0001558891-22-000061.txt : 20220719 0001558891-22-000061.hdr.sgml : 20220719 20220719122121 ACCESSION NUMBER: 0001558891-22-000061 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 45 CONFORMED PERIOD OF REPORT: 20220630 FILED AS OF DATE: 20220719 DATE AS OF CHANGE: 20220719 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Tipmefast, Inc. CENTRAL INDEX KEY: 0001726079 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 000000000 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 000-56397 FILM NUMBER: 221090919 BUSINESS ADDRESS: STREET 1: HASHUMURA ST 1 CITY: ZIHRON YA'AKOV STATE: L3 ZIP: 30950 BUSINESS PHONE: 702-761-6769 MAIL ADDRESS: STREET 1: HASHUMURA ST 1 CITY: ZIHRON YA'AKOV STATE: L3 ZIP: 30950 10-Q 1 tpmf-20220630.htm TIPMEFAST, INC - FORM 10-Q SEC FILING TIPMEFAST, INC - Form 10-Q SEC filing
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

FORM 10-Q

 

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

 

 

For the quarterly period ended June 30, 2022

 

Or

 

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

 

 

For the transition period from __________ to __________ 

    

Commission File Number:   333-222880

 

TIPMEFAST, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Nevada

7373

83-4057513

(State or other jurisdiction of

incorporation or organization)

(Primary standard industrial

classification code number)

(IRS employer

identification number)

  

Raid Chalil

HaShnura St 1

ZihronYa’akow, Israel 30950

972-373-70057

(Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices)

 

Byron Thomas, Esq.

3275 S. Jones, Blvd.. Ste 104

Las Vegas Nevada 89146

702 747-3103

 

(Name, address, including zip code, and telephone number, including area code, of agent for service)

 

Copies to:

Byron Thomas, Esq.

3275 S. Jones, Blvd.. Ste 104

Las Vegas Nevada 89146

702 747-3103

 

 

Securities registered pursuant to Section 12(b) of the Act: None

 

Tile of each class

Trading Symbol(s)

Name of each exchange on which registered

N/A

N/A

N/A

 

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes [X] No [ ]

 

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes [ ] No [ X]

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):

 

Large accelerated filer

[ ]

Accelerated filer

[ ]

Non-accelerated filer

[ ]

Smaller reporting company

 

 

Emerging Growth company

 

 

 

 

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  [_]

 

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes No [ ]

 

APPLICABLE ONLY TO CORPORATE ISSUERS:

 

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of  July 12, 2022  is 5,600,000 shares.

 

 


1


 

 

 

TIPMEFAST, INC.

 

 

PART I – FINANCIAL INFORMATION

 

 

 

 

Item 1.

Financial Statements

3

Item 2.

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

14

Item 3.

Quantitative and Qualitative Disclosures about Market Risk

16

Item 4.

Controls and Procedures

16

 

 

 

 

PART II – OTHER INFORMATION

 

 

 

 

Item 1.

Legal Proceedings

17

Item 1A.

Risk Factors

17

Item 2.

Unregistered Sales of Equity Securities and Use of Proceeds

17

Item 3.

Defaults Upon Senior Securities

17

Item 4.

Mine Safety Disclosures

17

Item 5.

Other Information

17

Item 6.

Exhibits

17

 

 

 

Signature

 

18

 

 


2


 

 

 

TIPMEFAST, INC.

 

PART I — FINANCIAL INFORMATION

 

Item 1.  Financial Statements

 

 

 

 

 

INDEX TO UNAUDITED FINANCIAL STATEMENTS

PAGE

 

 

 

 

Balance Sheet at June 30, 2022 (Unaudited) and December 31, 2021

4

 

 

Statement of Operations for the three and six months period ended June 30, 2022 and 2021 (Restated) (Unaudited)

5

 

 

Statement of Statement of Stockholders’ Equity for the three and six months ended June 30, 2022 and 2021 (Restated) (Unaudited)

6

 

 

Statement of Cash Flows for the six months period ended June 30, 2022 and 2021 (Restated) (Unaudited)

7

 

 

Notes to Financial Statements (Unaudited)

8

 

 

 


3


 

 

 

 

TIPMEFAST, INC.

Balance Sheet

 

 

 

 

 

 

 

June 30, 2022

 

 

December 31, 2021

 

 

 

 

 

 

 

 

 

 

 

 

ASSETS

 

 

 

 

 

Current assets

 

 

 

 

 

Cash held in trust

$

                             -   

 

$

                      8,080

Total current assets

 

                             -   

 

 

                      8,080

Total assets

$

                             -   

 

$

                      8,080

 

 

 

 

 

 

LIABILITIES AND STOCKHOLDERS' EQUITY

 

 

 

 

 

Current liabilities

 

 

 

 

 

Accounts payable

$

                       4,320

 

$

                      9,800

Due to related party

 

                       4,050

 

 

                      1,000

Accrued expenses

 

                       2,000

 

 

                            -   

Total current liabilities

 

                     10,370

 

 

                    10,800

Total liabilities

$

                     10,370

 

$

                    10,800

 

 

 

 

 

 

STOCKHOLDERS’ EQUITY:

 

 

 

 

 

Common stock: $0.001 par value, 75,000,000 shares authorized, 5,600,000 and 5,600,000 shares issued and outstanding  as of June 30, 2022 and December 31, 2021, respectively.

 

                       5,600

 

 

                      5,600

Additional paid-in capital

 

                     80,415

 

 

                    80,415

Accumulated deficit

 

                    (96,385)

 

 

                   (88,735)

Total stockholders’ equity

 

                    (10,370)

 

 

                     (2,720)

 

 

 

 

 

 

Total liabilities and stockholders' equity

$

                             -   

 

$

                      8,080

 

 

 

 

 

 

The accompanying notes are an integral part of these financial statements.

 


4


 

 

 

 

TIPMEFAST, INC.

Statement of Operations (Unaudited)

 

 

 

 

 

 

 

 

 

 

 

For the three months ended June 30, 2022

 

For the three months ended June 30, 2021

 

For the six months ended June 30, 2022

 

For the six months ended June 30, 2021

 

 

 

 

(Restated)

 

 

 

(Restated)

REVENUE:

$

                                 -   

$

                                  -   

$

                                  -   

$

                                  -   

EXPENSES:

 

 

 

 

 

 

 

 

General and administrative

 

                           2,000

 

                            1,500

 

                            4,000

 

                            3,000

Professional fees

 

                           3,350

 

                            7,050

 

                            3,650

 

                          12,750

Total expenses

$

5,350

$

8,550

$

7,650

$

15,750

OTHER INCOME (EXPENSE):

 

 

 

 

 

 

 

 

Interest income

 

                                 -   

 

                                  -   

 

                                  -   

 

                                  -   

Total other income (expense)

 

                                 -   

 

                                  -   

 

                                  -   

 

                                  -   

Net loss

$

                          (5,350)

$

                           (8,550)

$

                           (7,650)

$

                         (15,750)

Net loss per common share - basic

$

(0.00)

$

(0.00)

$

(0.00)

$

(0.00)

Weighted average of common shares outstanding - basic

 

                    5,600,000

 

                     5,600,000

 

                     5,600,000

 

                     5,600,000

 

 

 

 

 

 

 

 

 

The accompanying notes are an integral part of these financial statements.


5


 

 

 

TIPMEFAST, INC.

Statement of Stockholders’ Equity

For the three and six months ended June 30, 2021 (Unaudited) (Restated)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   

Common Stock

 

 

 

 

 

 

 

 

 

   

Shares

 

 

Amount

 

 

Additional Paid-in Capital

 

 

Accumulated Deficit

 

 

Total Stockholders’Equity

Balance at December 31, 2020

                  5,600,000

 

$

              5,600

 

$

                   80,415

 

$

                (67,635)

 

$

                       18,380

Net loss (Restated)

                               -   

 

 

                    -   

 

 

                           -   

 

 

                  (7,200)

 

 

                        (7,200)

Balance at March 31, 2021 (Restated)

                  5,600,000

 

$

              5,600

 

$

                   80,415

 

$

                (74,835)

 

$

                       11,180

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at April 1, 2021

                  5,600,000

 

$

              5,600

 

$

                   80,415

 

$

                (74,835)

 

$

                       11,180

Net loss (Restated)

                               -   

 

 

                    -   

 

 

                           -   

 

 

                  (8,550)

 

 

                        (8,550)

Balance at June 30, 2021 (Restated)

                  5,600,000

 

$

              5,600

 

$

                   80,415

 

$

                (83,385)

 

$

                         2,630

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the three and six months ended June 30, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2021

                  5,600,000

 

$

              5,600

 

$

                   80,415

 

$

                (88,735)

 

$

                        (2,720)

Net loss

                               -   

 

 

                    -   

 

 

                           -   

 

 

                  (2,300)

 

 

                        (2,300)

Balance at March 31, 2022

                  5,600,000

 

$

              5,600

 

$

                   80,415

 

$

                (91,035)

 

$

                        (5,020)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at April 1, 2022

                  5,600,000

 

$

              5,600

 

$

                   80,415

 

$

                (91,035)

 

$

                        (5,020)

Net loss

                               -   

 

 

                    -   

 

 

                           -   

 

 

                  (5,350)

 

 

                        (5,350)

Balance at June 30, 2022

                  5,600,000

 

$

              5,600

 

$

                   80,415

 

$

                (96,385)

 

$

                      (10,370)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The accompanying notes are an integral part of these financial statements.


6


 

 

 

TIPMEFAST, INC.

Statement of Cash Flows (Unaudited)

 

 

For the six months ended June 30, 2022

 

For the six months ended June 30, 2021

 

 

 

 

(Restated)

Cash Flows from Operating Activities:

 

 

 

 

Net loss

$

                        (7,650)

$

                        (15,750)

Adjustments to reconcile net loss to net cash used in operating activities:

 

 

 

 

Increase (decrease) in accounts payable

 

                        (5,480)

 

                            2,100

Increase (decrease) in accrued expenses

 

                          2,000

 

                            1,500

Net cash used in operating activities

$

                      (11,130)

$

                        (12,150)

 

 

 

 

 

Cash Flows from Financing Activities:

 

 

 

 

    Proceeds from related party

 

                          3,050

 

                            1,000

Net cash provided by financing activities

$

                          3,050

$

                            1,000

 

 

 

 

 

Net increase in cash, cash equivalents, and restricted cash

 

                        (8,080)

   

                        (11,150)

Cash, cash equivalents, and restricted cash at beginning of year

 

                          8,080

   

                          20,980

Cash, cash equivalents, and restricted cash at end of year

$

                                -   

$

                            9,830

 

 

 

 

 

SUPPLEMENTAL CASH FLOW INFORMATION:

 

 

 

 

Cash paid for interest

$

                                -   

$

                                  -   

Cash paid for income taxes

$

                                -   

$

                                  -   

 

 

 

 

 

The accompanying notes are an integral part of these financial statements.

 

 

 


7


 

 

 

TIPMEFAST, INC.

NOTES TO THE UNAUDITED FINANCIAL STATEMENTS

JUNE 30, 2022

 

NOTE 1 – ORGANIZATION AND NATURE OF BUSINESS

 

TipMeFast, Inc. (“the Company”, “we”, “us” or “our”) was incorporated on December 5, 2017 in the State of Nevada. The Company was created to be the simplest way to get paid or pay anyone from a mobile device. With this application you can pay a bartender, barista, server, musician, valet attendant, concierge, traveling pet groomer, nail technician or pool service but have no cash. The Company is a solution to pay and to get paid without exchanging personal information. 

 

Our executive offices are located at HaShmura St. 1, ZihronYa’akov, Israel.

 

NOTE 2 – GOING CONCERN

 

The accompanying financial statements have been prepared in conformity with generally accepted accounting principles, which contemplate continuation of the Company as a going concern. As a development-stage company, the Company had no revenues and incurred losses as of June 30, 2022. The Company currently has limited working capital, and has not completed its efforts to establish a stabilized source of revenues sufficient to cover operating costs over an extended period of time.

 

Management anticipates that the Company will be dependent, for the near future, on additional investment capital to fund operating expenses The Company intends to position itself so that it will be able to raise additional funds through the capital markets. In light of management’s efforts, there are no assurances that the Company will be successful in this or any of its endeavors or become financially viable and continue as a going concern.

 

NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

 

Basis of presentation

 

The results for the six months ended June 30, 2022 are not necessarily indicative of the results of operations for the full year. These financial statements and related footnotes should be read in conjunction with the consolidated financial statements and footnotes thereto included in the Company’s Annual Report for the year ended December 31, 2021, filed with the Securities and Exchange Commission.

 

The accompanying condensed financial statements have been prepared by the Company without audit. In the opinion of management, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations, and cash flows at June 30, 2022 and for the related periods presented.

 

The accompanying financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America, and pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”) and reflect all adjustments, consisting of normal recurring adjustments, which management believes are necessary to fairly present the financial position, results of operations and cash flows of the Company for the six months ended June 30, 2022.

  

Cash and Cash Equivalents

 

The Company considers all highly liquid investments with the original maturities of six months or less to be cash equivalents. The Company had $0 of cash as at June 30, 2022.

 


8


 

Income Taxes

 

Income taxes are computed using the asset and liability method. Under the asset and liability method, deferred income tax assets and liabilities are determined based on the differences between the financial reporting and tax bases of assets and liabilities and are measured using the currently enacted tax rates and laws. A valuation allowance is provided for the amount of deferred tax assets that, based on available evidence, are not expected to be realized.

 

Revenue Recognition

 

We recognize revenue in accordance with ASC 606, Revenue from Contracts with Customers. The standard’s stated core principle is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. To achieve this core principle, ASC 606 includes provisions within a five-step model that includes identifying the contract with a customer, identifying the performance obligations in the contract, determining the transaction price, allocating the transaction price to the performance obligations, and recognizing revenue when, or as, an entity satisfies a performance obligation.

 

Use of Estimates

 

The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.

  

Fair Value of Financial Instruments

 

AS topic 820 “Fair Value Measurements and Disclosures” establishes a three-tier fair value hierarchy, which prioritizes the inputs in measuring fair value. The hierarchy prioritizes the inputs into three levels based on the extent to which inputs used in measuring fair value are observable in the market.

 

These tiers include:

 

Level 1: defined as observable inputs such as quoted prices in active markets;

 

Level 2: defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and

 

Level 3: defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions.

 

The carrying value of cash approximates its fair value due to its short-term maturity.

 

Stock-Based Compensation

 

Stock-based compensation is accounted for at fair value in accordance with ASC Topic 718. To date, the Company has not adopted a stock option plan and has not granted any stock options.

 

Basic Income (Loss) Per Share

 

The Company computes income (loss) per share in accordance with FASB ASC 260 “Earnings per Share”. Basic loss per share is computed by dividing net income (loss) available to common shareholders by the weighted average number of outstanding common shares during the period. Diluted income (loss) per share gives effect to all dilutive potential common shares outstanding during the period. Dilutive loss per share excludes all potential common shares if their effect is antidilutive. There were no potentially dilutive debt or equity instruments issued or outstanding as of June 30, 2022.

 


9


 

Comprehensive Income

 

Comprehensive income is defined as all changes in stockholders’ deficit, exclusive of transactions with owners, such as capital investments. Comprehensive income includes net income or loss, changes in certain assets and liabilities that are reported directly in equity such as translation adjustments on investments in foreign subsidiaries and unrealized gains (losses) on available-for-sale securities. As of June 30, 2022, there were no differences between our comprehensive loss and net loss.

 

Recent Accounting Pronouncements

 

We have reviewed all the recently issued, but not yet effective, accounting pronouncements and we do not believe any of these pronouncements will have a material impact on the Company.

 

NOTE 4 – STOCKHOLDERS’ EQUITY 

 

The Company has 75,000,000, $0.001 par value shares of common stock authorized.

 

On December 5, 2017, the company issued a total of 3,000,000 common shares to its founder for a cash contribution of $21,000.

