Forward looking statement notice

This section of this Form 10-Q includes a number of forward-looking statements that reflect our current views with respect to future events and financial performance. Forward-looking statements are often identified by words like believe, expect, estimate, anticipate, intend, project and similar expressions, or words which, by their nature, refer to future events. You should not place undue certainty on these forward-looking statements. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from our predictions.





Results of Operations

Three months ended February 28, 2022 and 2021

We generated $nil in revenue during the three months ended February 28, 2022 and $10,000 during the three months ended February 28, 2021, respectively.

We incurred $nil in cost of revenue for the three months ended February 28, 2022 and $3,000 for the three months ended February 28, 2021, respectively.

For the three months ended February 28, 2022, we incurred operating expenses of $7,614 in operating expenses compared to $15,292 for the three months ended February 28, 2021. Operating expenses mainly include audit fees and transfer agent fees. The decrease in operating expenses was mainly due to a decrease in transfer agent fees.

As a result, we generated net loss of $7,614 and $8,292 for the three months periods ended February 28, 2022 and 2021, respectively.

Nine months ended February 28, 2022 and 2021

We generated $nil in revenue during the nine months ended February 28, 2022 and $10,000 during the nine months ended February 28, 2021, respectively.

We incurred $nil in cost of revenue for the nine months ended February 28, 2022 and $3,000 for the nine months ended February 28, 2021, respectively.

For the nine months ended February 28, 2022, we incurred operating expenses of $33,336 in operating expenses compared to $23,251 for the nine months ended February 28, 2021. Operating expenses mainly include audit fees and transfer agent fees. The increase in operating expenses was mainly due to an increase in transfer agent fees.

As a result, we generated net loss of $33,336 and $16,251 for the nine months periods ended February 28, 2022 and 2021, respectively.

Capital Resources and Liquidity

Nine months ended February 28, 2022 and 2021

Cash Used in Operating Activities

For the nine months periods ended February 28, 2022 and 2021, the Company had cash used in operating activities in the amount of $41,411 and $20,781, respectively, which were primarily due to net loss for the period, and accounts payable and accrued liabilities.

Cash Provided by Financing Activities

For the nine months periods ended February 28, 2022 and 2021, the Company realized cash provided by financing activities in the amount of $40,799 and $22,292, respectively, which was advances from our CEO for working capital purposes.

Our auditors have issued a "going concern" opinion, meaning that there is substantial doubt if we can continue as an on-going business for the next twelve months unless we obtain additional capital. No substantial revenues are anticipated until we have implemented our plan of operations.

The Company requires additional funding to meet its ongoing obligations and to fund anticipated operating losses. Our auditor has expressed substantial doubt about our ability to continue as a going concern. The ability of the Company to continue as a going concern is dependent on raising capital to fund its initial business plan and ultimately to attain profitable operations. These financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts, or amounts and classification of liabilities that might result from this uncertainty.





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We expect to incur marketing and professional and administrative expenses as well expenses associated with maintaining our filings with the Commission. We will require additional funds during this time and will seek to raise the necessary additional capital. If we are unable to obtain additional financing, we may be required to reduce the scope of our business development activities, which could harm our business plans, financial condition and operating results. Additional funding may not be available on favorable terms, if at all. The Company intends to continue to fund its business by way of equity or debt financing and advances from related parties. Any inability to raise capital as needed would have a material adverse effect on our business, financial condition and results of operations.

If we cannot raise additional funds, we will have to cease business operations. As a result, investors in the Company's common stock would lose all of their investment.

Off-balance sheet arrangements

We do not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that is material to investors.

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