Assets</B></P>
</TD><TD style="margin-top:0px" valign=top width=163.133 colspan=2><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=143.333 colspan=2><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=18><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=455><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt">Cash</P>
</TD><TD style="margin-top:0px" valign=bottom width=163.133 colspan=2><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>$ &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5,166</P>
</TD><TD style="margin-top:0px" valign=bottom width=143.333 colspan=2><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>$ &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9,521</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=18><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=455><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><B>Total current assets</B></P>
</TD><TD style="margin-top:0px; border-top:1px solid #000000; border-bottom:1px solid #000000" valign=bottom width=163.133 colspan=2><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>5,166</P>
</TD><TD style="margin-top:0px; border-top:1px solid #000000; border-bottom:1px solid #000000" valign=bottom width=143.333 colspan=2><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>9,521</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=473 colspan=2><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=163.133 colspan=2><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=143.333 colspan=2><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=473 colspan=2><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><B>Total assets &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=163.133 colspan=2><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>$ &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5,166</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=143.333 colspan=2><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>$ &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9,521</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=779.467 colspan=6><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=center><B>LIABILITIES AND STOCKHOLDERS&#146; EQUITY</B></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=779.467 colspan=6><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><B>Liabilities</B></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=779.467 colspan=6><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><B>Current liabilities</B></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=18><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=455><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt">Loans from Shareholders</P>
</TD><TD style="margin-top:0px" valign=bottom width=163.133 colspan=2><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>$ &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;306</P>
</TD><TD style="margin-top:0px" valign=bottom width=143.333 colspan=2><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>$ &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;306</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=18><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=455><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt">Accounts payable</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=163.133 colspan=2><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>300</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=143.333 colspan=2><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>-</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=473 colspan=2><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><B>Total liabilities</B></P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=163.133 colspan=2><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>606</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=143.333 colspan=2><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>306</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=779.467 colspan=6><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=779.467 colspan=6><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><B>Stockholders&#146; Equity </B></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=18><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt">&nbsp;&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=455><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt">Common stock, $0.001 par value, 75,000,000 shares authorized;</P>
</TD><TD style="margin-top:0px" valign=top width=163.133 colspan=2><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=143.333 colspan=2><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=18><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=455><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt">11,740,000 shares issued and outstanding </P>
</TD><TD style="margin-top:0px" valign=bottom width=163.133 colspan=2><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>11,740</P>
</TD><TD style="margin-top:0px" valign=bottom width=143.333 colspan=2><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>11,740</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=18><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=455><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt">Additional paid-in-capital</P>
</TD><TD style="margin-top:0px" valign=bottom width=163.133 colspan=2><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>24,660</P>
</TD><TD style="margin-top:0px" valign=bottom width=143.333 colspan=2><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>24,660</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=18><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=455><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt">Accumulated &nbsp;deficit </P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=163.133 colspan=2><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>(31,840)</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=143.333 colspan=2><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>(27,185)</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=473 colspan=2><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><B>Total stockholders&#146; equity </B></P>
</TD><TD style="margin-top:0px" valign=bottom width=163.133 colspan=2><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>4,560</P>
</TD><TD style="margin-top:0px" valign=bottom width=143.333 colspan=2><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>9,215</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=473 colspan=2><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><B>Total liabilities and stockholders&#146; equity </B></P>
</TD><TD style="margin-top:0px; border-top:1px solid #000000; border-bottom:3px double #000000" valign=bottom width=163.133 colspan=2><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>$ &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5,166</P>
</TD><TD style="margin-top:0px; border-top:1px solid #000000; border-bottom:3px double #000000" valign=bottom width=143.333 colspan=2><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>$ &nbsp;&nbsp;&nbsp;&nbsp;9,521</P>
</TD></TR>
</TABLE>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=center><B>The accompanying notes are an integral part of these condensed financial statements.</B></P>
<P style="margin:0px" align=center><BR>
<BR></P>
<P style="margin:0px; padding-top:4px; font-size:12pt; border-top:1px solid #000000" align=center>3</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; page-break-before:always" align=center><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=203.2 /><TD width=143.133 /><TD width=114.867 /><TD width=108 /><TD width=101.133 /></TR>
<TR><TD style="margin-top:0px; background-color:#E2EFD9" valign=top width=670.333 colspan=5><P style="margin:0px; padding-left:24.133px; font-family:Calibri,Times New Roman; font-size:11pt" align=center><FONT style="background-color:#EAF1DD"><B>DANLAX, CORP.</B></FONT></P>
<P style="margin:0px; padding-left:24.133px; font-family:Calibri,Times New Roman; font-size:11pt" align=center><FONT style="background-color:#EAF1DD"><B>CONDENSED STATEMENTS OF OPERATIONS - (UNAUDITED)</B></FONT></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=203.2><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=143.133><P style="margin:0px; padding-right:0.8px; font-family:Calibri,Times New Roman; font-size:11pt" align=center><B>THREE MONTHS ENDED JANUARY 31, 2015</B></P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=114.867><P style="margin:0px; padding-right:0.8px; font-family:Calibri,Times New Roman; font-size:11pt" align=center><B>THREE MONTHS ENDED JANUARY 31, 2014</B></P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=108><P style="margin:0px; padding-right:0.8px; font-family:Calibri,Times New Roman; font-size:11pt" align=center><B>SIX MONTHS ENDED JANUARY 31, 2014</B></P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=101.133><P style="margin:0px; padding-right:0.8px; font-family:Calibri,Times New Roman; font-size:11pt" align=center><B>SIX MONTHS ENDED JANUARY 31, 2014</B></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=203.2><P style="margin:0px; padding-left:49.267px; text-indent:-49.267px; font-family:Calibri,Times New Roman; font-size:11pt"><B>Revenues</B></P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=143.133><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>$ &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=114.867><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>$ &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=108><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>$ &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=101.133><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>$ &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=203.2><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=143.133><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=114.867><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=108><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=101.133><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=203.2><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><B>Operating Expenses</B></P>