 

During the quarter ended December 31, 2018, the company issued a total of 1,170,000 common shares to various investors for cash proceeds of $29,250.

 

During the quarter ended March 31, 2019, the company issued a total of 1,430,000 common shares to various investors for cash proceeds of $35,750. During this shares issue, $35 was received in excess from an investor which has showed in subscription received in balance sheet. It was repaid to the investor subsequently.

 

There were 5,600,000 and 5,600,000 shares of common stock issued and outstanding as of June 30, 2022 and December 31, 2021 respectively. 

 


10


 

 

NOTE 5 – RESTATEMENT

 

The following are previously recorded and restated balances as of June 30, 2021.

 

TIPMEFAST, INC.

 

Restated Statement of Operations

 

(Unaudited)

 

 

 

 

 

 

 

 

 

 

For the six months ended June 30, 2021

 

For the six months ended June 30, 2021

 

For the six months ended June 30, 2021

 

 

 

(As Previously Reported)

 

(Restatement Adjustments)

 

(As Restated)

 

 

 

 

 

 

 

 

 

REVENUE:

$

                      -   

$

                       -   

$

                         -   

 

 

 

 

 

 

 

 

 

EXPENSES:

 

 

 

 

 

 

 

General and administrative

 

                3,000

 

                       -   

 

                   3,000

 

Professional fees

 

                11,150

 

                    1,600

 

                   12,750

 

Total expenses

 

14,150

 

1,600

 

15,750

 

 

 

 

 

 

 

 

 

OTHER INCOME (EXPENSE):

 

 

 

 

 

 

 

Interest Income

 

                      -   

 

                       -   

 

                         -   

 

Total other income (expense)

 

                      -   

 

                       -   

 

                         -   

 

 

 

 

 

 

 

 

 

Net loss

$

              (14,150)

$

                   (1,600)

$

                  (15,750)

 

 

 

 

 

 

 

 

 

Net loss per common share - basic

$

(0.00)

$

(0.00)

$

(0.00)

 

Weighted average of common shares outstanding - basic

 

         5,600,000

 

          5,600,000

 

            5,600,000

 

 

 

 

 

 

 

 

 

The accompanying notes are an integral part of these financial statements.

 

 

 


11


 

 

 

TIPMEFAST, INC.

 

Restated Statement of Cash Flows

 

(Unaudited)

 

 

 

 

 

 

 

 

 

 

For the six months ended June 30, 2021

 

For the six months ended June 30, 2021

 

For the six months ended June 30, 2021

 

 

 

(As Previously Reported)

 

(Restatement Adjustments)

 

(As Restated)

 

Cash Flows from Operating Activities:

 

 

 

 

 

 

 

Net loss

$

            (14,150)

$

                 (1,600)

$

            (15,750)

 

Adjustments to reconcile net loss to net cash used in operating activities:

 

 

 

 

 

 

 

Increase (decrease) in accounts payable

 

                1,500

 

                      600

 

                2,100

 

Increase (decrease) in accrued expenses

 

                1,500

 

                        -   

 

                1,500

 

Net cash used in operating activities

$

            (11,150)

$

                 (1,000)

$

            (12,150)

 

 

 

 

 

 

 

 

 

Cash Flows from Financing Activities:

 

 

 

 

 

 

 

    Proceeds from related party

 

                      -   

 

                   1,000

 

                1,000

 

Net cash provided by financing activities

$

                      -   

$

                   1,000

$

                1,000

 

 

 

 

 

 

 

 

 

Net increase in cash, cash equivalents, and restricted cash

 

            (11,150)

   

                        -   

   

            (11,150)

 

Cash, cash equivalents, and restricted cash at beginning of year

 

              20,980

   

                        -   

   

              20,980

 

Cash, cash equivalents, and restricted cash at end of year

$

                9,830

$

                        -   

$

                9,830

 

 

 

 

 

 

 

 

 

SUPPLEMENTAL CASH FLOW INFORMATION:

 

 

 

 

 

 

 

Cash paid for interest

$

                      -   

$

                        -   

$

                      -   

 

Cash paid for income taxes

$

                      -   

$

                        -   

$

                      -   

 

 

 

 

 

 

 

 

 

The accompanying notes are an integral part of these financial statements.

 

 


12


 

NOTE 6 – RELATED PARTY TRANSACTIONS

 

On May 06, 2022, Company received $300 from Raid Chalil, President and Director of the company as a loan. These loans were unsecured, noninterest bearing and due on demand.

 

On May 25, 2022, Company received $2,750 from Raid Chalil, President and Director of the company as a loan. These loans were unsecured, noninterest bearing and due on demand.

 

As at June 30,2022 and December 31, 2021, the Company owed $4,050 and $1,000, respectively to Raid Chalil, President and Director of the Company, which is unsecured, non-interest bearing and due on demand.

 

NOTE 7 – SUBSEQUENT EVENTS

 

The Company evaluated all events or transactions that occurred after June 30, 2022 through July 12, 2022. The Company determined that it does not have any subsequent event requiring recording or disclosure in the financial statements for the period ended June 30, 2022.


13


 

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations.

 

The following discussion of our financial condition and results of operations should be read in conjunction with (i) our audited financial statement as of June 30, 2022, that appear elsewhere in this registration statement. This registration statement contains certain forward-looking statements and our future operating results could differ materially from those discussed herein. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. We disclaim any obligation to update any such factors or to announce publicly the results of any revisions of the forward -looking statements contained herein to reflect future events or developments.

 

Going Concern

 

The future of our company is dependent upon its ability to obtain financing and upon future profitable operations from the sale of products and services through our websites. Management has plans to seek additional capital through a private placement and public offering of its common stock, if necessary. Our auditors have expressed a going concern opinion which raises substantial doubts about the Issuers ability to continue as a going concern.

 

Plan of Operation

 

Liquidity and Capital Resources

 

As of June 30, 2022, the company has $0 in total assets. These assets are in the form of cash held in trust $0. As of June 30, 2022 the company has $10,370 in liabilities and an accumulated deficit of $96,385. As of December 31, 2021, the company has $8,080 in total assets in the form of cash held in trust $8,080. As of December 31, 2021, the company has $10,800 in liabilities and an accumulated deficit of $88,735.

 

Net cash used in operating activities for the six months period ended June 30, 2022 and 2021 was $11,130 and $12,150 respectively. Cash flows from financing activities for the six months period ended June 30, 2022 and 2021 was $3,050 and $1,000 respectively. 

 

We have no material commitments for the next twelve months. We will however require additional capital to meet our liquidity needs. Currently, the Company has determined that its anticipated monthly cash flow needs should not exceed of $6,000 per month for the first 6 months of 2021. Expenses are expected to increase marginally in the second half of 2022.

 

It is anticipated that the app can be completed and operational in approximately 6 months and a full marketing campaign in place within 3 months after that. In the even that the full proceeds of the offering are not raised, the timing of the rollout will be slowed as discussed above in Business.

The Company’s projected capital needs and its projected increase in expenses are based upon the Company’s projected roll-out of generating sites over the coming twelve months, however, in the event that the full offering proceeds are not raised, the Company would roll-out new of generating sites at a slower pace and/or focus its energies on the refinement of existing sites to maximum their productivity. The Company’s success does not depend on a scheduled roll-out and therefore it has flexibility to scale back its expenses to meet actual income.

 

It is anticipated that the company will receive increasing revenues from operations in the coming year, however, since the Company has not earned any revenues to date, it is difficult to anticipate what those revenues might be, if any, and therefore, management has assumed for planning purposes only that it may need to sell common stock, take loans or advances from officers, directors or shareholders or enter into debt financing agreements in order to meet our cash needs over the coming twelve months. The Issuer has no agreements or understandings for any of the above-listed financing options.

 

 

The Company has no intention in investing in short-term or long-term discretionary financial programs of any kind.

    


14


 

Results of Operations

 

Overview for the three months ended June 30, 2022 and 2021

 

Lack of Revenues

 

We have limited operational history. For the three months ended June 30, 2022 and 2021 we did not generate any revenues. We anticipate that we will incur substantial losses for the foreseeable future and our ability to generate any revenues in the next 12 months continues to be uncertain.

Operating Expenses

The Company’s operating expenses for the three months ended June 30, 2022 and 2021 were $5,350 and $8,550 respectively. Operating expenses consisted of professional fees $3,350 and general and administrative expenses $2,000 for the three months ended June 30, 2022. Operating expenses consisted of professional fees $7,050 and general and administrative expenses $1,500 for the three months ended June 30, 2021.

Net Loss

 

During the three months ended June 30, 2022 and 2021 the Company incurred a net loss of $5,350 and $8,550 respectively.

 

Overview for the six months ended June 30, 2022 and 2021

 

Lack of Revenues

 

We have limited operational history. For the six months ended June 30, 2022 and 2021 we did not generate any revenues. We anticipate that we will incur substantial losses for the foreseeable future and our ability to generate any revenues in the next 12 months continues to be uncertain.

Operating Expenses

The Company’s operating expenses for the six months ended June 30, 2022 and 2021 were $7,650 and $15,750 respectively. Operating expenses consisted of professional fees $3,650 and general and administrative expenses $4,000 for the six months ended June 30, 2022. Operating expenses consisted of professional fees $12,750 and general and administrative expenses $3,000 for the six months ended June 30, 2021.

Net Loss

 

During the six months ended June 30, 2022 and 2021 the Company incurred a net loss of $7,650 and $15,750 respectively.

  

The company recorded a net loss of $96,385 for the period from inception on December 5, 2017, to June 30, 2022.

 

Our independent registered public accounting firm has expressed a going concern opinion which raises substantial doubts about our ability to continue as a going concern, due to the limited nature of the Company’s operations to date, the Company does not believe that past performance is any indication of future performance. The impact on the Company’s revenue’s of recognized trends and uncertainties in our market will not be recognized until such time as the Company has had sufficient operations to provide a baseline.

 

Off-Balance Sheet Arrangements

 

We do not have any 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 that are material to investors.

 

Critical Accounting Policies

 

Our financial statements and accompanying notes have been prepared in accordance with United States generally accepted accounting principles applied on a consistent basis. The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods.

 

We regularly evaluate the accounting policies and estimates that we use to prepare our financial statements. In general, management’s estimates are based on historical experience, on information from third party professionals, and on various other assumptions that are believed to be reasonable under the facts and circumstances. Actual results could differ from those estimates made by management.

 

Equipment, Furniture and Leasehold Improvements. Equipment, furniture and leasehold improvements are recorded at cost and depreciated on a straight-line basis over the lesser of their estimated useful lives, ranging from three to seven years, or the life of the lease, as appropriate.


15


 

Impairment of Long-Lived Assets. Long-lived assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of assets to be held

and used is measured by a comparison of the carrying amount of the assets to the future net cash flows expected to be generated by such assets. If such assets are considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the assets exceeds the discounted expected future net cash flows from the assets.

 

Revenue Recognition. The Company recognizes revenue when all four of the following criteria are met: (i) persuasive evidence that an arrangement exists; (ii) delivery of the products and/or services has occurred; (iii) the fees earned can be readily determined; and (iv) collectability of the fees is reasonably assured.

 

Loss Per Common Share. Basic net loss per share is calculated by dividing the net loss by the weighted-average number of common shares outstanding for the period, without consideration for common stock equivalents. As of June 30, 2022 there were no share equivalents outstanding.

 

Item 3. Quantitative and Qualitative Disclosures about Market Risk.

 

Not Applicable to Smaller Reporting Companies.

 

Item 4. Controls and Procedures.

 

EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES

 

As required by Rule 13a-15/15d-15 under the Securities and Exchange Act of 1934,as amended (the "Exchange Act"), as of June 30, 2022, we have carried out an evaluation of the effectiveness of the design and operation of our Company's disclosure controls and procedures. This evaluation was carried out under the supervision and with the participation of our Company's management, our President (Principal Executive Officer) and Treasurer (Principal Accounting Officer). Based upon the results of that evaluation, our management has concluded that, as of a June 30, 2022, our Company's disclosure controls and procedures were not effective and do not provide reasonable assurance that material information related to our Company required to be disclosed in the reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the SEC's rules and forms, and that such information is accumulated and communicated to management to allow timely decisions on required disclosure.

 

MANAGEMENT'S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING

 

Management is responsible for establishing and maintaining adequate internal control over financial reporting as defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act. Our internal control system is designed to provide reasonable assurance to our management and board of directors regarding the reliability of financial reporting and the preparation of financial statements for external reporting purposes in accordance with generally accepted accounting principles. Our internal control over financial reporting includes those policies and procedures that:

 

 

·

Pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the Company;

 

·

Provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles in the United States of America, and that receipts and expenditures of the Company are being made only in accordance with authorizations of management and directors of the Company; and

 

·

Provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of the Company's assets that could have a material effect on the financial statements.

 

Management assessed the effectiveness of our internal control over financial reporting as of June 30, 2022. In making this assessment, we used the criteria set forth by the Committee of Sponsoring Organizations of the Treadway Commission (COSO) in INTERNAL CONTROL -- INTEGRATED FRAMEWORK.

 


16


 

Our management concluded that, as of June 30, 2022, our internal control over financial reporting was effective based on the criteria in INTERNAL CONTROL -- INTEGRATED FRAMEWORK issued by the COSO.

 

This quarterly report does not include an attestation report of the Company's independent registered public accounting firm regarding internal control over financial reporting. Management's report was not subject to attestation by the Company's independent registered public accounting firm pursuant to rules of the SEC that permit the Company to provide only management's report in this annual report.

 

CHANGES IN INTERNAL CONTROL OVER FINANCIAL REPORTING

 

There were no changes in our internal control over financial reporting identified in connection with the evaluation described above during the second quarter ended June 30, 2022 that has materially affected or is reasonably likely to materially affect our internal controls over financial reporting.

 

PART II.  OTHER INFORMATION

 

Item 1.  Legal Proceedings.

  

There are no legal actions pending against us nor any legal actions contemplated by us at this time.

 

Item 1A. Risk Factors

 

As a smaller reporting company (as defined in Rule 12b-2 of the Exchange Act), we are not required to provide the information called for by this Item 1A.

  

Item 2.  Unregistered Sales of Equity Securities and Use of Proceeds.

 

None

 

Item 3. Defaults Upon Senior Securities.

 

None

 

Item 4. Mine Safety Disclosures.

 

Not Applicable

 

Item 5. Other Information.

 

None

 

Item 6. Exhibits

 

Exhibit 31.1

-

Certification of Chief Executive Officer of TipMeFast, Inc. required by Rule 13a-14(1) or Rule 15d-14(a) of the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

Exhibit 31.2

-

Certification of Chief Financial Officer of TipMeFast, Inc. required by Rule 13a-14(1) or Rule 15d-14(a) of the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

Exhibit 32.1

-

Certification of Chief Executive Officer of TipMeFast, Inc. pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 and Section 1350 of 18 U.S.C. 63.

Exhibit 32.2

-

Certification of Chief Financial Officer of TipMeFast, Inc. pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 and Section 1350 of 18 U.S.C. 63.

 

 

 


17


 

 

Signatures

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. 

 

 

 

TipMeFast, Inc..

 

 

 Date : July 19, 2022

By: /s/ Raid Chalil                                                              

 

Raid Chalil, President, Secretary, Treasurer, CEO, Principal Executive Officer, Chief Financial Officer, Director

 


18

 

EX-31.1 2 tpmf_ex31z1.htm

Exhibit 31.1

 

TipMeFast, Inc.

