~~U.S. Securities and~~UNITED ~~Exchange Commission~~STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 10-Q

~~[x] QUARTERLY REPORT UNDER SECTION 13 OR 15~~ (dMark One) ~~OF THE SECURITIES EXCHANGE ACT OF 1934~~

~~For~~☒ QUARTERLY ~~the~~REPORT ~~quarter~~PURSUANT ~~ended~~TO ~~September~~SECTION ~~30,~~13 ~~2009~~OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

~~[ ]~~For ~~TRANSITION~~the ~~REPORT~~quarterly ~~UNDER SECTION~~period 13ended ORMarch 1531, ~~(d) OF THE SECURITIES EXCHANGE ACT OF 1934~~2021

~~For the transition period from~~or

to☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

~~Commission~~For the ~~File~~transition ~~No. 333-123774~~period from __________ to __________

~~Fountain~~Commission File ~~Healthy~~Number ~~Aging, Inc. (formerly Immureboost, Inc.)~~333-123774

Fountain Healthy Aging, Inc. (~~Name~~Exact name of ~~Registrant~~registrant as specified in its ~~Charter~~ charter)

NEVADA

Nevada		86-1098668
(State or other jurisdiction of incorporation or organization)		(I.R.S. Employer Identification No.)

86-1098668

Room 601, Bldg. E,

No. 1, Huabao Fubao China Street,
Futian District

Shenzhen City, Guangdong Province

518000

(Address of principal executive offices)

(Zip Code)

~~---------------~~+86 185 6676 1769

~~--------------------~~(Registrant’s telephone number, including area code)

~~(State or Other Jurisdiction of~~N/A

(I.R.S. Employer I.D. No.)

incorporation or organization)

2764 Lake Sahara Drive, Suite 111, Las Vegas, NV 89117

(Address of Principle Executive Offices)

Registrant’s Telephone Number: (604) 331-1459

Immureboost, Inc.

(Former name, former address and former fiscal year, if changed since last report)

~~Check whether the registrant (1) filed all reports~~Securities ~~required~~registered pursuant to beSection ~~filed by section 13 or 15~~12(db) of the ~~Exchange~~ Act ~~during the past 12 months (or for such shorter period that the Company was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.~~:

Title of each class Trading Symbol(1s) ~~Yes X No~~ Name of each exchange on which registered None N/A N/A

Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) ~~Yes X~~ has been subject to such filing requirements for the last 90 days. Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically ~~and posted on its corporate Web site, if any,~~ every Interactive Data File required to be submitted ~~and posted~~ pursuant to ~~Rule~~ Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the ~~registrant~~registration statement was required to submit ~~and~~ ~~post~~ such files). Yes ☒ No ☐

~~Yes [ ]~~Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

~~No [X]~~Large ~~Not required~~accelerated filer ☐ Accelerated filer ☐ Non-accelerated filer ☐ Smaller reporting company ☒ Emerging growth company ☒

~~Indicate~~If an emerging growth company, indicate by check mark ~~whether~~if the registrant ishas aelected ~~large accelerated~~not ~~filer,~~to anuse ~~accelerated~~the ~~filer,~~extended atransition ~~non-accelerated~~period ~~filer,~~for ~~or a smaller~~complying ~~reporting~~with ~~company. See~~any ~~the~~new ~~definitions~~or ofrevised ~~“large~~financial ~~accelerated~~accounting ~~filer,” “accelerated~~standards ~~filer,”~~provided ~~and~~pursuant ~~“smaller~~to ~~reporting~~Section ~~company,”~~13(a) ~~in Rule 12b-2~~ of the Exchange Act. ☐

~~Large~~Indicate ~~accelerated~~by ~~filer~~check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes ☐ No ☒

[Indicate ]the number of shares outstanding of each of the registrant’s classes of common stock as of the latest practicable date: 600,034,500 shares as of May 24, 2021.

Accelerated filer

[ ]

Non-accelerated filer

[ ] (Do not check if a smaller reporting company)

Smaller reporting company

[X]

Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act)

Yes [X] No [ ]

(APPLICABLE ONLY TO CORPORATE ISSUERS)

State the number of shares outstanding of each of the Issuer’s classes of common equity, as of the latest practicable date:

November 23, 2009: Common Stock – 101,950,000 shares

DOCUMENTS INCORPORATED BY REFERENCE

A description of any “Documents Incorporated by Reference” is contained in Item 6 of this report.

Fountain Healthy Aging, Inc.

(formerly Immureboost, Inc.)

TABLE OF CONTENTS

PART I. FINANCIAL INFORMATION

PART I - FINANCIAL INFORMATION		1

Item 1.	Financial Statements	1

Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	11

Item 3.	Quantitative and Qualitative Disclosures About Market Risk	16

Item 4.	Controls and Procedures	16

PART II - OTHER INFORMATION		17

Item 1.	Legal Proceedings	17

Item 1A.	Risk Factors	17

Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	17

Item 3.	Defaults Upon Senior Securities	17

Item 4.	Mine Safety Disclosures	17

Item 5.	Other Information	17

Item 6.	Exhibits	18

SIGNATURES		19

~~PAGE~~i

Item 1. Financial Statements (unaudited):

Balance Sheets

Statements of Operations

Statements of Cash Flows

Notes to Financial Statements (unaudited)

9-13

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operation

Item 3. Quantitative and Qualitative Disclosures About Market Risk

Item 4T. Controls and Procedures

PART II. OTHER INFORMATION

Item 5. Exhibits

Signatures

PART I - FINANCIAL INFORMATION

Item 1. Financial Statements

~~The~~FOUNTAIN ~~accompanying~~HEALTHY ~~interim unaudited financial statements of Fountain Healthy Aging~~AGING, ~~Inc.~~ ~~(a Nevada corporation) are condensed and, therefore, do not include all disclosures normally required by accounting principles generally accepted in the United States of America~~INC. These statements should be read in conjunction with the Company's most recent annual financial statements for the year ended December 31, 2008, included in a Form10-K filed with the U.S. Securities and Exchange Commission (“SEC”) on April 15, 2009. In the opinion of management, all adjustments necessary for a fair presentation have been included in the accompanying interim financial statements and consist of only normal recurring adjustments. The results of operations presented in the accompanying interim financial statements for the nine months ended September 30, 2009, are not necessarily indicative of the operating results that may be expected for the full year ending December 31, 2009.

CONDENSED CONSOLIDATED BALANCE SHEETS

(In U.S. Dollars, except share data or otherwise stated)

AS OF MARCH 31, 2021 (UNAUDITED) AND DECEMBER 31, 2020 (AUDITED)

	March 31, 2021			December 31, 2020
	US$			US$
ASSETS
Current assets:
Cash and cash equivalents		48,599			61,517
Accounts receivable		3,509,406			-
Other receivables		104,013			101,432
Inventory		67,629			66,037
Prepayment		140,446			133,646
Amount due from related parties		57,453			142,450
Total current assets		3,927,546			505,082

Non-current assets:
Leasehold improvements and equipment, net		88,434			87,333
Intangible assets		32,964			-
Operating lease right-of-use assets		305,041			383,203
Total non-current assets		426,439			470,536
Total assets		4,353,985			975,618

LIABILITIES AND EQUITY
Current liabilities:
Accounts payable		896,561			134,842
Income tax payables		798,120			31,774
Other payables and accruals		505,105			336,604
Advance from customers		8,967			27,648
Amount due to related parties		505,062			1,097,152
Current operating lease liabilities		273,700			319,697
Total current liabilities		2,987,515			1,947,717

Non-current liabilities:
Non-current operating lease liabilities		31,341			63,506
Total non-current liabilities		31,341			63,506
Total liabilities		3,018,856			2,011,223

COMMITMENTS AND CONTINGENCIES

EQUITY (DEFICIT)
Share capital (750,000,000 shares of Common Stock, par value $0.00001 per share, authorized, of which 600,034,500 shares are issued and outstanding; and 100,000,000 shares of Series A Preferred Stock, par value $0.00001 per share, of which all 100,000,000 shares are issued and outstanding)
Series A Preferred Stock		1,000			1,000
Common Stock		6,000			6,000
Additional paid in capital		(15,146	)		(15,146	)
Foreign currency translation reserves		(75,620	)		(54,091	)
Retained earnings (Accumulated deficit)		1,418,895			(973,368	)
Total equity (deficit)		1,335,129			(1,035,605	)
Total liabilities and equity		4,353,985			975,618

The accompanying notes are an integral part of the financial statements.

FOUNTAIN HEALTHY AGING, INC.

CONDENSED CONSOLIDATED STATEMENTS OF LOSS AND COMPREHENSIVE LOSS

(In U.S. Dollars, except share data or otherwise stated)

FOR THE THREE MONTHS ENDED MARCH 31, 2021 AND 2020 (UNAUDITED)

	2021			2020
	US$			US$

Revenue		4,411,258			319,530
Cost of revenue		(935,165	)		(48,390	)
Gross profit		3,476,093			271,140

Selling and marketing expenses		(36,479	)		(22,280	)
General and administrative expense		(267,800	)		(193,749	)
Total operating expenses		(304,279	)		(216,029	)
Operating profit		3,171,814			53,111

Other (expenses) income, net		(179	)		154
Profit before income taxes		3,171,635			53,265

Income taxes		(779,372	)		(17,615	)
Net profit for the year		2,392,263			35,650

Foreign currency translation differences		(21,529	)		5,189
Total comprehensive loss for the year		2,370,734			40,839

Earnings per share:
- Basic		0.004			0.000
- Diluted		0.004			0.000

Weighted average number of shares used in computation:
- Basic		600,034,500			600,034,500
- Diluted		600,034,500			600,034,500

The accompanying notes are an integral part of the financial statements.

