| RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS |
NOTE 3 – RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS
The Company has restated its Balance Sheet as of December 31, 2025
and its Statement of Operations, Statement of Changes in Stockholders’ Deficit and Statement of Cash Flows for the year ended December
31, 2025, along with certain related notes to such restated financial statements. The Company determined that the restatement was necessary
after its financial consultant discovered an inadvertent failure by management to obtain and review certain bank and credit card statements
associated with accounts opened in mid-December 2025. The restatement corrects these identified errors in the previously issued Form 10-K.
In connection with the identification of these errors, the Company delayed the completion of its Quarterly Report on Form 10-Q for the
quarter ended March 31, 2026, and filed a Form 12b-25 (Notice of Late Filing) with the Securities and Exchange Commission to provide notice
of such delay to the SEC and its shareholders. The following table sets forth restatements to specific financial statement line items as of and for the year ended December
31, 2025:
BALANCE SHEET RESTATEMENTS
| Schedule of financial statement | |
| | | |
| | | |
| | |
| | |
As of December 31, 2025 | |
| | |
As Previously
Reported | | |
Restatement
Adjustments | | |
As Restated | |
| Cash and cash equivalents | |
$ | 1,784 | | |
$ | 203 | | |
$ | 1,987 | |
| Credit card payable | |
$ | - | | |
$ | 5,083 | | |
$ | 5,083 | |
| Accrued payroll, taxes and penalties | |
$ | 294,243 | | |
$ | (1 | ) | |
$ | 294,242 | |
| Convertible note payable, net of discount | |
$ | 429,736 | | |
$ | 116,274 | | |
$ | 546,010 | |
| Related party advances | |
$ | 93,627 | | |
$ | (233 | ) | |
$ | 93,394 | |
| Additional paid-in capital | |
$ | 7,500,215 | | |
$ | (40,000 | ) | |
$ | 7,460,215 | |
| Accumulated deficit | |
$ | (8,555,039 | ) | |
$ | (80,920 | ) | |
$ | (8,635,959 | ) |
STATEMENT OF OPERATIONS RESTATEMENTS
| | |
| | | |
| | | |
| | |
| | |
For the Year Ended December 31, 2025 | |
| | |
As Previously
Reported | | |
Restatement
Adjustments | | |
As Restated | |
| Revenues, net | |
$ | 1,087,950 | | |
$ | 2,500 | | |
$ | 1,090,450 | |
| Cost of services | |
$ | 618,803 | | |
$ | 31,385 | | |
$ | 650,188 | |
| Sales and marketing | |
$ | 164,684 | | |
$ | 16,085 | | |
$ | 180,769 | |
| General and administrative expenses | |
$ | 561,254 | | |
$ | 20,676 | | |
$ | 581,930 | |
| Total operating expenses | |
$ | 774,459 | | |
$ | 36,761 | | |
$ | 811,220 | |
| Loss from operations | |
$ | (305,312 | ) | |
$ | (65,646 | ) | |
$ | (370,958 | ) |
| Interest expense | |
$ | (117,835 | ) | |
$ | (15,274 | ) | |
$ | (133,109 | ) |
| Net loss | |
$ | (473,147 | ) | |
$ | (80,920 | ) | |
$ | (554,067 | ) |
STATEMENT OF CASH FLOWS RESTATEMENTS
| | |
| | | |
| | | |
| | |
| | |
YEAR ENDED
For the Year Ended December 31,
2025 | |
| | |
As Previously
Reported | | |
Restatement
Adjustments | | |
As Restated | |
| CASH FLOWS FROM OPERATING ACTIVITIES RESTATEMENTS | |
| | | |
| | | |
| | |
| Net loss | |
$ | (473,147 | ) | |
$ | (80,920 | ) | |
$ | (554,067 | ) |
| Credits cards payable | |
$ | - | | |
$ | 5,083 | | |
$ | 5,083 | |
| Accrued liabilities | |
$ | 140,845 | | |
$ | (1 | ) | |
$ | 140,844 | |
| Accrued interest payable | |
$ | 43,125 | | |
$ | 16,274 | | |
$ | 59,399 | |
| Accrued interest payable - related party | |
$ | - | | |
$ | 50,000 | | |
$ | 50,000 | |
| Net cash used in operating activities | |
$ | (289,177 | ) | |
$ | 139,806 | | |
$ | (149,371 | ) |
| | |
| | | |
| | | |
| | |
| CASH FLOWS FROM FINANCING ACTIVITIES RESTATEMENTS | |
| | | |
| | | |
| | |
| Proceeds from convertible promissory note issuance | |
$ | 262,500 | | |
$ | 100,000 | | |
$ | 362,500 | |
| Repayment of related party advances | |
$ | (418,292 | ) | |
$ | (233 | ) | |
$ | (418,525 | ) |
| Proceeds from sale of common stock (Strata) | |
$ | 100,000 | | |
$ | (40,000 | ) | |
$ | 60,000 | |
| Net cash provided by financing activities | |
$ | 88,178 | | |
$ | 59,767 | | |
$ | 147,945 | |
| | |
| | | |
| | | |
| | |
| NET CHANGE IN CASH AND CASH EQUIVALENTS | |
$ | (1,629 | ) | |
$ | 203 | | |
$ | (1,426 | ) |
| CASH AND CASH EQUIVALENTS, end of period | |
$ | 1,784 | | |
$ | 203 | | |
$ | 1,987 | |
|