You should read the following Management's Discussion and Analysis of Financial Condition and Results of Operations together with the accompanying financial statements and related notes thereto included elsewhere in this report.

Liquidity and Capital Resources

At December 31, 2019, the Company had liquid assets in the form of cash of $64,615 and prepaid expense in the amount of $1,750 and liabilities of $0. This compares to cash of $148,579 and other current assets of $5,250 as of December 31, 2018. The Company's decrease in assets over the period was due to expenses incurred in maintaining the Company's public status and seeking a suitable acquisition/merger candidate.

The Company had no material commitments for capital expenditures at December 31, 2019.





Results of Operations

The Company has not realized any revenues from operations in the past two years, and its plan of operation for the next twelve months shall be to continue its efforts to locate a suitable acquisition/merger candidate.

It is unlikely the Company will have any revenue, other than interest income, unless it is able to effect an acquisition of or merger with an operating company, of which there can be no assurance.

For the years ended December 31, 2019 and 2018, the Company showed net losses of $87,464 and $95,581, respectively. The decrease in net loss was due primarily to decreased rent expense as the Company changed office locations.

Off-Balance Sheet Arrangements

The Company has no off-balance sheet arrangements.





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