Quarterly Report (10-q)

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended January 31, 2016

[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACTOF 1934

For the transition period from__________ to __________

Commission file number: 000-1537274

GREENWIND NRG INC.

(Exact name of registrant as specified in its charter)

Nevada		N/A
(State or other jurisdiction		(IRS Employer Identification No.)
of Incorporation or organization)

3221 Dominquez Avenue, Quezon City, Philippines

(Address of principal executive offices and zip code)

844-624-4793

(Registrant’s telephone number, including area code)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. [X] Yes [ ] No

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).

[X] Yes [ ] 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,” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

[ ]

Large accelerated filer

[ ]

Accelerated filer

[ ]

Non-accelerated filer

[X]

Smaller Reporting company

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

[X] Yes [ ] No

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date.

Class		Outstanding at March 15, 2016
Common stock, $0.001 par value		11,900,000

Greenwind NRG Inc.

Form 10-Q

For the Three Months Ended January 31, 2016

INDEX

		Page

PART I – FINANCIAL INFORMATION

Item 1.	Financial Statements (Unaudited)	4

Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	12

Item 3.	Quantitative and Qualitative Disclosures About Market Risk	15

Item 4.	Controls and Procedures	15

PART II – OTHER INFORMATION

Item 1.	Legal Proceedings	16

Item 1A.	Risk Factors	16

Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	16

Item 3.	Defaults Upon Senior Securities	16

Item 4.	Mine Safety Disclosures	16

Item 5.	Other Information	16

Item 6.	Exhibits	17

Signatures		18

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FORWARD-LOOKING STATEMENTS

This Report on Form 10-Q contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Reference is made in particular to the description of our plans and objectives for future operations, assumptions underlying such plans and objectives, and other forward-looking statements included in this report. Such statements may be identified by the use of forward-looking terminology such as “may,” “will,” “expect,” “believe,” “estimate,” “anticipate,” “intend,” “continue,” or similar terms, variations of such terms or the negative of such terms. Such statements are based on management’s current expectations and are subject to a number of factors and uncertainties, which could cause actual results to differ materially from those described in the forward-looking statements. Such statements address future events and conditions concerning, among others, capital expenditures, earnings, litigation, regulatory matters, liquidity and capital resources, and accounting matters. Actual results in each case could differ materially from those anticipated in such statements by reason of factors such as future economic conditions, changes in consumer demand, legislative, regulatory and competitive developments in markets in which we operate, results of litigation, and other circumstances affecting anticipated revenues and costs, and the risk factors set forth in our Annual Report on Form 10-K filed on January 28, 2016.

As used in this Form 10-Q, “we,” “us,” and “our” refer to Greenwind NRG Inc., which is also sometimes referred to as the “Company” or “Greenwind.”

YOU SHOULD NOT PLACE UNDUE RELIANCE ON THESE FORWARD LOOKING

STATEMENTS

The forward-looking statements made in this report on Form 10-Q relate only to events or information as of the date on which the statements are made in this report on Form 10-Q. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events, or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. You should read this report and the documents that we reference in this report, including documents referenced by incorporation, completely and with the understanding that our actual future results may be materially different from what we expect or hope.

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PART I. FINANCIAL INFORMATION

Item 1. Financial Statements.

GREENWIND NRG INC.

CONDENSED FINANCIAL STATEMENTS

(UNAUDITED)

JANUARY 31, 2016

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GREENWIND NRG INC.

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JANUARY 31, 2016

Condensed Balance Sheets as of January 31, 2016 and October 31, 2015 (unaudited)	F - 2

Condensed Statements of Operations for the periods ended January 31, 2016 and 2015 and the period from February 25, 2010 (Date of Inception) to January 31, 2016 (unaudited)	F - 3

Condensed Statements of Cash Flows for the periods ended January 31, 2016 and 2015 and the period from February 25, 2010 (Date of Inception) to January 31, 2016 (unaudited)	F - 4

Notes to Condensed Financial Statements (unaudited)	F - 5 – F - 7

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GREENWIND NRG INC.

CONDENSED BALANCE SHEETS

AT JANUARY 31, 2016 AND OCTOBER 31, 2015

ASSETS	January 31, 2016 (unaudited)			October 31, 2015
Current Assets
Cash and cash equivalents	$	-		$	-
Total Current Assets		-			-

TOTAL ASSETS	$	-		$	-

LIABILITIES AND STOCKHOLDERS’ DEFICIT
Liabilities
Current Liabilities
Accounts payable and accrued liabilities	$	14,367		$	13,661
Notes payable – related party		80,226			69,644

Total Liabilities		94,593			83,305

Stockholders’ Deficit
Common stock, par $0.001, 75,000,000 shares authorized, 11,900,000 shares issued and outstanding		11,900			11,900
Additional paid in capital		53,477			53,477
Accumulated deficit		(159,970	)		(148,682	)

Total Stockholders’ Deficit		(94,593	)		(83,305	)

TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT	$	0		$	-

The accompanying notes are an integral part of these financial statements

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GREENWIND NRG INC.

