The float has not been updated since 2018 when this newest scam was hatched.
$1300 in wash trades.
A pathetic Reg A that did not even cover expenses.
Regulation A+ Financing
On February 25, 2019, the Company’s Regulation A was qualified by the SEC (File number 024-10875) with gross proceeds of $145,000 raised through the sale of common stock.
Our loss from operations over the period covered by this semi-annual report was ($251,917), a 22% increase from loss from operations of ($205,923) in the same period of 2018.
The Company’s operating expenses consist of research and development, technology, professional services, and general & administrative costs. Operating expenses for the six months ending August 31, 2019 were $143,775 compared with $101,457 over the six-month period ending August 31, 2018.
The accompanying financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and the liquidation of liabilities in the normal course of business. As of August 31, 2019, the Company has a loss from operations, an accumulated deficit, no revenue, and a working capital deficiency. The Company intends to fund operations through equity financing arrangements, which may be insufficient to fund its capital expenditures, working capital and other cash requirements for the year ended February 29, 2020.
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