Certification Pursuant to Rule 13a-14(a)

Section 302 Certification

 

I, Raid Chalil, the Chief Executive Officer of TipMeFast, Inc., certify that:

 

1.     I have reviewed the quarterly report on Form 10-Q of TipMeFast, Inc., for the six months ended June 30, 2022;

 

2.     Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

3.     Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, the results of operations and cash flows of the small business issuer as of, and for, the periods presented in this report;

 

4.     The issuer's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f) for the for the issuer and have:

 

(a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the issuer, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

(b) evaluated the effectiveness of the issuer's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

 

(c) disclosed in this report any change in the small business issuer's internal control over financial reporting that occurred during the issuer's most recent fiscal quarter (the issuer's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the issuer's internal control over financial reporting; and

 

5.     The issuer's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the small business issuer's auditors and the audit committee of the small business issuer's board of directors (or persons performing the equivalent functions):

 

(a) all significant deficiencies in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the issuer's ability to record, process, summarize and report financial information; and

(b) any fraud, whether or not material, that involves management or other employees who have a significant role in the issuer's internal control over financial reporting.

 

Date: July 19, 2022

 

TipMeFast, Inc

 
   
By:    /s/ Raid Chalil         
Raid Chalil,  
Chief Executive Officer  
   

 

 

 

 

 

EX-31.2 3 tpmf_ex31z2.htm

 

Exhibit 31.2

TipMeFast, Inc.

Certification Pursuant to Rule 13a-14(a)

Section 302 Certification

 

I, Raid Chalil, the Chief Financial Officer of TipMeFast, Inc., certify that:

 

1.     I have reviewed the quarterly report on Form 10-Q of TipMeFast, Inc., for the six months ended June 30, 2022;

 

2.     Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

3.     Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, the results of operations and cash flows of the small business issuer as of, and for, the periods presented in this report;

 

4.     The issuer's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f) for the for the issuer and have:

 

(a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the issuer, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

(b) evaluated the effectiveness of the issuer's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

 

(c) disclosed in this report any change in the small business issuer's internal control over financial reporting that occurred during the issuer's most recent fiscal quarter (the issuer's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the issuer's internal control over financial reporting; and

 

5.     The issuer's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the small business issuer's auditors and the audit committee of the small business issuer's board of directors (or persons performing the equivalent functions):

 

(a) all significant deficiencies in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the issuer's ability to record, process, summarize and report financial information; and

(b) any fraud, whether or not material, that involves management or other employees who have a significant role in the issuer's internal control over financial reporting.

 

Date: July 19, 2022

 

TipMeFast, Inc.

 
   
By:    /s/ Raid Chalil         
Raid Chalil,  
Chief Financial Officer  
   

 

 

 

EX-32.1 4 tpmf_ex32z1.htm

 

Exhibit 32.1

 

TipMeFast, Inc.

Certification Pursuant to 18 U.S.C. § 1350

Section 906 Certifications

 

Pursuant to 18 U.S.C. § 1350, as enacted by Section 906 of the Sarbanes-Oxley Act of 2002 (Public Law 107-204), the undersigned, Raid Chalil, the Chief Executive Officer of TipMeFast, Inc., (the "Company"), hereby certify that:

 

1.     The Company's Quarterly Report on Form 10-Q for the six months ended June 30, 2022, as filed with the U.S. Securities and Exchange Commission on the date hereof (the "Report"), fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

 

2.     The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

 

This Certification is signed on July 19, 2022.

 

TipMeFast, Inc.  
   
By:    /s/ Raid Chalil         
Raid Chalil,  
Chief Executive Officer  
   

 

A signed original of this written statement required by Section 906 has been provided to TipMeFast, Inc. and will be retained by TipMeFast, Inc. and furnished to the Securities and Exchange Commission or its staff upon request.

  

 

 

 

EX-32.2 5 tpmf_ex32z2.htm

 

Exhibit 32.2

 

TipMeFast, Inc.

Certification Pursuant to 18 U.S.C. § 1350

Section 906 Certifications

 

Pursuant to 18 U.S.C. § 1350, as enacted by Section 906 of the Sarbanes-Oxley Act of 2002 (Public Law 107-204), the undersigned, Raid Chalil, the Chief Financial Officer of TipMeFast, Inc., (the "Company"), hereby certify that:

 

1.     The Company's Quarterly Report on Form 10-Q for the six months ended June 30, 2022, as filed with the U.S. Securities and Exchange Commission on the date hereof (the "Report"), fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

 

2.     The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

 

This Certification is signed on July 19, 2022.

 

TipMeFast, Inc.  
   
By:    /s/ Raid Chalil         
Raid Chalil,  
Chief Financial Officer  
   

 

A signed original of this written statement required by Section 906 has been provided to TipMeFast, Inc. and will be retained by TipMeFast, Inc. and furnished to the Securities and Exchange Commission or its staff upon request.

  

 

 

 

 

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Policies Related Party Transactions Going Concern Net cash used in operating activities Net cash used in operating activities Statement [Line Items] Common Stock, Shares, Outstanding Entity Address, Country Revision of Prior Period [Axis] Cash And Cash Equivalents Basis Of Presentation Total expenses Total expenses Entity Address, City or Town Document Type Tables/Schedules Fair Value Of Financial Istruments Summary Of Significant Accounting Policies Net increase in cash, cash equivalents, and restricted cash Net increase in cash, cash equivalents, and restricted cash Net loss per common share - basic Total current liabilities Total current liabilities Amendment Flag Entity Address, Address Line One Entity Tax Identification Number Loans Payable {1} Loans Payable Stockholders' Equity Additional Paid-in Capital Founder Represents the Founder, during the indicated time period. Proceeds from related party Net loss Net loss OTHER INCOME (EXPENSE) Common Stock, Shares, Issued Common Stock, Par or Stated Value Per Share Accumulated deficit Current liabilities Document Transition Report Summary Of Restatement Total other income (expense) Total other income (expense) General and administrative Total assets Total assets Entity Common Stock, Shares Outstanding Entity Filer Category Short-Term Debt, Type [Axis] Net loss per common share - basic {1} Net loss per common share - basic Title of Individual Subsequent Events Net cash provided by financing activities Net cash provided by financing activities Common Stock LIABILITIES AND STOCKHOLDERS' EQUITY Total current assets Total current assets Entity Address, Address Line Two Revision of Prior Period, Adjustment Proceeds from Issuance of Common Stock Income Taxes Cash, cash equivalents, and restricted cash at beginning of year Cash, cash equivalents, and restricted cash at beginning of year Cash, cash equivalents, and restricted cash at end of year Cash Flows from Operating Activities Interest income EXPENSES Total liabilities and stockholders' equity Total liabilities and stockholders' equity Total liabilities Total liabilities ASSETS Fiscal Year End Related Party Description Raid Chalil, President And Director Related Party [Axis] Previously Reported Title of Individual [Axis] Equity Component Statement REVENUE Current assets Entity Address, Postal Zip Code Weighted average of common shares outstanding - basic STOCKHOLDERS' EQUITY Local Phone Number Securities Act File Number Details Recent Accounting Pronouncements Notes Cash Flows from Financing Activities Document Fiscal Period Focus Entity Emerging Growth Company Phone Fax Number Description Stock-Based Compensation Equity Balance Equity Balance Equity Balance Common stock: $0.001 par value, 75,000,000 shares authorized, 5,600,000 and 5,600,000 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively Accounts payable Entity Interactive Data Current Document Quarterly Report Use Of Estimates SUPPLEMENTAL CASH FLOW INFORMATION Increase (decrease) in accounts payable Total stockholders' equity Total stockholders' equity Entity Shell Company Entity Current Reporting Status Stock Issued During Period, Shares, New Issues Variuos Investor Represents the Variuos Investor, during the indicated time period. Comprehensive Income Basic Income (Loss) Per Share Organization And Nature Of Business Retained Earnings Equity Components [Axis] Common Stock, Shares Authorized Due to related party Document Fiscal Year Focus Entity Incorporation, State or Country Code Document Period End Date EX-101.PRE 9 tpmf-20220630_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT EX-101.SCH 10 tpmf-20220630.xsd XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 000260 - Disclosure - Stockholders' Equity (Details) link:presentationLink link:definitionLink link:calculationLink 000200 - Disclosure - Summary Of Significant Accounting Policies: Stock-Based Compensation (Policies) link:presentationLink link:definitionLink link:calculationLink 000060 - Statement - Statement of Cash Flows link:presentationLink link:definitionLink link:calculationLink 000250 - Disclosure - Summary Of Significant Accounting Policies: Cash And Cash Equivalents (Details) link:presentationLink link:definitionLink link:calculationLink 000270 - Disclosure - Restatement: Summary Of Restatement (Details) link:presentationLink link:definitionLink link:calculationLink 000230 - Disclosure - Summary Of Significant Accounting Policies: Recent Accounting Pronouncements (Policies) link:presentationLink link:definitionLink link:calculationLink 000220 - Disclosure - Summary Of Significant Accounting Policies: Comprehensive Income (Policies) link:presentationLink link:definitionLink link:calculationLink 000030 - Statement - Balance Sheet - Parenthetical link:presentationLink link:definitionLink link:calculationLink 000190 - Disclosure - Summary Of Significant Accounting Policies: Fair Value Of Financial Istruments (Policies) link:presentationLink link:definitionLink link:calculationLink 000090 - Disclosure - Summary Of Significant Accounting Policies link:presentationLink link:definitionLink link:calculationLink 000040 - Statement - Statement of Operations link:presentationLink link:definitionLink link:calculationLink 000160 - Disclosure - Summary Of Significant Accounting Policies: Income Taxes (Policies) link:presentationLink link:definitionLink link:calculationLink 000110 - Disclosure - Restatement link:presentationLink link:definitionLink link:calculationLink 000150 - Disclosure - Summary Of Significant Accounting Policies: Cash And Cash Equivalents (Policies) link:presentationLink link:definitionLink link:calculationLink 000240 - Disclosure - Restatement: Summary Of Restatement (Tables) link:presentationLink link:definitionLink link:calculationLink 000080 - Disclosure - Going Concern link:presentationLink link:definitionLink link:calculationLink 000280 - Disclosure - Related Party Transactions (Details) link:presentationLink link:definitionLink link:calculationLink 000010 - Document - Document and Entity Information link:presentationLink link:definitionLink link:calculationLink 000050 - Statement - Statement of Stockholders' Equity link:presentationLink link:definitionLink link:calculationLink 000120 - Disclosure - Related Party Transactions link:presentationLink link:definitionLink link:calculationLink 000100 - Disclosure - Stockholders' Equity link:presentationLink link:definitionLink link:calculationLink 000210 - Disclosure - Summary Of Significant Accounting Policies: Basic Income (Loss) Per Share (Policies) link:presentationLink link:definitionLink link:calculationLink 000170 - Disclosure - Summary Of Significant Accounting Policies: Revenue Recognition (Policies) link:presentationLink link:definitionLink link:calculationLink 000140 - Disclosure - Summary Of Significant Accounting Policies: Basis Of Presentation (Policies) link:presentationLink link:definitionLink link:calculationLink 000070 - Disclosure - Organization And Nature Of Business link:presentationLink link:definitionLink link:calculationLink 000180 - Disclosure - Summary Of Significant Accounting Policies: Use Of Estimates (Policies) link:presentationLink link:definitionLink link:calculationLink 000130 - Disclosure - Subsequent Events link:presentationLink link:definitionLink link:calculationLink 000020 - Statement - Balance Sheet link:presentationLink link:definitionLink link:calculationLink XML 11 R1.htm IDEA: XBRL DOCUMENT v3.22.2
Document and Entity Information - shares
6 Months Ended
Jun. 30, 2022
Jul. 12, 2022
Details    
Registrant CIK 0001726079  
Fiscal Year End --12-31  
Document Type 10-Q  
Document Quarterly Report true  
Document Period End Date Jun. 30, 2022  
Document Transition Report false  
Securities Act File Number 333-222880  
Entity Registrant Name TIPMEFAST, INC  
Entity Incorporation, State or Country Code NV  
Entity Tax Identification Number 83-4057513  
Entity Address, Address Line One Raid Chalil  
Entity Address, Address Line Two HaShnura St  
Entity Address, City or Town ZihronYa’akow  
Entity Address, Country IL  
Entity Address, Postal Zip Code 30950  
City Area Code 972  
Local Phone Number 373-70057  
Phone Fax Number Description Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices  
Entity Current Reporting Status Yes  
Entity Interactive Data Current No  
Entity Filer Category Non-accelerated Filer  
Entity Small Business true  
Entity Emerging Growth Company false  
Entity Shell Company true  
Entity Common Stock, Shares Outstanding   5,600,000
Amendment Flag false  
Document Fiscal Year Focus 2022  
Document Fiscal Period Focus Q2  
XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.2
Balance Sheet - USD ($)
Jun. 30, 2022
Dec. 31, 2021
Current assets    
Cash held in trust $ 0 $ 8,080
Total current assets 0 8,080
Total assets 0 8,080
Current liabilities    
Accounts payable 4,320 9,800
Due to related party 4,050 1,000
Accrued expenses 2,000 0
Total current liabilities 10,370 10,800
Total liabilities 10,370 10,800
STOCKHOLDERS' EQUITY    
Common stock: $0.001 par value, 75,000,000 shares authorized, 5,600,000 and 5,600,000 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively 5,600 5,600
Additional paid-in capital 80,415 80,415
Accumulated deficit (96,385) (88,735)
Total stockholders' equity (10,370) (2,720)
Total liabilities and stockholders' equity $ 0 $ 8,080
XML 13 R3.htm IDEA: XBRL DOCUMENT v3.22.2
Balance Sheet - Parenthetical - $ / shares
Jun. 30, 2022
Dec. 31, 2021
Details    
Common Stock, Par or Stated Value Per Share $ 0.001 $ 0.001
Common Stock, Shares Authorized 75,000,000 75,000,000
Common Stock, Shares, Issued 5,600,000 5,600,000
Common Stock, Shares, Outstanding 5,600,000 5,600,000
XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.2
Statement of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Details        
REVENUE $ 0 $ 0 $ 0 $ 0
EXPENSES        
General and administrative 2,000 1,500 4,000 3,000
Professional fees 3,350 7,050 3,650 12,750
Total expenses 5,350 8,550 7,650 15,750
OTHER INCOME (EXPENSE)        
Interest income 0 0 0 0
Total other income (expense) 0 0 0 0
Net loss $ (5,350) $ (8,550) $ (7,650) $ (15,750)
Net loss per common share - basic $ (0.00) $ (0.00) $ (0.00) $ (0.00)
Weighted average of common shares outstanding - basic 5,600,000 5,600,000 5,600,000 5,600,000
XML 15 R5.htm IDEA: XBRL DOCUMENT v3.22.2
Statement of Stockholders' Equity - USD ($)
Common Stock
Additional Paid-in Capital
Retained Earnings
Total
Equity Balance at Dec. 31, 2020 $ 5,600 $ 80,415 $ (67,635) $ 18,380
Equity Balance, shares at Dec. 31, 2020 5,600,000      
Net loss $ 0 0 (7,200) (7,200)
Equity Balance, shares at Mar. 31, 2021 5,600,000      
Equity Balance at Mar. 31, 2021 $ 5,600 80,415 (74,835) 11,180
Equity Balance at Dec. 31, 2020 $ 5,600 80,415 (67,635) 18,380
Equity Balance, shares at Dec. 31, 2020 5,600,000      
Net loss       (15,750)
Equity Balance, shares at Jun. 30, 2021 5,600,000      
Equity Balance at Jun. 30, 2021 $ 5,600 80,415 (83,385) 2,630
Equity Balance at Mar. 31, 2021 $ 5,600 80,415 (74,835) 11,180
Equity Balance, shares at Mar. 31, 2021 5,600,000      
Net loss $ 0 0 (8,550) (8,550)
Equity Balance, shares at Jun. 30, 2021 5,600,000      
Equity Balance at Jun. 30, 2021 $ 5,600 80,415 (83,385) 2,630
Equity Balance at Dec. 31, 2021 $ 5,600 80,415 (88,735) (2,720)
Equity Balance, shares at Dec. 31, 2021 5,600,000      
Net loss $ 0 0 (2,300) (2,300)
Equity Balance, shares at Mar. 31, 2022 5,600,000      
Equity Balance at Mar. 31, 2022 $ 5,600 80,415 (91,035) (5,020)
Equity Balance at Dec. 31, 2021 $ 5,600 80,415 (88,735) (2,720)
Equity Balance, shares at Dec. 31, 2021 5,600,000      
Net loss       (7,650)
Equity Balance, shares at Jun. 30, 2022 5,600,000      
Equity Balance at Jun. 30, 2022 $ 5,600 80,415 (96,385) (10,370)
Equity Balance at Mar. 31, 2022 $ 5,600 80,415 (91,035) (5,020)
Equity Balance, shares at Mar. 31, 2022 5,600,000      
Net loss $ 0 0 (5,350) (5,350)
Equity Balance, shares at Jun. 30, 2022 5,600,000      
Equity Balance at Jun. 30, 2022 $ 5,600 $ 80,415 $ (96,385) $ (10,370)
XML 16 R6.htm IDEA: XBRL DOCUMENT v3.22.2
Statement of Cash Flows - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2022
Mar. 31, 2022
Jun. 30, 2021
Mar. 31, 2021
Jun. 30, 2022
Jun. 30, 2021
Cash Flows from Operating Activities            
Net loss $ (5,350) $ (2,300) $ (8,550) $ (7,200) $ (7,650) $ (15,750)
Adjustments to reconcile net loss to net cash used in operating activities            
Increase (decrease) in accounts payable         (5,480) 2,100
Increase (decrease) in accrued expenses         2,000 1,500
Net cash used in operating activities         (11,130) (12,150)
Cash Flows from Financing Activities            
Proceeds from related party         3,050 1,000
Net cash provided by financing activities         3,050 1,000
Net increase in cash, cash equivalents, and restricted cash         (8,080) (11,150)
Cash, cash equivalents, and restricted cash at beginning of year   $ 8,080   $ 20,980 8,080 20,980
Cash, cash equivalents, and restricted cash at end of year $ 0   $ 9,830   0 9,830
SUPPLEMENTAL CASH FLOW INFORMATION            
Cash paid for interest         0 0
Cash paid for income taxes         $ 0 $ 0
XML 17 R7.htm IDEA: XBRL DOCUMENT v3.22.2
Organization And Nature Of Business
6 Months Ended
Jun. 30, 2022
Notes  
Organization And Nature Of Business

