The following discussion should be read in conjunction with the accompanying financial statements for the three- and nine-month periods ended September 30, 2022 and the Form 10-K for the fiscal year ended December 31, 2021.

Liquidity and Capital Resources

At September 30, 2022, the Company had current assets in the form of cash of $12,100 and $0 liabilities. This compares with cash of $39,732 and liabilities of $2,000 as of December 31, 2021. The decrease in cash was due to expenses associated with maintaining the Company's public status and evaluating business opportunities.





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 quarters ended September 30, 2022 and 2021, the Company showed net losses of $72,598 and $4,267, respectively. The increase in net loss was due primarily to expense associated with related party compensation for services, including non-cash expense of warrants issued for services.

For the nine-month periods ended September 30, 2022 and 2021, the Company showed net losses of $84,032 and $18,353, respectively. The increase in net loss was due primarily to expense associated with related party compensation for services, including non-cash expense of warrants issued for services.

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