{"url_path":"/sec/cik-0002065287/10-k/2026/item-16","section_key":"item-16","section_title":"Item 16 Form 10-K Summary**","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/2065287/0002065287-26-000008-index.html","accession_number":"0002065287-26-000008","cik":"0002065287","ticker":null,"issuer_name":"Dankon Corp","edgar_url":"https://www.sec.gov/Archives/edgar/data/2065287/0002065287-26-000008-index.html","primary_entity_key":"0002065287","primary_entity_name":"Dankon Corp"},"word_count":3616,"has_tables":true,"body_markdown":"**ITEM\n16. Form 10-K Summary**\n\nNone.\n\n \n\n17\n\n \n\n**SIGNATURES**\n\nPursuant to the requirements of Section 13 or\n15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned,\nthereunto duly authorized on May 15, 2026.\n\n \n\n \n**Dankon Corporation**\n\n \n \n\n \n*By: /s/\nEdgar Ulises Rodriguez Velazquez*\n\n \n\nEdgar Ulises Rodriguez Velazquez, President,\n\nSecretary, Chief Executive Officer and Chief Financial Officer\n\n \nTreasurer, Director\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n18\n\n \n\n**INDEX TO FINANCIAL STATEMENTS**\n\n**  **\n\nReport of Independent Registered Public Accounting Firm (PCAOB Firm ID #7275)\n \nF-2\n\nBalance Sheets as of February 28, 2026 and 2025 (audited)\n \nF-3\n\nStatements of Operations for the year ended February 28, 2026 and for the period from November 11, 2024 (Inception) to February 28, 2025 (audited)\n \nF-4\n\nStatements of Changes in Stockholders’ Equity (Deficit) for the year ended February 28, 2026 and for the period from November 11, 2024 (Inception) to February 28, 2025 (audited)\n \nF-5\n\nStatements of Cash Flows for the year ended February 28, 2026 and for the period From November 11, 2024 (Inception) to February 28, 2025 (audited)\n \nF-6\n\nNotes to Financial Statements (audited)\n \nF-7 to F-13\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\nF-1\n\n \n\n** ** \n\nREPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM\n\n \n\nTo the Board of Directors and Stockholders of Dankon\nCorporation\n\n**Opinion on the Financial Statements**\n\nWe have audited the accompanying balance sheets\nof Dankon Corporation (the “Company”) as of February 28, 2026 and February 28, 2025, and the related statements of operations,\nchanges in stockholders’ equity, and cash flows for the year ended February 28, 2026 and for the period from November 11, 2024 (inception)\nthrough February 28, 2025, and the related notes (collectively referred to as the “financial statements”).\n\nIn our opinion, the financial statements present\nfairly, in all material respects, the financial position of the Company as of February 28, 2026 and February 28, 2025, and the results\nof its operations and its cash flows for the year ended February 28, 2026 and for the period from November 11, 2024 (inception) through\nFebruary 28, 2025, in conformity with accounting principles generally accepted in the United States of America.\n\n**Substantial Doubt about the Company’s\nAbility to Continue as a Going Concern**\n\nThe accompanying financial statements have been\nprepared assuming that the Company will continue as a going concern. As discussed in the financial statements, the Company has incurred\nrecurring losses from operations, reported a net loss of approximately $41,615 for the year ended February 28, 2026, and has an accumulated\ndeficit resulting in a negative equity position of approximately $310. These conditions, among others, raise substantial doubt about the\nCompany’s ability to continue as a going concern for a reasonable period of time. Management’s plans regarding these matters\nare also described in the financial statements and include efforts to raise additional capital, generate revenue growth, and manage operating\ncosts. