LUSI MMA Global Inc (PK)

General

             We are a development-stage company incorporated in the State of Nevada on August 17, 2010. We are in the business of developing and exploiting food-related business opportunities in the State of Louisiana. To date, we have developed a line of specialty packaged dry food products, a line of specialty sauces and a line of specialty coffee products. We will sell these specialty food product lines to distributors, directly to retailers and directly to consumers over the Internet.

Overview

             While we are a business in the early-stage of development, we have begun to derive revenues from our operations, through sales to retail grocery stores and through our online store. Our current focus is on (1) sales to established food distributors, (2) direct sales to retail grocery stores, (3) developing our Charter Independent Distributor Program and (4) sales through our web site, www.lafoodco.com.

             In order to accelerate the growth of our business, we will need to obtain additional capital from our Direct Public Offering or from another source or sources. We intend to apply additional capital, as and if obtained, to the expansion of our Charter Independent Distributor Program, the pursuit of nation retail accounts and to the expansion of sales through our web site, primarily through Internet advertising strategies.

             Our management believes there to be a multitude of small, locally-owned food businesses throughout Louisiana, the products of which are worthy of national distribution. Our management further believes that we have the opportunity to bring to these locally produced and sold Louisiana-centric specialty food products to the national market, by way of distribution agreements, private label arrangements or acquisition.

             As part of our business strategy, after we have better established the sales and distribution channels of our current lines of specialty food products, we intend to consider acquisitions of existing food-related businesses, as such acquisition opportunities become available to us. There is no current arrangement or understanding between our company and any other company or person with regard to a merger or acquisition transaction.

Direct Public Offering

             In January 2011, the Company’s Registration Statement on Form S-1 (SEC File No. 333-169924) was declared effective. Pursuant to such Registration Statement, the Company originally registered for sale 1,000,000 shares of its common stock at an offering price of $0.80 per share. In March 2011, the Company withdrew such shares from registration, without having sold any of such shares.

Principal Factors Affecting Our Financial Performance

             Our operating results are primarily affected by the following factors:

                         •            our ability to maintain, on commercially reasonable terms, the supply of our packaged dry products and our coffee products;

                         •            our ability to expand the channels of distribution for our specialty food products;

                         •            our ability to attract new and repeat customers to our online store; and

                         •            our ability to contain our costs of goods sold and maintain our law overheard.

             Based on our current business plan, we expect to incur operating losses for the final quarter of Fiscal 2011 and the first quarter of Fiscal 2012. However, because our specialty food products are new, we cannot predict the levels of our sales during the next six months.

             To date, we have sold our products to only a small number of customers. We do not have a formal relationship with any of our customers and they may, in their sole discretion and without penalty, cease purchasing our specialty food products. Our only other channel of distribution is through our website, which has generated only a small level of sales revenues.

             We have a single source for our packaged dry products and a single source for our coffee products. Each of these suppliers is located within 60 miles of our production, packaging and distribution location in Norco, Louisiana. We have not entered into any formal supply agreements with these suppliers. We are required to pay in full for inventory purchased from these suppliers, upon our receipt of their shipments. If the prices charged by these suppliers increase and we are not able to pass on the increased prices to our customers, then our margins would be reduced, which would, in turn, adversely affect our future profitability.

Results of Operations

             For the Nine Months Ended June 30, 2011 . During the Nine Months Ended June 30, 2011 (the “Current Period”), we generated $10,092 in revenues from sales of our specialty food products. Sales during the three months ended June 30, 2011, were $863, compared to sales of $8,561, including sales of $8,280 to a single customer, for the prior three months ended March 31, 2011. We expect that our revenues will increase during each of the next three fiscal quarters. However, we cannot predict the exact levels of such expected increases.