CONDENSED STATEMENTS OF OPERATIONS

PERIOD ENDED JANUARY 31, 2016 AND 2015

(UNAUDITED)

	Three months ended January 31, 2016			Three months ended January 31, 2015

GROSS REVENUES	$	-		$	-

OPERATING EXPENSES
Professional fees		10,084			8,621
Website design		0			0
Depreciation		0			0
General and administrative		1,204			1,554
TOTOAL OPERATING EXPENSES		11,288			10,175

LOSS FROM OPERATIONS		(11,288	)		(10,175	)

OTHER EXPENSES		-			0

NET LOSS BEFORE INCOME TAXES		(11,288	)		(10,175	)

PROVISION FOR INCOME TAXES		-			0

NET LOSS	$	(11,288	)	$	(10,175	)

WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED		11,900,000			11,900,000

NET LOSS PER SHARE: BASIC AND DILUTED	$	(0.00	)	$	(0.00	)

The accompanying notes are an integral part of these financial statements

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GREENWIND NRG INC.

CONDENSED STATEMENTS OF CASH FLOWS

PERIOD ENDED JANUARY 31, 2016 AND 2015

(UNAUDITED)

	Three months ended January 31, 2016			Three months ended January 31, 2015
Cash Flows from Operating Activities:
Net loss	$	(11,288	)	$	(10,175	)
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities:
Depreciation		0			0
Changes in Assets and Liabilities
Increase (decrease) in accounts payable and accrued liabilities		706			726
Net Cash Used in Operating Activities		(10,582	)		(9,449	)

Cash Flows from Investing Activities
Purchase of property and equipment		0			0
Net Cash Used in Investing Activities		0			0

Cash Flows from Financing Activities:
Proceeds from notes payable – related party		10,582			9,449
Proceeds from the sale of common stock		0			0
Net Cash Provided by Financing Activities		10,582			9,449

Net Increase (Decrease) in Cash and Cash Equivalents		0			0

Cash and Cash Equivalents – Beginning		0			0

Cash and Cash Equivalents – Ending	$	0		$	0

Supplemental Cash Flow Information:
Cash paid for interest	$	0		$	0
Cash paid for income taxes	$	0		$	0

The accompanying notes are an integral part of these financial statements

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GREENWIND NRG INC.

NOTES TO THE CONDENSED FINANCIAL STATEMENTS

JANUARY 31, 2016

(UNAUDITED)

NOTE 1 – NATURE OF BUSINESS

Greenwind NRG Inc. (“the Company” or “Greenwind”) was incorporated under the laws of the State of Nevada on February 25, 2010. The Company is in the development stage and intends to commence operations in the business of off the grid wind power systems for residential, cabin, RV, boat and shop use. We intend to source equipment from suppliers at wholesale prices and market, distribute, setup and maintain this equipment. Our target market will be Ireland.

The Company has not generated any revenue to date and consequently its operations are subject to all risks inherent in the establishment of a new business enterprise. For the period ended January 31, 2016, the Company has accumulated losses of $159,970.

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation

The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America and are presented in US dollars.

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 an October 31 fiscal year end.

Development Stage Company

The accompanying financial statements have been prepared in accordance with generally accepted accounting principles related to development-stage companies. A development-stage company is one in which planned principal operations have not commenced or if its operations have commenced, there has been no significant revenues there from.

Fair Value of Financial Instruments

The carrying value of cash, accrued expenses and notes payable – related party approximate their fair value due to the short period of these instruments.

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the balance sheet and reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Cash and Cash Equivalents

For purposes of the statement of cash flows, the Company considers highly liquid financial instruments purchased with a maturity of three months or less to be cash equivalents.

Property and Equipment

The capital assets are being depreciated over their estimated useful lives using the straight line method of depreciation for book purposes.

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GREENWIND NRG INC.

NOTES TO THE CONDENSED FINANCIAL STATEMENTS

JANUARY 31, 2016

(UNAUDITED)

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

Revenue Recognition

The Company will recognize revenue when products are fully delivered or services have been provided and collection is reasonably assured.

Income Taxes

The Company utilizes the liability method of accounting for income taxes. Under the liability method deferred tax assets and liabilities are determined based on the differences between financial reporting basis and the tax basis of the assets and liabilities and are measured using enacted tax rates and laws that will be in effect, when the differences are expected to reverse. An allowance against deferred tax assets is recognized, when it is more likely than not, that such tax benefits will not be realized.

Any deferred tax asset is considered immaterial and has been fully offset by a valuation allowance because at this time the Company believes that it is more likely than not that the future tax benefit will not be realized as the Company has no current operations.

Loss Per Common Share

Basic loss per share is calculated using the weighted-average number of common shares outstanding during each reporting period. Diluted loss per share includes potentially dilutive securities such as outstanding options and warrants, using various methods such as the treasury stock or modified treasury stock method in the determination of dilutive shares outstanding during each reporting period. The Company does not have any potentially dilutive instruments.