NOTE 1 – ORGANIZATION AND NATURE OF BUSINESS

 

TipMeFast, Inc. (“the Company”, “we”, “us” or “our”) was incorporated on December 5, 2017 in the State of Nevada. The Company was created to be the simplest way to get paid or pay anyone from a mobile device. With this application you can pay a bartender, barista, server, musician, valet attendant, concierge, traveling pet groomer, nail technician or pool service but have no cash. The Company is a solution to pay and to get paid without exchanging personal information. 

 

Our executive offices are located at HaShmura St. 1, ZihronYa’akov, Israel.

XML 18 R8.htm IDEA: XBRL DOCUMENT v3.22.2
Going Concern
6 Months Ended
Jun. 30, 2022
Notes  
Going Concern

NOTE 2 – GOING CONCERN

 

The accompanying financial statements have been prepared in conformity with generally accepted accounting principles, which contemplate continuation of the Company as a going concern. As a development-stage company, the Company had no revenues and incurred losses as of June 30, 2022. The Company currently has limited working capital, and has not completed its efforts to establish a stabilized source of revenues sufficient to cover operating costs over an extended period of time.

 

Management anticipates that the Company will be dependent, for the near future, on additional investment capital to fund operating expenses The Company intends to position itself so that it will be able to raise additional funds through the capital markets. In light of management’s efforts, there are no assurances that the Company will be successful in this or any of its endeavors or become financially viable and continue as a going concern.

XML 19 R9.htm IDEA: XBRL DOCUMENT v3.22.2
Summary Of Significant Accounting Policies
6 Months Ended
Jun. 30, 2022
Notes  
Summary Of Significant Accounting Policies

NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

 

Basis of presentation

 

The results for the six months ended June 30, 2022 are not necessarily indicative of the results of operations for the full year. These financial statements and related footnotes should be read in conjunction with the consolidated financial statements and footnotes thereto included in the Company’s Annual Report for the year ended December 31, 2021, filed with the Securities and Exchange Commission.

 

The accompanying condensed financial statements have been prepared by the Company without audit. In the opinion of management, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations, and cash flows at June 30, 2022 and for the related periods presented.

 

The accompanying financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America, and pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”) and reflect all adjustments, consisting of normal recurring adjustments, which management believes are necessary to fairly present the financial position, results of operations and cash flows of the Company for the six months ended June 30, 2022.

  

Cash and Cash Equivalents

 

The Company considers all highly liquid investments with the original maturities of six months or less to be cash equivalents. The Company had $0 of cash as at June 30, 2022.

 

 

Income Taxes

 

Income taxes are computed using the asset and liability method. Under the asset and liability method, deferred income tax assets and liabilities are determined based on the differences between the financial reporting and tax bases of assets and liabilities and are measured using the currently enacted tax rates and laws. A valuation allowance is provided for the amount of deferred tax assets that, based on available evidence, are not expected to be realized.

 

Revenue Recognition

 

We recognize revenue in accordance with ASC 606, Revenue from Contracts with Customers. The standard’s stated core principle is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. To achieve this core principle, ASC 606 includes provisions within a five-step model that includes identifying the contract with a customer, identifying the performance obligations in the contract, determining the transaction price, allocating the transaction price to the performance obligations, and recognizing revenue when, or as, an entity satisfies a performance obligation.

 

Use of Estimates

 

The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.

  

Fair Value of Financial Instruments

 

AS topic 820 “Fair Value Measurements and Disclosures” establishes a three-tier fair value hierarchy, which prioritizes the inputs in measuring fair value. The hierarchy prioritizes the inputs into three levels based on the extent to which inputs used in measuring fair value are observable in the market.

 

These tiers include:

 

Level 1: defined as observable inputs such as quoted prices in active markets;

 

Level 2: defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and

 

Level 3: defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions.

 

The carrying value of cash approximates its fair value due to its short-term maturity.

 

Stock-Based Compensation

 

Stock-based compensation is accounted for at fair value in accordance with ASC Topic 718. To date, the Company has not adopted a stock option plan and has not granted any stock options.

 

Basic Income (Loss) Per Share

 

The Company computes income (loss) per share in accordance with FASB ASC 260 “Earnings per Share”. Basic loss per share is computed by dividing net income (loss) available to common shareholders by the weighted average number of outstanding common shares during the period. Diluted income (loss) per share gives effect to all dilutive potential common shares outstanding during the period. Dilutive loss per share excludes all potential common shares if their effect is antidilutive. There were no potentially dilutive debt or equity instruments issued or outstanding as of June 30, 2022.

 

 

Comprehensive Income

 

Comprehensive income is defined as all changes in stockholders’ deficit, exclusive of transactions with owners, such as capital investments. Comprehensive income includes net income or loss, changes in certain assets and liabilities that are reported directly in equity such as translation adjustments on investments in foreign subsidiaries and unrealized gains (losses) on available-for-sale securities. As of June 30, 2022, there were no differences between our comprehensive loss and net loss.

 

Recent Accounting Pronouncements

 

We have reviewed all the recently issued, but not yet effective, accounting pronouncements and we do not believe any of these pronouncements will have a material impact on the Company.

XML 20 R10.htm IDEA: XBRL DOCUMENT v3.22.2
Stockholders' Equity
6 Months Ended
Jun. 30, 2022
Notes  
Stockholders' Equity

NOTE 4 – STOCKHOLDERS’ EQUITY 

 

The Company has 75,000,000, $0.001 par value shares of common stock authorized.

 

On December 5, 2017, the company issued a total of 3,000,000 common shares to its founder for a cash contribution of $21,000.

 

During the quarter ended December 31, 2018, the company issued a total of 1,170,000 common shares to various investors for cash proceeds of $29,250.

 

During the quarter ended March 31, 2019, the company issued a total of 1,430,000 common shares to various investors for cash proceeds of $35,750. During this shares issue, $35 was received in excess from an investor which has showed in subscription received in balance sheet. It was repaid to the investor subsequently.

 

There were 5,600,000 and 5,600,000 shares of common stock issued and outstanding as of June 30, 2022 and December 31, 2021 respectively. 

XML 21 R11.htm IDEA: XBRL DOCUMENT v3.22.2
Restatement
6 Months Ended
Jun. 30, 2022
Notes  
Restatement

NOTE 5 – RESTATEMENT

 

The following are previously recorded and restated balances as of June 30, 2021.

 

TIPMEFAST, INC.

 

Restated Statement of Operations

 

(Unaudited)

 

 

 

 

 

 

 

 

 

 

For the six months ended June 30, 2021

 

For the six months ended June 30, 2021

 

For the six months ended June 30, 2021

 

 

 

(As Previously Reported)

 

(Restatement Adjustments)

 

(As Restated)

 

 

 

 

 

 

 

 

 

REVENUE:

$

                      -   

$

                       -   

$

                         -   

 

 

 

 

 

 

 

 

 

EXPENSES:

 

 

 

 

 

 

 

General and administrative

 

                3,000

 

                       -   

 

                   3,000

 

Professional fees

 

                11,150

 

                    1,600

 

                   12,750

 

Total expenses

 

14,150

 

1,600

 

15,750

 

 

 

 

 

 

 

 

 

OTHER INCOME (EXPENSE):

 

 

 

 

 

 

 

Interest Income

 

                      -   

 

                       -   

 

                         -   

 

Total other income (expense)

 

                      -   

 

                       -   

 

                         -   

 

 

 

 

 

 

 

 

 

Net loss

$

              (14,150)

$

                   (1,600)

$

                  (15,750)

 

 

 

 

 

 

 

 

 

Net loss per common share - basic

$

(0.00)

$

(0.00)

$

(0.00)

 

Weighted average of common shares outstanding - basic

 

         5,600,000

 

          5,600,000

 

            5,600,000

 

 

 

 

 

 

 

 

 

The accompanying notes are an integral part of these financial statements.

 

 

 

 

 

 

TIPMEFAST, INC.

 

Restated Statement of Cash Flows

 

(Unaudited)

 

 

 

 

 

 

 

 

 

 

For the six months ended June 30, 2021

 

For the six months ended June 30, 2021

 

For the six months ended June 30, 2021

 

 

 

(As Previously Reported)

 

(Restatement Adjustments)

 

(As Restated)

 

Cash Flows from Operating Activities:

 

 

 

 

 

 

 

Net loss

$

            (14,150)

$

                 (1,600)

$

            (15,750)

 

Adjustments to reconcile net loss to net cash used in operating activities:

 

 

 

 

 

 

 

Increase (decrease) in accounts payable

 

                1,500

 

                      600

 

                2,100

 

Increase (decrease) in accrued expenses

 

                1,500

 

                        -   

 

                1,500

 

Net cash used in operating activities

$

            (11,150)

$

                 (1,000)

$

            (12,150)

 

 

 

 

 

 

 

 

 

Cash Flows from Financing Activities:

 

 

 

 

 

 

 

    Proceeds from related party

 

                      -   

 

                   1,000

 

                1,000

 

Net cash provided by financing activities

$

                      -   

$

                   1,000

$

                1,000

 

 

 

 

 

 

 

 

 

Net increase in cash, cash equivalents, and restricted cash

 

            (11,150)

   

                        -   

   

            (11,150)

 

Cash, cash equivalents, and restricted cash at beginning of year

 

              20,980

   

                        -   

   

              20,980

 

Cash, cash equivalents, and restricted cash at end of year

$

                9,830

$

                        -   

$

                9,830

 

 

 

 

 

 

 

 

 

SUPPLEMENTAL CASH FLOW INFORMATION:

 

 

 

 

 

 

 

Cash paid for interest

$

                      -   

$

                        -   

$

                      -   

 

Cash paid for income taxes

$

                      -   

$

                        -   

$

                      -   

 

 

 

 

 

 

 

 

 

The accompanying notes are an integral part of these financial statements.

 

 

XML 22 R12.htm IDEA: XBRL DOCUMENT v3.22.2
Related Party Transactions
6 Months Ended
Jun. 30, 2022
Notes  
Related Party Transactions

NOTE 6 – RELATED PARTY TRANSACTIONS

 

On May 06, 2022, Company received $300 from Raid Chalil, President and Director of the company as a loan. These loans were unsecured, noninterest bearing and due on demand.

 

On May 25, 2022, Company received $2,750 from Raid Chalil, President and Director of the company as a loan. These loans were unsecured, noninterest bearing and due on demand.

 

As at June 30,2022 and December 31, 2021, the Company owed $4,050 and $1,000, respectively to Raid Chalil, President and Director of the Company, which is unsecured, non-interest bearing and due on demand.

XML 23 R13.htm IDEA: XBRL DOCUMENT v3.22.2
Subsequent Events
6 Months Ended
Jun. 30, 2022
Notes  
Subsequent Events

NOTE 7 – SUBSEQUENT EVENTS

 

The Company evaluated all events or transactions that occurred after June 30, 2022 through July 12, 2022. The Company determined that it does not have any subsequent event requiring recording or disclosure in the financial statements for the period ended June 30, 2022.

XML 24 R14.htm IDEA: XBRL DOCUMENT v3.22.2
Summary Of Significant Accounting Policies: Basis Of Presentation (Policies)
6 Months Ended
Jun. 30, 2022
Policies  
Basis Of Presentation

Basis of presentation

 

The results for the six months ended June 30, 2022 are not necessarily indicative of the results of operations for the full year. These financial statements and related footnotes should be read in conjunction with the consolidated financial statements and footnotes thereto included in the Company’s Annual Report for the year ended December 31, 2021, filed with the Securities and Exchange Commission.

 

The accompanying condensed financial statements have been prepared by the Company without audit. In the opinion of management, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations, and cash flows at June 30, 2022 and for the related periods presented.

 

The accompanying financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America, and pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”) and reflect all adjustments, consisting of normal recurring adjustments, which management believes are necessary to fairly present the financial position, results of operations and cash flows of the Company for the six months ended June 30, 2022.

XML 25 R15.htm IDEA: XBRL DOCUMENT v3.22.2
Summary Of Significant Accounting Policies: Cash And Cash Equivalents (Policies)
6 Months Ended
Jun. 30, 2022
Policies  
Cash And Cash Equivalents

Cash and Cash Equivalents

 

The Company considers all highly liquid investments with the original maturities of six months or less to be cash equivalents. The Company had $0 of cash as at June 30, 2022.

XML 26 R16.htm IDEA: XBRL DOCUMENT v3.22.2
Summary Of Significant Accounting Policies: Income Taxes (Policies)
6 Months Ended
Jun. 30, 2022
Policies  
Income Taxes

Income Taxes

 

Income taxes are computed using the asset and liability method. Under the asset and liability method, deferred income tax assets and liabilities are determined based on the differences between the financial reporting and tax bases of assets and liabilities and are measured using the currently enacted tax rates and laws. A valuation allowance is provided for the amount of deferred tax assets that, based on available evidence, are not expected to be realized.

XML 27 R17.htm IDEA: XBRL DOCUMENT v3.22.2
Summary Of Significant Accounting Policies: Revenue Recognition (Policies)
6 Months Ended
Jun. 30, 2022
Policies  
Revenue Recognition

Revenue Recognition

 

We recognize revenue in accordance with ASC 606, Revenue from Contracts with Customers. The standard’s stated core principle is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. To achieve this core principle, ASC 606 includes provisions within a five-step model that includes identifying the contract with a customer, identifying the performance obligations in the contract, determining the transaction price, allocating the transaction price to the performance obligations, and recognizing revenue when, or as, an entity satisfies a performance obligation.

XML 28 R18.htm IDEA: XBRL DOCUMENT v3.22.2
Summary Of Significant Accounting Policies: Use Of Estimates (Policies)
6 Months Ended
Jun. 30, 2022
Policies  
Use Of Estimates

Use of Estimates

 

The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.

