# PLAN B INVESTMENTS, INC. X-17A-5 (2023-03-23) — Broker-dealer annual report - Company: PLAN B INVESTMENTS, INC. - Form: X-17A-5 - Filed: 2023-03-23 - Period: 2022-12-31 - Accession: 0001330759-23-000002 - CIK: 1330759 - File #: 8-66978 - Type: Broker-dealer - Material weakness: No - Auditor: Ohab and Company, PA - Auditor location: Maitland, FL - Contact: Martin P O'Malley Jr - Phone: 818-859-7300 - Email: mpo@planbii.com - Website: planbii.com - Signed by: Martin P O'Malley jr. (President) Original filing: https://www.sec.gov/Archives/edgar/data/1330759/000133075923000002/2022PBIIFINALAUDITEdgar.pdf --- {0}------------------------------------------------ #### UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 | OMB Number: 3235-0123 | |--------------------------| | Expires: Oct. 31, 2023 | | Estimated average burden | | hours per response: 12 | | | | SEC FILE NUMBER | # ANNUAL REPORTS FORM X.L7A-5 PART III | 8-66978 | | |---------|--| FACING PAGE | lnformation Required Pursuant to Rules l7a-5, l7a-12, and lEa-7 under the Securities ExchanF Act of 1934 | | | | | |----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------|-----------------|---------------------------------|--| | FtLtNG FOR rHE pERtOD BEG NNING JANUARY 1' 20212 AND
DECEMBER 31 '2022 | | | | | | | MM/DD/YY | ENDTNG | MM/DD/YY | | | | A. REGISTRANT I DENTI FICATION | | | | | NAME OF FIRM: | PLAN B INVESTMENTS, INC | | | | | TYPE OF REGISTRANT (check all applicable boxes):
E Broker-deater E Security-based swap dealer ! Major slcurity-based swap participant
E Check here if respondent is also an OTC derivatives dealer | | | | | | ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use a P.O. box no.) | | | | | | 13770 CENTER STREET SUYITE 206 | | | | | | | (No. and Street) | | | | | | CARMEL VALLEY CA | | 93924 | | | (City) | (State) | | (Zip Code) | | | PERSON TO CONTACT WITH REGARD TO THIS FILING | | | | | | MARTIN P. O'MALLEY, JR. 818.859.7300 | | | MPO@PLANBII.COM | | | (Name) | (Area Code -Telephone Number) | (Email Address) | | | | | B. ACCOU NTANT I DENTI FICATION | | | | | INDEPENDENT PUBLIC AccouNTANT whose reports are contained in this filing*
OHAB AND COMPANY, PA | | | | | | | (Name- if individual, state last, first and middle name) | | | | | 1OO E SYBELIA AVE, SUITE 130 MAITLAND | | FL | 32751 | | | (Address) | (City) | (State) | (Zip Code) | | | JULY 28,2004 | | 1839 | | | | Date of Registration with PCAOB | | | stration Number, if applicable) | | | *Claimsforexemptionfromtherequirementthattheannualreportsbecovereduvih@ | FOR OFFICIAL USE ONLY | | | | accountant must be supported by a statement of facts and circumstances relied on as the basls of the exemptlon. See 17 CFR 240.17a-5(eXlXii), if applicable. Persons who are to respond to the collectlon of information contained ln thls form are not required to respond untess the form displays a currently valid OMB control number. {1}------------------------------------------------ #### OATH OR AFFIRMATION | l, | MARTIN P. O',MALLEY, JR.
