Vaycaychella : 06/30/2022 Quarterly Financial Report

INDEX TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS

Consolidated Balance Sheets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	F-2
Consolidated Statements of Operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	F-3
Consolidated Statement of Stockholders' Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	F-4
Consolidated Statements of Cash Flows . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	F-5
Notes to Consolidated Financial Statements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	F-6

F-1

Vaycaychella Inc.
Consolidated Balance Sheet
(Unaudited)	June 30, 2022			December
ASSETS					31, 2021
CURRENT ASSETS
Cash	$	51,558	$	51,558
Note receivable, including accrued interest		1,516,722			1,466,722
Total current assets		1,568,280			1,518,280
OTHER ASSETS
Goodwill, net		175,263			185,278
Total other assets		175,263			185,278
Total Assets	$	1,743,543	$ 1,703,558
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
CURRENT LIABILITIES
Accounts payable and accrued liabilities	$	349,007	$	319,008
Convertible loans, including accrued interest		2,501,137			2,514,040
Short term loan, including accrued interest, related party		60,000			58,000
Acquisition note payable, including accrued interest		1,800,000			1,740,000
Total current liabilities		4,710,144			4,631,048
Commitments and Contingencies		-			-
STOCKHOLDERS' EQUITY (DEFICIT)
Preferred stock, $0.001 par value, authorized 10,000,000 shares, 5,000 shares issued
and outstanding		5			5
Common stock, $0.001 par value, authorized 2,500,000,000; 862,883,796 and
770,009,206 shares issued and outstanding		862,884			770,009
Additional paid-in capital		9,664,450			9,664,450
Accumulated deficit		(13,493,940)	(13,361,954)
Total stockholders' equity (deficit)		(2,966,601)			(2,927,490)
Total Liabilities and Stockholders' Equity	$	1,743,543	$ 1,703,558

The accompanying notes are an integral part of the financial statements

F-2

			Vaycaychella Inc.
Consolidated Statements of Operations
	Three months ended March 31,
			(unaudited)
			Three months ended June 30,		Six months ended June 30,
			2022			2021			2022			2021
REVENUES, net	$	-		$	-		$	-		$	-
OPERATING EXPENSES:
General and administrative expenses			15,000			15,000		30,000			32,650
Total expenses			15,000		15,000		30,000			32,650
Net loss before other income (loss)			(15,000)			(15,000)		(30,000)		(32,650)
OTHER INCOME (LOSS)
Interest expense			(70,187)			(31,000)		(141,971)		(62,000)
Amortization of goodwill			(5,008)		(5,007)		(10,015)		(5,007)
Interest income			25,000			25,000		50,000		50,000
Total other income (loss)			(50,195)		(11,007)		(101,986)		(17,007)
Net income (loss)		$	(65,195)		$	(26,007)		$	(131,986)		$	(49,657)
Income (loss) per weighted average
common share			$0.000			$0.000		$0.000		$0.000
Number of weighted average common
shares outstanding			824,143,043			642,735,569		846,033,652		474,645,261

The accompanying notes are an integral part of the financial statements

F-2

Vaycaychella Inc.

Consolidated Statement of Stockholders' Deficit

(Unaudited)

					Additional				Total
	Number	Par	Paid-in	Accumulated		Stockholders'
	of Shares		Value		Capital		Deficit			Equity
BALANCE, January 1, 2021	161,271,206		$161,271	$9,589,850	$(12,488,831)	$	(2,737,710)
Shares issued to settle debt	292,919,000		292,919	-	-		292,919
Net loss	-		-	-	(23,650)		(23,650)
Balance March 31, 2021	454,190,206		454,190		9,589,850		(12,512,481)			(2,468,441)
Shares issued to settle debt	293,419,000	293,419	-	-		293,419
Net loss	-		-	-	(26,007)		(26,007)
Balance June 30, 2021
747,609,206		747,609		9,589,850		(12,538,488)			(2,201,029)

Vaycaychella Inc.

Consolidated Statement of Stockholders' Deficit

(Unaudited)

							Additional					Total
	Number		Par		Paid-in		Accumulated		Stockholders'
	of Shares			Value			Capital			Deficit			Equity
BALANCE, January 1, 2022	770,009,206			$770,009		$9,664,450		$(13,361,954)	$	(2,927,490)
Shares issued to settle debt	40,000,000			40,000			-			-			40,000
Net loss	-		-		-		(66,791)		(66,791)
Balance March 31, 2022	810,009,206		$	810,009		$	9,664,450		$	(13,428,745)		$	(2,954,281)
Net loss	-		-		-		(65,195)		(65,195)
Balance June 30, 2022	810,009,206		$	810,009		$	9,664,450		$	(13,493,940)		$	(3,019,476)

The accompanying notes are an integral part of the financial statements

F-4

Vaycaychella Inc.

Consolidated Statements of Cash Flows

Three months ended March 31,

(Unaudited)

CASH FLOWS FROM OPERATING ACTIVITIES:	2022			2021
Net loss	$	(131,986)			$(49,657)
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization of goodwill		10,015			5,007
Changes in operating assets and liabilities
(Increase) decrease in interest receivable		(50,000)			(50,000)
Increase (decrease) in interest payable		141,971			62,000
Increase (decrease) in wages payable		30,000			-
Increase (decrease) in accrued interest		-			-
Net cash provided (used) by operating activities		-			(32,650)
CASH FLOWS FROM INVESTING ACTIVITIES:
Cash balance of acquired entity		-			-
Net cash provided by operating activities		-			-
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from related party loan		-			-
Net cash provided by investing activities		-			-
Net increase (decrease) in cash		-			(32,650)
CASH, beginning of period		99,208			99,208
CASH, end of period	$	99,208	$	66,558
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Interest paid in cash	$	-		$	-
Taxes paid in cash
$	-		$	-
Non-Cash Financing Activities:
Shares issued to settle debt and accrued expenses	$	54,875	$	571,338

The accompanying notes are an integral part of the financial statements

F-5