Quarterly report pursuant to Section 13 or 15(d)

Note 1 - Recent Company Background

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Note 1 - Recent Company Background
 3 Months Ended
Mar. 31, 2014
Notes  
Note 1 - Recent Company Background

NOTE 1 - RECENT COMPANY BACKGROUND

 

Broadleaf Capital Partners, Inc. (the Company), is a Nevada company. In November of 2013 the Company formed a wholly owned subsidiary Sustained Release, Inc. Although a private placement memorandum was done in December 2013, no funds were raised and the subsidiary is still inactive. On December 30, 2013 the Company sold an active wholly owned subsidiary Pipeline Nutrition U.S.A. Inc. to a related party. Our financial statements presented here have been restated to reflect this event for both periods presented. During March 2014 we formed a new subsidiary Texas Gulf Exploration  and Production, Inc. which  on March 28, 2014  acquired the majority of assets of Texas Gulf Oil & Gas Inc.. Also in March 2014 we formed another new subsidiary Legal Capital Corp. which on March 28, 2014 acquired the majority of assets of Litigation Capital, Inc.. On March 31, 2014 we entered into a rescission agreement with our subsidiary Sustained Release, Inc. No sales of Series A Preferred Stock were ever sold in this proposed private placement and the Company has withdrawn this private offering.