Management's Plan of Operation

The following discussion contains forward-looking statements. Forward-looking
statements give our current expectations or forecasts of future events. You can
identify these statements by the fact that they do not relate strictly to
historical or current facts. They use of words such as "anticipate", "estimate",
"expect", "project", "intend", "plan", "believe", and other words and terms of
similar meaning in connection with any discussion of future operating or
financial performance. From time to time, we also may provide forward-looking
statements in other materials we release to the public.



Overview



Cordia Corporation. (the Company) was incorporated in the State of Nevada on
April 28, 2000 under the name CyberOpticLabs Inc. On May 25, 2001, the Company
filed Articles of Amendment to change the name to Cordia Corporation. The
Company is headquartered in Las Vegas, Nevada. The Company's focus starting in
2020, is on the emerging field of ghost kitchens and virtual restaurants. The
Company seeks to build its business based on meeting customer demand for unique
on-premises dining and premises convenience. The Company's plan is to create a
portfolio of virtual restaurants appealing to a broad customer base. The Company
is actively seeking to acquire locations for ghost kitchens to meet the growth
in app-based ordering. Virtual Dining Brands, LLC, a wholly owned subsidiary is
organizing a network of social media influencers to support each launch. All of
its celebrity and brand partners will be contractually required to regularly
post on their social channels. Additionally, the company is working with a
variety of influencers ranging from micro influencers in specific cities to
recognized food accounts with significant followings to promote the company's
menus.



Additionally, the company developed and markets the Crypto Food Hall which is a
collection of non fungible tokens (NFTs) designed to promote its virtual menus
and serve as a community for Cordia's menu partners, brands, and end users.

Results of Operations for the Years Ended December 31, 2020 and 2019

We had sales of $207.00 and $74,207.00  for the years ended December 31, 2021
and 2020, respectively. Our cost of sales were $0.00 and $30,819 for the years
ended December 31, 2021 and 2020, respectively. Our operating expenses were
$482,443 and $14,430, for the years ended December 31, 2021 and 2020,
respectively. Our operating expenses consisted mostly of professional fees,
license fees and consulting expenses

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Revenues and Net Operating Loss

Our revenues, operating expenses, and net operating loss for the years ended December 31, 2020 and 2019 were as follows:

                                                                    For the year ended For the year ended
                                                                       December 31,       December 31,
                                                                           2021               2020

SALES                                                               $207               $74,207

COST OF SALES                                                       -                  30,819

GROSS PROFIT                                                        207                43,388

OPERATING EXPENSES
Professional fees                                                   16,180             5,000
Consulting fees                                                     92,500             -
License fees                                                        294,000            -
Rent                                                                -                  6,500
General and administrative                                          79,763             2,930

Total Operating Expenses                                            482,443            14,430

Operating Income(Loss)                                              (482,236)          28,958

Interest expense                                                    (55,851)           (30,422)
Interest expense - warrants                                         (32,124)           -

Net Income (Loss)                                                   $(570,211)         $(1,464)


Weighted average number of common shares outstanding                

13,611,574 13,611,574

Net Income(Loss) per common share
- Basic and fully diluted                                           $(0.04)            $(0.00)




Sales



We had no revenue from sales of restaurant services in 2021. Sales were $207 for
the year ended December 31, 2020 compared to $74,207 for the year ended December
31, 2020 a decrease of $74,000. The $74,000 decrease in sales in 2021 over 2020
was primarily due to discontinuing dine in restaurant services.

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Cost of Sales



Cost of sales for the year ended December 31, 2021 were $0.00 compared to
$30,819 during the year ended December 31, 2020, a decrease of $30,819. Cost of
sales includes the cost of the products purchased from our food and beverage
suppliers for our restaurant sales. The cost of sales as a percentage of sales
for the year ended December 31, 2021 was 0% as compared to 41.5% for the year
ended December 31, 2020. The decrease in cost of sales as a percentage of sales
was due discontinued full service restaurant operations.



License fees

We recorded license fees payable of $294,000 for certain obligations to celebrities and brands for our virtual restaurants during the year ended December 31, 2021 compared to $0.00 during the year ended December 31, 2020. This was an increase of $294,000 due to the entry into certain license contracts.

Professional and Consulting Fees

Professional and consulting fees expenses was $108,860 for the year ended
December 31, 2021compared to $5,000 for the year ended December 31, 2020 which
was an increase of 103,680. Professional and consulting fees consist of legal,
accounting, and services related to SEC reporting requirements.



Rent



Rent expense was zero for the year ended December 31, 2021 compared to $6,500
for the year ended December 31, 2020. This was due to the discontinuation of
full service restaurant operations.

General and Administrative Expense

General and administrative expense was $79,763 for the year ended December 31,
2021 compared to $2,930 for the year ended December 31, 2020.  This was an
increase of $76,833 due to operating costs related to developing products and
services.



Net Operating Loss

Net operating loss for the year ended December 31, 2021 was $570,211 compared to net operating loss of $1,464 for the year ended December 31, 2020, an increase of $568,647. Net operating (loss) increased , as set forth above, primarily because licensing and consulting fees.

Liquidity and Capital Resources

Introduction



During the year ended December 31, 2021, because we did not generate sufficient
revenue, we had negative operating cash flows. Our cash on hand as of December
31, 2021 was $24,673. We have high cash needs in the short term, and as our
operating expenses increase, we will face strong to medium long term cash needs.
We do not anticipate that our cash flows from operations will satisfy our cash
flow needs for the next year, and if revenues do not keep up with our expenses,
it will be necessary to seek other methods to finance our operations and any
growth opportunities



Cash Requirements

Our cash on hand as of December 31, 2020 was $24,673. We anticipate that the funding from financing activities and product sales will not be enough to sustain us for the next 12 months.

Critical Accounting Policies

Our significant accounting policies are described in the notes to our financial statements for the twelve months ended December 31, 2021.

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