$ADMG
UHF Inc
CIK:0001171008|SEC Filings
Condensed Statements of Operations (Unaudited) - USD ($) |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2023 |
Sep. 30, 2022 |
Sep. 30, 2023 |
Sep. 30, 2022 |
|
| Operating expenses | ||||
| Consulting fees | $ 19,600 | $ 20,631 | ||
| Professional fees | 7,500 | 8,800 | 27,519 | 54,857 |
| Filing fees | 1,350 | 500 | 10,343 | 1,999 |
| General and administrative | 4,270 | 646 | 6,345 | 2,491 |
| Total operating expenses | 32,720 | 9,946 | 64,838 | 59,347 |
| Loss from operations | (32,720) | (9,946) | (64,838) | (59,347) |
| Other income | ||||
| Gain on debt forgiveness | 21,721 | 21,721 | ||
| Total other income | 21,721 | 21,721 | ||
| Loss before income tax | (10,999) | (9,946) | (43,117) | (59,347) |
| Net loss | $ (10,999) | $ (9,946) | $ (43,117) | $ (59,347) |
| Basic weighted average shares outstanding | 38,490,440 | 16,110,005 | 23,652,130 | 16,110,005 |
| Diluted weighted average shares outstanding | 38,490,440 | 16,110,005 | 23,652,130 | 16,110,005 |
| Basic net loss per share | $ (0.00) | $ (0.00) | $ (0.00) | $ (0.00) |
| Diluted net loss per share | $ (0.00) | $ (0.00) | $ (0.00) | $ (0.00) |
Condensed Statements of Cash Flows (Unaudited) - USD ($) |
9 Months Ended | |
|---|---|---|
Sep. 30, 2023 |
Sep. 30, 2022 |
|
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||
| Net loss | $ (43,117) | $ (59,347) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Stock based compensation | 23,260 | |
| Gain on debt forgiveness | (21,721) | |
| Changes in assets and liabilities: | ||
| Prepaid expenses | 2,998 | |
| Accrued liabilities and other payables | 5,066 | (9,359) |
| Net cash used in operating activities | (33,514) | (68,706) |
| CASH FLOWS FROM FINANCING ACTIVITIES: | ||
| Advances from related parties | 9,314 | 57,187 |
| Capital contributions from Shareholder | 21,700 | |
| Loans from related parties | 2,500 | |
| Proceeds from note payable | 11,519 | |
| Net cash provided by financing activities | 33,514 | 68,706 |
| NET CHANGE IN CASH & EQUIVALENTS | ||
| CASH & EQUIVALENTS, BEGINNING OF YEAR | ||
| CASH & EQUIVALENTS, END OF PERIOD | ||
| Supplemental Cash Flow Data: | ||
| Income tax paid | ||
| Interest paid | ||
| NON-CASH INVESTING AND FINANCING ACTIVITIES | ||
| Shares issued as prepaid acquisition costs | $ 70,000 | |