The following discussion should be read in conjunction with our audited financial statements and notes thereto included herein. In connection with, and because we desire to take advantage of, the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, we caution readers regarding certain forward-looking statements in the following discussion and elsewhere in this report and in any other statement made by, or on our behalf, whether or not in future filings with the Securities and Exchange Commission. Forward-looking statements are statements not based on historical information and which relate to future operations, strategies, financial results or other developments. Forward looking statements are necessarily based upon estimates and assumptions that are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond our control and many of which, with respect to future business decisions, are subject to change. These uncertainties and contingencies can affect actual results and could cause actual results to differ materially from those expressed in any forward-looking statements made by, or our behalf. We disclaim any obligation to update forward-looking statements.





Results of Operations



Sales

From last quarter of the fiscal year ended February 28, 2018, we started to promote and sell our new cosmetic products in the United States market. We purchase the Acropass Products and other Products from an affiliated company in China. We recognized $36,997 and $53,143 revenues during the fiscal years ended February 29, 2020 and February 28, 2019 respectively.





Advertising expense

To promote our new cosmetics products, Acropass series, in the United States market, we entered a contract with a third party to run a marketing campaign and manage the sales of the products. We incurred a total of $85 and $1,599 in marketing expenses for the year ended February 29, 2020 and February 28, 2019 respectively.






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Cost and operating expense

The major components of our expenses for the fiscal years ended February 29, 2020 and February 28, 2019 are outlined in the table below:





                                     Year Ended       Year Ended
                                      Feb 29,          Feb 28,
                                        2020             2019

Cost goods sold                           12,794           32,092
Selling expense                           12,108           31,671
Officer compensation                      18,000          235,125
Amortization expense                           -            3,473
Transfer agent                             7,225            6,125
Edgar filing fees                          2,909            3,540
OTC Filing fees                           12,000           10,500
Office expense                             1,273            1,598
Legal fees                                 2,982            2,739
Accounting fees                           42,800           39,500
Travel expense                             1,054            1,280
Campaign marketing expense                     -            1,599

Total cost and operating expenses 113,145 369,242

Our cost and operating expenses decreased $256,097 for the year ended February 29, 2020, compared to the fiscal year ended February 28, 2019. The decrease was mainly due to $217,125 decrease in officer compensation. We have also incurred a decrease expense of $19,563 related to selling expenses and a decrease expense of $19,298 in cost goods sold in 2020, compared to the fiscal year ended February 28, 2019.





Other Expenses

Other expenses decreased to $ Nil for the year ended February 29, 2020 and February 28, 2019 respectively.





Net Loss

During the years ended February 29, 2020 and 2019, the Company realized a net loss of $76,148 and $316,099, respectively.

Liquidity and Capital Resources





                              As of             As of
                          February 29,       February 28,
Working Capital               2020               2019

Current Assets            $      29,030     $       28,687
Current Liabilities       $   1,081,786     $    1,023,295
Working Capital Deficit   $  (1,052,756 )   $     (994,608 )

The increase in the Company's working capital deficit between the fiscal years ended February 29, 2020 and 2019 was mainly due to the increase of total $46,339 due to the CEO.






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Cash Flows



The table below, for the periods indicated, provides selected cash flow
information:



                                          Year Ended         Year Ended
                                         February 29,       February 28,
                                             2020               2019

Cash used in operating activities $ (47,827 ) $ (48,700 ) Cash used in investing activities $

            -     $            -

Cash provided by financing activities $ 46,339 $ 52,778 Net increase (decrease) in cash $ (1,488 ) $ 4,078

Cash Flows from Operating Activities

During the fiscal year ended February 29, 2020, we used $47,827 in operating activities compared to $48,700 during the fiscal year ended February 28, 2019, the decrease is mainly due to $1,599 decrease of campaign marketing expense.

During the fiscal year ended February 29, 2020, we incurred a net loss of $76,148, compare to a net loss of $316,099 during the fiscal year ended February 28, 2019, the decrease is mainly due to $217,125 decrease of officer compensation.

Cash Flows from Investing Activities

We did not spend funds in investing activities during the year ended February 29, 2020 and February 28, 2019.

Cash Flows from Financing Activities

During the year ended February 29, 2020, we generated $46,339 in financing activities compared to $52,778 during the year ended February 28, 2019, the decrease is due to proceed decrease from the CEO.





Going Concern

The audit report of the Company's independent registered accounting firm includes a matter of emphasis related to our ability to continue as a going concern.

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 are material to stockholders.

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