FOUNTAIN HEALTHY AGING, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (DEFICIT)

(In U.S. Dollars, except share data or otherwise stated)

FOR THE THREE MONTHS ENDED MARCH 31, 2021 AND 2020 (UNAUDITED)

	Share Capital							Foreign			(Accumulated Deficit) Retain Earnings
	Series A preferred Stock		Common Stock		Additional paid in Capital			Currency Translation Reserve			Unrestricted			Statutory Reserve		Total Equity (Deficit)
	US$		US$		US$			US$			US$			US$		US$
Balance at January 1, 2020 (Audited)		1,000		6,000		(15,146	)		4,547			(352,392	)		6,894		(349,097	)
Profit for the period		-				-			-			37,650			-		37,650
Other comprehensive income		-				-			5,189			-			-		5,189
Balance at March 31, 2020 (Unaudited)		1,000		6,000		(15,146	)		9,736			(314,742	)		6,894		306,258

Balance at January 1, 2021 (Audited)		1,000		6,000		(15,146	)		(54,091	)		(980,262	)		6,894		(1,035,605	)
Profit for the period		-				-			-			2,392,263			-		2,392,263
Other comprehensive income		-				-			(21,529	)		-			-		(21,529	)
Balance at March 31, 2021 (Unaudited)		1,000		6,000		(15,146	)		(75,620	)		1,412,001			6,894		1,355,129

The accompanying notes are an integral part of the financial statements.

FOUNTAIN HEALTHY AGING, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(In U.S. Dollars, except share data or otherwise stated)

FOR THE THREE MONTHS ENDED MARCH 31, 2021 AND 2020 (UNAUDITED)

	2021			2020
	US$			US$
Cash flows from operating activities:
Net profit		2,392,263			37,650

Adjustments for:
Depreciation and amortization		14,266			8,296
Impairment of intangible assets		-			76,365
Changes in:
Accounts receivable		(3,546,989	)		-
Other receivables and prepayment		(10,359	)		(133,766	)
Inventory		(1,855	)		18,870
Accounts payable, other payables and accruals		941,940			173,427
Income tax payables		774,671			22,183
Advance from customers		(18,777	)		(244,836	)
Amount due from/to related parties		(508,965	)		57,333
Net cash provided by operating activities		36,195			15,522

Cash flows from investing activities:
Additions to leasehold improvements and equipment		(15,424	)		(26,715	)
Additions to intangible assets		(33,597	)		-
Net cash used in investing activities		(49,021	)		(26,715	)

Effect of exchange rate changes on cash and cash equivalents		(92	)		(222	)

Net decrease in cash and cash equivalents		(12,918	)		(11,415	)
Cash and cash equivalents at the beginning of year		61,517			23,046
Cash and cash equivalents at the end of the year		48,599			11,631

Supplemental disclosure of non-cash investing and financing activities:
Right-of-use assets obtained in exchange for operating lease obligations		301,093			302,725

The accompanying notes are an integral part of the financial statements.

FOUNTAIN HEALTHY AGING, INC. ~~(formerly IMMUREBOOST, INC.)~~

(ACONDENSED ~~Development~~CONSOLIDATED ~~Stage~~NOTES ~~Company)~~TO THE FINANCIAL STATEMENTS

~~Unaudited~~FOR THE ~~Financial~~THREE ~~Statements~~MONTHS ENDED MARCH 31, 2021 (UNAUDITED)

~~For the~~1. ~~Three~~DESCRIPTION ~~and~~OF ~~Nine Months Ended September 30, 2009 and 2008,~~BUSINESS

~~and~~Fountain Healthy Aging, Inc. and its subsidiaries (the ~~Period~~“Company” or “FHAI”) are engaged in the business of ~~February~~wholesale 25distribution of “coffee tea” products to retail partners and corporate customers, ~~2004~~selling ~~(date~~“coffee tea” products to individual consumers and providing pre-opening assistance to retail partners to operate coffee stores in the People’s Public of ~~inception)~~China (“PRC” or “China”).

~~through~~2. ~~September~~BASIS ~~30,~~OF ~~2009~~PRESENTATION

In the opinion of management, the unaudited condensed consolidated financial statements reflect all adjustments of a normal recurring nature that are necessary for a fair presentation of the results for the interim periods presented. All significant intercompany transactions and balances are eliminated in consolidation. However, the results of operations included in such financial statements may not necessarily be indicative of annual results.

The Company uses the same accounting policies in preparing quarterly and annual financial statements. Certain information and footnote disclosures normally included in the annual consolidated financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) have been condensed or omitted. These unaudited condensed consolidated financial statements should be read in conjunction with the Company’s audited consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020 filed with the Securities and Exchange Commission (“SEC”) on April 15, 2021 (“2020 Form 10-K”).

The Company incurred net profit of $2,413,216 and $37,650 for the three months ended March 31, 2021 and 2020, respectively. As of March 31, 2021 and December 31, 2020, the Company had net current assets (liabilities) of $960,763 and $(1,442,635), respectively, and a surplus (deficit) on total equity of $1,355,861 and $(1,035,605), respectively. The accompanying unaudited condensed consolidated financial statements are presented on the basis that the Company is a going concern. The going concern assumption contemplates the realization of assets and the satisfaction of liabilities in the normal course of business.

3.	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

(a)

Use of estimates

The preparation of the consolidated financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. Management makes these estimates using the best information available at the time the estimates are made; however actual results could differ materially from those estimates.

There is no change on the accounting policies from the year ended December 31, 2020.

~~FOUNTAIN HEALTHY AGING, INC.~~ (~~formerly IMMUREBOOST, INC.~~b) Accounts Receivable

(AFinancial instruments ~~Development~~that ~~Stage~~potentially subject the Company) to concentrations of credit risk consist primarily of accounts receivable. The Company assesses the probability of collection from each customer at the outset of the arrangement based on a number of factors, including the customer’s payment history and its current creditworthiness. If in management’s judgment collection is not probable, the Company does not record revenue until the uncertainty is removed.

~~Balance~~Management ~~Sheets~~performs ongoing credit evaluations, and the Company maintains an allowance for potential credit losses based upon its loss history and its aging analysis. The allowance for doubtful accounts is the Company’s best estimate of the amount of credit losses in existing accounts receivable. Management reviews the allowance for doubtful accounts each reporting period based on a detailed analysis of trade receivables. In the analysis, management primarily considers the age of the customer’s receivable and also considers the creditworthiness of the customer, the economic conditions of the customer’s industry, general economic conditions and trends, and the business relationship and history with its customers, among other factors. If any of these factors change, the Company may also change its original estimates, which could impact the level of the Company’s future allowance for doubtful accounts. If judgments regarding the collectability of receivables were incorrect, adjustments to the allowance may be required, which would reduce profitability.

			September 30	December 31
			2009	2008
			(unaudited)
Assets
Current assets				.
	Cash		$ 22	$ -
		Total current assets	22	-
Fixed assets
	Office and computer equipment		4,222	4,222
	Less accumulated depreciation		(4222)	(4,199)
		Net fixed assets	-	23
	Total assets		$ 22	$ 23
Liabilities and Stockholders' Deficit
Current liabilities
	Accounts payable		$ 49,125	$ 18,460
	Due to officer (Note 2)		2,564	-
	Accrued interest – notes payable (Note 6)		11,571	7,267
	Accrued interest – related party (Note 6)		776	173
	Short-term loans (Note 6)		64,494	64,494
	Notes payable – related party (Notes 2 & 6)		18,950	18,950
	Note payable – timeshare, current portion (Note 6)		-	3,840
		Total current liabilities	147,480	113,184
Long-term liabilities
	Note payable – timeshare, less current portion (Note 6)		-	17,598
		Total long-term liabilities	-	17,598
	Total liabilities		147,480	130,782
Stockholders' deficit (Note 4):
	Common stock; $.001 par value, 1,000,000,000 shares
	authorized, 101,950,000 and 101,850,000 shares issued
	and outstanding Sept. 30, 2009 and Dec. 31, 2008, resp.		101,950	101,850
	Additional paid-in capital		626,256	601,356
	Deficit accumulated during development stage		(875,664)	(833,965)
		Total stockholders' deficit	(147,458)	(130,759)
	Total liabilities and stockholders' deficit		$ 22	$ 23

Accounts receivable are recognized and carried at the original invoice amount less an allowance for any uncollectible amounts. An estimate for doubtful accounts receivable is made when collection of the full amount is no longer probable. Bad debts are written off as incurred. No allowance for doubtful accounts was made for the three months ended March 31, 2021.

~~See~~The ~~accompanying~~following ~~notes~~customers tohad ~~financial~~an ~~statements~~accounts receivable balance greater than 10% of total accounts receivable at March 31, 2021.

	Amount		%
Customer A	$	723,412		21%
Customer B		365,189		10%
	$	1,088,601		31%

(c)

Recently issued accounting pronouncements

In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments – Credit Losses (Topic 326), Measurement of Credit Losses on Financial Instruments. This standard requires a financial asset (or group of financial assets) measured at amortized cost basis to be presented at the net amount expected to be collected. The allowance for credit losses is a valuation account that is deducted from the amortized cost basis of the financial asset(s) to present the net carrying value at the amount expected to be collected on the financial asset. This standard will be effective for the Company on April 1, 2023. The Company is currently evaluating the impact the adoption of this ASU will have on its consolidated financial statements.

The Company reviews new accounting standards as issued. Management has not identified any other new standards that it believes will have a significant impact on the Company’s consolidated financial statements.

4.	RISKS AND UNCERTAINTIES

(a)

Economic and Political Risks

The Company’s operations are conducted in the PRC. Accordingly, the Company’s business, financial condition and results of operations may be influenced by the political, economic and legal environment in the PRC, and by the general state of the PRC economy.

~~FOUNTAIN~~The Company’s ~~HEALTHY~~operations ~~AGING~~in the PRC are subject to special considerations and significant risks not typically associated with companies in North America and Western Europe. These include risks associated with, ~~INC~~among others, the political, economic and legal environment and foreign currency exchange. ~~(formerly~~The ~~IMMUREBOOST~~Company’s results may be adversely affected by changes in the political and social conditions in the PRC, and by changes in governmental policies with respect to laws and regulations, anti-inflationary measures, currency conversion, ~~INC~~remittances abroad, and rates and methods of taxation.)

(Ab) ~~Development~~Foreign ~~Stage~~Currency ~~Company)~~Translation

~~Statements~~The Company’s reporting currency is the U.S. dollar. The functional currency of ~~Operations~~the parent company is the U.S. dollar and the functional currency of the Company’s operating subsidiaries is the Chinese Renminbi (“RMB”). For the subsidiaries whose functional currencies are the RMB, all assets and liabilities are translated at exchange rates at the balance sheet date and revenue and expenses are translated at the average yearly exchange rates and equity is translated at historical exchange rates. Any translation adjustments resulting are not included in determining net income but are included in foreign exchange adjustments to other comprehensive loss, a component of equity.