</TD><TD style="margin-top:0px" valign=top width=143.133><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=114.867><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=108><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=101.133><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=203.2><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt">General and administrative expenses</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=143.133><P style="margin:0px" align=right><BR></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>1,314</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=114.867><P style="margin:0px" align=right><BR></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>1,042</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=108><P style="margin:0px" align=right><BR></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>4,655</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=101.133><P style="margin:0px" align=right><BR></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>5,556</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=203.2><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><B>Total operating expenses</B></P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=143.133><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>1,314</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=114.867><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>1,042</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=108><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>4,655</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=101.133><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>5,556</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=203.2><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=143.133><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=114.867><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=108><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=101.133><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=203.2><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><B>Net loss from operations </B></P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=143.133><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>(1,314)</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=114.867><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>(1,042)</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=108><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>(4,655)</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=101.133><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>(5,556)</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=203.2><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><B>Net loss &nbsp;</B></P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=143.133><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>$ &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1,314)</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=114.867><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>$ &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1,042)</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=108><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>$ &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4,655)</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=top width=101.133><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>$ &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5,556)</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=203.2><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><B>Loss per common share &#150; Basic </B></P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=143.133><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>-</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=114.867><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>-</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=108><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>-</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=101.133><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>-</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=203.2><P style="margin:0px; padding-right:-15.533px; font-family:Calibri,Times New Roman; font-size:11pt"><B>Weighted Average Number of Common Shares Outstanding-Basic</B></P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=143.133><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>11,740,000</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=114.867><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>9,000,000</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=108><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>11,740,000</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=101.133><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>9,000,000</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=center><B>The accompanying notes are an integral part of these condensed financial statements.</B></P>
<P style="margin:0px" align=center><BR>
<BR></P>
<P style="margin:0px; padding-top:4px; font-size:12pt; border-top:1px solid #000000" align=center>4</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; page-break-before:always" align=center><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=18 /><TD width=301.333 /><TD width=152.333 /><TD width=156 /></TR>
<TR><TD style="margin-top:0px; background-color:#E2EFD9" valign=top width=627.667 colspan=4><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=center><FONT style="background-color:#EAF1DD"><B>DANLAX, CORP.</B></FONT></P>
<P style="margin:0px; padding-right:0.8px; font-family:Calibri,Times New Roman; font-size:11pt" align=center><FONT style="background-color:#E2EFD9"><B>CONDENSED STATEMENTS OF CASH FLOWS - (UNAUDITED)</B></FONT></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=319.333 colspan=2><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=152.333><P style="margin:0px; padding-right:0.8px; font-family:Calibri,Times New Roman; font-size:11pt" align=center><B>SIX MONTHS ENDED JANUARY 31, 2015</B></P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=156><P style="margin:0px; padding-right:0.8px; font-family:Calibri,Times New Roman; font-size:11pt" align=center><B>SIX MONTHS ENDED JANUARY 31, 2014</B></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=319.333 colspan=2><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><B>Operating Activities</B></P>
</TD><TD style="margin-top:0px" valign=bottom width=152.333><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=156><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=18><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=301.333><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt">Net loss</P>
</TD><TD style="margin-top:0px" valign=bottom width=152.333><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>$ &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4,655)</P>
</TD><TD style="margin-top:0px" valign=bottom width=156><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>$ &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5,556)</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=18><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=301.333><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt">Accounts payable</P>
</TD><TD style="margin-top:0px" valign=bottom width=152.333><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>300</P>
</TD><TD style="margin-top:0px" valign=bottom width=156><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=18><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=301.333><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt">Net cash provided by (used in) operating activities</P>
</TD><TD style="margin-top:0px; border-top:1px solid #000000; border-bottom:1px solid #000000" valign=bottom width=152.333><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>(4,355)</P>
</TD><TD style="margin-top:0px; border-top:1px solid #000000; border-bottom:1px solid #000000" valign=bottom width=156><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>(5,556)</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=319.333 colspan=2><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><B>Financing Activities</B></P>
</TD><TD style="margin-top:0px" valign=bottom width=152.333><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=156><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=18><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=301.333><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt">Sale of common stock</P>
</TD><TD style="margin-top:0px" valign=bottom width=152.333><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>-</P>
</TD><TD style="margin-top:0px" valign=bottom width=156><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>-</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=18><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=301.333><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt">Loans from Shareholders</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=152.333><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>-</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=156><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>-</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=18><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=301.333><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt">Net cash provided by financing activities</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=152.333><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>-</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=156><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>-</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=bottom width=319.333 colspan=2><P style="margin:0px"><BR></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt">Net increase (decrease) in cash and equivalents</P>
</TD><TD style="margin-top:0px" valign=bottom width=152.333><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>(4,355)</P>
</TD><TD style="margin-top:0px" valign=bottom width=156><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>(5,556)</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=bottom width=319.333 colspan=2><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt">Cash and equivalents at beginning of the period</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=152.333><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>9,521</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=156><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>9,100</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=319.333 colspan=2><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt">Cash and equivalents at end of the period</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=152.333><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>$ &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5,166</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=156><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>$ &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3,544</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=18><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=301.333><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><B>Supplemental cash flow information:</B></P>
