FORWARD-LOOKING STATEMENTS

This document contains "forward-looking statements". All statements other than statements of historical fact are "forward-looking statements" for purposes of federal and state securities laws, including, but not limited to, any projections of earnings, revenue or other financial items; any statements of the plans, strategies and objections of management for future operations; any statements concerning proposed new services or developments; any statements regarding future economic conditions or performance; any statements or belief; and any statements of assumptions underlying any of the foregoing.

Forward-looking statements may include the words "may," "could," "estimate," "intend," "continue," "believe," "expect" or "anticipate" or other similar words. These forward-looking statements present our estimates and assumptions only as of the date of this report. Except for our ongoing securities laws, we do not intend, and undertake no obligation, to update any forward-looking statement.

Although we believe that the expectations reflected in any of our forward- looking statements are reasonable, actual results could differ materially from those projected or assumed in any or our forward-looking statements. Our future financial condition and results of operations, as well as any forward-looking statements, are subject to change and inherent risks and uncertainties. The factors impacting these risks and uncertainties include, but are not limited to:





  · Our results are vulnerable to economic conditions;




  · Our ability to raise adequate working capital;




  · Loss of customers or sales weakness;




  · Inability to achieve sales levels or other operating results;




  · The unavailability of funds for expansion purposes;




  · Operational inefficiencies;




  · Increased competitive pressures from existing competitors and new entrants.




Trends and Uncertainties

Our business is subject to the following trends and uncertainties:





  · Whether our system will be adaptable to US needs




  · Whether we will develop interest in our software system in the US




  · The level of activity of credit facilities and their need for our software


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Covid-19

The Covid-19 Pandemic has
and continues to have a
material impact upon our
business and results of
operations, as follows:

  COVID-19 RELATED RISKS

The outbreak of the
coronavirus may negatively
impact sourcing and
manufacturing of our
products that we sell as
well as consumer spending,
which could adversely
affect our business,
results of operations and
financial condition.

In December 2019, a novel
strain of coronavirus was
reported to have surfaced
in Wuhan, China, which has
and is continuing to
spread throughout China
and other parts of the
world, including the
United States. On January
30, 2020, the World Health
Organization declared the
outbreak of the
coronavirus disease
(COVID-19) a "Public
Health Emergency of
International Concern." On
January 31, 2020, U.S.
Health and Human Services
Secretary Alex M. Azar II
declared a public health
emergency for the United
States to aid the U.S.
healthcare community in
responding to COVID-19,
and on March 11, 2020 the
World Health Organization
characterized the outbreak
as a "pandemic". The
significant outbreak of
COVID-19 has resulted in a
widespread health crisis
that could adversely
affect the economies and
financial markets
worldwide, and could
adversely affect our
business, results of
operations and financial
condition.

The outbreak of the
COVID-19 may adversely
affect our supply chain.

The worldwide outbreak of
corona virus could
adversely affect our
business, results of
operations and financial
condition. The coronavirus
outbreak may materially
impact sourcing and
manufacturing of our
products in other
countries and materials
for our products that are
sourced in other countries
by overseas manufacturers
and in other affected
regions. Travel within and
into other overseas
countries may be
restricted, which may
impact our manufacturers'
ability to obtain
necessary materials and
inhibit travel of
manufacturers and material
suppliers. Additionally,
there are potential
factory closures,
inability to obtain
materials, disruptions in
the supply chain and
potential disruption of
transportation of goods
produced other countries
adversely impacted by the
coronavirus outbreak, or
threat or perceived threat
of such outbreak. As a
result, these conditions
could adversely affect our
business, results of
operations and financial
condition.

The outbreak of the
COVID-19 may adversely
affect our customers.

Further, such risks as
described above could also
adversely affect our
customers' financial
condition, resulting in
reduced consumer spending
for our products and
services we sell. Risks
related to an epidemic,
pandemic, or other health
crisis, such as COVID-19,
could also lead to the
complete or partial
closure of one or more of
our facilities or
operations of our sourcing
partners. The ultimate
extent of the impact of
any epidemic, pandemic or
other health crisis on our
business, financial
condition and results of
operations will depend on
future developments, which
are highly uncertain and
cannot be predicted,
including new information
that may emerge concerning
the severity of such
epidemic, pandemic or
other health crisis and
actions taken to contain
or prevent their further
spread, among others.
These and other potential
impacts of an epidemic,
pandemic, or other health
crisis, such as COVID-19,
could therefore materially
and adversely affect our
business, financial
condition, and results of
operations.

Results of Operations: For the 3 months ended November 30, 2020 and November 30, 2019





Revenues

Our revenues for the 3-month period ended November 30, 2020 and 2019 were $289,662 and $340,589, respectively, reflecting decreased revenues of $50,927. The $50,927 of decreased revenues is primarily attributable to the impact that the Covid19 pandemic had on the economy and the reduction of transactional revenue as a result.



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Net Loss/Profit

We had a net loss of $(15,918) and a net profit of $20,058 for the 3-months ended November 30, 2020 and 2019, respectively, reflecting a decrease of $35,976, which is primarily attributable to a decrease in revenue, due to the impact that the Covid19 pandemic had on the economy and the reduction of transactional revenue as a result. .





Operating Expenses

We incurred total operating expenses of $235,059 and $232,318, respectively, for the 3-month period ended November 30, 2020 and 2019, reflecting a $2,741 increase of total operating expenses for the 3 months ended November 30, 2020, which is attributable to a $3,005 increase in general administration expenses pertaining to our US operations.

Results of Operations: For the 9 months ended November 30, 2020 and November 30, 2019





Revenues

Our revenues for the 9-month period ended November 30, 2020 and 2019 were $733,640 and $1,021,436 respectively, reflecting decreased revenues of $287,796, which is primarily attributable to the impact that the Covid19 pandemic had on the economy and the corresponding reduction of transactional revenues.t.





Net Loss

We had a comprehensive .net loss of $(133,368) and a comprehensive net profit of $29,578 for the 9-months ended November 30, 2020 and 2019, respectively, reflecting a $162,946 decrease in our earnings, which is primarily attributable to a decrease in revenues, due to the impact that the Covid19 pandemic had on the economy and the corresponding reduction of transactional revenues.





Operating Expenses

We incurred total operating expenses of $660,792 and $735,278, respectively, for the 9-month period ended November 30, 2020 and November 30, 2019, reflecting a $74,486 decrease for the 9 months ended November 30, 2019, which is primarily attributable to reduced cost of sales due to less transactions being processed as a result of the Covid19 pandemic

Liquidity and Capital Resources

We had working capital of $(4,690) at November 30, 2020 and working capital of $39,440 at our fiscal year ended February 28, 2020, representing a decrease of $44,130 in working capital.

Our net cash used in operating activities was $2,586 for the 9 months ended November 30, 2020 compared to $(363,162) for the 9 months ended November 30, 2019, representing a decreased cash used in operating activities of $365,748 cash flows used in operating activities.

Our net cash used in investing activities were $(23,420) and $(730), respectively, for the nine months ended November 30, 2020 and 2019, reflecting an increase in net cash used in investing activities of $22,690.

Our net cash provided by financing activities was $94,244 for the 9-month period ended November 30, 2020 compared to $3,741 for the nine months ended November 30, 2019, reflecting a $90,503 increase in financing activities.

Off-Balance sheet arrangements





None.

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