CGS INTERNATIONAL, INC.

CIK:0001552358|SEC Filings

STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)	3 Months Ended
STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)	Jul. 31, 2022	Jul. 31, 2021
STATEMENTS OF OPERATIONS (UNAUDITED)
Sales	$ 0	$ 0
Operating expenses
General and administrative	41,399	9,455
Professional fees	34,375	20,000
Total operating expenses	75,774	29,455
Loss from operations	(75,774)	(29,455)
Other expenses
Interest expense	(12,878)	(2,276)
Loss on settlement of debt	(435,800)	0
Total other expense	(448,678)	(2,276)
Net loss	$ (524,452)	$ (31,731)
Net loss per common share: basic and diluted	$ (0.02)	$ (0.17)
Weighted average common shares outstanding - basic and diluted	31,237,827	190,013

STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)	3 Months Ended
STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)	Jul. 31, 2022	Jul. 31, 2021
Cash Flows from Operating Activities
Net loss	$ (524,452)	$ (31,731)
Adjustments to reconcile net loss to net cash provided by operating activities:
Loss on settlement of debt	435,800	0
Amortization of debt discount	3,569	0
Depreciation	1,292	0
Changes in assets and liabilities
Prepaid expense	426	0
Accounts payable and accrued liabilities	17,042	3,231
Net cash used in operating activities	(66,323)	(28,500)
Cash Flows from Investing Activities
Net cash from financing activities	0	0
Cash Flows from Financing Activities
Proceeds from notes payable	46,200	28,500
Repayment of notes payable	(741)	0
Proceeds from related party debt	41,846	0
Repayment of related party debt	(36,576)	0
Net cash from financing activities	50,729	28,500
Net increase (decrease) in cash	(15,594)	0
Cash, beginning of period	26,535	0
Cash, end of period	10,941	0
Supplemental disclosure of cash flow information
Cash paid for interest	0	0
Cash paid for taxes	0	0
SUPPLEMENTARY DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:
Shares issued in conversion of note payable	5,200	0
Preferred stock converted into common stock	$ 1,820	$ 0

BALANCE SHEETS - USD ($)	Jul. 31, 2022	Apr. 30, 2022
ASSETS
Cash	$ 10,941	$ 26,535
Prepaid expenses	0	426
Total current assets	10,941	26,961
Deposit on asset purchase	40,038	40,038
Fixed assets, net	23,389	24,681
Total assets	74,368	91,680
Current liabilities
Accounts payable and accrued expenses	55,012	37,970
Due to related parties	83,530	78,260
Notes payable	377,831	332,372
Convertible notes payable, net	0	1,631
Total current liabilities	516,373	450,233
Total liabilities	516,373	450,233
Stockholders' deficit
Preferred Stock, Value	0	0
Common shares, $0.001 par value; 300,000,000 shares authorized; 36,690,013 and 23,690,000 shares issued and outstanding as of July 31, 2022 and April 2021, respectively	36,690	23,690
Stock payable	0	585,000
Additional paid-in capital	113,333,587	112,318,767
Accumulated deficit	(113,819,152)	(113,294,700)
Total stockholders' deficit	(442,005)	(358,553)
Total liabilities and stockholders' deficit	74,368	91,680
Series A Preferred Stock [Member]
Stockholders' deficit
Preferred Stock, Value	3,000	3,000
Series B Preferred Stock [Member]
Stockholders' deficit
Preferred Stock, Value	3,870	5,690
Series C Preferred Stock [Member]
Stockholders' deficit
Preferred Stock, Value	$ 0	$ 0