Breakthrough Chemistry Inc (BKTH)

[srm4u]

Breakthrough Chemistry Inc.
(Formerly: Megola, Inc.)
Notes to Unaudited Financial Statements
for the Six Months ended September 30, 2025 and 2024
NOTE 2 – GOING CONCERN
The Company has $415 cash on hand, product inventory valued at $40,845 and prepaid expenses of $35,833 for total
current assets of $77,093 and current liabilities of $396,497 on September 30, 2025, and we have incurred operating
losses to date. While sales have commenced with respect to acquired inventory and product licenses, funds generated
from these sales were not sufficient to pay debt and fund ongoing operations.
The Company’s operations have been funded to date by management and shareholders, save for the acquisition costs
to purchase certain assets, licensing and intellectual property rights which were partially funded from the sales of
acquired product inventory and through the issuance of shares of the Company’s preferred stock. The Company
expects this funding to continue until such time as it can acquire a profitable operating business or undertake a
financing. There can be no assurance that the Company will continue to receive this funding from management or
shareholders, will be able to generate sufficient revenue from sales of products or that the funding received or
generated will be sufficient to pay for its ongoing operations. Management’s plans for the continuation of the Company
as a going concern includes successful operation of its recently acquired assets in order to attain profitable operations,
the development of a commercially viable business, and financing of the Company’s operations through sale of its
common stock, as well as shareholder and management advances until such time as it has established profitable
operations.
https://www.otcmarkets.com/file/company/financial-report/509339/content
https://www.otcmarkets.com/stock/BKTH/disclosure