</TD><TD style="margin-top:0px" valign=bottom width=152.333><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=156><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=18><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=301.333><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt">Cash paid for: </P>
</TD><TD style="margin-top:0px" valign=bottom width=152.333><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=156><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=18><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=301.333><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt">Interest &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=152.333><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>$ &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=156><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>$ &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=18><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=301.333><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt">Taxes &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=152.333><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>$ &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=156><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>$ &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=319.333 colspan=2><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><B>Non-Cash Financing Activities</B></P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=152.333><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>$ &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=bottom width=156><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=right>$ &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=center><B>The accompanying notes are an integral part of these condensed financial statements.</B></P>
<P style="margin:0px" align=center><BR>
<BR></P>
<P style="margin:0px; padding-top:4px; font-size:12pt; border-top:1px solid #000000" align=center>5</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt; page-break-before:always" align=center><B>DANLAX, CORP.</B></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=center><B>NOTES TO THE UNAUDITED CONDENSED FINANCIAL STATEMENTS</B></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=center><B>JANUARY 31, 2015</B></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify><B>NOTE 1 &#150; SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</B></P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify><U>Organization and Description of Business</U></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>DANLAX, CORP. (&#147;the Company&#148;) was incorporated under the laws of the State of Nevada, U.S. on April 10, 2013. &nbsp;The Company is a start-up company. &nbsp;Since inception through January 31, 2015 the Company has not generated any revenue and has accumulated losses of $31,840. Company is in the business of mobile games development.</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify><U>Cash and Cash Equivalents</U></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>The Company considers all highly liquid instruments purchased with a maturity of three months or less to be cash equivalents to the extent the funds are not being held for investment purposes.</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>The Company's bank accounts are deposited in insured institutions. The funds are insured up to $250,000. At January 31, 2015 the Company's bank deposits did not exceed the insured amounts.</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify><U>Basic Income (Loss) Per Share</U></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>The Company computes loss per share in accordance with &#147;ASC-260&#148;, &#147;Earnings per Share&#148; which requires presentation of both basic and diluted earnings per share on the face of the statement of operations. Basic loss per share is computed by dividing net loss available to common shareholders by the weighted average number of outstanding common shares during the period. Diluted loss per share gives effect to all dilutive potential common shares outstanding during the period. &nbsp;Dilutive loss per share excludes all potential common shares if their effect is anti-dilutive.</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify><U>Dividends</U></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>The Company has not adopted any policy regarding payment of dividends. No dividends have been paid during any of the periods shown.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify><U>Income Taxes</U></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>The Company follows the liability method of accounting for income taxes. &nbsp;Under this method, deferred income tax assets and liabilities are recognized for the estimated tax consequences attributable to differences between the financial statement carrying values and their respective income tax basis (temporary differences). &nbsp;The effect on deferred income tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. </P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify><U>Advertising Costs</U></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>The Company&#146;s policy regarding advertising is to expense advertising when incurred. The Company incurred advertising expense of $0 during the period ended January 31, 2015.</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px" align=center><BR>
<BR></P>
<P style="margin:0px; padding-top:4px; font-size:12pt; border-top:1px solid #000000" align=center>6</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt; page-break-before:always" align=center><B>DANLAX, CORP.</B></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=center><B>NOTES TO THE UNAUDITED CONDENSED FINANCIAL STATEMENTS</B></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=center><B>JANUARY 31, 2015</B></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify><B>NOTE 1 &#150; SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - CONTINUED</B></P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify><U>Accounting Basis</U></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>The Company uses the accrual basis of accounting and accounting principles generally accepted in the United States of America (&#147;GAAP&#148; accounting).&nbsp;&nbsp;The Company has adopted July 31 fiscal year end.</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify><U>Impairment of Long-Lived Assets</U></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>The Company continually monitors events and changes in circumstances that could indicate carrying amounts of long-lived assets may not be recoverable. When such events or changes in circumstances are present, the Company assesses the recoverability of long-lived assets by determining whether the carrying value of such assets will be recovered through undiscounted expected future cash flows. If the total of the future cash flows is less than the carrying amount of those assets, the Company recognizes an impairment loss based on the excess of the carrying amount over the fair value of the assets. Assets to be disposed of are reported at the lower of the carrying amount or the fair value less costs to sell.</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify><U>Recent accounting pronouncements</U> </P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>On June 10, 2014, the Financial Accounting Standards Board (&quot;FASB&quot;) issued update ASU 2014-10, Development Stage Entities (Topic 915).&nbsp;&nbsp;&nbsp;Amongst other things, the amendments in this update removed the definition of development stage entity from Topic 915, thereby removing the distinction between development stage entities and other reporting entities from US GAAP.&nbsp; In addition, the amendments eliminate the requirements for development stage entities to (1) present inception-to-date information on the statements of income, cash flows and shareholders equity, (2) label the financial statements as those of a development stage entity;&nbsp; (3) disclose a description of the development stage activities in which the entity is engaged and (4) disclose in the first year in which the entity is no longer a development stage entity that in prior years it had been in the development stage.&nbsp; The amendments are effective for annual reporting periods beginning after December 31, 2014 and interim reporting periods beginning after December 15, 2015, however entities are permitted to early adopt for any annual or interim reporting period for which the financial statements have yet to be issued.&nbsp; The Company has elected to early adopt these amendments and accordingly have not labeled the financial statements as those of a development stage entity and have not presented inception-to-date information on the respective financial statements.</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify><U>Use of Estimates</U></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>The preparation of financial statements in conformity with generally accepted accounting principles 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 the financial statements and the reported amount of revenues and expenses during the reporting period.&nbsp;&nbsp;Actual results could differ from those estimates.</P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt; page-break-before:always" align=center><B>DANLAX, CORP.</B></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=center><B>NOTES TO THE UNAUDITED CONDENSED FINANCIAL STATEMENTS</B></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=center><B>JANUARY 31, 2015</B></P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify><U>Stock-Based Compensation</U></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>As of January 31, 2015 the Company has not issued any stock-based payments to its employees. Stock-based compensation is accounted for at fair value in accordance with SFAS No. 123 and 123(R) (ASC 718). &nbsp;To date, the Company has not adopted a stock option plan and has not granted any stock options.