Annual Report (10-k) highlights
As of March 28, 2022, there were 30,000,000 shares outstanding of the registrant’s common stock.
NHLE Inc. is a blank check company and has no operations. Our business plan includes acquisitions of operating companies. In summary, NHLE is focused on raising capital for its business plan. As of this filing, we have not raised any capital and our business is not yet operational.
Results of Operations for NHLE Inc. —Comparison of the Years ended December 31, 2021 and 2020
Revenue We had no revenues from operations during either 2021 or 2020.
General and Administrative Expense General and Administrative Expenses were Nil for the year ended December 31, 2021 compared to Nil for the year ended December 31, 2020, an increase of $0.
Stock compensation expense During the year ended December 31, 2021, we incurred Nil on non-cash stock compensation expense from the issuance of common stock for payment of debt on behalf of the company. There was no stock issued for services or debt payment in the prior year.
Net Loss We had a net loss of $370,950 for the year ended December 31, 2021, compared to a net loss of $280,950 for the year ended December 31, 2020.
Bridgeview Capital Partners, LLC is controlled by Michael Dobbs and Sean Lanci.
Bridgeview Capital Partners, LLC entered into a Stock Purchase Agreement with Yang Chong Yi whereby Yang Chong Yi purchased 500,000 shares of Convertible Series A Preferred Stock. Michael Dobbs resigned as sole officer and director and appointed Yang Chong Yi as its CEO, Treasurer, Secretary, and Director of the Company.
We are currently a shell company, as defined in Rule 405 under the Securities Act of 1933, as amended (the “Securities Act”), and Rule 12b-2.
(b) Business of Issuer
Nhale Inc. is a developmental stage company, incorporated under the laws of the State of Nevada on June 18, 2012. Our plan of business has not been implemented but will incorporate the implementation of carbon footprint neutrality and purification through artificial intelligence and emission reduction. Our target market will be both business and residential and include government agencies, schools, hospitals, health clubs, and family residences.
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