The following discussion should be read in conjunction with our d financial statements, including the notes thereto, appearing elsewhere in this annual report. The following discussion contains forward-looking statements that reflect our plans, estimates and beliefs. Our actual results could differ materially from those discussed in the forward- looking statements. Factors that could cause or contribute to such differences include, but are not limited to those discussed below and elsewhere in this Annual Report. Our audited financial statements are stated in United States Dollars and are prepared in accordance with United States Generally Accepted Accounting Principles.





Results of Operations

Year Ended May 31, 2021 Compared to the Year Ended May 31, 2020





Revenue

During the years ended May 31, 2021 and 2020 we did not generate any revenue.

General and Administrative Expenses

For the year ended May 31, 2021, we had $20,744 in general and administrative expenses compared to $3,791 for the year ended May 31, 2020, an increase of $16,953 or 447.1%. Our primary expenses in 2021 was for transfer agent, filing fees, investor relation expense and other office expense.

Professional Fees

For the year ended May 31, 2021, we had $36,920 in professional fees compared to $0 for the year ended May 31, 2020, an increase of $36,920. Professional fees consist of legal, audit and accounting fee, all of which increased in the current year.







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Other Income/Expense

For the year ended May 31, 2021, we had total other income of $425,705, compared to an expense of $13,050 for the year ended May 31, 2020. In the current year we had interest expense of $7,902 and a gain on extinguishment of debt of $433,607. In the prior period we had interest expense of $13,050.

Net Income (Loss)

For the year ended May 31, 2021, we had net income of $368,041 compared to a net loss of $16,841 for the year ended May 31, 2020. We had net income in the current year due to the gain on extinguishment of debt.

Liquidity and Capital Resources

Cash Flows from Operating Activities

For the year ended May 31, 2021, we used $30,679 of cash in operating activities compared to $1,550 for the year ended May 31, 2020. Use of cash increased with increased expenses as discussed above.

Cash Flows from Financing Activities

For the year ended May 31, 2021, net cash provided by financing activities was $59,613. For the year ended May 31, 2020, net cash provided by financing activities was $1,550.

The ability of the Company to continue as a going concern is dependent on the Company's ability to raise additional capital and implement its business plan. Since its inception, the Company has been funded by related parties through capital investment and borrowing of funds.





Going Concern

We have not attained profitable operations and are dependent upon obtaining financing to pursue any extensive activities. For these reasons, our auditors stated in their report on our audited financial statements that they have substantial doubt that we will be able to continue as a going concern without further financing.

The Company has not yet established an ongoing source of revenues sufficient to cover its operating costs for the next fiscal year and allow it to continue as a going concern. The ability of the Company to continue as a going concern is dependent on the Company obtaining adequate capital to fund operating losses until it becomes profitable.





Critical Accounting Policies

Refer to Note 2 of our financial statements contained elsewhere in this Form 10-K for a summary of our critical accounting policies and recently adopting and issued accounting standards.

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