             For the Current Period, we incurred a net loss of $64,643. Our operations for the three months ended June 30, 2011, were negatively impacted by a lack of capital caused by (1) unexpected delays in our obtaining a trading symbol for our common stock and (2) our withdrawal from registration of the shares of our common stock that we intended to sell in a Direct Public Offering – this withdrawal from registration was effected, following our advice from FINRA that a trading symbol would not be assigned to our common stock for so long as we maintained the registration of our Direct Public Offering and our selling shareholder offering. This determination was made by our board of directors, having determined such course of action to be in the best interests of our company and our shareholders.

             While we did not issue shares of our common stock in payment of services during the Current Period, it is possible that, if we lack the cash needed to obtain necessary services, we would issue shares of common stock in payment thereof. By issuing common stock in payment of these necessary services, we would be able to better preserve our then-available cash.

Plan of Operations

             Our Plan of Operations, which is detailed in the following paragraphs, generally involves the development of distribution channels for our specialty food products, as well as our locating food-related business opportunities in the State of Louisiana.

             We have developed the following specialty food products:

Packaged Dry Products : Our Jammin’ Jambalaya, Acadiana Dirty Rice, Bayou Moon Jamasta, Breaux Bridge Etouffee, Fais do-do Gumbo and Bon Temps Lou’siana Fry are currently available to purchasers. We expect that our Red Stick Red Beans, Elysian Fields Black-Eyed Peas and Pirogue Rice will be available during the fourth quarter of 2011.

Sauce Products : We expect that our The Quarter’s Pasta Sauce and The Quarter’s Creole Sauce will be available to purchasers during the fourth quarter of 2011.

Coffee Products : Our Voodoo Roast Dark, Voodoo Roast Medium, Voodoo Roast Dark (Decaf) and Voodoo Roast Chicory Blend products are currently available to purchasers, and our Voodoo Roast Southern Pecan Seasonal Blend is scheduled to be available to purchasers near the end of September 2011.

             A portion of funds that we obtain in the future will be applied to the expansion of our distribution channels. Specifically, we intend to expend funds in advertising for participants in our Charter Independent Distributor Program. Our advertising will be done in local newspapers around the United States and over the Internet via one or more of the existing Internet advertising systems, such as Google AdSense®. Additionally, we intend to use Internet advertising to entice retail consumers to purchase our specialty food products directly from our online store that is a part of our web site, www.lafoodco.com.

             As we increase our sales, we will apply available funds to the expansion of our food manufacturing capabilities. We currently produce our wet products at a certified commercial kitchen housed in the same building as our corporate headquarters and we expect that this kitchen will be adequate for at least the next six months.

             Our management believes there to be a multitude of small, locally-owned food businesses throughout Louisiana, the products of which are worthy of national distribution. Our management further believes that we have the opportunity to bring to these locally produced and sold Louisiana-centric specialty food products to the national market, by way of distribution agreements, private label arrangements or acquisition.

             While our level of future funding will determine the potential rate of growth for our business, our Plan of Operations will be the same. Without additional funding, we will expand our operations only to the extent that our operations generate adequate funds. There is, of course, no assurance that our operations will be successful, in this regard. With additional funding, we believe that we will be able to increase sales of our products through our aggressive advertising strategy. As with any start-up company that offers unproven products, there is no assurance that our company will be successful with any level of additional funding.

Liquidity

             As at June 30, 2011 .

             Working Capital . At June 30, 2011, we had a working capital deficit of $6,354 and a cash balance of $479. Since our inception, we have raised a total of $82,550 from private sales of our common stock. Our cash position is expected to improve as we collect our accounts receivable during the fourth quarter of Fiscal 2011. In particular, we expect to collect our $8,280 account receivable from a single customer in September 2011, although, as of the date of this report, we had not collected any portion of such account receivable. Currently, we are seeking additional funding from private sources.

             Cash Flows . For the Nine Months Ended June 30, 2011, we used $66,981 in our operating activities. Our investing activities used $793 in cash. Our financing activities provided $45,900 in cash, which we received from private sales of our common stock ($30,600) and loans from shareholders ($15,300).

Contractual Obligations

             To date, we have not entered into any significant long-term obligations that require us to make monthly cash payments. Our longest-lived obligation is the lease agreement for our corporate headquarters, which expires in September 2011. Our monthly obligation under this lease is $200.