XML 29 R19.htm IDEA: XBRL DOCUMENT v3.22.2
Summary Of Significant Accounting Policies: Fair Value Of Financial Istruments (Policies)
6 Months Ended
Jun. 30, 2022
Policies  
Fair Value Of Financial Istruments

Fair Value of Financial Instruments

 

AS topic 820 “Fair Value Measurements and Disclosures” establishes a three-tier fair value hierarchy, which prioritizes the inputs in measuring fair value. The hierarchy prioritizes the inputs into three levels based on the extent to which inputs used in measuring fair value are observable in the market.

 

These tiers include:

 

Level 1: defined as observable inputs such as quoted prices in active markets;

 

Level 2: defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and

 

Level 3: defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions.

 

The carrying value of cash approximates its fair value due to its short-term maturity.

XML 30 R20.htm IDEA: XBRL DOCUMENT v3.22.2
Summary Of Significant Accounting Policies: Stock-Based Compensation (Policies)
6 Months Ended
Jun. 30, 2022
Policies  
Stock-Based Compensation

Stock-Based Compensation

 

Stock-based compensation is accounted for at fair value in accordance with ASC Topic 718. To date, the Company has not adopted a stock option plan and has not granted any stock options.

XML 31 R21.htm IDEA: XBRL DOCUMENT v3.22.2
Summary Of Significant Accounting Policies: Basic Income (Loss) Per Share (Policies)
6 Months Ended
Jun. 30, 2022
Policies  
Basic Income (Loss) Per Share

Basic Income (Loss) Per Share

 

The Company computes income (loss) per share in accordance with FASB ASC 260 “Earnings per Share”. Basic loss per share is computed by dividing net income (loss) available to common shareholders by the weighted average number of outstanding common shares during the period. Diluted income (loss) per share gives effect to all dilutive potential common shares outstanding during the period. Dilutive loss per share excludes all potential common shares if their effect is antidilutive. There were no potentially dilutive debt or equity instruments issued or outstanding as of June 30, 2022.

XML 32 R22.htm IDEA: XBRL DOCUMENT v3.22.2
Summary Of Significant Accounting Policies: Comprehensive Income (Policies)
6 Months Ended
Jun. 30, 2022
Policies  
Comprehensive Income

Comprehensive Income

 

Comprehensive income is defined as all changes in stockholders’ deficit, exclusive of transactions with owners, such as capital investments. Comprehensive income includes net income or loss, changes in certain assets and liabilities that are reported directly in equity such as translation adjustments on investments in foreign subsidiaries and unrealized gains (losses) on available-for-sale securities. As of June 30, 2022, there were no differences between our comprehensive loss and net loss.

XML 33 R23.htm IDEA: XBRL DOCUMENT v3.22.2
Summary Of Significant Accounting Policies: Recent Accounting Pronouncements (Policies)
6 Months Ended
Jun. 30, 2022
Policies  
Recent Accounting Pronouncements

Recent Accounting Pronouncements

 

We have reviewed all the recently issued, but not yet effective, accounting pronouncements and we do not believe any of these pronouncements will have a material impact on the Company.

XML 34 R24.htm IDEA: XBRL DOCUMENT v3.22.2
Restatement: Summary Of Restatement (Tables)
6 Months Ended
Jun. 30, 2022
Tables/Schedules  
Summary Of Restatement

The following are previously recorded and restated balances as of June 30, 2021.

 

TIPMEFAST, INC.

 

Restated Statement of Operations

 

(Unaudited)

 

 

 

 

 

 

 

 

 

 

For the six months ended June 30, 2021

 

For the six months ended June 30, 2021

 

For the six months ended June 30, 2021

 

 

 

(As Previously Reported)

 

(Restatement Adjustments)

 

(As Restated)

 

 

 

 

 

 

 

 

 

REVENUE:

$

                      -   

$

                       -   

$

                         -   

 

 

 

 

 

 

 

 

 

EXPENSES:

 

 

 

 

 

 

 

General and administrative

 

                3,000

 

                       -   

 

                   3,000

 

Professional fees

 

                11,150

 

                    1,600

 

                   12,750

 

Total expenses

 

14,150

 

1,600

 

15,750

 

 

 

 

 

 

 

 

 

OTHER INCOME (EXPENSE):

 

 

 

 

 

 

 

Interest Income

 

                      -   

 

                       -   

 

                         -   

 

Total other income (expense)

 

                      -   

 

                       -   

 

                         -   

 

 

 

 

 

 

 

 

 

Net loss

$

              (14,150)

$

                   (1,600)

$

                  (15,750)

 

 

 

 

 

 

 

 

 

Net loss per common share - basic

$

(0.00)

$

(0.00)

$

(0.00)

 

Weighted average of common shares outstanding - basic

 

         5,600,000

 

          5,600,000

 

            5,600,000

 

 

 

 

 

 

 

 

 

The accompanying notes are an integral part of these financial statements.

 

 

 

 

 

 

TIPMEFAST, INC.

 

Restated Statement of Cash Flows

 

(Unaudited)

 

 

 

 

 

 

 

 

 

 

For the six months ended June 30, 2021

 

For the six months ended June 30, 2021

 

For the six months ended June 30, 2021

 

 

 

(As Previously Reported)

 

(Restatement Adjustments)

 

(As Restated)

 

Cash Flows from Operating Activities:

 

 

 

 

 

 

 

Net loss

$

            (14,150)

$

                 (1,600)

$

            (15,750)

 

Adjustments to reconcile net loss to net cash used in operating activities:

 

 

 

 

 

 

 

Increase (decrease) in accounts payable

 

                1,500

 

                      600

 

                2,100

 

Increase (decrease) in accrued expenses

 

                1,500

 

                        -   

 

                1,500

 

Net cash used in operating activities

$

            (11,150)

$

                 (1,000)

$

            (12,150)

 

 

 

 

 

 

 

 

 

Cash Flows from Financing Activities:

 

 

 

 

 

 

 

    Proceeds from related party

 

                      -   

 

                   1,000

 

                1,000

 

Net cash provided by financing activities

$

                      -   

$

                   1,000

$

                1,000

 

 

 

 

 

 

 

 

 

Net increase in cash, cash equivalents, and restricted cash

 

            (11,150)

   

                        -   

   

            (11,150)

 

Cash, cash equivalents, and restricted cash at beginning of year

 

              20,980

   

                        -   

   

              20,980

 

Cash, cash equivalents, and restricted cash at end of year

$

                9,830

$

                        -   

$

                9,830

 

 

 

 

 

 

 

 

 

SUPPLEMENTAL CASH FLOW INFORMATION:

 

 

 

 

 

 

 

Cash paid for interest

$

                      -   

$

                        -   

$

                      -   

 

Cash paid for income taxes

$

                      -   

$

                        -   

$

                      -   

 

 

 

 

 

 

 

 

 

The accompanying notes are an integral part of these financial statements.

 

