UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form
For the quarterly period ended
For the transition period from __________ to __________
Commission file number
(Exact name of registrant as specified in its charter)
|
(State or Other Jurisdiction of Incorporation or Organization) |
7372 (Primary Standard Industrial Classification Number) |
(IRS Employer Identification Number) |
Edgar Ulises Rodriguez Velazquez
President and Chief Executive Officer
Tel: +1-
(Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices)
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| Common Stock | - | - |
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15 (d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
Indicate by check mark whether the registrant has submitted electronically on its corporate Web site, if any, every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).
Yes [ ]
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer”, “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act:
| Large accelerated filer | [ ] | Accelerated filer | [ ] |
| [X] | Smaller reporting company | ||
| (Do not check if a smaller reporting company) | Emerging growth company | ||
If an emerging growth company, indicate by check mark
if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards
provided pursuant to Section 7(a)(2)(B) of the Securities Act.
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).
Yes [ ]
State the number of shares outstanding of each of the issuer's classes of common equity, as of the latest practicable date: common shares issued and outstanding as of July 10, 2026.
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DANKON CORPORATION
QUARTERLY REPORT ON FORM 10-Q
TABLE OF CONTENTS
| Page | ||
| PART I | FINANCIAL INFORMATION: | |
| Item 1. | Condensed Financial Statements (Unaudited) | 4 |
| Condensed Balance Sheets as of May 31, 2026 (Unaudited) and February 28, 2026 | 5 | |
| Condensed Statements of Operations for the three months ended May 31, 2026 and 2025 (Unaudited) | 6 | |
| Condensed Statements of Changes in Stockholders’ Equity (Deficit) for the three months ended May 31, 2026 and 2025 (Unaudited) | 7 | |
| Condensed Statements of Cash Flows for the three months ended May 31, 2026 and 2025 (Unaudited) | 8 | |
| Notes to the Condensed Financial Statements (Unaudited) | 9 | |
| Item 2. | Management’s Discussion and Analysis of Financial Condition and Results of Operations | 14 |
| Item 3. | Quantitative and Qualitative Disclosures About Market Risk | 15 |
| Item 4. | Controls and Procedures | 17 |
| PART II | OTHER INFORMATION: | |
| Item 1. | Legal Proceedings | 18 |
| Item 1A | Risk Factors | 18 |
| Item 2. | Unregistered Sales of Equity Securities and Use of Proceeds | 18 |
| Item 3. | Defaults Upon Senior Securities | 18 |
| Item 4. | Submission of Matters to a Vote of Securities Holders | 18 |
| Item 5. | Other Information | 18 |
| Item 6. | Exhibits | 18 |
| Signatures | ||
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PART I – FINANCIAL INFORMATION
| Item 1. | Financial Statements |
The accompanying interim financial statements of Dankon Corporation (“the Company”, “we”, “us” or “our”), have been prepared without audit pursuant to the rules and regulations of the Securities and Exchange Commission. Certain information and footnote disclosures normally included in financial statements prepared in accordance with United States generally accepted accounting principles have been condensed or omitted pursuant to such rules and regulations.
The interim financial statements are condensed and should be read in conjunction with the Company’s latest annual financial statements.
In the opinion of management, the financial statements contain all material adjustments, consisting only of normal recurring adjustments, considered necessary to present fairly the financial condition, results of operations, and cash flows of the Company for the interim periods presented.
