Strake Inc (SRKE)

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10-Q page 29, for the three and nine months ended April 30, 2020, we generated revenue of $44,307 and 105,682.

For the three and nine months ended April 30, 2020, we incurred a loss from operations of $30,614 and $3,608,782.

Our management does not believe that our current capital resources will be adequate to continue operating our company and maintaining our business strategy for much more than 12 months. At the date hereof, we have minimal cash at hand. We require additional capital to implement our business and fund our operations.

Since inception we have funded our operations primarily through equity financings and we expect that we will continue to fund our operations through the equity and debt financing, either alone or through strategic alliances. Additional funding may not be available on favorable terms, if at all. We intend to continue to fund our business by way of equity or debt financing until natural revenues can support the Company.