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.\n\n**Basis for Opinion**\n\nThese financial statements are the responsibility\nof the Company’s management. Our responsibility is to express an opinion on the Company’s financial statements based on our\naudits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are\nrequired to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and\nregulations of the Securities and Exchange Commission and the PCAOB.\n\nWe conducted our audits in accordance with the\nstandards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial\nstatements are free of material misstatement, whether due to error or fraud. The Company is not required to have, nor were we engaged\nto perform, an audit of its internal control over financial reporting. As part of our audits, we are required to obtain an understanding\nof internal control over financial reporting, but not for the purpose of expressing an opinion on the effectiveness of the Company’s\ninternal control over financial reporting. Accordingly, we express no such opinion.\n\nOur audits included performing procedures to assess\nthe risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond\nto those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements.\nOur audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating\nthe overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.\n\n**Critical Audit Matters**\n\nCritical audit matters are matters arising from\nthe current period audit of the financial statements that were communicated or required to be communicated to the audit committee and\nthat (1) relate to accounts or disclosures that are material to the financial statements and (2) involved our especially challenging,\nsubjective, or complex judgments. We determined that there were no critical audit matters.\n\nAloba, Awomolo & Partners –\nPCAOB ID #7275\n\n \n\nWe have served as the Company’s auditor\nsince 2025.\n\nIbadan, Nigeria\n\nMay 15, 2026\n\n \n\nF-2\n\n \n\n**Dankon Corporation**\n\n**Balance Sheets (Audited)**\n\n \n\n \n \n**As of February 28, 2026**\n \n**As of February 28, 2025**\n\n \n \n \n \n \n\n**ASSETS**\n \n \n \n \n\nCurrent Assets\n \n \n \n \n\nCash\n$\n3,884\n$\n3,500\n\nPrepaid Expenses\n \n21,493\n \n-\n\n**Total Current Assets**\n \n**25,377**\n \n**3,500**\n\n \n \n \n \n \n\nOther Assets\n \n \n \n \n\nIntangible Assets\n \n87,670\n \n45,000\n\nProject in Progress\n \n13,050\n \n-\n\n**Total Other Assets**\n \n**100,720**\n \n**45,000**\n\n**TOTAL ASSETS**\n\n \n\n$\n\n**126,097**\n\n \n\n$\n\n**48,500**\n\n \n \n \n \n \n\n**LIABILITIES AND STOCKHOLDERS` EQUITY (DEFICIT)**\n \n \n \n \n\n \n \n \n \n \n\nLiabilities\n \n \n \n \n\nCurrent Liabilities\n \n \n \n \n\nAccounts Payable\n$\n13,250\n$\n38,000\n\nLoan from Related Parties\n \n84,730\n \n13,230\n\nDeferred Revenue\n \n28,427\n \n-\n\n**Total Current Liabilities**\n \n**126,407**\n \n**51,230**\n\n**Total Liabilities**\n \n**126,407**\n \n**51,230**\n\n \n \n \n \n \n\n**Stockholders’ Deficit**\n \n \n \n \n\nCommon stock, $0.001 par value, 75,000,000 shares authorized; 5,261,400 and 3,500,000 shares issued and outstanding as of February 28, 2026 and 2025, respectively\n \n5,261\n \n3,500\n\nAdditional Paid-in Capital\n \n42,274\n \n-\n\nAccumulated deficit\n \n(47,845)\n \n(6,230)\n\n**Total Stockholders` Equity (Deficit)**\n**$**\n**(310)**\n**$**\n**(2,730)**\n\n**TOTAL LIABILITIES AND STOCKHOLDERS` EQUITY (DEFICIT)**\n\n \n\n**$**\n\n**126,097**\n\n \n\n**$**\n\n**48,500**\n\n   \n\n \n\nSee accompanying notes, which are an integral part\nof these financial statements\n\n \n\nF-3\n\n \n\n**Dankon Corporation**\n\n**Statements of Operations\n(Audited)**\n\n****\n\n \n\n \n \n**For\nthe year ended February 28, 2026**\n \n\n**From November 11,\n2024 (Inception)**\n\n**to February 28,\n2025**\n\n**REVENUES**\n\n \n\n**$**\n\n** **\n\n**56,363**\n\n**$**\n\n** **\n\n**-**\n\n \n \n \n \n \n\n**OPERATING\nEXPENSES**\n \n \n \n \n\nGeneral\n& Administrative Expenses\n \n84,508\n \n6,230\n\nAmortization\n \n13,470\n \n-\n\n**TOTAL\nOPERATING EXPENSES**\n**$**\n**97,978**\n**$**\n**6,230**\n\n \n \n \n \n \n\n**LOSS\nFROM OPERATIONS**\n**$**\n**(41,615)**\n**$**\n**(6,230)**\n\n \n \n \n \n \n\n**PROVISION\nFOR INCOME TAXES**\n \n-\n \n-\n\n \n \n \n \n \n\n**NET\nLOSS**\n**$**\n**(41,615)**\n**$**\n**(6,230)**\n\n**NET\nLOSS PER SHARE: BASIC AND DILUTED**\n\n \n\n**$**\n\n** **\n\n**(0.01)**\n\n \n\n**$**\n\n** **\n\n**(0.00)**\n\n**WEIGHTED\nAVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED**\n \n\n** **\n\n** **\n\n**4,341,224**\n\n \n**3,500,000**\n\n** **\n\n* *\n\n* *\n\n* *\n\nSee accompanying notes,\nwhich are an integral part of these financial statements.\n\n \n\nF-4\n\n \n\n \n\n \n\n**Dankon Corporation**\n\n**Statement of Changes in Stockholders’ Equity\n(Deficit)**\n\n**For the year ended February 28, 2026 and for the\nperiod from November 11, 2024 (Inception) February 28, 2025 (Audited)**\n\n** **\n\n** **\n\n \n \n \n \n \n \n \n \n \n \n\n \n**Common Stock**\n \n\n****\n\n**Additional Paid-in Capital**\n\n \n\n** Accumulated Deficit**\n\n \n\n**Total Stockholders’**\n\n** Equity (Deficit)**\n\n \n** Shares**\n \n**Amount**\n \n \n \n\n**Balance at November 11, 2024 (Inception)**\n-\n**$**\n-\n**$**\n**-**\n**$**\n**-**\n**$**\n**-**\n\nCommon Shares Issued for Cash\n3,500,000\n \n3,500\n \n-\n \n-\n \n3,500\n\nNet Loss\n-\n \n-\n \n-\n \n(6,230)\n \n(6,230)\n\n**Balance at February 28, 2025**\n**3,500,000**\n**$**\n**3,500**\n**$**\n-\n**$**\n**(6,230)**\n**$**\n**(2,730)**\n\nCommon Shares Issued for Cash\n1,761,400\n \n1,761\n \n42,274\n \n-\n \n44,035\n\nNet Loss\n-\n \n-\n \n-\n \n(41,615)\n \n(41,615)\n\n**Balance at February 28, 2026**\n**5,261,400**\n**$**\n**5,261**\n**$**\n**42,274**\n**$**\n**(47,845)**\n**$**\n**(310)**\n\n** **\n\n \n\n \n\n \n\nSee accompanying notes, which are an integral part\nof these financial statements.\n\n \n\nF-5\n\n \n\n**Dankon Corporation**\n\n**Statements of Cash Flows\n(Audited)**\n\n \n\n \n \n**Year\nended February 28, 2026**\n \n**November\n11, 2024 (Inception) - February 28, 2025**\n\n**OPERATING\nACTIVITIES**\n \n \n \n \n\nNet\nLoss\n$\n(41,615)\n$\n(6,230)\n\nAdjustments\nto Reconcile Net loss\n \n \n \n \n\nto\nNet Cash Used in Operating Activities:\n \n \n \n \n\nAmortization\n \n13,470\n \n-\n\nChanges\nin Operating Assets and Liabilities:\n \n \n \n \n\nAccounts\nPayable\n \n(24,750)\n \n38,000\n\nDeferred\nrevenue\n \n28,427\n \n-\n\nPrepaid\nexpenses\n \n(21,493)\n \n-\n\n**Net\nCash Used in Operating Activities**\n**$**\n**(45,961)**\n$\n**31,770**\n\n \n \n \n \n \n\n**INVESTING\nACTIVITIES**\n \n \n \n \n\nIntangible\nAssets\n \n(56,140)\n \n(45,000)\n\nProject\nin Progress\n \n(13,050)\n \n-\n\n**Net\nCash Used in Investing Activities**\n**$**\n**(69,190)**\n$\n**(45,000)**\n\n \n \n \n \n \n\n**FINANCING\nACTIVITIES**\n \n \n \n \n\nProceeds\nfrom Loan from Related Parties\n \n71,500\n \n13,230\n\nProceeds\nfrom the Sale of Common Stock\n \n44,035\n \n3,500\n\n**Net\nCash Provided by Financing Activities**\n**$**\n**115,535**\n$\n**16,730**\n\n \n \n \n \n \n\n**Net\nCash Increase for Period**\n**$**\n**384**\n$\n**3,500**\n\n**Cash\nat Beginning of Period**\n**$**\n**3,500**\n$\n**-**\n\n**Cash\nat End of Period**\n**$**\n**3,884**\n$\n**3,500**\n\n \n \n \n \n \n\nSUPPLEMENTAL\nCASH FLOW INFORMATION\n \n \n \n \n\nCash\npayments for:\n \n \n \n \n\nInterest\n$\n-\n$\n- \n\nIncome\ntaxes\n$\n-\n$\n- \n\n \n\n  \n\nSee accompanying notes,\nwhich are an integral part of these financial statements.