Red Cat Holdings, Inc. Annual report pursuant to Section 13 and 15(d)

Note 14 - Segment Information: Schedule of Revenues by Oil Service Operations and Litigation (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
REVENUES	$ 59,404	$ 42,094
OPERATING EXPENSES	248,673	417,003
Total Net Operating Income (Loss)	(239,038)	(394,993)
Oil service operations
REVENUES	59,404	39,720
Total Cost of Sales	49,769	20,084
OPERATING EXPENSES	34,665	310,977
Total Net Operating Income (Loss)	(25,030)	(273,341)
Litigation
REVENUES	0	2,374
Total Cost of Sales	0	0
OPERATING EXPENSES	644	36,399
Total Net Operating Income (Loss)	(644)	(34,025)
Oil Service Operations and Litigation
REVENUES	59,404	42,094
Total Cost of Sales	49,769	20,084
OPERATING EXPENSES	35,309	347,376
Total Net Operating Income (Loss)	$ (25,674)	$ (307,366)