16.  SUBSEQUENT EVENTS

The Company has evaluated subsequent events through October 21, 2026, the date these financial statements were issued. The Order of August 11, 2026 is described in Note 2. Subsequent events are:

August 20–26, 2026. The Company’s then independent registered public accounting firm advised that its previously issued reports should no longer be relied upon (Note 2), delivered a report under Section 10A(b)(2) of the Exchange Act and, the Company having no directors or officers, furnished it to the SEC on August 26; the firm resigned on September 10, 2026.

October 6 and 12, 2026. The Court appointed Jacob Sherman successor custodian, with a mandate to complete the Company’s rehabilitation, nominate an independent board and then end the custodianship, and authorized him to act as principal executive and principal financial officer, retain professionals and accept Court-approved advances of reporting-compliance costs (order filed as Exhibit 99.2). The Company’s records were delivered to him on October 7, 2026.

October 15, 2026. The Court approved (written order to follow) a convertible promissory note from Jennings Family Investments, Inc., of which the custodian is President (Note 12): up to $250,000 of

approved reporting-compliance costs paid directly to vendors against a budget of $58,950; 8% simple interest; twelve-month maturity; unsecured; convertible at 75% of the last bid price, no floor, 9.99% beneficial-ownership limit. No advance had been made at the date of this report. The Court also denied Dr. Passley’s emergency motion as moot (Note 14). The Company engaged Bansal & Co LLP to review the interim financial information in this report and Anuj G & Co. to assist in its preparation, and filed a Form 8-K reporting the auditor resignation, the non-reliance and the change of custodian; the engagement of Bansal & Co LLP was reported on a further Form 8-K filed October 19, 2026.

No other events requiring recognition or disclosure occurred after June 30, 2026.