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Dankon Corporation
Condensed Balance Sheets
May 31, 2026 (Unaudited) |
February 28, 2026 | |||
| ASSETS | ||||
| Current Assets | ||||
| Cash | $ | $ | ||
| Prepaid Expenses | ||||
| Total Current Assets | ||||
| Other Assets | ||||
| Intangible Assets | ||||
| Project in Progress | ||||
| Total Other Assets | ||||
| TOTAL ASSETS |
$ |
$ |
||
| LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) | ||||
| Liabilities | ||||
| Current Liabilities | ||||
| Accounts Payable | $ | $ | ||
| Loan from Related Parties | ||||
| Deferred Revenue | ||||
| Total Current Liabilities | ||||
| Total Liabilities | ||||
| Stockholders' Equity (Deficit) | ||||
| Common stock, $ par value, shares authorized; issued and outstanding as of May 31, 2026 and February 28, 2026, respectively | ||||
| Additional Paid-in Capital | ||||
| Accumulated deficit | ( |
( | ||
| Total Stockholders' Equity (Deficit) | $ | $ | ( | |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) |
$ |
$ |
See accompanying notes, which are an integral part of these condensed financial statements
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Dankon Corporation
Condensed Statements of Operations
For the three months ended May 31, 2026 and 2025 (Unaudited)
|
Three months ended May 31, 2026 |
Three months ended May 31, 2025 | |||
| REVENUES |
$ |
|
$ |
|
| OPERATING EXPENSES | ||||
| General & Administrative Expenses | ||||
| Amortization | ||||
| TOTAL OPERATING EXPENSES | $ | $ | ||
| INCOME (LOSS) FROM OPERATIONS | $ | $ | ( | |
| PROVISION FOR INCOME TAXES | ||||
| NET INCOME (LOSS) | $ | $ | ( | |
| NET INCOME (LOSS) PER SHARE: BASIC AND DILUTED |
$ |
|
$ |
( |
| WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED |
|
See accompanying notes, which are an integral part of these condensed financial statements.
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Dankon Corporation
Condensed Statement of Changes in Stockholders’ Equity (Deficit)
For the three months ended May 31, 2026 and 2025 (Unaudited)
| Common Stock |
Additional Paid-in Capital |
Accumulated Deficit |
| ||||||
|
Shares |
Amount |
Total Stockholders’ Equity (Deficit) | |||||||
| Balance at February 28, 2025 |
|
$ |
|
$ |
|
$ |
( |
$ |
( |
| Common Shares Issued for Cash | - | ||||||||
| Net Loss | - | ( |
( | ||||||
| Balance at May 31, 2025 |
|
$ |
|
$ |
|
$ |
( |
$ |
( |
| Balance at February 28, 2026 |
|
$ |
|
$ |
|
$ |
( |
$ |
( |
| Common Shares Issued for Cash | - | ||||||||
| Net Income | - | ||||||||
| Balance at May 31, 2026 |
|
$ |
|
$ |
|
$ |
( |
$ |
|
See accompanying notes, which are an integral part of these condensed financial statements.
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Dankon Corporation
Condensed Statements of Cash Flows
For the three months ended May 31, 2026 and 2025 (Unaudited)
| Three months ended May 31, 2026 | Three months ended May 31, 2025 | |||
| OPERATING ACTIVITIES | ||||
| Net Income (Loss) | $ |
$ |
( | |
| Adjustments to Reconcile Net Income (Loss) | ||||
| to Net Cash Used in Operating Activities: | ||||
| Amortization | ||||
| Changes in Operating Assets and Liabilities: | ||||
| Accounts Payable | ( |
( | ||
| Deferred revenue | ( |
|||
| Prepaid expenses | ( | |||
| Net Cash Used in Operating Activities | $ | ( |
$ | ( |
| INVESTING ACTIVITIES | ||||
| Intangible Assets | ( |
|||
| Net Cash Used in Investing Activities | $ | ( |
$ | |
| FINANCING ACTIVITIES | ||||
| Proceeds from Loan from Related Parties | ||||
| Net Cash Provided by Financing Activities | $ | $ | ||
| Net Cash Decrease for Period | $ | ( |
$ | ( |
| Cash at Beginning of Period | $ | $ | ||
| Cash at End of Period | $ | $ | ||
| SUPPLEMENTAL CASH FLOW INFORMATION | ||||
| Cash payments for: | ||||
| Interest | $ | $ | ||
| Income taxes | $ | $ |
See accompanying notes, which are an integral part of these condensed financial statements.
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Dankon Corporation
Notes to the Condensed Financial Statements (Unaudited)
Note 1 – Nature of Business
Dankon Corporation (“the Company”) was incorporated under the laws of the State of Wyoming, U.S. on November 11, 2024 (Inception).
Dankon Corporation is an online service designed to elevate the art of congratulatory messaging. It offers a powerful and intuitive service for crafting thoughtful, customized messages for any occasion, from birthdays and anniversaries to professional milestones and special celebrations. With its advanced features and user-friendly interface, Dankon Corporation ensures that every message is meaningful, impactful, and tailored to leave a lasting impression.
