The following discussion should be read in conjunction with our financial statements, including the notes thereto, appearing elsewhere in this annual report. The following discussion contains forward-looking statements that reflect our plans, estimates and beliefs. Our actual results could differ materially from those discussed in the forward-looking statements. Our audited financial statements are stated in United States Dollars and are prepared in accordance with United States Generally Accepted Accounting Principles.





Results of Operations

The Company has incurred recurring losses to date. Our financial statements have been prepared assuming that we will continue as a going concern and, accordingly, do not include adjustments relating to the recoverability and realization of assets and classification of liabilities that might be necessary should we be unable to continue in operation.

The Company expects we will require additional capital to meet our long-term operating requirements. We expect to raise additional capital through, among other things, the sale of equity or debt securities.

Year ended February 29, 2020 Compared to Year Ended February 28, 2019

Our net loss for the year ended February 29, 2020 was $14,038 compared to a net loss of $29,758 for the year ended February 28, 2019. During the years ended February 28, 2019 and 2018, we generated no revenue. We have earned minimal revenue since the date of inception.

During the year ended February 29, 2020, we incurred general expenses of $14,038 compared to $29,758 general expenses incurred during the year ended February 28, 2019. The decrease in general expenses is primarily due to decrease in professional fees during the year ended February 29, 2020.

Liquidity and Capital Resources

Fiscal Years ended February 29, 2020 and February 28, 2019

As of February 29, 2020, our total assets were $7,559 comprised of $2,830 cash and cash equivalents and $4,729 prepaid expenses and our total liabilities were $76,738 comprised of $76,738 advances from related parties.





6

As of February 28, 2019, our total assets were $21,897 comprised of $17,662 cash and cash equivalents and $4,235 prepaid expenses and our total liabilities were $77,038 comprised of $300 accounts payable and $76,738 advances from related parties.

Stockholders' equity decreased from a deficit of $(55,141) as of February 28, 2019 to a deficit of $(69,179) as of February 29, 2020.

Cash Flows from Operating Activities

The Company has not generated positive cash flows from operating activities. For the year ended February 29, 2020, net cash flows used in operating activities was $14,832. For the year ended February 28, 2019, net cash flows used in operating activities were $22,058.

Cash Flows from Financing Activities

The Company has financed our operations primarily from either advances from related parties or the issuance of equity instruments. For the years ended February 29, 2020 and February 28, 2019, there were no financing activities.





Material Commitments

As of the date of this Form 10-K, the Company does not have any material commitments.

Purchase of Significant Equipment

The Company does not intend to purchase any significant equipment during the next twelve months.

Off-Balance Sheet Arrangements

The Company has no off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources.

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