Management's Discussion and Analysis of Financial Condition and Results of Operations

Caution Regarding Forward-Looking Information





This Quarterly Report on Form 10-Q, including, without limitation, statements
containing the words "believes", "anticipates", "expects" and words of similar
import, constitute forward-looking statements. Such forward-looking statements
involve known and unknown risks, uncertainties and other factors that may cause
the actual results, performance or achievements of the Company, or industry
results, to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking statements.



Such factors include, among others, the following: international, national and
local general economic and market conditions: demographic changes; the ability
of the Company to sustain, manage or forecast its growth; the ability of the
Company to successfully make and integrate acquisitions; existing government
regulations and changes in, or the failure to comply with, government
regulations; adverse publicity; competition; fluctuations and difficulty in
forecasting operating results; changes in business strategy or development
plans; business disruptions; the ability to attract and retain qualified
personnel; and other factors referenced in this and previous filings.



Given these uncertainties, readers of this Form 10-Q and investors are cautioned
not to place undue reliance on such forward-looking statements. The Company
disclaims any obligation to update any such factors or to publicly announce the
result of any revisions to any of the forward-looking statements contained
herein to reflect future events or developments.



Overview




The Company was organized on August 13, 2014 as a Nevada corporation under
Chapter 78 of the Nevada Revised Statutes. The Company's registered address is
3773 Howard Hughes Pkwy STE 500S, Las Vegas, NV, 89169, USA, and its principal
office is located at 1111 W 12th St, # 113, Austin, Texas 78703.



The Company qualifies as an "emerging growth company" as defined in the
Jumpstart Our Business Startups Act which became law in April 2012. The
definition of an "emerging growth company" is a company with an initial public
offering of common equity securities which occurred after December 8, 2011 and
has less than $1 billion of total annual gross revenues during last completed
fiscal year.



Overview of the Business



The Company was originally formed as to provide consulting services. From 2018
through the first quarter of 2021, the company name was AllyMe Group, Inc. and
provided consulting services in China principally focused on the development of
new-high-tech products marketing and retail sales.



On April 27, 2021, the Company acquired intellectual property assets from
NEXT-ChemX Corporation, a private Texas corporation ("NEXT-ChemX") related to a
novel membrane-based ion extraction process ("Membrane Technology"), which is
able to extract ions exiting in low concentrations from liquid solutions. It can
be used to extract lithium from brine solutions, to extract fatty acids from
vegetable oils as a superior refining process, to extract radioactive ions from
nuclear waste waters, to extract specific metal ions from mining leach solutions
and waste effluent, and to remove ions from seawater for desalination, among
other things.

Results of Operations for the Six Months Ended June 30, 2021 Compared to June 30, 2020

The following table summarizes the results of our operations during the six months ended June 30, 2021 and 2020, respectively, and provides information regarding the dollar and percentage increase or (decrease) from the current three-month period to the prior three-month period:





                                                                                                Percentage
                                                                             Increase            Increase
           Line Item                June 30, 2021       June 30, 2020       (Decrease)          (Decrease)

Revenues                           $             -     $             -     $           -                    - %
Cost of Revenues                                 -                   -                 -                    - %
Operating expenses                         314,655              32,544           282,111                  867 %
Gain from discontinued
operations                                       -             287,171          (287,171 )               (100 )%
Net profit (loss)                         (349,836 )           254,627          (604,463 )               (237 )%
Profit (Loss) per share of
common stock                                 (0.02 )              0.03             (0.05 )                 -.




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The increase in operating expenses is primarily due to amortization of intangible assets acquired in 2021 and payroll expenses.

Gain from discontinued operations is derived from subsidiaries disposed in 2020.

Net loss for the six months ended June 30, 2021 was mainly derived from operating expenses and net profit for the six months ended June 30, 2020 was mainly derived from gain from discontinued operations.

Liquidity and Capital Resources

As of June 30, 2021, we had total assets of $3,583,298, and an accumulated deficit of $514,399.





Our operating activities used $187,789 in cash for the six months ended June 30,
2021, while our operations used $255,840 cash in the six months ended June 30,
2020. We had no revenues in the six months ended June 30, 2021, or in the prior
year same period.



Our cash requirements are primarily pilot plant equipment and operating expenses
for the development of pilot plant systems and its demonstration to potential
customers, as well as our payroll expense.



Management believes that the Company's cash on hand will not be sufficient to
fund all Company obligations and commitments for the next twelve months.
Historically, we have depended on loans from our principal shareholders and
their affiliated companies to provide us with working capital as required. There
is no guarantee that such funding will be available when required and there can
be no assurance that our stockholders, or any of them, will continue making
loans or advances to us in the future.

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 or
capital expenditures or capital resources that is material to an investor in our
securities.



Seasonality

Our operating results are not affected by seasonality.





Inflation

Our business and operating results are not affected in any material way by inflation.





Critical Accounting Policies



Our financial statements and accompanying notes have been prepared in accordance
with GAAP. The preparation of these financial statements requires management to
make estimates, judgments, and assumptions that affect reported amounts of
assets, liabilities, revenues and expenses. We continually evaluate the
accounting policies and estimates used to prepare the financial statements. The
estimates are based on historical experience and assumptions believed to be
reasonable under current facts and circumstances. Actual amounts and results
could differ from these estimates made by management. Certain accounting
policies that require significant management estimates and are deemed critical
to our results of operations or financial position. Our critical accounting
estimates are more fully discussed in Note 2 to our unaudited financial
statements contained herein.



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