The following discussion should be read in conjunction with our consolidated financial statements, including the notes thereto, appearing elsewhere in this annual report. The following discussion contains forward-looking statements that reflect our plans, estimates and beliefs. Our actual results could differ materially from those discussed in the forward looking statements. Factors that could cause or contribute to such differences include, but are not limited to those discussed below and elsewhere in this Annual Report. Our audited consolidated financial statements are stated in United States Dollars and are prepared in accordance with United States Generally Accepted Accounting Principles.





Results of Operations

The following summary of our operations should be read in conjunction with our audited financial statements for the year ended September 30, 2021 and 2020.

We have not earned any revenues from our inception through September 30, 2021.

Year ended September 30, 2021 compared to year ended September 30, 2020





                                Year Ended
                               September 30,                Changes
                            2021          2020         Amount         %

Operating expenses $ (43,632 ) $ (21,844 ) $ (21,788 ) 100 % Other income (expenses) 29,832

             -        29,832        100 %
Net Income (Loss)         $ (13,800 )   $ (21,844 )   $   8,044      (37%)

Our net loss for the year ended September 30, 2021 was $13,800 compared with $21,844 for the year ended September 30, 2020 due to the increase in other income. During the year ended September 30, 2021, we recognized gain on extinguishment of debt from the forgiveness of loans from the former director of the Company of $29,832 upon his resignation on March 31, 2021.





Liquidity and Capital



Working Capital



                                  As of               As of
                              September 30,       September 30,            Changes
                                  2021                2020            Amount         %

Current Assets               $             -     $        20,745     $ (20,745 )    (100 %)

Current Liabilities $ 19,887 $ 26,832 $ (6,945 ) (26 %) Working Capital Deficiency $ (19,887 ) $ (6,087 ) $ (13,800 ) 227 %

As at September 30, 2021, our Company did not have any current assets. As at September 30, 2020, our company had total current assets of $20,745 fund held in the escrow account.

As at September 30, 2021, our company had total current liabilities of $19,887 comprising of accounts payable and accrued liabilities of $5,952 and director loan of $13,935. As at September 30, 2020, our company had total current liabilities of $26,832, of which included accounts payable from the former director's accrued consulting fees of $16,000 and former director loan of $10,832.






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As at September 30, 2021, our company had a working capital deficiency of $19,887 compared with $6,087 as at September 30, 2020. The increase in working capital deficit was mainly due to the forgiveness of the loans from the former director of $29,832 and decrease in funds in escrow account of $20,745.





Cash Flows



                                                Year Ended
                                               September 30,                  Changes
                                            2021          2020         Amount           %

Cash flows used in operating activities $ (34,680 ) $ (14,344 ) $ (20,336 ) 142 % Cash flows provided by financing

                                                          (60
activities                                   13,935        35,089       (21,154 )             %)
Net changes in cash                       $ (20,745 )   $  20,745     $ (41,490 )        (200 %)

Cash Flow from Operating Activities

We have not generated positive cash flow from operating activities. During the year ended September 30, 2021, net cash used in operating activities was $34,680 compared to $14,344 used during the year ended September 30, 2020. Cash flows used in operating activities during the year ended September 30, 2021comprised of a net loss of $13,800, which was increased by gain on extinguishment of debt of $29,832 and was reduced by an increase in accounts payable and accrued liabilities of $5,952 and accounts payable to related party of $3,000. Cash flows used in operating activities during the year ended September 30, 2020 comprised of a net loss from of $21,844 which was increased by a decrease in accrued expense of $4,500 and was reduced by an increase in accounts payable and accrued liabilities of $12,000.

Cash Flow from Investing Activities

During the year ended September 30, 2021 and 2020, our Company did not have any investing activities.

Cash Flow from Financing Activities

During the year ended September 30, 2021, net cash provided by financing activities was $13,935 from advancement from the director compared to $35,089 comprised of $26,480 from issuance of common stock and $8,609 from advancement from the director during the year ended September 30, 2020.

Plan of Operation and Funding

We expect that working capital requirements will continue to be funded through a combination of our existing funds and further issuances of securities. Our working capital requirements are expected to increase in line with the growth of our business.






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Existing working capital, further advances and debt instruments, and anticipated cash flow are expected to be adequate to fund our operations over the next three months. We have no lines of credit or other bank financing arrangements. Generally, we have financed operations to date through the proceeds of the private placement of equity and debt instruments. In connection with our business plan, management anticipates additional increases in operating expenses and capital expenditures relating to: (i) acquisition of inventory; (ii) developmental expenses associated with a start-up business; and (iii) marketing expenses. We intend to finance these expenses with further issuances of securities, and debt issuances. Thereafter, we expect we will need to raise additional capital and generate revenues to meet long-term operating requirements. Additional issuances of equity or convertible debt securities will result in dilution to our current shareholders. Further, such securities might have rights, preferences or privileges senior to our common stock. Additional financing may not be available upon acceptable terms, or at all. If adequate funds are not available or are not available on acceptable terms, we may not be able to take advantage of prospective new business endeavours or opportunities, which could significantly and materially restrict our business operations. We will have to raise additional funds in the next twelve months in order to sustain and expand our operations. We currently do not have a specific plan of how we will obtain such funding; however, we anticipate that additional funding will be in the form of equity financing from the sale of our common stock. We have and will continue to seek to obtain short-term loans from our directors, although no future arrangement for additional loans has been made. We do not have any agreements with our directors concerning these loans. We do not have any arrangements in place for any future equity financing.

Off-Balance Sheet Arrangements

As of the date of this Annual Report, 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, capital expenditures or capital resources that are material to investors.





Going Concern

The independent auditors' review report accompanying our September 30, 2021 financial statements contained an explanatory paragraph expressing substantial doubt about our ability to continue as a going concern. The financial statements have been prepared "assuming that we will continue as a going concern," which contemplates that we will realize our assets and satisfy our liabilities and commitments in the ordinary course of business.





Contractual Obligations

As a "smaller reporting company", we are not required to provide tabular disclosure obligations.

Off-Balance Sheet Arrangements

We have no 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, capital expenditures or capital resources that is material to stockholders.

Recent Accounting Pronouncements

Management has considered all recent accounting pronouncements issued. Our Company's management believes that these recent pronouncements will not have a material effect on our financial statements.

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