Forward-Looking Statements

Certain statements made in this report on Form 10-k are "forward-looking statements" regarding the plans and objectives of management for future operations. Such statements involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements of the registrant to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. The forward-looking statements included herein are based on current expectations that involve numerous risks and uncertainties. The Company's plans and objectives are based, in part, on assumptions involving the continued expansion of business. Assumptions relating to the foregoing involve judgments with respect to, among other things, future economic, competitive, and market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond the control of the Company. Although the Company believes its assumptions underlying the forward-looking statements are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance the forward-looking statements included in this report will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by the registrant or any other person that the objectives and plans of the registrant will be achieved.




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Substantial risks exist with respect to an investment in the Company. These factors include, but are not limited to:



  ? We have incurred significant losses and expect to incur future losses;


  ? We have limited operating history and limited business growth;


     ?    Potential significant dilution resulting from the issuance of new
          securities for any funding, debt conversion or any business
          combination.



Description of Business

Plasma Innovative Inc., a Nevada corporation, was incorporated on July 22, 2021. We are an emerging cold plasma application company. We intend to use our proprietary, cold plasma technology to treat crops and plant seeds for agriculture. We believe that treated seeds yield healthier and more productive plants and crops. One of our directors has spent the last 16 years testing and developing this technology, which has been assigned to the Company.

Plasma is called the fourth state of matter after gas, solid, and liquid. Sir William Crooks identified it in 1879. Plasma is roughly defined as a collection of equally positive and negative charge carriers and has zero total charge. Mr. Shao, our director, had spent a number of years developing the application of cold plasma for the agriculture industry. In 2015, through his own internal testing, he discovered that cold plasma could interact with living organisms (biomolecules), thereby enabling living organisms (biomolecules) to obtain energy. Our process applies radio-frequency lighting supplied by the plasma source in a low-pressure vacuum environment to affect the seeds at the molecular level. As the plant life cycle develops from seed to yield-bearing plants, our internal tests have indicated that the plants are healthier, demonstrating superior qualities over conventional, untreated seeds.

Although the favorable characteristics of our plasma process have been supported by our own internal testing, the results have not been corroborated by third-party, independent tests.

As the founder and key researcher Mr. Shao passed away, Management is rethinking of the marketing strategy of our technologies and timeline to farmers, nurseries, and greenhouses close to our facilities in Pennsylvania and collaborate with agriculture departments at various universities to expand the business.

RESULTS OF OPERATIONS

For the three months and six months ended February 28, 2023 and 2022, we did not recognize any revenues from operations.

For the three months and six months ended February 28, 2023, we had a net loss from operations of $2,064 and $9,555, respectively, and we had a net loss of $28,067 and $50,435 respectively for the three months and six months ended February 28, 2022 related to administrative expenses which consist primarily of professional fees.

We will continue to explore and advance the potential collaborations with agriculture departments of large universities within the State of Pennsylvania. We are hopeful that these universities will participate in the testing of our technology, which we believe will lead to a prospective client base of larger farmers' greenhouses and nurseries in the area and state.




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Net Loss

For the three months ended February 28, 2023 and 2022, the Company had a net loss of $2,064 and $28,067 respectively, and a net loss of 9,555 and $50,435 for the six months ended February 28, 2023 and 2022, respectively for the reasons discussed above.

Liquidity and Capital Resource

The Company had $73,348 and $82,773 in working capital as of February 28, 2023 and August 31, 2022, respectively.

Our primary uses of cash have been for operations. The main sources of cash have been from the private placement of our common stock. The following trends are reasonably likely to result in a material decrease in our liquidity over the near to long term:



      ? The need for additional equipment,


  ? Development of a Company website,


        ?   Increases in advertising and marketing in order to attempt to generate
            more revenues, and


  ? The cost of being a public company.

Off-Balance Sheet Arrangements

The Company does not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on the Company's financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures, or capital resources that is material to investors.



Contractual Obligations

None.

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