This section of this quarterly report includes a number of forward-looking statements that reflect our current views with respect to future events and financial performance. Forward-looking statements are often identified by words like: believe, expect, estimate, anticipate, intend, project and similar expressions, or words which, by their nature, refer to future events. You should not place undue certainty on these forward-looking statements, which apply only as of the date of this report. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or our predictions.





Plan of Operation

We are a start-up, oil and gas exploration stage corporation and distributor of oil field equipment. We have not yet generated or realized any revenues from our business operations. We do not own any interest in any oil and gas leases or properties. An exploration stage corporation is one engaged in the search for oil and gas reserves which are not in either the development or production stage.





Results of Operations

We have not yet recognized any revenue as of July 31, 2020.

For the three months ended July 31, 2020 our net loss was $6,942 compared to $478 for the three months ended July 31, 2019. During the current period we incurred $5,510 for audit, accounting and filing expense and $1,432 of interest expense. Our only expense in the prior period was for interest expense on a past due payable.

Liquidity and Capital Resources

As of July 31, 2020, we have no available cash, liabilities of $107,307 and an accumulated deficit of $125,640. During the three months ended July 31, 2020 we used $5,510 of cash in operations and received $5,510 from our CEO to pay for operating expenses.

Our sole officer and director is willing to advance funds to us on an as needed basis until such time as we can sustain our operations without his assistance. At the present time, we have not made any arrangements to raise additional cash, other than through as described herein. If we need additional cash and can't raise it, or Mr. Nagy will not advance the same, we will either have to suspend operations until we do raise the cash or cease operations entirely. Other than as described in this paragraph, we have no other financing plans.

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