Stock-Based Compensation

Stock-based compensation is accounted for at fair value in accordance with ASC 718. To date, the Company has not adopted a stock option plan and has not granted any stock options.

As of January 31, 2016, the Company has not issued any stock-based payments to its employees.

Foreign Currency Translation

The Company’s functional currency and its reporting currency is the United States dollar.

Recent Accounting Pronouncements

No other accounting standards or interpretations issued or recently adopted are expected to have a material impact on the Company’s financial position, operations, or cash flows.

NOTE 3 – ACCOUNTS PAYABLE AND ACCRUED LIABILITIES

Accrued expenses at January 31, 2016 and October 31, 2015 consisted of the following:

	January 31, 2016		October 31, 2015
Legal	$	7,567	$	4,861
Audit		1,750		5,000
Accounting		5,000		3,750
Edgarizing and other		50		50
Total Accrued Expenses	$	14,367	$	13,661

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GREENWIND NRG INC.

NOTES TO THE CONDENSED FINANCIAL STATEMENTS

JANUARY 31, 2016

(UNAUDITED)

NOTE 4 – NOTE PAYABLE – RELATED PARTY

(a)	As at January 31, 2016, the Company owed $80,226 (October 31, 2015 - $69,644) to the President and Director of the Company for loans made to the Company for working capital. The amounts owing are unsecured, non-interest bearing, and due on demand.

NOTE 5 – CAPITAL STOCK

Authorized capital – 75,000,000 common shares, with a par value of $0.001 per share.

Issued and Outstanding – 11,900,000 and 11,900,000 common shares as of January 31, 2016 and October 31, 2015, respectively.

In February 2011, the Company issued 9,000,000 shares of common stock at a price of $0.002 per share for total cash proceeds of $18,000.

During the year ended October 31, 2013, the Company issued 2,900,000 shares of common stock at $0.01 per share for total cash proceeds of $29,000.

NOTE 6 – COMMITMENTS

The Company neither owns nor leases any real or personal property. An officer has provided office services without charge. There is no obligation for the officer to continue this arrangement. Such costs are immaterial to the financial statements and accordingly are not reflected herein. The officers and directors are involved in other business activities and most likely will become involved in other business activities in the future.

NOTE 7 – GOING CONCERN

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As shown in the accompanying financial statements, the Company has negative working capital, has incurred losses of $159,970 since its inception, and has not yet produced revenues from operations. These factors raise substantial doubt about the Company’s ability to continue as a going concern.

The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts and classification of liabilities that might be necessary in the event that the Company cannot continue as a going concern. Management anticipates that it will be able to raise additional working capital through the issuance of stock and through additional loans from investors.

The ability of the Company to continue as a going concern is dependent upon the Company’s ability to attain a satisfactory level of profitability and obtain suitable and adequate financing. There can be no assurance that management’s plan will be successful.

NOTE 8 – SUBSEQUENT EVENTS

In accordance with ASC Topic 855-10, the Company has analyzed its operations subsequent to January 31, 2016 to the date these financial statements were issued, and has determined that it does not have any material subsequent events to disclose in these financial statements.

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Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations.

The following discussion should be read in conjunction with our consolidated financial statements and notes thereto included elsewhere in this Quarterly Report on Form 10-Q. Forward-looking statements are statements not based on historical information and which relate to future operations, strategies, financial results or other developments. Forward-looking statements are based upon estimates, forecasts, and assumptions that are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond our control and many of which, with respect to future business decisions, are subject to change. These uncertainties and contingencies can affect actual results and could cause actual results to differ materially from those expressed in any forward-looking statements made by us, or on our behalf. We disclaim any obligation to update forward-looking statements.

OVERVIEW

We were incorporated under the name Greenwind NRG Inc. in the State of Nevada on February 25, 2010. We are a development-stage company and we have no revenues and no assets. As a result we have incurred losses since inception. Our limited operations to date have consisted of the formation of the Company, the raising of capital, maintaining our public company reporting requirements. On March 14, 2013, a registration statement on Form S-1 was declared effective for the registration of 10,000,000 shares of our common stock. As of October 31, 2013, we had sold 2,900,000 shares pursuant to this registration statement and the offering has been completed.

Our auditors have issued a going concern opinion. This means that our auditors believe there is substantial doubt that we can continue as an on-going business for the next twelve months. This is because we have not generated any revenues and no revenues are anticipated until we implement our business plan.

As a result of the current difficult economic environment and our lack of funding to implement our business plan, our Board of Directors has begun to analyze strategic alternatives available to our Company to continue as a going concern. Such alternatives include raising additional debt or equity financing or consummating a merger or acquisition with a partner that may involve a change in our business plan.

Although our Board of Directors’ preference would be to obtain additional funding to implement our business plan, the Board believes that it must consider all viable strategic alternatives that are in the best interests of our shareholders. Such strategic alternatives include a merger, acquisition, share exchange, asset purchase, or similar transaction in which our present management will no longer be in control of our Company and our business operations will be replaced by that of our transaction partner. We believe we would be an attractive candidate for such a business combination due to the perceived benefits of being a publicly registered company, thereby providing a transaction partner access to the public marketplace to raise capital.

