Management's Plan of Operation

The following discussion contains forward-looking statements. Forward-looking statements give our current expectations or forecasts of future events. You can identify these statements by the fact that they do not relate strictly to historical or current facts. They use of words such as "anticipate", "estimate", "expect", "project", "intend", "plan", "believe", and other words and terms of similar meaning in connection with any discussion of future operating or financial performance. From time to time, we also may provide forward-looking statements in other materials we release to the public.





Overview

The Company's current business objective is to seek operate in the tea industry, including acting as a distributor. We intend to use the Company's limited personnel and financial resources in connection with such activities.





Results Of Operations

During The Year Ended December 31, 2021 As Compared To The Year Ended December 31, 2020







Revenue

For the year ended December 31, 2021 and 2020, the Company generated no revenue.





Expenses

For the year ended December 31, 2021, the Company incurred $ 81,812 as total operating expenses which consists of $ 64,893 as professional fees which primarily includes audit and accounting fees. For the year ended December 31, 2020, the Company incurred $ 373,713 as total operating expenses which consists of $ 372,887 as professional fees which primarily includes fees for management services valued at $345,576 in consideration to which Convertible Preferred Stock has been issued to Uonlive (Hong Kong) Limited. Mr. Raymond Fu, President, and Chief Executive Officer of the Company is also the indirect beneficial owner of Uonlive (Hong Kong) Limited. Also refer note no. 8.





Net Loss

For the years ended December 31, 2021 we incurred a net loss of $81,812. For the years ended December 31, 2020 we incurred a net loss of $372,743. The decrease is due to the absence of stock based compensation for management services of $345,576 during the 2020 fiscal year.





Liquidity

Currently, we are relying on sales of our products. Currently, we pay costs associated with running a business on a day to day basis.

As of December 31, 2021, we had current assets of $56,085 which consists $52,279 cash on hand, and $3,806 prepaid expenses and current liabilities of $402,674. As of December 31, 2020, we had current assets of $5,092 which consists $2,758 cash on hand and $2,333 prepaid expenses and current liabilities of $268,777.

To the extent that our capital resources are insufficient to meet current or planned operating requirements, we will seek additional funds through equity or debt financing, collaborative or other arrangements with corporate partners, licensees or others, and from other sources, which may have the effect of diluting the holdings of existing shareholders. The Company has no current arrangements with respect to, or sources of, such additional financing and we do not anticipate that existing shareholders will provide any portion of our future financing requirements.

No assurance can be given that additional financing will be available when needed or that such financing will be available on terms acceptable to the Company. If adequate funds are not available, we may be required to delay or terminate expenditures for certain of its programs that it would otherwise seek to develop and commercialize. This would have a material adverse effect on the Company.





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Off-Balance Sheet Arrangements

As of December 31, 2020 and 2020, we did not have any off-balance sheet arrangements as defined in Item 303(a)(4)(ii) of Regulation S-K promulgated under the Securities Act of 1934.

Contractual Obligations and Commitments

As of December 31, 2021 and 2020, we did not have any contractual obligations.





Critical Accounting Policies

Our significant accounting policies are described in the notes to our financial statements for the years ended December 31, 2021 and 2020, and are included elsewhere in this registration statement.



paragraph on going concern.



Going concern assumption .

As of December 31, 2021 and 2020, we had accumulated deficits of approximately $4,043,966 and $3,962,155, respectively. Our directors are of the opinion that the preparation of these financial statements is based on a going concern and its basis has been stated in Note 3 to the financial statements. Should there be any problem in the going concern of us, all the assets and liabilities have to be stated at net realizable values.

Off-Balance Sheet Arrangements

We had no any off-balance sheet arrangements as of December 31, 2021 and 2020.





Seasonality

We believe our operation and sales do not experience seasonality.

Subsequent Events

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