Employees and Employment Agreements

At present, we have no employees other than our officer who is also the director. We presently do not have pension, health, annuity, insurance, stock options, profit sharing or similar benefit plans; however, we may adopt such plans in the future. There are presently no personal benefits available to any officers, directors or employees.





Results of Operation

Our financial statements have been prepared assuming that we will continue as a going concern and, accordingly, do not include adjustments relating to the recoverability and realization of assets and classification of liabilities that might be necessary should we be unable to continue in operation.

We expect we will require additional capital to meet our long term operating requirements. We expect to raise additional capital through, among other things, the sale of equity or debt securities as well as director loans.

Three and Nine Months Periods Ended May 31, 2021 and 2020:

During the three and nine months period ended May 31, 2021 and 2020 we have no revenues.

Our net loss for the three and nine month periods ended May 31, 2021 were $3,209 and $21,455, respectively, which consisted primarily of professional fees.

Our net loss for the three and nine month periods ended May 31, 2020 were $2,861 and $4,787, respectively, which consisted primarily of professional fees.

Liquidity and Capital Resources

At May 31, 2021 and August 31, 2020, we have cash $374 and $20,629, respectively provided by loans and the issuance of common stock.

Cash Flows from Operating Activities

We have not generated positive cash flows from operating activities. For the nine months ended May 31, 2021, net cash flows used in operating activities was $21,455 consisting of net loss of $21,455. For the nine months ended May 31, 2020, net cash flows used in operating activities was $4,787 consisting of net loss of $4,787.

Cash Flows from Investing Activities

We have not generated cash flows from investing activities for the nine months ended May 31, 2021 and 2020.

Cash Flows from Financing Activities

We have generated cash flows provided by financing activities for the nine months period ended May 31, 2021 in the amount of $1,200 from a director loan. We have generated positive cash flows provided by financing activities for the nine months period ended May 31, 2020 in the amount of $27,661 consisting of director loan, issuance of common stock, third party loan and payment of deferred offering costs.









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Plan of Operation and Funding

We expect that working capital requirements will be funded through a combination of director loans and issuances of securities. Our working capital requirements are expected to increase in line with the growth of our business.

There is no working capital, but rather a working capital deficit, further advances and debt instruments, and anticipated cash flow are expected to be adequate to fund our operations over the next Nine months. We have no lines of credit or other bank financing arrangements. Generally, we have financed operations to date through the proceeds of the private placement of equity and debt instruments. In connection with our business plan, management anticipates additional increases in operating expenses and capital expenditures relating to: (i) developmental expenses associated with a start-up business; and (ii) marketing expenses. We intend to finance these expenses with further issuances of securities, and debt issuances. Thereafter, we expect we will need to raise additional capital and generate revenues to meet long-term operating requirements. Additional issuances of equity or debt securities will result in dilution to our current shareholders. Further, such securities might have rights, preferences or privileges senior to our common stock. Additional financing may not be available upon acceptable terms, or at all. If adequate funds are not available or are not available on acceptable terms, we may not be able to take advantage of prospective new business endeavors or opportunities, which could significantly and materially restrict our business operations. We will have to raise additional funds in the next twelve months in order to sustain and expand our operations. We currently do not have a specific plan of how we will obtain such funding; however, we anticipate that additional funding will be in the form of equity financing from the sale of our common stock. We have and will continue to seek to obtain short-term loans from our directors, although no future arrangement for additional loans has been made. We do not have any agreements with our directors concerning these loans. We do not have any arrangements in place for any future equity financing.

Off-Balance Sheet Arrangements

As of the date of this Quarterly Report, 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 are material to investors.





Going Concern

The financial statements have been prepared "assuming that we will continue as a going concern," which contemplates that we will realize our assets and satisfy our liabilities and commitments in the ordinary course of business. However, there is no guarantee that we will raise funding to commence operations and continue as a going concern.

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