</P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify><U>Revenue Recognition</U></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>The Company will recognize revenue when products are fully delivered or services have been provided and collection is reasonably assured.</P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><B>NOTE 2 &#150; GOING CONCERN</B></P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>The accompanying financial statements have been prepared in conformity with generally accepted accounting principle, which contemplate continuation of the Company as a going concern. &nbsp;However, the Company had no revenues as of January 31, 2015. &nbsp;The Company currently has limited working capital, and has not completed its efforts to establish a stabilized source of revenues sufficient to cover operating costs over an extended period of time. &nbsp;</P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>Management anticipates that the Company will be dependent, for the near future, on additional investment capital to fund operating expenses The Company intends to position itself so that it may be able to raise additional funds through the capital markets. In light of management&#146;s efforts, there are no assurances that the Company will be successful in this or any of its endeavors or become financially viable and continue as a going concern.</P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><B>NOTE 3 &#150; COMMON STOCK</B></P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>The Company has 75,000,000 common shares authorized with a par value of $ 0.001 per share. On July 25, 2013, the Company issued 9,000,000 shares of its common stock at $0.001 per share for total proceeds of $9,000. In May 2014, the Company issued 2,740,000 shares of its common stock at $0.01 per share for total proceeds of $27,400</P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>As of January 31, 2015, the Company had 11,740,000 shares issued and outstanding.</P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify><B>NOTE 4 &#150; RELATED PARTY TRANSACTIONS</B></P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>On July 25, 2013, the Company sold 9,000,000 shares&nbsp;of common stock at a price of $0.001 per share to its director.</P>
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<P style="margin:0px; padding-right:8.4px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>Since inception through January 31, 2015, the Director loaned $306 to the Company to pay for incorporation expenses. This loan is non-interest bearing, due upon demand and unsecured.</P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify><B>NOTE 5 &#150; SUBSEQUENT EVENTS</B></P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>The Company has evaluated subsequent events from January 31, 2015 to the date the financial statements were issued and has determined that there are no items to disclose.</P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify><B>ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION</B></P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt">FORWARD LOOKING STATEMENTS</P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>Statements made in this Form 10-Q that are not historical or current facts are &quot;forward-looking statements&quot; made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 (the &quot;Act&quot;) and Section 21E of the Securities Exchange Act of 1934. These statements often can be identified by the use of terms such as &quot;may,&quot; &quot;will,&quot; &quot;expect,&quot; &quot;believe,&quot; &quot;anticipate,&quot; &quot;estimate,&quot; &quot;approximate&quot; or &quot;continue,&quot; or the negative thereof. We intend that such forward-looking statements be subject to the safe harbors for such statements. We wish to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Any forward-looking statements represent management's best judgment as to what may occur in the future. However, forward-looking statements are subject to risks, uncertainties and important factors beyond our control that could cause actual results and events to differ materially from historical results of operations and events and those presently anticipated or projected. We disclaim any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statement or to reflect the occurrence of anticipated or unanticipated events.</P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify><B>General </B></P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>Danlax, Corp. was incorporated in the State of Nevada on April 10, 2013 and established a fiscal year end of July 31. We do not have revenues, have minimal assets and have incurred losses since inception. We are a development-stage company formed to develop and sell mobile games for the Apple and Android platforms. We have recently started our operation. As of today, we have developed our business plan and developed concepts of our first mobile game. We just started to develop a concept for our first mobile game and there is no guarantee that we ever develop this game. We will develop other mobile games when/if our first mobile game is successful and we have available funds for further development.</P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt">&nbsp;&nbsp;</P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>A&nbsp;mobile game&nbsp;is a&nbsp;video game&nbsp;played on a&nbsp;feature phone, smartphone&nbsp;PDA,&nbsp;tablet computer,&nbsp;portable media player&nbsp;or&nbsp;calculator. Mobile games are played using the technology present on the device itself. For&nbsp;networked games, there are various technologies in common use. Examples include text message (SMS), multimedia message (MMS) or GPS location identification. However, there are non-networked applications that simply use the device platform to run the game software. Mobile games are usually downloaded via the mobile operator&#146;s network, but in some cases are also loaded in the mobile handsets when purchased, via infrared connection,&nbsp;Bluetooth, or memory card.</P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt; page-break-before:always"><B>RESULTS OF OPERATION</B></P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>We are a development stage company and have not generated any revenue to date. We have incurred recurring losses to date. Our financial statements have been prepared assuming that we will continue as a going concern and, accordingly, do not include adjustments relating to the recoverability and realization of assets and classification of liabilities that might be necessary should we be unable to continue in operation. We expect we will require additional capital to meet our long term operating requirements. We expect to raise additional capital through, among other things, the sale of equity or debt securities. </P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>THREE MONTH PERIOD ENDED JANUARY 31, 2015 COMPARED TO THE THREE MONTH PERIOD ENDED JANUARY 31, 2014</P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>Our net loss for the three month period ended January 31, 2015 was $1,314 compared to a net loss of $1,042 during the six month period ended January 31, 2014. During the six month period ended January 31, 2015 we did not generate any revenue. </P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>&nbsp;</P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>During the three month period ended January 31, 2015, we incurred general and administrative expenses of $1,314 compared to $1,042 incurred during the three month period ended January 31, 2014. &nbsp;General and administrative expenses incurred during the six month period ended January 31, 2015 were generally related to corporate overhead, financial and administrative contracted services, such as legal and accounting, developmental costs, and marketing expenses. </P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>SIX MONTH PERIOD ENDED JANUARY 31, 2015 COMPARED TO THE SIX MONTH PERIOD ENDED JANUARY 31, 2014</P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>Our net loss for the six month period ended January 31, 2015 was $4,655 compared to a net loss of $5,556 during the six month period ended January 31, 2014. During the six month period ended January 31, 2015 we did not generate any revenue. </P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>&nbsp;</P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>During the six month period ended January 31, 2015, we incurred general and administrative expenses of $4,655 compared to $5,556 incurred during the six month period ended January 31, 2014. &nbsp;General and administrative expenses incurred during the six month period ended January 31, 2015 were generally related to corporate overhead, financial and administrative contracted services, such as legal and accounting, developmental costs, and marketing expenses. </P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify><B>LIQUIDITY AND CAPITAL RESOURCES</B></P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt">SIX MONTH PERIOD ENDED JANUARY 31, 2015 &nbsp;</P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>As of January 31, 2015, our current assets were $5,166 compared to $9,521 in current assets at July 31, 2014. Current assets were comprised of $5,166 in cash. As of January 31, 2015, our current liabilities were $606. Current liabilities were comprised of $306 in advances from a Director and $300 in accounts payable.</P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>&nbsp;</P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>Stockholders&#146; equity was $4,560 as of January 31, 2015 compared to stockholder&#146;s equity of $9,215 as of July 31, 2014. &nbsp;&nbsp;</P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt">CASH FLOWS FROM OPERATING ACTIVITIES</P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>We have not generated positive cash flows from operating activities. For the six month period ended January 31, 2015, net cash flows used in operating activities was $4,355 consisting of a net loss of $4,655 and accounts payable of $300. Net cash flows used in operating activities was $5,556 for the six month period ended January 31, 2014.</P>
