The following discussion should be read in conjunction with our 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. 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 for the year ended October 31, 2019 and October 31, 2018:

Revenue and cost of goods sold

We did not generate any revenues for the year ended October 31, 2019 (Year ended October 31, 2018 - $21,161, which relates entirely to discontinued operations). The cost of goods sold for the year ended October 31, 2018 was $8,551 which represents the cost of raw materials. Again, this relates entirely to discontinued operations.





Operating expenses

Total operating expenses for continuing operations for the year ended October 31, 2019 were $150,167 with an additional $35,037 having been expended on operating expenses for discontinued operations (October 31, 2018 - $33,908, all of which related to operating expenses for discontinued operations). The operating expenses for the year ended October 31, 2019 included work program & technical fees of $55,703; website costs of $18,875; legal & professional fees of $45,221; rent expense of $7,230; consultancy fees


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of $3,000; travel & subsistence of $5,039 . The operating expenses for the year ended October 31, 2018 included loss on sale of fixed assets of $155; inventory loss of $479; advertising expense of $4,556; bank charges of $586; depreciation expense of $3,514; legal fees of $600; audit fees of $12,000; professional fees of $6,070; rent expense of $2,820, all of which relate to discontinued operations.





Net Loss

The net loss for the year ended October 31, 2019 was $150,167. Additionally, there was a loss on discontinued operations of $ 35,037, making a total loss for the year of $185,204. The net loss for the year ended October 31, 2018 was $21,298, which relates entirely to discontinued operations.

Liquidity and Capital Resources and Cash Requirements

At year ended October 31, 2019, we had cash of $184,938 ($5,719 as of October 31, 2018). We had working capital of $29,530 (deficit of $15,843 as of October 31, 2018).

During the year ended October 31, 2019, we used $101,239 of cash in operating activities and a further $30,114 in relation discontinued operations ( October 31, 2018 - $7,163 was used in connection with discontinued operations).

During the year ended October 31, 2019, we used $56,799 of cash in investing activities. This compares to cash used in investing activities of $533 in 2018.

During the year ended October 31, 2019, we generated $367,372 of cash in financing activities. This compares to cash provided by financing activities of $6,000 in 2018.

We cannot guarantee that we will raise sufficient funds to continue our business. We will attempt to raise the necessary funds to proceed with all phases of our plan of operation.

Our auditors have issued a "going concern" opinion, meaning that there is substantial doubt we can continue as an on-going business for the next twelve months unless we obtain additional capital. Our only sources for cash at this time are investments by others in this offering, selling our paper dung products and loans from our director. We must raise cash to implement our plan and stay in business.

Management believes that current trends toward lower capital investment in start-up companies pose the most significant challenge to the Company's success over the next year and in future years. Additionally, the Company will have to meet all the financial disclosure and reporting requirements associated with being a publicly reporting company. The Company's management will have to spend additional time on policies and procedures to make sure it is compliant with various regulatory requirements, especially that of Section 404 of the Sarbanes-Oxley Act of 2002. This additional corporate governance time required of management could limit the amount of time management has to implement is business plan and impede the speed of its operations.

Limited operating history; need for additional capital

There is no historical financial information about us upon which to base an evaluation of our performance. We are in a start-up stage of operations and are unlikely to generate significant revenues in the forseable future. We cannot guarantee that we will be successful in our business operations. Our business is subject to risks inherent in the establishment of a new business enterprise, including limited capital resources and possible cost overruns due to price and cost increases in outsourced services and products.

Off-Balance Sheet Arrangements

We do not have any 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.

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