PLAN OF OPERATION

In order to begin executing on our business plan, we must raise $100,000 in equity financing through a private placement in the current year. We intend to concentrate the majority of our efforts on raising capital during this period.

The table below sets forth the use of proceeds assuming that 100% of the securities offered for sale in the equity financing are sold. Management believes these costs will cover the necessary expenses for the Company to continue to develop our operations to the point that we may begin delivering services.

Gross Proceeds	$	100,000.00

Offering Expense	$	20,000.00

Net Proceeds	$	100,000.00

Net Proceeds to be used

Inventory	$	40,000.00
Website development	$	5,000.00
Marketing and Advertising	$	20,000.00
Audit, Accounting and filing Fees	$	10,000.00
Working Capital	$	17,217.00
Repayment of accounts payable and accrued liabilities	$	7,783.00

----------

* Note the offering expense will be paid through the sale of equity or debt, and not with the proceeds, if any, raised from this offering.

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Once we have completed the financings, our specific business plan for the next 8 months is as follows:

Develop our Website

We will procure a web designer to complete a corporate website and credit card payment processing services.

Initial Marketing Campaign

Once our website is fully operational, we intend to market our products aggressively through web, print and other mediums.

Web Marketing: Search Engine Optimization services will be used to assure that we are found using key words associated with “wind energy”, “Ireland”, “off the grid” and more. We intend to make our website a marketing piece in itself with maps showing wind speed locations in Ireland and the UK as well as other information on the benefits of wind energy products.

Print Media Advertising: We intend to market our products in magazines and other print media that target an environmentally conscious consumer base.

We intend to spend up to $20,000 on marketing efforts. The marketing budget is not a set cost but will be based on the amount raised in the financing.

RESULTS OF OPERATIONS

For the period from February 25, 2010 (date of inception) to January 31, 2016, the Company did not earn any revenues.

Comparison of Three Months Ended January 31, 2016 and 2015

During the three months ended January 31, 2016, the Company incurred $11,288 of operating expenses compared with $10,175 of operating expenses during the three months ended January 31, 2015. The increase in operating expenses was attributed to an increase in professional fees incurred, including legal fees relating and a decrease in general and administrative costs.

The Company incurred a net loss of $11,288 or $0 per share, for the three months ended January 31, 2016 compared with a net loss of $10,175 or $0 per share, for the three months ended January 31, 2015.

LIQUIDITY AND CAPITAL RESOURCES

As of January 31, 2016 and October 31, 2015, the Company had cash of $0 and total assets of $0.

As of January 31, 2016, the Company had total liabilities of $94,593 compared with total liabilities of $83,305 as of October 31, 2015. The increase in total liabilities is due to an increase in accounts payable and accrued liabilities as the Company had limited cash flows to repay outstanding obligations as they became due.

On March 14, 2013, a Registration Statement on Form S-1 was declared effective by the SEC, registering a total of 10,000,000 shares of our common stock (the “Registered Shares”) in an initial public offering (the “Offering”). As of October 31, 2013, the Company issued 2,900,000 Registered Shares for a total of $29,000 in proceeds and the Offering has been completed.

In order to execute on our business strategy, we will require additional working capital commensurate with the operational needs of our planned marketing and development efforts. Accordingly, we expect to use debt and/or equity financing to fund operations for the foreseeable future.

We anticipate that we will incur the following expenses over the next twelve months:

$25,000 in connection with the development of our website and marketing efforts; and

$10,000 in operating expenses, including professional legal and accounting expenses associated with our company being a reporting issuer under the Securities Exchange Act of 1934.

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We require a minimum of approximately $35,000 to proceed with our plan of operation over the next twelve months. As we had cash and working capital in the amount of $0 as of January 31, 2016, we do not have sufficient working capital to enable us to carry out our stated plan of operation for the next twelve months. We plan to complete private placement sales of our common stock in order to raise the funds necessary to pursue our plan of operation and to fund our working capital deficit in order to enable us to pay our accounts payable and accrued liabilities. We currently do not have any arrangements in place for the completion of any private placement financings, and there is no assurance that we will be successful in completing any private placement financings.

Any future sale of additional equity and debt securities will result in dilution to current stockholders. We may also seek additional loans where the incurrence of indebtedness would result in increased debt service obligations and could require the Company to agree to operating and financial covenants that would restrict our operations. Financing may not be available in amounts or on terms acceptable to us, if at all. Any failure by us to raise additional funds on terms favorable to us, or at all, could limit our ability to expand business operations and could harm our overall business prospects.

Cash Flows from Operating Activities

During the three months ended January 31, 2016, the Company used $10,582 of cash for operating activities compared with $9,449 for the three months ended January 31, 2015. The increase in the cash used for operating activities was attributed to the fact that the Company had to pay more accounts payables that were coming due for outstanding operating activities.

Cash Flows from Investing Activities

During the period from February 25, 2010 (date of inception) to January 31, 2016, the Company purchased $2,342 of property and equipment.