(~~unaudited~~c) Concentration of credit risk

					February 25, 2004
	Three months ended		Nine months ended		(Inception) to
	September 30,		September 30,		September 30,
	2009	2008	2009	2008	2009
Revenues	$ -	$ -	$ -	$ -	$ 4,000
Expenses
General and administrative expenses	37,751	8,741	58,330	342,919	881,298
Net loss from operations	(37,751)	(8,741)	(58,330)	(342,919)	(877,298)
Other Income (Expenses)
Interest expense	(1,636)	(2,643)	(4,907)	(7,800)	(28,168)
Impairment of intangible asset	-	-	-	-	(32,200)
Exchange gain	100	-	100	-	100
Gain on timeshare foreclosure	-	-	21,438	-	21,438
Gain on disposal of assets	-		-		40,464
Total other income (expense)	(1,536)	(2,643)	16,631	(7,800)	1,634
Net loss and deficit accumulated during development stage	$ (39,287)	$ (11,384)	$ (41,699)	$ (350,719)	$ (875,664)
Net loss per share	$ (0.00)	$ (0.00)	$ (0.00)	$ (0.01)
Weighted average common shares
outstanding, basic and diluted	101,950000	50,925,000	101,862,500	50,925,000

Financial instruments that potentially expose the Company to significant concentration of credit risk consist primarily of cash and cash equivalents and accounts receivable, other receivables and amounts due from related parties. As of March 31, 2021 and December 31, 2020, substantially all of the Company’s cash and cash equivalents were deposited with financial institutions with high-credit ratings and quality. The Company did not have any customers constituting 10% or more of the net revenue in the three months ended March 31, 2020. The Company had two customers constituting 10% or more of the net revenues in the three months ended March 31, 2021as follows:

See accompanying notes to financial statements.

	Amount		%
Customer A	$	867,850		20%
Customer B		435,070		10%
	$	1,302,920		30%

5.	OTHER RECEIVABLES

As of March 31, 2021 and December 31, 2020, other receivables mainly consist of employees advance to be spent for company purposes and refundable rental deposits. The balances are unsecured, non-interest bearing and repayable on demand.

6.	INVENTORY

	March 31,		December 31,
	2021		2020
Raw materials (1)	$	50,126	$	51,521
Finished goods		17,503		14,516
	$	67,629	$	66,037

(1)	Raw materials mainly consist of unprocessed coffee tea beans and packaging materials

7.	PREPAYMENT

As of March 31, 2021 and December 31, 2020, prepayment mainly consists of prepaid administrative expenses that have been utilized subsequently.

~~FOUNTAIN~~8. ~~HEALTHY~~LEASEHOLD ~~AGING,~~IMPROVEMENT ~~INC.~~AND ~~(formerly IMMUREBOOST~~EQUIPMENT, ~~INC.)~~ NET

(A Development Stage Company)

	March 31,			December 31,
	2021			2020
Leasehold improvement	$	63,954		$	64,191
Equipment		16,591			16,653
Machinery		32,443			32,563
Computer equipment and software		35,541			20,355
Motor vehicle		7,218			7,245
	$	155,747		$	141,007
Less: accumulated depreciation		(67,313	)		(53,673	)
	$	88,434		$	87,333

~~Statements~~Depreciation expense offor ~~Cash~~the ~~Flows~~three months ended March 31, 2021 and 2020 was $13,986 and $8,296 respectively.

~~(unaudited)~~9. INTANGIBLE ASSETS

							February 25, 2004
		March 31,				December 31,
							(Inception) to
		2021				2020
			Nine Months Ended September 30,				September 30,
APP Platform		$	33,241			$	-
			2009		2008		2009
Less: accumulated amortization			(277	)			-
Operating activities
		$	32,964			$	-
	Net loss		$ (41,699)		$ (350,719)		$ (875,664)
		Adjustments to reconcile net loss to net cash
		used in operations:
		Depreciation	23		35		4,222
		Gain on disposal of assets	-		-		(40,464)
		Stock issued for services	-		-		500
		Impairment of intangible asset	-		-		32,200
		Gain on timeshare foreclosure	(21,438)				(21,438)
		Changes in operating assets and liabilities:
		Decrease in accounts receivable	-		4,216		-
		Decrease in prepaid expense	-		525		-
		Increase (decrease) in accounts payable	30,665		(9,309)		90,490
		Increase in accrued compensation – officer	-		309,043		594,153
		Increase in due to officer	2,564		-		2,564
		Increase in accrued interest – notes payable	4,304		4,633		11,571
		Increase in accrued interest – related party	603		1,280		1,629
	Net cash used in operating activities		(24,978)		(40,296)		(200,237)
Investing activities
		Purchase of fixed assets	-		-		(4,222)
	Net cash used in investing activities		-		-		(4,222)
Financing activities
		Issuance of stock for cash	25,000		-		100,400
		Proceeds from short-term loans	-		34,900		65,737
		Proceeds from notes payable – related party	-		-		50,950
		Principal payments on note payable	-		(1,864)		(12,606)
	Net cash provided by financing activities		25,000		33,036		204,481
		Net increase (decrease) in cash	22		(7,260)		22
		Cash at beginning of period	-		7,473		-
		Cash at end of period	$ 22		$ 213		$ 22
Supplemental disclosures:
	Interest paid for in cash		$ -		$ 3,272		$ 11,565
	Income taxes paid for in cash		$ -		$ -		$ -
	Non-cash investing and financing activities:
		Purchase of investment property with note payable	$ -		$ -		$ 30,104
		Forgiveness of debt – related party	$ -		$ -		$ 300

~~See~~Amortization expense ~~accompanying~~for ~~notes~~the three months ended March 31, 2021 and 2020 was $280 and $nil, respectively. The Company recorded an impairment loss on intangible assets of $76,365 to ~~financial~~write ~~statements~~off the old APP Platform during the year ended December 31, 2020.

10.

OTHER PAYABLES AND ACCRUALS

	March 31,		December 31,
	2021		2020
Accrued payroll and welfare payable	$	210,700	$	180,878
VAT and other taxes payable		238,318		92,608
Others (1)		56,087		63,118
	$	505,105	$	336,604

(1)	As of March 31, 2021 and December 31, 2020, others mainly consist of the outstanding refundable balance upon termination of the cooperative agreement with one customer and payables for rental expenses.

11.

ADVANCE FROM CUSTOMERS

The Company requires retail partners to sign cooperative agreement and to pay in advance for the supply of goods. Such advance is appropriated against future sales orders. These advances are interest free, unsecured and short-term in nature.

~~FOUNTAIN HEALTHY AGING, INC~~12. ~~(formerly~~INCOME ~~IMMUREBOOST, INC.)~~TAXES

Fountain Healthy Aging, Inc. (A“FHAI”) ~~Development~~was ~~Stage~~incorporated in the State of Nevada. FHAI is an U.S. entity and is subject to the United ~~Company)~~States federal income tax. No provision for income taxes in the United States has been made as FHAI had no United States taxable income for the three months ended March 31, 2021 and 2020.

~~Notes~~Wei Lian toJin ~~Financial~~Meng ~~Statements~~ Group Limited (~~unaudited~~“WLJM Cayman”) was incorporated in Cayman Islands. Under the current tax laws of Cayman Islands, WLJM Cayman is not subject to tax on their income or capital gains. In addition, upon of dividends by WLJM Cayman to its shareholders, no Cayman Islands withholding tax will be imposed.

~~For~~Wei Lian ~~the~~Jin ~~Three~~Meng (Hong Kong) Co., Ltd. (“WLJM HK”) was incorporated in Hong Kong and ~~Nine~~is ~~Months~~subject ~~Ended~~to an income tax rate of 16.5% ~~September~~for ~~30,~~taxable ~~2009,~~income generated from operations in Hong Kong.

~~and~~Jin You ~~the~~Wei ~~Period~~Meng of(Shenzhen) ~~February~~Consulting 25Co., ~~2004~~ Ltd. (~~Inception~~“JYWM WFOE”), ~~through~~Shenzhen ~~September~~Wei 30Lian Jin Meng Electronic Commerce Limited (“Shenzhen Wei Lian”), ~~2009~~Dongguan Dishi Coffee Limited (“Dongguan Dishi”) and Shenzhen Nainiang Coffee Art Museum Limited (“Shenzhen Nainiang”) were incorporated in the PRC and they are subject to profits tax rate at 25% for income generated and operation in the country.

1.The full ~~Organization~~realization ~~and~~of ~~Summary~~the oftax benefit associated with the losses carried forward depends predominantly upon the Company’s ability ~~Significant~~to ~~Accounting~~generate ~~Policies~~taxable income during the carry forward period.

~~This summary of~~In ~~significant~~assessing ~~accounting~~the ~~policies~~realization of ~~FOUNTAIN~~deferred ~~HEALTHY~~tax ~~AGING~~assets, ~~INC.~~management ~~(formerly IMMUREBOOST,~~considers ~~INC.)~~whether (ait ~~development~~is ~~stage~~more ~~company)~~likely ~~(“the~~than ~~Company”)~~not isthat ~~presented~~some ~~to assist~~portion inor ~~understanding~~all of the ~~Company's~~deferred ~~financial~~tax ~~statements~~assets will be realized. ~~These~~The ~~accounting policies~~ultimate ~~conform~~realization toof ~~accounting~~deferred ~~principles~~tax ~~generally~~assets ~~accepted~~is independent upon the ~~United States~~generation of ~~America~~future taxable ~~and~~income ~~have~~during ~~been~~the ~~consistently~~periods ~~applied~~ in ~~the~~which ~~preparation~~those oftemporary ~~the accompanying~~differences ~~financial~~become ~~statements~~deductible. ~~The~~Management ~~Company~~considers ~~has~~the ~~realized~~scheduled ~~minimal revenues~~reversal ~~from~~of ~~its~~deferred ~~planned~~tax ~~principal~~liabilities, ~~business~~projected ~~purpose~~future ~~and,~~taxable ~~accordingly,~~income isand ~~considered~~tax ~~to be~~planning strategies in ~~its~~making ~~development~~this ~~stage~~assessment. inA ~~accordance~~valuation ~~with~~allowance is ~~Financial~~provided ~~Accounting~~for ~~Standards Board~~deferred ~~(“FASB”)~~tax ~~Accounting~~assets ~~Standards~~if ~~Codification~~it ~~(“ASC”)~~is ~~Topic~~more ~~No.~~likely ~~915~~than ~~(SFAS~~not ~~No. 7). The~~these items will either expire before the Company ~~has~~is ~~elected~~able ato ~~fiscal~~realize their ~~year~~benefits, ~~end~~or ofthat ~~December~~future 31deductibility is uncertain.

