Canadian Tactical Training Academy Inc.
CIK:0001165639|SEC Filings
Statement of Operations (Unaudited) - USD ($) |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2022 |
Sep. 30, 2021 |
Sep. 30, 2022 |
Sep. 30, 2021 |
|
| Expenses | ||||
| Consulting and subcontractors | $ 7,500 | $ 7,500 | $ 51,000 | $ 14,760 |
| Interest | 2,340 | 5,654 | 12,015 | 16,233 |
| Office and general | 11,038 | 9,252 | 14,441 | 15,460 |
| Stock-based compensation | 301,190 | 1,519,544 | ||
| Operating Expense | 20,878 | 22,406 | 378,646 | 1,565,997 |
| Net loss for the period | (20,878) | (22,406) | (378,646) | (1,565,997) |
| Total comprehensive income (loss) | $ (20,878) | $ (22,406) | $ (378,646) | $ (1,565,997) |
| Loss per share, basic and diluted | ||||
| Weighted average number of shares outstanding | 970,680,641 | 494,645,409 | 970,680,341 | 494,645,409 |
Statements of Cash Flows (Unaudited) - USD ($) |
9 Months Ended | |
|---|---|---|
Sep. 30, 2022 |
Sep. 30, 2021 |
|
| Cash Flows from Operating Activities | ||
| Loss for the period | $ (378,646) | $ (1,565,997) |
| Items not affecting cash: | ||
| Accrued interest | 9,675 | 16,233 |
| Shares issued in for debt | 301,190 | 1,519,544 |
| Items not affecting Cash, net | (46,903) | (30,220) |
| Changes in non-cash working capital: | ||
| Related parties | (665) | |
| Prepaid expenses | (1,000) | |
| Accounts payable and accrued liabilities | 62,070 | 16,017 |
| Net cash provided by (used in) operating activities | (4,833) | (18,870) |
| Cash Flows from Financing Activities | ||
| Advances received from a shareholder | 4,833 | 15,868 |
| Net cash provided by financing activities | 4,833 | 15,868 |
| Cash Flows from Investing Activities | ||
| Net cash used in investing activities | ||
| Change in cash and cash equivalents | ||
| Cash and cash equivalents at beginning of period | ||
| Cash and cash equivalents at end of period | ||
| Interest paid | ||
| Income taxes paid | ||
Balance Sheets (Unaudited) - USD ($) |
Sep. 30, 2022 |
Dec. 31, 2021 |
|---|---|---|
| Current Assets | ||
| Prepaid expenses | $ 600 | $ 600 |
| Acquisition of software technology | 4,426,000 | 4,426,000 |
| Total assets | 4,426,600 | 4,426,600 |
| Current Liabilities | ||
| Accounts payable and accrued liabilities | 143,096 | 78,655 |
| Notes payable | 51,751 | 49,018 |
| Convertible debt | 215,994 | 245,135 |
| Total Liabilities | 410,841 | 372,808 |
| SHAREHOLDERS’ EQUITY | ||
| Common shares, authorized 1,000,000,000 shares at par value $0.001, issued and outstanding as of June 30, 2022 – 999,891,599 and December 31, 2021 - 960,468,779. | 999,891 | 960,468 |
| Additional paid in capital | 21,967,703 | 21,666,513 |
| Accumulated comprehensive income | 131,859 | 131,859 |
| Deficit | (19,083,694) | (18,705,048) |
| Total Shareholders' Equity | 4,015,759 | 4,053,792 |
| Total liabilities and shareholders’ equity | $ 4,426,600 | $ 4,426,600 |