Operating results for the three months ended June 30, 2020, are not necessarily indicative of results that may occur in future interim periods or for the full fiscal year.

As used in this Form 10-Q, references to the Company," "we," "our" or "us" refer to Strong Solutions, Inc. a Nevada Corporation unless the context otherwise indicates.





Forward-Looking Statements



Our Form 10 contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and such statements are intended to enjoy the benefit of that act. Unless the context is otherwise, we use words such as "anticipate", "assumption", " believe", "could", "estimate", "expect", "forecast", "intend", "may", "objective", "outlook", "plan" and "plans", "potential", "predict", project" and "projection", "seek", "should", "will continue", "will result" and "would", or other such words, whether nouns or pronouns and verbs or adverbs in the future tense and words and phrases that convey similar meaning and uncertainty of and information about future events or outcomes and statements about performance that is not an historical fact to identify these forward-looking statements. Such words and statements involve estimates, assumptions and uncertainties, which could cause actual results to differ materially from those expressed in them. Any forward-looking statements are qualified in their entirety by reference to the factors discussed throughout this document. All forward-looking statements concerning economic conditions, rates of growth, rates of income or values as may be included in this document are based on information available to us on the dates noted, and we assume no obligation to update any such forward-looking statements. It is important to note that our actual results may differ materially from those anticipated in such forward-looking statements due to fluctuations in interest rates, inflation, government regulations, economic conditions and competitive product and pricing pressures in the geographic and business areas in which we conduct operations, including our plans, objectives, expectations and intentions and other factors discussed elsewhere in this registration statement.

There are a number of important factors beyond our control that could cause actual results to differ materially from the results anticipated by these forward-looking statements. While we make these forward-looking statements based on our beliefs and on various factors and using numerous assumptions using information available at the time we make these statements. Forward-looking statements are neither predictions nor guaranties of future events or circumstances, and the assumptions, beliefs, expectations, forecasts and projections about future events may differ materially from actual results. You have no assurance the factors and assumptions we have used as a basis for forward-looking statements will prove to be materially accurate when the events they anticipate actually occur in the future; and, you should not place undue reliance on any such forward-looking statements. We undertake no obligation to publicly update any forward-looking statement to reflect developments occurring after the date of this registration statement.





                                       8





Business Overview


Mr. Guzii founded the Company to engage in real estate management and consulting, maintenance and rehabilitation, and construction equipment rental business in Ukraine. At the date of this report, we have one client (Protel Management) for whom we provide property management service for real estate located in Ukraine and we have one client (firm Markus) for whom we provide construction equipment rental service. From both clients, we received income in this quarter. It has been the only source of our revenue.

We are committed to expanding the scope of services offered. We will offer rehabilitation of properties with equipment rental services useful in appropriate maintenance and repair. For Protel Management, we provide real estate management in Ukraine.

The services we provide include identifying suitable opportunities for future real estate development and construction, oversight of development and construction of real estate managed by Protel Management, and the management of residential and commercial real estate, represented by Protel Management to consumers residing in and outside of Ukraine.

Since our inception we have engaged in the following significant operating activities:





Company set up:



a. Incorporate the company in the state of Nevada
b. Establish an office in Ukraine
c. Open a bank account for the company




Secured initial capital by a contribution from our founder, Chief Executive
Officer and Director. Commenced significant other operational activities, such
as:

a.    Have researched and identified potential clients
b.    Have arranged for and met with various potential clients
c.    Have drafted and began production of various marketing materials



As of the date of this form, we have written agreements for our services with:

Protel Management, LLC and Firm Markus

The services what we contribute to Protel Management include: Manage the property, find the tenants for lease, assist work directly with tenants about make the payments in time, handling maintenance, watch that all equipment's as: elevators, fire and gas alarms, sewerage, phone lines, refrigerators, etc., work properly. If repair is required, then contact with services to fix it. We didn't provide the service in April and May 2020 because we followed "Stay home" mandatory policy issued by Ukrainian government to reduce the spread COVID-19. Below we provide 6 months -to-6 months comparisons:





For the 2nd quarter of 2020   $   600     For the 1st quarter of 2020   $ 1,530

Six months 2020               $ 2,130

For the 2nd quarter of 2019   $ 1,580     For the 1st quarter of 2019   $ 1,590

Six months 2019               $ 3,170

We provide long term rental of construction equipment to firm Markus. This equipment includes:

Scaffoldings and Rafters for outside and inside work. We received $500 in this quarter from firm Markus as a payment for this construction equipment in 2nd quarter 2020. Firm Markus didn't use construction equipment in April and May 2020.

We don't have insurance to cover accidental damage but our agreement with firm Markus obligates them to pay the collateral value of $25,000 in case of total loss. Below we provide 6 months -to-6 months comparisons:

For the 2 nd quarter of 2020 $ 500 For the 1st quarter of 2020 $ 1,000

For the six months 2020 $ 1,500

For the 2 nd quarter of 2019 $ 1,000 For the 1st quarter of 2019 $ 500



For the six months 2019        $ 1,500




                                       9





Liquidity


We don't know about trends or any demands, commitments, events or uncertainties that will result to our liquidity increasing or decreasing in any material way.





Capital resources


We have fixed assets on our balance: Construction equipment net of depreciation $17,500.

Results of Operations for the six months period ended June 30, 2020 and for the six months period ended June 30, 2019

For the six months period ended June 30, 2020 we generated $3,630 in revenues. We generated $2,130 from Protel Management, $1,500 from firm Markus. Our cash balance was $2,248.

For the six months period ended June 30, 2020 we had $18,652 company expenses consist of $11,752 general and administration expense and $3,900 include accrued amount salary for shareholder and $450 payment for office rent. Our loss from operations was $15,022.

For the six months period ended June 30, 2019 we generated $4,670 in revenues. We generated $3,170 from Protel Management and $1,500 from firm Markus. Our cash balance was $1,155.

For the six months period ended June 30, 2019 we had $28,719 company expenses consist of $18,819 general and administration expense and $9,900 include accrued amount salary for shareholder and $450 payment for office rent. Our loss from operations was $24,049

Our cash balances were not sufficient to fund our limited levels of operations for any period of time without further revenue or proceeds. In order to implement our plan of operations in the next twelve months, we need to raise at least $30,000 in addition to the costs of becoming a reporting company. Being a development stage company, we have a limited operating history but have meaningfully commenced business operations based upon the amount of revenue we have been able to generate.

At the present time, we have not made any arrangements to raise additional cash. If we unable to raise additional cash, we will either have to suspend operations until we do raise the cash, or cease operations entirely.

During start up period, our operations will be limited due to the limited amount of funds on hand. Our specific goal is to profitably market and rent our construction equipment and sell related property management and property rehabilitation services.

Liquidity and Capital Resources at June 30, 2020





Cash                                         $  2,248

Total liabilities and stockholders' equity $ 19,748






Going Concern Consideration


While management of the Company believes that the Company will be successful in its planned operating activities, there can be no assurance that the Company will be successful in the development this business or services that will generate sufficient revenues to earn a profit and sustain the operations of the Company. The accompanying financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America, which contemplate continuation of the Company as a going concern. The Company has incurred an operating expense since inception, had small working capital as of June 30, 2020 and the cash resources of the Company were insufficient to meet its planned business objectives. These factors raise substantial doubt about the Company's ability to continue as a going concern. The accompanying financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classification of liabilities that may result from the possible inability of the Company to continue as a going concern.

Liquidity and Capital Resources

As of June 30, 2020, and June 30, 2019 we had cash of $2,248 and $1,155 respectively. We have fixed assets on our balance Construction Equipment net of depreciation total 17,500, Scaffolding and Rafters.

Off Balance Sheet Arrangements

None

© Edgar Online, source Glimpses