Note 2 – Going Concern
The condensed financial statements were prepared on a going concern basis, which assumes that the Company will be able to meet its obligations and continue operations in the ordinary course of business for the foreseeable future.
For the three months ended May
31, 2026, the Company generated revenue of $
The Company's ability to continue as a going concern is dependent upon its ability to sustain and grow profitable operations and/or obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they become due. Management intends to finance operating costs over the next twelve months through continued revenue generation from its subscription-based API service, as well as through potential loans from directors and/or a private offering of common stock.
These financial statements do not include any adjustments that might result from the outcome of this uncertainty.
Note 3 – Summary of Significant Accounting Policies
Basis of Presentation
The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America and are presented in US dollars. The Company has adopted a February 28 fiscal year-end.
Fair Value of Financial Instruments
The Company’s financial instruments consist of cash, accounts payable, and advances payable to CEO. The carrying amounts of these financial instruments approximates fair value because of the short period of time between the origination of such instruments and their expected realization.
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These tiers include:
- Level 1: defined as observable inputs such as quoted prices in active markets;
| - | Level 2: defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and |
| - | Level 3: defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions. |
The carrying value of cash and the Company's loan from shareholder approximates fair value due to their short-term maturity.
Use of Estimates
The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Cash and Cash Equivalents
The Company considers all highly liquid instruments
purchased with a maturity of three months or less to be cash equivalents to the extent that the funds are not being held for investment
purposes. As of May 31, 2026 and February 28, 2026, our cash balance was $
Intangible Assets
The Company recognizes and discloses certain intangible assets in its financial statements, in accordance with ASC Subtopic 350-40, Internal-Use Software-Computer Software Developed or Obtained for Internal Use, and ASC Subtopic 360-10. ASC 350-40-15-2A describes internal-use software as having both of the following characteristics:
a. The software is acquired, internally developed, or modified solely to meet the entity’s internal needs.
b. During the software’s development or modification, no substantive plan exists or is being developed to market the software externally.
ASC Subtopic 350-40 requires assets to be recorded at cost and amortized over their estimated useful life on a straight-line basis. Costs to renew or extend the term of an intangible asset are expensed as incurred.
As of May 31, 2026, we recognized capitalized
costs of $
Impairment of Long-Lived Assets
The Company continually monitors events and changes in circumstances that could indicate carrying amounts of long-lived assets may not be recoverable. When such events or changes in circumstances are present, the Company assesses the recoverability of long-lived assets by determining whether the carrying value of such assets will be recovered through undiscounted expected future cash flows. If the total of the future cash flows is less than the carrying amount of those assets, the Company recognizes an impairment loss based on the excess of the carrying amount over the fair value of the assets. Assets to be disposed of are reported at the lower of the carrying amount or the fair value less costs to sell.
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Net income (loss) per common share is computed pursuant to FASB Accounting Standards Codification (“ASC”) 260, “Earnings Per Share”. Basic net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. Diluted net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock and potentially dilutive outstanding shares of common stock during the period to reflect the potential dilution that could occur from common shares issuable through contingent share arrangements, stock options and warrants. There were no potentially dilutive common shares outstanding for the periods presented.
Revenue Recognition
The Company recognizes revenue in accordance with Accounting Standards Codification No. 606, "Revenue from Contracts with Customers" ("ASC-606"). ASC 606 directs entities to recognize revenue when the promised goods or services are transferred to the customer. The amount of revenue recognized should equal the total consideration an entity expects to receive in return for the goods or services. The Financial Accounting Standards Board (FASB) created a five-step approach that entities should apply when determining the amount and timing of revenue recognition:
Step 1: Identify the contract with a customer.
Step 2: Identify the performance obligations in the contract.
Step 3: Determine the transaction price.
Step 4: Allocate the transaction price to the performance obligations in the contract.
Step 5: Recognize revenue when (or as) the entity satisfies a performance obligation.
The Company provides API keys that give access to a limited number of API requests. Customers can select a suitable pricing plan directly on our website and initiate contact with the Company. The Company's policy requires payment upon issuance of an invoice. Once payment is received, the API key will be delivered via email, typically on the same day. API access is provided in the form of a unique, non-transferable key, which may not be shared or reassigned to third parties. On occasion, the Company may provide the key prior to payment with an agreed upon payment date in the executed contract. Revenue is recognized by the Company ratably over the specified period of time that the customer is granted access to our software.