swear (or affirm) that, to the best of my knowledge and beliel the | |----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | financial report pertaining to the
firm of
PLAN B INVESTMENTS, INC
as of | | | zon , is true and correct. I further swear (or affirm) that neither the company nor any
DECEMBER 31 | | | partner, officer,
director, or equivalent person, as the case may be, has any proprietary interest in any account classified solely | | | as that of a
JEFFREY G, ANOREW\$ | | | CoMM. # 2361498 ,i
fr
}IOTARY PUSLIC.CALIFORNIA UI | | | MoT,ITEREY CouHrY -'
Mv Comu. Exp. Juxr 16, m25t | | | | | | Title:
PRESIDENT | | | | | | ro^et,\s | | | | | | Thls flling** contains(check all applicable boxes): | | | E (a) Statement of financial condition. | | | tr (b) Notes to consolidated statement of financial condition, | | | E (c) Statement of income (loss) or, if there is other comprehensive income in the period(s) presented, a statement of | | | comprehensive jncome (as defined in 5 210.1-02 of Regulation S-X). | | | E (d) Statement of cash flows. | | | E (e) Statement of changes in stockholders' or partners' or sole proprietor's equity. | | | tr (f) Statement of changes in liabilities subordinated to claims of creditors. | | | E (g) Notes to consolidated financial statements. | | = | (h) Computation of net capital under 17 CFR 240.15c3-1 or 17 CFR 24O.L8a-!,as applicable. | | | tr (i) Computation of tangible net worth under 17 CFR 240.18a-2. | | | tr 0) Computation for determination of customer reserye requirements pursuant to Exhibit A to 17 CFR 240.15c3-3. | | | tr (k) Computation for determination of security-based swap reserve requirements pursuant to Exhibit B to 17 CFR 240.15c3-3 or | | | Exhibit A to 17 CFR 240.t8a4, as applicable.
tr (l) Computation for Determination of PAB Requirements under Exhibit A to 5 240.15c3-3. | | | E (m) lnformation relating to possession or control requirements for customers under 17 CFR 240.15c3-3. | | | tr (n) lnformation relating to possession or control requirements for security-based swap customers under 17 CFR | | | 2a0.fic3-3(p)l2l or L7 CFR 240.18a4, as applicabte. | | | E (o) Reconciliations, including appropriate explanations, of the FOCUS Report with computation of net capital or tangible net | | | worth under 17 CFR 24O.15c3-7,17 CFR 24O.!8a-1, or 17 CFR 240.L8a-2, as applicable, and the reserve requirements under 17 | | | CFR 240'15c3'3 or L7 CFR 240.18a4, as applicable, if material differences exist, or a statement that no material differences | | | exist. | | | tr (p) Summary of financial data for subsidiaries not consolidated in the statement of financial condition. | | | E (q) Oath or affirmation in accordance with 17 CFR240.t7a-5, 17 CFR 240.17a-L2, or 17 CFR 240.18a-Z,as applicable. | | | tr (r) Compliance report in accordance with 17 CFR 240.17a-5 or 17 CFR 24O.L8a-7, as applicable. | | | E (s) Exemption report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. | | | tr (t) lndependent public accountant's report based on an examination of the statement of financial condition.
E (u) tndependent public accountant's report based on an examination of the financial report or financial statements under 17 | | | | | | CFR 240.17a-5, 17 CFR 24O.LBa-7, or 17 CFR 24O.L7a-12, as applicable.
tr (v) lndependent public accountant's report based on an examination of certain statements in the compliance report under 17 | | | CFR 240.17a-5 or 17 CFR 24o.t8a-7, as applicable. | | | E (w) tndependent public accountant's report based on a review of the exemption report under 17 CFR 240.17a-5 or 17 | | | CFR 240.18a-7, as applicable. | | | tr (x) Supplemental reports on applying agreed-upon procedures, in accordance with 17 CFR 240.15c3 -Le or t7 CFRZ4O.tTa-Lz, | | | as applicablg. | | | tr (y) Report describing any material inadequacies found to exist or found to have existed since the date of the previous audit, or | | | a statement that no material inadequacies exist, under 17 CFR 241.tla-12(kl. | | | tr (z) Other: | | | **To request confidentiol treotment of ceftain portions oI this fiting, see 77 cFR 240.77o-5(e)(3) or 17 cFR 24o.1ga-7(d)(2), os | | | applicoble. | {2}------------------------------------------------ Plan B Investments, Inc. Report Pursuant to RuIe 17a-S (d) Financial Statements f,''or the Year Ended December 31, 2022 {3}------------------------------------------------ ![](_page_3_Picture_0.jpeg) l(}tI 1.r," \$3,b\*lia Ar'\*. \$uite 130 tutaitland. f:L 32151 ('t. r't \$i\*rl P ub I ic,'l {:t {}utt t \* nl s .kffi u1-".giutl#"r\*u\*:fl l-.rri)-rll .'