Cash Flows from Financing Activities

During the three months ended January 31, 2016, the Company received $10,582 from financing activities compared with $9,449 for the three months ended January 31, 2015. The proceeds received from financing activities were financings provided by management to support the Company’s day-to-day activities.

OFF-BALANCE SHEET ARRANGEMENTS

We have no significant off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in our financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to our stockholders.

CRITICAL ACCOUNTING POLICIES

Our financial statements are affected by the accounting policies used and the estimates and assumptions made by management during their preparation. A complete listing of these policies is included in Note 2 of the notes to our financial statements for the three months ended January 31, 2016. We have identified below the accounting policies that are of particular importance in the presentation of our financial position, results of operations and cash flows, and which require the application of significant judgment by management.

Use of Estimates

Loss Per Common Share

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Stock-Based Compensation

Stock-based compensation is accounted for at fair value in accordance with ASC 718. To date, the Company has not adopted a stock option plan and has not granted any stock options.

As of January 31, 2016, the Company has not issued any stock-based payments to its employees.

Recent Accounting Pronouncements

The Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

Critical Accounting Estimates

The preparation of financial statements in conformity with U.S. 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 of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions related to the deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.

We have irrevocably opted out of the extended transition period for complying with new or revised accounting standards pursuant to Section 107(b) of the Jumpstart Our Business Startups Act.

Item 3. Quantitative and Qualitative Disclosures About Market Risk.

As a “smaller reporting company”, we are not required to provide the information required by this Item.

Item 4. Controls and Procedures.

Evaluation of Disclosure Controls and Procedures

Disclosure controls and procedures are designed to ensure that information required to be disclosed in the reports filed or submitted under the Securities Exchange Act of 1934, as amended, is recorded, processed, summarized and reported, within the time period specified in the Securities and Exchange Commission’s rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed in the reports filed under the Exchange Act is accumulated and communicated to our management, including our Chief Executive Officer (our principal executive officer) and our Chief Financial Officer (our principal financial officer and principal accounting officer) to allow for timely decisions regarding required disclosure.

Our management, with the participation and under the supervision of our Principal Executive Officer and Principal Financial Officer, reviewed and evaluated the effectiveness of the design and operation of our disclosure controls and procedures (as defined by Rule 13a-15(e) or 15d-15(e)) of the Exchange Act Rule 13a-15 as of the end of the period covered by this report. Based upon that evaluation, our Principal Executive Officer and Principal Financial Officer concluded that, as of the end of such period, our disclosure controls and procedures were effective as of January 31, 2016 in ensuring that information required to be disclosed by us in reports that we file or submit under the Exchange Act is recorded, processed, summarized, and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms.

Our management team will continue to monitor and evaluate the effectiveness of our internal controls and procedures and our internal controls over financial reporting on an ongoing basis and is committed to taking further action and implementing additional enhancements or improvements, as necessary and as funds allow.

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. All internal control systems, no matter how well designed, have inherent limitations. Therefore, even those systems determined to be effective can provide only reasonable assurance with respect to financial statement preparation and presentation.

Changes in Internal Control Over Financial Reporting

There were no changes in our internal control over financial reporting that occurred during the quarter ending January 31, 2016 that have materially affected or are reasonably likely to materially affect our internal control over financial reporting.

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PART II - OTHER INFORMATION

Item 1. Legal Proceedings.

None.

Item 1A. Risk Factors.

Not applicable.

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

None.

Item 3. Defaults Upon Senior Securities

None.

Item 4. Mine Safety Disclosures

Not applicable.

Item 5. Other Information

None.

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Item 6. Exhibits.

Exhibit No.		Description

3.1		Articles of Incorporation (incorporated by reference to our Registration Statement on Form S-1 filed on December 23, 2011).

3.2		Bylaws (incorporated by reference to our Registration Statement on Form S-1 filed on December 23, 2011).

31*		Certification of Chief Executive Officer and Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

32*		Certification of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

101*		Interactive Data Files

* Filed herewith.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

		GREENWIND NRG INC.


Dated: March 15, 2016	By:	/s/ Jerwin Alfiler
	Name:	Jerwin Alfiler
	Title:	President, Secretary, Treasurer and Director (Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer)

Exhibit 31

CERTIFICATION PURSUANT TO

EXCHANGE ACT RULES 13a-14(a) and 15d-14(a),

AS ADOPTED PURSUANT TO

SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Jerwin Alfiler, certify that:

1.	I have reviewed this Quarterly Report on Form 10-Q of Greenwind NRG Inc. for the period ended January 31, 2016;

2.	Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.	Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the Registrant as of, and for, the periods presented in this report;

4.	I am responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the Registrant and have:

(a)

Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the Registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b)

Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c)

Evaluated the effectiveness of the Registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures as of the end of the period covered by this report based on such evaluation; and

(d)

Disclosed in this report any change in the Registrant’s internal control over financial reporting that occurred during the Registrant’s most recent fiscal quarter (the Registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the Registrant’s internal control over financial reporting; and

5.	I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the Registrant’s auditors and the audit committee of the Registrant’s board of directors (or persons performing the equivalent functions):

(a)

All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the Registrant’s ability to record, process, summarize and report financial information; and

(b)

Any fraud, whether or not material, that involves management or other employees who have a significant role in the Registrant’s internal control over financial reporting.