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<P style="margin-top:0px; margin-bottom:12.2px; font-family:Calibri,Times New Roman; font-size:11pt">CASH FLOWS FROM FINANCING ACTIVITIES</P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>We have financed our operations primarily from either advances from shareholders or the issuance of equity instruments. For the six month periods ended January 31, 2015 and 2014, we have not received any cash flow &nbsp;provided by financing activities. &nbsp;</P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify><B>PLAN OF OPERATION AND FUNDING</B></P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>We expect that working capital requirements will continue to be funded through a combination of our existing funds and further issuances of securities. Our working capital requirements are expected to increase in line with the growth of our business.</P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>Existing working capital, further advances and debt instruments, and anticipated cash flow are expected to be adequate to fund our operations over the next six months. We have no lines of credit or other bank financing arrangements. Generally, we have financed operations to date through the proceeds of the private placement of equity and debt instruments. In connection with our business plan, management anticipates additional increases in operating expenses and capital expenditures relating to: (i) acquisition of inventory; (ii) developmental expenses associated with a start-up business; and (iii) marketing expenses. We intend to finance these expenses with further issuances of securities, and debt issuances. Thereafter, we expect we will need to raise additional capital and generate revenues to meet long-term operating requirements. Additional issuances of equity or convertible debt securities will result in dilution to our current shareholders. Further, such securities might have rights, preferences or privileges senior to our common stock. Additional financing may not be available upon acceptable terms, or at all. If adequate funds are not available or are not available on acceptable terms, we may not be able to take advantage of prospective new business endeavors or opportunities, which could significantly and materially restrict our business operations.</P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt; page-break-before:always" align=justify>MATERIAL COMMITMENTS</P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt">As of January 31, 2015, we had no material commitments.</P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt">PURCHASE OF SIGNIFICANT EQUIPMENT</P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt">We do not intend to purchase any significant equipment during the next twelve months.</P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>OFF-BALANCE SHEET ARRANGEMENTS </P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>As of the date of this Quarterly Report, 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 of operations, liquidity, capital expenditures or capital resources that are material to investors.</P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>GOING CONCERN</P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>The independent auditors' audit report accompanying our July 31, 2014 financial statements contained an explanatory paragraph expressing substantial doubt about our ability to continue as a going concern. The financial statements have been prepared &quot;assuming that we will continue as a going concern,&quot; which contemplates that we will realize our assets and satisfy our liabilities and commitments in the ordinary course of business.</P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify><B>ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.</B></P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>No report required.</P>
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<A NAME="contr"></A><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify><B>ITEM 4. CONTROLS AND PROCEDURES</B></P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>Our management is responsible for establishing and maintaining a system of disclosure <A NAME="exp3"></A>controls and <A NAME="exp4"></A>procedures (as defined in Rule 13a-15(e) and 15d-15(e) under the Exchange Act) that is designed to ensure that information required to be disclosed by us in the reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the Commission&#146;s rules and forms. Disclosure <A NAME="exp5"></A>controls and <A NAME="exp6"></A>procedures include, without limitation, <A NAME="exp7"></A>controls and <A NAME="exp8"></A>procedures designed to ensure that information required to be disclosed by an issuer in the reports that it files or submits under the Exchange Act is accumulated and communicated to the issuer&#146;s management, including its principal executive officer or officers and principal financial officer or officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.</P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>An evaluation was conducted under the supervision and with the participation of our management of the effectiveness of the design and operation of our disclosure controls and procedures as of January 31, 2015. Based on that evaluation, our management concluded that our disclosure controls and procedures were effective as of such date to ensure that information required to be disclosed in the reports that we file or submit under the Exchange Act, is recorded, processed, summarized and reported within the time periods specified in SEC rules and forms. Such officer also confirmed that there was no change in our internal control over financial reporting during the six-month period ended January 31, 2015 that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.</P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt; page-break-before:always" align=center><B>PART II. OTHER INFORMATION</B></P>
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<A NAME="legal"></A><P style="margin:0px"><BR></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><B>ITEM 1. LEGAL PROCEEDINGS</B></P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>Management is not aware of any legal proceedings contemplated by any governmental authority or any other party involving us or our properties. As of the date of this Quarterly Report, no director, officer or affiliate is (i) a party adverse to us in any legal proceeding, or (ii) has an adverse interest to us in any legal proceedings. Management is not aware of any other legal proceedings pending or that have been threatened against us or our properties.</P>
<A NAME="chang"></A><A NAME="_Hlt215889827"></A><P style="margin:0px" align=justify><BR></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify><B>ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS</B></P>
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<A NAME="def"></A><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt">No report required.</P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><B>ITEM 3. DEFAULTS UPON SENIOR SECURITIES</B></P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt">No report required.</P>
<A NAME="subm"></A><A NAME="_Hlt215890526"></A><P style="margin:0px"><BR></P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><B>ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS</B></P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt">No report required.</P>
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<A NAME="other"></A><P style="margin:0px"><BR></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><B>ITEM 5. OTHER INFORMATION</B></P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>None.</P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><B>&nbsp;<A NAME="exi"></A></B></P>
<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><B>ITEM 6. EXHIBITS</B></P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt">Exhibits:</P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>31.1 Certification of Chief Executive Officer and Chief Financial Officer &nbsp;pursuant to Securities Exchange Act of 1934 Rule 13a-14(a) or 15d-14(a).</P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt" align=justify>32.1 Certifications pursuant to Securities Exchange Act of 1934 Rule 13a-14(b) or 15d-14(b) and 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes- Oxley Act of 2002. </P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt">101 Interactive data files pursuant to Rule 405 of Regulation S-T.&nbsp;</P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt; page-break-before:always" align=center><B>SIGNATURES</B></P>
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<P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt">In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</P>
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<TR><TD style="margin-top:0px" valign=top width=294.067><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=296.333><P style="margin:0px; font-family:Calibri,Times New Roman; font-size:11pt"><B>DANLAX, CORP.</B></P>
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<TR><TD style="margin-top:0px" valign=top width=294.067><P style="margin-top:14.667px; margin-bottom:3.667px; font-family:Calibri,Times New Roman; font-size:11pt">Dated: March 2, 2015</P>
</TD><TD style="margin-top:0px" valign=top width=296.333><P style="margin-top:14.667px; margin-bottom:3.667px; font-family:Calibri,Times New Roman; font-size:11pt"><U>By: /s/ Ivan Krikun</U></P>
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<TR><TD style="margin-top:0px" valign=top width=294.067><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=296.333><P style="margin-top:14.667px; margin-bottom:3.667px; font-family:Calibri,Times New Roman; font-size:11pt">Ivan Krikun</P>
<P style="margin-top:14.667px; margin-bottom:3.667px; font-family:Calibri,Times New Roman; font-size:11pt">President and Chief Executive Officer and Chief Financial Officer</P>
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10-Q
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q
[X]
QUARTERLY REPORT UNDER TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
FOR THE QUARTERLY PERIOD ENDED JANUARY 31, 2015
OR
[ ]
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
DANLAX, CORP.
(Exact name of registrant as specified in its charter)
Nevada
(State or Other Jurisdiction of Incorporation or Organization)
33-1229046
IRS Employer Identification Number
7389
Primary Standard Industrial Classification Code Number
Danlax, Corp.