\n\nF-6\n\n \n\n**Dankon Corporation**\n\n**Notes to the Financial\nStatements (Audited)**\n\n**Note 1 – Nature of Business**\n\n \n\nDankon Corporation (“the\nCompany”) was incorporated under the laws of the State of Wyoming, U.S. on November 11, 2024 (Inception).\n\n \n\nDankon Corporation\nis an online service designed to elevate the art of congratulatory messaging. It offers a powerful and intuitive service for crafting\nthoughtful, customized messages for any occasion, from birthdays and anniversaries to professional milestones and special celebrations.\nWith its advanced features and user-friendly interface, Dankon Corporation ensures that every message is meaningful, impactful, and tailored\nto leave a lasting impression.\n\n** **\n\n**Note 2 – Going Concern**\n\nThe condensed financial\nstatements were prepared on a going concern basis that the Company will be able to settle its obligations and make use of its assets\nin the ordinary course of business in the near future. Dankon Corporation generated $56,363 of revenue and incurred a net loss of\n$41,615 for the year ended February 28, 2026. Additionally, the Company is reporting an accumulated deficit since inception of $47,845\nas of February 28, 2026 and further losses are anticipated in the development of its business.\n\nThe Company's\ncapacity to operate as a going concern is reliant on its ability to generate profitable operations in the future and/or secure the required\nfunding to meet its obligations and settle liabilities resulting from standard business operations when they become due. Management plans\nto finance operational expenses for the next twelve months by using available cash on hand, as well as loans from directors and/or a\nprivate offering of Common Stock.\n\n**Note 3 – Summary\nof Significant Accounting Policies**\n\n \n\nBasis of Presentation\n\nThe financial\nstatements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America\nand are presented in US dollars. The Company has adopted a February 28 fiscal year-end. \n\n \n\nFair Value of Financial\nInstruments\n\n \n\nThe Company’s financial\ninstruments consist of cash, accounts payable, and advances payable to Mr. Rodriguez. The carrying amounts of these financial instruments\napproximates fair value because of the short period of time between the origination of such instruments and their expected realization\n\nThese tiers include:\n\n-         Level\n1: defined as observable inputs such as quoted prices in active markets;\n\n-         Level\n2: defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and\n\n-         Level\n3: defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions.\n\n \n\n \n\nF-7\n\n \n\n \n\nThe carrying value of\ncash and the Company's loan from shareholder approximates fair value due to their short-term maturity.\n\n \n\nUse of Estimates\n\n \n\nThe preparation of financial\nstatements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect\nthe reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date the financial statements\nand the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.\n\n \n\nCash and Cash Equivalents\n\n \n\nThe Company considers\nall highly liquid instruments purchased with a maturity of three months or less to be cash equivalents to the extent that the funds are\nnot being held for investment purposes. The Company had $3,884 and $3,500 of cash as February 28, 2026 and 2025, respectively.