!l@qEl!\*Du..,!qw "l"cl\*phone 4(}7-7,1{}-?3 t } IIax 40?-?4t)-f:441 #### REPORT OF INDEPENDENT REGISTEHED PUBLIC ACCOUNTING FIFIM To the Board of Directors and \$tockholder's of Flan B lnvestments, lnc. #### Opinion on the Financial Statements We have audited the accompanying statement of financial condition of Plan B lnvestments, lnc. as of December 31'2022, the related statements ol income, changes in stockholder's equily, and cash {lows forthe yearthen enceu, and the related notes (collectively referred to as the "financial statements'1. ln our opinion, the financial statements presentfairly, in all material respects, the financial position of Plan B lnvestments, lnc. as of December B1 ,zazz, and ths.results of its operations and its cash llows fbr the year then ended in conformity with accounting trinciples generally accepted in the United \$tates of America. #### Basis for Opinion These financial statements are-the responsibility ol Plan B lnvestment\$, lnc.'s management. Our responsibility is to express an opinion on Plan B lnvestment\$, inc.'s financial statem€nts based oi our audit. Wi are a iunti" accounting firm registered with the Public Company Accounting oversight Board (United States) (pcAos) ano are required.to be independent with respect to Plair BinvestmentJ, rnc. in accordance with the u.s. federal securitie\$ laws and the applicable rules and regulations of lhe socuriries and Exchange Commission and the PCAOB. We conducted our audit in accordance with tha standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the {inancial statements are free of material misstatement, whether due to error or fraud. Our audit included performing proc\*Jurer to asses\$ the risks of material misstatement of the financial statements, whether due to error or friu'd, ano performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence'regarding the amount\$ and disclosures in the financial statements. Our audit also inciuded evaluating the accounting principles used and significant e\$timates made by management, as well as evaluating the-overall presentation of the financial staternents' We believe that our audit prcvidas a reasonable basis lorbur opinion. #### Auditor's Heport on Supplemantal lntormation The Schedules I and ll have been subjected to audit procedures perlormed in conjunction with the audit ol plan B Investments, lnc,'s financial statement!. tne supplemental information is the responsibility o{ plan B lnvestments, lnc"s management. Our audit procedures includeb determining \*rr\*irrur the suppiementalinformation reconciles to the financial statements or the underlying accounting and othir records, as applicable, and performing procedures to test lhe completeness and acguracy oithe informition presentio rn rre supptemental infoimation. ri iorming ;r opinion gn th.e supplemental informaiion, we evaluated whether the supplemental in{orrnation, includtng itsiorm and content, is presented in conlormity with 17 C.F.R. \$240.17a\_S. Ln our opinion, the \$chedules I and liare lairly \$tated, in all meterial respects, in relation to the financial \$tatements as a whole. #-,.,1f,", ,4\*; ,, {f,,,#\* B lnve\$tments, lns.'\$ auditor sinss A01S. kVe have serued as plan Maitland, Florida March 18, 2023 {4}------------------------------------------------ # Plan B Investments, Inc. Statement of Financial Condition December 31, 2022 #### Assets | Cash | \$123,627 | |--------------------------------------------------|------------| | Accounts receivable | 26,920 | | PropeQ and equipment, at cost, net of | | | Accumulated depreciation of S9,601 | 0 | | Prepaid Expenses | 3,903 | | Security Deposits | 348 | | Total Assets | \$ 154.598 | | Liabilities and Shareholder's Equity | | | Liabilities | | | Accounts payable and accrued expenses | \$3,331 | | Credit Card Payable | 6,361 | | Direct Deposit Payable | -5,903 | | Payroll Liabilities | 5,828 | | Total liabilities | 9,717 | | Shareholder's equity | | | Common stock -authofizod, issued and outstanding | | | 1,000 shares without value per share | 25,000 | | Contributed Capital | ll,lg2 | | Retained earnings | l0g,699 | | Total shareholder's equity | l44,gg 1 | | Total liabilities and shareholder's equity | \$154.599 | See Accompanying Notes to Financial Statements - {5}------------------------------------------------ # Plan B Investments, Inc. Statement of Income For the Year Ended December 31 ,2022 | Revenues | | |-----------------------------------------------|--------------| | Mutual