XML 35 R25.htm IDEA: XBRL DOCUMENT v3.22.2
Summary Of Significant Accounting Policies: Cash And Cash Equivalents (Details) - USD ($)
Jun. 30, 2022
Dec. 31, 2021
Details    
Cash held in trust $ 0 $ 8,080
XML 36 R26.htm IDEA: XBRL DOCUMENT v3.22.2
Stockholders' Equity (Details) - USD ($)
3 Months Ended
Dec. 05, 2017
Mar. 31, 2019
Dec. 31, 2018
Jun. 30, 2022
Dec. 31, 2021
Common Stock, Shares Authorized       75,000,000 75,000,000
Common Stock, Par or Stated Value Per Share       $ 0.001 $ 0.001
Common Stock, Shares, Issued       5,600,000 5,600,000
Common Stock, Shares, Outstanding       5,600,000 5,600,000
Founder | Common Stock          
Stock Issued During Period, Shares, New Issues 3,000,000        
Proceeds from Issuance of Common Stock $ 21,000        
Variuos Investor | Common Stock          
Stock Issued During Period, Shares, New Issues   1,430,000 1,170,000    
Proceeds from Issuance of Common Stock   $ 35,750 $ 29,250    
Excess Subscription cash Returned   $ 35      
XML 37 R27.htm IDEA: XBRL DOCUMENT v3.22.2
Restatement: Summary Of Restatement (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2022
Mar. 31, 2022
Jun. 30, 2021
Mar. 31, 2021
Jun. 30, 2022
Jun. 30, 2021
REVENUE $ 0   $ 0   $ 0 $ 0
EXPENSES            
General and administrative 2,000   1,500   4,000 3,000
Professional fees 3,350   7,050   3,650 12,750
Total expenses 5,350   8,550   7,650 15,750
OTHER INCOME (EXPENSE)            
Total other income (expense) 0   0   0 0
Net loss $ (5,350) $ (2,300) $ (8,550) $ (7,200) $ (7,650) $ (15,750)
Weighted average of common shares outstanding - basic 5,600,000   5,600,000   5,600,000 5,600,000
Adjustments to reconcile net loss to net cash used in operating activities            
Increase (decrease) in accounts payable         $ (5,480) $ 2,100
Increase (decrease) in accrued expenses         2,000 1,500
Net cash used in operating activities         (11,130) (12,150)
Cash Flows from Financing Activities            
Proceeds from related party         3,050 1,000
Net cash provided by financing activities         3,050 1,000
Net increase in cash, cash equivalents, and restricted cash         (8,080) (11,150)
Cash, cash equivalents, and restricted cash at beginning of year   $ 8,080   20,980 8,080 20,980
Cash, cash equivalents, and restricted cash at end of year $ 0   $ 9,830   0 9,830
SUPPLEMENTAL CASH FLOW INFORMATION            
Cash paid for interest         0 0
Cash paid for income taxes         $ 0 0
Previously Reported            
REVENUE           0
EXPENSES            
General and administrative           3,000
Professional fees           11,150
Total expenses           14,150
OTHER INCOME (EXPENSE)            
Interest Income           0
Total other income (expense)           0
Net loss           $ (14,150)
Net loss per common share - basic           $ (0.00)
Weighted average of common shares outstanding - basic           5,600,000
Adjustments to reconcile net loss to net cash used in operating activities            
Increase (decrease) in accounts payable           $ 1,500
Increase (decrease) in accrued expenses           1,500
Net cash used in operating activities           (11,150)
Cash Flows from Financing Activities            
Proceeds from related party           0
Net cash provided by financing activities           0
Net increase in cash, cash equivalents, and restricted cash           (11,150)
Cash, cash equivalents, and restricted cash at beginning of year       20,980   20,980
Cash, cash equivalents, and restricted cash at end of year     9,830     9,830
SUPPLEMENTAL CASH FLOW INFORMATION            
Cash paid for interest           0
Cash paid for income taxes           0
Revision of Prior Period, Adjustment            
REVENUE           0
EXPENSES            
General and administrative           0
Professional fees           1,600
Total expenses           1,600
OTHER INCOME (EXPENSE)            
Interest Income           0
Total other income (expense)           0
Net loss           $ (1,600)
Net loss per common share - basic           $ (0.00)
Weighted average of common shares outstanding - basic           5,600,000
Adjustments to reconcile net loss to net cash used in operating activities            
Increase (decrease) in accounts payable           $ 600
Increase (decrease) in accrued expenses           0
Net cash used in operating activities           (1,000)
Cash Flows from Financing Activities            
Proceeds from related party           1,000
Net cash provided by financing activities           1,000
Net increase in cash, cash equivalents, and restricted cash           0
Cash, cash equivalents, and restricted cash at beginning of year       0   0
Cash, cash equivalents, and restricted cash at end of year     0     0
SUPPLEMENTAL CASH FLOW INFORMATION            
Cash paid for interest           0
Cash paid for income taxes           0
Restated            
REVENUE           0
EXPENSES            
General and administrative           3,000
Professional fees           12,750
Total expenses           15,750
OTHER INCOME (EXPENSE)            
Interest Income           0
Total other income (expense)           0
Net loss           $ (15,750)
Net loss per common share - basic           $ (0.00)
Weighted average of common shares outstanding - basic           5,600,000
Adjustments to reconcile net loss to net cash used in operating activities            
Increase (decrease) in accounts payable           $ 2,100
Increase (decrease) in accrued expenses           1,500
Net cash used in operating activities           (12,150)
Cash Flows from Financing Activities            
Proceeds from related party           1,000
Net cash provided by financing activities           1,000
Net increase in cash, cash equivalents, and restricted cash           (11,150)
Cash, cash equivalents, and restricted cash at beginning of year       $ 20,980   20,980
Cash, cash equivalents, and restricted cash at end of year     $ 9,830     9,830
SUPPLEMENTAL CASH FLOW INFORMATION            
Cash paid for interest           0
Cash paid for income taxes           $ 0
XML 38 R28.htm IDEA: XBRL DOCUMENT v3.22.2
Related Party Transactions (Details) - USD ($)
6 Months Ended
May 25, 2022
May 25, 2022
May 06, 2022
May 06, 2022
Jun. 30, 2022
Jun. 30, 2021
Dec. 31, 2021
Proceeds from related party         $ 3,050 $ 1,000  
Due to related party         $ 4,050   $ 1,000
Raid Chalil, President And Director              
Related Party Description         unsecured, non-interest bearing and due on demand unsecured, non-interest bearing and due on demand  
Due to related party         $ 4,050   $ 1,000
Raid Chalil, President And Director | Loans Payable              
Proceeds from related party   $ 2,750 $ 300        
Related Party Description These loans were unsecured, noninterest bearing and due on demand     These loans were unsecured, noninterest bearing and due on demand      
XML 39 tpmf-20220630_htm.xml IDEA: XBRL DOCUMENT 0001726079 2022-01-01 2022-06-30 0001726079 2022-06-30 0001726079 2022-07-12 0001726079 2021-12-31 0001726079 2022-04-01 2022-06-30 0001726079 2021-04-01 2021-06-30 0001726079 2021-01-01 2021-06-30 0001726079 2020-12-31 0001726079 us-gaap:CommonStockMember 2020-12-31 0001726079 us-gaap:AdditionalPaidInCapitalMember 2020-12-31 0001726079 us-gaap:RetainedEarningsMember 2020-12-31 0001726079 2021-01-01 2021-03-31 0001726079 us-gaap:CommonStockMember 2021-01-01 2021-03-31 0001726079 us-gaap:AdditionalPaidInCapitalMember 2021-01-01 2021-03-31 0001726079 us-gaap:RetainedEarningsMember 2021-01-01 2021-03-31 0001726079 2021-03-31 0001726079 us-gaap:CommonStockMember 2021-03-31 0001726079 us-gaap:AdditionalPaidInCapitalMember 2021-03-31 0001726079 us-gaap:RetainedEarningsMember 2021-03-31 0001726079 us-gaap:CommonStockMember 2021-04-01 2021-06-30 0001726079 us-gaap:AdditionalPaidInCapitalMember 2021-04-01 2021-06-30 0001726079 us-gaap:RetainedEarningsMember 2021-04-01 2021-06-30 0001726079 2021-06-30 0001726079 us-gaap:CommonStockMember 2021-06-30 0001726079 us-gaap:AdditionalPaidInCapitalMember 2021-06-30 0001726079 us-gaap:RetainedEarningsMember 2021-06-30 0001726079 us-gaap:CommonStockMember 2021-12-31 0001726079 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0001726079 us-gaap:RetainedEarningsMember 2021-12-31 0001726079 2022-01-01 2022-03-31 0001726079 us-gaap:CommonStockMember 2022-01-01 2022-03-31 0001726079 us-gaap:AdditionalPaidInCapitalMember 2022-01-01 2022-03-31 0001726079 us-gaap:RetainedEarningsMember 2022-01-01 2022-03-31 0001726079 2022-03-31 0001726079 us-gaap:CommonStockMember 2022-03-31 0001726079 us-gaap:AdditionalPaidInCapitalMember 2022-03-31 0001726079 us-gaap:RetainedEarningsMember 2022-03-31 0001726079 us-gaap:CommonStockMember 2022-04-01 2022-06-30 0001726079 us-gaap:AdditionalPaidInCapitalMember 2022-04-01 2022-06-30 0001726079 us-gaap:RetainedEarningsMember 2022-04-01 2022-06-30 0001726079 us-gaap:CommonStockMember 2022-06-30 0001726079 us-gaap:AdditionalPaidInCapitalMember 2022-06-30 0001726079 us-gaap:RetainedEarningsMember 2022-06-30 0001726079 fil:FounderMember us-gaap:CommonStockMember 2017-12-04 2017-12-05 0001726079 fil:VariuosInvestorMember us-gaap:CommonStockMember 2018-10-01 2018-12-31 0001726079 fil:VariuosInvestorMember us-gaap:CommonStockMember 2019-01-01 2019-03-31 0001726079 srt:ScenarioPreviouslyReportedMember 2021-01-01 2021-06-30 0001726079 srt:RestatementAdjustmentMember 2021-01-01 2021-06-30 0001726079 fil:RestatedMember 2021-01-01 2021-06-30 0001726079 srt:ScenarioPreviouslyReportedMember 2020-12-31 0001726079 srt:RestatementAdjustmentMember 2020-12-31 0001726079 fil:RestatedMember 2020-12-31 0001726079 srt:ScenarioPreviouslyReportedMember 2021-06-30 0001726079 srt:RestatementAdjustmentMember 2021-06-30 0001726079 fil:RestatedMember 2021-06-30 0001726079 srt:PresidentMember us-gaap:LoansPayableMember 2022-05-06 2022-05-06 0001726079 srt:PresidentMember us-gaap:LoansPayableMember 2022-05-05 2022-05-06 0001726079 srt:PresidentMember us-gaap:LoansPayableMember 2022-05-25 2022-05-25 0001726079 srt:PresidentMember us-gaap:LoansPayableMember 2022-05-24 2022-05-25 0001726079 srt:PresidentMember 2022-06-30 0001726079 srt:PresidentMember 2021-12-31 0001726079 srt:PresidentMember 2022-01-01 2022-06-30 0001726079 srt:PresidentMember 2021-01-01 2021-06-30 iso4217:USD shares iso4217:USD shares 0001726079 --12-31 false 2022 Q2 10-Q true 2022-06-30 false 333-222880 TIPMEFAST, INC NV 83-4057513 Raid Chalil HaShnura St ZihronYa’akow IL 30950 972 373-70057 Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices Yes No Non-accelerated Filer true false true 5600000 0 8080 0 8080 0 8080 4320 9800 4050 1000 2000 0 10370 10800 10370 10800 0.001 0.001 75000000 75000000 5600000 5600000 5600000 5600000 5600 5600 80415 80415 -96385 -88735 -10370 -2720 0 8080 0 0 0 0 2000 1500 4000 3000 3350 7050 3650 12750 5350 8550 7650 15750 0 0 0 0 0 0 0 0 -5350 -8550 -7650 -15750 -0.00 -0.00 -0.00 -0.00 5600000 5600000 5600000 5600000 5600000 5600 80415 -67635 18380 0 0 0 -7200 -7200 5600000 5600 80415 -74835 11180 5600000 5600 80415 -74835 11180 0 0 0 -8550 -8550 5600000 5600 80415 -83385 2630 5600000 5600 80415 -88735 -2720 0 0 0 -2300 -2300 5600000 5600 80415 -91035 -5020 5600000 5600 80415 -91035 -5020 0 0 0 -5350 -5350 5600000 5600 80415 -96385 -10370 -7650 -15750 -5480 2100 2000 1500 -11130 -12150 3050 1000 3050 1000 -8080 -11150 8080 20980 0 9830 0 0 0 0 <p style="font:10pt Times New Roman;margin:0"><b>NOTE 1 – ORGANIZATION AND NATURE OF BUSINESS</b></p> <p style="font:10pt Times New Roman;margin:0"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">TipMeFast, Inc. (“the Company”, “we”, “us” or “our”) was incorporated on December 5, 2017 in the State of Nevada. The Company was created to be the simplest way to get paid or pay anyone from a mobile device. With this application you can pay a bartender, barista, server, musician, valet attendant, concierge, traveling pet groomer, nail technician or pool service but have no cash. The Company is a solution to pay and to get paid without exchanging personal information. </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0">Our executive offices are located at HaShmura St. 1, ZihronYa’akov, Israel.</p> <p style="font:10pt Times New Roman;margin:0"><b>NOTE 2 – GOING CONCERN</b></p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">The accompanying financial statements have been prepared in conformity with generally accepted accounting principles, which contemplate continuation of the Company as a going concern. As a development-stage company, the Company had no revenues and incurred losses as of June 30, 2022. The Company currently has limited working capital, and has not completed its efforts to establish a stabilized source of revenues sufficient to cover operating costs over an extended period of time.</p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">Management anticipates that the Company will be dependent, for the near future, on additional investment capital to fund operating expenses The Company intends to position itself so that it will be able to raise additional funds through the capital markets. In light of management’s efforts, there are no assurances that the Company will be successful in this or any of its endeavors or become financially viable and continue as a going concern.</p> <p style="font:10pt Times New Roman;margin:0"><b>NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</b></p> <p style="font:10pt Times New Roman;margin:0"> </p> <p style="font:10pt Times New Roman;margin:0"><span style="border-bottom:1px solid #000000">Basis of presentation</span></p> <p style="font:10pt Times New Roman;margin:0"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">The results for the six months ended June 30, 2022 are not necessarily indicative of the results of operations for the full year. These financial statements and related footnotes should be read in conjunction with the consolidated financial statements and footnotes thereto included in the Company’s Annual Report for the year ended December 31, 2021, filed with the Securities and Exchange Commission.</p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">The accompanying condensed financial statements have been prepared by the Company without audit. In the opinion of management, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations, and cash flows at June 30, 2022 and for the related periods presented.</p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">The accompanying financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America, and pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”) and reflect all adjustments, consisting of normal recurring adjustments, which management believes are necessary to fairly present the financial position, results of operations and cash flows of the Company for the six months ended June 30, 2022.</p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">  </p> <p style="font:10pt Times New Roman;margin:0"><span style="border-bottom:1px solid #000000">Cash and Cash Equivalents</span></p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">The Company considers all highly liquid investments with the original maturities of six months or less to be cash equivalents. The Company had $0 of cash as at June 30, 2022.</p> <p style="font:10pt Times New Roman;margin:0"> </p> <p style="font:10pt Times New Roman;margin:0"> </p> <p style="font:10pt Times New Roman;margin:0"><span style="border-bottom:1px solid #000000">Income Taxes</span></p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">Income taxes are computed using the asset and liability method. Under the asset and liability method, deferred income tax assets and liabilities are determined based on the differences between the financial reporting and tax bases of assets and liabilities and are measured using the currently enacted tax rates and laws. A valuation allowance is provided for the amount of deferred tax assets that, based on available evidence, are not expected to be realized.</p> <p style="font:10pt Times New Roman;margin:0"> </p> <p style="font:10pt Times New Roman;margin:0"><span style="border-bottom:1px solid #000000">Revenue Recognition</span></p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0">We recognize revenue in accordance with ASC 606, <i>Revenue from Contracts with Customers</i>. The standard’s stated core principle is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. To achieve this core principle, ASC 606 includes provisions within a five-step model that includes identifying the contract with a customer, identifying the performance obligations in the contract, determining the transaction price, allocating the transaction price to the performance obligations, and recognizing revenue when, or as, an entity satisfies a performance obligation.</p> <p style="font:10pt Times New Roman;margin:0"> </p> <p style="font:10pt Times New Roman;margin:0"><span style="border-bottom:1px solid #000000">Use of Estimates</span></p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> <b> </b></p> <p style="font:10pt Times New Roman;margin:0"><span style="border-bottom:1px solid #000000">Fair Value of Financial Instruments</span></p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">AS topic 820 “Fair Value Measurements and Disclosures” establishes a three-tier fair value hierarchy, which prioritizes the inputs in measuring fair value. The hierarchy prioritizes the inputs into three levels based on the extent to which inputs used in measuring fair value are observable in the market.</p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0">These tiers include:</p> <p style="font:10pt Times New Roman;margin:0"> </p> <p style="font:10pt Times New Roman;margin:0">Level 1: defined as observable inputs such as quoted prices in active markets;</p> <p style="font:10pt Times New Roman;margin:0"> </p> <p style="font:10pt Times New Roman;margin:0">Level 2: defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and</p> <p style="font:10pt Times New Roman;margin:0"> </p> <p style="font:10pt Times New Roman;margin:0">Level 3: defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions.</p> <p style="font:10pt Times New Roman;margin:0"> </p> <p style="font:10pt Times New Roman;margin:0">The carrying value of cash approximates its fair value due to its short-term maturity.</p> <p style="font:10pt Times New Roman;margin:0"> </p> <p style="font:10pt Times New Roman;margin:0"><span style="border-bottom:1px solid #000000">Stock-Based Compensation</span></p> <p style="font:10pt Times New Roman;margin:0"> </p> <p style="font:10pt Times New Roman;margin:0">Stock-based compensation is accounted for at fair value in accordance with ASC Topic 718. To date, the Company has not adopted a stock option plan and has not granted any stock options.</p> <p style="font:10pt Times New Roman;margin:0"> </p> <p style="font:10pt Times New Roman;margin:0"><span style="border-bottom:1px solid #000000">Basic Income (Loss) Per Share</span></p> <p style="font:10pt Times New Roman;margin:0"> </p> <p style="font:10pt Times New Roman;margin:0">The Company computes income (loss) per share in accordance with FASB ASC 260 “Earnings per Share”. Basic loss per share is computed by dividing net income (loss) available to common shareholders by the weighted average number of outstanding common shares during the period. Diluted income (loss) per share gives effect to all dilutive potential common shares outstanding during the period. Dilutive loss per share excludes all potential common shares if their effect is antidilutive. There were no potentially dilutive debt or equity instruments issued or outstanding as of June 30, 2022.</p> <p style="font:10pt Times New Roman;margin:0"> </p> <p style="font:10pt Times New Roman;margin:0"> </p> <p style="font:10pt Times New Roman;margin:0"><span style="border-bottom:1px solid #000000">Comprehensive Income</span></p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">Comprehensive income is defined as all changes in stockholders’ deficit, exclusive of transactions with owners, such as capital investments. Comprehensive income includes net income or loss, changes in certain assets and liabilities that are reported directly in equity such as translation adjustments on investments in foreign subsidiaries and unrealized gains (losses) on available-for-sale securities. As of June 30, 2022, there were no differences between our comprehensive loss and net loss.</p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"><span style="border-bottom:1px solid #000000">Recent Accounting Pronouncements</span></p> <p style="font:10pt Times New Roman;margin:0"> </p> <p style="font:10pt Times New Roman;margin:0">We have reviewed all the recently issued, but not yet effective, accounting pronouncements and we do not believe any of these pronouncements will have a material impact on the Company.</p> <p style="font:10pt Times New Roman;margin:0"><span style="border-bottom:1px solid #000000">Basis of presentation</span></p> <p style="font:10pt Times New Roman;margin:0"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">The results for the six months ended June 30, 2022 are not necessarily indicative of the results of operations for the full year. These financial statements and related footnotes should be read in conjunction with the consolidated financial statements and footnotes thereto included in the Company’s Annual Report for the year ended December 31, 2021, filed with the Securities and Exchange Commission.</p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">The accompanying condensed financial statements have been prepared by the Company without audit. In the opinion of management, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations, and cash flows at June 30, 2022 and for the related periods presented.</p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">The accompanying financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America, and pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”) and reflect all adjustments, consisting of normal recurring adjustments, which management believes are necessary to fairly present the financial position, results of operations and cash flows of the Company for the six months ended June 30, 2022.</p> <p style="font:10pt Times New Roman;margin:0"><span style="border-bottom:1px solid #000000">Cash and Cash Equivalents</span></p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">The Company considers all highly liquid investments with the original maturities of six months or less to be cash equivalents. The Company had $0 of cash as at June 30, 2022.</p> 0 <p style="font:10pt Times New Roman;margin:0"><span style="border-bottom:1px solid #000000">Income Taxes</span></p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">Income taxes are computed using the asset and liability method. Under the asset and liability method, deferred income tax assets and liabilities are determined based on the differences between the financial reporting and tax bases of assets and liabilities and are measured using the currently enacted tax rates and laws. A valuation allowance is provided for the amount of deferred tax assets that, based on available evidence, are not expected to be realized.</p> <p style="font:10pt Times New Roman;margin:0"><span style="border-bottom:1px solid #000000">Revenue Recognition</span></p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0">We recognize revenue in accordance with ASC 606, <i>Revenue from Contracts with Customers</i>. The standard’s stated core principle is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. To achieve this core principle, ASC 606 includes provisions within a five-step model that includes identifying the contract with a customer, identifying the performance obligations in the contract, determining the transaction price, allocating the transaction price to the performance obligations, and recognizing revenue when, or as, an entity satisfies a performance obligation.</p> <p style="font:10pt Times New Roman;margin:0"><span style="border-bottom:1px solid #000000">Use of Estimates</span></p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p> <p style="font:10pt Times New Roman;margin:0"><span style="border-bottom:1px solid #000000">Fair Value of Financial Instruments</span></p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">AS topic 820 “Fair Value Measurements and Disclosures” establishes a three-tier fair value hierarchy, which prioritizes the inputs in measuring fair value. The hierarchy prioritizes the inputs into three levels based on the extent to which inputs used in measuring fair value are observable in the market.</p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0">These tiers include:</p> <p style="font:10pt Times New Roman;margin:0"> </p> <p style="font:10pt Times New Roman;margin:0">Level 1: defined as observable inputs such as quoted prices in active markets;</p> <p style="font:10pt Times New Roman;margin:0"> </p> <p style="font:10pt Times New Roman;margin:0">Level 2: defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and</p> <p style="font:10pt Times New Roman;margin:0"> </p> <p style="font:10pt Times New Roman;margin:0">Level 3: defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions.</p> <p style="font:10pt Times New Roman;margin:0"> </p> <p style="font:10pt Times New Roman;margin:0">The carrying value of cash approximates its fair value due to its short-term maturity.</p> <p style="font:10pt Times New Roman;margin:0"><span style="border-bottom:1px solid #000000">Stock-Based Compensation</span></p> <p style="font:10pt Times New Roman;margin:0"> </p> <p style="font:10pt Times New Roman;margin:0">Stock-based compensation is accounted for at fair value in accordance with ASC Topic 718. To date, the Company has not adopted a stock option plan and has not granted any stock options.</p> <p style="font:10pt Times New Roman;margin:0"><span style="border-bottom:1px solid #000000">Basic Income (Loss) Per Share</span></p> <p style="font:10pt Times New Roman;margin:0"> </p> <p style="font:10pt Times New Roman;margin:0">The Company computes income (loss) per share in accordance with FASB ASC 260 “Earnings per Share”. Basic loss per share is computed by dividing net income (loss) available to common shareholders by the weighted average number of outstanding common shares during the period. Diluted income (loss) per share gives effect to all dilutive potential common shares outstanding during the period. Dilutive loss per share excludes all potential common shares if their effect is antidilutive. There were no potentially dilutive debt or equity instruments issued or outstanding as of June 30, 2022.</p> <p style="font:10pt Times New Roman;margin:0"><span style="border-bottom:1px solid #000000">Comprehensive Income</span></p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">Comprehensive income is defined as all changes in stockholders’ deficit, exclusive of transactions with owners, such as capital investments. Comprehensive income includes net income or loss, changes in certain assets and liabilities that are reported directly in equity such as translation adjustments on investments in foreign subsidiaries and unrealized gains (losses) on available-for-sale securities. As of June 30, 2022, there were no differences between our comprehensive loss and net loss.</p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"><span style="border-bottom:1px solid #000000">Recent Accounting Pronouncements</span></p> <p style="font:10pt Times New Roman;margin:0"> </p> <p style="font:10pt Times New Roman;margin:0">We have reviewed all the recently issued, but not yet effective, accounting pronouncements and we do not believe any of these pronouncements will have a material impact on the Company.</p> <p style="font:10pt Times New Roman;margin:0"><b>NOTE 4 – STOCKHOLDERS’ EQUITY</b> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">The Company has 75,000,000, $0.001 par value shares of common stock authorized.