\n\n \n\nIntangible Assets\n\n \n\nThe Company recognizes\nand discloses certain intangible assets in its financial statements, in accordance with ASC Subtopic 350-40, Internal-Use Software-Computer\nSoftware Developed or Obtained for Internal Use, and ASC Subtopic 360-10. ASC 350-40-15-2A describes internal-use software as having\nboth of the following characteristics:\n\na.              The\nsoftware is acquired, internally developed, or modified solely to meet the entity’s internal needs.\n\nb.             During\nthe software’s development or modification, no substantive plan exists or is being developed to market the software externally.\n\nASC Subtopic 350-40\nrequires assets to be recorded at the cost to develop the asset and requires an intangible asset to be amortized over its useful life.\nCosts to renew or extent the term of an intangible asset is expensed as incurred.\n\nAs of February\n28, 2026, we recognized capitalized costs of $114,190. These costs are amortized over 5 years.\n\nF-8\n\nImpairment of\nLong-Lived Assets\n\nThe Company\ncontinually monitors events and changes in circumstances that could indicate carrying amounts of long-lived assets may not be\nrecoverable. When such events or changes in circumstances are present, the Company assesses the recoverability of long-lived assets\nby determining whether the carrying value of such assets will be recovered through undiscounted expected future cash flows. If the\ntotal of the future cash flows is less than the carrying amount of those assets, the Company recognizes an impairment loss based on\nthe excess of the carrying amount over the fair value of the assets. Assets to be disposed of are reported at the lower of the\ncarrying amount or the fair value less costs to sell.\n\n \n\nNet Income (Loss) per\nCommon Share\n\n \n\nNet income (loss) per\ncommon share is computed pursuant to FASB Accounting Standards Codification (“ASC”) 260, “Earnings Per Share”.\nBasic net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common\nstock outstanding during the period.  Diluted net income (loss) per common share is computed by dividing net income (loss) by the\nweighted average number of shares of common stock and potentially dilutive outstanding shares of common stock during the period to reflect\nthe potential dilution that could occur from common shares issuable through contingent share arrangements, stock options and warrants.\nThere were no potentially dilutive common shares outstanding for the periods presented.\n\n \n\nRevenue Recognition\n\n \n\nThe Company recognizes\nrevenue in accordance with Accounting Standards Codification No. 606, \"Revenue from Contracts with Customers\" (\"ASC-606\").\nASC 606 directs entities to recognize revenue when the promised goods or services are transferred to the customer. The amount of revenue\nrecognized should equal the total consideration an entity expects to receive in return for the goods or services. The Financial Accounting\nStandards Board (FASB) created a five-step approach that entities should apply when determining the amount and timing of revenue recognition:\n\nStep 1: Identify the contract\nwith a customer.\n\nStep 2: Identify the performance\nobligations in the contract.\n\nStep 3: Determine the\ntransaction price.\n\nStep 4: Allocate the transaction\nprice to the performance obligations in the contract.\n\nStep 5: Recognize revenue\nwhen (or as) the entity satisfies a performance obligation.\n\nThe Company provides\nAPI keys that give access to a limited number of API requests. Customers can select a suitable pricing plan directly\non our website and initiate contact with the Company. The Company's policy requires payment upon issuance of an invoice. Once\npayment is received, the API key will be delivered via email, typically on the same day. API access is provided in the form\nof a unique, non-transferable key, which may not be shared or reassigned to third parties. On occasion, the Company may provide\nthe key prior to payment with an agreed upon payment date in the executed contract. Revenue is recognized by the Company ratably over\nthe specified period of time that the customer is granted access to our software.