~~Business~~The ~~Description~~Company did not record deferred tax assets as of March 31, 2021 and December 31, 2020.

~~FOUNTAIN HEALTHY AGING, INC. is a Nevada corporation~~A ~~originally~~reconciliation ~~organized on February 25, 2004 to acquire timeshares and like entities and facilitate rentals and sales~~ of ~~the~~tax ~~entities~~expense ~~and~~from ~~travel~~25% ~~packages via~~statutory ~~its~~tax ~~full-service~~rates ~~travel~~for ~~website. On July 17, 2006,~~ the ~~Board~~ ofthree ~~Directors~~months ~~voted~~ended toMarch ~~change the name of the Company to eSavingStore.com~~31, ~~Inc. On~~ ~~June~~2021 5,and ~~2007,~~2020 ~~the~~is Board of Directors voted to change the name of the Company to Immureboost, Inc. On August 18, 2007, the Company entered into an asset purchase agreement with Immureboost Inc., a Thailand company, with the intention to purchase intellectual property to develop products that affect the human body’s immune system. No assets were ever acquired or stock issued as ~~a result of this agreement, which was terminated.~~ follows:

On August 27, 2008, the Company changed its name to Fountain Healthy Ageing, Inc. On September 16, 2008, the Company changed the spelling to Fountain Healthy Aging, Inc. The Company has established a relationship with Natural Planet USA LLC, a California LLC (“Natural Planet”), under which the Company had acquired rights to distribute a number of anti-aging products developed by Natural Planet. The Company is in the process of developing its business as a pioneering, science-based company that licenses and distributes effective, natural, and safe products that slow and delay the aging process and improve the symptoms associated with aging.

	For the three months ended March 31,
	2021			2020
Profit before tax	$	3,171,635		$	55,265
Tax benefit calculated at statutory tax rate		25	%		25	%
Computed expected tax expense		792,909			13,816
Others		(13,537	)		3,799
	$	779,372		$	17,615

~~Income~~13. ~~Taxes~~LEASES

The Company ~~recognizes~~has leases for the ~~tax~~office, ~~effects~~factory ~~of transactions~~and warehouse in the ~~year~~PRC, inunder ~~which~~operating ~~such~~leases ~~transactions~~expiring ~~enter~~on ~~into~~various ~~the~~dates ~~determination of~~through ~~net income~~September 2023, ~~regardless~~which ofis ~~when~~classified ~~reported~~as ~~for~~operating ~~tax purposes~~leases. ~~Deferred~~There ~~taxes~~ are ~~provided~~ inno ~~the~~residual ~~financial~~value ~~statements~~guarantees ~~under~~and ~~ASC~~no ~~Topic~~restrictions ~~No.~~or ~~740~~covenants ~~(SFAS~~imposed Noby the leases. ~~109)~~Lease ~~to give~~liabilities ~~effect~~are tomeasured ~~the~~at ~~resulting~~present ~~temporary~~value ~~differences~~of ~~which~~the ~~may~~sum ~~arise~~of ~~from differences~~remaining inrental ~~the~~payments ~~bases~~as of ~~fixed~~March ~~assets~~31, ~~depreciation methods~~2021, ~~allowances,~~with ~~and~~discounted ~~start-up~~rate ~~costs~~of ~~based~~4.75%. onA ~~the~~single ~~income~~lease ~~taxes~~cost ~~expected~~is torecognized beover ~~payable~~the inlease ~~future~~term ~~years. Development~~on ~~stage~~a ~~deferred~~generally ~~tax~~straight-line ~~assets~~basis. ~~approximating~~All ~~$306,000~~cash ~~arising~~payments asof ~~a result~~operating oflease ~~net~~cost ~~operating~~are ~~loss~~classified ~~carryforwards~~within ~~totaling~~operating ~~$875,664~~activities ~~have~~in ~~been~~the ~~offset completely~~statement byof acash ~~valuation~~flows. ~~allowance~~Rent ~~due~~expense tofor the ~~uncertainty~~three ofmonths ~~their~~ended ~~utilization~~March 31, in2021 ~~future~~and ~~periods. The~~2020 ~~valuation~~were ~~allowance increased by approximately~~ $1478,~~600~~596 and $~~122~~62,~~800 during the Nine Months Ended September 30~~121, ~~2009~~ ~~and 2008,~~ respectively.

Estimates

Preparation of financial statements in accordance with accounting principles generally accepted in the United States of America requires the use of estimates, such as depreciation and valuation of timeshare points. Because of the use of estimates inherent in the financial reporting process, actual results could differ significantly from those estimates.

~~FOUNTAIN~~The ~~HEALTHY~~Company’s ~~AGING,~~future ~~INC.~~minimum ~~(formerly~~payments ~~IMMUREBOOST,~~under ~~INC.)~~long-term non-cancelable operating leases are as follows:

(A Development Stage Company)

	March 31, 2021
Within 1 year	$	320,584
After 1 year but within 5 years		35,731
Total lease payments	$	356,315
Less: imputed interest		(51,274	)
Total lease obligations		305,041
Less: current obligations		(273,700	)
Long-term lease obligations	$	31,341

~~Notes to Financial Statements~~Other ~~(unaudited)~~information:

For the Three and Nine Months Ended September 30, 2009,

	For the three months ended March 31,
	2021			2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flow from operating leases	$	78,596		$	62,121
Right-of-use assets obtained in exchange for operating lease liabilities		301,093			302,725
Remaining lease term for operating leases (years)		2.5			3.5
Weighted average discount rate for operating leases		4.75	%		4.75	%

~~and~~14. ~~the~~RELATED ~~Period~~PARTIES ~~of February 25, 2004 (Inception) to September 30, 2009~~TRANSACTIONS

1.The Company ~~Organization~~had ~~and~~the ~~Summary~~following ofbalances ~~Significant~~with ~~Accounting Policies~~related ~~(continued)~~parties:

~~Fixed~~(a) ~~Assets~~Amount due from related parties

Fixed assets are stated at cost and consist of computers and other office equipment. Depreciation is computed using the accelerated double-declining method based on estimated useful lives of 3 years.

		March 31,		December 31,
	Relationship	2021		2020
Ye Aiyun	Shareholder of the Company		57,453		142,450
Total		$	57,453	$	142,450

~~Cash~~Amount due ~~and~~from related parties represents cash advance to Ye Aiyun, shareholder of the Company. The balance is unsecured, non-interest bearing ~~Cash~~and ~~Equivalents~~repayable on demand.

~~For~~(b) ~~the~~Amount ~~purpose~~due ~~of the statements of cash flows, the Company considers all highly liquid debt instruments purchased with a maturity of Three Months or less~~ to berelated ~~cash equivalents. The Company had $22 and $- in cash at September 30, 2009 and December 31, 2008, respectively.~~parties

Advertising

		March 31,		December 31,
	Relationship	2021		2020
Zhu Hong	Shareholder of the Company		450,705		1,059,853
Zhu Jian Yong	Shareholder of the Company		1,724		1,731
Shenzhen Weilian Jin Meng Culture Spreading Limited	Zhu Hong is the shareholder		23,323		24,800
Shenzhen Nainiang Wine Limited	Zhu Hong is the shareholder		29,310		10,768
Total		$	505,062	$	1,097,152

The balances represent cash advances to related parties, which were offset with the Company’s ~~generally~~assets and expenses ~~advertising costs~~paid ason ~~incurred.~~behalf Noby the ~~advertising~~related ~~costs~~parties. ~~were~~The ~~incurred~~balances ~~during~~with ~~the~~a ~~period~~related ~~of February~~party 25are unsecured, ~~2004~~non-interest ~~(inception)~~bearing ~~through~~and ~~September~~repayable ~~30,~~on ~~2009~~demand.

~~Revenue Recognition~~15. COMMITMENTS AND CONTINGENCIES

AsCommitments consist ~~described~~of ina ~~Note~~non-cancelable 3,consultancy ~~the~~service ~~Company~~agreement ~~has acquired~~entered aninto ~~interest~~with in a ~~timeshare~~third-party ~~property.~~for ~~Revenues~~the ~~were~~provision ~~originally~~of ~~intended~~ services related to bethe US ~~recognized~~listing ~~upon~~with ~~sale~~a contract sum of ~~timeshare~~$1,200,000. ~~points~~The ~~redeemable~~outstanding ~~for~~committed ~~utilization~~contract amount is $120,000. The terms of the agreement are for ~~property,~~various ormilestones ~~when~~stages ~~the~~to ~~Company~~be ~~performs~~completed ~~other~~within ~~travel~~two ~~related~~years ~~services~~through 2021. ~~The Company~~Future ~~has~~commitments ~~recognized~~within ~~minimal~~one ~~revenue~~year as of March 31, 2021 was $4120,000. No ~~from~~future ~~its~~commitments ~~initial~~more ~~intended business~~than ~~purpose~~one ~~since~~year ~~inception~~as ~~through~~of ~~September~~March 3031, ~~2009~~2021.

~~The Company has established a relationship~~Except ~~with Natural Planet USA LLC, a California LLC (“Natural Planet”), under which~~ the ~~Company~~above ~~had~~commitments ~~acquired~~and ~~rights to distribute a number of anti-aging products developed by Natural Planet. The Company is in~~ the ~~process~~operating oflease ~~developing its~~commitment ~~business~~ as adisclosed ~~pioneering,~~at ~~science-based~~Note ~~company that licenses and distributes effective~~13, ~~natural,~~there ~~and~~are ~~safe~~no ~~products~~material ~~that slow and delay the aging process and improve the symptoms associated with aging~~commitments. ~~As such, the Company is evaluating its revenue-generating opportunities and will establish a revenue recognition policy once these opportunities have been determined.~~

~~Earnings~~16. ~~(Loss)~~SUBSEQUENT ~~Per Share~~ EVENTS

~~The computation of net income (loss) per~~There ~~share of common stock~~ is ~~based on the weighted average number of shares outstanding during the period presented. There were~~ no ~~potentially~~subsequent ~~dilutive common~~events ~~share~~have ~~equivalents~~occurred ~~outstanding~~that ~~during~~would ~~the~~require ~~periods~~recognition ~~shown~~or ~~and,~~disclosure ~~accordingly, the~~in ~~computation of net loss per share on a fully dilutive basis is~~ the ~~same~~financial ~~as basic net loss per share~~statements.