Critical Accounting Policies

             Our critical accounting policies, including the assumptions and judgments underlying them, are disclosed in the notes to our financial statements included herein. We have consistently applied these policies in all material respects. We do not believe that our operations to date have involved uncertainty of accounting treatment, subjective judgment or estimates, to any significant degree.

Uncertainties and Trends

             Our operations and revenues are dependent, now and in the future, upon the following factors:

                         •            whether we successfully commercialize our new specialty food products;

                         •            whether we compete effectively in the severely competitive food industry; and

                         •            whether the continuing economic recession in the United States will adversely affect our ability to attract customers to our specialty food products.

             There is no assurance that our company will be able to accomplish our objectives. Our failure to do so would likely cause purchasers of our common stock to lose their entire investments in our company.

Inflation

             Inflation can be expected to have an impact on our operating costs. A prolonged period of inflation could cause interest rates, wages and other costs to increase which would adversely affect our results of operations. In the current economic and political climate, no predictions can be made with respect to the future effects of inflation on or business.

Off-Balance Sheet Arrangements

             We do not have any off-balance sheet arrangements that would have any current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources.

Capital Expenditures

             During the nine months ended June 30, 2011, we made minimal capital expenditures. Should we obtain at least $30,000 in additional funding, we expect to purchase selected items of equipment for use in the production of our specialty food products, including product packaging equipment. However, we cannot predict the exact amount of these potential capital expenditures.

Item 3. Quantitative and Qualitative Disclosures About Market Risk.

             Not applicable.

Item 4. Controls and Procedures.

             Our Chief Executive Officer and our Acting Chief Financial Officer, after evaluating the effectiveness of our disclosure controls and procedures, as defined in Rule 13a-15(e) of the Securities Exchange Act of 1934, have concluded that, as of the end of the fiscal quarter covered by this report on Form 10-Q, our disclosure controls and procedures were not effective to provide reasonable assurances that information required to be disclosed in the reports filed or submitted under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms and such information is accumulated and communicated to management, including the Chief Executive Officer and the Acting Chief Financial Officer, as appropriate, to allow timely decisions regarding disclosures.

             There was no change in our internal control over financial reporting during the quarter ended June 30, 2011, that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

PART II - OTHER INFORMATION

Item 1. Legal Proceedings.

             None.

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

             1.           (a) Securities Sold. In July 2011, 1,200,000 shares of common stock were issued; (b) Underwriter or Other Purchasers. Such shares of common stock were issued to END-IRA, Inc. fbo Blayne St. James IRA; (c) Consideration. Such shares of common stock were issued for $14,950 in cash; and (d) Exemption from Registration Claimed. These securities are exempt from registration under the Securities Act of 1933, as amended, pursuant to the provisions of Section 4(2) thereof and Rule 506 thereunder, as a transaction not involving a public offering. This purchaser was a sophisticated investor capable of evaluating an investment in our company.

             2. (a) Securities Sold. In July 2011, 120,000 common stock purchase warrants to purchase a like number of shares of common stock were issued; (b) Underwriter or Other Purchasers. Such common stock purchase warrants were issued to END-IRA, Inc. fbo Blayne St. James IRA; (c) Consideration. Such common stock purchase warrants were issued as part of a securities unit, there being no consideration assigned to such common stock purchase warrants; and (d) Exemption from Registration Claimed. These securities are exempt from registration under the Securities Act of 1933, as amended, pursuant to the provisions of Section 4(2) thereof and Rule 506 thereunder, as a transaction not involving a public offering. This purchaser was a sophisticated investor capable of evaluating an investment in our company; (e) Terms of Conversion or Exercise. The exercise price of the common stock purchase warrants is $.10 per share. All of the common stock purchase warrants are exercisable until July 2013.

Item 3. Defaults upon Senior Securities.

             None.

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

             No matter was submitted to our shareholders, during the three months ended June 30, 2011.

Item 5. Other Information.

             None.

Item 6. Exhibits.

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