Management’s Discussion and Analysis of Financial Condition and Results of Operations
−Removed: The following discussion should be read in conjunction with our financial
−Removed: statements, including the notes thereto, appearing elsewhere in this annual report.
−Removed: The following discussion contains forward-looking
−Removed: statements that reflect our plans, estimates and beliefs.
−Removed: Our actual results could differ materially from those discussed in the forward-looking
−Removed: Our audited financial statements are stated in United States Dollars and are prepared in accordance with United States Generally
−Removed: Accepted Accounting Principles.
+Added: The following discussion should be read in conjunction
+Added: with our financial statements, including the notes thereto, appearing elsewhere in this annual report.
+Added: The following discussion contains
+Added: forward-looking statements that reflect our plans, estimates and beliefs.
+Added: Our actual results could differ materially from those discussed
+Added: in the forward-looking statements.
+Added: Our audited financial statements are stated in United States Dollars and are prepared in accordance
+Added: with United States Generally Accepted Accounting Principles.
Results of Operations
−Removed: For the period ended March 31, 2026, the Company reported:
+Added: For the period ended June 30, 2026, the Company reported:
Net loss of $27,702 (2025:
2 unchanged sentences
Liquidity and Capital Resources
−Removed: As of March 31, 2026:
+Added: As of June 30, 2026:
Working capital deficit:
−Removed: The Company has funded operations primarily through convertible notes
−Removed: and equity issuances.
+Added: The Company has funded operations primarily through
+Added: convertible notes and equity issuances.
Going Concern
−Removed: The Company has incurred recurring losses and has limited cash resources.
+Added: The Company has incurred recurring losses and
+Added: has limited cash resources.
These factors raise substantial doubt about its ability to continue as a going concern.
Segment Reporting
−Removed: The company operates as a single operating and reportable segment.
−Removed: Operating segments are defined as components of an enterprise for which separate financial information is available and regularly reviewed
−Removed: by the chief operating decision maker (“CODM”) in allocating resources and assessing performance.
−Removed: The Company’s chief
−Removed: operating decision maker, its Chief Executive Officer, evaluates the Company’s performance and allocates resources on a consolidated
−Removed: Accordingly, the Company has determined that it operates in a single operating and reportable segment, and therefore, all required
−Removed: financial segment information is presented in the financial statements.
+Added: The company operates as a single operating and
+Added: reportable segment.
+Added: Operating segments are defined as components of an enterprise for which separate financial information is available
+Added: and regularly reviewed by the chief operating decision maker (“CODM”) in allocating resources and assessing performance.
+Added: Company’s chief operating decision maker, its Chief Executive Officer, evaluates the Company’s performance and allocates resources
+Added: on a consolidated basis.
+Added: Accordingly, the Company has determined that it operates in a single operating and reportable segment, and therefore,
+Added: all required financial segment information is presented in the financial statements.
Quantitative and Qualitative Disclosures About Market Risk
1 unchanged sentence
However, it may be subject to interest rate risk related to outstanding debt.
−Removed: Controls and Procedures
−Removed: Management evaluated the effectiveness of the Company’s
−Removed: disclosure controls and procedures as of March 31, 2026 and concluded that they were effective.
−Removed: Due to the Company’s size, internal controls over financial reporting
−Removed: may not be as comprehensive as those of larger public companies.
−Removed: PART II – OTHER INFORMATION
−Removed: LEGAL PROCEEDINGS
−Removed: As of the period ending March 31, 2026, the Company
−Removed: was not involved in any legal proceedings.
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.