2. Related Party Transactions

On April 22, 2004, the Company entered into a consulting agreement with an entity affiliated with its former president/director. The entity was engaged to perform consulting services and provide office space for the Company for a term of six months commencing April 22, 2004, in exchange for $15,000. On December 30, 2004, the president/director resigned from his position with the Company.

For the period of February 25, 2004 (inception) through April 22, 2004 (see above paragraph), and for the period of July 2006 to the present, office space and services have been provided without charge by the Company's CEO. Such costs are not significant to the financial statements and have not been reflected therein.

~~FOUNTAIN~~Item ~~HEALTHY~~2. ~~AGING,~~Management’s ~~INC.~~Discussion ~~(formerly~~and ~~IMMUREBOOST,~~Analysis ~~INC.)~~of Financial Condition and Results of Operations

~~(A Development Stage~~FORWARD-LOOKING ~~Company)~~STATEMENTS

~~Notes~~Cautionary Note toRegarding ~~Financial~~Forward-Looking Statements ~~(unaudited)~~

~~For~~This Quarterly Report on Form 10-Q contains “forward-looking statements” within the ~~Nine~~meaning ~~Months~~of ~~Ended~~the ~~September~~safe 30harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Because they discuss future events or conditions, forward-looking statements may ~~2009~~include words such as “anticipate,” “believe,” “estimate,” “intend,” “could,” “should,” “would,” “may,” “seek,” “plan,” “might,” “will,” “pursue,” “expect,” “predict,” “project,” “goals,” “strategy,” “future,” “likely,” “forecast,” “potential,” “continue,” negatives thereof or similar references to future periods. Examples of forward-looking statements include, among others, statements we make regarding future acquisition or merger targets, business strategies, macro-economic and sector-specific trends, future cash flows, financing plans, plans and objectives of management and any other statements which are not statements of historical facts.

2Forward-looking statements are neither historical facts nor assurances of future performance. ~~Related~~ ~~Party~~Instead, they are based only on our current beliefs, expectations ~~Transactions~~and ~~(continued)~~assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual future results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, inability to successfully conclude acquisitions of target companies or assets which are reasonably capable of generating positive cash flow in the near future, legal and regulatory changes in the jurisdictions in which we operate, volatility or decline in our stock price, potential fluctuation of our quarterly and annual financial and operational results, rapid adverse changes in markets, decline in demand for our goods and services, insufficient revenues to cover our operating costs and such other factors as discussed throughout this section.

InExcept as ~~February~~required ~~2007,~~by ~~the~~applicable ~~Company’s~~law, ~~then~~including ~~sole Officer (“~~the ~~Former~~securities ~~Officer”)~~laws ~~loaned~~of the ~~Company~~United ~~$300~~States, towe ~~pay~~do ~~for~~not ~~operating expenses. Upon~~intend ~~the~~to ~~resignation~~update ~~from~~any ~~his~~of ~~positions with~~ the ~~Company~~forward-looking ~~effective~~statements ~~August 28, 2008, the Former Officer forgave the amounts owed~~ to ~~him. The~~conform ~~Company~~these ~~has~~statements ~~written off the debt~~ to ~~additional~~actual ~~paid-in capital~~results.

OnYou should ~~July~~read 6,the ~~2007,~~following ~~the~~discussion ~~Company~~and ~~entered~~analysis ~~into an~~of ~~employment~~our ~~agreement~~financial ~~with~~condition ~~the~~and ~~Officer,~~results ~~whereby~~of ~~the~~operations ~~Officer~~in ~~would~~conjunction ~~perform~~with our consolidated ~~various~~financial ~~services~~statements ~~for~~and the ~~Company~~related innotes ~~exchange~~included ~~for~~elsewhere ~~annual~~in ~~Officer~~this ~~compensation~~report. ~~of 300,000~~Our ~~Euros,~~consolidated ~~plus~~financial ~~100,000~~statements ~~Euros~~have ~~for~~been ~~annual Director's fees. The~~prepared ~~compensation~~in ~~was~~accordance ~~translated~~with ~~from~~U.S. ~~Euros~~GAAP. ~~into~~In USaddition, ~~dollars~~our ~~using~~consolidated afinancial ~~weighted~~statements ~~average exchange~~and ~~rate pro-rated for~~ the ~~period~~financial ofdata ~~July~~included ~~2007~~in ~~through~~this ~~June~~Quarterly ~~2008, resulting~~Report inon ~~$156,266~~Form ~~compensation~~10-Q ~~expense~~reflect ~~for~~our ~~the~~reorganization ~~nine~~and ~~months~~have ~~ended~~been ~~September~~prepared ~~30,~~as ~~2008, and~~if ~~total~~our ~~accrued~~current ~~compensation~~corporate ofstructure ~~$592,873~~had atbeen ~~September~~in ~~30,~~place ~~2008. The~~throughout the ~~agreement~~relevant ~~also~~periods. ~~entitled~~The ~~the~~following ~~Officer~~discussion toand ~~stock~~analysis ~~options~~contain ~~pursuant~~forward-looking tostatements athat ~~separate agreement,~~involve ~~which~~risks ~~was~~and ~~never executed~~uncertainties. In ~~August~~Actual results ~~2008,~~could ~~the~~differ ~~Officer~~materially ~~resigned~~ from ~~his~~those ~~positions~~projected ~~with~~in the ~~Company~~forward-looking ~~and~~statements. ~~released~~For ~~all~~additional ~~claims~~information heregarding ~~had~~these ~~against the~~risks ~~Company~~and ~~for~~uncertainties, ~~debts~~please ~~owed~~see tothis ~~him.~~Part ~~Thus~~I, ~~$592,873~~Item in2 ~~accrued~~(“Management’s ~~compensation~~Discussion and ~~$32,000~~ inAnalysis ~~notes~~of ~~payable~~Financial ~~(plus~~Condition ~~$2,133~~and inResults of ~~accrued interest~~Operations”) ~~from~~of ~~2007~~this ~~were written~~Quarterly ~~off~~Report toon ~~additional~~Form ~~paid~~10-~~in capital during the quarter ended September 30, 2008~~Q.

In August 2008, a company affiliated with the Company’s CEO advanced the Company $8,400. In November and December 2008, the Company’s CEO advanced the Company $10,550. The notes total $18,950, carry an interest rate of 4.25%, and are due on demand (See Note 6). Overview

~~During~~The ~~the~~Company ~~quarter~~is ~~ended~~a ~~September~~U.S. 30holding company incorporated in Nevada on February 25, ~~2009~~2004, and operating through the Company’s ~~CEO~~wholly ~~incurred~~owned $2subsidiary WLJM Cayman,~~564~~ ina ~~reimbursable~~company ~~expenses~~incorporated under ~~incurred~~the inlaws of the Cayman Islands on June 30, 2020. The Company’s ~~behalf~~ entire business, onincluding ~~which~~operations, ~~interest~~employees, ~~has~~sales ~~not~~and marketing ~~been~~and ~~imputed~~research ~~due~~and todevelopment, are all conducted through its ~~immaterial~~subsidiaries ~~affect~~located on within the ~~financials~~People’s Republic of China (“PRC”).

3. Intangible Asset and Note Payable – Timeshare

Shortly after inception, the Company acquired an undivided interest in the Wyndham Vacation Resorts (formerly Fairfield Resorts, Inc.) (WVR) timeshare resort, along with the rights to participate in timeshare use, or to allow certain others the use, of a specified number of days lodging in WVR timeshare properties. The timeshare interest was being financed by WVR, but the Company defaulted on its payments during 2008, which compelled WVR to foreclose on the mortgage and revoke the timeshare interest. In light of the Company’s new business direction, the Company had been seeking to dispose of the intangible asset. As a result, the carrying value of the asset was impaired down to $0 during the fourth quarter of 2008. Upon foreclosure in March 31, 2009, the loan had a carrying value of $21,438, which has been included in other income on the statement of operations.

4. Stockholders' Deficit

The Board of Directors authorized a 30:1 forward stock split on July 1, 2006, a 2:1 reverse stock split on June 12, 2007, and a 2:1 forward split on December 22, 2009. These footnotes and the accompanying financial statements have been retroactively restated to include the effects of the splits. The following transactions comprise the 101,950,000 and 101,850,000 shares of common stock issued and outstanding at September 30, 2009 and December 31, 2008, respectively.

During March and April 2004, the Company issued common stock for cash in accordance with separate private offering memorandums as follows:

Number of shares

Price per share

Cash received

27,000,000

.0000335

900

28,500,000

.000335

9,500

30,000,000

.001

30,000

11,400,000

.00165

19,000

4,800,000

.00335

16,000

101,700,000

75,400

~~FOUNTAIN~~The following ~~HEALTHY~~is ~~AGING,~~the ~~INC.~~organization ~~(formerly IMMUREBOOST,~~structure ~~INC.)~~of the Company along with ownership detail of all companies:

(AWLJM Cayman ~~Development~~was ~~Stage~~incorporated in the Cayman Islands on June 30, 2020. It is 100% owned by Fountain Healthy Aging, Inc. Refer to Item 1.01 “Entry ~~Company)~~into a Material Definitive Agreement” of this Current Report on Form 8-K for a full description of the acquisition of WLJM Cayman by Fountain Healthy Aging, Inc.

~~Notes~~Wei Lian toJin ~~Financial~~Meng ~~Statements~~ (~~unaudited~~Hong Kong) Company Limited (“WLJM HK”), was established in the Hong Kong Special Administrative Region (“HKSAR”) of the PRC on August 5, 2020. It is 100% owned by WLJM Cayman.

~~For~~Jin You ~~the~~Wei ~~Three~~Meng ~~and~~(Shenzhen) ~~Nine~~Consulting ~~Months~~Company ~~Ended~~Limited (“JYWM WFOE”) was established as a wholly foreign-owned enterprise on ~~September~~November 3024, ~~2009~~2020, under the laws of the PRC. It is 100% owned by WLJM HK.

~~and~~Shenzhen Wei ~~the~~Lian ~~Period~~Jin ofMeng ~~February~~Electronic ~~25,~~Commerce ~~2004~~ Limited (~~Inception~~“Shenzhen Wei Lian”) towas ~~September~~incorporated 30on October 17, ~~2009~~2017, under the laws of the PRC. It is 100% owned by JYWM WFOE.

