19 unchanged sentences
Common stock, $ 0.0001 par value, 75,000,000 shares authorized;
−Removed: 3,632,750 shares issued and outstanding July 31, 2024 and January 31, 2024 respectively;
+Added: 3,632,750 shares issued and outstanding October 31, 2024 and January 31, 2024 respectively;
Additional paid-in-capital
6 unchanged sentences
STATEMENT OF OPERATIONS (Unaudited)
−Removed: July 31, 2024
−Removed: July 31, 2023
−Removed: July 31, 2024
−Removed: July 31, 2023
+Added: October 31, 2024
+Added: October 31, 2023
+Added: October 31, 2024
+Added: October 31, 2023
OPERATING EXPENSES
29 unchanged sentences
Balance, July 31, 2024
+Added: Net loss for the period ending October 31, 2024
+Added: Balance, October 31, 2024
The accompanying notes are an integral part of
2 unchanged sentences
STATEMENT OF CASH FLOWS (Unaudited)
−Removed: July 31, 2024
−Removed: July 31, 2023
+Added: October 31, 2024
+Added: October 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES
18 unchanged sentences
NOTES TO THE UNAUDITED FINANCIAL STATEMENTS
−Removed: SINCE INCEPTION ON JANUARY 10, 2022 TO JULY
−Removed: NOTE 1 – ORGANIZATION AND BASIS OF PRESENTATION
+Added: SINCE INCEPTION ON JANUARY 10, 2022 TO OCTOBER
+Added: NOTE 1 – ORGANIZATION AND BASIS OF
RAPID LINE INC.
11 unchanged sentences
As reflected in the financial statements, the
−Removed: Company had an accumulated deficit from Inception of $ 85,044 at July 31, 2024.
+Added: Company had an accumulated deficit from Inception of $ 87,850 at October 31, 2024.
The Company had net loss of $ 2,806 for the three months
−Removed: ended July 31, 2024.
−Removed: The Company has Promissory Notes on a balance sheet of $ 41,000 at July 31, 2024.
+Added: ended October 31, 2024.
+Added: The Company has Promissory Notes on a balance sheet of $ 41,000 at October 31, 2024.
These factors raise substantial
36 unchanged sentences
based on a consideration specified with a customer and recognized when we satisfy the performance obligation specified with a customer.
−Removed: During the period ended July 31, 2024, we have no t generated any revenue.
+Added: During the period ended October 31, 2024, we have no t generated any
Use of Estimates
15 unchanged sentences
Term of amortization – 60 months ( 5 years).
−Removed: Since Inception to July 31, 2024 the company’s
+Added: Since Inception to October 31, 2024 the company’s
accumulated amortization was $ 10,597 .
2 unchanged sentences
as per contract the company has to pay interest of 10% annually.
−Removed: As of July 31, 2024 the Company’s Interest payable is $ 10,430 .
+Added: As of October 31, 2024 the Company’s Interest payable is $ 11,455 .
Fair Value of Financial Instruments
23 unchanged sentences
shares if their effect is anti-dilutive.
−Removed: As of July 31, 2024, there were no potentially
+Added: As of October 31, 2024, there were no potentially
dilutive debt or equity instruments issued or outstanding.
7 unchanged sentences
NOTE 4 – LOAN FROM DIRECTOR
−Removed: As of July 31, 2024, the Company owed $ 39,444
+Added: As of October 31, 2024, the Company owed $ 42,964
to the Company’s sole director, Wiktor Moroz for the Company’s working capital purposes.
23 unchanged sentences
There were 3,632,750 shares of common stock issued
−Removed: and outstanding as of July 31, 2024.
+Added: and outstanding as of October 31, 2024.
NOTE 6 – COMMITMENTS AND CONTINGENCIES
14 unchanged sentences
Schedule of income tax expense
−Removed: July 31, 2024
+Added: October 31, 2024
Tax benefit (expenses) at U.S.
5 unchanged sentences
Schedule of deferred tax assets
−Removed: July 31, 2024
+Added: October 31, 2024
Net operating loss
14 unchanged sentences
In accordance with ASC 855-10 the Company has
−Removed: analyzed its operations subsequent to July 31, 2024 to the date these financial statements were issued, and has determined that it does
−Removed: not have any material subsequent events to disclose in these financial statements.
+Added: analyzed its operations subsequent to October 31, 2024 to the date these financial statements were issued, and has determined that it
+Added: does not have any material subsequent events to disclose in these financial statements.
The extent of the impact of the coronavirus (“COVID-19”)
5 unchanged sentences
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.