Transportnaya Street, 58-7
Nizhneudinsk, Russia 665106
Tel. (702) 605-4427
(Address and telephone number of principal executive offices)
Check whether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the last 90 days.
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. See the definitions of "large accelerated filer, "accelerated filer," "non-accelerated filer," and "smaller reporting company" in Rule 12b-2 of the Exchange Act.
Large accelerated filer [ ]
Accelerated filer [ ]
Non-accelerated filer [ ]
Smaller reporting company [X]
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). YES [X ] NO [  ]
State the number of shares outstanding of each of the issuer's classes of common equity, as of the latest practicable date: 11,740,000 as of March 2, 2015
1
TABLE OF CONTENTS
PART I FINANCIAL INFORMATION
ITEM 1
FINANCIAL STATEMENTS
3
BALANCE SHEETS
3
STATEMENTS OF OPERATIONS
4
STATEMENTS OF CASH FLOWS
5
NOTES TO FINANCIAL STATEMENTS
6
ITEM 2.
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
9
ITEM 3.
QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
11
ITEM 4.
CONTROLS AND PROCEDURES
11
PART II OTHER INFORMATION
ITEM 1
LEGAL PROCEEDINGS
12
ITEM 2.
UNREGISTERED SALES OF EQUITY S
ECURITIES AND USE OF PROCEEDS
12
ITEM 3
DEFAULTS UPON SENIOR SECURITIES
12
ITEM 4
SUBMISSION OF MATTERS TO A VOTE OF
SECURITY HOLDERS
12
ITEM 5
OTHER INFORMATION
12
ITEM 6
EXHIBITS
12
SIGNATURES
13
2
DANLAX, CORP.
CONDENSED BALANCE SHEETS
JANUARY 31, 2015
JULY 31, 2014
ASSETS
(unaudited)
Current Assets
Cash
$                     5,166
$      9,521
Total current assets
5,166
9,521
Total assets
$                    5,166
$      9,521
LIABILITIES AND STOCKHOLDERS' EQUITY
Liabilities
Current liabilities
Loans from Shareholders
$                      306
$        306
Accounts payable
300
-
Total liabilities
606
306
Stockholders' Equity
Common stock, $0.001 par value, 75,000,000 shares authorized;
11,740,000 shares issued and outstanding
11,740
11,740
Additional paid-in-capital
24,660
24,660
Accumulated  deficit
(31,840)
(27,185)
Total stockholders' equity
4,560
9,215
Total liabilities and stockholders' equity
$                 5,166
$     9,521
The accompanying notes are an integral part of these condensed financial statements.
3
DANLAX, CORP.
CONDENSED STATEMENTS OF OPERATIONS - (UNAUDITED)
THREE MONTHS ENDED JANUARY 31, 2015
THREE MONTHS ENDED JANUARY 31, 2014
SIX MONTHS ENDED JANUARY 31, 2014
SIX MONTHS ENDED JANUARY 31, 2014
Revenues
$                   -
$                   -
$                   -
$                      -
Operating Expenses
General and administrative expenses
1,314
1,042
4,655
5,556
Total operating expenses
1,314
1,042
4,655
5,556
Net loss from operations
(1,314)
(1,042)
(4,655)
(5,556)
Net loss
$         (1,314)
$         (1,042)
$         (4,655)
$          (5,556)
Loss per common share – Basic
-
-
-
-
Weighted Average Number of Common Shares Outstanding-Basic
11,740,000
9,000,000
11,740,000
9,000,000
The accompanying notes are an integral part of these condensed financial statements.
4
DANLAX, CORP.
CONDENSED STATEMENTS OF CASH FLOWS - (UNAUDITED)
SIX MONTHS ENDED JANUARY 31, 2015
SIX MONTHS ENDED JANUARY 31, 2014
Operating Activities
Net loss
$         (4,655)
$                  (5,556)
Accounts payable
300
Net cash provided by (used in) operating activities
(4,355)
(5,556)
Financing Activities
Sale of common stock
-
-
Loans from Shareholders
-
-
Net cash provided by financing activities
-
-
Net increase (decrease) in cash and equivalents
(4,355)
(5,556)
Cash and equivalents at beginning of the period
9,521
9,100
Cash and equivalents at end of the period
$          5,166
$                3,544
Supplemental cash flow information:
Cash paid for:
Interest
$                 -
$                       -
Taxes
$                 -
$                       -
Non-Cash Financing Activities
$                 -
$                       -
The accompanying notes are an integral part of these condensed financial statements.
5
DANLAX, CORP.
NOTES TO THE UNAUDITED CONDENSED FINANCIAL STATEMENTS
JANUARY 31, 2015
NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Organization and Description of Business
DANLAX, CORP. ("the Company") was incorporated under the laws of the State of Nevada, U.S. on April 10, 2013.  The Company is a start-up company.  Since inception through January 31, 2015 the Company has not generated any revenue and has accumulated losses of $31,840. Company is in the business of mobile games development.
Cash and Cash Equivalents
The Company considers all highly liquid instruments purchased with a maturity of three months or less to be cash equivalents to the extent the funds are not being held for investment purposes.
The Company's bank accounts are deposited in insured institutions. The funds are insured up to $250,000. At January 31, 2015 the Company's bank deposits did not exceed the insured amounts.
Basic Income (Loss) Per Share
The Company computes loss per share in accordance with "ASC-260", "Earnings per Share" which requires presentation of both basic and diluted earnings per share on the face of the statement of operations. Basic loss per share is computed by dividing net loss available to common shareholders by the weighted average number of outstanding common shares during the period. Diluted loss per share gives effect to all dilutive potential common shares outstanding during the period.  Dilutive loss per share excludes all potential common shares if their effect is anti-dilutive.
Dividends
The Company has not adopted any policy regarding payment of dividends. No dividends have been paid during any of the periods shown.
Income Taxes
The Company follows the liability method of accounting for income taxes.  Under this method, deferred income tax assets and liabilities are recognized for the estimated tax consequences attributable to differences between the financial statement carrying values and their respective income tax basis (temporary differences).  The effect on deferred income tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date.
Advertising Costs
The Company's policy regarding advertising is to expense advertising when incurred. The Company incurred advertising expense of $0 during the period ended January 31, 2015.
6
DANLAX, CORP.
NOTES TO THE UNAUDITED CONDENSED FINANCIAL STATEMENTS
JANUARY 31, 2015
NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - CONTINUED
Accounting Basis
The Company uses the accrual basis of accounting and accounting principles generally accepted in the United States of America ("GAAP" accounting).  The Company has adopted July 31 fiscal year end.
