CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

Statements made in this Quarterly Report which are not purely historical are forward-looking statements with respect to the goals, plan objectives, intentions, expectations, financial condition, results of operations, future performance and our business, including, without limitation, (i) our ability to raise capital, and (ii) statements preceded by, followed by or that include the words "may," "would," "could," "should," "expects," "projects," "anticipates," "believes," "estimates," "plans," "intends," "targets" or similar expressions.

Forward-looking statements involve inherent risks and uncertainties, and important factors (many of which are beyond our control) that could cause actual results to differ materially from those set forth in the forward-looking statements, including the following, general economic or industry conditions, nationally and/or in the communities in which we may conduct business, changes in the interest rate environment, legislation or regulatory requirements, conditions of the securities markets, our ability to raise capital, changes in accounting principles, policies or guidelines, financial or political instability, acts of war or terrorism, other economic, competitive, governmental, regulatory and technical factors affecting our current or potential business and related matters.

Accordingly, results achieved may differ materially from expected results in these statements. Forward-looking statements speak only as of the date they are made. We do not undertake, and specifically disclaim, any obligation to update any forward-looking statements to reflect events or circumstances occurring after the date of such statements.

Plan of Operation

As disclosed elsewhere in this report, on May 23, 2022, the Company acquired Pedro's List U.S. L.L.C. ("Pedro's List, LLC") in a reverse acquisition transaction. Item 2.01(f) of Form 8-K states that if the registrant was a shell company, as we were immediately before the reverse acquisition transaction disclosed under Item 2.01, then the registrant must disclose the information that would be required if the registrant were filing a general form for registration of securities on Form 10, which was done in the Form 8-K.

Our plan of operation for the next 12 months is to: (i) enter into the business as described below, and (ii) seek to raise additional equity funding. During the next 12 months, our minimum cash requirements include expenses to; the payment of our SEC reporting filing expenses, including associated legal and accounting fees; and costs incident to maintaining our good standing as a corporation in our state of organization. We anticipate that we will need to raise additional equity funds to successfully commence and operate Pedro's List operations, as described below. We have no commitments to raise any additional funds at the present time, and we can offer no assurance that we will be able to raise additional funds on terms acceptable to the Company.

Business

Pedro's List LLC's main business operations is connecting homeowners and consumers with service professionals for home repair, maintenance and improvement projects. Pedro's List provides the technology tools and resources to allow homeowners to find local pre-screened, customer reviewed service professionals and instantly book appointments online or through the mobile application. Pedro's list also provides consumers with other home-related services resources. The concept of consumers writing reviews based on experience to assist others in the determination of their choices, is a proven business model we have implemented in the build a robust technology application to facilitate these transactions. An experienced team has been assembled to implement the plan to offer these services to consumers in a better way and significantly benefit service providers.





Corporate History

Pedro's List, LLC was founded in 2018.



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Nature of Operations

Pedro's List, LLC is a technology company that helps consumers find reputable service providers for home-related services. A list of these services include over 600 different types of home-related repair services like plumbing, painting, electrical, etc. The technology that brings consumers with customer reviewed service providers and facilitates these transactions has been extensively tested for a variety of functions. One is functionality. The ability to service the consumers with a number of complex scenarios has been positively evaluated from several experienced sources. The second is security. The technology has the same high-level security protocols as many other financial services companies currently use. The third is scalability. Scalability has been repeatedly tested and third-party tested as well. We are launching in Cabo San Lucas, which has a total population of around 120,000 people. We plan to launch in a smaller market to determine any possible challenges, learn from our customers and determine the most effective processes. We then plan to launch in Mexico City. The company will have revenue from service providers, advertising and consumers. A percentage of the total cost of a job is charged for referring consumers the business to service providers. Several types of a subscription-based fee to service providers, multiple levels of advertising on the website and the app and after the initial free download of the app, different levels and options are available to consumers.