	Date: March 15, 2016

	By:	/s/ Jerwin Alfiler
	Name:	Jerwin Alfiler
	Title:	President, Secretary, Treasurer and Director (Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer)

Exhibit 32

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of Greenwind NRG Inc. (the “Company”) on Form 10-Q for the quarterly period ended January 31, 2016, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), the undersigned certifies, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to the best of his knowledge:

(1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operation of the Company.

Date: March 15, 2016

By:	/s/ Jerwin Alfiler
Name:	Jerwin Alfiler
Title:	President, Secretary, Treasurer and Director (Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer)

Document and Entity Information - shares	3 Months Ended
Document and Entity Information - shares	Jan. 31, 2016	Mar. 15, 2016
Document and Entity Information [Abstract]
Entity Registrant Name	GREENWIND NRG INC
Entity Central Index Key	0001537274
Trading Symbol	grwd
Current Fiscal Year End Date	--10-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		11,900,000
Document Type	10-Q
Document Period End Date	Jan. 31, 2016
Amendment Flag	false
Document Fiscal Year Focus	2016
Document Fiscal Period Focus	Q1

CONDENSED BALANCE SHEETS - USD ($)	Jan. 31, 2016	Oct. 31, 2015
Current Assets
Cash and cash equivalents
Total Current Assets
TOTAL ASSETS
Current Liabilities
Accounts payable and accrued liabilities	$ 14,367	$ 13,661
Notes payable - related party	80,226	69,644
Total Liabilities	94,593	83,305
Stockholders' Deficit
Common stock, par $0.001, 75,000,000 shares authorized, 11,900,000 shares issued and outstanding	11,900	11,900
Additional paid in capital	53,477	53,477
Accumulated deficit	(159,970)	(148,682)
Total Stockholders' Deficit	$ (94,593)	$ (83,305)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT

CONDENSED BALANCE SHEETS (Parentheticals) - $ / shares	Jan. 31, 2016	Oct. 31, 2015
Statement Of Financial Position [Abstract]
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized	75,000,000	75,000,000
Common stock, shares issued	11,900,000	11,900,000
Common stock, shares outstanding	11,900,000	11,900,000

CONDENSED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)	3 Months Ended
	Jan. 31, 2016	Jan. 31, 2015
Income Statement [Abstract]
GROSS REVENUES
OPERATING EXPENSES
Professional fees	$ 10,084	$ 8,621
Website design	0	0
Depreciation	0	0
General and administrative	1,204	1,554
TOTOAL OPERATING EXPENSES	11,288	10,175
LOSS FROM OPERATIONS	$ (11,288)	(10,175)
OTHER EXPENSES		0
NET LOSS BEFORE INCOME TAXES	$ (11,288)	(10,175)
PROVISION FOR INCOME TAXES		0
NET LOSS	$ (11,288)	$ (10,175)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	11,900,000	11,900,000
NET LOSS PER SHARE: BASIC AND DILUTED	$ 0	$ 0

CONDENSED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)	3 Months Ended
	Jan. 31, 2016	Jan. 31, 2015
Cash Flows from Operating Activities:
Net loss	$ (11,288)	$ (10,175)
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities:
Depreciation	0	0
Changes in Assets and Liabilities
Increase (decrease) in accounts payable and accrued liabilities	706	726
Net Cash Used in Operating Activities	(10,582)	(9,449)
Cash Flows from Investing Activities
Purchase of property and equipment	0	0
Net Cash Used in Investing Activities	0	0
Cash Flows from Financing Activities:
Proceeds from notes payable - related party	10,582	9,449
Proceeds from the sale of common stock	0	0
Net Cash Provided by Financing Activities	10,582	9,449
Net Increase (Decrease) in Cash and Cash Equivalents	$ 0	$ 0
Cash and Cash Equivalents - Beginning
Cash and Cash Equivalents - Ending
Supplemental Cash Flow Information:
Cash paid for interest	$ 0	$ 0
Cash paid for income taxes	$ 0	$ 0