~~4. Stockholders' Equity~~Dongguan Dishi Coffee Limited (~~continued~~“Dongguan Dishi”) was incorporated on October 25, 2018, under the laws of the PRC. It is 100% owned by Shenzhen Wei Lian.

~~Pursuant~~Shenzhen Nainiang toCoffee aArt ~~Form~~Museum ~~8-K~~Limited ~~filed~~(“Shenzhen ~~with~~Nainiang”) ~~the~~was ~~SEC~~ incorporated on ~~July~~June 2820, ~~2006~~2019, under the ~~Board~~laws of ~~Directors voted to increase~~ the ~~Company’s~~PRC. It ~~authorized~~is ~~common~~100% ~~shares~~owned ~~from~~by ~~75,000,000~~Shenzhen toWei ~~1,000,000,000 shares~~Lian.

OnThe ~~October~~Company, 1through our subsidiaries, ~~2006~~develops, produces, ~~the~~markets ~~Company~~and ~~issued~~sells coffee, tea, “coffee tea” and wine products. We sell our products wholesale to retail partners ~~150~~and corporate customers,~~000~~ ~~shares~~and ofwe ~~common~~also ~~stock~~sell atdirectly $to consumers in the PRC via our e-commerce channels.~~00335~~ ~~per~~We ~~share~~adopted the “online to offline”, ~~its~~or ~~transfer~~O2O ~~agent~~sales ~~for~~mode (i.e. selling products online and delivering products through offline channels), committing to building ~~$500~~the first brand of “coffee tea” culture in ~~services~~the PRC. Beginning late 2020, we provide pre-opening assistance to retail partners to operate coffee stores.

OnCritical Accounting ~~July~~Policies 4 and ~~July~~Use ~~14, 2009, the Company issued to two unaffiliated investors, 100,000 total shares~~ of ~~common stock at $.25 per share for $25,000 in cash.~~Estimates

5We prepare our financial statements in conformity with U. ~~Going~~S. ~~Concern~~GAAP, which requires management to make certain estimates and ~~Liquidity~~to apply judgments. ~~Considerations~~We base our estimates and judgments on historical experience, current trends and other factors that management believes to be important at the time the financial statements are prepared. On a regular basis, we review our accounting policies and how they are applied and disclosed in our condensed financial statements. Actual results could differ from those estimates made by management.

~~The accompanying~~We ~~financial~~believe ~~statements have been prepared assuming~~ that ~~the~~of ~~Company~~our ~~will~~significant ~~continue as~~accounting ~~a going concern~~policies, which ~~contemplates,~~are ~~among~~described ~~other things, the realization of assets and satisfaction of liabilities~~ in ~~the~~Note ~~normal~~3 ~~course~~to ofour ~~business. As~~consolidated offinancial ~~September 30~~statements, ~~2009,~~ the ~~Company~~following accounting ~~has~~policies involve a ~~working~~greater ~~capital~~degree ~~deficit~~ of ~~$147,480~~ judgment and ~~an accumulated deficit of $875,664~~complexity. ~~Unanticipated~~ ~~costs and expenses or the inability to generate revenues could require additional financing~~Accordingly, ~~which~~these ~~would~~are ~~be sought through bank borrowings, equity or debt financing, or asset sales. To~~ the ~~extent~~policies ~~financing~~we isbelieve ~~not~~are ~~available,~~ the ~~Company~~most ~~may~~critical ~~not be able~~ to, oraid ~~may~~in befully ~~delayed~~understanding ~~in,~~and ~~developing~~evaluating ~~its~~our ~~services~~financial condition and ~~meeting its~~results ~~obligations.~~of operations.

~~The Company will~~Revenue continue to evaluate its projected expenditures relative to its available cash and to evaluate additional means of financing in order to satisfy its working capital and other cash requirements. The accompanying financial statements do not reflect any adjustments that might result from the outcome of these uncertainties.Recognition

6We recognize revenue from the sale of coffee, tea, “coffee tea" and wine products, net of value-added taxes, upon delivery at such time title passes to the customer. Customers are required to pay in advance before making sales orders and the advance is initially recorded as advance from customers. During the three months ended March 31, 2021 and 2020, product revenue from coffee, tea and “coffee tea” products amounted to $2,138,721 and $319,530, respectively, whereas product revenue from wine products amounted to $2,225,196 and nil, respectively.

~~Notes~~In ~~Payable~~addition, we provide pre-opening assistance to retail partners to operate coffee stores, revenue is recognized upon the completion of services. During the three months ended March 31, 2021 and 2020, service revenue amounted to $47,341 and $nil, respectively.

	Principal balance
	September 30	December 31,
	2009	2008
Note Payable –Ttimeshare:
Wyndham Vacation Resorts (WVR) (Note 3) for $33,100 – June 2004 inception, June 2014 maturity, $415 monthly payments, 10.99% annual interest, collateralized by the timeshare property. Interest expense of $0 and $683 for the three months ended March 31, 2009 and 2008, respectively, with no accrued interest at March 31, 2009 or December 31, 2008. During the current quarter, WVR repossessed the timeshare and voided the contract.	$ -	$ 21,438
Notes Payable
Independent investor for $22,994 – March 2007 inception, September 2007 maturity, 5.25% annual interest plus 1% interest per month late fee each month after maturity, unsecured. Interest expense of $1,811 and $2,199 for the nine months ended September 30, 2009 and 2008, respectively. Accrued interest of $6,137 and $4,326 at September 30, 2009 and December 31, 2008, respectively.	22,994	22,994
Independent investor for $15,000 – November 2007 inception, due on demand, 8% annual interest, unsecured. Interest expense of $903 and $900 for the nine months ended September 30, 2009 and 2008, respectively. Accrued interest of $2,254 and $1,351 at September 30, 2009 and December 31, 2008, respectively.	15,000	15,000

FOUNTAIN HEALTHY AGING, INC. (formerly IMMUREBOOST, INC.) (A Development Stage Company) Notes to Financial Statements (unaudited) For the Three and Nine Months Ended September 30, 2009, and the Period of February 25, 2004 (Inception) to September 30, 2009 7. Notes Payable (continued)
Independent investors for $26,500 – April 2008, due on demand, 8% annual interest, unsecured. Interest expense of $1,590 and $1,060 for the nine months ended September 30, 2009 and 2008, respectively. Accrued interest of $3,180 and $1,590 at September 30, 2009 and December 31, 2008, respectively.	26,500	26,500
Total Notes Payable	64,494	64,494
Notes Payable – Related Parties:
Company affiliate – August 2008, due on demand, 4.25% annual interest, unsecured. Interest expense of $267 for the nine months ended September 30, 2009. Accrued interest of $404 and $137 at September 30, 2009 and December 31, 2008, respectively.	8,400	8,400
Company Officer – November and December 2008, due on demand, 4.25% annual interest, unsecured. Interest expense of $336 and $36 for the nine months ended September 30, 2009. Accrued interest of $372 and $36 at September 30, 2009 and December 31, 2008, respectively.	10,550	10,550
Total Notes Payable – Related Parties	18,950	18,950
Total notes payable	83,444	104,882
Less current portion	83,444	87,284
Total notes payable – long-term	$ -	$ 17,598

Our revenue recognition policy is compliant with ASU No. 2014-09, Revenue from Contracts with Customers that revenue is recognized when a customer obtains control of promised goods and is recognized in an amount that reflects the consideration that we expect to receive in exchange for those goods. In addition, the standard requires disclosure of the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. The amount of revenue that is recorded reflects the consideration that we expect to receive in exchange for those goods. We apply the following five-step model in order to determine this amount:

	(i)	identification of the goods/services in the contract;

	(ii)	determination of whether the goods/services are performance obligations, including whether they are distinct in the context of the contract;

	(iii)	measurement of the transaction price, including the constraint on variable consideration;

	(iv)	allocation of the transaction price to the performance obligations; and

	(v)	recognition of revenue when (or as) the Company satisfies each performance obligation.

We only apply the five-step model to contracts when it is probable that we will collect the consideration we are entitled to in exchange for the goods or services we transfer to the customer. Once a contract is determined to be within the scope of ASC 606 at contract inception, we review the contract to determine which performance obligations we must deliver and which of these performance obligations are distinct. We recognize as revenues the amount of the transaction price that is allocated to the respective performance obligation when the performance obligation is satisfied or as it is satisfied. Generally, our performance obligations are transferred to customers at a point in time, typically upon delivery or service being rendered.

For all reporting periods, we have not disclosed the value of unsatisfied performance obligations for all product revenue contracts with an original expected length of one year or less, which is an optional exemption that is permitted under the adopted rules.

Concentrations of Credit Risk

Financial instruments that potentially expose us to significant concentration of credit risk consist primarily of cash and cash equivalents and accounts receivable. As of March 31, 2021 and December 31, 2020, substantially all of our cash and cash equivalents were deposited with financial institutions with high-credit ratings and quality. The following customers had an accounts receivable balance greater than 10% of total accounts receivable at March 31, 2021.

	Amount		%
Customer A	$	723,412		21%
Customer B		365,189		10%
	$	1,088,601		31%

We did not have customers constituting 10% or more of the net revenues in the three months ended March 31, 2020. We had two customers constituting 10% or more of the net revenues in the three months ended March 31, 2021 as follows:

	Amount		%
Customer A	$	867,850		20%
Customer B		435,070		10%
	$	1,302,920		30%

Recently Issued and Adopted Accounting Pronouncements

In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments – Credit Losses (Topic 326), Measurement of Credit Losses on Financial Instruments. This standard requires a financial asset (or group of financial assets) measured at amortized cost basis to be presented at the net amount expected to be collected. The allowance for credit losses is a valuation account that is deducted from the amortized cost basis of the financial asset(s) to present the net carrying value at the amount expected to be collected on the financial asset. This standard will be effective for us on April 1, 2023. We are currently evaluating the impact the adoption of this ASU will have on our consolidated financial statements.

We review new accounting standards as issued. We have not identified any other new standards that we believe will have a significant impact on our financial statements.

~~Item 2.~~Results ~~Management’s Discussion and Analysis~~ of ~~Financial Condition and Results of~~ Operations.

