The following management's discussion and analysis should be read in conjunction with our financial statements and the notes thereto and the other financial information appearing elsewhere in this report. Our financial statements are prepared in U.S. dollars and in accordance with U.S. GAAP.

Special Note Regarding Forward Looking Statements

In addition to historical information, this report contains forward-looking statements. We use words such as "believe," "expect," "anticipate," "project," "target," "plan," "optimistic," "intend," "aim," "will" or similar expressions which are intended to identify forward-looking statements. Such statements include, among others, those concerning market and industry segment growth; any projections of earnings, revenue, margins or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements regarding future economic conditions or performance; as well as all assumptions, expectations, predictions, intentions or beliefs about future events. You are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, including those identified in our Annual Report on Form 10-K filed on March 31, 2022, as well as assumptions, which, if they were to ever materialize or prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements.

Readers are urged to carefully review and consider the various disclosures made by us in this report and our other filings with the SEC. These reports attempt to advise interested parties of the risks and factors that may affect our business, financial condition and results of operations and prospects. The forward-looking statements made in this report speak only as of the date hereof and we disclaim any obligation, except as required by law, to provide updates, revisions or amendments to any forward-looking statements to reflect changes in our expectations or future events.





Overview


WedoTalk Inc. ("we" or the "Company") was incorporated in the State of Nevada on June 29, 2007. We were an exploration stage company engaged in the exploration of mineral resource properties.

On July 22, 2009, the Company conducted a 1-to-10 stock split (the "Stock Split") of the issued and outstanding common stock, so the Company's issued and outstanding shares increased from 1,670,000 to 16,700,000 with par value of $0.001. Immediately after the Stock Split on July 22, 2009, the Company entered into a Share Exchange Agreement (the "Exchange Agreement") with Boom Spring, Inc. ("Boom Spring"), and the shareholders of Boom Spring. Pursuant to the terms of the Exchange Agreement, the shareholders of Boom Spring transferred to the Company all of the equity interest of Boom Spring in exchange for 12,000,000 outstanding shares of the Company and 33,300,000 newly issued shares of the Company (the "Share Exchange"). As a result of the Share Exchange, Boom Spring became a wholly owned subsidiary of the Company and the Company became a holding company with issued and outstanding common stock of 50,000,000 with par value of $0.001.

Pursuant to a board resolution dated October 21, 2009, the Company increased its authorized number of common stock from 50,000,000 to 190,000,000, and conducted a 2-for-5 reverse stock split (the "Reverse Stock Split") of the issued and outstanding common stock. After the Reverse Stock Split, the Company's issued and outstanding shares changed from 50,000,000 to 20,000,000 with par value of $0.001 effective on October 21, 2009. This reverse stock split also gave retroactive effect in the balance sheet as of December 31, 2008 and the computation of basic and diluted EPS is adjusted retroactively for all period presented accordingly.

The Company had exclusive use of the core technologies, including hollow/solid glass processing technology, pure manual glass rod processing technology, wire processing technology and painting processing technology. It developed "Yi Fan Feng Shun" liquor vessel with the brand of Wu Liang Ye. The Company was engaged in expanding in the international market. The Company also planned to build or acquire its own production capacity to meet the demand in the domestic Chinese market by purchasing or acquiring new equipment of machine-made glass producing. The objective of the Company was to become a large-scaled glass craftwork supplier and further develop its innovational technology.

On May 11, 2018, the Eighth Judicial District Court of Nevada appointed Custodian Ventures, LLC as custodian for the Company, proper notice having been given to the officers and directors of the Company. There was no opposition.

On May 18, 2018, the Company filed a certificate of revival with the state of Nevada, appointing David Lazar as, President, Secretary, Treasurer and Director. On May 31, 2018, the Company obtained a promissory note in amount of $7,500 from its custodian, Custodian Ventures, LLC, the managing member being David Lazar. The note bears an interest of 3% and all unpaid interest and principal is due within 180 days following written demand. On May 31, 2018, the Company issued 27,000,000 shares of common stock to Custodian Ventures, LLC at par for shares valued at $27,000 in exchange for settlement of a portion of a related party loan for amounts advanced to the Company in the amount of $19,500, and the promissory note issued to the Company in the amount $7,500.





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On July 2, 2018, the Company terminated its registration with the U.S. Securities and Exchange Commission (the "SEC"). On August 2, 2018, the Company filed a Form 10-12G, and on September 18, 2018, the Company filed the Amendment No. 1 to Form 10-12G which went effective on October 1, 2018. On November 19, 2019, the Company board of directors determined that it was in their best interest to redeem the 27,000,000 shares of common stock, held by Custodian Ventures, LLC. In addition, the Company elected to cancel and return to the shareholder the promissory note dated May 31, 2018 in the amount of $7,500. The Company shall also pay the additional amount of $19,168.97 by issuance of a promissory note and cancel all interest due on the May 31, 2018 note. The promissory note dated November 19, 2019, in the amount of $19,168.97 is due and payable in full within one hundred eight (180) days following written demand by the holder and bears an interest rate of 3% per annum.