Funds, Insurance and Distribution Fees | \$l I 9,1 08 | | RIA income | I 98,127 | | Other Income | 3,323 | | | | | Total revenue | 320,559 | | Expenses | | | Adverti s in g/Prom oti on s | l4,l17 | | Auto Expense | 10,407 | | Charitable Contributions | 0 | | Consulting Fees | 1 3,1 95 | | Depreciation | 0 | | Dues and Subscriptions | 47t | | Equipment LeaselRepairs | 257 | | Insurance | 9,557 | | License & Permits | 3,005 | | Office Supplies & Expenses | 9,162 | | Payroll Expense | 184,000 | | Payroll Tax Expense | 14,394 | | Postage & Delivery | 2,932 | | Professional Fees | 18,027 | | RentAJtilities | 23,377 | | Telephone | 7,900 | | Travel & Entertainment | 4,915 | | Miscellaneous | 2,666 | | Total expenses | 3l7 rl72 | | Net income before income tax provision | 3,3 86 | | Income tax provision | ,
(80q)_ | | Net Income | \$2,586 | See Accompanying Notes to Financial Statements {6}------------------------------------------------ # Plan B Investments, Inc. Statement of Changes in Shareholder's Equity For the Year Ended December 31 ,2022 | | Stock | Retained
Common Earnings
(Deficit) | Total
Equity | |----------------------------|-------|------------------------------------------|-----------------| | | | | | | Balance, December 3l ,2021 | | \$25,000 \$tt7,295 | \$142,295 | | Capital Distribution | | | | | Net Income | | | | | Balance, December 31 ,2022 | | \$25.ooo \$ I 1%881 | \$ l44,gg l | See Accompanying Notes to Financial Statements {7}------------------------------------------------ ### Plan B Investments, Inc. Statement of Changes in Cash Flows X'or the Year Ended December 31, 2022 | Cash flows from operating activities: | | |-------------------------------------------------------------------------------------|-------------| | Net Income | \$2,586 | | Depreciation Expense | 0 | | Adjustments to reconcile net insome (loss) to | | | net cash provided by operating activities: | | | Decrease in accounts receivable | 17,352 | | Increase in prepaid expenses | (678) | | Decrease in security deposit | 1,960 | | Increase in accounts payable | 2,512 | | Increase in credit card payable | l,2gl | | Decrease in payroll liability | (2,419) | | Increase Direct Deposit Payable | (5,803) | | Net cash provided by operating activities: | 16,801 | | Cash flows from investing activities: | 0 | | Cash flows from financing activities: | 0 | | Capital Distribution | 0 | | Net cash used by financing activities | 0 | | Net increase in cash | l6,g0l | | Cash at beginning of year | I 06,926 | | Cash at end of year | \$ 123 ,627 | | Supplemental disclosure of cash flow information:
Cash paid during the year for: | | | --
Cash paid for income taxes | 800 | Interest income See Accompanying Notes to Financial Statements 0 {8}------------------------------------------------ # PIan B Investments, Inc, Notes to F'inancial Statements December 31, 2022 # Note 1- Organization and Nature of Business Plan B Investments, Inc. (the "Company') was incorporated in the State of California on Septemb er 23, 2004. On October 28,2005, the Company became a registered broker-dealer in securities under the Securities Exchange Act of 1934, as amended, to provide investment advisory services, and to sell mutual funds, and variable annuities. The Company became registered as a broker-dealer with the Securities and Exchange Commission ("SEC") and is a member ofthe National Association of Securities Dealers CNASD"). The NASD and NYSE Member Regulation consolidatedin200T for form the Financial Industry Regulatory Agency ("FINRA"). The Company is headquartered in Carmel Valley, California. # Note 2 - Signilicant Accounting Policies Basis of Presentation - The Company conducts the following types of business as a securities brokerdealer, which comprises several olasses of services, including: - . Mutual fund retailer - . Broker or dealer selling variable life insurance or annuities - o Investment advisory services - o Private placements of securities Under its membership agreement with FINRA and pursuant to Rule 15c3 (k) (2) (i), the Company conducts business on a fully disclosed basis and does not execute or clear securities transactions for customers. Accordingly, the Company is exempt from the requirement of Rule l5c3-3 under the Securities Exchange Act of 1934 pertaining to the possession or control of customer assets and reserve requirements. Use of 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. Actual results could differ from those estimates. Revenue Recognition -Revenue from contracts with customers includes