NATURE OF BUSINESS	3 Months Ended
NATURE OF BUSINESS	Jan. 31, 2016
Nature Of Operations [Abstract]
NATURE OF BUSINESS	NOTE 1 – NATURE OF BUSINESS Greenwind NRG Inc. (“the Company” or “Greenwind”) was incorporated under the laws of the State of Nevada on February 25, 2010. The Company is in the development stage and intends to commence operations in the business of off the grid wind power systems for residential, cabin, RV, boat and shop use. We intend to source equipment from suppliers at wholesale prices and market, distribute, setup and maintain this equipment. Our target market will be Ireland. The Company has not generated any revenue to date and consequently its operations are subject to all risks inherent in the establishment of a new business enterprise. For the period ended January 31, 2016, the Company has accumulated losses of $159,970.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Jan. 31, 2016
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America and are presented in US dollars. 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 an October 31 fiscal year end. Development Stage Company The accompanying financial statements have been prepared in accordance with generally accepted accounting principles related to development-stage companies. A development-stage company is one in which planned principal operations have not commenced or if its operations have commenced, there has been no significant revenues there from. Fair Value of Financial Instruments The carrying value of cash, accrued expenses and notes payable – related party approximate their fair value due to the short period of these instruments. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the balance sheet and reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Cash and Cash Equivalents For purposes of the statement of cash flows, the Company considers highly liquid financial instruments purchased with a maturity of three months or less to be cash equivalents. Property and Equipment The capital assets are being depreciated over their estimated useful lives using the straight line method of depreciation for book purposes. Revenue Recognition The Company will recognize revenue when products are fully delivered or services have been provided and collection is reasonably assured. Income Taxes The Company utilizes the liability method of accounting for income taxes. Under the liability method deferred tax assets and liabilities are determined based on the differences between financial reporting basis and the tax basis of the assets and liabilities and are measured using enacted tax rates and laws that will be in effect, when the differences are expected to reverse. An allowance against deferred tax assets is recognized, when it is more likely than not, that such tax benefits will not be realized. Any deferred tax asset is considered immaterial and has been fully offset by a valuation allowance because at this time the Company believes that it is more likely than not that the future tax benefit will not be realized as the Company has no current operations. Loss Per Common Share Basic loss per share is calculated using the weighted-average number of common shares outstanding during each reporting period. Diluted loss per share includes potentially dilutive securities such as outstanding options and warrants, using various methods such as the treasury stock or modified treasury stock method in the determination of dilutive shares outstanding during each reporting period. The Company does not have any potentially dilutive instruments. Stock-Based Compensation Stock-based compensation is accounted for at fair value in accordance with ASC 718. To date, the Company has not adopted a stock option plan and has not granted any stock options. As of January 31, 2016, the Company has not issued any stock-based payments to its employees. Foreign Currency Translation The Company’s functional currency and its reporting currency is the United States dollar. Recent Accounting Pronouncements No other accounting standards or interpretations issued or recently adopted are expected to have a material impact on the Company’s financial position, operations, or cash flows.

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES

3 Months Ended

Jan. 31, 2016

Accounts Payable and Accrued Liabilities, Current [Abstract]

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES

NOTE 3 – ACCOUNTS PAYABLE AND ACCRUED LIABILITIES

Accrued expenses at January 31, 2016 and October 31, 2015 consisted of the following:

	January 31, 2016		October 31, 2015
Legal	$	7,567	$	4,861
Audit		1,750		5,000
Accounting		5,000		3,750
Edgarizing and other		50		50
Total Accrued Expenses	$	14,367	$	13,661

NOTE PAYABLE - RELATED PARTY

3 Months Ended

Jan. 31, 2016

NOTE PAYABLE - RELATED PARTY

NOTE 4 – NOTE PAYABLE – RELATED PARTY

(a)	As at January 31, 2016, the Company owed $80,226 (October 31, 2015 - $69,644) to the President and Director of the Company for loans made to the Company for working capital. The amounts owing are unsecured, non-interest bearing, and due on demand.

CAPITAL STOCK	3 Months Ended
CAPITAL STOCK	Jan. 31, 2016
Stockholders' Equity Note [Abstract]
CAPITAL STOCK	NOTE 5 – CAPITAL STOCK Authorized capital – 75,000,000 common shares, with a par value of $0.001 per share. Issued and Outstanding – 11,900,000 and 11,900,000 common shares as of January 31, 2016 and October 31, 2015, respectively. In February 2011, the Company issued 9,000,000 shares of common stock at a price of $0.002 per share for total cash proceeds of $18,000. During the year ended October 31, 2013, the Company issued 2,900,000 shares of common stock at $0.01 per share for total cash proceeds of $29,000.

COMMITMENTS	3 Months Ended
COMMITMENTS	Jan. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS	NOTE 6 – COMMITMENTS The Company neither owns nor leases any real or personal property. An officer has provided office services without charge. There is no obligation for the officer to continue this arrangement. Such costs are immaterial to the financial statements and accordingly are not reflected herein. The officers and directors are involved in other business activities and most likely will become involved in other business activities in the future.

GOING CONCERN	3 Months Ended
GOING CONCERN	Jan. 31, 2016
Going Concern [Abstract]
GOING CONCERN	NOTE 7 – GOING CONCERN The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As shown in the accompanying financial statements, the Company has negative working capital, has incurred losses of $159,970 since its inception, and has not yet produced revenues from operations. These factors raise substantial doubt about the Company’s ability to continue as a going concern. The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts and classification of liabilities that might be necessary in the event that the Company cannot continue as a going concern. Management anticipates that it will be able to raise additional working capital through the issuance of stock and through additional loans from investors. The ability of the Company to continue as a going concern is dependent upon the Company’s ability to attain a satisfactory level of profitability and obtain suitable and adequate financing. There can be no assurance that management’s plan will be successful.