On November 07, 2019 the board of directors approved the issuance of 10,000,000 shares of Series A preferred stock to Custodian Ventures, LLC, with a par value of $0.001 per share for a total of $1,400,000 for consulting services provided by Custodian Ventures, LLC to the Company. The Company's common stock and preferred stock have different voting rights whereby one share of common stock is entitled to one (1) vote and one share of preferred stock is entitled to one hundred (100) votes.

On April 29, 2020, the Company entered into and closed the transaction contemplated by a stock purchase agreement (the "Stock Purchase Agreement I") between the Company, Plentiful Limited, a Samoan company (the "Purchaser"), and Custodian Ventures, LLC, a Wyoming limited liability company (the "Principal") controlled by David Lazar, an individual (together with the Principal, the "Seller"), the controlling shareholder of the Company. Pursuant to the Stock Purchase Agreement I, Purchaser purchased 10,000,000 shares of preferred stock (the "Shares") of the Company from the Principal. The full purchase price set forth in the Stock Purchase Agreement I is $240,000, or $0.024, per share. Upon the closing, $225,000 of the purchase price was paid to Principal, and the balance of $15,000 will be paid once the Company's common stock has received full DTC eligibility approval, subject to the condition that such approval must be obtained by June 5, 2020, or a later date as agreed by Purchaser. The Shares represent approximately 98% of the Company's outstanding voting power as of the closing. Accordingly, as a result of the transaction, Purchaser became the controlling shareholder of the Company.

In connection with the closing of the stock purchase transaction, on April 29, 2020, David Lazar, the sole director of the Company, submitted his resignation letter, pursuant to which he resigned from all offices of the Company that he held effective as of the closing of the stock purchase transaction and from the board of directors effective ten (10) days following the filing of Schedule 14f-1 with the SEC. The resignation of Mr. Lazar was not in connection with any known disagreement with the Company on any matter. Upon the closing of the stock purchase transaction, on April 29, 2020, Lei Xu was appointed as a director of the Company and for the offices previously held by Mr. Lazar, effective as of the closing of the stock purchase transaction. In addition, David Lazar signed a Loan Forgiveness and Cancellation Agreement with the Company, under which he agreed to forgive all of the indebtedness owed to him by the Company as of the closing of the stock purchase transaction.

On August 11, 2021, the Company entered into and closed the transaction contemplated by another stock purchase agreement (the "Stock Purchase Agreement II") with VEZHONG LIMITED, a British Virgin Islands company, JW Asset Management Limited, a British Virgin Islands company, and Plentiful Limited. Pursuant to the Stock Purchase Agreement II, VEZHONG LIMITED purchased 9,002,000 shares of Series A preferred stock of the Company and JW Asset Management Limited purchased 998,000 shares of Series A preferred stock of the Company, respectively, from Plentiful Limited. The aggregate purchase price for such shares set forth in the Stock Purchase Agreement II is $250,000, or $0.025 per share. Upon the closing, the full purchase price of $250,000 was paid to Plentiful Limited. Accordingly, as a result of the transaction, VEZHONG LIMITED became the controlling shareholder of the Company holding approximately 90.02% of the outstanding voting power of the Company, and JW Asset Management Limited holds 9.98% of the outstanding voting power of the Company.

On December 10, 2021, VEZHONG LIMITED transferred (i) 3,060,680 shares of Series A preferred stock of the Company to VEVEI LIMITED, a British Virgin Islands company, (ii) 2,160,480 shares of Series A preferred stock of the Company to VEYUN LIMITED, a British Virgin Islands company, and (iii) 1,800,400 shares of Series A preferred stock to VEJU LIMITED, a British Virgin Islands company. After the foregoing transfers, VEZHONG continues to hold 1,980,440 shares of Series A preferred stock of the Company. As of December 13, 2021, VEZHONG LIMITED is 44% owned by Mr. De Li, 31% owned by Ms. Lihong Xu and 25% owned by Ms. Yuanjiao Zhou. VEVEI LIMITED has a sole director, Mr. De Li, and is 100% owned by Mr. De Li. VEYUN LIMITED has a sole director, Ms. Lihong Xu, and is 100% owned by Ms. Lihong Xu. VEJU LIMITED has a sole director, Ms. Yuanjiao Zhou, and is 100% owned by Ms. Yuanjiao Zhou.