advisory fees and mutual fund, insurance and distribution income. The recognition and measurement of revenue is based on the assessment of individual contract terms. Significant judgment is required to determine whether performance obligations are satisfied at a point in time or over time; how to allocate transaction prices where multiple performance obligations are identified; when to recognize revenue based on the appropriate measure of the Company's progress under the contract; whether revenue should be presented gross or net of certain costs; and whether conshaints on variable consideration should be applied due to uncertain future events. {9}------------------------------------------------ ## Plan B Investments, Inc. Notes to Financial Statements December 31,2022 ### Note 2 - Significant Accounting Policies (continued) Revenue Recognition (continued) Commissions on the sale of mutual funds, insurance and distribution fees are recorded on the trade date. The Company believes that the performance obligation is satisfied on the trade date because that is when the underlying financial instrument or purchaser is identified, the pricing is agreed upon and the risks and rewards of ownership of the securities have been tansferred tolfrom the customer. The company enters into arranagements with managed accounts or other pooled investnent Vehicles (funds) to disffibute shares to investors. The Company may receive distribution fees paid by the fund up front, over time, upon the investor's exit from the fund (that is, a contigent deferred sales charge), or as a combination thereof. The Company believes that its performance obligation is the sale of securities to investors and as such this is fulfilled on the trade date. Any fixed amount are recognized on the frade date and variable amounts are recongnized to the extent it is probable that a significant revenue reversal will not occur once the uncertainty is resolved. For variable amounts, as the uncertainty is dependent on the value of the shares at future points in time as well as the length of time the investor remains in the fund, both of which are highly susceptible to factors outside the Company's influence, the Company does not believe that it can overcome this constraint uritil the market value ofthe fund and the investor activites are known, which are usually monthly or quarterly. Distribution fees recognized in the curent period are primarily related to performance obligations that have been satisfied in prior period. The Company provides advisory services to their customers. Revenue for advisory arrangements is generally recognized at the point in time that performance under the arrangement is completed (the closing date of the tansaction) or the contract is cancelled. However, for certain conffactso revenue is recognized over time for advisory arrangements in which the performance obligations are simultaneously provided by the Company and consumed by the customer. In some circumstances, significant judgment is needed to determine the timing and measure of progress appropriate for revenue recognition under specific contract. Retainers and other fees received from customers prior to recognizing revenue are reflected as contract liabilities. At December 31, 2022, allamounts were immaterial. Income Taxes - The Company has elected to be taxed under the provisions of subchapter S of the Internal Revenue Code and comparable State of California statutes wherein the Company's taxable federal and state income is tared directly to the shareholder. Additionally, the state of California imposes a l-ll2Yo state franchise tax on the corporation's taxable income. The accounting principles generally accepted in the United States of America provides accounting and disclosure guidance about positions taken by an organization in its tax returns that might be uncertain. {10}------------------------------------------------ # PIan B Investments, Inc. Notes to Financial Statements December 3112022 #### fncome Taxes - Continued Management has considered its tan positions and believes that all of the positions taken by the Company in its Federal and State organization tar returns are more likely than not to be sustained upon examination. The Company is subject to examinations by U.S. Federal and State tax auttrorities from 2015 to the present generally for three years after they are filed. Depreciation - Depreciation is provided on a straight-line basis using estimated useful lives of five to ten years. Leasehold improvements are amortized over