During the three months ended May 31, 2026
the Company recorded revenue of $
During the three months ended May 31, 2025, the Company recorded revenue of $0, deferred revenue was $0, and accounts receivable was $0.
Foreign Currency
The Company’s functional and reporting currency is the U.S. dollar. Transactions may occur in foreign currencies and management follows ASC 830, “Foreign Currency Matters”. Monetary assets and liabilities denominated in foreign currencies are translated using the exchange rate prevailing at the balance sheet date. Non-monetary assets and liabilities denominated in foreign currencies are translated at rates of exchange in effect at the date of the transaction. Average monthly rates are used to translate revenues and expenses. Gains and losses arising on translation or settlement of foreign currency denominated transactions or balances are included in the Statement of Operations.
Dividends
The Company has not adopted any policy regarding payment of dividends. No dividends have been paid during the periods presented.
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Income Taxes
The Company accounts for income taxes under the asset and liability method, whereby deferred tax assets and liabilities are determined based on the difference between the financial statement and tax bases of assets and liabilities using the enacted tax rates in effect for the year in which the differences are expected to affect taxable income. A valuation allowance is established when necessary to reduce deferred tax assets to the amounts expected to be realized. As of May 31, 2026, the Company had net operating loss carryforwards generated since inception, against which a full valuation allowance has been established. Accordingly, no income tax provision was recorded for the three months ended May 31, 2026 and 2025.
Segment Reporting
The Company operates as a single operating and reportable segment, providing monthly subscription service packages. Our Chief Executive Officer is our Chief Operating Decision Maker (“CODM”) who evaluates and makes operating decisions about allocation resources considering our single geographical area and on a consolidated basis. Accordingly, the CODM considers revenue and operating expenses of our single operating segment as reported on the statement of operations and considers our current and total assets as recorded on the balance sheet. There are no additional expense or asset information that are supplemental to those disclosed on these financial statements that are regularly provided to the CODM.
Recent Accounting Pronouncements
The Company has reviewed all the recent accounting pronouncements issued to date of the issuance of these financial statements and does not believe any of these pronouncements will have a material impact on the Company.
Note 4 – Intangible Assets
As of May 31, 2026, we recognized capitalized costs of $121,390 consisting of website and API. The website was placed in service on May 15, 2025, and the API was placed in service on June 10, 2025, and are expected to be amortized over 5 years on a straight-line basis.
Accumulated amortization as of May 31, 2026 and February
28, 2026 was $
Intangible assets amounts are as follows:
| Website Development | API Development | Total | ||||
| Estimated Useful Life (Years) | 5 | 5 | ||||
| Total Cost of the Asset | $ | 45,000 | $ | 76,390 | $ | 121,390 |
| Accumulated Amortization at May 31, 2026 | (9,375) | (9,996) | (19,371) | |||
| Net Book Value at May 31, 2026 | $ | 35,625 | $ | 66,394 | $ | 102,019 |
| Amortization Expense for three months ended May 31, 2026 | $ | 2,250 | $ | 3,651 | $ | 5,901 |
| Amortization Expense for three months ended May 31, 2025 |
$
|
- | $ | - | $ | - |
Note 5 – Capital Stock
The Company has 75,000,000 common shares authorized with a par value of $0.001 per share.
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During the period from November 11, 2024 (Inception) to February 28, 2025 the Company has issued 3,500,000 shares of common stock.
During the year ended February 28, 2026, the Company issued 1,761,400 shares of common stock for cash proceeds at $0.025 per share for a total of $44,035.
As of May 31, 2026, the Company had shares issued and outstanding. No shares were issued during the three months ended May 31, 2026.
Note 6 – Related Party Transactions
To support the Company's financial needs, it may obtain advances from related parties until such time that it can sustain its operations or secure sufficient funding through the sale of its equity or traditional debt financing.
As of May 31, 2026, Edgar Ulises Rodriguez Velazquez,
the CEO of the Company, had advanced $
Note 7 – Commitments and Contingencies
Litigation
The Company is not subject to any legal proceedings.
