The following discussion of our financial condition and results of operations should be read in conjunction with our financial statements for the years ended June 30, 2017 and June 30, 2016 together with notes thereto as included in this Annual Report on Form 10-K. The following discussion contains forward-looking statements that reflect our plans, estimates and beliefs. Our actual results could differ materially from those discussed in the forward-looking statements. Factors that could cause or contribute to such differences include but are not limited to those discussed below and elsewhere in this Annual Report, particularly in the section entitled "Risk Factors." Our audited financial statements are stated in United States Dollars and are prepared in accordance with United States Generally Accepted Accounting Principles.

We are a development stage company since we have no current operations, are currently pursuing options to find suitable merger candidates and have not generated any significant revenue to date. We have incurred recurring losses to date. Our financial statements have been prepared assuming that we will continue as a going concern and, accordingly, do not include adjustments relating to the recoverability and realization of assets and classification of liabilities that might be necessary should we be unable to continue in operation.

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





RESULTS OF OPERATION

Year Ended June 30, 2017 Compared to Year Ended June 30, 2016

Our net loss for the year ended June 30, 2017 was ($123,294) compared to a net loss of ($141,067) during the year ended June 30, 2016. The decrease in net loss was mainly due to the decrease in filing. During the years ended June 30, 2017 and June 30, 2016, we did not generate any revenue.

During the year ended June 30, 2017, we incurred operating expenses of $120,598 compared to $138,371incurred during the year ended June 30, 2016. The decrease in operating expenses was mainly due to the decrease in filing fees.

During the year ended June 30, 2017, we incurred interest expenses of $2,696, compared to $2,696 incurred during the year ended June 30, 2016.

On January 1, 2015, the company entered into a management agreement with Mr. Horkey for a period of 5 years and will issue 350,000 shares of its common stock as consideration and is accounted for on the balance sheet as shares to be issued and will be expensed over the life of the contract (5 years), which resulted in a prepaid consulting expense of $210,000. For the year ended June 30, 2017, we expensed $42,000 in consulting expense for Mr. Horkey They were valued on the date of the agreement and the stock price at that time was $.60.

Therefore, our net loss and loss per share during the year ended June 30, 2017 was ($123,294) compare to a net loss for year ended June 30, 2016 of ($141,067).

LIQUIDITY AND CAPITAL RESOURCES





Year Ended June 30, 2017

As of June 30, 2017, our current assets were $0 and our current liabilities were $285,350, which resulted in a working capital deficit of $285,350.

As of June 30, 2017, our total liabilities were $285,350 comprised entirely of current liabilities. The increase in liabilities during the year ended June 30, 2017 from the year ended June 30, 2016 was primarily due to increase in amounts due to other related parties and Management Fees.






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Cash Flows from Operating Activities

For the year ended June 30, 2017, net cash flows used in operating activities was $(0) compared to net cash used in operating activity of $(26) for the same period in 2016.

Cash Flows from Investing Activities

For the year ended June 30, 2017 and June 30, 2016, net cash flows used in investing activities was $0.

Cash Flows from Financing Activities

For the year ended June 30, 2017, net cash flows from financing activities was $0. For the year ended June 30, 2016, net cash flows provided by financing activities was $0.

PLAN OF OPERATION AND FUNDING

We expect that working capital requirements will continue to be funded through a combination of our proceeds from the sales of stock and generation of revenues from acquisitions. Our working capital requirements are expected to increase in line with the growth of our business.

Our principal demands for liquidity are to increase business operations and for general corporate purposes. We intend to meet our liquidity requirements, including capital expenditures related to future business operations, and the expansion of our business, through cash flow provided by funds raised through proceeds from the issuance of debt or equity.





MATERIAL COMMITMENTS



Convertible Debenture

As of June 30, 2014, we had a note payable dated June 30, 2010 in the principal amount of $1,253,095. As of March 31, 2016, this note has been either converted to stock or paid. The note payable accrues interest at the rate of 5% per annum, however that interest has been forgiven each year by the note holders. As of September 21, 2014, the note payable balance of $691,926 ($650,000 at June 30, 2013 plus additional advances of $41,926 for the year ended June 30, 2014) has been converted into shares of common stock. See "Item 5.





