FORWARD LOOKING STATEMENTS


Statements made in this Form 10-Q that are not historical or current facts are
"forward-looking statements" made pursuant to the safe harbor provisions of
Section 27A of the Securities Act of 1933 (the "Act") and Section 21E of the
Securities Exchange Act of 1934. These statements often can be identified by the
use of terms such as "may," "will," "expect," "believe," "anticipate,"
"estimate," "approximate" or "continue," or the negative thereof. We intend that
such forward-looking statements be subject to the safe harbors for such
statements. We wish to caution readers not to place undue reliance on any such
forward-looking statements, which speak only as of the date made. Any
forward-looking statements represent management's best judgment as to what may
occur in the future. However, forward-looking statements are subject to risks,
uncertainties and important factors beyond our control that could cause actual
results and events to differ materially from historical results of operations
and events and those presently anticipated or projected. We disclaim any
obligation subsequently to revise any forward-looking statements to reflect
events or circumstances after the date of such statement or to reflect the
occurrence of anticipated or unanticipated events.



Overview of the Business


The Company was incorporated on March 14, 2018, under the laws of the State of Nevada. The Company's principal business is the development of internet and personal computer security software products. The Company is engaged in E-Commerce business.





Results of Operations



Three Months Ended September 30, 2022, Compared to the Three Months Ended September 30, 2021

The following table summarizes the results of our operations for the three months ended September 30, 2022 and 2021, 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
                                    Three months       Three months         Increase           Increase
           Line Item                ended 9/30/22      ended 9/30/21       (Decrease)         (Decrease)

Revenues                            $   2,903,014      $     743,677      $  2,159,337                  290 %
Operating expenses                         81,857             67,325            14,532                   22 %
Net (loss) income                         418,835            (29,373 )         448,208                1,526 %
Income (Loss) per share of
common stock                                 0.03              (0.00 )            0.03                1,526 %




During the three months ended September 30, 2022, we had revenues of $2,903,014,
compared to revenues of $743,677 for the three months ended September 30, 2021,
an increase of $2,159,337, or 290.4%, due to the increase in sales volume and
increased service income.


Operating expenses totaled $81,857 for the three months ended September 30, 2022, compared to $67,325 for the three months ended September 30, 2021, an increase of $14,532, or 21.6%. This increase was attributable to the increase of audit-related expenses.

We recorded net income of $418,835 for the three months ended September 30, 2022, as compared to a net loss of $29,373 for the three months ended September 30, 2021. The increase in income resulted primarily due to the increase in revenue.

Liquidity and Capital Resources





As of September 30, 2022, we had cash of $608,550, total assets of $12,486,135,
working capital of $6,478,073 and total stockholders' equity of $12,101,393. Net
cash provided by operating activities was $227,302 for the three months ended
September 30, 2022. As of June 30 30, 2022, we had cash of $405,786, total
assets of $12,886,288, working capital of $6,448,105 and stockholders' equity of
$12,424,946. Our net cash used in operating activities was $115,760 for the
three months ended September 30, 2021. We recorded $2,903,014 in revenues for
the three months ended September 30, 2022, while we reported $ $743,677 in
revenues for the three months ended September 30, 2021.



Management believes that the Company's cash on hand may not be sufficient to
fund all Company obligations and commitments for the next twelve months;
however, our income from operations will be sufficient to run the Company for
the next twelve months from the date these consolidated financial statements
were issued. Historically, we have depended on loans from our principal
shareholders and their affiliated companies to augment our 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.



Our current available cash will be sufficient to satisfy our liquidity
requirements with our income from operations. Our capital requirements for the
next twelve months will depend on numerous factors, including management's
evaluation of the timing of projects to pursue. Subject to our ability to
generate revenues and cash flow from operations and our ability to raise
additional capital (including through possible joint ventures and/or
partnerships), we expect to incur substantial expenditures to carry out our
business plan, as well as costs associated with our capital raising efforts, and
being a public company. If we were unable to obtain additional financing, we may
be required to reduce the scope of, delay or eliminate some or all of our
planned activities and limit our operations which could have a material adverse
effect on our business, financial condition and results of operations.



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Operating Activities



Net cash provided by operating activities for the three months ended September
30, 2022 was $227,302, primarily as a result of net income increase of $418,835,
including depreciation and amortization expenses of $4,670, an increase in
advance from customers of $50,609 and a decrease in advance to suppliers -
current of $1,089,233 offset by increase in accounts receivable of $677,278,
increase in inventories of $483,977 and increase in other receivable of $61,018.



Net cash used in operating activities for the three months ended September 30,
2021 was $115,760 primarily as a result of net loss of $29,373, depreciation and
amortization expense of $4,692, forgiveness of debt by an officer and director
of $19,974, and due to net increase in operating assets of $71,105 due to
increase in accounts receivable of $840,354, decrease in accounts receivable -
related parties of $772,809, increase in accounts payable of $38,422, decrease
in advances and deposits of $30,912, and decrease in accrued expenses and other
payable of $11,070.



Future Capital Requirements



Our capital requirements for the fiscal year ending June 30, 2023, will depend
on numerous factors, including management's evaluation of the timing of projects
to pursue. Subject to our ability to generate revenues and cash flow from
operations and our ability to raise additional capital (including through
possible joint ventures and/or partnerships), we expect to incur substantial
expenditures to carry out our business plan, as well as costs associated with
our capital raising efforts, and being a public company.



Our plans to finance our operations include seeking equity and debt financing,
alliances or other partnership agreements, or other business transactions, that
would generate sufficient resources to ensure continuation of our operations.
Management believes that the Company's cash on hand will 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 augment our working capital as required



The sale of additional equity or debt securities may result in additional
dilution to our shareholders. If we raise additional funds through the issuance
of debt securities or preferred stock, these securities could have rights senior
to those of our common stock and could contain covenants that would restrict our
operations. Any such required additional capital may not be available on
reasonable terms, if at all. If we were unable to obtain additional financing,
we may be required to reduce the scope of, delay or eliminate some or all of our
planned activities and limit our operations which could have a material adverse
effect on our business, financial condition and results of operations.



Inflation



The amounts presented in our financial statements do not provide for the effect
of inflation on our operations or financial position. The net operating losses
shown would be greater than reported if the effects of inflation were reflected
either by charging operations with amounts that represent replacement costs or
by using other inflation adjustments.



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.

Critical Accounting Policies

The Securities and Exchange Commission issued Financial Reporting Release No.
60, "Cautionary Advice Regarding Disclosure About Critical Accounting Policies"
suggesting that companies provide additional disclosure and commentary on their
most critical accounting policies. In Financial Reporting Release No. 60, the
Securities and Exchange Commission has defined the most critical accounting
policies as the ones that are most important to the portrayal of a company's
financial condition and operating results and require management to make its
most difficult and subjective judgments, often as a result of the need to make
estimates of matters that are inherently uncertain. The nature of our business
generally does not call for the preparation or use of estimates.



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