NuVim : 2022 2Q MD&A

Management's Discussion and Analysis of Financial Condition and Results of Operation

First Quarter of 2022

A) Results of Operations

Results of operations for the six months ended June 30, 2022 compared to the six months ended June 30, 2021

Sales For the six months ended June 30, 2022, gross sales were $450 an increase of $20, from gross sales of $430 for the six months ended June 30, 2021. This increase for the year is the result of limited funding to market the current powder mix product line. An initiative is underway through social media platforms including Instagram, Facebook, LinkedIn and Twitter. The second initiative the Company has been pursuing is a potential collaboration with another company that would improve both companies' revenue and profits. The Company will work to achieve both initiatives, but no assurance can be given that either will materialize. One key element in consummating the potential business collaboration is that the Company has been working for the past year is to keep accounts payable current and Company debt low.

Cost of Sales NuVim was required to periodically assess the value of its inventory for impairment. Over the last several years, the value of the inventory was reduced to zero. Therefore, NuVim's books reflect no cost for the inventory now being sold, The Company is in the process of selling the inventory through e-commerce with the social media initiative on the major platforms.

Gross Profit Gross profit was $450 for the six months ended June 30, 2022, an increase of 5% or $20 from $430 for the six months ended June 30, 2021, the same as the reduction in Net Sales. As explained above, Gross profit as a percentage of gross sales was 100% during first half of 2022, the same as in 2021

Selling, General and Administrative Expenses Selling, general and administrative expenses were $10,275 for the six months ended June 30, 2022, down from $12,057 during the six months ended June 30, 2021. The decrease of $1,782 reflects continuing controls as well as

ended June 30, 2022 compared to $11,627 for the six months ended June 30, 2021. The decrease of the loss by $1,802 versus 2021 is the result of continuing controls as well as the timing on certain payables.

Interest Expense Interest expense was $297 for the six months ended June 30, 2022, nearly identical to the interest expense for the six months ended June 30, 2021. This reflects the stability of the Company's debt.

Net Loss Net loss was $10,122 for the six months ended June 30, 2022 compared to $11,928 for the six months ended June 30, 2021. The decrease in the loss of $1,806 is primarily due to continuing controls as well as the timing of certain payables

Results of operations for the quarter ended June 30, 2022 compared to the quarter ended June 30, 2021

Sales For the quarter ended June 30, 2022, gross sales were $200, the same as gross sales for the three months ended June 30, 2021. Flat sales are the result of limited funding to market the current powder mix product line. An initiative is underway through social media platforms including Instagram, Facebook, LinkedIn and Twitter. The second initiative the Company has been pursuing is a potential collaboration with another company that would improve both companies' revenue and profits. The Company will work to achieve both initiatives, but no assurance can be given that either will materialize. One key element in consummating the potential business collaboration is that the Company has been working for the past year is to keep accounts payable current and Company debt low.

Cost of Sales NuVim was required to periodically assess the value of its inventory for impairment. Over the last several years, the value of the inventory was reduced to zero. Therefore, NuVim's books reflect no cost for the inventory now being sold, The Company is in the process of selling the inventory through e-commerce with the social media initiative on the major platforms.

Gross Profit Gross profit was $200 for the quarter ended June 30, 2022, the same as profit for the quarter ended June 30, 2021. As explained above, Gross profit as a percentage of gross sales was 100% during first half of 2022, the same as in 2021

Selling, General and Administrative Expenses Selling, general and administrative expenses were $3,913 for the quarter ended June 30, 2022, down from $8,332 during the three months ended June 30, 2021. The decrease of $4,219 reflects continuing controls as well as the

June 30, 2022 compared to $8,132 for the quarter ended June 30, 2021. The decrease of the loss by $4,419 versus 2021 is the result of continuing controls as well as the timing on certain payables.

Interest Expense Interest expense was $149 for the quarter ended June 30, 2022, nearly identical to the interest expense for the quarter ended June 30, 2021. This reflects the stability of the Company's debt.

Net Loss Net loss was $3,862 for the quarter ended June 30, 2022 compared to $8,282 for the quarter ended June 30, 2021. The decrease in the loss of $4,420 is primarily due to continuing controls as well as the timing of certain payables

B) Liquidity and Capital Resources

Our operations to date have generated significant operating losses that have been funded through the issuance of common stock and external borrowings. We will require additional sources of outside capital to continue our operations.

We will still need to raise additional financing to pay our past due obligations, fund operating losses and to support sales and marketing programs to increase sales of our products. If we are not able to identify additional sources of financing, we may not be able to continue operations beyond December 2022.

NuVim's Shareholders' Deficit was $17,205 at June 30, 2022 as compared with $190,573 at the end of 2021, reflecting the conversion of $166,990 of debt to equity and the sale of or subscription for common stock for 16,500 offset by the First Six months of 2022's $10,122 of operating loss. The Working Capital at the end of June 2022 was $14,079, up from the $42,503 deficit at the end of 2021.

Net cash used in operating activities for the six months ended June 30, 2022, was $11,5251, compared to cash used in operating activities of $13,552 during the first six months of 2021.

$16,500 was provided by financing activities during the first six months of 2022; compared to $23,801 provided for the six months ended June 30, 2021. The additional cash in 2022 was provided by the sale of common stock.

As a result, the Cash as of June 30, 2022 was $9,629 as compared with $4,654 at the end of December 2021.

1. Off-BalanceSheet Arrangements.

NuVim does not have any relationships with unconsolidated entities or financial partnerships, such as entities often referred to as structured finance or special purpose entities, which would have been established for the purpose of facilitating off-balance sheet arrangements or other contractually narrow or limited purposes.