\n\n \n\nF-9 \n\nDuring the year\nended February 28, 2026 and 2025 the Company recorded revenue of $56,363 and $0, respectively. Accounts receivable was $0 as\nof February 28, 2026 and 2025. Deferred revenue was $28,427 and $0 as of February 28, 2026 and 2025, respectively. \n\n \n\nForeign Currency\n\n \n\nThe Company’s functional\nand reporting currency is the U.S. dollar. Transactions may occur in foreign currencies and management follows ASC 830, “Foreign\nCurrency Matters”. Monetary assets and liabilities denominated in foreign currencies are translated using the exchange rate\nprevailing at the balance sheet date. Non-monetary assets and liabilities denominated in foreign currencies are translated at rates\nof exchange in effect at the date of the transaction. Average monthly rates are used to translate revenues and expenses. Gains and\nlosses arising on translation or settlement of foreign currency denominated transactions or balances are included in the Statement of\nOperations.\n\n \n\nDividends\n\n \n\nThe Company has not adopted\nany policy regarding payment of dividends. No dividends have been paid during the periods presented.\n\n   \n\nIncome Taxes\n\nThe Company accounts\nfor income taxes under the asset and liability method, whereby deferred tax assets and liabilities are determined based on the difference\nbetween the financial statement and tax bases of assets and liabilities using the enacted tax rates in effect for the year in which the\ndifferences are expected to affect taxable income. A valuation allowance is established when necessary to reduce deferred tax assets\nto the amounts expected to be realized.\n\nSegment Reporting\n\nThe Company operates\nas a single operating and reportable segment, providing monthly subscription service packages. Our Chief Executive Officer is our\nChief Operating Decision Maker (“CODM”) who evaluates and makes operating decisions about allocation resources considering\nour single geographical area and on a consolidated basis. Accordingly, the CODM considers revenue and operating expenses of our single\noperating segment as reported on the statement of operations and considers our current and total assets as recorded on the balance sheet.\nThere are no additional expense or asset information that are supplemental to those disclosed on these financial statements that are\nregularly provided to the CODM.\n\n \n\nRecent Accounting Pronouncements\n\n \n\nThe Company has reviewed\nall the recent accounting pronouncements issued to date of the issuance of these financial statements and does not believe any of these\npronouncements will have a material impact on the Company.\n\n** **\n\nF-10\n\n \n\n**Note 4 – Intangible\nAssets**\n\nAs of February 28,\n2026, we recognized capitalized costs of $114,19 consisting of website and API. The website was placed in service on May 15, 2025, and\nthe API was placed in service on June 10, 2025, and are expected to be amortized over 5 years.\n\nAccumulated amortization\nas of February 28, 2026 and 2025 was $13,470 and $0 respectively.