The following discussion should be read in conjunction with our audited financial statements and the related notes that appear 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.





Results of Operations


Since inception, we have not earned any revenue. During the year ended December 31, 2019, we incurred operating expenses of $465, compared to operating expenses of $18,525 incurred during the year ended December 31, 2018. Operating expenses consist of professional fees and general and administrative expenses primarily for maintaining reporting status with the Securities and Exchange Commission (the "SEC"). We incurred a net loss of $3,385 and $21,324 for the years ended December 31, 2019 and 2018, respectively.






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                                Year Ended
                               December 31,
                            2019         2018        Changes
Revenue                    $     -     $      -     $       -
Total operating expenses       465       18,525       (18,060 )
Other expenses               2,920        2,799           121
Net loss                   $ 3,385     $ 21,324     $ (17,939 )

Liquidity and Financial Condition





Working Capital



                                December 31,       December 31,
                                    2019               2018          Changes
Total Current Assets           $            -     $            -     $      -
Total Current Liabilities              43,860             40,475        3,385
Working Capital (Deficiency)   $      (43,860 )   $      (40,475 )   $ (3,385 )




Cash Flows



                                                  Year Ended
                                                 December 31,
                                               2019         2018

Cash Flows Used in Operating Activities $ - $ - Cash Flows Provided by Financing Activities -

           -
Net change in Cash During Period              $     -       $   -




As at December 31, 2019, our company's cash balance was $0 and total assets were $0. As at December 31, 2018, our company's cash balance was $0 and total assets were $0.

Our total current liabilities as of December 31, 2019 were $43,860 as compared to total current liabilities of $40,475 as of December 31, 2018. The increase in current liabilities was primarily due an increase in accrued interest - related party.

As at December 31, 2019, our company had working capital deficiency of $43,860 compared with working capital deficiency of $40,475 as at December 31, 2018, an increase in working capital deficiency of $3,385. This was driven by the increase in current liabilities.





Operating Activities


Net cash used in operating activities was $0 for the years ended December 31, 2019 and 2018. For the year ended December 31, 2019, we had a net loss of $3,385, which was reduced by an increase in accrued interest due to related party of $2,920, and accounts payable and accrued expense of $465. December 31, 2018, we had a net loss of $21,324, which was reduced by a decrease in prepaid expenses of $3,333, an increase in accounts payable and accrued liabilities of $10,828, notes payable due to related party of $4,364 and accrued interest due to related party of $2,799.





Investing Activities


We did not use any cash in investing activities for the years ended December 31, 2019 and 2018.






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Financing Activities



We did not have any cash provided from financing activities for the years ended December 31, 2019 and 2018.





Contractual Obligations


As a "smaller reporting company", we are not required to provide tabular disclosure obligations.





Going Concern


Our auditors have issued a going concern opinion on our audited financial statements for the year ended December 31, 2019. This means that there is substantial doubt that we can continue as an on-going business for the next twelve months unless we obtain sufficient debt or equity financing to fund our operating expenses. This is because we have not commenced planned principal operations. We have no actual or potential revenue source. There is no assurance we will ever reach this point. Our financial statements do not include any adjustments relating to the recoverability and classification of asset carrying amounts or the amount and classification of liabilities that might be necessary should we be unable to continue as a going concern.

The continuation of our business is dependent upon obtaining further financing or acquiring a new business and achieving a break even or profitable level of operations in that new business. The issuance of additional equity securities by us could result in a significant dilution in the equity interests of our current stockholders. It is not probable we would be able to obtaining traditional loans from financial institutions because we have no business operations, no assets and no revenues.

There are no assurances that we will be able to obtain additional financing through private placements, bank financing or other loans necessary to support our working capital requirements. To the extent that funds generated from operations and any private placements, public offerings and/or bank financing are insufficient, we will have to raise additional working capital. No assurance can be given that additional financing will be available, or if available, will be on terms acceptable to us. We have been reliant on our majority shareholder to provide financial contributions and services to keep the company operating. We currently have no written or oral agreement from our majority shareholder to continue to provide financial contributions.

Off-Balance Sheet Arrangements

We have no 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 is material to stockholders.





Critical Accounting Policies


We prepare our financial statements in conformity with GAAP, which requires management to make certain estimates and assumptions and apply judgments. We base our estimates and judgments on historical experience, current trends and other factors that management believes to be important at the time the financial statements are prepared and actual results could differ from our estimates and such differences could be material. We have identified below the critical accounting policies which are assumptions made by management about matters that are highly uncertain and that are of critical importance in the presentation of our financial position, results of operations and cash flows. Due to the need to make estimates about the effect of matters that are inherently uncertain, materially different amounts could be reported under different conditions or using different assumptions. On a regular basis, we review our critical accounting policies and how they are applied in the preparation our financial statements.





Use of Estimates



The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.






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