On March 1, 2022, the Company filed Articles of Merger with the Secretary of State of Nevada to effectuate a merger between the Company and the Company's newly formed, wholly owned subsidiary, WedoTalk Merger Sub, Inc. (the "Merger Sub"). According to the Articles of Merger, effective March 1, 2022, the Merger Sub merged with and into the Company with the Company continuing as the surviving entity (the "Merger"). As permitted by Chapter 92A.180 of Nevada Revised Statutes, the sole purpose of the Merger was to effect a change of the Company's name. Upon the effectiveness of the filing of the Articles of Merger with the Secretary of State of Nevada, which is March 1, 2022, the Company's Amended and Restated Articles of Incorporation were deemed amended to reflect the change in the Company's corporate name from Shentang International, Inc. to WedoTalk Inc. (the "Name Change"). The Company also amended and restated its bylaws to be effective on March 1, 2022 to reflect the Name Change.





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The Company's current business objective is to seek a business combination with an operating company. We intend to use the Company's limited personnel and financial resources in connection with such activities. The Company will utilize its capital stock, debt or a combination of capital stock and debt, in effecting a business combination. It is expected that entering into a business combination may involve the issuance of restricted shares of capital stock.

WedoTalk Inc. f/k/a Shentang International, Inc. has administrative offices located at House 1E1, Zhuoyue Weigang North, Nanshan District, Shenzhen, P.R. China 518000.

The Company's fiscal year end is December 31.

Critical Accounting Policies and Estimates

Our condensed financial statements are prepared in accordance with GAAP. The preparation of these financial statements requires us to make estimates and judgments that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. We base our estimates and judgments on historical experience and other factors that we believe to be reasonable under the circumstances. Materially different results can occur as circumstances change and additional information becomes known, even for estimates and judgments that are not deemed critical.





Going Concern


The accompanying financial statements have been prepared in conformity with GAAP, which contemplate continuation of the Company as a going concern. The Company has not completed its efforts to establish a stabilized source of revenues sufficient to cover operating costs over an extended period of time. These conditions raise substantial doubt as to our ability to continue as a going concern.





Results of Operations



For the three months ended March 31, 2022 compared to the three months ended March 31, 2021.





Revenue


For the three months ended March 31, 2022, the Company generated $0 in revenues. For the three months ended March 31, 2021, the Company generated $0 in revenues.





Expenses


For the three months ended March 31, 2022, we incurred $9,008 in operating expenses as compared to no operating expenses for the three months ended March 31, 2021. This increase is mainly due to the Company paying audit, transfer agent and legal fees during the three months period.





Net loss


For the three months ended March 31, 2022, we incurred a net loss of $6,758 compared to a net loss of $0 for the three months ended March 31, 2021. This increase in net loss is mainly due to the Company paying audit, transfer agent and legal fees during the three months period.

Liquidity and Capital Resources

As of March 31, 2022, the Company has no business operations and no cash resources other than that provided by Management. We are dependent upon interim funding provided by Management or an affiliated party to pay professional fees and expenses. Our Management and our controlling shareholders have agreed to provide funding as may be required to pay for accounting fees and other administrative expenses of the Company until the Company enters into a business combination. The Company would be unable to continue as a going concern without interim financing provided by Management. As of March 31, 2022, we had $0 in cash. As of March 31, 2021, we had $0 in cash.

If we require additional financing, we cannot predict whether equity or debt financing will become available at terms acceptable to us, if at all. The Company depends upon services provided by Management and our controlling shareholders to fulfill its filing obligations under the Exchange Act. At present, the Company has no financial resources to pay for such services.





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The Company does not currently engage in any business activities that provide cash flow. The costs of investigating and analyzing business combinations, maintaining the filing of Exchange Act reports, the investigation, analyzing, and consummation of an acquisition for an unlimited period of time will be paid from additional money contributed by Lei Xu, our sole executive officer and a director, or other affiliated parties.

During the next 12 months we anticipate incurring costs related to:

? filing of Exchange Act reports.

? state franchise fees, registered agent fees, legal fees and accounting fees,

and

? investigating, analyzing and consummating an acquisition or business


  combination.



We believe that we will be able to meet these costs as necessary, to be advanced/loaned to us by Management and/or our controlling shareholders.

On March 31, 2022 and 2021, we have had $0 in current assets and $0 in current assets, respectively. As of March 31, 2022, we had $118,874 in liabilities, consisting of amounts due to related parties and accrued expenses. As of March 31, 2021, we had $36,126 in liabilities.

We had a negative cash flow from operations of $0 during the three months ended March 31, 2022. We had $0 cash flow from operations during the three months ended March 31, 2021. The Company currently plans to satisfy its cash requirements for the next 12 months through borrowings from its CEO or other affiliated parties and believes it can satisfy its cash requirements so long as it is able to obtain financing from these affiliated parties. The Company expects that money borrowed will be used during the next 12 months to satisfy the Company's operating costs, professional fees and for general corporate purposes. There is no written funding agreement between the Company and Ms. Lei Xu, our sole executive officer and a director.

The Company has only limited capital. Additional financing is necessary for the Company to continue as a going concern. Our independent auditor has unqualified audit opinion for the years ended December 31, 2021 and 2020 with an explanatory paragraph on going concern.

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