What changed in this filing

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Item 7. Management’s Discussion and Analysis

2024-04-16 compared with 2023-03-15 · 49 added, 44 removed, 2 unchanged (98% of the section changed)

Management's Discussion

and Analysis of Financial Condition and Results of Operations

Results of Operations

for the years ended November 30, 2022 and 2021:

During the years ended November

30, 2022 and 2021 we generated total revenue of $1,000 and $0.

Operating expenses

Total operating expenses

for the years ended November 30, 2022 and 2021 were $67,442 and $17,837.

The operating expenses for the years ended November 30, 2022

and 2021 included Audit Fees of $9,750 and $6,750;

Application Development Expenses of $5,500 and $0;

Bank Service Charges of $0 and $282;

Professional Fees of $2,622 and $805;

Payroll Expenses of $49,000 and $0;

DTC Fees of $0 and $10,000;

Website Expenses of $570 and $0.

Our net loss for the years

Management’s Discussion and Analysis of Financial Condition and Results of Operations

information and financial data discussed below is derived from our financial statements for the fiscal years ended November 30,

2023, and 2022.

The financial statements of the Company were prepared and presented in accordance with generally accepted accounting

principles in the United States.

The information and financial data discussed below is only a summary and was prepared to provide a

historical and narrative discussion of our financial condition and results of operations through the eyes of management and should

be read in conjunction with the historical financial statements and related notes of the Company contained elsewhere in this Form

The financial statements contained elsewhere in this Form 10-K fully represent the Company’s financial condition and

however, they are not indicative of the Company’s future performance.

This discussion contains forward-looking

statements based upon current plans, expectations and beliefs that involve risks and uncertainties.

Our actual results and the

timing of certain events could differ materially from those anticipated in or implied by these forward-looking statements as a

result of several factors, including those discussed in the section captioned “Risk Factors” included under Part I, Item

1A and elsewhere in this Form 10-K.

of Operations for the fiscal years ended November 30, 2023 and 2022:

the fiscal years ended November 30, 2023 and 2022 we generated total revenue of $3,400 and $1,000,

respectively.

the fiscal year ended November 30, 2023, operating expenses were $1,982,836, compared to $67,442 for the year ended November 30,

Operating expenses consist primarily of general and administrative expenses and legal and professional fees incurred in

connection with the operation of our business.

The net increase of $1,915,394 in operating expenses was primarily a result of an

increase in professional fees to implement the change in business as noted in Part I, Item 1 earlier in this document.

Our net loss for the fiscal years

ended November 30, 2023 and 2022 was $1,990,162 and $66,442, respectively.

Liquidity and Capital

Resources and Cash Requirements

As of November 30, 2022,

the Company had cash of $114 ($114 as of November 30, 2021).

and Capital Resources and Cash Requirements

As of November 30, 2023, the

Company had cash of $48,197 and $114 as of November 30, 2022.

Furthermore, the Company had a working capital deficit of

as of November 30, 2021).

During the year ended November

30, 2022, the Company used $13,010 of cash in operating activities due to its net loss $66,442, decrease in Account Payable of $1,143,

increase in Accrued Payroll of $49,000 and decrease in Prepaid Expenses of $5,575.

During the year ended November 30, 2021, the Company

used $35,181 of cash in operating activities due to its net loss $17,837, increase in Account Payable $1,619 and increase in Prepaid Expenses

During the year ended November 30, 2022,

the Company used $21,370 of cash flows in investing activities related to website development.

During the year ended November 30, 2021,

the Company generated $0 of cash flows in investing activities.

During the year ended November

30, 2022, the Company generated $34,380 of cash in financing activities which came from related-party loan.

During the year ended

November 30, 2021, the Company generated $23,983 of cash in financing activities which came from related-party loan of $10,849 and

proceeds from sale of common stock of $13,134.

OFF BALANCE SHEET ARRANGEMENTS

We have no off-balance sheet

arrangements including arrangements that would affect our liquidity, capital resources, market risk support and credit risk support or

other benefits.

and Qualitative Disclosures about Market Risk

Not applicable to smaller

reporting companies.

$1,974,353 and $108,369 as of November 30, 2023 and 2022, respectively.

During the fiscal year ended November

30, 2023, the Company used $1,611,258 of cash in operating activities compared to $13,010 of cash in operating activities during the year

ended November 30, 2022.

The increase in cash used in operating activities were the result of increased general and administrative expenses

and legal and professional fees.

During the fiscal year ended

November 30, 2023, the Company had no cash flows from investing activities.

During the fiscal year ended November 30, 2022, the

Company used $21,370 cash flows in investing activities related to website development.

During the fiscal year ended

November 30, 2023, the Company generated $1,659,341 cash in financing activities which came from related-party loan of $608,319, a

convertible note of $250,000 and proceeds from sale of common stock of

$1,236,022 offset by repurchase of common stock of $435,000.

During the fiscal year ended November 30, 2022, the Company generated $34,380 of cash in financing activities which

came from a related-party loan.

BALANCE SHEET ARRANGEMENTS

have no off-balance sheet arrangements, including arrangements that would affect our liquidity, capital resources, market risk support

and credit risk support or other benefits.

Quantitative and Qualitative Disclosures about Market Risk

required for smaller reporting companies.

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-K

Item 7. Management’s Discussion and Analysis