Forward Looking Statements

This section 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, which apply only as of the date of this report. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or our predictions.





Results of Operations

We generated no revenue for the three-month periods ended January 31, 2023 and 2022.

We incurred operating expenses of $6,198 and $18,518 for the three-month periods ended January 31, 2023 and 2022, respectively. The operating expenses were comprised of professional fees. The decrease was due to the company being current in its filings with the SEC and no additional professional fees were required to bring the company current as in previous periods.

Our net loss for the three months ended January 31, 2023 and 2022 was $6,198 and $18,518, respectively.

Liquidity and Capital Resources

Our cash balance at January 31, 2023 was $0, with $11,298 in accounts payable, $104,519 in loans payable and $6,744 in loans payable to related parties. If we experience a shortage of funds in the next twelve months, we may utilize additional funds from our director, Michael Noble, and our major shareholder, Robert Gelfand, who have agreed to advance funds for operations, however they have no formal commitment, arrangement or legal obligation to advance or loan funds to us.

Net cash used in operating activities was $5,101 during the three months ended January 31, 2023 and net cash used in operating activities was $5,753 during the three months ended January 31, 2022.

Net cash used in investing activities was $0 during the three months ended January 31, 2023 and 2022.

Net cash provided by financing activities was $5,101 during the three months ended January 31, 2023 and net cash provided by financing activities was $5,753 during the three months ended January 31, 2022.





Plan of Operation

We are an exploration stage company with no revenues and a short operating history. Our independent auditor has issued an audit opinion which includes a statement expressing substantial doubt as to our ability to continue as a going concern.

Our focus for the fiscal year ending October 31, 2023 will be on pursuing other business opportunities to increase shareholder value.

During fiscal 2023, we anticipate spending $10,000 on professional fees, including fees payable for complying with reporting obligations, $5,000 in general administrative costs and $1,500 in working capital. Total expenditures over the next 12 months are therefore expected to be approximately $16,500.

Off-Balance Sheet Arrangements

We have no off-balance sheet arrangements.






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Going Concern

Our auditor has issued a going concern opinion. The continuation of the Company is dependent upon the continued financial support from our shareholders, our ability to obtain necessary equity financing to continue operations and the attainment of profitable operations.

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