Note 8 – Subsequent Events
In accordance with ASC 855, “Subsequent Events”, the Company has analyzed its operations subsequent to May 31, 2026 through July 10, 2026, the financial statement issuance date, and concluded that there are no significant subsequent events to disclose in these financial statements.
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Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations
Forward Looking Statement Notice
Statements made in this Form 10-Q that are not historical or current facts are "forward-looking statements" made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 (the "Act") and Section 21E of the Securities Exchange Act of 1934. These statements often can be identified using terms such as "may," "will," "expect," "believe," "anticipate," "estimate," "approximate" or "continue," or the negative thereof. We intend that such forward-looking statements be subject to the safe harbors for such statements. We wish to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Any forward-looking statements represent management's best judgment as to what may occur in the future. However, forward-looking statements are subject to risks, uncertainties and crucial factors beyond our control that could cause actual results and events to differ materially from historical results of operations and events and those presently anticipated or projected. We disclaim any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statement or to reflect the occurrence of anticipated or unanticipated events.
Financial information contained in this quarterly report and in our unaudited interim financial statements is stated in United States dollars and are prepared in accordance with United States accepted accounting principles.
Company Overview
Dankon Corporation operates an online platform for generating personalized congratulatory messages, serving businesses, individuals, and developers. Our primary offering, the "Congratulations Generator," is an API-based service developed and launched in June 2025, powered by advanced natural language processing (NLP) algorithms that produce tailored messages based on user-provided inputs such as event details, recipient information, and desired tone.
The platform serves a diverse client base, including business professionals, event agencies, educational institutions, social media users, and developers integrating our API into their own applications via https://dankon.co/.
Revenue is generated through a tiered monthly subscription model.
Pricing Plans:
- Free: This plan provides 100 API requests, suitable for initial testing and use with small data volumes.
- Basic: Offers 5,000 API requests, designed for developers and small businesses with moderate integration needs.
- Pro: For high-volume users, the Pro plan provides 10,000 API requests.
For enterprise customers requiring more than 100,000 API requests, customized pricing plans are available through a direct consultation.
Our pricing structure is designed to be scalable and flexible, ensuring users can choose a plan that meets their specific requirements and usage patterns.
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Government Regulation
Our operations are subject to a wide range of federal, state, and international laws and regulations governing online platforms, particularly those related to content generation, user data protection, and digital services. These regulations include privacy laws, data protection (including handling of minors' data), intellectual property rights, advertising, and marketing practices, as well as compliance with anti-corruption measures and industry-specific standards.
We are committed to ensuring full compliance with all relevant laws and regulations that apply to our industry. This includes adhering to privacy protection laws, ensuring the security of user data, and following all applicable guidelines for online content and service delivery. We place a strong emphasis on upholding the highest standards of ethics, user privacy, and data protection in all aspects of our business operations.
Given the evolving nature of online platforms and digital services, we acknowledge that the regulatory environment is constantly changing. New laws, updates to existing regulations, and shifts in how regulations are applied may impact our business. This includes potential amendments or new interpretations of current laws, as well as rulings from regulatory bodies and courts at the federal, state, or international level. These changes may arise rapidly or develop over time through judicial decisions or as new guidelines are issued by regulatory authorities.
As we continue to expand our business and introduce new features, services, or markets, we recognize the possibility of encountering additional regulatory requirements or restrictions. This could include limitations on operating in specific regions or the need to comply with additional laws based on our business activities. We are dedicated to staying informed of regulatory changes and adapting our practices to remain compliant with all legal obligations.
Employees
As of May 31, 2026, we did not have any full-time employees. Our operations are currently managed by our President, Chief Executive Officer, Chief Financial Officer, Treasurer, Secretary and Director, Edgar Ulises Rodriguez Velazquez, with the assistance of our other director, Tomasz Iwanski.
We may hire additional personnel in the future as our business develops and operational needs increase.
Overview
The following discussion of our financial condition and results of operations should be read in conjunction with our audited financial statement as of February 28, 2026.
Results of Operations
Revenue
For the three months ended May 31, 2026 and 2025 we generated total revenue of $33,667 and $0, respectively.
Operating expenses
Total operating expenses for three months ended May 31, 2026 were $22,691. The operating expenses included bank service charges ($76), amortization expense ($5,901), professional fees ($8,925), exchange loss ($7), server lease expense ($3,750), office expense ($87), registered agent services ($45) and website support services ($3,900).
