INFRASTRUCTURE DEVELOPMENTS CORP.

In accordance with Accounting Standards Codification (ASC) topic 855-10 “Subsequent Events”, the Company has evaluated subsequent events through the date which the financial statements were available to be issued.  The Company is not aware of any subsequent events which would require recognition or disclosure in the financial statements.

The Wing House mobile shelter faces no direct competition as a prefabricated expandable container-based mobile shelter system, although a variety of site-built shelter options provide indirect competition.  Typical portable cabins used as temporary offices in some regions are much cheaper than the Wing Houses, but they (i) have a life span of much less than half that of a Wing House, (ii) cannot be moved and re-used without virtually rebuilding the units, (iii) can only be trucked as 35 square meters of cabin space per truck (as opposed to Wing House 80 square meter per truck folded in), and (iv) have inferior wiring, lighting, bath fixtures, and insulation.  The Wing Houses are competitively priced in certain markets, and for certain users that are looking for more modern and efficient workforce accommodation as opposed to the more utilitarian pre-fabricated structures used in the past.  

Net losses for the three month period ended September 30, 2016, was $13,537 as compared to net income of $16,421 in the three months ending June 30, 2016, and net losses of $66,610 in the three months ending September 30, 2015.  The transition to net losses from net income in the current period was due to no sales of Wing Houses in the current three month period.  The Company is confident that it will return to profitability in the next twelve months based on the anticipated development of its Wing House and alternative energy businesses.

Gross profit for the three month periods ended September 30, 2016 and September 30, 2015 was $0. We expect gross profit to increase over the next twelve months as our business develops.

Our common stock is and will be subject to the “penny stock” rules adopted under section 15(g) of the Exchange Act. The penny stock rules apply to companies whose common stock is not listed on the NASDAQ Stock Market or other national securities exchange and trades at less than $5.00 per share or that have tangible net worth of less than $5,000,000 ($2,000,000 if the company has been operating for three or more years). These rules require, among other things, that brokers who trade penny stock to persons other than “established customers” complete certain documentation, make suitability inquiries of investors and provide investors with certain information concerning trading in the security, including a risk disclosure document and quote information under certain circumstances. Many brokers have decided not to trade penny stocks because of the requirements of the penny stock rules and, as a result, the number of broker-dealers willing to act as market makers in such securities is limited. If the Company remains subject to the penny stock rules for any significant period, it could have an adverse effect on the market, if any, for our securities. If our securities are subject to the penny stock rules, investors will find it more difficult to dispose of the Company’s securities.