~~Fountain~~The following ~~Healthy~~discussion ~~Aging,~~should ~~Inc.~~be ~~(formerly~~read ~~Immureboost, Inc.) was incorporated~~ in ~~the~~conjunction ~~State~~with ~~of Nevada on February 25, 2004. Since its inception,~~ the ~~Company~~condensed ~~has~~consolidated ~~not~~financial ~~been~~statements ~~involved~~of inFountain ~~any~~Healthy ~~bankruptcy~~Aging, ~~receivership or~~Inc. ~~similar~~attached ~~proceedings. It~~hereto ~~has~~for ~~not~~the ~~undergone~~three ~~any~~months ~~material~~ended ~~reclassification, merger,~~March ~~consolidation~~31, or2021 ~~purchase~~and ~~or sale of a significant amount of assets in the ordinary course of business~~2020.

~~GENERAL~~Revenue

~~Prior~~We togenerated ~~August~~$4,411,258 18in revenue for the three months ended March 31, ~~2007~~2021 compared to $319,530 for the ~~Company~~three ~~was~~months inended March 31, 2020. During the ~~business of~~three ~~providing~~months ~~travel~~ended ~~bookings~~March 31, 2021 and ~~timeshare~~2020, ~~rentals~~product revenue from sale of coffee, tea and ~~sales.~~“coffee ~~Fountain~~tea” ~~Healthy Aging~~products amounted to $2,138,721 ~~Inc.~~and ~~(formerly~~$319,530, ~~Immureboost~~respectively, whereas ~~Inc)~~product ~~was~~revenue ~~formed~~from onsale ~~February~~of 25wine products amounted to $2,225,196 ~~2004~~and nil, ~~under~~respectively. In addition, we provide pre-opening assistance ~~the~~to ~~name~~retail ~~Celtic~~partners ~~Cross,~~to ~~Ltd.~~operate ascoffee astores, ~~“For~~and ~~Profit”~~we ~~corporation~~recognize ~~for~~our revenue upon the ~~purpose~~completion of ~~acquiring~~ services. During the ~~timeshare~~three ~~entities~~months ~~discussed~~ended March ~~herein~~31, 2021 and ~~additional~~2020, ~~like~~service ~~entities going~~revenue ~~forward~~amounted ~~including~~to a$47,341 ~~full sales~~ and ~~service~~$nil, ~~website~~respectively. ~~The~~ ~~Company~~There ~~has elected~~was aan ~~fiscal~~increase ~~year~~in ~~end~~total revenues of ~~December~~$4,091,728 or 1281% compared with the three months ended March 31., 2020.

OnOur ~~July~~business ~~17,~~is ~~2006,~~gradually ~~the~~recovering ~~Board~~from ofthe COVID-19 ~~Directors~~pandemic ~~voted~~which tohas ~~change the~~been ~~name~~less ofsevere ~~the~~than ~~Company~~in ~~to eSavingStore~~2020.~~com,~~ ~~Inc.~~The tomeasures ~~more~~taken ~~accurately~~by ~~reflect~~ the ~~Company’s~~ ~~business~~Chinese ~~plan. On~~government ~~July~~to 5,contain ~~2007,~~ the ~~stockholders~~virus ofis ~~the Company~~effective, ~~approved~~business ~~the~~has ~~name~~returned ~~change~~ to ~~Immureboost,~~normal ~~Inc. On~~and ~~August~~the ~~27,~~market ~~2008,~~has ~~the Company~~regained ~~changed~~confidence. ~~its~~This ~~name~~has topositively ~~Fountain~~affected ~~Healthy~~our ~~Aging, Inc~~results. On ~~August~~For 18example, ~~2007,~~ ~~the~~we ~~Company~~earned a ~~entered~~significant ~~into~~portion ~~an Asset Purchase Agreement (“Agreement”) with Immureboost~~ of ~~Thailand,~~revenue afrom ~~Thai~~our ~~corporation~~new ~~(the~~wine ~~"Seller") which develops processes,~~ products, ~~and pharmaceuticals~~ that ~~interact~~was ~~with~~launched ~~the~~in ~~immune~~January ~~system~~2021. Our ~~Under~~product ~~the~~revenue ~~terms~~increased ofby ~~the Agreement~~$4, ~~the Company would have acquired certain assets of the Seller~~044,386 ~~including~~or ~~patents~~1366% ~~and~~compared ~~trademarks.~~with ~~In consideration of these assets, certain stockholders of~~ the ~~Seller would have received twenty million~~ three ~~hundred~~months ~~seventy~~ended ~~thousand~~March ~~(20~~31,~~370,000)~~ ~~"restricted~~2020 ~~shares"~~due ~~(as~~to ~~that term is defined in Rule 144 of~~ the ~~Securities~~recovery ~~Act~~ of ~~1933; the "Act") of the Company's Common Stock~~economy. ~~No assets were ever acquired or stock issued as a result of this agreement, which was declared terminated on or about August 19, 2008~~

~~During~~Cost ~~the final quarter~~ of 2008, the Company established a relationship with Natural Planet USA, Inc. (formerly Natural Planet USA), a California corporation (“Natural Planet”), under which the Company will acquire rights to distribute a number of anti-aging products developed by Natural Planet. The Company is in the process of developing its business as a pioneering, science-based company that licenses and distributes effective, natural and safe products that slow and delay the aging process and improve the symptoms associated with aging.Revenue

OnCost ~~September~~of ~~14,~~revenue ~~2009~~was $935,165 for the ~~Company~~three ~~entered~~months ended ~~into~~March ~~an agreement~~31, 2021 compared to ~~acquire~~$48,390 for the ~~entire~~three ~~outstanding~~months ~~stock~~ended March 31, 2020. The increase of ~~Natural~~cost ~~Planet~~of onrevenue aby ~~date~~$886,775 toor 1833% bewas ~~agreed~~relatively ~~between~~in line with the ~~Company~~increase ~~and~~in revenue. The cost of revenue consists of the ~~shareholders~~cost of ~~Natural~~raw ~~Planet. As~~materials and cost of manufactured atgoods ~~September~~sold 30to customers, ~~2009~~including labor cost, ~~this~~rental ~~acquisition~~expense, ~~had~~research, ~~not~~and ~~been~~development ~~completed~~costs, etc. ~~The acquisition~~ ~~will~~For bethe ~~completed~~three ~~upon~~months ~~the~~ended ~~payment~~March 31, 2021 and 2020, cost of ~~the~~revenue ~~purchase~~for ~~price~~coffee, bytea ~~the Company~~and to“coffee ~~the~~tea” ~~shareholders~~products was $292,451 and $48,390, respectively, whereas cost of ~~Natural~~revenue ~~Planet~~for wine products was $642,714 and $nil, respectively.

InGross June of 2004, the Company acquired an undivided interest in the Wyndham Vacation Resorts (formerly Fairfield Resorts, Inc.) (WVR) timeshare resort, along with the rights to participate in timeshare use, or to allow certain others the use, of a specified number of days lodging in WVR timeshare properties. The purchase price of $33,100 was being financed by WVR at 10.99% annual interest on a ten-year loan. The maintenance at the WVR facilities are the responsibility of WVR, however, the Company had previously paid a monthly fee to WVR for this service. The Company was unable to maintain the loan and maintenance payments and was unsuccessful in its attempts to sell this interest. During the first quarter of 2009, WVR foreclosed on the loan and reclaimed the timeshare interest. profit

~~RESULTS~~Gross OFprofit ~~OPERATIONS~~for the three months ended March 31, 2021 was $3,476,093 compared with $271,140 for the three months ended March 31, 2020. The decrease in gross profit margin of 79% for the three months ended March 31, 2021 compared to 85% for the three months ended March 31, 2020 was due to a lower margin for the new wine products. Gross profit for the three months ended March 31, 2021 and 2020 for coffee, tea and “coffee tea” products was $1,846,270 or 85% and $271,140 or 85%, respectively. Gross profit for the three months ended March 31, 2021 and 2020 for wine products was $1,582,582 or 71% and nil, respectively. Gross profit for the three months ended March 31, 2021 and 2020 for service revenue was $47,341 or 100% and nil, respectively.

~~The Company has generated $4,000 in revenues since~~Operating inception, and has an accumulated deficit of $875,664. During the three months ended September 30, 2009 and 2008, we incurred $37,751 and $8,741 in operating expenses and during the nine months ended September 30, 2009 and 2008, we incurred $58,330 and $342,919 in operating expenses. The decrease in operating expenses was due to the departure of Mr. Steven Burke, a former officer with whom the Company had a compensation arrangement resulting approximately $590,000 in compensation expense during the term of the arrangement of July 2007 through June 2008. At September 30, 2009, we had current assets of $22 and current liabilities of $147,480.Expenses

By far the most significant component of our operating expenses for both the three months ended March 31, 2021 and 2020 was general and administrative expenses of $267,800 and $193,749, respectively. The following table sets forth the main components of our general and administrative expenses for the three months ended March 31, 2021 and 2020.

	For the three months ended March 31,
	2021					2020
	Amount (US$)		% of Total			Amount (US$)		% of Total
General and administrative expense:
Consultancy fee	$	91,730		34.3	%	$	19,109		9.9	%
Salary and welfare		50,484		18.9	%		78,119		40.3	%
Rental expenses		78,596		29.3	%		62,121		32.0	%
Research and development costs		21,996		8.2	%		22,258		11.5	%
Office expenses		8,875		3.3	%		2,362		1.2	%
Travel and accommodations		5,218		1.9	%		1,365		0.7	%
Entertainment		4,585		1.7	%		1,920		1.0	%
Others		6,316		2.4	%		6,495		3.4	%
Total general and administrative expenses	$	267,800		100	%	$	193,749		100	%

Increase in general and administrative expenses by $74,051 or 38% from $193,749 for the three months ended March 31, 2020 to $267,800 for the three months ended March 31, 2021 was mainly due to engagement of consultants to provide consulting services in connection with the reverse acquisition.

