Golden Ally LifeTech Group Inc (AQPW)

[ToucanYoucan]

$AQPW - Thanks for the information GreenOwner. I looked at the 3/31/23 Balance Sheet and it shows no Intangible Assets (Patents), no work-in-process and no property. It also shows only $1,600 of Research and Development expense on the Income Statement. At first I was alarmed by this - It seems like they are not developing a product. However, after reading further, it appears the product is coming from Taucoin Asset Management, LLC.

I hate to sound lazy and ignorant, but how much to you know about Taucoin Asset Management, LLC?

FROM THE 3/31/23 Financial Statement:
Overview

Golden Ally is a developmental stage company that is currently implementing its business plan, which is to be a start-up focused on a unique product offering. Our activities to date have focused on the development and exploration of water filtration technology and consumer products with AQP Bottled Water. We have been working with field experts and research institutions to apply and explore the ability to enhance water filtration for improved body cell absorption in commercialized water products. During the quarter ended March 31, 2023, the Company continued taking steps to implement its business plan, including taking actions under various agreements related to the production, marketing and distribution of its products, including under a Supplier Agreement with Taucoin Asset Management, LLC and a Strategic Alliance Agreement with Taucoin Asset Management, LLC.