08/07/2026 | Press release | Distributed by Public on 08/07/2026 12:38
Management's Discussion and Analysis of Financial Condition and Results of Operations
The following discussion should be read in conjunction with the audited financial statements and related notes in the Company's Annual Report on Form 10-K for the year ended December 31, 2025, that is filed on April 24, 2026. The following discussion contains forward-looking statements that reflect our plans, estimates and beliefs. Our actual results could differ materially from those discussed in the forward- looking statements. Factors that could cause or contribute to such differences include, but are not limited to those discussed below and elsewhere in this Report. Our audited financial statements are stated in United States Dollars and are prepared in accordance with United States Generally Accepted Accounting Principles.
BUSINESS OVERVIEW
To June 27, 2022, the Company was developing a new kind of messenger. Guochun's app was intended to be a unique product with high production value and high revenue potential. It was going to be developed and published on both original and licensed IP. As the result of the change in control transaction on June 27, 2022, the Company assigned the software acquired by the Company on March 17, 2022 to Gediminas Knyzelis, the former sole officer and director. As a result of the ownership and management change described above, the Company ceased its former business plans on June 27, 2022, and is keep searching for business opportunities to acquire since then.
As of the issuance date of this filing, no new business acquisition has occurred.
Results of Operations
For the three and six months ended June 30, 2026 and 2025, respectively
During the three months ended June 30, 2026 and 2025, the Company generated zero revenues, respectively. The operating expenses for the same periods were comprised of operating expenses of $8,894 and $11,622, respectively, resulting in net losses of $8,894 and $11,622 for the three months ended June 30, 2026 and 2025, respectively. Our operating expenses consisted of mainly professional fees for the three months ended June 30, 2026 and 2025, respectively. The decrease in operating expenses was mainly due to the less professional fees.
During the six months ended June 30, 2026 and 2025, the Company generated zero revenues, respectively. The operating expenses for the same periods were comprised of operating expenses of $20,826 and $12,516, respectively, resulting in net losses of $20,826 and $12,516 for the six months ended June 30, 2026 and 2025, respectively. Our operating expenses consisted of mainly professional fees for the six months ended June 30, 2026 and 2025, respectively. The increase in operating expenses was mainly due to the higher professional fees and OTCID annual fee.
Our total assets as of June 30, 2026 were $0.
As of June 30, 2026, the Company had 3,870,600 shares of common stock issued and outstanding.
Liquidity and Capital Resources
As of June 30, 2026, we had cash and cash equivalents of $0. The Company expects to obtain financing to meet our basic operating requirements for the next twelve months.
Operating Activities
For the six months ended June 30, 2026, net cash used in operating activities was $10,678, compared to net cash used in operating activities of $500 for the six months ended June 30, 2025. Such increase was primarily attributable to the ongoing amortization of OTCID annual fee, as well as payments related to EDGAR filing services and transfer agency expenses.
Investing Activities
For the six months ended June 30, 2026 and 2025, net cash used in investing activities was $0 and $0, respectively.
Financing Activities
For the six months ended June 30, 2026, net cash provided by financing activities was $10,678, compared to the net cash provided by financing activities of $500 for the six months ended June 30, 2025. Such increase was due to more funds advanced from the non-related party, for the Company's operating use.
Off-balance Sheet Arrangements
We have no significant off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in our financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to our stockholders.
Recent accounting pronouncements
The Company has reviewed all recently issued, but not yet effective, accounting pronouncements and do not believe the future adoption of any such pronouncements may be expected to cause a material impact on its financial condition or the results of its operations.