Acquisition

9 Months Ended

Sep. 30, 2021

Acquisition

Note 3 - Acquisition

Note 3 – Acquisition

On May 10, 2021, the Company acquired 100% of the outstanding common shares of Strategic Assets Holdings, Inc. (SAH), a company controlled by Jason Tucker, our sole officer and director. The goodwill arising from the acquisition consists solely for the coast in excess of company net asset value. The Company impaired goodwill on acquisition and recorded an impairment of $52,976 to operating expenses.

The following table summarizes the consideration paid for SAH and the amounts of the assets acquired, and liabilities assumed recognized at the acquisition date at May 10, 2021:

Consideration:
Note payable	$	50,000

Unaudited combined proforma results of operations for the nine months ended September 30, 2021 and 2020 as though the Company acquired SAH on June 8, 2020 (Inception), are set forth below:

	Nine Months Ended
	September 30,
	2021			2020
Revenues	$	-		$	-
Cost of revenues		-			-
Gross profit		-			-
Operating expenses		95,851			-
Operating loss		(95,851	)		-
Other expense		(1,469	)		-
Net Loss	$	(97,320	)	$	-