the lesser of the economic useful life of the improvement or the term of the lease. Statement of Changes in Financial Condition - The Company has defined cash equivalents as highly liquid investments, with original maturities of less than three months that are not held for sale in the ordinary oourse of business. # Note 3 -Net Capital Requirements The Company is subject to the Securities and Exchange Commission Uniform Net Capital Rule (SEC rule 5c3-l) which requires the maintenance of minimum net capital and requires that the ratio of aggregate indebtedness to net capital, both as defined, shall not exceed 15 to I . Net capital and aggregate indebtedness change day by day, but on December 31,2022, the Company had net capital of \$113,910, which was \$ 108,910 in excess of its required net capital requiremeniof \$S,OOO. ft; Company's percentage of aggregate indebtedness of \$9,717 to netcapital was 8.53%. #### Note4-IncomeTaxes As discussed in the Note 2 - Significant Accounting Policies the company is subject to al.SYotax on net income over the minimum tan of \$800. At December 31, 2022,the Company recorded the minimum franchise tar of \$800 #### Note 5 - Lease After the previous year's lease expired on June 30,2\22,the company entered into a new lease agreement on July L,2022, for a 12 month period at a monthly cost of \$800, expiring June 30, 2023. The company also leases an outside office space on a month to month basis. The Company has elected not to apply the reoognation requirements of Topic 843 relating to it's short term office lease and instead has elected to recognize the lease payments as a lease cost on a sfraight line basis over the lease term. The lease cost is \$20,854 relating to the ofiEce lease for the year ended December 31,2022. #### Note 6 - Commitments and Contingencies The Company does not have any commitments or contingencies for year ending December 31,2022. {11}------------------------------------------------ ## Plan B Investments, Inc. Notes to Financial Statements December 31,2022 (continued) # Note 7 - Subsequent Events Management has reviewed the results of operations through the date the financial statements were available to be issued, and has determined that no adjustments are necessary to the amounts reported in the accompanying combined financial statements nor have any subsequent events occured, the nature of which would require disclosure. {12}------------------------------------------------ # Plan B Investments, Inc. Schedule I Computation of Net Capital Requirements Pursuant To Rule 15c3-1 December 31,2022 | Computation of Net Capital | | |--------------------------------------------------------------|-----------| | Total ownership equity from statement of financial oondition | 144,881 | | Less: Nonallowable assets | (30,971) | | Net Capital | I 13,910 | | Computation of Net Capital Requirements | | | Minimum net aggre3ate indebtedness | | | 6-2l3Yo of net aggregate indebtedness | 648 | | Minimum dollar net capital required | 5,000 | | Net Capital required (greater of above amounts) | 5,000 | | Excess Capital | I 08,91 0 | | Excess net capital at l000Yo (net capital less 10% of | | | aggregate indebtedness) or l20Yo ofminimum net capital | 6,000 | | Computation of Aggregate Indebtedness | | | Total liabilities | 9,717 | | Percentage of aggregate indebtedness to net capital | 9.53% | | Percentage of debt to debt-equity to total | | | computed in accordance with Rule l5c 3-l(d) | N/A | | | | Note: There are no material differences between the proceeding computation and the Company's corresponding unaudited Form X-17A-5 Part IIA as of December 31,2022. See Accompanying Notes to Financial Statements {13}------------------------------------------------ # Plan B Investments, Inc. Schedule II Computation for Determination of Reserve Requirements and Information Related to Possession and Control Requirements Pursuant To Rule 15c3-1 of the Securities and Exchange Commission December 3112022 The Company is not claiming an exemption from SEA Rule 15c3-3, in reliance on footnote 74 to SEC Release 34-70073 and as discussed in Q&A 8 of the related FAQ issues by SEC staff. In order to avail of this option, the Company has represented that it does not, and will ont, hold customer funds or securities. See report of independent auditor {14}------------------------------------------------ ![](_page_14_Picture_0.jpeg) 100 il. S1"br:lia Ave. Suitc 130 Maitlnrrd" fL 32751 C\* rt ifi \*d P \* & l i r:,,k:t rtu trfnrrt.y h,\*t,iii-1,;,\$g-t\*,lgr.r-i\*#"t":r"t,s\*gl.t Irl\*ph\*nr: 4t]?