PURCHASE OF SIGNIFICANT



EQUIPMENT

We do not intend to purchase any significant equipment during the next twelve months.

OFF-BALANCE SHEET ARRANGEMENTS

As of the date of this Annual Report, 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.






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RESULTS OF OPERATION

Quarter Ended September 30, 2016 Compared to Quarter Ended September 30, 2015

Our net loss for the quarter ended September 30, 2016 was ($34,692) compared to a net loss of ($34,075) during the quarter ended September 30, 2015.

During the quarter ended September 30, 2016, we incurred operating expenses of $34,018 compared to $33,401 incurred during the quarter ended September 30, 2015. The increase in expenses was mainly due to an increase in transfer agent fees.

On January 1, 2015, the company entered into a management agreement with Mr. Horkey for a period of 5 years and will issue 350,000 shares of its common stock as consideration and is accounted for on the balance sheet as shares to be issued and will be expensed over the life of the contract (5 years), which resulted in a prepaid consulting expense of $210,000. For the three months ended September 30, 2016, we expensed $18,000 in consulting expense for Mr. Horkey They were valued on the date of the agreement and the stock price at that time was $.60.

During the quarter ended September 30, 2016, we incurred interest expenses of $674 compared to $674 incurred during the quarter ended September 30, 2015.

LIQUIDITY AND CAPITAL RESOURCES

Quarter Ended September 30, 2016

As of September 30, 2016, our current assets were $0 and our current liabilities were $235,748, which resulted in a working capital deficit of $235,748.

As of September 30, 2016, and 2015, our total liabilities were comprised entirely of current liabilities.

Cash Flows from Operating Activities

For the three months ended September 30, 2016, net cash flows used in operating activities was $0 compared to net cash used in operating activity of $(26) for the same period in 2015.

Cash Flows from Investing Activities

For the three months ended September 30, 2016 and September 30, 2015, net cash flows used in investing activities was $0.

Cash Flows from Financing Activities

For the three months ended September 30, 2016 and 2015, net cash flows from financing activities was $0.

PLAN OF OPERATION AND FUNDING

We expect that working capital requirements will continue to be funded through a combination of our proceeds from the sales of stock and generation of revenues from acquisitions. Our working capital requirements are expected to increase in line with the growth of our business.

Our principal demands for liquidity are to increase business operations and for general corporate purposes. We intend to meet our liquidity requirements, including capital expenditures related to future business operations, and the expansion of our business, through cash flow provided by funds raised through proceeds from the issuance of debt or equity.






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MATERIAL COMMITMENTS



Convertible Debenture

As of March 31, 2014, we have a note payable dated June 30, 2010 in the principal amount of $1,253,095 of which As of September 30, 2016 this note has been either converted to stock or paid in full. The note payable accrued interest at the rate of 5% per annum, however that interest has been forgiven each year by the note holders. As of September 14, 2014, the amounts due to related parties on convertible notes was $0. The Board of Directors approved convert $691,926 of these related party notes payable, however as of September 30, 2016, the Shares have yet to be issued.

PURCHASE OF SIGNIFICANT EQUIPMENT

We do not intend to purchase any significant equipment during the next twelve months.

OFF-BALANCE SHEET ARRANGEMENTS

As of the date of this Quarterly Report, 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.





RESULTS OF OPERATION

Quarter Ended December 31, 2016 Compared to Quarter Ended December 31, 2015

Our net loss for the quarter ended December 31, 2016 was ($34,856) compared to a net loss of ($35,630) during the quarter ended December 31, 2015. The decrease in net loss was mainly due to the decrease in filing fees.

During the quarter ended December 31, 2016, we incurred operating expenses of $34,182 compared to $34,956 incurred during the quarter ended December 31, 2015. The decrease in expenses was mainly due to the decrease in filing fees.