Results of Operations

Our revenues for the three months ended July 31, 2022 and 2021 were $0 for both periods, respectively. Our revenues for the nine months ended July 31, 2022 and 2021 were $0 for both periods, respectively. Our cost of goods sold for the three and nine months ended July 31, 2022 and 2021 was $0, resulting in gross profit of $0 for both periods, respectively. Our operating expenses for the three months ended July 31, 2022 and 2021 were $41,571 and $(4,234) resulting in a net operating loss (gain) of $41,571 and $(4,234), respectively. Our operating expenses for the nine months ended July 31, 2022 and 2021 were $92,526 and $24,432 resulting in a net operating loss of $92,526 and $24,432, respectively. The Company had $597,853 in other expenses for the three months ended July 31, 2022 and $16 in other expense during the three months ended July 31, 2021. This results in a net loss (gain) for the three months ended July 31, 2022 and 2021 in the amounts of $639,424 and $(4,218), respectively. The Company had a net loss for the nine months ended July 31, 2022 and 2021 of $690,379 and $24,464, respectively.





Liquidity

We had $126 in cash and $6,000 in Note Receivable and $297,371 in current liabilities as of July 31, 2022.

We do not believe that our cash balance is sufficient to fund our limited levels of operations beyond one year's time unless additional revenues are generated or unless we borrow additional funds.

Plan of Operation for the next 12 months

Our cash balance is $126 as of July 31, 2022.

Over the next twelve months we plan to launch our app and expand our business operations. These are estimates based on our projections and could materially differ from actual expenses that we will incur.

We anticipate that we will incur the following operating expenses over the upcoming 12 months to implement the business acquired:

Estimated Funding Required During the Next 12 Months Expense

                                     Amount ($)

Intellectual Property Registrations $ 10,000 Marketing

                                    3,725,000
Payroll                                      3,863,630
Research and Development                       575,000
Consulting and Management Fees                 245,000
Professional Fees                              500,000
Rent                                           600,000
Travel                                         260,000
Other General Administrative Expenses        1,042,000
Total                                     $ 10,820,630




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We will continue to analyze and evaluate opportunities to acquire strategic businesses or product lines with the potential to strengthen our industry position or enhance our existing products and services. Our strategy is to raise sufficient capital to launch the app. Even if we do, such investments may involve significant expenditures, debt incurrence, operating losses and expenses that could have a material adverse effect on our business, financial condition, results of operations and cash flows.

We do not anticipate the purchase significant equipment during the next twelve months.

Our independent registered public accountant has issued a going concern opinion. This means that there is substantial doubt that we can continue as an on-going business for the next twelve months unless we generate additional revenue sufficient to maintain operations or obtain additional capital to pay our bills. There is no assurance we will ever reach that stage.

See our Plan of Operation above for information about our cash requirements for the next twelve months.





Capital Resources

The cash flows used in operating activities for the nine months ended July 31, 2022 consisted of the following: an increase in net loss from $24,464 during the nine months ended July 31, 2021 to $690,379 for the nine months ended July 31, 2022. Adjustments to reconcile net loss to net cash used in operating activities for the nine months ended July 31, 2022 consisted of $550,000 for impairment loss and $46,783 for bargain loss. Increase in accounts payable and accursed expenses increased from $20,441 during the nine months ended July 31, 2021 to $41,453 for the nine months ended July 31, 2022.

The cash flows from financing activities for the nine months ended July 31, 2022 consisted of an increase of notes payable in the amount of $52,269, for total net cash provided from financing activities in the amount of $52,269.

As reflected in the financial statements, the Company has incurred current period losses and has had negative cash flows from operating activities. The Company also incurred losses in prior periods. These conditions, among others, raise substantial doubt about the Company's ability to continue as a going concern. We intend to fund future operations for the next twelve months through raising funds from debt and/or equity offerings. Currently, we cannot provide assurance that such financing will be available to us on favorable terms, or at all. If, after utilizing the existing sources of capital available to us, further capital needs are identified and if we are not successful in obtaining the required financing, we may be forced to curtail our existing or planned future operations. We believe our plans will enable us to continue our current operations for in excess of one year from the issuance date of this Annual Report. However, those plans are dependent upon obtaining additional capital until cash flows from operations generated are sufficient to fund operations.

Emerging Growth Company Critical Accounting Policy Disclosure

The Company qualifies as an "emerging growth company" under the 2012 JOBS Act. Section 107 of the JOBS Act provides that an emerging growth company can take advantage of the extended transition period provided in Section 7(a)(2)(B) of the Securities Act for complying with new or revised accounting standards. As an emerging grown company, the Company can delay the adoption of certain accounting standards until those standards would otherwise apply to private companies. The Company may elect to take advantage of the benefits of this extended transition period in the future.

Off-Balance Sheet Arrangements

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 is material to investors.

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