Cautionary Note Regarding Forward-Looking Statements

This Quarterly Report on Form 10-Q, including this discussion and analysis by management, contains or incorporates forward-looking statements. All statements other than statements of historical fact made in report are forward looking. In particular, the statements herein regarding industry prospects and future results of operations or financial position are forward-looking statements. These forward-looking statements can be identified by the use of words such as "believes," "estimates," "could," "possibly," "probably," anticipates," "projects," "expects," "may," "will," or "should" or other variations or similar words. No assurances can be given that the future results anticipated by the forward-looking statements will be achieved. Forward-looking statements reflect management's current expectations and are inherently uncertain. Our actual results may differ significantly from management's expectations.

The following discussion and analysis should be read in conjunction with our financial statements, included herewith. This discussion should not be construed to imply that the results discussed herein will necessarily continue into the future, or that any conclusion reached herein will necessarily be indicative of actual operating results in the future. Such discussion represents only the best present assessment of our management.





Going Concern

We have indicated on our financial statements for the six months ended June 30, 2020 that conditions exist that raise substantial doubt about our ability to continue as a going concern due to our recurring losses from operations, deficit in equity, and the need to raise additional capital to fund operations. A "going concern" opinion could impair our ability to finance our operations through the sale of debt or equity securities.

We require additional funding to meet its ongoing obligations and to fund anticipated operating losses. Our auditor has expressed substantial doubt about our ability to continue as a going concern. Our ability to continue as a going concern is dependent on raising capital to fund its initial business plan and ultimately to attain profitable operations. These financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts, or amounts and classification of liabilities that might result from this uncertainty.

We expect to incur marketing and professional and administrative expenses as well expenses associated with maintaining our filings with Securities and Exchange Commission. We will require additional funds during this time and will seek to raise the necessary additional capital. If we are unable to obtain additional financing, we may be required to reduce the scope of our business development activities, which could harm our business plans, financial condition and operating results. Additional funding may not be available on favorable terms, if at all. We intend to continue to fund its business by way of equity or debt financing and advances from related parties. Any inability to raise capital as needed would have a material adverse effect on our business, financial condition and results of operations.

If we cannot raise additional funds, we will have to cease business operations. As a result, our common stock investors would lose all of their investment.






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Results of Operations

Three months ended June 30, 2020 compared to the three months ended June 30, 2019

Net revenue: We did not generate any revenue for the three months ended June 30, 2020 and 2019. We have had limited business operations since incorporation.

General and administrative expenses: General and administrative expenses primarily consist of legal and professional service fees. General and administrative expenses were $10,024 for the three months ended June 30, 2020, as compared to $14,473 for the three months ended June 30, 2019, which represented a decrease of $4,449, or 31%. The decrease in general and administrative expenses was primarily attributable to the decrease in accounting, legal and professional fees.

Net loss: Our net loss was $10,023 for the three months ended June 30, 2020, as compared to net loss of $14,473 for the three months ended June 30, 2019. The decrease in net loss was primarily due to the decrease in general and administrative expenses.

Six months ended June 30, 2020 compared to the six months ended June 30, 2019

Net revenue: We did not generate any revenue for the six months ended June 30, 2020 and 2019. We have had limited business operations since incorporation.

General and administrative expenses: General and administrative expenses primarily consist of legal and professional service fees. General and administrative expenses were $21,474 for the six months ended June 30, 2020, as compared to $35,080 for the six months ended June 30, 2019, which represented a decrease of $13,606, or 39%. The decrease in general and administrative expenses was primarily attributable to the decrease in accounting, legal and professional fees.

Net loss: Our net loss was $21,473 for the six months ended June 30, 2020, as compared to net loss of $35,080 for the six months ended June 30, 2019. The decrease in net loss was primarily due to the decrease in general and administrative expenses.

Liquidity and Capital Resources

Cash and cash equivalents were $1,348 at June 30, 2020 and $1,347 at December 31, 2019. Our total current assets were $1,348 at June 30, 2020, as compared to $1,347 at December 31, 2019. Our total current liabilities were $291,357 at June 30, 2020, as compared to $269,883 at December 31, 2019.

We had negative working capital of $290,009 at June 30, 2020, compared to negative working capital of $268,536 at December 31, 2019. The increase in negative working capital was due to the increase in accrued expenses and due to related parties.

Net cash from operating activities was $1 for six months ended June 30, 2020 and $150 for the six months ended June 30, 2019. The net losses from both periods were offset with changes in assets and liabilities.

We had no net cash flow from investing activities or financing activities during the six months ended June 30, 2020 and 2019.

Net increase in cash and cash equivalent amounted to $1 and $150 for the six months ended June 30, 2020 and 2019, respectively.






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Critical Accounting Policies

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America ("U.S. GAAP") requires estimates and assumptions that affect the reported amounts of assets and liabilities, revenues and expenses, and related disclosures of contingent assets and liabilities in the financial statements and accompanying notes. The SEC has defined a company's critical accounting policies as the ones that are most important to the portrayal of the company's financial condition and results of operations, and which require the company to make its most difficult and subjective judgments, often as a result of the need to make estimates of matters that are inherently uncertain. Based on this definition, we have not identified any additional critical accounting policies and judgments. We also have other key accounting policies, which involve the use of estimates, judgments and assumptions that are significant to understanding our results, which are described in the Note 1 to our financial statements. Although we believe that our estimates, assumptions and judgments are reasonable, they are based upon information presently available. Actual results may differ significantly from these estimates under different assumptions, judgments or conditions.

Off-balance Sheet Arrangements

We were not aware of any off-balance sheet arrangements as of June 30, 2020.

Recent Accounting Pronouncements

The Company has reviewed all recently issued, but not yet effective, accounting pronouncements and do not believe the future adoption of any such pronouncements may be expected to cause a material impact on its financial condition or the results of its operations.





Inflation

Our opinion is that inflation has not had a material effect on our operations and is not expected to have any material effect on our operations.

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