During the quarter ended December 31, 2016, we incurred interest expenses of $674 compared to $674 incurred during the quarter ended December 31, 2015.

Six Months Ended December 31, 2016 Compared to Six Months Ended December 31, 2015

Our net loss for the six months ended December 31, 2016 was ($69,548) compared to a net loss of ($69,705) during the six months ended December 31, 2015. The decrease in net loss was mainly due to the decrease in filing fees.

During the six months ended December 31, 2016, we incurred operating expenses of $68,200 compared to $68,357 incurred during the six months ended December 31, 2015. The decrease in expenses was mainly due to the decrease in filing fees.

On January 1, 2015, the company entered into a management agreement with Mr. Horkey for a period of 5 years and will issue 350,000 shares of its common stock as consideration and is accounted for on the balance sheet as shares to be issued and will be expensed over the life of the contract (5 years), which resulted in a prepaid consulting expense of $210,000. For the six months ended December 31, 2016, we expensed $21,000 in consulting expense for Mr. Horkey They were valued on the date of the agreement and the stock price at that time was $.60.

During the six months ended December 31, 2016, we incurred interest expenses of $1,348 compared to $1,348 incurred during the six months ended December 31, 2015.






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LIQUIDITY AND CAPITAL RESOURCES

Six Months Ended December 31, 2016

As of December 31, 2016, our current assets were $0 and our current liabilities were $252,604, which resulted in a working capital deficit of $252,604.

As of December 31, 2016, and June 30, 2016 our total liabilities were entirely of current liabilities.

Cash Flows from Operating Activities

For the six months ended December 31, 2016, net cash flows used in operating activities was $0 compared to net cash used in operating activity of $(26) for the same period in 2015.

Cash Flows from Investing Activities

For the six months ended December 31, 2016 and December 31, 2015, net cash flows used in investing activities was $0.

Cash Flows from Financing Activities

For the six months ended December 31, 2016 and 2015, net cash flows from financing activities was $0 and $0 respectively.

PLAN OF OPERATION AND FUNDING

We expect that working capital requirements will continue to be funded through a combination of our proceeds from the sales of stock and generation of revenues from acquisitions. Our working capital requirements are expected to increase in line with the growth of our business.

Our principal demands for liquidity are to increase business operations and for general corporate purposes. We intend to meet our liquidity requirements, including capital expenditures related to future business operations, and the expansion of our business, through cash flow provided by funds raised through proceeds from the issuance of debt or equity.





MATERIAL COMMITMENTS



Convertible Debenture

As of March 31, 2014, we have a note payable dated June 30, 2010 in the principal amount of $1,253,095 of which As of December 31, 2015 this note has been either converted to stock or paid in full. The note payable accrued interest at the rate of 5% per annum, however that interest has been forgiven each year by the note holders. As of September 14, 2014, the amounts due to related parties on convertible notes was $0. The Board of Directors approved convert $691,926 of these related party notes payable, however as of December 31, 2016, the Shares have yet to be issued.

PURCHASE OF SIGNIFICANT EQUIPMENT

We do not intend to purchase any significant equipment during the next twelve months.

OFF-BALANCE SHEET ARRANGEMENTS

As of the date of this Quarterly Report, 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.






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RESULTS OF OPERATION

Quarter Ended March 31, 2017 Compared to Quarter Ended March 31, 2016

Our net loss for the quarter ended March 31, 2017 was ($26,710) compared to a net loss of ($35,592) during the quarter ended March 31, 2016. During the quarters ended March 31, 2017 and March 31, 2016, we did not generate any revenue. The decrease in net loss was mainly due to the decrease in filing fees.

During the quarter ended March 31, 2017, we incurred operating expenses of $33,536 compared to $34,918 incurred during the quarter ended March 31, 2016. The decrease in expenses was mainly due to the decrease in filing fees.

During the quarter ended March 31, 2017, we incurred interest expenses of $674 compared to $674 incurred during the quarter ended March 31, 2016.

