FORWARD-LOOKING STATEMENTS

This document contains "forward-looking statements." All statements other than statements of historical fact are "forward-looking statements" for purposes of federal and state securities laws, including, but not limited to, any projections of earnings, revenue or other financial items; any statements of the plans, strategies and objections of management for future operations; any statements concerning proposed new services or developments; any statements regarding future economic conditions or performance; any statements or belief; and any statements of assumptions underlying any of the foregoing.

Forward-looking statements may include the words "may," "could," "estimate," "intend," "continue," "believe," "expect" or "anticipate" or other similar words. These forward-looking statements present our estimates and assumptions only as of the date of this report. Except for our ongoing securities laws, we do not intend, and undertake no obligation, to update any forward-looking statement.

Although we believe that the expectations reflected in any of our forward- looking statements are reasonable, actual results could differ materially from those projected or assumed in any or our forward-looking statements. Our future financial condition and results of operations, as well as any forward-looking statements, are subject to change and inherent risks and uncertainties.





Overview

We are a Nevada corporation formed on August 30, 1985. Our headquarters are in Englewood, Colorado. We have been engaged in our current business model since June of 2016, as a result of our having been discharged from a receivership and acquiring Life Marketing, Inc., which was in a different industry as our previous business.

We have experienced recurring losses and negative cash flows from operations since inception, including in our current business model. We anticipate that our expenses will increase as we ramp up our expansion, which likely will lead to additional losses, until such time that we approach profitability, or which there are no assurances. We have relied on equity and debt financing to fund operations to-date. There can be no guarantee that we will ever become profitable, or that adequate additional financing will be realized in the future or otherwise may be available to us on acceptable terms, or at all. If we are unable to raise capital when needed, we would be forced to delay, reduce or eliminate our expansion efforts. We will need to generate significant revenues to achieve profitability, of which there are no assurances.





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Trends and Uncertainties

Our business is subject to the trends and uncertainties associated with expansion of niche industry social networks and ecommerce solutions are increasing in popularity and availability. At some point, industry saturation of technology solutions that we provide to, and support for TBI participant tech startup companies will make it more difficult for our business model to expand. This will force us to innovate new technology solutions, which will undoubtedly cost more money to fund.





Going Concern

The accompanying financial statements have been prepared on a going concern basis, which assumes that we will be able to realize our assets and discharge our liabilities and commitments in the normal course of business for the foreseeable future. We had an accumulated deficit of $32,846,734 at March 31, 2023, had a net loss of $53,208 for the three months ended March 31, 2023. These factors raise substantial doubt about our ability to continue as a going concern. Our ability to continue as a going concern is dependent upon our generating profitable operations in the future and/or to obtain the necessary financing to meet our obligations and repay our liabilities arising from normal business operations when they come due. Our management intends to finance operating costs over the next twelve months with existing cash on hand. While we believe that we will be successful generating revenue to fund our operations, meet regulatory requirements and achieve commercial goals, there are no assurances that we will succeed in our future operations.

We will attempt to overcome the going concern opinion by increasing our TBI licensing to additional tech company startups, thereby increasing our revenues, which will increase our expenses and lead to possible net losses. There is no assurance that we will ever be profitable.

COMPARATIVE RESULTS FOR FISCAL YEARS

Performance - Results of Operations for the three month periods ended March 31, 2023 and 2022





Revenues

For the three months ended March 31, 2023, we recognized $142,775 in revenues, compared to $-0-in revenue from licensing during the three months ended March 31, 2023. The $142,775 increase in revenue is primarily attributable to the sale of new digital asset platforms, the addition of one new TBI client licensee, and revenue share from the existing TBI licensees.





Cost of Revenue

Cost of revenue was $16,177 and $-0- ended March 31, 2023 and 2022 respectively.





Operating Expenses

For the three months ended March 31, 2023, we recorded $179,816 in operating expenses compared to $50,299 in operating expenses for the three months ended March 31, 2022, a material increase of $129,517. The increase is primarily attributable to an increase of approximately $88,500 in legal and professional fees in the 2023 period compared to the 2022 period. Additionally there were increase in numerous expense categories consistent with our higher levels of activity.





Other income

During the three months ended March 31, 2023, we generated $11 of other income compared to $-0- of other income in the three months ended March 31, 2022. The amount was attributable to interest earned during the period.





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Net Profit (Loss)

As a result of the foregoing, we generated a loss from operations of $53,208 during the three months ended March 31, 2023, compared to a loss of $50,299 during the three months ended March 31, 2022.

Liquidity and Capital Resources

Cash Flows from Operating Activities

Net cash provided by operating activities was $88,797 for the three months ended March 31, 2023, compared to $7,248 in net cash used during the three months ended March 31, 2022. The material increase in net cash provided during the 2023 period is primarily attributable to increased collections on accounts receivable of $99,674 in the 2023 period compared to the comparable period in 2022

Cash Flows from Financing Activities

Net cash used in financing activities was $119,000 during the three months ended March 31, 2023, compared to $6,700 provided by financing activities during the three months ended March 31, 2022. The reduction in cash provided by financing activities is attributable to payments of $119,000 against related party loans in the 2023 period, compared to proceeds of $6,700 during comparable period in 2022.

Off-Balance Sheet Arrangements

None.

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