</p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">On December 5, 2017, the company issued a total of 3,000,000 common shares to its founder for a cash contribution of $21,000.</p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">During the quarter ended December 31, 2018, the company issued a total of 1,170,000 common shares to various investors for cash proceeds of $29,250.</p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">During the quarter ended March 31, 2019, the company issued a total of 1,430,000 common shares to various investors for cash proceeds of $35,750. During this shares issue, $35 was received in excess from an investor which has showed in subscription received in balance sheet. It was repaid to the investor subsequently.</p> <p style="font:10pt Times New Roman;margin:0"> </p> <p style="font:10pt Times New Roman;margin:0">There were 5,600,000 and 5,600,000 shares of common stock issued and outstanding as of June 30, 2022 and December 31, 2021 respectively. </p> 75000000 0.001 3000000 21000 1170000 29250 1430000 35750 35 5600000 5600000 5600000 5600000 <p style="font:10pt Times New Roman;margin:0"><b>NOTE 5 – RESTATEMENT</b></p> <p style="font:10pt Times New Roman;margin:0"><b> </b></p> <p style="font:10pt Times New Roman;margin:0">The following are previously recorded and restated balances as of June 30, 2021.</p> <p style="font:10pt Times New Roman;margin:0"> </p> <table style="margin:0 auto;border-collapse:collapse;width:100%"><tr style="height:15pt"><td colspan="7" style="width:95.76%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center">TIPMEFAST, INC.</p> </td><td style="width:4.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td></tr> <tr style="height:15pt"><td colspan="7" style="width:95.76%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center">Restated Statement of Operations </p> </td><td style="width:4.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td></tr> <tr style="height:15pt"><td colspan="7" style="width:95.76%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center">(Unaudited)</p> </td><td style="width:4.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td></tr> <tr style="height:15pt"><td style="width:42.48%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:3.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="width:13.64%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="width:3.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="width:14.26%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:3.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:15.3%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:4.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td></tr> <tr style="height:38.25pt"><td style="width:42.48%" valign="bottom"/><td style="width:3.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:13.64%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center">For the six months ended June 30, 2021</p> </td><td style="width:3.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="width:14.26%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center">For the six months ended June 30, 2021</p> </td><td style="width:3.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="width:15.3%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center">For the six months ended June 30, 2021</p> </td><td style="width:4.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td></tr> <tr style="height:26.25pt"><td style="width:42.48%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:3.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:13.64%;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center">(As Previously Reported)</p> </td><td style="width:3.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="width:14.26%;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center">(Restatement Adjustments)</p> </td><td style="width:3.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="width:15.3%;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center">(As Restated)</p> </td><td style="width:4.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td></tr> <tr style="height:15pt"><td style="width:42.48%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:3.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:13.64%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:3.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="width:14.26%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:3.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="width:15.3%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:4.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td></tr> <tr style="height:15pt"><td style="background-color:#CCEEFF;width:42.48%" valign="bottom"><p style="font:10pt Times New Roman;margin:0">REVENUE:</p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="background-color:#CCEEFF;width:13.64%;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                       -   </p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="background-color:#CCEEFF;width:14.26%;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                        -   </p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="background-color:#CCEEFF;width:15.3%;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                          -   </p> </td><td style="background-color:#CCEEFF;width:4.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:15pt"><td style="width:42.48%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:13.64%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="width:14.26%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="width:15.3%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="width:4.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td></tr> <tr style="height:15pt"><td style="background-color:#CCEEFF;width:42.48%" valign="bottom"><p style="font:10pt Times New Roman;margin:0">EXPENSES:</p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:13.64%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="background-color:#CCEEFF;width:14.26%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="background-color:#CCEEFF;width:15.3%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="background-color:#CCEEFF;width:4.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td></tr> <tr style="height:15pt"><td style="width:42.48%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-indent:7.15pt">General and administrative</p> </td><td style="width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-indent:10pt"> </p> </td><td style="width:13.64%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                 3,000 </p> </td><td style="width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="width:14.26%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                        -   </p> </td><td style="width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="width:15.3%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                    3,000 </p> </td><td style="width:4.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:13.5pt"><td style="background-color:#CCEEFF;width:42.48%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-indent:7.15pt">Professional fees</p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-indent:10pt"> </p> </td><td style="background-color:#CCEEFF;width:13.64%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                 11,150 </p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:14.26%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                     1,600 </p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:15.3%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                    12,750 </p> </td><td style="background-color:#CCEEFF;width:4.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:15pt"><td style="width:42.48%" valign="bottom"><p style="font:10pt Times New Roman;margin:0">Total expenses</p> </td><td style="width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:13.64%;border-top:0.5pt solid #000000;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">14,150</p> </td><td style="width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="width:14.26%;border-top:0.5pt solid #000000;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">1,600</p> </td><td style="width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="width:15.3%;border-top:0.5pt solid #000000;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">15,750</p> </td><td style="width:4.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:15pt"><td style="background-color:#CCEEFF;width:42.48%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:13.64%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:14.26%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:15.3%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="background-color:#CCEEFF;width:4.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:15pt"><td style="width:42.48%" valign="middle"><p style="font:10pt Times New Roman;margin:0">OTHER INCOME (EXPENSE):</p> </td><td style="width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:13.64%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:14.26%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:15.3%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:4.24%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td></tr> <tr style="height:15pt"><td style="background-color:#CCEEFF;width:42.48%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-indent:7.15pt">Interest Income</p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-indent:10pt"> </p> </td><td style="background-color:#CCEEFF;width:13.64%;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                       -   </p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:14.26%;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                        -   </p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:15.3%;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                          -   </p> </td><td style="background-color:#CCEEFF;width:4.24%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:15pt"><td style="width:42.48%" valign="middle"><p style="font:10pt Times New Roman;margin:0">Total other income (expense)</p> </td><td style="width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:13.64%;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                       -   </p> </td><td style="width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="width:14.26%;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                        -   </p> </td><td style="width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="width:15.3%;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                          -   </p> </td><td style="width:4.24%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:15pt"><td style="background-color:#CCEEFF;width:42.48%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-indent:10pt"> </p> </td><td style="background-color:#CCEEFF;width:13.64%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:14.26%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:15.3%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:4.24%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td></tr> <tr style="height:15.75pt"><td style="width:42.48%" valign="bottom"><p style="font:10pt Times New Roman;margin:0">Net loss</p> </td><td style="width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="width:13.64%;border-bottom:3px double #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">               (14,150)</p> </td><td style="width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="width:14.26%;border-bottom:3px double #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                    (1,600)</p> </td><td style="width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="width:15.3%;border-bottom:3px double #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                   (15,750)</p> </td><td style="width:4.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:15.75pt"><td style="background-color:#CCEEFF;width:42.48%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:13.64%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="background-color:#CCEEFF;width:14.26%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="background-color:#CCEEFF;width:15.3%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="background-color:#CCEEFF;width:4.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td></tr> <tr style="height:15.75pt"><td style="width:42.48%" valign="bottom"><p style="font:10pt Times New Roman;margin:0">Net loss per common share - basic</p> </td><td style="width:3.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="width:13.64%;border-bottom:3px double #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">(0.00)</p> </td><td style="width:3.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="width:14.26%;border-bottom:3px double #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">(0.00)</p> </td><td style="width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="width:15.3%;border-bottom:3px double #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">(0.00)</p> </td><td style="width:4.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:27.75pt"><td style="background-color:#CCEEFF;width:42.48%" valign="bottom"><p style="font:10pt Times New Roman;margin:0">Weighted average of common shares outstanding - basic</p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:13.64%;border-bottom:3px double #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">          5,600,000 </p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:14.26%;border-bottom:3px double #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">           5,600,000 </p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:15.3%;border-bottom:3px double #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">             5,600,000 </p> </td><td style="background-color:#CCEEFF;width:4.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:15.75pt"><td style="width:42.48%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:3.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-indent:10pt"> </p> </td><td style="width:13.64%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="width:3.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="width:14.26%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:3.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:15.3%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:4.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td></tr> <tr style="height:15pt"><td colspan="7" style="background-color:#CCEEFF;width:95.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">The accompanying notes are an integral part of these financial statements.</p> </td><td style="background-color:#CCEEFF;width:4.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td></tr> </table> <p style="font:10pt Times New Roman;margin:0"> </p> <p style="font:10pt Times New Roman;margin:0"> </p> <p style="font:10pt Times New Roman;margin:0"> </p> <p style="font:10pt Times New Roman;margin:0"> </p> <p style="font:10pt Times New Roman;margin:0"> </p> <table style="margin:0 auto;border-collapse:collapse;width:100%"><tr style="height:15pt"><td colspan="7" style="width:91.64%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center">TIPMEFAST, INC.</p> </td><td style="width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td></tr> <tr style="height:15pt"><td colspan="7" style="width:91.64%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center">Restated Statement of Cash Flows </p> </td><td style="width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td></tr> <tr style="height:15pt"><td colspan="7" style="width:91.64%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center">(Unaudited)</p> </td><td style="width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td></tr> <tr style="height:15pt"><td style="width:47.22%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:2.76%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:2.76%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:12.38%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:2.76%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td></tr> <tr style="height:44.25pt"><td style="width:47.22%" valign="bottom"/><td style="width:2.76%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center">For the six months ended June 30, 2021</p> </td><td style="width:2.76%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="width:12.38%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center">For the six months ended June 30, 2021</p> </td><td style="width:2.76%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center">For the six months ended June 30, 2021</p> </td><td style="width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td></tr> <tr style="height:28.5pt"><td style="width:47.22%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:2.76%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:11.88%;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center">(As Previously Reported)</p> </td><td style="width:2.76%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="width:12.38%;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center">(Restatement Adjustments)</p> </td><td style="width:2.76%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="width:11.88%;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center">(As Restated)</p> </td><td style="width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td></tr> <tr style="height:25.5pt"><td style="background-color:#CCEEFF;width:47.22%" valign="bottom"><p style="font:10pt Times New Roman;margin:0">Cash Flows from Operating Activities:</p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:12.38%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td></tr> <tr style="height:15pt"><td style="width:47.22%" valign="bottom"><p style="font:10pt Times New Roman;margin:0">Net loss</p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">             (14,150)</p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="width:12.38%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                  (1,600)</p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">             (15,750)</p> </td><td style="width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:26.25pt"><td style="background-color:#CCEEFF;width:47.22%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-indent:7.15pt">Adjustments to reconcile net loss to net cash used in operating activities:</p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-indent:10pt"> </p> </td><td style="background-color:#CCEEFF;width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:12.38%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="background-color:#CCEEFF;width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:15pt"><td style="width:47.22%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-indent:14.35pt">Increase (decrease) in accounts payable</p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-indent:20pt"> </p> </td><td style="width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                 1,500 </p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="width:12.38%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                       600 </p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                 2,100 </p> </td><td style="width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:15pt"><td style="background-color:#CCEEFF;width:47.22%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-indent:14.35pt">Increase (decrease) in accrued expenses</p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-indent:20pt"> </p> </td><td style="background-color:#CCEEFF;width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                 1,500 </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:12.38%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                         -   </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                 1,500 </p> </td><td style="background-color:#CCEEFF;width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:15pt"><td style="width:47.22%" valign="bottom"><p style="font:10pt Times New Roman;margin:0">Net cash used in operating activities</p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="width:11.88%;border-top:0.5pt solid #000000;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">             (11,150)</p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="width:12.38%;border-top:0.5pt solid #000000;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                  (1,000)</p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="width:11.88%;border-top:0.5pt solid #000000;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">             (12,150)</p> </td><td style="width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:15pt"><td style="background-color:#CCEEFF;width:47.22%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:12.38%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:15pt"><td style="width:47.22%" valign="bottom"><p style="font:10pt Times New Roman;margin:0">Cash Flows from Financing Activities:</p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="width:12.38%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:15pt"><td style="background-color:#CCEEFF;width:47.22%" valign="bottom"><p style="font:10pt Times New Roman;margin:0">     Proceeds from related party</p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                       -   </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:12.38%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                    1,000 </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                 1,000 </p> </td><td style="background-color:#CCEEFF;width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:17.25pt"><td style="width:47.22%" valign="bottom"><p style="font:10pt Times New Roman;margin:0">Net cash provided by financing activities</p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="width:11.88%;border-top:0.5pt solid #000000;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                       -   </p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="width:12.38%;border-top:0.5pt solid #000000;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                    1,000 </p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="width:11.88%;border-top:0.5pt solid #000000;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                 1,000 </p> </td><td style="width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:15pt"><td style="background-color:#CCEEFF;width:47.22%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:12.38%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:12.75pt"><td style="width:47.22%" valign="bottom"><p style="font:10pt Times New Roman;margin:0">Net increase in cash, cash equivalents, and restricted cash</p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0">  </p> </td><td style="width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">             (11,150)</p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0">    </p> </td><td style="width:12.38%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                         -   </p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0">    </p> </td><td style="width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">             (11,150)</p> </td><td style="width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:12.75pt"><td style="background-color:#CCEEFF;width:47.22%" valign="bottom"><p style="font:10pt Times New Roman;margin:0">Cash, cash equivalents, and restricted cash at beginning of year</p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0">  </p> </td><td style="background-color:#CCEEFF;width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">               20,980 </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0">    </p> </td><td style="background-color:#CCEEFF;width:12.38%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                         -   </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0">    </p> </td><td style="background-color:#CCEEFF;width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">               20,980 </p> </td><td style="background-color:#CCEEFF;width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:15.75pt"><td style="width:47.22%" valign="bottom"><p style="font:10pt Times New Roman;margin:0">Cash, cash equivalents, and restricted cash at end of year</p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="width:11.88%;border-bottom:3px double #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                 9,830 </p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="width:12.38%;border-bottom:3px double #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                         -   </p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="width:11.88%;border-bottom:3px double #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                 9,830 </p> </td><td style="width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:15.75pt"><td style="background-color:#CCEEFF;width:47.22%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:12.38%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:15pt"><td style="width:47.22%" valign="bottom"><p style="font:10pt Times New Roman;margin:0">SUPPLEMENTAL CASH FLOW INFORMATION:</p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="width:12.38%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:15.75pt"><td style="background-color:#CCEEFF;width:47.22%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-indent:7.15pt">Cash paid for interest</p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="background-color:#CCEEFF;width:11.88%;border-bottom:3px double #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                       -   </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="background-color:#CCEEFF;width:12.38%;border-bottom:3px double #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                         -   </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="background-color:#CCEEFF;width:11.88%;border-bottom:3px double #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                       -   </p> </td><td style="background-color:#CCEEFF;width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:16.5pt"><td style="width:47.22%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-indent:7.15pt">Cash paid for income taxes</p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="width:11.88%;border-bottom:3px double #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                       -   </p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="width:12.38%;border-bottom:3px double #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                         -   </p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="width:11.88%;border-bottom:3px double #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                       -   </p> </td><td style="width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:15.75pt"><td style="background-color:#CCEEFF;width:47.22%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:12.38%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td></tr> <tr style="height:15pt"><td colspan="7" style="width:91.64%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center">The accompanying notes are an integral part of these financial statements.</p> </td><td style="width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td></tr> </table> <p style="font:10pt Times New Roman;margin:0"> </p> <p style="font:10pt Times New Roman;margin:0">The following are previously recorded and restated balances as of June 30, 2021.</p> <p style="font:10pt Times New Roman;margin:0"> </p> <table style="margin:0 auto;border-collapse:collapse;width:100%"><tr style="height:15pt"><td colspan="7" style="width:95.76%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center">TIPMEFAST, INC.</p> </td><td style="width:4.