Vector 21 : Quarterly Financial Report 03/31/2022

PAGE

CONDENSED UNAUDITED BALANCE SHEETS AS OF MARCH 31, 2022 AND JUNE 30,

F-3

2021

CONDENSED UNAUDITED STATEMENT OF OPERATIONS FOR THE THREE AND NINE

F-4

MONTHS ENDED MARCH 31, 2022 AND 2021

CONDENSED UNAUDITED STATEMENT OF CHANGES IN SHAREHOLDERS' DEFICIT

F-5

FOR THE THREE AND NINE MONTHS ENDED MARCH 31, 2022 AND 2021

CONDENSED UNAUDITED STATEMENT OF CASH FLOWS FOR THE NINE MONTHS

F-6

ENDED MARCH 31, 2022 AND 2021

NOTES TO CONDENSED UNAUDITED FINANCIAL STATEMENTS FOR THE THREE AND

F-7

NINE MONTHS ENDED MARCH 31, 2022 AND 2021

MARCH 31,

JUNE 30,

2022

2021

ASSETS

Current Assets

Cash and cash equivalents

$

-

$

-

Prepaid expenses

1,833

-

Total Current Assets

1,833

-

Total Assets

$

1,833

$

-

LIABILITIES AND SHAREHOLDERS' DEFICIT

Current Liabilities

Accounts payable and accruals

$

20,530

$

15,412

Loan payable - related party

30,181

2,251

Total Current Liabilities

50,711

17,663

Total Liabilities

50,711

17,663

Commitments and Contingencies (Note 7)

Shareholders' Deficit

Common stock, $0.0001 par value, 500,000,000 shares

authorized, 1,697,200 and 1,647,200 shares issued and

outstanding, respectively

170

165

Common stock, $0.0001 par value, 0 and 50,000 shares,

respectively to be issued

-

12,500

Additional paid in capital

17,673,072

17,660,577

Accumulated deficit

(17,722,120)

(17,690,905)

Total Shareholders' Deficit

(48,878)

(17,663)

Total Liabilities and Shareholders' Deficit

$

1,833

$

-

FOR THE THREE MONTHS

FOR THE NINE MONTHS

ENDED

ENDED

MARCH 31,

MARCH 31,

2022

2021

2022

2021

REVENUE

$

-

$

-

$

-

$

-

EXPENSES

General and administrative expenses

6,065

1,251

31,214

1,251

Total Expenses

(6,065)

(1,251)

(31,214)

(1,251)

OPERATING LOSS

(6,065)

(1,251)

(31,214)

(1,251)

OTHER INCOME (EXPENSE)

Interest expense

-

(14,878)

-

(43,027)

LOSS BEFORE TAXES

(6,065)

(16,129)

(31,214)

(44,278)

TAXES

-

-

-

-

NET LOSS

$

(6,065)

$

(16,129)

$

(31,214)

$

(44,278)

Net Loss per Common Shares Outstanding -

Basic and Diluted

$

(0.00)

$

(0.00)

$

(0.00)

$

(0.00)

Weighted Average Common Shares Outstanding

- Basic and Diluted

1,697,200

1,647,200

1,688,291

1,647,200

Common Shares

Additional

Common Shares

To Be Issued

Paid-In

Accumulated

Shares

Amount

Shares

Amount

Capital

Deficit

Total

Balance of June 30, 2020

1,647,200

$

165

-

$

-

$

17,660,577

(18,747,801)

$

(1,087,059)

Net loss for the period

-

-

-

-

-

(14,439)

(14,439)

Balance of September 30, 2020

1,647,200

$

165

-

$

-

$

17,660,577

$

(18,762,240

)

$

(1,101,498

)

Net loss for the period

-

-

-

-

-

(13,711)

(13,711)

Balance of December 31, 2020

1,647,200

$

165

-

$

-

$

17,660,577

$

(18,775,951)

$

(1,115,209

)

Net loss for the period

-

-

-

-

-

(16,129)

(16,129)

Balance of March 31, 2021

1,647,200

$

165

-

$

-

$

17,660,577

$

(18,792,080)

$

(1,131,338

)

Common Shares

Additional

Common Shares

To Be Issued

Paid-In

Accumulated

Shares

Amount

Shares

Amount

Capital

Deficit

Total

Balance of June 30, 2021

1,647,200

$

165

50,000

$

12,500

$

17,660,577

(17,690,905)

$

(17,663)

Issuance of shares as

compensation for sale of

subsidiary company

50,000

5

(50,000)

(12,500)

12,455

-

-

Net loss for the period

-

-

-

-

-

(6,009)

(6,009)

Balance of September 30, 2021

1,697,200

$

170

-

$

-

$

17,673,032

$

(17,696,914

)

$

(23,672)

Net loss for the period

-

-

-

-

-

(19,141)

(19,141)

Balance of December 31, 2021

1,697,200

$

170

-

$

-

$

17,673,032

$

(17,716,055)

$

(42,813)

Net loss for the period

-

-

-

-

-

(6,065)

(6,065)

Balance of March 31, 2022

1,697,200

$

170

-

$

-

$

17,673,032

$

(17,722,120)

$

(42,878)