The following discussion should be read in conjunction with the information
contained in the condensed financial statements of the Company and the notes
thereto appearing elsewhere herein. As used in this report, the terms
"Company", "we", "our", "us" and "HSTC" refer to
Preliminary Note Regarding Forward-Looking Statements
This quarterly report contains forward-looking statements within the meaning of
the federal securities laws. These include statements about our expectations,
beliefs, intentions or strategies for the future, which we indicate by words or
phrases such as "anticipate," "expect," "intend," "plan," "will," "we believe,"
"HSTC believes," "management believes" and similar language. The forward-looking
statements are based on the current expectations of HSTC and are subject to
certain risks, uncertainties and assumptions, including those set forth in the
discussion under "Management's Discussion and Analysis of Financial Condition
and Results of Operations" in this report. The actual results may differ
materially from results anticipated in these forward-looking statements. We base
the forward-looking statements on information currently available to us, and we
assume no obligation to update them. Investors are also advised to refer to the
information in our filings with the
Critical Accounting Policies and Estimates
Our financial statements and related public financial information are based on
the application of accounting principles generally accepted in
Results of Operations - The Three Months Ended
The Company had no revenues or costs of sales during 2021 or 2020. The Company
realized net loss of
Results of Operations - The Six Months Ended
The Company had no revenues or costs of sales for the six month periods ended
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Liquidity and Capital Resources
Operating Activities.
Our cash balance as of
Financing Activities.
The Company has paid for its operations through proceeds of
The Company does not currently have sufficient capital in its accounts, nor sufficient firm commitments for capital to assure its ability to meet its current obligations or to continue its planned operations. The Company is continuing to pursue working capital and additional revenue through the seeking of the capital it needs to carry on its planned operations. There is no assurance that any of the planned activities will be successful.
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