Impairment of Long-Lived Assets
The Company continually monitors events and changes in circumstances that could indicate carrying amounts of long-lived assets may not be recoverable. When such events or changes in circumstances are present, the Company assesses the recoverability of long-lived assets by determining whether the carrying value of such assets will be recovered through undiscounted expected future cash flows. If the total of the future cash flows is less than the carrying amount of those assets, the Company recognizes an impairment loss based on the excess of the carrying amount over the fair value of the assets. Assets to be disposed of are reported at the lower of the carrying amount or the fair value less costs to sell.
Recent accounting pronouncements
On June 10, 2014, the Financial Accounting Standards Board ("FASB") issued update ASU 2014-10, Development Stage Entities (Topic 915).   Amongst other things, the amendments in this update removed the definition of development stage entity from Topic 915, thereby removing the distinction between development stage entities and other reporting entities from US GAAP.  In addition, the amendments eliminate the requirements for development stage entities to (1) present inception-to-date information on the statements of income, cash flows and shareholders equity, (2) label the financial statements as those of a development stage entity;  (3) disclose a description of the development stage activities in which the entity is engaged and (4) disclose in the first year in which the entity is no longer a development stage entity that in prior years it had been in the development stage.  The amendments are effective for annual reporting periods beginning after December 31, 2014 and interim reporting periods beginning after December 15, 2015, however entities are permitted to early adopt for any annual or interim reporting period for which the financial statements have yet to be issued.  The Company has elected to early adopt these amendments and accordingly have not labeled the financial statements as those of a development stage entity and have not presented inception-to-date information on the respective financial statements.
Use of Estimates
The preparation of financial statements in conformity with generally accepted accounting principles 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 the financial statements and the reported amount of revenues and expenses during the reporting period.  Actual results could differ from those estimates.
7
DANLAX, CORP.
NOTES TO THE UNAUDITED CONDENSED FINANCIAL STATEMENTS
JANUARY 31, 2015
Stock-Based Compensation
As of January 31, 2015 the Company has not issued any stock-based payments to its employees. Stock-based compensation is accounted for at fair value in accordance with SFAS No. 123 and 123(R) (ASC 718).  To date, the Company has not adopted a stock option plan and has not granted any stock options.
Revenue Recognition
The Company will recognize revenue when products are fully delivered or services have been provided and collection is reasonably assured.
NOTE 2 – GOING CONCERN
The accompanying financial statements have been prepared in conformity with generally accepted accounting principle, which contemplate continuation of the Company as a going concern.  However, the Company had no revenues as of January 31, 2015.  The Company currently has limited working capital, and has not completed its efforts to establish a stabilized source of revenues sufficient to cover operating costs over an extended period of time.
Management anticipates that the Company will be dependent, for the near future, on additional investment capital to fund operating expenses The Company intends to position itself so that it may be able to raise additional funds through the capital markets. In light of management's efforts, there are no assurances that the Company will be successful in this or any of its endeavors or become financially viable and continue as a going concern.
NOTE 3 – COMMON STOCK
The Company has 75,000,000 common shares authorized with a par value of $ 0.001 per share. On July 25, 2013, the Company issued 9,000,000 shares of its common stock at $0.001 per share for total proceeds of $9,000. In May 2014, the Company issued 2,740,000 shares of its common stock at $0.01 per share for total proceeds of $27,400
As of January 31, 2015, the Company had 11,740,000 shares issued and outstanding.
NOTE 4 – RELATED PARTY TRANSACTIONS
On July 25, 2013, the Company sold 9,000,000 shares of common stock at a price of $0.001 per share to its director.
Since inception through January 31, 2015, the Director loaned $306 to the Company to pay for incorporation expenses. This loan is non-interest bearing, due upon demand and unsecured.
NOTE 5 – SUBSEQUENT EVENTS
The Company has evaluated subsequent events from January 31, 2015 to the date the financial statements were issued and has determined that there are no items to disclose.
8
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION
FORWARD LOOKING STATEMENTS
Statements made in this Form 10-Q that are not historical or current facts are "forward-looking statements" made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 (the "Act") and Section 21E of the Securities Exchange Act of 1934. These statements often can be identified by the use of terms such as "may," "will," "expect," "believe," "anticipate," "estimate," "approximate" or "continue," or the negative thereof. We intend that such forward-looking statements be subject to the safe harbors for such statements. We wish to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Any forward-looking statements represent management's best judgment as to what may occur in the future. However, forward-looking statements are subject to risks, uncertainties and important factors beyond our control that could cause actual results and events to differ materially from historical results of operations and events and those presently anticipated or projected. We disclaim any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statement or to reflect the occurrence of anticipated or unanticipated events.
General
Danlax, Corp. was incorporated in the State of Nevada on April 10, 2013 and established a fiscal year end of July 31. We do not have revenues, have minimal assets and have incurred losses since inception. We are a development-stage company formed to develop and sell mobile games for the Apple and Android platforms. We have recently started our operation. As of today, we have developed our business plan and developed concepts of our first mobile game. We just started to develop a concept for our first mobile game and there is no guarantee that we ever develop this game. We will develop other mobile games when/if our first mobile game is successful and we have available funds for further development.
A mobile game is a video game played on a feature phone, smartphone PDA, tablet computer, portable media player or calculator. Mobile games are played using the technology present on the device itself. For networked games, there are various technologies in common use. Examples include text message (SMS), multimedia message (MMS) or GPS location identification. However, there are non-networked applications that simply use the device platform to run the game software. Mobile games are usually downloaded via the mobile operator's network, but in some cases are also loaded in the mobile handsets when purchased, via infrared connection, Bluetooth, or memory card.
9
RESULTS OF OPERATION
We are a development stage company and have not generated any revenue to date. We have incurred recurring losses to date. Our financial statements have been prepared assuming that we will continue as a going concern and, accordingly, do not include adjustments relating to the recoverability and realization of assets and classification of liabilities that might be necessary should we be unable to continue in operation. We expect we will require additional capital to meet our long term operating requirements. We expect to raise additional capital through, among other things, the sale of equity or debt securities.
