(1) Caution Regarding Forward-Looking Information.
This Management's Discussion and Analysis or Plan of Operation contains forward-looking statements that involve future events, our future performance and our expected future operations and actions. In some cases, you can identify forward-looking statements by the use of words such as "may", "will", "should", "anticipate", "believe", "expect", "plan", "future", "intend", "could", "estimate", "predict", "hope", "potential", "continue", or the negative of these terms or other similar expressions. These forward-looking statements are only our predictions and involve numerous assumptions, risks and uncertainties. Our actual results or actions may differ materially from these forward-looking statements for many reasons, including, but not limited to, the matters discussed in this report under the caption "Risk Factors". We urge you not to place undue reliance on these forward-looking statements, which speak only as of the date of this report. We undertake no obligation to publicly update any forward looking-statements, whether as a result of new information, future events or otherwise.
The following discussion of our financial condition and results of operations should be read in conjunction with our financial statements and the related notes included in this report.
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(2) Results of Operations.
The following table provides selected financial data about us for the fiscal
years ended
Balance Sheet Data: atDecember 31, 2017 Cash$ 1,085 Total assets$ 1,085 Total liabilities$ 179,208 Shareholders' deficit$ (178,123 ) Operating Data: for the year endedDecember 31, 2017 Revenues $ - Operating Expenses$ 174,123 Net Loss$ 174,123 Balance Sheet Data: atDecember 31, 2016 Cash$ 1,130 Total assets$ 1,130 Total liabilities$ 5,130 Shareholders' equity$ 4,000 Operating Data: for the year endedDecember 31, 2016 Revenues $ - Operating Expenses$ 439,917 Net Loss$ 439,917
From our inception on
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As of our fiscal years ended
Operating expenses, which consisted solely of general and administrative
expenses for the year ended
As of
The new Company's plan is to provide investor relations cum public relations consultant services that help clients' companies to shape and communicate their positioning and fair value, and to manage perception among their target audiences.
The Company's positioning is the place it holds in the minds of its key publics: as an investment, as an employer, or as a corporate citizen. Every company has a positioning. The critical point is this: in the absence of a planned program, the company loses control over its positioning.
Each company - big or small, listed or not - has a fair value. If a company is listed, fair value takes on greater importance as it has an impact on share prices and ultimately, the perceived value of the company's stock. In the absence of a planned investor relations program, companies will find that the perception of their fair value could be lower than the reality.
The Company's team specializes in helping consultancy, professional services, fintech and business technology firms stand out as leaders in their markets. The company achieve this by delivering ambitious, high-impact public relations, inbound marketing and thought leadership campaigns. We will also support event management, marketing, advertisement and media promotion. All this will contribute greatly to our revenue and profits.
(3) Liquidity and Capital Resources.
As of
Net cash used for operating activities was
Net cash used in financing activities was
We had no other cash flows from financing activities for the years ended
Over the next twelve months we estimate our principal source of liquidity will be derived from the revenue generated from the new business plan to become PR and IR consultant as well as event organizer. We projected to receive advance retainer of consultancy fee from clients who engage us as their PR and IR consultant.
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Off-Balance Sheet Arrangements
We have no significant 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 are material to stockholders.
Future Financings
We will continue to rely on advances from our principal shareholder as well as from other sources of financing, including private placements of our common shares prior to commence our new business operations. Issuances of additional shares will result in dilution to existing stockholders. There is no assurance that we will achieve any additional sales of the equity securities or arrange for debt or other financing to fund our operations and other activities.
(4) Critical Accounting Policies
Our financial statements and related public financial information are based on
the application of accounting principles generally accepted in
Our significant accounting policies are summarized in Note 2 of our financial statements. While all these significant accounting policies impact our financial condition and results of operations, we view certain of these policies as critical. Policies determined to be critical are those policies that have the most significant impact on our financial statements and require management to use a greater degree of judgment and estimates. Actual results may differ from those estimates. Our management believes that given current facts and circumstances, it is unlikely that applying any other reasonable judgments or estimate methodologies would cause effect on our results of operations, financial position or liquidity for the periods presented in this report.
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