Annual Report for Fiscal Year Ending February 28, 2026 (Form 10-K)

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

The following discussion should be read in conjunction with our financial statements, including the notes thereto, appearing elsewhere in this annual report. 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. Our audited financial statements are stated in United States Dollars and are prepared in accordance with United States Generally Accepted Accounting Principles.

Results of Operations

The Company has incurred losses since inception resulting in an accumulated deficit of $2,480,849 as of February 28, 2026. Our financial statements have been prepared assuming that we will continue as a going concern and, accordingly, do not include adjustments relating to the recoverability and realization of assets and classification of liabilities that might be necessary should we be unable to continue in operation.

We expect we will require additional capital to meet our long-term operating requirements, if and when we acquire any assets or a business. We expect to raise additional capital through, among other things, the sale of equity or debt securities.

Fiscal year ended February 28, 2026 compared to the fiscal year ended February 28, 2025

Revenue

We did not recognize any revenue for the years ended February 28, 2026 and 2025.

Operating Expenses

General and administrative expenses were $196,933 for the year ended February 28, 2026, compared to $203,734 for the year ended February 28, 2025, a decrease of only $6,801 or 3.3%. In the current year, we incurred $144,000 of expenses from our service agreement with Anvi Global Inc. (Note 5), professional fees of $25,419, OTC fees of $17,445, transfer agent fees of $1,200 and other general expenses of $8,869. In the prior period, we incurred $144,000 of expense from our service agreement with Anvi Global Inc., professional fees of $35,792, OTC fees of $15,700, transfer agent fees of $1,300 and other general expenses of $6,942.

Net Loss

Our net loss for the year ended February 28, 2026, was $196,933 compared to $203,734 for the year ended February 28, 2025.

Liquidity and Capital Resources

Cash Flows from Operating Activities

We have not generated positive cash flows from operating activities. For the year ended February 28, 2026, net cash flows used in operating activities was $65,708 compared to $54,591 in the prior year.

Cash Flows from Financing Activities

We have financed our operations primarily from advances from our CEO. For the year ended February 28, 2026, we received $66,020 from our CEO compared to $54,800 in the prior year.

Off-Balance Sheet Arrangements

We have not entered into any off-balance sheet arrangements and do not have any holdings in variable interest entities.

Critical Accounting Policies and Estimates

Refer to Note 2 of our financial statements contained elsewhere in this Annual Report for a summary of our critical accounting policies and recently adopted and issued accounting standards.

PLAN OF OPERATION AND FUNDING

We have no lines of credit or other bank financing arrangements. We will need additional capital and/or revenues to meet our long-term operating requirements. If and when we commence any operations, additional issuances of equity or convertible debt securities will result in dilution to our current shareholders. Further, such securities might have rights, preferences or privileges senior to our common stock. Additional financing may not be available upon acceptable terms, or at all. If adequate funds are not available or are not available on acceptable terms, we may not be able to take advantage of prospective new business endeavors or opportunities, which could significantly and materially restrict our business operations.

We do not currently engage in enough business activities that provide cash flow. During the next twelve months we anticipate incurring costs related to:

MATERIAL COMMITMENTS

As of the date of this Annual Report, we do not have any material commitments.

GOING CONCERN

The independent auditors' report accompanying our February 28, 2026 and 2025 financial statements contains an explanatory paragraph expressing substantial doubt about our ability to continue as a going concern. The financial statements have been prepared "assuming that we will continue as a going concern," which contemplates that we will realize assets and satisfy liabilities and commitments in the ordinary course of business.