THREE MONTH PERIOD ENDED JANUARY 31, 2015 COMPARED TO THE THREE MONTH PERIOD ENDED JANUARY 31, 2014
Our net loss for the three month period ended January 31, 2015 was $1,314 compared to a net loss of $1,042 during the six month period ended January 31, 2014. During the six month period ended January 31, 2015 we did not generate any revenue.
During the three month period ended January 31, 2015, we incurred general and administrative expenses of $1,314 compared to $1,042 incurred during the three month period ended January 31, 2014.  General and administrative expenses incurred during the six month period ended January 31, 2015 were generally related to corporate overhead, financial and administrative contracted services, such as legal and accounting, developmental costs, and marketing expenses.
SIX MONTH PERIOD ENDED JANUARY 31, 2015 COMPARED TO THE SIX MONTH PERIOD ENDED JANUARY 31, 2014
Our net loss for the six month period ended January 31, 2015 was $4,655 compared to a net loss of $5,556 during the six month period ended January 31, 2014. During the six month period ended January 31, 2015 we did not generate any revenue.
During the six month period ended January 31, 2015, we incurred general and administrative expenses of $4,655 compared to $5,556 incurred during the six month period ended January 31, 2014.  General and administrative expenses incurred during the six month period ended January 31, 2015 were generally related to corporate overhead, financial and administrative contracted services, such as legal and accounting, developmental costs, and marketing expenses.
LIQUIDITY AND CAPITAL RESOURCES
SIX MONTH PERIOD ENDED JANUARY 31, 2015
As of January 31, 2015, our current assets were $5,166 compared to $9,521 in current assets at July 31, 2014. Current assets were comprised of $5,166 in cash. As of January 31, 2015, our current liabilities were $606. Current liabilities were comprised of $306 in advances from a Director and $300 in accounts payable.
Stockholders' equity was $4,560 as of January 31, 2015 compared to stockholder's equity of $9,215 as of July 31, 2014.
CASH FLOWS FROM OPERATING ACTIVITIES
We have not generated positive cash flows from operating activities. For the six month period ended January 31, 2015, net cash flows used in operating activities was $4,355 consisting of a net loss of $4,655 and accounts payable of $300. Net cash flows used in operating activities was $5,556 for the six month period ended January 31, 2014.
CASH FLOWS FROM FINANCING ACTIVITIES
We have financed our operations primarily from either advances from shareholders or the issuance of equity instruments. For the six month periods ended January 31, 2015 and 2014, we have not received any cash flow  provided by financing activities.
PLAN OF OPERATION AND FUNDING
We expect that working capital requirements will continue to be funded through a combination of our existing funds and further issuances of securities. Our working capital requirements are expected to increase in line with the growth of our business.
Existing working capital, further advances and debt instruments, and anticipated cash flow are expected to be adequate to fund our operations over the next six months. We have no lines of credit or other bank financing arrangements. Generally, we have financed operations to date through the proceeds of the private placement of equity and debt instruments. In connection with our business plan, management anticipates additional increases in operating expenses and capital expenditures relating to: (i) acquisition of inventory; (ii) developmental expenses associated with a start-up business; and (iii) marketing expenses. We intend to finance these expenses with further issuances of securities, and debt issuances. Thereafter, we expect we will need to raise additional capital and generate revenues to meet long-term operating requirements. Additional issuances of equity or convertible debt securities will result in dilution to our current shareholders. Further, such securities might have rights, preferences or privileges senior to our common stock. Additional financing may not be available upon acceptable terms, or at all. If adequate funds are not available or are not available on acceptable terms, we may not be able to take advantage of prospective new business endeavors or opportunities, which could significantly and materially restrict our business operations.
10
MATERIAL COMMITMENTS
As of January 31, 2015, we had no material commitments.
PURCHASE OF SIGNIFICANT EQUIPMENT
We do not intend to purchase any significant equipment during the next twelve months.
OFF-BALANCE SHEET ARRANGEMENTS
As of the date of this Quarterly Report, 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 of operations, liquidity, capital expenditures or capital resources that are material to investors.
GOING CONCERN
The independent auditors' audit report accompanying our July 31, 2014 financial statements contained an explanatory paragraph expressing substantial doubt about our ability to continue as a going concern. The financial statements have been prepared "assuming that we will continue as a going concern," which contemplates that we will realize our assets and satisfy our liabilities and commitments in the ordinary course of business.
ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.
No report required.
ITEM 4. CONTROLS AND PROCEDURES
Our management is responsible for establishing and maintaining a system of disclosure
controls and
procedures (as defined in Rule 13a-15(e) and 15d-15(e) under the Exchange Act) that is designed to ensure that information required to be disclosed by us in the reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the 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 Exchange Act is accumulated and communicated to the issuer's management, including its principal executive officer or officers and principal financial officer or officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.
An evaluation was conducted under the supervision and with the participation of our management of the effectiveness of the design and operation of our disclosure controls and procedures as of January 31, 2015. Based on that evaluation, our management concluded that our disclosure controls and procedures were effective as of such date to ensure that information required to be disclosed in the reports that we file or submit under the Exchange Act, is recorded, processed, summarized and reported within the time periods specified in SEC rules and forms. Such officer also confirmed that there was no change in our internal control over financial reporting during the six-month period ended January 31, 2015 that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.
11
PART II. OTHER INFORMATION
ITEM 1. LEGAL PROCEEDINGS
Management is not aware of any legal proceedings contemplated by any governmental authority or any other party involving us or our properties. As of the date of this Quarterly Report, no director, officer or affiliate is (i) a party adverse to us in any legal proceeding, or (ii) has an adverse interest to us in any legal proceedings. Management is not aware of any other legal proceedings pending or that have been threatened against us or our properties.
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
No report required.
ITEM 3. DEFAULTS UPON SENIOR SECURITIES
No report required.
ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
No report required.
ITEM 5. OTHER INFORMATION
None.
ITEM 6. EXHIBITS
Exhibits:
31.1 Certification of Chief Executive Officer and Chief Financial Officer  pursuant to Securities Exchange Act of 1934 Rule 13a-14(a) or 15d-14(a).
32.1 Certifications pursuant to Securities Exchange Act of 1934 Rule 13a-14(b) or 15d-14(b) and 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes- Oxley Act of 2002.
101 Interactive data files pursuant to Rule 405 of Regulation S-T.
12
SIGNATURES
In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
DANLAX, CORP.
Dated: March 2, 2015
By: /s/ Ivan Krikun
Ivan Krikun
President and Chief Executive Officer and Chief Financial Officer
13