~~LIQUIDITY.~~ Net Profit

~~During~~We incurred ~~the~~a ~~next~~net 12profit ~~months~~of $2,392,263 for the ~~Company~~ ~~will~~three ~~need~~months ~~significant~~ended ~~working~~March ~~capital~~31, 2021 compared to ~~fund~~a ~~its~~net ~~research~~profit ~~efforts~~of ~~and~~$37,650 for the three months ~~meet~~ended ~~its~~March ~~current~~31, ~~debt~~2020, ~~obligations~~an increase of $2,354,613 or 6254%. The ~~Company~~increase ~~intends~~was primarily attributable to ~~obtain~~the ~~working~~fact ~~capital~~that our revenue has increased ~~either~~significantly, ~~from~~whereas the ~~sale~~increase ofin ~~product~~administrative orexpenses ~~through~~is ~~private~~lower ~~investments~~than ~~made~~the byincrease ~~third parties~~of orrevenue ~~debt~~because ~~instruments.~~some expenses are fixed costs in nature.

~~Item~~Liquidity and 3.Capital Resources

Quantitative and Qualitative Disclosures About Market Risk

	March 31,			December 31,
Working capital:	2021			2020
Total current assets	$	3,927,546		$	505,082
Total current liabilities		(2,987,515	)		(1,947,717	)
Working capital surplus (deficiency)	$	940,031		$	(1,442,635	)

~~Not~~As of ~~required~~March by31, ~~smaller~~2021, ~~reporting~~we ~~companies~~had cash and cash equivalents of $48,599. To date, we have financed our operations primarily through advance from related parties. The following table provides detailed information about our net cash flows for the three months ended March 31, 2021 and 2020:

Item 4T.

Cash flows:	2021			2020
Net cash provided by operating activities	$	36,195			15,522
Net cash used in investing activities		(49,021	)		(26,715	)
Effect of exchange rate changes on cash and cash equivalents		(92	)		(222	)
Net decrease in cash and cash equivalents		(12,918	)		(11,415	)
Cash and cash equivalents at the beginning of year		61,517			23,046
Cash and cash equivalents at the end of the three-month period	$	48,599			11,631

~~Controls and Procedures~~Operating Activities

~~Evaluation~~Net cash provided by operating activities was $36,195 for the three months ended March 31, 2021. The difference between our net profit of ~~Disclosure~~$2,392,263 ~~Controls~~and net cash provided by operating activities was mainly attributable to the depreciation of fixed assets and amortization of intangible assets of $14,266, and the increase ~~Procedures~~in other operating assets and liabilities of $2,412,240 which was generally due to the increase in accounts receivables, accounts payable, income tax payables and amount due from/to related parties.

~~Our management is responsible for~~Investing establishing and maintaining adequate internal control over financial reporting. Our internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes of accounting principles generally accepted in the United States. Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Therefore, even those systems determined to be effective can provide only reasonable assurance of achieving their control objectives. Because of the inherent limitations of internal control, there is a risk that material misstatements may not be prevented or detected on a timely basis by internal control over financial reporting. However, these inherent limitations are known features of the financial reporting process. Therefore, it is possible to design into the process safeguards to reduce, though not eliminate this risk.Activities

AsCash used ofin ~~September~~investing ~~30,~~activities ~~2009,~~for ~~management assessed~~ the ~~effectiveness~~three ofmonths ~~our~~ended ~~internal~~March ~~control~~31, ~~over~~2021 ~~financial~~was ~~reporting. Based on that evaluation~~$49,021, ~~they~~as ~~concluded~~compared ~~that~~to $26,715 ~~during~~for the ~~period~~three ~~covered~~months ended byMarch ~~this report~~31, ~~such~~2020. ~~internal~~The ~~controls~~increase ~~and~~in ~~procedures~~cash ~~were~~used ~~not~~in ~~effective~~investing ~~to detect~~activities ~~the~~was ~~inappropriate~~mainly ~~application~~attributable ofto USacquisition ~~GAAP rules. The determination~~ of ~~ineffective~~intangible ~~internal~~assets ~~control is based upon~~ during the ~~lack~~three ofmonths ~~separation~~ended ofMarch ~~duties~~31, 2021. In ~~evaluating~~We ~~the~~will ~~effectiveness~~evaluate ofand ~~our~~assess ~~internal~~the ~~control~~COVID-19 ~~over~~pandemic ~~financial reporting,~~impact to our ~~management~~business ~~used~~to ~~the~~determine ~~criteria set forth by~~ the ~~Committee of~~plan ~~Sponsoring~~for ~~Organizations~~increasing ofour ~~the~~capital ~~Treadway~~expenditures ~~Commission (“COSO”)~~ in ~~Internal~~the ~~Control –~~future ~~Integrated Framework~~periods.

Under the supervision and with the participation of our senior management, including our chief executive officer and chief financial officer, Paul Hunston, we conducted an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), as of the end of the period covered by this quarterly report (the “Evaluation Date”). Based on this evaluation, our chief executive officer and chief financial officer concluded as of the Evaluation Date that our disclosure controls and procedures were not effective such that the information relating to us required to be disclosed in our Securities and Exchange Commission (“SEC”) reports (i) is recorded, processed, summarized and reported within the time periods specified in SEC rules and forms, and (ii) is accumulated and communicated to our management, including our chief executive officer and chief financial officer, as appropriate to allow timely decisions regarding required disclosure.

Officers’ Certifications

Appearing as exhibits to this quarterly report are “Certifications” of our Chief Executive Officer and Chief Financial Officer. The Certifications are required pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 (the “Section 302 Certifications”). This section of the Quarterly Report contains information concerning the Controls Evaluation referred to in the Section 302 Certification. This information should be read in conjunction with the Section 302 Certifications for a more complete understanding of the topics presented.

Changes in Internal Control Over Financial Reporting

There have been no changes in our internal control over financial reporting that occurred during the quarter ended September 30, 2009 that have materially affected or are reasonably likely to materially affect our internal control over financial reporting.

~~PART~~Contractual Obligations IIand -Commercial ~~OTHER INFORMATION~~ Commitments

~~Item~~We had 5.the following contractual obligations and commercial commitments as of March 31, 2021:

Exhibits.

	Total		Less than 1 year		1-5 years		More than 5 years
Operating lease	$	356,315	$	320,584	$	35,731	$	-
Consultancy service		120,000		120,000		-		-
		476,315		440,584		35,731		-

For the three months ended March 31, 2021 and 2020, we entered into various operating lease agreement during the fiscal year 2018 and 2019, and expiring on variance dates through September 2023. The ~~following~~average ~~exhibits~~monthly ~~are~~lease ~~filed~~expense is approximately $26,199. The outstanding lease ~~herewith:~~commitment as of March 31, 2021 was $356,315.

~~31.1~~During 2019, ~~Certification~~we ~~pursuant~~entered ~~to Rule~~into ~~13a-14(~~a) ~~or 15d~~non-~~14(~~cancelable consultancy service agreement with a) ~~under~~third-party for the ~~Securities~~provision ~~Exchange~~of ~~Act~~services related to the US listing with the contract amount of ~~1934~~$1,200,000. The outstanding commitment as ~~amended.~~ of March 31, 2021 was $120,000.

~~32.1 Certification pursuant to 18~~Item U3.~~S.C.~~ ~~Section~~Quantitative ~~1350,~~and asQualitative ~~adopted~~Disclosures ~~pursuant~~About toMarket ~~Section 906 of the Sarbanes-Oxley Act of 2002.~~Risk

As a “smaller reporting company,” we are not required to provide the information required by this Item.

Item 4. Controls and Procedures

Management’s Report on Disclosure Controls and Procedures

We maintain disclosure controls and procedures that are designed to ensure that information required to be disclosed in our reports filed under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms, and that such information is accumulated and communicated to our management, including our president (our principal executive officer and principal financial officer) to allow for timely decisions regarding required disclosure.

As of the end of the quarter covered by this Quarterly Report on Form 10-Q, we carried out an evaluation, under the supervision and with the participation of our president (our principal executive officer, principal financial officer and principle accounting officer), of the effectiveness of the design and operation of our disclosure controls and procedures. Our management’s relative inexperience with the reporting requirements of public companies under the Exchange Act is a source of substantial concern and risk, and considering all components of our assessment, our president (our principal executive officer and principal financial officer) concluded that our disclosure controls and procedures were not effective as of the end of the period covered by this Quarterly Report on Form 10-Q.

Changes in Internal Controls

There have been no changes in our internal controls over financial reporting that occurred during the quarter ended March 31, 2021, that have materially or are reasonably likely to materially affect, our internal controls over financial reporting.

~~SIGNATURES~~PART II - OTHER INFORMATION

~~Pursuant to the requirements of~~Item ~~the~~1. ~~Securities~~Legal ~~Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.~~Proceedings

~~FOUNTAIN~~We know ~~HEALTHY~~of ~~AGING~~no material, existing or pending legal proceedings against our Company, nor are we involved as a plaintiff in any material proceeding ~~INC~~or pending litigation. There are no proceedings in which any of our directors, officers or affiliates, or any registered beneficial shareholder, is an adverse party or has a material interest adverse to our interest.

Name		Title		Date
Paul Hunston		CFO, CEO Director		November 23, 2009

Item 1A. Risk Factors

As a “smaller reporting company,” we are not required to provide the information required by this Item.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

On February 2, 2021, the Company issued 600,000,000 shares of the Company’s common stock to the owners (the “Sellers”) of Wei Lian Jin Meng Group Limited, a limited liability company incorporated in the Cayman Islands (“WLJM”), in exchange for the transfer by the Sellers of 100% of the equity ownership interests in WLJM (the “Acquisition”). The Company reported the Acquisition in its Current Report on Form 8-K, filed with the Securities and Exchange Commission on February 3, 2021.

Item 3. Defaults Upon Senior Securities

None.

Item 4. Mine Safety Disclosures

Not Applicable.

Item 5. Other Information

None.

Item 6. Exhibits

Exhibit Number		Description
31.1*		Certification of the Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
31.2*		Certification of the Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
32.1**		Certification of the Principal Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
32.2**		Certification of the Principal Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
101.INS*		XBRL Instance Document
101.SCH*		XBRL Taxonomy Extension Schema Document
101.CAL*		XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF*		XBRL Taxonomy Extension Definition Linkbase Document
101.LAB*		XBRL Taxonomy Extension Label Linkbase Document
101.PRE*		XBRL Taxonomy Extension Presentation Linkbase Document

*	Filed herewith.
**	Deemed furnished and not filed.

SIGNATURES

In accordance with Section 13 or 15(d) of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	Fountain healthy aging, inc.
	(Registrant)

Dated: May 24, 2021	/s/ Zhu Hong
	Zhu Hong
	President, Chief Executive Officer and Director
	(Principal Executive Officer)

Filing Compare · MICROALLIANCE GROUP INC.