SUBSEQUENT EVENTS	3 Months Ended
SUBSEQUENT EVENTS	Jan. 31, 2016
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 8 – SUBSEQUENT EVENTS In accordance with ASC Topic 855-10, the Company has analyzed its operations subsequent to January 31, 2016 to the date these financial statements were issued, and has determined that it does not have any material subsequent events to disclose in these financial statements.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	Jan. 31, 2016
Accounting Policies [Abstract]
Basis of Presentation and Accounting Basis	Basis of Presentation The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America and are presented in US dollars. 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 an October 31 fiscal year end.
Development Stage Company	Development Stage Company The accompanying financial statements have been prepared in accordance with generally accepted accounting principles related to development-stage companies. A development-stage company is one in which planned principal operations have not commenced or if its operations have commenced, there has been no significant revenues there from.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The carrying value of cash, accrued expenses and notes payable – related party approximate their fair value due to the short period of these instruments.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the balance sheet and reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents For purposes of the statement of cash flows, the Company considers highly liquid financial instruments purchased with a maturity of three months or less to be cash equivalents.
Property and Equipment	Property and Equipment The capital assets are being depreciated over their estimated useful lives using the straight line method of depreciation for book purposes.
Revenue Recognition	Revenue Recognition The Company will recognize revenue when products are fully delivered or services have been provided and collection is reasonably assured.
Income Taxes	Income Taxes The Company utilizes the liability method of accounting for income taxes. Under the liability method deferred tax assets and liabilities are determined based on the differences between financial reporting basis and the tax basis of the assets and liabilities and are measured using enacted tax rates and laws that will be in effect, when the differences are expected to reverse. An allowance against deferred tax assets is recognized, when it is more likely than not, that such tax benefits will not be realized. Any deferred tax asset is considered immaterial and has been fully offset by a valuation allowance because at this time the Company believes that it is more likely than not that the future tax benefit will not be realized as the Company has no current operations.
Loss Per Common Share	Loss Per Common Share Basic loss per share is calculated using the weighted-average number of common shares outstanding during each reporting period. Diluted loss per share includes potentially dilutive securities such as outstanding options and warrants, using various methods such as the treasury stock or modified treasury stock method in the determination of dilutive shares outstanding during each reporting period. The Company does not have any potentially dilutive instruments.
Stock-Based Compensation	Stock-Based Compensation Stock-based compensation is accounted for at fair value in accordance with ASC 718. To date, the Company has not adopted a stock option plan and has not granted any stock options. As of January 31, 2016, the Company has not issued any stock-based payments to its employees.
Foreign Currency Translation	Foreign Currency Translation The Company’s functional currency and its reporting currency is the United States dollar.
Recent Accounting Pronouncements	Recent Accounting Pronouncements No other accounting standards or interpretations issued or recently adopted are expected to have a material impact on the Company’s financial position, operations, or cash flows.

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES (Tables)

3 Months Ended

Jan. 31, 2016

Accounts Payable and Accrued Liabilities, Current [Abstract]

Schedule of accrued expenses

	January 31, 2016		October 31, 2015
Legal	$	7,567	$	4,861
Audit		1,750		5,000
Accounting		5,000		3,750
Edgarizing and other		50		50
Total Accrued Expenses	$	14,367	$	13,661

NATURE OF BUSINESS (Detail Textuals) - USD ($)	Jan. 31, 2016	Oct. 31, 2015
Nature Of Operations [Abstract]
Accumulated losses	$ (159,970)	$ (148,682)

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES - Summary of accrued expenses (Details) - USD ($)	Jan. 31, 2016	Oct. 31, 2015
Accounts Payable and Accrued Liabilities, Current [Abstract]
Legal	$ 7,567	$ 4,861
Audit	1,750	5,000
Accounting	5,000	3,750
Edgarizing and other	50	50
Total Accrued Expenses	$ 14,367	$ 13,661

NOTE PAYABLE - RELATED PARTY (Detail Textuals) - USD ($)	Jan. 31, 2016	Oct. 31, 2015
Related Party Transactions [Abstract]
Notes payable - related party	$ 80,226	$ 69,644

CAPITAL STOCK (Detail Textuals) - USD ($)	1 Months Ended	12 Months Ended
CAPITAL STOCK (Detail Textuals) - USD ($)	Feb. 28, 2011	Oct. 31, 2013	Jan. 31, 2016	Oct. 31, 2015
Stockholders' Equity Note [Abstract]
Common stock, shares authorized			75,000,000	75,000,000
Common stock, par value (in dollars per share)			$ 0.001	$ 0.001
Common stock, shares issued			11,900,000	11,900,000
Common stock, shares outstanding			11,900,000	11,900,000
Common stock issued for cash (in shares)	9,000,000	2,900,000
Common stock issued per share (in dollars per share)	$ 0.002	$ 0.01
Proceeds from issuance of common stock	$ 18,000	$ 29,000