FORWARD-LOOKING STATEMENTS

This annual report contains forward-looking statements. These statements relate to future events or our future financial performance. These statements often can be identified by the use of terms such as "may," "will," "expect," "believe," "anticipate," "estimate," "approximate" or "continue," or the negative thereof. We intend that such forward-looking statements be subject to the safe harbors for such statements. We wish to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Any forward-looking statements represent management's best judgment as to what may occur in the future. However, forward-looking statements are subject to risks, uncertainties and important factors beyond our control that could cause actual results and events to differ materially from historical results of operations and events and those presently anticipated or projected. We disclaim any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statement or to reflect the occurrence of anticipated or unanticipated events.




DESCRIPTION OF BUSINESS

We are a Data Centric company with business activities focused 4 main areas: Building, and operating of Tier 3 Data Centers across five continents, development Data Content and Web applications, Cyber Security, and a Green Energy Division.

All four divisions work synergistic with each other in a Synergetic Ecosystem which enables growth and business protection.

Our companies mandate and focus is to harness the Cloud and provide all aspects of Data Services from Protection, to facilitation, to storage, to the sustainable energy consumption at all our Data Center locations and beyond.

Results of Operation for the Three Months Ended March 31, 2021 Compared to the Three Months Ended March 31, 2020

Revenue

During the three months ended March 31, 2021 and 2020 we did not generate any revenue.

General and Administrative Expenses

During the three months ended March 31, 2021, we incurred $20,173 in general and administrative expenses ("G&A") compared to $4,633 during the three months ended March 31, 2020, an increase of $15,540. The primary expenses in the current period were for consulting services and development expense.

Professional Fees

During the three months ended March 31, 2021, we incurred $31,154 in professional fees compared to $0 during the three months ended March 31, 2020. During the current period we incurred $20,600 for audit fees and $10,554 in legal fees.




Other income/expense

During the three months ended March 31, 2021, we incurred $1,729 of interest expense offset by $1,708 in interest income.

Net Loss

Our net loss for the three months ended March 31, 2021 was $51,348 compared to a net loss of $4,633 for the three months ended March 31, 2020. The increase in our net loss is due to our increased expenses as discussed above.






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Results of Operation for the Six Months Ended March 31, 2021 Compared to the Six Months Ended March 31, 2020




Revenue

During the six months ended March 31, 2021 and 2020 we did not generate any revenue.

General and Administrative Expenses

During the six months ended March 31, 2021, we incurred $55,432 of G&A expense compared to $9,591 during the six months ended March 31, 2020, an increase of $45,841 The primary expenses in the current period were for consulting services and development expense.




Professional Fees

During the six months ended March 31, 2021, we incurred $45,964 in professional fees compared to $0 during the six months ended March 31, 2020. During the current period we incurred $20,600 for audit fees, $2,000 of accounting expense and $23,364 in legal fees.




Other income/expense

During the six months ended March 31, 2021, we incurred $1,729 of interest expense offset by $1,708 in interest income.

Net Loss

Our net loss for the six months ended March 31, 2021 was $101,417 compared to a net loss of $9,591 for the six months ended March 31, 2020. The increase in our net loss is due to our increased expenses as discussed above.

Liquidity and Capital Resources

At March 31, 2021, the Company had total current assets of $218,933, consisting primarily of cash and a note receivable. We had total current liabilities of $376,340 consisting mostly of loans from related parties.

Cash Flows from Operating Activities

For the six months ended March 31, 2021, we used $108,210 of cash in operating activities compared to $9,440 for the six months ended March 31, 2020.

Cash Flows from Investing Activities

During the six months ended March 31, 2021, we issued a note receivable for $150,000, $75,000 of which has already been repaid.

Cash Flows from Financing Activities

We have financed our operations primarily from loans from related parties. For the six months ended March 31, 2021 net cash provided by financing activities was $239,000. For the three months ended March 31, 2020 net cash provided by financing activities was $9,368.

PLAN OF OPERATION AND FUNDING

We expect that working capital requirements will continue to be funded through a combination of our existing funds and further issuances of securities. Our working capital requirements are expected to increase in line with the growth of our business.

Existing working capital, further advances and debt instruments, and anticipated cash flow are expected to be adequate to fund our operations over the next six months. We have no lines of credit or other bank financing arrangements. Generally, we have financed operations to date through the proceeds of the private placement of





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equity and debt instruments. In connection with our business plan, management anticipates additional increases in operating expenses and capital expenditures relating to: (i) developmental expenses associated with a start-up business and (ii) marketing expenses. We intend to finance these expenses with further issuances of securities, and debt issuances. Thereafter, we expect we will need to raise additional capital and generate revenues to meet long-term operating requirements. Additional issuances of equity or convertible debt securities will result in dilution to our current shareholders. Further, such securities might have rights, preferences or privileges senior to our common stock. Additional financing may not be available upon acceptable terms, or at all. If adequate funds are not available or are not available on acceptable terms, we may not be able to take advantage of prospective new business endeavors or opportunities, which could significantly and materially restrict our business operations.

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.




Going Concern

We have not attained profitable operations and are dependent upon obtaining financing to pursue any extensive activities. For these reasons, our auditors stated in their report on our audited financial statements that they have substantial doubt that we will be able to continue as a going concern without further financing.

The Company has not yet established an ongoing source of revenues sufficient to cover its operating costs for the next fiscal year and allow it to continue as a going concern. The ability of the Company to continue as a going concern is dependent on the Company obtaining adequate capital to fund operating losses until it becomes profitable.

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