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td></tr> <tr style="height:15pt"><td colspan="7" style="width:95.76%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center">Restated Statement of Operations </p> </td><td style="width:4.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td></tr> <tr style="height:15pt"><td colspan="7" style="width:95.76%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center">(Unaudited)</p> </td><td style="width:4.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td></tr> <tr style="height:15pt"><td style="width:42.48%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:3.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="width:13.64%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="width:3.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="width:14.26%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:3.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:15.3%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:4.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td></tr> <tr style="height:38.25pt"><td style="width:42.48%" valign="bottom"/><td style="width:3.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:13.64%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center">For the six months ended June 30, 2021</p> </td><td style="width:3.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="width:14.26%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center">For the six months ended June 30, 2021</p> </td><td style="width:3.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="width:15.3%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center">For the six months ended June 30, 2021</p> </td><td style="width:4.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td></tr> <tr style="height:26.25pt"><td style="width:42.48%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:3.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:13.64%;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center">(As Previously Reported)</p> </td><td style="width:3.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="width:14.26%;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center">(Restatement Adjustments)</p> </td><td style="width:3.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="width:15.3%;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center">(As Restated)</p> </td><td style="width:4.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td></tr> <tr style="height:15pt"><td style="width:42.48%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:3.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:13.64%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:3.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="width:14.26%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:3.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="width:15.3%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:4.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td></tr> <tr style="height:15pt"><td style="background-color:#CCEEFF;width:42.48%" valign="bottom"><p style="font:10pt Times New Roman;margin:0">REVENUE:</p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="background-color:#CCEEFF;width:13.64%;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                       -   </p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="background-color:#CCEEFF;width:14.26%;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                        -   </p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="background-color:#CCEEFF;width:15.3%;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                          -   </p> </td><td style="background-color:#CCEEFF;width:4.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:15pt"><td style="width:42.48%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:13.64%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="width:14.26%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="width:15.3%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="width:4.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td></tr> <tr style="height:15pt"><td style="background-color:#CCEEFF;width:42.48%" valign="bottom"><p style="font:10pt Times New Roman;margin:0">EXPENSES:</p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:13.64%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="background-color:#CCEEFF;width:14.26%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="background-color:#CCEEFF;width:15.3%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="background-color:#CCEEFF;width:4.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td></tr> <tr style="height:15pt"><td style="width:42.48%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-indent:7.15pt">General and administrative</p> </td><td style="width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-indent:10pt"> </p> </td><td style="width:13.64%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                 3,000 </p> </td><td style="width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="width:14.26%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                        -   </p> </td><td style="width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="width:15.3%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                    3,000 </p> </td><td style="width:4.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:13.5pt"><td style="background-color:#CCEEFF;width:42.48%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-indent:7.15pt">Professional fees</p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-indent:10pt"> </p> </td><td style="background-color:#CCEEFF;width:13.64%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                 11,150 </p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:14.26%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                     1,600 </p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:15.3%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                    12,750 </p> </td><td style="background-color:#CCEEFF;width:4.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:15pt"><td style="width:42.48%" valign="bottom"><p style="font:10pt Times New Roman;margin:0">Total expenses</p> </td><td style="width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:13.64%;border-top:0.5pt solid #000000;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">14,150</p> </td><td style="width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="width:14.26%;border-top:0.5pt solid #000000;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">1,600</p> </td><td style="width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="width:15.3%;border-top:0.5pt solid #000000;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">15,750</p> </td><td style="width:4.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:15pt"><td style="background-color:#CCEEFF;width:42.48%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:13.64%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:14.26%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:15.3%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="background-color:#CCEEFF;width:4.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:15pt"><td style="width:42.48%" valign="middle"><p style="font:10pt Times New Roman;margin:0">OTHER INCOME (EXPENSE):</p> </td><td style="width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:13.64%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:14.26%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:15.3%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:4.24%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td></tr> <tr style="height:15pt"><td style="background-color:#CCEEFF;width:42.48%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-indent:7.15pt">Interest Income</p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-indent:10pt"> </p> </td><td style="background-color:#CCEEFF;width:13.64%;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                       -   </p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:14.26%;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                        -   </p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:15.3%;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                          -   </p> </td><td style="background-color:#CCEEFF;width:4.24%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:15pt"><td style="width:42.48%" valign="middle"><p style="font:10pt Times New Roman;margin:0">Total other income (expense)</p> </td><td style="width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:13.64%;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                       -   </p> </td><td style="width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="width:14.26%;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                        -   </p> </td><td style="width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="width:15.3%;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                          -   </p> </td><td style="width:4.24%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:15pt"><td style="background-color:#CCEEFF;width:42.48%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-indent:10pt"> </p> </td><td style="background-color:#CCEEFF;width:13.64%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:14.26%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:15.3%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:4.24%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td></tr> <tr style="height:15.75pt"><td style="width:42.48%" valign="bottom"><p style="font:10pt Times New Roman;margin:0">Net loss</p> </td><td style="width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="width:13.64%;border-bottom:3px double #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">               (14,150)</p> </td><td style="width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="width:14.26%;border-bottom:3px double #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                    (1,600)</p> </td><td style="width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="width:15.3%;border-bottom:3px double #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                   (15,750)</p> </td><td style="width:4.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:15.75pt"><td style="background-color:#CCEEFF;width:42.48%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:13.64%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="background-color:#CCEEFF;width:14.26%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="background-color:#CCEEFF;width:15.3%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="background-color:#CCEEFF;width:4.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td></tr> <tr style="height:15.75pt"><td style="width:42.48%" valign="bottom"><p style="font:10pt Times New Roman;margin:0">Net loss per common share - basic</p> </td><td style="width:3.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="width:13.64%;border-bottom:3px double #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">(0.00)</p> </td><td style="width:3.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="width:14.26%;border-bottom:3px double #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">(0.00)</p> </td><td style="width:3.36%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="width:15.3%;border-bottom:3px double #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">(0.00)</p> </td><td style="width:4.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:27.75pt"><td style="background-color:#CCEEFF;width:42.48%" valign="bottom"><p style="font:10pt Times New Roman;margin:0">Weighted average of common shares outstanding - basic</p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:13.64%;border-bottom:3px double #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">          5,600,000 </p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:14.26%;border-bottom:3px double #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">           5,600,000 </p> </td><td style="background-color:#CCEEFF;width:3.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:15.3%;border-bottom:3px double #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">             5,600,000 </p> </td><td style="background-color:#CCEEFF;width:4.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:15.75pt"><td style="width:42.48%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:3.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-indent:10pt"> </p> </td><td style="width:13.64%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="width:3.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="width:14.26%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:3.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:15.3%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:4.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td></tr> <tr style="height:15pt"><td colspan="7" style="background-color:#CCEEFF;width:95.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">The accompanying notes are an integral part of these financial statements.</p> </td><td style="background-color:#CCEEFF;width:4.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td></tr> </table> <p style="font:10pt Times New Roman;margin:0"> </p> <p style="font:10pt Times New Roman;margin:0"> </p> <p style="font:10pt Times New Roman;margin:0"> </p> <p style="font:10pt Times New Roman;margin:0"> </p> <p style="font:10pt Times New Roman;margin:0"> </p> <table style="margin:0 auto;border-collapse:collapse;width:100%"><tr style="height:15pt"><td colspan="7" style="width:91.64%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center">TIPMEFAST, INC.</p> </td><td style="width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td></tr> <tr style="height:15pt"><td colspan="7" style="width:91.64%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center">Restated Statement of Cash Flows </p> </td><td style="width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td></tr> <tr style="height:15pt"><td colspan="7" style="width:91.64%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center">(Unaudited)</p> </td><td style="width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td></tr> <tr style="height:15pt"><td style="width:47.22%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:2.76%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:2.76%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:12.38%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:2.76%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td></tr> <tr style="height:44.25pt"><td style="width:47.22%" valign="bottom"/><td style="width:2.76%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center">For the six months ended June 30, 2021</p> </td><td style="width:2.76%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="width:12.38%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center">For the six months ended June 30, 2021</p> </td><td style="width:2.76%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center">For the six months ended June 30, 2021</p> </td><td style="width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td></tr> <tr style="height:28.5pt"><td style="width:47.22%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:2.76%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:11.88%;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center">(As Previously Reported)</p> </td><td style="width:2.76%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="width:12.38%;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center">(Restatement Adjustments)</p> </td><td style="width:2.76%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="width:11.88%;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center">(As Restated)</p> </td><td style="width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td></tr> <tr style="height:25.5pt"><td style="background-color:#CCEEFF;width:47.22%" valign="bottom"><p style="font:10pt Times New Roman;margin:0">Cash Flows from Operating Activities:</p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:12.38%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td></tr> <tr style="height:15pt"><td style="width:47.22%" valign="bottom"><p style="font:10pt Times New Roman;margin:0">Net loss</p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">             (14,150)</p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="width:12.38%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                  (1,600)</p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">             (15,750)</p> </td><td style="width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:26.25pt"><td style="background-color:#CCEEFF;width:47.22%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-indent:7.15pt">Adjustments to reconcile net loss to net cash used in operating activities:</p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-indent:10pt"> </p> </td><td style="background-color:#CCEEFF;width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:12.38%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="background-color:#CCEEFF;width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:15pt"><td style="width:47.22%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-indent:14.35pt">Increase (decrease) in accounts payable</p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-indent:20pt"> </p> </td><td style="width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                 1,500 </p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="width:12.38%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                       600 </p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                 2,100 </p> </td><td style="width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:15pt"><td style="background-color:#CCEEFF;width:47.22%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-indent:14.35pt">Increase (decrease) in accrued expenses</p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-indent:20pt"> </p> </td><td style="background-color:#CCEEFF;width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                 1,500 </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:12.38%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                         -   </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                 1,500 </p> </td><td style="background-color:#CCEEFF;width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:15pt"><td style="width:47.22%" valign="bottom"><p style="font:10pt Times New Roman;margin:0">Net cash used in operating activities</p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="width:11.88%;border-top:0.5pt solid #000000;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">             (11,150)</p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="width:12.38%;border-top:0.5pt solid #000000;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                  (1,000)</p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="width:11.88%;border-top:0.5pt solid #000000;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">             (12,150)</p> </td><td style="width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:15pt"><td style="background-color:#CCEEFF;width:47.22%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:12.38%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:15pt"><td style="width:47.22%" valign="bottom"><p style="font:10pt Times New Roman;margin:0">Cash Flows from Financing Activities:</p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="width:12.38%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:15pt"><td style="background-color:#CCEEFF;width:47.22%" valign="bottom"><p style="font:10pt Times New Roman;margin:0">     Proceeds from related party</p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                       -   </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:12.38%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                    1,000 </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                 1,000 </p> </td><td style="background-color:#CCEEFF;width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:17.25pt"><td style="width:47.22%" valign="bottom"><p style="font:10pt Times New Roman;margin:0">Net cash provided by financing activities</p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="width:11.88%;border-top:0.5pt solid #000000;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                       -   </p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="width:12.38%;border-top:0.5pt solid #000000;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                    1,000 </p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="width:11.88%;border-top:0.5pt solid #000000;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                 1,000 </p> </td><td style="width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:15pt"><td style="background-color:#CCEEFF;width:47.22%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:12.38%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:12.75pt"><td style="width:47.22%" valign="bottom"><p style="font:10pt Times New Roman;margin:0">Net increase in cash, cash equivalents, and restricted cash</p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0">  </p> </td><td style="width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">             (11,150)</p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0">    </p> </td><td style="width:12.38%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                         -   </p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0">    </p> </td><td style="width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">             (11,150)</p> </td><td style="width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:12.75pt"><td style="background-color:#CCEEFF;width:47.22%" valign="bottom"><p style="font:10pt Times New Roman;margin:0">Cash, cash equivalents, and restricted cash at beginning of year</p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0">  </p> </td><td style="background-color:#CCEEFF;width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">               20,980 </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0">    </p> </td><td style="background-color:#CCEEFF;width:12.38%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                         -   </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0">    </p> </td><td style="background-color:#CCEEFF;width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">               20,980 </p> </td><td style="background-color:#CCEEFF;width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:15.75pt"><td style="width:47.22%" valign="bottom"><p style="font:10pt Times New Roman;margin:0">Cash, cash equivalents, and restricted cash at end of year</p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="width:11.88%;border-bottom:3px double #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                 9,830 </p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="width:12.38%;border-bottom:3px double #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                         -   </p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="width:11.88%;border-bottom:3px double #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                 9,830 </p> </td><td style="width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:15.75pt"><td style="background-color:#CCEEFF;width:47.22%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:12.38%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:15pt"><td style="width:47.22%" valign="bottom"><p style="font:10pt Times New Roman;margin:0">SUPPLEMENTAL CASH FLOW INFORMATION:</p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="width:12.38%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:15.75pt"><td style="background-color:#CCEEFF;width:47.22%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-indent:7.15pt">Cash paid for interest</p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="background-color:#CCEEFF;width:11.88%;border-bottom:3px double #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                       -   </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="background-color:#CCEEFF;width:12.38%;border-bottom:3px double #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                         -   </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="background-color:#CCEEFF;width:11.88%;border-bottom:3px double #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                       -   </p> </td><td style="background-color:#CCEEFF;width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:16.5pt"><td style="width:47.22%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-indent:7.15pt">Cash paid for income taxes</p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="width:11.88%;border-bottom:3px double #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                       -   </p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="width:12.38%;border-bottom:3px double #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                         -   </p> </td><td style="width:2.76%" valign="middle"><p style="font:10pt Times New Roman;margin:0;text-align:center">$</p> </td><td style="width:11.88%;border-bottom:3px double #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right">                       -   </p> </td><td style="width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td></tr> <tr style="height:15.75pt"><td style="background-color:#CCEEFF;width:47.22%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:12.38%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:2.76%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:11.88%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td></tr> <tr style="height:15pt"><td colspan="7" style="width:91.64%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center">The accompanying notes are an integral part of these financial statements.</p> </td><td style="width:8.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td></tr> </table> 0 0 0 3000 0 3000 11150 1600 12750 14150 1600 15750 0 0 0 0 0 0 -14150 -1600 -15750 -0.00 -0.00 -0.00 5600000 5600000 5600000 -14150 -1600 -15750 1500 600 2100 1500 0 1500 -11150 -1000 -12150 0 1000 1000 0 1000 1000 -11150 0 -11150 20980 0 20980 9830 0 9830 0 0 0 0 0 0 <p style="font:10pt Times New Roman;margin:0"><b>NOTE 6 – RELATED PARTY TRANSACTIONS</b></p> <p style="font:10pt Times New Roman;margin:0"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">On May 06, 2022, Company received $300 from Raid Chalil, President and Director of the company as a loan. These loans were unsecured, noninterest bearing and due on demand. </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">On May 25, 2022, Company received $2,750 from Raid Chalil, President and Director of the company as a loan. These loans were unsecured, noninterest bearing and due on demand. </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0">As at June 30,2022 and December 31, 2021, the Company owed $4,050 and $1,000, respectively to Raid Chalil, President and Director of the Company, which is unsecured, non-interest bearing and due on demand.</p> 300 These loans were unsecured, noninterest bearing and due on demand 2750 These loans were unsecured, noninterest bearing and due on demand 4050 1000 unsecured, non-interest bearing and due on demand unsecured, non-interest bearing and due on demand <p style="font:10pt Times New Roman;margin:0"><b>NOTE 7 – SUBSEQUENT EVENTS</b></p> <p style="font:10pt Times New Roman;margin:0"> </p> <p style="font:10pt Times New Roman;margin-top:0pt;margin-bottom:8pt">The Company evaluated all events or transactions that occurred after June 30, 2022 through July 12, 2022. 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