\n\n \n\n**Intangible assets\namounts are as follows:**\n\n \n \nWebsite\nDevelopment\n \nAPI\nDevelopment\n\nTotal\n\nEstimated\nUseful Life (Years)\n \n5\n \n5\n \n \n\nTotal\nCost of the Asset\n$\n45,000\n$\n69,190\n$\n114,190\n\nAccumulated\nAmortization at February 28, 2026\n \n(7,125)\n \n(6,345)\n \n(13,470)\n\nNet Book\nValue at February 28, 2026\n$\n37,875\n$\n62,845\n$\n100,720\n\nAmortization\nExpense for year ended February 28, 2026\n$\n7,125\n$\n6,345\n$\n13,470\n\nAmortization\nExpense for year ended February 28, 2025\n\n \n\n$\n\n-\n$\n-\n$\n-\n\n \n \n \n \n \n \n \n\n** **\n\n**Note 5- Capital Stock**\n\n** **\n\nThe Company has 75,000,000\ncommon shares authorized with a par value of $0.001 per share. \n\n** **\n\nDuring the period from November 11, 2024 (Inception)\nto February 28, 2025 the Company has issued 3,500,000 shares of common stock.\n\nDuring the year\nended February 28, 2026, the Company issued 1,761,400 shares of common stock for cash proceeds at $0.025 per share for a total of $44,035.\n\nAs of February\n28, 2026, the Company had 5,261,400 shares issued and outstanding.\n\n \n\n**Note 6- Related\nParty Transactions**\n\nTo support the\nCompany's financial needs, it may obtain advances from related parties until such time that it can sustain its operations or secure sufficient\nfunding through the sale of its equity or traditional debt financing.\n\nAs\nof February 28, 2026, Mr. Rodriguez had advanced $84,730 under the original loan agreement dated November 11, 2024 for advances\nup to $200,000. This loan is for working capital purposes and is unsecured, interest-free.\n\nF-11\n\n \n\n**Note 7- Income\nTaxes**\n\n \n\nThe Company has no tax\nposition at February 28, 2026, for which the ultimate deductibility is highly certain but for which there is uncertainty about the timing\nof such deductibility. The Company recognizes interest accrued related to unrecognized tax benefits in interest expense and penalties\nin operating expenses. No such interest or penalties were recognized during the periods presented. The Company had no accruals for interest\nand penalties at February 28, 2026. The Company’s utilization of any net operating loss carryforward may be unlikely as a result\nof its intended activities.\n\n \n\nThe income tax provision\ndiffers from the amount of income tax determined by applying the statutory income tax rates to pretax income from continuing operations\nfor the period ended February 28, 2026, due to the following:\n\n  \n\nThe provision for\nFederal income tax consists of the following: \n\n \n \n**February\n28, 2026**\n \n**February\n28, 2025**\n\nNet\noperating loss carryforward\n$\n41,615\n$\n6,230\n\nEffective\ntax rate\n \n21%\n \n21%\n\nDeferred\ntax asset\n \n8,739\n \n1,308\n\nLess:\nvaluation allowance\n \n(8,739)\n \n(1,308)\n\nNet\ndeferred asset\n$\n-\n$\n-\n\n \n \n \n \n \n \n\n \n\nBelow is a comparison\nof the actual tax benefit with the expected benefit (at a rate of 21%) as of February 28, 2026 and 2025:\n\n \n \n**February\n28, 2026**\n \n**February\n28, 2025**\n\nComputed\n“expected” tax expense (benefit)\n$\n7,431\n$\n1,308\n\nChange\nin valuation allowance\n \n(7,431)\n \n(1,308)\n\nActual\ntax expense (benefit)\n$\n-\n$\n-\n\n \n\nDue to the uncertainty\nregarding their realization, the deferred tax benefits from unutilized tax losses are offset by a full valuation allowance. Pursuant\nto ASC 740, management concluded that there are no significant uncertain tax positions requiring disclosure beyond what is already presented.\n\n \n\n****\n\n** **\n\nF-12\n\n** **\n\n**Note 8- Commitments and Contingencies**\n\nLitigation\n\nThe Company was\nnot subject to any legal proceedings.\n\n \n\n \n\n**Note 9- Subsequent\nEvents**\n\nIn accordance with ASC\n855, “Subsequent Events”, the Company has analyzed its operations subsequent to February 28, 2026 through May 15, 2026, the\nfinancial statement issuance date, and concluded that there are no significant subsequent events to disclose in these financial statements.\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\nF-13"}