SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-Q

QUARTERLY REPORT PURSUANT TO SECTION 17 OF THE SECURITIES
REGULATION CODE AND SRC RULE 17(2)(b) THEREUNDER

1. For the quarterly period ended

Apr 30, 2017

2. SEC Identification Number

16180

3. BIR Tax Identification No.

000-589-662-000

4. Exact name of issuer as specified in its charter

ISLAND INFORMATION & TECHNOLOGY, INC.

5. Province, country or other jurisdiction of incorporation or organization

MANILA

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

4-B VERNIDA I CONDOMINIUM, 120 AMORSOLO ST., LEGASPI VILLAGE, MAKATI CITY Postal Code 1229

8. Issuer's telephone number, including area code

(02) 813-2839/892-1316

9. Former name or former address, and former fiscal year, if changed since last report

N/A

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
COMMON	4,885,748,685

11. Are any or all of registrant's securities listed on a Stock Exchange?

Yes

No

If yes, state the name of such stock exchange and the classes of securities listed therein:

THE PHILIPPINE STOCK EXCHANGE, INC.

12. Indicate by check mark whether the registrant:

(a) has filed all reports required to be filed by Section 17 of the SRC and SRC Rule 17 thereunder or Sections 11 of the RSA and RSA Rule 11(a)-1 thereunder, and Sections 26 and 141 of the Corporation Code of the Philippines, during the preceding twelve (12) months (or for such shorter period that the registrant was required to file such reports)

Yes

No

(b) has been subject to such filing requirements for the past ninety (90) days

Yes

No

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Island Information & Technology, Inc.IS

PSE Disclosure Form 17-2 - Quarterly Report References: SRC Rule 17 and
Sections 17.2 and 17.8 of the Revised Disclosure Rules

For the period ended	Apr 30, 2017
Currency (indicate units, if applicable)	PHP

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Apr 30, 2017	Oct 31, 2016
Current Assets	2,790,700.76	3,870,865.68
Total Assets	20,141,991.85	21,240,146.87
Current Liabilities	313,000.81	331,444.19
Total Liabilities	125,875,612.21	126,288,656.25
Retained Earnings/(Deficit)	-154,591,107.28	-153,955,170.02
Stockholders' Equity	-105,733,620.36	-105,048,509.38
Stockholders' Equity - Parent	-	-
Book Value per Share	-0.02	-0.02

Income Statement

	Current Year-To-Date	Previous Year-To-Date	Current Year (3 Months)	Previous Year (3 Months)
Operating Revenue	-	-	-	-
Other Revenue	126,305.00	120,000.00	66,305.00	60,000.00
Gross Revenue	126,305.00	120,000.00	66,305.00	60,000.00
Operating Expense	812,640.98	823,056.14	273,519.02	340,051.37
Other Expense	-	-	-	-
Gross Expense	812,640.98	823,056.14	273,519.02	340,051.37
Net Income/(Loss) Before Tax	-686,335.98	-703,056.14	-207,214.02	-280,051.37
Income Tax Expense	-	-	-	-
Net Income/(Loss) After Tax	-686,335.98	-703,056.14	-207,214.02	-280,051.37
Net Income Attributable to Parent Equity Holder	-	-	-	-
Earnings/(Loss) Per Share (Basic)	0	0	0	0
Earnings/(Loss) Per Share (Diluted)	-	-	-	-

Other Relevant Information
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