Nine months Ended March 31, 2017 Compared to Nine months Ended March 31, 2016

Our net loss for the nine months ended March 31, 2017 was ($96,257) compared to a net loss of ($105,296) during the nine months ended March 31, 2016. During the nine months ended March 31, 2017 and March 31, 2016, we did not generate any revenue. The decrease in net loss was mainly due to the decrease in filing fees.

During the nine months ended March 31, 2017, we incurred operating expenses of $94,235 compared to $103,274 incurred during the nine months ended March 31, 2016. The decrease in expenses was mainly due to the decrease in filing fees.

On January 1, 2015, the company entered into a management agreement with Mr. Horkey for a period of 5 years and will issue 350,000 shares of its common stock as consideration and is accounted for on the balance sheet as shares to be issued and will be expensed over the life of the contract (5 years), which resulted in a prepaid consulting expense of $210,000. For the nine months ended March 31, 2017, we expensed $31,500 in consulting expense for Mr. Horkey They were valued on the date of the agreement and the stock price at that time was $.60.

During the nine months ended March 31, 2017, we incurred interest expenses of $2,022 compared to $2,022 incurred during the nine months ended March 31, 2016.

LIQUIDITY AND CAPITAL RESOURCES

Nine months Ended March 31, 2017

As of March 31, 2017, our current assets were $0 and our current liabilities were $268,814, which resulted in a working capital deficit of $268,814.

As of March 31, 2017 and June 30, 2016, our total liabilities were comprised entirely of current liabilities.

Cash Flows from Operating Activities

For the nine months ended March 31, 2017, net cash flows used in operating activities was $0 compared to net cash used in operating activity of $(26) for the same period in 2016.

Cash Flows from Investing Activities

For the nine months ended March 31, 2017 and March 31, 2016, net cash flows used in investing activities was $0.

Cash Flows from Financing Activities

For the nine months ended March 31, 2017, net cash flows from financing activities was $0. For the nine months ended March 31, 2016 net cash flows used in financing activities was $0.






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PLAN OF OPERATION AND FUNDING

We expect that working capital requirements will continue to be funded through a combination of our proceeds from the sales of stock and generation of revenues from acquisitions. Our working capital requirements are expected to increase in line with the growth of our business.

Our principal demands for liquidity are to increase business operations and for general corporate purposes. We intend to meet our liquidity requirements, including capital expenditures related to future business operations, and the expansion of our business, through cash flow provided by funds raised through proceeds from the issuance of debt or equity.





MATERIAL COMMITMENTS



Convertible Debenture

As of March 31, 2017, we have a note payable dated June 30, 2010 in the principal amount of $1,253,095. As of March 31, 2017, this note has been either converted to stock or paid. The note payable accrues interest at the rate of 5% per annum, however that interest has been forgiven each year by the note holders. As of September 14, 2014, the amounts due to related parties on convertible notes was $0. The Board of Directors approved convert $691,926 of these related party notes payable, however as of March 31, 2017, the Shares have yet to be issued.

PURCHASE OF SIGNIFICANT EQUIPMENT

We do not intend to purchase any significant equipment during the next twelve months.





GOING CONCERN

The independent auditors' report accompanying our June 30, 2017 and June 30, 2016 financial statements contains an explanatory paragraph expressing substantial doubt about our ability to continue as a going concern. The financial statements have been prepared "assuming that we will continue as a going concern," which contemplates that we will realize our assets and satisfy our liabilities and commitments in the ordinary course of business. We have suffered recurring losses from operations and have a working capital deficit. These factors raise substantial doubt about our ability to continue as a going concern.

RECENTLY ISSUED ACCOUNTING STANDARDS

The following describes the recently issued accounting standards used in reporting our financial condition and results of operations. In some cases, accounting standards allow more than one alternative accounting method for reporting. Such is the case with accounting for oil and gas activities described below. In those cases, our reported results of operations would be different should we employ an alternative accounting method.

Management does not believe that any other recently issued, but not yet effective accounting pronouncements, if adopted, would have a material effect on the accompanying consolidated financial statements.

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