-74il-73 t I Irar 4{J7-?4fi-(r44 I ### HEPOFIT OF INDEPHNDENT FIEGISTERED PUBLIC ACCOUNTING FIBM To the Board of Directors and Stockholder's of Plan B lnvestments, lnc. we have reviewed rnanagemenl's statements, included in the accompanying Flule lsco-3 Exemption Report pursuant to sEC RulCI '!jt3-5.:ln Yvlich (1) Plan B lnvestrnents, tnc. iir,e compinyj aio not ctaim an exemption under paragraph (k) of 17 C,l.n. \$240.15cs-3, and (2) the Company i. iiring this'Exdmption Report retying on Footnote 74of the \$EC Ftetease No. 34-r007S adopting amendmenis td t z C.f.n. \$ Z40,.tZa-S because the Company timirs its business activities exclusively to investinent companies, variable products, advisory services and Fleg D private placements ' ln addition, trre Corirpany did not directr! -i inoirectryie-ceive, hold, or othenrise owe funds or securities tor or to customers, otherlhan mbney or othor consideration reieived and prompily transmitted in compliance with paragraph (a) or (b)(2) of Rule 15c2-4 andlorlunds received and promptly transmitted lor etfecting tranlactions uia subscriptions on a subscription way basis where the {unds are fiayaute to the issuer or its agent and not to the company; did not sarry aesounts of or for customers; and did noi cirry pAB accounts {as defined in Rute 15c3-3) throughout the most recent fiscal year without exception. Plan B lnvestments, lnc.'s management is responsible for compliance wilh the exemption provisions and its stalements. our review was conducted in accordance with the standards of the Public company Accounting oversight Board (United States) and, accordingly, included inquiries ano otfrei requiieo procedures to obtain evidence about ptan B lnvestments, lnc"s compliance with the exemption provisions.'A review is sunstantiaiiy r""r in scope than an examination, the obiettiveof which is the expre'ssion of an opinion on management's statements. Accordingly, we do not axpre\$s such an oplnion. Based on our review, we are nol aware of any material modifications that \$hould be made to management,s stalements referred to above for them to be tairly stated, in all material respects, based upon the cdmpanv's business activities contemplated by Footnote 74 of the sdc Reteas\* No.34-70073 adopting arnendments to 17 c.F.R. \$ 240.17a-5, and reiated src statt Frequenrly Asked ouestions. #;"d--r&.J, "f\*-\*r,{ e-\*-tr\*"p. fl.#\* 0hab and Company, pA Maitland, Flarida March 1S, 20?g {15}------------------------------------------------ ![](_page_15_Picture_0.jpeg) #### Plan B Investments, Inc.'s Exemption Report Plan B lnvestnents, Inc. (the o'Company") is a registered broker-dealer subject to Rule 17a-5 promulgated by the Securities and Exchange Commission (17 C.F.R. \$240.17a-5, "Reports to be made by certain brokers and dealers'). This Exemption Report was prepared as requiredby 17 C.F.R. \$240.17a-5(dxl) and (a). To the best of its knowledge and belief, the Company states the following: - (1) The Company does not claim an exemption under paragraph (k) of 17 C.F.R. \$ 240. 15c3-3, and - (2) The Company is filing this Exemption Report relying on Foohote 74 of the SEC Release No. 34-70073 adopting amendments to 17 C.F.R. \$ 240.17a-5 because the Company limits its business activities exclusively to investment companies, variable products, adviso\$ services dnd Reg D private placements and the Company (l) did not directly or indirectly reeei.rc, hold, or otherwise owe funds or seouities for or to customers, (other thhn money or other consideration received and promptly transmitted in compliance with paragraph (a) or (bX2) of Rule l5c2-4 and/or funds received and promptly transmitted for effecting hansactions via subscriptions on a subscription way basis where the funds are payable to the issuer or its agent and not to the Company); (2) did not carry acccurts of or for customers; and (3) did not carry PAB accounts (as defined in Rule 15c3-3) tluougbout the most recent fiscal year without exception. I, Mafiin P. O'Maltey, JrJ, swear (cir ffirm) that, to my best knowledge and belief, this Exemption Report is true and correct. ' ' By: Title:President ' February 2212023 ilAru\$G ADOBESS P0 Eox 069 Garmd Vrlley, CA 93924 .! OFFIG ADDRESS \$n0 Genter St Su[a 206 Garmel Valley, GA 93824 t"" ,' STAY COXilECTED MP0@planbii.com unrlw.planHi.com PHOTIE Toll-Free: (888) 511-\$u Far Nurnben (866) 32!t4538 Member FltlRA, EIPC, Registered tnvesilnent Addsor CA lns Llc. #0?60221) Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.