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Total operating expenses for three months ended May 31, 2025 were $13,802. The operating expenses included bank service charges ($87), professional fees ($6,465), server lease expense ($3,750) and research & development expense ($3,500).
Net Income (Loss)
Our Net Income for three months ended May 31, 2026 was $10,976.
Our Net Loss for three months ended May 31, 2025 was $13,802.
Liquidity and Capital Resources
As of May 31, 2026, our accumulated deficit was $36,869. During the three months ended May 31, 2026, the Company generated net income of $10,976 and used cash in operations of $6,640, compared to a net loss of $13,802 and cash used in operations of $53,752 for the three months ended May 31, 2025. Despite the profitable quarter, the Company's cash balance of $394 as of May 31, 2026 and continued reliance on director financing raise substantial doubt about our ability to continue as a going concern. In the opinion of our management, additional funding may be required to meet our development goals for the next twelve months. Funding may be raised through continued revenue generation, equity financing, debt financing, or other sources, which may result in the dilution in the equity ownership of our shares.
Operational Cash Flows
For the three months ended May 31, 2026, we had operating cash outflows of $6,640, compared to $53,752 for the three months ended May 31, 2025. The primary allocation of cash has been directed towards general working capital needs, reflecting the ongoing operational requirements of the business.
Investing Cash Flows
During the three months ended May 31, 2026, the Company invested $7,200 to develop intangible assets. No cash was used in investing activities during the three months ended May 31, 2025.
Financing Cash Flow
Net cash provided by financing activities for the three months ended May 31, 2026 was $10,350, consisting entirely of loan from related parties. For the three months ended May 31, 2025, net cash provided by financing activities was $50,700, also consisting of loan from related parties.
Current Financial Condition
For the three months ended May 31, 2026, the Company generated revenue of $33,667 and recorded net income of $10,976. The Company is reporting an accumulated deficit since inception of $36,869 as of May 31, 2026. Please refer to our financial statements contained herein for more detailed information.
Item 3. Quantitative and Qualitative Disclosures About Market Risk
None
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Item 4. Controls and Procedures
Evaluation of Disclosure Controls and Procedures
Our management is responsible for establishing and maintaining a system of disclosure controls and procedures (as defined in Rule 13a-15(e) and 15d-15(e) under the Exchange Act) that is designed to ensure that information required to be disclosed by us in the reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the Commission’s rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by an issuer in the reports that it files or submits under the Exchange Act is accumulated and communicated to the issuer’s management, including its principal executive officer or officers and principal financial officer or officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.
An evaluation was conducted under the supervision and with the participation of our management of the effectiveness of the design and operation of our disclosure controls and procedures as of May 31, 2026. Based on that evaluation, our management concluded that our disclosure controls and procedures were not effective as of such date to ensure that information required to be disclosed in the reports that we file or submit under the Exchange Act, is recorded, processed, summarized and reported within the time periods specified in SEC rules and forms.
Changes in Internal Control over Financial Reporting
During the three months ended May 31, 2026 there were no changes to our system of internal controls over financial reporting.
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PART II. OTHER INFORMATION
ITEM 1. LEGAL PROCEEDINGS
We know of no legal proceedings to which we are a party or to which any of our property is the subject which are pending, threatened or contemplated or any unsatisfied judgments against us.
ITEM 1A. RISK FACTORS
None
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
None
ITEM 3. DEFAULTS UPON SENIOR SECURITIES
None
ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITIES HOLDERS
None
ITEM 5. OTHER INFORMATION
None
ITEM 6. EXHIBITS
The following exhibits are included as part of this report by reference:
| 31.1 | Certification of Chief Executive Officer and Chief Financial Officer pursuant to Securities Exchange Act of 1934 Rule 13a-14(a) or 15d-14(a). |
| 32.1 |
|
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this quarterly report to be signed on its behalf by the undersigned, there unto duly authorized on July 10, 2026.
| Dankon Corporation | |
| By: | /s/ Edgar Ulises Rodriguez Velazquez |
| Name: | Edgar Ulises Rodriguez Velazquez |
| Title: | President, Secretary, Chief Executive Officer and Chief Financial Officer, Treasurer, Director |
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